TSX Venture Exchange Daily Bulletins

VANCOUVER, May 12 /CNW/ -

TSX VENTURE COMPANIES:

AMARILLO GOLD CORPORATION ("AGC")
BULLETIN TYPE:  Private Placement-Brokered
BULLETIN DATE:  May 12, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced April 13, 2011:

Number of Shares:            6,700,934 shares      
                   
Purchase Price:            $1.50 per share      
                   
Warrants:            3,350,467 share purchase warrants to purchase 3,350,467 shares      
                   
Warrant Exercise Price:            $2.00 for an 18 month period      
                   
Number of Placees:            39 placees      
                   
Insider / Pro Group Participation:                  
                   

Name 
          Insider=Y /
ProGroup=P /  
   
# of Shares
Teepy Tang 
Han Occi Capital
(Michael Durose) 
James Todd Bruce 
         


    3,000

106,667
10,000
                   
Agents' Fees: 


          $513,592.08 cash and 313,128 broker warrants payable to PI Financial Corp.
$1,225 cash and 750 broker warrants payable to Haywood Securities Inc.
$567 cash and 378 broker warrants payable to Pollitt & Co. Inc.
- Broker warrants are exercisable at $1.50 for 18 months.
   

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.

________________________________________

BELL COPPER CORPORATION ("BCU")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  May 12, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 11,501,640 shares and 11,501,640 share purchase warrants to settle outstanding debt for $2,300,328.14.  Each warrant is exercisable into a common share at $0.35 per share for an 18-month period.

Number of Creditors:                  1 Creditor

The Company shall issue a news release when the shares are issued and the debt extinguished.

________________________________________

CANAM COAL CORP. ("COE")
BULLETIN TYPE:  Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE:  May 12, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation pursuant to a Purchase and Sale Agreement (the "Agreement") and Option Agreement (together the "Agreements") effective May 1, 2011 between Radar USA Hold Corp. ("Radar USA"), a wholly owned subsidiary of the Company, and Birmingham Coal & Coke Co., Inc. (the "BCC").  As per the terms of the Agreements the Radar USA will acquire 50% of all of the issued and outstanding shares of BCC.  In consideration Radar USA will pay BCC USD$8,000,000 cash and issue 12,500,000 shares of the Company at a deemed price of $0.24 per share.  The Company has the option to acquire an additional 30% of BCC within 2 years from the closing of the transaction and the remaining 20% of BCC within a 5 year period from the closing of the transaction.

No Insider / Pro Group Participation.

________________________________________

CANGOLD LIMITED ("CLD")
BULLETIN TYPE: Resume Trading, Reverse Takeover-Announced
BULLETIN DATE:  May 12, 2011
TSX Venture Tier 2 Company

Effective at the open, Friday, May 13, 2011, trading in the Company's shares will resume.

This resumption of trading does not constitute acceptance of the Company's previously announced proposed acquisition of an option to acquire a 75% interest in a subsidiary of Brigus Gold Corp. which holds the Ixhuatan Project (the 'Reverse Takeover') (as described in the Company's press release of April 26, 2011), 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 Reverse Takeover 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, including but not limited to, Exchange acceptance.  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.

________________________________________

CONFEDERATION MINERALS LTD. ("CFM")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  May 12, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a Property Option Agreement dated April 14, 2011 between Confederation Minerals Ltd. (the Company) and Mr. Ronald Gangloff whereby the Company can acquire an undivided 35% interest in the Todd Property (18 claims) located in the Red Lake region, Ontario.  Consideration is $50,000 cash and 125,000 common shares payable within 5 business days of approval by the Exchange.

________________________________________

CATCH THE WIND LTD. ("CTW")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 12, 2011
TSX Venture Tier 2 Company

Effective at 9:16 a.m. PST, May 12, 2011, 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.

________________________________________

CATCH THE WIND LTD. ("CTW")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  May 12, 2011
TSX Venture Tier 2 Company

Effective at 10:15 a.m., PST, May 12, 2011, shares of the Company resumed trading, an announcement having been made over Canada News Wire.

________________________________________

CHEMAPHOR INC. ("CFR")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 12, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 870,000 common shares at a deemed price of $0.10 per share, to settle outstanding debts of $87,000.

Number of Creditors:                 4 creditors

The Company will issue a news release when the shares are transferred and the debt is settled.

CHEMAPHOR INC. (« CFR »)
TYPE DE BULLETIN : Émission d'actions en règlement d'une dette
DATE DU BULLETIN : Le 12 mai 2011
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt de la documentation de la société en vertu de l'émission proposée de 870,000 actions ordinaires au prix réputé de 0,10 $ l'action, en règlement de dettes totalisant 87 000 $.

Nombre de créanciers :                  4 créanciers

La société émettra un communiqué de presse quand les actions seront transférées et la dette éteinte.

________________________________________

COLT RESOURCES INC. ("GTP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 12, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement:

Number of Shares:            4,402,000 common shares      
                   
Purchase Price:            $0.72 per common share      
                   
Number of Placees:            22 placees      
                   
Insider / Pro Group Participation:                  
                   

Name
          Insider = Y /
ProGroup = P
   
Number of shares
Declean Costelloe           Y     110,000
                   
Finder's fees:            Simbelli GmbH, Crimson Capital and Regina Fahlbush received collectively $162,732 cash and 311,360 finder's options to subscribe to 311,360 common shares at $0.72 per common share for 18 months following the closing of the private placement.

The Company has issued a news release announcing the closing of the private placement on May 4, 2011.

COLT RESOURCES INC. (« GTP »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 12 mai 2011
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier:

Nombre d'actions :            4 402 000 actions ordinaires      
                   
Prix :            0,72 $ par action ordinaire      
                   
Nombre de souscripteurs :            22 souscripteurs      
                   
Participation Initié / Groupe Pro :                  
                   

Nom
          Initié = Y /
Groupe Pro = P
   
Nombre d'actions
Declean Costelloe           Y     110 000
                   
Honoraires d'intermédiation :            Simbelli GmbH, Crimson Capital et Regina Fahlbush ont reçu collectivement 162 732 $ en espèces ainsi que 311 360 options d'intermédiation permettant de souscrire à 311 360 actions ordinaires au prix de 0,72 $ l'action pour une période de 18 mois suivant la clôture du placement privé.

La société a émis un communiqué de presse annonçant la clôture du placement privé le 4 mai 2011.

________________________________________

COLT RESOURCES INC. ("GTP")
BULLETIN TYPE:  Prospectus-Share Offering
BULLETIN DATE:  May 12, 2011
TSX Venture Tier 2 Company

The Company's Short Form Prospectus dated April 27, 2011 was filed with and accepted by TSX Venture Exchange (the "Exchange") and filed with and receipted by the Ontario, Alberta, and British Columbia Securities Commissions as well as the Autorité des marchés financiers, pursuant to the provisions of the Ontario, Alberta, British Columbia and Québec Securities Acts.

Underwriters:            Canaccord Genuity Corp., Desjardins Securities Inc., Laurentian Bank Securities Inc. and D&D Securities Inc.
             
Offering:            21,000,000 common shares
             
Share Price:            $0.72 per common share
             
Over-Allotment Option:             The Company has granted to the Underwriters, an option to purchase additional common shares up to 15% of the offering at $0.72 per share for a period of 30 days.
             
Underwriters Fee:            6% of the gross proceeds of the Offering in cash, including the sale of any additional shares sold pursuant to the exercise of the Over-Allotment Option and compensation options to purchase a number of common shares equal to 8% of the common shares sold pursuant to the Offering (including upon any exercise of the Over-Allotment Option) at an exercise price of $0.72 per share for a period of 18 months following the closing.

The Exchange has been advised that, pursuant to the offering, 18,600,000 common shares of the Company were issued at a price of $0.72 per common share for aggregate gross proceeds of $13,392,000.

COLT RESOURCES INC. (« GTP »)
TYPE DE BULLETIN : Émission d'actions par prospectus
DATE DU BULLETIN : Le 12 mai 2011
Société du groupe 2 de TSX Croissance

Le prospectus simplifié en date du 27 avril 2011 de la société a été déposé et accepté par la Bourse de croissance TSX (la « Bourse ») et a été déposé et visé par les commissions des valeurs mobilières de l'Ontario, Alberta, Colombie-Britannique et l'Autorité des marchés financiers, et ce, en vertu des dispositions de la Loi sur les valeurs mobilières de l'Ontario, de l'Alberta, de la Colombie-Britannique et du Québec.

Preneurs fermes :          Corporation Canaccord Genuity, Valeurs mobilières Desjardins inc., Valeurs mobilières Banque Laurentienne inc et D&D Securities Inc.
           
Offre :          21 000 000 d'actions ordinaires
           
Prix :          0,72 $ par action ordinaire
           
Option de surallocation :           Une option a été octroyée aux preneurs fermes leur permettant de solliciter et d'accepter des souscriptions pour des actions additionnelles équivalant à 15 % des actions offertes au prix de 0,72 $ par action pour une période de 30 jours.
           
Commission aux preneurs fermes :           Rémunération au comptant égale à 6 % du produit brut du placement, y compris le placement d'actions supplémentaires vendues à la suite de l'exercice de l'option de surallocation et option de rémunération permettant d'acquérir au prix d'offre un nombre d'actions ordinaires correspondant à 8 % du nombre total des actions ordinaires vendues aux termes du placement (incluant l'exercice de toute option de surallocation) pendant une période de 18 mois suivant la date de clôture.

La Bourse a été avisée que, suite au placement, 18 600 000 actions ordinaires de la société ont été émises au prix de 0,72 $ par action ordinaire pour un produit brut de 13 392 000 $.

________________________________________________

DENOVO CAPITAL CORP. ("DVO.P")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 12, 2011
TSX Venture Tier 2 Company

Effective at 5:58 a.m. PST, May 12, 2011, 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.

________________________________________

DENOVO CAPITAL CORP. ("DVO.P")
BULLETIN TYPE:  Remain Halted
BULLETIN DATE:  May 12, 2011
TSX Venture Tier 2 Company

Further to TSX Venture Exchange Bulletin dated May 12, 2011, effective at 11:57 a.m., PST, May 12, 2011 trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Qualifying Transaction pursuant to Listings Policy 2.4.

________________________________________

DEREK OIL & GAS CORPORATION ("DRK")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 12, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 25, 2011 and amended May 5, 2011:

Number of Shares:            8,841,353 shares
             
Purchase Price:            $0.05 per share
             
Warrants:            8,841,353 share purchase warrants to purchase 8,841,353 shares
             
Warrant Exercise Price:            $0.10 for a one year period
             
Number of Placees:            12 placees
             
Insider / Pro Group Participation:            
             
Finders' Fees: 

          416,000 units payable to Tell Capital
160,000 units payable to Element and Associates
53,037 units payable to Jack Bryant

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.

________________________________________

GOLD CANYON RESOURCES INC. ("GCU")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 12, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 20, 2011:

Number of Shares:            1,370,000 flow-through shares and 1,640,000 non flow-through shares  
               
Purchase Price:            $3.65 per flow-through share and $3.05 per non flow-through share  
               
Number of Placees:            16 placees  
               
Insider / Pro Group Participation:              
               

Name 
          Insider=Y /
ProGroup=P /  

# of Shares
Sprott Asset Management LP 
Pinetree Resources Partnership 
         
25,000 FT & 520,000 NFT
115,000 NFT
               
Finders' Fees: 



          $210,052.50 and 63,210 Broker Warrants payable to Cormark Securities Inc.
$210,052.50 and 63,210 Broker Warrants payable to Fraser Mackenzie Limited
$90,022.50 and 27,090 Broker Warrants payable to GMP Securities LP
$60,015 and 18,060 Broker Warrants payable to Stonecap Securities Inc.
$30,007.50 and 9,030 Broker Warrants payable to Casimir Capital LP




               
            - Each Broker Warrant is exercisable into one common share at a price of $3.22 for an eighteen month 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.

________________________________________

HAWKEYE GOLD & DIAMOND INC. ("HGO")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement, Correction
BULLETIN DATE:  May 12, 2011
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange Bulletin dated May 10, 2011, the Bulletin should have read as follows:

TSX Venture Exchange has accepted for filing three identical acquisition agreements date May 3, 2011 (the "Agreements") made between Hawkeye Gold & Diamond Inc. (the "Company") and YES Exploration Syndicate Inc. ("YES"), a private BC company whereby the Company will acquire the TOP, DART and MINT properties (the "Properties") located near Whitehorse, Yukon Territory.

Total consideration for the Properties consists of $1,050,000 cash, 999,000 common shares, an additional number of common shares as outlined by notes 1, 2 and 3 below, and $4,500,000 in exploration expenditures as follows:

            CASH            SHARES            WORK EXPENDITURES
Within 10 days of TSXV approval 
Year 1 
Year 2 
Year 3 
          $150,000 
$225,000 
$300,000 
$375,000 
          999,000 
See note 1 
See note 2 
See note 3 
          $0
$750,000
$1,500,000
$2,250,000

Note 1: That number of common shares that is equal to $75,000 at a deemed price of the greater of the Discounted Market Price (as defined by Exchange policy) ten days after the first anniversary of TSXV approval (the "Pricing Date") and the price of the Company's most recent equity financing during the six months preceding the Pricing Date.

Note 2: That number of common shares that is equal to $100,000 at a deemed price of the greater of the Discounted Market Price (as defined by Exchange policy) ten days after the first anniversary of the Pricing Date and the price of the Company's most recent equity financing during the six months preceding the first anniversary of the Pricing Date.

Note 3: That number of common shares that is equal to $125,000 at a deemed price of the greater of the Discounted Market Price (as defined by Exchange policy) ten days after the second anniversary of the Pricing Date and the price of the Company's most recent equity financing during the six months preceding the second anniversary of the Pricing Date.

Pursuant to the Agreements, YES maintains a 3% net smelter royalty over each Property.  The Company can repurchase one third of each royalty for $875,000 prior to the fifth anniversary of TSXV approval and for $1,250,000 thereafter, prior to commercial production.

A finder's fee of $15,000 cash and 25,000 common shares is payable to Simon Learmouth in connection with the Agreements

________________________________________

KEY GOLD HOLDING INC. ("KGH")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 12, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation relating to the arm's length acquisition by Key Gold Holding Inc. (the "Company") of a 100% interest in the Souart Gold Property, for the consideration of 1) the issuance of a total of 5,500,000 common shares from the Company's treasury over a period of three years; 2) cash payments totaling $490,000 over a period of three years; and 3) exploration work commitments on the acquired property for a total of $1,750,000 over a period of two years.

Ansacha Capital Inc. will receive a total of 500,000 common shares over one year as Finder's fees.

The Company's is to issue a press release to confirm the closing of the transaction.

HOLDING CLÉ D'OR INC. (« KGH »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 12 mai 2011
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt de la documentation relativement à l'acquisition à distance par Holding Clé D'Or inc. (la « société ») d'un intérêt de 100 % dans la propriété d'or Souart en contrepartie de 1) l'émission d'un total de 5 500 000 actions ordinaires du trésor de la société sur une période de trois ans, 2) paiements en espèces totalisant 490 000 $ sur une période de trois ans, et 3) un engagement en travaux d'exploration sur la propriété acquise pour un total de 1 750 000 $ sur une période de deux ans.

Ansacha Capital inc. recevra un total de 500 000 actions ordinaires sur une période de un an à titre d'honoraires d'intermédiation.

La société émettra un communiqué de presse confirmant la clôture de l'opération.

________________________________

MAYEN MINERALS LTD. ("MYM")
BULLETIN TYPE:  Remain Halted
BULLETIN DATE:  May 12, 2011
TSX Venture Tier 2 Company

Further to TSX Venture Exchange Bulletin dated May 9, 2011, effective at 10:37 a.m., PST, May 12, 2011 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.

________________________________________

METALEX VENTURES LTD. ("MTX")
BULLETIN TYPE:  Shares for Services
BULLETIN DATE:  May 12, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposed issuance of 12,097 shares at a deemed price of $0.62 per share, in consideration of certain services provided to the Company for the quarter ending January 31, 2011, pursuant to an Amended Deferred Share Unit Plan for Glenn Nolan dated March 13, 2009 and effective November 14, 2008.

The Company shall issue a news release when the shares are issued.

________________________________________

METALEX VENTURES LTD. ("MTX")
BULLETIN TYPE:  Shares for Services
BULLETIN DATE:  May 12, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposed issuance of 9,146 shares at a deemed price of $0.82 per share, in consideration of certain services provided to the Company for the quarter ending April 30, 2011, pursuant to an Amended Deferred Share Unit Plan for Deferred Share Unit Plan for Lorie Waisberg dated March 13, 2009 and effective May 1, 2004.

The Company shall issue a news release when the shares are issued.

________________________________________

NEW NADINA EXPLORATIONS LIMITED ("NNA")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 12, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to the second and final tranche of a Non-Brokered Private Placement announced March 23, 2011 and amended April 21, 2011:

Number of Shares:            3,300,000 flow-through shares and 2,000,000 non flow-through shares      
                   
Purchase Price:            $0.10 per share      
                   
Warrants:            2,000,000 share purchase warrants to purchase 2,000,000 shares      
                   
Warrant Exercise Price:            $0.15 for a one year period      
                   
Number of Placees:            8 placees      
                   
Insider / Pro Group Participation:                  
                   

Name 
          Insider=Y /
ProGroup=P  
   
# of Shares
Ellen Clements                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.

________________________________________

ROCKHAVEN RESOURCES LTD. ("RK")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 12, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 28, 2011:

Number of Shares:            5,000,000 shares      
                   
Purchase Price:            $1.20 per share      
                   
Number of Placees:            1 placee      
                   
Insider / Pro Group Participation:                  
                   

Name 
          Insider=Y /
ProGroup=P /  
   
# of Shares
Tocqueville Gold Fund
(John Cassidy
         
   
5,000,000
                   
Finders' Fees:            Axemen Resource Capital receives $56,250, 140,625 shares and 187,500 non-transferable finder's warrants, each exercisable for one share at a price of $1.45 for a one year period.      
                   
            PI Financial Corp. receives 62,500 shares and 62,500 non-transferable finder's warrants, each exercisable for one share at a price of $1.45 for a one 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.]

________________________________________

RODEO CAPITAL II CORP. ("ROP.P")
BULLETIN TYPE:  Remain Halted
BULLETIN DATE:  May 12, 2011
TSX Venture Tier 2 Company

Further to TSX Venture Exchange Bulletin dated May 11, 2011, effective at 10:38 a.m., PST, May 12, 2011 trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Qualifying Transaction pursuant to Listings Policy 2.4.

________________________________________

TNR GOLD CORP. ("TNR")
BULLETIN TYPE:  Plan of Arrangement, Substitutional Listing, Declaration of Dividend
BULLETIN DATE:  May 12, 2011
TSX Venture Tier 2 Company

Plan of Arrangement:

TSX Venture Exchange has approved the Company's proposed Plan of Arrangement under Part 9 Division 5 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 June 22, 2010. The Exchange has been advised that the Plan of Arrangement and transactions involved therewith will close and be given effect on May 19, 2011.

The Plan of Arrangement, which is fully described in the Company's Information Circular dated May 10, 2010 (and is attached as Schedule 'B' to such circular), effectively involves a restructuring of the Company's business and assets in order to separate its lithium mineral property interests from its other precious and base metals assets.

Pursuant to the Arrangement:

  • TNR Gold Corp. ('TNR') will transfer the lithium mineral properties defined as the 'Spin-Off Properties' in the Plan of Arrangement, to International Lithium Corp. ('ILC') for the consideration more particularly described in the Plan of Arrangement, which includes, among other things, 10,000,000 ILC common shares and 10,000,000 ILC share purchase warrants, each whole ILC share purchase warrant exercisable to acquire one additional share of ILC at $0.375 per share for two years.
  • every TNR shareholder will exchange its common shares in TNR for one (1) new common share of TNR and one-quarter of one (0.25) common share of ILC and one-quarter of one (0.25) ILC common share purchase warrant each whole ILC share purchase warrant exercisable to acquire one additional share of ILC at $0.375 per share  for two years.
  • TNR warrant holders will receive on exercise one new common share of TNR and one-quarter of one share of ILC.  The exercise price paid will be split between TNR and ILC on the same ratio that the fair market value of the Spin-out properties has to the fair market value of all assets of TNR.

A separate Bulletin will be issued for the listing of ILC's common shares and warrants once listing conditions have been satisfied.

Substitutional Listing:

TSX Venture Exchange has been advised that the new common shares of TNR will commence trading at the opening of business May 17, 2011 in substitution for the currently listed common shares.

Capitalization: 

Escrowed Shares:
          Unlimited 
146,531,447 
NIL 
common shares with no par value of which
common shares are issued and outstanding
common shares
               
Transfer Agent:            Computershare Trust Company of Canada
Trading Symbol: 
CUSIP Number: 
          TNR 
87262G 10 4 
(UNCHANGED)
(new)

Declaration of Dividend:

The Plan of Arrangement results in the following entitlement:

Entitlement per Share: 
Payable Date: 
Record Date: 
Ex-Plan of Arrangement Date: 
        ¼ of one common share of ILC and ¼ of one share purchase warrant of ILC
May 19, 2011
May 19, 2011
May 17, 2011

________________________________________

ZONE RESOURCES INC. ("ZNR")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  May 12, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for expedited filing documentation of an Option Agreement dated May 2, 2011 between the Company and Ken Smith and Kalac Holdings Ltd. (collectively, the "Optionor") whereby the Company may acquire a 100% undivided interest in the Knob Hill Iron property (the "Property"), consisting of 2,000 hectares, located in Nunavik, Northern Quebec, Canada.

The total consideration payable to the Optionor consists of cash payments totaling $155,000 and issue a total of 2,300,000 common shares payable over a four (4) year period.

The Optionor will retain a 2% net smelter return royalty, of which the Company may purchase 1% of the NSR for $1,000,000 at any time up to when a production decision is made.

________________________________________

NEX COMPANIES:

ARCLAND RESOURCES INC. ("ADR.H")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 12, 2011
NEX Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 12, 2011:

Number of Shares:            4,761,905 shares                                
                                             
Purchase Price:            $0.105 per share                                
                                             
Number of Placees:            1 placee                                
                                             
Insider / Pro Group Participation:                                            
                                             

Name 
          Insider=Y /
ProGroup=P /  
                           
# of Shares
China Blue Capital Group
(Yan Zhan) 
         
                           
4,761,905

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.

________________________________________

CHELSEA MINERALS CORP. ("CCC.H")
BULLETIN TYPE:  Delist
BULLETIN DATE:  May 12, 2011
NEX Company

Further to TSX Venture Exchange bulletin dated May 9, 2011, effective at the close of business on May, 13, 2011, the common shares will be delisted from TSX Venture Exchange at the request of the Company pursuant to a Plan of Arrangement with Sennen Resources Ltd.

________________________________________

GIGA CAPITAL CORPORATION ("GIG.H")
BULLETIN TYPE:  Reinstated for Trading
BULLETIN DATE:  May 12, 2011
NEX Company

Further to TSX Venture Exchange Bulletin dated July 6, 2010, effective at the opening Friday, May 13, 2011, trading will be reinstated in the securities of the Company.

Please refer to the Company's press release dated March 25, 2011 for further information.

________________________________________

PRECISION ENTERPRISES INC. ("PSC.H")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 12, 2011
NEX Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 21, 2011:

Number of Shares:            5,101,800 shares      
                   
Purchase Price:            $0.15 per share      
                   
Number of Placees:            24 placees      
                   
Insider / Pro Group Participation:                  
                   

Name 
          Insider=Y /
ProGroup=P /  
   
# of Shares
Fred Hofman 
John Byrne 
Batmich Inc. (John Byrne
Jeff Crane 
Lorne Kwiatkowski 
Pamela Kwiatkowski 
Dana Gilmon  
         





    200,000
110,000
160,000
333,334
75,000
75,000
400,000
                   
Finder's Fee: 




          $4,050 payable to Haywood Securities Inc.
$30,000 payable to Powerone Capital Markets Limited
$3,750 payable to Raymond James Ltd.
$3,000 payable to PI Financial Corp.
$3,000 payable to Martin Hubble
$25,550 payable to Jeff Wolburgh
   



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.

________________________________________

RAIN RESOURCES INC. ("RAN.H")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: May 12, 2011
NEX Company

Further to TSX Venture Exchange Bulletins dated April 5, 2010 and July 2, 2010, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission on January 7, 2011 has been revoked.

Effective at the opening Friday, May 13, 2011 trading will be reinstated in the securities of the Company (CUSIP 75079P 10 2).

_______________________________________

SYNERGY ACQUISITION CORP. ("SAQ.H")
BULLETIN TYPE:  Consolidation
BULLETIN DATE:  May 12, 2011
NEX Company

Pursuant to a special resolution passed by shareholders February 8, 2011, the Company has consolidated its capital on a six (6) old for one (1) new basis and has subsequently increased its authorized capital.  The name of the Company has not been changed.

Effective at the opening May 13, 2011, shares of will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as an 'Industrial' company.

Post - Consolidation
Capitalization: 

Escrow: 
         
Unlimited 
2,590,167 
Nil 

shares with no par value of which
shares are issued and outstanding
shares are subject to escrow
               
Transfer Agent:            Computershare Investor Services Inc.
Trading Symbol: 
CUSIP Number: 
          SAQ.H 
87164B 20 3 
(UNCHANGED)
(new)

________________________________________

 

For further information:

Market Information Services at 1-888-873-8392, or email: information@venture.com


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