TSX Venture Exchange Daily Bulletins

VANCOUVER, July 29 /CNW/ -

    
    TSX VENTURE COMPANIES:

    ACTIVE GROWTH CAPITAL INC. ("ACK.P")
    BULLETIN TYPE: Notice - QT Not Completed - Approaching 24 Months of
    Listing
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 2 Company

    The shares of the Company were listed on TSX Venture Exchange on August
29, 2008. The Company, which is classified as a Capital Pool Company ('CPC'),
is required to complete a Qualifying Transaction ('QT') within 24 months of
its date of listing, in accordance with Exchange Policy 2.4.
    The records of the Exchange indicate that the Company has not yet
completed a QT. If the Company fails to complete a QT by its 24-month
anniversary date of August 30, 2010, the Company's trading status may be
changed to a halt or suspension without further notice, in accordance with
Exchange Policy 2.4, Section 14.6.

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

    AFRICA OIL CORP. ("AOI")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 2 Company

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

    Number of Shares:        25,000,000 shares

    Purchase Price:          $1.00 per share

    Number of Placees:       116 placees

    Insider/Pro Group Participation:

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

    Mark Hollman             P                                    10,000
    David Elliott            P                                    50,000
    Zebra Holdings and
     Investments Sarl
     (Carey Trustees for
     The Alumbrera Trust
     - a Lundin Family
     Trust)                  Y                                 2,500,000

    Finders' Fees:           Trimark Trading (Ibrahim Abdulla) - $50,000
                             E. Ohman J; or Fondkommission AB - $300,000
                             Peninsula Merchant Syndications Corp. (Sam
                             Magid) - 328,947 shares
                             Middlemarch Partners Ltd. - $25,000
                             Tollcross Securities Inc. - $5,000
                             PI Financial corp. - $6,500
                             KBH Capital Corp. (Marin Katusa/Chan Sheng Hung)
                             - $22,500
                             GMP Securities Inc. - $125,000
                             Gasland Investment S.A. (Alex Poisson) - $15,000
                             Global Resource Investments Ltd. (Arthur Richard
                             Rule) - 119,934 shares

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

    CHALLENGER DEVELOPMENT CORP. ("CDQ")
    BULLETIN TYPE: Resume Trading
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 2 Company

    Effective at the opening, July 29, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.

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

    COBALT COAL CORP. ("CBT")
    BULLETIN TYPE: Private Placement-Brokered
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced May 31 and July 7, 2010:

    Number of Shares:        1,495,000 Units
                             (Each Unit consists of one common share and one
                             share purchase warrant.)

    Purchase Price:          $0.17 per Unit

    Warrants:                1,495,000 share purchase warrants to purchase
                             1,495,000 shares

    Warrant Exercise Price:  $0.25 for a period of 24 months from the date of
                             issuance

    Number of Placees:       22 placees

    No Insider/Pro Group Participation

    Agent's Fee:             $19,061.25 and 112,125 Agent's Warrants payable
                             to Northern Securities Inc.

                             Each Agent's Warrant is exercisable for one Unit
                             at a price of $0.17 for a period of 24 months
                             from the closing date.

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

    CRESTON MOLY CORP. ("CMS")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 1 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced July 6, 2010 and July 28, 2010:

    Number of Shares:        20,485,000 shares

    Purchase Price:          $0.18 per share

    Number of Placees:       17 placees

    Insider/Pro Group Participation:

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

    Ritch Hall               Y                                   135,000
    John Robins              Y                                   262,000
    Michael Gunning          Y                                    30,000
    Wayne Johnstone          Y                                   100,000
    Colin K. Benner          Y                                   270,000
    D. Bruce McLeod          Y                                   270,000
    Dave Visagie             Y                                    30,000
    Eric Savics              P                                   500,000
    Marna Disbrow            P                                   275,000
    Robert Disbrow           P                                   275,000
    Alison Lam               P                                    50,000
    Exploration Capital
     Partners (The Rule
     Family Trust)           Y                                 1,700,000
    Richard Cohen            P                                   100,000

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

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

    EVERTON RESOURCES INC. ("EVR")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 2 Company

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

    Number of Shares:        1,100,000 common shares

    Purchase Price:          $0.25 per common share

    Warrants:                550,000 warrants to purchase 550,000 common
                             shares

    Warrant Exercise Price:  $0.40 until June 28, 2012

    Number of Placees:       2 placees

    Insider/Pro Group Participation:

                             Insider equals Y/
    Name                     Pro Group equals P         Number of Shares

    Hugh Brooke Macdonald    Y                                   100,000

    The Company has confirmed the closing of the above-mentioned Private
Placement pursuant to a news release.

    RESSOURCES EVERTON INC. ("EVR")
    TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
    DATE DU BULLETIN : Le 29 juillet 2010
    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 29 juin
2010 :

    Nombre d'actions :          1 100 000 actions ordinaires

    Prix :                      0,25 $ par action ordinaire

    Bons de souscription :      550 000 bons de souscription permettant de
                                souscrire à 550 000 actions ordinaires

    Prix d'exercice des bons :  0,40 $ jusqu'au 28 juin 2012

    Nombre de souscripteurs :   2 souscripteurs

                                Initié égale Y/
    Nom                         Groupe Pro égale P         Nombre d'actions

    Hugh Brooke Macdonald       Y                                   100 000

    La société a confirmé la clôture du placement privé précité en vertu d'un
communiqué de presse.

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

    FIRESTEEL RESOURCES INC. ("FTR")
    BULLETIN TYPE: Shares for Debt
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing the Company's proposal to
issue 562,500 shares at a deemed price of $0.08 per share to settle
outstanding debt for $45,000.

    Number of Creditors:     1 Creditor

    The Company announced the settlement in its news release dated July 22,
2010.

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

    FIRST BAUXITE CORPORATION ("FBX")
    BULLETIN TYPE: Halt
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 2 Company

    Effective at 9:35 a.m. PST, July 29, 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
                       --------------------------------

    FIRST BAUXITE CORPORATION ("FBX")
    BULLETIN TYPE: Resume Trading
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 2 Company

    Effective at 11:45 a.m., PST, July 29, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.

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

    GOGOLD RESOURCES INC. ("GGD")
    (formerly Gogold Resources inc. ("GGD.P"))
    BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Resume
    Trading, Private Placement-Non-Brokered
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 2 Company

    Qualifying Transaction:

    TSX Venture Exchange has accepted for filing the Company's Qualifying
Transaction ("QT") described in its Filing Statement dated July 9, 2010. As a
result, at the opening Friday, July 30, 2010, the Company will no longer be
considered as a Capital Pool Company.
    The QT consists of the acquisition of the Rambler Property in
Newfoundland; Canada from Celtic Minerals Ltd. ("Celtic"), for a total deemed
consideration of up to $222,500, as follows:

    1.  The issuance of 250,000 common shares to Celtic at a deemed issue
        price of $0.27 per common share (deemed value of $67,500);

    2.  The payment of $130,000 in cash (of which $25,000 has been paid as a
        non-refundable deposit); and

    3.  The reimbursement of up to $25,000 in cash for costs incurred by the
        vendor.

    Celtic will retain a 2% NSR. GoGold may at any time purchase one-half of
the NSR for $1,000,000.
    The Company is classified as a "Gold and Silver Ore Mining" Issuer (NAICS
Number: 21222).
    For further information, please refer to the Filing Statement dated July
9, 2010, available on SEDAR.

    Resume Trading:

    Further to TSX Venture Exchange's Bulletin dated March 8, 2010, trading in
the securities of the Resulting Issuer will resume at the opening Friday, July
30, 2010.

    Private Placement-Non-Brokered:

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

    Number of Shares:        1,666,665 Flow-Through Common Shares

    Purchase Price:          $0.30 per share

    Number of Placees:       7 placees

    Insider/Pro Group Participation:

                             Insider equals Y/
    Name                     Pro Group equals P            Number of Shares

    Phillip Gaunce           Y                                      100,000
    George Waye              Y                                      100,000
    Terence Coughlan         Y                                       33,333
    Birchpoint Holdings
     Inc. (Daniel Davies
     Whittaker)              Y                                      100,000

    Finder:                  First Canadian Securities (a division of Limited
                             Market Dealer Inc.)

    Finder's Fee:            Warrants to purchase 41,666 common shares at an
                             exercise price of $0.30 per share until July 23,
                             2012.

    The Company has confirmed the completion of the Private Placement pursuant
to a news release dated July 27, 2010.

    Capitalization:          Unlimited number of common shares with no par
                                       value of which
                            16,916,665 common shares will be issued and
                                       outstanding.
    Escrow:                 10,000,000 common shares of which 1,000,000
                                       common shares are released at the date
                                       of this bulletin.

    Transfer Agent:          Computershare Investor Services Inc. - Halifax &
                             Toronto
    Trading Symbol:          GGD         (same but ".P" removed)
    CUSIP Number:            38045Y 10 2 (unchanged)

    Company Contact:         Mr. Daniel Whittaker, Director
    Company Address:         1969 Upper Water Street
                             Suite 2108
                             Halifax, NS  B3J 3R7

    Company Phone Number:    (902) 446-2000
    Company Fax Number:      (902) 446-2001
    E-mail Address:          dan@gogoldresources.com

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

    GOWEST AMALGAMATED RESOURCES LTD. ("GWA")
    BULLETIN TYPE: Property-Asset or Share Purchase Agreement
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation pursuant to an
Acquisition Agreement (the "Agreement") dated July 13, 2010 between the
Company and Thomas Trevor Dowe and Thomas Melvin Dowe (the "Vendors"). As per
the terms of the Agreement the Company will acquire mining properties in Tully
Township adjacent to the Company 100% owned Frankfield Project. In
consideration the Company will pay $16,000 cash and issue 70,000 to the
Vendor's at a price of $0.20 per share. In addition, the Vendors will be
granted a sliding scale net smelter return ("NSR") in respect of gold
production from the mining property equal to 0.5% at gold prices less than
US$950 per ounce and 0.75% at gold prices equal to or greater than US$950 per
ounce.

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

    INTERTAINMENT MEDIA INC. ("INT")
    BULLETIN TYPE: Halt
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 2 Company

    Effective at the opening, July 29, 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
                       --------------------------------

    INTERTAINMENT MEDIA INC. ("INT")
    BULLETIN TYPE: Resume Trading
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 2 Company

    Effective at 9:00 a.m., PST, July 29, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.

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

    KAMINAK GOLD CORPORATION ("KAM")
    BULLETIN TYPE: Private Placement-Brokered
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 2 Company

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

    Number of Shares:        5,335,000 non-flow through shares
                             3,824,300 flow through shares

    Purchase Price:          $1.50 per non-flow through share
                             $1.70 per flow through share

    Number of Placees:       19 placees

    Agents' Fees:            Canaccord Genuity Corp. receives $391,602.87
                             cash and 247,301 non-transferable broker
                             warrants, where each warrant is exercisable for
                             one share at a price of $1.62 per share for a
                             24 month period.

                             Mackie Research Capital Corporation receives
                             $391,602.87 cash and 247,301 non-transferable
                             broker warrants, where each warrant is
                             exercisable for one share at a price of $1.62
                             per share for a 24 month period.

                             Fraser Mackenzie Limited receives $87,022.86
                             cash and 54,955 non-transferable broker
                             warrants, where each warrant is exercisable for
                             one share at a price of $1.62 per share for a
                             24 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
                       --------------------------------

    LIONS GATE METALS INC. ("LGM")
    BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Amendment
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 1 Company

    Further to TSX Venture Exchange Bulletin dated July 28, 2010, the
following information regarding the net smelter return with respect to the
Poplar South claims acquired from Pattie Walker is amended as follows:

    In addition, there is a 1% net smelter return relating to the acquisition.
The Company may at any time purchase the 1% net smelter return for $100,000
(less any net smelter return payments previously made) in order to eliminate
the net smelter return.

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

    LIONS GATE METALS INC. ("LGM")
    BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Amendment
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 1 Company

    Further to TSX Venture Exchange Bulletin dated July 28, 2010, the
following information regarding the net smelter return with respect to the
Poplar Lake claims acquired from John Bot is amended as follows:

    In addition, there is a 1% net smelter return relating to the acquisition.
The Company may at any time purchase the 1% net smelter return for $1,000,000
(less any net smelter return payments previously made) in order to eliminate
the net smelter return.

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

    MANITOK ENERGY INC. ("MEI")
    (formerly Desco Resources Inc. ("DSR.P"))
    BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Correction
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 1 Company

    Regarding the Company's bulletin dated July 28, 2010 the deemed price for
the 14,105,461 shares issued to the former shareholders of Manitok Exploration
Inc. should be $1.53 and not $1.33.

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

    MEDALLION RESOURCES LTD. ("MDL")
    BULLETIN TYPE: Property-Asset or Share Purchase Agreement
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing a letter option agreement
dated June 10, 2010 between Medallion Resources Ltd. (the 'Company') and
Polaris Capital Ltd. (Robin Day), whereby the Company will acquire a 100%
interest in six mineral licenses comprising the Red Wine rare earth mineral
property located near Partridge River and Red Wine Lake in the Province of
Newfoundland and Labrador.
    Total consideration consists of $527,160 in cash payments, 1,900,000
shares of the Company, and $525,000 in work expenditures as follows:

                                       CASH     SHARES     WORK EXPENDITURES

    Upon Signing                     $2,160          0                    $0
    Upon Exchange approval or
     election to proceed with
     option                         $25,000    200,000                    $0
    By Oct. 31, 2010                     $0          0              $125,000
    One year after approval         $50,000    250,000               $50,000
    Two years after approval       $100,000    250,000               $50,000
    Three years after approval     $100,000    350,000              $100,000
    Four years after approval      $100,000    350,000              $100,000
    Five years after approval      $125,000    500,000              $100,000

    In addition, there is a 3% net smelter return relating to the acquisition.
The Company may at any time purchase 1.5% of the net smelter return for
$1,500,000 in order to reduce the total net smelter return to 1.5%.

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

    MICROPLANET TECHNOLOGY CORP. ("MP")
    BULLETIN TYPE: Shares for Debt
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 1 Company

    TSX Venture Exchange has accepted for filing the Company's proposal to
issue shares to settle outstanding debt for $127,046.79.

    Number of Creditors:     12 Creditors

    Insider/Pro Group Participation:

                                                          Deemed
                       Insider equals Y/     Amount        Price      No. of
    Creditor           Progroup equals P      Owing      per Share    Shares

    Brett Ironside
     Family Trust      Y                   $10,413.65      $0.13      80,105
    Brett Ironside     Y                   $22,315.02      $0.13     171,654
    Toni Ironside      Y                    $5,772.13      $0.13      44,401
    Myron Tetreault    Y                    $6,724.25      $0.13      51,725
    Jennifer Ironside  Y                   $10,413.65      $0.13      80,105

    The Company shall issue a news release when the shares are issued and the
debt extinguished.

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

    MILL CITY GOLD CORP. ("MC")
    BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Amendment
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 2 Company

    Further to TSX Venture Exchange Bulletin dated September 23, 2008, and
pursuant to joint venture and option agreement dated September 2, 2008 between
Mill City Gold Corp. (the 'Company'), Temex Resources Corp., a TSX Venture
listed company, ('Temex') and Rainy Mountain Royalty Corp. (formerly East West
Resource Corporation), a TSX Venture listed company, ('Rainy Mountain'), the
Company has elected to extend the time for completion of work commitments of
$1,500,000 on the property from September 2, 2010 to September 2, 2011 and
further work commitments of an additional $2,000,000 by September 2, 2011 to
September 2, 2012. In consideration of these extensions, the Company will
issue 125,000 shares to Temex and 125,000 shares to Rainy Mountain. All other
terms remain unchanged.

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

    NORTHERN LIGHTS ACQUISITION CORP. ("NLC.P")
    BULLETIN TYPE: Resume Trading
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 2 Company

    Effective at opening Friday, July 30, 2010, the shares of the Company will
resume trading, an announcement having been on July 28, 2010.

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

    RING OF FIRE RESOURCES INC. ("ROF")
    (formerly Hawk Uranium Inc. ("HUI"))
    BULLETIN TYPE: Name Change
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 2 Company

    Pursuant to a resolution passed by shareholders July 13, 2010, the Company
has changed its name as follows. There is no consolidation of capital.
    Effective at the opening Friday, July 30, 2010, the common shares of Ring
of Fire Resources Inc. will commence trading on TSX Venture Exchange, and the
common shares of Hawk Uranium Inc. will be delisted. The Company is classified
as a 'Mineral Exploration/Development' company.

    Capitalization:          Unlimited shares with no par value of which
                            63,829,475 shares are issued and outstanding
    Escrow:                        nil shares

    Transfer Agent:          Equity Transfer & Trust Company
    Trading Symbol:          ROF         (new)
    CUSIP Number:            76680U 10 0 (new)

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

    RJK EXPLORATIONS LTD. ("RJX.A")
    BULLETIN TYPE: Remain Halted
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 2 Company

    Further to TSX Venture Exchange Bulletin dated July 8, 2010, effective,
July 29, 2010 trading in the shares of the Company will remain halted pending
receipt and review of acceptable documentation by the Exchange.

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

    SONA RESOURCES CORP. ("SYS")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 1 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced July 15, 2010:

    Number of Shares:        2,228,200 shares

    Purchase Price:          $0.55 per share

    Warrants:                2,228,200 share purchase warrants to purchase
                             2,228,200 shares

    Warrant Exercise Price:  $0.75 for a one year period
                             $0.90 in the second year

    Number of Placees:       4 placees

    Insider/Pro Group Participation:

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

    Banque Pasche
     (Liechtenstein) SA
     (Antares Diversified
     Fund (SPC) Inc.)        Y                                 2,000,000

    Finder's fee:            $1,240.80 and 2,256 finder's warrants payable to
                             Robert McCammon

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

    WHITECAP RESOURCES INC. ("WCP")("WCP.R")
    BULLETIN TYPE: Prospectus-Share Offering, New Listing- Receipts
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 1 Company

    Effective July 23, 2010, the Company's Prospectus dated July 23, 2010 was
filed with and final receipted by the Alberta and Ontario Securities
Commissions on July 23, 2010. The prospectus has also been filed under
Multilateral Instrument 11-102 Passport System in the British Columbia,
Saskatchewan and Manitoba Securities Commissions have issued a receipt for the
prospectus. A receipt for the prospectus is deemed to be issued by the
regulator in each of those jurisdictions, if the conditions of the instrument
have been satisfied. The Exchange has now been advised that the Offering will
close on July 30, 2010.
    TSX Venture Exchange has been advised that the closing will occur on July
30, 2010, for gross proceeds of $40,050,000.

    Agents:                  GMP Securities L.P.
                             National Bank Financial Inc.
                             Cormark Securities Inc.
                             FirstEnergy Capital Corp.
                             Haywood Securities Inc.
                             Macquarie Capital Markets Canada Ltd.
                             Casimir Capital L.P.
                             Mackie Research Capital Corporation

    Offering:                89,000,000 subscription receipts ("Receipts").

                             Receipts will be listed on the Exchange for
                             trading. Each Receipt is converted into one
                             common share upon closing of the acquisition of
                             all the issued and outstanding shares of Onyx
                             2006 Inc. (the "Acquisition").

    Security Price:          $0.45 per Receipt.

    Agents' Commission:      5% of the gross proceeds of the Offering.

    Greenshoe Option:        The Agent may over-allot the shares in
                             connection with this offering and the Company
                             has granted to the Agent, an option to purchase
                             11,000,000 additional Receipts, at $4,950,000
                             gross, up to the close of business August 29,
                             2010. The over-allotment option may be for
                             11,000,000 common shares if the Acquisition
                             occurs before the over-allotment option is
                             exercised.

    Effective at the opening Friday, July 30, 2010, the Receipts of the
Company will commence trading on TSX Venture Exchange. The Company is
classified as an 'Oil and Gas Exploration' company.

    Corporate Jurisdiction:  Business Corporations Act (AB)

    Capitalization:          100,000,000 Receipts authorized
                              89,000,000 Receipts issued and outstanding
    Escrow:                          N/A

    Transfer Agent:          Olympia Trust
    Receipt Trading Symbol:  WCP.R       (new)
    Receipt CUSIP Number:    96467A 11 9 (new)

    Sponsoring Member:       GMP Securities L.P.

    For further information, please refer to the Company's Short Form
Prospectus dated July 23, 2010.

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

    WHITECAP RESOURCES INC. ("WCP")
    BULLETIN TYPE: Property-Asset or Share Purchase Agreement
    BULLETIN DATE: July 29, 2010
    TSX Venture Tier 1 Company

    TSX Venture Exchange has accepted for filing documentation pursuant to the
Share Purchase Agreement (the "Arrangement") between the Company and Onyx 2006
Inc. ("Onyx") whereby the Company will acquire all the issued and outstanding
shares of Onyx. In consideration, the Company will pay an aggregate of $41.2
million and assume Onyx's net debt of $10.8 million.

    No Insider/Pro Group Participation.

    This transaction was disclosed in the Company's press release dated July
12, 2010.

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

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


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890