TORONTO, May 23, 2012 /CNW/ -
TSX VENTURE COMPANIES:
ACADIAN ENERGY INC. ("ACX")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: May 23, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated May 3, 2012, the Exchange has been advised that the Cease Trade Order issued by the Ontario Securities Commission on May 3, 2012 has expired.
Effective at the opening, Thursday, May 24, 2012, trading will be reinstated in the securities of the Company.
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ADVANCE GOLD CORP. ("AAX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 23, 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 April 26, 2012:
| Number of Shares: | 3,000,000 shares |
| Purchase Price: | $0.05 per share |
| Warrants: | 1,500,000 share purchase warrants to purchase 1,500,000 shares |
| Warrant Exercise Price: | $0.10 for a two year period. The warrants are subject to an accelerated exercise provision in the event the Company's shares trade at $0.20 or greater for 20 consecutive trading days. |
| Number of Placees: | 3 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.
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ADVANCED PROTEOME THERAPEUTICS CORPORATION ("APC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 23, 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 April 5, 2012:
| Number of Shares: | 2,380,000 shares | |
| Purchase Price: | $0.08 per share | |
| Warrants: | 1,190,000 share purchase warrants to purchase 1,190,000 shares | |
| Warrant Exercise Price: | $0.15 for an eighteen-month period | |
| Number of Placees: | 11 placees | |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P / | # of Shares |
| Gary McDonald | P | 150,000 |
| Thomas Cunningham | P | 250,000 |
| Finder's Fee: | Haywood Securities Inc. received $18,800 cash and 235,000 warrants, each exerciseable for one share at a price of $0.15 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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BLUEPOINT DATA, INC. ("BLP")
BULLETIN TYPE: Company Tier Reclassification, Remain Suspended
BULLETIN DATE: May 23, 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, on Thursday, May 24, 2012, the Company's Tier classification will change from Tier 1 to:
Classification
Tier 2
Further to the TSX Venture Exchange Bulletin dated May 4, 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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CENTURION MINERALS LTD. ("CTN")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: May 23, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced April 7, 2012:
| First Tranche: | ||
| Number of Shares: | 6,850,000 shares | |
| Purchase Price: | $0.10 per share | |
| Warrants: | 3,425,000 share purchase warrants to purchase 3,425,000 shares | |
| Warrant Exercise Price: | $0.12 for an eighteen-month period | |
| Number of Placees: | 26 placees | |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P / | # of Shares |
| Alfred Lenarciak | Y | 250,000 |
| David Tafel | Y | 250,000 |
| Michael Vineberg | Y | 500,000 |
| Thomas Mulja | Y | 300,000 |
| Mont Blanc Investment Corp. (J.R. Ing and L.E. Ing) | P | 2,070,000 |
| John R. Ing | P | 300,000 |
| Michelle Savoy | P | 250,000 |
| Agent's Fee: | $40,000 cash and 500,000 warrants payable to Maison Placements Canada Inc. | |
| - Agent's fee warrants are exercisable at $0.12 per unit for 18 months and units are under the same terms as those to be issued pursuant to the private placement. | ||
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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COOPER MINERALS INC. ("CQ")
BULLETIN TYPE: Warrant Price Amendment
BULLETIN DATE: May 23, 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: | 20,860,000 |
| Expiry Date of Warrants: | April 21, 2016 |
| Original Exercise Price of Warrants: | $0.15 in the second year |
| New Exercise Price of Warrants: | $0.10 in the second year |
These warrants were issued pursuant to a private placement of 22,000,000 shares with 22,000,000 share purchase warrants attached, which was accepted for filing by the Exchange effective April 13, 2011.
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ELCORA RESOURCES CORPORATION ("ERA.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: May 23, 2012
TSX Venture Tier 2 Company
The Capital Pool Company's ("CPC") Prospectus dated April 24, 2012, has been filed with and accepted by TSX Venture Exchange and the British Columbia, Alberta, Nova Scotia and Ontario Securities Commissions effective April 25, 2012, under the provisions of the British Columbia, Alberta, Nova Scotia and Ontario Securities Acts. The common shares of the Company will be listed and admitted to trading on TSX Venture Exchange, on the effective dates stated below.
The Company has completed its initial distribution of securities to the public. The gross proceeds received by the Company for the offering are $375,000 (3,750,000 common shares at $0.10 per share).
| Commence Date: | The common shares will commence trading on TSX Venture Exchange at the opening Thursday, May 24, 2012. |
| Corporate Jurisdiction: | Canada |
| Capitalization: | Unlimited common shares with no par value of which 10,250,000 common shares are issued and outstanding |
| Escrowed Shares: | 6,500,000 common shares |
| Transfer Agent: | Computershare Investor Services Inc. - Halifax and Toronto |
| Trading Symbol: | ERA.P |
| CUSIP Number: | 284446101 |
| Agent: | Macquarie Private Wealth Inc. |
| Agent's Options: | 300,000 options to purchase one share at $0.10 for a period of 24 months from the date of the listing. |
| For further information, please refer to the Company's prospectus dated April 24, 2012. | |
| Company Contact: | Mr. Troy Grant |
| Director, President, Secretary and CEO | |
| Company Address: | 1969 Upper Water Street, Suite 2108 |
| Halifax, Nova Scotia B3J 3R7 | |
| Company Phone Number: | (902) 802-8847 |
| Company Fax Number: | (902) 446-2001 |
| Company email: | [email protected] |
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GOLDEN DORY RESOURCES CORP. ("GDR")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: May 23, 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: | 10,376,500 |
| Original Expiry Date of Warrants: | June 10, 2012 |
| New Expiry Date of Warrants: | June 10, 2013 |
| Exercise Price of Warrants: | $0.20 |
These warrants were issued pursuant to a private placement of 2,730,000 flow-through shares with 1,365,000 share purchase warrants attached and 9,011,500 non-flow through shares with 9,011,500 share purchase warrants attached, which was accepted for filing by the Exchange effective December 13, 2010.
Private Placement:
| # of Warrants: | 375,000 |
| Original Expiry Date of Warrants: | June 15, 2012 |
| New Expiry Date of Warrants: | June 10, 2013 |
| Exercise Price of Warrants: | $0.20 |
These warrants were issued pursuant to a private placement of 375,000 shares with 375,000 share purchase warrants attached, which was accepted for filing by the Exchange effective December 15, 2010.
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HRT PARTICIPAÇÕES EM PETRÓLEO S.A. ("HRP")
BULLETIN TYPE: Share Capital Reorganization, Correction
BULLETIN DATE: May 23, 2012
TSX Venture Tier 2 Company
Further to the bulletin dated May 22, 2012, the bulletin should have read as follows:
Pursuant to a Special Resolution passed April 27, 2012, the ratio of the global depositary shares of the Company ("Global Depository Shares") will be amended to reflect the sub-division of the Company's common shares ("Shares") on a 1 old for 50 new basis. Each Global Depositary Share now represents one half of one Share (or a right to withdraw one half of one Share) deposited or subject to deposit to the depositary receipt program.
The Global Depository Shares will commence trading on the amended basis at the opening, TUESDAY, May 29, 2012. The Company is classified as a 'oil and gas exploration and development' company.
| Post - Reorganization | ||
| Capitalization: | Unlimited | Global Depositary Shares with no par value of which |
| 64,277,200 | Global Depositary Shares are issued and outstanding | |
| Escrowed Shares | Nil | Global Depositary Shares |
| Transfer Agent: | Canadian Stock Transfer Company Inc., as administrative agent for CIBC Mellon Trust Company, is co-transfer agent with American Stock Transfer & Trust Company, LLC | |
| Trading Symbol: | HRP | |
| CUSIP Number: | 404275 10 9 |
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ILOOKABOUT CORP. ("ILA")
BULLETIN TYPE: Company Tier Reclassification
BULLETIN DATE: May 23, 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 Thursday, May 24, 2012, the Company's Tier classification will change from Tier 1 to:
Classification
Tier 2
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INFORM RESOURCES CORP. ("IRR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 23, 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 30, 2012:
| Number of Shares: | 955,000 Flow-through shares | |
| 983,850 Non Flow-through shares | ||
| Purchase Price: | $0.35 per Flow-through share | |
| $0.30 per Non Flow-through share | ||
| Warrants: | 969,425 share purchase warrants to purchase 969,425 shares | |
| Warrant Exercise Price: | $0.50 for an 18 month period | |
| Number of Placees: | 20 placees | |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P / | # of Shares |
| Jason Howe | Y | 100,000 |
| Jeff Willis | P | 30,000 |
| Scott Hunter | P | 143,000 |
| Bill Whitehead | P | 100,000 |
| Graham Moore | P | 200,000 |
| Finders' Fees: | Canaccord Genuity Corp. $15,942.50 cash and 46,200 Finder's warrants payable | |
| Haywood Securities Inc. $7,076.83 cash and 20,219 Finder's warrants payable | ||
| PI Financial Corp. $10,395.00 cash and 34,650 Finder's warrants payable | ||
| - Each Finder's warrant is exercisable into one common share at $0.50 until November 9, 2013. | ||
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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KENAI RESOURCES LTD. ("KAI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 23, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 29, 2012:
| Number of Shares: | 33,500,000 shares | ||
| Purchase Price: | $0.10 per share | ||
| Warrants: | 16,750,000 share purchase warrants to purchase 16,750,000 shares | ||
| Warrant Exercise Price: | $0.125 for a one year period | ||
| Number of Placees: | 35 placees | ||
| Insider / Pro Group Participation: | |||
| Insider=Y / | |||
| Name | ProGroup=P / | # of Shares | |
| Greg Starr | Y | 120,000 | |
| John Watt | Y | 100,000 | |
| Daniel Kunz | Y | 400,000 | |
| Nithsdale Investments Ltd. (David Paterson) | Y | 1,750,000 | |
| Eldorado Gold Corporation | Y | 15,000,000 | |
| Gold Anomaly Limited | Y | 4,158,190 | |
| Finder's Fee: | -Ton Fei Fred Tham $15,000 cash and 150,000 Broker Warrants payable. | ||
| - Jordan Capital Markets Inc. $480 cash and 4,800 Broker Warrants payable. | |||
| - Mackie Research Capital Corporation $7,350 cash and 73,500 Broker Warrants payable. | |||
| - Williams de Broe Limited $31,020 cash and 310,020 Broker Warrants. | |||
| - Each Broker Warrant is exercisable into one common share at a price of $0.10 for one year 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. [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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KNIGHTSCOVE MEDIA CORP. ("KC.A")
BULLETIN TYPE: Private Placement-Brokered, Convertible Debenture/s
BULLETIN DATE: May 23, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced March 28, 2012:
| Convertible Debenture | $385,000 |
| Conversion Price: | Convertible into subordinate-voting shares at $0.125 of principal outstanding in year one and at $0.17 in year two. |
| Maturity date: | March 28, 2014 |
| Interest rate: | 12% per annum |
| Number of Placees: | 7 placees |
| Agent's Fee: | $15,000 and 120,000 broker warrants payable to All Group Financial Services Inc. Each broker warrant is exercisable into one subordinate-voting share at a price of $0.125 for an eighteen month period. |
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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LAKELAND RESOURCES INC. ("LK")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 23, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Property Option Agreement dated March 25, 2012 between Lakeland Resources Inc. (the Company) and Mike Tremblay and Mathieu Tremblay (the Vendors) whereby the Company has been granted the option to acquire a 100% interest in the Ballard Lake property comprising 2 claims (17 units, 272 hectares) located in Echum and Dolson Townships, Sault St. Marie Mining Division, Ontario. Consideration is $30,000 cash and 300,000 common shares of the Company payable over a three year period. The Property is subject to a 2% NSR which may be reduced to 1% for $1,000,000.
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OMNI-LITE INDUSTRIES CANADA INC. ("OML")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: May 23, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has been advised by the Company that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated May 21, 2012, it may repurchase for cancellation, up to 640,000 shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange during the period May 24, 2012 to May 23, 2013. Purchases pursuant to the bid will be made by Cormark Securities Inc. on behalf of the Company.
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PAN ORIENT ENERGY CORP. ("POE")
BULLETIN TYPE: Halt
BULLETIN DATE: May 23, 2012
TSX Venture Tier 2 Company
Effective at 5:19 a.m. PST, May 23, 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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PAN ORIENT ENERGY CORP. ("POE")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 23, 2012
TSX Venture Tier 2 Company
Effective at 8:30 a.m., PST, May 23, 2012, shares of the Company resumed trading, an announcement having been made.
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SAGE GOLD INC. ("SGX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 23, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 16, 2012:
| Number of Shares: | 900,000 flow-through shares and |
| 5,600,000 non flow-through shares | |
| Purchase Price: | $0.075 per flow-through share |
| $0.06 per non flow-through share | |
| Warrants: | 3,250,000 share purchase warrants to purchase 3,250,000 shares |
| Warrant Exercise Price: | $0.10 for an eighteen (18) month period |
| Number of Placees: | 16 placees |
| Finder's Fee: | An aggregate of $19,000 in cash and 306,667 finders' warrants payable to Raymond James Ltd., Stonecap Securities Inc. and Penson Financial Services Canada Inc. Each finder's warrant entitles the holder to acquire one unit at $0.06 or $0.075 for an eighteen (18) month 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 May 16, 2012.
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SILVER SPRUCE RESOURCES INC. ("SSE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 23, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 12, 2012 and closed on May 16, 2012:
| Number of Shares: | 2,392,500 flow-through units ("FT Units") | |
| Each FT Unit consists of one common share and one half of one common share purchase warrant | ||
| Purchase Price: | $0.08 per FT Unit | |
| Warrants: | 1,196,250 share purchase warrants to purchase 1,196,250shares | |
| Warrant Exercise Price: | $0.15 for the first 12 months from date of issue | |
| $0.20 for the next 12 months | ||
| $0.25 for the final 12 months | ||
| Number of Placees: | 12 placees | |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P / | # of FT Units |
| Peter Dimmell | Y | 125,000 |
| Lloyd Hillier | Y | 625,000 |
| Finder's Fee: | Macquarie Private Wealth Inc. - $560 cash | |
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SINTANA ENERGY INC. ("SNN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Resume Trading
BULLETIN DATE: May 23, 2012
TSX Venture Tier 2 Company
Share Purchase Agreement
TSX Venture Exchange has accepted for filing documentation relating to the definitive agreement dated March 12, 2012 (the "Agreement") among Sintana Energy Inc. (the "Company"), 2319744 Ontario Inc. ("Company Subco") and ColCan Energy Corp. ("ColCan"). Pursuant to the Agreement, the Company has acquired all of the issued and outstanding shares of ColCan in exchange for 196,968,134 common shares of the Company. The Company has also assumed the obligations of ColCan with respect to all outstanding ColCan warrants pursuant to which an aggregate of 24,374,997 common shares of the Company will be issuable.
For more information, refer to the Company's news release dated May 18, 2012.
Resume Trading
Effective at the open on Thursday, May 24, 2012, trading in the Company's shares will resume.
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SNIPGOLD CORP. ("SGG")
[formerly Skyline Gold Corporation ("SK")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: May 23, 2012
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders May 18, 2012, the Company has consolidated its capital on a 10 old for 1 new basis. The name of the Company has also been changed as follows.
Effective at the opening, Thursday, May 24, 2012, the common shares of SnipGold Corp. will commence trading on TSX Venture Exchange, and the common shares of Skyline Gold Corporation will be delisted. The Company is classified as a 'mining exploration/development' company.
| Post - Consolidation | ||
| Capitalization: | unlimited | shares with no par value of which |
| 18,276,143 | shares are issued and outstanding | |
| Escrow: | nil | escrow shares |
| Transfer Agent: | Valiant Trust Company | |
| Trading Symbol: | SGG | (new) |
| CUSIP Number: | 83307A 10 3 | (new) |
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