01:29 PM EST - Royal Laser Corp. : says its subsidiary Venture Steel plans to acquire Winston Steel Inc. of Mississauga, Ont., for an undisclosed price. The custom wood and metal products maker said Friday it will buy "substantially all" of the operating assets of the steel service centre. The deal still requires due diligence, regulatory and government approval and negotiation of a definitive agreement. A closing date is expected sometime in the third quarter ended Dec. 31. Royal Laser Corp.
shares T.RLC are trading up 1 cent at $0.81.
