A new Fraser Institute study shows when adjusted for population, Calgary in Alberta is by far the Canadian leader in the concentration of corporate headquarters, with 6.0 corporate head offices per 100,000 people in 2010, double that of Toronto.
This concentration in the country's oil heartland is important because of the spin-off effects associated with corporate headquarters. Support professionals such as lawyers, consultants, and accountants tend to establish themselves near these headquarters and create a larger professional community, a greater concentration of knowledge, and easier access to high quality services for other companies nearby.
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.