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GGO Galleon Gold Corp

0.185
0.00 (0.00%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Galleon Gold Corp TSXV:GGO TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.185 0.18 0.19 0 13:18:17

TSX Venture Exchange Daily Bulletins for April 13, 2010

13/04/2010 9:54pm

Marketwired Canada


TSX VENTURE COMPANIES

AVION GOLD CORPORATION ("AVR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 13, 2010
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation pertaining to a
purchase agreement (the "Agreement") dated March 29, 2010, between Nevsun
Mali Exploration Limited ("Subco") - a wholly-owned subsidiary of Avion Gold
Corporation (the "Company") and Axmin-Mali Sarl (the "Vendor") - a wholly-
owned subsidiary of Axmin Inc. ("Axmin"). Pursuant to the Agreement, Subco
shall acquire the Vendor's 100% interest in the Kofi Group concessions in
Mali (the "Properties"). The Vendor held a 81.25% interest in the
Properties.

As consideration, Subco must pay the Vendor $500,000 and the Company must
issue Axmin 4,500,000 common shares.

For further information, please refer to the Company's press release dated
March 31, 2010.

TSX-X
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CONTACT EXPLORATION INC. ("CEX")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: April 13, 2010
TSX Venture Tier 2 Company

Further to TSX Venture Exchange Bulletin dated March 31, 2010, effective at
the opening, April 13, 2010 trading in the shares of the Company will remain
halted pending receipt and review of acceptable documentation regarding the
proposed transaction.

TSX-X
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CREAM MINERALS LTD. ("CMA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 13, 2010
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a
Non-Brokered Private Placement announced on January 25, 2010 and March 23,
2010:

Number of Shares:         22,963,214 shares

Purchase Price:           $0.07 per share

Warrants:                 22,963,214 share purchase warrants to purchase
                          22,963,214 shares

Warrant Exercise Price:   $0.10 in the first year
                          $0.15 in the second year

Number of Placees:        91 placees

Insider / Pro Group Participation:

                          Insider=Y /
Name                     ProGroup=P /                            # of Shares

Dimitrious Nasirpour              P                                  100,000
Dorothy Hoffert                   P                                   40,000
James Oleynick                    P                                  200,000
J. Dave Ellis                     P                                   75,000
Jacqueline Chow                   P                                  500,000
Roberto Chu                       P                                  100,000
Frank A. Lang                     Y                                5,100,000
Barbara A. Lang                   Y                                  100,000
Michael E. O'Connor               Y                                  150,000

Finders' Fees:            $5,600 cash and 80,000 units payable to Naveen
                          Varshney
                          $29,610 cash payable to Canaccord Financial Ltd.
                          $1,400 cash payable to Alex Kuznecov
                          $18,375 cash payable to PI Financial Corp.
                          $1,400 cash payable to Northern Securities Inc.
                          $2,100 cash payable to Fab Carella
                          $700 cash payable to Sabrina Sim
                          9,000 units payable to Wolverton Securities Ltd.
                          55,000 units payable to Union Securities Ltd.
                          - Finder's fee units are under the same terms as
                          those to be issued pursuant to the private
                          placement.

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must
issue a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s). The Company must also
issue a news release if the private placement does not close promptly. Note
that in certain circumstances the Exchange may later extend the expiry date
of the warrants, if they are less than the maximum permitted term.

TSX-X
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CRICKET CAPITAL CORP. ("CKC.P")
BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction within
24 months of Listing
BULLETIN DATE: April 13, 2010
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange Bulletin dated March 10, 2010, effective
at the opening Wednesday April 14, 2010, trading in the shares of the
Company will be suspended, the Company having failed to complete a
Qualifying Transaction within 24 months of its listing.

Members are prohibited from trading in the securities of the Company during
the period of the suspension or until further notice.

TSX-X
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EMM ENERGY INC. ("M")
BULLETIN TYPE: Halt
BULLETIN DATE: April 13, 2010
TSX Venture Tier 2 Company

Effective at 6:08 a.m. PST, April 13, 2010, trading in the shares of the
Company was halted at the request of the Company, pending an announcement;
this regulatory halt is imposed by Investment Industry Regulatory
Organization of Canada, the Market Regulator of the Exchange pursuant to the
provisions of Section 10.9(1) of the Universal Market Integrity Rules.

TSX-X
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EMM ENERGY INC. ("M")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: April 13, 2010
TSX Venture Tier 2 Company

Further to TSX Venture Exchange Bulletin dated April 13, 2010, effective at
12:35 p.m. PST, April 13, 2010 trading in the shares of the Company will
remain halted pending receipt and review by the Exchange of acceptable
documentation regarding the company following completion of the EMM
Acquisition.

TSX-X
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FORTUNE RIVER RESOURCE CORP. ("FRX")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: April 13, 2010
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the extension in the expiry date of
the following warrants:

Private Placement:

# of Warrants:            3,009,000
Original Expiry Date
 of Warrants:             April 28, 2010
New Expiry Date
 of Warrants:             April 28, 2011
Forced Exercise
 Provision:               If the closing price for the Company's shares
                          is $0.135 or greater for a period of 10
                          consecutive trading days, then the warrant
                          holders will have 30 days to exercise their
                          warrants; otherwise the warrants will expire
                          on the 31st day.
Exercise Price
 of Warrants:             $0.10

These warrants were issued pursuant to a private placement of 6,018,000
shares with 3,009,000 share purchase warrants attached, which was accepted
for filing by the Exchange effective on April 24, 2008 and amended on
February 11, 2009 from the original exercise price of $0.40 to $0.10.

TSX-X
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GREENTREE GAS & OIL LTD. ("GGO")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 13, 2010
TSX Venture Tier 2 Company

Effective at the opening, April 13, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.

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

MINERAL HILL INDUSTRIES LTD. ("MHI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 13, 2010
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a
Non-Brokered Private Placement announced January 22, 2010 and amended
February 1, 2010:

Number of Shares:         1,140,000 flow-through shares and 360,000 non
                          flow-through shares

Purchase Price:           $0.05 per share

Warrants:                 1,500,000 share purchase warrants to purchase
                          1,500,000 shares

Warrant Exercise Price:   $0.10 for a five year period

Number of Placees:        5 placees

Insider / Pro Group Participation:

                          Insider=Y /
Name                     ProGroup=P                              # of Shares

Hugh Maddin                       Y                               600,000 FT
Merfin Management Ltd.
 (Dieter Peter & Vera Kaiser)     Y                               390,000 FT
                                                                 200,000 NFT

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
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NIBLACK MINERAL DEVELOPMENT INC. ("NIB")
(formerly CBR Gold Corp. ("CBG"))
BULLETIN TYPE: Name Change
BULLETIN DATE: April 13, 2010
TSX Venture Tier 1 Company

Pursuant to a resolution passed by shareholders on March 24, 2010, the
Company has changed its name as follows. There is no consolidation of
capital.

Effective at the opening Thursday, April 15, 2010, the common shares of
Niblack Mineral Development Inc. will commence trading on TSX Venture
Exchange, and the common shares of CBR Gold Corp. will be delisted. The
Company is classified as a 'gold mining' company.

Capitalization:           Unlimited shares with no par value of which
                          35,976,521 shares are issued and outstanding
Escrow:                   Nil

Transfer Agent:           Olympia Trust Company
Trading Symbol:           NIB             (new)
CUSIP Number:             65365X 10 9     (new)

TSX-X
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NORDIC OIL AND GAS LTD. ("NOG")
BULLETIN TYPE: Halt
BULLETIN DATE: April 13, 2010
TSX Venture Tier 2 Company

Effective at 6:08 a.m. PST, April 13, 2010, trading in the shares of the
Company was halted at the request of the Company, pending an announcement;
this regulatory halt is imposed by Investment Industry Regulatory
Organization of Canada, the Market Regulator of the Exchange pursuant to the
provisions of Section 10.9(1) of the Universal Market Integrity Rules.

TSX-X
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NORDIC OIL AND GAS LTD. ("NOG")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 13, 2010
TSX Venture Tier 2 Company

Effective at 11:00 a.m. PST, April 13, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.

TSX-X
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NORTH COUNTRY GOLD CORP. ("NCG")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: April 13, 2010
TSX Venture Tier 1 Company

Effective at the opening Thursday, April 15, 2010, the common shares of the
Company will commence trading on TSX Venture Exchange. The Company is
classified as a 'gold mining' company.

Corporate Jurisdiction:   Alberta

Capitalization:           Unlimited common shares with no par value of which
                          35,976,521 common shares are issued and
                          outstanding
Escrowed Shares:          Nil common shares

Transfer Agent:           Olympia Trust Company
Trading Symbol:           NCG
CUSIP Number:             65878T 10 8

For further information, please refer to CBR Gold Corp.'s Information
Circular dated February 19, 2010 filed on Sedar.

Company Contact:          John Williamson
Company Address:          220, 9797 45 Avenue
                          Edmonton, Alberta T6E 5V8

Company Phone Number:     (780) 437-6624
Company Fax Number:       (780) 439-7308
Company Email Address:    info@northcountrygold.com

TSX-X
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NORTHERN PLATINUM LTD. ("NTH")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 13, 2010
TSX Venture Tier 2 Company

Effective at the opening, April 13, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.

TSX-X
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PARAGON MINERALS CORPORATION ("PGR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 13, 2010
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Property Option Letter
Agreement, dated November 9, 2009, between Paragon Minerals Corporation (the
"Company") and Mr. Perry English, agent for Rubicon Minerals Corp. ("Perry
English"), whereby the Company will acquire a 100% interest in the Gold Star
Property, Patricia mining Division, Ontario ("Gold Star Property"), subject
to a 1.5% NSR. The Company can purchase 50% of the NSR for $750,000 and
retains a right of first refusal on the remaining 50%.

In consideration of the acquisition the Company will:

- Pay $ 95,000 over four years to Perry English; and
- Issue 200,000 shares over four years to Perry English.

Further information on the transaction is available in the Company's new
release dated November 12, 2009.

TSX-X
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SAGRES ENERGY INC. ("SGI")
(formerly Coral Sea Resources Inc. ("CSX"))
BULLETIN TYPE: Reverse Takeover-Completed, Name Change
BULLETIN DATE: April 13, 2010
TSX Venture Tier 2 Company

Reverse Takeover-Completed:

The TSX Venture Exchange has accepted for filing the Company's Reverse
Takeover ('RTO'), being the arm's length acquisition (the Acquisition) of
Sagres Energy Inc. (Sagres), a private oil and gas company, carried out
pursuant to a share exchange in connection with a three-cornered
amalgamation.

In connection with the Acquisition, the Company issued 60,434,034 shares at
a deemed price of $0.35 per share for aggregate consideration of
approximately $21,151,912.

In addition, in connection with the Acquisition, a finders fee was payable
to an arm's length finder through the issuance of 1,900,000 shares at a
deemed price of $0.35 for an aggregate deemed consideration of $665,000.

The Exchange has been advised that, where required, the above transactions
were approved by shareholders on April 6, 2010 and have been completed.

Further information on the above transactions is set forth in a joint
management information circular of the Company and Sagres dated March 8,
2010, as filed on SEDAR.

Insider / Pro Group Participation:

                          Insider=Y /
Name                     ProGroup=P                              # of Shares

David Johnson                     Y                                1,575,000
Jason Bednar                      Y                                  690,000
Gerold Fong                       Y                                5,500,000

Name Change:
Pursuant to a resolution passed by shareholders April 6, 2010, the Company
has changed its name from Coral Sea Resources Inc. to Sagres Energy Inc.
There is no consolidation of capital.

Effective at the opening April 14, 2010, the common shares of Sagres Energy
Inc. will commence trading on TSX Venture Exchange, and the common shares of
Coral Sea Resources Inc. will be delisted.

The Company is classified as an 'oil and gas exploration and development'
company.

Capitalization:           Unlimited common shares with no par value of which
                          63,894,036 common shares are issued and
                          outstanding
Escrowed:                 13,081,667 common shares will be subject to a 
                          Tier 2 Value
Escrow Agreement

Escrow Term:              3 years

Transfer Agent:           Valiant Trust Company
Trading Symbol:           SGI             (new)
CUSIP Number:             787002 10 4     (new)

Company Contact:          Jason Bednar, Chief Financial Officer and Director
Company Address:          405, 505-3rd Street S.W.
                          Calgary, Alberta T2P 3E6

Company Phone Number:     (403) 457-6055
Company Fax Number:       (403) 457-6056

TSX-X
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SCHNEIDER POWER INC. ("SNE")
BULLETIN TYPE: Halt
BULLETIN DATE: April 13, 2010
TSX Venture Tier 2 Company

Effective at 11:36 a.m. PST, April 13, 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
----------------------------------------------------------------------------

SHAW COMMUNICATIONS INC. ("SJR.A")
BULLETIN TYPE: Declaration of Dividend, Correction
BULLETIN DATE: April 13, 2010
TSX Venture Tier 1 Company

Further to the TSX Venture Exchange Bulletin dated April 12, 2010, the
Bulletin should have read as follows:

The Issuer has declared the following dividends:

Dividend per Share:       $0.073125
Payable Date:             June 29, 2010; July 29, 2010 and August 30, 2010
Record Date:              June 15, 2010; July 15, 2010 and August 15, 2010
Ex-Dividend Date:         June 11, 2010; July 13, 2010 and August 11, 2010
                          respectively

TSX-X
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TAGISH LAKE GOLD CORP. ("TLG")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 13, 2010
TSX Venture Tier 2 Company

Effective at the opening, April 13, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.

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

UNIVERSAL WING TECHNOLOGIES INC. ("UAV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 13, 2010
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to
the second and final tranche of a Non-Brokered Private Placement announced
November 29, 2009:

Number of Shares:         149,422 shares

Purchase Price:           $0.18 per share

Warrants:                 149,422 share purchase warrants to purchase
                          149,422 shares

Warrant Exercise Price:   $0.20 for a one year period

Number of Placees:        8 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
----------------------------------------------------------------------------

WCB RESOURCES LTD. ("WCB")
(formerly WCB Capital Ltd. ("WCB.P"))
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Property-Asset
or Share Purchase Agreement, Private Placement-Non-Brokered, Name Change,
Resume Trading
BULLETIN DATE: April 13, 2010
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's Qualifying
Transaction described in its Filing Statement dated March 24, 2010. As a
result, at the opening Wednesday, April 14, 2010, the Company will no longer
be considered a Capital Pool Company. The Qualifying Transaction includes
the following:

Property-Asset or Share Purchase Agreement:
TSX Venture Exchange has accepted for filing an Option Agreement dated March
24, 2010 between Angel Jade Mines Ltd. and the Company. The Company has
acquired the option to earn a 100% interest, subject to a 2% net smelter
return royalty in the Maroon Property located in the Skeena Mining Division,
BC. To earn its interest the Company must pay $165,000, issue 350,000 shares
and spend $200,000 on the property as follows:

- Pay $15,000 cash and issue 100,000 shares on closing;
- Incurring $200,000 of exploration on the property within one year; and
- Paying an additional $150,000 in cash and issuing an additional 250,000
shares within two years.

One half of the net smelter return royalty (being 1%) can be purchase by the
Company at any time for $1,000,000.

Private Placement-Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a
Non-Brokered Private Placement announced January 27, 2010:

Number of Shares:         8,450,000 shares

Purchase Price:           $0.05 per share

Warrants:                 8,450,000 share purchase warrants to purchase
                          8,450,000 shares

Warrant Exercise Price:   $0.10 for a three year period

Number of Placees:        8 placees

Insider / Pro Group Participation:

                          Insider=Y /
Name                     ProGroup=P /                            # of Shares

Shaun Maskerine                   Y                                  600,000
Albiano Holdings Pty Ltd.
 (Duncan Cornish)                 Y                                1,800,000
Petla Trust (Peter Lynch)         Y                                1,800,000
Carpentaria Corporation Pty Ltd.
 (Cameron Switzer)                Y                                1,000,000
James Simpson                     Y                                2,050,000

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.

Name Change:
Pursuant to a resolution passed by Company Directors, the Company has
changed its name as follows. There is no consolidation of capital.

Effective at the opening Wednesday, April 14, 2010, the common shares of WCB
Resources Ltd. will commence trading on TSX Venture Exchange, and the common
shares of WCB Capital Ltd. will be delisted. The Company is classified as a
'Mineral Exploration' company.

Capitalization:           Unlimited shares with no par value of which
                          14,550,000 shares are issued and outstanding
Escrow:                   3,000,000 CPC Escrow Shares
                          7,250,000 Tier 2 Value Security Escrow Shares

Transfer Agent:           Computershare Trust Company
Trading Symbol:           WCB (same symbol as CPC but with .P removed)
CUSIP Number:             92935F 10 3           (new)

Resume Trading:
The common shares of the Company have been halted from trading since January
28, 2010, pending completion of a Qualifying Transaction.

The Exchange has been advised that the above transactions have been
completed. Effective at the opening Wednesday, April 14, 2010, trading in
the shares of the Company will resume.

Company Contact:          Duncan Cornish
Company Address:          Level 8, Waterfront Place, 1 Eagle Street
                          Brisbane QL, Australia 4000

Company Phone Number:     +61 7 3303-0670
Company Fax Number:       +61 7 3303-0601
Company Email Address:    dcornish@daguilar.com.au

For further information please refer to the Company's Filing Statement dated
March 24, 2010.

TSX-X
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WESTERN PLAINS PETROLEUM LTD. ("WPP")
BULLETIN TYPE: Halt
BULLETIN DATE: April 13, 2010
TSX Venture Tier 2 Company

Effective at 6:08 a.m. PST, April 13, 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
----------------------------------------------------------------------------

WESTERN PLAINS PETROLEUM LTD. ("WPP")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 13, 2010
TSX Venture Tier 2 Company

Effective at 11:00 a.m. PST, April 13, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.

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

XTIERRA INC. ("XAG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 13, 2010
TSX Venture Tier 1 Company

Further to the TSX Venture Exchange (the "Exchange") bulletin dated March 5,
2010, the Exchange has accepted for filing documentation with respect to the
second tranche of a Non-Brokered Private Placement announced January 19,
2010:

Number of Shares:         2,500,000 shares

Purchase Price:           $0.20 per share

Warrants:                 1,250,000 share purchase warrants to purchase
                          1,250,000 shares

Warrant Exercise Price:   $0.30 for a one year period

Number of Placees:        12 placees

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

ZEOX CORPORATION ("ZOX")
BULLETIN TYPE: Halt
BULLETIN DATE: April 13, 2010
TSX Venture Tier 2 Company

Effective at 9:45 a.m. PST, April 13, 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
----------------------------------------------------------------------------

NEX COMPANIES

ATLANTIS SYSTEMS CORP. ("AIQ.H")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: April 13, 2010
NEX Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue
139,386,000 shares to settle outstanding debt for US$2,600,000, which was
approved by shareholders on March 23, 2010.

Number of Creditors:      1 Creditor

Insider / Pro Group Participation:

                     Insider=Y /      Amount   Deemed Price
Creditor            Progroup=P         Owing      per Share      # of Shares

ComVest Capital, LLC         Y  US$2,600,000          $0.02      139,386,000

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

TSX-X
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COBRE EXPLORATION CORP. ("CKB.H")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: April 13, 2010
NEX Company

Further to TSX Venture Exchange bulletin dated October 7, 2009, the Exchange
has accepted for filing an amended agreement dated February 21, 2010 between
the Company and Eastfield Resources Ltd. with respect to the Company's
option to acquire a 60% interest in the Iron Lake Property in the Clinton
Mining Division, British Columbia. The amendment reflects the effect of the
Company's 3:1 share consolidation and confirms the remaining obligations of
the Company. See the Company's news release dated March 31, 2010 for further
details.

Insider / Pro Group Participation: N/A

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

ORBUS PHARMA INC. ("ORB.H")
BULLETIN TYPE: Halt
BULLETIN DATE: April 13, 2010
NEX Company

Effective at 7:29 a.m. PST, April 13, 2010, trading in the shares of the
Company was halted for failure to maintain listing requirements. 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
----------------------------------------------------------------------------

ORBUS PHARMA INC. ("ORB.H")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: April 13, 2010
NEX Company

Further to TSX Venture Exchange Bulletin dated April 13, 2010, trading in
the shares of the Company will remain halted. The Company has failed to have
a minimum of three directors as required by Exchange Policy 3.1.

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

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