VANCOUVER, June 5, 2014 /CNW/ -
TSX VENTURE COMPANIES:
AMERICAN VANADIUM CORP. ("AVC")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: June 5, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 30,000 shares at a deemed price of $0.53, in consideration of certain services provided to the Company pursuant to a Consulting Agreement dated May 1, 2013.
The Company shall issue a news release when the shares are issued.
________________________________________
AROWAY ENERGY INC. ("ARW")
BULLETIN TYPE: Warrant Price Amendment, Warrant Term Extension
BULLETIN DATE: June 5, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the reduction in the exercise price and the extension to the term of the following warrants:
Private Placement:
# of Warrants: |
3,212,741 (flow-through warrants) |
1,372,000 (non-flow-through warrants) |
|
Original Expiry Date of Warrants: |
December 4, 2013 amended to December 12, 2013 |
New Expiry Date of Warrants: |
December 12, 2014 |
Forced Exercise Provision: |
If the closing price for the Company's shares is $0.375 |
or greater for a period of 10 consecutive trading days, |
|
then the warrant holders will have 30 days to exercise |
|
their warrants; otherwise the warrants will expire on the |
|
31st day. |
|
Original Exercise Price of Warrants: |
$0.65 (3,212,741 flow-through shares) |
$0.60 (1,372,000 non-flow-through shares) |
|
New Exercise Price of Warrants: |
$0.30 |
These warrants were issued pursuant to a private placement of 6,425,481 flow-through shares and 1,372,000 non-flow-through shares with 3,212,741 flow-through share purchase warrants and 1,372,000 non-flow-through share purchase warrants attached, which was accepted for filing by the Exchange effective December 12, 2012 and December 20, 2012.
________________________________________
CATALYST COPPER CORP. ("CCY")
BULLETIN TYPE: Consolidation
BULLETIN DATE: June 5, 2014
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders on May 26, 2014, the Company has consolidated its capital on a three (3) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening on Friday, June 6, 2014, the common shares of Catalyst Copper Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration / Development' company.
Post - Consolidation |
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Capitalization: |
Unlimited |
shares with no par value of which |
9,284,886 |
shares are issued and outstanding |
|
Escrow |
Nil |
shares |
Transfer Agent: |
Computershare Investor Services Inc. |
|
Trading Symbol: |
CCY |
(UNCHANGED) |
CUSIP Number: |
14888C309 |
(new) |
________________________________________
DELTA GOLD CORPORATION ("DLT")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: June 5, 2014
TSX Venture Tier 2 Company
Pursuant to Policy 1.2, TSX Venture Exchange has been advised of, and accepted the change of the Filing and Regional Office from Vancouver to Toronto.
________________________________________
DIGITAL SHELF SPACE CORP. ("DSS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 5, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 23, 2014, April 29, 2014 and May 9, 2014:
Number of Shares: |
30,000,000 shares |
|
Purchase Price: |
$0.10 per share |
|
Warrants: |
30,000,000 share purchase warrants to purchase 30,000,000 shares |
|
Warrant Exercise Price: |
$0.15 for a one year period |
|
Number of Placees: |
83 placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
AlphaNorth Asset Management |
Y |
3,000,000 |
Aggregate Pro Group Involvement |
||
[4 placees] |
P |
1,540,000 |
Finders' Fees: |
$186,830 and 1,868,300 Finder's Warrants payable to BMO |
|
$13,160 and 131,600 Finder's Warrants payable to Canaccord |
||
Genuity Corp. |
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$10,010 and 100,100 Finder's Warrants payable to Fin-XO |
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Securities Inc. |
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- Each Finder's Warrant is exercisable at a price of $0.15 for a |
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one-year period. |
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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.
________________________________________
ENTOURAGE METALS LTD. ("EMT")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: June 5, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
Private Placement:
# of Warrants: |
89,333 |
Original Expiry Date of Warrants: |
June 6, 2014 |
New Expiry Date of Warrants: |
June 6, 2016 |
Exercise Price of Warrants: |
$3.00 |
These warrants were issued pursuant to a private placement of 1,072,000 pre-consolidated shares with 536,000 pre-consolidated share purchase warrants attached, which was accepted for filing by the Exchange effective June 5, 2012.
________________________________________
ENTREC CORPORATION ("ENT") ("ENT.DB)
BULLETIN TYPE: Graduation
BULLETIN DATE: June 5, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has been advised that the Company's shares and convertible debentures will be listed and commence trading on Toronto Stock Exchange at the opening on Monday, June 9, 2014, under the symbol "ENT" and "ENT.DB".
As a result of this Graduation, there will be no further trading under the symbol "ENT" and "ENT.DB" on TSX Venture Exchange after Friday June 6, 2014, and its shares and convertible debentures will be delisted from TSX Venture Exchange at the commencement of trading on Toronto Stock Exchange.
________________________________________
GOLDEN VIRTUE RESOURCES INC. ("GVR")
BULLETIN TYPE: Consolidation
BULLETIN DATE: June 5, 2014
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by the directors on May 12, 2014, the Company has consolidated its capital on a five (5) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening, Friday, June 6, 2014, the common shares of Golden Virtue Resources Inc. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Natural Resource Mining' company.
Post - Consolidation |
||
Capitalization: |
Unlimited |
shares with no par value of which |
9,843,550 |
shares are issued and outstanding |
|
Escrow |
nil |
shares |
Transfer Agent: |
Computershare Investor Services Inc. |
|
Trading Symbol: |
GVR |
(UNCHANGED) |
CUSIP Number: |
381307206 |
(new) |
________________________________________
JM CAPITAL II CORP. ("JCI.P")
BULLETIN TYPE: Notice – QT Not Completed – Approaching 24 Months of Listing
BULLETIN DATE: June 5, 2014
TSX Venture Tier 2 Company
The shares of the Company were listed on TSX Venture Exchange on July 5, 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 7, 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.
________________________________________
LATERAL CAPITAL CORP. ("LCP")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: June 5, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange accepts for filing documentation pursuant to loan agreement dated June 5, 2014 (the "Agreement") between the Company and Shadow Tree Income Fund A LP ("Shadow Fund") and a finder's fee agreement with World Equity Group ("Finder's Fee Agreement"). As per the Loan Agreement, the Company has obtained a secured loan from Shadow Tree, a New York based private investment partnership. The loan is to be a first lien, senior secured 120-day term loan in the principal amount of US$3,533,000. It is subject to 8% issuance discount. The Company is required to pay a 2% structuring fee to Shadow Tree. If the loan is not repaid by the 90th day following the closing, the Company must grant Shadow tree a 1% gross overriding royalty in perpetuity on all of the Company's current and future production. In connection with the loan, the Company has agreed to pay a finder's fee to World Equity Group, an arm's length finder, for locating the lender. The finder's fee is equal to a cash payment of 4.5% of the principal plus a $10,000 prepayment for due diligence and expenses.
________________________________________
NOKA RESOURCES INC. ("NX")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: June 5, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 4, 2014:
Convertible Debenture: |
$100,000 |
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Conversion Price: |
Convertible at $0.05 into one unit consisting of one common share |
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and one common share purchase warrant. |
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Maturity date: |
July 7, 2014 |
|
Warrants |
Each warrant will have a term of two years from the date of issuance |
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of the notes and entitle the holder to purchase one common share. |
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The warrants are exercisable at the price of $0.07, subject to an |
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acceleration clause. |
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Interest rate: |
12% per annum. |
|
Number of Placees: |
1 placee |
|
Insider / Pro Group Participation: |
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Insider=Y / |
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Name |
ProGroup=P |
# of Shares |
Aggregate Pro Group Involvement |
||
[1 placee] |
P |
2,000,000 |
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.]
________________________________________
RUN OF RIVER POWER INC. ("ROR")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: June 5, 2014
TSX Venture Tier 1 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated June 2, 2014, effective at 9:19 a.m., June 5, 2014, trading in the shares of the Company will remain halted pending the outcome of the Court Hearing and review process. 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.
________________________________________
VANSTAR MINING RESOURCES INC. ("VSR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 5, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to an arm's length acquisition of a 100% interest in 4 mining cells adjacent to the Nelligan project located in the Province of Québec in consideration of $2,000 cash payment and 60,000 common shares of the Company.
For further information please refer to the Company's press release dated May 28, 2014.
RESSOURCES MINIÈRE VANSTAR INC. (« VSR »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 5 juin 2014
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents relativement à l'acquisition d'un intérêt de 100 % dans 4 cellules minières adjacentes au projet Nelligan et situées dans la province du Québec en considération d'un paiement en espèces de 2 000 $ et de 60 000 actions ordinaires de la société.
Pour plus d'information, veuillez vous référer au communiqué de presse émis par la société le 28 mai 2014.
__________________________________
WESTMINSTER RESOURCES LTD. ("WMR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 5, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 3, 2014:
Number of Shares: |
6,350,000 shares |
Purchase Price: |
$0.05 per share |
Warrants: |
3,175,000 share purchase warrants to purchase 3,175,000 shares |
Warrant Exercise Price: |
$0.10 for a two year period |
Number of Placees: |
8 placees |
Finder's Fee: |
$19,600 payable to Carl Jones. |
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.
________________________________________
NEX COMPANY:
VALPARAISO ENERGY INC. ("VPO.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 5, 2014
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 2, 2014 and April 29, 2014:
Number of Shares: |
10,000,000 shares |
|
Purchase Price: |
$0.05 per share |
|
Warrants: |
5,000,000 share purchase warrants to purchase 5,000,000 shares |
|
Warrant Exercise Price: |
$0.15 for a one year period |
|
Number of Placees: |
24 placees |
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Insider / Pro Group Participation: |
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Insider=Y / |
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Name |
ProGroup=P |
# of Shares |
Aggregate Pro Group Involvement |
||
[2 placees] |
P |
300,000 |
Finders' Fees: |
$450 payable to Jones, Gable & Company Limited |
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$900 payable to Haywood Securities Inc. |
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$14,550 payable to Tyler Ross |
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$14,100 payable to R-266 Enterprises Ltd. (D.Coombs). |
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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.
________________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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