TSX Venture Exchange Daily Bulletins

VANCOUVER, June 7, 2012 /CNW/ -

TSX VENTURE COMPANIES:

ASIA PACKAGING GROUP INC. ("APX")
BULLETIN TYPE:  Remain Halted
BULLETIN DATE:  June 7, 2012
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated June 5, 2012, effective at 7:00 a.m., June 7, 2012, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Change of Business and/or the Reverse Takeover pursuant to TSXV Listings Policy 5.2.  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.

________________________________________

BRIXTON ENERGY CORP. ("BRX")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  June 7, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 22, 2012:

Number of Shares:                  1,150,000 shares
                   
Purchase Price:                  $0.05 per share
                   
Warrants:                  1,150,000 share purchase warrants to purchase 1,150,000 shares
                   
Warrant Exercise Price:                  $0.10 for a one year period
                   
Number of Placees:                  7 placees
                   
Finder's Fee:                  $500 cash payable to John Williams

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.

________________________________________

ESPERANZA RESOURCES CORP. ("EPZ")
BULLETIN TYPE:  Private Placement-Brokered
BULLETIN DATE:  June 7, 2012
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced May 2, 2012, as amended May 4, 2012:

Number of Special Warrants:            27,214,000 Special Warrants, each Special Warrant being exchangeable for one unit.
Each unit is comprised of one common share and one half of one share purchase warrant,
totaling in the issuance of 27,214,000 shares and 13,607,000 warrants. The Special
Warrants will be deemed to be exercised upon the earlier of the third business day after
a receipt is issued for the final short form prospectus or on the date that is four months
and one day following the closing of this private placement. If the receipt for the prospectus
has not been obtained by August 7, 2012, each Special Warrant will become exercisable,
for no additional consideration, for 1.05 units, resulting in the issuance of an aggregate of
28,574,700 shares and 14,287,350 warrants.
       
                     
Purchase Price:            $1.25 per Special Warrant        
                     
Warrants:            13,607,000 share purchase warrants to purchase 13,607,000 shares (an additional 680,350
warrants may be issued if the receipt for the prospectus has not been obtained within the
required time frame)
       
                     
Warrant Exercise Price:            $1.80 for a five year period        
                     
Number of Placees:            305 placees        
                     
Insider / Pro Group Participation:                    
                     

Name 
          Insider=Y /
ProGroup=P /  
     
# of Shares
Greg Smith 
William Pincus 
Laurence Morris     
Andrew Swarthout  
Marcel DeGroot   
Exploration Capital Partners
1998-B, LP (Rick Rule)  
Derek Jansen   
Claudia Tornquist  
Bernie DeGroot   
Daniel O'Flaherty  
Lorne Zeiler   
David Franklin   
         

Y        
Y        
Y       

Y              
P        
P       
P       
P       
P          
P        
      200,000
20,000
40,000
80,000
200,000

4,151,200
20,000
100,000
320,000
100,000
2,000
40,000
                     
Agents' Fee:            Cormark Securities Inc., National Bank Financial Inc., Canaccord Genuity Corp. and
Stonecap Securities Inc. received an aggregate of $2,039,550 in cash

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.

________________________________________

FANCAMP EXPLORATION LTD. ("FNC")
BULLETIN TYPE:  Private Placement-Non-Brokered, Property-Asset or Share Disposition Agreement
BULLETIN DATE:  June 7, 2012
TSX Venture Tier 2 Company
Non-Brokered Private Placement

TSX Venture Exchange has accepted for filing documentation with respect to the Non-Brokered Private Placement announced May 9, 2012:

Number of Shares:            10,000,000 shares            
                         
Purchase Price:            $0.30 per share            
                         
Warrants:            10,000,000 share purchase warrants to purchase 10,000,000 shares            
                         
Warrant Exercise Price:            $0.60, exercisable at any time between two and a half years and three years from closing,
unless the exercise date and expiry date are accelerated in certain circumstances.
           
                         
Number of Placees:            1 placee            
                         
Insider / Pro Group Participation:                        
                         

Name 
          Insider=Y /
ProGroup=P /  
         
# of Shares
Champion Minerals Inc.                      10,000,000
                         
Finder's Fee:            $250,000 payable to Raymond James Ltd., as a success fee for services rendered in
connection with the private placement and related transactions with 250,000 common
shares at a deemed price of $0.30 per share, issuable to Raymond James Ltd. as a fee
for services rendered in evaluating the fairness of the private placement and the related
transactions.

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.

Non-Brokered Private Placement
TSX Venture Exchange has accepted for filing documentation with respect to the Non-Brokered Private Placement announced May 11, 2012:

Number of Shares:            8,000,000 shares                                                              
                                                                           
Purchase Price:            $0.25 per share                                                              
                                                                           
Number of Placees:            1 placee                                                              
                                                                           
Insider / Pro Group Participation:                                                                          
                                                                           

Name 
          Insider=Y /
ProGroup=P /  
                                                           
# of Shares
Champion Minerals Inc.                                                                        8,000,000

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.

Property-Asset or Share Disposition Agreement
TSX Venture Exchange has accepted for filing with respect to the disposition by Fancamp Exploration Ltd. (the "Company") of its 17.5% interest in the Fermont Properties, located in north-eastern Quebec, to Champion Minerals Inc. ("Champion"), pursuant to the acquisition agreement dated May 17, 2012, between the Company and Champion, which was originally announced May 9, 2012. The acquisition was paid for by Champion issuing 14,000,000 common shares and 7,000,000 non-transferable warrants to the Company. Each warrant entitles the Company to purchase one common share of Champion at a price of $3.00 per share at any time between two and a half and three years after the date of issue, subject to acceleration in certain circumstances.

As a result of the acquisition, Champion now owns a 100% interest in the Fermont Properties and Champion and the Company terminated their joint venture relating to the Fermont Properties. However, Champion continues to retain its right of refusal over the Company's interest in the Lamellee Property and the Company continues to retain its 50% interest in the 3% royalty on the iron production from the Fermont Properties.

TSX Venture Exchange has accepted for filing documentation with respect to the acquisition by the Company from Champion of a permanent and irrevocable waiver of Champion's right to buy-down one-third of the Company's 50% interest in the 3% royalty on the iron production from the Fermont Properties, which represents a 0.5% royalty interest, pursuant to the waiver agreement dated May 17, 2012, between the Company and Champion, which was originally announced May 9, 2012. As a result, Champion retains its right to buy-down the royalty, from a third party, from 3% to 2.5%.

For further details, please refer to the Company's news releases dated May 9, 2012, May 11, 2012 and May 18, 2012. 

________________________________________

FINAVERA WIND ENERGY INC. ("FVR")
BULLETIN TYPE:  Shares for Bonuses
BULLETIN DATE:  June 7, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,000,000 bonus warrants exercisable at $0.18 per share for one year in consideration of a loan of $850,000 with term of one year, and bearing interest of 7% per annum, compounded monthly.

________________________________________

FSI ENERGY GROUP INC. ("FSI")
[formerly FSI Energy Services Inc. ("FSI")]
BULLETIN TYPE:  Name Change
BULLETIN DATE:  June 7, 2012
TSX Venture Tier 2 Company

Pursuant to a resolution passed by shareholders June 4, 2012, the Company has changed its name as follows.  There is no consolidation of capital.

Effective at the opening, Friday, June 8, 2012, the common shares of FSI Energy Group Inc. will commence trading on TSX Venture Exchange, and the common shares of FSI Energy Services Inc. will be delisted.  The Company is classified as a 'Services to Oil and Gas Extraction' company.

Capitalization: 

Escrow: 
                Unlimited 
26,226,948 
NIL 
shares with no par value of which
shares are issued and outstanding
                     
Transfer Agent:                  Computershare Trust Company of Canada
Trading Symbol: 
CUSIP Number: 
                FSI 
30290J104 
(UNCHANGED)
(new) ISIN: CA30290J1049

________________________________________

GOLDEN BAND RESOURCES INC. ("GBN")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  June 7, 2012
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing a Property Option Agreement dated June 16, 2011 and amended June 5, 2012 between Golden Band Resources Inc. (the Company) and 1542651 Alberta Ltd. (the Vendors: James Beardsall, Thomas Fontaine, Karl Meade, Terrence Primeau) whereby the Company has been granted an option to acquire a 100% interest in the North Lake Property, Saskatchewan.  Consideration is $100,000 cash, or at the Company's election, 500,000 warrants exercisable at $0.33 for a three year period, and at the Vendor's election either $200,000 cash or shares of the Company and $1,000,0000 in exploration expenditures within a three year period.  The Property is subject to a 2% NSR with the Company having the option to purchase one-half (1%) for $500,000.

________________________________________

LAKELAND RESOURCES INC. ("LK")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  June 7, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 9, 2012:

Number of Shares:            1,950,000 shares                  
                               
Purchase Price:            $0.10 per share                  
                               
Warrants:            1,950,000 share purchase warrants to purchase 1,950,000 shares                  
                               
Warrant Exercise Price:            $0.15 for a one year period                  
                               
Number of Placees:            7 placees                  
                               
Insider / Pro Group Participation:                              
                               

Name 
          Insider=Y /
ProGroup=P /  
               
# of Shares
Robert Duess 
Anne Jemison 
         
                100,000
100,000
                               
Finders' Fees: 
          Macquarie Private Wealth Inc. $8,000 cash payable.
Sheridan Brothers Limited Partnership $4,000 cash payable.

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.]

________________________________________

MEDWORXX SOLUTIONS INC. ("MWX")
BULLETIN TYPE:  Private Placement-Brokered
BULLETIN DATE:  June 7, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced May 15, 2012:

Number of Shares:                  9,136,754 shares
                   
Purchase Price:                  $0.34 per share
                   
Warrants:                  4,568,354 share purchase warrants to purchase 4,568,354 shares
                   
Warrant Exercise Price:                  $0.40 for a four year period
                   
Number of Placees:                  109 placees
                   
Agent's Fee:                  an aggregate of $235,594.89, plus 716,546 broker warrants (each broker warrant is exercisable at a price of $0.34 for a period of 24 months into one common share and one half of one warrant, with each full warrant exercisable at the same terms as above), payable to Paradigm Capital Inc. and MGI Securities Inc.

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.

________________________________________

PETROX CAPITAL CORP. ("PTC")
[formerly Petrox Capital Corp. ("PTC.P")]
BULLETIN TYPE:  Qualifying Transaction-Completed/New Symbol, Resume Trading, CPC-Filing Statement, Private Placement-Brokered, Short Form Offering Document-Distribution
BULLETIN DATE:  June 7, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Filing Statement dated April 13, 2012.  As a result, at the opening, on Friday, June 8, 2012, the Company will no longer be considered a Capital Pool Company.  The Qualifying Transaction includes the following:

Qualifying Transaction-Completed/New Symbol

The Qualifying Transaction involves the arm's length Acquisition of certain oil and gas assets from Richfield Oils Inc. pursuant to an asset purchase agreement dated February 29, 2012.  Pursuant to the Acquisition, the Company issued 3,000,000 shares at a deemed price of $0.25 per share for total deemed consideration of $750,000.

A total of 3,000,000 common shares issued pursuant to the Qualifying Transaction are subject to a TSX-V Tier 2 Value Security Escrow Agreement to be released over a 36-month period upon completion of the Qualifying Transaction.  In addition, 3,600,000 common shares are subject to a CPC Escrow Agreement.

Insider / Pro Group Participation:                                                                        
                                                                         

Name 
        Insider=Y /
ProGroup=P 
                                                           
# of Shares
Richfield Oils Inc.  
(Richard Boswell)
       
                                                           
3,000,000

The Exchange has been advised that the above transaction, which did not require shareholder approval under Exchange Policies, was completed on May 31, 2012.

Resume Trading

In conjunction with the completion of the Company's Qualifying Transaction, trading will resume effective at the opening, Friday, June 8, 2012.

CPC-Filing Statement

TSX Venture Exchange has accepted for filing the Company's CPC Filing Statement dated April 13, 2012, for the purpose of filing on SEDAR.

In addition, the Exchange has accepted for filing the following:

Private Placement-Brokered

TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced January 27, 2011:

Number of Shares:                  3,857,000 shares
                   
Purchase Price:                  $0.25 per share
                   
Warrants:                  1,928,500 share purchase warrants to purchase 1,928,500 shares
                   
Warrant Exercise Price: 

                $0.40 for a one year period
$0.40 in the second year
$0.40 in the third year
                   
Number of Placees:                  33 placees
                   
Agent:                  Wolverton Securities Ltd.
                   
Agent's Fee:                  Cash: $96,425 (being 10% of the gross proceeds)
                   
Securities:                 385,700 options entitling the Agent to purchase one Unit at an exercise price of $0.25 for 3 years until May 31, 2015.  Each Unit comprises of one Common Share and one-half of one Warrant.  Each whole Warrant entitles the holder to subscribe for one additional Common Share at $0.40 until May 31, 2015.

Short Form Offering Document-Distribution

The Company's Short Form Offering Document dated April 30, 2012 was filed with and accepted by TSX Venture Exchange on April 11, 2012.  The Exchange has now been advised that the Offering closed on May 31, 2012.

TSX Venture Exchange has been advised that closing occurred on May 31, 2012, for gross proceeds of $594,850.

Agent:                  Wolverton Securities Ltd.
                   
Offering:                  2,379,400 shares
                   
Share Price:                  $0.25 per share
                   
Agent's Options:                  237,940 non-transferable options exercisable to purchase
one share at $0.25 per share until May 31, 2015.
                   
Capitalization: 

Escrow: 
                Unlimited 
15,856,400 
6,600,000 
shares with no par value of which
shares are issued and outstanding
shares
                     
Symbol:                  PTC  same symbol as CPC but with .P removed

The Company is classified as an "Oil & Gas" company.

Company Contact: 

Company Address: 

Company Phone Number: 
Company Fax Number: 
Company Email Address: 
            Alan Chan
Chief Financial Officer
Suite 2806, 505 - 6th Street SW
Calgary, Alberta  T2P 1X5
(403) 237-8330
(403) 228-3013
achan@accapital.ca

________________________________

POLO BIOLOGY GLOBAL GROUP CORPORATION ("PGG")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  June 7, 2012
TSX Venture Tier 1 Company

Effective at 5:30 a.m., PST, June 7, 2012, shares of the Company resumed trading, an announcement having been made.

________________________________________

PUMA EXPLORATION INC. ("PUM")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  June 7, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement announced on June 5, 2012:

Number of Shares:                  1,000,000 common shares
                   
Purchase Price:                  $0.25 per common share
                   
Warrants:                  1,000,000 warrants to purchase 1,000,000 common shares
                   
Warrants Exercise Price:                  $0.35 per share until June 4, 2014
                   
Number of Placees:                  1 placee

The Company has confirmed the closing of the above-mentioned Private Placement.

EXPLORATION PUMA INC. (« PUM »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 7 juin 2012
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, tel qu'annoncé le 5 juin 2012 :

Nombre d'actions :              1 000 000 d'actions ordinaires
               
Prix :              0,25 $ par action ordinaire
               
Bons de souscription :              1 000 000 de bons de souscription permettant de souscrire à 1 000 000 d'actions ordinaires
               
Prix d'exercice des bons :              0,35 $ l'action jusqu'au 4 juin 2014
               
Nombre de souscripteurs :              1 souscripteur

La société a confirmé la clôture du placement privé.

___________________________________________

QRS CAPITAL CORP. ("QRS")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  June 7, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 26, 2012:

Number of Shares:                  1,953,240 shares
                   
Purchase Price:                  $0.40 per share
                   
Warrants:                  976,620 share purchase warrants to purchase 976,620 shares
                   
Warrant Exercise Price:                  $0.70 for a two year period
                   
Number of Placees:                  36 placees
                   
Finder's Fee: 

                $30,765 payable to Canaccord Genuity Corp., with 76,912 warrants attached, exercisable at $0.40 for two years
$10,500 payable to Raymond James Ltd., with 26,250 warrants attached, exercisable at $0.40 for two years
$11,833 payable to DD Mercantile Corp. (David Doherty), with 56,890 units on the same terms as above and 29,582 warrants attached, exercisable at $0.40 for two years

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.

________________________________________

SHONA ENERGY COMPANY, INC. ("SHO")
BULLETIN TYPE:  Normal Course Issuer Bid
BULLETIN DATE:  June 7, 2012
TSX Venture Tier 1 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 June 6, 2012, it may repurchase for cancellation, up to 15,640,750 shares in its own capital stock.  The purchases are to be made through the facilities of TSX Venture Exchange during the period June 7, 2012 to June 7, 2013.  Purchases pursuant to the bid will be made by AltaCorp Capital Inc. on behalf of the Company.

________________________________________

SNIPGOLD CORP. ("SGG")("SGG.RT")
BULLETIN TYPE:  Rights Offering-Units
BULLETIN DATE:  June 7, 2012
TSX Venture Tier 2 Company

The Company has announced it will issue to eligible Shareholders of record at June 13, 2012, Rights to purchase Units of the Company.  One (1) Right will be issued for each share held. Three (3) Rights and $0.75 are required to purchase one Unit, each Unit consisting of:

  1. one flow-through common share;
  2. one-half of one non-transferable common share purchase warrant, each whole non-transferable common share purchase warrant exercisable for 60 days to acquire one additional flow-through common share for $0.75; and
  3. one-half of one transferable non-flow-through common share purchase warrant, each whole transferable common share purchase warrant exercisable for two years to acquire one additional non-flow-through common share at a price of $1.25 per share, subject to acceleration in the event that the Company's common shares trade above $1.75 per share on the Exchange for 10 consecutive trading days in which event the Company may give notice to the holders of the warrants that the warrants shall expire on a date not less than 30 days from the date of such notice.

As at June 6, 2012 the Company had 18,276,143 shares issued and outstanding.

Effective at the opening, Monday, June 11, 2012, the shares of the Company will trade Ex-Rights and the Rights will commence trading at that time on a 'when-issued basis'.  The Company is classified as a 'Mineral Exploration' company.

Summary:

Basis of Offering:                      Three (3) Rights exercisable for One (1) Unit at $0.75 per Unit.
                       
Record Date: 
Shares Trade Ex-Rights: 
Rights Called for Trading: 
Rights Trade for Cash: 






























June 13, 2012
June 11, 2012
June 11, 2012
June 29, 2012
- Trading in the rights shall be for cash for the three trading days preceding the expiry date.
Rights Expire:                      July 5, 2012

TRADE DATES

June 29 2012 - TO SETTLE - July 3, 2012
July 3, 2012 - TO SETTLE - July 4, 2012
July 4, 2012 - TO SETTLE - July 5, 2012
July 5, 2012 - TO SETTLE - July 5, 2012

Rights Trading Symbol: 
Rights CUSIP Number: 
Subscription Agent and Trustee: 
Authorized Jurisdiction(s): 



   











SGG.RT
83307A 11 1
Valiant Trust Company
B.C., Alberta, Saskatchewan, Manitoba, Ontario, Nova Scotia, and Yukon Territory.

For further details, please refer to the Company's Short Form Rights Offering Prospectus dated June 6, 2012.

________________________________________

STORAGEVAULT CANADA INC. ("SVI")
BULLETIN TYPE:  Normal Course Issuer Bid
BULLETIN DATE:  June 7, 2012
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 June 5, 2012, it may repurchase for cancellation, up to 1,673,561 shares in its own capital stock.  The purchases are to be made through the facilities of TSX Venture Exchange during the period June 12, 2012 to June 12, 2013.  Purchases pursuant to the bid will be made by MGI Securities on behalf of the Company.

________________________________________

TRAFINA ENERGY LTD. ("TFA.A") ("TFA.WT.A")
BULLETIN TYPE:  Halt
BULLETIN DATE:  June 7, 2012
TSX Venture Tier 2 Company

Effective at 10:39 a.m. PST, June 7, 2012, trading in the shares of the Company was halted at the request of the Company, pending news.  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.

________________________________________

XEMPLAR ENERGY CORP. ("XE")
BULLETIN TYPE:  Remain Halted
BULLETIN DATE:  June 7, 2012
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated June 6, 2012, effective at 5:30 a.m., June 7, 2012, trading of the Company's common shares will remain halted until satisfactory documentation to effect a resumption of trading is filed with the Exchange, or the proposed transaction is terminated.  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.

________________________________________

NEX COMPANY:

MITEC TELECOM INC. ("MTM.H")
BULLETIN TYPE:  New Listing-Shares, Transfer and New Addition to NEX
BULLETIN DATE:  June 7, 2012
NEX Company

Effective at the opening, on Friday, June 8, 2012, the shares of the Company will commence trading on NEX.

The Company has voluntarily delisted from the Toronto Stock Exchange effective at the close of business on June 7, 2012.  The Company no longer meets Toronto Stock Exchange minimum listing requirements and also does not meet the requirements of a TSX Venture Tier 2 company.

As of June 8, 2012, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.

The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.  The Company is classified as an 'unclassified' company.

Corporate Jurisdiction:                   Canada Business Corporations Act
                   
Capitalization: 

Escrowed Shares: 
                Unlimited 
278,067,289 
Nil 
common shares with no par value of which
common shares are issued and outstanding
common shares
                     
Transfer Agent: 
Trading Symbol: 
CUSIP Number: 
Agent's Warrants: 
                Canadian Stock Transfer Company, Inc. (Montreal)
MTM.H
606922 10 2
N/A
                   
Company Contact: 
Company Address: 
Company Phone Number: 
Company Fax Number: 
Company Email Address: 
                Jeffrey A. Mandel (President and CEO)
115 Gun Avenue, Pointe Claire, Quebec  H9R 1E8
(514) 694-9000
(416) 922 2314
jeffrey.mandel@mitectelecom.com

_______________________________________

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.