SOURCE: Obsidian Financial Communications, Inc.

Obsidian Financial Communications, Inc.

May 31, 2012 09:13 ET

Stock Market News for Thursday May 31, 2012: NVMN, ATR, VALE

The Following Is an Investment Opinion Being Issued by the Obsidian Financial Communications Inc

NEW YORK, NY--(Marketwire - May 31, 2012) - announces the following stocks to its Stock Market Morning News., the investor's choice for small-cap alerts, provides stock alerts of the most active small to big cap stocks for early signs of potentially big stock moves. Early timing is critical for catching these potentially explosive stock moves. To receive our FREE OFC Stock Alert Newsletter and get more early alerts, please visit our website:

NVMN Signs New Agreements on South American Gold & Diamond Mining Venture
Nova Mining Corp. (PINKSHEETS: NVMN) announced today (5/31/12) that the Company has extended the Option Agreement with Natural Resources Recovery Guyana (NRRG) regarding the five diamond, gold and timber harvesting concessions totaling 2,567 hectares (6,000 acres) in Northeastern Guyana, South America. Recent geological reports supplied by NRRG during the Due Diligence have shown a significant presence of diamonds on the concessions. The concessions are located in the Upper Cuyuni Basin - Greenstone Belt, Guyana, between the country's border with Brazil and Venezuela. All permitting and mining licenses have been secured from the Guyana Mining Commission and verified by a Guyana-based law firm specializing in mineral rights.

Subject to affirming the assertions by NRRG, Nova Mining management believes that acquiring an interest in NRGG's Guyana concessions could prove to be a very lucrative move for the Company. Under the Agreement, both parties are to negotiate, in good faith, an Investment and Profit Sharing Agreement (IPSA) related to the concessions.

Nova Mining Corp. (PINKSHEETS: NVMN) strongly believes that current market conditions are extremely favorable for diamond prices and sales due to the new significant demand being placed on the existing worldwide diamond supply. New manufacturing methods requiring superior cutting materials, the need for more diamond tipped oil drilling bits and rapidly rising demand in Asia resulted in a staggering price increase of 49% in the first half of 2011, accelerating after two years of 30% annual growth. Due to these steadily increasing market trends, the Company is initially focusing on diamonds, but is also looking to build a mining asset portfolio that contains lithium, copper and gold resources.

To view the full press release for Nova Mining Corp. (PINKSHEETS: NVMN), visit

Other Highlights Include:

AptarGroup to Expand Pharma Solutions Portfolio with the Acquisition of the Stelmi Group
AptarGroup, Inc. (NYSE: ATR) announced on 5/30/12, it has signed an agreement to acquire the Stelmi Group ("Stelmi"), a maker of elastomer primary packaging components for injectable drug delivery. This strategic acquisition expands AptarGroup's portfolio of solutions that it provides to the pharmaceutical industry. Under the terms of the agreement, AptarGroup will acquire Stelmi for an enterprise value of approximately EUR 165 million (approximately $207 million). The purchase will be financed with available cash. The transaction, which is subject to certain regulatory approvals, is expected to close in the third quarter of this year. Established in 1964, Stelmi operates two manufacturing plants located in the Normandy region of France near Aptar's existing pharma facilities and also has an R&D center located near Paris. Stelmi had revenues of approximately EUR 83 million (approximately $104 million) in 2011 and has achieved EBITDA (earnings before interest, taxes, depreciation and amortization) margins that were in the range of 21-25% over the past 3 years.

Goldman Signs Deal With VALE
According to Reuters, a unit of Colombian Natural Resources, the mining company managed by The Goldman Sachs Group Inc. (NYSE: GS), has entered into an agreement with Brazil-based Vale S.A. (NYSE: VALE). Through this deal, Goldman will purchase thermal coal assets worth $407 million from Vale in Colombia. As per terms of the agreement, Vale has agreed to conduct the sale in cash. Moreover, the deal includes selling of Vale's El Hatillo coal mine, the Cerro Largo deposit and a port terminal on the Atlantic coast of Colombia. Additionally, an 8.4% stake in the railway, which links the port with the mines, will be sold. The transaction awaits regulatory approval from the Colombian government.

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All material herein was prepared by Obsidian Financial Communications, Inc. (OFC) based upon information believed to be reliable. The information contained herein is not guaranteed by OFC to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. OFC is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. Nova Mining Corp. (NVMN) - Obsidian Financial Communications Inc. (OFC) has been compensated one hundred twenty five thousand ($125,000) dollars by a third party for NVMN. We could receive up to another one hundred twenty five thousand ($125,000) dollars for NVMN from this same third party. In addition to any compensation mentioned above, additional compensation can be equal to ten percent of any newly issued or registered securities of the profiled companies. OFC's affiliates, officers, directors and employees may own shares and intend to buy and sell additional shares of the companies mentioned herein and may profit in the event those shares rise in value. OFC will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market. To see OFC's full disclaimer / compensation, please visit our web site:

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