TSX Venture Exchange Daily Bulletins for August 7, 2009

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 7, 2009) - /T/ TSX VENTURE COMPANIES: ARCUS DEVELOPMENT GROUP INC. ("ADG") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: August 7, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for expedited filing documentation of an Option Agreement dated June 9, 2009 between the Issuer and ATAC Resources Ltd. (the "Optionor") whereby the Issuer may acquire a 50% interest in the Green Gulch, Touleary, Dan Man and Shamrock mineral claim blocks, all located in west-central Yukon Territory. The consideration payable to the Optionor consists of cash payments totaling $185,000 and share issuances totaling 1,000,000 common shares of the Company payable in stages over a 3 year period ending March 1, 2012. In addition, there are exploration commitments on the properties totaling $3,500,000 payable in stages over a 2 year period ending December 31, 2011. For further information, please refer to the Company's news release dated June 10 and July 3, 2009. TSX-X -------------------------------------------------------------------------- BCGOLD CORP. ("BCG") BULLETIN TYPE: Private Placement-Non-Brokered, Correction BULLETIN DATE: August 7, 2009 TSX Venture Tier 2 Company Further to the TSX Venture Exchange bulletin dated August 5, 2009 with respect to the second tranche of the private placement announced June 24, 2009, the terms of the private placement should be amended as follows: Number of Shares: 7,305,000 non flow-through shares 2,462,500 flow-through shares Purchase Price: $0.06 per non-flow-through share $0.08 per flow-through shares Warrants: 3,652,500 non-flow-through share purchase warrants to purchase 3,652,500 non-flow-through shares at $0.12 per share for a one year period. 1,231,250 flow-through share purchase warrants to purchase 1,231,250 non-flow-through shares at $0.15 per share for a one year period. Also, the 2,000,000 shares purchased by Kinross Gold Corporation are non-flow-through. TSX-X -------------------------------------------------------------------------- CANFE VENTURES LTD. ("FEY.P") BULLETIN TYPE: Resume Trading BULLETIN DATE: August 7, 2009 TSX Venture Tier 2 Company Effective at the opening, August 10, 2009, shares of the Company will resume trading. The Company has advised that the proposed Qualifying Transaction with Dinan Engineering Inc. has been terminated by mutual agreement, as disclosed in the Company's news release dated August 5, 2009. TSX-X -------------------------------------------------------------------------- DONNER METALS LTD. ("DON") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: August 7, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement - Non Flow-Through announced May 22, 2009 and May 29, 2009: First Tranche: Number of Shares: 3,017,666 shares Purchase Price: $0.15 per share Warrants: 3,017,666 share purchase warrants to purchase 3,017,666 shares Warrant Exercise Price: $0.25 for a two year period Number of Placees: 23 placees Insider / Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ # of Shares Lisa Stefani P 50,000 Finders' Fees: $13,920 cash and 92,800 Agent's warrants payable to Haywood Securities Inc. $408 cash and 2,720 Agent's warrants payable to Northern Securities Inc. $1,200 cash and 8,000 Agent's warrants payable to Jennings Capital Inc. $3,204 cash and 21,360 Agent's warrants payable to Canaccord Capital Corporation $15,000 cash payable to MAK Allen & Day Capital Partners Inc. $12,719.98 cash payable to Blackmont Capital Inc. $1,800 cash payable to Matthias Kaufmann - Agent's warrants are exercisable at $0.25 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. 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. Second Tranche: Number of Shares: 2,150,000 shares Purchase Price: $0.15 per share Warrants: 2,150,000 share purchase warrants to purchase 2,150,000 shares Warrant Exercise Price: $0.25 for a two year period Number of Placees: 25 placees Insider / Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ # of Shares Brad Birarda P 200,000 Jasna Frakes P 100,000 Finders' Fees: $2,340 cash and 15,600 Agent's warrants payable to Wolverton Securities Ltd. $14,400 cash and 96,000 Agent's warrants payable to Research Capital Corp. $8,400 cash and 56,000 Agent's warrants payable to Canaccord Capital Corporation $420 cash payable to Kassel Enterprises Inc. (Ward Jensen) - Agent's warrants are exercisable at $0.25 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. 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 -------------------------------------------------------------------------- DONNER METALS LTD. ("DON") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: August 7, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 14, 2009 and May 29, 2009: Number of Shares: 5,382,340 flow-through shares 3,800,000 flow-through shares Purchase Price: $0.19 per share Warrants: 1,900,000 share purchase warrants to purchase 1,900,000 shares Warrant Exercise Price: $0.25 for a two year period Number of Placees: 113 placees Insider / Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ # of Shares Alain Paquet P 52,000 Denis Amoroso P 52,000 Judy Taylor P 52,000 Jean-Yves Bourgeois P 75,000 Stephane Leger P 25,000 Guy Brunet P 105,263 Alain-Jean Beauregard P 50,000 Thierry Tremblay P 52,000 Andrew Williams P 70,000 Finders' Fees: $2,584 cash and 13,600 Agent's warrants payable to Haywood Securities Inc. $82,947.58 cash and 436,565 Agent's warrants payable to Canaccord Capital Corporation $22,800 cash and 120,000 Agent's warrants payable to Raymond James Ltd. - Agent's warrants are exercisable at $0.25 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. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term. TSX-X -------------------------------------------------------------------------- ENCANTO POTASH CORP. ("EPO") BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Property-Asset or Share Disposition Agreement BULLETIN DATE: August 7, 2009 TSX Venture Tier 2 Company Property-Asset or Share Purchase Agreement: TSX Venture Exchange has accepted a purchase agreement dated July 24, 2009 (the "Purchase Agreement") between Encanto Potash Corp. (the "Company") and Raytec Metals Corp. ("Raytec"). Pursuant to the Purchase Agreement, Raytec will sell to the Company all of its current potash properties including the Spar Property and KP452 Claim in exchange for 19,846,525 shares of the Company. Property-Asset or Share Disposition Agreement: TSX Venture Exchange has also accepted an option agreement dated July 24, 2009 (the "Option Agreement") between the Company and Raytec. Pursuant to the Option Agreement, Raytec will incur $6.5 million in expenditures on the potash properties of the Company by December 31, 2009 to earn a 51% interest in the Company's potash properties, which interest the Company will have the option to repurchase for 26,000,000 shares of the Company. Finders and other Fees: In connection with the above noted Transactions the Company will issue an aggregate of 500,000 shares to Doyle Investments Inc. as a finder's fee for the Transactions. In addition, a fee of $168,400 will be payable to Endeavour Financial Ltd. in respect of the Transactions pursuant to a Financial Services Advisory Agreement with that company. Insider / Pro Group Participation: Not applicable. For further information, please see the Company's news releases dated June 16, 2009 and July 30, 2009. TSX-X -------------------------------------------------------------------------- GOLDCLIFF RESOURCE CORPORATION ("GCN") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: August 7, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 4, 2009: Number of Shares: 4,000,000 non flow-through and 3,500,000 flow-through shares Purchase Price: $0.10 per share Warrants: 3,750,000 share purchase warrants to purchase 3,750,000 shares Warrant Exercise Price: $0.15 for a two year period Finders' Fees: 300,000 shares and 150,000 share purchase warrants payable to Gary Korzenowski 262,500 shares and 131,250 share purchase warrants payable to 605031 Saskatchewan Ltd. - Each finder warrant is exercisable at $0.15 for a two 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. (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 -------------------------------------------------------------------------- GRAND POWER LOGISTICS GROUP INC. ("GPW") BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s BULLETIN DATE: August 7, 2009 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 17 and July 13, 2009: Convertible Debenture $2,201,000 Conversion Price: Convertible into common shares at a price of $0.30 of principal per share Maturity date: July 9, 2011 Interest rate: 10% per annum Number of Placees: 54 placees Insider / Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ Principal Amount Ricky Chiu Y $650,000 Candace Wong Y $150,000 Kim Oishi Y $ 20,000 Finder's Fee: $15,100 payable to Blackmont Capital 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). TSX-X -------------------------------------------------------------------------- JYW CAPITAL CORP. ("JYW.P") BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction BULLETIN DATE: August 7, 2009 TSX Venture Tier 2 Company Further to the TSX Venture Exchange Bulletin dated July 6, 2009, effective at the open, August 10, 2009, trading in the shares of the Company will be suspended, the Company having failed to complete a Qualifying Transaction by August 6, 2009. Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice. TSX-X -------------------------------------------------------------------------- NIGHTINGALE INFORMATIX CORPORATION ("NGH") BULLETIN TYPE: Shares for Bonuses BULLETIN DATE: August 7, 2009 TSX Venture Tier 2 Company Further to the TSX Venture Exchange (the "Exchange") bulletin dated May 20, 2009, has accepted for filing the Company's proposal to amend Loans provided by Wellington Financial LP and Export Development Canada - both arm's length lenders (collectively, the "Lenders"). The Lenders have provided a non-convertible loan in the aggregate of $12,000,000, of which $5,250,000 remains to be repaid (the "Loans"). The Loans bear interest at a rate of 12.75% per annum and have been amended whereby the maturity date of the Loans has been extended from March 29, 2010 to July 29, 2012. The Lenders will be issued an aggregate of 4,233,870 bonus warrants in connection with the extension of the Loans. Each warrant is exercisable into one common share at a price of $0.31 per share for a period of three years. TSX-X -------------------------------------------------------------------------- PARKLAND ENERGY SERVICES INC. ("PKE") BULLETIN TYPE: Reinstated for Trading BULLETIN DATE: August 7, 2009 TSX Venture Tier 2 Company Further to the TSX Venture Exchange Bulletin dated May 7, 2009, the Exchange has been advised that the Cease Trade Order issued by the Alberta Securities Commission on May 7, 2009 has been revoked. Effective at the opening Monday, August 10, 2009, trading will be reinstated in the securities of the Company. TSX-X -------------------------------------------------------------------------- PARTA SUSTAINABLE SOLUTIONS INC. ("PAS") BULLETIN TYPE: Resume Trading BULLETIN DATE: August 7, 2009 TSX Venture Tier 2 Company Effective at 9:30 a.m., PST, August 7, 2009, shares of the Company resumed trading, an announcement having been made over Canada News Wire. TSX-X -------------------------------------------------------------------------- PETRO VISTA ENERGY CORP. ("PTV") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: August 7, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to the second tranche of a Non-Brokered Private Placement announced June 19, 2009: Second Tranche: Number of Shares: 10,834,806 shares Purchase Price: $0.12 per share Warrants: 10,834,806 share purchase warrants to purchase 10,834,806 shares Warrant Exercise Price: $0.15 for a two year period. The warrants have an acceleration provision such that if, after four months from closing, the closing price of the Company's shares is equal to or exceeds $0.25 per shares for a period of 20 consecutive trading days, then the Company may give notice that the warrants will expire on the 15th day following notice. Number of Placees: 17 placees Insider / Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ # of Shares Read Taylor Y 426,474 Finders' Fees: $10,038 cash and (i)83,650 warrants payable to Raymond James Ltd. $3,500 cash and (i)29,166 warrants payable to Shannon Hamilton $1,050 cash and (i)8,750 warrants payable to Alfred Simon Gregorian $10,542 cash and (i)87,850 warrants payable to Haywood Securities Inc. $21,000 cash and (i)175,000 warrants payable to Gasland Investment S.A. (Alexis Poisson) $17,500 cash and (i)145,833 warrants payable to Casey Capital Advisors, LLC. - (i)Finder's fee warrants are non-transferable and each is exercisable for one share at a price of $0.15 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 -------------------------------------------------------------------------- PRECISION ENTERPRISES INC. ("PSC.P") BULLETIN TYPE: Miscellaneous BULLETIN DATE: August 7, 2009 TSX Venture Tier 2 Company Further to the Exchange's Bulletin of November 3, 2008 and the Company's press release of November 27, 2008, the Company which is a Capital Pool Company ('CPC') is required to complete a Qualifying Transaction ('QT') by September 7, 2009. The records of the Exchange indicate that the Company has not yet completed a QT. If the Company fails to complete a QT by September 7, 2009, the Company's trading status may be changed to a halt or suspension without further notice, in accordance with Exchange Policy 2.4 Section 14.6. TSX-X -------------------------------------------------------------------------- RIO CRISTAL RESOURCES COPORATION ("RCZ") (formerly Rio Cristal Zinc Corporation ("RCZ")) BULLETIN TYPE: Name Change BULLETIN DATE: August 7, 2009 TSX Venture Tier 2 Company Pursuant to a resolution passed by Directors on July 30, 2009, the Company has changed its name as follows. There is no consolidation of capital. Effective at the opening August 10, 2009, the common shares of Rio Cristal Resources Corporation will commence trading on TSX Venture Exchange, and the common shares of Rio Cristal Zinc Corporation will be delisted. The Company is classified as a 'Mineral Exploration/Development' company. Capitalization: Unlimited shares with no par value of which 53,946,747 shares are issued and outstanding Escrow: 6,446,229 shares Transfer Agent: Computershare Investor Services Inc. Trading Symbol: RCZ (UNCHANGED) CUSIP Number: 767037 10 4 (new) TSX-X -------------------------------------------------------------------------- SAVANT EXPLORATIONS LTD. ("SVT") BULLETIN TYPE: Property-Asset or Share Disposition Agreement BULLETIN DATE: August 7, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation of an option agreement dated July 22, 2009 between Selwyn Resources Ltd. ('Selwyn') and the Company. The Company has granted to Selwyn an option to earn up to a 55% interest in the Company's Vinata Property located in the State of Chihuahua, Mexico. To earn an initial 50% interest Selwyn must spend: - US$500,000 on exploration of the Vintana Property by January 15, 2010; - aggregate exploration expenditures of US$800,000 by January 15, 2011; - aggregate exploration expenditures of US$1,000,000 by August 15, 2011; and - pay CDN$100,000 to the Company by August 15, 2011. To earn an additional 5% interest Selwyn must make US$500,000 of additional exploration expenditures and pay an additional CDN$100,000 to the Company by August 15, 2012. TSX-X -------------------------------------------------------------------------- SELWYN RESOURCES LTD. ("SWN") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: August 7, 2009 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing documentation of an option agreement dated July 22, 2009 between Savant Explorations Ltd. and the Company. The Company has acquired an option to earn up to a 55% interest in the Vinata Property located in the State of Chihuahua, Mexico. To earn an initial 50% interest the Company must spend: - US$500,000 on exploration of the Vintana Property by January 15, 2010; - aggregate exploration expenditures of US$800,000 by January 15, 2011; - aggregate exploration expenditures of US$1,000,000 by August 15, 2011; and - pay CDN$100,000 to Savant Explorations Ltd. by August 15, 2011. To earn an additional 5% interest the Company must make US$500,000 of additional exploration expenditures and pay an additional CDN$100,000 to Savant Explorations Ltd. by August 15, 2012. TSX-X -------------------------------------------------------------------------- TELFORD SERVICES GROUP, INC. ("TLF") BULLETIN TYPE: Delist-Offer to Purchase BULLETIN DATE: August 7, 2009 TSX Venture Tier 2 Company Effective at the close of business August 10, 2009, the common shares of Telford Services Group Inc. (the "Company") will be delisted from TSX Venture Exchange. The delisting of the Company's shares results from Aviation Acquisitions Inc. purchasing 90.1% of the Company's shares pursuant to an Offer to Purchase dated June 15, 2009. Shareholders will receive $0.10 for every 1 common share held. For further information please refer to the Directors' Circular of the Company dated June 15, 2009 and the Company's news release dated June 12, July 24 and August 4, 2009. TSX-X -------------------------------------------------------------------------- NEX COMPANY: PACIFIC WILDCAT RESOURCES CORP. ("PAW ") (formerly Pacific Wildcat Resources Corp. ("PAW.H")) BULLETIN TYPE: Reverse Takeover-Completed, Private Placement-Non-Brokered, Shares for Debt, Graduation from NEX to TSX Venture, Symbol Change, Resume Trading BULLETIN DATE: August 7, 2009 NEX Company The common shares of the Company have been halted from trading since September 27, 2007, pending completion of a Reverse Take-Over. The TSX Venture Exchange has accepted Pacific Wildcat Resources Corp.'s (the "Company's") Company's Reverse Take-Over ("RTO"), which includes the following transactions: Tantalum Mineracao e Prospeccao Limitada Acquisition: The Company entered into an Acquisition Agreement (the "Acquisition Agreement"), dated for reference April 7, 2009, with Bolan Holdings Limited (the "Vendor"), an arm's length private company incorporated in the Seychelles, and Tantalum Mineracao e Prospeccao Limitada ("TargetCo"), a Mozambican subsidiary of the Vendor that owns certain mining leases and related assets in Mozambique , whereby the Company agreed to acquire all of the issued and outstanding securities of TargetCo from the Vendor. TargetCo's property interests are mineral resource exploration properties with the principally targeted resource being tantalite. Aggregate consideration payable by the Company to the Vendor and/or its nominees is principally comprised of: - 22,510,000 common shares; - the right to remove and be entitled to any gemstones that may be recovered from the Company's tantalite operations on the acquired properties; - paying TargetCo's operating costs from February 16, 2009 to closing, up to a maximum of US$12,000 per month ; and - approximately $70,000 cash in respect of certain historical legal accounting costs of the Vendor. In addition, the Exchange has accepted for filing the following: Private Placement-Non-Brokered: TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 17, 2009: Number of Shares: 16,795,303 shares Purchase Price: $0.12 per share Warrants: 8,397,652 share purchase warrants to purchase 8,397,652 shares Warrant Exercise Price: $0.15 for a one year period Number of Placees: 42 placees Insider / Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ # of Shares David Paull Y 41,666 Terry Lyons Y 416,000 Darren Townsend Y 1,530,272 Finders' Fees: $150,000 and 1,000,000 warrants payable to S&A Capital Pty Ltd. 60,417 units payable to Wolverton Securities Ltd. - each unit will consist of one share and one-half share purchase warrant with the same terms as above 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.) Shares for Debt: TSX Venture Exchange has accepted for filing the Company's proposal to issue 4,210,916 shares to settle outstanding debt for $505,309. Number of Creditors: 4 Creditors Insider / Pro Group Participation: Insider equals Y/ Amount Deemed Price # of Creditor Progroup equals P Owing per Share Shares Marine Investment Y $333,767.32 $0.12 2,781,394 The LVR Fund Pty Ltd. Y $ 50,000 $0.12 416,667 Blackwood Y $ 80,000 $0.12 666,667 Consolidated Pty Ltd. The Company shall issue a news release when the shares are issued and the debt extinguished. The Exchange has been advised that the above transactions, approved by shareholders on June 22, 2009, have been completed. Insider / Pro Group Participation: Insider equals Y/ Name ProGroup equals P # of Shares Yunis Shaik Y 18,008,000 The Company is classified as a 'junior natural resource - mining' company. Capitalization: Unlimited common shares with no par value of which 62,287,945 common shares are issued and outstanding Escrowed Shares: 27,019,105 common shares Escrow Term: 26,345,105 shares subject to 3 year term 674,000 subject to 18 month term Graduation from NEX to TSX Venture, Symbol Change: The Company has met the requirements to be listed as a TSX Venture Tier 2 Company. Therefore, effective on August 10, 2009, the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to Vancouver. Effective at the open, August 10, 2009, the trading symbol for the Company will change from PAW.H to PAW. Resume Trading: Effective at the open, August 10, 2009, trading in the shares of the Company will resume. TSX-X -------------------------------------------------------------------------- /T/