VANCOUVER, Aug. 7 /CNW/ -
TSX VENTURE COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: August 6, 2008
TSX Venture Tier 2 Companies
A Cease Trade Order has been issued by the British Columbia Securities
Commission on August 6, 2008, against the following Companies for failing to
file the document indicated within the required time period:
Period
Ending
Symbol Company Failure to File (Y/M/D)
("FTI") FTI Foodtech Comparative financial statement 08/03/31
International Management discussion & analysis 08/03/31
Inc.
("IIE") Iciena Ventures Comparative financial statement 08/03/31
Inc. Management discussion & analysis 08/03/31
Upon revocation of the 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 companies during the
period of the suspension or until further notice.
TSX-X
-----------------------------
AMANTA RESOURCES LTD. ("AMH")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: August 7, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced August 1, 2008:
Convertible Debenture $700,000
Conversion Price: Convertible into 3,500,000 common shares at a
price of $0.20 per share and 3,500,000 share
purchase warrants that are exercisable into
common shares at $0.20 per share for a two year
period.
Maturity date: July 15, 2010
Interest rate: Prime plus 1% (as determined by HSBC Bank) per
annum
Number of Placees: 1 placee
Insider / Pro Group Participation:
Insider equals Y /
Name ProGroup equals P / Principal Amount
Torakit Investments Ltd.
(Patcharee Pokham) Y $700,000
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.
TSX-X
-----------------------------
ANGLO SWISS RESOURCES INC. ("ASW")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: August 7, 2008
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: 5,352,500
Original Expiry Date of
Warrants: August 10, 2008
New Expiry Date of
Warrants: February 10, 2009
Exercise Price of
Warrants: $0.20
These warrants were issued pursuant to a private placement of 10,705,000
flow-through shares with 5,352,500 share purchase warrants attached, which was
accepted for filing by the Exchange effective August 17, 2007.
TSX-X
-----------------------------
BLING CAPITAL CORP ("BLI.P")
BULLETIN TYPE: CPC-Filing Statement
BULLETIN DATE: August 7, 2008
TSX Venture Tier 2 Company
Effective July 3, 2008, TSX Venture Exchange has accepted for filing the
Company's CPC Filing Statement dated June 30, 2008, for the purpose of filing
on SEDAR.
TSX-X
-----------------------------
BOLD VENTURES INC. ("BOL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 7, 2008
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 July 29, 2008:
Number of Shares: 1,200,000 flow-through shares
Purchase Price: $0.35 per share
Warrants: 600,000 share purchase warrants to purchase
600,000 shares
Warrant Exercise Price: $0.40 for an 18-month period
Number of Placees: 3 placees
Finder's Fee: Limited Market Dealer Inc. and Pope & Company
will each receive $16,800 each and 60,000
Options to acquire 60,000 units each at a price
of $0.35 per unit 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. 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
-----------------------------
BONAVENTURE ENTERPRISES INC. ("BVT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 7, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation in connection
with the Letter of Intent dated December 15, 2003 between the Company and
MinQuest, Inc. (Richard Kern and Herb Duerr) whereby the Company was granted
an option to purchase a 100% interest in the Northern Lights Property located
in Mineral County, Walker Mountain Region, Nevada. Consideration is:
1. Reimbursement of expenses of US$15,000;
2. Commitment to the actual costs of claim filing of an estimated cost
of US$250 per claim; and
3. Minimum work commitments of US$50,000 in the first phase of
exploration or within the first year, US$100,000 for the second phase
or within the second year, US$250,000 for the third phase or third
year and US$300,000 per year thereafter until a bankable feasibility
study has been completed.
The Company will assume all carrying costs of the Property estimated at
$15,000.
TSX-X
-----------------------------
CANASIL RESOURCES INC. ("CLZ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 7, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced June 19, 2008:
Number of Shares: 800,000 shares
Purchase Price: $0.25 per share
Warrants: 400,000 share purchase warrants to purchase
400,000 shares
Warrant Exercise Price: $0.35 for a one year period. The warrants are
subject to an accelerated exercise provision if
commencing six months after closing, the
closing price of the Company's shares equals or
exceeds $0.75 per share for a period of 10
consecutive trading days.
Number of Placees: 7 placees
Insider / Pro Group Participation:
Insider equals Y /
Name ProGroup equals P / No. of Shares
Discovery Resource Corp.
(Gary Nordin) Y 160,000
Kerry Spong Y 25,000
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
-----------------------------
Desmarais Energy Corporation ("DES")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 7, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced July 17 and August 1, 2008:
Number of Shares: 3,000,000 Units
(Each Unit consists of one common share and one
share purchase warrant.)
Purchase Price: $0.13 per Unit
Warrants: 3,000,000 share purchase warrants to purchase
3,000,000 shares
Warrant Exercise Price: $0.17 for a period of 24 months from the
closing date
Number of Placees: 10 placees
Insider / Pro Group Participation:
Insider equals Y /
Name ProGroup equals P / No. of Units
James G. Feeney Y 100,000
James G. Long Y 100,000
Mary Ellen Robinson Y 200,000
Robert A. Weddell Y 100,000
TSX-X
-----------------------------
ENERGULF RESOURCES INC. ("ENG")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 7, 2008
TSX Venture Tier 2 Company
Effective at the open, August 7, 2008, shares of the Company resumed
trading, an announcement having been made over StockWatch.
TSX-X
-----------------------------
HTN INC. ("HET")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: August 7, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue shares to settle outstanding debt for $120,000.
Number of Creditors: 1 Creditor
No Insider / Pro Group Participation
The Company shall issue a news release when the shares are issued and the
debt extinguished.
TSX-X
-----------------------------
INSIGNIA ENERGY LTD. ("ISN")
(formerly Flagship Energy Inc. ("FG.A")("FG.B"))
BULLETIN TYPE: Resume Trading, Reverse Takeover-Completed, Private
Placement-Non-Brokered, Shares for Debt, Name Change
BULLETIN DATE: August 7, 2008
TSX Venture Tier 1 Company
The common shares of the Company have been halted from trading since
July 31, 2008, pending review of its Reverse Takeover ("RTO"). As a result of
the completed RTO, effective at the open, August 8, 2008, trading in the
shares of the Company will resume.
The TSX Venture Exchange has accepted for filing the Company's RTO, which
includes the following transactions:
Reverse Take-Over - Completed
TSX Venture Exchange has accepted for filing the Company's arm's length
RTO as described in its Information Circular dated June 30, 2008. The RTO
involves a Plan of Arrangement ("Arrangement") between the Company, Insignia
Energy Inc. (" Old Insignia") and Tricap Partners Ltd. Pursuant to the
Arrangement:
(a) the Company acquired substantially all of the assets and assumed all
of the liabilities of Old Insignia;
(b) a new class of common shares of the Company ("New Insignia Shares")
were created;
(c) holders of the Company's class A shares received one New Insignia
Share for each 100 class A shares of the Company held;
(d) holders of Company's class B shares received 10 New Insignia Shares
for each 100 class B shares of the Company held;
(e) holders of Old Insignia shares received 15.85 New Insignia Shares for
each 100 shares of Old Insignia held;
(f) share purchase warrants were issued to the former holders of the
Company's class A shares and class B shares, on the basis of 1.7694
warrants for each New Insignia Share issued to such holders under the
Arrangement. These warrants entitle the holder to acquire 1 New
Insignia Share at a price of $6.80 per New Insignia Share prior to
the 35th day following the closing of the Arrangement; and
(g) share purchase warrants were issued to the holders of Old Insignia
shares on the basis of 0.3576 warrants for each New Insignia Share
issued to such holders under the Arrangement. These warrants entitle
the holder to acquire 1 New Insignia Share at a price of $6.80 per
New Insignia Share prior to the 35th day following the closing of the
Arrangement.
The former shareholders of Old Insignia were issued 4,112,040 New Insignia
Shares at a deemed price of $6.80 per share. 971,988 of the New Insignia
Shares issued to the former shareholders of Old Insignia will be subject to a
TSX Venture Exchange Tier 1 Value Security escrow agreement.
The Exchange has been advised that the above transactions, approved by
shareholders on July 30, 2008, have been completed.
Insider / Pro Group Participation:
Insider equals Y /
Name ProGroup equals P / No. of Shares
Jeff Newcommon Y 195,660
Glen Fisher Y 174,476
Steven Mackay Y 166,554
David Ambediam Y 31,700
Chris Slubicki Y 72,054
Jeff Errico Y 301,429
Sandra Cowan Y 15,850
Stephen Cohen Y 7,925
Brenda Hughes Y 6,340
Private Placement-Non-Brokered
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced June 3, 2008:
Number of Shares: 2,205,882 shares
Purchase Price: $6.80 per share
Number of Placees: 1 placee
Insider / Pro Group Participation:
Insider equals Y /
Name ProGroup equals P / No. of Shares
Tricap Partners Ltd. Y 2,205,882
Shares for Debt
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 3,970,589 shares to settle outstanding debt of $27,000,000.
Number of Creditors: 1 Creditor
Insider / Pro Group Participation:
Insider equals Y / Amount Deemed Price No. of
Creditor ProGroup equals P / Owing per Share Shares
Tricap
Partners
Ltd. Y $27,000,000 $6.80 3,970,589
Name Change
Pursuant to a resolution passed by shareholders on July 30, 2008 approving
the Arrangement, the Company has changed its name as follows. As a result of
the Arrangement, the Company is effectively consolidating the class A shares
on a 100 old for 1 new basis and effectively consolidating the class B shares
on a 10 old for 1 new basis.
Effective at the opening on August 8, 2008, the common shares of Insignia
Energy Ltd. will commence trading on TSX Venture Exchange, and the class A
shares and class B shares of Flagship Energy Inc. will be delisted.
The Company is classified as an 'oil and natural gas exploration and
development' company.
For a complete description of the RTO, the related transactions, and the
business of Insignia Energy Ltd. please refer to the Information Circular of
the Company dated June 30, 2008, as filed on SEDAR.
Capitalization: Unlimited shares with no par value of which
11,119,633 shares are issued and outstanding
Escrow: 7,148,459 shares
Transfer Agent: Valiant Trust Company
Trading Symbol: ISN (new)
CUSIP Number: 45790F 10 5 (new)
Company Contact: Jeff Newcommon
Company Address: 2300, 500 - 4th Avenue S.W.
Calgary, Alberta T2P 2V6
Company Phone Number: (403) 536 - 8138
Company Fax Number: (403) 514 - 6940
TSX-X
-----------------------------
KINGSMILL CAPITAL VENTURES II INC. ("KII.P")
BULLETIN TYPE: Halt
BULLETIN DATE: August 7, 2008
TSX Venture Tier 2 Company
Effective at 10:29 a.m. PST, August 7, 2008, 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
-----------------------------
KREE TECH INTERNATIONAL CORPORATION ("KT.H")
(formerly Kree Tech International Corporation ("KT"))
BULLETIN TYPE: Suspend, Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE: August 7, 2008
TSX Venture Tier 1 Company
Further to the TSX Venture Exchange Bulletin dated July 22, 2008,
effective at the open, August 8, 2008, trading in the shares of the Company
will be suspended for failure to meet Exchange Requirements.
In accordance with TSX Venture Policy 2.5, the Company has not maintained
the requirements for a TSX Venture Tier 1 company. Therefore, effective
Friday, August 8, 2008, the Company's listing will transfer to NEX, the
Company's Tier classification will change from Tier 1 to NEX, and the Filing
and Service Office will change from Montreal to NEX.
As of August 8, 2008, the Company is subject to restrictions on share
issuances and certain types of payments as set out in the NEX policies.
The trading symbol for the Company will change from KT to KT.H. There is
no change in the Company's name, no change in its CUSIP number and no
consolidation of capital. The symbol extension differentiates NEX symbols from
Tier 1 or Tier 2 symbols within the TSX Venture market.
Members are prohibited from trading in the securities of the Company
during the period of the suspension or until further notice.
TSX-X
-----------------------------
LABRADOR TECHNOLOGIES INC. ("LTX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 7, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced May 26, 2008:
Number of Shares: 600,000 common shares
Purchase Price: $0.25 per share
Warrants: 300,000 warrants to purchase 300,000 common
shares
Exercise Price: $0.45 for a period of one year
Number of Placees: 4 placees
No Insider / Pro Group Participation
Finder: Louis Caron
Finder's Fee: 45,000 Units at a price of $0.25 per Unit
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s).
TSX-X
-----------------------------
MARKSMEN CAPITAL INC. ("MKS.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: August 7, 2008
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Prospectus dated July 21, 2008 has
been filed with and accepted by TSX Venture Exchange and the Ontario, British
Columbia and Alberta Securities Commissions effective July 23, 2008, pursuant
to the provisions of the Ontario, British Columbia and Alberta Securities
Acts. The Common Shares of the Company will be listed on TSX Venture Exchange
on the effective date stated below.
The Company has completed its initial distribution of securities to the
public. The gross proceeds received by the Company for the Offering were
$200,200 (1,430,000 common shares at $0.14 per share).
Commence Date: At the opening August 8, 2008, the Common
shares will commence trading on TSX Venture
Exchange.
Corporate Jurisdiction: British Columbia
Capitalization: unlimited common shares with no par value of
which
3,090,000 common shares are issued and
outstanding
Escrowed Shares: 1,660,000 common shares
Transfer Agent: Equity Transfer & Trust Company
Trading Symbol: MKS.P
CUSIP Number: 570728 10 5
Sponsoring Member: Canaccord Capital Corp.
Agent's Options: 143,000 non-transferable stock options. One
option to purchase one share at $0.14 per share
up to 24 months.
For further information, please refer to the Company's Prospectus dated
July 21, 2008.
Company Contact: Daniel Mechis
Company Address: Suite 401 - 1113 Jade Court
Thunder Bay, Ontario P7B 6M7
Company Phone Number: (807) 766-3401
Company Fax Number: (807) 346-0100
Company Email address: marksmencapital@tbaytel.net
TSX-X
-----------------------------
O2 CAPITAL INC. ("OCA.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: August 7, 2008
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Prospectus dated June 17, 2008 has
been filed with and accepted by TSX Venture Exchange and the British Columbia
and Alberta Securities Commissions effective June 18, 2008, pursuant to the
provisions of the British Columbia and Alberta Securities Acts. The Common
Shares of the Company will be listed on TSX Venture Exchange on the effective
date stated below.
The Company has completed its initial distribution of securities to the
public. The gross proceeds received by the Company for the Offering were
$225,000 (1,500,000 common shares at $0.15 per share).
Commence Date: At the opening August 8, 2008, the Common
shares will commence trading on TSX Venture
Exchange.
Corporate Jurisdiction: Alberta
Capitalization: unlimited common shares with no par value of
which
2,833,333 common shares are issued and
outstanding
Escrowed Shares: 1,333,333 common shares
Transfer Agent: Equity Transfer & Trust Company
Trading Symbol: OCA.P
CUSIP Number: 67107B 10 6
Sponsoring Member: Canaccord Capital Corp.
Agent's Options: 150,000 non-transferable stock options. One
option to purchase one share at $0.15 per share
up to 24 months.
For further information, please refer to the Company's Prospectus dated
June 17, 2008.
Company Contact: Omar Ladak
Company Address: 205 - 1075 Marine Drive
North Vancouver BC,
Company Phone Number: (778) 997-1157
Company Fax Number: n/a
Company Email Address: n/a
TSX-X
-----------------------------
PINNACLE MINES LTD. ("PNL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Amendment
BULLETIN DATE: August 7, 2008
TSX Venture Tier 2 Company
Further the bulletin dated June 11, 2008, TSX Venture Exchange has
accepted a Financial Advisory Services Agreement dated February 13, 2008
between Pinnacle Mines Ltd. (the 'Company') and Haywood Securities Inc. In
consideration for services provided in connection with the Company's increased
ownership in the Silver Coin Property, Haywood will receive an additional
93,750 units, each consisting of one share with a deemed price of $0.20 per
share and one half of one share purchase warrant, where each whole warrant is
exercisable for one additional share at a price of $0.30 per share for a one
year period.
TSX-X
-----------------------------
PRELIM CAPITAL INC. ("PLM.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 7, 2008
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletins dated May 2, 2008 and May 5,
2008 and the Company press releases dated May 5, 2008 and July 22, 2008,
effective at the open Friday, August 8, 2008, the common shares of the Company
will resume trading, its proposed Qualifying Transaction having been
terminated.
TSX-X
-----------------------------
QUATERRA RESOURCES INC. ("QTA")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: August 7, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 8,539 shares at a deemed price of $2.635 per share in consideration of
certain financial and advisory services provided to the company pursuant to an
agreement dated April 15, 2008.
The Company shall issue a news release when the shares are issued.
TSX-X
-----------------------------
SEAMILES LIMITED ("SEE")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: August 7, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 190,000 shares at a deemed value of US$2.00 per share to settle
outstanding debt for US$380,000.
Number of Creditors: 8 Creditors
Insider / Pro Group Participation:
Insider equals Y / Amount Deemed Price
Creditor Progroup equals P Owing per Share No. of Shares
Stephen
Miller Y US$127,000 US$2.00 63,500
Steven
Wise Y US$68,000 US$2.00 34,000
The Company shall issue a news release when the shares are issued and the
debt extinguished.
TSX-X
-----------------------------
Shear Minerals Ltd. ("SRM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 7, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to an
Option Agreement dated June 26, 2008 (the "Agreement") whereby, Shear Minerals
Ltd. (the "Company"), will acquire an option to acquire 51% of rights to
potash found in the Rattlesnake North Property. In consideration, the company
will pay $25,000 and issue 200,000 common shares at $0.30 per share.
TSX-X
-----------------------------
UNIVERSAL POWER CORP. ("UNX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 7, 2008
TSX Venture Tier 2 Company
Effective at the open, August 7, 2008, shares of the Company resumed
trading, an announcement having been made over StockWatch.
TSX-X
-----------------------------
UNIVERSAL URANIUM LTD. ("UUL")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: August 7, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation of a Purchase
and Sale Agreement dated July 29, 2008 between the Issuer and Crosshair
Exploration and Mining Corp. (the purchaser, "Crosshair") whereby the Issuer
has disposed of a 60% interest in 4,737 claims in the Labrador Central Mineral
Belt and an assignment of the Issuer's rights in a property acquisition
agreement dated January 23, 2006 between the Issuer and Silver Spruce
Resources Inc. (collectively, the "Property").
The consideration payable to the Issuer is $500,000; 10,000,000 common
shares of Crosshair and 7,500,000 warrants exercisable at $1.00 per share for
a period of three years.
The Issuer will retain a 2% Net Smelter return royalty.
TSX-X
-----------------------------
UNIVERSAL URANIUM LTD. ("UUL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 7, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced May 20, 2008:
Number of Shares: 2,222,222 shares
Purchase Price: $0.45 per share
Warrants: 2,222,222 share purchase warrants to purchase
2,222,222 shares
Warrant Exercise Price: $0.65 for a two year period
Number of Placees: 1 placee
Finder's Fee: 155,555 common shares 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
-----------------------------
VISIPHOR CORPORATION ("VIS")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: August 7, 2008
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced March 13, 2008:
Convertible Debenture $1,750,000
Conversion Price: Convertible into common shares at $0.10 of
principal outstanding in year one, at $0.10 in
year two, at $0.11 in year three, at $0.12 in
year four, and at $0.13 in year five.
Maturity date: Five years from the date of issuance
Interest rate: 8% per annum
Number of Placees: 1 placee
Insider / Pro Group Participation:
Insider equals Y /
Name ProGroup equals P / Principal Amount
Quorum Investment Pool
Ltd. Partnership Y $1,750,000
Finder's Fee: 3% transaction fee payable in cash to QFC 1 LP.
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
-----------------------------
YOW CAPITAL CORP. ("YOW.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: August 7, 2008
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated August 6, 2008, effective
at 10:38 a.m. PST, August 7, 2008 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
-----------------------------
NEX COMPANIES
BULLETIN TYPE: Listing Maintenance Fee-Delist
BULLETIN DATE: August 7, 2008
NEX Company
Effective at the close of business on Thursday, August 7, 2008, and in
accordance with NEX Policy, section 15, the following companies' securities
will be delisted from NEX, for failure to pay their quarterly NEX Listing
Maintenance Fee. Prior to delisting, these companies' securities were subject
to a suspension from trading.
--------------------------------------------------
Symbol Company Name
--------------------------------------------------
IDE.H INTERNATIONAL STARTECK INDUSTRIES LTD.
--------------------------------------------------
TSX-X
-----------------------------
BORDER PETROLEUM INC. ("BOP.H")
BULLETIN TYPE: Halt
BULLETIN DATE: August 7, 2008
NEX Company
Effective at 7:32 a.m. PST, August 7, 2008, 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
-----------------------------
CLYDESDALE RESOURCES INC. ("CLX.H")
(formerly Delray Ventures Inc. ("DLY.H"))
BULLETIN TYPE: Name Change
BULLETIN DATE: August 7, 2008
NEX Company
Pursuant to a resolution passed by shareholders January 16, 2008, the
Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening August 8, 2008, the common shares of Clydesdale
Resources Inc. will commence trading on TSX Venture Exchange, and the common
shares of Delray Ventures will be delisted. The Company is classified as a
'Mining' company.
Capitalization: Unlimited shares with no par value of which
12,133,475 shares are issued and outstanding
Escrow: Nil shares
Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: CLX.H (new)
CUSIP Number: 18972D 10 7 (new)
TSX-X
-----------------------------
ContactsMarket Information Services at 1-888-873-8392 or email: information@venture.com
