Latest Economy of Canada Stories

Air Canada Supports Keeping the International Civil Aviation Organization's (ICAO) Headquarters in Montreal

2013-04-29 12:20:51

MONTREAL, April 29, 2013 /CNW Telbec/ - Air Canada announced today that it supports the efforts made by municipal, provincial and federal governments to convince representatives of the International Civil Aviation Organization (ICAO) to keep its headquarters in Montreal, a city with an international reputation for its expertise in civil aviation, whether in air travel, aeronautics, international organizations or various specialized training programs offered by Montreal...

Study Finds American Businesses Value Patents

2013-04-29 08:34:13

70% of C-suite execs surveyed across 30 industries believe patents are good for innovation BELLEVUE, Wash., April 29, 2013 /PRNewswire/ -- Intellectual Ventures, the invention capital company, commissioned market research on intellectual property perceptions and behaviors among C-suite executives in the U.S. to better understand their current views on patents and the growing intellectual property industry. (Photo: http://photos.prnewswire.com/prnh/20130429/SF02920) More than 200...

There Will Be Oil: Approval of Keystone XL Not an XL-Sized Problem for Canada's Tar Sands, Says Roger S. Conrad in Energy & Income Advisor

2013-04-29 08:23:45

Oil Will Flow Even if TransCanada Doesn't Build Controversial Pipeline WASHINGTON, April 29, 2013 /PRNewswire/ -- The increasingly contentious debate over the environmental impact of TransCanada Corp's (TRP) Keystone XL Pipeline obscures the oil and gas industry's pursuit of alternative means to deliver rising production from Canada's oil sands to the U.S. and other markets. Facing lower price realizations in oil-glutted Western Canada, enterprising oil-sands producers have already...

Pacific Rubiales closes CGX Energy private placement financing and appoints new board of directors and management team

2013-04-29 08:22:49

TORONTO, April 29, 2013 /PRNewswire/ - Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) is pleased to announce the closing of the CGX Energy Inc. (TSXV: OYL) ("CGX Energy") private placement financing on April 26, 2013. The Company subscribed for 350 million units ("Units") at a price of Cdn.$0.10 per Unit for an aggregate price of Cdn.$35 million. Each Unit is comprised of one common share in the capital of CGX and one whole common share purchase warrant of...

Pacific Rubiales announces intention to make a normal course issuer bid

2013-04-29 08:22:47

TORONTO, April 29, 2013 /PRNewswire/ - Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) announced today that it has filed a Notice of Intention with the Toronto Stock Exchange (the "TSX") to commence a normal course issuer bid. Under the bid, which is subject to acceptance by the TSX, the Company will have the right to purchase up to a maximum of 31,075,887 common shares in the capital of the Company (the "Common Shares") through the standard facilities of the...

PetroFrontier Corp. Releases 2012 Year End Financial and Operating Results

2013-04-27 00:20:16

CALGARY, April 26, 2013 /PRNewswire/ - (TSX-V:PFC) - PetroFrontier Corp. ("PetroFrontier") is pleased to announce the release of its 2012 year-end financial and operating results. A copy of PetroFrontier's audited consolidated financial statements and related management's discussion and analysis ("MD&A") can be obtained through either PetroFrontier's website or SEDAR at www.sedar.com. PetroFrontier has also made available for all interested parties a President's Message to...

Lounor closes a $70,000 private placement

2013-04-26 20:20:46

Listing (TSXV = LO Frankfurt = LE2A) ROUYN-NORANDA, QC, April 26, 2013 /CNW Telbec/ - LOUNOR EXPLORATION INC. is pleased to announce that it has closed a private placement for a total amount of CDN $70,000. The placement consists in 975,000 common shares at a price of $0.05 per share representing $48,750 and 354,166 flow-through shares at a price of $0.06 per share representing $21,250. Each share is accompanied of one share purchase warrant that gives the right to subscribe...

Agnico Eagle announces election of directors

2013-04-26 20:20:42

TORONTO, April 26, 2013 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE:AEM, TSX:AEM) ("Agnico") today announced that, at the annual and special meeting of shareholders held earlier today (the "Meeting"), each of the thirteen nominees listed in the management information circular dated March 11, 2013 were elected as directors of Agnico. The detailed results of the vote are set out below. ____________________________________________________________________ |...

Golden Bridge Mining Corporation announces non-brokered private placement financing

2013-04-26 16:21:07

/THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES./ TSX VENTURE EXCHANGE: GBM TORONTO, April 26, 2013 /CNW/ - Golden Bridge Mining Corporation ("Golden Bridge") (TSX-V: GBM), a company listed on the TSX Venture Exchange (the "Exchange"),...

Mindpix Corporation Announces New CEO, Victor Siegel

2013-04-26 12:31:48

LAS VEGAS, April 26, 2013 /PRNewswire/ -- Mindpix Corporation (OTC Pink: MPIX) MPIX today announced that Mr. Victor Siegel has joined the Company as President and Chief Executive Officer. Rick Garson will continue as Chairman of the Board. The Company thanks Mr. Garson for his additional service during the transition time and for his continued leadership in moving MPIX to the next level of development. Mr. Siegel is a growth-oriented international CEO who has led digital media,...