Vengold faces criticism for forgiving loans to executives

Article Abstract:

Vengold Inc, a mining company, is being criticized by an analyst at one of the firm's biggest US shareholders for forgiving around 75% of the relocation loans to its president, Ian Telfer, and three other company officials. A total C$1.1-million in bonuses were paid by Vengold in 1998 to Telfer, chief financial officer Glenn Ives, VP Robert Gallagher and VP Brian Kirwin. The analyst said the bonuses given to the executives are inappropriate because of the firm's current financial status.

Gold Ore Mining, Gold Mines, Vengold Inc.

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Angiotech considers answers to options dilemma

Article Abstract:

Angiotech Pharmaceuticals Inc. is considering its options after it terminated a stock option plan. The company was forced by its shareholders to withdraw the plan. Angiotech said that it would continue to seek acquisitions.

Pharmaceutical industry, Angiotech Pharmaceuticals Inc.

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Telus to enter B.C. TV market

Article Abstract:

The plans of Telus Corp. to foray into Canada, through new digital television service, are presented.

Communications, Broadcasting and Telecommunications, Telephone Communication, Telecommunications services industry, Telecommunications industry, Communications industry, Digital television, TELUS Corp.

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