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by Stockwatch Business Reporter

The TSX Venture Exchange added 1.13 points to 783.57 Thursday. Peter Hughes's halted capital pool shell, Broome Capital Inc. (BCP), has received approval from the exchange to acquire Claus Andrup's OHG Resources Inc. as its qualifying transaction. The approval has arrived just in time for the shell, which the TSX-V suspended last month for failing to close a QT within 24 months of listing. If the shell fails to close the QT within 90 days, it will transfer to the NEX and be forced to cancel half the escrow position.

Broome, which has 11,531,625 shares outstanding, will issue 1,085,000 shares to the shareholders of OHG, and then change its name to OHG Resources Corp. The target owns the Kirsten molybdenum claims in northwestern British Columbia. The claims lie 163 kilometres south-southeast of Whitehorse in the Yukon. OHG spent $81,940 on exploration in 2013 and $24,998 in 2012. Mr. Andrup, the founder and chief executive officer of OHG, will personally receive 450,000 shares. As well, his family and his holding company will receive a combined 56,000 shares. OHG's founder, however, is occupied elsewhere so he will not join the Broome board or work in management when this QT closes. Mr. Andrup is set to take over as president of another Hughes shell, BHK Resources Inc. (BHK), which hopes to acquire the Ndjole manganese property in Gabon, Africa, as its QT. Canaccord Genuity is working on selling a $4-million private placement at 20 cents for BHK so it can close the deal.

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