Korea

Strathmore Minerals Corp.

Calgary-based Harvest Operations Corp., a wholly-owned, non-guaranteed subsidiary of Korean National Oil Corporation (KNOC), announced that John Zahary has tendered his resignation as President and

Toronto-based ViXS Systems Inc.

Korea Gas Corp., a Korea-based producer and distributor of liquefied natural gas (LNG), will acquire, from Mitsubishi Corp.

Toronto-based Lingo Media Corporation, an online and print-based English language learning solutions, announced that it has acquired all issued and outstanding shares of UK-based ELL Technologies L

Korea Gas Corporation, a state-run gas company, has signed an agreement with Calgary-based natural gas producer, EnCana Corporation, whereby the companies will jointly develop and operate three nat

Toronto-based uranium producer, Denison Mines Corp., announced the signing of agreements with Korea Electric Power Corporation (KEPCO) and certain of its subsidiaries which formalize the general terms of an MOU that was signed in April. KEPCO has agreed to purchase 58 million common shares of Denison at an issue price of $1.30 per share for proceeds of C$75.4 million giving it a 17% equity interest.

Kitimat LNG Inc. announced that it signed a memorandum of understanding (MOU) with Korea Gas Corporation (KOGAS), under which KOGAS will acquire up to 40% of Kitimat LNG’s production and an option to acquire an equity stake in Kitimat LNG’s liquefied natural gas (LNG) export terminal. With the MOU, KOGAS plans to purchase two million tons per annum of LNG from the proposed terminal for 20 years. The total purchase value would be more than US$20 billion over 20 years of operation.

Korea Telecom has launched the IP3870 IMS phone from LG-Nortel, a joint venture of LG Electronics and Nortel Networks. The IP3870 is built around IMS standards, which make it easy for carriers to deliver rich voice, video, music and other content directly to customers in their homes using IP technologies. The phone has a 4.3-inch video screen, built-in camera, SD/MMC card reader and stereo speakers.

B.C. Economic Development Minister Colin Hansen announced that a permanent B.C. presence will be felt in Asia through full-time B.C. representatives based in Asia tasked with increasing trade and investment opportunities on behalf of the province. The B.C. representatives will focus on promoting B.C. as a globally competitive location. These consultants will support B.C.’s key economic objectives of job creation, regional development and economic diversity.