VANCOUVER, Jan. 4, 2013 /CNW/ -
TSX VENTURE COMPANIES:
3MV ENERGY CORP. ("TMV")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 4, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Farmin Proposal Agreement (the "Agreement") between the Company and 1696704 Alberta Ltd. ("Farmco") a Non-Arms Length Party, whereby the Company will acquire all the issued and outstanding shares and warrants of Farmco.
Pursuant to the terms of the Agreement, Farmco paid for the full costs associated with drilling two wells on the Company's Fiske property to earn 75% interest subject to existing royalties. Farmco was also required under the Agreement to conduct a private placement which resulted in the issuance of 3,600,000 units ("Farmco Units") at a price of $0.25 per Farmco Unit. Each Farmco Unit consists of one common share of Farmco ("Farmco Share") and Farmco Share purchase warrant, each exercisable for one Farmco Share at a price of $0.50 for up to 18 months from date of issuance.
Additionally, pursuant to the terms of the Agreement, the Company exchanged one Farmco Unit for one common share unit ("Unit") of the Company. Units will be issued at a deemed price of $0.25 and consist of one common share of the Company ("Share") and Share purchase warrant ("Warrant") with each Warrant exercisable for one Share at a price of $0.50 for up to 18 months from the date of issuance of the Farmco Warrants.
| Insider / Pro Group Participation: | ||||||||||||||
| Insider=Y / | ||||||||||||||
| Name | ProGroup=P | # of Units | ||||||||||||
| Audax Investments Ltd. (Dallas Duce) | Y | 1,800,000 | ||||||||||||
| Gordon W. Marsden | Y | 400,000 | ||||||||||||
| Curtis Schoenfeld | Y | 400,000 | ||||||||||||
| Serpa Ventures Ltd. (Alex Francoeur, Maggie Serpa) | Y | 100,000 | ||||||||||||
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AMERICAN CUMO MINING CORPORATION ("MLY")
[formerly Mosquito Consolidated Gold Mines Limited ("MSQ")]
BULLETIN TYPE: Name Change
BULLETIN DATE: January 4, 2013
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders December 28, 2012, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening, Monday, January 7, 2013, the common shares of American Cumo Mining Corporation will commence trading on TSX Venture Exchange, and the common shares of Mosquito Consolidated Gold Mines Limited will be delisted. The Company is classified as a 'Gold Mining' company.
| Capitalization: | Unlimited | shares with no par value of which | ||||||||||||
| 82,262,446 | shares are issued and outstanding | |||||||||||||
| Escrow: | Nil | |||||||||||||
| Transfer Agent: | Computershare Investor Services Inc. | |||||||
| Trading Symbol: | MLY | (new) | ||||||
| CUSIP Number: | 025308107 | (new) | ||||||
________________________________________
ARGUS METALS CORP. ("AML")
BULLETIN TYPE: Consolidation
BULLETIN DATE: January 4, 2013
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders December 3, 2012, the Company has consolidated its capital on a 20 old for 1 new basis. The name of the Company has not been changed.
Effective at the opening, Monday, January 7, 2013, the common shares of Argus Metals Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration and Development' company.
| Post - Consolidation Capitalization: |
Unlimited |
shares with no par value of which |
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| 3,618,113 | shares are issued and outstanding | |||||||
| Escrow | Nil | shares are subject to escrow | ||||||
| Transfer Agent: | Computershare Trust Company of Canada | |||||||
| Trading Symbol: | AML | (UNCHANGED) | ||||||
| CUSIP Number: | 040270 20 9 | (new) | ||||||
________________________________________
AVATAR ENERGY LTD. ("AVG")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: January 4, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a Sale Agreement dated December 3, 2012 (the "Agreement") with respect to a Binding Letter Agreement dated November 22, 2012 between the Company and Hitic Energy Ltd. (the "Purchaser"), an Arms Length Party, whereby the Company is selling its working interest in properties located in the Pembina Strawberry Creek area, consisting of 4.25 gross sections and 3.75 net sections of Cardium formation oil bearing acreage in the Pembina area of Alberta. In consideration, the Purchaser will pay $1,717,253.37 in cash.
Additionally, the Exchange acknowledges that the Company will pay CB Securities Inc., an Arm's Length Party, a finder's fee of $42,931.33 for services provided as financial advisor to the board of directors with respect to the Company strategic review process.
| Insider / Pro Group Participation: | None | |||
For further information please refer to the Company's press release dated December 4, 2012.
________________________________________
BACANORA MINERALS LTD. ("BCN")
BULLETIN TYPE: Halt
BULLETIN DATE: January 4, 2013
TSX Venture Tier 2 Company
Effective at 9:31 a.m. PST, January 4, 2013, trading in the shares of the Company was halted at the request of the Company, pending news. This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.
________________________________________
BACANORA MINERALS LTD. ("BCN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: January 4, 2013
TSX Venture Tier 2 Company
Effective at 10:45 a.m., PST, January 4, 2013, shares of the Company resumed trading, an announcement having been made.
________________________________________
BROOME CAPITAL INC. ("BCP.O")
BULLETIN TYPE: Halt
BULLETIN DATE: January 4, 2013
TSX Venture Tier 2 Company
Effective at 9:08 a.m. PST, January 4, 2013, trading in the shares of the Company was halted at the request of the Company, pending news. This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.
________________________________________
CREAM MINERALS LTD. ("CMA")
BULLETIN TYPE: Warrant Term Extension, Warrant Price Reduction, Correction
BULLETIN DATE: January 4, 2012
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated December 24, 2012, the following information is corrected:
| New Expiry Date of Warrants: | December 20, 2013 | ||||||
All other details remain unchanged.
________________________________________
DIADEM RESOURCES LTD. ("DRL.H")
[formerly Diadem Resources Ltd. ("DRL")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: January 4, 2013
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening on Monday, January 7, 2013, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Toronto to NEX.
As of January 7, 2013, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.
The trading symbol for the Company will change from DRL to DRL.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.
Further to the TSX Venture bulletin dated October 3 , 2012, trading in the shares of the Company will remain suspended. Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
_______________________________________
DUNCASTLE GOLD CORP. ("DUN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 4, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 21, 2012:
| Number of Shares: | 2,440,000 flow-through shares | ||||||
| Purchase Price: | $0.05 per flow-through share | ||||||
| Warrants: | 1,220,000 share purchase warrants to purchase 1,220,000 shares | ||||||
| Warrant Exercise Price: | $0.10 for a three year period | ||||||
| Number of Placees: | 3 placees | ||||||
| Finder's Fee: | 127,200 shares and 212,000 warrants payable to Wolverton Securities Ltd. |
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Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly.
________________________________________
ELISSA RESOURCES LTD. ("ELI")
BULLETIN TYPE: Halt
BULLETIN DATE: January 4, 2013
TSX Venture Tier 2 Company
Effective at 8:38 a.m. PST, January 4, 2013, trading in the shares of the Company was halted at the request of the Company, pending news. This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.
________________________________________
ELISSA RESOURCES LTD. ("ELI")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: January 4, 2013
TSX Venture Tier 2 Company
Effective at 12:45 p.m., PST, January 4, 2013, shares of the Company resumed trading, an announcement having been made.
________________________________________
FRONTLINE TECHNOLOGIES INC. ("FLC")
BULLETIN TYPE: Halt
BULLETIN DATE: January 4, 2013
TSX Venture Tier 2 Company
Effective at 12:01 p.m. PST, January 4, 2013, trading in the shares of the Company was halted for failure to Maintain Exchange Requirements; this regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.
________________________________________
GREAT ATLANTIC RESOURCES CORP. ("GR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 4, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the First Tranche of a Non-Brokered Private Placement announced December 20, 2012:
| Number of Shares: | 1,488,451 shares | ||||||
| Purchase Price: | $0.10 per share | ||||||
| Warrants: | 1,488,451 share purchase warrants to purchase 1,488.451 shares | ||||||
| Warrant Exercise Price: | $0.12 for a one year period | ||||||
| Number of Placees: | 7 placees | ||||||
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. [Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.]
________________________________________
HIGH DESERT GOLD CORPORATION ("HDG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 4, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 28, 2012:
| Number of Shares: | 15,580,000 shares | ||||||
| Purchase Price: | $0.18 per share | ||||||
| Number of Shares: | 4,120,000 units | ||||||
| Purchase Price: | $0.20 per unit | ||||||
| Warrants: | 4,120,000 share purchase warrants to purchase 4,120,000 shares | ||||||
| Warrant Exercise Price: | $0.23 for a three year period | ||||||
| Number of Placees: | 2 placees | ||||||
| Insider / Pro Group Participation: | ||||||||
| Insider=Y / | ||||||||
| Name | ProGroup=P / | # of Shares | ||||||
| South American Silver Corp. | Y | 15,580,000 | ||||||
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. [Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.]
________________________________________
KENT EXPLORATION INC. ("KEX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 4, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the First Tranche of a Non-Brokered Private Placement announced December 31, 2012:
| Number of Shares: | 1,325,000 shares | ||||||
| Purchase Price: | $0.10 per share | ||||||
| Warrants: | 662,500 share purchase warrants to purchase 662,500 shares | ||||||
| Warrant Exercise Price: | $0.15 for a two year period | ||||||
| Number of Placees: | 6 placees | ||||||
| Insider / Pro Group Participation: | ||||||||
| Insider=Y / | ||||||||
| Name | ProGroup=P / | # of Shares | ||||||
| Graeme O'Neill | Y | 555,000 | ||||||
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. [Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.]
________________________________________
LGX OIL + GAS INC. ("OIL")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: January 4, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced July 12, 2012:
| Number of Units: | 6,000,000 units on post-consolidation basis | ||||||
| Each unit ("Unit") is comprised of one common share and one common share purchase warrant. |
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| Purchase Price: | $1.00 per Unit on post-consolidation basis | ||||||
| Warrants: | 6,000,000 share purchase warrants to purchase 6,000,000 shares on post-consolidation basis |
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| Warrant Exercise Price: | $1.30 for a period of three years from date of issuance | ||||||
| Number of Placees: | 122 placees | ||||||
| Insider / Pro Group Participation: | ||||||||
| Insider=Y / | ||||||||
| Name | ProGroup=P / | # of Units | ||||||
| J. M. Pasieka, Inc. (J.M. Pasieka) | Y | 200,000 | ||||||
| James Welykochy | Y | 50,000 | ||||||
| Mark Oliver | Y | 20,000 | ||||||
| Curtis Labelle | Y | 25,000 | ||||||
| William Wee | Y | 10,000 | ||||||
| Curt Ziemer | Y | 43,000 | ||||||
| Trent Yanko | Y | 300,000 | ||||||
| Neil Roszell | Y | 100,000 | ||||||
| Chris Bloomer | Y | 100,000 | ||||||
| Matt Janisch | Y | 100,000 | ||||||
| Kevin Overstrom | P | 50,000 | ||||||
| Sylvie Pouliot | P | 40,000 | ||||||
| Penny Walker | P | 5,000 | ||||||
| Stephen Calderwood | P | 10,000 | ||||||
| Trevor Anderson | P | 40,000 | ||||||
| Neil Duffy | P | 40,000 | ||||||
| Nicholas Johnson | P | 40,000 | ||||||
| Nathan Normandin | P | 40,000 | ||||||
| Shane Fildes | P | 40,000 |
| Finder's Fee: | $98,542 cash payable to GMP Securities L.P. | ||||||
| $98,542 cash payable to Macquarie Capital Markets Canada Ltd. | |||||||
| $98,542 cash payable to First Energy Capital Corp. | |||||||
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MEGAL CAPITAL CORPORATION ("MGL.P")
BULLETIN TYPE: Remain Halted - Qualifying Transaction
BULLETIN DATE: January 4, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated December 20, 2012, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation pursuant to TSXV Policy 2.4 regarding the Qualifying Transaction.
This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange, pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.
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MULTIMEDIA NOVA CORPORATION ("MNC.A")
BULLETIN TYPE: Halt
BULLETIN DATE: January 4, 2013
TSX Venture Tier 2 Company
Effective at 12:44 p.m. PST, January 4, 2013, trading in the shares of the Company was halted at the request of the Company, pending news. This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.
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PETROMANAS ENERGY INC. ("PMI")
GALLIC ENERGY LTD. ("GLC")
BULLETIN TYPE: Plan of Arrangement, Delist-Offer to Purchase
BULLETIN DATE: January 4, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has accepted for filing documentation pursuant to a Court approved Plan of Arrangement (the "Arrangement") between Petromanas Energy Inc. (the "Company") and Gallic Energy Ltd. ("Gallic"). Approval of the Arrangement was obtained from shareholders and warrantholders of Gallic at an Annual and Special Meeting of Shareholders held on December 13, 2012. Pursuant to the terms of the Arrangement, shareholders of Gallic received 0.3736 of a common share of the Company ("Shares") for each class A common share of Gallic ("Gallic Share") held. In addition, Gallic warrantholders will receive replacement warrants of the Company ("Replacement Warrants") exercisable for that number of Shares equal to the number of Gallic Shares which were otherwise issuable upon the exercise of the Gallic warrants. Accordingly, 62,653,259 Shares were issued and Replacement Warrants exercisable for an aggregate of 26,581,640 Shares were issued.
Effective at the close of business, Friday, January 4, 2013, the Gallic Shares will be delisted from the Exchange and the shares of Petromanas Energy Inc. will remain trading.
For further information please refer to the information circular dated October 30, 2012 and the Company's news release dated December 31, 2012.
________________________________________
RAINBOW RESOURCES INC. ("RBW")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 4, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an Purchase and Sale Agreement (the "Agreement") dated December 26, 2012, between Rainbow Resources Inc. (the "Company"), and an arm's length party (the "Vendor"), whereby the Company can acquire a 100% undivided right, title and interest in 19 patented mineral claims (the "Property"), located in Eureka, Nevada.
Under the terms of the Agreement, the Company will earn a 100% interest in the Property by making a $75,000 cash payment and issuing 500,000 common shares to the Vendor.
For further details, please refer to the Company's news release dated December 4, 2012.
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ROCKCLIFFE RESOURCES INC. ("RCR")
BULLETIN TYPE: Private Placement- Non-Brokered
BULLETIN DATE: January 4, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 12, 2012:
| Number of Shares: | 1) 10,560,000 flow-through shares | ||||||
| 2) 3,800,000 non-flow-through shares | |||||||
| Purchase Price: | 1) $0.05 per flow-through share | ||||||
| 2) $0.05 per non-flow-through share | |||||||
| Warrants: | 9,080,000 share purchase warrants to purchase 9,080,000 shares | ||||||
| Warrant Exercise Price: | $0.10 for an eighteen month period | ||||||
| Number of Placees: | 43 placees | ||||||
| Finder's Fee: | an aggregate of $37,695, plus 753,900 finder's warrants (each exercisable into one common share at a price of $0.10 for an eighteen month period) is payable to PI Financial Corp., Foster & Associates, Gundyco and All Group Financial Services. |
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Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
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SOURCE: TSX Venture Exchange
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