VANCOUVER, Oct. 17, 2012 /CNW/ -
TSX VENTURE COMPANIES:
ANDOR MINING INC. ("AMI.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: October 17, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated October 10, 2012, effective at 11:30 a.m., October 17, 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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GALORE RESOURCES INC. ("GRI")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: October 17, 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: |
1,164,136 October 27, 2011 (subsequently extended to October 27, 2012) April 26, 2013 $0.33 (unchanged) |
These warrants were issued pursuant to a private placement of 1,164,136 flow-through shares with 1,164,136 share purchase warrants attached, which was accepted for filing by the Exchange effective October 28, 2009.
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HUNTER BAY MINERALS plc ("HBY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 17, 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 August 21, 2012:
| Number of Shares: | 1,250,000 shares | ||||||||
| Purchase Price: | $0.20 per share | ||||||||
| Warrants: | 1,250,000 share purchase warrants to purchase 1,250,000 shares | ||||||||
| Warrant Exercise Price: | $0.20 for a six month period | ||||||||
| Number of Placees: | 2 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. [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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GOLD CANYON RESOURCES INC. ("GCU")
BULLETIN TYPE: Halt
BULLETIN DATE: October 17, 2012
TSX Venture Tier 2 Company
Effective at 5:55 a.m. PST, October 17, 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 CANYON RESOURCES INC. ("GCU")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: October 17, 2012
TSX Venture Tier 2 Company
Effective at 7:30 a.m., PST, October 17, 2012, shares of the Company resumed trading, an announcement having been made.
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HIGH NORTH RESOURCES LTD. ("HN.P")
BULLETIN TYPE: Halt
BULLETIN DATE: October 17, 2012
TSX Venture Tier 2 Company
Effective at 4:54 a.m. PST, October 17, 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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KINGSLAND ENERGY CORP. ("KLE")
BULLETIN TYPE: Halt
BULLETIN DATE: October 17, 2012
TSX Venture Tier 2 Company
Effective at 9:14 a.m. PST, October 17, 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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KINGSLAND ENERGY CORP. ("KLE")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: October 17, 2012
TSX Venture Tier 2 Company
Effective at 10:10 a.m., PST, October 17, 2012, shares of the Company resumed trading, an announcement having been made.
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NORTHISLE COPPER AND GOLD INC. ("NCX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 17, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 24, 2012:
| Number of Shares: | 1,179,500 flow through shares | ||||||||||||||||||||||||||
| Purchase Price: | $0.17 per share | ||||||||||||||||||||||||||
| Number of Placees: | 2 placees | ||||||||||||||||||||||||||
| Insider / Pro Group Participation: | |||||||||||||||||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||||||||||||||||||||||
| Dale Corman | Y | 1,029,500 |
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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OROCO RESOURCE CORP. ("OCO")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: October 17, 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: |
2,125,000 October 26, 2012 April 26, 2013 $0.42 |
These warrants were issued pursuant to a private placement of 4,250,000 shares with 2,125,000 share purchase warrants attached, which was accepted for filing by the Exchange effective July 26, 2011.
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SARAMA RESOURCES LTD. ("SWA") ("SWA.WT")
BULLETIN TYPE: Prospectus-Unit Offering
BULLETIN DATE: October 17, 2012
TSX Venture Tier 2 Company
Effective October 10, 2012, the Company's Prospectus dated October 10, 2012 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the B.C. and Ontario Securities Commissions, pursuant to the provisions of the B.C. and Ontario Securities Acts.
The prospectus has been filed under Multilateral Instrument 11-102 Passport System in Alberta, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador. A receipt for the prospectus is deemed to be issued by the regulator in each of those jurisdictions, if the conditions of the Instrument have been satisfied.
TSX Venture Exchange has been advised that closing occurred on October 16, 2012, for gross proceeds of $12,000,000.60.
| Agents: | GMP Securities L.P., Cormark Securities Inc., BMO Nesbitt Burns Inc., and Raymond James Ltd. | |||||
| Offering: | 13,333,334 units. Each unit consisting of one share and one-half of one common share purchase warrant. | |||||
| Unit Price: | $0.90 per unit | |||||
| Warrant Exercise Price/Term: | $1.20 per share to October 16, 2014. | |||||
| Greenshoe Option: | The Agents may over-allot the units in connection with this offering and the Company has granted to the Agents, an option to purchase additional units, up to 15% of the offering, at $0.90 gross, up to the close of business November 15, 2012. |
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SILK ROAD ENERGY INC. ("SLK.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: October 17, 2012
TSX Venture Tier 2 Company
Effective at opening on Thursday, October 18, 2012, the common shares of the Company will resume trading, an announcement having been made on October 16, 2012 as to the termination of a prospective Qualifying Transaction with Verity Energy Ltd.
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SOUTHERN SILVER EXPLORATION CORP. ("SSV")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: October 17, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 96,000 bonus shares at a deemed price of $0.05 per share to two non-arm's length parties in consideration of $48,000 in loans advanced to the Company. 66,000 bonus shares will be issued to Atherton Enterprises Ltd., which is an entity controlled by Scott Hean. The remaining 33,000 shares will be issued to Sveinson Mineral Services Inc., an entity that is partly owned by Frederick Sveinson, a consultant of the Company.
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THE FUTURA LOYALTY GROUP INC. ("FUT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: October 17, 2012
TSX Venture Tier 2 Company
Effective at 12:00 p.m., PST, October 17, 2012, shares of the Company resumed trading, an announcement having been made.
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TOSCANA ENERGY INCOME CORPORATION ("TEI")
[formerly Senmar Capital Corp. ("SMR.P")]
BULLETIN TYPE: CPC-Information Circular, Qualifying Transaction-Completed/New Symbol, Company Tier Reclassification, Name Change
BULLETIN DATE: October 17, 2012
TSX Venture Tier 2 Company
CPC-Information Circular
TSX Venture Exchange has accepted for filing the Company's CPC Information Circular dated August 31, 2012, for the purpose of mailing to shareholders and filing on SEDAR.
Qualifying Transaction-Completed/New Symbol
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Information Circular dated August 31, 2012. As a result, at the opening on Thursday, October 18, 2012, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following:
The Qualifying Transaction involves the arm's length amalgamation between the Company and a wholly-owned subsidiary of Toscana Resource Corporation pursuant to an Amalgamation Agreement dated April 19, 2012. The transaction resulted in an aggregate of 2,145,467 shares in the Resulting Issuer at a deemed price of $25.20 per share. The Resulting Issuer also has 653,228 convertible preferred shares, convertible into common shares of the Resulting Issuer on a 1 for 1 basis, subject to certain conditions being met.
A total of 267,650 common shares are subject to a Tier 1 Surplus Security Escrow Agreement dated October 11, 2012 to be released over an 18-month period upon completion of the Qualifying Transaction.
The Exchange has been advised that the above transactions, approved by shareholders of each of the amalgamating companies on October 10, 2012, have been completed.
| Insider / Pro Group Participation: | ||||||||||||||||||||||||||||||||
| Name |
Insider=Y / ProGroup=P |
# of Shares |
||||||||||||||||||||||||||||||
| Donald D. Copeland John Festival Martin Hislop Joseph Durante Glen Tanaka |
Y Y Y Y Y |
62,500 50,300 45,000 69,150 40,700 |
Company Tier Reclassification
In accordance with Policy 2.5, the Company resulting from completion of the transactions has met the requirements for a Tier 1 company. Therefore, effective at the opening on Thursday, October 18, 2012, the Company's Tier classification will change from Tier 2 to:
Classification
Tier 1
Name Change
Pursuant to an amalgamation resolution passed by shareholders on October 10, 2012, the Company following completion of the transactions, will be known as Toscana Energy Income Corporation. There is no consolidation of capital.
Effective at the opening on Thursday, October 18, 2012 the common shares of Toscana Energy Income Corporation will commence trading on TSX Venture Exchange, and the common shares of Senmar Capital Corp. will be delisted. The Company is classified as an '"Oil & Gas"' company.
| Capitalization: Escrow: |
Unlimited 2,145,467 267,650 |
shares with no par value of which common shares are issued and outstanding common shares |
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| Transfer Agent: | Valiant Trust Company | |||||||||
| Symbol: CUSIP Number: |
TEI 89148Y 10 1 |
(new) (new) |
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| Company Contact: Company Address: Company Phone Number: Company Fax Number: Company Email Address: |
Joseph Durante, Chief Executive Officer Suite 2550, 700 2nd Street SW Calgary, Alberta T2P 2W2 (403) 410-6793 (403) 410-0090 [email protected] |
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NEX COMPANIES:
ATLANTIC INDUSTRIAL MINERALS INC. ("ANL.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 17, 2012
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to the second and final tranche of a Non-Brokered Private Placement announced August 8, 2012 and amended September 27, 2012:
| Number of Shares: |
333,333 common shares in the second tranche 600,000 flow-through shares in the second tranche |
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| Purchase Price: |
$0.075 per common share $0.10 per flow-through share |
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| Number of Placees: | 7 placees in the second tranche | ||||||||
| Finder's Fee: | Lauchie MacLean will receive $4,500 cash |
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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MERCARI ACQUISITION CORP. ("MV.H")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: October 17, 2012
NEX Company
Further to TSX Venture Exchange Bulletins dated April 27, 2011, May 8, 2012 and August 10, 2012, the Company has terminated its proposed Qualifying Transaction. Please refer to the Company's press release of October 1, 2012 for further details.
Effective at the opening on Thursday, October 18, 2012, trading will be reinstated in the securities of the Company.
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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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