VANCOUVER, April 28, 2014 /CNW/ -
TSX VENTURE COMPANIES:
ALIX RESOURCES CORP. ("AIX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the second and final tranche of a Non-Brokered Private Placement announced February 14, 2014:
Number of Shares: |
1,856,620 shares |
Purchase Price: |
$0.05 per share |
Warrants: |
1,856,620 share purchase warrants to purchase 1,856,620 shares |
Warrant Exercise Price: |
$0.06 for a one year period |
Number of Placees: |
3 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.
________________________________________
BERKWOOD RESOURCES LTD. ("BKR")
BULLETIN TYPE: Private Placement-Non-Brokered, Correction
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletin dated April 25, 2014 that was issued with respect to the Non-Brokered Private Placement that was announced March 21, 2014, the 3,619,000 flow-through shares and 4,219,000 non-flow-through shares is $0.06 per flow-through and non-flow-through shares, not $0.05 per flow-through and non-flow-through share.
The rest of the bulletin remains unchanged.
________________________________________
DURAN VENTURES INC. ("DRV")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
Effective at 5:28 a.m., PST, April 28, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
EXPLOR RESOURCES INC. ("EXS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to an arm's-length sale agreement dated April 23, 2014, in connection with the Company's acquisition of 1 claim located in Duparquet Township in the Rouyn-Noranda Mining Division, Quebec, in consideration of 50,000 common shares.
The vendor has retained a 1% NSR. The Company can at any time buy back half of the NSR royalty in consideration of an amount of $500,000 cash.
For further details, please refer to the Company's press release dated April 23, 2014.
RESSOURCES EXPLOR INC. (« EXS »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 28 avril 2014
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt d'une convention de vente négociée à distance et datée du 23 avril 2014 relativement à l'acquisition par la société de 1 claim situés dans le canton Duparquet dans la division minière de Rouyn-Noranda, Québec, en considération de 50 000 actions ordinaires.
Le vendeur a conservé une redevance « NSR » de 1 %. La société peut en tout temps racheter la moitié de la redevance NSR pour la somme de 500 000 $.
Pour plus d'information, veuillez vous référer au communiqué de presse émis par la société le 23 avril 2014.
_____________________________________
GOBIMIN INC. ("GMN")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
The Issuer has declared the following dividend(s):
Dividend per Share: |
$0.01 |
Payable Date: |
June 24, 2014 |
Record Date: |
May 29, 2014 |
Ex-Dividend Date: |
May 27, 2014 |
________________________________________
GOLDSPIKE EXPLORATION INC. ("GSE")
BULLETIN TYPE: Private Placement- Non-Brokered
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 16, 2014:
Number of Shares: |
1,500,000 common shares |
Purchase Price: |
$0.10 per share |
Number of Placees: |
1 placee |
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).
________________________________________
HANDA COPPER CORPORATION ("HEC")
BULLETIN TYPE: Halt
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
Effective at 11:59 a.m., PST, April 28, 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.
________________________________________
HUAKAN INTERNATIONAL MINING INC. ("HK")
BULLETIN TYPE: Amalgamation, Delist
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
By Certificate of Amalgamation, dated April 25, 2014, Huakan International Mining Inc. (the 'Company') and 0996059 B.C. Ltd. ("Newco"), a corporation owned by Hong Kong Huakan Investment Co. Limited ("Hong Kong Huakan"), Sun Luck Asia Investment Limited ("Sun Luck") and Power Best Resources Inc. ("Power Best" and together with Sun Luck and Hong Kong Huakan, the "Acquirors") have amalgamated on the following basis:
1) |
Upon the Amalgamation, holders of common shares in the capital of the Company other than Sun Luck, Power Best, Ms. Shu-Fen (the "Ongoing Shareholder") and certain wholly-owned subsidiaries of Hong Kong Huakan (being Huakan Resource Inc., Hua Kan International Mining Co. Ltd., Shanchuan Mining Limited and Dashan Mining Limited), will receive for each common share, one Class A preferred share ("Amalco Class A Preferred Share") of the new corporation ("Amalco") resulting from the amalgamation. |
2) |
On the Date of the amalgamation, each Amalco Class A Preferred Share will be redeemed for CDN $0.50 in cash. |
3) |
Subsequent to the amalgamation, Amalco will be a private company that is wholly-owned, directly or indirectly by the Acquirors and the Ongoing Shareholder. |
Delist:
Effective at the close of business, Monday, April 28, 2014, the common shares of the Company will be delisted from TSX Venture Exchange at the request of the Company.
Further information can be found in the Company's news releases dated March 17, 2014, March 26, 2014 and April 25, 2014.
________________________________________
KAZAX MINERALS INC. ("KZX")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 14, 2014:
Convertible Debenture: |
$2,500,000 |
|
Conversion Price: |
The debentures will convert at a price of $0.05 per share in the first year, and $0.10 if converted with the second or third year. The debentures will convert, subject to compliance with certain other conditions, upon receipt of consent from the Ministry of Industry and New Technologies of the Republic of Kazakhstan. |
|
Maturity date: |
Three years from closing |
|
Warrants |
The warrants are exercisable at a price of $0.10 for three years from date of issuance of the debentures, subject to an accelerated expiry. |
|
Interest rate: |
nil |
|
Number of Placees: |
2 placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
Principal Amount |
Riad Al Sadek |
Y |
$1,250,000 |
Moshtagh Mostaghi |
Y |
$1,250,000 |
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.
________________________________________
KNIGHT THERAPEUTICS INC. ("GUD")
BULLETIN TYPE: Graduation
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has been advised that the securities of Knight Therapeutics Inc. will be listed and commence trading on Toronto Stock Exchange at the opening Tuesday, April 29, 2014, under the symbol "GUD".
As a result of this graduation, there will be no further trading under the symbol "GUD" on TSX Venture Exchange after Monday, April 28, 2014 and its securities will be delisted from TSX Venture Exchange at the commencement of trading on Toronto Stock Exchange.
THÉRAPEUTIQUE KNIGHT INC. (« GUD »)
TYPE DE BULLETIN : Migration
DATE DU BULLETIN : Le 28 avril 2014
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a été avisée que les titres de Thérapeutique Knight inc. seront inscrits et admis à la négociation à la Bourse de Toronto à l'ouverture des affaires mardi, le 29 avril 2014, sous le symbole « GUD ».
Compte tenu de cette migration, il n'y aura plus de négociation sous le symbole « GUD » à Bourse de croissance TSX après lundi, le 28 avril 2014 et les titres seront retirés de la cote de Bourse de croissance TSX lors de l'admission à la négociation à la Bourse de Toronto.
_______________________________________
LAKELAND RESOURCES INC. ("LK")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Property Purchase and Sale Agreement dated April 22, 2014 between Lakeland Resources Inc. (the Company) and Ryan Kalt (the Vendor) whereby the Company has been granted the right to purchase 100% of three mineral claims (4,474 hectares) located in the Athabasca Basin region of Saskatchewan, adjacent to the Company's Lazy Edward Bay property. Consideration is $5,000 cash and 250,000 common shares. The Property is subject to a 2% Gross Revenue Royalty.
________________________________________
LATIN AMERICAN MINERALS INC. ("LAT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 25, 2014:
Number of Shares: |
5,275,000 shares |
|
Purchase Price: |
$0.08 per share |
|
Warrants: |
5,275,000 share purchase warrants to purchase 5,275,000 shares |
|
Warrant Exercise Price: |
$0.12 for a two year period |
|
Number of Placees: |
15 placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Ian C. Peres |
Y |
500,000 |
Richard Boulay |
Y |
1,000,000 |
Patricia Sheahan |
Y |
350,000 |
Waldo A. Perez |
Y |
325,000 |
Paul Fornazzari |
Y |
125,000 |
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.
________________________________________
MARKSMEN ENERGY INC. ("MAH")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
# of Warrants: |
1,025,885 |
Original Expiry Date of Warrants: |
May 3, 2014 |
New Expiry Date of Warrants: |
May 4, 2015 |
Exercise Price of Warrants: |
$0.30 (UNCHANGED) |
These warrants were issued pursuant to a private placement of 2,051,767 shares with 1,025,885 share purchase warrants attached, which was accepted for filing by the Exchange effective May 9, 2013.
__________________________________________
MARTINA MINERALS CORP. ("MTN.H")
[formerly Martina Minerals Corp. ("MTN")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE: April 28, 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 Tuesday, April 29, 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 Toronto to NEX.
As of April 29, 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 MTN to MTN.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.
_______________________________________
MOONCOR OIL & GAS CORP. ("MOO")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Securities Purchase Agreement, dated March 18, 2014, between Mooncor Oil & Gas Corp. (the "Company") and Pinetree Capital Ltd. – a TSX listed company ("Pinetree") whereby Pinetree will acquire 10,000,000 units of the Company at a price of $0.05 per unit in exchange for 819,672 common shares of Pinetree at a deemed value of $0.61 per share. Each unit is comprised of one common share and one common share purchase warrant, exercisable into one common share of the Company at $0.10 for a two year period.
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Units |
Pinetree Capital Ltd. |
Y |
10,0004,000 |
For further details, please refer to the Company's news releases dated March 26, 2014 and April 2, 2014.
________________________________________
NATURALLY SPLENDID ENTERPRISES LTD. ("NSP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 10, 2014:
Number of Shares: |
6,843,500 shares |
|
Purchase Price: |
$0.20 per share |
|
Warrants: |
3,421,750 share purchase warrants to purchase 3,421,750 shares |
|
Warrant Exercise Price: |
$0.30 for a two year period, subject to an acceleration clause |
|
Number of Placees: |
79 placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Aggregate Pro Group Involvement |
||
[5 placees] |
P |
425,000 |
Finders' Fees: |
Canaccord Genuity Corp. - $41,480 cash and 207,400 warrants payable. |
|
Woverton Securities Ltd. - $26,250 cash and 131,250 warrants payable. |
||
Modaven Capital Corporation (Charles Ross) - $3,000 cash payable. |
||
PI Financial Corp. - $5,800 cash and 29,000 warrants payable. |
||
Fin-XO Securities Inc. - $2,000 cash and 5,000 warrants. |
||
Leede Financial Markets Inc. - $2,000 cash and 10,000 warrants payable. |
||
- Each warrant is exercisable into one common share at $0.30 until April 25, 2016. |
||
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.]
________________________________________
PAPUAN PRECIOUS METALS CORP. ("PAU")
BULLETIN TYPE: Halt
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
Effective at 8:56 a.m., PST, April 28, 2014, trading in the shares of the Company was halted 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.
________________________________________
PAPUAN PRECIOUS METALS CORP. ("PAU")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated April 28, 2014, effective at 11:31 a.m., April 28, 2014, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Change of Business pursuant to TSXV Listings Policy 5.2. 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.
________________________________________
PETROAMERICA OIL CORP. ("PTA") ("PTA.WT") ("PTA.WT.B")
BULLETIN TYPE: Halt
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
Effective at 5:40 a.m., PST, April 28, 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.
________________________________________
PETROAMERICA OIL CORP. ("PTA") ("PTA.WT") ("PTA".WT.B)
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
Effective at 9:30 a.m., PST, April 28, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
PITCHBLACK RESOURCES LTD. ("PIT")
BULLETIN TYPE: Company Tier Reclassification
BULLETIN DATE: April 28, 2014
TSX Venture Tier 1 Company
In accordance with Policy 2.5, the Company has not maintained the requirements for a Tier 1 company. Therefore, effective Tuesday, April 29, 2014, the Company's Tier classification will change from Tier 1 to:
Classification
Tier 2
________________________________________
SAINT JEAN CARBON INC. ("SJL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a Mining Claims Purchase & Transfer Agreement dated October 23, 2013 (the "Agreement") between the Company and an Arms Length Party (the "Vendor"), whereby the Company will acquire certain mining claims in the Province of Quebec known as the St. Jovite Mineral Claim, located approximately 8.5km south-south-east of Buckingham Village, from the Vendor. In consideration, the Company will issue a total of 1,500,000 common shares ("Shares") at a deemed price of $0.06 per Share, of which 1,000,000 will be issued upon closing, and $5,000 cash.
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Lam Chan Tho |
Y |
1,500,000 |
For further information, please refer to the Company's press releases dated August 15, 2013, October 29, 2013 and January 16, 2014.
________________________________________
SAINT JEAN CARBON INC. ("SJL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a Mining Claims Purchase & Transfer Agreement dated October 23, 2013 (the "Agreement") between the Company and an Arms Length Party (the "Vendor"), whereby the Company will acquire certain mining claims in the Province of Quebec known as the Wallingford Mineral Claim, located approximately 10km north of Buckingham Village, from the Vendor. In consideration, the Company will issue a total of 1,500,000 common shares ("Shares") at a deemed price of $0.06 per Share, of which 1,000,000 will be issued upon closing, and $5,000 cash.
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Lam Chan Tho |
Y |
1,500,000 |
For further information, please refer to the Company's press releases dated August 15, 2013, October 29, 2013 and January 16, 2014.
________________________________________
SANTA FE METALS CORPORATION ("SFM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Option Agreement dated April 17, 2014 (the 'Agreement') between Santa Fe Metals Corporation (the 'Company') and Eagle Plains Resources Ltd. (the 'Vendor'). The Agreement was signed pursuant to a letter of intent entered into between the Company and the Vendor dated March 11, 2014. Pursuant to the terms of the Agreement, the Company will have the option to earn up to a 60% interest in the Iron Range Project, located in British Columbia (the 'Property').
Consideration for the 60% interest in the Property is as follows:
CASH |
SHARES |
EXPENDITURES |
|
On Exchange approval |
0 |
1,000,000 |
0 |
On or before December 31, 2014 |
$25,000 |
1,000,000 |
$150,000 |
On or before December 31, 2015 |
$50,000 |
1,000,000 |
$350,000 |
On or before December 31, 2016 |
$75,000 |
1,000,000 |
$1,500,000 |
On or before December 31, 2017 |
$150,000 |
1,000,000 |
$3,000,000 |
On or before December 31, 2018 |
$200,000 |
1,000,000 |
$5,000,000 |
Please refer to the Company's news release dated March 18, 2014 for further details.
________________________________________
SKEENA RESOURCES LTD. ("SKE")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated April 9, 2014, effective at 7:27 a.m. April 28, 2014, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding a Change of Business and/or Reverse Take-Over pursuant to TSXV Listings Policy 5.2. 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.
________________________________________
SUROCO ENERGY INC. ("SRN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
Effective at 9:30 a.m., PST, April 28, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
WATUSI CAPITAL CORP. ("WAS.H")
[formerly Watusi Capital Corp. ("WAS.P")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.4, Capital Pool Companies, the Company has not completed a Qualifying Transaction within the prescribed time frame. Therefore, effective at the opening on Tuesday, April 29, 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 April 29, 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 WAS.P to WAS.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.
_______________________________________
YONGSHENG CAPITAL INC. ("YSC.P")
BULLETIN TYPE: Halt
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, April 28, 2014, trading in the shares of the Company was halted for failure to complete a Qualifying Transaction within 24 months of Listing. 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.
________________________________________
ZONE RESOURCES INC. ("ZNR")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement; Amendment
BULLETIN DATE: April 28, 2014
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated April 17, 2014, the Company advises that the following information is amended:
As consideration for the Optionor waiving $75,000 in outstanding cash payments, the Issuer will pay to the Optionor 750,000 common shares.
All other details remain unchanged.
________________________________________
NEX COMPANY:
VALPARAISO ENERGY INC. ("VPO.H")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: April 28, 2014
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 6,500,000 shares to settle outstanding debt for $325,000.
Number of Creditors: |
11 Creditors |
|||
Insider / Pro Group Participation: |
||||
Insider=Y / |
Amount |
Deemed Price |
||
Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
Norman Mackenzie |
Y |
$25,000 |
$0.05 |
500,000 |
Finder's Fee: |
200,000 commons shares payable to R-266 Enterprises Ltd. (D.Coombs) 200,000 common shares payable to Tyler Ross. |
|||
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
SOURCE: TSX Venture Exchange
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