VANCOUVER, April 23 /CNW/ -
TSX VENTURE COMPANIES
ASIAN TELEVISION NETWORK INTERNATIONAL LTD. ("SAT")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
The Issuer has declared the following dividend:
Dividend per Common Share: $0.01
Payable Date: May 18, 2010
Record Date: May 5, 2010
Ex-Dividend Date: May 3, 2010
TSX-X
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AVANTI MINING INC. ("AVT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 23, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation in connection
with a Purchase and Sale Agreement dated April 21, 2010 between the Company
and Nicholas Carter whereby the Company has acquired two mineral claims
located in Kitsault, British Columbia. The aggregate consideration is $100,000
and 250,000 common shares that are payable in tranches over a 48 month period.
The claims are subject to a 2% Net Smelter Royalty of which the Company may
purchase half for $1,000,000 subject to further Exchange review and
acceptance.
TSX-X
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BRANDENBURG METALS CORP. ("BBM.P")
BULLETIN TYPE: Resume Trading, Qualifying Transaction-Announced
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
Effective at the opening Monday, April 26, 2010, trading in the Company's
shares will resume.
This resumption does not constitute acceptance of the Company's proposed
acquisition under the terms of an option agreement between Brandenburg Metals
Corp. (the "Company"), Rubicon Minerals Corp. and Perry English dated January
25, 2010 of an option to acquire a 100% interest in the Pattullo Property (the
'Qualifying Transaction'), as described in the Company's news release dated
January 29, 2010 and should not be construed as an assurance of the merits of
the transaction or the likelihood of completion.
The Company is required to submit all of the required initial
documentation relating to the Qualifying Transaction within 75 days of the
issuance of the news release. IF THIS DOCUMENTATION IS NOT PROVIDED, OR IS
INSUFFICIENT, A TRADING HALT MAY BE RE-IMPOSED.
Completion of the transaction is subject to a number of conditions. Prior
to the Exchange granting final acceptance of the Qualifying Transaction, the
Company must satisfy the Exchange's Minimum Listing Requirements. There is a
risk that the transaction will not be accepted or that the terms of the
transaction may change substantially prior to acceptance. SHOULD THIS OCCUR, A
TRADING HALT MAY BE RE-IMPOSED.
TSX-X
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CLOUDBREAK RESOURCES LTD. ("CDB")
BULLETIN TYPE: Consolidation
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders on March 31, 2010,
the Company has consolidated its capital on a 10 old for 1 new basis. The name
of the Company and trading symbol have not been changed.
Effective at the opening Monday, April 26, 2010, the common shares of
Cloudbreak Resources Ltd. will commence trading on TSX Venture Exchange on a
consolidated basis. The Company is classified as a 'Mining
Exploration/Development' company.
Post - Consolidation
Capitalization: Unlimited shares with no par value of which
10,902,763 shares are issued and outstanding
Escrow: Nil shares are subject to escrow
Transfer Agent: CIBC Mellon Trust Company
Trading Symbol: CDB (UNCHANGED)
CUSIP Number: 189122 20 3 (new)
TSX-X
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EMGOLD MINING CORPORATION ("EMR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced March 4, 2010 and April 12, 2010:
Second Tranche:
Number of Shares: 1,400,000 shares
Purchase Price: US$0.25 per share
Warrants: 1,400,000 share purchase warrants to purchase
1,400,000 shares
Warrant Exercise Price: US$0.35 for a two year period
Number of Placees: 1 placee
Finder's Fee: US$28,000 cash and 112,000 warrants payable to
PowerOne Capital Markets Limited.
- Finder's fee warrants are exercisable at
US$0.25 per share for two years.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s). The Company must also
issue a news release if the private placement does not close promptly. Note
that in certain circumstances the Exchange may later extend the expiry date of
the warrants, if they are less than the maximum permitted term.
TSX-X
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FLYING A PETROLEUM LTD. ("FAB")
BULLETIN TYPE: Halt
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
Effective at 9:45 a.m. PST, April 23, 2010, trading in the shares of the
Company was halted pending clarification of news, all trades today were
expunged pending clarification of the consolidation bulletin; this regulatory
halt is imposed by Investment Industry Regulatory Organization of Canada, the
Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1)
of the Universal Market Integrity Rules.
TSX-X
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FLYING A PETROLEUM LTD. ("FAB")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
Effective at the opening, April 26, 2010, shares of the Company will
resume trading, an announcement having been made over StockWatch.
TSX-X
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G4G RESOURCES LTD. ("GXG")
BULLETIN TYPE: Warrant Term Extension, Remain Halted
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of
the following warrants:
Private Placement:
No. of Warrants: 2,600,000
Original Expiry Date of Warrants: April 25, 2010
New Expiry Date of Warrants: September 30, 2010
Exercise Price of Warrants: $0.45
These warrants were issued pursuant to a private placement of 2,600,000
shares with 2,600,000 share purchase warrants attached, which was accepted for
filing by the Exchange effective April 25, 2008.
Trading in the shares of the Company will remain halted.
TSX-X
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GOLD SUMMIT CORPORATION ("GSM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to
an option agreement (the "Agreement") dated February 28, 2010, between Gold
Summit Corporation (the "Company") and an arm's length party (the "Optionor").
Pursuant to the Agreement, the Company shall have the option to acquire a 100%
interest in 27 mineral claim units in Dent Township, Ontario.
As consideration, the Company must issue the Optionor an aggregate of
300,000 shares with three years. The Issuer shall pay the Optionor a 2% net
smelter royalty (the "NSR") so long as production continues. The Company shall
have the option to purchase 50% of the NSR at any time by making a payment of
$1,000,000.
For further information, please refer to the Company's press release dated
March 17, 2010.
TSX-X
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GMV MINERALS INC. ("GMV")
BULLETIN TYPE: Consolidation
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders December 29, 2009,
the Company has consolidated its capital on a 2 old for 1 new basis. The name
of the Company has not been changed.
Effective at the opening Monday, April 26, 2010 shares of GMV Minerals
Inc. will commence trading on TSX Venture Exchange on a consolidated basis.
The Company is classified as a 'Mining' company.
Post - Consolidation
Capitalization: Unlimited shares with no par value of which
16,921,727 shares are issued and outstanding
Escrow: 1,117,052 shares are subject to escrow
Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: GMV (UNCHANGED)
CUSIP Number: 3620M1 20 4 (new)
TSX-X
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GUARDIAN EXPLORATION INC. ("GX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 23, 2010
TSX Venture Tier 1 Company
Effective at the opening Monday, April 26, 2010 trading in the shares of
the Company will resume trading. Please refer to the Company's press release
dated April 22, 2010, for further information.
TSX-X
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INDICATOR MINERALS INC. ("IME")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated April 22, 2010, the
Exchange has accepted an amendment with respect to the first tranche of a
Non-Brokered Private Placement announced March 29, 2010. Union Securities Ltd.
will receive 74,375 finder warrants in addition to the cash and flow-through
units they are receiving and Northern Securities Inc. will receive $3,850 and
42,000 finder warrants.
TSX-X
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INTERGOLD LTD. ("IGO.A")
BULLETIN TYPE: Delist-Offer to Purchase
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
Effective at the close of business April 26, 2010, the common shares of
Intergold Ltd. will be delisted from TSX Venture Exchange. The delisting of
the Company's shares results from Intergold Acquisition Corp. purchasing 100%
of the Company's shares pursuant to an Offer to Purchase Agreement dated March
16, 2010. Intergold Ltd. shareholders will receive $0.16 per share for each
share held. For further information please refer to Offer and Take-Over Bid
circular dated March 16, 2010 and the company's news release dated April 21,
2010.
TSX-X
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JOURDAN RESOURCES INC. ("JRN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to
an arm's length agreement dated April 20, 2010 between Glenn Griesbach,
Wilhelm Lambertz, John-Mark Staude, Kamaleddin S. Salmasi and the Company, in
connection with the acquisition by the Company of the right to earn a 100%
interest in 57 claims totaling 3,024 hectares in the sector of the Lac Pivert
Property, located south of the community of La Grande (Quebec).
Under the terms of the Agreement, the Company is required to issue a total
of 5,000,000 shares (3,000,000 shares at the signing date and 2,000,000 shares
on or before the first anniversary date of the agreement) and make cash
payments of an aggregate of $50,000 ($30,000 at the signing date and $20,000
on or before the first anniversary date of the agreement).
The Company will also be required to pay a net smelter royalty of 2 % of
which 1% may be repurchased for $1,000,000.
The Company has paid a finder's fee to Mr. Bertrand Brassard in the form
of 3,000,000 shares.
For further information, please refer to the Company's press release dated
April 21, 2010.
RESSOURCES JOURDAN INC. ("JRN")
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 23 avril 2010
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents en vertu d'une
entente à distance datée du 20 avril 2010 entre Glenn Griesbach, Wilhelm
Lambertz, John-Mark Staude, Kamaleddin S. Salmasi et la société, selon
laquelle la société a le droit d'acquérir un intérêt de 100 % dans 57 claims
miniers totalisant 3 024 hectares dans le secteur de la propriété du Lac
Pivert, située au sud de la communauté de La Grande (Québec).
Selon les termes de l'entente, la société doit émettre un total de 5 000
000 d'actions (3 000 000 d'actions à la date de signature et 2 000 000
d'actions d'ici le premier anniversaire de l'entente) et effectuer des
paiements totalisant 50 000 $ (30 000 $ à la date de signature et 20 000 $
d'ici le premier anniversaire de l'entente).
La société devra également payer une royauté équivalente à 2 % du produit
brut de fonderie dont 1 % peut être racheté pour un montant de 1 000 000 $.
La société a payé un honoraire d'intermédiation à M. Bertrand Brassard
sous la forme de 300 000 actions.
Pour plus d'information, veuillez référer au communiqué de presse émis par
la société le 21 avril 2010.
TSX-X
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MACARTHUR MINERALS LIMITED ("MMS")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated April 22, 2010, the Company
has advised that the following information regarding the finder's fees is
amended:
Finders' Fees: $329,700 cash and 219,800 warrants exercisable
at $1.80 for three years payable to Macquarie
Capital Markets Canada Ltd.
$112,350 cash and 74,900 warrants (same terms as
above) payable to PowerOne Capital Corp.
$63,000 cash and 42,000 warrants (same terms as
above) payable to Jennings Capital Inc.
$3,675 cash and 2,450 warrants (same terms as
above) payable to Raymond James Ltd.
TSX-X
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NQ EXPLORATION INC. ("NQE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to
an option agreement dated April 12, 2010, between D'Arianne Resources Inc.
("D'Arianne") and the Company, whereby the Company may obtain an initial 50%
interest in the 15 claims comprising the Brouillan Property, located in the
Northern Abitibi region of the province of Québec.
In order to obtain an initial 50% interest, the Company must issue 700,000
common shares to D'Arianne (100,000 within the first year upon signing) over a
four-year period, and engage in $500,000 in exploration work over four years
($25,000 within the first year). Upon completion of $500,000 in exploration
work, the Company will be granted a subsequent option to earn an additional
30% interest in the property for an additional two year period.
For further information, please refer to the Company's press release dated
April 13, 2010.
EXPLORATION NQ INC. ("NQE")
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 23 avril 2010
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents en vertu d'une
convention datée du 19 avril 2010, entre Ressources d'Arianne inc.
("d'Arianne") et la société, relativement à l'acquisition d'un intérêt de 50 %
dans les 15 claims de la propriété Brouillan, située dans le nord de la région
d'Abitibi, dans la province de Québec.
Afin d'obtenir un intérêt initial de 50 %, la société doit émettre 700 000
actions ordinaires sur une période de quatre ans (100 000 pendant la première
année) et effectuer 500 000 $ en travaux d'exploration (25 000 $ pendant la
première année). Dès que la société a complété 500 000 $ en travaux, elle se
verra octroyée l'option d'acquérir un intérêt additionnel de 30 % pendant une
période de deux ans supplémentaires.
Pour plus d'information, veuillez-vous référer au communiqué de presse
émis par la société le 13 avril 2010.
TSX-X
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OUTLOOK RESOURCES INC. ("OLR")
BULLETIN TYPE: Halt
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
Effective at 12:10 p.m. PST, April 23, 2010, trading in the shares of the
Company was halted at the request of the Company, pending an announcement;
this regulatory halt is imposed by Investment Industry Regulatory Organization
of Canada, the Market Regulator of the Exchange pursuant to the provisions of
Section 10.9(1) of the Universal Market Integrity Rules.
TSX-X
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PINNACLE MINES LTD. ("PNL.RT")
BULLETIN TYPE: Rights Expiry-Delist
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
Effective at the opening, April 27, 2010, the Rights of the Company will
trade for cash. The Rights expire April 30, 2010 and will therefore be
delisted at the close of business April 30, 2010.
TRADE DATES
April 27, 2010 - TO SETTLE - April 28, 2010
April 28, 2010 - TO SETTLE - April 29, 2010
April 29, 2010 - TO SETTLE - April 30, 2010
April 30, 2010 - TO SETTLE - April 30, 2010
The above is in compliance with Trading Rule C.2.18 - Expiry Date:
Trading in the rights shall be for cash for the three trading days
preceding the expiry date and also on expiry date. On the expiry date, trading
shall cease at 12 o'clock noon E.T. and no transactions shall take place
thereafter except with permission of the Exchange.
TSX-X
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PURE INDUSTRIAL REAL ESTATE TRUST ("AAR.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: April 23, 2010
TSX Venture Tier 1 Company
The Issuer has declared the following distribution:
Distribution per Trust Unit: $0.025
Payable Date: May 17, 2010
Record Date: April 30, 2010
Ex-Distribution Date: April 28, 2010
TSX-X
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QUEST RARE MINERALS LTD. ("QRM")
(formerly Quest Uranium Corporation ("QUC"))
BULLETIN TYPE: Name Change
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
The Company has changed its name from Quest Uranium Corporation to Quest
Rare Minerals Ltd. There is no consolidation of capital.
Effective at the opening Monday, April 26, 2010, the common shares of
Quest Rare Minerals Ltd. will commence trading on TSX Venture Exchange and the
common shares of Quest Uranium Corporation will be delisted. The Company is
classified as a "Mineral Exploration/Development" issuer.
Capitalization: Unlimited number of common shares without par
value of which
40,901,342 shares are issued and outstanding
Escrow: 1,122,907
Transfer Agent: Computershare Investor Services Inc. - Montréal
and Toronto
Trading Symbol: QRM (new)
CUSIP Number: 74836T 10 1 (new)
MINÉRAUX RARES QUEST LTÉE ("QRM")
(Anciennement Corporation Uranium Quest ("QUC"))
TYPE DE BULLETIN : Changement de dénomination sociale
DATE DU BULLETIN : Le 23 avril 2010
Société du groupe 2 de TSX Croissance
La société a modifié sa dénomination sociale de Corporation Uranium Quest
à Minéraux Rares Quest Ltée. Il n'y a pas de consolidation du capital-actions.
Les actions ordinaires de Minéraux Rares Quest Ltée seront admises à la
négociation de Bourse de croissance TSX à l'ouverture des affaires le 26 avril
2010 et les actions ordinaires de Corporation Uranium Quest seront retirées de
la cote. La société est catégorisée comme une "société d'exploration et de
développement minier".
Capitalisation : Un nombre illimité d'actions ordinaires sans
valeur nominale, dont 40 901 342 actions sont
émises et en circulation
Titres entiercés : 1 122 907
Agent des transferts : Services aux Investisseurs Computershare inc.
- Montréal et Toronto
Symbole au téléscripteur : QRM (nouveau)
Numéro de CUSIP : 74836T 10 1 (nouveau)
TSX-X
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QUETZAL ENERGY LTD. ("QEI")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced February 25, 2010:
Number of Shares: 58,816,000 shares
Purchase Price: $0.14 per share
Warrants: 58,816,000 share purchase warrants to purchase
58,816,000 shares
Warrant Exercise Price: $0.20 until October 26, 2011
Number of Placees: 35 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Graham Saunders P 750,000
Robert Hatfield P 200,000
Craig Warren P 200,000
Simon Akit P 25,000
Steven B. Gieni Y 178,500
Agent's Fee: An aggregate 4,117,120 agent's options and
4,117,120 agent's units issuable to Canaccord
Financial Ltd. and Clarus Securities Inc. Each
agent's option is exercisable into one common
share at a price of $0.14 per share until
October 26, 2011. Each agent's unit consists of
a common share and one common share purchase
warrant. Each common share purchase warrant is
exercisable into one common share at a price of
$0.20 per share until October 26, 2011.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has
issued a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s). Note that in certain
circumstances the Exchange may later extend the expiry date of the warrants,
if they are less than the maximum permitted term.
TSX-X
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ST. ELIAS MINES LTD. ("SLI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced March 10, 2010:
Number of Shares: 2,700,000 shares
Purchase Price: $0.75 per share
Warrants: 2,700,000 share purchase warrants to purchase
2,700,000 shares
Warrant Exercise Price: $1.00 for a one year period
Number of Placees: 34 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Robert Saunders P 25,000
David Elliott P 50,000
Andrew Williams P 25,000
Lori McClenehan Y 106,667
Senojoc Management Inc.
(Lori McClenehan) Y 47,585
Finder's Fee: 79,600 units payable to Elco Securities Limited
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s). The Company must also
issue a news release if the private placement does not close promptly.
TSX-X
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SUROCO ENERGY INC. ("SRN")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated April 20, 2010, effective
at the opening, April 23, 2010 trading in the shares of the Company will
remain halted pending receipt and review of acceptable documentation regarding
the Change of Business and/or Reverse Takeover pursuant to Listings Policy
5.2.
TSX-X
------------------------------
TAKU GOLD CORP. ("TAK")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of an
Option Agreement dated March 30, 2010 between the Company and Shawn Ryan (the
"Optionor") whereby the Company may acquire a 100% interest in 120 claims
forming the Rose Property (the "Property") located 65km south of Dawson City
in the White Gold district of the Yukon.
The total consideration payable to the Optionor consists of cash payments
totaling $325,000; a total share issuance of 1,000,000 shares and incurring
exploration expenditures on the Property in the amount of $1,000,000 all
payable in stages over a four year period.
A finders fee is payable to Greg Feteke in the amount of 75,000 common
shares.
TSX-X
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TOUCHDOWN RESOURCES INC. ("TDW")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced February 2, 2010:
Number of Shares: 880,000 shares
Purchase Price: $0.15 per share
Warrants: 880,000 share purchase warrants to purchase
880,000 shares
Warrant Exercise Price: $0.25 for a one year period
$0.35 in the second year
If the Company's shares trade at or above the
weighted average trading price of $0.40 per
share for a period of 10 consecutive trading
days the Company shall give notice via news
release that the warrants will expire 30 days
from the date of such notice.
Number of Placees: 10 placees
Finders' Fees: $3,525 and 23,500 broker warrants payable to PI
Financial Corp.
$3,225 and 21,500 broker warrants payable to
Canaccord Financial Ltd.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s). The Company must also
issue a news release if the private placement does not close promptly.
TSX-X
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TOUCHDOWN RESOURCES INC. ("TDW")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced February 2, 2010:
Number of Shares: 3,745,000 shares
Purchase Price: $0.12 per share
Warrants: 3,745,000 share purchase warrants to purchase
3,745,000 shares
Warrant Exercise Price: $0.17 for a one year period
$0.25 in the second year
If the Company's shares trade at or above the
weighted average trading price of $0.30 per
share for a period of 10 consecutive trading
days the Company shall give notice via news
release that the warrants will expire 30 days
from the date of such notice.
Number of Placees: 19 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Kerry Chow P 300,000
Dave Garnett P 100,000
Roberto Chu P 100,000
Finders' Fees: $31,800 and 265,000 broker warrants payable to
PI Financial Corp.
$8,640 and 72,000 broker warrants payable to
Canaccord Financial Ltd.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s). The Company must also
issue a news release if the private placement does not close promptly.
TSX-X
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WESTERN CANADA ENERGY LTD. ("WCE")
BULLETIN TYPE: Halt
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
Effective at the opening, April 23, 2010, trading in the shares of the
Company was halted at the request of the Company, pending an announcement;
this regulatory halt is imposed by Investment Industry Regulatory Organization
of Canada, the Market Regulator of the Exchange pursuant to the provisions of
Section 10.9(1) of the Universal Market Integrity Rules.
TSX-X
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For further information: Market Information Services at 1-888-873-8392, or email: [email protected]
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