TSX Venture Exchange Daily Bulletins

VANCOUVER, May 31 /CNW/ -

    
    TSX VENTURE COMPANIES

    AMALFI CAPITAL CORPORATION ("ALI.P")
    BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction
    within 24 months of Listing
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 2 Company

    Further to the TSX Venture Exchange Bulletin dated April 7, 2010,
effective at the opening Tuesday, June 1, 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
                       -------------------------------

    ARGENTEX MINING CORPORATION ("ATX")
    BULLETIN TYPE: Halt
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 2 Company

    Effective at 7:00 a.m. PST, May 31, 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
                       -------------------------------

    CONFEDERATION MINERALS LTD. ("CFM")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 16, 2010:

    Number of Shares:        1,684,666 shares

    Purchase Price:          $0.15 per share

    Warrants:                1,684,666 share purchase warrants to purchase
                             1,684,666 shares

    Warrant Exercise Price:  $0.25 for a two year period

    Number of Placees:       6 placees

    Insider/Pro Group Participation:

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

    Lawrence Dick            Y                                   337,000
    Peter Bryant             Y                                   337,000
    Primarius Capital
     Corporation
     (Kenneth Holmes)        Y                                   270,000

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

    CRITICAL OUTCOME TECHNOLOGIES INC. ("COT")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 29, 2010:

    Number of Shares:        3,151,101 shares

    Purchase Price:          $0.35 per share

    Warrants:                1,575,500 share purchase warrants to purchase
                             1,575,500 shares

    Warrant Exercise Price:  $0.55 for an eighteen (18) month period

    Insider/Pro Group Participation:

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

    Bruno Maruzzo            Y                                    10,000
    Michael Cloutier         Y                                    42,858
    Whippoorwill Holdings
     Ltd. (John C. Drake)    Y                                   142,857
    Kathleen Ferguson        Y                                   186,000
    Gene Kelly               Y                                    51,429
    Murray Wallace           Y                                    10,000
    Douglas S. Alexander     Y                                    30,000
    Wayne R. Danter          Y                                   142,857

    Finder's Fee:            An aggregate of $37,158 in cash and 106,250
                             finders' warrants payable to Altus Securities
                             Inc., Canaccord Financial Ltd., Financière
                             Banque Nationale, CIBC Wood Gundy and Wellington
                             West Capital Inc. Each finder's warrant entitles
                             the holder to acquire one common share at $0.40
                             for an eighteen (18) month 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 May
28, 2010.

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

    CROWN POINT VENTURES LTD. ("CWV")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 26, 2010:

    Second Tranche:

    Number of Shares:        1,567,516 shares

    Purchase Price:          $0.75 per share

    Warrants:                783,758 Series A share purchase warrants to
                             purchase 783,758 shares and 783,758 Series B
                             share purchase warrants exercisable at $1.50 per
                             share for three years from the closing date

    Warrant Exercise Price:  $1.00 for a two year period for Series A
                             warrants

    Number of Placees:       28 placees

    Insider/Pro Group Participation:

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

    Jay Harris               P                                       50,000
    Arlene Barkun Cain       P                                       20,000
    Martin Walter            Y                                      100,000

    Finders' Fees:           $11,880 cash and *21,120 Finder's Options
                             payable to TD Waterhouse Canada
                             (xx)17,100 units payable to Cormel Capital Sarl
                             (Blaise Yerly)
                             $2,700 cash, (xx)600 units and *5,600 Finder's
                             Options payable to Canaccord Financial Ltd.
                             *Finder's Options are exercisable at $0.75 per
                             unit and units are under the same terms as those
                             to be issued pursuant to the private placement.
                             (xx)Finder's Fee Units are under the same terms
                             as those to be issued pursuant to the private
                             placement.

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

    DECADE RESOURCES LTD. ("DEC")
    BULLETIN TYPE: Resume Trading
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 2 Company

    Effective at the 8:00 a.m. PST, May 31, 2010, shares of the Company
resumed trading, an announcement having been made over Marketwire.

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

    DOREX MINERALS INC. ("DOX")
    BULLETIN TYPE: Property-Asset or Share Purchase Agreement
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing an Option Agreement dated
March 29, 2010 between Dorex Minerals Inc. (the "Company") and Vladimir Poc,
whereby the Company has agreed to acquire a 90% interest in and to the Kratke
mining exploration property located in Slovak Republic. In consideration, the
Company will pay $90,000 cash ($65,000 in the first year), issue 1,400,000
shares (900,000 shares in the first year) and incur exploration expenditures
in the amount of $200,000 over a two-year period.

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

    DOREX MINERALS INC. ("DOX")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 16, 2010:

    Number of Shares:        2,750,000 shares

    Purchase Price:          $0.08 per share

    Warrants:                2,750,000 share purchase warrants to purchase
                             2,750,000 shares

    Warrant Exercise Price:  $0.11 for a two year period

    Number of Placees:       6 placees

    Finder's Fee:            $14,000 cash payable to Viera Adamec

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

    EAGLE HILL EXPLORATION CORPORATION ("EAG")
    BULLETIN TYPE: Private Placement-Brokered
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 2 Company

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

    Number of Shares:        7,500,000 non flow-through shares
                             9,000,000 flow-through shares

    Purchase Price:          $0.20 per non flow-through share
                             $0.25 per flow-through share

    Warrants:                12,000,000 share purchase warrants to purchase
                             12,000,000 shares

    Warrant Exercise Price:  $0.30 for a one year period

    Number of Placees:       56 placees

    Insider/Pro Group Participation:

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

    Ian Haar                 P                                    50,000
    Jane McKenna             P                                   150,000
    Gord Baker               P                                   200,000
    Shirley Prittie          P                                    50,000
    Alberto Galeone          P                                   570,000
    Jay Smith                P                                   400,000
    David John McLeish       P                                   120,000
    David Jones              P                                    80,000
    Rene Laverdiere          P                                   100,000
    John K. Gallagher        P                                    50,000

    Agent's Fee:             $128,812.50 cash, *495,000 flow-through
                             warrants and (xx)412,500 non flow-through
                             warrants payable to IBK Capital Corp.
                             $74,812.50 cash, *315,000 flow-through
                             warrants and (xx)262,500 non flow-through
                             warrants payable to Laurentian Bank Securities
                             Inc.
                             $21,375.00 cash, *90,000 flow-through warrants
                             and (xx)75,000 non flow-through warrants payable
                             to Industrial Alliance Securities Inc.
                             *Flow-through warrants are exercisable at
                             $0.25 per share for four years.
                             (xx)Non flow-through warrants are exercisable at
                             $0.20 per share for four 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
                       -------------------------------

    EMINENCE CAPITAL II INC. ("EII.P")
    BULLETIN TYPE: CPC-Filing Statement, Remain Halted
    BULLETIN DATE: May 31, 2009
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing the Company's CPC Filing
Statement dated May 31, 2010, for the purpose of filing on SEDAR.

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

    EYELOGIC SYSTEMS INC. ("EYE.A")
    BULLETIN TYPE: Declaration of Dividend
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 2 Company

    The Issuer has declared the following dividend:

    Dividend per Class A Share:          $0.04
    Payable Date:                        June 30, 2010
    Record Date:                         June 23, 2010
    Ex-Dividend Date:                    June 21, 2010

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

    KENIEBA GOLDFIELDS LTD. ("KEN")
    BULLETIN TYPE: Property-Asset or Share Purchase Agreement
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing, an Option Agreement dated
April 12, 2010, between the Company, Main Discovery Limited, and Falco
Resources Limited whereby the Company is granted an option to acquire a 70%
interest in certain mineral claims known as the Sebembere Copper Project
located near Kabwe, Zambia in exchange for US$750,000 cash, 2,000,000 shares
at a deemed price of $0.06 per share, and incurring US$4,000,000 in
exploration expenditures on the property over a 4 year period.

    Insider/Pro Group Participation: N/A

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

    NEW RANGE RESOURCES LTD. ("RGE")
    BULLETIN TYPE: Property-Asset or Share Disposition Agreement
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 1 Company

    TSX Venture Exchange has accepted for filing documentation pursuant to a
Purchase and Sale Agreement dated April 26, 2010 (the "Agreement") between the
Company and New North Resources Ltd. (the "Vendor"). As per the terms of the
Agreement, the Company will sell all of its working interest in the petroleum
and natural gas assets located in the Lodgepole, Pembina and Herronton areas
of Alberta, together with various minor non-working interests. In
consideration, the Vendors will pay the Company $1,250,000 cash.

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

    NORDIC OIL AND GAS LTD. ("NOG")
    BULLETIN TYPE: Property-Asset or Share Disposition Agreement
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation pursuant to a
Subscription and Royalty Agreement (the "Agreement") between the Company and
various subscribers (the "Purchasers"). As per the terms of the Agreement, the
Company is offering royalty units at a price f $25,000 per unit. In exchange,
the purchaser will earn a 3% overriding royalty interest on certain of the
Company's oil and gas properties located in the Lloydminster, Alberta area.
    A finder's fee of $27,500 cash was paid to Dalton DuPasquier for
introducing subscribers to the Company.

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

    OROANDES RESOURCE CORP. ("OAR")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 12, 1010:

    Number of Shares:        2,945,000 shares

    Purchase Price:          $0.085 per share

    Warrants:                2,945,000 share purchase warrants to purchase
                             2,945,000 shares

    Warrant Exercise Price:  $0.11 for a five year period

    Number of Placees:       11 placees

    Insider/Pro Group Participation:

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

    Scott LeSage             Y                                   235,000
    Stephanie Weterings      P                                    55,000
    Sean Gallagher           P                                   250,000

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

    RADIANT COMMUNICATIONS CORP. ("RCN")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 7, 2010:

    Number of Shares:        4,200,000 shares

    Purchase Price:          $1.00 per share

    Warrants:                200,000 non-transferable share purchase warrants
                             to purchase 200,000 shares

    Warrant Exercise Price:  $1.20 for a three year period

    Number of Placees:       3 placees

    Insider/Pro Group Participation:

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

    Pender Growth Fund
     (VCC) Inc.              Y                                 2,650,000
    Maxam Opportunities
     Fund Limited
     Partnership
     (Johnny Ciampi &
     Sean Morrison)          Y                                 1,103,445
    Maxam Opportunities
     Fund (International)
     Limited Partnership
     (Johnny Ciampi &
     Sean Morrison)          Y                                   446,555

    Finder's Fee:            $31,000 payable to PI Financial Corp.

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

    RIO ALTO MINING LIMITED ("RIO")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced May 20, 2010 and May 28, 2010:

    Number of Shares:        11,354,539 shares

    Purchase Price:          CDN$0.75 per share and US$0.72

    Number of Placees:       126 placees

    Insider/Pro Group Participation:

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

    Zeitler Holdings Corp.
     (Klaus Zeitler)         Y                                   100,000
    Roger Peter Norwich      Y                                 1,000,000

    Finder's Fee:            $508,896.96 cash payable to KALLPA Securities
                             Sociedad Agente de Bolsa S.A.

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

    SEMCAN INC. ("STT")
    BULLETIN TYPE: Remain Halted
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 2 Company

    Further to TSX Venture Exchange Bulletin dated May 25, 2010, effective at
12:04 p.m., PST, May 31, 2010 trading in the shares of the Company will remain
halted pending receipt and review of acceptable documentation.

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

    SILVER FIELDS RESOURCES INC. ("SF")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
the first tranche of a Non-Brokered Private Placement announced May 18, 2010:

    Number of Shares:        3,450,000 shares

    Purchase Price:          $0.10 per share

    Warrants:                3,450,000 share purchase warrants to purchase
                             3,450,000 shares

    Warrant Exercise Price:  $0.15 for a one year period
                             $0.20 in the second year

    Number of Placees:       13 placees

    Insider/Pro Group Participation:

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

    Kerry Chow               P                                   600,000
    Roberto Chu              P                                   150,000
    Paul Wan                 P                                    50,000

    Finder's Fee:            PI Financial Corp. receives $32,000 and 320,000
                             non-transferable warrants, each exercisable for
                             one share at a price of $0.15 per share in the
                             first year and at a price of $0.20 per share in
                             the second year.

                             Canaccord Wealth Management receives $2,500 and
                             25,000 non-transferable warrants, each
                             exercisable for one share at a price of $0.15
                             per share in the first year and at a price of
                             $0.20 per share in the second year.

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

    SIMBA ENERGY INC. ("SMB")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 14, 2010 and May 17, 2010:

    Number of Shares:        31,172,357 shares

    Purchase Price:          $0.07 per share

    Warrants:                31,172,357 share purchase warrants to purchase
                             31,172,357 shares

    Warrant Exercise Price:  $0.15 for a two year period

    Number of Placees:       79 placees

    Insider/Pro Group Participation:

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

    Casey Forward            Y                                 1,000,000
    Kelly Klatik             P                                   300,000
    Dana Gilmon              P                                   800,000
    Nick Segounis            P                                   200,000
    Robert Dinning           Y                                 1,214,285
    Clive Stockdale          Y                                   200,000
    David Hamilton Smith     P                                   150,000

    Finder's Fee:            Canaccord Genuity Corp. receives $18,499.60 and
                             264,280 non-transferable share purchase
                             warrants, each exercisable for one share at a
                             price of $0.15 per share for a two year period.

                             Global Securities Corp. receives $1,120.00 and
                             16,000 non-transferable share purchase warrants,
                             each exercisable for one share at a price of
                             $0.15 per share for a two year period.

                             Aberdeen Gould Capital Markets Ltd. receives
                             1,240,000 non-transferable share purchase
                             warrants, each exercisable for one share at a
                             price of $0.10 per share for a two year period.

    Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s). The Company must also
issue a news release if the private placement does not close promptly. (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
                       -------------------------------

    SKEENA RESOURCES LIMITED ("SKE")
    BULLETIN TYPE: Shares for Bonuses
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing the Company's proposal to
issue 200,000 bonus shares at a deemed price of $0.05 per shares to Ronald K.
Netolitzky in consideration of a three month, interest-free loan in the amount
of $50,000.

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

    STACCATO GOLD RESOURCES LTD. ("CAT")
    BULLETIN TYPE: Plan of Arrangement
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 2 Company

    Plan of Arrangement:

    TSX Venture Exchange has approved the Company's proposed Plan of
Arrangement under section 288 of the Business Corporations Act (British
Columbia). The Plan of Arrangement was approved by a special resolution passed
by the Company's shareholders at a meeting held on May 21, 2010. The Exchange
has been advised that the Plan of Arrangement and transactions involved
therewith will close and be given effect on June 2, 2010.
    The Plan of Arrangement, which is fully described in the Company's
Information Circular, dated April 20, 2010, effectively involves Timberline
Resources Corporation ('Timberline'), acquiring all of the issued and
outstanding common shares of Staccato Gold Resources Ltd.('Staccato Shares')
as follows:

    -   Staccato shareholders will receive one common share of Timberline in
        exchange for every seven Staccato Shares. In addition, Staccato
        shareholders will receive US$0.0001 for each Staccato Share held;

    -   certain Staccato optionholders will receive Timberline options to
        acquire one Timberline Share in exchange for every seven Staccato
        options; and

    -   Staccato warrantholders will receive a right to receive one
        Timberline warrant in exchange for every seven Staccato warrants.

    Upon completion of the Arrangement, Staccato will be a wholly-owned
subsidiary of Timberline, and the common shares of Timberline will be listed
in substitution for Staccato Gold Resources Ltd. common shares.

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

    TERRAX MINERALS INC. ("TXR")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced May 17, 2010:

    Number of Shares:        3,631,267 shares

    Purchase Price:          $0.30 per share

    Warrants:                1,815,633 share purchase warrants to purchase
                             1,815,633 shares

    Warrant Exercise Price:  $0.40 for a two year period

    Number of Placees:       51 placees

    Insider/Pro Group Participation:

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

    Claudia DiMaio           P                                    83,300
    Michael Irwin            P                                    83,300
    Scott Hunter             P                                   100,000
    Brett Whalen             P                                   670,000
    Laurence Curtis          P                                    80,000
    Dianne Drummond          P                                   165,000
    Brian Butterworth        P                                    30,000
    Tony Frakes              Y                                   100,000
    Paul Reynolds            Y                                   100,000

    Finder's Fee:            $26,040 and 86,800 finder's warrants payable to
                             Mackie Research Capital Corporation.
                             $7,812 and 26,040 finder's warrants payable to
                             Cannacord Genuity Corp.
                             $6,265 and 20,833 finder's warrants payable to
                             Wolverton Securities Ltd.
                             $4,725 and 15,750 finder's warrants payable to
                             PI Financial Corp.
                             $4,200 and 14,000 finder's warrants payable to
                             Haywood Securities Inc.
                             $15,750 and 52,500 finder's warrants payable to
                             Clarus Securities Inc.
                             $3,499 and 11,662 finder's warrants payable to
                             Raymond James Ltd.
                             $5,215 payable to Tydewell Consulting 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). The Company must also
issue a news release if the private placement does not close promptly.

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

    URBAN COMMUNICATIONS INC. ("UBN")
    BULLETIN TYPE: Property-Asset or Share Disposition Agreement
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation relating to the
Agreement of Purchase and Sale dated February 12, 2010 between the Company and
Persona Communications Inc., whereby the Company has agreed to sell all the
issued and outstanding shares of its two wholly-owned operating subsidiaries,
Urban Utility Corp. and Urban Networks Inc. in consideration of $5,800,000 and
a possible contingent payment of up to $1,700,000.

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

    VULCAN MINERALS INC. ("VUL")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 13 and May 4, 2010:

    Number of Shares:        3,839,286 flow-through shares ("FT Shares")
                             2,537,500 Units

                             Each Unit consists of one common share and one
                             half of one common share purchase warrant

    Purchase Price:          $0.70 per FT Share
                             $0.60 per Unit

    Warrants:                1,268,750 share purchase warrants to purchase
                             1,268,750 shares

    Warrant Exercise Price:  $0.80 for up to 18 months from date of issuance.

                             Warrants are subject to an accelerated provision
                             (the "Provision") as outlined in the Company's
                             May 4, 2010 press release

    Number of Placees:       55 placees

    Insider/Pro Group Participation:

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

    D&D Securities Inc.
     (D&D Securities Inc.)   P                                 130,650 Units
    K. Andrew Gustajtis      P                                 166,667 Units
    Industrial Alliance
     Securities Inc.
     (Industrial Alliance
     Securities Inc.)        P                                 130,650 Units
    Jennings Capital Inc.
     (Jennings Capital Inc.) P                                  29,033 Units
    Robert Rose Investments
     Ltd. (Robert F. Rose)   P                                 333,500 Units
    Pinetree Resource
     Partnership
     (Sheldon Inwentash)     Y                               1,000,000 Units
    Sheldon Inwentash        Y                             500,000 FT Shares

    Finder's Fee:            $132,615 cash and 143,478 warrants ("Finders
                             Warrants") payable to D&D Securities Inc.
                             $132,615 cash and 143,478 Finders Warrants
                             payable to Industrial Alliance Securities Inc.
                             $29,470 cash and 31,884 Finders Warrants payable
                             to Jennings Capital Inc.

                             Each Finders Warrant is exercisable for one
                             common share at a price of $0.80 per share for
                             up to 18 months from date of issuance and are
                             also subject to the Provision.

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

    WAYMAR RESOURCES LTD. ("WYM")
    BULLETIN TYPE: Property-Asset or Share Purchase Agreement
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for expedited filing documentation of a
Letter of Intent dated February 17, 2010 between the Issuer and Exman Ltda.,
Continental Gold Inc., Julian Betancur, Arelis de Mejia O., Eucardo Meija R.,
and Robert Shaw (collectively, the "Optionors") whereby the Issuer may acquire
a 100% interest in the property known as the Anza project located in Columbia.
    The total consideration payable to the Optionors is US$3,750,000 cash, the
issuance of a total of 3,500,000 common shares of the Company and property
exploration expenditures in the amount of US$4,000,000 all payable in stages
over a three year period.
    The Optionors will retain a 2% net smelter return royalty, of which
one-half may be purchased for US$1,000,000.

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

    YANGARRA RESOURCES LTD. ("YGR")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: May 31, 2010
    TSX Venture Tier 1 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced May 20, May 25 and May 26, 2010:

    Number of Shares:        3,745,454 flow-through shares ("FT Shares")

    Purchase Price:          $0.55 per FT Share

    Number of Placees:       24 placees

    No Insider/Pro Group Participation.

    Finder's Fee:            $164,800 cash payable to Charlton Capital Corp.
                             (William Charlton)

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

    NEX COMPANIES

    COMPASS PETROLEUM LTD. ("CPO")
    (formerly Sun Red Capital Corporation ("SSQ.H"))
    BULLETIN TYPE: Resume Trading, Qualifying Transaction-Completed/Symbol
    Change, Private Placement Brokered, Name Change, Graduation from NEX to
    TSX Venture, Correction
    BULLETIN DATE: May 31, 2010
    NEX Company

    CORRECTION:

    Further to the TSX Venture Exchange Bulletin dated May 28, the Bulletin
should have read as follows:

    Qualifying Transaction - Completed:

    Pursuant to an arms-length Amalgamation Agreement dated February 26, 2010
and amended March 26, 2010 the Company has acquired all of the issued and
outstanding shares of Compass Petroleum Ltd. ("Compass"). As consideration,
the shareholders of Compass were issued 23,938,294 shares of Sun Red at a
deemed price of $1.50 per share for a total deemed consideration of
$35,907,441. 20,567,909 of the Sun Red shares issued to the former
shareholders of Compass will be subject to a TSX Venture Exchange Tier 1 Value
Security escrow agreement.

    Transfer Agent:          Valiant Trust Company

    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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