VANCOUVER, July 3, 2012 /CNW/ -
TSX VENTURE COMPANIES:
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: June 29, 2012
TSX Venture Company
A Cease Trade Order has been issued by the British Columbia Securities Commission on June 29, 2012 against the following company for failing to file the documents indicated within the required time period:
| Symbol |
Tier |
Company |
Failure to File |
Period Ending (Y/M/D) |
||||||||||||
| ASM |
1 |
Avino Silver & Gold Mines Ltd. |
A new or amended technical report for the Avino Property, which is completed in accordance with the Act and regulations, supporting the Avino's disclosure of mineral resources and the results of the preliminary economic assessment (the required record). |
2012/03/12 |
Upon revocation of the Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements. Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
________________________________________
ASIAN MINERAL RESOURCES LIMITED ("ASN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 3, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 25, 2012:
| Number of Shares: | 50,000,000 shares | |||||||||||||||||||||||||||||||
| Purchase Price: | $0.11 per share | |||||||||||||||||||||||||||||||
| Number of Placees: | 1 placee | |||||||||||||||||||||||||||||||
| Insider / Pro Group Participation: | ||||||||||||||||||||||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||||||||||||||||||||||||
| Melior Resources Inc. | Y | 50,000,000 |
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
________________________________________
BARKER MINERALS LTD. ("BML")
BULLETIN TYPE: Private Placement-Non-Brokered, Correction
BULLETIN DATE: July 3, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated June 28, 2012 with respect to the Non-Brokered Private Placement of 3,440,000 units at a price of $0.05 per unit, the number of share purchase warrants attached should have been 1,720,000 warrants that are exercisable at $0.10 in the first year, $0.20 in the second year, $0.30 in the third year, $0.40 in the fourth year and $0.50 in the fifth year, not 3,440,000 warrants.
________________________________________
CAERUS RESOURCE CORPORATION ("CA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 3, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the second tranche of a Non-Brokered Private Placement announced April 3, 2012 and May 11, 2012:
Second Tranche:
| Number of Shares: | 1,180,000 shares | ||||||||||||||
| Purchase Price: | $0.075 per share | ||||||||||||||
| Warrants: | 1,180,000 share purchase warrants to purchase 1,180,000 shares | ||||||||||||||
| Warrant Exercise Price: | $0.10 for a two year period | ||||||||||||||
| Number of Placees: | 3 placees | ||||||||||||||
| Insider / Pro Group Participation: | |||||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||||||||||
| Arthur Darryl Drummond | Y | 80,000 | |||||||||||||
| Finders' Fees: | $750 cash and 10,000 warrants payable to Michael Baybak | ||||||||||||||
| - Finder's fee warrants are exercisable at $0.10 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.
________________________________________
CANADA ENERGY PARTNERS INC. ("CE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 3, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation pertaining to a share purchase agreement dated June 20, 2012 between Canada Energy Partners Inc. (the 'Company'), the vendor, GeoMet Inc. (GeoMet), and GeoMet's wholly owned subsidiary, Hudson's Hope Gas, Ltd. (HHG), pursuant to which the Company will acquire all of the issued and outstanding securities of HHG. In consideration, the Company will issue 2,000,000 shares. As a result of the acquisition, the Company will hold 100% of the Peace River coal bed methane project.
________________________________________
EMPEROR MINERALS LTD. ("EM")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: July 3, 2012
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated June 20, 2012, the Company advises that the following information is amended:
| Number of Shares: | 5,223,912 shares | |||||||||||||
| Warrants: | 5,223,912 share purchase warrants to purchase 5,223,912 shares | |||||||||||||
| Number of Placees: | 30 placees | |||||||||||||
| Insider / Pro Group Participation: | ||||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||||||
| Morquest Trading Co. (Al Morishita, Shayne Nyquvest) 858795 BC Ltd. (Shayne Nyquvest) |
P P |
100,000 50,000 |
All other information remains unchanged.
________________________________________
GENOIL INC. ("GNO")
BULLETIN TYPE: Company Tier Reclassification
BULLETIN DATE: July 3, 2012
TSX Venture Tier 1 Company
In accordance with Policy 2.5, the Company has not maintained the requirements for a Tier 1 company. Therefore, effective the open, Wednesday, July 4, 2012, the Company's Tier classification will change from Tier 1 to:
Classification
Tier 2
________________________________________
GOLD STANDARD VENTURES CORP. ("GSV")
BULLETIN TYPE: Company Tier Reclassification
BULLETIN DATE: July 3, 2012
TSX Venture Tier 2 Company
In accordance with Policy 2.5, the Company has met the requirements for a Tier 1 company. Therefore, effective at market open, Wednesday, July 4, 2012, the Company's Tier classification will change from Tier 2 to:
Classification
Tier 1 - Mining Issuer
________________________________________
INTERNATIONAL NORTHAIR MINES ("INM")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: July 3, 2012
TSX Venture Tier 1 Company
Further to the TSX Venture Exchange Bulletin dated June 28, 2012, the Exchange has accepted an amendment with respect to a Non-Brokered Private Placement announced June 11, 2012:
| Insider / Pro Group Participation: | ||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||||
| Fred Hewett | I | 75,000 | ||||||||||
| Finders' Fees: | Pope and Company Limited. $30,190 cash and 36,400 Broker warrants payable. | |||||||||||
| - Each Broker warrant is exercisable into one common share at $0.40 for 18 months from closing, subject to an acceleration clause. |
________________________________________
JET GOLD CORP. ("JAU")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 3, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Property Option Agreement dated April 25, 2012 between Jet Gold Corp. (the Company) and John G. Douglas (the Vendor) whereby the Company has been granted an option to acquire a 100% interest in the Nadina Property located approximately 100km south of Smithers, BC. Consideration is $200,000, 1,000,000 common shares and $700,000 in exploration expenditures within 4 years. The Property is subject to a 2% NSR which the Company may reduce to 1% for $1,500,000 on the first anniversary of commercial production.
________________________________________
LARGO RESOURCES LTD. ("LGO")
BULLETIN TYPE: Halt
BULLETIN DATE: July 3, 2012
TSX Venture Tier 2 Company
Effective at 5:17 a.m. PST, July 3, 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.
________________________________________
LARGO RESOURCES LTD. ("LGO")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 3, 2012
TSX Venture Tier 2 Company
Effective at 9:00 a.m., PST, July 3, 2012, shares of the Company resumed trading, an announcement having been made.
________________________________________
LITHIUM ONE INC. ("LI")
BULLETIN TYPE: Halt
BULLETIN DATE: July 3, 2012
TSX Venture Tier 2 Company
Effective at 4:53 a.m. PST, July 3, 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.
________________________________________
MANICOUAGAN MINERALS INC. ("MAM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 3, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 1, 2012:
| Number of Shares: | 7,320,000 shares | ||||||||||||||||
| Purchase Price: | $0.055 per share | ||||||||||||||||
| Warrants: | 7,320,000 share purchase warrants to purchase 7,320,000 shares | ||||||||||||||||
| Warrant Exercise Price: | $0.10 for a two year period | ||||||||||||||||
| Number of Placees: | 2 placees | ||||||||||||||||
| Insider / Pro Group Participation: | |||||||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||||||||||||
| JVC Trust (Donald K Johnson) Terranov A Partners LP (Vahan Kololian) |
Y Y |
5,500,000 1,820,000 |
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.
________________________________________
MAYA GOLD & SILVER INC. ("MYA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 3, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted the filing of the documentation with respect to a Non-Brokered Private Placement announced on June 14, 2012:
| Number of Shares: | 8,700,000 common shares | ||||||||
| Purchase Price: | $0.233 per common share | ||||||||
| Warrants: | 4,350,000 warrants to purchase 4,350,000 common shares | ||||||||
| Warrant Exercise Price: | $0.35 per share up to December 31, 2013, subject to an acceleration clause | ||||||||
| Number of subscribers: | 3 subscribers | ||||||||
| Finders Fees: | R.E. Investments bvba received a cash payment of $12,300 while Nikolas Sofronis received a cash payment of $90,000 |
The Company has issued a press release to announce the closing of the above-mentioned Private Placement.
MAYA OR & ARGENT INC. (« MYA »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 3 juillet 2012
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier tel qu'annoncé le 14 juin 2012 :
| Nombre d'actions : | 8 700 000 actions ordinaires | ||||||
| Prix : | 0,233 $ par action ordinaire | ||||||
| Bons de souscription : | 4 350 000 bons de souscription permettant de souscrire à 4 350 000 actions ordinaires | ||||||
| Prix d'exercice des bons : | 0,35 $ par action jusqu'au 31 décembre 2013, sujet à une modalité accélératrice | ||||||
| Nombre de souscripteurs : | 3 souscripteurs | ||||||
| Intermédiaires : | R.E. Investments bvba a reçu un paiement en espèces de 12 300 $ pendant que Nikolas Sofronis a reçu un paiement en espèces de 90 000 $ |
La société a émis un communiqué de presse annonçant la clôture du placement privé précité.
___________________________________________
MEDMIRA INC. ("MIR")
BULLETIN TYPE: Halt
BULLETIN DATE: July 3, 2012
TSX Venture Tier 2 Company
Effective at 6:14 a.m. PST, July 3, 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.
________________________________________
MEDMIRA INC. ("MIR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 3, 2012
TSX Venture Tier 2 Company
Effective at 9:30 a.m., PST, July 3, 2012, shares of the Company resumed trading, an announcement having been made.
________________________________________
MINSUD RESOURCES CORP. ("MSR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 3, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 18, 2012:
| Number of Shares: | 5,105,266 shares | ||||||||||||||
| Purchase Price: | $0.19 per share | ||||||||||||||
| Warrants: | 2,552,633 share purchase warrants to purchase 2,552,633 shares | ||||||||||||||
| Warrant Exercise Price: | $0.35 for a two year period | ||||||||||||||
| Number of Placees: | 5 placees | ||||||||||||||
| Insider / Pro Group Participation: | |||||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||||||||||
| Compania De Tierras Sud Argentino S.A. Alberto Francisco Orcoyen |
Y Y |
1,052,632 105,264 |
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.
________________________________________
PACIFIC WILDCAT RESOURCES CORP. ("PAW")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 3, 2012
TSX Venture Tier 2 Company
Effective at 10:45 a.m., PST, July 3, 2012, shares of the Company resumed trading, an announcement having been made.
________________________________________
PARAMAX RESOURCES LTD. ("PXM.H")
[formerly Paramax Resources Ltd. ("PXM")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE: July 3, 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 open, Wednesday, July 4, 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 Calgary to NEX.
As of July 4, 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 PXM to PXM.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.
_______________________________________
PUMA EXPLORATION INC. ("PUM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 3, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement announced on June 29, 2012:
| Number of Shares: | 335,000 flow-through common shares | |||||||||
| Purchase Price: | $0.30 per flow-through common share | |||||||||
| Warrants: | 167,750 warrants to purchase 167,750 common shares | |||||||||
| Warrants Exercise Price: | $0.40 per share until June 29, 2014 | |||||||||
| Number of Placees: | 12 placees | |||||||||
| Insider / Pro Group Participation: | ||||||||||
| Name |
Insider = Y / Pro Group = P |
Number of Shares |
||||||||
| Ginette Brisson André Proulx |
Y Y |
45,000 15,000 |
||||||||
| Finder's Fees: | Shawn Khunkhun received $2,400 in cash and 8,000 warrants. Each warrant entitles the Holder to purchase one common share at a price of $0.30 per share until June 29, 2014. |
The Company has confirmed the closing of the above-mentioned Private Placement
EXPLORATION PUMA INC. (« PUM »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 3 juillet 2012
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier, tel qu'annoncé le 29 juin 2012 :
| Nombre d'actions : | 335 000 actions ordinaires accréditives | ||||||||
| Prix : | 0,30 $ par action ordinaire accréditive | ||||||||
| Bons de souscription : | 167 750 bons de souscription permettant de souscrire à 167 750 actions ordinaires | ||||||||
| Prix d'exercice des bons : | 0,40 $ l'action jusqu'au 29 juin 2014 | ||||||||
| Nombre de souscripteurs : | 12 souscripteurs | ||||||||
| Participation des initiés / Groupe Pro : | |||||||||
| Nom |
Initié = Y / Groupe Pro = P |
Nombre d'actions |
|||||||
| Ginette Brisson André Proulx |
Y Y |
45 000 15 000 |
|||||||
| Honoriaires d'intermédiation : | Shawn Khunkhun a reçu 2 400 $ en espèces et 8 000 bons de souscription. Chaque bon de souscription permet au titulaire d'acquérir une action ordinaire au prix de 0,30 $ l'action jusqu'au 29 juin 2014. |
La société a confirmé la clôture du placement privé par voie de l'émission d'un communiqué de presse.
___________________________________________
PUMA EXPLORATION INC. ("PUM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 3, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement announced on June 5, 2012:
| Number of Shares: | 2,960,599 flow-through common shares | |||||||||
| Purchase Price: | $0.30 per flow-through common share | |||||||||
| Warrants: | 1,480,299 warrants to purchase 1,480,299 common shares | |||||||||
| Warrants Exercise Price: | $0.40 per share until June 29, 2014 | |||||||||
| Number of Placees: | 91 placees | |||||||||
| Insider / Pro Group Participation: | ||||||||||
| Name |
Insider = Y / Pro Group = P |
Number of Shares |
||||||||
| Alain Paquet Denis Amoroso Judy Taylor Randal Eijnsbergen Nick Shinder Thierry Tremblay |
P P P P P P |
10,000 30,000 20,000 16,666 33,500 50,000 |
||||||||
| Finder's Fees: | The following amounts were paid in cash: $26,239.99 to Canaccord Genuity Corp. ("Canaccord"), $36,014.40 to Macquarie Private Wealth Inc. ("Macquarie"), $6,400 to Adrian Lamoureux, and $2,400 to Shawn Khunkhun. Warrants were also received in the following amounts: 87,466 to Canaccord, 120,048 to Macquarie, 8,000 to Shawn Khunkhun, and 21,333 to Adrian Lamoureux. Each warrant entitles the Holder to purchase one common share at a price of $0.30 per share until June 29, 2014. |
The Company has confirmed the closing of the above-mentioned Private Placement via the issuance of a press release dated June 29, 2012.
EXPLORATION PUMA INC. (« PUM »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 3 juillet 2012
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier, tel qu'annoncé le 5 juin 2012 :
| Nombre d'actions : | 2 960 599 actions ordinaires accréditives | |||||||||
| Prix : | 0,30 $ par action ordinaire accréditive | |||||||||
| Bons de souscription : | 1 480 299 bons de souscription permettant de souscrire à 1 480 299 actions ordinaires | |||||||||
| Prix d'exercice des bons : | 0,40 $ l'action jusqu'au 29 juin 2014 | |||||||||
| Nombre de souscripteurs : | 91 souscripteurs | |||||||||
| Participation des initiés / Groupe Pro : | ||||||||||
| Nom |
Initié = Y / Groupe Pro = P |
Nombre d'actions |
||||||||
| Alain Paquet Denis Amoroso Judy Taylor Randal Eijnsbergen Nick Shinder Thierry Tremblay |
P P P P P P |
10 000 30 000 20 000 16 666 33 500 50 000 |
||||||||
| Honoriaires d'intermédiation : | Les montants suivants ont étés payés en espèces : 26 239,99 $ à Canaccord Genuity Corp. (« Canaccord »), 36 014,40 $ à Macquarie Private Wealth Inc. (« Macquarie »), 6 400 $ à Adrian Lamoureux et 2 400 $ à Shawn Khunkhun. Des bons de souscriptions ont aussi été reçus pars les intermédiaires, répartient de la manière suivante : 87 466 à Canccord, 120 048 à Mcquarie, 8 000 à Shawn Khunkhun et 21 333 à Adrian Lamoureux. Chaque bon de souscription permet au titulaire d'acquérir une action ordinaire au prix de 0,30 $ l'action jusqu'au 29 juin 2014. |
La société a confirmé la clôture du placement privé par voie de l'émission d'un communiqué de presse daté du 29 juin 2012.
___________________________________________
RHINO EXPLORATION INC. ("RHI")
BULLETIN TYPE: New Listing-IPO-Shares, Resume Trading
BULLETIN DATE: July 3, 2012
TSX Venture Tier 2 Company
Further to the bulletin dated June 28, 2012, effective at the opening, Wednesday, July 4, 2012, trading in the Common shares of the Company will resume.
________________________________________
STRACHAN RESOURCES LTD. ("SCN.P")
BULLETIN TYPE: Halt
BULLETIN DATE: July 3, 2012
TSX Venture Tier 2 Company
Effective at 9:45 a.m. PST, July 3, 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.
________________________________________
SUPERIOR COPPER CORPORATION ("SPC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 3, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a property acquisition agreement (the "Agreement") dated June 21, 2012 between George Lucuik, Dan Shelly, Jim Ralph (collectively, the "Vendors") and Superior Copper Corporation (the "Company"). Pursuant to the Agreement, the Company shall acquire a 100% interest in the Pall Mall Property located in the Batchewana Bay, Algoma District in the Province of Ontario.
In consideration the Company must issue 750,000 shares to the Vendors.
For more information, refer to the Company's news release dated June 22, 2012.
________________________________________
WESTBRIDGE ENERGY CORPORATION ("WEB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 3, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 16, 2012 and May 2, 2012:
| Number of Shares: | 16,000,000 shares | ||||||||||||||||
| Purchase Price: | $0.25 per share | ||||||||||||||||
| Warrants: | 8,000,000 share purchase warrants to purchase 8,000,000 shares | ||||||||||||||||
| Warrant Exercise Price: | $0.45 for an eighteen month period | ||||||||||||||||
| Number of Placees: | 64 placees | ||||||||||||||||
| Insider / Pro Group Participation: | |||||||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||||||||||||
| Ronan Clohissey Paul Colucci Thomas Courteau Pasquale Di Capo Eaton Consultants Limited Douglas Eickmeier John Esteireiro Matthew Gaasenbeek Barry Gordon Hartco Financial Inc. James Heaps Craig King Kevin Leonard Loria Capital Corp. Patrick McBride Chris Naprawa Anthony Oram Michelle Pollock RC Capital Inc. (David Morrison) Graham Saunders Dmyant Sangha Donato Sferra Kevin Shaw Quinn Sievewright Robert Stabile Adam Thomas Aaron Unger David Vankka Dov Wiener Jonathan Younie Theodore Zunich Young Capital Partners LP |
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 P P |
100,000 40,000 100,000 600,000 100,000 200,000 100,000 100,000 100,000 100,000 100,000 100,000 60,000 180,000 60,000 100,000 600,000 600,000 100,000 100,000 260,000 100,000 100,000 100,000 200,000 100,000 40,000 100,000 100,000 12,500 40,000 160,000 |
|||||||||||||||
| Finders' Fees: |
200,000 finder's warrants payable to Primary Capital Inc. 84,800 finder's warrants payable to Dundee Securities Ltd. 160,000 finder's warrants payable to Eaton Consultants Ltd. 248,000 finder's warrants payable to Beacon Securities Limited. |
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.
________________________________________
WESTBRIDGE ENERGY CORP. ("WEB")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 3, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a letter agreement dated April 12, 2012 between Kayuco Universal Ltd. ('Kayuco') and the Company. The Company will acquire all the shares of Kayuco by paying to the shareholders of Kayuco $3,000,000 cash and 10,000,000 shares.
Kayuco's sole asset is an 80% interest in the Petroleum Exploration License No. 0054 to explore within block number 1811B offshore Namibia.
Pursuant to a Petroleum Agreement dated November 8, 2011 Kayuco must carry out a minimum of US$5,000,000 of exploration work on the property by March 28, 2016.
The remaining 20% interest is a carried interest with certain back-in rights held 5% by NAMCOR (the Namibian state oil company) and 15% by Lunganda Trading Enterprises (Namibian economic empowerment group).
NAMCOR also has a provision for 5% equity if more than 300bbl are discovered on Block 1811B.
________________________________________
ZONE RESOURCES INC. ("ZNR")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: July 3, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,200,000 bonus shares in consideration of aggregate loans in the amount of $300,000. The loans have a term until December 1, 2012 and bear interest at 1% per month. Insider: Gordon Jang: Loan Amount $100,000, 400,000 bonus shares.
A finder's fee is payable to Haywood Securities in the amount of $15,000.
________________________________________
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