TSX Venture Exchange Daily Bulletins



    VANCOUVER, Sept. 12 /CNW/ -

    
    TSX VENTURE COMPANIES

    ACTIVE GROWTH CAPITAL INC. ("ACK.P")
    BULLETIN TYPE: Halt
    BULLETIN DATE: September 12, 2008
    TSX Venture Tier 2 Company

    Effective at 11:51 a.m. PST, September 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 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
                       --------------------------------

    AFRICA OIL CORP. ("AOI")
    BULLETIN TYPE: Shares for Bonuses
    BULLETIN DATE: September 12, 2008
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing the Company's proposal to
issue 188,679 bonus shares to Lorito Holdings S.a(*).r.l. in consideration of a
loan in the amount of $4,000,000 at an interest rate of Canadian Prime Rate
plus 2% per annum and repayable on demand or March 8, 2009.

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

    ARCUS DEVELOPMENT GROUP INC. ("ADG")
    BULLETIN TYPE: Property-Asset or Share Purchase Agreement
    BULLETIN DATE: September 12, 2008
    TSX Venture Tier 2 Company

    TSX Venture Exchange Inc. (the "Exchange") has accepted for filing
documentation in connection with a letter agreement between Arcus Development
Group Inc. ("Arcus") and Riverside Resources Inc. ("Riverside") dated
April 10, 2008 (the "Chapalota Agreement") under which Riverside has granted
Arcus an option to acquire a 65% interest in the Chapalota Property located in
State of Sinaloa, Mexico. Under the Chapalota Agreement Arcus may earn an
initial 51% interest in the Chapalota Property (the "Initial Chapalota
Option") by:

    1.  making a cash payment of $50,000 and issuing 50,000 common shares on
        the issuance of this Bulletin;

    2.  making a cash payment of $50,000, issuing 50,000 common shares and
        incurring $500,000 in expenditures on the Chapalota Property on or
        before September 12, 2009;

    3.  making a cash payment of $50,000, issuing 50,000 common shares and
        incurring $1,000,000 in expenditures on the Chapalota Property on or
        before September 12, 2010;

    4.  making a cash payment of $50,000, issuing 100,000 common shares and
        incurring $1,000,000 in expenditures on the Chapalota Property on or
        before September 12, 2011; and

    5.  making a cash payment of $100,000, issuing 100,000 common shares and
        incurring $1,500,000 in expenditures on the Chapalota Property on or
        before September 13, 2012.

    Upon exercise of the Initial Chapalota Option, Arcus will have a further
option to earn an additional 14% interest in the Chapalota Property by (i)
incurring an additional $2,500,000 in exploration expenditures (the
"Expenditures") on the Chapalota Property on or before the second anniversary
date of the exercise of the Initial Chapalota Option; and (ii) paying, at
Riverside's election, $500,000 or the equivalent in Arcus common shares within
30 days of notifying Riverside with notice that Arcus has incurred the
Expenditures.
    The Exchange has also accepted for filing documentation in connection with
a letter agreement between Arcus and Riverside dated April 10, 2008 (the
"Ventosa Agreement") under which Riverside has granted Arcus an option to
acquire a 65% interest in the Ventosa Property located in the State of Oaxaca,
Mexico. Under the Chapalota Agreement Arcus may earn an initial 51% interest
in the Ventosa Property (the "Initial Ventosa Option") by:

    1.  making a cash payment of $25,000 and issuing 50,000 common shares on
        the issuance of this Bulletin;

    2.  making a cash payment of $25,000, issuing 50,000 common shares and
        incurring $250,000 in expenditures on the Ventosa Property on or
        before September 12, 2009;

    3.  making a cash payment of $50,000, issuing 50,000 common shares and
        incurring $750,000 in expenditures on the Ventosa Property on or
        before September 12, 2010; and

    4.  making a cash payment of $50,000, issuing 50,000 common shares and
        incurring $1,000,000 in expenditures on the Ventosa Property on or
        before September 12, 2011.

    Upon exercise of the Initial Ventosa Option, Arcus will have a further
option to earn an additional 14% interest in the Ventosa Property by (i)
incurring an additional $2,000,000 in exploration expenditures (the "Ventosa
Expenditures") on the Ventosa Property on or before the second anniversary
date of the exercise of the Initial Ventosa Option; and (ii) paying, at
Riverside's election, $300,000 or the equivalent in Arcus common shares within
30 days of notifying Riverside with notice that Arcus has incurred the Ventosa
Expenditures.

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

    BIG STICK MEDIA CORPORATION ("BSM")
    BULLETIN TYPE: Normal Course Issuer Bid
    BULLETIN DATE: September 12, 2008
    TSX Venture Tier 2 Company

    TSX Venture Exchange has been advised by the Company that pursuant to a
Notice of Intention to make a Normal Course Issuer Bid dated September 10,
2008, it may repurchase for cancellation up to 6,084,255 common shares in its
own capital stock. The purchases are to be made through the facilities of TSX
Venture Exchange during the period September 17, 2008 to September 16, 2009.
Purchases pursuant to the bid will be made by Canaccord Capital Corporation on
behalf of the Company.

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

    CADMAN RE

SOURCES INC. ("CUZ.P") BULLETIN TYPE: Halt BULLETIN DATE: September 12, 2008 TSX Venture Tier 2 Company Effective at 8:38 a.m. PST, September 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 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 -------------------------------- CADMAN RE

SOURCES INC. ("CUZ.P") BULLETIN TYPE: Remain Halted BULLETIN DATE: September 12, 2008 TSX Venture Tier 2 Company Further to TSX Venture Exchange Bulletin dated September 12, 2008, effective at 8:55 a.m. PST, September 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 -------------------------------- CANADIAN MINING COMPANY INC. ("CNG") BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Amendment BULLETIN DATE: September 12, 2008 TSX Venture Tier 2 Company AMENDMENT: Further to the TSX Venture Exchange Bulletins dated March 31 and April 3, 2008, the Exchange has accepted an amendment with respect to the Option Agreement dated February 27, 2008 as follows: The consideration of 2,500,000 common shares, originally issued to Exploraciones San Bernardo S.A. de C.V., will now be issued to Mr. Athanasios Raptis. TSX-X -------------------------------- DIAMEDICA INC. ("DMA") BULLETIN TYPE: Prospectus-Share Offering BULLETIN DATE: September 12, 2008 TSX Venture Tier 1 Company Effective July 30, 2008, the Company's Prospectus dated July 29, 2008 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the British Columbia, Alberta, Manitoba, and Ontario Securities Commissions, pursuant to the provisions of the respective Securities Acts. TSX Venture Exchange has been advised that closing occurred on August 7, 2008, for gross proceeds of $1,773,450. Agents: Dundee Securities Corp. and Loewen, Ondaatje, McCutcheon Ltd. Offering: 1,689,000 shares Share Price: $1.05 per share Agents' Fees: An aggregate of $159,610.50. For further information, please refer to the Company's Prospectus dated July 29, 2008. TSX-X -------------------------------- GEO MINERALS LTD. ("GM") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: September 12, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing a property option agreement (the "Agreement") dated August 4, 2008, between Geo Minerals Ltd. (the "Company") and Bronco Creek Exploration, Inc. (the "Vendor") whereby the Company has the right to earn up to a 100% interest in certain properties located in Arizona. In consideration, the Company will pay the Vendor a total of $705,000 and issue 800,000 shares. The Agreement is subject to a 2.5% Net Smelter Return, which may be reduced by the 7th anniversary of the Agreement, by the Company paying the vendor US$1,000,000. TSX-X -------------------------------- GRENVILLE GOLD CORPORATION ("GVG") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: September 12, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 30, 2008: Number of Shares: 10,000,000 shares Purchase Price: $0.05 per share Warrants: 10,000,000 share purchase warrants to purchase 10,000,000 shares Warrant Exercise Price: $0.10 for a one year period Number of Placees: 6 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares Melvin T. Rokosh Y 400,000 Lowell Schmidt P 100,000 A. Paul Gill Y 400,000 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 -------------------------------- HALO RE

SOURCES LTD. ("HLO") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: September 12, 2008 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced August 27, 2008: Number of Shares: 2,750,000 flow-through shares and 1,000,000 non flow-through shares Purchase Price: $0.12 per flow-through share and $0.10 per non flow-through share Warrants: 500,000 share purchase warrants attached to the non flow-through shares to purchase 500,000 shares Warrant Exercise Price: $0.15 for a two year period Number of Placees: 2 placees No Insider/Pro Group Participation Finder's Fee: 220,000 flow through shares and 80,000 non flow- through shares with 40,000 share purchase warrants to purchase 40,000 shares at $0.15 for a two year period, payable to Canaccord Capital Corporation 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 -------------------------------- HOTEL REAL ESTATE INVESTMENT TRUST ("LHR.UN") BULLETIN TYPE: Notice of Distribution BULLETIN DATE: September 12, 2008 TSX Venture Tier 2 Company The Issuer has declared the following distribution: Distribution per Trust Unit: $0.0367 Payable Date: October 31, 2008 Record Date: September 30, 2008 Ex-Distribution Date: September 26, 2008 TSX-X -------------------------------- JITE TECHNOLOGIES INC. ("JTI") BULLETIN TYPE: Consolidation BULLETIN DATE: September 12, 2008 TSX Venture Tier 2 Company Pursuant to a special resolution passed by shareholders June 18, 2008, the Company has consolidated its capital on a 5 old for 1 new basis. The name of the Company has not been changed. Effective at the opening Monday, September 15, 2008, the shares of JITE Technologies Inc. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Miscellaneous Manufacturing' company. Post - Consolidation Capitalization: Unlimited shares with no par value of which 21,073,613 shares are issued and outstanding Escrow 3,840,000 shares Transfer Agent: Equity Transfer & Trust Company Trading Symbol: JTI (unchanged) CUSIP Number: 47759P 20 7 (new) TSX-X -------------------------------- MEDMIRA INC. ("MIR") BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s BULLETIN DATE: September 12, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 15, 2008: Convertible Debenture: $650,000 Conversion Price: Convertible into common shares at $0.15 of principal outstanding in year one and two, at $0.165 in year three, and at $0.1815 in year four. Maturity date: August 28, 2012 Warrants: 4,333,333 warrants, each exercisable into 1 common share at a price of $0.15 for a period of 2 years. Interest rate: 9% Number of Placees: 1 placee Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ Principal Amount Morningside Venture (IV) Investments Ltd. Y $650,000 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 -------------------------------- NORTHAMPTON GROUP INC. ("NHG") BULLETIN TYPE: Declaration of Dividend BULLETIN DATE: September 12, 2008 TSX Venture Tier 1 Company The Issuer has declared the following dividend: Dividend per Share: $0.015 Payable Date: October 15, 2008 Record Date: September 30, 2008 Ex-distribution Date: September 26, 2008 TSX-X -------------------------------- RESOLVE VENTURES INC. ("RSV") BULLETIN TYPE: Private Placement-Non-Brokered, Amendment BULLETIN DATE: September 12, 2008 TSX Venture Tier 2 Company AMENDMENT: Further to the TSX Venture Exchange Bulletin dated September 10, 2008, the Exchange has accepted an amendment with respect to a Non-Brokered Private Placement announced July 16, 2008. The total amount of non flow-through shares is 3,010,000 and not 3,000,000 as stated in the original bulletin. All other aspects of the private placement remain unchanged. TSX-X -------------------------------- SAVARY CAPITAL CORP. ("SCA.P") BULLETIN TYPE: Resume Trading BULLETIN DATE: September 12, 2008 TSX Venture Tier 2 Company Effective at the opening, Monday, September 15, 2008, trading in the Company's shares will resume. Further to the Company's September 11, 2008 news release regarding the cancellation of a prospective qualifying transaction originally entered through a letter of intent dated May 23, 2008, with Pan Asia Biofuels Corp., TSX Venture Exchange has accepted the Company's application for resumption in trading as a Capital Pool Company. TSX-X -------------------------------- TANQUERAY RE

SOURCES LTD. ("TQY") BULLETIN TYPE: Private Placement-Brokered BULLETIN DATE: September 12, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced June 12, 2008 and June 14, 2008: Number of Shares: 13,124,999 flow-through Shares 5,000,000 common share Purchase Price: $0.12 per flow-through share $0.10 per common share Warrants: 5,000,000 warrants to purchase 5,000,000 common shares Exercise Price: $0.15 per share until July 16, 2009 Number of Placees: 43 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares Terry Falkenberg P 902,000 Steve Balch Y 500,000 James F. Mackie P 500,000 Mark Wayne Y 268,000 Charles Fraser P 500,000 Agents: StephenAvenue Securities Limited Market Dealer Inc. Pope & Company Mak Allen & Day Capital Partners Agent's Fees: StephenAvenue Securities - $120,739.49 cash Limited Market Dealer Inc. - $10,500 cash Pope & Company - $10,500 cash Mak Allen & Day Capital Partners - $14,000 cash TSX-X -------------------------------- THE JENEX CORPORATION ("JEN") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: September 12, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 6, 2008 and July 24, 2008: Number of Shares: 3,720,000 shares Purchase Price: $0.05 per share Warrants: 1,860,000 share purchase warrants to purchase 1,860,000 shares Warrant Exercise Price: $0.12 for a one year period Number of Placees: 8 placees 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). 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 -------------------------------- THE FUTURA LOYALTY GROUP INC. ("FUT") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: September 12, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 10, 2008: Number of Shares: 10,400,000 shares Purchase Price: $0.05 per share Warrants: 10,400,000 share purchase warrants to purchase 10,400,000 shares Warrant Exercise Price: $0.10 for a two year period Number of Placees: 14 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares Mark Ferrell Y 1,000,000 David Beutel Y 1,000,000 Michael Berger Y 200,000 Byron Holland Y 200,000 Finder's Fee: $26,000 payable to Belweather Capital 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 -------------------------------- VULCAN MINERALS INC. ("VUL") BULLETIN TYPE: Resume Trading BULLETIN DATE: September 12, 2008 TSX Venture Tier 2 Company Effective at 6:30 a.m. PST, September 12, 2008, shares of the Company resumed trading, an announcement having been made over Marketwire. TSX-X -------------------------------- WIN-ELDRICH MINES LIMITED ("WEX") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: September 12, 2008 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 26, 2008 and August 19, 2008: Number of Shares: 462,746 shares Purchase Price: $0.75 per share Warrants: 462,746 share purchase warrants to purchase 462,746 shares Warrant Exercise Price: $0.75 for a two year period Number of Placees: 4 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares Perry D. Muller Y 261,080 Fernao Ferreira Y 135,000 Reuben Brant Y 33,333 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 --------------------------------

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or email: information@venture.com


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