VANCOUVER, Sept. 15, 2014 /CNW/ -
TSX VENTURE COMPANIES:
ARIANNE PHOSPHATE INC. ("DAN")
BULLETIN TYPE: Halt
BULLETIN DATE: September 15, 2014
TSX Venture Tier 2 Company
Effective at 5:43 a.m., PST, September 15, 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.
________________________________________
ARROWSTAR RESOURCES LTD. ("AWS")
BULLETIN TYPE: Consolidation; Reinstated for Trading
BULLETIN DATE: September 15, 2014
TSX Venture Tier 2 Company
Consolidation
Pursuant to a special resolution passed by shareholders on July 28, 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 Tuesday, September 16, 2014, the common shares of Arrowstar Resources Ltd. 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 |
| 6,984,470 |
shares are issued and outstanding |
|
| Escrow |
nil |
shares |
| Transfer Agent: |
Computershare Investor Services Inc. |
|
| Trading Symbol: |
AWS |
(UNCHANGED) |
| CUSIP Number: |
04281R201 |
(new) |
Reinstated for Trading
Further to the TSX Venture Exchange Bulletin dated May 8, 2014, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission dated May 8, 2014 has been revoked.
Effective at the opening on Tuesday, September 16, 2014, trading will be reinstated in the securities of the Company (CUSIP 04281R201).
________________________________________
CANAMAX ENERGY LTD ("CAC.WT")
BULLETIN TYPE: New Listing-Warrants
BULLETIN DATE: September 15, 2014
TSX Venture Tier 2 Company
Effective at the opening on Tuesday, September 16, 2014, the warrants of the Company will commence trading on TSX Venture Exchange. The Company is classified as an 'Oil & Gas Exploration/Development' company.
| Corporate Jurisdiction: |
Alberta |
|
| Capitalization: |
7,951,514 |
warrants are issued and outstanding |
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
CAC.WT |
|
| CUSIP Number: |
13710X127 |
|
The warrants were issued pursuant to various transactions, including private placements conducted by the Company. Warrants entitle the holder to purchase one share at a price of $2.40 per share and will expire on Wednesday, March 31, 2016.
________________________________________
CATALYST COPPER CORP. ("CCY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 15, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 29, 2014:
| Number of Shares: |
2,100,000 shares |
|
| Purchase Price: |
$0.30 per share |
|
| Warrants: |
2,100,000 share purchase warrants to purchase 2,100,000 shares |
|
| Warrant Exercise Price: |
$0.40 for a three year period |
|
| Number of Placees: |
4 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Augusta Investments Inc. |
||
| (Richard Warke) |
Y |
700,000 |
| Radcliffe Foundation |
||
| (Frank Giustra) |
Y |
700,000 |
| Ian Telfer |
Y |
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.
________________________________________
CHC REALTY CAPITAL CORP. ("CHC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 15, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a purchase and sale agreement (the "Agreement") dated May 28, 2014 between an arm's length party (the "Vendor") and CHC Realty Capital Corp. (the "Company"). Pursuant to the Agreement, the Company has acquired land and two 8 storey apartment buildings located in Windsor, Ontario.
As consideration, the Company paid the Vendor $5.9 million.
For more information, refer to the Company's news release dated September 11, 2014
________________________________________
EARTHWORKS INDUSTRIES INC. ("EWK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 15, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation with respect to a Non-Brokered Private Placement announced July 8, 2014:
| Number of Shares: |
1,850,000 shares |
| Purchase Price: |
$0.10 per share |
| Warrants: |
1,850,000 share purchase warrants to purchase 1,850,000 shares |
| Warrant Exercise Price: |
$0.20 for a two year period |
| 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.
________________________________________
ELCORA RESOURCES CORP. ("ERA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 15, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement announced on August 6, 2014:
| Number of Shares: |
2,582,643 common shares |
|
| Purchase Price: |
$0.35 per common share |
|
| Warrants: |
2,582,643 warrants to purchase 2,582,643 common shares |
|
| Warrants Exercise Price: |
$0.43 per share for a period of 18 months |
|
| Number of Placees: |
29 placees |
|
| Insider =Y |
Number |
|
| Name |
Pro Group = P |
of Shares |
| Aggregate Pro-Group |
||
| Involvement [4 placees] |
P |
470,000 |
| Finders' Fees: |
CIBC Wood Gundy and Richardsons GMP received an aggregate |
|
| of $42,178 in cash and 61,438 non-transferable warrants to |
||
| purchase 61,438 common shares at an exercise price of $0.43 |
||
| per share for 18 months. |
||
The Company has confirmed the closing of the above-mentioned Private Placement by way of news releases dated August 27, 2014 and September 11, 2014.
_______________________________________
GALE FORCE PETROLEUM INC. ("GFP")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: September 15, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation of the Company relating to the arm's length sale of an 81% working interest in its properties in Henderson and Anderson Counties, Texas as well as its 90% interest in a 4-mile natural gas gathering system on the properties, for an aggregate selling price of US$5,850,000. Per the terms of the purchase and sale agreement, US$567,000 of the purchase price will be held in escrow for sixty days following closing, or longer, if there are any titles or environmental issues to be resolved.
For more information, please refer to the Company's press releases dated July 24, 2014 and August 27, 2014.
_______________________________________
GALE FORCE PETROLEUM INC. ("GFP")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: September 15, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to the issuance of 236,114 common shares at a deemed issue price of $0.07363 per share, as payment of a finder's fee associated with the disposition of non-core properties in East Texas, for an aggregate selling price of US$2.15 million. The total finder's fee paid was US$93,000, comprised of US$77,000 cash and US$16,000 in common shares.
For further information, please refer to the Company's news releases dated May 29, 2014 and September 10, 2014.
________________________________________
KALLISTO ENERGY CORP. ("KEC")
BULLETIN TYPE: Halt
BULLETIN DATE: September 15, 2014
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, September 15, 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.
________________________________________
KALLISTO ENERGY CORP. ("KEC")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 15, 2014
TSX Venture Tier 2 Company
Effective at 11:00 a.m., PST, September 15, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
LAMELEE IRON ORE LTD. ("LIR")
BULLETIN TYPE: Prospectus-Unit Offering
BULLETIN DATE: September 15, 2014
TSX Venture Tier 2 Company
The Company's Prospectus dated July 22, 2014, was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Alberta, British Columbia, Saskatchewan, Manitoba, Ontario and Autorité des marchés financiers du Québec pursuant to the provisions of the Alberta, British Columbia, Saskatchewan, Manitoba, Ontario and Québec Securities Act.
| Agent: |
Secutor Management Corporation |
| Offering: |
The offering consists of a minimum offering of $2,000,000 and a maximum offering of $6,000,000 consisting of a maximum of 46,153,846 units at a price of $0.13 per unit or a maximum of 40,000,000 flow-through common shares at a price of $0.15 per flow-through share. Each unit consists of one common share and one-half of a common share purchase warrant. Each whole warrant entitles its holder to purchase one additional non-flow through common share at an exercise price of $0.19 for a period of 18 months from the date of closing of the offering. |
| Offering Price: |
$0.13 per unit and $0.15 per flow-through common share. |
| Warrant Exercise Price: |
$0.19 per Share during a period of 18 months. |
| Agent's Fee: |
6% in cash of the gross proceeds from the sale of the offering and a number of non-transferable compensation options to purchase a number of shares equal to 6% of the number of units and flow-through shares sold at the exercise price of $0.15 per share during a period of 18 months. |
| Over-Allotment Option: |
The Company granted to the agent an option to purchase additional units and flow-through shares, on the same terms as the units and flow-through shares offered under the offering, in a maximum number equal to 15% of the number of units and flow-through shares sold pursuant to the offering for a period of 30 days from the closing date of the offering. |
The Company has confirmed the closing of the public offering by means of news release dated July 30, 2014. The aggregate gross proceeds received by the Company for the Offering is $2,001,750.82 (2,040,004 units at $0.13 per unit and 11,577,002 flow-through common shares at $0.15 per flow-through share).
LAMELEE MINERAIS DE FER LTEE (« LIR »)
TYPE DE BULLETIN : Émission d'unités par prospectus
DATE DU BULLETIN : Le 15 septembre 2014
Société du groupe 2 de TSX Croissance
Le prospectus de la société daté du 22 juillet 2014 a été déposé et accepté par la Bourse de croissance TSX et a été déposé et visé par l'Autorité des marchés financiers et les Commissions des valeurs mobilières de l'Alberta, la Colombie-Britannique, la Saskatchewan, le Manitoba, l'Ontario, en vertu des dispositions des Lois sur les valeurs mobilières du Québec, l'Alberta, la Colombie-Britannique, la Saskatchewan, le Manitoba et l'Ontario.
| Agent : |
Secutor Management Corporation |
| Offre : |
Le placement consiste en un placement minimal de 2 000 000 $ et un maximal de 6 000 000 $ constitué d'un nombre maximal de 46 153 846 unités au prix de 0,13 $ l'unité ou un maximal de 40 000 000 actions ordinaires accréditives au prix de 0,15 $ par action accréditive. Chaque unité est composée d'une action ordinaire et d'un demi bon de souscription d'action ordinaire de la société. Chaque bon de souscription entier confère à son porteur le droit d'acquérir une action ordinaire non accréditive au prix d'exercice de 0,19 $ pendant la période de 18 mois qui suit la date de clôture du placement. |
| Prix de l'offre: |
0,13 $ par unité et 0,15 $ par action accréditive |
| Prix d'exercice des bons: |
0,19 $ par action durant une période de 18 mois. |
| Commission à l'agent : |
6 % en espèces du produit brut et des options de rémunération non-transférables permettant de souscrire un nombre d'actions correspondant à 6 % du nombre total d'unités et d'actions accréditives émises au prix de 0,15 $ par action durant une période de 18 mois. |
| Option d'attribution excédentaire : |
Une option fut octroyée à l'agent lui permettant de souscrire à des unités et des actions accréditives, selon les mêmes modalités que l'offre, correspondant à 15 % du nombre d'unités et d'actions accréditives vendues aux termes du placement, pendant une période de 30 jours suivant la clôture du placement. |
La société a confirmé la clôture de l'appel public à l'épargne dans le communiqué de presse du 30 juillet 2014. Le produit brut reçu par la société en vertu de l'appel public à l'épargne est 2 001 750,82 $ (2 040 004 unités au prix de 0,13 $ par unité et 11 577 002 actions accréditives au prix de 0,15 $ par action accréditive).
_______________________________________
LAS VEGAS FROM HOME.COM ENTERTAINMENT INC. ("LVH")
BULLETIN TYPE: Warrant Price Amendment, Warrant Term Extension
BULLETIN DATE: September 15, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the reduction in the exercise price and extension of term for the following warrants:
| Private Placement: |
|
| # of Warrants: |
3,125,000 (post 8:1 consolidation) |
| Original Exercise Price of Warrants: |
$0.80 (post consolidation) |
| New Exercise Price of Warrants: |
$0.16 |
| Original Expiry Date of Warrants: |
October 10, 2014 |
| New Expiry Date of Warrants: |
October 10, 2016 |
These warrants were issued pursuant to a Temporary Relief private placement of 25,000,000 (pre consolidation) shares with 25,000,000 share purchase warrants attached, which was accepted for filing by the Exchange effective October 16, 2012.
________________________________________
ONECAP INVESTMENT CORPORATION ("OIC.P")
BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction within 24 months of Listing
BULLETIN DATE: September 15, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated August 13, 2014, effective at the open, Tuesday, September 16, 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.
________________________________________
PARK LAWN CORPORATION ("PLC")
BULLETIN TYPE: Prospectus-Share Offering
BULLETIN DATE: September 15, 2014
TSX Venture Tier 1 Company
Effective August 6, 2014, the Company's Short Form Prospectus dated August 6, 2014, was filed with and accepted by TSX Venture Exchange (the "Exchange"), and filed with and receipted by the British Columbia, Alberta, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador and Ontario Securities Commissions, pursuant to the provisions of the respective Securities Acts.
TSX Venture Exchange has been advised that closing occurred on August 21, 2014, for gross proceeds of $6,507,500.
| Underwriters: |
Mackie Research Capital Corporation and Richardson GMP Limited |
| Offering: |
685,000 shares (plus an additional 102,750 shares issued pursuant to the Underwriter's over-allotment option). |
| Share Price: |
$9.50 per share |
| Underwriter's Fee: |
A fee equal to 6% of the proceeds from shares sold |
| Over-Allotment Option: |
The Underwriters have fully exercised their over-allotment option for an additional 15% of that number of shares sold pursuant to the offering (102,750 shares). The above noted Agents' Fees are also applicable to the Over-Allotment Option. |
________________________________________
PARKSIDE RESOURCES CORPORATION ("PKS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 15, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a purchase option agreement dated August 4, 2014 (the 'Agreement') between the Company and Karl Bjorkman, Steven Siemieniuk, William Roberts, Jason Shaver and Garry Clark (collectively the 'Optionors'). Pursuant to the terms of the Agreement, the Company will acquire a 100% interest in the Wiggle Creek Property and the Savant Property, both located near Thunder Bay, Ontario (collectively the 'Property'). By way of consideration, the Company will make cash payments totalling $100,000 over a four-year period and will issue 400,000 shares at a deemed price of $0.05 per share and 400,000 warrants on closing. The warrants will be exercisable for three years at a price of $0.05 in the first year, $0.10 in the second year and $0.15 in the third year. The Property is subject to a 2% NSR is favour of the Optionors, of which 1% may be repurchased by the Company for $1,000,000.
Please refer to the Company's news release dated August 20, 2014 for further details.
________________________________________
QUATERRA RESOURCES INC. ("QTA")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: September 15, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Sale and Purchase Agreement dated September 10, 2014 between the Company, two of its wholly owned subsidiaries, Quaterra Alaska, Inc. and Southwest Tintic, LLC and Freeport-McMoRan Mineral Properties Inc. with respect to the sale of 3 non-core assets as follows:
- Southwest Tintic, Utah. An earn-in agreement executed in 2009 and amended in 2012 that allows Freeport to earn a 70% interest with the Company retaining a 30% participating interest.
- Butte Valley, Nevada. The Company sold its interest to Freeport in 2012, but retains the right at the time Freeport completes a positive feasibility study to either participate at 30% or take a 2% NSR Royalty.
- Cave Peak, Texas. An earn-in agreement executed in 2010 and amended in 2012 allows Freeport to earn a 70% interest with the Company retaining a 30% participating interest.
Consideration to be received is an aggregate of US$5,000,000 of which US$1,000,000 is payable upon closing with the balance payable in quarterly increments of US$500,000 each commencing January 1, 2014., In addition, the Company will issue to Freeport 19,000,000 non-transferable share purchase warrants upon closing of which 3,800,000 warrants to vest upon closing, and 1,900,000 warrants will vest and will be thereafter exercisable upon each quarterly payment of the balance of the purchase price. The warrants are exercisable into common shares at US$0-.16 per share for a term of five years from the closing date.
________________________________________
RENAISSANCE OIL CORP. ("ROE")("ROE.WT")
[formerly San Antonio Ventures Inc. ("SAN")("SAN.WT")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: September 15, 2014
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders on September 12, 2014, San Antonio Ventures Inc. (now 'Renaissance Oil Corp.' – the 'Company') has consolidated its capital on a two (2) old for one (1) new basis. The name of the Company has also been changed as follows.
Effective at the opening on Tuesday, September 16, 2014, the common shares and warrants of Renaissance Oil Corp. will commence trading on TSX Venture Exchange on a consolidated basis and the common shares and warrants of San Antonio Ventures Inc. will be delisted. The Company is classified as a 'Mining' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 47,153,469 |
shares are issued and outstanding |
|
| 19,166,666 |
warrants are issued and outstanding |
|
| Escrow: |
13,079,922 |
escrowed shares |
| Transfer Agent: |
Computershare Investor Services Inc. |
|
| Trading Symbol: |
ROE |
(new) |
| CUSIP Number: |
75973C108 |
(new) |
| Warrants: |
ROE.WT |
(new) |
| CUSIP Number |
75973C116 |
(new) |
The strike price of each warrant is $0.50 on a post-consolidated basis. Each warrant entitles the holder to purchase one common share of the Company and will expire on Wednesday, July 31, 2019.
Refer to the Company's news release dated September 15, 2014 for further information.
________________________________________
VISCOUNT MINING CORP. ("VML")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 15, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of an Option Agreement dated August 13, 2014 between Viscount Mining Corp. (the "Company") and David and Debra Knight Living Trust (the "Vendor") whereby the Company may acquire a 100% interest in mineral claims known as the Silver Cliff Property (the "Property") located in the State of Colorado. To exercise the option, Viscount must make cash payments in the aggregate amount of US$3,000,000 over a period of up to 13 years, and issue a total of 200,000 of each of its common shares and common share purchase warrants to the Vendor, which securities will be released in equal stages over a four-year period following receipt of Exchange approval. The warrants will be exercisable at a price of the greater of $0.20 cents or the Market Price at the time of issuance for a period of three years.
At the time of commencement of commercial production on the Property, the Vendor will be granted an additional 500,000 shares and warrants of the Company, and will retain a 2% net smelter returns royalty. The NSR royalty is subject to a buyback right in favour of the Company at any time prior to commencement of commercial production on any particular deposit, to repurchase 1% of the NSR royalty from the Vendor. The purchase price for such buyback will be an amount equal to the value of 0.5 per cent of all commercially minable, and proven and probable reserves on the subject deposit determined pursuant to a National Instrument 43-101-compliant feasibility study, with the mineral price to be based on the 30-day average price prior to the Company giving notice of the intended NSR royalty repurchase.
A finder's fee of up to 500,000 common shares (10,000 shares payable in the first year) is payable to Kingsmere Mining Ltd. (Gary McKay).
________________________________________
VISIONSTATE CORP. ("VIS")
[formerly CSM Systems Corp. ("CKX")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: September 15, 2014
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders on June 8, 2014, the Company has consolidated its capital on a four (4) old for one (1) new basis. The name of the Company has also been changed as follows.
Effective at the opening on Tuesday, September 16, 2014, the common shares of Visionstate Corp. will commence trading on TSX Venture Exchange, and the common shares of CSM Systems Corp. will be delisted. The Company is classified as an 'Internet Commerce' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 16,068,400 |
shares are issued and outstanding |
|
| Escrow: |
Nil |
Escrowed shares |
| Transfer Agent: |
Computershare Investor Services Inc. |
|
| Trading Symbol: |
VIS |
(new) |
| CUSIP Number: |
92836B102 |
(new) |
________________________________________
NEX COMPANY:
KIRKCALDY CAPITAL CORP. ("KRK.H")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: September 15, 2014
NEX Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated September 8, 2014, effective at 11:21 a.m. September 15, 2014, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding a Qualifying Transaction pursuant to TSXV Listings Policy 2.4. This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange, pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.
________________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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