Latest Double Crown Resources Inc (DDCC) Headlines
Post# of 26
Double Crown Resources Receives 1st Purchase Order for High Grade Barite
Business Wire - Tue Feb 25, 7:30AM CST
Feb. 25, 2014 -- Double Crown Resources, Inc. (OTCQB DCC), a fully reporting company, (hereinafter, "Double Crown"), today announces its first purchase order has been received for supply of the strategic mineral barite, a key commodity needed for hydraulic fracturing in oilfield drilling operations. Full payment for this order is due to Double Crown's account within 30 days which will mark the company's first revenue generation from its primary business plan of oilfield supply and services. This initial order represents the first of many being planned in a long-term arrangement with the customer. A multi-year sales agreement is being prepared for continual shipments of the barite product to support the customer's active and ongoing oilfield drilling program. Purchase orders for barite and other drilling products with additional customers worldwide are also anticipated to follow in the near term. Double Crown will release dollar value figures and further information for its orders in upcoming announcements and its regular SEC filings.
Double Crown Resources Lists Accomplishments Leading to Current Readiness for Major Oilfield Service Projects
Business Wire - Tue Feb 18, 7:30AM CST
Feb. 18, 2014 -- Double Crown Resources, Inc. (OTCQB DCC), a fully reporting company, is pleased to provide a convenient review & recap of its most significant accomplishments to date for the benefit of our business relations and shareholders. These developments have brought the company to its current state of capability and readiness for the fulfillment of major oilfield service projects on a worldwide basis. Together, the points covered below have made it possible for our management to present Double Crown Resources to the oilfield drilling industry and prove that we are ready to serve their operational needs for top quality, high efficiency and environmentally friendly supply of strategic minerals and related commodities needed in both on-shore & off-shore drilling projects. As a result of these accomplishments our first sales contract proposals are currently being considered by several top-level companies in the petroleum production industry.
Double Crown Resources Enters Contractual Strategic Alliance with Logistica US for Major Oilfield Supply Projects
Business Wire - Wed Jan 29, 7:30AM CST
Jan. 29, 2014-- Double Crown Resources, Inc. (OTCQB DCC), a fully reporting company (hereinafter, "Double Crown"), is proud to announce the formation of a new contractual strategic alliance with Logistica US Terminals, LLC, a subsidiary of Logistica Integral en Transportacion S.A de C.V. (http://logisticaintermodal.com) to allow for fulfillment of multiple high-value oilfield service projects currently in late stage development. This very well suited business relationship has culminated from many months of careful research and planning by representatives of both companies. As previously announced by Double Crown on April 16, 2013, Logistica US will provide large quantities of key minerals and related materials needed by oilfield drillers for both on-shore and off-shore operations.
Double Crown Resources Wins Legal Case
Business Wire - Mon Dec 09, 8:00AM CST
Dec. 9, 2013 -- Double Crown Resources, Inc. (OTCQB DCC), a fully reporting company (hereinafter, "Double Crown"), is very pleased to inform its shareholders that a legal action brought against the company, its officers and some associates on May 6, 2013 has now been dismissed with prejudice by the court system. The case was concluded without damages or penalties to Double Crown and will therefore no longer be a factor effecting our operations, finances or future plans. This is the most positive outcome of the case possible for Double Crown and a full vindication of management's ongoing mission to work wholeheartedly for enhancement of DDCC shareholder value.
Net Worth Commerce With Terry Bradshaw to Feature Double Crown Resources
PRWeb - Thu Nov 07, 8:43AM CST
The producers of Net Worth Commerce with Terry Bradshaw are pleased to announce that Double Crown Resources, Inc. (DDCC) will be featured in an upcoming segment on topics, trends, and issues related to "Leading Developments Emerging in the Exploration and Mining Industry" as part of the show's "Global Industry" series.
Double Crown Resources Advances Plans for 1st Large Scale Strategic Minerals Project and Commercial Employment of New Transprop AGG Transport System
Filing Services Canada - Tue Nov 05, 7:30AM CST
Double Crown Resources, Inc. (DDCC - OTCQB),a fully reporting company (hereinafter, "Double Crown"), is pleased to announce that plans are moving forward to finalize a contract for the company's 1st major project to supply strategic minerals for oilfield drilling operations in association with the Master Purchase Agreement (MPA) initially announced on October 23rd. The materials customer is meeting with Double Crown management this week in Houston to finalize details of their development stage sales agreement so that it may be converted into a formal contract that can be signed very soon. The customer's representatives will also be able to see, for the first time, our completed Transprop AGG aggregate materials transport system which has now arrived in Houston and is set-up for functional demonstrations at a location just minutes from Double Crown's new marketing office there.
Double Crown Resources Announces 4th Private Placement Funding of 2013, Total for the Year Reaches $690,000
Business Wire - Tue Oct 29, 7:00AM CDT
Oct. 29, 2013--Double Crown Resources, Inc. (OTCQB DCC), a fully reporting company (hereinafter, "Double Crown"), is pleased to announce a 4th round of non-brokered private placement funding totaling $359,000 has been received by the company from May 1st through October 25th bringing the grand total for 2013 over $690,000. In return for these cash infusions from individuals who wished to support and invest in Double Crown, restricted shares were issued which cannot be traded in the open market until after a six month holding period. The 3rd and 4th round placement restricted shares were priced at the .01 level which is 100% higher than those from the initial 2013 placement rounds, reflecting company progress and advancement of our business plans.
Double Crown Resources Announces Master Purchase Agreement for Large Scale Mineral Shipments, Lease of Strategic Mineral Processing Plant and Commercial Launch of New Aggregate Material Transport System
Business Wire - Wed Oct 23, 7:30AM CDT
Oct. 23, 2013--Double Crown Resources, Inc. (OTCQB DCC), a fully reporting company (hereinafter, "Double Crown"), would like to provide follow-up to its news of June 18th this year. Great progress has been made on our primary projects involved in supplying oil industry clients with the vital industrial minerals and related products needed for hydraulic fracturing and off-shore drilling operations. A Master Purchase Agreement (MPA) has been executed to support high value contracts which are near closing, for industrial quantities of strategic minerals. More details will be forthcoming on this MPA as soon as possible. Additionally, Double Crown has now signed an exclusive lease agreement for full use of an established mineral processing plant located in New Orleans, LA. Further, the company is very pleased to announce that its high efficiency, single transfer aggregate material transport system, named Transprop AGG, has now been fine-tuned and is ready to go into mass production and immediate commercial use. The Transprop AGG represents a game changing development in the handling & delivery of all types of high volume aggregate cargo, especially for the oilfield service industry. These are all major steps forward in Double Crown's current business plans.
Double Crown Resources Reports Progress on Multiple High Value Projects Currently Underway
Marketwire - Tue Jun 18, 7:30AM CDT
Double Crown Resources, Inc. (OTCQB: DDCC), a fully reporting company (hereinafter, "Double Crown"), would like to update investors today on significant progress with some of the major projects currently under development. The projects listed below are all focused on the company's new business venture of oilfield service & supply which is in addition to the gold & mineral mining of Double Crown's original business plan.
Double Crown Resources Covered by SectorWatch News Report on Oilfield Services
Marketwire - Thu May 23, 8:00AM CDT
Double Crown Resources, Inc. (OTCQB: DDCC), a fully reporting company, invites investors and interested parties to review a SectorWatch video news feature issued by Mike Elliott, Executive Producer of CEOLIVE. Mr. Elliott's report covers the increasing need by oil & gas industry developers to have access to large quantities of key commodities such as high quality fracturing (frac) sand and minerals like barite (barium sulfate) from mining operations.
Double Crown Resources Reports on Gold and Mineral Mining Project at Bateman Property
Marketwire - Thu May 02, 9:00AM CDT
Double Crown Resources, Inc. (OTCQB: DDCC), a fully reporting company (hereinafter, "Double Crown"), would like to update shareholders on the status and latest developments with the company's 100% owned Bateman gold & mineral mining property located in the Shebandowan Greenstone Belt area of Thunder Bay, Ontario. Based on all available geologic research material, the management of Double Crown believes that the Bateman property hosts potential for large tonnage, low grade gold and nickel-cobalt platinum group metals (PGM) deposits. Previous exploration completed at Bateman has already proven the Timiskaming conglomerate units are gold bearing in various locations. Professional estimates have indicated Bateman may contain 500,000 oz of gold or more. Geologic experts have also speculated that the property has the potential to yield diamond deposits. Double Crown management intends to fully investigate all options for the best possible actions to take with this property.
Double Crown Resources Announces 3rd Private Placement Funding of 2013, Total Now Over $331,000
Marketwire - Tue Apr 30, 8:03AM CDT
Double Crown Resources, Inc. (OTCQB: DDCC), a fully reporting company (hereinafter, "Double Crown"), is pleased to announce a 3rd non-brokered private placement funding of $75,000 has been received by the company bringing the grand total for 2013 over $331,000 to date. This latest direct financial support has come from Mr. Alexander Fernandez, President of Double Crown's established marketing partner company, PetroIntel Global, LLC (www.petrointelglobal.com) and also his Taiwan-based petroleum industry investment group associates. In return for this immediate cash infusion, restricted shares were issued which cannot be traded in the open market until after a six month holding period. These restricted shares were priced at the .01 level which is 100% higher than the initial 2013 private placements, denoting recent appreciation in DDCC share value and also continued progress with Double Crown's developing projects.
Double Crown Resources Receives Additional Private Placement Funding, 2013 Total Now Over $256,000
Marketwire - Tue Apr 23, 8:05AM CDT
Double Crown Resources, Inc. (OTCQB: DDCC), a fully reporting company (hereinafter, "Double Crown"), is pleased to announce that a new, non-brokered private placement funding of $80,000 has recently been received by the company, bringing the total for 2013 over $256,000 to date. The latest cash infusion has come from a private individual who is not directly affiliated with Double Crown but has been a significant, long-term investor in the company. In return for this immediate financial support, restricted shares were issued which cannot be traded in the open market until after a six month holding period. These restricted shares were priced at the .0072 level which is higher than the previous private placements, reflecting recent appreciation in DDCC share value.