VANCOUVER, May 19, 2015 /CNW/ -
TSX VENTURE COMPANIES:
CALLINEX MINES INC. ("CNX")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 19, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 603,788 shares at a price of $0.308 per share to settle outstanding debt for $185,966.83.
| Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
CODRINGTON RESOURCE CORPORATION ("CA")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 19, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a property option agreement dated March 20, 2015 (the "Agreement") between Codrington Resource Corporation (the "Company") and GeoMap Exploration Inc. (Afzaal Pirzada) and Nathan Rotstein (together the "Vendors"), whereby the Company has agreed to purchase a 100% ownership of the Lac Aux Bouleaux Graphite Property in Quebec, Canada. Pursuant to the Agreement, the Company will pay a total of $60,000 in cash ($30,000 in the first year), issue 2,000,000 common shares (1,000,000 shares in the first year) and carry out exploration and development work in the amount of $500,000 over a period of two years. The Company will grant to the Vendors a 3% NSR and has the option to purchase at any time for $1,000,000 per percentage point.
________________________________________
COLOMBIAN MINES CORPORATION ("CMJ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 19, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 13, 2015:
| Second Tranche: |
|||
| Number of Shares: |
400,000 shares |
||
| Purchase Price: |
$0.10 per share |
||
| Warrants: |
400,000 share purchase warrants to purchase 400,000 shares |
||
| Warrant Exercise Price: |
$0.12 for the first six months |
||
| $0.20 for the remaining months in the first year and second year |
|||
| Number of Placees: |
2 Placees |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / |
|||
| Name |
ProGroup=P |
# of Shares |
|
| D. Cross Ltd. |
|||
| (Dave Cross) |
Y |
150,000 |
|
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. 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.
_________________________________
DIAMOND ESTATES WINES & SPIRITS INC. ("DWS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 19, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 13, 2015:
| Number of Shares: |
26,733,288 shares |
||
| Purchase Price: |
$0.12 per share |
||
| Number of Placees: |
30 Placees |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / |
|||
| Name |
ProGroup=P |
# of Shares |
|
| Oakwest Corporation Limted |
Y |
8,750,000 |
|
| (David Buetel) |
|||
| Murray Souter |
Y |
312,500 |
|
| Patrica Souter |
Y |
312,500 |
|
| Alan Stratton |
Y |
425,000 |
|
| Andrew Green |
Y |
41,670 |
|
| Harold and Shelley Wolkin |
Y |
900,000 |
|
| Craig Graham |
Y |
208,334 |
|
| Keith R. Harris |
Y |
208,300 |
|
| John De Sousa |
Y |
316,667 |
|
| John Hick |
Y |
84,000 |
|
| Finder's Fee: |
An aggregate of $104,418 was paid to CIBC World Markets, GMP Securities L.P., BMO Nesbitt Burns, Altus Securities Inc. and Paradigm Capital. |
||
For further details, please refer to the Company's news release dated April 29, 2015.
________________________________________
DISCOVERY HARBOUR RESOURCES CORP. ("DHR")
BULLETIN TYPE: Halt
BULLETIN DATE: May 19, 2015
TSX Venture Tier 2 Company
Effective at 8:54 a.m. PST, May 19, 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.
________________________________________
DISCOVERY HARBOUR RESOURCES CORP. ("DHR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 19, 2015
TSX Venture Tier 2 Company
Effective at 10:30 a.m., PST, May 19, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
EASTSIBERIAN PLC ("ESB.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 19, 2015
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 30, 2014 and April 1, 2015:
| Number of Shares: |
29,344,514 shares |
||
| Purchase Price: |
$0.05 per share |
||
| Number of Placees: |
40 placees |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / |
|||
| Name |
ProGroup=P |
# of Shares |
|
| Josef Hocher |
Y |
1,197,550 |
|
| Richard Norris |
Y |
400,000 |
|
| Brackman Energy Consulting Ltd. (Calvin Brackman) |
Y |
100,000 |
|
| Jonathan Morley-Kirk |
Y |
2,000,000 |
|
| Graeme Phipps |
Y |
3,638,500 |
|
The Company issued a news release on May 15, 2015 confirming closing of the private placement.
________________________________________
MAYA GOLD & SILVER INC. ("MYA")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: May 19, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to amendments of the following convertible debenture:
| Convertible Debenture: |
$525,000 |
| Conversion Price: |
Principal is convertible into common shares at a conversion price of $0.35 per share. |
| Original Maturity Date: |
January 31, 2015 |
| Amended Maturity Date: |
October 30, 2015 |
| Interest Rate: |
12% per annum |
The convertible debenture was issued pursuant to a private placement which was originally accepted for filing by TSX Venture Exchange effective March 24, 2014.
The Company has issued a press release dated May 8, 2015, announcing the amendment of the convertible debenture.
MAYA OR ET ARGENT INC. (« MYA »)
TYPE DE BULLETIN : Divers
DATE DU BULLETIN : Le 19 mai 2015
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu des modifications de la débenture convertible suivante:
| Débenture convertible: |
525 000 $ |
| Prix de conversion: |
Le capital est convertible en actions ordinaires au prix de conversion de 0,35 $ par action. |
| Date d'échéance initiale : |
31 janvier 2015 |
| Date d'échéance modifiée: |
30 octobre 2015 |
| Taux d'intérêt : |
12 % par année |
La débenture convertible a été émise en vertu d'un placement privé, tel qu'accepté par Bourse de croissance TSX le 24 mars 2014.
La société a émis un communiqué de presse daté du 8 mai 2015 annonçant la modification de la débenture convertible précitée.
____________________________________
PARLANE RESOURCE CORP. ("PPP")
BULLETIN TYPE: Consolidation
BULLETIN DATE: May 19, 2015
TSX Venture Tier 2 Company
Pursuant to a resolution passed by Directors on May 4, 2015, the Company has consolidated its capital on a 5 (five) old for 1 (one) new basis. The name of the Company has not been changed.
Effective at the opening, Tuesday, May 20, 2015, the shares of Parlane Resource Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mining Exploration' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 7,167,752 |
shares are issued and outstanding |
|
| Escrow |
Nil |
shares are subject to escrow |
| Transfer Agent: |
Computershare Investor Services Inc. |
|
| Trading Symbol: |
PPP (UNCHANGED) |
|
| CUSIP Number: |
70162N205 (NEW) |
|
________________________________________
PEPCAP RESOURCES, INC. ("WAV")
[formerly Pepcap Ventures Inc. ("WAV.P")]
BULLETIN TYPE: Reinstated for Trading, Qualifying Transaction-Completed/New Symbol, Private Placement-Brokered, Convertible Debentures, Private Placement-Non-Brokered, Convertible Debentures, Name Change
BULLETIN DATE: May 19, 2015
TSX Venture Tier 2 Company
Reinstated for Trading
Further to TSX Venture Exchange Bulletin dated February 20, 2015, the Company has now completed its Qualifying Transaction, as set forth below.
Effective at the opening, May 20, 2015 trading will be reinstated in the securities of the Company (CUSIP 713289 10 6).
The Qualifying Transaction
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Filing Statement dated March 31, 2015. As a result, at the opening on May 20, 2015 the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the arm's length acquisition (the Acquisition) of 51% of the outstanding shares of Asia Mining Management, B.V. (Asia Mining) for deemed consideration of $2,937,396, satisfied through the issuance of 26,703,600 common shares of the Company at a deemed price of $0.11 per share. As a result of the Acquisition, the Company holds a controlling interest in PT. Krida Darma Andika, a 99.6% subsidiary of Asia Mining, that owns mining concessions in Sumatra, Indonesia (the Properties).
In addition 1,856,400 performance warrants (the Performance Warrants) were issued to certain directors, officers, and other insiders of the Resulting Issuer in satisfaction of certain indebtedness for past services to Asia Mining, which Performance Warrants, were exercised at closing, for no additional consideration, at a deemed price of $0.12 per warrant ($222,768).
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Clark Swanson |
Y |
928,201 |
| Gavin Cooper |
Y |
232,050 |
| Claus Andrup |
Y |
232,050 |
| Edward Rochette |
Y |
232,050 |
| Saliba Sassine |
Y |
232,050 |
| JMC Corporation Ltd, HK |
Y |
18,849,600 |
| (Alan Kwan) |
||
| Azure Global HK Ltd. |
Y |
7,854,000 |
| (Thiam Chua) |
A finder's fee of $142,800, constituting 1,190,000 shares issued at a deemed price of $0.12 per share, was paid to an arm's length finder in connection with the transaction.
The Company completed a concurrent brokered and non-brokered private placement for gross proceeds of $848,200 (the Financing) carried out by Industrial Alliance Securities Inc. (the Agent). Pursuant to the brokered portion of the Financing, the Company issued subscription receipts at a price of $100 per subscription receipt. Each subscription receipt was automatically exchanged, immediately prior to completion of the transaction and without payment of additional consideration, into one convertible debenture of the Company, details of which are set forth below. Pursuant to the non-brokered portion of the Financing, the Company issued convertible debentures at a price of $100 per convertible debenture.
The Company also changed its name to Pepcap Resources, Inc.
The Exchange has been advised that the above transactions, have been completed.
In addition, the Exchange has accepted for filing the following:
Private Placement-Brokered, Convertible Debentures
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced December 5, 2014:
| Convertible Debenture |
$650,000 |
||
| Conversion Price: |
Convertible into common shares at $0.15 of principal outstanding in year one, at $0.15 in year two, and at $0.15 in year three. |
||
| Maturity date: |
May 14, 2018 |
||
| Interest rate: |
8% per annum |
||
| Number of Placees: |
18 Placees |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / |
|||
| Name |
ProGroup=P |
# of Shares |
|
| N/A |
|||
| Agent's Fee: |
Industrial Alliance Securities Inc.(the Agent), received a cash commission of 8% of the gross proceeds sold by the Agent. |
||
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.
Private Placement-Non-Brokered, Convertible Debentures
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 29, 2015:
| Convertible Debenture |
$198,200 |
||
| Conversion Price: |
Convertible into common shares at $0.15 of principal outstanding in year one, at $0.15 in year two, and at $0.15 in year three. |
||
| Maturity date: |
May 14, 2018 |
||
| Interest rate: |
8% per annum |
||
| Number of Placees: |
2 Placees |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / |
|||
| Name |
ProGroup=P |
# of Shares |
|
| N/A |
|||
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.
Name Change
Pursuant to a resolution passed by shareholders on April 11, 2014, the Company has changed its name from Pepcap Ventures Inc. to Pepcap Resources, Inc. There is no consolidation of capital.
Effective at the opening May 20, 2015, the common shares of Pepcap Resources, Inc. will commence trading on TSX Venture Exchange, and the common shares of from Pepcap Ventures Inc. will be delisted.
The Company is classified as a 'Mineral Exploration' company.
| Capitalization: |
unlimited common shares with no par value of which |
|
| 36,811,344 shares are issued and outstanding |
||
| Escrow: |
an aggregate of 31,760,001 common shares will be subject to escrow, with 28,560,001 shares subject to a Tier 2 Value Escrow Agreement and 3,200,000 shares, which will remain subject to a CPC Escrow Agreement. |
|
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
WAV same symbol as CPC but with .P removed (NEW) |
|
| CUSIP Number: |
713289 10 6 (NEW) |
|
| Company Contact |
Clark Swanson |
|
| Company Address: |
1900, 520 – 3rd Avenue SW, Calgary, AB, T2P 0R3 |
|
| Company Phone Number |
(323) 899-2518 |
|
| Company Fax Number: |
N/A |
|
| Company Email Address: |
||
________________________________
PETROLYMPIC LTD. ("PCQ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 19, 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: |
2,521,500 flow-through shares |
| 384,600 non-flow-through shares |
|
| Purchase Price: |
$0.37 per flow-through share |
| $0.325 per non-flow-through share |
|
| Warrants: |
192,300 share purchase warrants attached to purchase 192,300 shares |
| Warrant Exercise Price: |
$0.45 for an eighteen month period |
| Number of Placees: |
3 Placees |
| Finder's Fee: |
an aggregate of $52,897.50 plus 19,230 finder's warrants (each exercisable into one common share at a price of $0.325 for an eighteen month period) plus 126,075 finder's warrants (each exercisable into one common share at a price of $0.37 for an eighteen month period) is payable to Marquest Asset Management and Secutor Capital Management Corp. |
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.
________________________________________
SYLOGIST LTD. ("SYZ")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: May 19, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has been advised by the Company that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated May 12, 2015 it may repurchase for cancellation, up to 2,266,923 shares in its own capital stock, representing 10% of the Public Float, during the period May 21, 2015 to May 20, 2016. Purchases pursuant to the bid will be made by BMO Nesbitt Burns on behalf of the Company.
________________________________________
TERRA NOVA ENERGY LTD. ("TGC")
BULLETIN TYPE: Halt
BULLETIN DATE: May 19, 2015
TSX Venture Tier 2 Company
Effective at 6:10 a.m. PST, May 19, 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.
________________________________________
TERRA NOVA ENERGY LTD. ("TGC")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 19, 2015
TSX Venture Tier 2 Company
Effective at 7:30 a.m., PST, May 19, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
TRIBUTE RESOURCES INC. ("TRB")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: May 19, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has been advised by the Company that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated May 1, 2015 it may repurchase for cancellation, up to 3,728,834 shares in its own capital stock, representing 5% of its Issued and Outstanding common shares, during the period May 19, 2015 to May 18, 2016. Purchases pursuant to the bid will be made by Pace Securities Corp. on behalf of the Company.
________________________________________
TRINITY VALLEY ENERGY CORP. ("TE")
BULLETIN TYPE: Halt
BULLETIN DATE: May 19, 2015
TSX Venture Tier 2 Company
Effective at 12:10 p.m. PST, May 15, 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.
________________________________________
UC RESOURCES LTD. ("UC")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 19, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1.600,000 shares to settle outstanding debt for $80,000.
| Number of Creditors: |
1 Creditor |
||||
| Insider / Pro Group Participation: |
|||||
| Insider=Y / |
Amount |
Deemed Price |
|||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
|
| Sunvault Energy Inc. |
Y |
$80,000 |
$0.05 |
1,600,000 |
|
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
VIKING GOLD EXPLORATION INC. ("VGC")
BULLETIN TYPE: Halt
BULLETIN DATE: May 19, 2015
TSX Venture Tier 2 Company
Effective at 12:05 p.m. PST, May 15, 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.
________________________________________
WOLFEYE RESOURCE CORP. ("WEY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 19, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 16, 2015:
| Number of Shares: |
2,000,000 shares |
|||
| Purchase Price: |
$0.05 per share |
|||
| Warrants: |
2,000,000 share purchase warrants to purchase 2,000,000 shares |
|||
| Warrant Exercise Price: |
$0.08 for a three year period |
|||
| Number of Placees: |
6 Placees |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
||||
| Name |
ProGroup=P |
# of Shares |
||
| Daryl Rebeck |
Y |
100,000 |
||
| Aggregate Pro Group Involvement |
P |
800,000 |
||
| [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.
________________________________________
NEX COMPANIES
71 CAPITAL CORP ("SVN.H")
BULLETIN TYPE: Halt
BULLETIN DATE: May 19, 2015
NEX Company
Effective at 9:59 a.m. PST, May 19, 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.
________________________________________
71 CAPITAL CORP. ("SVN.H")
BULLETIN TYPE: Remain Halted - Qualifying Transaction
BULLETIN DATE: May 19, 2015
NEX Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated May 19, 2015, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation pursuant to TSXV Listings 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.
________________________________________
EASTSIBERIAN PLC ("ESB.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 19, 2015
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 30, 2014 and April 1, 2015:
| Number of Shares: |
29,344,514 shares |
||
| Purchase Price: |
$0.05 per share |
||
| Number of Placees: |
40 placees |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / |
|||
| Name |
ProGroup=P |
# of Shares |
|
| Josef Hocher |
Y |
1,197,550 |
|
| Richard Norris |
Y |
400,000 |
|
| Brackman Energy Consulting Ltd. (Calvin Brackman) |
Y |
100,000 |
|
| Jonathan Morley-Kirk |
Y |
2,000,000 |
|
| Graeme Phipps |
Y |
3,638,500 |
|
The Company issued a news release on May 15, 2015 confirming closing of the private placement.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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