Paramount Gold and Silver Corp. ( TSX:PZG ) will be getting 400,000 shares of a Vancouver-based junior mining company in lieu of certain payments related to one of Paramount's recently acquired Mexican mining projects.
Debt-ridden defence products maker Allen-Vanguard Corp. ( TSX:VRS ) is putting off another quarterly principal repayment, but said it's close to reducing its debt by at least US$50 million by its Sept. 30 deadline.
Kinbauri Gold Corp. ( TSX-V:KNB ) is proceeding to arbitration for its battle with Glen Eagle Resources Inc. after failing to obtain court approval to have the latter's claims dismissed.
Prior to the Ontario Court of Appeal's 2008 decision in Wronko v. Western Inventory Service Ltd. , it was generally thought that an employer could change a fundamental term of an employee's contract if it simply provided the employee with enough notice.
There is no doubt that we are living in a period of tremendous historical significance. As the layers are peeled back from our economic onion, the details seem to get even grimmer as evidence of exceptional greed and inexplicable self-entitlement assaults our headlines.
Business representatives are lauding a recent parliamentary report that directs Public Works officials to reduce the complexity and cost of bidding on federal contracts.
In a move that will reduce the number of professional services standing offers and supply arrangements run by individual government departments, Public Works is introducing a new centralized procurement vehicle expected to handle approximately $300 million in contracts annually.