Dominion Lending Centres Clearlease Reports Friday the 13th Small Cap stocks on the move
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Canada: In tracking the small cap stock universe for Thursday, May 12th 2011, Ubika Research found that the top 10 small cap stock gainers from each of the listed sectors performed as follows:
The top individual small cap stock gainers include Elissa Resources Ltd. (TSXV:ELI.V) (TSXV:ELI.V) with a 38% gain in metals and mining, Helio Resources Corp. (TSXV:HRC.V) (TSXV:HRC.V) with a 27% gain among gold stocks, Loon Energy Corp (TSX VENTURE:LNE) (CVE:LNE) with a 20% gain in oil & gas, Fireswirl Technologies Inc. (TSX VENTURE:FSW) (CVE:FSW) with a 29% gain among technology stocks and HTC Purenergy Inc. (TSX VENTURE:HTC) (CVE:HTC) with a 24% gain in the cleantech category.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Canada: In tracking the small cap stock universe for Thursday, May 12th 2011, Ubika Research found that the top 10 small cap stock gainers from each of the listed sectors performed as follows:
The top individual small cap stock gainers include Elissa Resources Ltd. (TSXV:ELI.V) (TSXV:ELI.V) with a 38% gain in metals and mining, Helio Resources Corp. (TSXV:HRC.V) (TSXV:HRC.V) with a 27% gain among gold stocks, Loon Energy Corp (TSX VENTURE:LNE) (CVE:LNE) with a 20% gain in oil & gas, Fireswirl Technologies Inc. (TSX VENTURE:FSW) (CVE:FSW) with a 29% gain among technology stocks and HTC Purenergy Inc. (TSX VENTURE:HTC) (CVE:HTC) with a 24% gain in the cleantech category.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Dominion Lending Centres Clearlease Reports Friday the 13th Small Cap stocks on the move
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Canada: In tracking the small cap stock universe for Thursday, May 12th 2011, Ubika Research found that the top 10 small cap stock gainers from each of the listed sectors performed as follows:
The top individual small cap stock gainers include Elissa Resources Ltd. (TSXV:ELI.V) (TSXV:ELI.V) with a 38% gain in metals and mining, Helio Resources Corp. (TSXV:HRC.V) (TSXV:HRC.V) with a 27% gain among gold stocks, Loon Energy Corp (TSX VENTURE:LNE) (CVE:LNE) with a 20% gain in oil & gas, Fireswirl Technologies Inc. (TSX VENTURE:FSW) (CVE:FSW) with a 29% gain among technology stocks and HTC Purenergy Inc. (TSX VENTURE:HTC) (CVE:HTC) with a 24% gain in the cleantech category.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Dominion Lending Centres Clearlease Reports Friday the 13th Oil rises to near US$100 in Europe on strong German, French GDP figures
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Oil prices rose to near US$100 a barrel Friday as Germany and France posted strong economic growth figures and the U.S. dollar weakened, making crude cheaper for investors with other currencies.
By early afternoon in Europe, benchmark crude for June delivery was up 93 cents to $99.90 a barrel in electronic trading on the New York Mercantile Exchange. The contract gained 76 cents to settle at $98.97 on Thursday.
In London, Brent crude for June delivery was up $1.20 to $114.18 a barrel on the ICE Futures exchange.
Crude prices have zigzagged near $100 for most of this week, broadly tracking the value of the dollar. When the dollar weakens — as it has most of this year — oil tends to rise while it usually falls when the dollar is stronger.
“Stronger than expected GDP data from Germany, France and the eurozone provided some support to the euro and pushed the U.S. dollar lower,” said a report from Sucden Financial in London. “The oil market seems very vulnerable, but is likely to be erratic amid these uncertain economic conditions in the eurozone.”
Germany, Europe’s biggest economy, grew by 1.5 per cent in the first quarter of 2011, above economists’ forecasts for 1 per cent growth. France, the eurozone’s second-biggest economy, grew 1 per cent on higher consumer spending and business investment.
Those figures helped boost the euro, which rose to $1.4284 from $1.4241 late Thursday, while the dollar fell to 80.63 yen from 81.00.
“Oil is maintaining a tight correlation with the dollar for now,” Ritterbusch and Associates said in a report. “Given some expected wide swings in the currencies … exceptional oil price volatility will likely remain intact through this month.”
Traders are also closely watching for signs higher fuel costs are crimping U.S. crude demand. The International Energy Agency on Thursday cut its estimate for global demand this year by 190,000 barrels per day, noting that higher gasoline prices in the U.S. appeared to be forcing Americans to cut back on driving.
Some analysts expect demand in developing economies to bolster global consumption.
“Overall, the global demand picture has not changed significantly,” Barclays Capital said.
In other Nymex trading in June contracts, heating oil added 2.83 cents to $2.942 a gallon and gasoline gained 2.14 cents to $3.0853 a gallon. Natural gas futures retreated 2.4 cents to $4.17 per 1,000 cubic feet.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Oil prices rose to near US$100 a barrel Friday as Germany and France posted strong economic growth figures and the U.S. dollar weakened, making crude cheaper for investors with other currencies.
By early afternoon in Europe, benchmark crude for June delivery was up 93 cents to $99.90 a barrel in electronic trading on the New York Mercantile Exchange. The contract gained 76 cents to settle at $98.97 on Thursday.
In London, Brent crude for June delivery was up $1.20 to $114.18 a barrel on the ICE Futures exchange.
Crude prices have zigzagged near $100 for most of this week, broadly tracking the value of the dollar. When the dollar weakens — as it has most of this year — oil tends to rise while it usually falls when the dollar is stronger.
“Stronger than expected GDP data from Germany, France and the eurozone provided some support to the euro and pushed the U.S. dollar lower,” said a report from Sucden Financial in London. “The oil market seems very vulnerable, but is likely to be erratic amid these uncertain economic conditions in the eurozone.”
Germany, Europe’s biggest economy, grew by 1.5 per cent in the first quarter of 2011, above economists’ forecasts for 1 per cent growth. France, the eurozone’s second-biggest economy, grew 1 per cent on higher consumer spending and business investment.
Those figures helped boost the euro, which rose to $1.4284 from $1.4241 late Thursday, while the dollar fell to 80.63 yen from 81.00.
“Oil is maintaining a tight correlation with the dollar for now,” Ritterbusch and Associates said in a report. “Given some expected wide swings in the currencies … exceptional oil price volatility will likely remain intact through this month.”
Traders are also closely watching for signs higher fuel costs are crimping U.S. crude demand. The International Energy Agency on Thursday cut its estimate for global demand this year by 190,000 barrels per day, noting that higher gasoline prices in the U.S. appeared to be forcing Americans to cut back on driving.
Some analysts expect demand in developing economies to bolster global consumption.
“Overall, the global demand picture has not changed significantly,” Barclays Capital said.
In other Nymex trading in June contracts, heating oil added 2.83 cents to $2.942 a gallon and gasoline gained 2.14 cents to $3.0853 a gallon. Natural gas futures retreated 2.4 cents to $4.17 per 1,000 cubic feet.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Dominion Lending Centres Clearlease Reports Friday the 13th Oil rises to near US$100 in Europe on strong German, French GDP figures
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Oil prices rose to near US$100 a barrel Friday as Germany and France posted strong economic growth figures and the U.S. dollar weakened, making crude cheaper for investors with other currencies.
By early afternoon in Europe, benchmark crude for June delivery was up 93 cents to $99.90 a barrel in electronic trading on the New York Mercantile Exchange. The contract gained 76 cents to settle at $98.97 on Thursday.
In London, Brent crude for June delivery was up $1.20 to $114.18 a barrel on the ICE Futures exchange.
Crude prices have zigzagged near $100 for most of this week, broadly tracking the value of the dollar. When the dollar weakens — as it has most of this year — oil tends to rise while it usually falls when the dollar is stronger.
“Stronger than expected GDP data from Germany, France and the eurozone provided some support to the euro and pushed the U.S. dollar lower,” said a report from Sucden Financial in London. “The oil market seems very vulnerable, but is likely to be erratic amid these uncertain economic conditions in the eurozone.”
Germany, Europe’s biggest economy, grew by 1.5 per cent in the first quarter of 2011, above economists’ forecasts for 1 per cent growth. France, the eurozone’s second-biggest economy, grew 1 per cent on higher consumer spending and business investment.
Those figures helped boost the euro, which rose to $1.4284 from $1.4241 late Thursday, while the dollar fell to 80.63 yen from 81.00.
“Oil is maintaining a tight correlation with the dollar for now,” Ritterbusch and Associates said in a report. “Given some expected wide swings in the currencies … exceptional oil price volatility will likely remain intact through this month.”
Traders are also closely watching for signs higher fuel costs are crimping U.S. crude demand. The International Energy Agency on Thursday cut its estimate for global demand this year by 190,000 barrels per day, noting that higher gasoline prices in the U.S. appeared to be forcing Americans to cut back on driving.
Some analysts expect demand in developing economies to bolster global consumption.
“Overall, the global demand picture has not changed significantly,” Barclays Capital said.
In other Nymex trading in June contracts, heating oil added 2.83 cents to $2.942 a gallon and gasoline gained 2.14 cents to $3.0853 a gallon. Natural gas futures retreated 2.4 cents to $4.17 per 1,000 cubic feet.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Dominion Lending Centres Clearlease Reports Friday the 13th Algonquin Power (Toronto:AQN.TO) Announces Acquisition and Agreement Atmos Energy (NYSE: ATO)
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Algonquin Power & Utilities Corp. (Toronto:AQN.TO) announced May 13, 2011, that Liberty Energy Utilities Co., APUC’s regulated electricity and natural gas distribution utility subsidiary, has entered into an agreement with Atmos Energy Corporation (NYSE: ATO) to acquire their regulated natural gas distribution utility assets located in Missouri, Iowa, and Illinois. Total purchase price for the Utilities is approximately U.S. $124 million, subject to certain working capital and other closing adjustments. Liberty Energy expects to acquire assets for rate making purposes of approximately $112 million, representing a purchase price multiple of 1.106x.
The Utilities currently provide natural gas local distribution service to approximately 84,000 customers (57,000 in Missouri, 23,000 in Illinois, and 4,000 in Iowa). The Utilities have capable and experienced work forces and Liberty Energy intends to make offers of continuing employment to all current employees of the Utilities.
Closing of the transaction is subject to certain conditions including state and federal regulatory approval, and is expected to occur in 2012. Financing of the acquisitions is expected to occur simultaneously with the closing of the transaction. Liberty Energy will not be assuming any existing indebtedness with this transaction.
“The acquisition of these well maintained, high quality utility assets is consistent with our growth strategy and provides Liberty Energy a great opportunity to accretively expand its regulated utility operations in Missouri and Illinois, both States with which we are familiar through our existing utility businesses.” commented Ian Robertson, Chief Executive Officer of Algonquin Power & Utilities Corp. “We are confident in our ability to continue Atmos Energy’s history of providing reliable, safe and cost effective customer service in these territories.” he continued.
A summary fact sheet on the Utilities being acquired can be found on APUC’s web site at www.algonquinpower.com.
Algonquin Power will address questions regarding the acquisition during the conference call being held for the first quarter 2011 results at 9:00 a.m. eastern time on Friday, May 13, 2011, hosted by Chief Executive Officer Ian Robertson and Chief Financial Officer David Bronicheski.
Conference call details are as follows:
Date: Friday, May 13, 2011
Start Time: 9:00 a.m. eastern
Phone Number: Toll free within North America: 1-800-814-4859 or Local 416-644-3414.
Conference ID#: 4433621
For those unable to attend the live call, a digital recording will be available for replay two hours after the call by dialing 1-877-289-8525 or 416-640-1917 access code 4433621# from May 13, 2011 until May 27, 2011.
About Algonquin Power & Utilities Corp.
Through its distinct operating subsidiaries, APUC owns and operates a diversified portfolio of $1.1 billion of clean renewable electric generation and sustainable utility distribution businesses in North America. Liberty Water Co., APUC’s water utility subsidiary, provides regulated water utility services to more than 73,000 customers with a portfolio of 19 water distribution and wastewater treatment utility systems and has entered into agreements to acquire additional utility systems serving 7,400 customers. Through its wholly owned subsidiary Liberty Energy Utilities Co., APUC provides regulated electricity and natural gas distribution services, currently serving more than 47,000 electric customers in the Lake Tahoe, CA area. Pursuant to previously announced agreements, Liberty Energy Utilities Co. is committed to acquiring Granite State Electric Company, a New Hampshire electric distribution company, and EnergyNorth Natural Gas Inc., a regulated natural gas distribution utility, which together serve approximately 130,000 customers. Algonquin Power Co. (APCo), APUC’s electric generation subsidiary, includes 45 renewable energy facilities and 12 thermal energy facilities representing more than 460 MW of installed capacity. Pursuant to a previously announced agreement APCo will be acquiring a partial interest in an existing 370MW portfolio of New England and New York wind projects and development opportunities representing an additional 1,200MW of wind generation projects. APUC and its operating subsidiaries deliver continuing growth through an expanding pipeline of greenfield and expansion renewable power and clean energy projects, organic growth within its regulated utilities and the pursuit of accretive acquisition opportunities. APUC’s common shares and convertible debentures are traded on the Toronto Stock Exchange under the symbols AQN, AQN.DB, AQN.DB.A and AQN.DB.B.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Algonquin Power & Utilities Corp. (Toronto:AQN.TO) announced May 13, 2011, that Liberty Energy Utilities Co., APUC’s regulated electricity and natural gas distribution utility subsidiary, has entered into an agreement with Atmos Energy Corporation (NYSE: ATO) to acquire their regulated natural gas distribution utility assets located in Missouri, Iowa, and Illinois. Total purchase price for the Utilities is approximately U.S. $124 million, subject to certain working capital and other closing adjustments. Liberty Energy expects to acquire assets for rate making purposes of approximately $112 million, representing a purchase price multiple of 1.106x.
The Utilities currently provide natural gas local distribution service to approximately 84,000 customers (57,000 in Missouri, 23,000 in Illinois, and 4,000 in Iowa). The Utilities have capable and experienced work forces and Liberty Energy intends to make offers of continuing employment to all current employees of the Utilities.
Closing of the transaction is subject to certain conditions including state and federal regulatory approval, and is expected to occur in 2012. Financing of the acquisitions is expected to occur simultaneously with the closing of the transaction. Liberty Energy will not be assuming any existing indebtedness with this transaction.
“The acquisition of these well maintained, high quality utility assets is consistent with our growth strategy and provides Liberty Energy a great opportunity to accretively expand its regulated utility operations in Missouri and Illinois, both States with which we are familiar through our existing utility businesses.” commented Ian Robertson, Chief Executive Officer of Algonquin Power & Utilities Corp. “We are confident in our ability to continue Atmos Energy’s history of providing reliable, safe and cost effective customer service in these territories.” he continued.
A summary fact sheet on the Utilities being acquired can be found on APUC’s web site at www.algonquinpower.com.
Algonquin Power will address questions regarding the acquisition during the conference call being held for the first quarter 2011 results at 9:00 a.m. eastern time on Friday, May 13, 2011, hosted by Chief Executive Officer Ian Robertson and Chief Financial Officer David Bronicheski.
Conference call details are as follows:
Date: Friday, May 13, 2011
Start Time: 9:00 a.m. eastern
Phone Number: Toll free within North America: 1-800-814-4859 or Local 416-644-3414.
Conference ID#: 4433621
For those unable to attend the live call, a digital recording will be available for replay two hours after the call by dialing 1-877-289-8525 or 416-640-1917 access code 4433621# from May 13, 2011 until May 27, 2011.
About Algonquin Power & Utilities Corp.
Through its distinct operating subsidiaries, APUC owns and operates a diversified portfolio of $1.1 billion of clean renewable electric generation and sustainable utility distribution businesses in North America. Liberty Water Co., APUC’s water utility subsidiary, provides regulated water utility services to more than 73,000 customers with a portfolio of 19 water distribution and wastewater treatment utility systems and has entered into agreements to acquire additional utility systems serving 7,400 customers. Through its wholly owned subsidiary Liberty Energy Utilities Co., APUC provides regulated electricity and natural gas distribution services, currently serving more than 47,000 electric customers in the Lake Tahoe, CA area. Pursuant to previously announced agreements, Liberty Energy Utilities Co. is committed to acquiring Granite State Electric Company, a New Hampshire electric distribution company, and EnergyNorth Natural Gas Inc., a regulated natural gas distribution utility, which together serve approximately 130,000 customers. Algonquin Power Co. (APCo), APUC’s electric generation subsidiary, includes 45 renewable energy facilities and 12 thermal energy facilities representing more than 460 MW of installed capacity. Pursuant to a previously announced agreement APCo will be acquiring a partial interest in an existing 370MW portfolio of New England and New York wind projects and development opportunities representing an additional 1,200MW of wind generation projects. APUC and its operating subsidiaries deliver continuing growth through an expanding pipeline of greenfield and expansion renewable power and clean energy projects, organic growth within its regulated utilities and the pursuit of accretive acquisition opportunities. APUC’s common shares and convertible debentures are traded on the Toronto Stock Exchange under the symbols AQN, AQN.DB, AQN.DB.A and AQN.DB.B.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Dominion Lending Centres Clearlease Reports Friday the 13th Algonquin Power (Toronto:AQN.TO) Announces Acquisition and Agreement Atmos Energy (NYSE: ATO)
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Algonquin Power & Utilities Corp. (Toronto:AQN.TO) announced May 13, 2011, that Liberty Energy Utilities Co., APUC’s regulated electricity and natural gas distribution utility subsidiary, has entered into an agreement with Atmos Energy Corporation (NYSE: ATO) to acquire their regulated natural gas distribution utility assets located in Missouri, Iowa, and Illinois. Total purchase price for the Utilities is approximately U.S. $124 million, subject to certain working capital and other closing adjustments. Liberty Energy expects to acquire assets for rate making purposes of approximately $112 million, representing a purchase price multiple of 1.106x.
The Utilities currently provide natural gas local distribution service to approximately 84,000 customers (57,000 in Missouri, 23,000 in Illinois, and 4,000 in Iowa). The Utilities have capable and experienced work forces and Liberty Energy intends to make offers of continuing employment to all current employees of the Utilities.
Closing of the transaction is subject to certain conditions including state and federal regulatory approval, and is expected to occur in 2012. Financing of the acquisitions is expected to occur simultaneously with the closing of the transaction. Liberty Energy will not be assuming any existing indebtedness with this transaction.
“The acquisition of these well maintained, high quality utility assets is consistent with our growth strategy and provides Liberty Energy a great opportunity to accretively expand its regulated utility operations in Missouri and Illinois, both States with which we are familiar through our existing utility businesses.” commented Ian Robertson, Chief Executive Officer of Algonquin Power & Utilities Corp. “We are confident in our ability to continue Atmos Energy’s history of providing reliable, safe and cost effective customer service in these territories.” he continued.
A summary fact sheet on the Utilities being acquired can be found on APUC’s web site at www.algonquinpower.com.
Algonquin Power will address questions regarding the acquisition during the conference call being held for the first quarter 2011 results at 9:00 a.m. eastern time on Friday, May 13, 2011, hosted by Chief Executive Officer Ian Robertson and Chief Financial Officer David Bronicheski.
Conference call details are as follows:
Date: Friday, May 13, 2011
Start Time: 9:00 a.m. eastern
Phone Number: Toll free within North America: 1-800-814-4859 or Local 416-644-3414.
Conference ID#: 4433621
For those unable to attend the live call, a digital recording will be available for replay two hours after the call by dialing 1-877-289-8525 or 416-640-1917 access code 4433621# from May 13, 2011 until May 27, 2011.
About Algonquin Power & Utilities Corp.
Through its distinct operating subsidiaries, APUC owns and operates a diversified portfolio of $1.1 billion of clean renewable electric generation and sustainable utility distribution businesses in North America. Liberty Water Co., APUC’s water utility subsidiary, provides regulated water utility services to more than 73,000 customers with a portfolio of 19 water distribution and wastewater treatment utility systems and has entered into agreements to acquire additional utility systems serving 7,400 customers. Through its wholly owned subsidiary Liberty Energy Utilities Co., APUC provides regulated electricity and natural gas distribution services, currently serving more than 47,000 electric customers in the Lake Tahoe, CA area. Pursuant to previously announced agreements, Liberty Energy Utilities Co. is committed to acquiring Granite State Electric Company, a New Hampshire electric distribution company, and EnergyNorth Natural Gas Inc., a regulated natural gas distribution utility, which together serve approximately 130,000 customers. Algonquin Power Co. (APCo), APUC’s electric generation subsidiary, includes 45 renewable energy facilities and 12 thermal energy facilities representing more than 460 MW of installed capacity. Pursuant to a previously announced agreement APCo will be acquiring a partial interest in an existing 370MW portfolio of New England and New York wind projects and development opportunities representing an additional 1,200MW of wind generation projects. APUC and its operating subsidiaries deliver continuing growth through an expanding pipeline of greenfield and expansion renewable power and clean energy projects, organic growth within its regulated utilities and the pursuit of accretive acquisition opportunities. APUC’s common shares and convertible debentures are traded on the Toronto Stock Exchange under the symbols AQN, AQN.DB, AQN.DB.A and AQN.DB.B.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Dominion Lending Centres Clearlease Reports Children’s entertainment Co DHX Media (TSX:DHX) Q1 profit of $12.3 million
VANCOUVER, BC – (May 12, 2011) Clearlease Reports Children’s television producer and distributor DHX Media Ltd. (TSX:DHX) stated it has increased its third-quarter revenue by almost 40 per cent to $12.3 million, helped by growth from licensing revenues.
Net income was $400,000 for the quarter, compared with a loss of $500,000 in the same period last year, the Halifax company said Thursday.
“We are pleased to report that DHX Media’s business continues to rebound, lead by growth in our licensing group,” chief executive Michael Donovan said in a news release.
Earnings per share were a penny in the quarter, unchanged from a year ago.
DHX Media bills itself as an international leader in television production and distribution, interactive content and entertainment licensing, with an emphasis on children, family and youth markets.
It has offices in Toronto, Halifax, Vancouver and Los Angeles and the company is the producer or co-producer of more than 60 original TV series.
TV series include “That’s So Weird,” “How to be Indie,” “This Hour Has 22 Minutes” and animated series “Kid vs Kat” and new preschool show “Rastamouse.”
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BC – (May 12, 2011) Clearlease Reports Children’s television producer and distributor DHX Media Ltd. (TSX:DHX) stated it has increased its third-quarter revenue by almost 40 per cent to $12.3 million, helped by growth from licensing revenues.
Net income was $400,000 for the quarter, compared with a loss of $500,000 in the same period last year, the Halifax company said Thursday.
“We are pleased to report that DHX Media’s business continues to rebound, lead by growth in our licensing group,” chief executive Michael Donovan said in a news release.
Earnings per share were a penny in the quarter, unchanged from a year ago.
DHX Media bills itself as an international leader in television production and distribution, interactive content and entertainment licensing, with an emphasis on children, family and youth markets.
It has offices in Toronto, Halifax, Vancouver and Los Angeles and the company is the producer or co-producer of more than 60 original TV series.
TV series include “That’s So Weird,” “How to be Indie,” “This Hour Has 22 Minutes” and animated series “Kid vs Kat” and new preschool show “Rastamouse.”
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Dominion Lending Centres Clearlease Reports Children’s entertainment Co DHX Media (TSX:DHX) Q1 profit of $12.3 million
VANCOUVER, BC – (May 12, 2011) Clearlease Reports Children’s television producer and distributor DHX Media Ltd. (TSX:DHX) stated it has increased its third-quarter revenue by almost 40 per cent to $12.3 million, helped by growth from licensing revenues.
Net income was $400,000 for the quarter, compared with a loss of $500,000 in the same period last year, the Halifax company said Thursday.
“We are pleased to report that DHX Media’s business continues to rebound, lead by growth in our licensing group,” chief executive Michael Donovan said in a news release.
Earnings per share were a penny in the quarter, unchanged from a year ago.
DHX Media bills itself as an international leader in television production and distribution, interactive content and entertainment licensing, with an emphasis on children, family and youth markets.
It has offices in Toronto, Halifax, Vancouver and Los Angeles and the company is the producer or co-producer of more than 60 original TV series.
TV series include “That’s So Weird,” “How to be Indie,” “This Hour Has 22 Minutes” and animated series “Kid vs Kat” and new preschool show “Rastamouse.”
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Dominion Lending Centres Clearlease Reports Petango (Toronto:PTZ.TO) Comes to Aid of Pets Lost in Tuscaloosa Tornado
VANCOUVER, BC – (May 12, 2011) Clearlease Reports Pethealth Inc. (Toronto:PTZ.TO) started assisting on Thursday May 12, 2011 as images of lost pets and pleas for their safe recovery flood the Internet, Pethealth staff are working on the ground and online with the Tuscaloosa Metro Animal Shelter in Tuscaloosa, Alabama to support its rescue efforts and reconnect lost pets with their owners following the violent storms that wreaked havoc across the state and surrounding areas.
On the ground, Jorge Ortega, Emergency Responder and Regional Director, Shelter Outreach at Pethealth, has worked nonstop over the past three days to help Metro Shelter staff organize and generate electronic records for the over 340 stray animals that have entered its facilities since April 27, 2011. In addition to helping them keep track of the animals in their care, he and volunteers have diligently photographed stray pets to provide visual profiles for rescue workers and pet owners searching online.
“The number of animals in need here is overwhelming,” says Jorge Ortega. “When we’re not working on the administrative tasks of updating profiles and entering pets into the database, we’re scanning for microchips, cleaning kennels, facilitating visitors and offering comfort where we can.”
Stray pets currently in the care of Metro Shelter staff can now be viewed online at Petango.com on a dedicated page powered by PetPoint, a cloud-based animal management system developed by Pethealth that also drives a real time, live feed of adoptable pets from nearly 1,650 shelters to Petango.com. Through its integration with PetPoint, Petango is uniquely positioned to connect online users with animals in shelters and rescues across North America and in this case, with lost pets recovered from the wreckage left behind by the storms. As a hosted application, PetPoint also offers offsite data storage and wireless access, ensuring organizations like Metro Shelter can continue to manage their operations via portable devices when necessary and in times of crisis.
“After the tornado destroyed parts of Tuscaloosa, one of the first people to reach out to us was a member of Pethealth’s Shelter Outreach,” says Judy Hill, Director of Tuscaloosa Metro Animal Shelter. “As the devastation was being assessed and animals started pouring into Tuscaloosa Metro Animal Shelter, they were quick to respond with questions about our welfare and how they could help. It was so comforting to have that connection at a time when we were all so vulnerable. The fact that Jorge was able to join us here to help get us caught up on our intakes and lend an extra pair of hands where needed was phenomenal!”
In accordance with yesterday’s Advisory Board meeting for City and County officials, by end of this week Metro Shelter will begin transferring stray pets to locations both in and out of state where more room is available. As they prepare for this deadline, PetPoint will assist their ability to coordinate and track the movements of the animals in their system.
“As an organization largely operated by pet owners, our hearts go out to all the families and pets in Alabama and the surrounding areas that lost their homes,” says Susan Arts, Vice President of Marketing at Pethealth Inc. “Through our continued support both on the ground and online via Petango.com and our social media channels, we are committed to helping more pets find their families and assisting our partner shelters during this crisis.”
As of Tuesday morning, at least 85 lost pets had been reunited with their owners.
If you or someone you know has lost a pet in the Tuscaloosa Area please visit www.Petango.com for a complete listing of animals currently in custody at the Tuscaloosa Metro Animal Shelter.
About Petango.com and ThePetangoStore.com
Petango.com is the only adoptable search site that exclusively uses live animal data feeds from nearly 1,650 animal welfare organizations and offers a wide range of content-rich options for potential adopters, shelters and anyone who wants to learn more about pet adoption. It is the one-stop destination for anyone looking to adopt a pet from an animal welfare organization and participate in an interactive, social networking pet lovers’ community in North America. ThePetangoStore.com is the place to shop for pets and help save homeless pets with a percentage of every purchase donated back to the animal shelter of the shopper’s choice. ThePetangoStore.com offers a full range of discounted pet medications and pet supplies, including brand names such as Frontline, Advantage, Heartgard and K9 Advantix.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BC – (May 12, 2011) Clearlease Reports Pethealth Inc. (Toronto:PTZ.TO) started assisting on Thursday May 12, 2011 as images of lost pets and pleas for their safe recovery flood the Internet, Pethealth staff are working on the ground and online with the Tuscaloosa Metro Animal Shelter in Tuscaloosa, Alabama to support its rescue efforts and reconnect lost pets with their owners following the violent storms that wreaked havoc across the state and surrounding areas.
On the ground, Jorge Ortega, Emergency Responder and Regional Director, Shelter Outreach at Pethealth, has worked nonstop over the past three days to help Metro Shelter staff organize and generate electronic records for the over 340 stray animals that have entered its facilities since April 27, 2011. In addition to helping them keep track of the animals in their care, he and volunteers have diligently photographed stray pets to provide visual profiles for rescue workers and pet owners searching online.
“The number of animals in need here is overwhelming,” says Jorge Ortega. “When we’re not working on the administrative tasks of updating profiles and entering pets into the database, we’re scanning for microchips, cleaning kennels, facilitating visitors and offering comfort where we can.”
Stray pets currently in the care of Metro Shelter staff can now be viewed online at Petango.com on a dedicated page powered by PetPoint, a cloud-based animal management system developed by Pethealth that also drives a real time, live feed of adoptable pets from nearly 1,650 shelters to Petango.com. Through its integration with PetPoint, Petango is uniquely positioned to connect online users with animals in shelters and rescues across North America and in this case, with lost pets recovered from the wreckage left behind by the storms. As a hosted application, PetPoint also offers offsite data storage and wireless access, ensuring organizations like Metro Shelter can continue to manage their operations via portable devices when necessary and in times of crisis.
“After the tornado destroyed parts of Tuscaloosa, one of the first people to reach out to us was a member of Pethealth’s Shelter Outreach,” says Judy Hill, Director of Tuscaloosa Metro Animal Shelter. “As the devastation was being assessed and animals started pouring into Tuscaloosa Metro Animal Shelter, they were quick to respond with questions about our welfare and how they could help. It was so comforting to have that connection at a time when we were all so vulnerable. The fact that Jorge was able to join us here to help get us caught up on our intakes and lend an extra pair of hands where needed was phenomenal!”
In accordance with yesterday’s Advisory Board meeting for City and County officials, by end of this week Metro Shelter will begin transferring stray pets to locations both in and out of state where more room is available. As they prepare for this deadline, PetPoint will assist their ability to coordinate and track the movements of the animals in their system.
“As an organization largely operated by pet owners, our hearts go out to all the families and pets in Alabama and the surrounding areas that lost their homes,” says Susan Arts, Vice President of Marketing at Pethealth Inc. “Through our continued support both on the ground and online via Petango.com and our social media channels, we are committed to helping more pets find their families and assisting our partner shelters during this crisis.”
As of Tuesday morning, at least 85 lost pets had been reunited with their owners.
If you or someone you know has lost a pet in the Tuscaloosa Area please visit www.Petango.com for a complete listing of animals currently in custody at the Tuscaloosa Metro Animal Shelter.
About Petango.com and ThePetangoStore.com
Petango.com is the only adoptable search site that exclusively uses live animal data feeds from nearly 1,650 animal welfare organizations and offers a wide range of content-rich options for potential adopters, shelters and anyone who wants to learn more about pet adoption. It is the one-stop destination for anyone looking to adopt a pet from an animal welfare organization and participate in an interactive, social networking pet lovers’ community in North America. ThePetangoStore.com is the place to shop for pets and help save homeless pets with a percentage of every purchase donated back to the animal shelter of the shopper’s choice. ThePetangoStore.com offers a full range of discounted pet medications and pet supplies, including brand names such as Frontline, Advantage, Heartgard and K9 Advantix.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Dominion Lending Centres Clearlease Reports Petango (Toronto:PTZ.TO) Comes to Aid of Pets Lost in Tuscaloosa Tornado
VANCOUVER, BC – (May 12, 2011) Clearlease Reports Pethealth Inc. (Toronto:PTZ.TO) started assisting on Thursday May 12, 2011 as images of lost pets and pleas for their safe recovery flood the Internet, Pethealth staff are working on the ground and online with the Tuscaloosa Metro Animal Shelter in Tuscaloosa, Alabama to support its rescue efforts and reconnect lost pets with their owners following the violent storms that wreaked havoc across the state and surrounding areas.
On the ground, Jorge Ortega, Emergency Responder and Regional Director, Shelter Outreach at Pethealth, has worked nonstop over the past three days to help Metro Shelter staff organize and generate electronic records for the over 340 stray animals that have entered its facilities since April 27, 2011. In addition to helping them keep track of the animals in their care, he and volunteers have diligently photographed stray pets to provide visual profiles for rescue workers and pet owners searching online.
“The number of animals in need here is overwhelming,” says Jorge Ortega. “When we’re not working on the administrative tasks of updating profiles and entering pets into the database, we’re scanning for microchips, cleaning kennels, facilitating visitors and offering comfort where we can.”
Stray pets currently in the care of Metro Shelter staff can now be viewed online at Petango.com on a dedicated page powered by PetPoint, a cloud-based animal management system developed by Pethealth that also drives a real time, live feed of adoptable pets from nearly 1,650 shelters to Petango.com. Through its integration with PetPoint, Petango is uniquely positioned to connect online users with animals in shelters and rescues across North America and in this case, with lost pets recovered from the wreckage left behind by the storms. As a hosted application, PetPoint also offers offsite data storage and wireless access, ensuring organizations like Metro Shelter can continue to manage their operations via portable devices when necessary and in times of crisis.
“After the tornado destroyed parts of Tuscaloosa, one of the first people to reach out to us was a member of Pethealth’s Shelter Outreach,” says Judy Hill, Director of Tuscaloosa Metro Animal Shelter. “As the devastation was being assessed and animals started pouring into Tuscaloosa Metro Animal Shelter, they were quick to respond with questions about our welfare and how they could help. It was so comforting to have that connection at a time when we were all so vulnerable. The fact that Jorge was able to join us here to help get us caught up on our intakes and lend an extra pair of hands where needed was phenomenal!”
In accordance with yesterday’s Advisory Board meeting for City and County officials, by end of this week Metro Shelter will begin transferring stray pets to locations both in and out of state where more room is available. As they prepare for this deadline, PetPoint will assist their ability to coordinate and track the movements of the animals in their system.
“As an organization largely operated by pet owners, our hearts go out to all the families and pets in Alabama and the surrounding areas that lost their homes,” says Susan Arts, Vice President of Marketing at Pethealth Inc. “Through our continued support both on the ground and online via Petango.com and our social media channels, we are committed to helping more pets find their families and assisting our partner shelters during this crisis.”
As of Tuesday morning, at least 85 lost pets had been reunited with their owners.
If you or someone you know has lost a pet in the Tuscaloosa Area please visit www.Petango.com for a complete listing of animals currently in custody at the Tuscaloosa Metro Animal Shelter.
About Petango.com and ThePetangoStore.com
Petango.com is the only adoptable search site that exclusively uses live animal data feeds from nearly 1,650 animal welfare organizations and offers a wide range of content-rich options for potential adopters, shelters and anyone who wants to learn more about pet adoption. It is the one-stop destination for anyone looking to adopt a pet from an animal welfare organization and participate in an interactive, social networking pet lovers’ community in North America. ThePetangoStore.com is the place to shop for pets and help save homeless pets with a percentage of every purchase donated back to the animal shelter of the shopper’s choice. ThePetangoStore.com offers a full range of discounted pet medications and pet supplies, including brand names such as Frontline, Advantage, Heartgard and K9 Advantix.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Dominion Lending Centres Clearlease Reports Sirios Resources Inc. (TSXV:SOI.V) $2 million dollar Private Placement
VANCOUVER, BC – (May 12, 2011) Clearlease Reports Sirios Resources Inc. (TSXV:SOI.V) reports its intent to undertake a non-brokered private placement with accredited investors. This placement consists of 6,000,000 A units and 15,000,000 B units for gross proceeds totaling $2,040,000. The A unit price is $0.09 and each unit consists of one Common Share and one warrant. The B unit price is $0.10 and each unit consists of one Common Flow-Through Share and one quarter of a warrant. The B unit is available only in Canada, excluding the province of Quebec. Each warrant will entitle its holder thereof to subscribe for one Common Share at $0.14 per share for a period of 12 months after the closing date and at $0.18 during the following 12 months.
The proceeds of this placement will be used by Sirios for exploration activities on its main precious metals properties, as well as for general purposes.
Sirios can pay certain intermediaries a finder’s fee in cash, based on the subscriptions introduced by those intermediaries, of 8% of the total amount of subscriptions introduced as well as broker warrants entitling the purchase of that number of Common Shares equal to 8% of the Shares sold pursuant to the offering, at a price of $0.09 per Share.
There will be a hold period of 4 months on all securities issued under this financing. This private placement is subject to regulatory approval and filings.
GRANT OF INCENTIVE STOCK OPTIONS
The Board of Directors of Sirios has granted today 1,100,000 stock options under its Stock Option Incentive Plan to directors, officers and employees at an exercise price of $0.10 per share. The options expire five (5) years from the date of grant, are vested quarterly over an 18-month period and are subject to the required four month hold period following the grant.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BC – (May 12, 2011) Clearlease Reports Sirios Resources Inc. (TSXV:SOI.V) reports its intent to undertake a non-brokered private placement with accredited investors. This placement consists of 6,000,000 A units and 15,000,000 B units for gross proceeds totaling $2,040,000. The A unit price is $0.09 and each unit consists of one Common Share and one warrant. The B unit price is $0.10 and each unit consists of one Common Flow-Through Share and one quarter of a warrant. The B unit is available only in Canada, excluding the province of Quebec. Each warrant will entitle its holder thereof to subscribe for one Common Share at $0.14 per share for a period of 12 months after the closing date and at $0.18 during the following 12 months.
The proceeds of this placement will be used by Sirios for exploration activities on its main precious metals properties, as well as for general purposes.
Sirios can pay certain intermediaries a finder’s fee in cash, based on the subscriptions introduced by those intermediaries, of 8% of the total amount of subscriptions introduced as well as broker warrants entitling the purchase of that number of Common Shares equal to 8% of the Shares sold pursuant to the offering, at a price of $0.09 per Share.
There will be a hold period of 4 months on all securities issued under this financing. This private placement is subject to regulatory approval and filings.
GRANT OF INCENTIVE STOCK OPTIONS
The Board of Directors of Sirios has granted today 1,100,000 stock options under its Stock Option Incentive Plan to directors, officers and employees at an exercise price of $0.10 per share. The options expire five (5) years from the date of grant, are vested quarterly over an 18-month period and are subject to the required four month hold period following the grant.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Dominion Lending Centres Clearlease Reports Sirios Resources Inc. (TSXV:SOI.V) $2 million dollar Private Placement
VANCOUVER, BC – (May 12, 2011) Clearlease Reports Sirios Resources Inc. (TSXV:SOI.V) reports its intent to undertake a non-brokered private placement with accredited investors. This placement consists of 6,000,000 A units and 15,000,000 B units for gross proceeds totaling $2,040,000. The A unit price is $0.09 and each unit consists of one Common Share and one warrant. The B unit price is $0.10 and each unit consists of one Common Flow-Through Share and one quarter of a warrant. The B unit is available only in Canada, excluding the province of Quebec. Each warrant will entitle its holder thereof to subscribe for one Common Share at $0.14 per share for a period of 12 months after the closing date and at $0.18 during the following 12 months.
The proceeds of this placement will be used by Sirios for exploration activities on its main precious metals properties, as well as for general purposes.
Sirios can pay certain intermediaries a finder’s fee in cash, based on the subscriptions introduced by those intermediaries, of 8% of the total amount of subscriptions introduced as well as broker warrants entitling the purchase of that number of Common Shares equal to 8% of the Shares sold pursuant to the offering, at a price of $0.09 per Share.
There will be a hold period of 4 months on all securities issued under this financing. This private placement is subject to regulatory approval and filings.
GRANT OF INCENTIVE STOCK OPTIONS
The Board of Directors of Sirios has granted today 1,100,000 stock options under its Stock Option Incentive Plan to directors, officers and employees at an exercise price of $0.10 per share. The options expire five (5) years from the date of grant, are vested quarterly over an 18-month period and are subject to the required four month hold period following the grant.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Dominion Lending Centres Clearlease Reports Reports New Flyer Industries Inc. (TSX:NFI.UN) cuts Q1 loss
VANCOUVER, BC – (May 12, 2011) Clearlease Reports New Flyer Industries Inc. (TSX:NFI.UN), which keeps its books in U.S. dollars, said Thursday it lost US$6.4 million or 13 cents per share for the quarter ended April 3 compared with a loss of $13.9 million or 29 cents per share a year ago. Revenue totalled $214.3 million, down from $243 million.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BC – (May 12, 2011) Clearlease Reports New Flyer Industries Inc. (TSX:NFI.UN), which keeps its books in U.S. dollars, said Thursday it lost US$6.4 million or 13 cents per share for the quarter ended April 3 compared with a loss of $13.9 million or 29 cents per share a year ago. Revenue totalled $214.3 million, down from $243 million.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Dominion Lending Centres Clearlease Reports Reports New Flyer Industries Inc. (TSX:NFI.UN) cuts Q1 loss
VANCOUVER, BC – (May 12, 2011) Clearlease Reports New Flyer Industries Inc. (TSX:NFI.UN), which keeps its books in U.S. dollars, said Thursday it lost US$6.4 million or 13 cents per share for the quarter ended April 3 compared with a loss of $13.9 million or 29 cents per share a year ago. Revenue totalled $214.3 million, down from $243 million.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Dominion Lending Centres Clearlease Reports Toronto stock market turns positive as commodity prices shake off early losses
VANCOUVER, BC – (May 12, 2011) Clearlease Reports The Toronto stock market turned slightly higher Thursday afternoon as resource sectors turned higher in response to stabilizing commodity prices.
The S&P/TSX composite index gained 14.84 points to 13,434.58 after diving 155 points during the morning to below where the main index started the year. The improvement also followed a 222-point plunge Wednesday as worries about slowing economic conditions triggered further volatility on commodity markets.
The TSX Venture Exchange fell 14.07 points to 2,056.16.
The Canadian dollar was also well off early lows, down a fifth of a cent to 103.85 cents US as the U.S. dollar lost some strength.
The TSX was negative for most of the morning after prices for oil and metals fell further in response to another move by China to have most of its banks increase the amount of money they hold in reserves to curb inflation after higher than expected price increases in April.
The central bank’s order was the fifth reserve increase this year and came a day after the government reported April inflation was 5.3 per cent.
“The obvious impact is slower (Chinese) growth which means less growth in consumption of commodities and hence lower prices and lower share prices,” said Robert Gorman, chief portfolio strategist at TD Waterhouse.
“They’re being pretty aggressive here and actually that is a good thing for having more sustained growth going forward. But in the short term, things are taking a bit of a kicking.”
Commodity prices have been dropping for more than a week amid higher margin requirements and worries about weakening global economic conditions.
But prices moved off early, sharp declines as the American dollar lost some earlier strength.
The TSX energy sector was up 0.17 per cent as the June crude contract on the New York Mercantile Exchange gained $1.45 to US$99.66 a barrel. Oil had plunged as low as US$95.25 following a warning from the International Energy Agency that higher crude prices are hurting demand in the United States. It said that preliminary March data suggest near zero annual growth in global oil demand for the first time since the summer of 2009.
Suncor Energy (TSX:SU) fell 20 cents to C$39.11 while EnCana Corp. (TSX:ECA) gained 34 cents to $31.64.
Spreading unrest across the Middle East helped send oil prices jumping from the US$85 level in mid-February to a recent high of about US$115 a barrel April 29 which, in turn, sent gasoline prices much higher.
The IEA said that “US$4-a-gallon gasoline is likely to yield an anaemic U.S. driving season.”
“This is the main change to our demand forecast — a weaker 2011 profile in North America,” it added.
On Wednesday, crude fell over US$5 after the U.S. Energy Information Administration shocked investors with the news that U.S. gasoline demand dropped 2.4 per cent last week, the largest drop in seven consecutive weeks of declines, and that oil supplies grew by 3.8 million barrels, more than twice as much as analysts expected.
Copper prices also recovered from early losses sparked by concerns about repeated moves to slow the Chinese economy and the July contract on the Nymex was up seven cents at US$3.99 a pound after tumbling 13 cents Wednesday. China is the world’s biggest consumer of copper.
The TSX base metals sector rose 0.64 per cent with Teck Resources (TSX:TCK.B) ahead 57 cents to $46.07 while Sherritt International (TSX:S) improved by 38 cents to $7.44.
Gold stocks also turned positive as bullion prices climbed $5.10 to US$1,506.50 an ounce. Goldcorp Inc. (TSX:G) rose 36 cents to $46.41 while Barrick Gold Corp. (TSX:ABX) added 25 cents to C$44.07.
Iamgold Corp. (TSX:IMG) had a first-quarter profit of US$162.3 million, up from $60.2 million a year ago, helped by increased production and higher gold prices and its shares were down 39 cents at $18.20.
Corporate earnings also helped support the TSX after BCE Inc. said its first-quarter profits tumbled 28.7 per cent to $503 million from the same time a year ago when it booked gains from selling its stake in satellite services company SkyTerra Communications Inc. On an adjusted basis, earnings were equal to 72 cents per share, three cents higher than analyst predictions. Its shares gained 92 cents to $37.86.
The tech sector was the biggest decliner mid-afternoon with Research In Motion Ltd. (TSX:RIM) down 36 cents to $42.12.
New York markets also turned higher with the Dow Jones industrial average up 83.41 points at 12,713.44.
The Nasdaq composite index gained 19.9 points to 2,864.96 while the S&P 500 index advanced 8.62 points to 1,350.7.
In other earnings news, coffee and donut chain Tim Hortons Inc. (TSX:THI) said an improvement in same-store sales help boost profits more than two per cent in the first quarter to $80.7 million. Revenues were $643.5 million, up from $582.6 million as same-store sales increased two per cent. Tim Hortons shares lost $2.50 to $45.37.
Canadian Tire Corp. (TSX:CTC.A) shares rose $1.03 to $62.84 as the retailer reported first-quarter profit rose 13.3 per cent to $58.4 million despite an unseasonable early spring. Retail sales were up 3.7 per cent.
Gammon Gold Inc. (TSX:GAM) shares gained 23 cents to $9.26 as it said its first-quarter profits rose to $23.6 million as its gold sales strengthened.
Investment firm and asset manager Onex Corp. (TSX:OCX) reported Wednesday that it booked a US$204-million net loss in the first quarter of 2011, or $2.53 per share, compared to a year-earlier loss of $8 million or 89 cents per share. Onex shares added 83 cents to C$37.40.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BC – (May 12, 2011) Clearlease Reports The Toronto stock market turned slightly higher Thursday afternoon as resource sectors turned higher in response to stabilizing commodity prices.
The S&P/TSX composite index gained 14.84 points to 13,434.58 after diving 155 points during the morning to below where the main index started the year. The improvement also followed a 222-point plunge Wednesday as worries about slowing economic conditions triggered further volatility on commodity markets.
The TSX Venture Exchange fell 14.07 points to 2,056.16.
The Canadian dollar was also well off early lows, down a fifth of a cent to 103.85 cents US as the U.S. dollar lost some strength.
The TSX was negative for most of the morning after prices for oil and metals fell further in response to another move by China to have most of its banks increase the amount of money they hold in reserves to curb inflation after higher than expected price increases in April.
The central bank’s order was the fifth reserve increase this year and came a day after the government reported April inflation was 5.3 per cent.
“The obvious impact is slower (Chinese) growth which means less growth in consumption of commodities and hence lower prices and lower share prices,” said Robert Gorman, chief portfolio strategist at TD Waterhouse.
“They’re being pretty aggressive here and actually that is a good thing for having more sustained growth going forward. But in the short term, things are taking a bit of a kicking.”
Commodity prices have been dropping for more than a week amid higher margin requirements and worries about weakening global economic conditions.
But prices moved off early, sharp declines as the American dollar lost some earlier strength.
The TSX energy sector was up 0.17 per cent as the June crude contract on the New York Mercantile Exchange gained $1.45 to US$99.66 a barrel. Oil had plunged as low as US$95.25 following a warning from the International Energy Agency that higher crude prices are hurting demand in the United States. It said that preliminary March data suggest near zero annual growth in global oil demand for the first time since the summer of 2009.
Suncor Energy (TSX:SU) fell 20 cents to C$39.11 while EnCana Corp. (TSX:ECA) gained 34 cents to $31.64.
Spreading unrest across the Middle East helped send oil prices jumping from the US$85 level in mid-February to a recent high of about US$115 a barrel April 29 which, in turn, sent gasoline prices much higher.
The IEA said that “US$4-a-gallon gasoline is likely to yield an anaemic U.S. driving season.”
“This is the main change to our demand forecast — a weaker 2011 profile in North America,” it added.
On Wednesday, crude fell over US$5 after the U.S. Energy Information Administration shocked investors with the news that U.S. gasoline demand dropped 2.4 per cent last week, the largest drop in seven consecutive weeks of declines, and that oil supplies grew by 3.8 million barrels, more than twice as much as analysts expected.
Copper prices also recovered from early losses sparked by concerns about repeated moves to slow the Chinese economy and the July contract on the Nymex was up seven cents at US$3.99 a pound after tumbling 13 cents Wednesday. China is the world’s biggest consumer of copper.
The TSX base metals sector rose 0.64 per cent with Teck Resources (TSX:TCK.B) ahead 57 cents to $46.07 while Sherritt International (TSX:S) improved by 38 cents to $7.44.
Gold stocks also turned positive as bullion prices climbed $5.10 to US$1,506.50 an ounce. Goldcorp Inc. (TSX:G) rose 36 cents to $46.41 while Barrick Gold Corp. (TSX:ABX) added 25 cents to C$44.07.
Iamgold Corp. (TSX:IMG) had a first-quarter profit of US$162.3 million, up from $60.2 million a year ago, helped by increased production and higher gold prices and its shares were down 39 cents at $18.20.
Corporate earnings also helped support the TSX after BCE Inc. said its first-quarter profits tumbled 28.7 per cent to $503 million from the same time a year ago when it booked gains from selling its stake in satellite services company SkyTerra Communications Inc. On an adjusted basis, earnings were equal to 72 cents per share, three cents higher than analyst predictions. Its shares gained 92 cents to $37.86.
The tech sector was the biggest decliner mid-afternoon with Research In Motion Ltd. (TSX:RIM) down 36 cents to $42.12.
New York markets also turned higher with the Dow Jones industrial average up 83.41 points at 12,713.44.
The Nasdaq composite index gained 19.9 points to 2,864.96 while the S&P 500 index advanced 8.62 points to 1,350.7.
In other earnings news, coffee and donut chain Tim Hortons Inc. (TSX:THI) said an improvement in same-store sales help boost profits more than two per cent in the first quarter to $80.7 million. Revenues were $643.5 million, up from $582.6 million as same-store sales increased two per cent. Tim Hortons shares lost $2.50 to $45.37.
Canadian Tire Corp. (TSX:CTC.A) shares rose $1.03 to $62.84 as the retailer reported first-quarter profit rose 13.3 per cent to $58.4 million despite an unseasonable early spring. Retail sales were up 3.7 per cent.
Gammon Gold Inc. (TSX:GAM) shares gained 23 cents to $9.26 as it said its first-quarter profits rose to $23.6 million as its gold sales strengthened.
Investment firm and asset manager Onex Corp. (TSX:OCX) reported Wednesday that it booked a US$204-million net loss in the first quarter of 2011, or $2.53 per share, compared to a year-earlier loss of $8 million or 89 cents per share. Onex shares added 83 cents to C$37.40.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Dominion Lending Centres Clearlease Reports Toronto stock market turns positive as commodity prices shake off early losses
VANCOUVER, BC – (May 12, 2011) Clearlease Reports The Toronto stock market turned slightly higher Thursday afternoon as resource sectors turned higher in response to stabilizing commodity prices.
The S&P/TSX composite index gained 14.84 points to 13,434.58 after diving 155 points during the morning to below where the main index started the year. The improvement also followed a 222-point plunge Wednesday as worries about slowing economic conditions triggered further volatility on commodity markets.
The TSX Venture Exchange fell 14.07 points to 2,056.16.
The Canadian dollar was also well off early lows, down a fifth of a cent to 103.85 cents US as the U.S. dollar lost some strength.
The TSX was negative for most of the morning after prices for oil and metals fell further in response to another move by China to have most of its banks increase the amount of money they hold in reserves to curb inflation after higher than expected price increases in April.
The central bank’s order was the fifth reserve increase this year and came a day after the government reported April inflation was 5.3 per cent.
“The obvious impact is slower (Chinese) growth which means less growth in consumption of commodities and hence lower prices and lower share prices,” said Robert Gorman, chief portfolio strategist at TD Waterhouse.
“They’re being pretty aggressive here and actually that is a good thing for having more sustained growth going forward. But in the short term, things are taking a bit of a kicking.”
Commodity prices have been dropping for more than a week amid higher margin requirements and worries about weakening global economic conditions.
But prices moved off early, sharp declines as the American dollar lost some earlier strength.
The TSX energy sector was up 0.17 per cent as the June crude contract on the New York Mercantile Exchange gained $1.45 to US$99.66 a barrel. Oil had plunged as low as US$95.25 following a warning from the International Energy Agency that higher crude prices are hurting demand in the United States. It said that preliminary March data suggest near zero annual growth in global oil demand for the first time since the summer of 2009.
Suncor Energy (TSX:SU) fell 20 cents to C$39.11 while EnCana Corp. (TSX:ECA) gained 34 cents to $31.64.
Spreading unrest across the Middle East helped send oil prices jumping from the US$85 level in mid-February to a recent high of about US$115 a barrel April 29 which, in turn, sent gasoline prices much higher.
The IEA said that “US$4-a-gallon gasoline is likely to yield an anaemic U.S. driving season.”
“This is the main change to our demand forecast — a weaker 2011 profile in North America,” it added.
On Wednesday, crude fell over US$5 after the U.S. Energy Information Administration shocked investors with the news that U.S. gasoline demand dropped 2.4 per cent last week, the largest drop in seven consecutive weeks of declines, and that oil supplies grew by 3.8 million barrels, more than twice as much as analysts expected.
Copper prices also recovered from early losses sparked by concerns about repeated moves to slow the Chinese economy and the July contract on the Nymex was up seven cents at US$3.99 a pound after tumbling 13 cents Wednesday. China is the world’s biggest consumer of copper.
The TSX base metals sector rose 0.64 per cent with Teck Resources (TSX:TCK.B) ahead 57 cents to $46.07 while Sherritt International (TSX:S) improved by 38 cents to $7.44.
Gold stocks also turned positive as bullion prices climbed $5.10 to US$1,506.50 an ounce. Goldcorp Inc. (TSX:G) rose 36 cents to $46.41 while Barrick Gold Corp. (TSX:ABX) added 25 cents to C$44.07.
Iamgold Corp. (TSX:IMG) had a first-quarter profit of US$162.3 million, up from $60.2 million a year ago, helped by increased production and higher gold prices and its shares were down 39 cents at $18.20.
Corporate earnings also helped support the TSX after BCE Inc. said its first-quarter profits tumbled 28.7 per cent to $503 million from the same time a year ago when it booked gains from selling its stake in satellite services company SkyTerra Communications Inc. On an adjusted basis, earnings were equal to 72 cents per share, three cents higher than analyst predictions. Its shares gained 92 cents to $37.86.
The tech sector was the biggest decliner mid-afternoon with Research In Motion Ltd. (TSX:RIM) down 36 cents to $42.12.
New York markets also turned higher with the Dow Jones industrial average up 83.41 points at 12,713.44.
The Nasdaq composite index gained 19.9 points to 2,864.96 while the S&P 500 index advanced 8.62 points to 1,350.7.
In other earnings news, coffee and donut chain Tim Hortons Inc. (TSX:THI) said an improvement in same-store sales help boost profits more than two per cent in the first quarter to $80.7 million. Revenues were $643.5 million, up from $582.6 million as same-store sales increased two per cent. Tim Hortons shares lost $2.50 to $45.37.
Canadian Tire Corp. (TSX:CTC.A) shares rose $1.03 to $62.84 as the retailer reported first-quarter profit rose 13.3 per cent to $58.4 million despite an unseasonable early spring. Retail sales were up 3.7 per cent.
Gammon Gold Inc. (TSX:GAM) shares gained 23 cents to $9.26 as it said its first-quarter profits rose to $23.6 million as its gold sales strengthened.
Investment firm and asset manager Onex Corp. (TSX:OCX) reported Wednesday that it booked a US$204-million net loss in the first quarter of 2011, or $2.53 per share, compared to a year-earlier loss of $8 million or 89 cents per share. Onex shares added 83 cents to C$37.40.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Dominion Lending Centres Clearlease Reports Canadian Tire (TSX:CTC.A) Rona (TSX:RON) The Brick (TSX:BRK) and Leon’s (TSX:LNF)
VANCOUVER, BC – (May 12, 2011) Clearlease Reports Canadian Tire Corp. (TSX:CTC.A) will start selling large appliances and will install interactive autoparts kiosks as it continues to sell a more diverse range of products in an increasingly competitive retail market.
The company, which reported a 13.3 per cent jump in first quarter profits Thursday, said it wants to sell large appliances such as stoves or dishwashers by the end of next year as it beefs up the product assortment at its living aisles— which include kitchens, storage, home decor, and cleaning.
Canadian Tire has tested large appliances in some stores and receives feedback from thousands of customers who answer surveys printed on store receipts.
“The test has proven to be very successful,” Mike Arnett, the company’s president of retail said after the company’s annual shareholder meeting Thursday.
“I think it adds to our credibility and it also leverages the strength and credibility that we already have in the smaller kitchen appliances where we have market leadership, so it’s not that big a stretch.”
The move will put Canadian Tire in competition with retailers such as home-improvement retailers Home Depot, Lowes, and Rona (TSX:RON), The Bay and Sears department stores and furniture stores owned by The Brick (TSX:BRK) and Leon’s (TSX:LNF).
Selling appliances is just one of the ways Canadian Tire is diversifying its product offerings. Earlier this week, it made a $771 million bid to buy the Forzani Group (TSX:FGL), which runs 500 Sport Chek, Athletes World, and other sportswear and equipment stores in malls across the country.
The company said it wants Forzani to gain access to mall-based, urban and younger shoppers who go to those stores for clothing and sports equipment.
Canadian Tire has also been testing new store layouts that highlight its automotive section, and plans to roll out the model to all its stores by the end of the year. It has already trained 4,000 employees to become experts in tire sales, and plans to introduce interactive store kiosks that allow customers to type in their car model and see which tires are right for them.
Customers will also be able to purchase tires online and have them waiting at the store when they arrive.
The company is diversifying its product offering at the same time that the Canadian retail landscape grows more competitive as American retailers expand in Canada.
Experts have said American chains are looking to Canada because they can’t grow further in the U.S., and want to try out international expansion without the risks of heading to very different markets like Europe or Asia.
With Canadian consumer confidence expected to boom once again in 2012, U.S. retailers are looking north now to prepare for when Canadians are ready to open their wallets.
They include general merchandiser Target, which will open up Canadian shops in 2013, and Walmart, which is spending $500 million this year to open 40 more Canadian stores that combine general merchandise and groceries. Several U.S. clothing retailers like Marshalls and Victoria’s Secret have launched their first Canadian locations in the last few months.
Canadian Tire saw first-quarter profits rise 13.3 per cent to $58.4 million in what the automotive, outdoor gear, home improvement and sporting goods retailer described as a somewhat disappointing period, thanks to inclement weather.
The Toronto-based company said its earnings amounted to 71 cents per share, up from $51.6 million or 63 cents per share in the same period a year earlier. Analysts polled by Thomson Reuters had predicted average earnings per share of 72 cents.
Canadian Tire said its retail sales were up 3.7 per cent, and consolidated revenues grew 4.6 per cent, adding it was happy with revenues in its automotive, apparel, and financial services divisions which met expectations.
It said unseasonably cold weather in March and continuing into April reduced customer traffic and sales in seasonal products.
The retailer has undergone major overhaul both in its executive suite and as the result of shifting its separate units under one corporate umbrella to eliminate duplicate costs.
That overhaul came just months after the company announced it was refocusing on its core automotive and retail businesses instead of other divisions like financial services and clothing sales at Mark’s Work Wearhouse.
Part of that strategy was to update its store design, transforming layouts into “smart stores” — which direct customers more easily and highlight the automotive division.
Canadian Tire’s automotive sales had previously been hit by weaker consumer demand, more competition and a deteriorating reputation in a business that once built the brand.
It has also announced “Work Wearhouse” will be dropped from the Mark’s brand as the store sells more casual clothing and steers away from its historical industrial clothing focus.
Canadian Tire employs more than 58,000 people with 485 stores across the country.
Shares in Canadian Tire were up $1.05 to $62.36 in midday trading on the Toronto Stock Exchange.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BC – (May 12, 2011) Clearlease Reports Canadian Tire Corp. (TSX:CTC.A) will start selling large appliances and will install interactive autoparts kiosks as it continues to sell a more diverse range of products in an increasingly competitive retail market.
The company, which reported a 13.3 per cent jump in first quarter profits Thursday, said it wants to sell large appliances such as stoves or dishwashers by the end of next year as it beefs up the product assortment at its living aisles— which include kitchens, storage, home decor, and cleaning.
Canadian Tire has tested large appliances in some stores and receives feedback from thousands of customers who answer surveys printed on store receipts.
“The test has proven to be very successful,” Mike Arnett, the company’s president of retail said after the company’s annual shareholder meeting Thursday.
“I think it adds to our credibility and it also leverages the strength and credibility that we already have in the smaller kitchen appliances where we have market leadership, so it’s not that big a stretch.”
The move will put Canadian Tire in competition with retailers such as home-improvement retailers Home Depot, Lowes, and Rona (TSX:RON), The Bay and Sears department stores and furniture stores owned by The Brick (TSX:BRK) and Leon’s (TSX:LNF).
Selling appliances is just one of the ways Canadian Tire is diversifying its product offerings. Earlier this week, it made a $771 million bid to buy the Forzani Group (TSX:FGL), which runs 500 Sport Chek, Athletes World, and other sportswear and equipment stores in malls across the country.
The company said it wants Forzani to gain access to mall-based, urban and younger shoppers who go to those stores for clothing and sports equipment.
Canadian Tire has also been testing new store layouts that highlight its automotive section, and plans to roll out the model to all its stores by the end of the year. It has already trained 4,000 employees to become experts in tire sales, and plans to introduce interactive store kiosks that allow customers to type in their car model and see which tires are right for them.
Customers will also be able to purchase tires online and have them waiting at the store when they arrive.
The company is diversifying its product offering at the same time that the Canadian retail landscape grows more competitive as American retailers expand in Canada.
Experts have said American chains are looking to Canada because they can’t grow further in the U.S., and want to try out international expansion without the risks of heading to very different markets like Europe or Asia.
With Canadian consumer confidence expected to boom once again in 2012, U.S. retailers are looking north now to prepare for when Canadians are ready to open their wallets.
They include general merchandiser Target, which will open up Canadian shops in 2013, and Walmart, which is spending $500 million this year to open 40 more Canadian stores that combine general merchandise and groceries. Several U.S. clothing retailers like Marshalls and Victoria’s Secret have launched their first Canadian locations in the last few months.
Canadian Tire saw first-quarter profits rise 13.3 per cent to $58.4 million in what the automotive, outdoor gear, home improvement and sporting goods retailer described as a somewhat disappointing period, thanks to inclement weather.
The Toronto-based company said its earnings amounted to 71 cents per share, up from $51.6 million or 63 cents per share in the same period a year earlier. Analysts polled by Thomson Reuters had predicted average earnings per share of 72 cents.
Canadian Tire said its retail sales were up 3.7 per cent, and consolidated revenues grew 4.6 per cent, adding it was happy with revenues in its automotive, apparel, and financial services divisions which met expectations.
It said unseasonably cold weather in March and continuing into April reduced customer traffic and sales in seasonal products.
The retailer has undergone major overhaul both in its executive suite and as the result of shifting its separate units under one corporate umbrella to eliminate duplicate costs.
That overhaul came just months after the company announced it was refocusing on its core automotive and retail businesses instead of other divisions like financial services and clothing sales at Mark’s Work Wearhouse.
Part of that strategy was to update its store design, transforming layouts into “smart stores” — which direct customers more easily and highlight the automotive division.
Canadian Tire’s automotive sales had previously been hit by weaker consumer demand, more competition and a deteriorating reputation in a business that once built the brand.
It has also announced “Work Wearhouse” will be dropped from the Mark’s brand as the store sells more casual clothing and steers away from its historical industrial clothing focus.
Canadian Tire employs more than 58,000 people with 485 stores across the country.
Shares in Canadian Tire were up $1.05 to $62.36 in midday trading on the Toronto Stock Exchange.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Dominion Lending Centres Clearlease Reports Canadian Tire (TSX:CTC.A) Rona (TSX:RON) The Brick (TSX:BRK) and Leon’s (TSX:LNF)
VANCOUVER, BC – (May 12, 2011) Clearlease Reports Canadian Tire Corp. (TSX:CTC.A) will start selling large appliances and will install interactive autoparts kiosks as it continues to sell a more diverse range of products in an increasingly competitive retail market.
The company, which reported a 13.3 per cent jump in first quarter profits Thursday, said it wants to sell large appliances such as stoves or dishwashers by the end of next year as it beefs up the product assortment at its living aisles— which include kitchens, storage, home decor, and cleaning.
Canadian Tire has tested large appliances in some stores and receives feedback from thousands of customers who answer surveys printed on store receipts.
“The test has proven to be very successful,” Mike Arnett, the company’s president of retail said after the company’s annual shareholder meeting Thursday.
“I think it adds to our credibility and it also leverages the strength and credibility that we already have in the smaller kitchen appliances where we have market leadership, so it’s not that big a stretch.”
The move will put Canadian Tire in competition with retailers such as home-improvement retailers Home Depot, Lowes, and Rona (TSX:RON), The Bay and Sears department stores and furniture stores owned by The Brick (TSX:BRK) and Leon’s (TSX:LNF).
Selling appliances is just one of the ways Canadian Tire is diversifying its product offerings. Earlier this week, it made a $771 million bid to buy the Forzani Group (TSX:FGL), which runs 500 Sport Chek, Athletes World, and other sportswear and equipment stores in malls across the country.
The company said it wants Forzani to gain access to mall-based, urban and younger shoppers who go to those stores for clothing and sports equipment.
Canadian Tire has also been testing new store layouts that highlight its automotive section, and plans to roll out the model to all its stores by the end of the year. It has already trained 4,000 employees to become experts in tire sales, and plans to introduce interactive store kiosks that allow customers to type in their car model and see which tires are right for them.
Customers will also be able to purchase tires online and have them waiting at the store when they arrive.
The company is diversifying its product offering at the same time that the Canadian retail landscape grows more competitive as American retailers expand in Canada.
Experts have said American chains are looking to Canada because they can’t grow further in the U.S., and want to try out international expansion without the risks of heading to very different markets like Europe or Asia.
With Canadian consumer confidence expected to boom once again in 2012, U.S. retailers are looking north now to prepare for when Canadians are ready to open their wallets.
They include general merchandiser Target, which will open up Canadian shops in 2013, and Walmart, which is spending $500 million this year to open 40 more Canadian stores that combine general merchandise and groceries. Several U.S. clothing retailers like Marshalls and Victoria’s Secret have launched their first Canadian locations in the last few months.
Canadian Tire saw first-quarter profits rise 13.3 per cent to $58.4 million in what the automotive, outdoor gear, home improvement and sporting goods retailer described as a somewhat disappointing period, thanks to inclement weather.
The Toronto-based company said its earnings amounted to 71 cents per share, up from $51.6 million or 63 cents per share in the same period a year earlier. Analysts polled by Thomson Reuters had predicted average earnings per share of 72 cents.
Canadian Tire said its retail sales were up 3.7 per cent, and consolidated revenues grew 4.6 per cent, adding it was happy with revenues in its automotive, apparel, and financial services divisions which met expectations.
It said unseasonably cold weather in March and continuing into April reduced customer traffic and sales in seasonal products.
The retailer has undergone major overhaul both in its executive suite and as the result of shifting its separate units under one corporate umbrella to eliminate duplicate costs.
That overhaul came just months after the company announced it was refocusing on its core automotive and retail businesses instead of other divisions like financial services and clothing sales at Mark’s Work Wearhouse.
Part of that strategy was to update its store design, transforming layouts into “smart stores” — which direct customers more easily and highlight the automotive division.
Canadian Tire’s automotive sales had previously been hit by weaker consumer demand, more competition and a deteriorating reputation in a business that once built the brand.
It has also announced “Work Wearhouse” will be dropped from the Mark’s brand as the store sells more casual clothing and steers away from its historical industrial clothing focus.
Canadian Tire employs more than 58,000 people with 485 stores across the country.
Shares in Canadian Tire were up $1.05 to $62.36 in midday trading on the Toronto Stock Exchange.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BC – (May 12, 2011) Clearlease Reports Northern Freegold Resources Ltd. (TSXV:NFR.V)(Other OTC:NFRGF.PK) announced May 12, 2011 that it intends to complete a non-brokered private placement of up to 22,857,142 units at a price of $0.35 per unit, for gross proceeds of up to $8 million. Each unit will consist of a common share and a share purchase warrant, each warrant being exercisable to acquire an additional share at $0.45 for 18 months following the closing.
Net proceeds from the private placement will be applied towards advancement of the Company’s Yukon mineral properties and for general working capital purposes.
The company will pay commissions and finders fees of 7% in cash and 7% in finder warrants in connection with the financing. The finder warrants will have the same terms as the warrants forming part of the units.
If requested by finders, the company may accept subscriptions of up to an additional 25% of the offering, for additional gross proceeds of up to $2 million. The additional offering would involve the issuance of up to 5,714,285 additional units.
Northern Freegold is a Canadian-based precious metals exploration and development company that brings local expertise and strong management to focus on the development of economic mineral resources on the district-scale Freegold Mountain gold and copper project in the Yukon and the Burro Creek gold and silver property in Arizona.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. The securities have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BC – (May 12, 2011) Clearlease Reports Northern Freegold Resources Ltd. (TSXV:NFR.V)(Other OTC:NFRGF.PK) announced May 12, 2011 that it intends to complete a non-brokered private placement of up to 22,857,142 units at a price of $0.35 per unit, for gross proceeds of up to $8 million. Each unit will consist of a common share and a share purchase warrant, each warrant being exercisable to acquire an additional share at $0.45 for 18 months following the closing.
Net proceeds from the private placement will be applied towards advancement of the Company’s Yukon mineral properties and for general working capital purposes.
The company will pay commissions and finders fees of 7% in cash and 7% in finder warrants in connection with the financing. The finder warrants will have the same terms as the warrants forming part of the units.
If requested by finders, the company may accept subscriptions of up to an additional 25% of the offering, for additional gross proceeds of up to $2 million. The additional offering would involve the issuance of up to 5,714,285 additional units.
Northern Freegold is a Canadian-based precious metals exploration and development company that brings local expertise and strong management to focus on the development of economic mineral resources on the district-scale Freegold Mountain gold and copper project in the Yukon and the Burro Creek gold and silver property in Arizona.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. The securities have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BC – (May 12, 2011) Clearlease Reports Northern Freegold Resources Ltd. (TSXV:NFR.V)(Other OTC:NFRGF.PK) announced May 12, 2011 that it intends to complete a non-brokered private placement of up to 22,857,142 units at a price of $0.35 per unit, for gross proceeds of up to $8 million. Each unit will consist of a common share and a share purchase warrant, each warrant being exercisable to acquire an additional share at $0.45 for 18 months following the closing.
Net proceeds from the private placement will be applied towards advancement of the Company’s Yukon mineral properties and for general working capital purposes.
The company will pay commissions and finders fees of 7% in cash and 7% in finder warrants in connection with the financing. The finder warrants will have the same terms as the warrants forming part of the units.
If requested by finders, the company may accept subscriptions of up to an additional 25% of the offering, for additional gross proceeds of up to $2 million. The additional offering would involve the issuance of up to 5,714,285 additional units.
Northern Freegold is a Canadian-based precious metals exploration and development company that brings local expertise and strong management to focus on the development of economic mineral resources on the district-scale Freegold Mountain gold and copper project in the Yukon and the Burro Creek gold and silver property in Arizona.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. The securities have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
