Business News

TSX Venture Exchange Daily Bulletins for August 8, 2008

2008-08-08 16:16:00

TSX Venture Exchange Daily Bulletins for August 8, 2008

VANCOUVER, BRITISH COLUMBIA–(EMWNews – Aug. 8, 2008) –



08/08/08 - TSX Venture Exchange Daily Bulletins

TSX VENTURE COMPANIES

ALLIANCE GRAIN TRADERS INCOME FUND ("AGT.UN")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: August 8, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect
to a Brokered Private Placement announced June 23, 2008:

Number of Shares: 970,000 trust units

Purchase Price: $15.50 per trust unit

Number of Placees: 46 placees

Insider / Pro Group Participation:

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

Sentry Select Diversified
Income Trust Y 12,000

Agent's Fee: an aggregate of $751,750, payable to
Wellington West Capital Markets Inc.,
Genuity Capital Markets and Rirst
Republic Capital Corp.

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
has issued a news release announcing the closing of the private placement
and setting out the expiry dates of the hold period(s).

TSX-X
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ALTIMA RESOURCES LTD. ("ARH")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: August 8, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to
issue 3,834,375 bonus shares to Ionic Capital Corp. in consideration of a
loan in the amount of $4,090,000. In addition, a commitment fee of
$40,000 will be payable. The loan bears interest at 12% and has a term of
one year.

TSX-X
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ANDOVER VENTURES INC. ("AOX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 8, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect
to the second tranche of a Non-Brokered Private Placement announced July
2, 2008:

Number of Shares: 130,000 shares

Purchase Price: $0.50 per share

Warrants: 65,000 share purchase warrants to
purchase 65,000 shares

Warrant Exercise Price: $0.75 for an 18-month period

Number of Placees: 5 placees

Finder's Fee: Leede Financial Markets Inc. will
receive a finder's fee of $4,550.00

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. 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.

TSX-X
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CARDIOCOMM SOLUTIONS, INC. ("EKG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 8, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced June 26, 2008:

Number of Shares: 3,500,000 shares

Purchase Price: $0.10 per share

Warrants: 3,500,000 share purchase warrants to
purchase 3,500,000 shares

Warrant Exercise Price: $0.20 for a two year period

Number of Placees: 2 placees

Insider / Pro Group Participation:

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

MIDA Consulting Inc. Y 3,450,000
(Yakov Khitrov / Galina Langer)

Finder's Fee: N/A

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.

TSX-X
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FORAN MINING CORPORATION ("FOM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 8, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced August 6, 2008:

Number of Shares: 400,000 Units
(Each Unit consists of one common share
and one share purchase warrant.)

Purchase Price: $0.08 per Unit

Warrants: 400,000 share purchase warrants to
purchase 400,000 shares

Warrant Exercise Price: $0.10 for a period of two years

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).

TSX-X
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FRONSAC CAPITAL INC. ("GAZ")
(formerly Fronsac Capital Inc. ("GAZ.P"))
BULLETIN TYPE: Qualifying Transaction-Completed/ New Symbol, Private
Placement-Non-Brokered
BULLETIN DATE: August 8, 2008
TSX Venture Tier 2 Company

Qualifying Transaction
TSX Venture Exchange has accepted for filing the Company's Qualifying
Transaction described in its Information Circular dated July 4, 2008. As
a result, at the opening on Monday, August 11, 2008, the Company will no
longer be considered as a Capital Pool Company.

The Qualifying Transaction consists in the non-arm's length acquisition
of all the issued and outstanding units of La societe en commandite BCCGL
Richelieu-St-Hilaire ("BCCGL") through the issuance of 4,000,000 common
shares at a deemed issue price of $0.25 per share.

A total of 4,000,000 common shares issued to BCCGL's unitholders are
escrowed pursuant to an Exchange Tier 2 Value Escrow Agreement.

The Company is classified as "Real Estate and Rental Leasing" issuer
(NAICS Number: 53).

Insider / Pro Group Participation:

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

Sofinat Ltee
(Claire Jodoin Lassonde) Y 800,000
Investissement Grimard
(Martin Grimard) Y 800,000
Jacques Beaudry Y 800,000
Gestion Cholette Lefebvre SENC
(Michel Cholette) Y 800,000
Gestion Immobiliere MSC Inc.
(Richard Chicoine) Y 800,000

For further information, please refer to the Company's Information
Circular dated July 4, 2008 which is available on SEDAR.

Private Placement-Non-Brokered
TSX Venture Exchange has accepted for filing the documentation with
respect to a Non-Brokered Private Placement announced on May 6, 2008:

Number of Shares: 4,000,000 common shares

Purchase Price: $0.25 per common share

Number of Placees: 13 placees

Insider / Pro Group Participation:

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

Michel Cholette Y 133,334
Michel Lassonde Y 400,000
Jacques Beaudry Y 400,000
Richard Chicoine Y 400,000
Martin Grimard Y 200,000

A total of 1,800,000 common shares subscribed by Principals are escrowed
pursuant to an Exchange Tier 2 Value Escrow Agreement.

The Exchange has been advised that the Private Placement closed on August
5, 2008.

Effective at the opening on Monday, August 11, 2008, the trading symbol
for Fronsac Capital Inc. will change from "GAZ.P" to "GAZ. " There is no
change in the Company's name, no change in its CUSIP number and no
consolidation of capital.

Capitalization: Unlimited common shares with no par
value of which 11,240,000 common shares
are issued and outstanding
Escrow: 7,840,000 common shares of which
784,000 are released on the date of
this bulletin

Transfer Agent: CIBC Mellon Trust Company - Montreal &
Toronto
Trading Symbol: GAZ (new)
CUSIP Number: 35901R 10 6 (unchanged)

The Exchange has been advised that the above transactions have been
completed.

Company Contact: Mr. Michel Lassonde
Company Address: 3241, rue Principale
St-Jean baptiste de Rouville, Quebec,
J0L 2B0

Company Phone Number: (450) 973-4144
Company Fax Number: (450) 973-1127
Company e-mail: [email protected]

FRONSAC CAPITAL INC. (" GAZ ")
(anciennement Fronsac Capital Inc. ("GAZ.P"))
TYPE DE BULLETIN: Operation admissible - completee/Changement de symbole,
Placement prive sans l'entremise d'un courtier
DATE DU BULLETIN: Le 8 aout 2008
Societe du groupe 2 de TSX Croissance

Operation admissible
Bourse de croissance TSX a accepte le depot des documents de la societe
relativement a son operation admissible decrite dans la circulaire de
sollicitation de procurations de la direction datee du 4 juillet 2008.
Consequemment, a l'ouverture des marches, lundi, le 11 aout 2008, la
societe ne sera plus consideree comme une societe de capital de
demarrage.

L'operation admissible consiste en l'acquisition, aupres de parties ne
transigeant pas a distance avec la societe, de toutes les parts emises et
en circulation de La Societe en commandite BCCGL Richelieu-St-Hilaire
("BCCGL") par l'emission de 4 000 000 d'actions ordinaires de la societe
au prix repute de 0,25 $ par action.

Un total de 4 000 000 d'actions ordinaires emises aux detenteurs de parts
de BCCGL sont entiercees en vertu d'une convention de titres de valeurs
du groupe 2 de la Bourse.

La societe est categorisee dans le secteur " Services immobiliers et
services de location et de location a bail " (numero de SCIAN : 53).

Participation des inities/Groupe Pro:

Nom Initie egale Y / Nombre
Groupe Pro egale P / d'actions

Sofinat Ltee
(Claire Jodoin Lassonde) Y 800 000
Investissement Grimard
(Martin Grimard) Y 800 000
Jacques Beaudry Y 800 000
Gestion Cholette Lefebvre
SENC (Michel Cholette) Y 800 000
Gestion Immobiliere MSC Inc.
(Richard Chicoine) Y 800 000

Pour de plus amples renseignements, veuillez vous referer a la circulaire
de sollicitation de procurations de la direction datee du 4 juillet 2008,
qui est disponible sur SEDAR.

Placement prive sans l'entremise d'un courtier
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 6
mai 2008 :

Nombre d'actions: 4 000 000 d'actions ordinaires

Prix: 0,25 $ par action ordinaire

Nombre de souscripteurs: 13 souscripteurs

Participation des inities/Groupe Pro:

Nom Initie egale Y / Nombre
Groupe Pro egale P / d'actions

Michel Cholette Y 133 334
Michel Lassonde Y 400 000
Jacques Beaudry Y 400 000
Richard Chicoine Y 400 000
Martin Grimard Y 200 000

Un total de 1 800 000 actions ordinaires souscrites par les principaux
interesses sont entiercees en vertu d'une convention de titres de valeurs
du groupe 2 de la Bourse.

La Bourse a ete avisee que le placement prive a cloture le 5 aout 2008.

Le symbole de Fronsac Capital Inc. changera de "GAZ.P" a "GAZ" a
l'ouverture des marches lundi, le 11 aout 2008. Il y a ni changement de
denomination sociale de la societe, ni changement de numero CUSIP et
aucune consolidation du capital.

Capitalisation: Un nombre illimite d'actions ordinaires
sans valeur nominale dont 11 240 000
actions sont emises et en circulation

Actions entiercees: 7 840 000 actions ordinaires dont 784
000 actions ordinaires sont liberees a
la date de ce bulletin

Agent des transferts: Compagnie Trust CIBC Mellon - Montreal
& Toronto
Symbole au telescripteur: GAZ (Nouveau)
Numero de CUSIP: 35901R 10 6 (Inchange)

La Bourse a ete avisee que les operations precitees ont ete completees.

Contact de la societe: M. Michel Lassonde
Adresse de la societe: 3241, rue Principale
St-Jean baptiste de Rouville, Quebec,
J0L 2B0

Telephone de la societe: (450) 973-4144
Telecopieur de la societe: (450) 973-1127
Courriel de la societe: [email protected]

TSX-X
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FURY EXPLORATIONS LTD. ("FUR")
BULLETIN TYPE: Halt
BULLETIN DATE: August 8, 2008
TSX Venture Tier 2 Company

Effective at 6:00 a.m. PST, August 8, 2008, trading in the shares of the
Company was halted at the request of the Company, pending an
announcement; this regulatory halt is imposed by Investment Industry
Regulatory Organization of Canada, the Market Regulator of the Exchange
pursuant to the provisions of Section 10.9(1) of the Universal Market
Integrity Rules.

TSX-X
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HIGHGROUND CAPITAL CORP. ("HCC")
BULLETIN TYPE: Delist
BULLETIN DATE: August 8, 2008
TSX Venture Tier 1 Company

Effective at the close of business August 8, 2008, the common shares of
Highground Capital Corp. ("Highground") will be delisted from TSX Venture
Exchange. The delisting of Highground shares results from an Amalgamation
and Business Combination between Highground and Algonquin Power Income
Fund ("Algonquin") - a TSX listed company, whereby Highground has
amalgamated with a subsidiary of its manager and an Algonquin subsidiary,
resulting in each Highground shareholder receiving trust units of
Algonquin in exchange for Highground shares held on the basis of 0.9749
trust units for each Highground share held.

For further information, please refer to the Company's Information
Circular dated June 27, 2008, and the Company's news releases dated May
13, 2008 and August 1, 2008.

TSX-X
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HOUSTON LAKE MINING INC. ("HLM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 8, 2008
TSX Venture Tier 2 Company

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

Number of Shares: 1,333,333 Flow-Through Shares

Purchase Price: $0.60 per share

Warrants: 666,667 warrants to purchase 666,667
common shares

Exercise Price: $0.70 per share for a period of two
years

Number of Placees: 1 placee

No Insider / Pro Group Participation

Finder: MAK Allen & Day Capital Partners

Finder's Fee: $64,000 cash and 106,667 Broker
Warrants.

Each Broker Warrant is exercisable at a
price of $0.70 per share for a period
of two years

TSX-X
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HTN INC. ("HET")
BULLETIN TYPE: Shares for Debt, Amendment
BULLETIN DATE: August 8, 2008
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange Bulletin dated August 7, 2008, the
Exchange has accepted for filing the Company's proposal to issue
2,400,000 shares to settle outstanding debt for $120,000.

Number of Creditors: 1 Creditor

No Insider / Pro Group Participation

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

TSX-X
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INTERNATIONAL GOLD MINING LIMITED ("IGL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 8, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a joint venture agreement
between International Gold Mining Limited (the "Company") and Willibard
Kimaro (the "Vendor"), whereby the Company will a 90% interest in various
tenements in the Bahi swamp region of Tanzania. In consideration, the
Company will pay US $14,000, reimburse US $5,500 of past expenses, and
issue 900,000 shares to the Vendor. The Company will also have the right
to purchase the remaining 10% by the payment of US $250,000 at any time
and at its own discretion.

TSX-X
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LAGASCO CORP. ("LCO.H")
(formerly Lagasco Corp. ("LCO"))
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE: August 8, 2008
TSX Venture Tier 2 Company

In accordance with TSX Venture Policy 2.5, the Company has not maintained
the requirements for a TSX Venture Tier 2 company. Therefore, effective
the opening Monday, August 11, 2008, the Company's listing will transfer
to NEX, the Company's Tier classification will change from Tier 2 to NEX,
and the Filing and Service Office will change from Calgary to NEX.

As of August 11, 2008, the Company is subject to restrictions on share
issuances and certain types of payments as set out in the NEX policies.

The trading symbol for the Company will change from LCO to LCO.H. There
is no change in the Company's name, no change in its CUSIP number and no
consolidation of capital. The symbol extension differentiates NEX symbols
from Tier 1 or Tier 2 symbols within the TSX Venture market.

TSX-X
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MAYEN MINERALS LTD. ("MYM.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 8, 2008
TSX Venture Tier 2 Company

Effective at the opening August 11, 2008, shares of the Company will
resume trading.

The Company has advised the Exchange that the QT announced July 21, 2008
will not be proceeding, and the letter of intent dated effective July 11,
2008 (the "Letter of Intent") with Cuprus Mining Corporation ("Cuprus")
has been terminated.

For further information, please see the Company's news release, dated
August 7, 2008

TSX-X
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MEXIVADA MINING CORP. ("MNV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 8, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced August 6, 2008:

Number of Shares: 922,000 shares

Purchase Price: $0.55 per share

Warrants: 922,000 share purchase warrants to
purchase 922,000 shares

Warrant Exercise Price: $0.75 for an 18 month period

Number of Placees: 6 placees

Finder's Fee: $16,500 payable to Nelson 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. (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.)

TSX-X
-------------------------------------------------------------------------

MIDWAY GOLD CORP. ("MDW")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 8, 2008
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced May 30, 2008:

Number of Shares: 600,000 shares

Purchase Price: US$2.50 per share

Number of Placees: 1 placee

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.

TSX-X
-------------------------------------------------------------------------

ORO GOLD RESOURCES LTD. ("OGR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 8, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect
to the second tranche of a Non-Brokered Private Placement announced June
10, 2008 and July 10, 2008:

Number of Shares: 395,000 shares

Purchase Price: $0.55 per share

Warrants: 197,500 share purchase warrants to
purchase 197,500 shares

Warrant Exercise Price: $0.75 for a one year period
$1.00 in the second year

Number of Placees: 3 placees

Insider / Pro Group Participation:

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

Frank Powell Y 10,000
Robert Kendrick 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.

TSX-X
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RUNNING FOX RESOURCE CORP. ("RUN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 8, 2008
TSX Venture Tier 2 Company

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

Number of Shares: 550,000 common shares

Purchase Price: $0.40 per share

Warrants: 550,000 warrants to purchase 550,000
common shares

Exercise Price: $0.40 per share in the first year and
$0.50 per share in year two

Number of Placees: 6 placees

Insider / Pro Group Participation:

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

Jim Poepping Y 125,000
Kim Fredrich 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).

TSX-X
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SPORTSCENE GROUP INC. ("SPS.A")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: August 8, 2008
TSX Venture Tier 1 Company

TSX Venture Exchange (the "Exchange") has been advised that pursuant to a
Notice of Intention to make a Normal Course Issuer Bid dated August 8,
2008, the Company may repurchase for cancellation up to 210 267 class A
shares in its own capital stock, representing approximately 5% of the
Company's issued and outstanding common shares. The purchases are to be
made through the Exchange for the period starting August 14, 2008 to
August 13, 2009. Purchases pursuant to the bid will be made by CIBC World
Markets Inc. on behalf of the Company.

GROUPE SPORTSCENE INC. ("SPS.A")
TYPE DU BULLETIN: Offre de rachat dans le cours normal des activites
DATE DU BULLETIN: Le 8 aout 2008
Societe du groupe 1 de TSX Croissance

Bourse de croissance TSX (la "Bourse") a ete avisee qu'en vertu d'un avis
d'intention de proceder a une offre de rachat dans le cours normal des
activites date du 8 aout 2008, la societe peut racheter pour fin
d'annulation, jusqu'a 210 267 actions ordinaires de son capital,
representant approximativement 5 % des actions emises et en circulation
de la societe. Les achats seront effectues par l'entremise de la Bourse
durant la periode debutant le 14 aout 2008 et se terminant le 13 aout
2009. Les achats en vertu de l'offre seront effectues par le biais de
CIBC Marches mondiaux Inc.

TSX-X
-------------------------------------------------------------------------

STERLING RESOURCES LTD. ("SLG")
BULLETIN TYPE: Prospectus-Unit Offering
BULLETIN DATE: August 8, 2008
TSX Venture Tier 2 Company

Effective August 6, 2008, the Company's Prospectus dated July 25, 2008
was filed with and accepted by TSX Venture Exchange, and filed with and
receipted by the Alberta, Ontario, British Columbia, Saskatchewan and
Manitoba Securities Commissions, pursuant to the provisions of their
respective Securities Act.

TSX Venture Exchange has been advised that closing occurred on August 6,
2008, for gross proceeds of $25,000,200.

Agents: West Capital Markets Inc., Canaccord
Capital Corporation, Maison Placements
Canada Inc. and RBC Dominion Securities
Inc.

Offering: 9,804,000 units. Each unit consisting
of one common share and one half of one
common share purchase warrant.

Unit Price: $2.55 per unit

Warrant Exercise Price/Term: $3.25 per share to August 6, 2009.

Greenshoe Option: The Agent may over-allot the units in
connection with this offering and the
Company has granted to the Agent, an
option to purchase additional units
1,470,600 units, at $2.55 per unit, up
to 30 days after closing. Each unit
consisting of one common share and one
half of one common share purchase
warrant, with each whole warrant
entitles the holder to purchase one
common share at a price of $3.25 for a
period of one year. (This option has
been fully exercised)

TSX-X
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SVIT GOLD CORP. ("SDP")
(formerly Whistler Gold Corp. ("WGC"))
BULLETIN TYPE: Name Change
BULLETIN DATE: August 8, 2008
TSX Venture Tier 2 Company

Pursuant to a resolution passed by directors on July 23, 2008, the
Company has changed its name as follows. There is no consolidation of
capital.

Effective at the opening August 11, 2008, the common shares of Svit Gold
Corp. will commence trading on TSX Venture Exchange, and the common
shares of Whistler Gold Corp. will be delisted. The Company is classified
as a 'Junior Natural Resource' company.

Capitalization: Unlimited shares with no par value of
which 84,471,282 shares are issued and
outstanding
Escrow: Nil escrowed shares

Transfer Agent: Computer Share Trust Company of Canada
Trading Symbol: SDP (new)
CUSIP Number: 78487U 10 1 (new)

TSX-X
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THUNDERBIRD ENERGY CORPORATION ("TBD")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: August 8, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect
to a Brokered Private Placement announced June 4, 2008:

Number of Shares: 16,500,000 shares

Purchase Price: $0.20 per share

Warrants: 8,250,000 share purchase warrants to
purchase 8,250,000 shares

Warrant Exercise Price: $0.25 for a one year period

Number of Placees: 61 placees

Insider / Pro Group Participation:

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

Penson Financial Services
Canada Inc. (ITF K.
Andrew Gustajtis) P 250,000
Research Capital ITF
(Pasquale Di Capo) P 1,000,000
Scotia Capital ITF
(Deborah Bechtel) P 100,000
Haywood Securities ITF
(Scott Hunter) P 250,000
David Evans Y 1,250,000
Ironside Family Trust Y 1,250,000
Blackmont Capital ITF
(David Farrell) Y 250,000
Stephen Cheikes Y 250,000

Agent's Fee: D & D Securities Company
PowerOne Capital Markets Ltd.
$231,000 and 1,650,000 Agents Options

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.

TSX-X
-------------------------------------------------------------------------

TRANSFORMATIVE VENTURES LTD. ("TNV.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 8, 2008
TSX Venture Tier 2 Company

Effective at the open, August 11, 2008, trading in the Company's shares
shall resume.

The Company has advised the Exchange that the QT with Valens Pharma Ltd.
("Valens") will not be proceeding, and the Letter of Intent with Valens
has been terminated. The Company has issued a news release dated August
6, 2008 respective to this matter.

TSX-X
-------------------------------------------------------------------------

TRUE NORTH GEMS INC. ("TGX")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: August 8, 2008
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 July 7,
2008:

Number of Shares: 3,343,000 shares

Purchase Price: $0.30 per share

Warrants: 1,671,500 share purchase warrants to
purchase 1,671,500 shares

Warrant Exercise Price: $0.40 for a two year period. If, after
four months from closing, the shares of
the Company trade at $.75 or more for a
period of 10 consecutive days, the
Company may accelerate the expiry date
of the outstanding warrants.

Number of Placees: 40 placees

Insider / Pro Group Participation:

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

417006 Ontario Ltd.
(Angelo Comi, Mary Comi &
John Comi) P 45,000
Christine Cappuccitti P 35,000
Daryl Hodges P 100,000
Gary Hartwell P 33,500
John Comi P 30,000
Cadiam Investments Ltd.
(Nicholas Houghton) Y 165,000
David Lawson P 120,000
Diane Braxatoris P 35,000
Iron Mask Explorations Ltd.
(Andrew Lee Smith) Y 330,000
Greg Davison Y 130,000
Robert T. Boyd Y 35,000

Agent's Fee: $8,473.50, 205,765 agent's units and
234,010 agent's warrants payable to
Jennings Capital Inc. Each agent's unit
consists of one common share and 1/2 of
one non-transferable warrant on the
same terms as the above private
placement. Each agent's warrant is
exercisable into one common share for
two years at a price of $0.30 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.

TSX-X
-------------------------------------------------------------------------

WESTSTAR RESOURCES CORP. ("WER")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 8, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced June 16, 2008:

Number of Shares: 3,650,000 shares

Purchase Price: $0.12 per share

Warrants: 3,650,000 share purchase warrants to
purchase 3,650,000 shares

Warrant Exercise Price: $0.15 for a two year period

Number of Placees: 41 placees

Insider / Pro Group Participation:

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

David Kaiser P 30,000
Daniel Seiter P 25,000
Eric Groner P 100,000

Finder's Fee: $33,360 payable to Spectre Investments
Inc. (M.Townsend).

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.

TSX-X
-------------------------------------------------------------------------

ZIMTU CAPITAL CORP. ("ZC")
(formerly Flow Energy Ltd. ("FLO.P"))
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Name Change,
Private Placement-Brokered, Private Placement-Non-Brokered, Resume
Trading
BULLETIN DATE: August 8, 2008
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's Qualifying
Transaction described in its Filing Statement dated July 25, 2008. As a
result, at the opening on August 11, 2008, the Company will no longer be
considered a Capital Pool Company. The Qualifying Transaction includes
the following:

1. Acquisition of 755032 B.C. Ltd. ("BC Ltd.")
Pursuant to an Agreement in Priniciple dated November 19, 2007 as amended
on December 28, 2007, the Company acquired all of the issued and
outstanding shares of BC Ltd. in consideration of the issuance of
50,000,000 Special Warrants ("SW") from Petrol One Corp. ("Petrol One").
Each SW will convert into 1 share of the Company after a 4 month period.
For further information, please refer to the Company's Filing Statement
dated July 25, 2008.

2. Escrow Transfer
1,100,000 escrowed shares have been transferred to David Hodge and Shaun
Ledding at a price of $0.10 per share.

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

Number of Shares: 6,125,995 shares - Non-Brokered
4,166,663 shares - Brokered

Purchase Price: $0.12 per share

Warrants: 10,292,658 share purchase warrants to
purchase 10,292,658 shares

Warrant Exercise Price: $0.24 for a one year period

Number of Placees: 101 placees

Agent's Fee: 10% cash from the sale of 4,166,663
Units payable to Northern Securities
Inc.416,666 Agents warrants,
exercisable at $0.12 for a 12 month
period.

Insider / Pro Group Participation:

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

Balraj Mann Y 300,000
Caplan Capital corp. P 50,000
Dave Hodge Y 40,000
Li Zhu P 50,000
Trevor Perepolkin P 80,000
David Poggemiller P 208,333
Dawn Poggemiller P 100,000

The Exchange has been advised that the above transactions have been
completed.

4. Name Change
The Company has changed its name as follows. There is no consolidation of
capital.

Effective at the opening August 11, 2008, the common shares of Zimtu
Capital Corp. will commence trading on TSX Venture Exchange, and the
common shares of Flow Energy Ltd. will be delisted. The Company is
classified as "Investment Issuer".

Capitalization: Unlimited shares with no par value of
which 64,292,658 shares are issued and
outstanding (includes the SW)
Escrow: 11,384,596

Transfer Agent: Pacific Corporate Trust Company
Trading Symbol: ZC (new)
CUSIP Number: 989589 10 6 (new)

Company Contact: Dave Hodge
Company Address: #1450 - 789 West Pender Street
Vancouver, BC V6C 1H2

Company Phone Number: (604) 681-1568
Company Fax Number: (604) 681-8240
Company Email Address: [email protected]

TSX-X
-------------------------------------------------------------------------

 

For more information, please contact

TSX Venture Exchange
Market Services
(416) 947-4452
[email protected]

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