VANCOUVER, June 4, 2012 /CNW/ -
TSX VENTURE COMPANIES:
ANCONIA RESOURCES CORP. ("ARA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 4, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 14, 2012:
Number of Shares: |
(i) 5,948,649 flow through shares (ii) 1,295,000 non flow through shares |
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Purchase Price: |
(i) $0.23 per flow through share (ii) $0.20 per non flow through share |
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Warrants: |
(i) 2,974,323 share purchase warrants to purchase 2,974,323 shares (ii) 647,500 share purchase warrants to purchase 647,500 shares |
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Warrant Exercise Price: |
(i) $0.30 for an eighteen month period (ii) $0.27 for an eighteen month period |
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Number of Placees: | 27 placees | |||||||||
Insider / Pro Group Participation: | ||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
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AlphaNortth Asset Management Bernard Sherman Michael Florence Jason Brewster |
Y Y Y Y |
2,175,000 2,175,000 218,000 100,000 |
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Finder's Fee: | an aggregate of $74,543.95, plus 477,234 finder's warrants (430,000 exercisable into one common share each at a price of $0.23 for a period of 18 months, 47,234 exercisable into one common share each at a price of $0.20 for a period of 18 months) payable to Gillford Capital Inc., Canaccord Genuity Corp. and Global Maxfin Capital Inc. |
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). 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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GREATER CHINA CAPITAL INC. ("GCA.P")
BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction within 24 months of Listing
BULLETIN DATE: June 4, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated May 4, 2012, effective at the open, Tuesday June 5, 2012, trading in the shares of the Company will be suspended, the Company having failed to complete a Qualifying Transaction within 24 months of its listing.
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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JITE TECHNOLOGIES INC. ("JTI")
BULLETIN TYPE: Amalgamation, Delist
BULLETIN DATE: June 4, 2012
TSX Venture Tier 2 Company
Effective at the close of business, Monday, June 4, 2012, the common shares of Jite Technologies Inc. ("Jite") will be delisted from TSX Venture Exchange. The delisting of Jite shares results from a business combination of Jite and McVicar Industries Inc. - a TSX Venture listed company ("McVicar"), pursuant to a three-cornered amalgamation. A new corporation has now been formed under the name Jite Technologies Inc., which is a wholly-owned subsidiary of McVicar.
The amalgamation follows McVicar's acquisition on April 5, 2012, of 7,517,356 shares (37.45%) of the issued shares of Jite pursuant to a Feb. 28, 2012, takeover bid which increased its holdings in Jite to 18,802,606 shares or 93.67 per cent. As a result of the amalgamation, each outstanding Jite common share, other than those held by McVicar which have been cancelled, have been exchanged for one redeemable preferred share of the amalgamated corporation which has then been redeemed at a redemption price of $0.60 per preferred share. Consequently, the amalgamation effectively completes McVicar's acquisition of 100% of the issued shares of Jite.
For further details, please refer to the Company's news release dated May 31, 2012.
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MAXIM RESOURCES INC. ("MXM")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 4, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 3,270,660 shares to settle outstanding debt for $163,533.
Number of Creditors: | 3 Creditors | |||||||||||||||||||||||
Insider / Pro Group Participation: | ||||||||||||||||||||||||
Creditor |
Insider=Y / Progroup=P |
Amount Owing |
Deemed Price per Share |
# of Shares |
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Davidson & Company (Cyrus Driver) Westridge Management International Ltd. (Andrew Male) 784608 BC Ltd. (Arthur Brown) |
Y Y Y |
$50,000 $52,500 $53,328 |
$0.05 $0.05 $0.05 |
1,000,000 1,050,000 1,066,563 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
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MEXIVADA MINING CORP ("MNV")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 4, 2012
TSX Venture Tier 2 Company
Effective at open of trading, Tuesday June 5, 2012, shares of the Company will resume trading, an announcement having been made.
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NORTHERN ASPECT RESOURCES LTD. ("NTH.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: June 4, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated June 1, 2012, effective at 6:00 a.m., June 4, 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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ONLINE ENERGY INC. ("ONL")
BULLETIN TYPE: Prospectus-Share Offering
BULLETIN DATE: June 4, 2012
TSX Venture Tier 1 Company
Effective April 17, 2012, the Company's Prospectus dated April 17, 2012 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Alberta Securities Commission, Ontario Securities Commission, British Columbia Securities Commission, Saskatchewan Securities Commission, and Manitoba Securities Commission pursuant to the provisions of the Securities Acts.
TSX Venture Exchange has been advised that closings occurred on April 25, 2012 and May 12, 2012, for gross proceeds of $1,220,792.
Agents: |
Casimir Capital Ltd. Acumen Capital Finance Partners Limited |
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Offering: |
2,916,700 common shares 1,541,500 flow-through shares |
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Share Price: |
$0.26 per common share $0.30 per flow-through share |
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Agents' Commission: | 6% of the gross proceeds |
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SEA BREEZE POWER CORP. ("SBX")
BULLETIN TYPE: Halt
BULLETIN DATE: June 4, 2012
TSX Venture Tier 2 Company
Effective at 9:18 a.m. PST, June 4, 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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SEA BREEZE POWER CORPORATION ("SBX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 4, 2012
TSX Venture Tier 2 Company
Effective at 11:30 a.m., PST, June 4, 2012, shares of the Company resumed trading, an announcement having been made.
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SOHO RESOURCES CORP ("SOH")
BULLETIN TYPE: Private Placement-Non-Brokered, Correction
BULLETIN DATE: June 4, 2012
TSX Venture Tier 2 Company
Further to the Bulletin dated June 1, 2012, the Bulletin should have read as follows:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on January 23, 2012:
Number of Shares: | 12,500,000 shares | ||||||||
Purchase Price: | $0.06 per share | ||||||||
Warrants: | 6,250,000 share purchase warrants to purchase 6,250,000 shares | ||||||||
Warrant Exercise Price: | $0.10 for a two year period | ||||||||
Number of Placees: | 2 placees | ||||||||
Finder's Fee: | Jingbin Kang receives 600,000 finder's units having the same terms as the above 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.
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TOUCHSTONE EXPLORATION INC. ("TAB.WT")
BULLETIN TYPE: Warrant Expiry-Delist
BULLETIN DATE: June 4, 2012
TSX Venture Tier 2 Company
Effective at the opening, June 6, 2012, the Share Purchase Warrants of the Company will trade for cash. The Warrants expire June 11, 2012 and will therefore be delisted at the close of business June 11, 2012.
TRADE DATES
June 6, 2012 - TO SETTLE - June 7, 2012
June 7, 2012 - TO SETTLE - June 8, 2012
June 8, 2012 - TO SETTLE - June 11, 2012
June 11, 2012 - TO SETTLE - June 11, 2012
The above is in compliance with Trading Rule C.2.18 - Expiry Date:
Trading in the warrants shall be for cash for the three trading days preceding the expiry date and also on expiry date. On the expiry date, trading shall cease at 12 o'clock noon E.T. and no transactions shall take place thereafter except with permission of the Exchange.
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VERAZ PETROLEUM LTD. ("VRZ")
BULLETIN TYPE: Halt
BULLETIN DATE: June 4, 2012
TSX Venture Tier 2 Company
Effective at 4:50 a.m. PST, June 4, 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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VERAZ PETROLEUM LTD. ("VRZ")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 4, 2012
TSX Venture Tier 2 Company
Effective at 9:45 a.m., PST, June 4, 2012, shares of the Company resumed trading, an announcement having been made.
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WINALTA INC. ("WTA")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: June 4, 2012
TSX Venture Tier Company
The Issuer has declared the following dividend(s):
Dividend per Share: Payable Date: Record Date: Ex-Dividend Date: |
$0.01 June 23, 2012 June 13, 2012 June 11, 2012 |
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