VANCOUVER, Feb. 27, 2013 /CNW/ -
TSX VENTURE COMPANIES:
ALLIANCE MINING CORP. ("ALM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 27, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 26, 2013:
Number of Shares: | 3,000,000 shares | ||||||
Purchase Price: | $0.10 per share | ||||||
Warrants: | 1,500,000 share purchase warrants to purchase 1,500,000 shares | ||||||
Warrant Exercise Price: | $0.15 for a two year period | ||||||
Number of Placees: | 19 placees | ||||||
Finder's Fee: | Canaccord Genuity Corp. will receive a finder's fee of $24,000.00 and 240,000 Finder's Warrants that are exercisable into common shares at $0.15 per share for a two year period. | ||||||
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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ARCTURUS VENTURES INC. ("AZN")
BULLETIN TYPE: Consolidation
BULLETIN DATE: February 27, 2013
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders December 19, 2012, the Company has consolidated its capital on a 5 old for 1 new basis. The name of the Company has not been changed.
Effective at the opening on Thursday, February 28, 2013, the common shares of Arcturus Ventures Inc. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Copper, Gold and Diamond Exploration' company.
Post - Consolidation Capitalization: Escrow: |
Unlimited 7,934,858 Nil |
shares with no par value of which shares are issued and outstanding shares |
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Transfer Agent: | Computershare Trust Company of Canada | |||||||||
Trading Symbol: CUSIP Number: |
AZN 039683 20 6 |
(UNCHANGED) (new) |
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BEAUFIELD RESOURCES INC. ("BFD")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 27, 2013
TSX Venture Tier 1 Company
Effective at 7:15 a.m., PST, February 27, 2013, shares of the Company resumed trading, an announcement having been made.
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BELLHAVEN COPPER & GOLD INC. ("BHV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 27, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 15, 2013:
Number of Shares: | 15,652,173 shares | |||||||||
Purchase Price: | $0.115 per share | |||||||||
Warrants: | 7,826,087 share purchase warrants to purchase 7,826,087 shares | |||||||||
Warrant Exercise Price: | $0.15 for a three year period. The warrants are subject to an accelerated exercise provision in the event, after June 22, 2013, the Company's shares close at $0.50 or greater for 20 consecutive trading days. |
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Number of Placees: | 3 placees | |||||||||
Insider / Pro Group Participation: | ||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
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IAMGOLD Corporation | Y | 2,173,913 | ||||||||
Finder's Fee: | Golden Capital Consulting Ltd. will receive a finder's fee of $90,000 and 782,609 Broker Warrants that are exercisable into common shares at $0.115 per share for a three 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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CGX ENERGY INC. ("OYL")
BULLETIN TYPE: Halt
BULLETIN DATE: February 27, 2013
TSX Venture Tier 2 Company
Effective at 5:56 a.m. PST, February 27, 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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CLEANFIELD ALTERNATIVE ENERGY INC. ("AIR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 27, 2013
TSX Venture Tier 2 Company
Effective at 10:00 a.m., PST, February 27, 2013, shares of the Company resumed trading, an announcement having been made.
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GALORE RESOURCES INC. ("GRI")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: February 27, 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: New Expiry Date of Warrants: Exercise Price of Warrants: |
7,506,667 March 15, 2012 and amended to March 15, 2013 September 14, 2013 $0.25 |
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These warrants were issued pursuant to a private placement of 7,666,667 shares with 7,666,667 share purchase warrants attached, which was accepted for filing by the Exchange effective March 15, 2010.
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GTA RESOURCES AND MINING INC. ("GTA")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 27, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Letter Agreement (the "Agreement"), dated December 27, 2012, between GTA Resources and Mining Inc. (the "Company"), and Metals Creek Resources Corp. - a TSX Venture listed company, whereby the Company has agreed to acquire 70% interest in 82 contiguous mineral exploration claims (the "Squid East Property"), located approximately 80km southwest of Dawson City, Yukon.
Under the terms of the Agreement, the Company will earn a 70% interest in the Property by making aggregate cash payments of $290,000, issuing an aggregate of 2,400,000 common shares and incurring $3,000,000 of cumulative exploration expenditures over a three year period.
Insider / Pro Group Participation: | ||||||||||||||||||||||||||||||||
Name |
Insider=Y / ProGroup=P |
# of Shares |
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Metals Creek Resources Corp. | Y | 2,400,000 | ||||||||||||||||||||||||||||||
For further details, please refer to the Company's press release dated January 10, 2013.
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HIGHBANK RESOURCES LTD. ("HBK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 27, 2013
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 January 28, 2013:
Number of Shares: | 1,707,500 shares | |||||||||||
Purchase Price: | $0.08 per share | |||||||||||
Warrants: | 1,707,500 share purchase warrants to purchase 1,707,500 shares | |||||||||||
Warrant Exercise Price: | $0.15 for a two year period | |||||||||||
Number of Placees: | 9 placees | |||||||||||
Insider / Pro Group Participation: | ||||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||||
Jake Bottay | Y | 137,500 | ||||||||||
Finder's Fee: |
$3,040 payable to 360 Aviation Services Inc. (Pamela Smith-Gander) $448 payable to Cory Rosenfield |
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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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KEY GOLD HOLDING INC. ("KGH")
BULLETIN TYPE: RTO-Information Circular, Remain Halted
BULLETIN DATE: February 27, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange had accepted for filing the Company's Information Circular dated November 29, 2012, for the purpose of mailing to shareholders and filing on SEDAR.
Further to TSX Venture Exchange bulletin dated February 21, 2012, trading in the shares of the Company has remained halted.
KEY GOLD HOLDING INC. («KGH»)
TYPE DE BULLETIN : Prise de contrôle inversée - Circulaire de sollicitation de procurations, arrêt maintenu
DATE DU BULLETIN : Le 27 février 2013
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt par la société, d'une circulaire de sollicitation de procurations datée du 29 novembre 2012, pour les fins d'envoi aux actionnaires et dépôt sur SEDAR.
Suite au bulletin de Bourse de croissance TSX daté du 21 février 2012, la négociation sur les titres de la société est demeurée arrêtée.
KIRRIN RESOURCES INC. ("KYM")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 27, 2013
TSX Venture Tier 2 Company
Effective at 6:30 a.m., PST, February 27, 2013, shares of the Company resumed trading, an announcement having been made.
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KIRRIN RESOURCES INC. ("KYM")
BULLETIN TYPE: Halt
BULLETIN DATE: February 27, 2013
TSX Venture Tier 2 Company
Effective at 12:52 p.m. PST, February 27, 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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LAKESIDE MINERALS INC. ("LAK")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 27, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation a letter agreement (the "Agreement") dated February 25, 2013 between 9219-8845 Quebec Inc. (the "Vendor") and Lakeside Minerals Corp. ("Lakeside"), a wholly owned subsidiary of Lakeside Minerals Inc. (the "Company"). Pursuant to the Agreement, the Company shall acquire a 100% interest in 15 mineral claims from the Vendor. The mineral claims are located in the Launay Property, northeast of Rouyn-Noranda, Quebec.
As consideration, the Company shall issue 150,000 shares to the Vendor.
For more information, refer to the Company's news release dated February 27, 2013.
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LATIN AMERICAN MINERALS INC. ("LAT")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: February 27, 2013
TSX Venture Tier 2 Company
Further to the Exchange bulletin dated August 31, 2012, 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: |
5,000,000 September 10, 2012 September 10, 2013 $0.20 |
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These warrants were issued pursuant to a private placement of 10,000,000 shares with 5,000,000 share purchase warrants attached, which was initially accepted for filing by the Exchange effective September 15, 2010.
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LATIN AMERICAN MINERALS INC. ("LAT")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: February 27, 2013
TSX Venture Tier 2 Company
Further to the Exchange bulletin dated August 31, 2012, 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: |
5,000,000 October 5, 2011 October 5, 2013 $0.30 |
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These warrants were issued pursuant to a private placement of 10,000,000 shares with 5,000,000 share purchase warrants attached, which was initially accepted for filing by the Exchange effective September 29, 2009.
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LONG HARBOUR EXPLORATION CORP. ("LHC")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 27, 2013
TSX Venture Tier 2 Company
Effective at the Opening on Thursday, February 28, 2013, shares of the Company will resume trading.
The Company has advised that the proposed transaction relating to a 70% owned joint venture as announced in its news release dated November 21, 2012 will not proceed.
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MARAUDER RESOURCES EAST COAST INC. ("MES")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: February 27, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced February 19, 2013:
Number of Shares: | 18,870,224 shares | |||||||||
Purchase Price: | $0.065 per unit | |||||||||
Warrants: | 9,435,111 share purchase warrants to purchase 9,435,111 shares | |||||||||
Warrant Exercise Price: | $0.13 per share for a period of two years | |||||||||
Number of Placees: | 25 placees | |||||||||
Insider / Pro Group Participation: | ||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Units |
||||||||
Robert Shields | Y | 7,296,385 | ||||||||
Agent's Fee: | M Partners - $72,353.22 cash and 1,140,387 broker warrants. Each broker warrant is exercisable at a price of $0.065 per share for a period of two years. |
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MGOLD RESOURCES INC. ("MNI")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: February 27, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,010,000 shares to settle outstanding debt for $50,500.
Number of Creditors: | 4 Creditors | |||||||||||||||||||||||
Insider / Pro Group Participation: | ||||||||||||||||||||||||
Creditor |
Insider=Y / Progroup=P |
Amount Owing |
Deemed Price per Share |
# of Shares |
||||||||||||||||||||
Hugh Loney | Y | $10,500 | $0.05 | 210,000 | ||||||||||||||||||||
The Company shall issue a news release when the shares are issued and the debt extinguished.
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NORDIC OIL AND GAS LTD. ("NOG")
BULLETIN TYPE: Convertible Debenture Term Extension
BULLETIN DATE: February 27, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following convertible debentures:
Principal Amount of Debentures: Original Expiry Date of Debentures: New Expiry Date of Debentures: Conversion Price of Debentures: |
$487,000 November 6, 2012; amended to March 6, 2013 November 6, 2013 $0.10 |
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The Debentures were issued pursuant to a private placement of $497,000 principal Debentures, which was accepted by the Exchange effective November 10, 2012.
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NORTH ARROW MINERALS INC. ("NAR")
BULLETIN TYPE: Consolidation
BULLETIN DATE: February 27, 2013
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders on February 13, 2013, the Company has consolidated its capital on a 10 old for 1 new basis. The name of the Company has not been changed.
Effective at the opening on Thursday, February 28, 2013, the common shares of North Arrow Minerals Inc. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration and Development' company.
Post - Consolidation Capitalization: Escrow: |
Unlimited 7,439,747 Nil |
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: |
NAR 657280202 |
(UNCHANGED) (new) |
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NORTHERN FRONTIER CORP. ("FFF.P")
[formerly Frontier Acquisition Corp. ("FFF.P")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: February 27, 2013
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders February 15, 2013, the Company has consolidated its capital on a 15 old for 1 new basis. The name of the Company has also been changed as follows.
Effective at the opening on Thursday, February 28, 2013, the common shares of Northern Frontier Corp. will commence trading on TSX Venture Exchange, and the common shares of Frontier Acquisition Corp. will be delisted. The Company is classified as a 'Capital Pool Company' company.
Post - Consolidation Capitalization: Escrow: |
Unlimited 918,533 245,000 |
shares with no par value of which shares are issued and outstanding shares are subject to escrow |
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Transfer Agent: | Alliance Trust Company | |||||||||
Trading Symbol: CUSIP Number: |
FFF.P 665159109 |
(UNCHANGED) (new) ISIN: CA 6651591092 |
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PANTHEON VENTURES LTD. ("PVX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 27, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 7, 2013:
Number of Shares: | 4,000,000 shares | ||||||||
Purchase Price: | $0.035 per share | ||||||||
Number of Placees: | 8 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.
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PASSPORT POTASH INC. ("PPI")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: February 27, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange (the "Exchange") Bulletin dated May 17, 2011, the Exchange has accepted an amendment agreement (the "Amendment Agreement") dated October 30, 2012, and a further amendment (the "Second Amendment Agreement"), dated December 8, 2012, among Passport Potash Inc. (the "Company"), North American Potash Developments Inc. (Exchange listed company, under the symbol "NPD". Formerly Ringbolt Ventures Ltd.), Potash Green, LLC ("PG"), Wendy Walker Tibbetts ("WWT") and Joseph J. Hansen ("JJH") to the Option Agreement disclosed in the May 17, 2011 bulletin.
Pursuant to the Amendment Agreement, the Company was granted the sole and exclusive option (the "Option") to acquire 100% interest in NPD's Holbrook Basin potash property in Arizona (the "Property") and to conduct a US$1.25 million exploration on the optioned property.
To exercise the Option, the Company will pay the following based on the following percentages (either directly or indirectly to each party): NPD - 70%; WWT - 20%; and JJH - 10% (all figures are in US$, unless otherwise stated):
|
CASH | |
SHARES | |
WORK EXPENDITURES |
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Upon execution of the Option Agreement - PAID | $50,000 | nil | $nil | |||||||||
Upon TSX Venture Exchange approval ("TSXV Approval") - PAID |
$250,000 |
1,000,000 |
$nil |
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Within 1 year of TSXV Approval - incurred on or before the 1st Anniversary of TSXV Approval - PAID |
$nil $350,000 |
nil 1,400,000 |
$500,000 $nil |
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Within 1 year of 1st Anniversary of TSXV Approval - incurred |
$nil |
nil |
$750,000 |
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Upon execution of the Amendment Agreement | $150,000 | nil | $nil | |||||||||
To be escrowed within 3 business days of TSXV approval of the Amendment Agreement on or before October 31, 2014 |
$2,450,000 $1,250,000 |
750,000 nil |
$nil |
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Should the Company, or any subsidiary or affiliate of the Company, sell or in any way transfer its interest in the Property, the Company will make a bonus payment to the vendors (based on the above referenced percentages) in accordance with the following:
- If the Company receives less than $30 million for the sale of the Property, no bonus payment shall be payable;
- If the Company receives greater than $30 million but less than $40 million for the sale of the Property, the Company would pay a bonus payment equal to 20% of the gross consideration in excess of $30 million;
- If the Company receives greater than $40 million but less than $50 million for the sale of the Property, the Company would pay a bonus payment equal to $2 million plus 10% of the gross consideration in excess of $40 million; and
- If the Company receives greater than $50 million for the sale of the Property, the Company would pay a bonus payment equal to $3 million plus 20% of gross consideration in excess of $50 million.
Please refer to the Company's news release dated October 31, 2012 for additional information.
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ZTEST ELECTRONICS INC. ("ZTE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 27, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 20, 2012:
Number of Shares: | 2,200,000 shares | |||||||||||
Purchase Price: | $0.08 per share | |||||||||||
Warrants: | 1,100,000 share purchase warrants to purchase 1,100,000 shares | |||||||||||
Warrant Exercise Price: | $0.10 for a three year period | |||||||||||
Number of Placees: | 6 placees | |||||||||||
Insider / Pro Group Participation: | ||||||||||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
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Daniel A. Smith | P | 200,000 | ||||||||||
Finder's Fee: | $10,560 in cash payable to Minjay Holdings Ltd. | |||||||||||
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 February 5, 2013 and February 6, 2013.
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NEX COMPANY:
FIRST URANIUM CORPORATION ("FIU.H")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: February 27, 2013
NEX Company
The Issuer has declared the following distribution(s):
Distribution per Unit*: Payable Date: Record Date: Ex-Distribution Date: Due Bill Redemption Date: |
Cdn$0.102 March 18, 2013 March 15, 2013 March 19, 2013 March 21, 2013 |
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* Each listed Unit is comprised of 87.5 Class A Special Shares and 1 Class B Common Share. The distribution declaration is completed by way of the redemption of 10.2 Class A Special Shares at a price of Cdn$0.01 per Class A Special Share for every 87.5 of the Class A Special Shares of the Issuer included in each Unit , for a total of Cdn$0.102, per Unit.
DUE BILL TRADING
The Issuer has declared a special cash distribution of $0.102 per Unit payable March 18, 2013 to shareholders of record March 15, 2013. The Units will commence trading on a "due bills" basis on NEX effective from the opening on March 13, 2013 to and including the Payment date: March 18, 2013. Sellers of the Units on NEX from March 13, 2013 to and including March 18, 2013 will not be entitled to the distribution and any distribution payments received in accounts will be withdrawn. Holders including buyers on March 18, 2013 will be entitled to receive the distribution. The Units will commence trading on NEX on an ex-distribution basis effective from the opening on March 19, 2013. Also, note that for entitlement of the distribution, the last trading day to purchase the Units on NEX will be March 18, 2013.
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NORROCK REALTY FINANCE CORPORATION ("RF.H")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: February 27, 2013
NEX Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated February 13, 2013, effective at 12:55 p.m., February 27, 2013, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Change of Business and/or Reverse Takeover 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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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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