TSX Venture Exchange Daily Bulletins

VANCOUVER, May 7 /CNW/ -

    
    TSX VENTURE COMPANIES

    BULLETIN TYPE: Cease Trade Order
    BULLETIN DATE: May 6, 2010
    TSX Venture Tier 2 Company

    A Cease Trade Order has been issued by the Alberta Securities Commission
on May 6, 2010, against the following Company for failing to file the
documents indicated within the required time period:

                                                                     Period
                                                                     Ending
    Symbol    Company                    Failure to File             (Y/M/D)

    ("TQY")   Tanqueray Resources Ltd.   Annual audited financial   09/12/31
                                          statements
                                         Annual management's        09/12/31
                                          discussion & analysis
                                         Certification of annual    09/12/31
                                          filings

    Upon revocation of the Cease Trade Order, the Company's shares will remain
suspended until the Company meets TSX Venture Exchange requirements. Members
are prohibited from trading in the securities of the company during the period
of the suspension or until further notice.

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

    AGRITEC SYSTEMS, INC. ("AGR")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: May 7, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 6, 2010:

    Number of Shares:        1,273,000 shares

    Purchase Price:          US$0.20 per share

    Number of Placees:       7 placees

    No Insider/Pro Group Participation

    Finder's Fee:            US$20,368 payable to Wolverton Securities 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).

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

    ALTURAS MINERALS CORP. ("ALT")
    BULLETIN TYPE: Property-Asset or Share Purchase Agreement
    BULLETIN DATE: May 7, 2010
    TSX Venture Tier 1 Company

    TSX Venture Exchange has accepted for filing documentation pertaining to
an option assignment agreement (the "Option Assignment Agreement") dated March
31, 2010, between Alturas Minerals Corp. (the "Company") and two arm's length
parties (collectively, the "Optionors") and the underlying option agreement
(the "Underlying Option Agreement") dated April 28, 2010 between the Company
and arm's length parties (collectively, the "Underlying Owners"). Pursuant to
the Option Assignment Agreement, the Optionors have assigned their option to
the Company to acquire a 100% interest in the La Corina Property (the
"Property").
    To acquire a 100% interest in the Property, the Company must pay the
Underlying Owners an aggregate of US$4,050,000 over a five year period and
issue an aggregate 327,612 shares to the Optionors. In addition, the Company
has the option of paying the Optionors an aggregate of US$450,000 over a five
year period or issue a number of shares equal to an aggregate of US$450,000,
which is subject to further Exchange approval at the time of issuance.
    The Underlying Owners shall receive a 2% net smelter royalty on the
Property, which can be repurchased for US$2,000,000 at the option of the
Company.
    For further information, please refer to the Company's press releases
dated November 25, 2009 and April 30, 2010.

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

    AQUARIUS CAPITAL CORP. ("AQU.P")
    BULLETIN TYPE: New Listing-CPC-Shares
    BULLETIN DATE: May 7, 2010
    TSX Venture Tier 2 Company

    This Capital Pool Company's ('CPC') Prospectus dated February 1, 2010 has
been filed with and accepted by TSX Venture Exchange and the Ontario, British
Columbia and Alberta Securities Commissions effective February 2, 2010,
pursuant to the provisions of the respective Securities Acts. The Common
Shares of the Company will be listed on TSX Venture Exchange on the effective
date stated below.
    The Company has completed its initial distribution of securities to the
public. The gross proceeds received by the Company for the Offering were
$261,950 (2,619,500 common shares at $0.10 per share).

    Commence Date:           At the opening Monday, May 10, 2010, the Common
                             shares will commence trading on TSX Venture
                             Exchange.

    Corporate Jurisdiction:  Ontario

    Capitalization:          Unlimited common shares with no par value of
                                       which
                             5,019,500 common shares are issued and
                                       outstanding
    Escrowed Shares:         2,400,000 common shares

    Transfer Agent:          Olympia Transfer Services Inc.
    Trading Symbol:          AQU.P
    CUSIP Number:            03841V 10 8
    Agent:                   Northern Securities Inc.

    Agent's Options:         261,950 non-transferable stock options. One
                             option to purchase one share at $0.10 per share
                             for up to 24 months.

    For further information, please refer to the Company's Prospectus dated
February 1, 2010.

    Company Contact:         James Phillipson, Chief Financial Officer
    Company Address:         95 Wellington Street West, Suite 1200
                             Toronto, ON  M5J 2Z9

    Company Phone Number:    (905) 731-8255
    Company Fax Number:      (416) 941-8852

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

    BOLERO RESOURCES CORP. ("BRU")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: May 7, 2010
    TSX Venture Tier 1 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 9, 2010:

    Number of Shares:        574,286 flow-through shares

    Purchase Price:          $0.35 per share

    Warrants:                574,286 share purchase warrants to purchase
                             574,286 shares

    Warrant Exercise Price:  $0.50 for a two year period

    Number of Placees:       10 placees

    Finder's Fee:            An aggregate of $10,050 in cash and 28,714
                             finders' warrants payable to Bolder Investment
                             Partners, Ltd. and Mosam Ventures Inc. Each
                             finder's warrant entitles the holder to acquire
                             one common share at $0.35 for a two year period.

                             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.

    For further details, please refer to the Company's news release dated
April 22, 2010.

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

    BOWMORE EXPLORATION LTD. ("BOW")
    BULLETIN TYPE: Property-Asset or Share Purchase Agreement
    BULLETIN DATE: May 7, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing an Agreement between the
Company and Amex Exploration Inc. ("Amex") whereby the Company has been
granted an option to acquire up to 70% of the Natora-South Property that is
located in the State of Sonora, Mexico from Amex's subsidiary, Minerales X-Ore
de S.A. de C.V. To earn the initial 50%, the Company must pay $312,500, issue
150,000 common shares and expend $1,250,000 in exploration over a two year
period. To earn an additional 20%, the Company must pay $200,000, issue
100,000 common shares and expend $750,000 in exploration over the subsequent
two year period. If a party's interest in the Property dilutes to 10% or less,
the party's interest shall be converted to a 2.0% NSR in accordance with the
NSR terms set out in the Agreement.

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

    CATS EYE CAPITAL CORP. ("CYE.P")
    BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction
    within 24 months of Listing
    BULLETIN DATE: May 7, 2010
    TSX Venture Tier 2 Company

    Further to the TSX Venture Exchange Bulletin dated April 7, 2010,
effective at the opening, Monday May 10, 2010, trading in the shares of the
Company will be suspended, the Company having failed to complete a Qualifying
Transaction within 24 months of its listing.
    Members are prohibited from trading in the securities of the Company
during the period of the suspension or until further notice.

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

    CHANNEL RESOURCES LTD. ("CHU")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: May 7, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced on April 9, 2010:

    Number of Shares:        5,000,000 shares

    Purchase Price:          $0.07 per share

    Warrants:                5,000,000 share purchase warrants to purchase
                             5,000,000 shares

    Warrant Exercise Price:  $0.11 for a two year period

    Number of Placees:       35 placees

    Insider/Pro Group Participation:

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

    A. William Whitehead     P                                   500,000
    James W. Mustard         P                                   500,000
    Wendell M. Zerb          P                                   100,000
    Calum Morrison           P                                   100,000
    Carol Ellis              P                                   100,000
    Karen Boriss             P                                   100,000
    Alex Holmes              P                                    50,000
    Monty Sutton             P                                   200,000
    Renee Patterson          P                                   100,000
    Elsie Emes               P                                   100,000

    Finder's Fee:            *500,000 units and (xx)500,000 finder's fee
                             warrants payable to PI Financial Corp.
                             *Finder's fee units are under the same terms
                             as those to be issued pursuant to the private
                             placement.
                             (xx)Finder's fee warrants are exercisable at
                             $0.10 per share for two years.

    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
                        -----------------------------

    FOREST GATE ENERGY INC. ("FGE")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: May 7, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced May 6, 2010:

    Number of Shares:        1,324,000 common shares

    Purchase Price:          $0.25 per common share

    Warrants:                662,000 warrants to purchase 662,000 common
                             shares

    Warrant Exercise Price:  $0.40 for a two-year period following the
                             closing

    Number of Placees:       17 placees

    Finder's Fees:           $16,250 in cash and 65,000 warrants was issued
                             to Northern Securities Inc. Each finder's fee
                             warrant entitles the Holder to purchase one
                             unit, consisting of one common share and one
                             half of one common share purchase warrant, of
                             the Company at an exercise price of $0.25 per
                             unit. Each full warrant entitles the Holder to
                             purchase one common share at a price of $0.40
                             per share for a two-year period following the
                             closing of the Private Placement.

    The Company has announced the closing of the Private Placement by way of a
press release.

    FOREST GATE ENERGY INC. ("FGE")
    TYPE DE BULLETIN: Placement privé sans l'entremise d'un courtier
    DATE DU BULLETIN : Le 7 mai 2010
    Société du groupe 2 de TSX Croissance

    Bourse de croissance TSX a accepté le dépôt de la documentation
relativement à un placement privé sans l'entremise d'un courtier, tel
qu'annoncé le 6 mai 2010 :

    Nombre d'actions :          1 324 000 actions ordinaires

    Prix :                      0,25 $ par action ordinaire

    Bons de souscription :      662 000 bons de souscription permettant de
                                souscrire à 662 000 actions ordinaires

    Prix d'exercice des bons :  0,40 $ pour une période de deux ans suivant
                                la clôture

    Nombre de souscripteurs :   17 souscripteurs

    Honoraires
    d'intermédiation :          Northern Securities inc. a reçu 16 250 $ en
                                espèces ainsi que 65 000 options. Chaque
                                option, comprenant une action ordinaire et un
                                demi-bon de souscription, permet au titulaire
                                de souscrire à une unité de la société au
                                prix de 0,25 $ l'unité pendant une période de
                                deux ans suivant la clôture du placement
                                privé. Chaque bon de souscription entier
                                permet au titulaire de souscrire à une action
                                ordinaire de la société au prix de 0,40 $ par
                                action pendant une période de deux ans
                                suivant la clôture placement privé.

    La société a confirmé la clôture du placement privé ci-avant mentionné par
voie de communiqué de presse.

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

    LATEEGRA GOLD CORP. ("LRG")
    BULLETIN TYPE: Property-Asset or Share Purchase Agreement
    BULLETIN DATE: May 7, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing an option agreement dated
April 13, 2010 between Lateegra Gold Corp. (the 'Company') and James E.
Croxall, Margaret Kangas, and John D. Bryant, whereby the Company will acquire
a 100% interest in one mineral claim covering approximately 240 acres located
five kilometers southwest of Timmins, Ontario.
    Total consideration consists of $50,000 in cash payments, 225,000 shares
of the Company, and $150,000 in work expenditures as follows:

                          CASH           SHARES                  WORK
                                                         EXPENDITURES

    Year 1             $15,000           75,000               $50,000
    Year 2             $15,000           60,000               $50,000
    Year 3             $20,000           90,000               $50,000

    In addition, there is a 2% net smelter return relating to the acquisition.
The Company may at any time purchase 1% of the net smelter return for
$1,000,000 in order to reduce the total net smelter return to 1%.

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

    NOVADX VENTURES CORP. ("NDX")
    BULLETIN TYPE: Shares for Bonuses
    BULLETIN DATE: May 7, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing the Company's proposal to
issue 200,000 bonus shares in consideration of a loan of US$400,000. The loan
is due June 30, 2010 and bears interest at a rate of 12% per annum.

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

    PCI-1 CAPITAL CORP. ("ICC.P")
    BULLETIN TYPE: Regional Office Change
    BULLETIN DATE: May 7, 2010
    TSX Venture Tier 2 Company

    Pursuant to Policy 1.2, TSX Venture Exchange has been advised of, and
accepted the change of the Filing and Regional Office from Toronto, ON to
Vancouver, BC.

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

    SILVER SPRUCE RESOURCES INC. ("SSE")
    BULLETIN TYPE: Property-Asset or Share Purchase Agreement
    BULLETIN DATE: May 7, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation pursuant to the
Big Easy Property Option Agreement (the "Agreement") between Silver Spruce
Resources Inc. (the "Company") and two arm's length investors (the
"Optionors") dated April 21, 2010 wherein the Company will acquire 100%
interest in mineral licenses of property located near the Thorburn Lake in
east-central Newfoundland. In consideration, the Company will pay a total of
$110,000 and 1,600,000 common shares to the Optionors over three years at a
deemed price of $0.085 per share, with 350,000 common shares issued and
$20,000 cash paid at the signing of the Agreement. The Optionors are entitled
to receive a Net Smelter Sum Royalty of 3% with a 1.5% buyback for a one-time
payment of $1,500,000. The Company will also advance royalty payments starting
in the fourth year in the amount of $20,000 per year until production is
obtained.
    This transaction was announced in the Company's press release dated April
27, 2010.

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

    SUNWARD RESOURCES LTD. ("SWD")
    BULLETIN TYPE: Private Placement-Brokered
    BULLETIN DATE: May 7, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced April 12, 2010:

    Number of Shares:        20,833,333 Special Warrants

    Purchase Price:          Each Special Warrant will automatically convert
                             into one common share on the earlier of 4 months
                             from closing and the day a receipt is issued for
                             a final prospectus qualifying the distribution
                             of common shares on exercise of the Special
                             Warrants.

    Default Provisions:      10% Penalty Clause if a receipt for a final
                             prospectus is not received within 45 days of the
                             closing date.

    Number of Placees:       70 placees

    Insider/Pro Group Participation:

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

    Roger Poirier            P                                   833,000
    Cormack Securities Inc.
     on Behalf of the
     Underwriters            P                                 2,294,333
    RBC Asset Management
     Inc. as Manager and
     Trustee for RBC
     Glocal Precious
     Metals Fund             P                                 1,667,000
    Richard Gray             P                                    35,000
    Mike Kozak               P                                    28,000
    Chris Roy                P                                    60,000
    Susan Samila-Moroz       P                                    40,000
    Dean Lazer               P                                    40,000
    Eric Lazer               P                                    50,000
    Brady Green              P                                    50,000
    Andrew Mickelson         P                                    40,000
    Lawrence Rotenberg       P                                    20,000

    Agents' Fees:            Cormack Securities Inc. - $930,000 and 750,000
                             Broker Warrants that are convertible into
                             Compensation Options that are exercisable into
                             common shares at $1.20 per share for an 18-month
                             period.

                             Canaccord Financial Ltd. - $285,000 and 250,000
                             Broker Warrants that are convertible into
                             Compensation Options that are exercisable into
                             common shares at $1.20 per share for an 18-month
                             period.

                             GMP Securities L.P. - $285,000 and 250,000
                             Broker Warrants that are convertible into
                             Compensation Options that are exercisable into
                             common shares at $1.20 per share for an 18-month
                             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
                        -----------------------------

    SUPERIOR MINING INTERNATIONAL CORPORATION ("SUI")
    BULLETIN TYPE: Property-Asset or Share Disposition Agreement
    BULLETIN DATE: May 7, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing an agreement dated April 8,
2010 between Goldcorp Incorporate ('Goldcorp'), Minco Mineral Holdings
(Proprietary) Limited ('Minco"), Superior Mining Corporation South Africa
(Proprietary) Limited ('Superior SA') and the Company. Minco through its
nominee Goldcorp can acquire up to 90% of the Company's 740 directly held
shares (the 'TMT Shares') in Turquoise Moon Trading 403 (Pty) Limited ('TMT').
    To acquire the 666 TMT shares Goldcorp is required to spend $10 million on
TMT's Mangalisa Property located in South Africa as follows:

    -   US$5 million by April 27, 2011 for the right to acquire 80% of the
        TMT shares; and

    -   Within 18 months of acquiring the initial right to acquire 80%
        Goldcorp must spend a further US$5 million on the property to acquire
        the additional 10%.

    If Goldcorp elects not to acquire the initial 80% interest, the Company
will refund certain amounts spent by Goldcorp to a maximum of Cdn$300,000.
    If Goldcorp acquires the initial right but does not complete the second
tranche of expenditures within the time required Goldcorp will earn no
interest in the TMT shares.
    A finder's fee of 250,000 share purchase warrants will be paid to Rodney
Tucker. Each finder's warrant is exercisable to acquire a share of the Company
for $0.45 for until April 8, 2012.

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

    SYLOGIST LTD. ("SYZ")
    BULLETIN TYPE: Declaration of Dividend
    BULLETIN DATE: May 7, 2010
    TSX Venture Tier 2 Company

    The Issuer has declared the following dividend:

    Dividend per Share:                  $0.0165
    Payable Date:                        June 15, 2010
    Record Date:                         May 31, 2010
    Ex-Dividend Date:                    May 27, 2010

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

    TIEX INC. ("TIX")
    BULLETIN TYPE: Warrant Term Extension
    BULLETIN DATE: May 7, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has consented to the extension in the expiry date of
the following warrants:

    Short Form Offering Document:

    No. of Warrants:                     2,222,222
    Original Expiry Date of Warrants:    May 20, 2010
    New Expiry Date of Warrants:         July 20, 2010
    Exercise Price of Warrants:          $0.70

    These warrants were issued pursuant to a short form offering document
filing of 4,444,444 shares with 2,222,222 share purchase warrants attached,
which was accepted for filing by the Exchange effective March 31, 2008.

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

    TORCH RIVER RESOURCES LTD. ("TCR")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: May 7, 2010
    TSX Venture Tier 2 Company

    Second of Two Tranches

    TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced March 12, March 16 and May 6, 2010:

    Number of Shares:        2,100,000 units
                             Each unit consists of one common share and one
                             common share purchase warrant

    Purchase Price:          $0.05 per unit

    Warrants:                2,100,000 share purchase warrants to purchase
                             2,100,000 shares

    Warrant Exercise Price:  $0.10 for up to 24 months from date of issuance

    Number of Placees:       3 placees

    Insider/Pro Group Participation:

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

    William Pfaffenberger    Y                                1,600,000
    D.G. Snyder              Y                                  400,000

    No Finder's Fee.

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

    TTM RESOURCES INC. ("TTQ")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: May 7, 2010
    TSX Venture Tier 1 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 20, 2010:

    Number of Shares:        3,500,000 shares

    Purchase Price:          $0.57 per share

    Warrants:                3,500,000 share purchase warrants to purchase
                             3,500,000 shares

    Warrant Exercise Price:  $0.75 for a one year period
                             $1.00 in the second year

    Number of Placees:       6 placees

    Finder's Fee:            $99,750 and 700,000 broker options payable to
                             Limited Market Dealer Inc. In addition, there is
                             a due diligence fee payable in the amount of
                             $59,850.

    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
                        -----------------------------

    NEX COMPANIES

    CANADIAN PRODIGY CAPITAL CORPORATION ("PDI.H")
    BULLETIN TYPE: Halt
    BULLETIN DATE: May 7, 2010
    NEX Company

    Effective at 12:03 p.m. PST, May 7, 2010, 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
                        -----------------------------
    


For further information: For further information: Market Information Services at 1-888-873-8392, or email: information@venture.com


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