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TSX Venture Exchange Daily Bulletins for October 20, 2008

20/10/2008 9:19pm

Marketwired Canada


08/10/20 - TSX Venture Exchange Daily Bulletins

TSX VENTURE COMPANIES

BULLETIN TYPE: Notice to Issuers
BULLETIN DATE: October 20, 2008
Re: Restated Deal Structure and Founder Shares Guidelines

Background

The TSX Venture Exchange (the "Exchange"), in a bulletin published on 
December 11, 2007, set out capital structure guidelines for non-CPC 
issuers having issued, prior to listing, securities to principals or third 
parties for nominal consideration (the "Deal Structure and Founder Shares 
Guidelines"). The Exchange may vary these guidelines from time to time, at 
the election of the Exchange, in response to general market conditions. 
Founder Shares Guidelines which are varied will be restated with 
amendments underlined for issuer ease of reference. This bulletin is the 
first restated and amended Deal Structure and Founder Shares Guidelines 
and supersedes those guidelines published on December 11, 2007. The 
purpose of the amendments in these restated and amended guidelines is to 
reduce the threshold of an acceptable financing from $10 million to $5 
million and to clarify further what is considered by the Exchange to be an 
acceptable supporting valuation.

Amendments to Policy

Effective Date

The principles underlying the guidelines set out in this bulletin will be 
contained in an amended Exchange Policy 2.1 which the Exchange expects to 
issue in its next revision. The information set out in this bulletin 
should be used as additional guidance by market participants in 
determining whether the capital structure of an issuer will be acceptable 
to the Exchange. The concepts set out in this bulletin will be applied by 
the Exchange to new listing submissions (including listing submissions 
involving IPOs, RTOs or QTs) effective from the date of this bulletin. 
Exchange staff will continue to work with market participants to ensure 
their deal structures are acceptable and encourage issuers to pre-file 
their submissions accordingly. The contents of this bulletin do not 
otherwise affect any existing listing requirements contained in Exchange 
policies.

General Concept

The Exchange will not object to certain transactions where the amount of 
"Founder Shares", as defined below, equals, or falls below, a determined 
threshold.

Founder Shares

Founder Shares means any security issued, or proposed to be issued, to:
(i) any person for less than $0.05 per security;
(ii) a party related to the issuer for the purchase of an asset which 
cannot be acceptably valued under sections 4.2(a), (b), (c), (d), (e), 
(f), (g) or (i) of Exchange Policy 5.4;
(iii) a principal to settle a debt or obligation for less than the last 
price per security which the security was issued for or at a price per 
security which the Exchange does not consider reasonable given the 
circumstances; or
(iv) a principal for the primary purpose of increasing that principal's 
interest in the issuer without a corresponding tangible benefit to the 
issuer.

The Exchange will consider the number of Founder Shares in the aggregate 
in determining whether a transaction structure is acceptable under this 
bulletin and the amended policy. In addition, the final determination on 
whether a person is or is not a principal or a party related to the issuer 
will be that of the Exchange, using its discretion and based upon the 
particular facts of the submission and the resulting interest of a 
security holder in the issuer after giving effect to the transaction. In 
exercising its discretion, the Exchange may deem certain securities, which 
have been or are proposed to be issued, and which may not technically be 
captured under the "Founder Shares" definition noted above, to be, 
nonetheless, Founder Shares.

Allowable Transactions

The Exchange will not object to:
(i) a transaction which otherwise satisfies applicable existing listing 
requirements and under which the issuer has issued, or proposes to issue, 
Founder Shares, which, cumulatively (and with Founder Shares being 
calculated on a fully diluted basis), represent, or would represent no 
more than 15% of the issuers' issued and outstanding securities at the 
time of listing; or
(ii) a transaction which otherwise satisfies applicable listing 
requirements and under which an issuer has issued, or proposes to issue, 
Founder Shares which, cumulatively (and with Founder Shares being 
calculated on a fully diluted basis), represent, or would represent, in 
excess 15% of the issuer's issued and outstanding securities at the time 
of listing, provided the issuer also completes an acceptable financing 
concurrent with the listing.

The Exchange will consider an acceptable financing to be any equity 
financing which:

(A) raises gross proceeds of no less than $5,000,000, of which no less 
than 75% has been subscribed for by arm's length parties; or
(B) results in the issuance of no less than 50% of the issued and 
outstanding securities of issuer at the time of listing, of which no less 
than 75% has been subscribed for by arm's length parties.

Application

As noted above, guidance under this bulletin, and the provisions of the 
amended policy, will apply to all new listing submissions effective today. 
However, in the case of industrial, technology or research & development 
issuers, the Exchange may be more flexible in its application of the 
Founder Shares definition. For these issuers, the Exchange may dispense 
with the requirement of an acceptable supporting valuation or otherwise 
apply flexibility in its interpretation of these guidelines if the person 
or persons to whom those securities have been issued has or have clearly 
contributed a tangible benefit to the issuer over time. The Exchange 
encourages all issuers to meet with Exchange staff prior to making a 
listing submission if they have further questions regarding their capital 
structure.

If you have questions about these changes, please contact:

In British Columbia: Andrew Hancharyk, Phone: 604-602-6982, Fax: 604-844-
7502
In Alberta: Peter Varsanyi, Phone: 403-218-2860, Fax: 403-234-4211
In Ontario: Tim Babcock, Phone: 416-365-2202, Fax: 416-365-2224
In Quebec: Sylvain Martel, Phone: 514-788-2411, Fax: 514-788-2421

TYPE DE BULLETIN : Avis aux emetteurs
DATE DU BULLETIN : Le 20 octobre 2008
Objet : Version modifiee des lignes directrices sur la structure 
d'operation et les actions de fondateur

Contexte

Dans un bulletin publie le 11 decembre 2007, la Bourse de croissance TSX 
(la " Bourse ") presentait des lignes directrices sur la structure du 
capital a l'intention des emetteurs, autres que les SCD, ayant emis avant 
leur inscription des titres a des principaux interesses ou a des tiers 
pour une contrepartie symbolique. La Bourse peut modifier ces lignes 
directrices a son gre pour tenir compte de la conjoncture du marche. La 
version modifiee des lignes directrices sur les actions de fondateur sera 
publiee avec les modifications soulignees pour en faciliter la 
consultation par les emetteurs. Le present bulletin constitue la premiere 
version modifiee des lignes directrices sur la structure d'operation et 
les actions de fondateur et remplace les lignes directrices du 11 decembre 
2007. Les modifications visent a faire passer le seuil d'un financement 
acceptable de 10 millions de dollars a 5 millions de dollars, et a 
clarifier ce que la Bourse considere comme une attribution de valeur 
acceptable.

Modification de la politique

Date d'effet

Les principes sur lesquels reposent les lignes directrices qui sont 
enoncees dans le present bulletin seront integres dans la Politique 2.1 
modifiee que la Bourse prevoit publier au moment de la prochaine mise a 
jour. L'information contenue dans le present bulletin servira 
d'indications supplementaires aux participants du marche qui doivent 
determiner si la structure du capital d'un emetteur sera jugee acceptable 
par la Bourse. La Bourse appliquera les principes dont il est question ici 
aux demandes de nouvelles inscriptions (y compris celles qui sont 
presentees dans le cadre d'un premier appel public a l'epargne, d'une 
prise de controle inversee ou d'une operation admissible) presentees a 
partir de la date du present bulletin. Le personnel de la Bourse 
continuera de travailler avec les participants du marche pour veiller a ce 
que la structure de leur operation soit acceptable et incitera les 
emetteurs a deposer au prealable leur demande. Le contenu du present 
bulletin ne modifie aucune des autres exigences d'inscription que 
contiennent les politiques en vigueur de la Bourse.

Principe general

La Bourse ne s'opposera pas a certaines operations si le nombre d'" 
actions de fondateur ", au sens attribue a ce terme ci-apres, est egal ou 
inferieur a un seuil determine.

Actions de fondateur

Les actions de fondateur s'entendent de tout titre emis ou dont on 
projette l'emission a l'une des personnes suivantes :
(i) toute personne, a un prix inferieur a 0,05 $ l'action;
(ii) une personne reliee, dans le cadre de l'achat d'un actif auquel on ne 
peut attribuer une valeur de facon acceptable conformement aux alineas 
4.2a), b), c), d), e), f), g) ou i) de la Politique 5.4 de la Bourse;
(iii) un principal interesse, en reglement d'une dette ou d'une 
obligation, a un prix inferieur au dernier prix auquel le titre a ete emis 
ou a un prix que la Bourse considere comme deraisonnable dans les 
circonstances;
(iv) un principal interesse, en vue principalement d'augmenter la 
participation de ce dernier dans l'emetteur, sans que l'emetteur en tire 
concretement un avantage reciproque.

La Bourse tiendra compte du nombre global d'actions de fondateur pour 
determiner si la structure d'une operation est acceptable aux termes du 
present bulletin et de la politique modifiee. De plus, la Bourse decidera 
en definitive si une personne est ou non un principal interesse ou une 
personne reliee, en usant de son pouvoir discretionnaire et en se fondant 
sur les faits de la demande et sur la participation que la personne aura 
dans l'emetteur apres l'operation. Dans l'exercice de son pouvoir 
discretionnaire, la Bourse pourra neanmoins considerer comme des actions 
de fondateur certains titres emis ou dont on projette l'emission qui ne 
sont pas en principe compris dans la definition d'" actions de fondateur " 
donnee ci-dessus.

Operations permises

La Bourse ne s'opposera pas aux operations suivantes :
(i) l'operation qui repond par ailleurs aux exigences d'inscription en 
vigueur applicables et dans le cadre de laquelle l'emetteur a emis ou 
projette d'emettre des actions de fondateur qui representent ou 
representeraient dans l'ensemble (le nombre d'actions de fondateur etant 
calcule apres dilution) au plus 15 % de ses titres emis et en circulation 
au moment de l'inscription;
(ii) l'operation qui repond par ailleurs aux exigences d'inscription 
applicables et dans le cadre de laquelle l'emetteur a emis ou projette 
d'emettre des actions de fondateur qui representent ou representeraient 
dans l'ensemble (le nombre d'actions de fondateur etant calcule apres 
dilution) plus de 15 % de ses titres emis et en circulation au moment de 
l'inscription, a condition que l'emetteur realise egalement un financement 
acceptable simultanement a l'inscription.

La Bourse considerera comme acceptable tout financement par actions qui 
repond a l'un des criteres suivants :
A) le produit brut reuni s'eleve a au moins 5 000 000 $, et 75 % au moins 
des titres emis ont ete souscrits par des personnes sans lien de 
dependance;
B) le nombre de titre emis equivaut a 50 % au moins des titres emis et en 
circulation de l'emetteur au moment de l'inscription, et 75 % au moins des 
titres emis ont ete souscrits par des personnes sans lien de dependance.

Application

Les indications donnees dans le present bulletin et les dispositions de la 
politique modifiee s'appliqueront a toutes les demandes de nouvelles 
inscriptions presentees a partir de la date du present bulletin. 
Cependant, en ce qui concerne les emetteurs des secteurs de l'industrie, 
de la technologie et de la recherche et du developpement, la Bourse 
pourrait se montrer plus souple dans l'application de la definition des 
actions de fondateur. Elle pourrait dispenser ces emetteurs de 
l'obligation de fournir une attribution de valeur acceptable ou par 
ailleurs assouplir son interpretation des lignes directrices si la ou les 
personnes a qui les titres ont ete emis ont clairement apporte un avantage 
concret a l'emetteur au fil du temps. La Bourse demande a tous les 
emetteurs qui ont d'autres questions au sujet de leur structure du capital 
de rencontrer son personnel avant de deposer une demande d'inscription.

Si vous avez des questions au sujet de ces modifications, veuillez 
communiquer avec l'une des personnes suivantes :

En Colombie-Britannique : Andrew Hancharyk, tel. : 604-602-698, telec. : 
604-844-7502;
En Alberta : Peter Varsanyi, tel. : 403-218-2860, telec. : 403-234-4211;
En Ontario : Tim Babcock, tel. : 416-365-2202, telec. : 416-365-2224;
Au Quebec : Sylvain Martel, tel. : 514-788-2411, telec. : 514-788-2421.

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

AMADOR GOLD CORP. ("AGX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 20, 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 September 
9, 2008 and October 7, 2008:

Number of Shares:                 13,357,500 flow-through shares
                                  2,063,050 non flow-through

Purchase Price:                   $0.10 per share

Warrants:                         15,420,050 share purchase warrants to 
                                  purchase 15,420,050 shares

Warrant Exercise Price:           $0.15 for a two year period

Number of Placees:                15 placees

Finders' Fees:                    Research Capital Corp. - $14,456.00
                                  Limited Market Dealership - $80,000

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

ANIMAS RESOURCES LTD. ("ANI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 20, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation in connection 
with an Option Agreement dated October 15, 2008 between the Company and 
Mineral Lixivian, S.A. de C.V. (Mayo Ramirez Guitierrez, Efren Rosas 
Briones and Samuel Ocan?a Garcia) with respect to the Ophelia and Santa 
Gertrudis concessions located in the Santa Teresa mining district, Mexico. 
The aggregate consideration is US$422,000 over an 18 month period and 
217,000 common shares.

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

ARCHANGEL DIAMOND CORPORATION ("AAD")
BULLETIN TYPE: Halt
BULLETIN DATE: October 20, 2008
TSX Venture Tier 2 Company

Effective at the open, October 20, 2008, trading in the shares of the 
Company was halted 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
--------------------------------------------------------------------------

ARCHANGEL DIAMOND CORPORATION ("AAD")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: October 20, 2008
TSX Venture Tier 2 Company

Effective at 7:15 a.m. PST, October 20, 2008, shares of the Company 
resumed trading, an announcement having been made over Canada News Wire.

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

ATW GOLD CORP. ("ATW")
(formerly ATW Venture Corp. ("ATW"))
BULLETIN TYPE: Name Change
BULLETIN DATE: October 20, 2008
TSX Venture Tier 1 Company

Pursuant to a resolution passed by shareholders October 7, 2008, the 
Company has changed its name as follows. There is no consolidation of 
capital.

Effective at the opening, October 21, 2008, the common shares of ATW Gold 
Corp. will commence trading on TSX Venture Exchange, and the common shares 
of ATW Venture Corp. will be delisted. The Company is classified as a 
'Mining' company.

Capitalization:                   Unlimited shares with no par value of 
                                  which 60,471,256 shares are issued and 
                                  outstanding
Escrow:                           Nil

Transfer Agent:                   Computershare Trust Company
Trading Symbol:                   ATW (unchanged)
CUSIP Number:                     002105 10 4 (new)

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

AUSAM ENERGY CORPORATION ("AZE")
BULLETIN TYPE: Warrant Price Amendment
BULLETIN DATE: October 20, 2008
TSX Venture Tier 1 Company

TSX Venture Exchange has consented to the temporary reduction in the 
exercise price to US$1.50 of the warrants described below. The reductions 
will be in effect from October 20, 2008 to November 18, 2008 (the 
'Reduction Period'), following which any unexercised warrants will revert 
to their original exercise price. During the Reduction Period only, the 
warrants will be exercisable for Units instead of common shares. Each Unit 
will consist of one common share and one-half of one share purchase 
warrant ('Incentive Warrant'). Each whole Incentive Warrant will 
exercisable for one additional common share for a period of five years 
from the date of issuance at a price of US$1.50 in the first two years, 
US$1.65 in the third year, US$1.82 in the fourth year, or US$2.00 in the 
fifth year.

Private Placement #1:

# of Warrants:                    3,092,682
Expiry Date of Warrants:          February 8, 2012
Original Exercise Price of
 Warrants:                        $3.25
New Exercise Price of Warrants:   US$1.50

- These warrants were issued pursuant to a private placement of 30,926,842 
shares with 15,463,421 share purchase warrants attached, which was 
accepted for filing by the Exchange effective April 10, 2007.

Private Placement #2:

# of Warrants:                    1,996,666
Expiry Date of Warrants:          February 8, 2012
Original Exercise Price of
 Warrants:                        $3.75
New Exercise Price of Warrants:   US$1.50

- These warrants were issued pursuant to a private placement of 19,966,666 
First Preferred Shares, Series 2 with 9,983,333 share purchase warrants 
attached, which was accepted for filing by the Exchange effective April 
10, 2007.

Private Placement #3:

# of Warrants:                    125,685
Expiry Date of Warrants:          September 7, 2012
Original Exercise Price of
 Warrants:                        $3.25
New Exercise Price of Warrants:   US$1.50

- These warrants were issued pursuant to a private placement of 1,256,852 
shares with 628,425 share purchase warrants attached, which was accepted 
for filing by the Exchange effective April 11, 2008.

Private Placement #4:

# of Warrants:                    4,461,099
Expiry Date of Warrants:          July 3, 2012
Original Exercise Price of
 Warrants:                        $3.00
New Exercise Price of Warrants:   US$1.50

- These warrants were issued pursuant to a private placement of a 
convertible debenture in the amount of US$25,000,000 with 22,305,496 share 
purchase warrants attached, which was accepted for filing by the Exchange 
effective July 11, 2007.

- Note that the private placement information included above reflects the 
figures prior to the Company's share consolidation effective September 27, 
2007.

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

BAYMOUNT INCORPORATED ("BYM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 20, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to 
a Non-Brokered Private Placement announced August 28, 2008:

Number of Shares:                 3,100,000 shares

Purchase Price:                   $0.10 per share

Number of Placees:                3 placees

Insider / Pro Group Participation:

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

F. Helmut Biemann                      Y            400,000

For further details, please refer to the Company's news release dated 
August 28, 2008.

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

BTB REAL ESTATE INVESTMENT TRUST ("BTB.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: October 20, 2008
TSX Venture Tier 1 Company

The Issuer has declared the following distribution:

Distribution per Trust Unit:      $0.01333
Payable Date:                     November 14, 2008
Record Date:                      October 31, 2008
Ex-Distribution Date:             October 29, 2008

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

GENOIL INC. ("GNO")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: October 20, 2008
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with respect to 
a Non-Brokered Private Placement:

Convertible Debenture             $1,227,355.84

Conversion Price:                 Convertible into common shares at a rate 
                                  of $0.27 of principal per share until 
                                  maturity.

Maturity date:                    October 6, 2009

Warrants                          1,136,442

                                  Each warrant is exercisable for one 
                                  common share at a price of $0.41 for a 
                                  period of one year from the date of 
                                  issuance.

Interest rate:                    12 %

Number of Placees:                4 placees

Insider / Pro Group Participation:

                        Insider equals Y /     Principal
Name                   ProGroup equals P /        Amount    Warrants

Lifschultz Enterprises Co., LLC        Y     $834,581.78     772,761
Sidney B. Lifschultz 1992              Y     $129,218.66     119,647
 Family Trust
David K. Lifschultz                    Y     $131,777.70     122,017

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

GOLD STAR RESOURCES CORP. ("GXX")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: October 20, 2008
TSX Venture Tier 2 Company

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

# of Warrants:                    1,550,000
Original Expiry Date of Warrants: November 20, 2008
New Expiry Date of Warrants:      November 20, 2009
Exercise Price of Warrants:       $0.15

These warrants were issued pursuant to a private placement of 3,070,000 
shares with 3,070,000 share purchase warrants attached, which was accepted 
for filing by the Exchange effective November 16, 2007.

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

MACDONALD MINES EXPLORATION LTD. ("BMK")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 20, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation relating to an 
option agreement (the "Agreement") dated October 2, 2008, between Shoreham 
Resources Ltd. (the "Optionor") and MacDonald Mines Exploration Ltd (the 
"Company"). Pursuant to the Agreement, the Company shall have the option 
to acquire an undivided 40% interest in the Sachigo Lake Property (the 
"Property") (the Company will acquire an undivided 100% interest in the 
event Escape Group Inc. does not earn it's 60% interest in the Property 
pursuant to its pre-existing option agreement with the Optionor). The 
interest in the Property shall be subject to a 2.5% net smelter return 
royalty, of which the Company shall have the right to 'buy back' 1% at any 
time for the sum of $1,000,000.

In order to earn its interest in the Property, the Company must pay the 
Optionor an aggregate of $150,000 within three years, issue 300,000 common 
shares within one year, and issue 600,000 common share purchase warrants 
(each exercisable into 1 common share at a price of $0.40 for a period of 
two years from issuance) within one year.

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

PETROGLOBE INC. ("PGB")
BULLETIN TYPE: Property Asset or Share Disposition Agreement
BULLETIN DATE: October 20, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a Letter of Intent ("LOI") 
between PetroGlobe Inc. (the "Company") and 1427668 Alberta Ltd. (the 
"Purchaser"). Pursuant to the LOI, the Company will sell 100% of the 
common shares it holds in PetroGlobe (Canada) Ltd. to the Purchaser. In 
consideration, the Company will receive $350,000.

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

PITCHSTONE EXPLORATION LTD. ("PXP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 20, 2008
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with respect to 
a Non-Brokered Private Placement announced September 26, 2008:

Number of Shares:                 2,501,000 flow through shares

Purchase Price:                   $0.60 per share

Number of Placees:                7 placees

Finders' Fees:                    $58,800 payable to Dundee Securities 
                                  Corporation
                                  $15,000 payable to Toll Cross Securities 
                                  Inc.

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company 
must issue a news release announcing the closing of the private placement 
and setting out the expiry dates of the hold period(s). The Company must 
also issue a news release if the private placement does not close 
promptly.

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

PLATINEX INC. ("PTX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 20, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to 
a Non-Brokered Private Placement (first tranche) announced October 3, 
2008:

Number of Shares:                 1,583,333 flow-through shares and
                                  2,300,000 non flow-through shares

Purchase Price:                   $0.15 per flow-through share
                                  $0.125 per non flow-through share

Warrants:                         2,300,000 share purchase warrants to 
                                  purchase 2,300,000 shares

Warrant Exercise Price:           $0.35 for a two year period

Number of Placees:                12 placees

Insider / Pro Group Participation:

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

James Marrelli                         Y            320,000
Korine Craig                           Y            200,000
Bruce Reilly                           Y            300,000
James Trusler                          Y            480,000

Finder's Fees:                    $3,000 in cash payable to BMO Nesbitt 
                                  Burns Ltee., Montreal, QC.

For further details, please refer to the Company's news release dated 
October 3, 2008.

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

RADISSON MINING RESOURCES INC. ("RDS")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: October 20, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation relating to 
an amended option agreement, dated October 1, 2008. The amendment relates 
to payment terms within the original August 29, 2005 agreement, under 
which the Company acquired a property located in the Dryden region of the 
province of Ontario.

Under the terms of the amended agreement, the final payment, which was to 
consist of 20,000 class A shares of the Company and $20,000 in cash will 
instead be made with 220,000 class A shares and $5,000 in cash.

For further information, please refer to the Company's press release dated 
October 17, 2008.

RESSOURCES MINIERES RADISSON INC. (" RDS ")
TYPE DE BULLETIN : Modification a une convention d'achat de propriete, 
d'actif ou d'actions
DATE DU BULLETIN : Le 20 octobre 2008
Societe du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepte le depot de documents relativement a un 
amendement a une convention d'option datee du 1er octobre 2008. 
L'amendement concerne les modalites de paiement aux termes de l'entente 
originale du 29 août 2005, selon laquelle la societe a acquis une 
propriete situe dans la region Dryden en Ontario.

Aux termes de l'entente amendee, le dernier paiement, qui aurait consiste 
en 20 000 actions categorie A de la societe et 20 000 $ en especes, 
consistera en 220 000 actions categorie A et 5 000 $ en especes.

Pour plus d'information, veuillez vous referer au communique de presse 
emis par la societe le 17 octobre 2008.

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

SEDEX MINING CORP. ("SDN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 20, 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 September 
9, 2008:

Number of Shares:                 6,666,667 flow through shares
                                  625,000 non-flow through shares

Purchase Price:                   $0.06 per share

Warrants:                         7,291,667 share purchase warrants to 
                                  purchase 7,291,667 shares

Warrant Exercise Price:           $0.10 for a two year period

Number of Placees:                2 placees

Finder's Fee:                     $32,000 payable to BMO Nesbitt Burns

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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SILK ROAD RESOURCES LTD. ("SIL")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: October 20, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to 
a Non-Brokered Private Placement announced July 3, 2008, July 16, 2008 and 
August 21, 2008:

Convertible Debenture             $500,000

Conversion Price:                 Convertible into common shares at $1.00 
                                  of principal outstanding

Maturity date:                    July 10, 2011

Interest rate:                    7% per annum

Number of Placees:                1 placee

Insider / Pro Group Participation:

                        Insider equals Y /
Name                   ProGroup equals P /     Principal Amount

Patriarco Holdings Ltd.                Y               $500,000
 (Anthony Patriarco and Nancy Patriarco)

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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SOLID RESOURCES LTD. ("SRW")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: October 20, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to 
issue 300,000 shares at a deemed price of $0.20 to settle outstanding debt 
for $60,000.

Number of Creditors:              1 Creditor

Insider / Pro Group Participation:

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

Kevin Moore                 Y     $60,000           $0.20        300,000

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

TSX-X
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SOLID RESOURCES LTD. ("SRW")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: October 20, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to 
issue 551,680 shares at a deemed price of $0.20 to settle outstanding debt 
for $100,836.

Number of Creditors:    3 Creditors

Insider / Pro Group Participation:

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

McKinders Financial         Y     $74,802           $0.20        424,010
 (Harry McKinders)
Leonard Trump               Y     $15,534           $0.20         77,670

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

TSX-X
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TEARLACH RESOURCES LIMITED ("TEA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 20, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for expedited filing documentation with 
respect to a Non-Brokered Private Placement announced October 15, 2008:

Number of Shares:                 1,000,000 shares

Purchase Price:                   $0.05 per share

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

Warrant Exercise Price:           $0.10 for a two year period

Number of Placees:                2 placees

Insider / Pro Group Participation:

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

Richard Pomper                         P            500,000

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
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VAULT MINERALS INC. ("VMI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 20, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation pertaining to 
an option agreement (the "Agreement") dated September 24, 2008, between 
Vault Minerals Inc. (the "Company") and four arms-length parties 
(collectively, the "Optionors"). Pursuant to the Agreement, the Company 
shall have the option to acquire a 100% undivided interest in a mining 
claim (the "Property") located in Teck Township of Ontario.

As consideration, the Company must pay the Optionors an aggregate of 
$27,000, issue 90,000 common shares, and incur a minimum aggregate of 
$50,000 in exploration expenditures on the Property within the first two 
years. The Company must pay the Optionors a 2% royalty (the "Royalty") 
from any production on the Property. Furthermore, the Company has the 
option to purchase 50% of the Royalty by making a further aggregate 
payment of $1,000,000 to the Optionors.

For further information, please refer to the Company's press release dated 
October 9, 2008.

TSX-X
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VAULT MINERALS INC. ("VMI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 20, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation pertaining to 
an option agreement (the "Agreement") dated September 24, 2008, between 
Vault Minerals Inc. (the "Company") and two arms-length parties 
(collectively, the "Optionors"). Pursuant to the Agreement, the Company 
shall have the option to acquire a 100% undivided interest in a mining 
claim (the "Property") located in Teck Township of Ontario.

As consideration, the Company must pay the Optionors an aggregate of 
$8,000, issue 30,000 common shares and incur a minimum of $5,000 in 
exploration expenditures on the Property within the first year. The 
Company must pay the Optionors a 2% royalty (the "Royalty") from any 
production on the Property. Furthermore, the Company has the option to 
purchase 50% of the Royalty by making a further aggregate payment of 
$1,000,000 to the Optionors.

For further information, please refer to the Company's press release dated 
October 9, 2008.

TSX-X
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VENGA AEROSPACE SYSTEMS INC. ("VAV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 20, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to 
a Non-Brokered Private Placement announced October 10, 2008:

Number of Shares:                 10,900,000 shares

Purchase Price:                   $0.05 per share

Number of Placees:                7 placees

Insider / Pro Group Participation:

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

David Jacob Rotfleisch                 Y          2,000,000

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).

TSX-X
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VITREOUS GLASS INC. ("VCI")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: October 20, 2008
TSX Venture Tier 2 Company

The Issuer has declared the following dividend:

Dividend per Share:               $0.06
Payable Date:                     November 17, 2008
Record Date:                      November 3, 2008
Ex-distribution Date:             October 30, 2008

TSX-X
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