VANCOUVER, Oct. 8, 2013 /CNW/ -
TSX VENTURE COMPANIES:
ASIAN MINERAL RESOURCES LIMITED ("ASN")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: October 8, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 971,210 shares at a deemed price of $0.05, in consideration of certain services provided to the company pursuant to compensation agreements that were approved by disinterested shareholders.
| Insider / Pro Group Participation: | ||||||||||||||||||||||
| Creditor |
Insider=Y / Progroup=P |
Amount Owing |
Deemed Price per Share |
# of Shares |
||||||||||||||||||
| Jan Castro Michael Brown Stephen Gill |
Y Y Y |
$20,606.00 $15,454.50 $12,500.00 |
$0.05 $0.05 $0.05 |
412,120 309,090 250,000 |
The Company shall issue a news release when the shares are issued.
________________________________________
BARKERVILLE GOLD MINES LTD. ("BGM")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: October 8, 2013
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletins dated August 14, 2012 & August 8, 2013, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission on August 14, 2012 has been revoked.
Effective at the opening, Wednesday, October 9, 2013, trading will be reinstated in the securities of the Company (CUSIP 067642108).
________________________________________
CANAM COAL CORP. ("COE")
BULLETIN TYPE: Convertible Debenture/s, Amendment
BULLETIN DATE: October 8, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the Company's proposed convertible debenture amendments pursuant to First Amending Agreements dated August 23, 2013 with each of the remaining debenture holders, which amend certain terms of the Unsecured Convertible Debenture Subscription Agreements dated August 23, 2010. The Company has proposed that an aggregate of $630,000 principal unsecured convertible debentures (the "Debentures"), including $45,000 held by Insiders, are to be amended as follows:
- The maturity date of the Debentures will be extended from August 31, 2013 to May 8, 2014;
- The removal of the ability to convert the Debentures into common shares of the Company, and
- The reduction of the interest rate of the Debentures from 12% to 10%.
The Debentures were issued pursuant to a private placement of $2,500,000 principal Debentures, which was accepted for filing by the Exchange effective September 16, 2010.
For further information, please see the Company's press release dated September 6, 2013.
________________________________________
CANASIA FINANCIAL INC. ("CNA")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: October 8, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pursuant to the Asset Purchase and Sale Agreement (the "Agreement") dated December 7, 2012 between the Company and Tenacious Treasure Limited (the "Purchaser"), an arm's length company, whereby the Company is selling 100% of it wholly owned subsidiary, Pacific Optical Technologies Ltd. (the "Disposition"). In consideration, the Purchaser will pay $350,000 payable in cash.
No Insider / Pro Group Participation
________________________________________
CATALYST COPPER CORP. ("CCY")
BULLETIN TYPE: Halt
BULLETIN DATE: October 8, 2013
TSX Venture Tier 2 Company
Effective at 10:33 a.m., PST, October 8, 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.
________________________________________
GALORE RESOURCES INC. ("GRI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 8, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 12, 2013:
| Number of Shares: | 5,790,000 shares | |||||||||||
| Purchase Price: | $0.05 per share | |||||||||||
| Warrants: | 5,790,000 share purchase warrants to purchase 5,790,000 shares | |||||||||||
| Warrant Exercise Price: | $0.10 for a two year period | |||||||||||
| Number of Placees: | 8 placees | |||||||||||
| Insider / Pro Group Participation: | ||||||||||||
| Name |
Insider=Y / ProGroup=P |
# of Shares |
||||||||||
| Uwe Schmidt Michael W. Byrne |
Y Y |
230,000 100,000 |
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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GOLD JUBILEE CAPITAL CORP. ("GJB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 8, 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: | 4,000,000 shares | |||||||||||||||||||||
| Purchase Price: | $0.05 per share | |||||||||||||||||||||
| Number of Placees: | 12 placees | |||||||||||||||||||||
| Insider / Pro Group Participation: | ||||||||||||||||||||||
| Name |
Insider=Y / ProGroup=P |
# of Shares |
||||||||||||||||||||
| Aggregate Pro Group Involvement [2 placees] |
P |
600,000 |
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.
________________________________________
KENNADY DIAMONDS INC. ("KDI")
BULLETIN TYPE: Halt
BULLETIN DATE: October 8, 2013
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, October 8, 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.
________________________________________
MAGNUM ENERGY INC. ("MEN")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: October 8, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 8,198,664 shares to settle outstanding debt for $819,866.40.
| Number of Creditors: | 19 Creditors |
No Insider / Pro Group Participation
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
NORTHERN FINANCIAL CORPORATION ("NFC")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: October 8, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a promissory note (the "Agreement") dated June 17, 2013 between Vic Alboni (the "Creditor") and the Company. Pursuant to the Agreement, the Company shall transfer 6,000,000 common shares of Jaguar Financial Corporation ("Jaguar") to the Creditor (the Creditor is Chairman and CEO of both the Company and Jaguar), in satisfaction of a $150,000 debt to the Creditor.
For more information, refer to the Company's news release dated June 20, 2013.
________________________________________
NORTHERN VERTEX MINING CORP. ("NEE")
BULLETIN TYPE: Private Placement-Non-Brokered, Correction
BULLETIN DATE: October 8, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated October 7, 2013, the Bulletin should have read in part as follows:
| Insider / Pro Group Participation: | ||||||||||||||||||||||
| Name |
Insider=Y / ProGroup=P |
# of Shares |
||||||||||||||||||||
| John Richard Hugh Whittington | Y | 100,000 |
The rest of the bulletin remains unchanged.
________________________________________
PASSPORT ENERGY LTD. ("PPO")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: October 8, 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 Vancouver, British Columbia to Calgary, Alberta.
________________________________________
SAMEX MINING CORP. ("SXG")
BULLETIN TYPE: Company Tier Reclassification, Remain Suspended
BULLETIN DATE: October 8, 2013
TSX Venture Tier 1 Company
In accordance with Policy 2.5, the Company has not met the requirements for a Tier 1 company. Therefore, effective Wednesday, October 9, 2013, the Company's Tier classification will change from Tier 1 to:
Classification
Tier 2
Further to the Exchange Bulletin dated September 10, 2013, trading in the shares of the Company will remain suspended.
______________________________
SOLIMAR ENERGY LIMITED ("SXS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 8, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on August 28, 2013 and closed on September 27, 2013:
| Number of Securities: |
28,234,666 units ("Units") Each Unit is comprised of one fully paid ordinary share and one share purchase warrant |
|
||||||||
| |
5,098,667 subscription receipts ("Receipts") Each Receipt is convertible into one Unit upon receipt of shareholder approval |
|
||||||||
| Purchase Price: |
$0.015 per Unit $0.015 per Receipt |
|
||||||||
| Warrants: | 28,234,666 share purchase warrants to purchase 28,234,666 shares | |||||||||
| Warrant Exercise Price: |
$0.05 for the first 12 months from date of issuance $0.10 for the next and final 12 months from date of issuance |
|
||||||||
| Number of Placees: | 6 placees | |||||||||
| Insider / Pro Group Participation: | ||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Securities |
||||||||
| The Elliott Superannuation Fund (Mark Elliot) Doris Chin Gamba Elba Investments Pty Ltd. (Anna Petruzzelli) Aggregate Pro-Group Involvement [1 Placee] |
Y Y Y P |
1,560,000 Receipts 1,666,667 Receipts 1,872,000 Receipts 5,000,000 Units |
||||||||
| Finder's Fee: | None |
________________________________________
SKYHARBOUR RESOURCES LTD. ("SYH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 8, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 19, 2013:
| Number of Shares: | 937,500 shares | |||||||||||
| Purchase Price: | $0.08 per share | |||||||||||
| Warrants: | 937,500 share purchase warrants to purchase 937,500 shares | |||||||||||
| Warrant Exercise Price: | $0.10 for a two year period | |||||||||||
| Number of Placees: | 1 placee | |||||||||||
| Insider / Pro Group Participation: | ||||||||||||
| Name |
Insider=Y / ProGroup=P |
# of Shares |
||||||||||
| William Trimble | Y | 937,500 |
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.]
________________________________________
TEMBO GOLD CORP. ("TEM") ("TEM.WT")
BULLETIN TYPE: Halt
BULLETIN DATE: October 8, 2013
TSX Venture Tier 1 Company
Effective at 5:41 a.m., PST, October 8, 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.
________________________________________
TEMBO GOLD CORP. ("TEM") ("TEM.WT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: October 8, 2013
TSX Venture Tier 1 Company
Effective at 9:30 a.m., PST, October 8, 2013, shares of the Company resumed trading, an announcement having been made.
________________________________________
XIMEN MINING CORP. ("XIM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 8, 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 August 1, 2013:
| Number of Shares: | 620,000 shares | |||||||||||
| Purchase Price: | $0.20 per share | |||||||||||
| Warrants: | 310,000 share purchase warrants to purchase 310,000 shares | |||||||||||
| Warrant Exercise Price: | $0.30 for an 18 month period, subject to an acceleration clause | |||||||||||
| Number of Placees: | 6 placees | |||||||||||
| Insider / Pro Group Participation: | ||||||||||||
| Name |
Insider=Y / ProGroup=P |
# of Shares |
||||||||||
| Gestion Claude Veillette Ltd. (Claude Veillette) John Curle Christopher Anderson Patrick Foseille |
Y Y Y Y |
250,000 75,000 125,000 95,000 |
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.]
________________________________________
NEX COMPANIES:
BULLETIN TYPE: Listing Maintenance Fees - Delist
BULLETIN DATE: October 8, 2013
NEX Companies
Effective at the close of business on Wednesday, October 9, 2013, and in accordance with NEX Policy, section 15, the following companies' securities will be delisted from NEX, for failure to pay their quarterly NEX Listing Maintenance Fee. Prior to delisting, these companies' securities were subject to a suspension from trading.
If the issuer has any questions regarding these delistings, please contact:
Gary Lee,
Manager, NEX
Phone 604-488-3126
Fax 604-844-7502
| Issuer Name | Symbol |
| PORTIA EXPLORATION LTD. | PEL.H |
| THE PHOENICIAN FUND CORPORATION I | PO.H |
| TOXIN ALERT INC. | TOX.H |
___________________________________________
ACME RESOURCES CORP. ("ACY.H")
BULLETIN TYPE: Halt
BULLETIN DATE: October 8, 2013
NEX Company
Effective at 6:26 a.m., PST, October 8, 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.
________________________________________
MANGAZEYA MINING LTD. ("MGZ.H ")
BULLETIN TYPE: Miscellaneous, Replacement
BULLETIN DATE: October 8, 2013
NEX Company
Further to the TSX Venture Exchange Bulletin dated October 4, 2013, the Bulletin should have read as follows:
TSX Venture Exchange has accepted for filing, notice that on March 4, 2013, the Company entered into a US$1.5 Million Bridge Loan from Unique Goals International Ltd. ("Unique"). Subsequently, the bridge loan facility was amended on April 26, 2013, June 26, 2013, and October 3, 2013, whereby the resulting terms are now a US$25 Million bridge loan facility and matures on December 31, 2013. This is a non-arm's length transaction as Sergey Yanchukov; the CEO, Chairman, and controlling shareholder of the Company; also beneficially owns directly or indirectly, Unique.
TSX Venture Exchange has also accepted for filing, notice that on October 3, 2012, Unique (as the new lender) entered into a Sale, Purchase and Settlement Agreement with VTB Capital plc (as the existing Lender and Agent), pursuant to which the Existing Lender and the New Lender agree to the Existing Lender transferring to the New Lender by novation all of the Existing Lender's commitment, tights and obligations under the Company's US$150 Million senior secured term loan facility (the "Loan Facility"). The Loan Facility was entered into between the Company's wholly-owned subsidiary Diascia Investments Limited and VTB Capital plc on February 2, 2012 and amended and restated on March 7, 2012. The total consideration consists of US$60,078,085.67 cash. This is a non-arm's length transaction as Sergey Yanchukov; the CEO, Chairman, and controlling shareholder of the Company; also beneficially owns directly or indirectly, Unique. The transaction was closed on October 7, 2013.
For further information, please refer to the Company's news release dated October 7 2013.
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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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