TSX VENTURE COMPANIES
ASIAN TELEVISION NETWORK INTERNATIONAL LTD. ("SAT")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
The Issuer has declared the following dividend:
Dividend per Common Share: $0.01
Payable Date: May 18, 2010
Record Date: May 5, 2010
Ex-Dividend Date: May 3, 2010
TSX-X
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AVANTI MINING INC. ("AVT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 23, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation in connection
with a Purchase and Sale Agreement dated April 21, 2010 between the
Company and Nicholas Carter whereby the Company has acquired two mineral
claims located in Kitsault, British Columbia. The aggregate
consideration is $100,000 and 250,000 common shares that are payable in
tranches over a 48 month period. The claims are subject to a 2% Net
Smelter Royalty of which the Company may purchase half for $1,000,000
subject to further Exchange review and acceptance.
TSX-X
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BRANDENBURG METALS CORP. ("BBM.P")
BULLETIN TYPE: Resume Trading, Qualifying Transaction-Announced
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
Effective at the opening Monday, April 26, 2010, trading in the
Company's shares will resume.
This resumption does not constitute acceptance of the Company's proposed
acquisition under the terms of an option agreement between Brandenburg
Metals Corp. (the "Company"), Rubicon Minerals Corp. and Perry English
dated January 25, 2010 of an option to acquire a 100% interest in the
Pattullo Property (the 'Qualifying Transaction'), as described in the
Company's news release dated January 29, 2010 and should not be
construed as an assurance of the merits of the transaction or the
likelihood of completion.
The Company is required to submit all of the required initial
documentation relating to the Qualifying Transaction within 75 days of
the issuance of the news release. IF THIS DOCUMENTATION IS NOT
PROVIDED, OR IS INSUFFICIENT, A TRADING HALT MAY BE RE-IMPOSED.
Completion of the transaction is subject to a number of conditions.
Prior to the Exchange granting final acceptance of the Qualifying
Transaction, the Company must satisfy the Exchange's Minimum Listing
Requirements. There is a risk that the transaction will not be accepted
or that the terms of the transaction may change substantially prior to
acceptance. SHOULD THIS OCCUR, A TRADING HALT MAY BE RE-IMPOSED.
TSX-X
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CLOUDBREAK RESOURCES LTD. ("CDB")
BULLETIN TYPE: Consolidation
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders on March 31,
2010, the Company has consolidated its capital on a 10 old for 1 new
basis. The name of the Company and trading symbol have not been
changed.
Effective at the opening Monday, April 26, 2010, the common shares of
Cloudbreak Resources Ltd. will commence trading on TSX Venture Exchange
on a consolidated basis. The Company is classified as a 'Mining
Exploration/Development' company.
Post - Consolidation
Capitalization: Unlimited shares with no par value of which
10,902,763 shares are issued and
outstanding
Escrow Nil shares are subject to escrow
Transfer Agent: CIBC Mellon Trust Company
Trading Symbol: CDB (UNCHANGED)
CUSIP Number: 189122 20 3 (new)
TSX-X
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EMGOLD MINING CORPORATION ("EMR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced March 4, 2010 and April
12, 2010:
Second Tranche:
Number of Shares: 1,400,000 shares
Purchase Price: US$0.25 per share
Warrants: 1,400,000 share purchase warrants to
purchase 1,400,000 shares
Warrant Exercise Price: US$0.35 for a two year period
Number of Placees: 1 placee
Finder's Fee: US$28,000 cash and 112,000 warrants payable
to PowerOne Capital Markets Limited.
- Finder's fee warrants are exercisable at
US$0.25 per share for two years.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private
placement and setting out the expiry dates of the hold period(s). The
Company must also issue a news release if the private placement does not
close promptly. Note that in certain circumstances the Exchange may
later extend the expiry date of the warrants, if they are less than the
maximum permitted term.
TSX-X
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FLYING A PETROLEUM LTD. ("FAB")
BULLETIN TYPE: Halt
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
Effective at 9:45 a.m. PST, April 23, 2010, trading in the shares of the
Company was halted pending clarification of news, all trades today were
expunged pending clarification of the consolidation bulletin; 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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FLYING A PETROLEUM LTD. ("FAB")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
Effective at the opening, April 26, 2010, shares of the Company will
resume trading, an announcement having been made over StockWatch.
TSX-X
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G4G RESOURCES LTD. ("GXG")
BULLETIN TYPE: Warrant Term Extension, Remain Halted
BULLETIN DATE: April 23, 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: 2,600,000
Original Expiry Date
of Warrants: April 25, 2010
New Expiry Date
of Warrants: September 30, 2010
Exercise Price
of Warrants: $0.45
These warrants were issued pursuant to a private placement of 2,600,000
shares with 2,600,000 share purchase warrants attached, which was
accepted for filing by the Exchange effective April 25, 2008.
Trading in the shares of the Company will remain halted.
TSX-X
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GOLD SUMMIT CORPORATION ("GSM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to
an option agreement (the "Agreement") dated February 28, 2010, between
Gold Summit Corporation (the "Company") and an arm's length party (the
"Optionor"). Pursuant to the Agreement, the Company shall have the
option to acquire a 100% interest in 27 mineral claim units in Dent
Township, Ontario.
As consideration, the Company must issue the Optionor an aggregate of
300,000 shares with three years. The Issuer shall pay the Optionor a 2%
net smelter royalty (the "NSR") so long as production continues. The
Company shall have the option to purchase 50% of the NSR at any time by
making a payment of $1,000,000.
For further information, please refer to the Company's press release
dated March 17, 2010.
TSX-X
------------------------------------------------------------------------
GMV MINERALS INC. ("GMV")
BULLETIN TYPE: Consolidation
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders December 29,
2009, the Company has consolidated its capital on a 2 old for 1 new
basis. The name of the Company has not been changed.
Effective at the opening Monday, April 26, 2010 shares of GMV Minerals
Inc. will commence trading on TSX Venture Exchange on a consolidated
basis. The Company is classified as a 'Mining' company.
Post - Consolidation
Capitalization: Unlimited shares with no par value of which
16,921,727 shares are issued and
outstanding
Escrow 1,117,052 shares are subject to escrow
Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: GMV (UNCHANGED)
CUSIP Number: 3620M1 20 4 (new)
TSX-X
------------------------------------------------------------------------
GUARDIAN EXPLORATION INC. ("GX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 23, 2010
TSX Venture Tier 1 Company
Effective at the opening Monday, April 26, 2010 trading in the shares of
the Company will resume trading. Please refer to the Company's press
release dated April 22, 2010, for further information.
TSX-X
------------------------------------------------------------------------
INDICATOR MINERALS INC. ("IME")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated April 22, 2010, the
Exchange has accepted an amendment with respect to the first tranche of
a Non-Brokered Private Placement announced March 29, 2010. Union
Securities Ltd. will receive 74,375 finder warrants in addition to the
cash and flow-through units they are receiving and Northern Securities
Inc. will receive $3,850 and 42,000 finder warrants.
TSX-X
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INTERGOLD LTD. ("IGO.A")
BULLETIN TYPE: Delist-Offer to Purchase
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
Effective at the close of business April 26, 2010, the common shares of
Intergold Ltd. will be delisted from TSX Venture Exchange. The
delisting of the Company's shares results from Intergold Acquisition
Corp. purchasing 100% of the Company's shares pursuant to an Offer to
Purchase Agreement dated March 16, 2010. Intergold Ltd. shareholders
will receive $0.16 per share for each share held. For further
information please refer to Offer and Take-Over Bid circular dated March
16, 2010 and the company's news release dated April 21, 2010.
TSX-X
------------------------------------------------------------------------
JOURDAN RESOURCES INC. ("JRN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating
to an arm's length agreement dated April 20, 2010 between Glenn
Griesbach, Wilhelm Lambertz, John-Mark Staude, Kamaleddin S. Salmasi and
the Company, in connection with the acquisition by the Company of the
right to earn a 100% interest in 57 claims totaling 3,024 hectares in
the sector of the Lac Pivert Property, located south of the community of
La Grande (Quebec).
Under the terms of the Agreement, the Company is required to issue a
total of 5,000,000 shares (3,000,000 shares at the signing date and
2,000,000 shares on or before the first anniversary date of the
agreement) and make cash payments of an aggregate of $50,000 ($30,000 at
the signing date and $20,000 on or before the first anniversary date of
the agreement).
The Company will also be required to pay a net smelter royalty of 2 % of
which 1% may be repurchased for $1,000,000.
The Company has paid a finder's fee to Mr. Bertrand Brassard in the form
of 3,000,000 shares.
For further information, please refer to the Company's press release
dated April 21, 2010.
RESSOURCES JOURDAN INC. ("JRN")
TYPE DE BULLETIN : Convention d'achat de propriete, d'actif ou d'actions
DATE DU BULLETIN : Le 23 avril 2010
Societe du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepte le depot de documents en vertu d'une
entente a distance datee du 20 avril 2010 entre Glenn Griesbach, Wilhelm
Lambertz, John-Mark Staude, Kamaleddin S. Salmasi et la societe, selon
laquelle la societe a le droit d'acquerir un interet de 100 % dans 57
claims miniers totalisant 3 024 hectares dans le secteur de la propriete
du Lac Pivert, situee au sud de la communaute de La Grande (Quebec).
Selon les termes de l'entente, la societe doit emettre un total de
5 000 000 d'actions (3 000 000 d'actions a la date de signature et
2 000 000 d'actions d'ici le premier anniversaire de l'entente) et
effectuer des paiements totalisant 50 000 $ (30 000 $ a la date de
signature et 20 000 $ d'ici le premier anniversaire de l'entente).
La societe devra egalement payer une royaute equivalente a 2 % du
produit brut de fonderie dont 1 % peut etre rachete pour un montant de
1 000 000 $.
La societe a paye un honoraire d'intermediation a M. Bertrand Brassard
sous la forme de 300 000 actions.
Pour plus d'information, veuillez referer au communique de presse emis
par la societe le 21 avril 2010.
TSX-X
------------------------------------------------------------------------
MACARTHUR MINERALS LIMITED ("MMS")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated April 22, 2010, the
Company has advised that the following information regarding the
finder's fees is amended:
Finders' Fees: $329,700 cash and 219,800 warrants
exercisable at $1.80 for three years
payable to Macquarie Capital Markets Canada
Ltd.
$112,350 cash and 74,900 warrants (same
terms as above) payable to PowerOne Capital
Corp.
$63,000 cash and 42,000 warrants (same
terms as above) payable to Jennings Capital
Inc.
$3,675 cash and 2,450 warrants (same terms
as above) payable to Raymond James Ltd.
TSX-X
------------------------------------------------------------------------
NQ EXPLORATION INC. ("NQE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating
to an option agreement dated April 12, 2010, between D'Arianne Resources
Inc. (" D'Arianne ") and the Company, whereby the Company may obtain an
initial 50% interest in the 15 claims comprising the Brouillan Property,
located in the Northern Abitibi region of the province of Qu,bec.
In order to obtain an initial 50% interest, the Company must issue
700,000 common shares to D'Arianne (100,000 within the first year upon
signing) over a four-year period, and engage in $500,000 in exploration
work over four years ($25,000 within the first year). Upon completion
of $500,000 in exploration work, the Company will be granted a
subsequent option to earn an additional 30% interest in the property for
an additional two year period.
For further information, please refer to the Company's press release
dated April 13, 2010.
EXPLORATION NQ INC. ("NQE")
TYPE DE BULLETIN : Convention d'achat de propriete, d'actif ou d'actions
DATE DU BULLETIN : Le 23 avril 2010
Societe du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepte le depot de documents en vertu d'une
convention datee du 19 avril 2010, entre Ressources d'Arianne inc.
("d'Arianne") et la societe, relativement a l'acquisition d'un interet
de 50 % dans les 15 claims de la propriete Brouillan, situee dans le
nord de la region d'Abitibi, dans la province de Quebec.
Afin d'obtenir un interet initial de 50 %, la societe doit emettre 700
000 actions ordinaires sur une periode de quatre ans (100 000 pendant la
premiere annee) et effectuer 500 000 $ en travaux d'exploration (25 000
$ pendant la premiere annee). Des que la societe a complete 500 000 $ en
travaux, elle se verra octroyee l'option d'acquerir un interet
additionnel de 30 % pendant une periode de deux ans supplementaires.
Pour plus d'information, veuillez-vous referer au communique de presse
emis par la societe le 13 avril 2010.
TSX-X
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OUTLOOK RESOURCES INC. ("OLR")
BULLETIN TYPE: Halt
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
Effective at 12:10 p.m. PST, April 23, 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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PINNACLE MINES LTD. ("PNL.RT")
BULLETIN TYPE: Rights Expiry-Delist
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
Effective at the opening, April 27, 2010, the Rights of the Company will
trade for cash. The Rights expire April 30, 2010 and will therefore be
delisted at the close of business April 30, 2010.
TRADE DATES
April 27, 2010 - TO SETTLE - April 28, 2010
April 28, 2010 - TO SETTLE - April 29, 2010
April 29, 2010 - TO SETTLE - April 30, 2010
April 30, 2010 - TO SETTLE - April 30, 2010
The above is in compliance with Trading Rule C.2.18 - Expiry Date:
Trading in the rights shall be for cash for the three trading days
preceding the expiry date and also on expiry date. On the expiry date,
trading shall cease at 12 o'clock noon E.T. and no transactions shall
take place thereafter except with permission of the Exchange.
TSX-X
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PURE INDUSTRIAL REAL ESTATE TRUST ("AAR.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: April 23, 2010
TSX Venture Tier 1 Company
The Issuer has declared the following distribution:
Distribution per
Trust Unit: $0.025
Payable Date: May 17, 2010
Record Date: April 30, 2010
Ex-Distribution Date: April 28, 2010
TSX-X
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QUEST RARE MINERALS LTD. ("QRM")
(formerly Quest Uranium Corporation ("QUC"))
BULLETIN TYPE: Name Change
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
The Company has changed its name from Quest Uranium Corporation to Quest
Rare Minerals Ltd. There is no consolidation of capital.
Effective at the opening Monday, April 26, 2010, the common shares of
Quest Rare Minerals Ltd. will commence trading on TSX Venture Exchange
and the common shares of Quest Uranium Corporation will be delisted. The
Company is classified as a "Mineral Exploration / Development" issuer.
Capitalization: Unlimited number of common shares without
par value of which 40,901,342 shares are
issued and outstanding
Escrow: 1,122,907
Transfer Agent: Computershare Investor Services Inc. -
Montreal and Toronto
Trading Symbol: QRM (new)
CUSIP Number: 74836T 10 1 (new)
MINERAUX RARES QUEST LTEE ("QRM")
(Anciennement Corporation Uranium Quest ("QUC"))
TYPE DE BULLETIN : Changement de denomination sociale
DATE DU BULLETIN : Le 23 avril 2010
Societe du groupe 2 de TSX Croissance
La societe a modifie sa denomination sociale de Corporation Uranium
Quest a Mineraux Rares Quest Ltee. Il n'y a pas de consolidation du
capital-actions.
Les actions ordinaires de Mineraux Rares Quest Ltee seront admises a la
negociation de Bourse de croissance TSX a l'ouverture des affaires le 26
avril 2010 et les actions ordinaires de Corporation Uranium Quest seront
retirees de la cote. La societe est categorisee comme une "societe
d'exploration et de developpement minier".
Capitalisation: Un nombre illimite d'actions ordinaires
sans valeur nominale, dont 40 901 342
actions sont emises et en circulation
Titres entierces: 1 122 907
Agent des transferts: Services aux Investisseurs Computershare
inc. - Montreal et Toronto
Symbole au telescripteur: QRM (nouveau)
Numero de CUSIP: 74836T 10 1 (nouveau)
TSX-X
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QUETZAL ENERGY LTD. ("QEI")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Brokered Private Placement announced February 25, 2010:
Number of Shares: 58,816,000 shares
Purchase Price: $0.14 per share
Warrants: 58,816,000 share purchase warrants to
purchase 58,816,000 shares
Warrant Exercise Price: $0.20 until October 26, 2011
Number of Placees: 35 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Graham Saunders P 750,000
Robert Hatfield P 200,000
Craig Warren P 200,000
Simon Akit P 25,000
Steven B. Gieni Y 178,500
Agent's Fee: An aggregate 4,117,120 agent's options and
4,117,120 agent's units issuable to
Canaccord Financial Ltd. and Clarus
Securities Inc. Each agent's option is
exercisable into one common share at a
price of $0.14 per share until October 26,
2011. Each agent's unit consists of a
common share and one common share purchase
warrant. Each common share purchase warrant
is exercisable into one common share at a
price of $0.20 per share until October 26,
2011.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
has issued a news release announcing the closing of the private
placement and setting out the expiry dates of the hold period(s). Note
that in certain circumstances the Exchange may later extend the expiry
date of the warrants, if they are less than the maximum permitted term.
TSX-X
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ST. ELIAS MINES LTD. ("SLI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced March 10, 2010:
Number of Shares: 2,700,000 shares
Purchase Price: $0.75 per share
Warrants: 2,700,000 share purchase warrants to
purchase 2,700,000 shares
Warrant Exercise Price: $1.00 for a one year period
Number of Placees: 34 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Robert Saunders P 25,000
David Elliott P 50,000
Andrew Williams P 25,000
Lori McClenehan Y 106,667
Senojoc Management Inc.
(Lori McClenehan) Y 47,585
Finder's Fee: 79,600 units payable to Elco Securities
Limited
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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SUROCO ENERGY INC. ("SRN")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated April 20, 2010, effective
at the opening, April 23, 2010 trading in the shares of the Company will
remain halted pending receipt and review of acceptable documentation
regarding the Change of Business and/or Reverse Takeover pursuant to
Listings Policy 5.2.
TSX-X
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TAKU GOLD CORP. ("TAK")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of
an Option Agreement dated March 30, 2010 between the Company and Shawn
Ryan (the "Optionor") whereby the Company may acquire a 100% interest in
120 claims forming the Rose Property (the "Property") located 65km south
of Dawson City in the White Gold district of the Yukon.
The total consideration payable to the Optionor consists of cash
payments totaling $325,000; a total share issuance of 1,000,000 shares
and incurring exploration expenditures on the Property in the amount of
$1,000,000 all payable in stages over a four year period.
A finders fee is payable to Greg Feteke in the amount of 75,000 common
shares.
TSX-X
------------------------------------------------------------------------
TOUCHDOWN RESOURCES INC. ("TDW")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced February 2, 2010:
Number of Shares: 880,000 shares
Purchase Price: $0.15 per share
Warrants: 880,000 share purchase warrants to purchase
880,000 shares
Warrant Exercise Price: $0.25 for a one year period
$0.35 in the second year
If the Company's shares trade at or above the weighted average trading
price of $0.40 per share for a period of 10 consecutive trading days the
Company shall give notice via news release that the warrants will expire
30 days from the date of such notice.
Number of Placees: 10 placees
Finders' Fees: $3,525 and 23,500 broker warrants payable
to PI Financial Corp.
$3,225 and 21,500 broker warrants payable
to Canaccord Financial Ltd.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private
placement and setting out the expiry dates of the hold period(s). The
Company must also issue a news release if the private placement does not
close promptly.
TSX-X
------------------------------------------------------------------------
TOUCHDOWN RESOURCES INC. ("TDW")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced February 2, 2010:
Number of Shares: 3,745,000 shares
Purchase Price: $0.12 per share
Warrants: 3,745,000 share purchase warrants to
purchase 3,745,000 shares
Warrant Exercise Price: $0.17 for a one year period
$0.25 in the second year
If the Company's shares trade at or above the weighted average trading
price of $0.30 per share for a period of 10 consecutive trading days the
Company shall give notice via news release that the warrants will expire
30 days from the date of such notice.
Number of Placees: 19 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Kerry Chow P 300,000
Dave Garnett P 100,000
Roberto Chu P 100,000
Finders' Fees: $31,800 and 265,000 broker warrants payable
to PI Financial Corp.
$8,640 and 72,000 broker warrants payable
to Canaccord Financial Ltd.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private
placement and setting out the expiry dates of the hold period(s). The
Company must also issue a news release if the private placement does not
close promptly.
TSX-X
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WESTERN CANADA ENERGY LTD. ("WCE")
BULLETIN TYPE: Halt
BULLETIN DATE: April 23, 2010
TSX Venture Tier 2 Company
Effective at the opening, April 23, 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
------------------------------------------------------------------------
Wescan Energy (TSXV:WCE)
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