VANCOUVER, July 30, 2013 /CNW/ -
TSX VENTURE COMPANIES:
ALCHEMIST MINING INC. ("AMS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the second and final tranche of a Non-Brokered Temporary Relief Measure Private Placement announced March 11, 2013, March 22, 2013 and April 18, 2013:
| Number of Shares: | 400,000 shares |
| Purchase Price: | $0.025 per share |
| Warrants: | 200,000 share purchase warrants to purchase 200,000 shares |
| Warrant Exercise Price: | $0.07 for a one year period |
| $0.10 in the second year | |
| The warrants are subject to a 30-day forced exercise provision in the event the Company's shares trade at $0.10 or higher in the first years for ten consecutive trading days and at $0.15 or higher in the second years for ten consecutive trading days. |
|
| Number of Placees: | 1 placee |
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.
________________________________________
ALIX RESOURCES CORP. ("AIX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Temporary Relief Measure Private Placement announced April 22, 2013:
| Number of Shares: | 5,950,033 shares | |
| Purchase Price: | $0.03 per share | |
| Warrants: | 2,975,016 share purchase warrants to purchase 2,975,016 shares | |
| Warrant Exercise Price: | $0.06 for a one year period | |
| Number of Placees: | 12 placees | |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| England Communications Ltd. (Michael England) | Y | 1,000,000 |
| Mike England | Y | 700,000 |
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.
________________________________________
AMERICAN MANGANESE INC. ("AMY")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: July 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 266,000 shares at a deemed price of $0.05 per share to settle outstanding debt for $13,300.
| Number of Creditors: | 1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
CANADA ZINC METALS CORP. ("CZX")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: July 30, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has been advised by the Company that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated July 26, 2013, it may repurchase for cancellation, up to 7,114,957 shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange during the period August 1, 2013 to July 31, 2014. Purchases pursuant to the bid will be made by Patrick Lecky at Canaccord Genuity Corp. on behalf of the Company.
________________________________________
CARDIOCOMM SOLUTIONS, INC. ("EKG")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: July 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 27,129 shares in consideration of certain services provided to the Company in the months of May, June and July of 2013 for the total consideration of $4,500 pursuant to an agreement dated January 11, 2013. Further, the Company will issue 350,000 shares at a deemed value of $0.15 per share in consideration of certain services provided to the Company for the total consideration of $52,500 pursuant to a separate agreement dated January 4, 2013.
| Insider / Pro Group Participation: | ||||
| Insider=Y / | Amount | Deemed Price | ||
| Creditor | Progroup=P | Owing | per Share | # of Shares |
| Simi Grosman | Y | $1,500 | $0.152 | 9,868 |
| Simi Grosman | Y | $1,500 | $0.168 | 8,928 |
| Simi Grosman | Y | $1,500 | $0.18 | 8,333 |
The Company shall issue a news release when the shares are issued.
________________________________________
COMSTOCK METALS LTD. ("CSL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 15, 2013:
| First Tranche: | |
| Number of Shares: | 3,141,177 flow-through shares |
| 330,000 non flow-through shares | |
| Purchase Price: | $0.17 per flow-through share |
| $0.15 per non flow-through share | |
| Warrants: | 165,000 share purchase warrants under non flow-through units to purchase 165,000 shares |
| Warrant Exercise Price: | $0.30 for a two year period |
| Number of Placees: | 7 placees |
| Finder's Fee: | $27,000 cash payable to Marquest Capital Markets |
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.
________________________________________
ELM TREE MINERALS INC. ("ETM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 30, 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 July 15, 2013:
| Number of Shares: | 1,150,000 shares |
| Purchase Price: | $0.10 per share |
| Warrants: | 575,000 share purchase warrants to purchase 575,000 shares |
| Warrant Exercise Price: | $0.20 for an 18 month period, subject to an acceleration clause. |
| Number of Placees: | 14 placees |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Lorne Mann | Y | 50,000 |
| Patrick Foseille | Y | 110,000 |
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.]
________________________________________
GENOIL INC. ("GNO")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement, Amendment
BULLETIN DATE: July 30, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated December 31, 2010, the Bulletin should have read as follows:
TSX Venture Exchange has accepted for filing documentation pursuant to a Share Purchase Agreement dated November 25, 2010 (the "Agreement") between the Company and an arm's length party (the "Vendor"). As per the terms of the Agreement, the Company has acquired 100% interest in Two Hills Environmental Inc. ("Two Hills") from the Vendor, which includes surface title to 147 acres of land together with certain subsurface mineral rights contained within 2,500 adjacent acres. In consideration the Company will paid an aggregate consideration composed of $100,000 cash, issued 2,500,000 common shares ("Shares") at a deemed issue price of $0.295 per Share, and 250,000 warrants ("Warrants") to the Vendor. Each Warrant is exercisable at a price of $0.295 per Share until November 17, 2013. Additionally, the Company issued 2,500,000 Shares at a deemed price of $0.295 per Share ("Settlement Shares") to satisfy a debtor and litigant against Two Hills (the "Settlement"). In connection with the Settlement, the debtor and litigant directed 1,000,000 Settlement Shares to be issued to an Insider of the Company and the remaining Settlement Shares were directed to be issued to an arm's length third party, as consideration for the purchase of their jointly held building.
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Mr. Tom Bugg | Y | 1,000,000 |
________________________________________
GLOBAL COBALT CORPORATION ("GCO")
BULLETIN TYPE: Private Placement-Brokered; Private Placement - Non-Brokered
BULLETIN DATE: July 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Brokered and Non-Brokered Private Placement announced June 17, 2013 and July 8, 2013:
| BROKERED PRIVATE PLACEMENT | |
| Number of Shares: | 1,136,364 shares |
| Purchase Price: | $0.11 per share |
| Warrants: | 1,136,364 share purchase warrants to purchase 1,136,364 shares |
| Warrant Exercise Price: | $0.14 for a two year period |
| Number of Placees: | 1 placee |
| NON-BROKERED PRIVATE PLACEMENT | |
| Number of Shares: | 477,273 shares |
| Purchase Price: | $0.11 per share |
| Warrants: | 477,273 share purchase warrants to purchase 477,273 shares |
| Warrant Exercise Price: | $0.14 for a two year period |
| Number of Placees: | 1 placee |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Aggregate Pro Group Involvement | P | 477,273 |
| [1 placee] |
| Agent's Fee: | $10,000 payable to Euro Pacific Canada Inc., with 90,909 warrants exercisable at $0.11 for two years |
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.
________________________________________
GOLDSTRIKE RESOURCES LTD. ("GSR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a purchase agreement dated July 25, 2013 (the 'Agreement') between the Company and Durango Resources Inc. and Blair Naughty (collectively, the 'Vendors'). Pursuant to the terms of the Agreement, the Company has agreed to purchase a 100% interest in 35 mineral claims known at the Strike Property in the Yukon Territory. By way of consideration, the Company will pay $20,000 in cash and issue 225,000 shares to the Vendors.
Please refer to the Company's news release dated July 26, 2013 for further details.
________________________________________
INDICO RESOURCES LTD. ("IDI")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: July 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 21, 2013:
| SECOND TRANCHE: | |
| Convertible Debenture | $925,230.90 |
| Conversion Price: | Convertible into units consisting of one common share and one common share purchase warrant at $0.11 of principal outstanding. |
| Maturity date: | One year |
| Warrants | Each warrant will have a term of two years from the date of issuance of the notes and entitle the holder to purchase one common share. The warrants are exercisable at the price of $0.16 for a 24 month period from the date of conversion. |
| Interest rate: | 8% per annum increasing to 12% per annum under certain conditions |
| Number of Placees: | one placee |
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.
________________________________________
KINCORA COPPER LIMITED ("KCC")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: July 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 4,350,000 shares to settle outstanding debt for $217,500.
| Number of Creditors: | 1 Creditor |
| Insider / Pro Group Participation: | ||||
| Insider=Y / | Amount | Deemed Price | ||
| Creditor | Progroup=P | Owing | per Share | # of Shares |
| Origo Partners plc | Y | $217,500 | $0.05 | 4,350,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
METANOR RESOURCES INC. ("MTO")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: July 30, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Brokered Private Placement announced on May 30, 2013:
| Number of Shares: | 19,615,150 flow-through common shares and 10,000,000 common shares |
| Purchase Price: | $0.10 per flow-through common share and common share |
| Number of Placees: | 36 Placees |
| Insider / Pro Group Participation: | ||
| Name | Insider = Y / | Number |
| Pro Group = P | of shares | |
| Serge Roy | Y | 500,000 |
| Ghislain Morin | Y | 500,000 |
| Robert Bryce | Y | 100,000 |
| Aggregate Pro Group Involvement [2 placees] |
P | 400,000 |
| Agents: | Marquest Capital Markets |
| Agents' Fee: | 8.5% of the gross proceeds in cash |
The Company has confirmed the closing of the Private Placement by way of press releases dated May 30, 2013 and June 14, 2013.
RESSOURCES MÉTANOR INC. (« MTO »)
TYPE DE BULLETIN : Placement privé par l'entremise d'un courtier
DATE DU BULLETIN : Le 30 juillet 2013
Société du groupe 1 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé par l'entremise d'un courtier, tel qu'annoncé le 30 mai 2013 :
| Nombre d'actions : | 19 615 150 actions ordinaires accréditives et 10 000 000 d'actions ordinaires |
| Prix : | 0,10 $ par action ordinaire accréditive et par action ordinaire |
| Nombre de souscripteurs : | 36 souscripteurs |
| Participation Initié / Groupe Pro : | |||
| Nom | Initié = Y / Groupe Pro = P |
Nombre d'actions |
|
| Serge Roy | Y | 500 000 | |
| Ghislain Morin | Y | 500 000 | |
| Robert Bryce | Y | 100 000 | |
| Membres du Groupe | P | 400 000 | |
| "Pro" (2) | |||
| Agents : | Marquest Capital Markets |
| Commission aux agents : | 8,5 % du produit brut en espèces |
La société a confirmé la clôture du placement privé par voie de communiqués de presse datés des 30 mai et 14 juin 2013.
___________________________________________
MOSAIC CAPITAL CORPORATION ("M") ("M.PR.A")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: July 30, 2013
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
| Dividend per Common Share (Symbol: M): | $0.03 |
| Dividend per Preferred Security (Symbol: M.PR.A) | $0.0833 |
| Payable Date: | August 15, 2013 |
| Record Date: | July 31, 2013 |
| Ex-Dividend Date: | July 31, 2013 |
Mosaic Capital Corporation has declared a dividend of $0.03 per common share and $0.0833 per Preferred Security both payable August 15, 2013 to shareholders of record July 31, 2013. Both the Common shares and Preferred Security should have commenced trading on an ex-dividend basis but due to late notification from the Company have been trading on a cum-dividend basis and will commence trading on TSXV on an ex-dividend basis effective from the opening on
July 31, 2013. Holders including purchasers of the Common shares and Preferred Securities on TSXV on or before July 30, 2013 should maintain a record of brokers that sold them the Common shares and Preferred shares in order to enable such holders to claim the dividend. (Symbol: M & M.PR.A).
________________________________________
NORTHERN SUPERIOR RESOURCES INC. ("SUP")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 30, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing a Property Option Agreement dated July 9, 2013 between Northern Superior Resources Inc. (the Company) and Marc Bouchard and G.L. Geoservices Inc. (Gilbert Lamothe, the 'Vendors') whereby the Company has been granted an option to acquire a 100% interest in the Grizzly gold property (148 claims, 8,100 hectares) located near Chibougamou, Quebec. Consideration is $335,000 cash, 1,000,000 common shares and $1,700,000 in exploration expenditures within a 5 year period. The property is subject to a 1% NSR with the Company retaining the right to purchase one-half or 0.5% for $1,500,000 cash.
________________________________________
OAKHAM CAPITAL CORP. ("OKM.H")
[formerly Oakham Capital Corp. ("OKM.P")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Reinstated for Trading
BULLETIN DATE: July 30, 2013
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.4, Capital Pool Companies, the Company has not completed a Qualifying Transaction within the prescribed time frame. Therefore, effective at the opening on Wednesday, July 31, 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 Vancouver to NEX. As of July 31, 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 OKM.P to OKM.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 Exchange Bulletin dated May 3, 2013, the Company has applied for reinstatement to trading.
Effective at the opening on Wednesday, July 31, 2013, trading will be reinstated in the securities of the Company (CUSIP 672197 10 0).
__________________________________
PELE MOUNTAIN RESOURCES INC. ("GEM")
BULLETIN TYPE: Private Placement-Non-Brokered, Correction
BULLETIN DATE: July 30, 2013
TSX Venture Tier 2 Company
Further to our bulletin dated July 15, 2013, the bulletin should have read as follows:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 24, 2013:
| Number of Shares: | 1) 7,912,952 flow through shares |
| 2) 1,240,000 non flow through shares | |
| Purchase Price: | 1) $0.07 per flow through share |
| 2) $0.05 per non flow through share | |
| Warrants: | 1) 3,956,476 share purchase warrants to purchase 3,956,476 shares |
| 2) 1,240,000 share purchase warrants to purchase 1,240,000 shares | |
| Warrant Exercise Price: | 1) $0.15 for a one year period |
| 2) $0.10 for an eighteen month period | |
| Number of Placees: | 17 placees |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Peter Dimmell | Y | 79,285 |
| Alan Shefsky | Y | 378,500 |
| Steven Cohen | Y | 76,599 |
| Martin Cooper | Y | 40,000 |
| Steven Rukavina | Y | 150,000 |
| Finder's Fee: | an aggregate of $21,170, plus 235,000 finder's warrants - each exercisable into one common share at a price of $0.10 for a period of eighteen months, payable to Secutor Capital Management Corporation and Canaccord Genuity Corp. |
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.
________________________________________
PETROLIA INC. ("PEA")
BULLETIN TYPE: Private Placement- Brokered
BULLETIN DATE: July 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Brokered Private Placement announced on June 19, 2013:
| Number of Shares: | 1,428,572 common shares |
| Purchase Price: | $0.70 per common share |
| Warrants: | 714,286 warrants to purchase 714,286 common shares |
| Warrant Exercise Price: | $1.00 per share for a period of 36 months following the closing of the Private Placement |
| Number of Placees: | 5 placees |
| Agent's Commission: | A total of $70,000.03 has been paid in cash to Laurentian Bank Securities Inc. |
The Company has confirmed the closing of the above-mentioned Private Placement via the issuance of a press release dated July 10, 2013.
PÉTROLIA INC. (« PEA »)
TYPE DE BULLETIN : Placement privé par l'entremise d'un courtier
DATE DU BULLETIN : Le 30 juillet 2013
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé par l'entremise d'un courtier, tel qu'annoncé le 19 juin 2013 :
| Nombre d'actions : | 1 428 572 actions ordinaires |
| Prix : | 0,70 $ par action ordinaire |
| Bons de souscription : | 714 286 bons de souscription permettant d'acquérir 714 286 actions ordinaires |
| Nombre de souscripteurs : | 5 souscripteurs |
| Commission d'agent : | Un total de 70 000,03 $ a été payé en espèces à Valeurs Mobilières Banque Laurentienne inc. |
La société a confirmé la clôture du placement privé mentionné ci-dessus par voie de l'émission d'un communiqué de presse daté du 10 juillet 2013.
__________________________________
REVOLVER RESOURCES INC. ("RZ")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Option Agreement dated May 17, 2013 between Revolver Resources Inc. (the "Company") and Pistol Bay Mining Inc. ("Pistol Bay"), whereby the Company can acquire up to a 60% interest in the Summit "B" property in Northwestern BC, (the "Property"), subject to an underlying 2.0% NSR to the original owner.
In consideration of the Option, the Company will:
Pay $500,000 in cash to Pistol Bay over a two year period, as follows:
- $25,000 on May 17, 2013 (the "Effective Date");
- $75,000 on Exchange acceptance;
- $200,000 on or before one year from the Effective Date;
- $200,000 on or before two years from the Effective Date;
Issue 4,000,000 common shares of the Company to Pistol Bay over the two year period, as follows:
- 2,000,000 shares on Exchange acceptance;
- 1,000,000 on or before one year from the Effective Date;
- 1,000,000 on or before two years from the Effective Date;
Spend $2,500,000 in Exploration expenditures on the property over a three year period:
- $250,000 on or before one year from the Effective Date;
- $750,000 on or before two years from the Effective Date; and
- $1,500,000 on or before three years from the Effective Date.
The Company will pay a finder's fee in connection with the transaction to Bateman Financial Ltd. (Ryan Bateman, sole director) in the amount of $60,000 cash or 1,200,000 shares, at the finder's discretion.
Further information on the transaction is available in the Company's news releases dated May 17, 2013, June 14, 2013 and July 29, 2013.
| CASH | SHARES | WORK EXPENDITURES | ||
| Pistol Bay Mining Inc. | $500,000 | 4,000,000 | $2,500,000 | |
| Bateman Financial Ltd. (Ryan Bateman) | $60,000 | OR | 1,200,000 | |
________________________________________
RIO CRISTAL RESOURCES CORPORATION ("RCZ")
BULLETIN TYPE: Consolidation
BULLETIN DATE: July 30, 2013
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders September 11, 2012, the Company has consolidated its capital on a (10) ten old for (1) one new basis. The name of the Company has not been changed.
Effective at the opening, Wednesday, July 31, 2013, the common shares of Rio Cristal Resources Corporation 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 |
| 17,259,163 | shares are issued and outstanding | |
| Escrow | nil | shares |
| Transfer Agent: | Computershare Investor Services Inc. | |
| Trading Symbol: | RCZ | (UNCHANGED) |
| CUSIP Number: | 767037203 | (new) |
________________________________________
RIO GRANDE MINING CORP. ("RGV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the second and final tranche of a Non-Brokered Private Placement announced May 17, 2013:
| Number of Shares: | 1,300,000 shares |
| Purchase Price: | $0.05 per share |
| Warrants: | 1,300,000 share purchase warrants to purchase 1,300,000 shares |
| Warrant Exercise Price: | $0.10 for a three year period |
| Number of Placees: | 7 placees |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Aggregate Pro Group Involvement | P | 500,000 |
| [3 placees] | ||
| Finder's Fee: | $2,000 payable to Haywood Securities Inc., with 50,000 warrants exercisable at $0.10 for three years |
| $3,200 payable to Donnybrook Capital Corp. (Michael Blady), with 80,000 warrants exercisable at $0.10 for three years |
|
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.
________________________________________
SAVARY GOLD CORP. ("SCA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 15, 2013:
| Number of Shares: | 14,567,000 shares |
| Purchase Price: | $0.06 per share |
| Number of Placees: | 10 placees |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Stephanus Theron | Y | 500,000 |
| 2051580 Ontario Inc. (Stalin Bharti) | Y | 5,900,000 |
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.
________________________________________
SOJOURN VENTURES INC. ("SOJ")
[formerly Sojourn Ventures Inc. ("SOJ.P")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Property-Asset or Share Purchase Agreement, Resume Trading
BULLETIN DATE: July 30, 2013
TSX Venture Tier 2 Company
Qualifying Transaction-Completed:
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Filing Statement dated July 25, 2013. As a result, at the opening on Wednesday, July 31, 2013, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following:
Property-Asset or Share Purchase Agreement:
TSX Venture Exchange has accepted for filing an Amended and Restated Option Agreement dated April 22, 2013 between Qualitas Holdings Corp. ('Qualitas,' beneficially owned by Jim Rankin) and the Company.
Upon execution of the Option Agreement, the Company paid Qualitas $20,000 for the option to acquire a 100% interest, subject to a 3% net smelter return royalty, in the Tahsis Property located on Northern Vancouver Island. To earn its interest the Company is required to:
(a) pay Qualitas $30,000 within seven (7) days of Exchange acceptance;
(b) issue to Qualitas:
- 400,000 Shares within seven (7) days of Exchange acceptance;
- 250,000 Shares on or before the first anniversary;
- 250,000 Shares on or before the second anniversary;
(c) incur Expenditures on the Property as follows:
- a cumulative total of not less than $200,000 within one year, of which $100,000 must be spent on or before September 1, 2013; and
- an additional $200,000 within the second year.
Under the terms of the Option Agreement, and following exercise of the Option, the Company has agreed to grant Qualitas a 3.0% Royalty with respect to the Property. The Company will have the right to purchase 1.0% of the Royalty for $1 million or 2.0% of the Royalty for $2 million.
A 519,545 share Finder's Fee is payable to Marksman Geological Ltd. (Daniel Terrett) in connection with the transaction.
The Exchange has been advised that the above transaction has been completed.
| Capitalization: | Unlimited | shares with no par value of which |
| 10,455,546 | shares are issued and outstanding | |
| Escrow: | 1,536,001 | CPC Escrow Shares |
| Symbol: | SOJ | same symbol as CPC but with .P removed |
The Company is classified as a "Mineral Exploration" company.
Resume Trading:
The common shares of the Company have been halted from trading since April 23, 2013, pending completion of a Qualifying Transaction.
Effective at the open, Wednesday, July 31, 2013, trading in the shares of the Company will resume.
| Company Contact: | Joel Dumaresq |
| Company Address: | Suite 760-777 Hornby Street |
| Vancouver, BC, V6Z 1S4 | |
| Company Phone Number: | 604-648-3506 |
| Company Fax Number: | 604-602-9699 |
| Company Email Address: | [email protected] |
________________________________
TOSCANA ENERGY INCOME CORPORATION ("TEI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 30, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a pre-acquisition agreement dated June 28, 2013 (the "Agreement") between the Company and Veredus Resources Ltd. ("Veredus"), a Non-Arms Length Party, whereby the Company will acquire all the common shares of Veredus ("Veredus Shares"). Pursuant to the terms of the Agreement, Veredus shareholders shall receive an aggregate of 233,073 common shares of the Company ("Shares") at a deemed price of $19.21 per Share.
For further information please refer to the Company's press releases dated July 16, 2013.
________________________________________
WEST MOUNTAIN CAPITAL CORP. ("WMT")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: July 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 18, 2013 and closed July 17, 2013:
| Convertible Debenture Units: | $790,000 in convertible debenture units ("Units") Each Unit consists of $1,000 principal amount of convertible debentures ("Debentures") and 3,125 share purchase warrants ("Warrants") |
| Conversion Price: | Convertible into common shares at a conversion price of $0.32 per common share |
| Maturity date: | Up to 24 months from date of closing |
| Warrants: | Each warrant will have a term of up to 24 months from the date of issuance. The warrants are exercisable at the price of $0.32 |
| Interest rate: | 10% per annum |
| Number of Placees: | 13 placees |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P / | Units |
| Golden Opportunities Fund Inc. | Y | 395 Units |
| Pluto Investments Inc. (Paul Antle) | Y | 100 Units |
| John Wiebe | Y | 25 Units |
| Stephen Clarke | Y | 20 Units |
| 3850552 Canada Inc. (Anthony Vysniauskas) | Y | 25 Units |
| Daniel Kenney | Y | 25 Units |
| Steven Thompson | Y | 25 Units |
| Paul Coombs | Y | 25 Units |
| Finder's Fee: None |
________________________________________
NEX COMPANY:
GTECH INTERNATIONAL RESOURCES LIMITED ("GCH.H")
BULLETIN TYPE: Halt
BULLETIN DATE: July 30, 2013
NEX Company
Effective at 5:00 a.m., PST, July 30, 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.
________________________________________
SOURCE: TSX Venture Exchange
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