VANCOUVER, Aug. 30, 2013 /CNW/ -
TSX VENTURE COMPANIES:
ARIAN SILVER CORPORATION ("AGQ")
BULLETIN TYPE: Consolidation
BULLETIN DATE: August 30, 2013
TSX Venture Tier 2 Company
The Company has consolidated its capital on a (ten) 10 old for (one) 1 new basis. The name of the Company has not been changed.
Effective at the opening on Tuesday, September 3, 2013, the shares of Arian Silver Corporation will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration/Development' company.
| Post - Consolidation | ||
| Capitalization: | Unlimited | shares with no par value of which |
| 32,601,135 | shares are issued and outstanding | |
| Escrow | 0 | shares are subject to escrow |
| Transfer Agent: | Computershare Investor Services Inc. | |
| Trading Symbol: | AGQ | (UNCHANGED) |
| CUSIP Number: | G0472G114 | (new) |
________________________________________
BANYAN GOLD CORP. ("BYN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 8, 2013:
| Number of Units: | 2,000,000 units |
| Each unit ("Units") consists of one common share and one half of one common share purchase warrant. | |
| Purchase Price: | $0.10 per Unit |
| Warrants: | 1,000,000 share purchase warrants to purchase 1,000,000 shares |
| Warrant Exercise Price: | $0.15 for a one year period |
| Number of Placees: | 2 placees |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Units |
| Dalhousie Oil Company Limited (J. Patrick Sheridan, Sr.) | Y | 1,000,000 |
| Stall Lake Mines Limited (J. Patrick Sheridan, Sr.) | Y | 1,000,000 |
| Finder's Fee: | $12,000 cash payable to Gregory Melchior |
________________________________________
BIG NORTH GRAPHITE CORP. ("NRT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: August 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,092,307 shares at $0.065 per share to settle outstanding debt for $71,000.
| Number of Creditors: | 1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
CANADA STRATEGIC METALS INC. ("CJC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to an arm's length agreement dated August 16, 2013, in connection with the acquisition by the Company of an interest of up to 70% in the 120 claims comprising the Sakami Property located in the James Bay Region of Québec.
In order to acquire an initial 50% interest, the Company must issue 2,000,000 common shares (1,000,000 within the first year) and carry-out exploration work in the value of $2,250,000 before August 16, 2016 ($500,000 within the first year). Within 180 days of acquiring the original 50% interest, the Company may acquire the remaining 20% interest by issuing an additional 1,000,000 common shares and completing an independent bankable feasibility study within five years of the date of the share issuance. During the period that the additional option is valid, the Company must spend a minimum of $2,000,000 on exploration by the end of each year until the feasibility study is completed. In the event where the Company renounces its option, the unspent portion of the $500,000 minimum in exploration expenses shall be paid in cash or in shares, at the sole discretion of the Company.
For further information, please refer to the Company's press release dated August 19, 2013.
LES MÉTAUX STRATÉGIQUES DU CANADA INC. (« CJC »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : 30 août 2013
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents en vertu d'une convention auprès d'une personne sans lien de dépendance datée du 16 août 2013 selon laquelle la société peut acquérir un intérêt jusqu'à 70 % dans les 120 claims composant la propriété de « Sakami » située dans la région de la Baie James dans la province de Québec.
Afin d'acquérir un intérêt initial de 50 %, la société doit émettre 2 000 000 d'actions ordinaires (1 000 000 pendant la première année) et effectuer 2 250 000 en travaux d'exploration avant le 16 août 2016 (500 000 $ pendant la première année). À l'intérieur des 180 jours suivant l'acquisition d'un premier intérêt de 50 %, la société peut acquérir un intérêt additionnel de 20 % en émettant 1 000 000 d'actions ordinaires additionnelles et par la réalisation d'une étude de faisabilité indépendante bancable dans un délai de cinq (5) ans de la date de l'exercice de l'option. Durant cette période, la société devra dépenser au moins 2 000 000 $ en travaux d'exploration avant la fin de chaque année, jusqu'à la complétion de l'étude de faisabilité indépendante bancable. Dans l'éventualité où la société renonce à l'option, la portion du montant minimum obligatoire de 500 000 $ de travaux qui n'aura pas été effectué, sera payée en argent ou en actions, à la discrétion de la société.
Pour de plus amples renseignements, veuillez consulter le communiqué de presse émis par la société le 19 août 2013.
________________________________
CASCADE RESOURCES LTD. ("CC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 9, 2013:
| Number of Shares: | 1,000,000 shares |
| Purchase Price: | $0.005 per share |
| Number of Placees: | 1 placee |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Macquarie Private Wealth Inc. ITF Garry Stock | Y | 1,000,000 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a comprehensive 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.
________________________________________
ESPERANZA RESOURCES CORP. ("EPZ") ("EPZ.WT")
BULLETIN TYPE: Plan of Arrangement, Delist
BULLETIN DATE: August 30, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with an arrangement agreement dated July 12, 2013, as amended August 23, 2013, (the "Arrangement Agreement") between Esperanza Resources Corp. ("Esperanza"), Alamos Gold Inc. ("Alamos") and 0975064 B.C. Ltd. Pursuant to the Arrangement Agreement, each Esperanza common share was exchanged for $0.85 in cash and 0.0625 of an Alamos warrant (each whole warrant, an "Alamos Warrant"). Each outstanding Esperanza warrant ("warrant") was exchanged for 0.15 of an Alamos Warrant (the "Arrangement").
The Exchange has been advised that approval of the Arrangement by shareholders of Esperanza was received at a meeting of the shareholders held on August 27, 2013 and that approval of the Arrangement was received from the Supreme Court of British Columbia on August 29, 2013. The full particulars of the Arrangement are set forth in Esperanza's Information Circular (the "Circular") dated July 25, 2013, as amended August 23, 2013, which is available under Esperanza's profile on SEDAR. Esperanza securityholders should refer to the Circular for a summary of the procedures regarding the exchange of Esperanza securities for the consideration to which they are entitled under the Arrangement.
Esperanza and Alamos closed the Arrangement on August 30, 2013.
Delisting:
In conjunction with the closing of the Arrangement, Esperanza has requested that its common shares and warrants be delisted. Accordingly, effective at the close of business, Friday, August 30, 2013, the common shares and warrants of Esperanza will be delisted from the Exchange.
Insider / Pro Group Participation: None
________________________________________
FERONIA INC. ("FRN.WT")
BULLETIN TYPE: Warrant Expiry-Delist
BULLETIN DATE: August 30, 2013
TSX Venture Tier 1 Company
Effective at the opening, September 4, 2013, the Share Purchase Warrants of the Company will trade for cash. The Warrants expire Sunday, September 8, 2013 and will therefore be delisted at the close of business Monday, September 9, 2013.
| TRADE DATES |
| September 4, 2013 - TO SETTLE - September 5, 2013 |
| September 5, 2013 - TO SETTLE - September 6, 2013 |
| September 6, 2013 - TO SETTLE - September 9, 2013 |
| September 9, 2013 - TO SETTLE - September 9, 2013 |
The above is in compliance with Trading Rule C.2.18 - Expiry Date:
Trading in the warrants shall be for cash for the three trading days preceding the expiry date and also on expiry date. On the expiry date, trading shall cease at 12 o'clock noon E.T. and no transactions shall take place thereafter except with permission of the Exchange.
________________________________________
GEONOVUS MINERALS CORP. ("GNM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 8, 2013:
| Number of Shares: | 1,200,000 shares |
| Purchase Price: | $0.05 per share |
| Warrants: | 1,200,000 share purchase warrants to purchase 1,200,000 shares |
| Warrant Exercise Price: | $0.075 for a one year period |
| $0.10 in the second year | |
| Number of Placees: | 4 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.
________________________________________
LATIN AMERICAN MINERALS INC. ("LAT")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: August 30, 2013
TSX Venture Tier 2 Company
Further to the Exchange bulletins dated September 27 2011, August 31, 2012 and February 27, 2013, TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
| Private Placement: | |
| # of Warrants: | 4,700,000 |
| Original Expiry Date of Warrants: | October 5, 2011 |
| New Expiry Date of Warrants: | October 5, 2014 |
| Exercise Price of Warrants: | $0.30 |
These warrants were issued pursuant to a private placement of 10,000,000 shares with 5,000,000 share purchase warrants attached, which was accepted for filing by the Exchange effective September 29, 2009.
________________________________________
LATIN AMERICAN MINERALS INC. ("LAT")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: August 30, 2013
TSX Venture Tier 2 Company
Further to the Exchange bulletins dated August 31, 2012 and February 27, 2013, TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
| Private Placement: | |
| # of Warrants: | 4,983,000 |
| Original Expiry Date of Warrants: | September 10, 2012 |
| New Expiry Date of Warrants: | September 10, 2014 |
| Exercise Price of Warrants: | $0.20 |
These warrants were issued pursuant to a private placement of 10,000,000 shares with 5,000,000 share purchase warrants attached, which was initially accepted for filing by the Exchange effective September 15, 2010.
________________________________________
LEGEND POWER SYSTEMS INC. ("LPS")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: August 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
| Private Placement: | |
| # of Warrants: | 16,029,664 |
| Original Expiry Date of Warrants: | September 28, 2013 |
| New Expiry Date of Warrants: | September 28, 2014 |
| Exercise Price of Warrants: | $0.15, subject to an acceleration clause (unchanged) |
These warrants were issued pursuant to a private placement of 16,029,664 shares with 16,029,664 share purchase warrants attached, which was accepted for filing by the Exchange effective March 30, 2012.
________________________________________
MANTRA CAPITAL INC. ("MTR.P")
BULLETIN TYPE: Halt
BULLETIN DATE: August 30, 2013
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, August 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.
________________________________________
MED BIOGENE INC. ("MBI")
BULLETIN TYPE: Halt
BULLETIN DATE: August 30, 2013
TSX Venture Tier 2 Company
Effective at 7:24 a.m., PST, August 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.
________________________________________
MED BIOGENE INC. ("MBI")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 30, 2013
TSX Venture Tier 2 Company
Effective at 11:15 a.m., PST, August 30, 2013, shares of the Company resumed trading, an announcement having been made.
________________________________________
NATCORE TECHNOLOGY INC. ("NXT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 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 9, 2013 and July 19, 2013:
| Number of Shares: | 6,290,740 shares |
| Purchase Price: | $0.50 per share |
| Warrants: | 6,290,740 share purchase warrants to purchase 6,290,740 shares |
| Warrant Exercise Price: | $0.62 for a three year period |
| Number of Placees: | 41 placees |
| Finders' Fees: | US$5,000 and 20,000 warrants payable to Canaccord Genuity Corp. |
| US$625 payable to Wolverton Securities Ltd. | |
| US$3,712.50 and 14,850 warrants payable to Jordan Capital Markets Inc. | |
| US$2,500 and 10,000 warrants payable to Bryce Bradley | |
| US$3,750 and 15,000 warrants payable to CIBC Wood Gundy | |
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.
________________________________________
NEXGEN ENERGY LTD. ("NXE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 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 29, 2013, August 1, 2013, August 14, 2013 and August 15, 2013:
| Number of Shares: | 14,285,715 shares |
| Purchase Price: | $0.35 per share |
| Warrants: | 7,142,852 share purchase warrants to purchase 7,142,852 shares |
| Warrant Exercise Price: | $0.55 for an eighteen month period |
| Number of Placees: | 51 placees |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Totus Inc. (R. Patricio) | Y | 200,000 |
| Gerry Feldman | Y | 100,000 |
| Haywood Securities Inc. ITF Andriyko Herchak | Y | 200,000 |
| Canaccord Genuity Corp. ITF Sheldon Inwentash | Y | 500,000 |
| Aggregate Pro Group Involvement | P | 823,361 |
| [10 placees] | ||
| Finders' Fees: | $39,000 payable to Mark Patterson |
| $7,500 payable to Josh May | |
| $13,335 payable to MGI Securities Inc. | |
| $52,800 payable to Secutor Capital Management Corporation | |
| $53,799.09 payable to M. Partners Inc. | |
| $5,145 payable to Canaccord Genuity Corp. | |
| $42,000 payable to Dundee Capital Markets | |
| $5,250 payable to PI Financial Corp. | |
| $12,000 payable to Raymond James Ltd. | |
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.
________________________________________
PACIFIC RIDGE EXPLORATION LTD. ("PEX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 2, 2013:
| SECOND TRANCHE: | |
| Number of Shares: | 300,000 flow through shares |
| 20,000 non flow through shares | |
| Purchase Price: | $0.07 per flow through share |
| $0.05 per non flow through share | |
| Warrants: | 10,000 share purchase warrants to purchase 10,000 shares |
| Warrant Exercise Price: | $0.10 for a one year period |
| 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.
________________________________________
SOLARVEST BIOENERGY INC. ("SVS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 29, 2013:
| Number of Shares: | 400,000 shares |
| Purchase Price: | $0.25 per share |
| Number of Placees: | 1 placee |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Gerri Greenham | Y | 400,000 |
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.
________________________________________
SUSTAINCO INC. ("SMS")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 30, 2013
TSX Venture Tier 2 Company
Effective at 10:15 a.m., PST, August 30, 2013, shares of the Company resumed trading having made contact with the Company.
________________________________________
THUNDERSTRUCK RESOURCES LTD. ("AWE.P")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 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 August 6, 2013:
| Number of Shares: | 6,000,000 shares |
| Purchase Price: | $0.05 per share |
| Number of Placees: | 17 placees |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Aggregate Pro Group Involvement | P | 400,000 |
| [1 placee] | ||
| Finder's Fee: | $12,000 payable to Quattro Stella Sempre Family Holdings Ltd. |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the CPC 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.
________________________________________
TORCH RIVER RESOURCES LTD. ("TCR")
BULLETIN TYPE: Private Placement-Non-Brokered - Convertible Debentures
BULLETIN DATE: August 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement closed on August 28, 2013:
| Convertible Debenture | $281,250 |
| Conversion Price: | Convertible into units ("Units") at a conversion price of $0.075 per Unit in the first 12 months and $0.10 per Unit thereafter. |
| Each Unit will consist of one common share and one common share purchase warrant at $0.10 of principal outstanding. |
|
| Maturity date: | 24 months from date of issuance. |
| Warrants: | Each Warrant will be exercisable for one common share at a price of $0.10 per share for up to 24 months from date of issuance. |
| Interest: | 10% per annum payable semi-annually on June 30 and December 31 of each year commencing December 31, 2013. |
| Number of Placees: | 1 placee |
| Insider / Pro Group Participation: | None |
| Finder's Fee: | None |
________________________________________
VICTORY VENTURES INC. ("VVN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation of an agreement between Dennis Vigouret and the Company. The Company has agreed to acquire the Fortuna Mineral Claim for a cash payment of $3,156.
| Insider / Pro Group Participation: | |||
| Insider=Y / | |||
| Name | ProGroup=P | $Cash | # of Shares |
| Dennis Vigouret | Y | $3,156 | NIL |
________________________________________
NEX COMPANIES:
CHINA GOLDCORP LTD. ("CAU.H")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 30, 2013
NEX Company
Further to the Company's press release dated August 29, 2013, effective at the opening, Tuesday, September 3, 2013, the common shares of the Company will resume trading. The Company's proposed transaction with First Iron Group plc has been terminated.
________________________________________
DISANI CAPITAL CORP. ("DSN.H")
BULLETIN TYPE: Halt
BULLETIN DATE: August 30, 2013
NEX Company
Effective at 10:370 a.m., PST, August 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.
________________________________________
PROSPER GOLD CORP ("PGX")
[formerly Prosper Gold Corp. ("PGX.H")]
BULLETIN TYPE: Qualifying Transaction-Completed, Private Placement-Non-Brokered, Resume Trading, Graduation from NEX to TSX Venture, Symbol Change
BULLETIN DATE: August 30, 2013
NEX Company
Qualifying Transaction:
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Filing Statement dated August 20, 2013. As a result, at the opening on Tuesday, September 3, 2013, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following:
- The Option Agreement dated July 15, 2013 between the Company and Firesteel Resources Inc. ("Firesteel") whereby the Company can acquire up to 80% Interest in the Sheslay Property, Atlin Mining Division; Northern British Columbia.
- The concurrent non-brokered private placement consisting of 8,389,359 units @ $0.35 per unit and 1,750,000 Flow Through (FT) shares @ $0.40 per share. Each Unit will consist of one non-flow through (NFT) common share and one-half of one NFT common share purchase warrant (each whole, a "Warrant"). Each Warrant shall be exercisable to acquire one NFT common share for a period of 24 months at an exercise price equal to $0.60.
The Exchange has been advised that the above transactions have been completed.
| Capitalization: | Unlimited | shares with no par value of which |
| 25,021,042 | shares are issued and outstanding | |
| Escrow: | 6,750,000 | common shares are subject to a 36-month staged release escrow under the CPC Escrow Agreement; and |
| 1,014,500 | common shares are subject to a 36-month staged release escrow under the Tier 2 Escrow Agreement |
|
Graduation:
The Company has met the requirements to be listed as a TSX Venture Tier Company. Therefore, effective at the opening on Tuesday, September 3, 2013, the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to TSX Venture Exchange.
Effective at the opening on Tuesday, September 3, 2013, the trading symbol for the Company will change from PGX.H to PGX. The Company is classified as an 'Exploration' company.
Private Placement-Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to the Non-Brokered Private Placement originally announced July 18, 2013:
| Number of Flow through Shares: | 1,750,000 shares |
| Purchase Price: | $0.40 per share |
| Number of Non Flow through Shares: | 8,389,359 shares |
| Purchase Price: | $0.35 per share |
| Warrants: | 4,194,679 share purchase warrants to purchase 4,194,679 shares |
| Warrant Exercise Price: | $0.60 for a two year period |
| Number of Placees: | 93 placees |
| Agents' Fees: | $42,462 cash and 121,320 Agent Warrants to Canaccord Genuity Corp. |
| $72,000 cash and 190,534 Agent Warrants to Dundee Securities Ltd. | |
| - Each Agent Warrant entitles the Agent to purchase one common share at a price of $0.60 per share before August 30, 2015. | |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Peter Bernier | Y | 300,000 |
| Dirk Tempelman-Kluit | Y | 285,174 |
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.
Resume Trading:
Effective at the open of trading, Tuesday, September 3, 2013, trading in the shares of the Company will resume.
For additional information please see the Company's Filing Statement dated August 20, 2013, filed on SEDAR.
| Company Contact: | Peter Bernier |
| Company Address: | 468 B Reid Street |
| Quesnel, BC, V2J 2M6 | |
| Company Phone Number: | (250) 992-6644 |
| Company Fax Number: | (250) 992-6643 |
| Company Email Address: | [email protected] |
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SOURCE: TSX Venture Exchange
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