VANCOUVER, May 29, 2014 /CNW/ -
TSX VENTURE COMPANIES:
ALDRIN RESOURCE CORP. ("ALN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 29, 2014
TSX Venture Tier 2 Company
Effective at 6:30 a.m., PST, May 29, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
CANADA FLUORSPAR INC. ("CFI")
BULLETIN TYPE: Halt
BULLETIN DATE: May 28, 2014
TSX Venture Tier 1 Company
Effective at 1:16 p.m., PST, May 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.
________________________________________
CANADA FLUORSPAR INC. ("CFI")
BULLETIN TYPE: Plan of Arrangement, Delist-Offer to Purchase
BULLETIN DATE: May 29, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange (the "Exchange") has accepted for filing documentation pursuant to a court approved arrangement agreement dated April 1, 2014 (the "Agreement") between Canada Fluorspar Inc. (the "Company") and CF Acquisition Inc. (the "Acquirer"), an arm's length party and a wholly-owned subsidiary of Golden Gate Capital, whereby the Acquirer will acquire all of the issued and outstanding shares of the Company. Approval of the Agreement was obtained from shareholders of the Company at a Special Meeting of Shareholders held on May 21, 2014. Pursuant to the terms of the Agreement, shareholders of the Company shall receive $0.35 in cash for each share of the Company held. Accordingly, $38,799,510.05 in cash was paid to shareholders of the Company.
Effective at the open of business Friday, May 30, 2014, the shares of the Company will be delisted from the Exchange. For further information please refer to the Company's information circular dated April 22, 2014 and the company's news releases dated May 29, 2013.
________________________________________
CANADIAN INTERNATIONAL MINERALS INC. ("CIN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Acquisition Agreement dated April 21, 2014 between Canadian International Minerals Inc. (the "Company") and New Moon Minerals Corp., Tyko Resources Inc., and 0928031 B.C. Ltd.(collectively the "Vendors"), whereby the Company has acquired the remaining 75% interest in 33 mineral claims located northeast of La Ronge, Saskatchewan. In consideration, the Company will pay $50,700 and issue a total of 3,000,000 common shares to the Vendors (1,000,000 common shares to each).
________________________________________
CARRUS CAPITAL CORPORATION ("CHQ")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 29, 2014
TSX Venture Tier 2 Company
Effective at the opening on Friday, May 30, 2014, trading in the shares of the Company will resume.
_______________________________________
CERF INCORPORATED ("CFL")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 29, 2014
TSX Venture Tier 1 Company
Effective at 5:00 a.m., PST, May 29, 2014, shares of the Company resumed trading, an announcement having been made.
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COMPLIANCE ENERGY CORPORATION ("CEC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 29, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 5, 2014:
Number of Shares: |
15,200,000 shares |
|
Purchase Price: |
$0.025 per share |
|
Number of Placees: |
14 placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
James O'Rourke |
Y |
3,000,000 |
Aggregate Pro Group Involvement |
||
[1 placee] |
P 2,000,000 |
|
Finder's Fee: |
$38,000 cash payable to Raymond James Ltd. |
|
This private placement is relying on the discretionary waivers of $0.05 minimum pricing requirement announced on April 7, 2014 by way of Exchange Bulletin – Notice to Issuers.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly.
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DIAMEDICA INC. ("DMA")
BULLETIN TYPE: Prospectus-Unit Offering
BULLETIN DATE: May 29, 2014
TSX Venture Tier 1 Company
Effective May 29, 2014, the Company's Short Form Prospectus (the "Prospectus) dated May 20, 2014 was filed with and accepted by TSX Venture Exchange (the "Exchange") The Prospectus was filed with and receipted by the British Columbia, Alberta, Manitoba and Ontario Securities Commission on May 20, 2014, pursuant to the provisions of the respective Securities Acts.
TSX Venture Exchange has been advised that closing occurred on May 27, 2014 for gross proceeds of $2,169,440 (no over-allotment option exercised to date).
Agent: |
Paradigm Capital Inc. |
Offering: |
3,099,200 units ("Units"). Each Unit consisting of one share and one half of one common share purchase warrant. |
Unit Price: |
$0.70 per Unit |
Warrant Exercise Price/Term: |
Each whole warrant ("Warrant") entitles the holder to acquire one additional common share of the Company at a price of $1.00 for a period of two years. |
Agent's Fee: |
A fee equal to $151,860 plus 216,944 warrants ("Agent's Warrants") has been paid to the Agent. Each Agent's Warrant is exercisable into one common share at a price of $0.70 for a period of eighteen months. |
Over-Allotment Option: |
The Agent has been granted an over-allotment option of the shares in connection with this offering. The Agent was granted an option to arrange for the sale of up to an additional 1,071,435 units (being 15% of that number of units sold pursuant to the offering), at any time up to 30 days after the closing of the offering. The above noted Agent's Fee is also applicable to the Over-Allotment Option. |
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GALANTAS GOLD CORPORATION ("GAL")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 15,125,140 shares to settle outstanding debt for $1,389,150.
Number of Creditors: |
5 Creditors |
|||
Insider=Y / |
Amount |
Deemed Price |
||
Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
Roland Phelps |
Y |
$1,319,054 |
$0.0918 |
14,365,120 |
Leo O'Shaughnessy |
Y |
$ 29,429 |
$0.0918 |
320,500 |
For further information, please refer to the Company's news releases dated May 8, 2014.
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GOLDEN PREDATOR MINING CORP. ("GPY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 17, 2013 and closed on April 21, 2014:
Number of Shares: |
6,428,571 common shares ("Shares") |
|
357,143 common shares issued on a flow-through basis ("FT Shares") |
||
Purchase Price: |
$0.28 per Share |
|
$0.28 per FT Share |
||
Warrants: |
None |
|
Number of Placees: |
6 placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Resource Re Ltd. |
Y |
6,428,571 Shares |
Greg Hayes |
Y |
261,547 FT Shares |
Finder's Fee: |
None |
|
________________________________________
GOLDEN PREDATOR MINING CORP. ("GPY")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant an Amended and Restated Business Combination Agreement (the "Agreement") between the Company, Redtail Metals Corp. and Americas Bullion Royalty Corp. ("AMB"), whereby the Company will acquire the issued and outstanding shares of AMB. AMB is going through a reorganization following which AMB's sole assets will consist of the balance of AMB's Yukon mineral properties, including the Brewery Creek Project and AMB's accumulated tax losses for a purchase price equal to $5,250,000. The Company shall also grant to AMB a royalty interest in each of its properties held at closing.
In consideration, the Company will issue $550,000 worth of common shares of the Company ("Shares") at a deemed price of $0.35 per Share and a promissory note in the principal amount of $4,700,000 bearing interest at 6% per annum and payable over a period of three years.
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Resource Holdings Ltd. |
Y |
1,571,429 |
For further information please refer to the Company's press releases dated December 17, 2013,
February 24, 2014 and April 21, 2014.
________________________________________
GOLDEN SHARE MINING CORPORATION ("GSH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement:
Number of Shares: |
4,444,444 common shares |
|
Purchase Price: |
$0.09 per common share |
|
Warrants: |
2,222,222 warrants to purchase 2,222,222 common shares |
|
Warrant Exercise Price: |
$0.15 per share for a period of 24 months |
|
Number of Placees: |
1 placee |
|
Insider / Pro Group Participation: |
||
Insider = Y / |
Number |
|
Name |
ProGroup = P |
of shares |
Beijing Donia Resources Co., Ltd. |
Y |
4,444,444 |
The Company has issued a news release dated May 21, 2014, announcing the closing of the Private Placement.
CORPORATION MINIÈRE GOLDEN SHARE (« GSH »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 29 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 :
Nombre d'actions : |
4 444 444 actions ordinaires |
|
Prix : |
0,09 $ par action ordinaire |
|
Bons de souscription : |
2 222 222 bons de souscription permettant de souscrire à 2 222 222 |
|
actions ordinaires |
||
Prix d'exercice des bons : |
0,15 $ par action pour une période de 24 mois |
|
Nombre de souscripteurs : |
1 souscripteur |
|
Participation Initié / Groupe Pro : |
||
Initié = Y / |
Nombre |
|
Nom |
Groupe Pro = P |
d'actions |
Beijing Donia Resources Co., Ltd. |
Y |
4 444 444 |
La société a émis un communiqué de presse daté du 21 mai 2014 annonçant la clôture du placement privé.
________________________________________
HINTERLAND METALS INC. ("HMI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to a Property Option Agreement dated May 1, 2014 whereby the Company has the option to earn a 100% interest in the Williams Brook property consisting of three claims (the "Property") located 90 kilometers west of Bathurst, New Brunswick.
The Company is required to issue a total of 1,000,000 common shares, pay an aggregate of $50,000 in cash and pay an annual cash bonus equivalent to 5% of the exploration costs incurred on the property, up to a maximum of $50,000, over a period of three years.
The Property is subject to a Net Smelter Royalty of 2.5%, of which 1% may be repurchased by the Company for $1,000,000 and the Company will have the right of first refusal on the remaining 1%.
For further information, please refer to the Company's press release dated May 1, 2014.
HINTERLAND METALS INC. (« HMI »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 29 mai 2014
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents en vertu d'une convention d'option d'achat de propriété datée du 1 mai 2014 selon laquelle la société a l'option d'acquérir un intérêt de 100 % dans la propriété Williams Brook constituée de trois claims (la « propriété ») située 90 kilomètres à l'ouest de Bathurst, Nouveau-Brunswick.
La société doit émettre un total de 1,000 000 d'actions ordinaires, effectuer des paiements en espèces totalisant 50 000 $ et payer un bonus annuel en espèces équivalent à 5 % des coûts d'exploration sur la propriété, jusqu'à un maximum de 50 000 $ annuellement, sur une période de trois.
La propriété est sujette à une redevance « NSR » de 2,5 % dont 1 % est rachetable par la société pour une somme de 1 000 000 $ et la société aura un droit de premier refus sur le 1 % restant.
Pour plus d'information, veuillez vous référer au communiqué de presse émis par la société le 1 mai 2014.
____________________________________
INCA ONE RESOURCES CORP. ("IO")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: May 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 16, 2014:
Convertible Debenture: |
$81,250 (being the 25% convertible portion of the $325,000 of debentures issued) |
Conversion Price: |
Convertible into up to 650,000 shares at a conversion price of $0.125. |
Maturity date: |
Five years from date of closing |
Number of Placees: |
1 placee |
Finder's Fee: |
$13,000 payable to SC Strategy Consult AG (Bjorn C. Paffrath) |
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.
________________________________________
KAPUSKASING GOLD CORP. ("KAP")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Private Placement-Non-Brokered
BULLETIN DATE: May 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing, two property acquisitions as follows:
Pursuant to a Mineral Property Acquisition Agreement dated February 27, 2014 between the Company and Mike Tremblay, Jacques Robert, and Randall Salo (the "Vendors"); the Company will acquire a 100% interest in the Borden North Property located in Ontario from the Vendors for by issuing 600,000 common shares at a deemed price of $0.05 per share to the Vendors.
Pursuant to a Mineral Property Acquisition Agreement dated February 25, 2014 between the Company and Mike Tremblay, Jon Armes, Robert Duess, Darin Wagner, and Garry Clark (the "Vendors"); the Company will acquire a 100% interest in the Rollo Property located in Ontario from the Vendors for by issuing 1,000,000 common shares at a deemed price of $0.05 per share to the Vendors.
For each property above, the Vendors will jointly retain a 2% NSR but the Company can acquire 50% of the NSR for a purchase price of $1,000,000 for the Borden North Property and $1,665,000 for the Rollo Property payable pro rata to the Vendors. In addition, the Vendors will be entitled to bonus shares equalling $600,000 for the Borden North Property and $1,000,000 for the Rollo Property, in value at the time that the Company releases a 43-101 compliant technical report, measured and indicated resource of 2 million ounces of gold or more within claims of the Borden North and Rollo properties.
For further information, please refer to the Company's news releases dated February 28, 2014 and May 29, 2014.
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Garry Clark |
Y |
200,000 |
CASH |
SHARES |
WORK EXPENDITURES |
|
Borden North Property |
$0 |
600,000 |
$74,000 |
Rollo Property |
$0 |
1,000,000 |
$104,000 |
In addition, the TSX Venture Exchange has also accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced May 7, 2014:
Number of Shares: |
1,450,466 shares |
|
Purchase Price: |
$0.15 per share |
|
Warrants: |
725,233 share purchase warrants to purchase 725,233 shares |
|
Warrant Exercise Price: |
$0.20 for a two year period |
|
Number of Placees: |
8 placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Aggregate Pro Group Involvement |
||
[1 placee] |
P |
100,000 |
Finder's Fee: |
$6,825 payable to Raymond James Ltd., with 45,500 warrants |
|
exercisable at $0.15 for two years |
||
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.
________________________________________
MADALENA ENERGY INC. ("MVN")
BULLETIN TYPE: Halt
BULLETIN DATE: May 29, 2014
TSX Venture Tier 2 Company
Effective at 12:15 p.m., PST, May 29, 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.
________________________________________
MEGA PRECIOUS METALS INC. ("MGP")
BULLETIN TYPE: Halt
BULLETIN DATE: May 29, 2014
TSX Venture Tier 1 Company
Effective at 6:29 a.m., PST, May 29, 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.
________________________________________
MEGA PRECIOUS METALS INC. ("MGP")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 29, 2014
TSX Venture Tier 1 Company
Effective at 8:45 a.m., PST, May 29, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
MICROPLANET TECHNOLOGY CORP. ("MP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 29, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletin dated May 28, 2014, the following information is corrected:
Warrants: |
50,398,310 share purchase warrants to purchase 50,398,310 shares |
All other details remain unchanged.
________________________________________
RED MOON POTASH INC. ("RMK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 26, 2014:
Number of Shares: |
5,000,000 shares |
||
Purchase Price: |
$0.10 per unit |
||
Warrants: |
2,500,000 share purchase warrants to purchase 2,500,000 shares |
||
Warrant Exercise Price: |
$0.25 for a period of two years |
||
Number of Placees: |
1 placee |
||
Insider / Pro Group Participation: |
|||
Insider=Y / |
|||
Name |
ProGroup=P |
# of Units |
|
Vulcan Minerals |
Y |
5,000,000 |
|
No Finder's Fee |
|||
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.
________________________________________
ROKMASTER RESOURCES CORP. ("RKR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 29, 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: |
8,500,000 shares |
|
Purchase Price: |
$0.10 per share |
|
Warrants: |
8,500,000 share purchase warrants to purchase 8,500,000 shares |
|
Warrant Exercise Price: |
$0.20 for a two year period, subject to an acceleration provision which comes |
|
into effect when the trading price of the Company's |
||
shares closes at or above $0.30 per share during any 20 consecutive trading |
||
day period commencing four months plus one day after the date of issuance. |
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In such event, the Company will give notice that the warrants will expiry |
||
30 days from the date of notice. |
||
Number of Placees: |
28 placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
John Mirko |
Y |
1,353,750 |
Manuel Delgado Nachtigall |
Y |
500,000 |
Aggregate Pro Group Involvement |
||
[5 placees] |
P |
1,150,000 |
Finders' Fees: |
Jordan Capital Markets Inc. receives $2,890 and 28,900 non-transferable warrants. |
|
Haywood Securities Inc. receives $16,000 and 160,000 non-transferable warrants. |
||
Dundee Securities Ltd. receives $2,400 and 24,000 non-transferable warrants. |
||
Jones, Gable & Company Limited receives $320 and 3,200 non-transferable warrants. |
||
Richardson GMP Ltd. receives $2,000 and 20,000 non-transferable warrants. |
||
Canaccord Genuity Corp. receives $6,200 and 24,000 non-transferable warrants. |
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- Each warrant is exercisable at a price of $0.20 per share for a two year period |
||
subject to the acceleration provision above. |
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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.]
________________________________________
SEAIR INC. ("SDS")
BULLETIN TYPE: Convertible Debenture, Amendment
BULLETIN DATE: May 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the amendment of the following convertible debenture:
Convertible Debenture: |
$6,086,947.46 |
|
Amended Convertible Debenture Terms: |
||
a) |
Permit new convertible debentures to be issued under a private placement to rank pari passu with the Debentures; |
|
b) |
Remove security restrictions on the assets comprising the Company's septic division to allow for their sale in addition to their rental and to provide for the division of any proceeds resulting from such sales; and |
|
c) |
Provide the Company with an option to pay interest payable on the Debentures in common shares of the Company in lieu of cash. |
|
All other terms of the convertible debenture remains unchanged.
The convertible debenture was issued pursuant to a private placement which was originally accepted for filing by the Exchange effective November 27, 2012
For further information, please refer to the Company's press releases dated April 8, 2014 and May 14, 2014.
________________________________________
TOLIMA GOLD INC. ("TOM")
BULLETIN TYPE: Warrant Price Amendment
BULLETIN DATE: May 29, 2014
TSX Venture Tier 2 Company
Further to bulletin dated December 11, 2013, TSX Venture Exchange has consented to the amendment of the exercise price of the following warrants:
Private Placement:
# of Warrants: |
18,749,999 |
Expiry Date of Warrants: |
March 23, 2016 |
Original Exercise Price of Warrants: |
$0.60 |
New Exercise Price of Warrants: |
$0.15 |
These warrants were issued when the company was listed on NEX pursuant to a private placement of 37,500,000 shares with 18,749,999 share purchase warrants attached.
________________________________________
TRIOX LIMITED ("TTL.P")
BULLETIN TYPE: Notice – QT Not Completed – Approaching 24 Months of Listing
BULLETIN DATE: May 29, 2014
TSX Venture Tier 2 Company
The shares of the Company were listed on TSX Venture Exchange on June 29, 2012. The Company, which is classified as a Capital Pool Company ('CPC'), is required to complete a Qualifying Transaction ('QT') within 24 months of its date of listing, in accordance with Exchange Policy 2.4.
The records of the Exchange indicate that the Company has not yet completed a QT. If the Company fails to complete a QT by its 24-month anniversary date of July 2, 2014, the Company's trading status may be changed to a halt or suspension without further notice, in accordance with Exchange Policy 2.4, Section 14.6.
________________________________________
TSODILO RESOURCES LIMITED ("TSD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 27, 2014:
Number of Shares: |
306,183 shares |
|
Purchase Price: |
CDN$1.28 per share |
|
Warrants: |
306,183 share purchase warrants to purchase 306,183 shares |
|
Warrant Exercise Price: |
USD$1.40 for a two year period |
|
Number of Placees: |
3 placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
David Cushing |
Y |
213,140 |
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.
________________________________________
WEST CIRQUE RESOURCES LTD. ("WCQ")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Correction
BULLETIN DATE: May 29, 2014
TSX Venture Tier 2 Company
Further to the bulletin dated May 28, 2014, the bulletin should have read as follows:
TSX Venture Exchange has accepted for expedited filing documentation of an Agreement dated May 21, 2014 between West Cirque Resources Ltd. (the "Company") and Francis LaRoche and Platinum Belt Resources Inc. (collectively, the "Vendors") whereby the Company may acquire a 100% right, title and interest in certain mineral claims located in the Nicola Mining Division, British Columbia (The "Property").
The total consideration payable to the Vendors consists of $15,000 cash and 80,000 common shares of the Company.
________________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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