TSX Venture Exchange Daily Bulletins



    VANCOUVER, June 25 /CNW/ -

    
    TSX VENTURE COMPANIES


    ARTHA RE

SOURCES CORPORATION ("AHC.P") BULLETIN TYPE: Remain Halted BULLETIN DATE: June 25, 2007 TSX Venture Tier 2 Company Further to TSX Venture Exchange Bulletin dated June 20, 2007, effective at 8:10 a.m. PST, June 25, 2007 trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Qualifying Transaction pursuant to Listings Policy 2.4. ------------------------------------- ATI AIRTEST TECHNOLOGIES INC. ("AAT") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: June 25, 2007 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 16, 2007: Number of Shares: 17,264,000 shares Purchase Price: $0.05 per share Warrants: 17,264,000 share purchase warrants to purchase 17,264,000 shares Warrant Exercise Price: $0.10 for a one year period Number of Placees: 92 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P No. of Shares Lorrie Bewza P 200,000 Gordon Chan P 100,000 Angela Chin P 100,000 Dain Currie P 400,000 Azim Dhalla P 50,000 Marko Ferenc P 100,000 David Hamilton Smith P 200,000 Gavin Kirk P 300,000 Raymond Martin P 100,000 Lyle McLennan P 100,000 Shane Meyers P 500,000 Dan Seiter P 200,000 Byron Stanley P 200,000 Finder's Fee: 240,000 units and $12,000 payable to Canaccord Capital Corp., 61,600 units and $3,080 payable to Union Securities Ltd., 40,000 units and $2,000 payable to Raymond James, 64,000 units and $3,200 payable to Chartwell Inv. Services and 229,600 units and $11,480 payable to Haywood Securities. Each unit consists of one share and one share purchase warrant to purchase a share at $0.10 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. (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.) ------------------------------------- AURIFER CAPITAL CORP. ("AUF.P") BULLETIN TYPE: New Listing-CPC-Shares BULLETIN DATE: June 25, 2007 TSX Venture Tier 2 Company This Capital Pool Company's ('CPC') Prospectus dated March 23, 2007 has been filed with and accepted by TSX Venture Exchange and the British Columbia Securities Commission effective March 27, 2007, pursuant to the provisions of the British Columbia Securities Act. 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 $200,000 (2,000,000 common shares at $0.10 per share). Commence Date: At the opening June 26, 2007, the Common shares will commence trading on TSX Venture Exchange. Corporate Jurisdiction: British Columbia Capitalization: Unlimited common shares with no par value of which 4,000,000 common shares are issued and outstanding Escrowed Shares: 2,000,000 common shares Transfer Agent: Pacific Corporate Services Ltd. Trading Symbol: AUF.P CUSIP Number: 05156G 10 5 Sponsoring Member: Wolverton Securities Ltd. Agent's Options: 200,000 non-transferable stock options. One option to purchase one share at $0.10 per share up to 24 months from the date of listing. For further information, please refer to the Company's Prospectus dated March 23, 2007. Company Contact: Navin Varshney Company Address: 1302 Nanaimo Street Vancouver, BC V5L 4T6 Company Phone Number: 604-251-6320 Company Fax Number: 604-251-6350 ------------------------------------- CANEXT ENERGY LTD. ("CXZ") (formerly Canext Energy Ltd. ("CXT"), Trimox Energy Inc. ("TRM.A") ("TRM.B")) BULLETIN TYPE: Plan of Arrangement, Resume Trading, Symbol Change, Delist BULLETIN DATE: June 25, 2007 TSX Venture Tier 1 Company Plan of Arrangement: Pursuant to special resolutions passed by the shareholders of each of Canext Energy Ltd. (Canext), Trimox Energy Inc. (Trimox), (including holders of outstanding Trimox Class A shares and Trimox Class B shares), and Tasman Exploration Ltd. (Tasman) on June 21, 2007, Canext, Trimox and Tasman completed a Plan of Arrangement (the Arrangement) under Section 193 of the Business Corporations Act (Alberta). The Arrangement was completed on June 22, 2007, and has resulted in the combination of Canext, Trimox and Tasman to form Canext Energy Ltd. (New Canext). Concurrent with the Arrangement, certain assets of Tasman and Tasman Exploration Limited Partnership were transferred to 1321713 Alberta Ltd., a newly created corporation to be owned by the current Tasman shareholders (the Tasman Spinout). Under the terms of the Arrangement: (a) holders of Trimox Class A shares received 1.0825 Class A common shares of Tasman (the Tasman Shares) for each Trimox Class A share held on the effective date of the Arrangement (the Effective Date); (b) holders of Trimox Class B shares received for each Trimox Class B share held, the lesser of: (i) 10.8247 Tasman Shares; and (ii) that number of Tasman Shares as is equal to the quotient obtained by dividing $10.00 by the five-day weighted average trading price of the common shares of Canext (the Canext Shares) on the TSX Venture Exchange Inc. ending on the second last day preceding the Effective Date, multiplied by 1.0309; (c) holders of Canext Shares received 1.0309 Tasman Shares for each Canext Share held on the Effective Date; (d) Canext, Tasman and Trimox were amalgamated as one corporation to form New Canext and all of the Tasman Shares became common shares of New Canext on a one-for-one basis; and (e) the Tasman Spinout was completed. For further information, please refer to the Joint Information Circular and Proxy Statement of Canext, Trimox and Tasman dated May 25, 2007. The Company is classified as an 'oil and gas exploration and development' company. Resume Trading, Symbol Change: The Canext Shares have been halted from trading since June 22, 2007, pending completion of a Plan of Arrangement referred to above. Effective at the opening, June 26, 2007, trading in the common shares of New Canext will resume and the Class A and Class B Shares of Trimox will have been delisted. New Canext will trade under the new symbol of CXZ, as indicated below. Delisting of Trimox: Effective at the close of business on June 25, 2007, the Class A shares and Class B shares of Trimox will be delisted from TSX Venture Exchange at the request of Trimox as a result of the successful completion of a Plan of Arrangement with Canext and Tasman whereby Canext, Trimox and Tasman combined to carry on business as Canext Energy Ltd. Post-Arrangement: Capitalization: Unlimited common shares with no par value of which 77,399,816 common shares are issued and outstanding Escrowed Shares: 284,156 common shares Transfer Agent: Computershare Trust Company of Canada Trading Symbol: CXZ (new) CUSIP Number: 13751N 10 3 (new) Company Contact: Stephen Kapusta, President & Chief Executive Officer Company Address: Suite 660, 639 - 5 Avenue SW Calgary, AB T2P 0M6 Company Phone Number: (403) 263-3232 Company Fax Number: (403) 234-8773 ------------------------------------- COMMERCE RE

SOURCES CORP. ("CCE") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: June 25, 2007 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 13, 2007: Number of Shares: 3,761,003 shares Purchase Price: $1.20 per share Warrants: 3,761,003 share purchase warrants to purchase 3,761,003 shares Warrant Exercise Price: $1.50 for a two year period Number of Placees: 23 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P No. of Shares Shaun Ledding Y 45,000 Greg Mckenzie P 25,000 Finder's Fee: $8,500 payable to Canaccord Capital Corp. 208,333 shares payable to Brian Trowbridge 2,500 shares 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. ------------------------------------- CONSOLIDATED ECOPROGRESS TECHNOLOGY INC. ("CES") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: June 25, 2007 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 September 20, October 20, November 20, and December 20, 2006 and March 26 and April 26 2007: Number of Shares: 7,365,400 shares Purchase Price: $0.05 per share Warrants: 7,365,400 share purchase warrants to purchase 7,365,400 shares Warrant Exercise Price: $0.10 for a one year period Number of Placees: 32 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P No. of Shares The Havory Consulting Group (Simon Dorey) Y 800,000 Finder's Fee: $16,500 payable to Nipola Holdings Ltd. (Shawn Pattison) 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. ------------------------------------- DELORO RE

SOURCES LTD. ("DLL") BULLETIN TYPE: Warrant Term Extension BULLETIN DATE: June 25, 2007 TSX Venture Tier 2 Company TSX Venture Exchange has consented to the extension in the expiry date of the following warrants: Private Placement: No. of Warrants: 1,500,000 Original Expiry Date of Warrants: August 29, 2007 New Expiry Date of Warrants: August 29, 2008 Exercise Price of Warrants: $0.27 These warrants were issued pursuant to a private placement of 1,500,000 shares with 1,500,000 non-transferable share purchase warrants attached, which was accepted for filing by the Exchange effective August 29, 2006. ------------------------------------- EAGLE HILL EXPLORATION CORPORATION ("EAG.P") BULLETIN TYPE: Halt BULLETIN DATE: June 25, 2007 TSX Venture Tier 2 Company Effective at 9:35 a.m. PST, June 25, 2007, trading in the shares of the Company was halted at the request of the Company, pending an announcement; this regulatory halt is imposed by Market Regulation Services, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules. ------------------------------------- Fairchild Investments Ltd. ("FIC.H") (formerly Fairchild Investments Ltd. ("FIC")) BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change BULLETIN DATE: June 25, 2007 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 June 26, 2007, 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 Vancouver to NEX. As of June 26, 2007, 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 FIC to FIC.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. ------------------------------------- GOLDEN ARROW RE

SOURCES CORPORATION ("GRG") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: June 25, 2007 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 14, 2007: Number of Shares: 5,420,000 shares Purchase Price: $1.25 per share Warrants: 2,710,000 share purchase warrants to purchase 2,710,000 shares Warrant Exercise Price: $1.50 in the first year $1.90 in the second year Number of Placees: 68 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P No. of Shares David Craig P 70,000 Finder's Fees: $121,425 cash payable to Global Resources Investments Ltd. (Arthur Richards Rule) $16,875 cash payable to Canaccord Capital Corporation $90,000 cash payable to Element & Associates (Martyn Element) $131,700 cash payable to Bolder Investment Partners Ltd. 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. ------------------------------------- HOLLOWAY LODGING REAL ESTATE INVESTMENT TRUST ("HLR.UN") BULLETIN TYPE: Notice of Distribution BULLETIN DATE: June 25, 2007 TSX Venture Tier 2 Company The Issuer has declared the following distribution(s): Distribution per Trust Unit: $0.0375 Payable Date: July 13, 2007 Record Date: June 29, 2007 Ex-Distribution Date: June 27, 2007 ------------------------------------- HORIZON INDUSTRIES LIMITED ("HRZ") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: June 25, 2007 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 11, 2007: Number of Shares: 3,025,000 shares Purchase Price: $0.25 per share Warrants: 3,025,000 share purchase warrants to purchase 3,025,000 shares Warrant Exercise Price: $0.30 for three months $0.35 for the remaining months of the first year Number of Placees: 16 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P No. of Shares Christopher Wensley Y 120,000 E. Graeme May P 120,000 Patrick Forseille Y 30,000 Scott Purkis P 20,000 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. ------------------------------------- IBERIAN MINERALS CORP. ("IZN") BULLETIN TYPE: Resume Trading BULLETIN DATE: June 25, 2007 TSX Venture Tier 2 Company Effective at 11:30 a.m. PST, June 25, 2007, shares of the Company resumed trading, an announcement having been made over Marketwire. ------------------------------------- MART RE

SOURCES INC. ("MMT") BULLETIN TYPE: Halt BULLETIN DATE: June 25, 2007 TSX Venture Tier 2 Company Effective at 7:10 a.m. PST, June 25, 2007, trading in the shares of the Company was halted at the request of the Company, pending an announcement; this regulatory halt is imposed by Market Regulation Services, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules. ------------------------------------- OPEL INTERNATIONAL INC. ("OPL") BULLETIN TYPE: New Listing-Shares BULLETIN DATE: June 25, 2007 TSX Venture Tier 2 Company Effective at the opening Tuesday, June 26, 2007, the common shares of the Company will commence trading on TSX Venture Exchange. The Company is classified as a 'Solar Energy Technology' company. Corporate Jurisdiction: New Brunswick Capitalization: unlimited common shares with no par value of which 35,047,052 common shares are issued and outstanding Escrowed Shares: 2,395,418 common shares, to be released in stages over a period of 18 months, with 25% of this number being released from escrow on the date of this bulletin. 3,010,000 incentive stock options and 4,475,000 Exchangeable Shares of the Company's subsidiary, Opel Inc., to be released in stages over a period of 36 months, with 10% of this amount being released from escrow on the date of this bulletin. Transfer Agent: Equity Transfer & Trust Company Trading Symbol: OPL CUSIP Number: 683485 10 6 For further information, please refer to the Company's public disclosure available at www.sedar.com. Company Contact: Robert G. Pico, CEO Company Address: 121 Richmond Street West, Suite 501 Toronto, ON M5H 2K1 Company Phone Number: (416) 368-9411 Company Fax Number: (416) 861-0749 ------------------------------------- RYM CAPITAL CORP. ("RYM.P") BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction within 24 months of Listing BULLETIN DATE: June 25, 2007 TSX Venture Tier 2 Company Further to the TSX Venture Exchange Bulletin dated May 31, 2007, effective at the open, June 26, 2007, 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. Trading in the shares of the Company was halted June 21, 2007, at the request of the Company pending an announcement. Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice. ------------------------------------- SERENIC CORPORATION. ("SER") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: June 25, 2007 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 2, 2007: Number of Shares: 1,999,988 Common Shares Purchase Price: $0.60 per share Warrants: 999,994 share purchase warrants to purchase 999,994 common shares Exercise Price: $0.80 for a one year period Number of Placees: 67 placees Finder's Fee: Canaccord Capital Corporation - Cash - 8% on proceeds received from subscribers introduced by Canaccord plus a 1% administrative fee. Securities - Broker Warrants equal to 10% of the total Units. Each warrant is exercisable at a price of $0.80 per share for a period of one year. Blackmont Capital - Cash - 8% of gross proceeds Securities - Broker Warrants equal to 10% of the total number of Units sold. Each warrant is exercisable at a price of $0.60 per share for a period of one year. High Tech Venture Capital Inc. - Cash - 5% of the gross proceeds Securities - Broker Warrants equal to 10% of the total number of Units sold. Each warrant is exercisable at a price of $0.80 for a period of one year. Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P No. of Shares Robert Sali P 100,000 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). ------------------------------------- Shear Minerals Ltd. ("SRM") BULLETIN TYPE: Private Placement-Brokered BULLETIN DATE: June 25, 2007 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced May 16, 2007: Number of Shares: 2,666,500 Units (Each Unit consists of one common share and one-half of one share purchase warrant.) 4,545,500 flow-through common shares ("FT Shares") Purchase Price: $0.75 per Unit $0.88 per FT Share Warrants: 1,333,250 share purchase warrants to purchase 1,333,250 shares Warrant Exercise Price: $0.95 for a period of 18 months from issuance Number of Placees: 76 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P No. of Shares Flagship Investments Ltd. (Donald Planche) Y 45,500 FT Shares Donald Planche Y 28,500 FT Shares Pamela Strand Y 11,500 FT Shares David Planche Y 20,000 Units Agent's Fee: $406,502.25 in cash and 413,318 Agent's Warrants payable to Integral Wealth Securities Limited. 30,562 Agent's Warrants payable to Wellington West Capital Inc. 35,962 Agent's Warrants payable to Blackmont Capital Inc. 13,500 Agent's Warrants payable to Haywood Securities Inc. 7,133 Agent's Warrants payable to Emerging Equities Inc. 2,250 Agent's Warrants payable to RBC Dominion Securities Inc. 1,215 Agent's Warrants payable to Dundee Securities Corporation 900 Agent's Warrants payable to Octagon Capital Corporation Each Agent's Warrant is exercisable for one common share at a price of $0.75 for a period of 18 months from issuance. ------------------------------------- SILVERBIRCH INC. ("SVB") BULLETIN TYPE: Shares for Debt BULLETIN DATE: June 25, 2007 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the Company's proposal to issue 96,482 shares to settle outstanding debt for $12,435. Number of Creditors: 4 Creditors The Company shall issue a news release when the shares are issued and the debt extinguished. ------------------------------------- TECH SOLUTIONS CAPITAL CORP. ("TSL.P") BULLETIN TYPE: Halt BULLETIN DATE: June 25, 2007 TSX Venture Tier 2 Company Effective at 6:27 a.m. PST, June 25, 2007, trading in the shares of the Company was halted at the request of the Company, pending an announcement; this regulatory halt is imposed by Market Regulation Services, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules. ------------------------------------- TECH SOLUTIONS CAPITAL CORP. ("TSL.P") BULLETIN TYPE: Remain Halted BULLETIN DATE: June 25, 2007 TSX Venture Tier 2 Company Further to TSX Venture Exchange Bulletin dated June 25, 2007, effective at 8:01 a.m. PST, June 25, 2007 trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Qualifying Transaction pursuant to Listings Policy 2.4. ------------------------------------- TRES-OR RE

SOURCES LTD. ("TRS") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: June 25, 2007 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced June 8, 2007: Number of Shares: 2,270,000 non-flow-through shares 342,667 flow-through shares Purchase Price: $0.25 per non-flow-through share $0.30 per flow-through share Warrants: 2,270,000 share purchase warrants to purchase 2,270,000 shares 171,333 share purchase warrants to purchase 171,333 shares Warrant Exercise Price: $0.35 for an eighteen month period (non-flow-through) $0.40 for an eighteen month period (flow-through) Number of Placees: 24 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P No. of Shares David Melillo P 16,667 FT Finder's Fee: $40,215 and 148,750 warrants payable to Canaccord Capital 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. ------------------------------------- WYN DEVELOPMENTS INC. ("WL") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: June 25, 2007 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 7, 2007 and revised June 15, 2007: Number of Shares: 700,000 shares Purchase Price: $0.25 per share Number of Shares: 3,482,000 shares Purchase Price: $0.20 per share Warrants: 4,182,000 share purchase warrants to purchase 4,182,000 shares Warrant Exercise Price: $0.35 for a one year period $0.35 in the second year Number of Placees: 2 placees at $0.25 per share 30 placees at $0.20 per share Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P No. of Shares Sun Tzu Ventures Inc. (David McMillan) Y 500,000 at $0.25 Sun Tzu Ventures Inc. (David McMillan) 175,000 at $0.20 Finder's Fee: $2,300 payable to Animus Ventures (Chad McMillan) $57,000 payable to BBX Marketing (Tom Brady) $1,340 payable to John Kenney $1,000 payable to RBC Dominion Securities $2,000 payable to BMO Nesbitt Burns $2,500 payable to Blackmont Capital 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 COMPANIES THEMAC RE

SOURCES GROUP LTD. ("MAC.H") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: June 25, 2007 NEX Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 15, 2007: Number of Shares: 550,000 shares Purchase Price: $0.18 per share Warrants: 550,000 share purchase warrants to purchase 550,000 shares Warrant Exercise Price: $0.24 for a one year period Number of Placees: 1 placee Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P No. of Shares Kevin W. Maloney Y 550,000 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. ------------------------------------- THE SILVER RECYCLING COMPANY INC. ("TSR.H") BULLETIN TYPE: Halt BULLETIN DATE: June 25, 2007 NEX Company Effective at the open, June 25, 2007, trading in the shares of the Company was halted pending clarification of company's letter of intent; this regulatory halt is imposed by Market Regulation Services, 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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