VANCOUVER, June 12, 2015 /CNW/ -
TSX VENTURE COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: June 12, 2015
TSX Venture Company
A Temporary Cease Trade Order has been issued by the Ontario Securities Commission on June 12, 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) |
|||||
| LQD |
2 |
Liquid Nutrition Group Inc. |
Interim financial statements for the three-month |
15/03/31 |
|
| Management's discussion and analysis |
15/03/31 |
||||
| Certification of the foregoing filings as required by |
|||||
Upon revocation of the Temporary 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.
________________________________________
01 COMMUNIQUE LABORATORY INC. ("ONE")
BULLETIN TYPE: Halt
BULLETIN DATE: June 12, 2015
TSX Venture Tier 2 Company
Effective at 10:31 a.m. PST, June 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.
________________________________________
3MV ENERGY CORP. ("TMV")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: June 12, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange (the "Exchange") accepts for filing documentation pursuant to an Agreement of Purchase and Sale dated July 31, 2014 (the "Agreement") between the Company and an arm's length oil and gas producing company (the "Purchaser"). The Company will form a Joint Venture with the Purchaser, whereby the Purchaser will invest $5,000,000 for a 50% working interest in the Fiske assets of the Company.
For further information, please see company's press release dated August 5, 2014.
________________________________________
3MV ENERGY CORP. ("TMV")
BULLETIN TYPE: Bonus Warrants for Loan
BULLETIN DATE: June 12, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 12,000,000 bonus warrants as an incentive to a financing facility agreement with Invico Diversified Income Limited Partnership dated October 31, 2014 as part of the First Tranche of the Loan. Each warrant is exercisable into one common share at a price of $0.25 until expiry on November 1, 2017.
Should the Second Tranche be drawn on, the company will issue an additional 5,714,286 Bonus warrants, exercisable for one common share at a price of $0.35 until November 1, 2017.
| Warrants |
|
| Invico Diversified Income Limited Partnership. |
17,714,286 |
The Company issued a press release regarding this transaction on November 5, 2014.
________________________________________
ALDER RESOURCES LTD. ("ALR")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 12, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 5,484,564 shares at a price of $0.05 per share to settle outstanding debt for $274,228.20.
| Number of Creditors: |
2 Creditors |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
ASIAN TELEVISION NETWORK INTERNATIONAL LTD. ("SAT")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: June 12, 2015
TSX Venture Tier 2 Company
The Issuer has declared the following dividend:
| Dividend per Common Share: |
$0.02 |
| Payable Date: |
July 31, 2015 |
| Record Date: |
July 15, 2015 |
| Ex-Dividend Date: |
July 13, 2015 |
________________________________________
BARKERVILLE GOLD MINES LTD. ("BGM")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 12, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 422,148 shares at a price of $0.28 per share to settle outstanding debt for $118,201.44.
| Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
EUREKA RESOURCES INC. ("EUK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 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 6, 2015:
| Number of Shares: |
700,000 flow through shares |
| 3,000,000 non flow through shares |
|
| Purchase Price: |
$0.025 per share |
| Warrants: |
4,000,000 share purchase warrants to purchase 4,000,000 shares |
| Warrant Exercise Price: |
$0.05 for a one year period |
| $0.10 in the second year |
|
| Number of Placees: |
21 Placees |
Insider / Pro Group Participation:
| Insider=Y / |
|||
| Name |
ProGroup=P |
# of Shares |
|
| John Kerr |
Y |
100,000 |
|
| Kristian Lorne Whitehead |
Y |
100,000 |
|
| Aggregate Pro Group Involvement |
P |
1,860,000 |
|
| [7 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).
________________________________________
GAMING NATION INC. (" FAN ")
[formerly Oceanside Capital Corp. (" OCC")]
BULLETIN TYPE: Resume Trading, Reverse Takeover-Completed/Name Change and Consolidation/ Property- Asset or Share Disposition Agreement/Company/Tier Reclassification
BULLETIN DATE: June 12, 2015
TSX Venture Tier 1 Company
Effective at the opening on Monday, June 15, 2015, trading in the shares of the Company will resume.
The common shares of the Company have been halted from trading since September 19, 2014, pending completion of a Reverse Take-Over.
The TSX Venture Exchange has accepted for filing the Company's Reverse Take-Over ("RTO"), which includes the following transactions:
Property-Asset or Share Disposition Agreement
TSX Venture Exchange has accepted for filing documentation with respect to the disposition of the Company's mineral property which was indirectly transferred by the Company to Boss Minerals Inc.
("Mining Spinco") pursuant to a Plan of Arrangement.
The shares of Mining Spinco were distributed on June 2, 2015 to the Company's shareholders of record as at June 2, 2015.
Name Change and Consolidation
Pursuant to a resolution passed by the Directors on April 30, 2015, the Company has consolidated its capital on a two (2) old for one (1) new basis on June 5, 2015. The name of the Company has also been changed as follows.
Effective at the opening June 15, 2015, the common shares of Gaming Nation Inc. will commence trading on TSX Venture Exchange, and the common shares of Oceanside Capital Corp. will be delisted. The Company is classified as a "Software" company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 34,656,810 |
shares are issued and outstanding |
|
| Escrow: |
5,592,264 shares |
|
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
FAN |
(NEW) |
| CUSIP Number: |
36468J107 |
(NEW) |
The capitalization figures are after giving effect to the Acquisition transaction as referenced above.
The effective date of the consolidation and name change was June 5, 2015.
The Company has concurrently effected a continuance from British Columbia to Ontario on June 5, 2015 and which was approved by shareholders on June 1, 2015.
Acquisition
TSX Venture Exchange has accepted for filing documentation with respect to the acquisition of Gaming Nation Acquisition Corp. ("GNAC") in consideration of the issuance of 29,406,809 shares of the resultant Issuer, Gaming Nation Inc.
The acquisition was effected by way of a Business Combination Agreement pursuant to which the Company's wholly owned subsidiary amalgamated with GNAC on June 9, 2015 following the Plan of Arrangement and the Consolidation as referenced below.
The share issuance figure as stated above includes shares relating to financings which were effected by GNAC which include a $32,875,000 equity financing (effectively 13,150,000 post consolidated shares @ $2.50/share) and a $20 million convertible debenture (the "HC2 Debenture").
The HC2 Debenture earns interest at 6% interest in-kind and the principal and interest is convertible at the holder's option into the Resultant Issuer's shares at a conversion price of $2.25 (post-consolidated basis) for a term of 2 years following completion of the transactions. In addition the HC2 Debenture holder has been issued a warrant to acquire 28,126,068 Resultant Issuer's shares for a term of 5 years at varying prices, commencing at $5.00 per post-consolidated share for the first 2 years.
Details of the GNAC acquisition and the related transactions are disclosed in the Issuer's Information Circular dd. May 1, 2015.
The Exchange has been advised that the above transactions, approved by shareholders on June 1, 2015, have been completed.
Insider / Pro Group Participation: N/A
The Company is classified as a "Software" company.
The Company's classification has been changed to a Tier 1 company.
| Company Contact: |
Scott Secord, CEO |
| Company Address: |
50 Minthorn Blvd, Suite 400 |
| Thornhill ONT L3T 7X8 |
|
| Company Phone Number: |
(905) 731 9867 |
| Company Fax Number: |
(905) 731 0512 |
| Company Email Address: |
________________________________________
GREAT ATLANTIC RESOURCES CORP. ("GR")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 12, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 773,980 shares to settle outstanding debt for $58,048.45.
| Number of Creditors: |
2 Creditors |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
MARKSMEN ENERGY INC. ("MAH")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: June 12, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's application to extend the term of the $750,000 Debenture that was originally accepted by the Exchange on July 10, 2013. The original maturity of the loan was January 31, 2016 and will be amended to December 31, 2018. As a consideration for the loan, 2,666,667 bonus shares were issued. Their new expiry date will be June 28, 2018 being five years from the date of the original issuance.
________________________________________
MARLIN GOLD MINING LTD. ("MLN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 12, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 1, 2015:
| Number of Shares: |
23,214,286 shares |
| Purchase Price: |
$0.56 per share |
| Number of Placees: |
2 Placees |
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Wexford Catalyst Trading Limited |
Y |
4,642,857 |
| Wexford Spectrum Trading Limited |
Y |
18,571,429 |
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.
________________________________________
MORIEN RESOURCES CORP. ("MOX")
BULLETIN TYPE: Alteration in Capital
BULLETIN DATE: June 12, 2015
TSX Venture Tier 2 Company
Pursuant to the a resolution passed by shareholders on June 4, 2015, the Company has consolidated its capital on the basis of 1,000 existing common shares for 1 new common share. Immediately following the consolidation, the Company has split its capital on the basis of 1 post-consolidation share for 1,000 new common shares. The name of the Company has not been changed.
Effective at the opening on Monday, June 15, 2015, the common shares of Morien Resources Corp. will commence trading on TSX Venture Exchange on a post-consolidated and split basis. The Company is classified as a 'Mining Exploration' company.
| Post – Consolidation & Split |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 57,920,738 |
shares are issued and outstanding |
|
| Escrow: |
Nil |
shares |
| Transfer Agent: |
Computershare Investor Services |
|
| Trading Symbol: |
MOX |
(UNCHANGED) |
| CUSIP Number: |
61763R208 |
(NEW) |
________________________________________
PEARL RIVER HOLDINGS LIMITED ("PRH")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: June 12, 2015
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated May 8, 2015, the Exchange has been advised that the Cease Trade Order issued by the Ontario Securities Commission dated May 8, 2015 has expired.
Effective at the opening, Monday, June 15, 2015, trading will be reinstated in the securities of the Company.
________________________________________
PEOPLE CORPORATION ("PEO")
BULLETIN TYPE: Halt
BULLETIN DATE: June 12, 2015
TSX Venture Tier 2 Company
Effective at 6:14 a.m. PST, June 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.
________________________________________
PEOPLE CORPORATION ("PEO")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 12, 2015
TSX Venture Tier 2 Company
Effective at 11:30 a.m., PST, June 12, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
PROSPERO SILVER CORP. ("PSL")
BULLETIN TYPE: Consolidation
BULLETIN DATE: June 12, 2015
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders May 27, 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 Monday, June 15, 2015, the shares of will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Resource' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 9,173,293 |
shares are issued and outstanding |
|
| Escrow |
Nil |
shares |
| Transfer Agent: |
Computershare Investor Services Inc. |
|
| Trading Symbol: |
PSL |
(UNCHANGED) |
| CUSIP Number: |
743624207 |
(NEW) |
________________________________________
QUANTUM INTERNATIONAL INCOME CORP. ("QIC")("QIC.U")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 12, 2015
TSX Venture Tier 2 Company
Effective at 8:00 a.m., PST, June 12, 2015, shares of the Company resumed trading, an announcement having been made.
_______________________________________
QUATTRO EXPLORATION AND PRODUCTION LTD. ("QXP")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: June 12, 2015
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated May 7, 2015, the Exchange has been advised that the Cease Trade Order issued by the Alberta Securities Commission on May 6, 2015 and the British Columbia Securities Commission on May 8, 2015 have been revoked.
Effective at the opening, Monday June 15, 2015, trading will be reinstated in the securities of the Company.
________________________________________
REVELO RESOURCES CORP. ("RVL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 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 21, 2015:
| Number of Shares: |
5,000,000 shares |
| Purchase Price: |
$0.15 per share |
| Warrants: |
5,000,000 share purchase warrants to purchase 5,000,000 shares |
| Warrant Exercise Price: |
$0.20 for a three year period |
| 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. 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.
________________________________________
SAINT JEAN CARBON INC. ("SJL")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 12, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,833,497 shares to settle outstanding debt for $141,674.84.
| Number of Creditors: |
7 Creditors |
No Insider / Pro Group Participation
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
TAMARACK VALLEY ENERGY LTD. ("TVE.N")
BULLETIN TYPE: Delist
BULLETIN DATE: June 12, 2015
TSX Venture Tier 1 Company
Effective at the open of business on June 15, 2015, 15,212,300 subscription receipts issued by the Company will be de-listed from trading and converted into common shares of the Company. For further information, see the Company's news release dated May 14, 2015.
________________________________________
UCORE RARE METALS INC. ("UCU")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: June 12, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a Production Royalty Agreement dated May 12, 2015 (the "Agreement") between the Company and a US-based Investor (the "Investor").
As per the terms of the Agreement, the Investor will pay USD$4,000,000 to the Company in consideration for a royalty (the "Royalty") on sale of products and services related to the processing of rate earth elements and other specialty metals. The Royalty will be comprised of two components: (i) A Gross Royalty equal to 5% of gross sales of the Company's first MRT installations; and (ii) a Net Smelter Royalty equal to 2% of the net sales of the Company's first Tier 1 production client. In addition, as per the terms of the Agreement, the Investor has the right to convert the total amount of the investment into common shares of the Company at a price that is the greater of; (i) the 30 day volume weighted average share price, less a 20% discount; or (ii) the market price of the Company's common shares on the day immediately prior to the conversion date, less a 20% discount; or (iii) $0.25 per share.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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