VANCOUVER, Feb. 27, 2014 /CNW/ -
TSX VENTURE COMPANIES:
AMEX EXPLORATION INC. ("AMX")
BULLETIN TYPE: Private Placement- Non-Brokered
BULLETIN DATE: February 27, 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: | 3,000,000 common shares | |||||||||
Purchase Price: | $0.18 per share | |||||||||
Warrants: | 1,500,000 warrants to purchase 1,500,000 common shares | |||||||||
Warrant Exercise Price: | $0.25 during a period of 18 months following the closing of the Private Placement. | |||||||||
Number of placees: | 2 placees | |||||||||
Insider / Pro Group Participation: | ||||||||||
Name |
Insider = Y / Pro Group = P |
Number of shares |
||||||||
Aggregate Pro Group Involvement [1 Placee] |
P |
2,400,000 |
||||||||
Finder's fee: | EMD Financial Inc. received $37,800 in cash and 210,000 non-transferable finder's warrants to purchase 210,000 common shares at an exercise price of $0.18 during a period of 18 months following the closing of the Private Placement |
The Company has confirmed the closing of the above-mentioned Private Placement pursuant to a news release dated January 30, 2014.
EXPLORATION AMEX INC. (« AMX »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 27 février 2014
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation relativement à un placement privé sans l'entremise d'un courtier :
Nombre d'actions : | 3 000 000 d'actions ordinaires | |||||||||
Prix : | 0,18 $ par action | |||||||||
Bons de souscription : | 1 500 000 bons de souscription permettant de souscrire à 1 500 000 actions ordinaires | |||||||||
Prix d'exercice des bons : | 0,25 $ pour une période de 18 mois suivant la clôture du placement privé. | |||||||||
Nombre de souscripteurs : | 2 souscripteurs | |||||||||
Participation initié / Groupe Pro : | ||||||||||
Nom |
Initié = Y / Groupe Pro = P |
Nombre d'actions |
||||||||
Participant au groupe « Pro » (1 participant) |
P |
2 400 000 |
||||||||
Frais d'intermédiation : | EMD Financial Inc. a reçu 37 800 $ en espèces et 210 000 bons de courtier non-transférables permettant de souscrire 210 000 actions ordinaires au prix d'exercice de 0,18 $ pendant une période de 18 mois suivant la clôture du placement privé. |
La société a confirmé la clôture du placement privé mentionné ci-dessus dans le cadre d'un communiqué de presse daté du 30 janvier 2014.
__________________________________
AXE EXPLORATION INC. ("AXQ")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 27, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has accepted for filing the documentation relating to an agreement dated June 15, 2012 between Axe Exploration Inc. (the "Company") and Typhoon Exploration Inc. ("Typhoon") in which Typhoon sold a land and a building to the Company for an amount of $98,560.
AXE EXPLORATION INC. (« AXQ »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 27 février 2014
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX (la « Bourse ») a accepté le dépôt de documents relativement à une convention datée du 15 juin 2012 entre Axe Exploration inc. (la « société ») et Typhoon Exploration inc. (« Typhoon ») en vertu de laquelle Typhoon a vendu un terrain et un immeuble à la société en considération d'un montant de 98 560 $.
________________________________
BACANORA MINERALS LTD. ("BCN")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: February 27, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 90,000 common shares of the Company ("Shares") at a deemed price of $0.40 per share to Mr. James Leahy, a Non-Arm's Length Party, to settle outstanding debt in the amount of $36,000 in regards to a Consulting Agreement dated July 1, 2011, as amended by an Amendment Agreement dated January 1, 2013.
Number of Creditors: | 1 Creditor | |||||||||||||||||||||||
Insider / Pro Group Participation: | ||||||||||||||||||||||||
Creditor |
Insider=Y / Progroup=P |
Amount Owing |
Deemed Price per Share |
# of Shares |
||||||||||||||||||||
James Leahy | Y | $36,000 | $0.40 | 90,000 |
________________________________________
CANAMEX RESOURCES CORP. ("CSQ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 27, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 7, 2014:
Number of Shares: | 24,000,000 shares | |||||||||||||||||||||
Purchase Price: | $0.09 per share | |||||||||||||||||||||
Number of Placees: | 5 placees | |||||||||||||||||||||
Insider / Pro Group Participation: | ||||||||||||||||||||||
Name |
Insider=Y / ProGroup=P |
# of Shares |
||||||||||||||||||||
GRC Nevada Inc. (Gold Resource Corporation) Gregory A. Hahn Harrison Kramer Corporation (Robert Kramer) Starkkollections (Mike Stark) |
Y Y Y Y |
22,222,222 677,778 600,000 100,000 |
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.
________________________________________
CANCANA RESOURCES CORP. ("CNY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 27, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 25, 2014:
Number of Shares: | 7,142,857 shares | |||||
Purchase Price: | $0.21 per share | |||||
Warrants: | 7,142,857 share purchase warrants to purchase 7,142,857 shares | |||||
Warrant Exercise Price: | $0.27 for a two year period | |||||
Number of Placees: | 48 placees | |||||
Finders' Fees: | An aggregate of $78,518 in cash and 123,149 finders' warrants payable to Euro Pacific Canada Inc., Jeff Patrick, Glen Nursey, Beaumont Capital Corp., CHF Investor Relations, Renee Schiebel, BH Consulting, PI Financial and John Mahoney. Each finder's warrant entitles the holder to acquire one unit at $0.21 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 February 25, 2014.
________________________________________
CHILEAN METALS INC. ("CMX")
[Formerly International PBX Ventures Ltd. ("PBX")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: February 27, 2014
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders December 3, 2013, the Company has consolidated its capital on a (ten) 10 old for (one) 1 new basis. The name of the Company has also been changed as detailed below.
Effective at the opening, Friday, February 28, 2014, the common shares of Chilean Metals Inc. will commence trading on TSX Venture Exchange, and the common shares of International PBX Ventures Ltd. will be delisted. The Company is classified as a 'Mining Exploration and Development' company.
Post - Consolidation Capitalization: Escrow: |
Unlimited 16,081,374 nil |
shares with no par value of which shares are issued and outstanding shares |
||||||||
Transfer Agent: | CST Trust Company | |||||||||
Trading Symbol: CUSIP Number: |
CMX 168883106 |
(new) (new) |
________________________________________
CONSTANTINE METAL RESOURCES LTD. ("CEM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 27, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Exploration Agreement effective on February 1, 2013 (the "Agreement") among Constantine Metal Resources Ltd. (the "Company") and Matachewan and Wahgoshig First Nations ("M&W") regarding the Golden Mile exploration property in Timmins, Ontario. The primary purpose of the Agreement is to establish the foundation for continuing communication with the M&W communities during the exploration process while respecting their culture, heritage and traditional territory. As a consideration for the Agreement, the Company will issue 185,000 shares and pay $12,000 in cash to the M&W.
________________________________________
CORNERSTONE CAPITAL RESOURCES INC. ("CGP")
BULLETIN TYPE: Halt
BULLETIN DATE: February 27, 2014
TSX Venture Tier 2 Company
Effective at 5:28 a.m., PST, February 27, 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.
________________________________________
CORNERSTONE CAPITAL RESOURCES INC. ("CGP")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 27, 2014
TSX Venture Tier 2 Company
Effective at 6:45 a.m., PST, February 27, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
CREST PETROLEUM CORP. ("CTP.P")
BULLETIN TYPE: Halt
BULLETIN DATE: February 27, 2014
TSX Venture Tier 2 Company
Effective at 10:29 a.m., PST, February 27, 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.
________________________________________
CREST PETROLEUM CORP. ("CTP.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: February 27, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated February 27, 2014, effective at 11:08 a.m., February 27, 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.
________________________________________
DIAMOND ESTATES WINES & SPIRITS INC. ("DWS")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: February 27, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 20,147 common shares at a deemed value of $0.20 per share to settle outstanding debt for $4,029.48.
Number of Creditors: | 2 Creditors |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
DUSOLO FERTILIZERS INC. ("DSF")
[formerly Eagle Star Minerals Corp. ("EGE")]
BULLETIN TYPE: Name Change
BULLETIN DATE: February 27, 2014
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders July 6, 2012, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening, Friday, February 28, 2014, the common shares of DuSolo Fertilizers Inc. will commence trading on TSX Venture Exchange, and the common shares of Eagle Star Minerals Corp. will be delisted. The Company is classified as an 'Oil / Gas and Minerals Properties Exploration and Development' company.
Capitalization: Escrow: |
Unlimited 100,730,947 Nil |
shares with no par value of which shares are issued and outstanding shares |
||||||||
Transfer Agent: | Computershare Trust Company of Canada | |||||||||
Trading Symbol: CUSIP Number: |
DSF 267000107 |
(new) (new) |
________________________________________
GOLDEN REIGN RESOURCES LTD. ("GRR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 27, 2014
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, February 27, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
KAPUSKASING GOLD CORP. ("KAP")
[formerly Olympic Resources Ltd. ("OLA")]
BULLETIN TYPE: Name Change
BULLETIN DATE: February 27, 2014
TSX Venture Tier 2 Company
Pursuant to a resolution dated February 24, 2014, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening, Friday, February 28, 2014, the common shares of Kapuskasing Gold Corp. will commence trading on TSX Venture Exchange, and the common shares of Olympic Resources Ltd. will be delisted. The Company is classified as a 'Mineral Exploration' company.
Capitalization: Escrow: |
Unlimited 17,556,922 600,000 |
shares with no par value of which shares are issued and outstanding shares |
||||||||
Transfer Agent: | Computershare | |||||||||
Trading Symbol: CUSIP Number: |
KAP 48562T105 |
(new) (new) |
________________________________________
KNIGHT THERAPEUTICS INC. ("GUD")
BULLETIN TYPE: New Listing-Shares, Halt
BULLETIN DATE: February 27, 2014
TSX Venture Tier 2 Company
The common shares of Knight Therapeutics Inc. (the "Company") will be listed and admitted to trading on TSX Venture Exchange, on the effective dates stated below.
The Company is classified as a "Pharmaceutical and Pharmacy Supplies Wholesaler - Distributors" company (NAICS number 414510).
The Company was created as a wholly-owned subsidiary of Paladin Labs Inc. ("Paladin"), which transferred all its rights associated with Impavido (miltefosine), a product indicated for the treatment of leishmaniasis, in exchange for 22,036,060 common shares of the Company, all of which will be distributed to Paladin securityholders following a plan of arrangement (the "Arrangement") expected to be effective before the market opening on Friday, February 28, 2014 and on the basis of 1 common share of the Company for each common share or in the money option of Paladin.
Listing Date: | At the close of business (5:01 p.m. EST) on Thursday, February 27, 2014. | ||||||
Trading Halt: | At the opening on Friday, February 28, 2014 |
It is expected that the ordinary shares of Endo International plc, the resulting issuer from the Arrangement, will be posted for trading on Toronto Stock Exchange ("TSX") at the opening on Monday, March 3, 2014. Therefore trading on the common shares of Knight Therapeutics Inc. will be HALTED at the opening on Friday, February 28, 2014, pending confirmation of closing of the Arrangement. It is expected that trading will resume at the opening on Monday, March 3, 2014. A further notice will be issued upon receipt of confirmation of closing of the Arrangement.
Commence Date: | The common shares of the Company will commence trading on TSX Venture Exchange at the opening on Monday, March 3, 2014, subject to confirmation of closing of the Arrangement. |
Corporate Jurisdiction: | Canada | ||
Capitalization: Escrow: |
Unlimited 22,036,060 Nil |
common shares with no par value of which common shares are issued and outstanding shares |
|
Transfer Agent: Trading Symbol: CUSIP Number: Sponsoring Member: |
Computershare Investor Services Inc. (Montreal and Toronto) GUD 499053106 Cormark Securities Inc. |
For further information, please refer to the Company's Listing Application dated February 21, 2014 available on SEDAR.
Company Contact: Company Address: Company Phone Number: Company Fax Number: Company Website: Company Email Address: |
Jonathan Ross Goodman 102-6111 Royalmount Avenue Montreal, Quebec H4P 2T4 514-669-5372 514-344-4675 www.gud-knight.com [email protected] |
THÉRAPEUTIQUE KNIGHT INC. ("GUD")
TYPE DE BULLETIN : Nouvelle inscription - Actions, Arrêt
DATE DU BULLETIN : 27 février 2014
Société du groupe 2 de TSX croissance
Les actions ordinaires de Thérapeutique Knight inc. (la « société ») seront inscrites et admises à la négociation sur la Bourse de croissance TSX aux dates indiquées ci-après.
La société est catégorisée comme une société « grossistes - distributeurs de produits et fournitures pharmaceutiques » (numéro de SCIAN 414510).
La société a été créée comme filiale à part entière de Laboratoires Paladin inc. (« Paladin »), laquelle a cédé tous ses droits attachés à Impavido (miltéfosine), un produit indiqué pour le traitement de la leishmaniose, en contrepartie de 22 036 060 actions ordinaires de la société, lesquelles seront toutes distribuées aux détenteurs de valeurs mobilières de Paladin selon un plan d'arrangement (l'« arrangement ») prévu d'être mis en place avant l'ouverture des affaires le vendredi 28 février 2014 et à raison d'une action ordinaire de la société pour chaque action ordinaire et pour chaque option dans le cours de Paladin.
Date d'inscription à la cote : | À la fermeture des affaires (17H01 HNE) le jeudi 27 février 2014. | |||
Arrêt de la négociation : | À l'ouverture des affaires le vendredi 28 février 2014. |
Il est prévu que les actions ordinaires d'Endo International plc, l'émetteur résultant de l'arrangement, soient admises à la négociation à la Bourse de Toronto (« TSX ») à l'ouverture des affaires le lundi 3 mars 2014. La négociation sur les actions ordinaires de Thérapeutique Knight inc. sera ARRÊTÉE à l'ouverture des affaires le vendredi 28 février 2014 jusqu'à la confirmation de la clôture de l'arrangement. Il est prévu que la négociation sera reprise à l'ouverture des affaires le lundi 3 mars 2014. Un avis supplémentaire sera émis sur réception de la confirmation de la clôture de l'arrangement.
Date d'entrée en vigueur : | Les actions ordinaires de la société seront admises à la négociation à la Bourse de croissance TSX à l'ouverture des affaires le lundi, 3 mars 2014, sous réserve de la confirmation de la clôture de l'arrangement. |
Juridiction de la société : | Canada | |||
Capitalisation : Titres entiercés : |
Un nombre illimité d'actions ordinaires sans valeur nominale, dont 22 036 060 actions ordinaires sont émises et en circulation Aucune action ordinaire |
|||
Agent des transferts : Symbole au téléscripteur : Numéro de CUSIP : Membre sponsor: |
Services aux investisseurs Computershare Inc. (Montréal et Toronto) GUD 499053106 Valeurs mobilières Cormark inc. |
Pour plus d'informations, veuillez vous référer à la demande d'inscription de la société datée du 21 février 2014 disponible sur SEDAR.
Contact de la société : Adresse de la société : Téléphone de la société : Télécopieur de la société : Site web de la société : Courriel de la société : |
Jonathan Ross Goodman 6111, avenue Royalmount, bureau 102 Montréal, Québec H4P 2T4 514-669-5372 514-344-4675 www.gud-knight.com [email protected] |
________________________________________
MARLIN GOLD MINING LTD. ("MLN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 27, 2014
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, February 27, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
MONTANA EXPLORATION CORP. ("MTZ")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: February 27, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a Share Exchange Agreement dated December 19, 2013 (the "Agreement") between the Company and ANG Partners Ltd. ("ANG"). ANG is an affiliate of James Collins, a control person and director of the Company. As per the terms of the Agreement, the Company will purchase 7,777,778 common shares of Waldron Energy Corporation for the issuance to ANG of 14,000,000 common shares at a price of $0.25 per share, in consideration for extending the outside date for the closing of the previously announced arrangement between the Company and Waldron Energy Corporation.
________________________________________
NEXGEN ENERGY LTD. ("NXE")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: February 27, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange (the 'Exchange') bulletin dated July 19, 2013, the Exchange has accepted for filing the Letter Agreement dated January 15, 2014 (the 'Letter Agreement'), between NexGen Energy Ltd. (the 'Company') and Michael Lederhouse, Matthew J. Mason and Timothy A. Young (collectively, the 'Optionors'), which contains the Amendment to the Radio Option Agreement.
Pursuant to the Letter Agreement, in consideration for the amendment to the Earn-In Expenditures of the original option agreement, the Company has agreed to issue an additional 5,714,286 Units ("Units") with each unit consisting of one common share (at a deemed value of $0.35) and one common share purchase warrant exercisable at $0.50 expiring May 31, 2017.
The Common Shares and Warrants will be issued and registered to the three Optionors individually, as to one third each.
Further information on the transaction is available in the Company's news releases dated January 16, 2014 and February 26, 2014.
Insider / Pro Group Participation: | ||||||||||||||||||||||
Name |
Insider=Y / ProGroup=P |
# of Units |
||||||||||||||||||||
Michael Lederhouse Matthew J. Mason Timothy A. Young |
Y Y Y |
1,904,762 1,904,762 1,904,762 |
________________________________________
OLYMPIC RESOURCES LTD. ("OLA")
BULLETIN TYPE: Halt
BULLETIN DATE: February 27, 2014
TSX Venture Tier 2 Company
Effective at 8:34 a.m., PST, February 27, 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.
________________________________________
ORIANA RESOURCES CORPORATION ("OUP.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: February 27, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated February 26, 2014, effective at 9:43 a.m., February 27, 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.
________________________________________
SOMEDIA NETWORKS INC. ("VID")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 27, 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, December 31, 2013 and January 29, 2014:
SECOND TRANCHE:
Number of Shares: | 4,575,000 shares | |||||||||
Purchase Price: | $0.20 per share | |||||||||
Number of Placees: | 30 placees | |||||||||
Insider / Pro Group Participation: | ||||||||||
Name |
Insider=Y / ProGroup=P |
# of Shares |
||||||||
David Dueck George Fleming Aggregate ProGroup Involvement (1 placee) |
Y Y P |
1,000,000 110,000 125,000 |
||||||||
Finder's Fee: |
$7,000 plus 35,000 units (each unit will consist of a common share and one share purchase warrant exercisable at $0.40 per share for a two year period) is payable to Canaccord Genuity Corp. $24,150 plus 120,750 units (each unit will consist of a common share and one share purchase warrant exercisable at $0.40 per share for a two year period) is payable to PI Financial Corp. $1,750 is payable to Raymond James Ltd. |
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.
________________________________________
SPARTAN ENERGY CORP. ("SPE") ("SPE.RT")
[formerly Alexander Energy Ltd. ("ALX") ("ALX.RT")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: February 27, 2014
TSX Venture Tier 1 Company
Pursuant to a resolution passed by shareholders February 18, 2014, the Company has consolidated its capital on a (4) four old for (1) one new basis. The name of the Company has also been changed as follows.
Effective at the opening on Friday, February 28, 2014, the common shares and rights of Spartan Energy Corp. will commence trading on TSX Venture Exchange, and the common shares and rights of Alexander Energy Ltd. will be delisted. The Company is classified as an 'Oil & Gas Extraction' company.
Post - Consolidation Capitalization: Escrow: Rights Outstanding |
Unlimited 101,681,703 NIL 253,664,811 |
shares with no par value of which shares are issued and outstanding shares |
||||
Transfer Agent: | Alliance Trust Company | |||||
Common Share Trading Symbol: Common Share Trading CUSIP Number: |
SPE 846785103 |
(new) (new) |
ISIN: CA 8467851033 | |||
Right Trading Symbol: Right Trading CUSIP Number: |
SPE.RT 846785111 |
(new) (new) |
ISIN: CA 8467851116 |
Thirty-two (32) Rights are exercisable for one (1) post-consolidated share at $0.60 per share.
Rights Expire: Friday, March 14, 2014 at 5:00 pm EST.
________________________________________
TELEHOP COMMUNICATIONS INC. ("HOP")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 27, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a Share and Asset Purchase Agreement (the "Agreement") dated February 14, 2014 between G3 Telecom Corp. (the "Vendor") and Telehop Communication Inc. (the "Company"). Pursuant to the Agreement, the Company shall acquire the shares and assets of the Vendor and its group of affiliated companies, comprising telecommunication businesses in the United States and Philippines as well as wireless telecommunication licenses in Ontario and British Columbia.
In consideration, the Company shall pay $2,000,000 in cash, $1,500,000 through a secured promissory note (bearing an interest of 5% per annum with a 24 month term), plus issue an aggregate of 8,000,000 common shares at a deemed price of $0.10.
For more information, refer to the Company's news releases dated December 2, 2013 and February 21, 2014.
________________________________________
THEMAC RESOURCES GROUP LIMITED ("MAC")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: February 27, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,192,000 shares to settle outstanding debt for $107,280.
Number of Creditors: | 5 Creditors | |||||||||||||||||||||||
Insider / Pro Group Participation: | ||||||||||||||||||||||||
Creditor |
Insider=Y / Progroup=P |
Amount Owing |
Deemed Price per Share |
# of Shares |
||||||||||||||||||||
Andrew Maloney Kenneth Pickering Barrett Sleeman Kevin Maloney Mercantile Resource Finance Inc. (Joel Schneyer) |
Y Y Y Y Y |
$22,500 $22,500 $17,280 $22,500 $22,500 |
$0.09 $0.09 $0.09 $0.09 $0.09 |
250,000 250,000 192,000 250,000 250,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
WESTERN PACIFIC RESOURCES CORP. ("WRP")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: February 27, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation of an Asset Purchase Agreement (the "Agreement") dated February 24, 2013 as amended among Western Pacific Resources Corp. (the "Company"), the Company's United States subsidiary ("WPR US"), Deer Trail Mining Company LLC ("DTMC") and Unico Inc. whereby the Company has acquired through WPR US the Deer Trail mine located in Piute County, Utah.
Pursuant to the Agreement, the Company will pay to DTMC a total of $7,000,000 over 2.5 years as follows:
- On closing, the Company paid $2,075,000 in cash to DTMC and transferred to DTMC the Company's Bombardier property, which the parties have assigned a value of $1,500,000;
- 12 months after closing, the Company will pay to DTMC $1,750,000 subject to acceleration of payment if the mine is in commercial production; and
- 30 months after closing, the Company will pay to DTMC $1,675,000 subject to acceleration of payment if the mine is in commercial production.
The Company will retain a right of first refusal for 36 months after closing in respect of a proposed sale of the Bombardier property by DTMC to a third party. If DTMC sells the Bombardier property after the 30th month following closing for less than $1,500,000, the Company will pay DTMC a make-whole payment equal to the difference between the sale price and $1,500,000. The Company may elect to satisfy up to 25% of the total post closing payments of $3,425,000 and 25% of any make-whole payment in its common shares, where the number of shares will be calculated based on 85% of the 20-day volume-weighted share price.
Private Placement-Non-Brokered, Convertible Debenture/s:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 9, 2013:
Convertible Debenture: | Up to US$10,000,000 (CDN $10,663,000) | |||
Conversion Price: | The principal includes up to US$5,000,000 in secured convertible notes ("Secured Notes") and US$5,000,000 in unsecured convertible notes ("Unsecured Notes", together with the Secured Notes the "Convertible Notes"). The Convertible Notes will be convertible at any time at the option of the placee, and in the case of the Unsecured Notes also at the option of the Company, in whole or in part, into common shares of the Company at a price of CDN$0.1328 per share. | |||
Maturity date: | Three years from closing | |||
Secured Notes interest rate: | 8% annual compounded interest | |||
Number of Placees: | 1 placee | |||
Insider / Pro Group Participation: | ||||
Name | Insider=Y | |||
Quintana WRP Holding Company LLC |
Y |
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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WESTERN PACIFIC RESOURCES CORP. ("WRP")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: February 27, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 500,000 shares at a deemed price of $0.14, pursuant to an agreement dated February 24, 2014.
Insider / Pro Group Participation: | ||||||||||||||||||||||||
Creditor |
Insider=Y / Progroup=P |
Amount Owing |
Deemed Price per Share |
# of Shares |
||||||||||||||||||||
Warwick Smith | Y | $70,000 | $0.14 | 500,000 |
The Company shall issue a news release when the shares are issued.
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WOLFEYE RESOURCE CORP. ("WEY")
BULLETIN TYPE: Consolidation
BULLETIN DATE: February 27, 2014
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders on January 28, 2014, 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, Friday, February 28, 2014, the common shares of Wolfeye Resource Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Junior Natural Resource Mining' company.
Post - Consolidation Capitalization: Escrow: |
Unlimited 1,165,269 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: |
WEY 977798 20 6 |
(UNCHANGED) (new) |
________________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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