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Dominion Lending Centres Clearlease Reports Amarillo (NYSE:AGC) Closes $10 Million Brokered Private Placement

VANCOUVER, BRITISH COLUMBIA – (May 4, 2011) Clearlease Reports Amarillo Gold Corp. (NYSE:AGC) is pleased that the previously announced (see April 13th News Release) $10 million brokered private placement financing (the “Private Placement”), led by sole agent PI Financial Corp. (the “Agent”),has been closed. Closing today is the second and final tranche of 1,121,667 units priced at $1.50 per unit (the “Unit”) for gross proceeds of $1,682,501. The Company issued a total of 6,700,934 units at $1.50 per unit, for total gross proceeds of $10,051,401.

Each Unit of the Company consists of one common share and one half common share purchase warrant (a “Warrant”), each whole Warrant exercisable to acquire one additional common share at a price of $2.00 per common share, for a period of 18 months after the closing date of the Private Placement.

The net proceeds from the Private Placement will be used for the further exploration and development of the Company’s Mara Rosa and Lavras do Sul projects in Brazil, and for general corporate purposes.

All securities issued in connection with the Private Placement will be subject to a minimum four month hold period.

The Company thanks those that participated in the Private Placement. The sole agent, PI financial Corp., was paid a 6% fee for their portion of the raise and received a broker warrant equalling 6% of these shares. PI Financial also received a 2% fee for processing the remainder of the proceeds which were part of a Presidents List.

About Amarillo: Amarillo Gold Corp. is focused on the acquisition, discovery, and definition of gold resources in Brazil. The Company’s principal projects are the Mara Rosa Project in the state of Goias, and the Lavras do Sul Project in the state of Rio Grande do Sul. The Posse Deposit at Mara Rosa contains 623,000 ounces of gold indicated from 11.9 MT at 1.62 g/t Au, and 451,000 ounces of gold inferred from 10.1 MT at 1.38 g/t Au (0.5 g/t cut-off grade) (NI 43-101 compliant resource as independently determined by Australian Exploration Field Services Pty. AEFS) The Mara Rosa Gold Project is in the Pre-feasibility stage.

The Posse Deposit was successfully mined by Western Mining Company (WMC) during the 1990s (mined areas are excluded from the above-stated resource figures), and is located in an area of excellent infrastructure approximately 35 km NE of Yamana’s Chapada open pit Cu-Au operation, 105 km NE of Serra Grande’s underground Au mine, 105 km NNW of Anglo American’s Ni laterite project (in construction), 95 km NW of Votarintim’s Niquelandia Ni laterite mine, and some 60 km NE of Yamana’s Pilar Au project (in Feasibility).Grid power to the site was established during WMC’s open pit mining operation, and the Serra da Mesa (450 MW) hydro-electric dam lies 35 km to the east.

The Lavras do Sul Project is an advanced exploration stage property (190 sq. km.) comprised of more than 19 prospects centered on historic gold workings, with encouraging gold mineralization discovered and defined by more than 16,000 metres of drilling. The initial resource estimate at the Butia prospect reported 215,000 ounces of gold indicated from 6.4 MT at 1.05 g/t Au, and 308,000 ounces of gold inferred from 12.9 MT at 0.74 g/t Au ((0.3 g/t cut-off grade)(NI 43-101 compliant resource as independently determined by Atticus Consulting 2010). Lavras do Sul is also located near excellent infrastructure. The Company also has a portfolio of earlier stage projects and all properties under Amarillo’s management are located in areas of good infrastructure and mining-friendly communities.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

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Video Link: http://youtu.be/f_kk7WJa7Uk

All securities issued in connection with the Private Placement will be subject to a minimum four month hold period.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Contact DLC Clearlease.com:

Video Link: http://youtu.be/f_kk7WJa7Uk

Dominion Lending Centres Clearlease Reports Amarillo (NYSE:AGC) Closes $10 Million Brokered Private Placement

All securities issued in connection with the Private Placement will be subject to a minimum four month hold period.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Contact DLC Clearlease.com:

Video Link: http://youtu.be/f_kk7WJa7Uk

Dominion Lending Centres Clearlease Reports ShaMaran Petroleum (TSXV:SNM.V) has closed the first tranche of its $50.4 million private placement

VANCOUVER, BRITISH COLUMBIA – (May 4, 2011) Clearlease Reports ShaMaran Petroleum Corp. (TSXV:SNM.V) is pleased to announce that it has closed the first tranche of its $50.4 million private placement, previously announced on April 19, 2011. The first tranche, comprising 8,888,900 common shares, issued at $0.90 per common share, has been released to the investors. These shares are subject to a hold period expiring on September 5, 2011.

The second tranche comprising the remaining 47,111,100 common shares is expected to close this week.

A 4% finder’s fee, payable in cash, will be paid on a portion of the private placement.

Net proceeds of the private placement will be used towards the Company’s ongoing work program in Kurdistan as well as for general working capital purposes.

The private placement has been conditionally accepted by the TSX Venture Exchange.

ShaMaran Petroleum Corp. is a Kurdistan focused oil development and exploration vehicle. Its initial four projects in the region are the Pulkhana development/appraisal block, the Arbat and K42 exploration blocks as well as the newly acquired Atrush block. These projects are nearby and on trend with existing fields and recent discoveries. Kurdistan lies within the northern extension of the Zagros Folded Belt. The area is highly underexplored and is currently undergoing a significant exploration and development campaign by over 30 mid to large size international oil companies. ShaMaran Petroleum is a Canadian oil and gas company listed on the TSX Venture Exchange under the symbol “SNM”.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Contact DLC Clearlease.com:

Video Link: http://youtu.be/f_kk7WJa7Uk

The second tranche comprising the remaining 47,111,100 common shares is expected to close this week.

A 4% finder’s fee, payable in cash, will be paid on a portion of the private placement.

Net proceeds of the private placement will be used towards the Company’s ongoing work program in Kurdistan as well as for general working capital purposes.

The private placement has been conditionally accepted by the TSX Venture Exchange.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Contact DLC Clearlease.com:

Video Link: http://youtu.be/f_kk7WJa7Uk

Dominion Lending Centres Clearlease Reports ShaMaran Petroleum (TSXV:SNM.V) has closed the first tranche of its $50.4 million private placement

The second tranche comprising the remaining 47,111,100 common shares is expected to close this week.

A 4% finder’s fee, payable in cash, will be paid on a portion of the private placement.

Net proceeds of the private placement will be used towards the Company’s ongoing work program in Kurdistan as well as for general working capital purposes.

The private placement has been conditionally accepted by the TSX Venture Exchange.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Contact DLC Clearlease.com:

Video Link: http://youtu.be/f_kk7WJa7Uk

Dominion Lending Centres Clearlease Reports US Dollar Mixed Amid Fading Risk-appetite

VANCOUVER, BRITISH COLUMBIA – (May 4, 2011) Clearlease Reports the U.S. dollar showed mixed performance ahead of the New York session on Wednesday, paring its Asian session gains against the European majors while holding some ground against the yen as the recent run of risk-sentiment faded on renewed fears over more monetary tightening in China and fears of a revenge attack by Al Qaeda terrorists.

Stabilizing prices and managing inflation expectations are critical and banks’ required reserve requirements have no absolute ceiling, the People’s Bank of China said in its quarterly monetary policy report published on Tuesday. The renewed rate hike concerns sent Asian equities broadly lower today with Shanghai composite down more than 2.4 percent.

Portugal became the third eurozone country seeking sovereign rescue package after Ireland and Greece. Portugal’s caretaker government announced a deal with the European Union and the International Monetary Fund (IMF) on a three-year bailout package worth 78 billion euros ($115 billion) for resolving the EU member-nation’s financial problems.

The market focus for the day is likely to rest on the ADP’s private sector employment report to be released at 8:15 am ET. The report, which is considered precursor to Friday’s national employment report, is expected to show that private payrolls expanded by 200,000 in April.

The results of the Institute for Supply Management’s service sector survey are also likely to influence market sentiment. The report is due at 10 am ET. The non-manufacturing index is expected to ease slightly to 57 in April from 57.3 in March.

The dollar retreated from its Asian session highs against the euro, slipping back below 1.4880. The greenback thus eased more than 0.8 percent from Tuesday’s 6-day high of 1.4756.

The dollar that halted after breaking below the 1.6500 level in the aftermath of yesterday’s U.K. PMI shocker staged a rebound to hit a 1-week high of 1.6455 in the Asian session. However, the greenback failed to sustain the gains later and shed more than 0.5 percent.

Market players keenly await Thursday’s Bank of England and European Central Bank decisions, with both central banks expecting to keep rates on hold at 0.50 percent and 1.25 percent respectively.

Meanwhile, rating agency Standard & Poor’s said today that a rate hike from the Bank of England is “almost certain” within the next three months as “we think inflation is likely to take off once again, to peak around 5 percent in the third quarter”.

The research firm noted that recent trends in mortgage approvals signaling that the UK housing market is slowly weakening. The S&P comments came after another weak house lending report from the BOE this morning.

The seasonally adjusted Markit/Chartered Institute of Purchasing & Supply purchasing managers’ index for the construction sector also fell short of expectations, slipping to 53.3 in April from 56.4 in March. Economists had forecast only a modest fall to 55.9.

Eurozone retail sales declined 1 percent month-over-month in March, data published by the Eurostat showed today. That follows February’s 0.3 percent rise. Economists had expected a mere 0.1 drop for March. Annually, retail trade dipped 1.7 percent in March, reversing prior month’s 1.3 percent growth.

The dollar that broke past the 0.86 level against the Swiss franc yesterday for the first time in record, lacked a clear direction today except some early buying in the Asian session. The dollar-franc pair traded in a range between 0.8650 and 0.8605.

The dollar was mostly higher against the Japanese yen, hitting as high as 81.20 but failed to make any significant headway to breach its 10-day SMA at 81.55.

The greenback was unable to challenge its Asian session’s 5-day high of 0.9551 against the Canadian dollar in the succeeding trading hours. The dollar-loonie pair traded in a broader-range of 0.9550 and 0.9520.

The loonie came under pressure as the price of crude oil eased below $111 today as traders await cues from today’s official report on weekly U.S. crude oil inventories.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Contact DLC Clearlease.com:

Video Link: http://youtu.be/f_kk7WJa7Uk

The dollar retreated from its Asian session highs against the euro, slipping back below 1.4880. The greenback thus eased more than 0.8 percent from Tuesday’s 6-day high of 1.4756.

Market players keenly await Thursday’s Bank of England and European Central Bank decisions, with both central banks expecting to keep rates on hold at 0.50 percent and 1.25 percent respectively.

The dollar was mostly higher against the Japanese yen, hitting as high as 81.20 but failed to make any significant headway to breach its 10-day SMA at 81.55.

The loonie came under pressure as the price of crude oil eased below $111 today as traders await cues from today’s official report on weekly U.S. crude oil inventories.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Contact DLC Clearlease.com:

Video Link: http://youtu.be/f_kk7WJa7Uk

Dominion Lending Centres Clearlease Reports US Dollar Mixed Amid Fading Risk-appetite

The dollar retreated from its Asian session highs against the euro, slipping back below 1.4880. The greenback thus eased more than 0.8 percent from Tuesday’s 6-day high of 1.4756.

Market players keenly await Thursday’s Bank of England and European Central Bank decisions, with both central banks expecting to keep rates on hold at 0.50 percent and 1.25 percent respectively.

The dollar was mostly higher against the Japanese yen, hitting as high as 81.20 but failed to make any significant headway to breach its 10-day SMA at 81.55.

The loonie came under pressure as the price of crude oil eased below $111 today as traders await cues from today’s official report on weekly U.S. crude oil inventories.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Contact DLC Clearlease.com:

Video Link: http://youtu.be/f_kk7WJa7Uk

Dominion Lending Centres Clearlease Reports European Markets Fall As Economic Worries Persist

VANCOUVER, BRITISH COLUMBIA – (May 4, 2011) Clearlease Reports the European markets are in negative territory in afternoon trading Wednesday, as global economic worries and weak cues from Asia impacted sentiment. Falling U.S. futures and declining commodity prices added to selling pressure.

The Euro Stoxx 50 index of euro zone blue chippers is sliding 0.58 percent, while the Stoxx Europe 50 index, which includes some major U.K. companies, is slipping 0.55 percent.

The German DAX is falling 0.45 percent, the French CAC 40 is receding 0.28 percent and the UK’s FTSE 100 is dropping 0.95 percent. However, Switzerland’s SMI is advancing 0.30 percent.

Henkel is leading the gainers by adding 3.8 percent. The detergent maker reported a rise in first-quarter profit.

Merck is advancing 2.7 percent. Merrill raised its rating on the drugmaker’s stock to “Buy” from “Underperform” and increased the price target to 85 euros from 65 euros, dpa-AFX said.

Among automakers, BMW, Daimler and MAN are notably higher, while Volkswagen is moderately lower. BMW posted a surge in first-quarter profit.

Deutsche Bank is rising 1.6 percent, while Commerzbank is falling 0.8 percent. According to dpa-AFX, Merrill increased its price target for Deutsche Bank to 54 euros from 52 euros.

Fresenius Medical Care is rising 1.4 percent and Fresenius is advancing 0.4 percent, after reporting higher first-quarter profit. Both companies lifted their full-year targets.

Infineon Technologies is adding 1.4 percent. Several brokerages increased their price targets on the stock.

Meanwhile, airline Lufthansa is declining 4.55 percent, after confirming the company’s 2011 view.

Linde, which backed 2011 view as its first-quarter profit improved, is falling 0.9 percent.

HSBC raised its price target on K+S to 67 euros from 66 euros, dpa-AFX said. However, the stock is sliding 0.7 percent.

In France, speed-train maker Alstom is falling 1.2 percent after reporting a plunge in first-quarter profit. Telecom equipment maker Alcatel Lucent is falling 1.2 percent.

BNP Paribas is gaining 2.65 percent after reporting a growth in first-quarter profit. Credit Agricole and Societe Generale are notably higher. Natixis is adding 0.3 percent.

In London, Antofagasta is losing 8 percent. Fresnillo, Rio Tinto, Anglo American, Eurasian Natral Resources, Vedanta Resources, BHP Billiton and Kazakhmys are falling between 3.7 percent and 1 percent.

Legal & General is down 3 percent after reporting growth in first-quarter worldwide sales. Prudential and Old Mutual are notably lower.

Oil stocks BP, Royal Dutch Shell and BG Group are falling between 1.25 percent and 2.85 percent.

Retailer Next is surging 4.1 percent. The company reported growth in first-quarter sales. Marks & Spencer and Kingfisher are gaining 3.1 percent and 0.8 percent, respectively.

In economic news, eurozone retail sales declined 1 percent in March from February, following February’s 0.3 percent rise, Eurostat said. Economists had expected only 0.1 percent fall for March. Meanwhile, the final composite Purchasing Managers’ Index for eurozone rose to 57.8 from 57.6 in March, in line with flash estimate.

Meanwhile, the number of loans approved for house purchase increased to 47,557 in March from 46,708 in February, the Bank of England said in a report. But it stayed below the expected level of 48,000.

Across Asia/Pacific, most major markets ended lower, amid speculation that China may step up tightening measures to tackle inflation. Australia’s All Ordinaries lost 0.84 percent, China’s Shanghai Composite Index contracted 2.23 percent and Hiong Kong’s Hang Seng declined 1.31 percent. The Japanese market is closed.

In the U.S., futures point to a lower open on Wall Street. In the previous session, the Dow edged up less than a tenth of a percent, while the Nasdaq fell 0.8 percent and the S&P 500 slipped 0.3 percent.

Crude for June delivery is falling $0.37 to $110.68 per barrel, and June gold is slipping $8.6 to $1531.8 a troy ounce.