TSX Venture Exchange Daily Bulletins



    VANCOUVER, June 5 /CNW/ -

    
    TSX VENTURE COMPANIES

    BULLETIN TYPE: Cease Trade Order
    BULLETIN DATE: June 4, 2008
    TSX Venture Companies

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

                                                                Period Ending
    Symbol      Tier  Company             Failure to File        (Y/M/D)
    ("EQT")     2     Equitech            Interim unaudited      08/03/31
                      Corporation         financial statements
    ("FWF.P")   2     First Western       Interim unaudited      08/03/31
                      Financial           financial statements
                      Ventures Inc.
    ("MCP.P")   2     Marco Polo          Interim unaudited      08/03/31
                      Investments Ltd.    financial statements
    ("MMK")     2     Maskal Energy Ltd.  Interim unaudited      08/03/31
                                          financial 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
                   ----------------------------------------

    AFRICA WEST MINERALS CORP. ("AFW")
    BULLETIN TYPE: Private Placement-Non-Brokered, Correction
    BULLETIN DATE: June 5, 2008
    TSX Venture Tier 2 Company

    Further to the TSX Venture Exchange bulletin dated June 4, 2008 with
respect to the private placement of 6,344,167 units at a price of $0.15 per
share, the finder's fee payable to Bolder Investment Partners, Inc. is
comprised of $7,350 AND 49,000 shares purchase warrants that are exercisable
into common shares at $0.15 per share for a two year period.

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

    APOGEE MINERALS LTD. ("APE")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: June 5, 2008
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced May 5, 2008:

    Number of Shares:         7,394,525 shares
    Purchase Price:           $0.40 per share
    Warrants:                 7,394,525 share purchase warrants to purchase
                              7,394,525 shares
    Warrant Exercise Price:   $0.50 for a two year period
    Number of Placees:        17 placees

    Insider/Pro Group Participation:

                              Insider equals Y/
    Name                      ProGroup equals P           No. of Shares
    D&S Gower Holding Inc.
     (David Gower)            Y                            50,000
    David Argyle              Y                           100,000

    Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has
issued a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s).

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

    ATW VENTURE CORP. ("ATW")
    BULLETIN TYPE: Property-Asset or Share Purchase Agreement
    BULLETIN DATE: June 5, 2008
    TSX Venture Tier 1 Company

    TSX Venture Exchange Inc. has accepted for filing documentation in
connection with a letter agreement between ATW Venture Australia Pty Ltd.
("ATW Australia"), a wholly owned subsidiary of ATW Venture Corp. (the
"Company"), and Batavia Mining Ltd. ("Batavia"), dated March 13, 2008 pursuant
to which the Company will acquire (the "Acquisition") 100% of the Gullewa Gold
Copper Project and its assets (the "Gullewa Project") located in the West
Yilgarn goldfields of Western Australia.
    As consideration for the Acquisition, ATW Australia will issue of a total
of AUD$13,000,000 and 2,000,000 shares of the Company to Batavia as follows:

    (a) within fourteen (14) days of the date of this Bulletin the completion
        of an NI 43-101 geological report concerning the Gullewa Project, AUD
        $3,000,000 (the "First Payment") and 2,000,000 shares of the Company;

    (b) on or before the twelve (12) month anniversary of the First Payment
        being made to Batavia, AUD$3,000,000 (the "Second Payment");

    (c) on or before the twenty four (24) month anniversary of the First
        Payment being made to Batavia, AUD$3,000,000 (the "Third Payment");
        and

    (d) on or before the earlier of the thirty six (36) month anniversary of
        the First Payment being made to Batavia or the completion of a
        positive bankable feasibility study by the Company, AUD$4,000,000
        (the "Fourth Payment").

    (the payments in sections (a) to (d) above collectively are the "Purchase
Price").
    Provided that the market price of the shares of the Company is greater
than or equal to Cdn$1.00, Batavia may, at its election, choose to:

    (a) be paid in shares of the Company for up to AUD$3,000,000 of the
        Second Payment at the market price of the shares of the Company at
        the time of the Second Payment;

    (b) be paid in shares of the Company for up to AUD$3,000,000 of the Third
        Payment at the market price of the shares of the Company at the time
        of the Third Payment; and

    (c) be paid in shares of the Company for up to AUD$4,000,000 of the
        Fourth Payment at the market price of the shares of the Company at
        the time of the Fourth Payment.

    The Acquisition is conditional upon the Company agreeing to provide to
Batavia a non-refundable payment (the "Exploration Payment"), which has been
paid, of AUD$300,000 on the purchase of the Gullewa Project which Batavia has
agreed to use to engage in a regional exploration program on the area of the
Gullewa Project. The Exploration Payment is made in addition to the Purchase
Price. The Acquisition is also conditional upon Batavia securing the approval
of its shareholders to the Acquisition.

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

    CELTIC MINERALS LTD. ("CME")
    BULLETIN TYPE: Private Placement-Brokered
    BULLETIN DATE: June 5, 2008
    TSX Venture Tier 2 Company

    This is a first tranche closing

    TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced April 28, 2008 and May 23, 2008:

    Number of Shares:         6,439,454 flow-through shares
    Purchase Price:           $0.55 per share
    Number of Placees:        38 placees

    Insider/Pro Group Participation:

                              Insider equals Y/
    Name                      ProGroup equals P           No. of Shares
    Olsen Holdings Ltd.
     (Eric Olsen)             P                           180,000
    Wayne McNeil              P                           156,364
    Milan Cacic               P                           200,000
    Gabriel Ollivier          P                           150,000
    Angelo Comi               P                            20,000
    Michele Cappuccitti       P                            20,000
    Daryl Hodges              P                            50,000
    John Comi                 P                            10,000

    Agent:                    Jennings Capital Inc.

    Agents' Fee:              Cash - $247,918.98
                              Securities - 450,761 Broker Warrants. Each
                              warrant is exercisable at a price of $0.55 per
                              share for a period of two years

    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
                   ----------------------------------------

    CSM SYSTEMS CORP. ("CKX")
    BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debentures
    BULLETIN DATE: June 5, 2008
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced May 2, 2008:

    Convertible Debenture:    $235,000
    Conversion Price:         Convertible into a maximum of 839,286 common
                              shares at a price of $0.28 per share in year
                              one, $0.35 per share in year two and $0.45 per
                              share in year three.

    Maturity date:            May 2, 2011

    Interest rate:            8% per annum

    Number of Placees:        5 placees

    No Insider/Pro Group participation

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

    COLTSTAR VENTURES INC. ("CTR.P")
    BULLETIN TYPE: Halt
    BULLETIN DATE: June 5, 2008
    TSX Venture Tier 2 Company

    Effective at the open, June 5, 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
                   ----------------------------------------

    COLTSTAR VENTURES INC. ("CTR.P")
    BULLETIN TYPE: Remain Halted
    BULLETIN DATE: June 5, 2008
    TSX Venture Tier 2 Company

    Further to TSX Venture Exchange Bulletin dated June 5, 2008, effective at
6:45 a.m. PST, June 5, 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
                   ----------------------------------------

    FORTERRA ENVIRONMENTAL CORP. ("FTE")
    BULLETIN TYPE: Shares for Bonuses
    BULLETIN DATE: June 5, 2008
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing the Company's proposal to
issue 1,040,000 bonus shares, 1,000,000 of which will be issued to the
following insider(s): Donald Green, MSW Projects Limited, Rod Malcolm and
David Woolford, in consideration of a CDN$260,000 loan made to the Company.
The loan is secured, accrues interest at 16% per annum and is due on
September 30, 2008.

                              Shares
    Donald Green              400,000
    MSW Projects Limited      120,000
    Rod Malcolm                80,000
    David Woolford            400,000

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

    METANOR RE

SOURCES INC. ("MTO") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: June 5, 2008 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing the documentation pertaining to a Mining Claims Acquisition Agreement between the Company and Michel Lavoie et Associé (the "Vendor"), whereby the Company can acquire 132 new mining claims surrounding the Barry Property. Under the terms of the Agreement, the Company is required to: (i) make cash payment of $16,000; and (ii) issue a total of 400,000 common shares, upon signature of the agreement. The vendor will remain with a 2% Net Smelter Royalty. For further information, please refer to the Company's press release dated March 12 and May 28, 2008. RES

SOURCES METANOR INC. ("MTO") TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions DATE DU BULLETIN : Le 5 juin 2008 Société du groupe 1 de TSX Croissance Bourse de croissance TSX a accepté le dépôt de documents en vertu d'une convention d'acquisition de titres miniers entre la société et Michel Lavoie et Associé (le "Vendeur"), selon laquelle la société a l'option d'acquérir 132 nouveaux titres miniers entourant la propriété Barry. Selon les termes de l'entente, la société doit : (i) faire un paiement en espèces de 16 000 $; et (ii) émettre un total de 150 000 actions ordinaires, lors de la signature de l'entente. Le vendeur conservera une royauté de 2 % sur le produit net de la fonderie. Pour plus d'information, veuillez référer aux communiqués de presse émis par la société le 12 mars et le 28 mai 2008. TSX-X ---------------------------------------- MILL CITY GOLD CORP. ("MC") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: June 5, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 16, 2008: Number of Shares: 3,750,000 flow-through shares and 3,750,000 non flow-through shares Purchase Price: $0.20 per share Warrants: 5,624,999 share purchase warrants to purchase 5,624,999 shares Warrant Exercise Price: $0.40 for a two year period. If the shares close at $0.60 or greater for 20 consecutive trading days, the company may, upon giving written notice to the warrant holders, shorten the exercise period to 20 days. Number of Placees: 8 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P No. of Shares Northfield Capital Corp. (Robert Cudney) Y 833,335 FT and 416,670 NFT Donald M. Ross P 833,330 FT Jones Gable & Company P 416,665 NFT 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 ---------------------------------------- MILLROCK RE

SOURCES INC. ("MRO") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: June 5, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing an exploration agreement dated April 18, 2008 between Millrock Resources Inc. (the 'Company') and Golden Glacier Inc., a subsidiary of Bering Straits Native Corporation ('BSNC'), one of Alaska's regional Native Corporations, whereby the Company is granted the exclusive right to explore for and develop mineral deposits for a term of five years on a land package totaling 395 square kilometers located on the southern shore of the Seward Peninsula, east of Nome, Alaska. The agreement also grants to the Company the exclusive right, at its option, to lease one or more tracts of land for the purposes of advanced exploration, development and mining. The option may be exercised at any time during the term of the agreement. Please see the Company's news release dated April 23, 2008 for more details. Total consideration consists of $550,000 in cash payments, 1,000,000 shares of the Company, and $4,000,000 in exploration expenditures as follows: CASH SHARES WORK EXPENDITURES Upon Execution $30,000 0 $0 Upon Regulatory Approval $0 100,000 $0 By January 1, 2009 $50,000 100,000 $300,000 By January 1, 2010 $70,000 200,000 $500,000 By January 1, 2011 $150,000 300,000 $700,000 By January 1, 2012 $250,000 300,000 $1,000,000 By January 1, 2013 $0 0 $1,500,000 The Company must contribute $40,000 to the Bering Straits Foundation Scholarship Fund during the life of the agreement, grant a contracting preference to BSNC subsidiary companies, and shareholders of BSNC shareholders will be given an employment preference. The Company will also grant BSNC an option to become a 10% participating partner in a mine development. TSX-X ---------------------------------------- NOVEKO INTERNATIONAL INC. ("EKO") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: June 5, 2008 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing the documentation relating to an arm's length agreement for the purchase of all of the issued and outstanding shares of Unitam International Management Corporation Ltd., in consideration of a cash payment of $250,000 and the issuance of 500,000 class A shares. For further information, please refer to the Company's press release dated May 27, 2008. NOVEKO INTERNATIONAL INC. ("EKO") TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions DATE DU BULLETIN : Le 5 juin 2008 Société du groupe 1 de TSX Croissance Bourse de croissance TSX a accepté le dépôt de documents en vertu d'une entente négociée à distance de la société, relativement à l'acquisition de toutes les actions émises et en circulation de Unitam International Management Corporation Ltd., en considération d'un paiement en espèce de 250 000 $ et l'émission de 500 000 actions catégorie A. Pour de plus amples renseignements, veuillez vous référer au communiqué de presse daté du 27 mai 2008. TSX-X ---------------------------------------- PARAMAX RE

SOURCES LTD. ("PXM") BULLETIN TYPE: Private Placement-Non-Brokered, Amendment BULLETIN DATE: June 5, 2008 TSX Venture Tier 2 Company Further to TSX Venture Exchange Bulletin dated May 15, 2008, the company advises the following information is amended: Finder's Fee: $75,000 cash payable to Belmont Capital Corp. (Jerome Rak) TSX-X ---------------------------------------- POLAR STAR MINING CORPORATION ("POS") BULLETIN TYPE: Shares for Services BULLETIN DATE: January 31, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the Company's proposal to issue 100,000 shares at a deemed price of $0.65 per share, in consideration of certain services provided to the company pursuant to an agreement dated February 26, 2007. No Insider/Pro Group Participation The Company shall issue a news release when the shares are issued. TSX-X ---------------------------------------- PRO-OR INC. (RES

SOURCES MINIERES) ("POI") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: June 5, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement announced on March 28, 2008: Number of Shares: 840,000 flow-through Class A shares and 360,000 Class A shares. Purchase Price: $0.65 per Class A share. Warrants: 600,000 share purchase warrants to purchase 600,000 Class A shares. Warrant Exercise Price: $0.85 for 12 months following the closing of the Private Placement Number of Placees: 58 placees Insider/Pro Group Participation: Insider equals Y/ Name Pro Group equals P Number of Shares Yvon Boisselle Y 20,000 The Company has issued a press release confirming the closing of the above-mentioned Private Placement. RES

SOURCES MINIERES PRO-OR INC. ("POI") TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier DATE DU BULLETIN : Le 5 juin 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, tel qu'annoncé le 28 mars 2008: Nombre d'actions : 840 000 actions accréditives de catégorie A et 360 000 actions de catégorie A. Prix : 0,65 $ par action de catégorie A Bons de souscription : 600 000 bons de souscription permettant de souscrire à 600 000 actions de catégorie A. Prix d'exercice des bons : 0,85 $ pour une période de 12 mois suivant la clôture du placement privé Nombre de souscripteurs : 58 souscripteurs Participation initié/Groupe Pro : Nom Initié égale Y/ Groupe Pro égale P Nombre d'actions Yvon Boisselle Y 20 000 La société a émis un communiqué de presse annonçant la clôture du placement privé précité. TSX-X ---------------------------------------- RADIANT RE

SOURCES INC. ("RRS") BULLETIN TYPE: Shares for Bonuses BULLETIN DATE: June 5, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,666,666 non-transferable warrants to Tiomin Resources Inc. in consideration for a secured loan in the amount of $500,000, which has an interest rate of 15% per annum and a maturity date of October 1, 2008. Each warrant will be exercisable for one share at a price of $0.10 per share for a 24 month period from closing, subject to certain acceleration and early cancellation provisions. TSX-X ---------------------------------------- SATURN MINERALS INC. ("SMI") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: June 5, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 9, 2008: Number of Shares: 687,500 flow through shares 312,500 non-flow through shares Purchase Price: $0.32 per flow through share and non-flow through share Warrants: 343,7500 warrants attached to flow through shares to purchase 343,750 non-flow through shares at a price of $0.40 per share for a two year period. 156,250 warrants attached to non-flow through shares to purchase 156,250 non-flow through shares at a price of $0.35 per share for a two year period. Number of Placees: 11 placees Finder's Fee: Limited Market Dealer Inc. receives $17,700 and 73,750 warrants, each exercisable for one share at a price of $0.35 per share for a two 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. TSX-X ---------------------------------------- SILVER SPRUCE RE

SOURCES INC. ("SSE") BULLETIN TYPE: Property Asset or Share Purchase Agreement BULLETIN DATE: June 5, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation pursuant to a Claims Agreement (the "Agreement ") between Silver Spruce Resources Inc. (the "Company") and ASK Prospecting Guiding Exploration (the "Vendor "). The Company will own 100% in the licenses for the staking expenses of the Vendor. In consideration, the Company will issue 100,000 common shares at a deemed price of $0.37 per share. TSX-X ---------------------------------------- SOFTROCK MINERALS LTD. ("SFT") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: June 5, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement: Number of Shares: 2,000,000 common shares Purchase Price: $0.05 per share Warrants: 2,000,000 warrants to purchase 2,000,000 common shares Exercise Price: $0.10 per share for a period of two years Number of Placees: 2 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P No. of Units Greencastle Resources Ltd. Y 1,500,000 (Anthony Roodenburg) 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 ---------------------------------------- STRONGBOW EXPLORATION INC. ("SBW") BULLETIN TYPE: Private Placement-Brokered BULLETIN DATE: June 5, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced May 14, 2008: Number of Shares: 8,752,500 shares Purchase Price: $0.40 per share Warrants: 4,376,250 share purchase warrants to purchase 4,376,250 shares Warrant Exercise Price: $0.45 for a one year period Number of Placees: 37 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P No. of Shares Eric Savics P 345,000 Catherine Seltzer P 100,000 David Lyall P 250,000 Thomas Seltzer P 62,500 Eira Thomas Y 100,000 Graham Saunders P 62,500 Robert Wright P 40,000 Peter Brown P 250,000 Greg Beatty P 40,000 Agent's Fee: Canaccord Capital Corp. and Haywood Securities Inc. will receive 7% of the gross proceeds, payable in cash. In addition, the Agents will receive 612,675 Agents Warrants and 125,000 units as a corporate finance fee. An administration fee is payable in the amount of $5,000. 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. TSX-X ---------------------------------------- VENDOME CAPITAL CORP. ("VCC.P") BULLETIN TYPE: CPC-Filing Statement BULLETIN DATE: June 5, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the Company's CPC Filing Statement dated May 30, 2008, for the purpose of filing on SEDAR. TSX-X ---------------------------------------- X-TERRA RE

SOURCES CORPORATION ("XT") BULLETIN TYPE: Halt BULLETIN DATE: June 5, 2008 TSX Venture Tier 2 Company Effective at 12:00 p.m. PST, June 5, 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 ---------------------------------------- ZENA CAPITAL CORPORATION ("ZCC") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: June 5, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 18, 2008 and May 12, 2008: Number of Shares: 6,830,000 shares Purchase Price: $0.43 per share (as to 6,230,000 shares) $0.46 per share (as to 600,000 shares Warrants: 6,100,000 share purchase warrants to purchase 6,100,000 shares Warrant Exercise Price: $0.75 for a one year period Number of Placees: 57 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P No. of Shares Cal Everett P 70,000 Craig Roberts P 40,000 Harj Thind P 35,000 Kim Sorenson P 35,000 DEM Investments Inc. (Dino Minucci) P 70,000 Scott Hunter P 60,000 Alfred Sailer P 50,000 Brent Todd P 20,000 Chad Larson P 50,000 Curtis Mayert P 50,000 Wayne McNeill P 50,000 Wyatt Foundhouse P 50,000 Dave Townsend P 50,000 Amisano Hanson Y 242,907 Finder's Fee: PI Financial Corp. will receive a finder's fee of 150,000 common shares 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 ---------------------------------------- NEX COMPANIES TOBA INDUSTRIES LTD. ("TBG.H") BULLETIN TYPE: Halt BULLETIN DATE: June 5, 2008 NEX Company Effective at the open, June 5, 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 ---------------------------------------- TOBA INDUSTRIES LTD. ("TBG.H") BULLETIN TYPE: Resume Trading BULLETIN DATE: June 5, 2008 NEX Company Effective at 11:15 a.m. PST, June 5, 2008, shares of the Company resumed trading, an announcement having been made over StockWatch. TSX-X ----------------------------------------

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