TSX Venture Exchange Daily Bulletins

VANCOUVER, May 18, 2012 /CNW/ -

TSX VENTURE COMPANIES

BLACK BIRCH CAPITAL ACQUISITION II CORP. ("BBT.P")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  May 18, 2012
TSX Venture Tier 2 Company

Effective at opening, on Tuesday, May 22, 2012, the common shares of the Company resumed trading, an announcement having been made on May 17, 2012 as to termination of its proposed transaction with Richfield Oils Inc.

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BUCHANS MINERALS CORPORATION ("BMC")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 18, 2012
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 30, 2012:

Number of Units:									15,384,615 units
Purchase Price:									$0.065 per unit
Warrants:									7,692,307 share purchase warrants to purchase 7,692,307 shares
Warrant Exercise Price:									$0.10 for 24 months following the closing
Number of Placees:									1 placee

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CALIBRE MINING CORP. ("CXB")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 18, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 19, 2012:

Number of Shares:

20,000,000 shares

Purchase Price:

$0.25 per share

Warrants:

10,000,000 share purchase warrants to purchase 10,000,000 shares

Warrant Exercise Price:

$0.50 for a one year period

Number of Placees:

1 placee

Insider / Pro Group Participation:

Name

Insider=Y / ProGroup=P /

# of Shares

B2 Gold Corp.

Y

20,000,000

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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DESERT GOLD VENTURES INC. ("DAU")
BULLETIN TYPE: Reverse Takeover-Completed, Private Placement- Brokered
BULLETIN DATE:  May 18, 2012
TSX Venture Tier 2 Company

The TSX Venture Exchange has accepted for filing the Company's Reverse Takeover ('RTO'), which is the acquisition (the "Acquisition") from TransAfrika Resources Cyprus Limited (the "Vendor") of all of the outstanding shares of TransAfrika Belgique S.A. ("TransAfrika"), a private Belgian company which owns interests in three advanced exploration-stage gold deposits in central and western Africa through subsidiaries in Rwanda, Mali and Senegal.  An aggregate of 20,000,000 common shares of Desert Gold were issued to TransAfrika Resources Limited (Mauritius) ("TAR Mauritius"), the parent company of the Vendor and TAR Mauritius' shareholders in exchange for all of the issued and outstanding shares of TransAfrika.  A further 12,000,000 common shares, in the aggregate, are issuable in the event that within a two year period from closing of the Acquisition, the Company publishes an NI 43-101 compliant resource calculation disclosing that the TransAfrika material properties contain at least an additional 1,000,000 ounces of gold or gold equivalent in the inferred mineral resource category.

The Acquisition, approved by shareholders by way of written consents has been completed.  In connection with the RTO, the Company has also completed the following transaction:

Private Placement - Brokered

TSX Venture Exchange has accepted for filing documentation with respect a subscription receipts financing, the securities issued were exchanged into the following securities of the Resulting Issuer:

Number of Shares:						4,949,665 common shares
Purchase Price:						$0.75 per share
Warrants:						2,474,832 share purchase warrants to purchase 2,474,832 shares
Warrant Exercise Price:						$1 until November 30, 2013
Number of Placees:						10 placees
Insider / Pro Group Participation:
Name						Insider=Y / ProGroup=P /				# of Units
TAR Mauritius						Y				2,666,667
Agent's Fee:						MGI Securities Inc. received 6% cash commission and agent's option to acquire 6% of the units sold in the financing at $0.75 per unit until May 31, 2013.

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.

The Company is classified as an 'Exploration/Development' company.

Escrowed:  Escrow Term:									20,304,793  11,750  20,293,043	common shares common shares for 18 months common shares for 36 months
Company Contact:  Company Address:  Company Phone Number:  Company Fax Number:  Company Website:									Roeland van Kerckhoven, President and CEO 1250 West Hastings Street Vancouver, British Columbia, V6E 2M4 [phone] [phone] www.desertgold.ca

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DRUK CAPITAL PARTNERS INC. ("DRU.P")
BULLETIN TYPE:  Remain Halted - Qualifying Transaction
BULLETIN DATE:  May 18, 2012
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated May 10, 2012, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation pursuant to TSXV Policy 2.4 regarding the Qualifying Transaction.

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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ELM TREE MINERALS INC. ("ETM")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 18, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 21, 2012, as amended May 16, 2012:

Number of Shares:						6,553,000 shares
Purchase Price:						$0.10 per share
Warrants:						6,553,000 share purchase warrants to purchase 6,553,000 shares
Warrant Exercise Price:						$0.12 for a three year period, subject to an accelerated expiry
Number of Placees:						46 placees
Insider / Pro Group Participation:
Name						Insider=Y / ProGroup=P /	# of Shares
Abid Mukhtar  Steve Simmons						P  P	50,000 160,000
Finders' Fees:						$3,200 payable to Karim Sayani $800 payable to Jack Singh $1,600 payable to Greg Hoar $2,000 payable to Macquarie Private Wealth Inc., with 20,000 warrants exercisable at $0.12 for three years $3,200 payable to Alex Kuznecov $10,080 payable to Fin-XO Securities Inc., with 100,800 warrants exercisable at $0.12 for three 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.

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FOCUS VENTURES LTD. ("FCV")
BULLETIN TYPE:  Property-Asset or Share Disposition Agreement
BULLETIN DATE:  May 18, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation pertaining to a binding Letter of Intent (the "Agreement") dated April 16, 2012, between Minera Focus S.A.C. ("Focus", a wholly owned subsidiary of Focus Ventures Ltd.) and Compania de Minas Buenaventura S.A.A. ("Buenaventura"), whereby the Company is disposing of its 25% interest and royalty in the Minas Chanca Project, Peru. As consideration, Focus will receive from Buenaventura, US$2,500,000. In addition, Buenaventura will subscribe for 3,750,000 common shares of Focus Ventures Ltd. (the "Company") via Private Placement.

Insider / Pro Group Participation: N/A

For further information, please refer to the Company's news release dated April 17, 2012.

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GITENNES EXPLORATION INC. ("GIT")
BULLETIN TYPE:  Property-Asset or Share Disposition Agreement
BULLETIN DATE:  May 18, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a share sale and mining agreement between Gitennes Exploration Inc. (the "Company" or "Gitennes") and AndeanGold Ltd. ("AndeanGold") pursuant to which AndeanGold the right to acquire an additional 40% interest in the Urumalqui Project. This right is in addition to the existing Option Agreement dated April 21, 2010 (which will remain in effect) that grants AndeanGold an option to earn a 60% interest in the Project.

Terms of the MOU require that AndeanGold will make the following firm and optional payments in order to earn the additional 40% interest in the Urumalqui Project:

Cash Payments												Share Issuances
On Signing the MOU						$125,000						0
On Signing the formal Agreement						$125,000						200,000
On or before 6 months from signing the Agreement						$250,000						200,000
On or before 12 months from signing the Agreement						$350,000						250,000
On or before 18 months from signing the Agreement						$400,000						250,000
On or before 24 months from signing the Agreement						$500,000						500,000
On or before 30 months from signing the Agreement						$1,000,000						600,000
Total						$2,750,000						2,000,000

If AndeanGold chooses to exercise both options then Gitennes will be entitled to a 1% Net Smelter Returns Royalty on the Project with total payments limited to $1,250,000.

Insider / Pro Group Participation:  Not applicable.

For further information please read the Company's news release dated January 23, 2012 available on SEDAR.

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PETROMANAS ENERGY INC. ("PMI.WT.A")
BULLETIN TYPE:  Warrant Expiry-Delist
BULLETIN DATE:  May 18, 2012
TSX Venture Tier 2 Company

Effective at the opening, May 23, 2012, the Share Purchase Warrants of the Company will trade for cash.  The Warrants expire May 28, 2012 and will therefore be delisted at the close of business May 28, 2012.

TRADE DATES

May 23, 2012 - TO SETTLE - May 24, 2012
May 24, 2012 - TO SETTLE - May 25, 2012
May 25, 2012 - TO SETTLE - May 28, 2012
May 28, 2012 - TO SETTLE - May 28, 2012

The above is in compliance with Trading Rule C.2.18 - Expiry Date:
Trading in the warrants shall be for cash for the three trading days preceding the expiry date and also on expiry date. On the expiry date, trading shall cease at 12 o'clock noon E.T. and no transactions shall take place thereafter except with permission of the Exchange.

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PLATINEX INC. ("PTX")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  May 18, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation relating to a purchase and sale agreement (the "Agreement") dated March 30, 2012, between Gary McBride (the "Vendor") and Platinex Inc. (the "Company").  Pursuant to the Agreement, the Company shall acquire one mining lease located in the Township of Churchill in the District of Sudbury, Ontario.

As consideration, the Company shall issue 200,000 shares to the Vendor.

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RAIMOUNT ENERGY INC. ("RMT")
BULLETIN TYPE:  Property-Asset or Share Disposition Agreement
BULLETIN DATE:  May 18, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation pursuant to a court approved Arrangement Agreement dated March 20, 2012 (the "Agreement") between the Company and Mount Rainey Silver Inc., a wholly-owned subsidiary of the Company ("Mount Rainey").  The Agreement provides for a reduction of the Company's stated capital by way of a distribution of all of the Mount Rainey shares held by the Company to shareholders of the Company.  The Agreement was approved at a Special Meeting of Shareholders held on April 30, 2012.  As a result of the approval, Mount Rainey is no longer a wholly owned subsidiary of the Company.

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RAINY MOUNTAIN ROYALTY CORP. ("RMO")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 18, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 29, 2012:

Number of Shares:									1,010,000 flow-through shares and 300,000 common shares
Purchase Price:									$0.065 per flow-through and common share
Warrants:									300,000 share purchase warrants to purchase 300,000 shares
Warrant Exercise Price:									$0.10 for a two year period
Number of Placees:									6 placees
Finder's Fee:									37,500 common shares at a deemed price of $0.065 per common share payable to John Alevras

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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REGULUS RESOURCES INC. ("REG")
BULLETIN TYPE:  Plan of Arrangement
BULLETIN DATE:  May 18, 2012
TSX Venture Tier 2 Company

The TSX Venture Exchange (the "Exchange") has accepted for filing documentation pursuant to a Court approved Plan of Arrangement (the "Arrangement") between Regulus Resources Inc. (the "Company") and Pachamama Resources Ltd. ("Pachamama").  Approval of the Arrangement was obtained from shareholders of Pachamama at a special meeting of shareholders held on May 8, 2012.  Pursuant to the terms of the Arrangement, Pachamama shareholders received 0.815 of a common share of the Company for each Pachamama share held.  Accordingly, 39,905,131 common shares of the Company were issued to Pachamama shareholders pursuant to the Arrangement.  For further information, please refer to the Arrangement Agreement dated February 22, 2012 and the Company's news release dated May 16, 2012.

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RICHMOND ROW CAPITAL CORP. ("IVY.P")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 18, 2012
TSX Venture Tier 2 Company

Effective at 11:46 a.m. PST, May 18, 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.

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RJK EXPLORATIONS LTD. ("RJX.A")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 18, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 15, 2012:

Number of Shares:									3,126,000 flow-through shares
Purchase Price:									$0.25 per unit
Warrants:									1,563,000 share purchase warrants to purchase 1,563,000 shares
Warrant Exercise Price:									$0.30 for a one year period
Number of Placees:									42 placees
Finders' Fees:									Blair Cudmore - 216,480 finder's units at a price of $0.25 per unit. Carl McKnight - 22,400 finder's units at a price of $0.25 per unit.

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.

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RODINIA OIL CORP. ("ROZ.WT")
BULLETIN TYPE:  Warrant Expiry-Delist
BULLETIN DATE:  May 18, 2012
TSX Venture Tier 2 Company

Effective at the opening, May 23, 2012, the Share Purchase Warrants of the Company will trade for cash.  The Warrants expire May 28, 2012 and will therefore be delisted at the close of business May 28, 2012.

TRADE DATES

May 23, 2012 - TO SETTLE - May 24, 2012
May 24, 2012 - TO SETTLE - May 25, 2012
May 25, 2012 - TO SETTLE - May 28, 2012
May 28, 2012 - TO SETTLE - May 28, 2012

The above is in compliance with Trading Rule C.2.18 - Expiry Date:
Trading in the warrants shall be for cash for the three trading days preceding the expiry date and also on expiry date. On the expiry date, trading shall cease at 12 o'clock noon E.T. and no transactions shall take place thereafter except with permission of the Exchange.

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SUPERIOR COPPER CORPORATION ("SPC")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE:  May 18, 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:

900,000 May 29, 2012 May 29, 2015 $0.15

These warrants were issued pursuant to a private placement of 900,000 shares with 900,000 share purchase warrants attached, which was accepted for filing by the Exchange effective June 3, 2010.

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TIMES TELECOM INC. ("TTT")
BULLETIN TYPE:  Shares for Bonuses
BULLETIN DATE:  May 18, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 500,000 bonus shares to the following insider: Kwai Fong Kip, in consideration of a Loan Agreement dated March 12, 2012 between the Company and Peer 8 Business Process Outsourcing Inc. (Kwai Fong Yip). The loan is in the amount of US$400,000 and has a term of two years bearing interest at 8% per year.

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TRINORTH CAPITAL INC. ("TRT")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 18, 2012
TSX Venture Tier 1 Company

Effective at 4:51 a.m. PST, May 18, 2012, trading in the shares of the Company was halted, pending shareholder approval of matters to be acted upon at the meeting scheduled for May 24, 2012; 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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VICTORY RESOURCES CORPORATION ("VR")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE:  May 18, 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:

2,890,000 May 17, 2012 June 15, 2012 $0.40

These warrants were issued pursuant to a private placement of 5,780,000 shares with 2,890,000 share purchase warrants attached, which was accepted for filing by the Exchange effective May 14, 2010.

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