TSX Venture Exchange Daily Bulletins

TORONTO, Feb. 25 /CNW/ -

TSX VENTURE COMPANIES:

BLACK PANTHER MINING CORP. ("BPC")
BULLETIN TYPE:  Shares for Bonuses
BULLETIN DATE:  February 25, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 250,000 bonus shares to the following in consideration of loans in the aggregate amount of $150,000.  The loans bear interest at 12% per annum and have a term of one year.


Criterion Capital Corporation (Douglas Mason
Hazmagic Holdings Inc. (Sead Hamzagic) 
Coombes & Sons Administration Inc. (Ronald Coombes
Bruce E. Morley 
Shares
158,334
25,000
33,333
33,333

________________________________________

CLEANFIELD ALTERNATIVE ENERGY INC. ("AIR")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  February 25, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 126,610 shares and 125,000 share purchase warrants to settle outstanding debt for $25,321.92.

Number of Creditors:  1 Creditor
   
Warrants: 125,000 share purchase warrants to purchase 125,000 shares
   
Warrant Exercise Price:  $0.30 until July 31, 2012
   
The Company shall issue a news release when the shares are issued and the debt extinguished.

________________________________________

DEER HORN METALS INC. ("DHM")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  February 25, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 28, 2011 and February 9, 2011:

Number of Shares:  21,595,000 shares  
     
Purchase Price:  $0.20 per share  
     
Warrants:  21,595,000 share purchase warrants to purchase 21,595,000 shares  
     
Warrant Exercise Price:  $0.30 for a one year period  
     
Number of Placees:  64 placees  
     
Insider / Pro Group Participation:    
     

Name 
Insider=Y /
ProGroup=P /  

# of Shares
Tyrone Docherty  650,000
Docherty Capital Corp. (Tyrone Docherty 750,000
Michael Lerner  250,000
Teepy Tang  30,000
Bendt Oxholm  50,000
Lorenzo Dutto  10,000
Vicki Torbet  10,000
Renee Patterson  25,000
Curtis Hillier  100,000
Wendy Lind  50,000
Bruce Johnstone  100,000
Leon Chan  25,000
   
Finders' Fees: $49,700 cash payable to Pacific International Securities
  $15,000 cash payable to D&D Securities
  $81,000 cash payable to James Simpson
  $76,200 cash payable to Paul Quinn

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.

________________________________________

FIRESTONE VENTURES INC. ("FV")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  February 25, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 20, 2010:

Number of Shares:  13,455,000 shares  
     
Purchase Price:  $0.10 per unit  
     
Warrants:  6,727,500 share purchase warrants to purchase 6,727,500 common shares  
     
Warrant Exercise Price:  $0.15 for a period of two years  
     
Number of Placees:  56 placees  
     
Insider / Pro Group Participation:    
     

Name 
Insider=Y /
ProGroup=P /  

# of Units
Carol Ellis  100,000
David Lyall  1,000,000
Thomas Relling  1,000,000
William Vance  500,000
Bernard Leroux  1,000,000
Robert Disbrow  500,000
Eric Savics  1,000,000
Thomas Seltzer  250,000
Gary Bogdanovich  300,000
Donny Cordick  200,000
Ron Aiello  250,000
William O'Hara  200,000
John Rybinski  750,000
     
Finder's Fee:  Haywood Securities Inc. - $ 83,300 cash
  Canaccord Genuity Corp. - $ 1,295 cash
  PI Financial Corp. - $700 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.

________________________________________

FISSION ENERGY CORP. ("FIS")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  February 25, 2011
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 18, 2011 and January 25, 2011:

Number of Shares:  9,375,000 shares  
     
Purchase Price:  $0.80 per share  
     
Warrants:  4,687,500 share purchase warrants to purchase 4,687,500 shares  
     
Warrant Exercise Price:  $1.00 for a two year period  
     
Number of Placees:  241 placees  
     
Insider / Pro Group Participation:    
     

Name 
Insider=Y /
ProGroup=P /  

# of Shares
Racnat Holdings Inc. (Leon Turner 12,500
Steve Isenberg  50,000
Jeffery Zicherman  17,500
Sherman Dahl  40,000
Nalla Investments Ltd. (Allan Folk 31,000
     
Finders' Fees:  300,000 units and 300,000 warrants payable to Global Resource Investments Ltd.
  3,000 units and 3,000 warrants payable to PI Financial Corp.
  37,500 units and 37,500 warrants payable to M Partners Inc.
  120,000 units and 120,000 warrants payable to Global Market Development LLC (Jeff Phillips)
  16,875 units and 16,875 warrants payable to MacQuarrie Private Wealth Inc.
  22,500 units and 22,500 warrants payable to National Bank Financial
  6,000 units and 6,000 warrants payable to Brant Securities Limited
  1,125 units and 1,125 warrants payable to Northern Securities Inc.
  7,500 units and 7,500 warrants payable to Jean-Pierre Bourtin
  1,965 units and 1,965 warrants payable to Woodstone Capital Inc.
  - Finder's fee warrants are exercisable at $1.00 per share 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.

________________________________________

FRONTLINE GOLD CORPORATION ("FGC")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: February 25, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation with respect to a Brokered Private Placement, announced on December 23, 2010 and January 11, 2011:

Number of Shares:  3,259,176 flow-through shares
   
Purchase Price:  $0.17 per share
   
Number of Placees:  6 placees
   
Intermediaries' Compensation:  Stonecap Securities Inc., CIBC World Markets and Limited Market Dealer Inc. received an aggregate of $44,324.80 in cash and 260,733 brokers' warrants, each allowing the holder to acquire one common share at a price of $0.14 for a period of 24 months following the closing of the private placement.

The Company has confirmed the closing of the private placement pursuant to a news release dated February 11, 2011.

_____________________________

KAIROS CAPITAL CORPORATION ("KRS.P")
BULLETIN TYPE:  New Listing-CPC-Shares
BULLETIN DATE:  February 25, 2011
TSX Venture Tier 2 Company

This Capital Pool Company's ('CPC') Prospectus dated November 24, 2010 has been filed with and accepted by TSX Venture Exchange and the Alberta and British Columbia Securities Commissions, effective November 26, 2010, pursuant to the provisions of the Alberta and British Columbia Securities Acts.  The Common Shares of the Company will be listed on TSX Venture Exchange on the effective date stated below.

The Company has completed its initial distribution of securities to the public.  The gross proceeds received by the Company for the Offering were $300,000 (3,000,000 common shares at $0.10 per share).

Commence Date:  At the opening Monday, February 28, 2011, the common shares will commence trading on TSX Venture Exchange.
   
Corporate Jurisdiction:  Alberta
   
Capitalization: 
Unlimited common shares with no par value of which
7,000,000 common shares are issued and outstanding
   
Escrowed Shares:  4,000,000 common shares
   
Transfer Agent:  Olympia Trust Company
Trading Symbol: KRS.P
CUSIP Number:  48300A 10 3
   
Sponsoring Member:  Macquarie Private Wealth Inc.
   
Agent's Options:  300,000 non-transferable Agent's Options.  One option to purchase one common share at $0.10 per common share up to a period of 24 months from the date the common shares are listed on the Exchange.
   
For further information, please refer to the Company's Prospectus dated November 24, 2010.
 
Company Contact: Kenneth L. Dewyn
President, CEO, CFO & Secretary
Company Address: 5436 - 11th Street NE Calgary, AB  T2E 7E9
Company Phone Number: (403) 274-5387
Company Fax Number: (403) 274-5315
Company E-mail Address: kdewyn@qjets.ca

________________________________________

KALLISTO ENERGY CORP. ("KEC")
BULLETIN TYPE:  Prospectus-Share Offering
BULLETIN DATE:  February 25, 2011
Tier 2 Company

Effective February 7, 2011, the Company's Prospectus dated February 7, 2011 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Alberta, Ontario and British Columbia Securities Commissions, pursuant to the provisions of the their respective Securities Acts. 

TSX Venture Exchange has been advised that closing occurred on February 16, 2011, for gross proceeds of $5,000,000.90.

Agents:  Acumen Capital Finance Partners Limited
   
Offering:  5,882,354 flow-through shares
   
Share Price:  $0.85 per share
   
Greenshoe Option:  The Agent may over-allot the shares in connection with this offering and the Company has granted to the Agent, an option to purchase an additional 705,883 shares at $0.85 per share up to the close of business March 18, 2011.

________________________________________

MONTANA EXPLORATION CORP. ("MTZ")
[formerly AltaCanada Energy Corp. ("ANG")]
BULLETIN TYPE:  Name Change and Consolidation
BULLETIN DATE:  February 25, 2011
TSX Venture Tier 2 Company

Pursuant to a resolution passed by shareholders January 11, 2011, the Company has consolidated its capital on a 10 old for 1 new basis.  The name of the Company has also been changed as follows.

Effective at the opening on February 28, 2011, the common shares of Montana Exploration Corp. will commence trading on TSX Venture Exchange, and the common shares of AltaCanada Energy Corp. will be delisted.  The Company is classified as an 'Oil & Gas Exploration/Development' company.

Post - Consolidation    
Capitalization:  Unlimited  shares with no par value of which
  16,857,331  shares are issued and outstanding
Escrow:  Nil  shares are subject to Escrow
   
Transfer Agent:  Computer Share Trust Company of Canada
Trading Symbol:  MTZ (new)
CUSIP Number:  612042101 (new)

________________________________________

NEW SHOSHONI VENTURES LTD. ("NSV")
BULLETIN TYPE:  Private Placement-Non-Brokered, Amendment
BULLETIN DATE:  February 25, 2011
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange Bulletin dated February 15, 2011, the Exchange has accepted an amendment with respect to a Non-Brokered Private Placement announced January 26, 2011 and February 9, 2011.  The rest of the bulletin remains unchanged.

Finders' Fees  $81,500 and 1,630,000 Finders' Warrants payable to Canaccord Genuity Corp.
  $27,000 and 540,000 Finders' Warrants payable to Haywood Securities Inc.
  $4,000 and 80,000 Finders' Warrants payable to Jones, Gable & Company
  - Each Finder Warrant is exercisable into one common share at a price of $0.10 for a one year period.

________________________________________

NEWSTRIKE CAPITAL INC. ("NES")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  February 25, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing an option agreement dated February 15, 2011 between Minera Aurea, S.A. de C.V., a wholly owned subsidiary of Newstrike Capital Inc. (the 'Company') and Desarrollos Mineros San Luis S.A. de C.V., a wholly owned subsidiary of Goldcorp. Inc. (listed on the TSX), whereby the Company will acquire the surface rights to four claims totalling approximately 7,082 hectares located within the Company's Ana Paula project in the state of Guerrero, Mexico in order to facilitate access to the project.

Total consideration consists of 83,320 shares of the Company.

________________________________________

NULEGACY GOLD CORPORATION ("NUG")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  February 25, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a second amendment dated December 20, 2010 to the exploration agreement with option to form joint venture dated October 1, 2009, as amended September 1, 2010 between NuLegacy Gold Corporation NV, a subsidiary of NuLegacy Gold Corporation (the 'Company') and Miranda U.S.A. Inc., a subsidiary of Miranda Gold Corporation (TSX Venture listed company), whereby the Company will acquire an initial 60% undivided interest in and to a mining lease encompassing a total of 64 unpatented lode mining claims covering approximately two square miles and known as the Coal Canyon Property, located in Eureka County, Nevada, adjacent to the Company's existing Red Hill property. 

Total consideration for the additional claims consists of an additional 50,000 common shares of the Company (200,000 previously issued) and a further US$1,500,000 in exploration expenditures over a period of five years.

The Company can elect to acquire a further 10% interest by preparing and bearing the costs of a feasibility study to be completed within 4 years, and incurring an additional US$1,000,000 on exploration each year. If the feasibility study is not completed, the Company must incur exploration expenditures of US$1,000,000 per year for 10 years from the date of the election in order to acquire the additional 10%. Thereafter, if either of the joint venture parties' interest falls below 10%, that party's interest reverts to a 0.5% NSR royalty.

________________________________________

OROANDES RESOURCE CORP. ("OAR")
BULLETIN TYPE:  Private Placement-Brokered
BULLETIN DATE:  February 25, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Brokered Private Placement announced January 25, 2011:

Number of Shares:  4,800,000 shares  
     
Purchase Price:  $0.20 per share  
     
Warrants:  4,800,000 share purchase warrants to purchase 4,800,000 shares  
     
Warrant Exercise Price:  $0.25 for a two year period  
     
Number of Placees:  20 placees  
     
Insider / Pro Group Participation:    
     

Name 
Insider=Y /
ProGroup=P  

# of Shares
James Blake  250,000
Jason Van Oene  200,000
John Wilson  250,000
Scot Robinson  250,000
Spiro Angelos  250,000
George A. Tozer  50,000
David Mason  50,000
Sandy J. MacDougall  500,000
     
Agents' Fees:  $42,750 cash and 260,000 Agent's Options exercisable at $0.20 for two years payable to IBK Capital Corp.  
  $3,150 cash and 17,500 Agent's Options (same terms as above) payable to CIBC Wood Gundy.  
  $10,800 cash and 60,000 Agent's Options (same terms as above) payable to CIBC World Markets.  
  $450 cash and 2,500 Agent's Options (same terms as above) payable to CIBC Wood.  
  $4,050 cash payable to D & D Securities Inc.

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.

________________________________________

OSI GEOSPATIAL INC. ("OSI")
BULLETIN TYPE:  New Listing-Shares
BULLETIN DATE:  February 25, 2011
TSX Venture Tier 1 Company

Effective at the opening February 28, 2011, the shares of the Company will commence trading on TSX Venture Exchange.  The Company is classified as a "Software" company.

The Company is presently trading on TSX and will be delisted at the close of business on February 25, 2011.

Corporate Jurisdiction:  British Columbia
   
Capitalization:  Unlimited  common shares with no par value of which
  53,031,495  common shares are issued and outstanding
Escrowed Shares:  N/A  
   
Transfer Agent:  Computershare Investor Services
Trading Symbol:  OSI
CUSIP Number:  67103T 10 1
   
Company Contact:  Jim Girard
Company Address:  Suite 400, 4585 Canada Way, Burnaby, B.C. V6G 4L6
Company Phone Number:  778-737-4600
Company Fax Number:  778-373-0027
Company Email Address:  jim.girard@osigeospatial.com

________________________________________

PENNANT ENERGY INC. ("PEN")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE:  February 25, 2011
TSX Venture Tier 2 Company

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

Private Placement:  
   
# of Warrants:  1,800,000
Original Expiry Date of Warrants:  March 6, 2011
New Expiry Date of Warrants:  March 6, 2014
Exercise Price of Warrants:  $0.20
   
New Acceleration Provision:  If the closing price of the Company's shares is $0.225 or greater for a period of 10 consecutive trading days, the warrant holders will have 30 days to exercise their warrants, otherwise the warrants will expire on the 31st day.

These warrants were issued pursuant to a private placement of 2,100,000 shares with 2,100,000 share purchase warrants attached, which was accepted for filing by the Exchange effective March 6, 2009.

________________________________________

PENNANT ENERGY INC. ("PEN")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE:  February 25, 2011
TSX Venture Tier 2 Company

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

Private Placement:  
   
# of Warrants:  1,937,000
Original Expiry Date of Warrants:  March 30, 2011
New Expiry Date of Warrants:  March 30, 2015
Exercise Price of Warrants:  $0.30
   
New Acceleration Provision:  If the closing price of the Company's shares is $0.40 or greater for a period of 10consecutive trading days, the warrant holders will have 30 days to exercise their warrants, otherwise the warrants will expire on the 31st day.

These warrants were issued pursuant to a private placement of 1,043,500 non-flow through shares and 1,787,000 flow through shares with a total of 1,937,000 share purchase warrants attached, which was accepted for filing by the Exchange effective March 30, 2010.

________________________________________

QMC QUANTUM MINERALS CORP. ("QMC")
BULLETIN TYPE:  New Listing-IPO-Units
BULLETIN DATE:  February 25, 2011
TSX Venture Tier 2 Company

The Company's Initial Public Offering ('IPO') Prospectus dated December 31, 2010, has been filed with and accepted by TSX Venture Exchange, and filed with and receipted by the British Columbia and Alberta Securities Commission on January 5, 2011, pursuant to the provisions of the applicable Securities Acts.

The gross proceeds received by the Company for the Offering were $2,500,000 (12,500,000 common shares at $0.20 per share). Each unit consists of one common share in the capital of the Company and one common share purchase warrant. Each share purchase warrant entitles the holder to acquire an additional common share in the capital of the Company for a period of 36 months at a price of $0.30 per share during the 12 month period from the date of listing on the Exchange and at a price of $0.40 for the 24 months thereafter. The Company is classified as a 'Mining' company.

Commence Date:  At the opening February 28, 2011, the Common shares will
commence trading on TSX Venture Exchange.
   
Corporate Jurisdiction:  British Columbia
   
Capitalization:  Unlimited  common shares with no par value of which
  24,857,669  common shares are issued and outstanding
Escrowed Shares:  9,644,669  common shares
   
Transfer Agent:  Computershare Investor Services Inc.
Trading Symbol:  QMC
CUSIP Number:  74734C101
   
Agent:  Haywood Securities Inc.
   
Agent's Warrants:  The Agent received 1,250,000 options to purchase units ("Agent's
Units") having the same terms as those sold under the IPO at a price
of $0.20 per Agent's Unit for a period of 24 months from the closing of the IPO.
   
For further information, please refer to the Company's Prospectus dated December 31, 2010.
 
Company Contact:  Balraj Mann
Company Address:  Suite 600 - 666 Burrard St., Vancouver, BC, V6C 2X8
Company Phone Number:  (604) 377-7740
Company Fax Number:  (604) 688-1320

________________________________________

RED PINE EXPLORATION INC. ("RPX")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  February 25, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 3, 2011:

Number of Shares:  10,900,000 flow-through shares
   
Purchase Price:  $0.10 per share
   
Warrants:  5,450,000 share purchase warrants to purchase 5,450,000 shares
   
Warrant Exercise Price:  $0.25 for a two year period
   
Number of Placees:  20 placees
   
Finder's Fee:  An aggregate of $52,500 in cash and 525,000 finders' warrants payable to Limited Market Dealer Inc. and Secutor Inc.  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 releases dated February 3, 2011 and February 22, 2011.

________________________________________

SEARCH MINERALS INC. ("SMY")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  February 25, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for expedited filing documentation pertaining to a letter agreement dated January 13, 2010 between Search Minerals Inc. (the 'Company'), and the vendors, Andrew Quinlan, Roland Quinlan and Tony Quinlan, pursuant to which the Company may acquire an undivided 100% interest in and to 48 claims known as the Fox Harbour Claims located in southwestern Labrador.  The consideration is as follows:

DATE  CASH  SHARES
Year 1  $10,000  30,000
Year 2  $15,000  50,000
Year 3  $20,000  70,000
Year 4  $30,000  100,000
Year 5  $15,000  50,000

The Year 5 consideration may be replaced by the payment of $100,000 on or before the date that is four years following the acceptance date.

In addition, there is a 1.5% net smelter return royalty relating to the acquisition.  The Company may, at any time, purchase 1% of the net smelter return royalty for $1,000,000.  The Company will may annual cash advance payments of $10,000 commencing five years from the execution of the formal agreement continuing until commercial production, which amounts are deductible against the NSR.

________________________________________

THE FUTURA LOYALTY GROUP INC. ("FUT")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE: February 25, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 160,571 shares at a deemed price of $0.05 per share to settle outstanding debt for $8,028.54.

Number of Creditors: 1 Creditor

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

________________________________________

UNX ENERGY CORP. ("UNX")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  February 25, 2011
TSX Venture Tier 2 Company

Effective at 8:15 a.m., PST, February 25, 2011, shares of the Company resumed trading, an announcement having been made over Market News Publishing.

________________________________________

WHITEMUD RESOURCES INC. ("WMK.H")
[formerly Whitemud Resources Inc. ("WMK")]
BULLETIN TYPE:  Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE:  February 25, 2011
TSX Venture Tier 2 Company

In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company.  Therefore, effective Monday, February 28, 2011, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Calgary to NEX.

As of February 28, 2011, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.

The trading symbol for the Company will change from WMK to WMK.H.  There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital.  The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.

Further to the TSX Venture Bulletin dated December 3, 2010 trading in the Company's securities will remain suspended.

Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.

_______________________________________

XCITE ENERGY LTD. ("XEL")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  February 25, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 23, 2011:

Number of Shares:  1,480,754 shares
   
Purchase Price:  £3.38 (approximately CAD$5.40 per share)
   
Number of Placees:  1 placee
   
No Insider / Pro Group Participation.  
   
No Finder's Fee.

________________________________________

NEX COMPANY:

MIRA RESOURCES CORP. ("MRP")
[formerly Mira Resources Corp. ("MRP.H")]
BULLETIN TYPE: Change of Business, Graduation from NEX to TSX Venture, Symbol Change, Private Placement-Brokered
BULLETIN DATE:  February 25, 2011
NEX Company

The Company has met the requirements to be listed as a TSX Venture Tier 2 Company.  Therefore, effective on Monday, February 28, 2011, the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to Vancouver.

Effective at the opening, on Monday, February 28, 2011, the trading symbol for the Company will change from MRP.H to MRP.

Capitalization:  Unlimited  shares with no par value of which
  125,366,467  shares are issued and outstanding
Escrow:  17,005,764  shares

The Company is classified as an 'oil and gas' company.

TSX Venture Exchange has accepted for filing the Company's Change of Business, which includes the acceptance of the following transaction:

The acquisition of all of the issued and outstanding shares of Equinox TSB Development (Nigeria) Limited ("Equinox TSB") as an arm's length COB.  Mira will pay US$1.8 million in cash and issue 8,333,333 common shares on Closing of the Acquisition.  Additional compensation of US$2 million is payable upon first commercial production and export of oil from the TSB Field and an additional $2 million of compensation is payable upon 1 million barrels of oil being produced and exported from the TSB Field.  Mira is obligated to make two penalty payments of US$500,000 each if it has not entered into an agreement which secures a rig for its well re-entry program within six months of closing of the Share Purchase Agreement or within 12 months of closing of the Share Purchase Agreement.

Insider / Pro Group Participation:  N/A

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

Brokered Private Placement:

A Brokered Private Placement announced on November 18, 2010 and December 3, 2010:

Number of Shares:  66,666,667 shares  
     
Purchase Price:  $0.30 per share  
     
Warrants:  66,666,667 share purchase warrants to purchase 66,666,667 shares  
     
Warrant Exercise Price:  $0.40 per share in the first year  
     
  $0.40 per share in the second year  
     
  Note:  The Company has the right to mandate the exercise of the warrants upon delivery of notice to the subscriber any time after the expiry of four months following the closing date, provided that the closing price in respect of the common shares is at a minimum of $0.55 over a 20 consecutive day period during the period commencing four months following the closing date and ending upon the expiry of the warrants.  
     
Insider / Pro Group Participation:    

Name 
Insider=Y /
ProGroup=P /  

# of Shares
Timothy Logan  165,000
Christine Cappuccitti  75,000
John Comi  75,000
Angelo Comi  75,000
Gordon Fernandes  20,099
Bill Griffis  100,000
George Cross  100,000
Murray McInnes  50,000
Ivano Veschini  300,000
David Lyall  1,000,000
John Tognetti  1,000,000
John Rybinski  500,000
Silvana Morrow  100,000
Chris Stewart  50,000
Michael Marosits  100,000
Liam Balfour  50,000
Thomas Cavanagh  67,000
Johnathan More  333,337
Cyrus Driver  100,000
     
Agent's Fee:  Jennings Capital Inc. will receive a 7% cash commission on the gross proceeds.

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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