TSX Venture Exchange Daily Bulletins

VANCOUVER, May 16 /CNW/ -

TSX VENTURE COMPANIES:

ANTHONY CLARK INTERNATIONAL INSURANCE BROKERS LTD. ("ACL")
BULLETIN TYPE:  Normal Course Issuer Bid
BULLETIN DATE:  May 16, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has been advised by the Company that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated May 12, 2011, it may repurchase for cancellation, up to 954,063 shares in its own capital stock.  The purchases are to be made through the facilities of TSX Venture Exchange during the period May 19, 2011 to May 18, 2012.  Purchases pursuant to the bid will be made by Union Securities Ltd. on behalf of the Company.

________________________________________

CAZA GOLD CORP. ("CZY.WT")
BULLETIN TYPE:  Warrant Expiry-Delist
BULLETIN DATE:  May 16, 2011
TSX Venture Tier 2 Company

Effective at the opening, May 18, 2011, the Share Purchase Warrants of the Company will trade for cash.  The Warrants expire Sunday, May 22, 2011 and will therefore be delisted at the close of business Tuesday, May 24, 2011.

TRADE DATES

May 18, 2011 - TO SETTLE - May 19, 2011
May 19, 2011 - TO SETTLE - May 20, 2011
May 20, 2011 - TO SETTLE - May 24, 2011
May 24, 2011 - TO SETTLE - May 24, 2011

The above is in compliance with Trading Rule C.2.18 - Expiry Date:

Trading in the warrants 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.

________________________________________

FIELDEX EXPLORATION INC. ("FLX")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  May 16, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation relating to an Option Agreement dated February 13, 2011, whereby the Company has an option to acquire a 100% interest in Desgagné-Moly Property located in the Chapais region, Québec, which consists of 56 mining claims.

Pursuant to the Agreement, the Company is required over a period of three years to issue a total of 300,000 shares to the vendor, make cash payments totaling $110,000 and expense for $150,000 of exploration work commitments on the property.

The vendor will retain a 1.5% Net Smelter Return, two third of which (1%) may be repurchased for the sum of $500,000 and the last third (0.5%) is subject to a right of first refusal for an amount of $500,000.

For more information, please refer to the Company's press release dated February 14, 2011.

EXPLORATION FIELDEX INC. (« FLX »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 16 mai 2011
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt de documents en vertu d'une convention d'option datée du 13 février 2011, selon laquelle la société a l'option d'acquérir un intérêt de 100 % dans la propriété Desgagné-Moly, laquelle étant composée de 56 claims miniers situés dans la région de Chapais au Québec.

En vertu de l'entente, la société doit, sur une période de trois ans, émettre un total de 300 000 actions au vendeur, effectuer des paiements en espèces totalisant 110 000 $ et effectuer des dépenses de 150 000 $ en travaux d'exploration sur la propriété.

Le vendeur conservera une royauté (« NSR ») de 1,5 %, duquel les deux tiers (1 %) sont rachetables en contrepartie d'un paiement de 500 000 $ et le dernier tiers (0,5 %) est sujet à un droit de premier refus pour un montant de 500 000 $.

Pour plus d'information, veuillez vous référer au communiqué de presse de la société daté du 14 février 2011.

_________________________________________

FORTERRA ENVIRONMENTAL CORP. ("FTE")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 16, 2011
TSX Venture Tier 2 Company

Effective at 5:57 a.m. PST, May 16, 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.

________________________________________

JETCOM INC. ("JTM")
BULLETIN TYPE:  Delist
BULLETIN DATE:  May 16, 2011
TSX Venture Tier 2 Company

Effective at the close of business May 16, 2011, the common shares will be delisted from TSX Venture Exchange at the request of the Company.

The Company will continue to trade on CNSX on Tuesday May 17, 2011.

________________________________________

LIME HILL CAPITAL CORPORATION ("LHL.P")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 16, 2011
TSX Venture Tier 2 Company

Effective at 5.58 a.m. PST, May 16, 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.

________________________________________

LINGO MEDIA CORPORATION ("LM")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 16, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 11, 2011:

Number of Shares:                1,875,000 shares
                 
Purchase Price:                $0.60 per share
                 
Warrants:                1,875,000 share purchase warrants to purchase 1,875,000 shares
                 
Warrant Exercise Price:                $0.75 for an eighteen month period
                 
Number of Placees:                21 placees
                 
Finder's Fee:                $55,230, plus 78,900 finder's warrants (each exercisable into one common share at a price of $0.60 for a period of eighteen months) payable to CIBC Wood Gundy

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.

________________________________________

NORTHERN GOLD MINING INC. ("NGM")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  May 16, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation relating to a purchase agreement (the "Agreement") dated April 7, 2011, between Valgold Resources Ltd. (the "Vendor") and Northern Gold Mining Inc. (the "Company").  Pursuant to the Agreement, the Company shall acquire 100% of the Vendor's interest in the Garrison Property, located in the district of Cochrane, Ontario.

As consideration, the Company shall pay $650,000 and issue 16,000,000 common shares to the Vendor.

For more information, refer to the Company's news release dated May 16, 2011.

________________________________________

PLATO GOLD CORP ("PGC")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 16, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement initially announced March 14, 2011:

Number of Shares:            16,500,000 shares      
                   
Purchase Price:            $0.05 per share      
                   
Warrants:            16,500,000 share purchase warrants to purchase 16,500,000 shares      
                   
Warrant Exercise Price:            $0.10 for a two year period      
                   
Number of Placees:            26 placees      
                   
Insider / Pro Group Participation:                  
                   

Name 
          Insider=Y /
ProGroup=P /  
   
# of Shares
Jeff Wagman                300,000
                   
Finder's Fee:            an aggregate of $57,750, plus 1,155,000 brokers warrants (each exercisable into into one common share at a price of $0.08 for a period of two years), payable to ScotiaMcLeod, Dundee Securities Ltd. and Leob Aron & Company

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.

________________________________________

RELENTLESS RESOURCES LTD. ("RRL")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 16, 2011
TSX Venture Tier 1 Company]

Effective at 6:12 a.m. PST, May 16, 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.

________________________________________

RELENTLESS RESOURCES LTD. ("RRL")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  May 16, 2011
TSX Venture Tier 1 Company

Effective at 11:15 a.m., PST, May 16, 2011, shares of the Company resumed trading, an announcement having been made over Stockwatch.

________________________________________

SHIELD GOLD INC. ("SHG")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 16, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 7, 2011:

Number of Shares: 
          4,650,000 flow-through shares and
635,000 non flow-through shares
   
                   
Purchase Price:            $0.10 per share      
                   
Warrants:            2,960,000 share purchase warrants to purchase 2,960,000 shares      
                   
Warrant Exercise Price:            $0.15 for a two year period      
                   
Number of Placees:            18 placees      
                   
Insider / Pro Group Participation:                  
                   

Name 
          Insider=Y /
ProGroup=P /  
   
# of Shares
Mineral Fields 2011-IV
Super Flow-Through LP 
MineralFields 2011 Super
Flow-Through LP 
MineralsFields 2011-II
Super Flow-Through LP 
Paul Ferguson 
Howard Sinclair-Jones 
Paul Ankcorn 
         







   
750,000

1,500,000

250,000
100,000
200,000
100,000
                   
Finder's Fee:            An aggregate of $21,150 in cash and 373,000 finders' warrants payable to Limited Market Dealer Inc., Macquarie Private Wealth Inc. and Canaccord Genuity Corp.  Each finder's warrant entitles the holder to acquire one unit at $0.10 for a two year 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 6, 2011.

________________________________________

SIERRA IRON ORE CORPORATION ("NAA")
[formerly Naina Capital Corp. ("NAA")]
BULLETIN TYPE:  Name Change
BULLETIN DATE:  May 16, 2011
TSX Venture Tier 2 Company

Pursuant to a resolution passed by Directors April 15, 2011, the Company has changed its name as follows.  There is no consolidation of capital.

Effective at the opening May 17, 2011, the common shares of Sierra Iron Ore Corporation will commence trading on TSX Venture Exchange, and the common shares of Naina Capital Corp. will be delisted.  The Company is classified as a 'Mineral Exploration/Development' company.

Capitalization: 

Escrow: 
          Unlimited 
8,533,798 
1,800,000 
shares with no par value of which
shares are issued and outstanding
shares
               
Transfer Agent:            Computershare Investor Services Inc.
Trading Symbol: 
CUSIP Number: 
          NAA 
826330102 
(UNCHANGED)
(new)

________________________________________

SOLACE RESOURCES CORP. ("SOR")
[formerly Island Arc Exploration Corp. ("IAX")]
BULLETIN TYPE:  Name Change and Consolidation
BULLETIN DATE:  May 16, 2011
TSX Venture Tier 2 Company

Pursuant to a resolution passed by shareholders April 12, 2011, the Company has consolidated its capital on a five old for one new basis.  The name of the Company has also been changed as follows.

Effective at the opening Tuesday, May 17, 2011, the common shares of Solace Resources Corp. will commence trading on TSX Venture Exchange, and the common shares of Island Arc Exploration Corp. will be delisted.  The Company is classified as a 'Gold Mining' company.

Post - Consolidation
Capitalization: 

Escrow: 
         
Unlimited 
6,734,009 
Nil 
shares with no par value of which
shares are issued and outstanding
               
Transfer Agent:            Computershare Trust Company of Canada
Trading Symbol: 
CUSIP Number: 
          SOR 
83409B108 
(new)
(new)

________________________________________

SONOMAX TECHNOLOGIES INC. ("SHH")
BULLETIN TYPE: Private Placement-Brokered, Convertible Debenture
BULLETIN DATE: May 16, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation with respect to the issuance of Convertible Debentures, as announced on February 16, 2011.

Convertible Debentures:            $1,535,000      
                   
Conversion Price:            Principal is convertible into common shares at a conversion price of $0.125 per share.      
                   
Maturity date:            February 15, 2014      
                   
Interest Rate:            12%      
                   
Number of Placees:            8 placees      
                   
Insider / Pro Group Participation:                  
                   


Name
         
Insider = Y /
Pro Group = P
    Number of Shares
upon conversion
of Debentures
P.J. Malouf & Co.
Inc. (Peter Malouf)
Peter Brennan
         
Y
Y
   
920,000
2,800,000
                   
Agent's Compensation:            Industrial Alliance Securities received $42,000 in cash and compensation options to purchase 224,000 common shares at an exercise price of $0.125 for a period of 24 months following the closing of the private placement.

The Company has announced the closing of the transaction by way of a press release on February 16, 2011.

TECHNOLOGIES SONOMAX INC. (« SHH »)
TYPE DE BULLETIN: Placement privé par l'entremise d'un courtier, Débenture convertible
DATE DU BULLETIN: Le 16 mai 2011
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt de la documentation en vertu de l'émission de débentures convertibles, tel qu'annoncé le 16 février 2011.

Débentures convertibles :            1 535 000 $      
                   
Prix de conversion :            Le capital est convertible en actions ordinaires au prix de conversion de 0,125 $ par action.      
                   
Date d'échéance :            Le 15 février 2014      
                   
Taux d'intérêt :            12 %      
                   
Nombre de souscripteurs :            8 souscripteurs      
                   
Initié / Participation Groupe Pro :                  
                   

Nom
          Initié = Y /
Groupe Pro = P
   
Nombre d'actions
P.J. Malouf & Co.
Inc. (Peter Malouf)
Peter Brennan
         
Y
Y
   
920 000
2 800 000
                   
Rémunération de l'intermédiaire:            Industrielle Alliance Valeurs mobilières inc. a reçu 42 000 $ comptant et des options de rémunération permettant de souscrire 224 000 actions au prix d'exercice de 0,125 $ pendant une période de 24 mois suivant la clôture du placement privé.

La société a confirmé la clôture de l'opération par voie d'un communiqué de presse le 16 février 2011.

______________________________________

THREEGOLD RESOURCES INC. ("THG")

BULLETIN TYPE: Private Placement-Non-Brokered

BULLETIN DATE: May 16, 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:            3,500,000 common shares      
                   
Purchase Price:            $0.30 per common share      
                   
Warrants:            3,500,000 warrants to purchase 3,500,000 common shares      
                   
Warrants Exercise Price:            $0.40 over a period of 12 months following the closing of the Private Placement, subject to an acceleration clause      
                   
Number of Placees:            13 placees      
                   
Insider/Pro Group Participation:                  
                   

Name
          Insider = Y /
Pro Group = P
   
Number of Shares
James Nagy           P     100,000
                   
Finder's fee:            $84,000 was paid in cash to Primary Capital Inc., which received, in addition, 280,000 warrants, each to purchase one common share at a price of $0.30/share over a 12-month period following the closing.

The Company has announced the closing by way of a press release.

RESSOURCES THREEGOLD INC. (« THG »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 16 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 :            3 500 000 actions ordinaires      
                   
Prix :            0,30 $ par action ordinaire      
                   
Bons de souscriptions :            3 500 000 bons permettant d'acquérir 3 500 000 actions ordinaires      
                   
Prix d'exercice des bons :            0,40 $ pendant une période de 12 mois suivant la clôture du placement privé, sujet à une modalité accélératrice      
                   
Nombre de souscripteurs :            13 souscripteurs      
                   
Participation initié / Groupe Pro :                  
                   

Nom
          Initié = Y /
Groupe Pro = P
   
Nombre d'actions
James Nagy           P     100 000
                   
Rémunération de l'intermédiaire :             84 000 $ a été payé à Primary Capital Inc., qui a, de plus, reçu 280 000 bons de souscriptions, chacun permettant d'acquérir une action ordinaire au prix de 0,30 $ l'action pendant une période de 12 mois suivant la clôture.

La société a annoncé la clôture du placement privé par voie d'un communiqué de presse.

__________________________________________

THUNDERBIRD ENERGY CORPORATION ("TBD")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE: May 16, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,279,332 shares at a deemed price of $0.1067 per share in the amount $136,541.10 to settle the quarterly interest payment obligation due April 30, 2011. These shares represent 50% of the quarterly interest payment in accordance with the terms of the private placement of Gas Linked Debentures which was accepted by the Exchange by bulletin dated January 19, 2011.

Number of Debentureholders:            79                              
                                           
Insider / Pro Group Participation:                                          
                                           

Debentureholder 
          Insider=Y /
Progroup=P
        Amount
Owing
        Deemed Price
per Share
     
# of Shares
Stephen Cheikes 
Tim Gamble 
David Evans 
Cam White 
Sheldon Inwentash 
D & D Securities Inc. 
Derek Williams 
Bar Anchor Five Ranch 
Cam White 
Tim Gamble 
Koele Capital Corp. 
Plantation Capital Corp. 
The Storytellers Grp Enterprises 
          Y
Y
Y
Y
P
P
P
Y
Y
Y
Y
Y
Y
        $569.59
$3,589.00
$1,808.22
$4,375.89
$4,068.49
$1,017.12
$271.23
$904.11
$1,898.63
$2,450.00
$6,355.89
$12,386.00
$5,949.04
        $0.1067
$0.1067
$0.1067
$0.1067
$0.1067
$0.1067
$0.1067
$0.1067
$0.1067
$0.1067
$0.1067
$0.1067
$0.1067
        5,336
33,631
16,942
41,001
38,121
9,530
2,541
8,417
17,789
22,957
59,553
116,058
38,121

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

________________________________________

NEX COMPANIES:

DATINVEST INTERNATIONAL LTD. ("DAI.H")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 16, 2011
NEX Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 6, 2011:

Number of Shares:            7,692,308 shares      
                   
Purchase Price:            $0.065 per share      
                   
Warrants:            7,692,308 share purchase warrants to purchase 7,692,308 shares      
                   
Warrant Exercise Price:            $0.10 for a one year period      
                   
Number of Placees:            15 placees      
                   
Insider / Pro Group Participation:                  
                   

Name 
          Insider=Y /
ProGroup=P /  
   
# of Shares
Jason Birmingham 
Balraj Mann 
David Toyoda 
         

    700,000
500,000
100,000

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.

________________________________________

KIK POLYMERS INC. ("KPI.H")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 16, 2011
NEX Company

Effective at 5:58 a.m. PST, May 16, 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.

________________________________________

 

For further information:

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


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.