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TSX Venture Exchange Daily Bulletins


News provided by

TSX Venture Exchange

Jun 01, 2010, 16:31 ET

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VANCOUVER, June 1 /CNW/ -

    
    TSX VENTURE COMPANIES

    ANANDA CAPITAL CORP. ("ANN.P")
    BULLETIN TYPE: Remain Halted
    BULLETIN DATE: June 1, 2010
    TSX Venture Tier 2 Company

    Further to TSX Venture Exchange Bulletin dated May 27, 2010, effective at
the opening, June 1, 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
                     ----------------------------------

    ARGENTEX MINING CORPORATION ("ATX")
    BULLETIN TYPE: Resume Trading
    BULLETIN DATE: June 1, 2010
    TSX Venture Tier 2 Company

    Effective at 6:06 a.m. PST, June 1, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.

    TSX-X
                     ----------------------------------

    CANADA ENERGY PARTNERS INC. ("CE")
    BULLETIN TYPE: Normal Course Issuer Bid
    BULLETIN DATE: June 1, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has been advised by the Company that pursuant to a
Notice of Intention to make a Normal Course Issuer Bid dated May 31, 2010, it
may repurchase for cancellation, up to 4,121,664 shares in its own capital
stock. The purchases are to be made through the facilities of TSX Venture
Exchange during the period June 4, 2010 to June 3, 2011. Purchases pursuant to
the bid will be made by GMP Securities LP on behalf of the Company.

    TSX-X
                     ----------------------------------

    CONTACT EXPLORATION INC. ("CEX")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: June 1, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 12, May 7, and May 11, 2010:

    Number of Shares:        43,750,000 Units
                             (Each Unit consists of one common share and one
                             share purchase warrant.)

    Purchase Price:          $0.08 per Unit

    Warrants:                43,750,000 share purchase warrants to purchase
                             43,750,000 shares

    Warrant Exercise Price:  $0.12 for period of 24 months from the date of
                             issuance

    Number of Placees:       111 placees

    Insider/Pro Group Participation:

                             Insider equals Y/
    Name                     ProGroup equals P/            No. of Units

    Scott Hadley             Y                                  375,000
    Steven Harding           Y                                1,250,000
    Steven John Haysom       Y                                  625,000
    Margaret Bahcheli        P                                  537,500
    Christopher Brown        P                                  300,000
    Gillian Lindsay          P                                   31,250
    Sarine Mustapha          P                                   62,500
    Allison Pepler           P                                   62,500
    J. David Pescod          P                                  250,000
    Scott Urquhart           P                                1,125,000
    Heather Urquhart         P                                  125,000
    Robert Verhelst          P                                  125,000
    Frank Walker             P                                  250,000

    Finder's Fee:            2,799,375 Units and 2,799,375 Finder's Warrants
                             payable to Jennings Capital Inc.
                             1,575,625 Units and 1,575,625 Finder's Warrants
                             payable to AMS Limited (David Thomson)

                             Each Finder's Warrant is exercisable for one
                             common share at a price of $0.12 for a period of
                             24 months from the date of issuance.

    TSX-X
                     ----------------------------------

    EAGLEWOOD ENERGY INC. ("EWD")
    BULLETIN TYPE: Halt
    BULLETIN DATE: June 1, 2010
    TSX Venture Tier 2 Company

    Effective at 6:06 a.m. PST, June 1, 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
                     ----------------------------------

    EAGLEWOOD ENERGY INC. ("EWD")
    BULLETIN TYPE: Resume Trading
    BULLETIN DATE: June 1, 2010
    TSX Venture Tier 2 Company

    Effective at 9:15 a.m. PST, June 1, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.

    TSX-X
                     ----------------------------------

    FORENT ENERGY LTD. ("FEN")
    BULLETIN TYPE: Property-Asset or Share Purchase Agreement
    BULLETIN DATE: June 1, 2010
    TSX Venture Tier 1 Company

    TSX Venture Exchange has accepted for filing documentation pursuant to a
non-arm's length Purchase and Sale Agreement dated April 12, 2010 between
Forent Energy Ltd. (the 'Company') and the shareholders ('Shareholders') of
Edelex Holdings Ltd. ('Edelex') wherein the Company agreed to acquire all of
the issued and outstanding shares of Edelex. In consideration, the Company
agreed to issue to the Shareholders a total of 327,771 common shares at a
deemed price of $0.25 per share. The transaction is considered non-arm's
length due to the fact that Mr. Dennis Forgeron, the President, Chief
Executive Officer, and a director of the Company, is also a shareholder of
Edelex.
    This transaction was announced in the Company's news releases dated March
30 and May 13, 2010.

    TSX-X
                     ----------------------------------

    GLOBAL KEY INVESTMENT LIMITED ("GKL")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: June 1, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced March 12, 2010:

    Number of Shares:        10,315,000 shares

    Purchase Price:          $0.43 per share

    Number of Placees:       13 placees

    No Insider/Pro Group Participation

    Finder's Fee: N/A

    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
                     ----------------------------------

    KELSO TECHNOLOGIES INC. ("KLS")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: June 1, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 9, 2010:

    Number of Shares:        8,270,000 shares

    Purchase Price:          $0.10 per share

    Warrants:                4,135,000 share purchase warrants to purchase
                             4,135,000 shares

    Warrant Exercise Price:  $0.18 for a two year period

    Number of Placees:       61 placees

    Insider/Pro Group Participation:

                             Insider equals Y/
    Name                     ProGroup equals P/            No. of Shares

    Bondwest Enterprises
     Inc. (James R. Bond)    Y                                    40,000
    Manae D'Sylva            P                                    50,000
    Ron Goos                 P                                   250,000
    Ron Goos                 P                                   150,000
    Brad King                P                                    50,000
    Nancy Maarsman           P                                    50,000
    Edward Reisner           P                                   100,000
    Ronald Rieder            P                                   250,000
    Peter Smith              P                                    75,000
    James Taylor             P                                   200,000
    William Troy             Y                                   200,000

    Finder's Fee:            $16,250, 000 cash payable to Canaccord Genuity
                             Corp.
                             $10,950 cash payable to Global Maxfin Capital
                             Corp.

    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
                     ----------------------------------

    LINCOLN MINING CORPORATION ("LMG")
    BULLETIN TYPE: Private Placement-Brokered, Private Placement-Non-Brokered
    BULLETIN DATE: June 1, 2010
    TSX Venture Tier 2 Company

    Brokered Private Placement:

    TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced May 11, 2010:

    Number of Shares:        13,636,305 shares

    Purchase Price:          $0.22 per share

    Warrants:                6,818,152 share purchase warrants to purchase
                             6,818,152 shares

    Warrant Exercise Price:  $0.35 for a two year period

    Number of Placees:       30 placees

    Insider/Pro Group Participation:

                             Insider equals Y/
    Name                     ProGroup equals P             No. of Shares

    Riley Keast              P                                    45,450
    Bukchuk Holdings Ltd.
     (C. Channing Buckland
     & Henry Ewanchuk)       P                                   300,000
    WKW I LP (C. Channing
     Buckland)               P                                   300,000
    Pixter Projects Inc.
     (Jeana R. Traviss)      P                                   150,000
    Bertilvic Investments
     Ltd. (Ingrid Traviss)   P                                   150,000
    Cheryl Burian            P                                    50,000
    Winton Derby             P                                   150,000
    C. Channing Buckland     P                                 1,000,000

    Agents' Fees:            $100,871.43 cash and 458,507 broker warrants
                             exercisable at $0.35 for two years payable to
                             Casimir Capital LP.

                             $96,250 cash and 437,500 broker warrants (same
                             terms as above) payable to Bolder Investment
                             Partners 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. 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.

    Non-Brokered Private Placement:

    TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced May 11, 2010:

    Number of Shares:        6,088,454 shares

    Purchase Price:          $0.22 per share

    Warrants:                3,044,226 share purchase warrants to purchase
                             3,044,226 shares

    Warrant Exercise Price:  $0.35 for a two year period

    Number of Placees:       47 placees

    Insider/Pro Group Participation:

                             Insider equals Y/
    Name                     ProGroup equals P             No. of Shares

    John Hart                P                                    25,000
    John M. Murphy           P                                   113,636

    Finders' Fees:           $31,369.80 cash and 142,590 warrants (same terms
                             as above) payable to Canaccord Genuity Corp.
                             $12,716.14 cash and 57,941 warrants exercisable
                             at $0.35 for two years payable to Barrington
                             Capital Corp.
                             $12,716.14 cash and 57,941 (same terms as above)
                             payable to Anthem Capital Group Inc.
                             $10,988.79 cash and 49,950 warrants (same terms
                             as above) payable to Loeb Aron & Company Ltd.
                             $5,775 cash and 26,250 warrants (same terms as
                             above) payable to Global Maxfin Investments Inc.
                             $5,082 cash and 23,100 warrants (same terms as
                             above) payable to Haywood 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.

    TSX-X
                     ----------------------------------

    NEVADA SUNRISE GOLD CORPORATION ("NEV")
    BULLETIN TYPE: Property-Asset or Share Disposition Agreement
    BULLETIN DATE: June 1, 2010
    TSX Venture Tier 1 Company

    TSX Venture Exchange has accepted for filing a letter agreement (the
"Agreement") dated March 29, 2010 pursuant to which Animas Resources Ltd.
("Animas") has the right to earn in on the Company's Golden Arrow Property and
Kinsley Mountain Property. Animas has the right to earn in to a 51% interest
in the:

    (i)  Golden Arrow Property by expending an aggregate of $3,500,000 of
         exploration expenditures on the Golden Arrow Property within 3
         years;

    (ii) Kinsley Mountain Property by expending an aggregate of $1,500,000 of
         exploration expenditures on the Kinsley Mountain Property within 3
         years;

    Animas can earn an additional 9% interest in the Golden Arrow Property if
it expends a further $4,000,000 of exploration expenditures on the Golden
Arrow Property over five years. Animas will earn an additional 15% interest in
the Golden Arrow Property if it thereafter funds the project to a preliminary
feasibility study and the Company elects not to participate in such
transactions.
    Animas can earn an additional 14% interest in the Kinsley Mountain
Property if it expends a further $3,000,000 of exploration expenditures on the
Kinsley Mountain Property over five years. Animas will earn an additional 10%
interest in the Kinsley Mountain Property if it thereafter funds the project
to a preliminary feasibility study and the Company elects not to participate
in such transactions.

    Insider/Pro Group Participation: N/A

    For further information please read the Company's news release dated April
8, 2010 available on SEDAR.

    TSX-X
                     ----------------------------------

    NOVUS GOLD CORP. ("NOV")
    BULLETIN TYPE: Property-Asset or Share Purchase Agreement
    BULLETIN DATE: June 1, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing an option agreement dated May
12, 2010 between Novus Gold Corp. (the 'Company') and Frank Houghton, whereby
the Company will acquire the Dorothea Gold Property consisting of one mineral
claim comprised of 192 hectares located in the Thunder Bay Mining District in
Ontario.
    Total consideration consists of $102,500 in cash payments and 25,000
shares of the Company as follows:

                       CASH        SHARES

    Year 1          $17,500        25,000
    Year 2          $15,000             0
    Year 3          $20,000             0
    Year 4          $50,000             0

    In addition, there is a 2% net smelter return relating to the acquisition.
The Company may at any time purchase 1.5% of the net smelter return for
$500,000 in order to reduce the total net smelter return to 0.5%.

    TSX-X
                     ----------------------------------

    OROCO RESOURCE CORP. ("OCO")
    BULLETIN TYPE: Shares for Debt
    BULLETIN DATE: June 1, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing the Company's proposal to
issue 70,000 shares at a deemed price of $0.25 per share to settle outstanding
debt for $17,500.

    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

    Thorsen
     Consulting
     Ltd. (Ken
     Thorsen)          Y                     $17,500      $0.25      70,000

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

    TSX-X
                     ----------------------------------

    PACIFIC BAY MINERALS LTD. ("PBM")
    BULLETIN TYPE: Property-Asset or Share Disposition Agreement
    BULLETIN DATE: June 1, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for expedited filing documentation
pertaining to an option agreement dated May 6, 2010 between Pacific Bay
Minerals Ltd. (the 'Company') and the vendors, Chris Baldys and Piotr
Lutynski, pursuant to which the Company may acquire a 100% interest in 15
mineral claims covering 5,664 hectares in the Liard Mining District of British
Columbia, known as the Ax Property. In consideration, the Company will pay a
total of $246,000, issue a total of 1,000,000 shares and undertake assessment
work, as follows:

                                                                 CUMULATIVE
    DATE                          CASH       SHARES       WORK EXPENDITURES

    Upon Exchange Approval      $8,000      100,000                     nil
    Year 1                     $18,000      100,000   Sufficient assessment
                                                           work to keep the
                                                           property in good
                                                     standing for 12 months
                                                     beyond the expiry date
                                                            of a definitive
                                                                  agreement.
    Year 2                     $30,000      200,000                as above
    Year 3                     $40,000      200,000                as above
    Year 4                     $50,000      200,000                as above
    Year 5                    $100,000      200,000                as above

    TSX-X
                     ----------------------------------

    REDCLIFFE EXPLORATION INC. ("RXP.B")
    BULLETIN TYPE: Delist-Offer to Purchase
    BULLETIN DATE: June 1, 2010
    TSX Venture Tier 1 Company

    Effective at the close of business June 2, 2010, the Class B shares of
Redcliffe Exploration will be delisted from TSX Venture Exchange. The
delisting of the Company's shares results from an Amalgamation Agreement
between the Company and Paramount Resources Ltd. For further information
please see the Company's Information Circular dated May 31, 2010 and the news
release dated May 26, 2010.

    TSX-X
                     ----------------------------------

    REEF RESOURCES LTD. ("REE")
    BULLETIN TYPE: Shares for Debt
    BULLETIN DATE: June 1, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing the Company's proposal to
issue 3,049,081 flow through shares and 2,115,000 non-flow through shares to
settle outstanding debt for $387,306.

    Number of Creditors:     5 Creditors

    Insider/Pro Group Participation:

                                                      Deemed
                       Insider equals Y/    Amount     Price       No. of
    Creditor           Progroup equals P     Owing   per Share     Shares

    713431 Alberta
     Ltd. (Arnie
     Hansen)           Y                  $93,581.25   $0.075   1,247,750 FT
    2024280 Ontario
     Inc. (Tariq
     Malik)            Y                  $49,523.45   $0.075     660,312 FT
    Larry Olson and
     Associates
     (Larry Olson)     Y                  $85,576.40   $0.075   1,141,019 FT

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

    TSX-X
                     ----------------------------------

    RELIABLE ENERGY LTD. ("REL")
    BULLETIN TYPE: Private Placement-Brokered
    BULLETIN DATE: June 1, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced May 12, 2010:

    Number of Shares:        16,500,000 flow-through shares

    Purchase Price:          $0.365 per flow-through share

    Special Warrants:        30,000,000 special warrants

    Subscription Price:      $0.30 per special warrant. All unexercised
                             special warrants will be deemed to be exercised
                             on the earlier of (a) September 28, 2010 and (b)
                             the day on which a final receipt is issued by
                             the securities regulatory authorities in the
                             Provinces of Alberta, British Columbia and
                             Ontario for the final prospectus qualifying the
                             common shares.

    Number of Placees:       30 placees

    Insider/Pro Group Participation:

                             Insider equals Y/
    Name                     ProGroup equals P/         No. of Sp. Warrants

    Brian Hurl               Y                                      167,000

    Agent's Fee:             Raymond James Ltd. - $540,810.00
                             Canaccord Genuity Corp. - $180,270.00
                             Acumen Capital Finance Partners Limited -
                             $135,202.50
                             Clarus Securities Inc. - $45,067.50

    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
                     ----------------------------------

    RIDGEMONT CAPITAL CORP. ("RDG.P")
    BULLETIN TYPE: Halt
    BULLETIN DATE: June 1, 2010
    TSX Venture Tier 2 Company

    Effective at 6:06 a.m. PST, May 31, 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
                     ----------------------------------

    RIDGEMONT CAPITAL CORP. ("RDG.P")
    BULLETIN TYPE: Remain Halted
    BULLETIN DATE: June 1, 2010
    TSX Venture Tier 2 Company

    Further to TSX Venture Exchange Bulletin dated May 31, 2010, effective at
7:01 a.m. PST, June 1, 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
                     ----------------------------------

    SIERRA GEOTHERMAL POWER CORP. ("SRA")
    BULLETIN TYPE: Resume Trading
    BULLETIN DATE: June 1, 2010
    TSX Venture Tier 2 Company

    Effective at 7:30 a.m., May 31, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.

    TSX-X
                     ----------------------------------

    SOUTHERN PACIFIC RESOURCE CORP. ("STP")
    BULLETIN TYPE: Prospectus-Share Offering
    BULLETIN DATE: June 1, 2010
    TSX Venture Tier 2 Company

    Effective May 10, 2010, the Company's Prospectus dated May 10, 2010 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 and Newfoundland and Labrador
Securities Commissions, pursuant to the provisions of the Securities Acts of
each respective province.
    TSX Venture Exchange has been advised that closing occurred on May 18,
2010, for gross proceeds of $100,800,000.

    Agents:                  BMO Nesbitt Burns Inc.
                             TD Securities Inc.
                             Raymond James Ltd.
                             RBC Dominion Securities Inc.
                             Canaccord Financial Ltd.
                             Acumen Capital Finance Partners Limited
                             Byron Securities Limited

    Offering:                84,000,000 shares

    Share Price:             $1.20 per share

    Agents' Commission:      A cash commission equal to 5% of the gross
                             proceeds of the Offering to be paid to the
                             Agents.

    Greenshoe Option:        The Agent may over-allot the shares in
                             connection with this offering and the Company
                             has granted to the Agent, an option to purchase
                             additional shares, up to 12,600,000 common
                             shares at $15,120,000 gross, up to the close of
                             business June 17, 2010.

    TSX-X
                     ----------------------------------

    SOUTHERN PACIFIC RESOURCE CORP. ("STP")
    BULLETIN TYPE: Property-Asset or Share Purchase Agreement
    BULLETIN DATE: June 1, 2010
    TSX Venture Tier 2 Company

    TSX Venture Exchange has accepted for filing documentation pursuant to a
Purchase and Sale Agreement dated March 18, 2010 between Southern Pacific
Resource Corp. (the 'Company') and a group of vendors ('Vendors') wherein the
Company has agreed to acquire a 20% working interest in 59 sections of land
known as the McKay block and a 20% working interest in 32 sections of land
known as the Ells block, both located in Alberta. In consideration, the
Company has agreed to issue to the Vendors a total of $26,400,000 in cash and
6,470,588 common shares at a deemed price of $1.02 per share.
    This transaction was announced in the Company's news release dated March
19, 2010.

    TSX-X
                     ----------------------------------

    SPITFIRE ENERGY LTD. ("SEL")
    BULLETIN TYPE: Resume Trading, Reverse Takeover-Announced
    BULLETIN DATE: June 1, 2010
    TSX Venture Tier 2 Company

    Effective at the opening Wednesday, June 2, 2010, trading in the Company's
shares will resume.
    Further to the Company's news release dated June 1 2010, regarding the
proposed acquisition of Whitecap Resources Inc., (the 'Reverse Takeover'), the
Exchange has granted the Company an exemption from sponsorship requirements.
    This resumption of trading does not constitute acceptance of the Reverse
Takeover, and should not be construed as an assurance of the merits of the
transaction or the likelihood of completion
    Completion of the transaction is subject to a number of conditions,
including but not limited to, Exchange acceptance and shareholder approval.
There is a risk that the transaction will not be accepted or that the terms of
the transaction may change substantially prior to acceptance. SHOULD THIS
OCCUR, A TRADING HALT MAY BE RE-IMPOSED.

    TSX-X
                     ----------------------------------

    STACCATO GOLD RESOURCES LTD. ("CAT")
    BULLETIN TYPE: Halt
    BULLETIN DATE: June 1, 2010
    TSX Venture Tier 2 Company

    Effective at the opening, May 31, 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
                     ----------------------------------

    SUNSET PACIFIC PETROLEUM LTD. ("SPK")
    BULLETIN TYPE: Halt
    BULLETIN DATE: June 1, 2010
    TSX Venture Tier 2 Company

    Effective at 9:49 a.m. PST, June 1, 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
                     ----------------------------------

    WESTCAN URANIUM CORP. ("WCU")
    BULLETIN TYPE: Private Placement-Non-Brokered
    BULLETIN DATE: June 1, 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 May 18, 2010:

    Number of Shares:        3,335,000 shares

    Purchase Price:          $0.075 per share

    Warrants:                3,335,000 share purchase warrants to purchase
                             3,335,000 shares

    Warrant Exercise Price:  $0.10 for a one year period
                             $0.15 in the second year

    Number of Placees:       9 placees

    Insider/Pro Group Participation:

                             Insider equals Y/
    Name                     ProGroup equals P/            No. of Shares

    Kerry Chow               P                                   550,000
    Jacqueline Chow          P                                   600,000
    Roberto Chu              P                                   200,000
    David Hamilton Smith     P                                   135,000

    Finders' Fees:           $22,500 and 300,000 warrants payable to PI
                             Financial Corp.
                             $2,512.50 and 33,500 warrants payable to
                             Canaccord Capital Corp.

    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
                     ----------------------------------

    NEX COMPANIES

    CANAMEX SILVER CORP. ("CSQ.H")
    BULLETIN TYPE: Halt
    BULLETIN DATE: June 1, 2010
    NEX Company

    Effective at the opening, May 31, 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
                     ----------------------------------

    SPHERE RESOURCES INC. ("SPH.H")
    BULLETIN TYPE: Property-Asset or Share Disposition Agreement, Correction
    BULLETIN DATE: June 1, 2010
    NEX Company

    Further to TSX Venture Exchange bulletin dated May 11, 2010, the following
finders was paid in connection with the agreement dated March 7, 2010:

    Finder's Fee:            1,850,000 shares payable to George Grignano

    TSX-X
                     ----------------------------------
    

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

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