CRWE Newswire France

Crude Carriers Corp. (NYSE:CRU) announced that it will release financial results for the second quarter ended June 30, 2011, before the market opens in New York on Friday, August 5, 2011. Following the earnings release, on the same day, Friday, August 5, 2011, at 10:00 a.m. EDT, the Crude Carriers management team will hold a conference call to discuss the financial results.

Crude Carriers Corp. is a Marshall Islands corporation focusing on the maritime transportation of crude oil cargoes.

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Majestic Gold Corp. (MJS.V)

Majestic Gold Corp. is a Vancouver-based; TSX Venture Exchange and Frankfurt Exchange listed gold exploration and Development Company with a very advanced gold deposit in Shandong province of China. At present, Majestic Gold Corp. is aggressively pursuing a pre-feasibility study.

Gold ore is generally brown iron-tinged rock or massive white quartz. Gold is found in nature in the state of a free metal and a compound of tellurium known as telluride. Gold occurs in different kinds of rocks. Load deposits which are the main deposits of gold, are formed by geological processes. These deposits can be commercially exploited. Gold deposits are generally found in volcanic and sedimentary rocks. These deposits are formed due to circulation of hot ground water.

Majestic Gold Corp. (MJS.V) has arranged a $10,000,000 loan to advance its Song Jiagou project in China. Nine million dollars ($9,000,000) from the proceeds from the loan will be used by the Company to in connection with its Song Jiagou project and the balance of one million dollars ($1,000,000) for general working capital purposes.

The loan will have a one year term and loan principal will be convertible at the option of the lender in whole or in part into common shares (”Shares”) of the Company until twelve months from the date of the loan advance at the price of $0.205 per Share. The loan will bear interest at the rate of 7.5% per annum, payable on maturity, and accrued and unpaid interest will be convertible at the option of the lender in whole or in part into shares of the Company until twelve months from the date of the loan advance at Market Price at the time of conversion.

The lender is at arm’s length from the Company and will not become an insider as a result of any conversion of principal and interest. All shares issued on any conversion of loan principal or interest will be subject to a four month hold period from the date of advance of loan proceeds. The loan is subject to acceptance by the TSX Venture Exchange.

As additional consideration for the loan, the Company has agreed to forward at least $9 million to Majestic Yantai Gold Ltd., a British Virgin Islands company owned 94% by the Company to be used to further advance its Song Jiagou project. The Borrower has also agreed to a 90 day period for reciprocal due diligence reviews and discussions for the possible further involvement of the Lender in the Song Jiagou project.

In the event that no further agreement is reached between the Lender and the Company during the 90 day period, then the loan and a minimum of seven (7) months interest will automatically convert to shares in the Company at a price of $0.205 per share and the interest at Market Price respectively. In addition the Company is pleased to announce that it has arranged a non-brokered private placement of up to 15,000,000 shares to be issued at the price of $0.20 per share for gross proceeds of $3,000,000.

For more information, please visit their website: http://www.majesticgold.net

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Granite Construction Incorporated (NYSE:GVA) announced that James H. Roberts, president and chief executive officer, will present at the Jefferies Global Industrial and A&D Conference in New York on Tuesday, August 9, 2011. Granite invites investors and those interested to listen to a live webcast of its presentation via the Internet at www.graniteconstruction.com. August 9, 2011 at 10:00 a.m., Eastern time.
Granite Construction Incorporated is a member of the S&P 400 Midcap Index, the FTSE KLD 400 Social Index and the Russell 2000 Index.

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Hartford Financial Services Group Inc. (NYSE:HIG) declared a quarterly dividend of $0.10 per share of Common Stock, payable on October 3, 2011, to shareholders of record at the close of business on September 1, 2011. The board also declared a dividend of $18.125 on each share of the Series F Preferred Stock of the company (equivalent to $0.4531 per depository share) payable on October 3, 2011 to shareholders of record at the close of business on September 15, 2011.

The Hartford Financial Services Group Inc. is a leading provider of insurance and wealth management services for millions of consumers and businesses worldwide.

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