VANCOUVER, May 31, 2012 /CNW/ -
TSX VENTURE COMPANIES:
ALDERSHOT RESOURCES LTD. ("ALZ")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s, Amendment
BULLETIN DATE: May 31, 2012
TSX Venture Tier 2 Company
Further to the bulletins dated August 17, 2010 and February 16, 2012, TSX Venture Exchange has accepted for filing a second extension to the maturity date of a convertible debenture as follows:
Convertible Debenture: | $100,000.00 | |||||||||||
Conversion Price: | Convertible into 1,000,000 common shares at a price of $0.10 per share | |||||||||||
Amended Maturity date: | September 30, 2012 | |||||||||||
Interest rate: | 10 % | |||||||||||
Number of Placees: | 1 placee | |||||||||||
Insider / Pro Group Participation: | ||||||||||||
Name |
Insider=Y / ProGroup=P / |
Principal Amount |
||||||||||
Philip G. Crabb | Y | $100,000 |
The convertible debenture was issued pursuant to a private place that was originally accepted for filing by the Exchange effective August 17, 2010. For further information, please refer to the Company's news release dated May 14, 2012.
________________________________________
AMERICAN MANGANESE INC. ("AMY")
BULLETIN TYPE: Warrant Term Extension, Correction
BULLETIN DATE: May 31, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated May 30, 2012 with respect to the extension to the expiry date of 1,990,174 warrants, the new expiry date should be August 11, 2013, not August 11, 2012.
The rest of the bulletin remains unchanged.
________________________________________
ATORO CAPITAL CORP. ("TTO.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 31, 2012
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated May 29, 2012, effective at the open of business, Friday, June 1, 2012, shares of the Company will resume trading.
________________________________________
CASCADERO COPPER CORPORATION ("CCD")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: May 31, 2012
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated April 13, 2012, the BC Securities Commission's Cease Trade Order against the company has been revoked.
Effective at the opening, Friday, June 1, 2012, trading will be reinstated in the securities of the Company.
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COMWEST ENTERPRISE CORP. ("CWP") ("CWP.A")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: May 31, 2012
TSX Venture Tier 2 Company
The Issuer has declared the following dividend(s):
Dividend per Share: Payable Date: Record Date: Ex-Dividend Date: |
$0.02 June 15, 2012 June 8, 2012 June 6, 2012 |
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COPPER NORTH MINING CORP. ("COL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 31, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 24, 2012:
Number of Shares: | 6,000,000 shares | ||||||||||
Purchase Price: | $0.167 per share | ||||||||||
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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CORNERSTONE METALS INC. ("CCC")
[formerly Appleton Exploration Inc. ("AEX")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: May 31, 2012
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders July 19, 2011, the Company has consolidated its capital on a 5 old for 1 new basis. The name of the Company has also been changed as follows.
Effective at the opening, Friday, June 1, 2012, the common shares of Cornerstone Metals Inc. will commence trading on TSX Venture Exchange, and the common shares of Appleton Exploration Inc. will be delisted. The Company is classified as a 'Mining' company.
Post - Consolidation Capitalization: Escrow: |
Unlimited 9,871,534 Nil |
shares with no par value of which shares are issued and outstanding |
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Transfer Agent: | Computershare Investor Services | |||||||||
Trading Symbol: CUSIP Number: |
CCC 21925M 10 9 |
(new) (new) |
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DIFFERENCE CAPITAL FUNDING INC. ("DCF")
[formerly TriNorth Capital Inc. ("TRT")]
BULLETIN TYPE: Name Change and Consolidation, Private Placement-Non-Brokered
BULLETIN DATE: May 31, 2012
TSX Venture Tier 1 Company
Consolidation
Pursuant to a resolution passed by shareholders May 24, 2012, TriNorth Capital Inc. (the "Company") has consolidated its capital on a 10 old for 1 new basis. The name of the Company has also been changed as indicated below.
Name Change
Effective at the opening, Friday, June 1, 2012, the common shares of the Difference Capital Funding Inc. will commence trading on TSX Venture Exchange, and the common shares of TriNorth Capital Inc. will be delisted. The Company is classified as an 'Investment' company.
Private Placement-Non-Brokered
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 5, 2012:
Number of Shares: | 71,776,261 shares | ||||||||||||||||||||||||||||||||||||
Purchase Price: | $0.30 per share | ||||||||||||||||||||||||||||||||||||
Number of Placees: | 95 placees | ||||||||||||||||||||||||||||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||||||||||||||||||||||||||||||||
Alan Cheatley Robert Disbrow John Pennal David Lyall Marco Ottoni Cameron Baker Myles Wesetvik 1599597 Ontario Inc. (Wesley Hall) Sebastien Benoit Sullivan GM+P Partner Corporation (Kevin Sullivan) Michael Wekerle Eric Savic Dundee Corporation |
P P Y P P P P Y P P Y/P P Y/P |
333,333 833,334 333,334 500,000 83,334 83,333 83,333 2,000,000 83,333 833,333 9,866,668 500,000 16,666,667 |
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).
Post - Consolidation Capitalization
Post-consolidation, and following the non-brokered private placement described above, the capitalization of the Company will be as follows:
Capitalization: Escrow |
unlimited 86,872,614 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: |
DCF 253746101 |
(new) (new) |
________________________________________
EASTCOAL INC. ("ECX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Private Placement-Brokered
BULLETIN DATE: May 31, 2012
TSX Venture Tier 2 Company
Property-Asset or Share Purchase Agreement:
TSX Venture Exchange has accepted for filing a share purchase agreement (the 'Agreement') dated April 11, 2012, between EastCoal Inc. (the 'Company') and Aponet Enterprises Limited ('Aponet'), to acquire all of Aponet's 100% interest in Inter-Invest Ugol Ltd. ('Inter-Invest'). By acquiring the 100% interest in Inter-Invest, the Company acquired a 100% interest in the Menzhinsky Coal Mine, Ukraine (the 'Property').
Total consideration is as follows:
- Payment of $2,000,000;
- The issuance of 4,000,000 common shares in the Company;
- The issuance of warrants to acquire an additional 4,000,000 common shares at $0.70 per common share for a period of two years from April 11, 2012;
- Assuming and paying a debt of Inter-Invest in the amount of US$5,833,334.80; and
- The issuance of a $4,000,000 convertible debenture.
For further information, refer to the Company's news release dated April 13, 2012.
Private Placement-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced May 15, 2012:
Number of Shares: | 48,600,000 shares | |||||||||||
Purchase Price: | $0.35 per share | |||||||||||
Warrants: | 48,600,000 share purchase warrants to purchase 48,600,000 shares | |||||||||||
Warrant Exercise Price: | $0.55 for a three year period, subject to an accelerated expiry | |||||||||||
Number of Placees: | 37 placees | |||||||||||
Insider / Pro Group Participation: | ||||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||||
Mark Styles 1662287 Ontario Inc. (John Conlon) Ronan Clohissey George W. Lawton Abraham Hendrik Jonker Ukraine Coal plc (Jonathan Malins) Arcourt Resources N.L. (John Byrne) Robert Dixon Clarus Securities Inc. |
P Y P Y Y Y Y P P |
43,000 571,500 100,000 100,000 200,000 1,715,000 929,000 86,000 929,000 |
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Agents' Fees: |
$429,774.66 payable to Clarus Securities Inc., with 1,227,928 warrants attached exercisable at $0.35 for 36 months $429,774.66 payable to Cenkos Securities plc, with 1,227,928 warrants attached exercisable at $0.35 for 36 months $53,683.56 payable to Fraser Mackenzie Limited, with 153,382 warrants attached exercisable at $0.35 for 36 months $53,683.56 payable to Jennings Capital Inc., with 153,381 warrants attached exercisable at $0.35 for 36 months $53,683.56 payable to Salman Partners Inc., with 153,381 warrants attached exercisable at $0.35 for 36 months |
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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GOLDCLIFF RESOURCE CORPORATION ("GCN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 31, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 11, 2012:
Number of Shares: | 2,000,000 shares | |||||||||||
Purchase Price: | $0.05 per share | |||||||||||
Warrants: | 1,000,000 share purchase warrants to purchase 1,000,000 shares | |||||||||||
Warrant Exercise Price: | $0.10 for a one year period | |||||||||||
Number of Placees: | 3 placees | |||||||||||
Insider / Pro Group Participation: | ||||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||||
Edwin R. Rockel George Sanders Leonard W. Saleken |
Y Y Y |
500,000 1,000,000 500,000 |
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. 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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GREAT WESTERN MINERALS GROUP LTD. ("GWG")
BULLETIN TYPE: Halt
BULLETIN DATE: May 31, 2012
TSX Venture Tier 2 Company
Effective at 10:05 a.m. PST, May 31, 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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GREENFIELDS PETROLEUM CORPORATION ("GNF") ("GNF.DB")
BULLETIN TYPE: Prospectus-Debenture Offering, New Listing - Debentures
BULLETIN DATE: May 31, 2012
TSX Venture Tier 1 Company
Prospectus Debenture Offering:
Effective May 22, 2012, the Company's Prospectus dated May 22, 2012 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Alberta and Ontario Securities Commission on May 22, 2012. The prospectus has also been filed under Multilateral Instrument 11-102 Passport System British Columbia, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador. A receipt for the prospectus is deemed to be issued by the regulator in each of those jurisdictions, if the conditions of the Instrument have been satisfied.
TSX Venture Exchange has been advised that closing occurred on May 30, 2012, for gross proceeds of $23,725,000, inclusive of the exercise of an over-allotment option
Offering: | $20,000,000 | ||||||||
Underwriter(s): |
FirstEnergy Capital Corp. CIBC World Markets Inc. Casimir Capital Ltd. Stonecap Securities Inc. Cormark Securities Inc. Haywood Securities Inc. Raymond James Ltd. |
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Underwriter's Commission: | A cash commission equal to 4.25% of the gross proceeds of the Debentures to be paid to the Underwriters. | ||||||||
Greenshoe Option: | The Underwriters have exercised an over-allotment option granted by the Company to purchase 3,750 additional Debentures for gross proceeds of $3,750,000. |
Details of the Debentures:
Maturity Date: | May 31, 2017 | ||||||||||||||
Redemption: | The Debentures may be redeemed, on or after June 1, 2015, and prior to the Maturity Date, in whole or in part, from time to time, at a price equal to the principal amount thereof, plus accrued and unpaid interest, at the Corporations' sole option on not more than 60 days and not less than 40 days prior notice, provided that the Current Market Price on the date on which notice of redemption is given is not less than 125% of the Conversion Price. Terms and further details of the redemption are outlined in the Prospectus. | ||||||||||||||
Interest: | 9% Interest is payable semi-annually on May 31 and November 30 of each year. | ||||||||||||||
Day Count Type: | 360 days | ||||||||||||||
Interest Start Date: | May 30, 2012 | ||||||||||||||
Subordination: | The payment of the principal and premium, if any, of, and interest on, the Debentures will be subordinated in right of payment, as set forth in the Indenture, to the prior payment in full of all Senior Indebtedness of the Corporation. The Debentures will also be effectively subordinated to claims of creditors of the Corporation except to the extent the Corporation is a creditor ranking at least pari passu with such other creditors. | ||||||||||||||
Conversion: | The Debentures are convertible into common shares of the Company at the option of the bondholder at a conversion price of $8.55 per share at any time prior to maturity or the last business day prior to redemption. |
New Listing-Debentures:
Effective at the opening, Friday, June 1, 2012, the debentures of the Company will commence trading on TSX Venture Exchange. The Company is classified as an 'Oil and Gas Exploration and Development' company.
Corporate Jurisdiction: | Alberta | |||||||||||||
Capitalization: | |
$23,725,000 $23,725,000 |
Debentures with no par value of which are issued and outstanding |
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Transfer Underwriter: Trading Symbol: CUSIP Number: |
Alliance Trust Company GNF.DB G40915AA1 |
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Sponsoring Members: | FirstEnergy Capital Corp. |
Details of the Debentures:
Terms: | Matures on May 31, 2017. | |||||||||||
Redemption: | The Debentures may be redeemed, on or after June 1, 2015, and prior to the Maturity Date, in whole or in part, from time to time, at a price equal to the principal amount thereof, plus accrued and unpaid interest, at the Corporations' sole option on not more than 60 days and not less than 40 days prior notice, provided that the Current Market Price on the date on which notice of redemption is given is not less than 125% of the Conversion Price. Terms and further details of the redemption are outlined in the Prospectus. | |||||||||||
Interest: | 9% Interest is payable semi-annually on May 31 and November 30 of each year. | |||||||||||
Subordination: | The payment of the principal and premium, if any, of, and interest on, the Debentures will be subordinated in right of payment, as set forth in the Indenture, to the prior payment in full of all Senior Indebtedness of the Corporation. The Debentures will also be effectively subordinated to claims of creditors of the Corporation except to the extent the Corporation is a creditor ranking at least pari passu with such other creditors. | |||||||||||
Conversion: | The Debentures are convertible into common shares of the Company at the option of the bondholder at a conversion price of $8.55 per share at any time prior to maturity or the last business day prior to redemption. | |||||||||||
Clearing and Settlement: | The Debentures will clear and settle through CDS. | |||||||||||
Board Lot: | The Debentures will trade in a board lot size of $1,000 face value. |
For further information, please refer to the Company's Prospectus dated May 22, 2012.
________________________________________
HIGHLAND RESOURCES INC ("HI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 31, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 20, 2012 and May 4, 2012:
Number of Shares: | 206,250,000 shares | |||||||||
Purchase Price: | $0.08 per share | |||||||||
Warrants: | 206,250,000 share purchase warrants to purchase 206,250,000 shares | |||||||||
Warrant Exercise Price: | $0.15 for a two year period, subject to an acceleration clause | |||||||||
Number of Placees: | 98 placees | |||||||||
Insider / Pro Group Participation: | ||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||
Robert Eadie Gary Arca Michele Cappuccitti John Comi Angelo Comi Darrin Hopkins Anthony Kinnon Sandra Kinnon Hazel Bennett Susan Milton Elina Ayzenberg Dominique Richer Ilan Bahar Sarfraz Visram John Armstrong Catherin Seltzer David Barclay Jason Neal Joshua Goldfarb Egizio Bianchini Douglas Flegg Cindy Lewis Christine Harman Andrew Mickleson David Anderson Raymond Martin Wong David Lyall William Vance Eric Savics Don Simpson Kerry Smith Valerie Siggs Mike Siggs Todd Monaghan Dundee Corporation RMB Resources Ltd. ATF Telluride Investment Trust |
Y Y P P P P P P P P P P P P P P P P P P P P P P P P P P P P P P P P Y Y |
500,000 300,000 150,000 150,000 225,000 1,250,000 500,000 750,000 625,000 625,000 100,000 156,250 312,500 312,500 937,500 312,500 625,000 3,125,000 312,500 1,250,000 1,562,500 312,500 1,875,000 2,000,000 625,000 160,000 1,250,000 1,250,000 1,250,000 1,250,000 1,250,000 125,000 187,500 125,000 65,000,000 25,000,000 |
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Finders' Fees: |
Nassau Capital Management Partners Inc. $4,910 cash and 16,849,938 shares payable. Jordan Capital Markets Inc. $25,864.00 cash payable. Macquarie Private Wealth Inc. $30,000 cash payable. Scotia Private Client Group $12,000 cash payable. Stifel Nicolaus Canada Inc. $100,000 cash payable. JTE Finance Ltd. $16,000 cash payable. Jennings Capital Inc. $12,000 cash payable. Primary Capital Inc. $28,000 cash payable. Haywood Securities Inc. $50,000 cash payable. Global Maxfin Capital Inc. $4,500 cash payable. |
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.]
________________________________________
KINGSLAND ENERGY CORP. ("KLE)
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 31, 2012
TSX Venture Tier 2 Company
Effective at the open, Friday, June 1, 2012, trading in the Company's shares will resume.
________________________________________
LOGAN RESOURCES LTD. ("LGR")
BULLETIN TYPE: Consolidation,
BULLETIN DATE: May 31, 2012
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders May 29, 2012, the Company has consolidated its capital on a 4 old for 1 new basis. The name of the Company has not been changed.
Effective at the opening, Friday, June 1, 2012, the common shares of Logan Resources Ltd. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'mineral exploration and development' company.
Post - Consolidation Capitalization: Escrow: |
unlimited 5,018,009 nil |
shares with no par value of which shares are issued and outstanding shares are subject to escrow |
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Transfer Agent: | Computershare Investor Services Inc. | |||||||||
Trading Symbol: CUSIP Number: |
LGR 541095303 |
(UNCHANGED) (NEW) |
________________________________________
MINERAL MOUNTAIN RESOURCES LTD. ("MMV")
BULLETIN TYPE: Halt
BULLETIN DATE: May 31, 2012
TSX Venture Tier 2 Company
Effective at 5:02 a.m. PST, May 31, 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.
________________________________________
MINERAL MOUNTAIN RESOURCES LTD. ("MMV")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 31, 2012
TSX Venture Tier 2 Company
Effective at 11:00 a.m., PST, May 31, 2012, shares of the Company resumed trading, an announcement having been made.
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NY85 CAPITAL INC. ("NY")
[formerly NY85 Capital Inc. ("NY.P")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Private Placement-Non-Brokered, Resume Trading
BULLETIN DATE: May 31, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction (the 'QT') and related transactions, all as principally described in the Company's Filing Statement dated May 16, 2012 (the 'Filing Statement'). As a result, effective at the opening, Friday, June 1, 2012, the Company will no longer be considered a Capital Pool Company and will resume trading. The QT includes the following matters, all of which have been accepted by the Exchange:
1. Option agreement to acquire 60% interest in the West Timmins Gold Project, Ontario:
TSX Venture Exchange has accepted for filing an Option Agreement (the 'Agreement') between the Company and Newcastle Minerals Ltd. ('Newcastle'), whereby the Company has the right to earn a 60% interest in the West Timmins Gold Project, located in the Porcupine Mining Division, Ontario, by paying $85,000 ($5,000 has been paid to date), and issuing 650,000 shares to Newcastle over a two year period. The Agreement also requires the Company to incur a total of $900,000 in exploration expenditures on the Property over a three year period.
The Exchange has been advised that the above transaction, which did not require shareholder approval of the Company, has been closed.
As Timmins Forest Products Ltd. ('Timmins') is currently the registered owner of the Property, a consent agreement was also entered into among the Company, Newcastle and Timmins, pursuant to the Agreement. For additional information, refer to the Filing Statement dated May 16, 2012, which has been accepted for filing by the Exchange.
2. Private Placement-Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 16, 2012:
Number of Shares: | 5,000,000 non flow-through shares and 2,500,000 flow-through shares | |||||||||
Purchase Price: | $0.06 per non flow-through share and $0.08 per flow-through share | |||||||||
Warrants: | 5,000,000 share purchase warrants to purchase 5,000,000 shares at $0.10 for a two year period and 2,500,000 share purchase warrants to purchase 2,500,000 shares at $0.125 for a two year period. If the Company's shares trade at $0.25 or greater during a period of 30 consecutive days, the Company may, upon notice to the warrant holders by press release, shorten the exercise period to 30 days from the date of such notice. |
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Number of Placees: | 58 placees | |||||||||
Insider / Pro Group Participation: | ||||||||||
Name |
Insider=Y / ProGroup=P |
# of Shares |
||||||||
Christopher Kape Bedo H. Kalpakian Jacob H. Kalpakian Michael Shapray Keith Anderson Richard Macey Michael Gardner Homeward Bound Ventures (Tom Cox) Kim Dunfield Dan Del Debbio Gavin Van Buuren Joseph Capozzo Michael Comeau Luc Grenier Gilbert Payeur |
Y Y Y Y Y Y P P P P P P P P P |
93,300 NFT & 93,300 FT 66,700 NFT & 100,000 FT 100,000 NFT 15,000 NFT & 15,000 FT 300,000 NFT 50,000 NFT & 200,000 FT 300,000 NFT 100,000 NFT 200,000 NFT 50,000 NFT 50,000 NFT 50,000 FT 100,000 FT 50,000 FT 50,000 FT |
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.
3. Resume Trading:
Effective at the opening, Friday, June 1, 2012 the common shares of NY85 Capital Inc. will recommence trading on TSX Venture Exchange. The Company is classified as a 'mining' company.
Capitalization: Escrow: |
Unlimited 12,050,000 2,000,000 |
shares with no par value of which common shares are issued and outstanding common shares are subject to 36 month staged release escrow |
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Transfer Agent: Trading Symbol: |
Computershare Investor Services Inc. NY (same symbol as CPC but with .P removed) |
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Company Contact: Company Address: Company Phone Number: Company Email Address: |
Keith Anderson 2606 - 400 Capilano Road Port Moody, B.C. V3H 0E1 (604) 469-6855 kanderson7774@gmail.com |
________________________________________
OLYMPIC RESOURCES LTD. ("OLA")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 31, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement dated May 22, 2012 between Olympic Resources Ltd. (the 'Company'), Unity Resources Inc. (Gary Lewis, Aubrey Budgell and Brian Penny), and Zimtu Capital Corp. (a TSX Venture listed company), whereby the Company will acquire a 100% interest in the Flora Graphite property consisting of five contiguous claims blocks totalling 4,104 hectares located eight kilometers east of Labrador City, Labrador.
Total consideration consists of $60,000 in cash payments and 3,000,000 shares of the Company as follows:
CASH | SHARES | |||||||||||
Upon signing agreement Upon Exchange approval Six months after approval Twelve months after approval Fourteen months after approval |
$30,000 $30,000 $0 $0 $0 |
0 1,500,000 500,000 500,000 500,000 |
In addition, there is a 2% net smelter return relating to the acquisition. The Company may at any time purchase 1% of the net smelter return for $1,000,000 in order to reduce the total net milling royalty to 1%.
________________________________________
ORD MOUNTAIN RESOURCES CORP. ("OMR.H")
[formerly Ord Mountain Resources Corp. ("OMR.P")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE: May 31, 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, Friday, June 1, 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 June 1, 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 OMR.P to OMR.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.
_____________________________________
PASSPORT ENERGY LTD. ("PPO")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: May 31, 2012
TSX Venture Tier 2 Company
Effective at the opening, Friday, June 1, 2012, the common shares of Passport Energy Ltd. (the 'Company') will commence trading on TSX Venture Exchange. The Company is classified as a 'Junior Natural Resource - Oil and Gas' company.
Commence Date: | At the opening, Friday, June 1, 2012, the common shares will commence trading on TSX Venture Exchange. |
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Corporate Jurisdiction: | British Columbia | |||||||||
Capitalization: Escrowed Shares: |
Unlimited 85,887,318 10,511,111 |
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: |
Olympia Trust Company PPO 70285G103 |
For further information, please refer to the Company's Listing Application dated March 30, 2012, as well as the Company's news release dated April 26, 2012, both of which are available on SEDAR.
Company Contact: Company Address: Company Phone Number: Company Fax Number: Company Email Address: |
Christopher Gulka Suite 420, 600-6th Avenue SW Calgary, AB T2P 0S5 (403) 930-4060 (403) 930-4065 info@passportenergy.com |
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RADIUS GOLD INC. ("RDU")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: May 31, 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: |
6,285,001 June 16, 2012 June 16, 2013 $0.37 |
These warrants were issued pursuant to a private placement of 13,000,000 shares with 6,500,000 share purchase warrants attached, which was accepted for filing by the Exchange effective June 17, 2010.
Private Placement:
# of Warrants: Original Expiry Date of Warrants: New Expiry Date of Warrants: Exercise Price of Warrants: |
3,050,000 July 3, 2012 July 3, 2013 $0.55 |
These warrants were issued pursuant to a private placement of 6,100,000 shares with 3,050,000 share purchase warrants attached, which was accepted for filing by the Exchange effective June 27, 2011.
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RED STAR CAPITAL VENTURES INC. ("RSM.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: May 31, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated May 29, 2012, effective at 6:21 a.m., May 31, 2012, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Qualifying Transaction pursuant to TSXV Listings Policy 2.4. 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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RIDGEMONT IRON ORE CORP. ("RDG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Resume Trading
BULLETIN DATE: May 31, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing:
- The Share Exchange Agreement ("Share Exchange Agreement") dated May 29, 2012, among Ridgemont Iron Ore Corp. (the "Company") and IronOne Inc. ("IronOne") and all of the Shareholders of IronOne Inc. whereby the Company has acquired all the issued and outstanding common shares of IronOne.
- IronOne holds an option to earn 100% of the Lac Virot Iron Project in Labrador, subject to a 2% NSR, and, holds a 100% interest in 8 mineral claims, licenses and permits in the Maguse River Project in Nunavut.
- As consideration under the Share Exchange Agreement, the Company will issue 29,925,000 common shares to IronOne, to be distributed to shareholders of IronOne on a pro rata basis.
Finder's Fee: in connection with the above transaction IronOne has issued to Delano Capital Corp. 750,000 common shares of IronOne as a Finder's Fee. As per the terms of the Share Exchange Agreement, these shares have been exchanged for the Company shares.
Further information is available in the Company's news releases dated March 21, 2012 and May 30, 2012.
Resume Trading:
Effective at the open, Friday, June 1, 2012, trading in the Company's shares will resume.
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SKEENA RESOURCES LIMITED ("SKE")
BULLETIN TYPE: Consolidation
BULLETIN DATE: May 31, 2012
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders on September 7, 2011, the Company has consolidated its capital on a 5 old for 1 new basis and has subsequently increased its authorized capital. The name of the Company has not been changed.
Effective at the opening, Friday, June 1, 2012, the common shares of Skeena Resources Limited will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'junior natural resource - mining' company.
Post - Consolidation Capitalization: Escrow: |
unlimited 25,051,790 nil |
shares with no par value of which shares are issued and outstanding shares are subject to escrow |
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Transfer Agent: | Computershare Investor Services Inc. | |||||||||
Trading Symbol: CUSIP Number: |
SKE 83056P 30 1 |
(UNCHANGED) (new) |
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TOSCA MINING CORP. ("TSQ")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 31, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an amendment by amending letter agreement dated April 10, 2012 to the terms of the Amended and Restated Option to Purchase Agreement between NJB Mining, Inc., Ram Opportunities, Stephen E. Glass, Red Hills Copper, Inc. and the Company dated March 23, 2011.
The Company has the option to earn a 100% interest, subject to a 2% Net Smelter Return royalty, in the mineral and surface rights of the Red Hills Molybdenum-Copper property located in Presidio County, Texas. To earn its interest pursuant to the amended terms the Company will pay US$3,700,000 cash and issue 2,800,000 shares as follows:
- US$1,900,000 cash and 200,000 shares on or before May 1, 2011. (paid)
- US$300,000 cash and 200,000 shares on or before September 1, 2011. (paid)
- US$300,000 cash and 600,000 shares on or before May 1, 2012. (paid)
- US$300,000 cash and 600,000 shares on or before May 1, 2013.
- US$300,000 cash and 600,000 shares on or before May 1, 2014.
- US$2,400,000 cash and 600,000 shares on or before commencement of commercial mining and processing.
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VENTRIPOINT DIAGNOSTICS LTD. ("VPT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 31, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 19, 2012 and closed May 1, 2012:
Number of Securities: |
18,750,000 units ("Units") Each Unit consists of one common share and one half of one common share purchase warrant |
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Purchase Price: | $0.16 per Unit | |||||||||
Warrants: | 9,735,001 share purchase warrants to purchase 9,735,001 shares | |||||||||
Warrant Exercise Price: | $0.25 for up to 24 months from date of issuance | |||||||||
Number of Placees: | 59 placees | |||||||||
Insider / Pro Group Participation: | ||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Units |
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Danny Dalla-Longa Don C. Black |
Y Y |
156,250 59,937 |
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Finder's Fee: |
$40,056 cash and 250,350 non-transferrable warrants ("Finder Warrants") payable to Macquarie Private Wealth Inc. $4,800 cash and 30,000 Finder Warrants payable to Jones, Gable & Company Limited $36,000 cash payable to Crowthorn Capital Corporation 200,000 units and 200,000 Finder Warrants payable to Tracy Beairsto 34,000 Finder Warrants payable to Michael Sobolewski $1,920 cash and 12,000 Finder Warrants payable to Union Securities Ltd. |
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Finder Warrants are exercisable for one common share at a price of $0.17 for up to 18 months from date of issuance. |
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WESTSTAR RESOURCES CORP. ("WER")
BULLETIN TYPE: Warrant Price Amendment
BULLETIN DATE: May 31, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension to the expiry date and the reduction in the exercise price of the following warrants:
Private Placement:
# of Warrants: Original Expiry Date of Warrants: New Expiry Date of Warrants: Original Exercise Price of Warrants: New Exercise Price of Warrants: |
1,232,200 July 5, 2012 July 5, 2013 $1.50 $0.94 |
These warrants were issued pursuant to a private placement of 2,464,400 shares with 1,232,200 share purchase warrants attached, which was accepted for filing by the Exchange effective August 5, 2011.
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NEX COMPANY:
HTI VENTURES CORP. ("HTI.H")
[formerly HTI Ventures Corp. ("HTX.H")]
BULLETIN TYPE: Consolidation, Symbol Change
BULLETIN DATE: May 31, 2012
NEX Company
Pursuant to a special resolution passed by shareholders February 24, 2012, the Company has consolidated its capital on a 10 old for 1 new basis. The name of the Company has not been changed.
Effective at the opening, Friday, June 1, 2012, the common shares of HTI Ventures Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration and Development' company.
Post - Consolidation Capitalization: Escrow: |
unlimited 1,623,692 nil |
shares with no par value of which shares are issued and outstanding shares are subject to escrow |
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Transfer Agent: | Computer Share Investor Services Inc. | |||||||||
Trading Symbol: CUSIP Number: |
HTI.H 40429W405 |
(new) (new) |
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Market Information Services at 1-888-873-8392, or email: [email protected]
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