TSX Venture Exchange Daily Bulletins

VANCOUVER, Nov. 16, 2011 /CNW/ -

TSX VENTURE COMPANIES:

ACCELEWARE LTD. ("AXE")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:   November 16, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,415,518 shares to settle outstanding debt for $70,775,90.

Number of Creditors:      5 Creditors

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

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AZURA VENTURES LTD. ("AZV.P")
BULLETIN TYPE:  Halt
BULLETIN DATE:  November 16, 2011
TSX Venture Tier 2 Company

Effective at 4:51 a.m. PST, November 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.

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AZURA VENTURES LTD. ("AZV.P")
BULLETIN TYPE:  Remain Halted
BULLETIN DATE:  November 16, 2011
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated November 16, 2011, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation pursuant to TSXV Policy 2.4 regarding the Qualifying Transaction.  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.

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CANADIAN OVERSEAS PETROLEUM LIMITED ("XOP")
BULLETIN TYPE:  Halt
BULLETIN DATE:  November 16, 2011
TSX Venture Tier 2 Company

Effective at 6:26 a.m. PST, November 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.

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DETECTOR EXPLORATION LTD. ("DEX")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  November 16, 2011
TSX Venture Tier 2 Company

Effective at opening November 17, 2011, common shares of the Company resumed trading, an announcement having been made on November 16, 2011 as to the termination of a proposed transaction.

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DOREX MINERALS INC. ("DOX")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  November 16, 2011
TSX Venture Tier 2 Company

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

Number of Shares:    5,058,333 shares    
Purchase Price:    $0.15 per share    
Warrants:    5,058,333 share purchase warrants to purchase 5,058,333 shares    
Warrant Exercise Price:    $0.25 for a one year period    
Number of Placees:    20 placees    
Insider / Pro Group Participation:        
    Insider=Y /    
Name    ProGroup=P /     # of Shares
Adela Ventures Corp.
(Julius Galik
Rie Taylor 



100,000
30,000
Finder's Fee: 



$2,100 payable to Gabriel Gates.
$1,575 payable to Alex Kuznecov.
$52,792 payable to Emerald Matrix 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.]

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ENHANCED OIL RESOURCES INC. ("EOR")
BULLETIN TYPE:  Halt
BULLETIN DATE:  November 16, 2011
TSX Venture Tier 2 Company

Effective at 6:03 a.m. PST, November 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.

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FOREST GATE ENERGY INC. ("FGE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 16, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation relating to a Purchase Agreement dated September 29, 2011 between Peter Ferderber (the "Vendor") and the Company, with respect to the Company's acquisition of a 100% interest in the Cuff Lake iron property located approximately 160 kilometres of Val D'Or, Quebec. The property is comprised of 151 mining claims.

In consideration for the 100% interest in the property, the Company paid the vendor $50,000 in cash and it will pay an additional $50,000 in cash on October 31, 2012. In addition, the Vendor holds a 2% net smelter return royalty on the property. 1% of the royalty can be purchased by the Company in consideration of the payment of $3,000,000.

A finder's fee of $10,000 is payable to a consultant, of which $4,000 in cash and $6,000 by the issuance of 100,000 common shares at a deemed price of $0.06 per share.

For further information, please refer to the Company's press release dated November 2, 2011.

FOREST GATE ENERGY INC. (« FGE »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 16 novembre 2011
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt de documents relativement à une convention d'acquisition datée du 29 septembre 2011 entre Peter Ferderber (le « vendeur ») et la société, relativement à l'acquisition par la société d'un intérêt de 100 % dans la propriété de fer Cuff Lake située à environ 160 kilomètres de Val D'Or, Québec. La propriété inclut 151 claims miniers.

En considération de l'intérêt de 100 % dans la propriété, la société a payé au vendeur 50 000 $ en espèces et elle payera une somme additionnelle de 50 000 $ en espèces le 31 octobre 2012. De plus, le vendeur détiendra une royauté de 2 % NSR sur la propriété duquel 1 % peut être rachetée par la société en considération d'un paiement de 3 000 000 $.

Un honoraire d'intermédiation de 10 000 $ est payable à un consultant, dont 4 000 $ en espèces et 6 000 $ par l'émission de 100 000 actions ordinaires au prix réputé de 0,06 $ l'action.

Pour plus d'information, veuillez vous référer au communiqué de presse émis par la société le 2 novembre 2011.

_______________________________

GINGER BEEF CORPORATION ("GB")
BULLETIN TYPE:  Halt
BULLETIN DATE:  November 16, 2011
TSX Venture Tier 1 Company

Effective at 10:10 a.m. PST, November 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.

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HEMISPHERE ENERGY CORPORATION ("HME")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  November 16, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation pertaining to a Purchase and Sale Agreement between Hemisphere Energy Corporation (the Company) and Flying A Petroleum Ltd. (the Vendor, TSX-V FAB), whereby the Company is purchasing working interests in the Trutch oil and gas property in Northeast British Columbia.  In consideration, the Company will pay $250,000 and issue 100,000 common shares to the Vendor.

The acquisition includes a range from 10.5% to 35% working interests in various assets throughout the property.

Insider / Pro Group Participation:  N/A

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MEADOW BAY GOLD CORPORATION ("MAY")
BULLETIN TYPE:  Private Placement-Non-Brokered, Amendment
BULLETIN DATE:  November 16, 2011
TSX Venture Tier 2 Company

Further to TSX Venture Exchange dated November 14, 2011, the Company has advised that the following information is amended:

Finder's Fee:            $76,200 cash and 76,200 warrants exercisable at $1.00 for one year payable to Canaccord Genuity Corp.
             
            $9,000 cash and 9,000 warrants (same terms as above) payable to Sutter Securities Incorporated.
             
            $12,000 cash and 12,000 warrants (same terms as above) payable to First Canadian Capital Markets Limited.
             
            $12,000 cash payable to H & H Securities Limited.

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TERRACE ENERGY CORP. ("TZR")
BULLETIN TYPE:  Halt
BULLETIN DATE:  November 16, 2011
TSX Venture Tier 2 Company

Effective at 12:05 a.m. PST, November 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.

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TERRACE ENERGY CORP. ("TZR")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  November 16, 2011
TSX Venture Tier 2 Company

Effective at 6:30 a.m., PST, November 16, 2011, shares of the Company is resumed for trading as it was halted in error.

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WESTMINSTER RESOURCES LTD. ("WMR")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  November 16, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 4, 2011:

Number of Shares:    12,040,000 shares        
             
Purchase Price:    $0.10 per share        
             
Number of Placees:    54 placees        
             
Insider / Pro Group Participation:            
        Insider=Y /    
Name        ProGroup=P /     # of Shares
Nick Zuccaro 
Glen Indra 
Floralynn Investments Ltd. (G. Indra)
James Nagy 
Ivan Volf 
Shenaz Devji 
Adam Vorberg 








 





















150,000
600,000
200,000
250,000
200,000
300,000
683,500
Finders' Fees:  $23,360 and 233,600 finder's warrants payable to Jordan Capital
  $20,800 and 208,000 finder's warrants payable to Mackie Research Capital
  $2,800 and 28,000 finder's warrants payable to Canaccord Genuity
  $1,200 and 12,000 finder's warrants payable to Raymond James
  $37,120 payable to Carl Jones.
  - Each finder's warrant entitles the holder to purchase a common share of the Company at $0.10 per share 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.

________________________________________

For further information:

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


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