TSX Venture Exchange Daily Bulletins



    VANCOUVER, July 30 /CNW/ -

    
    TSX VENTURE COMPANIES

    ADVANCED EXPLORATIONS INC. ("AXI")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: July 30, 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 July 23, 2008:

    Number of Shares:        5,442,453 flow-through shares

    Purchase Price:          $1.10 per share

    Number of Placees:       31 placees

    Insider/Pro Group Participation:

                             Insider equals Y/
    Name                     ProGroup equals P/         No. of Shares

    William Washington       P                                 45,000
    James D. Dale            P                                 50,000

    Finder's Fee:            Wellington West Capital Markets Inc. will
                             receive a finder's fee of $329,736.00 and
                             224,820 Compensation Warrants that are
                             exercisable into common shares at $1.10 per
                             share for a two year period.

                             Limited Market Dealers Inc. will receive a
                             finder's fee of $10,000.00 and 6,818
                             Compensation Warrants that are exercisable into
                             common shares at $1.10 per share for a two year
                             period.

                             Ensign Capital will receive a finder's fee of
                             $38,000.00 and 25,909 Compensation Warrants that
                             are exercisable into common shares at $1.10 per
                             share for a two year period.

                             PI Financial corp. will receive a finder's fee
                             of $86,240.00 and 58,800 Compensation Warrants
                             that are exercisable into common shares at $1.10
                             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
                         ----------------------------

    ANDOVER VENTURES INC. ("AOX")
    BULLETIN TYPE: Property-Asset or Share Purchase Agreement
    BULLETIN DATE: July 30, 2008
    TSX Venture Tier 2 Company

    TSX Venture Exchange Inc. has accepted for filing documentation in
connection with a purchase agreement (the "Purchase Agreement") between
Andover Ventures Inc. ("Andover") and Genco Resources Ltd. (TSX: GGC)
("Genco") under which Andover will purchase from Genco an approximate 64.7%
interest (the "Interest") in Chief Consolidated Mining Company ("Chief"), a
publicly traded company based in Eureka, Utah. The Interest is comprised of
13,034,769 common shares of Chief and 6,477,241 convertible shares of Chief
("Convertible Shares") where each Convertible Share is convertible into one
common share of Chief at no additional cost. Chief's principal assets include
the Trixie Mine and the Burgin Mine located in the Tintic Mining District,
Utah.
    The following consideration is payable under the Purchase Agreement in
order for Andover to acquire the Interest:

    1.  Andover will pay to Genco USD$2,500,000 by July 31, 2008;

    2.  Andover will pay a further USD$2,378,002.50 on or before
        September 15, 2008 plus reimbursement of legal, accounting and other
        costs incurred by Genco related to the purchase of the Interest;

    3.  Andover will issue 1,500,000 common shares to Genco on the issuance
        of this Bulletin;

    4.  Andover will pay Genco a "net profits" royalty (the "Royalty")
        calculated based on the pro rata share of issued and outstanding
        Chief securities represented by the Interest multiplied by 6% of an
        amount equal to Chief's net profits for the preceding fiscal year. In
        the event that Chief should achieve sustained commercial production
        from the Trixie Mine and Burgin Mine, Genco may elect to convert the
        Royalty into an additional 1,500,000 common shares of Andover.

    5.  In the two years following the closing of the acquisition of the
        Interest, if Andover disposes of the Interest or any portion thereof
        and realizes a net profit, or in the event that Chief liquidates its
        assets and distributes the proceeds to its shareholders, Andover will
        share a percentage of such amounts received, with such percentage to
        decrease over time.

    Insider/Pro Group Participation: Andover and Genco have two common
directors: Robert Gardner and Brian Smith. Andover formed an independent
committee of independent directors to approve the acquisition of the Interest.

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

    CHINA OPPORTUNITY INC. ("COC.P")
    BULLETIN TYPE: Halt
    BULLETIN DATE: July 30, 2008
    TSX Venture Tier 2 Company

    Effective at 11:23 a.m. PST, July 30, 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
                         ----------------------------

    CHROME CAPITAL INC. ("KRM.P")
    BULLETIN TYPE: Halt
    BULLETIN DATE: July 30, 2008
    TSX Venture Tier 2 Company

    Effective at 11:23 a.m. PST, July 30, 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
                         ----------------------------

    HALO RE

SOURCES LTD. ("HLO") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: July 30, 2008 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing a property option agreement between Halo Resources Ltd. (the "Company"), Rubicon Minerals Corporation and Ron Gangloff (collectively the "Vendors") whereby the Company has the right to earn up to a 75% interest in 87 claim units located in the Ball Township Red Lake Mining Division in Ontario. In consideration, the Company will pay the Vendors a total of $120,000 and issue 100,000 common shares. TSX-X ---------------------------- HIGHBANK RE

SOURCES LTD. ("HBK") BULLETIN TYPE: Property-Asset Agreement BULLETIN DATE: July 30, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing an option agreement between Highbank Resources Ltd. (the "Company") and Gary R. Brown ("Brown"), whereby the Company can acquire a 100% interest in the Murvey and Mace molybdenum prospecting licenses located in the County of Galway, Republic of Ireland. The option may be exercised by the Company by: a) issuing an aggregate of 2,000,000 common shares, at a deemed value of $0.20, b) issuing a non-transferable warrant for the right to purchase an additional 500,000 common shares; and c) paying an aggregate of $250,000 to Brown; based on the following schedule: - paying $50,000 upon execution of the letter of intent (paid); - paying an additional $200,000 within five business days of approval; - issuing 500,000 common shares within five business days of approval; - issuing an additional 500,000 common shares, subject only to the Company obtaining a NI No.43-101 report recommending exploration expenditures aggregating not less than $375,000 on an exploration program on License 934, such report which will be completed not later than June 30, 2008; - issuing an additional 1,000,000 common shares upon completion of the recommended Phase I exploration program, such program to be completed by December 31, 2008; - granting Brown a warrant for the right to purchase up to 500,000 common shares of the Company, exercisable at the price of $0.30 per share for two years following approval; and - incurring Exploration Expenditures aggregating not less $500,000 on an exploration program, to be completed within three years of approval. The Licenses are also subject to a 2% NSR with the Company having the right to purchase up to 1.5% of the 2%, prior to a bankable feasibility study, for the sum of $1,500,000. A Finder's Fee in consideration of the agreement of $25,000 cash and 150,000 common shares of the Company at a deemed value of $0.20 is payable to Gregory J. McGroarty of Main Street, Ballintra, County Donegal, Republic of Ireland. For more information, please refer to the Company's news release dated May 9, 2008. TSX-X ---------------------------- ISLAND ARC EXPLORATION CORP. ("IAX") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: July 30, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 8, 2008: Number of Shares: 2,691,934 shares Purchase Price: $0.15 per share Warrants: 1,345,967 share purchase warrants to purchase 1,345,967 shares Warrant Exercise Price: $0.25 for an eighteen month period Number of Placees: 30 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares Tom Vinterlik P 100,000 Paul Trudeau P 100,000 Osvaldo Iadarola Y 30,000 James T. Gillis Management Y 100,000 Finder's Fee: 37,067 shares and 18,534 share purchase warrants with the same terms as above, payable to Chadwin Stratulat, $15,223 payable to Orange Capital Corp. and $4,800 payable to Al Ritchie 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 ---------------------------- JAMES BAY RE

SOURCES LIMITED ("JBR") BULLETIN TYPE: New Listing-IPO-Shares BULLETIN DATE: July 30, 2008 TSX Venture Tier 2 Company The Company's Initial Public Offering ("IPO") Prospectus dated July 14, 2008, has been filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Ontario Securities Commission on July 14, 2008, pursuant to the provisions of the Securities Act (Ontario). The gross proceeds received by the Company for the Offering were $9,309,812.50, consisting of 7,447,850 Units at $1.25 per Unit. Each Unit includes one Common Share and a one half Common Share purchase Warrant. Each whole Warrant entitles the holder to purchase a further Common Share at $2.00 until July 24, 2008. The Company is classified as a 'Mining' company. Commence Date: At the opening Thursday, July 31, 2008, the common shares will commence trading on TSX Venture Exchange. Corporate Jurisdiction: Ontario Capitalization: Unlimited common shares with no par value of which 27,872,850 common shares are issued and outstanding Escrowed Shares: 10,925,000 common shares Transfer Agent: Equity Transfer & Trust Company Trading Symbol: JBR CUSIP Number: 470273 10 3 Agent: IBK Capital Corp. Agent's Warrants: 744,785 non-transferable purchase warrants. Each Warrant entitles the holder to purchase one Unit at $1.25 per Unit for a period of 24 months. For further information, please refer to the Company's Prospectus dated July 14, 2008. Company Contact: Stephen Shefsky, President & CEO Company Address: 20 Victoria Street, Suite 800 Toronto, ON M5C 2N8 Company Phone Number: (416) 366-4200 Company Fax Number: (416) 366-4201 TSX-X ---------------------------- LA QUINTA RE

SOURCES CORPORATION ("LAQ") BULLETIN TYPE: Warrant Term Extension BULLETIN DATE: July 30, 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: 2,981,250 Original Expiry Date of Warrants: August 13, 2008 New Expiry Date of Warrants: February 13, 2009 Exercise Price of Warrants: $0.35 These warrants were issued pursuant to a private placement of 5,962,500 shares with 2,981,250 share purchase warrants attached, which was accepted for filing by the Exchange effective February 12, 2008. TSX-X ---------------------------- ORIENTAL MINERALS INC. ("OTL") BULLETIN TYPE: Shares for Bonuses BULLETIN DATE: July 30, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the Company's proposal to issue up to 2,127,659 bonus shares to Longview Capital Partners Inc., an Insider of the company, in consideration of a $3,000,000 credit facility. Shares Longview Capital Partners Inc. 2,127,659 TSX-X ---------------------------- SHEFFIELD RE

SOURCES LTD. ("SLD") BULLETIN TYPE: Delist BULLETIN DATE: July 30, 2008 TSX Venture Tier 2 Company Effective at the close of business July 31, 2008, the common shares will be delisted from TSX Venture Exchange at the request of the Company. TSX-X ---------------------------- STRATEGIC OIL & GAS LTD. ("SOG") BULLETIN TYPE: Halt BULLETIN DATE: July 30, 2008 TSX Venture Tier 2 Company Effective at 6:00 a.m. PST, July 30, 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 ---------------------------- STRATEGIC OIL & GAS LTD. ("SOG") BULLETIN TYPE: Resume Trading BULLETIN DATE: July 30, 2008 TSX Venture Tier 2 Company Effective at 11:45 a.m. PST, July 30, 2008, shares of the Company resumed trading, an announcement having been made over Marketwire. TSX-X ---------------------------- REVA RE

SOURCES CORP. ("RVA") BULLETIN TYPE: Change of Business BULLETIN DATE: July 30, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the Company's Change of Business as described in its Filing Statement dated July 21, 2008, which involves the acceptance of an arm's length option to acquire from Carl von Einsiedel, a 100% interest (subject to a 2% net smelter royalty) in the Adams Plateau silver-lead-zinc property (the Property) consisting of 8 mineral tenures comprising 6,927 hectares located approximately 75 kilometers northeast of Kamloops, British Columbia. In order to earn the interest in the Property the Company is required to pay $100,000 in cash, issue a total of 250,000 common shares of the Company at a deemed price of $0.25 per share, and incur total exploration expenditures on the Property of $1,000,000, all over the period ending December 31, 2011. A total of 25,000 common shares, out of the 250,000 common shares, were issued and a cash payment of $10,000 was made, upon Exchange acceptance. Insider/Pro Group Participation: Name Insider equals Y/ProGroup equals P No. of Shares Carl von Einsiedel Y 250,000(1) Note: (1) This assumes the issuance of the total number of common shares issuable to Mr. Von Einsiedel over a four year period, as contemplated by the transaction. The Exchange has been advised that the above transaction has been completed. For a complete description of the Change of Business and the business of the Company please refer to the Filing Statement of the Company dated July 21 2008, as filed on SEDAR (www.sedar.com). The Company is classified as a mining company. Capitalization: 500,000,000 common shares authorized with no par value of which 45,177,774 shares are issued and outstanding, following initial issuance of 25,000 common shares pursuant to the transaction. TSX-X ---------------------------- THREEGOLD RE

SOURCES INC. ("THG") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: July 30, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the documentation relating to a Purchase Agreement dated November 8, 2007, among Nievex Géoconseil Inc. (the "Vendor") and the Company, in connection with the purchase by the Company of a 100% interest in the Mercier Property, consisting of 30 mining claims located approximately 100 km of Senneterre in the province of Québec. The transaction is a non arm's length party transaction. Mr. Antoine Fournier is an insider of Nievex Géoconseil Inc. (Antoine Fournier is also President of the Company). The Company is required to issue a total of 100,000 shares upon signature of the agreement and make a cash payment of $25,000. The Vendor shall retain a 2 % Net Smelter Royalty of which 1% can be bought back at $1,500,000. For further information, please refer to the Company's press release dated November 21, 2007. RES

SOURCES THREEGOLD INC. ("THG") TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions DATE DU BULLETIN : Le 30 juillet 2008 Société du groupe 2 de TSX Croissance Bourse de croissance TSX a accepté le dépôt de documents en vertu d'une convention d'achat datée du 8 novembre 2007, entre Nievex Géoconseil Inc. (le "vendeur") et la société, relativement à l'acquisition d'un intérêt de 100 % dans la propriété Mercier, laquelle consiste en 30 claims miniers situés à une centaine de kilomètres de Senneterre dans la province de Québec. L'opération constitue une opération auprès d'une personne ayant un lien de dépendance avec la société. M. Antoine Fournier est un initié de Nievex Géoconseil Inc. (Antoine Fournier est aussi président de la société). La société doit émettre un total de 100 000 actions et effectuer un paiement au comptant de 25 000 $. Le vendeur conservera une royauté de 2 % du produit net de la vente des métaux dont 1 % pourra être racheté au prix de 1 500 000 $. Pour plus d'information, veuillez-vous référer au communiqué de presse émis par la société le 21 novembre 2007. TSX-X ---------------------------- TRANSGLOBE INTERNET AND TELECOM CO., LTD. ("TTI") BULLETIN TYPE: Sustaining Fees-Resume Trading BULLETIN DATE: July 30, 2008 TSX Venture Tier 2 Company Effective at the open, Thursday, July 31, 2008, trading in the shares of the Company will resume, the Company having paid its Sustaining Fees. TSX-X ----------------------------

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or email: information@venture.com


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