Dorato Announces Closing of Non-Brokered Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 25, 2012) - Dorato Resources Inc. (Dorato or the Company) (TSX VENTURE:DRI)(FRANKFURT:DO5) is pleased to announce that it has closed its previously announced non-brokered private placement financing through the issuance of 13,190,391 shares at a price of $0.09 per Share for total gross proceeds to the Company of $1,187,135 (the Offering).

The securities issued pursuant to the Offering are subject to a hold period that will expire on September 26, 2012. The Offering received TSX Venture Exchange (TSXV) acceptance on May 24, 2012.

Proceeds from the Offering will be used to finance initial exploration of its Deborah Gold Property (100% owned) in Cajamarca, Peru and for general working capital.

The securities described herein have not been registered under the U.S. Securities Act of 1933, as amended, or any State Securities Laws and may not be offered or sold in the United States or to U.S. persons unless an exemption from registration is available. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States.

About Dorato Resources Inc.

Dorato Resources Inc. is mineral exploration company focused on the highly prospective Northern Peru copper-gold porphyry-epithermal belt. The Company has property rights in two geographic centres:

• Cajamarca Region Project-- Dorato has acquired rights on the Deborah property, which is nestled between several important copper-gold deposits, including Michiquillay and El Galeno.

• Cordillera del Condor Asset-- one of the most important gold-bearing districts in northern Peru since pre-Incan times. Dorato, through a series of option agreements has the right to wholly acquire an extensive land package of approximately 1,050-square-kilometres, providing the Company with the largest land position in the Cordillera del Condor.

The Company focuses on grassroots opportunities in strategically important locations where prospectivity can be demonstrated by proximity to existing deposits. The Cajamarca Region, in contrast, is an established mining district with excellent infrastructure. The Deborah property is a foothold for Dorato into an established area with excellent exploration potential. The Cordillera del Condor project represents an exceptional land position and an emergent copper-gold district, located close to the border with Ecuador. This remote area of Peru was unexplored until recently, but it is located within kilometres of recent discoveries like Fruta del Norte and the Mirador District (both located just across the border in Ecuador).

On behalf of the board of directors of DORATO RESOURCES INC.

Gord Neal, Director

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements and forward-looking information (collectively, forward-looking statements) within the meaning of applicable Canadian and US securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the anticipated content, commencement and cost of exploration programs, anticipated exploration program results, the discovery and delineation of potential mineral deposits/resources/reserves, business and financing plans and business trends, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located, variations in the market price of any mineral products the Company may produce or plan to produce, the Companys inability to obtain any necessary permits, consents or authorizations required for its activities, the Companys inability to produce minerals from its properties successfully or profitably, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies, to obtain the required supreme decree from Peruvian authorities and other risks and uncertainties disclosed in the Companys Amended 2010 Annual Information Form filed with certain securities commissions in Canada and the Companys 2010 Annual Report on Form 40-F filed with the United States Securities and Exchange Commission (the SEC), and other information released by the Company and filed with the appropriate regulatory agencies. All of the Companys Canadian public disclosure filings may be accessed via www.sedar.com and its United States public disclosure filings may be accessed via www.sec.gov.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Petra Petroleum Inc. Announces Applications for Exploration Permits in Spain

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 25, 2012) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE COMMON SHARE STATES.

Petra Petroleum Inc. (TSX VENTURE:PTL) (the Corporation) is pleased to announce that it has recently submitted applications for a number of exploration permits offshore Spain. These applications are further steps in the execution of the Corporations E&P strategy which focuses on high impact exploration areas of the Mediterranean and North Africa region. The blocks are relatively unexplored and could have the potential for large commercially-attractive gas prospects on the doorstep of the large European gas market.

The Corporation has established a wholly owned subsidiary in Spain and has deposited an aggregate security deposit of approximately 1.0 million Euros with the Spanish Treasury. The Corporation has applied as the sole permit holder and operator, and has signed a conditional agreement with two strategic industry partners to undertake a high quality exploration work programme, once the permits have been awarded. The applications are currently under review by the Ministry to determine their validity, following which a public notice would be placed in the Official State Gazette to start the application evaluation process and which could lead to a potential award of permits in due course. At this time, the Corporation has not received any indication that these permits will be awarded.

Robert Lambert, President and Chief Executive Officer of the Corporation, commented: These permit applications are located in a very prospective area of the Western Mediterranean Sea and, following our recent Cyprus exploration licence applications, they are further steps in the implementation of our high impact exploration strategy in the region. We will work hard to turn these applications in to permit awards and at the same time we will continue to seek opportunities to build a diversified exploration portfolio and production asset base.

Cautionary Statements

This news release contains forward-looking statements within the meaning of applicable securities laws. Readers are cautioned to not place undue reliance on forward-looking statements. Actual results and developments, including whether or not the Corporation is successful in obtaining exploration permits, may differ materially from those contemplated by these statements. The forward-looking statements in this press release are made as of the date of this release and the Corporation undertakes no obligation to update publicly or revise any forward-looking statements whether as a result of new information or otherwise, except as required by applicable securities laws. The Corporation undertakes no obligation to comment on analyses, expectations or statements made by third-parties in respect of the Corporation or its financial or operating results or (as applicable) their securities.

Not for distribution to U.S. Newswire Services or for dissemination in the Common Share States. Any failure to comply with this restriction may constitute a violation of U.S. Securities laws.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Cobra Venture Announces Results of Annual General Meeting, Appointment of New Director and CFO, Changes to Board Committees and Grant of Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 25, 2012) - Cobra Venture Corporation (Cobra or the Corporation) (TSX VENTURE:CBV) is pleased to announce results arising from its annual and special meeting of shareholders held on May 24, 2012, at which the shareholders of the Corporation approved all resolutions presented at the meeting including the re-election of the current directors, the re-appointment of Mackay LLP as Cobras auditor and an amendment to the Corporations stock option plan to increase the number of common shares reserved for issuance under the plan.

Appointment of Independent Director

In addition, immediately following the meeting, the directors have appointed S. Reid MacDonald to the board of directors. Mr. MacDonald is considered to be an independent director for the purposes of applicable securities regulations and the policies of the TSX Venture Exchange Inc. (TSXV). Mr. MacDonalds appointment is subject to review and approval by the TSXV.

Mr. MacDonald was the President of GASFRAC Energy Services Inc. from October 2010 to November 2011 and Chief Operating Officer of GASFRAC from April 2010 to November 2011. Mr. MacDonald has over 35 years experience in the oilfield services industry. From January 2006 to March 2010, Mr. MacDonald was Vice-President and General Manager of Nabors Blue Sky, a subsidiary of Nabors Industries, an oilfield service company listed on the New York Stock Exchange. From September 2002 to December 2005, Mr. MacDonald was Vice-President of Airborne Energy Solutions, an air transportation company in the energy field. Mr. MacDonald was also Vice-President Marketing for Crown Energy Technologies from 1998 to 2002, President of Maritime Hydraulics (Canada) from 1996 to 1998, and prior thereto he worked with Nowsco Well Service where all worldwide pumping services reported to him.

Grant of Stock Options

In connection with Mr. MacDonalds appointment, the Corporation is granting 200,000 stock options to Mr. MacDonald. In addition, the Corporation is granting 25,000 stock options to Michael J. Perkins, the Corporations Corporate Secretary. The options permit each holder to purchase common shares of the Corporation (Common Shares) at an exercise price of $0.24 per Common Share, a price which equals the close of market trading price on May 24, 2012 (the last day the Common Shares traded on the TSXV), for a period of five (5) years from the date of issuance. One quarter (1/4) of the options granted to each of the foregoing persons will vest immediately, with a further one quarter (1/4) to vest on the six, twelve and eighteen month anniversary of the granting of the options.

Appointment of CFO

The Corporation also announces that Cyrus H. Driver has been appointed as the Chief Financial Officer of Cobra. Mr. Driver is a chartered accountant and is a partner with Davidson & Company LLP, Chartered Accountants. Mr. Driver has been a director of Cobra since November 1998. Daniel B. Evans remains the President and Chief Executive Officer of Cobra.

Changes to Board Committees

Finally, the Corporation announces that it has re-constituted its Audit Committee and Compensation Committee to ensure that each has a majority of independent directors. Accordingly the members of both the Audit Committee and the Compensation Committee are Daniel B. Evans, W. Murray Rodgers and S. Reid MacDonald.

About Cobra Venture Corporation

Cobra Venture Corporation is an emerging energy corporation focused on the acquisition and development of strategic oil and natural gas reserves in Western Canada. Common shares of the Corporation trade on the TSX Venture Exchange under the symbol CBV.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Highline Technical Innovations Form Joint Venture With Alternative Hydrogen Solutions Group Sales & Marketing

FARMINGTON, AR--(Marketwire - May 25, 2012) - Highline Technical Innovations, Inc. (PINKSHEETS: HLNT), the creator of a uniquely engineered hydrogen based fuel supplement proven successful in the marine and agricultural industries, today announced a joint venture with Miami-based Alternative Hydrogen Solutions Group Sales & Marketing, LLC, a sales and marketing group created for the sole purpose of marketing and distributing the HTI line of intelligent hydrogen systems.

This is a very exciting time for HTI, stated Charlton Coats, CEO for Highline Technical Innovations. After 7 years of research, testing and modifications we have a product ready for high capacity production. This joint venture puts us in the financial position to do that in a very succinct and effective manner.

We are excited to be representing a technology that has the potential of making a major impact on companies that are struggling with rising fuel costs while at the same time doing a lot of good for the environment, stated Bill Cunetta, president of Alternative Hydrogen Systems Group Sales & Marketing. As our country continues to search for alternative fuel sources we firmly believe that through proper marketing we will not only be bringing this product to the next level but we will be introducing hydrogen as a very effective means of reducing foreign fuel dependency, lowering fuel costs for the end user and creating a cleaner environment for everyone. Its a win-win for everyone.

HTI reported that the terms of the Joint Venture bought out the interest of HHHI Founders, Charlie Foster and Mel Robinson. This, in turn, resulted in a reduction of 31,952,500 shares of Preferred Stock.

About Highline Technical Innovations, Inc.
HTI is a publicly traded corporation (PINKSHEETS: HLNT) dedicated to producing innovative, high quality products that are economical and good for the environment. The company maintains offices and manufacturing sites in Northwest Arkansas.

About Alternative Hydrogen Systems Group Sales & Marketing LLC
AHSG is a privately held sales and marketing company focused on bringing groundbreaking new technologies to companies in the transportation, marine, rail, oil-service, and municipal sectors. AHSG focuses on introducing the latest in cost-saving and environmentally responsible technology to industries that rely heavily on the consumption of fossil fuels. AHSG was founded in 2011 by Bill Cunetta, a 21 year veteran of the transportation industry.

eHealth, Inc. to Present at the Cowen and Company 40th Annual Technology, Media & Telecom Conference

MOUNTAIN VIEW, CA--(Marketwire - May 25, 2012) - eHealth, Inc. (NASDAQ: EHTH), the nations leading online source of health insurance for individuals, families, seniors and small businesses, today announced that its chief executive officer, Gary Lauer, will present at the Cowen and Company Technology, Media & Telecom Conference on Thursday, May 31 at 11:45 a.m. ET. This event will be held at the Palace Hotel, in New York, NY.

Interested investors can access the live audio webcast of each presentation at www.ehealthinsurance.com under Investor Relations. Please visit the website at least 15 minutes early to register, download, and install any necessary software. A replay of each event will be available on the companys website shortly after the conclusion of the event and will remain available for 14 days.

About eHealth, Inc.
eHealth, Inc. (NASDAQ: EHTH) is the parent company of eHealthInsurance, the nations leading online source of health insurance for individuals, families and small businesses. Through the companys website, http://www.eHealthInsurance.com, consumers can get quotes from leading health insurance carriers, compare plans side by side, and apply for and purchase health insurance. eHealthInsurance offers thousands of individual, family and small business health plans underwritten by more than 180 of the nations leading health insurance companies. eHealthInsurance is licensed to sell health insurance in all 50 states and the District of Columbia, making it the ideal model of a successful, high-functioning health insurance exchange. Through the companys eHealth Technology solution (www.eHealthTechnology.com), eHealth is also a leading provider of health insurance exchange technology. eHealth Technologys exchange platform provides a suite of hosted e-commerce solutions that enable health plan providers, resellers and government entities to market and distribute products online. eHealth, Inc. also provides powerful online and pharmacy-based tools to help seniors navigate Medicare health insurance options, choose the right plan and enroll in select plans online through its wholly-owned subsidiary, PlanPrescriber.com (www.planprescriber.com) and through its Medicare website www.eHealthMedicare.com. For more health insurance news and information, visit the eHealthInsurance consumer blog: Get Smart -- Get Covered.

Phonetime Renews $2.5 Million Senior Debt Facility

TORONTO, ONTARIO--(Marketwire - May 25, 2012) - Phonetime Inc. (TSX:PHD) announced today that has reached agreement with its senior lender to renew its $2.5 million revolving demand facility.

Under its new facility, Phonetime may borrow up to $2.5M, provided that the outstanding amount borrowed may not at any time exceed a specified percentage of Phonetimes good accounts receivable. The new facility bears interest at prime plus 2.75% and is secured by all of the assets of the Company with cross guarantees over all of Phonetimes subsidiaries. The facility is also subject to customary security, covenants, conditions precedent and reporting requirements.

The Companys senior lender is a strong financial partner, and we are very pleased that we have been able to negotiate a new facility that meets the needs of the Company, said Gary Clifford, Executive Chairman.

About Phonetime Inc.

Established in 1994, Phonetime is a leading provider of international and domestic switched voice services to the worlds telecommunication operators and voice service providers. Phonetimes customers and suppliers include, fixed line operators, mobile operators, retail and VoIP service providers, who buy and sell voice and IP telecommunications services. Phonetime has traders in Europe, Asia and the Americas using its proprietary trading platform with embedded intelligence, which includes profitability benchmarking, call routing, credit management, network quality visibility and loss prevention. As voice technology evolves Phonetime has commoditized its trading philosophy and along with its platform is positioned to emerge as a leading clearing house. Phonetime is a public company listed on the Toronto Stock Exchange (TSX).

Caution Regarding Forward Looking Information:

This press release contains forward-looking statements, which may be identified by words like expects, anticipates, plans, intends, indicates or similar expressions. These statements are not a guarantee of future performance and are inherently subject to risks and uncertainties. Phonetimes actual results could differ materially from those currently anticipated due to a number of factors set forth in reports and other documents filed by the Company with Canadian securities regulatory authorities from time to time. See www.sedar.com which contains all securities files.

AGR Tools Incorporates Wholly Owned Subsidiary

DALLAS, TEXAS--(Marketwire - May 25, 2012) - AGR Tools Inc. (or AGR or the Company) (OTCQB:AGRT)(OTCBB:AGRT) is pleased to announce the incorporation of a wholly owned subsidiary, AGR Energy Holdings Inc (or AGR Energy).

AGR Energy will form an arm of AGR which will focus on oil & gas exploration and production within the continental United States. AGR Energy looks to acquire and develop grass roots projects as well as re-work underutilized oil & gas assets in emerging plays within the US.

The company is working with Institutional Investors as well as Investment Banks which have a focus on the energy sector to potentially secure funding sources to execute on the aforementioned business opportunities. Also, the company looks to bolster the existing management team with several new hires who possess extensive experience within the oil & gas industry.
Mr. Vern Wilson, CEO commented:

We are very excited about all of the new oil plays within the Continental US of late due to modern extraction techniques. With new technologies such as multiple stage stimulation techniques, as well as competitive oil pricing, it makes for a great opportunity for the seasoned oil & gas management team at AGR Energy. We have enough energy contained within North America to satisfy the nations needs which bodes well for all of us.

About AGR Tools Inc, and its wholly owned subsidiary, AGR Energy Holdings Inc:

AGR Tools/ AGR Energy Holdings mission is to deliver a competitive and sustainable rate of return to shareholders by developing, acquiring and exploring for oil and gas resources vital to the worlds health and welfare.

AGR Energy Holdings strategic goal is to expand our reserve base and increase our cash flow through investment in and management of exploration, acquisition and exploitation of new and existing oil and gas assets.

For further information please visit: www.agrenergycorp.com.

AGRT due diligence portal: Coming soon!