Equipment Leasing Reports New Gold Inc. (TSX:NGD) to acquire Richfield Ventures in friendly $550-million deal

Monday, April 4th, 2011

Vancouver, B.C., Canada (April 4, 2011) – Clearlease.com Reports Shares in Richfield Ventures Corp. soared 25 per cent early Monday morning after New Gold Inc. (TSX:NGD) announced a friendly $550-million takeover deal for the B.C. company and its Blackwater gold project.

New Gold shares fell 33 cents to $10.93 shortly after morning trading opened on the Toronto Stock Exchange, while shares in Richfield (TSXV:RVC) climbed $2.05 to $9.98.

The Blackwater project, 160 kilometres southwest of Prince George, B.C., is projected to contain 1.8 million ounces of gold.

New Gold said it expects to begin production at the mine in about five or six years, and that Richfield’s project is a good fit with its own New Afton project, which is well-advanced towards production.

“This adds a large, advanced stage exploration gold asset into the New Gold portfolio. The project is in British Columbia, in a good location, near infrastructure,” Randall Oliphant, New Gold’s executive chairman said in a conference call with analysts.

Oliphant, a former chief executive of Barrick Gold Corp. (TSX:ABX), has guided New Gold through a number of deals including a $1.2-billion combination with Western Goldfields in 2009 and last year’s flip of a 70 per cent stake in the El Morrow copper-gold project in Chile to Goldcorp Inc. (TSX:G) for US$463 million.

New Gold said Monday that the Blackwater project will be easy to manage because it has good access to roads and skilled local workers who are out of work due to the effects of pine beetle infestation on the forestry industry.

Under the deal, Vancouver-based New Gold will issue 0.9217 of a share, worth about $10.38 based on Friday’s closing price, for each share of Richfield. The sale price is a 31 per cent premium to Friday closing prices.

Upon closing, Quesnel, B.C-based Richfield will own about 10 per cent of New Gold’s equity.

“I think New Gold’s offer is by far the most compelling and clearly advanced, which is why we’ve locked up the New Gold offer,” Peter Bernier, Richfield president and CEO said in the conference call, adding that the company waded through several bids over the past year before finally deciding on a buyer.

The two boards unanimously approved the deal.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Equipment Leasing Reports New Gold Inc. (TSX:NGD) to acquire Richfield Ventures in friendly $550-million deal

Vancouver, B.C., Canada (April 4, 2011) – Clearlease.com Reports Shares in Richfield Ventures Corp. soared 25 per cent early Monday morning after New Gold Inc. (TSX:NGD) announced a friendly $550-million takeover deal for the B.C. company and its Blackwater gold project.

New Gold shares fell 33 cents to $10.93 shortly after morning trading opened on the Toronto Stock Exchange, while shares in Richfield (TSXV:RVC) climbed $2.05 to $9.98.

The Blackwater project, 160 kilometres southwest of Prince George, B.C., is projected to contain 1.8 million ounces of gold.

New Gold said it expects to begin production at the mine in about five or six years, and that Richfield’s project is a good fit with its own New Afton project, which is well-advanced towards production.

“This adds a large, advanced stage exploration gold asset into the New Gold portfolio. The project is in British Columbia, in a good location, near infrastructure,” Randall Oliphant, New Gold’s executive chairman said in a conference call with analysts.

Oliphant, a former chief executive of Barrick Gold Corp. (TSX:ABX), has guided New Gold through a number of deals including a $1.2-billion combination with Western Goldfields in 2009 and last year’s flip of a 70 per cent stake in the El Morrow copper-gold project in Chile to Goldcorp Inc. (TSX:G) for US$463 million.

New Gold said Monday that the Blackwater project will be easy to manage because it has good access to roads and skilled local workers who are out of work due to the effects of pine beetle infestation on the forestry industry.

Under the deal, Vancouver-based New Gold will issue 0.9217 of a share, worth about $10.38 based on Friday’s closing price, for each share of Richfield. The sale price is a 31 per cent premium to Friday closing prices.

Upon closing, Quesnel, B.C-based Richfield will own about 10 per cent of New Gold’s equity.

“I think New Gold’s offer is by far the most compelling and clearly advanced, which is why we’ve locked up the New Gold offer,” Peter Bernier, Richfield president and CEO said in the conference call, adding that the company waded through several bids over the past year before finally deciding on a buyer.

The two boards unanimously approved the deal.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Vancouver, B.C., Canada (April 4, 2011) – Clearlease.com Reports Shares in Richfield Ventures Corp. soared 25 per cent early Monday morning after New Gold Inc. (TSX:NGD) announced a friendly $550-million takeover deal for the B.C. company and its Blackwater gold project.

New Gold shares fell 33 cents to $10.93 shortly after morning trading opened on the Toronto Stock Exchange, while shares in Richfield (TSXV:RVC) climbed $2.05 to $9.98.

The Blackwater project, 160 kilometres southwest of Prince George, B.C., is projected to contain 1.8 million ounces of gold.

New Gold said it expects to begin production at the mine in about five or six years, and that Richfield’s project is a good fit with its own New Afton project, which is well-advanced towards production.

“This adds a large, advanced stage exploration gold asset into the New Gold portfolio. The project is in British Columbia, in a good location, near infrastructure,” Randall Oliphant, New Gold’s executive chairman said in a conference call with analysts.

Oliphant, a former chief executive of Barrick Gold Corp. (TSX:ABX), has guided New Gold through a number of deals including a $1.2-billion combination with Western Goldfields in 2009 and last year’s flip of a 70 per cent stake in the El Morrow copper-gold project in Chile to Goldcorp Inc. (TSX:G) for US$463 million.

New Gold said Monday that the Blackwater project will be easy to manage because it has good access to roads and skilled local workers who are out of work due to the effects of pine beetle infestation on the forestry industry.

Under the deal, Vancouver-based New Gold will issue 0.9217 of a share, worth about $10.38 based on Friday’s closing price, for each share of Richfield. The sale price is a 31 per cent premium to Friday closing prices.

Upon closing, Quesnel, B.C-based Richfield will own about 10 per cent of New Gold’s equity.

“I think New Gold’s offer is by far the most compelling and clearly advanced, which is why we’ve locked up the New Gold offer,” Peter Bernier, Richfield president and CEO said in the conference call, adding that the company waded through several bids over the past year before finally deciding on a buyer.

The two boards unanimously approved the deal.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Wall Street ends up; quarter’s end in view

Thursday, March 31st, 2011

Vancouver, B.C., Canada (March 31, 2011) – Clearlease.com Reports U.S. stocks ended higher on Wednesday with activity dominated by money managers buying recent winners, including energy and small-caps, as the quarter nears its end.

Based on the latest available data, the Dow Jones industrial average <.DJI> shot up 71.60 points, or 0.58 percent, to end unofficially at 12,350.61. The Standard & Poor’s 500 Index <.SPX> gained 8.82 points, or 0.67 percent, to finish unofficially at 1,328.26. The Nasdaq Composite Index <.IXIC> climbed 19.90 points, or 0.72 percent, to close unofficially at 2,776.79.

The Russell 2000 index <.RUT> closed at the highest level since October 2007.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Dominion Lending Centres Clearlease Reports Wall Street ends up; quarter's end in view

Vancouver, B.C., Canada (March 31, 2011) – Clearlease.com Reports U.S. stocks ended higher on Wednesday with activity dominated by money managers buying recent winners, including energy and small-caps, as the quarter nears its end.

Based on the latest available data, the Dow Jones industrial average <.DJI> shot up 71.60 points, or 0.58 percent, to end unofficially at 12,350.61. The Standard & Poor’s 500 Index <.SPX> gained 8.82 points, or 0.67 percent, to finish unofficially at 1,328.26. The Nasdaq Composite Index <.IXIC> climbed 19.90 points, or 0.72 percent, to close unofficially at 2,776.79.

The Russell 2000 index <.RUT> closed at the highest level since October 2007.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Vancouver, B.C., Canada (March 31, 2011) – Clearlease.com Reports U.S. stocks ended higher on Wednesday with activity dominated by money managers buying recent winners, including energy and small-caps, as the quarter nears its end.

Based on the latest available data, the Dow Jones industrial average <.DJI> shot up 71.60 points, or 0.58 percent, to end unofficially at 12,350.61. The Standard & Poor’s 500 Index <.SPX> gained 8.82 points, or 0.67 percent, to finish unofficially at 1,328.26. The Nasdaq Composite Index <.IXIC> climbed 19.90 points, or 0.72 percent, to close unofficially at 2,776.79.

The Russell 2000 index <.RUT> closed at the highest level since October 2007.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Astral (TSX:ACM.A), BCE Inc.’s Bell Canada and Rogers are putting content across TVs, computers, smartphones and tablets, Netflix is doing that and more

Thursday, March 31st, 2011

Vancouver, B.C., Canada (March 31, 2011) – Clearlease.com Reports California-based Netflix is challenging Canadian cable, satellite, pay TV and traditional broadcasters by offering a growing amount of competitive online TV and movie content for consumers.

“I am certain of one thing, and that is cable companies and pay-per-use broadcasters are shaking in their boots for sure,” analyst Mark Tauschek of Info-Tech Research Group said Wednesday.

“Netflix is just so cheap, it’s hard for them to compete with that,” he said, adding that similar providers like Hulu will eventually make their way into Canada.

While companies such as Astral (TSX:ACM.A), BCE Inc.’s Bell Canada and Rogers are putting content across TVs, computers, smartphones and tablets, Netflix is doing that and more, Tauschek said from London, Ont.

Netflix also allows access to its service through popular game consoles that hook onto televisions.

“I can get it on my Wii, I can get it on my Xbox, I can get it on my Apple TV, I can get it on my computer, I can get it on my iPad, I can get it on my iPhone for $8 a month when I am paying over 100 bucks a month for cable. It will be increasingly compelling when they get more content.”

Netflix recently inked a deal with Paramount Pictures to show all of its first-run films in Canada — content that typically would have been seen on Montreal-based Astral’s Movie Network and Movie Central operated by Toronto’s Corus Entertainment (TSX:CJR.B) pay TV services.

RBC Capital markets analyst Drew McReynolds said Astral and Corus’s loss of Paramount to Netflix opens the door to more competition from these web-based services.

“Although the loss of Paramount is not without precedent for Astral and Corus (precedents have included Twentieth Century Fox and Warner Bros.), the consequence is now allowing new ‘over the top’ services a stronger foothold in Canada,” McReynolds wrote in a research note.

McReynolds said the movie studio’s pricing likely scotched the deal.

“We understand that pay television operators Astral and Corus did not agree with Paramount on pricing and other terms during recent re-negotiations and thus dropped the studio from the pay line-up.”

In the near-term, the impact of services like Netflix on the Canadian television system won’t affect companies’ earnings, McReynolds said, but in three to seven years, they will likely affect margins and in seven to 10 years would become a “legitimate” substitute for cable and satellite TV.

McReynolds lowered his share price target to $45 from $46 for Astral, and to $26 from $27 for Corus.

Astral TV president John Riley said Astral’s Mpix movie channel will continue to offer older Paramount titles.

“The number of new titles that a given studio produces in a year is relatively small, particularly in this case,” said Riley, president of Astral Television Networks.

Current Paramount films include “True Grit” and “The Fighter.” About 350 Paramount films will eventually be added to Netflix.

Riley said competition for movie and TV shows is constant and he doesn’t believe deals like Netflix will result in fewer subscribers to Astral’s pay TV service, which has about two million subscribers for the Movie Network and French language Super Ecran.

“As long as we continue to provide a top notch product and make it available to everyone and every platform, it will remain an attractive offering,” Riley said from Toronto.

“What I think differentiates us is exclusivity,” he said, referring to HBO and Showtime series that air on the Movie Network.

Two of Canada’s biggest telecom and media groups, BCE Inc. (TSX:BCE) and Rogers Communications Inc. (TSX:RCI.B), argue that there should be a level playing field for all content providers when it comes to regulatory rules and fees.

Bell Canada executive Mirko Bibic said now that Netflix is getting access to exclusive content, it’s competing with Canadian broadcasters.

“If they can offer this first-run content on an exclusive basis, why shouldn’t they contribute to Canadian cultural objectives like the rest of us do?” asked Bibic, referring to contributions to Canadian content and independent programming.

“I think the arrival of Netflix and how they’ve evolving their business model certainly raises a number of issues which we’re all going to have to grapple with as an industry,” said Bibic, senior vice-president of regulatory affairs.

Rogers said in a statement that Canadian program providers face regulations that don’t apply to companies like Netflix and it’s a question the Canadian Radio-television and Telecommunications Commission will have to consider.

“We believe in a level playing field,” Rogers said in a statement.

Netflix, which has about 500,000 subscribers in Canada, announced this week that it has made changes to its streaming service so that Canadian subscribers would use less data, due to caps put in place by Internet service providers.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###Dominion Lending Centres Clearlease Reports Astral (TSX:ACM.A), BCE Inc.'s Bell Canada and Rogers are putting content across TVs, computers, smartphones and tablets, Netflix is doing that and more

Vancouver, B.C., Canada (March 31, 2011) – Clearlease.com Reports California-based Netflix is challenging Canadian cable, satellite, pay TV and traditional broadcasters by offering a growing amount of competitive online TV and movie content for consumers.

“I am certain of one thing, and that is cable companies and pay-per-use broadcasters are shaking in their boots for sure,” analyst Mark Tauschek of Info-Tech Research Group said Wednesday.

“Netflix is just so cheap, it’s hard for them to compete with that,” he said, adding that similar providers like Hulu will eventually make their way into Canada.

While companies such as Astral (TSX:ACM.A), BCE Inc.’s Bell Canada and Rogers are putting content across TVs, computers, smartphones and tablets, Netflix is doing that and more, Tauschek said from London, Ont.

Netflix also allows access to its service through popular game consoles that hook onto televisions.

“I can get it on my Wii, I can get it on my Xbox, I can get it on my Apple TV, I can get it on my computer, I can get it on my iPad, I can get it on my iPhone for $8 a month when I am paying over 100 bucks a month for cable. It will be increasingly compelling when they get more content.”

Netflix recently inked a deal with Paramount Pictures to show all of its first-run films in Canada — content that typically would have been seen on Montreal-based Astral’s Movie Network and Movie Central operated by Toronto’s Corus Entertainment (TSX:CJR.B) pay TV services.

RBC Capital markets analyst Drew McReynolds said Astral and Corus’s loss of Paramount to Netflix opens the door to more competition from these web-based services.

“Although the loss of Paramount is not without precedent for Astral and Corus (precedents have included Twentieth Century Fox and Warner Bros.), the consequence is now allowing new ‘over the top’ services a stronger foothold in Canada,” McReynolds wrote in a research note.

McReynolds said the movie studio’s pricing likely scotched the deal.

“We understand that pay television operators Astral and Corus did not agree with Paramount on pricing and other terms during recent re-negotiations and thus dropped the studio from the pay line-up.”

In the near-term, the impact of services like Netflix on the Canadian television system won’t affect companies’ earnings, McReynolds said, but in three to seven years, they will likely affect margins and in seven to 10 years would become a “legitimate” substitute for cable and satellite TV.

McReynolds lowered his share price target to $45 from $46 for Astral, and to $26 from $27 for Corus.

Astral TV president John Riley said Astral’s Mpix movie channel will continue to offer older Paramount titles.

“The number of new titles that a given studio produces in a year is relatively small, particularly in this case,” said Riley, president of Astral Television Networks.

Current Paramount films include “True Grit” and “The Fighter.” About 350 Paramount films will eventually be added to Netflix.

Riley said competition for movie and TV shows is constant and he doesn’t believe deals like Netflix will result in fewer subscribers to Astral’s pay TV service, which has about two million subscribers for the Movie Network and French language Super Ecran.

“As long as we continue to provide a top notch product and make it available to everyone and every platform, it will remain an attractive offering,” Riley said from Toronto.

“What I think differentiates us is exclusivity,” he said, referring to HBO and Showtime series that air on the Movie Network.

Two of Canada’s biggest telecom and media groups, BCE Inc. (TSX:BCE) and Rogers Communications Inc. (TSX:RCI.B), argue that there should be a level playing field for all content providers when it comes to regulatory rules and fees.

Bell Canada executive Mirko Bibic said now that Netflix is getting access to exclusive content, it’s competing with Canadian broadcasters.

“If they can offer this first-run content on an exclusive basis, why shouldn’t they contribute to Canadian cultural objectives like the rest of us do?” asked Bibic, referring to contributions to Canadian content and independent programming.

“I think the arrival of Netflix and how they’ve evolving their business model certainly raises a number of issues which we’re all going to have to grapple with as an industry,” said Bibic, senior vice-president of regulatory affairs.

Rogers said in a statement that Canadian program providers face regulations that don’t apply to companies like Netflix and it’s a question the Canadian Radio-television and Telecommunications Commission will have to consider.

“We believe in a level playing field,” Rogers said in a statement.

Netflix, which has about 500,000 subscribers in Canada, announced this week that it has made changes to its streaming service so that Canadian subscribers would use less data, due to caps put in place by Internet service providers.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###

Vancouver, B.C., Canada (March 31, 2011) – Clearlease.com Reports California-based Netflix is challenging Canadian cable, satellite, pay TV and traditional broadcasters by offering a growing amount of competitive online TV and movie content for consumers.

“I am certain of one thing, and that is cable companies and pay-per-use broadcasters are shaking in their boots for sure,” analyst Mark Tauschek of Info-Tech Research Group said Wednesday.

“Netflix is just so cheap, it’s hard for them to compete with that,” he said, adding that similar providers like Hulu will eventually make their way into Canada.

While companies such as Astral (TSX:ACM.A), BCE Inc.’s Bell Canada and Rogers are putting content across TVs, computers, smartphones and tablets, Netflix is doing that and more, Tauschek said from London, Ont.

Netflix also allows access to its service through popular game consoles that hook onto televisions.

“I can get it on my Wii, I can get it on my Xbox, I can get it on my Apple TV, I can get it on my computer, I can get it on my iPad, I can get it on my iPhone for $8 a month when I am paying over 100 bucks a month for cable. It will be increasingly compelling when they get more content.”

Netflix recently inked a deal with Paramount Pictures to show all of its first-run films in Canada — content that typically would have been seen on Montreal-based Astral’s Movie Network and Movie Central operated by Toronto’s Corus Entertainment (TSX:CJR.B) pay TV services.

RBC Capital markets analyst Drew McReynolds said Astral and Corus’s loss of Paramount to Netflix opens the door to more competition from these web-based services.

“Although the loss of Paramount is not without precedent for Astral and Corus (precedents have included Twentieth Century Fox and Warner Bros.), the consequence is now allowing new ‘over the top’ services a stronger foothold in Canada,” McReynolds wrote in a research note.

McReynolds said the movie studio’s pricing likely scotched the deal.

“We understand that pay television operators Astral and Corus did not agree with Paramount on pricing and other terms during recent re-negotiations and thus dropped the studio from the pay line-up.”

In the near-term, the impact of services like Netflix on the Canadian television system won’t affect companies’ earnings, McReynolds said, but in three to seven years, they will likely affect margins and in seven to 10 years would become a “legitimate” substitute for cable and satellite TV.

McReynolds lowered his share price target to $45 from $46 for Astral, and to $26 from $27 for Corus.

Astral TV president John Riley said Astral’s Mpix movie channel will continue to offer older Paramount titles.

“The number of new titles that a given studio produces in a year is relatively small, particularly in this case,” said Riley, president of Astral Television Networks.

Current Paramount films include “True Grit” and “The Fighter.” About 350 Paramount films will eventually be added to Netflix.

Riley said competition for movie and TV shows is constant and he doesn’t believe deals like Netflix will result in fewer subscribers to Astral’s pay TV service, which has about two million subscribers for the Movie Network and French language Super Ecran.

“As long as we continue to provide a top notch product and make it available to everyone and every platform, it will remain an attractive offering,” Riley said from Toronto.

“What I think differentiates us is exclusivity,” he said, referring to HBO and Showtime series that air on the Movie Network.

Two of Canada’s biggest telecom and media groups, BCE Inc. (TSX:BCE) and Rogers Communications Inc. (TSX:RCI.B), argue that there should be a level playing field for all content providers when it comes to regulatory rules and fees.

Bell Canada executive Mirko Bibic said now that Netflix is getting access to exclusive content, it’s competing with Canadian broadcasters.

“If they can offer this first-run content on an exclusive basis, why shouldn’t they contribute to Canadian cultural objectives like the rest of us do?” asked Bibic, referring to contributions to Canadian content and independent programming.

“I think the arrival of Netflix and how they’ve evolving their business model certainly raises a number of issues which we’re all going to have to grapple with as an industry,” said Bibic, senior vice-president of regulatory affairs.

Rogers said in a statement that Canadian program providers face regulations that don’t apply to companies like Netflix and it’s a question the Canadian Radio-television and Telecommunications Commission will have to consider.

“We believe in a level playing field,” Rogers said in a statement.

Netflix, which has about 500,000 subscribers in Canada, announced this week that it has made changes to its streaming service so that Canadian subscribers would use less data, due to caps put in place by Internet service providers.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###

Dominion Lending Centres Clearlease Reports National Bank (TSX:NA) looks to future acquisitions, plans further dividend increases

Wednesday, March 30th, 2011


Vancouver, B.C., Canada (March 30, 2011) – Clearlease.com reports The head of the National Bank of Canada (TSX:NA) says the proposed merger between the Toronto and London stock exchanges will hurt Canada’s ability to raise capital for its natural resources sector.

Chief executive Louis Vachon told the bank’s annual meeting that the bank, which holds 1.3 million TMX shares, also opposes the deal because it doesn’t offer stockholders a premium.

Vachon described the London exchange as a relatively weak strategic partner, saying the TMX’s financial plan is stronger.

He added that it would be preferable that ownership of the derivatives business remain in Canadian hands than to be merely regulated in Canada.

Canada’s sixth-largest bank says it plans to express its opposition to the proposed deal to various governments reviewing the transaction.

Meanwhile, Vachon told shareholders that National Bank plans further dividend increases while growing through acquisitions.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###Dominion Lending Centres Clearlease Reports National Bank (TSX:NA) looks to future acquisitions, plans further dividend increases

Vancouver, B.C., Canada (March 30, 2011) – Clearlease.com reports The head of the National Bank of Canada (TSX:NA) says the proposed merger between the Toronto and London stock exchanges will hurt Canada’s ability to raise capital for its natural resources sector.

Chief executive Louis Vachon told the bank’s annual meeting that the bank, which holds 1.3 million TMX shares, also opposes the deal because it doesn’t offer stockholders a premium.

Vachon described the London exchange as a relatively weak strategic partner, saying the TMX’s financial plan is stronger.

He added that it would be preferable that ownership of the derivatives business remain in Canadian hands than to be merely regulated in Canada.

Canada’s sixth-largest bank says it plans to express its opposition to the proposed deal to various governments reviewing the transaction.

Meanwhile, Vachon told shareholders that National Bank plans further dividend increases while growing through acquisitions.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###
Vancouver, B.C., Canada (March 30, 2011) – Clearlease.com reports The head of the National Bank of Canada (TSX:NA) says the proposed merger between the Toronto and London stock exchanges will hurt Canada’s ability to raise capital for its natural resources sector.

Chief executive Louis Vachon told the bank’s annual meeting that the bank, which holds 1.3 million TMX shares, also opposes the deal because it doesn’t offer stockholders a premium.

Vachon described the London exchange as a relatively weak strategic partner, saying the TMX’s financial plan is stronger.

He added that it would be preferable that ownership of the derivatives business remain in Canadian hands than to be merely regulated in Canada.

Canada’s sixth-largest bank says it plans to express its opposition to the proposed deal to various governments reviewing the transaction.

Meanwhile, Vachon told shareholders that National Bank plans further dividend increases while growing through acquisitions.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###

Dominion Lending Centres Clearlease Reports Olympus Pacific Minerals Inc. (“Olympus” or the “Company”) (TSX:OYM)(OTCBB:OLYMF)(ASX:OYM)(FRANKFURT:OP6) Closes Equity Placement.

Wednesday, March 30th, 2011


Vancouver, B.C., Canada (March 30, 2011) – Clearlease.com reports Olympus Pacific Minerals Inc. (“Olympus” or the “Company”) (TSX:OYM)(OTCBB:OLYMF)(ASX:OYM)(FRANKFURT:OP6) Olympus CEO, David Seton announces the Paterson Securities Equity Placement is now closed.

In order to move forward with the brokered private placement of Convertible Notes for a minimum of CAD$ 12 million with an option (subject to the Company’s acceptance) to sell an additional CAD$ 8 million, thereby achieving the Company’s funding target of a minimum of AUD$ 16.8 Million, Olympus has placed 14 million shares at AUD$ 0.40 to raise AUD$ 5.6 million with clients of Placement Lead Manager Patersons Securities Limited. Settlement of the Placement is due in the next few days. The Company will complete its capital raising by way of a more favorable convertible note offering (See Olympus Press Release dated March 22 & 25, 2011).

The Company believes raising capital through a convertible note is less dilutive and more favorable to shareholders than the earlier announced AUD$ 16.80 million equity raise (See Olympus Press Release dated March 25, 2011)

The capital raising will enable the Company to complete the building of its Phuoc Son gold plant, which due to unseasonably long and heavy rains has been delayed. This delay has had a consequent affect on internally generated cash flow previously allocated for significant self-funding of the project. Commissioning is now taking place and production from the plant is anticipated to commence in May.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###Dominion Lending Centres Clearlease Reports Olympus Pacific Minerals Inc. ("Olympus" or the "Company") (TSX:OYM)(OTCBB:OLYMF)(ASX:OYM)(FRANKFURT:OP6) Closes Equity Placement.

Vancouver, B.C., Canada (March 30, 2011) – Clearlease.com reports Olympus Pacific Minerals Inc. (“Olympus” or the “Company”) (TSX:OYM)(OTCBB:OLYMF)(ASX:OYM)(FRANKFURT:OP6) Olympus CEO, David Seton announces the Paterson Securities Equity Placement is now closed.

In order to move forward with the brokered private placement of Convertible Notes for a minimum of CAD$ 12 million with an option (subject to the Company’s acceptance) to sell an additional CAD$ 8 million, thereby achieving the Company’s funding target of a minimum of AUD$ 16.8 Million, Olympus has placed 14 million shares at AUD$ 0.40 to raise AUD$ 5.6 million with clients of Placement Lead Manager Patersons Securities Limited. Settlement of the Placement is due in the next few days. The Company will complete its capital raising by way of a more favorable convertible note offering (See Olympus Press Release dated March 22 & 25, 2011).

The Company believes raising capital through a convertible note is less dilution and more favorable to shareholders than the earlier announced AUD$ 16.80 million equity raise (See Olympus Press Release dated March 25, 2011)

The capital raising will enable the Company to complete the building of its Phuoc Son gold plant, which due to unseasonably long and heavy rains has been delayed. This delay has had a consequent affect on internally generated cash flow previously allocated for significant self-funding of the project. Commissioning is now taking place and production from the plant is anticipated to commence in May.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###
Vancouver, B.C., Canada (March 30, 2011) – Clearlease.com reports Olympus Pacific Minerals Inc. (“Olympus” or the “Company”) (TSX:OYM)(OTCBB:OLYMF)(ASX:OYM)(FRANKFURT:OP6) Olympus CEO, David Seton announces the Paterson Securities Equity Placement is now closed.

In order to move forward with the brokered private placement of Convertible Notes for a minimum of CAD$ 12 million with an option (subject to the Company’s acceptance) to sell an additional CAD$ 8 million, thereby achieving the Company’s funding target of a minimum of AUD$ 16.8 Million, Olympus has placed 14 million shares at AUD$ 0.40 to raise AUD$ 5.6 million with clients of Placement Lead Manager Patersons Securities Limited. Settlement of the Placement is due in the next few days. The Company will complete its capital raising by way of a more favorable convertible note offering (See Olympus Press Release dated March 22 & 25, 2011).

The Company believes raising capital through a convertible note is less dilutive and more favorable to shareholders than the earlier announced AUD$ 16.80 million equity raise (See Olympus Press Release dated March 25, 2011)

The capital raising will enable the Company to complete the building of its Phuoc Son gold plant, which due to unseasonably long and heavy rains has been delayed. This delay has had a consequent affect on internally generated cash flow previously allocated for significant self-funding of the project. Commissioning is now taking place and production from the plant is anticipated to commence in May.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###

Dominion Lending Centres Clearlease Reports Clearwater Seafoods LP (TSX:CLR.UN) returns to fourth-quarter profit, stronger sales

Tuesday, March 29th, 2011

Dominion Lending Centres Clearlease Reports Clearwater Seafoods LP (TSX:CLR.UN) returns to fourth-quarter profit, stronger sales

Vancouver, B.C., Canada March 29, 2011 – Clearlease.com reports Clearwater Seafoods LP (TSX:CLR.UN) rose to a fourth-quarter profit of $1 million as the food marketer booked stronger sales results.

The Halifax-based company said revenue in the three month period ended Dec. 31 rose to $77.8 million from $68.4 million in the same period last year.

The profitable quarter was equivalent to two cents per share and compared to a loss of $2.4 million, or five cents per share, a year earlier.

The results were driven by a “healthy” 10 per cent increase in sales volumes, the company said.

Clearwater sells scallops, lobster, clams, shrimp, crab and ground fish.

For the year, the company reported a loss of $7.5 million compared to a $26.1 million profit in 2009. Sales were $291.1 million from $284.1 million.

Clearwater said in its outlook that it expects to show improved earnings and operating margins this year, with the impact of exchange rate volatility on its cash flows likely to be muted.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###

DLC Clearlease.com Reports CEO of the Bank of Nova Scotia (TSX:BNS) says he’s in favour of the Toronto and London stock exchange operators joining forces.

Monday, March 28th, 2011


Vancouver, B.C., Canada March 28, 2011 – Clearlease.com reports the CEO of the Bank of Nova Scotia (TSX:BNS) says he’s in favour of the Toronto and London stock exchange operators joining forces — with some caveats.

Rick Waugh says he hopes the two exchanges seal the deal in a way that protects national and regional interests.

He says he believes in free markets and it would be a shame if the deal fell through for protectionist reasons.

However, he acknowledges regional stock exchanges are important, and that it’s not as simple as putting two mining companies together.

Bank of Montreal (TSX:BMO) has said it also supports the TMX-LSE deal, whereas Canadian Imperial Bank of Commerce (TSX:CM) and Toronto Dominion Bank (TSX:TD) have expressed misgivings.

Waugh made his comments on the sidelines of the annual meeting of the Inter-American Development Bank.

DLC Clearlease offers leasing which allows you to structure a financing program that addresses your key business issues, including: cash flow, budget, transaction, and cyclical fluctuations. For example, some heavy equipment operators request seasonal leases, which allow them to schedule their payments during their busiest months.

Furthermore, financing your equipment from DLC Clearlease guarantees an affordable plan to suit your business equipment needs with less out-of-pocket expenditures, spreading your payments across a manageable period of time. Reserve your capital for other expenses by leasing your equipment from us and save resources, time, value, and straight capital, too. A lease is not considered a long-term debt or liability, so it does not appear as debt on your financial statement, making you more attractive to traditional lenders when you need them.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###DLC Clearlease.com Reports CEO of the Bank of Nova Scotia (TSX:BNS) says he's in favour of the Toronto and London stock exchange operators joining forces.

Vancouver, B.C., Canada March 28, 2011 – Clearlease.com reports the CEO of the Bank of Nova Scotia (TSX:BNS) says he’s in favour of the Toronto and London stock exchange operators joining forces — with some caveats.

Rick Waugh says he hopes the two exchanges seal the deal in a way that protects national and regional interests.

He says he believes in free markets and it would be a shame if the deal fell through for protectionist reasons.

However, he acknowledges regional stock exchanges are important, and that it’s not as simple as putting two mining companies together.

Bank of Montreal (TSX:BMO) has said it also supports the TMX-LSE deal, whereas Canadian Imperial Bank of Commerce (TSX:CM) and Toronto Dominion Bank (TSX:TD) have expressed misgivings.

Waugh made his comments on the sidelines of the annual meeting of the Inter-American Development Bank.

DLC Clearlease offers leasing which allows you to structure a financing program that addresses your key business issues, including: cash flow, budget, transaction, and cyclical fluctuations. For example, some heavy equipment operators request seasonal leases, which allow them to schedule their payments during their busiest months.

Furthermore, financing your equipment from DLC Clearlease guarantees an affordable plan to suit your business equipment needs with less out-of-pocket expenditures, spreading your payments across a manageable period of time. Reserve your capital for other expenses by leasing your equipment from us and save resources, time, value, and straight capital, too. A lease is not considered a long-term debt or liability, so it does not appear as debt on your financial statement, making you more attractive to traditional lenders when you need them.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###
Vancouver, B.C., Canada March 28, 2011 – Clearlease.com reports the CEO of the Bank of Nova Scotia (TSX:BNS) says he’s in favour of the Toronto and London stock exchange operators joining forces — with some caveats.

Rick Waugh says he hopes the two exchanges seal the deal in a way that protects national and regional interests.

He says he believes in free markets and it would be a shame if the deal fell through for protectionist reasons.

However, he acknowledges regional stock exchanges are important, and that it’s not as simple as putting two mining companies together.

Bank of Montreal (TSX:BMO) has said it also supports the TMX-LSE deal, whereas Canadian Imperial Bank of Commerce (TSX:CM) and Toronto Dominion Bank (TSX:TD) have expressed misgivings.

Waugh made his comments on the sidelines of the annual meeting of the Inter-American Development Bank.

DLC Clearlease offers leasing which allows you to structure a financing program that addresses your key business issues, including: cash flow, budget, transaction, and cyclical fluctuations. For example, some heavy equipment operators request seasonal leases, which allow them to schedule their payments during their busiest months.

Furthermore, financing your equipment from DLC Clearlease guarantees an affordable plan to suit your business equipment needs with less out-of-pocket expenditures, spreading your payments across a manageable period of time. Reserve your capital for other expenses by leasing your equipment from us and save resources, time, value, and straight capital, too. A lease is not considered a long-term debt or liability, so it does not appear as debt on your financial statement, making you more attractive to traditional lenders when you need them.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###

DLC Clearlease.com Reports Orion Oil & Gas Corporation (TSX:OIP) Announces $120 Million Syndicated Credit Facilities.

Monday, March 28th, 2011


Vancouver, B.C., Canada March 28, 2011 – Clearlease.com reports Orion Oil & Gas Corporation (“Orion” or the “Company”) (TSX:OIP) announces that it has secured a $60 million increase in its credit facility. Orion’s existing credit facility will be replaced with a new syndicated credit facility and an operating facility in an aggregate principal amount of $120 million (together the “Credit Facilities”).

The syndication of the Credit Facilities was led by TD Securities (“TD”) and includes BNP Paribas (BNP”), The Bank of Nova Scotia (“BNS”), and Societe Generale (“SG”). The new Credit Facilities are comprised of a $100 million committed syndicated credit facility and a $20 million committed operating facility. Both are revolving facilities with term-out provisions with the initial revolving period ending on or about April 30, 2012. If the Credit Facilities are not renewed they will convert to 365-day term loans. The Credit Facilities will bear interest at the prime rate, bankers’ acceptance rate or LIBOR plus a spread determined by Orion’s debt-to-EBITDA ratio. The proceeds of the Credit Facilities may be used for general corporate purposes, including working capital and acquisitions.

“We are very pleased to have executed a significant increase in our Credit Facilities. The confidence and support shown by TD, BNS, BNP, and SG is a testament to the progress we have made thus far and we look forward to strengthening our relationship with our new partners,” said Gary Guidry, President and Chief Executive Officer of Orion. “These Credit Facilities, combined with our free funds flow from operations, ensure that we have the financial capability required to support our strategic plan.”

Summary Information Relating to Orion

Orion is engaged in the exploration for and development of oil and natural gas interests located primarily in the Kaybob, Redwater and Bigstone areas of Alberta. Orion is operator at its Kaybob, Redwater and Bigstone properties.

DLC Clearlease offers leasing which allows you to structure a financing program that addresses your key business issues, including: cash flow, budget, transaction, and cyclical fluctuations. For example, some heavy equipment operators request seasonal leases, which allow them to schedule their payments during their busiest months.

Furthermore, financing your equipment from DLC Clearlease guarantees an affordable plan to suit your business equipment needs with less out-of-pocket expenditures, spreading your payments across a manageable period of time. Reserve your capital for other expenses by leasing your equipment from us and save resources, time, value, and straight capital, too. A lease is not considered a long-term debt or liability, so it does not appear as debt on your financial statement, making you more attractive to traditional lenders when you need them.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###DLC Clearlease.com Reports Orion Oil & Gas Corporation (TSX:OIP) Announces $120 Million Syndicated Credit Facilities.

Vancouver, B.C., Canada March 28, 2011 – Clearlease.com reports Orion Oil & Gas Corporation (“Orion” or the “Company”) (TSX:OIP) announces that it has secured a $60 million increase in its credit facility. Orion’s existing credit facility will be replaced with a new syndicated credit facility and an operating facility in an aggregate principal amount of $120 million (together the “Credit Facilities”).

The syndication of the Credit Facilities was led by TD Securities (“TD”) and includes BNP Paribas (BNP”), The Bank of Nova Scotia (“BNS”), and Societe Generale (“SG”). The new Credit Facilities are comprised of a $100 million committed syndicated credit facility and a $20 million committed operating facility. Both are revolving facilities with term-out provisions with the initial revolving period ending on or about April 30, 2012. If the Credit Facilities are not renewed they will convert to 365-day term loans. The Credit Facilities will bear interest at the prime rate, bankers’ acceptance rate or LIBOR plus a spread determined by Orion’s debt-to-EBITDA ratio. The proceeds of the Credit Facilities may be used for general corporate purposes, including working capital and acquisitions.

“We are very pleased to have executed a significant increase in our Credit Facilities. The confidence and support shown by TD, BNS, BNP, and SG is a testament to the progress we have made thus far and we look forward to strengthening our relationship with our new partners,” said Gary Guidry, President and Chief Executive Officer of Orion. “These Credit Facilities, combined with our free funds flow from operations, ensure that we have the financial capability required to support our strategic plan.”

Summary Information Relating to Orion

Orion is engaged in the exploration for and development of oil and natural gas interests located primarily in the Kaybob, Redwater and Bigstone areas of Alberta. Orion is operator at its Kaybob, Redwater and Bigstone properties.

DLC Clearlease offers leasing which allows you to structure a financing program that addresses your key business issues, including: cash flow, budget, transaction, and cyclical fluctuations. For example, some heavy equipment operators request seasonal leases, which allow them to schedule their payments during their busiest months.

Furthermore, financing your equipment from DLC Clearlease guarantees an affordable plan to suit your business equipment needs with less out-of-pocket expenditures, spreading your payments across a manageable period of time. Reserve your capital for other expenses by leasing your equipment from us and save resources, time, value, and straight capital, too. A lease is not considered a long-term debt or liability, so it does not appear as debt on your financial statement, making you more attractive to traditional lenders when you need them.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###
Vancouver, B.C., Canada March 28, 2011 – Clearlease.com reports Orion Oil & Gas Corporation (“Orion” or the “Company”) (TSX:OIP) announces that it has secured a $60 million increase in its credit facility. Orion’s existing credit facility will be replaced with a new syndicated credit facility and an operating facility in an aggregate principal amount of $120 million (together the “Credit Facilities”).

The syndication of the Credit Facilities was led by TD Securities (“TD”) and includes BNP Paribas (BNP”), The Bank of Nova Scotia (“BNS”), and Societe Generale (“SG”). The new Credit Facilities are comprised of a $100 million committed syndicated credit facility and a $20 million committed operating facility. Both are revolving facilities with term-out provisions with the initial revolving period ending on or about April 30, 2012. If the Credit Facilities are not renewed they will convert to 365-day term loans. The Credit Facilities will bear interest at the prime rate, bankers’ acceptance rate or LIBOR plus a spread determined by Orion’s debt-to-EBITDA ratio. The proceeds of the Credit Facilities may be used for general corporate purposes, including working capital and acquisitions.

“We are very pleased to have executed a significant increase in our Credit Facilities. The confidence and support shown by TD, BNS, BNP, and SG is a testament to the progress we have made thus far and we look forward to strengthening our relationship with our new partners,” said Gary Guidry, President and Chief Executive Officer of Orion. “These Credit Facilities, combined with our free funds flow from operations, ensure that we have the financial capability required to support our strategic plan.”

Summary Information Relating to Orion

Orion is engaged in the exploration for and development of oil and natural gas interests located primarily in the Kaybob, Redwater and Bigstone areas of Alberta. Orion is operator at its Kaybob, Redwater and Bigstone properties.

DLC Clearlease offers leasing which allows you to structure a financing program that addresses your key business issues, including: cash flow, budget, transaction, and cyclical fluctuations. For example, some heavy equipment operators request seasonal leases, which allow them to schedule their payments during their busiest months.

Furthermore, financing your equipment from DLC Clearlease guarantees an affordable plan to suit your business equipment needs with less out-of-pocket expenditures, spreading your payments across a manageable period of time. Reserve your capital for other expenses by leasing your equipment from us and save resources, time, value, and straight capital, too. A lease is not considered a long-term debt or liability, so it does not appear as debt on your financial statement, making you more attractive to traditional lenders when you need them.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###

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