VANCOUVER, Sept. 10, 2013 /CNW/ -
TSX VENTURE COMPANIES:
ACTIVE GROWTH CAPITAL INC. ("ACK")
BULLETIN TYPE: Halt
BULLETIN DATE: September 10, 2013
TSX Venture Tier 2 Company
Effective at 10:38 a.m. PST, September 10, 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.
________________________________________
ALTAIR GOLD INC. ("AVX")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: September 10, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing a Loan Agreement between the Company and Espresso Capital Tax Credit II Fund Limited Partnership whereby the Company has been provided with a loan in the principal amount of $300,000.00. Interest is at a rate of 1.59% per month and is secured by a general security agreement on the Company's assets. Espresso will receive a commitment fee equal to 4% of the principal amount of the loan.
Global Finance Fund will receive a fee equal to 4% of the principal amount of the loan.
________________________________________
ARKADIA CAPITAL CORP. ("AKC.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 10, 2013
TSX Venture Tier 2 Company
Effective at opening on Wednesday, September 11, 2013, the common shares of the Company will resume trading, an announcement having been made on September 9, 2013, as to termination of the Company's proposed transaction with Admiralty Oils Ltd.
________________________________________
BCGOLD CORP. ("BCG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 10, 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 July 11, 2013 and August 21, 2013:
| Number of Shares: | 5,950,000 shares (600,000 flow-through) |
| Purchase Price: | $0.05 per share |
| Warrants: | 5,950,000 share purchase warrants to purchase 5,950,000 shares |
| Warrant Exercise Price: | $0.10 for a four year period |
| Number of Placees: | 17 placees |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Brian Fowler | Y | 1,000,000 nf/t |
| Batell Investments Ltd. (David Elliott) | Y/P | 250,000 nf/t |
| David Elliott | Y/P | 1,000,000 nf/t |
| Aggregate Pro Group Involvement | P | 600,000 nf/t |
| [3 placees] | P | 300,000 f/t |
| Finders' Fees: | Haywood Securities Inc. - $13,300 and 266,000 B Warrants that are exercisable into common shares at $0.10 per share for a one year period. |
| MacQuarie Private Wealth Inc. - $1,750 and 35,000 B Warrants that are exercisable into common shares at $0.10 per share for a one year period. |
|
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.
________________________________________
CALIFORNIA GOLD MINING INC. ("CGM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 10, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 10, 2013:
| Number of Shares: | 15,860,000 shares |
| Purchase Price: | $0.05 per share |
| Warrants: | 15,860,000 share purchase warrants to purchase 15,860,000 shares |
| Warrant Exercise Price: | $0.10 for a four year period |
| Number of Placees: | 17 placees |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| R.W. Tomlinson Ltd. | Y | 2,900,000 |
| Vandelay I&C Corp. (B. Conroy) | Y | 600,000 |
| Aggregate Pro Group Involvement | P | 8,050,000 |
| [2 placees] |
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.
________________________________________
CANA VENTURE CAPITAL CORP. ("VCC.P")
BULLETIN TYPE: Halt
BULLETIN DATE: September 10, 2013
TSX Venture Tier 2 Company
Effective at 12:45 p.m. PST, September 10, 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.
________________________________________
CRIMSON BIOENERGY LTD. ("CSN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 10, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 19, 2013:
| Number of Shares: | 2,900,000 shares |
| Purchase Price: | $0.03 per share |
| 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.
________________________________________
CT DEVELOPERS LTD. ("DEV.P")
BULLETIN TYPE: Halt
BULLETIN DATE: September 9, 2013
TSX Venture Tier 2 Company
Effective at 1:20 p.m. PST, September 9, 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.
________________________________________
CT DEVELOPERS LTD. ("DEV.P")
BULLETIN TYPE: Remain Halted - Qualifying Transaction
BULLETIN DATE: September 10, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated September 9, 2013, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation pursuant to TSXV Policy 2.4 regarding a Qualifying Transaction.
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.
________________________________________
EMERGE RESOURCES CORP. ("EME")
[formerly Beatrix Ventures Inc. ("BXV")]
BULLETIN TYPE: Name Change
BULLETIN DATE: September 10, 2013
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders on August 29, 2013, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening on Wednesday, September 11, 2013, the common shares of Emerge Resources Corp. will commence trading on TSX Venture Exchange, and the common shares of Beatrix Ventures Inc. will be delisted. The Company is classified as a 'Mineral Exploration/Development' company.
| Capitalization: | Unlimited | shares with no par value of which |
| 48,237,839 | shares are issued and outstanding | |
| Escrow: | Nil | escrowed shares |
| Transfer Agent: | Valiant Trust Company | |
| Trading Symbol: | EME | (new) |
| CUSIP Number: | 29102K 10 1 | (new) |
________________________________________
FAMILY MEMORIALS INC. ("FAM")("FAM.DB")
BULLETIN TYPE: Halt
BULLETIN DATE: September 10, 2013
TSX Venture Tier 2 Company
Effective at 8:35 a.m. PST, September 10, 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.
________________________________________
GEOMEGA RESOURCES INC. ("GMA")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: September 10, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the reduction in the exercise price and extension of the following Warrants:
| Number of Warrants: | 1,952,273 |
| Expiry Date of Warrants: | September 30, 2013 |
| New Expiry Date of Warrants: | September 30, 2014 |
| Exercise Price of Warrants: | $1.00 |
These warrants were issued pursuant to a private placement of a total of 3,904,545 common shares and 1,952,273 warrants, as approved by the Exchange on May 9, 2012.
RESSOURCES GEOMEGA INC. (« GMA »)
TYPE DE BULLETIN : Prolongation de bons de souscription
DATE DU BULLETIN : Le 10 septembre 2013
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté la diminution au prix d'exercice et la prolongation des bons de souscription (les « bons ») suivants :
| Nombre de bons : | 1 952 273 |
| Date d'échéance des bons : | Le 30 septembre 2013 |
| Nouvelle date d'échéance : | Le 30 septembre 2014 |
| Prix d'exercice des bons : | 1,00 $ |
Ces bons ont été émis dans le cadre de l'émission de 3 904 545 actions ordinaires et 1 952 273 bons de souscription par le biais d'un placement privé, tel qu'accepté par la Bourse le 9 mai 2012.
________________________________________
GRAPHITE ONE RESOURCES INC. ("GPH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 10, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 27, 2013:
| First Tranche Closing | |
| Number of Units: | 9,879,500 units |
| Each Unit consists of one common share and one common share purchase warrant. | |
| Purchase Price: | $0.08 per Unit |
| Warrants: | 9,879,500 share purchase warrants to purchase 9,879,500 shares |
| Warrant Exercise Price: | $0.125 for a period of 36 months from closing |
| Number of Placees: | 36 placees |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Units |
| Charles Chebry | Y | 2,500,000 |
| Aggregate Pro Group Involvement | P | 2,571,500 |
| [6 placees] | ||
| Finders' Fees: | $8,000 cash and 100,000 non-transferrable warrants ("Finder's Warrants") payable to Canaccord Genuity Corp. |
| $39,228.80 cash and 490,360 Finder's Warrants payable to Haywood Securities Inc. |
|
| - Each Finder's Warrant entitles the holder to purchase one common share at a price of $0.10 until expiry 18 months from the date of closing. |
|
________________________________________
KWG RESOURCES INC. ("KWG")
BULLETIN TYPE: Halt
BULLETIN DATE: September 10, 2013
TSX Venture Tier 1 Company
Effective at 11:50 a.m. PST, September 10, 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.
________________________________________
LUCKY STRIKE RESOURCES LTD. ("LKY")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: September 10, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 28, 2013:
| Convertible Debenture | $200,000 |
| Conversion Price: | Convertible into units (2,000,000) consisting of one common share and one common share purchase warrant at $0.10 of principal outstanding. |
| Maturity date: | 90 days from the date on which the principal is advanced |
| Warrants | Each warrant will have a term of two years from the date of issuance of the notes and entitle the holder to purchase one common share. The warrants are exercisable at the price of $0.11. |
| Interest rate: | 12% per annum |
| Number of Placees: | 1 placee |
| Finder's Fee: | Jordan Capital Markets Inc. 150,000 common shares payable. |
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.]
________________________________________
MINAEAN INTERNATIONAL CORP. ("MIB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 10, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the Third and Final Tranche of a Non-Brokered Private Placement announced December 17, 2012:
| Number of Shares: | 600,000 shares |
| Purchase Price: | $0.075 per share |
| Warrants: | 300,000 share purchase warrants to purchase 300,000 shares |
| Warrant Exercise Price: | $0.10 for an 18 month period |
| Number of Placees: | 2 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.]
________________________________________
MINDORO RESOURCES LTD. ("MIO")
BULLETIN TYPE: Halt
BULLETIN DATE: September 10, 2013
TSX Venture Tier 1 Company
Effective at 8:23 a.m. PST, September 10, 2013, trading in the shares of the Company was halted 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.
________________________________________
MINDORO RESOURCES LTD. ("MIO")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 10, 2013
TSX Venture Tier 1 Company
Effective at 10:30 a.m., PST, September 10, 2013, shares of the Company resumed trading, an announcement having been made.
________________________________________
OREX MINERALS INC. ("REX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 10, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 6, 2013:
| Number of Shares: | 8,228,600 shares (5,547,900 shares have flow through features) |
| Purchase Price: | $0.25 per share |
| Warrants: | 4,114,300 share purchase warrants to purchase 4,114,300 shares |
| Warrant Exercise Price: | $0.30 for a two year period |
| Number of Placees: | 18 placees |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Gary Cope | Y | 1,000,000 nft |
| 1,000,000 f/t | ||
| Arthur Freeze | Y | 145,000 nft |
| 145,000 f/t | ||
| Ross Wilmot | Y | 222,800 nft |
| 683192 BC Ltd. (Gary Cope) | Y | 216,400 nft |
| 216,400 f/t | ||
| Finders' Fees: | Canaccord Genuity Corp. receives $4,900 |
| M Partners Inc. receives $64,750 | |
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.]
________________________________________
OYSTER OIL AND GAS LTD. ("OY")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 10, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Sale and Purchase Agreement dated September 6, 2013 between the Company, it's wholly owned subsidiary, Oyster Madagascar Limited and Candax Madagascar Limited whereby the Company is acquiring an undivided 10% working interest in relation to the Antsiranana Contract Area (Block 1101) that is situated onshore Madagascar. Consideration is $750,000 of which $500,000 is payable upon closing and $250,000 within 10 days of the Drill Date plus $250,000 in common shares at a deemed price that is determined by the five day straight average closing price up to and including the Drill Date. The deemed price per share is subject to a floor of not less than the Discounted Market Price, or $0.2625.
________________________________________
PARKIT ENTERPRISE INC. ("PKT")
[formerly Greenscape Capital Group Inc. ("GRN")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: September 10, 2013
TSX Venture Tier 2 Company
Pursuant to a resolution passed by directors on August 13, 2013, the Company has consolidated its capital on a 10 old for 1 new basis. The name of the Company has also been changed as detailed below.
Effective at the opening on Wednesday, September 11, 2013, the common shares of Parkit Enterprise Inc. will commence trading on TSX Venture Exchange, and the common shares of Greenscape Capital Group Inc. will be delisted. The Company is classified as an 'Industrial' company.
| Post - Consolidation | ||
| Capitalization: | Unlimited | shares with no par value of which |
| 11,898,179 | shares are issued and outstanding | |
| Escrow: | 0 | shares |
| Transfer Agent: | Olympia Trust Company | |
| Trading Symbol: | PKT | (new) |
| CUSIP Number: | 70137X106 | (new) |
________________________________________
REG TECHNOLOGIES INC. ("RRE")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: September 10, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
| Private Placement: | |
| # of Warrants: | 2,115,375 |
| Original Expiry Date of Warrants: | March 2 and March 19, 2012, extended to |
| September 20, 2013 | |
| New Expiry Date of Warrants: | September 20, 2014 |
| Exercise Price of Warrants: | $0.15 (unchanged) |
These warrants were issued pursuant to a private placement of 2,115,375 shares with 2,115,375 share purchase warrants attached, which was accepted for filing by the Exchange effective November 24, 2011.
________________________________________
SATORI RESOURCES INC. ("BUD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 10, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 6, 2013:
| Number of Shares: | 15,500,000 common shares |
| Purchase Price: | $0.01 per share |
| Warrants: | 15,500,000 purchase warrants attached to purchase 15,500,000 shares |
| Warrant Exercise Price: | $0.05 for a four year period |
| Number of Placees: | 12 placees |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| 6484000 Canada Inc. | Y | 1,200,000 |
| Bruce Reid | Y | 2,400,000 |
| Shanda Kilborn | Y | 250,000 |
| Aggregate Pro Group Involvement | P | 500,000 |
| [1 placee] | ||
| Finder's Fee: | an aggregate of $1,260 plus 126,000 finder's warrants (each exercisable into one common share at a price of $0.10 for a two year period) is payable to MacQuarie Private Wealth. |
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.
________________________________________
SIERRA IRON ORE CORPORATION ("NAA")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Amendment
BULLETIN DATE: September 10, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated July 29, 2011, the Exchange has accepted an amendment with respect to a Property Purchase Agreement dated January 26, 2011:
TSX Venture Exchange has accepted for filing an acquisition agreement dated January 26, 2011 made between Sierra Iron Ore Corporation (the "Company") and Minera Copper Canyon S.A. de C.V., a private Mexican company whereby the Company will acquire a 50% interest in the El Creston property (the "Property") located in Sinaloa, Mexico.
Total consideration for the Property consists of $900,000 and 8,300,000 shares payable as follows:
| CASH | SHARES | |
| Year 1 | $110,000 | 1,800,000 |
| Year 2 | $290,000 | 1,000,000 |
| Upon completion of a feasibility study or Commercial production | $500,000 | 5,500,000 |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Minera Copper Canyon S.A. de C.V. | Y | 8,300,000 |
For further information please refer to the Company's news releases dated January 27, 2011 and April 18, 2011.
________________________________________
TIMBERLINE RESOURCES CORPORATION ("TBR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 10, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation of a Lease and Option Agreement dated August 15, 2013 between Timberline Resources Corporation (the "Company") and David C. and Debra J. Knight Living Trust (the "Optionor") whereby the Company may acquire a lease, with option to purchase, of 584 mineral claims in Nevada comprising a series of six separate properties, including the Iron Butte project, totalling in excess of 11,000 acres. The consideration payable to the Optionor consists of the issuance of 3,400,000 common shares of the Company and payment of up to an aggregate of $2,000,000 payable in stages over a period of 43 months.
The Optionor shall retain a 3% Net Smelter Return (the "NSR") royalty from the production of minerals. Until the commencement of commercial production, the Company may reduce the NSR by payment of $1,500,000 for each 1% reduction; the NSR may not be reduced to an amount less than 1%. The Company shall pay the Optionor an advance royalty payment of $25,000 beginning on the 19-month anniversary of the Agreement and every 12 months thereafter, as long as the Company continues to maintain the mineral properties, until the Company commences commercial production on any of the mineral properties acquired.
________________________________________
TORCH RIVER RESOURCES LTD. ("TCR")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: September 10, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement closed on August 30, 2013:
| Convertible Debenture | $75,000 |
| Conversion Price: | Convertible into units ("Units") at a conversion price of $0.075 per Unit in the first 12 months and $0.10 per Unit thereafter. |
| - Each Unit will consist of one common share and one common share purchase warrant. |
|
| Maturity date: | 4 months from date of issuance |
| Under certain circumstances the Debentures may instead mature 24 months from date of issuance. |
|
| Warrants: | Each Warrant will be exercisable for one common share at a price of $0.10 per share for up to 24 months from date of issuance. |
| Interest: | 5% payable semi-annually on June 30 and December 31 each year with the first payment occurring on December 31, 2013. |
| Number of Placees: | 1 placee |
| Finder's Fee: | $6,000 cash and 80,000 warrants ("Finder Warrants") payable to Euro Pacific Canada Inc. |
| - Each Finder's Warrant is exercisable for one common share at a price of $0.10 for up to 24 months from date of issuance. |
|
________________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
Share this article