VANCOUVER, Sept. 18, 2012 /CNW/ -
TSX VENTURE COMPANIES:
ABEN RESOURCES LTD. ("ABN")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: September 18, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletin dated September 14, 2012 with respect to the second tranche of the Non-Brokered Private Placement announced August 21, 2012, the final tranche should have been for 2,597,142 units, not 2,497,142 units at a price of $0.10 per unit with the aggregate number of placees increasing from 12 placees to 13 placees. In addition, National Bank Financial Ltd. will receive a finder's fee of $490.00 and 7,000 non-transferable share purchase "B" Warrants that are exercisable into common shares at $0.10 per share for a three year period.
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AMARILLO GOLD CORPORATION ("AGC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 18, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 11, 2012:
| Number of Shares: | 5,467,134 shares |
| Purchase Price: | $0.75 per share |
| Number of Placees: | 17 placees |
Insider / Pro Group Participation:
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| William Richard Brown | Y | 100,000 |
| Robert K. Landis | Y | 10,000 |
| Buddy Doyle | Y | 93,333 |
| Lithosphere Services Inc. (Buddy Doyle) | Y | 66,666 |
| Michael Durose | Y | 10,000 |
| James Todd Bruce | Y | 10,000 |
| Finders' Fees: | $21,000 cash and 28,000 warrants exercisable at $0.75 for one year payable to D & D Securities Inc. |
| $163,575 cash and 218,100 warrants (same terms as above) payable to Pollitt & Co. Inc. |
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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AMERICAN VANADIUM CORP. ("AVC")
BULLETIN TYPE: Private Placement-Non-Brokered, Correction
BULLETIN DATE: September 18, 2012
TSX Venture Tier 1 Company
Further to the TSX Venture Exchange bulletin dated September 14, 2012 with respect to the private placement of 3,225,854 units at a price of $0.62 per unit, the finder's fee payable to Johan Lubbe Baker in the amount of $59,999.97 should have been for $55,999.97. The rest of the bulletin remains unchanged.
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CANAMEX RESOURCES CORP. ("CSQ")
BULLETIN TYPE: Warrant Price Amendment
BULLETIN DATE: September 18, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the reduction in the exercise price of the following warrants:
Private Placement:
| # of Warrants: | 10,866,000 |
| Expiry Date of Warrants: | August 10, 2014 |
| Original Exercise Price of Warrants: | $0.40 in the first year |
| $0.50 in the second year | |
| New Exercise Price of Warrants: | $0.30 |
These warrants were issued pursuant to a private placement of 10,866,000 shares with 10,866,000 share purchase warrants attached, which was accepted for filing by the Exchange effective August 9, 2012.
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CORTEX BUSINESS SOLUTIONS INC. ("CBX")
BULLETIN TYPE: Shares for Service
BULLETIN DATE: September 18, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 166,667 shares at a deemed price of $0.18, in consideration of certain services provided to the Company. Shareholders of the Company have approved for the Company to issue up to 2,000,000 shares to individuals responsible for signing a significant customer to the Cortex Trading Partner Network.
Insider / Pro Group Participation: None
For additional information, please see the Company's new release dated September 6, 2012.
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ETHIOPIAN POTASH CORP. ("FED")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: September 18, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,140,000 shares at a deemed value of $0.15 per share to settle outstanding debt for $321,000.
Number of Creditors: 1 Creditor
The Company shall issue a news release when the shares are issued and the debt extinguished.
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GOLDEN DORY RESOURCES CORP. ("GDR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 18, 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 August 15, 2012:
| Number of Shares: | 354,000 flow-through shares |
| Purchase Price: | $0.06 per flow-through share |
| Number of Placees: | 3 placees in the second tranche |
| Finder's Fee: | Dundee Capital Markets will receive 24,780 Finder's Warrants, exercisable into shares of the company for 24 months at an exercise price of $0.06. |
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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GOLD ROYALTIES CORPORATION ("GRO")
BULLETIN TYPE: Halt
BULLETIN DATE: September 18, 2012
TSX Venture Tier 2 Company
Effective at 8:44 a.m. PST, September 18, 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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GOLD ROYALTIES CORPORATION ("GRO")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 18, 2012
TSX Venture Tier 2 Company
Effective at 10:15 a.m., PST, September 18, 2012, shares of the Company resumed trading, an announcement having been made.
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GREENSCAPE CAPITAL GROUP INC. ("GRN")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: September 18, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 43,088,956 shares to settle outstanding debt for $2,154,447.84.
Number of Creditors: 23 Creditors
Insider / Pro Group Participation:
| Insider=Y / | Amount | Deemed Price | ||
| Creditor | Progroup=P | Owing | per Share | # of Shares |
| R. Stuart Angus | Y | $86,250.00 | $0.05 | 1,725,000 |
| Jason Scharfe | Y | $178,837.67 | $0.05 | 3,576,753 |
| Skanderberg Capital Partners (Bryan Slusarchuk) | Y | $293,140.93 | $0.05 | 5,862,818 |
| Skanderberg Capital Group (Bryan Slusarchuk) | Y | $14,000.00 | $0.05 | 280,000 |
| Scharfe Holdings Inc. (Bradley Scharfe) | Y | $704,732.00 | $0.05 | 14,094,640 |
| Bradley Scharfe | Y | $1,980.13 | $0.05 | 39,603 |
| R. M. Geisthardt | Y | $3,351.60 | $0.05 | 67,032 |
| Shoni Bernard | Y | $1,800.00 | $0.05 | 36,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
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HIGH NORTH RESOURCES LTD. ("HN.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 18, 2012
TSX Venture Tier 2 Company
Further to the Company's news release dated September 10, 2012, effective at the opening, Wednesday, September 19, 2012, trading in the shares of the Company will resume.
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LABRADOR TECHNOLOGIES INC. ("LTX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 18, 2012
TSX Venture Tier 2 Company
Effective at the Open, September 18, 2012, shares of the Company resumed trading, an announcement having been made.
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METANOR RESOURCES INC. ("MTO")
BULLETIN TYPE: Private Placement- Brokered, Convertible Debentures
BULLETIN DATE: September 18, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Brokered Private Placement by way of a Convertible Debentures.
| Convertible Debentures: | $10,000,000 |
| Conversion Price: | Convertible into common shares at a conversion price of $0.28 per share. |
| Maturity date: | Three years following the closing date |
| Interest Rate: | 10% |
| Number of Placees: | 17 placees |
Insider / Pro Group Participation:
| Name | Insider=Y / |
Number of shares |
| Darren Wallace | P | 178,571 |
| Jeff Kennedy | P | 142,857 |
| Agents: | Syndicate co-led by Tempest Funds General Partnership and Cormark Securities Inc. | |
| Intermediary's Fee: | $600,000 in cash | |
The Company has confirmed the closing of the private placement pursuant to a news release dated August 22, 2012.
RESSOURCES METANOR INC. (« MTO »)
TYPE DE BULLETIN : Placement privé par l'entremise d'un courtier, Débenture(s) convertible(s)
DATE DU BULLETIN : Le 18 septembre 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 par l'entremise d'un courtier par voie de débentures convertibles :
| Débentures convertibles : | 10 000 000 $ |
| Prix de conversion : | Convertible en actions ordinaires au prix de 0,28 $ l'action. |
| Date d'échéance : | Trois ans suivant la date de clôture |
| Taux d'intérêt : | 10 % |
| Nombre de souscripteurs : | 17 souscripteurs |
Participation des initiés / Groupe Pro :
| Nom | Initié = Y / |
Nombre d'actions |
| Darren Wallace | P | 178 571 |
| Jeff Kennedy | P | 142 857 |
| Intermédiaire : | Un syndicat mutuellement géré par Tempest Funds General Partnership et Cormark Securities Inc. | |
| Rémunération de l'intermédiaire : | 600 000 $ en espèces | |
La société a confirmé la clôture du placement privé dans un communiqué de presse daté du 22 août 2012.
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NORTHERN GOLD MINING INC. ("NGM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 18, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Mining Claim Acquisition Agreement (the "Agreement"), dated September 6, 2012, between Northern Gold Mining Inc. (the "Company"), and Tiger Gold Exploration Corporation (the "Vendor"), whereby the Company can acquire a 100% interest in certain mineral claims (the "Buffonta Property"), located in Garrison, Thackeray and Harker Townships, Ontario.
Under the terms of the Agreement, the Company will earn a 100% interest in the Property by making a $1,500,000 cash payment and issuing 3,000,000 common shares to the Vendor on the first anniversary date of the Agreement.
For further details, please refer to the Company's news release dated September 6, 2012.
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NOVUS ENERGY INC. ("NVS")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: September 18, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has been advised by the Company that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated September 14, 2012, it may repurchase for cancellation, up to 5,000,000 shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange during the period September 20, 2012 to September 19, 2013. Purchases pursuant to the bid will be made by National Bank Financial on behalf of the Company.
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PACIFICORE MINING CORP. ("PC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 18, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 12, 2012:
| Number of Shares: | 2,380,000 shares |
| Purchase Price: | $0.08 per share |
| Warrants: | 2,380,000 share purchase warrants to purchase 2,380,000 shares |
| Warrant Exercise Price: | $0.15 for a five year period, subject to an accelerated expiry |
| Number of Placees: | 8 placees |
Insider / Pro Group Participation:
| Insider=Y / | ||
| Name | ProGroup=P / | # of Shares |
| C.D.C.G. Inc. (C. Derosier, D. Champagne) | Y | 130,000 |
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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PETROSTAR PETROLEUM CORP ("PEP")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 18, 2012
TSX Venture Tier 2 Company
Pursuant to special resolutions passed by the shareholders of Petrostar Petroleum Corp (the "Company") on September 6, 2012 TSX Venture Exchange has accepted for filing the following agreements:
- the Share Purchase and Asset Exchange Agreement ("Agreement") between the Company and Loree Holdings Ltd, Elmdale Resources Ltd and Eagle Hydrocarbon Ltd. (collectively the "Texalta Shareholders") dated June 11, 2012;
- the revised Option Agreement between the Company and G.R. Mac Oil Ltd. dated June 11, 2012; and
- Overriding Royalty Agreement between Texalta Industries Ltd, Loree Holdings Ltd, Elmdale Resources Ltd and Eagle Hydrocarbon Ltd. dated June 11, 2012.
Under the terms of the Agreements: the Company will issue 10,000,000 shares and transfer a 100% interest in Bakken Oil Resources Inc (the Company's wholly owned subsidiary) to the Texalta Shareholder's in exchange for all the issued and outstanding shares of Texalta Industries Ltd
which holds various mineral lands and assets in Alberta
Further information on the agreement can be found in the Company's Information Circular dated August 2, 2012 and news releases dated May 14, 2012, May 28, 2012, July 9, 2012 and September 10, 2012
Insider / Pro Group Participation:
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Loree Holdings Ltd | Y | 341,627 |
| Elmdale Resources Ltd | 7,430,390 | |
| Eagle Hydrocarbon Ltd | 2,227,983 |
| CASH | SHARES | WORK EXPENDITURES | |
| $0 | 10,000,000 | $0 |
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REGENT PACIFIC PROPERTIES INC. ("RPP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 18, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 16, 2012:
| Number of Shares: | 5,000,000 common shares |
| Purchase Price: | $0.05 per share |
| Number of Placees: | 1 placee |
Insider / Pro Group Participation:
| Insider=Y / | ||
| Name | ProGroup=P / | # of Shares |
| Cassel Properties Ltd. (Eddie Yu) | Y | 5,000,000 |
No Finder's Fee
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RIVERSTONE RESOURCES INC. ("RVS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 18, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Sale Agreement between the Company and Orex Resources S.A.R.L. (Amadou Maiga) whereby the Company has acquired the 14% non-participating interest in any future exploitation permit issued and mining company formed in respect to the area covered by the Liguidi Permit that is located in Burkin Faso, West Africa. Consideration for the remaining interest in this Permit is and aggregate of $1,000,000 and 300,000 common shares payable as follows:
- $400,000 and 100,000 common shares upon conclusion of the agreement;
- $100,000 and 100,000 common shares within 45 business days of the receipt of an exploration permit for a period of three years beyond the current December 31, 2012 expiry date; and
- $500,000 and 100,000 common shares within 60 business days of the Date of First Commercial Production.
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SMART EMPLOYEE BENEFITS INC. ("SEB")
BULLETIN TYPE: Halt
BULLETIN DATE: September 18, 2012
TSX Venture Tier 2 Company
Effective at 6:28 a.m. PST, September 18, 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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SMART EMPLOYEE BENEFITS INC. ("SEB")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 18, 2012
TSX Venture Tier 2 Company
Effective at 8:00 a.m., PST, September 18, 2012, shares of the Company resumed trading, an announcement having been made.
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TRIOIL RESOURCES LTD. ("TOL")
BULLETIN TYPE: Halt
BULLETIN DATE: September 18, 2012
TSX Venture Tier 2 Company
Effective at 6:28 a.m. PST, September 18, 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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TRIOIL RESOURCES LTD. ("TOL")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 18, 2012
TSX Venture Tier 2 Company
Effective at 8:30 a.m., PST, September 18, 2012, shares of the Company resumed trading, an announcement having been made.
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TRIOIL RESOURCES LTD. ("TOL")
BULLETIN TYPE: Halt
BULLETIN DATE: September 18, 2012
TSX Venture Tier 2 Company
Effective at 8:28 a.m. PST, September 18, 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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TRIOIL RESOURCES INC. ("TOL")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 18, 2012
TSX Venture Tier 2 Company
Effective at 9:15 a.m., PST, September 18, 2012, shares of the Company resumed trading, an announcement having been made.
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VIKING GOLD EXPLORATION INC. ("VGC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 18, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to an option agreement (the "Agreement") dated August 29, 2012 between Globex Mining Enterprises Inc. - a TSX listed company (the "Optionor") - and Viking Gold Exploration Inc. (the "Company"). Pursuant to the Agreement, the Company shall have the option to acquire up to a 50% interest in 7 mining claims referred to as the Guyenne Property (the "Property"), located in Guyenne Township, Quebec.
Pursuant to the terms of the Agreement, the Company can earn a 50% interest in the Property by making aggregate cash payments of $105,000 issuing 550,000 common shares and incurring $1,500,000 in exploration expenditures over a three-year period.
Pursuant to a Finder's Fee Agreement, the Company will issue 100,000 shares to Paul Martin on the closing of the Agreement.
For more information, refer to the Company's news release dated September 4, 2012.
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NEX COMPANY:
DELTA URANIUM INC. ("DUR.H")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: September 18, 2012
NEX Company
TSX Venture Exchange has accepted for filing documentation relating to the Company's agreement with Augustine Ventures Inc. (CNSX: WAW) ("Augustine") for Augustine to purchase furniture, fixtures, electronic, mining exploration and computer equipment from Delta for the aggregate purchase price of $95,500 plus applicable sales taxes. The purchase price will be settled by way of an applicable reduction in the loan amount due and payable by Delta to Augustine pursuant to a secured promissory note and will be included in its interim results for the six month period ended August 31, 2012. For complete details of the secured promissory note, please refer to the Company's press release of July 3, 3012.
In addition, the Company has also entered into a Tenancy Agreement dated August 1, 2012 with Augustine where Augustine will assume full tenancy of the current office space at 56 Temperance Street in Toronto, which Augustine has occupied since November 2010. Pursuant to the arrangement, which is effective August 1, 2012, Augustine would be solely responsible for and would assume all of the Company's costs and obligations pursuant to the Company's lease.
The Company is a related party to Augustine by virtue of a common director, officers, and its shareholdings in Augustine. Therefore this is considered a related party transaction.
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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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