VANCOUVER, Aug. 6, 2014 /CNW/ -
TSX VENTURE COMPANIES:
BLACKEAGLE DEVELOPMENT CORP ("BDC")
[formerly Symbio Capital Corp ("SYB.P")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Name Change, Property-Asset or Share Purchase Agreement, Reinstated for Trading
BULLETIN DATE: August 6, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing Blackeagle Development Corp.'s (the "Company") Qualifying Transaction ("QT") described in its Filing Statement dated July 22, 2014. As a result, at the opening on Thursday, August 7, 2014, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following:
Property Purchase Agreement:
The Company has entered into an option agreement (the "Option Agreement") dated April 8, 2014, as amended and restated April 25, 2014 and June 26, 2014, between the Company and Tajiri Resources Corp. ("Tajiri") and Donald Bragg, Peter Fox and Barry Price (collectively, the "Vendors"), pursuant to which Tajiri granted the Company an option to acquire a 70% interest in 40 mineral claims located in British Columbia known as the OGK Property (the "Property") subject to a 2% net smelter royalty ("NSR") payable to the Vendors.
The Company can earn a 70% interest in the Property by paying an aggregate of $100,000 in cash, issuing 1,000,000 shares and incurring $1,350,000 in work expenditures over three years as follows:
- Paying $25,000 cash to Tajiri upon execution of the Option Agreement (paid)
- Issuing 140,000 shares to the Vendors and 60,000 to Tajiri within 5 days after Final Exchange Approval in connection with the QT (the "Closing")
- Incurring $250,000 in work expenditures within one year of Closing
- Paying $35,000 cash to Tajiri and issuing 90,000 shares to Tajiri and 210,000 shares to the Vendors and incurring an additional $350,000 in work expenditures on the Property within 2 years of Closing
- Paying $15,000 cash to Tajiri and $25,000 cash to the Vendors, issuing 150,000 shares to Tajiri and 350,000 to the Vendors, and incurring an additional $750,000 in work expenditures within 3 years of Closing.
A Finder's Fee of $4,000 cash and 400,000 shares will be paid to Ramtag Resources Ltd in connection with the transaction.
The Company is classified as an "Exploration and Mining" company.
Name Change:
The Company has changed its name to Blackeagle Development Corp. There is no consolidation of capital.
| Capitalization: |
Unlimited |
shares with no par value of which |
| 4,508,000 |
shares are issued and outstanding |
|
| Escrow: |
1,350,000 |
shares subject to a three year CPC Value Escrow agreement |
| Transfer Agent: |
Computershare Investor Services Inc. |
|
| Trading Symbol: |
BDC |
(new) |
| CUSIP Number: |
092302108 |
(new) |
Effective at the opening on Thursday, August 7, 2014, trading will be reinstated in the securities of the Company.
| Company Contact: |
Ron Miles |
| Company Address: |
Suite 1780 – 400 Burrard Street, Vancouver, BC, V6C 3A6 |
| Company Phone Number: |
604-628-5005 |
| Company Fax Number: |
604-531-6885 |
| Company Email Address: |
|
____________________________________
BOWMORE EXPLORATION LTD. ("BOW")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 6, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 13, 2014 and July 3, 2014:
| Number of Shares: |
2,500,001 flow through shares |
|
| Purchase Price: |
$0.15 per share |
|
| Warrants: |
1,250,000 share purchase warrants to purchase 1,250,000 shares |
|
| Warrant Exercise Price: |
$0.20 for an 18 month period |
|
| Number of Placees: |
12 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Paul Dumas |
Y |
66,667 |
| Robert Wares |
Y |
1,000,000 |
| Finder's Fee: |
Marquest Asset Management Inc. receives $6,000 and 40,000 |
|
| non-transferable warrants, each exercisable for one share at a |
||
| price of $0.15 per share for an 18 month period. |
||
| Canaccord Genuity Corp. receives $2,907 and 13,980 non- |
||
| transferable warrants, each exercisable for one share at a price |
||
| of $0.15 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.]
________________________________________
COPPER ONE INC. ("CUO")
BULLETIN TYPE: Halt
BULLETIN DATE: August 6, 2014
TSX Venture Tier 2 Company
Effective at 5:41 a.m., PST, August 6, 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.
________________________________________
COPPER ONE INC. ("CUO")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 6, 2014
TSX Venture Tier 2 Company
Effective at 7:30 a.m., PST, August 6, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
EUROTIN INC. ("TIN")
BULLETIN TYPE: Halt
BULLETIN DATE: August 6, 2014
TSX Venture Tier 2 Company
Effective at 8:24 a.m., PST, August 6, 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.
________________________________________
EUROTIN INC. ("TIN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 6, 2014
TSX Venture Tier 2 Company
Effective at 10:15 a.m., PST, August 6, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
ELKWATER RESOURCES LTD. ("ELW.RT")
BULLETIN TYPE: Rights Offering- Shares, Correction
BULLETIN DATE: August 6, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated August 5, 2014, the Bulletin should have read as follows:
| Rights CUSIP Number: |
288145113 |
All other terms and conditions in the original bulletin remain unchanged.
________________________________________
GALILEO PETROLEUM LTD. ("GPL")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: August 6, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 905,890 shares at a price of $0.05 per share to settle outstanding debt for $45,295.00.
| Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
GASTEM INC. ("GMR.H")
[formerly Gastem Inc. ("GMR")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: August 6, 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 at the opening, Thursday, August 7, 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 Montreal to NEX.
As of August 7, 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 GMR to GMR.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 May 5, 2014, trading in the securities of the Company will remain suspended.
_______________________________________
GOLDON RESOURCES LTD. ("GLD")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: August 6, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 101,682 shares to settle an outstanding interest payment for $5,084.08.
| Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
LUND ENTERPRISES CORP. ("LEN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 6, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 8, 2014:
| Number of Shares: |
3,000,000 shares |
|
| Purchase Price: |
$0.10 per share |
|
| Warrants: |
3,000,000 share purchase warrants to purchase 3,000,000 shares |
|
| Warrant Exercise Price: |
$0.20 for a three year period |
|
| Number of Placees: |
15 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Cheet Idziszek |
Y |
500,000 |
| Ian Brown |
Y |
100,000 |
| Elizabeth Anderson |
Y |
25,000 |
| Aggregate Pro Group |
||
| Involvement [3 placees] |
P |
675,000 |
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.
________________________________________
MAGELLAN MINERALS LTD. ("MNM")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: August 6, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 4,602,030 shares to settle outstanding debt for Brazilian Real $1,212,998.13.
| Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
NETWORK EXPLORATION LTD. ("NET")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: August 6, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 8,784,720 shares and 1,755,254 share purchase warrants to settle outstanding debt for $439,236. A total of 3,725,560 shares ($186,128 of debt) will be subject to a concurrent Exchange hold period of one year with 20% released upon Exchange acceptance, and an additional 20% released every 3 months thereafter.
| Number of Creditors: |
13 Creditors |
|||
| Insider / Pro Group Participation: (No warrants associated with Insider Participation) |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Redonda Management Ltd. |
||||
| (A. Helmel) |
Y |
$66,253.09 |
$0.05 |
1,325,062 |
| Friesen Geological Services |
||||
| Inc. (Robert Friesen) |
Y |
$7,882.00 |
$0.05 |
157,640 |
| Squid22 Ltd. (Rick Vaive) |
Y |
$5,650.00 |
$0.05 |
113,000 |
| Darren Urquhart Charted |
||||
| Accounting (Darren Urquhart) |
Y |
$8,400.00 |
$0.05 |
168,000 |
| Non Insider Warrants: |
1,755,254 share purchase warrants to purchase 1,755,254 shares |
|||
| Warrant Exercise Price: |
$0.10 for a two year period |
|||
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
PETROSTAR PETROLEUM CORP ("PEP")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 6, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Share Purchase Agreement dated May 26, 2014 between Petrostar Petroleum Corp.(the "Company") and Loree Holdings Ltd ("LOMAC"), whereby the Company will acquire 100% of the shares of LOMAC from the LOMAC shareholders, in consideration of 5,000,000 shares of the Company.
The transaction has been approved by the Company shareholders at the Annual General Meeting of the shareholders, held on Wednesday June 25th 2014.
Further information on the transaction is available in the Company's news releases dated April 30, 2014,
May 8, 2014 and July 17, 2014, and the Company's Information Circular dated May 16, 2014, all available on SEDAR.
Insider / Pro Group Participation:
| Insider=Y / |
|||
| Name |
ProGroup=P |
# of Shares |
|
| R. Mackenzie Loree |
Y |
5,000,000 |
|
| CASH |
SHARES |
WORK EXPENDITURES |
|
| R. Mackenzie Loree |
$0 |
5,000,000 |
$0 |
________________________________________
SABLE RESOURCES LTD. ("SAE")
BULLETIN TYPE: Consolidation
BULLETIN DATE: August 6, 2014
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders on June 30, 2014, 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 on Thursday, August 7, 2014, the shares of Sable Resources Ltd. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Junior Natural Resource - Mining' company
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 3,180,675 |
shares are issued and outstanding |
|
| Escrow |
nil |
shares |
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
SAE |
(UNCHANGED) |
| CUSIP Number: |
785713306 |
(new) |
________________________________________
SWIFT RESOURCES INC. ("SWR")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: August 6, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 3,668,730 shares at a deemed price of $0.05 per share to settle outstanding debt for $183,436.48.
| Number of Creditors: |
6 Creditors |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Whitelaw Enterprises Ltd. |
||||
| (Douglas Brett Whitelaw) |
Y |
$56,700 |
$0.05 |
1,134,000 |
| Northern Natural Resource |
||||
| Services Ltd. (Mike Elson) |
Y |
$51,100 |
$0.05 |
1,022,000 |
| Cross Davis & Company Ltd. |
||||
| (Scott Davis) |
Y |
$49,756 |
$0.05 |
995,120 |
| David Pugh |
Y |
$15,225 |
$0.05 |
304,500 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
VANC PHARMACEUTICALS INC. ("NPH")
[formerly Nuva Pharmaceuticals Inc. ("NPH")]
BULLETIN TYPE: Name Change
BULLETIN DATE: August 6, 2014
TSX Venture Tier 2 Company
Pursuant to a resolution passed July 23, 2014, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening on Thursday, August 7, 2014, the common shares of Vanc Pharmaceuticals Inc. will commence trading on TSX Venture Exchange, and the common shares of Nuva Pharmaceuticals Inc. will be delisted. The Company is classified as a "Developing, Manufacturing and Selling Infection Control Products" company.
| Capitalization: |
Unlimited |
shares with no par value of which |
| 36,767,074 |
shares are issued and outstanding |
|
| Escrow: |
6,412,500 |
shares subject to Escrow |
| Transfer Agent: |
Computershare Investors Services Inc. |
|
| Trading Symbol: |
NPH |
(UNCHANGED) |
| CUSIP Number: |
92143R105 |
(new) |
________________________________________
VISCOUNT MINING CORP. ("VML")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 6, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced July 30, 2014:
| Number of Shares: |
1,000,000 shares |
| Purchase Price: |
$0.20 per share |
| Number of Placees: |
7 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.
________________________________________
WALMER CAPITAL CORP. ("WAL.H")
[formerly Walmer Capital Corp. ("WAL.P")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: August 6, 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 Thursday, August 7, 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 Calgary to NEX.
As of August 7, 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 WAL.P to WAL.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 May 8, 2014, trading in the securities of the Company will remain suspended.
_______________________________________
WOLVERINE MINERALS CORP. ("WLV")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 6, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange (the 'Exchange') has accepted for filing documentation pertaining to a share purchase agreement dated July 9, 2014 (the 'Agreement'), among Wolverine Minerals Corp. (the 'Company'), Remedios Gold Holdings S.A ('Remedios Gold), Remedios Gold S.A.S, Herbo Assets S.A. ('Herbo') and Tolima Gold (Barbados) Corp., (collectively, the 'Sellers'), each of which are subsidiaries of Tolima Gold Inc., whereby the Company has agreed to acquire a 100% interest in Remedios Gold from Herbo.
Under the terms of the Agreement the consideration for Remedios Gold, whose principal assets are mining concessions in Colombia (the 'Properties'), is $700,000. The consideration was satisfied by way of the forgiveness of a loan previously provided by the Company to Herbo.
Insider / Pro Group Participation: Not applicable.
For additional information please refer to the Company's news releases dated December 4, 2013,
April 30, 2014, July 16, 2014 and August 5, 2014.
________________________________________
WPC RESOURCES INC. ("WPQ")
BULLETIN TYPE: Consolidation
BULLETIN DATE: August 6, 2014
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by directors on June 16, 2014, the Company has consolidated its capital on a two (2) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening on Thursday, August 7, 2014, the common shares of WPC Resources Inc. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration/Development' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 18,535,055 |
shares are issued and outstanding |
|
| Escrow |
Nil |
shares |
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
WPQ |
(UNCHANGED) |
| CUSIP Number: |
92935A 20 3 |
(new) |
________________________________________
XMET INC. ("XME")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: August 6, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced July 24, 2014:
| Number of Shares: |
2,700,000 shares |
| Purchase Price: |
$0.05 per share |
| Warrants: |
2,700,000 share purchase warrants to purchase 2,700,000 shares |
| Warrant Exercise Price: |
$0.05 for a five year period |
| Number of Placees: |
1 placee |
| Agent's Fee: |
$10,800, plus 216,000 compensation options (each exercisable at a price of $0.05 for a period of two years into units consisting of one common share and one warrant – each warrant further exercisable into one share at the same terms as above), payable to Maison Placements Canada Inc. |
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).
________________________________________
NEX COMPANY:
DMD DIGITAL HEALTH CONNECTIONS GROUP INC. ("DMG.H")
[formerly Aptilon Corporation ("APZ.H")]
BULLETIN TYPE: Name Change, Remain Suspended
BULLETIN DATE: August 6, 2014
NEX Company
Pursuant to a resolution passed by shareholders January 24, 2014, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening on Thursday, August 7, 2014, the common shares of DMD Digital Health Connections Group Inc. will be listed on NEX. The SHARES WILL REMAIN SUSPENDED and the common shares of Aptilon Corporation will be delisted. The Company is classified as an 'Internet Service Provider' company.
| Capitalization: |
Unlimited |
shares with no par value of which |
| 193,078,780 |
shares are issued and outstanding |
|
| Escrow: |
Nil |
shares |
| Transfer Agent: |
Computershare Investor Services Inc. |
|
| Trading Symbol: |
DMG |
(new) |
| CUSIP Number: |
23290D102 |
(new) |
________________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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