VANCOUVER, July 29, 2013 /CNW/ -
TSX VENTURE COMPANIES:
ASCOT RESOURCES LTD. ("AOT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 29, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option amending agreement dated July 19, 2013 (the 'Agreement') between the Company and Boliden Limited ('Boliden') and Rick Kasum ('Kasum'). Pursuant to the terms of the Agreement, the Company has negotiated an amendment to the schedule of payments for two previously signed option agreements, the 2007 agreement for the Dilworth Property (the '2007 Agreement') and the 2009 agreement for the Premier Property (the '2009 Agreement').
The 2007 Agreement has been amended such that the remaining option payment of $9,100,000 previously due by October 1, 2013 will now to payable as follows:
- $400,000 on or before December 30, 2013
- $400,000 on or before December 31, 2014
- $4,150,000 on or before December 31, 2015
A 5% NSR in favour of Boliden and Kasum has also been created, and may, subject to certain conditions, be repurchased by the Company for $4,150,000.
The 2009 Agreement has been amended to allow for changes to the last option payment of $20,000,000 owed to Boliden and due on October 1, 2013 as follows:
- $500,000 on or before December 30, 2013
- $500,000 on or before December 31, 2014
- $9,950,000 on or before December 31, 2015
A 5% NSR in favour of Boliden has also been created, and may, subject to certain conditions, be repurchased by the Company for $9,950,000.
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CANADIAN OVERSEAS PETROLEUM LIMITED ("XOP")
BULLETIN TYPE: Prospectus-Share Offering
BULLETIN DATE: July 29, 2013
TSX Venture Tier 2 Company
Effective July 3, 2013, the Company's Prospectus dated July 3, 2013 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Alberta and Ontario Securities Commissions on July 3, 2013. The prospectus has also been filed under Multilateral Instrument 11-102 Passport System in British Columbia, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, 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 July 25, 2013, for gross proceeds of $6,000,000.
| Agents: | FirstEnergy Capital Corp. |
| Canaccord Genuity Corp. | |
| GMP Securities L.P. | |
| Offering: | 30,000,000 shares |
| Share Price: | $0.20 per share |
| Agents' Commission: | A cash commission equal to 6.5% of the gross proceeds raised to be paid to the Agents. |
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CARIBOU KING RESOURCES LTD. ("CKR")
BULLETIN TYPE: Warrant Term Extension, Warrant Price Amendment
BULLETIN DATE: July 29, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the term extension and reduction in the exercise price of the following warrants:
| Private Placement: | |
| # of Warrants: | 4,185,000 |
| Original Expiry Date of Warrants: | July 29, 2013 |
| New Expiry Date of Warrants: | July 29, 2014 |
| Forced Exercise Provision: | If the closing price for the Company's shares is $0.125 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. |
| Original Exercise Price of Warrants: | $0.30 |
| New Exercise Price of Warrants: | $0.10 |
These warrants were issued pursuant to a private placement of 4,185,000 shares with 4,185,000 share purchase warrants attached, which was accepted for filing by the Exchange effective August 2, 2011.
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CASTLE RESOURCES INC. ("CRI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 29, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 27, 2013:
| Number of Shares: | 2,857,142 flow-through shares |
| Purchase Price: | $0.07 per share |
| Number of Placees: | 2 placees |
| Finder's Fee: | $15,000 in finders' fees payable to Secutor Capital Management Corp. |
For further details, please refer to the Company's news release dated June 27, 2013.
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CONWAY RESOURCES INC. ("CWY")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: July 29, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated July 26, 2013, trading in the shares of the Company will remain halted for failure to maintain Exchange requirements, the Company having less than 3 directors.
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FIRM CAPITAL PROPERTY TRUST ("FCD.UN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 29, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating a purchase and sale agreement (the "Agreement") dated May 7, 2013, and related documents involving an arm's length party (the "Vendor") and FC Capital Partners Fund Inc. (the "Purchaser"), a non arms length party and Firm Capital Property Trust (the "Issuer"). Pursuant to the Agreement the Purchaser shall acquire a portfolio consisting of 25 industrial buildings (the "Portfolio"), of which the Issuer shall acquire a 50% interest.
The total consideration for the Portfolio is $48.2 million, of which the Issuer shall pay $24.1 million.
For more information, refer to the Issuer's news release dated July 8, 2013.
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JASPER MINING CORPORATION ("JSP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 29, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 22, 2013:
| Number of Shares: | 728,572 shares |
| Purchase Price: | $0.07 per unit |
| Warrants: | 364,286 share purchase warrants to purchase 364,286 shares |
| Warrant Exercise Price: | $0.12 for a period of two years |
| Number of Placees: | 2 placees |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Units |
| Calalta Amusements Ltd. (Gordon Dixon) | Y | 428,572 |
| Alex Attie | Y | 300,000 |
| No Finder's Fee |
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GOBIMIN INC. ("GMN")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: July 29, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated May 1, 2013, the Exchange has been advised that the Cease Trade Order issued by the Alberta Securities Commission on May 1, 2013 has been revoked.
Effective at the open on Tuesday, July 30, 2013, trading will be reinstated in the securities of the Company.
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GOLDEN COAST ENERGY CORP. ("GCE")
[formerly Sunridge Energy Corp. ("SRG")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: July 29, 2013
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders June 6, 2013, the Company has consolidated its capital on a (four) 4 old for (one) 1 new basis. The name of the Company has also been changed as follows.
Effective at the opening, Tuesday, July 30, 2013, the common shares of Golden Coast Energy Corp. will commence trading on TSX Venture Exchange, and the common shares of Sunridge Energy Corp. will be delisted. The Company is classified as an 'Oil and Gas' company.
| Post - Consolidation | ||
| Capitalization: | Unlimited | shares with no par value of which |
| 6,914,583 | shares are issued and outstanding | |
| Escrow: | nil | shares |
| Transfer Agent: | Computershare Investor Services Inc. | |
| Trading Symbol: | GCE | (new) |
| CUSIP Number: | 38082C 10 4 | (new) |
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PUMA EXPLORATION INC. ("PUM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 29, 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 March 28, 2013:
| Number of Shares: | 2,666,666 common shares |
| Purchase Price: | $0.15 per common share |
| Warrants: | 2,666,666 warrants to purchase 2,666,666 common shares |
| Warrants Exercise Price: | $0.25 per share until March 28, 2015 |
| Number of Placees: | 8 placees |
| Finder's Fees: | Marquest Capital Markets Inc. received $10,000 in cash and 66,666 warrants, while Mr. Shawn KhunKhun received $7,500 in cash and 40,000 warrants. Each warrant entitles the Holder to purchase one common share at a price of $0.25 per share until March 28, 2015. |
The Company has confirmed the closing of the above-mentioned Private Placement.
EXPLORATION PUMA INC. (« PUM »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 29 juillet 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 28 mars 2013 :
| Nombre d'actions : | 2 666 666 actions ordinaires |
| Prix : | 0,15 $ par action ordinaire |
| Bons de souscription : | 2 666 666 bons de souscription permettant de souscrire à 2 666 666 actions ordinaires |
| Prix d'exercice des bons : | 0,25 $ l'action jusqu'au 28 mars 2015 |
| Nombre de souscripteurs : | 8 souscripteurs |
| Honoraires d'intermédiation : | Marquest Capital Markets inc. a reçu 10 000 $ en espèces et 66 666 bons de souscription. M. Shawn KhunKhun a reçu 7 500 $ en espèces et 40 000 bons de souscription. Chaque bon de souscription permet au titulaire d'acquérir une action ordinaire au prix de 0,25 $ l'action jusqu'au 28 mars 2015. |
La société a confirmé la clôture du placement privé par voie de l'émission d'un communiqué de presse.
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REBGOLD CORPORATION ("RBG")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture(s)
BULLETIN DATE: July 29, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placements announced April 16, 2013:
| Number of Shares: | 7,349,834 shares |
| Purchase Price: | $0.12 per share |
| Convertible Debentures: | CDN$510,000 |
| Conversion Price: | Convertible into common shares at $0.15 principal amount per share, subject to a ratchet-down provision and a minimum conversion price of $0.05 principle amount per share in the first year and $0.10 thereafter. |
| Maturity date: | April 2, 2015 |
| Interest rate: | 8% per annum |
| Number of Placees: | 6 placees |
| Insider / Pro Group Participation: | |||
| Insider=Y / | |||
| Name | ProGroup=P / | # of Shares | Debentures |
| Baker Steel Capital Managers LLP | Y | 7,349,834 | $510,000 |
| (aggregate amount of six managed funds) | |||
For further details, please refer to the Company's news releases dated April 30, 2013 and June 24, 2013.
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REVOLVER RESOURCES INC. ("RZ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 29, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Temporary Relief Measures Non-Brokered Private Placement announced July 3, 2013:
| Number of Shares: | 7,316,666 shares |
| Purchase Price: | $0.03 per share |
| Warrants: | 7,316,666 share purchase warrants to purchase 7,136,666 shares |
| Warrant Exercise Price: | $0.10 for a two year period |
| Number of Placees: | 17 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. [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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SOLIMAR ENERGY LIMITED ("SXS")
BULLETIN TYPE: Halt
BULLETIN DATE: July 29, 2013
TSX Venture Tier 2 Company
Effective at 5:23 a.m. PST, July 29, 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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SPECTRA7 MICROSYSTEMS INC. ("SEV")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: July 29, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced May 30, 2013:
| Number of Shares: | 9,066,666 shares |
| Purchase Price: | $0.60 per share |
| Number of Placees: | 37 placees |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Anthony Stelliga | Y | 82,500 |
| Robert Munro | Y | 10,000 |
| Julie Munro | Y | 25,000 |
| Robert Dobkin | Y | 83,500 |
| 6316743 Canada Inc. | Y | 70,000 |
| Roger Maggs | Y | 41,666 |
| Aggregate Pro Group Involvement | P | 2,950,000 |
| [4 placees] | ||
| Agent's Fee: | An aggregate of $311,664, plus 673,120 broker warrants, each exercisable into one common share at a price of $0.60 for a period of two years payable to Paradigm Capital Inc., Byron Capital Markets Ltd. and GMP Securities L.P. |
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).
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TALLGRASS ENERGY CORP. ("TLC")
BULLETIN TYPE: Halt
BULLETIN DATE: July 29, 2013
TSX Venture Tier 2 Company
Effective at 8:01 a.m., PST, July 29, 2013, trading in the shares of the Company was halted for failure to maintain Exchange Requirements. 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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VANTEX RESOURCES LTD. ("VAX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 29, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has accepted for filing the documentation with respect to a Non-Brokered Private Placement announced July 23, 2013:
| Number of Shares: | 1,854,000 flow-through common shares and 206,000 common shares |
| Purchase Price: | $0.06 per flow-through common share and common share |
| Warrants: | 1,030,000 warrants to purchase 1,030,000 common shares |
| Warrants Exercise Price: | $0.10 for a period of 12 months following the closing of the Private Placement |
| Number of Placees: | 12 placees |
| Insider / Pro Group Participation: | ||
| Name | Insider = Y / | Number of shares |
| Pro Group = P | ||
| Robert Bouvier | Y | 180,000 |
The Company has confirmed the completion of the Private Placement by way of a press release.
RESSOURCES VANTEX LTÉE (« VAX »)
TYPE DE BULLETIN: Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN: Le 29 juillet 2013
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX (la « Bourse ») a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier tel qu'annoncé le 23 juillet 2013:
| Nombre d'actions : | 1 854 000 actions ordinaires accréditives et 206 000 actions ordinaires |
| Prix : | 0,06 $ par action ordinaire accréditive et action ordinaire |
| Bons de souscription : | 1 030 000 bons de souscription permettant d'acquérir 1 030 000 actions ordinaires |
| Prix d'exercice des bons de | |
| Souscription : | 0,10 $ pour une période de 12 mois suivant la clôture du placement privé |
| Nombre de souscripteurs : | 12 souscripteurs |
| Initié / Participation Groupe Pro : | ||
| Initié = Y / | ||
| Nom | Groupe Pro = P | Nombre d'actions |
| Robert Bouvier | Y | 180 000 |
La société a confirmé avoir complété le placement privé par voie d'un communiqué de presse.
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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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