VANCOUVER, April 24, 2012 /CNW/ -
TSX VENTURE COMPANIES:
ALSTON ENERGY INC. ("ALO")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 24, 2012
TSX Venture Tier 2 Company
Effective at 7:15 a.m., PST, April 24, 2012, shares of the Company resumed trading, an announcement having been made.
________________________________________
BANKS ISLAND GOLD LTD. ("BOZ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 24, 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 March 29, 2012:
| Number of Shares: | 1,866,666 shares | |||||||
| Purchase Price: | $0.60 per share | |||||||
| Warrants: | 933,333 share purchase warrants to purchase 933,333 shares | |||||||
| Warrant Exercise Price: | $1.00 for a two year period. The warrants are subject to an accelerated exercise provision in the event the Company's shares trade at $1.50 or higher for 20 consecutive trading days. | |||||||
| Number of Placees: | 3 placees | |||||||
| Finder's Fee: | Billie Lee Sgroi Proffitt will receive a finder's fee of 133,333 common shares. |
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.
________________________________________
BARD VENTURES LTD. ("CBS")
BULLETIN TYPE: Halt
BULLETIN DATE: April 24, 2012
TSX Venture Tier 2 Company
Effective at 10:29 a.m. PST, April 24, 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.
________________________________________
BARD VENTURES LTD. ("CBS")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 24, 2012
TSX Venture Tier 2 Company
Effective at 12:30 p.m., PST, April 24, 2012, shares of the Company resumed trading, an announcement having been made.
________________________________________
BIG NORTH GRAPHITE INC. ("NRT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 24, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation in connection with a Letter of Intent dated March 8, 2012 between Zimtu Capital Corp., Bill Brereton and Paul Sobie (collectively, the "Optionors") and the Company and an Option Agreement dated April 27, 2012 between the Optionors and the Company whereby the Company has been granted an option to acquire the Griffith Graphite Property and the Brougham Graphite Property that is located in the Lyndoch-Griffith and Brougham Townships in southern Ontario. Consideration is $80,000 and 2,000,000 common shares payable over a two year period. The Optionors will retain a 2% Net Milling Royalty of which 1% can be purchased by the Company for $1,000,000 subject to further Exchange review and acceptance.
Michael Flowerdew, Jeff Flowerdew and Derek Townsend will receive finder's fees totaling 217,500 common shares of which 140,000 is payable upon Exchange acceptance and 77,500 is payable 14 months from the effective date.
________________________________________
BLACK BIRCH CAPITAL ACQUISITION ii CORP. ("BBT.P")
BULLETIN TYPE: Halt
BULLETIN DATE: April 24, 2012
TSX Venture Tier 2 Company
Effective at 10:38 a.m. PST, April 24, 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.
________________________________________
CANROCK ENERGY CORP. ("CNK")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 24, 2012
TSX Venture Tier 2 Company
Effective at 7:15 a.m., PST, April 24, 2012, shares of the Company resumed trading, an announcement having been made.
________________________________________
CASCADERO COPPER CORPORATION ("CCD")
BULLETIN TYPE: Private Placement-Non-Brokered, Remain Suspended
BULLETIN DATE: April 24, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 24, 2012:
| Number of Shares: | 625,000 shares | |||||||
| Purchase Price: | $0.16 per share | |||||||
| Warrants: | 625,000 share purchase warrants to purchase 625,000 shares | |||||||
| Warrant Exercise Price: | $0.19 for a one year period | |||||||
| Number of Placees: | 1 placee |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
Trading in the shares of the Company will remain suspended.
________________________________________
FIRE RIVER GOLD CORP. ("FAU")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: April 24, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 8,250,000 bonus warrants to Waterton Global Value LP ('Waterton') in consideration of the provision of a credit facility of US$12,750,000 bearing interest at a rate of 5% per annum and matures on April 30, 2014. The warrants are exercisable for three years at a price of CDN$0.23575. The Credit Facility may be repaid, at Waterton's option, in either cash or ounces of gold at 78% of the then prevailing gold price. The Company also paid a structuring fee of $255,000 to Waterton.
In addition, there is a 2% finder's fee of US$255,000 payable to Global Hunter Securities.
________________________________________
MEDIFOCUS INC. ("MFS")
BULLETIN TYPE: Warrant Term Extension, Remain Suspended
BULLETIN DATE: April 24, 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: Forced Exercise Provision: Exercise Price of Warrants: |
2,449,997 April 24, 2012 April 24, 2013 If the closing price for the Company's shares is $0.62 or greater for a period of 10 consecutive trading days, then the warrant holders will have 30 days to exercise their warrants; otherwise the warrants will expire on the 31st day. $0.50 |
These warrants were issued pursuant to a private placement of 2,449,997 shares with 2,449,997 share purchase warrants attached, which was accepted for filing by the Exchange effective July 28, 2010.
________________________________________
MIRA III ACQUISITION CORP. ("MRQ.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 24, 2012
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated April 23, 2012, effective at the open, on Wednesday, April 25, 2012, shares of the Company will resume trading.
________________________________________
NEW GUINEA GOLD CORPORATION ("NGG")
BULLETIN TYPE: Halt
BULLETIN DATE: April 24, 2012
TSX Venture Tier 1 Company
Effective at the Open, April 24, 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.
________________________________________
QUATERRA RESOURCES INC. ("QTA")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: April 24, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 34,090 shares at a deemed price of $0.44 per share in consideration of certain financial and advisory services provided to the Company pursuant to an agreement dated April 15, 2011.
The Company shall issue a news release when the shares are issued.
________________________________________
REGULUS RESOURCES INC. ("REG")
BULLETIN TYPE: Private Placement-Brokered, Amendment
BULLETIN DATE: April 24, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated April 19, 2012 the Exchange has accepted an amendment with respect to a Non-Brokered Private Placement announced February 8, 2012:
| Name |
Insider = Y/ Pro Group =P |
# of Sub. Receipts |
||||||||||||||||||||||||||||||
| Brian Ferguson James Nagy |
P P |
10,000 200,000 |
All other aspects of the original bulletin remain the same.
________________________________________
SELWYN RESOURCES LTD. ("SWN")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: April 23, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 25,000,000 warrants, each exercisable for one share at a price of $0.17 per share for a five year period, in consideration for a non-revolving secured debt facility in the principal amount of $10,000,000 provided to the Company's wholly owned subsidiary, ScoZinc Limited, by Waterton Global Value L.P.
________________________________________
SINOGAS WEST INC. ("GZW")
[formerly SinoGas West Inc. ("GZW.P")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Property-Asset or Share Purchase Agreement, Private Placement-Non-Brokered, Reinstated for Trading
BULLETIN DATE: April 24, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Filing Statement dated April 17, 2012. As a result, at the opening on Wednesday, April 25, 2012, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following:
Property-Asset or Share Purchase Agreement:
TSX Venture Exchange has accepted for filing a Property Option Agreement dated January 19, 2012 between Eagle Plains Resources Ltd. ('Eagle Plains') and the Company. The Company has acquire the option to earn a 60% interest in the Eagle Lake uranium exploration Property located in Saskatchewan by issuing one million Common Shares to Eagle Plains, making cash payments to Eagle Plains totaling $300,000 and incurring exploration expenditures on the Eagle Lake Property totaling $3-million as follows:
| (1) | 200,000 Common Shares within five (5) business days from the date of the Final Exchange Bulletin; |
| (2) | An additional 200,000 Common Shares, $25,000 cash and $350,000 in exploration expenditures on or before the first anniversary of the Final Exchange Bulletin; |
| (3) | An additional 200,000 Common Shares, an additional $50,000 cash and an additional $400,000 in exploration expenditures on or before the second anniversary of the Final Exchange Bulletin; |
| (4) | An additional 200,000 Common Shares, an additional $75,000 cash and an additional $750,000 in exploration expenditures on or before the third anniversary of the Final Exchange Bulletin; and |
| (5) | An additional 200,000 Common Shares, additional $150,000 cash and an additional $1.5-million in exploration expenditures on or before the fourth anniversary of the Final Exchange Bulletin. |
Once the Company exercises the option and acquires a 60% interest in the Eagle Lake Property, the parties will enter into a joint venture for the purposes of further exploration and development of the Eagle Lake Property.
Eagle Plains' interest in the Eagle Lake Property is subject to a 1% net smelter returns royalty granted to Donald Sawyer pursuant to the letter agreement dated November 30, 2006 between Eagle Plains and Donald Sawyer, which can be repurchased by Eagle Plains in consideration for $1,000,000.
| CASH | SHARES | WORK EXPENDITURES | |||||||||||||||||||||
| Eagle Plains Resources Ltd. | $300,000 | 1,000,000 | $3,000,000 |
In connection with this transaction, a finder's fee of up to $60,000 is payable.
Private Placement-Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 20, 2011 and April 10, 2012:
| Number of Shares: | 7,000,000 Flow-Through shares | |||||||||
| Purchase Price: | $0.05 per share | |||||||||
| Warrants: | 3,500,000 share purchase warrants to purchase 3,500,000 shares | |||||||||
| Warrant Exercise Price: |
$0.10 until April 20, 2013 $0.15 until April 20, 2014 |
|
||||||||
| Number of Placees: | 32 placees | |||||||||
| Insider / Pro Group Participation: | ||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||
| Christopher Kape Kerry Chow Robert Chu Joseph Capozzo Jacob Kalpakian Matthew Cicci |
Y P P P Y P |
500,000 300,000 60,000 600,000 500,000 200,000 |
||||||||
| Finder's Fees: |
Mackie Research Capital Corp.: $2,700 cash and 54,000 warrants Haywood Securities Inc.: $3,000 cash and 60,000 warrants Union Securities Ltd.: $3,000 cash and 60,000 warrants EMD Financial Inc.: $4,000 cash and 80,000 warrants Val Cheer: $3,000 cash |
|||||||||
| - Finders' warrants are exercisable to acquire a common share of the Company at $0.10 per share until April 20, 2013 and at $0.15 per share until April 20, 2014. |
Reinstated for Trading:
The common shares of the Company have been halted from trading since December 15, 2011, pending completion of a Qualifying Transaction.
The Exchange has been advised that the above transactions have been completed.
Effective at the open, Wednesday, April 25, 2012, trading in the shares of the Company will be reinstated.
| Capitalization: Escrow: |
Unlimited 19,800,000 4,100,000 |
shares with no par value of which shares are issued and outstanding CPC Escrow Shares |
||||||||
| Symbol: | GZW | same symbol as CPC but with .P removed |
The Company is classified as a "Mineral Exploration" company.
| Company Contact: Company Address: Company Phone Number: Company Fax Number: |
Jacob Kalpakian Suite 1000-1177 W. Hastings Street Vancouver, BC, V6E 2K3 604-681-0204 X6105 604-681-9428 |
For further information please refer to the Company's Filing Statement dated April 16, 2012.
________________________________
VITREOUS GLASS INC. ("VCI")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: April 24, 2012
TSX Venture Tier 2 Company
The Issuer has declared the following dividend(s):
| Dividend per Share: Payable Date: Record Date: Ex-Dividend Date: |
$0.06 May 15, 2012 May 1, 2012 April 27, 2012 |
________________________________________
WB II ACQUISITION CORP. ("WXB.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: April 24, 2012
TSX Venture Tier 2 Company
Reference is made to our bulletin dated April 23, 2012, with respect to the listing of the Company's shares.
We have received confirmation that the closing has occurred. Therefore, the common shares of the Company which were listed at the close of business yesterday April 23, 2012, commenced trading at the opening of business on Tuesday, April 24, 2012.
The Company has completed its public offering of securities prior to the opening of market on April 24, 2012. The gross proceeds received by the Company for the Offering are $250,000 (2,500,000 common shares at $0.10 per share).
WESGOLD MINERALS INC. ("WSG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 24, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement dated July 26, 2011 between Minatura International LLC ('Minatura') and the Company. The Company has acquired an initial 11% interest and an option to earn up to a 51% interest in the Cordoba Property (the 'Property'), located in Colombia.
The Company paid $4.03 million cash and 5,000,000 warrants exercisable at $0.40 to acquire the initial 11% interest in the Property.
The Company can earn an additional 40% interest (for a total of 51%) by spending $15 million on exploration of the Property and paying an additional $2 million to Minatura within 2.5 years.
$5 million of the exploration expenditures is a firm commitment. The warrants issued to Minatura are only exercisable once the Company has incurred the $5 million expenditure.
If the Company acquires the full 51% interest, Minatura will have a one-time right to sell its remaining 49% interest in the Cordoba Property to the Company in consideration for shares in the Company. The issuance of these shares would be subject to shareholder approval at that time.
________________________________________
YONGSHENG CAPITAL INC. ("YSC.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: April 24, 2012
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Prospectus dated January 25, 2012 has been filed with and accepted by TSX Venture Exchange and each of the British Columbia, Alberta, and Ontario Securities Commissions effective January 26, 2012, pursuant to the provisions of the British Columbia Securities Act. The Common Shares of the Company will be listed on TSX Venture Exchange on the effective date stated below.
The Company has completed its initial distribution of securities to the public. The gross proceeds received by the Company for the Offering were $200,000 (2,000,000 common shares at $0.10 per share).
| Commence Date: | At the opening, on Wednesday, April 25, 2012, the Common shares will commence trading on TSX Venture Exchange. |
|||||||||
| Corporate Jurisdiction: | Business Corporations Act (BC) | |||||||||
| Capitalization: Escrowed Shares: |
Unlimited 8,000,000 6,000,000 |
common shares with no par value of which common shares are issued and outstanding common shares |
||||||||
| Transfer Agent: Trading Symbol: CUSIP Number: Sponsoring Member: |
Valiant Trust Company (Vancouver, Calgary, Toronto) YSC.P 98606Q 10 4 Jordan Capital Markets Inc. (Vancouver) |
|||||||||
| Agent's Options: | 200,000 non-transferable stock options. One option to purchase one share at $0.10 per share up to 24 months. |
|||||||||
For further information, please refer to the Company's Prospectus dated January 25, 2012.
| Company Contact: Company Address: Company Phone Number: Company Fax Number: Company Email Address: |
Hilda Sung (President, CEO, & Director) Room 1905, Cheung Kong Centre, 2 Queens Road, Hong Kong 86 75525839921 86 75525839919 hildasung@gmail.com |
Seeking QT primarily in these sectors:
- Unknown
________________________________________
NEX COMPANY:
T.M.T. RESOURCES INC. ("TMT.H")
BULLETIN TYPE: Halt
BULLETIN DATE: April 24, 2012
NEX Company
Effective at the Open, April 24, 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.
________________________________________
Market Information Services at 1-888-873-8392, or email: [email protected]
Share this article