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Vancouver's Anthem Properties has been selected by Molsons to develop the site of the beer maker's Edmonton brewery. Molsons closed its Edmonton brewery in August 2007, laying off 136 workers.

Despite a downturn in global markets and fears of a worsening economy, finding and recruiting skilled staff is still the main challenge facing companies in B.C and Alberta, according to a new survey.

Vancouver's Uranium One Inc. (TSX:UUU) has decided to shut down work on its Dominion Uranium Project located 150 kilometres southwest of Johannesburg, South Africa.

Potash One Inc. (TSX:KCL) has raised $10 million in a non-brokered private placement of flow-through shares. The Vancouver company issued eight million shares at $1.25 per share and paid a 5% finders fee in cash and 5% in warrants.

Vancouver's Lignol Energy Corp. (TSX-V:LEC) has signed an agreement with Suncor Energy to develop a commercial demonstration ethanol facility in Grand Junction, Colorado. Suncor has agreed to help Lignol with preliminary development of the project.

Premier Gordon Campbell has announced plans to create an economic advisory council to help explore ways to keep B.C.'s economy strong as the world stumbles into a recession. The new council will consist of top Canadian CEOs, academics and economists.

A Chinese firm is making an initial $13 million investment in Vancouver's Buffalo Gold Ltd. (TSX-V:BUF) to help finance the mining junior's Mount Kare project in Papua, New Guinea.

A new survey by Fund Votes, which tracks mutual fund proxy voting in North America, has found that mutual funds are increasingly supporting resolutions to control executive spending.

Vancouver's NEMI Northern Energy and Mining (TSX:NNE) plans to merge with Australia's Aviva Corp. to create a new coal and energy company.

Silvercorp Metals Inc. (TSX:SVM) is increasing the number of shares it plans to repurchase to boost its share price. The Vancouver company is increasing its normal course issuer bid to acquire approximately 7.