VANCOUVER, July 29, 2014 /CNW/ -
TSX VENTURE COMPANIES:
ACTIVE CONTROL TECHNOLOGY INC. ("ACT")
BULLETIN TYPE: Halt
BULLETIN DATE: July 29, 2014
TSX Venture Tier 2 Company
Effective at 6:12 a.m., PST, July 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.
________________________________________
AMERICAS PETROGAS INC. ("BOE")
BULLETIN TYPE: Halt
BULLETIN DATE: July 29, 2014
TSX Venture Tier 1 Company
Effective at 10:09 a.m., PST, July 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.
________________________________________
AMERICAS PETROGAS INC. ("BOE")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 29, 2014
TSX Venture Tier 1 Company
Effective at 12:30 p.m., PST, July 29, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
ARENA MINERALS INC. ("AN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 27, 2014:
| Number of Shares: |
10,000,000 shares |
| Purchase Price: |
$0.20 per share |
| Warrants: |
5,000,000 share purchase warrants to purchase 5,000,000 shares |
| Warrant Exercise Price: |
$0.35 for a two year period. The warrants are subject to an accelerated exercise provision in the event the Company's shares trade at $0.55 or higher on a volume weighted adjusted basis for a period of 30 days. |
| Number of Placees: |
15 placees |
| Finders' Fees: |
Mackie Research Capital - $10,800.00 and 54,000 Finder's Warrants that are exercisable into common shares at $0.25 per share for an 18-month period. |
| Dundee Securities - $6,000.00 and 30,000 Finder's Warrants that are exercisable into common shares at $0.25 per share for an 18-month period. |
|
| Pan Asset Management Ltd. (Mary d'Eon) - $30,000.00 and 150,000 Finder's Warrants that are exercisable into common shares at $0.25 per share for an 18-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. 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.
________________________________________
ASIAN MINERAL RESOURCES LIMITED ("ASN")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: July 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 494,616 shares at a deemed price of $0.0556 per share, in consideration of certain services provided to the Company pursuant to Shares for Services agreements.
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| James Askew |
Y |
$12,500.00 |
$0.0556 |
224,826 |
| Christopher Castle |
Y |
$15,000.00 |
$0.0556 |
269,791 |
The Company shall issue a news release when the shares are issued.
________________________________________
CAYDEN RESOURCES INC. ("CYD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 29, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing a Transfer of Rights Agreement dated May 15, 2014 between Minas Chaparral SA de CV, a wholly-owned subsidiary of Cayden Resources Inc. (the "Company") and Jesus Mario Felipe Herrera Paizanni (the "Vendor"), whereby the Company is to acquire Shamba-la Concession located within the EI Barqueno Concessions in Jalisco, Mexico. In consideration, the Company will pay US$251,000 and issue 150,000 shares to the Vendor. The Vendor retains a 2.5% NSR, which the Company may purchase for US$500,000.
________________________________________
ECO (ATLANTIC) OIL & GAS LTD. ("EOG")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 29, 2014
TSX Venture Tier 2 Company
Effective at 7:30 a.m., PST, July 29, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
EDGEFRONT REAL ESTATE INVESTMENT TRUST ("ED.UN")
BULLETIN TYPE: Prospectus-Trust Unit Offering
BULLETIN DATE: July 29, 2014
TSX Venture Tier 1 Company
Effective July 4, 2014, the Issuer's Prospectus dated July 4, 2014 was filed was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador Securities Commissions, pursuant to the provisions of the respective Securities Acts.
TSX Venture Exchange has been advised that closing occurred on July 15, 2014, for gross proceeds of $17,500,000.
| Underwriters: |
Dundee Securities Ltd., Scotia Capital Inc., National Bank Financial Inc., TD Securities Inc., Desjardins Securities Inc. and GMP Securities L.P. |
| Offering: |
8,750,000 Trust Units (plus an additional 875,000 Trust Units sold, but not issued from treasury, pursuant to the Underwriter's over-allotment option). |
| Trust Unit Price: |
$2.00 per Trust Unit |
| Underwriter's Fee: |
The Underwriters will receive an aggregate fee of $802,367.50 in connection with the base closing amount, and an additional fee of $96,250 (paid by the two selling securityholders) in connection with the exercise of the over-allotment option. |
| Over-Allotment Option: |
Two selling securityholders have granted to the Underwriters an option to purchase up to an additional 10% of that number of units sold pursuant to the offering, at any time up to 30 days after the closing of the offering. The Underwriters exercised the option to purchase 875,000 Trust Units. |
For further information, please refer to the Issuer's Prospectus dated July 4, 2014.
_______________________________________
GTO RESOURCES INC. ("GTR")
BULLETIN TYPE: Delist
BULLETIN DATE: July 29, 2014
TSX Venture Tier 2 Company
Effective at the close of business, Tuesday, July 29, 2014, the common shares will be delisted from TSX Venture Exchange at the request of the Company.
The Company will continue to trade on the Canadian Securities Exchange.
________________________________________
ECO (ATLANTIC) OIL & GAS LTD. ("EOG")
BULLETIN TYPE: Halt
BULLETIN DATE: July 29, 2014
TSX Venture Tier 2 Company
Effective at 5:39 a.m., PST, July 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.
________________________________________
ECO (ATLANTIC) OIL & GAS LTD. ("EOG")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 29, 2014
TSX Venture Tier 2 Company
Effective at 7:30 a.m., PST, July 29, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
KARSTEN ENERGY CORP. ("KAY.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: July 29, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated July 28, 2014, effective at 5:15 a.m., July 29, 2014, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding a Qualifying Transaction pursuant to TSXV Listings Policy 2.4. 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.
________________________________________
NIAGARA VENTURES CORPORATION ("NIA.P")
BULLETIN TYPE: Notice – QT Not Completed – Approaching 24 Months of Listing
BULLETIN DATE: July 29, 2014
TSX Venture Tier 2 Company
The shares of the Company were listed on TSX Venture Exchange on August 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 August 29, 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.
________________________________________
PINE CLIFF ENERGY LTD. ("PNE")
BULLETIN TYPE: Halt
BULLETIN DATE: July 29, 2014
TSX Venture Tier 2 Company
Effective at 11:03 a.m., PST, July 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.
________________________________________
PINE CLIFF ENERGY LTD. ("PNE")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 29, 2014
TSX Venture Tier 2 Company
Effective at 11:30 a.m., PST, July 29, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
ROYAL LIFESCIENCE CORP. ("RLS.H")
[formerly Royal Lifescience Corp. ("RLS.P")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Reinstated for Trading
BULLETIN DATE: July 29, 2014
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.4, Capital Pool Companies, the Company has not completed a Qualifying Transaction within the prescribed time frame. Therefore, effective at the opening on Wednesday, July 30, 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 Vancouver to NEX.
As of July 30, 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 RLS.P to RLS.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 TSX Venture Exchange Bulletin dated April 30, 2014, the Company has applied for reinstatement to trading.
Effective at the opening on Wednesday, July 30, 2014 trading will be reinstated in the securities of the Company (CUSIP 78032Q 10 0).
_______________________________________
SPORTSCENE GROUP INC. ("SPS.A")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: July 29, 2014
TSX Venture Tier 1 Company
LATE DIVIDEND DECLARED
SPORTSCENE GROUP INC. has declared a dividend of $0.30 per Class A share payable August 21, 2014 to shareholders of record July 31, 2014. The Class A shares should have commenced trading on an ex-dividend basis but due to late notification have been trading on a cum-dividend basis and will commence trading on TSXV on an ex-dividend basis effective from the opening on July 30, 2014. Holders including purchasers of the Common shares on TSXV on or before July 29, 2014 should maintain a record of brokers that sold them the shares in order to enable such Holders to claim the dividend.
The Issuer has declared the following dividend(s):
| Dividend per Class A Share: |
$0.30 |
| Payable Date: |
August 21, 2014 |
| Record Date: |
July 31, 2014 |
| Ex-Dividend Date: |
July 30, 2014 |
________________________________________
THE MINT CORPORATION ("MIT")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: July 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 23, 2014:
| Convertible Debenture: |
$1,121,920 |
| Conversion Price |
Convertible into common shares at $0.055 in year 1 and $0.10 in year 2 of principal outstanding per share until maturity |
| Maturity Date |
November 25, 2014 (with an option to extend the maturity date to November 24, 2015) |
| Interest Rate |
12% |
| Number of Placees: |
1 placee |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
________________________________________
THUNDERSTRUCK RESOURCES LTD. ("AWE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement; Correction
BULLETIN DATE: July 29, 2014
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated July 24, 2014, the following information is corrected:
TSX Venture Exchange has accepted for expedited filing documentation of a Property Option Agreement dated July 11, 2014 between Thunderstruck Resources Ltd. (the "Issuer") and Aljen (Pacific) Limited, (the "Optionor" - Insiders: A. Wolstencroft and J. Wolstencroft) whereby the Issuer may acquire two special prospecting licenses and two prospecting license applications on the island of Viti Levu, Fiji. In consideration, the Issuer will pay a total of AUS$600,000 cash; will issue a total of 1,500,000 shares in stages and conduct exploration commitments of AUS$1,500,000 in stages as follows:
| CASH |
SHARES |
EXPLORATION EXPENSES |
|
| Year 1 |
AUS$200,000 |
600,000 |
n/a |
| Year 2 |
AUS$200,000 |
400,000 |
n/a |
| Year 3 |
AUS$200,000 |
500,000 |
A$1,500,000 |
Finder's Fee: Damien Reynolds will receive a finder's fee of 90,000 shares and $36,000 paid over time in accordance with the property option payments.
________________________________________
WEST MELVILLE METALS INC. ("WMM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 27, 2014:
First Tranche:
| Number of Shares: |
4,880,000 shares |
|
| Purchase Price: |
$0.05 per share |
|
| Warrants: |
4,880,000 share purchase warrants to purchase 4,880,000 shares |
|
| Warrant Exercise Price: |
$0.15 for a three year period |
|
| Number of Placees: |
10 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| John Robins |
Y |
200,000 |
| Aggregate Pro Group |
||
| Involvement [1 placee] |
P |
500,000 |
| Finder's Fee: |
124,600 shares and 124,600 warrants payable to Haywood |
|
| Securities Inc. |
||
| - Finder's fee warrants are exercisable at $0.15 per share for |
||
| three 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.
________________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
Share this article