Archives

Russell Breweries Inc. (TSX-V:RB) reported an 86% increase in revenue for its third fiscal quarter ending March 31, 2007, as the Surrey-based company continues to expand it sales and production.

Vancouver-based Art in Motion Income Fund (TSX:AIM.UN) is cutting roughly 11% of its staff, or 40 employees, in its attempt to reduce costs.

A soaring Canadian dollar and plummeting newsprint demand has forced Catalyst Paper Corp. (TSX:CTL) to cut 315 jobs in its effort to return to profitability.

Another B.C. income trust is being bought out by a foreigner. Versacold Income Fund (TSX:ICE.UN) is the acquisition target of Eimskip Holdings Inc.

Vancouver's Russell Breweries Inc. (TSX-V:RB) plans to acquire Winnipeg-based Fort Garry Brewing Company Ltd. for roughly $3 million.

Former Mainframe Entertainment CEO Rick Mischel has launched Reach Games, a new video game developer services company based in Vancouver.

Vancouver telecommunications firm Uniserve Communications Inc. (TSX-V:USS) has completed its $12 million acquisition of New Westminster-based broadband services provider Parasun Technologies Inc.

Vancouver mineral exploration company Redcorp Ventures Ltd. (TSX:RDV) has filed a preliminary short form prospectus for $240 million in debt and equity financing.

Vancouver marketing software developer Versatile Systems Inc. (TSX-V:VV) reported a 20% drop in revenue for the quarter ending March 31, 2006. Revenue was US$12.4 million compared with revenue of US$15.

Richmond-based Sierra Wireless Inc. (Nasdaq:SWIR) has completed its $11 million acquisition of privately-held AirLink Communications Inc.