TSX Venture Exchange Closing Summary for May 16, 2008

The following report is available on tsx.com at the following web page:

http://www.tsx.com/en/news_events/media_kit.html

Trading was very heavy on a volume of 223.4 million shares worth 187.2 million dollars.

There were 479 advances, 348 declines and 551 issues unchanged.

The S&P/TSX Venture Composite Index closed up 35.24 at 2611.32

Most Active Issues by Volume

Volume       Name                              Symbol     Close     Change

20,246,446   WesternZagros Resources Ltd          WZR    $2.650     $0.200
17,388,836   Petrolympic Ltd                      PCQ    $0.860     $0.260
9,073,663    North American Gem Inc.              NAG    $0.265     $0.030
5,528,700    Cloudbreak Resources Ltd.            CDB    $0.075    -$0.010
5,460,900    OMT Inc.                             OMT    $0.070     $0.050
3,910,784    Falcon Oil & Gas Ltd                  FO    $1.130     $0.050
3,602,300    Yukon Zinc Corporation               YZC    $0.215     $0.000
3,475,143    TrueStar Petroleum Corporation       TPC    $0.030     $0.005
3,120,459    Western Potash Corp                  WPX    $1.390    -$0.020
2,773,645    Canadian Imperial Venture Corp.      CQV    $0.170     $0.000


Most Active Securities by Value

Value        Security Name                     Symbol     Close     Change

$49,461,068  WesternZagros Resources Ltd          WZR    $2.650     $0.200
$13,894,676  Petrolympic Ltd                      PCQ    $0.860     $0.260
$9,123,471   Anglo Potash Ltd                     AGP    $8.060     $0.000
$4,493,100   Western Potash Corp                  WPX    $1.390    -$0.020
$4,388,350   Falcon Oil & Gas Ltd                  FO    $1.130     $0.050
$4,178,002   Gastem Inc.                          GMR    $3.100     $0.430
$3,799,504   Hathor Exploration Limited           HAT    $2.760     $0.160
$3,752,018   Solana Resources Limited             SOR    $4.270     $0.220
$3,673,605   Pearl Exploration And 
              Production Ltd                      PXX    $2.350     $0.050
$2,888,395   Energold Drilling Corp.              EGD    $5.000     $0.350

NEX Closing Summary for May 16, 2008

Trading was very heavy on a volume of 4.63 million shares worth 0.37 million dollars.

There were 7 advances, 4 declines and 20 issues unchanged.

Most Active Issues by Volume

Volume       Name                              Symbol     Close     Change

2,854,700    Biomerge Industries Ltd            BIL.H    $0.020     $0.010
416,000      Gold Star Resources Corp.          GXX.H    $0.370     $0.050
400,000      Winfield Resources Limited         WWF.H    $0.130    -$0.005
309,000      Golden Hat Resources Inc.          GHA.H    $0.030     $0.010
190,000      Moneta Resources Inc               MOT.H    $0.135     $0.035
110,000      Kadywood Capital Corp              KDC.H    $0.540     $0.020
71,500       Sharpe Resources Corp              SHO.H    $0.190    -$0.005
36,100       Specialty Foods Group
              Income Fund Tr                 HAM.UN.H    $0.025    -$0.005
30,500       BHR Buffalo Head Resources Ltd.    BHR.H    $0.120     $0.000
30,142       Sky Ridge Resources Ltd            SYR.H    $0.430     $0.030


Most Active Securities by Value

Value        Security Name                     Symbol     Close     Change

$150,580     Gold Star Resources Corp.          GXX.H    $0.370     $0.050
$57,460      Kadywood Capital Corp              KDC.H    $0.540     $0.020
$50,555      Winfield Resources Limited         WWF.H    $0.130    -$0.005
$35,829      Biomerge Industries Ltd            BIL.H    $0.020     $0.010
$19,525      Moneta Resources Inc               MOT.H    $0.135     $0.035
$14,643      Sharpe Resources Corp              SHO.H    $0.190    -$0.005
$12,841      Sky Ridge Resources Ltd            SYR.H    $0.430     $0.030
$9,270       Golden Hat Resources Inc.          GHA.H    $0.030     $0.010
$4,155       Royce Resources Corp.              ROY.H    $0.200     $0.000
$3,955       BHR Buffalo Head Resources Ltd.    BHR.H    $0.120     $0.000

NOTE: This document is for information purposes only and is not an invitation to purchase any securities listed on TSX Venture Exchange and/or NEX. While the information herein is collected and compiled with care, neither TSX Venture Exchange Inc., TSX Inc. nor any of their respective affiliated companies represents, warrants or guarantees the accuracy or the completeness of the information. This information is provided with the express condition, to which by purchasing or making use thereof you expressly consent, that no liability shall be incurred by TSX Venture Exchange Inc., TSX Inc. and/or any of its affiliates as a result of any use or reliance upon this information.

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