New York, NY -- (ReleaseWire) -- 10/19/2012 -- PacWest Equities Inc. (PINK:PWEI) is down sharply in mid-day trading today. At last check, PWEI was trading 3.14% lower at $0.382 on volume of 2.91 million, which is below the daily average volume of 6.61 million. The stock fell to an intra-day low of $0.25.
Earlier this week, PWEI announced that it completed the acquisition of PurGro Electronics LLC through its wholly-owned subsidiary World EcoSource Corp. PWEI acquired PurGro Electronics in a cash and stock deal. According to PWEI, the acquisition would propel World EcoSource to quickly become the leader of technology-based organic food production companies.
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Santo Mining Corp. (OTC:SANP) is amongst the major gainers on the OTC market in mid-day trading today. At last check, SANP was trading 8.16% higher at $0.968 on volume of 749,342, which is below the daily average volume of 1.27 million. The stock hit an intra-day high of $0.98. SANP has gained more than 27% in the last three trading sessions.
Dominica Republic-based SANP today announced the appointment of Elpidio Moronta to its team as a full Exploration Field Geologist. Moronta is an experienced geologist. He has previously worked at Pueblo Viejo and Cerro de Maimon. SANP President Al French said that SANP is very fortunate to have Elpidio join its exploration team.
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Titan Iron Ore Corp. (OTC:TFER) is amongst the biggest gainers on the OTC market in mid-day trading today. At last check, TFER was trading 37.23% higher at $0.645 on volume of 994,998, which is well above the daily average volume of 106,663. The stock hit an intra-day high of $0.69.
TFER today announced the signing of an agreement with an accredited investor to secure equity line financing. The company also received separate funding from convertible debentures.
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Save The World Air Inc. (OTC:ZERO) is down in mid-day trading today. At last check, ZERO was trading 6.96% lower at $1.47 on volume of 291,320, which is significantly below the daily average volume of 1.43 million. The stock fell to an intra-day low of $1.38 earlier today before paring some of the losses.
ZERO earlier this month announced that it began multiple proposals and feasibility studies in the marketplace and is currently working with several pipeline operators regarding engineering, design, points of installation and cost benefit analysis information. The company also said that it is discussions with companies around the world who have shown an interest in its AOT™ product.
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