CNSX Bulletin - New Listing - Silver Phoenix Resources Inc. (SP)

    TORONTO, April 7 /CNW/ - The common shares of Silver Phoenix Resources
Inc. have been approved for listing on CNSX. Following the qualification of
the Company's common shares and exercise of 4,459,520 special warrants, there
are approximately 6.8 million shares outstanding with a public float of
approximately 2.7 million shares. The special warrants were issued at a price
of $0.25 per warrant.
    Silver Phoenix's business is to explore and develop natural resource
properties. The Company currently holds three properties:(a) the "River Jordan
Property"; (b) the "Big Showing Property"; and (c) the Waverly Tangier
Property, all of which are located in east central British Columbia. The
Company's business objectives are to complete Phase 1 of the recommended
exploration program on the River Jordan Property and then further compile that
information in an effort to further define the mineralization potential, in
particular, the silver, lead and zinc mineralization on the River Jordan
    Listing and disclosure documents for Silver Phoenix Resources will be
available in the CNSX Listings Disclosure Hall

    Trading Date: Wednesday, April 8, 2009
    Symbol: SP
    CUSIP: 828079 10 3
    ISIN: CA 828079 10 3 6

    Applications are being accepted for Market Makers for "SP".

For further information:

For further information: If you have any questions or require further
information please contact Radhika at (416) 572-2000 X 2435 or E-mail:

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