Aurcana (TSXV:AUN.V) Not to Proceed on US$25M Credit Facility and Receives Notice of Civil Claim - Dominion Lending Centres Clearlease

Aurcana (TSXV:AUN.V) Not to Proceed on US$25M Credit Facility and Receives Notice of Civil Claim – Dominion Lending Centres Clearlease

Aurcana (TSXV:AUN.V) Not to Proceed on US$25M Credit Facility and Receives Notice of Civil Claim – Dominion Lending Centres Clearlease

VANCOUVER, BRITISH COLUMBIA – (April 18, 2011) Clearlease.com Reports Aurcana Corporation (TSXV:AUN.V) reports that Aurcana’s Board of Directors did not approve the terms of a proposed US$25M credit facility announced on November 19, 2010 to provide additional funding to advance the Company’s Shafter Project in Texas with Sprott Asset Management LP (“SAM”) and Sprott Resource Lending Partnership (“SLP”). The Board determined that the restrictive covenants proposed in the credit facility and the cost to the Company was not in the best interests of the Company and its shareholders. Silver prices have increased substantially since commencing negotiations on the credit facility in October, 2010. Assuming that silver prices remain in the current price range of $35 per ounce, the aggregate cost of the debt facility to the Company will be approximately US$50M to borrow US$25M over a 3 year period. In addition, the overly restrictive terms of the credit facility will result in undue risk to the assets and future operations of the Company. The Board of Directors provided authority to the Company’s President to renegotiate the terms of the credit facility but the negotiations with SAM and SLP have been unsuccessful.

On April 15, 2011, Aurcana was served with a Notice of Civil Claim filed in the British Columbia Supreme Court against Aurcana by SAM and SLP seeking damages for breach of good faith negotiations and making a claim for:

1. Specific performance of the financing including payment to SAM and SLP standby fees calculated on the current price of silver;
2. Damages for Breach of Contract;
3. Accounting for profits and benefits;
4. Punitive and exemplary damages; and
5. Interests and costs and such other relief.

The Company entered into two non-binding term sheets dated October 26, 2010 (“Non-Binding Term Sheets”) with respect to the debt facility. The Company’s only obligations to SAM and SLP if the Company did not proceed with the credit facility is privacy, confidentiality, jurisdiction and the payment of legal fees and other out of pocket expenses in connection with the Non-Binding Terms Sheets.

The Company has acted in good faith on behalf of its shareholders and will vigorously defend the claim that it was under no obligation to proceed to enter into a credit facility and to do so would have been exceedingly onerous to its shareholders.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Aurcana (TSXV:AUN.V) Not to Proceed on US$25M Credit Facility and Receives Notice of Civil Claim - Dominion Lending Centres Clearlease

VANCOUVER, BRITISH COLUMBIA – (April 18, 2011) Clearlease.com Reports Aurcana Corporation (TSXV:AUN.V) reports that Aurcana’s Board of Directors did not approve the terms of a proposed US$25M credit facility announced on November 19, 2010 to provide additional funding to advance the Company’s Shafter Project in Texas with Sprott Asset Management LP (“SAM”) and Sprott Resource Lending Partnership (“SLP”). The Board determined that the restrictive covenants proposed in the credit facility and the cost to the Company was not in the best interests of the Company and its shareholders. Silver prices have increased substantially since commencing negotiations on the credit facility in October, 2010. Assuming that silver prices remain in the current price range of $35 per ounce, the aggregate cost of the debt facility to the Company will be approximately US$50M to borrow US$25M over a 3 year period. In addition, the overly restrictive terms of the credit facility will result in undue risk to the assets and future operations of the Company. The Board of Directors provided authority to the Company’s President to renegotiate the terms of the credit facility but the negotiations with SAM and SLP have been unsuccessful.

On April 15, 2011, Aurcana was served with a Notice of Civil Claim filed in the British Columbia Supreme Court against Aurcana by SAM and SLP seeking damages for breach of good faith negotiations and making a claim for:

1. Specific performance of the financing including payment to SAM and SLP standby fees calculated on the current price of silver;
2. Damages for Breach of Contract;
3. Accounting for profits and benefits;
4. Punitive and exemplary damages; and
5. Interests and costs and such other relief.

The Company entered into two non-binding term sheets dated October 26, 2010 (“Non-Binding Term Sheets”) with respect to the debt facility. The Company’s only obligations to SAM and SLP if the Company did not proceed with the credit facility is privacy, confidentiality, jurisdiction and the payment of legal fees and other out of pocket expenses in connection with the Non-Binding Terms Sheets.

The Company has acted in good faith on behalf of its shareholders and will vigorously defend the claim that it was under no obligation to proceed to enter into a credit facility and to do so would have been exceedingly onerous to its shareholders.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Aurcana (TSXV:AUN.V) Not to Proceed on US$25M Credit Facility and Receives Notice of Civil Claim – Dominion Lending Centres Clearlease

VANCOUVER, BRITISH COLUMBIA – (April 18, 2011) Clearlease.com Reports Aurcana Corporation (TSXV:AUN.V) reports that Aurcana’s Board of Directors did not approve the terms of a proposed US$25M credit facility announced on November 19, 2010 to provide additional funding to advance the Company’s Shafter Project in Texas with Sprott Asset Management LP (“SAM”) and Sprott Resource Lending Partnership (“SLP”). The Board determined that the restrictive covenants proposed in the credit facility and the cost to the Company was not in the best interests of the Company and its shareholders. Silver prices have increased substantially since commencing negotiations on the credit facility in October, 2010. Assuming that silver prices remain in the current price range of $35 per ounce, the aggregate cost of the debt facility to the Company will be approximately US$50M to borrow US$25M over a 3 year period. In addition, the overly restrictive terms of the credit facility will result in undue risk to the assets and future operations of the Company. The Board of Directors provided authority to the Company’s President to renegotiate the terms of the credit facility but the negotiations with SAM and SLP have been unsuccessful.

On April 15, 2011, Aurcana was served with a Notice of Civil Claim filed in the British Columbia Supreme Court against Aurcana by SAM and SLP seeking damages for breach of good faith negotiations and making a claim for:

1. Specific performance of the financing including payment to SAM and SLP standby fees calculated on the current price of silver;
2. Damages for Breach of Contract;
3. Accounting for profits and benefits;
4. Punitive and exemplary damages; and
5. Interests and costs and such other relief.

The Company entered into two non-binding term sheets dated October 26, 2010 (“Non-Binding Term Sheets”) with respect to the debt facility. The Company’s only obligations to SAM and SLP if the Company did not proceed with the credit facility is privacy, confidentiality, jurisdiction and the payment of legal fees and other out of pocket expenses in connection with the Non-Binding Terms Sheets.

The Company has acted in good faith on behalf of its shareholders and will vigorously defend the claim that it was under no obligation to proceed to enter into a credit facility and to do so would have been exceedingly onerous to its shareholders.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Loyalist Group Limited (TSXV:LOY.V), announced today that it has engaged MGI Securities Inc. - Dominion Lending Centres Clearlease

Loyalist Group Limited (TSXV:LOY.V), announced today that it has engaged MGI Securities Inc. – Dominion Lending Centres Clearlease

Loyalist Group Limited (TSXV:LOY.V), announced today that it has engaged MGI Securities Inc. – Dominion Lending Centres Clearlease

Toronto, Ontario – (April 18, 2011) Clearlease.com Reports Loyalist Group Limited (TSXV:LOY.V), announced today that it has engaged MGI Securities Inc. as exclusive Agent to sell, on a brokered, best efforts basis, up to 12,000,000 units of the Corporation at a price of $0.125 per Unit for aggregate gross proceeds of up to approximately $1,500,000.

Each unit will consist of one common share in the capital of the Corporation (a “Common Share”) and one Common Share purchase warrant. Each Warrant will entitle the holder thereof to purchase one Common Share (a “Warrant Share”) at a price of $0.175 per Warrant Share for a period of 24 months from the closing.

Loyalist has also granted the Agent an option, exercisable at any time up to 48 hours prior to the time set for the closing of the Offering, to increase the size of the Offering by an additional 3,333,334 Units (the “Optioned Units” together with the Initial Units, the “Units”) at a price per Optioned Unit equal to the Issue Price for additional gross proceeds to the Corporation of up to $500,000, subject to regulatory approval.

The Company agrees that the Agent shall receive cash compensation equal to 8.0% of the gross proceeds raised and to grant to the Agent warrants entitling the Agent to subscribe for that number of Common Shares as is equal to 8.0% of the total number of Units sold pursuant to the Offering. The Agents are also entitled to receive additional incentive compensation at the Agents option, of up to $35,000 or 525,000 Compensation Warrants, based upon achievement time and amount targets. Subject to regulatory approval, each Compensation Warrant will be exercisable to acquire one Common Share for a period of twenty-four (24) months following the Closing Date at an exercise price equal to the Issue Price.

The proceeds from the Offering will be used to advance the Corporation’s business plan for McKinsey Education Group, to expand its locations both in Canada and internationally and to provide multiple education services, and programs in career development and the formation and execution of online services.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Loyalist Group Limited (TSXV:LOY.V), announced today that it has engaged MGI Securities Inc. - Dominion Lending Centres Clearlease

Toronto, Ontario – (April 18, 2011) Clearlease.com Reports Loyalist Group Limited (TSXV:LOY.V), announced today that it has engaged MGI Securities Inc. as exclusive Agent to sell, on a brokered, best efforts basis, up to 12,000,000 units of the Corporation at a price of $0.125 per Unit for aggregate gross proceeds of up to approximately $1,500,000.

Each unit will consist of one common share in the capital of the Corporation (a “Common Share”) and one Common Share purchase warrant. Each Warrant will entitle the holder thereof to purchase one Common Share (a “Warrant Share”) at a price of $0.175 per Warrant Share for a period of 24 months from the closing.

Loyalist has also granted the Agent an option, exercisable at any time up to 48 hours prior to the time set for the closing of the Offering, to increase the size of the Offering by an additional 3,333,334 Units (the “Optioned Units” together with the Initial Units, the “Units”) at a price per Optioned Unit equal to the Issue Price for additional gross proceeds to the Corporation of up to $500,000, subject to regulatory approval.

The Company agrees that the Agent shall receive cash compensation equal to 8.0% of the gross proceeds raised and to grant to the Agent warrants entitling the Agent to subscribe for that number of Common Shares as is equal to 8.0% of the total number of Units sold pursuant to the Offering. The Agents are also entitled to receive additional incentive compensation at the Agents option, of up to $35,000 or 525,000 Compensation Warrants, based upon achievement time and amount targets. Subject to regulatory approval, each Compensation Warrant will be exercisable to acquire one Common Share for a period of twenty-four (24) months following the Closing Date at an exercise price equal to the Issue Price.

The proceeds from the Offering will be used to advance the Corporation’s business plan for McKinsey Education Group, to expand its locations both in Canada and internationally and to provide multiple education services, and programs in career development and the formation and execution of online services.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Loyalist Group Limited (TSXV:LOY.V), announced today that it has engaged MGI Securities Inc. – Dominion Lending Centres Clearlease

Toronto, Ontario – (April 18, 2011) Clearlease.com Reports Loyalist Group Limited (TSXV:LOY.V), announced today that it has engaged MGI Securities Inc. as exclusive Agent to sell, on a brokered, best efforts basis, up to 12,000,000 units of the Corporation at a price of $0.125 per Unit for aggregate gross proceeds of up to approximately $1,500,000.

Each unit will consist of one common share in the capital of the Corporation (a “Common Share”) and one Common Share purchase warrant. Each Warrant will entitle the holder thereof to purchase one Common Share (a “Warrant Share”) at a price of $0.175 per Warrant Share for a period of 24 months from the closing.

Loyalist has also granted the Agent an option, exercisable at any time up to 48 hours prior to the time set for the closing of the Offering, to increase the size of the Offering by an additional 3,333,334 Units (the “Optioned Units” together with the Initial Units, the “Units”) at a price per Optioned Unit equal to the Issue Price for additional gross proceeds to the Corporation of up to $500,000, subject to regulatory approval.

The Company agrees that the Agent shall receive cash compensation equal to 8.0% of the gross proceeds raised and to grant to the Agent warrants entitling the Agent to subscribe for that number of Common Shares as is equal to 8.0% of the total number of Units sold pursuant to the Offering. The Agents are also entitled to receive additional incentive compensation at the Agents option, of up to $35,000 or 525,000 Compensation Warrants, based upon achievement time and amount targets. Subject to regulatory approval, each Compensation Warrant will be exercisable to acquire one Common Share for a period of twenty-four (24) months following the Closing Date at an exercise price equal to the Issue Price.

The proceeds from the Offering will be used to advance the Corporation’s business plan for McKinsey Education Group, to expand its locations both in Canada and internationally and to provide multiple education services, and programs in career development and the formation and execution of online services.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Bombardier (TSX:BBD.B) top executives compensation soared to US$19 million in 2010 - Dominion Lending Centres Clearlease

Bombardier (TSX:BBD.B) top executives compensation soared to US$19 million in 2010 – Dominion Lending Centres Clearlease

Bombardier (TSX:BBD.B) top executives compensation soared to US$19 million in 2010 – Dominion Lending Centres Clearlease

MONTREAL – (April 18, 2011) Clearlease.com Reports the total compensation of the five highest-paid executives of Bombardier (TSX:BBD.B) rose 64 per cent during the fiscal year ended Jan. 31 to US$19 million.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Bombardier (TSX:BBD.B) top executives compensation soared to US$19 million in 2010 - Dominion Lending Centres Clearlease

MONTREAL – (April 18, 2011) Clearlease.com Reports the total compensation of the five highest-paid executives of Bombardier (TSX:BBD.B) rose 64 per cent during the fiscal year ended Jan. 31 to US$19 million.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Bombardier (TSX:BBD.B) top executives compensation soared to US$19 million in 2010 – Dominion Lending Centres Clearlease

MONTREAL – (April 18, 2011) Clearlease.com Reports the total compensation of the five highest-paid executives of Bombardier (TSX:BBD.B) rose 64 per cent during the fiscal year ended Jan. 31 to US$19 million.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Molson Coors (TSX:TPX.B) CEO's remuneration cut 18 per cent to US$7.76 million in 2010 - Dominion Lending Centres Clearlease

Molson Coors (TSX:TPX.B) CEO’s remuneration cut 18 per cent to US$7.76 million in 2010 – Dominion Lending Centres Clearlease

Molson Coors (TSX:TPX.B) CEO’s remuneration cut 18 per cent to US$7.76 million in 2010 – Dominion Lending Centres Clearlease

MONTREAL – (April 18, 2011) Clearlease.com Reports Molson Coors Brewing Co. (TSX:TPX.B) executives took pay cuts amid last year’s slump in results, with chief executive Peter Swinburn’s total remuneration slipping 18 per cent to US$7.76 million.

The 58-year-old’s pay package dipped from $9.45 million, primarily because of lower cash and stock bonuses.

Molson Coors (TSX:TPX.B), which reports in U.S. dollars, said Swinburn’s base salary increased to $941,667 from $875,000 in 2009, according to a proxy circular released ahead of its annual meeting in Montreal on May 25.

It subsequently increased to $1.07 million on April 1. However, stock awards and cash incentives decreased to $4.16 million from $5.6 million a year earlier.

Stock options increased slightly to $1.5 million, while pension changes and deferred compensation decreased to $690,500 from $1.3 million. Other payments increased to $384,400 due to travel being inadvertently excluded last year.

The beer industry has faced lower sales volumes due to the impact of the global recession. Molson Coors sold 18.64 million hectolitres of beer last year, down 1.7 per cent from 18.8 million in 2009. Income from continuing operations decreased 8.4 per cent to $668.1 from $729.4 million despite a seven per cent rise in revenues to $3.25 billion.

Molson Coors increased its share of the Canadian beer market by nearly one percentage point last year despite a slip in sales volume. It remained the second-largest brewer with about 40 per cent market share.

Coors Light was the top-selling brand with 14 per cent market share, while Canadian was No. 3 with eight per cent, the brewer said in its annual report.

About 56 per cent of Molson Coors beer is sold in bottles, 34 per cent in cans and 10 per cent in stainless steel kegs. About 40 per cent of industry sales are between May and August.

Molson Canada CEO David Perkins’s remuneration decreased to $3.56 million from $4 million in 2009.

His base salary increased to $632,000 but stock awards decreased to $630,000 from $1 million. Non-equity incentives, stock awards and pension changes/deferred compensation all increased.

Other compensation was down by $574,000 from 2009, when he was appointed to head the Canadian division.

Chief financial officer Stewart Glendinning’s total remuneration decreased to $2.58 million from $3.15 million in 2009.

Molson Coors chairman Peter Coors earned $3.8 million in 2010, up from $3.76 million, mainly due to an increase in other compensation. His base salary was unchanged at about $850,000.

The brewer said Canadian excise taxes totalled $6.17.4 million last year, or $69 per hectolitre sold.

In the U.S., federal and states excise taxes totalled $17 per hectolitre, while British taxes totalled $824 million or $93 per hectolitre.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Molson Coors (TSX:TPX.B) CEO's remuneration cut 18 per cent to US$7.76 million in 2010 - Dominion Lending Centres Clearlease

MONTREAL – (April 18, 2011) Clearlease.com Reports Molson Coors Brewing Co. (TSX:TPX.B) executives took pay cuts amid last year’s slump in results, with chief executive Peter Swinburn’s total remuneration slipping 18 per cent to US$7.76 million.

The 58-year-old’s pay package dipped from $9.45 million, primarily because of lower cash and stock bonuses.

Molson Coors (TSX:TPX.B), which reports in U.S. dollars, said Swinburn’s base salary increased to $941,667 from $875,000 in 2009, according to a proxy circular released ahead of its annual meeting in Montreal on May 25.

It subsequently increased to $1.07 million on April 1. However, stock awards and cash incentives decreased to $4.16 million from $5.6 million a year earlier.

Stock options increased slightly to $1.5 million, while pension changes and deferred compensation decreased to $690,500 from $1.3 million. Other payments increased to $384,400 due to travel being inadvertently excluded last year.

The beer industry has faced lower sales volumes due to the impact of the global recession. Molson Coors sold 18.64 million hectolitres of beer last year, down 1.7 per cent from 18.8 million in 2009. Income from continuing operations decreased 8.4 per cent to $668.1 from $729.4 million despite a seven per cent rise in revenues to $3.25 billion.

Molson Coors increased its share of the Canadian beer market by nearly one percentage point last year despite a slip in sales volume. It remained the second-largest brewer with about 40 per cent market share.

Coors Light was the top-selling brand with 14 per cent market share, while Canadian was No. 3 with eight per cent, the brewer said in its annual report.

About 56 per cent of Molson Coors beer is sold in bottles, 34 per cent in cans and 10 per cent in stainless steel kegs. About 40 per cent of industry sales are between May and August.

Molson Canada CEO David Perkins’s remuneration decreased to $3.56 million from $4 million in 2009.

His base salary increased to $632,000 but stock awards decreased to $630,000 from $1 million. Non-equity incentives, stock awards and pension changes/deferred compensation all increased.

Other compensation was down by $574,000 from 2009, when he was appointed to head the Canadian division.

Chief financial officer Stewart Glendinning’s total remuneration decreased to $2.58 million from $3.15 million in 2009.

Molson Coors chairman Peter Coors earned $3.8 million in 2010, up from $3.76 million, mainly due to an increase in other compensation. His base salary was unchanged at about $850,000.

The brewer said Canadian excise taxes totalled $6.17.4 million last year, or $69 per hectolitre sold.

In the U.S., federal and states excise taxes totalled $17 per hectolitre, while British taxes totalled $824 million or $93 per hectolitre.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Molson Coors (TSX:TPX.B) CEO’s remuneration cut 18 per cent to US$7.76 million in 2010 – Dominion Lending Centres Clearlease

MONTREAL – (April 18, 2011) Clearlease.com Reports Molson Coors Brewing Co. (TSX:TPX.B) executives took pay cuts amid last year’s slump in results, with chief executive Peter Swinburn’s total remuneration slipping 18 per cent to US$7.76 million.

The 58-year-old’s pay package dipped from $9.45 million, primarily because of lower cash and stock bonuses.

Molson Coors (TSX:TPX.B), which reports in U.S. dollars, said Swinburn’s base salary increased to $941,667 from $875,000 in 2009, according to a proxy circular released ahead of its annual meeting in Montreal on May 25.

It subsequently increased to $1.07 million on April 1. However, stock awards and cash incentives decreased to $4.16 million from $5.6 million a year earlier.

Stock options increased slightly to $1.5 million, while pension changes and deferred compensation decreased to $690,500 from $1.3 million. Other payments increased to $384,400 due to travel being inadvertently excluded last year.

The beer industry has faced lower sales volumes due to the impact of the global recession. Molson Coors sold 18.64 million hectolitres of beer last year, down 1.7 per cent from 18.8 million in 2009. Income from continuing operations decreased 8.4 per cent to $668.1 from $729.4 million despite a seven per cent rise in revenues to $3.25 billion.

Molson Coors increased its share of the Canadian beer market by nearly one percentage point last year despite a slip in sales volume. It remained the second-largest brewer with about 40 per cent market share.

Coors Light was the top-selling brand with 14 per cent market share, while Canadian was No. 3 with eight per cent, the brewer said in its annual report.

About 56 per cent of Molson Coors beer is sold in bottles, 34 per cent in cans and 10 per cent in stainless steel kegs. About 40 per cent of industry sales are between May and August.

Molson Canada CEO David Perkins’s remuneration decreased to $3.56 million from $4 million in 2009.

His base salary increased to $632,000 but stock awards decreased to $630,000 from $1 million. Non-equity incentives, stock awards and pension changes/deferred compensation all increased.

Other compensation was down by $574,000 from 2009, when he was appointed to head the Canadian division.

Chief financial officer Stewart Glendinning’s total remuneration decreased to $2.58 million from $3.15 million in 2009.

Molson Coors chairman Peter Coors earned $3.8 million in 2010, up from $3.76 million, mainly due to an increase in other compensation. His base salary was unchanged at about $850,000.

The brewer said Canadian excise taxes totalled $6.17.4 million last year, or $69 per hectolitre sold.

In the U.S., federal and states excise taxes totalled $17 per hectolitre, while British taxes totalled $824 million or $93 per hectolitre.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Canadian scooping up US real estate deals! - Dominion Lending Centres Clearlease

Canadians scooping up US real estate deals! – Dominion Lending Centres ClearleaseCanadians scooping up US real estate deals! – Dominion Lending Centres ClearleaseCanadians scooping up US real estate deals! – Dominion Lending Centres Clearlease

Canadian scooping up US real estate deals! – Dominion Lending Centres Clearlease

CALGARY, ALBERTA (April 18, 2011) Clearlease.com Reports A soaring Loonie has lifted the bottom line for Canadian brokers helping snowbirds take equity out of their Canadian properties to invest stateside, specifically in the deflated South Florida market.

“I don’t necessarily want more competition,” AMP Mike Jarrett, head of Tarrexx Consulting, told MortgageBrokerNews.ca, “but this is, because of the high Canadian dollar and the deflated prices in South Florida, a growing niche area for brokers with the skills and the connections to facilitate these transactions.”

That may, in fact, be an understatement.

A new survey from BMO Bank of Montreal finds that lower home prices and a strong Canadian dollar have renewed interest in U.S. property, with one in five Canadians now considering such a purchase.

Winnipeg-based Jarrett – and the handful of Canadian mortgage professionals who specialize in helping clients win refinancing before steering them through a convoluted buying process – has seen a double-digit uptick in interest as the Loonie holds onto its gains.

The rise only compounded Canadian interest following the collapse of the U.S. housing market. Properties across Southern Florida are still selling at 38 percent to 62 percent off of their pre-recession values. Tampa, for example, is down 44 per cent, Miami, closer to 50 per cent, depending on proximity to the coast.
“In many cases, we’re now seeing clients revisit the idea of purchasing properties they’d passed on before the Loonie’s rapid rise,” said Scott Bentley, with Verico Premiere Mortgage in Halifax.

Late last year, the Canadian dollar stepped out from the shadow of its big American brother. It would eventually climb above $1.04 U.S, although it now sits slightly down from that 40-month high, at 103.94 cents. Most economists predict it will remain above par until the second half of the year.

That’s likely enough time for thousands of Canadian retirees to get in on the U.S. market.
Jarrett and Bentley are now claiming the cut of those transactions that would normally go to U.S. mortgage brokers and the big Canadian banks with American operations. Broker remuneration varies from upfront and closing fees for refinances to consultation charges on multi-unit investments during due-diligence review periods. Regardless, brokers encourage clients to pull equity out of their Canadian properties to fund their U.S. purchases.

“My recommendation is for the clients to pay cash,” said Jarrett, who draws most of his accounts through word of mouth. “The best way to do that is to refinance their homes here in Canada.”

The Canadian specialist then leverages his connections in South Florida real estate to identify properties, win appraisals and title insurance, find legal representation and move to closing. Even a straightforward deal can take up to two months given heightened federal and state regulations. The process is also fraught with potential pitfalls for clients trying to steer clear of troubled developments permanently impaired by massive foreclosure rates and perennially underfunded condominium associations.

In some cases, Canadian brokers are also helping clients get financing, largely through RBC, BMO and TD Bank’s U.S. operations. Collectively, they control more than 200 branches in Florida, alone.

“It’s a great and potentially rewarding niche,” said Bentley, who has worked as a broker in both Nova Scotia and Florida. “But it’s not for every Canadian broker. You have to have the market expertise and connections on the ground in Florida to be in the position to best represent clients, in many cases looking at distressed properties and the potential dangers.”

He argues the Florida market may take as long as five to seven years to recover in some submarkets, giving Canadian investors – as well as Canadian brokers – a window of opportunity.

“However, buyers who wait too long may find themselves out of luck,” said Bentley, “considering the increase in international buyers looking for the same bargains Canadians are.”

While Canucks represent the second largest group of foreign property buyers in South Florida, Venezuelans are now number one, according the most recent statistics.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Canadian scooping up US real estate deals! - Dominion Lending Centres Clearlease

VANCOUVER (April 18, 2011) Clearlease.com Reports A soaring Loonie has lifted the bottom line for Canadian brokers helping snowbirds take equity out of their Canadian properties to invest stateside, specifically in the deflated South Florida market.

“I don’t necessarily want more competition,” AMP Mike Jarrett, head of Tarrexx Consulting, told MortgageBrokerNews.ca, “but this is, because of the high Canadian dollar and the deflated prices in South Florida, a growing niche area for brokers with the skills and the connections to facilitate these transactions.”

That may, in fact, be an understatement.

A new survey from BMO Bank of Montreal finds that lower home prices and a strong Canadian dollar have renewed interest in U.S. property, with one in five Canadians now considering such a purchase.

Winnipeg-based Jarrett – and the handful of Canadian mortgage professionals who specialize in helping clients win refinancing before steering them through a convoluted buying process – has seen a double-digit uptick in interest as the Loonie holds onto its gains.

The rise only compounded Canadian interest following the collapse of the U.S. housing market. Properties across Southern Florida are still selling at 38 percent to 62 percent off of their pre-recession values. Tampa, for example, is down 44 per cent, Miami, closer to 50 per cent, depending on proximity to the coast.
“In many cases, we’re now seeing clients revisit the idea of purchasing properties they’d passed on before the Loonie’s rapid rise,” said Scott Bentley, with Verico Premiere Mortgage in Halifax.

Late last year, the Canadian dollar stepped out from the shadow of its big American brother. It would eventually climb above $1.04 U.S, although it now sits slightly down from that 40-month high, at 103.94 cents. Most economists predict it will remain above par until the second half of the year.

That’s likely enough time for thousands of Canadian retirees to get in on the U.S. market.
Jarrett and Bentley are now claiming the cut of those transactions that would normally go to U.S. mortgage brokers and the big Canadian banks with American operations. Broker remuneration varies from upfront and closing fees for refinances to consultation charges on multi-unit investments during due-diligence review periods. Regardless, brokers encourage clients to pull equity out of their Canadian properties to fund their U.S. purchases.

“My recommendation is for the clients to pay cash,” said Jarrett, who draws most of his accounts through word of mouth. “The best way to do that is to refinance their homes here in Canada.”

The Canadian specialist then leverages his connections in South Florida real estate to identify properties, win appraisals and title insurance, find legal representation and move to closing. Even a straightforward deal can take up to two months given heightened federal and state regulations. The process is also fraught with potential pitfalls for clients trying to steer clear of troubled developments permanently impaired by massive foreclosure rates and perennially underfunded condominium associations.

In some cases, Canadian brokers are also helping clients get financing, largely through RBC, BMO and TD Bank’s U.S. operations. Collectively, they control more than 200 branches in Florida, alone.

“It’s a great and potentially rewarding niche,” said Bentley, who has worked as a broker in both Nova Scotia and Florida. “But it’s not for every Canadian broker. You have to have the market expertise and connections on the ground in Florida to be in the position to best represent clients, in many cases looking at distressed properties and the potential dangers.”

He argues the Florida market may take as long as five to seven years to recover in some submarkets, giving Canadian investors – as well as Canadian brokers – a window of opportunity.

“However, buyers who wait too long may find themselves out of luck,” said Bentley, “considering the increase in international buyers looking for the same bargains Canadians are.”

While Canucks represent the second largest group of foreign property buyers in South Florida, Venezuelans are now number one, according the most recent statistics.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Canadian scooping up US real estate deals! – Dominion Lending Centres Clearlease

CALGARY, ALBERTA (April 18, 2011) Clearlease.com Reports A soaring Loonie has lifted the bottom line for Canadian brokers helping snowbirds take equity out of their Canadian properties to invest stateside, specifically in the deflated South Florida market.

“I don’t necessarily want more competition,” AMP Mike Jarrett, head of Tarrexx Consulting, told MortgageBrokerNews.ca, “but this is, because of the high Canadian dollar and the deflated prices in South Florida, a growing niche area for brokers with the skills and the connections to facilitate these transactions.”

That may, in fact, be an understatement.

A new survey from BMO Bank of Montreal finds that lower home prices and a strong Canadian dollar have renewed interest in U.S. property, with one in five Canadians now considering such a purchase.

Winnipeg-based Jarrett – and the handful of Canadian mortgage professionals who specialize in helping clients win refinancing before steering them through a convoluted buying process – has seen a double-digit uptick in interest as the Loonie holds onto its gains.

The rise only compounded Canadian interest following the collapse of the U.S. housing market. Properties across Southern Florida are still selling at 38 percent to 62 percent off of their pre-recession values. Tampa, for example, is down 44 per cent, Miami, closer to 50 per cent, depending on proximity to the coast.
“In many cases, we’re now seeing clients revisit the idea of purchasing properties they’d passed on before the Loonie’s rapid rise,” said Scott Bentley, with Verico Premiere Mortgage in Halifax.

Late last year, the Canadian dollar stepped out from the shadow of its big American brother. It would eventually climb above $1.04 U.S, although it now sits slightly down from that 40-month high, at 103.94 cents. Most economists predict it will remain above par until the second half of the year.

That’s likely enough time for thousands of Canadian retirees to get in on the U.S. market.
Jarrett and Bentley are now claiming the cut of those transactions that would normally go to U.S. mortgage brokers and the big Canadian banks with American operations. Broker remuneration varies from upfront and closing fees for refinances to consultation charges on multi-unit investments during due-diligence review periods. Regardless, brokers encourage clients to pull equity out of their Canadian properties to fund their U.S. purchases.

“My recommendation is for the clients to pay cash,” said Jarrett, who draws most of his accounts through word of mouth. “The best way to do that is to refinance their homes here in Canada.”

The Canadian specialist then leverages his connections in South Florida real estate to identify properties, win appraisals and title insurance, find legal representation and move to closing. Even a straightforward deal can take up to two months given heightened federal and state regulations. The process is also fraught with potential pitfalls for clients trying to steer clear of troubled developments permanently impaired by massive foreclosure rates and perennially underfunded condominium associations.

In some cases, Canadian brokers are also helping clients get financing, largely through RBC, BMO and TD Bank’s U.S. operations. Collectively, they control more than 200 branches in Florida, alone.

“It’s a great and potentially rewarding niche,” said Bentley, who has worked as a broker in both Nova Scotia and Florida. “But it’s not for every Canadian broker. You have to have the market expertise and connections on the ground in Florida to be in the position to best represent clients, in many cases looking at distressed properties and the potential dangers.”

He argues the Florida market may take as long as five to seven years to recover in some submarkets, giving Canadian investors – as well as Canadian brokers – a window of opportunity.

“However, buyers who wait too long may find themselves out of luck,” said Bentley, “considering the increase in international buyers looking for the same bargains Canadians are.”

While Canucks represent the second largest group of foreign property buyers in South Florida, Venezuelans are now number one, according the most recent statistics.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Vancouver market continues to drive B.C. home prices up - Dominion Lending Centres Clearlease

Vanouver market continues to drive B.C. home prices up – Dominion Lending Centres Clearlease

Vanouver market continues to drive B.C. home prices up – Dominion Lending Centres Clearlease

CALGARY, ALBERTA (April 18, 2011) Clearlease.com Reports The average residential sale price in B.C. reached a record $588,000 in February, up 18 per cent from a year earlier, according to the British Columbia Real Estate Association (BCREA).

Much of that gain relates to Vancouver, the province’s largest market, which has seen continued buying activity in some of its pricier neighbourhoods. Year-over-year average prices in Vancouver rose 19 per cent to reach $791,604, while the benchmark price rose four per cent. Overall sales in February totalled 3,140, up 25 per cent from a year earlier. Prices were also up five per cent from January.

“The surge in consumer demand in Metro Vancouver continues to propel the provincial statistics higher,” said Cameron Muir, BCREA’s chief economist. “Elevated sales activity in Vancouver’s pricier communities has pushed average home prices higher than market conditions would suggest.”

One of the key reasons has been net migration, which added more than 50,000 people to the province, mostly from international destinations. Muir said most of those international buyers, however, focus primarily on Vancouver. Other regions in the province tend to primarily get interprovincial buyers.

Muir said regions, such as the Okanagan and Kootenay areas, remain in buyer’s market territory. BCREA stats show February sales in Kootenay were down 31 per cent year-over-year to 116, and the average price was down 11.8 per cent year-over-year to reach $232,327. A similar picture could be found in the South Okanagan, where sales were down 15.2 per cent to 89, and prices were down 9.4 per cent to reach an average of $283,122.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Vancouver market continues to drive B.C. home prices up - Dominion Lending Centres Clearlease

VANCOUVER, BC (April 18, 2011) Clearlease.com Reports The average residential sale price in B.C. reached a record $588,000 in February, up 18 per cent from a year earlier, according to the British Columbia Real Estate Association (BCREA).

Much of that gain relates to Vancouver, the province’s largest market, which has seen continued buying activity in some of its pricier neighbourhoods. Year-over-year average prices in Vancouver rose 19 per cent to reach $791,604, while the benchmark price rose four per cent. Overall sales in February totaled 3,140, up 25 per cent from a year earlier. Prices were also up five per cent from January.

“The surge in consumer demand in Metro Vancouver continues to propel the provincial statistics higher,” said Cameron Muir, BCREA’s chief economist. “Elevated sales activity in Vancouver’s pricier communities has pushed average home prices higher than market conditions would suggest.”

One of the key reasons has been net migration, which added more than 50,000 people to the province, mostly from international destinations. Muir said most of those international buyers, however, focus primarily on Vancouver. Other regions in the province tend to primarily get inter-provincial buyers.

Muir said regions, such as the Okanagan and Kootenay areas, remain in buyer’s market territory. BCREA stats show February sales in Kootenay were down 31 per cent year-over-year to 116, and the average price was down 11.8 per cent year-over-year to reach $232,327. A similar picture could be found in the South Okanagan, where sales were down 15.2 per cent to 89, and prices were down 9.4 per cent to reach an average of $283,122.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Vanouver market continues to drive B.C. home prices up – Dominion Lending Centres Clearlease

CALGARY, ALBERTA (April 18, 2011) Clearlease.com Reports The average residential sale price in B.C. reached a record $588,000 in February, up 18 per cent from a year earlier, according to the British Columbia Real Estate Association (BCREA).

Much of that gain relates to Vancouver, the province’s largest market, which has seen continued buying activity in some of its pricier neighbourhoods. Year-over-year average prices in Vancouver rose 19 per cent to reach $791,604, while the benchmark price rose four per cent. Overall sales in February totalled 3,140, up 25 per cent from a year earlier. Prices were also up five per cent from January.

“The surge in consumer demand in Metro Vancouver continues to propel the provincial statistics higher,” said Cameron Muir, BCREA’s chief economist. “Elevated sales activity in Vancouver’s pricier communities has pushed average home prices higher than market conditions would suggest.”

One of the key reasons has been net migration, which added more than 50,000 people to the province, mostly from international destinations. Muir said most of those international buyers, however, focus primarily on Vancouver. Other regions in the province tend to primarily get interprovincial buyers.

Muir said regions, such as the Okanagan and Kootenay areas, remain in buyer’s market territory. BCREA stats show February sales in Kootenay were down 31 per cent year-over-year to 116, and the average price was down 11.8 per cent year-over-year to reach $232,327. A similar picture could be found in the South Okanagan, where sales were down 15.2 per cent to 89, and prices were down 9.4 per cent to reach an average of $283,122.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

CMX Gold & Silver Corp. announces it has optioned Azteca Gold's Marietta Copper/Gold/Silver Project - Dominion Lending Centres Clearlease

CMX Gold & Silver Corp. announces it has optioned Azteca Gold’s Marietta Copper/Gold/Silver Project – Dominion Lending Centres Clearlease

CMX Gold & Silver Corp. announces it has optioned Azteca Gold’s Marietta Copper/Gold/Silver Project – Dominion Lending Centres Clearlease

CALGARY, ALBERTA (April 18, 2011) Clearlease.com Reports Jan Alston, President of CMX Gold & Silver Corp. announces that the Company has optioned Azteca Gold Corp.’s (“Azteca”) 100 percent-owned Marietta Copper/Gold/Silver Project in west-central Nevada (the “Marietta Project” or the “Property”). CMX will make an option payment to Azteca for the right to earn up to a 50 percent ownership in the Marietta Project by conducting an exploration program over two years on the Property, as described below.

The Marietta Project has a large land package that encompasses an entire historical silver district centrally located in the Walker Lane Mineral Belt, and consists of 13 patented claims and 143 unpatented claims. The Property contains at least four minor historical silver mines dating back to the 1870s as outlined in a National Instrument 43-101 technical report that is presently being prepared. During the 1980s and early 1990s, before the ownership of the Property was consolidated, different areas of the Property were explored by companies such as American Gold Resources, Phelps Dodge, Battle Mountain Gold and ASARCO.

Nevada is home to several rich gold belts, including the Carlin trend, the Cortez trend, and the Walker Lane Mineral Belt. The Walker Lane hosts both epithermal precious metals deposits such as the famous Comstock Lode, the high-grade Eureka Mine, Aurora and others as well as porphyry copper deposits such as Yerington. According to the U.S. Geological Survey, the Walker Lane has produced nearly 50 million ounces of gold and 435 million ounces of silver. Recent discoveries in west Arizona, such as Copperstone, may considerably extend the length of the belt.

The Marietta Project contains multiple drill targets of both deposit types associated with the Walker Lane Mineral Belt, which includes the potential for discovery of one or more porphyries on the Property. Exploration activities conducted by Azteca in 2007 and 2008 included geological mapping, rock chip and soil sampling, a ground magnetic survey, and induced polarization (IP) and resistivity surveys. A review of this data by CMX suggests “a possible source for the hydrothermal fluids that produced the veins (in the area of interest on the Property) may be a hidden porphyry system with an associated intrusive at depth.” CMX will conduct further work regarding this interpretation.

CMX is developing an exploration program to test a number of interpreted magnetic and IP anomalies, which will include further data analysis, additional magnetic surveys, and a drilling program which will be detailed in a future press release. The Company is preparing an updated National Instrument 43-101 compliant technical report for the Marietta Project prepared by the Company’s Qualified Person, Dr. Jennifer Thomson.

Marietta Project Option Agreement

CMX has agreed to issue to Azteca 2,500,000 common shares of CMX at a deemed price of US$0.10 per share as an option payment on the Marietta Project. Pursuant to the option agreement, CMX has agreed to incur an aggregate of US$2,000,000 in exploration expenses on the Property over a period of two years from the date CMX’s common shares commence trading on a recognized stock exchange. If the listing does not occur prior to December 18, 2011, then each party has the right to terminate the option agreement and, in such event, Azteca will return the 2,500,000 common shares of CMX for cancellation.

CMX will earn a 30 percent interest in the Property by spending at least US$1,000,000 in exploration expenses on Marietta Project. Further exploration expenditures of a least US$1,000,000 will earn CMX an additional 20 percent interest in the Property. After earning a 50 percent interest, the Company will have the option of obtaining operatorship under the joint venture by spending another US$500,000 within six months of exercising such option. CMX and Azteca have agreed to an area of interest consisting of all mineral claims, mining leases or other mineral interests lying within a distance of two (2) kilometers from the external perimeter of the Property.

Financings

As reported in a news release issued on February 22, 2011, CMX completed private placements and shares for settlement of debts totaling $430,000. Since then, the Company completed several more private placements and shares for settlement of debts totaling $73,087. After the issue of 2,500,000 common shares to Azteca pursuant to the Marietta Project option agreement, the Company will have 20,482,274 common shares issued and outstanding.

The Company will be commencing a financing program to raise funds for the exploration programs on the Property and commitments previously announced respecting the Clayton Silver Mine Property. The Company anticipates raising up to $3 million. The major financing will be conditional on CMX obtaining listing of its common shares on a recognized stock exchange.

Dr. Thomson, the Company’s Qualified Person as defined by NI 43-101, has reviewed the technical information contained in this news release.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###CMX Gold & Silver Corp. announces it has optioned Azteca Gold's Marietta Copper/Gold/Silver Project - Dominion Lending Centres Clearlease

CALGARY, ALBERTA (April 18, 2011) Clearlease.com Reports Jan Alston, President of CMX Gold & Silver Corp. announces that the Company has optioned Azteca Gold Corp.’s (“Azteca”) 100 percent-owned Marietta Copper/Gold/Silver Project in west-central Nevada (the “Marietta Project” or the “Property”). CMX will make an option payment to Azteca for the right to earn up to a 50 percent ownership in the Marietta Project by conducting an exploration program over two years on the Property, as described below.

The Marietta Project has a large land package that encompasses an entire historical silver district centrally located in the Walker Lane Mineral Belt, and consists of 13 patented claims and 143 unpatented claims. The Property contains at least four minor historical silver mines dating back to the 1870s as outlined in a National Instrument 43-101 technical report that is presently being prepared. During the 1980s and early 1990s, before the ownership of the Property was consolidated, different areas of the Property were explored by companies such as American Gold Resources, Phelps Dodge, Battle Mountain Gold and ASARCO.

Nevada is home to several rich gold belts, including the Carlin trend, the Cortez trend, and the Walker Lane Mineral Belt. The Walker Lane hosts both epithermal precious metals deposits such as the famous Comstock Lode, the high-grade Eureka Mine, Aurora and others as well as porphyry copper deposits such as Yerington. According to the U.S. Geological Survey, the Walker Lane has produced nearly 50 million ounces of gold and 435 million ounces of silver. Recent discoveries in west Arizona, such as Copperstone, may considerably extend the length of the belt.

The Marietta Project contains multiple drill targets of both deposit types associated with the Walker Lane Mineral Belt, which includes the potential for discovery of one or more porphyries on the Property. Exploration activities conducted by Azteca in 2007 and 2008 included geological mapping, rock chip and soil sampling, a ground magnetic survey, and induced polarization (IP) and resistivity surveys. A review of this data by CMX suggests “a possible source for the hydrothermal fluids that produced the veins (in the area of interest on the Property) may be a hidden porphyry system with an associated intrusive at depth.” CMX will conduct further work regarding this interpretation.

CMX is developing an exploration program to test a number of interpreted magnetic and IP anomalies, which will include further data analysis, additional magnetic surveys, and a drilling program which will be detailed in a future press release. The Company is preparing an updated National Instrument 43-101 compliant technical report for the Marietta Project prepared by the Company’s Qualified Person, Dr. Jennifer Thomson.

Marietta Project Option Agreement

CMX has agreed to issue to Azteca 2,500,000 common shares of CMX at a deemed price of US$0.10 per share as an option payment on the Marietta Project. Pursuant to the option agreement, CMX has agreed to incur an aggregate of US$2,000,000 in exploration expenses on the Property over a period of two years from the date CMX’s common shares commence trading on a recognized stock exchange. If the listing does not occur prior to December 18, 2011, then each party has the right to terminate the option agreement and, in such event, Azteca will return the 2,500,000 common shares of CMX for cancellation.

CMX will earn a 30 percent interest in the Property by spending at least US$1,000,000 in exploration expenses on Marietta Project. Further exploration expenditures of a least US$1,000,000 will earn CMX an additional 20 percent interest in the Property. After earning a 50 percent interest, the Company will have the option of obtaining operatorship under the joint venture by spending another US$500,000 within six months of exercising such option. CMX and Azteca have agreed to an area of interest consisting of all mineral claims, mining leases or other mineral interests lying within a distance of two (2) kilometers from the external perimeter of the Property.

Financings

As reported in a news release issued on February 22, 2011, CMX completed private placements and shares for settlement of debts totaling $430,000. Since then, the Company completed several more private placements and shares for settlement of debts totaling $73,087. After the issue of 2,500,000 common shares to Azteca pursuant to the Marietta Project option agreement, the Company will have 20,482,274 common shares issued and outstanding.

The Company will be commencing a financing program to raise funds for the exploration programs on the Property and commitments previously announced respecting the Clayton Silver Mine Property. The Company anticipates raising up to $3 million. The major financing will be conditional on CMX obtaining listing of its common shares on a recognized stock exchange.

Dr. Thomson, the Company’s Qualified Person as defined by NI 43-101, has reviewed the technical information contained in this news release.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###CMX Gold & Silver Corp. announces it has optioned Azteca Gold’s Marietta Copper/Gold/Silver Project – Dominion Lending Centres Clearlease

CALGARY, ALBERTA (April 18, 2011) Clearlease.com Reports Jan Alston, President of CMX Gold & Silver Corp. announces that the Company has optioned Azteca Gold Corp.’s (“Azteca”) 100 percent-owned Marietta Copper/Gold/Silver Project in west-central Nevada (the “Marietta Project” or the “Property”). CMX will make an option payment to Azteca for the right to earn up to a 50 percent ownership in the Marietta Project by conducting an exploration program over two years on the Property, as described below.

The Marietta Project has a large land package that encompasses an entire historical silver district centrally located in the Walker Lane Mineral Belt, and consists of 13 patented claims and 143 unpatented claims. The Property contains at least four minor historical silver mines dating back to the 1870s as outlined in a National Instrument 43-101 technical report that is presently being prepared. During the 1980s and early 1990s, before the ownership of the Property was consolidated, different areas of the Property were explored by companies such as American Gold Resources, Phelps Dodge, Battle Mountain Gold and ASARCO.

Nevada is home to several rich gold belts, including the Carlin trend, the Cortez trend, and the Walker Lane Mineral Belt. The Walker Lane hosts both epithermal precious metals deposits such as the famous Comstock Lode, the high-grade Eureka Mine, Aurora and others as well as porphyry copper deposits such as Yerington. According to the U.S. Geological Survey, the Walker Lane has produced nearly 50 million ounces of gold and 435 million ounces of silver. Recent discoveries in west Arizona, such as Copperstone, may considerably extend the length of the belt.

The Marietta Project contains multiple drill targets of both deposit types associated with the Walker Lane Mineral Belt, which includes the potential for discovery of one or more porphyries on the Property. Exploration activities conducted by Azteca in 2007 and 2008 included geological mapping, rock chip and soil sampling, a ground magnetic survey, and induced polarization (IP) and resistivity surveys. A review of this data by CMX suggests “a possible source for the hydrothermal fluids that produced the veins (in the area of interest on the Property) may be a hidden porphyry system with an associated intrusive at depth.” CMX will conduct further work regarding this interpretation.

CMX is developing an exploration program to test a number of interpreted magnetic and IP anomalies, which will include further data analysis, additional magnetic surveys, and a drilling program which will be detailed in a future press release. The Company is preparing an updated National Instrument 43-101 compliant technical report for the Marietta Project prepared by the Company’s Qualified Person, Dr. Jennifer Thomson.

Marietta Project Option Agreement

CMX has agreed to issue to Azteca 2,500,000 common shares of CMX at a deemed price of US$0.10 per share as an option payment on the Marietta Project. Pursuant to the option agreement, CMX has agreed to incur an aggregate of US$2,000,000 in exploration expenses on the Property over a period of two years from the date CMX’s common shares commence trading on a recognized stock exchange. If the listing does not occur prior to December 18, 2011, then each party has the right to terminate the option agreement and, in such event, Azteca will return the 2,500,000 common shares of CMX for cancellation.

CMX will earn a 30 percent interest in the Property by spending at least US$1,000,000 in exploration expenses on Marietta Project. Further exploration expenditures of a least US$1,000,000 will earn CMX an additional 20 percent interest in the Property. After earning a 50 percent interest, the Company will have the option of obtaining operatorship under the joint venture by spending another US$500,000 within six months of exercising such option. CMX and Azteca have agreed to an area of interest consisting of all mineral claims, mining leases or other mineral interests lying within a distance of two (2) kilometers from the external perimeter of the Property.

Financings

As reported in a news release issued on February 22, 2011, CMX completed private placements and shares for settlement of debts totaling $430,000. Since then, the Company completed several more private placements and shares for settlement of debts totaling $73,087. After the issue of 2,500,000 common shares to Azteca pursuant to the Marietta Project option agreement, the Company will have 20,482,274 common shares issued and outstanding.

The Company will be commencing a financing program to raise funds for the exploration programs on the Property and commitments previously announced respecting the Clayton Silver Mine Property. The Company anticipates raising up to $3 million. The major financing will be conditional on CMX obtaining listing of its common shares on a recognized stock exchange.

Dr. Thomson, the Company’s Qualified Person as defined by NI 43-101, has reviewed the technical information contained in this news release.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Canadian dollar declines amid lower commodities, European debt nervousness - Dominion Lending Centres Clearlease

Canadian dollar declines amid lower commodities, European debt nervousness – Dominion Lending Centres Clearlease

Canadian dollar declines amid lower commodities, European debt nervousness – Dominion Lending Centres Clearlease

TORONTO – (April 18, 2011) Clearlease.com Reports the Canadian dollar was lower Monday morning as oil prices declined and the American dollar strengthened against other currencies.

The loonie fell 0.48 of a cent to 103.68 cents US.

Oil prices headed lower even as Saudi Arabia announced Sunday that it cut daily output to 8.3 million barrels in March from 9.1 million barrels in February because of what it saw as excess global supply. The moved dampened hopes OPEC will soon boost its output to help bring down prices.

The May crude contract on the New York Mercantile Exchange was down $1.34 to US$108.32 a barrel.

Other commodity prices headed lower with the May copper contract on the Nymex down a cent to US$4.24 a pound.

Bullion backed away from Friday’s latest record high close, as the June contract in New York declined $5.10 to US$1,480.90 an ounce.

Meanwhile, there was renewed focus on Greece’s debts in the wake of suggestions from a number of people that the country would be better off looking for a way to renegotiate its debts as a way of relieving its crisis.

Also, a Greek newspaper reported that Greece has asked the International Monetary Fund and the European Union to begin talks on restructuring its debt.

Meanwhile, the pro-EU conservative National Coalition Party topped Sunday’s vote in Finland but the coalition it previously belonged to no longer has a parliamentary majority. There are worries that a new government including a euroskeptic party which made big gains could derail a bailout which is currently in the works for Portugal.

“The real fear is that anti-Euro aid sentiment is building across Europe, which should it spill into countries like Germany could have significant ramifications,” said Scotia Capital chief currency strategist Camilla Sutton.

The euro traded at US$1.4291, down sharply from US$1.4429 late Friday.

Traders also took in news that China’s central bank moved during the weekend to further tamp down inflation, which jumped to a 32-month high in March. On Sunday, the People’s Bank of China announced that the deposit reserve ratio for most banks would be raised to 20.5 per cent — the fourth reserve increase this year.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Canadian dollar declines amid lower commodities, European debt nervousness - Dominion Lending Centres Clearlease

TORONTO – (April 18, 2011) Clearlease.com Reports the Canadian dollar was lower Monday morning as oil prices declined and the American dollar strengthened against other currencies.

The loonie fell 0.48 of a cent to 103.68 cents US.

Oil prices headed lower even as Saudi Arabia announced Sunday that it cut daily output to 8.3 million barrels in March from 9.1 million barrels in February because of what it saw as excess global supply. The moved dampened hopes OPEC will soon boost its output to help bring down prices.

The May crude contract on the New York Mercantile Exchange was down $1.34 to US$108.32 a barrel.

Other commodity prices headed lower with the May copper contract on the Nymex down a cent to US$4.24 a pound.

Bullion backed away from Friday’s latest record high close, as the June contract in New York declined $5.10 to US$1,480.90 an ounce.

Meanwhile, there was renewed focus on Greece’s debts in the wake of suggestions from a number of people that the country would be better off looking for a way to renegotiate its debts as a way of relieving its crisis.

Also, a Greek newspaper reported that Greece has asked the International Monetary Fund and the European Union to begin talks on restructuring its debt.

Meanwhile, the pro-EU conservative National Coalition Party topped Sunday’s vote in Finland but the coalition it previously belonged to no longer has a parliamentary majority. There are worries that a new government including a euroskeptic party which made big gains could derail a bailout which is currently in the works for Portugal.

“The real fear is that anti-Euro aid sentiment is building across Europe, which should it spill into countries like Germany could have significant ramifications,” said Scotia Capital chief currency strategist Camilla Sutton.

The euro traded at US$1.4291, down sharply from US$1.4429 late Friday.

Traders also took in news that China’s central bank moved during the weekend to further tamp down inflation, which jumped to a 32-month high in March. On Sunday, the People’s Bank of China announced that the deposit reserve ratio for most banks would be raised to 20.5 per cent — the fourth reserve increase this year.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Canadian dollar declines amid lower commodities, European debt nervousness – Dominion Lending Centres Clearlease

TORONTO – (April 18, 2011) Clearlease.com Reports the Canadian dollar was lower Monday morning as oil prices declined and the American dollar strengthened against other currencies.

The loonie fell 0.48 of a cent to 103.68 cents US.

Oil prices headed lower even as Saudi Arabia announced Sunday that it cut daily output to 8.3 million barrels in March from 9.1 million barrels in February because of what it saw as excess global supply. The moved dampened hopes OPEC will soon boost its output to help bring down prices.

The May crude contract on the New York Mercantile Exchange was down $1.34 to US$108.32 a barrel.

Other commodity prices headed lower with the May copper contract on the Nymex down a cent to US$4.24 a pound.

Bullion backed away from Friday’s latest record high close, as the June contract in New York declined $5.10 to US$1,480.90 an ounce.

Meanwhile, there was renewed focus on Greece’s debts in the wake of suggestions from a number of people that the country would be better off looking for a way to renegotiate its debts as a way of relieving its crisis.

Also, a Greek newspaper reported that Greece has asked the International Monetary Fund and the European Union to begin talks on restructuring its debt.

Meanwhile, the pro-EU conservative National Coalition Party topped Sunday’s vote in Finland but the coalition it previously belonged to no longer has a parliamentary majority. There are worries that a new government including a euroskeptic party which made big gains could derail a bailout which is currently in the works for Portugal.

“The real fear is that anti-Euro aid sentiment is building across Europe, which should it spill into countries like Germany could have significant ramifications,” said Scotia Capital chief currency strategist Camilla Sutton.

The euro traded at US$1.4291, down sharply from US$1.4429 late Friday.

Traders also took in news that China’s central bank moved during the weekend to further tamp down inflation, which jumped to a 32-month high in March. On Sunday, the People’s Bank of China announced that the deposit reserve ratio for most banks would be raised to 20.5 per cent — the fourth reserve increase this year.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Troubled outlook for U.S. debt is driving stocks lower Monday. - Dominion Lending Centres Clearlease

Troubled outlook for U.S. debt is driving stocks lower Monday. – Dominion Lending Centres Clearlease

Troubled outlook for U.S. debt is driving stocks lower Monday. – Dominion Lending Centres Clearlease

OMAHA, Neb. – (April 18, 2011) Clearlease.com Reports A troubled outlook for U.S. debt is driving stocks sharply lower at the start of trading on Monday. This as a lackluster earnings season continues, with big-name companies like Citigroup (C) and Eli Lilly (LLY) announcing their quarterly results.

Standard & Poor’s cut its ratings outlook on the U.S. to negative from stable Monday morning, putting further pressure on policy makers to get the nation’s fiscal house in order. The ratings agency kept the country’s gold-standard Triple-A rating in place, but said the negative outlook reflected the material risk that Congress will fail to address budget concerns by 2013.

Stocks are falling sharply in early trading. The S&P 500 is down 16.75 points. The Dow Jones Industrial Average is lower by 168 points. And the Nasdaq Composite is lower by 38 points.

While the news out of S&P is the main focus of early trading, earnings season continues to garner some headlines.

Financial services giant Citigroup reported a sharp decline in first-quarter profit despite lower loan-loss provisions, as revenues fell 22 percent and the company recorded a charge related to asset transfer in Special Asset Pool. Earnings beat analysts’ view, but top-line results came below their forecast.

First-quarter net income was $3 billion, compared with $4.43 billion a year ago. On a per-share basis, earnings were $0.10 in the first quarter. On average, 21 analysts polled by Thomson Reuters expected earnings of $0.09 per share for the quarter.

Shares of Citi are up 6 cents in early trading, rising to $4.48.

Drug maker Eli Lilly reported a 15 percent drop in first-quarter net income, mainly reflecting an in-process research and development charge associated with diabetes collaboration with German pharmaceuticals firm Boehringer Ingelheim. Excluding charges, earnings beat analysts’ estimates on strong overseas sales. The company also backed its full-year adjusted earnings view.

For the quarter, net income at Lilly declined to $1.06 billion or $0.95 per share from $1.25 billion or $1.13 per share last year.

Shares of Lilly are following the general market lower, dropping 49 cents in early trading to reach $35.52.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Troubled outlook for U.S. debt is driving stocks lower Monday. - Dominion Lending Centres Clearlease

NEW YORK, NY – (April 18, 2011) Clearlease.com Reports A troubled outlook for U.S. debt is driving stocks sharply lower at the start of trading on Monday. This as a lackluster earnings season continues, with big-name companies like Citigroup (NYSE:C) and Eli Lilly (NYSE:LLY) announcing their quarterly results.

Standard & Poor’s cut its ratings outlook on the U.S. to negative from stable Monday morning, putting further pressure on policy makers to get the nation’s fiscal house in order. The ratings agency kept the country’s gold-standard Triple-A rating in place, but said the negative outlook reflected the material risk that Congress will fail to address budget concerns by 2013.

Stocks are falling sharply in early trading. The S&P 500 is down 16.75 points. The Dow Jones Industrial Average is lower by 168 points. And the Nasdaq Composite is lower by 38 points.

While the news out of S&P is the main focus of early trading, earnings season continues to garner some headlines.

Financial services giant Citigroup reported a sharp decline in first-quarter profit despite lower loan-loss provisions, as revenues fell 22 percent and the company recorded a charge related to asset transfer in Special Asset Pool. Earnings beat analysts’ view, but top-line results came below their forecast.

First-quarter net income was $3 billion, compared with $4.43 billion a year ago. On a per-share basis, earnings were $0.10 in the first quarter. On average, 21 analysts polled by Thomson Reuters expected earnings of $0.09 per share for the quarter.

Shares of Citi are up 6 cents in early trading, rising to $4.48.

Drug maker Eli Lilly reported a 15 percent drop in first-quarter net income, mainly reflecting an in-process research and development charge associated with diabetes collaboration with German pharmaceuticals firm Boehringer Ingelheim. Excluding charges, earnings beat analysts’ estimates on strong overseas sales. The company also backed its full-year adjusted earnings view.

For the quarter, net income at Lilly declined to $1.06 billion or $0.95 per share from $1.25 billion or $1.13 per share last year.

Shares of Lilly are following the general market lower, dropping 49 cents in early trading to reach $35.52.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Troubled outlook for U.S. debt is driving stocks lower Monday. – Dominion Lending Centres Clearlease

OMAHA, Neb. – (April 18, 2011) Clearlease.com Reports A troubled outlook for U.S. debt is driving stocks sharply lower at the start of trading on Monday. This as a lackluster earnings season continues, with big-name companies like Citigroup (C) and Eli Lilly (LLY) announcing their quarterly results.

Standard & Poor’s cut its ratings outlook on the U.S. to negative from stable Monday morning, putting further pressure on policy makers to get the nation’s fiscal house in order. The ratings agency kept the country’s gold-standard Triple-A rating in place, but said the negative outlook reflected the material risk that Congress will fail to address budget concerns by 2013.

Stocks are falling sharply in early trading. The S&P 500 is down 16.75 points. The Dow Jones Industrial Average is lower by 168 points. And the Nasdaq Composite is lower by 38 points.

While the news out of S&P is the main focus of early trading, earnings season continues to garner some headlines.

Financial services giant Citigroup reported a sharp decline in first-quarter profit despite lower loan-loss provisions, as revenues fell 22 percent and the company recorded a charge related to asset transfer in Special Asset Pool. Earnings beat analysts’ view, but top-line results came below their forecast.

First-quarter net income was $3 billion, compared with $4.43 billion a year ago. On a per-share basis, earnings were $0.10 in the first quarter. On average, 21 analysts polled by Thomson Reuters expected earnings of $0.09 per share for the quarter.

Shares of Citi are up 6 cents in early trading, rising to $4.48.

Drug maker Eli Lilly reported a 15 percent drop in first-quarter net income, mainly reflecting an in-process research and development charge associated with diabetes collaboration with German pharmaceuticals firm Boehringer Ingelheim. Excluding charges, earnings beat analysts’ estimates on strong overseas sales. The company also backed its full-year adjusted earnings view.

For the quarter, net income at Lilly declined to $1.06 billion or $0.95 per share from $1.25 billion or $1.13 per share last year.

Shares of Lilly are following the general market lower, dropping 49 cents in early trading to reach $35.52.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

TD Ameritrade (NASDAQ:AMTD) says its 2Q net income rose to US$171.7 million - Dominion Lending Centres Clearlease

TD Ameritrade (NASDAQ:AMTD) says its 2Q net income rose to US$171.7 million – Dominion Lending Centres Clearlease

TD Ameritrade (NASDAQ:AMTD) says its 2Q net income rose to US$171.7 million – Dominion Lending Centres Clearlease

OMAHA, Neb. – (April 18, 2011) Clearlease.com Reports TD Ameritrade Holding Corp. (NASDAQ:AMTD) says its second-quarter net income rose to US$171.7 million, as transaction-based revenue grew 16 per cent.

Ameritrade’s profit amounted to 30 cents per share, with US$338.3 million of transaction-based revenue and US$718.2 million in total net revenue from all sources.

A year earlier, Ameritrade earned US$145 million or 25 cents per share with $292,7 million of transaction revenue and US$656.2 million net revenue from all sources.

The Omaha-based discount brokerage is 40 per cent owned by TD Bank Group of Toronto (TSX:TD).

The Canadian bank said Ameritrade is expected to contribute C$57 million of net income to its wealth management segment.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###TD Ameritrade (NASDAQ:AMTD) says its 2Q net income rose to US$171.7 million - Dominion Lending Centres Clearlease

OMAHA, Neb. – (April 18, 2011) Clearlease.com Reports TD Ameritrade Holding Corp. (NASDAQ:AMTD) says its second-quarter net income rose to US$171.7 million, as transaction-based revenue grew 16 per cent.

Ameritrade’s profit amounted to 30 cents per share, with US$338.3 million of transaction-based revenue and US$718.2 million in total net revenue from all sources.

A year earlier, Ameritrade earned US$145 million or 25 cents per share with $292,7 million of transaction revenue and US$656.2 million net revenue from all sources.

The Omaha-based discount brokerage is 40 per cent owned by TD Bank Group of Toronto (TSX:TD).

The Canadian bank said Ameritrade is expected to contribute C$57 million of net income to its wealth management segment.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###TD Ameritrade (NASDAQ:AMTD) says its 2Q net income rose to US$171.7 million – Dominion Lending Centres Clearlease

OMAHA, Neb. – (April 18, 2011) Clearlease.com Reports TD Ameritrade Holding Corp. (NASDAQ:AMTD) says its second-quarter net income rose to US$171.7 million, as transaction-based revenue grew 16 per cent.

Ameritrade’s profit amounted to 30 cents per share, with US$338.3 million of transaction-based revenue and US$718.2 million in total net revenue from all sources.

A year earlier, Ameritrade earned US$145 million or 25 cents per share with $292,7 million of transaction revenue and US$656.2 million net revenue from all sources.

The Omaha-based discount brokerage is 40 per cent owned by TD Bank Group of Toronto (TSX:TD).

The Canadian bank said Ameritrade is expected to contribute C$57 million of net income to its wealth management segment.

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.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###