VANCOUVER, Sept. 10, 2014 /CNW/ -
TSX VENTURE COMPANIES:
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: September 9, 2014
TSX Venture Companies
A Cease Trade Order has been issued by the British Columbia Securities Commission on September 9, 2014 against the following companies for failing to file the documents indicated within the required time period:
| Symbol |
Tier |
Company |
Failure to File |
Period |
| Ending |
||||
| (Y/M/D) |
||||
| GFV |
2 |
Greenflag Ventures Inc. |
Interim financial statements for the |
|
| financial period ended |
14/06/30 |
|||
| A Form 51-102F1 Management's |
||||
| Discussion and Analysis for the |
||||
| period ended |
14/06/30 |
|||
| WVR |
2 |
Wind River Energy Corp. |
Interim financial statements for the |
|
| financial period ended |
14/06/30 |
|||
| A Form 51-102F1 Management's |
||||
| Discussion and Analysis for the |
||||
| period ended |
14/06/30 |
|||
Upon revocation of the Cease Trade Order, the Companies' shares will remain suspended until the Companies meet TSX Venture Exchange requirements. Members are prohibited from trading in the securities of the Companies during the period of the suspension or until further notice.
________________________________________
49 NORTH RESOURCES INC. ("FNR") ("FNR.RT")
BULLETIN TYPE: Rights Offering-Units
BULLETIN DATE: September 10, 2014
TSX Venture Tier 1 Company
The Company has announced it will offer to Shareholders of record on September 19, 2014, Rights to purchase shares of the Company. One (1) Right will be issued for each share held. Four (4) Rights and $0.30 are required to purchase one Unit. The expiry date for the Rights Offering is October 28, 2014. As at September 5, 2014 the Company had 21,053,294 shares issued and outstanding.
Effective at the opening, Wednesday, September 17, 2014, the shares of the Company will trade Ex-Rights and the Rights will commence trading at that time on a 'when-issued basis'. The Company is classified as a 'Closed-End Investment Fund' company.
| Summary: |
|
| Basis of Offering: |
Four (4) Rights exercisable for One (1) Unit at $0.30 per Unit. |
| Record Date: |
September 19, 2014 |
| Shares Trade Ex-Rights: |
September 17, 2014 |
| Rights Called for Trading: |
September 17, 2014 |
| Rights Trade for Cash: |
October 23, 2014 |
| - Trading in the rights shall be for cash for the three trading days preceding the expiry date. |
|
| Rights Expire: |
October 28, 2014 |
| Rights Trading Symbol: |
FNR.RT |
| Rights CUSIP Number: |
34978T129 |
| Subscription Agent and Trustee: |
Alliance Trust Company |
| Authorized Jurisdiction(s): |
All provinces and territories of Canada |
For further details, please refer to the Company's Rights Offering Circular dated September 5, 2014.
The Company's Rights Offering Circular has been filed with and accepted by the all provinces and territories of Canada pursuant to the provisions of the respective Securities Acts.
________________________________________
BLACKBIRD ENERGY INC. ("BBI")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: September 10, 2014
TSX Venture Tier 2 Company
The TSX Venture Exchange Inc. (the "Exchange") has accepted documentation in connection with a purchase and sale agreement (the "Agreement") between Blackbird Energy Inc. ("Blackbird") and Delphi Energy Corp. ("Delphi") under which Blackbird has agreed to sell its 50% non-operated working interest in the Bigstone Project, consisting of 3.5 net sections (2,240 net acres) of land in Bigstone, Alberta, for total cash consideration of $8.8 million, subject to customary closing adjustments.
Insider / Pro Group Participation: Nil
For further information please see the news release dated August 15, 2014 which is available under Blackbird's profile on SEDAR.
________________________________________
BLACKDOG RESOURCES LTD. ("DOG")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 10, 2014
TSX Venture Tier 2 Company
Effective at the open, September 11, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
CANADIAN IMPERIAL VENTURE CORP ("CQV")
BULLETIN TYPE: Halt
BULLETIN DATE: September 10, 2014
TSX Venture Tier 2 Company
Effective at 7:16 a.m., PST, September 10, 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.
________________________________________
GREAT ATLANTIC RESOURCES CORP. ("GR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 10, 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 July 31, 2014, as amended August 25, 2014:
| Number of Shares: |
610,000 shares |
| Purchase Price: |
$0.17 per share |
| Warrants: |
610,000 share purchase warrants to purchase 610,000 shares |
| Warrant Exercise Price: |
$0.20 for a five year period |
| Number of Placees: |
4 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.
________________________________________
GREENBRIAR CAPITAL CORP. ("GRB")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 10, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the acquisition of a 50% membership interest in a Puerto Rico solar project from Alterra River Corp in consideration of U.S. $250,000 cash and the issuance of 684,000 units, each unit comprised of 1 share and 1 non-transferrable warrant exercisable at Cdn $2.00 per share for a 5 year period.
________________________________________
INTEMA SOLUTIONS INC. ("ITM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 10, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating the acquisition of various assets from an arm's length party in exchange for $150,000 cash payment, issuance of 1,304,347 common shares of the Company and three (3) convertible debentures. Each debenture has a principal amount of $100,000, is interest-free, has a term of five years and is convertible at a price per common share equal to the greater of either $0.115 or 85% of the last closing price of Intema's common shares as of the conversion date. The cash portion of the purchase price may be increased or decreased in 2017 by up to $50,000 based on the revenues that Intema earns from the portfolio of client contracts over the next three years.
For further information please refer to the Company's press release dated August 29, 2014.
INTEMA SOLUTIONS INC. (« ITM»)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 10 septembre 2014
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents concernant l'acquisition de divers actifs d'une transaction sans lien de dépendance, en contrepartie d'un paiement en espèces de 150 000 $, de l'émission de 1 304 347 actions de la société et l'émission de trois (3) débentures sans intérêt d'une durée maximale de cinq (5) ans chacune, au montant de 100 000$ chacune (pour un montant total de 300 000 $) et convertibles à un prix par action ordinaire égale au plus élevé des montants suivant : 0,115$ ou 85% du dernier cours de clôture des actions ordinaires d'intema à la date de la conversion. La portion en espèce du prix d'achat peut être augmentée ou diminuée en 2017 dans la limite de 50 000$ en fonction des revenus issus de ce portefeuille de clients au cours des trois prochaines années.
Pour plus d'information, veuillez-vous référer au communiqué de presse émis par la société le 29 août 2014.
_______________________________________
QUARTET RESOURCES LIMITED ("QRL.P")
BULLETIN TYPE: Halt
BULLETIN DATE: September 10, 2014
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, September 10, 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.
________________________________________
SCORPION RESOURCES INC. ("SR.P")
BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction within 24 months of Listing
BULLETIN DATE: September 10, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated August 7, 2014, effective at the open, Thursday, September 11, 2014 trading in the shares of the Company will be suspended, the Company having failed to complete a Qualifying Transaction within 24 months of its listing.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
_______________________________________
SELWYN RESOURCES LTD. ("SWN")
BULLETIN TYPE: Halt
BULLETIN DATE: September 10, 2014
TSX Venture Tier 1 Company
Effective at 5:16 a.m., PST, September 10, 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.
________________________________________
SELWYN RESOURCES LTD. ("SWN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 10, 2014
TSX Venture Tier 1 Company
Effective at 12:15 p.m., PST, September 10, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
SNIPER RESOURCES LTD. ("SIP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 10, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 9, 2014:
| Number of Shares: |
1,700,000 shares |
| Purchase Price: |
$0.05 per share |
| Warrants: |
1,700,000 share purchase warrants to purchase 1,700,000 shares |
| Warrant Exercise Price: |
$0.10 for a two year period |
| $0.25 in years 3,4 and 5 |
|
| Number of Placees: |
6 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
________________________________________
TRIGOLD RESOURCES INC. ("TGD")
BULLETIN TYPE: Halt
BULLETIN DATE: September 10, 2014
TSX Venture Tier 2 Company
Effective at 10:30 a.m., PST, September 10, 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.
________________________________________
WPC RESOURCES INC. ("WPQ")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: September 10, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 700,000 shares to settle outstanding debt for $120,000.
| Number of Creditors: |
2 Creditors |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| W.K. Crichy Clark |
Y |
$60,000 |
$0.17 |
350,000 |
| Al Fabbro |
Y |
$60,000 |
$0.17 |
350,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
NEX COMPANIES:
CASPIAN ENERGY INC. ("CKZ.H")
BULLETIN TYPE: Resume Trading, Reviewable Transaction-Announced
BULLETIN DATE: September 10, 2014
NEX Company
Effective at the open, Thursday, September 11, 2014, trading in the Company's shares will resume.
This resumption of trading does not constitute acceptance of the Reviewable Transaction, and should not be construed as an assurance of the merits of the transaction or the likelihood of completion. The Company is required to submit all of the required initial documentation relating to the transaction. IF THIS DOCUMENTATION IS NOT PROVIDED, OR IS INSUFFICIENT, A TRADING HALT MAY BE RE-IMPOSED.
Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange acceptance. There is a risk that the transaction will not be accepted or that the terms of the transaction may change substantially prior to acceptance. SHOULD THIS OCCUR, A TRADING HALT MAY BE RE-IMPOSED.
________________________________________
ENERDYNAMIC HYBRID TECHNOLOGIES CORP. ("EHT")
[formerly MCM Capital One Inc. ("ZGN.H")]
BULLETIN TYPE: Qualifying Transaction-Completed, Reinstated for Trading, Graduation from NEX to TSX Venture, Symbol Change, Private Placement-Brokered, Private Placement-Brokered, Convertible Debentures, Name Change
BULLETIN DATE: September 10, 2014
NEX Company
Qualifying Transaction:
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction ("QT") described in its Filing Statement dated August 20, 2014. As a result, at the opening on Thursday, September 11, 2014, the Company will no longer be considered as a Capital Pool Company.
The QT consists of the acquisition of all the issued and outstanding securities of Enerdynamic Hybrid Technologies Inc. ("EHT") through the issuance of the following securities:
- 33,899,446 common shares of the Company to EHT's shareholders at a deemed issue price of $0.215 per share;
- 21,170,000 common shares of the Company to EHT's shareholders at a deemed issue price of $0.25per share, issued pursuant to a recent financing completed by EHT (see the details below);
- 25,170,000 replacement warrants to EHT's warrant holders;
- 2,517,000 replacement broker warrants to EHT's broker warrant holders; and
- 4,000,000 common shares to EHT's debenture holders, at a deemed issue price of $0.50 per share, pursuant to the conversion of a total of $2,000,000 of capital of Convertible Debentures issued pursuant to a recent financing completed by EHT (see the details below).
A total of 33,580,955 common shares and 4,000,000 warrants issued to EHT's security holders are escrowed pursuant to an Exchange Tier 1 Value Escrow Agreement.
The Company is classified as a "Power and Communication Line Related Structures Construction" Issuer (NAICS Number 237130).
For further information, please refer to the Company's Filing Statement dated August 20, 2014, available on SEDAR.
Reinstated for trading:
Further to TSX Venture Exchange Bulletin dated January 27, 2014, the Company has now completed its Qualifying Transaction.
Effective at the opening, Thursday, September 11, 2014, trading will be reinstated in the securities of the Resulting Issuer (Enerdynamic Hybrid Technologies Corp.) (CUSIP: 29272D101).
Graduation from NEX to TSX Venture, Symbol Change,
The Company has met the requirements to be listed as a TSX Venture Tier 1 Company. Therefore, effective on Thursday, September 11, 2014, the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 1 and the Filing and Service Office will change from NEX to Toronto.
Effective at the opening on Thursday, September 11, 2014, the trading symbol for the Company will change from "ZGN.H" to "EHT".
Private Placement- Brokered:
TSX Venture Exchange has accepted for filing the documentation with respect to a Brokered Private Placement completed by EHT in connection with the Qualifying Transactions announced on January 24, 2014, April 21, 2014, April 30, 2014 and June 23, 2014:
| Number of Shares: |
21,170,000 common shares |
|
| Purchase Price: |
$0.25 per common share |
|
| Warrants: |
21,170,000 warrants to purchase 21,170,000 common shares. |
|
| Warrant Exercise Price: |
$0.50 per share for the first 12 months period and $0.75 per |
|
| shares from the initial 12 months period to the 24-month period. |
||
| Number of Placees: |
48 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
Number |
|
| Name |
Pro Group=P |
of Shares |
| Rob Fia |
Y & P |
50,000 |
| Agent's Commission: |
A cash commission of 7.5% of the gross proceeds has been |
|
| paid to Kingsdale Capital Market. In addition, Kingsdale |
||
| Capital Market received a total of 2,117,000 warrants to |
||
| purchase 2,117,000 units at a price of $0.25 per unit for a |
||
| 24-month period. Finally, Kingsdale Capital Market received |
||
| a total of 1,082,538 shares as advisory fees. |
||
The Company has confirmed the closing of the above-mentioned Private Placement.
Private Placement-Brokered, Convertible Debentures
TSX Venture Exchange has accepted for filing the documentation with respect to a Brokered Private Placement by way of a Convertible Debentures completed by EHT in connection with the Qualifying Transactions announced on September 2, 2014:
| Convertible Debentures: |
$2,000,000 |
| Conversion Price: |
Convertible into common shares at a conversion price of $0.50 per share. |
| Warrants: |
N/A |
| Maturity date: |
12 months |
| Interest Rate: |
6% |
| Number of Placees: |
11 placees |
| Insider / Pro Group Participation: |
N/A |
| Agent: |
Kingsdale Capital Market. |
| Agent's Fee: |
$150,000 in cash and Agent's Warrants to purchase a total of 400,000 common shares at an exercise price of $0.50 during a period of two years following the closing of the Private Placement. |
The Company has confirmed the closing of the above-mentioned Private Placement and all Convertible Debentures have been converted into shares of the Resulting Issuer at the closing of the Qualifying Transaction.
Name Change:
Pursuant to a special resolution passed by shareholders on March 20, 2014, the Company has changed its name from "MCM Capital One Inc." to "Enerdynamic Hybrid Technologies Corp". There is no consolidation of capital.
Effective at the opening on Thursday, September 11, 2014, the common shares of "Enerdynamic Hybrid Technologies Corp." will commence trading on TSX Venture Exchange, and the common shares of "MCM Capital One Inc." will be delisted.
| Capitalization: |
Unlimited common shares with no par value of which |
|
| 62,369,446 shares are issued and outstanding. |
||
| Escrow: |
34,755,955 common shares, 4,000,000 warrants and |
|
| 75,375 Incentive Options, of which 25% are released |
||
| at the date of this bulletin. |
||
| Transfer Agent: |
Valiant Trust Company |
|
| Trading Symbol: |
EHT |
(new) |
| CUSIP Number: |
29272D101 |
(new) |
TSX Venture Exchange has been advised that the above transactions have been completed.
| Company Contact: |
Mr. John Gamble, CEO |
| Company Address: |
1110 Hansler Road, Welland, Ontario, L3C 7M5 |
| Company Phone Number: |
(289) 488-1699 |
| Company Fax Number: |
(289) 488-1698 |
| E-mail Address: |
|
| Company Web Site: |
|
____________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
Share this article