VANCOUVER, March 5, 2013 /CNW/ -
TSX VENTURE COMPANIES:
AGUILA AMERICAN GOLD LIMITED ("AGL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 5, 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 January 30, 2013:
| Number of Shares: | 4,070,000 shares | |||||||
| Purchase Price: | $0.10 per share | |||||||
| Warrants: | 2,035,000 share purchase warrants to purchase 2,035,000 shares at $0.15 per share for a two year period |
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| 2,035,000 share purchase warrants to purchase 2,035,000 shares at $0.25 per share for a two year period. |
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| Number of Placees: | 12 placees |
| Insider / Pro Group Participation: | ||||||||
| Insider=Y / | ||||||||
| Name | ProGroup=P | # of Shares | ||||||
| Duster Capital Corp. (Dusan Berka) | Y | 50,000 | ||||||
| Christopher Verrico | Y | 500,000 | ||||||
| John Huguet | Y | 250,000 |
| Finder's Fee: | Jordan Capital Markets Inc. - $4,000.00 and 40,000 Finder's Warrants that are exercisable into common shares at $0.25 per share for a two year period. |
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| Wolverton Securities Ltd. - $5,360.00 and 53,600 Finder's Warrants that are exercisable into common shares at $0.25 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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CANOEL INTERNATIONAL ENERGY LTD. ("CIL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 5, 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 Units: | 11,176,666 common share units ("Units") | |||||
| Each Unit consists of one common share and one common share purchase warrant. |
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| Purchase Price: | $0.06 per Unit | |||||
| Warrants: | 11,176,666 share purchase warrants to purchase 11,176,666 shares | |||||
| Warrant Exercise Price: | $0.10 until expiry on March 4, 2015 | |||||
| Number of Placees: | 9 placees |
| Insider / Pro Group Participation: | ||||||||
| Insider=Y / | ||||||||
| Name | ProGroup=P | # of Units | ||||||
| Andrea Cattaneo | Y | 2,250,000 | ||||||
| Pole Position SRL (Luigi Regis Milano) | Y | 333,333 | ||||||
| Finder's Fee: | None | ||||||||||
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CAPITAL BLF INC. ("BLF")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 5, 2013
TSX Venture Tier 2 Company
Effective at the Open, PST, March 5, 2013, shares of the Company resumed trading, an announcement having been made.
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CRITICAL OUTCOME TECHNOLOGIES INC. ("COT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 5, 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: | 3,605,258 shares | |||||
| Purchase Price: | $0.14 per share | |||||
| Warrants: | 3,605,258 share purchase warrants to purchase 3,605,258 shares | |||||
| Warrant Exercise Price: | $0.26 until July 29, 2014 | |||||
| Number of Placees: | 16 placees | |||||
| Insider / Pro Group Participation: | ||||||||
| Insider=Y / | ||||||||
| Name | ProGroup=P | # of Shares | ||||||
| Gene Kelly | Y | 35,800 | ||||||
| Murray Wallace | Y | 143,000 | ||||||
| Bruno Maruzzo | Y | 35,800 | ||||||
| Douglas Alexander | Y | 35,800 | ||||||
| Wayne R. Danter | Y | 53,600 | ||||||
| Kathleen Ferguson | Y | 35,800 | ||||||
| John Drake | Y | 178,500 | ||||||
| Wellner Capital Advisors Limited | Y | 35,800 | ||||||
| Brent Norton | Y | 143,000 | ||||||
| Aggregate Pro Group Involvement | P | 2,515,215 | ||||||
| [5 placees] | ||||||||
| Finder's Fee: | An aggregate of $32,671 in cash and 232,652 finders' warrants payable to Canaccord Genuity Corp., MacDougall, MacDougall & MacTier Inc., CIBC Wood Gundy and Altus Securities Inc. Each finder's warrant entitles the holder to acquire common share at $0.20 until July 29, 2014. |
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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 release dated January 31, 2013.
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FORUM URANIUM CORP. ("FDC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 5, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the third and final tranche of a Non-Brokered Private Placement announced January 14, 2013, January 23, 2013 and February 15, 2013:
| Number of Shares: | 495,000 flow-through shares and 342,000 non-flow-through shares | |||||
| Purchase Price: | $0.40 per flow-through share and $0.35 per non-flow-through share | |||||
| Warrants: | 342,000 share purchase warrants to purchase 342,000 shares, issued with the purchase of non-flow-through shares |
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| Warrant Exercise Price: | $0.49 for a two year period | |||||
| Number of Placees: | 15 placees | |||||
| Insider / Pro Group Participation: | ||||||||
| Insider=Y / | ||||||||
| Name | ProGroup=P | # of Share | ||||||
| Aggregate Pro Group Involvement | P | 110,000 NFT, 50,000 FT | ||||||
| [2 placees] | ||||||||
| Finder's Fee: | $12,950 payable to MGI Securities Inc., with 33,250 warrants exercisable at $0.35 for two years |
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| $4,025 payable to PI Financial Corp., with 10,500 warrants exercisable at $0.35 for two years |
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| $3,846.50 payable to Leede Financial Markets Inc., with 10,990 warrants exercisable at $0.35 for two years |
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| $857.50 payable to Wolverton Securities Ltd., with 2,450 warrants exercisable at $0.35 for two years |
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| $280 payable to Macquarie Private Wealth Inc., with 700 warrants exercisable at $0.35 for two years |
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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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HFX HOLDING CORP. ("HXC.P")
BULLETIN TYPE: Notice - QT Not Completed - Approaching 24 Months of Listing
BULLETIN DATE: March 5, 2013
TSX Venture Tier 2 Company
The shares of the Company were listed on TSX Venture Exchange on April 5, 2011. The Company, which is classified as a Capital Pool Company ('CPC'), is required to complete a Qualifying Transaction ('QT') within 24 months of its date of listing, in accordance with Exchange Policy 2.4.
The records of the Exchange indicate that the Company has not yet completed a QT. If the Company fails to complete a QT by its 24-month anniversary date of April 5, 2013, the Company's trading status may be changed to a halt or suspension without further notice, in accordance with Exchange Policy 2.4, Section 14.6.
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HULDRA SILVER INC. ("HDA")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: March 5, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 29, 2013, February 6, 2013 and February 12, 2013:
| Convertible Debenture | $10,003,800 | |||||
| Conversion Price: | Convertible into 9,527,429 common shares at $1.05 of principal outstanding. | |||||
| Maturity date: | $2,505,000 - February 8, 2014 | |||||
| $375,000 - February 12, 2014 | ||||||
| $4,499,000 - February 13, 2014 | ||||||
| $2,624,000 - February 21, 2014 | ||||||
| Interest rate: | 16% per annum | |||||
| Number of Placees: | 54 placees | |||||
| Insider / Pro Group Participation: | ||||||||
| Insider=Y / | ||||||||
| Name | ProGroup=P | |||||||
| Peter Epsig | Y | $52,500 | ||||||
| Aggregate Pro Group Involvement | P | $478,800 | ||||||
| [8 placees] | ||||||||
| Finders' Fees: | Canaccord Genuity Corp. - $137,160 cash payable. | |||||||||
| Redplug Capital Corp. - $23,940 cash payable. | ||||||||||
| Golden Capital Consulting Ltd. - $194,800 cash payable. | ||||||||||
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly.
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JADELA OIL CORP. ("JOC")
BULLETIN TYPE: Warrant Price Amendment
BULLETIN DATE: March 5, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the reduction in the exercise price of the following warrants:
| Private Placement: | |
| # of Warrants: | 19,319,430 |
| Expiry Date of Warrants: | May, June, July & September of 2013 |
| Forced Exercise Provision: | If the closing price for the Company's shares is $0.30 or greater for a period of 10 consecutive trading days, the Corporation may accelerate the warrant exercise price to a date which is 20 calendar days following the date of a press release issued by the Corporation announcing the reduced warrant price. |
| Original Exercise Price of Warrants: | $1.50 & $0.75 |
| New Exercise Price of Warrants: | $0.30 |
These warrants were issued pursuant to a private placement of 19,319,430 shares with 19,319,430 share purchase warrants attached, which was accepted for filing by the Exchange.
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MANITOU GOLD INC. ("MTU")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: March 5, 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: | 1) 5,900,000 Series 2011- I Warrants | |||||
| 2) 227,039 Series 2011- II Warrants | ||||||
| Original Expiry Date of Warrants: | 1) March 29, 2013 | |||||
| 2) April 18, 2013 | ||||||
| New Expiry Date of Warrants: | 1) March 29, 2014 | |||||
| 2) April 18, 2014 | ||||||
| Exercise Price of Warrants: | $0.70 | |||||
These warrants were issued pursuant to a private placement of 6,400,000 flow through shares and 12,254,078 non flow through shares with 6,127,039 share purchase warrants attached, which was accepted for filing by the Exchange effective May 18, 2011.
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MOUNTAIN CHINA RESORTS (HOLDING) LIMITED ("MCG")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 5, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 20,600,000 shares to settle outstanding debt for US$14,900,000 as part of a larger debt restructuring announced on May 29, 2012.
| Number of Creditors: | 1 Creditor | |||||||
| Insider / Pro Group Participation: | ||||||||||||||||
| Insider=Y / | Amount | Deemed Price | ||||||||||||||
| Creditor | Progroup=P | Owing | per Share | # of Shares | ||||||||||||
| Melco Leisure and Entertainment | ||||||||||||||||
| Group Limited | Y | US$14,900,000 | $0.723 | 20,600,000 | ||||||||||||
The Company shall issue a news release when the shares are issued and the debt extinguished.
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QRS CAPITAL CORP. ("QRS")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: March 5, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,324,400 bonus shares in consideration of promissory notes in the aggregate amount of US$500,000.
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REDQUEST CAPITAL CORP. ("RQM.P")
BULLETIN TYPE: Halt
BULLETIN DATE: March 5, 2013
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, March 5, 2013, trading in the shares of the Company was halted for failure to complete a Qualifying Transaction within 24 Months of Listing. 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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REDQUEST CAPITAL CORP. ("RQM.P")
BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction within 24 months of Listing
BULLETIN DATE: March 5, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated February 5, 2013, effective at the open on Wednesday, March 6, 2013, trading in the shares of the Company will be suspended, the Company having failed to complete a Qualifying Transaction within 24 months of its listing.
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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SEARCHGOLD RESOURCES INC. ("RSG")
BULLETIN TYPE: Halt
BULLETIN DATE: March 5, 2013
TSX Venture Tier 2 Company
Effective at 8:58 a.m. PST, March 5, 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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SEARCHGOLD RESOURCES INC. ("RSG")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: March 5, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated March 5, 2013, effective at 11:25 a.m., March 5, 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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SELWYN RESOURCES INC. ("SWN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 5, 2013
TSX Venture Tier 1 Company
Effective at the Open, PST, March 5, 2013, shares of the Company resumed trading, an announcement having been made.
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SMART EMPLOYEE BENEFITS INC. ("SEB")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 5, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a Share Purchase Agreement (the "Agreement") dated March 1, 2013 between SOMOS Group of Companies and its shareholders, (the "Vendor") and Smart Employee Benefits Inc. (the "Company"). Pursuant to the Agreement, the Company shall acquire all the issued and outstanding shares of the Vendor.
In consideration, the Company shall pay an aggregate of $325,000 plus issue 2,500,000 common shares, and 1,000,000 share purchase warrants (each exercisable into one common share at a yearly escalating exercise price of $0.45, $0.55, $0.65, $0.70 and $0.75 for a five year period) and a $400,000 convertible note (convertible into common shares at a yearly escalating exercise price of $0.45, $0.55, $0.65, $0.70 and $0.75 for a five year period).
For more information refer to the Company's news release dated November 21, 2012 and March 5, 2013.
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STERLING RESOURCES LTD. ("SLG")
BULLETIN TYPE: Halt
BULLETIN DATE: March 5, 2013
TSX Venture Tier 2 Company
Effective at 6:25 a.m. PST, March 5, 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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SELWYN RESOURCES INC. ("SWN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 5, 2013
TSX Venture Tier 1 Company
Effective at the Open, PST, March 5, 2013, shares of the Company resumed trading, an announcement having been made.
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THOR EXPLORATIONS LTD. ("THX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 5, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of an Option Agreement dated March 7, 2012 between African Star Resources Inc. ("African Star", a wholly owned subsidiary of the Company) and AFC Constelor Panafrican Resources SARL and Constelor Panafrican Resources Holdings Ltd. (collectively, the "Optionor") whereby African Star may acquire a 85% participating interest in the Bongui and Legue gold permits located in Hounde greenstone belt, southwest Burkina Faso (the "Property").
The consideration payable to the Optionor consists of a cash payment of US$42,000 and the issuance of 1,666,667 common shares of the Company. In addition, there are exploration expenditure commitments of $129,000.
For further information please refer to the Company's news release dated March 12, 2012.
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TIREX RESOURCES LTD. ("TXX")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: March 5, 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 February 20, 2013 and March 1, 2013:
| Number of Shares: | 200,000 shares | |||||||
| Purchase Price: | $0.50 per share | |||||||
| Number of Placees: | 3 placees | |||||||
| Insider / Pro Group Participation: | ||||||||
| Insider=Y / | ||||||||
| Name | ProGroup=P | # of Shares | ||||||
| Aggregate Pro Group Involvement | P | 40,000 | ||||||
| [1 placee] | ||||||||
With respect to the Exchange Bulletin dated February 21, 2013, additional finder's fees are payable:
| Finders' Fees: | $5,600 and 14,000 finder's warrants payable to Carson Seabolt | |||||
| $4,200 and 14,000 finder's warrants payable to BMO Nesbitt Burns Inc. | ||||||
| $1,400 payable to Sal Western Enterprises Inc. | ||||||
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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VENTRIPOINT DIAGNOSTICS LTD. ("VPT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 5, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 539,362 common share ("Shares") at a deemed price of $0.12 per Share. Shares are to be issued in lieu of interest payments made on a convertible debenture as well as for consulting services provided to the Company.
| Number of Creditors: | 2 Creditors | |||||
| No Insider / Pro Group Participation. | ||||||
The Company shall issue a news release when the shares are issued and the debt extinguished.
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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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