TSX Venture Exchange Daily Bulletins



    VANCOUVER, June 18 /CNW/ -

    
    TSX VENTURE COMPANIES

    ALLANA RE

SOURCES INC. ("AAA") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: June 18, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 28, 2008: Number of Shares: 10,000,000 shares Purchase Price: $0.20 per share Warrants: 5,000,000 share purchase warrants to purchase 5,000,000 shares Warrant Exercise Price: $0.30 for a two year period Number of Placees: 25 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares Peter J. MacLean Y 100,000 Don Dudek Y 100,000 D&S Gower Holding Inc. Y 100,000 Doug Bell P 175,000 Ron D'Ambrosio P 125,000 Mike Young P 250,000 For further details, please refer to the Company's news release dated June 16, 2008. TSX-X ------------------------------- BANDERA GOLD LTD. ("BGL") BULLETIN TYPE: Warrant Term Extension BULLETIN DATE: June 18, 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: 2,047,750 Original Expiry Date of Warrants: July 13, 2008 (as to 1,242,000 warrants) August 7, 2008 (as to 805,750 warrants) New Expiry Date of Warrants: July 13, 2009 (as to 1,242,000 warrants August 7, 2009 (as to 805,750 warrants) Exercise Price of Warrants: $1.25 These warrants were issued pursuant to a private placement of 4,095,500 shares with 2,047,570 share purchase warrants attached, which was accepted for filing by the Exchange effective July 27, 2007 (first tranche) and August 21, 2007 (second tranche). TSX-X ------------------------------- BOXXER GOLD CORP. ("BXX") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: June 18, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 30, 2008: Number of Shares: 2,500,000 Units (Each Unit consists of one common share and one share purchase warrant.) Purchase Price: $0.08 per Unit Warrants: 2,500,000 share purchase warrants to purchase 2,500,000 shares Warrant Exercise Price: $0.12 for a period of 24 months from the date of issuance 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 ------------------------------- BRAZALTA RE

SOURCES CORP. ("BRX") BULLETIN TYPE: Resume Trading BULLETIN DATE: June 18, 2008 TSX Venture Tier 1 Company Effective at 11:30 a.m. PST, June 18, 2008, shares of the Company resumed trading, an announcement having been made over Marketwire. TSX-X ------------------------------- GALE FORCE PETROLEUM INC. ("GFP") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: June 18, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the documentation pursuant to a Letter of Intent dated May 7, 2008 between the Company, Derby Resources LLC ("Derby"), Wind Hydrogen Limited ("WHL") and NAFG, LLC ("NAFG"), in connection with the acquisition by the Company of a 50% interest in the Kentucky Shale Gas Property (the "Property"), inclusive of 22,000 acres of oil and gas leases, 9 gas wells and 5 miles gathering lines, including compressors, all located in the State of Kentucky, United States, from NAFG. The acquisition price payable consists of US$2,500,000 in cash (of which US$1,250,000 is payable by the Company) and a 5% Net Profit Interest ("NPI") payable to NAFG on production from geological formations below the Devonian (the Company being responsible for half of the NPI in proportion to its ownership of the property). The Company's two joint venture partners, Wind and Derby, will hold the remaining 50% ownership in the Property. The Company has confirmed that it deals at arm's length from all other parties of the transaction. No shares will be issued in consideration of the acquisition. For further information, please refer to the Company's press releases dated May 7, May 15, May 29 and June 13, 2008. PETROLE GALE FORCE INC. ("GFP") TYPE DE BULLETIN: Convention d'achat de propriété, d'actif ou d'actions DATE DU BULLETIN: Le 18 juin 2008 Société du groupe 2 de TSX Croissance Bourse de croissance TSX a accepté le dépôt de documents en vertu d'une lettre d'intention datée du 7 mai 2008 entre la société, Derby Resources LLC ("Derby"), Wind Hydrogen Limited ("WHL") et NAFG, LLC ("NAFG"), relativement à l'acquisition par la société d'un intérêt de 50 % dans la propriété des schistes gaziers "Shale Gas" du Kentucky (la "propriété"), laquelle consiste principalement en 22 000 acres en sous location destinées à l'exploitation pétroliere et gaziere, 9 puits gaziers et un réseau de canalisations de transport de gaz d'une mesure linéaire de 5 "milles",incluant les compresseurs, situés dans l'Etat du Kentucky aux Etats-Unis, auprès de NAFG. Le prix d'acquisition comporte 2 500 000 $ US en espèces (dont 1 250 000 $ est payable par la société) et un intérêt économique direct de 5 % ("IED") à partir de la production des formations géologiques en-dessous du Dévonien (la société est responsable pour la moitié de ce IED, en proportion à son intérêt dans la propriété). Les deux partenaires de la société dans cette coentreprise, Wind et Derby, détiendront l'intérêt résiduel de 50 % dans la propriété. La société a confirmé qu'elle transige sans lien de dépendance avec les autres parties à l'opération. Il n'y aura aucune action émise en vertu de cette acquisition. Pour plus d'information, veuillez vous référer au communiqué de presse émis par la société les 7 mai, 15 mai, 29 mai et 13 juin 2008. TSX-X ------------------------------- GENOIL INC. ("GNO") BULLETIN TYPE: Shares for Bonuses BULLETIN DATE: June 18, 2008 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,200,000 bonus warrants ("Warrants") to David K. Lifschultz ("Lifschultz"), the Company's Chief Executive Officer and Chairman, in connection with a bridge financing facility of up to $5,000,000 to be granted by Lifschultz to the Company. Each Warrant is exercisable for one common share at a price of $0.37, for a period of one year from the date of issuance. The bonus was announced in the Company's press release on May 12, 2008. TSX-X ------------------------------- GOLDCLIFF RE

SOURCE CORPORATION ("GCN") BULLETIN TYPE: Private Placement-Brokered BULLETIN DATE: June 18, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced April 30, 2008: Number of Shares: 2,700,000 flow-through shares and 437,000 non flow-through shares Purchase Price: $0.30 per flow-through share and $0.28 per non flow-through share Warrants: 1,350,000 share purchase warrants to purchase 1,350,000 shares are attached to the flow- through shares and 218,500 share purchase warrants to purchase 218,500 shares are attached to the non flow-through shares Warrant Exercise Price: $0.55 for a one year period for the share purchase warrants attached to the flow-through shares and $0.50 for a one year period for the share purchase warrants attached to the non flow-through shares. Number of Placees: 7 placees Agents' Fees: $30,600 payable to First Canadian Securities Inc. $7,329.60 payable to Raymond James Ltd. $18,000 payable to Lakeco Holdings 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 ------------------------------- GUARDIAN EXPLORATION INC. ("GX") BULLETIN TYPE: Private Placement-Brokered BULLETIN DATE: June 18, 2008 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced April 15, May 15, and June 5, 2008: Number of Shares: 2,095,100 common shares 7,934,600 flow-through shares Purchase Price: $0.30 per common share $0.35 per flow-through share Number of Placees: 72 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares Keith M. Bekker P 55,000 Randall G. Bergh P 100,000 James Buchanan P 5,000 Lothar Fabian P 25,000 Philip Heinrich P 48,500 John Kotrly P 25,000 Maria Kotrly P 25,000 James Rogers P 45,000 Clive Stockdale P 100,000 Nargis Sunderji P 20,000 Ryan Yeo P 50,000 Agent's Fee: $306,507.60 and 1,002,970 Agent's Warrants payable to Blackmont Capital Inc. Each Agent's Warrant is exercisable for one common share at a price of $0.30 for a period of 24 months from the closing date. TSX-X ------------------------------- IBERIAN MINERALS CORP. ("IZN") BULLETIN TYPE: Miscellaneous BULLETIN DATE: June 18, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation pertaining a convertible loan agreement ("the Agreement") dated May 27, 2008 between Iberian Minerals Corp. (the "Company") and Investec Bank (UK) Limited (London) (the "Lender"), whereby the Lender has agreed to provide a loan of US$10,000,000 (the "Loan"). The Loan matures June 30, 2013 and bears an interest rate of (i) LIBOR plus 2.25% per annum prior to the date of completion of certain tests and conditions on Aguas Tenidas Project (the "Completion Date") as outlined in the Agreement and (ii) LIBOR plus 1.90% per annum following the Completion Date until June 30, 2013. In the event of default, the interest rate increases by 1% per annum. The Company has agreed to issue the Lender 7,640,353 warrants in connection with the Loan. Each warrant is exercisable into one common share at a price of US$1.30884 per share until June 30, 2013. If any of the Loan remains outstanding at the time of exercise of the warrants, the proceeds received from such exercise shall be applied to the repayment of amounts owing under the Loan. TSX-X ------------------------------- KINBAURI GOLD CORP. ("KNB") BULLETIN TYPE: Private Placement-Brokered, Convertible Debenture/s BULLETIN DATE: June 18, 2008 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced March 10, 2008: Convertible Debenture: $7,500,000 Conversion Price: Convertible into common shares at $0.958 under certain circumstances, but only between January 1, 2013, and May 12, 2013. Maturity date: May 12, 2013 Warrants: 1,500,000 warrants to be issued upon closing, 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 $0.90 for a period of two years. Interest rate: 0%, but upon the occurrence of an event of default, prime plus 3%. Number of Placees: 1 placee Agent's Fee: $262,500 to be paid to M Partners Inc. 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 ------------------------------- LONGBOW RE

SOURCES INC. ("LBR") BULLETIN TYPE: Halt BULLETIN DATE: June 18, 2008 TSX Venture Tier 2 Company Effective at the open, June 18, 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 Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules. TSX-X ------------------------------- MAGNUM URANIUM CORP. ("MM") BULLETIN TYPE: Halt BULLETIN DATE: June 18, 2008 TSX Venture Tier 2 Company Effective at 12:00 p.m. PST, June 18, 2008, trading in the shares of the Company was halted due to unreasonable trades, all trades below 0.45 will be expunged; this regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules. TSX-X ------------------------------- MAGNUM URANIUM CORP. ("MM") BULLETIN TYPE: Resume Trading BULLETIN DATE: June 18, 2008 TSX Venture Tier 2 Company Effective at 12:30 p.m. PST, June 18, 2008, shares of the Company resumed trading, due to unreasonable trades; all trades below 0.45 will be expunged. TSX-X ------------------------------- MAXY GOLD CORP. ("MXD") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: June 18, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing an option agreement dated March 13, 2008 between Maxy Gold Corp. (the 'Company') and Southwestern Resources Corp. ('Southwestern'), a TSX listed company, whereby the Company will acquire a 100% interest in fifteen separate gold and base metal exploration stage properties located across central and southern Peru. In addition to the above properties, Southwestern will transfer to the Company an additional 3,700 hectares of claims comprising the Sami Property located in the Ayacucho Department, Peru upon duly executed transfer of the Sami Property to Southwestern by a third party. Total consideration consists of $200,000 in cash and 1,000,000 shares of the Company. In addition, there is a 2% net smelter return relating to the acquisition. Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P No. of Shares Southwestern Gold (Bermuda) Limited (subsidiary of Southwestern Resources Corp.) Y 1,000,000 TSX-X ------------------------------- MURGOR RE

SOURCES INC. ("MGR") BULLETIN TYPE: Halt BULLETIN DATE: June 18, 2008 TSX Venture Tier 2 Company Effective at 6:54 a.m. PST, June 18, 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 Investment Industry Regulatory Organization of Canada, 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") BULLETIN TYPE: Resume Trading BULLETIN DATE: June 18, 2008 TSX Venture Tier 2 Company Effective at 9:30 a.m. PST, June 18, 2008, shares of the Company resumed trading, an announcement having been made over Canada News Wire. TSX-X ------------------------------- NEXT MILLENNIUM COMMERCIAL CORP. ("NM") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: June 18, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing an option agreement dated June 3, 2008 between Roadrunner Oil and Gas (USA) Inc., a wholly owned subsidiary of Next Millennium Commercial Corp. (the 'Company') and Eternal Energy Corp. ('Eternal'), whereby the Company will acquire a 50% working interest in 5,950 acres of petroleum and natural gas leases located in San Juan County, Utah, and San Miguel County, Colorado. Total consideration consists of a purchase price of US$1,190,160. In addition, there is a variable 1.5% to 5% overriding royalty payable to Eternal. This variable rate is determined based on other pre-existing royalties on the properties and will result in the Company having a net revenue interest of 40% in the leases. TSX-X ------------------------------- PENNINE PETROLEUM CORPORATION ("PNN") BULLETIN TYPE: Warrant Price Amendment and Warrant Term Extension BULLETIN DATE: June 18, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has consented to the reduction in the exercise price and term extension of the following warrants: No. of Warrants: 8,024,333 Original Expiry Date of Warrants: June 29, 2008 New Expiry Date of Warrants: December 29, 2008 Original Exercise Price of Warrants: Two warrants and $0.60 to purchase once common share New Exercise Price of Warrants: Two warrants and $0.40 to purchase one common share These warrants were issued pursuant to an Initial Public Offering ("IPO) prospectus dated November 27, 2006. TSX-X ------------------------------- RIVERSTONE RE

SOURCES INC. ("RVS") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: June 18, 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 April 29, 2008: Number of Shares: 1,750,000 shares Purchase Price: $0.60 per share Warrants: 1,750,000 share purchase warrants to purchase 1,750,000 shares Warrant Exercise Price: $1.20 for a two year period 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). The Company must also issue a news release if the private placement does not close promptly. TSX-X ------------------------------- TAD CAPITAL CORP. ("TAD.P") BULLETIN TYPE: Remain Halted BULLETIN DATE: June 18, 2008 TSX Venture Tier 2 Company Further to TSX Venture Exchange Bulletin dated June 12, 2008, effective at 6:30 a.m. PST, June 18, 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 ------------------------------- TANGARINE PAYMENT SOLUTIONS CORP. ("TAN") BULLETIN TYPE: Halt BULLETIN DATE: June 18, 2008 TSX Venture Tier 2 Company Effective at 6:35 a.m. PST, June 18, 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 Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules. TSX-X ------------------------------- TANGARINE PAYMENT SOLUTIONS CORP. ("TAN") BULLETIN TYPE: Resume Trading BULLETIN DATE: June 18, 2008 TSX Venture Tier 2 Company Effective at 10:30 a.m. PST, June 18, 2008, shares of the Company resumed trading, an announcement having been made over Marketwire. TSX-X ------------------------------- ZENN MOTOR COMPANY INC. ("ZNN") BULLETIN TYPE: Prospectus-Share Offering BULLETIN DATE: June 18, 2008May 11, 2001 TSX Venture Tier 2 Company Effective May 23, 2008, the Company's Prospectus dated May 23, 2008 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Ontario, Alberta, and British Columbia Securities Commission, pursuant to the provisions of the respective Securities Acts. TSX Venture Exchange has been advised that closing occurred on May 30, 2008, for gross proceeds of $15,225,000. Agent: Paradigm Capital Inc. Offering: 4,060,000 shares (includes 325,000 common shares on the exercise of the Agent's over-allotment option) Share Price: $3.75 per share Agent's Options: 162,400 compensation options. Each option is exercisable into one common share at a price of $3.75 for a period of eighteen months. Agent's Commission: $770,343.75 For further information, please refer to the Company's final short form prospectus dated May 23, 2008. TSX-X ------------------------------- NEX COMPANIES ITI WORLD INVESTMENT GROUP INC. ("IWI.H") BULLETIN TYPE: Delist BULLETIN DATE: June 18, 2008 NEX Company Effective at the close of business Wednesday, June 18, 2008, the common shares of ITI World Investment Group Inc. will be delisted from TSX Venture Exchange at the request of the Company. The Company will continue to trade on CNQ. TSX-X -------------------------------

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