"Subject to the final exchange bulletin to be disseminated by the TSX Venture Exchange, trading in Lucrum's shares is anticipated to resume on the TSX Venture Exchange under the symbol LRU on Sept. 3, 2008."

Post-PP there will be only 17,135,808 shares of LRU outstanding. SGX has 672k (3.9%) shares of LRU right now... SGX has option to acquirer anoth 1.8 million shares of LRU for just under 27 cents each. That would total SGX shares of LRU to just over 2.5 million OR 12.9% of LRU.. also give LR another 500k for exploration of Kerrs. FYI.. latest LRU PP done at 40 cents... what will LRU open at on Sept 3?... IMO will be thinly traded but likely higher than 40 cents.

Everything going as planned. Good news. Good work SGX.

red911

Lucrum completes qualifying transaction with SOR

2008-08-29 11:55 ET - News Release

Mr. Robert Hanson reports

LUCRUM CAPITAL CORP. COMPLETES QUALIFYING TRANSACTION WITH SHELTERED OAK RESOURCES INC.

Lucrum Capital Corp. has completed its qualifying transaction with Sheltered Oak Resources Inc. (SOR) on Aug. 28, 2008.

The qualifying transaction, which was previously announced by Lucrum in Stockwatch Jan. 23, 2008, and June 2, 2008, was completed by way of a three-cornered amalgamation among Lucrum, SOR and a wholly owned subsidiary of Lucrum whereby Lucrum issued a total of 10,135,808 common shares to the shareholders of SOR.

Subject to the final exchange bulletin to be disseminated by the TSX Venture Exchange, trading in Lucrum's shares is anticipated to resume on the TSX Venture Exchange under the symbol LRU on Sept. 3, 2008.

The officers and directors of Lucrum are as follows:

Robert Hanson, president, chief executive officer and corporate secretary
Patrick Morris, chief financial officer
John Angus, director
Norman Betts, director
Ken Hight, director
Peter Hubacheck, director

Private placement

In connection with the qualifying transaction, Lucrum completed a private placement consisting of: (i) a brokered portion of 1,225,000 flow-through common shares in the capital of Lucrum at 40 cents per FT share and 455,000 non-flow-through common shares in the capital of Lucrum at 40 cents per NFT share; and (ii) a non-brokered portion of 297,500 FT shares in the capital of Lucrum at 40 cents per FT share and 522,500 NFT in the capital of Lucrum at 40 cents per NFT share for total gross proceeds of $1-million.

In connection with the private placement, Lucrum has paid to Canaccord Capital Corporation a cash commission equal to 8 per cent of total gross proceeds raised from subscriptions for the FT shares and NFT shares pursuant to the brokered private placement and issued to the agent non-flow-through common share purchase warrants of Lucrum equal to 8 per cent of the total number of the FT shares and NFT shares subscribed for by the subscribers pursuant to the brokered private placement, with each agent's warrant exercisable into one NFT share in the capital of Lucrum at a price of 40 cents per agent's warrant share for a period of one year from closing of the brokered private placement. In addition, Lucrum has paid to the agent an administration fee in connection with the brokered private placement.

Lucrum has paid to Deacon & Company Capital Markets Inc. a cash commission equal to 8 per cent of total gross proceeds raised from subscriptions for the FT shares and NFT shares from the subscribers introduced to Lucrum by the finder pursuant to the non-brokered private placement; and issued to the finder non-flow-through common share purchase options of Lucrum equal to 8 per cent of the total number of the FT shares and NFT shares subscribed for by the subscribers introduced to Lucrum by the finder pursuant to the non-brokered private placement, with each finder's option exercisable into one NFT share in the capital of Lucrum at a price of 40 cents per finder's option share for a period of one year from closing of the non-brokered private placement.

The FT shares, the NFT shares, agent's warrants, the agent's warrant shares, the finder's options and the finders' option shares are subject to a hold period until Dec. 29, 2008, in accordance with policies of the TSX Venture Exchange.

Following the completion of the qualifying transaction (including the private placement) there were 17,135,808 issued and outstanding common shares of Lucrum. Of the 17,135,808 issued and outstanding common shares, 7,319,519 will be subject to escrow.

Principal shareholders

In connection with the qualifying transaction, Robert Hanson acquired 1,482,758 common shares directly, Telfer Hanson acquired 302,632 common shares directly, RKH Limited acquired 457,684 common shares directly and Thames Capital (Bermuda) Ltd. acquired 1,689,800 common shares directly. Robert Hanson, Telfer Hanson, RKH Limited and Thames Capital (Bermuda) Ltd. acquired in total 3,932,874 common shares which represents 23 per cent of the 17,135,808 outstanding common shares. Telfer Hanson holds 40 per cent of the outstanding shares of RKH Limited and 50 per cent of the outstanding shares of Thames Capital (Bermuda) Ltd. Robert Hanson owns 20 per cent of the outstanding shares of RKH Limited and 50 per cent of the outstanding shares of Thames Capital (Bermuda) Ltd. Telfer Hanson and Robert Hanson are also directors and officers of both RKH Limited and Thames Capital (Bermuda) Ltd. Further information required by securities legislation is available in early warning reports dated Aug. 29, 2008, filed by Robert Hanson and Telfer Hanson, respectively on SEDAR.

For more information regarding the private placement, the qualifying transaction, or SOR please refer to the filing statement filed by Lucrum on Aug. 18, 2008, on SEDAR.

About Sheltered Oak Resources

Sheltered Oak is an Ontario corporation with its head office located in Oakville, Ont. Sheltered Oak is a junior mineral exploration corporation which has an option to acquire a 55-per-cent interest in and to the Kerrs property which consists of 43 unpatented mining claims and 12 mining leasehold patents located in the Matheson area of Ontario.