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by Stockwatch Business Reporter

The TSX Venture Exchange added 6.50 points to 665.50 Thursday. Joe Tai's halted capital pool shell, CWN Mining Acquisition Corp. (CWN), plans to option the Top gold-silver project in the Yukon from Tony Simon's Yes Exploration Syndicate Inc. as its qualifying transaction.

The shell will pay $160,000 cash and issue $180,000 worth of shares for the property, which Mr. Simon's company staked in 2011 at a cost of about $60,000. The cash and shares are payable over four years. In late 2011, Yes Exploration optioned Top to Hawkeye Gold & Diamond Inc. (HGO: $0.04), which promptly spent some money on field work and found some gold anomalies. Hawkeye was pleased enough with the results, and in July, 2012, said it would buy the property for cash payments of $128,000 in 2012 and $172,000 in 2013. The payment terms were later adjusted but it does not matter because in May, 2013, Mr. Simon served served notice to a cash-strapped Hawkeye that it was late on payments and he was taking back his property. It appears he has finally found a new buyer.

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