The President and CEO of Quebecor Inc. (TSX: QBR.A)(TSX: QBR.B), Pierre Karl Peladeau, called today for swifter government action in allocating frequencies for a new generation of wireless mobile devices after Canada has fallen behind most other industrialized countries.

Endorsing the government's review of the wireless sector, Mr. Peladeau stated: "We believe that the spectrum auction for new frequencies should happen more quickly than what the Industry department is calling for, which is January of 2008. Canada has already fallen too far behind. If we truly want to support Canadian culture and see it flourish, we have to equip ourselves very rapidly with the appropriate vehicles."

In a speech to the Canadian Club of Ottawa, Mr. Pelad...

Mansfield Minerals Inc. ("Mansfield" or the "Company") (TSX VENTURE: MDR) and its joint venture partner, Antares Minerals Inc. ("Antares") (TSX: ANM), have executed a vesting agreement whereby Antares will undertake to vest its 50% interest in the Rio Grande property by completing US$3,375,000 in exploration expenditures and issuing a further 300,000 shares of Antares to Mansfield on or before September 30, 2007. Antares has spent approximately US$2,700,000 on Rio Grande to date pursuant to the terms of the Letter of Understanding between the two companies dated June 30, 2004 (the "LOU").

In addition, Mansfield will subscribe for $5,250,000 of treasury units of Antares at $1.75 per unit, each unit consisting of one common share and one-ha...

PolyMet Mining Corp. (TSX: POM)(AMEX: PLM) ("PolyMet" or the "Company") is pleased to announce that further to its press release of April 3, 2007, the Company has now closed its private placement financing of 15 million units, at US$2.75 per unit, with each unit comprising one common share and one-half of one warrant. Each, whole warrant is exercisable into a common share at a price of US$4.00 at any time until October 13, 2008 subject to an early trigger if the 20-day volume weighted average price of the common shares is US$6.00 or more.

The private placement, primarily with existing shareholders, is non-brokered. However, in connection with the private placement, PolyMet has paid finders' fees totaling US$1.43 million in cash, 150,000 shares a...

Uranerz Energy Corporation (AMEX: URZ)(FRANKFURT: U9E) is pleased to announce that the Chicago Board Options Exchange® ("CBOE") has launched trading in options (derivatives: puts and calls) on the equity securities of Uranerz Energy Corporation.

The Chicago Board Options Exchange is the world's largest options marketplace and the pioneer of listed options. Since CBOE founded the listed options business in 1973, it has been the leader in options volume every year. In 2006, CBOE options contract volume was an all-time record of 674.7 million contracts, an increase of 44% over the previous year. It is estimated that CBOE traded more than $15 trillion in notional value of listed options in 2006.

CBOE will trade in all existing months ...

IN BRIEF:

Almaden Minerals Ltd. ("Almaden") (TSX: AMM)(AMEX: AAU) is pleased to announce that it has signed a letter of intent with Canadian Gold Hunter Corp. ("CGH") (TSX: CGH) whereby CGH can acquire a 70% interest in Almaden's Caballo Blanco gold project, Mexico. Under the terms of the agreement CGH can acquire the 70% interest in the project by issuing 1 Million shares of CGH and making a US$500,000 payment upon signing a formal agreement, spending US$12.0 Million on the project (of which US$1.5 Million is a firm commitment) and funding all costs required for the completion of a bankable feasibility study, after such time t...

C.A. Bancorp Inc. (the "Company") (TSX VENTURE: BKP) is pleased to provide an update on its investment activity.

On November 27, 2006, the Company closed a common share offering, raising $38.8 million in gross proceeds. As of April 16, 2007, the majority of the capital has been invested in various investments, such investments in accordance with the Company's business plan. The Company's strategy has been to:

1. build a portfolio of publicly traded small- and mid-cap entities with a focus on income trusts, as such entities exhibit a high potential for acquisitions, mergers or management-supported privatizations;

2. develop alternative asset investments, exemplified by the rapid development of its real estate investment entity, Charter Realty Holdings Ltd. ("Charter Realty"); and

3. develop its private equity and specialized fund management busi...

Quicksilver Resources Inc. (NYSE: KWK) will release first-quarter 2007 earnings on Wednesday, May 2, 2007 after market close. The company will host a conference call on Thursday, May 3, 2007 at 10:00 a.m. central time (11:00 a.m. eastern) to discuss first-quarter 2007 financial and operating results, and expectations for the future.

Quicksilver invites interested parties to listen to the call via the company's website at http://www.qrinc.com or by calling 1-877-313-7932, using the conference ID number 6102596, prior to 9:55 a.m. central time. A digital replay of the conference call will be available at 1:00 p.m. central time the same day, and will remain available for one week. The replay can be dialed at 1-800-642-1687 and reference should be made to the conference ID number 6102596. Thereafter, the replay will be archived ...

Queenston Mining Inc. ("Queenston") (TSX: QMI)(FRANKFURT: QMI)(STUTTGART: QMI) and Kirkland Lake Gold Inc. ("KL Gold") (TSX: KGI)(AIM: KGI) are pleased to announce they have formed a strategic, 50%-50% joint venture to purchase and explore 4 key mineral claims located in the heart of the Kirkland Lake gold camp. The properties, referred to as the South Claims and East Claim, are located in Teck Township south of, and adjacent to, KL Gold's Macassa Mine property and Queenston's Amalgamated Kirkland property (F...

Jourdan Resources inc., (the "Corporation" or "JOURDAN") (TSX VENTURE: JRN) is pleased to announce that it signed three letters of agreements regarding the acquisition of a 100% interest in four major uranium properties. The acquisition of a 100% interest in two (2) properties totalling 234 mining claims covering 126 km2 located in the Wakeham sedimentary basin on the St. Lawrence Lower North Shore of the Province of Quebec constitutes a fundamental acquisition for the Corporation as it intends to allocate a large portion of its resources on these two (2) properties. The first property, known as the "Lac Bernard property" is composed of 124 claims, while the second property known as the "Lac Nobel property" is composed of 110 claims. The second acquisition consist of 64 claims located in the Otish Mountain area, Province of Quebec, known as the "Urika property...

Great Western Minerals Group Ltd. (TSX VENTURE: GWG)(PINK SHEETS: GWMGF): The Company is pleased to report that it has acquired, through staking, a 100% interest in an advanced-stage, nickel-cobalt-magnesium project in the western USA. Currently 150 claims cover 3 areas of known nickel-laterite mineralization.

The property was the subject of a "Phase I Feasibility Study" completed by Davy McKee Corporation, a well-known construction and consulting firm, in 1986. The study was based on 124 drill holes completed between 1964 and 1972 and 36 back-hoe test pits dug and sampled in 1981.

The study, which is NOT NI 43-101 compliant, and the results, provided here as historic information only was based on a 2,500 ton per day mining operation and concluded that the project was feasible generating a 20.6% return on investment with a 5-year payback on an initial ...