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Despite a 25% increase in revenue, Imperial Metals Corp. (TSX:III) has reported a net income of $22.7 million for 2007 compared with $82 million in fiscal 2006. As a result of the 72% drop in net income, Imperial's net income per share fell to $0.

NovaGold Resources Inc. (TSX:NG)(AMEX:NG) hopes to raise $95 million in a public offering to investors via its convertible senior notes. The Vancouver-based gold and copper mining company said investors could earn 5.

Norsat International (TSX:NII) has reported 2007 net earnings of $1.5 million, or $0.03 per share, compared with a net loss of $4.4 million, or $0.09 per share, in 2006.

Glacier Ventures International Corp. (TSX:GVC) has reported that its net income more than doubled in 2007 compared with 2006: $30.6 million versus $13 million.

Lundin Mining Corp. (TSX:LUN) reported a 2007 fourth-quarter loss of $437 million, despite a 7% increase in sales revenue compared with the same period in 2006.

California's Southern Counties Express Inc. (SCE) has agreed to buy 50 of Westport Innovations Inc.'s (TSX:WPT) Kenworth LNG T800 Class 8 trucks.

MacDonald, Dettwiler and Associates Ltd. (TSX:MDA) has partnered with defence electronics giant General Dynamics Canada to bid on the Canadian navy's $1.1 billion Halifax Class modernization program.

Vancouver's CounterPath Solutions Inc. has reported a 35% increase in its annual revenue for the year ending January 31, 2008. Annual revenue for the voice over Internet protocol (VoIP) provider rose to US$4.5 million from US$3.3 million last year.

Vancity plans to use funds from its shared growth term deposits to help local entrepreneurs who are looking for micro-credit loans.

Angiotech Pharmaceuticals (Nasdaq:ANPI; TSX:ANP) has entered into a licensing agreement to market and distribute an arterial implant that prevents pulmonary embolism, a potentially fatal vein blockage that limits the amount of oxygen entering the lun