TSX Venture Exchange Daily Bulletins

VANCOUVER, Sept. 13, 2012 /CNW/ -

TSX VENTURE COMPANIES:

ARGONAUT EXPLORATION INC. ("AGA")
BULLETIN TYPE:  Private Placement-Non-Brokered, Correction
BULLETIN DATE:  September 13, 2012
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange Bulletin dated September 12, 2012 the Bulletin should have read in part as follows:

Finder's Fee:          $12,000 payable to Kim Measor
           

The rest of the bulletin remains unchanged.

________________________________________

CADAN RESOURCES CORPORATION ("CXD")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  September 13, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to the second tranche of a Non-Brokered Private Placement announced July 10, 2012 and August 13, 2012:

Number of Shares:  3,930,000 shares
 
Purchase Price:  $0.15 per share
 
Warrants:  3,930,000 share purchase warrants to purchase 3,930,000 shares
 
Warrant Exercise Price:  $0.20 for a one year period
 
  $0.25 in the second year
 
Number of Placees:  8 placees
 
Finder's Fee:  $40,425 payable to Goldinvest GmbH
   

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.

________________________________________

COUGAR MINERALS CORP. ("COU")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: September 13, 2012
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange Bulletin dated September 7, 2012, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission on September 7, 2012 has been revoked.

Effective at the opening, Friday, September 14, 2012 trading will be reinstated in the securities of the Company (CUSIP 22208R 20 3)

_______________________________________

DEFIANCE SILVER CORP. ("DEF")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  September 13, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 10, 2012:

First Tranche:

Number of Shares:  2,741,500 shares
 
Purchase Price:  $0.20 per share
 
Warrants:  2,741,500 share purchase warrants to purchase 2,741,500 shares
 
Warrant Exercise Price:  $0.40 for a one year period
 
Number of Placees:  16 placees
 

Insider / Pro Group Participation:

  Insider=Y /  
Name  ProGroup=P /   # of Shares
Winfield Consulting Inc. (Bruce Winfield 312,500
Kesa Capital Corp. (Darrell Rader 216,000
IMPACT Silver Corp.  452,000

Finder's Fee:          $3,324 cash payable to Mike Kachanovsky
           

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.

________________________________________

DNI METALS INC. ("DNI")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  September 13, 2012
TSX Venture Tier 1 Company

Effective at 7:30 a.m., PST, September 13, 2012, shares of the Company resumed trading, an announcement having been made.

________________________________________

FULLER CAPITAL CORP. ("FUL.P")
BULLETIN TYPE:  Notice - QT Not Completed - Approaching 24 Months of Listing
BULLETIN DATE:  September 13, 2012
TSX Venture Tier 2 Company

The shares of the Company were listed on TSX Venture Exchange on October 13, 2010.  The Company, which is classified as a Capital Pool Company ('CPC'), is required to complete a Qualifying Transaction ('QT') within 24 months of its date of listing, in accordance with Exchange Policy 2.4.

The records of the Exchange indicate that the Company has not yet completed a QT.  If the Company fails to complete a QT by its 24-month anniversary date of October 15, 2012, the Company's trading status may be changed to a halt or suspension without further notice, in accordance with Exchange Policy 2.4, Section 14.6.

________________________________

GALWAY RESOURCES LTD. ("GWY")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  September 13, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to six Option Agreements (the "Agreements") between the Company and various landowners in the municipality of California in the Santander Department of northeastern Colombia, as detailed below:

1)      Property Description:  Lic. 111 GEXL-40
  Vendor:  Luis Y T Gelvez
  Consideration:  $3,583,428.27 USD cash and 3,402,449 shares
 
2)  Property Descriptions:  HDB-081, HDB-08001X, HDB-08002X, HDB-08003X
  Vendor:  Luis F D Araque
  Consideration:  $2,560,232.00 USD cash and 2,212,846 shares
 
3)  Property Description:  0144-68
  Vendors:   Fernando Maldonado, Alonso A Albarracin, Jacinto G Bautista and Alejo G Bautista
  Consideration:  $15,080.10 USD cash
 
4)  Property Description:  Lic. 15800 GTRB-056
  Vendors:  Maria Y B Duque, Carlos E Gelvez, Jesus S G Rodriguez, Angel C L Gonzales, Maria I G Arias, Jose M Tolosa and Juan A G Arias
  Consideration:  $107,476.40 USD cash and 10,825 shares
 
5)  Property Description:  FCC-814
  Vendors:  Holmes V Garcia, Yorguin T Gelvez, Ivan D D Cuartas and Tilcia T de Vanegas
  Consideration:  $257,769.69 USD cash and 447,478 shares
 
6)  Property Description:  099-68
  Vendor:  Edilma Toloza
  Consideration:  $110,160.06 USD cash and 1,122,817 shares
     

The deemed value of all share issuances is $1.08 per share.

All future consideration that may be payable to the vendors in connection with the Agreements will be subject to TSX-Venture approval.

________________________________________

HELIO RESOURCES CORP. ("HRC")
BULLETIN TYPE:  Halt
BULLETIN DATE:  September 13, 2012
TSX Venture Tier 2 Company

Effective at 6:21 a.m. PST, September 13, 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.

________________________________________

HELIO RESOURCE CORP. ("HRC")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  September 13, 2012
TSX Venture Tier 2 Company

Effective at 9:45 a.m., PST, September 13, 2012, shares of the Company resumed trading, an announcement having been made.

________________________________________

KILKENNY CAPITAL CORPORATION ("KIK.P")
BULLETIN TYPE:  Suspend-Failure to Complete a Qualifying Transaction within 24 months of Listing
BULLETIN DATE:  September 13, 2012
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange Bulletin dated August 13, 2012, effective at the open, Friday, September 14, 2012, trading in the shares of the Company will be suspended, the Company having failed to complete a Qualifying Transaction within 24 months of its listing.

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

________________________________________

LAURION MINERALS EXPLORATION INC. ("LME")
BULLETIN TYPE:  Property-Asset or Share Disposition Agreement
BULLETIN DATE:  September 13, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation relating to a letter of intent regarding the disposition of certain mining claims and a property option agreement (collectively, the "LOI") dated September 4, 2012 between Lincoln Mining Corporation (the "Purchaser") and Laurion Minerals Exploration Inc. (the "Company").  Pursuant to the LOI, the Company shall dispose of certain mining claims and transfer assignment and assumption of the obligations and benefits of a 100% interest in the Bell Mountain property located in Churchill County, Nevada.

In consideration of the asset, the Company shall receive an aggregate of $2,350,000 from the Purchaser.

For more information, refer to the Company's news release dated September 5, 2012.

________________________________________

MOSQUITO CONSOLIDATED GOLD MINES LTD. ("MSQ")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  September 13, 2012
TSX Venture Tier 2 Company

Effective at 8:00 a.m., PST, September 13, 2012, shares of the Company resumed trading, an announcement having been made.

________________________________________

NORTHISLE COPPER AND GOLD INC. ("NCX")
BULLETIN TYPE:  Private Placement-Non-Brokered, Correction
BULLETIN DATE:  September 13, 2012
TSX Venture Tier 1 Company

Further to TSX Venture Exchange Bulletin dated September 12, 2012, the following information regarding the warrants is amended, all other information remains unchanged:

Warrant Exercise Price: $0.25 for a two year period

________________________________________

OPEL TECHNOLOGIES INC. ("OPL")
BULLETIN TYPE:  Private Placement, Brokered
BULLETIN DATE:  September 13, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced June 11, 2012:

Number of Shares:  13,043,479 shares
 
Purchase Price:  $0.23 per share
 
Warrants:  13,043,479 share purchase warrants to purchase 13,043,479 shares
 
Warrant Exercise Price:  $0.35 for a three year period
 
Number of Placees:  46 Placees
 
Agent's Fee:  $210,000, plus 1,304,346 agent's warrants (each warrant exercisable into one common share at a price of $0.23 for a period of four years), payable to IBK Capital 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.

________________________________________

PACIFIC WILDCAT RESOURCES CORP. ("PAW")
BULLETIN TYPE:  Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE:  September 13, 2012
TSX Venture Tier 2 Company

Further to the Exchange Bulletins dated February 24, 2011, July 7, 2011, and January 4, 2012, TSX Venture Exchange has accepted for filing documentation relating to a further amendment of the Acquisition Agreement dated July 22. 2010 ('Acquisition Agreement'), pursuant to an amending agreement dated July 2, 2012 ('Amendment Agreement') among Pacific Wildcat Resources Corp. (the 'Company'), Stirling Capital Limited, Cortec (Pty.) Ltd., Finebrook Investments Pty. Ltd, as trustees for the O'Sullivan Superannuation Fund ('O'Sullivan Fund'), Dunross Capital Ltd. ('Dunross') (O'Sullivan Fund and Dunross are collectively the 'Vendors').

Under the terms of the Amendment Agreement:

  1. The closing date of the acquisition was extended to September 12, 2012, and although the balance of the consideration payable to the Vendors remains unchanged, the method of payment has been revised.
  2. The Vendors will receive an aggregate of 92,592,244 common shares at a deemed price of $0.11 per share to satisfy $10,185,147 of the amount previously payable in cash to the Vendors.
  3. The issuance of a convertible promissory note for a principal amount of $775,000 to the Vendors, repayable on or before 12 months from the date of issuance, bearing interest at a rate of 1% per month compounded monthly. The note is convertible at a price of $0.11 per share.
  4. The issuance of 4,507,584 shares due to the Vendors on the previously agreed terms of Acquisition Agreement and the relevant amendments thereto.
  5. The Company must complete a debt or equity financing to raise a minimum of $3,000,000 and a maximum of $5,000,000, at no less that $0.11 per share.
  6. The Vendors will appoint two nominees to the board of directors of the Company.

Upon closing of the acquisition, the Vendors will each hold approximately 24.07% of the Company issued and outstanding shares on a non-diluted basis. The Company has sought and obtained disinterested shareholder approval for the creation of a control position as defined by Exchange Policy.

Insider / Pro Group Participation:

  Insider=Y /  
Name  ProGroup=P  # of Shares
Finebrook Investments Pty Ltd, as trustee for the O'Sullivan Superannuation Fund  
(Francis Donald O'Sullivan and Pamela O'Sullivan)  63,147,299
Dunross Capital Ltd. (David Anderson 63,147,299
     

Please refer to the Company's news releases of July 3, 2012 and September 11, 2012 for further information.

________________________________________

PREO SOFTWARE INC. ("PKM")
BULLETIN TYPE:  Halt
BULLETIN DATE:  September 13, 2012
TSX Venture Tier 2 Company

Effective at 11:03 a.m. PST, September 13, 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.

________________________________________

QUATERRA RESOURCES INC. ("QTA")
BULLETIN TYPE:  Shares for Services
BULLETIN DATE:  September 13, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 22,727 shares at a deemed price of $0.44 per share in consideration of certain financial and advisory services provided to the Company pursuant to an agreement dated April 15, 2011.

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

________________________________________

SHAMARAN PETROLEUM CORP. ("SNM")
BULLETIN TYPE:  Halt
BULLETIN DATE:  September 13, 2012
TSX Venture Tier 2 Company

Effective at 4:51 a.m. PST, September 13, 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.

________________________________________

SHAMARAN PETROLEUM CORP. ("SNM")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  September 13, 2012
TSX Venture Tier 2 Company

Effective at 9:45 a.m., PST, September 13, 2012, shares of the Company resumed trading, an announcement having been made.

________________________________________

SIGNATURE RESOURCES LTD. ("SGU")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  September 13, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a Share Exchange Agreement dated August 13, 2012 between Eagle Feather Resources Inc. ('Eagle Feather') and the Company.  The Company will issue 3,000,000 shares to acquire 100% of the shares of Eagle Feather. Eagle Feather has the option to acquire a 100% interest in four mineral claims located in the Kenora District, Ontario (the 'Lingman Lake Property') by paying an additional $135,000 in three installments and additional $200,000 within one year of the last installment.

300,000 shares will be issued to Donnybrook Capital Corp. (Michael Blady) as a Finder's Fee in connection with this transaction.

________________________________________

SILVER PURSUIT RESOURCES LTD. ("SPF")
BULLETIN TYPE:  Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE:  September 13, 2012
TSX Venture Tier 2 Company

Further to the bulletin dated August 24, 2010, TSX Venture Exchange has accepted for filing documentation pertaining to an Amendment Agreement dated August 30, 2012 between Silver Pursuit Resources Ltd. (the 'Company') and Benjamin Leonardo Lagardo Burton, which amends the terms of a Letter of Intent between the parties dated August 9, 2010, pursuant to which the Company has an option to acquire a 100% interest in the La Quintera property, located in the State of Sonora, Mexico.  Under the revised terms, the second anniversary option payment will now consist of US$40,000 and 450,000 shares.

________________________________________

TNR GOLD CORP. ("TNR")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  September 13, 2012
TSX Venture Tier 2 Company

Effective at 6:30 a.m., PST, September 13, 2012, shares of the Company resumed trading, an announcement having been made.

________________________________________

TRANSGAMING INC. ("TNG")
BULLETIN TYPE:  Warrant Price Amendment
BULLETIN DATE:  September 13, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the reduction in the exercise price of the following Warrants:

Number of Warrants:  1,750,000
Expiry Date of Warrants:  July 6, 2016
Original Exercise Price of Warrants:  $0.75
New Exercise Price of Warrants:  $0.53
Accelerated Expiry Provision:  N/A
   

These Warrants were issued pursuant to a $3,500,000 Credit Agreement carried-out at arm's length with The Business, Engineering, Science & Technology discoveries Fund and three affiliated funds, which was accepted for filing by TSX Venture Exchange, effective on January 13, 2012.

TRANSGAMING INC. (« TNG » )
TYPE DE BULLETIN : Modification du prix d'exercice des bons de souscription
DATE DU BULLETIN : Le 13 septembre 2012
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté la diminution au prix d'exercice des bons de souscription (les « bons ») suivants :

Nombre de bons :  1 750 000
Date d'échéance des bons :  Le 6 juillet 2016
Prix d'exercice des bons à l'origine :  0,75 $
Nouveau prix d'exercice des bons :  0,53 $
Disposition d'accélération de l'échéance:  N/A
   

Ces bons ont été émis en vertu en vertu d'une convention de crédit à distance de 3 500 000 $ auprès de The Business, Engineering, Science & Technology discoveries Fund et trois fonds affiliés, tel qu'accepté par Bourse de croissance TSX le 13 janvier 2012.

________________________________________

ULTRA LITHIUM INC. ("ULI")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  September 13, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 31, 2012, July 11, 2012 and September 10, 2012:

Number of Shares:  20,000,000 shares
Purchase Price:  $0.05 per share
Warrants:  20,000,000 share purchase warrants to purchase 20,000,000 shares
Warrant Exercise Price:  $0.10 for a two year period
Number of Placees:  4 placees
   

Insider / Pro Group Participation:

    Insider=Y /  
Name    ProGroup=P /   # of Shares
Beijing Guofang Mining Investment Co. Ltd. (Zhang Jiaqi)    10,000,000
 
Finders' Fees:  1,200,000 common shares payable to Weiguo Lang
  $20,000 payable to Shih-Yi Chuang
 

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.

________________________________________

VENDTEK SYSTEMS INC. ("VSI")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  September 13, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 19, 2012:

Number of Shares:  5,812,000 shares
   
Purchase Price:  $0.11 per share
   
Warrants:  5,812,000 half-share purchase warrants to purchase 2,906,000 shares
   
Warrant Exercise Price:  $0.20 for an eighteen month period
   
Number of Placees:  7 placees

Insider / Pro Group Participation:

  Insider=Y /  
Name  ProGroup=P /   # of Shares
Prininvest Offshore SAL  3,750,000
Douglas Buchanan  230,000
Francois Chevallier  100,000
Martin Parent  182,000
Finder's Fee:  $11,616 and 105,600 warrants payable to Haywood 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.

________________________________________

NEX COMPANY:

XIANBURG DATA SYSTEMS CANADA CORPORATION ("XDS.H")
BULLETIN TYPE:  Delist - Failure to Maintain Exchange Requirements
BULLETIN DATE:  September 13, 2012
NEX Company

Effective at the close of business, Friday, September 14, 2012, the common shares will be delisted from TSX Venture Exchange for failing to maintain Exchange Requirements.  The securities of the Company have been suspended in excess of twelve months.

________________________________________

 

SOURCE: TSX Venture Exchange

For further information:

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


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