VANCOUVER, Nov. 11, 2014 /CNW/ -
TSX VENTURE COMPANIES:
CANADREAM CORPORATION ("CDN")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: November 11, 2014
TSX Venture Tier 1 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 November 6, 2014, it may repurchase for cancellation, up to 959,933 shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange during the period November 6, 2014 to November 6, 2015. Purchases pursuant to the bid will be made by AltaCorp Capital on behalf of the Company.
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FIRST MOUNTAIN EXPLORATION INC. ("FMX")
BULLETIN TYPE: Private Placement Non-Brokered
BULLETIN DATE: November 11, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 16, 2014:
Number of Shares: |
15,100,000 common shares ("Shares") |
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Purchase Price: |
$0.05 per Share |
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Number of Placees: |
12 placees |
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Insider / Pro Group Participation: |
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Insider=Y / |
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Name |
ProGroup=P / |
# of Shares |
Douglas Stuve |
Y |
600,000 |
1180552 Alberta Ltd. |
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(Richard Hammermeister) |
Y |
500,000 |
William Slipp |
Y |
500,000 |
Finder's Fee: |
None |
For further information, please see the Company's news release dated October 31, 2014.
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NIOCORP DEVELOPMENTS LTD. ("NB")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: November 11, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced September 22, 2014 and October 22, 2014:
Number of Special Warrants: |
19,245,813 special warrants. Each special warrant is exchangeable, for no additional consideration, into a unit comprising of one common share and one share purchase warrant. The Company has undertaken to file a short form prospectus to qualify the underlying securities and if a receipt is not obtained within 75 days of closing, then each special warrant is exchangeable for 1.1 units. |
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Purchase Price: |
$0.55 per share |
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Warrants: |
19,245,813 share purchase warrants to purchase 19,245,813 shares |
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Warrant Exercise Price: |
$0.65 for a two year period |
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Number of Placees: |
154 placees |
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Insider / Pro Group Participation: |
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Insider=Y / |
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Name |
ProGroup=P |
# of Special Warrants |
|
Neil Shah |
Y |
27,250 |
|
Mark Smith |
Y |
4,132,232 |
|
Agent's Fee: |
Mackie Research Capital Corporation receives $112,917.59 and 205,304 options, each exercisable for one unit with the same terms as the above financing, including the qualification penalty. |
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.]
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PUREPOINT URANIUM GROUP INC. ("PTU.RT")
BULLETIN TYPE: Rights Expiry-Delist
BULLETIN DATE: November 11, 2014
TSX Venture Tier 2 Company
Effective at the opening, November 14, 2014, the Rights of the Company will trade with Special Settlement. The Rights expire on November 21, 2014 and will therefore be delisted at the close of business on Friday, November 21, 2014.
TRADE DATES
November 18, 2014 - TO SETTLE - November 20, 2014
November 19, 2014 - TO SETTLE - November 20, 2014
November 20, 2014 - TO SETTLE - November 21, 2014
November 21, 2014 - TO SETTLE – November 21, 2014
The above is in compliance with Trading Rule C.2.18 – Expiry Date:
Trading in the rights shall be for cash for the three trading days preceding the expiry date and also on expiry date. On the expiry date, trading shall cease at 12 o'clock noon E.T. and no transactions shall take place thereafter except with permission of the Exchange.
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SOMEDIA NETWORKS INC. ("VID")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: November 11, 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:
Convertible Notes |
$200,000 |
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Conversion Price: |
Convertible into units consisting of one common share and one half of one common share purchase warrant at a conversion price based on the 10 day average closing price prior to providing notice, subject to a minimum $0.20 conversion price. Each whole warrant is exercisable for one share at a price that is at a 50% premium to the conversion price of the notes until the date that is 36 months after conversion. Accrued interest is convertible on the same terms as the notes. |
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Maturity date: |
12 months from issuance |
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Detachable Warrants: |
700,000 warrants are exercisable at a price of $0.20 per share for a one year period. |
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Interest rate: |
12% per annum, compounded monthly |
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Number of Placees: |
6 Placees |
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Insider / Pro Group Participation: |
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Insider=Y / |
# of Detachable |
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Name |
ProGroup=P |
Principal |
Warrants |
McAllister Holdings Ltd. |
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(David Dueck) |
Y |
$27,000 |
59,500 |
The Fleming Family Trust |
Y |
$7,500 |
26,250 |
Finder's Fee: |
Melanie Baylis receives $1,728 cash, Convertible Notes in the principal amount of $864 and 3,024 detachable warrants. |
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Larry Davis receives $6,000, Convertible Notes in the principal amount of $3,000 and 10,500 detachable warrants. |
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.]
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TINKA RESOURCES LIMITED ("TK")
BULLETIN TYPE: Company Tier Reclassification
BULLETIN DATE: November 11, 2014
TSX Venture Tier 2 Company
In accordance with Policy 2.5, the Company has met the requirements for a Tier 1 company. Therefore, effective at the opening on Wednesday November 12, 2014, the Company's Tier classification will change from Tier 2 to:
Classification
Tier 1 Mining
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UC RESOURCES LTD. ("UC")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 11, 2014
TSX Venture Tier 1 Company
Further to the Exchange bulletin dated October 29, 2014 and an announcement made by the Company on CNW on October 30, 2014, effective at the open on Wednesday, November 12, 2014, the shares of the Company will resume trading.
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NEX COMPANY:
ROADKING TRAVEL CENTRES INC. ("RKG.H")
BULLETIN TYPE: Declaration of Dividend, Remain Halted
BULLETIN DATE: November 11, 2014
NEX Company
The Issuer has declared the following dividend in connection with the Company's pending dissolution:
Dividend per Share: |
$0.0395 per common share |
Payable Date: |
November 25, 2014 |
Record Date: |
November 18, 2014 |
Ex-Dividend Date: |
November 14, 2014 |
Further to TSX Venture Exchange bulletin dated September 29, 2014, the Company's common shares will remain halted.
For further information, please refer to the Company's news releases dated July 4, 2014, September 26, 2014, and November 7, 2014. In addition, the Company's Information Circular dated August 22, 2014.
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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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