With us today is Frank C. Smeenk President & Chief Executive Officer of KWG Resources Inc. Mr. Smeenk discusses recent conversation with Noront Resources after proposed acquisition of Cliffs Chromite was announced.
Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on AGORACOM Small Cap TV this morning. It’s December 15th, 2011, and we’ve found 3 great press releases to report on at the open. Another great day for small-cap and micro-cap financial news. To watch the show live every morning at 9:30 AM, visit our front page.
Winland Ocean Shipping Corp. Announces US$ 2.5 Million Annual Contract
- Winland Ocean Shipping Corp. (OTCBB: WLOL), a global shipping Company, is pleased to announce an annual contract to transport 150,000 to 200,000 tons of dolomite for Sojitz Corporation ("Sojitz") from China to Japan.
According to the contract, the company will arrange several vessels to transport the contracted cargo from port cities along the Yangtze River to nominated ports in Japan in one year's time. The total value of the contract is about US $2.5 million.
The company signed this contract with a Hong Kong based trading company named CTB Xinhai Limited as shipper and Sojitz as consignee.
Description of Winland Ocean Shipping Corp.
Winland Ocean Shipping Corp. is a global shipping company with a fleet of Company-owned vessels, mainly in the handysize and supramax category, engaged in ocean transportation of dry bulk cargoes and chartering brokerage services worldwide.
Last Trade: 0.51 52 Week: 1.90 – 0.10 Market Cap: 99.45 Million