VANCOUVER, June 11, 2013 /CNW/ -
TSX VENTURE COMPANIES:
AIRIQ INC. ("IQ")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 11, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 3,300,000 shares to settle outstanding debt for $165,000.
| Number of Creditors: | 3 Creditors | |||||
| Insider / Pro Group Participation: | ||||||||||||||||
| Insider=Y / | Amount | Deemed Price | ||||||||||||||
| Creditor | Progroup=P | Owing | per Share | # of Shares | ||||||||||||
| Mosaic Capital Partners LP | Y | $100,000 | $0.05 | 2,000,000 | ||||||||||||
| 2204671 Ontario Ltd. | Y | $75,000 | $0.05 | 1,300,000 | ||||||||||||
| (Donald Gibbs) | ||||||||||||||||
The Company shall issue a news release when the shares are issued and the debt extinguished.
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ALTITUDE RESOURCES INC. ("ALI")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: June 11, 2013
TSX Venture Tier 2 Company
Pursuant to Policy 1.2, TSX Venture Exchange has been advised of, and accepted the change of the Filing and Regional Office from Toronto to Calgary.
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CANADIAN OIL RECOVERY & REMEDIATION ENTERPRISES LTD. ("CVR")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: June 11, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation relating to a Loan Contribution Agreement (the "Agreement") dated April 30, 2013 between Ahmed Alhamdan (the "Purchaser") and Canadian Oil Recovery & Remediation Enterprises Ltd. (the "Company"). Pursuant to the Agreement, the Company shall transfer to the Purchaser 5% of its 45% interest in Sar Canadian Oil Recovery & Remediation Enterprises Mena Limited, a private company that operates independently from the Company. Sar Canadian Oil Recovery & Remediation Enterprises Mena Limited executes on oil services contracts employing the Company's suite of oil waste management solutions in the Middle East and North Africa region.
In consideration, the Company shall receive an aggregate of $562,500 over a period of eight months through an unsecured, no-interest bearing loan with a five year term.
For more information, refer to the Company's news release dated May 22, 2013.
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GEODEX MINERALS LTD. ("GXM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 11, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 16, 2013:
| Number of Shares: | 3,333,333 shares | |||||
| Purchase Price: | $0.06 per share | |||||
| Warrants: | 1,666,667 share purchase warrants to purchase 1,666,667 shares | |||||
| Warrant Exercise Price: | $0.10 for a one year period | |||||
| Number of Placees: | 1 placees | |||||
| Insider / Pro Group Participation: | ||||||||
| Insider=Y / | ||||||||
| Name | ProGroup=P | # of Shares | ||||||
| Richard Gilliam | Y | 3,333,333 | ||||||
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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GLOBAL GREEN MATRIX CORP. ("GGX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 11, 2013
TSX Venture Tier 2 Company
This is the first tranche closing
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 3, 2013:
| Number of Shares: | 8,000,000 shares | |||||
| Purchase Price: | $0.075 per share | |||||
| Number of Placees: | 5 placees | |||||
| Insider / Pro Group Participation: | None | |||||
| Finder's Fee: | $11,250 cash payable to Mountain Lodge Stiftung | |||||
| $48,750 cash payable to Brantridge Holdings | ||||||
Note additional tranches may be closed in accordance with Exchange Policy.
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GREAT THUNDER GOLD CORP. ("GTG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 11, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 16, 2013:
| Number of Shares: | 4,000,000 shares | |||||
| Purchase Price: | $0.05 per share | |||||
| Warrants: | 4,000,000 share purchase warrants to purchase 4,000,000 shares | |||||
| Warrant Exercise Price: | $0.10 for a five year period | |||||
| Number of Placees: | 13 placees |
| Insider / Pro Group Participation: | ||||||||||||
| Insider=Y / | ||||||||||||
| Name | ProGroup=P | # of Shares | ||||||||||
| 058907 NB Ltd. (Gary Robertson) | Y | 250,000 | ||||||||||
| Intermark Capital Corp. (David Wolfin) | Y | 200,000 | ||||||||||
| James A. Stewart | Y | 270,000 | ||||||||||
| The Wallace Family Trust (Glen Wallace) | Y | 530,000 | ||||||||||
| Kevin C. Whelan | Y | 1,000,000 | ||||||||||
| Aggregate Pro Group Involvement | P | 400,000 | ||||||||||
| [1 placee] | ||||||||||||
| Finder's Fee: | $3,150 payable to Haywood Securities Inc., with 63,000 warrants exercisable at $0.10 for five 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.
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LAKELAND RESOURCES INC. ("LK")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 11, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Property Option Agreement dated June 4, 2013 between Lakeland Resources Inc. (the Company) and Basin Minerals Ltd. (Cora Chau) (the Vendor) whereby the Company has been granted the option to acquire a 100% interest in two Properties (South Pine and Perch Lake) located in the Athabasca Region of Saskatchewan. Consideration is $70,000 and 1,500,000 common shares payable over four years. Upon completion of the option payments, the Company is required to make annual royalty payments of $10,000 to the Vendor. If the royalty payment is not made, the property returns 100% back to the Vendor.
The property is subject to a 2% NSR, with the Company having the right to purchase 1% (or one half) for $1,000,000, less amounts previously received by the Vendor as NSR payments.
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NORTH AMERICAN TUNGSTEN CORPORATION LTD. ("NTC")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 11, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,000,000 shares to settle outstanding debt for $163,864.
| 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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PETRO VISTA ENERGY CORP. ("PTV")
BULLETIN TYPE: Resume Trading, Reviewable Transaction-Announced
BULLETIN DATE: June 11, 2013
TSX Venture Tier 2 Company
Effective at the open, Wednesday, June 12, 2013, trading in the Company's shares will resume.
This resumption of trading does not constitute acceptance of the Reviewable Transaction, and should not be construed as an assurance of the merits of the transaction or the likelihood of completion. The Company is required to submit all of the required initial documentation relating to the transaction. IF THIS DOCUMENTATION IS NOT PROVIDED, OR IS INSUFFICIENT, A TRADING HALT MAY BE RE-IMPOSED.
Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange 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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RELENTLESS RESOURCES LTD. ("RRL")
BULLETIN TYPE: Halt
BULLETIN DATE: June 11, 2013
TSX Venture Tier 1 Company
Effective at 12:55 p.m., PST, June 11, 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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TORCH RIVER RESOURCES LTD. ("TCR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 11, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement for announced May 27, 2013 and closed on June 3, 2013:
| Number of Shares: | 2,500,000 common share units ("Units") | |||||
| Each Unit consists of one common share and one common share purchase warrant |
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| Purchase Price: | $0.03 per Unit | |||||
| Warrants: | 2,500,000 share purchase warrants to purchase 2,500,000 shares | |||||
| Warrant Exercise Price: | $0.05 for the first 12 months from issuance | |||||
| $0.10 in the second and final 12 months from issuance | ||||||
| Number of Placees: | 1 placee | |||||
| Insider / Pro Group Participation: | None | |||||
| Finder's Fee: | $6,000 cash and 200,000 share purchase warrants ("Finder Warrants") payable to Euro Pacific Canada Inc. |
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| Each Finder Warrant is exercisable for one common share at a price of $0.10 for up to 24 months from date of issuance. |
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VISIBLE GOLD MINES INC. ("VGD")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 11, 2013
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, June 11, 2013, shares of the Company resumed trading, an announcement having been made.
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WESTLAKE CAPITAL LTD. ("WLK.P")
BULLETIN TYPE: Halt
BULLETIN DATE: June 11, 2013
TSX Venture Tier 2 Company
Effective at 4:53 a.m. PST, June 11, 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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NEX COMPANIES:
HOMELAND ENERGY GROUP LTD. ("HEG.H")
BULLETIN TYPE: New Listing-Shares, Transfer and New Addition to NEX
BULLETIN DATE: June 11, 2013
NEX Company
Effective at the opening, Wednesday, June 12, 2013, the shares of the Company will commence trading on NEX.
The Company will be delisted from trading on Toronto Stock Exchange effective at the close of market on June 10, 2013. The Company no longer meets Toronto Stock Exchange continued listing requirements and also does not meet the requirements of a TSX Venture Tier 2 company.
As of June 12, 2013, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.
The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market. The Company is classified as a 'temporarily unclassified' company.
| Corporate Jurisdiction: | Canada Business Corporations Act | |||||
| Capitalization: | Unlimited | common shares with no par value of which | |||
| 472,204,149 | common shares are issued and outstanding | ||||
| Escrowed Shares: | 0 | shares | |||
| Transfer Agent: | Equity Financial Trust (Toronto) | |||||
| Trading Symbol: | HEG.H | |||||
| CUSIP Number: | 43741Y 10 9 | |||||
| Agent's Warrants: | None | |||||
| Company Contact: | Ajay Gupta (CFO) | |||||
| Company Address: | 144 Front Street West, Suite 780, Toronto, ON, M5J 2L7 | |||||
| Company Phone Number: | (416) 506-1979 | |||||
| Company Fax Number: | (416) 362-6830 | |||||
| Company Email Address: | [email protected] | |||||
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PETRO BASIN ENERGY CORP. ("PBA.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 11, 2013
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 9, 2013:
| Number of Shares: | 5,000,000 shares | |||||
| Purchase Price: | $0.02 per share | |||||
| Warrants: | 5,000,000 share purchase warrants to purchase 5,000,000 shares | |||||
| Warrant Exercise Price: | $0.05 for a one year period | |||||
| Number of Placees: | 5 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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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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