VANCOUVER, March 9, 2015 /CNW/ -
TSX VENTURE COMPANIES:
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: March 6, 2015
TSX Venture Companies
A Cease Trade Order has been issued by the British Columbia Securities Commission on March 6, 2015 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) |
||||
ABL |
2 |
Abington Resources Ltd. |
A comparative financial statement |
|
for its financial year ended |
14/10/31 |
|||
A Form 51-102F1 Management's |
||||
Discussion and Analysis for the period |
||||
ended |
14/10/31 |
|||
SRR |
2 |
Statesman Resources Ltd. |
Interim financial statements for the |
|
financial period ended |
14/12/31 |
|||
A Form 51-102F1 Management's |
||||
Discussion and Analysis for the period |
||||
ended |
14/12/31 |
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.
________________________________________
BARKERVILLE GOLD MINES LTD. ("BGM")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 9, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 3,015,039 shares at $0.31 per share to settle outstanding debt for $934,662.09.
Number of Creditors: |
1 Creditor |
|||
Insider / Pro Group Participation: |
||||
Insider=Y / |
Amount |
Deemed Price |
||
Creditor |
ProGroup=P |
Owing |
per Share |
# of Shares |
2176423 Ontario Ltd. (Eric Sprott) |
Y |
$934,662.09 |
$0.31 |
3,015,039 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
COLUMBUS EXPLORATION CORPORATION ("CLX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 9, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 6, 2015:
Number of Shares: |
900,000 shares |
Purchase Price: |
$0.10 per share |
Number of Placees: |
13 Placees |
Finder's Fee: |
70,000 shares 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.
________________________________________
CONSTANTINE METAL RESOURCES LTD. ("CEM")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: March 9, 2015
TSX Venture Tier 2 Company
Further to the Exchange bulletin dated March 6, 2013, Constantine Metal Resources Ltd. ("Constantine") has elected to pay the next payment of US$75,970 due under the Financial and Advisory Services Agreement with Roman Friedrich & Company LLC through the payment of US$20,000 in cash and through the issuance of 493,336 common shares in the capital of Constantine.
Insider / Pro Group Participation: Nil.
For further information please see Constantine's news release of March 9, 2015 which is available under the Constantine's profile on SEDAR.
_______________________________________
GOLDROCK MINES CORP. ("GRM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 9, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 6, 2015:
Number of Shares: |
12,578,616 shares |
||||
Purchase Price: |
$0.50 per share |
||||
Number of Placees: |
1 Placee |
||||
Insider / Pro Group Participation: |
|||||
Insider=Y / |
|||||
Name |
ProGroup=P |
# of Shares |
|||
Orion Fund JV Limited |
|||||
(Douglas Silver) |
Y |
12,578,616 |
|||
Finder's Fee: |
$251,572.32 payable to Coniston Investment Corp. |
________________________________________
GREAT LAKES GRAPHITE INC. ("GLK")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 9, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 78,714,820 shares to settle outstanding debt for $130,000.
Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
I-MINERALS INC. ("IMA")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: March 9, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue up to a maximum of 7.5% bonus shares and 7.5% bonus warrants to a lender pursuant to the terms of a loan agreement dated February 18, 2015. In no event shall the issuance of bonus securities result in the issuance of more than 1,889,095 bonus shares and 1,889,095 bonus warrants to the following Insider in consideration of a loan of US$4,463,000 to be issued in tranches. A floor price of CAD$0.22 has been set for calculating the number of bonus shares and warrants issuable in respect of each tranche. The warrants will have an exercise price no lower than CAD$0.22 and will expire on the earlier of December 1, 2018 and the repayment date.
Shares |
Warrants |
|
BV Lending, LLC (Allan Ball) |
1,889,095 |
1,889,095 |
Please refer to the Company's news release of February 19, 2015 for further details.
________________________________________
KIVALLIQ ENERGY CORPORATION ("KIV")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: March 9, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
Private Placement:
# of Warrants: |
15,149,333 |
Original Expiry Date of Warrants: |
April 5, 2015 |
New Expiry Date of Warrants: |
April 5, 2016 |
Exercise Price of Warrants: |
$0.50, subject to an accelerated expiry. The Company has |
added an accelerated clause to the warrants providing that |
|
if the weighted average trading price of the Company's |
|
shares on the exchange is at a price equal to or greater |
|
than 75 cents for a period of 20 consecutive trading days, |
|
the Company will have the right to accelerate the expiry |
|
date of the warrants. The Company will give written notice |
|
to the holders of the warrants that the warrants will expire |
|
within 30 days of the date of notice to the warrantholders. |
These warrants were issued pursuant to a private placement of 15,149,333 shares with 15,149,333 share purchase warrants attached, which was accepted for filing by the Exchange effective April 3, 2013.
________________________________________
KOMBAT COPPER INC. ("KBT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 9, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 3,200,000 shares to settle outstanding debt for $160,000.
Number of Creditors: |
2 Creditors |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
LAS VEGAS FROM HOME.COM ENTERTAINMENT INC. ("LVH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 9, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the Third and Final Tranche of a Discretionary Relief Non-Brokered Private Placement announced February 25, 2015:
Number of Shares: |
2,715,000 shares |
Purchase Price: |
$0.035 per share |
Warrants: |
2,715,000 share purchase warrants to purchase 2,715,000 shares |
Warrant Exercise Price: |
$0.10 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.]
________________________________________
MARQUIS VENTURES INC. ("MQV.P")
BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction within 24 months of Listing
BULLETIN DATE: March 9, 2015
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated February 10, 2015, effective at the open, Tuesday March 10, 2015 trading in the shares of the Company will be suspended, the Company having failed to complete a Qualifying Transaction within 24 months of its listing.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
_______________________________________
NOMAD VENTURES INC. ("NMD")
BULLETIN TYPE: Halt
BULLETIN DATE: March 9, 2015
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, March 9, 2015, 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.
________________________________________
NOMAD VENTURES INC. ("NMD")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 9, 2015
TSX Venture Tier 2 Company
Effective at 9:15 a.m., PST, March 9, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
SAN ANGELO OIL LIMITED ("SAO") ("SAO.WT")
BULLETIN TYPE: New Listing-IPO-Shares and Warrants, Halt
BULLETIN DATE: March 9, 2015
TSX Venture Tier 2 Company
The Company's Initial Public Offering ('IPO') amended and restated Prospectus dated February 3, 2015, amending and restating the Prospectus dated November 14, 2014 was filed with and accepted by the TSX Venture Exchange, and filed with and receipted by the British Columbia and Ontario Securities Commissions, pursuant to the provisions of the British Columbia and Ontario Securities Acts.
The Prospectus was also filed under Multilateral Instrument 11-102 Passport System in Alberta and Manitoba. A receipt for the Prospectus is deemed to be issued by the regulator in these jurisdictions listed above, if the conditions of the Instrument have been satisfied.
The gross proceeds to be received by the Company on the closing of the IPO will be $1,007,500, comprising 5,037,500 units (each, a 'Unit') at $0.20 per Unit. Each Unit is comprised of one share and one warrant. Each warrant entitles the holder thereof to acquire one additional share of the Company at an exercise price of $0.30 for a period of twenty-four (24) months from the date of listing.
The Company is classified as an 'Oil & Gas' company.
Commence Date: |
At the opening on Tuesday, March 10, 2015, the common |
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shares of the Company will be listed and IMMEDIATELY |
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HALTED on TSX Venture Exchange. |
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Corporate Jurisdiction: |
British Columbia |
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Capitalization: |
Unlimited |
common shares with no par value of which |
|
20,927,500 |
common shares will be issued and outstanding on |
||
closing of the IPO |
|||
Escrowed Shares: |
8,665,000 |
common shares subject to Escrow |
|
Transfer Agent: |
Computershare Investor Services Inc. |
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Trading Symbol: |
SAO |
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CUSIP Number: |
796091106 |
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Agent: |
Richardson GMP Limited (the 'Agent') |
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Agent's Commission: |
A commission of a total of $80,600 is payable in cash to the Agent |
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and selling firms. In addition the Agent and selling firms will receive |
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up to 403,000 options. Each option is exercisable into a share of |
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the Company at $0.20 for a period of twenty-four (24) months from |
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the date of listing. |
For further information, please refer to the Company's Prospectus dated February 3, 2015.
New Listing of Warrants
At the opening on Tuesday, March 10, 2015, the common share warrants of the Company will be listed and IMMEDIATELY HALTED on TSX Venture Exchange.
Capitalization: |
Unlimited |
warrants with no par value of which |
|
5,037,500 |
warrants are issued and outstanding |
Each warrant entitles the holder to purchase one common share at $0.30 until March 10, 2017.
Warrant Trading Symbol: |
SAO.WT |
Warrant CUSIP Number: |
796091114 |
Company Contact: |
Michael Arguijo, CEO, President and Director |
Company Address: |
c/o 1200-750 West Pender Street |
Vancouver, BC |
|
V6C 2T8 |
|
Company Phone Number: |
(512) 330-4409 |
Company Email Address: |
________________________________________
SQI DIAGNOSTICS INC. ("SQD")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: March 9, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 3,236,000 non-transferable bonus warrants in consideration of a CDN$3,236,000 secured loan provided to the Company. The loan bears interest at rate of 10% per annum and matures on January 30, 2020.
Each bonus warrant is exercisable into one common share at $0.60 until January 30, 2020.
For further details, please refer to the Company's news releases dated January 21, 2015, January 30, 2015 and February 20, 2015.
________________________________________
WINDFIRE CAPITAL CORP. ("WIF.H")
[formerly Windfire Capital Corp. ("WIF")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Resume Trading
BULLETIN DATE: March 9, 2015
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 Tuesday, March 10, 2015, 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 Calgary to NEX.
As of March 10, 2015, 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 WIF to WIF.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 May 21, 2014, effective at the open on Tuesday, March 10, 2015, the shares of the Company will resume trading, announcements having been made on February 16, 2015 and March 6, 2015.
_______________________________________
NEX COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: March 6, 2015
NEX Company
A Cease Trade Order has been issued by the British Columbia Securities Commission on March 6, 2015 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) |
||||
REP.H |
NEX |
Reparo Energy Partners Corp. |
A comparative financial statement |
|
for its financial year ended |
14/10/31 |
|||
A Form 51-102F1 Management's |
||||
Discussion and Analysis for the period |
||||
ended |
14/10/31 |
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.
________________________________________
CELLSTOP SYSTEMS INC. ("KNO.H")
BULLETIN TYPE: Consolidation
BULLETIN DATE: March 9, 2015
NEX Company
Pursuant to a resolution passed by the directors on February 17, 2015, the Company has consolidated its capital on a (10) ten old for (1) one new basis. The name of the Company has not been changed.
Effective at the opening on Tuesday, March 10, 2015, the common shares of Cellstop Systems Inc. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Marketer and Developer of Tracking and Security Technology' company.
Post - Consolidation |
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Capitalization: |
Unlimited |
shares with no par value of which |
|
2,505,819 |
shares are issued and outstanding |
||
Escrow |
Nil |
shares |
|
Transfer Agent: |
Computershare Investor Services Inc. |
||
Trading Symbol: |
KNO.H |
(UNCHANGED) |
|
CUSIP Number: |
15116J305 |
(NEW) |
________________________________________
DMD DIGITAL HEATH CONNECTIONS GROUP INC. ("DMG.H")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: March 9, 2015
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 3,800,000 shares at a deemed price of $0.06, in consideration of certain services provided to the company .
Insider / Pro Group Participation: |
||||
Insider=Y / |
Amount |
Deemed Price |
||
Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
Dr. Roger Korman |
Y |
$114,000 |
$0.06 |
1,900,000 |
Denis Martineau |
Y |
$57,000 |
$0.06 |
950,000 |
Mark Benthin |
Y |
$57,000 |
$0.06 |
950,000 |
The Company shall issue a news release when the shares are issued.
________________________________________
DMD DIGITAL HEALTH CONNECTIONS GROUP INC. ("DMG.H")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 9, 2015
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,214,167 shares at $0.06 per share to settle outstanding debt for $132,850.00.
Number of Creditors: |
1 Creditor |
|||
Insider / Pro Group Participation: |
||||
Insider=Y / |
Amount |
Deemed Price |
||
Creditor |
ProGroup=P |
Owing |
per Share |
# of Shares |
Dr. Roger Korman |
Y |
$132,850.00 |
$0.06 |
2,214,167 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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