VANCOUVER, May 10, 2013 /CNW/ -
TSX VENTURE COMPANIES:
ANIMAS RESOURCES LTD. ("ANI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 10, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 4, 2013, April 29, 2013 and May 7, 2013:
Number of Shares: | 12,500,000 shares | |||||||
Purchase Price: | $0.05 per share | |||||||
Warrants: | 12,500,000 share purchase warrants to purchase 12,500,000 shares | |||||||
Warrant Exercise Price: | $0.10 for a three year period | |||||||
Number of Placees: | 22 placees | |||||||
Insider / Pro Group Participation: | ||||||||||||
Insider=Y / | ||||||||||||
Name | ProGroup=P | # of Shares | ||||||||||
Ernesto Echavarria | Y | 5,000,000 | ||||||||||
Pacific Opportunity Capital Ltd. (Mark T. Brown & Family) | Y | 2,000,000 | ||||||||||
Mark T. Brown | Y | 130,000 | ||||||||||
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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ASHBURTON VENTURES INC. ("ABR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 10, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation in connection with an Option Agreement dated April 23, 2013 between the Company and Canalaska Uranium Ltd. whereby the Company has been granted an option to earn a 50% interest in the Patterson West and Patterson North Properties that are located in Saskatchewan. The aggregate consideration is $25,000, 2,500,000 common shares payable over a two year period, 1,000,000 warrants that are exercisable into common shares at $0.10 per share for a 36 month period and $1,400,000 in exploration expenditures over a three year period. Upon the exercise of the option, the parties will be deemed to have formed a new joint venture.
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AZINCOURT RESOURCES INC. ("AAZ")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 10, 2013
TSX Venture Tier 2 Company
Effective at the open, Monday, May 13, 2013, trading in the Company's shares will resume.
This resumption of trading does not constitute acceptance of the Company's previously announced proposed acquisition of an option to acquire a 50% interest in the Patterson Lake North Property (the 'Transaction') (as described in the Company's press release of April 30, 2013), and should not be construed as an assurance of the merits of the Transaction or the likelihood of completion.
Completion of the Transaction is subject to a number of conditions, including but not limited to TSX Venture Exchange Inc. 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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CASTILLIAN RESOURCES CORP. ("CT")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture
BULLETIN DATE: May 10, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 11, 2013:
Convertible Debenture: | CDN$250,000 convertible debenture | |||||||
Conversion Price: | Convertible into common shares at $0.10 of principal outstanding per share until maturity. |
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Maturity date: | Up to one year from issuance | |||||||
Interest rate: | 10% per annum | |||||||
Number of Placees: | 1 placee | |||||||
Insider / Pro Group Participation: | ||||||||||||
Insider=Y / | ||||||||||||
Name | ProGroup=P | # of Issuable Shares | ||||||||||
Ridgemont Iron Ore Corp. | Y | up to 2,500,000 | ||||||||||
For further details, please refer to the Company's news release dated May 3, 2013.
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CAYDEN RESOURCES INC. ("CYD")
BULLETIN TYPE: Halt
BULLETIN DATE: May 10, 2013
TSX Venture Tier 1 Company
Effective at 6:24 a.m., PST, May 10, 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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CAYDEN RESOURCES INC. ("CYD")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 10, 2013
TSX Venture Tier 1 Company
Effective at 7:00 a.m., PST, May 10, 2013, shares of the Company resumed trading, an announcement having been made.
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CERRO RESOURCES NL ("CJO")
BULLETIN TYPE: Halt
BULLETIN DATE: May 10, 2013
TSX Venture Tier 1 Company
Effective at 5:00 a.m. PST, May 10, 2013, trading in the shares of the Company was halted at the request of the Company, pending delist. 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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EMEDIA NETWORKS INTERNATIONAL CORPORATION ("EMM")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: May 10, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation an Asset Purchase Agreement dated May 1, 2013 between the Company and Stingray 360 Commercial Solutions Inc. ("Stingray") pursuant to which Stingray will acquire the Company's Canadian commercial accounts for a cash transaction price of $2,027,879.
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EXTENWAY SOLUTIONS INC. ("EY")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture
BULLETIN DATE: May 10, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement:
Convertible Debenture: | $1,260,000 | |||||||
Conversion Price: | Principal is convertible into common shares at a conversion price of $0.13 per share, if the conversion is effected no later than at 5:00 pm on April 29, 2016, or $0.17 if the conversion is effected thereafter until the Maturity Date. |
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Maturity Date: | August 31, 2017 | |||||||
Interest Rate: | 12% per annum | |||||||
Number of Placees: | 3 placees | |||||||
Intermediary's fees: | IRR Capital received $62,000 in cash and non-transferable warrants to purchase 100,000 common shares at an exercise price of $0.13 per common share until the third anniversary of the closing date or $0.17 per share if exercised during a period of two years thereafter. |
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The Company has announced the closing of the Private Placement via the issuance of a press release dated April 25, 2013.
SOLUTIONS EXTENWAY INC. (« EY »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier, débenture convertible
DATE DU BULLETIN : Le 10 mai 2013
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier :
Débenture convertible : | 1 260 000 $ | |||||||
Prix de conversion : | Le capital est convertible en actions ordinaires au prix de conversion de 0,13 $ par action, si la conversion est effectuée le ou avant 17h00 le 29 avril 2016, ou 0,17 $ si la conversion est effectuée par la suite jusqu'à la date d'échéance. |
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Date d'échéance : | 31 août 2017 | |||||||
Taux d'intérêt : | 12 % par année | |||||||
Nombre de souscripteurs : | 3 souscripteurs | |||||||
Honoraires d'intermédiation: | IRR Capital a reçu 62 000 $ en espèces et des bons de souscription non- transférables permettant de souscrire 100 000 actions ordinaires au prix d'exercice de 0,13 $ par action ordinaire d'ici au troisième anniversaire de la clôture et 0,17 $ par action pendant les deux années suivantes. |
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La société a annoncé la clôture du placement privé par voie d'émission d'un communiqué de presse daté du 25 avril 2013.
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FJORDLAND EXPLORATION INC. ("FEX")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: May 10, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an agreement (the 'Agreement') between Fjordland Exploration Inc. ('Fjordland') and Sumac Mines Ltd. ('Sumac'), a subsidiary of Sumitomo Metal Mining Co. of Japan, whereby Sumac has been granted the option to earn a 51% interest in Fjordland's Dillard porphyry property (the 'Property').
Under the terms of the Agreement, Sumac has the option to earn the 51% interest in the Property by making aggregate expenditures of $3,500,000 over a three year period.
Please refer to Fjordland's news release dated April 4, 2013 for further information.
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GREAT ATLANTIC RESOURCES CORP. ("GR")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 10, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 3,576,827 shares to settle outstanding debt for $0.05.
Number of Creditors: | 6 Creditors | |||||||
Insider / Pro Group Participation: | ||||||||||||||||||||||||
Insider=Y / | Amount | Deemed Price | ||||||||||||||||||||||
Creditor | Progroup=P | Owing | per Share | # of Shares | ||||||||||||||||||||
Sorbara Geological Consulting (J. Paul Sorbara) | Y | $2,862.35 | $0.05 | 57,247 | ||||||||||||||||||||
The Company shall issue a news release when the shares are issued and the debt extinguished.
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ICO THERAPEUTICS INC. ("ICO")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 10, 2013
TSX Venture Tier 2 Company
Effective at 8:00 a.m., PST, May 10, 2013, shares of the Company resumed trading, an announcement having been made.
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INTERTAINMENT MEDIA INC. ("INT")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: May 10, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
Special Warrants: | ||||||||
# of Warrants: | 9,880,136 | |||||||
Original Expiry Date of Warrants: | May 13, 2013 | |||||||
New Expiry Date of Warrants: | June 17, 2013 | |||||||
Forced Exercise Provision: | If the closing price for the Company's shares is $0.16 or greater for a period of 10 consecutive trading days, then the warrant holders will have 30 days to exercise their warrants; otherwise the warrants will expire on the 31st day. |
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Original Exercise Price of Warrants: | $2.00 | |||||||
Previously Amended Exercise Price of Warrants: | $0.13 | |||||||
These warrants were issued pursuant to a private placement of 19,760,271 special warrants at $1.20 per special warrant, which was accepted for filing by the Exchange effective June 14, 2011, and previously amended, which was accepted for filing by the Exchange effective March 1, 2013.
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PENFOLD CAPITAL ACQUISITION IV COrporation ("SEL")
[formerly Penfold Capital Acquisition IV Corporation ("PLD.P")]
BULLETIN TYPE: Qualifying Transaction-Completed, Symbol Change, Reinstated for Trading
BULLETIN DATE: May 10, 2013
TSX Venture Tier 2 Company
Qualifying Transaction:
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction ("QT") described in its Filing Statement dated April 25, 2013. As a result, at the opening on Monday, May 13, 2013, the Company will no longer be considered a Capital Pool Company. The QT includes the following:
The QT consists of the arm's length acquisition by the Company of all of the issued and outstanding shares of SLM Logistics Corporation ("SLM"). The acquisition was completed on May 8, 2013 pursuant to the terms of the acquisition agreement dated July 3, 2012 entered into between the Company and SLM. The Company issued a total of 33,474,745 common shares and 4,395,291 warrants in exchange for all of the issued and outstanding securities of SLM including 24,000,000 common shares issued in exchange for all 70 pre-transaction shares of SLM, and an additional 9,474,745 common shares and 4,395,291 warrants ("Company Warrants") for securities of SLM issued in transactions completed in connection with the QT.
Immediately prior to the closing of the QT, SLM issued: (i) 5,511,945 units pursuant to a debt conversion agreement with Vito Buffone at a deemed price of $0.11 per unit (the "SLM Debt Conversion")(each unit (a "Unit") consisted of one common share of SLM ("SLM Share") and one half of one common share purchase warrant ("SLM Warrants")); (ii) 1,000,000 SLM Shares and 500,000 SLM Warrants pursuant to the conversion of the SLM Series A Debentures (the "SLM Series A Debenture Conversion"); and (iii) an aggregate of 684,164 SLM Shares pursuant to a debt conversion agreement with BlackBirch Capital Inc. dated January 25, 2012 (the "BlackBirch Debt Conversion"), consisting of 616,364 SLM Shares at a deemed price of $0.11 per SLM Share and 67,800 SLM Shares at a deemed price of $0.25 per SLM Share. Concurrently with the completion of the QT, SLM also closed a private placement (the "Private Placement") of 2,278,636 Units at an issue price of $0.11 per Unit for gross proceeds of $250,650.
The Company issued one common share for each SLM Share, and one Company Warrant in exchange for each SLM Warrant, issued pursuant to the Private Placement, the SLM Debt Conversion, the SLM Series A Debenture Conversion and the BlackBirch Debt Conversion. Each Company Warrant entitles the holder thereof to acquire one Company common share at an exercise price of $0.15 per Company common share for a period of 2 years from the completion of the QT.
A total of 29,511,945 common shares and 2,755,973 warrants issued by the Company as part of the QT are subject to escrow pursuant to an Exchange Tier 2 Surplus Escrow Agreement.
For further information, please refer to the Company's Filing Statement dated April 25, 2013, available on SEDAR.
Symbol Change
Effective at the opening, Monday May 13, 2013, the trading symbol for the Company will change from PLD.P to SEL.
Reinstatement for Trading:
Further to TSX Venture Exchange's Bulletins dated February 24, 2012, March 12, 2013 and April 26, 2013, trading in the securities of the Resulting Issuer will be reinstated for trading at the opening on Monday, May 13, 2013.
In addition, the Exchange has accepted for filing the following:
Corporate Jurisdiction: | Ontario | |||||||
Capitalization: | Unlimited | shares with no par value of which | ||||||
46,074,745 | shares are issued and outstanding | |||||||
Escrow: | 29,511,945 | common shares and 2,755,973 warrants are subject to Tier 2 Surplus Escrow release restrictions. |
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Transfer Agent: | Equity Financial Trust Company | |||||||||||||||
Symbol: | SEL | (NEW) | ||||||||||||||
CUSIP Number: | 70704P106 | (UNCHANGED) | ||||||||||||||
The Company is classified as an 'All Other Support Services' company. |
Company Contact: | Vito Buffone, President, CEO and Director | |||||||
Company Address: | 200 Fenmore Drive, North York, Ontario M9L 1M6 | |||||||
Company Fax Number: | (416) 743-7173 | |||||||
Company Email Address: | [email protected] | |||||||
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RIO GRANDE MINING CORP. ("RGV")
BULLETIN TYPE: Consolidation
BULLETIN DATE: May 10, 2013
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders April 29, 2013, the Company has consolidated its capital on a (7) seven old for (1) one new basis. The name of the Company has not been changed.
Effective at the opening, Monday, May 13, 2013, the shares of Rio Grande Mining Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'junior natural resource - mining' company.
Post - Consolidation | ||||||||
Capitalization: | unlimited | shares with no par value of which | ||||||
5,423,833 | shares are issued and outstanding | |||||||
Escrow | nil | shares | ||||||
Transfer Agent: | Equity Financial Trust Company | |||||||||||
Trading Symbol: | RGV | (UNCHANGED) | ||||||||||
CUSIP Number: | 767103 30 2 | (new) | ||||||||||
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SOFAME TECHNOLOGIES INC. ("SDW")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 10, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement announced on August 31, 2012:
Number of Shares: | 3,000,000 common shares | |||||
Purchase Price: | $0.02 per common share | |||||
Warrants: | 1,500,000 warrants to purchase 1,500,000 common shares | |||||
Warrant exercise price: | $0.05 for 12 months following the closing of the Private Placement | |||||
Number of Placees: | 3 placees | |||||
The Company has announced the closing of the Private Placement by news release dated March 15, 2013.
SOFAME TECHNOLOGIES INC. (« SDW »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 10 mai 2013
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier, tel qu'annoncé le 31 août 2012 :
Nombre d'actions : | 3 000 000 d'actions ordinaires | |||||||
Prix : | 0,02 $ par action | |||||||
Bons de souscription : | 1 500 000 bons de souscription permettant de souscrire à 1 500 000 actions ordinaires |
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Prix d'exercice des bons : | 0,05 $ pendant 12 mois suivant la clôture du placement privé | |||||||
Nombre de souscripteurs : | 3 souscripteurs | |||||||
La société a annoncé la clôture du placement privé par communiqué de presse daté du 15 mars 2013.
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SOLARVEST BIOENERGY INC. ("SVS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 10, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 3, 2013:
Number of Shares: | 1,000,000 shares | |||||||
Purchase Price: | $0.24 per share | |||||||
Number of Placees: | 1 placee | |||||||
Insider / Pro Group Participation: | ||||||||||||
Insider=Y / | ||||||||||||
Name | ProGroup=P / | # of Shares | ||||||||||
Gerri Greenham | Y | 1,000,000 | ||||||||||
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.
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WESTERNZAGROS RESOURCES LTD. ("WZR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 10, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 20, 2013 and closed on April 4, 2013:
Number of Shares: | 51,000,000 shares | |||||||
Purchase Price: | $1.25 per share | |||||||
Number of Placees: | 1 placee | |||||||
Insider / Pro Group Participation: | ||||||||||||
Insider=Y / | ||||||||||||
Name | ProGroup=P / | # of Shares | ||||||||||
Crest Energy International LLC | Y | 51,000,000 | ||||||||||
Finder's Fee: | None | |||||||
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YELLOWJACKET RESOURCES LTD. ("YJK")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 10, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to the Orr Peninsula Uranium Property Purchase Agreement (the "Agreement") between Ryan Kalt, a Non-Arms Length Party, (the "Vendor") and the Company whereby the Company will acquire a 100% interest in the mineral claims of the Orr Peninsula Uranium Property in the Athabasca Basin region located in Northern Saskatchewan (the "Property"). In consideration, the Company will pay the Vendors $14,967.60 in cash.
The Vendor has been granted an option (the "Option") to acquire a 2% NSR on the Property for $374.19. The Vendor has up to 30 days following the closing of the transaction to exercise the Option.
Insider / Pro Group Participation: | None | |||||||
For further information please refer to the Company's press release dated March 18, 2013.
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NEX COMPANY:
POLAR RESOURCES CORPORATION ("RSN.H")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: May 10, 2013
NEX Company
Further to TSX Venture Exchange Bulletin dated October 5, 2012, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission on October 5, 2012 has been revoked.
Effective at the opening, Monday, May 13, 2013, trading will be reinstated in the securities of the Company (CUSIP 731021200).
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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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