TSX Venture Exchange Daily Bulletins18 February 2006
TSX VENTURE COMPANIES ABITEX RESOURCES INC. ("ABE") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement announced on January 4, 2006: Number of Shares: 600,000 shares Purchase Price: $0.25 per share Warrants: 300,000 share purchase warrants to purchase 300,000 shares. Warrant Exercise Price: $0.30 for a two-year period Number of Placees: 1 placee Insider / Pro Group participation: Name Insider = Y / Number of Shares Pro Group = P Dale Johnson Y 600,000 The Company has confirmed the closing of the above-mentioned Private Placement on February 10, 2006 by way of press release. RESSOURCES ABITEX INC. (" ABE ") TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier DATE DU BULLETIN : Le 15 février 2006 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 le 4 janvier 2006 : Nombre d'actions : 600 000 actions ordinaires Prix : 0,25 $ par action ordinaire Bons de souscription : 300 000 bons de souscription permettant de souscrire à un maximum de 300 000 actions ordinaires. Prix d'exercice des bons : 0,30 $ pour une période de deux ans suivant la date de clôture du placement privé. Nombre de souscripteurs : 1 souscripteur Participation Initié / Groupe Pro : Nom Initié = Y / Nombre d'actions Groupe Pro = P Dale Johnson Y 600 000 La société a confirmé la clôture du placement privé mentionné ci-dessus le 10 février 2006 par communiqué de presse. TSX-V ----------------------------------- ACTIVE CONTROL TECHNOLOGY INC. ("ACT") BULLETIN TYPE: Shares for Debt BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the Company's proposal to issue 190,476 shares at a deemed price of $0.0525 per share to settle outstanding debt of $10,000.00. Number of Creditors: One Creditor The Company shall issue a news release when the shares are issued and the debt extinguished. TSX-X ----------------------------------- ALDRIDGE MINERALS INC. ("AGM") BULLETIN TYPE: Private Placement-Non-Brokered, Correction BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company Further to TSX Venture Exchange bulletin dated February 14, 2006 with respect to the private placement of 1,175,756 units at a price of $1.10 per unit, the finder's fee payable to Advice Capital Management AG should have been for 41,200 units, not 41,000 units with the same terms as the offering. TSX-X ----------------------------------- ANGLO-CANADIAN URANIUM CORP. ("URA") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 12, 2006 and amended February 1, 2006: Number of Shares: 1,500,000 shares Purchase Price: $0.28 per share Warrants: 1,500,000 share purchase warrants to purchase 1,500,000 shares Warrant Exercise Price: $0.40 for a one year period $0.50 in the second year Number of Placees: 42 placees Insider / Pro Group Participation: Insider=Y / Name ProGroup=P / No. of Shares Renee Garnett P 50,000 David Garnett P 50,000 Brock Daem P 11,000 Len Harris Y 25,000 Finder's Fee: Canaccord Capital Corporation will receive a finder's fee of 35,000 units with the same terms as the offering. Union Securities Ltd. will receive a finder's fee of $2,184.00. 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 ----------------------------------- AMORFIX LIFE SCIENCES LTD. ("AMF") BULLETIN TYPE: Property-Asset Acquisition BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company TSX Venture Exchange ('Exchange') has accepted for filing documentation with respect to a Technology License Agreement, dated February 1, 2006, between Amorfix Life Sciences Ltd. (the 'Company') and Dr. Neil Cashman, Director and Chief Scientific Officer of the Company. The Company has acquired an exclusive worldwide license to an invention titled 'A Disease-Specific Epitope for Superoxide Dismutase-1' (the 'Intellectual Property'). In consideration the Company has agreed to pay for initial patent filing costs and spend $300,000 over three years investigating the Intellectual Property. The Company also has a five-year option to purchase the Intellectual Property from Dr. Cashman for $100,000, payable in cash or in shares. Should the Company exercise its option to purchase the Intellectual Property in consideration of shares, further Exchange approval will be required. For further information please refer to the Company's news release dated February 2, 2006. TSX-X ----------------------------------- BRADMER PHARMACEUTICALS INC. ("BMR") (formerly Bradmer Pharmaceuticals Inc. ("BMR.P")) BULLETIN TYPE: Resume Trading, Qualifying Transaction-Completed/New Symbol, Consolidation, Company Tier Reclassification BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company The common shares of the Company have been halted from trading since October 4, 2005, pending review of its Qualifying Transaction. As a result of the completed Qualifying Transaction, effective at the open, February 16, 2005, trading in the shares of the Company will resume. TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Management Information Circular dated January 10, 2006. As a result, at the opening on Thursday, February 16, 2006, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following: Amalgamation Pursuant to the terms of a non arm's length Amalgamation Agreement dated January 9, 2006 between the Company and Blue Devil Pharmaceuticals Inc. ('Blue Devil'), the Company has completed its Qualifying Transaction by way of an amalgamation with Blue Devil. The terms of the amalgamation resulted in each former shareholder of the Company receiving 0.055147 new common shares for each one common share of the Company previously held. The former shareholders of Blue Devil received one new common share for each one common share of Blue Devil previously held. A total of 7,367,000 new common shares have been issued to former holders of Blue Devil common shares. Of this number, a total of 3,960,000 common shares are subject to a Tier 1 Value Security Escrow Agreement, which provides for staged releases over a period of 18 months. A further 275,735 new common shares of the Company remain subject to the original CPC Escrow Agreement, which shares will also be released in stages over the same 18-month period. For a complete description of the Qualifying Transaction, the related transactions, and the business of Blue Devil, please refer to the Company's Management Information Circular dated January 10, 2006, as filed on SEDAR (www.sedar.com). Consolidation Pursuant to a special resolution passed by shareholders of the Company at a special meeting held February 8, 2006, the Company has completed the amalgamation and as a result effectively consolidated its capital on a one (1) old for 0.055147 new basis. The name of the Company has not been changed. Effective at the opening Thursday, February 16, 2006, the common shares of Bradmer Pharmaceuticals Inc. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Research and Development of Pharmaceutical Products' company. The Exchange has been advised that the above transactions, approved by Shareholders on February 8, 2006, have been completed. Post - Amalgamation Capitalization: unlimited common shares with no par value of which 7,780,603 common shares are issued and outstanding Escrow: 4,235,735 common shares are subject to a TSX Venture Exchange Tier 1 Value Security Escrow Agreement, which provides for staged releases over a period of 18 months from the date of this bulletin. Specifically, 25% of the above-escrowed shares will be released from escrow on the date of this bulletin, with a 25% to be released on each six-month anniversary thereafter. Transfer Agent: Equity Transfer Services Inc. Trading Symbol: BMR same symbol as CPC but with .P removed CUSIP Number: 10463R 20 8 (new) Company Tier Reclassification In accordance with Policy 2.5, on completion of the Qualifying Transaction, the Company has met the requirements for a Tier 1 company. Therefore, effective Thursday, February 16, 2006, the Company's Tier classification will change from Tier 2 to: Classification Tier 1 Company Contact: Mr. Brian Brohman Company Address: 9900 Corporate Campus Drive, Suite 3000 Louisville, Kentucky 40223 Company Phone Number: (502) 657-6038 Company Fax Number: (502) 657-6039 TSX-X ----------------------------------- CANADA WEST CAPITAL INC. ("CW") ("CW.F") BULLETIN TYPE: Graduation BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company TSX Venture Exchange has been advised that the Company's Class A shares will be listed and commence trading on Toronto Stock Exchange at the opening on Friday, February 17, 2006 under the new name of Canadian Sub-Surface Energy Services Corp. and under the new symbol 'CSE'. As a result of this Graduation, there will be no further trading under the symbol 'CW' and 'CW.F' on TSX Venture Exchange after Thursday, February 16, 2006, and its shares will be delisted from TSX Venture Exchange at the commencement of trading on Toronto Stock Exchange. TSX-X ----------------------------------- CHINA DIAMOND CORP. ("CDC") BULLETIN TYPE: Remain Halted BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company Further to TSX Venture Exchange Bulletin dated January 17, 2006, effective at the opening February 16, 2006 trading in the shares of the Company will remain halted pending clarification of Company affairs. TSX-X ----------------------------------- EXMIN RESOURCES INC. ("EXM") BULLETIN TYPE: Halt BULLETIN DATE: February 15, 2006 TSX Venture Tier 1 Company Effective at 6:10 a.m. PST, February 15, 2006, 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 ----------------------------------- EXMIN RESOURCES INC. ("EXM") BULLETIN TYPE: Resume Trading BULLETIN DATE: February 15, 2006 TSX Venture Tier 1 Company Effective at 7:30 a.m., PST, February 15, 2006, shares of the Company resumed trading, an announcement having been made over Canada News Wire and StockWatch. TSX-X ----------------------------------- FLAGSHIP ENERGY INC. ("FG.A") ("FG.B") BULLETIN TYPE: Halt BULLETIN DATE: February 15, 2006 TSX Venture Tier 1 Company Effective at the opening PST, February 15, 2006, 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 ----------------------------------- FLAGSHIP ENERGY INC. ("FG.A") ("FG.B") BULLETIN TYPE: Resume Trading BULLETIN DATE: February 15, 2006 TSX Venture Tier 1 Company Effective at 12:00 p.m., PST, February 15, 2006, shares of the Company resumed trading, an announcement having been made over Canada News Wire. TSX-X ----------------------------------- FREEWEST RESOURCES CANADA INC. ("FWR") BULLETIN TYPE: Property-Asset Acquisition BULLETIN DATE: February 15, 2006 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing the documentation relating to a Property Option Agreement dated January 11, 2006, amongst Mr. Hub Mockler (the 'Vendor'), Murgor Resources Inc. ('Murgor') and Freewest Resources Canada inc. ('Freewest'), pursuant to which Freewest has been granted an option to acquire a 50% interest in 49 mining claims located in the Urban Township of Québec, formerly known as the Greenshield property. Murgor has been granted the option to acquire the remaining 50% interest in the property. Under the terms of the Agreement, the Company must make a cash payment of $20,000 and issue 100,000 common shares. The Vendor shall retain a 1% Net Smelter Royalty ('NSR') in the property, which can be bought back by Freewest and Murgor for $500,000. For further information please refer to the Company's press release dated February 3, 2006. RESSOURCES FREEWEST CANADA INC. (" FWR ") TYPE DE BULLETIN : Acquisition d'une propriété DATE DU BULLETIN : Le 15 février 2006 Société du groupe 1 de TSX Croissance Bourse de croissance TSX a accepté le dépôt de documents en vertu d'une convention d'option datée 11 janvier 2006, entre M. Hub Mockler (le " vendeur "), Murgor Resources Inc. (" Murgor ") et Freewest Resources Canada inc. (" Freewest "), selon laquelle Freewest a l'option d'acquérir un intérêt de 50 % dans 49 claims miniers situé dans le canton Urban au Québec, anciennement connu sous le nom de propriété Greenshield. Murgor a aussi l'option d'acquérir un intérêt de 50 % dans la propriété. Selon les termes de l'entente, la société doit payer 20 000 $ en espèces et émettre 100 000 actions ordinaires. Le vendeur conservera une royauté de 1 % du produit net de la vente des métaux dans la propriété, qui peut être racheté au montant de 500 000 $ par Freewest et Murgor. Pour plus d'information, veuillez référer au communiqué de presse émis par la société le 3 février 2006. TSX-X ----------------------------------- GLS GLOBAL ASSETS LTD. ("GLO") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 22, 2005: Number of Shares: 6,000,000 shares Purchase Price: $0.05 per share Number of Placees: 3 placees Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. TSX-X ----------------------------------- GOLDEN ODYSSEY MINING INC. ("GOE") BULLETIN TYPE: Property-Asset Agreement BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation pursuant to an arm's length lease agreement between Golden Odyssey Mining Inc. (the 'Company') and Nevada Eagle Resources LLC (the 'Lessor') wherein the Company has agreed to lease 100% of the Anchor property located in Eureka County, Nevada. The lease is further to an option which is being exercised by the Company. In consideration, the Company has agreed to issue to the Lessor a total of US$10,000 cash and 25,000 shares at a deemed price of $0.25. In addition, the Lessor will retain a 3% net smelter royalty, of which 2% may be repurchased at any time for a sum of $1,000,000 per percentage point, at the Company's option. TSX-X ----------------------------------- GOLD PORT RESOURCES LTD. ("GPO") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced January 9, 2006 and amended January 17, 2006: Number of Shares: 2,084,702 shares Purchase Price: $0.375 per share Warrants: 2,084,702 share purchase warrants to purchase 2,084,702 shares Warrant Exercise Price: $0.50 for a two year period Number of Placees: 25 placees Insider / Pro Group Participation: Insider=Y / Name ProGroup=P No. of Shares Jacqueline Chow P 50,000 Kerry Chow P 100,000 Finder's Fee: $45,000 cash and 180,000 warrants exercisable at $0.50 for two years, payable to Research Capital Corporation. 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 ----------------------------------- HAWK ENERGY CORP. ("HK.A") ("HK.B") BULLETIN TYPE: Halt BULLETIN DATE: February 15, 2006 TSX Venture Tier 1 Company Effective at the opening PST, February 15, 2006, 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 ----------------------------------- HAWK ENERGY CORP. ("HK.A") ("HK.B") BULLETIN TYPE: Resume Trading BULLETIN DATE: February 15, 2006 TSX Venture Tier 1 Company Effective at 9:00 a.m., PST, February 15, 2006, shares of the Company resumed trading, an announcement having been made over Canada News Wire. TSX-X ----------------------------------- HUNTINGDON REAL ESTATE INVESTMENT TRUST ("HNT.UN") BULLETIN TYPE: Notice of Distribution BULLETIN DATE: February 15, 2006 TSX Venture Tier 1 Company The Issuer has declared the following distribution: Distribution per Trust Unit: $0.02333 Payable Date: March 15, 2006 Record Date: February 28, 2006 Ex-Distribution Date: February 24, 2006 TSX-X ----------------------------------- IDG HOLDINGS INC. ("IDH") BULLETIN TYPE: Resume Trading BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company Effective at the opening, PST, February 15, 2006, shares of the Company resumed trading, an announcement having been made over CCNMatthews and StockWatch. TSX-X ----------------------------------- LANESBOROUGH REAL ESTATE INVESTMENT TRUST ("LRT.UN") BULLETIN TYPE: Notice of Distribution BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company The Issuer has declared the following distribution: Distribution per Trust Unit: $0.04667 Payable Date: March 15, 2006 Record Date: February 28, 2006 Ex-Distribution Date: February 24, 2006 TSX-X ----------------------------------- LARA EXPLORATION LTD. ("LRA") BULLETIN TYPE: Property-Asset Agreement BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing an Acquisition Agreement, dated November 30, 2005 (the 'Agreement'), between the Company, Quest Capital Corp. ('Quest') and Pan Brazilian Mineracao Ltda. ('Pan Brazilian') et al pursuant to which the Company has acquired one hundred percent (100%) of the issued and outstanding share capital of Pan Brazilian. Pan Brazilian, a private Brazilian company, holds the rights to nine prospective gold, nickel, copper and zinc properties in Brazil. The consideration payable to the shareholders of Pan Brazilian is primarily 3,000,000 common shares of the Company that will be transferred within escrow from Quest and subject to the same escrow terms as Quest. For further details, please refer to the Company's press release dated January 11, 2006. TSX-X ----------------------------------- LARA EXPLORATION LTD. ("LRA") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 11, 2006: Number of Shares: 5,000,000 shares Purchase Price: $0.50 per share Warrants: 5,000,000 share purchase warrants to purchase 5,000,000 shares. If after the four month re-sale restriction expires, the shares close at $1.05 or higher for 20 consecutive days, the Company may provide notice to the warrant-holders and shorten the exercise period to 20 days. Warrant Exercise Price: $0.75 for a two year period Number of Placees: 75 placees Insider / Pro Group Participation: Insider=Y / Name ProGroup=P / No. of Shares Exploration Capital Partners 2005 Limited Partnership Y 1,100,000 David Shepherd P 35,000 David Elliott P 35,000 Leanna Jiang P 35,000 Wendy Currie P 50,000 Miles Thompson Y 270,000 Andrea Shemilt P 25,000 Danelle Sinclair P 50,000 Sandra Nissen P 25,000 Nick DeMare Y 40,000 Sandra Lee Y 60,000 K. Peter Miller Y 17,500 Finder's Fee: 127,500 payable to Global Resource Investments 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 ----------------------------------- MAWSON RESOURCES LIMITED ("MAW") BULLETIN TYPE: Property-Asset Agreement BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing an agreement dated February 6, 2006 pursuant to which Mawson Resources Limited will pay a finder's fee of 20,000 shares to an arm's length party for introducing a joint venture partner to the Storbodsund project in Sweden. TSX-X ----------------------------------- NEWMAC RESOURCES INC. ("NER") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 7, 2006: Number of Shares: 80,000 shares Purchase Price: $0.50 per share Warrants: 40,000 share purchase warrants to purchase 40,000 shares Warrant Exercise Price: $0.62 for a one year period Number of Placees: 2 placees Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. (Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.) TSX-X ----------------------------------- NORTH AMERICAN GEM INC. ("NAG") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 25, 2006: Number of Shares: 2,450,000 flow through shares Purchase Price: $0.15 per share Warrants: 1,225,000 share purchase warrants to purchase 1,225,000 shares Warrant Exercise Price: $0.18 for a one year period $0.20 in the second year Number of Placees: 23 placees Insider / Pro Group Participation: Insider=Y / Name ProGroup=P / No. of Shares Kerry Chow P 150,000 Finder's Fee: Research Capital Corp. will receive 19,200 and 128,000 warrants, each exercisable for one share at a price of $0.18 per share in the first year and at a price of $0.20 per share in the second year. Bolder Investment Partners will receive $5,025 and 33,500 warrants, each exercisable for one share at a price of $0.18 per share in the first year and at a price of $0.20 per share in the second year. Northern Securities Inc. will receive $11,025 and 73,500 warrants, each exercisable for one share at a price of $0.18 per share in the first year and at a price of $0.20 per share in the second year. 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 ----------------------------------- ODYSSEY PETROLEUM CORP. ("ODE") BULLETIN TYPE: Warrant Term Extension BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company TSX Venture Exchange has consented to the extension in the expiry date of the following warrants: Private Placement: No. of Warrants: 4,000,000 Original Expiry Date of Warrants: March 17, 2006 New Expiry Date of Warrants: September 17, 2006 Exercise Price of Warrants: $0.40 These warrants were issued pursuant to a private placement conducted by Consolidated Odyssey Exploration Inc. which consisted of 8,000,000 shares with 4,000,000 non-transferable share purchase warrants attached, which was accepted for filing by the Exchange effective March 17, 2005. Private Placement: No. of Warrants: 1,500,000 Original Expiry Date of Warrants: March 7, 2006 New Expiry Date of Warrants: September 17, 2006 Exercise Price of Warrants: $0.58 These warrants were issued pursuant to a private placement conducted by U.S. Oil and Gas Resources Inc. which consisted of 3,000,000 pre-amalgamation shares with 3,000,000 pre-amalgamation non-transferable share purchase warrants attached, which was accepted for filing by the Exchange effective March 3, 2005. TSX-X ----------------------------------- PACIFIC RIDGE EXPLORATION LTD. ("PEX") BULLETIN TYPE: Property-Asset Acquisition BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation in connection with an Option/Joint Venture Proposal Letter Agreement dated January 24, 2006 between the Company and Kaminak Gold Corporation whereby the Company has been granted an option to acquire an initial 51% interest (with an option to increase to a 60% interest) in the Baker Uranium Project located near Baker Lake, Nunavut. To earn the initial 51%, the Company must issue 400,000 units of the Company in four stages of 100,000 units on execution of the agreement and within 12, 24 and 36 months. Each warrants is exercisable into common shares at an exercise determined in accordance with the market price at the time of the issuance of each tranche of the units. The first tranche will be exercisable at $0.22 per share. In addition the Company must incur exploration expenditures in the minimum amount of $250,000 in 2006, $500,000 in 2007 and $1,250,000 in 2008. The Company has an option to increase its interest to 60% by incurring an additional $1,000,000 in exploration expenditures by December 31, 2010. A joint venture will be formed when the Company earns its respective 51% or 60% working interest. TSX-X ----------------------------------- PLAYFAIR MINING LTD. ("PLY") BUCHANS RIVER LTD. ("BUV") BULLETIN TYPE: Property-Asset Agreement BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Companies TSX Venture Exchange has accepted for filing an option agreement dated January 5, 2006 between Playfair Mining Ltd. (the 'Company') and Buchans River Ltd. ('Buchans'), a TSX Venture Exchange listed company, whereby the Company will acquire a 100% interest in 23 mineral claims known as the Granite Lake Project located in Newfoundland. The Company and Buchans have a Director in common. Total consideration consists of 100,000 shares of the Company and $50,000 in work expenditures over a three year period, with $10,000 to be spent within the first year. In addition, Buchans retains the option to either, (a) a 3% net smelter return relating to the acquisition. The Company may at any time purchase up to 1.5% of the net smelter return for $500,000 per 0.5% in order to reduce the total net smelter return to 1.5%, or (b) within two years or upon expenditures of $300,000 by the Company, the option to purchase a 35% participating interest in the property back from the Company by paying the Company 65% of its expenditures at the date of purchase. TSX-X ----------------------------------- QWIP SYSTEMS INC. ("QWP") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 16, 2005: Number of Units: 5,534,600 Units (Each Unit consists of one common share and one share purchase warrant.) Purchase Price: $0.10 per Unit Warrants: 5,534,600 share purchase warrants to purchase 5,534,600 shares Warrant Exercise Price: $0.15 for a one year period, expiring on February 13, 2007 $0.30 for the subsequent year, expiring on February 13, 2008 Number of Placees: 21 placees Insider / Pro Group Participation: Insider=Y / Name ProGroup=P / No. of Units Neil E. McLennan Y 1,500,000 Margo K. Kaufmann Y 550,000 Steven D. Paquin P 150,000 Finder's Fee: 158,900 Finder's Units at a deemed price of $0.10 per Finder's Unit payable to Blackmont Capital Inc. The Finder's Units carry the same terms as the Units issued pursuant to the private placement. TSX-X ----------------------------------- ROMIOS GOLD RESOURCES INC. ("RG") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 14, 2005 and January 23, 2006: Number of Shares: 7,500,000 shares Purchase Price: $0.10 per share Warrants: 3,750,000 share purchase warrants to purchase 3,750,000 shares Warrant Exercise Price: $0.12 until February 8, 2007 Number of Placees: 44 placees Insider / Pro Group Participation: Insider=Y / Name ProGroup=P / No. of Shares Alan T. Rubinoff Y 100,000 Tom Drivas Y 805,040 Carl Von Einsiedel Y 250,000 Kirkham Geosystems Ltd. Y 100,000 (Garth Kirkham) Finder's Fee: $34,743 in cash and 104,555 common shares payable to eight (8) arms length finders. 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 February 9, 2006. TSX-X ----------------------------------- STRATECO RESOURCES INC. ("RSC") BULLETIN TYPE: Halt BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company Effective at the opening PST, February 15, 2006, 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 ----------------------------------- STRATECO RESOURCES INC. ("RSC") BULLETIN TYPE: Resume Trading BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company Effective at 9:15 a.m., PST, February 15, 2006, shares of the Company resumed trading, an announcement having been made over StockWatch. TSX-X ----------------------------------- THE BUFFALO OIL CORPORATION ("BFO") BULLETIN TYPE: Private Placement-Brokered BULLETIN DATE: February 15, 2006 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Brokered Private Placement announced January 13, 2006: Number of Shares: 454,546 flow-through Class A common shares Purchase Price: $2.20 per share Number of Placees: 36 placees Insider / Pro Group Participation: Insider=Y / Name ProGroup=P No. of Shares William A. Trickett Y 20,000 Edward Bogle Y 10,000 Trevor Penford Y 10,000 Agent: Northern Securities Inc. Agent's Commission: Cash - $65,000.08 Securities - warrants to acquire 29,545 Class A common shares at an exercise price of $2.20 per share until January 30, 2007 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). TSX-X ----------------------------------- VOLCANIC METALS EXPLORATION INC. ("VME") BULLETIN TYPE: Warrant Price Amendment, Warrant Term Extension BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company TSX Venture Exchange has consented to the reduction in the exercise price and extension in the expiry date of the following warrants: Private Placement: No. of Warrants: 3,900,000 Original Expiry Date of Warrants: March 4, 2006 New Expiry Date of Warrants: March 4, 2007 Original Exercise Price of Warrants: $0.35 New Exercise Price of Warrants: $0.30 These warrants were issued pursuant to a private placement of 3,900,000 shares with 3,900,000 non-transferable share purchase warrants attached, which was accepted for filing by the Exchange effective April 11, 2005. TSX-X ----------------------------------- WATERSAVE LOGIC CORPORATION ("WTS") BULLETIN TYPE: Remain Halted BULLETIN DATE: February 15, 2006 TSX Venture Tier 2 Company Further to TSX Venture Exchange Bulletin dated February 7, 2006, effective at 10:31 a.m., PST, February 15, 2006 trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Change of Business and/or Reverse Takeover pursuant to Listings Policy 5.2. TSX-X ----------------------------------- NEX COMPANIES DELORO RESOURCES LTD. ("DLL.H") BULLETIN TYPE: Short Form Offering Document-Accepted BULLETIN DATE: February 15, 2006 NEX Company The Company's Short Form Offering Document dated February 13, 2006 has been filed with and accepted by TSX Venture Exchange. Effective Date: February 15, 2006 Offering Expiry Date: 60 calendar days ending April 16, 2006 Agent: Octagon Capital Corporation Offering: A minimum of 4,000,000 Units, up to a maximum of 8,000,000 Units. Each Unit will be comprised of one common share and one-half of one non-transferable common share purchase warrant. Each whole warrant will entitle the holder to acquire one common share of the Issuer at a price of $0.40 per common share if exercised within 12 months of closing. Unit Price: $0.25 per Unit Agent's Options: Non-transferable Agent's Options to purchase Units equal to 10% of the number of Units sold pursuant to the Offering, for a period of 12 months following the closing of the Offering at a price of $0.25 per Unit. Agent's Commission: 10% cash of the gross proceeds received from the sale of the offered securities. Upon completion of the Offering, the Company will issue a news release confirming the number of shares issued and monies raised pursuant to this Offering. For further information, refer to the Company's Short Form Offering Document dated February 13, 2006 and the news release dated February 14, 2006. TSX-X ----------------------------------- IRON LAKE MINERALS INC. ("ILM.H") BULLETIN TYPE: Remain Halted BULLETIN DATE: February 15, 2006 NEX Company Further to TSX Venture Exchange Bulletin dated February 8, 2006, effective at 6:22 a.m., PST, February 15, 2006 trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Change of Business and/or Reverse Takeover pursuant to Listings Policy 5.2. TSX-X ----------------------------------- For further information: Market Information Services at 1-888-873-8392 or email: information@tsxventure.com
Source: newswire
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