TSX Venture Exchange Daily Bulletins



    VANCOUVER, Feb. 5 /CNW/ -

    
    TSX VENTURE COMPANIES

    BULLETIN TYPE: Cease Trade Order
    BULLETIN DATE: February 4, 2008
    TSX Venture Company

    A Cease Trade Order has been issued by the Alberta Securities Commission
on February 4, 2008 against the following company for failing to file the
documents indicated within the required time period:

                                                                     Period
                                                                     Ending
    Symbol   Tier  Company                Failure to File            (Y/M/D)

    ("FSN")  1     Franchise Services     Annual Audited Financial  07/09/30
                    of North America Inc.  Statements

    Upon revocation of the Cease Trade Order, the Company's shares will remain
suspended until the Company meets TSX Venture Exchange requirements. Members
are prohibited from trading in the securities of the companies during the
period of the suspension or until further notice.

    TSX-X
                       --------------------------------

    AZTECA GOLD CORP. ("AZG")
    BULLETIN TYPE: Resume Trading
    BULLETIN DATE: February 5, 2008
    TSX Venture Tier 2 Company

    Effective at the open, February 5, 2008 shares of the Company resumed
trading, an announcement having been made over Marketwire.

    TSX-X
                       --------------------------------

    BALLYLIFFIN CAPITAL CORP ("BLL.P")
    BULLETIN TYPE: Resume Trading
    BULLETIN DATE: February 5, 2008
    TSX Venture Tier 2 Company

    Effective at the opening on February 6, 2008 shares of the Company will
resume trading, an announcement having been made by the Company on February 4,
2008 that it would not be proceeding with a proposed Qualifying Transaction.

    TSX-X
                       --------------------------------

    BRALORNE GOLD MINES LTD. ("BPM")
    BULLETIN TYPE: Warrant Term Extension, Warrant Price Amendment
    BULLETIN DATE: February 5, 2008
    TSX Venture Tier 1 Company

    TSX Venture Exchange has consented to the extension in the expiry date and
the reduction of the exercise price of the following warrants:

    Private Placement:

    No. of Warrants:                        505,284
    Original Expiry Date of Warrants:       February 8, 2007, extended to
                                            February 8, 2008
    New Expiry Date of Warrants:            February 8, 2009
    Original Exercise Price of Warrants     $3.25
    New Exercise Price of Warrants:         $2.60

    These warrants were issued pursuant to a private placement of 239,508
flow-through shares and 385,533 non flow-through shares with 505,287 share
purchase warrants attached, which was accepted for filing by the Exchange
effective February 8, 2005.

    TSX-X
                       --------------------------------

    BSM TECHNOLOGIES INC. ("GPS")
    BULLETIN TYPE: Shares for Debt
    BULLETIN DATE: February 5, 2008
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing the Company's proposal to
issue 3,652,070 shares to ten former employees of Netistix Technologies Corp.,
a wholly-owned subsidiary of the Company. The shares are being issued to
settle outstanding wages and expenses in the amount of $474,769.23.

    Number of Creditors:     10 Creditors

    Insider/Pro Group Participation:

                                                         Deemed
                       Insider equals Y/     Amount       Price       No. of
    Creditor           Progroup equals P      Owing     per Share     Shares

    Fred Marsh         Y                   $72,519.25     $0.13      557,840

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

    TSX-X
                       --------------------------------

    CANADIAN PHOENIX RE

SOURCES CORP. ("CPH") BULLETIN TYPE: Resume Trading BULLETIN DATE: February 5, 2008 TSX Venture Tier 2 Company Effective at 6:30 a.m. PST, February 5, 2008, shares of the Company resumed trading, an announcement having been made over Marketwire. TSX-X -------------------------------- CARDIOCOMM SOLUTIONS, INC. ("EKG") BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s - Amendment, Correction BULLETIN DATE: February 5, 2008 TSX Venture Tier 2 Company Further to the TSX Venture Exchange Amendment bulletin dated February 4, 2008, the unit price under the Amended December 3, 2007 bulletin should have read as follows: December 3, 2007 - The private placement for 1,750,000 units at $0.20 per unit has become a convertible debenture for $350,000, which will automatically convert into units of the Issuer at $0.20 per unit on May 1, 2008. TSX-X -------------------------------- DENTONIA RE

SOURCES LTD. ("DTA") BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement BULLETIN DATE: February 5, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the fourth Amendment dated January 25, 2008 to the Option Agreement dated January 24, 2004 between Dentonia Resources Ltd. (the "Company") and R.H. McMillan, whereby the Company will issue 1,100,000 shares to Mr. McMillan on or before March 22, 2008 in lieu of the fourth payment of $110,000 as per the original Option Agreement. TSX-X -------------------------------- DISENCO ENERGY PLC ("DIS") BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s BULLETIN DATE: February 5, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 18, 2007: Convertible Debenture: pnds stlg 275,000 Conversion Price: Convertible into units consisting of one common share and one-half of one common share purchase warrant at $0.30 of principal outstanding Maturity date: December 1, 2008 Warrants: Each warrant will have a term of two years from the date of issuance of the notes and entitle the holder to purchase one common share. The warrants are exercisable at the price of $0.40 in the first year of exercise and at $0.40 in the second year of exercise. Interest rate: 8% per annum Number of Placees: 1 placee Insider/Pro Group Participation: N/A Finder's Fee: pnds stlg 22,000 in cash payable to Rai Hamilton 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 -------------------------------- DUNDARAVE RE

SOURCES INC. ("DDX") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: February 5, 2008 TSX Venture Tier 2 Company TSX Venture Exchange (the "Exchange") has accepted for filing documentation in connection with a patent and technology license agreement between Dundarave Resources Inc. (the "Company") and ENPAR Technologies Inc. (TSX-V: ENP) ("ENPAR") dated October 3, 2007 (the "License Agreement"). The License Agreement provides the Company with an option to acquire an exclusive worldwide license to ENPAR's ExtrEL leaching system technology and all related intellectual property as it relates to the recovery and the extraction of nickel and associated by-products contained in the nickel sulphide mine tailings. In order to exercise the option the Company must make capital expenditures of up to $3,200,000 pursuant to an optimization and design program (the "Program") that will include the general design plans for a test pilot plant (the "Plant"); grant a $5,000,000 royalty, and issue 8,000,000 common shares. The 8,000,000 shares will be released as follows: (a) 1,300,000 shares upon issuance of this Bulletin; (b) 1,700,000 shares upon completion of the Program and the identification and acquisition of, or a joint-venture involving, a suitable nickel sulphide tailings deposit for on-site testing (c) 2,000,000 shares upon completion of the construction of the Plant; and (d) 3,000,000 shares upon completion of the Plant and the successful recovery of a similar percentage of nickel from the sulphide tailings as demonstrated during the Program, subject to ENPAR first executing a license agreement or other document for a perpetual unencumbered, irrevocable grant of licensed rights to the Company. The Exchange has been advised that the Company's acquisition of the license under the License Agreement received shareholder approval on February 1, 2008. For additional information refer to the Information Circular dated January 3, 2008 which is available under the Company's profile on SEDAR. TSX-X -------------------------------- FAMILY MEMORIALS INC. ("FAM") BULLETIN TYPE: Private Placement-Brokered BULLETIN DATE: February 5, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced October 17 and November 30, 2007: Number of Shares: 1,243,333 Units (Each Unit consists of one common share and one- half of one share purchase warrant.) Purchase Price: $0.30 per Unit Warrants: 621,666 share purchase warrants to purchase 621,666 shares Warrant Exercise Price: $0.40 for a one year period Number of Placees: 23 placees Agent's Fee: $37,299.99 and 24,866 Agent's Options payable to Leede Financial Markets Inc. 74,667 Agent's Options payable to Wellington West Capital Markets Inc. 24,800 Agent's Options payable to Blackmont Capital Inc. Each Agent's Option is exercisable for one Unit at a price of $0.30 for a period of 18 months from the closing date. TSX-X -------------------------------- MINAEAN INTERNATIONAL CORP. ("MIB") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 5, 2008 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 December 13, 2007: Number of Shares: 201,000 shares Purchase Price: $0.33 per share Warrants: 100,500 share purchase warrants to purchase 100,500 shares Warrant Exercise Price: $0.45 for a two year period Number of Placees: 3 placees Insider/Pro Group Participation: N/A Finder's Fee: $4,975 in cash payable to Danny Deadlock 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 -------------------------------- MINAEAN INTERNATIONAL CORP. ("MIB") BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s BULLETIN DATE: February 5, 2008 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 December 13, 2007: Convertible Debenture: $900,000 Conversion Price: Convertible into common shares of the Issuer at $0.45 of principal outstanding in years one, two & three, at $0.60 in year four, at $0.75 in year five and at $0.90 on the day after the fifth anniversary Maturity date: 5 years from date of closing Interest rate: 11% per annum Number of Placees: 2 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ Principal Amount Cat Brokerage AG Y $700,000 Finder's Fee: 160,000 shares payable to EH&P Investments AG 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 -------------------------------- NEOTEL INTERNATIONAL INC. ("NIT") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 5, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 28, 2008: Number of Shares: 2,786,875 shares Purchase Price: $0.08 per share Warrants: 2,786,875 share purchase warrants to purchase 2,786,875 shares Warrant Exercise Price: $0.13 for a two year period Number of Placees: 16 placees Finder's Fee: An aggregate of $22,295 in cash and 278,687 broker warrants payable to NBCN Inc. and Altus Securities Inc. Each broker warrant entitles the holder to acquire one unit, consisting of one common share and one common share purchase warrant, at $0.08 for a two year period. Each common share purchase warrant is exercisable into one common share at $0.13 for a two year period. For further details, please refer to the Company's news release dated January 28, 2008. TSX-X -------------------------------- PACIFIC RUBIALES ENERGY CORP. ("PEG")("PEG.WT") BULLETIN TYPE: Graduation BULLETIN DATE: February 5, 2008 TSX Venture Tier 1 Company TSX Venture Exchange has been advised that the Company's shares will be listed and commence trading on Toronto Stock Exchange at the opening on February 6, 2008, under the symbols "PEG", "PEG.WT". As a result of this Graduation, there will be no further trading under the symbols "PEG" and "PEG.WT" on TSX Venture Exchange after February 5, 2008, and its shares will be delisted from TSX Venture Exchange at the commencement of trading on Toronto Stock Exchange. TSX-X -------------------------------- ROLLING ROCK RE

SOURCES CORPORATION ("RLL") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 5, 2008 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 9, 2008: Number of Shares: 5,750,000 shares Purchase Price: $0.23 per share Warrants: 5,750,000 share purchase warrants to purchase 5,750,000 shares Warrant Exercise Price: $0.40 for a one year period Number of Placees: 4 placees 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 -------------------------------- RUSSELL BREWERIES INC. ("RB") BULLETIN TYPE: Shares for Bonuses BULLETIN DATE: February 5, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the Company's proposal to issue 250,000 bonus common share purchase warrants exercisable at a price of $0.65 per share for a two-year period in consideration of a $965,000 loan. TSX-X -------------------------------- SERENGETI RE

SOURCES INC. ("SIR") BULLETIN TYPE: Warrant Term Extension BULLETIN DATE: February 5, 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: 1,970,000 Original Expiry Date of Warrants: February 13, 2008 New Expiry Date of Warrants: February 13, 2009 Exercise Price of Warrants: $1.00 These warrants were issued pursuant to a private placement of 2,300,000 flow-through shares, and 3,940,000 non-flow through shares with 1,970,000 share purchase warrants attached, which was accepted for filing by the Exchange effective February 13, 2007. TSX-X -------------------------------- TARGET EXPLORATION AND MINING CORP. ("TEM") BULLETIN TYPE: Resume Trading BULLETIN DATE: February 5, 2008 TSX Venture Tier 2 Company Effective at 11:15 a.m. PST, February 5, 2008, shares of the Company resumed trading, an announcement having been made over Marketwire. TSX-X --------------------------------

For further information:

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


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