VANCOUVER, July 11, 2012 /CNW/ -
TSX VENTURE COMPANIES:
ASHBURTON VENTURES INC. ("ABR")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: July 11, 2012
TSX Venture Tier 2 Company
Further to the bulletin dated January 4, 2010 with respect to a Property Option Agreement between the Company's wholly-owned subsidiary 20090914 Nevada, Inc. and W. Dan Proctor ("Vendor") in regards to a 100% interest in the Deep Creek Gold Prospect located in Elko County, Nevada, TSX Venture Exchange has accepted for filing an Amending Agreement dated December 31, 2011 whereby the Vendor will receive an additional 200,000 common shares (for a total of 700,000 over a three year period) and the cash consideration will be reduced to US$131,000.00 (from $155,000.00) over a four year period.
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ETHIOPIAN POTASH CORP. ("FED") ("FED.WT")
BULLETIN TYPE: Halt
BULLETIN DATE: July 11, 2012
TSX Venture Tier 2 Company
Effective at 9:35 a.m. PST, July 11, 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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ETHIOPIAN POTASH CORP. ("FED") ("FED.WT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 11, 2012
TSX Venture Tier 2 Company
Effective at 10:45 a.m., PST, July 11, 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: July 11, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletins dated April 19, 2012 and June 29, 2012, the Bulletin should have read as follows:
TSX Venture Exchange has accepted for filing the Company's proposal to issue 16,000 bonus shares to two (2) non arm's-length lenders in consideration of a CDN$100,000 secured non-convertible loan made to the Company.
Insider(s) | Shares | ||||||||||
David Williams 954740 Ontario Ltd. |
8,000 8,000 |
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ROCMEC MINING INC. ("RMI")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: July 11, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 223,981 common shares at a deemed price of $0.14 per share, in order to settle an outstanding debt related to interest accrued of $31,357.34 on previously issued convertible debentures.
Number of Creditors: | 11 creditors |
The Company has issued a press release announcing the shares for debt transaction on May 8, 2012.
CORPORATION ROCMEC INC. (« RMI »)
TYPE DE BULLETIN : Émission d'actions en règlement d'une dette
DATE DU BULLETIN : Le 11 juillet 2012
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation de la société en vertu de l'émission proposée de 223 981 actions ordinaires au prix réputé de 0,14 $ l'action en règlement d'une dette pour des intérêts courus de 31 357,34 $ relativement à des débentures convertibles antérieurement émises.
Nombre de créanciers : | 11 créanciers |
La société a émis un communiqué de presse daté du 8 mai 2012 annonçant le règlement de dette en actions.
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SGX RESOURCES INC. ("SXR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 11, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing a Property Option Agreement dated July 9, 2012 between SGX Resources Inc. (the Company) and Randall Salo, Michael A. Tremblay, and Jacques E. Robert (the Vendors) whereby the Company has been granted an option to acquire a 100% interest in 8 contiguous claims located in Zavitz and Hincks Townships, Porcupine and Larder Lake Mining Districts, Ontario. Consideration is $92,000 cash, 294,000 shares and $54,400 in Exploration Expenditures over a three year period. The Property is subject to a 2% NSR which the Company may reduce to 1% for $1,000,000.
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TEMPLE REAL ESTATE INVESTMENT TRUST ("TR.UN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 11, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pursuant to the Offer to Purchase (the "Offer") between the Temple Real Estate Income Trust (the "REIT") and Lanesborough Real Estate Investment Trust ("Lanesborough"), a Non-Arms Length Party, dated April 11, 2012. The REIT proposes to acquire from Lanesborough the property known as Siena Apartments located at 118 Millennium Drive in Fort McMurray, Alberta (the "Property"). In consideration, the REIT will make a cash payment of $11,850,000 and assume of the existing mortgage debt in respect of the Property of approximately $18,650,000.
Insider / Pro Group Participation: None.
For further information please refer to the REIT's press release dated April 30, 2012.
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TYHEE GOLD CORP. ("TDC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 11, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for expedited filing documentation with respect to a Non-Brokered Private Placement announced July 9, 0212:
Number of Shares: | 4,000,000 shares | ||||||||
Purchase Price: | $0.09 per share | ||||||||
Warrants: | 4,000,000 share purchase warrants to purchase 4,000,000 shares | ||||||||
Warrant Exercise Price: | $0.125 for a two year period | ||||||||
Number of Placees: | 3 placees |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly.
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VANOIL ENERGY LTD. ("VEL")
BULLETIN TYPE: Halt
BULLETIN DATE: July 11, 2012
TSX Venture Tier 2
Effective at 9:58 a.m. PST, July 11, 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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NEX COMPANY:
ECUADOR GOLD AND COPPER CORP. ("EGX")
[formerly Enterprise Capital Corporation ("ECE.H")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Reinstated for Trading, Name Change, Consolidation, Graduation from NEX to TSX Venture
BULLETIN DATE: July 11, 2012
NEX Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing Ecuador Gold and Copper Corp.'s (formerly, Enterprise Capital Corporation) (the "Company") Qualifying Transaction described in its revised filing statement (the "Filing Statement") dated June 14, 2012. As a result, effective at the opening, Thursday, July 12, 2012, the trading symbol for the Company will change from "ECE.H" to "EGX" and the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following matters, all of which have been accepted by the Exchange.
1. Qualifying Transaction:
The Exchange has accepted for filing an arm's length agreement (the "Agreement") dated January 28, 2011, as amended and restated on July 26, 2011, as extended and amended by extension agreements dated November 24, 2011, March 28, 2012 and April 30, 2012, between the Company and Ecuador Capital Corp. ("ECC") pursuant to which the Company has acquired all of the issued and outstanding common shares of ECC carried out by way of a three-cornered amalgamation (the "Amalgamation") between ECC and the Company's wholly-owned subsidiary to form an amalgamated company that is a wholly-owned subsidiary of the Company. Prior to the Amalgamation, the Company consolidated all of its issued and outstanding shares on a 1.25-to-1 basis. Under the Amalgamation, all shareholders of ECC exchanged their common shares of ECC with the Company in return for post-consolidated shares of the Company on a one-for one basis.
For further information on the Qualifying Transaction please read the Company's Filing Statement and news releases available on SEDAR.
Insider / Pro Group Participation: None. At the time the transaction was agreed to, the Company was at arm's length to ECC and ECC's shareholders.
The Exchange has been advised that the above transaction, that did not require shareholder approval from the Company's shareholders, has been completed.
In addition, the Exchange has accepted for filing the following:
2. Reinstated for Trading:
Further to the Exchange Bulletin dated May 2, 2011, the Company has now completed a Qualifying Transaction.
Effective at the opening, Thursday, July 12, 2012, trading will be reinstated in the securities of the Company (CUSIP 27928C 10 5).
3. Name Change, Consolidation and Graduation from NEX to TSX Venture:
Pursuant to a resolution passed by shareholders on March 25, 2011, the Company has consolidated its capital on a 1.25 (old) for 1 (new) basis. The Company has also changed its name to "Ecuador Gold and Copper Corp.
The Company has met the requirements to be listed as an Exchange Tier 2 Company. Therefore, effective on Thursday, July 12, 2012, the Company's listing will transfer from NEX to the Exchange, the Company's Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to Vancouver.
Effective at the opening, Thursday, July 12, 2012, the common shares of "Ecuador Gold and Copper Corp." will commence trading on the Exchange, and the common shares of "Enterprise Capital Corporation" will be delisted. The Company is classified as a 'Mineral Exploration' company.
Post - Consolidation Capitalization: Escrow: |
Unlimited 95,697,416 23,335,000 |
shares with no par value of which shares are issued and outstanding common shares are subject to 36 month staged release escrow |
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Transfer Agent: | Valiant Trust Company | |||||||||
Trading Symbol: CUSIP Number: |
EGX 27928C 10 5 |
(new) (new) |
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Company Contact: Company Address: Company Phone Number: Company Fax Number: Company Email Address: |
Glenn Laing Suite 900, 34 King Street East, Toronto, ON M5H 2X8 (647) 865-3101 (416) 628-2529 [email protected] |
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