C:*SEC - SEC settles with Nova Chemicals shareholder Al Hashemi
[2009-11-20 14:18 ET]
The SEC has reached an $875,000 (U.S.) settlement with Khaled Mohammed Sharif Al Sayed Al Hashemi, the Abu Dhabi man facing insider trading charges. The SEC said he bought shares of Nova Chemicals ahead of its takeover. more... C:*CURRENT - Fraser Inst. says Canada spending more for less care
[2009-11-20 14:13 ET]
The Fraser Institute says that Canada is spending more money on health care and seeing smaller returns. Spending on health care rose by 47 per cent between 1993 and 2009. During that period, wait times for medical procedures have risen. more... U:CWTD - China World Trade's Hui gets sentence recommendation
[2009-11-19 14:37 ET]
China World Trade Corp.'s indicted CEO, John Hui, has received a sentence recommendation of 32 to 39 months. Prosecutors are seeking a modest sentence because he pled guilty and agreed to testify against Alan Ralsky, the "King of Spam." more... C:*SEC - SEC target Budd files answer to Golden Apple charges
[2009-11-18 14:42 ET]
SEC target Jay Budd has filed his answer to the Golden Apple Oil & Gas Inc pump-and-dump case. Without providing details, he denies any wrongdoing, and asks for a trial by jury. His answer comes two weeks after that of his co-defendant, John Briner. more... C:AKS - Arakis Energy wins decrease in finder's fee
[2009-11-17 14:36 ET]
Arakis Energy Corp. has won a decrease in the finder's fee it owes to the estate of Daud Malik, from $1-million to $500,000. Mr. Malik sued over the fee in 2001, claiming he introduced Arakis to its Sudan project in 1992. more... C:*CNSX - Pure Trading stays in third, Alpha turns 1
[2009-11-16 21:15 ET]
Pure Trading was Canada's third most active alternative trading system in the week ended Nov. 13, 2009. Alpha Trading Systems turned a year old and its president, Jos Schmidt, says the ATS has more room to grow. more... U:WWEI - Welwind Energy responds to unpaid debt suit
[2009-11-16 14:15 ET]
Welwind Energy International Corp. has filed its statement of defence to an unpaid debt lawsuit launched by Manning Elliott LLP. The company denies the allegations, and asks for the judge to dismiss the case. more... C:*SEC - SEC secures order against fake news release author
[2009-11-13 14:14 ET]
The SEC has secured an order preventing New York broker Lambros Ballas from issuing unauthorized news releases for public companies. The regulator says he manipulated three stocks, including Imax Corp., with false news releases. more... C:*SEC - SEC target Metz says he did not write misleading news
[2009-11-12 14:24 ET]
SEC target Troy Metz has filed a motion to dismiss allegations that he drafted news releases in the Prime Time Group Inc. fraud. He denies writing any releases, and says he lost money from his affiliation with the company. more... C:*CURRENT - Fraser Inst. advises countries to follow Western models
[2009-11-11 20:51 ET]
The Fraser Institute advises developing countries to follow Western models if they want to be successful selling natural resources. It recommends developing countries improve laws, reduce trade barriers and support open markets. more... 
| | US Headlines
BES - Inv Reporter says hold Bestar
[2009-11-20 20:53 ET]
more... CAY - Cache to acquire 70% of Bluff Lake from Candorado
[2009-11-20 20:48 ET]
Cache Exploration Inc. is acquiring 70 per cent of Candorado Operating Company Ltd.'s Bluff Lake property as its qualifying transaction. It has arranged a private placement of 5.5 million units at eight cents for $440,000. more... DAY - Daylight Resources debenture conversion price
[2009-11-20 20:43 ET]
Daylight Resources Trust's 8.50-per-cent Series A convertible unsecured subordinated debentures are convertible into trust units by Dec. 1, 2009, at $14.07888 per trust unit, not $9.50 as previously stated. more... YNG - Yukon-Nevada arranges $1-million private placement
[2009-11-20 20:37 ET]
Yukon-Nevada Gold Corp. has arranged a $1-million private placement of 10 million units at 10 cents each. The private placement needs shareholder approval. Money raised will go toward the Jerritt Canyon and Ketza River properties and pay off debt. more... WYG - Int'l Wayside Gold arranges $10-million financing
[2009-11-20 20:28 ET]
International Wayside Gold Mines Ltd. has arranged a $10-million private placement. It will issue 2.5 million units at 80 cents and 10 million subscription receipts at 80 cents. more... ARA - ART Advanced's creditors to vote on proposal Dec. 7
[2009-11-20 20:22 ET]
ART Advanced Research Technologies Inc. has signed an agreement with Dorsky Worldwide Corp. to restructure its balance sheet and share capital. ART's unsecured creditors will vote on the company's proposal on Dec. 7, 2009. more... DII - Inv Reporter refreshes Dorel Industries buy
[2009-11-20 20:19 ET]
more... FTR - Firesteel clarifies investment in Blacksteel Oil
[2009-11-20 20:08 ET]
Firesteel Resources Inc. says it has significantly reduced its interest in Blacksteel Oil Sands Inc. The company is focusing on its core mineral assets. more... PJC - Inv Reporter refreshes Jean Coutu buy
[2009-11-20 20:07 ET]
more... KOS - Cossette reaffirms support for Mill Road bid
[2009-11-20 20:07 ET]
Cossette Inc. is again supporting the privatization transaction with Mill Road Capital LP and recommends that shareholders vote for the offer on Dec. 18. Mill Road is offering $7.87 per share. more...
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