VANCOUVER, July 9, 2012 /CNW/ -
TSX VENTURE COMPANIES:
ARGEX MINING INC. ("RGX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 9, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 26, 2012:
Number of Shares: | 5,400,000 common shares | ||||||||||||||||||||||||||
Purchase Price: | $0.93 per common share | ||||||||||||||||||||||||||
Number of Placees: | 4 placees | ||||||||||||||||||||||||||
Insider / Pro Group Participation: | |||||||||||||||||||||||||||
Name |
Insider = Y / Pro Group = P |
Number of Shares |
|||||||||||||||||||||||||
Limited partnerships associated with Luxor Capital Group, LP |
Y |
5,400,000 |
The Company has announced the closing of the Private Placement by way of a press release date July 5, 2012.
LES MINES ARGEX INC. (« RGX »)
TYPE DE BULLETIN: Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 9 juillet, 2012
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation relativement à un placement privé sans l'entremise d'un courtier, tel qu'annoncé le 26 juin 2012 :
Nombre d'actions : | 5 400 000 actions ordinaires | ||||||||||||||||||||||||||
Prix : | 0,93 $ par action ordinaire | ||||||||||||||||||||||||||
Nombre de souscripteurs : | 4 souscripteurs | ||||||||||||||||||||||||||
Nom |
Initié = Y / Groupe Pro = P |
Nombre d'actions |
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Sociétés en commandites associées à Luxor Capital Group, LP |
Y |
5 400 000 |
La société a confirmé la clôture du placement privé ci-avant mentionné par voie d'un communiqué de presse daté du 5 juillet 2012.
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BREA RESOURCES CORP. ("BCS")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: July 9, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 250,000 shares at a deemed price of $0.14 per share to settle outstanding debt for $35,000.00.
Number of Creditors: | 1 Creditor |
For more information, please refer to the Company's news release dated July 6, 2012.
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CGX ENERGY INC. ("OYL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 9, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 28, 2012:
Number of Shares: | 85,714,285 shares | ||||||||||||||||
Purchase Price: | $0.35 per share | ||||||||||||||||
Warrants: | 42,857,142 share purchase warrants to purchase 42,857,142 shares | ||||||||||||||||
Warrant Exercise Price: | $0.60 for an eighteen month period | ||||||||||||||||
Number of Placees: | 1 placee | ||||||||||||||||
Insider / Pro Group Participation: | |||||||||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
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Pacific Rubiales Energy Corp. | Y | 85,714,285 |
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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COLOMBIAN MINES CORPORATION ("CMJ")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: July 9, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing an option/joint venture agreement (the "Agreement") to be entered into among Colombian Mines Corporation ("Colombian Mines" or the "Company"), its wholly-owned subsidiary, Corporacion Minera Colombia S.A.S ("Minera"), and a wholly-owned subsidiary of Teck Resources Limited ("TeckCo"). Under the Agreement TeckCo may earn up to a 70% interest in the Yarumalito Property located in Colombia from Minera which holds a 100% interest in the Yarumalito Property. In order to earn an initial 55% interest in the Yarumalito Property TeckCo must:
- incur expenditures on the Yarumalito Property of US$5,000,000 on or before the fourth anniversary of the date of the Agreement (the "Effective Date"), US$1,500,000 (the "Minimum Expenditure") of which is a non-revocable expenditure to be incurred within one year of the Effective Date;
- make a cash payment of US$380,000 to Minera promptly after the Effective Date; and
- make a cash payment of $1,000,000 on or before the fourth anniversary of the Effective Date.
If the Minimum Expenditure is not incurred prior to the first anniversary of the Effective Date, TeckCo will have the option to make up the deficiency with a cash payment to Minera in the amount of the shortfall.
If TeckCo exercises the first option, it may exercise a second option to acquire an additional 15% interest in the Yarumalito Property by:
- incurring expenditures on the Yarumalito Property of US$5,000,000;
- making a cash payment of US$1,000,000 to Minera;
- making a private placement into the Company of $2,000,000;
all on or before the sixth anniversary of the Effective Date; and
- completing sufficient drilling to calculate a NI 43-101 compliant resource estimate.
The Exchange has been advised that Colombian Mines has received the approval of its shareholders to the Agreement.
For further information, see the Company's news releases of March 2, 2012 and May 29, 2012 which are available under the Company's profile on SEDAR.
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DONNYCREEK ENERGY INC. ("DCK")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: July 9, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement of common shares and convertible debentures announced May 24, 2012, as amended June 13, 2012 and June 18, 2012:
Private Placement - Non-Brokered
Number of Shares: | 3,001,177 flow-through shares | ||||||||||||||||||||||||||
Purchase Price: | $0.85 per flow-through share | ||||||||||||||||||||||||||
Number of Placees: | 17 placees | ||||||||||||||||||||||||||
Insider / Pro Group Participation: | |||||||||||||||||||||||||||
Name |
Insider=Y / ProGroup=P / |
Shares |
|||||||||||||||||||||||||
Randy Kwasnicia Canaccord Genuity Corp. (Theodore Zunich) |
Y P |
29,500 FT 14,000 FT |
Private Placement - Non-Brokered, Convertible Debenture/s
Convertible Debenture: | $2,780,000 | |||||||||
Conversion Price: | Convertible into common shares at a conversion price of $1.00 per common share provided that such conversion shall not be less than the lesser of $100,000 and the outstanding principal amount of the convertible debentures |
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Maturity date: | June 15, 2014, subject to an accelerated maturity | |||||||||
Interest rate: | 10% | |||||||||
Number of Placees: | 34 placees | |||||||||
Insider / Pro Group Participation: | ||||||||||
Name |
Insider=Y / ProGroup=P / |
Principal Amount |
||||||||
Randy Kwasnicia Malcolm Todd Robert Todd Ken Stephenson Tyler Brenneman |
Y Y Y Y P |
$100,000 $25,000 $25,000 $100,000 $300,000 |
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Finder's Fee: | $7,125 payable to Brant Securities Limited, with 7,500 warrants attached exercisable at $0.85 until December 17, 2012 |
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$2,658.63 payable to Canaccord Genuity Corp., with 1,860 warrants attached exercisable at $0.85 until December 17, 2012 and 1,267 warrants exercisable at $0.85 until December 20, 2012 |
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$123,000 payable to Stephen Avenue Securities Inc., with 116,460 warrants attached exercisable at $0.85 until December 17, 2012 and 3,540 warrants exercisable at $0.85 until December 20, 2012 |
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$3,570 payable to David O'Brien, with 4,200 warrants attached exercisable at $0.85 until December 17, 2012 |
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$9,000 payable to Altacorp Capital Inc. | ||||||||||
$1,500 payable to 0846811 BC Ltd (Fab Carella) |
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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ENSSOLUTIONS GROUP INC. ("ENV")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: July 9, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 38,835,059 consolidated common shares at a deemed value of $0.05 per share to settle outstanding debt for CDN$1,941,753.
Number of Creditors: | 9 Creditors | |||||||||||||||||||||||
Insider / Pro Group Participation: | ||||||||||||||||||||||||
Creditor |
Insider=Y / Progroup=P |
Amount Owing |
Deemed Price per Share |
# of Shares |
||||||||||||||||||||
David C. Lincoln James Griffiths Lincoln, Blynken and Nodd LLC |
Y Y Y |
CDN$113,766.91 US$1,455,599.96 CDN$28,441.75 US$56,791.67 |
$0.05 $0.05 $0.05 $0.05 |
2,275,338 28,856,396 568,835 1,125,861 |
For further details, please refer to the Company's news releases dated April 3, 2012 and April 30, 2012.
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FOUNDATION RESOURCES INC. ("FDN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 9, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 22, 2012 and June 27, 2012:
Number of Shares: | 13,809,000 shares | |||||||||
Purchase Price: | $0.05 per share | |||||||||
Warrants: | 13,809,000 share purchase warrants to purchase 13,809,000 shares | |||||||||
Warrant Exercise Price: |
$0.10 for a one year period $0.15 in the second year $0.20 in the third year $0.25 in the fourth year $0.30 in the fifth year |
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The warrants are subject to accelerated exercise provisions within 30 days of the Company providing notice if the share price of the Company closes at over $0.25 for 20 consecutive trading days. |
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Number of Placees: | 55 placees | |||||||||
Insider / Pro Group Participation: | ||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||
Paul Chung Dax Naples Duncan Gordon |
Y P P |
100,000 80,000 250,000 |
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Finder's Fee: | $57,545 cash and 690,540 warrants (with the same terms and conditions of the Private Placement warrants) 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.
________________________________________
FOCUSED CAPITAL II CORP. ("FAV.P")
BULLETIN TYPE: Halt
BULLETIN DATE: July 9, 2012
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, July 9, 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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FOCUSED CAPITAL ll CORP. ("FAV.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: July 9, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated July 9, 2012, effective 6:55 a.m., July 9, 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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GALANTAS GOLD CORPORATION ("GAL")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: July 9, 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: |
24,550,000 July 22, 2012 July 22, 2013 $0.10 |
These warrants were issued pursuant to a private placement of 45,550,000 shares with 45,550,000 share purchase warrants attached, which was accepted for filing by the Exchange effective July 26, 2010.
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HTC PURENERGY INC. ("HTC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 9, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 3, 2012:
Number of Shares: | 250,000 shares | ||||||||||
Purchase Price: | $0.12 per share | ||||||||||
Number of Placees: | 1 placee |
No Insider / Pro Group Participation.
No Finder's Fee.
________________________________________
KAIZEN CAPITAL CORP. ("KZN.H")
[formerly Kaizen Capital Corp. ("KZN.P")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE: July 9, 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 10, 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 10, 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 KZN.P to KZN.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.
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KENNADY DIAMONDS INC. ("KDI")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: July 9, 2012
TSX Venture Tier 2 Company
Effective at the opening, Tuesday, July 10, 2012, the shares of the Company will commence trading on TSX Venture Exchange. The Company is classified as a "diamond mining" company.
Corporate Jurisdiction: | Ontario | |||||||||
Capitalization: Escrowed Shares: |
unlimited 16,143,112 0 |
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: |
Computershare Investor Services Inc. KDI 489165100 |
For further information, please refer to the Company's Listing Application dated July 5, 2012 available on SEDAR.
Company Contact: Company Address: Company Fax Number: Company Email Address: |
Jennifer Dawson, CFO and Corporate Secretary 161 Bay Street, Suite 2315, P.O. Box 216, Toronto, ON M5J 2S1 (416) 640-3335 jdawson@kennadydiamonds.com |
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LYNNWOOD CAPITAL INC. ("LCI.P")
BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction within 24 months of Listing
BULLETIN DATE: July 9, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated June 6, 2012, effective at the open, on Tuesday, July 10, 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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NORTHAMPTON GROUP INC. ("NHG.DB")
BULLETIN TYPE: Delist
BULLETIN DATE: July 9, 2012
TSX Venture Tier 1 Company
Effective at the close of business, Monday, July 23, 2012, the Company's convertible debentures will be delisted from TSX Venture Exchange due to their maturity on July 23, 2012.
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OLYMPIA FINANCIAL GROUP INC. ("OLY")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: July 9, 2012
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
Dividend per Share: Payable Date: Record Date: Ex-Dividend Date: |
$0.70 July 31, 2012 July 19, 2012 July 17, 2012 |
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PURE MULTI-FAMILY REIT LP ("RUF.U")
BULLETIN TYPE: New Listing-IPO-Units
BULLETIN DATE: July 9, 2012
TSX Venture Tier 1 Company
Pure Multi-Family REIT LP's (the "Company") Initial Public Offering ('IPO') Prospectus dated July 3, 2012, has been filed with and accepted by TSX Venture Exchange, and filed in each of the provinces of Canada, except Quebec, on July 3, 2012, and receipted by the securities regulator in each of these jurisdictions, pursuant to the provisions of the securities legislations in each of these jurisdictions.
The IPO is expected to close before the market opening on Tuesday, July 10, 2012. Gross proceeds to be received by the Company in respect of the IPO will be US$50,000,000 (10,000,000 class A units (each, a "Unit") at US$5.00 per Unit). The Company is classified as a 'Real Estate' company.
Commence Date: | At the opening, Tuesday, July 10, 2012, the Units will commence trading on TSX Venture Exchange upon confirmation of closing of the IPO. |
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Corporate Jurisdiction: | Ontario | |||||||||
Capitalization: Escrowed Shares: |
Unlimited 10,000,000 Nil |
Units with no par value of which Units are issued and outstanding Units |
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Transfer Agent: Trading Symbol: CUSIP Number: |
Computershare Trust Company of Canada RUF.U 74624A 10 8 |
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Agents: | Dundee Securities Ltd. and Canaccord Genuity Corp. (as co-lead agents), on behalf of National Bank Financial Inc., Raymond James Ltd., Scotia Capital Inc., GMP Securities L.P., Desjardins Securities Inc., HSBC Securities (Canada) Inc., Macquarie Capital Markets Canada Ltd., Sora Group Wealth Advisors Inc. and Union Securities Ltd. (collectively, the "Agents") |
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Greenshoe Option: | The Company has granted a Greenshoe Option entitling the Agents to purchase a total of 1,500,000 Units at a price of US$5.00 up to the close of business on August 9, 2012. |
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Agents' Fees: | US$3,000,000, equal to 6% of the gross proceeds of US$50,000,000. |
For further information, please refer to the Company's Prospectus dated July 3, 2012.
Company Contact: Company Address: Company Phone Number: Company Fax Number: Company Email Address: |
Stephen Evans Chief Executive Officer of the Company's Governing General Partner 910 - 925 West Georgia Street Vancouver, British Columbia, V6C 3L2 (604) 681-5959 (604) 681-5969 sevans@sunstoneadvisors.com |
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ROCKBRIDGE RESOURCES INC. ("RBE")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: July 9, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated July 5, 2012, effective at 11:45 a.m., July 9, 2012, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Change of Business and/or Reverse Takeover pursuant to TSXV Listings Policy 5.2. 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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STRACHAN RESOURCES LTD. ("SCN.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: July 9, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated July 3, 2012, effective at 6:55 a.m., July 9, 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 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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VALTERRA RESOURCE CORPORATION ("VQA")
BULLETIN TYPE: Consolidation
BULLETIN DATE: July 9, 2012
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders on June 27, 2012, the Company has consolidated its capital on a ten (10) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening, Tuesday, July 10, 2012, the common shares of Valterra Resource Corporation will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration/Development' company.
Post - Consolidation Capitalization: Escrow: |
Unlimited 9,359,032 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: |
VQA 920366 20 0 |
(UNCHANGED) (new) |
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ZAIO CORPORATION ("ZAO")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: July 9, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 162,782 shares to settle outstanding debt for $73,425.
Number of Creditors: | 40 Creditors | |||||||||||||||||||||||
Insider / Pro Group Participation: | ||||||||||||||||||||||||
Creditor |
Insider=Y / Progroup=P |
Amount Owing |
Deemed Price per Share |
# of Shares |
||||||||||||||||||||
Bradley H. Stinson Joel Strickland |
Y Y |
$750 $1,325 |
$0.451 $0.451 |
1,662 2,937 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
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