VANCOUVER, Feb. 20, 2015 /CNW/ -
TSX VENTURE COMPANIES:
ARCH BIOPARTNERS INC. ("ACH")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: February 20, 2015
TSX Venture Tier 2 Company
Effective at the opening, Monday, February 23, 2015, the common shares of the Company will commence trading on TSX Venture Exchange. The Company is classified as a "Research and Development of Pharmaceutical Products" company.
| Corporate Jurisdiction: |
Canada |
||
| Capitalization: |
Unlimited |
common shares with no par value of which |
|
| 53,118,179 |
common shares are issued and outstanding |
||
| Escrowed Securities: |
Nil |
common shares |
|
| Transfer Agent: |
TMX Equity Transfer Services |
||
| Trading Symbol: |
ACH |
||
| CUSIP Number: |
03938 C 104 |
||
For further information, please consult the Company's profile at www.sedar.com.
| Company Contact: |
Richard Muruve, CEO and Director |
| Company Address: |
27 St. Clair Avenue East, P.O. Box 305, Toronto, Ontario, Canada M4T 2M5 |
| Company Phone Number: |
647-428-7031 |
| Company Email Address: |
|
| Company Website: |
www.archbiopartners.com |
_________________________________________
ARROWSTAR RESOURCES LTD. ("AWS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 20, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 29, 2014:
| Number of Shares: |
2,480,500 shares |
| Purchase Price: |
$0.06 per share |
| Warrants: |
2,480,500 share purchase warrants to purchase 2,480,500 shares |
| Warrant Exercise Price: |
$0.15 for a five year period |
| Number of Placees: |
10 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.
________________________________________
BEDROCAN CANNABIS CORP. ("BED")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 20, 2015
TSX Venture Tier 2 Company
Effective at 5:00 A.M., PST, February 20, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
CANADIAN INTERNATIONAL MINERALS INC. ("CIN")
BULLETIN TYPE: Warrant Term and Price Amendment
BULLETIN DATE: February 20, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension to the term and reduction in the exercise price of the following warrants:
| Private Placement: |
|
| EXTENSION: |
|
| # of Warrants: |
9,000,000 |
| Original Expiry Date of Warrants: |
March 6, 2015 |
| New Expiry Date of Warrants: |
March 6, 2019 |
| PRICE REDUCTION: |
|
| # of Warrants: |
7,515,900 |
| Expiry Date of Warrants: |
March 6, 2019 |
| Original Exercise Price of Warrants: |
$0.10 |
| New Exercise Price of Warrants: |
$0.07 |
These warrants were issued pursuant to a private placement of 9,000,000 shares with 9,000,000 share purchase warrants attached, which was accepted for filing by the Exchange effective March 6, 2014.
________________________________________
DNI METALS INC. ("DNI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 20, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement announced on December 12, 2014:
| Number of Shares: |
11,500,000 common shares post-consolidation |
||
| Purchase Price: |
$0.05 per common share post-consolidation |
||
| Number of placees: |
25 Placees |
||
| Insider / Pro Group Participation: |
|||
| Name |
Insider = Y / |
||
| Pro Group = P |
Number of |
||
| Shares |
|||
| JEND Consulting Inc. (Daniel Weir) |
Y |
900,000 |
|
| Denis Clément |
Y |
900,000 |
|
| Colin Grant |
Y |
300,000 |
|
| Finders' Fees: |
George Pesut and Glenn Hasbon received cash compensation of $15,800 and $2,200, respectively. |
||
The Company has announced the closing of the Private Placement via the issuance of press releases dated January 5, 2015, January 27, 2015, February 6, 2015 and February 13, 2015.
DNI METALS INC. (« DNI »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 20 février 2015
Société du groupe 1 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 annoncé le 12 décembre 2014:
| Nombre d'actions : |
11 500 000 actions ordinaires post-consolidation |
||||
| Prix : |
0,05 $ par action ordinaire post-consolidation |
||||
| Nombre de souscripteurs : |
25 souscripteurs |
||||
| Participation des initiés / Groupe Pro : |
|||||
| Nom |
Initié = Y / |
||||
| Groupe Pro = P |
Nombre d'actions |
||||
| JEND Consulting Inc. (Daniel Weir) |
Y |
900 000 |
|||
| Denis Clément |
Y |
900 000 |
|||
| Colin Grant |
Y |
300 000 |
|||
| Honoraires d'intermédiation : |
George Pesut et Glenn Hasbon ont reçu une rémunération en espèces au montant de 15 800 et $2 200, respectivement. |
||||
La société a confirmé la clôture du placement privé précité par voie de communiqués de presse datés du 5 janvier, 27 janvier, 6 et 13 février 2015.
________________________________
DUNCASTLE GOLD CORP. ("DUN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 20, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing an assignment agreement dated November 30, 2014 between the Company, Ashburton Ventures Inc. ("the Assignor") and Tom Morgan (the "Optionor") pursuant to which the Assignor assigned to the Company an option agreement between the Optionor and the Assignor dated November 6, 2013 (the Option Agreement"). The Option Agreement provides for the option to acquire a 100% interest in the Ultra Property (the "Property") from the Optionor. The Property consists of a group of mineral claims covering 8,650 hectares located 42 kilometers northwest of Haines Junction in the Yukon. Consideration consists of $5,000 and 100,000 shares payable to the Assignor and $80,000 ($10,000 in the first year) and 350,000 shares (150,000 in the first year) to the Optionor and $500,000 in exploration expenditures ($50,000 in the first year). The Optionor is entitled to receive a royalty of 2% NSR of which the Company may repurchase half at any time for $1,000,000.
________________________________________
EXPLOR RESOURCES INC. ("EXS")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture
BULLETIN DATE: February 20, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement:
| Convertible Debenture: |
$570,000 |
||||||
| Conversion Price: |
Principal is convertible into common shares at a conversion price of $0.05 per share. |
||||||
| Maturity Date: |
One year |
||||||
| Interest Rate: |
8% per annum |
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| Number of Placees: |
5 Placees |
||||||
| Insider / Pro Group Participation: |
|||||||
| Name |
Insider=Y / |
Number of Shares upon |
|||||
| ProGroup=P |
Conversion of the Debentures |
||||||
| Concept Capital Management (Bernd Hogel) |
Y |
5,600,000 |
|||||
The Company has announced the closing of the Private Placement via the issuance of a press release dated February 10, 2015.
RESSOURCES EXPLOR INC. (« EXS »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier, débenture convertible
DATE DU BULLETIN : Le 20 février 2015
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 :
| Débenture convertible : |
570 000 $ |
||||
| Prix de conversion : |
Le capital est convertible en actions ordinaires au prix de conversion de 0,05 $ par action. |
||||
| Date d'échéance : |
Un an |
||||
| Taux d'intérêt : |
8 % par année |
||||
| Nombre de souscripteurs : |
5 souscripteurs |
||||
| Participation Initié / Groupe Pro : |
|||||
| Nom |
Initié = Y / |
Nombre |
|||
| Groupe Pro = P |
d'actions |
||||
| Concept Capital Management (Bernd Hogel) |
Y |
5 600 000 |
|||
La société a annoncé la clôture du placement privé par voie d'émission d'un communiqué de presse daté du 10 février 2015.
_____________________________________
GROUPE BIKINI VILLAGE INC. ("GBV")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 20, 2015
TSX Venture Tier 2 Company
Further to the Exchange bulletin dated February 17, 2015, effective at the open on Monday, February 23, 2015, the shares of the Company will resume trading, Exchange Requirements being clarified.
________________________________________
HIGHWAY 50 GOLD CORP. ("HWY")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: February 20, 2015
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: |
7,027,025 |
| Original Expiry Date of Warrants: |
February 28, 2015 |
| New Expiry Date of Warrants: |
February 28, 2016 |
| Exercise Price of Warrants: |
$0.60 |
These warrants were issued pursuant to a private placement of 7,027,025 shares with 7,027,025 share purchase warrants attached, which was accepted for filing by the Exchange effective March 4, 2014.
___________________________________
LOMIKO METALS INC. ("LMR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 20, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 12, 2015:
| Number of Shares: |
9,799,000 shares |
|||||
| Purchase Price: |
$0.06 per share |
|||||
| Warrants: |
9,799,000 share purchase warrants to purchase 9,799,000 shares |
|||||
| Warrant Initial Exercise Price: |
$0.125 |
|||||
| Warrant Term to Expiry: |
18 Months |
|||||
| Number of Placees: |
6 Placees |
|||||
| Insider / Pro Group Participation: |
||||||
| Insider=Y / |
||||||
| Name |
Pro-Group=P |
# of Shares |
||||
| Aggregate Pro-Group Involvement: |
P |
315,000 |
||||
| [1 Placee] |
||||||
| Finder's Fee: |
||||||
| Name |
Cash |
Shares |
Warrants |
Other |
||
| EMD Financial Inc. |
$24,000.00 |
|||||
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.
The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantee the accuracy or completeness of the information contained in this document. Readers should consult the issuer's continuous disclosure record for complete details of the transaction.
________________________________________
MATAMEC EXPLORATIONS INC. ("MAT")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: February 20, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to a joint venture agreement dated January 26, 2015 between Ressources Quebec Inc. ("RQ") and the Company, whereby RQ has acquired 28% interest in the Kipawa heavy rare earths deposit for a consideration of $3,000,000 paid into the joint account of the joint venture.
For further information, please refer to the Company's press release dated January 27, 2015.
MATAMEC EXPLORATIONS INC. (« MAT »)
TYPE DE BULLETIN : Convention de vente d'actif ou convention de vente d'actions
DATE DU BULLETIN : Le 20 février 2015
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents en vertu d'une entente de coentreprise datée du 26 janvier 2015, entre Ressources Québec inc. (« RQ ») et la société, selon laquelle RQ a acquiert 28 % d'intérêt dans le gisement de terres rares lourdes de Kipawa en contrepartie du paiement d'un montant de 3 000 000 $ au compte conjoint de la coentreprise.
Pour plus d'information, veuillez-vous référer au communiqué de presse émis par la société le 27 janvier 2015.
________________________________
MOSAIC CAPITAL CORPORATION ("M.PR.A")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: February 20, 2015
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
| Dividend per Preferred Security: |
$0.0833 |
| Payable Date: |
March 16, 2015 |
| Record Date: |
February 27, 2015 |
| Ex-Dividend Date: |
February 25, 2015 |
________________________________________
MOSAIC CAPITAL CORPORATION ("M")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: February 20, 2015
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
| Dividend per Common Share: |
$0.10 |
| Payable Date: |
March 31, 2015 |
| Record Date: |
February 27, 2015 |
| Ex-Dividend Date: |
February 25, 2015 |
________________________________________
NOBEL REAL ESTATE INVESTMENT TRUST ("NEL.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: February 20, 2015
TSX Venture Tier 2 Company
The Issuer has declared the following distribution(s):
| Distribution per Unit: |
$0.000957 |
| Payable Date: |
March 16, 2015 |
| Record Date: |
February 28, 2015 |
| Ex-Distribution Date: |
February 25, 2015 |
________________________________________
NORTHWEST INTERNATIONAL HEALTHCARE PROPERTIES REIT ("MOB.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: February 20, 2015
TSX Venture Tier 2 Company
The Issuer has declared the following distribution(s):
| Distribution per Trust Unit: |
$0.018333 |
| Payable Date: |
March 16, 2015 |
| Record Date: |
February 27, 2015 |
| Ex-Distribution Date: |
February 25, 2015 |
________________________________________
PEPCAP VENTURES INC. ("WAV.P")
BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction within 24 months of Listing
BULLETIN DATE: February 20, 2015
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated January 20, 2015, effective at the open on Monday, February 23, 2015, trading in the shares of the Company will be suspended, the Company having failed to complete a Qualifying Transaction within 24 months of its listing.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
________________________________________
PETROMAROC CORPORATION PLC ("PMA")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: February 20, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 789,772 shares to settle outstanding debt for $47,386.30.
| Number of Creditors: |
1 Creditor |
| No Insider / Pro Group Participation |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
PRO REAL ESTATE INVESTMENT TRUST ("PRV.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: February 20, 2015
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
| Distribution per Unit: |
$0.0175 |
| Payable Date: |
March 16, 2015 |
| Record Date: |
February 27, 2015 |
| Ex-Distribution Date: |
February 25, 2015 |
________________________________________
PURE MULTI-FAMILY REIT LP ("RUF.U") ("RUF.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: February 20, 2015
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
| Distribution per US Class Unit: |
US$0.03125 |
| Payable Date: |
March 16, 2015 |
| Record Date: |
February 27, 2015 |
| Ex-Distribution Date: |
February 25, 2015 |
| Distribution per CDN Class Unit: |
US$0.03125 |
| Payable Date: |
March 16, 2015 |
| Record Date: |
February 27, 2015 |
| Ex-Distribution Date: |
February 25, 2015 |
________________________________________
RIO SILVER INC. ("RYO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 20, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the second tranche of a Non-Brokered Private Placement announced January 13, 2015:
| Number of Shares: |
600,000 shares |
||||
| Purchase Price: |
$0.05 per share |
||||
| Warrants: |
600,000 share purchase warrants to purchase 600,000 shares |
||||
| Warrant Exercise Price: |
$0.075 for a two year period |
||||
| Number of Placees: |
2 Placees |
||||
| Insider / Pro Group Participation: |
|||||
| Insider=Y / |
|||||
| Name |
ProGroup=P |
# of Shares |
|||
| Jeffrey Reeder |
Y |
500,000 |
|||
| 1560498 Alberta Ltd. (R.Grywul) |
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.
________________________________________
RYU APPAREL INC. ("RYU")
formerly: Respect Your Universe Inc. ("RYU"),
BULLETIN TYPE: Plan of Arrangement, Halt
BULLETIN DATE: February 20, 2015
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by the shareholders of Respect Your Universe Inc. on January 27, 2015, a plan of arrangement under Section 288 of the Business Corporations Act (B.C.) has been approved. The Plan of Arrangement is to be completed at 11:59 p.m. on February 20, 2015 (the "Effective Date") and will result in the shares of Respect Your Universe Inc being exchanged for shares of RYU Apparel Inc. ("RYU Apparel") on a 1:1 basis, the delisting of Respect Your Universe Inc., and the listing of RYU Apparel, details as per below.
| Post - Arrangement: |
||||
| Capitalization: |
Unlimited |
shares with no par value of which |
||
| 55,291,788 |
shares are issued and outstanding |
|||
| Escrow: |
1,045.260 |
shares |
||
| Transfer Agent: |
Computershare Investor Services Inc. |
|||
| Trading Symbol: |
RYU |
(UNCHANGED) |
||
| CUSIP Number: |
74979J 10 0 |
(NEW) |
||
DELISTING/LISTING:
As a result of the Plan of Arrangement, the common shares of Respect Your Universe Inc. will be delisted from the TSX Venture Exchange at the close of business on Friday, February 20, 2015 and the common shares of RYU Apparel Inc. will be listed but WILL BE HALTED IMMEDIATELY at the opening on Monday, February 23, 2015.
HALT:
The Halt status is pending receipt of final documentation confirming the Effective Date and that clearance/settlement arrangements have been finalized.
Immediately after the Effective Date, RYU Apparel will mail all former registered shareholders of Respect Your Universe Inc.(the "Shareholders"), a letter that explains the process by which the Shareholders may receive certificates in the name of RYU Apparel. Shareholders are not required to obtain new share certificates as, after the Effective Date, share certificates in the name of Respect Your Universe Inc. will represent the same number of shares of RYU Apparel. If Shareholders wish to obtain a new share certificate in the name of RYU Apparel, they are required to follow the instructions in the letter mailed to all of the Shareholders. If Shareholders have any questions, they may contact Computershare Investor Services Inc., RYU Apparel's transfer agent, at 1-800-564-6253 or [email protected].
________________________________________
SAVOY VENTURES INC. ("SVO")
BULLETIN TYPE: Halt
BULLETIN DATE: February 20, 2015
TSX Venture Tier 2 Company
Effective at 9:55 a.m., PST, February 20, 2015, 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.
________________________________________
SAVOY VENTURES INC. ("SVO")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: February 20, 2015
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated February 20, 2015, effective at 12:10 p.m.,
February 20, 2015, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding a Change of Business and/or Reverse Take-Over pursuant to TSXV Listings Policy 5.2. 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.
________________________________________
SILVER MOUNTAIN MINES INC. ("SMM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 20, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 23, 2014:
| Number of Securities: |
2,317,800 flow-through share units ("Units") |
|
| Each Unit consists of one share issued on a flow-through basis |
||
| and one half of one common share purchase warrant ("Warrant") |
||
| Purchase Price: |
$0.05 per Unit |
|
| Warrants: |
1,158,900 Warrants to purchase 1,158,900 shares |
|
| Warrant Exercise Price: |
$0.10 expiring on December 31, 2017 |
|
| Number of Placees: |
10 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P / |
# of Units |
| Steve Konopelky |
Y |
337,000 |
| Finder's Fee: |
None |
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.
________________________________________
TEUTON RESOURCES CORP. ("TUO")
BULLETIN TYPE: Consolidation
BULLETIN DATE: February 20, 2015
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by directors on February 5, 2015, the Company has consolidated its capital on a five (5) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening, Monday, February 23, 2015, the common shares of Teuton Resources Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Gold and Silver Mining' company.
| Post - Consolidation |
||||
| Capitalization: |
Unlimited |
shares with no par value of which |
||
| 14,008,882 |
shares are issued and outstanding |
|||
| Escrow |
Nil |
shares |
||
| Transfer Agent: |
Computershare Trust Company of Canada |
|||
| Trading Symbol: |
TUO |
(UNCHANGED) |
||
| CUSIP Number: |
88162H 20 0 |
(NEW) |
||
________________________________________
UNITY ENERGY CORP. ("UTY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 20, 2015
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 February 18, 2015:
| Number of Shares: |
2,000,000 shares |
| Purchase Price: |
$0.05 per share |
| Number of Placees: |
2 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.
________________________________________
VENDTEK SYSTEMS INC. ("VSI")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: February 20, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 9, 2014 and January 15, 2015:
| Convertible Debenture |
$350,000 |
|
| Conversion Price: |
Convertible into common shares at $0.05 of principal outstanding in the first year and at $0.10 for the following two years. The Debenture will include a term that prohibits conversion where the holder would be equal to or above 20% of the Company's outstanding common shares without first having received shareholder approval. |
|
| Maturity date: |
Three years from the date of issuance |
|
| Warrants: |
7,000,000 warrants to purchase 7,000,000 common shares at an exercise price of $0.05 for a three year period. |
|
| Interest rate: |
1% per annum |
|
| Number of Placees: |
1 Placee |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
|
| F3 Capital Partners Ltd. |
Y |
|
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.
________________________________________
NEX COMPANIES:
AUSTPRO ENERGY CORPORATION ("AUS.H")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: February 20, 2015
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,678,360 shares at a deemed price of $0.05 per share to settle outstanding debt for $83,918.
| Number of Creditors: |
1 Creditor |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / |
|||
| Name |
ProGroup=P |
# of Shares |
|
| Edward A. Odishaw |
Y |
1,678,360 shares |
|
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
MEDITERRANEAN RESOURCES LTD. ("MNR.H")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 20, 2015
NEX Company
Effective at 6:30 A.M., PST, February 20, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
MEDITERRANEAN RESOURCES LTD. ("MNR.H")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: February 20, 2015
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 427,646 shares to settle outstanding debt for $106,911.46.
| Number of Creditors: |
5 Creditors |
||||
| Insider / Pro Group Participation: |
|||||
| Insider=Y / |
Amount |
Deemed Price |
|||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
|
| Anthony Jackson |
Y |
$60,000 |
$0.25 |
240,000 |
|
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
SOURCE TSX Venture Exchange
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