TSX Venture Exchange - Daily Bulletins

TSX Venture Exchange - Daily Bulletins

July 22, 2005 18:20 ET

TSX Venture Exchange Daily Bulletins for July 22, 2005

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 22, 2005) -



TSX VENTURE COMPANIES

BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: July 22, 2005
TSX Venture Company

A Cease Trade Order has been issued by the Ontario Securities
Commission on July 22, 2005 against the following companies for
failing to file the documents indicated within the required time
period:

Symbol Tier Company Failure to File Period
Ending
(Y/M/D)

("LUC") 1 Lucid Entertainment Audited Annual 2005/03/31
Inc. Financial
Statements

Upon revocation of the 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.
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ACREX VENTURES LTD. ("AKV")
BULLETIN TYPE: Short Form Offering Document-Distribution
BULLETIN DATE: July 22, 2005
TSX Venture Tier 2 Company

The Company's Short Form Offering Document dated April 29, 2005 was
filed with and accepted by TSX Venture Exchange on May 9, 2005. The
Exchange has now been advised that the Offering closed on May 16,
2005.

Agent: Leede Financial Markets Inc.

Offering: 4,336,500 units. Each unit is comprised of
one common share and one-half of one non-
transferable share purchase warrant. Each
full warrant will entitle the holder to
acquire an additional common share at a
price of $0.18 per share until May 16,
2006.

Unit Price: $0.12

Agent's Warrants: Non-transferable warrants entitling the
Agent to acquire, in the aggregate,
520,380 units. The Agent's Warrants shall
expire on May 16, 2006 and have an
exercise price of $0.12 per unit. The
underlying units will have the same
characteristics as the offered units.
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ARSENAL ENERGY INC. ("AEI")
BULLETIN TYPE: Private Placement-Non-Brokered, Property-Asset
Acquisition
BULLETIN DATE: July 22, 2005
TSX Venture Tier 2 Company

Private Placement - Non-Brokered

TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced June 29, 2005:

Number of Shares: 900,000 common shares
274,712 flow through common shares (FT)

Purchase Price: 800,000 common shares at $1.25 per common
share
100,000 common shares at $1.50 per common
share
$1.72 per flow through common share (FT)

Number of Placees: 10 placees

Insider / Pro Group Participation:
Insider equals Y /
Name ProGroup equals P / # of Shares

Greg Belzberg Y 100,000
Curtis Stewart Y 58,186 FT
Neil Mackay Y 29,302 FT
Alain Gaucher Legal Prof. Corp. Y 29,069 FT
(Alain Gaucher)

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).

Property-Asset Acquisition

TSX Venture Exchange has accepted for filing documentation pursuant
to an arm's length letter Agreement dated June 21, 2005 (the
"Agreement"), whereby Arsenal Energy Inc. (the "Company") has agreed
to acquire 350 boe/d and approximately 4,000 acres of P&NG leases
located primarily in the Lloydminister area from a private company.
In consideration the Company will pay the privately held company
$6,800,000.
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ARSENAL ENERGY INC. ("AEI")
BULLETIN TYPE: Graduation
BULLETIN DATE: July 22, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has been advised that the Company's shares will
be listed and commence trading on Toronto Stock Exchange at the
opening on Tuesday, July 26, 2005, under the symbol "AEI".

As a result of this Graduation, there will be no further trading
under the symbol "AEI" on TSX Venture Exchange after Monday, July
25, 2005, and its shares will be delisted from TSX Venture Exchange
at the commencement of trading on Toronto Stock Exchange.
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BIOREM INC. ("BRM")
BULLETIN TYPE: Property-Asset Acquisition
BULLETIN DATE: July 22, 2005
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation of an
asset purchase agreement (the "Agreement") dated July 1, 2005,
between Biocube, LLC (the "Vendor"), the unit holders of Biocube,
LLC, Biorem Inc. (the "Company"), and Biorem Environmental Inc.
("BEI"), a wholly owned subsidiary of the Company. Pursuant to the
Agreement, BEI shall acquire all of the assets of Biocube, LLC.

As consideration, BEI shall pay the Vendor US$2,400,000.

For more information, refer to the Company's news release dated July
1, 2005.
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BLACKPOOL EXPLORATION LTD. ("BPX.A")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 22, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced on June 29,
2005:

Number of Shares: 1,800,000 flow-through common shares

Purchase Price: $0.55 per share

Warrants: 1,800,000 share purchase warrants to
purchase 1,800,000 shares

Warrant Exercise Price: $0.75 for a two-year period

Number of Placees: 1 placee

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).
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CROSSHAIR EXPLORATION & MINING CORP. ("CXX")
BULLETIN TYPE: Property-Asset Acquisition
BULLETIN DATE: July 22, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a Joint Venture
Agreement dated November 12, 2004 between the Company and Liaoning
Non-ferrous Geological Bureau (the "Bureau") with respect to the
Beigou Gold Project located in Kezuo County, Chaoyang City, Liaoning
Province, China. The Company will contribute an aggregate
US$4,000,000 in registered capital in staged contributions over a
five year period to earn an 80% in the Joint Venture. After five
years, the Company has the right, at its option, to purchase the
Bureau's 20% interest for an aggregate US$2,500,000. The Bureau is
entitled to a 1% net smelter royalty.

Northern Resource Investment Inc. (Kam Cheong Leong) will receive a
finder's fee of US$100,000 and 1,000,000 common shares of the
Company that is payable in stages over a five year period to
correspond with the consideration payable with respect to the Joint
Venture.
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ECU SILVER MINING INC. ("ECU")
BULLETIN TYPE: Halt
BULLETIN DATE: July 22, 2005
TSX Venture Tier 2 Company

Effective at 7:38 a.m. PST, July 22, 2005, trading in the shares of
the Company was halted at the request of the Company, pending an
announcement; this regulatory halt is imposed by Market Regulation
Services, the Market Regulator of the Exchange pursuant to the
provisions of Section 10.9(1) of the Universal Market Integrity
Rules.
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FAR WEST MINING LTD. ("FWM")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 22, 2005
TSX Venture Tier 1 Company

Effective at the opening, PST, July 22, 2005, shares of the Company
resumed trading, an announcement having been made over StockWatch.
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GALLERY RESOURCES LIMITED ("GYR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 22, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with
respect to the second and final tranche of a Non-Brokered Private
Placement announced July 7, 2005:

Number of Shares: 1,666,666 flow-through shares

Purchase Price: $0.06 per share

Warrants: 1,666,666 share purchase warrants to
purchase 1,666,666 shares

Warrant Exercise Price: $0.10 for eighteen months

Number of Placees: 1 placee

Finder's Fee: $5,000 cash and 166,666 warrants payable
to Limited Market Dealer 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. 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.
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KLONDIKE GOLD CORP. ("KG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 22, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced June 28, 2005:

Number of Shares: 5,000,000 shares

Purchase Price: $0.10 per share

Warrants: 5,000,000 share purchase warrants to
purchase 5,000,000 shares

Warrant Exercise Price: $0.10 for a two year period

Number of Placees: 21 placees

Insider / Pro Group Participation:

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

Paul Crossett P 265,000

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.
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MEGASTAR DEVELOPMENT CORP. ("MDV")
BULLETIN TYPE: Property-Asset Acquisition
BULLETIN DATE: July 22, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation
pertaining to the acquisition of a 100% interest, subject to a 2%
net smelter return, in 12 mineral claims in the Quevillon area of
Quebec.
In consideration for the claims, the Company agrees to pay $1,000
cash and issue 250,000 common shares.
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SKYHARBOUR RESOURCES LTD. ("SYH")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: July 22, 2005
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: 4,450,000
Original Expiry
Date of Warrants: July 27, 2005
New Expiry
Date of Warrants: January 27, 2006
Exercise
Price of Warrants: $0.10

These warrants were issued pursuant to a private placement of
4,450,000 shares with 4,450,000 share purchase warrants attached,
which was accepted for filing by the Exchange effective July 22,
2004.
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SKYHARBOUR RESOURCES LTD. ("SYH")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: July 22, 2005
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: 900,000
Original Expiry
Date of Warrants: August 26, 2005
New Expiry
Date of Warrants: February 26, 2006
Exercise
Price of Warrants: $0.10

These warrants were issued pursuant to a private placement of
900,000 shares with 900,000 share purchase warrants attached, which
was accepted for filing by the Exchange effective August 19, 2004.
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STREETLIGHT INTELLIGENCE INC. ("SLQ")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: July 22, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with
respect to a Brokered Private Placement announced May 25, 2005:

Number of Shares: 999,995 common shares

Purchase Price: $0.75 per share

Warrants: 499,989 share purchase warrants to
purchase 499,989 shares

Warrant Exercise Price: $1.00 for an 18 month period

Number of Placees: 41 placees

Insider / Pro Group Participation:

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

Colleen McCarthy Y 1,080
JP Veitch P 33,333
City Centre Group Inc. P 33,333

Agent: Wolverton Securities Ltd.

Agents' Fee: Cash: 7.5% of the gross proceeds from the
Units sold by the Agent.

Finder's Fee: $4,913 cash payable to Lance Cook
$11,663.66 cash payable to Don Severs
$7,500 cash payable to Madeline Wood

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).
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TOWER ENERGY LTD. ("TWR")
(formerly Mineworks Resources Corp. ("MWK"))
BULLETIN TYPE: Name Change
BULLETIN DATE: July 22, 2005
TSX Venture Tier 2 Company

Pursuant to a special resolution passed by shareholders July 7,
2005, the Company has changed its name as follows. There is no
consolidation of capital.

Effective at the opening July 25, 2005, the common shares of Tower
Energy Ltd. will commence trading on TSX Venture Exchange, and the
common shares of Mineworks Resources Corp. will be delisted. The
Company is classified as a 'Resource' company.

Capitalization: unlimited shares with no par value of
which
15,479,333 shares are issued and
outstanding
Escrow: 75,000 escrow

Transfer Agent: Computershare Trust Company of Canada
Trading Symbol: TWR (new)
CUSIP Number: 891758 10 4 (new)
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WESTFIELD REAL ESTATE INVESTMENT TRUST ("WRT.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: July 22, 2005
TSX Venture Tier 2 Company

The Issuer has declared the following distribution(s):

Distribution
per trust unit: $0.0033
Payable Date: August 15, 2005
Record Date: July 28, 2005
Ex-Distribution Date: July 26, 2005
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NEX COMPANIES

CANBRAS COMMUNICATIONS CORP. ("CBC.H")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 22, 2005
NEX Company

Effective at the opening, PST, July 22, 2005, shares of the Company
resumed trading, an announcement having been made over StockWatch.
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FINTRY ENTERPRISES INC. ("FEI.H")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: July 22, 2005
NEX Company

Further to TSX Venture Exchange Bulletin dated July 18, 2005,
effective at the opening, PST, July 22, 2005 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 Take-Over pursuant to Listings Policy 5.2.
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NEXT MILLENNIUM COMMERCIAL CORP. ("NM.H")
BULLETIN TYPE: Halt
BULLETIN DATE: July 22, 2005
NEX Company

Effective at the opening PST, July 22, 2005, trading in the shares
of the Company was halted at the request of the Company, pending an
announcement; this regulatory halt is imposed by Market Regulation
Services, the Market Regulator of the Exchange pursuant to the
provisions of Section 10.9(1) of the Universal Market Integrity
Rules.
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