VANCOUVER, April 22, 2014 /CNW/ -
TSX VENTURE COMPANIES:
ARCHER PETROLEUM CORP. ("ARK")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 22, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Property Option Agreement dated April 16, 2014 between the Company and Geomode Mineral Exploration Ltd. (Belkis Reyes) whereby the Company has been granted an option to earn a 100% interest in the Kirkpatrick Lake Property. Consideration is $500,000 within 18 months, 600,000 common shares and $2,000,000 in exploration expenditures within a four year period. The property is subject to a 1% NSR of which the Company may purchase for $1,500,000, less all amount previously received as NSR payments.
________________________________________
CALIFORNIA NANOTECHNOLOGIES CORP. ("CNO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 22, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 13, 2014:
| Number of Securities: |
5,290,296 units ("Units") |
|
| Each Unit consists of one common share and one-half of one common share purchase warrant ("Warrant"). |
||
| Purchase Price: |
$0.135 per Unit |
|
| Warrants: |
2,645,148 share purchase warrants to purchase 2,645,148 shares |
|
| Warrant Exercise Price: |
$0.225 until expiry on April 8, 2015. |
|
| Number of Placees: |
26 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P / |
# of Units |
| D.J. Kelly Professional Corporation |
||
| (Donald Kelly) |
Y |
185,185 |
| Formed Fast International Inc. |
||
| (Norman Goodrich, Donald Kelly |
||
| & Tim Wang) |
Y |
740,741 |
| Aggregate Pro Group Involvement |
||
| [3 placees] |
P |
260,000 |
| Finder's Fee: |
$4,725 cash payable to Raymond James Ltd. |
|
| $680 cash payable to Haywood Securities Inc. |
||
| $11,340 cash payable to Canaccord Genuity Corp. |
||
________________________________________
CITATION RESOURCES INC. ("CTT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 22, 2014
TSX Venture Tier 2 Company
Effective at 10:30 a.m., PST, April 22, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
CASSIUS VENTURES LTD. ("CZ")
BULLETIN TYPE: Consolidation
BULLETIN DATE: April 22, 2014
TSX Venture Tier 2 Company
Pursuant to a resolution passed by the directors on April 7, 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, Wednesday, April 23, 2014, the common shares of Cassius Ventures Ltd. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration / Development' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 4,114,848 |
shares are issued and outstanding |
|
| Escrow |
Nil |
shares |
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
CZ |
(UNCHANGED) |
| CUSIP Number: |
148290208 |
(new) |
________________________________________
DIAMEDICA INC. ("DMA")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: April 22, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
Early Exercise Incentive Program:
| # of Warrants: |
1,055,600 |
| Original Expiry Date of Warrants |
May 8, 2014 |
| New Expiry Date of Warrants: |
February 8, 2015 |
| Exercise Price of Warrants: |
$1.60 |
These warrants were issued pursuant to an early exercise incentive program in which 2,111,200 warrants were exercised for 1,055,600 warrants which was accepted for filing on May 17, 2012. The 2,111,200 warrants were issued pursuant to a prospectus offering which was accepted for filing by the Exchange effective August 9, 2011.
________________________________________
ELCORA RESOURCES CORP. ("ERA")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 22, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to an arm's-length agreement dated January 8, 2014 to amend the option agreement dated December 20, 2012 between the Company and Mantis Mineral Corp., pursuant to which the Company has accepted to issue 400,000 common shares as consideration for an extension of a deadline to complete a $200,000 work commitment, from December 31, 2013 to December 31, 2014.
For further details, please refer to the Company's press release dated January 28, 2014.
_______________________________________
EDGEWATER WIRELESS SYSTEMS INC. ("YFI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 22, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 14, 2014:
| Number of Shares: |
8,168,730 shares |
|
| Purchase Price: |
$0.05 per share |
|
| Warrants: |
8,168,730 share purchase warrants to purchase 8,168,730 shares |
|
| Warrant Exercise Price: |
$0.11 for a one year period |
|
| Number of Placees: |
20 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Venture Coaches Capital (Claude Haw) |
Y |
500,000 |
| Eric S. Smith |
Y |
106,410 |
| J. Lewis Dillman |
Y |
200,000 |
| Hubert Whyte |
Y |
124,320 |
| 7958030 Canada Inc. (Duane Anderson) |
Y |
220,000 |
| Andrew Skafel |
Y |
500,000 |
| Aggregate Pro Group Involvement |
||
| [1 placee] |
P |
2,000,000 |
| Finder's Fee: |
Jordan Capital Markets Inc. - $1,400.00 and 28,000 Finder's Warrants that are exercisable into common shares at $0.11 per share for a 12 month period. |
|
| Haywood Securities Inc. - $4,550.00 and 91,000 Finder's Warrants that are exercisable into common shares at $0.11 per share for a 12 month period. |
||
| Derek Sinclair - $5,600.00 |
||
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.
________________________________________
ENTOURAGE METALS LTD. ("EMT")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: April 22, 2014
TSX Venture Tier 2 Company
Further to the bulletins dated March 1, 2013 and May 2, 2011, TSX Venture Exchange has accepted for expedited filing documentation pertaining to an amending agreement dated February 28, 2014 between Entourage Metals Ltd. (the 'Company') and the optionors, James Bond, Russell Renner, Duncan Michano, Jamie Moses, Brian Gionet, Mike Dorval, and Ken Fenwick, which amends the terms of an Option Agreement dated February 28, 2011 pursuant to which the Company has the option to acquire a 100% interest in Smoke Lake Property located in North-western Ontario. Under the amended terms, the cash option payment due date has been extended and an additional 400,000 shares will be issued.
________________________________________
GRANITE CREEK GOLD LTD. ("GCX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 22, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 3, 2014:
| Number of Shares: |
5,000,000 shares |
|
| Purchase Price: |
$0.05 per share |
|
| Warrants: |
2,500,000 share purchase warrants to purchase 2,500,000 shares |
|
| Warrant Exercise Price: |
$0.07 for an eighteen month period |
|
| Number of Placees: |
10 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Timothy Johnson |
Y |
300,000 |
| Mahamadou Keita |
Y |
300,000 |
| Keon Kwan |
Y |
100,000 |
| Willis Osborne (Swiftcourt Ventures |
||
| Ltd., WWO Ventures Ltd.) |
Y |
1,400,000 |
| Finder's Fee: |
$3,840 payable to Euro Pacific Canada, with 76,800 finder warrants exercisable at $0.07 for eighteen months. |
|
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.
________________________________________
IEMR RESOURCES INC. ("IRI")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: April 22, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 17, 2014:
| Convertible Debenture: |
US$800,000 |
|
| Conversion Price: |
Convertible into 8,000,000 common shares at a conversion price of $0.10 per share (assuming a conversion rate of US$1 = Cdn$1) |
|
| Maturity date: |
December 1, 2014 |
|
| Interest rate: |
6% |
|
| Number of Placees: |
1 placee |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
Convertible Debenture |
| International Energy & Mineral |
||
| Resources Investment (Hong Kong) |
||
| Company Limited (Hongxue Fu) |
Y |
US$800,000 |
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.
________________________________________
INLET RESOURCES LTD. ("INL")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 22, 2014
TSX Venture Tier 2 Company
Effective at 10:30 a.m., PST, April 22, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
LAKESIDE MINERALS INC. ("LAK")
BULLETIN TYPE: Halt
BULLETIN DATE: April 22, 2014
TSX Venture Tier 2 Company
Effective at 12:14 p.m., PST, April 22, 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.
________________________________________
MADISON CAPITAL CORPORATION ("MDC.P")
BULLETIN TYPE: CPC-Information Circular, Remain Suspended - Qualifying Transaction
BULLETIN DATE: April 22, 2014
TSX Venture Tier 2 Company
CPC-Information Circular:
TSX Venture Exchange has accepted for filing the Company's CPC Information Circular dated April 15, 2014, for the purpose of mailing to shareholders and filing on SEDAR.
Remain Suspended - Qualifying Transaction:
Further to the TSX Venture Exchange Bulletin dated December 3, 2013, trading in the Company's securities will remain suspended pending closing of the Qualifying Transaction announced on November 21, 2013.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
________________________________________
MANSON CREEK RESOURCES LTD. ("MCK")
BULLETIN TYPE: Consolidation
BULLETIN DATE: April 22, 2014
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders on May 24, 2012, the Company has consolidated its capital on a five (5) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening, Wednesday, April 23, 2014, the common shares of Manson Creek Resources Ltd. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration / Development' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 16,271,891 |
shares are issued and outstanding |
|
| Escrow |
Nil |
shares |
| Transfer Agent: |
Computershare |
|
| Trading Symbol: |
MCK |
(UNCHANGED) |
| CUSIP Number: |
564449304 |
(new) |
________________________________________
MARGARET LAKE DIAMONDS INC. ("DIA")
BULLETIN TYPE: Qualifying Transaction-Completed, Property-Asset or Share Purchase Agreement, Private Placement-Brokered, Resume Trading
BULLETIN DATE: April 22, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing Margaret Lake Diamonds Inc.'s (the 'Company') Qualifying Transaction described in its Filing Statement dated April 16, 2014. The Qualifying Transaction includes the following:
Property Purchase Agreement:
The Company entered into an Assignment Agreement dated March 14, 2014 between the Company and Harsbo Minerals Ltd. ('Harsbo') whereby the Company has been assigned Harsbo's interest in and to an option agreement dated December 23, 2013 (the 'Option Agreement') between Harsbo and Margaret Lake Diamonds Ltd. ('Margaret Lake Diamonds' or 'MLD'). Under the terms of the Option Agreement, Harsbo was granted the sole and exclusive option to acquire up to a 70% undivided interest in nineteen (19) mineral claims located in the Northwest Territories, Canada, known as the Margaret Lake Diamond Property (the 'Property').
The Company can earn a 60% interest in the Property (the 'First Option') by:
- Paying $102,312.42 in assessment fees to the Receiver General of Canada (Paid)
- Incurring $1,000,000 in exploration expenditures by October 14, 2014
Upon exercising the First Option, the Company can acquire an additional 10% (the 'Second Option') by:
- Incur an additional $1,000,000 in exploration expenditures by October 13, 2015
After the Company has exercised the Second Option to acquire 70%, MLD has the right and option to sell its undivided 30% right, title and interest in and to the Property to the Company in consideration of the issuance of common shares in the capital the Company having a value of $3,000,000 subject to a $0.10 minimum price per share.
The Company has issued a Finder's Fee of 500,000 shares in conjunction with the Assignment Agreement.
The Company is classified as an "Exploration and Mining" company.
| Capitalization: |
Unlimited shares with no par value of which |
|
| 20,889,009 shares are issued and outstanding |
||
| Escrow: |
1,275,000 shares subject to a 36-month staged release escrow under the CPC Escrow Agreement; and |
|
| 6,000,000 under a Value Escrow |
||
| Symbol: |
DIA (UNCHANGED) |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Harsbo Minerals Ltd. |
Y |
6,000,000 |
Private Placement-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a partially Brokered and partially Non-Brokered Private Placement announced March 18, 2014 and revised April 16, 2014:
| Number of Shares: |
9,000,000 non-flow-through Units; each unit comprising one common share and one half share purchase warrant |
|
| 3,000,000 flow-through shares |
||
| Purchase Price: |
$0.10 per non-flow-through share |
|
| $0.10 per flow-through share |
||
| Warrants: |
4,500,000 share purchase warrants (as part of the non-flow-through Units) |
|
| Warrant Exercise Price: |
$0.25 for a two year period |
|
| Number of Placees: |
88 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Varshney Capital Corp. (Beneficially |
||
| owned by Hari Varshney, Peeyush |
||
| Varshney and Anuja Varshney) |
Y |
300,000 |
| Hari Varshney |
Y |
50,000 |
| Darryl Sittler |
Y |
300,000 |
| Paul Brockington |
Y |
1,000,000 |
| Thomas Hasek |
Y |
250,000 |
| Mark Thompson |
Y |
1,000,000 |
| Aggregate Pro Group Involvement |
||
| [10 placees] |
P |
2,645,000 |
| Agent's Fee: |
Jordan Capital Markets Inc. (the 'Agent') received an Agent's Fee of $59,840 cash and 848,000 non-transferable Agent's Options. Each Agent's Option allows the Agent to purchase non-flow-through units (the 'Agent's Units') at a price of $0.10 per Agent's Unit for two years from closing date. The Agent's Units will entitle the Agent to one common share and one-half warrant. Each whole warrant entitles the Agent to purchase one additional common share at a price of $0.25 for a two year period. There is also a Corporate Finance fee of 100,000 shares issuable to the Agent. |
|
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.]
Loan Agreement:
TSX Venture Exchange has accepted for filing documentation with respect to a Loan Agreement dated February 18, 2014 between Harsbo and Paul Brockington for $204,000 (the 'Loan') which Loan Agreement was assigned by Harsbro to the Company under an Assignment and Amendment Agreement dated March 26, 2014 (the 'Agreement'). The Loan and any outstanding interest thereon is convertible into Loan Units at a price of $0.10 per Loan Unit at any time following the Closing Date pursuant to the execution of the Agreement. Each Loan Unit comprises one common share and one half-warrant.
| Convertible Debenture: |
$204,000 |
| Conversion Price: |
$0.10 |
| Maturity date: |
April 24, 2015 |
| Warrants |
Each-warrant will have a term of two years 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 $0.25 in the first year of exercise and at $0.25 in the second year of exercise. |
| Interest rate: |
9% per annum |
| Number of Placees: |
1 placee |
Resume Trading:
Effective at open of trading, Wednesday. April 23, 2014, the shares of the Company will resume trading, the Qualifying Transaction having been completed.
| Company Contact: |
Paul Brockington |
| Company Address: |
Suite 2050 – 1055 West Georgia Street |
| Vancouver, BC V6E 3P3 |
|
| Company Phone Number: |
604 684-2181 |
| Company Fax Number: |
604 682-4768 |
| Company Email Address: |
|
______________________________________________
NV GOLD CORPORATION ("NVX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 22, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the option agreement dated March 14, 2014 between NV Gold Corporation (the "Company"), its wholly-owned subsidiary, NV Gold Corporation (USA), Evolving Gold Corp. ("EVG") and its wholly-owned subsidiary, Rattlesnake Mining (Wyoming) Company ("EVG US"), whereby the Company has been granted an option to acquire a 100% interest in the Rattlesnake Hills Project located in Natrona County, Wyoming, USA, ("Property").
To exercise the option under the option agreement the Company must pay to EVG US US$3,500,000 and issue 3,000,000 common share purchase warrants of the Company ("Warrants") and 1,000,000 common shares of the Company ("Shares") in aggregate as follows:
- on execution of the Agreement, US$100,000 as a non-refundable deposit (the "Deposit") and US$300,000 (the "Down Payment") to EVG US' counsel for forwarding to EVG US upon TSX Venture Exchange ("TSXV") acceptance;
- upon TSXV acceptance, US$100,000 and 1,000,000 Warrants, each such Warrant exercisable to acquire one Share at CDN$0.10 per Share for 36 months from the date of issue;
- on or before August 1, 2014, US$200,000;
- on or before September 15, 2014, 1,000,000 Warrants, each such Warrant exercisable to acquire one Share at CDN$0.10 per Share until September 15, 2016;
- on or before November 1, 2014, US$800,000;
- on or before the first anniversary of TSXV acceptance, US$1,000,000 and 1,000,000 Warrants, each such Warrant exercisable to acquire Share at CDN$0.10 per Share for a period of 18 months from the date of issue; and
- on or before the second anniversary of execution, US$1,000,000 and 1,000,000 Shares.
Further information on the transaction can be found in the company's news releases dated March 17, 2014 and April 22, 2014.
| CASH |
SHARES |
WARRANTS |
|
| Evolving Gold Corp. (TSX) |
US$3,500,000 |
1,000,000 |
3,000,000 |
________________________________________
PHOENIX GOLD RESOURCES CORP. ("PXA.P")
[formerly Zuri Capital Corp. ("ZUR.P")]
BULLETIN TYPE: Name Change, Remain Suspended
BULLETIN DATE: April 22, 2014
TSX Venture Tier 2 Company
Pursuant to a resolution passed by directors on November 29, 2013, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening on Wednesday, April 23, 2014, the common shares of Phoenix Gold Resources Corp. will be listed but remain suspended from trading on TSX Venture Exchange, and the common shares of Zuri Capital Corp. will be delisted. The Company is classified as a 'Capital Pool Company' company.
| Capitalization: |
Unlimited |
shares with no par value of which |
| 4,000,000 |
shares are issued and outstanding |
|
| Escrow: |
2,000,000 |
shares |
| Transfer Agent: |
Computershare Investor Services Inc. (Vancouver) |
|
| Trading Symbol: |
PXA.P |
(new) |
| CUSIP Number: |
71906R 10 6 |
(new) |
Further to the TSX Venture Exchange Bulletin dated March 21, 2014, trading in the Company's securities will remain suspended.
________________________________________
SOUTHERN SILVER EXPLORATION CORP. ("SSV")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: April 22, 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 $0.05 in consideration of the second quarter of services provided to the Company pursuant to an agreement dated September 30, 2013.
The Company shall issue a news release when the shares are issued.
________________________________________
SUROCO ENERGY INC. ("SRN")
BULLETIN TYPE: Halt
BULLETIN DATE: April 22, 2014
TSX Venture Tier 2 Company
Effective at 9:02 a.m., PST, April 22, 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.
________________________________________
XMET INC. ("XME")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 22, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 11, 2014:
| Number of Shares: |
2,727,273 shares |
| Purchase Price: |
$0.11 per share |
| Warrants: |
2,727,273 share purchase warrants to purchase 2,727,273 shares |
| Warrant Exercise Price: |
$0.175 for an eighteen month period |
| Number of Placees: |
1 placee |
| Finder's Fee: |
$24,000, plus 218,182 compensation options (each exercisable into one common share at a price of $0.11 for a period of eighteen months) payable to Maison Placements Canada Inc. |
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.
________________________________________
NEX COMPANIES:
KEY VENTURE CAPITAL INC. ("KVC.H")
BULLETIN TYPE: Qualifying Transaction-Completed, Delist
BULLETIN DATE: April 22, 2014
NEX Company
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Information Circular dated March 10, 2014.
The Company has completed its Qualifying Transaction whereby the Company has agreed to purchase 2,460,000 units being offered under a private placement by Boxxer Gold Corp. ("Boxxer") at a price of $0.05 per Boxxer unit, for aggregate consideration of $123,000, where each Boxxer unit consists of one common share and one share purchase warrant exercisable for five years at $0.05 per share.
Following completion of the private placement, the Company will distribute the Boxxer units pro rata to its shareholders and thereafter to be delisted and dissolved.
Effective at the close of business on Tuesday, April 22, 2014, the common shares will be delisted from TSX Venture Exchange at the request of the Company, the Company having completed its distribution of the Boxxer units pro rata to its shareholders.
Majority of Minority approval has been obtained at the Company's special meeting of shareholders held on April 14, 2014.
For further information please review the Company's Information Circular dated March 10, 2014 and press release dated April 22, 2014.
________________________________________
OCULUS VENTURES CORPORATION ("OVX.H")
BULLETIN TYPE: Halt
BULLETIN DATE: April 21, 2014
NEX Company
Effective at 1:31 p.m. PST, April 21, 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.
________________________________________
OCULUS VENTURES CORPORATION ("OVX.H")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: April 22, 2014
NEX Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated April 21, 2014, effective at 6:03 a.m., April 22, 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.
________________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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