June 10th



InterOil Corporation (Toronto:IOL.TO - News) (AMEX:IOC - News) (POMSoX:IOC), a Canadian company with operations in Papua New Guinea, announced that it has concluded Drill Stem Test No.2 at the Elk-4 well in the Antelope structure and is pleased with the extremely positive results. \"New data from the wellbore continues to surpass our initial pre-drill expectations and we will be looking to target additional gas column,\" stated Mr. Phil Mulacek.

Key highlights from DST #2:

- Gas column height from the highest known gas at Elk-1 is 1,948 feet, an increase of 184 feet since DST #1 at Elk-4

- Reservoir pressure at 7,507 feet (gauge depth) was 3,692 psia - Formation flow capacity was 48,375 millidarcy feet Read more: InterOil Corporation ( IOL )

June 10th

Implant Sciences Receives Additional Orders for QS-H150 Explosives Detectors

Implant Sciences Corporation (AMEX: IMX), a high technology supplier of systems and sensors for the homeland security market and related industries, today announced new orders totaling more than $4,200,000 for its Quantum SnifferTM QS-H150 portable explosives detectors. The units are to be delivered to distributors and customers in Asia and Europe.

“Our sales team continues to work very hard with our various distributors and customers, resulting in an all-time high for orders of our security products,” stated Phillip C. Thomas, President and CEO of Implant Sciences. “Combined with the $2.7 million in orders announced in our May 29th press release, we have received more than $7.0 million of new business during the past 60 days.” Read more: Implant Sciences Corporation ( IMX )

ORO GOLD ANNOUNCES PRIVATE PLACEMENT FINANCING

Oro Gold Resources Ltd. (“Oro Gold”) (TSX-V: OGR) is arranging a non-brokered private placement of up to 3.5 million units (the “Units”) at a price of $0.55 per Unit for proceeds of up to $1,925,000, subject to regulatory approval. Each Unit consists of one common share and one-half of one common share purchase warrant, each whole warrant entitling the holder to purchase one additional common share at a price of $0.75 per share for the first year and $1.00 per share for the second year after the date of issuance. The Units will be subject to a four-month hold period from the closing date. Finder\'s fees may be payable in connection with certain subscriptions under the financing. Read more: Oro Gold Resources Ltd ( OGR )

June 10th

Amtech Announces $8.5 Million in New Solar Orders

Amtech Systems, Inc. (NASDAQ: ASYS), a global supplier of production and automation systems and related supplies for the manufacture of solar cells, semiconductors, and silicon wafers, today announced that its solar subsidiary, Tempress Systems, Inc., has received $8.5 million in new solar orders for its diffusion processing systems. The solar orders consist of a sizeable follow-on order from an existing customer and initial orders from two new customers, all based in Asia.

“We are very pleased to receive the sizeable follow-on solar order and to expand our solar customer base in the rapidly growing Asia-Pacific region,” said J.S. Whang, President and Chief Executive Officer of Amtech. Read more: Amtech Systems Inc ( ASYS )