VANCOUVER, March 5, 2012 /CNW/ -
TSX VENTURE COMPANIES:
AMERICAN NATURAL ENERGY CORP. ("ANR.U")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: March 5, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 3,000,000 bonus shares to the following insiders in consideration of guaranteeing loans totaling $1,500,000.
Shares | ||||||||||||
Michael Paulk Steven P. Ensz |
1,500,000 1,500,000 |
________________________________________
APPALACHES RESOURCES INC. ("APP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 5, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on February 13, 2012:
Number of Shares: | 25,300,000 common shares | |||||||||||
Purchase Price: | $0.05 per common share | |||||||||||
Warrants: | 25,300,000 warrants to purchase 25,300,000 common shares | |||||||||||
Warrant Exercise Price: | $0.10 for a period of 24 months following the closing of the Private Placement | |||||||||||
Number of Placees: | 27 placees | |||||||||||
Insider / Pro Group Participation: | ||||||||||||
Name |
Insider = Y / Pro Group = P |
Number of shares |
||||||||||
Ginette Brisson Alain Hupé |
Y Y |
160,000 229,020 |
||||||||||
Finder's fee: | Carl Fleury and Axiom Capital Management Inc. respectively received $33,600 and $59,025 in cash and 672,000 and 454,779 in finders' warrants. Further, Carol Morton, Harvey Stober, Antony Fitzgerald, Jeffrey Mosseri and Douglass N. Loud respectively received 59,062, 368,548, 92,137, 103,359, and 103,359 in finders' warrants. Each warrant entitles the Holder to purchase one common shares at the exercise price of $0.10 per share until February 13, 2014. |
The Company has confirmed the closing of the above-mentioned Private Placement.
RESSOURCES APPALACHES INC. (« APP »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 5 mars 2012
Société du groupe 1 de TSX croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier, tel qu'annoncé le 13 février 2012:
Nombre d'actions : | 25 300 000 actions ordinaires | |||||||||||
Prix : | 0,05 $ par action ordinaire | |||||||||||
Bons de souscription : | 25 300 000 bons de souscription permettant de souscrire à 25 300 000 actions ordinaires | |||||||||||
Prix d'exercice des bons : | 0,10 $ pendant une période de 24 mois suivant la clôture du placement privé | |||||||||||
Nombre de souscripteurs : | 27 souscripteurs | |||||||||||
Initié / Participation Groupe Pro : | ||||||||||||
Nom |
Initié = Y / Groupe Pro = P |
Nombre d'actions |
||||||||||
Ginette Brisson Alain Hupé |
Y Y |
160 000 229 020 |
||||||||||
Frais d'intermédiation : | Carl Fleury et Axiom Capital Management inc. ont respectivement reçu les montants de 33 600 $ et 59 025 $ en espèces ainsi que 672 000 et 454 779 bons de souscriptions. De plus, Carol Morton, Harvey Stober, Antony Fitzgerald, Jeffrey Mosseri et Douglass N. Loud ont respectivement reçu 59 062, 368 548, 92 137, 103 359, et 103 359 bons de souscription. Chaque bon de souscription permet au titulaire de souscrire à une action ordinaire au prix d'exercice de 0,10 $ l'action jusqu'au 13 février 2012. |
La société a confirmé la clôture du placement privé précité.
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AVINO SILVER & GOLD MINES LTD. ("ASM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 5, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Mining Contract dated February 18, 2012 between the Company's wholly-owed Mexican subsidiary, Compania Minera Mexicana De Avino and Minerales De Avino [the Concessionary'] (Maria Irma Armendáriz Benavente, Raymundo Eduardo, Cesar Rogelio Stackpole Armendá and rizAmérica Irma Stockpole Armendáriz) whereby the Company will acquire mineral rights on four concessions (La Platosa, Tercer Rey, Unificacion Primer Ray and Avino Y Emma) located in the state of Durango, Mexico. The Company will have the exclusive right to explore and mine the property for an initial period of 15 years with an option to extend the agreement for another 5 years. Consideration is US$250,000 payable by the issuance of 135,189 common shares at a deemed price of $1.85 per share.
The Company has agreed to pay the Concessionary a royalty equal to 3.5% of net smelter returns at the commencement of commercial production. In addition, after the Development Period, if the minimum monthly processing rate of the mine facilities is less than 15,000 tonnes, then the Company must pay to the Concessionary a minimum royalty equal to the applicable NSR Royalty based on processing at a minimum monthly rate of 15,000 tonnes.
The Company has also been granted the exclusive right to purchase a 100% interest in the property at any time during the term of the agreement (or renewal thereof) upon payment of US$8,000,000 within 15 days of the Company's notice of election. This purchase agreement will be subject to further Exchange review and acceptance.
________________________________________
CALLINAN ROYALTIES CORPORATION ("CAA")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: March 5, 2012
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
Dividend per Common Share: Payable Date: Record Date: Ex-Dividend Date: |
$0.02 April 15, 2012 March 31, 2012 March 28, 2012 |
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COBALT COAL LTD. ("CCF")
BULLETIN TYPE: Halt
BULLETIN DATE: March 5, 2012
TSX Venture Tier 2 Company
Effective at the Open, March 5, 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.
________________________________________
EMGOLD MINING CORPORATION ("EMR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 5, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Mining Lease and Option to Purchase Agreement dated January 24, 2012, and an amendment thereto dated February 23, 2012 (collectively the 'Agreement'), between the Company and Jeremy C. Wire (the 'Lessor'). Under the terms of the Agreement, the Company is acquiring a 100% interest in nineteen unpatented lode mining claims in Mineral County, Nevada, referred to as the RHT and GEL Claims.
As consideration, the Company will pay US$5,000 on receipt of regulatory approval and will issue 50,000 shares of the Company at a deemed price of $0.10 per share. Thereafter annual payments totalling $130,000 will be payable to the Lessor for six years, in either cash or shares at the election of the Company for the first two years, and at the election of the Lessor for the remaining years. The deemed price per share will be the volume weighted closing price of the Issuer's shares on the TSX Venture Exchange for fifteen trading days ending on the date that is five days before the applicable payment is due, subject to a minimum price of US$0.09 per share. A 2% production royalty is also payable to the Lessor, and the Company may purchase a 100% interest in the royalty at any time for $1,000,000.
Please refer to the Company's news release dated February 13, 2012 for more details.
________________________________________
EMGOLD MINING CORPORATION ("EMR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 5, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Mining Lease and Option to Purchase Agreement dated January 24, 2012, and an amendment thereto dated February 23, 2012 (collectively the 'Agreement'), between the Company and Jeremy C. Wire (the 'Lessor'). Under the terms of the Agreement, the Company is acquiring a 100% interest in twenty-one unpatented lode mining claims in Mineral County, Nevada, referred to as the RH and PC Claims.
As consideration, the Company will pay US$5,000 on receipt of regulatory approval and will issue 50,000 shares of the Company at a deemed price of $0.10 per share. Thereafter annual payments totalling $130,000 will be payable to the Lessor for six years, in either cash or shares at the election of the Company for the first two years, and at the election of the Lessor for the remaining years. The deemed price per share will be the volume weighted closing price of the Issuer's shares on the TSX Venture Exchange for fifteen trading days ending on the date that is five days before the applicable payment is due, subject to a minimum price of US$0.08 per share. A 2% production royalty is also payable to the Lessor, and the Company may purchase a 100% interest in the royalty at any time for $1,000,000.
Please refer to the Company's news release dated February 6, 2012 for more details.
________________________________________
GEOVENCAP INC. ("GOV.P")
BULLETIN TYPE: CPC-Filing Statement, Remain Halted
BULLETIN DATE: March 5, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's Filing Statement dated March 2, 2012, for the purpose of filing on SEDAR.
Further to TSX Venture Exchange bulletin dated December 30, 2011, trading in the shares of the Company will remain halted.
_____________________________________________
GIDEON CAPITAL CORP. ("GOL.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: March 5, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated March 2, 2012, effective at 7:15 a.m., February 5, 2012, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Qualifying Transaction pursuant to TSXV Policy 2.4. 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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ISIGN MEDIA SOLUTIONS INC. ("ISD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 5, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to Brokered and Non-Brokered Private Placements announced March 1, 2012:
Number of Shares: | 7,315,131 shares | |||||||||||
Purchase Price: | $0.30 per share | |||||||||||
Warrants: | 3,657,565 share purchase warrants to purchase 3,657,565 shares | |||||||||||
Warrant Exercise Price: | $0.50 for a two year period | |||||||||||
Number of Placees: | 71 placees | |||||||||||
Insider / Pro Group Participation: | ||||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||||
William Godson Glen Cooke Jonathan Goodman Sharon Walden Jane Shantz Mounir R. El-Ayari Steve Benjamin Daniel Hache Aaron Hock Michael Lerner Jean-Francois Perrault 1077763 Ontario Limited |
P P P P P P P P P P P P |
150,000 117,800 83,333 50,000 85,000 125,000 50,000 50,000 16,000 166,667 40,000 300,000 |
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Finder's Fee: | An aggregate of $146,899 in cash and 489,664 finders' warrants payable to Raymond James Ltd., Canaccord Genuity Corp., Hampton Securities Limited, Mackie Research Capital Corporation, Union Securities Ltd., National Bank Financial Inc. and EMD Financial Inc. Each finder's warrant entitles the holder to acquire one common share at $0.50 for a two year period. |
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.
For further details, please refer to the Company's news release dated March 1, 2012.
________________________________________
LAS VEGAS FROM HOME.COM ENTERTAINMENT INC. ("LVH")
BULLETIN TYPE: Private Placement Non-Brokered, Amendment
BULLETIN DATE: March 5, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated February 28, 2012, the Exchange has accepted an amendment with respect to a Non-Brokered Private Placement announced December 5, 2011:
Finders' Fees: | 26,500 common shares to Pierre Fiset |
The rest of the bulletin remains unchanged.
________________________________________
LOUNOR EXPLORATION INC. ("LO")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 5, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 826,241 common shares at a deemed issue price of $0.10 per share to settle outstanding debts in the aggregate of $82,624.13, as announced by way of a press release dated March 2, 2012.
Number of Creditors: | 1 creditor |
The Company shall issue a press release when the shares are issued and the debt extinguished.
EXPLORATION LOUNOR INC. (« LO »)
TYPE DE BULLETIN : Émission d'actions en règlement d'une dette
DATE DU BULLETIN : Le 5 mars 2012
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation de la société en vertu de l'émission proposée de 826 241 actions ordinaires au prix réputé de 0,10 $ l'action en règlement de dettes totalisants 82 624,13 $, tel qu'annoncé par voie d'un communiqué de presse daté du 2 mars 2012.
Nombre de créanciers : | 1 créancier |
La société doit émettre un communiqué de presse lorsque les actions seront émises et que la dette sera réglée.
_____________________________________
MANADO GOLD CORP ("MDO")
BULLETIN TYPE: New Listing-IPO-Units, Halt
BULLETIN DATE: March 5, 2012
TSX Venture Tier 2 Company
The Company's Initial Public Offering ('IPO') Prospectus dated December 12, 2011, has been filed with and accepted by TSX Venture Exchange, and filed with and receipted by the British Columbia Securities Commission on December 12, 2011, pursuant to the provisions of the Securities Act.
The gross proceeds received by the Company for the Offering are $1,137,500 (3,250,000 units (the "Units") at a price of $0.15 per Unit and 3,250,000 Flow-Through Units ("Flow-Through Units") at $0.20 per Flow-Through Unit. Each Unit will consist of one common share and one-half of one common share purchase warrant (each whole common share purchase warrant a "Warrant"), and each Flow-Through Unit will consist of a Flow-Through Share and one-half of one Warrant. Each Warrant will entitle the holder to acquire one common share of the Company at a price of $0.20 per share for a period of 18 months following closing of the Offering.). The Company is classified as a 'Gold Mining' company.
Commence Date: | At the opening March 6, 2012, the Common shares will be listed and IMMEDIATELY HALTED on TSX Venture Exchange. |
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Corporate Jurisdiction: | British Columbia | |||||||||
Capitalization: Escrowed Shares: |
Unlimited 17,228,001 3,100,001 |
common shares with no par value of which common shares are issued and outstanding common shares |
||||||||
Transfer Agent: Trading Symbol: CUSIP Number: Agent(s)/Underwriter(s): |
Olympia Trust Company MDO 56165T109 Canaccord Genuity Corp |
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Agent's Warrants: | 650,000 non-transferable share purchase warrants, 100,000 corporate finance shares and 50,000 corporate finance non-transferable share purchase warrants. Each warrant to purchase one share at $0.20 per share up to 18 months. |
For further information, please refer to the Company's Prospectus dated December 12, 2011.
Company Contact: Company Address: Company Phone Number: Company Fax Number: Company Email Address: |
Logan B. Anderson 4781 Mapleridge Drive North Vancouver, BC, V7R 3T6 604 568-3118 604 568-4577 loganbanderson@hotmail.com |
________________________________________
MOUNTAIN CHINA RESORTS (HOLDING) LTD. ("MCG")
BULLETIN TYPE: Halt
BULLETIN DATE: March 5, 2012
TSX Venture Tier 1 Company
Effective at 5:50 a.m. PST, March 5, 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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NEVADA SUNRISE GOLD CORPORATION. ("NEV")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s, Amendment
BULLETIN DATE: March 5, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing additional amendments to a previously accepted convertible debenture as announced January 25, 2012. The amendments to this debenture are as follows:
Amended Convertible Debenture: | US$290,000 (originally US$500,000, previously amended to US$400,000) | |||||
Amended Conversion Price: | Convertible into units consisting of one common share and one half of one common share purchase warrant at $0.07 of principal outstanding. (Originally convertible into units at $0.17 of principal outstanding, unchanged since first amendment.) | |||||
Amended Maturity Date: | March 25, 2013 (originally March 26, 2011, previously amended to March 25, 2012) | |||||
Amended Warrant Terms: | Each full warrant will entitle the holder to purchase one common share for $0.12 for twelve months from the issuance of the amended convertible debenture. (Originally each full warrant exercisable at $0.25 for twelve months, unchanged since first amendment.) | |||||
Interest Rate: | 10% (UNCHANGED) |
The convertible debenture/s was issued pursuant to a private placement which was originally accepted for filing by the Exchange effective March 25, 2010.
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NOBLE MINERAL EXPLORATION INC. ("NOB")
[formerly Ring Of Fire Resources Inc. ("ROF")]
BULLETIN TYPE: Name Change
BULLETIN DATE: March 5, 2012
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders February 28, 2012, the Company has changed its name to Noble Mineral Exploration Inc. There is no consolidation of capital.
Effective at the opening, Wednesday, March 7, 2012, the common shares of Noble Mineral Exploration Inc. will commence trading on TSX Venture Exchange, and the common shares of Ring of Fire Resources Inc. will be delisted. The Company is classified as a 'Mineral Exploration/Development' company.
Capitalization: Escrow: |
Unlimited 125,500,699 nil |
shares with no par value of which shares are issued and outstanding shares |
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Transfer Agent: | Equity Transfer and Trust Company | |||||||||
Trading Symbol: CUSIP Number: |
NOB 65505T109 |
(new) (new) |
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OROCO RESOURCE CORP. ("OCO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 5, 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 February 27, 2012 and amended March 2, 2012:
Number of Shares: | 3,280,000 shares | |||||||||||
Purchase Price: | $0.25 per share | |||||||||||
Warrants: | 1,640,000 share purchase warrants to purchase 1,640,000 shares | |||||||||||
Warrant Exercise Price: | $0.40 for an eighteen month period | |||||||||||
Number of Placees: | 18 placees | |||||||||||
Insider / Pro Group Participation: | ||||||||||||
Name |
Insider=Y / ProGroup=P |
# of Shares |
||||||||||
Peter Wong Pinetree Resource Partnership (Pinetree Capital Ltd. - a TSX listed company) |
P Y |
10,000 1,000,000 |
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Finder's Fee: | 27,000 units (comprised of one share and one half of warrant exercisable at $0.40 for eighteen months) payable to Global Business Partners AG (Heinz Hoefliger). |
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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PACIFIC CASCADE MINERALS INC. ("PCV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 5, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 13, 2012:
Number of Shares: | 2,406,250 shares | ||||||||||||||
Purchase Price: | $0.08 per share | ||||||||||||||
Warrants: | 2,406,250 share purchase warrants to purchase 2,406,250 shares | ||||||||||||||
Warrant Exercise Price: | $0.15 for a one year period | ||||||||||||||
Number of Placees: | 22 placees | ||||||||||||||
Insider / Pro Group Participation: | |||||||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||||||||||
Harold Forzley Stephen Millen John Meekison Max Pinsky Personal Law Corp. (Max Pinsky) |
Y Y Y Y |
125,000 125,000 62,500 125,000 |
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Finder's Fee: | $8,000 payable to Jordan Capital Markets Inc. |
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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PARALLEL MINING CORP. ("PAL")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: March 5, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 25,000 bonus shares at a deemed price of $0.26 per share to a non-arm's length lender in consideration of a non-convertible bridge loan of up to $100,000 made to the Company. The lender, Butterscotch Holdings Inc., is part-owned by Rahoul Sharan, a director of the Company.
Please refer to the Company's news release of January 20, 2012 for further details.
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PELE MOUNTAIN RESOURCES INC. ("GEM")
BULLETIN TYPE: Halt
BULLETIN DATE: March 5, 2012
TSX Venture Tier 2 Company
Effective at 11:40 a.m. PST, March 5, 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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PRODIGY GOLD INC. ("PDG")
BULLETIN TYPE: Prospectus-Share Offering
BULLETIN DATE: March 5, 2012
TSX Venture Tier 2 Company
Effective on February 27, 2012, the Company's Short Form Prospectus dated February 27, 2012 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the British Columbia, Alberta and Ontario Securities Commissions, pursuant to the provisions of the British Columbia, Alberta and Ontario Securities Acts.
TSX Venture Exchange has been advised that closing occurred on March 5, 2012, for gross proceeds of $42,500,100
Underwriters: |
Casmir Capital Ltd Paradigm Capital Inc. National Bank Financial Inc. Byron Capital Markets Ltd. PI Financial Corp. |
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Offering: |
37,500,000 common shares 13,158,000 flow-through shares |
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Share Price: |
$0.80 per common share $0.95 per flow-through share |
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Underwriter's Commission: | 5% of gross proceeds | |||||
Over-Allotment Option: | The Underwriters were granted an option (the "Over-Allotment Option") exercisable in whole or in part from time to time until 30 days following the closing of the Offering, to purchase up to an additional 5,625,000 Common Shares at a price of $0.80 per Common Share on the same terms and conditions of the Offering for the purposes of covering the Underwriters' over-allotments, if any. The Underwriter's fee described above is also payable in respect of any common shares issued on exercise of the Over-Allotment Option. |
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SINCHAO METALS CORP. ("SMZ")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: March 5, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated March 2, 2012, effective 6:09 a.m., February 5, 2012, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding Change of Business and/or Reverse Takeover pursuant to Listings TSXV 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.
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SNIPP INTERACTIVE INC. ("SPN")
[formerly Alya Ventures Ltd. ("ALY.P")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Private Placement-Brokered, Name Change, Resume Trading
BULLETIN DATE: March 5, 2012
TSX Venture Tier 2 Company
Resume Trading:
Effective at the opening, on Tuesday, March 6, 2012, trading in the company's shares shall resume.
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its
Filing Statement dated February 27, 2012. As a result, at the opening on March 6, 2012, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following:
1. Acquisition:
The acquisition of all of the shares of Consumer Impulse Inc., in consideration of the issuance of:
i) | 22,742,305 common shares, | ||
ii) | 6,188,688 warrants exercisable at $0.13 per share for a 5-year period, and | ||
iii) | 37,499,997 Series 1 Preferred Shares (non-participating, voting). These Preferred Shares have since been redeemed by the Company for $3,750 and subsequently cancelled. |
A Finder's Fee composed of 400,000 shares payable to Mr. Waheed Nazareli is applicable.
A Corporate Finance Fee of $20,000 payable to Union Securities Ltd. is applicable.
2. Private Placement-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced November 18, 2011.
Number of Shares: | 13,333,333 shares | |||||||||||
Purchase Price: | $0.15 per share | |||||||||||
Warrants: | 13,333,333 share purchase warrants to purchase 13,333,333 shares | |||||||||||
Warrant Exercise Price: |
$0.22 for a one year period $0.27 in the second year |
|
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Number of Placees: | 66 placees | |||||||||||
Insider / Pro Group Participation: | ||||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||||
Jaisun Garcha 555058 BC Ltd. (Company owned by Noordin Nanji) James Locke Azim Dhalla Michael Jacobs Alnoor Versi Rex Thompson |
Y Y P P P P P |
400,000 units 300,000 units 30,000 units 65,000 units 50,000 units 50,000 units 12,336 units |
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Agent's Fee: | Union Securities Ltd. - 7% cash plus 1,333,333 warrants exercisable at $0.22 in Year 1 and $0.27 in Year 2. |
3. Name Change:
Pursuant to a resolution passed by the directors on February 24, 2012, the Company has changed its name to Snipp Interactive Inc. There is no consolidation of capital.
Effective at the opening on Tuesday, March 6, 2012, the common shares of Snipp Interactive Inc. will commence trading on TSX Venture Exchange, and the common shares of Alya Ventures Ltd. will be delisted. The Company is classified as a ''Technology" company.
Capitalization: Escrow: |
Unlimited 47,025,638 24,518,074 |
shares with no par value of which shares are issued and outstanding |
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Transfer Agent: | Computershare Investor Services Inc. | |||||||||
Trading Symbol: CUSIP Number: |
SPN 83306Y 10 2 |
(new) (new) |
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Company Contact: Company Address: Company Phone Number: Company Fax Number: Company Email Address: |
Anthony Durkacz 2045 Lakeshore Blvd West, Suite 3004 Toronto, ON M8V 2Z6 (416) 720-4360 No Fax Number [email protected] |
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SOLDI VENTURES INC. ("SOV")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 5, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation pertaining to a Mineral Property Option Agreement dated February 21, 2012 between Soldi Ventures Inc. (the 'Company') and the optionor, Ken Smith, pursuant to which the Company has an option to acquire a 100% undivided interest in 2 property units comprising 1,182 hectares north of Ottawa, Quebec, known as the Cameron Graphite Property. In consideration, the Company will make cash payments totalling $150,000 and issue a total of 2,200,000 shares both in stages, as follows:
CASH | SHARES | ||||||||||||||||
Upon signing Upon Exchange acceptance On or before 1st anniversary On or before 2nd anniversary |
$40,000 0 $50,000 $60,000 |
0 600,000 800,000 800,000 |
The property is subject to a 2% net smelter return royalty, of which the Company may purchase 1% for $1,000,000 at any time up to when a production decision has been made.
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WHITE PINE RESOURCES INC. ("WPR")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: March 5, 2012
TSX Venture Tier 2 Company
Further to our initial bulletin dated December 17, 2010 and amended February 14, 2011, TSX Venture Exchange has accepted for filing documentation relating to an amendment agreement (the "Amendment Agreement") dated February 28, 2012 between Shawn Ryan ("Ryan"), Wildwood Exploration Inc. ("Wildwood") (collectively, the "Optionors") and White Pine Resources Inc. (the "Company"). Pursuant to the Amendment Agreement, the due dates for each of the original remaining cash payments, share issuance and exploration expenditure obligations have been extended by one year.
For more information, refer to the Company's news release dated March 5, 2012.
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NEX COMPANY:
INVICTUS FINANCIAL INC. ("IVF.H")
BULLETIN TYPE: Consolidation, Remain Suspended
BULLETIN DATE: March 5, 2012
NEX Company
Pursuant to a special resolution passed by shareholders December 1, 2009, the Company has consolidated its capital on a 20 old for 1 new basis with no change to its authorized capital. The name of the Company has not been changed.
Further to British Columbia Securities Commission Cease Trade Order dated September 9, 2011 the shares of the Company remain suspended from trading. The Company is classified as an 'Information Services' company.
Consolidation and Cusip number change date is effective at the opening, Tuesday, March 6, 2012, and the company will remain suspended.
Post - Consolidation Capitalization: Escrow: |
75,000,000 2,573,001 nil |
shares with no par value of which shares are issued and outstanding shares are subject to escrow |
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Transfer Agent: | Computershare Trust Company of Canada | |||||||||
Trading Symbol: CUSIP Number: |
IVF.H 46184H202 |
(UNCHANGED) (NEW) |
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Market Information Services at 1-888-873-8392, or email: [email protected]
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