VANCOUVER, Nov. 21, 2013 /CNW/ -
TSX VENTURE COMPANIES:
ADROIT RESOURCES INC. ("ADT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 21, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing a Letter Agreement dated November 13, 2013 between the Company and Lance H. Eden whereby the Company has acquired a 100% interest in 15 claim units located in the South Timmins Mining Camp, Porcupine Mining Division of Ontario. Consideration is 40,000 common shares.
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ALIX RESOURCES CORP. ("AIX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 21, 2013
TSX Venture Tier 2 Company
Effective at 8:15 a.m., PST, November 21, 2013, shares of the Company resumed trading, an announcement having been made.
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AMERICAN VANADIUM CORP. ("AVC")
BULLETIN TYPE: Shares for Bonuses, Amendment
BULLETIN DATE: November 21, 2013
TSX Venture Tier 1 Company
Further to the bulletin dated August 9, 2011 with respect to the issuance of 500,000 performance bonus shares to Mike Doyle, the Exchange has accepted for filing an Amendment to Amended and Restated Consulting Services Agreement dated November 1, 2013 whereby the aggregate number of shares to be issued is reduced to 425,000 shares, issuable as follows:
i) | 75,000 shares upon execution of the amendment of the Agreement; |
ii) | 75,000 shares upon completion of project permitting with the milestone being a letter to proceed with the project from the Bureau of Land Management and Nevada Division of Environmental Protection; |
iii) | 75,000 shares upon completion of detailed engineering and revised feasibility study and NI 43-101 report; |
iv) | 100,000 shares upon application of solution to pad; and |
v) | 100,000 shares upon public disclosure of economic production. |
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ANIMAS RESOURCES LTD. ("ANI")
BULLETIN TYPE: Halt
BULLETIN DATE: November 21, 2013
TSX Venture Tier 2 Company
Effective at 9:11 a.m., PST, November 21, 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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AZINCOURT URANIUM INC. ("AAZ")
BULLETIN TYPE: Halt
BULLETIN DATE: November 21, 2013
TSX Venture Tier 2 Company
Effective at 12:36 p.m., PST, November 21, 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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CASTLE MOUNTAIN MINING COMPANY LIMITED ("CMM")
BULLETIN TYPE: Halt
BULLETIN DATE: November 21, 2013
TSX Venture Tier 1 Company
Effective at 11:24 a.m., PST, November 21, 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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CASTLE MOUNTAIN MINING COMPANY LIMITED ("CMM")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 21, 2013
TSX Venture Tier 1 Company
Effective at 12:45 p.m., PST, November 21, 2013, shares of the Company resumed trading, an announcement having been made.
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CHANGFENG ENERGY INC. ("CFY")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: November 21, 2013
TSX Venture Tier 2 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 19, 2013, it may repurchase for cancellation, up to 3,000,000 shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange during the period November 27, 2013 to November 26, 2014. Purchases pursuant to the bid will be made by National Bank Financial on behalf of the Company.
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DUNCASTLE GOLD CORP. ("DUN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 21, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing a Purchase Option Agreement dated November 7, 2013 between Duncastle Gold Corp. (the "Company") and Perry Vern English for and on behalf of Rubicon Minerals Corporation and DLK Minerals Ltd., whereby the Company has the option to acquire a 100% interest in the Patricia Mining Division in Ontario (the "Property"). Total consideration consists of $86,000 ($8,000 in the first year) and the issuance of 1,000,000 shares of the Company. The Property is subject to a 2% NSR of which the Company may re-purchase 1% for $1,000,000.
For further details see the Company's news release dated November 14, 2013.
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EL NINO VENTURES INC. ("ELN")
BULLETIN TYPE: Consolidation, Correction
BULLETIN DATE: November 21, 2013
TSX Venture Tier 1 Company
Further to the TSX Venture Exchange bulletin dated November 20, 2013, it should be noted that the
Symbol "ELN" is (UNCHANGED) and not (new).
All other terms and conditions in the bulletin remain the same.
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ESTRELLA INTERNATIONAL ENERGY SERVICES LTD. ("EEN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Private Placement Non-Brokered, Convertible Securities
BULLETIN DATE: November 21, 2013
TSX Venture Tier 1 Company
Property-Asset or Share Purchase Agreement
TSX Venture Exchange has accepted for filing documentation in connection with the arm's length acquisition (the Acquisition) of all the issued and outstanding shares of San Antonio International Co. Inc. (San Antonio), a private onshore drilling and exploration production services company based in Colombia. The Acquisition, as reflected in a Share Purchase Agreement dated June 16, 2013 (the Purchase Agreement) and entered into among the Company and the vendors, San Antonio International Oil and Gas Services LLC and Armadillo Drilling Services LLC. (collectively, the Vendors) provided for the payment by the Company to the Vendors at closing, of approximately US$122 million cash, with an additional US$32.5 million to be injected into San Antonio to repay certain indebtedness for working capital and other corporate purposes.
In order to complete the Acquisition, the Company entered into a secured loan agreement dated June 16, 2013 (the Shareholder Loan) with Ringo Holding L.P. (Ringo), the existing control person of the Company, whereby Ringo agreed to loan the Company up to US$97 million. Concurrently with the Shareholder Loan, the Company obtained an additional US$58 million loan from certain Colombian financial institutions. As a consequence, and based on these loans, the Company was able to complete the Acquisition, which was announced on August 1, 2013.
In order to repay the Shareholder Loan advanced to the Company by Ringo, the Company completed a private placement (the Private Placement) of 24,664,514 non-voting Series B Preferred Shares of the Company (the Preference Shares) issuable at a price of $5.00 per share for gross proceeds of $123,322,570. The Preference Shares are subject to various terms and conditions, including the right by the holder to convert the Preference Shares for no additional consideration, on a one for one basis, into common shares of the Company.
The participation in the Private Placement by Ringo was subject to the approval of disinterested shareholders of the Company, which approval was obtained on August 19, 2013.
Further details on the Acquisition and the Private Placement, may be found in the Company's Management Information Circular dated July 23, 2013, as well as in news releases dated June 17, August 1, and November 4, 2013, all of which may be found on SEDAR at www.sedar.com.
Private Placement Non-Brokered, Convertible Securities
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement initially announced on June 17, 2013:
Convertible Security: | $123,322,570 of convertible non-voting Series B Preferred Shares | |||||||||
Conversion: | Convertible into 24,664,514 common shares | |||||||||
Number of Placees: | 1 placee | |||||||||
Insider / Pro Group Participation: | ||||||||||
Name |
Insider=Y / ProGroup=P |
# of Preference Shares |
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Ringo Holding LP | Y | 24,664,514 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release on November 4, 2013 announcing the closing of the Private Placement and setting out the expiry dates of the hold period(s).
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MADISON CAPITAL CORPORATION ("MDC.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: November 21, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated November 18, 2013, effective at 9:45 a.m., November 21, 2013, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding a Qualifying Transaction pursuant to TSXV Listings 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.
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MADISON CAPITAL CORPORATION ("MDC.P")
BULLETIN TYPE: Regional Office Change, Remain Halted
BULLETIN DATE: November 21, 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 to Calgary.
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NEMASKA LITHIUM INC. ("NMX")
BULLETIN TYPE: Prospectus-Unit Offering
BULLETIN DATE: November 21, 2013
TSX Venture Tier 2 Company
The Company's Short Form Base Shelf Prospectus dated March 4, 2013 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Alberta, British Columbia, Ontario and Autorité des marchés financiers pursuant to the provisions of the Alberta, British Columbia, Ontario and Québec Securities Act. TSX Venture Exchange (the "Exchange") has also accepted the filing of the Company's second Prospectus Supplement (dated October 16, 2013). The Exchange has been advised that the Offering closed on October 28, 2013, as well as on November 8, 2014 and November 14, 2013.
Agent: | Secutor Capital Management Corporation. | |||||
Offering: | The offering consists of (i) a maximum of 20,833,333 Units at a price of $0.12 per Unit. Each Unit consists of one common share and one half of one common share purchase warrant. Each full warrant entitles the holder to purchase one additional common share at the exercise price of $0.18 per share during a period of 24 months following the closing date. After the 20th day following the closing of the Offering, the Company may accelerate the expiration date of the warrants in the instance where the weighted average trading price of the common shares on the Exchange is $0.35 or more for a period of 20 consecutive trading days. | |||||
Offering Price: | $0.12 per Unit | |||||
Warrant Exercise Price: | $0.18 per share during a period of 24 months, subject to an acceleration clause. | |||||
Agent and Finder's Fee: | $191,440.47 in cash was paid to the Agent and VSA Capital Limited ("VSA"). Further, VSA received 136,000 Options exercisable into 136,000 common shares at $0.12 per share for a period of five years following the closing of the Offering. |
The Company has confirmed the closing of the public offering by means of news releases dated October 28, 2013, November 11 2013and November 14, 2013. The aggregate gross proceeds received by the Company for the Offering is $2,499,999.84 (20,833,332 Units at $0.12 per Unit).
NEMASKA LITHIUM INC. (« NMX »)
TYPE DE BULLETIN : Émission d'unités par prospectus
DATE DU BULLETIN : Le 21 novembre 2013
Société du groupe 2 de TSX Croissance
Le prospectus préalable de base simplifié de la société daté du 4 mars 2013 a été déposé et accepté par la Bourse de croissance TSX et a été déposé et visé par l'Autorité des marchés financiers et les Commissions des valeurs mobilières de l'Alberta, la Colombie-Britannique et l'Ontario, en vertu des dispositions des Lois sur les valeurs mobilières du Québec, l'Alberta, la Colombie-Britannique et l'Ontario. La Bourse de croissance TSX (la « Bourse ») a également accepté le dépôt du deuxième supplément à ce prospectus (daté du 16 octobre 2013). La Bourse a été avisée que l'offre a clôturé le 28 octobre, ainsi que les 8 et 14 novembre 2013.
Placeur pour compte : | Secutor Capital Management Corporation | ||||
Offre : | Le placement consiste en : (i) Un maximum de 20 833 333 unités au prix de 0,12 $ par unité. Chaque unité comprend une action ordinaire et un demi-bon de souscription. Chaque bon de souscription entier permet au détenteur d'acquérir une action additionnelle au prix d'exercice de 0,18 $ par action durant une période de 24 mois suivant la date de clôture. La société pourra devancer la date d'expiration des bons de souscription dans l'éventualité où si, entre la date d'expiration des bons et à tout moment à compter du 20e jour ouvrable suivant la date de clôture du financement, le cours moyen pondéré des actions ordinaires inscrites à la cote s'établit à 0,35 $ ou plus pendant une période de 20 jours ouvrables consécutifs. | ||||
Prix de l'offre : | 0,12 $ par unité | ||||
Prix d'exercice des bons : | 0,18 $ par action durant une période de 24 mois, sujet à une clause d'accélération telle que décrite ci-dessus. | ||||
Commission au placeur et à l'intermédiaire : |
|
191 440,47 $ en espèces a été reçu par le placeur pour compte et VSA Capital Ltée (« VSA ») sous forme d'espèces. De plus, VSA a reçu 136 000 options permettant d'acquérir 136 000 actions ordinaires au prix de 0,12 $ l'action pendant une période de cinq ans suivant la clôture de l'offre. |
La société a confirmé la clôture de l'appel public à l'épargne par voie des communiqués de presse datés des 28 octobre, 11 novembre et 14 novembre 2013. Le produit brut reçu par la société en vertu de l'appel public à l'épargne est 2 499 999,84 $ (20 833 332 unités au prix de 0,12 $ par unité).
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PIVOT TECHNOLOGY SOLUTIONS, INC. ("PTG")
BULLETIN TYPE: Halt
BULLETIN DATE: November 21, 2013
TSX Venture Tier 2 Company
Effective at 12:37 p.m., PST, November 21, 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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PRIMA FLUORSPAR CORP. ("PF")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 21, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 3, 2013:
FINAL TRANCHE:
Number of Shares: |
150,000 non flow through shares 1,250,000 flow through shares |
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Purchase Price: |
$0.10 per non flow through share $0.12 per flow through share |
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Warrants: | 775,000 share purchase warrants to purchase 775,000 shares | |||||
Warrant Exercise Price: |
$0.15 for a two year period for non flow through $0.18 for a two year period for flow through |
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Number of Placees: | three placees | |||||
Finder's Fee: |
$12,000 plus 50,000 agents warrants exercisable at $0.18 per share for a two year period is payable to Medalist Capital Ltd. $800 plus 8,000 agents warrants exercisable at $0.15 per share for a two year period is payable to Canaccord Genuity Corp. |
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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QUIZAM MEDIA CORPORATION ("QQ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 21, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 18, 2013:
Number of Shares: | 1,620,000 shares | |||||||||||
Purchase Price: | $0.05 per share | |||||||||||
Warrants: | 810,000 share purchase warrants to purchase 810,000 shares | |||||||||||
Warrant Exercise Price: | $0.12 for a one year period | |||||||||||
Number of Placees: | 3 placees | |||||||||||
Insider / Pro Group Participation: | ||||||||||||
Name |
Insider=Y / ProGroup=P |
# of Shares |
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Blueskyview Softwared Corp. (Russ Rossi) |
Y |
580,000 |
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Finder's Fee: | |
20,000 shares payable to Sylvain Dostie 4,000 shares payable to Pierre Labbe |
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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ROOSTER ENERGY LTD. ("COQ")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: November 21, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange accepts for filing documentation pursuant to a Credit Agreement dated October 11, 2013 (the "Agreement"). As per the terms of the Agreement, the Company will be financed with a CDN $8 million term facility from The K2 Principal Fund L.P. and Chester Morrison, Jr. (the "Lenders). The maximum amount of the loan will be $8 million with an initial advance of $4 million at an interest rate of 9%. The Lenders are the two largest shareholders of the Company.
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SAVARY GOLD CORP. ("SCA")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: November 21, 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 to Toronto.
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SECTION ROUGE MÉDIA INC. ("SRO")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 21, 2013
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated March 1, 2013 and the Company's press release dated November 20, 2013, the Company's proposed reverse takeover has been terminated.
Effective at the opening on Friday, November 22, 2013, trading will resume in the Securities of the Company.
SECTION ROUGE MÉDIA INC. (« SRO »)
TYPE DE BULLETIN : Reprise de la négociation
DATE DU BULLETIN : Le 21 novembre 2013
Société du groupe 2 de TSX croissance
Suite aux bulletins de Bourse de croissance TSX daté du 1er mars 2013 et au communiqué de presse de la société daté du 20 novembre 2013, la prise de contrôle inversée projetée par la société a été abandonnée.
La négociation des titres de la société sera reprise à l'ouverture des marchés le 22 novembre 2013.
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STORM RESOURCES LTD. ("SRX")
BULLETIN TYPE: Prospectus- Share Offering
BULLETIN DATE: November 21, 2013
TSX Venture Tier 2 Company
Effective November 8, 2013, the Company's Short Form Prospectus dated November 8, 2013 was filed with and accepted by TSX Venture Exchange and filed with and receipted by the Alberta and Ontario Securities Commissions on November 8, 2013. The prospectus has been filed under Multilateral Instrument 11-102 Passport System in British Columbia, Saskatchewan, Manitoba, Quebec, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador. A receipt for the prospectus is deemed to be issued by the regulator in each of those jurisdictions, if the conditions of the Instrument have been satisfied.
TSX Venture Exchange has been advised that closing occurred on November 19, 2013, for gross proceeds of $30,150,000.
Agent: |
FirstEnergy Capital Corp. Peters & Co. Limited National Bank Financial Inc. Clarus Securities Inc. RBC Dominion Securities Inc. Cormark Securities Inc. Macquarie Capital Markets Canada Ltd. |
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Offering: | 9,000,000 common shares ("Shares") | ||||
Share Price: | $3.35 per Share | ||||
Underwriter's Commission: | Cash commission equal to 5% of the gross proceeds of the Offering to be paid to the Underwriters. |
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STRATEGIC METALS LTD. ("SMD")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: November 21, 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 20, 2013, it may repurchase for cancellation, up to 7,300,000 shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange during the period November 26, 2013 to November 25, 2014. Purchases pursuant to the bid will be made by PI Finance Corp. on behalf of the Company.
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TOSCANA ENERGY INCOME CORPORATION ("TEI") ("TEI.DB")
BULLETIN TYPE: Graduation
BULLETIN DATE: November 21, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has been advised that the Company's shares and convertible debentures will be listed and commence trading on Toronto Stock Exchange at the opening on Friday, November 22, 2013, under the symbols "TEI" and "TEI.DB", respectively.
As a result of this Graduation, there will be no further trading under the symbols "TEI" and "TEI.DB" on TSX Venture Exchange after Thursday, November 21, 2013, and its shares and convertible debentures will be delisted from TSX Venture Exchange at the commencement of trading on Toronto Stock Exchange.
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TRIUMPH VENTURES ll CORPORATION ("TVT.P")
BULLETIN TYPE: Halt
BULLETIN DATE: November 21, 2013
TSX Venture Tier 2 Company
Effective at 11:30 a.m.. PST, November 21, 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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VANADIUMCORP RESOURCE INC. ("VRB")
[formerly PacificOre Mining Corp. ("PC")]
BULLETIN TYPE: Name Change
BULLETIN DATE: November 21, 2013
TSX Venture Tier 1 Company
Pursuant to a directors' resolution dated November 4, 2013, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening on Friday, November 22, 2013, the common shares of Vanadiumcorp Resource Inc. will commence trading on TSX Venture Exchange, and the common shares of PacificOre Mining Corp. will be delisted. The Company is classified as a "Resource" company.
Capitalization: Escrow: |
Unlimited 163,392,824 nil |
shares with no par value of which shares are issued and outstanding shares |
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Transfer Agent: | Computershare Investor Services Inc. | ||||||||
Trading Symbol: CUSIP Number: |
VRB 921428108 |
(new) (new) |
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VENDETTA MINING CORP. ("VTT")
BULLETIN TYPE: Halt
BULLETIN DATE: November 21, 2013
TSX Venture Tier 2 Company
Effective at 9:19 a.m., PST, November 21, 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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WEST MOUNTAIN CAPITAL CORP. ("WMT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 21, 2013
TSX Venture Tier 2 Company
Effective at 10:15 a.m., PST, November 21, 2013, shares of the Company resumed trading, an announcement having been made.
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ZADAR VENTURES LTD. ("ZAD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 21, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of a Purchase and Sale Agreement dated October 28, 2013 between Zadar Ventures Ltd. (the "Company") and Canterra Minerals Corp.("Canterra"), Triex Minerals Corp. ("Triex", a wholly owned subsidiary of Canterra) and Africa Oil Corp. ("Africa") whereby the Company may acquire a 100% interest in two mineral claims covering an 11,414 hectare area, known as the Highrock and Riverlake Properties (the "Properties") located in the Athabasca Basin, Saskatchewan. Triex and Africa are parties to a joint venture on the Properties.
The consideration payable is 160,000 common shares of the Company to Canterra and 170,000 common shares of the Company to Africa.
The Company will pay to Canterra the Net Smelter Return royalty that is equal to 2% of product sales arising from production on the Properties.
For further information please refer to the Company's news release dated November 20, 2013.
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SOURCE: TSX Venture Exchange
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