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Icelandic shipping giant seals $525.7 million Versacold deal

Eimskip Holdings Inc., a subsidiary of Iceland-based HF Eimskipafelag Islands, has completed its acquisition of Versacold Income Fund (TSX:ICE.UN) for $525.7 million.

New Gold completes $392 million share offering

New Gold Inc. (TSX:NGD) has completed its financing for its copper and gold project near Kamloops, B.C. New Gold has received $392 million from its public offering of shares announced in May.

West Fraser Timber Co. hit with quarterly loss

Despite a 6.8% increase in sales, West Fraser Timber Co. Ltd. (TSX:WFT) recorded a $14.2 million loss in its second quarter, which ended June 30. The result contrasted with a $103.

Vancouver geothermal energy developer gets funding from Icelandic partners

An Icelandic geothermal company and the second-largest Icelandic bank have acquired 25 million shares in Vancouver's Western GeoPower Corp. (TSX-V:WGP) in a private placement worth $18.4 million.

Finning inks $140 million contract with Chilean mining company

Finning International Inc. (TSX:FTT) has signed a $140 million contract with Antofagasta Minerals SA to provide 59 mining trucks and equipment. The equipment is for Antofagasta's Esperanza open-pit copper and gold mine in northern Chile.

Silver Wheaton completes US$485 million acquisition of Mexican silver mine

Silver Wheaton Corp. (TSX:SLW) has completed its US$485 million acquisition of Goldcorp's Penasquito Project in Mexico.

$42 million deal creates large North American uranium entity

Bayswater Uranium Corp. (TSX-V:BAY) has completed its $42 million acquisition of Kilgore Minerals Ltd. The deal, announced originally in mid-March, creates a uranium company with large holdings of uranium properties in Canada and the United States.

Vancouver oil and gas junior acquires Calgary energy services firm

Lagasco Corp. (TSX-V:LCO) has acquired Calgary-based Hi-Tech Fluid Systems Inc., a privately held energy services company for roughly $15 million.

Rainmaker to reboot Mainframe Entertainment's signature animation series

Rainmaker Animation, a division of Rainmaker Income Fund (TSX:RNK.UN), is bringing back the ground-breaking CGI-based animation series Reboot produced by Mainframe Entertainment.

A&W income fund distribution up after quarterly sales increase

A 17th consecutive increase in same store sales growth has prompted A&W Revenue Royalties Income Fund (TSX:AW.UN) to increase its monthly cash distribution. Same store sales rose 4.6% for A&W restaurants as total sales were up 7.3% to $145.