TSX Venture Exchange Daily Bulletins



    VANCOUVER, Feb. 25 /CNW/ -

    
    TSX VENTURE COMPANIES

    49 NORTH RE

SOURCE FUND INC. ("FNR") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: February 25, 2008 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing documentation pursuant to a Transfer Agreement dated February 14, 2008 between 49 North Resource Fund Inc. (the 'Company') and 49 North 2007 Resource Flow-Through Limited Partnership (the '2007 Fund') whereby the Company will acquire all of the assets and liabilities of the 2007 Fund. In consideration, the Company will issue a total of 497,520 common shares at a deemed price of approximately $11.72 per share to the holders of the 2007 Fund. This transaction was disclosed in the Company's press release dated January 17, 2008. TSX-X -------------------------------- ABITIBI MINING CORP. ("ABB") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 25, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to the first and second tranche a Non-Brokered Private Placement announced November 30, 2007: Number of Shares: 859,642 flow-through shares 3,247,500 non flow-through shares Purchase Price: $0.14 per flow-through share $0.10 per non flow-through share Warrants: 4,107,142 share purchase warrants to purchase 4,107,142 shares Warrant Exercise Price: $0.15 for a two year period Finder's Fee: Research Capital Corp. will receive a cash finder's fee of $6,600.00 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 -------------------------------- AFRICA WEST MINERALS CORP. ("AFW") BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement BULLETIN DATE: February 25, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation in connection with a Share Purchase Agreement dated February 21, 2008 between the Company and Gold Rim Exploration Inc. ("Gold Rim") whereby the Company will purchase 840,000 common shares of Gold Rim. Gold Rim is a party to an agreement dated August 20, 2007 with Thamani Mines Ltd. pursuant to which Gold Rim will acquire title to gold explorations licenses known as the Nyakagwe Project located in Tanzania, East Africa. Consideration is the issuance of 4,200,000 common shares to the shareholders of Gold Rim as follows: Jeffrey Scott Ackert 2,012,500 Basha Hifato 2,012,500 Al Proulx 50,000 Giaffir Beder 125,000 In consideration of the transfer of the property, the Company will loan Gold Rim $250,000 in order for Gold Rim to secure its obligations with respect to the property. The work commitments in the first year on the property are $400,000. TSX-X -------------------------------- ALEXANDRIA MINERALS CORPORATION ("AZX") BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement BULLETIN DATE: February 25, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation in connection with a Purchase and Sale Agreement dated effective February 4, 2008 between the Company and Fred Stan Kiernicki whereby the Company will earn a 100% interest in 9 mining claims located in the Larder Lake Mining Division, Ontario. Consideration is $25,000 upon execution of the agreement, 125,000 common shares and $22,000 on or before June 21, 2008. TSX-X -------------------------------- CHAIRMAN CAPITAL CORP. ("CMN.P") BULLETIN TYPE: Halt BULLETIN DATE: February 25, 2008 TSX Venture Tier 2 Company Effective at 12:26 p.m. PST, February 25, 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 -------------------------------- CORNERSTONE CAPITAL RE

SOURCES INC. ("CGP") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 25, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 12, 2008: Number of Shares: 1,204,820 Units (Each Unit consists of one common share and one share purchase warrant.) Purchase Price: $0.83 per Unit Warrants: 1,204,820 share purchase warrants to purchase 1,204,820 shares Warrant Exercise Price: $1.00 for a period of two years Number of Placees: 1 placee 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 -------------------------------- DAGILEV CAPITAL CORP. ("DCC.P") BULLETIN TYPE: New Listing-CPC-Shares BULLETIN DATE: February 25, 2008 TSX Venture Tier 2 Company This Capital Pool Company's ('CPC') Prospectus dated February 4, 2008 has been filed with and accepted by TSX Venture Exchange and the British Columbia and Alberta Securities Commissions effective February 6, 2008, pursuant to the provisions of the British Columbia and Alberta 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 26, 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 20,700,001 common shares are issued and outstanding Escrowed Shares: 2,000,001 common shares Transfer Agent: Computershare Investor Services Inc. Trading Symbol: DCC.P CUSIP Number: 23376W 10 7 Sponsoring Member: Canaccord Capital Corporation Agent's Options: 200,000 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 February 4, 2008. Company Contact: Hamish Malkin, Corporate Secretary and Director Company Address: Suite 1201-1166 Alberni Street Vancouver, BC, V6E 3Z3 Company Phone number: (604) 687-4777 Company Fax number: (604) 687-4770 Company E-mail Address: hmalkin@shaw.ca TSX-X -------------------------------- EL NINO VENTURES INC. ("ELN") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: February 25, 2008 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing a Letter of Intent dated January 16, 2008 between El Nino Ventures Inc. (the "Company") and Mimeco Ag Baarerstrasse 53, whereby the Company has an option to acquire a 70% interest in PR 2461 in the Democratic Republic of Congo. In consideration, the Company will issue 200,000 shares and make an exploration commitment of $1,500,000 ($500,000 in the first year) over three years. TSX-X -------------------------------- ESO URANIUM CORP. ("ESO") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: February 25, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing an Option Agreement dated February 4, 2008 between ESO Uranium Corp. (the "Company"), Kleinebar Resources Ltd. (Robert F. Weicker) and Western Geoscience Inc. (Thomas L. Evans, collectively the "Optionors"), subject to a 3% NSR, whereby the Company has an option to acquire a 100% interest in 36 mineral claims in the Silver Star Mining District of Mineral County, Nevada, known as the Marietta Property. In consideration, the Company will make cash payments of $450,000 ($65,000 in the first year) and issue a total of 600,000 shares (160,000 shares in the first year) to the Optionors over four years. TSX-X -------------------------------- MINT TECHNOLOGY CORP. ("MIT") BULLETIN TYPE: Halt BULLETIN DATE: February 25, 2008 TSX Venture Tier 2 Company Effective at 9:23 a.m. PST, February 25, 2008, trading in the shares of the Company was halted pending Compliance with Exchange Requirements; 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 -------------------------------- MURGOR RE

SOURCES INC. ("MGR.RT") BULLETIN TYPE: Rights Expiry-Delist BULLETIN DATE: February 25, 2008 TSX Venture Tier 2 Company Effective at the opening, February 28, 2008, the Rights of the Company will trade for cash. The Rights expire March 3, 2008 at 5:00 p.m. EST and will therefore be delisted at the close of business March 3, 2008 at 5:00 p.m. EST. TRADE DATES February 28, 2008 - TO SETTLE - February 29, 2008 February 29, 2008 - TO SETTLE - March 3, 2008 March 3, 2008 - TO SETTLE - March 3, 2008 The above is in compliance with Trading Rule C.2.18 - Expiry Date: Trading in the rights shall be for cash for the two trading days preceding the expiry date and also on expiry date. On the expiry date, trading shall cease at 12 o'clock noon E.T. and no transactions shall take place thereafter except with permission of the Exchange. TSX-X -------------------------------- NORONT RE

SOURCES LTD. ("NOT") BULLETIN TYPE: Halt BULLETIN DATE: February 25, 2008 TSX Venture Tier 2 Company Effective at 9:55 a.m. PST, February 25, 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 -------------------------------- NOVAWEST RE

SOURCES INC. ("NVE") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 25, 2008 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 22, 2008: Number of Shares: 3,320,000 shares Purchase Price: $0.15 per share Warrants: 3,320,000 share purchase warrants to purchase 3,320,000 shares Warrant Exercise Price: $0.25 for an eighteen month period Number of Placees: 8 placees Finder's Fee: $33,000 cash payable to Redplug Capital (Otis Brandon Munday) 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 -------------------------------- NUVO NETWORK MANAGEMENT INC. ("NVO") BULLETIN TYPE: Halt BULLETIN DATE: February 25, 2008 TSX Venture Tier 1 Company Effective at the open, February 25, 2008, trading in the shares of the Company was halted 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 -------------------------------- NUVO NETWORK MANAGEMENT INC. ("NVO") BULLETIN TYPE: Delist-Plan of Arrangement BULLETIN DATE: February 25, 2008 TSX Venture Tier 1 Company Effective at the close of business February 25, 2008, the common shares of Nuvo Network Management Inc. will be delisted from TSX Venture Exchange. The delisting of the Company's shares results from a Plan of Arrangement dated January 16, 2008. Pursuant to the Agreement, Versata Enterprises Inc. acquired all of Nuvo's outstanding shares in an all-cash transaction. Each Nuvo shareholder will receive $0.57 per share. For further information please refer to Nuvo's Information Circular dated January 16, 2008. TSX-X -------------------------------- ORBITE V.S.P.A. INC. (EXPLORATION) ("ORT.A") BULLETIN TYPE: Halt BULLETIN DATE: February 25, 2008 TSX Venture Tier 2 Company Effective at the open, February 25, 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 -------------------------------- ORBITE V.S.P.A. INC. (EXPLORATION) ("ORT.A") BULLETIN TYPE: Resume Trading BULLETIN DATE: February 25, 2008 TSX Venture Tier 2 Company Effective at 8:00 a.m. PST, February 25, 2008, shares of the Company resumed trading, an announcement having been made over Marketwire. TSX-X -------------------------------- RE

SOURCE HUNTER CAPITAL CORP. ("RHC.P") BULLETIN TYPE: New Listing-CPC-Shares BULLETIN DATE: February 25, 2008 TSX Venture Tier 2 Company This Capital Pool Company's ('CPC') Prospectus dated December 28, 2007 has been filed with and accepted by TSX Venture Exchange and the British Columbia, Alberta and Ontario Securities Commission effective December 28, 2007, pursuant to the provisions of the British Columbia, Alberta and Ontario 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 $350,000 (3,500,000 common shares at $0.10 per share). Commence Date: At the opening Tuesday, February 26, 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 7,100,000 common shares are issued and outstanding Escrowed Shares: 3,600,000 common shares Transfer Agent: Valiant Trust Company Trading Symbol: RHC.P CUSIP Number: 76122Y 10 8 Sponsoring Member: Union Securities Ltd. Agent's Options: 350,000 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 December 28, 2007. Company Contact: Terese Gieselman Company Address: 208-478 Bernard Avenue Kelowna, BC V1Y 6N7 Company Phone Number: 888-860-2666 Company Fax Number: 250-860-2957 Company Email Address: tgieselman.minco@telus.net TSX-X -------------------------------- SECOND WAVE PETROLEUM LTD. ("SCS.A")("SCS.B") BULLETIN TYPE: Halt BULLETIN DATE: February 25, 2008 TSX Venture Tier 2 Company Effective at 6:36 a.m. PST, February 25, 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 -------------------------------- SECOND WAVE PETROLEUM LTD. ("SCS.A")("SCS.B") BULLETIN TYPE: Resume Trading BULLETIN DATE: February 25, 2008 TSX Venture Tier 2 Company Effective at 11:00 a.m. PST, February 25, 2008, shares of the Company resumed trading, an announcement having been made over Marketwire. TSX-X -------------------------------- SIKANNI SERVICES LTD. ("SKI") BULLETIN TYPE: Halt BULLETIN DATE: February 25, 2008 TSX Venture Tier 1 Company Effective at the open, February 25, 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 -------------------------------- SIKANNI SERVICES LTD. ("SKI") BULLETIN TYPE: Remain Halted BULLETIN DATE: February 25, 2008 TSX Venture Tier 1 Company Further to TSX Venture Exchange Bulletin dated February 25, 2008, effective at 6:30 a.m. PST, February 25, 2008 trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Change of Business and/or Reverse Takeover pursuant to Listings Policy 5.2. TSX-X -------------------------------- TRELAWNEY RE

SOURCES INC. ("TRR") BULLETIN TYPE: Halt BULLETIN DATE: February 25, 2008 TSX Venture Tier 2 Company Effective at 6:03 a.m. PST, February 25, 2008, trading in the shares of the Company was halted pending contact with the company; 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 -------------------------------- TRELAWNEY RE

SOURCES INC. ("TRR") BULLETIN TYPE: Resume Trading BULLETIN DATE: February 25, 2008 TSX Venture Tier 2 Company Effective at 10:30 a.m. PST, February 25, 2008, shares of the Company resumed trading, an announcement having been made over Canada News Wire. TSX-X -------------------------------- NEX COMPANIES BECKER GOLD MINES LTD. ("BGD.H") BULLETIN TYPE: Listing Maintenance Fees - Halt BULLETIN DATE: February 25, 2008 NEX Company As of February 21, 2008, NEX has not received payment of the first quarter NEX listing maintenance fee from this issuer. In accordance with NEX Policy, Section 15, at the open of business on Tuesday, February 26, 2008, the securities of the issuer will be halted from trading for failure to pay the listing maintenance fee. In addition, an issuer halted for failure to pay the listing maintenance fee will be subject to a processing fee of $250.00 + GST to be brought back to trade. If payment is not made within 10 business days of being halted, the issuer will be suspended from trading without further notice. Once an issuer is suspended from trading, it will be subject to a reinstatement review, which must be accompanied by the applicable fee of $500.00 + GST. If the issuer has any questions regarding this halt, please contact: Gary Lee Manager, NEX Phone 604-488-3126 Fax 604-844-7502 TSX-X -------------------------------- IATRA LIFE SCIENCES CORPORATION ("IAT.H") BULLETIN TYPE: Remain Halted BULLETIN DATE: February 25, 2008 NEX Company As of February 21, 2008, NEX has not received payment of the first quarter NEX listing maintenance fee from this issuer. Further to TSX Venture Exchange Bulletin dated February 21, 2008, effective February 25, 2008, the securities of the issuer will remain halted for failure to pay the listing maintenance fee in accordance with NEX Policy, Section 15. In addition, an issuer halted for failure to pay the listing maintenance fee will be subject to a processing fee of $250.00 + GST to be brought back to trade. The issuer may be suspended from trading without further notice. Once an issuer is suspended from trading, it will be subject to a reinstatement review, which must be accompanied by the applicable fee of $500.00 + GST. If the issuer has any questions regarding this halt, please contact: Gary Lee Manager, NEX Phone 604-488-3126 Fax 604-844-7502 TSX-X --------------------------------

For further information:

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


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890