VANCOUVER, May 10 /CNW/ -
TSX VENTURE COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: May 10, 2010
TSX Venture Tier 2 Company
A Temporary Cease Trade Order has been issued by the Ontario Securities
Commission on May 10, 2010, against the following Company for failing to file
the documents indicated within the required time period:
Period
Ending
Symbol Company Failure to File (Y/M/D)
("GGO") Greentree Gas & Oil Ltd. Audited annual financial 09/12/31
statements
Annual management's 09/12/31
discussion & analysis
Certification of interim
and annual filings
Upon revocation of the Temporary Cease Trade Order, the Company's shares
will remain suspended until the Company meets TSX Venture Exchange
requirements. Members are prohibited from trading in the securities of the
company during the period of the suspension or until further notice.
TSX-X
----------------------------------
ACCELRATE POWER SYSTEMS INC. ("AXP")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 10, 2010
TSX Venture Tier 2 Company
Effective at the opening Tuesday, May 11, 2010, the common shares of
AccelRate Power Systems Inc. (the "Company") will resume trading, a news
release having been issued on May 7, 2010 announcing that the Company has
terminated its agreement (the "Agreement") to purchase eight petroleum and
natural gas leases (the "Leases"), which was previously announced on March 15,
2010. The transaction contemplated under the Agreement would have constituted
a Change of Business as defined under Exchange Policy 5.2.
For further information, see the Company's news releases dated March 15,
2010 and May 7, 2010 all available under the Company's profile on SEDAR.
TSX-X
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AMSECO EXPLORATION LTD. ("AEL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 10, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to
a Property Acquisition Agreement dated April 27, 2010, whereby the Company may
acquire a 100% interest in 40 "CDC" designated claims, as well as 12 staked
claims making up the Barry-Urban-Centre Property located in the Barry
Township, in the province of Québec.
In order to obtain the 100% interest, the Company is required to issue
800,000 common shares, within the first year upon signing and pay $30,000 in
cash to the Vendors.
The Vendors will retain a 2.3% Net Smelter Royalty where 43.5% (i.e.:
1.0%) of which may be repurchased for a sum of $1,000,000.
For further information, please refer to the Company's press release dated
April 30, 2010.
EXPLORATION AMSECO LTÉE ("AEL")
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 10 mai 2010
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents relativement à
une convention d'achat de propriété datée du 27 avril 2010, selon laquelle la
société peut acquérir un intérêt de 100 % dans les 40 claims désignés "CDC" et
les 12 claims jalonnés de la propriété de Barry-Urban-Centre, située dans le
canton de "Barry", dans la province du Québec.
Afin d'acquérir 100 % de l'intérêt, la société doit émettre 800 000
actions pendant la première année suite à la signature et effectuer un
paiement en espèces de 30 000 $ aux vendeurs.
Les vendeurs conserveront une royauté "NSR" de 2,3 % dont 43,5 % (i.e. :
1,0 %) peut-être rachetée pour une somme de 1 000 000 $.
Pour plus d'information, veuillez vous référer au communiqué de presse
émis par la société le 30 avril 2010.
TSX-X
----------------------------------
BLACK PANTHER MINING CORP. ("BPC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 10, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. has accepted for filing documentation in
connection with an option agreement dated March 2, 2010 between Black Panther
Mining Corp. (the "Company") and Rainy Mountain Royalty Corp. ("Rainy
Mountain") pursuant to which the Company can acquire up to a 50% interest in a
234 claim unit gold property (the "Property") located approximately 60 km
north of Sault Ste. Marie and 48 km east of Batchawana Bay, Ontario. Under the
Agreement, the Company is required to incur $250,000 in exploration
expenditures on the Property by March 2, 2011 (to acquire a 30% interest) and
to incur an additional $250,000 in exploration expenditures on the Property by
March 2, 2012 (to acquire a 50% interest).
Insider/Pro Group Participation: Douglas Mason, Bruce E. Morley, Ronald A.
Coombes and Sead Hamzagic are directors of the Company and Rainy Mountain.
For further information see the Company's news release dated March 5, 2010
which is available under the Company's profile on SEDAR.
TSX-X
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BTB REAL ESTATE INVESTMENT TRUST ("BTB.DB")("BTB.DB.B")("BTB.UN")
BULLETIN TYPE: Halt
BULLETIN DATE: May 10, 2010
TSX Venture Tier 1 Company
Effective at the opening, May 10, 2010, 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.
TSX-X
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CAGIM REAL ESTATE CORPORATION ("CIM")
BULLETIN TYPE: Halt
BULLETIN DATE: May 10, 2010
TSX Venture Tier 2 Company
Effective at the opening, May 10, 2010, 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.
TSX-X
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CALDERA RESOURCES INC. ("CDR")
BULLETIN TYPE: Private Placement, Non-Brokered
BULLETIN DATE: May 10 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a non-brokered private placement announced on April 4 and 30, 2010:
Number of Shares: 8,896,100 common shares
Purchase Price: $0.1350 per common share
Warrants: 8,896,100 warrants to purchase 8,896,100 common
shares
Warrant Exercise Price: $0.20 per common share for a period of 24 months
Insider/Pro Group Participation:
Insider equals Y/
Name Pro Group equals P Number of Shares
Ronald H Winston Y 700,000
Pinetree Resource
Partnership Y 1,500,000
Mark Billings Y 40,000
Finders' Fees: Argentaurus Investments Ltd. Received $5,616 in
cash
InvestPro received $540 in cash and 5,000
warrants
Canaccord Financial Ltd. Received $29,592 in
cash and 274,000 warrants
PI Financial received $21,600 in cash and
200,000 warrants
Jennings Capital received $2,160 and 20,000
warrants
BMO Nebitt Burns received $3,240 and 30,000
warrants
Each warrant entitles the Holder to purchase one
common share at a price of $0.20 for a period of
24 months following the closing of the Private
Placement.
The Company has confirmed the closing of the above-mentioned private
placement by way of a press release dated May 5, 2010.
CALDERA RESOURCES INC. ("CDR")
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 10 mai 2010
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu
d'un placement privé sans l'entremise d'un courtier, tel qu'annoncé les 4 et
30 avril 2010 :
Nombre d'actions : 8 896 100 actions ordinaires
Prix : 0,1350$ par action ordinaire
Bons de souscription : 8 896 100 de bons de souscription permettant
de souscrire à 8 896 100 actions ordinaires
Prix d'exercice des bons : 0,20 $ par action ordinaire pour une durée de
24 mois
Initié égale Y/
Nom Groupe Pro égale P Nombre d'actions
Ronald H Winston Y 700 000
Pinetree Resource
Partnership Y 1 500 000
Mark Billings Y 40 000
Honoraires
d'intermédiation : Argentaurus Investments Ltd. a reçu 5 616 $
en espèces
InvestPro a reçu 540 $ en espèces et 5 000
bons de souscription
Canaccord Financial Ltd. a reçu 29 592 $ en
espèces et 274 000 bons de souscription
PI Financial a reçu 21 600 $ en espèces et
200 000 bons de souscription
Jennings Capital a reçu 2 160 $ et 20 000
bons de souscription
BMO Nebitt Burns a reçu 3 240 $ et 30 000
bons de souscription
Chaque bon de souscription permet au
titulaire de souscrire à une action ordinaire
au prix de 0,20 $ par action pendant une
période de 24 mois suivant la clôture du
placement privé.
La société a confirmé la clôture du placement privé mentionné ci-dessus
par voie d'un communiqué de presse daté du 5 mai 2010.
TSX-X
----------------------------------
CANADIAN OREBODIES INC. ("CO")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: May 10, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a
purchase and assumption agreement (the "Agreement") dated April 28, 2010,
between Canadian Orebodies Inc. (the "Company") and Hawk Uranium Inc. - a TSX
Venture-listed company (the "Purchaser"). Pursuant to the Agreement, the
Company sell its 100% interest in the Vendor's eight 100% owned properties and
all of its interest in seven 50% joint venture properties with MacDonald Mines
Exploration Ltd. and Temex Resources Corp. (collectively, the "Properties") to
the Purchaser. The Properties consist of approximately 444 100%-owned claim
units comprising approximately 7,104 hectares, and approximately 891 50%-owned
claim units comprising approximately 14,256 hectares, all which are located in
the James Bay Lowlands "Ring of Fire", in Ontario. The 100%-owned properties
would remain subject to a 10% net profits interest in favour of Orebodies, and
the 50%-owned properties remain subject to a 5% net profits interest.
As consideration, the Company will be issued an aggregate of 5,000,000
shares and 4,000,000 share purchase warrants of the Purchaser. Each warrant is
exercisable into one common share at a price of $0.15 per share for a four
year period. The Company shall also have the right to appoint one individual
to the Purchaser's board of directors.
For further information, please refer to the Company's press releases
dated April 13, 2010 and April 29, 2010.
TSX-X
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CAPITAL MLB INC. ("MMB.P")
BULLETIN TYPE: Notice - QT Not Completed - Approaching 24 Months of
Listing
BULLETIN DATE: May 10, 2010
TSX Venture Tier 2 Company
The shares of the Company were listed on TSX Venture Exchange on June 10,
2008. 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 its 24-month
anniversary date of June 10, 2010, the Company's trading status may be changed
to a halt or suspension without further notice, in accordance with Exchange
Policy 2.4, Section 14.6.
TSX-X
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CARDIOCOMM SOLUTIONS INC. ("EKG")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 10, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 416,666 shares to settle outstanding debt of $25,000.
Number of Creditors: 1 Creditor
Insider/Pro Group Participation:
Deemed
Insider equals Y/ Amount Price No. of
Creditor Progroup equals P Owing per Share Shares
Etienne Grima Y $25,000 $0.06 416,666
The Company shall issue a news release when the shares are issued and the
debt extinguished.
TSX-X
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CAVAN VENTURES INC. ("CVN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 10, 2010
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 December 9,
2009, March 9, 2010 and April 22, 2010:
Number of Shares: 1,250,000 shares
Purchase Price: $0.20 per share
Warrants: 625,000 share purchase warrants to purchase
625,000 shares
Warrant Exercise Price: $0.30 for a two year period
Number of Placees: 1 placee
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Pacific Wally Capital
Inc. (Cathy Li Ju) Y 1,250,000
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.
TSX-X
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CHAMPION MINERALS INC. ("CHM")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: May 10, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced April 12, 2010:
Number of Shares: 10,600,000 shares
Purchase Price: $1.15 per share
Warrants: 5,300,000 share purchase warrants to purchase
5,300,000 shares
Warrant Exercise Price: $1.50 until April 30, 2012
Number of Placees: 46 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Teepy L.C. Tang P 10,000
Tom Thai P 100,000
Frank Soave P 50,000
John Zufferli P 25,000
Steve Burnham P 20,000
Miles Nagamatsu Y 25,000
Jorge Estepa Y 32,500
Thomas G. Larsen Y 42,500
Vikki Bellack P 20,000
Thomas Michael Judge P 150,000
Don A. Sheldon Y 5,000
Paul R. Ankcorn Y 5,000
Francis Sauve Y 5,000
Jean Lafleur Y 20,000
Joseph Shuen Chuen Chan Y 5,000
Alexander S. Horvath Y 10,000
Agent's Fee: An aggregate of $731,400 in cash and 636,000
broker warrants payable to Canaccord Financial
Ltd., Haywood Securities Inc. and Macquarie
Capital Markets Canada Ltd. Each broker warrant
entitles the holder to acquire one common at
$1.15 until April 30, 2012.
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
April 30, 2010.
TSX-X
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DNI METALS INC. ("DNI")
(formerly Dumont Nickel Inc. ("DNI"))
BULLETIN TYPE: Name change and Consolidation
BULLETIN DATE: May 10, 2010
TSX Venture Tier 1 Company
Pursuant to a special resolution passed by shareholders on April 30, 2010,
the Company has consolidated its capital on a 8 old shares for 1 new share
basis. The name of the Company has also been changed from "Dumont Nickel Inc."
to "DNI Metals Inc."
Effective at the opening of business Tuesday, May 11, 2010, the common
shares of "DNI Metals Inc." will commence trading on TSX Venture Exchange, and
the common shares of "Dumont Nickel Inc." will be delisted. The Company is
classified as a "Other Metal Ore Mining" company.
Post-Consolidation
Capitalization: Unlimited number of common shares with no par
value of which
23,236,001 common shares will be issued and
outstanding.
Escrow: 0
Transfer Agent: Equity Transfer and Trust Company (Toronto)
Trading Symbol: DNI (unchanged)
CUSIP Number: 23327V 10 9 (new)
MÉTAUX DNI INC. ("DNI")
(anciennement Dumont Nickel inc. ("DNI"))
TYPE DE BULLETIN : Changement de dénomination sociale et consolidation
DATE DU BULLETIN : Le 10 mai 2010
Société du groupe 1 de TSX Croissance
En vertu d'une résolution spéciale des actionnaires adoptée le 30 avril
2010, la société a consolidé son capital-actions sur la base de 8 anciennes
actions pour 1 nouvelle action. La dénomination sociale de la société a été
changée de "Dumont Nickel inc." à "Métaux DNI inc."
Les actions ordinaires de "Métaux DNI inc." seront admises à la
négociation de Bourse de croissance TSX à l'ouverture des marchés le mardi le
11 mai, 2010, et les actions de "Dumont Nickel inc." seront retirées de la
cote. La société est catégorisée comme une "société d'extraction d'autres
minerais métalliques".
Capitalisation
post-consolidation : Un nombre illimité d'actions ordinaires sans
valeur nominale, dont 23 236 001 actions
ordinaires seront émises et en circulation.
Actions entiercées : 0
Agent des transferts : Equity Transfer and Trust Company (Toronto)
Symbole boursier : DNI (inchangé)
Numéro de CUSIP : 23327V109 (nouveau)
TSX-X
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FAIRWEST ENERGY CORPORATION ("FEC")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 10, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 6,511,734 shares and 552,409 share purchase warrants to settle
outstanding debt for $651,172.80.
Number of Creditors: 54 Creditors
Warrants: 552,409 share purchase warrants to purchase
552,409 shares
Warrant Exercise Price: $0.15 expiring on September 30, 2012
No Insider/Pro Group Participation
The Company issued a news release regarding the settlement on April 15,
2010.
TSX-X
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INTERRA EXPLORATION INC. ("ITA.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: May 10, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated February 19, 2010,
effective May 10, 2010 trading in the shares of the Company will remain halted
pending receipt and review of acceptable documentation regarding the
Qualifying Transaction pursuant to Listings Policy 2.4.
TSX-X
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ITOK CAPITAL INC. ("ITK.P")
BULLETIN TYPE: Halt
BULLETIN DATE: May 10, 2010
TSX Venture Tier 2 Company
Effective at 8:53 a.m. PST, May 10, 2010, 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.
TSX-X
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MARKSMEN RESOURCES LTD. ("MA")
BULLETIN TYPE: Halt
BULLETIN DATE: May 10, 2010
TSX Venture Tier 2 Company
Effective at 6:27 a.m. PST, May 10, 2010, 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.
TSX-X
----------------------------------
MARKSMEN RESOURCES LTD. ("MA")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 10, 2010
TSX Venture Tier 2 Company
Effective at 11:15 a.m., PST, May 10, 2010, shares of the Company resumed
trading, an announcement having been made over Marketwire.
TSX-X
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MERIT MINING CORP. ("MEM")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s,
Amendment
BULLETIN DATE: May 10, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated August 15, 2008, an
amendment to the Convertible Debentures has been accepted as follows:
Convertible Debenture: $4,470,000
Conversion Price: Convertible into common shares at a price of
$13.50 per share in year 1, $17.50 per share in
year 2, and $20.00 per share in years three,
four, and five. There is no conversion feature
in year six.
Maturity date: Six years from closing (only first five years
are convertible into shares)
Interest rate: 10% per annum, payable annually at the option of
the holder
Number of Placees: 61 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P Principal Amount
David or Melanie Derwin P $50,000
Finder's Fee: Jory Capital Inc. received $223,500 upon the
closing in 2008
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
----------------------------------
MERIT MINING CORP. ("MEM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 10, 2010
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 December 22,
2009:
Number of Shares: 19,000,000 shares
Purchase Price: $0.50 per share
Number of Placees: 1 placee
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P No. of Shares
Hong Kong Huakan
Investment Co. Limited
(Deli Tian) Y 19,000,000
Finder's Fee: $190,000 cash, 190,000 shares, and 950,000
warrants exercisable at $0.50 per share for one
year payable to Purplefish Capital Limited (John
Anderson).
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
----------------------------------
PACIFIC WILDCAT RESOURCES CORP. ("PAW")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 10, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 7, 2010:
Number of Shares: 3,961,088 shares
Purchase Price: $0.18 per share
Warrants: 1,980,544 share purchase warrants to purchase
1,980,544 shares
Warrant Exercise Price: $0.23 for a one year period
Number of Placees: 17 placees
Finders' Fees: Wolverton Securities Ltd. receives 69,615 units
with the same terms as the above private
placement.
PI Financial Corp. receives 8,120 units with the
same terms as the above private placement.
Martin Gallagher receives 72,500 units with the
same terms as the above private placement.
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.)
TSX-X
----------------------------------
RARE EARTH METALS INC. ("RA")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 10, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation
pertaining to a letter agreement dated April 26, 2010 between Rare Earth
Metals Inc. (the 'Company') and Eddie Quinlan, pursuant to which the Company
may acquire a 51% interest in 5 claim licenses and 61 claim units located in
the Ten Mile Lake/Letitia Lake area of west of central Newfoundland, known as
the Ten Mile Lake Property. In consideration, the Company will pay a total of
$33,000 and issue a total of 90,000 shares as follows:
DATE CASH SHARES CUMULATIVE
WORK EXPENDITURES
On Exchange Approval $5,000 10,000 nil
Year 1 $8,000 20,000 nil
Year 2 $20,000 60,000 nil
TSX-X
----------------------------------
RARE EARTH METALS INC. ("RA")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 10, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation
pertaining to a letter agreement dated April 26, 2010 between Rare Earth
Metals Inc. (the 'Company') and Darrin Hicks, pursuant to which the Company
may acquire a 100% interest in one claim license located in the Ten Mile
Lake/Letitia Lake area of west of central Newfoundland, known as the Hicks
Property. In consideration, the Company will pay a total of $19,000 and issue
a total of 30,000 shares as follows:
DATE CASH SHARES CUMULATIVE
WORK EXPENDITURES
On Exchange Approval $1,500 5,000 nil
Year 1 $7,500 10,000 nil
Year 2 $10,000 15,000 nil
In addition, there is a 2% net smelter return relating to the acquisition.
The Company may, at any time, purchase 1% of the net smelter return for
$750,000.
TSX-X
----------------------------------
SUNWARD RESOURCES LTD. ("SWD")
BULLETIN TYPE: Private Placement-Brokered, Correction
BULLETIN DATE: May 10, 2010
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletin dated May 7, 2010, the
Brokered Private Placement announced April 12, 2010 should have read as
follows:
Number of Shares: 20,833,333 Special Warrants
Purchase Price: $1.20 per Special Warrant. Each Special Warrant
will automatically convert into one common share
on the earlier of 4 months from closing and the
day a receipt is issued for a final prospectus
qualifying the distribution of common shares on
exercise of the Special Warrants.
Default Provisions: 10% Penalty Clause if a receipt for a final
prospectus is not received within 45 days of the
closing date.
Number of Placees: 70 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Roger Poirier P 833,000
Cormack Securities Inc.
on Behalf of the
Underwriters P 2,294,333
RBC Asset Management
Inc. as Manager and
Trustee for RBC Glocal
Precious Metals Fund P 1,667,000
Richard Gray P 35,000
Mike Kozak P 28,000
Chris Roy P 60,000
Susan Samila-Moroz P 40,000
Dean Lazer P 40,000
Eric Lazer P 50,000
Brady Green P 50,000
Andrew Mickelson P 40,000
Lawrence Rotenberg P 20,000
Agents' Fees: Cormack Securities Inc. - $930,000 and 750,000
Broker Warrants that are convertible into
Compensation Options that are exercisable into
common shares at $1.20 per share for an 18-month
period.
Canaccord Financial Ltd. - $285,000 and 250,000
Broker Warrants that are convertible into
Compensation Options that are exercisable into
common shares at $1.20 per share for an 18-month
period.
GMP Securities L.P. - $285,000 and 250,000
Broker Warrants that are convertible into
Compensation Options that are exercisable into
common shares at $1.20 per share for an 18-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.
TSX-X
----------------------------------
UNIVERSAL URANIUM LTD. ("UUL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 10, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of an
Option and Joint Venture Agreement dated April 30, 2010 between the Company
and Aldrin Resource Corp. ('Aldrin') whereby the Company may acquire a 50%
interest in 168 quartz mining claims more commonly known as the Brew Property,
located in the White Gold District, Yukon Territory. The Agreement is subject
to an underlying agreement, being the property option agreement between Aldrin
and Ryanwood Exploration Inc. ('Ryanwood'), the original optionor, dated June
26, 2009 under which Ryanwood granted Aldrin the option to acquire a 100%
interest in the Brew Property.
The Company may acquire its 50% interest in the Brew Property over a three
year period by paying $125,000 to Aldrin, paying $300,000 to Ryanwood,
incurring exploration expenditures of $1,350,000 and paying Aldrin 50% of the
Aldrin shares issuable by Aldrin to Ryanwood. The payments in respect of the
Aldrin shares are capped at $156,250 for 2011 and at $187,500 for 2012 and
2013.
The Brew Property is subject to a 2% net smelter return royalty in favour
of Ryanwood.
TSX-X
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VERDANT FINANCIAL PARTNERS I INC. ("VFI.P")
BULLETIN TYPE: Halt
BULLETIN DATE: May 10, 2010
TSX Venture Tier 2 Company
Effective at the opening, May 10, 2010, 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.
TSX-X
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VERDANT FINANCIAL PARTNERS I INC. ("VFI.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: May 10, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated May 10, 2010, effective at
8:49 a.m., PST, May 10, 2010 trading in the shares of the Company will remain
halted pending receipt and review of acceptable documentation regarding the
Qualifying Transaction pursuant to Listings Policy 2.4.
TSX-X
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VIRGIN METALS INC. ("VGM")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: May 10, 2010
TSX Venture Tier 2 Company
The Company is presently trading on the Toronto Stock Exchange and is
delisting at the close of market on May 10, 2010. Effective at the opening
Tuesday, May 11, 2010, the common shares of the Company will commence trading
on TSX Venture Exchange. The Company is classified as a
"Exploration/Development" company.
Corporate Jurisdiction: Ontario
Capitalization: Unlimited common shares with no par value of
which
122,280,182 common shares are issued and
outstanding
Escrowed Shares: 0 common shares
Transfer Agent: Equity Transfer & Trust Company
Trading Symbol: VGM
CUSIP Number: 927692 10 3
For further information, please refer to the Company's public disclosure
documents available on www.sedar.com
Company Contact: Lucas Ewart, CEO
Company Address: 1400 - 55 York Street
Toronto, Ontario M5J 1R7
Company Phone Number: (416) 488-7760
Company Fax Number: (416) 483-1516
TSX-X
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For further information: Market Information Services at 1-888-873-8392, or email: [email protected]
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