VANCOUVER, March 16, 2018 /CNW/ -
TSX VENTURE COMPANIES
BAYHORSE SILVER INC. ("BHS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 16, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Dec 19, 2017:
| Number of Shares: |
7,500,000 shares |
|
| Purchase Price: |
$0.20 per share |
|
| Warrants: |
7,500,000 share purchase warrants to purchase 7,500,000 shares |
|
| Warrant Initial Exercise Price: |
$0.30 |
|
| Warrant Term to Expiry: |
2 Years |
|
| Number of Placees: |
14 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
Pro-Group=P |
# of Shares |
| Graeme O'Neill |
Y |
3,460,000 |
| Rick Low |
Y |
92,000 |
| Finder's Fee: |
||
| Leede Jones Gable Inc. |
$4,900.00 cash; 24,500 shares; 24,500 warrants |
|
| Finder Warrant Initial Exercise Price: |
$0.30 |
|
| Finder Warrant Term to Expiry: |
Two years |
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.
________________________________________
BENZ MINING CORP. ("BZ")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: March 16, 2018
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletin dated May 19, 2017 with respect to the Property Purchase Agreement between the Company and Silver Range Resources Ltd. whereby the Company has been granted an option to purchase 100% of Silver Range's Mel zinc-lead-barite project located near Watson Lake, Yukon Territory, the balance of the cash finder's fee payable ($157,500 of $167,500) to 1015991 B.C. Ltd. (Jakobus Nieken & Bianca Nieken) will be payable by way of 450,000 common shares with a deemed price per share of $0.35.
________________________________________
CORSA COAL CORP. ("CSO")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: March 16, 2018
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Membership Interest Purchase Agreement (the "Agreement") dated as of March 13, 2018, between Wilson Creek Energy, LLC (the "Seller") – a wholly-owned subsidiary of Corsa Coal Corp. (the "Company") and Industrial Minerals Group, LLC, a non-arm's length party to the Company (the "Purchaser"), whereby the Purchaser has acquired 100% of the membership units of Kopper Glo Mining, LLC – the Company's wholly-owned subsidiary that holds a 100% interest in a coal reserve and coal resource located in Knoxville, Tennessee, USA.
The consideration received by the Company in connection with the transaction consisted of the assumption by the Purchaser of certain debt, leases and future costs, including end of mine closure costs, estimated in the aggregate of approximately US$8.0 million.
For further information, please refer to the Company's news releases dated March 7, 2018 and March 13, 2018.
________________________________________
FOUNDERS ADVANTAGE CAPITAL CORP. ("FCF")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: March 16, 2018
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
| Dividend per Common Share: |
$0.0125 |
| Payable Date: |
April 11, 2018 |
| Record Date: |
March 30, 2018 |
| Ex-dividend Date: |
March 28, 2018 |
________________________________________
GOLD HORN INTERNATIONAL ENTERPRISES GROUP LIMITED. ("GHE.H")
[formerly Gold Horn International Enterprises Group Limited. ("GHE.P")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: March 16, 2018
TSX Venture Tier 2 Company
In accordance with TSX Venture Exchange Policy 2.4, Capital Pool Companies, the Company has not completed a Qualifying Transaction within the prescribed time frame. Therefore, effective Monday, March 19, 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 Calgary to NEX.
As of March 19, 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 GHE.P to GHE.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 dated November 20, 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.
_______________________________________
GOOD NATURED PRODUCTS INC. ("GDNP")
BULLETIN TYPE: Private Placement-Brokered, Convertible Debenture/s
BULLETIN DATE: March 16, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced December 12, 2018:
| Convertible Debenture: |
$5,049,000 aggregate principal amount |
|
| Conversion Price: |
Convertible into common share at $0.15 |
|
| Maturity date: |
48 months from closing |
|
| Warrants |
Each warrant will have a 48 months from the date of issuance of the notes and entitle the holder to purchase one common share. The warrants are exercisable at the price of $0.10. |
|
| Interest rate: |
10% |
|
| Number of Placees: |
63 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
Convertible |
|
| Name |
ProGroup=P |
Debentures |
| Michel Labonte |
Y |
$6,000 |
| Paul Antoniadis |
Y |
$130,000 |
| Donald Holmstrom |
Y |
$36,000 |
| James Noel |
Y |
$6,000 |
| Jim Zadra |
Y |
$25,000 |
| Michael Thomson |
Y |
$6,000 |
| Aggregate Pro Group |
||
| Involvement [4 Placee(s)] |
P |
$260,000 |
| Agent's Fee: |
$103,652.50 cash and 1,069,934 brokers' warrants payable to Gravitas Securities Inc. |
|
| Finder's Fee: |
$140,777.50 cash and 1,069,933 brokers' warrants payable to Canaccord Genuity Corp. |
|
| $4,500 cash payable to Echelon Wealth Partners Inc. |
||
| $9,000 cash and 40,000 brokers' warrants payable to Leede Jones Gable Inc. |
||
| $13,500 cash and 60,000 brokers' warrants payable to National Bank Financial Inc. |
||
| Each brokers' warrant is convertible into one common share at a price of $0.15 for 36 months from closing. |
________________________________________
INDIVA LIMITED ("NDVA") ("NDVA.WT")
BULLETIN TYPE: New Listing-Warrants
BULLETIN DATE: March 16, 2018
TSX Venture Tier 1 Company
Listing of Warrants:
Effective at the opening, Monday, March 19, 2018, the common share purchase warrants of the Company will commence trading on TSX Venture Exchange. The Company is classified as a 'Mineral Exploration/Development' company.
| Corporate Jurisdiction: |
Ontario |
| Capitalization: |
14,238,150 warrants are issued and outstanding |
| Transfer Agent: |
Computershare Trust Company of Canada |
| Trading Symbol: |
NDVA.WT |
| CUSIP Number: |
45580J119 |
These warrants were distributed pursuant to the Company's Short Form Prospectus dated February 7, 2018, that has been posted on SEDAR. Each warrant entitles the holder to purchase one common share of the Company at a price of CDN$1.30 per share until expiry on February 13, 2020.
If, at any time prior to February 13, 2020 (the "Warrant Expiry Date"), the volume weighted average trading price of the common shares on the TSX Venture Exchange equals or exceeds CDN$2.10 for 10 consecutive trading days, the Company may, within 10 days of the occurrence of such event, provide written notice to the holders of the warrants and the warrant agent, supplemented by way of a news release, accelerating the expiry date of the warrants from the Warrant Expiry Date to the date that is 30 days following the date of such notice (the "Accelerated Expiry Date"). Any unexercised warrants will automatically expire on the Accelerated Expiry Date in accordance with the warrant indenture.
For further details, please refer to the Company's Short Form Prospectus dated February 7, 2018.
______________________________________
NEW AGE METALS INC. ("NAM")
BULLETIN TYPE: Warrant Price and Term Amendment
BULLETIN DATE: March 16, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date and increase to exercise price of the following warrants:
Private Placement:
| # of Warrants: |
7,124,553 |
| Original Expiry Date of Warrants: |
March 28, 2018 |
| New Expiry Date of Warrants: |
March 28, 2020 |
These warrants were issued pursuant to a private placement of 7,124,553 (post 3:1 consolidation) shares with 7,124,553 (post 3:1 consolidation) share purchase warrants attached, which was accepted for filing by the Exchange effective June 20, 2016.
| # of Warrants: |
7,124,553 |
| Original Exercise Price of Warrants: |
$0.15 |
| New Exercise Price of Warrants: |
$0.20 from March 29, 2018 to March 28, 2019 and $0.25 from March 29, 2019 to March 28, 2020. |
| Forced Exercise Provision: |
If the closing price for the Company's shares is $0.25 or greater for a period of 10 consecutive trading days during the period March 29, 2018 to March 28, 2019 and if the closing price for the Company's shares is $0.30 or greater for a period of 10 consecutive trading days during the period March 29, 2019 to March 28, 2020, then the warrant holders will have 30 days to exercise their warrants; otherwise the warrants will expire on the 31st day. |
________________________________________
PEEKABOO BEANS INC. ("BEAN")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: March 16, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced January 23, 2018:
| Number of Shares: |
2,983,333 shares |
|
| Purchase Price: |
$0.75 per share |
|
| Warrants: |
1,491,666 share purchase warrants to purchase 1,491,666 shares |
|
| Warrant Exercise Price: |
$1.00 for a 24 month period, subject to acceleration if at any time during the term of the warrants the volume weighted average price of the Common Shares on the TSX-V is greater than CDN $1.25 over a period of 10 consecutive trading days. |
|
| Number of Placees: |
54 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aggregate Pro Group |
||
| Involvement [8 places] |
P |
796,667 |
| Agent's Fee: |
Canaccord Genuity Corp. and Gravitas Securities Inc. receive $178,999.98, 149,116 units with terms as above, and 238,666 non-transferable warrants, each exercisable for one share at a price of $0.75 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 16, 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.]
________________________________________
PEEKABOO BEANS INC. ("BEAN")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: March 16, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 12, 2018:
| Convertible Debenture: |
$184,722.17 |
| Conversion Price: |
Convertible into units consisting of one common share and one half of one common share purchase warrant at $0.75 of principal outstanding. |
| Maturity date: |
March 9, 2020 |
| Warrants |
Each whole warrant is exercisable for one share at the price of $1.00 for a two year period. |
| Interest rate: |
12% per annum |
| Number of Placees: |
1 Placee |
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 March 12, 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.]
________________________________________
PROSPER GOLD CORP. ("PGX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 16, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation pertaining to an option agreement dated February 8, 2018 between Prosper Gold Corp. (the 'Company') and the optionors, Edward Joseph Korba and Recoskie Contracting Limited, pursuant to which the Company has the option to acquire a 100% interest in 15 claims located in the Currie Township, Ontario known as the Currie Project. In consideration the Company will pay a total of $130,000 and issue a total of 450,000 shares as follows:
| CASH |
SHARES |
|
| Upon Exchange acceptance |
$20,000 |
200,000 |
| Within 18 months |
$110,000 |
250,000 |
The acquisition is subject to a 2% net smelter returns royalty in favour of the optionors, of which the Company has the right to buy back 1% by the payment of $1,000,000.
________________________________________
RENAISSANCE OIL CORP. ("ROE")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: March 16, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced February 14, 2018:
| Number of Shares: |
44,555,000 shares |
|
| Purchase Price: |
$0.25 per share |
|
| Warrants: |
44,555,000 share purchase warrants to purchase 44,555,000 shares |
|
| Warrant Exercise Price: |
$0.50 for a three year period |
|
| Number of Placees: |
87 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Ian Telfer |
Y |
2,000,000 |
| Gordon Keep |
Y |
400,000 |
| Carlos Escibano |
Y |
60,000 |
| Aggregate Pro Group |
||
| Involvement [13 places] |
P |
5,345,000 |
| Agent's Fee: |
Haywood Securities Inc, together with Beacon Securities Limited, Paradigm Capital Inc., and Canaccord Genuity Corp. receive $555,675 and 2,673,100 non-transferable warrants, each exercisable at a price of $0.25 until March 5, 2020 for units with the same terms as above. |
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 March 5, 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.]
________________________________________
RMR SCIENCE TECHNOLOGIES INC. ("RMS.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 16, 2018
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated March 14, 2018, effective at market open on Monday, March 19, 2018, shares of the Company will resume trading. The Company completed its public offering of securities on March 15, 2018. The gross proceeds received by the Company for the offering were $500,000 (5,000,000 common shares at $0.10 per share).
________________________________________
STARLIGHT U.S. MULTI-FAMILY (NO. 1) VALUE-ADD FUND ("SUVA.A")("SUVA.U")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: March 16, 2018
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
| Distribution per Cl A: |
CDN $0.05 |
| Distribution per Cl U: |
US $0.05 |
| Payable Date: |
April 16, 2018 |
| Record Date: |
March 30, 2018 |
| Ex-distribution Date: |
March 28, 2018 |
________________________________________
STARLIGHT U.S. MULTI-FAMILY (NO. 5) CORE FUND ("STUS.A")("STUS.U")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: March 16, 2018
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
| Distribution per Cl A: |
CDN$0.05417 |
| Distribution per Cl U: |
US$0.05417 |
| Payable Date: |
April 16, 2018 |
| Record Date: |
March 30, 2018 |
| Ex-distribution Date: |
March 28, 2018 |
________________________________________
URBANIMMERSIVE INC. ("UI")
BULLETIN TYPE: Prospectus-Share Offering
BULLETIN DATE: March 16, 2018
TSX Venture Tier 2 Company
The Company's Short Form Prospectus dated December 5, 2017 was filed with and accepted by TSX Venture Exchange (the "Exchange") and filed with and receipted by the British Columbia, Ontario Securities Commissions and Autorité des marchés financiers du Québec pursuant to the provisions of the British Columbia, Ontario and Québec Securities Act.
| Agents: |
Leede Jones Gable Inc. |
| Offering: |
The offering consists in 10,000,000 units (the "Units") at the price of $0.125 per Unit. Each Unit is comprised of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at the exercise price of $0.25 per share during a period of 24 months following the closing date. |
| Offering Price: |
$0.125 per Unit |
| Warrant Exercise Price: |
$0.25 per Share during a period of 24 months |
| Agents' commission: |
$115,000 in cash and 920,000 agent warrants to acquire 920,000 Units at $0.125 per unit for 24 months |
| Over-Allotment Option: |
The agents have been granted an over-allotment option, exercisable for a period of 30 days following the closing date, to purchase an additional number of common shares equal to 15% of the number of common shares sold pursuant to the Offering. |
For further information, please refer to the Issuer's Prospectus dated December 5, 2017.
The Exchange has been advised that a total of 11,500,000 Units, including 1,500,000 Units pursuant to the exercise of the over-allotment option, have been issued at a price of $0.125 per Unit pursuant to the closing of the Offering, for aggregate gross proceeds of $1,437,500.
URBANIMMERSIVE INC. (« UI »)
TYPE DE BULLETIN : Émission d'actions par prospectus
DATE DU BULLETIN : Le 16 mars 2018
Société du groupe 2 de Bourse de croissance TSX
Le prospectus simplifié en date du 5 décembre 2017 de la société a été déposé et accepté par la Bourse de croissance TSX (la « Bourse ») et a été déposé et visé par l'Autorité des marchés financiers du Québec et les Commissions des valeurs mobilières de la Colombie-Britannique et de l'Ontario, en vertu des dispositions des Lois sur les valeurs mobilières du Québec, de la Colombie-Britannique et de l'Ontario.
| Agents : |
Leede Jones Gable Inc. |
| Offre : |
Le placement consiste en 10 000 000 unités au prix de 0,125 $ par unité. Chaque unité inclut une action ordinaire et un bon de souscription d'actions ordinaires. Chaque bon de souscription permet au détenteur d'acquérir une action additionnelle au prix d'exercice de 0,25 $ par action durant une période de 24 mois suivant la clôture. |
| Prix de l'offre: |
0,125 $ par unité |
| Prix d'exercice des bons: |
0,25 $ par action durant une période de 24 mois |
| Commission des agents : |
L'agent a reçu 115 000 $ en espèces ainsi que 920 000 bons de souscription de l'agent pour l'acquisition de 920 000 unités à 0,125 $ par unité pendant 24 mois suivant la clôture |
| Option d'attribution excédentaire : |
Les agents ont reçu une option pour attributions excédentaires, applicable pendant une période de 30 jours suivant la clôture, visant l'acquisition d'un nombre additionnel d'actions ordinaires égal à 15 % du nombre d'actions ordinaires souscrits dans le cadre du placement. |
Pour plus de renseignements, veuillez consulter le Prospectus de l'émetteur daté du 5 décembre 2017.
La Bourse a été avisée qu'un total de 11 500 000 unités, incluant l'exercice de l'option d'attribution excédentaire portant sur 1 500 000 unités, a été émis au prix de 0,125 $ par unité, dans le cadre de la clôture du placement, pour un produit brut de 1 437 500 $.
___________________________________________
VR RESOURCES LTD. ("VRR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 16, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 9, 2018:
| Number of Shares: |
8,030,000 shares |
|
| Purchase Price: |
$0.25 per share |
|
| Warrants: |
4,015,0000 share purchase warrants to purchase 4,015,000 shares |
|
| Warrant Exercise Price: |
$0.40 for a two year period |
|
| Number of Placees: |
32 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Michael Gunning |
Y |
200,000 |
| Resource Capital Fund VI LP |
Y |
2,000,000 |
| National Bank Financial Inc |
||
| (ITF AlphaNorth Partners |
||
| Fund Inc.) |
Y |
1,550,000 |
| Finder's Fee: |
$12,500 payable to AlphaNorth Asset Management |
|
| $8,000 payable to Canaccord Genuity Corp. |
||
| $8,750 payable to GMP Securities |
________________________________________
WEALTH MINERALS LTD ("WML")
BULLETIN TYPE: Halt
BULLETIN DATE: March 16, 2018
TSX Venture Tier 2 Company
Effective at 10.21 a.m. PST, March 16, 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.
________________________________________
NEX COMPANIES
PACIFIC TOPAZ RESOURCES LTD ("PPZ.H")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: March 16, 2018
NEX Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated March 13, 2018, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the change of business and/or Reverse Take-Over pursuant to 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.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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