VANCOUVER, May 17, 2012 /CNW/ -
TSX VENTURE COMPANIES:
ARCO RESOURCES CORP. ("ARR")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: May 17, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation amending the February 1, 2011 Option Agreement between Arco Resources Corp. (the 'Company') and Argentum Silver Corp. (the 'Purchaser') whereby the Company granted the Purchaser the right to acquire a 100% interest in the Lachiguiri and Silacayaopan properties located in the State of Oaxaca, Mexico. The Company has agreed to accelerate and settle the Purchaser's obligations under the Option Agreement in consideration for $285,000 cash and cancellation of 1,500,000 Escrow Consideration shares issued to the Company by the Purchaser pursuant to the Option Agreement. Upon completion of the amended agreement, the Purchaser will have a 100% interest in the Properties and the Option Agreement is terminated.
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ARGENTUM SILVER CORP. ("ASL")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: May 17, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation amending the February 1, 2011 Option Agreement between Argentum Silver Corp. (the 'Company') and Arco Resources Corp. (the 'Vendor') whereby the Vendor granted the Company the right to acquire a 100% interest in the Lachiguiri and Silacayaopan properties located in the State of Oaxaca, Mexico. To date, the Company has paid $150,000 and issued 2,500,000 Consideration shares to the Vendor. The Vendor has agreed to accelerate and settle the Company's obligations under the Option Agreement in consideration for $285,000 cash and cancellation of 1,500,000 Escrow Consideration shares issued by the Company to the Vendor pursuant to the Option Agreement. Upon completion of the amended agreement, the Company will retain a 100% interest in the Properties and the Option Agreement is terminated.
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COGITORE RESOURCES INC. ("WOO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 17, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 25, 2012:
Number of Shares: | 12,949,822 flow through shares | |||||||||
Purchase Price: | $0.17 per share | |||||||||
Number of Placees: | 45 placees | |||||||||
Insider / Pro Group Participation: | ||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||
Dundee Corporation C. David A. Comba Johanne Meloche |
Y Y P |
5,882,352 20,000 100,000 |
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Finder's Fee: | an aggregate of $69,436.20 payable to Meadowbank Asset Management Inc., CIBC Wood Gundy, Multi-Ressources Boreal and David Ellis |
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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CURRIE ROSE RESOURCES INC. ("CUI")
BULLETIN TYPE: Consolidation
BULLETIN DATE: May 17, 2012
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders on May 1, 2012, the Company has consolidated its capital on a two and one-half (2.5) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening on Friday, May 18, 2012, the common shares of Currie Rose Resources Inc. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Gold Exploration' company.
Post - Consolidation Capitalization: Escrow: |
Unlimited 35,701,312 Nil |
shares with no par value of which shares are issued and outstanding |
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Transfer Agent: | Valiant Trust Company | |||||||||
Trading Symbol: CUSIP Number: |
CUI 231900408 |
(UNCHANGED) (new) |
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DIAMEDICA INC. ("DMA")
BULLETIN TYPE: Prospectus-Unit Offering, Amendment
BULLETIN DATE: May 17, 2012
TSX Venture Tier 1 Company
Further to our bulletin dated August 9, 2011, TSX Venture Exchange has accepted an amendment to 2,111,200 warrants issued pursuant to a Prospectus Offering of 3,105,000 common shares and 3,105,000 share purchase warrants:
Warrants: | 2,111,200 share purchase warrants | |||
Current Warrant Exercise Terms: | $1.50 per share until July 22, 2013 | |||
Amendment: | 2,111,200 warrants were exercised for 1,055,600 additional warrants (the "New Warrant"). Each New Warrant is exercisable into one additional common share at a price of $2.50 until May 8, 2014. |
There remain 993,800 warrants issued and outstanding under the original terms of the Offering with an exercise price of $1.50 until July 22, 2013.
For further details, please refer to the Company's news release dated May 8, 2012.
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DIANOR RESOURCES INC. ("DOR")
BULLETIN TYPE: Company Tier Reclassification, Remain Suspended
BULLETIN DATE: May 17, 2012
TSX Venture Tier 1 Company
In accordance with Policy 2.5, the Company has not maintained the requirements for a Tier 1 company. Therefore, effective the open of trading, on Friday, May 18, 2012, the Company's Tier classification will change from Tier 1 to:
Classification
Tier 2
Further to the TSX Venture Exchange Bulletin dated May 3, 2012, trading in the Company's securities will remain suspended.
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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EQUINOX EXPLORATION CORP. ("EQX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 17, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a mining lease and option to purchase agreement (the 'Agreement') with Binghampton Holdings, LLC (the 'Optionor') dated May 1, 2012. The agreement relates to a 100% interest currently held by the Optionor in the Binghampton Property and a 40% interest in the adjacent Copper Queen Property (collectively the 'Property'). Pursuant to the terms of the Agreement, the Company has been granted a mining lease and option to acquire the Property. The Optionor has entered a binding agreement to purchase the remaining 60% of the Copper Queen Property within 90 days of the date of the Agreement and provide the Company with the right to acquire this holding for additional consideration. Consideration is comprised of cash payments totalling $1,175,000 and the issuance of 5,000,000 shares at a deemed price of $0.1125 per share over a period of four years. The Company will also pay an additional $275,000 to the Optionor for the remaining 60% of the Copper Queen Property within 90 days if applicable. A one-time payment of $250,000 and the issuance of 2,500,000 shares is also required to be paid to the Optionor should the Company file an NI-43-101 compliant report for the Property. The Property is subject to a 3% NSR, which the Company may purchase for a price of $1,000,000 per 1%.
Please refer to the Company's news release of May 2, 2012 for further details.
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GOLDEN DORY RESOURCES CORP. ("GDR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 17, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the Gabbro Project (the "Project") Joint Venture agreement between Golden Dory Resources Corp. (the "Company") and Metals Creek Resources Corp. ("Metals Creek") whereby the Company may acquire:
1) | An additional 10% (60% cumulative) interest in the Project upon the issuance of 1,500,000 shares of the Company to Metals Creek and the assumption of all exploration costs associated with the 2012 Exploration Program. |
2) | A further 10% (70% cumulative) interest in the Project upon the issuance of a further 2,500,000 shares (4,000,000 cumulative) of the company to Metals Creek within eighteen (18) months and the provision of a National Instrument 43-101 compliant resource report evidencing a minimum 50,000,000 tonnes within four (4) years. |
The Company will take over as operator of the Project.
If a third party agreement is reached by the Company and Metals Creek before substantially completing the 2012 Exploration Program, Metals Creek can opt out of this agreement and return to a 50% interest in the Project upon the return of all the Company's shares and reimbursement of 50% of incurred expenditures.
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GOLDEN SUN CAPITAL INC. ("GST.P")
BULLETIN TYPE: New Listing-CPC-Shares, Halt
BULLETIN DATE: May 17, 2012
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Amended and Restated Prospectus dated April 20, 2012, amending and restating the Amended and Restated Prospectus dated February 23, 2012, amending and restating the Prospectus dated November 22, 2011, has been filed with and accepted by TSX Venture Exchange and the Alberta and British Columbia Securities Commissions and the Saskatchewan Financial Services Commission effective April 23, 2012, pursuant to the provisions of the Alberta, British Columbia, and Saskatchewan Securities Acts. 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 $201,480 (2,014,800 common shares at $0.10 per share).
Commence Date: | At the opening, on Friday, May 18, 2012, the Common shares will commence trading on TSX Venture Exchange. Trading in the shares of the Company will be immediately halted pending receipt of acceptable documentation regarding the Capital Pool Company listing pursuant to Exchange Policy 2.4. |
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Corporate Jurisdiction: | Alberta | |||||||||
Capitalization: Escrowed Shares: |
Unlimited 5,714,800 3,700,000 |
common shares with no par value of which common shares are issued and outstanding common shares |
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Transfer Agent: Trading Symbol: CUSIP Number: Sponsoring Member: |
Equity Financial Trust Company GST.P 38123A 10 9 Union Securities Ltd. |
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Agent's Options: | 201,480 non-transferable stock options. One option to purchase one share at $0.10 per share up to 24 months from the date of listing. |
For further information, please refer to the Company's Amended and Restated Prospectus dated April 20, 2012, amending and restating the Amended and Restated Prospectus dated February 23, 2012, amending and restating the Prospectus dated November 22, 2011.
Company Contact: Company Address: Company Phone Number: Company Fax Number: Company Email Address: |
Christopher M. Wolfenberg President & Chief Executive Officer 3700, 400 Third Avenue SW Calgary AB T2P 4H2 (403) 267-8317 (403) 264-5973 chris.wolfenberg@nortonrose.com |
Seeking QT primarily in these sectors:
- Mining
- Oil & Gas
- Technology
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HARVEST ONE CAPITAL INC. ("WON.H")
[formerly Harvest One Capital Inc. ("WON.P")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Reinstated to Trade
BULLETIN DATE: May 17, 2012
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.4, Capital Pool Companies, the Company has not completed a Qualifying Transaction within the prescribed time frame. Therefore, effective at the opening, on Friday, May 18, 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 Vancouver to NEX. As of May 18, 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 WON.P to WON.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.
Effective at the opening, on Friday, May 18, 2012, trading will be reinstated in the securities of the Company (CUSIP 41755A 10 8).
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MAINSTREAM MINERALS CORPORATION ("MJO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 17, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 6, 2012 and March 13, 2012:
Number of Shares: | 1,880,000 shares | ||||||||
Purchase Price: | $0.05 per share | ||||||||
Warrants: | 940,000 share purchase warrants to purchase 940,000 shares | ||||||||
Warrant Exercise Price: | $0.10 for a one year period | ||||||||
Number of Placees: | 12 placees | ||||||||
Finder's Fee: | An aggregate of $5,640 in cash and 112,800 finders' warrants payable to Greg Lytle, Lytle & Associates and PI Financial Corp. Each finder's warrant is exercisable into one common share at a price of $0.10 for a one 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 27, 2012.
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MANSON CREEK RESOURCES LTD. ("MCK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 17, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 17, 2012:
Number of Shares: |
1,400,000 common shares 600,000 flow-through shares |
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Purchase Price: |
$0.05 per unit $0.06 per flow-through unit |
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Warrants: | 1,700,000 share purchase warrants to purchase 1,700,000 common shares | |||||||||||
Warrant Exercise Price: | $0.10 per share for a period of two years | |||||||||||
Number of Placees: | 3 placees | |||||||||||
Insider / Pro Group Participation: | ||||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Units |
||||||||||
Mark Wayne Wayne McNeill Milan Cacis |
P P P |
700,000 600,000 FT 700,000 |
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Finder's Fee: | |
MGI Securities Inc. - $2,100 CIBC World Markets - $4,260 |
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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NEWTON ENERGY CORPORATION ("NTN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 17, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 6, 2012:
Number of Shares: | 3,170,000 common shares | |||||||||
Purchase Price: | $0.10 per share | |||||||||
Number of Placees: | 15 placees | |||||||||
Insider / Pro Group Participation: | ||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
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Stephen James Engwall John Arthur Bray NEX Industries Ltd. (Merv Chia) |
Y Y Y |
125,000 600,000 300,000 |
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Finder's Fee: | Wolverton Securities Ltd. - $24,360 cash and 304,500 broker warrants. Each broker warrant is exercisable at a price of $0.10 per share for a period of one year. |
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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PACHAMAMA RESOURCES LTD. ("PMA")
BULLETIN TYPE: Halt
BULLETIN DATE: May 17, 2012
TSX Venture Tier 1 Company
Effective at 11:21 a.m. PST, May 17, 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: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 17, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement (the 'Agreement') dated April 23, 2012, between the Company and Trillium North Minerals Ltd. (the 'Optionor') in relation to the West Porcupine Property (the 'Property') in Ontario. Under the terms of the Agreement, the Company can earn up to a 70% interest in the Property in stages. Total consideration for the 70% interest is comprised of cash payments totalling $190,000 over five years, and the issuance of up to 250,000 shares at a deemed price of $0.67 per share. Work commitments of up to $8,000,000 are also required of the Company. The Property is subject to a 2.5% NSR, which can be acquired by the Company for $1,750,000.
Please refer to the Company's news release dated May 16, 2012 for further information.
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REVOLVER RESOURCES INC. ("RZ")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 17, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement (the 'Agreement') between the Company and North American Exploration Inc. (Serge Lavoie, Bernard Deluce) (the 'Vendor') dated February 8, 2012, as amended by a letter agreement dated May 9, 2012. Under the terms of the Agreement, the Company has the option to purchase an undivided 100% interest in and to certain mineral claims in certain properties in Quebec. The properties are the Lucky North Property, the Lucky South Property and the Macho Property. By way of consideration, the Company will have paid to the Vendor a total $25,000 within six days of Exchange approval of the Agreement, and will issue 3,500,000 shares over an eighteen month period. Work commitments totaling $750,000 over four years are also required of the Company. The property is subject to a 3% NSR, which the Company may purchase in stages for $1,000,000 per percentage point. Disinterested shareholder approval will be required in the event that the issuance of shares to the Vendor will result in the creation of a control position. In the event the Company is unable to obtain disinterested shareholder approval to the creation of a control position, then the Company has the option of paying a cash equivalent to the required share issuance based on a 20 day volume weighted average price of the Company's shares immediately preceding the date the shares became due.
A finder's fee of $44,500 is payable over a two year period to RSD Capital Corp. (Nav Dhaliwal).
Please refer to the Company's news release of February 21, 2012 for further details.
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SNOWFIELD DEVELOPMENT CORP. ("SNO")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: May 17, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated April 12, 2012, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission on April 12, 2012 has been revoked.
Effective at the opening, on Friday, May 18, 2012 trading will be reinstated in the securities of the Company (CUSIP 833396 11 2).
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SOJOURN VENTURES INC."SOJ.P")
BULLETIN TYPE: New Listing-CPC-Shares, Halt
BULLETIN DATE: May 17, 2012
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Prospectus dated March 14, 2012 has been filed with and accepted by TSX Venture Exchange and each of the British Columbia, Alberta, and Ontario Securities Commissions effective March 14, 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 intends to complete its initial distribution of securities to the public. The gross proceeds received by the Company for the Offering will be $350,000 (3,500,000 common shares at $0.10 per share).
Commence Date: | At the opening on Friday, May 18, 2012, the Common shares will be listed and immediately halted on TSX Venture Exchange. |
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Corporate Jurisdiction: | Business Corporations Act (BC) | |||||||||
Capitalization: Escrowed Shares: |
Unlimited 9,536,001 1,536,001 |
common shares with no par value of which common shares are issued and outstanding common shares |
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Transfer Agent: Trading Symbol: CUSIP Number: Sponsoring Member: |
Computershare Investor Services Inc. (Vancouver) SOJ.P 83409L10 6 Canaccord Genuity Corp. (Vancouver) |
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Agent's Options: | 350,000 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 March 14, 2012.
Company Contact: Company Address: Company Phone Number: Company Fax Number: Company Email Address: |
Joel Dumaresq 2680 - 1066 West Hastings Street, Vancouver, B.C. V6E 3X2 (604) 648-5306 (604) 602-9699 joel@matrixpartners.us |
Seeking QT primarily in this sector: Resource
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TAD MINERAL EXPLORATION INC. ("TJ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 17, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 25, 2012:
Number of Shares: | 12,040,300 shares | ||||||||||||||
Purchase Price: | $0.05 per share | ||||||||||||||
Warrants: | 12,040,300 share purchase warrants to purchase 12,040,300 shares | ||||||||||||||
Warrant Exercise Price: | $0.10 for a five year period | ||||||||||||||
Number of Placees: | 10 placees | ||||||||||||||
Insider / Pro Group Participation: | |||||||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||||||||||
Conrad Clemiss All Seasons Consulting Inc. (Negar Adam) |
Y Y |
200,000 2,000,000 |
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.
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TOMAGOLD CORPORATION ("LOT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 17, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation in connection with a non-arm's length agreement between the Company and two vendors, including Mr. Maurice Giroux, a director of the Company (the "Vendor") dated May 15, 2012, relating to the acquisition of a direct property interest of 100% of the 20 mineral claims composing the Winchester Property, located in the Chibougamau region in the Province of Québec (the "Property"). The Company will issue 106,666 common shares, at a deemed price of $0.30 per share, to the Vendors as consideration.
Insider / Pro Group Participation: | |||||||||||||||||||||||||||||||||||||
Name |
Insider = Y / Pro Group = P |
Number of shares |
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Maurice Giroux | Y | 80,000 |
Please refer to the Company's press release dated May 16, 2012.
TOMAGOLD CORPORATION (« LOT »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 17 mai 2012
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents en vertu d'une convention signée non à distance entre la société et deux vendeurs incluant M. Maurice Giroux, un administrateur de la société datée du 15 mai 2012, relativement à l'acquisition d'un intérêt de 100 % dans les 20 claims minéraux composant la propriété de « Winchester », située dans la région de Chibougamau (la « propriété ») dans la province de Québec. En contrepartie, la société émettra 106 666 actions ordinaires au prix réputé de 0,30 $ l'action aux vendeurs.
Participation Initié / Groupe Pro : | ||||||||||||||||||||||||||||||||
Nom |
Initié = Y / Groupe Pro = P |
Nombre d'actions |
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Maurice Giroux | Y | 80 000 |
Veuillez-vous référer au communiqué de presse émis par la société le 16 mai 2012.
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TUCSON ACQUISITION CORPORATION ("TSS.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 17, 2012
TSX Venture Tier 2 Company
Effective at the opening, on Friday, May 18, 2012, the common shares of the Company resumed trading, acceptable documentation having been filed.
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ZURI CAPITAL CORP. ("ZUR.P")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: May 17, 2012
TSX Venture Tier 2 Company
Pursuant to Policy 1.2, TSX Venture Exchange has been advised of, and accepted the change of the Filing and Regional Office from Vancouver to Toronto.
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Market Information Services at 1-888-873-8392, or email: [email protected]
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