VANCOUVER, Dec. 10, 2014 /CNW/ -
TSX VENTURE COMPANIES:
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: December 9, 2014
TSX Venture Companies
A Cease Trade Order has been issued by the British Columbia Securities Commission on December 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) |
||||
HEL |
2 |
Hellix Ventures Inc. |
A comparative financial statement |
|
for its financial year ended |
14/07/31 |
|||
A Form 51-102F1 Management's |
||||
Discussion and Analysis for the |
||||
period ended |
14/07/31 |
|||
SUI |
2 |
Superior Mining International |
A comparative financial statement |
|
for its financial year ended |
14/07/31 |
|||
A Form 51-102F1 Management's |
||||
Discussion and Analysis for the |
||||
period ended |
14/07/31 |
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.
________________________________________
ANNIDIS CORPORATION ("RHA")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: December 10, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 17, 2014:
Convertible Debenture: |
$2,003,589 |
|
Conversion Price |
Convertible into shares at $0.35 of principal outstanding per share until maturity |
|
Maturity Date |
6 months from issuance |
|
Interest Rate |
10% |
|
Number of Placees: |
1 Placee |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
Amount |
Yimai Technology International |
||
Company Limited |
Y |
$2,003,589 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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.
________________________________________
AVARONE METALS INC. ("AVM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 10, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 4, 2014:
Number of Shares: |
500,000 shares |
Purchase Price: |
$0.05 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.
________________________________________
CWN MINING ACQUISITION CORPORATION ("CWN.P")
BULLETIN TYPE: Resume Trading, Qualifying Transaction-Announced
BULLETIN DATE: December 10, 2014
TSX Venture Tier 2 Company
Effective at the open, Thursday, December 11, 2014, trading in the CWN Mining Acquisition Corp.'s (the "Company") shares will resume.
This resumption does not constitute Exchange acceptance of the Company's proposed acquisition of an option to acquire a 100% interest in the TOP Property (the 'Qualifying Transaction'), as described in the Company's news release dated October 31, 2014 and should not be construed as an assurance of the merits of the transaction or the likelihood of completion.
Completion of the transaction is subject to a number of conditions. There is a risk that the transaction will not be completed or that the terms of the transaction may change substantially prior to acceptance. SHOULD THIS OCCUR, A TRADING HALT MAY BE RE-IMPOSED.
________________________________________
ENABLENCE TECHNOLOGIES INC. ("ENA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 10, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 7, 2014:
Number of Shares: |
6,666,666 shares |
Purchase Price: |
$0.15 per share |
Number of Placees: |
1 Placee |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
________________________________________
GRANITE CREEK GOLD LTD. ("GCX")
BULLETIN TYPE: Consolidation
BULLETIN DATE: December 10, 2014
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by the directors on November 13, 2014, the Company has consolidated its capital on a (four) 4 old for (one) 1 new basis. The name of the Company has not been changed.
Effective at the opening on Thursday, December 11, 2014, the common shares of Granite Creek Gold Ltd. 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 |
|
5,848,017 |
shares are issued and outstanding |
||
Escrow |
nil |
shares |
|
Transfer Agent: |
Computershare Investor Services Inc. |
||
Trading Symbol: |
GCX |
(UNCHANGED) |
|
CUSIP Number: |
387341209 |
(NEW) |
________________________________________
HORIZON PETROLEUM PLC ("HPL")
BULLETIN TYPE: Warrant Price Amendment
BULLETIN DATE: December 10, 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: |
12,811,055 |
Expiry Date of Warrants: |
March 16, 2016 |
Forced Exercise Provision: |
If the closing price for the Company's shares is $0.19 |
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: |
$0.45 |
New Exercise Price of Warrants: |
$0.15 |
These warrants were issued pursuant to a private placement of 40,000,000 shares with 40,000,000 share purchase warrants attached, which was accepted for filing by the Exchange effective March 23, 2011. The Company completed a 3:1 consolidation on July 22, 2013.
________________________________________
HUNTER BAY MINERALS PLC ("HBY")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 10, 2014
TSX Venture Tier 2 Company
Further to the Exchange bulletin dated November 28, 2014, effective at the open on Thursday, December 11, 2014, the shares of the Company will resume trading, an announcement having been made on Stockwatch on December 2, 2014.
________________________________________
LIGNOL ENERGY CORPORATION ("LEC.H")
[formerly Lignol Energy Corporation ("LEC")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: December 10, 2014
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening on Thursday, December 11, 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 December 11, 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 LEC to LEC.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 the Exchange Bulletin dated August 28, 2014, trading in the shares of the Company will remain suspended.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
_______________________________________
MAGELLAN MINERALS LTD. ("MNM")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 10, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 349,718 shares to settle outstanding debt for $US$30,828.42 or CDN$34,971.76.
Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
MOONCOR OIL & GAS CORP. ("MOO")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 10, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a Share Purchase Agreement (the "Agreement") dated October 10, 2014 between a non-arm's length party (the "Vendor") and Mooncor Oil & Gas Corp. (the "Company"). Pursuant to the Agreement, the Company shall acquire all the issued and outstanding shares of Primary Petroleum Canada Corporation, which holds oil and gas leases in the Pondera and Teton Counties (the "Property") in Northwestern Montana, USA.
In consideration, the Company will take on all the lease liabilities and reclamation costs associated with the Property and the Vendor shall have a 1% gross overriding royalty on the Property.
For more information, refer to the Company's news release dated August 14, 2014.
________________________________________
NOKA RESOURCES INC. ("NX")
BULLETIN TYPE: Consolidation
BULLETIN DATE: December 10, 2014
TSX Venture Tier 2 Company
Pursuant to a director's resolution, 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, Thursday, December 11, 2014, the common shares of Noka Resources Inc. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration and Development' company.
Post - Consolidation |
|||
Capitalization: |
Unlimited |
shares with no par value of which |
|
4,891,923 |
shares are issued and outstanding |
||
Escrow |
47,100 |
shares are subject to escrow |
|
Transfer Agent: |
Computershare Investor Services Inc. |
||
Trading Symbol: |
NK |
(UNCHANGED) |
|
CUSIP Number: |
65528A202 |
(NEW) |
________________________________________
NIAGARA VENTURES CORPORATION ("NIA")
[formerly Niagara Ventures Corporation ("NIA.P")]
BULLETIN TYPE: Qualifying Transaction-Completed, Symbol Change, Reinstated for Trading
BULLETIN DATE: December 10, 2014
TSX Venture Tier 2 Company
Qualifying Transaction:
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Filing Statement dated November 25, 2014. As a result, at the opening on Thursday, December 11, 2014, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the arm's length acquisition of Blu-Dot Beverage Company Inc. ("Blu-Dot"). As a result of the Qualifying Transaction, Blu-Dot became a wholly-owned subsidiary of the Company. The Qualifying Transaction was completed pursuant to the terms and conditions of a share purchase agreement dated November 24, 2014 entered into between the Company and the shareholders of Blu-Dot (the "Definitive Agreement"). Under the terms of the Definitive Agreement, holders of common shares of Blu-Dot received an aggregate of 7,162,500 common shares of the Company. An additional 50,000 shares were issued at a deemed issue price of $0.20 per share, to Beacon Securities Limited, the sponsor of the QT, as partial consideration for services provided to the Company. Up to a further 2,562,500 additional common shares of the Company are issuable to Kevin Stratton, the President and Chief Executive Officer of Blu-Dot, provided that certain performance criteria are met by Blu-Dot prior to December 31, 2015.
The Exchange has been advised that the above transaction has been completed. For further information, please refer to the Company's Filing Statement dated November 25, 2014, available on SEDAR.
Symbol Change
Effective at the opening, Thursday, December 11, 2014, the trading symbol for the Company will change from NIA.P to NIA.
Reinstated for Trading
Further to TSX Venture Exchange's Bulletins dated July 3, 2014, September 2, 2014 and November 26, 2014, effective at the open on Thursday, December 11, 2014, trading will be reinstated in the securities of the Company.
The Company is classified as a 'Holding Company'.
Corporate Jurisdiction: |
Ontario |
||
Capitalization: |
Unlimited |
shares with no par value of which |
|
19,966,032 |
shares are issued and outstanding |
||
Escrow: |
5,901,225 |
common shares are subject to Tier 2 Surplus Escrow, and |
|
50,523 |
common shares are subject to Tier 2 Value Escrow; and |
||
1,362,500 |
common shares remain subject to the existing CPC Escrow Agreement. |
||
Transfer Agent: |
Equity Financial Trust Company |
||
Symbol: |
NIA |
(same symbol as CPC but with .P removed) |
|
CUSIP Number: |
653578 104 |
(UNCHANGED) |
|
Company Contact: |
Larry Phillips, Chairman and Chief Executive Officer |
||
Company Address: |
c/o Wildeboer Dellelce LLP, 365 Bay Street, Suite 800, |
||
Toronto, Ontario, M5H 2V1 |
|||
Company Phone Number: |
416.648.4767 |
||
Company Fax Number: |
416.361.4781 |
||
Company E-Mail Address: |
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Company Website Address: |
______________________________________
SOUTHERN SILVER EXPLORATION CORP. ("SSV")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: December 10, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Nov 20, 2014:
Convertible Debenture: |
$800,000.00 |
|||
Initial Conversion Price: |
0.05 per common share |
|||
Term of Maturity: |
1 Year |
|||
Interest Rate: |
8% per annum payable annually |
|||
Number of Placees: |
1 placee |
|||
Finder's Fee: |
||||
Name |
Cash |
Shares |
Warrants |
Other |
Jeffery Tindale |
1,350,000 |
The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantee
the accuracy or completeness of the information contained in this document. Readers should consult the issuer's continuous disclosure record for complete details of the transaction.
________________________________________
TRI ORIGIN EXPLORATION LTD. ("TOE")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: December 10, 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 December 8, 2014, it may repurchase for cancellation, up to 7,768,179 shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange during the period December 15, 2014 to December 14, 2015. Purchases pursuant to the bid will be made by on behalf of the Company.
________________________________________
TRUECLAIM EXPLORATION INC. ("TRM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 10, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 15, 2014:
Number of Shares: |
10,220,000 shares |
|
Purchase Price: |
$0.05 per share |
|
Warrants: |
10,220,000 share purchase warrants to purchase 10,220,000 shares |
|
Warrant Exercise Price: |
$0.10 for a two year period |
|
Number of Placees: |
12 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Bryon Coulthard |
Y |
1,000,000 |
C. Jang Willoughby Consultant |
||
Inc. (T.Nikolai) |
Y |
1,000,000 |
YCP Consulting Inc. (T. Nikolai) |
Y |
2,850,000 |
GR Lefevre Medical Corp. |
||
(G. Levefre) |
Y |
880,000 |
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.
________________________________________
VANC PHARMACEUTICALS INC. ("NPH")
BULLETIN TYPE: Private Placement – Non-Brokered
BULLETIN DATE: December 10, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 27, 2014:
Number of Shares: |
7,607,332 shares |
|
Purchase Price: |
$0.15 per share |
|
Warrants: |
3,803,666 share purchase warrants to purchase 3,803,666 shares |
|
Warrant Exercise Price: |
$0.25 for a one year period |
|
Number of Placees: |
61 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Aggregate Pro Group |
||
Involvement [2 Placees] |
P |
170,000 |
Finder's Fee: |
$12,608 and 124,053 finder's warrants payable to PI Financial Corp. |
|
$37,884 and 252,560 finder's warrants payable to Jordan Capital |
||
Markets Inc. |
||
$15,199 and 101,333 finder's warrants payable to Raymond James Ltd. |
||
$14,796 and 58,640 finder's warrants payable to Hamza Thindal Capital |
||
Corporation. |
||
$10,800 and 72,000 finder's warrants 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.
________________________________________
ZAIO CORPORATION ("ZAO")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 10, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,322,890 common shares of the Company ("Shares") deemed price of $0.201 per Share in payment of $265,900 of accrued interest owing to holders of an outstanding debentures of the Company.
Number of Creditors: |
111 Creditors |
Insider / Pro Group Participation: |
None |
Warrants: |
None |
________________________________________
NEX COMPANIES:
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: December 9, 2014
NEX Company
A Cease Trade Order has been issued by the British Columbia Securities Commission on December 9, 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) |
||||
GMC.H |
NEX |
Geovic Mining Corp. |
Interim financial statements |
|
for the financial period ended |
14/09/30 |
|||
A Form 51-102F1 Management's |
||||
Discussion and Analysis for the |
||||
period ended |
14/09/30 |
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.
________________________________________
ROADKING TRAVEL CENTRES INC. ("RKG.H")
BULLETIN TYPE: Delist
BULLETIN DATE: December 10, 2014
NEX Company
Effective at the close of business, Wednesday, December 10, 2014, the common shares will be delisted from TSX Venture Exchange at the request of the Company.
________________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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