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Gold/Mining/Energy : Namibian Minerals Corporation -- Ignore unavailable to you. Want to Upgrade?

To: PHILLIP FLOTOW who wrote (104)	2/24/2000 12:13:00 PM
From: Chuca Marsh	Respond to of 124

At least I serve some RELATED meat with my fat laden spam. So as to disguise it into SOME sort of relavalance. Spelling anfd decimals notwithstandingtheaforementioned. FuelCell PGM relavance does not apply, only a NICHE Market of a free market economies: ( of scale ) Date: Thu, 24 Feb 2000 08:18:08 -0800 Subject: Stockwatch US: AEAM To: @.net (Applies to: AEAM) American Electric Automobile Opens First Showroom SAN DIEGO, Feb 24, 2000 (BUSINESS WIRE) -- American Electric Automobile Company, Inc. publicly trading under the symbol (OTCBB:AEAM) announced today that its California subsidiary, California Electric Automobile Company, Inc. will be opening its first showroom on March 1. The showroom location will be at the corner of G street and 11th Street in downtown San Diego and will feature their highly acclaimed electric automobile. Models are economically priced in the $16,000 to $22,000 range. American Electric Automobile Company has developed a clear outline of the opportunities and strategies for capitalizing on the developing of zero emission and very low emission vehicles. The standard bodies with fully functioning air conditioning and heating and off-the-shelf electric motors are used in combination with a custom proprietary computerized electric drive controller. Gary G. DeGano, President and CEO of AEAM states, "The Clean Air Act Amendments of 1990, the National Energy Policy of 1992, and Executive Order 12844, which accelerate the alternative fuel purchases by the federal fleet, set the stage for an extensive development in alternative fuel and zero emission vehicles. California alone has mandated the provision that major automakers produce 10% of their vehicles as Zero-Emission Vehicles (Z-EV) by 2003. We look forward to helping to satisfy the growing popularity of electric vehicles." American Electric Automobile Company, Inc. recently announced that the auto the Company produced in China has been licensed for use on all roads in China. Presently, countries such as China have recognized the immediacy for Electric Vehicles by mandating the purchase of zero emission vehicles. China's new five year plan calls for one in every five (20%) vehicles produced in China to be an Electric Vehicle. Analyst Larry Oakley states: "I predict that electric cars will become very popular, especially as second cars for local travel & shopping. I like the projected operating & maintenance costs of these particular cars -- they are expected to total about 1.5 cents per mile. In our regular car, the gasoline cost alone is about 6.7 cents per mile." Safe Harbor Statements under the Private Securities Litigation Reform Act of 1995. This announcement contains "forward-looking statements. The words "anticipate," "look forward to," "believe," "will be," "estimate," "projected," "expected to," and other similar expressions as they relate to the Company & its management are intended to identify such forward looking statements. Although the Company & its management believe that the statements contained in this announcement are reasonable, it can give no assurances that such statements will prove correct. Factors that could affect the occurrence of events or results discussed herein include those mentioned in the Company's submissions to regulatory agencies. Distributed via COMTEX. Copyright (C) 2000 Business Wire. All rights reserved. -0- CONTACT: American Electric Automobile Company Investor & Media Relations, 949/455-7504 KEYWORD: CALIFORNIA INTERNATIONAL ASIA PACIFIC INDUSTRY KEYWORD: AUTOMOTIVE ENVIRONMENT MANUFACTURING RETAIL Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com also, LOOK AT A NEW LOOK to PR- Public Relations that I have some detailed knowledge of::: ( SW)(ESPN-THE-MAG/MARION-JONES-PHOTO) ADVISORY/Photo of Marion Jones on the cover of the March 6 issue is available on BW PhotoWire/AP PhotoExpress, NewsCom, PressLink and Business Wire's Web Site To download high-resolution, print-ready JPEG images, click on the thumbnail image above. WARNING: these images are very large (800K+) Click here for caption Photo/Business/Sports Editors ADVISORY... --(BW SportsWire)-- The photo is BW1 on AP PhotoExpress. The photo is on Business Wire?s Web Site at URL: businesswire.com Photo caption reads: NEW YORK, Feb. 23, 2000 ? THE YEAR OF OLYMPIC STAR-TO-BE MARION JONES STARTS TODAY IN ESPN THE MAGAZINE -- If Marion Jones wins five gold medals in track and field at the Sydney 2000 Olympics, everyone will recognize her as the world?s greatest athlete, and that?s just the way she plans it. ESPN The Magazine features Jones on the cover of the March 6 issue, on sale now. ESPN The Magazine is a provocative and innovative sports publication. Full of insight, analysis, impact and wit, the oversized biweekly looks ahead to give fans a unique perspective on the world of sports. CONTACT: ....//.." Ham - Center Cut not Spam ! from: canada-stockwatch.com Priavte Portifilio News

To: PHILLIP FLOTOW who wrote (104)	3/27/2000 10:10:00 AM
From: PHILLIP FLOTOW	Read Replies (1) \| Respond to of 124

Monday March 27, 8:09 am Eastern Time Company Press Release SOURCE: Namibian Minerals Corporation Namibian Minerals Corporation (Namco) Announces Update on Recently Acquired Ocean Diamond Mining Holdings Ltd (ODM) Operations LONDON, March 27 /PRNewswire/ -- Namibian Minerals Corporation (Namco) (Nasdaq: NMCOF - news; Toronto: NMR - news; Namibian: NMC) today announced continued progress in the integration and development of mining and exploration activities of recently acquired African ocean diamond producer Ocean Diamond Mining Holdings Ltd (ODM). In the acquisition, completed in October 1999, Namco secured an additional 20 000 sq.km. of ocean diamond concessions including Mining Licence 36 in Namibia (362 sq.km.), three vessels and US$10 m. in cash. ODM's fiscal 1999 production was 64 000 carats. As previously reported, Namco immediately initiated productivity improvements by increasing the supply of spares and dedicating all three vessels to mining. ODM's production for November and December 1999 was 17 200 carats, representing a 30% increase on the comparable months in 1998. Similar performance has continued in 2000. 95% of ODM's production is gem quality and size distribution continues to meet expectations. Namco's overall first quarter diamond prices have significantly improved from US$156 in the fourth quarter of 1999 to US$169 in the first two months of 2000. This increase is attributed to strong diamond demand and to the slightly larger average stone sizes recovered from ODM's mining licence. Namco's new vessel, the 2500 tons MV Zacharias, started geophysical surveys over parts of Mining Licence 36 earlier this month. Equipped with the latest advances in geophysical equipment, MV Zacharias has the capability to survey previously inaccessible sediments up to 12 m. thick. The two month programme will survey 3000 line km and, combined with exploration data, will provide detailed information on ocean floor topography for future mine planning and resource evaluation. A US$4 million upgrade is planned for MV Namibian Gem and MV Ivan Prinsep in the second and third quarter respectively. This includes the improvement of the two airlift mining systems onboard MV Namibian Gem, installation of security systems and complete engineering overhauls to both vessels. Refurbishment of existing mining equipment was completed on MV Oceandia in March. Group production rates are expected to improve as technical enhancements progress on the two ODM vessels, as Namco's 140 tons NamSSol mining system is deployed in Mining Licence 36 and when Nam II, the next generation mining system, enters production in the second half of the year. It is expected that quarterly production and revenue figures will therefore vary substantially over the year. This quarter, MV Kovambo, the support vessel for NamSSol, commenced operations in lower grade areas of Mining Licence 36. Mining has concentrated on the edges of the 2.42 sq.km. Halifax Basin, a sediment filled depression where more than 140 000 carats were previously recovered by ODM in less than 0.46 sq.km., using airlift technology limited to mining sediment depths to 3m. ``We acquired ODM for the potential of its concessions. Our confidence in these concessions is already fully justified and we intend to unlock further value through exploration later this year,' said Chairman and CEO Alastair Holberton. Namco currently holds 97.7% of ODM. An application to delist ODM from the Johannesburg Stock Exchange has been filed. The Company's 1999 Annual Report and Accounts will be posted to shareholders in early April. First quarter results will be announced in May. Namco is Africa's second largest ocean diamond producer. The Company develops breakthrough subsea technology to profitably mine gem diamonds from its concessions off the coast of Namibia. Earnings in 1999 were US$17.1 million, US$0.43 per share. For and on behalf of the Board of Directors of Namibian Minerals Corporation J.A.Holberton Chairman & Chief Executive Officer Neither The Nasdaq Stock Market, The Toronto Stock Exchange, nor the Namibian Stock Exchange has reviewed the information herein and do not accept responsibility for the adequacy or the accuracy of the above. SOURCE: Namibian Minerals Corporation PHIL