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Vancouver gold company aims to raise $100 million to finance resource acquisitions

Vancouver's Gold Wheaton Gold Corp. (TSX-V:GLW) plans to raise $100 million in debt financing to acquire additional gold streams from other mining companies. Sprott Asset Management Inc.

Car sales rolling downhill the fastest in Western Canada, Scotiabank report says

Auto dealers in Western Canada have been hurt more than their counterparts elsewhere in the country, according to a Scotia Economics global auto sales report. Auto sales in B.C.

Specialty food manufacturer and distributor reports record revenue

Premium Brands Income Fund (TSX:PBI.UN), which manufacturers and distributes specialty food products in Western Canada, reported record annual revenue for its year ending December 31, 2008. Annual revenue for the Vancouver company jumped 37.

VANOC quarterly financial report delivers positive numbers

VANOC is flush with cash. Despite the economic downturn, VANOC CFO John McLaughlin revealed March 25, "we're in a positive cash position." But that doesn't mean the Olympic organizing body will throw fiscal prudence out the door, McLaughlin said.

Oil and gas land rights sales set fiscal year record in B.C.

B.C. oil and gas land rights sales totalled $2.4 billion in fiscal 2008-09, more than double last year's record-setting total of $1.2 billion and broke every tracked record for oil and gas land rights sales in the province.

Vancouver mining exploration firm finalizes merger with Toronto's Central Sun

Vancouver's B2Gold Corp. (TSX:BTO) has closed its merger with Toronto's Central Sun Mining Inc. (TSX:CSM) in an all-share deal worth roughly $66.8 million. Under the agreement, Central Sun shareholders received 1.

Burnaby ice rink operator reports record earnings for 2008

The recession didn't freeze growth last year for Burnaby-based ice rink operator Canlan Ice Sports Corp. (TSX:ICE). The company, which operates ice rink surfaces at 22 facilities in Canada and the U.S.

Vancouver uranium exploration firms to merge in $2.4 million deal

Shareholders of Vancouver's Target Exploration and Mining Corp. (TSX-V:TEM) have voted overwhelmingly to merge with Vancouver's Crosshair Exploration & Mining Corp. (TSX:CXX) in an all-share deal worth roughly $2.4 million.

Commodity prices fall in February, but Scotiabank predicts they will rise in March

Commodity prices retreated in February from gains made in January, but they're expected to rise in March, according to Scotiabank. The bank's commodity price index, which measures price trends in 32 of Canada's major exports, fell 3.

Glacier Media Inc. posts strong 2008 financial numbers in face of worsening economy

Organic growth and strategic acquisitions in 2008 helped boost Vancouver-based Glacier Media Inc.'s (TSX:GVC) annual revenue by 15% for the year ending December 31, 2008. Annual revenue rose to $249.1 million from $216.