VANCOUVER, March 8, 2018 /CNW/ -
TSX VENTURE COMPANIES
ALMONTY INDUSTRIES INC. ("AII")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: March 8, 2018
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's conversion of outstanding promissory notes totaling $4,000,000 plus accrued interest into a convertible debenture in the principal amount of $5,962,978. The debenture is convertible into common shares at $1.00 per share for a two year period maturing as of January 30, 2020.
The debenture bears interest at a rate of 6% per annum, which shall accrue monthly and compound quarter and shall be paid in kind on the earlier of maturity and the date of conversion at a price of $1.00 per share.
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BARKERVILLE GOLD MINES LTD. ("BGM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 8, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Asset Purchase Agreement dated February 27, 2018 between Steven Scott and John Bot (the "Vendors") and the Company whereby the Company has acquired five mineral claims located in the Cariboo Gold District, British Columbia. Consideration is $5,000.00 and 200,000 common shares (50% payable to each Vendor).
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BLUE BAY CAPITAL CORP. ("BLUE.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: March 8, 2018
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Prospectus dated December 15, 2017 has been filed with and accepted by TSX Venture Exchange and the British Columbia and Alberta Securities Commissions effective December 20, 2017, 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 to be received by the Company for the Offering will be $500,000 (5,000,000 common shares at $0.10 per share).
| Commence Date: |
At market open Monday March 12, 2018, the Common shares will be listed and immediately halted on TSX Venture Exchange. |
| The closing of the public offering is scheduled to occur on March 12, 2018. A further notice will be issued upon receipt of confirmation of closing and the trading halt will be lifted. |
|
| Corporate Jurisdiction: |
British Columbia |
| Capitalization: |
unlimited |
common shares with no par value of which |
| 7,900,000 |
common shares are issued and outstanding |
|
| Escrowed Shares: |
2,900,000 |
common shares |
| Transfer Agent: |
Computershare Investor Services Inc. |
| Trading Symbol: |
BLUE.P |
| CUSIP Number: |
095278107 |
| Agent: |
Haywood Securities Inc. |
| Agent's Options: |
500,000 non-transferable agent's options. One option entitles the holder to purchase one common share at $0.10 per share for a period of 24 months from listing date. |
For further information, please refer to the Company's Prospectus dated December 15, 2017.
| Company Contact: |
Rana Vig |
| Company Address: |
610-700 W. Pender St. Vancouver, BC V6C 1G8 |
| Company Phone Number: |
604-669-9788 |
| Company Fax Number: |
604-669-9768 |
| Company Email Address: |
________________________________________
BUZZ CAPITAL INC. ("BUZ.P")
BULLETIN TYPE: Halt
BULLETIN DATE: March 8, 2018
TSX Venture Tier 2 Company
Effective at 6.21 a.m. PST, March 8, 2018, 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.
________________________________________
CLAROCITY CORPORATION ("CLY")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: March 8, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing pursuant to a debt facility in the amount of $2,750,000 from Stableview Asset Management ("the Lenders"). The Debentures carry an interest rate of 24% per annum, calculated and payable quarterly in arrears in common shares of the Borrower at the discounted market price based on the five day volume weighted average price of the shares or in cash at the option of the Lender representative. As consideration for the Loan the lender will receive 7,833,334 common share purchase warrants ("Warrants") expiring on November 14, 2018. The Warrants are exercisable into Common Shares ("Shares") at a price of 0.10 per Share.
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GREENBRIAR CAPITAL CORP. ("GRB")
BULLETIN TYPE: Amendment
BULLETIN DATE: March 8, 2018
TSX Venture Tier 2 Company
AMENDMENT:
Further to the TSX Venture Exchange Bulletin dated March 05, 2018, the Exchange has accepted an amendment with respect to a Non-Brokered Private Placement announced February 07, 2018:
Finder's Fee: 32,230 options to acquire 32,230 units at a price of $1.03 per unit for a period of two years from closing. Each unit is comprised of one share and one half of one warrant.
Each whole warrant entitles the holder to acquire one share at a price of $1.50 per share for a period of two years from closing
________________________________________
LITHIUM X ENERGY CORP. ("LIX")
BULLETIN TYPE: Halt
BULLETIN DATE: March 8, 2018
TSX Venture Tier 2 Company
Effective at 7.40 a.m. PST, March 8, 2018, trading in the shares of the Company was halted due to a single stock circuit breaker; 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.
________________________________________
LITHIUM X ENERGY CORP. ("LIX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 8, 2018
TSX Venture Tier 2 Company
Effective at 7.45 a.m. PST, March 8, 2018, shares of the Company resumed trading, an announcement having been made.
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NORTHERN VERTEX MINING CORP. ("NEE")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture
BULLETIN DATE: March 8, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the Second and Final Tranche of a Non-Brokered Private Placement announced December 21, 2017:
| Convertible Debenture |
US$3,000,000 |
| Conversion Price: |
Convertible into shares at the lower of (i) CDN$0.70 and (ii) if the company has announced a potential merger, amalgamation, arrangement, acquisition or other business transaction that results in a change of control, or a M&A transaction as the case may be, the 20 day VWAP prior to such announcement, subject to a floor conversion price of no less than CDN$0.52. |
| Maturity date: |
January 31, 2020 |
| Interest rate: |
12% per annum |
| Number of Placees: |
1 Placee |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
Debenture amount |
| Greenstone Resources II L.P. |
Y |
US$3,000,000 |
| Facility fee: |
|
| Greenstone Resources II L.P. |
US$90,000 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.
________________________________________
PETRODORADO ENERGY LTD. ("PDQ")
BULLETIN TYPE: Resume Trading, Reverse Takeover-Terminated
BULLETIN DATE: March 8, 2018
TSX Venture Tier 2 Company
Effective at the open, Friday, March 9, 2018, trading in the Company's shares will resume.
Further to the Company's news release dated March 7, 2017, regarding the amalgamation agreement dated August 7, 2017 (the "Amalgamation Agreement"), as amended, with Western Atlas Resources Inc. ("Western Atlas" or "WAR"), WAR (the "WAR Letter") is seeking the termination of the Amalgamation Agreement.
________________________________________
PETRODORADO ENERGY LTD. ("PDQ")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: March 8, 2018
TSX Venture Tier 2 Company
Pursuant to Policy 1.2, TSX Venture Exchange has been advised of, and accepted the change of the Filing and Regional Office from Vancouver to Calgary.
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PROSPER GOLD CORP. ("PGX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 8, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 28, 2018:
| Number of Shares: |
5,000,000 shares |
| Purchase Price: |
$0.10 per share |
| Warrants: |
5,000,000 share purchase warrants to purchase 5,000,000 shares |
| Warrant Exercise Price: |
$0.15 for a 24 month period |
| Number of Placees: |
16 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
| Jason Hynes |
Y |
250,000 |
| Dexter John |
Y |
100,000 |
| Finder's Fee: |
Haywood Securities Inc. receives $2,500 and 25,000 non-transferable warrants, each exercisable for one share at a price of $0.15 per share for a 24 month period. |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period on February 28, 2018. [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.]
________________________________________
TRIGON METALS INC. ("TM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 8, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Mar 02, 2018:
| Number of Shares: |
1,699,999 shares |
| Purchase Price: |
$0.35 per share |
| Warrants: |
1,699,999 share purchase warrants to purchase 1,699,999 shares |
| Warrant Initial Exercise Price: |
$0.50 |
| Warrant Term to Expiry: |
2 Years |
| Number of Placees: |
3 Placees |
| Finder's Fee: |
|
| CIBC WOOD GUNDY |
$3,500.00 cash |
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.
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UNIVERSAL MCLOUD CORP. ("MCLD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 8, 2018
TSX Venture Tier 2 Company
Property-Asset or Share Purchase Agreement:
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation pertaining to a share purchase agreement dated January 3, 2018 (the "Agreement") among Universal mCloud Corp. (the "Company"), Tandem Expansion Fund I, L.P., Sagarmatha Matters Inc., James Fleck, 1376124 Ontario Limited and Synoptim Advisory Corp.
Pursuant to the Agreement, the Company acquired all of the issued and outstanding shares of NGrain (Canada) Corporation for consideration of $300,000 as well as 5,250,000 common shares of the Company.
Insider / Pro Group Participation: N/A
For additional information please refer to the Company's news releases dated January 4, 2018 and March 8, 2018.
_______________________________________
XXL ENERGY CORP. ("XL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 8, 2018
TSX Venture Tier 2 Company
Property-Asset or Share Purchase Agreement:
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation pertaining to an agreement dated July 1, 2017 (the "Agreement"), between XXL Energy Corp. (the "Company") and Standard Energy ("Standard"). Pursuant to the Agreement, the Company has acquired working interest ranging from 18.75% to 21.25% in oil and gas leases in Wyoming, USA.
Insider / Pro Group Participation: Standard is wholly-owned by John Hislop. Mr. Hislop is a director, officer and controlling shareholder of the Company.
For additional information please refer to the Company's news releases dated October 4, 2017 and March 7, 2018.
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NEX COMPANIES
BLACK BULL RESOURCES INC. ("BBS.H")
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: March 8, 2018
NEX Company
A Cease Trade Order has been issued by the British Columbia & Ontario Securities Commissions on March 7, 2018 against the following company for failing to file the documents indicated within the required time period:
| Symbol |
Tier |
Company |
Failure to File |
Period |
| BBS.H |
NEX |
Black Bull Resources Inc. |
interim financial report |
2017/12/31 |
| interim management's discussion and analysis |
2017/12/31 |
|||
| certification of the interim filings |
2017/12/31 |
Upon revocation of the Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements. Members are prohibited from trading in the securities of the companies during the period of the suspension or until further notice.
________________________________________
CAPITAL DGMC INC. ("FGF.H")
[formerly Capital DGMC Inc. ("FGF")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: March 8, 2018
NEX Company
In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening on Friday, March 9, 2018, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Montreal to NEX.
As of March 9, 2018, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.
The trading symbol for the Company will change from FGF to FGF.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.
Further to the TSX Venture bulletin issued December 6, 2017, trading in the shares of the Company will remain suspended.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
_______________________________________
HALIO ENERGY INC. ("HOIL.H")
[formerly Halio Energy Inc. ("HOIL")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: March 8, 2018
NEX Company
In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening on Friday, March 9, 2018, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Vancouver to NEX.
As of March 9, 2018, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.
The trading symbol for the Company will change from HOIL to HOIL.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.
Further to the TSX Venture bulletin issued December 4, 2017, trading in the shares of the Company will remain suspended.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
_______________________________________
TERRENO RESOURCES CORP. ("TNO.H")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 8, 2018
NEX Company
TSX Venture Exchange has accepted for filing documentation pursuant to an option agreement among Terreno Resources Corp. ("Terreno") and a private company whereby the Company may earn a 60% interest in the Las Cucharas gold and silver project in Mexico. The Las Cucharas project consists of 17 concessions covering slightly over 4,445 hectares. As consideration, Terreno will issue 2,000,000 common shares ("Shares") within 10 days of TSX Venture Exchange acceptance of the acquisition, 2,500,000 Shares on each of the first and second anniversary of the option agreement, 5,000,000 Shares on the fourth anniversary within five days of the transfer of a 60% interest in the concession titles. The company will also incur cumulative exploration expenditures of $700,000 by Oct 31, 2021 including $200,000 by Oct 31, 2019 and $450,000 by Oct 2020. The property option, once earned and exercised, will make the Las Cucharas project subject to a 3-per-cent net smelter return (NSR) royalty payable to Maverix Metals Inc.
Insider / Pro Group Participation: None
For further information, please refer to the Company's press release dated January 22, 2018.
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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