VANCOUVER, Nov. 14, 2013 /CNW/ -
TSX VENTURE COMPANIES:
ABCOURT MINES INC. ("ABI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 14, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement:
| Number of Shares: | 4,300,000 Class "B" common shares | |||||
| Purchase Price: | $0.08 per Class "B" common share | |||||
| Warrants: | 2,150,000 warrants to purchase 2,150,000 Class ''B'' common shares | |||||
| Warrants Exercise Price: | $0.10 for a 12-month period following the closing of the Private Placement | |||||
| Number of Placees: | 2 placees | |||||
| Insider / Pro Group Participation: | Nil |
The Company has confirmed the closing of the above-mentioned Private Placement by way of press release dated October 18, 2013.
MINES ABCOURT INC. (« ABI »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 14 novembre 2013
Société du groupe 1 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 :
| Nombre d'actions : | 4 300 000 actions ordinaires de catégorie « B » | |||||
| Prix : | 0,08 $ par action ordinaire de catégorie « B » | |||||
| Bons de souscription : | 2 150 000 bons de souscription permettant de souscrire à 2 150 000 actions ordinaires de catégorie « B » | |||||
| Prix d'exercice des bons : | 0,10 $ pendant une période initiale de 12 mois suivant la clôture du placement privé | |||||
| Nombre de souscripteurs : | 2 souscripteurs | |||||
| Participation initié / Groupe Pro : | Aucun |
La société a confirmé la clôture du placement privé précité par voie de communiqué de presse daté du 18 octobre 2013.
__________________________________________________
ADENT CAPITAL CORP. ("ANT.P")
BULLETIN TYPE: Halt
BULLETIN DATE: November 14, 2013
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, November 14, 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.
________________________________________
ADENT CAPITAL CORP. ("ANT.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: November 14, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated November 14, 2013, effective at 10:53 a.m., November 14, 2013, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation 4 regarding a Qualifying Trans pursuant to TSXV Policy 2.4. 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.
________________________________________
AFRICA HYDROCARBONS INC. ("NFK")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: November 14, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 23, 2013:
| Number of Units: |
12,500,000 units ("Units") Each Unit consists of one common share and one-half of one common share purchase warrant ("Warrant"). |
|
||||||||||
| Purchase Price: | $0.18 per Unit | |||||||||||
| Warrants: | 6,250,000 share purchase warrants to purchase 6,250,000 shares | |||||||||||
| Warrant Exercise Price: | $0.30 for a period of one year from date of closing. | |||||||||||
| Number of Placees: | 19 placees | |||||||||||
| Insider / Pro Group Participation: | ||||||||||||
| Name |
Insider=Y / ProGroup=P |
# of Units |
||||||||||
| Aggregate Pro Group Involvement [11 placees] |
P |
5,105,000 |
||||||||||
| Finder's Fee: | $157,500 cash and 875,000 non-transferrable options ("Finder's Warrants") payable to Canaccord Genuity Corp. |
|||||||||||
| - Each Finder's Warrant entitles the holder to purchase one common share at a price of $0.30 until expiry 18 months from date of closing. |
________________________________________
ALIX RESOURCES CORP. ("AIX")
BULLETIN TYPE: Halt
BULLETIN DATE: November 14, 2013
TSX Venture Tier 2 Company
Effective at 12:40 p.m., PST, November 14, 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.
________________________________________
ARCTIC STAR EXPLORATION CORP. ("ADD")
BULLETIN TYPE: Private Placement-Non-Brokered, Correction
BULLETIN DATE: November 14, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated November 13, 2013, the bulletin should have read as follows:
| Number of Shares: | 10,000,000 NON-Flow through shares | ||||||||
| Purchase Price: | $0.065 per share | ||||||||
| Number of Placees: | 17 placees | ||||||||
| Finder's Fee: | Canaccord Genuity Corp. $65,000 cash and 1,000,000 Finder's warrants payable. Each finder's warrant is exercisable into one common share at $0.065 for 24 months from closing. |
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.
________________________________________
BEAUFIELD RESOURCES INC. ("BFD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 14, 2013
TSX Venture Tier 1 Company
The Exchange has accepted for filing the documentation relating to a Letter of Intent (the "LOI") dated November 5, 2013 between Melkior Resources Inc. ("Melkior") and Beaufield Resources Inc. ("Beaufield"). Pursuant to the LOI, Melkior and Beaufield will form a Joint-Venture concerning the exploration and development of the Launay Property.
According to the terms of the LOI, Beaufield may acquire an initial 10% interest in the Joint-Venture upon completion of $250,000 in exploration work within the first year following the signing of the LOI. Beaufield may subsequently acquire additional ownership-interest tranches of 10% each over the next four years where for each $250,000 spent on the Property by Beaufield, a further 10% tranche will have been earned, up to a maximum of 50% (for a total consideration of $1,250,000 in exploration work).
For further information, please refer to Beaufield's news release dated November 7, 2013.
RESSOURCES BEAUFIELD INC. (" BFD ")
TYPE DE BULLETIN : Convention d'achat de propriete, d'actif ou d'actions
DATE DU BULLETIN : Le 14 novembre 2013
Société du groupe 2 de TSX croissance
La Bourse a accepté le dépôt de documents relativement à une lettre d'intention (la « lettre d'intention ») datée du 5 novembre 2013 intervenue entre Ressources Melkior inc. (« Melkior ») et Ressources Beaufield inc. (« Beaufield »). En vertu de la lettre d'intention, Melkior et Beaufield formeront une coentreprise relativement à l'exploration et le dévelopement de la propriété Launay.
Selon les modalités de la lettre d'intention, Beaufield peut acquérir un intérêt initial de 10 % dans la coentreprise suite à la réalisation de 250 000 $ en travaux d'exploration pendant la première année suivant la signature de la lettre d'intention. Par la suite et pour chaque tranche de 250 000 $ en travaux d'exploration additionnels, Beaufield acquerra une tranche additionnelle de 10 % dans la coentreprise sur quatre ans jusqu'à un intérêt maximal de 50 % (pour une considération totale de 1 250 000 $).
Pour de plus amples informations, veuillez vous référer au communiqué de presse émis par Beaufield le 7 novembre 2013.
_________________________________________
BLACKBIRD ENERGY INC. ("BBI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 14, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 6, 2013:
| Number of Shares: |
7,340,000 flow-through shares 26,148,463 non flow-through shares |
|
||||||||
| Purchase Price: | |
$0.10 per flow-through share $0.09 per non flow-through share |
|
|||||||
| Warrants: | 26,148,463 share purchase warrants to purchase 26,148,463 shares | |||||||||
| Warrant Exercise Price: | $0.15 for a five year period | |||||||||
| Number of Placees: | 84 placees | |||||||||
| Insider / Pro Group Participation: | ||||||||||
| Name |
Insider=Y / ProGroup=P |
# of Shares |
||||||||
| Darrell Denney Sharon Denney Garth John Braun RAS Capital Corp. (Ron Schmitz) Hazel Lew Aggregate Pro Group Involvement [13 placees] |
Y Y Y Y Y P |
280,000 NFT 280,000 NFT 2,775,000 NFT 200,000 NFT 200,000 FT 1,850,000 FT 3,732,755 NFT |
||||||||
| Finders' Fees: | |
$9,597.60 cash and 106,640 warrants payable to Jordan Capital Markets Inc. $84,664.80 cash and 889,609 warrants payable to Canaccord Genuity Corp. $79,839.42 cash and 887,105 warrants payable to Haywood Securities Inc. $4,400 cash and 44,000 warrants payable to Macquarie Private Wealth $2,400 cash and 26,667 warrants payable to Scotia McLeod $1,600 cash and 16,000 warrants payable to RBC Dominion Securities $1,600 cash payable to Don Ronning |
||||||||
| - Finder's fee warrants are exercisable at $0.15 per share for two years. |
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.
________________________________________
CANASIL RESOURCES INC. ("CLZ")
BULLETIN TYPE: Warrant Price Amendment
BULLETIN DATE: November 14, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the reduction in the exercise price of the following warrants:
Private Placement:
| # of Warrants: Expiry Date of Warrants: Original Exercise Price of Warrants: New Exercise Price of Warrants: |
1,500,000 February 20, 2013, extended to November 20, 2013 on March 11, 2013 $0.35, repriced to $0.225 on March 11, 2013 $0.08 |
These warrants were issued pursuant to a private placement of 3,000,000 shares with 1,500,000 share purchase warrants attached, which was accepted for filing by the Exchange effective on February 27, 2012.
________________________________________
CLEAN SEED CAPITAL GROUP LTD. ("CSX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 14, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 31, 2013:
Second Tranche:
| Number of Shares: | 4,684,000 shares | |||||||||||
| Purchase Price: | $0.25 per share | |||||||||||
| Warrants: | 4,684,000 share purchase warrants to purchase 4,684,000 shares | |||||||||||
| Warrant Exercise Price: |
$0.35 in the first year $0.45 in the second year |
|
||||||||||
| Number of Placees: | 41 placees | |||||||||||
| Insider / Pro Group Participation: | ||||||||||||
| Name |
Insider=Y / ProGroup=P |
# of Shares |
||||||||||
| Lehla Moran Colin Rosengren Graeme Lempriere Ward Jensen Mark Tommasi Aggregate Pro Group Involvement [1 placee] |
Y Y Y Y Y P |
60,000 400,000 60,000 60,000 60,000 60,000 |
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.
________________________________________
CORTEZ GOLD CORP. ("CUT")
BULLETIN TYPE: Consolidation
BULLETIN DATE: November 14, 2013
TSX Venture Tier 2 Company
Pursuant to a resolution passed by the board of directors on August 29, 2013, the Company has consolidated its capital on a ten (10) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening on Friday, November 15, 2013, the common shares of Cortez Gold Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration / Development' company.
| Post - Consolidation Capitalization: Escrow: |
Unlimited 3,612,850 Nil |
shares with no par value of which shares are issued and outstanding shares |
||||||||
| Transfer Agent: | Computershare Investor Services Inc. | |||||||||
| Trading Symbol: CUSIP Number: |
CUT 220575203 |
(UNCHANGED) (new) |
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________________________________________
CRESO EXPLORATION INC. ("CXT")
BULLETIN TYPE: Halt
BULLETIN DATE: November 14, 2013
TSX Venture Tier 2 Company
Effective at 6:46 a.m., PST, November 14, 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.
________________________________________
CRESO EXPLORATION INC. ("CXT")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: November 14, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated November 14, 2013, effective at 8:30 a.m., November 14, 2013, trading in the shares of the Company will remain halted pending a review of the proposed Amalgamation by the TSX Venture Exchange and the filing of certain documents. 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.
________________________________________
ENTREC CORPORATION ("ENT")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: November 14, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has been advised by the Company that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated November 13, 2013, it may repurchase for cancellation, up to 8,561,671 shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange during the period November 20, 2013 to November 19, 2014. Purchases pursuant to the bid will be made by National Bank Financial Inc. on behalf of the Company.
________________________________________
EXPLOR RESOURCES INC. ("EXS")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 14, 2013
TSX Venture Tier 2 Company
Effective at 5:32 a.m., PST, November 14, 2013, shares of the Company resumed trading, an announcement having been made.
________________________________________
FIRESTEEL RESOURCES INC. ("FTR")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 14, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue an aggregate of 3,435,724 common shares of the Company ("Shares") to settle outstanding debt of $298,300. Pursuant to a Consulting Services Agreement dated July 1, 2012, 458,333 Shares at a deemed price of $0.06 per Share will be issued to Non-Arms Length Party to settle management fees for a period of 11 months. Additionally, the Company will issue 250,000 Shares at a deemed price per Share of $0.08 to a Non-Arm's Length consultant for geological services provided in reference to a Consulting Agreement dated March 1, 2013. An additional 10,000 Shares at $0.08 per Share will be issued to an Arm's Length consultant to settle debt for recording and consulting services provided. Finally, the Company will issue 2,717,391 Shares at $0.092 per Share to Lakes District Diamond Drilling Ltd. (Ken Worthington Contracting Ltd.) for drilling and demobilization costs pursuant to a Letter Agreement dated April 10, 2007.
| Number of Creditors: | 4 Creditors | |||||||||||||||||||||||
| Insider / Pro Group Participation: | ||||||||||||||||||||||||
| Creditor |
Insider=Y / Progroup=P |
Amount Owing |
Deemed Price per Share |
# of Shares |
||||||||||||||||||||
| Results Exchange Inc. (Michael Hepworth) Doublewood Consulting Inc. (Paul Sarjeant) |
Y Y |
$27,500 $20,000 |
$0.06 $0.08 |
458,333 250,000 |
________________________________________
FOCUS GRAPHITE INC. ("FMS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 14, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has accepted for filing the documentation relating to an arm's Property Acquisition Agreement (the "Agreement") dated October 16, 2013 between Société Minière Alta inc. (the "Vendor") and Focus Graphite Inc. (the "Company"), in connection with the purchase by the Company of a 100% interest in a group of 32 claims located in the James Bay area of Northern Quebec known as the Eastmain-Leran property. In consideration for the purchase of the 100% interest in the property, the Company paid the Vendor a total of $50,000 in cash and will issue 689,655 common shares.
The Company granted a royalty of 2% of the net smelter returns. The Company will have the right to purchase the 2% royalty by paying $500,000.
For further information, please refer to the Company's press release dated November 1, 2013.
FOCUS GRAPHITE INC. (« FMS »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 14 novembre 2013
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX (la « Bourse ») a accepté le dépôt de documents relativement à entente d'acquisition de propriété datée du 16 octobre 2013 entre Société Minière Alta inc. (le « vendeur ») et Focus Graphite inc. (la « société »), relativement à l'acquisition par la société d'un intérêt de 100 % dans 32 claims situés dans la région de la Baie James dans le nord du Québec, connus aussi comme la propriété Eastman-Leran. En considération de l'acquisition d'un intérêt de 100 % dans la propriété, la société a payé au vendeur un total de 50 000 $ en espèces et émettra 689 655 actions ordinaires.
La société a octroyé une royauté de 2 % sur les revenus nets de fonderie. La société aura le droit de racheter la royauté de 2 % en considération de 500 000 $.
Pour plus d'information, veuillez vous référer au communiqué de presse émis par la société le 1 novembre 2013.
___________________________________________
HORNBY BAY MINERAL EXPLORATION LTD. ("HBE")
BULLETIN TYPE: Consolidation, Stock Split
BULLETIN DATE: November 14, 2013
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders September 17, 2013, the Company has consolidated its capital on a one hundred (100) old for one (1) new basis and subsequently followed with a 1:100 share split. The name of the Company has not been changed.
Effective at the opening on Friday, November 15, 2013, the shares of Hornby Bay Mineral Exploration Ltd. will commence trading on TSX Venture Exchange on a consolidated/split basis. The Company is classified as a 'Mining (Non-Oil & Gas) Exploration/Development' company.
| Post - Consolidation Capitalization: Escrow: |
Unlimited 57,785,100 Nil |
shares with no par value of which shares are issued and outstanding (less approx. 22,550 shares pursuant to the consol/split) shares |
||||||||
| Transfer Agent: | Equity Transfer and Trust Company | |||||||||
| Trading Symbol: CUSIP Number: |
HBE 440553204 |
(UNCHANGED) (new) |
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________________________________________
IVRNET INC. ("IVI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 14, 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: | 6,380,000 shares | |||||||||||||||||||||
| Purchase Price: | $0.05 per share | |||||||||||||||||||||
| Number of Placees: | 18 placees | |||||||||||||||||||||
| Insider / Pro Group Participation: | ||||||||||||||||||||||
| Name |
Insider=Y / ProGroup=P |
# of shares |
||||||||||||||||||||
| David Snell Chris Topolniski Hanif Mohamed Maurice Reaume Resco Communications Services Ltd. (Steven Webb) M. Jacques Inc. (Marcel Jacques) Andrew Watts Kevin Wolff |
Y Y Y Y Y Y Y Y |
900,000 26,000 300,000 100,000 300,000 300,000 300,000 100,000 |
||||||||||||||||||||
| Finder's Fee: | None |
________________________________________
LITHIC RESOURCES LTD. ("LTH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 14, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 30, 2013:
| Number of Shares: | 3,000,000 shares | |||||||||||||||||||||
| Purchase Price: | $0.06 per share | |||||||||||||||||||||
| Number of Placees: | 4 placees | |||||||||||||||||||||
| Insider / Pro Group Participation: | ||||||||||||||||||||||
| Name |
Insider=Y / ProGroup=P |
# of Shares |
||||||||||||||||||||
| Wayne Hubert Kerry Curtis Patrocinium Services Corp. (Louis Montpellier) |
Y Y Y |
1,334,000 946,000 600,000 |
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.
________________________________________
MANADO GOLD CORP. ("MDO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 14, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 7, 2013:
| Number of Shares: | 3,100,000 shares | |||||||||||
| Purchase Price: | $0.05 per share | |||||||||||
| Warrants: | 3,100,000 share purchase warrants to purchase 3,100,000 shares | |||||||||||
| Warrant Exercise Price: | $0.05 for a three year period | |||||||||||
| Number of Placees: | 24 placees | |||||||||||
| Insider / Pro Group Participation: | ||||||||||||
| Name |
Insider=Y / ProGroup=P |
# of Shares |
||||||||||
| Aggregate Pro Group Involvement [1 placee] |
P |
200,000 |
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.]
________________________________________
MELKIOR RESOURCES INC. ("MKR")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: November 14, 2013
TSX Venture Tier 2 Company
The Exchange has accepted for filing the documentation relating to a Letter of Intent (the "LOI") dated November 5, 2013 between Melkior Resources Inc. ("Melkior") and Beaufield Resources Inc. ("Beaufield"). Pursuant to the LOI, Melkior and Beaufield will form a Joint-Venture concerning the exploration and development of the Launay Property.
According to the terms of the LOI, Beaufield may acquire an initial 10% interest in the Joint-Venture upon completion of $250,000 in exploration work within the first year following the signing of the LOI. Beaufield may subsequently acquire additional ownership-interest tranches of 10% each over the next four years where for each $250,000 spent on the Property by Beaufield, a further 10% tranche will have been earned, up to a maximum of 50% (for a total consideration of $1,250,000 in exploration work).
For further information, please refer to Melkior's news release dated November 7, 2013.
RESSOURCES MELKIOR INC. (« MKR »)
TYPE DE BULLETIN : Convention de vente d'actif ou convention de vente d'actions
DATE DU BULLETIN : Le 14 novembre 2013
Société du groupe 2 de TSX croissance
La Bourse a accepté le dépôt de documents relativement à une lettre d'intention (la « lettre d'intention ») datée du 5 novembre 2013 intervenue entre Ressources Melkior inc. (« Melkior ») et Ressources Beaufield inc. (« Beaufield »). En vertu de la lettre d'intention, Melkior et Beaufield formeront une coentreprise relativement à l'exploration et le développement de la propriété Launay.
Selon les modalités de la lettre d'intention, Beaufield peut acquérir un intérêt initial de 10 % dans la coentreprise suite à la réalisation de 250 000 $ en travaux d'exploration pendant la première année suivant la signature de la lettre d'intention. Par la suite et pour chaque tranche de 250 000 $ en travaux d'exploration additionnels, Beaufield acquerra une tranche additionnelle de 10 % dans la coentreprise sur quatre ans jusqu'à un intérêt maximal de 50 % (pour une considération totale de 1 250 000 $).
Pour de plus amples informations, veuillez vous référer au communiqué de presse émis par Melkior le 7 novembre 2013.
_________________________________________
METANOR RESOURCES INC. ("MTO")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 14, 2013
TSX Venture Tier 1 Company
Effective at 9:00 a.m., PST, November 14, 2013, shares of the Company resumed trading, an announcement having been made.
________________________________________
OYSTER OIL AND GAS LTD. ("OY")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 14, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Inc. (the "Exchange") bulletin dated March 8, 2013 wherein the Exchange accepted for filing an amended and restated share exchange agreement (the "Share Exchange Agreement") dated February 4, 2013 among Clemson Resources Corp. (now named Oyster Oil and Gas Ltd.) (the "Company"), Oyster Oil and Gas Limited ("Oyster") and the shareholders of Oyster (the "Sellers"), the Company will be issuing additional consideration to the Sellers pursuant to terms of the Share Exchange Agreement which requires additional consideration if the Company enters into certain additional acquisition agreements. The additional consideration is as follows:
- 1,853,785 common shares; and
- 1,166,945 share purchase warrants entitling the holder to purchase 1,166,945 common shares at a price of $0.625 per common share.
For further information please see the Company's news releases dated February 5, 2013, September 6, 2013 and October 24, 2013 which are available under the Company's profile on SEDAR.
_______________________________________
PROSPERITY GOLDFIELDS CORP. ("PPG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 14, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 14, 2013:
| Number of Shares: | 2,600,000 shares | |||||||||||||||||||||
| Purchase Price: | $0.05 per share | |||||||||||||||||||||
| Number of Placees: | 8 placees | |||||||||||||||||||||
| Insider / Pro Group Participation: | ||||||||||||||||||||||
| Name |
Insider=Y / ProGroup=P |
# of Shares |
||||||||||||||||||||
| Adrian Fleming Aggregate Pro Group Involvement [2 placees] |
Y P |
400,000 460,000 |
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.
________________________________________
SPHERE 3D CORPORATION ("ANY")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: November 14, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced October 25, 2013:
| Number of Shares: | 1,250,000 shares | ||||||||
| Purchase Price: | $3.35 per share | ||||||||
| Warrants: | 625,000 share purchase warrants to purchase 625,000 shares | ||||||||
| Warrant Exercise Price: | $4.50 for a two year period | ||||||||
| Number of Placees: | 25 placees | ||||||||
| Underwriter's Fee: | An aggregate of $251,250 in cash and 100,000 broker warrants payable to Cormark Securities Inc., Paradigm Capital Inc. and Jacob Securities Inc. Each broker warrant entitles the holder to acquire one unit at $3.35 for a two year period. |
For further details, please refer to the Company's news release dated November 12, 2013.
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STARLIGHT U.S. MULTI-FAMILY (No. 2) CORE FUND ("SUD.A") ("SUD.U")
BULLETIN TYPE: New Listing-IPO-Units, Halt
BULLETIN DATE: November 14, 2013
TSX Venture Tier 1 Company
The Fund's Initial Public Offering ("IPO") Prospectus dated October 30, 2013, has been filed with and accepted by TSX Venture Exchange, filed in Ontario and receipted by the Ontario Securities Commission, and filed in British Columbia, Alberta, Saskatchewan, Manitoba, Quebec, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador and deemed to have been receipted by the securities regulator in each of these jurisdictions, pursuant to the provisions of the securities legislations in each of these jurisdictions.
The IPO is expected to close on Friday, November 15, 2013. Gross proceeds to be received by the Fund in respect of the IPO will be for at least a minimum of US$22,000,000 of limited partnership units, comprised of Class A Units, Class D Units, Class F Units and Class C Units to be issued at C$10 per limited partnership unit and Class U Units to be issued at US$10 per limited partnership unit, of which only Class A Units and Class U Units are to be listed on the TSX Venture Exchange. The Fund is classified as a 'Real Estate" issuer.
Commence Date:
At the opening on Friday, November 15, 2013, the Class A Units and Class U Units (the "Listed Units") will be listed on TSX Venture Exchange and immediately halted. The Listed Units will commence trading on TSX Venture Exchange on the day following confirmation of closing of the acquisition of the Fund's Initial Portfolio, as described in the Prospectus.
The closing of the IPO is scheduled to occur on November 15, 2013. A further bulletin will be issued disclosing the details of the closing.
The closing of the acquisition of the Initial Portfolio is scheduled to occur on November 18, 2013. A further bulletin will be issued upon receipt of closing confirmation.
| Jurisdiction: | Ontario | ||||||||
| Capitalization: | Unlimited number of authorized limited partnership units at C$10 each for Class A (or US$10 for Class U), the number of Class A Units and Class U Units issued and outstanding is to be confirmed. | ||||||||
| Escrowed Units: | 600,000 Class C Units | ||||||||
| Transfer Agent: | Equity Financial Trust Company | ||||||||
| Class A Units Trading Symbol: CUSIP Number: |
SUD.A 85553V103 |
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| Class U Units Trading Symbol: CUSIP Number: |
SUD.U 85553V509 |
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| Agents: |
CIBC World Markets Inc. (the "Lead Agent"), National Bank Financial Inc., Scotia Capital Inc., GMP Securities LP, Raymond James Ltd., Canaccord Genuity Corp., Desjardins Securities Inc., Dundee Securities Ltd., and Macquarie Private Wealth Inc. |
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| Agent's Fees: | 5.25% of the aggregate purchase price of Class A Unit and Class U Units. | ||||||||
| Greenshoe Option: | The Company has granted a Greenshoe Option entitling the Agent/Underwriter to purchase additional Class A Units and/or Class U Units in an amount equal to 15% of the aggregate Class A Units and Class U Units issued at closing at a price of C$10 per Class A Unit and US$10 per Class U Unit up to the close of business on December 14, 2013. |
For further information, please refer to the Company's Prospectus dated October 30, 2013.
| Company Contact: Company Address: Company Phone Number: Company Fax Number: Company Website: Company Email Address: |
Evan Kirsh, President 401 The West Mall, Suite 1100, Toronto, Ontario, Canada M9C 5J5 (416) 234-8444 (416) 234-8445 www.starlightinvestments.com [email protected] |
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THERMAL ENERGY INTERNATIONAL INC. ("TMG")
BULLETIN TYPE: Halt
BULLETIN DATE: November 14, 2013
TSX Venture Tier 2 Company
Effective at 11:34 a.m., PST, November 14, 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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THERMAL ENERGY INTERNATIONAL INC. ("TMG")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 14, 2013
TSX Venture Tier 2 Company
Effective at 12:45 p.m., PST, November 14, 2013, shares of the Company resumed trading, an announcement having been made.
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TOSCA MINING CORP. ("TSQ")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 14, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of an Option Agreement dated November 6, 2013 between Tosca Mining Corp. (the "Company") and Alta Vista Ventures Ltd. (the "Optionor") whereby the Company may acquire a 100% interest in the Carol Copper Project (the "Property") consisting of approximately 756 hectares and is located 5 kilometers north-east of the Pierdras Verdes Porphyry Copper Mine in Sonora State, Mexico.
The consideration payable to the Optionor is cash payments totaling $50,000 payable in stages over a two-year period; the total issuance of 1,000,000 common shares of the Company payable in stages over a five-year period; and exploration expenditures on the Property in the amount of $2,200,000 payable in stages over a five-year period.
The Optionor will retain a 3% Net Smelter Return Royalty which may be repurchased for a total of $750,000.
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TRIOIL RESOURCES LTD. ("TOL")
BULLETIN TYPE: Delist-Offer to Purchase
BULLETIN DATE: November 14, 2013
TSX Venture Tier 2 Company
Effective at the close of business on Friday, November 15, 2013, the common shares of Trioil Resources Ltd. (the "Company") will be delisted from TSX Venture Exchange. The delisting of the Company's shares results from the acquisition the Company's shares by ORLEN Upstream sp. z o.o. through a wholly-owned subsidiary registered in the Netherlands, ORLEN Upstream International B.V. pursuant to a plan of arrangement under the Business Corporations Act (Alberta) (the "Arrangement"). Under the Arrangement, holders of Common Shares will receive $2.85 in cash per Common Share held.
For further information please refer to the information circular of the Company dated October 11, 2013 and the company's news releases dated September 16, 2013.
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WAR EAGLE MINING COMPANY INC. ("WAR")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: November 14, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a letter agreement dated August 8, 2013 whereby the Company agreed to sell all the shares of its Mexican subsidiary Tombstone Exploration de Mexico SA de CV ('Tombstone Mexico') to Contratista y Operaciones Mineras SA de CV. Tombstone Mexico is the owner of the Tres Marias zinc-lead-germanium project in Chihuahua, Mexico.
Total consideration for the purchase of Tombstone Mexico of US$2,500,000 cash will be satisfied by:
| (i) | US$50,000 payable on signing a definitive agreement with the balance in periodic payments over three years; and |
| (ii) | a 2% net smelter return royalty to a maximum of a further US$2,500,000 with a possible increase to a maximum of up to US$3,300,000 depending on metal sales volumes and prices. |
This proposed disposition was approved by Company shareholders on October 18, 2013 at the Company's annual general and special meeting.
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XXL ENERGY CORP. ("XL")
BULLETIN TYPE: Company Tier Reclassification
BULLETIN DATE: November 14, 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 Friday November 15, 2013, the Company's Tier classification will change from Tier 1 to:
Classification
Tier 2
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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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