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SFR Sandfire Resources America Inc

0.295
0.00 (0.00%)
23 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Sandfire Resources America Inc TSXV:SFR 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% 0.295 0.23 0.48 0 21:11:02

TSX Venture Exchange Daily Bulletins for September 25, 2008

25/09/2008 10:34pm

Marketwired Canada


TSX VENTURE COMPANIES

ADAMUS RESOURCES LIMITED ("ADU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 25, 2008
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced September 23, 2008:

Number of Shares:            6,800,000 shares

Purchase Price:              AUD$0.30 per share

Number of Placees:           2 placees

Insider / Pro Group Participation:

                             Insider equals Y /
Name                        ProGroup equals P /         # of Shares
Macquarie Bank Limited                      Y             3,400,000
Hightime Investments Pty Ltd.
 (Robert Charles Gardner)                   Y             3,400,000

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

ALDRIDGE MINERALS INC. ("AGM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 25, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced July 29, 2008:

Number of Shares:            445,100 shares

Purchase Price:              $2.75 per share

Warrants:                    445,100 share purchase warrants to purchase
                             445,100 shares

Warrant Exercise Price:      $3.40 for a two year period

Number of Placees:           92 placees

Finder's Fee:                Advice Portfolio Management GmbH will receive
                             a 7% cash fee in the amount of $84,719.25 and
                             6% in Finder's Warrants equal to 26,406
                             warrants that are exercisable into common
                             shares at $2.75 per share to September 12,
                             2010.

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

ALTIMA RESOURCES LTD. ("ARH")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: September 25, 2008
TSX Venture Tier 2 Company

Further to the bulletin dated July 31, 2008 with respect to the first
tranche of the Company's private placement announced June 4, 2008 and
amended July 29, 2008, TSX Venture Exchange has been advised that the
non-flow-through portion of the private placement should have been for
6,759,572 units, not 6,821,644 units, at a price of $16 per unit.

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

AMADOR GOLD CORP. ("AGX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 25, 2008
TSX Venture Tier 2 Company

Effective at the open, September 25, 2008, shares of the Company resumed
trading, an announcement having been made over StockWatch.

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

BELL COPPER CORPORATION ("BCU")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: September 25, 2008
TSX Venture Tier 2 Company

Further to the bulletin dated September 5, 2008 with respect to the first
tranche of the Company's private placement announced April 4, 2008 and
amended August 7, 2008, TSX Venture Exchange has been advised of the
following amendments:

Number of Shares:            1,968,750 shares (not 1,998,500 shares)

Purchase Price:              $0.40 per share

Warrants:                    984,375 share purchase warrants to purchase
                             984,375 shares (not 999,250 share purchase
                             warrants)

Warrant Exercise Price:      $0.50 for a one year period

Insider / Pro Group Participation:

                             Insider equals Y /
Name                        ProGroup equals P /         # of Shares
Haywood Securities Inc.
 - ITF Nexvu Capital Corp.
 (Brian Leeners, Gregory
 Pearson, Gordon Fretwell,
 W. Glen Zinn)                              Y               421,250
Brian Leeners                               Y                25,000

Finders' Fees:               Devenir - $6,400.00
                             Research Capital Corporation - $2,800.00
                             Mont Blanc Capital Corp. (Jurgen Bietumple) -
                             42,700 common shares

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

CANADA ZINC METALS CORP. ("CZX")
(formerly Mantle Resources Inc. ("MTS"))
BULLETIN TYPE: Name Change
BULLETIN DATE: September 25, 2008
TSX Venture Tier 1 Company

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

Effective at the opening September 26, 2008, the common shares of Canada
Zinc Metals Corp. will commence trading on TSX Venture Exchange, and the
common shares of Mantle Resources Inc. will be delisted. The Company is
classified as a 'Resource' company.

Capitalization:              Unlimited shares with no par value of which
                             69,105,118 shares are issued and outstanding
Escrow:                      NIL

Transfer Agent:              Pacific Corporate Trust Company
Trading Symbol:              CZX         (new)
CUSIP Number:                135306 10 8 (new)

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

CANADIAN EQUIPMENT RENTAL FUND LIMITED PARTNERSHIP ("CFL.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: September 25, 2008
TSX Venture Tier 1 Company

The Issuer has declared the following distribution:

Distribution per Trust Unit: $0.16
Payable Date:                October 13, 2008
Record Date:                 September 30, 2008
Ex-Distribution Date:        September 26, 2008

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

CONWAY RESOURCES INC. ("CWY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 25, 2008
TSX Venture Tier 2 Company

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

Number of Shares:            4,000,000 common shares

Purchase Price:              $0.05 per common share

Number of Placees:           1 placee

Insider / Pro Group Participation:

                             Insider equals Y /
Name                       Pro Group equals P      Number of Shares
Laurent Beaudouin                           Y             4,000,000

The Company has confirmed the closing of the above-mentioned Private
Placement.

RESSOURCES CONWAY INC. ("CWY")
TYPE DE BULLETIN : Placement prive sans l'entremise d'un courtier
DATE DU BULLETIN : Le 25 septembre 2008
Societe du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepte le depot de la documentation en vertu
d'un placement prive sans l'entremise d'un courtier, tel qu'annonce le 28
aout 2008 :

Nombre d'actions :           4 000 000 d'actions ordinaires

Prix :                       0,05 $ par action ordinaire

Nombre de souscripteurs :    1 souscripteur

Participation Initie / Groupe Pro :

                             Initie egale Y /
Nom                      Groupe Pro egale P        Nombre d'actions
Laurent Beaudouin                         Y               4 000 000

La societe a confirme la cloture du placement prive precite.

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

GOLDREA RESOURCES CORP. ("GOR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 25, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 16, 2007:

Number of Shares:            17,592,253 shares

Purchase Price:              $0.60 per share

Warrants:                    8,796,126 share purchase warrants to purchase
                             8,796,126 shares

Warrant Exercise Price:      $0.75 for a two year period

Number of Placees:           224 placees

Insider / Pro Group Participation:

                             Insider equals Y /
Name                        ProGroup equals P /         # of Shares
Tony Frakes                                 P                20,000
Pam Johnston                                P                50,000
Mark Ely                                    P                25,000

Finders' Fees:               $555,713 payable to Mike Hoy
                             $225,000 payable to Henk Thijssen
                             $4,500 payable to Duncan Hsia
                             $28,240 payable to Ken Reser
                             $82,458 payable to James Elbert
                             $42,920 payable to Ron Kolman
                             $5,100 payable to Dwayne Lowdermilk
                             $19,620 payable to JeanDan Management Ltd.
                             $13,480 payable to Carol Morgan
                             $15,000 payable to Joseph Karner
                             $4,404 payable to Dundee Securities
                             Corporation
                             $2,400 payable to Gabriela Gates
                             $1,500 payable to Michael Alexander
                             $1,500 payable to William Miller
                             $6,300 payable to Haywood Securities Inc.
                             $3,000 payable to Capital Street Group
                             Investment Services, 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
---------------------------------------------------------------------

HIGHLAND RESOURCES INC. ("HI")
(formerly Highland Resources Inc. ("HI.P"))
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol
BULLETIN DATE: September 25, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's Qualifying
Transaction described in its Filing Statement dated September 16, 2008. As
a result, at the opening on Friday, September 26, 2008, the Company will no
longer be considered a Capital Pool Company. The Qualifying Transaction
includes the following:

- the acquisition of an option to acquire a 100% interest in the Montgomery
Pass Property from Desert Pacific Exploration Inc, for consideration of:

-- 775,000 shares of the Company,
-- cash payment of US$ $247,500, and
-- Exploration expenditures of $3,850,000 all over 5 years

The Exchange has been advised that the above transaction has been
completed.

Capitalization:              Unlimited shares with no par value of which
                             4,277,501 shares are issued and outstanding
Escrow:                      1,000,001 shares held by principal
                             shareholders are held under a CPC escrow
                             agreement based on a 36 month release
                             1,000,000 shares held by non-principal
                             shareholders are held under a CPC escrow
                             agreement based on a 36 month release

Symbol:                      HI (same symbol as CPC but with .P removed)

The Company is classified as a "Gold Exploration" company.

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

LA QUINTA RESOURCES CORPORATION ("LAQ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 25, 2008
TSX Venture Tier 2 Company

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

Second Tranche:

Number of Shares:            1,542,674 shares

Purchase Price:              $0.25 per share

Warrants:                    771,337 share purchase warrants to purchase
                             771,337 shares

Warrant Exercise Price:      $0.40 in the first year
                             $0.60 in the second year

Number of Placees:           33 placees

Insider / Pro Group Participation:

                             Insider equals Y /
Name                        ProGroup equals P /         # of Shares
Kerry Smith                                 P               140,000
Lisa Stefani                                P                50,000

Finders' Fees:               $19,560 cash and 105,280 warrants payable to
                             Haywood Securities Inc.
                             $6,760 cash payable to HBS Financial Planning
                             Limited
                             $2,540 cash and 10,160 warrants payable to
                             Gateway Securities Inc.
                             - Finder's Fee warrants are exercisable at
                             $0.45 per share for one year.

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

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

MELKIOR RESOURCES INC. ("MKR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 25, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation relating to an
Acquisition Agreement dated April 9, 2008 and amended on June 2, 2008,
between Geotest Corporation, North American Exploration Ltd., Geovector
Management Inc., Norman Farrell, Wade Kornik and Nathalie Hansen (together
the "Vendors") and the Company, whereby the Company has acquired from the
Vendors a 100% interest in the East Rim Nickel property, 1,355 mining
claims (21,680 ha), and a 50% interest in the West Rim Nickel property, 916
mining claim (14,656 ha), located in the McFauld's Lake area in Northern
Ontario.

Under the terms of the Agreement, the Company must issue 2,500,000 shares
and make a cash payment of $306,000 to the Vendors.

For further information please refer to the Company's news releases dated
March 27, May 6 and September 23, 2008.

RESSOURCES MELKIOR INC. ("MKR")
TYPE DE BULLETIN : Convention d'achat de propriete, d'actif ou d'actions
DATE DU BULLETIN : Le 25 septembre 2008
Societe du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepte le depot de documents en vertu d'une
convention d'acquisition datee du 9 avril 2008 et amendee le 2 juin 2008
entre Geotest Corporation, North American Exploration Ltd., Geovector
Management Inc., Norman Farrell, Wade Kornik et Nathalie Hansen (ensemble
les "vendeurs") et la societe, selon laquelle la societe a acquis un
interet de 100 % dans la propriete East Rim Nickel, 1 355 claims miniers
(21 680 ha), et un interet de 50 % dans la propriete West Rim Nickel, 916
claims miniers (14 656 ha), situes dans la region McFauldes Lake dans le
nord de l'Ontario.

Selon les termes de l'entente, la societe doit emettre 2 500 000 actions et
effectuer un paiement comptant de 306 000 $ aux vendeurs.

Pour plus d'information, veuillez vous referer aux communiques de presse
emis par la societe le 27 mars, le 6 mai et le 23 septembre 2008.

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

NETCO ENERGY INC. ("NEI")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: September 25, 2008
TSX Venture Tier 1 Company

TSX Venture Exchange Inc. has accepted for filing a Petroleum, Natural Gas
and Related Rights Conveyance among the Company, EnCana Oil & Gas
Partnership ("EnCana") and Nation Energy Inc. ("Nation") dated September
18, 2008 (the "Agreement"). Under the Agreement, the Company and Nation
have agreed to sell their assets in the Smoky Area of Alberta to EnCana
for a total net price of Cdn$1,600,000. The Company will receive
Cdn$505,000 and Nation will receive Cdn$1,095,000 of the total price, plus
applicable tax.

Insider / Pro Group Participation: None

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

NICER CANADA CORP. ("NC")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: September 25, 2008
TSX Venture Tier 2 Company

Further to TSX Venture Exchange Bulletin dated September 9, 2008, the
Exchange has been advised that the Cease Trade Order issued by the British
Columbia Securities Commission on September 9, 2008 has been revoked.

Effective at the opening, September 26, 2008 trading will be reinstated in
the securities of the Company (CUSIP 653657 10 6).

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

NORTHERN STAR MINING CORP. ("NSM")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: September 25, 2008
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced August 14, 2008 and September
11, 2008:

Debenture:                   US$42,000,000 raised by 42,000 units with a
                             principal amount of US$1,000 per unit.

Units:                       Each unit consists of one transferable senior
                             secured note ('Note') in the principal amount
                             of US$1,000 and 750 transferable share
                             purchase warrants to purchase 750 common
                             shares. The Notes bear an interest rate of 14%
                             per annum and will mature in two years from
                             the date of issuance at 125% of the principal
                             amount thereof, provided that in the event of
                             a change in control of the Company, the Notes
                             will become immediately due and payable. The
                             Notes are senior-ranking and will be secured
                             by all of the assets of the Company. The
                             purchasers of the Units will also receive a
                             due diligence fee in an amount equal to 5% of
                             their total subscription amount.

Maturity date:               Two years from date of issuance

Interest rate:               14% per annum, calculated and payable
                             semi-annually (with the first six months'
                             interest to be prepaid)

Warrants:                    31,500,000 share purchase warrants to purchase
                             31,500,000 shares

Warrant Exercise Price:      $1.20 for a five year period

Number of Placees:           162 placees

Agent's Fee:                 Casimir Capital L.P. will receive US$2,100,000
                             and 2,100,000 non-transferable agent's
                             warrants, each exercisable for one share at a
                             price of $1.20 for a five year 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.

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

PETROGLOBE INC. ("PGB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 25, 2008
TSX Venture Tier 2 Company

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

Number of Shares:            3,564,000 flow-through shares

Purchase Price:              $0.25 per share

Number of Placees:           42 placees

Insider / Pro Group Participation:

                             Insider equals Y /
Name                        ProGroup equals P /         # of Shares
William Kanters                             P                40,000
Antonio Migilarese                          P                80,000
Nancy Girling                               P                50,000
David Shepherd                              P               100,000
David Elliot                                P               150,000
Andrew Williams                             P               100,000
Jason James                                 Y                14,000

Finders:                     Canadian Western Management Ltd.
                             Haywood Securities Inc.
                             Odem Exploration Ltd.

Finder's Fees:               A total of $45,300 cash distributed as
                             follows:
                             Canadian Western Management Ltd. - $10,100
                             Haywood Securities Inc. - $ 30,600
                             Odem Exploration Ltd. - $ 4,600

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

POLY-PACIFIC INTERNATIONAL INC. ("PMB")
BULLETIN TYPE: Company Tier Reclassification
BULLETIN DATE: September 25, 2008
TSX Venture Tier 1 Company

In accordance with Policy 2.5, the Company has not maintained the
requirements for a Tier 1 company. Therefore, effective September 26, 2008,
the Company's Tier classification will change from Tier 1 to:

Classification

Tier 2

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

RADIANT ENERGY CORPORATION ("RDT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: September 25, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to
issue 3,658,987 common shares at a deemed value of $0.12 per share to
settle outstanding debt for CDN$439,079.

Number of Creditors:         1 Creditor

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

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

REPEATSEAT LTD. ("RPS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 25, 2008
TSX Venture Tier 2 Company

Second and Final closing

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

Number of Shares:            1,041,667 common shares

Purchase Price:              $0.12 per share

Number of Placees:           2 placees

No Insider / Pro Group Participation

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

RUBY RED RESOURCES INC. ("RRX")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: September 25, 2008
TSX Venture Tier 2 Company

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

# of Warrants:               1,600,000
Original Expiry Date of
 Warrants:                   October 3, 2008 and November 3, 2008
New Expiry Date of Warrants: April 3, 2009
Exercise Price of Warrants:  $0.35 per share

These warrants were issued pursuant to a private placement of 1,600,000
shares with 1,600,000 share purchase warrants attached, which was accepted
for filing by the Exchange effective May 9, 2007.

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

ST. EUGENE MINING CORP. LTD. ("SEM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 25, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced August 8, 2008:

Number of Shares:            170,000 shares (of which 136,000 are
                             flow-through)

Purchase Price:              $0.10 per share

Warrants:                    85,000 share purchase warrants to purchase
                             85,000 shares

Warrant Exercise Price:      $0.15 for a one year period

Number of Placees:           3 placees

Insider / Pro Group Participation:

                             Insider equals Y /
Name                        ProGroup equals P /         # of Shares
Don Barker                                  Y                40,000
                                                          10,000 FT

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

STARFIRE MINERALS INC. ("SFR")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: September 25, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation of a mineral
property option agreement dated June 25, 2007, as amended on May 29, 2008
between Starfire Minerals Inc. (the "Optionor") and Santos Resources Corp.
("Santos", the Purchaser) whereby the Issuer has an option to dispose of a
75% interest in eighteen mineral claims (the Lordeau property, the
"Property") located in the Opinaca area of Northern Quebec.

In order to acquire its interest in the Property, Santos is required to pay
$10,000 cash, issue 75,000 shares of Santos and incur $100,000 in work
expenditures on the Property by July 25, 2009, to exercise the option. Both
parties have agreed that upon Santos exercising its option and acquiring
its 75% interest in the Property, they will then enter into a further
agreement whereby exploratory work is to be financed based upon the pro
rata ownership of each party.

The Optionor will retain a 3% net smelter return royalty.

Common Insider:              Richard Pierce.

For further information, please refer to the Company's news release dated
May 29, 2008.

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

SUROCO ENERGY INC. ("SRN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 25, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation in respect of
the Company's arm's length acquisition (the Acquisition) of NCT Corporacion
Petrola Latinoamericana S.L. (NCT), a private Spanish company, as reflected
in a Securities Exchange Agreement dated effective December 1, 2007, as
entered into among NCT, unitholders of NCT and the Company (the Acquisition
Agreement).

Pursuant to the Acquisition Agreement, the Company acquired all the issued
and outstanding participation units of NCT in exchange for 11,594,706
common shares of the Company issued at a deemed price of US $0.80 per
share, the issuance of 4,375,000 special warrants of the Company (the
Special Warrants) and the payment of US $24,234 in cash.

NCT has entered into an agreement to acquire an interest in the Pirineo
Block in Mexico held indirectly by Manuel Trevino in exchange for 704,653
units (the Trevino Units) to be registered in the name of Manuel Trevino
(the Trevino Transaction.)

The Special Warrants will entitle the beneficial holder, Manuel Trevino, to
acquire a total of 4,375,000 common shares of the Company in exchange for
the Trevino Units, at no additional cost, in the event that the Trevino
Transaction is completed by April 17, 2009. If the Trevino Transaction is
not completed by that date, then unless extended by agreement of the
Company and Manuel Trevino, the Trevino Units will not be issued to Manuel
Trevino and the Special Warrants will expire and confer no right to acquire
common shares of the Company. The Special Warrants also include a call
feature whereby upon completion of the Trevino Transaction, the Company
will have the right to compel the exchange of Trevino Units for the
4,375,000 common shares pursuant to the Special Warrants.

Insider / Pro Group Participation:

                             Insider equals Y /
Name                        ProGroup equals P           # of Shares
Manuel Trevino                              Y             4,103,415
Fernando Puig                               Y             1,475,377

For further information please refer to the news releases of the Company
dated June 5, July 10, September 6, October 11, and December 12, 2007, as
well as those dated April 1 and April 18, 2008, as filed on SEDAR.

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

TRIGON URANIUM CORP. ("TEL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 25, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for expedited filing documentation of a
Letter Agreement dated June 5, 2007 and an Amendment to Letter Agreement
dated August 4, 2008 between the Issuer, Trigon Exploration Red Canyon Inc.
(a wholly-owned subsidiary of the Issuer) and Billy Hurst, Deen Lyman,
Deryl Shumway, Mitch Shumway, David Anderson, Lynden Kunde, Becky Angelo,
John Palner, and Shumway Brothers Mining LLC (collectively, the
"Optionors") whereby the Issuer has acquired a 100% interest in a 20-year
lease and option to purchase 40 unpatented Mining Claims and 3 State of
Utah Mineral leases issue by the School and Institutional Trust Lands
Administration in San Juan County, Utah.

As consideration for the 20-year lease, the Issuer will issue a total of
350,000 common shares to the Optionors on or before December 31, 2008.
There are no work commitments for the first year of the transaction. The
Issuer is responsible for the property maintenance costs. The Issuer will
have the option during the lease term to purchase 100% of the properties
for $8,000,000 in cash. The claims and leases are subject to royalties
ranging from nil to 8% depending on the uranium spot price.

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

VIRTUTONE NETWORKS INC. ("VFX")
(formerly Sawhill Capital Ltd. ("SWW"))
BULLETIN TYPE: Name Change
BULLETIN DATE: September 25, 2008
TSX Venture Tier 2 Company

Pursuant to a resolution passed by shareholders on September 22, 2008, the
Company has changed its name as follows. There is no consolidation of
capital.

Effective at the opening Friday, September 26, 2008, the common shares of
Virtutone Networks Inc. will commence trading on TSX Venture Exchange, and
the common shares of Sawhill Capital Ltd. will be delisted. The Company is
classified as a 'Telecommunications' company.

Capitalization:              unlimited shares with no par value of which
                             16,439,520 shares are issued and outstanding
Escrow:                      10,575,000 shares

Transfer Agent:              Olympia Trust Company
Trading Symbol:              VFX         (new)
CUSIP Number:                92828L 10 0 (new)

TSX-X
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WELLSTAR ENERGY CORP. ("WSE")
(formerly Wellstar Energy Corp. ("WST"))
BULLETIN TYPE: Consolidation, Symbol Change
BULLETIN DATE: September 25, 2008
TSX Venture Tier 2 Company

Pursuant to a special resolution passed by shareholders on September 19,
2008, the Company has consolidated its capital on a five (5) old for one
(1) new basis and has subsequently increased its authorized capital. The
name of the Company has not been changed.

Effective at the opening, September 26, 2008, the common shares of Wellstar
Energy Corp. will commence trading on TSX Venture Exchange on a
consolidated basis. The Company is classified as a 'Junior Natural
Resource' company.

Post - Consolidation
Capitalization:              Unlimited shares with no par value of which
                             3,086,105 shares are issued and outstanding
Escrow                       Nil shares are subject to escrow

Transfer Agent:              Pacific Corporate trust Company

Trading Symbol:              WSE         (new)
CUSIP Number:                95024Q 20 3 (new)

TSX-X
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