VANCOUVER, Dec. 17, 2013 /CNW/ -
TSX VENTURE COMPANIES:
ADVENTURE GOLD INC. ("AGE")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation of Adventure Gold Inc. (the "Company") relating to an Option Agreement dated December 11, 2013 between the Company and GFK Resources Inc. ("GFK"), in connection with GFK acquisition from the Company of an option to earn up to 100% of 446 claims in the province of Quebec known as the Casa-Cameron project. Under the terms of the Option Agreement, GFK has the option (the "First Option") to acquire an initial 51% interest in consideration of: (1) a cash payment of $250,000 and 2,000,000 common shares of GFK, (2) not less than $1,500,000 in exploration expenditures by December 31, 2014 or alternatively, not less than $2,000,000 in exploration expenditures by August 31, 2015 (the "Phase 1 Expenditures"), (3) Following the completion of the Phase 1 Expenditures, payment to the Company of $1,250,000 in cash or, at the election of GFK, in common shares of GFK, subject to a minimum cash payment of $250,000, and (4) funding, by no later than August 31, 2018, an additional amount of not less than $3,500,000 in exploration expenditures if the Phase 1 Expenditures were equal to $1,500,000 or alternatively, $3,000,000 in exploration expenditures if the Phase 1 Expenditures were equal to $2,000,000 (the "Phase 2 Expenditures").
Following the completion of the First Option, GFK shall have an additional option (the "Second Option") to acquire the Company's remaining 49% interest in the project in consideration of: (1) $5,500,000 in cash or, at the election of GFK, in common shares of GFK, subject to a minimum cash payment to Adventure Gold of $500,000, and (2) grant of a 2% NSR, half of which can be bought back by GFK for an amount of $1,000,000.
The Agreement contemplates that not more than 35,000,000 common shares of GFK, as its share capital is presently constituted, may be issued to the Company for the various option payments to be made to the Company under the First and Second Option.
For further information, please refer to the Company's press release dated December 12, 2013.
ADVENTURE GOLD INC. (« AGE »)
TYPE DE BULLETIN : Vente d'actif ou convention de vente d'actions
DATE DU BULLETIN : Le 17 décembre 2013
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents d'Adventure Gold inc. (la « société ») relativement à une entente d'option datée du 11 décembre 2013 entre la société et Ressources GFK Inc. (« GFK »), permettant l'acquisition par GFK d'une option d'acquérir jusqu'à 100 % de 446 claims situés dans la province du Québec connus sous le nom du projet Casa-Cameron. En vertu de l'entente d'option, GFK a l'option (la « Première Option ») d'acquérir un intérêt initial de 51 % en considération de : (1) un paiement en espèces de 250 000 $ et l'émission de 2 000 000 d'actions ordinaires de GFK, (2) pas moins de 1 500 000 $ en travaux d'exploration avant le 31 décembre 2014 ou 2 000 000 $ avant le 31 août 2015 (la « Phase 1 des travaux d'exploration »), (3) effectuer après l'exercice de la Phase 1, un paiement comptant de 1 250 000 $ à la société, que GFK aura l'option de payer en actions ordinaires sous réserve d'un paiement comptant minimum à la société de 250 000 $, et (4) des travaux d'exploration additionnels de 3 500 000 $ avant le 31 août 2018 si la Phase 1 des travaux d'exploration totalise $1 500 000, ou des travaux d'exploration additionnels de 3 000 000 $ si la Phase 1 des travaux d'exploration totalise 2 000 000 $ (la « Phase 2 des travaux d'exploration »).
Suivant l'exercice de la Première Option, GFK aura l'option d'acquérir un intérêt additionnel de 49 % (la « Deuxième Option ») en considération : (1) d'un paiement comptant de 5 500 000 $ à la société, que GFK aura l'option de payer en action ordinaires de GFK sous réserve d'un paiement comptant minimum à la société de 500 000 $, et (2) d'une redevance égale à 2 % NSR dont la moitié peut être rachetée en considération d'une une somme de 1 000 000 $.
L'entente d'option prévoit qu'un nombre maximum de 35 000 000 d'actions ordinaires de GFK pourront être émis à la société, pour les divers paiements en actions, suivant l'exercice de la Première et Deuxième Option.
Pour de plus amples renseignements, veuillez vous référer au communiqué de presse de la société daté du 11 décembre 2013.
________________________________
ATHABASCA MINERALS INC. ("ABM")
BULLETIN TYPE: Halt
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, December 17, 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.
________________________________________
ATIKWA RESOURCES INC. ("ATK")
BULLETIN TYPE: Halt
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, December 17, 2013, trading in the shares of the Company was halted pending clarification of Company affairs. 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.
________________________________________
BATERO GOLD CORP. ("BAT")
BULLETIN TYPE: Warrant Price Amendment, Warrant Term Extension
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the reduction in the exercise price of the following warrants:
Private Placement:
# of Warrants: | 1,725,000 | ||||
Original Expiry Date of Warrants | November 24, 2013 | ||||
Expiry Date of Warrants: | November 24, 2014 | ||||
Forced Exercise Provision: | If the closing price for the Company's shares is $1.08 or greater for a period of 10 consecutive trading days, then the warrant holders will have 30 days to exercise their warrants; otherwise the warrants will expire on the 31st day. | ||||
Original Exercise Price of Warrants: | $2.45 | ||||
New Exercise Price of Warrants: | $0.90 |
These warrants were issued pursuant to a private placement of 2,450,000 shares with 1,725.000 share purchase warrants attached, which was accepted for filing by the Exchange effective November 28, 2011.
________________________________________
BHK RESOURCES INC. ("BHK.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated December 11, 2013, effective at 5:52 a.m.,
December 17, 2013, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding a Qualifying Transaction pursuant to TSXV Listings Policy 2.4. 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.
________________________________________
BLF REAL ESTATE INVESTMENT TRUST ("BLF.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
The Issuer has declared the following distribution(s):
Distribution per Trust Unit: | $0.0308 | |||||
Payable Date: | January 15, 2014 | |||||
Record Date: | December 31, 2013 | |||||
Ex-Distribution Date: | December 27, 2013 |
________________________________________
CBM ASIA DEVELOPMENT CORP. ("TCF")
BULLETIN TYPE: Halt
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
Effective at 5:29 a.m., PST, December 17, 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.
________________________________________
CERF INCORPORATED ("CFL")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: December 17, 2013
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
Dividend per Common Share: | $0.06 | ||||
Payable Date: | January 15, 2014 | ||||
Record Date: | December 31, 2013 | ||||
Ex-Dividend Date: | December 27, 2013 |
________________________________________
DOUBLEVIEW CAPITAL CORP. ("DBV")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 15, 2013:
Convertible Debenture | $45,100 | ||||
Conversion Price: | Convertible into units consisting of one common share and one half common share purchase warrant at the greater of $0.06 per unit or the volume weighted average price ("VWAP") of the common shares for the 5 trading days immediately preceding the date of the notice of conversion. | ||||
Maturity date: | One year from date of issue | ||||
Warrants | Each whole 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 equal to the greater of $0.15 or a 35% premium above the VWAP of the common shares for the 5 trading days immediately preceding the date of the notice of conversion. | ||||
Interest rate: | 15% | ||||
Number of Placees: | 3 placees |
Insider / Pro Group Participation:
Insider=Y / | ||||||||||||
Name | ProGroup=P | Amount | ||||||||||
Robert Hall | Y | $5,100 |
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.
________________________________________
EARTHWORKS INDUSTRIES INC. ("EWK")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced October 29, 2013:
Number of Shares: | 3,230,000 shares | |||||
Purchase Price: | $0.10 per share | |||||
Warrants: | 1,615,000 share purchase warrants to purchase 1,615,000 shares | |||||
Warrant Exercise Price: | $0.20 for a two year period | |||||
Number of Placees: | 8 placees | |||||
Agent's Fee: | $12,390 cash payable to Canaccord Financial Ltd. | |||||
$1,600 cash payable to Macquarie Private Wealth 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. 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.
________________________________________
GOLDSOURCE MINES INC. ("GXS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation with respect to a Non-Brokered Private Placement announced December 2, 2013:
Number of Shares: | 2,140,000 shares | |||||
Purchase Price: | $0.12 per share | |||||
Warrants: | 1,070,000 share purchase warrants to purchase 1,070,000 shares | |||||
Warrant Exercise Price: | $0.20 for a two year period | |||||
Number of Placees: | 13 placees |
Insider / Pro Group Participation:
Insider=Y / | ||||||||||||
Name | ProGroup=P | # of Shares | ||||||||||
Nemesis Enterprises Ltd. | Y | 200,000 | ||||||||||
N. Eric Fier | Y | 200,000 | ||||||||||
Barney Magnusson | Y | 200,000 | ||||||||||
Graham Thody | Y | 45,000 | ||||||||||
Steve Simpson | Y | 200,000 | ||||||||||
Bernard Poznanski | Y | 100,000 |
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.
________________________________________
GOLDSTAR MINERALS INC. ("GDM")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Brokered Private Placement announced September 5, 2013 and October 30, 2013:
Number of Shares: | 1,525,000 non-flow through shares and 4,890,000 flow through shares | |||||
Purchase Price: | $0.08 per non-flow through share and $0.10 per flow through share | |||||
Warrants: | 1,525,000 share purchase warrants issued with the purchase of non-flow through shares and 2,445,000 share purchase warrants issued with the purchase of flow through shares to purchase 2,445,000 shares | |||||
Warrant Exercise Price: | $0.12 for a two year period | |||||
Number of Placees: | 52 placees |
Insider / Pro Group Participation:
Insider=Y / | ||
Name | ProGroup=P | # of Shares |
Benoit Moreau | Y | 500,000 FT |
Aggregate Pro Group Involvement | P | 900,000 NFT, 150,000 FT |
[3 placees] | ||
Agent's Fee: | $53,462.50 payable to Industrial Alliance Securities Inc., with 384,900 compensation options exercisable at $0.08 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.
________________________________________
H2O INNOVATION INC. ("HEO")
BULLETIN TYPE: Private Placement-Brokered, Correction
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated December 16, 2013, the Bulletin should have read as follows: "TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced on November 25, 2013.
Number of Shares: | 34,782,608 common shares | |||||
Purchase Price: | $0.23 per common share | |||||
Placees: | 18 placees |
Insider / Pro Group Participation:
Name | Insider=Y / ProGroup=P |
Number of Shares |
||||||||||
Richard A. Hoel | Y | 1,282,603 | ||||||||||
Frédéric Dugré | Y | 86,957 | ||||||||||
Élaine Phénix | Y | 43,479 | ||||||||||
Guillaume Clairet | Y | 217,392 | ||||||||||
Josée Riverin | Y | 21,740 | ||||||||||
Marc Blanchet | Y | 130,435 | ||||||||||
Côté Membrane Separation Ltd. (Pierre Côté) | Y | 86,957 | ||||||||||
Philippe Gervais | Y | 86,957 |
Underwriter's Commission : GMP Securities L.P. received $449,999.99 in cash.
The Company has announced the closing of the above-mentioned Private Placement pursuant to a news release dated December 5, 2013".
H2O INNOVATION INC. (« HEO »)
TYPE DE BULLETIN : Placement privé par l'entremise d'un courtier, Correction
DATE DU BULLETIN : Le 16 décembre 2013
Société du groupe 2 de Bourse de croissance TSX
Suite au bulletin de Bourse de croissance TSX daté du 16 décembre 2013, le bulletin aurait dû se lire comme suit : « 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 25 novembre 2013.
Nombre d'actions : | 34 782 608 actions ordinaires | |||||
Prix : | 0,23 $ par action ordinaire | |||||
Souscripteurs : | 18 souscripteurs |
Participation des initiés / Groupe Pro :
Nom | Initié = Y / Groupe Pro = P |
Nombre d'actions |
||||||||||
Richard A. Hoel | Y |
1 282 603 | ||||||||||
Frédéric Dugré | Y |
86 957 | ||||||||||
Élaine Phénix | Y |
43 479 | ||||||||||
Guillaume Clairet | Y |
217 392 | ||||||||||
Josée Riverin | Y |
21 740 | ||||||||||
Marc Blanchet | Y |
130 435 | ||||||||||
Côté Membrane Separation Ltd. (Pierre Côté) | Y |
86 957 | ||||||||||
Philippe Gervais | Y |
86 957 |
Commission du preneur ferme : GMP Securities L.P. a reçu 449 999,99 $ en espèces.
La société a annoncé la clôture du placement privé en vertu d'un communiqué de presse daté du 5 décembre 2013 ».
_________________________________________
INOVENT CAPITAL INC. ("IVQ.P")
BULLETIN TYPE: New Listing-CPC-Shares, Halt
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Amended and Restated Final Prospectus dated October 25, 2013 amending and restating the Final Prospectus dated June 28, 2013, has been filed with and accepted by TSX Venture Exchange and each of the British Columbia, Alberta, and Ontario Securities Commissions effective July 3, 2013, pursuant to the provisions of the British Columbia Securities Act. The Common Shares of the Company will be listed on TSX Venture Exchange on the effective date stated below.
The Company intends to complete its initial distribution of securities to the public. The gross proceeds received by the Company for the Offering will be $256,480 (2,564,800 common shares at $0.10 per share).
Commence Date: | At the opening on Wednesday, December 18, 2013, the Common shares will be listed and immediately halted on TSX Venture Exchange. | ||||||
Corporate Jurisdiction: | Business Corporations Act (British Columbia) | ||||||
Capitalization: | Unlimited common shares with no par value of which | ||||||
4,864,800 common shares are issued and outstanding | |||||||
Escrowed Shares: | 2,300,000 common shares | ||||||
Transfer Agent: | Computershare Investor Services Inc. (Vancouver) | ||||||
Trading Symbol: | IVQ.P | ||||||
CUSIP Number: | 45780H 10 3 | ||||||
Sponsoring Member: | Euro Pacific Canada Inc. (Vancouver) | ||||||
Agent's Options: | 256,480 non-transferable stock options. One option to purchase one share at $0.10 per share up to 24 months. |
For further information, please refer to the Company's Amended and Restated Prospectus dated October, 25, 2013.
Company Contact: | Ari Shack (Corp. Secretary & Director) | |||||
Company Address: | Suite #1130, 400 Burrard Street, Vancouver, BC, V6C 3A6 | |||||
Company Phone Number: | (604) 681-5885 | |||||
Company Fax Number: | (604) 681-5889 | |||||
Company Email Address: | [email protected] |
Seeking QT primarily in these sectors: Technology or Industrial.
________________________________________
KLONDIKE SILVER CORP. ("KS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 17, 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 dated June 21, 2013, as amended September 10, 2013, November 26, 2013 and December 6, 2013:
Number of Shares: | 2,020,000 shares | |||||
Purchase Price: | $0.05 per share | |||||
Warrants: | 2,020,000 share purchase warrants to purchase 2,020,000 shares | |||||
Warrant Exercise | Price: $0.07 for a four year period | |||||
Number of Placees: | 4 placees |
Insider / Pro Group Participation:
Insider=Y / | ||||||||||||
Name | ProGroup=P | # of Shares | ||||||||||
Richard Hughes | Y | 1,200,000 | ||||||||||
Hastings Management Corp. (R. Hughes) | Y | 450,000 |
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.
________________________________________
LGX OIL + GAS INC. ("OIL")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, December 17, 2013, shares of the Company resumed trading, an announcement having been made.
________________________________________
MARGAUX RED CAPITAL INC. ("MXC.P")
BULLETIN TYPE: Notice - QT Not Completed - Approaching 24 Months of Listing
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
The shares of the Company were listed on the TSX Venture Exchange on January 17, 2012. The Company, which is classified as a Capital Pool Company ("CPC") is required to complete a Qualifying Transaction ("QT") within 24 months of its date of listing, in accordance with Exchange Policy 2.4.
The records of the Exchange indicate that the Company has not yet completed a QT. If the Company fails to complete a QT by the 24-month anniversary date of January 17, 2014, the Company's trading status may be changed to a halt or suspension without further notice, in accordance with Exchange Policy 2.4, Section 14.6.
____________________________________
MEDALLION RESOURCES LTD. ("MDL")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 236,250 shares to settle outstanding debt for $37,800.
Number of Creditors: 1 Creditor
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
NEW KLONDIKE EXPLORATION LTD. ("NK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 8, 2013:
Number of Shares: | 1,080,000 common shares | |||||
Purchase Price: | $0.05 per share | |||||
Warrants: | 1,080,000 share purchase warrants attached to purchase 1,080,000 shares | |||||
Warrant Exercise Price: | $0.08 for the first year | |||||
$0.12 for the second year | ||||||
Number of Placees: | 6 placees |
Insider / Pro Group Participation:
Insider=Y / | ||||||||||||
Name | ProGroup=P | # of Shares | ||||||||||
Harry Hodge | Y | 560,000 | ||||||||||
Michael D. Coulter | Y | 400,000 |
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.
________________________________________
NEXTRACTION ENERGY CORP. ("NE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 2, 2013:
Number of Shares: | 1,253,166 shares | |||||
Purchase Price: | $0.15 per share | |||||
Warrants: | 626,583 share purchase warrants to purchase 626,583 shares | |||||
Warrant Exercise Price: | $0.25 for an 18 month year period | |||||
Number of Placees: | 9 placees | |||||
Insider / Pro Group | Participation: |
Insider=Y / | ||
Name | ProGroup=P | # of Shares |
Aggregate Pro Group Involvement | P | 20,000 |
[1 placee] | ||
Finder's Fee: | Raymond James $1,498.50 cash payable. |
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.]
________________________________________
NORTHERN TIGER RESOURCES INC. ("NTR")
BULLETIN TYPE: Halt
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
Effective at 11:52 a.m., PST, December 17, 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.
________________________________________
REDTAIL METALS CORP. ("RTZ")
BULLETIN TYPE: Halt
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
Effective at 11:52 a.m. PST, December 17, 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.
________________________________________
RESPECT YOUR UNIVERSE, INC. ("RYU")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 300,000 bonus warrants exercisable into 300,000 shares at a price of US$0.25 per share until January 1, 2015 in consideration of a loan of US$500,000.
________________________________________
SEA BREEZE POWER CORP. ("SBX")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
Further to the bulletin dated June 26, 2008, TSX Venture Exchange has accepted for filing the Company's proposal to issue 15,293,391 shares to settle outstanding debt for $1,501,643.84. The debt relates to interest due on convertible debentures in the principal amount of $2,500,000. The interest payments are payable in shares calculated semi-annually at the market price of the shares on the semi-annual calculation dates and payable upon maturity.
Number of Creditors: 3 Creditors
Insider / Pro Group Participation:
Insider=Y / | Amount | Deemed Price | ||||||||||||||||||
Creditor | Progroup=P | Owing | per Share | # of Shares | ||||||||||||||||
Kenneth L. Puryear | Y | $605,495.12 | various | 6,166,624 | ||||||||||||||||
Hoffman-Seabreeze LLC | ||||||||||||||||||||
(Mark Hoffman) | Y | $291,269.06 | various | 2,966,410 | ||||||||||||||||
Henry P. Anderson III | ||||||||||||||||||||
Revocable Living Trust | Y | $604,879.66 | various | 6,160,357 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
STARLIGHT U.S. MULTI-FAMILY CORE FUND CLASS A ("UMF.A") ("UMF.U")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: December 17, 2013
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
Distribution per CI A: | CDN$0.05663 | ||||
Payable Date: | January 15, 2014 | ||||
Record Date: | December 31, 2013 | ||||
Ex-Distribution Date: | December 27, 2013 | ||||
Distribution per CI U: | US$0.05636 | ||||
Payable Date: | January 15, 2014 | ||||
Record Date: | December 31, 2013 | ||||
Ex-Distribution Date: | December 27, 2013 | ||||
________________________________________
STARLIGHT U.S. MULTI-FAMILY (N0.2) CORE FUND ("SUD.A") ("SUD.U")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: December 17, 2013
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
Distribution per CI A: | CDN$0.03334 | |||
Payable Date: | January 15, 2014 | |||
Record Date: | December 31, 2013 | |||
Ex-Distribution Date: | December 27, 2013 | |||
Distribution per CI U: | US$0.03334 | |||
Payable Date: | January 15, 2014 | |||
Record Date: | December 31, 2013 | |||
Ex-Distribution Date: | December 27, 2013 |
________________________________________
STRIA CAPITAL Inc. ("SRA")
[formerly Stria Capital Inc. ("SRA.P")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Private Placement-Non-Brokered, Resume Trading
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
Qualifying Transaction:
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Filing Statement dated October 29, 2013. The closing of the Qualifying Transaction has occurred on December 6, 2013. As a result, at the opening on Wednesday, December 18, 2013, the Company will no longer be considered as a Capital Pool Company.
The Qualifying Transaction consists of an acquisition of a 100% interest in the 70 claims comprising the Pontax-Lithium Property (the "Property") located near James Bay, Quebec from Khalkos Exploration Inc. (TSX-V: KAS). The consideration paid consists of a cash payment of $100,000 and 833,333 common shares.
The Company is classified as an "All Other Metal Ore Mining" (NAICS Number: 212299) Company.
For further information, please refer to the Company's Filing Statement dated October 29, 2013, available on SEDAR.
Private Placement-Non-Brokered:
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement announced on October 28, 2013:
Number of Shares: | 83,333 Common Shares | |||||
Purchase Price: | $0.30 per share | |||||
Number of Placees: | 1 placee |
The Company has confirmed that the closing of the Qualifying Transaction and the Private Placement has occurred on December 6, 2013.
Resume Trading
Further to TSX Venture Exchange Bulletin dated April 8, 2013, the Company trading of the securities of the Resulting Issuer will resume at the opening on Wednesday, December 18, 2013.
Capitalization: | Unlimited common shares with no par value of which | |||||
15,438,258 common shares will be issued and outstanding | ||||||
Escrowed Shares: | 4,800,000 common shares, of which | |||||
480,000 common shares are released at the date of this bulletin. | ||||||
Transfer Agent: | Computershare Investor Services Inc. - Montréal | |||||
Trading Symbol: | SRA (Same symbol as CPC but with ".P" removed) | |||||
CUSIP Number: | 863309100 (UNCHANGED) |
The Exchange has been advised that the above transactions have been completed.
Company Contact: | Ms. Judith Mazvihwa-MacLean, Chief Financial Officer | |||||
Company Address: | 130 Albert Street, Suite 912, Ottawa Ontario K1P 5G4 | |||||
Company Phone Number: | 613-241-4040 | |||||
Company Fax Number: | 613-241-8632 | |||||
E-mail Address: | [email protected] | |||||
Company Web Site: | N/A |
___________________________________
SUPERIOR COPPER CORPORATION ("SPC")
BULLETIN TYPE: Halt
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
Effective at 10:49 a.m., PST, December 17, 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.
________________________________________
SUPERIOR COPPER CORPORQTION ("SPC")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
Effective at 12:00 p.m., PST, December 17, 2013, shares of the Company resumed trading, an announcement having been made.
________________________________________
VATIC VENTURES CORP. ("VCV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 1, 2013:
Number of Shares: | 5,225,000 shares | |||||
Purchase Price: | $0.06 per share | |||||
Warrants: | 5,225,000 share purchase warrants to purchase 5,225,000 shares | |||||
Warrant Exercise Price: | $0.10 for a three year period | |||||
Number of Placees: | 15 placees |
Insider / Pro Group Participation:
Insider=Y / | ||
Name | ProGroup=P | # of Shares |
Thomas Wilson | Y | 750,000 |
Firebrand Ventures Corp. (N. Tyab) | Y | 1,366,666 |
Finder's Fee: | $8,700 and 145,000 finder's warrants payable to Haywood Securities Inc. | |
$1,500 and 25,000 finder's warrants payable to Canaccord Genuity 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. This private placement closed in two tranches, the first tranche closed on October 22, 2013.
________________________________________
WESTHAVEN VENTURES INC. ("WHN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 21, 2013:
Number of Shares: | 1,848,555 flow-through shares | ||||
Purchase Price: | $0.09 per flow-through share | ||||
Warrants: | 1,848,555 share purchase warrants to purchase 1,848,555 shares | ||||
Warrant Exercise Price: | $0.14 for a two year period | ||||
Number of Placees: | 15 placees |
Insider / Pro Group Participation:
Insider=Y / | ||
Name | ProGroup=P | # of Shares |
Shaun Pollard | Y | 100,000 |
D. Grenville Thomas | Y | 278,000 |
Aggregate Pro Group Involvement | P | 350,000 |
[2 placees] | ||
Finders' Fees: | $2,160 payable to Haywood Securities Inc. | |
$2,920 payable to Canaccord Genuity Corp. | ||
$4,708.80 payable to Wolverton Securities 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.
________________________________________
WEST POINT RESOURCES INC. ("WPO")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
Further to the bulletin dated December 13, 2013, effective at the opening, Wednesday, December 18, 2013, trading in the shares of the Company will resume.
________________________________________
XIMEN MINING CORP. ("XIM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Remain Halted
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
Property-Asset or Share Purchase Agreement:
TSX Venture Exchange has accepted for expedited filing documentation of a Purchase Agreement dated December 3, 2013 between Ximen Mining Corp. (the "Issuer") and Running Fox Resource Corp. (the "Vendor") whereby the Issuer may acquire a 100% interest in 9 mineral claim tenures located in the Vernon Mining District of British Columbia (the "Property").
The total consideration payable to the Vendor is cash payments totaling $1,000,000 and share issuances in the amount of 1,000,000 common shares of the Issuer and $350,000 payable in common shares (payable on the second anniversary of the agreement with a deemed price of the greater of: (i) $0.05 and (ii) the average closing price on a 60-day trading average ending immediately prior to the share due date).
Remain Halted:
Further to the TSX Venture Exchange (the "Exchange") Bulletin dated December 4, 2013, effective at 6:37 a.m., December 5, 2013, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding a Fundamental Acquisition pursuant to TSXV Listings Policy 5.3. 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.
________________________________________
YANGARRA RESOURCES LTD. ("YGR")
BULLETIN TYPE: Prospectus- Share Offering
BULLETIN DATE: December 17, 2013
TSX Venture Tier 1 Company
Effective December 6, 2013, the Company's Short Form Prospectus dated December 6, 2013 was filed with and accepted by TSX Venture Exchange and filed with and receipted by the Alberta and Ontario Securities Commissions on December 6, 2013. The prospectus has been filed under Multilateral Instrument 11-102 Passport System in British Columbia, and Saskatchewan. A receipt for the prospectus is deemed to be issued by the regulator in each of those jurisdictions, if the conditions of the Instrument have been satisfied.
TSX Venture Exchange has been advised that closing occurred on December 12, 2013, for gross proceeds of $14,486,875.
Agent: | AltaCorp Capital Inc. | |||||
Dundee Securities Ltd. | ||||||
Paradigm Capital Inc. | ||||||
Acumen Capital Finance Partners Limited | ||||||
MGI Securities Inc. | ||||||
Offering: | 13,855,370 common shares ("Shares") | |||||
7,755,000 common shares of the Company to be issued as "flow-through shares" (the "CEE Shares") with respect to "Canadian exploration expenses" within the meaning of the Income Tax Act (Canada) | ||||||
3,394,915 common shares of the Company to be issued as "flow-through shares" ("CDE Shares") with respect to "Canadian development expenses" within the meaning of the Income Tax Act (Canada) | ||||||
Share Price: | $0.54 per Share | |||||
$0.645 per CEE Share | ||||||
$0.59 per CDE Share | ||||||
Underwriter's Commission: | Cash commission equal to 5.5% of the gross proceeds of the Offering other than in respect of up to $1,000,000 of the gross proceeds derived from the sale to Insiders, directors, officers and employees of, and consultants to, the Company (the "Orders") at a commission of 2.75% for such Orders to the Underwriters. |
________________________________________
ZENN MOTOR COMPANY INC. ("ZNN")
BULLETIN TYPE: Halt
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
Effective at 8:06 a.m., PST, December 17, 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.
________________________________________
ZENN MOTOR COMPANY INC. ("ZNN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 17, 2013
TSX Venture Tier 2 Company
Effective at 9:00 a.m., PST, December 17, 2013, shares of the Company resumed trading, an announcement having been made.
________________________________________
NEX COMPANIES:
ALLANTE RESOURCES LTD. ("ALL.H")
[formerly Precision Enterprises Inc. ("PSC.H")]
BULLETIN TYPE: Name Change and Consolidation, Remain Halted
BULLETIN DATE: December 17, 2013
NEX Company
Pursuant to a resolution passed November 15, 2013, the Company has consolidated its capital on a (3) three old for (1) one new basis. The name of the Company has also been changed as follows.
Effective at the opening on Wednesday, December 18, 2013, the common shares of Allante Resources Ltd. will remain halted pending receipt and review of acceptable documentation regarding a Qualifying Transaction pursuant to TSXV Listings Policy 2.4 and the common shares of Precision Enterprises Inc. will be delisted.
Post - Consolidation | ||||||
Capitalization: | Unlimited shares with no par value of which | |||||
4,000,600 shares are issued and outstanding | ||||||
Escrow: | 833,333 shares | |||||
Transfer Agent: | Computershare Investor Services Inc. | |||||
Trading Symbol: | ALL.H (new) | |||||
CUSIP Number: | 016738106 (new) |
________________________________________
SHANE RESOURCES LTD. ("SEI.H")
BULLETIN TYPE: Halt
BULLETIN DATE: December 17, 2013
NEX Company
Effective at 5:00 a.m., PST, December 17, 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
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article