TSX Venture Exchange Daily Bulletins



    VANCOUVER, Jan. 17 /CNW/ -

    
    TSX VENTURE COMPANIES

    ALTIMA RE

SOURCES LTD. ("ARH") BULLETIN TYPE: Shares for Debt BULLETIN DATE: January 17, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,250,000 shares at a deemed price of $0.1958 per share to settle outstanding debt for $440,547.95. Number of Creditors: 1 Creditor The Company shall issue a news release when the shares are issued and the debt extinguished. TSX-X ----------------------------------- BLUEROCK RE

SOURCES LTD. ("BRD") BULLETIN TYPE: Resume Trading BULLETIN DATE: January 17, 2008 TSX Venture Tier 2 Company Effective at the open, January 17, 2008, shares of the Company resumed trading, an announcement having been made over StockWatch. TSX-X ----------------------------------- BNP RE

SOURCES INC. ("BNX.A") BULLETIN TYPE: Private Placement-Brokered BULLETIN DATE: January 17, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced December 10, December 11, and December 21, 2007: Number of Shares: 857,143 common shares 3,133,334 flow-through common shares ('FT Shares') Purchase Price: $1.40 per common share $1.50 per FT Share Number of Placees: 109 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares Fred Kerr P 51,143 common shares Chad Larson P 4,000 FT Shares Curtis Mayert P 38,000 FT Shares Scott McGregor P 20,000 FT Shares Brian Parker P 29,000 FT Shares Brian Pow P 38,334 FT Shares Agent's Fee: $413,000.08 payable to Acumen Capital Finance Partners Limited TSX-X ----------------------------------- CANADIAN IMPERIAL VENTURE CORP. ("CQV") BULLETIN TYPE: Halt BULLETIN DATE: January 17, 2008 TSX Venture Tier 2 Company Effective at the open, January 17, 2008, 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. TSX-X ----------------------------------- CERVUS LP ("CVL.UN") BULLETIN TYPE: Notice of Distribution BULLETIN DATE: January 17, 2008 TSX Venture Tier 1 Company The Issuer has declared the following distribution: Distribution per Trust Unit: $0.09 Payable Date: February 15, 2008 Record Date: January 31, 2008 Ex-Distribution Date: January 29, 2008 TSX-X ----------------------------------- CHINA EDUCATION RE

SOURCES INC. ("CHN") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: January 17, 2008 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 8, 2008: Number of Shares: 4,600,000 shares Purchase Price: $0.50 per share Number of Placees: 2 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares Keywise Greater China Master Fund Y 4,000,000 Finder's Fee: N/A 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. TSX-X ----------------------------------- CHURCHILL ENERGY INC. ("CEI") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: January 17, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 27 and December 21, 2007: Number of Shares: 2,862,500 common shares 1,781,028 flow-through common shares ('FT Shares') Purchase Price: $0.30 per common share $0.35 per FT Share Number of Placees: 41 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares James P. Baker Y 120,000 FT Shares Kelly D. Cowan Y 211,833 common shares Noosa Energy Ltd. (Kelly D. Cowan) Y 50,000 FT Shares Steve Fitzmaurice Y 100,000 common shares Bradley Hertz Y 400,000 common shares Philip Hughes Y 571,428 FT Shares Thanh Kang Y 266,000 common shares Byron Mann Y 62,500 FT Shares Noblemann Petroleum Limited (Byron Mann) Y 207,500 FT Shares Linda Shaikh Y 335,000 common shares John Ritchie P 170,000 common shares M. Ruth Young P 40,000 common shares TSX-X ----------------------------------- GFI OIL & GAS CORPORATION ("GFI") BULLETIN TYPE: Property-Asset or Share Disposition Agreement BULLETIN DATE: January 17, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing final documentation in respect of the grant by the Company of a Call Option, as defined below, to Salamander Energy plc (Salamander), a company listed on the London Stock Exchange plc, in the context of an arrangement agreement dated December 14, 2007 (the Arrangement Agreement), as entered into among the Company, Salamander, and a wholly owned subsidiary of Salamander, whereby Salamander proposes to indirectly acquire all of the outstanding common shares of the Company. Under the terms of the Arrangement Agreement shareholders of the Company will receive, at their option, for each common share of the Company, either (i) US $0.3129 in cash and 0.1573 of an ordinary share of Salamander, or (ii) 0.218 of an ordinary share of Salamander, provided that the maximum aggregate amount of cash payable by Salamander pursuant to the arrangement is US $55 million. In connection with the Arrangement Agreement, Salamander has agreed to provide the Company with credit facilities in an amount of up to US$55.5 million (the Credit Facilities). As a condition of the Arrangement Agreement, the Company, Salamander, and a direct and indirect wholly owned subsidiary of the Company, entered into a Call Option Agreement dated December 14, 2007, whereby Salamander was granted an irrevocable call option (the Call Option) to purchase the Company's 35% working interest in the Kambuna development asset in Indonesia for US$45 million, subject to adjustments in certain circumstances. The Call Option is exercisable by Salamander if certain triggering or default events occur in relation to the Arrangement Agreement or the Credit Facilities. If Salamander elects to exercise the Call Option, a non-completion fee of US$4 million, as contemplated by the Arrangement Agreement, will not be payable. For further information on the Call Option and related matters, please refer to the Company's news release dated December 14, 2007. TSX-X ----------------------------------- GOLD BULLION DEVELOPMENT CORP. ("GBB") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: January 17, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 20, 2007: Second Tranche: Number of Shares: 2,703,333 shares Purchase Price: $0.15 per share Warrants: 2,703,333 share purchase warrants to purchase 2,703,333 shares Warrant Exercise Price: $0.18 for a one year period Number of Placees: 6 placees Finder's Fees: $1,500 cash payable to Investpro Securities Inc. (Jacques Gadbois) 47,000 common shares payable to Carole Hind 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. TSX-X ----------------------------------- IVORY ENERGY INC. ("IV") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: January 17, 2008 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 7, 2007 and December 24, 2007. Number of Shares: 1,965,200 flow through shares Purchase Price: $0.75 per flow through share Warrants: 982,600 share purchase warrants to purchase 982,600 common shares Exercise Price: $1.00 per share for a period of twelve months from the date of closing Number of Placees: 28 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares Arnold Armstrong Y 135,000 Jaime Der Y 16,000 Lynford Evans P 15,000 Ian Gallie Y 33,333 Greg Hall Y 40,000 International Cetic Investments Ltd. (Arnold Armstrong) Y 135,000 Kelvin Grove Y 135,000 Chester Kmiee P 12,500 Finder's Fee: A total of $57,002 cash distributed as follows: Allegro Energy Capital Corporation $8,550 Blackmont Capital Inc. $1,530 Leede Financial Markets Inc. $9,360 Max Capital Markets Ltd. $33,962 Wellington West Capital Markets Inc. $3,600 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). TSX-X ----------------------------------- LUIRI GOLD LIMITED ("LGL") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: January 17, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 11, 2007: Number of Shares: 6,000,000 shares Purchase Price: $0.50 per share Warrants: 3,000,000 share purchase warrants to purchase 3,000,000 shares Warrant Exercise Price: $0.75 for a two year period Number of Placees: 32 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P No. of Shares Peter Cahal & Christine Tanham Y 100,000 Finder's Fees: $150,000 cash payable to Strata Capital UK LLP. $75,000 cash (comprised of a combination of finder's fees and due diligence fees) payable to First Canadian Capital Markets. 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. TSX-X ----------------------------------- NEW WORLD RE

SOURCE CORP. ("NW") BULLETIN TYPE: Halt BULLETIN DATE: January 17, 2008 TSX Venture Tier 2 Company Effective at 8:03 a.m. PST, January 17, 2008, 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. TSX-X ----------------------------------- NEW WORLD RE

SOURCE CORP. ("NW") BULLETIN TYPE: Resume Trading BULLETIN DATE: January 17, 2008 TSX Venture Tier 2 Company Effective at 10:00 a.m. PST, January 17, 2008, shares of the Company resumed trading, an announcement having been made over Marketwire. TSX-X ----------------------------------- NSTEIN TECHNOLOGIES INC. ("EIN") BULLETIN TYPE: Private Placement-Brokered BULLETIN DATE: January 17, 2008 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement of Special Warrants announced November 14, 2007: Number of Shares: 8,000,000 special warrants Purchase Price: $1.00 per special warrant Number of Placees: 37 placees Insider/Pro Group Participation: Name Insider equals Y/Pro Group equals P Number of Shares Jeremy Rakusin P 70,000 Bryan Rakusin P 180,000 J.L. Albright IV Parallel II Venture Fund L.P. Y 49,628 J.L. Albright IV Parallel Venture Fund L.P. Y 190,165 J.L. Albright IV Venture Fund L.P. Y 960,207 Martin Lievre P 75,000 Martin Proulx P 30,000 Jean-François Brossard P 15,000 Viavar Capital inc. (André Courtemanche) Y 500,000 Luc Filiatreault Y 300,000 Desjardins Securities P 1,160,000 Agents' Fees: $212,400 cash and 212,400 Compensation Warrants received by Desjardins Securities Inc. $88,500 cash and 88,500 Compensation Warrants received by to TD Securities Inc. $53,100 cash and 53,100 Compensation Warrants received by to Jennings Capital Inc. Each Compensation Warrant permits the holder to purchase one common share in the capital of the Company at a price of $1.00 for a term of two years from closing. The Company has confirmed the closing of the Private Placement by way of a press release dated November 30, 2007. NSTEIN TECHNOLOGIES INC. ("EIN") TYPE DE BULLETIN : Placement privé par l'entremise d'un courtier DATE DU BULLETIN : Le 17 janvier 2008 Société du groupe 1 de TSX Croissance Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé par l'entremise d'un courtier, tel qu'annoncé le 14 novembre 2007 : Nombre d'actions : 8 000 000 bons de souscription spéciaux Prix : 1,00 $ par bon de souscription spécial Participation Initié/Groupe Pro : Nom Initié égale Y/Groupe Pro égale P Nombre d'actions Jeremy Rakusin P 70 000 Bryan Rakusin P 180 000 J.L. Albright IV Parallel II Venture Fund L.P. Y 49 628 J.L. Albright IV Parallel Venture Fund L.P. Y 190 165 J.L. Albright IV Venture Fund L.P. Y 960 207 Martin Lievre P 75 000 Martin Proulx P 30 000 Jean-François Brossard P 15 000 Viavar Capital inc. (André Courtemanche) Y 500 000 Luc Filiatreault Y 300 000 Desjardins Securities P 1 160 000 Commission des agents: 212 400 $ en espèces et 212 400 bons de souscription reçus par mobilières Desjardins inc. 88 500 $ en espèces et 88 500 bons de souscription reçus par Valeurs mobilières TD inc. 53 100 $ en espèces et 53 100 bons de souscription reçus par Jennings Capital inc. Chaque bon de souscription permit au titulaire de souscrire à une action ordinaire de la société au prix de 1,00 $ par action pendant une période de deux ans suivant la clôture du placement privé. La société a annoncé la clôture du placement privé par voie d'un communiqué de presse émis le 30 novembre 2007. TSX-X ----------------------------------- PYRAMID PETROLEUM INC. ("PYR") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: January 17, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation relating to the non arm's length acquisition from Capco Resources Inc. ("Capco") of oil and gas working interests located in the Gulf of Mexico for a $1,000,000 cash payment and the assumption of debt. Ilyas Chaudhary is the majority shareholder and Chief Executive Officer of both the Company and Capco. For further information please see the Company's news releases dated April 3, 2007, May 18, 2007 and September 6, 2007. TSX-X ----------------------------------- REVA RE

SOURCES CORP. ("RVA") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: January 17, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 10, 2007: Number of Shares: 30,000,000 shares Purchase Price: $0.05 per share Warrants: 30,000,000 share purchase warrants to purchase 30,000,000 shares Warrant Exercise Price: $0.10 for a one year period Number of Placees: 10 placees No Insider/Pro Group Participation Finder's Fee: 10% in shares (3,000,000) based on the number of shares issued payable to Larry Aligizakis. 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.) TSX-X ----------------------------------- RSX ENERGY INC. ("RSX") BULLETIN TYPE: Halt BULLETIN DATE: January 17, 2008 TSX Venture Tier 2 Company Effective at the open, January 17, 2008, 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. TSX-X ----------------------------------- SPITFIRE ENERGY LTD. ("SEL") BULLETIN TYPE: Warrant Term Extension BULLETIN DATE: January 17, 2008 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: 1,300,000 Original Expiry Date of Warrants: December 19, 2008 New Expiry Date of Warrants: August 1, 2010 Exercise Price of Warrants: $1.15 These warrants were issued pursuant to a private placement of shares with share purchase warrants attached, which was accepted for filing by the Exchange effective December 22, 2007 TSX-X ----------------------------------- WWI RE

SOURCES LTD. ("WWI") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: January 17, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 19, 2007: Number of Shares: 15,000,000 shares Purchase Price: $0.20 per share Warrants: 15,000,000 share purchase warrants to purchase 15,000,000 shares Warrant Exercise Price: $0.26 for a two year period Number of Placees: 16 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares Quentin Adrian Y 15,000 Delia Barbosa P 20,000 Gordon Keep Y 125,000 Heather Keep Y 50,000 Michael Kennedy Y 30,000 Radcliffe Foundation Y 14,250,000 Finder's Fee: 150,000 units with terms as the above private placement payable to Endeavour Financial 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. TSX-X -----------------------------------

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