Century Mining Corporation (CMM: TSX-V) announced today that it has entered into a term sheet dated September 12, 2008 with U.K.-based Trafalgar Capital Specialized Investment Fund, FIS, pursuant to which Trafalgar will provide to Century a bridge loan of up to $3.5 million, to be evidenced by a redeemable secured convertible note.

Ranaz Corporation (TSX-V: RNZ), a company specialized in the manufacturing and marketing of protein and dietary supplements, is pleased to announce the closing of a $1.8 million private placement by institutional funds.

Tamerlane Ventures Inc. (TAM: TSX-V) announces today that, subject to regulatory approval, the Company has closed a non-brokered private placement of 2,877,778 Flow-Through Units at a subscription price of C$0.45 per Flow-Through Unit for gross proceeds of C$1,295,000. Each Unit comprised one Common Share and One-Half of One Common Share Purchase Warrant.

Neptune Technologies & Bioressources Inc. (NASDAQ.NEPT - TSX.V.NTB) announced today that it has entered into a new financing arrangement with Desjardins Group, which will provide the Company with up to $8.5 million in financing. The Company expects the funds to used to improve productivity and increase production capacity in order to meet the currently rapidly growing demand for its products.

Ruby Red Resources Inc. is pleased to announce that it has completed its previously announced non-brokered private placement of units of Ruby Red to the MineralFields Group. An aggregate of 2,500,000 Units were issued at a price of $0.20 per Unit for gross proceeds of $500,000.

Great Western Minerals Group Ltd. is pleased to announce that it has closed its previously announced private placement financing. The Company issued 8,790,000 common shares in the capital of the Company on a flow-through basis pursuant to the Income Tax Act (Canada) at price of $0.25 per Flow-Through Share for aggregate gross proceeds of $2,197,500.

Biosign Technologies Inc. (CNQ: BIOS) announces it has arranged a best-efforts, non-brokered private placement to raise gross proceeds of $2 million to be led by Avro Capital Corp. and Global Securities Corporation.

Golden Band Resources Inc. (GBN: TSXV) announced today that it will complete a non-brokered private placement of up to 7,500,000 units at a price of $0.20 per Unit for gross proceeds of up to $1,500,000.

Firm Capital Mortgage Investment Trust (TSX:FC.UN) announced today that it has entered into agreements for the purchase, on a private placement basis, subject to approval of the Toronto Stock Exchange, of 724,120 trust units of the Trust at a price of $10.25 per trust unit, for total gross proceeds of approximately $7.4 million.

Neotel International Inc. announced today that a non-brokered Convertible Secured Debenture to raise gross proceeds of $400,000 has closed. The Debentures will be governed by debenture certificates to be dated as of the closing date, August 22, 2008, and will not be listed for trading on the TSX Venture Exchange or any other public market.

The Wall Street Journal has a front page story on the amount of floating-rate notes that banks will have to rollover within the next few years. According to a JP Morgan analyst, financial institutions will have to pay off $787 billion in notes before the end of 2009.

Tamerlane Ventures Inc. (TAM: TSX-V) announces today that, subject to regulatory approval, the Company has closed a non-brokered private placement of 500,000 Flow-Through Units at a subscription price of C$0.60 per Flow-Through Unit for gross proceeds of C$300,000. Each Unit comprised one Common Share and One-Half of One Common Share Purchase Warrant.