July, 2009

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Adex decideds to target Indium Deposits for Detailed Evaluation at Mount Pleasant

Thursday, July 23rd, 2009

*Toronto – July 23, 2009 -* Adex Mining Inc. (“Adex” or the “Company”) (TSX-V: ADE) is pleased to provide an update on its development plan for the North Zone (“NZ”) at its wholly-owned Mount Pleasant Mine Property in southwestern New Brunswick, Canada (“Mount Pleasant” or the “Property”). The development plan includes bulk sampling, hydrometallurgical flow sheet development for tin and indium, the development of a waste water treatment process and a mine development plan. These activities will support a NZ scoping study expected to be completed in late 2009. A positive result from this scoping study is expected to lead to the preparation of a definitive feasibility study proposed for completion in 2010. Adex currently has sufficient financial resources to complete this development work, including the definitive feasibility study.

The scoping study, wastewater treatment system design, collection of the bulk samples for bench and pilot plant work, and re-sampling for indium analysis of historical core are currently underway at Mount Pleasant.

A National Instrument 43-101 (“NI 43-101”) compliant Technical Report (the “NZ Technical Report”) was completed by Watts, Griffis and McOuat Limited (“WGM”), Consulting Geologists and Engineers, and SGS-Geostat Limited (“SGS”), in May, 2009. The NZ Technical Report, entitled “A Technical Review of the Mount Pleasant Property, Including a Mineral Resource Estimate on the North Zone, Southwestern New Brunswick for Adex Mining Inc.”, dated May 6, 2009 and completed by Paul Dunbar, P.Geo. Senior Associate Geologist of WGM and Robert de l’Etoile, Eng. Senior Geological Engineer of SGS, is available on SEDAR at www.sedar.com. The NZ Technical Report recommends that Adex complete an economic evaluation of both the surface-exposed and near-surface zones of tin-indium-zinc (“Sn-In-Zn”) mineralization in the NZ. The report also recommends bulk sampling and pilot plant testing in order to define optimal mineral recovery processes, as well as opening the existing 600 adit to provide access to the near surface deposits.

On the basis of the recommendations in the NZ Technical Report, Adex management has designed a development program that will assess a low cost, moderate tonnage mining and processing operation to produce marketable Sn, In, and Zn products from the NZ.

See full release Click Here Adex trades on the TSX.v – Under the symbol ADE

Oroco closes on 89% of Financing $870,000

Thursday, July 23rd, 2009

Oroco Resource Corp (C:OCO)

Shares Issued 27,593,521 Last Close 7/22/2009 $0.16 Thursday July 23 2009 – News Release

Mr. Ken Thorsen president reports

OROCO RESOURCE CORP. ANNOUNCES CLOSING OF PRIVATE PLACEMENT

Oroco Resource Corp. has closed the first tranche of 5,800,000 units of a non-brokered private placement at a price of 15 cents per unit. Each unit consists of one common share and one transferable common share purchase warrant exercisable into one additional common share for a period of nine months at a price of 25 cents per share. All securities issued in this financing will be subject to a hold period which for this tranche will expire on Nov. 17, 2009.

The company has determined that it will limit the total offering to 6.5 million units and intends to close on the remaining 700,000 units, for which subscription agreements have been executed, upon receipt of final funds. For full release please visit the companies website

www.OrocoResourceCorp.com

The Top 10 Most Expensive Domain Names

Friday, July 17th, 2009

June, 2009

How much is the word “toys” worth on the Internet? Hundreds? Thousands? Try millions of dollars.

In a close bidding war, Toys ‘R’ Us last week bought the domain name Toys.com at auction for $5.1 million, placing it among the top 10 most expensive domain names on record. And industry watchers say that it was probably a bargain.

“Had it not been such a recession, I think it probably would have gone for a little bit more than that,” Ron Jackson, editor and publisher of the Domain Name Journal, told ABCNews.com. In better economic times, he said it might have sold in the $7 to $8 million range.

The reason a generic word like “toys” has such value, he said, is because it’s a massive key word. Hundreds of thousands, maybe millions of people type that word into search engines every day, generating an incredible flow of traffic to Toys.com. “It’s like having a store in the middle of Times Square,” Jackson said. “The name is really almost priceless.”

Jackson’s industry magazine has tracked domain name sales since 2003. Because transactions can take place privately and publicly, he said, it’s difficult to record all sales. His magazine only records transactions that were pure cash sales. Others in the industry have speculated that Sex.com sold for $12.5 million, Business.com sold for $7.5 million, and Wine.com sold for $3 million. But as they were not pure cash sales, Jackson doesn’t include them in his records.

Toys.com has not yet been added to his journal’s records, but Jackson expects to add it once the name has been officially transferred to Toys ‘R’ Us. According to the Domain Name Journal’s records, below is a list of the top 10 most expensive domain names.

1. Fund.com, $9.99 million 2. Porn.com, $9.5 million 3. Diamonds.com, $7.5 million 4. Toys.com, $5.1 million 5. Vodka.com, $3 million 6. CreditCards.com, $2.75 million 7. Computers.com, $2.1 million 8. Seniors.com, $1.8 million 9. DataRecovery.com, $1.66 million 10. Cameras.com, $1.5 million

TSX Venture Exchange Statistics – JUNE 2009

Saturday, July 11th, 2009

TORONTO, July 7 /CNW/ –
<< TSX Venture Exchange Statistics - JUNE 2009 ------------------------------------------- ------------------------------------------------------------------------- June 2009 May 2009 June 2008 ------------------------------------------------------------------------- Value $1,197,264,004 $1,085,956,548 $3,958,576,801 ------------------------------------------------------------------------- Volume 4,191,095,545 3,758,285,742 5,190,324,603 ------------------------------------------------------------------------- Transactions 421,345 366,358 805,890 ------------------------------------------------------------------------- Issuers Listed 2,429 2,437 2,396 ------------------------------------------------------------------------- Number of New Listings* 7 6 12 ------------------------------------------------------------------------- New Equity Financing(1) $405,018,702 $181,892,211 $912,765,398 ------------------------------------------------------------------------- Market Cap of Listed Equity Issuers ($ Billion) $25.0 $24.9 $55.9 ------------------------------------------------------------------------- ------------------------------------------------------------------------- Daily Averages (including NEX) ------------------------------------------------------------------------- Value $54.4 million $54.3 million $188.5 million ------------------------------------------------------------------------- Volume 190.5 million 187.9 million 247.2 million ------------------------------------------------------------------------- Transactions 19,152 18,318 38,376 ------------------------------------------------------------------------- TSX Venture Exchange Year-to-Date Statistics ------------------------------------------------------------------------- June 2009 June 2008 % Change ------------------------------------------------------------------------- Value $4,837,001,333 $17,758,941,540 -72.8% ------------------------------------------------------------------------- Volume 19,119,046,232 25,322,573,799 -24.5% ------------------------------------------------------------------------- Transactions 1,912,735 3,806,065 -49.7% ------------------------------------------------------------------------- Issuers Listed 2,429 2,396 +1.4% ------------------------------------------------------------------------- Number of New Listings* 44 137 -67.9% ------------------------------------------------------------------------- New Equity Financing(1) $1,274,933,879 $3,376,863,953 -62.2% ------------------------------------------------------------------------- Market Cap of Listed Equity Issuers ($ Billion) $25.0 $55.9 -55.3% ------------------------------------------------------------------------- ------------------------------------------------------------------------- Daily Averages (including NEX) ------------------------------------------------------------------------- Value $38.7 million $140.9 million -72.5% ------------------------------------------------------------------------- Volume 152.9 million 201.0 million -23.9% ------------------------------------------------------------------------- Transactions 15,302 30,207 -49.3% ------------------------------------------------------------------------- ------------------------------------------------------------------------- (1) Secondary financings include prospectus offerings on both a treasury and secondary basis. TSX Venture and NEX market statistics are combined. TSX Venture only figures are indicated by an *. TSX Venture Exchange market statistics do not include data for debt securities. >>
TSX Venture Exchange does not guarantee either the completeness or the accuracy of this information. The information contained in this media release is provided for informational purposes only and you agree not to rely upon the information contained in this media release for any trading, business or financial purpose. By using this media release, you expressly agree to the condition that TSX Venture Exchange assumes no liability or responsibility for any errors or inaccuracies in this media release.
Additional market statistics are available in the monthly TSXV E-Review. To subscribe to the TSXV E-Review, contact 416-947-4452 or email marketdata@tsxdatalinx.com.
<< About TMX Group Inc. (TSX-X)

Ten biggest stock mkt crashes

Sunday, July 5th, 2009

April 14, 2008 The Ten Biggest Stock Market Crashes of All Time

Some investors might think they have had a rough ride on the stock market over the past seven or eight months. But the recent share price gyrations pale into insignificance when compared with the biggest stock market falls of all time.

10) Wall Street 1901-03: -46% The market was spooked by the assassination of President McKinley in 1901, coupled with a severe drought later the same year.

9) Wall Street 1919-21: -46% There were fears that the new automobile sector was becoming overheated and that car ownership had reached saturation point.

8) Wall Street 1906-07: -48% Markets took fright after President Theodore Roosevelt had threatened to rein in the monopolies that flourished in various industrial sectors, notably railways.

7) Wall Street 1937-38: -49% This share price fall was triggerd by an economic recession and doubts about the effectiveness of Franklin D Roosevelt’s New Deal policy.

6) London 2000-2003: -52% The UK took sixth place in the table with a 52 per cent market fall between 2000 and 2003 as investors suffered the consequences of the collapse of the technoogy bubble

5) Hong Kong 1997-98: -64% The Hong Kong stock market?s heavy fall in 1997-1998 came as investors deserted emerging Asian shares, including a very overheated Hong Kong stock market

4) London 1973-74: -73% Next came the UK stock market?s 73 per cent drop in 1973 and 1974. set against the backdrop of a dramatic rise in oil prices, the miners? strike and the downfall of the Heath government.

3) Japan 1990-2003: -79% In third place, with a 79 per cent decline, was the Japanese stock market, which suffered a protracted slide in price from 1990 to 2003 as a share and property price bubble burst and turned into a deflationary nightmare.

2) US Nasdaq 2000-2002: -82% The second biggest collapse came from the technology-rich US Nasdaq index, which fell by 82 per cent following the bursting of the dot.com bubble in 2000

1) Wall Street 1929-32: -89% The Wall Street Crash heads the list, with the US stock market falling by 89 per cent between 1929 and 1932. The bursting of the speculative bubble led to further selling as people who had borrowed money to buy shares had to cash them in in a hurry when their loans wre called in.

David Shwartz, the stock market historian, says: ?The very big stock market crashes are invariably triggered by a series of different events which unfold one after the other. For example the biggest UK stock market slump in 1973-74 was started by the fear of stagflation, but was then fuelled by the dramatic rise in oil prices of late 1973, followed by the Miners? strike and the downfall of the Heath government. One heavy blow is not enough to produce a market crash. It requires several different blows to bring a market to its knees.?

(This list only includes stock market crashes in industrialised economies.)

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