CROSS LAKE MINERAL (ZBLFF)

[NYBob]

Cross Lake Minerals (TSE:CRN) = (ZBLFF) -

bottom lines;
cleaned out 99.99% complete by the banks receivers -
USSR's red copycats =
ZBLFF left to old shareholders of the
newest BC's, Canada; biggest gold mill company -
Current Price
Volume:
Bid Ask Day's Range
ZBLFF Detailed Quote Wiki

Procon Completes Investment in Cross Lake
VANCOUVER, BRITISH COLUMBIA, Jun 1, 2009
(Marketwire via COMTEX) --

Procon Mining and Tunnelling Ltd.
("Procon") of Suite 108 - 4664 Lougheed Highway, Burnaby,
British Columbia, V5C 5T5 reports its recent acquisition
of securities in 0373849 B.C. Ltd.
(formerly Cross Lake Minerals Ltd.)
(the "Company") at a purchase price of $1,650,000.

Pursuant to the amended and restated plan of compromise and
arrangement (the "Plan") filed by the Company on
May 21, 2009 pursuant to the Companies'
Creditors Arrangement Act ("CCAA") and
the British Columbia Business Corporations Act,
the investment agreement between Procon and
the Company dated April 3, 2009 as amended on May 7, 2009 and
upon conversion of a non-interest bearing loan of $1,650,000
to the Company (the "Loan"), on June 1, 2009
Procon acquired from the Company ownership of 56,885,026
common shares and 695,135,018,831 non-voting shares of
the Company.
Each common share and non-voting share was issued at
a price of $0.0000023734453621304 per share.
Procon acquired the common shares and non-voting shares
of the Company for investment purposes.

As a result of the acquisition of the shares, Procon
now owns 56,885,026 common shares and 695,135,018,831
non-voting shares of the Company representing
approximately 45% of the (voting) common shares and
100% of the non-voting shares of the Company,
providing Procon with the ownership of 99.99% of
the total equity of the Company.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information.

SOURCE: Procon Mining and Tunnelling Ltd.

International Wayside Gold Mines Ltd.: Court Approves Cross Lake Plan of Arrangement Including Proposed QR Mine & Mill (900 tpd) Acquisition

VANCOUVER, BRITISH COLUMBIA, May 28, 2009 (MARKETWIRE via COMTEX) -- International Wayside Gold Mines Ltd. ("Wayside") (TSX VENTURE: WYG)(FRANKFURT: IWUB) is pleased to announce further to News Release 09-09 dated May 19, 2009, that as previously stated, the creditors of Cross Lake Minerals Ltd.("Cross Lake") approved an amended and restated plan of compromise and arrangement (the "Plan"), which amended, in a number of technical respects, the plan of compromise and arrangement filed on April 7, 2009 pursuant to the Companies' Creditors Arrangement Act and B.C. Business Corporations Act.

On May 25, 2009, the British Columbia Supreme Court issued the final order to approve the Plan, which among other things, allows for a subsidiary of Cross Lake to hold all of Cross Lake's interest in the QR Mine and Mill (the "QR Subco"). Wayside intends to proceed to enter into an agreement ("the Agreement") first announced on February 04, 2009 and updated April 9, 2009 whereby Wayside will purchase the QR Subco. Completion of the Agreement is subject to the satisfaction of a number of conditions including, but not limited to, completion of due diligence and obtaining the necessary shareholder, regulatory and Court approvals.

The 900 tonne per day QR Mill, which was fully operational until February 2009 (now on care and maintenance), is a CIP mill designed for an output of 70,000 ounces of gold per annum for that location. The mill is located 110 km by road from Wayside's Cariboo Gold Project and proposed Bonanza Ledge Mine. Following a positive feasibility study in 1994, Kinross Gold Corp. constructed the QR Mill with capital costs estimated at over $40 million.

Cross Lake commenced operations at the QR Mine in 2007 -

- after spending over $34 million in the preceding 24 months

- on project acquisition ($4.3 million),

- exploration & development ($20 million)

- and refurbishing the mill facilities ($10.3).

- Cross Lake expended an additional $3 million on asset
retirement obligations, including having BC Hydro
bring three phase power to the project.

It is Wayside's objective to process material from its proposed Bonanza Ledge Mine at the QR Mill, in addition to recommencing operations at the QR Mine.

The Company initiated operations in the Cariboo District in 1994 and since that time has focused on the exploration and development of its gold properties. Mineral tenures in the Historic Cariboo Goldfields encompass approximately 1,065 square km (106,484 hectares) over a 60 km long by 20 km wide belt. In the Barkerville Gold Camp, 101 creeks have reported placer gold production. Recorded gold production from the area totals more than 3.8 million ounces, including an estimated 2.64 million ounces from placer mining and 1.23 million ounces from lode mining.

ON BEHALF OF THE BOARD OF DIRECTORS

J. Frank Callaghan, President and CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
International Wayside Gold Mines Ltd.
Andrew H. Rees
Director
604-669-6463 or Toll Free: 1-800-663-9688
604-669-3041 (FAX)
www.wayside-gold.com


SOURCE: International Wayside Gold Mines Ltd.

CONTACT: http://www.wayside-gold.com

[NYBob]

Cross Lake Minerals (TSE:CRN) = (ZBLFF) -

bottom lines;
cleaned out 99.99% complete by the banks receivers -
USSR's red copycats =
ZBLFF left to old shareholders of the
newest BC's, Canada; biggest gold mill company -
Current Price
Volume:
Bid Ask Day's Range
ZBLFF Detailed Quote Wiki

Procon Completes Investment in Cross Lake
VANCOUVER, BRITISH COLUMBIA, Jun 1, 2009
(Marketwire via COMTEX) --

Procon Mining and Tunnelling Ltd.
("Procon") of Suite 108 - 4664 Lougheed Highway, Burnaby,
British Columbia, V5C 5T5 reports its recent acquisition
of securities in 0373849 B.C. Ltd.
(formerly Cross Lake Minerals Ltd.)
(the "Company") at a purchase price of $1,650,000.

Pursuant to the amended and restated plan of compromise and
arrangement (the "Plan") filed by the Company on
May 21, 2009 pursuant to the Companies'
Creditors Arrangement Act ("CCAA") and
the British Columbia Business Corporations Act,
the investment agreement between Procon and
the Company dated April 3, 2009 as amended on May 7, 2009 and
upon conversion of a non-interest bearing loan of $1,650,000
to the Company (the "Loan"), on June 1, 2009
Procon acquired from the Company ownership of 56,885,026
common shares and 695,135,018,831 non-voting shares of
the Company.
Each common share and non-voting share was issued at
a price of $0.0000023734453621304 per share.
Procon acquired the common shares and non-voting shares
of the Company for investment purposes.

As a result of the acquisition of the shares, Procon
now owns 56,885,026 common shares and 695,135,018,831
non-voting shares of the Company representing
approximately 45% of the (voting) common shares and
100% of the non-voting shares of the Company,
providing Procon with the ownership of 99.99% of
the total equity of the Company.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information.

SOURCE: Procon Mining and Tunnelling Ltd.

International Wayside Gold Mines Ltd.: Court Approves Cross Lake Plan of Arrangement Including Proposed QR Mine & Mill (900 tpd) Acquisition

VANCOUVER, BRITISH COLUMBIA, May 28, 2009 (MARKETWIRE via COMTEX) -- International Wayside Gold Mines Ltd. ("Wayside") (TSX VENTURE: WYG)(FRANKFURT: IWUB) is pleased to announce further to News Release 09-09 dated May 19, 2009, that as previously stated, the creditors of Cross Lake Minerals Ltd.("Cross Lake") approved an amended and restated plan of compromise and arrangement (the "Plan"), which amended, in a number of technical respects, the plan of compromise and arrangement filed on April 7, 2009 pursuant to the Companies' Creditors Arrangement Act and B.C. Business Corporations Act.

On May 25, 2009, the British Columbia Supreme Court issued the final order to approve the Plan, which among other things, allows for a subsidiary of Cross Lake to hold all of Cross Lake's interest in the QR Mine and Mill (the "QR Subco"). Wayside intends to proceed to enter into an agreement ("the Agreement") first announced on February 04, 2009 and updated April 9, 2009 whereby Wayside will purchase the QR Subco. Completion of the Agreement is subject to the satisfaction of a number of conditions including, but not limited to, completion of due diligence and obtaining the necessary shareholder, regulatory and Court approvals.

The 900 tonne per day QR Mill, which was fully operational until February 2009 (now on care and maintenance), is a CIP mill designed for an output of 70,000 ounces of gold per annum for that location. The mill is located 110 km by road from Wayside's Cariboo Gold Project and proposed Bonanza Ledge Mine. Following a positive feasibility study in 1994, Kinross Gold Corp. constructed the QR Mill with capital costs estimated at over $40 million.

Cross Lake commenced operations at the QR Mine in 2007 -

- after spending over $34 million in the preceding 24 months

- on project acquisition ($4.3 million),

- exploration & development ($20 million)

- and refurbishing the mill facilities ($10.3).

- Cross Lake expended an additional $3 million on asset
retirement obligations, including having BC Hydro
bring three phase power to the project.

It is Wayside's objective to process material from its proposed Bonanza Ledge Mine at the QR Mill, in addition to recommencing operations at the QR Mine.

The Company initiated operations in the Cariboo District in 1994 and since that time has focused on the exploration and development of its gold properties. Mineral tenures in the Historic Cariboo Goldfields encompass approximately 1,065 square km (106,484 hectares) over a 60 km long by 20 km wide belt. In the Barkerville Gold Camp, 101 creeks have reported placer gold production. Recorded gold production from the area totals more than 3.8 million ounces, including an estimated 2.64 million ounces from placer mining and 1.23 million ounces from lode mining.

ON BEHALF OF THE BOARD OF DIRECTORS

J. Frank Callaghan, President and CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
International Wayside Gold Mines Ltd.
Andrew H. Rees
Director
604-669-6463 or Toll Free: 1-800-663-9688
604-669-3041 (FAX)
www.wayside-gold.com


SOURCE: International Wayside Gold Mines Ltd.

CONTACT: http://www.wayside-gold.com

[NYBob]

Cross Lake Minerals (TSE:CRN) = (ZBLFF) -

bottom lines;
cleaned out 99.99% complete by the banks receivers -
USSR's red copycats =
ZBLFF left to old shareholders of the
newest BC's, Canada; biggest gold mill company -
Current Price
Volume:
Bid Ask Day's Range
ZBLFF Detailed Quote Wiki

Procon Completes Investment in Cross Lake
VANCOUVER, BRITISH COLUMBIA, Jun 1, 2009
(Marketwire via COMTEX) --

Procon Mining and Tunnelling Ltd.
("Procon") of Suite 108 - 4664 Lougheed Highway, Burnaby,
British Columbia, V5C 5T5 reports its recent acquisition
of securities in 0373849 B.C. Ltd.
(formerly Cross Lake Minerals Ltd.)
(the "Company") at a purchase price of $1,650,000.

Pursuant to the amended and restated plan of compromise and
arrangement (the "Plan") filed by the Company on
May 21, 2009 pursuant to the Companies'
Creditors Arrangement Act ("CCAA") and
the British Columbia Business Corporations Act,
the investment agreement between Procon and
the Company dated April 3, 2009 as amended on May 7, 2009 and
upon conversion of a non-interest bearing loan of $1,650,000
to the Company (the "Loan"), on June 1, 2009
Procon acquired from the Company ownership of 56,885,026
common shares and 695,135,018,831 non-voting shares of
the Company.
Each common share and non-voting share was issued at
a price of $0.0000023734453621304 per share.
Procon acquired the common shares and non-voting shares
of the Company for investment purposes.

As a result of the acquisition of the shares, Procon
now owns 56,885,026 common shares and 695,135,018,831
non-voting shares of the Company representing
approximately 45% of the (voting) common shares and
100% of the non-voting shares of the Company,
providing Procon with the ownership of 99.99% of
the total equity of the Company.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information.

SOURCE: Procon Mining and Tunnelling Ltd.

International Wayside Gold Mines Ltd.: Court Approves Cross Lake Plan of Arrangement Including Proposed QR Mine & Mill (900 tpd) Acquisition

VANCOUVER, BRITISH COLUMBIA, May 28, 2009 (MARKETWIRE via COMTEX) -- International Wayside Gold Mines Ltd. ("Wayside") (TSX VENTURE: WYG)(FRANKFURT: IWUB) is pleased to announce further to News Release 09-09 dated May 19, 2009, that as previously stated, the creditors of Cross Lake Minerals Ltd.("Cross Lake") approved an amended and restated plan of compromise and arrangement (the "Plan"), which amended, in a number of technical respects, the plan of compromise and arrangement filed on April 7, 2009 pursuant to the Companies' Creditors Arrangement Act and B.C. Business Corporations Act.

On May 25, 2009, the British Columbia Supreme Court issued the final order to approve the Plan, which among other things, allows for a subsidiary of Cross Lake to hold all of Cross Lake's interest in the QR Mine and Mill (the "QR Subco"). Wayside intends to proceed to enter into an agreement ("the Agreement") first announced on February 04, 2009 and updated April 9, 2009 whereby Wayside will purchase the QR Subco. Completion of the Agreement is subject to the satisfaction of a number of conditions including, but not limited to, completion of due diligence and obtaining the necessary shareholder, regulatory and Court approvals.

The 900 tonne per day QR Mill, which was fully operational until February 2009 (now on care and maintenance), is a CIP mill designed for an output of 70,000 ounces of gold per annum for that location. The mill is located 110 km by road from Wayside's Cariboo Gold Project and proposed Bonanza Ledge Mine. Following a positive feasibility study in 1994, Kinross Gold Corp. constructed the QR Mill with capital costs estimated at over $40 million.

Cross Lake commenced operations at the QR Mine in 2007 -

- after spending over $34 million in the preceding 24 months

- on project acquisition ($4.3 million),

- exploration & development ($20 million)

- and refurbishing the mill facilities ($10.3).

- Cross Lake expended an additional $3 million on asset
retirement obligations, including having BC Hydro
bring three phase power to the project.

It is Wayside's objective to process material from its proposed Bonanza Ledge Mine at the QR Mill, in addition to recommencing operations at the QR Mine.

The Company initiated operations in the Cariboo District in 1994 and since that time has focused on the exploration and development of its gold properties. Mineral tenures in the Historic Cariboo Goldfields encompass approximately 1,065 square km (106,484 hectares) over a 60 km long by 20 km wide belt. In the Barkerville Gold Camp, 101 creeks have reported placer gold production. Recorded gold production from the area totals more than 3.8 million ounces, including an estimated 2.64 million ounces from placer mining and 1.23 million ounces from lode mining.

ON BEHALF OF THE BOARD OF DIRECTORS

J. Frank Callaghan, President and CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
International Wayside Gold Mines Ltd.
Andrew H. Rees
Director
604-669-6463 or Toll Free: 1-800-663-9688
604-669-3041 (FAX)
www.wayside-gold.com


SOURCE: International Wayside Gold Mines Ltd.

CONTACT: http://www.wayside-gold.com

[NYBob]

ZBLFF
Current Price
Volume:
Bid Ask Day's Range
ZBLFF Detailed Quote Wiki

[NYBob]

ZBLFF
Current Price
Volume:
Bid Ask Day's Range
ZBLFF Detailed Quote Wiki

[NYBob]

ZBLFF
Current Price
Volume:
Bid Ask Day's Range
ZBLFF Detailed Quote Wiki

[NYBob]

ZBLFF
Current Price
Volume:
Bid Ask Day's Range
ZBLFF Detailed Quote Wiki

[NYBob]

037389 Bc (GM) (ZBLFF)
0.0001 ? 0.0 (0.00%)
Volume: 0 @- ET
Bid Ask Day's Range
- - - - -
ZBLFF Detailed Quote Wiki

[NYBob]

037389 Bc (GM) (ZBLFF)
0.0001 ? 0.0 (0.00%)
Volume: 0 @- ET
Bid Ask Day's Range
- - - - -
ZBLFF Detailed Quote Wiki

[NYBob]

037389 Bc (GM) (ZBLFF)
0.0001 ? 0.0 (0.00%)
Volume: 0 @- ET
Bid Ask Day's Range
- - - - -

[NYBob]

037389 Bc (GM) (ZBLFF)
0.0001 ? 0.0 (0.00%)
Volume: 0 @- ET
Bid Ask Day's Range
- - - - -
ZBLFF Detailed Quote Wiki

[NYBob]

037389 Bc (GM) (ZBLFF)
0.0001 ? 0.0 (0.00%)
Volume: 0 @- ET
Bid Ask Day's Range
- - - - -
ZBLFF Detailed Quote

[NYBob]

037389 Bc (GM) (ZBLFF)
0.0001 ? 0.0 (0.00%)
Volume: -
Bid Ask Day's Range
- - - - -
ZBLFF Detailed Quote

[NYBob]

0373849 BC Ltd (ZBLFF)
0.0001 ? 0.0 (0.00%)
Volume: -
Bid Ask Day's Range
- - - - -
ZBLFF Detailed Quote

[NYBob]

0373849 BC Ltd (ZBLFF)(FORMERLY CROSS LAKE MINERALS LTD.)
0.0001 ? 0.0 (0.00%)
Volume: -
Bid Ask Day's Range
- - - - -
ZBLFF Detailed Quote

[NYBob]

0373849 B.C. LTD.

(FORMERLY CROSS LAKE MINERALS LTD.)

On Oct 14th 2009 Cross Lake Minerals ("the Company") made an application under the Companies' Creditors Arrangement Act ("CCAA") and an Order was granted by the B.C. Superior Court of Justice (the "CCAA Order") providing, among other things, a stay of proceedings against the Companies. PricewaterhouseCoopers Inc was appointed as monitor ("the Monitor") at that time.

On June 1, 2009 – 0373849 B.C. Ltd. completed the restructuring transactions provided for in the amended and restated plan of compromise and arrangement (the “Plan”) filed by the Company on May 21, 2009 pursuant to the Companies’ Creditors Arrangement Act (“CCAA”) and the British Columbia Business Corporations Act. Pursuant to the Plan of Arrangement:

1. All of the claims of the company’s secured and unsecured creditors have been settled and released for payments by the Company totalling $1,238,000 other than claims relating to certain secured debt held by Procon, in the aggregate principal amount of approximately $6,250,000 and the debts and liabilities transferred to the Company’s subsidiaries pursuant to the Plan;

2. Procon Mining and Tunnelling Ltd. (“Procon”) has made a non-interest bearing loan of $1,650,000 to the Company (the “Loan”);

3. The Company’s interest in the Porcher Island joint venture and certain related assets, obligations and liabilities have been transferred to a wholly-owned subsidiary, 0847420 B.C. Ltd., in exchange for shares of that subsidiary and a 2% net profit royalty in respect of the Porcher Island property;

4. The Company’s interest in the QR Mine and Mill and certain related assets, obligations and liabilities have been transferred to a second wholly-owned subsidiary, 0847423 B.C. Ltd., in exchange for shares of that subsidiary and a 2% net profit royalty in respect of the QR Mine and Mill;

5. The Company’s other mineral properties and certain related assets, obligations and liabilities have been transferred to a third wholly-owned subsidiary, 0847427 B.C. Ltd., in exchange for shares of that subsidiary;

6. The Company has been released from any and all responsibility for the liabilities and obligations transferred to its subsidiaries pursuant to the Plan;

7. The authorized share capital of the Company has been increased by creating an unlimited number of non-voting shares and an unlimited number of preferred shares, issuable in series;

8. All outstanding stock options of the Company have been cancelled;

9. The Loan has been converted into 56,885,026 common shares of the Company and 695,135,018.831 non voting shares of the Company, such that Procon now holds 45% of the (voting) common shares of the Company and 100% of the non-voting shares of the Company, providing Procon with the ownership of 99.99% of the total equity of the Company;

10. PricewaterhouseCoopers LLP has been appointed as auditor of the Company;

11. The Company’s name has changed to “0373849 B.C. Ltd.”; and

12. The stay of proceedings imposed on the Company by order of the Court under the CCAA was be lifted on June 3, 2009 and the Company is no longer be Subject to the CCAA.

Materials and information relating to the period before June 1, 2009 (including Monitor Reports) can be found on the PWC website at: http://www.pwc.com/ca/eng/about/svcs/brs/tahera.html

If you have any investor inquiries please email us at [e-mail]

http://www.pwc.com/ca/en/car/crosslake/index.jhtml

http://investing.businessweek.com/research/stocks/snapshot/historical.asp?ric=ZBLFF.PK

[kozuh]

NYBob, re: CRN.to ... ???

Please explain the significance of your posts ???

I do not understand the point you are trying to make.

[NYBob]

Cross Lake Minerals (TSE:CRN)
Last Price (USD) $0.005
Change ? 0.0 (0.00%)
Bid -
Ask -
Volume -
Days Range - - -
Last Trade

[NYBob]

Cross Lake Minerals (TSE:CRN)
Last Price (USD) $0.005
Change ? 0.0 (0.00%)
Bid -
Ask -
Volume -
Days Range - - -
Last Trade -
Click for detailed quote page

[NYBob]

Cross Lake Minerals (TSE:CRN)
Last Price (USD) $0.005
Change ? 0.0 (0.00%)

http://investing.businessweek.com/research/stocks/snapshot/historical.asp?ticker=ZBLFF:US

[NYBob]

http://investing.businessweek.com/research/stocks/snapshot/historical.asp?ticker=ZBLFF:US

[NYBob]

0373849 B.C. LTD.

(FORMERLY CROSS LAKE MINERALS LTD.)

On Oct 14th 2009 Cross Lake Minerals ("the Company") made an application under the Companies' Creditors Arrangement Act ("CCAA") and an Order was granted by the B.C. Superior Court of Justice (the "CCAA Order") providing, among other things, a stay of proceedings against the Companies. PricewaterhouseCoopers Inc was appointed as monitor ("the Monitor") at that time.

On June 1, 2009 – 0373849 B.C. Ltd. completed the restructuring transactions provided for in the amended and restated plan of compromise and arrangement (the “Plan”) filed by the Company on May 21, 2009 pursuant to the Companies’ Creditors Arrangement Act (“CCAA”) and the British Columbia Business Corporations Act. Pursuant to the Plan of Arrangement:

1. All of the claims of the company’s secured and unsecured creditors have been settled and released for payments by the Company totalling $1,238,000 other than claims relating to certain secured debt held by Procon, in the aggregate principal amount of approximately $6,250,000 and the debts and liabilities transferred to the Company’s subsidiaries pursuant to the Plan;

2. Procon Mining and Tunnelling Ltd. (“Procon”) has made a non-interest bearing loan of $1,650,000 to the Company (the “Loan”);

3. The Company’s interest in the Porcher Island joint venture and certain related assets, obligations and liabilities have been transferred to a wholly-owned subsidiary, 0847420 B.C. Ltd., in exchange for shares of that subsidiary and a 2% net profit royalty in respect of the Porcher Island property;

4. The Company’s interest in the QR Mine and Mill and certain related assets, obligations and liabilities have been transferred to a second wholly-owned subsidiary, 0847423 B.C. Ltd., in exchange for shares of that subsidiary and a 2% net profit royalty in respect of the QR Mine and Mill;

5. The Company’s other mineral properties and certain related assets, obligations and liabilities have been transferred to a third wholly-owned subsidiary, 0847427 B.C. Ltd., in exchange for shares of that subsidiary;

6. The Company has been released from any and all responsibility for the liabilities and obligations transferred to its subsidiaries pursuant to the Plan;

7. The authorized share capital of the Company has been increased by creating an unlimited number of non-voting shares and an unlimited number of preferred shares, issuable in series;

8. All outstanding stock options of the Company have been cancelled;

9. The Loan has been converted into 56,885,026 common shares of the Company and 695,135,018.831 non voting shares of the Company, such that Procon now holds 45% of the (voting) common shares of the Company and 100% of the non-voting shares of the Company, providing Procon with the ownership of 99.99% of the total equity of the Company;

10. PricewaterhouseCoopers LLP has been appointed as auditor of the Company;

11. The Company’s name has changed to “0373849 B.C. Ltd.”; and

12. The stay of proceedings imposed on the Company by order of the Court under the CCAA was be lifted on June 3, 2009 and the Company is no longer be Subject to the CCAA.

Materials and information relating to the period before June 1, 2009 (including Monitor Reports) can be found on the PWC website at: http://www.pwc.com/ca/eng/about/svcs/brs/tahera.html

If you have any investor inquiries please email us at [e-mail]

http://www.pwc.com/ca/en/car/crosslake/index.jhtml

http://investing.businessweek.com/research/stocks/snapshot/historical.asp?ric=ZBLFF.PK

[NYBob]

0373849 B.C. LTD.

(FORMERLY CROSS LAKE MINERALS LTD.)

On Oct 14th 2009 Cross Lake Minerals ("the Company") made an application under the Companies' Creditors Arrangement Act ("CCAA") and an Order was granted by the B.C. Superior Court of Justice (the "CCAA Order") providing, among other things, a stay of proceedings against the Companies. PricewaterhouseCoopers Inc was appointed as monitor ("the Monitor") at that time.

On June 1, 2009 – 0373849 B.C. Ltd. completed the restructuring transactions provided for in the amended and restated plan of compromise and arrangement (the “Plan”) filed by the Company on May 21, 2009 pursuant to the Companies’ Creditors Arrangement Act (“CCAA”) and the British Columbia Business Corporations Act. Pursuant to the Plan of Arrangement:

1. All of the claims of the company’s secured and unsecured creditors have been settled and released for payments by the Company totalling $1,238,000 other than claims relating to certain secured debt held by Procon, in the aggregate principal amount of approximately $6,250,000 and the debts and liabilities transferred to the Company’s subsidiaries pursuant to the Plan;

2. Procon Mining and Tunnelling Ltd. (“Procon”) has made a non-interest bearing loan of $1,650,000 to the Company (the “Loan”);

3. The Company’s interest in the Porcher Island joint venture and certain related assets, obligations and liabilities have been transferred to a wholly-owned subsidiary, 0847420 B.C. Ltd., in exchange for shares of that subsidiary and a 2% net profit royalty in respect of the Porcher Island property;

4. The Company’s interest in the QR Mine and Mill and certain related assets, obligations and liabilities have been transferred to a second wholly-owned subsidiary, 0847423 B.C. Ltd., in exchange for shares of that subsidiary and a 2% net profit royalty in respect of the QR Mine and Mill;

5. The Company’s other mineral properties and certain related assets, obligations and liabilities have been transferred to a third wholly-owned subsidiary, 0847427 B.C. Ltd., in exchange for shares of that subsidiary;

6. The Company has been released from any and all responsibility for the liabilities and obligations transferred to its subsidiaries pursuant to the Plan;

7. The authorized share capital of the Company has been increased by creating an unlimited number of non-voting shares and an unlimited number of preferred shares, issuable in series;

8. All outstanding stock options of the Company have been cancelled;

9. The Loan has been converted into 56,885,026 common shares of the Company and 695,135,018.831 non voting shares of the Company, such that Procon now holds 45% of the (voting) common shares of the Company and 100% of the non-voting shares of the Company, providing Procon with the ownership of 99.99% of the total equity of the Company;

10. PricewaterhouseCoopers LLP has been appointed as auditor of the Company;

11. The Company’s name has changed to “0373849 B.C. Ltd.”; and

12. The stay of proceedings imposed on the Company by order of the Court under the CCAA was be lifted on June 3, 2009 and the Company is no longer be Subject to the CCAA.

Materials and information relating to the period before June 1, 2009 (including Monitor Reports) can be found on the PWC website at: http://www.pwc.com/ca/eng/about/svcs/brs/tahera.html

If you have any investor inquiries please email us at [e-mail]

http://www.pwc.com/ca/en/car/crosslake/index.jhtml

http://investing.businessweek.com/research/stocks/snapshot/historical.asp?ric=ZBLFF.PK

[NYBob]

t_b1209, Read it carefully -

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=41574114

to me it sounds like, it still ongoing -

the last management by the contractor said;
they were in it to save it from bankruptzy
and the contractor/receiver should NOT ROB the shareholders!
Canada hasn't become the new bolshevikz ussr'z yet -
or has it?

imo. tia.
God Bless

[t_b1209]

Our old CRN shares are worthless it seems ?

[NYBob]

Wayside Drills 51.5m (170 Feet) of 7.17 g/t Gold Including 20.2m (66.4 Feet) of 14.6 g/t Gold
Mon Oct 5, 2:42 AM

http://ca.news.finance.yahoo.com/s/05102009/28/link-f-ccnmatthews-wayside-drills-51-5m-170-feet-7-17.html

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 5, 2009) - International Wayside Gold Mines Ltd. ("Wayside", the "Company") (TSX VENTURE: WYG.V)(FRANKFURT: IWUB.F) reports today that it has received more results from its infill diamond drill program in the Bonanza Ledge Zone on Barkerville Mountain and from one of the three diamond drill holes testing the mine grid west extension of the BC Vein on Cow Mountain (Table 1).

The proposed 17 infill diamond drill program in the Bonanza Ledge Zone will upgrade its existing NI 43-101 resource from an inferred to indicated category. To date, 16 of 17 drill holes have been completed with BC09-01 through BC09-05, BC09-07 (please see September 17, 2009 News Release) through BC09-09, and BC09-11 returning promising intercepts containing gold mineralization.

- Drill hole BC09-08 intercepted:
- 18.3 meters (60.0 feet) of 1.15 g/T gold,
- including 0.43m (1.4 feet) of 21.8 g/T gold
- 24.4 meters (80.0 feet) of 1.14 g/T gold

- Drill hole BC09-09 intercepted:
- 24.4 meters (80.0 feet) of 5.39 g/T gold,
- including 0.85 meters (2.8 feet) of 102 g/T gold

- Drill hole BC09-11 intercepted:
- 51.5 meters (170.0 feet) of 7.17 g/T gold,
- including 20.2 meters (66.4 feet) of 14.6 g/T gold


Results from the remaining holes in the infill program are forthcoming.

Drill holes CM09-01 through CM09-03 were completed beside the Lowhee Creek on Cow Mountain and confirm the mine grid west extension of the BC Vein. The results verify that strike quartz veins including BC Vein exist on Cow Mountain, though more drilling needs to be conducted to confirm the total length and depth along strike. Gold values returned from the strike vein are up to 22.7 g/T (see September 17, 2009 News Release).

Drill hole CM09-03 intercepted a fine-grained pyrite replacement body in a fault zone, which contains up to 60% fine-grained pyrite and returns up to 22.7 g/T gold (Table 1).

About International Wayside Gold Mines

International Wayside Gold Mines has been developing its 106,484 hectare Cariboo Gold Project in Barkerville, B.C., which encompasses (from northwest to south east) the former producing Hardscrabble Tungsten Mine, Mosquito Creek Gold Mine (now on care and maintenance), Aurum Mine, Island Mountain Mine, Cariboo Gold Quartz Mine, Bonanza Ledge (proposed mine), the Cariboo Thompson Gold & Silver Mine and the Cariboo Hudson Mine.

The Company has also entered into a letter of intent with 0373849 B.C. Ltd. (formerly Cross Lake Minerals Ltd.) ("Cross Lake") pursuant to which Wayside will purchase a subsidiary of Cross Lake holding all of Cross Lake's interest in the QR Mine and Mill (the "Sale Transaction"). Concurrently with the completion of the Sale Transaction, Wayside will enter into a Spin-off Transaction to transfer all of its properties, including the QR Mine and Mill, Cariboo Gold Project, and its assets, liabilities and obligations, to Barkerville Gold Mines Ltd. ("Barkerville"), a wholly-owned subsidiary of Wayside, in exchange for shares of Barkerville (the "Barkerville Shares") and will then distribute the Barkerville Shares to the shareholders of Wayside on the basis of one Barkerville Share for each share of Wayside. The Sale Transaction and Spin-Off Transaction (together, the "Transactions") will be structured as a Plan of Arrangement involving Wayside, its security holders, Cross Lake and Barkerville pursuant to the provisions of the B.C. Business Corporations Act. The final terms of the Transactions will be modified to the extent necessary to give effect to tax and legal advice to be sought by the parties.

Barkerville will make an application to list its shares on the TSX Venture Exchange (the "TSX.V"). This transaction is subject to meeting the usual listing requirements of the TSX.V, which will include having the necessary funds to meet the obligations of operating the QR Mine and Mill, conduct recommended work programs on its Cariboo Gold exploration projects, satisfy the necessary general and administrative expenses and having unallocated working capital.

Completion under the Plan of Arrangement will also be subject to obtaining the necessary shareholder, regulatory and court approvals.

The technical information in this News Release has been reviewed and approved by Chief Geologist Jim Yin, PhD, P.Geo, a qualified person as defined in National Instrument 43-101.


Table 1. SIGNIFICANT ASSAYS
--------------------------------------------------------
From To Width Gold
------------------------------------------
# Drill Hole Feet Feet g/t oz/t
--------------------------------------------------------
--------------------------------------------------------
1 BC09-08 37.0 97.0 60.0 1.15 0.033
------------------------------------------
including
------------------------------------------
47.0 57.0 10.0 1.92 0.056
------------------------------------------
61.4 62.8 1.4 21.8 0.636
------------------------------------------
147.0 227.0 80.0 1.14 0.033
------------------------------------------
including
------------------------------------------
170.3 176.0 5.7 1.27 0.037
------------------------------------------
185.1 187.0 1.9 4.15 0.121
------------------------------------------
187.0 189.8 2.8 1.72 0.050
------------------------------------------
189.8 195.3 5.5 7.35 0.214
------------------------------------------
207.0 210.1 3.1 1.32 0.038
------------------------------------------
210.1 217.0 6.9 1.13 0.033
--------------------------------------------------------
147.0 227.0 80.0 5.39 0.157
------------------------------------------
including
------------------------------------------
157.0 160.7 3.7 7.85 0.229
------------------------------------------
160.7 163.5 2.8 102 2.975
------------------------------------------
2 BC09-09 163.5 167.0 3.5 1.17 0.034
------------------------------------------
179.9 187.0 7.1 5.78 0.169
------------------------------------------
187.0 197.0 10.0 2.13 0.062
------------------------------------------
197.0 201.9 4.9 6.95 0.203
------------------------------------------
201.9 207.0 5.1 2.17 0.063
--------------------------------------------------------
3 BC09-10 Pending
--------------------------------------------------------
87.0 257.0 170.0 7.17 0.209
------------------------------------------
including
------------------------------------------
107.0 117.0 10.0 7.55 0.220
------------------------------------------
117.0 119.7 2.7 4.25 0.124
------------------------------------------
134.6 137.0 2.4 6.95 0.203
------------------------------------------
137.0 142.4 5.4 6.00 0.175
------------------------------------------
142.4 147.0 4.6 14.9 0.433
------------------------------------------
147.0 153.5 6.5 6.65 0.194
------------------------------------------
153.5 157.0 3.5 6.25 0.182
------------------------------------------
157.0 159.5 2.5 4.40 0.128
------------------------------------------
159.5 167.0 7.5 11.0 0.321
------------------------------------------
167.0 172.1 5.1 18.1 0.528
------------------------------------------
172.1 177.0 4.9 11.2 0.327
------------------------------------------
177.0 181.9 4.9 23.4 0.682
------------------------------------------
4 BC09-11 181.9 187.0 5.1 26.9 0.783
------------------------------------------
187.0 189.2 2.2 16.9 0.493
------------------------------------------
189.2 193.5 4.3 29.6 0.863
------------------------------------------
193.5 197.0 3.5 22.4 0.652
------------------------------------------
197.0 199.7 2.7 11.9 0.347
------------------------------------------
199.7 201.0 1.3 12.6 0.367
------------------------------------------
201.0 207.0 6.0 1.11 0.032
------------------------------------------
207.0 211.8 4.8 1.09 0.032
------------------------------------------
211.8 217.0 5.2 1.05 0.031
------------------------------------------
225.0 230.7 5.7 2.25 0.066
------------------------------------------
230.7 237.0 6.3 6.65 0.194
------------------------------------------
237.0 241.2 4.2 1.71 0.050
------------------------------------------
241.2 243.8 2.6 4.25 0.124
------------------------------------------
243.8 246.6 2.8 2.23 2.230
------------------------------------------
246.6 251.0 4.4 11.9 0.347
--------------------------------------------------------
5 BC09-12 Pending
--------------------------------------------------------
6 BC09-13 Pending
--------------------------------------------------------
7 BC09-14 Pending
--------------------------------------------------------
8 BC09-15 Pending
--------------------------------------------------------
9 BC09-16 Pending
--------------------------------------------------------
10 BC09-17 Pending
--------------------------------------------------------
115.0 119.7 4.7 1.11 0.032
------------------------------------------
including
------------------------------------------
118.7 119.7 1.0 4.90 0.143
------------------------------------------
204.4 214.3 9.9 1.80 0.053
------------------------------------------
including
------------------------------------------
214.3 215.0 0.7 22.7 0.662
------------------------------------------
11 CM09-03 217.5 219.5 2.0 14.0 0.408
------------------------------------------
334.4 336.5 2.1 1.82 0.053
------------------------------------------
369.3 375.0 5.7 5.27 0.154
------------------------------------------
including
------------------------------------------
369.3 375.0 5.7 8.41 0.245
------------------------------------------
435.0 445.0 10.0 7.72 0.225
------------------------------------------
589.2 589.9 0.7 1.67 0.049
--------------------------------------------------------




On Behalf of the Board of Directors

J. Frank Callaghan, President

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts

Andrew H. Rees
International Wayside Gold Mines Ltd.
Director
604 669-6463 or Toll Free: 1-800 663-9688
604 669-3041 (FAX)
www.wayside-gold.com

[NYBob]

International Wayside Gold Mines Announces Upcoming Resource Development and Drill Programs
Tue Sep 15, 10:43 AM

http://ca.news.finance.yahoo.com/s/15092009/28/link-f-ccnmatthews-international-wayside-gold-mines-announces-upcoming-resource-development.html

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 15, 2009) - International Wayside Gold Mines Ltd. ("Wayside", the "Company"), (TSX VENTURE: WYG.V)(FRANKFURT: IWUB.F), announced today its near term development and drill programs designed to advance its NI 43-101 compliant resources at the Cariboo Gold Project.

Wayside's current NI 43-101 resources are as follows:


----------------------------------------------------------------------------
Grade Contained
Area Category(1) Tonnes (g/t) Gold Ounces(2) Prepared by
----------------------------------------------------------------------------
Cariboo
Gold Indicated 6,013,000 2.23 430,885 Giroux 2006
--------------------------------------------------
Quartz Inferred 1,527,000 1.85 90,936
----------------------------------------------------------------------------

----------------------------------------------------------------------------
Bonanza Measured 234,677 6.69 50,392
Ledge --------------------------------------------------
Indicated 334,433 5.31 57,140 Mintec 2009
--------------------------------------------------
Inferred 373,123 6.10 73,087
----------------------------------------------------------------------------

----------------------------------------------------------------------------
BC Vein Indicated 296,000 5.31 50,600 Giroux 2002
--------------------------------------------------
Inferred 291,000 2.40 22,400
----------------------------------------------------------------------------

----------------------------------------------------------------------------
QR Pre-feasibility study to be completed September 2009
----------------------------------------------------------------------------

(1)Conforms to NI 43-101, 43101CP and current CIM definitions for resources.
All numbers are rounded. (2)Cutoff grade is 0.69 gpt Au.




Upcoming Drill Programs and Resource Development

Bonanza Ledge -

Management received a positive Pre-Feasibility Study ("PFS") on the proposed Bonanza Ledge open pit gold mine (see News Release 09-22, Sept. 10, 2009) and is taking the necessary steps to advance the project to production. In addition, drilling to improve the resources is in progress.

With a $950 per ounce gold price, project economics in the PFS outline pre-tax cash flow during the 4 year mine life at $20.5 million, a pre-tax internal rate of return of 111.8% and a net present value (5% discount) of $16.3 million. The net present value figure applies only to the proposed Bonanza Ledge open pit gold mine and does not represent value relating to the Company's other NI 43-101 compliant resources.

Cariboo Gold Quartz -

A Notice of Work has been submitted to begin drilling 202 holes below the 1200' Level to develop additional ounces underneath the current NI43-101 compliant resource. Historic mining records suggest the grade is continuous with the area having a similar tonnage potential as that above the 1200' Level.

Wayside President J. Frank Callaghan states, "A Notice of Work will also be submitted to twin historic drill holes above the 1200' Level at Cariboo Gold Quartz, with the objective to bring the current 43-101 back to its pre-43-101 resource of 1 million ounces, indicated by two resource estimates".

BC Vein -

In March 2000, the Bonanza Ledge Zone was discovered in the footwall of the BC Vein on Barkerville Mountain. The BC Vein has now been traced as much as 1600 meters beyond the Bonanza Ledge Zone. Additional drilling on Cow Mountain to delineate the BC Vein's strike extension offset by the Lowhee Fault is in progress.

The current BC Vein NI 43-101 resource estimate will be updated to include an additional 106 drill holes (15,273 meters) drilled by the Company to date that have cut into the BC Vein and have not yet been added to the resource model.

About International Wayside Gold Mines

The Company has been developing its 106,484 hectare Cariboo Gold Project in Barkerville, B.C., which encompasses (from northwest to south east) the former producing Hardscrabble Tungsten Mine, Mosquito Creek Gold Mine (on care and maintenance), Aurum Mine, Island Mountain Mine, Cariboo Gold Quartz Mine, Bonanza Ledge (proposed mine), the Cariboo Thompson Gold & Silver Mine and the Cariboo Hudson Mine.

The Company has also entered into a letter of intent with 0373849 B.C. Ltd. (formerly Cross Lake Minerals Ltd.) ("Cross Lake") pursuant to which Wayside will purchase a subsidiary of Cross Lake holding all of Cross Lake's interest in the QR Mine and Mill (the "Sale Transaction"). Concurrently with the completion of the Sale Transaction, Wayside will enter into a Spin-off Transaction to transfer all of its properties, including the QR Mine and Mill, Cariboo Gold Project, and its assets, liabilities and obligations, to Barkerville Gold Mines Ltd. ("Barkerville"), a wholly-owned subsidiary of Wayside, in exchange for shares of Barkerville (the "Barkerville Shares") and will then distribute the Barkerville Shares to the shareholders of Wayside on the basis of one Barkerville Share for each share of Wayside. The Sale Transaction and Spin-Off Transaction (together, the "Transactions") will be structured as a Plan of Arrangement involving Wayside, its security holders, Cross Lake and Barkerville pursuant to the provisions of the B.C. Business Corporations Act. The final terms of the Transactions will be modified to the extent necessary to give effect to tax and legal advice to be sought by the parties.

Barkerville will make an application to list its shares on the TSX Venture Exchange (the "TSX.V"). This transaction is subject to meeting the usual listing requirements of the TSX.V, which will include having the necessary funds to meet the obligations of operating the QR Mine and Mill, conduct recommended work programs on its Cariboo Gold exploration projects, satisfy the necessary general and administrative expenses and having unallocated working capital. Completion under the Plan of Arrangement will also be subject to obtaining the necessary shareholder, regulatory and court approvals.

The technical information in this News Release has been reviewed and approved by Chief Geologist Jim Yin, PhD, P.Geo, a qualified person as defined in National Instrument 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS

J. Frank Callaghan, President and CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts

Andrew H. Rees
International Wayside Gold Mines Ltd.
Director
604-669-6463 or Toll Free: 1-800-663-9688
604-669-3041 (FAX)
www.wayside-gold.com

[NYBob]

Time will tell, I don't know -
did you get any news?
banksterz is the receiver -
do you trust them to do fair Law praxis? -
ex.
when will the banksterz gangz pay back what taken from
the people? -
do the gypsyz of banksterz have their own Lawz of praxiz
allowed by their elitez bolshevikz?
http://www.globalresearch.ca/index.php?context=va&aid=12007
lawz above the normal Law of the Western World Society?
God Bless

[t_b1209]

we supposed to get anything from our commons or is it done n over ?

[NYBob]

Cross Lake Minerals (TSE:CRN)
Last Price (CAD)
$ 0.005
Change
◊ 0
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Click for Detailed Quote Page

[NYBob]

International Wayside Gold Mines Ltd.: NI 43-101 Report Filed on Recently Acquired Cariboo Land Package
Wed Jun 24, 10:05 AM

http://ca.news.finance.yahoo.com/s/24062009/28/link-f-ccnmatthews-international-wayside-gold-mines-ltd-ni-43-101.html

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 24, 2009) - International Wayside Gold Mines Ltd. (TSX VENTURE: WYG.V)(FRANKFURT: IWUB.F) ("Wayside") is pleased to announce it has filed a National Instrument NI 43-101 Technical Report ("the Report") prepared by Jarrod Brown, M. Sc., P. Geo. and Jim Yin, Ph.D., P.Geo., on Wayside's 276.7 sq. km land package recently acquired from Golden Cariboo Resources, at the Cariboo Gold Project near Wells, British Columbia. The full report is available for download on the company's website at www.wayside-gold.com.

The 2000-2008 exploration programs discussed in the Report confirmed the wide spread presence of quartz vein and pyrite replacement styles of gold mineralization on the land package. The numerous anomalies and occasional high grade values encountered in the exploration programs verify the conviction that the land package has potential to host well-mineralized gold ore bodies, possibly of economic grade.

The Report recommends a 2009 exploration program on G Property consisting of 1,829 meters (6,000 feet) of diamond drilling with a proposed budget of $420,250.00. A two phase exploration program in 2009 is recommended for the Warspite Property on Mt. Proserpine. Phase I consists of a SP survey within the previously selected prospect area in 2006. Phase II consists of trenching and 1,524 meters (5,000 feet) of diamond drilling to test the SP anomalies of Phase I. The total budget for the 2009 exploration programs on the Warspite Property is $373,500.00. The grand total proposed budget for the 2009 exploration programs on both G and Warspite Properties on the land package is $793,750.00.

The Company initiated operations in the Cariboo District in 1994 and since that time has focused on the exploration and development of its gold properties. Mineral tenures in the Historic Cariboo Goldfields encompass approximately 1,065 square km (106,484 hectares) over a 60 km long by 20 km wide belt. In the Barkerville Gold Camp, 101 creeks have reported placer gold production. Recorded gold production from the area totals more than 3.8 million ounces, including an estimated 2.64 million ounces from placer mining and 1.23 million ounces from lode mining.

Wayside is in the process of acquiring the QR Mine and 900 tonne per day QR Mill, which was fully operational until February 2009 (now on care and maintenance). The QR Mill is a CIP mill designed for an output of 70,000 ounces of gold per annum for that location. The mill is 110 km by road from Wayside's Cariboo Gold Project and proposed Bonanza Ledge Mine.

The technical information in this News Release has been reviewed and approved by chief geologist Jim Yin, PhD, P.Geo, a qualified person as defined in National Instrument 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS

J. Frank Callaghan, President and CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts

Andrew Rees
International Wayside Gold Mines Ltd.
604-669-6463 or Toll Free: 1-800-663-9688
604-669-3041 (FAX)
www.wayside-gold.com

[NYBob]

International Wayside Gold Mines Ltd.: Corporate Update on Proposed QR Mine & Mill Acquisition
VANCOUVER, BRITISH COLUMBIA, Jun 03, 2009
(MARKETWIRE via COMTEX) --

International Wayside Gold Mines Ltd.
("Wayside") (TSX VENTURE: WYG)(FRANKFURT: IWUB) is pleased
to announce on June 1, 2009, Cross Lake Minerals Ltd.
("Cross Lake") completed the closing conditions of the plan
of compromise and arrangement (the "Plan"), including
obtaining final BC Supreme Court approval, thus allowing
Wayside to proceed to enter into an agreement
("the Agreement") first announced on February 04, 2009 and
updated April 9, 2009 whereby Wayside will purchase
the QR Mine and Mill.
Completion of the Agreement is subject to the satisfaction
of a number of conditions including, but not limited to,
completion of due diligence and obtaining the necessary
shareholder, regulatory and Court approvals.
The 900 tonne per day QR Mill, which was fully operational
until February 2009 (now on care and maintenance),
is a CIP mill designed for an output of 70,000 ounces of gold
per annum for that location.
The mill is located 110 km by road from Wayside's Cariboo
Gold Project and proposed Bonanza Ledge Mine.
Following a positive feasibility study in 1994,
Kinross Gold Corp. constructed the QR Mill with capital costs
estimated at over $40 million.

Cross Lake commenced operations at the QR Mine in 2007 after
spending over $34 million in the preceding 24 months on
project acquisition ($4.3 million),
exploration & development ($20 million)
and refurbishing the mill facilities ($10.3 million).

Cross Lake expended an additional $3 million
on asset retirement obligations,
including having BC Hydro bring three phase power
to the project.

It is Wayside's objective to process material from its
proposed Bonanza Ledge Mine
(subject to receipt of all necessary permits) at
the QR Mill, in addition to recommencing operations
at the QR Mine.

The Company initiated operations in the Cariboo District
in 1994 and since that time has focused on
the exploration and development of its gold properties.
Mineral tenures in the Historic Cariboo Goldfields encompass
approximately 1,065 square km (106,484 hectares) over a
60 km long by 20 km wide belt.
In the Barkerville Gold Camp, 101 creeks have reported
placer gold production.
Recorded gold production from the area totals more than
3.8 million ounces, including an
estimated 2.64 million ounces from placer mining
and 1.23 million ounces from lode mining.

ON BEHALF OF THE BOARD OF DIRECTORS

J. Frank Callaghan, President and CEO

Neither TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.

Contacts:
International Wayside Gold Mines Ltd.
Andrew H. Rees
Director
604-669-6463 or Toll Free: 1-800-663-9688
604-669-3041 (FAX)
http://www.wayside-gold.com

SOURCE: International Wayside Gold Mines Ltd.

CONTACT:
http://www.wayside-gold.com

http://www.pinksheets.com/pink/quote/quote.jsp?symbol=CRNKF#getNews

[NYBob]

Procon Completes Investment in Cross Lake
VANCOUVER, BRITISH COLUMBIA, Jun 1, 2009
(Marketwire via COMTEX) --

Procon Mining and Tunnelling Ltd.
("Procon") of Suite 108 - 4664 Lougheed Highway, Burnaby,
British Columbia, V5C 5T5 reports its recent acquisition
of securities in 0373849 B.C. Ltd.
(formerly Cross Lake Minerals Ltd.)
(the "Company") at a purchase price of $1,650,000.

Pursuant to the amended and restated plan of compromise and
arrangement (the "Plan") filed by the Company on
May 21, 2009 pursuant to the Companies'
Creditors Arrangement Act ("CCAA") and
the British Columbia Business Corporations Act,
the investment agreement between Procon and
the Company dated April 3, 2009 as amended on May 7, 2009 and
upon conversion of a non-interest bearing loan of $1,650,000
to the Company (the "Loan"), on June 1, 2009
Procon acquired from the Company ownership of 56,885,026
common shares and 695,135,018,831 non-voting shares of
the Company.
Each common share and non-voting share was issued at
a price of $0.0000023734453621304 per share.
Procon acquired the common shares and non-voting shares
of the Company for investment purposes.

As a result of the acquisition of the shares, Procon
now owns 56,885,026 common shares and 695,135,018,831
non-voting shares of the Company representing
approximately 45% of the (voting) common shares and
100% of the non-voting shares of the Company,
providing Procon with the ownership of 99.99% of
the total equity of the Company.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information.

SOURCE: Procon Mining and Tunnelling Ltd.

CONTACT: Procon Mining and Tunnelling Ltd.
Edward Yurkowski
President
[phone]
[phone] (FAX)

http://www.procongroup.net

Copyright (C) 2009 Marketwire. All rights reserved.

-0-

INDUSTRY KEYWORD: Manufacturing and Production/Mining and Metals
SUBJECT CODE: STOCK/OTHER MARKET NEWS

http://www.pinksheets.com/pink/quote/quote.jsp?symbol=CRNKF#getNews

[NYBob]

Cross Lake Completes Restructuring Pursuant to Plan of Compromise and Arrangement
VANCOUVER, BRITISH COLUMBIA, Jun 1, 2009 (Marketwire via COMTEX) --

0373849 B.C. Ltd. (formerly Cross Lake Minerals Ltd.)
(the "Company") reports that it has completed the
restructuring transactions provided for in the amended and
restated plan of compromise and arrangement (the "Plan")
filed by the Company on May 21, 2009 pursuant to the
Companies' Creditors Arrangement Act ("CCAA") and
the British Columbia Business Corporations Act.
Pursuant to the Plan of Arrangement:

1. all of the claims of the Company's secured and
unsecured creditors have been settled and released
for payments by the Company totaling $1,238,000,
other than claims relating to certain secured debt held
by Procon,
in the aggregate principal amount of approximately $6,250,000
and the debts and liabilities transferred to
the Company's subsidiaries pursuant to the Plan;

2. Procon Mining and Tunnelling Ltd. ("Procon")
has made a non-interest bearing loan of $1,650,000 to
the Company (the "Loan");

3. the Company's interest in the Porcher Island joint venture and certain related assets, obligations and liabilities have been transferred to a wholly-owned subsidiary, 0847420 B.C. Ltd., in exchange for shares of that subsidiary and a 2% net profit royalty in respect of the Porcher Island property;

4. the Company's interest in the QR Mine and Mill and certain related assets, obligations and liabilities have been transferred to a second wholly-owned subsidiary, 0847423 B.C. Ltd., in exchange for shares of that subsidiary and a 2% net profit royalty in respect of the QR Mine and Mill;

5. the Company's other mineral properties
and certain related assets, obligations and liabilities
have been transferred to a third wholly-owned subsidiary,
0847427 B.C. Ltd.,
in exchange for shares of that subsidiary;

6. the Company has been released from any and all responsibility for the liabilities and obligations transferred to its subsidiaries pursuant to the Plan;

7. the authorized share capital of the Company
has been increased by creating an unlimited number
of non-voting shares and an unlimited number of
preferred shares, issuable in series;

8. all outstanding stock options of the Company
have been cancelled;

9. the Loan has been converted into 56,885,026 common shares
of the Company and
695,135,018,831 non voting shares of the Company,
such that Procon now holds 45% of the (voting) common shares
of the Company and 100% of the non-voting shares of
the Company, providing Procon with the ownership
of 99.99% of the total equity of the Company;

10. PricewaterhouseCoopers LLP
has been appointed as auditor of the Company;

11. the Company's name has changed to "0373849 B.C. Ltd.";
and

12. the stay of proceedings imposed on the Company
by order of the Court under the CCAA
will be lifted on June 3, 2009 and
the Company will no longer be subject to the CCAA.

In addition, the Company reports
that Mr. Ed Yurkowski has been appointed as a director
of the Company.

Additional information filed by the Company or
the Monitor relating to the Plan of Arrangement
is available on the Monitor's website at
www.pwc.com/car-crosslake.

This news release does not constitute an offer to sell or
a solicitation of an offer to sell any of the securities
in the United States.
The securities have not been and will not be registered
under the United States Securities Act of 1933,
as amended (the "U.S. Securities Act")
or any state securities laws and may not be offered
or sold within the United States or to U.S.
Persons unless registered under the U.S. Securities Act
and applicable state securities laws or an exemption
from such registration is available.

This release includes certain statements that may be deemed
to be "forward-looking statements" within the meaning of
the U.S. Private Securities Litigation Reform Act of 1995.
All statements in this release, other than statements
of historical facts, that address future production,
reserve potential, exploration and development activities
and events or developments that the Company expects,
are forward-looking statements.
Although management believes the expectations expressed
in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees
of future performance, and actual results or developments
statements. Factors that could cause actual results to
differ materially from those in forward-looking
statements include market prices, exploration and
development successes, continued availability of capital
and financing, and general economic, market or business conditions.
Please see our public filings at
www.sedar.com for further information.

12(g) No. 82-2636

SOURCE: 0373849 B.C. Ltd.

CONTACT:
0373849 B.C. Ltd. (formerly Cross Lake Minerals Ltd.)
Alan Boon
President and CEO
[phone]
[phone] (FAX)

http://www.crosslakeminerals.com

http://www.pinksheets.com/pink/quote/quote.jsp?symbol=CRNKF#getNews

[NYBob]

International Wayside Gold Mines Ltd.: Corporate Update on Proposed QR Mine & Mill Acquisition
Wed Jun 3, 12:30 PM

http://ca.news.finance.yahoo.com/s/03062009/28/link-f-ccnmatthews-international-wayside-gold-mines-ltd-corporate-update-proposed.html

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 3, 2009) -

International Wayside Gold Mines Ltd. -
("Wayside") (TSX VENTURE: WYG.V)(FRANKFURT: IWUB.F) is pleased to announce on June 1, 2009, Cross Lake Minerals Ltd. ("Cross Lake") completed the closing conditions of the plan of compromise and arrangement (the "Plan"), including obtaining final BC Supreme Court approval, thus allowing Wayside to proceed to enter into an agreement ("the Agreement") first announced on February 04, 2009 and updated April 9, 2009 whereby Wayside will purchase the QR Mine and Mill. Completion of the Agreement is subject to the satisfaction of a number of conditions including, but not limited to, completion of due diligence and obtaining the necessary shareholder, regulatory and Court approvals.

The 900 tonne per day QR Mill, which was fully operational until February 2009 (now on care and maintenance), is a CIP mill designed for an output of 70,000 ounces of gold per annum for that location. The mill is located 110 km by road from Wayside's Cariboo Gold Project and proposed Bonanza Ledge Mine. Following a positive feasibility study in 1994, Kinross Gold Corp. constructed the QR Mill with capital costs estimated at over $40 million.

Cross Lake commenced operations at the QR Mine in 2007 after spending over $34 million in the preceding 24 months on project acquisition ($4.3 million), exploration & development ($20 million) and refurbishing the mill facilities ($10.3 million). Cross Lake expended an additional $3 million on asset retirement obligations, including having BC Hydro bring three phase power to the project. It is Wayside's objective to process material from its proposed Bonanza Ledge Mine (subject to receipt of all necessary permits) at the QR Mill, in addition to recommencing operations at the QR Mine.

The Company initiated operations in the Cariboo District in 1994 and since that time has focused on the exploration and development of its gold properties. Mineral tenures in the Historic Cariboo Goldfields encompass approximately 1,065 square km (106,484 hectares) over a 60 km long by 20 km wide belt. In the Barkerville Gold Camp, 101 creeks have reported placer gold production. Recorded gold production from the area totals more than 3.8 million ounces, including an estimated 2.64 million ounces from placer mining and 1.23 million ounces from lode mining.

ON BEHALF OF THE BOARD OF DIRECTORS

J. Frank Callaghan, President and CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts

Andrew H. Rees
International Wayside Gold Mines Ltd.
Director
604-669-6463 or Toll Free: 1-800-663-9688
604-669-3041 (FAX)
http://www.wayside-gold.com

[NYBob]

International Wayside Gold Mines Ltd.: Court Approves Cross Lake Plan of Arrangement Including Proposed QR Mine & Mill (900 tpd) Acquisition

VANCOUVER, BRITISH COLUMBIA, May 28, 2009 (MARKETWIRE via COMTEX) -- International Wayside Gold Mines Ltd. ("Wayside") (TSX VENTURE: WYG)(FRANKFURT: IWUB) is pleased to announce further to News Release 09-09 dated May 19, 2009, that as previously stated, the creditors of Cross Lake Minerals Ltd.("Cross Lake") approved an amended and restated plan of compromise and arrangement (the "Plan"), which amended, in a number of technical respects, the plan of compromise and arrangement filed on April 7, 2009 pursuant to the Companies' Creditors Arrangement Act and B.C. Business Corporations Act.

On May 25, 2009, the British Columbia Supreme Court issued the final order to approve the Plan, which among other things, allows for a subsidiary of Cross Lake to hold all of Cross Lake's interest in the QR Mine and Mill (the "QR Subco"). Wayside intends to proceed to enter into an agreement ("the Agreement") first announced on February 04, 2009 and updated April 9, 2009 whereby Wayside will purchase the QR Subco. Completion of the Agreement is subject to the satisfaction of a number of conditions including, but not limited to, completion of due diligence and obtaining the necessary shareholder, regulatory and Court approvals.

The 900 tonne per day QR Mill, which was fully operational until February 2009 (now on care and maintenance), is a CIP mill designed for an output of 70,000 ounces of gold per annum for that location. The mill is located 110 km by road from Wayside's Cariboo Gold Project and proposed Bonanza Ledge Mine. Following a positive feasibility study in 1994, Kinross Gold Corp. constructed the QR Mill with capital costs estimated at over $40 million.

Cross Lake commenced operations at the QR Mine in 2007 after spending over $34 million in the preceding 24 months on project acquisition ($4.3 million), exploration & development ($20 million) and refurbishing the mill facilities ($10.3). Cross Lake expended an additional $3 million on asset retirement obligations, including having BC Hydro bring three phase power to the project. It is Wayside's objective to process material from its proposed Bonanza Ledge Mine at the QR Mill, in addition to recommencing operations at the QR Mine.

The Company initiated operations in the Cariboo District in 1994 and since that time has focused on the exploration and development of its gold properties. Mineral tenures in the Historic Cariboo Goldfields encompass approximately 1,065 square km (106,484 hectares) over a 60 km long by 20 km wide belt. In the Barkerville Gold Camp, 101 creeks have reported placer gold production. Recorded gold production from the area totals more than 3.8 million ounces, including an estimated 2.64 million ounces from placer mining and 1.23 million ounces from lode mining.

ON BEHALF OF THE BOARD OF DIRECTORS

J. Frank Callaghan, President and CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
International Wayside Gold Mines Ltd.
Andrew H. Rees
Director
604-669-6463 or Toll Free: 1-800-663-9688
604-669-3041 (FAX)
www.wayside-gold.com


SOURCE: International Wayside Gold Mines Ltd.

CONTACT: http://www.wayside-gold.com

[NYBob]

CROSS LAKE MINERALS
(Other OTC: CRNKF.PK)

http://finance.yahoo.com/q?s=CRNKF.PK

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37776210

[NYBob]

International Wayside Gold Mines Ltd.: Update on QR Mine and Mill Proposed Acquisition -

http://finance.yahoo.com/news/International-Wayside-Gold-ccn-15215252.html?.v=1

Tuesday May 12, 2009, 10:01 am EDT
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 12, 2009) -

International Wayside Gold Mines Ltd. -
(the "Company") (TSX VENTURE:WYG - News; FRANKFURT:IWUA - News) is pleased to announce further to news release NR09-05, dated April 9, 2009, that the creditors of Cross Lake Minerals Ltd. approved an amended and restated plan of compromise and arrangement (the "Plan"), which amended, in a number of technical respects, the plan of compromise and arrangement filed on April 7, 2009 pursuant to Companies' Creditors Arrangement Act and the British Columbia Business Corporations Act.

The completion of the arrangement provided for in the Plan is subject to a number of conditions, including the granting of a final Court order approving the Plan. It is anticipated that Cross Lake will apply to Court for a final order approving the Plan on or about May 14, 2009. Approval of the Plan will allow a subsidiary of Cross Lake to hold all of Cross Lake's interest in the QR Mine and Mill.

Once that Plan is approved, the Company intends to proceed to enter into an agreement first announced on February 10, 2009 and updated April 9, 2009 whereby the Company will purchase a subsidiary of Cross Lake holding all of Cross Lake's interest in the QR Mine and Mill (collectively the "QR Mine & Mill").

Concurrently with the completion of the Sale Transaction, Wayside will transfer all of its properties including the Cariboo Gold Project, assets, liabilities and obligations (including the Subco Shares) which company owns the QR Mine and Mill to a wholly-owned subsidiary of Wayside ("Newco") in exchange for shares of Newco (the "Newco Shares"); distribute the Newco Shares to the shareholders of Wayside (for greater clarity, excluding Cross Lake) on the basis of one Newco Share for each share of Wayside held by such shareholders; reorganize its share capital so that the shares of Wayside held by the shareholders other than Cross Lake are retractable at a price and time to be agreed by the parties; change its name to a new name designated by Cross Lake, and delist from the Exchange (the "Spin-Off Transaction").

Newco holding all of the previous assets and liabilities, if any, of Wayside and the QR Mine and Mill (to be renamed "Barkerville Gold Mines Ltd.") will make an application to list its shares on the TSX Venture Exchange (the "TSXV"). This transaction is subject to meeting the usual listing requirements of the TSXV which will include having the necessary funds to meet the obligations of operating the QR Mine and Mill, conduct recommended work programs on its exploration projects, satisfy the necessary general and administrative expenses and having unallocated working capital. It is contemplated that as part of the Spin-Off Transaction, Barkerville will file a prospectus in certain jurisdictions to qualify its shares for distribution. There can be no assurance that Barkerville will receive a receipt for any prospectus filed, nor any assurance that the Company will meet the listing requirements of the TSXV.

The Sale Transaction and Spin-Off Transaction (together, the "Transactions") will be structured as a plan of arrangement involving Wayside, its security holders, Cross Lake and Barkerville pursuant to the provisions of the B.C. Business Corporations Act ("BCBCA"). The final terms of the Transactions will be modified to the extent necessary to give effect to tax and legal advice to be sought by the parties.

The completion of the Transactions will be subject to the satisfaction of a number of conditions including the completion of the Restructuring Transaction, listing of the shares of Barkerville on the TSXV, completion of definitive agreements and due diligence. Completion will also be subject to obtaining the necessary shareholder, regulatory and Court approvals. Upon closing of the Transactions, Wayside will have no debts, liabilities or other obligations (absolute, contingent or otherwise), all outstanding options, warrants and other rights to acquire securities of Wayside will be exercised or cancelled, the directors and officers of Wayside will resign and be replaced by nominees of Cross Lake. Upon closing of the Transactions Barkerville will hold all of the properties, assets, liabilities and obligations of Wayside and the QR Mine and Mill as previously described. The Transactions will close at a mutually acceptable date as agreed upon by the parties.

Upon satisfactory completion of due diligence and the entering into of definitive agreements, detailed information with respect to the Transactions will be provided in the Management Information Circular to be mailed to shareholders. There is no assurance that the Transactions will proceed, or that they will proceed on the basis described herein.

The QR Mill is a 900 tonne per day CIP mill located 110 km by road from the Company's Cariboo Gold Project and proposed Bonanza Ledge Mine. Following a positive feasibility study in 1994, Kinross Gold Corp. constructed the QR mill with capital costs estimated at over $40 million. Cross Lake Minerals began operations at the QR Mine in 2007 after spending in excess of $10 million refurbishing the mill facilities. It is the Company's objective to process material from its proposed Bonanza Ledge Mine at the QR Mill, in addition to recommencing operations at the QR Mine.

The Cariboo Gold Project encompasses (from northwest to south east), the former producing Hardscrabble Tungsten Mine, Mosquito Creek Gold Mine (now on care and maintenance), Aurum Mine, Island Mountain Mine, Cariboo Gold Quartz Mine, Bonanza Ledge (proposed mine), the Cariboo Thompson Gold & Silver Mine and the Cariboo Hudson Mine.

The Company commenced operations in the Cariboo District in 1994 and since that time has focused on the exploration and development of its gold properties. Mineral tenures in the Historic Cariboo Goldfields encompass approximately 1,065 square km (106,484 hectares) over a 60 km long by 20 km wide belt. In the Barkerville Gold Camp, 101 creeks have reported placer gold production. Recorded gold production from the area totals more than 3.8 million ounces, including an estimated 2.64 million ounces from placer mining and 1.23 million ounces from lode mining.

The technical information in this News Release has been reviewed and approved by chief geologist Jim Yin, PhD, P.Geo, a qualified person as defined in National Instrument 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS

J. Frank Callaghan, President and CEO

The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.
Contact:

Andrew H. Rees
International Wayside Gold Mines Ltd.
Director
604-669-6463 or Toll Free: 1-800-663-9688
604-669-3041 (FAX)
[e-mail]
http://www.wayside-gold.com

http://finance.yahoo.com/news/International-Wayside-Gold-ccn-15215252.html?.v=1

http://investorshub.advfn.com/boards/board.aspx?board_id=6733

[PENNYPRINCE 1]

I added CALVF at .07 but may yet add here.

[NYBob]

Creditors Approve Plan of Compromise and Arrangement -
May 8, 2009 - Vancouver, British Columbia -

Cross Lake Minerals Ltd. -
("Cross Lake" or the "Company") reports that, at the Creditors Meeting held earlier today, the creditors of the Company approved an amended and restated plan of compromise and arrangement (the "Plan"), which amended, in a number of technical respects, the plan of compromise and arrangement filed by the Company on April 7, 2009 pursuant to Companies' Creditors Arrangement Act and the British Columbia Business Corporations Act.

The completion of the arrangement provided for in the Plan is subject to a number of conditions, including the granting of a final Court order approving the Plan. It is anticipated that the Company will apply to Court for a final order approving the Plan on or about May 14, 2009.

Additional information filed by the Company or the Monitor appointed by the Court related to the filing of the Plan is available on the Monitor's website at www.pwc.com/car-crosslake.

For further information, please contact:

Cross Lake Minerals Ltd.
Alan Boon, President and CEO
[phone] or visit our website at www.crosslakeminerals.com

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information.


You can view the Previous News Releases item: Wed Apr 29, 2009, Voluntary Delisting of Common Shares

You can return to the main News Releases page, or press the Back button on your browser.

http://www.crosslakeminerals.com/s/NewsReleases.asp?ReportID=347173&_Type=News-Releases&_Title=Creditors-Approve-Plan-of-Compromise-and-Arrangement

CROSS LAKE MINERAL -

http://finance.yahoo.com/q?s=CRN.TO

its in the receivers hands now -
let us see if they do the fair things to
Crn's long time shareholders? -
the trust worthy who stayed with CRN and
who got the company to produce gold -
in the first case -

http://finance.yahoo.com/news/Cross-Lake-Minerals-Ltd-Court-ccn-14892751.html?.v=1

http://investorshub.advfn.com/boards/board.aspx?board_id=6733

God Bless us

[PENNYPRINCE 1]

Wat do you think is the value here and are you buying?

[NYBob]

CROSS LAKE MINERAL -

http://finance.yahoo.com/q?s=CRN.TO

its in the receivers hands now -
let us see if they do the fair things to
Crn's long time shareholders? -
the trust worthy who stayed with CRN and
who got the company to produce gold -
in the first case -

http://finance.yahoo.com/news/Cross-Lake-Minerals-Ltd-Court-ccn-14892751.html?.v=1

God Bless us

[NYBob]

CROSS LAKE MINERALS (CRNKF.PK) -

http://finance.yahoo.com/q?s=CRNKF.PK&=

http://ih.advfn.com/p.php?pid=squote&symbol=crnkf

http://www.pinksheets.com/pink/quote/quote.jsp?symbol=crnkf#getQuote

http://www.pinksheets.com/pink/quote/quote.jsp?symbol=crnkf#getCompanyInfo

http://www.pinksheets.com/pink/quote/quote.jsp?symbol=crnkf#getCompanyInfo

God Bless

[NYBob]

CROSS LAKE MINERALS LTD
(Toronto: CRN.TO)
Last Trade: 0.005
Trade Time: Apr 27
Change: 0.00 (0.00%)
Prev Close: 0.005
Open: 0.01
Bid: 0.005
Ask: 0.01
1y Target Est: N/A
Day's Range: 0.005 - 0.01
52wk Range: 0.01 - 0.37
Volume: 130,000
Avg Vol (3m): 197,557
Market Cap: N/A
P/E (ttm): N/A
EPS (ttm): N/A
Div & Yield: N/A (N/A)

t_b1209 thanks, I thing the trading stopped and
its in the courts hands now -
let see if we receive any shares of -

International Wayside Gold Mines Ltd. (TSX:WYG) or the
new company -
http://investorshub.advfn.com/boards/board.aspx?board_id=6733

[t_b1209]

what online broker do you use and whats your shares of crosshair showing ?

[t_b1209]

Yes thx i got my value back on etrade today.

[NYBob]

Cariboo Gold Camp Consolidation Completed and Update on QR Mine and Mill Proposed Acquisition -
News Release 09-07 Vancouver, BC --

International Wayside Gold Mines Ltd.
(the "Company") is pleased to announce that the Property Acquisition from Golden Cariboo Resources Ltd. first announced on September 26, 2008 has closed.

The Company will pay Golden Cariboo an aggregate of $2,300,000 in cash and shares as follows:

• On the Closing Date of the Transaction $600,000 cash and $600,000 in shares (at a deemed price per share equal to closing on the day preceding the issuance) which results in the issuance of 1,333,333 common shares at a price of $0.45 per share. The shares are subject to a hold period expiring on August 10, 2009;

• On the first anniversary $600,000 in shares (at a deemed price per share equal to closing on the day preceding the further issuance);

• On the second anniversary $500,000 in shares (at a deemed price per share equal to closing on the day preceding the further issuance).

The Cariboo Gold Camp -
now encompasses (from northwest to south east),
the former producing Hardscrabble Tungsten Mine,
Mosquito Creek Gold Mine (now on care and maintenance),
Aurum Mine,
Island Mountain Mine,
Cariboo Gold Quartz Mine,
Bonanza Ledge (proposed mine),
the Cariboo Thompson Gold & Silver Mine
and the Cariboo Hudson Mine.

The Company commenced operations in the Cariboo District in
1994 and since that time has focused on the exploration
and development of its gold properties.

Mineral tenures in the Historic Cariboo Goldfields encompass
approximately 1,065 square km (106,484 hectares) over
a 60 km long by 20 km wide belt.

In the Barkerville Gold Camp, 101 creeks have reported placer gold production.
Recorded gold production from the area totals more than
3.8 million ounces, including an estimated 2.64 million ounces
from placer mining and 1.23 million ounces from lode mining.

Further to the news release of February 10, 2009
whereby the Company announced that it had entered into
an agreement in principle where the Company will purchase
a subsidiary of Cross Lake Minerals Ltd. holding all of
Cross Lake's interest in the QR Mine and Mill,
Cross Lake has announced that on April 7, 2009
the British Columbia Supreme Court has issued an order
(the "Order") providing Cross Lake with an additional period
of protection under the Companies' Creditors Arrangement Act
(the "CCAA") to allow Cross Lake to complete a proposed plan
of compromise and arrangement with its creditors under
the CCAA and the Business Corporations Act
(British Columbia) whereby amongst a number of matters
Cross Lake's interest in the QR Mine and Mill, and all
related equipment, terms deposits and environmental
obligations and liabilities, will be transferred
to its subsidiary.

The Company is continuing to pursue the purchase of
the QR Mine and Mill.

The Company also announces that as a result of the acquisition
from Golden Cariboo subsequent issuance of shares and
further to the press release of March 20, 2009,
the Company will grant incentive stock options to directors,
officers, employees and consultants of the Company to
purchase up to an aggregate of 2,301,161 common shares
instead of the previously announced grant of 2,167,828.

The options are exercisable at a price of $0.45 per share
(instead of $0.41 per share) for a period of five years
from the date of grant.

The technical information in this News Release has been
reviewed and approved by chief geologist Jim Yin, PhD,
P.Geo, a qualified person as defined in
National Instrument 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS

"J. Frank Callaghan"

J. Frank Callaghan
President and CEO

*The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.

You can view the Previous News item: Thu Mar 19, 2009, Closing of Second and Third Tranches of Private Placement

http://news.mining.com/2009/04/09/cross-lake-minerals-ltd-court-approves-calling-of-meeting-of-creditors-to-approve-plan-of-arrangement-and-compromise/

http://investorshub.advfn.com/boards/board.aspx?board_id=6733

[NYBob]

http://investorshub.advfn.com/boards/board.aspx?board_id=6733

[NYBob]

International Wayside Gold Mines Ltd.: Cariboo Gold Camp Consolidation Completed and Update on QR Mine and Mill Proposed Acquisition -

http://investorshub.advfn.com/boards/board.aspx?board_id=6733

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/10/09 -- International Wayside Gold Mines Ltd. (the "Company") (TSX VENTURE: WYG)(FRANKFURT: IWUA) is pleased to announce that the Property Acquisition from Golden Cariboo Resources Ltd. first announced on September 26, 2008 has closed. The Company will pay Golden Cariboo an aggregate of $2,300,000 in cash and shares as follows:

- On the Closing Date of the Transaction $600,000 cash and $600,000 in shares (at a deemed price per share equal to closing on the day preceding the issuance) which results in the issuance of 1,333,333 common shares at a price of $0.45 per share. The shares are subject to a hold period expiring on August 10, 2009;

- On the first anniversary $600,000 in shares (at a deemed price per share equal to closing on the day preceding the further issuance);

- On the second anniversary $500,000 in shares (at a deemed price per share equal to closing on the day preceding the further issuance).

The Cariboo Gold Camp now encompasses (from northwest to south east), the former producing Hardscrabble Tungsten Mine, Mosquito Creek Gold Mine (now on care and maintenance), Aurum Mine, Island Mountain Mine, Cariboo Gold Quartz Mine, Bonanza Ledge (proposed mine), the Cariboo Thompson Gold & Silver Mine and the Cariboo Hudson Mine.

The Company commenced operations in the Cariboo District in 1994 and since that time has focused on the exploration and development of its gold properties. Mineral tenures in the Historic Cariboo Goldfields encompass approximately 1,065 square km (106,484 hectares) over a 60 km long by 20 km wide belt. In the Barkerville Gold Camp, 101 creeks have reported placer gold production. Recorded gold production from the area totals more than 3.8 million ounces, including an estimated 2.64 million ounces from placer mining and 1.23 million ounces from lode mining.

Further to the news release of February 10, 2009 whereby the Company announced that it had entered into an agreement in principle where the Company will purchase a subsidiary of Cross Lake Minerals Ltd. holding all of Cross Lake's interest in the QR Mine and Mill, Cross Lake has announced that on April 7, 2009 the British Columbia Supreme Court has issued an order (the "Order") providing Cross Lake with an additional period of protection under the Companies' Creditors Arrangement Act (the "CCAA") to allow Cross Lake to complete a proposed plan of compromise and arrangement with its creditors under the CCAA and the Business Corporations Act (British Columbia) whereby amongst a number of matters Cross Lake's interest in the QR Mine and Mill, and all related equipment, terms deposits and environmental obligations and liabilities, will be transferred to its subsidiary. The Company is continuing to pursue the purchase of the QR Mine and Mill.

The Company also announces that as a result of the acquisition from Golden Cariboo subsequent issuance of shares and further to the press release of March 20, 2009, the Company will grant incentive stock options to directors, officers, employees and consultants of the Company to purchase up to an aggregate of 2,301,161 common shares instead of the previously announced grant of 2,167,828. The options are exercisable at a price of $0.45 per share (instead of $0.41 per share) for a period of five years from the date of grant.

The technical information in this News Release has been reviewed and approved by chief geologist Jim Yin, PhD, P.Geo, a qualified person as defined in National Instrument 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS

J. Frank Callaghan, President and CEO





The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.

Contacts:

International Wayside Gold Mines Ltd.

J. Frank Callaghan

President and CEO

[phone] or Toll Free: 1-800-663-9688

[phone] (FAX)

Website: www.wayside-gold.com

http://ih.advfn.com/p.php?pid=nmona&cb=1241014710&article=37253418&symbol=TX^WYG


http://investorshub.advfn.com/boards/board.aspx?board_id=6733

[NYBob]

CROSS LAKE MINERAL COM NPV (CRN.TO) -

News Headlines:
http://finance.yahoo.com/q/h?s=CRN.TO

http://investorshub.advfn.com/boards/board.aspx?board_id=6733

The Procon Agreement also outlines the terms of a proposed plan of compromise and arrangement under the CCAA and the BCBCA (the "Arrangement"), which will give effect to the following transactions:

1. Cross Lake's interest in the Porcher Island joint venture, together with all related obligations and liabilities, will be transferred to a newly incorporated wholly-owned subsidiary for shares and a 2% net profits royalty on the Porcher Island property; and

2. Cross Lake's interest in the QR Mine and Mill, and all related equipment, term deposits and environmental obligations and liabilities, will be transferred to a second newly incorporated wholly-owned subsidiary (the "QR Subsidiary") for shares and a 2% net profits royalty on the QR Mine and Mill; and

3. Cross Lake's other residual assets, other than the net profits royalties referred to above, will be transferred for shares to a third newly incorporated wholly-owned subsidiary of Cross Lake.

The provisions of the Arrangement are expected to include Cross Lake voluntarily assigning itself into bankruptcy, as a necessary step to facilitate completion of the Arrangement, and, immediately thereafter, filing a proposal under the BIA, pursuant to which all of the Company's debts and liabilities will be settled and extinguished, other than amounts owing to Procon under the DIP Facility, and the Procon Facility which will be satisfied by the conversion of the Note as set out below. Upon approval of the proposal, the bankruptcy will be annulled.

All outstanding options and warrants of Cross Lake will be cancelled, without any payment therefor. The share capital of Cross Lake will be amended by creating an unlimited number of non-voting shares and an unlimited number of preferred shares, following which the Note will be converted into such number of common shares and non-voting shares of Cross Lake such that, immediately after such conversion, Procon will hold 45% of the common shares of Cross Lake, and will hold 100% of the non-voting shares, for a total of 99.99% of the shares of all classes of Cross Lake then issued and outstanding.

In connection with the restructuring, the name of Cross Lake will be changed to a new name approved by its directors and Procon.
etc. etc.

http://finance.yahoo.com/news/Cross-Lake-Minerals-Ltd-Court-ccn-14892751.html?.v=1

International Wayside Gold Mines Ltd.: Cariboo Gold Camp Consolidation Completed and Update on QR Mine and Mill Proposed Acquisition

* On Friday April 10, 2009, 12:22 am EDT

*
Buzz up!
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 9, 2009) - International Wayside Gold Mines Ltd. (the "Company") (TSX VENTURE:WYG - News; FRANKFURT:IWUA - News) is pleased to announce that the Property Acquisition from Golden Cariboo Resources Ltd. first announced on September 26, 2008 has closed. The Company will pay Golden Cariboo an aggregate of $2,300,000 in cash and shares as follows:

- On the Closing Date of the Transaction $600,000 cash and $600,000 in shares (at a deemed price per share equal to closing on the day preceding the issuance) which results in the issuance of 1,333,333 common shares at a price of $0.45 per share. The shares are subject to a hold period expiring on August 10, 2009;

- On the first anniversary $600,000 in shares (at a deemed price per share equal to closing on the day preceding the further issuance);

- On the second anniversary $500,000 in shares (at a deemed price per share equal to closing on the day preceding the further issuance).

The Cariboo Gold Camp now encompasses (from northwest to south east), the former producing Hardscrabble Tungsten Mine, Mosquito Creek Gold Mine (now on care and maintenance), Aurum Mine, Island Mountain Mine, Cariboo Gold Quartz Mine, Bonanza Ledge (proposed mine), the Cariboo Thompson Gold & Silver Mine and the Cariboo Hudson Mine.

The Company commenced operations in the Cariboo District in 1994 and since that time has focused on the exploration and development of its gold properties. Mineral tenures in the Historic Cariboo Goldfields encompass approximately 1,065 square km (106,484 hectares) over a 60 km long by 20 km wide belt. In the Barkerville Gold Camp, 101 creeks have reported placer gold production. Recorded gold production from the area totals more than 3.8 million ounces, including an estimated 2.64 million ounces from placer mining and 1.23 million ounces from lode mining.

Further to the news release of February 10, 2009 whereby the Company announced that it had entered into an agreement in principle where the Company will purchase a subsidiary of Cross Lake Minerals Ltd. holding all of Cross Lake's interest in the QR Mine and Mill, Cross Lake has announced that on April 7, 2009 the British Columbia Supreme Court has issued an order (the "Order") providing Cross Lake with an additional period of protection under the Companies' Creditors Arrangement Act (the "CCAA") to allow Cross Lake to complete a proposed plan of compromise and arrangement with its creditors under the CCAA and the Business Corporations Act (British Columbia) whereby amongst a number of matters Cross Lake's interest in the QR Mine and Mill, and all related equipment, terms deposits and environmental obligations and liabilities, will be transferred to its subsidiary. The Company is continuing to pursue the purchase of the QR Mine and Mill.

The Company also announces that as a result of the acquisition from Golden Cariboo subsequent issuance of shares and further to the press release of March 20, 2009, the Company will grant incentive stock options to directors, officers, employees and consultants of the Company to purchase up to an aggregate of 2,301,161 common shares instead of the previously announced grant of 2,167,828. The options are exercisable at a price of $0.45 per share (instead of $0.41 per share) for a period of five years from the date of grant.

The technical information in this News Release has been reviewed and approved by chief geologist Jim Yin, PhD, P.Geo, a qualified person as defined in National Instrument 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS

J. Frank Callaghan, President and CEO

The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.
Contact:

J. Frank Callaghan
International Wayside Gold Mines Ltd.
President and CEO
[phone] or Toll Free: 1-800-663-9688
[phone] (FAX)

Website: www.wayside-gold.com

http://investorshub.advfn.com/boards/board.aspx?board_id=6733