VANCOUVER, Feb. 1, 2012 /CNW/ -
TSX VENTURE COMPANIES:
AFRICA HYDROCARBONS INC. ("NFK")
[formerly Knight Metals Ltd. ("KNP")]
BULLETIN TYPE: Name Change
BULLETIN DATE: February 1, 2012
TSX Venture Tier 1 Company
The Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening, Thursday, February 2, 2012, the common shares of Africa Hydrocarbons Inc. will commence trading on TSX Venture Exchange, and the common shares of Knight Metals Ltd. will be delisted. The Company is classified as a 'Base metals exploration and development company'.
Capitalization: Escrow: |
Unlimited 45,250,393 nil |
shares with no par value of which shares are issued and outstanding |
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Transfer Agent: | Computershare Trust Company of Canada | |||||||||||
Trading Symbol: CUSIP Number: |
NFK 00830G100 |
(new) (new) |
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CARDIOCOMM SOLUTIONS INC. ("EKG")
BULLETIN TYPE: Halt
BULLETIN DATE: February 1, 2012
TSX Venture Tier 2 Company
Effective at 5:57 a.m. PST, February 2, 2012, 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.
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CARDIOCOMM SOLUTIONS INC. ("EKG")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 1, 2012
TSX Venture Tier 2 Company
Effective at 7:45 a.m., PST, February 1, 2012, shares of the Company resumed trading, an announcement having been made.
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CONIFEX TIMBER INC. ("CFF")
BULLETIN TYPE: Halt
BULLETIN DATE: February 1, 2012
TSX Venture Tier 1 Company
Effective at 10:17 a.m. PST, February 1, 2012, trading in the shares of the Company was halted at the request of the Company, pending an announcement. 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.
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COREX GOLD CORPORATION ("CGE")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: February 1, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an amending agreement between Corex Gold Corporation (the 'Company') and Rafael Fernando Gutierrez Badilla for the acquisition of the Hilda 35 Fraccion 1 mining concession whereby the final payment of US$719,000 (US$ 150,000 has been paid) and exercise of the option has been extended from December 11, 2011 to February 3, 2012. In consideration for the extension, the Company will issue US$100,000 worth of common shares at a deemed value of $0.19 per share (528,534 common shares) within 10 days of exercising the final contract and another US$100,000 worth of common shares, not to exceed the maximum of 528,534 common shares, on the 10 day average at the time of issuance, on or before June 30, 2012.
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EDGE RESOURCES INC. ("EDE")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 1, 2012
TSX Venture Tier 2 Company
Effective at 7:45 a.m., PST, February 1, 2012, shares of the Company resumed trading, an announcement having been made.
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ENHANCED OIL RESOURCES INC. ("EOR")
BULLETIN TYPE: Halt
BULLETIN DATE: February 1, 2012
TSX Venture Tier 2 Company
Effective at 5:47 a.m. PST, February 1, 2012, trading in the shares of the Company was halted at the request of the Company, 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.
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ENHANCED OIL RESOURCES INC. ("EOR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 1, 2012
TSX Venture Tier 2 Company
Effective at 9:00 a.m., PST, February 1, 2012, shares of the Company resumed trading, an announcement having been made.
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FIRST AMERICAS GOLD CORPORATION ("FAC")
[formerly Pannonia Ventures Corp. ("PAN.P")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Private Placement-Non-Brokered, Name Change, Resume Trading
BULLETIN DATE: February 1, 2012
TSX Venture Tier 2 Company
Qualifying Transaction:
TSX Venture Exchange has accepted for filing the Qualifying Transaction of Pannonia Ventures Corp. (the 'Company') as described in its amended filing statement (the 'Filing Statement') dated October 31, 2011. As a result, effective at the opening on Thursday, February 2, 2012, the trading symbol for the Company will change from PAN.P to FAC and the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following:
Under the terms of the Option Agreement, Nevada Pacific and Watering Hole granted the Company an option to acquire a 100% interest, and Aurumbank granted the Company an option to acquire a 50% interest, in their respective interests in certain mineral rights and unpatented mining claims located in the Gold Basin Mining District (collectively, the 'Properties'), covering approximately 7,670 acres, located in Mohave County, Arizona.
The Company may earn a 45% interest (the "First Option") in the Properties (which will include a 100% interest in the portion of the Properties owned by Nevada Pacific and such other portions of the Properties where the Company focuses its exploration during the First Option period) by:
(a) | allotting and issuing the Optionors an aggregate of: | |||||
(i) | 500,000 common shares on completion of the Qualifying Transaction; | |||||
(ii) | 500,000 common shares on or before the second anniversary date of the completion of the Qualifying Transaction; and | |||||
(b) | incurring exploration expenditures on any one or more of the Properties of $1,500,000 on or before the second anniversary date, with a minimum obligation to incur at least $275,000 in exploration expenditures by the first anniversary date of the completion of the Qualifying Transaction. |
The Company may earn an additional 35% interest (the "Second Option") in the Properties (which will include such portions of the Properties where the Company focuses its exploration during the Second Option period) by:
(a) | allotting and issuing the Optionors an additional aggregate of: | |||||
(i) | 875,000 common shares on or before the third anniversary date of the completion of the Qualifying Transaction; | |||||
(ii) | 875,000 common shares on or before the fourth anniversary date of the completion of the Qualifying Transaction; and | |||||
(b) | incurring exploration expenditures on any one or more of the Properties of $2,000,000 (for an aggregate total of $3,500,000) on or before the fourth anniversary date of the completion of the Qualifying Transaction. |
The Company may earn an additional 20% interest (the "Third Option") in the Properties, for a total 100% interest, by:
(a) | allotting and issuing the Optionors an additional aggregate of: | |||||
(i) | 1,125,000 common shares on or before the fifth anniversary date of the completion of the Qualifying Transaction; | |||||
(ii) | 1,125,000 common shares on or before the sixth anniversary date of the completion of the Qualifying Transaction; and | |||||
(b) | incurring exploration expenditures on any one or more of the Properties of $3,250,000 (for an aggregate total of $6,750,000) on or before the sixth anniversary date of the completion of the Qualifying Transaction. |
For further information on the Qualifying Transaction please read the Company's amended filing statement (the 'Filing Statement') dated October 31, 2011, available on SEDAR.
The Exchange has been advised that the above transactions have been completed.
In addition, the Exchange has accepted for filing the following:
Private Placement - Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement:
Number of Shares: | 1,555,000 shares | ||||||||
Purchase Price: | $0.20 per share | ||||||||
Warrants: | 1,555,000 share purchase warrants to purchase 1,555,000 shares | ||||||||
Warrant Exercise Price: | $0.30 for an 18-month period, subject to a right of call of the Company | ||||||||
Number of Placees: | 20 placees | ||||||||
Insider / Pro Group Participation: | |||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||||
David R. McElhanney David Rankin Black Prince Investments Ltd. (William L. MacDonald) Polly Upson Bernard Leroux Gale Cox |
Y Y Y P P P |
125,000 12,500 50,000 125,000 250,000 175,000 |
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Finder's Fee: | 40,400 units payable to Canaccord Genuity Corp. | ||||||||
- Each unit consisting of one common share and one share purchase warrant, with each warrant exercisable into one common share at a price of $0.30 for 18 months, subject to a right of call of the Company. |
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.]
Name Change & Resume Trading:
Effective at the opening, Thursday, February 2, 2012, the common shares of 'First Americas Gold Corporation' will commence trading on TSX Venture Exchange, under the symbol 'FAC' and the common shares of 'Pannonia Ventures Corp.' will be delisted. The Company is classified as a 'Mineral Exploration' company.
Capitalization: Escrow: |
Unlimited 8,145,400 1,950,000 |
common shares with no par value of which common shares are issued and outstanding common shares are subject to 36 month staged release escrow |
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Transfer Agent: Symbol: CUSIP Number: |
Computershare Investor Services Inc. FAC 31850Y101 |
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Company Contact: Company Address: Company Phone Number: Company Fax Number: Company Email Address: |
Drew M. Bonnell, President and CEO Suite 2323 - 1066 West Hastings Street Vancouver, BC V6E 3X2 (604) 601-8250 (604) 408-8893 [email protected] |
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FOCUS VENTURES LTD. ("FCV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 1, 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: | 7,037,000 shares | ||||||||
Purchase Price: | $0.15 per share | ||||||||
Warrants: | 7,037,000 share purchase warrants to purchase 7,037,000 shares | ||||||||
Warrant Exercise Price: | $0.20 for a two year period | ||||||||
Number of Placees: | 33 placees | ||||||||
Insider / Pro Group Participation: | |||||||||
Name |
Insider=Y / ProGroup=P |
# of Shares |
|||||||
Mario Szotlender Ralph Rushton Simon Ridgway Mill Street Services Ltd. (Simon Ridgway) David Cass Sally Whittall Scott Hunter Barbara Langer Erik Dekker Fadia Rahal Brad Hemingson Rebekah Whist |
Y Y Y Y Y Y P P P P P P |
907,695 50,000 133,333 533,334 133,334 17,000 133,334 740,000 130,000 130,000 167,000 167,000 |
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Finders' Fees: | $5,994 cash and 39,960 finder's warrants exercisable at $0.20 for two years payable to Leede Financial Markets Ltd. | ||||||||
8,940 finder's warrants (same terms as above) and 8,940 finder's units (comprised of one share and one warrant, with each warrant exercisable at $0.20 for two years from closing) payable to Axemen Resource Capital Ltd. |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. 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.
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GOLD RESERVE INC. ("GRZ")
BULLETIN TYPE: New Listing-Shares, Amendment
BULLETIN DATE: February 1, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated January 31, 2012, the Exchange has accepted an amendment with respect to the number of issued and outstanding shares of the company.
Capitalization: | |
Unlimited 60,246,708 |
common shares with no par value of which common shares are issued |
The rest of the bulletin remains unchanged.
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MADISON CAPITAL CORPORATION ("MDC.P")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: February 1, 2012
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 Calgary to Vancouver.
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MAJESCOR RESOURCES INC. ("MJX")
BULLETIN TYPE: Halt
BULLETIN DATE: February 1, 2012
TSX Venture Tier 1 Company
Effective at the open, February 1, 2012, 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.
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MAJESCOR RESOURCES INC. ("MJX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 1, 2012
TSX Venture Tier 1 Company
Effective at 8:45 a.m., PST, February 1, 2012, shares of the Company resumed trading, an announcement having been made.
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MEDMIRA INC. ("MIR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 1, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 31, 2012:
Number of Shares: | 20,000,000 shares | ||||||||||||||
Purchase Price: | $0.05 per share | ||||||||||||||
Warrants: | 20,000,000 share purchase warrants to purchase 20,000,000 shares | ||||||||||||||
Warrant Exercise Price: | $0.10 for a four year period | ||||||||||||||
Number of Placees: | 1 placee | ||||||||||||||
Insider / Pro Group Participation: | |||||||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||||||||||
Andurja Beteiligungen AG | Y | 20,000,000 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
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METROPOLITAN ENERGY CORP. ("MOE")
[formerly Metropolitan Mining Inc. ("MNZ")]
BULLETIN TYPE: Name Change
BULLETIN DATE: February 1, 2012
TSX Venture Tier 2 Company
Pursuant to a Director's Resolution passed on January 12, 2012, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening, Thursday, February 2, 2012, the common shares of Metropolitan Energy Corp. will commence trading on TSX Venture Exchange, and the common shares of Metropolitan Mining Inc. will be delisted. The Company is classified as a 'Mineral Exploration/Development' company.
Capitalization: Escrow: |
Unlimited 8,992,999 Nil |
shares with no par value of which shares are issued and outstanding shares |
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Transfer Agent: | Computershare Trust Company of Canada | |||||||||
Trading Symbol: CUSIP Number: |
MOE 59189A106 |
(new) (new) |
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MIDNIGHT SUN MINING CORP. ("MMA")
BULLETIN TYPE: Private Placement-Non-Brokered, Remain Halted
BULLETIN DATE: February 1, 2012
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 August 16, 2011:
Number of Shares: | 3,300,000 shares | ||||||||||||
Purchase Price: | $0.20 per share | ||||||||||||
Warrants: | 1,650,000 share purchase warrants to purchase 1,650,000 shares | ||||||||||||
Warrant Exercise Price: | $0.30 for an eighteen month period | ||||||||||||
Number of Placees: | 24 placees | ||||||||||||
Name |
Insider=Y / ProGroup=P |
# of Shares |
|||||||||||
Megan Beach Rick Pierog Ian S. MacPherson Margaret C. McGroarty Raymond Martin |
P P P P P |
200,000 25,000 25,000 20,000 50,000 |
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Finders' Fees: | $20,000 cash and 25,000 warrants exercisable at $0.30 for eighteen months payable to Toll Cross Securities Inc. |
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$11,200 cash and 70,000 warrants (same terms as above) payable to Canaccord Genuity Corp. | |||||||||||||
$11,200 cash and 70,000 warrants (same terms as above) payable to PI Financial Corp. | |||||||||||||
80,000 finder's shares payable to LML Capital Ltd. (Weiguo Lang). |
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.
Trading in the shares of the Company will remain halted.
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MINERAL HILL INDUSTRIES LTD. ("MHI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 1, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 20, 2012:
Number of Shares: | 2,912,500 shares | ||||||||||||||
Purchase Price: | $0.16 per share | ||||||||||||||
Warrants: | 2,912,500 share purchase warrants to purchase 2,912,500 shares | ||||||||||||||
Warrant Exercise Price: |
$0.22 for a one year period $0.35 in the second year |
|
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Number of Placees: | 2 placees | ||||||||||||||
Insider / Pro Group Participation: | |||||||||||||||
Name |
Insider=Y / ProGroup=P |
# of Shares |
|||||||||||||
Ascot Mining PLC (a Plus Markets traded company) |
Y |
2,812,500 |
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.
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MONSTER URANIUM CORP. ("MU")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 1, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement dated January 20, 2012 between Monster Uranium Corp. (the 'Company') and North American Exploration Ltd., whereby the Company will acquire a 100% interest in 135 mining claim units located in Hutt Township, Porcupine Mining Division of Ontario.
Total consideration consists of $75,000 in cash payments, 1,400,000 shares of the Company, and $500,000 in work expenditures over a two year period.
There is a 2.5% net smelter return relating to the acquisition. The Company may at any time purchase 1% of the net smelter return for $1,000,000 in order to reduce the total net smelter return to 1.5%.
In addition, there is a finder's fee of 200,000 shares payable to Sethu Kasi Raman.
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NORTHCLIFF RESOURCES LTD. ("NCF")
BULLETIN TYPE: Graduation
BULLETIN DATE: February 1, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has been advised that the Company's shares will be listed and commence trading on Toronto Stock Exchange at the opening on Thursday, February 2, 2012, under the symbol "NCF".
As a result of this Graduation, there will be no further trading under the symbol "NCF" on TSX Venture Exchange after February 1, 2012, and its shares will be delisted from TSX Venture Exchange at the commencement of trading on Toronto Stock Exchange.
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SATORI RESOURCES, INC. ("BUD")
BULLETIN TYPE: New Listing - Shares
BULLETIN DATE: February 1, 2012
TSX Venture Tier 2 Company
Effective at the opening Thursday, February 2, 2012, the common shares of the Company will commence trading on TSX Venture Exchange. The Company is classified as a 'Mining Exploration' company.
Corporate Jurisdiction: | Canada | |||||||||
Capitalization: Escrowed Shares: |
Unlimited 30,487,250 0 |
common shares with no par value common shares common shares |
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Transfer Agent: Trading Symbol: CUSIP Number: |
Equity Financial Trust Company BUD 804031102 |
For further information, please refer to the Company's Listing Application dated January 30, 2012.
Company Contact: Company Address: Company Phone Number: Company Email Address: |
Jennifer Boyle, President & CEO 80 Richmond Street West, Suite 804, Toronto, On, M5H 2A4 (647) 344-3158 info@satoriresources.ca |
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ST. EUGENE MINING CORPORATION LIMITED ("SEM")
BULLETIN TYPE: Delist, Plan of Arrangement
BULLETIN DATE: February 1, 2012
TSX Venture Tier 2 Company
Effective at the close of business February 1, 2012, the common shares of St. Eugene Mining Corporation Limited ("St. Eugene") will be delisted from TSX Venture Exchange. The delisting of St. Eugene shares results from a Plan of Arrangement (the "Arrangement"), as amended December 14, 2011, between St. Eugene and Claude Resources Inc. ("Claude") - a TSX listed company, whereby Claude has acquired 100% of St. Eugene's issued and outstanding common shares.
Under the terms of the Arrangement, St. Eugene shareholders will receive, for each common share held: (i) 0.0789 of a common share of Claude; and (ii) 0.25 of a common share of Satori Resources Inc. ("Satori") - a newly listed TSX Venture listed company (TSXV - "BUD").
As part of this Arrangement, St. Eugene will spin out all of its interest in and to the Tartan Lake mine project, which comprises certain mineral property interests and related assets located in the Flin Flon greenstone belt in Manitoba to Satori.
For further details, please refer to the Company's Information Circular dated December 15, 2011 and news releases dated October 25, 2011, December 13, 2011, January 18, 2012, and January 23, 2012.
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NEX COMPANIES:
ORIENT VENTURE CAPITAL INC. ("OVC.H")
BULLETIN TYPE: Halt
BULLETIN DATE: February 1, 2012
NEX Company
Effective at the Opening, February 1, 2012, 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.
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ZEOX CORPORATION ("ZOX.H")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: February 1, 2012
NEX Company
Further to TSX Venture Exchange Bulletin dated January 18, 2012, the Company has advised that the following information has been amended, all other information remains unchanged:
Number of Shares: | 3,360,000 shares | ||||||||||
Purchase Price: | $0.05 per share | ||||||||||
Warrants: | 3,360,000 share purchase warrants to purchase 3,360,000 shares |
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Market Information Services at 1-888-873-8392, or email: [email protected]
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