VANCOUVER, March 9, 2012 /CNW/ -
TSX VENTURE COMPANIES:
BULLETIN TYPE: Cease Trade Orders
BULLETIN DATE: March 8, 2012
TSX Venture Companies
A Cease Trade Order has been issued by the British Columbia Securities Commission on March 8, 2012 against the following companies for failing to file the documents indicated within the required time period:
| Symbol |
Tier |
Company |
Failure to File |
Period Ending (Y/M/D) |
| DRU.P | 2 | Druk Capital Partners Inc. | Interim Financial Statements | 2011/12/31 |
| A Form 51-102F1 Management's | ||||
| Discussion & Analysis | 2011/12/31 | |||
| ECL | 2 | ECL EnviroClean Ventures Ltd. | Interim Financial Statements | 2011/12/31 |
| A Form 51-102F1 Management's | ||||
| Discussion & Analysis | 2011/12/31 | |||
| RPN.P | 2 | Red Pine Investment Ltd. | Interim Financial Statements | 2011/12/31 |
| A Form 51-102F1 Management's | ||||
| Discussion & Analysis | 2011/12/31 | |||
| PCM | 2 | Pacific Comox Resources Ltd. | A comparative financial statement | |
| for its financial year ended | 2011/10/31 | |||
| A Form 51-102F1 Management's | ||||
| Discussion & Analysis | 2011/10/31 |
Upon revocation of the Cease Trade Order, the shares of the Companies will remain suspended until the Companies meet TSX Venture Exchange requirements. Members are prohibited from trading in the securities of the companies during the period of the suspension or until further notice.
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BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: March 8, 2012
NEX Company
A Cease Trade Order has been issued by the British Columbia Securities Commission on March 8, 2012 against the following company for failing to file the documents indicated within the required time period:
| Symbol |
Tier |
Company |
Failure to File |
Period Ending (Y/M/D) |
| PEL.H | NEX | Portia Exploration Ltd. | A comparative financial statement | |
| for its financial year ended | 2011/10/31 | |||
| A Form 51-102F1 Management's | ||||
| Discussion & Analysis | 2011/10/31 |
Upon revocation of the Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements. Members are prohibited from trading in the securities of the company during the period of the suspension or until further notice.
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ACCESS INTERNATIONAL EDUCATION LTD. ("AOE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 9, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 9, 2012:
| Number of Shares: | 1,250,000 shares | |
| Purchase Price: | $0.20 per share | |
| Number of Placees: | 2 placees | |
| Insider / Pro Group Participation: | ||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
| Chris Gee | 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.
________________________________________
AGRIMARINE HOLDINGS INC. ("FSH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 9, 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 24, 2012:
| Number of Shares: | 23,525,000 shares | |
| Purchase Price: | $0.20 per share | |
| Warrants: | 11,762,500 share purchase warrants to purchase 11,762,500 shares | |
| Warrant Exercise Price: | $0.30 for a two year period | |
| Number of Placees: | 9 placees | |
| Insider / Pro Group Participation: | ||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
| Jeffrey William Fallows | P | 75,000 |
| Scott E. Lamacraft | P | 5,000,000 |
| Roger Poirier | P | 200,000 |
| Dundee Corporation | Y/P | 15,000,000 |
| Finders' Fees: | Cormark Securities - $89,600 and 448,000 Finder's Warrants that are exercisable into common shares at $0.20 per share for a 12 month period. | |
| AlphaEdge Inc. (Lawrence Casse) - $17,500 and 87,500 Finder's Warrants that are exercisable into common shares at $0.20 per share for a 12 month period. | ||
| Bellotti Goodman Capital Inc. - $210,000 and 1,050,000 Finder's Warrants that are exercisable into common shares at $0.20 per share for a 12 month period. | ||
| Janet MacKay - $5,250 | ||
| Aran Asset Management S.A. - $7,000 | ||
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.]
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ALDA PHARMACEUTICALS CORP. ("APH")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: March 9, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletins dated November 4, 2011 and March 7, 2012, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission on November 4, 2011 has been revoked.
Effective at the opening Monday, March 12, 2012 trading will be reinstated in the securities of the Company (CUSIP 01407W 20 5).
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ASHBURTON VENTURES INC. ("ABR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 9, 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 13, 2012:
| Number of Shares: | 5,100,000 shares | ||
| Purchase Price: | $0.05 per share | ||
| Warrants: | 5,100,000 share purchase warrants to purchase 5,100,000 shares | ||
| Warrant Exercise Price: | $0.10 for a two year period | ||
| Number of Placees: | 19 placees | ||
| Insider / Pro Group Participation: | |||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|
| Karen Araki | P | 250,000 | |
| Mary Kawamoto | P | 100,000 | |
| Kerry Chow | P | 500,000 | |
| Roberto Chu | P | 400,000 | |
| Finders' Fees: | Haywood Securities Inc. will receive a finder's fee of $32,400.00 and 360,000 Agent's Warrants that are exercisable into common shares at $0.10 per share for an 18-month period. | ||
| Leede Financial Markets Inc. will receive a finder's fee of $4,500.00 and 90,000 Agent's Warrants that are exercisable into common shares at $0.10 per share for an 18-month period. | |||
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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ATICO MINING CORPORATION ("ATY")
BULLETIN TYPE: New Listing-IPO-Shares, Halt
BULLETIN DATE: March 9, 2012
TSX Venture Tier 2 Company
The Company's Initial Public Offering ('IPO') Prospectus dated March 2, 2012, has been filed with and accepted by TSX Venture Exchange Inc., and filed with and receipted by the British Columbia, Alberta, Saskatchewan, Manitoba and Ontario Securities Commissions on March 2, 2012, pursuant to the provisions of the applicable Securities Acts.
The gross proceeds to be received by the Company on closing of the IPO will be $10,000,000 (20,000,000 common shares at $0.50 per share). The Company is classified as a 'Mineral Exploration' company.
| Commence Date: | At the opening on Monday, March 12, 2012, the common shares of the Company will be listed and IMMEDIATELY HALTED on the TSX Venture Exchange. | |
| Corporate Jurisdiction: | British Columbia | |
| Capitalization: | Unlimited | common shares with no par value of which |
| 36,761,111 | common shares will be issued and outstanding on closing of the IPO | |
| Escrowed Shares: | 12,819,444 | common shares held by Principals of the Company are subject to a NP 46-201 36-month staged release escrow. |
| Transfer Agent: | Computershare Investor Services Inc. | |
| Trading Symbol: | ATY | |
| CUSIP Number: | 047559 10 9 | |
| Agent: | Canaccord Genuity Corp. | |
| Agent's Warrants: | The Company will issue to the Agent 1,600,000 warrants, exercisable at any time up to 24 months after closing of the IPO, to acquire, at a price of $0.50 per Common Share, 1,600,000 Common Shares of the Company. | |
| For further information, please refer to the Company's Prospectus dated March 2, 2012. | ||
| Company Contact: | Kim Casswell | |
| Company Address: | 501 - 543 Granville Street | |
| Vancouver, BC, V6C 1X8 | ||
| Company Phone Number: | 604 633-9022 | |
| Company Fax Number: | 604 688-1157 | |
| Company Email Address: | [email protected] | |
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COBALT COAL LTD. ("CCF")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 9, 2012
TSX Venture Tier 2 Company
Effective at the Open, March 9, 2012, shares of the Company resumed trading, an announcement having been made.
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CYNAPSUS THERAPEUTICS INC. ("CTH")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: March 9, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a debenture (the "Debenture"), between Cynapsus Therapeutics Inc. (the "Company") and nine parties (collectively, the "Lenders"), pursuant to which the Lenders have provided a loan in the aggregate principal of $1,075,865 ($936,000 in net proceeds) (collectively, the "Loan"), bearing interest at a rate of 10% per annum. The Loan matures on February 28, 2013.
The Lenders will be issued an aggregate of 3,744,000 bonus shares in connection with the Loan (of which 100,000 bonus shares will be issued to David Hill, an Insider of the Company). In addition, the Company will be paying Summer Street Research Partners a cash commission of $12,800.
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DUNCAN PARK HOLDINGS CORPORATION ("DPH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 9, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 3, 2012:
| Number of Shares: | 3,000,000 shares | |
| Purchase Price: | $0.08 per share | |
| Number of Placees: | 5 placees | |
| Insider / Pro Group Participation: | ||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
| Ian McAvity | Y | 725,000 |
| Eric Salsberg | Y | 625,000 |
| Finder's Fee: | $4,000 payable to Jones, Gable & Company Limited | |
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).
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GALAXY CAPITAL CORP. ("GXY")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 9, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Mineral Property Acquisition Agreement (the 'Agreement') between the Company, Zimtu Capital Corp., Michel Robert, Jean-Sebastien Lavallee and Jean Raymond Lavallee (collectively, the 'Vendors'). The Agreement, dated February 28, 2012, allows the Company to acquire a 100% interest in the Sun Graphite Property (the 'Property') in southern Quebec.
Total consideration is comprised of $100,000 payable in cash and the issuance of 2,000,000 shares at a deemed price of $0.12, to be divided between the Vendors. The Company has also undertaken to complete $150,000 worth of exploration on the Property within 12 months from the date of TSX Venture Exchange approval. The Vendors will retain a 2% NSR, of which 1% can be purchased by the Company for $1,000,000.
A finder's fee totalling $10,000 and 200,000 common shares at a deemed price of $0.12 is payable to Jeff Poloni in installments.
Please refer to the Company's news release dated February 23, 2012 for further details.
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GOLD BULLION DEVELOPMENT CORP. ("GBB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 9, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on December 13, 2011:
| Number of Shares: | 5,718,175 common shares |
| Purchase Price: | $0.16 per share |
| Warrants: | 5,718,175 warrants to purchase 5,718,175 common shares |
| Warrant Exercise Price: | $0.20 for a one-year period following the closing of the Private Placement |
| Number of Placees: | 10 placees |
| Commission: | Canaccord Genuity Corp. received $2,000.64 in cash and 12,504 warrants each entitling the Holder to purchase one common share at a price of $0.16 per share over a one year period following the closing of the Private Placement. |
The Company issued a press release dated December 22, 2011 announcing the closing of the Private Placement.
GOLD BULLION DEVELOPMENT CORP. (« GBB »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 9 mars 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, tel qu'annoncé le 13 décembre 2011 :
| Nombre d'actions : | 5 718 175 actions ordinaires |
| Prix : | 0,16 $ par action ordinaire |
| Bons de souscription : | 5 718 175 bons permettant d'acquérir 5 718 175 actions ordinaires |
| Prix d'exercice des bons : | 0,20 $ pendant une période d'un an suivant la clôture du placement privé |
| Nombre de souscripteurs : | 10 souscripteurs |
| Commission : | Canaccord Genuity Corp. a reçu 2 000,64 $ en espèces ainsi que 12 504 bons de souscription chacun permettant au titulaire d'acquérir une action ordinaire au prix de 0,16 $ l'action pendant une période d'un an suivant la clôture du placement privé. |
La société a annoncé la clôture du placement privé précité par voie d'un communiqué de presse daté du 22 décembre 2011.
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GOLD BULLION DEVELOPMENT CORP. ("GBB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 9, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on December 13, 2011:
| Number of Shares: | 22,514,957 flow-through common shares | |
| Purchase Price: | $0.18 per share | |
| Warrants: | 11,257,478 warrants to purchase 11,257,478 common shares | |
| Warrant Exercise Price: | $0.22 for a one-year period | |
| Number of Placees: | 69 placees | |
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
| Denis Amoroso | P | 55,000 |
| Stephane Leger | P | 25,000 |
| Arie Papernick | P | 100,000 |
| Commission: | The following commissions were paid in cash: Industrial Alliance Securities Inc. ("IAS"), $30,000; Jacobs Securities Inc. ("Jacobs"), $63,999.36; Strand Securities Corporation ("Strand"), $32,000; Secutor Capital Management Corporation ("Secutor"), $61,272; Canaccord Genuity Corp. ("Canaccord"), $43,919.76, and Limited Market Dealer Inc. ("LMD"), $90,000. | |
| In addition, warrants were paid out to the following recipients: IAS received 333,333 warrants, Octagon Capital Corp. received 97,562 warrants, Accilent Capital Management Inc. received 20,876 warrants, Jacobs received 355,552 warrants, Strand received 177,777 warrants, Secutor received 28,400 warrants, Canaccord received 244,000 warrants, and LMD received 333,333. Each warrant entitles the Holder to purchase one common share at a price of $0.18 per share over a period of one year from the closing of the Private Placement. | ||
The Company issued press releases dated December 22 and 29, 2011 announcing the closing of the Private Placement.
GOLD BULLION DEVELOPMENT CORP. (« GBB »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 9 mars 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 tel que annoncé le 13 décembre 2011 :
| Nombre d'actions : | 22 514 917 actions ordinaires accréditives | |
| Prix : | 0,18 $ par action ordinaire accréditive | |
| Bons de souscription : | 22 514 917 bons permettant d'acquérir 22 514 917 actions ordinaires | |
| Prix d'exercice des bons : | 0,22 $ pendant une période d'un an suivant la clôture du placement privé | |
| Nombre de souscripteurs : | 69 souscripteurs | |
| Participation des initiés / Groupe Pro : | ||
| Nom | Initié = Y / Groupe Pro = P |
Nombre d'actions |
| Denis Amoroso | P | 55 000 |
| Stephane Leger | P | 25 000 |
| Arie Papernick | P | 100 000 |
| Commission : | Les montants suivants ont été payés en espèces : Valeurs mobilières Industrial Alliance inc. (« IAS »), 30 000 $; Jacobs Securities Inc. (« Jacobs »), 63 999,36 $; Strand Securities Corporation (« Strand »), 32 000 $; Secutor Capital Management Corporation (« Secutor »), 61 272 $; Canaccord Genuity Corp. (« Canaccord »), 43 919,76 $ et Limited Market Dealer Inc. (« LMD »), 90 000 $. | |
| De plus, des bons de souscription ont été payés aux bénéficiaires suivants : IAS a reçu 333 333 bons de souscription, Octagon Capital Corp. a reçu 97 562 bons de souscription, Accilent Capital Management inc. a reçu 20 876 bons de souscription, Jacobs a reçu 355 552 bons de souscription, Strand a reçu 177 777 bons de souscription, Secutor a reçu 28 400 bons de souscription, Canaccord a reçu 244 000 bons de souscription et LMD a reçu 333 333 bons de souscription. Chaque bon permet au titulaire d'acquérir une action ordinaire au prix de 0,18 $ l'action pendant une période d'un an suivant la clôture du placement privé. | ||
La société a annoncé la clôture du placement privé précité par voie de communiqués de presse datés des 22 et 29 décembre 2011.
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INNOVATIVE PROPERTIES INC. ("INR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 9, 2011
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 24, 2012:
| Number of Shares: | 5,882,353 shares |
| Purchase Price: | $0.085 per share |
| Warrants: | 5,882,353 share purchase warrants to purchase 5,882,353 shares |
| Warrant Exercise Price: | $0.10 for a two year period |
| Number of Placees: | 9 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.]
________________________________________
IONA ENERGY INC. ("INA")
BULLETIN TYPE: Halt
BULLETIN DATE: March 9, 2012
TSX Venture Tier 2 Company
Effective at the Open, March 9, 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.
________________________________________
IONA ENERGY INC. ("INA")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 9, 2012
TSX Venture Tier 2 Company
Effective at 11:30 a.m., PST, March 9, 2012, shares of the Company resumed trading, an announcement having been made.
________________________________________
KIVALLIQ ENERGY CORPORATION ("KIV")
BULLETIN TYPE: Private Placement Non-Brokered, Amendment
BULLETIN DATE: March 9, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated February 17, 2012 and Amendment Bulletins dated February 22, 2102 and February 24, 2012, the Exchange has accepted a third amendment with respect to the Non-Brokered Private Placement announced January 30, 2012: For clarity the entire bulletin has been REPLACED. The Bulletin should read as follows:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Flow-through and Non Flow-through Private Placement announced January 30, 2012:
| Number of Shares: | 13,127,444 Non Flow-through shares | |
| 6,845,000 Flow-through shares | ||
| Purchase Price: | $0.45 per Non Flow-through share | |
| $0.52 per Flow-through share | ||
| Number of Placees: | 112 placees | |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P / | # of Shares |
| Lumina Capital Limited Partnership (Ross Beaty) | Y | 4,000,000 |
| Stephanie Weterings | P | 10,000 |
| Thomas Seltzer | P | 150,000 |
| Catherine Seltzer | P | 50,000 |
| Dale Wallster | Y | 600,000 |
| Dave Garnett | P | 60,000 |
| Brock Aynsley | P | 1,300,000 |
| Margaret Aynsley | P | 125,000 |
| David Bromley | P | 100,000 |
| Sherman Dahl | P | 48,000 |
| Bill Whitehead | P | 200,000 |
| Lisa May | P | 50,000 |
| Terrance Salman | P | 193,000 |
| Kenneth Bateman | P | 100,000 |
| Finders' Fees: | $99,378 cash, 167,983 Finder's warrants exercisable at $0.50 and 72,450 Finder's warrants exercisable at $0.55 payable to Canaccord Genuity Corp. | |
| $45,555 cash, 36,750 Finder's warrants exercisable at $0.50 and 12,000 Finder's warrants exercisable at $0.55 payable to CIBC World Markets. | ||
| $44,112 cash, 27,000 Finder's warrants exercisable at $0.50 and 19,050 Finder's warrants exercisable at $0.55 payable to Haywood Securities Inc. | ||
| $26,527.79 cash, 14,083 Finder's warrants exercisable at $0.50 and 13,320 Finder's warrants exercisable at $0.55 payable to National Bank. | ||
| $41,190 cash, 11,100 Finder's warrants exercisable at $0.50 and 30,000 Finder's warrants exercisable at $0.55 payable to PI Financial Corp. | ||
| $30,375 cash and 33,750 Finder's warrants exercisable at $0.50 payable to Trimark Trading Company. | ||
| $27,000 cash and 30,000 Finder's warrants exercisable at $0.50 payable to Vincent Vandamme. | ||
| - Each Finder's warrant is exercisable into one common share for two years from closing. | ||
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.
___________________________
MINT TECHNOLOGY CORP. ("MIT")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: March 9, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue an aggregate of 10,000,000 bonus shares in consideration of CDN$5,000,000 of secured non-convertible loans made to the Company.
________________________________________
PANTHEON VENTURES LTD. ("PVX")
BULLETIN TYPE: New Listing-IPO-Units, Resume Trading
BULLETIN DATE: March 9, 2012
TSX Venture Tier 2 Company
Further to the bulletin dated March 7, 2012, effective at the opening, Monday, March 12, 2012, trading in the shares of the Company will resume.
.________________________________________
PARTNERS REAL ESTATE INVESTMENT TRUST ("PAR.UN")
BULLETIN TYPE: Prospectus-Trust Unit Offering
BULLETIN DATE: March 9, 2012
TSX Venture Tier 1 Company
Effective February 1, 2012, the Company's Prospectus dated February 1, 2012 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia, Prince Edward Island, and Newfoundland and Labrador Securities Commissions, pursuant to the provisions of the respective Securities Acts.
TSX Venture Exchange has been advised that closing occurred on February 8, 2012, for gross proceeds of $22,685,021.28.
| Underwriters: | National Bank Financial Inc., Canaccord Genuity Corp., Scotia Capital Inc., CIBC World Markets Inc., TD Securities Inc., Desjardins securities Inc., Macquarie Capital Markets Canada Ltd., Raymond James Ltd., and GMP Securities L.P. |
| Offering: | 3,049,062 Trust Units (includes 360,812 Trust Units on the exercise of the Underwriters' over-allotment option) |
| Trust Unit Price: | $7.44 per Trust Unit |
| Underwriters' Commission: | $1,020,825.95 |
For further information, please refer to the Company's prospectus dated February 1, 2012.
________________________________________
PETRO VIKING ENERGY INC. ("VIK")
BULLETIN TYPE: Halt
BULLETIN DATE: March 9, 2012
TSX Venture Tier 2 Company
Effective at 10:28 a.m. PST, March 9, 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.
________________________________________
PLAINS CREEK PHOSPHATE CORPORATION ("PCP")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: March 9, 2011
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced December 20, 2011, and updated January 17, 2012:
| Number of Shares: | 20,312,500 shares | |
| Purchase Price: | $0.08 per share | |
| Warrants: | 10,156,250 share purchase warrants to purchase 10,156,250 shares | |
| Warrant Exercise Price: | $0.11 for an eighteen month period | |
| Number of Placees: | 2 placees | |
| Insider / Pro Group Participation: | ||
| Name | Insider=Y / ProGroup=P / |
# of Shares |
| Mackenzie Financial Corporation | Y | 6,250,000 |
| Agent's Fee: | $67,500 payable to BMO Nesbitt Burns Inc. with 1,218,750 broker warrants exercisable at $0.08 for 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 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.
________________________________________
SOLACE RESOURCES CORP. ("SOR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 9, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 14, 2012 and February 27, 2012:
| Number of Shares: | 5,000,000 shares | |
| Purchase Price: | $0.105 per share | |
| Warrants: | 5,000,000 share purchase warrants to purchase 5,000,000 shares | |
| Warrant Exercise Price: | $0.21 for a two year period | |
| Number of Placees: | 74 placees | |
| Insider / Pro Group Participation: | ||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
| Brian Paes-Braga | P | 50,000 |
| Coastline Capital Corp. (Benjamin Curry) | Y | 175,000 |
| Marc DeCotiis | P | 20,000 |
| Sean Duncan | P | 50,000 |
| Sean Gercsak | P | 50,000 |
| Justin Hayek | P | 45,000 |
| Darryl Jones | P | 40,000 |
| Michael Marosits | P | 80,000 |
| Brian Morrison | Y | 30,000 |
| Andrew Mugridge | Y | 175,000 |
| Brady Rak | P | 50,000 |
| Kyle Stevenson | Y | 400,000 |
| Martin Tielker | P | 50,000 |
| Ivano Veschini | P | 50,000 |
| Laura Wait | P | 100,000 |
| Bill Whitehead | P | 75,000 |
| Luis Zapata | P | 50,000 |
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.]
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STRIKE MINERALS INC. ("STK")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 9, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a purchase agreement (the "Agreement") dated February 29, 2012, between Strike Minerals Inc. (the "Company") and two arm's length parties (collectively, the "Vendors"). Pursuant to the Agreement, the Company shall acquire a 100% interest in two mineral claims (the "Property") south of Hays Lake at Worthington Bay near Schreiber, Ontario.
As consideration, the Company shall pay an aggregate of $20,000 and issue 800,000 shares to the Vendors. The Vendors shall retain a 2% net smelter royalty (the "NSR") from the proceeds of commercial production from the Property, of which the Company has the right to purchase up to half of the NSR by making an additional payment of $500,000 (such purchase can be made in increments of $125,000 per each 0.25% of the NSR).
For further information, please refer to the Company's press release dated March 5, 2012.
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WESTCAN URANIUM CORP. ("WCU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 9, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 16, 2011 and December 30, 2011:
| Number of Shares: | 200,000 flow-through shares | |
| Purchase Price: | $0.05 per share | |
| Warrants: | 200,000 share purchase warrants to purchase 200,000 shares | |
| Warrant Exercise Price: | $0.10 for a one year period | |
| $0.15 in the second year | ||
| Number of Placees: | 1 placee | |
| Insider / Pro Group Participation: | ||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
| Charlotte Faulkner | P | 200,000 |
| Finder's Fee: | $1,000 and 20,000 agent's options payable to Odlum Brown Limited. | |
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.
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Market Information Services at 1-888-873-8392, or email: [email protected]
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