Michael Wekerle obtained Difference Capital Financial Icc's Convertible Unsecured Subordinated Debentures for US$10.75 million.
Tags: Canada
BDC Venture Capital extends US$150,000 to 10 Launch36 graduates
BDC Venture Capital extended US$150,000 to 10 recent Launch36 graduates. BDC Venture Capital announced Monday that it was extending convertible notes to 10 recent graduates of the Launch36 accelerator program.
Canadian tech company decides to enter the US market via Boston
Desire2Learn Inc. decided to setup in Boston for its US operations. Desire2Learn Inc. decided to base its US operations in Boston. Desire2Learn Inc. is a Canadian company that assists schools and their teachers handle instructional material by using cloud data storage systems.
Canadian dollar fluorishes amidst crisis
While many currencies have floundered, the Canadian dollar has provided great returns to investors. As the recent weeks have showed, many global currencies have been buffetted by volatile trade as well as the uncertainty as to the next decision of the US Federal Reserve as to its stimulus programs.
Alamos acquires Esperanza Resources for Can$69.4 million
Alamos Gold Inc. acquired Esperanza Resources for Can$69.4 million through a court-approved plan of arrangement.
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Loblaw, Canada's biggest food retailer raised about Can$400 million for its real estate investment trust in an initial public offering.
Revolver Resources Inc. recently made its new investment public. This comprised of 10 million new units that was anticipated to earn US$300,000.
Redline Capital Management succeeded in its bid for MCW Energy Group though acquisition of MCW's 8,695,652 common shares.
According to a report by the Nikkei business daily, a deal valued at 200 billion yen will take place this month as investors from Japan and Canada acquired a gas-fired power plant in Michigan.
Canadian investors fear the lack of transparency and inappropriate conduct from Pakistani government.
Verizon Communications Inc. made an offer to buy Wind Mobile as a means of reentering the Canadian market to boost its growth prospects.
Orascom, the subsidiary of Vimpelcom, had withdrawn its bid to gain majority interest in Wind Mobile.
Verizon Communications, among other telecoms firms, may seek to participate in the Canadian wireless market.
Canadian Industry Minister, Christian Paradis squashes Telus Corp's application for a takeover deal with Mobilicity following the Canadian ban for spectrum licenses acquisition from smaller rival companies.
