VANCOUVER, July 3, 2013 /CNW/ -
TSX VENTURE COMPANIES:
ARGENTEX MINING CORPORATION ("ATX")
BULLETIN TYPE: Halt
BULLETIN DATE: July 3, 2013
TSX Venture Tier 2 Company
Effective at 5:42 a.m., PST, July 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.
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ARGENTEX MINING CORPORATION ("ATX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 3, 2013
TSX Venture Tier 2 Company
Effective at 12:15 p.m., PST, July 3, 2013, shares of the Company resumed trading, an announcement having been made.
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CLAIM POST RESOURCES INC. ("CPS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 3, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a Purchase and Sale Agreement (the "Agreement") dated June 18, 2013 between Gossan Resources Limited (the "Vendor") and Claim Post Resources Inc. (the "Company"). Pursuant to the Agreement, the Company will acquire a 100% interest in the Manigotagan Property, which consists of 9 quarry leases and is located near Seymourville, Manitoba.
In consideration the Company shall pay an aggregate of up to $1,380,000 over a two year period. At the Company's option, an aggregate of up to 3,000,000 common shares may be issued to the Vendors in lieu of the initial $250,000.
For more information, refer to the Company's news release dated June 25, 2013.
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CROWN POINT ENERGY INC. ("CWV")
BULLETIN TYPE: Halt
BULLETIN DATE: July 3, 2013
TSX Venture Tier 2 Company
Effective at 10:35 a.m., PST, July 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.
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ELM TREE MINERALS INC. ("ETM")
BULLETIN TYPE: Consolidation
BULLETIN DATE: July 3, 2013
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders June 14, 2013, the Company has consolidated its capital on a five (5) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening on Thursday, July 4, 2013, the shares of Elm Tree Minerals Inc. 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 | |||||
2,607,830 | shares are issued and outstanding | ||||||
Escrow | Nil | shares are subject to escrow | |||||
Transfer Agent: | Computershare Trust Company of Canada | ||||||
Trading Symbol: | ETM | (UNCHANGED) | |||||
CUSIP Number: | 29001P201 | (new) | |||||
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EQUITORIAL EXPLORATION CORP. ("EXX")
[formerly Equitorial Capital Corp. ("EXX")]
BULLETIN TYPE: Name Change
BULLETIN DATE: July 3, 2013
TSX Venture Tier 2 Company
Pursuant to a resolution passed June 17, 2013, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening on Thursday, July 4, 2013, the common shares of Equitorial Exploration Corp. will commence trading on TSX Venture Exchange, and the common shares of Equitorial Capital Corp. will be delisted. The Company is classified as a 'Mineral Exploration/Development' company.
Capitalization: | Unlimited | shares with no par value of which | |||||
14,848,500 | shares are issued and outstanding | ||||||
Escrow: | 4,873,500 | escrowed shares | |||||
Transfer Agent: | Computershare Investor Services Inc. | ||||||
Trading Symbol: | EXX | (UNCHANGED) | |||||
CUSIP Number: | 294598107 | (new) | |||||
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GLOBAL COBALT CORPORATION ("GCO")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: July 3, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 108,108 bonus shares to Martini Coast Holdings Inc. in consideration of a loan of $200,000. This loan was made pursuant to an amended loan agreement between the parties dated April 10, 2013.
Please refer to the Company's news release of May 31, 2013 for further details.
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GOLD JUBILEE CAPITAL CORP. ("GJB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 3, 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 May 23, 2013:
Number of Shares: | 1,710,000 non-flow through shares | |||||
Purchase Price: | $0.05 per share | |||||
Number of Placees: | 10 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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GOLDSTAR MINERALS INC. ("GDM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 3, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a mineral property purchase and sale agreement dated October 30, 2012 (the 'Agreement') between the Company and Sylvie Charbonneau (the 'Vendor'). Pursuant to the terms of the Agreement, the Company may acquire 100% of eighty (80) mining claims in Mont-Laurier, Quebec (the 'Property'). By way of consideration, the Company will make a cash payment to the Vendor of $8,480 and issue 100,000 shares of the Company.
In the event that the Property attains commercial production the Company will be required to pay $500,000 to the Vendor.
Please refer to the Company's news release of December 3, 2012 for further details.
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KALLISTO ENERGY CORP. ("KEC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 3, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a Farmout and Settlement Agreement dated May 29, 2013 (the "Agreement") between 1446185 Alberta Ltd. and Richards Oil & Gas Limited (together, the "Farmor") and Kallisto Energy Corp. (the "Company") pursuant to which the Company will participate in the drilling of up to two wells targeting Cardium light oil on certain lands in the Minnehik - Buck Lake area of Alberta by paying 62.5% of the costs to drill, complete and equip or abandon the wells, thereby earning a 75% working interest in up to two sections of land. For entering into the Agreement, the Company will accept of a settlement amount of approximately $858,688 as full and final satisfaction of the indebtedness owing to the Company.
Insider / Pro Group Participation: | None | |||||
For further information please refer to the Company's press release dated May 30, 2013.
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KING'S BAY GOLD CORPORATION ("KBG")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 3, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated June 26, 2013, effective at the opening, Thursday, July 4, 2013, trading in the shares of the Company will resume as the Company has now met the Exchange requirement of having at least three directors per Policy 3.1. Please refer to the Company's press release dated June 26, 2013 for further information.
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MART RESOURCES INC. ("MMT")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: July 3, 2013
TSX Venture Tier 2 Company
The Issuer has declared the following dividend(s):
Dividend per Common Share: | $0.05 | |||||
Payable Date: | July 18, 2013 | |||||
Record Date: | July 10, 2013 | |||||
Ex-Dividend Date: | July 8, 2013 | |||||
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OCTANT ENERGY CORP. ("OEL")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: July 3, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,822,916 shares to settle outstanding debt for $182,291.69.
Number of Creditors: | 1 Creditor | |||||
Insider / Pro Group Participation: | ||||||||||||||||
Insider=Y / | Amount | Deemed Price | ||||||||||||||
Creditor | Progroup=P | Owing | per Share | # of Shares | ||||||||||||
Richard Schmitt | Y | $182,291.69 | $0.10 | 1,822,916 | ||||||||||||
The Company shall issue a news release when the shares are issued and the debt extinguished.
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PEAK POSITIONING TECHNOLOGIES INC. ("PKK")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: July 3, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 498,000 common shares at a deemed issue price of $0.05 per share, in settlement of certain services provided to the Company.
Number of Creditor: | 1 creditor | |||||
The Company has confirmed the issuance of these shares pursuant to press releases dated June 12, 2013 and June 21, 2013.
LES TECHNOLOGIES PEAK POSITIONING INC. (« PKK »)
TYPE DE BULLETIN : Émission d'actions en paiement de services
DATE DU BULLETIN : Le 3 juillet 2013
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation relativement à l'émission de 498 000 actions ordinaires additionnelles au prix réputé de 0,05 $ par action, en règlement, pour certains services fournis à la société.
Nombre de créanciers : | 1 créancier | |||||
La société a annoncé l'émission de ces actions en vertu des communiqués de presse datés des 12 et 21 juin 2013.
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RUSSELL BREWERIES INC. ("RB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 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 18, 2013:
Number of Shares: | 9,640,000 shares | |||||
Purchase Price: | $0.05 per share | |||||
Warrants: | 9,640,000 share purchase warrants to purchase 9,640,000 shares | |||||
Warrant Exercise Price: | $0.10 for a two year period. The warrants have an acceleration provision such that if the common shares trade at or above a weighted average price of $0.15 for 10 consecutive trading days, the Company may provide notice to the warrantholders that the warrants will expire in 30 days. |
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Number of Placees: | 8 placees | |||||
Insider / Pro Group Participation: | ||||||||||||
Insider=Y / | ||||||||||||
Name | ProGroup=P | # of Shares | ||||||||||
Brian Harris | Y | 1,680,000 | ||||||||||
Andrew Harris | Y | 660,000 | ||||||||||
Gary Liu | Y | 1,600,000 | ||||||||||
Patrola Law Corporation (Perpinder Patrola) | Y | 1,500,000 | ||||||||||
FYI Capital Inc. (Li Yu, Dongbing Ma) | Y | 2,000,000 | ||||||||||
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. [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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SUPARNA GOLD CORP. ("SUG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 3, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a letter agreement dated June 5, 2013 between American Bonanza Gold Corp. ('AmBon') and the Company ('Suparna'). Pursuant to the letter agreement, Suparna may acquire from AmBon up to a 60% interest in certain mining claims and property (the 'Assets') comprising the Southwest target (the 'Southwest Target') at the Copperstone gold mine in La Paz County, Arizona ('Copperstone') currently operated by AmBon.
Under the terms of the Letter of Intent, AmBon has granted to Suparna the right to acquire up to a 60% interest in AmBon's leasehold right, title and interest in and to the Assets, as follows:
a) | Suparna will have the right to acquire an initial undivided 12.5% working interest in AmBon's leasehold right, title and interest in and to the Assets by expending, during the first year from the date of the definitive agreement to be entered into between AmBon and Suparna (the 'Definitive Agreement'), a minimum of $500,000 in exploration expenditures to be incurred on the Assets; |
b) | Suparna will have the right to acquire an additional undivided 12.5% working interest in AmBon's leasehold right, title and interest in and to the Assets by expending, during the second year from the date of the Definitive Agreement, a minimum of $500,000 in exploration expenditures to be incurred on the Assets; |
c) | Suparna will have the right to acquire an additional undivided 12.5% working interest in AmBon's leasehold right, title and interest in and to the Assets by expending, during the third year from the date of the Definitive Agreement, a minimum of $500,000 in exploration expenditures to be incurred on the Assets; |
d) | Suparna will have the right to acquire an additional undivided 12.5% working interest in AmBon's leasehold right, title and interest in and to the Assets by expending, during the fourth year from the date of the Definitive Agreement, a minimum of $500,000 in exploration expenditures to be incurred on the Assets; and |
e) | Suparna will have the right to acquire an additional undivided 10% working interest in AmBon's leasehold right, title and interest in and to the Assets by expending, during the fifth year from the date of the Definitive Agreement, a minimum of $500,000 in exploration expenditures to be incurred on the Assets. |
During the earn-in phase, Suparna will be the operator of exploration on the Southwest Target. Once Suparna has either acquired its 60% interest in the Assets, or has ceased to make expenditures on the Southwest Target, the parties will enter into a joint venture agreement and each party will be responsible for funding its share of ongoing exploration expenses.
In addition, Suparna may elect to acquire up to $1,000,000 principal amount of a secured, convertible debenture of AmBon (the 'Debenture'). The Debenture will bear interest at 12% per annum, calculated and payable monthly, and will mature two years after its date of issue. All principal on the Debenture will be convertible into units of AmBon at the rate of $0.08 per unit. Each unit will consist of one common share and one half of one common share purchase warrant, each whole such warrant being exercisable to acquire a further common share for a period of 12 months from the date of issue of the warrant at a price of $0.12 per share.
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SYLOGIST LTD. ("SYZ")
BULLETIN TYPE: Plan of Arrangement
BULLETIN DATE: July 3, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange (the "Exchange") has accepted for filing documentation pursuant to a Court approved Plan of Arrangement (the "Arrangement") between Sylogist Ltd. (the "Company") and Epic Data International Inc. ("Epic"). Approval of the Arrangement was obtained from shareholders of Epic at a Special Meeting of Shareholders both held on June 25, 2013. Pursuant to the terms of the Arrangement, the Company will pay CDN $5 million cash consideration (net of working capital adjustments).
For further information please refer to the information circular of Epic dated May 30, 2013 and the company's news release dated May 8, 2013.
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THALLION PHARMACEUTICALS INC. ("TLN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 3, 2013
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, July 3, 2013, shares of the Company resumed trading, an announcement having been made.
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THE MEDIPATTERN CORPORATION ("MKI.H")
[formerly The Medipattern Corporation ("MKI")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: July 3, 2013
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective Thursday, July 4, 2013, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Toronto to NEX.
As of July 4, 2013, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.
The trading symbol for the Company will change from MKI to MKI.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.
Further to the TSX Venture Exchange Bulletin dated April 29, 2013, trading in the Company's securities will remain suspended.
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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UCORE RARE METALS INC. ("UCU")
BULLETIN TYPE: Prospectus- Share Offering
BULLETIN DATE: July 3, 2013
TSX Venture Tier 2 Company
Effective April 23, 2013, the Company's Prospectus dated April 23, 2013 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Nova Scotia and Ontario Securities Commissions on April 23, 2013. The prospectus has been filed under Multilateral Instrument 11-102 Passport System in British Columbia, Alberta, Saskatchewan, Manitoba, New Brunswick, Prince Edward Island and Newfoundland and Labrador. A receipt for the prospectus is deemed to be issued by the regulator in each of those jurisdictions, if the conditions of the Instrument have been satisfied.
TSX Venture Exchange has been advised that closing occurred on May 13, 2013, for gross proceeds of $5,000,000.
Underwriters: | Byron Capital Markets Ltd. | |||||
Knight Capital Americas LLC | ||||||
Offering: | 20,000,000 common share units ("Units") | |||||
Each Unit consists of one common share and one common share purchase warrant |
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Unit Price: | $0.25 per Unit | |||||
Warrant Exercise Price/Term: | Each Warrant will entitle the holder to purchase one Common Share at a price of $0.35 per Common Share for a period of 36 months. |
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Agents' Commission: | Cash commission equal to 6% of the gross proceeds of the Prospectus to be paid to the Agents. The Agents will also receive share purchase warrants (the "Broker Warrants") equal to 6% of the number of Units issued (including Units issued upon exercise of the Option). Each Broker Warrant is exercisable for one Share at the price of $0.25 per Share for a period of 36 months from date of issuance. |
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XEMPLAR ENERGY CORP. ("XE")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 3, 2013
TSX Venture Tier 2 Company
Effective at the open, Thursday, July 4, 2013, trading in the Company's shares will resume.
Further to the Company's press release dated December 3, 2012, the Company terminated the proposed Change of Business first announced June 6, 2012.
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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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