VANCOUVER, Feb. 12, 2014 /CNW/ - 14/02/12 -
TSX VENTURE COMPANIES:
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: February 12, 2014
TSX Venture Company
A Temporary Cease Trade Order has been issued by the Ontario Securities Commission on February 12, 2014 against the following Company for failing to file the documents indicated within the required time period:
Symbol | Tier | Company | Failure to File | Period |
Ending | ||||
(Y/M/D) | ||||
STK | 2 | Strike Minerals Inc. | Audited annual financial statements | |
for the year ended | 13/04/30 | |||
Management's discussion & analysis | ||||
relating to the audited annual financial | ||||
statements for the year ended | 13/04/30 | |||
Interim financial statements for the | ||||
periods three-months ended | 13/07/31 | |||
Interim financial statements for the | ||||
periods six-months ended | 13/10/31 | |||
Management's discussion & analysis | ||||
relating to the interim financial statements | ||||
for the periods three-months ended | 13/07/31 | |||
Management's discussion & analysis | ||||
relating to the interim financial statements | ||||
for the periods six-months ended | 13/10/31 | |||
Certification of the foregoing filings as | ||||
required by National Instrument 52-109 | ||||
Certification of Disclosure in Issuers' | ||||
Annual and Interim Filings. |
Upon revocation of the Temporary Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements. Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
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AMAROK ENERGY INC. ("AMR")
BULLETIN TYPE: Halt
BULLETIN DATE: February 12, 2014
TSX Venture Tier 2 Company
Effective at 8:39 a.m., PST, February 12, 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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AMAROK ENERGY INC. ("AMR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 12, 2014
TSX Venture Tier 2 Company
Effective at 10:00 a.m., PST, February 12, 2014, shares of the Company resumed trading, an announcement having been made.
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ENERGOLD DRILLING CORP. ("EGD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 12, 2014
TSX Venture Tier 1 Company
Further to TSX Venture Exchange bulletin dated June 27, 2011, this is to advise that Energold Drilling Corp. (the "Company") has issued a further 1,353,092 common shares under the earn-out provisions pursuant to a Purchase and Sale Agreement effective June 1, 2011, between the Company and several arm's-length parties, whereby the Company acquired all of the issued and outstanding shares of Bertram International Corporation - a diversified specialty drilling company with operations in Canada and the USA.
For further details, please refer to the Company's new release dated June 21, 2011.
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EXO U INC. ("EXO")
BULLETIN TYPE: Halt
BULLETIN DATE: February 12, 2014
TSX Venture Tier 2 Company
Effective at 11:57 a.m., PST, February 12, 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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GOLDON RESOURCES LTD. ("GLD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 12, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement dated February 3, 2014 (the 'Agreement') between the Company and Jerrold Williamson (the 'Optionor'). Pursuant to the terms of the Agreement, the Company may acquire a 100% interest in the Slate Falls Property in north-western Ontario (the 'Property'). By way of consideration, the Company will make cash payments totalling $126,000 over a four-year period and will issue 600,000 shares in stages over two years at a deemed price of $0.05 per share. The Property is subject to a 2% NSR is favour of the Optionor, of which the Company may repurchase 1% for $1,000,000.
Please refer to the Company's news release of February 4, 2014 for further details.
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GREENSTAR AGRICULTURAL CORPORATION ("GRE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 12, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 23, 2013:
Number of Shares: | 2,261,852 common shares |
Purchase Price: | $0.85 per share |
Warrants: | 2,261,852 share purchase warrants attached to purchase 2,261,852 shares |
Warrant Exercise Price: | $1.15 for a two year period |
Number of Placees: | 28 placees |
Insider / Pro Group Participation:
Insider=Y / | ||
Name | ProGroup=P | # of Units |
Lianyun Guan | Y | 352,941 |
G. Michael Newman | Y | 25,000 |
2030755 Ontario Limited | Y | 15,300 |
Bryan Knebel | Y | 15,000 |
Finder's Fee: | An aggregate of $72,165.97 plus 78,501 finder's warrants (each exercisable into one unit at a price of $0.85 for a two year period. Each unit is comprised of one common share and one share purchase warrant exercisable at $1.15 for a two year period) is payable to Pope & Company Limited, John Lewis, Foundation Markets Inc. and Caldwell Securities Ltd. |
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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JET GOLD CORP. ("JAU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 12, 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 10, 2014:
Number of Shares: | 15,000,000 shares |
Purchase Price: | $0.05 per share |
Warrants: | 7,500,000 share purchase warrants to purchase 7,500,000 shares |
Warrant Exercise Price: | $0.075 for a two year period |
Number of Placees: | 83 placees |
Insider / Pro Group Participation:
Insider=Y / | ||
Name | ProGroup=P | # of Shares |
Ryan Cheung | Y | 80,000 |
David Morris | Y | 100,000 |
Aggregate Pro Group Involvement | P | 680,000 |
[3 placees] |
Finders' Fees: | $13,340 and 266,800 finder's shares payable to Jordan Capital Markets Inc. |
$10,000 and 200,000 finder's shares payable to PI Financial Corp. | |
$2,850 and 57,000 finder's shares payable to Fin-XO Securities 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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KAIZEN DISCOVERY INC. ("KZD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 12, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 30, 2014:
Number of Shares: | 8,500,000 shares |
Purchase Price: | $0.60 per share |
Number of Placees: | 1 placee |
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.
________________________________________
MERITUS MINERALS lTD. ("mer.H")
[formerly Meritus Minerals Ltd. ("MER")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: February 12, 2014
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening on Thursday, February 13, 2014, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Vancouver to NEX.
As of February 13, 2014, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.
The trading symbol for the Company will change from MER to MER.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.
Further to the Exchange Bulletin dated August 7, 2013, trading in the shares of the Company will remain suspended.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
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NIKOS EXPLORATIONS LTD. ("NIK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 12, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 23, 2013:
Number of Shares: | 1,600,000 shares |
Purchase Price: | $0.05 per share |
Warrants: | 1,600,000 share purchase warrants to purchase 1,600,000 shares |
Warrant Exercise Price: | $0.10 for a two year period |
Number of Placees: | 4 placees |
Insider / Pro Group Participation:
Insider=Y / | ||
Name | ProGroup=P | # of Shares |
Roger Moss | Y | 400,000 |
James S. Borland | Y | 100,000 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. [Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.]
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RESPECT YOUR UNIVERSE INC. ("RYU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 12, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 8, 2013 and February 5, 2014:
SECOND TRANCHE:
Number of Shares: | 13,346,830 shares |
Purchase Price: | US$0.10 per share |
Warrants: | 13,346,830 share purchase warrants to purchase 13,346,830 shares |
Warrant Exercise Price: | US$0.25 for a three year period |
Number of Placees: | 24 placees |
Insider / Pro Group Participation:
Insider=Y / | ||
Name | ProGroup=P | # of Shares |
William B. Marcus | Y | 500,000 |
Finders' Fee: | US$114,019.74 payable to Zhou Yan Rong |
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.
________________________________________
RSI INTERNATIONAL SYSTEMS INC. ("RSY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 12, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 13, 2014:
Number of Shares: | 2,500,000 shares |
Purchase Price: | $0.10 per share |
Warrants: | 1,250,000 share purchase warrants to purchase 1,250,000 shares |
Warrant Exercise Price: | $0.15 for a two year period |
Number of Placees: | 16 placees |
Insider / Pro Group Participation:
Insider=Y / | ||
Name | ProGroup=P | # of Shares |
Charles Ku | Y | 130,000 |
Ron Baldwin | Y | 150,000 |
Jason Moreau | Y | 250,000 |
0953956 B.C. Ltd. (Emmery Wang) | Y | 20,000 |
Hotel Room Xpress Pte. Ltd. (Fai Chan) | Y | 900,000 |
Southern Gold Resources Ltd. | Y | 400,000 |
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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SOMEDIA NETWORKS INC. ("VID")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 12, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 28, 2013, and December 31, 2013:
FIRST TRANCHE:
Number of Shares: | 1,675,000 shares |
Purchase Price: | $0.20 per share |
Number of Placees: | 19 placees |
Insider / Pro Group Participation:
Insider=Y / | ||
Name | ProGroup=P | # of Shares |
David Dueck | Y | 250,000 |
Finder's Fee: | $8,000 plus 40,000 warrants exercisable at $0.20 per share until December 31, 2015 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.
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STEM 7 CAPITAL INC. ("CI")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: February 12, 2014
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 Toronto to Vancouver.
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ZAIO CORPORATION ("ZAO")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: February 12, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
# of Warrants: | 6,730,000 Warrants (on a post-consolidation basis) |
Original Expiry Date of Warrants: | 2,595,000 warrants to expire on February 21, 2014 |
4,135,000 warrants to expire on March 19, 2014 | |
New Expiry Date of Warrants: | 6,730,000 warrants to expire on June 30, 2015 |
Exercise Price of Warrants: | $0.52 (unchanged) |
These warrants were issued pursuant to an issuance of 26,290,000 shares with 26,290,000 share purchase warrants attached through, which was accepted for filing by the CNSX prior to June, 2012. The Company subsequently listed on the Exchange and consolidated its shares on a 4 old for 1 new basis.
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NEX COMPANY:
POLAR RESOURCES CORPORATION ("RSN.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 12, 2014
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 26, 2013:
Number of Shares: | 1,155,693 shares |
Purchase Price: | $0.13 per share |
Number of Placees: | 20 placees |
Insider / Pro Group Participation:
Insider=Y / | ||
Name | ProGroup=P | # of Shares |
Sultanali Mawji | Y | 30,500 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly.
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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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