VANCOUVER, Aug. 22, 2014
TSX VENTURE COMPANIES:
AFRICAN METALS CORPORATION ("AFR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 22, 2014
TSX Venture Tier 2 Company
Effective at 9:45 a.m., PST, August 22, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
ARGENTUM SILVER CORP. ("ASL")
BULLETIN TYPE: Consolidation
BULLETIN DATE: August 22, 2014
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by directors August 12, 2014, the Company has consolidated its capital on a (10) ten old for (1) one new basis. The name of the Company has not been changed.
Effective at the opening on Monday, August 25, 2014, the common shares of Argentum Silver Corp. 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 |
|
4,601,535 |
shares are issued and outstanding |
||
Escrow |
Nil |
shares |
|
Transfer Agent: |
Computershare Trust Company of Canada |
||
Trading Symbol: |
ASL |
(UNCHANGED) |
|
CUSIP Number: |
04014D206 |
(new) |
________________________________________
AVRUPA MINERALS LTD. ("AVU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 22, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 5, 2014 and August 12, 2014:
Number of Shares: |
4,400,000 shares |
Purchase Price: |
$0.25 per share |
Warrants: |
4,400,000 share purchase warrants to purchase 4,400,000 shares |
Warrant Exercise Price: |
$0.40 for a three year period |
Number of Placees: |
33 placees |
Insider / Pro Group Participation:
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Ross G. Stringer Inc. |
Y |
200,000 |
Pacific Opportunity Capital Ltd. (Mark T. Brown & Family) |
Y |
35,000 |
Mark T. Brown |
Y |
100,000 |
Callinan Royalties Corporation |
Y |
400,000 |
Aggregate Pro Group Involvement |
P |
400,000 |
[ 4 placees] |
Finders' Fees: |
Sprott Global Resource Investments Ltd. - $15,000 and 84,000 Finder's Options that are exercisable into a common share and a share purchase warrant at $0.34 per Finder's Option. Each warrant is exercisable into a common share at $0.40 per share for a 36 month period. |
Global Market Development LLC (Jeff Phillips) - $2,500 and 14,000 Finder's Options that are exercisable into a common share and a share purchase warrant at $0.34 per Finder's Option. Each warrant is exercisable into a common share at $0.40 per share for a 36 month period. |
|
Haywood Securities Inc. - $3,750 and 21,000 and Finder's Options that are exercisable into a common share and a share purchase warrant at $0.34 per Finder's Option. Each warrant is exercisable into a common share at $0.40 per share for a 36 month period. |
|
Leede Financial markets Inc. - $6,000 and 33,600 Finder's Options that are exercisable into a common share and a share purchase warrant at $0.34 per Finder's Option. Each warrant is exercisable into a common share at $0.40 per share for a 36 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.
________________________________________
BCGOLD CORP. ("BCG")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: August 22, 2014
TSX Venture Tier 2 Company
Further to the bulletin dated August 22, 2013 with respect to the Agreement dated August 16, 2013 between the Company and Blind Creek Resources Ltd. in connection with the mineral claims located in the Atlin Mining Division, TSX Venture Exchange has accepted for filing an Amending Agreement dated July 23, 2014 whereby the term of the option has been extended from four years to five years. In consideration for the extension, the Company will issue 100,000 common shares.
________________________________________
BEDROCAN CANNABIS CORP. ("BED")
[formerly POCML 2 Inc. ("PCC.P")]
BULLETIN TYPE: Qualifying Transaction-Completed, Symbol Change, Name Change, Consolidation, Resume Trading
BULLETIN DATE: August 22, 2014
TSX Venture Tier 2 Company
Qualifying Transaction:
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Filing Statement dated August 8, 2014. As a result, at the opening on Monday, August 25, 2014, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the arm's length acquisition of Bedrocan Canada Inc. ("Bedrocan"), completed on August 20, 2014 pursuant to the terms of the agreement entered into among the Company, Bedrocan and 2418519 Ontario Inc., a wholly-owned subsidiary of the Company, dated May 14, 2014, pursuant to which the Company acquired all of the issued and outstanding shares of Bedrocan in exchange for 64,500,000 Company shares. In addition, 21,167,500 common shares of the Company have been reserved for options and warrants issued to the holders of Bedrocan options and warrants.
The Exchange has been advised that the above transaction has been completed. For further information, please refer to the Company's Filing Statement dated August 8, 2014, available on SEDAR.
Symbol Change
Effective at the opening on Monday, August 25, 2014, the trading symbol for the Company will change from PCC.P to BED.
Name Change
Pursuant to the articles of amendment dated August 19, 2014, the Company has changed its name to Bedrocan Cannabis Corp.
Consolidation
Pursuant to a special resolution passed by shareholders on July 31, 2014, the Company has consolidated its capital on a (two) 2 old for (one) 1 new basis effective August 19, 2014.
Resume Trading
Further to TSX Venture Exchange's Bulletins dated April 14, 2014 and August 13, 2014, effective at the open on Monday, August 25, 2014, trading in the shares of the Company will resume.
Corporate Jurisdiction: |
Ontario |
||
Capitalization: |
Unlimited |
shares with no par value of which |
|
67,500,000 |
shares are issued and outstanding |
||
Escrow: |
30,541,617 |
common shares; |
|
875,000 |
options; and |
||
100,000 |
warrants are subject to Tier 2 Value Escrow, and |
||
2,000,000 |
Company shares remain subject to the existing CPC Escrow Agreement. |
||
Transfer Agent: |
Equity Financial Trust Company |
||
Symbol: |
BED |
(NEW) |
|
CUSIP Number: |
07654P108 |
(NEW) |
The Company is classified as a 'Medicinal and Botanical Manufacturing' company. |
|
Company Contact: |
Marc Wayne, President and Chief Executive Officer, or |
Michael Singer, Chief Financial Officer |
|
Company Address: |
250A Eglington Avenue East, P.O. Box 89589, Toronto, Ontario M4P 3E1 |
Company Phone Number: |
416-943-5800 |
Company Fax Number: |
416-943-5804 |
Company E-Mail Address: |
|
Company Website Address: |
________________________________
CALLINAN ROYALTIES CORPORATION ("CAA")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: August 22, 2014
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
Dividend per Common Share: |
$0.02 |
|
Payable Date: |
October 15, 2014 |
|
Record Date: |
September 30, 2014 |
|
Ex-Dividend Date: |
September 26, 2014 |
________________________________________
CANADIAN OVERSEAS PETROLEUM LIMITED ("XOP") ("XOP.WT")
BULLETIN TYPE: Prospectus-Unit Offering, New Listing-Warrants
BULLETIN DATE: August 22, 2014
TSX Venture Tier 2 Company
Effective August 12, 2014, the Company's Prospectus dated August 12, 2014 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Alberta and Ontario Securities Commissions on August 12, 2014. The prospectus has also been filed under Multilateral Instrument 11-102 Passport System in British Columbia, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador. A receipt for the prospectus is deemed to be issued by the regulator in each of those jurisdictions, if the conditions of the Instrument have been satisfied.
TSX Venture Exchange has been advised that closing occurred on August 21, 2014, for gross proceeds of $10,111,000.
Agent: |
GMP Securities L.P. |
Offering: |
50,555,000 units ("Units") |
Each Unit consists of common share of the Company and one common share purchase warrant ("Warrant"). |
|
Unit Price: |
$0.20 per Unit |
Warrant Exercise Price/Term: |
Each Warrant entitles the holder to acquire one common share of the Company ("Share") at a price of $0.40 per Share until expiry on Monday, August 21, 2017. |
Agent fee: |
The Agent will receive a cash fee of $505,550 in addition to a corporate finance advisory fee of $100,000. |
Listing of Warrants:
Effective at the opening, Monday, August 25, 2014, 50,555,000 warrants of the Company will commence trading on TSX Venture Exchange. The Company is classified as an 'Exploration/Development' company.
Corporate Jurisdiction: |
Alberta |
||
Capitalization: |
Unlimited |
warrants with no par value of which |
|
50,555,000 |
warrants are issued and outstanding pursuant to a Warrant Indenture dated August 21, 2014 |
||
Transfer Agent: |
Computer Share Trust Company of Canada |
||
Trading Symbol: |
XOP.WT |
||
CUSIP Number: |
13643D149 |
The Warrants were distributed pursuant to the Company's Prospectus dated August 12, 2014. Each Warrant entitles the holder to acquire one Share at a price of $0.40 per Share until expiry on Monday, August 21, 2017.
________________________________________
COBRA VENTURE CORPORATION ("CBV")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: August 22, 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 Calgary to Vancouver.
________________________________________
COBRA VENTURE CORPORATION ("CBV")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: August 22, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to the Offer to Purchase and Interim Agreement dated February 25, 2014 (the "Agreement") between the Company and an arm's length party (the "Vendor") whereby the Company will sell approximately 12.84 acres of undeveloped land located in the Municipal District of Rocky View No. 44 (the "Property") to the Vendor. In consideration, the Vendor would pay the Company approximately $4,365,600 in cash.
Insider / Pro Group Participation: None
For further information, please refer to the Company's press releases dated March 4, 2014 and July 30, 2014
________________________________________
EDGEFRONT REAL ESTATE INVESTMENT TRUST ("ED.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: August 22, 2014
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
Distribution per Trust Unit: |
$0.01333 |
|
Payable Date: |
September 15, 2014 |
|
Record Date: |
August 29, 2014 |
|
Ex-Distribution Date: |
August 27, 2014 |
|
Distribution per Trust Unit: |
$0.01333 |
|
Payable Date: |
October 15, 2014 |
|
Record Date: |
September 30, 2014 |
|
Ex-Distribution Date: |
September 26, 2014 |
________________________________________
KAIZEN DISCOVERY INC. ("KZD")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: August 22, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing an Investment Agreement dated August 18, 2014, between Kaizen Discovery Inc. (the "Company"), West Cirque Resources Ltd. ("West Cirque"), a wholly owned subsidiary of the Company and ITOCHU Corporation ("ITOCHU") whereby ITOCHU will acquire a 40% equity interest in West Cirque's wholly-owned subsidiary, KZD Aspen Grove Holding Ltd. ("Aspen Grove"). Aspen Grove holds mineral claims over the Aspen Grove copper-gold porphyry project in British Columbia.
ITOCHU paid the Company $4,000,000 cash for its 40% equity interest. The transaction is arm's-length.
Further information may be found in the Company's news releases dated July 9, 2014, August 18, 2014 and August 22, 2014.
________________________________________
MOSAIC CAPITAL CORPORATION ("M")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: August 22, 2014
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
Dividend per Common Share: |
$0.08 |
|
Payable Date: |
September 30, 2014 |
|
Record Date: |
August 29, 2014 |
|
Ex-Dividend Date: |
August 27, 2014 |
________________________________________
NEWCASTLE ENERGY CORP. ("NGY")
BULLETIN TYPE: Consolidation
BULLETIN DATE: August 22, 2014
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders August 19, 2014, the Company has consolidated its capital on a thirty (30) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening, Monday, August 25, 2014, the common shares of Newcastle Energy Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as an 'Oil and Gas Exploration and Development' company.
Post - Consolidation |
|||
Capitalization: |
Unlimited |
shares with no par value of which |
|
6,058,354 |
shares are issued and outstanding |
||
Escrow |
nil |
shares |
|
Transfer Agent: |
Computershare Investor Services Inc. |
||
Trading Symbol: |
NGY |
(UNCHANGED) |
|
CUSIP Number: |
65106N204 |
(new) |
________________________________________
NOBEL REAL ESTATE INVESTMENT TRUST ("NEL.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: August 22, 2014
TSX Venture Tier 2 Company
The Issuer has declared the following distribution(s):
Distribution per Trust Unit: |
$0.000509 |
|
Payable Date: |
September 15, 2014 |
|
Record Date: |
August 29, 2014 |
|
Ex-Distribution Date: |
August 27, 2014 |
________________________________________
ORGANIGRAM HOLDINGS INC. ("OGI")
[formerly Inform Exploration Corp. ("IX")]
BULLETIN TYPE: Reverse Takeover-Completed, Private Placement-Non-Brokered, Private Placement-Brokered, Name Change and Consolidation, Resume Trading
BULLETIN DATE: August 22, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. has accepted for filing Inform Exploration Corp.'s (the "Company") (now OrganiGram Holdings Inc.) Reverse Takeover (the "RTO") and related transactions, all as principally described in its filing statement dated July 30, 2014 (the "Filing statement"). The RTO includes the following matters, all of which have been accepted by the Exchange.
1. Acquisition of all of the issued and outstanding shares of OrganiGram Inc. ("OrganiGram"):
The Company entered into a share exchange agreement dated as of June 13, 2014 with OrganiGram and the majority shareholders of OrganiGram pursuant to which the Company agreed to acquire all of the issued and outstanding common shares of OrganiGram in exchange for 34,500,000 post-consolidated common shares of the Company (see 'Name Change and Consolidation' below).
The Company paid a finder's fee of 325,000 common shares to Kendo Capital Inc. (Richard Smith)
OrganiGram's business involves the growing of marijuana indoors for the purposes of beginning the sale and distribution of finished product in accordance with the Marihuana for Medical Purposes Regulations (Canada) issued pursuant to the Controlled Drugs and Substances Act (Canada). OrganiGram began production in late March, 2014 and has begun the client registration process. OrganiGram has plants at various stages of growth and anticipates that it will be able to commence the sale and distribution of its products in Q3 of 2014.
The Exchange has been advised that the Company's acquisition of OrganiGram and the related transactions have received shareholder approval and have been completed. For additional information refer to the Filing Statement available under the Company's profile on SEDAR.
2. Private Placement-Non-Brokered:
TSX Venture Exchange Inc. has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 15, 2014:
Number of Shares: |
3,805,277 |
Purchase Price: |
$0.85 |
Number of Placees: |
34 placees |
Insider / Pro Group Participation: Nil
Finder's Fee: |
Scarlet Crane Holdings AG (Ian Dawson) received a finder's fee of $19,800 and 23,294 compensation options, where each compensation is exercisable by the holder to acquire one common share at a price of $1.00 for a period of 12 months (each a "Compensation Option"). |
Egos Capital Corp (Yanira Penaloza) received a finder's fee of $36,000 and 42,352 Compensation Options. |
|
TDV Media (Jeff Berwick) received a finder's fee of $8,460 and 9,952 Compensation Options. |
3. Private Placements-Brokered:
TSX Venture Exchange Inc. has accepted for filing documentation with respect to a Brokered Private Placement announced May 15, 2014:
Number of Shares: |
5,058,712 |
Purchase Price: |
$0.85 |
Number of Placees: |
86 placees |
Insider / Pro Group Participation: Nil
Agent's Fee: |
Jordan Capital Markets Inc. received a fee of $77,994.30 and 91,758 Compensation Options. |
Jacob Securities Inc. received a fee of $150,000.01 and 150,000 Compensation Options. |
4. Name Change and Consolidation:
In connection with the transactions, the Company will change its name from Inform Exploration Corp. to OrganiGram Holdings Inc. Pursuant to a special resolution passed by the board of directors on July 17, 2014, the Company has consolidated its capital on a 0.883604747 to one (1) basis.
Effective at the opening on Monday, August 25, 2014, the common shares of OrganiGram Holdings Inc. will commence trading on TSX Venture Exchange Inc. under the trading symbol OGI and the common shares of Inform Exploration Corp. will be delisted. OrganiGram Holdings Inc. is classified as an 'Industrial' company.
Capitalization: |
Unlimited |
shares with no par value of which |
|
51,016,193 |
post-consolidation shares are issued and outstanding |
||
Escrow: |
18,970,714 |
post-consolidation shares are subject to a 36 month staged escrow release |
Transfer Agent: |
Equity Financial Trust Company |
||
Trading Symbol: |
OGI |
(new) |
|
CUSIP Number: |
68620P 10 1 |
(new) |
5. Resume Trading:
Effective at the opening on Monday, August 25, 2014, trading in the shares of the Company will resume.
________________________________________
PALLISER OIL & GAS CORPORATION ("PXL")
BULLETIN TYPE: Halt
BULLETIN DATE: August 22, 2014
TSX Venture Tier 1 Company
Effective at 8:02 a.m., PST, August 22, 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.
________________________________________
PALLISER OIL & GAS CORPORATION ("PXL")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: August 22, 2014
TSX Venture Tier 1 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated August 22, 2014, effective at 9:08 a.m.,
August 22, 2014, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding a Change of Business and/or Reverse Take-Over pursuant to TSXV Listings Policy 5.2. 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.
________________________________________
PARK LAWN CORPORATION ("PLC")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: August 22, 2014
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
Dividend per Common Share: |
$0.038 |
|
Payable Date: |
September 15, 2014 |
|
Record Date: |
August 30, 2014 |
|
Ex-Dividend Date: |
August 27, 2014 |
________________________________________
PRO REAL ESTATE INVESTMENT TRUST ("PRV.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: August 22, 2014
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
Distribution per Unit: |
$0.0175 |
|
Payable Date: |
September 15, 2014 |
|
Record Date: |
August 29, 2014 |
|
Ex-Distribution Date: |
August 27, 2014 |
________________________________________
SAHARA ENERGY LTD. ("SAH")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 22, 2014
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, August 22, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
SILVER PURSUIT RESOURCES LTD. ("SPF")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 22, 2014
TSX Venture Tier 2 Company
Further to the Exchange Bulletin dated August 18, 2014, effective at the open, Monday, August 25, 2014, shares of the Company will resume trading; transfer agent services having been reinstated.
_______________________________________
SNIPGOLD CORP. ("SGG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 22, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation pertaining to a Purchase Agreement dated July 31, 2014 between SnipGold Corp. (the 'Company'), Gulf International Minerals Limited and Romios Gold Resources Inc., pursuant to which the Company may acquire a 100% interest in two mining leases totalling 450 hectares in northern British Columbia, contiguous to the Company's Iskut Property. In consideration, the Company will pay $9,000 and issue 100,000 warrants, each exercisable at a price of $0.15 per share for a 36 month period, subject to a 45 day acceleration provision, if the Company's shares close at a price or higher than $0.30 per share for 20 consecutive trading days.
________________________________________
VIRTUTONE NETWORKS INC. ("VFX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 22, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to an Asset Purchase Agreement (the "Agreement") between the Company and e-Free Talk Systems Inc. ("e-Free"), whereby the Company will acquire customer base of e-Free. Pursuant to the terms of the Agreement, the Company will issue 1,000,000 shares of the Company ("Shares") to e-Free at a deemed price of $0.37 per Share.
Insider / Pro Group Participation: None
For further information, please refer to the Company's press releases dated December 10, 2013 and August 11, 2014
________________________________________
WESTKAM GOLD CORP. ("WKG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 22, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 25, 2014 and August 21, 2014:
Number of Shares: |
3,008,333 flow-through shares |
||
13,631,300 units shares |
|||
Purchase Price: |
$0.06 per flow-through share |
||
$0.05 per unit share |
|||
FT Warrants: |
3,008,333 share purchase warrants to purchase 3,008,333 shares |
||
FT Warrant Exercise Price: |
$0.07 for the first two year period |
||
$0.10 for the third through fifth year period |
|||
Unit Warrants: |
13,631,300 share purchase warrants to purchase 13,631,300 shares |
||
Unit Warrant Exercise Price: |
$0.05 for the first two year period |
||
$0.10 for the third through fifth year period |
|||
Number of Placees: |
35 placees |
||
Insider / Pro Group Participation: |
|||
Insider=Y / |
|||
Name |
ProGroup=P |
# of Shares |
|
Akash Patel |
Y |
400,000 Units |
|
Finder's Fee: |
$32,800 and 656,000 finder's warrants payable to PI Financial Corp. Each finder's warrant is exercisable for a period of five years at a price of $0.10 per warrant share. |
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.
________________________________________
WEST MELVILLE METALS INC. ("WMM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 22, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the second tranche of a Non-Brokered Private Placement announced June 27, 2014:
Number of Shares: |
1,120,000 shares |
Purchase Price: |
$0.05 per share |
Warrants: |
1,120,000 share purchase warrants to purchase 1,120,000 shares |
Warrant Exercise Price: |
$0.15 for a three year period |
The warrants are subject to the Company's right to accelerate the exercise of the warrants if the daily volume weighted average trading price of the common shares of the company is equal to or exceeds $0.35 for a period of 10 consecutive trading days during the term of the warrant, commencing four months after the date the warrants are issued.
Number of Placees: |
4 placees |
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Jonathan Singh |
Y |
20,000 |
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.
________________________________________
NEX COMPANY:
CAIRO RESOURCES INC. ("QAI.H")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: August 22, 2014
NEX Company
Further to TSX Venture Exchange Bulletin dated May 8, 2014, the Company has applied for reinstatement to trading.
Effective at the opening, Monday, August 25, 2014, trading will be reinstated in the securities of the Company (CUSIP 127892 10 7).
_______________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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