VANCOUVER, Feb. 4, 2013 /CNW/ -
TSX VENTURE COMPANIES:
49 NORTH RESOURCES INC. ("FNR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 4, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pertaining to Transfer Agreements (the "Agreements"), made January 10, 2013, between 49 North Resources Inc. (the "Company"), 49 North 2011 Resource Flow-Through Limited Partnership (the "2011 Fund"), and 2012 Resource Flow-Through Limited Partnership (the "2012 Fund") whereby the Company has agreed to purchase all of the assets and liabilities of the 2011 and 2012 Fund (collectively, the "Funds").
Insider / Pro Group Participation: | |||||||||
Insider=Y / | |||||||||
Name | ProGroup=P | # of Shares | |||||||
49 North 2011 Resource Fund Inc. (Tom MacNeill) | Y | 342 | |||||||
49 North 2012 Resource Fund Inc. (Tom MacNeill) | Y | 215 | |||||||
Andrew Davidson | Y | 10,471 | |||||||
As consideration, the Company will issue an aggregate of 5,575,785 common shares at a deemed price of $1.62 per share to the limited partners of the Funds equal to the market value of the Funds.
For further details, please refer to the Company's news releases dated January 10, 2013 and January 24, 2013.
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ALPHA MINERALS INC. ("AMW")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced January 14, 2013:
Number of Shares: | 1,500,000 flow-through shares |
Purchase Price: | $2.10 per flow-through share |
Number of Placees: | 11 placees |
Finders' Fees: | Salman Partners Inc. - $64,000 and 22,500 Underwriter Warrants that are exercisable into common shares at $2.10 per share for a two year period. |
Cormark Securities Inc. - $64,000 and 22,500 Underwriter Warrants that are exercisable into common shares at $2.10 per share for a two year period. |
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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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ALPHA PEAK LEISURE INC. ("AAP.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
Further to TSX Venture Exchange bulletins dated January 30, 2013 & January 31, 2013, effective at the open on Tuesday, February 5, 2013, shares of the Company will resume trading.
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ARIAN RESOURCES CORP. ("ARC")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
Further to the bulletin dated February 1, 2013 with respect to the private placement of 30,000,000 units at a price of $0.06 per unit, TSX Venture Exchange has been advised that the finder's fee payable to Haywood Securities Inc. should have been for $20,400.00 and 340,000 Finder's Warrants that are exercisable into common shares at $0.10 per share for a two year period.
The rest of the bulletin remains unchanged.
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AVATAR ENERGY LTD. ("AVG")
BULLETIN TYPE: Halt
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
Effective at 5:06 a.m. PST, February 4, 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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BLUEDROP PERFORMANCE LEANING INC. ("BPL")
BULLETIN TYPE: Halt
BULLETIN DATE: February 4, 2013
TSX Venture Tier 1 Company
Effective at 9:31 a.m. PST, February 4, 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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BLUEDROP PERFORMANCE LEARNING INC. ("BPL")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 4, 2013
TSX Venture Tier 1 Company
Effective at 11:00 a.m., PST, February 4, 2013, shares of the Company resumed trading, an announcement having been made.
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BLUESTONE RESOURCES INC. ("BSR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation in connection with an amendment dated January 2, 2013 to an Assumption and Assignment Agreement dated November 1, 2012 between the Company and Gold Range Ltd. (Barry Donnallan and Paul Mitz) whereby the Company acquired the Shorty Creek Property (as well as the Richardson Property) that is located in Alaska for US$200,000. Pursuant to an underlying Lease Agreement dated January 4, 2005, a pre-production royalty of $25,000 is due on the first and second anniversaries of the effective date. This pre-production royalty increases each year thereafter by $25,000, provided that no pre-production royalty is due in any year in which the price of gold remains below $250 per troy ounce for more than any one month of the year. The annual Pre-Production Royalty Payment totaling US$175,000 was payable on January 4, 2013. This payment has been amended so that $75,000.00 is payable in cash and US$100,000 is payable in 500,000 units comprising one common share and one-half of a non-transferable share purchase warrant with each whole warrant exercisable into a common shares at $0.25 per share for a two year period. The warrants are subject to an acceleration trigger date if the daily volume weighted average trading price of the shares is greater than $0.50 for a period of 10 consecutive trading days.
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C LEVEL III INC. ("CLV.P")
BULLETIN TYPE: Halt
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, February 4, 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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C LEVEL III INC. ("CLV.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated February 4, 2013, effective at 6:50 a.m., February 4, 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 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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COBALT COAL LTD. ("CCF")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to an option agreement dated March 2, 2012 (the "Option Agreement") between the Company and Steinman Development Company (the "Lessor") providing the Company the option to acquire a lease (the "Steinman Lease") from the Lessor on coal mining and surface rights on portions of the mining rights to five separate tracts of lands in Virginia, USA (the "Properties").
The Company has also entered into a Share Purchase and Sale Agreement dated December 12, (the "Agreement") between the Company and Norris Enterprises Co., Inc. ("Norris"), KDS Energy, LLC ("KDS"), KMH Energy Corporation ("KMH"), Kenneth Stanley and Kentucky Coal Partners International, LLC ("KCPI") (collectively, Norris, KDS and KMH are the "Vendors"), whereby the Vendors will surrender leases that they had previously been granted by the Lessor pertaining to the Properties. The Company will also acquire all of the issued and outstanding shares of KMH, the holder of a valid mining permit covering portions of the Lessor's 900 acre Mill Creek tract.
Pursuant to the terms of the Agreement, the Company will pay a total of USD$15,000,000 to the Vendors comprised of USD$1,750,000 in cash and issue a USD$13,250,000 promissory note at a 5% per annum interest rate to be paid by November 30, 2015. In addition, the Vendors will retain a 2% overriding royalty on production derived from the Properties. A finder's fee will be paid to KCPI for USD$592,500, of which USD$136,000 will be paid in cash and USD$450,000 in common shares at a deemed price of $0.05 per share.
Insider / Pro Group Participation: | None |
For further information please refer to the Company's press releases dated March 8, 2012, July 11, 2012, July 17, 2012, November 19, 2012, November 20, 2012 and December 19, 2012.
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COLUMBUS GOLD CORPORATION ("CGT")
BULLETIN TYPE: Halt
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
Effective at 8:06 a.m. PST, February 4, 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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EMERALD BAY ENERGY INC. ("EBY")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: February 4, 2013
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: | February 17, 2013 |
New Expiry Date of Warrants: | August 17, 2013 |
Exercise Price of Warrants: | $0.10 |
These warrants were issued pursuant to a private placement of 14,240,000 shares with 14,240,000 share purchase warrants attached, which was accepted for filing by the Exchange effective March 14, 2012.
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FIRM CAPITAL PROPERTY TRUST ("FCD.UN")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
The TSX Venture Exchange has accepted for filing the Issuer's Dividend Reinvestment Plan (the "DRIP"). The Issuer has reserved 218,723 Trust Units under the DRIP.
For more information, refer to the Issuer's press release dated January 31, 2013.
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FIRM CAPITAL PROPERTY TRUST ("FCD.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
The Issuer has declared the following distribution(s):
Distribution per Unit: | $0.029166 |
Payable Date: | February 15, 2013 |
Record Date: | January 31, 2013 |
Ex-Distribution Date: | February 5, 2013 |
LATE DISTRIBUTION:
FIRM CAPITAL PROPERTY TRUST has declared a distribution payable February 15, 2013 to unitholders of record January 31, 2013. The Units should have commenced on an ex-distribution basis but due to late notification from the Trust have been trading on a cum-distribution basis and will commence trading on TSXV on an ex-distribution basis effective from the opening on February 5, 2013. Holders including purchasers of the Units on TSXV on or before February 4, 2013 should maintain a record of brokers that sold them the Units in order to enable such holders to claim the distribution.
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GEMOSCAN CANADA, INC. ("GES")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 18, 2012:
Number of Shares: | 1,069,000 shares |
Purchase Price: | $0.125 per share |
Warrants: | 534,500 share purchase warrants to purchase 534,500 shares |
Warrant Exercise Price: | $0.20 for a two year period |
Number of Placees: | 14 placees |
Finder's Fee: | $10,690 in cash and 85,520 finders' warrants payable to Jordan Capital Markets Inc. Each finder's warrant entitles the holder to acquire one common share at $0.20 for a two year period. |
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.
For further details, please refer to the Company's news releases dated January 21 and January 28, 2013.
________________________________________
HOMESTAKE RESOURCE CORPORATION ("HSR")
BULLETIN TYPE: Private Placement-Non-Brokered, Correction
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletin dated January 3, 2013, the following have been changed:
Number of Shares: | 4,852,500 flow through shares |
4,012,334 non flow through shares | |
Purchase Price: | $ 0.20 per flow through share |
$0.15 per non flow through share | |
Warrants: | 2,426,250 share purchase warrants to purchase 2,426,250 shares @ $0.25 per share for a two year period. |
4,012,334 share purchase warrants to purchase 4,179,001 shares @ $0.20 per share for a two year period. |
|
Warrant Exercise Price: | $0.25 for a two year period |
$ in the second year | |
Number of Placees: | 26 placees |
All other terms and conditions remain unchanged.
________________________________________
HOMESTAKE RESOURCE CORPORATION ("HSR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 21, 2012:
SECOND TRANCHE | |
Number of Shares: | 500,000 non flow through shares |
Purchase Price: | $0.15 per non flow through share |
Warrants: | 500,000 share purchase warrants to purchase 500,000 shares |
Warrant Exercise Price: | $0.20 for a two year period |
Number of Placees: | 4 placees |
Finder's Fee: | $3,600 plus 20,000 warrants exercisable at $0.20 per share payable to EuroSwiss Capital Partners Inc. |
20,000 warrants exercisable at $0.20 per share payable to Marcus Moser | |
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.
________________________________________
LOMA OIL & GAS LTD. ("LOG.H")
[formerly Loma Oil & Gas Ltd. ("LOG")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: February 4, 2013
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 opening on Tuesday, February 5, 2013, 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 Calgary to NEX.
As of February 5, 2013, 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 LOG to LOG.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.
Further to the TSX Venture bulletin dated May 3, 2012, trading in the shares of the Company will remain suspended. Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
_______________________________________
MORUMBI RESOURCES INC. ("MOC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 31, 2013:
Number of Shares: | 471,500 shares | |||||
Purchase Price: | $0.35 per share | |||||
Warrants: | 471,500 share purchase warrants to purchase 471,500 shares | |||||
Warrant Exercise Price: | $0.45 for a two year period | |||||
Number of Placees: | 5 placees | |||||
Insider / Pro Group Participation: | ||||||||||||
Insider=Y / | ||||||||||||
Name | ProGroup=P / | # of Shares | ||||||||||
Linear Capital Corp. (Mark Brennan) | Y | 145,000 | ||||||||||
Finder's Fee: | $952 plus 2,720 finder's warrants, each exercisable into one common share at a price of $0.35 for a period of two years payable to Tracy Feldman |
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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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MUSTANG MINERALS CORP. ("MUM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 21, 2012:
Number of Shares: | 26,379,237 flow-through shares and | ||||||||
5,100,000 non flow-through shares | |||||||||
Purchase Price: | $0.065 per flow-through share and | ||||||||
$0.06 per non flow-through share | |||||||||
Number of Placees: | 32 placees | ||||||||
Insider / Pro Group Participation: | ||||||
Insider=Y / | ||||||
Name | ProGroup=P / | # of Shares | ||||
Robin Dunbar | Y | 1,000,000 | ||||
Nadim Wakeam | Y | 150,000 | ||||
Western Areas NL (Publicly Traded) | Y | 5,000,000 | ||||
Finder's Fee: | An aggregate of $70,830 in cash and 1,090,308 finders' warrants payable to Loewen, Ondaatje, McCutcheon Ltd., Jennings Capital Inc. and Pope & Company Limited. Each finder's warrant entitles the holder to acquire one common share at $0.06 or $0.065 for an eighteen (18) month period. |
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For further details, please refer to the Company's news releases dated January 3, 2013 and January 24, 2013.
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NORTHERN GOLD MINING INC ("NGM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to an Acquisition Agreement (the "Agreement") dated November 27, 2012 between Jacques Robert and Randall Salo (collectively, the "Vendors") and Northern Gold Mining Inc. (the "Company"). Pursuant to the Agreement, the Company will acquire a 100% interest in unpatented mining claims located in the Larder Lake Mining District of Garrison Township, Ontario.
In consideration the Company will pay an aggregate of $15,000 plus issue 20,000 shares to the Vendors.
For more information, refer to the Company's news release dated January 31, 2013.
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OPEN GOLD CORP. ("OPG")
BULLETIN TYPE: Resume Trading, Reviewable Transaction-Announced
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
Effective at the open, Tuesday, February 5, 2013, trading in the Company's shares will resume.
This resumption of trading does not constitute acceptance of the Reviewable Transaction, and should not be construed as an assurance of the merits of the transaction or the likelihood of completion. The Company is required to submit all of the required initial documentation relating to the transaction. IF THIS DOCUMENTATION IS NOT PROVIDED, OR IS INSUFFICIENT, A TRADING HALT MAY BE RE-IMPOSED.
Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange acceptance. There is a risk that the transaction will not be accepted or that the terms of the transaction may change substantially prior to acceptance. SHOULD THIS OCCUR, A TRADING HALT MAY BE RE-IMPOSED.
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PHARMAGAP INC. ("GAP")
BULLETIN TYPE: Halt
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
Effective at 5:55 a.m. PST, February 4, 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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PHARMAGAP INC. ("GAP")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
Effective at 8:30 a.m., PST, February 4, 2013, shares of the Company resumed trading, an announcement having been made.
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RIA RESOURCES CORP. ("RIA")
BULLETIN TYPE: Halt
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, February 4, 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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RIFT BASIN RESOURCES CORP. ("RIF")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 4, 2013
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 November 2, 2012 and December 21, 2012:
Number of Shares: | 3,850,000 shares | ||||||
Purchase Price: | $0.10 per share | ||||||
Warrants: | 1,925,000 share purchase warrants to purchase 1,925,000 shares | ||||||
Warrant Exercise Price: | $0.20 for a one year period. The Company may accelerate the expiry date of the warrants to the date that is 30 days following the date a news release announcing that the closing price of the common shares on the Exchange has been equal or greater than $0.30 for any 10 consecutive trading days, after the expiry of the hold period. |
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Number of Placees: | 17 placees | ||||||
Insider / Pro Group Participation: | |||||||||
Insider=Y / | |||||||||
Name | ProGroup=P / | # of Shares | |||||||
Chris Macpherson | P | 250,000 | |||||||
Michael Gardner | P | 100,000 | |||||||
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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RIO SILVER INC. ("RYO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the second tranche of a Non-Brokered Private Placement announced December 17, 2012:
Number of Shares: | 2,346,111 shares | |||||
Purchase Price: | $0.09 per share | |||||
Warrants: | 2,346,111 share purchase warrants to purchase 2,346,111 shares | |||||
Warrant Exercise Price: | $0.12 for a one year period | |||||
Number of Placees: | 7 placees | |||||
Insider / Pro Group Participation: | ||||||||||
Insider=Y / | ||||||||||
Name | ProGroup=P / | # of Shares | ||||||||
John Magee | Y | 500,000 | ||||||||
Single Jack Investments (Jeffrey Reeder) | Y | 100,000 | ||||||||
Finders' Fees: | Canaccord Genuity Corp. receives $3,429 and 38,100 non-transferable warrants, each exercisable for one share at a price of $0.12 for a one year period. |
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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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SLAM EXPLORATION LTD. ("SXL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 19, 2012:
Number of Securities: | 206,250 common share units ("Units") |
Each Unit consists of one common share and one Warrant | |
Purchase Price: | $0.16 per Unit |
Warrants: | 206,250 share purchase warrants to purchase 206,250 shares |
Warrant Exercise Price: | $0.25 for the first 12 months from date of issuance |
$0.50 for the next and final 12 months from date of issuance | |
Number of Placees: | 1 placee |
Insider / Pro Group Participation: | None |
Finder's Fee: | None |
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SOLIMAR ENERGY LIMITED ("SXS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to an Agreement to Assign Interests dated December 17, 2012 (the "Agreement") between the Company and a private buyer (the "Purchaser") to assign the Company's 50% interest in oil and gas leases in the Maricopa project locating in the San Joaquin Basin, California. In Consideration, the Purchaser will pay the Company USD$625,000.
Insider / Pro Group Participation: | None |
For further information please refer to the Company's press releases dated December 19, 2012 and February 3, 2013.
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SPRYLOGICS INTERNATIONAL CORP. ("SPY")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,600,000 bonus shares in consideration of a CDN$400,000 secured loan provided to the Company.
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SPRYLOGICS INTERNATIONAL CORP. ("SPY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 30, 2013:
Number of Shares: | 20,254,000 shares |
Purchase Price: | $0.05 per share |
Warrants: | 20,254,000 share purchase warrants to purchase 20,254,000 shares |
Warrant Exercise Price: | $0.10 for a two year period |
Number of Placees: | 33 placees |
Finder's Fee: | an aggregate of $4,370, plus 87,400 finder warrants, each exercisable into one common share at a price of $0.10 for a two year period, payable to Raymond James Ltd. and EMD Financial 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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TG RESIDENTIAL VALUE PROPERTIES LTD. ("TG.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated January 30, 2013, effective at 5:33 a.m., February 4, 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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UNILENS VISION INC. ("UVI")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
The Issuer has declared the following dividend(s):
Dividend per Common Share: | $0.045 (regular cash dividend) |
Payable Date: | February 22, 2013 |
Record Date: | February 12, 2013 |
Ex-Dividend Date: | February 8, 2013 |
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URACAN RESOURCES LTD. ("URC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 4, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of an Option Agreement dated January 23, 2013 between Uracan Resources Ltd. (the "Company") and UEX Corporation (the "Optionor") whereby the Company has acquired an option to acquire a 60% interest in the Black Lake Project located in northern Saskatchewan.
The consideration payable to the Optionor consists of 300,000 shares and 150,000 warrants. In addition, the Company must incur a total of $10,000,000 in exploration expenditures over 10 years, of which $2,000,000 must be spent by December 31, 2014. After December 2014, the Company must make minimum expenditures of $1,000,000 per year.
For further information please refer to the Company's news release dated January 24, 2013.
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NEX COMPANY:
WI2WI CORPORATION ("YTY")
[formerly: International Sovereign Energy Corp. ("ISR.H")],
BULLETIN TYPE: Reverse Takeover Completed, Resume Trading, Property-Asset or Share Purchase
Agreement, Amalgamation, Graduation from NEX to TSX Venture, Name Change, Symbol Change
BULLETIN DATE: February 4, 2013
NEX Company
Reverse Takeover Transaction
The TSX Venture Exchange has accepted for listing the Reverse Takeover ("RTO") completed between International Sovereign Energy Corp. ("ISE") and Wi2Wi Corporation ("Wi2Wi") described in the Information Circular dated November 29, 2012 which consists of the following transactions:
Share Purchase Agreement and Amalgamation
Pursuant to an Arrangement Agreement entered into between ISE and Wi2Wi dated July 6, 2012, as amended on August 30, 2012 and November 16, 2012, ISE acquired all of the shares of Wi2Wi in exchange for the issuance of 64,384,296 ISE common shares. ISE subsequently amalgamated with Wi2Wi to form Wi2Wi Corporation (the "Resulting Issuer").
Upon completion of the RTO, the Resulting Issuer has 80,480,380 common shares ("Common Shares") issued and outstanding. Also outstanding are the following securities of the Resulting Issuer: (i) 1,583,545 common share purchase warrants carrying the right to acquire an aggregate of 1,583,545 Common Shares; (ii) 876,704 broker warrants carrying the right to acquire 876,704 Common Shares at a price of $0.57 until January 25, 2016; and (iii) 12,031,698 stock options for the purchase of up to 12,031,698 Common Shares. On a fully diluted basis, there is an aggregate of 94,972,343 Common Shares outstanding. Each existing ISE shareholder will receive one Common Share and one preferred share of the Resulting Issuer ("Resulting Issuer Preferred Share") for each common share held in ISE. The holders of Resulting Issuer Preferred Shares are entitled to receive dividends in an amount equal to the aggregate of net cash proceeds received by the Resulting Issuer from the sale or dividends in respect of the shares in Legend Oil and Gas, Ltd. held by ISE.
For further information, please refer to the Company's Information Circular dated November 29, 2012, and press releases dated July 9, 2012, November 23, 2012, December 5, 2012, January 10, 2013 and January 28, 2013, available on SEDAR.
Graduation from NEX to TSX Venture, Name Change, Symbol Change
Wi2Wi Corporation (the "Resulting Issuer") has met the requirements to be listed as a TSX Venture Tier 2 Company. Therefore, effective on Tuesday, February 5, 2013, the Resulting Issuer's listing will transfer from NEX to TSX Venture, the Resulting Issuer's Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to Toronto.
Effective at the opening on Tuesday, February 5, 2013, the trading symbol for the Resulting Issuer will change from ISR.H to YTY.
Effective at the opening on Tuesday, February 5, 2013, the common shares of the Resulting Issuer will commence trading on TSX Venture Exchange, and the common shares of International Sovereign Energy Corp. will be delisted.
The Company is classified as a 'Communications Equipment Manufacturing' company.
Post - Amalgamation Capitalization: |
Unlimited |
common shares with no par value of which |
80,480,380 | common shares are issued and outstanding | |
Escrowed: | 16,241,693 | common shares and |
7,934,171 | options will be subject to Tier 2 Surplus Security Escrow; |
|
642,000 | common shares will be subject to Tier 1 Value Security Escrow; and |
|
718,486 | common shares will be subject to Tier 2 Value Security Escrow. |
|
Transfer Agent: | Valiant Trust Company | |
Trading Symbol: | YTY | (NEW) |
CUSIP Number: | 977486109 | (NEW) |
Company Contact: | Dr. Hans P. Black, Director | |
Company Address: | Wi2Wi Corporation | |
2107 North First St., Suite 540 | ||
San Jose, CA 95131 | ||
Company Phone Number: | (408) 416-4214 | |
Company Fax Number: | (408) 416-4201 | |
Company Website: | www.wi2wi.com | |
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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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