VANCOUVER, May 31 /CNW/ -
TSX VENTURE COMPANIES
AMALFI CAPITAL CORPORATION ("ALI.P")
BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction
within 24 months of Listing
BULLETIN DATE: May 31, 2010
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated April 7, 2010,
effective at the opening Tuesday, June 1, 2010, trading in the shares of the
Company will be suspended, the Company having failed to complete a Qualifying
Transaction within 24 months of its listing.
Members are prohibited from trading in the securities of the Company
during the period of the suspension or until further notice.
TSX-X
-------------------------------
ARGENTEX MINING CORPORATION ("ATX")
BULLETIN TYPE: Halt
BULLETIN DATE: May 31, 2010
TSX Venture Tier 2 Company
Effective at 7:00 a.m. PST, May 31, 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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CONFEDERATION MINERALS LTD. ("CFM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 31, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 16, 2010:
Number of Shares: 1,684,666 shares
Purchase Price: $0.15 per share
Warrants: 1,684,666 share purchase warrants to purchase
1,684,666 shares
Warrant Exercise Price: $0.25 for a two year period
Number of Placees: 6 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Lawrence Dick Y 337,000
Peter Bryant Y 337,000
Primarius Capital
Corporation
(Kenneth Holmes) Y 270,000
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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CRITICAL OUTCOME TECHNOLOGIES INC. ("COT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 31, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 29, 2010:
Number of Shares: 3,151,101 shares
Purchase Price: $0.35 per share
Warrants: 1,575,500 share purchase warrants to purchase
1,575,500 shares
Warrant Exercise Price: $0.55 for an eighteen (18) month period
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Bruno Maruzzo Y 10,000
Michael Cloutier Y 42,858
Whippoorwill Holdings
Ltd. (John C. Drake) Y 142,857
Kathleen Ferguson Y 186,000
Gene Kelly Y 51,429
Murray Wallace Y 10,000
Douglas S. Alexander Y 30,000
Wayne R. Danter Y 142,857
Finder's Fee: An aggregate of $37,158 in cash and 106,250
finders' warrants payable to Altus Securities
Inc., Canaccord Financial Ltd., Financière
Banque Nationale, CIBC Wood Gundy and Wellington
West Capital Inc. Each finder's warrant entitles
the holder to acquire one common share at $0.40
for an eighteen (18) month period.
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.
For further details, please refer to the Company's news release dated May
28, 2010.
TSX-X
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CROWN POINT VENTURES LTD. ("CWV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 31, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 26, 2010:
Second Tranche:
Number of Shares: 1,567,516 shares
Purchase Price: $0.75 per share
Warrants: 783,758 Series A share purchase warrants to
purchase 783,758 shares and 783,758 Series B
share purchase warrants exercisable at $1.50 per
share for three years from the closing date
Warrant Exercise Price: $1.00 for a two year period for Series A
warrants
Number of Placees: 28 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P No. of Shares
Jay Harris P 50,000
Arlene Barkun Cain P 20,000
Martin Walter Y 100,000
Finders' Fees: $11,880 cash and *21,120 Finder's Options
payable to TD Waterhouse Canada
(xx)17,100 units payable to Cormel Capital Sarl
(Blaise Yerly)
$2,700 cash, (xx)600 units and *5,600 Finder's
Options payable to Canaccord Financial Ltd.
*Finder's Options are exercisable at $0.75 per
unit and units are under the same terms as those
to be issued pursuant to the private placement.
(xx)Finder's Fee Units are under the same terms
as those to be issued pursuant to the private
placement.
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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DECADE RESOURCES LTD. ("DEC")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 31, 2010
TSX Venture Tier 2 Company
Effective at the 8:00 a.m. PST, May 31, 2010, shares of the Company
resumed trading, an announcement having been made over Marketwire.
TSX-X
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DOREX MINERALS INC. ("DOX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 31, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Option Agreement dated
March 29, 2010 between Dorex Minerals Inc. (the "Company") and Vladimir Poc,
whereby the Company has agreed to acquire a 90% interest in and to the Kratke
mining exploration property located in Slovak Republic. In consideration, the
Company will pay $90,000 cash ($65,000 in the first year), issue 1,400,000
shares (900,000 shares in the first year) and incur exploration expenditures
in the amount of $200,000 over a two-year period.
TSX-X
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DOREX MINERALS INC. ("DOX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 31, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 16, 2010:
Number of Shares: 2,750,000 shares
Purchase Price: $0.08 per share
Warrants: 2,750,000 share purchase warrants to purchase
2,750,000 shares
Warrant Exercise Price: $0.11 for a two year period
Number of Placees: 6 placees
Finder's Fee: $14,000 cash payable to Viera Adamec
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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EAGLE HILL EXPLORATION CORPORATION ("EAG")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: May 31, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced May 12, 2010:
Number of Shares: 7,500,000 non flow-through shares
9,000,000 flow-through shares
Purchase Price: $0.20 per non flow-through share
$0.25 per flow-through share
Warrants: 12,000,000 share purchase warrants to purchase
12,000,000 shares
Warrant Exercise Price: $0.30 for a one year period
Number of Placees: 56 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Ian Haar P 50,000
Jane McKenna P 150,000
Gord Baker P 200,000
Shirley Prittie P 50,000
Alberto Galeone P 570,000
Jay Smith P 400,000
David John McLeish P 120,000
David Jones P 80,000
Rene Laverdiere P 100,000
John K. Gallagher P 50,000
Agent's Fee: $128,812.50 cash, *495,000 flow-through
warrants and (xx)412,500 non flow-through
warrants payable to IBK Capital Corp.
$74,812.50 cash, *315,000 flow-through
warrants and (xx)262,500 non flow-through
warrants payable to Laurentian Bank Securities
Inc.
$21,375.00 cash, *90,000 flow-through warrants
and (xx)75,000 non flow-through warrants payable
to Industrial Alliance Securities Inc.
*Flow-through warrants are exercisable at
$0.25 per share for four years.
(xx)Non flow-through warrants are exercisable at
$0.20 per share for four 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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EMINENCE CAPITAL II INC. ("EII.P")
BULLETIN TYPE: CPC-Filing Statement, Remain Halted
BULLETIN DATE: May 31, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's CPC Filing
Statement dated May 31, 2010, for the purpose of filing on SEDAR.
TSX-X
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EYELOGIC SYSTEMS INC. ("EYE.A")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: May 31, 2010
TSX Venture Tier 2 Company
The Issuer has declared the following dividend:
Dividend per Class A Share: $0.04
Payable Date: June 30, 2010
Record Date: June 23, 2010
Ex-Dividend Date: June 21, 2010
TSX-X
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KENIEBA GOLDFIELDS LTD. ("KEN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 31, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing, an Option Agreement dated
April 12, 2010, between the Company, Main Discovery Limited, and Falco
Resources Limited whereby the Company is granted an option to acquire a 70%
interest in certain mineral claims known as the Sebembere Copper Project
located near Kabwe, Zambia in exchange for US$750,000 cash, 2,000,000 shares
at a deemed price of $0.06 per share, and incurring US$4,000,000 in
exploration expenditures on the property over a 4 year period.
Insider/Pro Group Participation: N/A
TSX-X
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NEW RANGE RESOURCES LTD. ("RGE")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: May 31, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a
Purchase and Sale Agreement dated April 26, 2010 (the "Agreement") between the
Company and New North Resources Ltd. (the "Vendor"). As per the terms of the
Agreement, the Company will sell all of its working interest in the petroleum
and natural gas assets located in the Lodgepole, Pembina and Herronton areas
of Alberta, together with various minor non-working interests. In
consideration, the Vendors will pay the Company $1,250,000 cash.
TSX-X
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NORDIC OIL AND GAS LTD. ("NOG")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: May 31, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a
Subscription and Royalty Agreement (the "Agreement") between the Company and
various subscribers (the "Purchasers"). As per the terms of the Agreement, the
Company is offering royalty units at a price f $25,000 per unit. In exchange,
the purchaser will earn a 3% overriding royalty interest on certain of the
Company's oil and gas properties located in the Lloydminster, Alberta area.
A finder's fee of $27,500 cash was paid to Dalton DuPasquier for
introducing subscribers to the Company.
TSX-X
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OROANDES RESOURCE CORP. ("OAR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 31, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 12, 1010:
Number of Shares: 2,945,000 shares
Purchase Price: $0.085 per share
Warrants: 2,945,000 share purchase warrants to purchase
2,945,000 shares
Warrant Exercise Price: $0.11 for a five year period
Number of Placees: 11 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P No. of Shares
Scott LeSage Y 235,000
Stephanie Weterings P 55,000
Sean Gallagher P 250,000
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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RADIANT COMMUNICATIONS CORP. ("RCN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 31, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 7, 2010:
Number of Shares: 4,200,000 shares
Purchase Price: $1.00 per share
Warrants: 200,000 non-transferable share purchase warrants
to purchase 200,000 shares
Warrant Exercise Price: $1.20 for a three year period
Number of Placees: 3 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Pender Growth Fund
(VCC) Inc. Y 2,650,000
Maxam Opportunities
Fund Limited
Partnership
(Johnny Ciampi &
Sean Morrison) Y 1,103,445
Maxam Opportunities
Fund (International)
Limited Partnership
(Johnny Ciampi &
Sean Morrison) Y 446,555
Finder's Fee: $31,000 payable to PI Financial Corp.
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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RIO ALTO MINING LIMITED ("RIO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 31, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced May 20, 2010 and May 28, 2010:
Number of Shares: 11,354,539 shares
Purchase Price: CDN$0.75 per share and US$0.72
Number of Placees: 126 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Zeitler Holdings Corp.
(Klaus Zeitler) Y 100,000
Roger Peter Norwich Y 1,000,000
Finder's Fee: $508,896.96 cash payable to KALLPA Securities
Sociedad Agente de Bolsa S.A.
TSX-X
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SEMCAN INC. ("STT")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: May 31, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated May 25, 2010, effective at
12:04 p.m., PST, May 31, 2010 trading in the shares of the Company will remain
halted pending receipt and review of acceptable documentation.
TSX-X
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SILVER FIELDS RESOURCES INC. ("SF")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 31, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
the first tranche of a Non-Brokered Private Placement announced May 18, 2010:
Number of Shares: 3,450,000 shares
Purchase Price: $0.10 per share
Warrants: 3,450,000 share purchase warrants to purchase
3,450,000 shares
Warrant Exercise Price: $0.15 for a one year period
$0.20 in the second year
Number of Placees: 13 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Kerry Chow P 600,000
Roberto Chu P 150,000
Paul Wan P 50,000
Finder's Fee: PI Financial Corp. receives $32,000 and 320,000
non-transferable warrants, each exercisable for
one share at a price of $0.15 per share in the
first year and at a price of $0.20 per share in
the second year.
Canaccord Wealth Management receives $2,500 and
25,000 non-transferable warrants, each
exercisable for one share at a price of $0.15
per share in the first year and at a price of
$0.20 per share in the second year.
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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SIMBA ENERGY INC. ("SMB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 31, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 14, 2010 and May 17, 2010:
Number of Shares: 31,172,357 shares
Purchase Price: $0.07 per share
Warrants: 31,172,357 share purchase warrants to purchase
31,172,357 shares
Warrant Exercise Price: $0.15 for a two year period
Number of Placees: 79 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Casey Forward Y 1,000,000
Kelly Klatik P 300,000
Dana Gilmon P 800,000
Nick Segounis P 200,000
Robert Dinning Y 1,214,285
Clive Stockdale Y 200,000
David Hamilton Smith P 150,000
Finder's Fee: Canaccord Genuity Corp. receives $18,499.60 and
264,280 non-transferable share purchase
warrants, each exercisable for one share at a
price of $0.15 per share for a two year period.
Global Securities Corp. receives $1,120.00 and
16,000 non-transferable share purchase warrants,
each exercisable for one share at a price of
$0.15 per share for a two year period.
Aberdeen Gould Capital Markets Ltd. receives
1,240,000 non-transferable share purchase
warrants, each exercisable for one share at a
price of $0.10 per share for a two year period.
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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SKEENA RESOURCES LIMITED ("SKE")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: May 31, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 200,000 bonus shares at a deemed price of $0.05 per shares to Ronald K.
Netolitzky in consideration of a three month, interest-free loan in the amount
of $50,000.
TSX-X
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STACCATO GOLD RESOURCES LTD. ("CAT")
BULLETIN TYPE: Plan of Arrangement
BULLETIN DATE: May 31, 2010
TSX Venture Tier 2 Company
Plan of Arrangement:
TSX Venture Exchange has approved the Company's proposed Plan of
Arrangement under section 288 of the Business Corporations Act (British
Columbia). The Plan of Arrangement was approved by a special resolution passed
by the Company's shareholders at a meeting held on May 21, 2010. The Exchange
has been advised that the Plan of Arrangement and transactions involved
therewith will close and be given effect on June 2, 2010.
The Plan of Arrangement, which is fully described in the Company's
Information Circular, dated April 20, 2010, effectively involves Timberline
Resources Corporation ('Timberline'), acquiring all of the issued and
outstanding common shares of Staccato Gold Resources Ltd.('Staccato Shares')
as follows:
- Staccato shareholders will receive one common share of Timberline in
exchange for every seven Staccato Shares. In addition, Staccato
shareholders will receive US$0.0001 for each Staccato Share held;
- certain Staccato optionholders will receive Timberline options to
acquire one Timberline Share in exchange for every seven Staccato
options; and
- Staccato warrantholders will receive a right to receive one
Timberline warrant in exchange for every seven Staccato warrants.
Upon completion of the Arrangement, Staccato will be a wholly-owned
subsidiary of Timberline, and the common shares of Timberline will be listed
in substitution for Staccato Gold Resources Ltd. common shares.
TSX-X
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TERRAX MINERALS INC. ("TXR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 31, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced May 17, 2010:
Number of Shares: 3,631,267 shares
Purchase Price: $0.30 per share
Warrants: 1,815,633 share purchase warrants to purchase
1,815,633 shares
Warrant Exercise Price: $0.40 for a two year period
Number of Placees: 51 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Claudia DiMaio P 83,300
Michael Irwin P 83,300
Scott Hunter P 100,000
Brett Whalen P 670,000
Laurence Curtis P 80,000
Dianne Drummond P 165,000
Brian Butterworth P 30,000
Tony Frakes Y 100,000
Paul Reynolds Y 100,000
Finder's Fee: $26,040 and 86,800 finder's warrants payable to
Mackie Research Capital Corporation.
$7,812 and 26,040 finder's warrants payable to
Cannacord Genuity Corp.
$6,265 and 20,833 finder's warrants payable to
Wolverton Securities Ltd.
$4,725 and 15,750 finder's warrants payable to
PI Financial Corp.
$4,200 and 14,000 finder's warrants payable to
Haywood Securities Inc.
$15,750 and 52,500 finder's warrants payable to
Clarus Securities Inc.
$3,499 and 11,662 finder's warrants payable to
Raymond James Ltd.
$5,215 payable to Tydewell Consulting 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
-------------------------------
URBAN COMMUNICATIONS INC. ("UBN")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: May 31, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to the
Agreement of Purchase and Sale dated February 12, 2010 between the Company and
Persona Communications Inc., whereby the Company has agreed to sell all the
issued and outstanding shares of its two wholly-owned operating subsidiaries,
Urban Utility Corp. and Urban Networks Inc. in consideration of $5,800,000 and
a possible contingent payment of up to $1,700,000.
TSX-X
-------------------------------
VULCAN MINERALS INC. ("VUL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 31, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 13 and May 4, 2010:
Number of Shares: 3,839,286 flow-through shares ("FT Shares")
2,537,500 Units
Each Unit consists of one common share and one
half of one common share purchase warrant
Purchase Price: $0.70 per FT Share
$0.60 per Unit
Warrants: 1,268,750 share purchase warrants to purchase
1,268,750 shares
Warrant Exercise Price: $0.80 for up to 18 months from date of issuance.
Warrants are subject to an accelerated provision
(the "Provision") as outlined in the Company's
May 4, 2010 press release
Number of Placees: 55 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Securities
D&D Securities Inc.
(D&D Securities Inc.) P 130,650 Units
K. Andrew Gustajtis P 166,667 Units
Industrial Alliance
Securities Inc.
(Industrial Alliance
Securities Inc.) P 130,650 Units
Jennings Capital Inc.
(Jennings Capital Inc.) P 29,033 Units
Robert Rose Investments
Ltd. (Robert F. Rose) P 333,500 Units
Pinetree Resource
Partnership
(Sheldon Inwentash) Y 1,000,000 Units
Sheldon Inwentash Y 500,000 FT Shares
Finder's Fee: $132,615 cash and 143,478 warrants ("Finders
Warrants") payable to D&D Securities Inc.
$132,615 cash and 143,478 Finders Warrants
payable to Industrial Alliance Securities Inc.
$29,470 cash and 31,884 Finders Warrants payable
to Jennings Capital Inc.
Each Finders Warrant is exercisable for one
common share at a price of $0.80 per share for
up to 18 months from date of issuance and are
also subject to the Provision.
TSX-X
-------------------------------
WAYMAR RESOURCES LTD. ("WYM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 31, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of a
Letter of Intent dated February 17, 2010 between the Issuer and Exman Ltda.,
Continental Gold Inc., Julian Betancur, Arelis de Mejia O., Eucardo Meija R.,
and Robert Shaw (collectively, the "Optionors") whereby the Issuer may acquire
a 100% interest in the property known as the Anza project located in Columbia.
The total consideration payable to the Optionors is US$3,750,000 cash, the
issuance of a total of 3,500,000 common shares of the Company and property
exploration expenditures in the amount of US$4,000,000 all payable in stages
over a three year period.
The Optionors will retain a 2% net smelter return royalty, of which
one-half may be purchased for US$1,000,000.
TSX-X
-------------------------------
YANGARRA RESOURCES LTD. ("YGR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 31, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced May 20, May 25 and May 26, 2010:
Number of Shares: 3,745,454 flow-through shares ("FT Shares")
Purchase Price: $0.55 per FT Share
Number of Placees: 24 placees
No Insider/Pro Group Participation.
Finder's Fee: $164,800 cash payable to Charlton Capital Corp.
(William Charlton)
TSX-X
-------------------------------
NEX COMPANIES
COMPASS PETROLEUM LTD. ("CPO")
(formerly Sun Red Capital Corporation ("SSQ.H"))
BULLETIN TYPE: Resume Trading, Qualifying Transaction-Completed/Symbol
Change, Private Placement Brokered, Name Change, Graduation from NEX to
TSX Venture, Correction
BULLETIN DATE: May 31, 2010
NEX Company
CORRECTION:
Further to the TSX Venture Exchange Bulletin dated May 28, the Bulletin
should have read as follows:
Qualifying Transaction - Completed:
Pursuant to an arms-length Amalgamation Agreement dated February 26, 2010
and amended March 26, 2010 the Company has acquired all of the issued and
outstanding shares of Compass Petroleum Ltd. ("Compass"). As consideration,
the shareholders of Compass were issued 23,938,294 shares of Sun Red at a
deemed price of $1.50 per share for a total deemed consideration of
$35,907,441. 20,567,909 of the Sun Red shares issued to the former
shareholders of Compass will be subject to a TSX Venture Exchange Tier 1 Value
Security escrow agreement.
Transfer Agent: Valiant Trust Company
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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