TSX Venture Exchange Daily Bulletins



    VANCOUVER, Feb. 17 /CNW/ -

    
    TSX VENTURE COMPANIES

    ADAMUS RE

SOURCES LIMITED ("ADU") BULLETIN TYPE: Shares for Bonuses BULLETIN DATE: February 17, 2009 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing the loan facility between the Company and Macquarie Bank Limited in the principal amount of AUD$5,000,000. ASX has granted a waiver to allow the Company to grant the security in favor of Macquarie over the assets and undertaking of the Company without obtaining shareholder approval. In consideration of the loan, the Company has granted Macquarie 11,111,111 options that are exercisable into common shares at AUD$0.225 on or before January 27, 2011. TSX-X ---------------------------------- CRONUS RE

SOURCES LTD. ("CZR") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 17, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 3, 2009: Number of Shares: 3,285,000 shares Purchase Price: $0.10 per share Warrants: 1,642,500 share purchase warrants to purchase 1,642,500 shares Warrant Exercise Price: $0.15 for a two year period Number of Placees: 17 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares John Ross Y 125,000 Wall Superannuation Fund (Victor J. Wall) Y 200,000 Stephen E. Flechner Y 200,000 Ari Sussman Y 100,000 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 ---------------------------------- EDGEWATER EXPLORATION LTD. ("EDW.P") BULLETIN TYPE: Halt BULLETIN DATE: February 17, 2009 TSX Venture Tier 2 Company Effective at 11:27 a.m. PST, February 17, 2009, 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 ---------------------------------- GALAHAD METALS INC. ("GAX") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: February 17, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation relating to an option agreement (the "Agreement") dated January 21, 2009, between Wayne Richards and James Hamel (collectively, the "Optionors") and Galahad Metals Inc. (the "Company"). Pursuant to the Agreement, the Company shall have the option to acquire 9 claims, 56 claim units located in Syine Township, Thunder Bay Mining District, Northern Ontario. In order to exercise the option, the company must pay an aggregate of the following to the Optionors: On Signing $6,000 and 100,000 common shares 1st Anniversary $6,000 and 100,000 common shares 2nd Annivesary either i) $6,000 and 100,000 common shares; ii) $12,000; or iii) 200,000 common shares (at the option of the Company) 3rd Annivesary either i) $6,000 and 100,000 common shares; ii) $12,000; or iii) 200,000 common shares (at the option of the Company) For more information, refer to the company's news release dated February 3, 2009. TSX-X ---------------------------------- GEORGETOWN CAPITAL CORP. ("GET.P") BULLETIN TYPE: Halt BULLETIN DATE: February 17, 2009 TSX Venture Tier 2 Company Effective at the open, February 17, 2009, 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 ---------------------------------- GOLD BULLION DEVELOPMENT CORP. ("GBB") BULLETIN TYPE: Reinstated for Trading BULLETIN DATE: February 17, 2009 TSX Venture Tier 2 Company Further to TSX Venture Exchange Bulletin dated November 6, 2008, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission on November 6, 2008 has been revoked. Effective at the opening Wednesday, February 18, 2009 trading will be reinstated in the securities of the Company (CUSIP 380539 10 6). TSX-X ---------------------------------- GOLD POINT ENERGY CORP. ("GPE") BULLETIN TYPE: Resume Trading BULLETIN DATE: February 17, 2009 TSX Venture Tier 2 Company Effective at 10:30 a.m. PST, February 17, 2009, shares of the Company resumed trading, an announcement having been made over StockWatch. TSX-X ---------------------------------- ICO THERAPEUTICS INC. ("ICO") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 17, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to the second tranche of a Non-Brokered Private Placement announced January 30, 2009: Number of Shares: 3,548,750 shares Purchase Price: $0.20 per share Warrants: 1,774,375 share purchase warrants to purchase 1,774,375 shares Warrant Exercise Price: $0.30 for a one year period Number of Placees: 17 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares Isis Pharmaceuticals Inc. Y 2,150,000 Ann Marie Rae Y 51,250 John Meekison Y 50,000 John Clement Y 31,250 Peter Hnik Y 50,000 Deanna Clement Y 31,250 Finder's Fee: 7% in cash based on the proceeds raised by each payable to RBC Dominion Securities Inc. ($1,750), Raymond James Ltd. ($3,500), Loewen, Ondaatje, McCutcheon ($3,500) and Canaccord Capital Corp. ($3,150). 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 ---------------------------------- ISG CAPITAL CORPORATION ("SUS") (formerly ISG Capital Corporation ("SUS.P")) BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Private Placement-Brokered BULLETIN DATE: February 17, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Information Circular dated August 22, 2008. As a result, at the opening on Wednesday, February 18, 2009, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following: 1) Qualifying Transaction As further described in the Company's Information Circular dated August 22, 2008, the Company has acquired an industrial distribution facility at 311 Ingersoll Road in Ingersoll, Ontario in consideration of $2,105,000 in cash, 1,517,000 common shares at $0.50, plus the assumption of a $7,045,000 mortgage. 2) Private Placement TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement: Number of Shares: 4,225,000 shares Purchase Price: $0.50 per share Number of Placees: 32 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares Wedgewood Columbus Ltd. (Joseph Sorbara) Y 500,000 Secure Holdings Inc. (David Ogden) Y 500,000 Joseph Sorbara Y 100,000 Garry Beres Y 100,000 John Roy Y 100,000 Agent's Fee: $28,425 in cash payable to Canaccord Capital Corporation The Exchange has been advised that the above Private Placement and Qualifying Transaction which was approved by disinterested Shareholders on September 17, 2008, have been completed. Capitalization: Unlimited shares with no par value of which 18,242,000 shares are issued and outstanding Escrow: 8,582,000 shares Symbol: SUS (same symbol as CPC but with .P removed) The Company is classified as a "real estate" company. TSX-X ---------------------------------- METALEX VENTURES LTD. ("MTX") BULLETIN TYPE: Shares for Services BULLETIN DATE: February 17, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the Company's proposed issuance of 107,142 shares at a deemed price of $0.07 per share, in consideration of certain services provided to the Company up to January 31, 2009, pursuant to a Deferred Share Unit Plan for Deferred Share Unit Plan for Lorie Waisberg dated August 1, 2007 and effective May 1, 2004. The Company shall issue a news release when the shares are issued. TSX-X ---------------------------------- METALEX VENTURES LTD. ("MTX") BULLETIN TYPE: Shares for Services BULLETIN DATE: February 17, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the Company's proposed issuance of 88,689 shares at a deemed price of $0.07 per share, in consideration of certain services provided to the Company up to January 31, 2009, pursuant to a Deferred Share Unit Plan for Glenn Nolan dated December 23, 2008 and effective November 14, 2008. The Company shall issue a news release when the shares are issued. TSX-X ---------------------------------- NEWTON ENERGY CORPORATION ("NTN") (formerly NX Capital Corp. ("OES")) BULLETIN TYPE: Resume Trading, Reverse Takeover-Completed, Private Placement-Brokered, Private Placement-Brokered, Name Change and Consolidation BULLETIN DATE: February 17, 2009 TSX Venture Tier 2 Company Resume Trading: The common shares of the Company have been halted from trading since November 9, 2006, pending completion of a Reverse Takeover (RTO). In conjunction with the completion of the RTO, the common shares will resume trading effective at the opening Wednesday, February 18, 2009. TSX Venture Exchange has accepted for filing the Company's Reverse Takeover described in its Filing Statement dated February 5, 2009. The Reverse Takeover includes the following: Reverse Takeover-Completed: Pursuant to a non arm's length share purchase agreement dated March 27, 2008 amongst the Company, Newton Energy Inc. ("Newton") and the shareholders of Newton, the Company has acquired all of the issued and outstanding shares of Newton in exchange for 2,005,349 post-consolidated shares of the Company at a deemed price of $0.075 per post-consolidated share for a total deemed consideration of $150,000. An aggregate of 1,907,620 post-consolidated shares of the Resulting Issuer will be subject to a TSX Venture Exchange Tier 2 Value Security escrow agreement. Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P No. of Shares Michel Frey Y 133,690 Tom Milne Y 421,695 Merv Chia Y 930,540 Bahman Sandrehashemi Y 421,695 Private Placement-Brokered: TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced August 29, 2007: Number of Shares: 8,637,500 post-consolidated shares Purchase Price: $0.50 per post-consolidated share Number of Placees: 113 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares NEX Industries Ltd. (Merv Chia) Y 200,000 Chris Hopkins Y 80,000 Tom Milne Y 180,000 Options Capital Ltd. (Bruce Williams) Y 100,000 Agent's Fee: Wolverton Securities Ltd. has been paid a commission of 7% of the gross proceeds of the private placement and has been issued options to acquire post-consolidated shares equal to 10% of the number of post-consolidated shares subscribed for under the private placement at an exercise price of $0.50. The Agent's options have a two year term. The Company has confirmed that the private placement has closed. Private Placement-Brokered: TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced July 3, 2008: Number of Shares: 1,362,500 post-consolidated shares Purchase Price: $1.00 per post-consolidated share Number of Placees: 5 placees No Insider/Pro Group Participation Agent's Fee: Wolverton Securities Ltd. has been paid a commission of 7% of the gross proceeds of the private placement and has been issued options to acquire post-consolidated shares equal to 10% of the number of post-consolidated shares subscribed for under the private placement at an exercise price of $1.00. The Agent's options have an eighteen month term. The Company has confirmed that the private placement has closed. Name Change and Consolidation: Pursuant to a resolution passed by shareholders on May 30, 2007, the Company has consolidated its capital on a 20 old for 1 new basis. The name of the Company has also been changed as follows. Effective at the opening Wednesday, February 18, 2009, the common shares of Newton Energy Corporation will commence trading on TSX Venture Exchange, and the common shares of NX Capital Corp. will be delisted. The Company is classified as an 'oil and gas exploration, development and production' company. The Exchange has been advised that the above transactions, approved by shareholders on May 30, 2007, have been completed. For further information, please refer to the Company's Filing Statement dated February 5, 2009 as filed on SEDAR. Post - Consolidation Capitalization: Unlimited shares with no par value of which 14,011,261 shares are issued and outstanding Escrow: 1,907,620 shares Transfer Agent: CIBC Mellon Trust Company Trading Symbol: NTN (new) CUSIP Number: 652720 10 3 (new) Company Contact: Michael Frey Company Address: 200, 638 - 11th Avenue S.W. Calgary, Alberta, T2R 0E2 Company Phone Number: (403) 410-3826 Company Fax Number: (403) 410-3854 Company Email Address: newtonenergy@shaw.ca TSX-X ---------------------------------- OILEXCO INCORPORATED ("OIL") BULLETIN TYPE: New Listing-Shares BULLETIN DATE: February 17, 2009 TSX Venture Tier 2 Company Effective at the opening Wednesday, February 18, 2009, the shares of the Company will commence trading on TSX Venture Exchange. The Company is classified as an 'Oil & Gas' company. The Company has been de-listed from trading on Toronto Stock Exchange effective Tuesday February 17, 2009. Corporate Jurisdiction: Alberta Capitalization: Unlimited common shares with no par value of which 223,832,827 common shares are issued and outstanding Escrowed Shares: 0 Transfer Agent: Computershare Trust Company of Canada Trading Symbol: OIL CUSIP Number: 677909 10 3 Company Contact: Art Millholland Company Address: 3200, 715 - 5 Avenue SW Calgary, AB T2P 2X6 Company Phone Number: (403) 262-5441 Company Fax Number: (403) 263-3251 Company Email Address: info@oilexco.com TSX-X ---------------------------------- OREMEX RE

SOURCES INC. ("ORM") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 17, 2009 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 12, 2008: Number of Shares: 13,208,740 shares Purchase Price: $0.05 per share Warrants: 6,604,370 share purchase warrants to purchase 6,604,370 shares Warrant Exercise Price: $0.15 for a two year period Number of Placees: 27 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P No. of Shares Craig D. Thomas Y 420,000 Albert John Carlesso Y 550,000 Finder's Fee: $8,400 cash payable to Lance Morginn 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 ---------------------------------- ORKO SILVER CORP. ("OK") BULLETIN TYPE: Halt BULLETIN DATE: February 17, 2009 TSX Venture Tier 1 Company Effective at the open, February 17, 2009, 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 ---------------------------------- PATRIOTSTAR VENTURES INC. ("PTG.P") BULLETIN TYPE: Halt BULLETIN DATE: February 17, 2009 TSX Venture Tier 2 Company Effective at the open, February 17, 2009, 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 ---------------------------------- PATRIOTSTAR VENTURES INC. ("PTG.P") BULLETIN TYPE: Remain Halted BULLETIN DATE: February 17, 2009 TSX Venture Tier 2 Company Further to TSX Venture Exchange Bulletin dated February 17, 2009, effective at 7:17 a.m. PST, February 17, 2009 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 ---------------------------------- RAYMOR INDUSTRIES INC. ("RAR") BULLETIN TYPE: Halt BULLETIN DATE: February 17, 2009 TSX Venture Tier 2 Company Effective at 6:11 a.m. PST, February 17, 2009, trading in the shares of the Company was halted pending contact with the Company; 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 ---------------------------------- RAYMOR INDUSTRIES INC. ("RAR") BULLETIN TYPE: Resume Trading BULLETIN DATE: February 17, 2009 TSX Venture Tier 2 Company Effective at 7:15 a.m. PST, February 17, 2009, shares of the Company resumed trading, an announcement having been made over StockWatch. TSX-X ---------------------------------- REALEX PROPERTIES CORP. ("RLX")("RLX.A") BULLETIN TYPE: Declaration of Dividend BULLETIN DATE: February 17, 2009 TSX Venture Tier 1 Company The Issuer has declared the following dividends: Dividend per Share: $0.0075 Payable Date: March 31, 2009 Record Date: March 13, 2009 Ex-Dividend Date: March 11, 2009 TSX-X ---------------------------------- RICHMOND MINERALS INC. ("RMD") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 17, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 12, 2009: Number of Shares: 2,800,000 shares Purchase Price: $0.05 per share Warrants: 2,800,000 share purchase warrants to purchase 2,800,000 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 James Birks Bovaird Y 50,000 France Crawford Y 50,000 Ian A. Shaw 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). 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 ---------------------------------- SEA DRAGON ENERGY INC. ("SDX") BULLETIN TYPE: Halt BULLETIN DATE: February 17, 2009 TSX Venture Tier 2 Company Effective at the open, February 17, 2009, 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 ---------------------------------- TAJIRI VENTURES CORP. ("TAJ.P") BULLETIN TYPE: Halt BULLETIN DATE: February 17, 2009 TSX Venture Tier 2 Company Effective at 8:25 a.m. PST, February 17, 2009, 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 ---------------------------------- TEUTON RE

SOURCES CORP. ("TUO") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 17, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for expedited filing documentation with respect to a Non-Brokered Private Placement announced December 29, 2009: Number of Shares: 3,500,000 shares Purchase Price: $0.05 per share Warrants: 3,500,000 share purchase warrants to purchase 3,500,000 shares Warrant Exercise Price: $0.10 for a two year period Number of Placees: 18 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares Canaccord Capital Corp. ITF Dino Cremonese Y 690,000 Penson Financial Services ITF Dino Cremonese Y 100,000 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 ---------------------------------- WELLPOINT SYSTEMS INC. ("WPS") BULLETIN TYPE: Shares for Debt BULLETIN DATE: February 17, 2009 TSX Venture Tier 2 Company The TSX Venture Exchange (the "Exchange") has accepted for filing the shares for debt application whereby the Company will issue US$2,250,000 and US$1,500,000 convertible debentures to satisfy the 2008 earnout payment for the Bolo transaction and the settlement of the potential earnout payments for 2009 for the Bolo transaction, respectively. The Exchange notes that the convertible debenture is for two years and is convertible into common shares at a minimum price of $0.30 per share. TSX-X ---------------------------------- WELLPOINT SYSTEMS INC. ("WPS") BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s BULLETIN DATE: February 17, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 2 and December 30, 2008: Convertible Debenture: US$2,000,000 Conversion Price: Convertible into common shares at a price of $0.30 per share at anytime until maturity. Maturity date: January 30, 2014 Interest rate: 7.75% from the issue date to June 30, 2009 8% from July 1, 2009 to September 30, 2009 8.5% from October 1, 2009 to maturity Number of Placees: 1 placee Finder's Fee: US$60,000 payable to Quorum Funding Corporation TSX-X ----------------------------------

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