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TSX Venture Exchange Daily Bulletins


News provided by

TSX Venture Exchange

Mar 16, 2012, 16:30 ET

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VANCOUVER, March 16, 2012 /CNW/ -

TSX VENTURE COMPANIES:

BLACKBIRD ENERGY INC. ("BBI")
BULLETIN TYPE:  Private Placement--Brokered, Non-Brokered
BULLETIN DATE:  March 16, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Brokered and Non-Brokered Private Placement announced February 23, 2012:

Number of Shares:            12,999,750 shares (of which 9,587,500 are flow-through)          
                       
Purchase Price:            $0.16 per share          
                       
Warrants:            8,206,000 share purchase warrants to purchase 8,206,000 shares          
                       
Warrant Exercise Price:            $0.24 for a 2 year period          
                       
Number of Placees:            31 placees          
                       
Insider / Pro Group Participation:                      
                       

Name 
          Insider=Y /
ProGroup=P /  
       
# of Shares
Michael Sweatman 
Adam Vorberg 
          Y 
P 
        50,000 nf/t
1,195,000 nf/t
                       
Finders' Fees:            PI Financial Corp. - $119,120 and 692,313 Agent's Warrants that are exercisable into common
shares at $0.24 per share for a two year period.
         
                       
            Canaccord Genuity Corp. - 17,813 Agent's Warrants that are exercisable into common shares
at $0.24 per share for a two year period.
         
                       
            BMO Nesbitt Burns - 3,125 Agent's Warrants that are exercisable into common shares at $0.24
per share for a two year period.
         
                       
            Raymond James - 31,250 Agent's Warrants that are exercisable into common shares at $0.24
per share for a two year period.
         
                       
            Jordan Capital Markets Inc. - $35,532.80 and 222,080 Finder's Warrants that are exercisable
into common shares at $0.24 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.]

________________________________________

BRITANNICA RESOURCES CORP. ("BRR")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  March 16, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a Property Agreement dated March 9, 2012 between Britannica Resources Corp. (the "Company") and GD Solutions Miniẻres Inc. ("GD", Michel David), whereby the Company has agreed to acquire a 100% interest in 19 mining claims located in the Tavernier Township and the Currie Township in North-Western Quebec.  In consideration, the Company will issue 600,000 common shares to GD.

________________________________________

CANADA RARE EARTHS INC. ("CJC")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  March 16, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing three Option Agreements:

La Loutre Graphite Property

Option Agreement dated February 20, 2012 between Canada Rare Earths Inc. (the "Company") and Michel Robert, Jean-Sebastien Lavallee and Jean Raymond Lavellee (collectively the "Vendors"), whereby the Company has an option to acquire a 100% interest in 42 mining claims located in southern Quebec referred to as the La Loutre Graphite Properties.  In consideration, the Company will pay $75,000 in cash ($60,000 in the first year) and issue 2,000,000 shares (1,500,000 shares in the first year) to the Vendors over 2 years.  The exploration expenditures in the first year are in the amount of $100,000.  The Vendors retains a 1.5% NSR and the Company has the right to buy back 1/3 of the NSR for $500,000.

Labelle Graphite Property

Option Agreement dated February 20, 2012 between the Company and Michel Robert, Jean-Sebastien Lavallee and Jean Raymond Lavellee (collectively the "Vendors"), whereby the Company has an option to acquire a 100% interest in 12 mining claims located in southern Quebec referred to as the Labelle Graphite Property.  In consideration, the Company will pay $45,000 in cash and issue 500,000 shares to the Vendors in Year 1.  The exploration expenditures in the first year are in the amount of $50,000.  The Vendors retains a 1.5% NSR and the Company has the right to buy back 1/3 of the NSR for $500,000.

Lac Des Isles West Property

Option Agreement dated February 22, 2012 between the Company and Alain Moreau (the "Vendor"), whereby the Company has an option to acquire a 100% interest in 97 mining claims located in Quebec referred to as the Lac Des Isles West Property.  In consideration, the Company will pay $12,500 in cash and issue 500,000 shares to the Vendor in Year 1.  Any additional share issuance is subject to the Exchange approval.

________________________________________

CANADIAN INTERNATIONAL MINERALS INC. ("CIN")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  March 16, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing an Option Agreement dated March 1, 2012 between Canadian International Minerals Inc. (the "Company") and John Ternowesky and David O. Walsten (collectively the "Optionors"), whereby the Company has an option to acquire 51 mineral claims consisting of 549 units in Thunder Bay Mining Division, Ontario (the "Property").  In consideration, the Company will pay $480,000 in cash ($100,000 in the first year) over a four-year period, issue a total of 3,700,000 shares (2,200,000 shares in the first year) over two years and incur a total of $2,500,000 exploration expenditures ($250,000 in the first year) during a five-year period.  The Property is subject to a 3% NSR in favour of the Optionors, 1% of which can be purchased by the Company for $1,000,000.

________________________________________

CARRUS CAPITAL CORPORATION ("CHQ")
BULLETIN TYPE:  Declaration of Dividend
BULLETIN DATE:  March 16, 2012
TSX Venture Tier 2 Company

The Issuer has declared the following dividend:

Dividend per Share: 
Payable Date: 
Record Date: 
Ex-Dividend Date: 
                                        0.296 common share of Solutions4C02 Inc.
March 30, 2012
March 27, 2012
March 23, 2012

________________________________________

CAVAN VENTURES INC. ("CVN")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  March 16, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 13, 2012:

First Tranche:

Number of Shares:            7,450,000 shares        
                     
Purchase Price:            $0.05 per share        
                     
Warrants:            7,450,000 share purchase warrants to purchase 7,450,000 shares        
                     
Warrant Exercise Price:            $0.10 for a two year period        
                     
Number of Placees:            25 placees        
                     
Insider / Pro Group Participation:                    
                     

Name 
          Insider=Y /
ProGroup=P /  
     
# of Shares
Kerry Chow 
Jacqueline Chow 
Roberto Chu 
          P 
P 
P 
      800,000
200,000
400,000
                     
Finders' Fees: 
          $12,000 cash and 240,000 warrants payable to Canaccord Genuity Corp.
$22,500 cash and 450,000 warrants payable to Haywood Securities Inc.
     
            - Finder's fee warrants are exercisable at $0.10 per share for an eighteen-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.  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.

________________________________________

CHAMPLAIN RESOURCES INC. ("CPL")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  March 16, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 13, 2011:

Number of Shares:                  1,350,000 shares
                   
Purchase Price:                  $0.05 per share
                   
Warrants:                  1,350,000 share purchase warrants to purchase 1,350,000 Flow-through common shares
                   
Warrant Exercise Price:                  $0.15 for a one year period, subject to an acceleration clause
                   
Number of Placees:                  4 placees

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.]

________________________________________

CLEARFORD INDUSTRIES INC. ("CLI")
BULLETIN TYPE:  Shares for Bonuses
BULLETIN DATE:  March 16, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange (the "Exchange") has accepted for filing the Company's proposed documentation pertaining to a revolving credit facility (the "Loan") between Clearford Industries Inc. (the "Company") and Mundaun Financial Design AG (the "Lender").  The Lender will provide a Loan of up to $5,500,000 (the "Loan") that bears interest at a rate of 11% per annum.  The Loan matures March 15, 2032.

Additionally, the Exchange has accepted for filing a bonus of 10,000,000 warrants to be issued to the Lender in connection with the Loan. Each warrant is exercisable into one common share at $0.20 per share for a three year period.  The Company will also pay a finder's fee of 10% for the amounts of the loan advanced to Canadian Water Projects Inc.

________________________________________

GLASS EARTH GOLD LIMITED ("GEL")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  March 16, 2012
TSX Venture Tier 2 Company

Dunstan Agreement:

TSX Venture Exchange has accepted for expedited filing documentation of an Agreement for Sale and Purchase of Shares dated March 15, 2012 between Glass Earth (New Zealand) Limited ("Glass Earth NZ", a wholly owned subsidiary of the Company) and Robert Kilgour, Esme Kilgour and Kilgour Kane Limited (collectively, the Vendor") whereby the Company may acquire 50% of the shares of Dunstan Mining Limited ("Dunstan"). Dunstan is the alluvial mining operator of the Dunstan property located in New Zealand. The consideration payable to the Vendor is cash payments totaling NZ$900,000 (CDN$738,630) payable over a three-year period.

Goldmines Agreement:

TSX Venture Exchange has accepted for expedited filing documentation of an Agreement for Sale and Purchase of Shares dated March 15, 2012 between Glass Earth (New Zealand) Limited ("Glass Earth NZ", a wholly owned subsidiary of the Company) and Kilgour Kane Limited and Robert Kilgour (as guarantor) (collectively, the Vendor") whereby the Company may acquire 100% of the shares of Goldmines New Zealand Limited ("Goldmines"). Goldmines is the joint venture partner in the alluvial mining project, located in Otago, New Zealand. The consideration payable to the Vendor is cash payments totaling NZ$3,095,000 (CDN$2,540,066) and the issuance of 2,188,184 common shares of the Company payable over a three-year period.

________________________________________

GREATER CHINA CAPITAL INC. ("GCA.P")
BULLETIN TYPE:  Halt
BULLETIN DATE:  March 16, 2012
TSX Venture Tier 2 Company

Effective at 4:53 a.m. PST, March 16, 2012, trading in the shares of the Company was halted at the request of the Company, pending news.  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.

________________________________________

GREATER CHINA CAPITAL INC. ("GCA.P")
BULLETIN TYPE:  Remain Halted
BULLETIN DATE:  March 16, 2012
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated March 16, 2012, effective 6:09 a.m., March 16, 2012, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Qualifying Transaction pursuant to TSXV Policy 2.4This 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.

________________________________________

GREAT WESTERN MINERALS GROUP LTD. ("GWG")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  March 16, 2012
TSX Venture Tier 2 Company

Effective at 7:30 a.m., PST, March 16, 2012, shares of the Company resumed trading, an announcement having been made.

________________________________________

GTA RESOURCES AND MINING INC. ("GTA")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  March 16, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 17, 2012 and February 21, 2012:

Number of Shares: 
          (i) 3,508,331 common shares
(ii) 2,305,167 flow-through shares
     
                     
Purchase Price: 
          (i) $0.90 per common share
(ii) $1.20 per flow-through share
     
                     
Warrants:            (i) 1,754,166 share purchase warrants to purchase 1,754,166 shares        
                     
Warrant Exercise Price:            (i) $1.25 for an eighteen month period        
                     
Number of Placees:            42 placees        
                     
Insider / Pro Group Participation:                    
                     

Name 
          Insider=Y /
ProGroup=P /  
     
# of Shares
Brian Crawford 
Peter Clause 
Michael Stares 
Clinton Barr 
Robert Duess 
          Y 
Y 
Y 
Y 
Y 
      4,444
47,222
10,000
20,000
40,000
                     
Finder's Fee:            $384,149 and 349,526 broker warrants payable to Laurentian Bank Securities Inc.  Each broker
warrant is exercisable into one common share and one-half of one common share purchase
warrant at a price of $0.90 per broker warrant for an eighteen month period.  Each whole
underlying warrant is exercisable into one common share at a price of $1.25 per common share
for an eighteen month period.

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s).  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.

________________________________________

NEW DESTINY MINING CORP. ("NED")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  March 16, 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 17, 2012, amended January 27, 2012, and further amended March 5, 2012:

Number of Shares:            3,116,333 shares        
                     
Purchase Price:            $0.15 per share        
                     
Warrants:            3,116,333 share purchase warrants to purchase 3,116,333 shares        
                     
Warrant Exercise Price:            $0.25 for a two year period        
                     
Number of Placees:            14 placees        
                     
Insider / Pro Group Participation:                    
                     

Name 
          Insider=Y /
ProGroup=P   
     
# of Shares
Roberto Chu 
Jacqueline Chow 
Kerry Chow 
Bob Rose 
          P 
P 
P 
P 
      150,000
85,000
215,000
333,333
                     
Finders' Fees:            $22,800 cash and 152,000 warrants exercisable at $0.25 for two years payable to Haywood Securities Inc.        
                     
            $1,200 cash and 16,000 warrants (same terms as above) payable to Wolverton Securities Ltd.        
                     
            $2,400 cash and 16,000 warrants (same terms as above) payable to Union Securities Ltd.        
                     
            53,307 units (comprised of one share and one warrant exercisable at $0.25 for two years) and 53,307
warrants (same terms as above) payable to D&D Securities Inc.

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.

________________________________________

PETROSHALE INC. ("PSH")
[formerly ALGONQUIN OIL & GAS LIMITED ("AQX")]
BULLETIN TYPE: Resume Trading, Property-Asset or Share Purchase Agreement, Name Change and Consolidation
BULLETIN DATE:  March 16, 2012
TSX Venture Tier 2 Company

Resume Trading
The common shares of PetroShale Inc., formerly Algonquin Oil & Gas Limited (the "Company") have been halted from trading since November 14, 2011, pending completion of a business combination with Mondak Petroleum Inc. ("Mondak") as detailed below.

Effective at the open Monday, March 19, 2012, trading in the shares of the Company will resume trading.

Name Change and Consolidation
Pursuant to a resolution passed by shareholders December 22, 2011, the Company has consolidated its capital on a 10 old for 1 new basis.  The name of the Company has also been changed to Petroshale Inc.

Effective at the opening Monday, March 19, 2012, the common voting shares of Petroshale Inc. will commence trading on TSX Venture Exchange, and the common shares of Algonquin Oil & Gas Limited will be delisted.  The Company is classified as an 'Oil & Gas Exploration/Development' company.

Post - Consolidation
Capitalization: 


Escrow: 
               
Unlimited 
22,173,552 
6,700,000 
Nil 

shares with no par value of which
common voting shares are issued and outstanding
common non-voting shares are issued and outstanding
Escrowed shares
                     
Transfer Agent:                  Equity Financial Trust Company
Trading Symbol: 
CUSIP Number: 
                PSH 
71676H106 
(new)
(new)

Property-Asset or Share Purchase Agreement
TSX Venture Exchange has accepted for filing documentation pursuant to the arrangement agreement dated November 12, 2011 (the "Agreement") between the Company and Mondak.  Pursuant to the terms of the Agreement, each holder of a Mondak common voting share ("Mondak Voting Share") will receive one common share of the Company and each holder of Mondak class B common non-voting share ("Mondak Nonvoting Share") will receive one common non-voting share of the Company.  As noted above the Company's shares have been consolidation on a 10 old for 1 new basis following the completion of this business combination.

Immediately prior to the completion of the business combination, Mondak completed a private placement for 193,500,000 units ("Units") at a price of $0.15 per Unit.  Each Unit consists of one Mondak Voting Share and one half of one share purchase warrant ("Warrant") with each whole Warrant exercisable for one Mondak Voting Share at a price of $0.25 per share for a period of 18 months from the date of issuance.

Mondak has exercised an option (the "Mondak Option") to earn a 10% non-operated working interest on leases located in Richland County, Montana and McKenzie County, North Dakota (the "Mondak Leases") held by Alameda Energy, Inc. ("Alameda"), an affiliate of Slawson Exploration Company, Inc., a private oil & gas company operating in the U.S.  The Mondak Option allows Mondak to with the option to further acquire a 10% non-operated working interest on leases located in Dawson, Wibaux and Richland Counties of Montana.  In consideration, Mondak paid US$14,919,651 and issued 67,000,000 Mondak Nonvoting Shares and 60,000,000 warrants ("Nonvoting Warrants") with each Nonvoting Warrant exercisable for one  Mondak Nonvoting Share at a price of $0.25 per share for a period of 18 months from the date of issuance.

Insider / Pro Group Participation:                        
                         

Name 
Insider=Y /
ProGroup=P
                   
# of Units
Bruce Chernoff  Y                      11,066,667 (Post-Consolidation)

For further information please refer to the Company's press releases dated November 14, 2011, February 29, 2012 and March 12, 2012.

________________________________________

PRIZE MINING CORPORATION ("PRZ")
BULLETIN TYPE:  Company Tier Reclassification
BULLETIN DATE:  March 16, 2012
TSX Venture Tier 1 Company

In accordance with Policy 2.5, the Company has not maintained the requirements for a Tier 1 company.  Therefore, effective the close of trading, Friday, March 16, 2012, the Company's Tier classification will change from Tier 1 to:

Classification

Tier 2

________________________________________

RAGING RIVER EXPLORATION INC. ("RRX") ("RRX.WT")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  March 16, 2012
TSX Venture Tier 1 Company

Effective at 4:55 a.m., PST, March 16, 2012, shares of the Company resumed trading, an announcement having been made.

________________________________________

RAMBLER METALS AND MINING PLC ("RAB")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  March 16, 2012
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 6, 2012:

Number of Shares:                      10,403,980 shares
                       
Purchase Price:                      $0.44 per share
                       
Number of Placees:                      1 placee

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.

________________________________________

REVOLVER RESOURCES INC. ("RZ")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  March 16, 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 February 21, 2012:

Number of Shares:            4,000,000 non-flow through shares        
                     
Purchase Price:            $0.12 per share        
                     
Warrants:            4,000,000 share purchase warrants to purchase 4,000,000 shares        
                     
Warrant Exercise Price:            $0.15 for a one year period        
                     
Number of Placees:            35 placees        
                     
Insider / Pro Group Participation:                    
                     

Name 
          Insider=Y /
ProGroup=P /  
     
# of Shares
Simon Dyakowski 
David West 
Ash Guglani 
Kerry Chow 
Jacqueline Chow 
Roberto D. Chu 
          P 
P 
P 
P 
P 
P 
      15,000
40,000
65,000
180,000
250,000
200,000
                     
Finders' Fees: 


          Haywood Securities Inc. receives $29,640 and 247,000 non-transferable finder's warrants.
Leede Financial Markets Inc. receives $7,080 and 59,000 non-transferable finder's warrants.
Canaccord Genuity Corp. receives $10,200 and 85,000 non-transferable finder's warrants.
PI Financial Corp. receives $1,080 and 9,000 non-transferable finder's warrants.
     


            - Each finder's warrant is exercisable for one share at a price of $0.20 per share for a one 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.]

________________________________________

SCEPTRE VENTURES INC. ("SVP.P")
BULLETIN TYPE: Notice - QT Not Completed - Approaching 24 Months of Listing
BULLETIN DATE: March 16, 2012
TSX Venture Tier 2 Company

The shares of the Company were listed on the TSX Venture Exchange on April 16, 2010.  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 the 24-month anniversary date of April 16, 2012, the Company's trading status may remain as or be changed to a halt or suspension without further notice, in accordance with Exchange Policy 2.4, Section 14.6.

_______________________________________

STRIKE MINERALS INC. ("STK")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  March 16, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,500,000 common shares at a deemed value of $0.10 per share to settle outstanding debt for $250,000.

Number of Creditors:                          1 Creditor

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

________________________________________

UNITE CAPITAL CORP. ("UNT.P")
BULLETIN TYPE:  New Listing-CPC-Shares
BULLETIN DATE:  March 16, 2012
TSX Venture Tier 2 Company

Reference is made to our bulletin dated March 15, 2012, with respect to the listing of the Company's shares.

We have received confirmation that the closing has occurred.  Therefore, the common shares of the Company which were listed at the close of business yesterday March 15, 2012, commenced trading at the opening of business on Friday, March 16, 2012.

The Company has completed its public offering of securities prior to the opening of market on March 16, 2012.  The gross proceeds received by the Company for the Offering are $202,300 (2,023,000 common shares at $0.10 per share).

WESGOLD MINERALS INC. ("WSG")
BULLETIN TYPE:  Shares for Bonuses
BULLETIN DATE: March 16, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 400,000 bonus shares having a deemed price of $0.75 per share to an arm's length lender in consideration of a non-interest bearing Loan in the amount of US$1,500,000.

________________________________________

XYLITOL CANADA INC. ("XYL")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE:  March 16, 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: 
                                        9,020,000
April 22, 2012
April 22, 2013
$0.40

These warrants were issued pursuant to a private placement of 18,040,000 shares with 9,020,000 share purchase warrants attached, which was accepted for filing by the Exchange effective May 5, 2010.

________________________________________

Market Information Services at 1-888-873-8392, or email: [email protected]

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