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TSX Venture Exchange Daily Bulletins - Apr 24 2009 5:51PM
Friday, April 24, 2009 5:51 PM


(Source: Canada Newswire)trackingVANCOUVER, April 24 /CNW/ -

TSX VENTURE COMPANIES

ADVITECH INC. ("AVI")

BULLETIN TYPE: Shares for Debt

BULLETIN DATE: April 24, 2009

TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 104,585,485 shares at a deemed price of $0.02 per share, to settle an outstanding debt of $2,091,709.89 to arm's length creditors.

Number of Creditors: 57 creditors

The Company has confirmed the closing of the Shares for Debt pursuant to a press release dated April 17, 2009.

ADVITECH INC. ("AVI")

TYPE DE BULLETIN : Emission d'actions en reglement d'une dette

DATE DU BULLETIN : Le 24 avril 2009

Societe du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepte le depot de la documentation de la societe en vertu de l'emission proposee de 104 585 485 actions au prix repute de 0,02 $ l'action, en reglement d'une dette de 2 091 709,89 $ a des creanciers n'ayant pas de lien de dependance avec la societe.

Nombre de creanciers : 57 creanciers

La societe a confirme la cloture de cette emission d'actions en reglement de dettes en vertu d'un communique de presse date du 17 avril 2009.

TSX-X

-------------------------------

AMATO EXPLORATION LTD. ("AMT")

BULLETIN TYPE: New Listing-IPO-Shares

BULLETIN DATE: April 24, 2009

TSX Venture Tier 2 Company

The Company's Initial Public Offering ('IPO') Prospectus dated April 6, 2009, has been filed with and accepted by TSX Venture Exchange Inc., and filed with and receipted by the British Columbia and Alberta Securities Commissions on April 8, 2009, pursuant to the provisions of the applicable Securities Acts.

The gross proceeds received by the Company for the Offering were $1,110,450 (3,701,500 common shares at $0.30 per share which includes 101,500 shares issued on the exercise of the Over- Allotment Option). The Company is classified as a 'Mining' company.

Commence Date: At the opening on Monday, April 27, 2009, the

common shares will commence trading on the TSX

Venture Exchange.

Corporate Jurisdiction: British Columbia

Capitalization: 100,000,000 common shares with no par value of

which

9,771,500 common shares are issued and

outstanding

Escrowed Shares: 3,848,500 common shares held by Principals of

the Company are subject to a 36-

month staged release escrow. An

additional 430,000 common shares

held by non-Principals will be

subject to a 4 month hold with 20%

released every month with the first

release occurring on closing of the

IPO pursuant to Exchange Seed Shares

Resale Rules.

Transfer Agent: Computershare Investor Services Inc.

Trading Symbol: AMT

CUSIP Number: 023116 10 6

Agent: Wolverton Securities Ltd.

Agent's Option: The Company has granted to the Agent an option

to acquire common shares in an amount equal to

8% of the number of common shares sold under the

IPO, being 296,120 Common Shares, at an exercise

price of $0.30 per common share for a period of

24 months from the date of listing of the common

shares.

Over-Allotment Option: The Company granted an option to the Agent,

exercisable until the closing of the IPO, to

purchase up to an additional 15% of the number

of common shares sold pursuant to the IPO at

$0.30 per share. The Agent exercised the Over-

Allotment Option to acquire a total of 101,500

common shares.

For further information, please refer to the Company's Prospectus dated April 6, 2009.

Company Contact: Melvin Reeves

Company Address: 1600 - 999 West Hastings Street

Vancouver, BC V6C 2W2

Company Phone Number: (604) 315-2559

Company Fax Number: (604) 684-1376

TSX-X

-------------------------------

AMERIX PRECIOUS METALS CORPORATION ("APM")

BULLETIN TYPE: Private Placement-Non-Brokered

BULLETIN DATE: April 24, 2009

TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 30, 2009:

Number of Shares: 24,392,500 shares

Purchase Price: $0.02 per share

Warrants: 24,392,500 share purchase warrants to purchase

24,392,500 shares

Warrant Exercise Price: 12,670,000 share purchase warrants exercisable

at a price of $0.05 until March 30, 2010.

11,722,500 share purchase warrants exercisable

at a price of $0.05 until April 16, 2010.

Number of Placees: 31 placees

Insider/Pro Group Participation:

Insider equals Y/

Name ProGroup equals P/ No. of Shares

William Whitehead Y 500,000

Daniel Hamilton Y 1,250,000

Jeffrey Reeder Y 4,335,000

Finder's Fee: An aggregate of $11,648 and 119,000 agents'

options payable to Coniston Investment Corp. and

Dehradun Financial Corp. Each option is

exercisable into one common share and one common

share purchase warrant at a price of $0.05 until

April 16, 2010. Each warrant is exercisable into

one common share at a price of $0.05 for a one

year period.

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).

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

-------------------------------

AVANTI MINING INC. ("AVT")

BULLETIN TYPE: Shares for Debt

BULLETIN DATE: April 24, 2009

TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 8,898,271 shares at a deemed price of $0.1063 per share to settle accrued interest for $945,675 (US$750,000).

Number of Creditors: 1 Creditor

Insider/Pro Group Participation:

Deemed

Insider equals Y/ Amount Price No. of

Creditor Progroup equals P Owing per Share Shares

Resource Capital

Fund IV L.P. Y $945,675 $0.1063 8,898,271

The Company is also obligated to issue 3,000,000 common shares pursuant to a condition of the outstanding Loan Agreement which requires the issuance in the event the loan remains outstanding and unpaid on April 13, 2009.

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

TSX-X

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CANACO RESOURCES INC. ("CAN")

BULLETIN TYPE: Property-Asset or Share Disposition Agreement

BULLETIN DATE: April 24, 2009

TSX Venture Tier 2 Company

TSX Venture Exchange Inc. has accepted for filing a letter agreement between Canaco Resources Inc. (the "Company") and Candente Resource Corp. ("Candente") dated April 1, 2009 and accepted April 6, 2009 (the "Agreement"). Under the Agreement, the Company and Candente have agreed to incorporate a new British Columbia company ("Newco") and sell to Newco all of their respective interests in the El Oro gold-silver property located in central Mexico. The Company and Candente together have an option to acquire a 70% interest in the El Oro property, held through Minera CCM SA de CV ("Minera"), a company owned 50% by Canaco Resources (BC) Inc. ("Canaco Subco"), a wholly-owned subsidiary of the Company, and 50% owned by Candente Mexico Resource Corp. ("Candente Subco"), a wholly-owned subsidiary of Candente. Newco will acquire all of the shares of Canaco Subco and Candente Subco in consideration of:

1. the issuance to each of the Company and Candente of a promissory note

in the principal sum equal to the total amount of outstanding loans

owed to the Company and Candente, respectively, by Minera. The

Company and Candente may each elect to convert all or a portion of

their respective promissory notes into common shares of Newco at a

deemed price per share to be determined at the time of conversion;

2. the issuance of 5,000,000 common shares of Newco to each of the

Company and Candente; and

3. payment to each of the Company and Candente of a sum (the "Payment

Amount") equal to the difference between the amount of the promissory

note referred to above and $1,300,000, payable at the election of the

Company and Candente, respectively, by the issuance of redeemable

Class 'A' preferred shares of Newco with a redemption amount equal to

the Payment Amount.

For further information please see the Company's news release dated April 14, 2009 which is available under the Company's profile on SEDAR.

Insider/Pro Group Participation: Andrew Lee Smith is a director of both the Company and Candente.

TSX-X

-------------------------------

CELESTE COPPER CORPORATION ("C")

BULLETIN TYPE: Warrant Term Extension

BULLETIN DATE: April 24, 2009

TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:

No. of Warrants: 3,290,000

Original Expiry Date of Warrants: 500,000 on April 27, 2009 and

2,790,000 on May 2, 2009

New Expiry Date of Warrants: April 27, 2010, May 2, 2010

Exercise Price of Warrants: $0.15

TSX-X

-------------------------------

DEREK OIL & GAS CORPORATION ("DRK")

BULLETIN TYPE: Private Placement-Non-Brokered

BULLETIN DATE: April 24, 2009

TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 20, 2009:

Number of Shares: 1,065,000 shares

Purchase Price: $0.10 per share

Warrants: 1,065,000 share purchase warrants to purchase

1,065,000 shares

Warrant Exercise Price: $0.10 for a five year period

Number of Placees: 5 placees

Insider/Pro Group Participation:

Insider equals Y/

Name ProGroup equals P/ No. of Shares

Greg Amor Y 250,000

Brent Ehrl Y 65,000

Barry C.J. Ehrl Y 400,000

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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EGX GROUP INC. ("EGX")

BULLETIN TYPE: Halt

BULLETIN DATE: April 24, 2009

TSX Venture Tier 2 Company

Effective at the open, April 24, 2009, trading in the shares of the Company was halted, transfer agent services suspended; 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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GEODEX MINERALS LTD. ("GXM")

BULLETIN TYPE: Property-Asset or Share Purchase Agreement

BULLETIN DATE: April 24, 2009

TSX Venture Tier 2 Company

TSX Venture Exchange (the "Exchange") has accepted for filing documentation pertaining to a property option agreement between Geodex Minerals Ltd. (the "Company"), Southfield Resources Ltd. and Campfire Resources Ltd. (collectively the "Vendors"), whereby the Company has the option to earn up to a 90% interest in 63 claims comprising the Flume Ridge property located in Charlotte County, New Brunswick.




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