VANCOUVER, May 25, 2012 /CNW/ -
TSX VENTURE COMPANIES:
AMERIX PRECIOUS METALS CORPORATION ("APM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 25, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Option Agreement (the "Agreement"), dated April 25, 2012, between Amerix Precious Metals Corporation (the "Company"), and two (2) arm's length parties (collectively, the "Vendors"), whereby the Company may acquire up to a 100% interest in certain mineral concessions (the "Serra Azul and Serra Dourada Properties"), located in Para State, Brazil.
Under the terms of the Agreement, the Company will earn a 100% interest in the properties by making aggregate cash payments of R$1,000,000 (Brazilian Real) and issuing 650,000 common shares to the Vendors over a four-year period.
For further details, please refer to the Company's news release dated May 14, 2012.
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BLUEROCK VENTURES CORP. ("BCR.P")
BULLETIN TYPE: Regional Office Change, Remain Halted
BULLETIN DATE: May 25, 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, British Columbia to Calgary, Alberta.
Trading in the shares of the Company will remain halted.
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CADILLAC VENTURES INC. ("CDC")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: May 25, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange (the "Exchange") has accepted for filing documentation pertaining to a Letter Agreement (the "Agreement"), dated May 11, 2012, between Cadillac Ventures Inc. (the "Company") and Iberian Minerals Corp. - a TSX Venture listed company (the "Purchaser"), whereby the Company has agreed to sell its 90% joint venture interest in the Spanish Joint Venture with Minas de Aguas Tenidas, S.A. ("MATSA", a wholly-owned subsidiary of the Purchaser) in respect of 14 properties located in the Iberian Pyrite Belt of southern Spain for consideration of CDN$2,500,000.
For further details, please refer to the Company's news releases dated December 15, 2008, April 23, 2012 and May 8, 2012.
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CALIBRE MINING CORP. ("CXB")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: May 25, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Amending Agreement between Calibre Mining Corp. (the "Company") and Yamana Gold Inc., amending the Share Purchase Agreement dated July 21, 2009 between the parties. Pursuant to the Share Purchase Agreement, the Company acquired a 100% interest in Yamana (Nicaragua) Ltd, whose wholly owned subsidiary owns a 100% interest in the Borosi Gold-Copper project located in northeast Nicaragua. Under the terms of the Amending Agreement, the Company is no longer required to pay the Bonus Payment approved by the Exchange as per the Exchange bulletin dated July 20, 2009. In return, the Company will amend the exercise price for all bonus warrants to be at $0.25 per share. In addition, the Company will also remove the vesting condition and all the bonus warrants shall be immediately exercisable. The expiry date for the bonus warrants is July 21, 2014.
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CANADA RARE EARTHS INC. ("CJC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 25, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Purchase Agreement dated April 17, 2012 between Canada Rare Earths Inc. (the "Company") and Neha Edah Tally (the "Vendor"), whereby the Company is to purchase 100% interest in 40 mining claims situated in Quebec referred to as the Tetepisca North Property. In consideration, the Company will pay to the Vendor $25,000 cash and issue 500,000 in the first year. The exploration expenditures within 18 months from the Exchange acceptance are in the amount of $75,000. The Vendor will retain a 1.5% NSR royalty, 0.5% may be purchased by the Company for $250,000. A further 1,000,000 common shares may be issued to the Vendor if certain milestones have been reached.
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CHAMPION BEAR RESOURCES LTD. ("CBA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 25, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 19, 2012:
Number of Shares: | 550,000 shares | |||||
Purchase Price: | $0.15 per share | |||||
Number of Placees: | 2 placees | |||||
Insider / Pro Group Participation: | N/A | |||||
Finder's Fee: | None |
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CONSTANTINE METAL RESOURCES LTD. ("CEM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 25, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 9, 2012:
Number of Shares: | 4,200,000 shares | ||||||||
Purchase Price: | $0.125 per share | ||||||||
Warrants: | 2,100,000 share purchase warrants to purchase 2,100,000 shares | ||||||||
Warrant Exercise Price: | $0.16 for a two 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.
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GALORE RESOURCES INC. ("GRI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 25, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 2, 2012:
Number of Shares: | 7,500,000 shares | |||||||||
Purchase Price: | $0.10 per share | |||||||||
Warrants: | 7,500,000 share purchase warrants to purchase 7,500,000 shares | |||||||||
Warrant Exercise Price: | $0.20 for an eighteen month period | |||||||||
Number of Placees: | 16 placees | |||||||||
Insider / Pro Group Participation: | ||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||
Charles G. Troup Michael W. Byrne Ltd. (Michael W. Byrne) 507784 B.C. Ltd. (Al Fabbro) |
Y Y Y |
1,000,000 1,625,000 400,000 |
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Finders' Fees: | Canaccord Genuity Corp will receive $800.00 in cash and 10,000 Finder's Compensation Options, exercisable for a period of eighteen months at $0.20 into 10,000 common shares and 10,000 Finder's Warrants, having the same terms as the Warrants issued in the Private Placement. |
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Presidio Financial Services Inc. will receive $22,200.00 in cash and 277,500 Finder's Compensation Options, exercisable for a period of eighteen months at $0.20 into 277,500 common shares and 277,500 Finder's Warrants, having the same terms as the Warrants issued in 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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IROC ENERGY SERVICES CORP. ("ISC")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: May 25, 2012
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
Dividend per Share: Payable Date: Record Date: Ex-Dividend Date: |
$0.025 July 13, 2012 July 6, 2012 July 4, 2012 |
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MEXIVADA MINING CORP. ("MNV")
BULLETIN TYPE: Halt
BULLETIN DATE: May 25, 2012
TSX Venture Tier 2 Company
Effective at 6:57 a.m. PST, May 25, 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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MILLENMIN VENTURES INC. ("MVM")
[Formerly: Millenmin Ventures Inc. ("MVM.P")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Private Placement Non Brokered, Resume Trading
BULLETIN DATE: May 25, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Filing Statement dated May 10, 2012. As a result, at the opening on Monday, May 28, 2012, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following:
Pursuant to an Agreement with Nevada Clean Magnesium Inc. (formerly Molycor Gold Corp.) (TSX-V: NVM), the Company has been granted the exclusive right and option to acquire an undivided 70% interest in the Windpass Gold Property for total consideration of $120,000 in cash, incurring $750,000.00 aggregate exploration expenditures on the property and issuing an aggregate of 400,000 common shares of the Company over a period of four years. Nevada Clean's interest in the Windpass Gold Property is subject to a 3% net smelter returns royalty in favour of third parties, which can be repurchased by the Company in consideration for $300,000. A finder's fee of $2,000 is payable by Nevada Clean to John Chalcraft, an arms' length party to the Company and Nevada, in respect of the property option.
Pursuant to the Qualifying Transaction, 3,000,000 Common Shares and 1,500,000 share purchase warrants are escrowed pursuant to the Exchange Tier 2 Value Escrow Agreement, and 3,000,000 Common Shares are escrowed pursuant to the Exchange CPC Escrow Agreement.
Private Placement Non-Brokered:
TSX Venture Exchange has accepted for filing the documentation with respect to a non-brokered private placement (the "Private Placement") announced concurrently with the Qualifying Transaction:
Number of Shares: | 3,000,000 Common Shares | ||||||||||||||
Purchase Price: | $0.20 per Common Shares | ||||||||||||||
Warrants: | 1,500,000 warrants to purchase 1,500,000 Common Shares | ||||||||||||||
Warrants Exercise Price: | $0.25 until May 24, 2013 and $0.40 until May 24, 2014 | ||||||||||||||
Number of Placees: | 1 placee | ||||||||||||||
Insider / Pro Group Participation: | |||||||||||||||
Name |
Insider=Y / ProGroup=P |
# of Shares |
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MillenAsia Resources Inc. | Y | 3,000,000 |
Effective at the opening, Monday, May 28, 2012, the Common Shares of MillenMin Ventures Inc. will resume trading on TSX Venture Exchange. The Company is classified as a "Gold Exploration" company.
Capitalization: Escrow: |
unlimited 9,100,000 6,000,000 |
shares with no par value of which shares are issued and outstanding |
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Transfer Agent: | Computershare Investor Services Inc. | |||||||||
Symbol: CUSIP Number: |
MVM 60040J 10 4 |
(same symbol as CPC but with .P removed) (UNCHANGED) |
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Company Contact: Company Address: Company Phone Number: Company Email: |
Dr. Yunkai (Kent) Cai, President, Secretary & Director 133 Richmond Street W., Suite 203 Toronto, ON M5H 2L3 (416) 366-1888 [email protected] |
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MOUNTAINVIEW ENERGY LTD. ("MVW")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 25, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the following:
- Certain oil and gas assets located in the Williams and Lake Frances areas of Pondera County, Montana, which consist of: (i) 15,520 gross (15,520 net) acres of developed land; and (ii) 40,583 gross (31,593 net) acres of undeveloped land (the "Pondera Assets"). Consideration consists of the issuance of 5,027,273 common shares and the issuance of 7,822,727 Class B shares of Mountainview Energy (USA) Ltd.;
- A certain compressor plant, certain related ancillary equipment and field wellhead equipment, and certain pipelines related to the Pondera Assets (the "Pondera Equipment"). Consideration to be paid consists of USD$283,000 cash (paid) and USD$2,377,000 principal amount of debentures of the Company that are payable within one year from the closing date, earn interest at a rate of prime plus 1% per annum and are convertible into common shares at a deemed price of $2.50 per common share; and
- Certain non-producing oil and natural gas assets located in the Medicine Lake prospect in divide County, North Dakota and Sheridan County, Montana, consisting of approximately 44,181 gross (8,836 net) acres of undeveloped land (the "Medicine Lake Assets"). Consideration consists of the issuance of 23,110,020 common shares.
Insider / Pro Group Participation: | |||||||||||||||||
Name |
Insider=Y / ProGroup=P |
# of Shares |
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Carter Stewart James Arthaud Patrick Montalban Patrick Montalban |
|
Y Y Y Y |
|
6,921,867 shares pursuant to Medicine Lake Assets 5,794,377 shares pursuant to Medicine Lake Assets 7,822,727 Class B shares of Mountainview Energy (USA) Ltd. pursuant to the Pondera Assets USD$2.377 Million of principal amount of convertible debentures and USD$283,000 in cash pursuant to the Pondera Equipment |
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NORDIC OIL AND GAS LTD. ("NOG")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 25, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,385,120 shares to settle outstanding debt for $69,256.06.
Number of Creditors: | 1 Creditor |
No Insider / Pro Group Participation
The Company shall issue a news release when the shares are issued and the debt extinguished.
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NORDIC OIL AND GAS LTD. ("NOG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 25, 2012
TSX Venture Tier 2 Company
This is a second tranche closing
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 10, 2012:
Number of Shares: | 1,715,000 flow-through shares | |||||||||||||||
Purchase Price: | $0.05 per share | |||||||||||||||
Warrants: | 956,000 share purchase warrants to purchase 956,000 class A common shares | |||||||||||||||
Warrant Exercise Price: | $0.10 for a period of two years | |||||||||||||||
Number of Placees: | 11 placees | |||||||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Units |
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Donald Benson | Y | 150,000 | ||||||||||||||
Finder's Fee: | Jeffrey Stromberg - $4,925 cash and 98,500 finder's warrants. Each finder warrant is exercisable at a price of $0.10 per share for a period of two years. |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly.
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PACIFICORE MINING CORP. ("PC")
[formerly Apella Resources Inc. ("APA")]
BULLETIN TYPE: Name Change
BULLETIN DATE: May 25, 2012
TSX Venture Tier 1 Company
Pursuant to a resolution passed by directors April 26, 2012, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening, Monday, May 28, 2012, the common shares of PacificOre Mining Corp. will commence trading on TSX Venture Exchange, and the common shares of Apella Resources Inc. will be delisted. The Company is classified as a 'Mining Exploration and Development' company.
Capitalization: Escrow: |
unlimited 139,474,014 nil |
shares with no par value of which shares are issued and outstanding |
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Transfer Agent: | Computershare Trust Company of Canada | |||||||||
Trading Symbol: CUSIP Number: |
PC 69512D107 |
(new) (new) |
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PETROMAGDALENA ENERGY CORP. ("PMD")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 25, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,124,616 shares at a deemed price of $1.29 per share to settle outstanding debt with a non-arms length party, Pacific Rubiales Energy Corp., for US$2,738,288 (CDN$2,740,754.60, calculated using the Bank of Canada rate at the close of May 9, 2012).
Number of Creditors: | 1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
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TROON VENTURES LTD. ("TVN.H")
[formerly Troon Ventures Ltd. ("TVN")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE: May 25, 2012
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening, on Monday, May 28, 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 28, 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 TVN to TVN.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.
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UNITED COAL HOLDINGS LIMITED ("UCL")
[formerly Cooper Minerals Inc. ("CQ")]
BULLETIN TYPE: Name Change
BULLETIN DATE: May 25, 2012
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders on May 1, 2012, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening on Monday, May 28, 2012, the common shares of United Coal Holdings Limited will commence trading on TSX Venture Exchange, and the common shares of Cooper Minerals Inc. will be delisted. The Company is classified as a 'Mineral Exploration/Development' company.
Capitalization: Escrow: |
Unlimited 73,259,220 Nil |
shares with no par value of which shares are issued and outstanding shares |
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Transfer Agent: | Computershare Trust Company of Canada | |||||||||
Trading Symbol: CUSIP Number: |
UCL 90982Q105 |
(new) (new) |
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WILLIAMS CREEK GOLD LIMITED ("WCX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 25, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a letter agreement dated March 26, 2012 between Tyhee Gold Corp. and the Company. The Company can earn up to a 50% interest in six mining leases and 17 mining claims (the Big Sky Property) located in the Northwest Territories.
To earn its 50% interest the Company must spend a minimum of $500,000 over the next five years on exploration and/or development of the Big Sky Property. Upon earning its interest the Company and Tyhee Gold Corp. will form a joint venture for the further development of the property.
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ZADAR VENTURES LTD. ("ZAD")
BULLETIN TYPE: New Listing-IPO-Shares; Halt
BULLETIN DATE: May 25, 2012
TSX Venture Tier 2 Company
The Company's Initial Public Offering ('IPO') Prospectus dated February 27, 2012, has been filed with and accepted by TSX Venture Exchange, and filed with and receipted by the British Columbia, Alberta and Ontario Securities Commissions on February 28, 2012, pursuant to the provisions of the applicable Securities Acts.
The gross proceeds to be received by the Company on the closing of the IPO will be $550,000 (2,200,000 common shares at $0.25 per share). The Company is classified as a 'Junior Natural Resource - Mining' company.
Commence Date: | At the opening on Monday, May 28, 2012, the common shares of the Company will be listed and IMMEDIATELY HALTED on TSX Venture Exchange. |
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Corporate Jurisdiction: | British Columbia | ||||||||||
Capitalization: Escrowed Shares: |
100,000,000 9,305,000 2,780,500 |
common shares with no par value of which common shares will be issued and outstanding on closing of the IPO common shares |
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Transfer Agent: Trading Symbol: CUSIP Number: Sponsoring Member: Agent: |
Computershare Investor Services Inc. ZAD 98884X102 N/A Wolverton Securities Ltd. |
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Agent's Options: | 176,000 options, each option entitling the holder to acquire one share of the Company at a price of $0.25 per share until May 28, 2015. |
For further information, please refer to the Company's Prospectus dated February 27, 2012.
Company Contact: Company Address: Company Phone Number: Company Fax Number: Company Email Address: |
Jason Walsh 609-475 Howe Street Vancouver, B.C. V6C 2B3 (604) 682-1643 (604) 682-1666 jwalsh@buacapital.com |
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Market Information Services at 1-888-873-8392, or email: [email protected]
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