VANCOUVER, Aug. 20, 2013 /CNW/ -
TSX VENTURE COMPANIES:
CACHE EXPLORATION INC. ("CAY")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 20, 2013
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, August 20, 2013, shares of the Company resumed trading, an announcement having been made.
________________________________________
CANADA CARBON INC. ("CCB")
BULLETIN TYPE: Halt
BULLETIN DATE: August 20, 2013
TSX Venture Tier 1 Company
Effective at 6:20 a.m. PST, August 20, 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.
________________________________________
CANADA CARBON INC. ("CCB")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 20, 2013
TSX Venture Tier 1 Company
Effective at 9:30 a.m., PST, August 20, 2013, shares of the Company resumed trading, an announcement having been made.
________________________________________
EAGLE HILL EXPLORATION CORPORATION ("EAG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Private Placement - Non-Brokered
BULLETIN DATE: August 20, 2013
TSX Venture Tier 2 Company
Property-Asset or Share Purchase Agreement:
The TSX Venture Exchange Inc. (the "Exchange") has accepted for filing a binding letter of intent dated June 26, 2013 (the "Agreement") among Eagle Hill Exploration Corporation ("Eagle Hill"), Noront Resources Ltd. ("Noront") and Southern Arc Minerals Inc. ("Southern Arc"). Under the Agreement, Eagle Hill acquired the remaining 25% ownership interest along with all other interests and rights to the mineral claims comprising the Windfall Lake Property (the "Property") from Noront (the "Noront Acquisition"). Upon closing of the Noront Acquisition Eagle Hill owns 100% of the Windfall Lake Property, subject to routine post-closing transfer obligations of the parties. In addition, Eagle Hill has completed a private placement financing with Southern Arc and Dundee Corporation raising gross proceeds of $12,000,000 (see "Private Placement - Non-Brokered" below).
As consideration for the Noront Acquisition, Eagle Hill paid Noront a total of $5,000,000 in cash and issued 25,000,000 common shares of Eagle Hill to Noront. Noront will not retain any net smelter royalty or further rights with respect to the Property.
For further information please see the news release dated August 15, 2013 which is available under the Eagle Hill profile on SEDAR.
Private Placement - Non-Brokered:
The Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 28, 2013 and completed on August 14, 2013:
| Number of Shares: | 160,000,000 common shares |
| Purchase Price: | $0.075 per common share |
| Warrants: | 80,000,000 share purchase warrants to purchase 80,000,000 common shares |
| Warrant Exercise Price: | $0.10 for a four year period |
| Number of Placees: | 2 placees |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Southern Arc Minerals Ltd. | Y | 97,654,000 |
| Dundee Corporation | Y | 62,346,000 |
| Finder's Fee: | $180,000 payable to Haywood Securities Inc. as financial advisor, with 1,600,000 units consisting of 1,600,000 common shares and 800,000 warrants exercisable at $0.10 for one year |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release announcing the closing of the Noront Acquisition and the private placement on August 15, 2013.
________________________________________
ENTERPRISE ENERGY RESOURCES LTD. ("EER")
BULLETIN TYPE: Halt
BULLETIN DATE: August 19, 2013
TSX Venture Tier 2 Company
Effective at 1:10 p.m. PST, August 19, 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.
________________________________________
ENTERPRISE ENERGY RESOURCES LTD. ("EER")
BULLETIN TYPE: Plan of Arrangement, Delist
BULLETIN DATE: August 20, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with an arrangement agreement dated June 24, 2013 (the "Agreement") between Enterprise Energy Resources Ltd. ("Enterprise") and LNG Energy Ltd. ("LNG"). Pursuant to the Agreement, each Enterprise common share was exchanged for five (5) common shares in the capital of LNG.
The Exchange has been advised that approval of the Arrangement by shareholders of Enterprise was received at a meeting of the shareholders held on August 13, 2013 and that approval of the Arrangement was received from the Supreme Court of British Columbia on August 14, 2013. The full particulars of the Arrangement are set forth in Enterprise's Information Circular dated July 5, 2013 which is available under Enterprise's profile on SEDAR.
Enterprise and LNG closed the Arrangement on August 20, 2013.
Delisting:
In conjunction with the closing of the Arrangement, Enterprise has requested that its common shares be delisted. Accordingly, effective at the close of business, Tuesday, August 20, 2013, the common shares of Enterprise will be delisted from the Exchange.
| Insider / Pro Group Participation: | None |
________________________________________
GEODEX MINERALS LTD. ("GXM")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: August 20, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation in connection with the following option agreements:
- An Option to Purchase Agreement between the Company and Wayne Carroll whereby the Company has been granted an option to acquire a 100% interest in the Pabineau Property that is located southwest of Bathurst, New Brunswick. The aggregate consideration is $88,400 and 205,000 common shares payable over a 6 year period. The Option retains a 2% NSR from the proceeds of commercial production. The Company has the option to acquire half of the NSR for $1,000,000 subject to further Exchange review and acceptance. The Company has a right of first refusal on the remaining 1%.
- An Option to Purchase Agreement between Richard Mann, Norman Pitre and Roland Lovesey (collectively, the "Optionors") and the Company whereby the Company has been granted an option to acquire the Benjamin Property that is located northwest of Bathurst, New Brunswick. The aggregate consideration is 3,305,000 common shares issuable over a 66 month period. Each of the Optionors will receive 1,101,666 common shares. The Optionors retain a 2% NSR from the proceeds of commercial production of which the Company has the right to purchase up to half for $1,000,000 subject to further Exchange review and acceptance. The Company has a right of first refusal to acquire the remaining 1% NSR.
________________________________________
GOLDEYE EXPLORATIONS LIMITED ("GGY")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: August 20, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced July 18, 2013:
| Number of Shares: | 1) 3,320,000 flow through shares |
| 2) 6,250,000 non flow through shares | |
| Purchase Price: | $0.05 per share (flow through and non flow through) |
| Warrants: | 1) 1,660,000 share purchase warrants to purchase 1,660,000 shares |
| 2) 6,250,000 share purchase warrants to purchase 6,250,000 shares | |
| Warrant Exercise Price: | 1) $0.10 for a one year period |
| 2) $0.10 for a two year period | |
| Number of Placees: | 35 placees |
| Agents' Fee: | an aggregate of $35,825, plus 346,500 broker warrants each exercisable into one common share at a price of $0.05 for a period of two years, payable to Jennings Capital Inc., PI Financial Corp. and CIBC Wood Gundy. |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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.
________________________________________
LNG ENERGY LTD. ("LNG")
BULLETIN TYPE: Plan of Arrangement
BULLETIN DATE: August 20, 2013
TSX Venture Tier 2 Company
Pursuant to special resolutions passed by the shareholders of Enterprise Energy Resources Ltd. ('Enterprise') on August 13, 2013, and LNG Energy Ltd. ('LNG') and Ltd. ('Subco'), a special purpose subsidiary of LNG, have completed an arrangement under Section 288 of the Business Corporations Act (British Columbia). The Plan of Arrangement took effect on August 20, 2013, and has resulted in the assets of Enterprise becoming wholly owned by LNG and the shareholders of Enterprise exchanging their shares for shares of LNG on the basis of 5 LNG shares for every share of Enterprise.
| Post - Arrangement: | ||
| Capitalization: | unlimited | shares with no par value of which |
| 577,353,340 | shares are issued and outstanding | |
Further information can be found in the Company's news releases dated June 25, 2013, August 13, 2013 and August 20, 2013.
________________________________________
LUCKY STRIKE RESOURCES LTD. ("LKY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 20, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 11, 2013:
| Number of Shares: | 2,000,000 shares |
| Purchase Price: | $0.08 per share |
| Warrants: | 2,000,000 share purchase warrants to purchase 2,000,000 shares |
| Warrant Exercise Price: | $0.13 for a two year period |
| Number of Placees: | 14 placees |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Morquest Trading Company Ltd. | Y | 200,000 |
| Ronald Rieder | Y | 200,000 |
| Aggregate Pro Group Involvement | P | 950,000 |
| [ 2 placees] | ||
| Finders' Fees: | $9,000, plus 112,500 brokers warrants, is payable to Jordan Capital Markets Inc. |
| $2,200 is payable to Buckshot Communications Corp. | |
| $315 is payable to Raymond James Ltd. | |
| $1,600 is payable to MGI Securities Inc. | |
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.]
________________________________________
MANSON CREEK RESOURCES LTD. ("MCK")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: August 20, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to an Option Agreement dated March 7, 2013 (the "Agreement") between the Company and Petro-Occidente Capital Corp. (the "Purchaser"). As per the terms of the Agreement, the Company assigned its option to acquire 100% of the Up Town Gold Property located in the Northwest Territories, three kilometers from Yellowknife, to the Purchaser. In consideration, the Purchaser will pay the Company $25,000 and issue 100,000 common shares. The Company will also receive an additional 100,000 common shares on January 28, 2014 and January 28, 2015 provided the option remains in effect.
________________________________________
MIDNIGHT SUN MINING CORP. ("MMA")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 20, 2013
TSX Venture Tier 2 Company
Effective at open of trading, Wednesday, August 21, 2013, shares of the Company will resume trading, an announcement having been made.
________________________________________
NOVADX VENTURES CORP. ("NDX")
BULLETIN TYPE: Shares for Debt, Remain Halted
BULLETIN DATE: August 20, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 20,000,000 shares to settle outstanding debt for $1,000,000.
| Number of Creditors: | 1 Creditor |
| Insider / Pro Group Participation: | ||||
| Insider=Y / | Amount | Deemed Price | ||
| Creditor | Progroup=P | Owing | per Share | # of Shares |
| Sandstorm Metals & Energy Ltd. | Y | $1,000,000 | $0.05 | 20,000,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
Trading in the shares of the Company will remain halted.
________________________________________
PHILIPPINE METALS INC. ("PHI")
BULLETIN TYPE: Share Consolidation
BULLETIN DATE: August 20, 2013
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders April 5, 2013, the Company has consolidated its capital on an eight (8) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening Wednesday, August 21, 2013, common shares of the Company will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Copper Mining' company.
| Post - Consolidation | ||
| Capitalization: | Unlimited | shares with no par value of which |
| 5,539,533 | shares are issued and outstanding | |
| Escrow | 562,500 | shares are subject to escrow |
| Transfer Agent: | Olympia Trust Company | |
| Trading Symbol: | PHI | (UNCHANGED) |
| CUSIP Number: | 718257207 | (new) |
________________________________________
PUMA EXPLORATION INC. ("PUM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 20, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to an arm's length agreement dated August 15, 2013, in connection with the acquisition by the Company of a 28.4% additional interest in the Little Stull Lake Property located in Northern Manitoba. The consideration payable by the Company consists of 400,000 common shares of the Company as well as a cash payment of $75,000.
The Vendor will retain a 1% in the Property half of which may be repurchased for the sum of $1,000,000. The remaining half may be repurchased for a sum of $2,000,000.
For further information, please refer to the Company's press release dated August 15, 2013.
EXPLORATION PUMA INC. (« PUM »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : 20 août 2013
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents en vertu d'une convention auprès d'une personne sans lien de dépendance datée du 15 août 2013 selon laquelle la société a acquis un intérêt additionnel de 28,4 % dans la propriété de « Little Stull Lake » située dans le nord de Manitoba. La considération payable par la société consiste en l'émission de 400 000 actions ordinaires ainsi que du paiement de 75 000 $ en espèces.
Le vendeur conservera une royauté dans la propriété de 1 %, la moitié duquel peut être rachetée par la société pour une somme de 1 000 000 $. La deuxième moitié peut être rachetée pour une somme de 2 000 000 $.
Pour de plus amples renseignements, veuillez consulter le communiqué de presse émis par la société le 15 août 2013.
________________________________
PURE MULTI-FAMILY REIT LP ("RUF.U")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: August 20, 2013
TSX Venture Tier 1 Company
The Issuer has declared the following distribution:
| Distribution per Unit: | US$0.03 |
| Payable Date: | September 16, 2013 |
| Record Date: | August 30, 2013 |
| Ex-Distribution Date: | August 28, 2013 |
________________________________________
RDX TECHNOLOGIES CORPORATION ("RDX")
[formerly: Ridgeline Energy Services Inc. ("RLE")]
BULLETIN TYPE: Name Change
BULLETIN DATE: August 20, 2013
TSX Venture Tier 1 Company
Pursuant to a resolution passed by shareholders on February 28, 2013, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening, Wednesday, August 21, 2013, the common shares of RDX Technologies Corporation will commence trading on TSX Venture Exchange, and the common shares of Ridgeline Energy Services Inc. will be delisted. The Company is classified as a 'Services to Oil and Gas Extraction' company.
| Capitalization: | Unlimited | shares with no par value of which |
| 169,138,059 | shares are issued and outstanding | |
| Escrow: | nil | shares |
| Transfer Agent: | Computershare Trust Company of Canada | |
| Trading Symbol: | RDX | (new) |
| CUSIP Number: | 74945R103 | (new) |
________________________________________
SEARCH MINERALS INC. ("SMY")
BULLETIN TYPE: Halt
BULLETIN DATE: August 20, 2013
TSX Venture Tier 2 Company
Effective at 6:36 a.m. PST, August 20, 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.
________________________________________
SPECTRA7 MICROSYSTEMS INC. ("SEV")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: August 20, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 154,046 shares to settle outstanding debt for $90,887.01.
| Number of Creditors: | 2 Creditors |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
TAD MINERAL EXPLORATION INC. ("TJ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 20, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 1, 2013 and August 7, 2013:
| Number of Shares: | 8,452,000 shares |
| Purchase Price: | $0.025 per share |
| Warrants: | 8,452,000 share purchase warrants to purchase 8,452,000 shares |
| Warrant Exercise Price: | $0.05 for a five year period |
| Number of Placees: | 10 placees |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Canaccord Genuity Corp. ITF Jason Gigliotti | Y | 1,000,000 |
| Canaccord Genuity Corp. ITF Negar Adam | Y | 1,000,000 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a comprehensive 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.
________________________________________
TERRENO RESOURCES CORP. ("TNO")
BULLETIN TYPE: Halt
BULLETIN DATE: August 20, 2013
TSX Venture Tier 2 Company
Effective at 12:43 p.m. PST, August 20, 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.
________________________________________
THALLION PHARMACEUTICALS INC. ("TLN")
BULLETIN TYPE: Delist
BULLETIN DATE: August 20, 2013
TSX Venture Tier 2 Company
Further to the Company's news releases dated June 18 & 20, as well as July 10 and August 2, 9th & 15th, 2013, the common shares of Thallion Pharmaceuticals Inc. (the "Company") will be delisted from TSX Venture Exchange effective at the close of business on August 20, 2013.
The delisting of the Company's common shares results from the completion of a Going Private Transaction, by way of Plan of Arrangement ("the Arrangement") between the Company and Bellus Health Inc. ("Bellus", TSX: BLU). Under the Arrangement, each shareholder of the Company will receive from Bellus $0.1889 in cash for each of their shares owned in the Company. Further, each shareholder will receive one contingent value right ("CVR") per common share held where each CVR entitles the Holder thereof to: (A) its pro rata share of 100% of any additional purchase price consideration to be received from Premium Brands Holding Corp. in 2016 (up to $0.0404 per CVR), (B) its pro rata share of 5% of the Shigamabs® revenue generated or received by Bellus, as capped at $6.5 million (or $0.1812 per CVR), and (c) its pro rata share of 100% of any net proceeds generated from the licensing, selling or otherwise commercializing of certain diagnostic products or services, and issued patents (or pending patents) to which the Company has an entitlement. All options of the Company outstanding as at August 15, 2013 were surrendered by the option holders for cash consideration (plus one CVR per option held) equal to the amount by which the cash portion of the Arrangement Consideration exceeded the exercise price of the options. Where the amount of such excess was zero, no consideration per option was received. All remaining warrants have been cancelled for no consideration.
The Arrangement was approved by more than two-thirds of the Shareholders, as well as by a simple majority excluding interested shareholders, at the shareholders' meeting held on August 6, 2013.
For more information, please consult the Company's Management Information Circular dated September July 4, 2013, as well as the Supplement to the Information Circular dated July 9, 2013.
THALLION PHARMACEUTIQUES INC. (« TLN »)
TYPE DE BULLETIN : Radiation de la cote
DATE DU BULLETIN : Le 20 août 2013
Société du groupe 2 de TSX Croissance
Suite aux communiqués de presse émis par la société émis les 18 et 20 juin, ainsi que le 10 juillet et les 2, 9 et 15 août 2013, les actions ordinaires de Thallion Pharmaceutiques Inc. (la « société ») seront radiées de la cote de Bourse de croissance TSX à la fermeture des affaires le mardi 20 août 2013.
La radiation de la cote de la Bourse de croissance TSX des actions ordinaires de la société résulte de l'acquisition par Bellus Health inc (« Bellus », TSX : BLU) de toutes les actions émises et en circulation de la société conclue conformément à un plan d'arrangement (« l'arrangement »). En vertu de l'arrangement, les actionnaires de la société recevront 0,1889 $ pour chaque action ordinaire détenue dans la société. De plus, les porteurs d'actions ordinaires recevront un droit à une valeur conditionnelle (un « DVC ») par action ordinaire, ce qui confère à son porteur le droit de recevoir : (A) sa quote-part de la totalité de tout prix d'achat additionnel à recevoir de Premium Brands Holding Corp. en 2016 (ce qui représente une somme maximale potentielle de 0,0404 $ par DVC), (B) sa quote-part de 5 % des revenus générés ou reçus par BELLUS Santé relativement à Shigamabs®, plafonnés à 6,5 millions de dollars (ou 0,1812 $ par DVC) et (C) sa quote-part de la totalité des produits nets générés par les activités de licence, de vente ou de commercialisation et des brevets délivrés ou des demandes de brevet à l'égard desquels la société a un droit de propriété ou un droit financier. Toutes les options d'achat d'actions en circulation de la société au 15 août 2013 ont été cédées par les détenteurs de ces options en contrepartie pour un paiement en espèces équivalant au montant par lequel la contrepartie de l'arrangement excède le prix d'exercice de l'option, le cas échéant, plus un DVC par option (dans le cas où la contrepartie de l'arrangement excède le prix d'exercice de l'option seulement). Tous les bons de souscription émises et en circulation ont été anullés sans contrepartie.
L'opération de privatisation par voie d'un plan d'arrangement a été approuvée par deux tiers des actionnaires de la société et par la majorité simple des actionnaires de la société, excluant les votes des actionnaires intéressés lors d'une assemblée des actionnaires tenue le 6 août 2013.
Pour plus de renseignements, veuillez consulter la circulaire de sollicitation de procurations de la direction datée du 4 juillet 2013 et du supplément à la circulaire daté du 9 juillet 2013.
________________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
Share this article