TSX Venture Exchange Daily Bulletins



    VANCOUVER, Feb. 12 /CNW/ -

    
    TSX VENTURE COMPANIES

    ACTION ENERGY INC. ("AEC")
    BULLETIN TYPE: Prospectus-Share Offering
    BULLETIN DATE: February 12, 2008
    TSX Venture Tier 1 Company

    Effective December 12, 2007, the Company's Prospectus dated December 12,
2007 was filed with and accepted by TSX Venture Exchange, and filed with and
receipted by the Alberta, British Columbia, Saskatchewan, Manitoba, Ontario,
Nova Scotia, New Brunswick, Prince Edward Island, and Newfoundland and
Labrador Securities Commissions, pursuant to the provisions of the Securities
Act of each respective province.
    TSX Venture Exchange has been advised that closing occurred on
December 21, 2007, for gross proceeds of $17,500,000.

    Agents:                  Dundee Securities Corporation
                             CIBC World Markets Inc.
                             National Bank Financial Inc.
                             RBC Dominion Securities Inc.
                             Acumen Capital Finance Partners Limited
                             Haywood Securities Inc.
                             Jennings Capital Inc.
                             Wellington West Capital Markets Inc.

    Offering:                14,000,000 shares

    Share Price:             $1.25 per share

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

    ACTION MINERALS INC. ("ATM")
    BULLETIN TYPE: Halt
    BULLETIN DATE: February 12, 2008
    TSX Venture Tier 2 Company

    Effective at 6:23 a.m. PST, February 12, 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
                       --------------------------------

    ACTION MINERALS INC. ("ATM")
    BULLETIN TYPE: Resume Trading
    BULLETIN DATE: February 12, 2008
    TSX Venture Tier 2 Company

    Effective at 10:30 a.m. PST, February 12, 2008, shares of the Company
resumed trading, an announcement having been made over StockWatch.

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

    ARIES RE

SOURCE CORP. ("AES") BULLETIN TYPE: Halt BULLETIN DATE: February 12, 2008 TSX Venture Tier 2 Company Effective at 6:23 a.m. PST, February 12, 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 -------------------------------- ARIES RE

SOURCES CORP. ("AES") BULLETIN TYPE: Resume Trading BULLETIN DATE: February 12, 2008 TSX Venture Tier 2 Company Effective at 10:30 a.m. PST, February 12, 2008, shares of the Company resumed trading, an announcement having been made over StockWatch. TSX-X -------------------------------- BENTON RE

SOURCES CORP. ("BTC") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: February 12, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation in connection with a Letter Agreement dated December 5, 2007 between the Company and Roland Quinland whereby the Company has acquired a 100% interest in the Hope Brook Properties located in Newfoundland. The Aggregate consideration is $170,000 and 200,000 common shares payable over a four year period. Alexander Stares will receive a finder's fee of 25,000 common shares and 25,000 share purchase warrants that are exercisable into common shares at $1.00 per share for a two year period. TSX-X -------------------------------- BRAZAURO RE

SOURCES CORPORATION ("BZO") BULLETIN TYPE: Warrant Price Amendment, Warrant Term Extension BULLETIN DATE: February 12, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has consented to the reduction in the exercise price and the extension in the expiry date in of the following warrants: Private Placement: No. of Warrants: 4,626,666 Original Expiry Date of Warrants: March 22, 2008 New Expiry Date of Warrants: March 22, 2009 Original Exercise Price of Warrants: $1.60 New Exercise Price of Warrants: $1.25 These warrants were issued pursuant to a private placement of 9,253,333 shares with 4,626,666 share purchase warrants attached, which was accepted for filing by the Exchange effective March 20, 2007. TSX-X -------------------------------- CHEYENNE ENERGY INC. ("CHY") BULLETIN TYPE: Halt BULLETIN DATE: February 12, 2008 TSX Venture Tier 2 Company Effective at 9:06 a.m. PST, February 12, 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 -------------------------------- GLASS EARTH GOLD LIMITED ("GEL") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 12, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 1, 2007: Second Tranche: Number of Shares: 2,860,000 shares Purchase Price: $0.20 per share Warrants: 1,430,000 share purchase warrants to purchase 1,430,000 shares Warrant Exercise Price: $0.30 for a two year period Number of Placees: 3 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares St. Andrew Goldfields Ltd. Y 360,000 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. TSX-X -------------------------------- GLEN HAWK MINERALS LTD. ("GHM") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: February 12, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing a Letter Agreement dated December 5, 2007 between Glen Hawk Minerals Ltd. (the "Company") and Bell Resources Corporation ("Bell"), whereby the Company has an option to earn a 60% interest in certain mineral claims relating to properties situated in Northwest British Columbia, referred to as the Outland Silver Bar claims. In consideration, the Company will issue 600,000 common shares to Bell (400,000 common shares in the first year) and make a total of $55,000 in cash payments to two underlying property owners in the first year. The Company will be required to complete work programs in total of $283,000 in two years ($133,000 in the first year). TSX-X -------------------------------- GLEN HAWK MINERALS LTD. ("GHM") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: February 12, 2008 TSX Venture Tier 2 Company Subject to Glen Hawk Minerals Ltd.'s (the "Company") public disclosure of a Geological Report on the Property within 90 days of this bulletin, TSX Venture Exchange has accepted for filing a Letter Agreement dated December 5, 2007 between the Company and Malahat Mining Corp. ("Malahat"), whereby the Company has an option to earn a 60% interest in the Satterly Lake Property Located in Ontario. In consideration, the Company will issue 600,000 common shares to Malahat (400,000 common shares in the first year) over two years and 40,000 common shares to the underlying property owner (1544230 Ontario Ltd. - Perry English). The Company will make cash payments of $76,000 ($36,000 in the first year) to the same underlying property owner and be required to complete work programs of $283,000 over two years ($133,000 in the first year). TSX-X -------------------------------- LAKEVIEW HOTEL REAL ESTATE INVESTMENT TRUST ("LHR.UN") BULLETIN TYPE: Notice of Distribution BULLETIN DATE: February 12, 2008 TSX Venture Tier 2 Company The Issuer has declared the following distribution: Distribution per Unit: 0.0367 Payment Date: March 31, 2008 Record Date: February 29, 2008 Ex-Distribution Date: February 27, 2008 TSX-X -------------------------------- LA QUINTA RE

SOURCES CORP. ("LAQ") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 12, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 16, 2008: Number of Shares: 5,962,500 shares Purchase Price: $0.20 per share Warrants: 2,981,250 share purchase warrants to purchase 2,981,250 shares Warrant Exercise Price: $0.35 for a one year period Number of Placees: 38 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares Antonio Migliarese P 40,000 Glen Watson Y 37,500 David Elliott P 200,000 Andrew Williams P 150,000 Jay Quan P 30,000 Pinetree Resource Partnership Y 2,000,000 Michel Cormier Y 50,000 James William Morton Y 25,000 Swallow Services Ltd. (M. J. A. Swallow) P 150,000 Bolder Opportunities I LP P 1,000,000 Finder's Fee: $75,400 and 377,000 Finder's Fee Warrants exercisable at $0.35 for six months payable to Haywood Securities Inc. $18,400 and 92,000 Finder's Fee Warrants exercisable at $0.35 for six months 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. 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 -------------------------------- MILL CITY GOLD CORP. ("MC") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: February 12, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing a binding letter of intent between Mill City Gold Corp. (the "Company") and Temex Resources Corp. ("Temex"). Pursuant to the Letter, the Company will acquire a 50% interest in 64 staked mining claims totaling 1012 mining claim units (16,192 ha) in the James Bay Lowlands region of Northern Ontario. Aggregate consideration payable by the Company to Temex is: 1. $300,000 cash upon execution of a definitive Option and Joint Venture Agreement; 2. 250,000 Company shares upon execution of a definitive Option and Joint Venture Agreement; 3. 250,000 Company shares on the first anniversary of the agreement; and 4. $2,500,000 of exploration expenditures over a 3 year period. Mill City can extend completion of each Work Commitment milestone by notice to Temex. Aggregate compensation Aggregate consideration payable by the Company to Temex for each extension is: 5. 250,000 Company shares. The deemed value of the shares referenced in (5) above has not been defined, and any issuance of said shares will be subject to Exchange approval at that time. For further details, please refer to the Company's press release dated December 12, 2007 available on SEDAR. TSX-X -------------------------------- NANOTECH SCIENCES CORP. ("NAN.P") BULLETIN TYPE: New Listing-CPC-Shares BULLETIN DATE: February 12, 2008 TSX Venture Tier 2 Company This Capital Pool Company's ('CPC') Prospectus dated December 13, 2007 has been filed with and accepted by TSX Venture Exchange and the British Columbia, Alberta and Ontario Securities Commissions effective December 17, 2007, pursuant to the provisions of the respective 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 (1,500,000 common shares at $0.20 per share). Commence Date: At the opening Wednesday, February 13, 2008, the Common shares will commence trading on TSX Venture Exchange. Corporate Jurisdiction: Ontario Capitalization: unlimited common shares with no par value of which 4,025,000 common shares are issued and outstanding Escrowed Shares: 1,100,000 common shares Transfer Agent: Computershare Investor Services Inc. Trading Symbol: NAN.P CUSIP Number: 63009E 10 8 Sponsoring Member: Raymond James Ltd. Agent's Options: 150,000 non-transferable stock options. One option to purchase one share at $0.20 per share for a period of 24 months from the date of listing. For further information, please refer to the Company's Prospectus dated December 13, 2007. Company Contact: Scott Walters Company Address: 25 King Street West, Suite 2900 Toronto, Ontario M5L 1G3 Company Phone Number: (416) 369-0374 Company Fax Number: (416) 369-0602 TSX-X -------------------------------- NOVAWEST RE

SOURCES INC. ("NVE") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: February 12, 2008 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing an option agreement dated January 23, 2008 between Novawest Resources Inc. (the 'Company'), James Forbes and Yvon Gagne, whereby the Company will acquire a 100% interest in the Firecracker Gold Project comprised of twenty mineral claims located in the Catherine Township, Larder Lake Mining Division in Ontario. Total consideration consists of $25,100 in cash payments and 250,000 shares of the Company. In addition, there is a 3% net smelter return relating to the acquisition. The Company may at any time purchase 1.5% of the net smelter return for $1,500,000 in order to reduce the total net smelter return to 1.5%, and has also been granted the right of first refusal of the remainder of the net smelter return. TSX-X -------------------------------- SERENGETI RE

SOURCES INC. ("SIR") BULLETIN TYPE: Halt BULLETIN DATE: February 12, 2008 TSX Venture Tier 2 Company Effective at 6:06 a.m. PST, February 12, 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 -------------------------------- SERENGETI RE

SOURCES INC. ("SIR") BULLETIN TYPE: Resume Trading BULLETIN DATE: February 12, 2008 TSX Venture Tier 2 Company Effective at 7:00 a.m. PST, February 12, 2008, shares of the Company resumed trading, an announcement having been made over StockWatch. TSX-X -------------------------------- SOFAME TECHNOLOGIES INC. ("SDW") BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debentures BULLETIN DATE: February 12, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement by way of a Convertible Debenture as announced on December 13, 2007. Convertible Debenture: $1,750,000 Conversion Price: Convertible into Common shares at $0.15 per share during a period of 24 months from closing and $0.165 thereafter until maturity Maturity date: Three years from the date of issuance Warrants: 5,833,310 share purchase warrants to purchase up to 5,833,310 shares at a price of $0.25 during a period of 24 months following the closing Interest Rate: 10% Number of Placees: 29 placees Insider/Pro Group Participation: Number of Shares Insider equals Y/ (assuming conversion Name Pro Group equals P of the debentures at $0.15) Serge Beausoleil P 166,667 Eric Leboeuf P 333,333 Palos Capital Pool LP P 500,000 John Gocek Y 166,667 Douglas Robertson Y 166,667 Finders: Notre-Dame Capital Inc., LMC Communications Inc., SB Communications Inc., BMO Nesbitt Burns et Nazim Shivji Finders' Fee: $173,750 in cash and warrants to purchase 1,158,337 common shares at the exercise price of $0.15 per share during a period of 24 months from closing. The Company has confirmed the closing of the above-mentioned Private Placement in news releases dated December 13, 2007, December 24, 2007 and December 31, 2007. SOFAME TECHNOLOGIES INC. ("SDW") TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier, Débenture(s) convertible(s) DATE DU BULLETIN : Le 12 février 2008 Société du groupe 2 de TSX Croissance Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier par voie de débenture convertible, tel qu'annoncé le 13 décembre 2007 : Débenture convertible : 1 750 000 $ Prix de conversion : Convertible en actions ordinaires au prix de 0,15 $ l'action pendant une période de 24 mois suivant la clôture et 0,165 $ par la suite jusqu'à l'échéance Date d'échéance : trois ans de la date d'émission Bons de souscription : 5 833 310 bons de souscription permettant de souscrire à 5 833 310 actions au prix d'exercice de 0,25 $ pendant une période de 24 mois suivant la clôture Taux d'intérêt : 10 % Nombre de souscripteurs : 29 souscripteurs Nom Initié égale Y/Groupe Pro égale P Nombre d'actions Serge Beausoleil P 166 667 Eric Leboeuf P 333 333 Palos Capital Pool LP P 500 000 John Gocek Y 166 667 Douglas Robertson Y 166 667 Intermédiaires: Notre-Dame Capital Inc., LMC Communications Inc., SB Communications Inc., BMO Nesbitt Burns et Nazim Shivji Frais d'intermédiation: 173 750 $ en espèces et des bons de souscription permettant de souscrire à 1 158 337 actions ordinaires au prix d'exercice de 0,15 $ l'action pendant une période 24 mois suivant la clôture. La société a confirmé la clôture du placement privé précité par voie de communiqués de presse datés des 13, 24 et 31 décembre 2007. TSX-X -------------------------------- SOFTWARE GROWTH INC. ("SGW.P") BULLETIN TYPE: Remain Halted BULLETIN DATE: February 12, 2008 TSX Venture Tier 2 Company Further to TSX Venture Exchange Bulletin dated February 11, 2008, effective at the open, February 12, 2008 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. TSX-X -------------------------------- SUPERIOR MINING INTERNATIONAL CORPORATION ("SUI") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: February 12, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing an Option Agreement dated November 29, 2007 among Superior Mining International Corporation (the "Company"), Placer Gold Resources Limited ("Placer Gold"), Barry James MacDonell and Abonus S.A. (collectively, the "Placer Shareholders"), whereby the Company has been granted an option to acquire 100% ownership of certain mineral permits located in the Ross goldfield in the South Island of New Zealand (the "Property") for a period of 36 months from the date of the Option Agreement. Pursuant to the Option Agreement, the Company will purchase all of the issued and outstanding share capital of Placer Gold from the Placer Shareholders. The Company shall pay to the Placer Shareholders on the date that is 14 days from the exercise of the Option by the Company, a total of Cdn$3.0 million where the measured and indicated mineral resource defined under a prefeasibility report contains a minimum of 300,000 ounces of gold on the Property plus Cdn$10 for each additional ounce of gold exceeding 300,000 ounces. In the event that the measured and indicated mineral resource defined under a prefeasibility report contains less than 300,000 ounces of gold on the Property during the Option Period, the Company shall pay to the Placer Shareholders a purchase price based on a formula of Cdn$10 for each ounce of gold. The Company is to conduct a minimum of $500,000 of exploration and development work on the Property within the first two years of the Option Period. Mr. Shaun Alan Clements will receive a finder's fee of 200,000 common shares of the Company. TSX-X -------------------------------- TONBRIDGE POWER INC. ("TBZ") BULLETIN TYPE: Shares for Debt BULLETIN DATE: February 12, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the Company's proposal to issue 336,634 shares to settle outstanding debt for $68,000. Number of Creditors: 8 Creditors Insider/Pro Group Participation: Deemed Insider equals Y/ Amount Price No. of Creditor Progroup equals P Owing per Share Shares Robert Fung Y $8,000 $0.202 39,604 Johan van't Hof Y $8,000 $0.202 39,604 Robert van Beers Y $8,000 $0.202 39,604 John Etchart Y $8,000 $0.202 39,604 David Matrheson Y $10,000 $0.202 49,505 John Wiebe Y $9,000 $0.202 44,555 Jeff Myers Y $10,000 $0.202 49,505 The Company shall issue a news release when the shares are issued and the debt extinguished. TSX-X -------------------------------- TOVA VENTURES INC. ("TOV.P") BULLETIN TYPE: New Listing-CPC-Shares BULLETIN DATE: February 12, 2008 TSX Venture Tier 2 Company This Capital Pool Company's ('CPC') Prospectus dated January 28, 2008 has been filed with and accepted by TSX Venture Exchange and the British Columbia, Alberta and Ontario Securities Commissions effective January 31, 2008, pursuant to the provisions of the British Columbia, Alberta and Ontario 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 $200,000 (2,000,000 common shares at $0.10 per share). Commence Date: At the opening February 13, 2008, the Common shares will commence trading on TSX Venture Exchange. Corporate Jurisdiction: British Columbia Capitalization: unlimited common shares with no par value of which 7,500,000 common shares are issued and outstanding Escrowed Shares: 2,000,000 common shares Transfer Agent: Pacific Corporate Trust Company Trading Symbol: TOV.P CUSIP Number: 891583106 Sponsoring Member: Bolder Investment Partners Inc. Agent's Options: 160,000 non-transferable stock options. One option to purchase one share at $0.10 per share up to 24 months. For further information, please refer to the Company's Prospectus dated January 28, 2008. Company Contact: Alan Friedman Company Address: Suite 1102, 45 St. Clair Avenue West Toronto, Ontario M4V 1K9 Company Phone Number: (416) 318-8272 Company Fax Number: (416) 925-1404 Company Email Address: afriedman@adiracapital.com TSX-X -------------------------------- NEX COMPANIES E.G. CAPITAL INC. ("EGC.H") BULLETIN TYPE: Halt BULLETIN DATE: February 12, 2008 NEX Company Effective at the open, February 12, 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 --------------------------------

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