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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Aldever Resources Inc | TSXV:ALD | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.04 | 0.04 | 0.10 | 0 | 00:00:00 |
TSX VENTURE COMPANIES BULLETIN TYPE: Cease Trade Order BULLETIN DATE: November 27, 2009 TSX Venture Tier 2 Company A Cease Trade Order has been issued by the British Columbia Securities Commission on November 27, 2009, against the following Company for failing to file the documents indicated below: Symbol Company Failure to File ("GTC") Getty Copper Inc. Technical Report 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 company during the period of the suspension or until further notice. TSX-X ----------------------------------------------------------------------- ABBASTAR RESOURCES CORP. ("ABA") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: November 30, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 4, 2009 and November 27, 2009: Number of Shares: 1,000,332 flow-through shares Purchase Price: $0.30 per share Number of Placees: 9 placees Insider / Pro Group Participation: Insider=Y / Name ProGroup=P / # of Shares Barry Allan P 166,667 Scott Cathcart P 83,333 Aubrey Eveleigh Y 83,333 John Eymann P 85,000 Matthew Skipp P 166,666 Finder's Fee: Research Capital Corporation will receive a fee of $9,975.00. 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 ----------------------------------------------------------------------- ABODE MORTGAGE HOLDINGS CORP. ("ABD") BULLETIN TYPE: Halt BULLETIN DATE: November 30, 2009 TSX Venture Tier 2 Company Effective at the opening, November 30, 2009, 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 ----------------------------------------------------------------------- ABODE MORTGAGE HOLDINGS CORP. ("ABD") BULLETIN TYPE: Resume Trading BULLETIN DATE: November 30, 2009 TSX Venture Tier 2 Company Effective at 8:30 a.m. PST, November 30, 2009, shares of the Company resumed trading, an announcement having been made over Marketwire. TSX-X ----------------------------------------------------------------------- ALDERON RESOURCE CORP. ("ALD") BULLETIN TYPE: Halt BULLETIN DATE: November 30, 2009 TSX Venture Tier 2 Company Effective at the opening, November 30, 2009, 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 ----------------------------------------------------------------------- AMATO EXPLORATION LTD. ("AMT") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: November 30, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to the first tranche a Non-Brokered Private Placement announced October 20, 2009: Number of Shares: 1,775,000 shares Purchase Price: $0.50 per share Warrants: 887,500 share purchase warrants to purchase 887,500 shares Warrant Exercise Price: $0.75 for a two year period. The warrants are subject to an accelerated exercise provision in the event the Company's shares trade at the greater of $1.00 for 20 consecutive trading days. Number of Placees: 38 placees Insider / Pro Group Participation: Insider=Y / Name ProGroup=P / # of Shares Martin Stoyko P 5,000 Douglas Hawkes P 10,000 Sarasin Capital LP (Michael Sheridan) P 200,000 Finder's Fee: Wolverton Securities Ltd. will receive an 8% cash commission of $71,000, a Corporate Finance Fee of $20,000 plus GST and 8% payable in 142,000 Agent's Options that are exercisable into units at $0.50 per unit. The underlying units have the same terms as the offering. 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 ----------------------------------------------------------------------- CABO DRILLING CORP. ("CBE") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: November 30, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 2, 2009 and November 12, 2009: Number of Shares: 7,273,333 shares Purchase Price: $0.12 per share Warrants: 3,636,667 share purchase warrants to purchase 3,636,667 shares Warrant Exercise Price: $0.15 for a two year period Number of Placees: 28 placees Insider / Pro Group Participation: Insider=Y / Name ProGroup=P / # of Shares Guido E. Pas P 210,000 John A. Versfelt Y 94,500 Thomas Oliver Y 208,500 Robin J. Preston Y 167,000 D. Alex Caldwell Y 30,000 Calvin Lucyshyn Y 45,000 Michael Seager P 25,000 Finder's Fee: An aggregate of $52,564 and 438,033 broker warrants payable to Loeb Aron & Company Ltd. and Varela Consulting Group S.A. Each broker warrant is exercisable into one common share and one common share purchase warrant at a price of $0.12 for a two year period. Each warrant is further exercisable into one common share at a price of $0.15 for a period of two years. 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 ----------------------------------------------------------------------- CANALASKA URANIUM LTD. ("CVV") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: November 30, 2009 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced November 17, 2009: Number of Shares: 2,380,000 flow-through shares Purchase Price: $0.21 per share Warrants: 1,190,000 share purchase warrants to purchase 1,190,000 shares Warrant Exercise Price: $0.28 for an 18-month period Number of Placees: 1 placee Finder's Fee: Sandfire Securities Inc. will receive a 5% cash finder's fee of $24,990.00 and 5% payable in 119,000 Warrants that are exercisable into common shares at $0.28 per share for an 18-month period. Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. 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 ----------------------------------------------------------------------- ENCANTO POTASH CORP. ("EPO") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: November 30, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 10, 2009: Number of Shares: 4,761,910 shares Purchase Price: $0.21 per share Warrants: 2,380,954 share purchase warrants to purchase 2,380,954 shares Warrant Exercise Price: $0.35 for a two year period Number of Placees: 27 placees Insider / Pro Group Participation: Insider=Y / Name ProGroup=P / # of Shares Paul DiPasquale P 100,000 Peter Brown P 476,190 Gordon Keep Y 250,000 Tyler Cran Y 250,000 Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term. TSX-X ----------------------------------------------------------------------- ERIN VENTURES INC. ("EV") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: November 30, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 22, 2009: Number of Shares: 6,000,000 shares Purchase Price: $0.05 per unit Warrants: 6,000,000 share purchase warrants to purchase 6,000,000 shares Warrant Exercise Price: $0.10 for a one year period $0.20 in the second year Number of Placees: 27 placees Insider / Pro Group Participation: Insider=Y / Name ProGroup=P / # of Units CAT Brokerage AG (M. Berchtold) P 500,000 Mo Fazil P 250,000 Blair Fallis Y 420,000 Ray Martin P 100,000 Finder's Fee: Research Capital Corporation - $2,062.50 cash 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 ----------------------------------------------------------------------- FANCAMP EXPLORATION LTD. ("FNC") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: November 30, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 26, 2009: Number of Shares: 900,000 shares Purchase Price: $0.50 per share Warrants: 450,000 share purchase warrants to purchase 450,000 shares Warrant Exercise Price: $0.75 for a two year period Number of Placees: 6 placees Insider / Pro Group Participation: Insider=Y / Name ProGroup=P / # of Shares Peter H. Smith Y 50,000 Finder's Fee: $42,500 cash payable to Raymond James 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. TSX-X ----------------------------------------------------------------------- INTERNATIONAL TOWER HILL MINES LTD. ("ITH") BULLETIN TYPE: Graduation BULLETIN DATE: November 30, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has been advised that the Company's shares will be listed and commence trading on the Toronto Stock Exchange at the opening on Tuesday, December 1, 2009, under the symbol "ITH". As a result of this Graduation, there will be no further trading under the symbol "ITH" on TSX Venture Exchange after Monday, November 30, 2009, and its shares will be delisted from TSX Venture Exchange at the commencement of trading on Toronto Stock Exchange. TSX-X ----------------------------------------------------------------------- KIRRIN RESOURCES INC. ("KYM") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: November 30, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 9, 2009: Number of Shares: 2,060,000 shares Purchase Price: $0.10 per unit Warrants: 1,030,000 share purchase warrants to purchase 1,030,000 shares Warrant Exercise Price: $0.15 for a one year period $0.20 in the second year Number of Placees: 17 placees Insider / Pro Group Participation: Insider=Y / Name ProGroup=P / # of Units Pinetree Resource Partnership Y 500,000 Annie Chan P 50,000 Finder's Fee: First Canadian Place - $7,940 cash and 103,000 Agent's Options Canaccord 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 ----------------------------------------------------------------------- MANDALAY RESOURCES CORPORATION ("MND") BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Private Placement-Non-Brokered BULLETIN DATE: November 30, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation pertaining to an Amended and Restated Share Purchase Agreement between Mandalay Resources Corporation (the "Company") and Cambrian Mining Limited ("Cambrian"), whereby the Company has purchased all of the issued and outstanding shares of AGD Mining Pty Ltd., an Australian Corporation from Cambrian. In partial consideration, the Company will issue to Cambrian the following: 1. 44,000,000 Mandalay Shares; 2. Series 1 Warrants to purchase 20,000,000 Mandalay Shares at a price of $0.31 per Mandalay Share; and 3. Series 2 Warrants to purchase 20,000,000 Mandalay Shares at a price of $0.465 per Mandalay Share. Insider / Pro Group Participation: Insider=Y / Name ProGroup=P # of Shares Cambrian Mining Limited Y 44,000,000 The following are Insiders of Cambrian: - Western Coal Corp. - John Byrne - John Conlon - Gordon Watts - Ann Cederholm - Marcelin O'Neill - John Brodie - Robert Chase - John Hogg - Charles Pitcher - Julian Treger - Dan Stickel - Craig Dirk - Braam Jonker - William Burton - Robert Bays - Greg Jones - Kathleen Pomeroy TSX Venture Exchange has accepted for filing documentation with respect to the second and final tranche of a Non-Brokered Private Placement announced September 24, 2009 and amended November 3, 2009: Number of Shares: 24,400,000 shares Purchase Price: $0.25 per share Warrants: 24,400,000 share purchase warrants to purchase 24,400,000 shares Warrant Exercise Price: $0.465 for a five year period Number of Placees: 49 placees Insider / Pro Group Participation: Insider=Y / Name ProGroup=P / # of Shares 1662287 Ontario Inc. (John Conlon) Y 1,600,000 Marcelin O'Neill Y 240,000 Log II Systems Inc. (Gordon Watts) Y 100,000 Cat Brokerage AG P 260,000 Dana Gilman P 400,000 Dennis Bleifuss P 10,000 Elina Ayzenberg P 12,000 John Hogg Y 100,000 Robert Chase Y 100,000 Charles Pitcher Y 100,000 A.H. Jonker & M.D.E. Jonker Y 200,000 Kings Chapel International Limited (Julian Tregger) Y 3,000,000 Plinian Capital Ltd. (Bradford A. Mills) Y 4,000,000 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 ----------------------------------------------------------------------- MICROPLANET TECHNOLOGY CORP. ("MP") BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s BULLETIN DATE: November 30, 2009 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 2, 2009: Convertible Debenture: $2,737,000 Conversion Price: Convertible into common shares at a price of $0.17 per share Maturity date: Two years from the date of issuance Interest rate: 12% per annum payable semi-annually in arrears Number of Placees: 12 placees Insider / Pro Group Participation: Insider=Y / Name ProGroup=P / Principal Amount Calafate Holdings Ltd. (Myron Tetrault) Y $125,000 Brett Ironside Y $375,000 Brett Ironside Family Trust Y $175,000 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). TSX-X ----------------------------------------------------------------------- NEXTRACTION ENERGY CORP. ("NE") BULLETIN TYPE: Private Placement-Non-Brokered, Correction BULLETIN DATE: November 30, 2009 TSX Venture Tier 2 Company Further to TSX Venture Exchange Amendment Bulletin dated November 26, 2009 the Company has advised that the following name disclosed under Insider/Pro Participation is corrected, all other information remains unchanged: Insider / Pro Group Participation: Insider=Y / Name ProGroup=P / # of Shares Scott Astle P 10,000 TSX-X ----------------------------------------------------------------------- QHR TECHNOLOGIES INC. ("QHR") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: November 30, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for expedited filing documentation pertaining to a Asset Purchase Agreement dated November 17, 2009, and made effective July 2, 2009, between QHR Technologies Inc. (the 'Company'), its proposed wholly-owned subsidiary, Cloudwerx Data Solutions Inc. and SEBO Systems Inc.,('SEBO'), its parent company Cedarbridge Holdings Ltd. (Sean Renwick, Bob Kitella), pursuant to which the Company is acquiring from SEBO hardware to provide data hosting and data storage services to the healthcare market. In consideration, the Company will issue 700,000 shares. TSX-X ----------------------------------------------------------------------- RADIANT ENERGY CORPORATION ("RDT") BULLETIN TYPE: Shares for Bonuses BULLETIN DATE: November 30, 2009 TSX Venture Tier 2 Company The TSX Venture Exchange (the "Exchange") has accepted for filing loan documentation dated November 30, 2009, between Radiant Energy Corporation (the "Company") and Hara Enterprises and 954740 Ontario Ltd. (collectively, the "Lenders"), pursuant to which the Lenders have provided a loan $374,000 (the "Loan"). The Loan has a term of two years with interest of 12% per annum. Additionally, the Exchange has accepted for filing the Company's proposal to issue bonus shares to the following insiders in connection with the Loan: Shares Hara Enterprises Limited (Gregory O'Hara) 748,000 954740 Ontario Ltd. (John Marsh) 748,000 TSX-X ----------------------------------------------------------------------- ROCMEC MINING INC. ("RMI") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: November 30, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the documentation relating to a Purchase Agreement (the "Agreement") between the Company and (''the Vendors'') dated November 3, 2009, whereby the Company is set to acquire 100% of the Vendor's interests in 99 claims located in the Desserat Township, in the region of Abitibi-Temiscamingue, in the Province of Quebec. The Company is required to pay $500,000 in cash and issue a total of 12,000,000 shares with the first year of the Agreement, as well as carry-out $500,000 in exploration work, also within the first year of signing the Agreement. The Vendor shall retain a 2% Net Smelter Royalty in the property, which may be re-purchased for the amount of $2,000,000. For further information, please refer to the Company's press release dated November 25, 2009. CORPORATION MINIERE ROCMEC INC. ("RMI") TYPE DE BULLETIN: Convention d'achat de propriete, d'actif ou d'actions DATE DU BULLETIN: Le 30 novembre 2009 Societe du groupe 2 de TSX Croissance Bourse de croissance TSX a accepte le depot de documents en vertu d'une convention ("l'entente") d'achat entre la societe et (" les vendeurs") datee du 3 novembre 2009, selon laquelle la societe acquerra 100 % de l'interet du vendeur dans 99 claims situes dans le canton de Desserat, dans la region d'Abitibi-Temiscamingue, dans la province de Quebec. La societe doit payer 500 000 $ en especes et emettre un total de 12 000 000 d'actions des la premiere annee de l'entente ainsi qu'effectuer 500 000 $ en travaux d'exploration, aussi pendant la premiere annee suivant la signature de l'entente. Le vendeur conservera une royaute de 2 % du produit net de la vente des metaux qui est rachetable par le paiement d'une somme de 2 000 000 $. Pour plus d'information, veuillez vous referer au communique de presse emis par la societe le 25 novembre 2009. TSX-X ----------------------------------------------------------------------- SHEAR MINERALS LTD. ("SRM") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: November 30, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation pursuant to the Napajut Lake Gold-Diamond Project Agreement (the "Agreement") between Shear Minerals Ltd. (the "Company") and Exploratus Ltd. ("Exploratus") dated November 18, 2009 wherein the Company will earn the option to acquire up to a 50% interest in all mineral rights and up to a 90% interest in the diamond only rights to the Napajut Lake property of Nunavut (the "Property"). In consideration, the Company will issue 3,000,000 common shares at $0.10 per share to Exploratus and will acquire 50% interest in all mineral rights after incurring $1,600,000 on development of the Property on or before August 31, 2010. The Company will acquire an additional 40% diamond rights after incurring $2,000,000 on development on the Property on or before August 31, 2016. The Property is subject to a 2.5% NSR payable to Phelps Dodge Corporation of Canada. This transaction was announced in the Company's press release dated November 18, 2009. TSX-X ----------------------------------------------------------------------- SONIC TECHNOLOGY SOLUTIONS INC. ("SNV") BULLETIN TYPE: Property-Asset or Share Disposition Agreement BULLETIN DATE: November 30, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation in connection with an Asset Purchase Agreement between the Company and Energy Invest Group Inc. ("EIG"), pursuant to which the Company has disposed of its Terra-Kleen soil remediation system located in Ontario along with certain U.S. patents related to the use of this system. The purchase price payable by EIG is $1,500,000. EIG is an Insider of the Company. TSX-X ----------------------------------------------------------------------- STELLAR PACIFIC VENTURES INC. ("SPX") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: November 30, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for expedited filing documentation of an Option Agreement dated November 18, 2009 between the Company and Multi-Ressources Boreal (the "Optionor". Frank Guillemette) whereby the Company may acquire a 100% interest in the Monster Lake property comprises 78 mining claims and cells covering an area of 2,446 hectares in the Rale township, in the Chibougamau mining camp located 50km south of the town of Chibougamau, Quebec. The consideration payable to the Optionor is $125,000 cash; the issuance of 750,000 common shares of the Company and $500,000 in exploration expenditures payable over a two year period. For further information, please refer to the Company's news release dated October 21, 2009. TSX-X ----------------------------------------------------------------------- TOWER ENERGY LTD. ("TWR") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: November 30, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 30, 2009: Number of Shares: 25,000,000 shares Purchase Price: $0.02 per share Warrants: 25,000,000 share purchase warrants to purchase 25,000,000 shares Warrant Exercise Price: $0.05 for a one year period $0.10 in the second through fifth years Number of Placees: 6 placees Insider / Pro Group Participation: Insider=Y / Name ProGroup=P / # of Shares 677185 BC Ltd. (S. Vanry & R.K. Vanry) Y 7,083,334 Dominion Employee Benefit Trustees (David Treadwell) Y 8,333,333 0845557 BC Ltd. (M. Vanry & C. Vaughn) Y 5,033,333 Mark Vanry Y 1,750,000 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 ----------------------------------------------------------------------- VAULT MINERALS INC. ("VMI") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: November 30, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 23, 2009: Number of Shares: 1,000,000 flow through shares 1,000,000 non flow through shares Purchase Price: $0.30 per flow through share $0.25 per non flow through share Warrants: 500,000 share purchase warrants to purchase 500,000 shares Warrant Exercise Price: $0.35 for a two year period Number of Placees: 2 placees Finder's Fee: $38,500, plus 140,000 compensation warrants (each exercisable into one common share at a price of $0.25 for a 24 month period) payable to Primary Capital Inc. Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term. TSX-X -----------------------------------------------------------------------
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