Eloda Corporation (TSX-V: ELA) is pleased to announce that it has closed the first $1,525,000 tranche of a debt financing.

As the U.S. economy slows, more and more Americans are cutting back on spending to in order to save money, according to a recent nationwide survey conducted by Harris Interactive for the American Institute of Certified Public Accountants.

No one would accept their child's report card if it came back with half the grades missing ... so why have so many people been accepting incomplete grade reports for their mutual funds?

Quark Pharmaceuticals, Inc., a development-stage pharmaceutical company focused on discovering and developing novel RNA interference-based therapeutics, today announced the closing of a private financing totaling an aggregate of $27 million.

By Darryl Kelley

Drilling is now underway at Tarsis Capital’s (TSX.V:TCC) Wolf project (previously named Tim), a 6,000 hectare lead, zinc and silver project located 72 kilometres west of Watson Lake in the Yukon Territory, and 12 kilometres northeast of the Silvertip Deposit (previously named Midway).

The Dow and Nasdaq were moderately lower at midsession after economic reports suggested the U.S. is closer to a recession. A rise in commodity prices is lifting shares of mining and energy companies.

By Eric Pratt

Goldcliff Resources (TSX.V:GCN) assayed a trenching sample from its 100% owned Panorama Ridge project that returned a value of over 15 ounces per tonne of gold. The bonanza grade sample was assayed twice to confirm the result, which has validated the company’s theory that there would be high grade zones encountered throughout broadly disseminated lower grade host rock.

NY Advices Financial Experts on Going Back to School, Gaining Technical Expertise, and Applying Transferable Job Skills.

Precision Assessment Technology Corporation has to date been unable and is having difficulty completing the financings referred to in the press release dated February 1, 2008.

China Shoe Holdings (OTC Bulletin Board: CHSH) today announced that it has entered into an equity line of credit agreement with Magellan Global Fund, LP (Magellan) that provides China Shoe with the option to draw down up to $2 million of equity funding by Magellan at any time over a two year period commencing with the effectiveness of a registration statement to be filed by the company.

Trius Therapeutics, Inc. announced the close of a $30 million Series B financing to advance the clinical development of its best-in-class oxazolidinone antibacterial drug TR-701, now completing Phase I testing. The financing was led by Kleiner, Perkins, Caufield and Byers (KPCB).

Helio Resource Corp.’s (TSX.V:HRC) project generator model is starting to yield results, both in terms of attracting other juniors as joint venture partners, and on its own flagship SMP property in Tanzania.