VANCOUVER, May 13, 2013 /CNW/ -
TSX VENTURE COMPANIES:
AFRICA HYDROCARBONS INC. ("NFK")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: May 13, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
Private Placement: | ||||||||
# of Warrants: | 27,777,778 Warrants |
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Expiry Date of Warrants: | June 15, 2013 |
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New Expiry Date of Warrants: | December 15, 2013 |
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Exercise Price of Warrants: | $0.30 (Unchanged) | |||||||
These warrants were issued pursuant to a private placement of 55,555,556 shares with 27,777,778 share purchase warrants attached, which was accepted for filing by the Exchange on June 15, 2012.
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ALDA PHARMACEUTICALS CORP. ("APH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 13, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 21, 2013:
Number of Shares: | 8,000,000 units | ||||||||||||
Purchase Price: | $0.10 per unit | ||||||||||||
Units Exercise Terms: | Each unit is exchangeable into a share and a warrant during the first year unless the holder simultaneously exercises or forgoes the warrants. Each warrant is exercisable into a common share at $0.30 per share in the first year, at $0.40 per share in the second year and at $0.50 per share in the third year. The warrants will be subject to an accelerated exercise provision in the event the shares trade at more than $0.10 above the exercise price for 10 consecutive trading days. |
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Number of Placees: | 42 placees | ||||||||||||
Insider / Pro Group Participation: | |||||||||||||
Insider=Y / | |||||||||||||
Name | ProGroup=P | # of Shares | |||||||||||
Aggregate Pro Group Involvement | P | 300,000 | |||||||||||
[2 Placees] |
Finder's Fee: | PI Financial Corp. - $8,160.00 | |||||||
Canaccord Genuity Corp. - $8,000.00 | ||||||||
Hamza Thindal Capital Corp. - $13,200.00 | ||||||||
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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CANTEX MINE DEVELOPMENT CORP. ("CD")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 13, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 215,334 shares at a deemed value of $0.05 per share to settle outstanding debt for $10,766.70.
Number of Creditors: | 1 Creditor | |||||||
The Company shall issue a news release when the shares are issued and the debt extinguished.
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CHALLENGER DEEP RESOURCES CORP. ("CDE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 13, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 15, 2013:
Number of Shares: | 9,316,667 shares | |||||||
Purchase Price: | $0.15 per share | |||||||
Warrants: | 9,316,667 share purchase warrants to purchase 9,316,667 shares | |||||||
Warrant Exercise Price: | $0.25 for a five year period, subject to an accelerated expiry | |||||||
Number of Placees: | 52 placees | |||||||
Insider / Pro Group Participation: | |||||||||||||
Insider=Y / | |||||||||||||
Name | ProGroup=P | # of Shares | |||||||||||
Kudu Partners LP (William A. Lupien) | Y | 1,500,000 | |||||||||||
Fastnet Limited (Ranjeet Sundher) | Y | 666,666 | |||||||||||
Aggregate Pro Group Involvement | P | 400,000 | |||||||||||
[3 placees] |
Finder's Fee: | $720 payable to Jennings Capital Inc., with 4,800 warrants exercisable at $0.25 for one year |
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$20,004 payable to Canaccord Genuity Corp., with 133,360 warrants exercisable at $0.25 for one year |
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$750 payable to Raymond James Ltd. | ||||||||
$20,400 payable to Haywood Securities Inc., with 136,000 warrants exercisable at $0.25 for one year |
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$20,800 payable to PI Financial Inc., with 138,667 warrants exercisable at $0.25 for one year |
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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.
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HEMISPHERE ENERGY CORPORATION ("HME")
BULLETIN TYPE: Company Tier Reclassification
BULLETIN DATE: May 13, 2013
TSX Venture Tier 2 Company
In accordance with Policy 2.5, the Company has met the requirements for a Tier 1 company. Therefore, effective at market open, Tuesday, May 14, 2013, the Company's Tier classification will change from Tier 2 to:
Classification |
Tier 1 - Oil and Gas Issuer |
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INTERNATIONAL LITHIUM CORP. ("ILC.WT")
BULLETIN TYPE: Warrant Expiry-Delist
BULLETIN DATE: May 13, 2013
TSX Venture Tier 2 Company
Effective at the opening, May 15, 2013, the Share Purchase Warrants of the Company will trade for cash. The Warrants expire Sunday, May 19, 2013 and will therefore be delisted at the close of business Tuesday, May 21, 2013 [Monday, May 20, 2013 is Victoria Day and the stock market is closed].
TRADE DATES |
May 15, 2013 - TO SETTLE - May 16, 2013 |
May 16, 2013 - TO SETTLE - May 17, 2013 |
May 17, 2013 - TO SETTLE - May 21, 2013 |
May 21, 2013 - TO SETTLE - May 21, 2013 |
The above is in compliance with Trading Rule C.2.18 - Expiry Date:
Trading in the warrants shall be for cash for the three trading days preceding the expiry date and also on expiry date. On the expiry date, trading shall cease at 12 o'clock noon E.T. and no transactions shall take place thereafter except with permission of the Exchange.
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NITINAT MINERALS CORPORATION ("NZZ")
BULLETIN TYPE: Halt
BULLETIN DATE: May 13, 2013
TSX Venture Tier 2 Company
Effective at 6:43 a.m., PST, May 13, 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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NITINAT MINERALS CORPORATION ("NZZ")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: May 13, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated May 13, 2013, effective at 6:45 a.m.,
May 13, 2013, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Fundamental Acquisition pursuant to TSXV Listings Policy 5.6(d) of Exchange Policy 5.3. 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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PETRO OCCIDENTE CAPITAL CORP. ("OPP.P")
BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction within 24 months of Listing
BULLETIN DATE: May 13, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated April 12, 2013, effective at the open, Tuesday, May 14, 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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POCML 2 INC. ("PCC.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: May 13, 2013
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Prospectus dated March 28, 2013 has been filed with and accepted by TSX Venture Exchange and the Ontario, Alberta and British Columbia Securities Commissions effective April 1, 2013, pursuant to the provisions of the respective Securities Acts. The Common Shares of the Company will be listed on TSX Venture Exchange on the effective date stated below.
The Company has completed its initial distribution of securities to the public. The gross proceeds received by the Company for the Offering were $300,000 (2,000,000 common shares at $0.15 per share).
Commence Date: | At the opening on Tuesday, May 14, 2013, the Common shares will commence trading on TSX Venture Exchange. |
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Corporate Jurisdiction: | Ontario | |||||||||||||||
Capitalization: | Unlimited | common shares with no par value of which | |||||||
6,000,000 | common shares are issued and outstanding | ||||||||
Escrowed Shares: | 4,000,000 | common shares |
Transfer Agent: | Equity Financial Trust Company | |||||||
Trading Symbol: | PCC.P | |||||||
CUSIP Number: | 69353Q100 | |||||||
Agent: | Macquarie Private Wealth Inc. | |||||||
Agent's Options: | 160,000 non-transferable stock options. One option to purchase one share at $0.15 per share for up to 24 months. |
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For further information, please refer to the Company's Prospectus dated March 28, 2013. |
Company Contact: | David D'Onofrio, CEO, CFO, Secretary & Director | ||||||||
Company Address: | 130 King Street West, Suite 2210 | ||||||||
Toronto, ON M5X 1E4 | |||||||||
Company Phone Number: | 416-643-3880 | ||||||||
Company Fax Number: | 416-362-7360 | ||||||||
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SONOMAX TECHNOLOGIES INC. ("SHH")
BULLETIN TYPE: Delist
BULLETIN DATE: May 13, 2013
TSXV Tier 2 Company
Effective at the close of business Wednesday, May 22, 2013, the common shares will be delisted from TSX Venture Exchange at the request of the Company.
For more information, please consult the Company's press release dated May 8, 2013.
SONOMAX TECHNOLOGIES INC. (« SHH »)
TYPE DE BULLETIN : Radiation de la cote
DATE DU BULLETIN : Le 13 mai 2013
Société du groupe 2 de TSX Croissance
Les actions ordinaires de la société seront radiées de la cote de la Bourse de croissance TSX, en vigueur à la fermeture des affaires le mercredi le 22 mai, 2013, et ce à la demande de la société.
Pour plus de renseignement, veuillez consulter le communiqué presse émis par la société et datée du 8 mai 2013.
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TERRACO GOLD CORP. ("TEN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 13, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of; (i) a royalty purchase agreement (the "Schmidt Agreement") dated April 21, 2013 between Terraco Gold Corp. (the "Company"), TGC Holdings Ltd. ("TGC", a wholly owned subsidiary of the Company, and together with the Company, the "Terraco Parties"), Mary Ann Schmidt, as personal representative of the estate of Paul G. Schmidt ("Schmidt") and (ii) a royalty purchase and option agreement (the "MF2 Agreement") dated April 21, 2013 between TGC and MF2, LLC ("MF2"). Schmidt holds a 1% sliding scale net smelter returns royalty (the "Royalty") from the production of mineral claims located in Pershing County, Nevada.
Pursuant to the Schmidt Agreement TGC will acquire the Royalty from Schmidt in consideration of US$4,200,000 (the"Cash Consideration") and 800,000 common shares of the Company. The Terraco Parties require the financial assistance of a strategic investor to finance the Cash Consideration. As a result, pursuant to the MF2 Agreement: (i) concurrent with TGC's purchase of the Royalty pursuant to the Schmidt Agreement, MF2 will acquire the Royalty from TGC for US$5,200,000; (ii) at TGC's direction MF2 will pay US$4,200,000 of the US$5,200,000 to Schmidt; (iii) TGC will retain US$1,000,000 of the US$5,200,000; and (iv) MF2 will grant to TGC an option to acquire 50% of the Royalty (the "Option"). The Option is exercisable by TGC paying MF2 US$2,600,000 within the earlier of: (a) December 31, 2016; or (b) one year of a change of control of either of the Terraco Parties.
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WESTERNZAGROS RESOURCES LTD. ("WZR")
BULLETIN TYPE: Private Placement-Non-Brokered, Correction
BULLETIN DATE: May 13, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated May 10, 2013, the Bulletin should have read as follows:
Insider=Y / | ||||||||||||
Name | ProGroup=P / | # of Shares | ||||||||||
Jasmine Capital Investments Pte. Ltd. | Y | 9,147,271 | ||||||||||
Crest Energy International LLC | Y | 2,284,151 | ||||||||||
The rest of the Bulletin remains unchanged.
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NEX COMPANY:
CASTLE MOUNTAIN MINING COMPANY LIMITED. ("CMM")
[formerly Foxpoint Capital Corp. ("FXC.H")]
BULLETIN TYPE: Qualifying Transaction-Completed, Name Change, Symbol Change, Graduation from NEX to TSX Venture, Reinstated for Trading
BULLETIN DATE: May 13, 2013
NEX Company
Qualifying Transaction-Completed:
TSX Venture Exchange has accepted for filing the Castle Mountain Mining Company Limited's (formerly Foxpoint Capital Corp.) (the "Company") Qualifying Transaction described in its Management Information Circular dated March 22, 2013. As a result, at the opening, Tuesday, May 14, 2013, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following:
Pursuant to the acquisition agreement dated November 2, 2012, as amended February 1, 2013, between the Company, Telegraph Gold Inc. ("Telegraph"), and 2308800 Ontario Inc., a wholly-owned subsidiary of the Company ("Subco"), the Company has indirectly acquired all of the issued and outstanding shares of Telegraph through the amalgamation of Telegraph and Subco. As consideration for the acquisition, the Company has issued 48,290,068 common shares and 3,660,034 replacement common share purchase warrants to the shareholders of Telegraph.
For further information, please refer to the Company's Management Information Circular dated March 22, 2013, available on SEDAR.
Name Change
Pursuant to the articles of amendment dated April 25, 2013, the Company has changed its name to Castle Mountain Mining Company Limited.
Symbol Change
Effective at the opening, Tuesday, May 14, 2013, the trading symbol for the Company will change from FXC.H to CMM.
Graduation from NEX to TSX Venture
The Company has met the requirements to be listed as a TSX Venture Tier 1 Company. Therefore, effective on Tuesday, May 14, 2013, the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 1 and the Filing and Service Office will change from NEX to TSX Venture's Toronto office.
Reinstated for Trading:
Further to TSX Venture Exchange's Bulletins dated September 16, 2011, June 8, 2012 and September 10, 2012, trading in the securities of the Resulting Issuer will be reinstated for trading at the opening, Tuesday, May 14, 2013.
In addition, the Exchange has accepted for filing the following:
Corporate Jurisdiction: | Ontario | ||||||||
Capitalization: | Unlimited | shares with no par value of which | |||||||
52,539,168 | shares are issued and outstanding | ||||||||
Escrow: | 5,971,732 | common shares, 3,050,000 options and 246,700 warrants are subject to Tier 1 Value Escrow; |
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10,750,001 | common shares are subject to Tier 1 Surplus Escrow; and |
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2,950,000 | common shares and 450,000 options are subject to the existing CPC escrow agreement. |
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Transfer Agent: | Equity Financial Trust Company | |||||||||||
Symbol: | CMM | (NEW) | ||||||||||
CUSIP Number: | 148463102 | (NEW) | ||||||||||
The Company is classified as a 'Gold Mining' company.
Company Contact: | Gordon McCreary, President and Chief Executive Officer | |||||||
Company Address: | Castle Mountain Mining Company Limited | |||||||
83 Yonge Street, Suite 200 | ||||||||
Toronto, ON M5C 1S8 | ||||||||
Company Phone Number: | (416) 640-1933 | |||||||
Company Fax Number: | (416) 640-1928 | |||||||
Company Email Address: | [email protected] | |||||||
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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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