TSX Venture Exchange - Daily Bulletins

TSX Venture Exchange - Daily Bulletins

March 23, 2005 16:23 ET

TSX Venture Exchange Daily Bulletins for March 23, 2005


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: TSX VENTURE EXCHANGE - DAILY BULLETINS

MARCH 23, 2005 - 16:23 ET

TSX Venture Exchange Daily Bulletins for March 23, 2005

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 23, 2005) -



TSX VENTURE COMPANIES

BULLETIN TYPE: Notice to Issuers
BULLETIN DATE: March 23, 2005
Re: Amendment to Policy 2.4 - Capital Pool Companies

TSX Venture Exchange is pleased to announce that effective March
24, 2005 the Capital Pool Company (CPC) program will be extended
into the province of Nova Scotia.

There are no material amendments to the CPC policy or the attendant
forms.

FOR FURTHER INFORMATION, PLEASE CONTACT:

In British Columbia: Susan Copland, Phone: 604-643-6531,
email: Susan.Copland@tsxventure.com.

In Alberta: Peter Varsanyi, Phone: 403-218-2860,
email: Peter.Varsanyi@tsxventure.com.

In Ontario: Ungad Chadda, Phone: 416-365-2206,
email: Ungad.Chadda@tsxventure.com.

In Quebec: Louis Doyle, Phone: 514-788-2407,
email: Louis.Doyle@tsxventure.com.

TYPE DE BULLETIN : Avis aux emetteurs
DATE DU BULLETIN : Le 23 mars 2005
Objet : Modification a la Politique 2.4 - Societes de capital de
demarrage

La Bourse de croissance TSX est heureuse de vous annoncer qu'en
date du mars 24, 2005, le programme des societes de capital de
demarrage (SCD) sera disponible dans la province de Nouvelle-
Ecosse.
Il n'y aura aucun changement a la politique de SCD ni aux
formulaires s'y rattachant.

Pour plus d'information, veuillez communiquer avec les personnes
suivantes :

Colombie-Britannique : Susan Copland, telephone : (604) 643-6531,
courriel : susan.copland@tsxventure.com

Alberta : Peter Varsanyi, telephone : (403) 218-2860,
courriel : peter.varsanyi@tsxventure.com

Ontario : Ungad Chadda, telephone : (416) 365-2206,
courriel : ungad.chadda@tsxventure.com

Quebec : Louis Doyle, telephone : (514) 788-2407,
courriel : louis.doyle@tsxventure.com
---------------------------------------------------------------------

ABACUS MINING & EXPLORATION CORPORATION ("AME")
BULLETIN TYPE: Plan of Arrangement, Warrant Price Amendment
BULLETIN DATE: March 23, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has approved the Company's proposed Plan of
Arrangement under section 289 of the Business Corporations Act
(British Columbia). The Plan of Arrangement was approved by a
special resolution passed by the Company's shareholders at an
Extraordinary General Meeting held on March 15, 2005. The final
court order approving the Plan of Arrangement was issued by the
Supreme Court of British Columbia on March 17, 2005. It is
anticipated that the Plan of Arrangement and transactions involved
therewith will close and be given effect on April 15, 2005.

The Plan of Arrangement, which is fully described in the Company's
Information Circular, dated February 8, 2005, effectively involves
a restructuring of the Company's business and assets in order to
separate its 'Niblack Property' from its other mineral properties.
Initially, the Niblack Property will be held by Niblack Mining
Corp. ('Niblack Mining'), currently a wholly-owned subsidiary of
the Company. Upon completion of the Plan of Arrangement, each
shareholder of the Company will receive one (1) common share of
Niblack Mining for every four (4) common shares of the Company they
hold. In addition, all holders of share purchase warrants or stock
options of the Company (collectively, the 'Convertible Securities')
will receive equivalent securities in Niblack on the same one-for-
four basis.

It is proposed that Niblack Mining will make application to be
listed on the Exchange, however, no such application has been made
at this time and no assurance has been provided by the Exchange
that any such application, if made, will be accepted by the
Exchange.

Pursuant to the Plan of Arrangement, all existing share purchase
warrants and stock options that will be outstanding upon completion
of the Plan of Arrangement will be repriced in order to account for
the effective changes to the Company's share structure that will
result from the Plan of Arrangement. The expiry dates of all such
securities will not change. The particulars of the repricing, which
will be given effect upon completion of the Plan of Arrangement, is
summarized as follows:

- 775,000 stock options, expiring April 4, 2008, will have their
exercise price reduced from $0.10 to $0.08.
- 2,500 stock options, expiring August 16, 2005, will have their
exercise price reduced from $0.14 to $0.112.
- 225,000 stock options, expiring June 1, 2006, will have their
exercise price reduced from $0.14 to $0.112.
- 750,000 stock options, expiring September 4, 2008, will have
their exercise price reduced from $0.19 to $0.152.
- 462,500 stock options, expiring April 16, 2007, will have their
exercise price reduced from $0.20 to $0.16.
- 1,500,000 stock options, expiring September 17, 2009, will have
their exercise price reduced from $0.20 to $0.16.
- 300,000 stock options, expiring October 9, 2008, will have their
exercise price reduced from $0.36 to $0.288.
- 1,500,000 stock options, expiring October 22, 2009, will have
their exercise price reduced from $0.40 to $0.32.
- 394,744 share purchase warrants, expiring October 14, 2005, will
have their exercise price reduced from $0.24 to $0.192.

The repricing of the above-mentioned securities received
disinterested shareholder approval at the Company's Extraordinary
General Meeting held on March 15, 2005. For additional information,
refer to the Company's Information Circular, dated February 8,
2005.

The Company must issue a press release confirming the closing of
the Plan of Arrangement or, if applicable, must immediately issue a
press release confirming that the Company will not be proceeding
with the Plan of Arrangement if the Company chooses to abandon the
Plan of Arrangement.
---------------------------------------------------------------------

ALTERNATIVE FUEL SYSTEMS (2004) INC. ("AFX")
BULLETIN TYPE: Short Form Offering Document-Accepted
BULLETIN DATE: March 23, 2005
TSX Venture Tier 2 Company

The Company's Short Form Offering Document dated March 14, 2005 has
been filed with and accepted by TSX Venture Exchange.

Effective Date: March 14, 2005

Offering Expiry
Date: 60 calendar days ending May 13, 2005

Agent: First Associates Investments Inc.

Offering: Up to 8,000,000 units, with each unit consisting
of one common share and one-half of one common
share purchase warrant. Each whole warrant
entitles the holder thereof to purchase one
additional common share at a price of $0.20
per share for a period of one year following the
issuance of the units.

Unit Price: $0.15

Agent's Option: Non-transferable option to purchase that number
of units equal to 15% of the aggregate number
of units sold, exercisable for a period of 18
months following the closing of the Offering
at a price of $0.15 per unit. Price is already
set.

Agent's Commission: 8% of the gross proceeds received from the
sale of the units. In addition, the Agent will
receive an administration fee of $17,500. The
Agent will also be reimbursed for legal,
accounting and other expenses.

Upon completion of the Offering, the Company will issue a news
release confirming the number of shares issued and monies raised
pursuant to this Offering.

For further information, refer to the Company's Short Form Offering
Document dated March 14, 2005.
---------------------------------------------------------------------

AMADOR GOLD CORP. ("AGX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 23, 2005
TSX Venture Tier 2 Company

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

Number of Shares: 1,000,000 shares

Purchase Price: $0.10 per share

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

Warrant Exercise
Price: $0.10 for a two year period

Number of Placees: 10 placees

Insider / Pro Group Participation:

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

Lynn W. Evoy Y 50,000

Finder's Fee: Research Capital Corp. will receive a finder's
fee of $8,550.00.

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.
---------------------------------------------------------------------

BANRO CORPORATION ("BAA")
(formerly Banro Corporation ("BNR"))
BULLETIN TYPE: Symbol Change
BULLETIN DATE: March 23, 2005
TSX Venture Tier 2 Company

Effective at the opening March 24, 2005, the trading symbol for
Banro Corporation will change from ('BNR') to ('BAA'). There is no
change in the company's name, no change in its CUSIP number and no
consolidation of capital. The Company is classified as a 'Gold
Mining' company.
---------------------------------------------------------------------

BOULDER MINING CORPORATION ("BDR")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: March 23, 2005
TSX Venture Tier 2 Company

Pursuant to Policy 1.2, TSX Venture Exchange has been advised of,
and accepted, the change of the Filing and Regional Office from
Toronto to Vancouver.
---------------------------------------------------------------------

CABO MINING ENTERPRISES CORP. ("CBE")
BULLETIN TYPE: Property-Asset Acquisition
BULLETIN DATE: March 23, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation
pertaining to a Share Purchase Agreement (the 'Agreement'), between
Cabo Mining Enterprises Corp. (the 'Company'), and (3) three arms-
length parties (the 'Vendors'), whereby the Company has acquired a
100% interest in Advanced Drilling Ltd. - a private British
Columbia-based group of companies with 35 drill rigs engaged in
providing mineral exploration and geological drilling services.

The $3,000,000 purchase price will be satisfied by cash payments of
$1.35 million and the issuance of 1,833,333 common shares of the
Company at a deemed value of $0.90 per share.

For further details, please refer to the Company's news releases
dated December 6, 2004 and February 17, 2005.
---------------------------------------------------------------------

DISCOVERY CAPITAL CORPORATION ("DVY.Y")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: March 23, 2005
TSX Venture Tier 1 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
March 22, 2005, it may repurchase for cancellation, up to 3,004,660
shares in its own capital stock. The purchases are to be made
through the facilities of TSX Venture Exchange during the period
from March 29, 2005 to March 28, 2006. Purchases pursuant to the
bid will be made by Sean Fahy of Scotia Capital Inc. on behalf of
the Company.
---------------------------------------------------------------------

FLYING A PETROLEUM LTD. ("FAB")
BULLETIN TYPE: Halt
BULLETIN DATE: March 23, 2005
TSX Venture Tier 2 Company

Effective at 9:56 a.m. PST, March 23, 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.
---------------------------------------------------------------------

FRONTIER PACIFIC MINING CORPORATION ("FRP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 23, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced February 15,
2005:

Number of Shares: 5,743,000 shares

Purchase Price: $0.22 per share

Warrants: 2,871,500 share purchase warrants to purchase
2,871,500 shares

Warrant Exercise
Price: $0.33 for a two year period

Number of Placees: 51 placees

Insider / Pro Group Participation:

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

Agadez Investments Inc.
(Robert Culbert) Y 20,000
Dorothy Atkinson P 300,000
Victor Bradley Y 410,000
David Elliot P 75,000
Danny Harada P 50,000
G. Ross McDonald Inc.
(G. Ross McDonald) Y 140,000
Nor-West Rotors Ltd.
(Stewart Blusser) Y 450,000
Keith Peck P 454,500
Thomas W. Seltzer P 50,000
David Shepherd P 75,000
Peter Tegart Y 225,000

Finder's Fee: 17,175 shares payable to Canaccord Capital
Corporation
80,963 shares payable to Haywood Securities Inc.
$10,972.50 cash payable to Bolder Investment
Partners Ltd.
13,125 shares payable to Northern Securities
Inc.
22,350 shares payable to Terry Salo
17,250 shares payable to Dean Nawata

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.
---------------------------------------------------------------------

INNOVATIVE WATER & SEWER SYSTEMS INC. ("IWS")
BULLETIN TYPE: Private Placement -Brokered
BULLETIN DATE: March 23, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with
respect to a Brokered Private Placement announced February 14,
2005:

Number of Shares: 4,290,277 common shares

Purchase Price: $0.56 per share

Number of Placees: 56 placees

No Insider / Pro Group Participation:

Agents: James Edward Capital Corporation
Canaccord Capital Corporation
Refco Futures (Canada) Inc.
Worldsource Securities Inc.
Lytton Financial
Middlemarch Partners Ltd.

Finder's Fee: Cash - $235,541 payable in cash to the Agents
Securities - 549,316 agent warrants at an
exercise price of $0.70, expiring February 25,
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).
---------------------------------------------------------------------

KOOTENAY ENERGY INC. ("KTY")
(formerly Kootenay Energy Inc. ("KTY.P"))
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, CPC-
Filing Statement, Private Placement-Non-Brokered
BULLETIN DATE: March 23, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's
Qualifying Transaction described in its Information Circular dated
February 10, 2005. As a result, at the opening on March 24, 2005,
the Company will no longer be considered a Capital Pool Company.
The Qualifying Transaction includes the following:

Qualifying Transaction

Pursuant to an arm's length agreement, the Company acquired certain
oil and gas properties located in Alberta from the receiver and
manager of the properties for a cash payment of $1,800,000 subject
to adjustment.

TSX Venture Exchange has accepted for filing the Company's CPC
Filing Statement dated February 10, 2005, for the purpose of filing
on SEDAR.

The Exchange has been advised that the above transaction has been
completed.

In addition, the Exchange has accepted for filing the following:

Private Placement-Non-Brokered

TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced December 2,
2004:

Number of Shares: 2,124,832 shares

Purchase Price: $0.60 per share

Number of Placees: 12 placees

Insider / Pro Group Participation:

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

Richard Donaldson P 16,667

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). The Company must also issue a news release if the
private placement does not close promptly.

Capitalization: Unlimited shares with no par value of which
12,124,832 shares are issued and outstanding
Escrow: 8,000,000 shares

Symbol: KTY (same symbol as CPC but with .P removed)

The Company is classified as an 'oil and gas exploration and
development' company.
---------------------------------------------------------------------

LAKE SHORE GOLD CORP. ("LSG")
BULLETIN TYPE: Property-Asset Acquisition
BULLETIN DATE: March 23, 2005
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing a Letter Agreement
dated March 3, 2005 between Lake Shore Gold Corp. (the 'Company')
and Black Hawk Mining Inc. (the 'Vendor', Glencairn Gold
Corporation is the sole shareholder), whereby the Company will
acquire 100% of the Vendor's interest under the mining lease on the
Vogel Gold Property, located in Hoyle Township, Timmins Gold Camp,
Ontario (the 'Property'). In consideration, the Company will make
an initial cash payment of $3,000,000 and issue 100,000 shares to
the Vendor. A further cash payment of $500,000 will be made to the
Vendor once 600,000 ounces of gold have been confirmed from and on
the Property.
---------------------------------------------------------------------

LANESBOROUGH REAL ESTATE INVESTMENT TRUST ("LRT.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: March 23, 2005
TSX Venture Tier 2 Company

The Issuer has declared the following distribution:

Distribution per Trust Unit: $0.14
Payable Date: April 15, 2005
Record Date: March 31, 2005
Ex-Distribution Date: March 29, 2005
---------------------------------------------------------------------

MACDONALD MINES EXPLORATION LTD. ("BMK")
BULLETIN TYPE: Property-Asset Agreement
BULLETIN DATE: March 23, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation
pertaining to an Assignment Agreement (the 'Agreement'), dated
March 14, 2005, between MacDonald Mines Exploration Ltd. (the
'Company'), and Hawk Precious Minerals Inc. ('Hawk'), whereby the
Company will acquire a 100% interest of Hawks 50% interest in the
properties outlined in its Noront option and Noront/Hawk assignment
agreements with Noront Resources Ltd. (the 'Hawk Properties'),
located in the McFaulds Lake Area of Ontario.

Under the terms of the Agreement, the Company will earn a 50%
interest in the Hawk Properties through the issuance of 4,000,000
common shares and 2,000,000 warrants, exercisable into 2,000,000
common shares at $0.15 per share for a two year period, and by
incurring $1,208,000 of work expenditures on or before July 31,
2005.

For further details, please refer to the Company's press release
dated March 16, 2005.
---------------------------------------------------------------------

MAJESTIC GOLD CORP. ("MJS")
BULLETIN TYPE: Property-Asset Agreement
BULLETIN DATE: March 23, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for expedited filing
documentation pertaining to an option agreement between China
Shandong Fushan DJY Gold Mine and Majestic Jiaogong Gold Ltd. (BVI)
('Majestic'), which is 90% owned by Majestic Gold Corp. Under the
terms of the agreement, Majestic may earn a 60% interest in a joint
venture company which will hold a 100% interest in 1 exploration
license, known as the Fushan Gold Project, covering an area of 20
square kilometers in Shandong Province, People's Republic of China.
Majestic will contribute US$2.44 million of the exploration and
development costs to the joint venture over a four-year period,
after which the joint venture partner will contribute on a pro-rata
basis or be diluted to 12.5%. A finder's fee of 150,000 shares will
be issued in connection with this transaction.
---------------------------------------------------------------------

MAJESTIC GOLD CORP. ("MJS")
BULLETIN TYPE: Property-Asset Agreement
BULLETIN DATE: March 23, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for expedited filing
documentation pertaining to an option agreement between Shandong
Yantai Muping Gold Mine and Majestic Yantai Gold Ltd. (BVI)
('Majestic'), which is 90% owned by Majestic Gold Corp. Under the
terms of the agreement, Majestic may earn a 60% interest in a joint
venture company which will hold a 100% interest in 13 exploration
licenses and 2 mining licenses, known as the Muping Gold Project,
covering an area of 75 square kilometers in Shandong Province,
People's Republic of China. Majestic will contribute US$4.26
million of the exploration and development costs to the joint
venture over a four-year period, after which the joint venture
partner will contribute on a pro-rata basis or be diluted to 15%. A
finder's fee of 150,000 shares will be issued in connection with
this transaction.
---------------------------------------------------------------------

MESSINA MINERALS INC. ("MMI")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 23, 2005
TSX Venture Tier 2 Company

Effective at the open, PST, March 23, 2005, shares of the Company
resumed trading, an announcement having been made over CCNMatthews.
---------------------------------------------------------------------

MINERAL HILL INDUSTRIES LTD. ("MHI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 23, 2005
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced January 5,
2005 and February 18, 2005:

Number of Shares: 4,000,000 shares

Purchase Price: $0.165 per share

Warrants: 4,000,000 share purchase warrants to purchase
4,000,000 shares

Warrant Exercise
Price: $0.22 for a five year period

Number of Placees: 11 placees

Insider / Pro Group Participation:

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

MerFin Management Ltd.
(Dieter Peter and
Vera Kaiser) Y 1,321,363
Hans Schwabl Y 300,000
619018 B.C. Ltd.
(Hans Schwabl) Y 360,000
Josephine See Y 30,303

Finder's Fee: 216,409 shares payable to Mathew Mikulic

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.
---------------------------------------------------------------------

MINERAL HILL INDUSTRIES LTD. ("MHI")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 23, 2005
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing the Company's proposal
to issue 1,212,121 shares at a deemed price of $0.165 per share
with warrants attached to purchase 1,212,121 shares at $0.22 per
share for a three-year term to settle outstanding debt for
$200,000.

Number of Creditors: 1 Creditor

Insider / Pro Group Participation:

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

Island Gateway
Corp. (Betty
Mikulik and
MerFin Management
Limited) Y $200,000 $0.165 1,212,121

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

MUSICRYPT INC. ("MCT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 23, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal
to issue 21,818 shares to settle outstanding debt for $12,000.

Number of Creditors: 1 Creditor

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

NORTHERN HEMISPHERE DEVELOPMENT CORP. ("NHD")
BULLETIN TYPE: Halt
BULLETIN DATE: March 23, 2005
TSX Venture Tier 2 Company

Effective at 9:56 a.m. PST, March 23, 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.
---------------------------------------------------------------------

NOVAWEST RESOURCES INC. ("NVE")
BULLETIN TYPE: Warrant Price Amendment, Warrant Term Extension,
Correction
BULLETIN DATE: March 23, 2005
TSX Venture Tier 1 Company

Further to the bulletin dated March 15, 2005, the following is a
correction in which an additional 400,000 warrants have been
extended but not re-priced:

Private Placement:

# of Warrants: 600,000
Original Expiry Date of Warrants: January 31, 2006
New Expiry Date of Warrants: July 31, 2009
Original Exercise Price of Warrants:$0.50
New Exercise Price of Warrants: $0.20
Forced Exercise Provision: If the closing price for the
Company's shares is $0.20 or
greater for a period of 10
consecutive trading days, then
the warrant holders will have
30 days to exercise their
warrants; otherwise the
warrants will expire on the
31st day.

# of Warrants: 400,000
Original Expiry Date of Warrants: January 31, 2006
New Expiry Date of Warrants: July 31, 2009
Original Exercise Price of Warrants:$0.50

These warrants were issued pursuant to a private placement of
1,000,000 shares with 1,000,000 non-transferable share purchase
warrants attached, which was accepted for filing by the Exchange
effective July 27, 2004.
---------------------------------------------------------------------

NR2 RESOURCES CORPORATION. ("NRR.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: March 23, 2005
TSX Venture Tier 2 Company

This Capital Pool Company's ('CPC') Prospectus dated December 13,
2004 has been filed with and accepted by TSX Venture Exchange and
the British Columbia, Alberta and Ontario Securities Commissions
effective December 15, 2004, pursuant to the provisions of the
British Columbia, Alberta and Ontario Securities Acts. The common
shares of the Company will be listed on TSX Venture Exchange on the
effective date stated below.

The Company has completed its initial distribution of securities to
the public. The gross proceeds received by the Company for the
Offering were $500,000(5,000,000 common shares at $0.10 per share).

Commence Date: At the opening March 24, 2005, the common shares
will commence trading on TSX Venture Exchange.

Corporate
Jurisdiction: Alberta

Capitalization: Unlimited common shares with no par value of
which 7,200,000 common shares are issued and
outstanding
Escrowed Shares: 2,200,000 common shares

Transfer Agent: Olympia Trust Company
Trading Symbol: NRR.P
CUSIP Number: 62939Q 10 8
Sponsoring Member: Jennings Capital Inc.

Agent's Options: 500,000 non-transferable stock options. One
option to purchase one common share at $0.10
per share for up to 18 months from date of
listing.

For further information, please refer to the Company's Prospectus
dated December 13, 2004.

Company Contact: D. Douglas Gillies
Company Address: c/o McCarthy Tetrault LLP
Suite 3300, 421 - 7th Avenue SW
Calgary, Alberta, T2P 4K9
Company Phone Number:(403) 243-8074
---------------------------------------------------------------------

PIPER CAPITAL INC. ("PCL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 23, 2005
TSX Venture Tier 2 Company

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

Number of Shares: 3,045,000 shares

Purchase Price: $0.20 per share

Warrants: 1,522,500 share purchase warrants to purchase
1,522,500 shares

Warrant Exercise
Price: $0.25 for a one year period

Number of Placees: 22 placees

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

Robert Anderson Y 50,000

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. (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.)
---------------------------------------------------------------------

SOLID RESOURCES LTD. ("SRW")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 23, 2005
TSX Venture Tier 2 Company

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

Number of Shares: 1,625,000 common shares

Purchase Price: $1.00 per share

Warrants: 1,625,000 share purchase warrants to purchase
1,625,000 shares

Warrant Exercise
Price: $1.25 for a twelve (12) month period

Number of Placees: 91 placees

Agents: Acumen Capital Partners
Bolder Investment Partners
Sanders Wealth Management
BMO Nesbitt Burns

Finder's Fee: Cash - $39,850 payable to agents
Securities - 9,000 shares at $1.00 in lieu of cash

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).
---------------------------------------------------------------------

STERLING LEAF INCOME TRUST ("SLM.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: March 23, 2005
TSX Venture Tier 2 Company

The Issuer has declared the following distribution:

Distribution per Trust Unit: $0.071
Payable Date: April 15, 2005
Record Date: March 31, 2005
Ex-Distribution Date: March 29, 2005
---------------------------------------------------------------------

SYLOGIST LTD. ("SYZ")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: March 23, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with
respect to a Brokered Private Placement announced February 9, 2005:

Number of Shares: 3,045,000 common shares

Purchase Price: $1.20 per share

Number of Placees: 20 placees

Agent: Canaccord Capital Corporation

Agent's Commission: Cash - $219,240

Securities - option to acquire 304,500 common
shares at an exercise price of $1.20 per common
share for 18 months

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 HELICAL CORPORATION INC. ("HSI")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible
Debenture/s
BULLETIN DATE: March 23, 2005
TSX Venture Tier 2 Company

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

Convertible
Debenture: $125,000

Conversion Price: Convertible into units consisting of one common
share and one common share purchase warrant at
$0.20 of principal outstanding.

Maturity date: January 31, 2008

Warrants: Each warrant will have a term of two years from
the date of issuance of the notes and entitle
the holder to purchase one common share. The
warrants are exercisable at the price of $0.25
for two years.

Interest rate: 10%

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.
---------------------------------------------------------------------

WYN DEVELOPMENTS INC. ("WL")
BULLETIN TYPE: Halt
BULLETIN DATE: March 23, 2005
TSX Venture Tier 2 Company

Effective at 9:56 a.m. PST, March 23, 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.
---------------------------------------------------------------------

NEX COMPANIES

COOPER MINERALS INC. ("CQ.H")
BULLETIN TYPE: Halt, Change of Business
BULLETIN DATE: March 23, 2005
NEX Company

Effective at the open on Thursday, March 24, 2005, trading in the
shares of the Company will be halted pending receipt and review of
acceptable documentation regarding the change of business pursuant
to Policy 5.2.
---------------------------------------------------------------------


-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    TSX Venture Exchange
    Market Services
    (416) 947-4452
    Email: marketdata@tsx.ca