VANCOUVER, Feb. 13, 2015 /CNW/ -
TSX VENTURE COMPANIES:
ANDEANGOLD LTD. ("AAU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 13, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Discretionary Waiver Non-Brokered Private Placement announced December 4, 2014 and January 23, 2015:
| Number of Shares: |
4567,133 shares |
||
| Purchase Price: |
$0.03 per share |
||
| Number of Placees: |
7 Placees |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / |
|||
| Name |
ProGroup=P |
# of Shares |
|
| Alexander Pena |
Y |
523,167 |
|
| Richardo Miguel Arrarte |
Y |
833,333 |
|
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.
________________________________________
ARCAN RESOURCES LTD. ("ARN") ("ARN.DB") ("ARN.DB.B")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s, Delist
BULLETIN DATE: February 13, 2015
TSX Venture Tier 2 Company
Convertible Debentures:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 19, 2014:
| Convertible Debenture: |
$86,250,000 principal amount unsecured subordinated convertible debentures (the "2016 Debentures"). |
| $85,000,000 principal amount unsecured subordinated convertible debentures (the "2018 Debentures"). |
|
| The 2018 Debentures together with the 2016 Debentures (the "Debentures"). |
|
| Conversion Price: |
The Debentures are convertible into a total of 1,141,666,667 Shares at a conversion price of $0.15 per Share. |
| Maturity date: |
2016 Debentures mature on February 28, 2016 |
| 2018 Debentures matures on October 31, 2018 |
|
| Interest rate: |
2016 Debentures have an interest rate of 6.25% per annum |
| 2018 Debentures have an interest rate of 6.5% per annum |
|
| Insider / Pro Group Participation: |
None |
The Exchange acknowledges that under Article 13.11, Powers Exercisable by Extraordinary Resolution, of the 2016 Debenture indenture dated February 14, 2011 and the 2018 Debenture indenture dated October 7, 2011 (together, the "Indentures"), the Debentures shall be amended to automatically convert into Shares at a price of $0.15 per Share (the "Conversion") only upon obtaining approval of the holders of the Debentures ("Debentureholders") by way of extraordinary resolution pursuant to and in accordance with the terms of the Indentures. The Exchange acknowledges receipt of Debentureholder's approval, which was obtained at the Company's Debentureholders meeting held February 2, 2015, and recognizes the effective date of the Conversion to be February 13, 2015.
The Exchange understands the Debentures are a replacement of previously issued unsecured subordinated convertible debentures approved by the Exchange on February 11, 2011 and October 6, 2011, as such, no actual proceeds are raised under the Private Placement, but rather the Debentures issued and the subsequent Conversion shall be used to reduce the outstanding debt of the Company as detailed in the Company's press release dated December 19, 2014, and Information Circular dated December 31, 2014.
| Common Share Issuance: |
|
| Number of Shares: |
65,238,246 common shares |
| Issue Price: |
$0.10 per common share |
| Number of Placees: |
7 Placees |
| Insider / Pro Group Participation: |
None |
In connection with the Conversion, Debentureholders holding approximately 40% of the Debentures (the "Consenting Debentureholders") entered into a support agreement dated December 19, 2014 (the "Support Agreement") with the Company, whereby the Consenting Debentureholders agreed, subject to certain terms and conditions, to vote in favour of the Conversion. Additionally, the Support Agreement provides for the reconstitution of the board of directors of the Company, which shall be comprised of five seats of which two of whom shall be appointed by the Consenting Debentureholders at the Company's next annual and special meeting and three shall also be acceptable to the Consenting Debentureholders.
DELIST of Convertible Debenture/s ("ARN.DB") ("ARN.DB.B"):
Effective at the open of business on Tuesday, February 17, 2015, the 2016 Debentures (ARN.DB) and the 2018 Debentures (ARN.DB.B) will be delisted from TSX Venture Exchange at the request of the Company.
The delisting of the Company's Debentures results from the completion of the Conversion, as detailed above, and approved by Debentureholders on February 2, 2015.
The Company's common shares will continue to trade on TSX Venture Exchange.
For further information, please see the Company's press releases dated December 19, 2014, February 2, 2015, February 6, 2015, and February 11, 2015, in addition to the Information Circular dated December 31, 2014.
________________________________________
FAIRMONT RESOURCES INC. ("FMR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 13, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing a Mineral Property Option Agreement dated January 21, 2015 between Fairmont Resources Inc. (the "Company") and Frederic Bergeron, Mario Bourque and Guy Barette (the "Vendors") whereby the Company has the option to acquire a 100% interest in the Forestville Quartzite Property (the "Forestville Property") and the Baie-Comeau Property (the "Baie-Comeau Property"). The Forestville Property is located 20 kilometres north-northwest of the town of Forestville, Quebec and consists of 22 mineral claims totaling approximately 1244 hectares and the Baie-Comeau Property is located 8 kilometres northwest of Bai-Commeau, Quebec and consists of 8 mineral claims totaling approximately 449 hectares. Total consideration consists of $6,000, 500,000 shares and $60,000 of exploration expenditures in the first year and $150,000 payable in shares in the following two years. Upon commencement of commercial production, the Company will pay the Vendors a 2% production royalty on products produced from the Property. The Company may repurchase the royalty at a price equal to $0.25 per tonne of product on each tonne of calculated, measured and indicated mineral resource on the Property.
________________________________________
GOLDEN VALLEY MINES LTD. ("GZZ")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 13, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a subscription agreement dated December 1, 2014 between Golden Valley Mines Ltd. (the 'Company') and Nunavik Nickel Mines Inc. ('Nunavik Nickel') whereby the Company acquired 800,000 units for a cash consideration of $80,000. Each Unit consists of one common share in the capital of Nunavik Nickel and one-half of one share purchase warrant, each whole warrant entitling the purchase of one common share at a per share price of $0.12 for 24 months.
For further details, please refer to the Company's press release dated January 30, 2015.
LES MINES DE LA VALLEE DE L'OR LTEE (« GZZ »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 13 février 2015
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation de la société en vertu du contrat de souscription daté du 1 décembre 2014 entre Les mines de la vallée de l'or ltée (la « société ») et Les mines de nickel Nunavik ltée (« Nunavik Nickel ») en vertu duquel la société a acquis 800 000 unités pour une considération en espèces de 80 000 $. Chaque unité étant composée d'une action ordinaire du capital de Nunavik Nickel et un demi-bon de souscription. Chaque bon de souscription permet d'acquérir une action ordinaire au prix de 0,12 $ pendant une période de 24 mois.
Pour plus d'information, veuillez consulter le communiqué de presse de la société daté du 30 janvier 2015.
________________________________________
GOLD ROYALTIES CORPORATION ("GRO")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: February 13, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a Royalty Purchase Agreement (the "Agreement") between the Company and Franco-Nevada Corporation (the 'Purchaser"). As per the terms of the Agreement, the Company sold the Eagle and Lynx gold royalties to the Purchaser. In consideration, the Purchaser will pay the Company $7 million cash. In addition, the Company issued 2,836,603 shares at a deemed price of $0.06 per share to Callinan Royalties. This issuance is to settle partial debenture debt with Callinan Royalties, secured in part, by the royalties being acquired by the Purchaser.
________________________________________
HRT PARTICIPACOES EM PETROLEO S.A. ("HRP")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 13, 2015
TSX Venture Tier 2 Company
Effective at 9:15 A.M., PST, February 13, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
NEW DIMENSION RESOURCES LTD. ("NDR")
BULLETIN TYPE: Consolidation
BULLETIN DATE: February 13, 2015
TSX Venture Tier 2 Company
Pursuant to a directors resolution dated December 1, 2014, the Company has consolidated its capital on a seven (7) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening, Tuesday, February 17, 2015, the common shares of New Dimension Resources Ltd. 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 |
|
| 8,170,711 |
shares are issued and outstanding |
||
| Escrow |
Nil |
shares |
|
| Transfer Agent: |
Computershare Trust Company of Canada |
||
| Trading Symbol: |
NDR |
(UNCHANGED) |
|
| CUSIP Number: |
643763204 |
(NEW) |
|
________________________________________
NORTHERN URANIUM CORP. ("UNO")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: February 13, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 100,000 shares at a deemed price of $0.05, in consideration of certain services provided to the Company for the quarter ending December 31, 2014, pursuant to a Deferred Share Unit Plan for Lorie Waisberg effective October 1, 2014.
The Company shall issue a news release when the shares are issued.
________________________________________
NORTHERN URANIUM CORP. ("UNO")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: February 13, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 100,000 shares at a deemed price of $0.05, in consideration of certain services provided to the Company for the quarter ending December 31, 2014, pursuant to a Deferred Share Unit Plan for William Gennen McDowall effective October 1, 2014.
The Company shall issue a news release when the shares are issued.
________________________________________
NUNAVIK NICKEL MINES LTD. ("KZZ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 13, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement announced on December 2, 2014:
| Number of Shares: |
2,500,000 common shares |
||||
| Purchase Price: |
$0.10 per common share |
||||
| Warrants: |
1,250,000 warrants to purchase 1,250,000 common shares |
||||
| Warrant Exercise Price: |
$0.12 per share for a period of 24 months |
||||
| Number of Placees: |
9 Placees |
||||
| Insider/Pro Group Participation: |
|||||
| Name |
Insider = Y / |
Number of |
|||
| Pro Group = P |
Shares |
||||
| Golden Valley Mines Ltd |
Y |
800,000 |
|||
| Andrew Pepper |
Y |
150,000 |
|||
| Chad Williams |
Y |
270,000 |
|||
| Pro-Group Involvement |
P |
750,000 |
|||
| [3 Placees] |
|||||
| Finders' Fees: |
A finder received $3,300 in cash and a non-transferable Finder's Warrant entitling the holder to purchase 41,250 common shares at an exercise price of $0.10 for a period of 24 months. |
||||
The Company has confirmed the closing of the above-mentioned Private Placement pursuant to news releases dated January 30, 2015.
LES MINES DE NICKEL NUNAVIK LTEE. (« KZZ »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 13 ffévrier 2015
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier, tel qu'annoncé le 2 décembre 2014 :
| Nombre d'actions : |
2 500 000 actions ordinaires |
|||
| Prix : |
0,10 $ par action ordinaire |
|||
| Bons de souscription : |
1 250 000 bons de souscription permettant de souscrire à 1 250 000 actions ordinaires |
|||
| Prix d'exercice des bons : |
0,12 $ par action pour une période de 24 mois |
|||
| Nombre de souscripteurs : |
9 souscripteurs |
|||
| Participation initié / Groupe Pro : |
||||
| Nom |
Initié = Y / |
Nombre |
||
| Groupe Pro = P |
d'actions |
|||
| Les Mines de la Vallée de l'Or Ltée |
Y |
800 000 |
||
| Andrew Pepper |
Y |
150 000 |
||
| Chad Williams |
Y |
270 000 |
||
| Group pro |
P |
750 000 |
||
| (3 souscripteurs) |
||||
| Honoraires d'intermédiation : |
Un intermédiaire a reçu 3 300 $ et une option non-transférable permettant de souscrire à 41 250 actions ordinaires au prix d'exercice de 0,10 $ pour une période de 24 mois. |
|||
La société a confirmé la clôture du placement privé mentionné ci-dessus dans le cadre des communiqués de presse datés du 30 janvier 2015.
_______________________________________
PALLISER OIL & GAS CORPORATION ("PXL")
BULLETIN TYPE: Halt
BULLETIN DATE: February 13, 2015
TSX Venture Tier 1 Company
Effective at 5:09 a.m., PST, February 13, 2015, trading in the shares of the Company was halted pending company contact. 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.
________________________________________
PETROMANAS ENERGY INC. ("PMI.WT")
BULLETIN TYPE: Warrant Expiry-Delist
BULLETIN DATE: February 13, 2015
TSX Venture Tier 2 Company
Effective at the opening on February 18, 2015, the Share Purchase Warrants of the Company will trade with Special Settlement. The Warrants expire on February 23, 2015 and will therefore be delisted at the close of business on Monday, February 23, 2015.
TRADE DATES
February 18, 2015 - TO SETTLE - February 20, 2015
February 19, 2015 - TO SETTLE - February 20, 2015
February 20, 2015 - TO SETTLE - February 23, 2015
February 23, 2015 - TO SETTLE - February 23, 2015
The above is in compliance with Trading Rule C.2.18 – Expiry Date:
Trading in the warrants 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.
________________________________________
RED EAGLE MINING CORPORATION ("RD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 13, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 29, 2015:
| Number of Shares: |
3,831,515 shares |
| Purchase Price: |
$0.33 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.
________________________________________
ROCK TECH LITHIUM INC. ("RCK")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 13, 2015
TSX Venture Tier 2 Company
Effective at the Opening on Tuesday, February 17, 2015, shares of the Company will resume trading.
The Company has advised that the proposed Reverse Take-Over transaction with Brainworks Capital Management (Private) Limited has been terminated.
________________________________________
SILVER PREDATOR CORP. ("SPD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 13, 2015
TSX Venture Tier 2 Company
Further to the bulletin dated April 24, 2014, TSX Venture Exchange has accepted for filing a renegotiated Mineral Lease and Option to Purchase Agreement dated January 17, 2015 among Springer Mining Company ("Springer"), Geological Services Inc. ("GSI"), Robert W. Shafer and the Company with respect to Springer's mineral lease of and option to purchase the WO Claims located in Pershing County, Nevada that are owned by GSI and Shafer. The agreement includes Advance Royalty Payments totaling US$1,200,000 payable over a 14 year period and 300,000 common shares issuable over a four year period that are payable as to 150,000 shares to each of GSE and Robert W. Schafer.
________________________________________
URAGOLD BAY RESOURCES INC. ("UBR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 13, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement:
| Number of Shares: |
3,290,000 common shares |
| Purchase Price: |
$0.05 per common share |
| Warrants: |
3,290,000 warrants to purchase a maximum of 3,290,000 common shares |
| Warrant Exercise Price: |
$0.07 per share for a period of 36 months following the closing of the Private Placement |
| Number of Placees: |
5 Placees |
The Company has confirmed the closing of the above-mentioned Private Placement by way of a press release dated February 6, 2015.
RESSOURCES DE LA BAIE D'URAGOLD INC. (« UBR »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 13 février 2015
Société du groupe 2 de TSX croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier :
| Nombre d'actions : |
3 290 000 actions ordinaires |
| Prix : |
0,05 $ par action ordinaire |
| Bons de souscription : |
3 290 000 bons de souscription permettant de souscrire à 3 290 000 actions ordinaires |
| Prix d'exercice des bons : |
0,07 $ par action pour une période de 36 mois suivant la clôture du placement privé |
| Nombre de souscripteurs : |
5 souscripteurs |
La société a confirmé la clôture du placement privé précité par voie d'un communiqué de presse daté du 6 février 2015.
_________________________________________
VIOR INC. (SOCIÉTÉ D'EXPLORATION MINIÈRE) ("VIO")
BULLETIN TYPE: Consolidation
BULLETIN DATE: February 13, 2015
TSX Venture Tier 2 Company
Pursuant to a Resolution approved by the Board of Directors on January 27, 2015, 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, February 17, 2015, the common shares of the Company will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as "Gold and Silver Ore Mining" company, (NAICS Number: 212220).
| Capitalization: |
Unlimited |
common shares with no par value of which |
|
| 21,103,74 |
common shares are issued and outstanding |
||
| Escrow: |
Nil |
common shares |
|
| Transfer Agent: |
CST Trust Company (Montreal and Toronto) |
||
| Trading Symbol: |
VIO |
(UNCHANGED) |
|
| CUSIP Number: |
83364M503 |
(NEW) |
|
VIOR INC. (SOCIÉTÉ D'EXPLORATION MINIÈRE) (« VIO »)
TYPE DE BULLETIN : Regroupement
DATE DU BULLETIN : Le 13 février 2015
Société du groupe 2 de TSX Croissance
En vertu d'une résolution du conseil d'administration du 27 janvier 2015, la société a regroupé son capital-actions sur la base de cinq (5) anciennes actions pour une (1) nouvelle action. La dénomination sociale de la société n'a pas été modifiée.
Les actions ordinaires de la société seront admises à la négociation à la Bourse de croissance TSX sur une base regroupée à l'ouverture des affaires mardi le 17 février 2015. La société est catégorisée comme une société « Extraction de minerais d'or et d'argent » (numéro de SCIAN : 212220).
| Capitalisation après consolidation : |
Un nombre illimité d'actions ordinaires sans valeur nominale, dont 21 103 744 actions ordinaires sont émises et en circulation. |
||||
| Actions entiercées : |
Aucune action ordinaire |
||||
| Agent des transferts : |
Société de fiducie CST (Montréal et Toronto) |
||||
| Symbole au téléscripteur : |
VIO |
(INCHANGÉ) |
|||
| Numéro de CUSIP : |
83364M503 |
(NOUVEAU) |
|||
_______________________________________
WOLF RESOURCE DEVELOPMENT CORP. ("WRD")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 13, 2015
TSX Venture Tier 2 Company
Effective at 5:00 A.M., PST, February 13, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
ZENN MOTOR COMPANY INC. ("ZNN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 13, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 23, 2015 and January 26, 2015:
| Number of Shares: |
2,793,000 common shares |
| Purchase Price: |
$0.375 per share |
| Warrants: |
1,396,500 share purchase warrants attached to purchase 1,396,500 shares |
| Warrant Exercise Price: |
$0.58 for an eighteen month period |
| Number of Placees: |
10 Placees |
| Finder's Fees: |
An aggregate of $23,940 plus 63,840 finder's warrants (each exercisable into one common share at a price of $0.58 for an eighteen month period) is payable to Canaccord Genuity Corp. and Industrial Alliance Securities. |
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.
________________________________________
NEX COMPANY:
SCEPTRE VENTURES INC. ("SVP.H")
BULLETIN TYPE: Listing Maintenance Fees – Resume Trading
BULLETIN DATE: February 13, 2015
NEX Company
Further to NEX Listing Maintenance Fees – Halt bulletin dated February 11, 2015, effective at the open, Tuesday, February 17, 2015, trading in the shares of the company will resume, the company having paid their NEX listing maintenance fees.
__________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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