Resin Systems Inc., a composite products innovation company, today announced an update on the RStandard(TM) modular composite pole order to an established European Union ("EU") energy producer. This order, announced August 9, 2005, was for RStandard poles with heights between 32 metres (105 feet) and 41 metres (135 feet) for an approximate value of $26 million USD.
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Honda Aircraft Company Inc., today announced agreements with GKN Aerospace-Alabama, Avcorp Industries, Inc., and Garmin International Inc., as major component suppliers for the HondaJet advanced light jet, to be produced(1) at a state-of-the-art plant in Greensboro, North Carolina.
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Xceed Mortgage Corporation, a leading non-traditional mortgage lender, today announced that Xceed Mortgage Trust has filed a preliminary prospectus with Canadian securities regulators for an offering of more than $500 million mortgage-backed term notes. Xceed Mortgage Corporation is the financial services agent and the promoter of Xceed Mortgage Trust.
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Thirty-Five Split Corp. announced today that it has called 161,165 Preferred Shares for cash redemption on March 30, 2007 (in accordance with the Company's Articles) representing approximately 25.175% of the outstanding Preferred Shares as a result of the special annual retraction of 161,265 Capital Shares by the holders thereof.
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Labrador Iron Ore Royalty Income Fund announced the results of its operations for the year ended December 31, 2006. Following are some of the financial highlights of the Fund's 2006 results with comparison to the 2005 results.
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In accordance with its prior announcement, Tesco Corporation today released restated financial statements for the quarters ending June 30, 2006 and September 30, 2006 respectively. These restated financial statements have been reported in filings with securities regulatory authorities in Canada through SEDAR (www.sedar.com) and furnished on amended 6-K reports to the Securities and Exchange Commission (www.sec.gov).
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Boardwalk Real Estate Investment Trust has declared its March 2007 distribution in the amount of 12.33 cents per Trust unit. The distribution will be payable on April 16, 2007 to unitholders of record on March 30, 2007.
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Shell Canada advises that Royal Dutch Shell made the following announcement regarding the status of its takeover bid as of March 16, 2007 and the extension of its offer to March 30, 2007. During the extended offer, Shell Canada will continue to press ahead with its operations and projects.
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Further to its news release of January 29, 2007, Ignition Point Technologies Corp., a Vancouver-based broadband communications company, announces that it has closed a non-brokered unit financing for gross proceeds of $2 million, which will be used for the general corporate purposes of Ignition Point and its subsidiary, TeraSpan Networks Inc.
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To commemorate World Water Day and raise awareness for the more than 1.1 billion people worldwide who lack access to clean drinking water, Starbucks Coffee Company today announced two US$1 million grants that will each benefit water programs in India and Kenya.
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Glentel Inc. today reported its results for the 4th quarter and the year ended December 31, 2006. Operating income before interest and taxes for the 4th quarter ended December 31, 2006 was $4,637,000, compared to $3,389,000 in the 4th quarter of 2005. Net income was $3,246,000, $0.32 per share, compared to $2,999,000, $0.30 per share, for the same quarter last year.
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Capella Resources Ltd. is pleased to announce that it has signed an agreement to enter into a business combination with Tripple Uranium Resources, a privately-held mineral exploration company primarily engaged in the exploration of uranium prospects with assets in eastern Canada.
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