VANCOUVER, March 30, 2012 /CNW/ -
TSX VENTURE COMPANIES:
ABACUS MINING & EXPLORATION CORPORATION ("AME")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 30, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 15, 2012:
| Number of Shares: | 14,446,818 shares | |||||||||||
| Purchase Price: | $0.22 per share | |||||||||||
| Warrants: | 7,223,409 share purchase warrants to purchase 7,223,409 shares | |||||||||||
| Warrant Exercise Price: | $0.32 for a one year period | |||||||||||
| Number of Placees: | 83 placees | |||||||||||
| Insider / Pro Group Participation: | ||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||||
| Ian MacNeily James D. Excell Andrew F. Pooler Louis G. Montpellier Tom McKeever Victor Lazarovici |
Y Y Y Y Y Y |
150,000 150,000 45,000 100,000 150,000 150,000 |
||||||||||
| Finders' Fees: |
Global Resource Investments, Ltd. (Arthur Richards Rule) - $132,000.00 Raymond James Ltd. - $11,880.00 Haywood Securities Inc. - $1,320.00 Global Market Development (Jeffrey Dean Phillips) - $24,024.00 |
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.
________________________________________
AFRICAN QUEEN MINES LTD. ("AQ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 30, 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 March 6, 2012:
| Number of Shares: | 3,195,000 shares | ||||||||||||||
| Purchase Price: | $0.22 per share | ||||||||||||||
| Warrants: | 1,597,500 share purchase warrants to purchase 1,597,500 shares | ||||||||||||||
| Warrant Exercise Price: | $0.37 for a two year period | ||||||||||||||
| Number of Placees: | 34 placees | ||||||||||||||
| Insider / Pro Group Participation: | |||||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||||||||||
| Mark McGinnis Batell Investments Ltd. (Ken Bates/David Elliott) David Elliott Andrew Williams |
P P P P |
135,000 35,000 155,000 125,000 |
|||||||||||||
| Finders' Fees: |
Haywood Securities Inc. - $36,190.00 Old Park Lane - $1,386.00 |
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.
________________________________________
ASIA PACKAGING GROUP INC. ("APX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 30, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to an Asset Purchase Agreement dated February 27, 2012 between Mei Tak (HK) Group Limited (a wholly-owned subsidiary of the Company) and JinJiang City Anhai Hongrizhong Plastic Color Printing Co. (Jinyang Yang) whereby the Company has acquired the existing business (plastic colour printing), related assets, equipment and personnel. Consideration is RMB 40,000,000 (CDN$6,324,000) and RMB 10,000,000 worth of common shares at a deemed price of $0.30 per share (5,343,336 common shares) in the second year. The issuance of shares will be subject to the achievement of the following milestones:
- Total revenues generated from purchase orders, contracts, engagements or commitments for the period from April 1, 2012 to March 31, 2013 exceed RMB 60,000,000; and
- Total revenues generated from purchase orders, contracts, engagements or commitments for the period from April 1, 2013 to March 31, 2014 exceed RMB 75,000,000.
________________________________________
BANDERA GOLD LTD. ("BGL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 30, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 4, 2012:
| Number of Shares: | 5,430,000 shares | ||||||||
| Purchase Price: | $0.05 per share | ||||||||
| Warrants: | 2,715,000 share purchase warrants to purchase 2,715,000 shares | ||||||||
| Warrant Exercise Price: | $0.10 for a two year period | ||||||||
| Number of Placees: | 38 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.
________________________________________
BROWNSTONE ENERGY INC. ("BWN")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: March 30, 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: |
9,999,998 April 13, 2012 April 13, 2014 $0.75 |
These warrants were issued pursuant to a private placement of 20,000,000 shares with 9,999,998 share purchase warrants attached, which was accepted for filing by the Exchange effective April 20, 2010.
________________________________________
CALDERA RESOURCES INC. ("CDR")
BULLETIN TYPE: Halt
BULLETIN DATE: March 30, 2012
TSX Venture Tier 2 Company
Effective at the Open, March 30, 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.
________________________________________
CANADIAN ARROW MINES LIMITED ("CRO")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: March 30, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted the filing of the Finder's Fee Agreement dated February 24, 2012 between Canadian Arrow Mines Limited (the "Company") and Raymond James Ltd. ("RJL"), whereby the Company will issue 1,319,648 shares in consideration of the finder's fee payable RJL in connection to the sale of the 1% NSR which the Company held on its Liberty Mines' Hart Property.
________________________________________
CANAM COAL CORP. ("COE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 30, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on March 12, 2012 and closed March 21, 2012:
| Number of Securities: |
900,000 units ("Units") Each Unit consists of one common share and one half of one common share purchase warrant |
|
||||||||
| Purchase Price: | $0.17 per Unit | |||||||||
| Warrants: | 450,000 share purchase warrants to purchase 450,000 shares | |||||||||
| Warrant Exercise Price: | $0.22 for up to 2 years from date of issuance | |||||||||
| Number of Placees: | 2 placees | |||||||||
| Insider / Pro Group Participation: | ||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Units |
||||||||
| Tim J. Nakaska Professional Corporation (Tim Nakaska) |
Y |
150,000 |
||||||||
| Finder's Fee: | None |
________________________________________
CUE RESOURCES LTD. ("CUE")
BULLETIN TYPE: Halt
BULLETIN DATE: March 30, 2012
TSX Venture Tier 2 Company
Effective at the Open, March 30, 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.
________________________________________
EL NINO VENTURES INC. ("ELN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 30, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to the second tranche of a Non-Brokered Private Placement announced November 21, 2011 and February 2, 2012:
| Number of Shares: | 2,288,334 flow through shares and 4,445,692 non-flow through shares | ||||||
| Purchase Price: | $0.15 per flow through share and $0.13 per non-flow through share | ||||||
| Warrants: | 3,367,013 share purchase warrants to purchase 3,367,013 shares | ||||||
| Warrant Exercise Price: |
$0.25 for an eighteen month period for warrants issued with the purchase of flow through shares, subject to an acceleration clause $0.23 for an eighteen month period for warrants issued with the purchase of non-flow through shares, subject to an acceleration clause |
|
|||||
| Number of Placees: | 42 placees | ||||||
| Insider / Pro Group Participation: | |||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||
| Martin Burian Hendrik Visagie Harry Barr Carlos Berea Scott John Donaldson Linda Holmes Ali Hassanalizadeh Robert Guanzon John Oness William Stone Gary Moore |
P P Y Y Y Y Y Y Y Y |
100,000 FT 165,000 FT 153,333 FT, 384,615 NFT 33,333 FT 33,333 FT 20,000 FT 26,667 FT 33,333 FT 53,333 FT 53,333 FT 20,000 FT |
|||||
| Finder's Fee: | $4,504.50 payable to Loeb Aron & Company Ltd. (Dr. Frank Lucas, Jonathan Willis-Richards), with 34,650 warrants attached, exercisable at $0.23 per share for 18 months, subject to an acceleration clause |
||||||
| $1,732.50 payable to Pope & Company Limited, with 11,550 warrants attached, exercisable at $0.25 per share for 18 months, subject to an acceleration clause |
|||||||
| $10,500 payable to Northern Securities Inc., with 70,000 warrants attached, exercisable at $0.25 per share for 18 months, subject to an acceleration clause |
|||||||
| $2,730 payable to PI Financial Corp., with 21,000 warrants attached, exercisable at $0.23 per share for 18 months, subject to an acceleration clause |
|||||||
| $182 payable to Ray Sweezy, with 1,400 warrants attached, exercisable at $0.23 per share for 18 months, subject to an acceleration clause |
|||||||
| $7,007 payable to Mackie Research Capital Corporation, with 53,900 warrants attached, exercisable at $0.23 per share for 18 months, subject to an acceleration clause |
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.
________________________________________
ENABLENCE TECHNOLOGIES INC. ("ENA")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: March 30, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a share purchase agreement (the "Agreement") dated March 13, 2012, between Enablence Technologies Inc. (the "Company") and Godan Ventures LP (the "Purchaser"). Pursuant to the terms of the Agreement, the Purchaser shall acquire all the shares of Teledata Networks Ltd. ("Teledata") - a wholly-owned subsidiary of the Company.
As consideration, the Purchasers shall acquire all the shares of Teledata for US$1.00 and assume all Teledata's liabilities.
For further information, please refer to the Company's press release dated March 14, 2012.
________________________________________
FIRST STAR RESOURCES INC. ("FS")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 30, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated March 12, 2012, effective at the opening, Monday, April 2, 2012, trading in the shares of the Company will resume as the Company has now met the Exchange requirement of having at least three directors as per Policy 3.1. Please refer to the Company's press release dated March 20, 2012 for further information.
________________________________________
GALILEO PETROLEUM LTD. ("GPL")
[formerly Portal Resources Ltd. ("PDO")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: March 30, 2012
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders on March 23, 2012, the Company has consolidated its capital on a 5 old for 1 new basis. The name of the Company has also been changed.
Effective at the opening April 2, 2012, the common shares of Galileo Petroleum Ltd. will commence trading on TSX Venture Exchange, and the common shares of Portal Resources Ltd. will be delisted. The Company is classified as an 'Oil and Gas Exploration' company.
| Post - Consolidation Capitalization: Escrow: |
unlimited 9,749,107 nil |
shares with no par value of which shares are issued and outstanding |
||||||||
| Transfer Agent: | Computershare Investor Services Inc. | |||||||||
| Trading Symbol: CUSIP Number: |
GPL 36354R106 |
(new) (new) |
||||||||
________________________________________
GOGOLD RESOURCES INC. ("GGD")
BULLETIN TYPE: Halt
BULLETIN DATE: March 30, 2012
TSX Venture Tier 2 Company
Effective at 6:21 a.m. PST, March 30, 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.
________________________________________
GREENCASTLE RESOURCES LTD. ("VGN")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: March 30, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an Assignment and Novation Agreement (the "Agreement") dated January 3, 2012, between Greencastle Resources Ltd. (the "Company") and Deveron Resources Ltd. ("Deveron"), whereby the Company has assigned its rights under an option agreement to earn a 100% interest in the Nechako property (the "Property") to Deveron. The Property is located in the Blackwater gold camp approximately 100 kilometres southwest of Vanderhoof, British Columbia. The assignment is part of a spin-out transaction by the company involving Deveron. The company anticipates that Deveron will file a prospectus in the near future.
Pursuant to the Agreement, the Company has assigned all of its right, title and interest in the underlying option agreement on the Property to Deveron in consideration of Deveron issuing to the Company 2,431,090 units of Deveron and Deveron granting to the Company a 1% NSR royalty on the Property. Each unit consists of one common share and one common share purchase warrant of Deveron, with each warrant entitling the holder to acquire one additional common share of Deveron at a price of $0.30 on or before July 31, 2016.
For further details, please refer to the Company's new release dated March 20, 2012.
________________________________________
INTERNATIONAL LITHIUM CORP. ("ILC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 30, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 20, 2012:
| Number of Shares: | 4,347,826 shares | ||||||||||||||||||||||||||||||||||||
| Purchase Price: | $0.115 per share | ||||||||||||||||||||||||||||||||||||
| Number of Placees: | 1 placee | ||||||||||||||||||||||||||||||||||||
| Insider / Pro Group Participation: | |||||||||||||||||||||||||||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||||||||||||||||||||||||||||||||
| GFL International Co. Ltd. (Xiaoshen Wang) |
Y |
4,347,826 |
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.
________________________________________
KAIZEN CAPITAL CORP. ("KZN.P")
BULLETIN TYPE: Halt
BULLETIN DATE: March 30, 2012
TSX Venture Tier 2 Company
Effective at 12:03 p.m. PST, March 30, 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.
________________________________________
KENNA CAPITAL CORP. ("MMG")
[formerly Kenna Capital Corp. ("MMG.P")]
BULLETIN TYPE: Resume Trading, Qualifying Transaction-Completed/New Symbol
BULLETIN DATE: March 30, 2012
TSX Venture Tier 2 Company
Resume Trading
Effective at opening, on Monday, April 2, 2012, the common shares of the Company resumed trading, an announcement having been made March 28, 2012, as to the completion of the Company's Qualifying Transaction, as set forth below.
Qualifying Transaction-Completed/New Symbol
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Filing Statement dated March 13, 2012. As a result, at the opening on April 2, 2012, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the arm's length acquisition (the Acquisition) by the Company of all rights, title, and interests in gold, copper, and silver prospects at Elizabeth Lake, Saskatchewan (the Assets) held by BEC International Corp. (the Vendor), a private company, controlled by William MacNeill. The consideration for the Acquisition of the Assets is to be satisfied through:
(a) A cash payment of $50,000,
(b) The issuance of 1,000,000 common shares at a deemed price of $0.12 per share for deemed consideration of $120,000, and
(c) The grant to the Vendor of a 2% net smelter royalty, to a maximum payable of $5,000,000.
In addition, in connection with the Acquisition, an arm's length finder was paid a finder's fee consisting of 75,000 common shares issued at a deemed price of $0.12 per share.
The Exchange has been advised that the above transaction has been completed.
| Capitalization: | |
unlimited 8,413,600 |
common shares with no par value of which common shares are issued and outstanding |
|||||||
| Escrow: |
4,845,100 1,000,000 3,845,100 |
common shares are subject to escrow, with shares subject to a Tier 2 Surplus Escrow Agreement and shares remaining subject to the CPC Escrow Agreement |
||||||||
| Symbol: | MMG | (same symbol as CPC but with .P removed) | ||||||||
| CUSP number: | 489164 10 3 | (UNCHANGED) |
| Insider / Pro Group Participation: | ||||||||||||||||||||||||||||||||||||||
| Name |
Insider=Y / ProGroup=P |
# of Shares |
||||||||||||||||||||||||||||||||||||
| BEC International Corp. (William MacNeill) |
Y |
1,000,000 |
The Company is classified as a "mining" company.
| Company Contact: Company Address: Company Phone Number: Company Fax Number: |
Corey Giasson, President and Chief Executive Officer 1005, 201-1st Avenue S. Saskatoon, Saskatchewan S7K 1J5 (306) 651-1930 (306) 651-1931 |
________________________________
LEGEND POWER SYSTEMS INC. ("LPS")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: March 30, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced January 19, 2012, March 14, 2012 and March 26, 2012:
| Number of Shares: | 16,029,664 shares | |||||||||
| Purchase Price: | $0.08 per share | |||||||||
| Warrants: | 16,029,664 share purchase warrants to purchase 16,029,664 shares | |||||||||
| Warrant Exercise Price: | $0.15 for an 18 month period, subject to an acceleration clause and an increase in authorized capital. | |||||||||
| Number of Placees: | 33 placees | |||||||||
| Insider / Pro Group Participation: | ||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||
| Randy Buchamer Mar Nova Holdings Ltd. (Troy Moreira) Mark Hewett Hugh Nash Michael Atkinson Tracey Dabbs |
Y Y P P Y P |
312,500 437,500 312,500 625,000 200,000 300,000 |
||||||||
| Agents' Fees: |
Ionic Securities - $35,074.66 cash and 812,372 Compensation Warrants Primary Capital Inc. - $23,000 cash and 460,000 Compensation Warrants Leede Financial Markets - $2,424 cash Dundee Securities Ltd. - $3,120 cash |
|||||||||
| - Each Agent's Compensation Warrant is exercisable at $0.08 for 18 months from date of issuance and consists of one Agent's share and one Agent's Warrant, each with the same terms as the offering. |
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.]
________________________________________
LITHIUM ONE INC. ("LI")
BULLETIN TYPE: Halt
BULLETIN DATE: March 30, 2012
TSX Venture Tier 2 Company
Effective at 5:25 a.m. PST, March 30, 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.
________________________________________
LITHIUM ONE INC. ("LI")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 30, 2012
TSX Venture Tier 2 Company
Effective at 10:45 a.m., PST, March 30, 2012, shares of the Company resumed trading, an announcement having been made.
________________________________________
MEGAL CAPITAL CORPORATION ("MGL.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 30, 2012
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletins dated March 28, 2012 & March 29, 2012, effective at the opening of business, on Monday, April 2, 2012, the shares of the Company will resume trading.
________________________________________
MONEXA TECHNOLOGIES CORP. ("MXA")
BULLETIN TYPE: Halt
BULLETIN DATE: March 30, 2012
TSX Venture Tier 2 Company
Effective at the Open, March 30, 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.
________________________________________
NOBLE MINERAL EXPLORATION INC. ("NOB")
BULLETIN TYPE: Warrant Price Amendment
BULLETIN DATE: March 30, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the reduction in the exercise price of the following warrants:
Private Placement:
| # of Warrants: Expiry Date of Warrants: Original Exercise Price of Warrants: New Exercise Price of Warrants: |
17,647,058 April 11, 2013 $0.15 in the first year and $0.20 in the second year $0.135 for a period of 30 days from March 30, 2012 and the exercise price shall increase to $0.20 after this 30-day period until April 11, 2013. |
These warrants were issued pursuant to a private placement of 17,647,058 shares with 17,647,058 share purchase warrants attached, which was accepted for filing by the Exchange effective April 18, 2011.
________________________________________
PASSPORT POTASH INC. ("PPI")
BULLETIN TYPE: Halt
BULLETIN DATE: March 30, 2012
TSX Venture Tier 2 Company
Effective at 7:51 a.m. PST, March 30, 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.
________________________________________
POUNDER VENTURE CAPITAL CORP. ("PDR.H")
[formerly Pounder Venture Capital Corp. ("PDR.P")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: March 30, 2012
TSX Venture Tier 2 Company
In accordance with TSX Venture Exchange Policy 2.4, Capital Pool Companies, the Company has not completed a qualifying transaction within the prescribed time frame. Therefore, effective Monday, April 2, 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 April 2, 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 PDR.P to PDR.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 December 21, 2011, trading in the shares of the Company will remain suspended. Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
_______________________________________________
ROCKRIDGE CAPITAL CORP. ("RRC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 30, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 29, 2012:
| Number of Shares: | 6,000,000 shares | |||||||||
| Purchase Price: | $0.25 per share | |||||||||
| Warrants: | 6,000,000 share purchase warrants to purchase 6,000,000 shares | |||||||||
| Warrant Exercise Price: | $0.35 for an 18 month period | |||||||||
| Number of Placees: | 34 placees | |||||||||
| Insider / Pro Group Participation: | ||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||
| David Goguen Brodie Dunlop Christian Owen Sherman Dahl David Bromley Geordie Mark Andrew Williams Lisa Stefani David Elliott |
P P P P P P P P P |
70,000 30,000 100,000 100,000 60,000 200,000 200,000 100,000 100,000 |
||||||||
| Finders' Fees: | Holnik Capital Inc. (Dawn Peck) receives $51,000 and 204,000 non-transferable finder's warrants, each exercisable for 18 months at $0.35. |
|||||||||
| Haywood Securities Inc. receives $12,000 and 48,000 non-transferable finder's warrants, each exercisable for 18 months at $0.35. |
||||||||||
| NBCN Inc. receives $24,000 and 96,000 non-transferable finder's warrants, each exercisable for 18 months at $0.35. |
||||||||||
| Canaccord Genuity Corp receives $3,000 and 12,000 non-transferable finder's warrants, each exercisable for 18 months at $0.35. |
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.]
________________________________________
SELECTCORE LTD. ("SCG")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: March 30, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 23, 2012:
| Convertible Debenture: | $500,000 | |||||||
| Conversion Price: | Convertible into shares at $0.26 of principal outstanding | |||||||
| Maturity date: | Two years from the date of closing (which may be extended for an additional two years subject to further Exchange review and approval). | |||||||
| Interest rate: | Prime plus 9% | |||||||
| Number of Placees: | 1 placee |
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).
________________________________________
SERNOVA CORP. ("SVA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 30, 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 February 16, 2012:
| Number of Shares: | 772,222 shares | |||||||
| Purchase Price: | $0.18 per share | |||||||
| Warrants: | 772,222 share purchase warrants to purchase 772,222 shares | |||||||
| Warrant Exercise Price: |
$0.20 for a one year period $0.35 in the second and third years |
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| Number of Placees: | 2 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.
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SNOWFIELD DEVELOPMENT CORP. ("SNO")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: March 30, 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: |
6,881,399 April 8, 2012 October 8, 2012 $0.15 |
These warrants were issued pursuant to a private placement of 8,761,954 shares with 6,881,339 share purchase warrants attached to non-flow through shares, which was accepted for filing by the Exchange effective April 4, 2011.
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SOLUTIONS4CO2 INC. ("SFC")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: March 30, 2012
TSX Venture Tier 2 Company
The common shares of Solutions4CO2 Inc. ("Solutions4CO2") commenced trading on TSX Venture Exchange on a "when issued" basis, at the opening on Friday March 23, 2012, pursuant to a distribution of securities completed by Carrus Capital Corporation ("Carrus") (see the Declaration of Dividend Exchange Bulletin of Carrus dated March 16, 2012).
Share certificates representing the common shares of Solutions4CO2 distributed by Carrus have been delivered to the shareholders of Carrus on March 30, 2012, therefore trading on common shares of Solutions4CO2, on a "when issued" basis, was ended on March 30, 2012.
Trading on the common shares of Solutions4CO2 will continue on a "Regular" basis, effective at the opening, on Monday, April 2, 2012.
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STORM RESOURCES LTD. ("SRX")
BULLETIN TYPE: Private Placement-Brokered, Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 30, 2012
TSX Venture Tier 2 Company
Property-Asset or Share Purchase Agreement
TSX Venture Exchange has accepted for filing documentation pursuant to the arrangement agreement dated January 19, 2012 (the "Agreement") between Storm Resources Ltd. (the "Company") and Bellamont Exploration Ltd. ("Bellamont") by way of plan of arrangement (the "Arrangement"). Under the terms of the Agreement, Bellamont shareholders will receive, at their election, for each common share of Bellamont ("Bellamont Share") held: i) $0.56 cash; ii) 0.1445 common shares of the Company or iii) a combination of cash and shares of the Company. The cash amount payable to Bellamont shareholders is subject to a maximum aggregate amount of $20.0 million. The Company will also assume the debt of Bellamont of approximately $40.0 million.
For further information please refer to the Company's press releases dated January 20, 2012 and March 23, 2012.
Private Placement-Brokered
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 20, 2012 and February 27, 2012 and closed on March 23, 2012:
| Number of Shares: | 6,946,000 shares | ||||||||||||||
| Purchase Price: | $3.40 per share | ||||||||||||||
| Number of Placees: | 18 placees | ||||||||||||||
| Insider / Pro Group Participation: | |||||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||||||||||
| Matthew Brister James K. Wilson 540407 Alberta Ltd. (Stu Clark) John Devlin Grant Wierzba Brian Lavernge Donald McLean Libra Fund II (Luxembourg) S.a.r.l. |
Y Y Y Y Y Y Y Y |
70,000 20,000 700,000 50,000 50,000 664,000 190,000 1,000,000 |
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| Agents Fee: |
$220,154 cash payable to Peters & Co. Limited $100,070 cash payable to FirstEnergy Capital Corp. $60,042 cash payable to National Bank Financial Inc. $20,014 cash payable to Macquarie Capital Markets Canada Ltd. |
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SUNWARD RESOURCES LTD. ("SWD")
BULLETIN TYPE: Graduation
BULLETIN DATE: March 30, 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 Monday, April 2, 2012, under the symbol "SWD".
As a result of this Graduation, there will be no further trading under the symbol "SWD" on TSX Venture Exchange after March 30, 2012, and its shares will be delisted from TSX Venture Exchange at the commencement of trading on Toronto Stock Exchange.
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UNISERVE COMMUNICATIONS CORPORATION ("USS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 30, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 7, 2012 and March 15, 2012:
| Number of Shares: | 7,042,500 shares | |||||||||||
| Purchase Price: | $0.07 per share | |||||||||||
| Warrants: | 3,521,250 share purchase warrants to purchase 3,521,250 shares | |||||||||||
| Warrant Exercise Price: | $0.10 for a one year period | |||||||||||
| Number of Placees: | 50 placees | |||||||||||
| Insider / Pro Group Participation: | ||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||||
| Larry Boule Earnest Beaudin 369 Terminal Holdings Ltd. (Michael Scholz) Michael Schmidt Christopher Convey Michael Scholz Carolyn Scholz Bruce Sanderson |
Y Y Y Y Y Y Y Y |
72,500 200,000 575,000 150,000 150,000 320,000 250,000 100,000 |
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| Finders' Fees: |
$11,200 and 160,000 Finder's Warrants payable to Canaccord Genuity Corp. 30,000 Finder's Warrants payable to Macquarie Private Wealth 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.
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Market Information Services at 1-888-873-8392, or email: [email protected]
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