VANCOUVER, July 28, 2015 /CNW/ -
TSX VENTURE COMPANIES
AEQUUS PHARMACEUTICALS INC. ("AQS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 28, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Share Purchase Agreement dated July 13, 2015 between Ian Richard Ball, Marina Charlotte Massingham, TeOra Health Ltd. and the Company whereby the Company has acquired all of the issued and outstanding shares of TeOra Health Ltd. Consideration is an aggregate of 3,360,000 common shares of which 2,940,000 will be placed in escrow and released pursuant to the terms of the escrow agreement. Of this amount, 420,000 common shares will be released upon closing, 420,000 common shares at the end of the first, second and third anniversaries and the remaining balance shall be released upon the achievement of operational milestones.
________________________________________
DESERT STAR RESOURCES LTD. ("DSR")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s, Amendment
BULLETIN DATE: July 28, 2015
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletin dated September 4, 2015 with respect to convertible debentures totaling $495,000, the Exchange has accepted for filing an extension to the maturity date from September 9, 2015 to September 9, 2016. The conversion terms remain unchanged as follows:
| Conversion Price: |
Convertible into 2,605,263 units consisting of one common share and one common share purchase warrant at $0.19 of principal outstanding. |
| Maturity date: |
September 9, 2016 |
| Warrants |
Each warrant will entitle the holder to purchase one common share at a price of $0.25 for a term of two years. |
| Interest rate: |
12 % per annum |
________________________________________
EDGE RESOURCES INC. ("EDE")
BULLETIN TYPE: Non-Brokered Private Placement
BULLETIN DATE: July 28, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 24, 2015:
| Number of Securities: |
6,250,000 Common Shares ("Share") |
| Purchase Price: |
$0.08 per Share |
| Number of Placees: |
2 Placees |
| Insider / |
|
| Pro Group Participation: |
None |
| Finder's Fee: |
Christophe Cheyroux – Cash payment $25,000 |
________________________________________
EROS RESOURCES CORP. ("ERC")
[formerly Boss Power Corp. ("BPU")]
BULLETIN TYPE: Name Change
BULLETIN DATE: July 28, 2015
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders on July 16, 2015, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening on Wednesday, July 29, 2015, the common shares of Eros Resources Corp. will commence trading on TSX Venture Exchange and the common shares of Boss Power Corp. will be delisted. The Company is classified as a 'Mineral Exploration and Development' company.
| Capitalization: |
Unlimited |
shares with no par value of which |
| 41,866,354 |
shares are issued and outstanding |
|
| Escrow: |
Nil |
shares |
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
ERC (NEW) |
|
| CUSIP Number: |
29601R102 (NEW) |
|
________________________________________
EVERMOUNT VENTURES INC. ("ETV.P")
BULLETIN TYPE: CPC-Filing Statement, Remain Suspended
BULLETIN DATE: July 28, 2015
TSX Venture Tier 2 Company
Effective July 22, 2015 TSX Venture Exchange has accepted for filing the Company's CPC Filing Statement dated July 22, 2015, for the purpose of filing on SEDAR.
Further to the TSX Venture Exchange Bulletin dated December 23, 2014, the Company's shares were suspended from trading as it failed to complete its Qualifying Transaction within the requisite time period.
Trading in the Company's securities will remain suspended.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
________________________________________
EXTENWAY SOLUTIONS INC. ("EY")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debentures
BULLETIN DATE: July 28, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement by way of Convertible Debentures:
| Convertible Debenture: |
$800,000 |
||
| Conversion Price: |
In the case of a conversion at the holder's option, the conversion price will be $0.08 per share, if conversion if effected within 12 months following the closing date or $0.10 per share, if conversion is effected thereafter. Subject to prior approval of the Exchange, the convertible debentures will be automatically converted upon completion of an equity financing under certain conditions following the closing date, at a conversion price equal to the greater of $0.05 or the price per security of any equity securities distributed under the applicable equity financing. |
||
| Maturity date: |
the earlier of: (i) the closing date of a subsequent equity financing by the Company for minimum gross proceeds of $4,200,000; and (ii) five years from the closing date. |
||
| Interest Rate: |
10% per year |
||
| Number of Placees: |
3 Placees |
||
| Insider / Pro Group Participation: |
|||
| Name |
Insider = Y / |
Number of Shares (assuming |
|
| Pro Group = P |
conversion at $0.08) |
||
| Caisse de dépôt et placement du Québec |
Y |
7,500,000 |
|
| John McAllister Holdings Inc. |
Y |
1,250,000 |
|
The Company confirmed the closing of that Private Placement pursuant to a news release dated June 26, 2015.
SOLUTIONS EXTENWAY INC. (" EY ")
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier, Débenture(s) convertible(s)
DATE DU BULLETIN : Le 28 juillet 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 par voie de débentures convertibles :
| Débenture convertible : |
800 000 $ |
||
| Prix de conversion : |
Dans le cas d'une conversion au gré du porteur, le prix de conversion sera 0,08 $ par action, si la conversion est effectuée dans les 12 mois suivant la date de clôture, ou 0,10 $ par action, si la conversion est effectuée par la suite. Sous réserve de l'approbation préalable de la Bourse, les débentures convertibles seront automatiquement converties à la clôture d'un financement ultérieur par capitaux propres selon certaines conditions, à un prix de conversion égal au plus élevé de 0,05 $ ou le prix par actions des titres devant être émis en vertu du financement ultérieur par capitaux propres. |
||
| Date d'échéance : |
La première des deux dates suivantes : i) la date de clôture d'un financement par capitaux propres ultérieur pour un produit brut minimum de 4 200 000 $; et ii) la date tombant cinq ans à compter de la date de clôture. |
||
| Taux d'intérêt : |
10 % par année |
||
| Nombre de souscripteurs : |
3 souscripteurs |
||
| Participation des initiés / Groupe Pro : |
|||
| Nom |
Initié = Y / |
Nombre d'actions (en |
|
| Groupe Pro = P |
assumant un prix de |
||
| conversion de 0,08 $) |
|||
| Caisse de dépôt et placement du Québec |
Y |
7 500 000 |
|
| John McAllister Holdings Inc. |
Y |
1 250 000 |
|
La société a confirmé la clôture de ce placement dans le communiqué de presse daté du 26 juin 2015.
__________________________________________
GATEKEEPER SYSTEMS INC. ("GSI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 28, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 24, 2015:
| Number of Shares: |
13,139,501 shares |
||||
| Purchase Price: |
$0.15 per share |
||||
| Warrants: |
6,569,750 share purchase warrants to purchase 6,569,750 shares |
||||
| Warrant Initial Exercise Price: |
$0.25 |
||||
| Warrant Term to Expiry: |
2 Years |
||||
| Number of Placees: |
82 Placees |
||||
| Insider / Pro Group Participation: |
|||||
| Insider=Y / |
|||||
| Name |
Pro-Group=P |
# of Shares |
|||
| Kevin Ma |
Y |
66,666 |
|||
| Aggregate Pro-Group Involvement |
P |
1,265,834 |
|||
| [9 placees] |
|||||
| Finder's Fee: |
|||||
| Canaccord Genuity Corp |
$24,664.50 cash; 164,430 warrants |
||||
| Skanderbeg Capital Advisors |
$41,243.99 cash; 274,959 warrants |
||||
| PI Financial Corp |
$6,982.50 cash; 46,550 warrants |
||||
| First Republic Capital Corp. |
$18,987.51 cash; 126,583 warrants |
||||
| Haywood Securities Inc. |
$12,048.75 cash; 80,325 warrants |
||||
| Wolverton Securities Ltd. |
$8,435.00 cash; 56,233 warrants |
||||
| Industrial Alliance |
$13,650.03 cash; 91,000 warrants |
||||
| Golden Capital Consulting Ltd. |
$3,500.00 cash; 23,333 warrants |
||||
| Mackie Research Capital Corp. |
$2,625.00 cash; 17,500 warrants |
||||
| Finder Warrant Initial Exercise Price: |
$0.25 |
||||
| Finder Warrant Term to Expiry: |
exercisable for two years from the issue date |
||||
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 guarantee 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.
________________________________________
Nippon Dragon Resources Inc. ("NIP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 28, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement:
| Number of Shares: |
2,531,250 common shares |
| Purchase Price: |
$0.08 per common share |
| Warrants: |
2,531,250 common share purchase warrants to purchase 2,531,250 common shares |
| Warrant Exercise Price: |
$0.12 per common share for a 24 month period following the closing of the private placement |
| Number of Placees: |
4 Placees |
The Company has announced the closing of the Private Placement by way of a press release dated July 14, 2015.
Ressources Nippon Dragon Inc (« NIP »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 28 juillet 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 :
| Nombre d'actions : |
2 531 250 actions ordinaires |
| Prix : |
0,08 $ par action ordinaire |
| Bons de souscription : |
2 531 250 bons de souscription permettant d'acquérir 2 531 250 actions ordinaires |
| Prix d'exercice des bons : |
0,12 $ par action ordinaire pour une période de vingt-quatre suivant la clôture du placement privé |
| Nombre de souscripteurs : |
4 souscripteurs |
La société a annoncé la clôture du placement privé précité par l'émission d'un communiqué de presse daté du 14 juillet 2015.
_____________________________________
NOVO RESOURCES CORP. ("NVO")
BULLETIN TYPE: Private Placement - Non-Brokered, Correction
BULLETIN DATE: July 28, 2015
TSX Venture Tier 2 Company
CORRECTION:
Further to the TSX Venture Exchange Bulletin dated July 27, 2015, the Bulletin should have read as follows:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 3, 2015:
| Finder's Fee: |
Sprott Private Wealth LP $50,000 cash payable. |
| Blackswan B.V. $5,148 cash payble. |
|
| Peter Vermeulen 9,900 finder's warrants payable. |
|
| -Each finder warrant is exercisable into one common share at $0.80 for two years from closing, subject to an acceleration clause. |
________________________________________
PURE ENERGY MINERALS LIMITED ("PE")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 28, 2015
TSX Venture Tier 2 Company
Effective at 9:30 a.m., PST, July 28, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
QUANTUM INTERNATIONAL INCOME CORP. ("QIC")
BULLETIN TYPE: Prospectus-Equity Subscription Receipt
BULLETIN DATE: July 28, 2015
TSX Venture Tier 2 Company
Effective July 24, 2015, the Company's Short Form Prospectus (the "Prospectus") dated July 20, 2015, was filed with and accepted by TSX Venture Exchange (the "Exchange"), and effective July 21, 2015 was filed with and receipted by the British Columbia, Alberta, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador and Ontario Securities Commissions, pursuant to the provisions of the respective Securities Acts.
TSX Venture Exchange has been advised that closing occurred on July 28, 2015 for gross proceeds of $20,000,400 (no over-allotment option exercised to date).
| Underwriters: |
Mackie Research Capital Corporation and Canaccord Genuity Corp. |
| Offering: |
47,620,000 Subscription Receipts. Each Subscription Receipt will entitle the holder to receive, upon satisfaction of the Release Conditions (as defined in the Prospectus), for no additional consideration, one common share and one-half of one common purchase warrant of the Company. Each whole warrant is exercisable into one common share at a price of $0.65 for a two year period subject to acceleration if certain conditions are met. |
| Offering Price: |
$0.42 per Subscription Receipt |
| Underwriters' Fee: |
The Underwriters received on closing 3,559,595 broker warrants (each exercisable into one common share and one-half of one common share purchase warrant at a price of $0.42 for a two year period, subject to acceleration if certain conditions are met. Each whole warrant will have the same terms as above), representing 6.5% of the Subscription Receipts issued in the Offering, including the Over-Allotment Option. |
| Over-Allotment Option: |
The Underwriters have an over-allotment option to purchase up to an additional 7,143,000 Equity Subscription Receipts (15% of the Equity Subscription Receipt component of the Offering) on the same terms as above, exercisable up to 30 days after the closing of the Offering. |
For further information, refer to the Company's Prospectus dated July 20, 2015 filed on SEDAR.
________________________________________
SIYATA MOBILE INC. ("SIM")
[formerly Teslin River Resources Corp. ("TLR")]
BULLETIN TYPE: Reverse Takeover-Completed, Company Tier Reclassification, Private Placement-Brokered, Name Change and Consolidation, Resume Trading
BULLETIN DATE: July 28, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange (the 'Exchange') has accepted for filing Teslin River Resources Corp. (the 'Company' - now 'Siyata Mobile Inc.') Reverse Takeover (the 'RTO') and related transactions, all as principally described in the Company's filing statement dated May 29, 2015 (the 'Filing Statement'). The RTO includes the following matters, all of which have been accepted by the Exchange.
1. Agreement:
Pursuant to an amended and restated amalgamation agreement, dated May 29, 2015, as amended (the 'Agreement'), among the Company, Truckfone Inc., Accel Telecom Ltd. ('Accel'), Siyata Mobile Inc. ('Siyata Privco') and 1033819 B.C. Ltd ('TeslinSub'), TeslinSub and Siyata Privco agreed to amalgamate (the 'Amalgamation').
Prior to the completion of the Amalgamation, Siyata Privco issued 33,333,333 common shares to Accel to acquire the rights to and assets of Accel's cellular technology division (the 'Siyata Mobile Group'). The 33,333,333 Siyata Privco shares were converted into shares of the Company at closing on a one for one basis.
In connection with the RTO, Siyata Privco issued an aggregate 13,928,300 subscription receipts (the 'Subscription Receipts') in respect of a brokered private placement completed for gross proceeds of $4,178,490.
Prior to closing of the RTO, Teslin warrantholders exercised 6,000,000 existing warrants at a strike price of $0.06 for gross proceeds of $360,000.
The Exchange has been advised that the RTO and the related transactions have received approval from shareholders and have been completed. For additional information please refer to the Filing Statement available under the Company's profile on SEDAR as well as the Company's news release dated July 27, 2015.
2. Private Placement-Brokered:
As indicated above, prior to the completion of the RTO, Siyata Privco completed a financing of 13,928,300 Subscription Receipts at a price of $0.30 per Subscription Receipt, for aggregate gross proceeds of $4,178,490. Each Subscription Receipt converted into one common share and one half of one share purchase warrant (each, a 'Warrant') in the Company. Each Warrant entitles the holder to obtain a further common share at a strike price of $0.60 for a period of twenty-four (24) months.
A cash commission of $250,491 and 1,192,829 agent's warrants (the 'Agent's Warrants) were paid to in connection with the financing. The Agent's Warrants are exercisable for twenty-four (24) months at a price of $0.30. In addition, 417,849 common shares and 208,925 Warrants were issued to Haywood Securities Inc. as further compensation in connection with the financing.
3. Name Change, Consolidation, Tier Reclassification and Resume Trading:
Pursuant to a resolution passed by shareholders on June 17, 2015, the Company has consolidated its capital on a (2.2) old for (1) new basis. The name of the Company has also been changed as follows.
Effective at the opening Wednesday, July 29, 2015, the common shares of Siyata Mobile Inc. will commence trading on TSX Venture Exchange and the common shares of Teslin River Resources Corp. will be delisted. The Company is classified as a Tier 1 'Technology' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 59,587,337 |
shares are issued and outstanding |
|
| Escrow: |
33,333,333 |
escrowed shares |
| Transfer Agent: |
Computershare Investor Services |
|
| Trading Symbol: |
SIM (NEW) |
|
| CUSIP Number: |
83013Q 10 3 (NEW) |
4. Resume Trading:
Effective at the opening, Wednesday, July 29, 2015, the shares of the Company will resume trading.
________________________________________
SOMEDIA NETWORKS INC. ("VID")
BULLETIN TYPE: Shares for Debt, Private Placement-Non-Brokered, Convertible Debenture/s, Amendment
BULLETIN DATE: July 28, 2015
TSX Venture Tier 2 Company
Shares for Debt
TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,000,000 shares and 500,000 share purchase warrants to settle outstanding debt for $360,000.
| Number of Creditors: |
1 Creditors |
| Warrants: |
500,000 share purchase warrants to purchase 500,000 shares |
| Warrant Exercise Price: |
$0.25 for a two year period |
The Company shall issue a news release when the shares are issued and the debt extinguished.
Private Placement-Non-Brokered, Convertible Debenture/s
TSX Venture Exchange has accepted for filing documentation with respect to an announcement on July 20, 2015:
| Convertible Debenture |
$86,000 |
| Conversion Price: |
Convertible into shares at a price of $0.20 of principal outstanding |
| Maturity date: |
July 17, 2016 |
| Interest rate: |
Non-interest bearing |
| Number of Placees: |
1 Placee |
Private Placement-Non-Brokered, Convertible Debenture/s, Amendment
TSX Venture Exchange has an amendment to a convertible debenture which was accepted for filing with the Company's listing. The amendment was announced on July 20, 2015:
| Convertible Debenture |
$600,000 |
| Conversion Price: |
Convertible into shares at a price of $0.20 of principal outstanding |
| Maturity date: |
July 17, 2016 |
| Interest rate: |
10% per annum, payable on maturity, compounding semi-annually |
| Number of Placees: |
1 Placee |
________________________________________
STRATA-X ENERGY LTD. ("SXE")
BULLETIN TYPE: Halt
BULLETIN DATE: July 28, 2015
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, July 28, 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.
________________________________________
TEUTON RESOURCES CORP. ("TUO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 28, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 29, 2015:
| Number of Shares: |
1,030,000 shares |
| Purchase Price: |
$0.06 per share |
| Warrants: |
1,030,000 share purchase warrants to purchase 1,030,000 shares |
| Warrant Exercise Price: |
$0.07 for a two year period |
| Number of Placees: |
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). The Company must also issue a news release if the private placement does not close promptly.
________________________________________
URBANFUND CORP. ("UFC")
BULLETIN TYPE: Halt
BULLETIN DATE: July 28, 2015
TSX Venture Tier 2 Company
Effective at 7:08 a.m. PST, July 28, 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.
________________________________________
URBANFUND CORP. ("UFC")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 28, 2015
TSX Venture Tier 2 Company
Effective at 8:00 a.m., PST, July 28, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
WOLFPACK CAPITAL CORP. ("WLP.P")
BULLETIN TYPE: Notice – QT Not Completed – Approaching 24 Months of Listing
BULLETIN DATE: July 28, 2015
TSX Venture Tier 2 Company
The shares of the Company were listed on TSX Venture Exchange on August 28, 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 August 28, 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.
__________________________________
NEX COMPANIES
FOCUSED CAPITAL CORP. ("FLO.H")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 28, 2015
NEX Company
Further to the Exchange bulletin dated June 8, 2015 and the Company's press release dated July 17, 2015, effective at the open on Wednesday, July 29, 2015 the shares of the Company will resume 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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