FinMetal Mining Ltd. (OTCBB: FNMM) is pleased to announce the completion of a US$3,045,000 equity financing and the company's intention to begin immediate exploration and development.

FinMetal Chairman and CEO Dan Hunter commented, "Proceeds from this offering will primarily be used for the exploration and development of our nickel and gold properties in Finland, which all contain promising zones of previously identified mineralization. Of particular interest are three sulphide-hosted nickel properties, which have been previously examined using older methods of geophysical analysis and fairly shallow drilling -- usually up to depths of only 100 meters. The mineralized zones on these nickel projects appear to be part of larger geological anomalies that have never been extensively examined or drilled to deeper levels and we believe there exists great potential ...

U.S. Silver Corporation ("U.S. Silver" or the "Corporation") (TSX VENTURE: USA) is pleased to announce that a smelter contract has been signed with Teck Cominco Metals Ltd. to process lead-silver concentrates produced at U.S. Silver's mining complex in the Silver Valley, Idaho.

Recent discoveries of high grade lead-silver mineralization in the Galena Mine (see press releases dated 1/17/07 and 3/22/07), combined with previously known lead-silver resources, have resulted in the decision to restart the currently idle Coeur Mill to process the lead-silver material from the Galena Mine. Ore from the Galena Mine will be hoisted up the Coeur Shaft, and concentrated in the Coeur Mill. The mill is scheduled to start shipments to the smelter in September 2007.

Bruce Reid the Chief Executive Officer commented that, "This contract will allow U.S. Silver to more f...

ICIG Genesis Energy Solutions Inc. today announced that due to a failure on the part of Genesis Advantage Inc. to consummate the acquisition of ICIG Genesis Energy Solutions Inc., as previously announced on April 19, 2006, the transaction cannot be completed. The acquisition transaction could not be completed as a result of various breaches and irregularities under the reorganization agreement entered into by the parties on April 19, 2006. In connection with termination of the acquisition transaction, Daniel Lang has resigned as sole officer and director of Genesis Advantage Inc. effective as of October 24, 2006.

ICIG Genesis Energy Solutions Inc. will continue its business of providing leading corporate energy solutions under the leadership of Daniel Lang. "We are pleased to be able to turn our attention back to our business and expect to build the leading Canadian business for energy solutions, on the basis of our service, expertise and industry relationships," said Mr. Lang. M...

Gondwana Energy Ltd. (OTCBB: GNWA) -- The Company is pleased to announce the appointment of a new Chairman and Chief Executive Officer, a new Director and a new Chief Financial Officer.

As noted in an 8K filed yesterday and effective October 22, 2006, Mr. Arne Raabe has elected to resign as Officer and Director of the Company to pursue other business interests.

Today, our board of directors appointed Mr. Daniel Hunter as our Chairman and Chief Executive Officer. Mr. Hunter is already a member of our Board of Directors.

Mr. Hunter has been a Director of the Company since September 18, 2006. Mr. Hunter has been actively involved in both financing and building private and public companies for more than 25 years. He spent the first 20 years of his professional career as a securities broker specializing in structured financings for junior and intermediate si...

The trustees of BTB Real Estate Investment Trust (TSX VENTURE: BTB.UN) ("BTB REIT"), announced today the resignation of Mr. Daniel Bouffard as trustee of BTB REIT and the appointment of Mr. Claude Garcia as a non beneficiary trustee of BTB REIT and its subsidiary, TB Subsidiary Trust. This appointment has taken effect on October 16, 2006. As a non beneficiary Trustee, Mr. Garcia may not subscribe for units or receive unit purchase options of BTB REIT. He is considered a totally independent Trustee.

Mr. Garcia had a long career in the public and private sectors. He was President of the Canadian operations of the Standard Life Insurance Company from June 1993 to December 2004.

He currently sits on the board of Cogeco Inc., Cogeco Cable Inc. and Goodfellow Inc. He is Chairman of the Board of the Agence des partenariats public-prive du Quebec (PPP Qu...

The Royal LePage Franchise Services Fund (TSX: RSF.UN) today declared a cash distribution of $0.0958 per unit for the month of October, payable on November 30, 2006 to unitholders of record on the close of business on October 31, 2006.

About the Royal LePage Franchise Services Fund

The Royal LePage Franchise Services Fund is a leading provider of services to residential real estate brokers and their Realtors. The Fund generates cash flow from franchise royalties and service fees derived from a national network of real estate brokers and agents in Canada operating under the Royal LePage and Johnston & Daniel brand names. As at June 30, 2006, the Fund Network was comprised of 12,162 REALTORS operating from 580 locations under 277 franchise agreements. The Fund Network has an approximate 20% share of the Canadian residential resale real estate market based...

Franc-Or Resources Corporation (TSX: FOR) is pleased to announce the appointment of George R. Jones and Daniel F. Hachey to the Board of Directors, subject to regulatory approval.

Mr. Jones brings a diverse background of marketing, business development, and executive management to the Franc-Or Board. Mr. Jones currently serves as a business and management coach to several resource companies, and sits on the boards of Teal Mining and Exploration (TSX), Noranda Income Trust (TSX), and Logistec Ltd. (TSX). Until a recent buyout transaction, Mr. Jones was President of Novicourt (TSX) and previously was President of Noranda Zinc, which at the time was one of the worlds largest zinc companies. In addition, Mr. Jones has served as Chairman of the International Zinc Association, the Canadian Manufacturers and Exporters Association, and the Canadian Fertilizers Associatio...

MagIndustries Corp, (TSX VENTURE: MAA) is pleased to announce changes to the Board of Directors, the Advisory Board and additions to senior management. These changes and additions represent a strengthening of MagIndustries operating team and a further strengthening of our corporate governance. Further additions to the Company's management team are likely as each subsidiary moves toward commercial development of their respective projects.

At the Board of Directors level Victor Wells was appointed a director following the resignation of Dr. Nataliya Hearn. Victor Wells is a Chartered Accountant and is a Fellow of both the British Columbia and Ontario Institutes of Chartered Accountants. He is a member of Financial Executives International (FEI), a member of AIG's Excess Casualty Advisory Board (New York), and is a corporate finance specialist with CFO an...

The National Angel Organization's (NAO) Annual Investor Summit will take place from October 3rd to October 5th, 2006 in Toronto. The Summit, focused on early stage investing in innovative Canadian enterprises, will attract Angel Investors from across Canada.

Summit participants will focus on (1) developing and expanding Canadian angel investing networks, (2) identifying best practices in angel investing and the commercialization of new discoveries and (3) exploring the current technology and market trends which are driving Canadian business innovation.

The Summit will include a number of sessions and panels focused on leveraging resources and relationships, creating strong management teams, private company sector strategies and furthering Canada's position in the global market. A full agenda is available on the NAO website, www.angelinvestor.ca.

"Angel investors are the oldest, largest, and most often used source of outside funds," ...

TechTrex Inc. (TTI) today announced that its ConverTrex SP1X has received Class A certification from Secure Payment Systems, Inc. (SPS). California based Secure Payment Systems and EFT Canada (TSX VENTURE: EFT), a publicly traded company based in Toronto, Ontario, have entered into a strategic partnership as "Secure EFT" to fast track a low-cost gift and loyalty processing solution for a burgeoning Canadian market. The certification follows last month's certification of TTI's PrimeTrex POS terminal for SPS' Gift and Loyalty Card Processing.

The PrimeTrex/ConverTrex SP1X combination provides Secure EFT with a complete IP solution for its Canadian independent sales agents, banks, and merchant acquiring partners. "This IP solution has it all - SPS' superior application, combined with TechTrex service and support on our low-cost, high-functioning equipment," s...