TSX Venture Exchange Daily Bulletins

VANCOUVER, May 18 /CNW/ -

TSX VENTURE COMPANIES:

APELLA RESOURCES INC. ("APA")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE:  May 18, 2011
TSX Venture Tier 1 Company

TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:

Private Placement:

# of Warrants: 
Original Expiry Date of Warrants: 
New Expiry Date of Warrants: 
Exercise Price of Warrants: 
                              3,750,000
May 18, 2011
November 18, 2012
$0.20

These warrants were issued pursuant to a private placement of 4,050,000 shares (of which 3,930,000 are flow-through) with 4,050,000 share purchase warrants attached, which was accepted for filing by the Exchange effective November 18, 2009.

________________________________________

COBALT COAL CORP. ("CBT")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 18, 2011
TSX Venture Tier 2 Company

Effective at 6:37 a.m. PST, May 18, 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.

________________________________________

COBALT COAL CORP. ("CBT")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  May 18, 2011
TSX Venture Tier 2 Company

Effective at 10:00 a.m., PST, May 18, 2011, shares of the Company resumed trading, an announcement having been made over Canada News Wire.

________________________________________

CRESVAL CAPITAL CORP. ("CRV")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 18, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on March 24, 2011:

First Tranche:

Number of Shares:            2,659,000 shares      
                   
Purchase Price:            $0.20 per share      
                   
Warrants:            2,659,000 share purchase warrants to purchase 2,659,000 shares      
                   
Warrant Exercise Price:            $0.30 for a two year period      
                   
Number of Placees:            23 placees      
                   
Insider / Pro Group Participation:                  
                   

Name 
          Insider=Y /
ProGroup=P /  
   
# of Shares
Lee Ann Wolfin                150,000
                   
Finders' Fees: 



          $3,500 cash payable to Canaccord Genuity Corp.
$700 cash payable to Northern Securities Inc.
$1,400 cash payable to Raymond James Inc.
$3,500 cash payable to Haywood Securities Inc.
$12,516 cash payable to Global Securities 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.

________________________________________

EXPLORATOR RESOURCES INC. ("EXO")
BULLETIN TYPE:  Delist-Offer to Purchase
BULLETIN DATE: May 18, 2011
TSX Venture Tier 2 Company

Effective at the close of business May 19, 2011, the common shares of Explorator Resources Inc. will be delisted from TSX Venture Exchange.  The delisting of the Company's shares follows the implementation, on May 17, 2011, of a court approved plan of arrangement (the "Arrangement") pursuant to section 182 of the Ontario Business Corporations Act, involving the Company, Sociedad Punta del Cobre S.A. ("Pucobre") and 2278710 Ontario Inc. (the "Acquiror"), an indirect wholly-owned subsidiary of Pucobre, whereby, among other things, the Acquiror purchased all of the Company's issued and outstanding common shares ("Common Shares") other than those held by Pucobre.  The Company's shareholders, other than Pucobre, are entitled to receive $0.685 cash per Common Share pursuant to the Arrangement.  As a result of the Arrangement, the Company is an indirect wholly-owned subsidiary of Pucobre. For further information, please refer to the management information circular of the Company dated April 15, 2011 and the Company's press releases dated March 25, 2011 and May 16, 2011.

________________________________________

FJORDLAND EXPLORATION INC. ("FEX")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  May 18, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a Purchase Letter Agreement dated May 6, 2011 between Amarc Resources Ltd. ("Amarc") and Fjordland Exploration Inc. (the "Company"), whereby the Company is to purchase exploration data, including geophysical, geological and drill hole data for parts of the Chona Project, British Columbia from Amarc by issuance of 100,000 common shares to Amarc.

________________________________________

LOYALIST GROUP LIMITED ("LOY")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE: May 18, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 338,940 shares at a deemed price of $0.15 per share to settle outstanding debt for $50,841.

Number of Creditors:                  2 Creditors

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

________________________________________

MANITOU GOLD INC. ("MTU")
BULLETIN TYPE:  Private Placement-Brokered
BULLETIN DATE:  May 18, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced March 29, 2011:

Number of Shares: 
          6,400,000 flow through shares
12,254,078 non flow through shares
   
                   
Purchase Price:            $0.55 per share (flow through and non flow through)      
                   
Warrants:            6,127,039 share purchase warrants to purchase 6,127,039 shares      
                   
Warrant Exercise Price:            $0.70 for a two year period      
                   
Number of Placees:            52 placees      
                   
Insider / Pro Group Participation:                  
                   

Name 
          Insider=Y /
ProGroup=P /  
   
# of Shares
Richard Murphy                100,000
                   
Agent's Fee:            $750,000, plus 1,565,000 broker warrants, each exercisable at a price of $0.55 for a period of two years into one common share and one half of one warrant (each full warrant further exercisable at a price of $0.70 for a period of two years), payable to Canaccord Genuity Corp.

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.

________________________________________

MONSTER MINING CORP. ("MAN")
BULLETIN TYPE:  New Listing-IPO-Units
BULLETIN DATE:  May 18, 2011
TSX Venture Tier 2 Company

The Company's Initial Public Offering ('IPO') Prospectus dated April 26, 2011, has been filed with and accepted by TSX Venture Exchange, and filed with and receipted by the British Columbia, Alberta and Ontario Securities Commissions on April 27, 2011, pursuant to the provisions of the applicable Securities Acts.

The gross proceeds received by the Company for the Offering were $2,000,000 (5,000,000 units at $0.40 per unit).  Each unit consists of one common share in the capital of the Company and one-half of one common share purchase warrant.  Each whole share purchase warrant entitles the holder to acquire an additional common share in the capital of the Company for a period of 12 months at a price of $0.65 per share, subject to acceleration in certain circumstances.  The Company is classified as a 'Mining' company.

Commence Date:                At the opening Thursday, May 19, 2011, the common shares will commence trading on TSX Venture Exchange.
                 
Corporate Jurisdiction:                British Columbia
                 
Capitalization: 

Escrowed Shares: 
              Unlimited 
28,875,847 
11,616,881 
common shares with no par value of which
common shares are issued and outstanding
common shares
                   
Transfer Agent: 
Trading Symbol: 
CUSIP Number: 
              Computershare Investor Services Inc.
MAN
61174V103
                 
Agent:                Macquarie Private Wealth Inc.
                 
Agent's Warrants:                500,000 non-transferable share purchase warrants.  One warrant to purchase one share at $0.65 per share up to 12 months from the Listing Date.

For further information, please refer to the Company's Prospectus dated April 26, 2011.

Company Contact: 
Company Address: 

Company Phone Number: 
Company Fax Number: 
Company Email Address: 
        Robert Eadie
Suite 750, 580 Hornby Street, Box 113,
Vancouver, BC  V6C 3B6
(604) 602-4935
(604) 602-4936
readie@imining.com

________________________________________

ONLINE ENERGY INC. ("ONL")
BULLETIN TYPE:  Private Placement-Brokered
BULLETIN DATE:  May 18, 2011
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced May 5, 2011:

Number of Shares: 
          4,490,000 common shares
3,510,000 common shares issued on a flow-through basis ("FT Shares")
   
                   
Purchase Price: 
          $0.50 per share
$0.57 per FT Share
   
                   
Number of Placees:            38 placees      
                   
Insider / Pro Group Participation:                  
                   

Name 
          Insider=Y /
ProGroup=P /  
   
# of Shares
Raymond G. Smith                100,000 common shares
                   
Agent's Fee: 
          $205,087 cash paid to Wellington West Capital Markets Inc.
$22,787 cash paid to Mackie Research Capital Corporation.

________________________________________

PAN TERRA INDUSTRIES INC. ("PNT")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 18, 2011
TSX Venture Tier 2 Company

Effective at 9:48 a.m. PST, May 18, 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.

________________________________________

PAREX RESOURCES INC. ("PXT") ("PXT.DB") ("PXT.R")
BULLETIN TYPE: Prospectus-Debenture Offering, New Listing-Debentures, Prospectus-Subscription Receipt Offering, New Listing- Receipts
BULLETIN DATE:  May 18, 2011
TSX Venture Tier 2 Company
Prospectus-Debenture Offering

Effective May 9, 2011, the Company's Prospectus dated May 9, 2011 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Alberta and Ontario Securities Commissions on May 9, 2011.  The prospectus has also been filed under Multilateral Instrument 11-102 Passport System British Columbia, Saskatchewan, Manitoba, Quebec, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador. A receipt for the prospectus is deemed to be issued by the regulator in each of those jurisdictions, if the conditions of the Instrument have been satisfied.

TSX Venture Exchange has been advised that the occurred on May 17, 2011, for gross proceeds of $85,000,000.

Offering:            $85,000,000
             
Underwriter(s): 






          FirstEnergy Capital Corp.
Scotia Capital Inc.
Haywood Securities Inc.
CIBC World Markets Inc.
Peters & Co. Limited
Raymond James Ltd.
RBC Dominion Securities Inc.
TD Securities Inc.
             
Underwriter's Commission:            A cash commission equal to 4% of the gross proceeds of the Debentures to be paid to the Underwriters
             
Details of the Debentures:            
             
Maturity Date:            July 15, 2011.
             
            The Maturity date will automatically be extended to June 30, 2016 (the "Final Maturity Date") under conditions outlined in the Prospectus.
             
Redemption:            The Debentures may be redeemed, at the option of the Company, into common shares of the Company, in whole or in part, upon not more than 60 days and not less than 40 days prior written notice to the debentureholders after July 1, 2014 prior to the Final Maturity Date.  Terms of the redemption are outlined in the Prospectus.
             
Interest:            5.25% Interest is payable semi-annually on June 30 and December 31 of each year commencing December 31, 2011.
             
Day Count Type:             365 days
             
Interest start date:             May 17, 2011
             
Subordination:            The payment of principal and interest on the Debentures is subordinated in right of payment to the extent set forth in the trust indenture governing the Debentures to the prior payment in full of all existing and future senior indebtedness of the Company.
             
Conversion:            The Debentures are convertible into common shares of the Company at $10.15 per share at any time prior to maturity or the last business day prior to redemption.

New Listing-Debentures

Effective at the opening Thursday May 19, 2011, the debentures of the Company will commence trading on TSX Venture Exchange.  The Company is classified as an 'Oil and Gas Exploration and Development' company.

Corporate Jurisdiction:            Alberta
Capitalization: 
          $85,000,000 Debentures with no par value of which
$85,000,000 are issued and outstanding
Transfer Underwriter: 
Trading Symbol: 
CUSIP Number: 
          Valiant Trust Company
PXT.DB
69946QAA2
Sponsoring Members:            FirstEnergy Capital Corp. and Scotia Capital Inc.
Details of the Debentures:            
Terms: 
          Matures on July 15, 2011.
The Maturity date will automatically be extended to June 30, 2016 (the "Final Maturity Date") under conditions outlined in the Prospectus.
Redemption:            The Debentures may be redeemed, at the option of the Company, into common shares of the Company, in whole or in part, upon not more than 60 days and not less than 40 days prior written notice to the debentureholders after July 1, 2014 prior to the Final Maturity Date.  Terms of the redemption are outlined in the Prospectus.
Interest:            5.25% Interest is payable semi-annually on June 30 and December 31 of each year commencing December 31, 2011.
Subordination:            The payment of principal and interest on the Debentures is subordinated in right of payment to the extent set forth in the trust indenture governing the Debentures to the prior payment in full of all existing and future senior indebtedness of the company.
Conversion:            The Debentures are convertible into common shares of the Company at $10.15 per share at any time prior to maturity or the last business day prior to redemption.
Clearing and Settlement:            The Debentures will clear and settle through CDS and DTC.
Board Lot:            The Debentures will trade in a board lot size of $1,000 face value.

For further information, please refer to the Company's Prospectus dated May 9, 2011.

Prospectus-Subscription Receipt Offering

Effective May 9, 2011, the Company's Prospectus dated May 9, 2011 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Alberta and Ontario Securities Commissions on May 9, 2011.  The prospectus has also been filed under Multilateral Instrument 11-102 Passport System in the British Columbia, Saskatchewan, Manitoba, Quebec, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador Securities Commissions. A receipt for the prospectus is deemed to be issued by the regulator in each of those jurisdictions, if the conditions of the Instrument have been satisfied.

TSX Venture Exchange has been advised that the occurred on May 17, 2011, for gross proceeds of $189,000,000.

Underwriters: 






            FirstEnergy Capital Corp.
Scotia Capital Inc.
Haywood Securities Inc.
CIBC World Markets Inc.
Peters & Co. Limited
Raymond James Ltd.
RBC Dominion Securities Inc.
TD Securities Inc.
               
Offering: 
            27,000,000 subscription receipts ("Receipts").
Receipts will be listed on the Exchange for trading.  Each Receipt is convertible into one common share upon satisfaction of certain conditions outlined in the Prospectus.
               
Security Price:              $7.00 per Receipt.
               
Underwriters' Commission:              5% of the gross proceeds of the Receipts.
               
Greenshoe Option:              The Underwriter may over-allot the Receipts in connection with this offering and the Company has granted to the Underwriters an option to purchase up to 4,050,000 additional Receipts, at $28,350,000 gross, up to the close of business June 16, 2011.

New Listing- Receipts

Effective at the opening Thursday May 19, 2011, the Receipts of the Company will commence trading on TSX Venture Exchange.  The Company is classified as an 'Oil and Gas Exploration and Development' company.

Corporate Jurisdiction:               Alberta
                 
Capitalization: 

Escrow: 
              31,050,000 
27,000,000 
N/A
Receipts authorized
Receipts issued and outstanding
                   
Transfer Underwriter: 
Trading Symbol: 
CUSIP Number: 
              Valiant Trust Company
PXT.R
69946Q138
                 
Sponsoring Members:               FirstEnergy Capital Corp. and Scotia Capital Inc.

For further information, please refer to the Company's Prospectus dated May 9, 2011.

________________________________________

PETROKAMCHATKA PLC ("PKP")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 18, 2011
TSX Venture Tier 2 Company

Effective at 10:39 a.m. PST, May 18, 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.

________________________________________

Q-GOLD RESOURCES LTD. ("QGR")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  May 18, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation pursuant to a Purchase Option Agreement dated March 19, 2011 (the "Agreement") between the Company and two arm's length parties.  As per the terms of the Agreement, the Company may purchase 100% interest in the Peck Mine Properties located in the District of Yavapai County, Arizona.  In consideration, the Company will pay US$200,000 cash and issue 1,656,436 shares at a deemed price of $0.11 per share.  The Company will also pay a Production Royalty of 2.0% in perpetuity on all sales of minerals originating from the Patents.

________________________________________

RIVERSTONE RESOURCES INC. ("RVS")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  May 18, 2011
TSX Venture Tier 2 Company

Effective at 6:30 a.m., PST, May 18, 2011, shares of the Company resumed trading, an announcement having been made over Stockwatch.

________________________________________

THREEGOLD RESOURCES INC. ("THG")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 18, 2011
TSX Venture Tier 2 Company

Effective at 9:09 a.m. PST, May 18, 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.

________________________________________

VANOIL ENERGY LTD. ("VEL")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 18, 2011
TSX Venture Tier 2 Company

Effective at 6:00 a.m. PST, May 18, 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.

________________________________________

WESTCORE ENERGY LTD. ("WTR")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 18, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 1, 2011:

Number of Shares: 

          5,000,000 flow-through shares ("FT Shares")
4,518,446 units ("Units")
Each Unit consists of one common share and one common share purchase warrant
   

                   
Purchase Price: 
          $0.60 per FT Share
$0.55 per Unit
   
                   
Warrants:            4,518,446 share purchase warrants to purchase 4,518,446 shares      
                   
Warrant Exercise Price:            $1.00 for up to one year from the date of issuance      
                   
Number of Placees:            171 placees      
                   
Insider / Pro Group Participation:                  
                   

Name 
          Insider=Y /
ProGroup=P /  
   
# of Securities
Susan Mallin 
Gordon M. Medland 
James Chan 
Jane Feng 
Leanna Kiang 
Brian Kadey 
James Harris  
         





    20,000 Units
40,000 Units
50,000 Units
20,000 Units
50,000 Units
80,000 FT Shares
50,000 FT Shares
                   
Finder's Fee: 
          50,000 common shares at a deemed price of $0.55 per share and 761,476 non-transferrable warrants ("Finder Warrants") payable to MGI Securities Inc.
Each Finder Warrant is exercisable into one common share at an exercise price of $0.55 for up to one year from the date of issuance.

________________________________________

WILD STREAM EXPLORATION INC. ("WSX") ("WSX.R" )
BULLETIN TYPE:  Prospectus-Subscription Receipt Offering, New Listing- Receipts
BULLETIN DATE:  May 18, 2011
TSX Venture Tier 1 Company

Prospectus-Subscription Receipt Offering
Effective May 6, 2011, the Company's Prospectus dated May 6, 2011 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Alberta and Ontario Securities Commissions on May 6, 2011.  The prospectus has also been filed under Multilateral Instrument 11-102 Passport System British Columbia, Saskatchewan, and Manitoba. A receipt for the prospectus is deemed to be issued by the regulator in each of those jurisdictions, if the conditions of the Instrument have been satisfied.

TSX Venture Exchange has been advised that the occurred on May 17, 2011, for gross proceeds of $88,935,000.00.

Underwriters: 






          National Bank Financial Inc.
Peters & Co. Limited
FirstEnergy Capital Corp.
Paradigm Capital Inc.
CIBC World Markets Inc.
GMP Securities LP.
Scotia Capital Inc.
Desjardins Securities Inc.
             
Offering: 
          7,700,000 subscription receipts ("Receipts").
Receipts will be listed on the Exchange for trading.  Each Receipt entitles the holder thereof to receive, without payment of additional consideration or further action, one common share upon satisfaction of certain conditions outlined in the Prospectus.
             
Security Price:            $11.55 per Receipt.
             
Underwriters' Commission:            5% of the gross proceeds of the offering.
             
Greenshoe Option:            The Underwriter may over-allot the Receipts in connection with this offering and the Company has granted to the Underwriters an option to purchase up to 770,000 additional Receipts, at $8,893,500 gross, up to the close of business June 16, 2011.

New Listing- Receipts

Effective at the opening Thursday May 19, 2011, the Receipts of the Company will commence trading on TSX Venture Exchange.  The Company is classified as an 'Oil and Gas Exploration and Development' company.

Corporate Jurisdiction:                    Alberta
                     
Capitalization: 

Escrow: 
                  8,470,000 Receipts authorized
7,700,000 Receipts issued and outstanding
N/A
                     
Transfer Underwriter: 
Trading Symbol: 
CUSIP Number: 
                  Olympia Trust Company
WSX.R
96809T123
                     
Sponsoring Member:                    National Bank Financial Inc.

For further information, please refer to the Company's Prospectus dated May 6, 2011.

________________________________________

NEX COMPANY:

POLAR RESOURCES CORPORATION ("RSN.H")
BULLETIN TYPE:  Private Placement-Non-Brokered, Shares for Debt
BULLETIN DATE:  May 18, 2011
NEX Company

Private Placement-Non-Brokered

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 16, 2011:

Number of Shares:                340,000 shares
                 
Purchase Price:                $0.16 per share
                 
Number of Placees:                2 placees

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.

Shares for Debt

TSX Venture Exchange has accepted for filing the Company's proposal to issue 936,667 shares to settle outstanding debt for $140,500.

Number of Creditors:            1 Creditor                              
                                           
Insider / Pro Group Participation:                                          
                                           

Creditor 
          Insider=Y / 
Progroup=P 
        Amount
Owing
        Deemed Price
per Share
   
  # of Shares
Estevan Investments Limited
(Robert C. Grey) 
         
     
$140,500      
$0.15      
936,667

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

________________________________________

 

For further information:

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


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