VANCOUVER, Jan. 22, 2013 /CNW/ -
TSX VENTURE COMPANIES:
ALDA PHARMACEUTICALS CORP. ("APH")
BULLETIN TYPE: Halt
BULLETIN DATE: January 22, 2013
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, January 22, 2013, trading in the shares of the Company was halted for failure to maintain a Transfer Agent. 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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AVALA RESOURCES LTD. ("AVZ")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: January 22, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced December 18, 2012:
Number of Shares: | 40,000,000 common shares | |||||||||
Purchase Price: | $0.20 per share | |||||||||
Warrants: | 40,000,000 share purchase warrants to purchase 40,000,000 shares | |||||||||
Warrant Exercise Price: | $0.30 for a two year period | |||||||||
Number of Placees: | 20 placees | |||||||||
Insider / Pro Group Participation: | ||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
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Dundee Precious Metals Inc. | Y/P | 25,000,000 | ||||||||
Agent's Fee: | an aggregate of $330,000, plus 1,200,000 broker's warrants (each exercisable into one unit, comprised of one common share and one share purchase warrant, at a price of $0.20 for a two year period) is payable to Dundee Securities Ltd., Stifel Nicolaus Canada Inc. and Primary Capital Inc. |
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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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CALYX BIO-VENTURES INC. ("CYX")
BULLETIN TYPE: Private Placement-Brokered; Private Placement-Non-Brokered
BULLETIN DATE: January 22, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the second and final tranche of a Brokered and Non-Brokered Private Placement announced October 23, 2012:
Number of Shares: | 5,169,666 shares | |||||||||
Purchase Price: | $0.30 per share | |||||||||
Warrants: | 2,584,833 share purchase warrants to purchase 2,584,833 shares | |||||||||
Warrant Exercise Price: | $0.60 for a one year period | |||||||||
Number of Placees: | 55 placees | |||||||||
Insider / Pro Group Participation: | ||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||
Stuart MacGregor Hugh Cooper Melvin Alan Didyk Hugh Notman David Zadak Chris Wardle Marianne Wardle |
Y P P Y P P P |
500,000 100,000 500,000 166,667 100,000 200,000 117,000 |
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Agent's Fee: | $87,938 payable to Canaccord Genuity Corp., with 197,800 warrants attached exercisable at $0.60 for twelve months. The Agent will also receive 250,000 corporate finance fee units, comprised on one common share and one-half of one common share purchase warrant, exercisable on the same terms as above. |
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Finder's Fee: | $16,317 payable to Haywood Securities Inc., with 77,700 warrants attached exercisable at $0.60 for twelve months. |
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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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COUGAR MINERALS CORP. ("COU")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: January 22, 2013
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:
Second Tranche:
Number of Shares: | 240,000 shares | ||||||
Purchase Price: | $0.15 per share | ||||||
Warrants: | 240,000 share purchase warrants to purchase 240,000 shares | ||||||
Warrant Exercise Price: | $0.18 for a two year period | ||||||
Number of Placees: | 3 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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CRESO EXPLORATION INC. ("CXT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 22, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement:
Number of Shares: | 8,400,000 common shares | |||||||||||
Purchase Price: | $0.05 per common share | |||||||||||
Warrants: | 8,400,000 warrants to purchase 8,400,000 common shares | |||||||||||
Warrants Exercise Price: | $0.10 for a period of 2 years following the closing | |||||||||||
Number of Placees: | 3 placees | |||||||||||
Insider / Pro Group Participation: | ||||||||||||
Name |
Insider = Y / Pro Group = P |
Number of Shares |
||||||||||
Dundee Corporation Pinetree Resource Partnership |
Y Y |
3,000,000 2,000,000 |
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The Company has confirmed the closing of the above-mentioned Private Placement by way of a press release dated December 28, 2012.
EXPLORATION CRESO INC. (« CXT »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 22 janvier 2013
Société du groupe 2 de TSX croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier :
Nombre d'actions : | 8 400 000 actions ordinaires | |||||||||
Prix : | 0,05 $ par action ordinaire | |||||||||
Bons de souscription : | 8 400 000 bons de souscription permettant de souscrire à 8 400 000 actions ordinaires | |||||||||
Prix d'exercice des bons : | 0,10 $ pendant une période de 2 ans suivant la clôture du placement privé. | |||||||||
Nombre de souscripteurs : | 3 souscripteurs | |||||||||
Participation des initiés / Groupe Pro : | ||||||||||
Nom |
Initié = Y / Groupe Pro = P |
Nombre d'actions |
||||||||
Dundee Corporation Pinetree Resource Partnership |
Y Y |
3 000 000 2 000 000 |
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La société a confirmé la clôture du placement privé précité par voie de communiqués de presse daté du 28 décembre 2012.
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CRESO EXPLORATION INC. ("CXT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 22, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement:
Number of Shares: | 4,000,000 flow-through common shares | |||||||||||
Purchase Price: | $0.05 per flow-through common share | |||||||||||
Warrants: | 2,000,000 warrants to purchase 2,000,000 common shares | |||||||||||
Warrants Exercise Price: | $0.10 for a period of 2 years following the closing | |||||||||||
Number of Placees: | 4 placees | |||||||||||
Insider / Pro Group Participation: | ||||||||||||
Name |
Insider = Y / Pro Group = P |
Number of Shares |
||||||||||
Dundee Corporation | Y | 3,000,000 | ||||||||||
The Company has confirmed the closing of the above-mentioned Private Placement by way of press releases dated December 28, 2012 and January 8, 2013.
EXPLORATION CRESO INC. (« CXT »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 22 janvier 2013
Société du groupe 2 de TSX croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier :
Nombre d'actions : | 4 000 000 d'actions ordinaires accréditives | |||||||
Prix : | 0,05 $ par action ordinaire accréditive | |||||||
Bons de souscription : | 2 000 000 de bons de souscription permettant de souscrire à 2 000 000 d'actions ordinaires | |||||||
Prix d'exercice des bons : | 0,10 $ pendant une période de 2 ans suivant la clôture du placement privé. | |||||||
Nombre de souscripteurs : | 4 souscripteurs | |||||||
Participation des initiés / Groupe Pro : | ||||||||
Nom |
Initié = Y / Groupe Pro = P |
Nombre d'actions |
||||||
Dundee Corporation | Y | 3 000 000 | ||||||
La société a confirmé la clôture du placement privé précité par voie de communiqués de presse datés des 28 décembre 2012 et 8 janvier 2013.
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DOLLY VARDEN SILVER CORPORATION ("DV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 22, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 18, 2013:
Number of Shares: |
662,508 flow-through shares 475,711 non flow-through shares |
|
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Purchase Price: |
$0.20 per flow-through share $0.16 per non flow-through share |
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Number of Placees: | 1 placee | ||||||||||||||||
Insider / Pro Group Participation: | |||||||||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
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Hecla Canada Ltd. | Y | 1,138,219 | |||||||||||||||
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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EDGEFRONT REALTY CORP. ("ED.P")
BULLETIN TYPE: Halt
BULLETIN DATE: January 22, 2013
TSX Venture Tier 2 Company
Effective at 8:29 a.m. PST, January 22, 2013, 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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EDGEFRONT REALTY CORP. ("ED.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: January 22, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated January 22, 2013, effective at 8:45 a.m., January 22, 2013, 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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EDGEWATER EXPLORATION LTD. ("EDW")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: January 22, 2013
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, January 22, 2013, shares of the Company resumed trading, an announcement having been made.
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ELY GOLD & MINERALS INC. ("ELY")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: January 22, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
# of Warrants: Original Expiry Date of Warrants: New Expiry Date of Warrants: Exercise Price of Warrants: |
4,000,000 February 28, 2013 February 28, 2015 $0.32 |
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These warrants were issued pursuant to the terms of a Royalty Reduction Agreement dated February 22, 2010, which was accepted for filing by the Exchange effective March 25, 2010.
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EMPEROR OIL LTD. ("EM")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: January 22, 2013
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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ERGORESEARCH LTD. ("ERG")
BULLETIN TYPE: Halt
BULLETIN DATE: January 22, 2013
TSX Venture Tier 2 Company
Effective at 6:30 a.m. PST, January 22, 2013, 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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ERGORESEARCH LTD. ("ERG")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: January 22, 2013
TSX Venture Tier 2 Company
Effective at 7:15 a.m., PST, January 22, 2013, shares of the Company resumed trading, an announcement having been made.
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GGL RESOURCES CORP. ("GGL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 22, 2013
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: | 1,200,000 flow-through shares | |||||||||
Purchase Price: | $0.05 per flow-through share | |||||||||
Warrants: | 1,200,000 share purchase warrants to purchase 1,200,000 common shares | |||||||||
Warrant Exercise Price: | $0.10 for a three year period | |||||||||
If the Company's shares trade at a closing price greater than $0.40 per share for twenty consecutive trading days at any time after four months and one day from the closing date, the Company may accelerate the expiry of the warrants. |
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Number of Placees: | 5 placees | |||||||||
Insider / Pro Group Participation: | ||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
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Nick DeMare | Y | 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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GLOBAL HUNTER CORP. ("BOB")
BULLETIN TYPE: Consolidation
BULLETIN DATE: January 22, 2013
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders on November 20, 2012, the Company has consolidated its capital on a 20 old for 1 new basis. The name of the Company has not been changed.
Effective at the opening on Wednesday, January 23, 2013, the common shares of Global Hunter Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as an 'Exploration/Development' company.
Post - Consolidation Capitalization: Escrow: |
Unlimited 14,038,057 nil |
shares with no par value of which shares are issued and outstanding shares are subject to escrow |
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Transfer Agent: | Computershare Investor Services Inc. | |||||||||
Trading Symbol: CUSIP Number: |
BOB 37945M200 |
(UNCHANGED) (new) |
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GOLDEN REIGN RESOURCES LTD. ("GRR")
BULLETIN TYPE: Warrant Term Extension; Warrant Price Amendment
BULLETIN DATE: January 22, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date and to the reduction in the exercise price of the following warrants:
Private Placement:
# of Warrants: Original Expiry Date of Warrants: New Expiry Date of Warrants: Original Exercise Price of Warrants: New Exercise Price of Warrants: Accelerated Expiry Clause: |
14,159,622 January 18, 2013 January 18, 2014 $0.75 $0.55 (warrant holders elected to participate in a warrant incentive program whereby each warrant holder paid $0.15 per warrant in order to amend the terms of such warrant such that the exercise price of each warrant would be reduced by from $0.75 to $0.55 and the expiry date of the warrants would be extended for a period of 12 months, subject to an accelerated expiry clause) If the closing price for the Company's shares exceeds $1.25 for a period of 20 consecutive trading days, then the Company will have the right to accelerate the expiry date of the warrants by giving written notice to the warrant holders that the warrants will expire 30 days from the date notice is provided by the Company. |
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These warrants were issued pursuant to a private placement of 16,851,197 shares with 16,851,197 share purchase warrants attached, which was accepted for filing by the Exchange effective January 18, 2011.
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HOMBRE CAPITAL INC. ("HOM.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: January 22, 2013
TSX Venture Tier 2 Company
Effective at 1:00 p.m., PST, January 22, 2013, shares of the Company resumed trading, an announcement having been made.
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IBEX TECHNOLOGiES INC. ("IBT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 22, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the documentation relating to a share purchase agreement dated December 31, 2012, in connection with the acquisition of all of the issued and outstanding shares of Bio-Research Products, Inc. The consideration payable by the Company consists of the payment of: (i) US$2,000,000 in cash; and (ii) future earn out based on sales objectives up to a maximum of US$700,000 in cash. In connection with the transaction, US$100,000 was paid to a consultant and was deducted from the purchase price.
For further information, please refer to the Company's press release dated January 2, 2013.
TECHNOLOGiES IBEX INC. (« IBT »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 22 janvier 2013
Société du groupe 1 de TSX croissance
Bourse de croissance TSX a accepté le dépôt de documents relativement à une convention d'acquisition d'action datée du 31 décembre 2012, concernant l'acquisition par la société de toutes les actions émises et en circulation de Bio-Research Products, Inc. La considération payable par la société consiste au paiement de : (i) 2 000 000 $ US en espèces; et (ii) des paiements additionnels conditionnels à l'atteinte de certains objectifs de ventes jusqu'à un maximum de 700 000 $ US en espèces. Un montant de 100 000 $ US a été payé à un consultant dans le cadre de la transaction et ce montant a été déduit du coût d'acquisition.
Pour plus d'information, veuillez vous référer au communiqué de presse émis par la société le 2 janvier 2013.
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MAKENA RESOURCES INC. ("MKN")
[formerly Canasia Industries Corporation ("CAJ")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: January 22, 2013
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders on December 20, 2012, the Company has consolidated its capital on a 20 old for 1 new basis. The name of the Company has also been changed as follows.
Effective at the opening on Wednesday, January 23, 2013, the common shares of Makena Resources Inc. will commence trading on TSX Venture Exchange, and the common shares of Canasia Industries Corporation will be delisted. The Company is classified as a 'Mineral Exploration/Development' company.
Post - Consolidation Capitalization: Escrow: |
Unlimited 7,068,944 31,875 |
shares with no par value of which shares are issued and outstanding shares |
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Transfer Agent: | Computershare Investor Services Inc. | |||||||||
Trading Symbol: CUSIP Number: |
MKN 56087W107 |
(new) (new) |
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NSI STRATEGIC INVESTMENTS LTD. ("NLL")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: January 22, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,846,154 shares to settle outstanding debt of $120,000.
Number of Creditors: | 1 Creditor | |||||||||||||||||||||||
Insider / Pro Group Participation: | ||||||||||||||||||||||||
Creditor |
Insider=Y / Progroup=P |
Amount Owing |
Deemed Price per Share |
# of Shares |
||||||||||||||||||||
Loong Keng Lim | Y | $120,000 | $0.065 | 1,846,154 | ||||||||||||||||||||
The Company shall issue a news release when the shares are issued and the debt extinguished.
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RENEGADE PETROLEUM LTD. ("RPL")
BULLETIN TYPE: Company Tier Reclassification
BULLETIN DATE: January 22, 2013
TSX Venture Tier 2 Company
In accordance with Policy 2.5, the Company has met the requirements for a Tier 1 company. Therefore, effective January 23, 2013, the Company's Tier classification will change from Tier 2 to:
Classification
Tier 1
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ROCMEC MINING INC. ("RMI")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: January 22, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 284,687 common shares at a deemed price of $0.11 per share, in order to settle an outstanding debt related to interest accrued of $31,315.57 on previously issued debentures.
Number of Creditors: | 11 creditors | ||||||||||
The Company has issued a press release announcing the shares for debt transaction on January 11, 2013.
CORPORATION ROCMEC INC. (« RMI »)
TYPE DE BULLETIN : Émission d'actions en règlement d'une dette
DATE DU BULLETIN : Le 22 janvier 2013
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation de la société en vertu de l'émission proposée de 284 687 actions ordinaires au prix réputé de 0,11 $ l'action en règlement d'une dette pour les intérêts courus de 31 315,57 $ sur des débentures antérieurement émises.
Nombre de créanciers : | 11 créanciers | ||||||||||
La société a émis un communiqué de presse daté du 11 janvier 2013 annonçant le règlement de dette en actions.
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SSP OFFSHORE INC. ("SSZ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 22, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 14, 2013:
Number of Shares: | 7,125,000 shares | ||||||||||
Purchase Price: | US$0.21 per share | ||||||||||
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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SUMMIT INDUSTRIAL INCOME REIT ("SMU.UN")
BULLETIN TYPE: Consolidation
BULLETIN DATE: January 22, 2013
TSX Venture Tier 1 Company
Pursuant to a special resolution passed by shareholders January 16, 2013, Summit Industrial Income REIT (the "Trust") has consolidated its capital on a 12 old for 1 new basis. The name of the Trust has not been changed.
Effective at the opening on Monday, January 28, 2013, common shares of the Company will commence trading on TSX Venture Exchange on a consolidated basis. The Trust is classified as a 'Real Estate' issuer
Post - Consolidation Capitalization: Escrow: |
Unlimited 6,893,137 Nil |
units with no par value of which units are issued and outstanding units are subject to escrow |
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Transfer Agent: | Equity Financial Trust Company | |||||||||
Trading Symbol: CUSIP Number: |
SMU.UN 866120116 |
(UNCHANGED) (new) |
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TRUE NORTH COMMERCIAL REAL ESTATE INVESTMENT TRUST ("TNT.UN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: January 22, 2013
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, January 22, 2013, shares of the Company resumed trading, an announcement having been made.
________________________________________
VICTHOM HUMAN BIONICS INC. ("VHB")
BULLETIN TYPE: Company Tier Reclassification
BULLETIN DATE: January 22, 2013
TSX Venture Tier 1 Company
In accordance with Policy 2.5, the Company has not maintained the requirements for a Tier 1 company. Therefore, effective the close of trading on Tuesday, January 22, 2013, the Company's Tier classification will change from Tier 1 to:
Classification
Tier 2
________________________________________
WESCAN ENERGY CORP. ("WCE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 22, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 6, 2012:
Number of Shares: | 1,426,000 shares | |||||||||||||||||||||
Purchase Price: | $0.20 per share | |||||||||||||||||||||
Number of Placees: | 15 placees | |||||||||||||||||||||
Insider / Pro Group Participation: | ||||||||||||||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||||||||||||||
Greg Busby Richard Orman Alfredo Cu Leo Berezan Leigh Stewart William Bailey |
Y Y Y Y Y Y |
25,000 25,000 16,000 500,000 25,000 25,000 |
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Finder's Fee: | None |
________________________________________
XYLITOL CANADA INC. ("XYL")
BULLETIN TYPE: Private Placement- Non-Brokered
BULLETIN DATE: January 22, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 29, 2012:
Number of Shares: | 8,888,888 common shares | ||||||
Purchase Price: | $0.225 per share | ||||||
Warrants: | 4,444,444 share purchase warrants to purchase 4,444,444 shares | ||||||
Warrant Exercise Price: | $0.375 for a two year period | ||||||
Number of Placees: | 1 placee | ||||||
Finder's Fee: | an aggregate of $100,000, plus 711,111 finder's warrants (each exercisable into one common share at a price of $0.375 for a two year period) is payable to BayFront Capital Partners Ltd. | ||||||
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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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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