TSX Venture Exchange - Daily Bulletins

TSX Venture Exchange - Daily Bulletins

June 01, 2005 16:40 ET

TSX Venture Exchange Daily Bulletins for June 1, 2005

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 1, 2005) -



TSX VENTURE COMPANIES

AFRI-CAN MARINE MINERALS CORPORATION ("AFA")
BULLETIN TYPE: Private Placement Non-Brokered
BULLETIN DATE: June 1, 2005
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing the documentation with
respect to a non-brokered Private Placement announced on April 22,
2005:

Number of Shares: 4,350,000 common shares

Purchase Price: $0.10 per common share

Number of Placees: 1 placee

The Company issued a press release dated May 25, 2005 confirming the
closing of the above-mentioned Private Placement.

AFRI-CAN, SOCIETE DE MINERAUX MARINS ("AFA")
TYPE DE BULLETIN : Placement prive sans l'entremise d'un
courtier
DATE DU BULLETIN : Le 1er juin 2005
Societe du groupe 1 de TSX Croissance

Bourse de croissance TSX a accepte le depot de la documentation en
vertu d'un placement prive sans l'entremise d'un courtier tel
qu'annonce le 22 avril 2005 :

Nombre d'actions : 4 350 000 actions ordinaires

Prix : 0,10 $ par action ordinaire

Nombre de souscripteurs : 1 souscripteur

La societe a emis un communique de presse le 25 mai 2005 confirmant
la cloture du placement prive precite.
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BOLCAR ENERGIE INC. ("BOE.P")
BULLETIN TYPE: Halt
BULLETIN DATE: June 1, 2005
TSX Venture Tier 2 Company

Effective at the opening, PST, June 1, 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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CANEX ENERGY INC. ("CXO")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: June 1, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has been advised by the Company that pursuant
to a Notice of Intention to make a Normal Course Issuer Bid dated
May 26, 2005, it may repurchase for cancellation up to 1,209,086
common shares in its own capital stock, representing approximately
5% of the Company's total issued and outstanding common shares. The
purchases are to be made through the facilities of TSX Venture
Exchange during the period June 10, 2005 to June 9, 2006. Purchases
pursuant to the bid will be made by Research Capital Corp. on behalf
of the Company.
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CHOICE RESOURCES CORP. ("CZE")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: June 1, 2005
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with
respect to a Brokered Private Placement announced April 25, 2005 and
March 22, 2005:

Number of Shares: 3,879,300 units of one common share and
one-half of a share purchase
warrant
6,650,000 flow-through common share

Purchase Price: $0.65 per unit
$075 per flow-through common share

Warrants: 1,939,650 share purchase warrants to
purchase
1,939,650 shares

Warrant Exercise Price: $1.00 for a two year period

Number of Placees: 95 placees (30 flow-through and 65 units)

Insider / Pro Group Participation:

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

Michael Binnion P 20,000 U
Lawrence H. Sullivan P 10,000 U
Andre Reshaur P 8,500 U

Finder's Fee: Research Capital Corporation will receive a
finder's fee of $236,534.91 and 331,673
units with the same terms as the unit
offering.

CIBC World Markets Inc. will receive a
finder's fee of $157,689.95 plus 221,115
units with the same terms as the unit
offering.

Dundee Securities Corporation will receive
a finder's fee of $105,126.63 plus 147,410
units with the same terms as the unit
offering.

Wolverton Securities Ltd. will receive a
finder's fee of $26,281.66 plus 36,853
units with the same terms as the unit
offering.

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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CONSOLIDATED GOLD WIN VENTURES INC. ("CGW")
BULLETIN TYPE: Property-Asset Acquisition
BULLETIN DATE: June 1, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation in
connection with a Purchase Agreement dated May 3, 2005 between the
Company and Gillian Mary Wells whereby the Company has acquired an
undivided 100% interest in and to the GW1-4 Claims in the Yehinko
area of northwestern British Columbia. Consideration is $50,000.00
and 400,000 common shares.
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DELTA SYSTEMS, INC. ("DLT.S")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: June 1, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with
respect to a Brokered Private Placement announced May 10, 2005 and
May 13, 2005:

Convertible Debenture: $US4,000,000 (CDN$5,040,000)

Conversion Price: Convertible into units consisting of 1
common share at CDN$1.50 of principal
outstanding in year one, at CDN$1.50 in
year two, and at CDN$1.65 in year three.

Maturity date: May 13, 2008

Interest rate: 9% per annum

Number of Placees: 1 placee

Agent: First Associates Investments Inc.

Agent's Fee: 2% of the gross proceeds raised
($US 80,000)

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).
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FAB-FORM INDUSTRIES LTD. ("FBF")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 1, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced March 17,
2005:

Number of Shares: 489,176 shares

Purchase Price: $0.16 per share

Number of Placees: 8 placees

Insider / Pro Group Participation:

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

Herb Bentz Y 10,000

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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HOW TO WEB TV INC. ("HOW")
BULLETIN TYPE: Suspend-Failure to Maintain a Transfer Agent
BULLETIN DATE: June 1, 2005
TSX Venture Tier 2 Company

Further to TSX Venture Exchange Bulletin dated May 20, 2005,
effective at the opening June 2, 2005, trading in the shares of the
Company will be suspended, the Company having failed to maintain the
services of a transfer agent in accordance with Policy 3.1.

Members are prohibited from trading in the securities of the Company
during the period of the suspension or until further notice.
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KANE INVESTMENT CORP. ("KIC")
BULLETIN TYPE: Delist
BULLETIN DATE: June 1, 2005
TSX Venture Tier 2 Company

Further to the news release issued by Kane Investment Corp. (the
'Company') on May 9, 2005, effective at the close of business
Wednesday, June 1, 2005, the common shares of the Company will be
delisted from TSX Venture Exchange (the 'Exchange'). The delisting
of the Company's shares results from the Company no longer meeting
the Exchange's minimum listing requirements.
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LYRTECH INC. ("LYT")
BULLETIN TYPE: Private Placement Non-Brokered, Convertible
Debenture/s
BULLETIN DATE: June 1, 2005
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing the documentation with
respect to a non-brokered Private Placement announced on May 30,
2005:

Convertible Debenture: $500,000

Conversion Price: Convertible into common shares at
$0.345 per share.

Maturity Date: 36 months

Warrants: 500,000 share purchase warrants to purchase
500,000 shares at a price of $0.36 per
share for a 24-month period.

Interest Rate: 10%

Number of Placees: 1 placee

Insider / Pro Group
Participation: None

LYRTECH INC. ("LYT")
TYPE DE BULLETIN : Placement prive sans l'entremise d'un
courtier, Debenture(s) convertible(s)
DATE DU BULLETIN : Le 1er juin 2005
Societe du groupe 1

Bourse de croissance TSX a accepte le depot de la documentation en
vertu d'un placement prive sans l'entremise d'un courtier tel
qu'annonce le 30 mai 2005 :

Debenture convertible : 500 000 $

Prix de conversion : Convertible en actions ordinaires au prix
de 0,345 $ l'action.

Bons de souscription : 500 000 bons de souscription permettant de
souscrire a
500 000 actions au prix de 0,36 $ pour une
periode de 24 mois.

Date de maturite : 36 mois

Taux d'interet : 10 %

Nombre de souscripteurs : 1 souscripteur

Participation des
inities/Groupe Pro : Aucun
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METALEX VENTURES LTD. ("MTX")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: June 1, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal
to issue 27,193.913 shares at a deemed price of $0.69 per share, and
7530.120 shares at a deemed price of $0.83 per share, in
consideration of certain services provided to the Company pursuant
to a Deferred Share Unit Plan for Lorie Waisberg dated February 15,
2005 and effective May 1, 2004.

The Company shall issue a news release when the shares are issued.
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MID-NORTH RESOURCES LIMITED ("MNU")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 1, 2005
TSX Venture Tier 2 Company

Effective at the opening, PST, June 1, 2005, shares of the Company
resumed trading, an announcement having been made over StockWatch.
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NORMABEC MINING RESOURCES LTD. ("NMB")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: June 1, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted to extend the expiry date of the
following Warrants:

Number of Warrants: 2,150,000
Original Expiry Date of
Warrants: June 11, 2005
New Expiry Date of
Warrants: December 11, 2005
Exercise Price of
Warrants: $0.15

These Warrants were issued pursuant to a private placement including
a total of 5,500,000 shares and 2,150,000 Warrants, which was
accepted for filing by TSX Venture Exchange effective on February 4,
2004.

RESSOURCES MINIERES NORMABEC LTEE ("NMB")
TYPE DE BULLETIN : Prolongation des bons de souscription
DATE DU BULLETIN : Le 1 juin 2005
Societe du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepte de prolonger la date d'echeance
des bons de souscription (les "bons") suivants :

Nombre de bons : 2 150 000
Date initiale d'echeance
des bons : Le 11 juin 2005
Nouvelle date d'echeance
des bons : Le 11 decembre 2005
Prix d'exercice des
bons : 0,15 $

Ces bons ont ete emis en vertu d'un placement prive comprenant 5 500
000 actions et 2 150 000 bons de souscription, tel qu'accepte par
Bourse de croissance TSX le 4 fevrier 2004.
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ORTHOSOFT INC. ("OSH")
(formerly ORTHOsoft Holdings Inc. ("OSH"))
BULLETIN TYPE: Name Change
BULLETIN DATE: June 1, 2005
TSX Venture Tier 1 Company

Pursuant to a special resolution passed by shareholders on May 31,
2005, the Company has changed its name from ORTHOsoft Holdings Inc.
to ORTHOsoft Inc. There is no consolidation of capital.

Effective at the opening on June 2, 2005, the common shares of
ORTHOsoft Inc. will commence trading on TSX Venture Exchange and the
common shares of ORTHOsoft Holdings Inc. will be delisted. The
Company is classified as a "measuring, medical and controlling
devices manufacturing company".

Capitalization: Unlimited number of common shares without
par value of which
41,360,352 shares are issued and
outstanding.

Escrowed Shares: 11,826,816

Transfer Agent: Computershare Investor Services Inc. -
Toronto and Montreal

Trading Symbol: OSH (unchanged)

CUSIP Number: 68751N 10 7 (unchanged)

ORTHOSOFT INC. ("OSH")
(Anciennement Gestion ORTHOsoft inc. ("OSH"))
TYPE DE BULLETIN : Changement de denomination sociale
DATE DU BULLETIN : Le 1er juin 2005
Societe du groupe 1 de TSX Croissance

En vertu d'une resolution speciale des actionnaires le 31 mai 2005,
la societe a modifie sa denomination sociale de Gestion ORTHOsoft
inc. a ORTHOsoft inc. Il n'y a pas de consolidation du capital-
actions.

Les actions ordinaires d'ORTHOsoft inc. seront admises a la
negociation de Bourse de croissance TSX a l'ouverture des affaires
le 2 juin 2005 et les actions ordinaires de Gestion ORTHOsoft inc.
seront retirees. La societe est categorisee comme une " societe de
fabrication d'appareils de mesure, de commande et d'appareils
medicaux".

Capitalisation : Un nombre illimite d'actions ordinaries
sans valeur nominale, dont
41 360 352 actions sont emises et en
circulation.

Actions entiercees : 11 826 816

Agent des transferts : Services aux Investisseurs Computershare -
Toronto et Montreal

Symbole au
telescripteur : OSH (inchange)

Numero de CUSIP : 68751N 10 7 (inchange)
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SLC CAPITAL INC. ("SLC.P")
BULLETIN TYPE: CPC-Information Circular, Remain Halted
BULLETIN DATE: June 1, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's CPC-
Information Circular dated May 26, 2005 for the purpose of mailing
to shareholders and filing on SEDAR.

CAPITAL SLC INC. ("SLC.P")
TYPE DE BULLETIN : SCD - Circulaire de sollicitation de
procurations, Arret maintenu
DATE DU BULLETIN : Le 1er juin 2005
Societe du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepte le depot par la societe, une
circulaire de sollicitation de procurations de SCD datee du 26 mai
2005 pour les fins d'envoi aux actionnaires et depot dans SEDAR.
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STIRLING EXPLORATION LTD. ("PND.P")
BULLETIN TYPE: Halt
BULLETIN DATE: June 1, 2005
TSX Venture Tier 2 Company

Effective at 9:00 a.m. PST, June 1, 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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THE MEDIPATTERN CORPORATION ("MKI")
BULLETIN TYPE: Halt
BULLETIN DATE: June 1, 2005
TSX Venture Tier 2 Company

Effective at 9:19 a.m. PST, June 1, 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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THERMAL ENERGY INTERNATIONAL INC. ("TMG")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: June 1, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal
to issue 100,000 common shares at a deemed price of $0.24 per share
to one employee of the Company. We note that the shares are to be
issued pursuant to a signing bonus as outlined in the employment
agreement.
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THERMAL ENERGY INTERNATIONAL INC. ("TMG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 1, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced May 24, 2005:

Number of Shares: 3,333,666 common shares

Purchase Price: $0.30 per share

Warrants: 3,333,666 share purchase warrants to
purchase
3,333,666 shares

Warrant Exercise Price: $0.50 in year one and $0.75 in year two

Number of Placees: 31 placees total

Insider / Pro Group Participation:

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

Tim Angus Y 66,667

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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TITAN URANIUM EXPLORATION INC. ("TUE") ("TUE.WT")
(formerly Ceduna Capital Corp. ("CUN.H"))
BULLETIN TYPE: Qualifying Transaction-Completed, Prospectus-Unit
Offering, New Listing-Warrants, Name Change and Consolidation,
Graduation from NEX, Symbol Change, Resume Trading
BULLETIN DATE: June 1, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's
Qualifying Transaction (the 'QT') and related transactions, all as
principally described in its new issue prospectus dated May 12, 2005
(the 'Prospectus'). As a result, effective at the opening on June 2,
2005, the Company will resume trading and will no longer be
considered a Capital Pool Company. The QT includes the following
matters, all of which have been accepted by the Exchange:

1. Acquisition of a 100% Interest in the 'Thelon Project', Nunavut:

The Company has acquired an option to acquire a 100% interest in the
'Thelon Project' (the 'Property') from Dr. Ronald McMillan (the
'Vendor'), an arm's length individual. The Property will be the
Company's principal property and the acquisition thereof serves as
the basis for the QT. The Property is comprised of eight claims
covering an area of 4,028 hectares, located approximately 150
kilometres northwest of Baker Lake in Nunavut Territory. The
Property is an exploration stage mineral resource property with
uranium being the principally targeted resource.

In order to exercise the option and earn a 100% interest in the
Property, the Company must: (i) issue an aggregate of 100,000 common
shares (post-consolidation) to the Vendor; (ii) incur aggregate
exploration expenditures on the Property of $1,000,000 by June 1,
2007; and (iii) pay advance royalties of $50,000 over a three year
period.

The Vendor will retain a 2% NSR Royalty on the Property. The Company
can reduce the royalty to 1% by payment of $1,000,000 to the Vendor
and reduce it to 0.5% by payment of a further $1,000,000 to the
Vendor. Commencing June 1, 2008, the Company will pay the Vendor
advance royalties of $20,000 per year.

No finder's fee is payable in respect of the Company's acquisition
of the option on the Property.

Insider / Pro Group Participation: None. The Vendor is at arm's
length to the Company.

The Exchange has been advised that the QT, which did not require
shareholder approval under Exchange Policies, was completed on May
31, 2005.

For additional information, refer to the Prospectus, which has been
accepted for filing by the Exchange.

2. Prospectus Offering:

Effective May 13, 2005, the Company's Prospectus dated May 12, 2005
was filed with and accepted by TSX Venture Exchange, and filed with
and receipted by the British Columbia, Alberta, Saskatchewan and
Ontario Securities Commissions, pursuant to the provisions of the
respective Securities Act of each province.

Agents: Canaccord Capital Corporation

Offering: 6,000,000 units (inclusive of full exercise
of a 20% over-allotment option). Each unit
consists of one common share (post-
consolidation) and one half of one share
purchase warrant. Each whole warrant has a
term of 18 months and entitles the holder
to acquire an additional common share at a
price of $0.65.

Unit Price: $0.50 per unit

Warrant Exercise
Price/Term: $0.65 per share to November 30, 2006.

Agent's Warrants: 600,000 non-transferable warrants
exercisable to purchase one share at $0.50
per share to November 30, 2006. In
addition, the Agent will be paid a
corporate finance fee of 100,000 units
with such units having the same terms as
the offered units including the fact that
the 50,000 underlying warrants will be
listed for trading.

Independent and unrelated to the
consideration being paid to the agent under
the offering, Jennings Capital Inc. will
receive a fiscal advisory fee of 50,000
units with such units have the same terms
as the offered units including the fact
that the 25,000 underlying warrants will be
listed for trading.

Effective June 2, 2005, the class of warrants issued under the
offering (the 'Listed Warrants'), being comprised of the 3,000,000
warrants underlying the offered units and the 75,000 warrants
underlying the units issued to Jennings Capital Inc. and Canaccord
Capital Corp., will commence trading.

Transfer Agent: Pacific Corporate Trust Company
Warrant Trading Symbol: TUE.WT
Warrant CUSIP Number: 88832T 11 3

3. Name Change and Consolidation:

Pursuant to a special resolution passed by shareholders on July 7,
2004, the Company has consolidated its capital on a two (2) old for
one (1) new basis. The name of the Company has also been changed
from 'Ceduna Capital Corp.' to 'Titan Uranium Exploration Inc.'.

Effective at the opening on June 2, 2005, the common shares and
Listed Warrants of 'Titan Uranium Exploration Inc.' will commence
trading on TSX Venture Exchange, and the common shares of 'Ceduna
Capital Corp.' will be delisted. The Company is classified as a
'Mineral Exploration' company.

Post Consolidation Capitalization:

Capitalization: An unlimited number of common shares with
no par value of which
11,752,954 common shares are issued and
outstanding
Escrow: 130,000 common shares and
130,000 share purchase warrants (which
are not in the same class as
the Listed Warrants) are
subject to escrow in
accordance with the terms of a
Tier 2 Value Escrow Agreement
which provides for the
securities to be released from
escrow in stages over a
period of three years.

Transfer Agent: Pacific Corporate Trust Company
Trading Symbol: TUE (new)
CUSIP Number: 88832T105 (new)

4. Graduation from NEX, Symbol Change:

Effective as of the date of this Bulletin, the Company has met the
requirements to be listed as a TSX Venture Tier 2 Company. As a
result, the Company's Tier classification has changed from NEX to
Tier 2 and the Filing and Service Office has changed from NEX to
Vancouver. In addition, effective at market open on June 2, 2005,
the Company's listing will transfer from NEX to TSX Venture.

In conjunction with the Company's transfer from NEX to TSX Venture,
effective at market open on June 2, 2005, the trading symbol for the
Company will change from CUN.H to TUE (in respect of the common
shares) and TUE.WT (in respect of the Listed Warrants). The Company
is classified as a 'Mineral Exploration and Development' company.
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TOM EXPLORATION INC. ("TUM")
BULLETIN TYPE: Property-Asset Acquisition
BULLETIN DATE: June 1, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation
relating to an Option Agreement dated May 20, 2005, whereby the
Company will acquire a 100% interest in 15 claims in the Bristol
Township located in the Province of Ontario.

Under the terms of the Agreement, the Company is required to make a
cash payment of $12,000 and issue an aggregate of 80,000 common
shares to the Vendors at the signature of the Agreement.

The Vendors will retain a net smelter royalty (NSR) of 2% from the
claims. The Company has a right to purchase one half of the NSR for
$1,000,000.

For further information, please refer to the Company's news release
dated May 25, 2005.

EXPLORATION TOM INC. ("TUM")
TYPE DE BULLETIN : Acquisition d'une propriete
DATE DU BULLETIN : Le 1er juin 2005
Societe du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepte le depot de documents en vertu
d'une entente d'option datee du 20 mai 2005, selon laquelle, la
societe acquerra un interet de 100 % dans 15 claims dans le canton
Bristol situe dans la province d'Ontario.

Selon les termes de l'entente, la societe doit faire un paiement de
12 000 $ en especes et emettre un total de 80 000 actions ordinaires
aux Vendeurs des la signature de l'entente.

Les Vendeurs conserveront une royaute de 2 % du produit net ("NSR")
provenant des claims. La societe a le droit de racheter la moitie
du NSR pour 1 000 000 $.

Pour plus d'information, veuillez vous referer aux communiques de
presse emis par la societe le 25 mai 2005.
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VENA RESOURCES INC. ("VEM")
BULLETIN TYPE: Property-Asset Acquisition
BULLETIN DATE: June 1, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation
pertaining to a Purchase Agreement dated April 15, 2005 between Vena
Resources Inc. (the 'Company') and arm's length vendors whereby the
Company is acquiring the 'Tantar' mining concession located in the
district of Pausa, Peru. Total consideration payable is US$25,000
which will be satisfied through the issuance of 100,000 common
shares. For further details, please refer to the Company's news
release dated February 2, 2005.
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YALE RESOURCES LTD. ("YLL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 1, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced April 21,
2005:

Number of Shares: 2,764,000 shares

Purchase Price: $0.17 per share

Warrants: 1,382,000 share purchase warrants to
purchase
1,382,000 shares

Warrant Exercise Price: $0.22 for a one year period

Number of Placees: 30 placees

Insider / Pro Group Participation:

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

Bruce Chambers P 30,000
Riccio Geoconsulting Ltd.
(Luca Riccio) Y 25,000
Ian Foreman Y 150,000
Hastings Management Corp.
(Richard Hughes) Y 100,000
Bukchuk Holdings Ltd.
(C. Buckland, H. Ewanchuk) P 294,000
Dorothy Atkinson P 80,000
Anglo Pacific Group PLC P 1,000,000
Andrew Muir P 40,000
Roger Ashton P 25,000

Finder's Fee: $23,001 and 210,400 Agent's options
payable to Bolder Investment Partners, Ltd.

$2,667.50 and 21,000 Agent's options
payable to Canaccord Capital Corporation.

Each Agent's option entitles the Agent to
acquire a common share of the Company at a
price of $0.22 per share for a period of
one year from closing.

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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NEX COMPANIES

DURAN VENTURES INC. ("DRV.H")
BULLETIN TYPE: Property-Asset Acquisition
BULLETIN DATE: June 1, 2005
NEX Company

TSX Venture Exchange has accepted for filing, a Letter of Intent
dated May 25, 2005, between the Company and Jia Yun International
Investment Co. Ltd. whereby the Company has acquired the option to
acquire a 100% interest in the Black Mountain Gold Project located
in Fengning County, Heibei Province, China, for consideration of
option payments of RMB$4,000,000 over 4 years (RMB$1,500,000 in the
first year), exploration expenditures of RMB$4,000,000 over 4 years
(RMB$1,000,000 in the first year), and the issuance of 950,000
common shares at a deemed price of $0.25 per share over 3 years
(550,000 shares issuable within the first year).
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Q-GOLD RESOURCES LTD. ("QAU.H")
(formerly Solana Petroleum Corp. ("SOP.H"))
BULLETIN TYPE: Name Change and Consolidation, Remain Suspended
BULLETIN DATE: June 1, 2005
NEX Company

Pursuant to a special resolution passed by shareholders on December
22, 2003, the Company has consolidated its capital on a 9 old for 1
new basis. The name of the Company has also been changed as follows.

Effective at the opening Thursday, June 2, 2005, the common shares
of Q-Gold Resources Ltd. will be listed on NEX but will remain
suspended, and the common shares of Solana Petroleum Corp. will be
delisted. The Company's trading symbol will change from SOP.H to
QAU.H. The Company is classified as a 'mineral exploration' company.

Post - Consolidation
Capitalization: Unlimited common shares with no par value
of which
1,913,989 common shares are issued and
outstanding

Transfer Agent: Computershare Trust Company of Canada
Trading Symbol: QAU.H (new)
CUSIP Number: 747269 10 8 (new)

Further to TSX Venture Exchange Bulletins dated June 9 and August
12, 2003, trading in the shares of the Company will remain
suspended.
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TITAN URANIUM EXPLORATION INC. ("TUE")("TUE.WT")
(formerly Ceduna Capital Corp. ("CUN.H"))
BULLETIN TYPE: Graduation to TSX Venture
BULLETIN DATE: June 1, 2005
NEX Company

The Company has met the requirements to be listed as a TSX Venture
Tier 2 Company. Therefore, effective on June 2, 2005, the Company's
listing will transfer from NEX to TSX Venture and the Filing and
Service Office will change from NEX to Vancouver.

Refer to TSX Venture Bulletin released today entitled 'Graduation
from NEX' for this Company for further details.
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