VANCOUVER, May 13, 2015 /CNW/ -
TSX VENTURE COMPANIES:
ANNIDIS CORPORATION ("RHA")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 13, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,016,667 shares to settle outstanding debt for $504,166.75.
| Number of Creditors: |
1 Creditor |
||||
| Insider=Y / |
Amount |
Deemed Price |
|||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
|
| Yimai Technology International |
Y |
$504,166.75 |
$0.25 |
2,016,667 |
|
| Company |
|||||
For further information, please refer to the Company's news release dated May 6, 2015.
________________________________________
AMERICAN VANADIUM CORP. ("AVC")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 13, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,337,830 shares at a deemed price of $0.07 per share to settle outstanding debt for $93,648.09.
| Number of Creditors: |
5 Creditors |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
BITGOLD INC. ("XAU")
BULLETIN TYPE: New Listing-Shares, Correction
BULLETIN DATE: May 13, 2015
TSX Venture Tier 2 Company
Effective at the opening, May 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: |
||
_________________________________________
CANADA CARBON INC. ("CCB")
BULLETIN TYPE: Halt
BULLETIN DATE: May 13, 2015
TSX Venture Tier 1 Company
Effective at 6:27 a.m. PST, May 13, 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.
________________________________________
CANADA CARBON INC. ("CCB")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 13, 2015
TSX Venture Tier 1 Company
Effective at 11:45 a.m., PST, May 13, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
CRAIG WIRELESS SYSTEMS LTD. ("CWG")
BULLETIN TYPE: Suspend
BULLETIN DATE: May 13, 2015
TSX Venture Tier 2 Company
Further to the Exchange bulletin dated April 23, 2015, effective at the opening Thursday, May 14, 2015, trading in the shares of the Company will be suspended for failure to maintain Exchange requirements, the Company having less than 3 Directors.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
TSX-X
________________________________________
CYPRESS DEVELOPMENT CORP. ("CYP")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 13, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a property option Agreement dated May 5, 2015 between Cypress Development Corp. (the Company) and Mr. Robert D. Marvin and Mrs. Joy K. Marvin whereby the Company may acquire a 100% interest in the Frost Project (1050 acres) located in Malheur County, Southeast Oregon, USA. Consideration is USD$30,000 and 250,000 common shares over a 4 year period. The property is subject to a 2% NSR, with the company having the right to purchase one-half (1%) at any time for USD$500,000.
________________________________________
DECISIVE DIVIDEND CORPORATION ("DE")
BULLETIN TYPE: Notice of Dividend
BULLETIN DATE: May 13, 2015
TSX Venture Tier 2 Company
The Issuer has declared the following dividend:
| Dividend per Share: |
$0.02 |
| Payable Date: |
June 15, 2015 |
| Record Date: |
May 31, 2015 |
| Ex-distribution Date: |
May 27, 2015 |
________________________________________
ELISSA RESOURCES LTD. ("ELI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 13, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Feb 19, 2015:
| Number of Shares: |
15,000,000 shares |
||||
| Purchase Price: |
$0.05 per share |
||||
| Warrants: |
15,000,000 share purchase warrants to purchase 15,000,000 shares |
||||
| Warrant Initial Exercise Price: |
$0.10 |
||||
| Warrant Term to Expiry: |
2 Years |
||||
| Number of Placees: |
63 Placees |
||||
| Insider / Pro Group Participation: |
|||||
| Name |
Insider=Y / |
# of Shares |
|||
| Paul McKenzie |
Pro-Group=P |
600,000 |
|||
| Armada Investment Corp. |
Y |
1,000,000 |
|||
| Arnold Armstrong |
Y |
||||
| Aggregate Pro-Group Involvement [2 placees] |
P |
400,000 |
|||
| Finder's Fee: |
|||||
| Name |
Cash |
Shares |
Warrants |
Other |
|
| Haywood Securities Inc. |
$10,320.00 |
104,000 |
|||
| Canaccord Genuity Corp. |
384,000 |
||||
| Jordan Capital Markets Inc. |
$1,920.00 |
||||
| Mackie Research Capital |
$2,000.00 |
||||
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.
The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantees 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.
________________________________________
EXITO ENERGY II INC. ("EXI.P")
BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction within 24 months of Listing
BULLETIN DATE: May 13, 2015
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated April 7, 2015, effective at the open, Wednesday, May 13, 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.
________________________________________
GDI INTEGRATED FACILITY SERVICES INC. ("GDI")
[Formerly: Medwell Capital Corp. ("MWC")]
BULLETIN TYPE: Change of Business – Completed / New Symbol, Prospectus-Share Offering, Name Change and Consolidation, Graduation
BULLETIN DATE: May 13, 2015
TSX Venture Tier 1 Company
Change of Business
TSX Venture Exchange has accepted for filing the Change of Business ("COB") of Medwell Capital Corp. (the "Company" or "Medwell") described in its management information circular dated April 13, 2015 (the "Circular").
The COB consists of the following transactions, to be effected by way of a plan of arrangement under section 192 of the CBCA (the "Arrangement"):
- The consolidation of the issued and outstanding common shares of the Company (the "Common Shares") and the amendment of the capital structure to create subordinate voting shares (the "Subordinate Voting Shares") and multiple voting shares (the "Multiple Voting Shares"); and
- The non-arm's length acquisition of, among other things, all the securities of GDI Integrated Facility Services Inc. ("GDI") for a total consideration of approximately $296.1M, comprised of a cash payment of approximately $134.8M and the issuance of 9,461,200 post-consolidated Multiple Voting Shares (4 votes per share) and 624,252 post-consolidated Subordinate Voting Shares (1 vote per share) at a deemed issue price of $16.00 per post-consolidated Subordinate Voting Share ($161.3M in shares); and
- The public offering of 9,400,000 Subordinate Voting Shares at a price of $16.00 per Subordinate Voting Share for aggregate gross proceeds of $150,400,000 (the "Offering").
For further information, please refer to the Circular, the prospectus of the Company dated May 6, 2015 (the "Prospectus") and the Company's press releases dated May 6, 2015 and May 7, 2015, available on SEDAR.
The Exchange has been advised that the above transactions, approved by shareholders on May 13, 2015, will be completed before the market opening on Thursday, May 14, 2105.
Prospectus-Share Offering
The Prospectus was filed with and accepted by the Exchange, and filed with and receipted on May 7, 2015 by the securities regulatory authorities in each of the provinces and territories of Canada.
The closing of the Offering and the Arrangement is scheduled to be completed before the market opening on Thursday, May 14, 2015.
| Underwriters: |
TD Securities Inc., National Bank Financial Inc., Desjardins Securities Inc., GMP Securities L.P., BMO Nesbitt Burns Inc., CIBC World Markets Inc., Scotia Capital Inc. and Merrill Lynch Canada Inc. |
| Offering: |
9,400,000 Subordinate Voting Shares at $16.00 per Subordinate Voting Share ($150,400,000) |
| Underwriters Fee: |
A cash commission equal to 6% of the aggregate gross proceeds of the Offering, inclusive of any proceeds received in respect of Subordinate Voting Shares sold pursuant to the exercise of the Over-Allotment Option (as defined below). |
| Over-allotment Option: |
The underwriters have been granted an over-allotment option, exercisable for a period of 30 days following the closing, to purchase up to 705,000 Subordinate Voting Shares at a price of $16.00 per Subordinate Voting Share (the "Over-Allotment Option"). |
Name Change and Consolidation
Pursuant to a resolution passed by the shareholders of Medwell at the special meeting of shareholders held on May 13, 2015, and as part of the Arrangement, the capital of the Company will be consolidated on the basis of 1 post-consolidation Subordinate Voting Share for every 10.4 pre-consolidation Common Share and the name of the Company will be changed to "GDI Integrated Facility Services Inc.".
Graduation
TSX Venture Exchange has been advised that the Subordinate Voting Shares of the resulting issuer of Medwell's COB will be listed and commence trading on Toronto Stock Exchange at the market opening on Thursday, May 14, 2015 under the name "GDI Integrated Facility Services Inc." with the symbol "GDI".
As a result of this graduation, there will be no further trading under the symbol "MCW" on the TSX Venture Exchange after Wednesday, May 13, 2015, and Medwell's Common Shares will be delisted from TSX Venture Exchange at the commencement of trading of GDI Integrated Facility Services Inc. on Toronto Stock Exchange.
Please refer to the Original Listing bulletin issued by TSX and dated May 12, 2015 for further information on GDI Integrated Facility Services Inc.
________________________________________
GOLDEN DAWN MINERALS INC. ("GOM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 13, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an acquisition agreement dated March 24, 2015 (the 'Agreement') between the Company and Donald Rippon and Karl Schindler (collectively, the 'Vendors'). Pursuant to the terms of the Agreement, the Company will acquire a 100% interest in the Amigo Property in British Columbia (the 'Property'). By way of consideration, the Company will make cash payments totalling $10,000 and will issue 200,000 shares to the Vendors at a deemed price of $0.235 per share. The Property is subject to a 1.5% NSR is favour of each Vendor (3% total).
Please refer to the Company's news release dated March 26, 2015 for further details.
________________________________________
GRAY ROCK RESOURCES LTD. ("GRK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 13, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 04, 2015:
| Number of Shares: |
575,000 shares |
||||
| Purchase Price: |
$0.02 per share |
||||
| Warrants: |
575,000 share purchase warrants to purchase 575,000 shares |
||||
| Warrant Initial Exercise Price: |
$0.05 |
||||
| Warrant Term to Expiry: |
2 Years |
||||
| Number of Placees: |
2 Placees |
||||
| Insider / Pro Group Participation: |
|||||
| Name |
Insider=Y / |
||||
| Pro-Group=P |
# of Shares |
||||
| Intermark Capital Corporation |
Y |
500,000 |
|||
| (David Wolfin) |
|||||
The Company confirmed closing of the private placement in a news release dated May 12, 2015. 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.
The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantees 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.
________________________________________
GULFSTREAM ACQUISITION 1 CORP. ("GFL.P")
BULLETIN TYPE: Notice – QT Not Completed – Approaching 24 Months of Listing
BULLETIN DATE: May 13, 2015
TSX Venture Tier 2 Company
The shares of the Company were listed on TSX Venture Exchange on June 13, 2013. The Company, which is classified as a Capital Pool Company ('CPC'), is required to complete a Qualifying Transaction ('QT') within 24 months of its date of listing, in accordance with Exchange Policy 2.4.
The records of the Exchange indicate that the Company has not yet completed a QT. If the Company fails to complete a QT by its 24-month anniversary date of June 15, 2015, the Company's trading status may be changed to a halt or suspension without further notice, in accordance with Exchange Policy 2.4, Section 14.6.
TSX-X
________________________________________
HAPPY CREEK MINERALS LTD. ("HPY")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: May 13, 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: |
1,668,000 |
| Original Expiry Date of Warrants: |
May 21, 2015 |
| New Expiry Date of Warrants: |
May 21, 2016 |
| Exercise Price of Warrants: |
$0.20 |
These warrants were issued pursuant to a private placement of 3,336,001 shares with 1,668,000 share purchase warrants attached, which was accepted for filing by the Exchange effective May 30, 2014.
________________________________________
MAPLE LEAF GREEN WORLD INC. ("MGW")
BULLETIN TYPE: Non-Brokered Private Placement
BULLETIN DATE: May 13, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 24, 2015:
| Number of Securities: |
4,000,000 Units (Each Unit consists of one common share of the Company ("Share") and one Common Share purchase warrant ("Warrant") with each Warrant exercisable for one Share at a price of $0.075 for up to two years from date of issuance) |
||
| Purchase Price: |
$0.05 per Unit |
||
| Number of Placees: |
7 Placees |
||
| Insider / |
|||
| Pro Group Participation: |
Insider=Y / |
||
| Name |
ProGroup=P / |
# of Units |
|
| Raymond Lai |
Y |
200,000 |
|
| Finders Fee: |
Sy Yoon – Cash payment $2,100 |
||
________________________________________
MEDIFOCUS INC. ("MFS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 13, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 27, 2015:
| Number of Shares: |
38,750,000 shares |
||
| Purchase Price: |
$0.055 per share |
||
| Number of Placees: |
6 Placees |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / |
|||
| Name |
ProGroup=P |
# of Shares |
|
| Integrated Asset Management (Asia) Limited |
Y |
9,090,909 |
|
| Finder's Fee: |
an aggregate of US$144,000, payable to Asset Profile Limited and Bess Wide Holdings Limited |
||
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).
________________________________________
PENNINE PETROLEUM CORP. ("PNN")
BULLETIN TYPE: Correction
BULLETIN DATE: May 13, 2015
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated May 12, 2015, the Bulletin Type should have been Property Asset or Share Purchase Agreement, not a Private Placement Non-Brokered.
All other details remain unchanged
________________________________________
SATURN MINERALS INC. ("SMI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 13, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the second tranche of a Non-Brokered Private Placement announced March 23, 2015 and April 2, 2015:
| Number of Shares: |
340,000 flow-through shares |
||
| Purchase Price: |
$0.18 per flow-through share |
||
| Warrants: |
170,000 share purchase warrants to purchase 170,000 shares |
||
| Warrant Exercise Price: |
$0.30 for an eighteen (18) month period |
||
| Number of Placees: |
3 Placees |
||
| Insider=Y / |
|||
| Name |
ProGroup=P |
# of Shares |
|
| Curt Maxwell |
Y |
50,000 |
|
| Chris Barton |
Y |
200,000 |
|
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.
________________________________________
SATURN MINERALS INC. ("SMI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 13, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 7, 2015 and May 11, 2015:
| Number of Shares: |
2,500,000 shares |
| 0Purchase Price: |
$0.18 per share |
| Warrants: |
1,250,000 share purchase warrants to purchase 1,250,000 shares |
| Warrant Exercise Price: |
$0.30 for an eighteen (18) month 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.
________________________________________
TERRAX MINERALS INC. ("TXR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 13, 2015
TSX Venture Tier 2 Company
Effective at 11:45 a.m., PST, May 13, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
TERRAX MINERALS INC. ("TXR")
BULLETIN TYPE: Halt
BULLETIN DATE: May 13, 2015
TSX Venture Tier 2 Company
Effective at 6:20 a.m. PST, May 13, 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.
________________________________________
VICTORY VENTURES INC. ("VVN")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: May 13, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the reduction in the exercise price and the extension in the expiry date of the following warrants:
| Private Placement: |
|
| # of Warrants: |
2,100,000 |
| Original Expiry Date of Warrants: |
May 24, 2015 |
| New Expiry Date of Warrants: |
May 24, 2016 |
| Original Exercise Price of Warrants: |
$0.12 |
| New Exercise Price of Warrants: |
$0.08 |
| # of Warrants: |
2,925,000 |
| Original Expiry Date of Warrants: |
June 5, 2015 |
| New Expiry Date of Warrants: |
June 5, 2016 |
| Original Exercise Price of Warrants: |
$0.12 |
| New Exercise Price of Warrants: |
$0.08 |
These warrants were issued pursuant to a private placement of 5,025,000 shares with 5,025,000 share purchase warrants attached, which was accepted for filing by the Exchange in two tranches effective May 24, 2013 and June 3, 2013.
________________________________________
XMET INC. ("XME")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 13, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an Exploration Option Agreement (the "Agreement") made as of May 11, 2015, between Xmet Inc. (the "Company") and two arm's length parties (collectively, the "Vendors"), whereby the Company will acquire a 100% interest in certain mining claims (the "Win-Win Property"), located 35 kms southwest of Chibougamau, Quebec.
Under the terms of the Agreement, the Company will make aggregate cash payments of $265,000, issue 5,000,000 common shares over a four year period, and incur $1,300,000 in exploration expenditures over a four year period.
For further details, please refer to the Company's news release dated May 11, 2015.
________________________________________
NEX COMPANIES
ATORO CAPITAL CORP. ("TTO.H")
BULLETIN TYPE: Consolidation
BULLETIN DATE: May 13, 2015
NEX Company
Pursuant to a Directors' Resolution dated March 30, 2015, the Company has consolidated its capital on a 2.25 old for 1 new basis. The name of the Company has not been changed.
Effective at the opening May 14, 2015, the shares of will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Capital Pool' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 2,478,222 |
shares are issued and outstanding |
|
| Escrow |
355,555 |
shares are subject to escrow |
| Transfer Agent: |
Computershare Investor Services Inc. |
|
| Trading Symbol: |
TTO.H (UNCHANGED) |
|
| CUSIP Number: |
04962D208 (new) |
|
________________________________________
GENVIEW CAPITAL CORP. ("GVW.H")
BULLETIN TYPE: Halt
BULLETIN DATE: May 13, 2015
NEX Company
Effective at 5 a.m. PST, May 13, 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.
________________________________________
INTERNET OF THINGS INC. ("ITT")
[formerly HTN Inc. ("HET.H")]
BULLETIN TYPE: Change of Business, Private Placement-Non-Brokered, Convertible Debentures, Name Change, Symbol Change, Graduation from NEX to TSX Venture, Resume Trading
BULLETIN DATE: May 13, 2015
NEX Company
TSX Venture Exchange has accepted for filing the Company's Change of Business, which includes the acceptance of the following transactions:
Share Exchange Agreement
Pursuant to the Share Exchange Agreement dated March 6, 2015 between the Company, Double Door Communications Inc. ("Double Door") and the shareholders of Double Door, the Company has acquired all of the issued and outstanding common shares of Double Door. In consideration for the acquisition of such securities, the Company issued an aggregate of 15,000,000 common shares to the shareholders of Double Door, of which 5,000,000 common shares are subject to a performance escrow agreement between such shareholders and the Company.
Private Placement-Non-Brokered, Convertible Debentures
The Company has closed a Non-Brokered Private Placement announced December 15, 2014:
| Convertible Debenture: |
$525,000 |
| Conversion Price: |
Convertible into units consisting of 10,500,000 common share and 10,500,000 common share purchase warrant at $0.05 of principal outstanding in year one, at $0.10 in year two. Each warrant is exercisable at a price of $0.075 per share for a period of 3 years from the date of issuance of the Convertible Debentures. |
| Maturity date: |
April 30, 2017 |
| Interest rate: |
12% |
| Number of Placees: |
14 Placees |
| Insider / Pro Group Participation: |
Nil. |
| Finder's Fee: |
$500 and 20,000 finder's warrants paid to Jordan Capital Markets Inc. Each finder warrant is exercisable into a Unit of the Company for a period of two years from closing at an exercise price of $0.05 per unit, each unit being comprised of one common share and one warrant exercisable at $0.075 per share for two years from closing. |
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.
Name Change
Pursuant to a resolution passed by shareholders on January 13, 2015, the Company has changed its name to Internet of Things Inc.. There is no consolidation of capital.
Graduation from NEX to TSX Venture
The Company has met the requirements to be listed as a TSX Venture Tier 2 Company. Therefore, effective on May 14, 2015, the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to Toronto.
Effective at the opening, May 14, 2015, the common shares of Internet of Things Inc. will commence trading on TSX Venture Exchange, and the common shares of HTN Inc. will be delisted. The trading symbol for the Company will change from HET.H to ITT. The Company is classified as an 'Internet Marketing' company.
| Capitalization: |
Unlimited number of common shares with no par value of which 156,077,557 shares are issued and outstanding |
|
| Escrow: |
15,000,000 common shares |
|
| Escrow Term: |
3 years |
|
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
ITT (new) |
|
| CUSIP Number: |
46063M108 (new) |
|
| Company Contact: Michael Frank, President and CEO |
||
| Company Address: 703- 151 Bloor Street West, Toronto, Ontario, Canada M5S 1S4 |
||
| Company Phone Number: (416) 927-7003 |
||
| Company Fax Number: (416) 927-1222 |
||
| Company Email Address: [email protected] |
||
| Company Website: www.theiotinc.com |
||
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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