VANCOUVER, Aug. 29, 2014 /CNW/ -
TSX VENTURE COMPANIES:
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: August 28, 2014
TSX Venture Company
A Cease Trade Order has been issued by the British Columbia Securities Commission on August 28, 2014 against the following company for failing to file the documents indicated within the required time period:
| Symbol |
Tier |
Company |
Failure to File |
Period |
| Ending |
||||
| (Y/M/D) |
||||
| NTV |
2 |
Northaven Resources Corp. |
An interim financial statements |
14/03/31 |
| A Form 51-102F1 Management's Discussion and Analysis for the |
14/03/31 |
|||
Upon revocation of the Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements. Members are prohibited from trading in the securities of the company during the period of the suspension or until further notice.
________________________________________
ALDRIDGE MINERALS INC. ("AGM")
BULLETIN TYPE: Halt
BULLETIN DATE: August 29, 2014
TSX Venture Tier 2 Company
Effective at 6:30 a.m., PST, August 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.
________________________________________
ALTERNATIVE EARTH RESOURCES INC. ("AER")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: August 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange (the 'Exchange') has accepted for filing a purchase and sale agreement dated August 5, 2014 (the 'Agreement'), among Alternative Earth Resources Inc. (the 'Company') and Ormat Nevada Inc. ('Ormat'). Pursuant to the Agreement, the Company will receive US$1,490,000 in exchange for the Company's 50% interest in the Crump Geyser project and a 100% interest in the Company's North Valley project.
Ormat also acquired an option in respect of the Company's New Truckhaven leases. Ormat must pay the Company US$10,000 to exercise the option in respect of the New Truckhaven leases.
Insider / Pro Group Participation: N/A
Please refer to the Company's news releases dated June 11, 2014, August 5, 2014 and August 27, 2014 for further information.
________________________________________
ANALYTIXINSIGHT INC. ("ALY")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: August 29, 2014
TSX Venture Tier 2 Company
Further to the bulletin dated May 27, 2014 with respect to a private placement of 2,662,999 units at $0.45 per unit TSX Venture Exchange has been advised that Global Securities Corporation will not be receiving a finder's fee. The following finder's fees are now payable:
| Finder's Fees: |
Blue Lakes Advisors SA (Thierry Moret, Jacques Berger, Philippe Schindler, Paolo Bernasconi) - $7,052.00 and 4,654 warrants that are exercisable into common shares at $0.70 per share for a one year period. |
| Jason Economides - 4,804 warrants that are exercisable into common shares at $0.70 per share for a one year period. |
|
| Thierry Moret – 3,994 warrants that are exercisable into common shares at $0.70 per share for a one year period. |
|
| Pascal Zahner – 531 warrants that are exercisable into common shares at $0.70 per share for a one year period. |
|
| Bruno Fanti – 1,688 warrants that are exercisable into common shares at $0.70 per share for a one year period. |
|
________________________________________
ANALYTIXINSIGHT INC. ("ALY")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: August 29, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletin dated December 24, 2013 with respect to a private placement of 5,468,650 units at $0.32 per unit, the "Brokered Private Placement" should have been identified as a "Non-Brokered Private Placement"
________________________________________
ATLANTA GOLD INC. ("ATG")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: August 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 9,006,692 shares to settle outstanding debt for $450,334.59.
Number of Creditors: 4 Creditors
Insider / Pro Group Participation:
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| James Gray |
Y |
$45,033.42 |
$0.05 |
900,668 |
| W. Warren Holmes |
Y |
$11,258.36 |
$0.05 |
225,167 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
ATLANTA GOLD INC. ("ATG")
BULLETIN TYPE: Shares for Bonuses, Amendment
BULLETIN DATE: August 29, 2014
TSX Venture Tier 2 Company
Further to our bulletin dated September 3, 2013 (copied below), and to the company's news release dated August 26, 2014, the Exchange has accepted an amendment to the loan agreement (the "Amended Agreement"). Pursuant to the Amended Agreement, the term of the warrants issued previously has been extended by one year from the initial expiry date.
________________________________________
ATORO CAPITAL CORP. ("TTO.H")
[formerly Atoro Capital Corp. ("TTO.P")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Reinstated for Trading
BULLETIN DATE: August 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 Tuesday, September 2, 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 September 2, 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 TTO.P to TTO.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 May 30, 2014, the Company has applied for reinstatement to trading.
Effective at the opening on Tuesday, September 2, 2014 trading will be reinstated in the securities of the Company (CUSIP 04962D 10 9).
_______________________________________
BIOASIS TECHNOLOGIES INC. ("BTI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 8, 2014:
| Number of Shares: |
1,694,477 shares |
| Purchase Price: |
$0.95 per share |
| Warrants: |
1,694,477 share purchase warrants to purchase 1,694,477 shares |
| Warrant Exercise Price: |
$1.20 for a one year period. The warrants are subject to an accelerated exercise provision in the event the volume weighted average trading price of the Company's shares is $1.40 for 10 consecutive trading days. |
| Number of Placees: |
26 placees |
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Robin B. Hutchison |
Y |
20,000 |
| Dr. Terry Pearson |
Y |
10,530 |
| Aggregate Pro-Group Involvement |
P |
250,000 |
| [2 placees] |
||
| Finder's Fee: |
Haywood Securities Inc. - $93,860.00 |
| PI Financial Corp. - $7,600.00 |
|
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.
________________________________________
BONTERRA RESOURCES INC. ("BTR")
BULLETIN TYPE: Consolidation
BULLETIN DATE: August 29, 2014
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders on December 19, 2013, the Company has consolidated its capital on a (20) twenty old for (1) one new basis. The name of the Company has not been changed.
Effective at the opening on Tuesday, September 2, 2014, the common shares of BonTerra Resources Inc. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mining' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 4,873,400 |
shares are issued and outstanding |
|
| Escrow |
Nil |
shares |
| Transfer Agent: |
Computershare Trust Company of Canada |
| Trading Symbol: |
BTR (UNCHANGED) |
| CUSIP Number: |
09852X305 (new) |
________________________________________
CADILLAC MINING CORPORATION ("CQX")
BULLETIN TYPE: Halt
BULLETIN DATE: August 29, 2014
TSX Venture Tier 2 Company
Effective at 1:01 p.m., PST, August 28, 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.
________________________________________
CADILLAC MINING CORPORATION ("CQX")
BULLETIN TYPE: Plan of Arrangement, Delist
BULLETIN DATE: August 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with arrangement agreement dated June 12, 2014 (the "Agreement") between Cadillac Mining Corporation ("Cadillac") and Pilot Gold Inc. ("Pilot"). Pursuant to the Agreement, each Cadillac common share was exchanged for 0.12195 of one common share in the capital of Pilot and 0.12195 of a common share purchase warrant of Pilot (each whole warrant, a "Pilot Warrant"). Each Pilot Warrant entitles the holder to acquire one Pilot common share at an exercise price of $2.00 for a period of two years from the closing of the plan of arrangement (the "Arrangement").
The Exchange has been advised that approval of the Arrangement by shareholders of Cadillac was received at a meeting of the shareholders held on August 22, 2014 and that approval of the Arrangement was received from the Supreme Court of British Columbia on August 26, 2014. The full particulars of the Arrangement are set forth in Cadillac's Information Circular dated July 17, 2014 which is available under Cadillac's profile on SEDAR.
Cadillac and Pilot closed the Arrangement on August 29, 2014.
Delisting:
In conjunction with the closing of the Arrangement, Cadillac has requested that its common shares be delisted. Accordingly, effective at the close of business, Friday, August 29, 2014, the common shares of Cadillac will be delisted from the Exchange.
Insider / Pro Group Participation: None
________________________________________
DUNDARAVE RESOURCES INC. ("DDX")
BULLETIN TYPE: Halt
BULLETIN DATE: August 29, 2014
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, August 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.
________________________________________
FIRST MOUNTAIN EXPLORATION INC. ("FMX")
[formerly First Mountain Exploration Ltd. ("FMX")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: August 29, 2014
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders May 15, 2014, the Company has consolidated its capital on a (2.5) two and one-half old for (1) one new basis. The name of the Company has also been changed as follows.
Effective at the opening on Tuesday, September 2, 2014, the common shares of First Mountain Exploration Inc. will commence trading on TSX Venture Exchange, and the common shares of First Mountain Exploration Ltd. will be delisted. The Company is classified as an 'Oil & Gas Exploration/Development' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 16,740,613 |
shares are issued and outstanding |
|
| Escrow: |
188,658 |
shares subject to escrow |
| Transfer Agent: |
Olympia Trust Company |
| Trading Symbol: |
FMX (UNCHANGED) |
| CUSIP Number: |
32105P101 (new) ISIN: CA32105P1018 |
________________________________________
GGL RESOURCES CORP. ("GGL")
BULLETIN TYPE: Consolidation
BULLETIN DATE: August 29, 2014
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders on August 14, 2013, 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, Tuesday, September 2, 2014, the shares of GGL Resources Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as an 'Exploration/Development' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 33,234,738 |
shares are issued and outstanding |
|
| Escrow |
Nil |
shares |
| Transfer Agent: |
Computershare Investor Services Inc. |
| Trading Symbol: |
GGL (UNCHANGED) |
| CUSIP Number: |
36171B201 (new) |
________________________________________
GRENVILLE GOLD CORP. ("GVG")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 29, 2014
TSX Venture Tier 2 Company
Further to the Exchange bulletin dated August 26, 2014, effective at the open on Tuesday, September 2, 2014, the shares of the Company will resume trading, an announcement having been made on Stockwatch on
August 27, 2014.
________________________________________
GULF SHORES RESOURCES LTD. ("GUL")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: August 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 400,000 shares to settle outstanding debt for $30,000.
Number of Creditors: 1 Creditor
Insider / Pro Group Participation:
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Michael Turko |
Y |
$30,000 |
$0.075 |
400,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
IMPERIAL EQUITIES INC. ("IEI")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: August 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has been advised by the Company that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated August 21, 2014, it may repurchase for cancellation, up to 477,257 shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange during the period August 29, 2014 to August 28, 2015. Purchases pursuant to the bid will be made by Canaccord Genuity Corp. Ltd. on behalf of the Company.
________________________________________
MANERA CAPITAL CORP. ("MEA.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 29, 2014
TSX Venture Tier 2 Company
Further to TSX Venture Exchange bulletin dated August 27, 2014, effective at the open, on Tuesday, September 2, 2014, shares of the Company will resume trading.
________________________________________
NORTHERN FRONTIER CORP. ("FFF") ("FFF.WT") ("FFF.WT.A")
BULLETIN TYPE: Prospectus-Unit Offering, New Listing-Warrants
BULLETIN DATE: August 29, 2014
TSX Venture Tier 1 Company
Effective August 22, 2014, the Company's Prospectus dated August 22, 2014 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Alberta and Ontario Securities Commissions on August 22, 2014. The prospectus has also been filed under Multilateral Instrument 11-102 Passport System in British Columbia, Saskatchewan, and Manitoba. 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 28, 2014, for gross proceeds of $20,001,450.
| Underwriters: |
Cormark Securities Inc. |
| Acumen Capital Finance Partners Limited |
|
| GMP Securities L.P. |
|
| M Partners Inc. |
|
| Offering: |
9,303,000 units ("Units") |
| Each Unit consists of common share of the Company and one common share purchase warrant ("Warrant"). |
|
| Unit Price: |
$2.15 per Unit |
| Warrant Exercise Price/Term: |
Each Warrant entitles the holder to acquire one common share at a price of $3.40 per common share until expiry at 5:00PM on February 28, 2016. |
| Underwriters' fee: |
6% of the gross proceeds |
| Greenshoe Option: |
The Underwriters may over-allot the Units in connection with this offering and the Company has granted to the Underwriters, an option to purchase an additional 1,395,450 Units, at $3,000,217.50 gross, any time up to the date that is 30 days following the date of closing. |
Listing of Warrants:
Effective at the opening, Tuesday, September 2, 2014, 9,303,000 warrants of the Company will commence trading on TSX Venture Exchange. The Company is classified as a 'Support Activities for Mining, and Oil and Gas Extraction' company.
| Corporate Jurisdiction: |
Alberta |
|
| Capitalization: |
Unlimited |
warrants with no par value of which |
| 9,303,000 |
warrants are issued and outstanding pursuant to a Second Supplemental Warrant Indenture dated August 28, 2014, to a Warrant Indenture dated September 12, 2013. |
|
| Transfer Agent: |
Alliance Trust Company |
|
| Trading Symbol: |
FFF.WT.A (New) |
|
| CUSIP Number: |
665159133 (New) |
|
The Warrants were distributed pursuant to the Company's Prospectus dated August 22, 2014. Each Warrant entitles the holder to acquire one common share at a price of $3.40 per common share until expiry at 5:00PM on February 28, 2016.
________________________________________
NV GOLD CORPORATION ("NVX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 29, 2014
TSX Venture Tier 2 Company
Effective at 10:15 a.m., PST, August 29, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
PETROMAROC CORPORATION PLC ("PMA")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: August 29, 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 Toronto to Calgary.
________________________________________
SATURN MINERALS INC. ("SMI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 15, 2014 and August 22, 2014:
| Number of Shares: |
5,000,000 flow through shares |
| Purchase Price: |
$0.20 per flow through share |
| Warrants: |
2,500,000 share purchase warrants to purchase 2,500,000 non-flow through shares |
| Warrant Exercise Price: |
$0.25 for an 18 month period |
| Number of Placees: |
1 placee |
| Finder's Fee: |
EMD Financial Inc. receives $60,000 |
| Caldwell Securities Ltd. receives 100,000 non-transferable warrants, each exercisable at a price of $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.]
________________________________________
SUNSET COVE MINING INC. ("SSM")
BULLETIN TYPE: Consolidation
BULLETIN DATE: August 29, 2014
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders on August 12, 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, Tuesday, September 2, 2014, the shares of Sunset Cove Mining 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 |
| 10,439,961 |
shares are issued and outstanding |
|
| Escrow |
nil |
shares |
| Transfer Agent: |
Computershare Trust Company of Canada |
| Trading Symbol: |
SSM (UNCHANGED) |
| CUSIP Number: |
867703 20 9 (new) |
________________________________________
URACAN RESOURCES LTD. ("URC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of an Option Agreement dated August 2014 between Uracan Resources Ltd. (the "Company") and Forum Uranium Corp. (the "Optionor") whereby the Company may acquire a 51% interest in the Clearwater Project (the "Property") located in Northern Saskatchewan. The consideration payable to the Optionor consists of:
| SHARES |
WORK EXPENDITURES |
|
| On approval |
300,000 shares and 150,000 warrants |
$Nil |
| Year 1 |
Nil |
$500,000 |
| Year 2 |
Nil |
$1,000,000 |
| Year 3 |
Nil |
$1,500,000 |
The Company can elect to earn an additional 19% interest in the Property (total 70% interest) by making an additional $3,000,000 in exploration expenditures within a two-year period following the date it earns its 51% interest. The Optionor will retain a 2% net smelter royalty (NSR) on the property, with the Company having the option to purchase 1% of the NSR for $1,000,000.
________________________________________
VANADIUMCORP RESOURCE INC. ("VRB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 29, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for expedited filing documentation with respect to a Non-Brokered Private Placement announced August 19, 2014:
| Number of Shares: |
370,000 flow-through shares |
| 1,800,000 non-flow-through shares |
|
| Purchase Price: |
$0.055 per non-flow-through share |
| $0.075 per flow-through share |
|
| Warrants: |
2,170,000 share purchase warrants to purchase 2,170,000 shares |
| Warrant Exercise Price: |
$0.10 for a three year period |
| Number of Placees: |
9 placees |
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| John Hewlett |
Y |
200,000 NFT |
| Finder's Fee: |
$1,800 payable to Canaccord Genuity Corp. |
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.
________________________________________
VENDETTA MINING CORP. ("VTT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Private Placement-Non-Brokered, Resume Trading
BULLETIN DATE: August 29, 2014
TSX Venture Tier 2 Company
Property-Asset or Share Purchase Agreement:
TSX Venture Exchange (the 'Exchange') has accepted for filing documentation pertaining to a call option agreement dated August 16, 2014 (the 'Agreement'), among Vendetta Mining Corp. (the 'Company') and Pegmont Mines Limited (the 'Vendor'). Pursuant to the Agreement, the Company has been granted the option to acquire a 100% in the Pegmont property, located in Australia (the 'Property').
Under the terms of the Agreement, consideration to earn a 100% interest in the Property is as follows:
| EXPLORATION |
||
| CASH |
EXPENDITURES |
|
| Within 2 days of Exchange approval |
AUS$250,000 |
- |
| (the 'Approval date') |
||
| Within 1 year of the Approval date |
AUS$250,000 |
AUS$800,000 (1) |
| Within 2 years of the Approval date |
AUS$500,000 |
AUS$800,000 (1) |
| Within 3 years of the Approval date |
AUS$750,000 |
AUS$800,000 (1) |
| Within 4 years of the Approval date |
AUS$1,250,000 |
- |
| Total |
AUS$3,000,000 |
AUS$2,400,000 |
(1) Exploration expenditures for the Property comprise a minimum of AUS$800,000/year or meeting minimum requirements by the State of Queensland (whichever is greater) by August 10th of each year during the first 3 years of the Agreement. In addition, the Company has agreed to reimburse Pegmont for AUS$300,000 of exploration expenses incurred during 2014 to date. These expenditures will be applied to the overall exploration expenditures under the Agreement.
In the event that the Company fulfills all of its obligations under the Agreement, the Company has agreed to pay an advance royalty to the Vendor of $3,000,000 as part of final transfer of the Property.
The Vendor will retain a 1.25% NSR.
Finder's fee of up to AUS$182,500 are payable in cash to Adrian Ryan pursuant to a finder's fee agreement.
Insider / Pro Group Participation: Not applicable.
For additional information please refer to the Company's news releases dated November 21, 2013, August 11, 2014 and August 27, 2014.
Private Placement-Non-Brokered
In addition, the Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 11, 2014:
| Number of Shares: |
8,653,771 shares |
| Purchase Price: |
$0.26 per share |
| Warrants: |
4,326,887 share purchase warrants to purchase 4,326,887 shares |
| Warrant Exercise Price: |
$0.35 for a three year period |
| Number of Placees: |
28 placees |
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Resource Capital Fund VI LP |
Y |
5,769,231 |
| Doug Ramshaw |
Y |
15,000 |
| Aggregate Pro Group Involvement |
P |
95,000 |
| [1 placee] |
||
| Finder's Fee: |
$7,966.40 payable to Canaccord Genuity Corp. |
| $13,104 payable to Primary Capital Inc. |
|
| $17,992 payable to National Bank Financial |
|
| $7,920.04 payable to Haywood Securities Inc. |
|
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.
Resume Trading:
Effective at the open, Tuesday, September 2, 2014, shares of the Company will resume trading.
________________________________________
NEX COMPANIES:
MEDITERRANEAN RESOURCES LTD. ("MNR.H")
BULLETIN TYPE: New Listing-Shares, Transfer and New Addition to NEX
BULLETIN DATE: August 29, 2014
NEX Company
Effective at the opening on Tuesday, September 2, 2014, the shares of the Company will commence trading on NEX.
The Company will be delisted from trading on Toronto Stock Exchange effective at the close on Friday, August 29, 2014. The Company no longer meets Toronto Stock Exchange minimum listing requirements and also has not yet met the requirements of a TSX Venture Tier 2 company.
As of the close on Friday, August 29, 2014, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.
The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market. The Company is classified as a 'Mining' company.
| Corporate Jurisdiction: |
British Columbia |
|
| Capitalization: |
Unlimited |
common shares with no par value of which |
| 142,190,355 |
common shares are issued and outstanding |
|
| Escrowed Shares: |
Nil |
common shares |
| Transfer Agent: |
Computershare |
| Trading Symbol: |
MNR.H |
| CUSIP Number: |
58501X 10 9 |
| Agent's Warrants: |
N/A |
| Company Contact: |
Robert Abenante, Chairman, President, CEO & Director; or, |
| Brigette M. McArthur, Corporate Secretary |
|
| Company Address: |
500 – 666 Burrard Street, Vancouver, BC, V6C 3P6 |
| Company Phone Number: |
604-669-3397 |
| Company Fax Number: |
N/A |
| Company Email Address: |
|
________________________________________
OPAL ENERGY CORP. ("OPA.H")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: August 29, 2014
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 6,000,000 shares to settle outstanding debt of $300,000.
Number of Creditors: 6 Creditors
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
REDQUEST CAPITAL CORP. ("RQM.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 29, 2014
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 13, 2014:
| Number of Shares: |
320,000 shares |
| Purchase Price: |
$0.05 per share |
| Number of Placees: |
2 placees |
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Guy Le Bel |
Y |
160,000 |
| Andre Le Bel |
Y |
160,000 |
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.
________________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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