VANCOUVER, Jan. 14, 2014 /CNW/ -
TSX VENTURE COMPANIES:
ALEXANDRIA MINERALS CORPORATION ("AZX")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: January 14, 2014
TSX Venture Tier 2 Company
The TSX Venture Exchange Inc. has accepted documentation in connection with an asset purchase agreement (the "Agreement") between Alexandria Minerals Corporation (the "Company") and Agnico Eagle Mines Limited ("Agnico") dated January 13, 2014. Under the Agreement, the Company has agreed to sell its 100% interest in 14 mining claims (the "Property") located in Bourlamanque and Louvincourt Townships, Quebec for cash consideration of $5,000,000.
The Company will retain a 2% net smelter royalty on any proceeds of the production of all minerals and metals after gold production has exceeded 210,000 ounces from the Property.
Insider / Pro Group Participation: Nil
For further information please see the Company's news release dated January 14, 2013 which is available under the Company's profile on SEDAR.
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ANALYTIXINSIGHT INC. ("ALY")
BULLETIN TYPE: Halt
BULLETIN DATE: January 14, 2014
TSX Venture Tier 2 Company
Effective at 7:11 a.m., PST, January 14, 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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ANALYTIXINSIGHT INC. ("ALY")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: January 14, 2014
TSX Venture Tier 2 Company
Effective at 8:00 a.m., PST, January 14, 2014, shares of the Company resumed trading, an announcement having been made.
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ASB CAPITAL INC. ("ASB.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: January 14, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated January 9, 2014, effective at 12:26 p.m., January 14, 2014, 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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ASHBURTON VENTURES INC. ("ABR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 14, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the following:
- A Property Agreement dated November 19, 2013 between Tom Morgan, Bill Karman (collectively, the "Vendors") and the Company whereby the Company has been granted an option to acquire a 100% right, title and interest in and to the Spy Property that is located in the Yukon Territory. Consideration a total of 350,000 common shares of which each Vendor will receive 175,000 common shares. The agreement is subject to a net smelter return royalty of 3%. The Company may buy back 2% such that 1% remains for $1,000,000 subject to further Exchange review and acceptance.
- A Property Agreement dated November 6, 2013 between Tom Morgan (the "Vendor") and the Company whereby the Company has been granted an option to acquire an undivided 100% right, title and interest in and to the Ultra Property that is located in the Yukon Territory. Consideration is a total of $85,000 (over a five year period), 450,000 common shares (over a two year period) and $550,000 in exploration expenditures over a four year period. The agreement is subject to a net smelter return royalty of 2%. The Company may buy back 1% such that 1% remains for $1,000,000 subject to further Exchange review and acceptance.
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AURIGA GOLD CORP. ("AIA")
BULLETIN TYPE: Consolidation
BULLETIN DATE: January 14, 2014
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders January 2, 2014, the Company has consolidated its capital on a (10) ten old for (1) one new basis. The name of the Company has not been changed.
Effective at the opening, Wednesday, January 15, 2014, the common shares of Auriga Gold Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mining' company.
Post - Consolidation Capitalization: Escrow: |
Unlimited 6,578,134 nil |
shares with no par value of which shares are issued and outstanding shares |
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Transfer Agent: | Equity Financial Trust Company | |||||||||
Trading Symbol: CUSIP Number: |
AIA 05156T701 |
(UNCHANGED) (new) |
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BLUESTONE RESOURCES INC. ("BSR")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: January 14, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 18, 2013 and January 7, 2014:
Convertible Debenture: | $130,000 | |||||||||
Conversion Price: | Convertible into 2,600,000 units consisting of 2,600,000 common shares and 2,600,000 common share purchase warrants at $0.05 per unit of principal outstanding until March 22, 2014. |
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Maturity date: | March 22, 2014 | |||||||||
Warrants: | Each warrant will have a term of four months from the date of issuance of the notes and entitle the holder to purchase one common share. The warrants are exercisable at the price of $0.05 per share for the term. |
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Interest rate: | 12% per annum | |||||||||
Number of Placees: | 1 placee | |||||||||
Insider / Pro Group Participation: | ||||||||||
Name |
Insider=Y / ProGroup=P |
# of Shares |
||||||||
John Robins | Y | 2,600,000 |
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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FIRE RIVER GOLD CORP. ("FAU")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: January 14, 2014
TSX Venture Tier 1 Company
Further to the Exchange bulletin dated December 31, 2013, effective at the open on Wednesday, January 15, 2014, the shares of the Company will resume trading with an announcement having been made on Stockwatch on January 10, 2014.
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GEMOSCAN CANADA, INC. ("GES")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 14, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 14, 2014:
Number of Shares: | 1,428,571 shares | |||||||||||
Purchase Price: | $0.07 per share | |||||||||||
Warrants: | 714,286 share purchase warrants to purchase 714,286 shares | |||||||||||
Warrant Exercise Price: | $0.09 for a two year period | |||||||||||
Number of Placees: | 2 placees | |||||||||||
Insider / Pro Group Participation: | ||||||||||||
Name |
Insider=Y / ProGroup=P |
# of Shares |
||||||||||
Kathleen Skerrett | Y | 285,714 | ||||||||||
Finder's Fee: | $5,600 payable to EFC Financial AG |
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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INVENIO RESOURCES CORP. ("IVO")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: January 14, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 240,000 bonus warrants to the insiders listed below in consideration of $30,000 of debentures purchased by the insiders. The debentures bear interest at a rate of 10% per annum and will mature one year from the date of issuance. The warrants will be exercisable at $0.05 for two years from the date of issuance.
Warrants | ||||||
Doug Hurst Highwood Advisory Services (Ken Booth) Clearline Chartered Accountants (Jeff Block) |
80,000 80,000 80,000 |
Please refer to the Company's news release of October 25, 2013 for further details.
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MATNIC RESOURCES INC. ("MIK")
BULLETIN TYPE: Consolidation
BULLETIN DATE: January 14, 2014
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders December 9, 2013, the Company has consolidated its capital on a two (2) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening, Wednesday, January 15, 2014, the common shares of MatNic Resources Inc. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'mineral exploration and development' company.
Post - Consolidation Capitalization: Escrow: |
Unlimited 3,367,500 371,250 |
shares with no par value of which shares are issued and outstanding shares are subject to escrow |
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Transfer Agent: | Computershare Investor Services Inc. | |||||||||
Trading Symbol: CUSIP Number: |
MIK 57682D205 |
(UNCHANGED) (new) |
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MIRACULINS INC. ("MOM")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: January 14, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,268,055 shares to settle outstanding debt for $63,402.74.
Number of Creditors: | 1 Creditor |
For further information, please refer to the Company's news release dated December 23, 2013.
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MIRACULINS INC. ("MOM")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: January 14, 2014
TSX Venture Tier 2 Company
The TSX Venture Exchange (the "Exchange") has accepted for filing a Loan Agreement dated December 20, 2013, between the Company and David Ross (the 'Lender'), pursuant to which the Lender shall provide a loan of up to $900,000 (with a principal amount 10% higher than the amount received - up to $1,000,000) via secured debentures. The debentures mature December 31, 2014 with interest of 12% per annum.
The Exchange has also accepted an aggregate bonus of up to 2,000,000 common shares, to be issued on a pro-rata basis.
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MUKUBA RESOURCES LIMITED ("MKU")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: January 14, 2014
TSX Venture Tier 1 Company
Further to the TSX Venture Exchange Bulletin dated December 12, 2013, effective at the opening on Wednesday, January 15, 2014, trading in the shares of the Company will resume as the Company has now met the Exchange requirement of having a minimum of three directors per Policy 3.1. Please refer to the Company's press release dated January 6, 2014 for further information.
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NAIKUN WIND ENERGY GROUP INC. ("NKW")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: January 14, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 178,571 shares at a deemed price of $0.07, in consideration of certain services provided to the Company pursuant to agreements dated November 16, 2011, for the quarter ending December 31, 2013.
Insider / Pro Group Participation: | ||||||||||||||||||||||||
Creditor |
Insider=Y / Progroup=P |
Amount Owing |
Deemed Price per Share |
# of Shares |
||||||||||||||||||||
Michael O'Connor | Y | $12,499.97 | $0.07 | 178,571 |
The Company shall issue a news release when the shares are issued.
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NAIKUN WIND ENERGY GROUP INC. ("NKW")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: January 14, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 149,555 shares at a deemed price of $0.07, in consideration of certain services provided to the Company pursuant to agreements dated November 16, 2011, for the quarter ending December 31, 2013.
Insider / Pro Group Participation: | ||||||||||||||||||||||||
Creditor |
Insider=Y / Progroup=P |
Amount Owing |
Deemed Price per Share |
# of Shares |
||||||||||||||||||||
Graham Wilson Joe Houssian Michael Burns Philip Hughes |
Y Y Y Y |
$2,031.26 $1,718.78 $1,718.78 $5,000.03 |
$0.07 $0.07 $0.07 $0.07 |
29,018 24,554 24,554 71,429 |
The Company shall issue a news release when the shares are issued.
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OROVERO RESOURCES CORP. ("OVR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DAT: January 14, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 28, 2013:
SECOND TRANCHE:
Number of Shares: | 833,334 shares | |||||
Purchase Price: | $0.09 per share | |||||
Warrants: | 416,667 share purchase warrants to purchase 416,667 shares | |||||
Warrant Exercise Price: | $0.15 for a two year period | |||||
Number of Placees: | 2 placees |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
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PAN AFRICAN OIL LTD. ("PAO")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: January 14, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a share purchase agreement dated April 2, 2013 between Algold Resources Ltd. (TSXV: ALG) ("Algold" formerly Kanosak Capital Venture Corporation), Kanosak (Barbados) Ltd. and Pan African Oil Ltd. (the "Company", formerly Gondwana Gold Inc.), as amended. Pursuant to the Agreement, the Company shall sell 100% of the shares of LMZ Gold Burkina SARL to Algold.
As consideration, Algold shall pay $30,000 and issue up to 8,000,000 shares to the Company.
For more information, refer to the Company's news releases dated April 3, 2013 and May 24, 2013.
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RENEGADE PETROLEUM LTD. ("RPL")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: January 14, 2014
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
Dividend per Share: Payable Date: Record Date: Ex-Dividend Date: |
$0.008333 February 17, 2014 January 31, 2014 January 29, 2014 |
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SAINT JEAN CARBON INC. ("SJL")
BULLETIN TYPE: Halt
BULLETIN DATE: January 14, 2014
TSX Venture Tier 2 Company
Effective at 5:54 a.m., PST, January 14, 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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SHIELD GOLD INC. ("SHG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 14, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 5, 2013:
Number of Shares: |
3,758,333 flow-through shares and 250,000 non flow-through shares |
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Purchase Price: |
$0.12 per flow-through share $0.10 per non flow-through share |
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Warrants: | 4,008,333 share purchase warrants to purchase 4,008,333 shares | |||||
Warrant Exercise Price: |
$0.20 for a two year period (flow-through) $0.18 for a two year period (non flow-through) |
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Number of Placees: | 5 placees | |||||
Finder's Fee: | An aggregate of $36,000 in cash and 304,666 finders' warrants payable to Secutor Capital Management Corp., Wolverton Securities Ltd. and Sheldon Swaye. Each finder's warrant entitles the holder to acquire one unit at $0.12 for a two year period. |
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 January 13, 2013.
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STELLAR AFRICAGOLD INC. ("SPX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 14, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement:
Number of Shares: | 2,940,000 common shares | |||||
Purchase Price: | $0.07 per common share | |||||
Warrants: | 2,940,000 warrants to purchase 2,940,000 common shares | |||||
Warrant Exercise Price: | $0.12 during a period of 24 months following the closing of the private placement | |||||
Number of Placees: | 18 placees |
The Company has confirmed the closing of the above-mentioned private placement pursuant to a news release dated December 20, 2013.
STELLAR ORAFRIQUE INC. (« SPX »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 13 janvier 2014
Société du groupe 2 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 : | 2 940 000 actions ordinaires | |||||
Prix : | 0,07 $ par action ordinaire | |||||
Bons de souscription : | 2 940 000 bons de souscription permettant de souscrire à 2 940 000 actions ordinaires | |||||
Prix d'exercice des bons : | 0,12 $ pendant une période de 24 mois suivant la date de clôture du placement privé | |||||
Nombre de souscripteurs : | 18 souscripteurs |
La société a confirmé la clôture du placement privé mentionné ci-dessus dans le cadre d'un communiqué de presse daté du 20 décembre 2013.
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TERRACE ENERGY CORP. ("TZR")
BULLETIN TYPE: Prospectus-Share Offering
BULLETIN DATE: January 14, 2014
TSX Venture Tier 2 Company
Effective January 8, 2014, the Company's Short Form Prospectus (the 'Prospectus') dated January 8, 2014, was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the British Columbia and Ontario Securities Commissions, pursuant to the provisions of the British Columbia and Ontario Securities Acts.
The Prospectus was filed under Multilateral Instrument 11-102 Passport System in Alberta. A receipt for the Prospectus is deemed to be issued by the regulator in this jurisdiction, if the conditions of the Instrument have been satisfied.
TSX Venture Exchange has been advised that closing of the prospectus offering (the 'Offering') occurred on January 14, 2014, for gross proceeds of $10,610,250.
Please refer to the news releases issued by the Company on December 16, 2013, December 18, 2013 and January 14, 2014.
Underwriters: | Canaccord Genuity Corp., Cormark Securities Inc., Primary Capital Inc., and Salman Partners Inc. | |||||||
Offering: | 4,935,000 shares | |||||||
Share Price: | $2.15 per share | |||||||
Underwriters' Fee: | The Underwriters received a cash commission equal to 6% of the gross proceeds of the Offering. |
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VIRGIN METALS INC. ("VGM")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: January 14, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to an arm's length purchase and sale agreement (the "Agreement") dated August 16, 2013. Pursuant to the Agreement, the Company shall sell its Cuatro Hermanos asset to a Mexican corporation for aggregate consideration of $1,500,000.
For more information, refer to the Company news release dated January 2, 2014.
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VITREOUS GLASS INC. ("VCI")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: January 14, 2014
TSX Venture Tier 2 Company
The Issuer has declared the following dividend(s):
Dividend per Share: Payable Date: Record Date: Ex-Dividend Date: |
$0.09 February 17, 2014 February 3, 2014 January 30, 2014 |
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WESTBRIDGE ENERGY CORPORATION ("WEB")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Private Placement-Non-Brokered
BULLETIN DATE: January 14, 2014
TSX Venture Tier 2 Company
Property-Asset or Share Purchase Agreement:
TSX Venture Exchange (the 'Exchange') has accepted for filing documentation pertaining to an agreement (the 'Agreement') with Black Pearl Holdings, LLC ('Black Pearl'), for the purchase of a 31.0% working interest in the Bivens Field Project, a 37.5% interest in the Wharton County Field Project and a 50.0% working interest in the Lavaca County Project (together 'the Projects'). The Projects are in the southern United States.
In addition, the Agreement grants Westbridge Energy Corporation (the 'Company') the right to participate in future prospects generated from a 2D database that is currently licensed by Black Pearl.
Consideration payable to Black Pearl under the Agreement is as follows:
CASH | SHARES | |||||||||||
On signing of Agreement | US$100,000 | 5,000,000 |
In addition, there are work exploration requirements of up to US$1,825,700 to be completed by April 30, 2014; an additional US$6,322,083 that must be incurred prior to September 30, 2014 and US$1,500,000 due by December 31, 2014.
For additional information please refer to the Company's news releases dated October 22, 2013, December 20, 2013 and January 10, 2014.
Private Placement-Non-Brokered:
In addition, the Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced November 5, 2013:
Number of Shares: | 34,492,833 shares | |
Purchase Price: | $0.06 per share | |
Warrants: | 34,492,833 share purchase warrants to purchase 34,492,833 shares | |
Warrant Exercise Price: | $0.09 for a two year period | |
The warrants will also be subject to an acceleration provision whereby if at any time after four months and one day from the closing of the private placement, and the conversion of the subscription receipts, the closing price of the company's shares on the Exchange exceeds $0.25 (on a volume weighted basis) for 30 consecutive trading days, the company shall have the right to accelerate the exercise period of the warrants to a date that is not less than 30 days from the date the company provides notice to the warrantholders of its election to accelerate the exercise period. |
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Number of Placees: | 25 placees | |
Insider / Pro Group Participation: | ||
Name |
Insider=Y / ProGroup=P |
# of Shares |
Kevin Everingham Peter Henry Bowar Capital Corporation |
Y Y Y |
1,000,000 1,166,667 3,587,500 |
Finders' Fees: |
$4,200 and 70,000 finder's warrants payable to Haywood Securities Inc. $2,100 and 35,000 finder's warrants payable to Canaccord Genuity Corp. $31,710 and 528,000 finder's warrants payable to GMP Securities LP $2,100 and 35,000 finder's warrants payable to Sherbrooke Street Capital Inc. |
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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XIMEN MINING CORP. ("XIM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 14, 2014
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 December 4, 2013:
Number of Shares: | 988,000 shares | |||||||
Purchase Price: | $0.25 per share | |||||||
Warrants: | 494,000 share purchase warrants to purchase 494,000 shares | |||||||
Warrant Exercise Price: | $0.50 for an 18-month period. The warrants are subject to an accelerated exercise provision in the event the Company's shares trade at or above $0.55 per share for 10 consecutive trading days. |
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Number of Placees: | 11 placees | |||||||
Insider / Pro Group Participation: | ||||||||
Name |
Insider=Y / ProGroup=P |
|
|
|
# of Shares |
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Forage Magma Inc. (Michel Baribeau) Noranda Capital Investment Corp. (Claude Veilette) |
Y Y |
148,000 140,000 |
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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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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