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FinancialNewsMedia.com Breaking News Alert: SRGL, NLST, ATVI, CIM -- November 15, 2011

Source Gold Corp (OTCBB: SRGL) Updates Plans to Expand US based Operations

 
PRLog - Nov. 15, 2011 - CORAL SPRINGS, Fla. -- CORAL SPRINGS, FL--(Marketwire - November 15, 2011) - FinancialNewsMedia.com "stocks in the news" for today:  Source Gold Corp. (OTCBB: SRGL), Netlist, Inc. (NASDAQ: NLST), Chimera Investment Corporation (NYSE: CIM),  and  Activision Blizzard Inc., (NASDAQ: ATVI).


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This morning just before the markets opened for trading, Source Gold Corp. (OTCBB: SRGL) is pleased to announce that recent geologic mapping of the Vulture Mountains and adjacent ranges has established that the area has undergone large-magnitude extension as a result of rotational normal faulting. Geologic mapping in the Vulture Mine area indicates that this area has been faulted and tilted like most of the range and that the Vulture Mine deposit has been tilted approximately 80 degrees (reference report authored by Stephen J. Reynolds et al. Filed with Arizona Geologic Survey). Drill hole assay data show that mineralization is associated with a dike that extends from the structural top of a Cretaceous pluton. Fluid-inclusion studies indicate that mineralization at the Vulture Mine deposit occurred within a larger system of circulation aqueous fluids in which temperature and salinity increased down toward a crystallizing magma body.
Source Gold expects to acquire several gold claims within this area of Arizona and the surrounding region. Some properties show some advanced stage mineral workings and the company will continue their due diligence regarding this gold and silver expansion. Lauren Notar, President of Source Gold, "We feel with our current position and with any future additions to our land package, our company has a competitive advantage with this region."
The stock closed yesterday at Fourteen cents a share.  
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Netlist, Inc. (NASDAQ: NLST) up 25.4% on 2.3Mil shares traded
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Chimera Investment Corporation (NYSE: CIM) up 8.63% on 4.2Mil shares traded
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Activision Blizzard Inc., (Nasdaq: ATVI)  down 3.59% on 6.3Mil shares traded

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This release is not without bias, and is considered a conflict of interest if compensation has been received by FNMG for its dissemination.  To comply with Section 17(b) of the Securities Act of 1933, FNMG shall always disclose any compensation it has received, or expects to receive in the future, for the dissemination of the information found herein on behalf of one or more of the companies mentioned in this release.  For current services performed for American Source Gold Corp. (OTCBB: SRGL) ,FNMG was compensated a total of One Thousand Dollars by a third party who is non-affiliated that may hold a significant position in the stock.  Readers viewing this release should assume the Third Party or affiliates of the third party own shares of the company mentioned which they plan to liquidate, further understanding that the liquidation of those shares may or may not negatively impact the share price.  Any additional compensation or expectation to receive additional compensation will be disclosed at such time that FNMG is properly notified.   FNMG HOLDS NO SHARES OF (OTCBB: SRGL) or any stock mentioned in this release.  
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

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