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Cantronic Systems Inc. Increases Stake in Chinese Subsidiary
Vancouver-based Cantronic Systems Inc., which manufactures and distributes active and passive CCTV infrared imaging and night vision cameras, announced that it has purchased an additional 9.08% sta
Dynasty Gaming Signs Letter of Intent for Acquisition of China-Based Advisory and Investment Firm
Montreal-based Dynasty Gaming Inc., a developer and marketer of proprietary online gaming software and management consultant on e-commerce solutions, has signed a letter of intent to acquire certai
Manulife Financial To Buy Minority Stake in Chinese Fund Management Firm for US$156 Million
Manulife Financial Corp.
Global Maxfin Investments to Acquire the Canadian Subsidiary of Australian Financial Services Company
Toronto-based Global Maxfin Investments Inc., a financial solutions provider, announced that it has signed a definitive agreement with Professional Investment Holdings (PIH) Group of Australia to acquire its Canadian subsidiary, Professional Investment Services (Canada) Inc. PIH is a large network of financial advisers, accountants and life insurance brokers with operations in seven countries across the Asia Pacific and North America. PIH (Canada) is a mutual fund dealer.
Minco Gold Announces C$4.4 Million Private Placement by Accel China Growth Fund
Vancouver-based Minco Gold Corporation announced that it has entered into an agreement with Accel China Growth Fund II L.P., a fund under management by IDGVC Capital Partners located in China. The agreement involves the purchase, on a non-brokered private placement basis, of 5 million common shares in the capital stock of Minco Silver at a price of C$0.88 per share for aggregate gross proceeds of up to C$4.4 million. The offering represents 10.3% of the issued and outstanding common shares of Minco Gold.