VANCOUVER, May 9, 2014 /CNW/ -
TSX VENTURE COMPANIES:
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: May 8, 2014
TSX Venture Companies
A Cease Trade Order has been issued by the British Columbia Securities Commission on May 8, 2014 against the following companies for failing to file the documents indicated within the required time period:
| Symbol |
Tier |
Company |
Failure to File |
Period |
| Ending |
||||
| (Y/M/D) |
||||
| AKH |
2 |
Alaska Hydro Corporation |
A comparative financial statement |
|
| for its financial year ended |
13/12/31 |
|||
| A Form 51-102F1 Management's |
||||
| Discussion and Analysis for the |
||||
| period ended |
13/12/31 |
|||
| AWS |
2 |
Arrowstar Resources Ltd. |
A comparative financial statement |
|
| for its financial year ended |
13/12/31 |
|||
| A Form 51-102F1 Management's |
||||
| Discussion and Analysis for the |
||||
| period ended |
13/12/31 |
|||
| IXC.U |
2 |
Industrialex Manufacturing Corp. |
A comparative financial statement |
|
| for its financial year ended |
13/12/31 |
|||
| A Form 51-102F1 Management's |
||||
| Discussion and Analysis for the |
||||
| period ended |
13/12/31 |
|||
| IES |
2 |
Intercept Energy Services Inc. |
A comparative financial statement |
|
| for its financial year ended |
13/12/31 |
|||
| A Form 51-102F1 Management's |
||||
| Discussion and Analysis for the |
||||
| period ended |
13/12/31 |
|||
| LRC |
2 |
Lovitt Resources Inc. |
A comparative financial statement |
|
| for its financial year ended |
13/12/31 |
|||
| A Form 51-102F1 Management's |
||||
| Discussion and Analysis for the |
||||
| period ended |
13/12/31 |
|||
| NGG |
2 |
New Guinea Gold Corporation |
A comparative financial statement |
|
| for its financial year ended |
13/12/31 |
|||
| A Form 51-102F1 Management's |
||||
| Discussion and Analysis for the |
||||
| period ended |
13/12/31 |
|||
| Symbol |
Tier |
Company |
Failure to File |
Period |
| Ending |
||||
| (Y/M/D) |
||||
| PBM |
2 |
Pacific Bay Minerals Ltd. |
A comparative financial statement |
|
| for its financial year ended |
13/12/31 |
|||
| A Form 51-102F1 Management's |
||||
| Discussion and Analysis for the |
||||
| period ended |
13/12/31 |
|||
| PFE |
2 |
Pan American Fertilizer Corp. |
A comparative financial statement |
|
| for its financial year ended |
13/12/31 |
|||
| A Form 51-102F1 Management's |
||||
| Discussion and Analysis for the |
||||
| period ended |
13/12/31 |
|||
| REV |
2 |
Regent Ventures Ltd. |
A comparative financial statement |
|
| for its financial year ended |
13/12/31 |
|||
| A Form 51-102F1 Management's |
||||
| Discussion and Analysis for the |
||||
| period ended |
13/12/31 |
|||
| SF |
2 |
Silver Fields Resources Inc. |
A comparative financial statement |
|
| for its financial year ended |
13/12/31 |
|||
| A Form 51-102F1 Management's |
||||
| Discussion and Analysis for the |
||||
| period ended |
13/12/31 |
|||
| SHI |
2 |
Sunrise Resources Ltd. |
A comparative financial statement |
|
| for its financial year ended |
13/12/31 |
|||
| A Form 51-102F1 Management's |
||||
| Discussion and Analysis for the |
||||
| period ended |
13/12/31 |
Upon revocation of the 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 companies during the period of the suspension or until further notice.
________________________________________
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: May 8, 2014
TSX Venture Company
A Cease Trade Order has been issued by the British Columbia Securities Commission on May 8, 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) |
||||
| ANR.U |
2 |
American Natural Energy |
A comparative financial statement |
|
| Corporation |
for its financial year ended |
13/12/31 |
||
| A Form 51-102F1 Management's |
||||
| Discussion and Analysis for the |
||||
| period ended |
13/12/31 |
Upon revocation of the 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.
________________________________________
BAJA MINING CORP. ("BAJ")
BULLETIN TYPE: Halt
BULLETIN DATE: May 9, 2014
TSX Venture Tier 2 Company
Effective at 9:21 a.m., PST, May 9, 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.
________________________________________
BAYFIELD VENTURES CORP. ("BYV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 9, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the second tranche of a Non-Brokered Private Placement announced April 22, 2014 and May 2, 2014:
| Number of Shares: |
1,667,334 flow-through shares |
| 100,000 non-flow-through shares |
|
| Purchase Price: |
$0.30 per flow-through share |
| $0.25 per non-flow-through share |
|
| Warrants: |
1,667,334 flow-through share purchase warrants to purchase 1,667,334 non-flow-through shares at $0.35 per share for a two year period. |
| 100,000 non-flow-through share purchase warrants to purchase 100,000 non-flow-through shares at $0.255 per share for a two year period. |
|
| Number of Placees: |
6 placees |
| Finder's Fee: |
Marquest Capital Management - $17,000 and 58,333 share purchase warrants that are exercisable into common shares at $0.35 per share for a two year period. |
| Raymond James Ltd. - $2,814 and 9,380 share purchase warrants that are exercisable into common shares at $0.35 per share for a two year period. |
|
| Richardson GMP Limited - $2,100 and 7,000 share purchase warrants that are exercisable into common shares at $0.35 per share for a two year period. |
|
| Secutor Capital Management - $10,500 and 35,000 share purchase warrants that are exercisable into common shares at $0.35 per share for a two year period. |
|
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.
________________________________________
CORTEZ GOLD CORP. ("CUT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 9, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 2, 2013:
SECOND TRANCHE:
| Number of Shares: |
2,000,000 shares |
||
| Purchase Price: |
$0.20 per share |
||
| Warrants: |
1,000,000 share purchase warrants to purchase 1,000,000 shares |
||
| Warrant Exercise Price: |
$0.40 for a two year period |
||
| Number of Placees: |
4 placees |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / |
|||
| Name |
ProGroup=P |
# of Shares |
|
| ITALPREZIOSI S.p.A |
Y |
1,500,000 |
|
| Jose Antonio Berlanga |
Y |
350,000 |
|
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.
________________________________________
DIAGNOS INC. ("ADK")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture
BULLETIN DATE: May 9, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement of convertible notes announced on February 25, 2014:
| Convertible Notes: |
$1,070,000 |
||
| Conversion Price: |
Principal is convertible into common shares at a conversion price of $0.16 per share. |
||
| Maturity Date: |
two years following the date of closing |
||
| Interest Rate: |
10% per annum |
||
| Warrants: |
5,600,000 warrants to purchase 5,600,000 common shares. |
||
|
|
$0.095 per share for a two-year period following the closing of the Private Placement. |
||
| Placees: |
55 placees |
||
| Insider / Pro Group Participation: |
|||
| Name |
Insider=Y/ |
Number of Shares |
|
| ProGroup=P |
assuming conversion of |
||
| Notes |
|||
| Dundee Resources Ltd |
Y |
1,250,000 |
|
| Finder's Fee: |
Dundee Securities Ltd. received $46,900 in cash and 250,000 non-transferable broker warrants to purchase 250,000 shares at a price of $0.095 per share for two years after the closing date. |
||
The Company has announced the closing of the Private Placement via the issuance of press releases dated April 1, 2014 and May 6, 2014.
DIAGNOS INC. (« ADK »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier, débenture convertible
DATE DU BULLETIN : Le 9 mai 2014
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier de billets convertibles annoncé le 25 février 2014 :
| Billets convertibles : |
1 070 000 $ |
||
| Prix de conversion : |
Le capital est convertible en actions ordinaires au prix de conversion de 0,16 $ par action. |
||
| Date d'échéance : |
Deux ans suivant la date de clôture |
||
| Taux d'intérêt : |
10 % par année |
||
| Bons de souscription : |
5 600 000 bons de souscription permettant de souscrire à 5 600 000 |
||
| Prix d'exercice des bons : |
0,095 $ l'action pour une période de deux ans suivant la clôture du |
||
| Nombre de souscripteurs : |
55 souscripteurs |
||
| Participation Initié / Groupe Pro : |
|||
| Nom |
Initié = Y / |
Nombre |
|
| Groupe Pro = P |
d'actions |
||
| Dundee Resources Ltd |
Y |
1 250 000 |
|
| Honoraire d'intermédiation: |
Dundee Securities Ltd. a reçu 46 900 $ en espèces et 250 000 bons au courtier non-transférables permettant de souscrire 250 000 actions ordinaires au prix de 0,095 $ l'action pendant une période de deux ans suivant la date de clôture. |
||
La société a annoncé la clôture du placement privé par voie d'émission de communiqués de presse datés des 1er avril et 6 mai 2014.
_____________________________________
DURAN VENTURES INC. ("DRV")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: May 9, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to three (3) Agreements (collectively, the "Agreements"), dated March 3, 2014, between Duran Ventures Inc. (the "Company") and Minera
Peñoles de Peru S.A. ("Peñoles"), pursuant to which the Company has agreed to sell to Peñoles the Company's Aguila Porphyry Copper-Molybdenum Project in Peru as well as the Company's 50% interest in the Corongo concessions and certain other assets (collectively, the "Assets").
Under the terms of the Agreements, the Company will receive US$7,000,000 as consideration for the said Assets.
For further details, please refer to the Company's news releases dated March 3, 2014 and May 8, 2014.
________________________________________
FIREBIRD ENERGY INC. ("FRD")
BULLETIN TYPE: Halt
BULLETIN DATE: May 9, 2014
TSX Venture Tier 2 Company
Effective at 9:53 a.m., PST, May 9, 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.
________________________________________
GOLDON RESOURCES LTD. ("GLD")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 9, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,435,985 shares to settle outstanding debt for $71,799.25.
| Number of Creditors: |
5 Creditors |
||||
| Insider / Pro Group Participation: |
Insider=Y / |
||||
| Amount |
Deemed Price |
||||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
|
| CSD Management (Colleen-Sue Davis) |
Y |
$7,770 |
$0.05 |
155,400 |
|
| Glen Wallace, CGA, Inc. (Glen Wallace) |
Y |
$4,835.81 |
$0.05 |
96,716 |
|
| Michael Romanik |
Y |
$21,000 |
$0.05 |
420,000 |
|
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
GTA RESOURCES AND MINING INC. ("GTA")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 9, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an Option Agreement (the "Agreement") dated April 25, 2014, between GTA Resources and Mining Inc. (the "Company"), and two (2) arm's-length parties (collectively, the "Vendors"), whereby the Company can acquire a 100% interest in forty-eight (48) unpatented mineral claims (the "Ivanhoe Property"), located in the Sudbury Mining Division, near Foleyet, Ontario.
Under the terms of the Agreement, the Company will earn a 100% interest in the Property by making aggregate cash payments of $260,000, issuing 1,000,000 common shares over a four year period, and incurring a minimum of $250,000 in exploration expenditures over a two year period.
For further details, please refer to the Company's news release dated April 30, 2014.
________________________________________
KESTREL GOLD INC. ("KGC")
BULLETIN TYPE: Halt
BULLETIN DATE: May 9, 2014
TSX Venture Tier 2 Company
Effective at 10:19 a.m., PST, May 9, 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.
________________________________________
MEDX HEALTH CORP. ("MDX")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: May 9, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement (second tranche) announced January 22, 2014:
| Number of Shares: |
3,500,000 shares |
||
| Purchase Price: |
$0.10 per share |
||
| Warrants: |
3,500,000 share purchase warrants to purchase 3,500,000 shares |
||
| Warrant Exercise Price: |
$0.20 for a two year period |
||
| Number of Placees: |
6 placees |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / |
|||
| Name |
ProGroup=P |
# of Shares |
|
| Mumsco Holdings Limited |
Y |
1,650,000 |
|
| (David Hennigar) |
|||
| Agent's Fee: |
$14,800 in cash and 148,000 broker warrants payable to Trapeze Capital Corp. Each broker warrant entitles the holder to acquire one unit at $0.10 for a two year period. |
||
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.
________________________________________
MINCOM CAPITAL INC ("MOI")
[formerly Mincom Capital Inc. ("MOI.P")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Private Placement-Non-Brokered, Reinstated for Trading
BULLETIN DATE: May 9, 2014
TSX Venture Tier 2 Company
Qualifying Transaction:
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Management Information Circular dated February 25, 2014. The closing of the Qualifying Transaction has occurred on May 8, 2014. As a result, at the opening on Monday, May 12, 2014, the Company will no longer be considered as a Capital Pool Company.
The Qualifying Transaction consists of an acquisition of a 100% interest in the Romer Property (the "Property") composed of 149 contiguous and 2 isolated map-designated mining claims located in the Labrador Trough sector of Nunavik, Northern Quebec from the non-arm's length party Focus Graphite Inc. (TSX-V: FMS). The consideration paid consists of a cash payment of $250,000 and 2,500,000 common shares issued at a deemed price of $0.30 per share, which were all escrowed at closing.
The Company is classified as a "Metal Ore Mining" (NAICS Number: 2122) Company.
For further information, please refer to the Company's Information Circular dated February 25, 2014, available on SEDAR.
Private Placement-Non-Brokered:
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement announced on February 26, 2014:
| Number of Shares: |
615,665 Common Shares |
| Purchase Price: |
$0.30 per share |
| Number of Placees: |
13 placees |
Insider / Pro Group Participation:
|
Name |
Insider = Y / Pro Group = P |
Number of shares |
| Gary Economo |
Y |
83,333 |
| Finder's Fee: |
Fin-XO Securities Inc. received a cash payment of $11,970 and 39,900 finder's warrants to purchase 39,900 common shares at $0.30 per share over a period of 12 months from the closing. |
The Company has confirmed that the closing of the Qualifying Transaction and the Private Placement has occurred on May 8, 2014.
Reinstated for Trading
Further to TSX Venture Exchange Bulletin dated September 27, 2013, the Company trading of the securities of the Resulting Issuer will resume at the opening on Monday, May 12, 2014.
| Capitalization: |
Unlimited shares with no par value of which |
| 17,387,257 common shares will be issued and outstanding |
|
| Escrowed Shares |
7,493,333 common shares of which |
| 749,333 common shares are released at the date of this bulletin |
|
| Transfer Agent: |
Computershare Investor Services Inc. - Montréal and Toronto |
| Trading Symbol: |
MOI (Same symbol as CPC but with ".P" removed) |
| CUSIP Number: |
60254F103 (UNCHANGED) |
The Exchange has been advised that the above transactions have been completed.
| Company Contact: |
Ms. Judith Mazvihwa-MacLean, Chief Financial Officer |
| Company Address: |
130 Albert Street, Suite 912, Ottawa Ontario K1P 5G4 |
| Company Phone Number: |
613-241-4040 |
| Company Fax Number: |
613-241-8632 |
| E-mail Address: |
___________________________________
PEAK POSITIONING TECHNOLOGIES INC. ("PKK")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture
BULLETIN DATE: May 9, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement:
| Convertible Debenture: |
$569,796 |
| Conversion Price: |
Principal is convertible into common shares at a conversion price of $0.05 per share for the first 12 months and of $0.10 thereafter |
| Maturity Date: |
March 12, 2016 |
| Interest Rate: |
10% per annum |
| Number of Placees: |
11 placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares assuming |
| Newfield Partners LLC (David Alan Kugler) |
Y |
4,610,180 |
| Mark Dumas |
Y |
2,000,000 |
| Johnson Joseph |
Y |
951,340 |
| Kerrigan Turner |
Y |
536,220 |
| Robert Desbiens |
Y |
322,440 |
| Services Conseil L. Bolduc Inc. (Laval Bolduc) |
Y |
100,000 |
| Coss N Crew Corp. (Varujan Tasci) |
Y |
519,140 |
| Tasci Net Inc. (Varujan Tasci) |
Y |
104,620 |
The Company has announced the closing of the Private Placement via the issuance of a press release dated March 13, 2014.
LES TECHNOLOGIES PEAK POSITIONING INC. (« PKK »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier, débenture convertible
DATE DU BULLETIN : Le 9 mai 2014
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier :
| Débenture convertible : |
569 796 $ |
| Prix de conversion : |
Le capital est convertible en actions ordinaires au prix de conversion de 0,05 $ par action pour les 12 premiers mois et de 0,10 $ par action par la suite |
| Date d'échéance : |
Le 12 mars 2016 |
| Taux d'intérêt : |
10 % par année |
| Nombre de souscripteurs : |
11 souscripteurs |
Participation Initié / Groupe Pro:
| Nom |
Initié=Y / Groupe Pro=P |
Nombre d'actions considérant |
| Newfield Partners LLC (David Alan Kugler) |
Y |
4 610 180 |
| Mark Dumas |
Y |
2 000 000 |
| Johnson Joseph |
Y |
951 340 |
| Kerrigan Turner |
Y |
536 220 |
| Robert Desbiens |
Y |
322 440 |
| Services Conseil L. Bolduc Inc. (Laval Bolduc) |
Y |
100 000 |
| Coss N Crew Corp. (Varujan Tasci) |
Y |
519 140 |
| Tasci Net Inc. (Varujan Tasci) |
Y |
104 620 |
La société a annoncé la clôture du placement privé par voie d'émission d'un communiqué de presse daté du 13 mars 2014.
_____________________________________
PETROSTAR PETROLEUM CORP. ("PEP")
BULLETIN TYPE: Resume Trading, Reviewable Transaction-Announced
BULLETIN DATE: May 9, 2014
TSX Venture Tier 2 Company
Effective at the open, Monday, May 12, 2014, trading in the Company's shares will resume.
This resumption of trading does not constitute acceptance of the Reviewable Transaction, and should not be construed as an assurance of the merits of the transaction or the likelihood of completion. The Company is required to submit all of the required initial documentation relating to the transaction. IF THIS DOCUMENTATION IS NOT PROVIDED, OR IS INSUFFICIENT, A TRADING HALT MAY BE RE-IMPOSED.
Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange acceptance. There is a risk that the transaction will not be accepted or that the terms of the transaction may change substantially prior to acceptance. SHOULD THIS OCCUR, A TRADING HALT MAY BE RE-IMPOSED.
________________________________________
SANATANA RESOURCES INC. ("STA")
BULLETIN TYPE: Halt
BULLETIN DATE: May 9, 2014
TSX Venture Tier 2 Company
Effective at 5:12 a.m., PST, May 9, 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.
________________________________________
SANATANA RESOURCES INC. ("STA")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 9, 2014
TSX Venture Tier 2 Company
Effective at 9:00 a.m., PST, May 9, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
THERMOCERAMIX CORPORATION ("TCX")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: May 9, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Brokered Private Placement announced on April 16, 2014.
| Number of Shares: |
6,000,000 common shares |
| Purchase Price: |
$1.25 per common share |
| Number of Placees: |
22 placees |
| Agent's Commission: |
GMP Securities L.P. and Beacon Securities Ltd. collectively received a cash commission of $577,766.20 and 783,000 non-transferable broker warrants at an exercise price of $1.25 per share for 18 months following the closing date of the Private Placement. |
The Company has confirmed that the closing of the Private Placement has occurred on May 5, 2014.
THERMOCERAMIX CORPORATION (« TCX »)
TYPE DE BULLETIN : Placement privé par l'entremise d'un courtier
DATE DU BULLETIN : Le 9 mai 2014
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé par l'entremise d'un courtier, tel qu'annoncé 16 avril 2014.
| Nombre d'actions : |
6 000 000 d'actions ordinaires |
| Prix : |
1,25 $ par action ordinaire |
| Nombre de souscripteurs : |
22 souscripteurs |
| Commission d'agent : |
GMP Securities L.P. et Beacon Securities Ltd. ont reçu collectivement une commission de 577 766,20 $ en espèces ainsi que 783 000 bons de courtier non-transférables au prix d'exercice de 1,25 $ par action pendant 18 mois suivant la clôture du placement privé. |
La société a confirmé que la clôture du placement privé a eu lieu le 5 mai 2014.
____________________________________
THUNDERSTRUCK RESOURCES LTD. ("AWE")
[formerly Thunderstruck Resources Ltd. ("AWE.P")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Property-Asset or Share Purchase Agreement, Reinstated for Trading
BULLETIN DATE: May 9, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the 'Exchange') has accepted for filing Thunderstruck Resources Ltd.'s (the 'Company') Qualifying Transaction described in its filing statement (the 'Filing Statement') dated April 28, 2014. As a result, effective at the open on Monday, May 12, 2014, the trading symbol for the Company will change from AWE.P to AWE and the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following matters, all of which have been accepted by the Exchange.
Acquisition of an Option to Acquire up to a 60% Interest in the Eric Lake Property:
Pursuant to a Mining Option Agreement between the Company and 524520 B.C. Ltd. and Chilcotin Capital Corp. (collectively, the 'Hunter Exploration Group') dated January 27, 2014, the Hunter Exploration Group has agreed to grant an option to the Company to acquire up to a 60% interest in the Eric Lake Property, located in Nunavut (the 'Property')
Consideration for the 60% interest in the Property is as follows:
| CASH |
SHARES |
EXPENDITURES |
|
| On Exchange approval (issued) |
- |
300,000 |
- |
| On or before October 1, 2014 |
- |
- |
$200,000 |
| On or before March 1, 2015 |
$100,000 |
300,000 |
- |
| On or before October 1, 2015 |
- |
- |
$300,000 |
| On or before October 1, 2016 - |
- |
$1,000,000 |
|
| On or before October 1, 2017 - |
- |
$2,000,000 |
|
| On or before October 1, 2018 - |
- |
$2,500,000 |
In addition, commencing September 1, 2015, the Company must pay an annual advance royalty to the Hunter Exploration Group in the amount of $50,000
The Property is subject to a 2% NSR in favour of the Hunter Exploration Group.
On or before December 31, 2016, and upon completion by Thunderstruck of $1,500,000 in aggregate exploration expenditures, the Company shall have a one-time option to purchase the Hunter Exploration Group's 40% interest in the Property in consideration for 1,000,000 shares of the Company.
The Exchange has been advised that the above transaction has been completed. The full particulars of the Company's Qualifying Transaction are set forth in the Filing Statement dated April 28, 2014, which has been accepted for filing by the Exchange and which is available under the Company's profile on SEDAR.
| Capitalization: |
Unlimited shares with no par value of which |
| 12,400,000 shares are issued and outstanding |
|
| Escrow: |
2,385,300 shares are subject to a 36 month staged release escrow under the CPC escrow agreement |
| Transfer Agent: |
Haywood Securities Inc. |
| Trading Symbol: |
AWE (same symbol as CPC but with .P removed) |
| CUSIP Number: |
88606V104 (UNCHANGED) |
The Company is classified as a 'Mineral Exploration' company.
Reinstated for Trading:
As a result of completing its Qualifying Transaction, effective at the opening, Monday, May 12, 2014, trading will be reinstated in the securities of the Company.
_______________________________________
NEX COMPANIES:
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: May 8, 2014
NEX Company
A Cease Trade Order has been issued by the British Columbia Securities Commission on May 8, 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) |
||||
| SPH.H |
NEX |
Sphere Resources Inc. |
A comparative financial statement |
13/12/31 |
| A Form 51-102F1 Management's Discussion |
13/12/31 |
Upon revocation of the 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.
________________________________________
MONTREUX CAPITAL CORP. ("MRX.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 9, 2014
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 24, 2014 and May 5, 2014:
| Number of Shares: |
6,000,000 shares |
| Purchase Price: |
$0.05 per share |
| Number of Placees: |
19 placees |
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Smoke Rise Holdings Ltd. (Ian Burns) |
Y |
350,000 |
| Regent Mercantile Holdings Ltd. (Ian Burns) |
Y |
225,000 |
| Laurie W. Sadler |
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.
________________________________________
SCEPTRE VENTURES INC. ("SVP.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 9, 2014
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 26, 2014:
| Number of Shares: |
10,000,000 shares |
| Purchase Price: |
$0.05 per share |
| Number of Placees: |
21 placees |
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Erin Chutter |
Y |
2,300,000 |
| Malcolm Burke |
Y |
100,000 |
| Topel Capital Ltd. (Malcolm Burke) |
Y |
100,000 |
| Aggregate Pro-Group Involvement
|
1,250,000 |
| Finder's Fee: |
PI Financial Corp. receives $29,000 and 580,000 non-transferable warrants, each exercisable for one share at a price of $0.10 per share for a 12 month period. |
| PCA Performance Capital Advisors Inc. (Gordon Monk) receives $2,250 and 45,000 non-transferable warrants, each exercisable for one share at a price of $0.10 per share for a 12 month period. |
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.
________________________________________
WANGTON CAPITAL CORP. ("WT.H")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: May 9, 2014
NEX Company
Further to TSX Venture Exchange Bulletins dated December 16, 2013 and March 18, 2014, the Company has terminated its proposed Qualifying Transaction. Please refer to the Company's press release of May 6, 2014 for further details.
Effective at the opening on Monday, May 12, 2014, trading will be reinstated in the securities of the Company.
________________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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