VANCOUVER, May 12, 2015 /CNW/ -
TSX VENTURE COMPANIES:
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: May 12, 2015
TSX Venture Companies
A Cease Trade Order has been issued by the Financial Consumers Affairs Authority on May 11, 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) |
||||
| GWG |
2 |
Great Western Minerals Group Ltd |
Comparative audited annual financial statements for theyear ended, as required by Part 4 of National Instrument 51-102 - Continuous Disclosure Obligations |
14/12/31 |
| Management's discussion and analysis materials for the annual period ended, as required by Part 5 of National Instrument 51-102 - Continuous Disclosure Obligations |
14/12/31 |
|||
| Annual certificates relating to the December 31, 2014 annual financial statements and management's discussion and analysis materials, signed by the Chief Executive Officer and Chief Financial Officer as required by National Instrument 51-109 – Certification of Disclosure In Issuer's Annual and Interim Filings |
14/12/31 |
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 companies during the period of the suspension or until further notice.
________________________________________
ASIABASEMETALS INC. ("ABZ")
BULLETIN TYPE: Consolidation
BULLETIN DATE: May 12, 2015
TSX Venture Tier 2 Company
Pursuant to a directors' resolution dated April 26, 2015, the Company has consolidated its capital on a 2 old for 1 new basis. The name of the Company has not been changed.
Effective at the opening May 13, 2015, the shares of will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration/Development' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 38,600,446 |
shares are issued and outstanding |
|
| Escrow |
Nil |
shares are subject to escrow |
| Transfer Agent: |
Computershare Investor Services Inc. |
|
| Trading Symbol: |
ABZ (UNCHANGED) |
|
| CUSIP Number: |
04521E200 (new) |
|
________________________________________
ASIABASEMETALS INC. ("ABZ")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: May 12, 2015
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletin dated November 13, 2014 with respect to the option to acquire a 100% interest in the Jean Iron Ore Project that is located in the Thunder Bay Mining District of Ontario, the Option Agreement dated August 25, 2014 is terminated and the Company and Great Lakes Resources Ltd. have entered into a Property Purchase and Sale Agreement dated April 24, 2015 whereby the Company has agreed to issue 100,000 post-consolidated shares as consideration for the property.
________________________________________
AURACLE RESOURCES LTD ("AAL")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 12, 2015
TSX Venture Tier 2 Company
Effective at market open May 13, 2015, shares of the Company will resume trading, an announcement having been made.
________________________________________
BITGOLD INC. ("XAU")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: April 12, 2015
TSX Venture Tier 2 Company
Effective at the opening, Wednesday, April 13, 2015, the common shares of the Company will commence trading on TSX Venture Exchange. The Company is a development-stage internet based technology business which buys and sells bullion grade gold for customers. The Company is classified as an "Electronic shopping and mail-order houses" company.
| Corporate Jurisdiction: |
Canada |
|
| Capitalization: |
Unlimited |
common shares with no par value of which |
| 36,619,885 |
common shares are issued and outstanding |
|
| Escrowed Securities: |
20,964,409 |
common shares; and |
| 719,850 |
warrants. |
|
| Transfer Agent: |
Capital Transfer Agency Inc. |
|
| Trading Symbol: |
XAU (New) |
|
| CUSIP Number: |
09173M103 (New) |
|
| For further information, please consult the Company's profile at www.sedar.com. |
||
| Company Contact: |
Karman Lee |
|
| Company Address: |
334 Adelaide St. W., 3rd Floor, Toronto, ON M5V 1R4 |
|
| Company Phone Number: |
(647) 494-9042 |
|
| Company Fax Number: |
(647) 499-4435 |
|
| Company Email Address: |
||
_________________________________________
CANCANA RESOURCES CORP. ("CNY")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: May 12, 2015
TSX Venture Tier 2 Company
Pursuant to Policy 1.2, TSX Venture Exchange has been advised of, and accepted the change of the Filing and Regional Office from Toronto to Vancouver.
________________________________________
CHALLENGER DEEP RESOURCES CORP. ("CDE")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 12, 2015
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, May 12, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
COLUMBUS GOLD CORPORATION ("CGT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 12, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 11, 2015:
| Number of Shares: |
5,000,000 shares |
| Purchase Price: |
$0.40 per share |
| Number of Placees: |
1 Placee |
| Finder's Fee: |
Ecoban Securities Corporation receives $120,000 |
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.
________________________________________
DESERT STAR RESOURCES LTD. ("DSR")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: May 12, 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: |
833,333 |
| Original Expiry Date of Warrants: |
August 24, 2014, as extended to August 24, 2015 |
| New Expiry Date of Warrants: |
August 24, 2016 |
| Exercise Price of Warrants: |
$0.40 |
These warrants were issued pursuant to a private placement of 1,666,666 shares with 1,666,666 share purchase warrants attached, which was accepted for filing by the Exchange effective August 22, 2012. The shares were subject to a 2:1 consolidation effective January 21, 2013.
| Private Placement: |
|
| # of Warrants: |
5,843,888 |
| Original Expiry Date of Warrants: |
July 28, 2015 |
| New Expiry Date of Warrants: |
July 28, 2016 |
| Exercise Price of Warrants: |
$0.25 |
These warrants were issued pursuant to a private placement of 5,843,888 shares with 5,843,888 share purchase warrants attached, which was accepted for filing by the Exchange effective January 23, 2014.
________________________________________
EXGEN RESOURCES INC. ("EXG")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: May 12, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to an amendment agreement (the "Agreement") between ExGen Resources Inc. (the "Company") and Musgrove Minerals Corp. ("Musgrove") to the Empire Mine Option whereby the Company, through its wholly owned subsidiary Konnex Resources, Inc., will acquire a 100% interest in the Empire Mine. In consideration, the Company will pay $30,000 and issue 2,000,000 common shares at a deemed price of $0.05 per share
Insider / Pro Group Participation: None
For further information, please refer to the Company's press release dated April 20, 2015.
________________________________________
FIRST GLOBAL DATA LIMITED ("FGD")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: May 12, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 27, 2015 and February 27, 2015:
| Convertible Debenture |
$570,000 |
|||
| Conversion Price |
Convertible into shares at $0.15 of principal outstanding per share until maturity |
|||
| Maturity Date |
April 8, 2018 |
|||
| Interest Rate |
10% |
|||
| Warrants |
760,000 detachable warrants to purchase 760,000 shares |
|||
| Warrant Exercise Price |
$0.20 for an eighteen month period |
|||
| Number of Placees: |
12 Placees |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
||||
| Name |
ProGroup=P |
Amount |
||
| Pro Group Involvement |
P |
$30,000 |
||
| [1 Placee] |
||||
| Finders' Fees: |
an aggregate of $45,600 plus 304,000 finder's warrants (each exercisable into one common share at a price of $0.15 for a three year period) is payable to CIBC Wood Gundy. |
|||
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.
________________________________________
GENTOR RESOURCES INC. ("GNT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 12, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 2 and April 28, 2015:
| Number of Shares: |
15,000,000 shares |
||
| Purchase Price: |
$0.06 per share |
||
| Warrants: |
7,500,000 share purchase warrants to purchase 7,500,000 shares |
||
| Warrant Exercise Price: |
$0.10 for a two year period |
||
| Number of Placees: |
9 Placees |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / |
|||
| Name |
ProGroup= |
# of Shares |
|
| Arnold Kondrat |
Y |
8,100,000 |
|
| Richard Lachcik |
Y |
1,000,000 |
|
| Geoffrey Farr |
Y |
500,000 |
|
| Donat Madilo |
Y |
500,000 |
|
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.
For further details, please refer to the Company's news release dated May 6, 2015.
________________________________________
GOLD RIDGE EXPLORATION CORP. ("GEA")
BULLETIN TYPE: Halt
BULLETIN DATE: May 12, 2015
TSX Venture Tier 2 Company
Effective at 5:52 a.m. PST, May 12, 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.
________________________________________
GOLD RIDGE EXPLORATION CORP. ("GEA")
BULLETIN TYPE: Remain Halted - Reverse Takeover
BULLETIN DATE: May 12, 2015
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated May 12, 2015, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the change of business and/or Reverse Take-Over pursuant to Listings Policy 5.2.
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.
________________________________________
HONEY BADGER EXPLORATION INC. ("TUF")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 12, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to an option agreement (the "Agreement") dated May 8, 2015, between Energizer Resources Inc. (the "Optionor") and Honey Badger Exploration Inc. (the "Company"). Pursuant to the Agreement, the Optionor will have the option to acquire up to an aggregate of 100% of the Sagar Property, located Nunavik, Quebec.
In order to exercise its options, the Company must make certain cash payments, exploration expenditures and share issuances to the Optionor, The share issuances will be an aggregate maximum of the lessor of 60,000,000 shares and 19.5% of the Company's issued and outstanding shares.
For more information, refer to the Company's news release dated May 12, 2015.
________________________________________
HONEY BADGER EXPLORATION INC. ("TUF")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 12, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a waiver agreement (the "Agreement") dated July 17, 2014 between Energizer Resources Inc. (the "Vendor"), Virginia Mines Inc. ("Virginia") and Honey Badger Exploration Inc. (the "Company"). Pursuant to the Agreement, Virginia has agreed to waive certain rights regarding 182 mining claims included in the Sagar Property.
As consideration, the Company has agreed to issue 1,000,000 shares to Virginia.
For more information, refer to the Company's news release dated August 5, 2014.
________________________________________
INTEMA SOLUTIONS INC. ("ITM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 12, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement as announced on January 15, 2015:
| Number of Shares: |
10,000,000 common shares |
| Purchase Price: |
$0.075 per common share |
| Warrants: |
10,000,000 warrants to purchase 10,000,000 common shares |
| Warrant exercise price: |
$0.15 per share until February 18, 2017 |
| Number of Placees: |
65 Placees |
The Company has confirmed the closing of the above-mentioned Private Placement by way of a press release dated February 10, 2015.
INTEMA SOLUTIONS INC. (« ITM »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 12 mai 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 15 janvier 2015 :
| Nombre d'actions : |
10 000 000 d'actions ordinaires |
| Prix : |
0,075 $ par action ordinaire |
| Bons de souscription : |
10 000 000 de bons de souscription permettant de souscrire à 10 000 000 d'actions ordinaires |
| Prix d'exercice des bons : |
0,15 $ par action jusqu'au 18 février 2017 |
| Nombre de souscripteurs : |
65 souscripteurs |
La société a confirmé la clôture du placement privé mentionné ci-dessus par un communiqué de presse émis le 10 février 2015.
_______________________________________________
MAMMOTH RESOURCES CORP. ("MTH")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 12, 2015
TSX Venture Tier 2 Company
Further to the Exchange Bulletin dated May 1, 2015, effective at the open, Wednesday, May 13, 2015, shares of the Company will resume trading; transfer agent services having been reinstated.
_______________________________________
MERREX GOLD INC. ("MXI")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 12, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 315,697 shares to settle outstanding debt for $50,511.55
| Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
METROPOLITAN ENERGY CORP. ("MOE")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: May 12, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 120,000 bonus shares to two lenders in consideration of an unsecured $30,000 loan with a term of one year. Interest is payable at 18% per annum and if the loan is not repaid at maturity, interest will be charged at 24% per annum.
| Insider: |
||
| Shares |
Warrants |
|
| Michael Thomson |
80,000 |
nil |
________________________________________
NXT ENERGY SOLUTIONS INC. ("SFD")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 12, 2015
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, May 12, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
PENNINE PETROLEUM CORP. ("PNN")
BULLETIN TYPE: Private Placement-Non-Brokered, Correction
BULLETIN DATE: May 12, 2015
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated May 11, 2015, the Bulletin Date should have been May 11, 2015.
All other details remain unchanged
________________________________________
PERUVIAN PRECIOUS METALS CORP. ("PPX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 12, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 15, 2015 and May 12, 2015:
| Number of Shares: |
15,385,390 shares |
| Purchase Price: |
$0.10 per share |
| Warrants: |
15,385,390 share purchase warrants to purchase 15,385,390 shares |
| Warrant Exercise Price: |
$0.15 for a two year period. If the volume weighted average trading price exceeds $0.40 for 20 consecutive trading days at any time after four months and one day after closing the Company may, upon giving notice to the warrant holder, shorten the expiry date of the warrants to 30 days from the date of notice. |
| Number of Placees: |
14 Placees |
| Finder's Fee: |
$57,552.73 and 575,527 finder's warrants payable to GPI Valores SAB. |
| 655,304 shares and 655,304 finder's warrants payable to Tomas Silva. |
|
| Each finder's warrant is exercisable at price of $0.16 for a three year period. If the volume weighted average trading price exceeds $0.45 for 20 consecutive trading days at any time after four months and one day after closing the Company may, upon giving notice to the warrant holder, shorten the expiry date of the warrants to 30 days from the date of notice. |
Note that in certain circumstances the Exchange may later extend the expiry date of the private placement warrants, if they are less than the maximum permitted term.
________________________________________
PHILIPPINE METALS INC. ("PHI")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 12, 2015
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, May 12, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
NEX COMPANIES
BULLETIN TYPE: Listing Maintenance Fees - Delist
BULLETIN DATE: May 12, 2015
NEX Companies
Effective at the close of business on Wednesday, May 13, 2015, and in accordance with NEX Policy, section 15, the following companies' securities will be delisted from NEX, for failure to pay their quarterly NEX Listing Maintenance Fee. Prior to delisting, these companies' securities were subject to a suspension from trading.
If the issuer has any questions regarding this halt, please contact:
Mr. Andy Creech
Team Manager, Listed Issuer Services
Phone: 604-602-6936
Fax: 604-844-7502
| Issuer Name |
Symbol |
| PACIFIC ORIENT CAPITAL INC. |
AAQ.H |
| PHARMAGAP INC. |
GAP.H |
| POYNT CORPORATION |
PYN.H |
| SOLARA EXPLORATION LTD. |
SAA.H |
| THE MEDIPATTERN CORPORATION |
MKI.H |
| TIMES THREE WIRELESS INC. |
TTW.H |
| TRANSGLOBE INTERNET & TELECOM CO. LTD |
TTI.H |
| TWOCO PETROLEUMS LTD. |
TWO.H |
| UNDERGROUND ENERGY CORPORATION |
UGE.H |
| UNITED PROTECTION SECURITY GROUP |
UZZ.H |
| VALHALLA RESOURCES LTD. |
VH.H |
| VECTA ENERGY CORPORATION |
VER.H |
| VENGA AEROSPACE SYSTEMS INC. |
VAV.H |
| XENEX MINERALS LTD. |
XM.H |
| ZINCCORP RESOURCES INC. |
ZN.H |
_______________________________________
AIM EXPLORATIONS LTD. ("AXN.H")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 12, 2015
NEX Company
Effective at 5:00 a.m., PST, May 12, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
CAPSTREAM VENTURES INC. ("CSP.H")
BULLETIN TYPE: Remain Halted - Qualifying Transaction
BULLETIN DATE: May 12, 2015
NEX Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated May 11, 2015, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation pursuant to TSXV Policy 2.4 regarding a Qualifying Transaction.
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.
________________________________________
SUPERIOR MINING INTERNATIONAL CORPORATION ("SUI.H")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 12, 2015
NEX Company
Effective at 5:00 a.m., PST, May 12, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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