VANCOUVER, May 3, 2013 /CNW/ -
TSX VENTURE COMPANIES:
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: May 3, 2013
TSX Venture Company
A Temporary Cease Trade Order has been issued by the Ontario Securities Commission on May 3, 2013 against the following company for failing to file the documents indicated within the required time period:
| Symbol | Tier | Company | Failure to File | Period | ||||||||||||||||||||
| Ending | ||||||||||||||||||||||||
| (Y/M/D) | ||||||||||||||||||||||||
| GAX | 2 | Galahad Metals Inc. | Audited annual financial statements | |||||||||||||||||||||
| for the year ended | 12/12/31 | |||||||||||||||||||||||
| Management's discussion and analysis | ||||||||||||||||||||||||
| relating to the audited annual financial | ||||||||||||||||||||||||
| statements for the year ended | 12/12/31 | |||||||||||||||||||||||
| Certification of the foregoing filings as | ||||||||||||||||||||||||
| Required by National Instrument 52-109 | ||||||||||||||||||||||||
| Certification of Disclosure in Issuers' | ||||||||||||||||||||||||
| Annual and Interim Filings | ||||||||||||||||||||||||
Upon revocation of the Temporary Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements. Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
________________________________________
BULLETIN TYPE: Cease Trade Orders
BULLETIN DATE: May 2, 2013
TSX Venture Company
A Cease Trade Order has been issued by the Alberta Securities Commission on May 2, 2013 against the following company for failing to file the documents indicated within the required time period:
| Symbol | Tier | Company | Failure to File | Period | ||||||||||||||||||||
| Ending | ||||||||||||||||||||||||
| (Y/M/D) | ||||||||||||||||||||||||
| GOV | 2 | GeoVenCap Inc. | Annual audited financial statements, | |||||||||||||||||||||
| annual management's discussion and | ||||||||||||||||||||||||
| analysis, and certification of annual | ||||||||||||||||||||||||
| filings for the year ended | 12/12/31 | |||||||||||||||||||||||
Upon revocation of the Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements. Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
________________________________________
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: May 2, 2013
TSX Venture Tier 2 Company
A Cease Trade Order has been issued by the Autorité des marchés financiers on May 2, 2013, against the following Company for failing to file the document indicated within the required time period:
| Symbol | Company | Failure to File | Period |
|||||||||||||||
| Ending | ||||||||||||||||||
| (Y/M/D) | ||||||||||||||||||
| ("JML") | Les Mines J.A.G. Ltée | Annual Financial Statements | 12/12/31 | |||||||||||||||
Upon revocation of the Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements. Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
TYPE DE BULLETIN : Interdiction d'opérations sur valeurs
DATE DU BULLETIN : Le 3 mai 2013
Société du groupe 2 de TSX Croissance
Une interdiction d'opérations sur valeurs a été émise le 2 mai 2013 par l'Autorité des marchés financiers envers la société suivante pour défaut de déposer le document indiqué dans la période prescrite :
| Symbole | Société | Défaut de déposer | Période se |
|||||||||||||||
| terminant | ||||||||||||||||||
| (A/M/J) | ||||||||||||||||||
| (« JML ») | Mines J.A.G. Ltd. | États financiers annuels | 12/12/31 | |||||||||||||||
Suite à l'interdiction d'opérations sur valeurs, la négociation des titres de la société demeurera suspendue jusqu'à ce que la société réponde aux normes de Bourse de croissance TSX. Il est interdit aux membres de transiger les titres de la société durant la période de suspension ou jusqu'à un avis ultérieur.
_________________________________________________
ALEXANDER NUBIA INTERNATIONAL INC. ("AAN")
BULLETIN TYPE: Private Placement- Non-Brokered
BULLETIN DATE: May 3, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 22, 2013:
| Number of Shares: | 5,200,000 common shares | |||||
| Purchase Price: | $0.05 per share | |||||
| Warrants: | 5,200,000 purchase warrants attached to purchase 5,200,000 shares | |||||
| Warrant Exercise Price: | $0.10 for a two year period | |||||
| Number of Placees: | 5 placees | |||||
| Insider / Pro Group Participation: | ||||||||||||
| Insider=Y / | ||||||||||||
| Name | ProGroup=P / | # of Shares | ||||||||||
| A. Alexander Massoud | Y | 1,000,000 | ||||||||||
| Mark Campbell | Y | 300,000 | ||||||||||
| Finder's Fee: | an aggregate of $3,000 is payable to Raymond James 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.
________________________________________
ASTON BAY HOLDINGS LTD. ("BAY")
[formerly Escudo Capital Corporation ("EDO.P")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Property-Asset or Share Purchase Agreement, Private Placement - Non-Brokered, Name Change, Resume Trading
BULLETIN DATE: May 3, 2013
TSX Venture Tier 2 Company
Qualifying Transaction-Completed/New Symbol:
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing Aston Bay Holdings Ltd.'s (formerly Escudo Capital Corporation) (the "Company") Qualifying Transaction described in its Filing Statement (the "Filing Statement") dated February 28, 2013. As a result, effective at the opening on Monday, May 6, 2013, the trading symbol for the Company will change from EDO.P to BAY and the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following matters, all of which have been accepted by the Exchange.
Property-Asset or Share Purchase Agreement:
The Company has entered into an arrangement agreement (the "Arrangement Agreement") dated January 11, 2013, as amended, with Aston Bay Ventures Ltd. ("Aston Bay"), a private British Columbian company, to effect the acquisition of all of the issued and outstanding common shares of Aston Bay (the "Acquisition").
Pursuant to the terms of the Arrangement Agreement, each of the issued and outstanding common shares of Aston Bay will be transferred to Escudo Capital Corp. in exchange for one common share of Escudo Capital Corp.
Aston Bay holds four prospecting permits held by Michael Dufresne on behalf of Aston Bay and has the option to acquire up to a 70% interest in four additional prospecting permits held by Commander Resources Ltd. ("Commander") pursuant to a Letter of Agreement (the "LOA") dated November 17, 2011, as amended. The prospecting permits are located on Somerset Island, Nunavut.
The Exchange has been advised that the Transaction has been completed. The full particulars of the Company's Qualifying Transaction are set forth in the Filing Statement dated February 28, 2013, which have been accepted for filing by the Exchange and which are available under the Company's profile on SEDAR.
Private Placement-Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 4, 2012 and January 14, 2013:
| Number of Shares: | 1,760,000 flow-through shares | |||||
| 1,300,000 non-flow-through shares | ||||||
| Purchase Price: | $0.25 per flow-through share | |||||
| $0.20 per non-flow-through share | ||||||
| Number of Placees: | 32 placees | |||||
| Insider / Pro Group Participation: | |||||||||||
| Insider=Y / | |||||||||||
| Name | ProGroup=P | # of Shares | |||||||||
| Richard Cohen | Y | 62,500 non-flow-through | |||||||||
| Catherine Der | Y | 62,500 non-flow-through | |||||||||
| Roycroft Holding Limited (Joseph Groia) | Y | 62,500 non-flow-through | |||||||||
| Benjamin Cox | Y | 250,000 non-flow-through | |||||||||
| Clifford Paul Boychuk | Y | 17,500 non-flow-through | |||||||||
| David Drover | Y | 400,000 flow-through | |||||||||
| John Boddie | Y | 50,000 flow-through | |||||||||
| Aggregate Pro Group Involvement | P | 100,000 non-flow-through | |||||||||
| [4 placees] | |||||||||||
| Finders' Fees: | $1,400 and 7,000 Finder's Warrants payable to Wolverton Securities Ltd. | |||||
| $1,500 and 7,500 Finder's Warrants payable to Mackie Research Capital Corporation | ||||||
| - Each Finder's Warrant is exercisable at a price of $0.25 for a one 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.
The Company is classified as a 'Mineral Exploration and Development' company.
Name Change:
Pursuant to a resolution passed by the directors on April 22, 2013, the Company has changed its name as follows. There is no consolidation of capital.
| Capitalization: | Unlimited | shares with no par value of which |
| 23,810,000 | common shares are issued and outstanding | |
| Escrow: | 1,587,500 | shares are subject to a 36 month staged release CPC escrow agreement |
| 2,300,000 | shares are subject to a 36-month staged release under a Tier 2 Surplus Security Escrow Agreement and a 2 year hold pursuant to a voluntary pooling arrangement |
|
| 890,000 | shares are subject to a 36-month staged release under a Tier 2 Surplus Security Escrow Agreement only |
|
| 2,900,000 | shares are subject to a 36-month staged release under a Tier 2 Value Security Escrow Agreement and a 2 year hold pursuant to a voluntary pooling arrangement |
|
| 245,000 | shares are subject to a 36-month staged release under a Tier 2 Value Security Escrow Agreement only |
|
| 5,200,000 | shares are subject to a 2 year hold pursuant to a voluntary pooling arrangement only |
|
| Transfer Agent: | Olympia Trust Company | |||||||||||
| Trading Symbol: | BAY | (new) | ||||||||||
| CUSIP Number: | 04624P102 | (new) | ||||||||||
Resume Trading:
Effective at the opening, Monday, May 6, 2013, the common shares of Aston Bay Holdings Ltd. will commence trading on TSX Venture Exchange, and the common shares of Escudo Capital Corp. will be delisted. The Company is classified as a 'Mineral Exploration and Development' company.
________________________________________
BURNSTONE VENTURES INC. ("BVE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 3, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 29, 2013:
| First Tranche: | |||||||
| Number of Shares: | 1,261,000 shares | ||||||
| Purchase Price: | $0.05 per share | ||||||
| Warrants: | 630,500 share purchase warrants to purchase 630,500 shares | ||||||
| Warrant Exercise Price: | $0.10 for an eighteen-month period | ||||||
| Number of Placees: | 7 placees | ||||||
| Insider / Pro Group Participation: | ||||||||||||
| Insider=Y / | ||||||||||||
| Name | ProGroup=P | # of Shares | ||||||||||
| Michael D. McInnis | Y | 290,000 | ||||||||||
| Doug Fulcher | Y | 300,000 | ||||||||||
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.
________________________________________
CLEAR MOUNTAIN RESOURCES CORP. ("CY")
BULLETIN TYPE: Warrant Term Extension, Warrant Price Amendment
BULLETIN DATE: May 3, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date and the increase in the exercise price of the following warrants:
| Private Placement: | ||||||||
| # of Warrants: | 1,700,000 | |||||||
| Original Expiry Date of Warrants: | May 2, 2013 | |||||||
| New Expiry Date of Warrants: | May 2, 2016 | |||||||
| Original Exercise Price of Warrants: | $0.10 | |||||||
| New Exercise Price of Warrants: | $0.15 | |||||||
These warrants were issued pursuant to a private placement of 1,700,000 shares with 1,700,000 share purchase warrants attached, which was completed prior to the Company's IPO.
| Private Placement: | ||||||||
| # of Warrants: | 725,000 | |||||||
| Original Expiry Date of Warrants: | June 24, 2013 | |||||||
| New Expiry Date of Warrants: | June 24, 2016 | |||||||
| Original Exercise Price of Warrants: | $0.10 | |||||||
| New Exercise Price of Warrants: | $0.15 | |||||||
These warrants were issued pursuant to a private placement of 725,000 shares with 725,000 share purchase warrants attached, which was completed prior to the Company's IPO.
________________________________________
CLEAR MOUNTAIN RESOURCES CORP. ("CY")
BULLETIN TYPE: Warrant Term Extension, Warrant Price Amendment
BULLETIN DATE: May 3, 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: | 3,000,000 | |||||
| Original Expiry Date of Warrants: | December 30, 2012 | |||||
| Extended to December 30, 2014 on December 17, 2012 | ||||||
| New Expiry Date of Warrants: | December 30, 2015 | |||||
| Exercise Price of Warrants: | $0.15 | |||||
| (Original exercise price at $0.10, increased to $0.15 on December 17, 2012) |
||||||
These warrants were issued pursuant to a private placement of 3,000,000 shares with 3,000,000 share purchase warrants attached, which was completed prior to the Company's IPO and amended on December 17, 2012.
________________________________________
CO2 SOLUTIONS INC. ("CST")
BULLETIN TYPE: Halt
BULLETIN DATE: May 3, 2013
TSX Venture Tier 2 Company
Effective at 6:34 a.m., PST, May 3, 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.
________________________________________
CO2 SOLUTIONS INC. ("CST")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 3, 2013
TSX Venture Tier 2 Company
Effective at 9:30 a.m., PST, May 3, 2013, shares of the Company resumed trading, an announcement having been made.
________________________________________
CORSA COAL CORP. ("CSO")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: May 3, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 21, 2013:
| Convertible Debenture | $10,238,000 | |||||
| Conversion Price | Convertible into common shares at $0.17 of principal outstanding. | |||||
| Maturity Date | March 21, 2016 | |||||
| Interest Rate | 8% | |||||
| Number of Placees: | 1 placee | |||||
| Insider / Pro Group Participation: | ||||||||||||
| Insider=Y / | ||||||||||||
| Name | ProGroup=P | # of Shares | ||||||||||
| QKGI New Holdings LP | Y | 60,223,530 | ||||||||||
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).
________________________________________
GGL RESOURCES CORP. ("GGL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 3, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 7, 2013. This private placement utilizes the Exchange's Temporary Relief Measures announced August 17, 2012, December 12, 2012 and April 12, 2013.
| Number of Shares: | 7,550,000 shares | |||||||
| Purchase Price: | $0.02 per share | |||||||
| Warrants: | 7,550,000 share purchase warrants to purchase 7,550,000 shares | |||||||
| Warrant Exercise Price: | $0.05 for a one year period | |||||||
| $0.10 for an additional four year period. | ||||||||
| If the volume weighted average trading price is at $0.40 or higher for 20 consecutive trading days at any time after four months and one day after closing the Company may, upon giving notice to the warrantholder, shorten the expiry date of the warrants to 30 days from the date of notice. |
||||||||
| Number of Placees: | 10 placees |
| Insider / Pro Group Participation: | ||||||||||||
| Insider=Y / | ||||||||||||
| Name | ProGroup=P | # of Shares | ||||||||||
| 888 Capital Corp. (Nick DeMare) | Y | 300,000 | ||||||||||
| John Graham | Y | 250,000 | ||||||||||
| William Meyer | Y | 250,000 | ||||||||||
| Aggregate Pro Group Involvement | P | 1,000,000 | ||||||||||
| [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.
________________________________________
GREAT BEAR RESOURCES LTD. ("GBR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 3, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a mineral agreement dated April 5, 2013 (the 'Agreement') between the Company and Steven Van Ert and Noel Cousins (the 'Vendors'). Pursuant to the terms of the Agreement, the Company may acquire 100% of certain mining claims in the Perditio oxide gold project located in Inyo County, California (the 'Property'). By way of consideration, the Company will make cash payments to the Vendors totaling $710,000 and issue a total of 6,500,000 shares, both staged over a three-year period. Upon completion of a bankable feasibility study, the Company will issue a further 2,500,000 shares to the Vendors. The Property is subject to a 3% NSR in favour of the Vendors, and the Company may repurchase up to 1% of the NSR for $500,000 per 0.5% up to the second anniversary of the effective date of the Agreement. After this date, and up to the fourth anniversary, the Company may repurchase up to 1% of the NSR for $1,000,000 per 0.5% of the NSR.
A finder's fee of $83,750 is payable in cash to an arm's length party, Transcend Resource Group Inc. (Etienne Moshevich, Charanjit Hayre). The fee will be paid in stages as cash payments and shares are issued to the Vendors under the terms of the Agreement and subject to the limits of Exchange Policy.
Please refer to the Company's news release of April 18, 2013 for further details.
________________________________________
HOUSTON LAKE MINING INC. ("HLM")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 3, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 5,000,000 common shares of the Company ("Shares") at a deemed price of $0.05 per Share to two Non-Arms Length Parties (collectively, the "Creditors") in lieu of cash for outstanding debt incurred for services rendered and invoices paid.
| Number of Creditors: | 2 Creditors | |||||||||||||||||||||||
| Insider / Pro Group Participation: | ||||||||||||||||||||||||
| Insider=Y / | Amount | Deemed Price | ||||||||||||||||||||||
| Creditor | Progroup=P | Owing | per Share | # of Shares | ||||||||||||||||||||
| Henry J. Kloepper | Y | $50,000 | $0.05 | 1,000,000 | ||||||||||||||||||||
| Reginald Walker | Y | $200,000 | $0.05 | 4,000,000 | ||||||||||||||||||||
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
MEGASTAR DEVELOPMENT CORP. ("MDV")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: May 3, 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: | 6,602,765 | |||||
| Original Expiry Date of Warrants: | July 20, 2013 | |||||
| New Expiry Date of Warrants: | July 20, 2015 | |||||
| Exercise Price of Warrants: | $0.135 | |||||
These warrants were issued pursuant to a private placement of 6,715,265 shares with 6,715,265 share purchase warrants attached, which was accepted for filing by the Exchange effective July 20, 2011.
| Private Placement: | ||||||
| # of Warrants: | 11,000,000 | |||||
| Original Expiry Date of Warrants: | June 1, 2014 | |||||
| New Expiry Date of Warrants: | June 1, 2016 | |||||
| Exercise Price of Warrants: | $0.135 | |||||
These warrants were issued pursuant to a private placement of 11,000,000 shares with 11,000,000 share purchase warrants attached, which was accepted for filing by the Exchange effective June 1, 2102.
________________________________________
METALEX VENTURES LTD. ("MTX")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: May 3, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposed issuance of 68,182 shares at a deemed price of $0.11 per share, in consideration of certain services provided to the Company for the quarter ending April 30, 2013, pursuant to an Amended Deferred Share Unit Plan for Glenn Nolan dated March 13, 2009 and effective November 14, 2008.
The Company shall issue a news release when the shares are issued.
________________________________________
METALEX VENTURES LTD. ("MTX")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: May 3, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposed issuance of 68,182 shares at a deemed price of $0.11 per share, in consideration of certain services provided to the Company for the quarter ending April 30, 2013, pursuant to an Amended Deferred Share Unit Plan for Lorie Waisberg dated February 15, 2005 and effective May 1, 2004.
The Company shall issue a news release when the shares are issued.
________________________________________
OAKHAM CAPITAL CORP. ("OKM.P")
BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction within 24 months of Listing
BULLETIN DATE: May 3, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated April 3, 2013, effective at the open on Monday,
May 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.
________________________________
QUIZAM MEDIA CORPORATION ("QQ")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 3, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 339,583 shares at a price of $0.12 per share to settle outstanding debt for $40,750.00.
| Number of Creditors: | 2 Creditors | |||||||
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
RIVA GOLD CORPORATION ("RIV")
BULLETIN TYPE: Halt
BULLETIN DATE: May 3, 2013
TSX Venture Tier 2 Company
Effective at 10:39 a.m. PST, May 3, 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.
________________________________________
SILVER SHIELD RESOURCES CORP. ("SSR")
BULLETIN TYPE: Shares for Debt, Amendment
BULLETIN DATE: May 3, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated May 1, 2013, the Bulletin should have read as follows:
TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,123,130 common shares to settle outstanding debt for $106,156.53.
| Number of Creditors: | 4 Creditors | |||||||
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
SOPHIA CAPITAL CORP. ("SCQ.P")
BULLETIN TYPE: Notice - QT Not Completed - Approaching 24 Months of Listing
BULLETIN DATE: May 3, 2013
TSX Venture Tier 2 Company
The shares of the Company were listed on the TSX Venture Exchange on June 3, 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 the 24-month anniversary date of June 3, 2013, the Company's trading status may remain as or be changed to a halt or suspension without further notice, in accordance with Exchange Policy 2.4, Section 14.6.
_____________________________________
ULTRA LITHIUM INC. ("ULI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 3, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 21, 2013:
| Number of Shares: | 90,000,000 shares | |||||
| Purchase Price: | $0.05 per share | |||||
| Warrants: | 45,000,000 share purchase warrants to purchase 45,000,000 shares | |||||
| Warrant Exercise Price: | $0.10 for a two year period | |||||
| Number of Placees: | 9 placees | |||||
| Insider / Pro Group Participation: | ||||||||||||
| Insider=Y / | ||||||||||||
| Name | ProGroup=P # of Shares | |||||||||||
| Chengdu Panjing Mining Investment Co. Ltd. (X. Chen) | Y | 20,000,000 | ||||||||||
| Chengdu Tonghui Invest. Management Corp. (J. Peng) | Y | 20,000,000 | ||||||||||
| Finders' Fees: | 5,400,000 common shares payable to 3L Financial Ltd. | |||||||
| $67,500 and 1,350,000 common shares payable to Mackie Research Capital Corporation |
||||||||
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.
________________________________________
VOLCANIC METALS CORP. ("VOL")
BULLETIN TYPE: Consolidation
BULLETIN DATE: May 3, 2013
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders on April 2, 2013, the Company has consolidated its capital on a ten (10) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening, Monday, May 6, 2013, the common shares of Volcanic Metals Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration/Development' company.
| Post - Consolidation | ||||||||||||
| Capitalization: | Unlimited | shares with no par value of which | ||||||||||
| 4,629,266 | shares are issued and outstanding | |||||||||||
| Escrow | Nil | shares | ||||||||||
| Transfer Agent: | Computershare Trust Company of Canada | |||||||||||
| Trading Symbol: | VOL | (UNCHANGED) | ||||||||||
| CUSIP Number: | 92863Q 20 4 | (new) | ||||||||||
________________________________________
NEX COMPANIES:
MONTREUX CAPITAL CORP. ("MRX.H")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: May 3, 2013
NEX Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated , 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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TRUE GRIT RESOURCES LTD. ("TGI.H")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: May 3, 2013
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 177,666 bonus shares to the following individuals/insider(s): David McCue, Allan Williams and Randy Butchard in consideration of $80,000 in loans to the Company. The unsecured loans bear interest at 10% per annum and are payable on demand.
| Insider | Loan Amount | Bonus Shares | ||||||||||
| David McCue | $25,000 | 55,500 | ||||||||||
| Allan Williams | $25,000 | 55,500 | ||||||||||
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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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