VANCOUVER, May 15, 2014 /CNW/ -
TSX VENTURE COMPANIES:
AM GOLD INC. ("AMG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 15, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 12, 2014, March 20, 2014 and April 24, 2014:
| Number of Shares: |
2,190,000 flow-through shares |
|
| 4,810,000 non-flow-through shares |
||
| Purchase Price: |
$0.0525 per flow-through and non-flow-through share |
|
| Number of Placees: |
7 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Giovanni Fiorino |
Y |
1,440,000 |
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.
________________________________________
BEAR LAKE GOLD LTD. ("BLG")
BULLETIN TYPE: Halt
BULLETIN DATE: May 15, 2014
TSX Venture Tier 1 Company
Effective at 5:07 a.m., PST, May 15, 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.
________________________________________
DEFIANCE SILVER CORP. ("DEF")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 15, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,991,920 shares to settle outstanding debt for $199,192.
| Number of Creditors: |
5 Creditors |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| 872599 BC Ltd. (Darrell Radar) |
Y |
$36,605 |
$0.10 |
366,050 |
| Winfield Consulting Ltd. |
||||
| (Bruce Winfield) |
Y |
$70,625 |
$0.10 |
706,250 |
| Matthew Kavanagh |
Y |
$9,000 |
$0.10 |
90,000 |
| Richard Tschauder |
Y |
$22,986 |
$0.10 |
229,860 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
DV RESOURCES LTD. ("DLV")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 15, 2014
TSX Venture Tier 2 Company
Effective at 9:00 a.m., PST, May 15, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
ESTRELLA GOLD CORPORATION ("EST")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 15, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 29, 2014, May 7, 2014 and May 13, 2014:
| Number of Shares: |
12,000,000 shares |
|
| Purchase Price: |
$0.05 per share |
|
| Warrants: |
12,000,000 share purchase warrants to purchase 12,000,000 shares |
|
| Warrant Exercise Price: |
$0.10 for a three year period |
|
| Number of Placees: |
22 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Pacific Opportunity Capital Ltd. |
||
| (Mark T. Brown) |
Y |
2,310,000 |
| Mark T. Brown |
Y |
100,000 |
| Jason Weber |
Y |
100,000 |
| Aggregate Pro Group Involvement |
||
| [1 placee] |
P |
100,000 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. [Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.]
________________________________________
GOLDEN SUN CAPITAL INC. ("GST.P")
BULLETIN TYPE: Halt
BULLETIN DATE: May 15, 2014
TSX Venture Tier 2 Company
Effective at 10:02 a.m., PST, May 15, 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.
________________________________________
GOLD ROYALTIES CORPORATION ("GRO")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 15, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a Purchase Agreement dated April 25, 2014 (the "Agreement") between the Company and an arm's length party, Murgor Resources Inc. (the "Vendor"), whereby the Company will acquire a portfolio of five net smelter return ("NSR") royalties on Quebec based gold projects, as detailed in the Company's April 7, 2014 press release, from the Vendor. In consideration, the Company will issue 328,948 common shares of the Company ("Shares") at a deemed price of $0.38 per Share to the Vendor.
For further information, please see the Company's press release dated May 1, 2014.
________________________________________
GREENSTAR AGRICULTURAL CORPORATION ("GRE")
BULLETIN TYPE: Halt
BULLETIN DATE: May 15, 2014
TSX Venture Tier 1 Company
Effective at 11:00 a.m., PST, May 15, 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.
________________________________________
HEMISPHERE ENERGY CORPORATION ("HME")
BULLETIN TYPE: Prospectus-Share Offering
BULLETIN DATE: May 15, 2014
TSX Venture Tier 1 Company
Effective May 7, 2014, the Company's Short Form Prospectus (the 'Prospectus') dated May 7, 2014, was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the British Columbia and Ontario Securities Commissions, pursuant to the provisions of the British Columbia and Ontario Securities Acts.
The Prospectus was filed under Multilateral Instrument 11-102 Passport System in Alberta, Saskatchewan and New Brunswick. A receipt for the Prospectus is deemed to be issued by the regulator in these jurisdictions, if the conditions of the Instrument have been satisfied.
TSX Venture Exchange has been advised that closing of the prospectus offering (the 'Offering') occurred on May 14, 2014, for gross proceeds of $10,000,125. The over-allotment option has not been exercised at this time.
Please refer to the news release issued by the Company on May 14, 2014.
| Underwriters: |
Canaccord Genuity Corp., Dundee Securities Ltd., Industrial Alliance Securities Inc., Integral Wealth Limited and PI Financial Corp. (collectively, the "Underwriters") |
| Offering: |
13,333,500 shares |
| Share Price: |
$0.75 per share |
| Underwriters' Fee: |
The Underwriters received a cash commission equal to 7% of the gross proceeds of the Offering. |
________________________________________
HIGHLAND COPPER COMPANY INC. ("HI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 15, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an asset purchase agreement (the "Agreement") dated February 28, 2014 between Highland Copper Company Inc. (the "Company"), its wholly owned subsidiary, Upper Peninsula Copper Holdings Inc. and Copper Range Company ("CRC") a subsidiary of First Quantum Minerals Ltd. The Company can acquire all the rights, title and interest in the White Pine Copper Project ("WP Assets"), Michigan, from CRC. The WP Assets comprise a number of mineral rights and surface rights covering an area of approximately 11,000 hectares.
The Company has completed the obligations for an interim closing by issuing 3,000,000 common shares in the Company to CRC on May 13, 2014. During the interim period, CRC will retain all rights, title and interest in the WP Assets and the Company will have the right to access all lands and perform exploration and other activities associated with the potential development of a mine on the WP Assets.
Final closing will take place by December 31, 2015 or any such other date as designated by the Company and CRC. At the Final Closing, CRC will transfer its rights, title and interest in the WP Assets to the Company providing: (i) the Company has arranged for the release of CRC's obligations and financial assurance bond associated with the remediation and closure plan of the WP Assets; or (ii) the Company and CRC agree in writing to another method of addressing the financial assurance requirements associated with remediation and closure of the WP Assets that is acceptable to applicable government authorities.
Upon completion of a feasibility study and receipt of all necessary permits for the development of a mine at White Pine, the Company will also pay CRC an amount equal to US$0.005 for the first 1 billion pounds of proven and probable reserves of copper, and US$0.0025 for each additional pound of proven and proven reserves in copper, payable in cash or in common shares of the Company at the option of CRC.
CRC will continue to fund and be responsible for the remediation and closure plan for the Property up to a maximum of US$2 million.
The transaction is an Arm's-length transaction.
Further information may be found in the Company's news releases dated November 19, 2013, March 5, 2014 and May 13, 2014.
________________________________________
ILOOKABOUT CORP. ("ILA")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 15, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 99,482 shares to settle outstanding debt for $19,897.
| Number of Creditors: |
12 Creditors |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| John C. Drake |
Y |
$2,926.02 |
0.20 |
14,630 |
| Robin Dyson |
Y |
$ 292.61 |
0.20 |
1,463 |
| D. Mark Sheppard |
Y |
$ 292.61 |
0.20 |
1,463 |
| Jeff Young |
Y |
$ 658.35 |
0.20 |
3,291 |
| Jeff Hack |
Y |
$ 658.35 |
0.20 |
3,291 |
| Ontario 2315410 Inc. |
||||
| (Peter Hyde) |
Y |
$2,633.43 |
0.20 |
13,167 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
INFORM EXPLORATION CORP. ("IX")
BULLETIN TYPE: Halt
BULLETIN DATE: May 15, 2014
TSX Venture Tier 2 Company
Effective at 5:45 a.m., PST, May 15, 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.
________________________________________
INFORM EXPLORATION CORP. ("IX")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: May 15, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated May 15, 2014, effective at 10:35 a.m., May 15, 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.
________________________________________
JEMI FIBRE CORP. ("JFI")
BULLETIN TYPE: Resume Trading, Reviewable Transaction-Announced
BULLETIN DATE: May 15, 2014
TSX Venture Tier 2 Company
Effective at the open on Friday, May 16, 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 Reviewable Transaction relates to the acquisitions as referenced in the Company's news release dated February 13, 2014.
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.
________________________________________
LINCOLN MINING CORPORATION ("LMG")
BULLETIN TYPE: Consolidation
BULLETIN DATE: May 15, 2014
TSX Venture Tier 2 Company
Pursuant to a director's resolution, 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, May 16, 2014, the common shares of Lincoln Mining Corporation will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'mineral exploration and development' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 15,886,020 |
shares are issued and outstanding |
|
| Escrow |
nil |
shares |
| Transfer Agent: |
Olympia Trust Company |
|
| Trading Symbol: |
LMG |
(UNCHANGED) |
| CUSIP Number: |
534018205 |
(new) |
________________________________________
MNP PETROLEUM CORPORATION ("MNP")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: May 15, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has been advised by the Company that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated May 14, 2014, it may repurchase for return to treasury up to 8,296,614 common shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange or other recognized marketplaces during the period May 19, 2014 to May 18, 2015. Purchases pursuant to the bid will be made by Jennings Capital Inc. (David Lawson) on behalf of the Company.
________________________________________
NOBEL REAL ESTATE INVESTMENT TRUST ("NEL.UN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 15, 2014
TSX Venture Tier 2 Company
Effective at 9:00 a.m., PST, May 15, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
PACIFIC PARADYM ENERGY INC. ("PPE")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 15, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 14,085,856 to settle outstanding debt of $704,292.81.
| Number of Creditors: |
9 Creditors |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Myntek Management Services Inc. |
||||
| (Harry Chew, Ellen Chew) |
Y |
$56,000.00 |
$0.05 |
1,120,000 |
| Wynson Management Services Ltd. |
||||
| (Sonny Chew, Winnie Chew) |
Y |
152,600.00 |
" |
3,052,000 |
| Sterling Enterprise Consulting |
||||
| (Trent Hunter) |
Y |
161,100.00 |
" |
3,222,000 |
| Ellen Chew |
Y |
129,331.52 |
" |
2,586,630 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
RANAZ CORPORATION ("RNZ")
BULLETIN TYPE: Halt
BULLETIN DATE: May 15, 2014
TSX Venture Tier 2 Company
Effective at 12:21 p.m., PST, May 15, 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.
________________________________________
SATORI RESOURCES INC. ("BUD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 15, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a Letter of Intent (the "LOI") dated April 30, 2014 between Jourdan Resources Inc. (TSXV: JOR) (the "Optioner") and Satori Resources Inc. (the "Company"). Pursuant to the LOI, the Company may acquire a 50% interest in the Optioner's Picnic Phosphate Property which consists of 21 claims located in Port Cartier, Quebec.
In consideration the Company shall pay an aggregate of $10,000 plus issue up to 1,000,000 common shares and incur exploration expenditures in the amount of $600,000 within a three year period. In addition, the Company will complete a private placement in the Optioner for gross proceeds of $25,000.
For more information, refer to the Company's news release dated April 30, 2014.
________________________________________
SPHERE 3D CORPORATION ("ANY")
BULLETIN TYPE: Halt
BULLETIN DATE: May 15, 2014
TSX Venture Tier 2 Company
Effective at 12:38 p.m., PST, May 15, 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.
________________________________________
SPIRIT BEAR CAPITAL CORP. ("SBG.P")
BULLETIN TYPE: Halt
BULLETIN DATE: May 15, 2014
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, May 15, 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.
________________________________________
SPIRIT BEAR CAPITAL CORP. ("SBG.P")
BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction within 24 months of Listing
BULLETIN DATE: May 15, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated April 14, 2014, effective at the open, Friday, May 16, 2014 trading in the shares of the Company will be suspended, the Company having failed to complete a Qualifying Transaction within 24 months of its listing.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
_______________________________________
STRIKE MINERALS INC. ("STK.H")
[formerly Strike Minerals Inc. ("STK")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: May 15, 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, Friday, May 16, 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 May 16, 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 STK to STK.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.
Further to the TSX Venture Exchange Bulletin dated February 12, 2014 trading in the Company's securities will remain suspended.
_______________________________________
SUNSET PACIFIC PETROLEUM LTD. ("SPK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 15, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 20, 2014 and May 13, 2014:
| Number of Shares: |
2,857,142 shares |
| Purchase Price: |
$0.105 per share |
| Warrants: |
2,857,142 share purchase warrants to purchase 2,857,142 shares |
| Warrant Exercise Price: |
$0.14 for a two year period |
| Number of Placees: |
2 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.]
________________________________________
VISCOUNT MINING CORP. ("VML")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: May 15, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated April 16, 2014, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission dated April 16, 2014 has been revoked.
Effective at the opening, Friday May 16, 2014 trading will be reinstated in the securities of the Company (CUSIP 92834X 10 6).
_______________________________________
WEST POINT RESOURCES INC. ("WPO")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: May 15, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated May 14, 2014, effective at 8:00 a.m., May 15, 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.
________________________________________
NEX COMPANY:
SABER CAPITAL CORP. ("SAB.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 15, 2014
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to second and final tranche of a Non-Brokered Private Placement announced January 28, 2014 and March 21, 2014:
| Number of Shares: |
1,100,000 shares |
| Purchase Price: |
$0.05 per share |
| Number of Placees: |
2 placees |
| Finder's Fee: |
Access Capital Corp. (Rob Anderson) receives 77,000 shares |
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.
________________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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