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Gilsonite

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Gil·son·ite  (gls-nt)
A trademark used for a natural black bitumen employed in the manufacture of acid, alkali, and waterproof coatings.

Gilsonite [ˈgɪlsəˌnaɪt]
n
(Earth Sciences / Minerals)™ a very pure form of asphalt found in Utah and Colorado; used for making paints, varnishes, and linoleum
[named after S. H. Gilson of Salt Lake City, Utah, who discovered it]


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The Board of Directors of American Gilsonite Company (OTCBB:AGTC) announced today that the Company will spin-off its oil and gas operations to Bonanza Royalties LLC, a Delaware limited liability company currently wholly owned by the Company, to be followed by the distribution by the Company to its shareholders of all of the outstanding limited liability company interests of Bonanza Royalties LLC.
American Gilsonite Company (OTC:AGTC) announces today that its Board of Directors voted on Nov.
AMERICAN GILSONITE COMPANY, FORMER DIVISION OF CHEVRON, ANNOUNCES INITIATION OF QUARTERLY CASH DIVIDEND
 
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