News Service

  • Just Now
    Zadar Ventures, a Vancouver-based resource company focused on lithium and uranium, has initiated due diligence on its Ravensthorpe lithium project in Western Australia. Earlier this month Zadar entered into a binding Memorandum of Understanding with Australian company Macarthur Minerals Limited through which Zadar will initially earn into 51 per cent of the Ravensthorpe lithium acreage by...
  • Just Now
    The Ontario government will host a seminar in September for companies interested in market opportunities in India. The seminar will address opportunities and challenges to take into account before doing business in India. There is no cost for Ontario-based companies to attend. For more information click here.
  • Yesterday
    Oakville-based Restaurant Brands International Inc. (RBI), the parent company of coffee chain Tim Hortons and fast-food company Burger King, has established a joint venture company, TH Coffee Services Philippines Corp., with a group of investors in the Philippines. The joint venture company will be the master franchisee of the Tim Hortons brand in the Philippines and marks the coffee chain’s...
  • Yesterday
    Foreign Minister Dion is visiting Sri Lanka on July 28 and 29 to advance bilateral relations and to support Sri Lanka in its efforts to promote human rights, reconciliation and accountability. Minister Dion will meet with President Sirisena, Prime Minister Wickremesinghe, and the Minister of Foreign Affairs, as well as meeting with the leadership of the official opposition. Minister Dion will...
  • 2 days ago
    The Government of Quebec has announced that it will contribute C$175 million to a Tata Steel Minerals Canada (TSMC)-led mine located in Schefferville, near the Quebec/Labrador border. TSMC is a joint venture between Calgary-headquartered New Millennium Iron and India-based Tata Steel, part of the Indian multinational conglomerate. The contribution includes a C$50-million loan from Invest Quebec,...
  • 2 days ago
    Avivagen Inc., an Ottawa-based company specializing in livestock feeds to replace antibiotics, and UNAHCO Inc., a feed and veterinary subsidiary of Philippines pharmaceutical company Unilab Inc., have announced an Avivagen livestock feed additive has been registered in the Philippines. The registration authorizes the use of the additive with all livestock species. The Philippines produces an...
  • 3 days ago
    South Korea’s Ministry of Trade, Industry & Energy and the Korea Trade-Investment Promotion Agency (KOTRA) are staging the country’s Foreign Investment Week 2016 (FIW 2016) in Seoul from September 27-29, 2016. FIW 2016 is South Korea’s major investment promotion event that brings together foreign investors and Korean companies to find business opportunities in Korea and abroad. For more...
  • 3 days ago
    Almonty Industries Inc. has entered into a binding letter of commitment for a six-year term loan facility of C$58 million with the Korean Development Bank (KDB), a state-owned bank in Korea. The KDB loan will be used for the development of an underground mine, construction of a processing plant and related infrastructure for Almonty’s tungsten mine in South Korea. Almonty has been in South Korea...
  • 3 days ago
    Bengal Energy Ltd., a Calgary-based oil and gas exploration and production company with assets in Australia, has announced that it and its joint venture parties have commenced a planned drilling campaign on properties in Australia. The program, consisting of five wells, seeks to ascertain the oil reserves on the properties. Bengal Energy’s interest in the project is about 30 per cent.
  • 4 days ago
    Minister of Foreign Affairs Stéphane Dion has announced seven new security and safety initiatives worth more than C$17 million during his participation at the Association of Southeast Asian Nations (ASEAN)-Canada Post-Ministerial Conference in Vientiane, Laos. These projects support initiatives across the ASEAN region in the areas of combating terrorism, human smuggling, nuclear proliferation,...
  • 4 days ago
    The Canada China Business Council (CCBC) and the Canadian Embassy in Beijing are co-hosting The EduCanada MBA Fair in China on September 11. For universities, the Fair provides the opportunity to meet with and interview candidates who are interested in pursuing graduate studies in business administration and marketing in Canada. For those interested in pursuing their graduate education, the...
  • 4 days ago
    Montreal-based Sectoral Asset Management, which recently completed its business registration with Korea’s Financial Services Commission, will soon operate directly in South Korea. Sectoral has so far partnered with Korea’s Hanwha Asset Management Co. to sell healthcare funds to retail investors in the country. Sectoral Asset Management manages healthcare portfolios on behalf of its investors.
  • 7 days ago
    Replicel Life Sciences Inc., a Vancouver-based regenerative medicine company, has received permission from Japanese regulatory authorities to proceed with a clinical research study on a product to treat androgenetic alopecia, a common form of hair loss. The study, designed to involve 60 affected men and women, will be conducted at Tokyo Medical University Hospital and Toho University Ohasi...
  • 7 days ago
    The Ontario government will organize and lead a trade mission for a small number of Ontario companies to Singapore for Medical Fair Asia 2016, a well-established event for the medical and healthcare industry, providing a platform to network and to do business with counterparts throughout Southeast Asia. The mission includes an optional pre-show trade mission to Bangkok, Thailand. For more...
  • July 21, 2016
    Mississauga, Ontario-based Hydrogenics Corporation, a developer and manufacturer of hydrogen generation technology and hydrogen fuel cell power modules, along with Bangkok-based engineering company Phraram 2 Civil Engineering Co., Ltd. (PCE), have been awarded the “Lam Takhong Wind Hydrogen Hybrid Project” by the Electricity Generation Authority of Thailand (EGAT). Hydrogenics’ portion is...
  • July 21, 2016
    VIQ Dataworxs, a subsidiary of Calgary- and Markham-headquartered VIQ Solutions Inc., has been awarded an expansion of its medical dictation and management solution with GenesisCare in Queensland, Australia. VIQ Solutions Inc. is a technology and service platform provider for digital evidence capture and content management. GenesisCare is a major provider of radiation oncology, cardiology and...
  • July 21, 2016
    Sunshine Oilsands Ltd., a Calgary-based energy company listed on the Hong Kong Stock Exchange, has announced it has completed the allotment and issuance of 96,400,000 common shares, receiving total gross proceeds of approximately C$12.16 million. The newly-issued shares represent approximately 2.1% of the company’s total issued and outstanding common shares.
  • July 20, 2016
    Brookfield Asset Management Inc. and State Bank of India (SBI) have signed a signed a memorandum of understanding to establish a joint venture for investing in stressed assets in India. Brookfield would manage the business and contribute about C$1.34 billion to the venture, while SBI would contribute up to five percent of the total investment. Other lenders could be involved later. Brookfield...
  • July 20, 2016
    The Greater Toronto Airports Authority (GTAA) and Bangalore, India-based Wipro Limited have entered into a seven-year agreement aimed at positioning Toronto Pearson airport to evolve into leading digital airport. The partnership will transform airport operations, run an integrated service delivery based on airport best practices, and create opportunities for joint innovation by adopting emerging...
  • July 20, 2016
    Toronto-headquartered Teranga Gold Corporation has acquired a 5% interest in Perth, Western Australia-based Gryphon Minerals Limited for C$4.3 million by way of a private placement. The placement follows a June 2016 announcement that Teranga has signed an agreement to acquire Gryphon. A meeting of Gryphon shareholders to approve the proposed acquisition is expected to take place in late September...

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