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by Stockwatch Business Reporter

The TSX Venture Exchange fell 1.59 points to 671.57 Tuesday. David Shaw's halted capital pool shell, Albion Petroleum Ltd. (ABP), expects to complete its acquisition of Chris Osterman's Sundance Minerals Ltd., a Mexican base and precious metals explorer, by March 31, 2015.

Albion plans to roll back its shares 1:4, which will leave it with 2,692,125 postconsolidated shares, and then issue approximately 45.7 million postconsolidated shares to the shareholders of Sundance, after which the shell will change its name to First Mining Finance Corp. The largest shareholder will become Keith Neumeyer's Mexican silver producer, First Majestic Silver Corp. (FR: $7.77), which will receive 14,509,279 shares. First Majestic optioned five silver exploration projects in Mexico -- including Penasco Quemado, La Frazada and Los Lobos -- to Sundance last July. Sundance now has a portfolio of nearly 20 projects, mostly in Mexico (there is also one, Turquoise Canyon, in Nevada). First Majestic's president, former broker Mr. Neumeyer, will become chairman of Albion and receive 2,604,554 shares when this QT closes.

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