SKANA Capital Corp. (TSX VENTURE:SKN) (“SKANA”) announces release of its unaudited interim consolidated financial statements. For the quarter ended December 31, 2010, SKANA had consolidated net earnings of $931,454 ($0.02 basic and diluted earnings per common share) compared to consolidated net earnings of $256,684 ($Nil basic and diluted earnings per common share) for the comparative quarter. For the nine-month period ended December 31, 2010, the Company had consolidated net earnings of $7,383,569 ($0.14 basic and diluted earnings per common share) compared to consolidated net loss of $762,600 ($0.01 basic and diluted loss per common share) for the comparative period.

As at December 31, 2010, SKANA had cash and cash equivalents of $10,931,030 and carried its marketable securities at fair value of $16,863,231. SKANA maintains all of its cash and cash equivalents with Schedule A banks.

SKANA’’s unaudited interim consolidated financial statements and management discussion and analysis (“MD&A”) for the nine-month period ended December 31, 2010 have been filed on SEDAR and are available for download at www.sedar.com.

About SKANA Capital Corp.

SKANA is listed on the TSX Venture Exchange as an Investment Issuer and carries on business as a merchant bank. It makes strategic investments in resource-based and other opportunities that it believes have significant potential for appreciation through its financial involvement and guidance.

SKANA Capital Corp.
Greg Clarkes
Chairman
(604) 669-4899

Cavan Ventures Inc. (TSX VENTURE:CVN) (“Cavan”), a public mineral exploration company based in Vancouver, British Columbia, is pleased to announce that it has completed its previously announced non-brokered private placement financing. Cavan issued a total of 6,000,000 units (“Units”) at a price of $0.09 per Unit for gross proceeds of $540,000 in this private placement. Each of the Units is comprised of one common share (“Common Share”), plus one half of one non-transferable share purchase warrant (a “Warrant”). Each whole Warrant entitles the holder to purchase one additional common share at a price $0.15 per share for a period of two years.

In connection with the Private Placement, Cavan will pay cash finders” fees to certain finders for an aggregate amount of $40,320 and issue an aggregate of 600,000 finders” warrants (the “Finders” Warrants”). The Finders” Warrants will be exercisable at a price of $0.15 per Finder’’s Warrant share for a period of one year following the closing of the private placement.

The net proceeds of the non-brokered private placement will be used to identify, evaluate and secure potential acquisitions of mineral properties and for general corporate working capital. Cavan is currently investigate other potential property acquisitions and will provide further updates as and when the Company enters into any agreements.

The common shares and warrants comprising the Units and the Finders” Warrants will be subject to a four-month hold period in accordance with the policies of the TSX Venture Exchange and applicable securities legislation expiring on June 29, 2011.

The private placement remains subject to the final approval of the TSX Venture Exchange.

The Company has also granted incentive stock options to certain directors and consultants of the Company to purchase an aggregate of 500,000 common shares in the capital of the Company, exercisable at a price of $0.15 per share for a period of five years. All options are subject to a four month hold period and are granted in accordance with the terms of the Company’’s stock option plan and the policies of the TSX Venture Exchange.

On behalf of the Board of Directors:

Ming Chiang

For further information please visit our website at www.cavanventures.com.

Cavan Ventures Inc.
Ming Chiang
President & CEO
(604) 763-7748 (cell) or (604) 288-2756
(604) 909-5199
ming@cavanventures.com
Cavan Ventures Inc.
Patrick Brandreth
Director
(604) 808-3527
patrickbrandreth@cavanventures.com
www.cavanventures.com

Continue the BC government’’s commitment and creativity on treaty and First Nation issues, the Treaty Commission will advise Premier Designate Christy Clark.

“We will be looking for a strong signal the BC government will maintain their commitment to treaties and First Nation issues,” said Chief Commissioner Sophie Pierre.

“The BC government’’s financial commitment to the treaty process and First Nation issues has been strong,” notes Pierre. “We can build on the momentum we have gained in treaty negotiations over the past two years, and on the good prospects for agreements.”

Essential to the overall economic recovery and to the future well being of the province are the benefits that can be achieved through treaties. An independent financial analysis shows the entire province will benefit from completed treaties.

The Treaty Commission has asked the provincial government to stay the course in developing interim solutions such as incremental treaty agreements, reconciliation frameworks and recognition initiatives. These agreements can bring immediate benefits to First Nation communities.

“It is important to continue the work on revenue sharing and shared decision making with First Nations while maintaining a strong focus on achieving treaties,” said Pierre.

The Treaty Commission expects both the provincial and the federal governments to give priority to First Nation issues and treaty negotiations this year. “We will ask for that assurance from governments,” said Pierre.

The Treaty Commission has been encouraging all governments to make treaty completion a priority and First Nations to resolve their territorial issues and prepare for self government. Yale First Nation and Sliammon First Nation are preparing for ratification votes by their members. As well, several First Nations are moving to conclude agreements in principle.

About the BC Treaty Commission

The Treaty Commission is the independent body responsible for overseeing treaty negotiations among the governments of Canada, BC and First Nations in BC. It has three roles: facilitation, funding, and public information and education. For more information please visit bctreaty.net.

British Columbia Treaty Commission
Brian Mitchell
Communications Manager
604-482-9215 or cellular 604-788-5190
bmitchell@bctreaty.ca
www.bctreaty.net

Former Cutwater ECD to Bring Fresh Creative Leadership to New Position Overseeing San Francisco and LA; John Berg Steps Down as President

David Sable, Chief Executive Officer of WPP’s Young & Rubicam, and Tony Granger, Global Chief Creative Officer, announced today management changes aimed to upgrade the offering of Y&R’s West Coast operation.

• Joe Kayser has been appointed Chief Creative Officer of Y&R West, a new position. Kayser will be based in San Francisco and will be responsible for Y&R’s creative direction in both San Francisco and LA and all work for clients including Chevron, Citrix, Jenny Craig, Mattel, NCAA and Roundtable Pizza.

• John Berg is stepping down as President of Y&R West, effective immediately. Tom Sebok, President and CEO of Y&R North America, will assume Berg’s responsibilities on an interim basis. A search for a permanent successor is well underway.

Kayser’s appointment is the latest in a string of top creative hires for Y&R in North America following the recent appointments of Israel Diaz in Toronto and Bob Winter in Chicago.

Granger said, “Joe is a killer creative with a brilliant track record for success. He’s exactly the kind of talent and energy and we need to jumpstart a creative resurgence on the West Coast.”

Kayser comes to Y&R from Cutwater, the former SF-based creative hot shop spinoff of TBWA/Chiat/Day/SF. As Group Creative Director/ECD, Kayser was responsible for the agency’s day-to-day creative output. While there, he developed campaigns for brands including Jeep, adidas, LensCrafters, Persol and Google, to name a few.

Sebok said of Kayser: “He’s that rare combination of creative talent and leadership talent that can really light things up for clients. I’m thrilled to have him on board.”

Prior to Cutwater, Kayser worked at agencies including TBWA/Chiat/Day/SF, Hill Holliday, Hal Riney & Partners and Saatchi & Saatchi. He’s earned numerous awards, from Gold Lions to Clios, Pencils and Cubes working on brands across the entire spectrum of clients.

“Y&R is a great storied agency. I’m excited to help write its next chapter,” said Kayser. “Tony is an undeniable creative force and he’s done remarkable things with Y&R in a very short time. It will be fun to work alongside him and the rest of the team to create some really great work for current clients and future ones. I’m looking forward to shaking things up on the West Coast.”

About Young & Rubicam
Young & Rubicam is one of the world’s leading marketing communications companies. Founded in 1923, Young & Rubicam was the first agency to be founded by a creative, Raymond Rubicam. Today, run by Global CEO David Sable and Global CCO Tony Granger, the agency’s work spans the communications spectrum, including digital, viral, social and experiential marketing, to build brands that are irresistible to consumers.

Young & Rubicam has 186 offices in 90 countries around the world. Its clients are some of the world’s most prestigious global corporations, including Accenture, Bacardi, Campbell’s Soup Company, Colgate-Palmolive, Danone, Land Rover, LG, Xerox and Virgin Atlantic, to name a few. For more information, visit http://yr.com.

Joe Kayser, Chief Creative Officer of Young & Rubicam West Coast

According to Informa Research Services, the national average rate on 30 year fixed rate mortgages returned to 5.13% this week after nudging higher last week at 5.2%. While rates appear to be continuing their upward trend, it is difficult to say precisely where rates are heading and when they will change. Nonetheless, Informa Research Services suggests educated consumers research mortgage rates online before deciding how to finance their home purchase.

The internet provides a multitude of information for potential homebuyers. However, one of the most useful tools on the web may be online rate comparison tables. These tables are updated multiple times a day and are free of charge to use. These tables require only an estimated loan amount and the state in which the property is located. Also, these rate tables require absolutely no personal information from users.

In addition to helping consumers find the lowest local rates, checking these rate tables regularly can also help consumers differentiate what rates are just average in the given rate environment and which are truly a bargain. Rates are constantly on the move and it is nearly impossible to predict where they will be in the future. Learning to watch and read rate trends is a very important step in finding the best home financing deal.

Follow Informa Research Services on Twitter (@InformaResearch).

Become a fan of Informa Research Services on Facebook

Permission is granted to reprint this release in part or in its entirety as long as source credit is properly listed.

About Informa Research Services, Inc. (www.informars.com)
Since 1983, Informa Research Services, Inc., has provided the financial industry’s most extensive array of market research, mystery shop, and decision-support information.

Spicy Pickle Franchising, Inc.’s (OTCQB: SPKL) Chief Financial Officer, Clint Woodruff, commented today on the company’s stock quote being moved to the OTCQB from the OTCBB.

“The move from the OTCBB to the OTCQB was independent of Spicy Pickle’s business. As background, the OTCQB was launched in April of last year as a direct competitor to the OTCBB and offers a comprehensive OTC market tier specifically to identify stocks of U.S. registered and reporting companies that are current on their reporting to the SEC (or applicable regulator). Since April, a large number of companies have been migrating from the OTCBB to the OTCQB and much of this is due, as we understand, to the concentrated movement by brokerages as a result of the higher costs associated with the OTCBB. As such, Spicy Pickle’s move to the OTCQB is not a reflection on the company or its actions or inactions. The move is as a result of the apparent preferences of market makers who in their dealings with many companies are simply choosing to utilize the new OTCQB over the OTCBB.

“Spicy Pickle is a registered and reporting publicly traded company with the same symbol SPKL but now on the OTCQB. Any of our shareholders interested in more information on the new OTCQB and the apparent trends toward it as opposed to the OTCBB, can access the two links directly below and are encouraged to research further the numerous articles and information on the subject. As such, we caution that the links to articles provided below are not the only articles available, and we are not attempting to give a complete library related to this subject,” Mr. Woodruff added.

Article about the migration of companies from the OTCBB to the OTCQB Market: http://www.tradersmagazine.com/news/finra-pink-sheets-otc-markets-104992-1.html

Article about the OTCQB tier in general: http://www.thecrossbordergroup.com/pages/1913/Breaking+news.stm?article_id=13948

“Finally, anyone who would like to continue to stay abreast of our stock price can visit our website at www.spicypickle.com and navigate to “Our Story” — “Investor Relations” to receive current day quotes or visit www.otcmarkets.com and get the quote and history directly from the OTCQB,” he concluded.

ABOUT SPICY PICKLE® AND BG URBAN CAFÉ™ BRANDS:
Founded in 1999, Spicy Pickle Franchising, Inc. (OTCQB: SPKL) serves high quality meats and fine artisan breads baked fresh daily, along with a wide choice of eight cheeses, 22 toppings, and 14 proprietary spreads to create healthy, delicious panini and sub sandwiches with flavors from around the world. As a leading “fast-casual” concept, Spicy Pickle restaurants offer menu items that are far beyond traditional fast food without the price points of casual dining. The hallmark of a Spicy Pickle restaurant is great food and quality service in an enjoyable atmosphere. The company is headquartered in Denver, Colorado, with restaurants in 10 states. A Spicy Pickle Franchising subsidiary owns and operates as franchisor of the BG Urban Café brand in the metropolitan Vancouver, Canada area. BG Urban Café locations serve coffee, pastries, breakfast items, lunch, dinner and a wide variety of desserts.

Visit our website at www.spicypickle.com.

FORWARD-LOOKING STATEMENTS:
Certain statements in this press release, including statements regarding the number of restaurants we intend to open, are forward-looking statements. We use words such as “anticipate,” “believe,” “could,” “should,” “estimate,” “expect,” “intend,” “may,” “predict,” “project,” “target,” and similar terms and phrases, including references to assumptions, to identify forward-looking statements. The forward-looking statements in this press release are based on information available to us as of the date any such statements are made and we assume no obligation to update these forward-looking statements. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those described in the statements. These risks and uncertainties include, but are not limited to, the following: factors that could affect our ability to achieve and manage our planned expansion, such as the availability of a sufficient number of suitable new restaurant sites and the availability of qualified franchisees and employees; risks relating to our expansion into new markets; the risk of food-borne illnesses and other health concerns about our food products; changes in the availability and costs of food; changes in consumer preferences, general economic conditions or consumer discretionary spending; the impact of federal, state or local government regulations relating to our franchisees and employees, and the sale of food or alcoholic beverages; the impact of litigation; our ability to protect our name and logo and other proprietary information; the potential effects of inclement weather; the effect of competition in the restaurant industry; and other risk factors described from time to time in our SEC reports.

Radiant Energy Corporation, (TSX VENTURE:RDT) (“Radiant” or the “Company”) (amounts in U.S. dollars), the developer and marketer of radiant aircraft de-icing systems, announced its results for the year ended October 31, 2010, which are also available on SEDAR.

The Company reported a loss of $139,500, or $0.02 per share for the year ended October 31, 2010 compared with a loss of $2,048,453, or $0.24 per share for the year ended October 31, 2009. The loss reported for 2010 from the Company’’s continuing operations was $1,545,177 compared with a loss for the 2009 year of $1,838,622. Revenues of $122,500 for the year ended October 31, 2010 were lower than $458,422 in 2009, due to a change in the nature of the operating agreement for a de-icing facility, which also resulted in significantly lower contract related expenses. Operating expenses decreased during 2010 as a result of cost reductions, including lower amounts recorded on the granting of stock options, and lower staff costs and professional fees. The Company’’s Norwegian operation was dissolved during the year, resulting in recording income of $1,405,677, reported in discontinued operations in the Company’’s consolidated financial statements.

For the three months ended October 31, 2010, the Company reported a loss of $162,414, compared with a loss of $431,876 for the three-month period ended October 31, 2009. The decrease in the loss resulted from lower operating expenses and revenue in the current year period. In the prior year, $87,150 of the loss related to the discontinued operation.

About Radiant Energy Corporation

Radiant is the developer and marketer of Radiant Deicing Systems. The Company’’s product is the only non-glycol based alternative approved by the US Federal Aviation Administration for the pre-flight ground deicing of aircraft. Aircraft deicing with Radiant’’s technology offers savings to airports and airlines over the use of conventional glycol-based deicing systems, reducing aircraft treatment costs and significantly reducing the negative impact of glycol on the environment.

This press release contains “forward-looking statements”, including statements regarding the business and anticipated financial performance of Radiant Energy Corporation, which involve risks and uncertainties. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements, regarding financial and business prospects and financial outlook) are forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking statements are subject to a number of risks, uncertainties and assumptions that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things, changes in general economic and market conditions, changes to regulations affecting the Company’’s activities, and uncertainties relating to the availability and costs of financing needed in the future. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

Radiant Energy Corporation
David Williams
President and Chairman
416.922.8778

FP Newspapers Inc. (TSX:FP) (“FP”) announced today that FP Canadian Newspapers Limited Partnership (“FPLP”) has acquired The Carillon Weekly Newspaper and Derksen printing business located in Steinbach, Manitoba.

Derksen Printers Ltd., a family-owned business, has operated a commercial printing and newspaper publishing operation in Steinbach since 1936. The business is the largest custom newspapers and commercial printing plant in rural Manitoba, producing a wide range of weekly and monthly publications in several different languages. In addition to commercial web and sheet-fed printing, the business publishes The Carillon, a regional weekly paid newspaper serving Steinbach and south-eastern Manitoba. The Carillon has a weekly average circulation of approximately 8,000 copies and was selected winner of the “Best All Around Newspaper Award” for 2009 by the Manitoba Community Newspapers Association. The combined printing and publishing revenues are $5.0 million annually and the business employs approximately 50 people in its 26,500 square foot office and production facility located in downtown Steinbach, 65 kilometres southeast of Winnipeg.

“This is an excellent addition for FPLP and we”re very excited about the future prospects of both the commercial printing business and the award-winning weekly newspaper,” said Ron Stern, CEO of FP. “The south-eastern region of Manitoba is the fastest growing area of the province, and the Derksen family has built a business that plays a key role in supporting the commerce and continued growth of this region.”

“We believe there’’s a solid business base, and a motivated group of employees who we look forward to working with to grow the business in this very important part of the province,” said Dan Koshowski, CFO of FP.

FP Newspapers Inc. owns securities entitling it to 49% of the distributable cash of FP Canadian Newspapers Limited Partnership. FP Canadian Newspapers Limited Partnership owns the Winnipeg Free Press, the Brandon Sun, and their related businesses, as well as the Canstar Community News division, the publisher of eight community and special interest newspapers in the Winnipeg region. The Winnipeg Free Press publishes six days a week for delivery to subscribers and single copy sales, serving Winnipeg and Manitoba with an average Monday through Saturday circulation of approximately 126,500 copies. On Sundays the Winnipeg Free Press publishes a tabloid size newspaper sold through single-copy retail outlets and vending boxes. The Brandon Sun publishes seven days a week, serving the region with an average circulation of approximately 15,200 copies. Canstar Community News publishes weekly with an average circulation of approximately 200,000 copies. The businesses employ approximately 600 people in Winnipeg, Brandon and Steinbach. Further information can be found at www.fpnewspapers.com, and in the disclosure documents filed by FP Newspapers Inc. with the securities regulatory authorities, available at www.sedar.com.

FP Newspapers Inc.
Daniel Koshowski
CFO
(204) 697-7425
(204) 632-0281
www.fpnewspapers.com