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Goldcorp sinks US$200 million into Ontario mine properties

Goldcorp Inc. (TSX:G) has acquired the remaining stake in two Ontario gold mines from Kinross Gold for US$200 million and a 50% stake in Goldcorp's La Coipa silver-gold mine in Chile.

Clearly Canadian raises $9.4 million to expand its snack product line

Vancouver-based Clearly Canadian Beverage Corp. (OTCBB:CCBEF) has raised $9.4 million in private placements with institutional investors. The money raised from the issuing of senior convertible notes will be used to expand its organic snack products.

Glacier Ventures to buy back up to 2.5 million company shares

Glacier Ventures International Corp. (TSX:GVC) plans to buy back 4% of its shares over the next year to boost shareholder value. Up to 2.5 million shares will be bought through a normal course issuer bid over the next 12 months.

VRX Studios signs deal with Hawaiian travel website

Vancouver's VRX Worldwide Inc. (TSX-V:VRW) has signed a content licensing agreement with a Hawaii travel website to provide hotel and travel images and interactive maps. Under the agreement, Get 2 Hawaii Inc.

Meridian approves acquisition offer from Nevada's Yamana Gold Inc.

Nevada's Meridian Gold Inc. (TSX:MNG) has approved a sweetened acquisition offer from Toronto-based Yamana Gold Inc. (TSX:YRI). The approval paves the way for completion of the companies' merger with Vancouver's Northern Orion Resources Inc.

Deal in the works to take Maximizer Software private

The majority stakeholder of Vancouver-based Maximizer Software Inc. (TSX:MAX) is considering taking the company private.

VendTek's revenue almost doubles in third quarter

Burgeoning sales of prepaid telecommunication services resulted in VendTek Systems Inc. (TSX-V:VSI) almost doubling its third quarter revenue for the period ending July 31, 2007. Revenue rose 89% for the Port Coquitlam-based company to $28.

Adanac Molybdenum to begin construction of $640 million northeast B.C. mine

Surrey-headquartered Adanac Molybdenum Corp. (TSX:AUA) will begin construction of its new Ruby Creek molybdenum project near Atlin in northeastern B.C. The provincial environmental assessment office approved the project on September 10.

Yamana Gold increases its offer for Meridian Gold

Yamana Gold Inc. (TSX:YRI) is sweetening the deal to takeover Nevada-based Meridian Gold Inc. (TSX:MNG), which is a condition of the merger with Vancouver's Northern Orion Resources Inc. (TSX:NNO).

U.S. sub-prime crisis will worsen, says CIBC report

The worst of the U.S. sub-prime mortgage crisis is yet to come, according to a new CIBC World Markets report. The report said the mortgage default rate has surged to unprecedented levels and could reach 25% of all sub-prime mortgages.