VANCOUVER, Nov. 6, 2014 /CNW/ -
TSX VENTURE COMPANIES:
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: November 5, 2014
TSX Venture Companies
A Cease Trade Order has been issued by the British Columbia Securities Commission on November 5, 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) |
||||
ISS |
2 |
International Samuel Exploration |
A comparative financial statement |
|
Corp. |
for its financial year ended |
14/06/30 |
||
A Form 51-102F1 Management's |
||||
Discussion and Analysis for the |
||||
period ended |
14/06/30 |
|||
KDR |
2 |
KDR Industrials Ltd. |
A comparative financial statement |
|
for its financial year ended |
14/06/30 |
|||
A Form 51-102F1 Management's |
||||
Discussion and Analysis for the |
||||
period ended |
14/06/30 |
|||
NDX |
2 |
NovaDX Ventures Corp. |
A comparative financial statement |
|
for its financial year 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.
________________________________________
BAYSWATER URANIUM CORPORATION ("BYU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 6, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced October 15, 2014:
Number of Shares: |
1,140,000 shares |
Purchase Price: |
$0.05 per share |
Warrants: |
1,140,000 share purchase warrants to purchase 1,140,000 shares |
Warrant Exercise Price: |
$0.10 for a two year period |
Number of Placees: |
2 placees |
Finder's Fee: |
Robson Capital Partners Corp. (Ryan Cheung) receives $4,560 and 91,200 non-transferable warrants, each exercisable for one share at a price of $0.10 per share for a two year 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.]
________________________________________
CADAN RESOURCES CORPORATION ("CXD")
BULLETIN TYPE: Halt
BULLETIN DATE: November 6, 2014
TSX Venture Tier 2 Company
Effective at 9:28 a.m., PST, November 6, 2014, trading in the shares of the Company was halted for failure to maintain Exchange requirements. 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.
________________________________________
CANASIL RESOURCES INC. ("CLZ")
BULLETIN TYPE: Warrant Price Amendment
BULLETIN DATE: November 6, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the reduction in the exercise price of the following warrants:
Private Placement:
# of Warrants: |
1,972,000 |
Expiry Date of Warrants: |
December 6, 30 and February 17, 2015 |
Forced Exercise Provision: |
If the closing price for the Company's shares is $0.10 |
or greater for a period of 10 consecutive trading days, |
|
then the warrant holders will have 30 days to exercise |
|
their warrants; otherwise the warrants will expire on |
|
the 31st day. |
|
Original Exercise Price of Warrants: |
$0.15 |
New Exercise Price of Warrants: |
$0.08 |
These warrants were issued pursuant to a private placement of 4,440,000 shares with 2,220,000 share purchase warrants attached, which was accepted for filing by the Exchange effective on February 26, 2014.
________________________________________
CMC METALS LTD. ("CMB")
BULLETIN TYPE: Warrant Term Extension and Warrant Price Amendment
BULLETIN DATE: November 6, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletin dated November 5, 2014, the following should read as follows:
New Exercise Price of Warrants: |
$0.06 |
All other details remain unchanged.
________________________________________
DECADE RESOURCES LTD. ("DEC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 6, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 9, 2014:
Number of Shares: |
423,076 shares |
Purchase Price: |
$0.13 per share |
Number of Placees: |
1 placee |
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.
________________________________________
EQUITORIAL EXPLORATION CORP. ("EXX")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: November 6, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 275,862 bonus warrants to an arms-length lender in consideration of a $100,000 loan. Each warrant is exercisable into one common share at $0.25 for one year from date of issue. The loan matures one year from the date of issuance and pays 8% interest per annum.
________________________________________
GOLDBANK MINING CORPORATION ("GLB")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: November 6, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the purchase agreement (the "Purchase Agreement") dated July 24, 2014 between the Goldbank Mining Corporation (the "Company"), and Ultra Resource Corp. ("Ultra"). As agreed upon in the Purchase Agreement, Ultra will acquire the Company's 51% interest in the Property subject to a 2.5% Net Smelter Royalty ("NSR") in favour of the original Property vendors.
For Ultra to acquire the 51% interest in the Property, they must issue 2,200,000 shares in Ultra to the Company within 10 days of Exchange acceptance of the transaction and pay cash consideration of $250,000 by June 1, 2016.
The transaction is arms length.
For further information, please see the Company's news release dated July 24, 2014.
________________________________________
NORTHWEST INTERNATIONAL HEALTHCARE PROPERTIES REIT ("MOB.UN") ("MOB.DB") ("MOB.DB.A") ("MOB.DB.B")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 6, 2014
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, November 6, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
RAINY MOUNTAIN ROYALTY CORP. ("RMO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 6, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 31, 2014:
Number of Shares: |
1,575,000 shares |
|
Purchase Price: |
$0.065 per share |
|
Warrants: |
1,575,000 share purchase warrants to purchase 1,575,000 shares |
|
Warrant Exercise Price: |
$0.10 for a two year period |
|
Number of Placees: |
3 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Criterion Capital Corporation |
||
(Douglas Mason) |
Y |
500,000 |
Aggregate Pro Group |
||
Involvement [1 placee] |
P |
1,000,000 |
Finder's Fee: |
$6,500 is payable to PI Financial 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.
________________________________________
RED EAGLE MINING CORPORATION ("RD")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: November 6, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
# of Warrants: |
3,375,000 |
Original Expiry Date of Warrants: |
February 12, 2015 |
New Expiry Date of Warrants: |
June 28, 2016 |
Exercise Price of Warrants: |
$0.25 |
These warrants were issued pursuant to a pre-IPO private placement of 4,500,000 shares with 4,500,000 share purchase warrants attached.
________________________________________
ROCK TECH LITHIUM INC. ("RCK")
BULLETIN TYPE: Shares for Debt, Remain Halted
BULLETIN DATE: November 6, 2014
TSX Venture Tier 2 Company
Shares for Debt:
TSX Venture Exchange has accepted for filing the Company's proposal to issue 50,000 shares to settle outstanding debt for $10,000 as announced on September 3, 2014
Number of Creditors: |
1 Creditor |
Remain Halted:
Further to the Exchange bulletin dated July 31, 2013, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Change of Business and/or Reverse Takeover pursuant to TSX Venture Exchange Listings Policy 5.2.
________________________________________
SPHINX RESOURCES LTD. ("SFX")
[formerly Donner Metals Ltd. ("DON")]
BULLETIN TYPE: Name Change
BULLETIN DATE: November 6, 2014
TSX Venture Tier 2 Company
The Company has changed its name from Donner Metals Ltd. to Sphinx Resources Ltd. There is no consolidation of capital.
Effective at the opening on Friday, November 7, 2014, the common shares of Sphinx Resources Ltd. will commence trading on TSX Venture Exchange and the common shares of Donner Metals Ltd. will be delisted. The Company is classified as an "All Other Metal Ore Mining" issuer (NAICS Number: 212299).
Capitalization: |
Unlimited |
number of common shares with no par value of which |
|
29,048,336 |
shares are issued and outstanding |
||
Escrow: |
Nil |
share |
|
Transfer Agent: |
Computershare Trust Company of Canada, Vancouver |
||
Trading Symbol: |
SFX |
(new) |
|
CUSIP Number: |
848422101 |
(new) |
RESSOURCES SPHINX LTÉE (« SFX »)
[Anciennement Donner Metals Ltd. (« DON »)]
TYPE DE BULLETIN : Changement de dénomination sociale
DATE DU BULLETIN : Le 6 novembre 2014
Société du groupe 2 de TSX Croissance
La société a modifié sa dénomination sociale de Donner Metals Ltd. à Ressources Sphinx ltée. Il n'y a pas de consolidation du capital-actions.
Les actions ordinaires de Ressources Sphinx ltée seront admises à la négociation de la Bourse de croissance TSX à l'ouverture des affaires vendredi le 7 novembre 2014 et les actions ordinaires de Donner Metals Ltd. seront retirées de la cote. La société est catégorisée dans le secteur « extraction de tous les autres minerais métalliques" (numéro de SCIAN : 212299).
Capitalisation : |
Un nombre illimité d'actions ordinaires sans valeur nominale, |
|
dont 29 048 336 actions sont émises et en circulation |
||
Titres entiercés : |
Aucune action |
|
Agent des transferts : |
Société de fiducie Computershare du Canada, Vancouver |
|
Symbole au téléscripteur : |
SFX |
(nouveau) |
Numéro de CUSIP : |
848422101 |
(nouveau) |
____________________________________
STERLING RESOURCES LTD. ("SLG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 6, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 15, 2014 and closed July 24, 2014:
Number of Shares: |
71,579,746 shares |
|
Purchase Price: |
$0.482 per share |
|
Warrants: |
None |
|
Number of Placees: |
4 placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Waterford Finance & Investment Limited |
Y |
44,539,419 |
Ingalls & Snyder LLC |
Y |
11,134,855 |
Meridian Capital International Fund |
Y |
7,952,736 |
YF Finance Limited |
Y |
7,952,736 |
Finder's Fee: |
None |
________________________________________
SUNSET PACIFIC PETROLEUM LTD. ("SPK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 6, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced October 16, 2014:
Number of Shares: |
350,000 shares |
Purchase Price: |
$0.15 per share |
Warrants: |
350,000 share purchase warrants to purchase 350,000 shares |
Warrant Exercise Price: |
$0.17 for a five year period |
Number of Placees: |
1 placee |
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 PACIFIC PETROLEUM LTD. ("SPK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 6, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 1, 2014:
Number of Shares: |
1,666,666 shares |
Purchase Price: |
$0.15 per share |
Warrants: |
1,666,666 share purchase warrants to purchase 1,666,666 shares |
Warrant Exercise Price: |
$0.17 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. [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.]
________________________________________
ULTRA RESOURCES CORP. ("ULT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 6, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange (the 'Exchange') has accepted for filing documentation pertaining to an agreement dated July 24, 2014 (the 'Agreement'), among Ultra Resources Corp. (the 'Company') and Goldbank Mining Corporation. (the 'Vendor'). Pursuant to the Agreement, the Company will have the right to acquire the Vendors 51% interest in the Buck Lake property (the 'Property'), located in Ontario.
Under the terms of the Agreement, consideration to acquire the 51% interest in the Property is 2,200,000 common shares payable on closing and the issuance of a $250,000 promissory note (the 'Note'). The Note is due on or before June 1, 2016, after which 12% interest will accrue on any unpaid amounts.
Insider / Pro Group Participation: Gwen Wegner is the Corporate Secretary of the Company and the Vendor. Kirk Shaw, Irvin Ridd and John Brydle, each Insiders of the Company, also hold common shares in the Vendor.
For additional information please refer to the Company's news releases dated July 24, 2014, and November 5, 2014.
________________________________________
WESCAN ENERGY CORP. ("WCE")
BULLETIN TYPE: Halt
BULLETIN DATE: November 6, 2014
TSX Venture Tier 2 Company
Effective at 6:00 a.m., PST, November 6, 2014, trading in the shares of the Company was halted at the request of the Company, pending news. This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.
________________________________________
NEX COMPANIES:
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: November 5, 2014
NEX Company
A Cease Trade Order has been issued by the British Columbia Securities Commission on November 5, 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) |
||||
CFA.H |
NEX |
Clear Gold Resources Inc. |
A comparative financial statement |
|
for its financial year 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 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.
________________________________________
CASPIAN ENERGY INC. ("CKZ.H")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: November 6, 2014
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 4, 2014:
Convertible Debenture |
US$1,500,000 |
|
Conversion Price: |
Convertible into a maximum of 24,336,428 common shares |
|
Maturity date: |
December 31, 2014 |
|
Interest rate: |
12% per annum |
|
Number of Placees: |
2 placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Meridian International Capital Fund |
Y |
18,201,215 |
Firebird Global Master Fund |
||
Holding Ltd., |
||
Firebird Avrora Fund, Ltd., |
||
Firebird Republics Fund L.P., |
||
Firebird Fund L.P. and Firebird |
||
New Russia Fund Ltd. |
Y |
6,135,213 |
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.
________________________________________
PEDRO RESOURCES LTD. ("PED.H")
BULLETIN TYPE: Consolidation
BULLETIN DATE: November 6, 2014
NEX Company
Pursuant to a resolution passed by directors October 9, 2014, the Company has consolidated its capital on a (5) five old for (1) one new basis. The name of the Company has not been changed.
Effective at the opening on Friday, November 7, 2014, the common shares of Pedro Resources Ltd. will commence trading on TSX Venture Exchange on a consolidated basis.
Post - Consolidation |
|||
Capitalization: |
Unlimited |
shares with no par value of which |
|
5,024,961 |
shares are issued and outstanding |
||
Escrow |
nil |
shares |
|
Transfer Agent: |
Computershare Investor Services Inc. |
||
Trading Symbol: |
PED.H |
(UNCHANGED) |
|
CUSIP Number: |
705343 20 0 |
(NEW) |
________________________________________
SOURCE: TSX Venture Exchange
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