TSX VENTURE SHORT POSITIONS (May 24, 2010)

Short positions outstanding at Apr. 30/10 (with changes from Apr. 15/10).

Largest short positions
Southern Pacific Res STP 5385049 5337649
New Millennium Cptl NML 2301800 2301328
Avion Gold AVR 2113400 60900
Romarco Minerals R 1864400 -528699
Midway Gold MDW 1264223 1258223
San Gold SGR 1261900 331100
Terrane Metals TRX 1257691 -3498360
Rocmec Mining RMI 1235000 1235000
Pinnacle Mines PNL 1088000 494088
Sandstorm Resources SSL 1012816 -208184
Spider Resources SPQ 948771 -35000
Boxxer Gold BXX 933224 933224
Noront Resources NOT 897500 120500
Advanced Explorations AXI 834700 834700
Rainy River Resources RR 796200 11500
Largest increase in short position
Southern Pacific Res STP 5385049 5337649
New Millennium Cptl NML 2301800 2301328
Midway Gold MDW 1264223 1258223
Rocmec Mining RMI 1235000 1235000
Boxxer Gold BXX 933224 933224
Largest decrease in short position
Terrane Metals TRX 1257691 -3498360
Iberian Minerals IZN 0 -1502000
Eagle Hill Exploration EAG 0 -750100
Pan American Lithium PL 20500 -601500
La Quinta Resources LAQ 0 -550000
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