TSX VENTURE COMPANIES:
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: February 24, 2011
TSX Venture Company
A Temporary Cease Trade Order has been issued by the Ontario Securities
Commission on February 24, 2011 against the following company for
failing to file the documents indicated within the required time period:
Period
Symbol Tier Company Failure to File Ending (Y/M/D)
SET 2 Seprotech Systems Audited annual
Incorporated financial statements 10/08/31
Management's discussion
& analysis 10/08/31
Interim financial
statements 10/11/30
Management's discussion
& analysis 10/11/30
Certification of the
foregoing filings as
required by National
Instrument 52-109
Certification of
Disclosure in Issuers'
Annual and Interim
Filings.
Upon revocation of the Temporary Cease Trade Order, the Company's shares
will remain suspended until the Company meets TSX Venture Exchange
requirements. Members are prohibited from trading in the securities of
the companies during the period of the suspension or until further
notice.
------------------------------------------------------------------------
ALL IN WEST! CAPITAL CORPORATION ("ALW.DB.A")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: February 24, 2011
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange (the "Exchange") bulletins dated
April 3, 2007, September 27, 2007, and September 2, 2009, the Exchange
wishes to advise that All in West! Capital Corporation (the "Company")
has ceased making interest payments on its 5-year Series A and B
Convertible Redeemable Debentures and 3-year Series C Convertible
Debentures as disclosed in the Company's press releases dated April 16,
2010 and November 23, 2010. The Company will continue to accrue interest
on all its Debentures.
For further information, please refer to the Company's press releases
dated April 16, 2010 and November 23, 2010.
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CANADIAN OVERSEAS PETROLEUM LIMITED ("XOP.R")
BULLETIN TYPE: Delist - Subscription Receipts
BULLETIN DATE: February 24, 2011
TSX Venture Tier 2 Company
Effective at the close of business Friday, February 25, 2011,
182,000,000 subscription receipts ("Receipts") will be delisted from TSX
Venture Exchange at the request of the Company. Each Receipt has been
converted, without payment of additional consideration or further
action, into one common share and one half of one common share purchase
warrant upon satisfaction of the second release condition as outlined in
the Company's press release on Tuesday, February 22, 2011. Upon
completion of this conversion the total number of the Company's common
shares issued and outstanding is 284,003,439.
------------------------------------------------------------------------
CARLIN GOLD CORPORATION ("CGD")
CONSTANTINE METAL RESOURCES LTD. ("CEM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 24, 2011
TSX Venture Tier 2 Companies
TSX Venture Exchange has accepted for filing an Option Agreement dated
January 20, 2011 between Carlin and Constantine (collectively, the
"Optionees") and Ron Berdahl, Scott Berdahl and 18526 Yukon Inc. (Ron
Berdahl, collectively, the "Optionors", whereby Carlin and Constantine,
as a 50/50 Joint Venture, have been granted an option to acquire a 100%
interest in 226 claims known as the Astec Property that is located in
the Mayo Mining District, Yukon, NWT. Consideration is $225,000, 270,000
common shares of Carlin and 180,000 common shares of Constantine. The
Joint Venture Partners have agreed to pay the Optionors a net smelter
return royalty equal to 2.5% of which the Joint Venture Partners may
purchase 0.5% of the NSR Royalty for $1,000,000 subject to further
Exchange review and acceptance. The Joint Venture Partners have the
right of first refusal on the remaining 2.0% and also the option to
accelerate the option agreement at any time by paying all outstanding
consideration to the Optionors.
------------------------------------------------------------------------
GOLD STANDARD VENTURES CORP. ("GV")
BULLETIN TYPE: Halt
BULLETIN DATE: February 24, 2011
TSX Venture Tier 2 Company
Effective at 6:03 a.m. PST, February 24, 2011, 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. Members are prohibited from trading in the shares of
the Company during the period of the Halt.
------------------------------------------------------------------------
GOLD STANDARD VENTURES CORP. ("GV")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 24, 2011
TSX Venture Tier 2 Company
Effective at 8:30 a.m., PST, February 24, 2011, shares of the Company
resumed trading, an announcement having been made over Stockwatch.
------------------------------------------------------------------------
GREENFIELD FINANCIAL GROUP INC. ("GRF")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 24, 2011
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced January 28, 2011:
Number of Shares: 638,889 shares
Purchase Price: $0.18 per share
Number of Placees: 3 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
H. Brock Bundy Y 334,999
VRG Investment Corp.
(J.R. Kingsley Ward) Y 151,945
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.
------------------------------------------------------------------------
HELIO RESOURCE CORP. ("HRC")
BULLETIN TYPE: Private Placement-Brokered, Private Placement Non-
Brokered
BULLETIN DATE: February 24, 2011
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Brokered Private Placement and a Non-Brokered Private Placement
announced January 24, 2011:
Brokered:
Number of Shares: 20,000,000 shares
Purchase Price: $0.40 per share
Warrants: 10,000,000 share purchase warrants to
purchase 10,000,000 shares. If at any time
after the closing of the private placement,
the closing price of the Company's shares
is greater than $0.70 for a period of 20
consecutive days, the Company may provide
notice to warrant holders that the exercise
period will be shortened to 20 days from
the date of notice.
Warrant Exercise Price: $0.50 for a two year period
Number of Placees: 26 placees
Agent's Fee: $196,000 and 490,000 Agent Units payable to
Scotia Capital Inc.
$196,000 and 490,000 Agent Units payable to
Stifel Nicolaus Canada Inc.
$112,000 and 280,000 Agent Units payable to
PI Financial Corp.
$56,000 and 140,000 Agent Units payable to
MacQuarie Capital Market Canada Ltd.
- Each Agent Unit has identical terms to
the Units listed above
Non-Brokered:
Number of Shares: 5,000,000 shares
Purchase Price: $0.40 per share
Warrants: 2,500,000 share purchase warrants to
purchase 2,500,000 shares. If at any time
after the closing of the private placement,
the closing price of the Company's shares
is greater than $0.70 for a period of 20
consecutive days, the Company may provide
notice to warrant holders that the exercise
period will be shortened to 20 days from
the date of notice.
Warrant Exercise Price: $0.50 for a two year period
Number of Placees: 17 placees
Agent's Fee: $126,000 and 315,000 Agent Units payable to
Scarsdale Equities LLC
$14,000 payable to National Bank Financial
- Each Agent Unit has identical terms to
the Units listed 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.
------------------------------------------------------------------------
HULDRA SILVER INC. ("HDA")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 24, 2011
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a property purchase
agreement respecting mineral claims in the Yale District of British
Columbia (the "Agreement") dated February 17, 2011 made between the
Huldra Silver Inc. (the "Company") and The Gak Holdings Inc. Under this
Agreement, the Company will acquire fee simple interests in the lands
upon which the following mineral claims are located:
(i) the "Why Not No.3" claim;
(ii) the "Tamarak" claim; and
(iii) the "Lakeview" claim.
Total consideration for these properties consists of $200,000 and
130,765 common shares of the Company.
------------------------------------------------------------------------
IC POTASH CORP. ("Error! Bookmark not defined.")
BULLETIN TYPE: Halt
BULLETIN DATE: February 24, 2011
TSX Venture Tier 2 Company
Effective at 8:47 a.m. PST, February 24, 2011, 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. Members are prohibited from trading in the shares of
the Company during the period of the Halt.
------------------------------------------------------------------------
IC POTASH CORP. ("ICP")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 24, 2011
TSX Venture Tier 2 Company
Effective at 10:15 a.m., PST, February 24, 2011, shares of the Company
resumed trading, an announcement having been made over Stockwatch.
------------------------------------------------------------------------
LUIRI GOLD LIMITED ("LGL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 24, 2011
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced February 14, 2011:
Number of Shares: 5,875,000 shares
Purchase Price: $0.15 per share
Number of Placees: 1 placee
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.
------------------------------------------------------------------------
MOUNTAIN CHINA RESORTS (HOLDING) LIMITED ("MCG")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: February 24, 2011
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced January 27, 2011:
Convertible Debenture $7,600,000
Conversion Price: Convertible into 50,666,667 common shares
Maturity date: two years from date of closing
Interest rate: 3% + LIBOR
Number of Placees: one placee
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / Principal Amount
Century Zone Limited
(Zhenhua Mao) Y $7,600,000
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.
------------------------------------------------------------------------
OMNI-LITE INDUSTRIES CANADA INC. ("OML")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: February 24, 2011
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Brokered Private Placement announced February 16, 2011:
Number of Securities: 3,220,000 units ("Units")
Each Unit consists of one common share and
one half of one common share purchase
warrant
Purchase Price: $2.15 per Unit
Warrants: 1,610,000 share purchase warrants to
purchase 1,610,000 shares
Warrant Exercise Price: $2.70 for up to two years from the date of
issuance
Number of Placees: 24 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Units
Claret Asset Management Corp.
(Alain Chung) P 670,000
Agent's Fee: $436,147 cash payable to Raymond James Ltd.
$48,461 cash payable to Northern Securities
Inc.
------------------------------------------------------------------------
OSE CORP. ("OSE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 24, 2011
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced February 17, 2011:
Number of Units: 10,000,000 units ("Units")
Each Unit consists of one common share and
one common share purchase warrant.
Purchase Price: $0.05 per Unit
Warrants: 10,000,000 share purchase warrants to
purchase 10,000,000 shares
Warrant Exercise Price: $0.10 for up to 12 months from date of
issuance
Number of Placees: 9 placees
No Insider / Pro Group Participation.
No Finder's Fee.
------------------------------------------------------------------------
PACIFIC WILDCAT RESOURCES CORP. ("PAW")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 24, 2011
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Acquisition Agreement
dated July 15, 2010 as amended on August 18, 2010, August 31, 2010,
September 25, 2010, October 30, 2010, December 15, 2010, January 14,
2011, January 21, 2011 and February 16, 2011 among Pacific Wildcat
Resources Corp. (the "Company"), Finebrook Investments Pty Ltd, as
trustee for the O'Sullivan Superannuation Fund ("O'Sullivan Fund"),
Stirling Capital Limited ("Stirling"), Dunross Capital Ltd. ("Dunross")
and Cortec (Pty) Ltd. ("Cortec UK"). By the Acquisition Agreement, the
Company will acquire 100% of the issued capital of Stirling from the
O'Sullivan Fund and 100% of the issued capital of Cortec UK from
Dunross. Stirling and Cortec UK hold, in the aggregate, 70% of the
issued capital of Cortec Mining Kenya Limited ("Cortec Kenya"), a
private company incorporated in Kenya which holds three prospecting
licenses in Kenya (two exclusive prospecting licenses and one special
prospecting license covering an aggregate area of 1,180 km2 that is
referred to as the "Mrima Hill Project" (the "Project").
The Acquisition will be completed in two tranches. The Company will
acquire 7% of the issued share capital of Stirling and Cortec UK under
the first tranche of the Acquisition (the "Initial Closing") and the
balance of 93% of the issued share capital of Stirling and Cortec UK
upon the completion of certain condition precedents (the "Final
Closing").
In consideration of the Acquisition, the Company will:
- Pay a total of approximately AUS$15,161,528 in cash on the Final
Closing subject to the satisfaction of certain terms and conditions as
set out in the Acquisition Agreement, which amount is subject to
adjustment in accordance with fluctuations in exchange rates, the
provisions of the Acquisition Agreement and receipt of Exchange
approval;
- Pay a total of AUS$1,128,000 on Exchange approval on the Initial
Closing which will be expended by the Vendors by June 30, 2011, or such
later date as may be agreed upon by the parties, on a work program on
the Project; and
- Issue a total of up to 33,702,353 common shares of the Company, of
which 5,000,000 shares will be issued on Exchange approval on the
Initial Closing, and the balance subject to the satisfaction of certain
terms and conditions as set out in the Acquisition Agreement on the
Final Closing.
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Finebrook Investments Pty Ltd,
as trustee for the O'Sullivan
Superannuation Fund
(Francis Donald O'Sullivan
and Pamela O'Sullivan) Y 16,851,176 Shares
Dunross Capital Ltd.
(David Anderson) Y 16,851,176 Shares
Further information on the transaction can be found in the Company's
news releases dated July 23, 2010, August 23, 2010, September 28, 2010,
November 5, 2010, December 20, 2010, January 28, 2011 and February 18th,
2011.
------------------------------------------------------------------------
REG TECHNOLOGIES INC. ("RRE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 24, 2011
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
January 5, 2011:
Number of Shares: 1,994,333 shares
Purchase Price: $0.15 per share
Warrants: 1,994,333 share purchase warrants to
purchase 1,994,333 shares
Warrant Exercise Price: $0.20 for a one year period
Number of Placees: 16 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Imaging Technologies, Inc.
(Rainbow Network ((John Robertson)) Y 300,000
JGR Petroleum Inc.
(540330 BC Ltd. (John Robertson)) Y 100,000
Finder's Fee: $6,000 payable to Arnie Winrob
$2,560 payable to Susan Bromberg
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.)
------------------------------------------------------------------------
ROYAL COAL CORP. ("RDA")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: February 24, 2011
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 2,201,844 shares at a price of $0.18 per share to settle
outstanding debt for $396,332.
Number of Creditors: 3 Creditors
No Insider / Pro Group Participation
The Company shall issue a news release when the shares are issued and
the debt extinguished.
------------------------------------------------------------------------
SOUTHERN ARC MINERALS INC. ("SA")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: February 24, 2011
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Brokered Private Placement announced February 7, 2011 and February
8, 2011:
Number of Shares: 17,738,750 shares
Purchase Price: $1.60 per share
Number of Placees: 66 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Jeffrey Mackie P 30,000
Mark Wayne P 150,000
James Meloche P 46,000
Jeehee Gilman P 75,000
Jamie Mackie P 100,000
Dana Gilman P 44,000
Michael John Andrews Y 625,000
David Lyall P 50,000
Bente Rybinski P 50,000
Agents' Fees: $1,362,336 and 851,460 Warrants payable to
Mackie Research Capital Corporation
$340,584 and 212,865 Warrants payable to
Haywood Securities Inc.
- Each Warrant is exercisable at $1.60 into
one common share for an 18 month 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.
------------------------------------------------------------------------
SUROCO ENERGY INC. ("SRN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 24, 2011
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to
the Company's intent to exercise of a working interest option (the
"Option") granted to the Company by Thorneloe Energy ("Thorneloe") to
acquire a 28% participating and working interest in the exploration
property Llanos Block 33 in Colombia. The Option was granted to the
Company pursuant to a purchase and sale agreement (the "Agreement")
dated December 9, 2009. The exercise price of the Option is the issuance
of 2,144,490 common shares for total value of USD$1,000,000 and
USD$2,963,830 in cash.
No Insider / Pro Group Participation.
For further details on this transaction please refer to the Company's
press release dated November 8, 2010.
------------------------------------------------------------------------
TERAS RESOURCES INC. ("TRA")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: February 24, 2011
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 1,500,000 shares at a deemed price to be determined at the time
shares are to be issued in consideration for services provided to assist
the Company in achieving certain performance targets related to the
Cahuilla project pursuant to an Earn-In Agreement between the Company
and Consolidated Goldfields Corporation dated February 11, 2010.
Insider / Pro Group Participation:
Insider=Y /
Creditor Progroup=P / # of Shares
Thomas Mancuso Y 500,000
Thomas Callicrate Y 500,000
Peter Leger Y 500,000
The Company shall issue a news release when the shares are issued.
------------------------------------------------------------------------
THREEGOLD RESOURCES INC. ("THG")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: February 24, 2011
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating
to an amendment dated November 30, 2010 of the Option Agreement dated
October 18, 2010, in connection with the purchase by the Company of a
100% interest in the 12 mining claims located in the Tyrell Township in
the province of Ontario.
The Company will issue an additional 166,667 shares in connection with
this acquisition.
For further information, please refer to the Company's press release
dated February 2, 2011.
RESSOURCES THREEGOLD INC. ("THG")
TYPE DE BULLETIN : Modification a une convention d'achat de propriete,
d'actif ou d'actions
DATE DU BULLETIN : Le 24 fevrier 2011
Societe du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepte le depot de documents en vertu d'une
modification datee du 30 novembre 2010 de la convention d'option d'achat
datee du 18 octobre 2010, relativement a l'acquisition d'un interet de
100 % dans 12 claims miniers situes dans le canton de Tyrell dans la
province de l'Ontario.
La societe emettra 166 667 actions ordinaires supplementaires dans le
cadre de cette acquisition.
Pour plus d'information, veuillez-vous referer au communique de presse
emis par la societe le 2 fevrier 2011.
------------------------------------------------------------------------
WESTERNZAGROS RESOURCES LTD. ("WZR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 24, 2011
TSX Venture Tier 2 Company
Effective at 7:30 a.m., PST, February 24, 2011, shares of the Company
resumed trading, an announcement having been made over Stockwatch.
------------------------------------------------------------------------
WIND RIVER ENERGY CORP. ("WVR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 24, 2011
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced February 4, 2011 and
February 17, 2011:
Number of Shares: 9,428,571 shares
Purchase Price: $0.35 per share
Warrants: 9,428,571 share purchase warrants to
purchase 9,428,571 shares
Warrant Exercise Price: $0.46 for a one year period
In the event that the price of the Company's shares closes at or above
$0.70 per share for one trading day, the warrants expire 30 days from
the date of the notice is sent by the Company to the holder that the
expiration date has been accelerated. The Company may issue the notice
on or before 20 calendar days from the trading day.
Number of Placees: 100 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Spiro Angelos P 300,000
James Blake P 300,000
Brent Buchanan P 100,000
Scot Robinson P 300,000
Jason Van Oene P 100,000
Mark Wayne P 200,000
Patrick Lecky P 53,571
J David Pescod P 107,142
Rahim Somani P 10,714
Clive Stockdale P 53,571
Carolyn Townshend P 42,857
Finders' Fees: $69,341.11 and 198,117 warrants payable to
Canaccord Genuity Corp.
$1,050 payable to Tim Mcleary
$8,853.88 payable to Raven Waschilowski
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.
------------------------------------------------------------------------
YANGAROO INC. ("YOO")
BULLETIN TYPE: Private Placement-Brokered, Convertible Debenture/s
BULLETIN DATE: February 24, 2011
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Brokered Private Placement announced December 24, 2010:
Convertible Debenture: $1,125,000
Conversion Price: Convertible into common shares at CDN$0.10
principal amount outstanding per share
until maturity
Maturity date: July 31, 2012
Interest rate: 0% until July 31, 2011 and 15% thereafter
until maturity
Number of Placees: 15 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / Principle Amount
Scott Wambolt Y $100,000
Cliff Hunt Y $25,000
Mac Bay Partners LP Y $250,000
Finder's Fee: An aggregate of $60,000 in cash and 600,000
broker warrants payable to Fraser Mackenzie
Ltd. and Brimberg & Co. Each broker warrant
entitles the holder to acquire one common
share at $0.10 for a two year period.
For further details, please refer to the Company's news release dated
February 11, 2011.
------------------------------------------------------------------------
NEX COMPANY:
INDUSTRIAL GROWTH INCOME CORPORATION ("IGI.H")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: February 24, 2011
NEX Company
Further to TSX Venture Exchange Bulletin dated February 18, 2011,
effective at 6:04 a.m., PST, February 24, 2011, trading in the shares of
the Company will remain halted pending receipt and review of acceptable
documentation regarding the Qualifying Transaction pursuant to Listings
Policy 2.4. Members are prohibited from trading in the shares of the
Company during the period of the Halt.
------------------------------------------------------------------------
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