Watts Witit

WALTHAM, Mass.–(BUSINESS WIRE)–Histogenics Corporation, a privately held, regenerative medicine
company, today announced that President and Chief Executive Officer
Patrick O’Donnell will present at the upcoming Canaccord Genuity
Musculoskeletal Conference on February 7^th at 3:30pm PT at
the Parc 55 Wyndham in San Francisco. Mr. O’Donnell will discuss the
Company’s lead product candidates, including NeoCart^®, an
autologous bioengineered neocartilage grown outside the body using the
patient’s own cells for the regeneration of cartilage lesions and
VeriCart(TM), a three-dimensional cartilage matrix to stimulate cartilage
repair in a simple, one-step procedure. NeoCart recently entered a Phase
3 clinical trial and will be the subject of an oral presentation at the
Annual Meeting of the American Academy of Orthopaedic Surgeons (AAOS),
which is also taking place in San Francisco from February 7^th-11^th.

About Histogenics

Histogenics is a leading regenerative medicine company that combines
cell therapy and tissue engineering technologies to develop highly
innovative products for tissue repair and regeneration. In May of 2011,
Histogenics acquired Israeli cell-therapy company Prochon BioTech.
Histogenics’ flagship products focus on the treatment of active patients
suffering from articular cartilage derived pain and immobility. The
Company takes an interdisciplinary approach to engineering neocartilage
that looks, acts and lasts like hyaline cartilage. It is developing new
treatments for sports injuries and other orthopaedic conditions, where
demand is growing for long-term alternatives to joint replacement.
Histogenics has successfully completed Phase 1 and Phase 2 clinical
trials of its NeoCart autologous tissue implant and is currently in a
Phase 3 IND clinical study. Based in Waltham, Massachusetts, the company
is privately held. For more information, visit www.histogenics.com.

LAS VEGAS, Feb 3, 2012 (GlobeNewswire via COMTEX) –
Registered Express Corporation

/quotes/zigman/557808 RGTX
-20.37%

is pleased to announce its new free Express Delivery application. With just two clicks, anyone can send or receive a delivery of a document or file, up to 2 gigabytes, from the home page of the new Registered Express(TM) website. This free service simplifies sending / receiving documents and files, through the Registered Express(TM) system.

The Express Delivery application allows any user / sender, to execute a valued delivery of a document or file, whether they have an existing account or not. The Express Delivery free service is designed to quickly and easily complete a send and receive cycle with a digital record of the transaction.

This specialized and proprietary service is designed for the online community to securely deliver documents and files digitally through the Registered Express(TM) network.

Visit the Registered Express web site at:
www.registeredexpress.com for features and details.

About Registered Express(TM)

Registered Express Corporation is in the principal business of marketing and deploying a registered system for the secure and verifiable delivery of electronic documents. The Company is incorporated in the State of Delaware; Registered Express(TM) is headquartered in Las Vegas, Nevada.

Registered Express(TM) is designed as an easy-to-use, web-based service that is safe, secure, reliable and able to meet the needs of the most demanding customer. The service is based on a “pay as you use” model, does not require any program downloads, is fully automated, and each transaction is fully documented throughout the process.

Forward-Looking Statements

You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as “will,” “anticipates,” “believes,” “plans,” “goal,” “expects,” “future,” “intends,” and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release.

For further information:
www.registeredexpress.com

This news release was distributed by GlobeNewswire,
www.globenewswire.com

SOURCE: Registered Express Corporation

CONTACT: Registered Express Corporation
Investor Relations
Tel: (775) 773-8757
Fax: (702) 425-1000
investorrelations@registeredexpress.com

(C) Copyright 2010 GlobeNewswire, Inc. All rights reserved.

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RGTX

Registered Express Corp.

$
0.02

-0.0055
-20.37%

Volume: 427,656
Feb. 13, 2012 3:50p

SAN FRANCISCO–(BUSINESS WIRE)–UnionBanCal Corporation (the Company or UB), parent company of San
Francisco-based Union Bank, NA, today reported fourth quarter 2011
results. Net income for fourth quarter was $129 million, down from $172
million for both the prior quarter and the year-ago quarter. The decline
in net income compared with the prior quarter was primarily due to
higher provision for credit losses as loan growth accelerated and higher
noninterest expense.

Effective October 1, 2011, The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU)
transferred its trust company, The Bank of Tokyo-Mitsubishi UFJ Trust
Company (BTMUT), to the Company. This transaction increased assets by
over $900 million and Tier 1 common capital by over $700 million.

Summary of Fourth Quarter Results

Fourth Quarter Total Revenue and Net Interest
Income

For fourth quarter 2011, total revenue (net interest income plus
noninterest income) was $791 million, flat compared with the prior
quarter. Net interest income increased 6 percent, and noninterest income
decreased 18 percent. The net interest margin was 3.29 percent.

Net interest income for fourth quarter 2011 was $640 million, up $34
million, or 6 percent, compared with third quarter 2011. The increase in
net interest income was primarily due to growth in average earning
assets, particularly securities and total loans (excluding FDIC covered
loans). The net interest margin declined 2 basis points compared with
third quarter 2011, primarily due to lower yields on securities,
partially offset by a decline in low-yielding interest bearing deposits
in banks.

Average total loans, excluding FDIC covered loans, increased $2.3
billion, or 5 percent, primarily due to growth in commercial and
industrial loans, commercial mortgage loans and residential mortgage
loans. Average FDIC covered loans decreased $152 million, or 13 percent,
due to expected runoff of the portfolio. Average noninterest bearing
deposits increased $1.3 billion, or 7 percent, primarily due to growth
in commercial deposits. Average interest bearing deposits increased $2
billion, or 5 percent, primarily reflecting growth in money market
accounts and time deposits.

Compared with fourth quarter 2010, total revenue decreased 10 percent,
with net interest income up 1 percent and noninterest income down 40
percent. Average total loans, excluding FDIC covered loans, increased $5
billion, or 11 percent, primarily due to growth in commercial and
industrial loans, commercial mortgage loans and residential mortgage
loans. Average FDIC covered loans decreased $597 million, or 37 percent,
due to expected runoff of the portfolio. Average noninterest bearing
deposits increased $3.4 billion, or 21 percent. Average interest bearing
deposits decreased $2.3 billion, or 5 percent, primarily due to planned
deposit runoff resulting from targeted rate reductions. Net interest
income increased $9 million compared with the year-ago quarter,
primarily due to overall loan growth, largely offset by a decrease in
the net interest margin. The net interest margin declined 24 basis
points from the year-ago quarter, primarily due to declining yields on
loans (excluding FDIC covered loans) and securities, and a higher level
of low-yielding interest bearing deposits in banks.

Fourth Quarter Noninterest Income and Noninterest
Expense

For fourth quarter 2011, noninterest income was $151 million, down $34
million, or 18 percent, compared with prior quarter. The decrease was
primarily due to lower card processing fees, net, which declined due to
lower per-transaction fees charged; lower merchant banking fees, which
declined due to fewer transactions completed; and lower other
noninterest income. Other noninterest income decreased primarily due to
a loss on the sale of private capital investments in fourth quarter 2011
and accretion adjustments to the indemnification asset associated with
FDIC covered loans.

Noninterest income decreased $100 million, or 40 percent, compared with
fourth quarter 2010, primarily due to lower gains on the sale of
securities and lower other noninterest income. Other noninterest income
declined primarily due to a loss on the sale of private capital
investments and an accretion adjustment to the indemnification asset
associated with FDIC covered loans, both recorded in fourth quarter 2011.

Noninterest expense for fourth quarter 2011 was $619 million, up $16
million, or 3 percent, compared with third quarter 2011. Intangible
asset amortization expense increased $7 million, primarily due to a
write-off of intangible assets associated with the privatization of the
Company in 2008. The provision for losses on off-balance sheet
commitments was $2 million, compared with zero in third quarter 2011.

Noninterest expense for fourth quarter 2011 decreased $82 million, or 12
percent, compared with fourth quarter 2010. The decrease was primarily
due to lower regulatory assessments expenses, which resulted from a
reduction in assessments for deposit insurance, and lower other
noninterest expense. Other noninterest expense declined primarily due to
certain reserves for contingencies and an asset impairment charge, all
recorded in fourth quarter 2010. The provision for losses on off-balance
sheet commitments was $2 million, compared with a benefit of $2 million
in fourth quarter 2010.

Taxes

The effective tax rate for fourth quarter 2011 was 24.7 percent,
compared with an effective tax rate of 17.0 percent for third quarter
2011. The increase in the effective tax rate was primarily due to
non-recurring income tax benefits recorded in third quarter related to a
change in estimate to the valuation of FDIC covered assets.

Full Year 2011 Results

For full year 2011, net income was $778 million, compared with net
income of $573 million for full year 2010. The $205 million increase in
net income was primarily due to the after-tax effect of a $399 million
decrease in total provision for credit losses.

Total revenue for full year 2011 was $3.3 billion, a decrease of $53
million, or 2 percent, compared with 2010. Net interest income increased
$54 million, or 2 percent. Noninterest income decreased $107 million, or
12 percent, primarily due to lower gains on the sale of securities and
accretion adjustments to the indemnification asset associated with FDIC
covered loans. Noninterest expense increased $43 million, or 2 percent,
primarily due to a $155 million increase in salaries and employee
benefits expense. The increase in salaries and employee benefits expense
was partially offset by a $57 million decrease in other noninterest
expense, primarily due to certain reserves for contingencies and an
asset impairment charge, all recorded in 2010, and a $47 million
decrease in regulatory assessments expense, primarily due to a reduction
in assessments for deposit insurance.

Balance Sheet

At December 31, 2011, the Company had total assets of $89.7 billion, up
$5.7 billion, or 7 percent, compared with September 30, 2011, and up
$10.6 billion, or 13 percent, compared with December 31, 2010.

At December 31, 2011, total deposits were $64.4 billion, up $4 billion,
or 7 percent, compared with September 30, 2011, and up $4.5 billion, or
7 percent, compared with December 31, 2010. Core deposits at December
31, 2011, were $52.8 billion, up $2.1 billion, or 4 percent, compared
with September 30, 2011, and up $2.7 billion, or 5 percent, compared
with December 31, 2010. At December 31, 2011, the Company’s
loan-to-deposit ratio was 83 percent, down from 84 percent at September
30, 2011, due to deposits growing faster than loans, and up from 80
percent at December 31, 2010, due to a combination of loan growth and
deposit growth.

Credit Quality

The total provision for credit losses was $9 million for fourth quarter
2011, compared with a benefit of $13 million for third quarter 2011,
primarily due to organic growth in the existing loan portfolio.
Nonperforming assets, excluding FDIC covered assets, decreased $72
million, or 10 percent, compared with prior quarter, primarily due to
loan repayments and charge-offs. Net charge-offs decreased $16 million,
or 36 percent, compared with third quarter 2011, primarily due to lower
commercial loan charge-offs and higher commercial mortgage loan
recoveries.

Excluding FDIC covered assets, nonperforming assets were $618 million,
or 0.70 percent of total assets, at December 31, 2011, compared with
$690 million, or 0.83 percent of total assets, at September 30, 2011,
and $890 million, or 1.15 percent of total assets, at December 31, 2010.

Excluding FDIC covered assets, net charge-offs for fourth quarter 2011
were $29 million, down from $43 million for third quarter 2011.
Excluding FDIC covered assets, net charge-offs to average total loans
for fourth quarter 2011 were 0.21 percent annualized, down from 0.36
percent annualized for third quarter 2011. For fourth quarter 2010,
excluding FDIC covered assets, net charge-offs were $64 million, or 0.54
percent annualized of average total loans.

The total provision for credit losses is comprised of the provision for
loan losses and the provision for losses on off-balance sheet
commitments, which is classified in noninterest expense. In fourth
quarter 2011, the provision for loan losses was $7 million and the
provision for losses on off-balance sheet commitments was $2 million.

The allowance for credit losses as a percent of total loans, excluding
FDIC covered loans, was 1.67 percent at December 31, 2011, compared with
1.77 percent at September 30, 2011, and 2.85 percent at December 31,
2010. The allowance for credit losses as a percent of nonaccrual loans,
excluding FDIC covered loans, was 149 percent at December 31, 2011,
compared with 132 percent at September 30, 2011, and 156 percent at
December 31, 2010.

Capital

Total stockholder’s equity was $11.6 billion and tangible common equity
was $8.9 billion at December 31, 2011. The Company’s tangible common
equity ratio was 10.20 percent at December 31, 2011, up 10 basis points
from 10.10 percent at September 30, 2011, and up 53 basis points from
9.67 percent at December 31, 2010. The preliminary Basel I Tier 1 and
Tier 1 common capital ratios at December 31, 2011, were in excess of 13
percent. Additionally, the preliminary Basel I Total risk-based capital
ratio at December 31, 2011, was in excess of 15 percent.

Non-GAAP Financial Measures

This press release contains certain references to financial measures
identified as excluding privatization transaction impact, foreclosed
asset expense, (reversal of) provision for losses on off-balance sheet
commitments, productivity initiative costs, low income housing credit
investment amortization expense, expenses of the consolidated variable
interest entities, merger costs related to acquisitions, or asset
impairment charges, which are adjustments from comparable measures
calculated and presented in accordance with accounting principles
generally accepted in the United States of America (GAAP). These
financial measures, as used herein, differ from financial measures
reported under GAAP in that they exclude unusual or non-recurring
charges, losses or credits. This press release identifies the specific
items excluded from the comparable GAAP financial measure in the
calculation of each non-GAAP financial measure. Management believes that
financial presentations excluding the impact of these items provide
useful supplemental information which is important to a proper
understanding of the Company’s core business results. This press release
also includes additional capital ratios (the tangible common equity and
Basel I Tier 1 common capital ratios) to facilitate the understanding of
the Company’s capital structure and for use in assessing and comparing
the quality and composition of UnionBanCal’s capital structure to other
financial institutions. These presentations should not be viewed as a
substitute for results determined in accordance with GAAP, nor are they
necessarily comparable to non-GAAP financial measures presented by other
companies.

Headquartered in San Francisco, UnionBanCal Corporation is a financial
holding company with assets of $89.7 billion at December 31, 2011. Its
primary subsidiary, Union Bank, NA, is a full-service commercial bank
providing an array of financial services to individuals, small
businesses, middle-market companies, and major corporations. The bank
operated 414 branches in California, Washington, Oregon, Texas and New
York, as well as two international offices, on December 31, 2011.
UnionBanCal Corporation is a wholly-owned subsidiary of The Bank of
Tokyo-Mitsubishi UFJ, Ltd., which is a subsidiary of Mitsubishi UFJ
Financial Group, Inc. Union Bank is a proud member of the Mitsubishi UFJ
Financial Group (MUFG, NYSE:MTU), one of the world’s largest financial
organizations. Visit www.unionbank.com
for more information.

SCHAUMBURG, Ill., Feb 03, 2012 (BUSINESS WIRE) –
Career Education Corporation

/quotes/zigman/66286/quotes/nls/ceco CECO
+2.72%

will report fourth-quarter
and full-year 2011 financial results after market close on Monday,
February 27, 2012, and host a conference call Tuesday, February 28, 2012
at 10:00 a.m. Eastern time.

Interested parties can access the live webcast of the conference call at
www.careered.com
in the Investor Relations section of the website. Participants can also
listen to the conference call by dialing 800-580-9478 (domestic) or
630-691-2769 (international) and citing code 31668922. Please log-in or
dial-in at least 10 minutes prior to the start time to ensure a
connection. An archived version of the webcast will be accessible for 90
days at
www.careered.com
in the Investor Relations section of the website. A replay of the call
will also be available for seven days by calling 888-843-7419 (domestic)
or 630-652-3042 (international) and citing code 31668922.

About Career Education Corporation

The colleges, schools and universities that are part of the Career
Education Corporation (“CEC”) family offer high-quality education to a
diverse student population of approximately 100,000 students across the
world in a variety of career-oriented disciplines through online,
on-ground and hybrid learning program offerings. The more than 90
campuses that serve these students are located throughout the United
States and in France, the United Kingdom and Monaco, and offer doctoral,
master’s, bachelor’s and associate degrees and diploma and certificate
programs.

We are an industry leader whose institutions are recognized globally.
Those institutions include, among others, American InterContinental
University (“AIU”); Brooks Institute; Colorado Technical University
(“CTU”); Harrington College of Design; INSEEC Group (“INSEEC”) Schools;
International University of Monaco (“IUM”); International Academy of
Design & Technology (“IADT”); Le Cordon Bleu North America (“LCB”); and
Sanford-Brown Institutes and Colleges. Through our schools, we are
committed to providing high-quality education, enabling students to
graduate and pursue rewarding career opportunities.

For more information, see our website at
www.careered.com .
The website includes a detailed listing of individual campus locations
and web links to our colleges, schools, and universities.

SOURCE: Career Education Corporation

Career Education Corporation
John Springer, (847) 585-3899
Vice President of Strategy & Investor Relations

www.careered.com

Copyright Business Wire 2012

/quotes/zigman/66286/quotes/nls/ceco

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CECO

Career Education Corp.

$
11.33

+0.30
+2.72%

Volume: 882,625
Feb. 13, 2012 4:00p

ZUG, Switzerland, Feb. 3, 2012 /PRNewswire/ –Noble Corporation (NYSE: NE) today reported that the Companys Board has set the record and payment date for a payment to shareholders in the form of a capital reduction. On April 29, 2011, the shareholders of the Company approved a return of capital to shareholders through a reduction in par value in an aggregate amount equal to 0.52 Swiss francs (CHF) per share, which dividend in the form of par value reduction is to be paid in four equal installments. This installment payment is the third of these installments and will be in the amount of CHF 0.13 per share. The ex-dividend date for the payment of thisthird installment of the capital reduction is expected to beFebruary 9, 2012, with a record date of February 13, 2012and a payment date of February 23, 2012, subject to a required filing with the Swiss Commercial Register.

The third installment of the regular capital reduction will be paid in US dollars based on the CHF/USD exchange rate available approximately two business days prior to the payment date. The par value of the Companys shares is currently CHF 3.41 per share. In connection with the return of capital described above, the par value per share will be reduced by CHF 0.13 to CHF 3.28. While the exact amount of the payment in US dollars is not yet determinable, the CHF/USD exchange rate of CHF 0.9154/1.0 USD as of February 3, 2012 would result in an approximate hypothetical distribution of $0.14 per share. We expect that this distribution will be treated as a qualified dividend for purposes of US taxes.

About Noble Corporation

Noble is a leading offshore drilling contractor for the oil and gas industry. Noble performs, through its subsidiaries, contract drilling services with a fleet of 79 offshore drilling units (including five ultra-deepwater rigs and six jackup drilling rigs currently under construction), located worldwide, including in the Middle East, India, the US Gulf of Mexico, Mexico, the Mediterranean, the North Sea, Brazil, West Africa and Asian Pacific. Nobles shares are traded on the New York Stock Exchange under the symbol NE. Additional information on Noble Corporation is available via the worldwide web at http://www.noblecorp.com.

This news release may contain forward-looking statements about the business, financial performance and prospects of the Company. Statements about the Companys or managements plans, intentions, expectations, beliefs, estimates, predictions, or similar expressions for the future, including any statements regarding the payment of any dividend or capital reduction, the timing and amount of such payment or the anticipated tax treatment of any such payment, are forward-looking statements that involve certain risks, uncertainties and assumptions, including the making of required filings with the Swiss Commercial Register. No assurance can be given that the outcomes of these forward-looking statements will be realized, and actual results could differ materially from those expressed as a result of various factors. A discussion of these factors, including risks and uncertainties, is set forth from time to time in the Companys filings with the US Securities and Exchange Commission.

SOURCE Noble Corporation

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RELATED LINKS

http://www.noblecorp.com

NEW YORK, NY – Medley Capital Corporation (NYSE: MCC) (the Company) today announced the closing of $25 million of additional commitments to its senior secured revolving credit facility (the Credit Facility) led by ING Capital LLC. Total commitments to the Credit Facility are now $85 million and the accordion feature allows the Company to increase the total commitments under the Credit Facility up to $125 million. Barclays Bank PLC joined the lending group and committed $20 million to the facility.  ING Capital LLC increased their existing commitment from $25 million to $30 million.

We are delighted to have Barclays join our lending group and we look forward to working with them as we continue to execute on our business plan said Brook Taube, Chief Executive Officer of Company. We also appreciate INGs continued support of our business.  These additional lending commitments will enable us to continue to grow our investment portfolio at a time when market opportunities remain attractive continued Mr. Taube.

ABOUT MEDLEY CAPITAL CORPORATION

The Company is a newly-organized, externally-managed, non-diversified closed-end management investment company that has filed an election to be treated as a business development company under the Investment Company Act of 1940, as amended. The Companys investment objective is to generate both current income and capital appreciation, primarily through investments in privately negotiated debt and equity securities of middle market companies. The Company is a direct lender targeting private debt transactions ranging in size from $10 to $50 million to borrowers principally located in North America. The Companys investment activities are managed by its investment adviser, MCC Advisors LLC, which is an investment adviser registered under the Investment Advisers Act of 1940, as amended.

SOURCE: Medley Capital Corporation

Medley Capital Corporation

Richard Allorto, 212-759-0777

FREMONT, Calif.–(BUSINESS WIRE)–DiscoveRx Corporation today announced the availability of an industry
leading platform for studying Bromodomains, an emerging class of
epigenetic targets. The new platform designated as BROMOscan(TM), is
based on the proven KINOMEscan(TM) technology and will enable high
throughput screening, selectivity profiling and quantitative K_d
determinations across several sub-families of bromodomains, including
the BET family.

With the recent understanding that epigenetics plays a pivotal role in
inflammation and oncology, now more than ever the drug discovery
community is seeking an enabling platform for high throughput screening
of epigenetic targets

The platform enables screening for selective inhibitors of Bromodomain
epigenetic “reader” proteins that bind and recognize acetylated lysine
residues on histone tails, which are important epigenetic marks
associated with gene expression and regulation. With many drug discovery
programs aimed at identifying small molecules that inhibit Bromodomains,
the availability of a quantitative and high-throughput platform
represents a substantial leap forward and a powerful solution to support
new discovery programs while supporting and expediting existing projects.

“With the recent understanding that epigenetics plays a pivotal role in
inflammation and oncology, now more than ever the drug discovery
community is seeking an enabling platform for high throughput screening
of epigenetic targets,” said Dr. Pyare Khanna, President amp; CEO of
DiscoveRx. “Our goal was to leverage our in-house expertise platforms to
build a high quality, first in class panel of Bromodomain ligand binding
assays.”

With over 25% coverage of the human bromodomain targets anticipated in
the first panel, DiscoveRx extends its leadership position by offering
screening and profiling solutions for key drug targets such as GPCRs,
Kinases, NHRs and now epigenetic targets. This milestone achievement
reaffirms DiscoveRx’s continued commitment to invest in developing
innovative products and solutions for the drug discovery community.

About DiscoveRx Corporation:

Founded in 2000, DiscoveRx is a privately held, venture-backed company
headquartered in Fremont, California, with additional offices in San
Diego, California and Birmingham, England. The Company pioneered the use
of ?-galactosidase enzyme fragment complementation (EFC) in HitHunter^®
biochemical and PathHunter^® cell based assays for discovery
research. In addition to the EFC platform, DiscoveRx also holds
extensive intellectual property for its second core technology, an in
vitro binding assay platform called KINOMEscan(TM). Utilizing
these two proprietary platforms, DiscoveRx has developed and
commercialized industry leading panels of GPCR, Kinase, and NHR assay
solutions for drug discovery research. Many of DiscoveRx’s innovative
solutions have been widely adopted in pharmaceutical, academic and
biotechnology laboratories worldwide. For more information, visit www.discoverx.com

NEW YORK, NY, Feb 03, 2012 (MARKETWIRE via COMTEX) –
PennantPark Investment Corporation (the “Company”)

/quotes/zigman/106143/quotes/nls/pnnt PNNT
-1.12%

announced today that both Standard & Poor’s Ratings Services and
Fitch Ratings Services assigned it credit ratings of BBB-.

“We are extremely pleased with the investment grade ratings assigned
to us by Standard & Poor’s and Fitch and believe that they are a
reflection of the institutionalization of our strategy, team and
processes as well as the credit quality and investment performance of
our portfolio over the long run,” said Arthur Penn, Chairman and
Chief Executive Officer.

ABOUT PENNANTPARK INVESTMENT CORPORATION
PennantPark Investment
Corporation is a business development company which principally
invests in U.S. middle-market private companies in the form of senior
secured loans, mezzanine debt and equity investments. PennantPark
Investment Corporation is managed by PennantPark Investment Advisers,
LLC.

FORWARD-LOOKING STATEMENTS
This press release may contain
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. All statements other than
statements of historical facts included in this press release are
forward-looking statements and are not guarantees of future
performance or results and involve a number of risks and
uncertainties. Actual results may differ materially from those in the
forward-looking statements as a result of a number of factors,
including those described from time to time in filings with the
Securities and Exchange Commission. The Company undertakes no duty to
update any forward-looking statement made herein. All forward-looking
statements speak only as of the date of this press release.

CONTACT:
Aviv Efrat
PennantPark Investment Corporation
(212) 905-1000

www.pennantpark.com

SOURCE: PennantPark Investment Corporation

http://www.pennantpark.com/

Copyright 2012 Marketwire, Inc., All rights reserved.

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PNNT

PennantPark Investment Corp.

$
10.55

-0.12
-1.12%

Volume: 171,617
Feb. 9, 2012 11:43a

MONTREAL, QUEBEC, Feb 03, 2012 (MARKETWIRE via COMTEX) –
TOMAGOLD CORPORATION

/quotes/zigman/7992709 CA:LOT
+6.06%

(“TomaGold” or the
“Company”) – is pleased to announce the beginning of a 3,000 metres,
21 holes, drill program on the 100% owned Monster Lake Property
located to the southwest of the Chapais-Chibougamau mining districts.

The Monster lake property was recently acquired by TomaGold, along
with two other gold projects (Urban and Vassan), from Stellar Pacific
Ventures inc. Over the past two years, Stellar drilled 46 diamond
drill holes (5,235 m) on gold bearing structures defined along a 4 km
long NNE striking mineralized corridor. The mineralization is related
to dark quartz-sulphide veins within an altered shear zone ranging
from 3 to 10 metres in width in basaltic units.

Significant results were obtained by Stellar all along the
mineralized system. The following table is a summary of the best
intercepts (2010 and 2011 programs):

———————————————————————–
—–
Drill Hole From To Length g/t Au Sector
# m m m
—————————————————————————-
M-01-10 33,2 34,1 0,9 3,76 Megane
M-02-10 49,00 50,00 1,00 3,80 Megane
54,20 55,20 1,00 2,22
M-06-10 23,00 25,00 2,00 2,49 Megane
M-11-10 159,00 160,00 1,00 1,36 52
165,00 165,90 0,90 1,83
166,40 168,00 1,60 1,18
M-15-10 79,00 83,00 4,00 3,19 52
M-16-10 46,00 50,60 4,60 5,33 Indice 325
M-17-10 62,40 63,00 0,60 2,11 Indice 325
69,50 71,40 1,90 1,10
M-18-10 67,70 69,00 1,30 1,17 Indice 325
78,00 83,00 5,00 5,38
M-25-11 46,00 47,00 1,00 2,23 Indice 325
49,50 51,50 2,00 76,53
53,00 55,00 2,00 8,26
M-28-11 40,00 43,00 3,00 1,54 Indice 325
M-29-11 39,00 40,00 1,00 1,68
M-31-11 22,00 24,00 2,00 2,54
M-36-11 86,00 88,00 2,00 1,85 Indice 325
95,00 97,00 2,00 8,38
M-37-11 100,00 100,00 1,00 2,21
103,00 105,00 2,00 19,37 Indice 325
M-38-11 96,00 99,00 3,00 7,22 Indice 325
M-40-11 104,00 105,00 1,00 1,85 Indice 325
M-43-11 131,00 132,00 1,00 11,07 Indice 325
M-44-11 119,00 121,00 2,00 1,47 Indice 325
125,00 129,00 4,00 4,92
M-45-11 112,00 114,00 2,00 1,56 Indice 325
121,00 122,00 1,00 4,81
M-47-11 106,00 107,00 1,00 1,79 Indice 325
M-48-11 23,00 24,00 1,00 1,53 Cominco
28,00 29,00 1,00 4,05
—————————————————————————-
No cut off grade was applied. True thickness is estimated at 80% of core
length.

The Company intends to pursue Stellar's definition drilling program in
following up on surface mineralization as defined by intensive
stripping and channel sampling in the summer and fall of 2011. The
Company will test several sectors of the mineralized system,
including newly discovered zones in the south of the property and the
well-known Eratix showing in the centre of the property.

ABOUT MONSTER LAKE PROPERTY

The Monster Lake property is located 44 kilometres South-West of the
town of Chibougamau in northern Quebec. It is easily accessible by
road and has a major power line nearby. From 1984 to 1995 SOQUEM
drilled 142 holes for nearly 20,000 meters of diamond drill core and
excavated several trenches along this 4 kilometre long mineralized
corridor. Before Stellar's drilling, there were more than 45 known
intersections of greater than 1 g/t Au from drill core or channel
samples. The 3 principal showings, Eratix, Zone IV & III and Zone 52,
have been drilled at 50 meter interval, but for the most part with
only one hole per section, leaving several now economic intersections
wide open, along strike and at depth.

The technical content of this press release have been reviewed and
approved by Mr. Maurice Giroux, a qualified person as defined in NI
43-101 regulation.

Neither the TSX Venture Exchange nor its regulation services provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this news
release.

Contacts:
TomaGold Corporation
Mr. David Grondin
President and CEO
(514) 206 7727

www.tomagoldcorp.com

SOURCE: TomaGold Corporation

http://www.tomagoldcorp.com

Copyright 2012 Marketwire, Inc., All rights reserved.

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