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Canada is set to effectively compete for Asian energy customers with a host of other exporting countries in the next decade, the country's energy minister said.
("PCE") (TSX VENTURE:PCE) is pleased to announce that it has submitted all necessary documents to the TSX Venture Exchange and has received approval for the acquisition of Asia Canada Energy Inc. ("ACE"). As a result of this approval, PCE will proceed on closing the transaction (See Exchange Bulletin dated February 28, 2006). As part of this process, PCE has also filed a technical report on SEDAR prepared by Sproule International Limited on the ACE property.
Leading figures from Canada's energy industry look at ways of becoming the main exporter of energy and environmental technology to Asia in 20 years.