VANCOUVER, June 29, 2012 /CNW/ -
TSX VENTURE COMPANIES:
ADVANCED PRIMARY MINERALS CORPORATION ("APD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a non-arm's length purchase agreement (the "Agreement") dated May 29, 2012, between Paul Coughlan, Southeastern Primary Minerals LLC, a company controlled by David Avant and Paul Coughlan (collectively, the "Purchasers") and Advanced Primary Minerals USA Corp. ("Subco"), a wholly owned subsidiary of Advanced Primary Minerals Corporation (the "Company"). Pursuant to the Agreement, Subco will sell its operating assets and select real property to the Purchasers.
As consideration, net of assumed liabilities, the Purchasers shall pay US$492,000 on closing.
For more information, refer to the Company's news release dated May 29, 2012.
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AFRICA OIL CORP. ("AOI")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
Further to the bulletin dated April 26, 2010, TSX Venture Exchange has accepted for filing a Settlement Agreement dated June 15, 2012 between the Company and Lockwood Financial Ltd. whereby the Company will issue 95,000 common shares in full and final settlement of the previously approved share allocation of finder's fees payable under an agreement dated April 20, 2010.
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ANGLO CANADIAN OIL CORP. ("ACG")
BULLETIN TYPE: Halt
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, June 29, 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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BARKERVILLE GOLD MINE ("BGM")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
Effective at 10:45 a.m., PST, June 29, 2012, shares of the Company resumed trading, an announcement having been made.
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BIG MOJO CAPITAL INC. ("MJJ.P")
BULLETIN TYPE: Halt
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, June 29, 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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BIG MOJO CAPITAL INC. ("MJJ.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated June 29, 2012, effective at 8:00 a.m., June 29, 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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CBM ASIA DEVELOPMENT CORP. ("TCF")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 6, 2012:
Number of Shares: | 88,972,222 shares | |||||||||||
Purchase Price: | $0.18 per share | |||||||||||
Warrants: | 88,972,222 share purchase warrants to purchase 88,972,222 shares | |||||||||||
Warrant Exercise Price: | $0.35 for a two year period | |||||||||||
Number of Placees: | 102 placees | |||||||||||
Insider / Pro Group Participation: | ||||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||||
Charles Bloomquist Alan T. Charuk James M. Charuk Adam Clarke First Growth Management Inc. (Clint Sharples) James F. Friberg James Hurren Keith Potter Scott Stevens Dominic Spooner Indus Capital Partners, LLC (Leonard De Somma) |
Y Y Y Y Y Y Y Y Y P Y |
286,724 1,389,111 286,455 1,676,489 287,755 1,124,111 75,000 567,222 359,494 888,888 27,777,778 |
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Finders' Fees: |
$2,160 cash payable to Mackie Research Capital Corporation $112,536.66 cash payable to Quam Securities Company Limited $216 cash payable to Union Securities Ltd. $486,790 cash and 2,704,389 warrants payable to Macquarie Private Wealth Inc. $1,728 cash payable to Zuber Jamal $4,774 cash payable to David Curran $5,100 cash payable to Matt Tremblay $11,880 cash payable to Myo Capital Advisers Ltd. $59,197.50 cash and 328,875 warrants payable to 0932721 B.C. Ltd. (Betty Joy LeBlanc) $4,320 cash payable to David Tanish $27,000 cash payable to Benjamin Hoad 128,483 shares payable to David Ramsay 104,209 shares payable to Mani Joseph |
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- Finder's fee warrants are exercisable at $0.18 per share for 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. 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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DECLAN RESOURCES INC. ("LAN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Letter Agreement dated June 7, 2012 between Declan Resources Inc. (the "Company") and Talos Minerals Ltd. ("Talos"), whereby the Company will acquire 100% of the issued common shares of Talos, which has principal assets in three mineral exploration licenses in the Kono and Bo districts of Sierra Leone. In consideration, the Company will issue 24,470,002 common shares to the shareholders of Talos. Other expenses include annual license fees of $31,000 for all three exploration licenses; all other exploration expenditures are discretionary.
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DYNAMIC FUEL SYSTEMS INC. ("DYA")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
Effective at 5:15 a.m., PST, June 29, 2012, shares of the Company resumed trading, an announcement having been made.
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FIRST POINT MINERALS CORP. ("FPX")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced June 13, 2012 and June 15, 2012:
Number of Shares: | 2,684,933 flow-through shares | |||||
Purchase Price: | $0.60 per flow-through share | |||||
Number of Placees: | 11 placees | |||||
Insider / Pro Group Participation: | None | |||||
Agent's Fee: | Raymond James Ltd.: Cash $96,657 / Broker warrants: 161,096 | |||||
Each Broker warrant is exercisable into one common share at a price of $0.72 and expires 24 months from closing. |
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GLASS EARTH GOLD LIMITED ("GEL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 15, 2012:
Number of Shares: | 11,785,750 shares | |||||||||||
Purchase Price: | $0.20 per share | |||||||||||
Warrants: | 11,785,750 share purchase warrants to purchase 11,785,750 shares | |||||||||||
Warrant Exercise Price: | $0.35 for a two year period | |||||||||||
Number of Placees: | 24 placees | |||||||||||
Insider / Pro Group Participation: | ||||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||||
Woolwich International Holdings Limited Dorothy Atkinson Rann Cannon |
Y P P |
5,000,000 50,000 50,000 |
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Finders' Fees: |
Haywood Securities Inc. will receive $1,860 cash and 9,300 Finders' Warrants Pat Nicastro will receive $1,350 cash and 6,750 Finders' Warrants Redplug Capital Corp. will receive $35,520 cash and 177,600 Finders' Warrants Vicarage Capital Limited will receive $9,000 cash and 45,000 Finders' Warrants Loeb Aron & Company will receive $3,000 cash and 15,000 Finders' Warrants |
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- The Finders' Warrants will have the same exercise price and expiry date as the Private Placement warrants and have the same terms and conditions. |
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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GLOBAL GREEN MATRIX CORP. ("GGX")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: June 29, 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: |
15,398,333 July 13, 2012 July 13, 2013 $0.20 |
These warrants were issued pursuant to a private placement of 15,398,333 shares with 15,398,333 share purchase warrants attached, which was accepted for filing by the Exchange effective July 21, 2010.
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KING GEORGE FINANCIAL CORP. ("KGF")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: June 29, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to the sale of a property located at 901-905 West Pender Street, Vancouver, B.C., in consideration of aggregate cash payments of $20,300,000.
Insider / Pro Group Participation: Nil
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LAKEVIEW HOTEL REAL ESTATE INVESTMENT TRUST ("LHR.WT")
BULLETIN TYPE: New Listing-Warrants
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
Effective at the opening, Tuesday, July 3, 2012, the warrants of the Trust will commence trading on TSX Venture Exchange (the "Exchange"). The Trust is classified as a 'Hotels' company.
Corporate Jurisdiction: | Manitoba | ||||||||
Capitalization: | 6,912,000 warrants are issued and outstanding | ||||||||
Transfer Agent: Trading Symbol: CUSIP Number: |
CIBC Mellon Trust Company LHR.WT 512223116 |
The warrants were issued in connection with an amendment to the Trust's Series C Convertible Redeemable Subordinated Debentures into Series C Non-Convertible Redeemable Subordinated Debentures as per the Exchange's bulletin dated February 27, 2012. Each warrant entitles the holder to purchase one share at a price of $0.65 per share and will expire on Thursday, March 2, 2017.
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MART RESOURCES INC. ("MMT")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
The Issuer has declared the following dividend(s):
Dividend per Common Share: Payable Date: Record Date: Ex-Dividend Date: |
$0.10 August 8, 2012 July 23, 2012 July 19, 2012 |
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MASUPARIA GOLD CORPORATION ("MAS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Memorandum of Understanding between the Company and Golden Band Resources Inc. ("Golden Band") dated March 15, 2012. The Company will be acquiring a 50% interest in the Preview Lake Property and a 50% interest in the North Lake Property, both of which lie in the La Ronge Gold Belt, Saskatchewan. The Company will pay $490,009 in cash, issue a total of 100,000 common shares and incur $400,000 in exploration expenditures on the properties to earn their interest. Breakdown of payments according to property is as follows:
CASH | SHARES | WORK EXPENDITURES | |||||||||||||||||||||
Preview Lake North Lake |
$340,009 $150,000 |
75,000 25,000 |
$300,000 $100,000 |
For further information, please see the Company's news release dated April 2, 2012.
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MINERAL MOUNTAIN RESOURCES LTD. ("MMV")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Private Placement-Non-Brokered
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
Property - Asset Agreement:
TSX Venture Exchange has accepted for filing a property option agreement (the "Agreement") dated May 30, 2012 between Holy Terror Mining Company ("Holy Terror") and the Company. The Company has the exclusive right and option to acquire up to a 75% interest in and to 13 patented and 22 unpatented claims covering a total of approximately 532 acres in the Keystone Mining District, Pennington County, South Dakota, USA (the "Property"). The Agreement is subject to a 3% Net Smelter Royalty.
The Company can acquire the property the property over two stages. To acquire a 60% interest in the property (the "First Option"), the Company must pay Holy Terror US$1,000,000, issue 10,000,000 common shares and incur US$7,500,000 in exploration expenses on the property on or before May 31, 2015. The issuer may then earn an additional 15% interest (the "Second Option") in the property by incurring an additional US$12,500,000 in Expenditures on or before May 31, 2016.
Immediately following the earlier of the exercise of the Second Option of June 1, 2016, the Company and Holy Terror will form a joint venture (the "Joint Venture") and enter into a formal agreement with respect to the Joint Venture. The Company will be responsible for up to the first US$25,000,000 in Expenditures. Until all financial obligations are met and the Company has spent a total of US$45,000,000 in Expenditures, a further cash payment of US$250,000 per year will be paid to Holy Terror after the formation of the Joint Venture.
CASH | SHARES | WORK EXPENDITURES | |||||||||||||||||||||
Year 1 Year 2 Year 3 Year 4 Subsequent years |
US$500,000 US$250,000 US$250,000 0 US$250,000(1) |
5,000,000 2,500,000 2,500,000 0 0 |
US$1,500,000 US$2,500,000 US$3,500,000 US$12,500,000 US$20,000,000(2) |
(1) If the Joint Venture is formed, the cash total will increase by US$250,000 per year for every year after the Joint Venture is formed until the Company incurs an additional US$25,000,000 in Expenditures.
(2) If the Joint Venture is formed, this total will increase by up to US$25,000,000.
In addition, a finder's fee of 200,000 common shares will be issued to Driffield Cameron in conjunction with the acquisition.
For further information, please see the Company's news release dated May 31, 2012.
Private Placement - Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced June 7, 2012:
Number of Shares: | 8,485,000 shares | |||||||||||
Purchase Price: | $0.20 per share | |||||||||||
Warrants: | 8,485,000 share purchase warrants to purchase 8,485,000 shares | |||||||||||
Warrant Exercise Price: | $0.35 for a two year period | |||||||||||
Number of Placees: | 54 placees | |||||||||||
Insider / Pro Group Participation: | ||||||||||||
Name |
Insider=Y / ProGroup=P |
# of Shares |
||||||||||
Nelson Baker Ronald Rieder Richard Adams Edward Bodnarchuk Charles Malette |
Y Y Y P P |
500,000 400,000 50,000 200,000 75,000 |
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Finders' Fees: | $4,200 cash, 147,000 shares, and 147,000 warrants exercisable at $0.35 for two years payable to National Bank Financial. |
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$2,800 cash payable to PI Financial Corp. | ||||||||||||
52,500 shares and 52,500 warrants (same terms as above) payable to BMO Nesbitt Burns Inc. |
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$18,410 cash, 3,150 shares, and 3,150 warrants (same terms as above) payable to Canaccord Genuity Corp. |
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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MOUNTAIN LAKE RESOURCES INC. ("MOA")
BULLETIN TYPE: Halt
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, June 29, 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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MOUNTAIN LAKE RESOURCES INC. ("MOA")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
Effective at 12:15 p.m., PST, June 29, 2012, shares of the Company resumed trading, an announcement having been made.
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NOBLE MINERAL EXPLORATION INC. ("NOB")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced April 16, 2012:
Number of Shares: | 11,330,000 shares | ||||||||
Purchase Price: | $0.10 per share | ||||||||
Number of Placees: | 13 placees | ||||||||
Agent's Fee: | An aggregate of $76,370 in cash and 1,091,000 broker warrants payable to IBK Capital Corp. and Brant Securities Limited. Each broker warrant entitles the holder to acquire one common share at $0.10 for a two year period. |
For further details, please refer to the Company's news releases dated April 19, 2012 and May 16, 2012.
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OLYMPIC RESOURCES LTD. ("OLA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 29, 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 and amended June 28, 2012:
Number of Shares: | 1,000,000 shares | ||||||||||||||||
Purchase Price: | $0.10 per share | ||||||||||||||||
Warrants: | 1,000,000 share purchase warrants to purchase 1,000,000 shares | ||||||||||||||||
Warrant Exercise Price: | $0.15 for a two year period | ||||||||||||||||
Number of Placees: | 15 placees | ||||||||||||||||
Insider / Pro Group Participation: | |||||||||||||||||
Name |
Insider=Y / ProGroup=P |
# of Shares |
|||||||||||||||
David Poggemiller | P | 50,000 |
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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PACIFIC-LINK CAPITAL INC. ("PCL.H")
[formerly Pacific-Link Capital Inc. ("PCL.P")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: June 29, 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, Tuesday, July 3, 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 July 3, 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 PCL.P to PCL.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.
Further to the TSX Venture Exchange Bulletin dated March 26, 2012, trading in the Company's securities will remain suspended.
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PACIFIC ORIENT CAPITAL INC. ("AAQ.H")
[formerly Pacific Orient Capital Inc. ("AAQ.P")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
In accordance with TSX Venture Exchange Policy 2.4, Capital Pool Companies, the Company has not completed a qualifying transaction within the prescribed time frame. Therefore, effective Tuesday, July 3, 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 Toronto to NEX.
As of July 3, 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 AAQ.P to AAQ.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.
Further to the TSX Venture bulletin dated April 3, 2012, trading in the shares of the Company 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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PACIFIC WILDCAT RESOURCES ("PAW")
BULLETIN TYPE: Halt
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
Effective at 6:23 a.m. PST, June 29, 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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PORTO ENERGY CORP. ("PEC")
BULLETIN TYPE: Halt
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
Effective at 9:50 a.m. PST, June 29, 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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PORTO ENERGY CORP. ("PEC")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
Effective at 10:30 a.m., PST, June 29, 2012, shares of the Company resumed trading, an announcement having been made.
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RADIANT ENERGY CORPORATION ("RDT")
BULLETIN TYPE: Shares for Bonuses, Correction
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated April 19, 2012, the Bulletin should have read as follows:
TSX Venture Exchange has accepted for filing the Company's proposal to issue 11,200 bonus shares to two (2) non arm's-length lenders in consideration of a CDN$70,000 secured non-convertible loan made to the Company.
Insider(s) | Shares | ||||||||||
David Williams 954740 Ontario Ltd. |
3,200 8,000 |
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SHAW COMMUNICATIONS INC. ("SJR.A")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: June 29, 2012
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
Dividend per Share: Payable Date: Record Date: Ex-Dividend Date: |
$0.080625 September 27, 2012 September 15, 2012 September 12, 2012 |
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Dividend per Share: Payable Date: Record Date: Ex-Dividend Date: |
$0.080625 October 30, 2012 October 15, 2012 October 11, 2012 |
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Dividend per Share: Payable Date: Record Date: Ex-Dividend Date: |
$0.080625 November 29, 2012 November 15, 2012 November 13, 2012 |
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SOUTHERN LEGACY MINERALS INC. ("LCY")
[formerly Sinchao Metals Corp. ("SMZ")]
BULLETIN TYPE: Resume Trading, Reverse Takeover-Completed, Name Change and Consolidation, Private Placement-Non-Brokered
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
The common shares of the Company have been halted from trading since March 2, 2012, pending completion of a Reverse Take-Over.
The TSX Venture Exchange has accepted for filing the Company's Reverse Take-Over ("RTO"), which includes the following transactions:
Property-Asset or Share Purchase Agreement:
TSX Venture Exchange has accepted for filing:
- a letter agreement dated March 2, 2012 between Southern Legacy Minerals Inc. ('Southern Legacy') and the Sinchao Metals Corp. ('Sinchao' or the 'Company'); and
- an Agreement and Plan of Merger and Reorganization dated March 28, 2012 between Southern Legacy, Sinchao Idaho, Inc. and the Company.
Pursuant to the agreements the Company has acquired 100% of Southern Legacy by issuing:
- 34,808,598 consolidated shares;
- 835,200 replacement stock options;
- 7,756,902 replacement warrants; and
- 664,479 replacement Broker Warrants
to Southern Legacy security holders.
In connection with the acquisition 1,250,000 shares will be issued as a Finder's Fee (500,000 shares to Antonio Pichardo and 750,000 shares to Fernando Pickmann).
Insider / Pro Group Participation: | ||||||||||||||||||||||||||||||||
Name |
Insider=Y / ProGroup=P |
# of Shares |
||||||||||||||||||||||||||||||
Cesar Lopez Antonio Pichardo Fernando Pickmann |
Y Y Y |
3,912,069 1,027,847 1,294,000 |
Name Change and Consolidation:
Pursuant to a resolution passed by shareholders June 27, 2012, the Company has consolidated its capital on a 6 old for 1 new basis. The name of the Company has also been changed as follows.
Effective at the opening, Tuesday, July 3, 2012, the common shares of Southern Legacy Minerals Inc. will commence trading on TSX Venture Exchange, and the common shares of Sinchao Metals Corp. will be delisted. The Company is classified as a 'Mineral Exploration' company.
Post - Consolidation Capitalization: Escrow: |
Unlimited 58,120,459 6,233,916 |
shares with no par value of which shares are issued and outstanding Tier 2 Surplus Security Escrow Shares |
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Transfer Agent: | Computershare Investor Services Inc. | |||||||||
Trading Symbol: CUSIP Number: |
LCY 843276 10 6 |
(new) (new) |
The Exchange has been advised that the above transactions, approved by shareholders on June 27, 2012, have been completed.
Private Placement-Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 2, 2012:
Number of Shares: | 7,108,617 post-consolidation shares | |||||||||
Purchase Price: | $1.00 per post-consolidation share | |||||||||
Warrants: | 3,554,309 share purchase warrants to purchase 3,554,309 post-consolidation shares | |||||||||
Warrant Exercise Price: | $1.30 for a two year period | |||||||||
Number of Placees: | 76 placees | |||||||||
Insider / Pro Group Participation: | ||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||
Cesar Lopez David Elliott Batell Investments Ltd. (David Elliott) David Shepherd Lisa Stefani Antonio Pichardo Catherine Wolfe |
Y P P P P Y P |
100,000 100,000 25,000 25,000 35,000 25,000 20,000 |
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Finder's Fee: | $422,354 and 422,354 warrants exercisable at $1.00 for 12 months payable in connection with this financing. |
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). 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.
Company Contact: Company Address: Company Phone Number: Company Fax Number: Company Email Address: |
Cesar Lopez Suite 788, 20 Toronto Street Toronto, Ontario, M5C 2B8 1-416-361-3434 1-416-361-0955 [email protected]m |
Effective at the open, Tuesday, July 3, 2012, trading in the shares of the Company will resume.
For further information please refer to the Company's Information Circular dated May 30, 2012.
________________________________________
TEUTON RESOURCES CORP. ("TUO")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: June 29, 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: |
1,163,611 July 16, 2012 July 16, 2014 $0.65 |
These warrants were issued pursuant to a private placement of 1,163,611 shares with 1,163,611 share purchase warrants attached, which was accepted for filing by the Exchange effective July 16, 2010.
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: |
1,000,000 September 7, 2012 September 7, 2014 $0.65 |
These warrants were issued pursuant to a private placement of 1,000,000 shares with 1,000,000 share purchase warrants attached, which was accepted for filing by the Exchange effective September 7, 2010.
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TEXADA SOFTWARE INC. ("TXS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 29, 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: | 22,500,000 shares | ||||||||||||||||||||||||||
Purchase Price: | $0.20 per share | ||||||||||||||||||||||||||
Number of Placees: | 12 placees | ||||||||||||||||||||||||||
Insider / Pro Group Participation: | |||||||||||||||||||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||||||||||||||||||||||
Inkredible Holdings Inc. (Iqbal Kassam) Manjis Holdings Ltd. (Salim Manji) Manji Investments Ltd. (Samir Manji) Anne Palmer Ronald Schwarz Malcolm Hunter |
Y Y Y Y Y Y |
12,500,000 500,000 4,500,000 250,000 1,250,000 750,000 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly.
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TRIOX LIMITED ("TTL.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
Effective at 9:30 a.m., PST, June 29, 2012, shares of the Company resumed trading, an announcement having been made.
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XCITE ENERGY LTD. ("XEL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 29, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 13, 2012:
Number of Shares: |
8,000,000 common share units ("Units") Each Unit consists of one common share and one half of one common share purchase warrant. |
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Purchase Price: | £0.8044 (approximately CAD$1.28 per share) | ||||||||
Warrants: | 4,000,000 share purchase warrants to purchase 4,000,000 shares | ||||||||
Warrant Exercise Price: |
£0.97 for up to 36 months from date of issuance. Warrants are subject to a forced exercise provision as detailed in the Company's press release dated June 13, 2012. |
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Number of Placees: | 1 placee |
No Insider / Pro Group Participation.
No Finder's Fee.
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Market Information Services at 1-888-873-8392, or email: [email protected]
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