VANCOUVER, Oct. 30, 2013 /CNW/ -
TSX VENTURE COMPANIES:
ASHER RESOURCES CORPORATION ("ACN")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: October 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 720,000 shares to settle outstanding debt for $150,000.
Number of Creditors: 2 Creditors
The Company shall issue a news release when the shares are issued and the debt extinguished.
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AVIDUS MANAGEMENT GROUP INC. ("AVD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 19, 2013 and October 13, 2013:
| Number of Shares: | 5,333,290 shares |
| Purchase Price: | $0.15 per share |
| Warrants: | 5,333,290 share purchase warrants to purchase 5,333,290 shares |
| Warrant Exercise Price: | $0.20 for a five year period. The warrants are subject to an accelerated expiry date that is 10 days following the date that the closing price of the Company shares are equal to or greater than $0.45 for ten consecutive trading days. |
| Number of Placees: | 18 placees |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Gainey Consultants (John Reynolds) | Y | 1,124,850 |
| David Lundell | Y | 1,080,000 |
| Douglas Ridley | Y | 662,080 |
| Finder's Fee: | Canaccord Genuity will receive a fee of $13,020.00 and 86,800 Broker Warrants that are exercisable into common shares at $0.20 per share for an 18-month period. |
|
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.
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BRANDENBURG ENERGY CORP. ("BBM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 11, 2013:
| Number of Shares: | 4,750,000 shares |
| Purchase Price: | $0.05 per share |
| Warrants: | 4,750,000 share purchase warrants to purchase 4,750,000 shares |
| Warrant Exercise Price: | $0.05 for three years for 2,375,000 warrants |
| $0.10 for three years for 2,375,000 warrants | |
| Number of Placees: | 16 placees |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Aggregate Pro Group Involvement | P | 1,500,000 |
| [4 placees] | ||
| Finders' Fees: | $5,500 cash and 110,000 warrants payable to Haywood Securities Inc. $10,250 cash and 205,000 warrants payable to Canaccord Genuity Corp. -Finder's fee warrants are exercisable at $0.05 per share 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.
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CLEAR MOUNTAIN RESOURCES CORP. ("CY")
BULLETIN TYPE: Halt
BULLETIN DATE: October 30, 2013
TSX Venture Tier 2 Company
Effective at 12:47 p.m., PST, October 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.
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CRITICAL OUTCOME TECHNOLOGIES INC. ("COT")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: October 30, 2013
TSX Venture Tier 2 Company
Further to TSX Venture Exchange bulletin dated September 11, 2012, the Exchange has consented to a further extension to the expiry date of the following warrants:
| Private Placement: | |
| # of Warrants: | 12,500,000 |
| Original Expiry Date of Warrants: | September 24, 2012, October 6, 2012 and October 20, 2012 |
| New Expiry Date of Warrants: | May 31, 2014 |
| Exercise Price of Warrants: | $0.30 |
These warrants were issued pursuant to a private placement of 12,500,000 shares with 12,500,000 share purchase warrants attached, which was accepted for filing by the Exchange effective April 28, 2011.
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GENSOURCE POTASH CORPORATION ("GSP")
[formerly Gensource Capital Corporation ("GSP")]
BULLETIN TYPE: Name Change, Remain Halted, Correction
BULLETIN DATE: October 30, 2013
TSX Venture Tier 2 Company
Further to the bulletin dated June 28, 2013, the bulletin should have indicated that trading in the shares of the Company was to 'Remain Halted'. The rest of the bulletin follows.
The Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening, Tuesday, July 2, 2013, the common shares of Gensource Potash Corporation will commence trading on TSX Venture Exchange but remain halted, and the common shares of Gensource Capital Corporation will be delisted. The Company is classified as a 'Merchant Banking' company.
| Capitalization: | Unlimited | shares with no par value of which |
| 97,999,539 | shares are issued and outstanding | |
| Escrow: | nil | shares |
| Transfer Agent: | Computershare Trust Company of Canada Inc. | |
| Trading Symbol: | GSP | (UNCHANGED) |
| CUSIP Number: | 37252X104 | (new) |
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GENSOURCE POTASH CORPORATION ("GSP")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: October 30, 2013
TSX Venture Tier 2 Company
Effective at the opening on Thursday, October 31, 2013, the common shares of the Company will resume trading. The Company has announced it has terminated its proposed reverse takeover transaction as described in the Company's press releases dated June 20, 2013, July 29, 2013 and October 28, 2013.
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GREENBRIAR CAPITAL CORP. ("GRB.V")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 15, 2013:
| Number of Shares: | 111,000 shares |
| Purchase Price: | $2.70 per share |
| Warrants: | 55,500 share purchase warrants to purchase 55,500 shares |
| Warrant Exercise Price: | $3.00 for a two year period |
| Number of Placees: | 4 placees |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Jeffrey J. Ciachurski | Y | 37,000 |
| V. John Wardlow | Y | 37,000 |
| Aggregate Pro Group Involvement | P | 37,000 |
| [2 placees] | ||
| Finder's Fee: | $5,994 payable to PI Financial Corp., with 2,220 warrants exercisable at $3.00 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.
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HILLCREST RESOURCES LTD. ("HRH")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Assumption of Leases Agreement (the "Agreement") dated August 1, 2013 between Hillcrest Resources Ltd. ("Hillcrest") and Bazmo Exploration LLC ("Bazmo"). The Agreement states that Hillcrest can acquire a 50% working interest in certain oil and gas claims covering approximately 220 acres in Newton County, Texas, U.S.A. (the "Property").
In order to obtain the 50% working interest, Hillcrest must pay Bazmo US$92,476 and pay 100% of the costs to drill and complete any agreed upon target wells. The Agreement is subject to a backout right by Hillcrest if Bazmo finds that the tie-in costs to an existing pipeline render the development of the Property uneconomical.
The transaction is a Non-arms length transaction.
Further details can be found in Hillcrest's news release dated October 3, 2013.
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INPUT CAPITAL CORP. ("INP")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: October 30, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 16, 2013:
| Number of Shares: | 12,236,074 class A common shares |
| Purchase Price: | $1.60 per share |
| Number of Placees: | 2 placees |
| Agent's Fees: | an aggregate of $1,174,663.08 is payable to GMP Securities L.P., Beacon Securities Limited, National Bank Financial Inc., Acumen Capital Financial Partners Limited, AltaCorp Capital Inc. and Cormark Securities Inc. |
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).
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INPUT CAPITAL CORP. ("INP")
BULLETIN TYPE: Prospectus-Share Offering
BULLETIN DATE: October 30, 2012
TSX Venture Tier 1 Company
Effective October 29, 2013, the Company's Short Form Prospectus dated September 26, 2013, was filed with and accepted by TSX Venture Exchange (the "Exchange"), and effective September 27, 2013 was filed with and receipted by the Manitoba, Saskatchewan, New Brunswick, Nova Scotia, Prince Edward Island, British Columbia, Alberta, Quebec, Ontario, Newfoundland and Labrador Securities Commission, pursuant to the provisions of the respective Securities Acts.
TSX Venture Exchange has been advised that closing occurred on October 4, 2013 for gross proceeds of $21,425,060.80 (including the over-allotment option exercised to date).
| Underwriters: | GMP Securities L.P., Beacon Securities Limited, National Bank Financial Inc., Acumen Capital Financial Partners Limited, AltaCorp Capital Inc. and Cormark Securities Inc. |
| Offering: | 13,390,663 shares (including, 1,746,608 shares exercised to this date pursuant to the Underwriters' over-allotment option) |
| Share Price: | $1.60 per share |
| Underwriters' Fee: | A cash fee equal to 6% of the proceeds from shares sold shall be paid to the Underwriters. |
| Over-Allotment Option: | The Underwriters have fully exercised the over-allotment option of the shares in connection with this offering. The Underwriters were granted an option to arrange for the sale of up to an additional 15% of that number of shares sold pursuant to the offering, at any time up to 30 days after the closing of the offering. The above noted Underwriters' Fee is also applicable to the Over-Allotment Option. |
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JAXON MINERALS INC. ("JAX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 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 23, 2013:
| Number of Shares: | 7,085,000 shares |
| Purchase Price: | $0.10 per share |
| Number of Placees: | 22 placees |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Leif Smither | Y | 1,000,000 |
| Aggregate Pro Group Involvement | P | 210,000 |
| [2 placees] | ||
| Finder's Fee: | $35,400 payable to Carl Jones | |
| $400 payable to PI Financial Corp. | ||
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.
________________________________________
MOSAIC CAPITAL CORPORATION ("M")
BULLETIN TYPE: Declaration of Dividend, Correction
BULLETIN DATE: October 30, 2013
TSX Venture Tier 1 Company
Further to the TSX Venture Exchange bulletin dated October 18, 2013, the symbol should have been "M"
(not M.PR.A).
| Dividend per Common Share: | $0.06 | |
| Payable Date: | November 15, 2013 | |
| Record Date: | October 31, 2013 | |
| Ex-Dividend Date: | October 29, 2013 |
All other dividend information remains unchanged.
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NEW ZEALAND ENERGY CORP. ("NZ")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Private Placement-Non-Brokered
BULLETIN DATE: October 30, 2013
TSX Venture Tier 2 Company
Property-Asset or Share Purchase Agreement:
TSX Venture Exchange has accepted for filing documentation relating to:
| A) | The Sale and Purchase Agreement dated June 14, 2013, as amended, among New Zealand Energy Corp. and its subsidiaries (the "Company") and Origin Energy Resources NZ (TAWN) Limited, a wholly-owned subsidiary of Origin Energy Limited (ASX: ORG) (collectively "Origin"), whereby the Company will acquire four Petroleum Mining Licenses totaling net 23,049 acres in the main production fairway of the Taranaki Basin, New Zealand as well as the Waihapa Production Station and associated gathering and sales infrastructure (collectively the "TAWN Assets"). The Company will retain three licenses (the "TWN Licenses"). In consideration for the transfer of the TAWN Assets, the Company paid approximately CDN$33.7 million in cash (CDN$30 million payable to Origin and CDN$3.7 million payable to Contact Energy Limited ("Contact"), a New Zealand company owned 53.1% by Origin). This includes the CDN$5 million deposit paid to Origin in June 2012, and the additional CDN$1 million deposit paid in August 2013, for a total deposit of CDN$6 million. |
| As a condition of the transaction, the Company entered into an agreement with Contact regarding Contact's Ahuroa Gas Storage Facility ("AGS") located in the Contact‐owned permit adjacent to the TWN Licenses and the Waihapa Production Station, pursuant to which the Company will act as operator of the AGS and Contact will pay the Company a monthly operating fee. Upon closing of the acquisition of the TAWN Assets the Company immediately transferred ownership of one of the four Petroleum Mining Licenses (the "Ahuroa License") to Contact. In consideration for transfer of the Ahuroa License to Contact, the Company received a compressor capable of handling 10 million cubic feet per day ("MMcf/d") of natural gas. | |
| B) | Joint operating agreements dated October 3, 2013 between the Company and its subsidiaries, and L&M Energy Limited and its related companies (collectively "LME"), whereby LME paid the Company CDN$18.25 million to acquire a 50% interest in the TWN Assets. The Company and LME have formed 50/50 joint ventures to explore, develop and operate the TWN Licenses, as well as a jointly-owned limited partnership to operate the Waihapa Production Station and associated pipelines and infrastructure. The Company will become the operator of the TWN Licenses and the jointly-owned limited partnership will operate the Waihapa Production Station. |
The Company has received New Zealand government approval for the acquisition of the TAWN Assets, transfer of the Ahuroa License to Contact and transfer of a 50% interest in the TWN Licenses to LME.
The above transactions were completed on October 28, 2013.
Further information on the transactions are available in the Company's news releases dated May 31, 2012, and March 26, 2013, June 17, 2013, July 30, 2013, August 6, 2013, August 12, 2013, September 19, 2013, October 1, 2013, October 18, 2013 and October 29, 2013.
Private Placement-Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 19, 2013:
| Offering: | 48,904,354 subscription receipts. Each subscription receipt will automatically convert into one common share and one half warrant on the date that is the earlier of: (a) the date of this bulletin if a final receipt for a prospectus has been issued by the applicable regulatory authorities; (b) the date on which the final receipt for a prospectus is received; or (c) the date that is four months and one day from the date that subscription receipts were issued. |
| Purchase Price: | $0.33 per subscription receipt |
| Number of Shares: | 48,904,354 common shares |
| (underlying subscription receipts) | |
| Warrants: | 24,452,177 share purchase warrants to purchase 24,452,177 shares |
| (underlying subscription receipts) | |
| Warrant Exercise Price: | $0.45 for a one year period |
| Number of Placees: | 144 placees |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| John A. Greig | Y | 3,030,303 |
| Eileen Au | Y | 15,000 |
| Gerrie van der Westhuizen | Y | 20,000 |
| Aggregate Pro Group Involvement | P | 4,549,000 |
| [20 placees] |
| Finders' Fees: | Richardson GMP - $68,930.40 cash and 208,880 finder's special warrants payable. |
| John Griffiths - $350,000 cash and 1,060,606 finder's special warrants payable. | |
| Canaccord Genuity Corp. - $27,027 cash and 81,900 finder's special warrants payable. | |
| Chippingham Financial Group - $1,155 cash and 3,500 finder's special warrants payable. | |
| Jennings Capital Inc. - $4,620 cash and 14,000 finder's special warrants payable. | |
| M Partners - $76,491.03 cash and 231,791 finder's special warrants payable. | |
| Martin Hubble - $7,045.50 cash and 21,350 finder's special warrants payable. | |
| Haywood Securities Inc. - $46,477.20 cash and 140,840 finder's special warrants payable. | |
| PI Financial Corp. - $110,133.87 cash and 333,739 finder's special warrants payable. | |
| CIBC World Markets - $34,650 cash and 105,000 finder's special warrants payable. | |
| ProsdocimiLimited - $278,600.02 cash and 422,122finder's special warrants payable. | |
| Cordelius Limited - 422,121 finder's special warrants payable. | |
| -Each finder's special warrant will convert into one finder's warrant on the date that is the earlier of: (a) the date of this bulletin if a final receipt for a prospectus has been issued by the applicable regulatory authorities; (b) the date on which the final receipt for a prospectus is received; or (c) the date that is four months and one day from the issuance of the finder's special warrants. Each finder's warrant entitles the holder to acquire one common share at $0.33 for 12 months from October 28, 2013. |
[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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PRISM MEDICAL LTD. ("PM")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: October 30, 2013
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
| Dividend per Common Share: | $0.08 |
| Payable Date: | December 4, 2013 |
| Record Date: | November 15, 2013 |
| Ex-Dividend Date: | November 13, 2013 |
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TOMAGOLD CORPORATION ("LOT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on September 23, 2013:
| Number of Shares: | 9,545,000 common shares |
| Purchase Price: | $0.10 per common share |
| Warrants: | 4,772,000 warrants to purchase 4,772,000 common shares |
| Warrant exercise price: | $0.12 during a period of 24 months following the closing date. |
| Number of Placees: | 34 Placees |
| Finders Fees: | Jordan Capital Markets Inc. and Mackie Research received $6,450 and $5,000 in cash respectively. |
The Company has confirmed the closing of the above-mentioned Private Placement via the issuance of press releases dated October 11, 2013, October 18, 2013 and October 23, 2013.
CORPORATION TOMAGOLD (« LOT »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 30 octobre 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 sans l'entremise d'un courtier tel qu'annoncé le 23 septembre 2013 :
| Nombre d'actions : | 9 545 000 actions ordinaires |
| Prix : | 0,10 $ par action ordinaire |
| Bons de souscription : | 4 772 000 bons de souscription permettant de souscrire à 4 772 000 actions ordinaires |
| Prix d'exercice des bons : | 0,12 $ pendant une période de 24 mois suivant la date de clôture |
| Numéro de souscripteurs : | 34 souscripteurs |
| Honoraires d'intermédiation : | Jordan Capital Markets Inc. et Mackie Research ont reçu 6 450 $ et 5 000 $ en espèces, respectivement. |
La société a confirmé la clôture du placement privé mentionné ci-dessus en vertu des communiqués de presse datés des 11, 18 et 23 octobre 2013.
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US OIL SANDS INC. ("USO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 16, 2013:
| Number of Shares: | 540,036,331 shares |
| Purchase Price: | $0.15 per share |
| Number of Placees: | 35 placees |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Oil Associates SA (Blue Pacific Investments Grp Ltd.) | Y | 166,666,667 |
| ACMO S.a.r.l. (Anchorage Advisors Management LLC, | Y | 233,333,333 |
| Anchorage Capital Grp LLC, A. Davis, K. Ulrich) | ||
| Finders' Fees: | $1,465,081.74 payable to Canaccord Genuity Corp. | |
| $440,000 payable to Merriman Capital Inc. | ||
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.
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NEX COMPANY :
YUNTONE CAPITAL CORP. ("YTC.H")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: October 30, 2013
NEX Company
The common shares of the Company have been halted from trading since July 31, 2012, pending completion of a proposed transaction with Belmont Resources Inc.
The Exchange has been advised that the proposed transaction has been terminated.
Effective at the Open, Thursday, October 31, 2013, trading in the shares of the Company will resume.
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SOURCE: TSX Venture Exchange
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