Thursday, August 5, 2010

BUY LOW TO SELL HIGHER: Yamana Gold announces 33 percent increase in dividend

Yamana Gold announces 33 percent increase in dividend

TORONTO, Aug. 5 /CNW/ - YAMANA GOLD INC. (TSX:YRI; NYSE:AUY; LSE:YAU) announced yesterday that it has further increased its dividend. All dollar amounts are expressed in United States dollars unless otherwise specified.

The Board of Directors has approved an increase in Yamana's dividend to an annualized $0.08 per share, or $0.02 per share per quarter. This represents a 100 percent increase over the 2009 annualized dividend of $0.04 per share, or $0.01 per share per quarter and a 33 percent increase over the annualized dividend increase to $0.06 per share, or $0.015 per share per quarter announced last quarter.

The dividend increase will be in effect for the third quarter dividend, payable on Thursday, October 14, 2010, to holders of record at the close of business on Thursday, September 30, 2010. The dividend is an "eligible dividend" for Canadian tax purposes.

Yamana is committed to delivering value to shareholders including cash value by means of dividends and it will continue to periodically evaluate the dividend level as its cash flows increase.

About Yamana

Yamana is a Canadian-based gold producer with significant gold production, gold development stage properties, exploration properties, and land positions in Brazil, Argentina, Chile, Mexico and Colombia. Yamana plans to continue to build on this base through existing operating mine expansions, throughput increases, development of new mines, the advancement of its exploration properties and by targeting other gold consolidation opportunities with a primary focus in the Americas.

YRI.TO - Yamana Gold Inc Com Npv (TSX)

DateOpenHighLowLastChangeVolume% Change
08/04/109.9809.9809.8509.930+0.1702590721+1.74 %

Printable Chart
Chart for Yamana Gold Inc Com Npv

YRI.TO - Yamana Gold Inc Com Npv (TSX)

DateOpenHighLowLastChangeVolume% Change
08/04/109.98009.98009.85009.9300+0.17002590721+1.74%

Composite Indicator
Trend Spotter TMSell
Short Term Indicators
7 Day Average Directional IndicatorBuy
10 - 8 Day Moving Average Hilo ChannelBuy
20 Day Moving Average vs PriceBuy
20 - 50 Day MACD OscillatorSell
20 Day Bollinger BandsHold
Short Term Indicators Average: 40% - Buy
20-Day Average Volume - 2580076
Medium Term Indicators
40 Day Commodity Channel IndexHold
50 Day Moving Average vs PriceSell
20 - 100 Day MACD OscillatorSell
50 Day Parabolic Time/PriceBuy
Medium Term Indicators Average: 25% - Sell
50-Day Average Volume - 2987863
Long Term Indicators
60 Day Commodity Channel IndexHold
100 Day Moving Average vs PriceSell
50 - 100 Day MACD OscillatorSell
Long Term Indicators Average: 67% - Sell
100-Day Average Volume - 3705142
Overall Average: 16% - Sell

YRI.TO - Yamana Gold Inc Com Npv (TSX)

DateOpenHighLowLastChangeVolume% Change
08/04/109.98009.98009.85009.9300+0.17002590721+1.74%

Today's Opinion:
16% Sell
Yesterday's Opinion:
64% Sell
Last Week's Opinion:
80% Sell
Last Month's Opinion:
72% Sell

Ratings:
Strength:
Direction:
0-1010-2020-3030-4040-5050-6060-7070-8080-9090-100

YRI.TO - Yamana Gold Inc Com Npv (TSX)

DateOpenHighLowLastChangeVolume% Change
08/04/109.98009.98009.85009.9300+0.17002590721+1.74%

Composite Indicator -- Signal -- -- Strength -- -- Direction --
Trend Spotter (TM)SellWeakWeakest
Short Term Indicators
7 Day Average Directional IndicatorBuyMinimumStrongest
10 - 8 Day Moving Average Hilo ChannelBuyMinimumStrongest
20 Day Moving Average vs PriceBuyMinimumStrongest
20 - 50 Day MACD OscillatorSellMaximumWeakest
20 Day Bollinger BandsHold Bullish
Short Term Indicators Average: 40% - Buy
Medium Term Indicators
40 Day Commodity Channel IndexHold Bullish
50 Day Moving Average vs PriceSellAverageWeakest
20 - 100 Day MACD OscillatorSellAverageStrengthening
50 Day Parabolic Time/PriceBuyWeakStrongest
Medium Term Indicators Average: 25% - Sell
Long Term Indicators
60 Day Commodity Channel IndexHold Bullish
100 Day Moving Average vs PriceSellWeakWeakest
50 - 100 Day MACD OscillatorSellMinimumStrongest
Long Term Indicators Average: 67% - Sell
Overall Average: 16% - Sell

Questerre launches French shale drilling video QEC-T:Ready To Run Again! News Pending!

Questerre launches French shale drilling video

/NOT FOR DISTRIBUTION ON U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

CALGARY, July 22 /CNW Telbec/ - Questerre Energy Corporation ("Questerre" or the "Company") (TSX,OSE:QEC) launched a video today explaining how natural gas is extracted from shale rock in the St. Lawrence Lowlands. The video, available in both French and English at www.questerre.com, provides factual information on the horizontal drilling and hydraulic fracturing processes used in Québec.

"This French language video is the first of its kind. It is an excellent tool to explain shale gas processes and demonstrates Questerre's commitment to transparency in all of our operations," says Michael Binnion, President and CEO of Questerre Energy.

Questerre was the first-mover in Québec with our current land position taken in 1998. The Company holds over one million gross acres in the St. Lawrence Lowlands. With our partners, Questerre has drilled 9 wells and completed 25 hydraulic fractures in Québec. Netherland, Sewell & Associates, Inc., ("NSAI") an independent reservoir engineering firm based in Texas, estimates that the recoverable gas from Questerre's net acreage is in the range of 4.28 Tcf, an amount that could meet the needs of Quebeckers for the next 20 years.

"Our small company had a dream that natural gas in the St. Lawrence Lowlands could make Quebec energy independent and create a local industry with high paying jobs. Although we are still in the exploration phase, we believe that we are very close to seeing our dream become a reality. We want Quebeckers to have the facts they need to make informed choices about how to safely and responsibly develop this resource."

The video is available on the Questerre website at www.questerre.com

Questerre Energy Corporation is an independent energy company focused on shale gas in North America. The Company is concentrated on establishing commerciality of its Utica shale gas discovery in the St. Lawrence Lowlands, Québec. Questerre is committed to the economic development of its resources in an environmentally conscious and socially responsible manner.

This news release does not constitute an offer of securities for sale in the United States. These securities may not be offered or sold in the United States absent registration or an available exemption from registration under the United States Securities Act of 1933, as amended.

For further information: Anela Dido, Investor Relations, Questerre Energy Corporation, 403-777-1185, 403-777-1578 (FAX), Email: info@questerre.com

QEC.TO - Questerre Energy Com Npv (TSX)

DateOpenHighLowLastChangeVolume% Change
08/04/103.3303.3503.2803.320+0.160855345+5.06 %

Printable Chart
Chart for Questerre Energy Com Npv

QEC.TO - Questerre Energy Com Npv (TSX)

DateOpenHighLowLastChangeVolume% Change
08/04/103.33003.35003.28003.3200+0.1600855345+5.06%

Composite Indicator
Trend Spotter TMHold
Short Term Indicators
7 Day Average Directional IndicatorBuy
10 - 8 Day Moving Average Hilo ChannelBuy
20 Day Moving Average vs PriceBuy
20 - 50 Day MACD OscillatorSell
20 Day Bollinger BandsBuy
Short Term Indicators Average: 60% - Buy
20-Day Average Volume - 542095
Medium Term Indicators
40 Day Commodity Channel IndexHold
50 Day Moving Average vs PriceBuy
20 - 100 Day MACD OscillatorSell
50 Day Parabolic Time/PriceBuy
Medium Term Indicators Average: 25% - Buy
50-Day Average Volume - 1164807
Long Term Indicators
60 Day Commodity Channel IndexHold
100 Day Moving Average vs PriceSell
50 - 100 Day MACD OscillatorSell
Long Term Indicators Average: 67% - Sell
100-Day Average Volume - 932546
Overall Average: 16% - Buy

QEC.TO - Questerre Energy Com Npv (TSX)

DateOpenHighLowLastChangeVolume% Change
08/04/103.33003.35003.28003.3200+0.1600855345+5.06%

Today's Opinion:
16% Buy
Yesterday's Opinion:
Hold
Last Week's Opinion:
Hold
Last Month's Opinion:
56% Sell

Ratings:
Strength:
Direction:
0-1010-2020-3030-4040-5050-6060-7070-8080-9090-100

QEC.TO - Questerre Energy Com Npv (TSX)

DateOpenHighLowLastChangeVolume% Change
08/04/103.33003.35003.28003.3200+0.1600855345+5.06%

Composite Indicator -- Signal -- -- Strength -- -- Direction --
Trend Spotter (TM)Hold Bearish
Short Term Indicators
7 Day Average Directional IndicatorBuyAverageStrongest
10 - 8 Day Moving Average Hilo ChannelBuyAverageStrongest
20 Day Moving Average vs PriceBuyWeakStrongest
20 - 50 Day MACD OscillatorSellMinimumWeakest
20 Day Bollinger BandsBuyWeakStrongest
Short Term Indicators Average: 60% - Buy
Medium Term Indicators
40 Day Commodity Channel IndexHold Bullish
50 Day Moving Average vs PriceBuyMinimumStrongest
20 - 100 Day MACD OscillatorSellWeakWeakest
50 Day Parabolic Time/PriceBuyAverageStrongest
Medium Term Indicators Average: 25% - Buy
Long Term Indicators
60 Day Commodity Channel IndexHold Bullish
100 Day Moving Average vs PriceSellMinimumWeakest
50 - 100 Day MACD OscillatorSellAverageWeakest
Long Term Indicators Average: 67% - Sell
Overall Average: 16% - Buy



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