VANCOUVER, Nov. 20, 2012 /CNW/ -
TSX VENTURE COMPANIES:
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: November 19, 2012
TSX Venture Company
A Cease Trade Order has been issued by the British Columbia Securities Commission on November 19, 2012 against the following company for failing to file the documents indicated within the required time period:
| Symbol |
Tier |
Company |
Failure to File |
Period Ending (Y/M/D) |
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| MNV | |
2 | |
Mexivada Mining Corp. |
A comparative financial statement for its financial year ended |
2012/06/30 |
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| |
|
|
A Form 51-102F1 Management's Discussion and Analysis for the period ended |
2012/06/30 |
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Upon revocation of the Cease Trade Order, the company's shares will remain suspended until the company meets TSX Venture Exchange requirements. 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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ADVANCED EXPLORATIONS INC. ("AXI")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: November 20, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to Stage 1 of a Non-Brokered Private Placement announced August 21, 2012:
| Convertible Debenture: | $5,000,000 | |||||||||
| Conversion Price: | Equal to the greater of: (a) the volume weighted average trading price of the Common Shares during the 10 trading days prior to the date of conversion multiplied by 90%; or (b) $0.25 per common share. |
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| Maturity date: | November 2, 2014 | |||||||||
| Interest rate: | Non-interest bearing | |||||||||
| Number of Placees: | 1 placee | |||||||||
| Insider / Pro Group Participation: | ||||||||||
| Name |
Insider=Y / ProGroup=P / |
Principal Amount |
||||||||
| XinXing Ductile Iron Pipes Co. Ltd. | Y | $5,000,000 | ||||||||
The conversion of the principal amount of the Debenture into an equity interest in the Tuktu Zone 2 JV will be subject to disinterested shareholder approval and Exchange review and acceptance. Also, disinterested shareholder approval will be required prior to the conversion of that amount of the principal that will result in the creation of a control position.
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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ALLIANCE MINING CORP. ("ALM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 20, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 19, 2012:
| Number of Shares: | 1,540,000 shares | ||||||
| Purchase Price: | $0.10 per share | ||||||
| Warrants: | 1,540,000 share purchase warrants to purchase 1,540,000 shares | ||||||
| Warrant Exercise Price: | $0.12 for a one year 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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ALPHA MINERALS INC. ("AMW")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: November 20, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 100,000 bonus shares to Benjamin Ainsworth in consideration of a loan in the amount of $525,000. The loan is due on or before October 31, 2014 and bears interest at a rate of 10% per annum, payable quarterly.
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CICADA VENTURES LTD. ("CID")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 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 3, 2012:
| Number of Shares: | 50,000,000 shares | ||||||
| Purchase Price: | $0.01 per share | ||||||
| Warrants: | 50,000,000 share purchase warrants to purchase 50,000,000 shares | ||||||
| Warrant Exercise Price: |
$0.05 in the first year $0.10 for the next four years |
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| Number of Placees: | 7 placees | ||||||
| Finder's Fee: | $34,000 cash payable to Rosario Securities 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.
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DIAMCOR MINING INC. ("DMI")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: November 20, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 16, 2012:
| Convertible Debenture: | $1,600,000 | ||||||
| Conversion Price: | Convertible into up to 1,090,000 common share at $1.60 per share of principal outstanding plus interest in 49 months from date of issuance. | ||||||
| Maturity date: | 49 months from date of issuance | ||||||
| Interest rate: | 9% per annum | ||||||
| Number of Placees: | 1 placee | ||||||
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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ERIN VENTURES INC. ("EV")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 20, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,271,429 common share units ("Units") at a deemed price of $0.07 per Unit. Each Unit consists of one common share and one warrant ("Warrant") with each Warrant exercisable for one common share at a price of $0.10 for a one year period and $0.20 in the second year. The Units were issued to an Arm's Length Party in regards to a consulting agreement dated April 26, 2010 and pursuant to a Property Acquisition Agreement dated April 26, 2010 to settle outstanding debt totalling $89,000.
Number of Creditors: 1 Creditor
No Insider / Pro Group Participation
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GALWAY RESOURCES LTD. ("GWY")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: November 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, British Columbia to Toronto, Ontario.
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GOLDEN REIGN RESOURCES LTD. ("GRR")
BULLETIN TYPE: Halt
BULLETIN DATE: November 20, 2012
TSX Venture Tier 2 Company
Effective at 6:39 a.m. PST, November 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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GOLDEN REIGN RESOURCES LTD. ("GRR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 20, 2012
TSX Venture Tier 2 Company
Effective at 9:45 a.m., PST, November 20, 2012, shares of the Company resumed trading, an announcement having been made.
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GONDWANA GOLD INC. ("GON")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: November 20, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated November 19, 2012, effective at 6:45 a.m., November 20, 2012, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Change of Business pursuant to TSXV Listings Policy 5.2. 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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GREAT ATLANTIC RESOURCES CORP. ("GR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 20, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Asset Purchase and Option Agreement dated October 10, 2012 among Great Atlantic Resources Corp. (the "Company"), Cerro Mining Corp. ("Cerro") and Cerro's wholly owned subsidiary Tripple Uranium Resources Inc. (the "Vendor"), whereby the Company will acquire various drilling and business equipments for cash consideration in the amount of $160,000, part of which may be payable in shares at a deemed price of $0.10 per share for a total of 1,300,000 shares.
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INTERNATIONAL NORTHAIR MINES LTD ("INM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 20, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing an Option Agreement dated April 5, 2012 and Amending Agreement dated September 27, 2012 between the Company and its subsidiary, Grupo Northair de Mexico, S.A. de C.V. (collectively called "Northair"), and DFX Exploration Ltd. ("DFX") and Grupo Promotor Minero, S.A. de C.V. ("DFXSub"), (collectively called the "DFX Parties").
The Company will acquire a 70% interest in the Adjacent Property ("Adjacent Property") and a 50% interest in the Outside Property ("Outside Property") which comprise all of the El Parral 1 Concession (together, the "Properties"). In order to acquire a 70% interest in the Property, the Company must pay a total of $525,000, issue 1,500,000 shares and incur an aggregate of $2,000,000 in Exploration Costs on one or both of the Properties which are required to be completed on or before the fourth anniversary of the title grant date. The title grant date is defined as the date on which DFXSub becomes the registered legal and beneficial holder of a 100% title and interest in the Properties (the "Title Grant Date"). Payments are as follows:
| CASH | SHARES | WORK EXPENDITURES | |||||||||||||||||||||
| Year 1 Year 2 Year 3+ |
$100,000 $75,000 $350,000 |
200,000 250,000 1,050,000 |
$2,000,000 |
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The Company is required to spend an aggregate of $2,000,000 in Exploration Costs on one or both of the Properties within the four (4) years from the Title Grant Date.
The Properties are subject to a Net Smelter Royalty of 1% payable to Oro Mining Ltd., Oro Gold de Mexico, S.A. de C.V. and Minero Oro Silver de Mexico S.A. de C.V. (collectively the "Oro Mining Parties").
The transaction is arms length.
Further information can be found in the Company's news releases dated June 7, 2012 and October 3, 2012.
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JAZZ RESOURCES INC. ("JZR")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: November 20, 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: |
252,500 June 4, 2011, amended to Dec. 4, 2012 December 4, 2014 $0.50 |
These warrants were issued pursuant to a private placement of 252,500 shares with 252,500 share purchase warrants attached, which was accepted for filing by the Exchange effective December 3, 2009.
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MELKIOR RESOURCES INC. ("MKR")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: November 20, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted to extend the expiry date of the following warrants:
| Number of Warrants: Original Expiry Date of Warrants: New Expiry Date of Warrants: Exercise Price of Warrants: |
2,845,000 December 7, 2012 December 7, 2013 $0.25 |
These warrants were issued under a private placement including a total of 5,690,000 shares and 2,845,000 warrants, which was accepted for filing by TSX Venture Exchange, effective on December 14, 2011.
RESSOURCES MELKIOR INC. (« MKR »)
TYPE DE BULLETIN: Prolongation des bons de souscription
DATE DU BULLETIN: Le 20 novembre 2012
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté de prolonger la date d'échéance des bons de souscription suivants :
| Nombre de bons : Date initiale d'échéance des bons : Nouvelle date d'échéance des bons : Prix d'exercice des bons : |
2 845 000 le 7 décembre 2012 le 7 décembre 2013 0,25 $ |
Ces bons ont été émis en vertu d'un placement privé comprenant 5 690 000 actions et 2 845 000 bons de souscription, tel qu'accepté par Bourse de croissance TSX le 14 décembre 2011.
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NORTHWEST INTERNATIONAL HEALTHCARE PROPERTIES REAL ESTATE INVESTMENT TRUST ("MOB.UN")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement, Property-Asset or Share Acquisition Agreement
BULLETIN DATE: November 20, 2012
TSX Venture Tier 2 Company
Property-Asset or Share Disposition Agreement
TSX Venture Exchange has accepted for filing documentation relating to an acquisition agreement dated May 31, 2012, as amended, between NorthWest Healthcare Properties Real Estate Investment Trust ("NHP REIT"), NHP Holdings Limited Partnership ("NHP Partnership") and NorthWest International Healthcare Properties Real Estate Investment Trust (the "Issuer"), and an acquisition agreement dated June 19, 2012, as amended, between NHP Partnership and GT Canada Operating Partnership (I) L.P. ("GT LP") (collectively, the "Disposition Agreements"). Pursuant to the Disposition Agreements, the Issuer indirectly disposed of all 12 of the Canadian real estate assets owned and controlled by the Issuer. The assets were sold in two separate transactions to subsidiaries of NHP REIT, a non arm's length party to the Issuer.
As net consideration (after the assumption of mortgage indebtedness), the Issuer received $39,200,000 satisfied by cash in the amount of approximately $9,200,000 and an interest bearing demand promissory note in the amount of approximately $30,000,000. The purchase price is subject to customary post-closing adjustments.
| Insider / Pro Group Participation: | |||||||||||||||||||||||||||||||||||||
| Name |
Insider=Y / ProGroup=P |
# of Units |
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| NorthWest Healthcare Properties Real Estate Investment Trust NHP Holdings Limited Partnership |
N N |
0 0 |
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For more information, refer to the Issuer's news releases dated April 16, 2012, September 20, 2012 and September 25, 2012.
Property-Asset or Share Acquisition Agreement
TSX Venture Exchange has accepted for filing documentation relating to a definitive acquisition agreement dated October 23, 2012 (the "Acquisition Agreement") entered into between Northwest Value Partners Inc. ("NorthWest") and NorthWest International Healthcare Properties Real Estate Investment Trust (the "Issuer"). Pursuant to the Acquisition Agreement, the Issuer indirectly acquired (the "Acquisition") a portfolio of international healthcare real estate in Australia/New Zealand, Brazil and Germany, as well as the NorthWest international healthcare real estate platform (collectively the "International Assets"). The International Assets were acquired from Northwest, a non arm's length party to the Issuer.
Concurrently with the closing of the Acquisition, the Issuer entered into a series of external management arrangements with affiliates of NorthWest. The Issuer also entered into a Put/Call Agreement with Northwest and NorthWest Operating Trust, an affiliate of NorthWest (collectively, the "Vendors"). Under the Put/Call Agreement, the Issuer granted the Vendors a right to sell, and the Vendors granted the Issuer the right to purchase, up to 12,500,000 units, and/or securities exchangeable into units, of NorthWest Healthcare Properties Real Estate Investment Trust owned by the Vendors, subject to the terms of the Put/Call Agreement.
The Issuer has valued the International Assets at approximately C$170 million. The Acquisition was funded through (a) the issuance of 9,878,165 trust units of the Issuer at a deemed price of $1.87 per unit (approximately $18.5 million), (b) the issuance of 55,944,444 Class B LP Units ("Class B Units") of NWI Healthcare Properties LP, a subsidiary of the Issuer, at a deemed price of $1.87 per unit (approximately C$104.5 million) and (c) the assumption of existing debt of approximately C$47 million. Each Class B Unit is exchangeable into a unit of the Issuer on a one-for one basis.
| Name |
Insider = Y / ProGroup = P |
# of Units |
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| Northwest Value Partners Inc. |
Y |
9,878,165 trust units of the Issuer 55,944,444 Class B Units (Exchangeable into Issuer units on a one-for-one basis) |
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For more information, please see the Issuer's Management Information Circular dated October 5, 2012 and press releases dated October 23, 2012, October 30, 2012 and November 16, 2012 available at www.SEDAR.com.
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ODYSSEY RESOURCES LIMITED ("ODX.H")
[formerly Odyssey Resources Limited ("ODX")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE: November 20, 2012
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the open on Wednesday, November 21, 2012, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Toronto to NEX.
As of November 21, 2012, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.
The trading symbol for the Company will change from ODX to ODX.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.
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ROUTE1 INC. ("ROI")
BULLETIN TYPE: Halt
BULLETIN DATE: November 20, 2012
TSX Venture Tier 2 Company
Effective at 6:21 a.m. PST, November 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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ROUTE1 INC. ("ROI")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 20, 2012
TSX Venture Tier 2 Company
Effective at 9:30 a.m., PST, November 20, 2012, shares of the Company resumed trading, an announcement having been made.
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SGX RESOURCES INC. ("SXR")
BULLETIN TYPE: Halt
BULLETIN DATE: November 20, 2012
TSX Venture Tier 1 Company
Effective at 12:18 p.m. PST, November 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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SINTANA ENERGY INC. ("SNN")
BULLETIN TYPE: Halt
BULLETIN DATE: November 20, 2012
TSX Venture Tier 2 Company
Effective at 6:18 a.m. PST, November 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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SINTANA ENERGY INC. ("SNN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 20, 2012
TSX Venture Tier 2 Company
Effective at 9:30 a.m., PST, November 20, 2012, shares of the Company resumed trading, an announcement having been made.
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STAR NAVIGATION SYSTEMS GROUP LTD. ("SNA")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: November 20, 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: |
3,428,333 November 30, 2011 November 1, 2014 (amended from December 1, 2012) $0.20 |
These warrants were issued pursuant to a private placement of 3,428,333 shares with 3,428,333 share purchase warrants attached, which was accepted for filing by the Exchange effective December 7, 2009.
Private Placement:
| # of Warrants: Original Expiry Date of Warrants: New Expiry Date of Warrants: Exercise Price of Warrants: |
10,776,666 November 4, 2011 November 1, 2014 (amended from December 1, 2012) $0.20 |
These warrants were issued pursuant to a private placement of 10,776,666 shares with 10,776,666 share purchase warrants attached, which was accepted for filing by the Exchange effective November 10, 2009.
Private Placement:
| # of Warrants: Original Expiry Date of Warrants: New Expiry Date of Warrants: Exercise Price of Warrants: |
3,052,550 April 7, 2011 April 7, 2014 (amended from December 1, 2012) $0.30 |
These warrants were issued pursuant to a private placement of 6,105,100 shares with 6,105,100 share purchase warrants attached, which was accepted for filing by the Exchange effective April 9, 2009.
Private Placement:
| # of Warrants: Original Expiry Date of Warrants: New Expiry Date of Warrants: Exercise Price of Warrants: |
4,244,465 December 1, 2009 December 1, 2013 (further amended from December 1, 2012) (amended from December 1, 2011) $0.30 |
These warrants were issued pursuant to a private placement of 8,488,930 shares with 8,488,930 share purchase warrants attached, which was accepted for filing by the Exchange effective December 3, 2008.
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TAGGART CAPITAL CORP. ("TAG.P")
BULLETIN TYPE: Halt
BULLETIN DATE: November 20, 2012
TSX Venture Tier 2 Company
Effective at 5:25 a.m. PST, November 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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TRUE NORTH GEMS INC. ("TGX")
BULLETIN TYPE: Halt
BULLETIN DATE: November 20, 2012
TSX Venture Tier 2 Company
Effective at 6:18 a.m. PST, November 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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TRUE NORTH GEMS INC. ("TGX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 20, 2012
TSX Venture Tier 2 Company
Effective at 7:15 a.m., PST, November 20, 2012, shares of the Company resumed trading, an announcement having been made.
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UNITED HUNTER OIL & GAS CORP. ("UHO")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 20, 2012
TSX Venture Tier 2 Company
Effective at 6:30 a.m., PST, November 20, 2012, shares of the Company resumed trading, an announcement having been made.
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NEX COMPANY:
GLOBAL RAILWAY INDUSTRIES LTD. ("GBI.H")
BULLETIN TYPE: Halt
BULLETIN DATE: November 20, 2012
NEX Company
Effective at 6:11 a.m. PST, November 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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GLOBAL RAILWAY INDUSTRIES LTD. ("GBI.H")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 20, 2012
NEX Company
Effective at 12:00 p.m., PST, November 20, 2012, shares of the Company resumed trading, an announcement having been made.
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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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