VANCOUVER, Aug. 14, 2012 /CNW/ -
TSX VENTURE COMPANIES:
ADVANCED EXPLORATIONS INC. ("AXI")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: August 14, 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: |
2,805,952 shares 5,013,000 flow-through shares |
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Purchase Price: | |
$0.21 per share $0.24 per flow-through share |
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Warrants: |
2,805,952 share purchase warrants to purchase 2,805,952 shares at a price of $0.30 per share for a two year period. (unit) 2,506,500 share purchase warrants to purchase 2,506,500 shares at a price of $0.40 per share for a two year period. (flow-through unit) |
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Number of Placees: | 9 placees | ||||||||
Finders' Fees: |
Industrial Alliance Securities Inc. - $142,567.99 and 157,191 Compensation Options that are exercisable into common shares at $0.24 per share to July 17, 2014. Fraser Mackenzie Limited - $16,168.32 and 67,368 Compensation Options that are exercisable into common shares at $0.24 per share to July 17, 2014. Jacob Securities Inc. - $16,168.32 and 67,368 Compensation Options that are exercisable into common shares at $0.24 per share to July 17, 2014. Casimir Capital Ltd. - $37,725.84 and 157,191 Compensation Options that are exercisable into common shares at $0.24 per share to July 17, 2014. |
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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ARCUS DEVELOPMENT GROUP INC. ("ADG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 14, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 10, 2012:
Number of Shares: | 1,000,000 flow-through shares | |||||||||||||||||||||
Purchase Price: | $0.10 per share | |||||||||||||||||||||
Number of Placees: | 2 placees | |||||||||||||||||||||
Insider / Pro Group Participation: | ||||||||||||||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
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P. Gary Paulson | Y | 500,000 |
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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AURA SILVER RESOURCES INC. ("AUU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 14, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 29, 2012:
Number of Shares: | 4,000,000 shares | |||||||||
Purchase Price: | $0.05 per share | |||||||||
Warrants: | 4,000,000 share purchase warrants to purchase 4,000,000 shares | |||||||||
Warrant Exercise Price: | $0.10 for a two year period | |||||||||
Number of Placees: | 7 placees | |||||||||
Insider / Pro Group Participation: | ||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
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Robert Boaz Nick Tintor Yves Pesant Dominique Richer |
Y Y P P |
2,000,000 200,000 200,000 500,000 |
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Finder's Fee: | $2,400, plus 48,000 finder's options (each exercisable at a price of $0.05 into one share and one warrant at the terms above for a period of two years) payable to Philip Beaudoin |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
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BARKERVILLE GOLD MINES LTD. ("BGM")
BULLETIN TYPE: Halt
BULLETIN DATE: August 14, 2012
TSX Venture Tier 2 Company
Effective at 5:12 a.m. PST, August 14, 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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BLACKLINE GPS CORP. ("BLN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 14, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 27, 2012:
Number of Shares: | 3,200,000 shares | |||||||||
Purchase Price: | $1.25 per unit | |||||||||
Warrants: | 3,200,000 share purchase warrants to purchase 3,200,000 shares | |||||||||
Warrant Exercise Price: | $1.50 for a period of three years | |||||||||
Number of Placees: | 10 placees | |||||||||
Insider / Pro Group Participation: | ||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Units |
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DAK Investment Corp. (Daryl Katz) Frank Templeton Investments Corp. |
Y P |
1,600,000 670,000 |
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Finder's Fee: | Lightyear Capital Inc. - $110,000 cash and 160,000 finders warrants. Each finder warrant is exercisable at a price of $1.25 per share for a period of 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.
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CAMISHA RESOURCES CORP. ("CRN")
[formerly Camisha Resources Corp. ("CRN.P")]
BULLETIN TYPE: Qualifying Transaction-Completed, Symbol Change, Property-Asset or Share Purchase Agreement, Reinstated for Trading
BULLETIN DATE: August 14, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing Camisha Resources Corp.'s (the "Company") Qualifying Transaction described in its filing statement (the "Filing Statement") dated August 1, 2012. As a result, effective at the opening, Wednesday, August 15, 2012, the trading symbol for the Company will change from CRN.P to CRN 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.
Acquisition of 100% interest in the King-Gold Property:
The Company entered into an option agreement (the "Option Agreement") dated May 8, 2012 with Strategic Metals Ltd. (the "Optionor") and Archer, Cathro & Associates (1981) Limited (the "Trustee") under which the Optionor and Trustee have granted the option (the "Option") to the Company to acquire a 100% undivided right, title and interest in and to the eighty-two mineral claims known as the King Gold-Copper Property (collectively, the "Property") located in the Whitehorse Mining District in the Yukon Territory.
To exercise the Option, thereby earning a 100% interest in and to the Property, subject to the Royalty (as defined below), the Company is required to pay to the Optionor not less than an aggregate of $320,000 as follows:
- $15,000 upon execution of the Option Agreement (paid),
- $15,000 upon the issuance of this bulletin (the "Bulletin"),
- an additional $40,000 on or before the second anniversary of the Bulletin,
- an additional $50,000 on or before the third anniversary of the Bulletin,
- an additional $50,000 on or before the fourth anniversary of the Bulletin,
- an additional $75,000 on or before the fifth anniversary of the Bulletin,
- an additional $75,000 on or before the sixth anniversary of the Bulletin, and
allot and issue not less than an aggregate 800,000 common shares ("Payment Shares") to the Optionor, as fully-paid and non-assessable, as follows:
- 50,000 Payment Shares upon the issuance of the Bulletin,
- an additional 100,000 Payment Shares on or before the first anniversary of the Bulletin,
- an additional 100,000 Payment Shares on or before the second anniversary of the Bulletin,
- an additional 150,000 Payment Shares on or before the third anniversary of the Bulletin,
- an additional 150,000 Payment Shares on or before the fourth anniversary of the Bulletin, and
- an additional 250,000 Payment Shares on or before the fifth anniversary of the Bulletin.
Under the terms of the Option Agreement, and following exercise of the Option, the Company has agreed to grant the Optionor a 2% NSR (the "Royalty") with respect to the Property. The Royalty will be payable by the Issuer on a calendar quarterly basis.
The full particulars of the Company's Qualifying Transaction are set forth in the Filing Statement, which has been accepted for filing by the Exchange and which is available under the Company's profile on SEDAR.
The Company is classified as a 'Mineral Exploration and Development' company.
Capitalization: Escrow: |
Unlimited 11,216,500 5,200,000 |
shares with no par value of which shares are issued and outstanding common shares are subject to a 36-month staged release escrow under the CPC Escrow Agreement |
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Transfer Agent: | Olympia Trust Company | |||||||||
Trading Symbol: CUSIP Number: |
CRN 133767 10 3 |
(new) (UNCHANGED) |
Reinstated for Trading:
Effective at the opening, Wednesday, August 15, 2012, trading in the shares of the Company will be reinstated.
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CANADIAN IMPERIAL VENTURE CORP. ("CQV")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: August 14, 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: |
30,000,000 10,500,000 on October 13, 2012 11,500,000 on October 29, 2012 8,000,000 on November 12, 2012 10,500,000 on October 13, 2013 11,500,000 on October 29, 2013 8,000,000 on November 12, 2013 $0.10 |
These warrants were issued pursuant to a private placement of 30,000,000 shares with 30,000,000 share purchase warrants attached, which was accepted for filing by the Exchange effective October 28, 2010.
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CANASIA FINANCIAL INC ("CNA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 14, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 13, 2012:
Number of Units: |
400,000 units Each Unit is comprised of one common share and one half of one common share purchase warrant. |
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Purchase Price: | $0.11 per unit | |||||
Warrants: | 200,000 share purchase warrants to purchase 200,000 shares | |||||
Warrant Exercise Price: | $0.20 until expiry two years from date of issuance. | |||||
Number of Placees: | 2 placees | |||||
Insider / Pro Group Participation: | None | |||||
Finder's Fee: | None |
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CASTLE PEAK MINING LTD. ("CAP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 14, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 4, 2012 and July 24, 2012:
Number of Shares: | 14,823,528 shares | ||||||||||||||
Purchase Price: | $0.17 per share | ||||||||||||||
Warrants: | 14,823,528 share purchase warrants to purchase 14,823,528 shares | ||||||||||||||
Warrant Exercise Price: | $0.25 for a two year period | ||||||||||||||
Number of Placees: | 5 placees | ||||||||||||||
Insider / Pro Group Participation: | |||||||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
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Grizal Enterprises Ltd. (Gennadiy Bogolyubov) Candel and Partners SAS (Allan Green) Darren Lindsay |
Y Y Y |
12,000,000 1,554,000 133,500 |
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Finder's Fee: | $35,000 cash payable to House of Alchemy Ltd. |
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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CT DEVELOPERS LTD. ("DEV.P")
BULLETIN TYPE: Regional Office Change, Remain Halted
BULLETIN DATE: August 14, 2012
TSX Venture Tier 2 Company
Pursuant to Policy 1.2, TSX Venture Exchange has been advised of, and accepted the change of the Filing and Regional Office from Toronto to Vancouver.
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EDLEUN GROUP, INC. ("EDU")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: August 14, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 29, 2012:
Convertible Debenture: | $5,000,000 | |||||
Conversion Price: | Convertible into 4,545,454 common shares at a price per common share of $1.10 | |||||
Maturity date: | May 15, 2017 | |||||
Interest rate: | 6.75% | |||||
Number of Placees: | 1 placee | |||||
No Insider / Pro Group Participation | ||||||
Finder's Fee: | Forvest Trust SA: $200,000 |
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GREEN SWAN CAPITAL CORP. ("GSW")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 14, 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: |
1) 1,687,000 Flow-Through shares 2) 590,000 Non-Flow-Through shares |
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Purchase Price: |
1) $0.12 per Flow-Through share 2) $0.10 per Non-Flow-Through share |
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Warrants: |
1) 843,500 share purchase warrants to purchase 843,500 shares 2) 295,000 share purchase warrants to purchase 295,000 shares |
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Warrant Exercise Price: |
1) $0.15 for an 18 month period 2) $0.15 for an 18 month period |
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Number of Placees: | 20 placees | ||||||||
Finder's Fee: | an aggregate of $15,151, plus 127,890 broker's warrants (each exercisable into one common share at a price of $0.15 for a period of eighteen months), payable to Fin-XO Securities Inc., Union Securities Ltd., Macquarie Private Wealth Inc. |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
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KAIYUE INTERNATIONAL INC. ("KYU.P")
BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction within 24 months of Listing
BULLETIN DATE: August 14, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated July 12, 2012, effective at the open, on Wednesday, August 15, 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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PACIFIC POTASH CORPORATION ("PP")
BULLETIN TYPE: Halt
BULLETIN DATE: August 14, 2012
TSX Venture Tier 2 Company
Effective at 10:33 a.m. PST, August 14, 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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PETROX RESOURCES CORP. ("PTC")
[formerly: Petrox Capital Corp.("PTC")]
BULLETIN TYPE: Name Change
BULLETIN DATE: August 14, 2012
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders on August 8, 2012, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening, Wednesday, August 15, 2012, the common shares of Petrox Resources Corp. will commence trading on TSX Venture Exchange, and the common shares of Petrox Capital Corp. will be delisted. The Company is classified as an 'Oil & Gas Company'.
Capitalization: Escrow: |
Unlimited 15,856,400 6,600,000 |
shares with no par value of which shares are issued and outstanding shares |
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Transfer Agent: | Olympia Trust Company | |||||||||
Trading Symbol: CUSIP Number: |
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PTC 716766100 716766209 |
(UNCHANGED) (Unrestricted) (new) (Restricted) (new) |
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RED PINE INVESTMENT LTD. ("RPN.P")
BULLETIN TYPE: Notice - QT Not Completed - Approaching 24 Months of Listing
BULLETIN DATE: August 14, 2012
TSX Venture Tier 2 Company
The shares of the Company were listed on TSX Venture Exchange on September 14, 2010. The Company, which is classified as a Capital Pool Company ('CPC'), is required to complete a Qualifying Transaction ('QT') within 24 months of its date of listing, in accordance with Exchange Policy 2.4.
The records of the Exchange indicate that the Company has not yet completed a QT. If the Company fails to complete a QT by its 24-month anniversary date of September 14, 2012, the Company's trading status may be changed to a halt or suspension without further notice, in accordance with Exchange Policy 2.4, Section 14.6.
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RX GOLD & SILVER INC. ("RXE")
BULLETIN TYPE: Delist, Plan of Arrangement
BULLETIN DATE: August 14, 2012
TSX Venture Tier 1 Company
Effective at the close of business, Tuesday, August 14, 2012, the common shares of RX Gold & Silver Inc. ("RX") will be delisted from TSX Venture Exchange. The delisting of RX's shares results from a Plan of Arrangement (the "Arrangement"), between RX and U.S. Silver Corporation ("U.S. Silver") - a TSX listed company (TSX: USA), whereby both companies have combined their businesses, creating U.S. Silver & Gold Inc. ("U.S. Silver & Gold"). U.S. Silver & Gold will be listed and posted for trading on the TSX effective at the opening on August 15, 2012 under the trading symbol "USA".
Pursuant to the Arrangement, RX shareholders will receive 0.109 common shares of U.S. Silver & Gold for each RX common share held.
For further details, please refer to the Company's Management Information Circular dated July 9, 2012.
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SLAM EXPLORATION INC. ("SXL")
BULLETIN TYPE: Consolidation
BULLETIN DATE: August 14, 2012
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders July 26, 2012, the Company has consolidated its capital on a 10 old for 1 new basis. The name of the Company has not been changed.
Effective at the opening, Friday, August 17, 2012, shares of Slam Exploration Ltd. 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 20,121,479 Nil |
shares with no par value of which shares are issued and outstanding |
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Transfer Agent: | CIBC Mellon Trust Company | |||||||||
Trading Symbol: CUSIP Number: |
SXL 831004205 |
(UNCHANGED) (new) |
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SPANISH MOUNTAIN GOLD LTD. ("SPA")
ACREX VENTURES LTD. ("AKV")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Property-Asset or Share Disposition Agreement
BULLETIN DATE: August 14, 2012
TSX Venture Tier 2 Companies
TSX Venture Exchange has accepted for filing documentation pertaining to a Mineral Claims Purchase Agreement dated July 25, 2012 between Spanish Mountain Gold Ltd. ('Spanish Mountain') and Acrex Ventures Ltd. ('Acrex'), pursuant to which Spanish Mountain will acquire an undivided 100% right, title and interest in and to 11 mineral claims covering a total of 1,526 hectares near Likely, British Columbia from Acrex. In consideration, Spanish Mountain will pay $500,000 and issue 1,500,000 shares and make an additional payment of $250,000 or 500,000 shares at the option of Spanish Mountain.
Acrex reserves a 4.0% net smelter return royalty which may be reduced to 2.0% for the payment of $2,000,000.
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STANDARD GRAPHITE CORPORATION ("SGH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 14, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 3, 2012 and August 10, 2012:
Number of Shares: | 5,250,000 shares | ||||||||
Purchase Price: | $0.15 per share | ||||||||
Warrants: | 5,250,000 share purchase warrants to purchase 5,250,000 shares | ||||||||
Warrant Exercise Price: | $0.25 for a two year period | ||||||||
Number of Placees: | 7 placees | ||||||||
Finder's Fee: | Global Market Development LLC receives $55,125 and 525,000 non-transferable options, each exercisable for one share at a price of $0.25 for a two year period. |
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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STRATABOUND MINERALS CORP. ("SB")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: August 14, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pursuant to the extension to the term of the option agreement (the "Agreement") between the Company and Commander Resources Ltd. ("Commander") on Commander's property located near Bathurst, New Brunswick. Commander has agreed to extend the option term to the later of September 30, 2012 or the completion of the drill program. In consideration for extending the option term, the Company will issue 10,000 shares at a deemed price of $0.07 per share.
Insider / Pro Group Participation: None
For further information please refer to the Company's press release dated July 19, 2012
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VICTORY MOUNTAIN VENTURES LTD. ("VMV")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: August 14, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 250,000 bonus shares at a deemed price of $0.20 per share to three arm's length lenders in consideration of loans totalling $250,000. The loans bear interest at a rate of 1% per month and are due on October 1, 2012, renewable to December 1, 2012. A finder's fee of $18,750 is payable to Haywood Securities Inc.
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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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