VANCOUVER, Jan. 8, 2014 /CNW/ -
TSX VENTURE COMPANIES:
CADAN RESOURCES CORPORATION ("CXD")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: January 8, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 12, 2013:
| Convertible Debenture: | $2,546,362 | |||||||||
| Conversion Price: | Convertible into 31,829,526 units consisting of 31,829,526 common shares and 31,829,526 common share purchase warrants at $0.08 per unit of principal outstanding until June 1, 2014. |
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| Maturity date: | June 1, 2014 | |||||||||
| Warrants: | Each warrant will have a term with an expiry date of June 1, 2015 and entitle the holder to purchase one common share. The warrants are exercisable at the price of $0.08 per share till the expiry date. |
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| Interest rate: | 12 % per annum | |||||||||
| Number of Placees: | 7 placees | |||||||||
| Insider / Pro Group Participation: | ||||||||||
| Name |
Insider=Y / ProGroup=P |
# of Shares |
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| Yuzheng Xie | Y | 14,379,038 |
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.
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DECLAN RESOURCES INC. ("LAN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 8, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement dated December 2, 2013 (the 'Agreement') between the Company and Lakeland Resources Inc. (the 'Optionor'). Pursuant to the terms of the Agreement, the Company may acquire a 70% interest in Gibbon's Creek Property located in the Athabasca Basin in northern Saskatchewan (the 'Property'). By way of consideration, the Company will make cash payments totalling $1,500,000 over a four-year period and will issue 11,000,000 shares at a deemed price of $0.085 per share over four years. The Property is subject to a 2% NSR is favour of the Optionor of which the Company may repurchase 1% for $1,000,000.
A finder's fee of 317,647 shares with a deemed price of $0.085 per share is payable to Jody Dahrouge.
Please refer to the Company's news release dated December 4, 2013 for further details.
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FAIRMONT RESOURCES INC. ("FMR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 8, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing a Mineral Property Purchase Agreement between Fairmont Resources Inc. (the "Company") and Christian Tremblay and Frederic Bergeron (the "Vendors"), whereby the Company may acquire a 100% interest in the Buttercup Property (the "Property") located 30 kilometres north of Chicoutimi, Quebec and consisting of 25 mineral claims totalling approximately 1,379.31 hectares. Consideration consists of the issuance of 1,000,000 shares to the Vendors, initial cash payments totalling $150,000 and further payments upon commencement of commercial production. See the Company's news release dated December 18, 2013 for further details.
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GOLD JUBILEE CAPITAL CORP. ("GJB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 8, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the Second and Final Tranche of a Non-Brokered Private Placement announced December 3, 2013 and December 6, 2013:
| Number of Shares: | 2,525,000 shares | |||||||||||||||||||||
| Purchase Price: | $0.10 per share | |||||||||||||||||||||
| Number of Placees: | 16 placees | |||||||||||||||||||||
| Insider / Pro Group Participation: | ||||||||||||||||||||||
| Name |
Insider=Y / ProGroup=P |
# of Shares |
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| 0922843 BC Ltd. (Tag Gill) Aggregate Pro Group Involvement [5 placees] |
Y P |
175,000 600,000 |
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.
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GOWEST GOLD LTD. ("GWA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 8, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 22, 2013:
| Number of Units: | 2,363,727 flow-through units ("FT Units") Each FT Unit consists of one common share issued on a flow-through basis and one common share purchase warrant ("Warrant"). 1,400,000 units ("Units") Each Unit consists of one common share and one Warrant. |
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| Purchase Price: | $0.055 per FT Unit $0.05 per Unit |
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| Warrants: | 3,763,727 share purchase warrants to purchase 3,763,727 shares | |||||||||
| Warrant Exercise Price: | $0.08 for a period of two years from date of issuance. | |||||||||
| Number of Placees: | 4 placees | |||||||||
| Insider / Pro Group Participation: | ||||||||||
| Name |
Insider=Y / ProGroup=P |
# of Securities |
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| Jeremy Niemi C. Fraser Elliot Gregory Romain |
Y Y Y |
400,000 Units 1,000,000 Units 909,091 FT Units 363,636 FT Units |
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| Finder's Fee: | $4800 cash payable to Acclient Capital Management Inc. |
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PACIFIC WILDCAT RESOURCES CORP. ("PAW")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s, Amendment
BULLETIN DATE: January 8, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the amendment of a Non-Brokered Private Placement originally announced on September 7, 2012 and accepted by TSX Venture Exchange on October 25, 2012:
| Convertible Debenture: | $1,000,000 (two tranches of $500,000 each issued September 12, 2012 and November 26, 2012) | |||||
| Amended Conversion Price: | Convertible into units consisting of one common share and one common share purchase warrant at $0.05. | |||||
| Amended Maturity date: | July 1, 2014 | |||||
| Amended Warrants: | Each warrant will be exercisable at $0.05 per share until July 1, 2015. |
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PASSPORT ENERGY LTD. ("PPO")
BULLETIN TYPE: Halt
BULLETIN DATE: January 8, 2014
TSX Venture Tier 2 Company
Effective at 10:20 a.m., PST, January 8, 2014, 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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RED PINE EXPLORATION INC. ("RPX")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: January 8, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 2, 2013:
| Number of Shares: |
25,350,000 flow-through shares 6,650,000 non-flow-through shares |
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| Purchase Price: |
$0.05 per flow-through share $0.05 per non-flow-through share |
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| Warrants: | 32,000,000 share purchase warrants attached to purchase 32,000,000 shares | ||||||||||
| Warrant Exercise Price: | $0.05 for a four year period | ||||||||||
| Number of Placees: | 28 placees | ||||||||||
| Insider / Pro Group Participation: | |||||||||||
| Name |
Insider=Y / ProGroup=P |
# of Shares |
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| Aggregate ProGroup Involvement [5 placees] |
P |
3,150,000 |
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| Agent's Fee: | An aggregate of $144,000 plus 3,200,000 broker warrants (each exercisable into one common share at a price of $0.05 for a four year period) is payable to IBK Capital Corp., CIBC World Markets, Sherbrooke Street Capital Inc., MacDougall, MacDougall & MacTier, Brant Securities, Oberon Capital and Secutor Capital Management Corporation. |
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.
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STEM CELL THERAPEUTICS CORP. ("SSS")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: January 8, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced December 13, 2013:
| Number of Shares: |
79,247,693 common shares and 77,895,165 non-voting convertible first preferred shares |
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| Purchase Price: | $0.21 per share | |||||||||
| Warrants: | 117,857,142 share purchase warrants to purchase 117,857,142 shares | |||||||||
| Warrant Exercise Price: | $0.28 for a five year period | |||||||||
| Number of Placees: | 39 placees | |||||||||
| Insider / Pro Group Participation: | ||||||||||
| Name |
Insider=Y / ProGroup=P |
# of Shares |
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| R. Dean Peterson Stilco Corporation (Calvin Stiller) |
Y Y |
833,334 1,137,500 |
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| Agent's Fee: | An aggregate of $1,051,616 in cash and 5,014,839 Agents' warrants payable to Bloom Burton & Co., Loewen Ondaatje McCutcheon Limited and ROTH Capital Partners, LLC. Each Agent's warrant entitles the holder to acquire one common share at $0.21 until December 13, 2015. |
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.
For further details, please refer to the Company's news release dated December 17, 2013.
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STRATTON CAPITAL CORP. ("SNK.P")
BULLETIN TYPE: Halt
BULLETIN DATE: January 8, 2014
TSX Venture Tier 2 Company
Effective at 12:48 p.m., PST, January 8, 2014, 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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SUNSHINE AGRI-TECH INC. ("SAI")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: January 8, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation respective to a corporate reorganization whereby its indirect subsidiary, Dalian Sunshine Agri-Tech Co. Ltd. acquired the 100% equity interest in Changchun Sunshine Bio-Feed Co. Ltd. Pursuant to the reorganization, the Company's relationship with its Chinese operating entity has been effectively converted from a VIE arrangement into an equity ownership.
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TAJIRI RESOURCES CORP. ("TAJ")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: January 8, 2014
TSX Venture Tier 2 Company
Further to the bulletins dated December 7, 2011 and July 31, 2012, TSX Venture Exchange has accepted for expedited filing documentation of an amending agreement dated November 4, 2013 between Tajiri Resources Corp. (the "Issuer") and Arrowhead Gold Corp. (the "Vendor") whereby the Issuer may finalize its acquisition of 100% interest in the Kaburi PL Gold Property, District 7, Guyana, South America.
In satisfaction of existing obligations under agreements dated October 21, 2011 and June 27, 2012, the Issuer will make a cash payment of $50,000 and issue 1,650,000 shares.
| Insider / Pro Group Participation: | |||||||||||
| Name |
Insider=Y / ProGroup=P |
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| Steve Smith Zachery Dingsdale Iqbal Boga Rick Timcke |
Y Y Y Y |
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THE MINT CORPORATION ("MIT")
BULLETIN TYPE: Halt
BULLETIN DATE: January 8, 2014
TSX Venture Tier 2 Company
Effective at 9:23 a.m., PST, January 8, 2014, trading in the shares of the Company was halted pending Company contact. 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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THE MINT CORPORATION ("MIT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: January 8, 2014
TSX Venture Tier 2 Company
Effective at 1:00 p.m., PST, January 8, 2014, shares of the Company resumed trading, an announcement having been made.
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URACAN RESOURCES LTD. ("URC")
BULLETIN TYPE: Private Placement-Non-Brokered, Correction
BULLETIN DATE: January 8, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletin dated January 7, 2014, the bulletin should have read as follows:
Further to the TSX Venture Exchange bulletin dated December 27, 2013 with respect to the first tranche of the Non-Brokered Private Placement announced November 19, 2013, the amount subscribed by Tom Garagan is for 264,700 non-flow-through as well as 100,000 flow-through SHARES.
The rest of the bulletin remains unchanged.
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WESTSTAR RESOURCES CORP. ("WER")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 8, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of a Property Purchase Agreement dated December 16, 2013 between Weststar Resources Corp. (the "Company") and Ashburton Ventures Inc. (the "Vendor") whereby the Company has acquired a 100% interest in 16 mineral claims, covering approximately 256 hectares located in Ontario, Canada (the Page Property, the "Property"). The consideration payable to the Vendor is 600,000 common shares of the Company.
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NEX COMPANIES:
DATUM VENTURES INC. ("DAT.H")
BULLETIN TYPE: Remain Suspended
BULLETIN DATE: January 8, 2014
NEX Company
Further to the bulletins dated June 21, 2013 and July 22, 2013, TSX Venture Exchange has accepted for filing a Termination of Mining Option Agreement (the "Termination Agreement") between Datum Ventures Inc. (the "Company") and 524520 B.C. Ltd., Chilcotin Capital Corp. (collectively, the "Optionors") and Lawrence Barry dated December 17, 2013.
As part of the Termination Agreement, the Company will issue the Optionors an aggregate of 200,000 common shares in the Company, 50% to each of 524520 B.C. Ltd. and Chilcotin Capital Corp.
Shares in the Company will remain suspended as the Company has announced a new Qualifying Transaction.
For further information, please see the Company's news releases dated December 18, 2013 and December 20, 2013.
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MANGAZEYA MINING LTD. ("MGZ.H")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: January 8, 2014
NEX Company
TSX Venture Exchange has accepted for filing, a revised Bridge Loan Agreement dated December 30, 2013, between the Company (the "borrower") and Unique Goals International Ltd. ("Unique Goals") (the "Lender") whereby the parties have agreed to increase the principal amount of the Bridge Loan from US$25 Million plus interest to US$40 Million plus interest and the maturity date of the Bridge Loan extended from December 31, 2013 to December 31, 2014. 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 Goals.
For further information, please refer to the Company's news release dated December 30, 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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