VANCOUVER, June 2, 2014 /CNW/ -
TSX VENTURE COMPANIES:
ANTHEM RESOURCES INC. ("AYN")
BULLETIN TYPE: Halt
BULLETIN DATE: June 2, 2014
TSX Venture Tier 2 Company
Effective at 5:54 a.m., PST, June 2, 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.
________________________________________
ANTHEM RESOURCES INC. ("AYN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 2, 2014
TSX Venture Tier 2 Company
Effective at 7:30 a.m., PST, June 2, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
ATACAMA PACIFIC GOLD CORPORATION ("ATM")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 2, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 350,000 shares to settle outstanding debt for $401,511.
| Number of Creditors: |
4 Creditors |
|||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| SBX Consultores Limitada |
||||
| (Albrecht Georg Schneider) |
Y |
$210,793 |
$1.15 |
183,750 |
For further information, please refer to the Company's news releases dated May 15, 2014.
________________________________________
BAYFIELD VENTURES CORP. ("BYV")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: June 2, 2014
TSX Venture Tier 2 Company
Further to the bulletin dated May 21, 2014 with respect to the third and final tranche of the private placement TSX Venture Exchange has been advised that the private placement has been revised from 716,000 non-flow-through units to 696,000 non-flow-through units and the number of placees has been revised from 19 to 20. The finders' fees are revised as follows:
| Finders' Fees: |
The amount payable to Raymond James is reduced from $3,850.00 to $2,800 and the number of warrants increased from 15,400 to 112,000 share purchase warrants that are exercisable into common shares at $0.255 per share for a two year period. |
| Jennings Capital Inc. will also receive a finder's fee of $700.00 and 2,800 share purchase warrants that are exercisable into common shares at $0.255 per share for a two year period. |
|
The rest of the bulletin remains unchanged.
________________________________________
BSM TECHNOLOGIES INC. ("GPS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 2, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a Membership Interest Purchase Agreement dated April 30, 2014 (the "Agreement"), between the Company and an arm's length party (the "Vendor). Pursuant to the Agreement, the Company has agreed to acquire 100% membership interest in JMM Management Group, LLC ("JMM"), an Illinois limited liability company engaged in the business of utilizing proprietary software solutions which assist in monitoring storage tanks while managing all associated compliance requirements. In consideration, the Company paid an aggregate of USD$4,500,000 to the Vendor, including USD$2,000,000 in cash at closing, subject to closing adjustments, and an amount not to exceed USD$2,500,000 in contingent earn-out payments based on JMM meeting certain milestones and earn-out provisions pursuant to the Agreement and payable over five years from the date of closing, comprised of: (i) up to USD$1,000,000 payable in cash; and (ii) up to USD$1,500,000 payable through the issuance of up to 699,575 common shares of the Company at a deemed price of CAD$2.35 per Share (the "Milestone Shares"). Under terms of the Agreement, the Milestone Shares must be placed in escrow pursuant to a voluntary escrow agreement. If a certain conditions under the Agreement are not met, the earn-out payments assigned to that milestone will be forfeited.
Insider / Pro Group Participation: None
For further information, please see the Company's press release dated May 15, 2014.
________________________________________
CRAILAR TECHNOLOGIES INC. ("CL")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 2, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 742,355 common shares and 371,180 share purchase warrants at a deemed price of US$1.25 per unit to settle outstanding debt for US$927,944.32.
| Number of Creditors: |
13 Creditors |
| Warrants: |
371,180 share purchase warrants to purchase 371,180 shares |
| Warrant Exercise Price: |
US$1.75 for a two-year period |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
EDGEFRONT REAL ESTATE INVESTMENT TRUST ("ED.UN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 2, 2014
TSX Venture Tier 1 Company
Effective at 5:00 a.m., PST, June 2, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
GUYANA FRONTIER MINING CORP. ("GYG")
BULLETIN TYPE: Halt
BULLETIN DATE: June 2, 2014
TSX Venture Tier 2 Company
Effective at 8:38 a.m., PST, June 2, 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.
________________________________________
KLONDIKE SILVER CORP. ("KS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 2, 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 March 4, 2014 and April 29, 2014:
| Number of Shares: |
2,590,000 non-flow through shares |
|
| Purchase Price: |
$0.05 per non-flow through share |
|
| Warrants: |
2,590,000 share purchase warrants to purchase 2,590,000 shares |
|
| Warrant Exercise Price: |
$0.07 for a four year period |
|
| Number of Placees: |
15 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Hastings Management Corp. |
||
| (Richard Hughes) |
Y |
500,000 NFT |
| Mark Luchinski |
Y |
200,000 NFT |
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.
________________________________________
MCW ENERGY GROUP LIMITED ("MCW")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 2, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 3,266,927 common shares at a deemed value of CDN$0.79 per share to settle outstanding debt for US$2,354,166.
| Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
OVID CAPITAL VENTURES INC. ("OCA.P")
BULLETIN TYPE: CPC-Filing Statement, Remain Halted
BULLETIN DATE: June 2, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's CPC Filing Statement dated May 30, 2014, for the purpose of filing on SEDAR.
Further to TSX Venture Exchange bulletin dated April 19, 2013, trading in the shares of the Company will remain halted.
ENTREPRISES OVID CAPITAL INC. (« OCA.P »)
TYPE DE BULLETIN : SCD – Déclaration de changement d'inscription, Arrêt maintenu
DATE DU BULLETIN : Le 2 juin 2014
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt par la société, d'une déclaration de changement d'inscription de SCD datée du 30 mai 2014, pour les fins de dépôt sur SEDAR.
Suite au bulletin de Bourse de croissance TSX daté du 19 avril 2013, la négociation sur les titres de la société demeurera arrêtée.
______________________________________
PORTO ENERGY CORP. ("PEC")
BULLETIN TYPE: Suspend
BULLETIN DATE: June 2, 2014
TSX Venture Tier 2 Company
Further to the Exchange bulletin and the Company's press release dated May 30, 2014, effective at the opening, Tuesday, June 3, 2014, trading in the shares of the Company will be suspended for failure to maintain Exchange requirements, the Company having less than 3 Directors.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
________________________________________
PRECIPITATE GOLD CORP. ("PRG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 2, 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: |
6,953,333 shares |
|
| Purchase Price: |
$0.15 per share |
|
| Warrants: |
6,953,333 share purchase warrants to purchase 6,953,333 shares |
|
| Warrant Exercise Price: |
$0.25 for a one year period, subject to an accelerated expiry |
|
| Number of Placees: |
35 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Jeffrey R. Wilson |
Y |
65,303 |
| Michael Moore |
Y |
70,000 |
| Aggregate Pro Group Involvement |
||
| [9 placees] |
P |
1,240,000 |
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.
________________________________________
RADIENT TECHNOLOGIES INC. ("RTI")
(formerly Madison Capital Corporation ('MDC.P")
BULLETIN TYPE: Resume Trading, Qualifying Transaction-Completed/New Symbol, Private Placement-Brokered, Name Change and Consolidation, Correction
BULLETIN DATE: June 2, 2014
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated May 30, 2014, the Company should have been "Reinstated for Trading" and not Resume Trading.
All other terms and details in the bulletin remain unchanged.
________________________________________
RUN OF RIVER POWER INC. ("ROR")
BULLETIN TYPE: Halt
BULLETIN DATE: June 2, 2014
TSX Venture Tier 1 Company
Effective at 5:06 a.m., PST, June 2, 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.
________________________________________
SPARTAN ENERGY CORP. ("SPE")
BULLETIN TYPE: Halt
BULLETIN DATE: June 2, 2014
TSX Venture Tier 1 Company
Effective at 5:54 a.m., PST, June 2, 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.
________________________________________
SPARTAN ENERGY CORP. ("SPE")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 2, 2014
TSX Venture Tier 1 Company
Effective at 6:10 a.m., PST, June 2, 2014, shares of the Company resumed trading which was halted in error.
________________________________________
TLO CAPITAL CORP. ("TEE.P")
BULLETIN TYPE: Halt
BULLETIN DATE: June 2, 2014
TSX Venture Tier 2 Company
Effective at 12:10 p.m. PST, June 2, 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.
________________________________________
TUMI RESOURCES LIMITED ("TM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 2, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange (the 'Exchange') has accepted for filing documentation pertaining to an option agreement (the 'Agreement'), dated May 2, 2014, among Tumi Resources Limited (the 'Company'), GoldTech, Inc., and Dragon Resources LLC (collectively, the 'Vendors'). Pursuant to the Agreement, the Company may earn a 100% interest in the Ajax Gold Prospect (the 'Property'), located in Montana.
Consideration for the 100% interest in the Property is as follows:
| CASH |
SHARES |
EXPENDITURES |
|||||
| On Exchange Approval |
US$75,000 |
0 |
0 |
||||
| On or before December 2, 2014 |
US$75,000 |
0 |
0 |
||||
| On or before June 2, 2015 |
US$75,000 |
0 |
0 |
||||
| On or before June 2, 2016 |
US$75,000 |
0 |
0 |
||||
| On or before June 2, 2017 |
US$75,000 |
0 |
0 |
||||
| On or before June 2, 2018 |
US$100,000 |
0 |
0 |
||||
| On or before June 2, 2019 |
US$150,000 |
0 |
0 |
||||
| On or before June 2, 2020 |
US$200,000 |
0 |
0 |
||||
In terms of the Agreement, an additional payment is due to the Vendors on or before June 2, 2020, calculated as US$5.00 per ounce of proven reserves of gold on the Property, as verified by a NI 43-101 report, to a maximum of US$10,000,000 less any cash payments made under the Agreement.
Insider / Pro Group Participation: Not applicable.
For additional information please refer to the Company's news releases dated May 6, 2014 and May 29, 2014.
________________________________________
VENERABLE VENTURES LTD. ("VLV")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: June 2, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of an Amendment Agreement dated May 15, 2014 between Venerable Ventures Ltd. (the "Issuer") and Robert Carmichael and Landmark Geological Inc. (collectively, the "Optionors") which amends the option agreement dated April 26, 2011 concerning the right to acquire a 100% interest in certain mining claims (the "Property") located in the Nechako Plateau near Vanderhoof, British Columbia. Two additional claims totalling approximately 2,360 hectares have been added to the Property. The Property now comprises 24 mineral tenures with a total area of approximately 9,631 hectares.
The third anniversary payment of $180,000 and issuance of 400,000 shares of the Issuer, due May 23, 2014, has been extended by 18 months to November 23, 2015, along with the remaining exploration expenditures required under the option agreement. In consideration for the addition of the new claims and the extension of the option agreement, the Issuer will make additional payments totalling $20,000 and issue 400,000 additional shares to the Optionors. The Issuer will also undertake a surface exploration program prior to August 31, 2014, on the new claims with a work commitment of $20,000.
________________________________________
VENTRIPOINT DIAGNOSTICS LTD. ("VPT")
BULLETIN TYPE: Convertible Debenture, Amendment
BULLETIN DATE: June 2, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the amendment of the following debenture:
| Debenture: |
USD$748,000 |
| Original Conversion Price: |
Debenture originally was not convertible |
| Amended Conversion Price: |
Convertible into common shares at a price of USD$0.0748 per common share. |
| Original Maturity Date: |
July 18, 2014 |
| Amended Maturity Date: |
February 27, 2015 |
| Original Interest Rate: |
12% per annum (UNCHANGED) |
The debenture was not issued pursuant to a private placement which was originally accepted for filing by TSX Venture Exchange.
For further information, please refer to the Company's press release dated May 30, 2014.
________________________________________
VENTRIPOINT DIAGNOSTICS LTD. ("VPT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 2, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue to 760,000 common shares of the Company ("Shares") at a deemed price of $0.065 per Share in satisfaction of outstanding interest payments owed by the Company for a non-convertible debenture (the "Debenture") issued by the Company on May 17, 2013.
| Number of Creditors: |
1 Creditor |
Insider / Pro Group Participation: None
________________________________________
WPC RESOURCES INC. ("WPQ")
BULLETIN TYPE: Halt
BULLETIN DATE: June 2, 2014
TSX Venture Tier 2 Company
Effective at 7:01 a.m. PST, June 2, 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.
________________________________________
NEX COMPANY:
CARDINAL CAPITAL PARTNERS INC. ("CCP.H")
BULLETIN TYPE: Halt
BULLETIN DATE: June 2, 2014
NEX Company
Effective at 5:11 a.m., PST, June 2, 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.
________________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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