Release Date: December 13, 2007 Philom Bios Inc. Acquired by Novozymes Biologicals Sale of the pioneering Saskatoon bio-based company is a positive development for the company’s future growth. Saskatoon, Canada (Dec 13, 2007) – Today Novozymes announced completion of the acquisition of Philom Bios, Inc. The inoculant company will become the cornerstone of Novozymes’ BioAgriculture business. For Philom Bios, the acquisition means access to Novozymes’ resources, greater opportunities for growth and a larger entry-way into the US and international agriculture markets. President of Philom Bios, Calvin Sonntag, said the sale should be seen as a positive development for the company’s […]

Release Date: December 10, 2007 Saskatoon, SK Novozymes Biologicals Holding A/S announced today that as of 12:01 a.m. on December 10, 2007, approximately 3,460,335 common shares of Philom Bios have been validly deposited to the Offer by Novozymes Biologicals Holding A/S, a wholly-owned subsidiary of Novozymes A/S, to acquire all of the common shares of Philom Bios (including common shares issuable upon the exercise of any options). Novozymes Biologicals Holding A/S has taken up these shares, which represent approximately 98% of the common shares of Philom Bios, and will pay for these shares today by providing the depositary with sufficient […]

Release Date: December 4, 2007 The WaveRider LMS8000 Features Market-Leading Throughput Performance and System Capacity at 900 MHz VICTORIA, BRITISH COLUMBIA, Dec 04, 2007 (MARKET WIRE via COMTEX News Network) — Vecima Networks Inc. (TSX: VCM), a leading supplier of broadband wireless solutions and principal member of the WiMAX Forum, today announced the introduction of the Next Generation WaveRider 900 MHz broadband access system, the LMS8000 Series. Featuring OFDM (Orthogonal Frequency Division Multiplexing) technology and incorporating the superior WaveRider Dynamic Polling MAC, the LMS8000 Series is specifically designed to enable network operators to fully exploit the non-line of-sight advantages of […]

Release Date: November 15, 2007 Cassandra Kyle, The StarPhoenix Published: Thursday, November 15, 2007 Vecima Networks Inc. is reporting a 31 per cent increase in revenue for its fiscal first quarter, which ended Sept. 30, over the same period last year. The company, which designs, manufactures and sells products that enable access to cable, wireless and telephone networks, announced Wednesday a total first quarter 2008 revenue of $26.4 million, up from $20.1 million from its first quarter of 2007. Vecima, according to company president and CEO Surinder Kumar, would have increased its revenue by 39 per cent to $28.1 million […]

November 6, 2007

Release Date: November 6, 2007 Bruce Johnstone, The Leader-Post Weyburn Inland Terminal (WIT) will spend $5 million to upgrade its receiving capacity, dust control and storage facilities, the farmer-owned grainhandling company announced Monday. “There are three components (to the project),” said WIT CEO Rob Davies. “The first component is improving our receiving speed. That’s all about improving our customers’ experience and giving them faster service at those times of year when things get busy,” Davies said. Davies said WIT wants to increase its receiving capacity by at least 50 per cent from 5,000 tonnes per day at present to 7,500 […]

Release Date: October 31, 2007 Customized version of Software Communications Architecture enabled SDR-4000 to be deployed. BURNABY, BRITISH COLUMBIA, Oct 31, 2007 (Marketwire via COMTEX News Network) — Spectrum Signal Processing by Vecima (“Spectrum”) (TSX:VCM), a provider of software defined radio (SDR) technology, today announced that an International defense prime will be using SDR-4000 technology in their next program. The contract calls for an immediate initial delivery of two SDR-4000 Tactical MILCOM Rapid Deployment Platforms (TMRDP), that provide an RF-to-Ethernet software defined radio solution. Subsequent deliveries include customizations of this platform specific for the customer’s program. The $3.1M of products […]

Release Date: October 30, 2007 SASKATOON, SK – Philom Bios Inc. (Philom Bios) announced today that it has entered into a pre-acquisition agreement whereby Novozymes Biologicals Holding A/S (“Novozymes”), a wholly-owned subsidiary of Novozymes A/S, will make an all-cash offer to acquire all of the issued and outstanding shares of Philom Bios by way of a take-over bid. The cash price will be CAD $6.50 per share, valuing the transaction at approximately CAD $25.6 million on a fully-diluted basis. The Board of Directors of Philom Bios has unanimously approved the offer as contemplated in the pre-acquisition agreement and concluded that […]

Release Date: October 24, 2007 CALGARY, Oct. 24, 2007 (Canada NewsWire via COMTEX News Network) — /THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR TO ANY UNITED STATES NEWS SERVICES./ TSX-V BNX.A/BNX.B CALGARY, Oct. 24 /CNW/ – BNP Resources Inc. (“BNP” or the “Corporation”) is pleased to provide the following operational update. << – Closed its flow-through and common equity share offerings raising gross proceeds of approximately $2.4 million, as disclosed in its October 16, 2007, press release. – Since BNP’s second quarter report to shareholders it has completed five exploratory wells, three of which have […]

Release Date: October 22, 2007 Approximately $6.0 M worth of orders already in-hand for delivery in the current quarter. VICTORIA, BRITISH COLUMBIA, Oct 22, 2007 (Marketwire via COMTEX News Network) — Vecima Networks Inc. (“Vecima”) (TSX:VCM), the Last Mile Solution(R) for broadband wired and wireless networks, is pleased to announce a rapid ramp up in orders for the company’s recently released reverse path demodulator product. Vecima has received orders of approximately $6.0 million for delivery in the current quarter. Vecima’s expectation is that the product’s run rate will stabilize to a level of $4 million per quarter for the 2008 […]

Release Date: October 19, 2007 CALGARY, ALBERTA, Oct 19, 2007 (Marketwire via COMTEX News Network) — Pearl Exploration and Production Ltd. (“Pearl”) (TSX VENTURE:PXX)(FIRST NORTH:PXXS) is pleased to report that it has completed the previously announced (August 2, 2007) acquisition of all of the issued and outstanding shares of Watch Resources Ltd. (“Watch”) pursuant to a court approved plan of arrangement involving Pearl, Watch and the shareholders of Watch (the “Arrangement”). Pursuant to the terms of the Arrangement, Watch shareholders received 0.23 of a common share of Pearl for each common share of Watch held. In connection with the Arrangement, […]