All posts by : Admin-CL

Dominion Lending Centres Clearlease Reports Ondine (TSX:OBP) narrows Q1 loss as expenses decrease, consulting fees rise

VANCOUVER, BC (June 8, 2011) Dominion Lending Centres Clearlease Reports Medical technology company Ondine Biomedical Inc. (TSX:OBP) narrowed its first-quarter loss from a year ago as expenses decreased and consulting fees increased.

The Vancouver company (TSX:OBP) said Wednesday June 8, 2011 it lost just over $1 million, or 10 cents a share, during the first three months of 2011.

In the same 2010 period, Ondine lost $1.24 million, or 17 cents per share.

Revenues rose to more than $368,000 from just under $285,000.

Research and development expenses decreased to $841,000 from roughly $941,000, while general and administrative expenses fell to $492,000 from $554,000.

Meanwhile, consulting revenue rose from $201,000 a year ago to $340,000, but that was offset by a lower gross margin.

Ondine develops technologies to fight infections using light, instead of antibiotics, which can grow resistant to bacteria.

Ondine shares were flat at 23.5 cents on the Toronto Stock Exchange in trading Wednesday.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

VANCOUVER, BC (June 8, 2011) Dominion Lending Centres Clearlease Reports Medical technology company Ondine Biomedical Inc. (TSX:OBP) narrowed its first-quarter loss from a year ago as expenses decreased and consulting fees increased.

The Vancouver company (TSX:OBP) said Wednesday June 8, 2011 it lost just over $1 million, or 10 cents a share, during the first three months of 2011.

In the same 2010 period, Ondine lost $1.24 million, or 17 cents per share.

Revenues rose to more than $368,000 from just under $285,000.

Research and development expenses decreased to $841,000 from roughly $941,000, while general and administrative expenses fell to $492,000 from $554,000.

Meanwhile, consulting revenue rose from $201,000 a year ago to $340,000, but that was offset by a lower gross margin.

Ondine develops technologies to fight infections using light, instead of antibiotics, which can grow resistant to bacteria.

Ondine shares were flat at 23.5 cents on the Toronto Stock Exchange in trading Wednesday.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Ontario Securities Commission (OSC) says it is investigating Sino-Forest

VANCOUVER, BC (June 8, 2011) Dominion Lending Centres Clearlease Reports The Ontario Securities Commission has launched an investigation into Sino-Forest Corp. (TSX:TRE), the Chinese timberland owner accused of exaggerating its sales and assets.

A spokeswoman for the provincial securities regulator confirmed Wednesday June 8, 2011 that the OSC has begun an investigation into “matters related” to the Toronto-listed company, but did not provide any further details.

Shares in the company have lost three-quarters of their value since the allegations were made last week by short-seller Muddy Waters Research.

The company said it would ask securities regulators to investigate the trading activities conducted by Muddy Waters, which made the allegations in a scathing commentary on the company last week.

Muddy Waters has also said it would provide copies of the documentation it has reviewed to the regulator.

The company has appointed an independent committee to investigate the claims, but says it’s confident it will be vindicated.

In an effort to ease investor concerns, Sino-Forest has released sales agreements and other documents showing its ownership of timberlands in China.

Shares of the company were up 51 cents to $4.52 in trading on the Toronto Stock Exchange.

On Tuesday June 7, 2011, Moody’s Investors Service put Sino-Forest under review for a possible downgrade after it raised concerns the company’s business may be affected even if the accusations are proven false.

“Moody’s notes that Sino-Forest has been growing aggressively, and needs ongoing access to the equity and debt markets to continue such growth,” the debt rating agency said in a statement.

“There is a risk that the current allegations will damage its ability to do so, or increase the cost of doing so.”

Moody’s, which currently had a rating of Ba2 on the company, said $1.9 billion in Sino-Forest debt is affected by the review.

The stock had traded for more than $18 before short-seller Muddy Waters Research published a scathing commentary on the company accusing it of fraud.

The company said it would detail its sources and uses of cash when it releases its quarterly financial results on Tuesday June 7, 2011. Sino-Forest is also expected to take questions from financial analysts when it holds a conference call to discuss the results.

The average analyst estimate is for Sino-Forest to report a profit of 22 cents per share on $386 million in revenue, according to Thomson Reuters.

In 2010, the company reported a profit of $395.4 million or $1.60 per diluted share on $1.92 billion in revenues. That compared with a profit of $286.4 million or $1.38 per diluted share on $1.24 billion in revenue in 2009.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

VANCOUVER, BC (June 8, 2011) Dominion Lending Centres Clearlease Reports The Ontario Securities Commission has launched an investigation into Sino-Forest Corp. (TSX:TRE), the Chinese timberland owner accused of exaggerating its sales and assets.

A spokeswoman for the provincial securities regulator confirmed Wednesday June 8, 2011 that the OSC has begun an investigation into “matters related” to the Toronto-listed company, but did not provide any further details.

Shares in the company have lost three-quarters of their value since the allegations were made last week by short-seller Muddy Waters Research.

The company said it would ask securities regulators to investigate the trading activities conducted by Muddy Waters, which made the allegations in a scathing commentary on the company last week.

Muddy Waters has also said it would provide copies of the documentation it has reviewed to the regulator.

The company has appointed an independent committee to investigate the claims, but says it’s confident it will be vindicated.

In an effort to ease investor concerns, Sino-Forest has released sales agreements and other documents showing its ownership of timberlands in China.

Shares of the company were up 51 cents to $4.52 in trading on the Toronto Stock Exchange.

On Tuesday June 7, 2011, Moody’s Investors Service put Sino-Forest under review for a possible downgrade after it raised concerns the company’s business may be affected even if the accusations are proven false.

“Moody’s notes that Sino-Forest has been growing aggressively, and needs ongoing access to the equity and debt markets to continue such growth,” the debt rating agency said in a statement.

“There is a risk that the current allegations will damage its ability to do so, or increase the cost of doing so.”

Moody’s, which currently had a rating of Ba2 on the company, said $1.9 billion in Sino-Forest debt is affected by the review.

The stock had traded for more than $18 before short-seller Muddy Waters Research published a scathing commentary on the company accusing it of fraud.

The company said it would detail its sources and uses of cash when it releases its quarterly financial results on Tuesday June 7, 2011. Sino-Forest is also expected to take questions from financial analysts when it holds a conference call to discuss the results.

The average analyst estimate is for Sino-Forest to report a profit of 22 cents per share on $386 million in revenue, according to Thomson Reuters.

In 2010, the company reported a profit of $395.4 million or $1.60 per diluted share on $1.92 billion in revenues. That compared with a profit of $286.4 million or $1.38 per diluted share on $1.24 billion in revenue in 2009.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Reports Today is World IPv6 Day, global test of plan to thwart Internet address shortage

VANCOUVER, BC (June 8, 2011) Dominion Lending Centres Clearlease Reports if you notice certain websites are a little slow today, Wednsday June 8, 2011, it’s not you, or your Internet connection.

Today is World IPv6 Day, a global test of a new standard designed to thwart the looming shortage of Internet addresses.

The previous standard, IPv4, allowed for 4.3 billion addresses, which seemed like plenty when it was implemented in the 1980s.

But experts say those addresses could run out sometime this year and the world needs to move toward the new system.

Some of the web’s biggest superpowers, including Google, Facebook and Yahoo!, are among the sites participating in the global test to see if the new addresses work as planned.

Facebook says 99.97 per cent of its users won’t be affected, while the others may find pages load slowly.

Google expects 99.5 per cent of its users will notice no difference.

The new IPv6 standard can handle 340 undecillion addresses, or 340,282,366,920,938,463,374,607,431,768,211,456, to be exact.

In Canada, the Canadian Internet Registration Authority, the British Columbia government and CANARIE, Canada’s advanced research and education networks, are among those participating in the test.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

VANCOUVER, BC (June 8, 2011) Dominion Lending Centres Clearlease Reports if you notice certain websites are a little slow today, Wednesday June 8, 2011, it’s not you, or your Internet connection.

Today is World IPv6 Day, a global test of a new standard designed to thwart the looming shortage of Internet addresses.

The previous standard, IPv4, allowed for 4.3 billion addresses, which seemed like plenty when it was implemented in the 1980s.

But experts say those addresses could run out sometime this year and the world needs to move toward the new system.

Some of the web’s biggest superpowers, including Google, Facebook and Yahoo!, are among the sites participating in the global test to see if the new addresses work as planned.

Facebook says 99.97 per cent of its users won’t be affected, while the others may find pages load slowly.

Google expects 99.5 per cent of its users will notice no difference.

The new IPv6 standard can handle 340 undecillion addresses, or 340,282,366,920,938,463,374,607,431,768,211,456, to be exact.

In Canada, the Canadian Internet Registration Authority, the British Columbia government and CANARIE, Canada’s advanced research and education networks, are among those participating in the test.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Sony (NYSE:SNE) says 37,500 people had their information stolen in recent data breach

VANCOUVER, BC (June 8, 2011) Dominion Lending Centres Clearlease Reports Sony Pictures Entertainment (NYSE:SNE) said Wednesday June 8, 2011 approximately 37,500 users had personally identifiable information stolen in an attack last week on its website.

The Culver City, California-based company says it notified users of the breach Wednesday and warned them to change passwords.

Parent company Sony Corp. has been hammered by personal data loss problems, including separate hacks that compromised the personal information of more than 100 million users earlier this year.

It has also suffered additional breaches since the attack on Sony Pictures’ website, including a hack that claimed 120 usernames and passwords from Sony Europe.

Hackers Lulz Security had boasted of accessing more than 1 million accounts, but said they could only steal a fraction of the names due to resource issues.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

VANCOUVER, BC (June 8, 2011) Dominion Lending Centres Clearlease Reports Sony Pictures Entertainment (NYSE:SNE) said Wednesday June 8, 2011 approximately 37,500 users had personally identifiable information stolen in an attack last week on its website.

The Culver City, California-based company says it notified users of the breach Wednesday and warned them to change passwords.

Parent company Sony Corp. has been hammered by personal data loss problems, including separate hacks that compromised the personal information of more than 100 million users earlier this year.

It has also suffered additional breaches since the attack on Sony Pictures’ website, including a hack that claimed 120 usernames and passwords from Sony Europe.

Hackers Lulz Security had boasted of accessing more than 1 million accounts, but said they could only steal a fraction of the names due to resource issues.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports OPEC unexpectedly opts to maintain output levels, meet within 3 months to consider hike

VANCOUVER, BC (June 8, 2011) Dominion Lending Centres Clearlease Reports Oil prices are surging above US$100 per barrel after OPEC unexpectedly announced it planned to keep production levels where they are for Wednesday June 8, 2011.

Benchmark crude for July delivery rose $1.25 to $100.34 a barrel in morning trading on the New York Mercantile Exchange.

In London, Brent crude added $1.22 to US$118 a barrel on the ICE Futures exchange.

Analysts thought the 12-member group would boost production in an effort to cool off oil prices and take some pressure off the world economy.

Increased global demand combined with violent uprisings in oil-rich countries of North Africa and the Middle East forced crude prices 25 per cent higher from January to April.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

VANCOUVER, BC (June 8, 2011) Dominion Lending Centres Clearlease Reports Oil prices are surging above US$100 per barrel after OPEC unexpectedly announced it planned to keep production levels where they are for Wednesday June 8, 2011.

Benchmark crude for July delivery rose $1.25 to $100.34 a barrel in morning trading on the New York Mercantile Exchange.

In London, Brent crude added $1.22 to US$118 a barrel on the ICE Futures exchange.

Analysts thought the 12-member group would boost production in an effort to cool off oil prices and take some pressure off the world economy.

Increased global demand combined with violent uprisings in oil-rich countries of North Africa and the Middle East forced crude prices 25 per cent higher from January to April.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports FairWest Energy (TSXV:FEC) says farmout deal leads to Alberta drilling

VANCOUVER, BC (June 8, 2011) Dominion Lending Centres Clearlease Reports FairWest Energy Corporation (TSXV:FEC) says companies that struck farmout deals with the Calgary junior energy producer have begun drilling horizontal wells on FairWest lands in the Provost area of east central Alberta.

The horizontal wells are being drilled to evaluate the resource potential of the Viking oil formation, FairWest said Wednesday.

In the first farmout agreement, the company acquiring the option committed to drill five horizontal wells by August 31, with an option for further wells.

In the second farmout agreement, the farmee company will drill two horizontal wells by the end of June, with an option on another well.

In another matter, FairWest closed a Mannville oil acquisition for $350,000 in the Berry Creek area of Alberta.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

VANCOUVER, BC (June 8, 2011) Dominion Lending Centres Clearlease Reports FairWest Energy Corporation (TSXV:FEC) says companies that struck farmout deals with the Calgary junior energy producer have begun drilling horizontal wells on FairWest lands in the Provost area of east central Alberta.

The horizontal wells are being drilled to evaluate the resource potential of the Viking oil formation, FairWest said Wednesday.

In the first farmout agreement, the company acquiring the option committed to drill five horizontal wells by August 31, with an option for further wells.

In the second farmout agreement, the farmee company will drill two horizontal wells by the end of June, with an option on another well.

In another matter, FairWest closed a Mannville oil acquisition for $350,000 in the Berry Creek area of Alberta.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Air Canada (TSX: AC.B AC.A) planes fuller in May, Westjet Airlines Ltd (WJA.TO) emptier

VANCOUVER, BC (June 7, 2011) Dominion Lending Centres Clearlease Reports Air Canada (TSX: AC.B AC.A), Canada’s biggest airline, said it flew slightly fuller planes for May from a year earlier, while its nearest rival Westjet Airlines Ltd (WJA.TO) planes were emptier.

Air Canada said tuesday June 7, 2011 its system load factor for May was 82.2 percent, up from 82 percent in May last year.

“Led by a 13 percent increase on U.S. transborder routes, we generated greater traffic in all markets with system wide growth of 5 percent,” Air Canada Chief Executive Calin Rovinescu said in a statement.

WestJet CEO Gregg Saretsky said, “An increase in our domestic capacity this month contributed to a lower year-over-year load factor.”

WestJet’s load factor — the percentage of available seats filled with paying customers — fell to 74.8 percent from 77.7 percent in May last year.

For WestJet, revenue passenger miles, or traffic, rose 3.1 percent. Capacity, measured in available seat miles, grew 7 percent.

Shares of Calgary-based WestJet closed at C$15.25, while Air Canada shares closed at C$2.16 on Friday on the Toronto Stock Exchange.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

VANCOUVER, BC (June 7, 2011) Dominion Lending Centres Clearlease Reports Air Canada (TSX: AC.B AC.A), Canada’s biggest airline, said it flew slightly fuller planes for May from a year earlier, while its nearest rival Westjet Airlines Ltd (WJA.TO) planes were emptier.

Air Canada said tuesday June 7, 2011 its system load factor for May was 82.2 percent, up from 82 percent in May last year.

“Led by a 13 percent increase on U.S. transborder routes, we generated greater traffic in all markets with system wide growth of 5 percent,” Air Canada Chief Executive Calin Rovinescu said in a statement.

WestJet CEO Gregg Saretsky said, “An increase in our domestic capacity this month contributed to a lower year-over-year load factor.”

WestJet’s load factor — the percentage of available seats filled with paying customers — fell to 74.8 percent from 77.7 percent in May last year.

For WestJet, revenue passenger miles, or traffic, rose 3.1 percent. Capacity, measured in available seat miles, grew 7 percent.

Shares of Calgary-based WestJet closed at C$15.25, while Air Canada shares closed at C$2.16 on Friday on the Toronto Stock Exchange.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Moody’s puts Sino-Forest (TSX:TRE) ratings under review for possible downgrade

VANCOUVER, BC (June 7, 2011) Dominion Lending Centres Clearlease Reports Moody’s Investors Service put Sino-Forest Corp. (TSX:TRE) under review Tuesday June 7, 2011 for a possible downgrade as the TSX-traded Chinese timberland owner continued to fight allegations it exaggerated sales and assets.

Sino-Forest has refuted the allegations, but Moody’s raised concerns the company’s business may be affected even if the accusations are proven false.

“Moody’s notes that Sino-Forest has been growing aggressively, and needs ongoing access to the equity and debt markets to continue such growth,” the debt rating agency said in a statement.

“There is a risk that the current allegations will damage its ability to do so, or increase the cost of doing so.”

Moody’s, which currently had a rating of Ba2 on the company, said $1.9 billion in Sino-Forest debt is affected by the review.

The review came as Sino-Forest stepped up its fight against allegations by short-seller Muddy Waters Research, which placed an estimated value of less than $1 for each Sino-Forest share.

Sino-Forest released English translations Tuesday to sales agreements and other documents showing its ownership of timberlands in China.

The company has released the Chinese versions of the documents as well as bank statements for accounts in China and Hong Kong.

In a note to clients Tuesday, Scotia Capital analyst Benoit Laprade said the company has released specific purchase agreements covering 1,616 hectares of land out of the company’s total holdings of 788,700 hectares.

“(Sino-Forest) has started to provide evidence of timber ownership, but the process will take time,” wrote Laprade, who has placed his rating on the company under review.

Laprade noted that a Muddy Waters investor call raised more questions than it provided answers.

“Issues raised include TRE’s accounting (and controls), related-party transactions, business structures (Authorized Intermediaries), and replanting requirements,” the Scotia Capital analyst wrote.

The company said it would detail its sources and uses of cash when it releases its quarterly financial results June 14. Sino-Forest is also expected to take questions from financial analysts when it holds a conference call to discuss the results.

Moody’s noted a material increase in working capital at Sino-Forest during 2010 and said the earnings report “should provide insight into the progress of converting working capital to cash.”

The average analyst estimate is for Sino-Forest to report a profit of 22 cents per share on $386 million in revenue, according to Thomson Reuters.

In 2010, the company reported a profit of $395.4 million or $1.60 per diluted share on $1.92 billion in revenues. That compared with a profit of $286.4 million or $1.38 per diluted share on $1.24 billion in revenue in 2009.

Shares in Sino-Forest were down about 20 per cent or $1.22 in trading Tuesday at $4.88, its lowest point since July 2010.

The stock had traded for more than $18 before short-seller Muddy Waters Research published a scathing commentary on the company accusing it of fraud.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

VANCOUVER, BC (June 7, 2011) Dominion Lending Centres Clearlease Reports Moody’s Investors Service put Sino-Forest Corp. (TSX:TRE) under review Tuesday June 7, 2011 for a possible downgrade as the TSX-traded Chinese timberland owner continued to fight allegations it exaggerated sales and assets.

Sino-Forest has refuted the allegations, but Moody’s raised concerns the company’s business may be affected even if the accusations are proven false.

“Moody’s notes that Sino-Forest has been growing aggressively, and needs ongoing access to the equity and debt markets to continue such growth,” the debt rating agency said in a statement.

“There is a risk that the current allegations will damage its ability to do so, or increase the cost of doing so.”

Moody’s, which currently had a rating of Ba2 on the company, said $1.9 billion in Sino-Forest debt is affected by the review.

The review came as Sino-Forest stepped up its fight against allegations by short-seller Muddy Waters Research, which placed an estimated value of less than $1 for each Sino-Forest share.

Sino-Forest released English translations Tuesday to sales agreements and other documents showing its ownership of timberlands in China.

The company has released the Chinese versions of the documents as well as bank statements for accounts in China and Hong Kong.

In a note to clients Tuesday, Scotia Capital analyst Benoit Laprade said the company has released specific purchase agreements covering 1,616 hectares of land out of the company’s total holdings of 788,700 hectares.

“(Sino-Forest) has started to provide evidence of timber ownership, but the process will take time,” wrote Laprade, who has placed his rating on the company under review.

Laprade noted that a Muddy Waters investor call raised more questions than it provided answers.

“Issues raised include TRE’s accounting (and controls), related-party transactions, business structures (Authorized Intermediaries), and replanting requirements,” the Scotia Capital analyst wrote.

The company said it would detail its sources and uses of cash when it releases its quarterly financial results June 14. Sino-Forest is also expected to take questions from financial analysts when it holds a conference call to discuss the results.

Moody’s noted a material increase in working capital at Sino-Forest during 2010 and said the earnings report “should provide insight into the progress of converting working capital to cash.”

The average analyst estimate is for Sino-Forest to report a profit of 22 cents per share on $386 million in revenue, according to Thomson Reuters.

In 2010, the company reported a profit of $395.4 million or $1.60 per diluted share on $1.92 billion in revenues. That compared with a profit of $286.4 million or $1.38 per diluted share on $1.24 billion in revenue in 2009.

Shares in Sino-Forest were down about 20 per cent or $1.22 in trading Tuesday at $4.88, its lowest point since July 2010.

The stock had traded for more than $18 before short-seller Muddy Waters Research published a scathing commentary on the company accusing it of fraud.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Maple Group says it’s been in talks with potential new investors

VANCOUVER, BC (June 7, 2011) Dominion Lending Centres Clearlease Reports Maple Group Acquisition Corp., the consortium of nine Canadian banks and pension plans that’s making a $3.6-billion hostile bid for TMX Group, said Tuesday june 7, 2011 it has been in talks with a number of other potential investors about joining the group.

Spokesman Peter Block said Tuesday that the Maple Group has been approached by a number of “new potential investors,” in the financial services sector, but would not conform reports that the investors include Desjardins Financial Group, GMP Capital Inc., and Dundee Capital Markets.

“We’ve been approached and talked to a number of people,” he said.

“What we’ve heard from people with whom we’ve been in discussion is there has been considerable interest.”

Block said the level of interest being shown is a vote of confidence and provides “a sense of momentum” to its alternative proposal for the TMX Group (TSX:X), which operates the Toronto Stock Exchange and other Canadian exchange.

“They’re voting with their wallets … it’s a pretty big endorsement,” he said.

Members of the Maple Group Acquisition Corp. already include Alberta Investment Management Corp., Caisse de dépôt et placement du Québec, Canada Pension Plan Investment Board, CIBC World Markets Inc., Fonds de solidarité des travailleurs du Québec, National Bank Financial Inc., Ontario Teachers’ Pension Plan Board, Scotia Capital Inc. and TD Securities Inc.

New investors could help the group sweeten its takeover proposal, valued at $3.6-billion when it was announced. It already represents a 24 per cent premium to the implied value of the TMX’s favoured merger agreement with the London Stock Exchange Group.

The alternative proposal was rejected by the TMX Group last month over regulatory and debt risks.

However, the Maple Group plans to mail out its offer directly to shareholders this week in the hopes that they will tender their shares to the consortium, allowing the group to sidestep the TMX board in its acquisition plans.

The Maple Group offer is meant to keep TMX in Canadian ownership after many bank and government officials raised concerns about the so-called “merger of equals” with the LSE, which is technically a takeover by the British operator.

The TMX Group is pushing ahead with plans to merge with the London Stock Exchange Group and will hold a special shareholder meeting later this month to vote on the agreement.

The deal is subject to approval from various Canadian regulators, including a review from Industry Canada under the Investment Canada Act, which must determine if the merger is “of net benefit” to Canada.

However, the Maple bid also faces significant regulatory challenges ahead.

It is dependent on a review by the Competition Bureau, which must rule whether the group can go ahead with plans to acquire the bank-owned alternative stock exchange Alpha Group and the CDS clearinghouse.

Any integration of the operator of the Toronto Stock Exchange and the alternative Alpha trading platform would give the group control of about 80 per cent of stock trading volume in Canada.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

VANCOUVER, BC (June 7, 2011) Dominion Lending Centres Clearlease Reports Maple Group Acquisition Corp., the consortium of nine Canadian banks and pension plans that’s making a $3.6-billion hostile bid for TMX Group, said Tuesday june 7, 2011 it has been in talks with a number of other potential investors about joining the group.

Spokesman Peter Block said Tuesday that the Maple Group has been approached by a number of “new potential investors,” in the financial services sector, but would not conform reports that the investors include Desjardins Financial Group, GMP Capital Inc., and Dundee Capital Markets.

“We’ve been approached and talked to a number of people,” he said.

“What we’ve heard from people with whom we’ve been in discussion is there has been considerable interest.”

Block said the level of interest being shown is a vote of confidence and provides “a sense of momentum” to its alternative proposal for the TMX Group (TSX:X), which operates the Toronto Stock Exchange and other Canadian exchange.

“They’re voting with their wallets … it’s a pretty big endorsement,” he said.

Members of the Maple Group Acquisition Corp. already include Alberta Investment Management Corp., Caisse de dépôt et placement du Québec, Canada Pension Plan Investment Board, CIBC World Markets Inc., Fonds de solidarité des travailleurs du Québec, National Bank Financial Inc., Ontario Teachers’ Pension Plan Board, Scotia Capital Inc. and TD Securities Inc.

New investors could help the group sweeten its takeover proposal, valued at $3.6-billion when it was announced. It already represents a 24 per cent premium to the implied value of the TMX’s favoured merger agreement with the London Stock Exchange Group.

The alternative proposal was rejected by the TMX Group last month over regulatory and debt risks.

However, the Maple Group plans to mail out its offer directly to shareholders this week in the hopes that they will tender their shares to the consortium, allowing the group to sidestep the TMX board in its acquisition plans.

The Maple Group offer is meant to keep TMX in Canadian ownership after many bank and government officials raised concerns about the so-called “merger of equals” with the LSE, which is technically a takeover by the British operator.

The TMX Group is pushing ahead with plans to merge with the London Stock Exchange Group and will hold a special shareholder meeting later this month to vote on the agreement.

The deal is subject to approval from various Canadian regulators, including a review from Industry Canada under the Investment Canada Act, which must determine if the merger is “of net benefit” to Canada.

However, the Maple bid also faces significant regulatory challenges ahead.

It is dependent on a review by the Competition Bureau, which must rule whether the group can go ahead with plans to acquire the bank-owned alternative stock exchange Alpha Group and the CDS clearinghouse.

Any integration of the operator of the Toronto Stock Exchange and the alternative Alpha trading platform would give the group control of about 80 per cent of stock trading volume in Canada.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Pure Nickel Exploration (Toronto:NIC.TO) (OTC BB:PNCKF.OB) Update

VANCOUVER, BC (June 7, 2011) Dominion Lending Centres Clearlease Reports Pure Nickel Inc. (Toronto:NIC.TO) (OTC BB:PNCKF.OB) is pleased to provide an update on its exploration activities for the upcoming summer season tuesday June 7, 2011.

Highlights

* Drilling has commenced at the MAN Alaska project
* Permitting process for Salt Chuck Alaska property in early stages
* Rockcliff Resources completes first phase of drilling

MAN Alaska Property

During April Pure Nickel announced that its partner on the MAN property, ITOCHU Corporation, had confirmed its continued participation in the 2011 program. Since that time the exploration program and budget have been finalized, all permits are in place, and activity on the site has commenced, the drill started turning on June 5th. The Company is pleased to report that this year’s service providers include Cabo Drilling Corp. and Last Frontier Air Ventures Ltd. A one drill program is underway to explore the Alpha Complex focusing on the Platinum Group Element (PGE) horizons that were discovered during the 2010 season. Several targets on the Rainy Complex, in the Northern region of the property have also been identified. The Rainy targets are based on strong geophysical anomalies and geochemistry analysis (rock, stream and sediment analysis). The 2011 budget is approximately US$4.8 million. Larry Hulbert, D.Sc., P.Geo is the designated Qualified Person for this project.

Salt Chuck, Alaska Property

The Salt Chuck property is located on Prince of Wales Island in the Alaskan Panhandle. The property consists of 146 contiguous federal lode mining claims (10.85 km2). The Salt Chuck mine produced approximately 300,000 metric tonnes of ore, reported by US government summaries (1948) to be 0.95 % Copper, 1.96 g/t Palladium, 1.12 g/t Gold and 5.29 g/t Silver. The mine was the largest producer of palladium in the USA during its era of production.

The permitting process for the property has been initiated and plans for a fall or winter exploration program are being readied. The temperate climate on Prince of Wales Island is conducive for year round drilling. Larry Hulbert, D.Sc., P.Geo is the designated Qualified Person for this project.

Tower, Manitoba Property

Results from a 24 hole, 7,500 metre drill program by Pure Nickel’s option partner Rockcliff Resources have been released. Results to date have been excellent and have consistently returned high grade copper values. Future drilling, subject to Rockcliff Resources scheduling, will target the mineralization along strike and to a vertical depth of 600 metres. Ken Lapierre, P.Geo., and Mark Smethurst, of Rockcliff Resources Inc., are the designated Qualified Persons for this project.

Property Divestiture

The HPM/Forgues property located in Quebec is jointly owned by Manicouagan Minerals and Pure Nickel. Due to the low potential for discovery the twenty five claims that comprise the Forgues portion of the property will not be renewed. The claims that make up the HPM portion of the property will remain in the joint venture partnership.

About Pure Nickel Inc.

Pure Nickel is a mineral exploration company with a diverse collection of mineral exploration projects in North America.

Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, expectations, plans, and objectives of Pure Nickel are forward-looking statements that involve various risks. The following are important factors that could cause Pure Nickel’s actual results to differ materially from those expressed or implied by such forward-looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future exploration activities and cash flows, and the uncertainty of access to additional capital. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Pure Nickel undertakes no obligation to update such forward-looking statements if circumstances or management’s estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

VANCOUVER, BC (June 7, 2011) Dominion Lending Centres Clearlease Reports Pure Nickel Inc. (Toronto:NIC.TO) (OTC BB:PNCKF.OB) is pleased to provide an update on its exploration activities for the upcoming summer season tuesday June 7, 2011.

Highlights

* Drilling has commenced at the MAN Alaska project
* Permitting process for Salt Chuck Alaska property in early stages
* Rockcliff Resources completes first phase of drilling

MAN Alaska Property

During April Pure Nickel announced that its partner on the MAN property, ITOCHU Corporation, had confirmed its continued participation in the 2011 program. Since that time the exploration program and budget have been finalized, all permits are in place, and activity on the site has commenced, the drill started turning on June 5th. The Company is pleased to report that this year’s service providers include Cabo Drilling Corp. and Last Frontier Air Ventures Ltd. A one drill program is underway to explore the Alpha Complex focusing on the Platinum Group Element (PGE) horizons that were discovered during the 2010 season. Several targets on the Rainy Complex, in the Northern region of the property have also been identified. The Rainy targets are based on strong geophysical anomalies and geochemistry analysis (rock, stream and sediment analysis). The 2011 budget is approximately US$4.8 million. Larry Hulbert, D.Sc., P.Geo is the designated Qualified Person for this project.

Salt Chuck, Alaska Property

The Salt Chuck property is located on Prince of Wales Island in the Alaskan Panhandle. The property consists of 146 contiguous federal lode mining claims (10.85 km2). The Salt Chuck mine produced approximately 300,000 metric tonnes of ore, reported by US government summaries (1948) to be 0.95 % Copper, 1.96 g/t Palladium, 1.12 g/t Gold and 5.29 g/t Silver. The mine was the largest producer of palladium in the USA during its era of production.

The permitting process for the property has been initiated and plans for a fall or winter exploration program are being readied. The temperate climate on Prince of Wales Island is conducive for year round drilling. Larry Hulbert, D.Sc., P.Geo is the designated Qualified Person for this project.

Tower, Manitoba Property

Results from a 24 hole, 7,500 metre drill program by Pure Nickel’s option partner Rockcliff Resources have been released. Results to date have been excellent and have consistently returned high grade copper values. Future drilling, subject to Rockcliff Resources scheduling, will target the mineralization along strike and to a vertical depth of 600 metres. Ken Lapierre, P.Geo., and Mark Smethurst, of Rockcliff Resources Inc., are the designated Qualified Persons for this project.

Property Divestiture

The HPM/Forgues property located in Quebec is jointly owned by Manicouagan Minerals and Pure Nickel. Due to the low potential for discovery the twenty five claims that comprise the Forgues portion of the property will not be renewed. The claims that make up the HPM portion of the property will remain in the joint venture partnership.

About Pure Nickel Inc.

Pure Nickel is a mineral exploration company with a diverse collection of mineral exploration projects in North America.

Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, expectations, plans, and objectives of Pure Nickel are forward-looking statements that involve various risks. The following are important factors that could cause Pure Nickel’s actual results to differ materially from those expressed or implied by such forward-looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future exploration activities and cash flows, and the uncertainty of access to additional capital. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Pure Nickel undertakes no obligation to update such forward-looking statements if circumstances or management’s estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

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. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###