<div class="Content_ArticleTextFrame" id="Content_ArticleTextFrame1786">
			October 2, 2009 
The common shares of Yonge Street Capital Corp. have been approved for listing on CNSX. Yonge Street expects to complete shortly its previously announced acquisition of Endeavour Energy (Bengkulu) Pty Ltd. ("EEB"), a private Australian company exploring for oil and gas in Sumatra, Indonesia. In connection with the Transaction, Yonge Street applied to voluntarily delist its common shares from the NEX board of the TSXV and to list the shares of the post- Transaction company on the Canadian National Stock Exchange (CNSX). It is expected that Yonge Street will delist from NEX concurrent with the listing on CNSX. All actions to complete the Transaction have been completed in escrow and the Transaction will automatically complete and be effective upon the delisting from the NEX board. 
In conjunction with the Transaction, Yonge Street is raising gross proceeds of approximately $2,000,000 in a concurrent private placement. Up to 5,720,000 common shares are being offered in the placement at a price of $0.35 per share. Yonge Street has entered into a Standby Purchase Agreement with Lainston Capital Pte. Ltd. ("Lainston"), a Singapore-based investment company, whereby Lainston has agreed to purchase or cause to be purchased all shares offered by Yonge Street that are not taken up by other subscribers. For providing this standby commitment, Lainston is to receive a fee equal to 8% of the total gross proceeds raised in the offering and be issued 1,500,000 transferable warrants, each warrant entitling the holder to purchase one common share for $0.65 per share for a period of 12 months from closing. 
On completion of the Transaction, the Company will continue the business currently conducted by EEB, being an oil and gas company with current ongoing exploration in Indonesia. EEB owns a 100% working interest in the Bengkulu PSC ("Production Sharing Contract") in Sumatra, Indonesia which allows it the rights to explore and exploit the hydrocarbons within the PSC. The Bengkulu PSC covers 4,101.92.94 km2 (1,013,602 acres) and consists of both onshore and offshore portions. The Bengkulu PSC was awarded on October 5, 2005 and is for a period of 30 years. 
Two prospects and one lead have been identified onshore as well as several more structures of interest offshore. Subject to additional funding (in addition to the $2.0 million private placement), the planned work program is to drill 3 onshore wells in early 2010 and to identify offshore well locations to drill in 2011. 
The expected product from successful wells is light crude oil, although gas and NGLs are also possible. 
An independent technical report in compliance with Canadian National Instrument 51- 101 has been prepared on the Bengkulu PSC by Chapman Petroleum Engineering Ltd. of Calgary, AB Canada in which prospective resources are evaluated. A copy of the report will be filed and publicly on SEDAR and the CNSX website in conjunction with the completion of the Transaction. 
No reserves have been assigned to EEB's Bengkulu PSC and there is no guarantee that reserves will be identified thereon. 
Listing and disclosure documents for Yonge Street Capital Corp will be available in the <A class=content href="Page.asp?PageID=2013&amp;AA_RecordID=293&amp;SiteNodeID=211&amp;BL_ExpandID=1391">CNSX Listings Disclosure Hall</A> 
Trading Date: Monday, October 5, 2009 Symbol: ECS CUSIP:986 060 10 1 
 <A class=content href="Page.asp?PageID=122&amp;ContentID=658&amp;SiteNodeID=190&amp;BL_ExpandID=1391">Applications are being accepted for Market Makers for "ECS".</A> 
If you have any questions or require further information please contact Radhika at (416) 572-2000 X 2435 or <A class=content href="mailto:radhika.ramkarran@cnsx.ca">E-mail: radhika.ramkarran@cnsx.ca</A>
			</div>

Ecosse Energy Corp.

2009-0904 - New Listing - Yonge Street Capital Corp. (ECS)

CSE25™

CSE Composite Index®

In this series, we delve deep into the experiences of CSE listed companies, exploring their past successes and future opportunities.

CSE Issuer Spotlight

**Follow us** for the **latest news** from the CSE

 The CSE provides a modern and efficient alternative for companies looking to access the Canadian public capital markets.

The Canadian Securities Exchange (CSE)

Learn how we streamline issuer regulation through enhanced disclosure, practical and effective regulatory oversight, and modern technology.

Listing on the CSE

Learn more about the companies we list and how to get started trading on the CSE.

Investing in Listed Companies

Learn how we lower costs, reduce complexity, and provide market making opportunities for the dealer community.

Trading on the CSE

Whether you’re an investor, business leader, or simply looking to learn more, start your journey with the CSE here.

Get Started

From announcements and market updates to in-depth interviews with company leaders - stay informed with the latest from the CSE.

Latest from the CSE

Discover newly listed companies on the CSE through our series of bite-sized interviews with company leaders.

Get to know our latest listings

Listed Company News

Market Activity

List with the CSE

Find a home for your next big idea.

Frequently Asked Questions

How does being listed on the CSE affect me as a shareholder?

Where do I get information and trade CSE listed securities?

Where can I find an RSS feed for listed company news?

Where is the CSE recognized?

Upcoming Events

join the list

Join our mailing list to receive buy-in notifications

The CSE provides a superior exchange experience by investing in our customers’ success with innovation, dedication, and passion.

Where innovation, passion, and trust intersect

We strive to be the most innovative exchange in Canada. We aim to offer unlimited global access and a customized client-centric experience while delivering the lowest cost of public capital. 

We are Canada's entrepreneurial exchange

The most searched CSE listed companies on thecse.com

Recent Quotes

Get the latest regulatory announcements from the CSE concerning its Listings Policies, Trading Rules and functionality and other important industry developments.

Notices

Get the latest information about new CSE listings, the appointment of Market Makers, market events, and other news.

Bulletins

Stay informed with CSE listed company news, providing transparency and accountability to shareholders and the public.

Company News

Stay Informed

The **total volume** traded on the CSE today is

Connect with our professionals and listing experts at industry events and conferences.