TSX Venture Exchange Daily Bulletins

VANCOUVER, Jan. 31, 2012 /CNW/ -

TSX VENTURE COMPANIES:

ALASKA HYDRO CORPORATION ("AKH")
BULLETIN TYPE:  Halt
BULLETIN DATE:  January 31, 2012
TSX Venture Tier 2 Company

Effective at 5:30 a.m. PST, January 31, 2012, 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.

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ALASKA HYDRO CORPORATION ("AKH")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  January 31, 2012
TSX Venture Tier 2 Company

Effective at 7:30 a.m., PST, January 31, 2012, shares of the Company resumed trading, an announcement having been made over Market News Publishing.

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CATHAY FOREST PRODUCTS CORP. ("CFZ")
BULLETIN TYPE:  Delist
BULLETIN DATE:  January 31, 2012
TSX Venture Tier 2 Company

Effective at the close of business, Wednesday, February 1, 2012 the common shares will be delisted from TSX Venture Exchange, trading in the securities of the Company having been suspended for a year.

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DRIVEN CAPITAL CORP. ("DVV")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  January 31, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to the second and final tranche of a Non-Brokered Private Placement announced December 9, 2011, as amended January 30, 2012:

Number of Shares:

5,680,000 shares

Purchase Price:

$0.10 per share

Warrants:

5,680,000 share purchase warrants to purchase 5,680,000 shares

Warrant Exercise Price:

$0.15 for a one year period $0.20 in the second year

Number of Placees:

24 placees

Insider / Pro Group Participation:

Name

Insider=Y / ProGroup=P /

# of Shares

David Lyall

P

1,000,000

Finder's Fee:

$41,800 payable to Canaccord Genuity Corp., with 334,000 warrants exercisable at $0.15 for the first year and $0.20 in the second year.

$10,000 payable to Haywood Securities Inc., with 80,000 warrants exercisable at $0.15 for the first year and $0.20 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.

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EDGE RESOURCES INC. ("EDE")
BULLETIN TYPE:  Halt
BULLETIN DATE:  January 31, 2012
TSX Venture Tier 2 Company

Effective at 10:58 a.m. PST, January 31, 2012, 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.

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EDGEWATER WIRELESS SYSTEMS INC. ("YFI")
[formerly KIK Polymers Inc. ("KPI")]
BULLETIN TYPE:  Name Change
BULLETIN DATE:  January 31, 2012
TSX Venture Tier 2 Company

Pursuant to a special resolution passed by shareholders January 12, 2012, the Company has changed its name as follows.  There is no consolidation of capital.

Effective at the opening, Wednesday, February 1, 2012, the common shares of Edgewater Wireless Systems Inc. will commence trading on TSX Venture Exchange and the common shares of KIK Polymers Inc. will be delisted.  The Company is classified as a 'Wireless communications equipment manufacturing' company.

Capitalization:									Unlimited  93,837,971  1,600,000  0  Unlimited  0	shares with no par value of which shares are issued and outstanding Convertible preferred shares Series 1 of which  shares are issued and outstanding Convertible voting preferred shares Series 2 of which shares are issued and outstanding
Escrow:									35,404,850	common shares
Transfer Agent:									Computershare Investor Services Inc.
Trading Symbol:  CUSIP Number:									YFI  280359100	(new) (new) ISIN: CA2803591007

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FLYING A PETROLEUM LTD. ("FAB")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  January 31, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to the second and final tranche of a Non-Brokered Private Placement announced December 13, 2011:

Number of Shares:

2,970,000 shares

Purchase Price:

$0.05 per share

Warrants:

2,970,000 share purchase warrants to purchase 2,970,000 shares

Warrant Exercise Price:

$0.10 for a one year period

Number of Placees:

15 placees

Insider / Pro Group Participation:

Name

Insider=Y / ProGroup=P /

# of Shares

Nargis Sunderji  Lynette Fahy

P  P

100,000 300,000

Finder's Fees:

$375 payable to Haywood Securities Inc. $1,400 payable to Carol MacDonald

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.

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GOLD RESERVE INC. ("GRZ")
BULLETIN TYPE:  New Listing-Shares
BULLETIN DATE:  January 31, 2012
TSX Venture Tier 2 Company

Effective at the opening, Wednesday, February 1, 2012, the common shares of the Company will commence trading on TSX Venture Exchange.  The Company is classified as a 'Mineral Exploration' company.

The Company is presently trading on the TSX.

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HIGH DESERT GOLD CORPORATION ("HDG")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  January 31, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing an option agreement dated April 4, 2011 made between High Desert Gold Corporation (the "Company") and Beacon Group, a Utah limited partnership, whereby the Company may acquire a 100% interest in the Talisman No. 2 lode claim located in Lincoln County, Nevada.

Total consideration consists of US$252,000 and 200,000 shares payable over a four year period.

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INTERNATIONAL BARRIER TECHNOLOGY INC. ("IBH")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  January 31, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 9, 2011 and January 13, 2012:

Convertible Debenture:						$300,000
Conversion Price:						Convertible into units consisting of one common share and one common share purchase warrant at $0.10 of principal outstanding in year one, at $0.10 in year two.
Maturity date:						5 years from issuance
Warrants:						Each warrant will have a term of two years from the date of issuance of the notes and entitle the holder to purchase one common share.  The warrants are exercisable at the price of $0.10 in the first year of exercise and at $0.10 in the second year of exercise.
Interest rate:						12% per annum, payable in cash annually
Number of Placees:						2 placees
Insider / Pro Group Participation:
Name						Insider=Y / ProGroup=P /			Principal Amount
Michael Huddy  Naramata Resorts Ltd. (Catherine Corcoran)						Y  Y			$150,000 $150,000

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.]

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JITE TECHNOLOGIES INC. ("JTI")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  January 31, 2012
TSX Venture Tier 2 Company

Effective at 6:00 a.m., PST, January 31, 2012, shares of the Company resumed trading, an announcement having been made over Market News Publishing.

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OROCAN RESOURCE CORP. ("OR")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  January 31, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 12, 2011 and amended December 23, 2011:

Number of Shares:						6,000,000 shares
Purchase Price:						$0.25 per share
Warrants:						6,000,000 share purchase warrants to purchase 6,000,000 shares
Warrant Exercise Price:						$0.40 for an eighteen month period.  If the Company's shares trade above a weighted average price of $0.60 per share for any twenty consecutive trading day period, subsequent to four months from closing, the Company may, upon notice to warrantholders, shorten the exercise period to 30 days from the date of notice.
Number of Placees:						52 placees
Insider / Pro Group Participation:
Name						Insider=Y / ProGroup=P				# of Shares
Joanne B. Davidson  Lisa Stefani  Andrew Williams  Ian Kirk  David Elliott  Bryan Henry  Sherman Dahl  Brenda Bromley  Kenneth Bateman  Justin Hayek						P  P  P  P  P  P  P  P  P  P				10,000 100,000 150,000 50,000 200,000 100,000 50,000 100,000 100,000 25,000
Finders' Fees:						$51,887.50 cash and 207,550 finder's warrants with the same terms as the warrants issued pursuant to the private placement payable to Craig Schneider.
						$2,187.50 cash and 8,750 finder's warrants (same terms as above) payable to Zimtu Capital Corp. (a TSX Venture listed company).
						$9,887.50 cash and 39,550 finder's warrants (same terms as above) payable to Dietmar Seibohlz.
						$4,375 cash and 17,500 finder's warrants (same terms as above) payable to Leed Financial Markets Inc.
						$3,500 cash and 14,000 finder's warrants (same terms as above) payable to PI Financial Corp.
						$16,625 cash and 66,500 finder's warrants (same terms as above) payable to Haywood Securities Inc.
						$2,100 cash and 8,400 finder's warrants (same terms as above) payable to Paul Chow.
						$6,125 cash and 24,500 finder's warrants (same terms as above) payable to Innovative Thinking Inc. (Mike Belantis).

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.

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PARAGON MINERALS CORPORATION ("PGR")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE:  January 31, 2012
TSX Venture Tier 2 Company

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

Private Placement:

# of Warrants:  Original Expiry Date of Warrants:  New Expiry Date of Warrants:  Exercise Price of Warrants:

1,428,772 February 17, 2012 August 17, 2013 $0.24

These warrants were issued pursuant to a private placement of 1,428,772 shares with 1,428,772 share purchase warrants attached, which was accepted for filing by the Exchange effective February 16, 2010.

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PETROMAGDALENA ENERGY CORP. ("PMD")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE: January 31, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 4,826,600 shares at $1.25 per share to settle outstanding debt with a non-arms length party, Pacific Rubiales Energy Corp., for US$5,965,074 ($6,033,250, calculated using the Bank of Canada rate at the close of January 19, 2012).

Number of Creditors:

1 Creditor

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

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PORTAL RESOURCES LTD. ("PDO")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  January 31, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Definitive purchase and sale agreement dated October 7, 2011 between Equal Energy Production Partnership (the 'Vendor', the general partner of which is Equal Energy Ltd., an Alberta corporation listed on the New York Stock Exchange and the Toronto Stock Exchange), as vendor, and the Portal Resources Ltd. (the 'Company'), as purchaser, together with a Second Amending Agreement dated December 15, 2011 between the Vendor and the Company and Acknowledgement dated January 30, 2012 between the Vendor and the Company (collectively, the 'Definitive Agreement').

The Company will be acquiring the 'Assets' (as defined in the Definitive Agreement), in the Primate Area, Saskatchewan, which may be summarized as follows:  100% working interest in 19 sections (13,340 acres) of land, two sections (1,280 acres) of gross overriding royalty lands, approximately 25 sections of proprietary 3D seismic and 125 line kilometers of proprietary 2D seismic.  There are 38 wellbores on the property.  Oil is produced to single well batteries (tanks) and natural gas production (non-associated) is tied into approximately 30 kilometers of natural gas pipeline and infrastructure included in the transaction.

In consideration of the transaction the Company will pay the Vendor $8,300,000 in cash.

Further details of the transaction are available in the Company's news releases dated October 13, 2011, December 20, 2011 and January 19, 2012.

											CASH						SHARES						WORK EXPENDITURES
Equal Energy Production Partnership											$8,800,000						0						$0

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PORTAL RESOURCES LTD. ("PDO")
BULLETIN TYPE:  Property-Asset or Share Disposition Agreement
BULLETIN DATE:  January 31, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a Purchase and Sale Agreement to be dated January 31, 2012 (the 'Sale Agreement') between the Portal Resources Ltd. (the 'Company') and Edge Resources Inc. (the 'Purchaser'), a corporation listed on the TSX Venture Exchange.

Pursuant to the Sale Agreement, the Company will be disposing of the 'Assets' (as defined in the Sale Agreement), in the Primate Area, Saskatchewan, which may be summarized as follows: 100% working interest in 19 sections (13,340 acres) of land, two sections (1,280 acres) of gross overriding royalty lands, approximately 25 sections of proprietary 3D seismic and 125 line kilometers of proprietary 2D seismic.  There are 38 wellbores on the property.  Oil is produced to single well batteries (tanks) and natural gas production (non-associated) is tied into approximately 30 kilometers of natural gas pipeline and infrastructure included in the transaction.

In consideration of the transaction the Company will receive from the Purchaser $8,800,000 in cash.

Further details of the transaction are available in the Company's news release dated January 31, 2012.

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ROME RESOURCES LTD. ("RMR")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  January 31, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 19, 2011:

Number of Shares:

600,000 shares

Purchase Price:

$0.15 per share

Warrants:

300,000 share purchase warrants to purchase 300,000 shares

Warrant Exercise Price:

$0.20 for a two year period

Number of Placees:

5 placees

Insider / Pro Group Participation:

Name

Insider=Y / ProGroup=P /

# of Shares

Reinhold Specht

Y

40,000

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.]

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RUSORO MINING LTD. ("RML")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE:  January 31, 2012
TSX Venture Tier 1 Company

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

# of Warrants:  Original Expiry Date of Warrants:  New Expiry Date of Warrants:  Exercise Price of Warrants:

30,000,000 January 10, 2012 January 10, 2013 $0.40

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STRIKE GRAPHITE CORP. ("SRK")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  January 31, 2012
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 January 12, 2012:

Number of Shares:									4,031,000 shares
Purchase Price:									$0.175 per share
Warrants:									2,015,500 share purchase warrants to purchase 2,015,500 shares
Warrant Exercise Price:									$0.25 for a two year period
Number of Placees:									50 placees
Finders' Fees:									Jordan Capital Markets Inc. receives $54,014.63 and 308,655 non-transferable warrants, each exercisable at a price of $0.25 for a two year period.
									Level 3 Capital Management Inc. (Damien Lowry) receives $5,244.75 and 29,970 non-transferable warrants, each exercisable at a price of $0.25 for a two year period.
									Mackie Research Capital Corporation receives $4,228.88 and 24,165 non-transferable warrants, each exercisable at a price of $0.25 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.]

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SULTAN MINERALS INC. ("SUL")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  January 31, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 9, 2012:

Number of Shares:

4,000,000 shares

Purchase Price:

$0.05 per share

Warrants:

4,000,000 share purchase warrants to purchase 4,000,000 shares

Warrant Exercise Price:

$0.10 for a two year period

Number of Placees:

9 placees

Insider / Pro Group Participation:

Name

Insider=Y / ProGroup=P /

# of Shares

Sargent H. Berner  Benjamin Ainsworth  Arthur Troup  Frank A. Lang

Y  Y  Y  Y

200,000 40,000 200,000 1,200,000

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.]

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TORCH RIVER RESOURCES LTD. ("TCR")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  January 31, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 30, 2011 and closed on January 27, 2012:

Number of Securities:						3,100,000 common share units ("Units") Each Unit consists of one common share and one common share purchase warrant
Purchase Price:						$0.05 per Unit
Warrants:						3,100,000 share purchase warrants to purchase 3,100,000 shares
Warrant Exercise Price:						$0.10 for up to 24 months from date of issuance
Number of Placees:						5 placees
Insider / Pro Group Participation:
Name						Insider=Y / ProGroup=P /				# of Units
Pinetree Resource Partnership (Sheldon Inwentash)  William Pfaffenberger  Barry Pearson						Y  Y  Y				1,000,000 Units 800,000 Units 200,000 Units

No Finder's Fee.

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