TSX Venture Exchange - Daily Bulletins

TSX Venture Exchange - Daily Bulletins

June 27, 2005 16:32 ET

TSX Venture Exchange Daily Bulletins for June 27, 2005

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 27, 2005) -



TSX VENTURE COMPANIES

AMERICAN NATURAL ENERGY CORP. ("ANR.U")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: June 27, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the following
amendments to the Company's convertible debentures in the aggregate
amount of US$11,200,000 and the related trust indenture (originally
accepted for filing effective October 29, 2003 as to US$11,695,000
and effective November 5, 2003 as to US$305,000):

1. An extension to the maturity date by one year from September 30,
2005 to September 30, 2006.

2. A reduction in the conversion price per share from US$0.43 to
US$0.15 through to the maturity date of the Debentures.

3. The Company will have the right to obtain the release and
discharge of the security under the trust indenture governing the
Debentures with respect to the individual wells on a well-by-well
basis as to interests obtained by industry third parties for wells
drilled on the leasehold currently subject to the mortgage.
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AUREUS VENTURES INC. ("AUE.P")
BULLETIN TYPE: Qualifying Transaction-Terminated, Resume Trading
BULLETIN DATE: June 27, 2005
TSX Venture Tier 2 Company

Further to TSX Venture Exchange Bulletin dated April 22, 2005 and
the Company press release dated June 22, 2005, the Company's
proposed qualifying transaction has been terminated.

Effective at the opening, June 28, 2005, shares of the Company will
resume trading.
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CAPITOL ENERGY RESOURCES LTD. ("CPX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 27, 2005
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement:

Number of Shares: 62,287 flow-through common shares

Purchase Price: $4.00 per flow-through share

Number of Placees: 4 placees

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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CONTINUUM RESOURCES LTD. ("CNU")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: June 27, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with
respect to the first tranche of a Brokered Private Placement
announced June 21, 2005:

Number of Shares: 1,420,000 shares

Purchase Price: $0.25 per share

Warrants: 710,000 share purchase warrants to purchase
710,000 shares

Warrant Exercise Price: $0.30 for a one year period

Number of Placees: 17 placees

Insider / Pro Group Participation:

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

Dorothy Atkinson P 180,000
C. Channing Buckland P 100,000
Bolder Opportunities ILP P 200,000

Finder's Fee: Bolder Investment Partners, Ltd. will
receive an 8% cash finder's fee of
$28,400.00.

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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EXCHANGE INDUSTRIAL INCOME FUND ("EIF.UN")
BULLETIN TYPE: Notice of Distribution, Amendment
BULLETIN DATE: June 27, 2005
TSX Venture Tier 2 Company

The Issuer has declared the following distribution:

Distribution per investment unit: $0.27
Payable Date: July 15, 2005
Record Date: June 28, 2005
Ex-Distribution Date: June 27, 2005

Revised Record Date - Late Dividend Declared

Exchange Industrial Income Fund has declared its monthly dividend of
$0.27 per trust unit payable July 15, 2005 to shareholders of record
June 28, 2005. The trust units should have commenced trading on an
ex-dividend basis, but due to late notification traded on a cum-
dividend basis June 24, 2005 only and will commence trading on an
ex-dividend basis effective from the opening on June 27, 2005.

Member Firms and Participating Organizations that purchase the trust
units on TSX Venture Exchange June 24, 2004 should maintain a record
of brokers that sold them the trust units in order to enable such
Member Firms and Participating Organizations to claim the dividend.
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EXCHANGE INDUSTRIAL INCOME FUND ("EIF.UN")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 27, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal
to issue 16,815 Units to settle outstanding debt of $176,557.50.

Number of Creditors: 3 Creditors

Insider / Pro Group Participation:
Insider equals Y / Amount Deemed Price # of
Creditor Pro group equals P Owing per Unit Units

Edward Warkentin Y $7,875.00 $10.50 750
Mark Wehrle Y $20,002.50 $10.50 1,905
Tribal Councils
Investment Group Y $148,680.00 $10.50 14,160

The Company shall issue a news release when the shares are issued
and the debt extinguished.
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FAREPORT CAPITAL INC. ("CAB")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: June 27, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal
to issue 500,000 bonus shares to the following insider: Lou Elmaleh
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FORTUNA SILVER MINES INC. ("FVI")
(formerly Fortuna Ventures Inc. ("FVI"))
BULLETIN TYPE: Property-Asset Agreement, Private Placement-Non-
Brokered, Convertible Debenture, Private Placement-Non-Brokered,
Name Change
BULLETIN DATE: June 27, 2005
TSX Venture Tier 2 Company

Property-Asset Agreement

TSX Venture Exchange has accepted for filing an Amended and Restated
Stock Purchase Agreement (the 'Agreement'), dated June 6, 2005,
between Fortuna Silver Mines Inc. (the 'Company') and Compania
Minera Arcata, S.A. and Compania Minera Ares S.A.C.(the 'Vendors'),
both are privately held Peruvian Companies. Pursuant to the
Agreement, the Company has agreed to purchase one-hundred percent
(100%) of the shares of Minera Bateas S.A.C., a private Peruvian
company holding a one hundred percent (100%) interest in the
Caylloma Silver property located in Peru.

The aggregate consideration payable by the Company to the Vendors is
US$7,550,000 cash and shares and warrants comprising 10.803% of the
Company's fully diluted share capital at the completion of a
Significant Financing to occur within one year from the date of this
bulletin. In addition the property will be subject to a 2.0% NSR
royalty payable to the Vendors if the Company recovers more than 21
million ounces of silver from the Caylloma Property.

The cash consideration requirements of the acquisition will be met
by a US$100,000 non-refundable deposit (paid on March 15, 2005), a
US$2,950,000 Convertible Promissory Note due in six (6) months and
bearing interest at 9% per annum and a non-interest bearing
US$4,500,000 Non-Convertible Promissory Note due in twelve (12)
months. In the event of default under the Convertible Promissory
Note, the interest rate will increase to 11% and will be payable
upon demand (see below for conversion details). Unless there is
default there is no interest under the Non-Convertible Promissory
Note. If the Non-Convertible Promissory note is not paid when due,
interest will accrue at a rate of 9% per annum on default.

The share consideration will be met by the Company issuing the
Vendors 574,744 common shares and 862,117 share purchase warrants as
at the date of this bulletin. The share purchase warrants are
exercisable at $0.345 per share for a period of two (2) years and if
the Company graduates to Tier 1 status on the TSX Venture Exchange
within two years of the date of this bulletin the term of the
warrants will automatically increase to a period of five (5) years.
In addition, the Company intends to conduct a Significant Financing
in order to make the required cash payments noted above. At the
close of the Significant Financing the Company will issue additional
consideration shares and warrants, on a 40/60 split, to the Vendors
in an amount equal to 10.803% of the Company on a fully diluted
basis after giving effect to the Significant Financing (less the
shares and warrants previously issued to the Vendors). The
additional consideration warrants will have the same terms as noted
above.

Insider / Pro Group Participation: At the time the finder's fee
noted below was signed, Mr. Ganoza was not a director of the Company
but has since been appointed as Director.

Finder's Fee: A finder's fee aggregating Cdn$220,000 is
payable to, and allocated between, Mr.
Mario Szotlender of Caracas, Venezuela and
Mr. Jorge A. Ganoza Durant of Lima, Peru.

For further details, please refer to the Company's news releases
dated June 8, 2005, June 14, 2005 and the Company's filing statement
dated June 22, 2005.

Private Placement-Non-Brokered, Convertible Debenture

TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced June 8, 2005:

Convertible Debenture: US$2,950,000

Conversion Price: Convertible into common shares at the
weighted average trading price of the
Company shares for the 20 days prior to
the date of conversion subject to a minimum
conversion price of US$0.276 per share.

Maturity date: December 27, 2005

Interest rate: 9% per annum, payable monthly. In the event
of default the interest will increase to
11% per annum and will be payable on demand.

Number of Placees: 2 placees

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.

Private Placement-Non-Brokered

TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced June 8, 2005:

Number of Shares: 1,500,000 shares

Purchase Price: $0.70 per share

Warrants: 1,500,000 share purchase warrants to
purchase
1,500,000 shares

Warrant Exercise Price: $0.75 for a one year period

Number of Placees: 8 placees

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.)

Name Change

Pursuant to a special resolution passed by shareholders May 31,
2005, the Company has changed its name as follows. There is no
consolidation of capital.

Effective at the opening June 28, 2005, the common shares of Fortuna
Silver Mines Inc. will commence trading on TSX Venture Exchange, and
the common shares of Fortuna Ventures Inc. will be delisted. The
Company is classified as a 'Mineral Exploration' company.

Capitalization: Unlimited common shares with no par value
of which
8,915,965 common shares are issued and
outstanding
Escrow: 495,422 common shares are subject to 36
month staged release escrow.

Transfer Agent: Pacific Corporate Trust Company
Trading Symbol: FVI (same)
CUSIP Number: 349915 10 8 (same)

In addition to the escrow noted above, approximately 2,600,000
common shares are subject to a pooling agreement with 50% of the
pooled shares and 50% of the pooled warrants will be released from
the pool on October 15, 2005 with the balance released on January
15, 2006.
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GREAT PANTHER RESOURCES LIMITED ("GPR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 27, 2005
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 May 19, 2005:

Number of Shares: 2,079,722 shares

Purchase Price: $0.45 per share

Warrants: 1,039,861 Series F share purchase warrants
to purchase
1,039,861 shares

Warrant Exercise Price: $0.62 for a one year period

Number of Placees: 45 placees

Insider / Pro Group Participation:

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

David Elliot P 100,000
David Shepherd P 100,000
Scott Hunter P 100,000
Murray McInnes P 10,000
Dawn M. Peck P 100,000

Finder's Fee: $39,600 cash and 110,000 warrants
exercisable at $0.62 for one year payable
to Haywood Securities Inc.

$6,300 cash and 17,500 warrants exercisable
at $0.62 for one year payable to Leede
Financial Markets

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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MEDICAL VENTURES CORP. ("MEV")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: June 27, 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: 16,900,000 shares

Purchase Price: $0.25 per share

Number of Placees: 67 placees

Insider / Pro Group Participation:

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

Paul Geyer Y 2,400,000
Geyer Engineering Ltd. (Paul Geyer) Y 2,000,000
Doug Janzen Y 200,000
David Craig P 200,000
Eugene Lai P 20,000
Raymond James Ltd. P 30,000

Agents: Raymond James Ltd. and Orion Securities
Inc.

Commission: $162,800 and 233,600 Broker's Warrants.
Each Broker Warrant entitles the Agents
to purchase one common share at a price
of $0.25 per share until June 13, 2007.

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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OILEXCO INCORPORATED ("OIL")
BULLETIN TYPE: Prospectus-Share Distribution
BULLETIN DATE: June 27, 2005
TSX Venture Tier 1 Company

Effective June 20, 2005, the Company's Short Form Prospectus dated
June 20, 2005 was filed with and accepted by TSX Venture Exchange,
and filed with and receipted by the Alberta, British Columbia and
Ontario Securities Commissions, pursuant to the provisions of the
Alberta, British Columbia and Ontario Securities Acts. The Offering
has closed with the following terms:

Agents: Canaccord Capital Corporation
Canaccord Capital (Europe) Limited

Offering: 31,000,000 Common Shares

Share Price: CDN$2.22 per share (Pounds Sterling 0.98
per share).

Agents' Warrants: Non-transferable Broker Warrants to
acquire up to that number of common shares
equal to 6% of the number of common shares
sold by the Agents under the offering,
exercisable at a price of CDN$2.22 per
share (Pounds Sterling 0.98 per share) for
a period of 12-months from the closing of
the offering.
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PGM VENTURES CORPORATION ("PPG")
BULLETIN TYPE: Property-Asset Acquisition
BULLETIN DATE: June 27, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation
pertaining to an Agreement dated June 24, 2005 between PGM Ventures
Corporation (the 'Company') and Ingenieria de Suelos y Explotacion
de Recursos, S.A. Pursuant to the Agreement, the Company is
acquiring the remaining 20% interest in Minas de Aguas Tenidas
S.A.U. On closing, the Company will be the 100% owner of the Aguas
Tenidas Mine located in Huelva, Spain. Total consideration payable
is _2,000,000. For further details, please refer to the Company's
press release dated June 23, 2005.
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POWERMAX ENERGY INC. ("PWR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 27, 2005
TSX Venture Tier 2 Company

Effective at 10:15 a.m., PST, June 27, 2005, shares of the Company
resumed trading, an announcement having been made over StockWatch.
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SACKPORT VENTURES INC. ("SAK.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: June 27, 2005
TSX Venture Tier 2 Company

Further to TSX Venture Exchange Bulletin dated June 22, 2005,
effective at 6:22 a.m., PST, June 27, 2005 trading in the shares of
the Company will remain halted pending receipt and acceptance of
acceptable documentation regarding the qualifying transaction
pursuant to Listing Policy 2.4.
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STARFIELD RESOURCES INC. ("SRU")
BULLETIN TYPE: Private Placement-Non-Brokered, Private Placement-
Brokered
BULLETIN DATE: June 27, 2005
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced June 23, 2005:

Number of Shares: 1,000,000 flow through shares

Purchase Price: $0.55 per share

Number of Placees: 1 placees

Finders: Carl Jones

Finder's Fee: $80,000 in aggregate is payable to the
finder

TSX Venture Exchange has also accepted for filing documentation with
respect to a Brokered Private Placement announced June 23, 2005:

Number of Shares: 1,000,000 flow through shares

Purchase Price: $0.55 per flow through share

Number of Placees: 5 placees

Agent: Jory Capital Inc

Agent's Fee: $100,000 in aggregate is payable to the
Agent

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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THE JENEX CORPORATION ("JEN")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: June 27, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange (the 'Exchange') has accepted for filing a loan
agreement dated May 18, 2005 between The Jenex Corporation (the
'Company') and an arm's length party (the 'Lender'), whereby the
Lender has provided the Company with a loan in the principal amount
of $500,000 at an interest rate of 15% per annum. Pursuant to the
financing arrangement, the Company will issue to the Lender,
1,250,000 non-transferable share warrants exercisable at $0.14 per
share for a one year period. The Exchange has also consented to the
Company's payment of a finder's fee in the amount of $50,000 to
Benson, VanLaer and Co. Inc.
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TOXIN ALERT INC. ("TOX")
BULLETIN TYPE: Halt
BULLETIN DATE: June 27, 2005
TSX Venture Tier 2 Company

Effective at the opening PST, June 27, 2005, trading in the shares
of the Company was halted pending compliance with the Exchange
filing requirements; 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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NEX COMPANIES

CADRE RESOURCES LTD. ("CSL.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 27, 2005
NEX Company

TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced June 2, 2005:

Number of Shares: 432,000 shares

Purchase Price: $0.3119 per share

Warrants: 432,000 share purchase warrants to purchase
432,000 shares

Warrant Exercise Price: $0.3119 per share for a one year period

Number of Placees: 2 placees

Finder's Fee: US$10,000 cash payable to Warren E. Drew.

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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FIRST IDAHO RESOURCES INC. ("FI.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 27, 2005
NEX Company

TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced on February 9,
2004:

Number of Shares: 2,333,334 shares

Purchase Price: $0.15 per share

Warrants: 2,333,334 share purchase warrants to
purchase
2,333,334 shares

Warrant Exercise Price: $0.15 for a one year period

Number of Placees: 3 placees

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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GFM RESOURCES LIMITED ("GFM.H")
BULLETIN TYPE: Private Placement-Non-Brokered, Shares for Debt
BULLETIN DATE: June 27, 2005
NEX Company

Private Placement-Non-Brokered

TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced on June 6,
2005:

Number of Shares: 2,397,000 shares

Purchase Price: $0.10 per share

Warrants: 1,198,500 share purchase warrants to
purchase
1,198,500 shares

Warrant Exercise Price: $0.20 for a one year period

Number of Placees: 1 placee

Insider / Pro Group Participation:

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

Grupo Ferrominero S.A. de C.V.
(Pedro Ramirez) Y 2,397,000

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.

Shares for Debt

TSX Venture Exchange has accepted for filing the Company's proposal
to issue 2,589,230 shares to settle outstanding debt for $258,923.

Number of Creditors: 1 Creditor

Insider / Pro Group Participation:

Insider equals Y / Amount Deemed Price # of
Creditor Progroup equals P Owing per Share Shares

Grupo Ferrominero
S.A. de C.V.
(Pedro Ramirez) Y $258,923 $0.10 2,589,230

The Company shall issue a news release when the shares are issued
and the debt extinguished.
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PANORAMIC MIRRORS INC. ("MSP.H")
BULLETIN TYPE: Delist
BULLETIN DATE: June 27, 2005
NEX Company

Effective at the close of business on Monday, June 27, 2005, the
common shares will be delisted from TSX Venture Exchange at the
request of the Company.

The Company will continue to trade on CNQ under their new name of
GLG Life Tech Limited on June 28, 2005.
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TOBA INDUSTRIES LTD. ("TBG.H")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 27, 2005
NEX Company

TSX Venture Exchange has accepted for filing the Company's proposal
to issue 536,500 shares to settle outstanding debt for $53,650.00.

Number of Creditors: 3 Creditors

The Company shall issue a news release when the shares are issued
and the debt extinguished.
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