Release Date: December 20, 2004 CALGARY, Dec. 20 /CNW/ – TGS North American Real Estate Investment Trust (NAR.UN:TSX and NAR.U:TSX) (“TGS NA REIT”), announced today that a distribution of U.S. 6.325 cents per unit has been declared, payable on January 17, 2005 to the Unitholders of record as at December 31, 2004. Unitholders entitled to receive the distribution in Canadian dollars will be paid in Canadian dollars based on the noon rate of exchange quoted by the Bank of Canada on January 17, 2005 in the case of registered Unitholders and on the exchange rate obtained on the day by […]

Release Date: December 17, 2004 News that the Golden Opportunities Fund, based here in Saskatoon, was rated the No. 1 labour-sponsored investment fund in all of Canada is praiseworthy in its own right. It’s a legitimate and obvious pick in a sector of the investment fund market where people want a tax break immediately, but have low expectations of year-over-year positive returns. Indeed, index charts of labour-sponsored funds show them to most likely be negative over time. People such as well-known columnist Gordon Pape and Allan Jacks, a financial commentator from Winnipeg who runs the Crocus Investment Fund, were among […]

December 16, 2004

Release Date: December 16, 2004 It’s been in existence for only five years, but Saskatoon’s Golden Opportunities Fund has been recognized as the top Canadian labour-sponsored investment fund for 2004. The fund has attracted $45 million from 8,000 Saskatchewan unit holders and has put that money to work in 50 investment transactions in 35 different Saskatchewan companies since 1999. Grant Kook, the fund’s president and CEO, says organizers of the Canadian Investment Awards phoned him a month ago to strongly suggest he attend last week’s awards dinner at Toronto’s Roy Thomson Hall. Kook says winning the award could bring further […]

December 15, 2004

Release Date: December 15, 2004 Philom Bios Inc. took in record revenues of $12.1 million from product sales in its 2004 fiscal year as the Saskatoon-based manufacturer of biological crop inoculants proceeded with a change in management on Tuesday. The company board of directors announced Tuesday that Calvin Sonntag will become chief executive officer on Jan. 1. Sonntag joined the company as president 10 months ago after a 15-year career with other agribusiness companies. Philom Bios founder John Cross will remain as chair of the board. In an interview, Cross said he is delighted that the board’s succession strategy has […]

Release Date: December 15, 2004 The 2004 Canadian Investment Awards were held on December 3, 2004 at the Roy Thomson Hall located in downtown Toronto. The black tie event, attended by the financial industry’s top performers and analysts, saw a Saskatchewan fund, Golden Opportunities Fund chosen as the 2004 Canadian Labour Sponsored Investment Fund of the Year. With over 120 labour funds in Canada representing $9 Billion in assets under management this was the inaugural year in which the previously named Canadian Mutual Fund Awards identified a specific category for labour sponsored funds. The annual awards program, resembling the Oscar […]

Release Date: December 14, 2004 A Saskatoon manufacturer of wireless Internet hardware continues to cement its relationship with SaskTel. VCom Inc. announced Monday it has a technology development deal with one of the Crown phone company’s main subsidiaries. Navigata Communications, a wholly owned SaskTel subsidiary that competes for telecom services in British Columbia, Alberta, Ontario and Quebec, joined VCom in issuing a joint press release. It means VCom will be the primary equipment supplier for an installation in Kamloops that will bring a WiMAX wireless connection to the city. The deal was announced as a partnership arrangement with no details […]

Release Date: August 27, 2004 CALGARY, ALBERTA–(CCNMatthews – Aug. 27, 2004) – QCC Technologies Inc. (TSX Venture: QCC) (“QCC” or the “Company”) announces that it has entered into an arms-length agreement (the “Agreement”) dated August 24, 2004 pusuant to which it will acquire (the “Acquisition”) iQ2 Power Corp. (“iQ2 Power”), a Calgary-based growing private power retailer company. QCC will acquire iQ2 Power for a deemed value of approximately $15 million, comprised of $2 million of common shares (“QCC Shares”) of QCC, $12 million (cash) and the Earn-Out Consideration. The QCC Shares, cash and the Earn-Out Consideration to be provided in […]

Release Date: June 3, 2004 Golden Opportunities Fund Inc. is pleased to announce an investment of $2.8 million into Big Quill Resources Inc., Canada’s largest producer of potassium sulphate. The investment in Class A Shares will result in the Fund taking a majority interest in the Wynyard company. Management will implement an aggressive capital expansion/modernization program which will double its granulation production capacity and allow it to expand into new product lines adding a broader customer base. As the leading North American manufacturer of 99.8% high purity potassium sulphate, Big Quill’s products are used in high quality fertilizers and in […]

Release Date: May 26, 2004 Golden Opportunities Fund Inc. is pleased to announce a follow-on investment into two of Saskatchewan’s leading, growth-oriented biotechnology companies, Philom Bios Inc. and Phenomenome Discoveries Inc. The Fund’s investment confirms continued commitment to Saskatchewan biotechnology, and the positive growth both of these companies have had since the Fund’s initial investment. Golden Opportunities Fund Inc. purchased 231,167 Class A Common Shares in Philom Bios from individual shareholders at a purchase price of $2.50 per share for a total investment of $577,918 taking the Fund’s total ownership position in the company to 740,517 Common Shares or 22.5% […]

Release Date: March 30, 2004 Mr. Grant Kook, Chairman and Chief Executive Officer of Golden Opportunities Fund is pleased to report the Fund’s RRSP sales year to date were $11.5 million, a 16% increase over the same period in 2003. The increased capitalization of the Fund to approximately $45 million not only confirms continued support and agreement of the Fund Manager’s investment principles, but enables the Fund to increase its investment size and manage its portfolio risk more effectively. Approximately 8,000 Saskatchewan shareholders have made Golden Opportunities Fund the #1 Selling Labour Fund for three consecutive years, and agree that […]