TSX Venture Exchange - Daily Bulletins

TSX Venture Exchange - Daily Bulletins

May 20, 2005 16:38 ET

TSX Venture Exchange Daily Bulletins for May 20, 2005

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 20, 2005) -



TSX VENTURE COMPANIES

AMERIPLAS HOLDINGS LTD. ("AHL")
BULLETIN TYPE: Non-Brokered Private Placement
BULLETIN DATE: May 20, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation with
respect to a non-brokered Private Placement announced on May 11, 2005:

Number of Shares: 1,390,000 common shares

Purchase Price: $0.15 per common share

Warrants: 1,390,000 warrants to purchase a
maximum of 695,000 common shares

Warrants Exercise Price: $0.35 for a 12-month period
following the closing of the
Private Placement

Number of Placees: 7 placees

The Company has confirmed the closing of the above-mentioned Private
Placement.

AMERIPLAS HOLDINGS LTD. ("AHL")
TYPE DE BULLETIN : Placement prive sans l'entremise d'un courtier
DATE DU BULLETIN : Le 20 mai 2005
Societe du groupe 2 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 11 mai 2005 :

Nombre d'actions : 1 390 000 actions ordinaires

Prix : 0,15 $ par action ordinaire

Bons de souscription : 1 390 000 bons de souscription
permettant de souscrire a un
maximum de 695 000 actions
ordinaires.

Prix d'exercice des bons : 0,35 $ pour une periode de 12
mois suivant la date de cloture
du placement prive.

Nombre de souscripteurs : 7 souscripteurs

La societe a confirme la cloture du placement prive mentionne ci-
dessus.
----------------------------------------------------------------------

AVOTUS CORPORATION ("AVS")
BULLETIN TYPE: Delist
BULLETIN DATE: May 20, 2005
TSX Venture Tier 1 Company

Further to the Company's news release dated May 17, 2005, the common
shares of Avotus Corporation will be delisted from TSX Venture
Exchange effective at the close of business on May 20, 2005. The
delisting of the Company's shares results from the completion of a
going-private transaction, as described in the Company's Management
Proxy Circular dated April 15, 2005.
----------------------------------------------------------------------

BRC DIAMOND CORPORATION ("BRC")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: May 20, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with
respect to a Brokered Private Placement announced October 26, 2004:

Number of Shares: 1,000,000 shares

Purchase Price: $2.50 per share

Number of Placees: 9 placees

Agent: Kingsdale Capital Markets Inc.,
Toronto, ON

Agent's Fee: 60,000 broker warrants. Each
broker warrant entitles the
holder to acquire one common
share at $2.50 for a one year
period.

Commission: $150,000 payable in cash

For further details, please refer to the Company's news release dated
April 29, 2005.
----------------------------------------------------------------------

EASTSHORE ENERGY LTD. ("EST.A") ("EST.B")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 20, 2005
TSX Venture Tier 1 Company

Effective at the opening, PST, May 20, 2005, shares of the Company
resumed trading, an announcement having been made over Vancouver
Market News.
----------------------------------------------------------------------

FIRESTONE VENTURES INC. ("FV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 20, 2005
TSX Venture Tier 2 Company

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

Number of Shares: 585,666 shares

Purchase Price: $0.15 per share

Warrants: 292,833 share purchase warrants
to purchase 292,833 shares

Warrant Exercise Price: $0.20 for a one year period

Number of Placees: 10 placees

Finder's Fee: $1,050 cash payable to Bolder
Investments Ltd.

$250 cash payable to Canaccord
Capital Corp.

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

FRANCONIA MINERALS CORPORATION ("FRA")
BULLETIN TYPE: Property-Asset Acquisition
BULLETIN DATE: May 20, 2005
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation pursuant to
an arm's length Share Purchase Agreement dated April 1, 2005, whereby
American Copper & Nickel Company Inc (ACNC) will transfer 5348.28
acres of mineral rights on the Duluth Complex to Beaver Bay Joint
Venture for US$114,708. Pursuant to the Birch Lake Joint Venture
Agreement between the Company and Beaver Bay Joint Venture dated
November 12, 2002, the Company will reimburse ACNC for land holding
costs since December 2003 by issuing 395,821 of the common shares of
Franconia Minerals Corporation for a deemed value of US$114,708
(CDN$0.36 per common share). In addition, ACNC will retain the right
to receive 7.5% of the net distributable earnings from any future
production from the lands.
----------------------------------------------------------------------

GLOBAL DEVELOPMENT RESOURCES, INC. ("GDV")
(formerly ELI Eco Logic Inc. ("ELI.H"))
BULLETIN TYPE: Graduation from NEX, Name Change and Consolidation,
Private Placement-Non-Brokered
BULLETIN DATE: May 20, 2005
TSX Venture Tier 2 Company

Graduation from NEX

The Company has met the requirements to be listed as a TSX Venture
Tier 2 Company. Therefore, effective on May 24, 2005, the Company's
listing will transfer from NEX to TSX Venture and the Filing and
Service Office will change from NEX to Toronto. The Company is
classified as a 'Merchant Banking' company.

Name Change and Consolidation

Pursuant to a special resolution passed by shareholders in a Special
Meeting of Shareholders held on January 14, 2005, the Company has
consolidated its capital on a 5 old for 1 new basis. The name of the
Company has also been changed as follows:

Effective at the opening May 24, 2005, the common shares of Global
Development Resources, Inc. will commence trading on TSX Venture
Exchange, and the common shares of ELI Eco Logic Inc. will be delisted
from NEX. The Company is classified as a 'Merchant Banking' company.

Post-Consolidation and including shares issued in the Private
Placement described below.

Capitalization: Unlimited no. of common shares
with no par value of which
17,136,505 common shares are
issued and outstanding

Escrow: 9,956,366 common shares and
7,666,666 common share purchase
warrants

Transfer Agent: Equity Transfer Services Inc.
Trading Symbol: GDV (new)
CUSIP Number: 37945R 10 0 (new)

Private Placement - Non-Brokered

TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced December 21,
2004:

Number of Shares: 10,000,000 shares

Purchase Price: $0.30 per share

Warrants: 10,000,000 share purchase
warrants to purchase 10,000,000
shares

Warrant Exercise Price: $0.40 for two years from the date
of closing

Number of Placees: 9 placees

Insider / Pro Group Participation:

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

Global (GMPC) Holdings Inc. Y 1,666,667
Gordon Ewart Y 833,333
Kent Smith Y 4,333,333
Jana Ewart Y 833,333

Finder's Fee: $49,000 (i.e., 7% of $700,000
non-insider private placement)
payable to Lucas Ewart

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).

Please refer to the Company's Information Circular and Filing
Statement filed on SEDAR on December 21, 2004 and May 12, 2005,
respectively, for full details of the above transactions.
----------------------------------------------------------------------

GREENWICH GLOBAL CAPITAL INC. ("GGB.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: May 20, 2005
TSX Venture Tier 2 Company

This Capital Pool Company's ('CPC') Prospectus dated April 20, 2005
has been filed with and accepted by TSX Venture Exchange and the
Ontario, B.C., Alberta and Manitoba Securities Commissions effective
April 25, 2005, pursuant to the provisions of the applicable
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 $300,000 (3,000,000 common shares at $0.10 per share).

Commence Date: At the opening Tuesday May 24,
2005, the Common shares will
commence trading on TSX Venture
Exchange.

Corporate Jurisdiction: Ontario

Capitalization: Unlimited common shares with no
par value of which 6,000,000
common shares are issued and
outstanding

Escrowed Shares: 3,000,000 common shares

Transfer Agent: Equity Transfer Services Inc.
Trading Symbol: GGB.P
CUSIP Number: 396841 10 8

Agent: Pacific International Securities
Inc.

Agent's Options: Non-transferable option to
purchase up to 270,000 shares at
a price of $0.10 per share for a
period of 24 months from the date
of listing on TSX Venture
Exchange.

For further information, please refer to the Company's Prospectus
dated April 20, 2005.

Company Contact: Daniel F. Hachey, President and
CEO
Company Address: 40 King Street West, Suite 2100
Toronto, Ontario M5H 3C2
Company Phone Number: (416) 709-5959
Company Fax Number: (905) 469-2882
----------------------------------------------------------------------

HOW TO WEB TV INC. ("HOW")
BULLETIN TYPE: Halt
BULLETIN DATE: May 20, 2005
TSX Venture Tier 2 Company

Effective at the opening PST, May 20, 2005, trading in the shares of
the Company was halted, transfer agent services having been suspended;
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.
----------------------------------------------------------------------

INTERNATIONAL KRL RESOURCES CORP. ("IRK")
BULLETIN TYPE: Private Placement-Brokered, Correction
BULLETIN DATE: May 20, 2005
TSX Venture Tier 2 Company

Further to TSX Venture Exchange Bulletin dated April 25, 2005, the
following information is corrected:

Warrants: 7,981,667 share purchase warrants
to purchase 7,981,667 shares
(3,990,834 warrants are
exercisable for one year, and
3,990,834 warrants are
exercisable for two years)
----------------------------------------------------------------------

INTERNATIONAL KRL RESOURCES CORP. ("IRK")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: May 20, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with
respect to the second and final tranche of a Brokered Private
Placement announced March 3, 2005 and amended April 6, 2005:

Number of Shares: 1,900,000 flow-through shares

Purchase Price: $0.20 per flow-through share

Warrants: 1,900,000 share purchase warrants
to purchase 1,900,000 shares
(950,000 warrants are exercisable
for one year, and 950,000
warrants are exercisable for two
years)

Warrant Exercise Price: $0.40 for a one year period

$0.80 in the second year

Number of Placees: 3 placees

Agent: Pacific International Securities

Commission: $148,656.05 in cash, 22,293 units
(comprised of one share, one half
of one warrant exercisable for
one year at $0.35 per share, and
one half of one warrant
exercisable for two years at
$0.75 per share), and 285,000
Agent's Options, exercisable at
$0.20 into units (comprised of
one share, one half of one
warrant exercisable for one year
at $0.40 per share and one half
of one warrant exercisable for
two years at $0.80 per share)

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

NOVEKO ECHOGRAPHS INC. ("EKO")
BULLETIN TYPE: Private Placement Non-Brokered, Convertible Debenture/s
BULLETIN DATE: May 20, 2005
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation with
respect to a non-brokered Private Placement by way of a Convertible
Debenture as announced on March 4, 2005.

Convertible Debenture: $3,000,000

Conversion Price: Convertible into Class A shares
at $0.80 per share in year one
and two, followed by an increase
of 10% per year applicable to the
conversion price of the preceding
year.

Maturity date: December 15, 2009

Warrants: 750,000 share purchase warrants
to purchase up to 750,000 shares
at a price of $0.97 per share
from April 1, 2008 until March
31, 2009, and $1.07 per share
from April 1, 2009 until December
15, 2009.

Interest Rate: 8%

Number of Placees: 4 placees

The Company has confirmed the closing of the above-mentioned Private
Placement. Please refer to the press release issued on April 1 and May
11, 2005.

ECHOGRAPHES NOVEKO INC. ("EKO")
TYPE DE BULLETIN : Placement prive sans l'entremise d'un courtier,
Debenture(s) convertible(s)
DATE DU BULLETIN : Le 20 mai 2005
Societe du groupe 2 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 par voie de
debenture convertible, tel qu'annonce le 4 mars 2005 :

Debenture convertible : 3 000 000 $

Prix de conversion : Convertible en actions categorie
A au prix de 0,80 $ l'action pour
la premiere et deuxieme annee
suivit d'une augmentation de 10 %
par annee applicable au prix de
conversion de l'annee precedente.

Date d'echeance : 15 decembre 2009

Bons de souscription : 750 000 bons de souscription
permettant de souscrire a 750 000
actions au prix de 0,97 $ du 1
avril 2008 au 31 mars 2009 et au
prix de 1,07 $ l'action du 1
avril 2009 au 15 decembre 2009.

Taux d'interet : 8 %

Nombre de souscripteurs : 4 souscripteurs

La societe a confirme la cloture du placement prive precite. Veuillez
referer aux communiques de presse emis le 1 avril et le 11 mai 2005.
----------------------------------------------------------------------

STRATEGIC METALS LTD. ("SMD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 20, 2005
TSX Venture Tier 2 Company

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

Number of Shares: 2,300,000 flow-through shares

Purchase Price: $0.22 per share

Number of Placees: 2 placees

Finder's Fee: $36,027.20 and 20,240 shares
payable to Pacific International
Securities 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.
----------------------------------------------------------------------

URSA MAJOR MINERALS INCORPORATED ("UMJ")
BULLETIN TYPE: Halt
BULLETIN DATE: May 20, 2005
TSX Venture Tier 2 Company

Effective at 8:21 a.m. PST, May 20, 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.
----------------------------------------------------------------------

WELICHEM BIOTECH INC. ("WBI")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: May 20, 2005
TSX Venture Tier 2 Company

Effective at the opening May 25, 2005, the common shares of the
Company will commence trading on TSX Venture Exchange. The Company is
classified as a 'Research and Development in the Life Sciences'
company.

Corporate Jurisdiction: British Columbia

Capitalization: Unlimited common shares with no
par value of which
20,280,399 common shares are
issued and outstanding
Escrowed Shares: 11,045,102 common shares

Transfer Agent: Pacific Corporate Trust Company
Trading Symbol: WBI
CUSIP Number: 949451 10 8
Sponsoring Member: Bolder Investment Partners Ltd.

For further information, please refer to the Company's Listing
Application dated April 8, 2005.

Company Contact: Dr. John Webster
Company Address: 316 - 4475 Wayburne Drive
Burnaby, BC V5G 3L1
Company Phone Number: 604-432-1703
Company Fax Number: 604-432-1704
Company Email Address: info@welichem.com
----------------------------------------------------------------------

NEX COMPANIES

GLOBAL DEVELOPMENT RESOURCES, INC. ("GDV")
(formerly ELI Eco Logic Inc. ("ELI.H"))
BULLETIN TYPE: Graduation to TSX Venture
BULLETIN DATE: May 20, 2005
NEX Company

The Company has met the requirements to be listed as a TSX Venture
Tier 2 Company. Therefore, effective on May 24, 2005, the Company's
listing will transfer from NEX to TSX Venture and the Filing and
Service Office will change from NEX to Toronto.

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

NETWORK EXPLORATION LTD. ("NET.H")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 20, 2005
NEX Company

Further to TSX Venture Exchange bulletin dated May 18, 2005, effective
at 7:30 a.m., PST, on Tuesday, May 24, 2005, shares of the Company
will resume trading, the company having paid its NEX quarterly
maintenance fees.
----------------------------------------------------------------------


Contact Information