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Eloda Closes Debt Financing

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

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Golub Capital Provides Financing In Support Of B&B Acquisition

Golub Capital today announced that it has provided $13.3 million of subordinated debt and co-investment equity in support of Graham Partners' acquisition of B&B Electronics Manufacturing Company. Headquartered in Ottawa, IL, B&B is an engineering and manufacturing company, which produces devices to network machines in rigorous industrial and commercial environments.

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Quark Pharmaceuticals Closes $27 Million Financing

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.

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PATC Is Unable To Complete Approved Financings

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.

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China Shoe Announces Agreement On US$2M Financing

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.

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Trius Raises $30 Million In Series B Financing

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).

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Bank Of Asheville Receives BauerFinancial 5-Star Rating

Bank of Asheville, a subsidiary of Weststar Financial Services Corporation (OTC Bulletin Board: WFSC), is proud to announce that it has once again earned a 5-Star rating according to BauerFinancial, Inc., the nation's leading independent bank rating firm, announced G. Gordon Greenwood, President & CEO.

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Sale Of Popular's Consumer Finance Loan Portfolio Is Completed

Popular, Inc. announced today the completion of the previously announced sale by its Equity One subsidiary of a significant portion of its U.S. consumer-finance loan portfolio to American General Finance, Inc. for approximately $1.48 billion.

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Austral Pacific Completes Financing

Further to Austral Pacific Energy Ltd.'s news releases of December 19, 2007 and February 11, 2008 announcing a US$15million placement, the Company now confirms that it has received the final tranche of $3.9 million and completed the placement. The financing involves the sale of 12,500,000 common (ordinary) shares with attached warrants, sold as units at $1.20 per unit. Each unit consists of one common share and one share purchase warrant.

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Capital Gold Group Sponsors Tax-Strategies

Capital Gold Group sponsored the "Tax-Strategies for the High Net Worth Individuals" conference hosted by AICPA. The American Institute of Certified Public Accountants (AICPA) hosts the annual conference featuring a world renowned panel of experts and tax strategists. Wealth preservation and estate planning are the key topics of the tax-strategies conference.

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BNP Closes Equity Financing

BNP Resources Inc. is pleased to announce that it has successfully closed a previously announced private placement of Class A shares. Including the agent's option, a total of 3,333,334 Class A Shares were issued at a price of $1.35 per share, for total aggregate gross proceeds of $4,500,000.90. Acumen Capital Finance Partners Limited acted as the agent in respect of the Offering.

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Echo Therapeutics Closes $2.3 Million Private Financing

Echo Therapeutics, Inc. (OTC Bulletin Board: ECTE), a specialty pharmaceuticals and diagnostics company, announced today that it had completed an approximately $2.3 million private financing with Montaur Capital through Platinum Long Term Growth VII, LLC and certain other select institutional and strategic investors of senior unsecured convertible notes and warrants.

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