News: Aerocast acquires sand reclaimer for Nogales

News bei Aerocast: Aerocast erwirbt Sandregenerierungsvorrichtung für Nogales

Aerocast acquires sand reclaimer for Nogales

Aerocast Inc (C:A)
Shares Issued 14,600,000
Last Close 3/15/2011 $0.20

Wednesday March 16 2011 – News Release

Mr. Bob Jamieson reports

AEROCAST ACQUIRES SAND RECLAIMER; GRANTS OPTIONS

Aerocast Inc. has acquired a Richards sand reclaimer, which is in the process of being installed at the company’s Nogales foundry. A sand reclaimer takes chunks of sand recovered from foundry operations and grinds them down to original size. Sand particles are classified using a series of screens, and the recovered sand is used for producing new sand moulds.

Bob Jamieson, Aerocast’s president, states, “Once our sand reclaimer is fully operational, we expect that it will reduce our sand costs by up to 70 per cent.”

Aerocast also announces that it has granted a total of 4.12 million stock options, exercisable at 20 cents per share, to officers and to a consultant of the company, of which options for four million shares are exercisable for a five-year period, and options for 120,000 shares are exercisable for a two-year period.

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Unsere Einschätzung:

Zwar eine relativ unbedeutende News auf den ersten Blick – aber Aerocast steht kurz vor der Erreichung des Break-Even und somit zählt jede Kosteneinsparung! Operativ geht es gut voran und auch der Aktienkurs hat sich in den letzten Tagen entgegen dem allgemeinen Markttrend gut behauptet und ist sogar gestiegen.

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Beachten Sie unbedingt unseren Disclaimer sowie unseren Hinweis zum “Interessenkonflikt bei Aerocast Inc.“.