VANCOUVER, Oct. 26, 2012 /CNW/ -
TSX VENTURE COMPANIES:
ANGEL GOLD CORP. ("ANG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 26, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation in connection with a Transfer Option Agreement dated May 23, 2012 between the Company and Inversiones Midas Ltd. whereby the Company has acquired the El Cafetal Gold Mine that is located in Valparaiso District, Columbia. Consideration is $1,600,000 payable over a four year period and 750,000 common shares.
James Reeves will receive a finder's fee of not more than $26,796 in conjunction with the consideration paid in the first year of the transfer agreement. The balance of the fee payable over the four year period will not exceed $88,704 in cash.
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ARCHEAN STAR RESOURCES INC. ("ASP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 26, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the second and final tranche of a Non-Brokered Private Placement announced June 19, 2012:
| Number of Shares: | 2,216,000 shares | ||||||||||||||
| Purchase Price: | $0.06 per share | ||||||||||||||
| Warrants: | 2,216,000 share purchase warrants to purchase 2,216,000 shares | ||||||||||||||
| Warrant Exercise Price: | $0.12 for a one year period | ||||||||||||||
| Number of Placees: | 5 placees | ||||||||||||||
| Insider / Pro Group Participation: | |||||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||||||||||
| Graeme O'Neill | Y | 850,000 |
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. 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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BACANORA MINERALS LTD. ("BCN")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: October 26, 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: |
7,056,880 November 18, 2012 November 18, 2013 $0.80 |
These warrants were issued pursuant to a private placement of 14,133,760 shares with 7,056,880 share purchase warrants attached, which was accepted for filing by the Exchange effective June 2, 2011.
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BENTON RESOURCES INC. ("BEX")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: October 26, 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 October 22, 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 October 22, 2012 to October 22, 2013. Purchases pursuant to the bid will be made by BMO Nesbitt Burns on behalf of the Company.
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BULLION GOLD RESOURCES CORP. ("BGD")
[formerly TIEX Inc. ("TIX")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: October 26, 2012
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders on October 22, 2012, the Company has consolidated its capital on a three (3) old for one (1) new basis. The name of the Company has also been changed as follows.
Effective at the opening, Monday, October 29, 2012, the common shares of Bullion Gold Resources Corp. will commence trading on TSX Venture Exchange, and the common shares of TIEX Inc. will be delisted. The Company is classified as a 'Mineral Exploration / Development' company.
| Post - Consolidation Capitalization: Escrow: |
Unlimited 15,443,160 Nil |
shares with no par value of which shares are issued and outstanding shares are subject to escrow |
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| Transfer Agent: | Olympia Trust Company | |||||||||
| Trading Symbol: CUSIP Number: |
BGD 120227 10 3 |
(new) (new) |
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CANADIAN SILVER HUNTER INC. ("AGH")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 26, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a share purchase agreement (the "Agreement") dated October 22 2012, between Teck Resources Limited (the "Vendor") and Canadian Silver Hunter Inc. (the "Company"). Pursuant to the Agreement, the Company shall acquire certain claims adjacent to its Keeley Frontier project by purchasing a one-third interest in Veinlode Silver Mines Limited located near Cobalt, Ontario.
In consideration the Company will pay $15,000, plus issue 13,333 shares to the Vendor.
For more information, refer to the Company's news release dated October 24, 2012.
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GUNPOINT EXPLORATION LTD. ("GUN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 26, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 4, 2012:
| Number of Shares: | 3,900,000 shares | ||||||||||||||
| Purchase Price: | $0.50 per share | ||||||||||||||
| Warrants: | 1,950,000 share purchase warrants to purchase 1,950,000 shares | ||||||||||||||
| Warrant Exercise Price: | $0.75 for a one year period | ||||||||||||||
| Number of Placees: | 27 placees | ||||||||||||||
| Insider / Pro Group Participation: | |||||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||||||||||
| E. Max Baker Daniel Kunz Brant Investments Ltd. (Randy Reifel) |
Y Y Y |
40,000 20,000 240,000 |
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| Finders' Fees: | |
Raymond James $20,400 cash payable. Canaccord Genuity Corp. 24,000 shares payable. Finter Bank Zurich $15,000 cash payable. Rahn and Bodmer Co. $15,000 cash payable. Lytle & Associates $3,000 cash payable. |
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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INCA ONE RESOURCES CORP. ("IO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 26, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 21, 2012:
| Number of Shares: | 11,181,800 shares | |||||||||||
| Purchase Price: | $0.10 per share | |||||||||||
| Warrants: | 5,590,900 share purchase warrants to purchase 5,590,900 shares | |||||||||||
| Warrant Exercise Price: | $0.20 for a one year period, subject to an acceleration clause | |||||||||||
| Number of Placees: | 66 placees | |||||||||||
| Insider / Pro Group Participation: | ||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||||
| Edward Kelly Catalina Eliana Van Phu Bui Gunther Roehlig Robert McMorran David Goguen Christian Strigl Bradley Birarda Court Moore Anthony Ouram |
Y Y Y Y Y P P P P P |
501,000 100,000 100,000 300,000 200,000 200,000 75,000 250,000 100,000 650,000 |
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| Finders' Fees: |
Rapid Time Networks Inc. $7,644.32 cash and 76,443 warrants payable. Canaccord Genuity Corp. $12,800 cash and 128,000 warrants payable. PI Financial Corp. $28,400 cash and 284,000 warrants payable. Macquarie Private Wealth $3,000 cash and 30,000 warrants payable. Leede Financial Markets Inc. $800 cash and 8,000 warrants. Mackie Research Capital Corporation $2,400 cash and 24,000 warrants payable. |
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| - Each warrant has the same terms as the offering. |
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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KLONDIKE GOLD CORP. ("KG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 26, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 9, 2012:
| Number of Shares: | 5,250,000 non flow-through shares and 624,999 flow-through shares | ||||||||||||||||
| Purchase Price: | $0.10 per non flow-through share and $0.12 per flow-through share | ||||||||||||||||
| Warrants: | 2,937,498 share purchase warrants to purchase 2,937,498 shares | ||||||||||||||||
| Warrant Exercise Price: | $0.20 for a three-year period | ||||||||||||||||
| Number of Placees: | 6 placees | ||||||||||||||||
| Insider / Pro Group Participation: | |||||||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||||||||||||
| John-Mark Campbell Erich Rauguth Vencam Resources Ltd. (Erich Rauguth) |
Y Y Y |
83,334 83,333 166,666 |
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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LATERAL CAPITAL CORP. ("LCP.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: October 26, 2012
TSX Venture Tier 2 Company
Effective at the Open, October 26, 2012, shares of the Company resumed trading, an announcement having been made.
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LINCOLN MINING CORPORATION ("LMG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 26, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 26, 2012 and October 22, 2012:
| Number of Shares: | 5,376,000 shares | ||||||||||||||||||||||||||||||||||||
| Purchase Price: | $0.05 per share | ||||||||||||||||||||||||||||||||||||
| Number of Placees: | 14 placees | ||||||||||||||||||||||||||||||||||||
| Insider / Pro Group Participation: | |||||||||||||||||||||||||||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||||||||||||||||||||||||||||||||
| Martin Burian Haywood Securities Inc. Bromley Resources Ltd. (Paul Saxton) Michael Attaway Jeffery Wilson Emmet McGrath Philip Walsh Robert Elton Robert Cruickshank Michael Price |
P P Y Y Y Y Y Y Y Y |
200,000 300,000 600,000 500,000 600,000 400,000 220,000 144,000 152,000 160,000 |
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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MIRA RESOURCES CORP. ("MRP")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: October 26, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 28, 2012:
| Convertible Debenture: | $1,600,000 | ||||||||
| Conversion Price: | Convertible into 8,000,000 units at $0.20 per unit. Each unit is comprised of one common share and half of one share purchase warrant. |
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| Maturity date: | One Year from closing | ||||||||
| Warrants: | Each whole warrant will have a term of two years from the date of issuance of the notes and entitle the holder to purchase one common share. The warrants are exercisable at the price of $0.30 for a two year term. |
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| Interest rate: | 12 % per annum | ||||||||
| Number of Placees: | 3 placees | ||||||||
| Insider / Pro Group Participation: | |||||||||
| Name |
Insider=Y / ProGroup=P / |
Principal Amount |
|||||||
| Edward Reisner | P | 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. 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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NORTHERN IRON CORP. ("NFE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Correction
BULLETIN DATE: October 26, 2012
TSX Venture Tier 2 Company
Further to our bulletin dated October 12, 2012, it should have been noted that the Agreement was between Perry English, acting on behalf of Rubicon Minerals Corp. (the "Vendor") and Northern Iron Corp. (the "Company").
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TIMES THREE WIRELESS INC. ("TTW")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: October 26, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue of a total of 12,000,000 shares at a deemed price of $0.05 per share to two Non-Arms Length Parties in lieu of cash for outstanding debt incurred for services rendered.
| Number of Creditors: | 2 Creditors | |||||||||||||||||||||||
| Insider / Pro Group Participation: | ||||||||||||||||||||||||
| Creditor |
Insider=Y / Progroup=P |
Amount Owing |
Deemed Price per Share |
# of Shares |
||||||||||||||||||||
| Dave Guebert Location System Solutions Inc. (Keith Bohn) |
Y Y |
$350,000 $250,000 |
$0.05 $0.05 |
7,000,000 5,000,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
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VICTORY RESOURCES CORPORATION ("VR")
BULLETIN TYPE: Warrant Price Amendment, Warrant Term Extension
BULLETIN DATE: October 26, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the reduction in the exercise price and extension in the expiry date of the following warrants:
Private Placement:
| # of Warrants: Original Expiry Date of Warrants: New Expiry Date of Warrants: Forced Exercise Provision: Original Exercise Price of Warrants: New Exercise Price of Warrants: |
2,022,500 October 27, 2012 February 1, 2013 If the closing price for the Company's shares is $0.25 or greater for a period of 10 consecutive trading days, then the warrant holders will have 30 days to exercise their warrants; otherwise the warrants will expire on the 31st day. $0.40 $0.20 |
These warrants were issued pursuant to a private placement of 4,045,000 shares with 2,022,500 share purchase warrants attached, which was accepted for filing by the Exchange effective October 27, 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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