VANCOUVER, Sept. 20, 2012 /CNW/ - 12/09/20 -
TSX VENTURE COMPANIES:
CORAL GOLD RESOURCES LTD. ("CLH")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: September 20, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
Private Placement:
| # of Warrants: | 6,464,120 | |
| Original Expiry Date of Warrants: | April 1, 2012 (for 4,709,120 warrants, extended to October 1, 2012 on March 28, 2012) | |
| April 23, 2012 (for 1,755,000 warrants, extended to October 23, 2012 on March 28, 2012) | ||
| New Expiry Date of Warrants: | October 1, 2013 and October 23, 2013 | |
| Exercise Price of Warrants: | $0.75 |
These warrants were issued pursuant to a private placement of 7,000,120 shares with 7,000,120 share purchase warrants attached, which was accepted for filing by the Exchange effective on April 16, 2010 and May 17, 2010.
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GOLDSTREAM MINERALS INC. ("GSX")
[formerly Brea Resources Corp. ("BCS")]
BULLETIN TYPE: Reverse Take-over Transaction - Completed, Private Placement Brokered, Consolidation, Symbol Change, Name Change, Resume Trading
BULLETIN DATE: September 20, 2012
TSX Venture Tier 2 Company
Reverse Takeover Transaction:
TSX Venture Exchange has accepted for filing Brea Resources Corp.'s ("the Company") Reverse Take-over Transaction (the "Transaction") described in its Filing Statement dated August 20, 2012. As a result, at the opening on Friday, September 21, 2012, shares in the Company will resume trading.
The transaction consisted of the arm's length acquisition of the issued and outstanding shares Goldstream Minerals Inc. for consideration of 32,218,927 post consolidated Common Shares of the Company for a deemed acquisition price of approximately $11.3 million (not including the Common Shares issuable pursuant to the Private Placement, which are described below).
Pursuant to the transaction, 17,601,858 Common Shares and 1,275,000 Options are escrowed pursuant an Exchange Tier 2 Value Escrow Agreement.
For further information, please refer to the Company's Filing Statement dated August 20, 2012 available on SEDAR.
Private Placement Brokered:
TSX Venture Exchange has accepted for filing the documentation with respect to a private placement announced concurrently with the transaction:
| Brokered: | 2,110,286 Subscription Receipts and |
| 482,500 Flow-Through Subscription Receipts | |
| Purchase Price: | $0.35 per Subscription Receipt |
| $0.40 per Flow-Through Subscription Receipt | |
| Number of Placees: | 12 Subscription Receipt placees and |
| 6 Flow-Through Subscription Receipt placees | |
| Agents' Compensation: | Bayfront Capital Partners and Delano Capital Corp. acted as co-agents. Total compensation was $65,212.00 paid in shares of the Company as well as 181,494 agent options. Each agent option entitles the holder to purchase one Common Share of the Company at a price of $0.35 per share for a period of 24 months from the date of issue. |
Insider / Pro Group Participation:
| Name | Insider=Y / ProGroup=P | # of Shares |
| Peter Tagliamonte | Y | 30,000 |
The Company has confirmed the closing of the Private Placement pursuant to a news release.
Symbol Change:
Effective at the opening, Friday, September 21, 2012, the trading symbol for the Company will change from BCS to GSX.
Consolidation, Name Change and Resume Trading:
Pursuant to a resolution passed by the shareholders of the Company on May 1, 2012, the Company has consolidated its capital on a 2.5 old for 1 new basis and the name of the Company has also been changed to Goldstream Minerals Inc.
Effective at the opening, Friday, September 21, 2012, the Common Shares of Goldstream Minerals Inc. will commence trading on TSX Venture Exchange, and the common shares of Brea Resources Corp. will be delisted. The Company is classified as a "Gold and Silver Ore Mining" company.
| Post - Consolidation | ||||
| Capitalization: | unlimited | Common Shares with no par value of which | ||
| 45,582,481 | Common Shares are issued and outstanding | |||
| Escrow: | 17,601,858 | Common Shares | ||
| Transfer Agent: | Computershare Trust Company of Canada | |||
| Trading Symbol: | GSX | (new) | ||
| CUSIP Number: | 38154U107 | (new) | ||
| Company Contact: | Richard Kilpatrick | |||
| Company Address: | 65 Queen Street West, Suite 805 | |||
| Toronto, Ontario, M5H 2M5 | ||||
| Company Phone Number: | (416) 309-4299 | |||
| Company Email Address: | [email protected] | |||
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LONCOR RESOURCES INC. ("LN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 20, 2012
TSX Venture Tier 2 Company
Effective at 6:30 a.m., PST, September 20, 2012, shares of the Company resumed trading, an announcement having been made.
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NETWORK MEDIA GROUP INC. ("NTE")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: September 20, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced September 11, 2012:
| Convertible Debenture | $150,000 |
| Conversion Price: | Convertible into units consisting of one common share at $0.15 of principal outstanding. |
| Maturity date: | Two years |
| Interest rate: | 8% |
| Number of Placees: | 8 placees |
| Finder's Fee: | $10,500 cash payable to PI Financial 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.
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ORKO SILVER CORP. ("OK")
BULLETIN TYPE: Halt
BULLETIN DATE: September 20, 2012
TSX Venture Tier 1 Company
Effective at 4:56 a.m. PST, September 20, 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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ORKO SILVER CORP. ("OK")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 20, 2012
TSX Venture Tier 1 Company
Effective at 11:30 a.m., PST, September 20, 2012, shares of the Company resumed trading, an announcement having been made.
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PAGET MINERALS CORP. ("PGS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 20, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 13, 2012:
| Number of Shares: | 1,111,111 flow-through shares |
| Purchase Price: | $0.18 per share |
| Number of Placees: | 2 placees |
Insider / Pro Group Participation:
| Insider=Y / | ||
| Name | ProGroup=P / | # of Shares |
| G. Arnold Armstrong | Y | 555,555 |
| Kelvin Grove Estates Ltd. (G. Arnold Armstrong) | Y | 555,556 |
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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PETROMANAS ENERGY INC. ("PMI")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: September 20, 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 Vancouver to Calgary.
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POYNT CORPORATION ("PYN")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: September 20, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,200,000 shares to settle outstanding debt for $60,000.
Number of Creditors: 1 Creditor
No Insider / Pro Group Participation
The Company shall issue a news release when the shares are issued and the debt extinguished.
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PRICELESS PIRANHA CAPITAL CORP. ("PPH.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: September 20, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated September 5, 2012, effective at 8:51 a.m., September 20, 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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SAMEX MINING CORP. ("SXG")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: September 20, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
Private Placement:
| # of Warrants: | 17,583,720 |
| Original Expiry Date of Warrants: | November 1, 2012 |
| New Expiry Date of Warrants: | November 2, 2014 |
| Exercise Price of Warrants: | $0.70 |
These warrants were issued pursuant to a private placement of 17,583,720 shares with 17,583,720 share purchase warrants attached, which was accepted for filing by the Exchange effective October 27, 2010.
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SELECTCORE LTD. ("SCG")
BULLETIN TYPE: Halt
BULLETIN DATE: September 20, 2012
TSX Venture Tier 2 Company
Effective at 5:56 a.m. PST, September 20, 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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SHIELD GOLD INC. ("SHG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 20, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an Option Agreement (the "Agreement"), dated September 12, 2012, between Shield Gold Inc. (the "Company"), and two (2) arm's-length parties (collectively, the "Vendors"), whereby the Company can acquire a 100% interest in a further 16 mineral claims located in Buckingham Township (the "Buckingham Property"), southwestern Québec.
Under the terms of the Agreement, the Company can earn a 100% interest in the additional claims by making aggregate cash payments of $27,000, issuing 500,000 common shares and incurring $72,000 in exploration expenditures over a three (3) year period.
For further details, please refer to the Company's news release dated September 13, 2012.
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SPARA ACQUISITION ONE CORP. ("SAO.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 20, 2012
TSX Venture Tier 2 Company
Further to the Company's press release dated September 19, 2012, effective at the opening, Friday, September 21, 2012, the common shares of the Company will resume trading. The Company's proposed transaction with STE (Clean Recycling and Energy) plc has been terminated.
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STAR NAVIGATION SYSTEMS GROUP LTD. ("SNA")
BULLETIN TYPE: Private Placement- Non-Brokered
BULLETIN DATE: September 20, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 17, 2012:
| Number of Shares: | 26,100,000 shares |
| Purchase Price: | $0.08 per share |
| Warrants: | 26,100,000 share purchase warrants to purchase 26,100,000 shares |
| Warrant Exercise Price: | $0.20 for a five year period |
| Number of Placees: | 73 placees |
| Finder's Fee: | 2,373,125 shares with 2,373,125 warrants attached (each exercisable into one common share at a price of $0.20 for a period of five years) is payable to Nomura Gryphon IV Partners 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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STRIKE MINERALS INC. ("STK")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: September 20, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 3,000,000 common shares at a deemed value of $0.07 per share to settle outstanding debt for $210,000.
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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Z-GOLD EXPLORATION INC. ("ZGG")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: September 20, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted to extend the expiry date of the following warrants:
| Number of Warrants: | 1,490,000 |
| Original Expiry Date of Warrants: | October 13, 2012 |
| New Expiry Date of Warrants: | October 13, 2015 |
| Exercise Price of Warrants: | $0.26 |
These warrants were issued under a private placement including a total of 1,490,000 common shares and 1,490,000 warrants, which was accepted for filing by TSX Venture Exchange, effective on October 18, 2010.
EXPLORATION Z-GOLD INC. (« ZGG »)
TYPE DE BULLETIN : Prolongation des bons de souscription
DATE DU BULLETIN : Le 20 septembre 2012
Société du groupe 2 de TSX Croissance
La Bourse de croissance TSX a accepté de prolonger la date d'échéance des bons de souscription suivants :
| Nombre de bons : | 1 490 000 |
| Date initiale d'échéance | |
| des bons de souscription : | Le 13 octobre 2012 |
| Nouvelle date d'échéance | |
| des bons de souscription : | Le 13 octobre 2015 |
| Prix d'exercice des bons de souscription : | 0,26 $ |
Ces bons ont été émis en vertu d'un placement privé comprenant 1 490 000 actions ordinaires et 1 490 000 bons de souscription, tel qu'accepté par la Bourse de croissance TSX le 18 octobre 2010.
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Z-GOLD EXPLORATION INC. ("ZGG")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: September 20, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted to extend the expiry date of the following warrants:
| Number of Warrants: | 1,000,000 | |
| Original Expiry Date of Warrants: | October 7, 2012 | |
| New Expiry Date of Warrants: | October 7, 2015 | |
| Exercise Price of Warrants: | $0.26 |
These warrants were issued under a private placement including a total of 2,000,000 common shares and 1,000,000 warrants, which was accepted for filing by TSX Venture Exchange, effective on October 14, 2010.
EXPLORATION Z-GOLD INC. (« ZGG »)
TYPE DE BULLETIN : Prolongation des bons de souscription
DATE DU BULLETIN : Le 20 septembre 2012
Société du groupe 2 de TSX Croissance
La Bourse de croissance TSX a accepté de prolonger la date d'échéance des bons de souscription suivants :
| Nombre de bons : | 1 000 000 |
| Date initiale d'échéance | |
| des bons de souscription : | Le 7 octobre 2012 |
| Nouvelle date d'échéance | |
| des bons de souscription : | Le 7 octobre 2015 |
| Prix d'exercice des bons de souscription : | 0,26 $ |
Ces bons ont été émis en vertu d'un placement privé comprenant 2 000 000 d'actions ordinaires et 1 000 000 de bons de souscription, tel qu'accepté par la Bourse de croissance TSX le 14 octobre 2010.
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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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