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    News and Articles on Undivided Interest

    Archives: Undivided Interest

    First results from current drilling program extend gold & base metal mineralization at the Corak property  Sep 3, 2008
    About Mediterranean Resources Mediterranean acquired an undivided interest in the Tac and Corak properties from a major mining company in 2006. Over $13 million in cumulative expenditures have been made to date, resulting in over 2 million ounces (gold equivalent) combined resource estimates. (Canada Newswire)

    Quest Acquires Uranium Property in the LG4 Area, James Bay Region, Quebec  Aug 22, 2008
    Under the terms of the agreement, Quest has an option to acquire a 100% undivided interest in the 14 claims, subject to the following conditions. - Cash payments by Quest of $80,000, $40,000 on signing and $40,000 in one year. (CCNMatthews Press Releases)

    Grizzly Diamonds Ltd. and Fractal Mining Corporation Sign Option on French Property, British Columbia  Aug 13, 2008
    Under the terms of the LOI, Fractal, a private arms-length company, has been granted an option (the "Option") to acquire up to a 70% undivided interest in the French property by making a cash payment to Grizzly of $5,000 on signing and issuing to Grizzly 50,000 common shares of Fractal ("Fractal Shares"). To earn-in to an undivided 70% interest in the property, Fractal must issue to Grizzly an additional 150,000 Fractal Shares and incur a minimum of $500,000 in exploration expenditures prior to... (CCNMatthews Press Releases)

    ESO Uranium and Logan Resources Ltd. Sign Agreement for Cluff Lake Area Property, in the West Athabasca Basin, Saskatchewan  Aug 11, 2008
    Under the agreement Logan will transfer a further 30% interest in the claims to ESO which shall result in ESO having an 80% undivided interest in the property. ESO shall produce a bankable feasibility study with Logan having a carried interest until the feasibility study is delivered at which time Logan will have the choice to take on a 20% participating interest in a new company to operate the production facility or take on a 2% gross over-riding royalty for all uranium mineral products and a... (CCNMatthews Press Releases)

    Troymet Exploration Provides Operational Update  Aug 1, 2008
    Troymet completed a very successful 2008 winter diamond drilling program on the McClarty Lake project, Snow Lake, Manitoba and earned a 60% interest in two claims from Hudson Bay Exploration and Development Limited (HBED), a 100% owned subsidiary of HudBay Minerals Inc. Under the terms of the Option Agreement, HBED has elected to earn back a twenty (20%) percent undivided interest in the two claims from Troymet by spending $750,000 on exploration over the next three years (Reference: June 12,... (CCNMatthews Press Releases)

    Epsilon Energy Ltd. Restates Certain Sedar Filings  Jul 23, 2008
    14% paying interest and a 50% undivided interest in the Block 41 Production Sharing Agreement, which covers approximately 5,600 sq. km.. - Ethiopia: Epsilon has signed a study agreement covering 154,871. (CCNMatthews Press Releases)

    Goldeye Exercises Option to Acquire Balance of Sonia-Puma Property in Chile  Jul 21, 2008
    5% NSR. A 50% undivided interest in the Sonia-Puma property vested in Goldeye by Goldeye's making certain cash and share payments and incurring certain exploration expenditures. Goldeye has met all requirements under the option agreement and can earn a 100% interest by making a further payment of $250,000 in either cash or the equivalent sum in common shares of Goldeye based on the average closing trading price on the ten trading days prior to the date of delivery of the shares. (CCNMatthews Press Releases)

    TSX Venture Exchange Daily Bulletins for July 16, 2008  Jul 17, 2008
    TSX-X -------------------------------------------------------------------------- NORTEC VENTURES CORP. ("NVT") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: July 16, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing a memorandum of understanding dated July 26, 2007 between Nortec Ventures Corp. (the 'Company') and Akkerman Exploration B.V., whereby the Company has the exclusive right until July 31, 2008 to enter into an option agreement... (CCNMatthews Press Releases)

    Eloro Completes Acquisition of Strategic Hydrocarbon (Gas) Land Package in Quebec  Jul 16, 2008
    Pursuant to the terms of the Acquisition the Company acquired a 100% undivided interest in the Property by making cash payments totalling C$50,000 to three Vendors, committing to complete C$ 500,000 in exploration expenditures over a two year period, and issuing an aggregate total of 1. 5 million shares of Eloro to the Vendors, subject to a four month hold period expiring November 16, 2008. (CCNMatthews Press Releases)

    Diamondex Grants Canada Nickel Corp. Option to Earn 51% Interest in Its James Bay Lowlands Properties for $5,000,000 Cash Payment and $20,000,000 Work Expenditures  Jul 8, 2008
    Following Canada Nickel's exercise of the Option to earn a 51% undivided interest, Diamondex and Canada Nickel will form a participating Joint Venture for further exploration and development of the Property. Diamondex will be the Operator for the Project during the earn-in period. (CCNMatthews Press Releases)

    Landfill suit tribunal sets valuations  Jul 3, 2008
    However, some of the parcels contain an undivided interest, and a formal request for payment will have to be filed with the court. There are also questions of adverse possession of surface ownership, and some of those involved in the settlement will be required to prove their ownership to the satisfaction of the court. (Navasota Examiner, TX)

    Landfill hearings begin on Monday  Jun 26, 2008
    22375 acres of undivided interest in a 64. 48 tract of land. (Navasota Examiner, TX)

    Ansell Capital Corp. Proposed Qualifying Transaction  Jun 20, 2008
    WEST VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 20, 2008) - Ansell Capital Corp. ("Ansell") (TSX VENTURE: - ) is pleased to announce that it has signed a letter of intent dated May 7, 2008 with Fury Explorations Ltd. ("Fury") and its wholly owned Mexican subsidiary Fury Explorations Mexico, S. de R.L de C.V. pursuant to which Ansell can acquire in an arms length transaction a 70% undivided interest in and to five (5) mineral exploration concessions located in Jalisco State, Mexico 200 km... (CCNMatthews Press Releases)

    Industrial Minerals Inc. - Corporate Update  Jun 14, 2008
    About Industrial Minerals, Inc. ------------------------------- Industrial Minerals Inc. through its wholly owned subsidiary Industrial Minerals Canada Inc., headquartered in Oakville, Ontario, Canada, owns 100% of the undivided interest in the Bissett Creek Graphite patented mineral lease, containing a resource of approximately 725,000 tonnes (327,700 tonnes indicated 00 tonnes inferred) of flake graphite based on approximately 7. 0% of the patented mineral leases that have been drilled to... (PR Newswire)

    Pinnacle completes acquisition of gold assets  Jun 12, 2008
    4% undivided interest in the Kansas Claim is owned by Mountain Boy Minerals Ltd. Based on a NI 43-101 compliant Technical Report on the Silver Coin Property (which encompasses the Kansas Claim) prepared by Minefill Services, Inc. of Seattle, WA in April 2007, upon completion of the purchase, Pinnacle will have control over 70. 6% of 364,307 ounces of gold resources in the measured and indicated category (7,597,054 tonnes grading 1. (Canada Newswire)

    Nebu Resources Inc. Announces Joint Venture Option Agreement With Quest Uranium Corporation  Jun 12, 2008
    TORONTO, ONTARIO--(Marketwire - June 12, 2008) - Nebu Resources Inc. (the "Corporation" or "Nebu") is pleased to announce that it has signed a joint venture option agreement with Quest Uranium Corporation ("Quest") whereby Nebu can earn a 50% undivided interest in the Stewart Lake and Nanuk properties which comprises 3,923 claims (162,987 hectares) owned by Quest in the George River area of Quebec. In order to earn its interest, Nebu must incur exploration expenses on these claims totaling $3... (CCNMatthews Press Releases)

    Tenajon Closes Gold Asset Sale to Kansas Partner  Jun 12, 2008
    4% undivided interest in the Kansas Claim is owned by Mountain Boy Minerals Ltd.. ADVERTISEMENT. (CCNMatthews Press Releases)

    Property owner contesting suit for landfill  Jun 12, 2008
    22375 acres of undivided interest in a 64. 48 tract of land in Carlos, told The Examiner his land is not for sale. (Navasota Examiner, TX)

    Hallwood Energy, L.P. Announces Transaction  Jun 11, 2008
    DALLAS, June 10 /PRNewswire-FirstCall/ -- Hallwood Energy, L.P. today announced that it has entered into an agreement for the sale and farmout to a subsidiary of Talisman Energy, Inc. of an undivided interest in up to 33. 33% of Hallwood Energy's interest in substantially all its assets for a series of payments of up to $125 million, and has entered into an agreement to provide consulting services to the purchaser for one year. (PR Newswire)

    Mazorro and Oro Gold Commence 5,000m Drill Program at Cimarron, Mexico  Jun 10, 2008
    Mazorro has the option to acquire from Oro Gold a 60% undivided interest in the Cimarron property by spending US$2. 65 million in exploration expenditures by June 30, 2011 and by issuing 1 million common shares in stages by June 30, 2010. (CCNMatthews Press Releases)

    Shuffle Master, Inc. Reports Second Quarter 2008 Results  Jun 10, 2008
    01, net of tax, recognized on the sale of the Companys undivided interest in a NetJets Inc. corporate aircraft. Second Quarter 2008 Operating Highlights. (Yahoo! Wire -- Entertainment News)

    Urbanfund Corp. Reports Financial Results for the Quarter Ended March 31, 2008  May 31, 2008
    Both rental income and expenses increased as a result of the completion of the previously announced acquisition of a 68,866 square foot one-storey commercial shopping centre located at 305 North Front Street, Belleville, Ontario (the "Belleville Property") and a 16,000 square foot one-story commercial shopping centre located 476-480 Wonderland Road South, London, Ontario (the "London Property") and the fact that the Company's Richmond Property (a 10% undivided interest in a 556 residential unit... (CCNMatthews Press Releases)

    Mediterranean commences 2008 drilling campaign in Turkey  May 8, 2008
    1 million of exploration by the Company in 2006 which led to the Company acquiring them with an undivided interest and US$5. 2 million of exploration in 2007. (Canada Newswire)

    Joint Ownership: Proceed with Equal Parts of Creativity and Caution  Apr 8, 2008
    Undivided interest: Everyone owns everything even if the house is divided into separate units by agreement. Limitation of relationship: Personal estates of joint owners do not merge. (RealtyTimes)

    Resolve Business Outsourcing Income Fund Reports Strong Financial Results  Feb 23, 2008
    Unitholders own an equal undivided interest in the Fund. The units do not and will not represent a direct investment in the Business. (CCNMatthews Press Releases)

    One estate divided by 20 = confusion  Feb 12, 2008
    Twenty people getting ready to each receive an undivided interest in a house and some farmland is a potential recipe for disaster ... For these and many other reasons, leaving land to beneficiaries in undivided interests may well lead to partition, a legal proceeding by which multi-owner property is sold at judicial sale. (Pittsburgh Post-Gazette, PA)

    Matoush: Confirmation of a Large Mineralized Zone 200 Metres Below The AM-15 Lens 2.86% eU3O8 Over 5.8 Metres  Feb 6, 2008
    Also in the Otish Mountains, Strateco will decide in the next two weeks whether it will exercise its right to acquire a 60% undivided interest in Majescor's 100% uranium interest in the Mistassini property, located 50 km southeast of the Matoush project's AM-15 lens. The letter of intent dated November 26, 2007 provides for Strateco to acquire a 60% interest by spending $1. (CCNMatthews Press Releases)

    Mexivada options Jefferson Gold/Silver project to StoneShield Capital  Feb 2, 2008
    TSX-V: MNV OTC: MXVDF Frankfurt: M2Q VANCOUVER, Feb. 1 /PRNewswire-FirstCall/ - Mexivada Mining Corp. is pleased to announce that it has entered into a letter of intent with StoneShield Capital Corp. (TSX-V: STS.P) pursuant to which StoneShield has been granted an Option to earn up to a 70% undivided interest in the Jefferson Gold/Silver property, located 50 miles north-northwest of Tonopah, Nevada and three miles east of Round Mountain, Nevada. The Property comprises a contiguous block of 85... (PR Newswire)

    Sunoco Logistics Partners L.P. Reports Record Results for 2007 and Declares Fourth Quarter Distribution  Jan 24, 2008
    (3) Includes results from the Partnership's purchase of a 50% undivided interest in a refined products terminal in Syracuse, New York in June 2007. (4) Consists of the Partnership's Fort Mifflin Terminal Complex, the Marcus Hook Tank Farm and the Eagle Point Dock. (PR Newswire)

    LVFH Enters Into Licensing Arrangement for Asian Multi-Player Software Platform with CY Foundation Group; LVFH Also Proposes Qualifying Transaction with Touchdown Capital Inc. ("TD")  Jan 9, 2008
    (b) LVFH will sell to TD an undivided interest in the Asian Multi-player Software Platform and the Software Licensing Agreement between itself and CYF Group for a consideration of 40,000,000 post-split common shares of TD and LVFH will not sell or dividend out 20,000,000 of such shares prior to the date which is six months following the completion of the Qualifying Transaction and LVFH will not sell or dividend out the remaining 20,000,000 of such shares prior to the date which is two years... (CCNMatthews Press Releases)

    Buy or sell, real estate lingo worth learning  Dec 29, 2007
    Tenancy in common: This gives unmarried individuals an undivided interest in a property; however if one party dies, ownership of that portion goes to the heirs and not necessarily the other owners. MLS, or Multiple Listing Service: A group of real estate brokers who pool information about properties for sale or lease into one database. (Anchorage Daily News)

    Aberdeen Announces Net Asset Value of $0.94 Per Share and Third Quarter Financial Results  Dec 13, 2007
    Aberdeen is also the sole recorded and beneficial owner of a 100% undivided interest in exploration licences in Ethiopia covering an aggregate of 2,674 km2 in the Northern Regional State of Tigray and 1,766 km2 in the Western regional State of Asosa. Subsequent to the close of the quarter, Aberdeen agreed to vend these highly prospective exploration licences to Avion Resources Corp (TSX: - ) as previously reported. (CCNMatthews Press Releases)

    Avion Resources Purchases Ethiopian Exploration Assets from Aberdeen International  Nov 28, 2007
    Avion has purchased the rights to a 100% undivided interest in exploration licenses in Ethiopia. The area covers approximately 2,674 km2 in the Northern Regional State of Tigray and 1,766 km2 in the Western regional State of Asosa. (CCNMatthews Press Releases)

    Industrial Minerals Inc. announces engagement of agent for up to US $5.0 million private placement  Nov 22, 2007
    About Industrial Minerals Inc. ------------------------------ Industrial Minerals Inc. through its wholly owned subsidiary Industrial Minerals Canada Inc., headquartered in Oakville, Ontario, Canada, owns 100% of the undivided interest in the Bissett Creek Graphite patented mineral lease, containing a resource of 327,700 tonnes indicated plus 397,900 tonnes inferred of flake graphite based on approximately 10% of the patented mineral leases that have been drilled to date. The property is... (PR Newswire)

    Magnum Commences Phase II Drilling at San Raphael  Oct 25, 2007
    Magnum is in the process of earning an 80% undivided interest in this property from its joint venture partner, Energy Metals Corporation (recently acquired by Uranium One Inc.). The planned Phase II drilling comprises fourteen (14) rotary holes totaling 11,600 feet, with cored intervals through projected ore horizons. (CCNMatthews Press Releases)

    Tribune Uranium Finalizes Option Agreement With W.S. Ferreira Ltd. for Green and Quartz Claims, Located in the Reed Lake Mining District of Manitoba  Oct 24, 2007
    Under each option agreement Tribune may earn a 100-per-cent undivided interest in each property by paying the holder a total of $170,000 cash over four years and issuing an aggregate of 500,000 common shares over the same period. Tribune's interest in the property will be subject to a 2% net smelter royalty. (CCNMatthews Press Releases)

    Done deals: The Valley's priciest home sales  Oct 24, 2007
    Steven K. Brimhall, with 80 percent undivided interest, and Michael Renner, with 20 percent undivided interest, purchased a 3,657square-foot home with pool originally built in 1997 east of the Ancala Country Club in Scottsdale. The home was sold by Mark and Lia Georgiadis Chong. (AZCentral -- Home)

    Newswatch, Police/Fire  Sep 27, 2007
    Keokea-Waiohuli includes 66 farm lots and 320 undivided interest leases. Police, Fire, Courts Star-Bulletin staff. (Honolulu Star-Bulletin)

    Evolving Gold Corp Signs Letter Agreement to Acquire Rattlesnake Hills Property in Wyoming  Aug 7, 2007
    NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, Aug. 7 /CNW/ - Evolving Gold Corp. (TSX-V: EVG) (OTCBB: EVOGF) ("Evolving") is pleased to announce that it has entered into a letter of intent with Golden Predator Mines Inc. and Golden Predator Mines (US) Inc. (collective, "Golden Predator") for the acquisition of Golden Predator's mining options on a 100% undivided interest in the Rattlesnake Hills Property, located in Natrona County, Wyoming... (Canada Newswire)

    Midland Exploration Inc. Acquires 50% Interest in Vermillon Property  Jul 25, 2007
    MONTREAL, QUEBEC--(CCNMatthews - July 25, 2007) - Midland Exploration Inc. ("Midland")(TSX VENTURE: - ) is pleased to report it has fulfilled its commitments to Soquem and thus acquired 50% undivided interest in the Vermillon property, located some 90 km southwest of the town of La Tuque, Quebec. The property consists of 259 contiguous claims covering a total surface area of 151 km2. (CCNMatthews Press Releases)

    West Timmins Acquires One of Mexico's Highest Grade Historic Gold Producers: Historically Reported Production Grades of 95 g/t Gold (2.8 oz/ton) and 850 g/t Silver (24.8 oz/ton)  Jul 18, 2007
    West Timmins Mining can acquire a 100% undivided interest in the Lluvia de Oro project by making cash payments totalling 6,050,000 Mexican Pesos (CDN $585,783) in five equal instalments over 30 months. The right to purchase the project was initially acquired at auction from the Government of Mexico by consulting group Minera Cascabel S.A de C.V. and vended to West Timmins under the terms of a first right of refusal agreement between WTM and Minera Cascabel. (CCNMatthews Press Releases)

    Western Oil Sands Announces New $805 Million Revolving Credit Facility  Jun 25, 2007
    QUICK SEARCH BY ORGANIZATION. FREE SUBSCRIPTION SERVICES. (Canada Newswire)

    Terraco Increases Ownership in Moonlight Property to 100%  Jun 21, 2007
    The Moonlight Property was subject to an Exploration and Option Agreement amongst Metallic, the Company and its wholly owned subsidiary TGC Holdings Ltd., a Nevada corporation, details of which were announced February 6, 2006 and March 21, 2006, which enabled the Company to earn an undivided interest of up to 70% in the project. The Company has also assumed a Reservation of Royalty with Cordilleran Exploration Company, LLC, previously held by Metallic. (CCNMatthews Press Releases)

    Urbanfund Corp. Provides Default Status Report  Jun 19, 2007
    The increase in net assets was due to the addition of the Company's 5% undivided interest in Laval and the on-going work at the Richmond Street re-development project. ---------------------------------------------------------------------- Year ended Year ended Year ended December 31, December 31, December 31, 2006 2005 2004 ---------------------------------------------------------------------- Revenue $1,356,983 $1,321,050 $1,274,732... (CCNMatthews Press Releases)

    Bearclaw Reports Drill Results  Jun 15, 2007
    Weststar has now fulfilled the terms of the July 19, 2005 agreement with Bearclaw by expending a total of $500,000 on exploration on the Axe property and by making certain required cash and share payments, and has thereby earned a 66% undivided interest in the Axe property. Under the 2005 agreement, Bearclaw and Weststar are now obligated to negotiate the terms of a joint venture agreement. (CCNMatthews Press Releases)

    Northfield Amends Option Agreement on Derinkoy Property  Jun 2, 2007
    Northfield has the right and option to earn a 51% undivided interest in the Derinkoy by satisfying the requirements up to and including December 31, 2009 (i. e. $2,000,000 in expenditures), and issuing 1,500,000 Shares to Aldridge. (CCNMatthews Press Releases)

    Be wary when purchasing a condo  May 17, 2007
    By John AdamsContributor Published on: 05/13/07. A friend recently called to let me know she was buying a resale condominium in North Atlanta, and wanted to know if I could give her ideas on pitfalls specific to condominiums. (Atlanta Journal-Constitution)

    Midland Exploration Inc. Reports New Good Drilling Results on its Maritime Cadillac Gold Property  Apr 24, 2007
    Agnico-Eagle will have the option to increase its undivided interest in the Property from 50% to 65% over a period of 3 years, by solely financing a bankable feasibility study on the Maritime Cadillac Property or by solely assuming all mining operations on the Maritime Cadillac Property, earning 1% additional interest for every $1,000,000 spent on the property (up to 15% by spending $15 million). Agnico-Eagle is the operator of the project. (CCNMatthews Press Releases)

    Woodbury Planners Subdivision Hearing Opened  Apr 11, 2007
    He proposed that based on the small size of the subdivision, it could be placed in the deeds that the open space would be held as an undivided interest by the lot owners. "In the deed, we can also set forth the interest of all four owners to come to an agreement with the land trust in the future," he said. (Voices, CT)

    Premier Diamond Corp. Agrees to Acquire Mexican Silver Mines (Guernsey) Limited and Increase Amount to be Raised under Private Placement  Mar 27, 2007
    Materias Primas owns 100% undivided interest in approximately 322,000 acres (130,400 hectares) of mineral properties (the "Property") located in the Mexican state of Nuevo Leon, approximately 160 kilometers north of the city of Monterrey. The Property is situated at the northeast extremity of the Sierra Madre Oriental. (CCNMatthews Press Releases)

    Falcon Ventures Incorporated: Corporate Update  Mar 22, 2007
    Pursuant to a mineral property option agreement dated January 20, 2005, the Company was granted an option to acquire a 100% undivided interest in 42 claims located in the Sudbury area of Ontario ... Pursuant to a mineral property option agreement dated May 4, 2005, the Company was granted an option to acquire a 100% undivided interest in 2 claims located in the Timmins area of Ontario ... On January 14, 2005, the Company entered into an option agreement with Exploration Innovateurs (the... (CCNMatthews Press Releases)

    Pemberton signs two binding land lease agreements  Feb 27, 2007
    CALGARY, Feb. 27 /CNW/ - (TSX.V:PBT, FSE:P5W) Pemberton Energy Ltd ("Pemberton") is pleased to announce that further to the news release of January 25, 2007 it has now signed two binding Petroleum and Natural Gas Land Lease Agreements on the lease of subsurface mineral rights in the Montney Zone, a depth of 1095 to 1313 meters, totaling 100% undivided interest on a 160 acre parcel in the Gage area of Peace River Arch holdings. This quarter section has been added to the Company's upcoming 3D... (Canada Newswire)

    Aurcana Receives Approval on Option to Acquire Rosario Property, Mexico and Approval for Issuance of Shares to Penoles for US$1,000,000 Payment  Feb 23, 2007
    Aurcana may, subsequent to its technical and legal review of the Rosario Property agree to execute, within a term of six (6) months following the date of signing the Option Agreement, exercise the Option to Purchase and execute a Sale and Purchase Agreement to acquire the 100% undivided interest in the Rosario Property. In the event Aurcana Mexico executes the Sale and Purchase Agreement, consideration for the purchase of the Rosario Property is US$3,000,000. (CCNMatthews Press Releases)

    Western Oil Sands Announces 2006 Year End Results  Feb 22, 2007
    Our primary asset is our 20 per cent undivided interest in the Athabasca Oil Sands Project. Western is also pursuing initiatives related to in-situ and technology development as well as downstream opportunities. (Canada Newswire)

    PetroHunter Energy Corporation Announces Revisions to Agreement With MAB Resources LLC  Feb 9, 2007
    A summary of the terms of the Agreement as most recently amended is as follows: * PetroHunter's working interest in all its oil and gas properties is doubled (from 50% undivided interest in the properties to 100%); * PetroHunter's prior obligation to carry MAB for its 50% portion of the first $700 million in capital costs is eliminated; * In consideration for MAB Resources' assignment of its 50% working interest and relinquishment of the carried interest, it will receive 50 million shares of... (PR Newswire)

    Pemberton Energy Ltd. - Company Update  Jan 25, 2007
    CALGARY, Jan. 25 /PRNewswire-FirstCall/ - (TSX.V: PBT, FSE: P5W) Pemberton Energy Ltd ("Pemberton") is pleased to announce that it has entered into 2 letters of intent for the negotiation on the lease of subsurface mineral rights in the Montney Zone, a depth of 1095 to 1313 meters, totaling 100% undivided interest on a 160 acre parcel in the Peace River Arch area ... In the Gage area Pemberton currently holds 720 acres with 100% undivided interest and 507 acres with 50% undivided interest, with... (PR Newswire)

    PetroHunter Energy Corporation Announces Restructuring of Its Agreement With MAB Resources LLC and Announces Mezzanine Development Financing  Jan 12, 2007
    Summary of Changes * PetroHunter's working interest in all its oil and gas properties is doubled (from 50% undivided interest in the properties to 100%); * PetroHunter's prior obligation to carry MAB for its 50% portion of the first $700 million in capital costs is eliminated; * PetroHunter's aggregate monthly payments for consulting services related to the existing properties are reduced to $250,000 from $600,000; * MAB's 3% overriding royalty is increased to 10%, half of which accrues but is... (PR Newswire)

    Southeast Supply Header LLC (SESH) and Southern Natural Gas Sign Agreement to Meet Needs of Growing Southeast Market  Dec 8, 2006
    Under the agreement, SNG will acquire an undivided interest in the portion of the pipeline that will run from Perryville to an interconnection with SNG in Mississippi. The pipe diameter for the jointly owned section will increase from 36 inches to 42 inches, increasing the initial planned capacity of 1 billion cubic feet per day (Bcf/d) by 140 million cubic feet per day. (PR Newswire)

    Blue Dolphin Energy Company Subsidiary Enters Into New Pipeline Transportation Agreements  Nov 28, 2006
    Blue Dolphin Pipe Line Company owns an 83% undivided interest in the Galveston Area Block 350 Pipeline. Blue Dolphin Energy Company is engaged in the gathering and transportation of natural gas and condensate and production of oil and gas. (PR Newswire)

    Las Vegas From Home.Com Entertainment Inc. Closes the Sale of its Operating Unit, Action Poker Gaming Inc.  Nov 28, 2006
    The sale included, among other things, all of the Action Poker brands, the operating infrastructure in Action Poker Gaming Inc., APG Costa Rica S.A. and Action Commerce Limited and an undivided interest in the software used by the Company to run its Action Poker Network. As a result of the sale, the Company will no longer have any online gaming interests in the North American market nor will it until the legislative landscape changes. (CCNMatthews Press Releases)

    Blue Note signs Option Agreement on William's Brook Property  Nov 24, 2006
    Under the agreement Blue Note Mining may acquire 100% undivided interest in and to the property by making payments of up to $235,000 over a 5-year period from the effective date. There are no minimum work requirements under the terms of this agreement. (Canada Newswire)

    Western Oil Sands Announces 2007 Capital Budget and Production Guidance  Nov 23, 2006
    Our primary asset is our 20 per cent undivided interest in the Athabasca Oil Sands Project, one of the largest crude oil reservoirs in the world. Western is also pursuing initiatives related to in-situ and technology development as well as downstream opportunities. (Canada Newswire)

    Western Oil Sands Reports 2006 Third Quarter Results  Oct 26, 2006
    Our primary asset is our 20 per cent undivided interest in the Athabasca Oil Sands Project, one of the largest crude oil reservoirs in the world. In May 2006, Western signed an Exploration Production Sharing Agreement (EPSA) to explore for conventional oil and gas in the Federal Region of Kurdistan in Northern Iraq. (Canada Newswire)

    Sunoco Logistics Partners L.P. Reports Third Quarter 2006 Results and Declares Increased Third Quarter Distribution  Oct 24, 2006
    0 percent undivided interest in the Mesa Pipe Line System acquired in December 2005, and the Millennium and Kilgore pipelines acquired in March 2006. The Amdel pipeline, acquired in March 2006, is currently being filled and is expected to begin making deliveries during the fourth quarter 2006. (PR Newswire)

    Hawaiian Home Lands awards 350 leases  Oct 24, 2006
    Leases in the subdivision were awarded as an Undivided Interest Award, meaning the beneficiaries will be able to accept a lease award now, but have two to three years to qualify for a home loan. It will be one to three years before houses are built, so beneficiaries will have time to prepare financially for a mortgage, according to the department. (Honolulu Advertiser)

    Elba Seeks Expansion  Oct 14, 2006
    In the same filing Elba Express asked the commission to approve its acquire an undivided interest in Southern Natural Gas' "Twin 30s" pipelines that run from the terminal to Southern's pipeline system in Port Wentworth, Georgia, and to build and operate 189 miles of a 42- and 36-inch pipeline system from Port Wentworth to interconnections with Transcontinental Gas Pipe Line in Georgia and South Carolina ... Southern asked FERC to approve the transfer of the Twin 30s lines to Elba Express and to... (Ocnus.net)

    Diamondex Updates Lena West  Oct 12, 2006
    Diamondex has a right to earn a 60% undivided interest in the property from Adamas Minerals Inc.. Warman Project, Saskatchewan. (CCNMatthews Press Releases)

    Innovative Vacation Home Pre-opening Sales Event  Sep 13, 2006
    Each owner actually owns their individual hotel studio or suite plus an undivided interest in the entire suite hotel project's public areas as well as the valuable Northeast Central Phoenix resort-area land for vacation use and long-term real estate value. Yet the condo hotel suite may also be exchanged just like timeshares but with more options. (Yahoo! Wire -- Entertainment News)

    Hawaiians preview state's Kapolei project  Sep 12, 2006
    Each lot, estimated at 5,000 square feet, will be leased as an undivided interest award, which means no pre-qualification is required, Yonenaka said. "It puts a lease in their hands now and gives them time to qualify for a mortgage," he said. (Honolulu Star-Bulletin)

    More of this story  Aug 24, 2006
    In April, Lingle assisted in awarding 160 new leases in this residential project as part of DHHL s Undivided Interest Awards program. Lingle will then head to Salt Pond where she will join Mayor Bryan Baptiste in groundbreaking ceremonies for a new adolescent residential treatment facility at the former Hanapepe Humane Society site. (Lihue Garden Island, HA)

    Canadians Should Ask, "Is My Will Safe?"  Aug 22, 2006
    Vancouver-based Clark Wilson LLP provided a recent BC Supreme Court case, Andersson v. Khan, in their newsletter Your Estate Matters, to illustrate how the demonstrated intent to destroy may override a copy of a will: "... Dr. Khan, made a will in 1982 under which one of his sons was a beneficiary. Subsequent to making the will, Dr. Khan and his wife transferred title to their home into joint tenancy with the son. [Under joint tenancy, ownership automatically transfers to surviving owners.] A... (RealtyTimes)

    Sunoco Logistics Partners L.P. Reports Second Quarter 2006 Results, Announces Acquisition of 55.3 Percent Interest In Mid-Valley Pipeline, And Declares Increased Second Quarter Distribution  Jul 28, 2006
    0 percent undivided interest in the Mesa Pipe Line System acquired in December 2005, and the Millennium and Kilgore pipelines acquired in March 2006 ... 0 percent undivided interest in the Mesa Pipe Line System. (PR Newswire)

    Pemberton signs four binding land lease agreements in the Peace River Arch Area and begins Joint Venture negotiations  Jun 22, 2006
    CALGARY, June 22 /CNW/ - (TSX.V:PBT, FSE :P5W) Pemberton Energy Ltd. is pleased to announce that further to the June 1, 2006 news release, the Company has now signed four binding Petroleum and Natural Gas Lease and Grant Agreements to lease the subsurface mineral rights from basement to surface on a 50% undivided interest of a 507 acre parcel. Pemberton Energy Ltd. will retain 75% beneficial interest of the 50% undivided interest over a term of 2 years ... Pemberton Energy Ltd. is in... (Canada Newswire)

    Banking on a land boom  Jun 17, 2006
    The registry documents show that about half of those properties have been syndicated for resale as "undivided interests" to Asian investors who are paying $10,000 for about one-third of an acre or almost three times the price Walton originally paid ... But under the Asian investment plan, company officials say investors purchase "undivided interests," which give each buyer legal title to a portion of the land but no identifiable piece ... Undivided interests are available only through the... (Toronto Star -- GTA)

    Astral Options Nevada Properties from Amera  Jun 12, 2006
    Under the terms of this Letter of Intent, Astral may earn up to an 80% undivided interest in the Roy and Hills Properties. An initial 65% interest in the project may be earned by incurring US$2,500,000 in work expenditures over four years and issuing 500,000 common shares to Amera. (CCNMatthews Press Releases)

    Strategic land acquisitions in the Peace River Arch Area  Jun 1, 2006
    First letter of intent is to lease the subsurface mineral rights from basement to surface on a 50% undivided interest of a 507 acres parcel. Pemberton Energy Ltd. will retain 75% beneficial interest of the 50% undivided interest over a term of 3 years. (Canada Newswire)

    TSX Venture Exchange Daily Bulletins for May 19, 2006  May 20, 2006
    whereby the Company can gain a 51% undivided interest in a block of claims located in Malartic Township, Northwestern Quebec ... As a result of this Graduation, there will be no further trading under the symbol "CCJ" and "CCJ.WT on TSX Venture Exchange after May 19, 2006, and its shares and share purchase warrants will be delisted from TSX Venture Exchange at the commencement of trading on Toronto Stock Exchange.TSX-X --------------------------------------------------------------------COAST... (CCNMatthews Press Releases)

    TerraVest Income Fund Releases 2006 Q1 Financial Results  May 15, 2006
    Each Unit is transferable and represents an equal undivided interest in any distributions of the Fund and in the net assets of the Fund. All Units have equal rights and privileges. (CCNMatthews Press Releases)

    Micrex Development Corp.: Bighorn Joint Venture-Financing Agreement Signed  May 9, 2006
    Under terms of the agreement, the private interest may earn up to a 12% undivided interest in the Bighorn Claims in return for brokering up to $3,000,000 in flow through financings in Micrex and paying $300,000 in cash. Each $500,000 raised and $50,000 paid earns 2% towards the maximum of 12% interest. (CCNMatthews Press Releases)

    Update: Sunoco Logistics Partners L.P. Announces Pricing of Common Units and Senior Notes  May 3, 2006
    0 percent undivided interest in the Mesa Pipe Line System. For additional information visit Sunoco Logistics' web site at. (PR Newswire)

    Animal shelter plan is delayed  May 1, 2006
    Buildings: The council approved $40,000 to purchase one-third undivided interest in the Madeley Building, located downtown on Simonton. It tabled authorization of an earnest money contract for the purchase of the building at 125 N. Main. (Conroe Courier, TX)

    Conroe city council to vote on architect for new animal shelter  Apr 27, 2006
    Also on the agenda is the council's decision to purchase one-third undivided interest in the Madeley Building and whether to approve an earnest money contract for purchase of property at 125 N. Main St. Howard Roden can be reached at hroden@hcnonline. com. (Conroe Courier, TX)

    Trying to Flip, Not Flop  Apr 27, 2006
    All four names went on the title as tenants in common, with a 25% undivided interest each. For the deposit, each contributed $2,500. (Los Angeles Times)

    Corporate Office Properties Trust Reports 2005 Fourth Quarter and...  Feb 16, 2006
    6 million square feet) located in the BWI submarket and a 50% undivided interest in 132 acres at InterQuest Park (can support up to 935,000 square feet) located in Colorado Springs, Colorado. Acquisition Activity. (CNBC -- Research Alerts)

    Dubai Plans Other Projects in Turkey Aside from Dubai Towers  Jan 26, 2006
    The popularity of Turkey, especially with the top level visits of the last two years, created undivided interest in Turkey, Karaosmanoglu expressed, and they reckon the mutual commerce volume excluding the investments will surpass $2 billion. Karaosmanoglu also informed the interest towards Turkey does not only translate into increased tourism, but also turn into wide scale joint investments. (Zaman Daily News, Turkey)

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