TSX Venture Exchange Daily Bulletins



    VANCOUVER, Feb. 25 /CNW/ -

    
    TSX VENTURE COMPANIES

    ADAMUS RE

SOURCES LIMITED ("ADU") BULLETIN TYPE: Shares for Debt BULLETIN DATE: February 25, 2009 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing the Company's proposal to issue 100,000 shares at a deemed price of AUD$0.30 to settle outstanding debt for AUD$30,000. Number of Creditors: 1 Creditor The Company shall issue a news release when the shares are issued and the debt extinguished. TSX-X ------------------------------- BELL COPPER CORPORATION ("BCU") BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s BULLETIN DATE: February 25, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 11, 2008: Convertible Debenture $750,000 Conversion Price: Convertible into units consisting of 1 common share and 1 common share purchase warrant at $0.05 of principal outstanding in year one, at $0.085 in year two Maturity date: Two years from closing Warrants 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 $0.10 for the two year period. Interest rate: 1% per month payable in common shares at a price determined by the Market Price of the Company's shares at the time of settlement. Number of Placees: 49 placees Finders' Fees: Mont Blanc Capital Corp. (Jurgen Biertumpel) will receive an 8% finder's fee of $6,400.00. William J. Reishman will receive an 8% finder's fee of $10,400.00. 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 ------------------------------- CAERUS RE

SOURCE CORPORATION ("CA") (formerly Samba Gold Inc. ("SAO")) BULLETIN TYPE: Name Change and Consolidation BULLETIN DATE: February 25, 2009 TSX Venture Tier 2 Company Pursuant to a resolution passed by shareholders December 18, 2008, the Company has consolidated its capital on a six old for one new basis. The name of the Company has also been changed as follows. Effective at the opening Thursday, February 26, 2009, the common shares of Caerus Resource Corporation will commence trading on TSX Venture Exchange, and the common shares of Samba Gold Inc. will be delisted. The Company is classified as a 'Mining Exploration and Development' company. Post - Consolidation Capitalization: unlimited shares with no par value of which 4,702,008 shares are issued and outstanding Escrow: 4,464 escrow shares Transfer Agent: Computershare Investor Services Inc. Trading Symbol: CA (new) CUSIP Number: 127653 10 3 (new) TSX-X ------------------------------- CENTURY ENERGY LTD. ("CEY") BULLETIN TYPE: Shares for Debt BULLETIN DATE: February 25, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the Company's proposal to issue 91,677 shares at a deemed value of $0.09 per share to settle outstanding debt for $8,251. Number of Creditors: 2 Creditors Insider / Pro Group Participation: Insider equals Y / Amount Deemed Price No. of Creditor Progroup equals P Owing per Share Shares Jimmy McCarroll Y $4,189 $0.09 46,544 Charles Wheeler Y $4,062 $0.09 45,133 The Company shall issue a news release when the shares are issued and the debt extinguished. TSX-X ------------------------------- EXETER RE

SOURCE CORPORATION ("XRC") BULLETIN TYPE: Prospectus-Share Offering BULLETIN DATE: February 25, 2009 TSX Venture Tier 1 Company Effective February 20, 2009, the Company's Short Form Prospectus dated February 19, 2009 was filed with and accepted by TSX Venture Exchange (the "Exchange") and filed with and receipted by the British Columbia, Ontario, Alberta, Saskatchewan, Manitoba and New Brunswick Securities Commissions, pursuant to the provisions of the applicable Securities Acts. The Exchange has been advised that closing will occur on February 26, 2009, for gross proceeds of $25,200,000. Underwriters: Canaccord Capital Corporation BMO Nesbitt Burns Inc. TD Securities Inc. Offering: 10,500,000 shares Share Price: $2.40 per share Underwriters' Options: Up to 784,875 non-transferable compensation options each being exercisable to purchase one share at $2.40 per share for a period of 12 months from the closing date. Greenshoe Option: The Underwriters may over-allot the shares in connection with this offering and the Company has granted to the Underwriters, an option to purchase up to 1,575,000 additional shares at a price of $2.40 per share, exercisable up to the close of business 30 days following the closing date. TSX-X ------------------------------- FIRST GOLD EXPLORATION INC. ("EFG") BULLETIN TYPE: Private Placement- Non-Brokered BULLETIN DATE: February 25, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 12, 2008: Number of Shares: 650,000 common shares and 1,625,000 flow-through common shares Purchase Price: $0.25 per common share and $0.30 per flow-through common share Warrants: 2,275,000 share purchase warrants to purchase 2,275,000 common shares Warrant exercise price: $0.40 for the 12-month period following the closing of the private placement Number of Placees: 47 placees Insider / Pro Group Participation: Name Insider equals Y / Number Pro Group equals P of shares Pierre Forget Y 550,000 Karl Mansour P 273,000 Eric Leboeuf Y 105,000 Louis Després P 52,500 Finders' fee: Polygroup S.A. received $33,850 in cash. Financière Banque Nationale received $12,600 in cash and 42,583 compensation options, each entitling the holder to subscribe for one common share at a price of $0.40 for the 12-month period following the closing of the private placement. Canaccord Capital Corporation received $9,600 in cash and 33,600 compensation options. Croesus Ares Investment Corporation received $5,500 in cash. The Company has confirmed the closing of the above-mentioned private placement by way of a news release dated July 10, 2008. EXPLORATION FIRST GOLD INC. ("EFG") TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier DATE DU BULLETIN : Le 25 février 2009 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 12 juin 2008 : Nombre d'actions : 650 000 actions ordinaires et 1 625 000 actions ordinaires accréditives Prix : 0,25 $ par action ordinaire et 0,30 $ par action ordinaire accréditive Bons de souscription : 2 275 000 bons de souscription permettant de souscrire à 2 275 000 actions ordinaires Prix d'exercice des bons : 0,40 $ pour une période de 12 mois suivant la clôture Nombre de souscripteurs : 47 souscripteurs Participation Initié / Groupe Pro : Nom Initié equals Y / Nombre Groupe Pro equals P d'actions Pierre Forget Y 550 000 Karl Mansour P 273 000 Eric Leboeuf Y 105 000 Louis Després P 52 500 Honoraires des intermédiaires : Polygroup S.A. a reçu 33 850 $ en espèces. Financière Banque Nationale a reçu 12 600 $ en espèces et 42 583 options de rémunération, chacune permettant de souscrire à une action au prix de 0,40 $ pour une période de 12 mois suivant la clôture du placement privé. Canaccord Capital Corporation a reçu 9 600 $ in cash et 33 600 options de rémunération. Croesus Ares Investment Corporation a reçu 5 500 $ en espèces. La société a confirmé la clôture du placement privé mentionné ci-haut en vertu d'un communiqué de presse daté du 10 juillet 2008. TSX-X ------------------------------- FIRST GOLD EXPLORATION INC. ("EFG") BULLETIN TYPE: Private Placement- Non-Brokered BULLETIN DATE: February 25, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 13, 2008: Number of Shares: 193,000 common shares and 482,500 flow-through common shares Purchase Price: $0.25 per common share and $0.30 per flow-through common share Warrants: 675,500 share purchase warrants to purchase 675,500 common shares Warrant exercise price: $0.40 for the 12-month period following the closing of the private placement Number of Placees: 19 placees Finders' fee: Canaccord Capital Corporation received $18,600 in cash and 63,000 compensation options, each entitling the holder to subscribe for one common share at a price of $0.40 for the 12-month period following the closing of the private placement. Polygroup S.A. received $500 in cash. Croesus Ares Investment Corporation received $200 in cash. The Company has confirmed the closing of the above-mentioned private placement by way of a news release dated July 17, 2008. EXPLORATION FIRST GOLD INC. ("EFG") TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier DATE DU BULLETIN : Le 25 février 2009 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 13 juin 2008 : Nombre d'actions : 193 000 actions ordinaires et 482 500 actions ordinaires accréditives Prix : 0,25 $ par action ordinaire et 0,30 $ par action ordinaire accréditive Bons de souscription : 675 500 bons de souscription permettant de souscrire à 675 500 actions ordinaires Prix d'exercice des bons : 0,40 $ pour une période de 12 mois suivant la clôture Nombre de souscripteurs : 19 souscripteurs Honoraires des intermédiaires : Corporation Capital Canaccord a reçu 18 600 $ en espèces et 63 000 options de rémunération, chacune permettant de souscrire à une action au prix de 0,40 $ pour une période de 12 mois suivant la clôture du placement privé. Polygroup S.A. a reçu 500 $ en espèces. Croesus Ares Investment Corporation a reçu 200 $ en espèces. La société a confirmé la clôture du placement privé mentionné ci-haut en vertu d'un communiqué de presse daté du 17 juillet 2008. TSX-X ------------------------------- FIRST GOLD EXPLORATION INC. ("EFG") BULLETIN TYPE: Private Placement- Non-Brokered BULLETIN DATE: February 25, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 12, 2008: Number of Shares: 848,000 common shares Purchase Price: $0.25 per common share Warrants: 848,000 share purchase warrants to purchase 848,000 common shares Warrant exercise price: $0.35 for the 12-month period following the closing of the private placement and $0.40 during the next 12 months thereafter Number of Placees: 6 placees Insider / Pro Group Participation: Name Insider equals Y / Number Pro Group equals P of shares Karl Mansour P 200,000 Finders' fee: Research Capital Corporation received $1,500 in cash and 4,000 compensation options, each entitling the holder to subscribe for one common share at a price of $0.35 for the 12-month period following the closing of the private placement. Polygroup S.A. received $8,700 in cash. The Company has confirmed the closing of the above-mentioned private placement by way of news releases dated July 10 and July 17, 2008. EXPLORATION FIRST GOLD INC. ("EFG") TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier DATE DU BULLETIN : Le 25 février 2009 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 12 juin 2008 : Nombre d'actions : 848 000 actions ordinaires Prix : 0,25 $ par action ordinaire Bons de souscription : 848 000 bons de souscription permettant de souscrire à 848 000 actions ordinaires Prix d'exercice des bons : 0,35 $ pour une période de 12 mois suivant la clôture et 0,40 $ pour la période de 12 mois subséquente Nombre de souscripteurs : 6 souscripteurs Participation Initié / Groupe Pro: Nom Initié equals Y / Nombre Groupe Pro equals P d'actions Karl Mansour P 200 000 Honoraires des intermédiaires : Research Capital Corporation on reçu 1 500 $ en espèces et 4 000 options de rémunération, chacune permettant de souscrire à une action au prix de 0,35 $ pour une période de 12 mois suivant la clôture du placement privé. Polygroup S.A. a reçu 8 700 $ en espèces. La société a confirmé la clôture du placement privé mentionné ci-haut en vertu de communiqués de presse datés du 10 juillet et 17 juillet 2008. TSX-X ------------------------------- FIRST GOLD EXPLORATION INC. ("EFG") BULLETIN TYPE: Private Placement-Non-Brokered, Correction BULLETIN DATE: February 25, 2009 TSX Venture Tier 2 Company Further to the TSX Venture Exchange (the "Exchange") bulletin dated July 23, 2008 with respect to a Non-Brokered Private Placement, the Exchange has accepted an amendment with respect to a Non-Brokered Private Placement announced July 10, 2008. A finder's fee of $20,000 was payable to Polygroup S.A. The other information in our bulletin dated July 23, 2008 remains unchanged. EXPLORATION FIRST GOLD INC. ("EFG") TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier, corrigé DATE DU BULLETIN : Le 25 février 2009 Société du groupe 2 de TSX croissance Suite au bulletin de la Bourse de croissance TSX (la "Bourse") daté du 23 juillet 2008, la Bourse a accepté un amendement relativement à un placement privé sans l'entremise d'un courtier. Des honoraires d'intermédiation de 20 000 $ ont été payés à Polygroup S.A. Les autres informations de notre bulletin du 23 juillet 2008 demeurent inchangées. TSX-X ------------------------------- GALE FORCE PETROLEUM INC. ("GFP") BULLETIN TYPE: Resume Trading BULLETIN DATE: February 25, 2009 TSX Venture Tier 2 Company Effective at 8:15 a.m. PST, February 25, 2009, shares of the Company resumed trading, an announcement having been made over StockWatch. TSX-X ------------------------------- GOLD SUMMIT CORPORATION ("GSM") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: February 25, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation relating to an option agreement (the "Agreement") dated October 29, 2008, between Jerrold Williamson (the "Optionor") and Gold Summit Corporation (the "Company"). Pursuant to the Agreement, the Company shall have the option to acquire a 100% undivided interest, subject to a 2% net smelter royalty ("NSR"), in the group of 32 units (the "Units") held by the Optionor. The Units are located in Corless Township, approximately 70 kms east of Red Lake, Ontario. In order to exercise its option, the Company must issue an aggregate of 200,000 common shares, and pay aggregate of $100,000 to the Optionor over a four year period. For more information, refer to the Company's news release dated November 20, 2008. TSX-X ------------------------------- GOLDEN DAWN MINERALS INC. ("GOM") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 25, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 17, 2009: Number of Shares: 1,000,000 shares Purchase Price: $0.12 per share Warrants: 500,000 share purchase warrants to purchase 500,000 shares Warrant Exercise Price: $0.20 for a two year period Number of Placees: 3 placees Finder's Fee: $1,200 payable to Aberdeen Gould Inc. 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 ------------------------------- INTERNATIONAL SAMUEL EXPLORATION CORP. ("ISS") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 25, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 26, 2009: Number of Shares: 857,500 shares Purchase Price: $0.16 per share Warrants: 857,500 share purchase warrants to purchase 857,500 shares Warrant Exercise Price: $0.25 for a five year period Number of Placees: 12 placees Insider / Pro Group Participation: Insider equals Y / Name ProGroup equals P / No. of Shares Tyro Industries Corp. Y 31,250 310831 BC Ltd. P 31,250 Rosemill & Associates Inc. Y 93,750 Conrad Swanson Y 175,000 Finder's Fee: $4,080 payable to Samina Dhanani 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 ------------------------------- KENT EXPLORATION INC. ("KEX") BULLETIN TYPE: Private Placement-Non-Brokered, Amendment BULLETIN DATE: February 25, 2009 TSX Venture Tier 2 Company Further to the TSX Venture Exchange Bulletin dated February 20, 2009, the Exchange has accepted an amendment with respect to a Non-Brokered Private Placement announced February 6, 2009: The Insider, Graeme O'Neill, subscribed for a total of 138,571 shares and the finder's fee payable to Blackmont Capital is $1,470. All other aspects of the bulletin remain unchanged. TSX-X ------------------------------- Lignol Energy Corporation ("LEC") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 25, 2009 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 February 12, 2009: Number of Shares: 403,597 shares Purchase Price: $0.41 per share Number of Placees: 1 placee No Insider / Pro Group Participation Finder's Fee: N/A 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 ------------------------------- LUNA GOLD CORP. ("LGC") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 25, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 27, 2009: Number of Shares: 258,403,949 shares Purchase Price: $0.12 per share Number of Placees: 79 placees Insider / Pro Group Participation: Insider equals Y / Name ProGroup equals P No. of Shares Titus Haggan Y 250,000 Lowell Family Limited Partnership (J. David Lowell) Y 20,721,667 Lowell Family Trust (J. David Lowell) Y 20,505,000 Eric Southam P 40,000 Elizabeth Southam P 40,000 Nolan Watson Y 167,000 Andrew Williams P 150,000 David Elliott P 500,000 David Shepherd P 100,000 Eha Shepherd P 100,000 Wendie Elliott P 150,000 Batell Investments (David Elliott) P 100,000 Kerry Smith P 200,000 Catherine Seltzer P 833,333 John Tognetti P 500,000 Robert Sali P 1,000,000 Finders' Fees: $39,566.40 cash payable to Haywood Securities Inc. $7,200.00 cash payable to Dundee Securities Corp. $720.00 cash 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. TSX-X ------------------------------- MILLROCK RE

SOURCES INC. ("MRO") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: February 25, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted a purchase agreement between Millrock Resources Inc. (the "Company"), Hidefield Gold plc. ("Hidefield"), a public UK Company and Mines Trust Co. ("MT"), a privately held Alaska-based company. Pursuant to the agreement, the Company will acquire a 100% interest in the Estelle gold claims, Rainy Pass district, Alaska. Aggregate consideration payable by the Company to Hidefield is: - US$100,000 cash - 1 million Company shares. Aggregate consideration payable by the Company to MT is: - US$25,000 cash - 250,000 Company shares. Insider / Pro Group Participation: Charles Hawley is both director of the Company, and President and a director of Mines Trust owns 4.4% of Mines Trust directly and 21.6% indirectly. Insider equals Y / Name ProGroup equals P No. of Shares Charles Hawley Y 65,000 For further information, please see the Company's news release, dated February 5, 2009, available on SEDAR. TSX-X ------------------------------- PEDIMENT GOLD CORP. ("PEZ") (formerly Pediment Exploration Ltd. ("PEZ")) BULLETIN TYPE: Name Change BULLETIN DATE: February 25, 2009 TSX Venture Tier 2 Company Pursuant to a director's resolution dated November 5, 2008, the Company has changed its name as follows. There is no consolidation of capital. Effective at the opening Thursday, February 26, 2009, the common shares of Pediment Gold Corp. will commence trading on TSX Venture Exchange, and the common shares of Pediment Exploration Ltd. will be delisted. The Company is classified as a 'Mining' company. Capitalization: 100,000,000 shares with no par value of which 43,882,069 shares are issued and outstanding Escrow: nil escrow shares Transfer Agent: Computershare Trust Company of Canada Trading Symbol: PEZ (no change) CUSIP Number: 70532W 10 9 (new) TSX-X ------------------------------- PLEXMAR RE

SOURCES INC. ("PLE") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 25, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement announced on January 26, 2009: Number of Shares: 16,640,000 common shares Purchase Price: $0.05 per common share Warrants: 16,640,000 warrants to purchase 16,640,000 common shares. Warrant Exercise Price: $0.10 for 24 months following the closing Number of Placees: 33 placees Insider / Pro Group Participation: Name Insider equals Y / Number Pro Group equals P of Shares Gestion GJB S.A. (Guy Bédard) Y 1,900,000 Gestion J. Contreras Inc. (Juan Contreras) Y 1,500,000 Rolando Arellano Cueva Y 100,000 Pierre Labbé Y 150,000 Finders' fee: $15,200 in cash and 304,000 brokers' warrants payable to Canaccord Capital Corporation. Each broker's warrant allows the holder to purchase one share at an exercise price of $0.05 per share for a 12-month period. Mr. Carol Voyer has received $9,600 in cash. The Company has announced the closing of the above-mentioned Private Placement by way of press releases dated February 11, 2009 and February 24, 2009. RES

SOURCES PLEXMAR INC. ("PLE") TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier DATE DU BULLETIN : Le 25 février 2009 Société du groupe 2 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 26 janvier 2009 : Nombre d'actions : 16 640 000 actions ordinaires Prix : 0,05 $ par action ordinaire Bons de souscription : 16 640 000 bons de souscription permettant de souscrire à 16 640 000 actions ordinaires. Prix d'exercice des bons : 0,10 $ durant 24 mois suivant la clôture Nombre de souscripteurs : 33 souscripteurs Participation Initié / Groupe Pro : Nom Initié equals Y / Nombre Groupe Pro equals P d'actions Gestion GJB S.A. (Guy Bédard) Y 1 000 000 Gestion J. Contreras Inc. (Juan Contreras) Y 1 000 000 Rolando Arellano Cueva Y 100 000 Pierre Labbé Y 150 000 Frais d'intermédiation : 15 200 $ au comptant et 304 000 bons de souscription payables à Corporation Canaccord Capital. Chaque bon de souscription permet de souscrire à une action au prix de 0,10 $ l'action pour une période de 12 mois. M. Carol Voyer a reçu une somme de 9 600 $. La société a annoncé la clôture de ce placement privé dans des communiqués de presse datés du 11 février 2009 et 24 février 2009. TSX-X ------------------------------- RAYMOR INDUSTRIES INC. ("RAR") BULLETIN TYPE: Suspend-Failure to Maintain Tier Maintenance Requirements BULLETIN DATE: February 25, 2009 TSX Venture Tier 2 Company Further to the TSX Venture Bulletin dated February 23, 2009 and pursuant to the Company's press release dated February 24, 2009, effective at the opening Thursday, February 26, 2009, trading in the shares of the Company will be suspended, the Company having failed to maintain Tier Maintenance Requirements in accordance with Policy 2.5. Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice. TSX-X ------------------------------- RED HILL ENERGY INC. ("RH") BULLETIN TYPE: Warrant Term Extension BULLETIN DATE: February 25, 2009 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: 1,215,000 Original Expiry Date of Warrants: May 31, 2009 New Expiry Date of Warrants: May 31, 2010 Exercise Price of Warrants: $1.25 These warrants were issued pursuant to a private placement of 2,440,000 shares with 1,220,000 share purchase warrants attached, which was accepted for filing by the Exchange effective June 8, 2007. TSX-X ------------------------------- RED HILL ENERGY INC. ("RH") BULLETIN TYPE: Warrant Term Extension BULLETIN DATE: February 25, 2009 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: 3,750,000 Original Expiry Date of Warrants: April 3, 2009 New Expiry Date of Warrants: April 3, 2010 Exercise Price of Warrants: $1.25 These warrants were issued pursuant to a private placement of 7,500,000 shares with 3,750,000 share purchase warrants attached, which was accepted for filing by the Exchange effective April 3, 2007. TSX-X ------------------------------- REOCITO CAPITAL INC. ("RCO.P") BULLETIN TYPE: Remain Halted BULLETIN DATE: February 25, 2009 TSX Venture Tier 2 Company Further to TSX Venture Exchange Bulletin dated February 20, 2009, effective at 10:56 a.m. PST, February 25, 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 ------------------------------- SHOREHAM RE

SOURCES LTD. ("SMH") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: February 25, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation pertaining to a letter agreement (the "Agreement") dated September 6, 2008, between Shoreham Resources Ltd. (the "Company") and an arm's length party (the "Vendor"). Pursuant to the Agreement, the Company shall acquire 100% of the mining rights of the Black Banana property (the "Property"), located in northwestern Guyana. As consideration, the Company must pay the Vendor an aggregate of US$150,000 and incur an aggregate of US$300,000 in exploration expenditures over a four year period. If the sum of US$150,000 is paid within two years, the requirement to incur US$300,000 in exploration expenditures will be waived. The Vendor shall receive a 3% net smelter returns royalty (the "NSR"). At any time, the Company shall have the option to purchase a one third (1/3) of the NSR by making a further payment of US$500,000. For further information, please refer to the Company's press release dated October 8, 2008. TSX-X ------------------------------- NEX COMPANIES VALPARAISO ENERGY INC. ("VPO.H") (formerly Raptor Capital Corporation ("RCP.H")) BULLETIN TYPE: Name Change and Consolidation, Shares for Debt BULLETIN DATE: February 25, 2009 NEX Company Pursuant to a resolution passed by shareholders January 30, 2009, 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 Thursday, February 26, 2009, the common shares of Valparaiso Energy Inc. will commence trading on TSX Venture Exchange, and the common shares of Raptor Capital Corporation will be delisted. The Company is classified as an 'Oil & Gas' company. Post - Consolidation Capitalization: Unlimited shares with no par value of which 4,232,165 shares are issued and outstanding Escrow: NIL shares Transfer Agent: CIBC Mellon Trust Company Trading Symbol: VPO.H (new) CUSIP Number: 920259 10 8 (new) Shares for Debt: TSX Venture Exchange has accepted for filing the Company's proposal to issue 6,617,366 shares (post-consolidated) to settle outstanding debt for $858,301. Number of Creditors: 12 Creditors Insider / Pro Group Participation: Insider equals Y / Amount Deemed Price No. of Creditor Progroup equals P Owing per Share Shares Mount Street Consultants Ltd. Y $59,125 $0.15 394,167 Hilltop Sand & Gravel Co. Ltd. Y $59,125 $0.15 394,167 Second Star Resources Inc. Y $70,290 $0.15 468,600 Hilltop Sand & Gravel Co. Ltd. Y $156,855 $0.105 1,493,862 Normac Investments Inc. Y $34,036 $0.105 324,152 243796 Alberta Ltd. Y $21,225 $0.105 202,140 512147 Alberta Inc. Y $40,748 $0.105 388,077 Angus J. Mackenzie Y $60,511 $0.105 576,299 The Company shall issue a news release when the shares are issued and the debt extinguished. TSX-X -------------------------------

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