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Business News on August 28, 2011


Crosshair to Oppose All Resolutions at AusAm EGM
Crosshair Exploration & Mining Corp. (TSX: CXX)(NYSE Amex: CXZ) ("Crosshair") has called on fellow shareholders of Australian American Mining Corporation Limited ("AusAm") to oppose the resolutions proposed for a general meeting of AusAm shareholders on September 9, 2011. MarketWire

Crosshair Proposal to Acquire Uranium Assets From Australian American Mining
Crosshair Exploration & Mining Corp. (TSX: CXX)(NYSE Amex: CXZ) ("Crosshair") has delivered a proposal to Australian American Mining Corporation Limited ("AusAm") for the acquisition of AusAm's United States uranium assets, namely the Apex/Lowboy Project, Lone Star Project and Rio Puerco Project (the "AusAm Uranium Assets"). MarketWire

China Infrastructure Investment Corporation to Hold Board Meeting
The board of directors of China Infrastructure Investment Corporation (NASDAQ: CIIC) announced today that it will hold a meeting to review the evaluation of the pending new asset proposed by the Company's majority shareholder as the partial repayment for the related party loans and to review the write-off of related party loans process. MarketWire

South Shore Resources Announces Appointment of Director
South Shore Resources Inc. (PINKSHEETS: SSHO) wishes to announce the appointment of Mr. Garth D. Jensen to the positions of President, Treasurer, Chief Financial Officer and a member of the Board of Directors. MarketWire

ASI Federal Credit Union Launches Coalition of Non-Profits and Businesses to Enable Locals to Lend to New Orleans Small Businesses
ASI Federal Credit Union, a not-for-profit financial cooperative committed to strengthening the financial health of underserved communities, is launching a coalition of non-profits to unveil Kiva New Orleans, a first-of-its-kind program that enables locals in the community to support rebuilding the New Orleans economy by making microloans to local small businesses. MarketWire

Simraceway(TM) Establishes Real World Racing Facility at Infineon Raceway
Ignite Game Technologies, the online gaming company focused on building a new form of auto racing game -- simraceway (http://simraceway.com/) -- today announced it has established a real world racing facility in partnership with the Jim Russell Racing Drivers School MarketWire

Game, Set and Match for the 2011 Sony Ericsson Xperia(TM) Hot Shots
- Sony Ericsson's tennis activation campaign for 2011 comes to a close with a glittering finale in New York - GlobeNewswire

Sony Ericsson reveals Sabine Lisicki as the winner of the Xperia(TM) Hot Shots
Saturday 27th August 2011: Today, after months of anticipation SABINE LISICKI was announced as the winner of the Sony Ericsson Xperia(TM) Hot Shots competition at the Red Bull Studios in New York GlobeNewswire

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