VANCOUVER, Dec. 29, 2014 /CNW/ -
TSX VENTURE COMPANIES:
ALTITUDE RESOURCES INC. ("ALI")
BULLETIN TYPE: Private Placement Non-Brokered
BULLETIN DATE: December 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement:
Number of Shares: |
1,261,111 common shares issued on a "flow-through" basis ("FT Shares") |
Purchase Price: |
$0.18 per FT Share |
Number of Placees: |
2 placees |
Insider / Pro Group Participation: |
None |
Finder's Fee: |
$14,000 cash and 77,778 non-transferrable warrants ("Broker's Warrants") payable to Portfolio Strategies Securities Inc. |
Each Broker's Warrant entitles the holder to purchase one common share at a price of $0.22 for a period of 18 months from the date of closing. |
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.
________________________________________
ATI AIRTEST TECHNOLOGIES INC. ("AAT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 7,670,520 shares at a deemed price of$0.05 per share to settle outstanding debt for $383,526.00.
Number of Creditors: |
9 Creditors |
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Insider / Pro Group Participation: |
||||
Insider=Y / |
Amount |
Deemed Price |
||
Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
George Graham |
Y |
$50,000 |
$0.05 |
1,000,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
BAMA GOLD CORP. ("BMA")
BULLETIN TYPE: Consolidation
BULLETIN DATE: December 29, 2014
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders December 10, 2013, the Company has consolidated its capital on a five (5) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening on Tuesday, December 30, 2014, the common shares of Bama Gold Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration and Development' company.
Post - Consolidation |
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Capitalization: |
Unlimited |
shares with no par value of which |
|
7,945,222 |
shares are issued and outstanding |
||
Escrow |
Nil |
shares |
|
Transfer Agent: |
Computershare Investor Services Inc. |
||
Trading Symbol: |
BMA |
(UNCHANGED) |
|
CUSIP Number: |
05936T203 |
(NEW) |
_________________________________________
BULLMAN MINERALS INC. ("BUL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 11, 2014:
First Tranche:
Number of Shares: |
1,400,000 shares |
Purchase Price: |
$0.15 per share |
Warrants: |
700,000 share purchase warrants to purchase 700,000 shares |
Warrant Exercise Price: |
$0.30 for a two year period |
Number of Placees: |
2 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.
________________________________________
DESERT STAR RESOURCES LTD. ("DSR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 29, 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: |
8,518,568 shares |
|
Purchase Price: |
$0.15 per share |
|
Warrants: |
8,518,568 share purchase warrants to purchase 8,518,568 shares |
|
Warrant Exercise Price: |
$0.25 for a two year period |
|
Number of Placees: |
84 placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Aggregate Pro Group |
||
Involvement [14 placees] |
P |
2,120,333 |
Finder's Fee: |
PI Financial corp. $118,788.53 cash and 791,924 broker warrants payable. |
|
Richard Williams $5,000 cash and 33,333 broker warrants payable. |
||
Each broker warrant is exercisable into one common share at $0.25 for |
||
two years from closing. |
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.]
________________________________________
EAST WEST PETROLEUM CORP ("EW")
BULLETIN TYPE: Company Tier Reclassification
BULLETIN DATE: December 29, 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 Tuesday, December 30, 2014, the Company's Tier classification will change from Tier 2 to:
Classification
Tier 1
________________________________________
EXPLOR RESOURCES INC. ("EXS")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 29, 2014
TSX Venture Tier 2 Company
Effective at 12:00 p.m., PST, December 29, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
GREENPOWER MOTOR COMPANY INC. ("GPV")
[formerly Oakmont Minerals Corp. ("OMK")]
BULLETIN TYPE: Reverse Takeover-Completed, Private Placement-Non-Brokered, Private Placement-Brokered, Name Change and Consolidation, Resume Trading
BULLETIN DATE: December 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing Oakmont Minerals Corp.'s ("Oakmont") (GreenPower Motor Company Inc. following the name change) Reverse Takeover (the "RTO") and related transactions, all as principally described in its Information Circular dated April 14, 2014 (the "Information Circular") and subsequent news releases of Oakmont. The RTO includes the following matters, all of which have been accepted by the Exchange.
1. Acquisition of all of the issued and outstanding shares of GreenPower Motor Company Inc. ("GreenPower"):
Oakmont and GreenPower have entered into the Amalgamation Agreement dated April 14, 2014 pursuant to which Oakmont acquired all of the issued and outstanding shares of GreenPower in consideration of issuing 58,032,149 Oakmont shares to the GreenPower shareholders.
GreenPower, through its wholly owned subsidiary, GP GreenPower Industries Inc. ("GPI"), develops electric powered vehicles for commercial markets. GPI has developed the EV 350 transit bus, which is an electric powered transit bus deploying electric drive and battery technologies with a lightweight chassis and low floor body. Presently, GPI is building the EV 350 for the North American market, using global suppliers for parts such as batteries, motors and axles, at a manufacturing facility that GPI has secured in China.
The Exchange has been advised that Oakmont's acquisition of GreenPower and the related transactions have received shareholder approval and have been completed. For additional information refer to the Information Circular available under Oakmont's profile on SEDAR.
2. Private Placement-Non- Brokered:
TSX Venture Exchange Inc. has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced April 22, 2014:
Number of Post-Consolidated Shares: |
6,418,000 shares |
|
Purchase Price: |
$0.25 per share |
|
Number of Placees: |
30 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P / |
# of Shares |
Malcolm Clay |
Y |
120,000 |
Phillip Oldridge |
Y |
400,000 |
Aggregate Pro-Group |
||
Involvement [2 Placees] |
P |
100,000 |
Finder's Fee: |
$17,500 is payable to Delbrook Capital Advisors Inc. |
3. Private Placement-Brokered:
TSX Venture Exchange Inc. has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 22, 2014:
Number of Post-Consolidated Shares: |
5,712,000 shares |
|
Purchase Price: |
$0.25 per share |
|
Number of Placees: |
36 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P / |
# of Shares |
Fraser Atkinson |
Y |
400,000 |
Aggregate Pro-Group |
||
Involvement [1 Placee] |
P |
8,000 |
Finder's Fee: |
Wolverton Securities Ltd. received $99,960, 40,000 common shares |
|
and 284,620 options where each option is exercisable to acquire one |
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common share at a price of $0.25 per share until December 23, 2016 |
4. Name Change and Consolidation:
Pursuant to a resolution passed by shareholders at a meeting held on May 16, 2014, Oakmont has consolidated its capital on a two old for one new basis. The name of Oakmont has also been changed to "GreenPower Motor Company Inc."
Effective at the opening on Tuesday, December 30, 2014, the common shares of GreenPower Motor Company Inc. will commence trading on TSX Venture Exchange Inc. and the common shares of Oakmont Minerals Corp. will be delisted. The company is classified as an 'Industrial' company.
Post-Consolidation |
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Capitalization: |
Unlimited |
shares with no par value of which |
|
76,388,149 |
shares are issued and outstanding |
||
Escrow: |
25,634,834 |
shares and 200,000 stock options are subject to a Tier 2 Surplus Security Escrow Agreement |
|
3,348,750 |
shares are subject to a Tier 2 Value Security Escrow Agreement |
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Transfer Agent: |
Computershare Investor Services Inc. |
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Trading Symbol: |
GPV |
(NEW) |
|
CUSIP Number: |
39540E 10 4 |
(NEW) |
5. Resume Trading:
Effective at the opening on Tuesday, December 30, 2014, trading in the shares of GreenPower Motor Company Inc. will resume trading.
________________________________________
NESSCAP ENERGY INC. ("NCE")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: December 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 22, 2014:
Convertible Debenture: |
US $1,000,000 |
|
Conversion Price: |
Convertible into shares at CDN $0.10 of principal outstanding. |
|
Maturity date: |
April 1, 2015 |
|
Interest rate: |
10% |
|
Number of Placees: |
1 placee |
|
Insider / Pro Group Participation: |
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Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
I2BF Energy Ltd. |
Y |
up to 11,236,000 |
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).
________________________________________
NEW DESTINY MINING CORP. ("NED")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement dated June 26, 2014 and an amended and restated option agreement dated November 21, 2014 (together, the "Agreement") among New Destiny Mining Corp. (the "Company"), Central America Mining Corp. ("CAMC") and Central American Mining Corp. S.A. The Company will have an option to purchase up to a 100% interest in the Fuente De Oro Property, Santa Domingo, Nicaragua (the "Property"). In order to acquire an undivided 80% beneficial right, title and interest in and to the Property, the Company will pay CAMC an aggregate of $325,000 cash, issue CAMC 3,900,000 shares in the Company and incur $400,000 in work expenditures on the Property over a 2 year period.
The Company can acquire an additional undivided 20% beneficial right, title and interest in and to the Property, bringing the Company's total interest to 100%, in consideration of a one-time payment of 200 ounces of gold or cash equivalent to CAMC.
In connection with the Agreement, the Company will pay a cash finder's fee of $17,500 to Pacific Rim Holdings Limited, an arm's-length finder, in consideration of same finder's introduction of the Company to CAMC and assistance with the entry into the Agreement.
Further information can be found in the Company's news releases dated June 30, 2014 and December 3, 2014.
________________________________________
NYX GAMING GROUP LIMITED ("NYX")
BULLETIN TYPE: New Listing-IPO-Shares
BULLETIN DATE: December 29, 2014
TSX Venture Tier 1 Company
The Company's Initial Public Offering ("IPO") Prospectus dated December 18, 2014, was filed with and accepted by TSX Venture Exchange (the "Exchange") and filed with and receipted by the Ontario, British Columbia, Alberta, Saskatchewan, Manitoba, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Northwest Territories, Yukon and Nunavut on December 19, 2014, pursuant to the provisions of the Ontario, British Columbia, Alberta, Saskatchewan, Manitoba, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Northwest Territories, Yukon and Nunavut Securities Acts. The ordinary shares (the "Shares") of the Company will be listed and admitted to trading on TSX Venture Exchange, on the effective date stated below.
The Company is classified as an "Other Gambling Industries" company (NAICS number 713290).
Offering: |
12,858,000 Shares (the "Offering"), of which 5,715,000 Shares offered from treasury by the Company (the "Treasury Offering") and 7,143,000 Shares offered pursuant to a secondary offering. |
Share Price: |
$3.50 per Share (the "Offering Price"). |
Underwriters: |
Canaccord Genuity Corp., as lead underwriter, and Cormark Securities Inc., National Bank Financial Inc., Dundee Securities Ltd. Global Maxfin Capital Inc. and Mackie Research Capital Corporation. |
Over-Allotment Option: |
The selling shareholders have granted to the underwriters an option, exercisable for a period of 30 days following the closing of the offering, to purchase up to an additional 1,286,000 Shares at a price of $3.50 per Share. |
Underwriters' Fee: |
A cash commission equal to 6% of the gross proceeds of the Treasury Offering. |
Underwriters' Warrants: |
Non-transferable broker warrants to purchase a number of Shares equal to 6% of the number of Shares sold pursuant to the Offering (including in respect of the Secondary Offering and any exercise of the over-allotment option described below). Each broker warrant will be exercisable to purchase one Share at the Offering Price for a period of 18 months from the closing of the Offering. |
Listing Date: |
At the close of business (5:01 EST) on December 29, 2014. |
Commencement Date: |
The Shares will commence trading on TSX Venture Exchange at the opening Tuesday, December 30, 2014, upon confirmation of closing. |
The closing of the IPO is scheduled to occur before the market opening on December 30, 2014. It is expected that the gross proceeds of the closing will be $45,003,000 for a total of 12,858,000 Shares, of which $20,002,500 for 5,715,000 Shares to the Company and $25,000,500 for 7,143,000 to the selling shareholders. A further notice will be issued upon receipt of closing confirmation.
Corporate jurisdiction: |
Guernsey |
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Capitalization: |
Unlimited |
shares with no par value of which |
|
33,799,546 |
shares are issued and outstanding |
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Escrowed Shares |
Nil |
shares |
|
Transfer Agent: |
Equity Financial Trust Company – Toronto |
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Trading Symbol: |
NYX |
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CUSIP Number: |
G66832109 |
For further information, please refer to the Company's Prospectus dated December 18, 2014.
Company contact: |
Matthew Davey, Chief Executive Officer |
Company address: |
8961 W. Sahara Ave., Suite 200, Las Vegas, Nevada, USA 89117 |
Company phone number: |
(702) 586-8428 |
Company fax number: |
(702) 685-4501 |
E-mail address: |
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Website: |
________________________________________
PURE ENERGY MINERALS LIMITED ("PE")
BULLETIN TYPE: Private Placement-Non-Brokered, Correction
BULLETIN DATE: December 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 21, 2014:
Number of Shares: |
2,525,000 shares |
|
Purchase Price: |
$0.20 per share |
|
Warrants: |
2,525,000 share purchase warrants to purchase 2,525,000 shares |
|
Warrant Exercise Price: |
$0.30 for eighteen months |
|
Number of Placees: |
6 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Andy Robinson |
Y |
175,000 |
Aggregate Pro-Group |
||
Involvement [4 Placees] |
P |
1,375,000 |
Finder's Fee: |
$12,000 plus 30,000 finder's warrants payable to Haywood Securities Inc. |
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.
________________________________________
RIO CRISTAL RESOURCES CORPORATION ("RCZ")
BULLETIN TYPE: Halt
BULLETIN DATE: December 29, 2014
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, December 29, 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.
________________________________________
RIO CRISTAL RESOURCES CORPORATION ("RCZ")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 29, 2014
TSX Venture Tier 2 Company
Effective at 12:00 p.m., PST, December 29, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
ULTRA RESOURCES CORP. ("ULT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 29, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation with respect to a Non-Brokered Private Placement announced December 16, 2014:
Number of Shares: |
5,000,000 shares (of which 3,000,000 are flow-through) |
|
Purchase Price: |
$0.05 per share |
|
Warrants: |
5,000,000 share purchase warrants to purchase 5,000,000 shares |
|
Warrant Exercise Price: |
$0.05 for a five year period |
|
Number of Placees: |
8 placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Anthony Beruschi |
Y |
2,500,000 FT |
Aggregate Pro Group |
||
Involvement [1 placee] |
P |
200,000 FT |
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.
________________________________________
SOURCE: TSX Venture Exchange
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