TSX Venture Exchange Daily Bulletins



    VANCOUVER, Aug. 28 /CNW/ -

    
    TSX VENTURE COMPANIES

    ADAMUS RE

SOURCES LIMITED ("ADU") BULLETIN TYPE: Private Placement-Non-Brokered, Amendment BULLETIN DATE: August 28, 2007 TSX Venture Tier 1 Company Further to the bulletin dated July 16, 2007 with respect to a private placement of 12,250,000 shares at a price of AUD$0.64 per share, TSX Venture Exchange has been advised that the following finder's fee will be payable: Finder's Fee: Axino AG (Wolfgang Seybold and Manfred Mayer) will receive a finder's fee of 750,000 Options that are exercisable into common shares of the Company at a price of AUD$0.80 per share for a two year period. TSX-X ---------------------------------- AFRICAN GOLD GROUP, INC. ("AGG") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: August 28, 2007 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 3, 2007: Number of Shares: 5,992,309 shares Purchase Price: $1.05 per share Warrants: 2,996,154 share purchase warrants to purchase 2,996,154 shares Warrant Exercise Price: $1.50 for an eighteen (18) month period Number of Placees: 16 placees Finder's Fee: An aggregate of $258,221 in cash and 491,850 finders' warrants payable to C&M Capital, Inc., Maurizio Fava and Felix N. Cirelli. Each finder's warrant is exercisable into one common share at $1.50 for an eighteen (18) month period. 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. For further details, please refer to the Company's news release dated August 13, 2007. TSX-X ---------------------------------- AZTECA GOLD CORP. ("AZG") BULLETIN TYPE: Halt BULLETIN DATE: August 28, 2007 TSX Venture Tier 2 Company Effective at 11:02 a.m. PST, August 28, 2007, trading in the shares of the Company was halted at the request of the Company, pending an announcement; this regulatory halt is imposed by Market Regulation Services, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules. TSX-X ---------------------------------- BROWNSTONE VENTURES INC. ("BWN") BULLETIN TYPE: Halt BULLETIN DATE: August 28, 2007 TSX Venture Tier 2 Company Effective at 12:00 p.m. PST, August 28, 2007, trading in the shares of the Company was halted at the request of the Company, pending an announcement; this regulatory halt is imposed by Market Regulation Services, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules. TSX-X ---------------------------------- CANADIAN GOLDEN DRAGON RE

SOURCES LTD. ("CGG") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: August 28, 2007 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 1, 2007: Number of Shares: 1,176,470 flow-through shares Purchase Price: $0.17 per share Warrants: 1,176,470 share purchase warrants to purchase 1,176,470 shares Warrant Exercise Price: $0.25 for a two year period Number of Placees: 10 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares Elliot Strashin Y 306,470 Finder's Fee: Terry Mcgurk will receive a cash finder's fee of $10,353 as well as 60,900 non-transferable Finder's Warrants that are exercisable into common shares at $0.25 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. TSX-X ---------------------------------- CIRRUS ENERGY CORPORATION ("CYR") BULLETIN TYPE: Prospectus-Share Offering BULLETIN DATE: August 28, 2007May 11, 2001 Tier 1 Company Effective August 17, 2007, the Company's Prospectus dated August 17, 2007 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Alberta, British Columbia, Saskatchewan, and Ontario Securities Commissions, pursuant to the provisions of the Securities Acts of each respective province. TSX Venture Exchange has been advised that closing occurred on August 23, 2007, for gross proceeds of $35,132,500. Agents: Tristone Capital Inc., Clarus Securities Inc., Jennings Capital Inc. Offering: 14,950,000 shares Share Price: $2.35 per share TSX-X ---------------------------------- CORAL GOLD RE

SOURCES LTD. ("CLH") (formerly Coral Gold Resources Ltd. ("CGR")) BULLETIN TYPE: Stock Split BULLETIN DATE: August 28, 2007 TSX Venture Tier 1 Company Pursuant to a Special Resolution passed July 17, 2007, the Company's common shares will be sub-divided on a 1 old for 3 new basis. The common shares of the Company will commence trading on a sub-divided basis at the opening, August 29, 2007. The Record date is August 31, 2007. The Company is classified as a 'Precious Metals Exploration and Development' company. Post - Split Capitalization: Unlimited shares with no par value of which 24,802,080 shares are issued and outstanding Escrow: Nil Transfer Agent: Pacific Corporate Trust Company Trading Symbol: CLH (new) CUSIP Number: 218002 20 2 (new) Letters of Transmittal will be used to effect this share sub-division. Letters of Transmittal were mailed to shareholders to return their present share certificates in exchange for new share certificates. TSX-X ---------------------------------- DEJOUR ENERPRISES LTD. ("DEJ") BULLETIN TYPE: Halt BULLETIN DATE: August 28, 2007 TSX Venture Tier 2 Company Effective at 12:00 p.m. PST, August 28, 2007, trading in the shares of the Company was halted at the request of the Company, pending an announcement; this regulatory halt is imposed by Market Regulation Services, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules. TSX-X ---------------------------------- ENHANCED OIL RE

SOURCES INC. ("EOR") BULLETIN TYPE: Private Placement-Brokered BULLETIN DATE: August 28, 2007 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced July 11, 2007: Number of Shares: 20,161,200 shares Purchase Price: $1.24 per share Warrants: 10,080,600 share purchase warrants to purchase 10,080,600 shares Warrant Exercise Price: $1.80 for a two year period Number of Placees: 330 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares Gary Colbert P 25,000 Jose Da Silva P 8,000 David Chapman P 10,000 Nancy Hall Chapman P 10,000 Jean Francois Perrault P 8,000 Steve Engh P 3,200 Steve Engh P 2,500 Sara Neil P 5,000 Bryan Harrold P 5,000 Steve Robert Engh P 10,000 Thomas Milne Y 35,000 Precise Details Inc. (Susan Milne, Christopher Milne, Sarah Anderson) Y 50,000 Agent's Fee: $1,999,991.04 cash and 2,016,120 Agent's Options (each Option is exercisable into one Unit at $1.24 for two years with the Units having the same terms as those to be issued pursuant to the private placement) payable to Union Securities Ltd. 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 ---------------------------------- GEE-TEN VENTURES INC. ("GTV") BULLETIN TYPE: Private Placement-Non-Brokered, Amendment BULLETIN DATE: August 28, 2007 TSX Venture Tier 2 Company Further to the TSX Venture Exchange bulletin dated August 15, 2007, the Exchange has been advised that Harry Elsinga should not have been disclosed as an Insider of the Non-Brokered Private Placement announced June 13, 2007. TSX-X ---------------------------------- GREAT WESTERN DIAMONDS CORP. ("GWD") BULLETIN TYPE: Private Placement-Brokered BULLETIN DATE: August 28, 2007 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced July 20 and August 16, 2007: Number of Shares: 4,885,000 flow-through common shares Purchase Price: $0.45 per share Number of Placees: 12 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares Michael Will P 22,000 Todd Degelman P 11,000 Agent's Fee: $131,895 and 193,100 Agent's Warrants payable to Wellington West Capital Markets Inc. Each Agent's Warrant is exercisable for one common share at a price of $0.45, until August 16, 2009. TSX-X ---------------------------------- IPERCEPTIONS INC. ("IPE") BULLETIN TYPE: Halt BULLETIN DATE: August 28, 2007 TSX Venture Tier 2 Company Effective at 12:49 p.m. PST, August 28, 2007, trading in the shares of the Company was halted at the request of the Company, pending an announcement; this regulatory halt is imposed by Market Regulation Services, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules. TSX-X ---------------------------------- KODIAK EXPLORATION LTD. ("KXL") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: August 28, 2007 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation in connection with an Option Agreement dated July 25, 2007 between the Company and Shirley Lafontaine pursuant to which the Company has been granted an option to earn up to a 100% interest in 18 mineral claims in the Beardmore - Geraldton area of Ontario. Consideration payable over a four-year period is $210,000 in cash (or equivalent in shares). In addition, there is a 3% net smelter return relating to the acquisition subject to further Exchange review and acceptance. The Company may purchase 1% of the net smelter return for $500,000. Insider/Pro Group Participation: N/A TSX-X ---------------------------------- KODIAK EXPLORATION LIMITED ("KXL") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: August 28, 2007 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation in connection with an Option Agreement dated July 18, 2007 between the Company and Alto Ventures Ltd. pursuant to which the Company has been granted an option to earn up to a 70% interest in 21 mineral claims in the Beardmore - Geraldton area of Ontario. Consideration payable over a three-year period is $100,000 in cash (or equivalent in shares) and $1,000,000 in exploration expenditures. In addition, there is a 2% net smelter return relating to the acquisition subject to further Exchange review and acceptance. The Company may purchase 0.5% of the net smelter return for $500,000. Insider/Pro Group Participation: N/A TSX-X ---------------------------------- MEXIVADA MINING CORP. ("MNV") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: August 28, 2007 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation in connection with a Mining Exploration and Assignment of Rights Agreement dated July 6, 2007 between the Company and Alfonso Marquez Romero and Minas La Republica, S.A. de C.V. pursuant to which the Company has been granted an option to earn a 100% interest in the La Republica mine property located in Moris, Chihuahua, Mexico. Consideration payable is US$2,000,000 in cash payable over a four-year period. A Finder's fee of 8.9% of the property payments on the first US$300,000, 7% of the property payments from US$300,000 to US$1,000,000 and 4.5% of the property payments from US$1,000,000 to US$2,000,000 is payable to Jamie Fushille and Luis Villonueva. An additional 4.5% of the production bonus of US$1,000,000 if the property is placed into commercial production is payable to the same parties subject to further Exchange review and acceptance. In addition, there is a 1% net smelter return relating to the acquisition subject to further Exchange review and acceptance. The Company may at any time purchase 100% of the net smelter return for US$1,250,000. Insider/Pro Group Participation: N/A TSX-X ---------------------------------- MILLROCK RE

SOURCES INC. ("MRO") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: August 28, 2007 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation in connection with a Letter of Intent dated August 14, 2007 between the Company and NPN Ventures Group Inc. pursuant to which the Company has been granted an option to earn up to a 50% interest in the Divide Property located in the Seward Peninsula, Alaska Consideration payable is US$500,000 in cash and the issuance of 500,000 common shares of the Company over the next four years. Insider/Pro Group Participation: N/A TSX-X ---------------------------------- MYSTIQUE ENERGY, INC. ("MYS") BULLETIN TYPE: Halt BULLETIN DATE: August 28, 2007 TSX Venture Tier 2 Company Effective at 9:48 a.m. PST, August 28, 2007, trading in the shares of the Company was halted for failure to comply with Exchange requirements; this regulatory halt is imposed by Market Regulation Services, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules. TSX-X ---------------------------------- NOVEKO INTERNATIONAL INC. ("EKO") BULLETIN TYPE: Halt BULLETIN DATE: August 28, 2007 TSX Venture Tier 2 Company Effective at 9:50 a.m. PST, August 28, 2007, trading in the shares of the Company was halted at the request of the Company, pending an announcement; this regulatory halt is imposed by Market Regulation Services, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules. TSX-X ---------------------------------- PROTOX THERAPEUTICS INC. ("PRX") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: August 28, 2007 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation respective to the acquisition of certain assets from Medicenna Ventures Inc., ("Medicenna") in consideration of $104,840 in cash and 127,854 shares. The assets acquired are the intellectual property rights relating to the HUMxim program and the purchase price is a re-imbursement of Medicenna's out of pocket costs. The Asset Purchase Agreement between the Company and Medicenna is dated April 4, 2007. Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P No. of Shares Medicenna Ventures Inc. (Frank Holler) Y 127,854 (James Heppell) Y (Fahar Merchant) Y TSX-X ---------------------------------- RARE METHOD INTERACTIVE CORP. ("RAM") BULLETIN TYPE: Resume Trading BULLETIN DATE: August 28, 2007 TSX Venture Tier 1 Company Effective at the open, August 28, 2007, shares of the Company resumed trading, an announcement having been made over StockWatch. TSX-X ---------------------------------- SUDBURY CAPITAL CORPORATION ("SUD.P") BULLETIN TYPE: Resume Trading BULLETIN DATE: August 28, 2007 TSX Venture Tier 2 Company Effective at the open, Wednesday August 29, 2007, shares of the Company will resume trading, an announcement having been made over Marketwire on the termination of the Company's contemplated Qualifying Transaction. For more details, please see the announcement by the Company dated August 24, 2007. TSX-X ---------------------------------- THE MEDIPATTERN CORPORATION ("MKI") BULLETIN TYPE: Prospectus-Share Offering BULLETIN DATE: August 28, 2007 TSX Venture Tier 2 Company Effective July 18, 2007, the Company's Short Form Prospectus dated July 25, 2007 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador Securities Commissions, pursuant to the provisions of the British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador Securities Acts. TSX Venture Exchange has been advised that closings occurred on August 2, 2007 and August 17, 2007, for gross proceeds of $5,724,290. Underwriter: Research Capital Corporation Offering: 5,203,900 shares (includes over-allotment option) Share Price: $1.10 per share Underwriters' Warrants: 312,234 non-transferable warrants. Each warrant is exercisable into one common share at $1.10 for a two year period. TSX-X ---------------------------------- TINKA RE

SOURCES LIMITED ("TK") BULLETIN TYPE: Halt BULLETIN DATE: August 28, 2007 TSX Venture Tier 2 Company Effective at the open, August 28, 2007, trading in the shares of the Company was halted at the request of the Company, pending an announcement; this regulatory halt is imposed by Market Regulation Services, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules. TSX-X ---------------------------------- TINKA RE

SOURCES LIMITED ("TK") BULLETIN TYPE: Resume Trading BULLETIN DATE: August 28, 2007 TSX Venture Tier 2 Company Effective at 11:00 a.m. PST, August 28, 2007, shares of the Company resumed trading, an announcement having been made over Vancouver Market News. TSX-X ---------------------------------- WELLPOINT SYSTEMS INC. ("WPS") BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Shares for Bonuses BULLETIN DATE: August 28, 2007 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation in respect of Wellpoint Systems Inc. (the "Company") arm's length acquisition, (Acquisition), of substantially all of the assets of Bolo Systems, Inc (Bolo) as set forth in a Acquisition Agreement dated August 10, 2007,entered into among the Company, a subsidiary of the Company, Bolo and Bolo's shareholders. Pursuant to the Acquisition, the Company agreed to acquire the Bolo assets for an aggregate consideration of approximately $22,860,000 (US), with $14,500,000 (US) payable in cash, $3,360,000 (US) payable through the issuance of 8,000,000 common shares at a deemed price of $0.42 (US) per share, and $5,000,000 (US) payable pursuant to a promissory note. The note is due three years from the date of issue and bears interest at a rate of 7% per annum and is secured by all of the assets of the Company and its material operating subsidiaries. Additional consideration of up to $4,500,000 (US) may be paid to Bolo in either cash or common shares of the Company, at the election of Bolo, if the Bolo business achieves certain revenue and earnings targets for the twenty-four month period following closing. If the additional consideration is paid in common shares, the shares will be issued at a deemed price of $0.90 per share for the first year and at $1.60 per share for the second year. In addition, in connection with the Acquisition, a finder's fee of approximately $263,000 (US) was paid to Winston Sage Partners Inc. TSX Venture Exchange (the 'Exchange') has accepted for filing a financing arrangement between the Company and Crown Capital Investment Partners LP (the "Lender"), whereby the Lender has agreed to provide debt financing of US$15,000,000 at a fixed interest rate of 10% and a deferred interest rate of 5% accruing at 15% annually, for a term three years. Pursuant to the financing arrangement, the Company will issue to the Lender, an aggregate of 2,700,000 non-transferable warrants exercisable for a 3 year period, with an exercise price is US$0.50 per share. The Company will issue 900,000 warrants at the closing, an additional 900,000 warrants after 6 months and 900,000 after 1 year and 1 week of closing. If the loan is repaid prior to the warrants becoming exercisable, then those warrants which are not yet exercisable will automatically terminate. If the loan is reduced or repaid in full prior to maturity, the warrants will be reduced on a pro rata basis. For additional information on the Acquisition, refer to the Company's news release dated August 13, 2007. 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