VANCOUVER, Jan. 11, 2012 /CNW/ -
TSX VENTURE COMPANIES:
ADVENTURE GOLD INC. ("AGE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 11, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement:
| Number of Shares: | 3,888,946 common shares | |||||||||
| Purchase Price: | $0.45 per common share | |||||||||
| Warrants: | 1,944,473 warrants to purchase 1,944,473 common shares | |||||||||
| Warrant Exercise Price: | $0.65 for a 24-month period following the closing of the Private Placement | |||||||||
| Number of Placees: | 23 placees | |||||||||
| Insider / Pro Group Participation: | ||||||||||
| Name |
Insider = Y / Pro Group = P |
Number of shares |
||||||||
| Stéphane Le Bouyonnec Marc L'Heureux |
Y Y |
35,000 14,500 |
||||||||
| Finder's Fee: | Windermere Capital (Canada) Inc. received $108,501 in cash, as well as 275,560 warrants. Each warrant entitles the Holder to purchase one common share of the Company at a price of $0.45 per common share for two years. |
The Company has confirmed the closing of the Private Placement by way of a news release issued on December 28, 2011.
ADVENTURE GOLD INC. (« AGE »)
TYPE DE BULLETIN: Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 11 janvier 2012
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 :
| Nombre d'actions : | 3 888 946 actions ordinaires | |||||||||
| Prix : | 0,45 $ par action ordinaire | |||||||||
| Bons de souscription : | 1 944 473 de bons de souscription permettant de souscrire à 1 944 473 actions ordinaires | |||||||||
| Prix d'exercice des bons : | 0,65 $ pendant les 24 mois suivant la clôture du placement privé | |||||||||
| Souscripteurs : | 23 souscripteurs | |||||||||
| Participation Initié / Groupe Pro : | ||||||||||
| Nom |
Initié = Y / Groupe Pro = P |
Nombre d'actions |
||||||||
| Stéphane Le Bouyonnec Marc L'Heureux |
Y Y |
35 000 14 500 |
||||||||
| Honoraires d'intermédiation: | Windermere Capital (Canada) inc. a reçu 108 501 $ en espèces ainsi que 275 560 bons de souscription. Chaque bon permet au titulaire de souscrire à une action ordinaire de la société au prix de 0,45 $ l'action pendant deux ans. |
La société a confirmé la clôture du placement privé par voie de communiqué de presse émis le 28 décembre 2011.
_____________________________________
ALTAN RIO MINERALS LIMITED ("AMO")
[formerly AMN Capital Corp. ("AMO.P")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Property-Asset or Share Purchase Agreement, Private Placement - Brokered, Private Placement-Non- Brokered, Name Change and Consolidation, Resume Trading
BULLETIN DATE: January 11, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing Altan Rio Minerals Limited's (formerly AMN Capital Corp.) (the "Company" or the "Resulting Issuer") Qualifying Transaction described in its filing statement (the "Filing Statement") dated November 28, 2011. As a result, effective at the opening Thursday, January 12, 2012, the trading symbol for the Company will change from AMO.P to AMO and the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following matters, all of which have been accepted by the Exchange.
Acquisition of Altan Rio Minerals Limited:
The Company completed a three cornered amalgamation pursuant to an amalgamation agreement (the "Amalgamation Agreement") dated August 31, 2011 between the Company, 0916963 B.C. Ltd., a corporation incorporated pursuant to the BCBCA ("CPC Subco") and Altan Rio Minerals Limited ("Altan Rio") under which resulted in the formation of an amalgamated company ("Amalco").
Pursuant to the terms of the Amalgamation Agreement, the Company acquired all of the issued and outstanding Altan Rio shares by way of the three cornered amalgamation, which resulted in the formation of Amalco. As a result of the three cornered amalgamation, all of the Altan Rio shares were exchanged for Resulting Issuer shares issued to the former Altan Rio shareholders, and Resulting Issuer warrants were exchanged for all outstanding Altan Rio warrants. Amalco issued to the Resulting Issuer one Amalco share for each Resulting Issuer share issued to the Altan Rio shareholders. The Resulting Issuer was issued one Amalco Share in exchange for each issued and outstanding CPC Subco share held by the Resulting Issuer. As a result of the foregoing, Amalco became a wholly-owned subsidiary of the Resulting Issuer.
Approval for the three cornered amalgamation was obtained from the Company as the sole shareholder of CPC Subco by way of a written resolution, and the approval of the Altan Rio shareholders was obtained by way of a special meeting of the Altan Rio shareholders prior to closing.
The Resulting Issuer's principal property is the Chandman-Yol Project which is located at latitude 47°23'N, longitude 92°E 53'E, about 1,050 km west of Ulaanbaatar, Mongolia.
The Exchange has been advised that the above transaction has been completed. The full particulars of the Company's Qualifying Transaction are set forth in the Filing Statement, which has been accepted for filing by the Exchange and which is available under the Company's profile on SEDAR.
Private Placement - Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced July 12, 2011:
| Number of Shares: | 1,500,000 shares | |||||||||
| Purchase Price: | $0.50 per share | |||||||||
| Warrants: | 750,000 share purchase warrants to purchase 750,000 shares | |||||||||
| Warrant Exercise Price: | $0.65 for a two year period | |||||||||
| Number of Placees: | 29 placees | |||||||||
| Insider / Pro Group Participation: | ||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||
| Julie Catling Julie Prutton |
P P |
20,000 20,000 |
||||||||
| Agent's Fee: | Macquarie Private Wealth Inc. received a cash commission of $52,500, 20,000 common shares and $35,000 as a corporate finance fee, and 105,000 agent's options, each agent's option exercisable by the holder to acquire one common share at a price of $0.65 for a period of 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 any hold period(s).
Private Placement - Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 12, 2011:
| Number of Shares: | 500,000 shares | |||||||
| Purchase Price: | $0.50 per share | |||||||
| Warrants: | 250,000 share purchase warrants to purchase 250,000 shares | |||||||
| Warrant Exercise Price: | $0.65 for a two year period | |||||||
| Number of Placees: | 12 placees | |||||||
| Finder's Fee: | Mongolia International Capital Corporation received $15,000 and 30,000 finder's warrants, each finder warrant exercisable by the holder to acquire one common share at a price of $0.65 for a period of 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 any hold period(s).
Name Change and Consolidation:
Pursuant to a resolution passed by shareholders September 13, 2011, the Company has consolidated its capital on a 1.66665 old for 1 new basis. The name of the Company has also been changed to Altan Rio Minerals Limited.
Effective at the opening Thursday, January 12, 2012, the common shares of Altan Rio Minerals Limited will commence trading on TSX Venture Exchange, and the common shares of AMN Capital Corp. will be delisted.
| Post - Consolidation Capitalization: Escrow: |
|
Unlimited 45,503,522 1,150,001 16,914,494 |
shares with no par value of which shares are issued and outstanding shares are subject to a 36 month staged release escrow under the CPC escrow agreement shares are subject to a 36 month staged release under Tier 2 Surplus Security escrow agreement |
|||||||
| Transfer Agent: | Equity Financial Trust Company | |||||||||
| Trading Symbol: CUSIP Number: |
AMO 02143B 10 9 |
(NEW) (NEW) |
||||||||
The Company is classified as a 'Mineral Exploration' company.
Resume Trading:
Effective at the opening Thursday, January 12, 2012, trading in the shares of the Company will resume trading.
________________________________________
BONAPARTE RESOURCES INC. ("BON")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 11, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 8, 2011:
| Number of Shares: | 1,100,000 shares | |||||||||||||||||||||||||||||||
| Purchase Price: | $0.20 per share | |||||||||||||||||||||||||||||||
| Number of Placees: | 5 placees | |||||||||||||||||||||||||||||||
| Insider / Pro Group Participation: | ||||||||||||||||||||||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||||||||||||||||||||||||
| Matthew Turner Strategic Metals Inc. Richard Drechsler |
Y Y Y |
125,000 825,000 25,000 |
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.
________________________________________
BRITANNICA RESOURCES CORP. ("BRR")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: January 11, 2012
TSX Venture Tier 2 Company
Further to the bulletin dated December 1, 2011, TSX Venture Exchange has accepted the following amendment to the Non-Brokered Private Placement announced October 12, 2011, November 17, 2011 and November 24, 2011:
| Finders' Fees: |
$100,000 cash and 500,000 warrants payable to Canaccord Genuity Corp. $7,000 cash and 35,000 warrants payable to Macquire Private Wealth Inc. $7,500 cash and 42,500 warrants payable to D&D Securities Inc. $1,500 cash payable to Woodstone Capital Inc. $5,000 cash payable to MGI Securities Inc. |
The rest of the bulletin remains unchanged.
________________________________________
CAERUS RESOURCE CORPORATION ("CA")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: January 11, 2012
TSX Venture Tier 2 Company
Further to the bulletin dated November 22, 2011, TSX Venture Exchange has accepted the following amendment to the Non-Brokered Private Placement announced October 20, 2011:
| Insider / Pro Group Participation: | |||||||||||||||||||||||||||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||||||||||||||||||||||||||||||||
| David Hamilton-Smith Arthur Darryl Drummond Ken A. Sadowski |
Y Y Y |
130,000 20,000 140,000 |
The rest of the bulletin remains unchanged.
________________________________________
CANASIA INDUSTRIES CORPORATION ("CAJ")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 11, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Option Agreement dated January 5, 2012 between Canasia Industries Corporation (the "Company") and Chancellor Corporation (Dane Brown), whereby the Company is acquiring 40 claims prospective for Aluminous Clay and Rare Earths in the Gaspe Bay Region of Quebec, near Murdochville. In consideration, the Company will pay $20,000 in cash and issue 10,000,000 shares (5,000,000 shares in the first year) over a two-year period. The work commitments during a four-year period are $100,000 in the first 18 months, $250,000 within the first 30 months and $500,000 within 42 months.
________________________________________
FLYING A PETROLEUM LTD. ("FAB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 11, 2012
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 December 13, 2011:
| Number of Shares: | 2,480,000 shares | |||||||||||
| Purchase Price: | $0.05 per share | |||||||||||
| Warrants: | 2,480,000 share purchase warrants to purchase 2,480,000 shares | |||||||||||
| Warrant Exercise Price: | $0.10 for a one year period | |||||||||||
| Number of Placees: | 12 placees | |||||||||||
| Insider / Pro Group Participation: | ||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||||
| E & G Ross Henderson G. Ross Henderson for G.A. Henderson G. Ross Henderson |
P P P |
200,000 100,000 100,000 |
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. 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.
________________________________________
GEONOVUS MINERALS CORP. ("GNM")
BULLETIN TYPE: New Listing-Shares; Private Placement-Non-Brokered; Resume Trading, Amendment
BULLETIN DATE: January 11, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletins dated December 22, 2011 and January 4, 2012, the Exchange has accepted an amendment with respect to the listing of GeoNovus Minerals Corp.:
| Private Placement-Non-Brokered: | |||||||||||||||||||||||||||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||||||||||||||||||||||||||||||||
| Mike England | Y | 500,000 |
________________________________________
GOLDEN DAWN MINERALS INC. ("GOM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 11, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 9, 2012:
| Number of Shares: | 1,510,000 flow through shares | ||||||||
| Purchase Price: | $0.05 per share | ||||||||
| Warrants: | 755,000 share purchase warrants to purchase 755,000 shares | ||||||||
| Warrant Exercise Price: | $0.12 for a two year period | ||||||||
| Number of Placees: | 6 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. 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.
________________________________________
ICN RESOURCES LTD. ("ICN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 11, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Property Option Agreement dated December 13, 2011 between ICN Resources Ltd. (the Company) and David Cooper Knight and Debra Jane Knight (as Trustee of the David C. and Debra J. Knight Living Trust) whereby the Company has been granted an option acquire a 100% interest in 35 unpatented claims in the Silver Cliff Property located in Custer County, Colorado. Consideration is $2,000,000 cash and 2,000,000 common shares payable over six years. A possible $3,000,000 cash and 1,000,000 common share bonus may be payable in connection with the Company achieving certain project milestones. The property is subject to a 2% NSR, and any subsequently acquired adjacent properties in the Area of Influence are subject to a 0.5% to 1% NSR.
________________________________________
GOLDEN SHARE MINING CORPORATION ("GSH")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 11, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to an arm's length Property Option Agreement (the "Agreement") dated December 16, 2011, to acquire a 100% interest in 20 claims (the "Property") located in the Setting Net Lake and North Trout Lake areas of Northwestern Ontario, Canada.
The Company can acquire a 100% interest in the Property over two years for a cash compensation of $50,000 over two years upon the achievement of certain milestones and by issuing to the vendor a maximum of 8,000,000 of the Company's common shares (500,000 shares upon signature, a maximum of 3,000,000 shares on the first anniversary date, a maximum of 3,000,000 shares on the second anniversary date and a maximum 1,500,000 additional shares upon reaching certain production milestones). The maximum 3,000,000 shares on the first and second anniversary dates are subject to down adjustments or to being replaced by cash payments.
For further information, please refer to the Company's press release dated December 20, 2011.
CORPORATION MINIÈRE GOLDEN SHARE (« GSH »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 11 janvier 2012
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents relativement à une convention d'option auprès de personnes sans lien de dépendance datée du 16 décembre 2011, afin d'acquérir un intérêt de 100 % dans 20 claims situés dans aux lacs Setting Net et North Trout dans le nord-ouest de l'Ontario au Canada.
La société peut acquérir une participation de 100 % dans la propriété sur une période de deux ans pour une contrepartie en espèces de 50 000 $ sur deux ans selon l'atteinte de certaines étapes et en émettant au vendeur 8 000 000 d'actions ordinaires de la société (500 000 actions à la signature, un maximum de 3 000 000 d'actions à la première date anniversaire, un maximum de 3 000 000 d'actions à la seconde date anniversaire et un maximum de 1 500 000 actions additionnelles suite à l'atteinte de certains seuils de production). Les maximums de 3 000 000 d'actions aux première et deuxième dates anniversaire sont sujets à des ajustements à la baisse ou à être remplacés par des paiements en espèces.
Pour plus d'information, veuillez vous référer au communiqué de presse émis par la société le 20 décembre 2011.
________________________________
MIRA RESOURCES CORP. ("MRP")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: January 11, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 30, 2011:
| Convertible Debenture: | US$2,000,000 | ||||||||
| Conversion Price: | Convertible into units consisting of one common share at a price that is equal to 95% of the weighted average trading price of the Company's shares for the 20 trading days preceding the date of conversion, subject to a minimum conversion price of $0.15 per share. |
||||||||
| Maturity date: | One year from closing | ||||||||
| Interest rate: | 12% per annum | ||||||||
| Number of Placees: | 4 placees | ||||||||
| Insider / Pro Group Participation: | |||||||||
| Name |
Insider=Y / ProGroup=P |
Principal Amount |
|||||||
| Cyrus Driver Johnathon More Nubia Energy Limited (Mohammed Asibelua) |
Y Y Y |
US$250,000 US$500,000 US$1,000,000 |
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.
________________________________________
NORTHERN SPIRIT RESOURCES INC. ("NS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 11, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 23, 2011 and closed on December 30, 2011:
| Number of Shares: | 6,200,000 flow-through shares ("FT Shares") | ||||||||||||||||
| Purchase Price: | $0.10 per FT Share | ||||||||||||||||
| Number of Placees: | 17 placees | ||||||||||||||||
| Insider / Pro Group Participation: | |||||||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||||||||||||
| Bruce Allford Kevin R. Baker Robert Jennings John Cassels |
Y Y Y Y |
150,000 1,000,000 750,000 350,000 |
|||||||||||||||
| Finder's Fee: | None |
________________________________________
OLYMPIA FINANCIAL GROUP INC. ("OLY")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: January 11, 2012
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
| Dividend per Share: Payable Date: Record Date: Ex-Dividend Date: |
$0.70 January 31, 2012 January 20, 2012 January 18, 2012 |
________________________________________
PASSPORT POTASH INC. ("PPI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 11, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 16, 2011, as amended December 29, 2011:
| Number of Shares: | 41,666,425 shares | ||||||||
| Purchase Price: | $0.18 per share | ||||||||
| Warrants: | 20,833,204 share purchase warrants to purchase 20,833,204 shares | ||||||||
| Warrant Exercise Price: | $0.20 for a one year period | ||||||||
| Number of Placees: | 34 placees | ||||||||
| Insider / Pro Group Participation: | |||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||||
| Frost Gamma Investments Trust (Phillip Frost) Joshua Daniel Robert Bleak John H. Eckersley Jeffrey Stevens Timothy James Dalton Paul Reid |
Y Y Y P P P |
11,111,111 1,388,900 138,900 83,333 97,222 97,000 |
|||||||
| Finder's Fee: | $34,997.19 payable to MGI Securities Inc., with 194,428 warrants exercisable at $0.20 for one year. |
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.
________________________________________
PAN AMERICAN LITHIUM CORP. ("PL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 11, 2012
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 January 3, 2012:
| Number of Shares: | 1,244,086 shares | ||||||||||||||||||||||||||||||||||||
| Purchase Price: | $0.06 per share | ||||||||||||||||||||||||||||||||||||
| Number of Placees: | 1 placee | ||||||||||||||||||||||||||||||||||||
| Insider / Pro Group Participation: | |||||||||||||||||||||||||||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||||||||||||||||||||||||||||||||
| Andrew Brodkey | Y | 1,000,000 |
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.
________________________________________
PANTERRA RESOURCE CORP. ("PRC")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: January 11, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has been advised by the Company that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated January 5, 2012, it may repurchase for cancellation, up to 1.384,579 shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange during the period January 12, 2012 to January 12, 2013. Purchases pursuant to the bid will be made by MGI Securities Inc. on behalf of the Company.
________________________________________
SAGRES ENERGY INC. ("SGI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 11, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to the Definitive Agreement and Amending Agreement (collectively, the "Agreements") between the Company and 2236967 Ontario Inc. ("PrivateCo") whereby the Company will acquire all the issued and outstanding shares of PrivateCo. In consideration, the Company will issue 15,000,000 common shares ("Acquisition Shares") at a deemed price of $0.35 per share. The Acquisition Shares will be subject to restrictions on resale such that 66.67% of the Acquisition Shares will be freely trading on issuance with the balance to be freely trading after 4 months of the issuance of such Acquisition Shares.
The Exchange further accepts for filing documentation pursuant to the two Private Participation and Indemnity Agreements (collectively, the "Participation Agreements") between PrivateCo and each of Stetson Oil & Gas Ltd. and Vast Exploration Inc. whereby PrivateCo will acquire a 90% interest in each of the Llanos 11 Block and the Putumayo 3 Block (collectively, the "Properties"). The Company will be issuing an aggregate of 25,000,000 common shares ("Performance Shares") at a deemed price of $0.35 per share to the former shareholders of PrivateCo to acquire the Properties. The Performance Shares will be subject to restrictions on resale such that 25% of the Performance Shares will be freely trading on issuance with the balance to be freely trading in equal installments after the 6, 12 and 18 month anniversaries of the issuance of such Performance Shares.
| Insider / Pro Group Participation: | |||||||||||||||||||||||||||||||||||||
| Name |
Insider=Y / ProGroup=P |
# of Shares |
|||||||||||||||||||||||||||||||||||
| Stan Bharti Ahmed Said Darren Moulds Daniel Bruno |
Y Y Y Y |
4,166,668 1,791,668 200,000 666,668 |
________________________________________
STANDARD EXPLORATION LTD. ("SDE")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: January 11, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced November 30, 2011, December 7, 2011 and December 29, 2011:
| Number of Shares: |
100,000 common shares 5,962,292 flow-through shares |
|
||||||||
| Purchase Price: |
$0.15 per common share $0.17 per flow-through share |
|
||||||||
| Number of Placees: | 15 placees | |||||||||
| Insider / Pro Group Participation: | ||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||
| Neil Burrows | Y | 170,000 FT | ||||||||
| Agent's Fee: | Emerging Equities Inc. - $69,978.27 cash and 418,410 broker warrants. Each broker warrant is exercisable at a price of $0.15 per share until March 29, 2013. |
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.
________________________________________
STAR NAVIGATION SYSTEMS GROUP LTD. ("SNA")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: January 11, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,600,000 shares at a deemed price of $0.20 per share to settle outstanding debt for $520,000.
| Number of Creditors: | 1 Creditor | |||||||||||||||||||||||
| Insider / Pro Group Participation: | ||||||||||||||||||||||||
| Creditor |
Insider=Y / Progroup=P |
Amount Owing |
Deemed Price per Share |
# of Shares |
||||||||||||||||||||
| Viraf S. Kapadia | Y | $520,000 | $0.20 | 2,600,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
THREEGOLD RESOURCES INC. ("THG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 11, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has accepted for filing the documentation relating to an acquisition agreement dated December 12, 2011 under which the Company acquired a 100% interest in the Caro, Majo and Rouzo properties located in Quebec and composed of 135 mining claims.
The compensation is composed of the issuance of 2,200,000 common shares to the Vendors over a four years period (1,000,000 shares at signature and 300,000 shares yearly) and 1,000,000 warrants to purchase 1,000,000 common shares at $0.15 for a period of one year and at $0.18 for the subsequent year as well as a $355,000 cash payment over five years ($75,000 at signature, $40,000 yearly and final payment of $120,000). The Vendors conserve a 3% NSR of which two third (2%) can be repurchased for $1,000,000 and half of the remaining 1% (0.5%) can be repurchased for $750,000.
For further information, please refer to the Company's press release dated January 4, 2012.
RESSOURCES THREEGOLD INC. (« THG »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 11 janvier 2012
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents en vertu d'une convention d'acquisition datée du 12 décembre 2011 selon laquelle la société a acquis un intérêt allant de 100 % dans les propriétés Caro, Majo et Rouzo situées au Québec et composée de 135 claims miniers.
La considération est composée de l'émission de 2 200 000 actions ordinaires aux vendeurs sur une période de quatre ans (1 000 000 d'actions à la signature et 300 000 actions annuellement) et de 1 000 000 de bons de souscription pour l'acquisition de 1 000 000 d'actions ordinaires à 0,15 $ pour une période de un an et à 0,18 $ pour l'année suivante ainsi qu'un paiement en espèces de 355 000 $ sur cinq ans (75 000 $ à la signature, 40 000 $ annuellement et un paiement final de 120 000 $). Les vendeurs conservent une royauté NSR de 3 % dont les deux tiers (2 %) peuvent être rachetées pour 1 000 000 $ et la moitié du 1 % résiduel (0,5 %) peut être rachetée pour 750 000 $.
Pour plus d'information, veuillez vous référer au communiqué de presse émis par la société le 4 janvier 2012.
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ZONE RESOURCES INC. ("ZNR")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: January 11, 2012
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: Original Expiry Date of Warrants: New Expiry Date of Warrants: Exercise Price of Warrants: |
1,660,000 January 19, 2012 January 19, 2014 $0.30 |
These warrants were issued pursuant to a private placement of 1,660,000 shares with 1,660,000 share purchase warrants attached, which was accepted for filing by the Exchange effective January 19, 2010.
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ZUNGUI HAIXI CORPORATION ("ZUN.H")
[formerly Zungui Haixi Corporation ("ZUN")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: January 11, 2012
TSX Venture Tier 2 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 Thursday, January 12, 2012, 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 Toronto to NEX.
As of January 12, 2012, 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 ZUN to ZUN.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 September 16, 2011, trading in the Company's securities will remain suspended. Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
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Market Information Services at 1-888-873-8392, or email: [email protected]
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