Minbos – which is headed up by former Dyno Nobel Executive Mr Peter Richards – has secured a portfolio of high quality phosphate resource assets in the central African nations of Angola and the Democratic Republic of Congo.

The launch of the Minbos IPO comes amidst surging investor interest in the global fertiliser industry, with BHP Billiton’s recent US$40 billion hostile takeover offer for Canada’s Potash Corp placing the spotlight firmly on this rapidly growing sector.

Phosphate is an essential component in certain agricultural uses for which there is no substitute. Increased demand worldwide for phosphate-based products is not currently being matched by the development of new projects, creating a significant opportunity for new market entrants.

The potential scale of the projects is demonstrated by an Exploration Target (1) which has been established for the Angolan licence area of between 333 and 538Mt (estimated by Coffey Mining Pty), with a historically reported grade range of 10-20% phosphate bearing material. 45,000m of drilling has been conducted previously at the project, which covers a total area of 4,126km2. Historical metallurgical test work indicates that the phosphate rock is amenable to beneficiation with a P2O5 grade above 30% and recoveries of over 75%.

The Projects are ideally located close to infrastructure and ports. The close proximity of the licences to the coastal ports, as well as established transportation infrastructure is likely to result in both capital and operating costs remaining relatively low when compared to other phosphate operations globally.

There is also a significant opportunity to identify further phosphate bearing prospects within the region especially in the under explored DRC licenses and applications. The potential scale of these Projects gives Minbos the potential to become a major global supplier of rock phosphate and become an integrated downstream supplier of phosphate products.

The funds raised through the IPO which will be applied to an aggressive drilling program at a number of specified targets within the two projects, with the objective of developing a JORC compliant resource statement for each.

Medium term targets for the company consist of detailed feasibility and development works, to be undertaken after delineation drilling, metallurgical testwork and prefeasibility studies.

IPO Details

Minbos has lodged a Prospectus with the Australian Securities and Investments Commission (ASIC) for the issue of 30 million shares at 20 cents each to raise up to $6 million, with provision to accept oversubscriptions of a further $2 million. The Company currently has 28.25 million shares on offer held by vendors, founders and seed investors.

A copy of the Prospectus can be downloaded from www.minbos.com and offers of securities will be made in the Prospectus. All investors should consider the Prospectus in full before deciding to invest and must use an application form accompanying the Prospectus in order to apply for shares.

Following completion of the Offer, the Company will have 58.25 million shares on issue plus 14 million options and 35 million performance shares as a condition of the takeover of Tunan.

Otsana Capital is the financial arranger to the IPO with Perth-based stockbroking firm Cunningham Peterson Sharbanee Securities as Lead Broker to the issue, which opens on 4 September and is scheduled to close at 5pm on 27 September ahead of a targeted listing date of 8 October.

Board

Minbos is headed up by an experienced Board and Management team with a strong track record at the corporate and technical level. The Company’s Executive Chairman is Mr Peter Richards, who has over 30 years of business and international experience with global companies including BP plc, Wesfarmers Ltd and Dyno Nobel Limited. He recently retired as CEO of Dyno Nobel following its successful takeover.

Other board members include experienced mining executive, Dave Reeves, experienced corporate consultant Faldi Ismail. Technical Director John Ciganek and non-executive Director Domingoes Catulichi.

Important Notice: The offer of the securities in Minbos Resources Limited is made in a Prospectus dated 27 August 2010. Anyone wishing to acquire the securities will need to complete the application form accompanying the Prospectus. This release does not constitute a solicitation to acquire securities in Minbos Resources Limited.

(1) Note: The potential quantity and grade of the Exploration Target set out above is conceptual in nature. There has been insufficient exploration to define a mineral resource in accordance with the JORC Code and it is uncertain that further exploration will result in the determination of a mineral resource.

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Yves Mechaka was brought on board in April 2008, and was tasked with the goal of setting up the Treasury Department and to help assess, monitor, and manage multiple public Sukuk issues. He also led the management and supervision of all aspects of payments, cash flow, and investments.

“I ensured that strong relationships were maintained with other departments in a manner consistent with company policies,” says Mechaka, who is a former member of the Financial Planning Standards Council of Canada (FPSC). “I also monitored compliance with investment policies and government regulations.”

Dar Al-Arkan specializes in residential real estate, specifically the development of master-planned lifestyle residential communities. They offer developed land parcels, apartments, and villas. Based in Riyadh, Dar Al-Arkan was established in 1994 in response to the increased demand for quality housing in rapidly growing Saudi Arabia.

About Yves Mechaka
Mr. Mechaka has additional financial and leadership experience with Epycom Insurance Brokers Inc., Industrial Alliance Securities Inc., iForum Securities Inc., Desjardins Trust, and the Bank of Montreal. A finance professional with more than 25 years of expertise in business management, Yves Mechaka has a versatile skill set in investment and financial planning, cash flow management and implementation of processes, and experience as an entrepreneur. In his life, as well as throughout his impressive career, Mr. Mechaka has strived to abide by the following axioms: think positively, stay healthy, forgive and forget, and be happy.

Contact:

Yves Mechaka
Contact Yves Mechaka

# # #

To date, the Company has processed approximately 5,300 ounces of gold at its plant in Zaruma, including the 2,400 ounces delivered to the refinery. Of the remaining 2,900 ounces, 1,400 ounces will be extracted in due course and 1,500 ounces will remain as work in progress contained in the carbon stripping section of the plant. In addition, the Company has processed in excess of 19,000 ounces of silver, which it expects to sell locally.

Robert Washer, President and CEO of Dynasty commented, “The first exportation and upcoming sale of gold is a significant milestone for the Company, particularly in a time when gold prices are near an all time high. The processing plant at Zaruma is fully operational, and with the tonnage of material being mined increasing each month we expect to be cash flow positive for the remainder of the year.”

Zaruma Mining Operations

The Company continues to develop its three declines, “Cabo de Hornos”, “Barbasco” and “Ayampamba”, with in excess of 250 employees working in shifts to advance the declines and develop the resource 24 hours a day. To date, the Company has developed over 3.5 kilometres of tunnels to vertical depths ranging from 100 to over 250 metres, depending on the decline.

Mining of the resource at the main decline, “Cabo de Hornos” has commenced. Recently the combination of the resource together with the other lower grade development material mined has resulted in the delivery of approximately 250 tonnes per day at an average head grade of 6.4 grams per tonne (“g/t”) gold to the mill. As the Company continues to develop this resource it is expected the tonnage of material mined will continue to increase.

The Company has now reached the resource at “Barbasco” and is on track to reach the resource at “Ayampamba” later in the third quarter. The Company expects to have sufficiently developed and commenced mining these resources to begin its delivery to the plant in the fourth quarter.

While the Company continues to see improvement with its overall mine development and operations activities, progress has been much slower than expected over the last six months. In addition to the Company having to address the previously reported mining start-up challenges, the Company’s inability to secure a timely exploitation contract with the Ecuadorian Government and the time it has taken for the transition to the regulations of the new Mining Law caused management to defer making certain capital investment decisions, which directly impacted mine development progress.

After positive meetings with the new Minister of Non-Renewable Natural Resources during the last quarter, the Company hired 30 additional local employees to work at the mines, purchased a significant amount of additional mining equipment, continued to train local workers for skilled positions and hired additional experienced Australian mine managers to facilitate increased future production and the overall efficiency of its mining operations. The Company currently expects that sometime within the first quarter of 2011, it will be mining and delivering to the Zaruma plant 800 tonnes of material per day, or the approximate annual equivalent of 300,000 tonnes of material.

Zaruma Processing Plant

The processing plant is fully commissioned with gold recovery averaging 90% to date. To maximize the recovery of silver, the Company has commenced the construction of a floatation system which is scheduled to be operational in the fourth quarter of this year.

Exploitation Contract

The Company continues to have constructive dialogue with Mr. Wilson Pastor, the Ecuadorian Minister of Non-Renewable Natural Resources, and his Ministry with respect to formulating an exploitation contract which will set out the specific terms for mining operations, including the royalty payable to the State on the sale of the metals. Throughout this dialogue, the Company has kept the Ministry apprised of the status of its operations and its future plans and the Ministry, in turn, has assigned a person to assist the Company and report back to the Ministry on the Company’s progress. The Company would like to thank the Ministries for their ongoing assistance and cooperation.

Rob Washer
President & Chief Executive Officer

About Dynasty Metals & Mining

Dynasty Metals & Mining Inc. is a Canadian based mining company involved in the exploration and development of mineral properties in Ecuador.

The Company has the in-production Zaruma Gold Project, the advanced-stage Jerusalem Project, and a highly prospective exploration project, the Dynasty Copper-Gold Belt, which includes the advanced-stage Dynasty Goldfield.

For further information please visit the Company’s website at http://www.dynastymining.com or please contact:

Dynasty Metals & Mining Inc.
Murray Oliver
Tel: (604) 687-0888
Email: info(at)dynastymining(dot)com    

Brisco Capital Partners Corp.
Gordon Aldcorn
Tel: (403) 262-9888
Email: Gordon(at)briscocapital(dot)com

This news release includes “forward-looking information”, as such term is defined in applicable securities laws. Users of forward-looking information are cautioned that actual results may vary from forward-looking information contained herein. The forward-looking information includes, without limitation, the amount of money the Company anticipates that it will receive from the sale of gold delivered to the refinery; the Company’s plans to sell the silver it has processed; the Company’s expectations that it will be cash flow positive; the tonnage of material that the Company anticipates it will mine from the declines in the future; the timing for reaching the resource at the Ayampamba decline; the timing and extent of development and mining it will accomplish at its three declines; the timing for completion of the floatation system; and other similar statements concerning anticipated future events, conditions or results that are not historical facts. In certain cases, forward-looking information was developed using the material factors or assumptions stated herein. Such factors and assumptions include, amongst others, the effects of general economic conditions, the price of gold, changing foreign exchange rates and actions by government authorities, uncertainties associated with legal proceedings and negotiations and misjudgements in the course of preparing forward-looking information. In addition, there are also known and unknown risk factors which could cause the Company’s actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. Known risk factors include, among others, risks and uncertainties relating to exploration and development; the ability of the Company to obtain additional financing; the Company’s limited operating history; uncertain mining legislation; the need to comply with environmental and governmental regulations; political and economic instability and general civil unrest in Ecuador; potential defects in title to the Company’s properties; fluctuations in currency exchange rates; fluctuating prices of commodities; operating hazards and risks; competition; and other risks and uncertainties, including those described in the Company’s Annual Information Form dated March 26, 2010 filed with the Canadian Securities Administrators and available at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward looking information, will prove to be accurate. Accordingly, readers should not place undue reliance on forward-looking information. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward-looking information except as required by law.

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TD Bank says its profits grew 29 per cent in the third quarter to $1.18 billion, narrowly missing expectations.

The results were equivalent to $1.29 per diluted share for the quarter, and compare to a net income of $912 million in the same period a year ago.

TD reported that both lower loan losses and strong earnings in its domestic retail business pushed the quarter higher.

On an adjusted basis, earnings per share were $1.43, falling a penny short of analyst expectations, according to Thomson Reuters.

Revenue lifted to $4.74 billion, compared to $4.66 billion a year earlier.

Canadian retail banking earnings increased 24 per cent to $841 million.

“Our third-quarter results really tell the growth story of our retail businesses on both sides of the border,” said president and chief executive Ed Clark in a release.

“We also saw the best credit quality and lowest credit losses in seven quarters across all of our businesses.”

Provisions for credit losses dropped to $339 million versus $557 million in the comparable period of last year.

TD Bank has more than 74,000 employees across its more than 2,300 retail operations in both Canada and the United States.

The bank’s operations include retail banking, wealth management and investment banking products under TD Waterhouse, as well as an investment in TD Ameritrade.

© The Canadian Press, 2010

Similarly in Panama also, to apply for a bank account, it is very important to be aware of the basic banking and accounting techniques and for this various legal firms are also available providing the specialized services related to Panama bank accounts, immigrations and Panama corporations. These legal firms of Panama are licensed law firms which help one making himself clear about the matters related to debit card, credit card, currency banking and other banking and accounting strategies for the banks existing in Panama. These firms maintain effective links with the top most banks of the Panama and initially provide the introduction to people for opening the bank accounts.

These firms are capable of providing the foundation to the customer about the bank which helps them to open the Panama bank account on the very same day or within a period of 3-4 days as well.

There are some documents that are required to be submitted to the bank as a part of the basic banking rulings:

• A reference letter from any professional e.g. doctor, lawyer, dentist, insurance agent, accountant etc.
• A reference letter from the bank.
• Copy of driving license duly attested by Notary Office.
• Copy of passport attested by Notary Office.

Banking and accounting facilities provided by the banks in Panama includes:

• Secrecy is the top most banking facility provided by all the banks of Panama. Privacy and secrecy are two of the most important facilities expected to be maintained by both the bank and the account holder. And Panama banks very much consider maintaining the same. If any of the two (bank or the account holder) acts in violating the same in any form then the sufferer can sue the culprit.
• Bank account can be opened in dollars or euros.
• Banking facilities can be easily availed as the banks in Panama allow the customers to select the services in either of the languages among English or Spanish.
• ATM and Visa facilities conclude the basic banking facilities of the Banks.
• Online banking service is also provided to the customer.
• Facility of corporate account is also available.

The requirements which support your investing might signify the dissimilarity among success as well as breakdown. We time the economic stock market to make cash in the stock market, also not to meet our sentimental requests.

Motivated by Immediate Rewards

Very simply, the stock market is not likely to give them to you. Although the stock market is timing approach to be profitable, it does not know our emotional desires. Rather, it follows the rational idea to generate money after some years.

A winning market trader have indefatigably to run a trading system that often conflict with the sentiments of the traders. The consequences of any buy or sell will not generate a gain. It is quite likely that the result of a sequence of buys or sells cannot generate a profit. It is necessary that those chances are well-known.

People are motivated by rewards as well as in modern society, that in general means cash.

The more assets we’re offered, the more hard we work. Possibly you have been interested in the stock market timing because of the large potential gains which you may do with time. It is natural to require to get a benifit to your hard work.

But when you expect an immediate reward for the efforts and it is not appear, you’ll be annoyed and disappointed. And relating to timing the stock market, the immediate rewards are not at all times there.

As an example, everybody expects to get paid on the date their paycheck is due, however have you seen what happens when the paycheck is late? Everyone is quite annoyed and some people will get very annoyed. People were expecting a hard-earned benefits but received no benifit.

Except we have the proper point of view, the stock market timing strategy will sense that approach too. You could put in the huge effort and do not receive immediate reward for it.

If one is expecting an immediate benefits, it may be irritating as well as disappointing when it doesn’t appear. That’s the cause it is important to take the proper point of view with the stock market timing, & the appropriate perspective can just be dependent by looking at timing consequences over a long time.

Big Picture & Laws of Probability

It are vital for the stock market trader to believe in terms of the big picture, and in terms of possibilities. You have to understand that the outcome of any one purchases or sell signals are usually not important. That is the outcome that counts over time.

One of most trades you make with a winning trading system over the principle of averages work on your favor, and through a sequence of the trades, you’ll be cost-effective.

Stock Market situation, as each one is aware, are not at all times useful to our strategy. This is the reality of the market timing & it’s a necessity to arrange for it. If you’re aware of this, you will be less like to react emotionally to losing trades, as well as fewer likely to make bad judgments when they happen.

An summary of the big image, & stick to the investing plan, are the keys to stock market timing triumph.

Conclusion

When you anticipate that you can not succeed a single purchase or sell alert, you might not be disappointed when it take place.

In case you understand that you can not profit even later a sequence of buy or else sell signals, you may similarly manage to trade with it, bounce back, and be ready to look at the next trade.

But on other hand, if you aren’t ready for these possibilities, you will feel frustrated and disappointed. You might feel like providing up on stock market timing.

Some market investors strike the jackpot and start timing right at the beginning of an beneficial trend. People who started in middle 2008 & took our bearish positions done immediate huge profits.

People who started in the past 2009 made profits in the excess of fifty%. People who started in the 2010 remain ahead of the market, but they has not been a tradable trend. When that trend starts we will, obviously, be there.

However usually, we beginning our stock market timing while difficult market circumstances.

The right viewpoint goes a long way in coping with the inevitable hardballs that the stock market brings. People who remain the course earn the reward over time.

How can we post the outstanding investing outcome that have been achieved in our certain market timing approaches? As the reports stick to a disciplined strategy. They stick to the purchase and sell signals without query. No ifs, ands or buts. Consequently, over time, they show the valuable consequences of following to strategy.

After some years, the trade gets easier systematic. But be careful to not reduce the significance of self-control & discipline. The more disciplined you will be, the much profits you achieve.

Subscribe to Swing Timing Alert Newsletter that specializes in timing as market swings from one extreme to the other. It tells you accurately at what time to purchase and when to sell based upon present stock market conditions. The Swing Timing Alert is meant to produce profits during both bull as well as bear stock market.

Swing Timing Alert will be published & circulated whenever a new buy or sell signal is generated by our computerized stock trading system. All you need do is go along the alerts. Interim updates are sent showing the performance of open positions.

Develop self-confidence by starting slowly. If you are sure, you might follow the signals. As well as sticking on to the alerts may be the input to being profitable.

The Manpower Employment Survey, conducted as part of larger poll undertaken by Manpower Inc., noted that 21 per cent of Canadian firms surveyed said they planned to boost payrolls in the last three months of 2010.

The latest figure represented a slight drop from the third quarter of 2010, when 22 per cent of 1,900 employers expected to increase their workforce.

(The margin of error in the Canadian portion of Manpower’s overall survey is plus or minus two per cent.)

Only seven per cent of employers said they planned to shave their payrolls in the period. But that actually represented a rise from six per cent in the third quarter.

“Employers are telling us that they plan to continue to increase their payrolls at a similar pace for the rest of the year,” said Byrne Luft, Manpower Canada’s vice-president of staffing operations.

Indeed, the vast majority of Canadian companies — 70 per cent — did not expect their staffing quota to change one way or the other.

Domestic boost

Canadian firms have enjoyed a strong domestic economy, which boosted sales during the past nine months, but face an American neighbour which might be sliding back into a recession, analysts said.

Even as Canada’s employment situation holds steady into the fourth quarter, the picture is brighter than one year earlier.

The Manpower survey for the fourth quarter of 2009 indicated that only 15 per cent of employers planned to expand their payrolls versus 11 per cent of companies expecting to cut jobs.

An anesthesia drug sold by Hospira Inc. that is used by several states to execute prisoners on death row may not be available until early next year due to supply issues.

The drug, sodium thiopental, is not approved by the U.S. Food and Drug administration for use in lethal injections, so it is not sold by Hospira for such uses. But like other prescriptions, physicians are known to provide drugs  to patients in off-label form, and the product is known to be used as part of a cocktail of prescriptions used to put inmates to death.

USA Today reported last week that the shortage of several anesthesia drugs may delay executions in at least two states. Federal agencies and some hospitals have also reported that elective surgeries are also being delayed because of the shortage of such products.

Hospira said sodium thiopental is an anesthetic agent used by hospitals. Hospira said the drug “isn’t indicated for capital punishment, and Hospira does not support its use in this procedure,” the company said in a statement to the Tribune. “Hospira has communicated with departments of corrections in the United States to advise them of this position.”

The drug is not a big seller for the company, so Hospira does not disclose its sales. Hospira said the shortage was “due to a supply issue with the active pharmaceutical ingredient, which is supplied by a third party” — one the company would not name.

“We are working to get it back onto the market, and anticipate it will be by early 2011,” Hospira said in its statement.

Dissident shareholders opposed to the plan have notified the Aurora, Ont.-based company that they do not intend further legal appeals, Magna said in a release.

Magna says it plans to implement a deal after the close of markets Tuesday to relieve founder Frank Stronach of control. (Markus Leodolter/Associated Press)

A day earlier, the Ontario Divisional Court upheld a lower-court ruling approving the proposal.

The dissident shareholders included the Canada Pension Plan Investment Board, Ontario Teachers’ Pension Plan, OMERS, the Alberta Investment Management Corp. and British Columbia Investment Management Corp.

They had opposed the size of the premium over the present value of the company’s shares — about 18-fold — to be paid to the Stronach family trust, and argued it would set a dangerous precedent for similar, future deals in terms of the loss of shareholder value.

The deal provides for Stronach to receive $300 million US in cash, $120 million in consulting fees over the next four years, nine million single-vote shares of Magna and control over a new joint venture focused on electric vehicles.

Shares rise

Magna shares closed up $3.43, or 4.3 per cent, to $83.04 Tuesday on the Toronto Stock Exchange.

Magna said it planned to implement the change after the close of markets Tuesday.

“We are very pleased with the court’s decision and that we are finally in a position to close the arrangement, which has received strong support from Magna’s shareholders,” Magna CFO Vince Galifi said.

“With the transaction completed, we can refocus on pursuing our long-term growth strategy, including further investments in both innovation and emerging markets, in order to continue to serve our customers around the world.”