VANCOUVER, July 30, 2015 /CNW/ -
TSX VENTURE COMPANIES
BANKS ISLAND GOLD LTD. ("BOZ")
BULLETIN TYPE: Halt
BULLETIN DATE: July 30, 2015
TSX Venture Tier 2 Company
Effective at 11:36 a.m. PST, July 30, 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.
________________________________________
COMPLIANCE ENERGY CORPORATION ("CEC")
BULLETIN TYPE: Consolidation
BULLETIN DATE: July 30, 2015
TSX Venture Tier 1 Company
Pursuant to a special resolution passed by shareholders on June 26, 2015, the Company has consolidated its capital on a ten (10) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening, Friday, July 31, 2015, the shares of Compliance Energy Corporation will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as an 'Exploration and Development' company.
| Post - Consolidation |
|||
| Capitalization: |
Unlimited |
shares with no par value of which |
|
| 7,813,928 |
shares are issued and outstanding |
||
| Escrow |
Nil |
shares |
|
| Transfer Agent: |
Computershare Investor Services Inc. |
||
| Trading Symbol: |
CEC |
(UNCHANGED) |
|
| CUSIP Number: |
20453D 20 0 |
(NEW) |
|
________________________________________
COSIGO RESOURCES LTD. ("CSG.H")
[formerly Cosigo Resources Ltd. ("CSG")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: July 30, 2015
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening on Friday, July 31, 2015, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Vancouver to NEX.
As of July 31, 2015, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.
The trading symbol for the Company will change from CSG to CSG.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.
Further to the Exchange Bulletin dated May 11, 2015, trading in the shares of the Company will remain suspended.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
_______________________________________
DESERT STAR RESOURCES LTD. ("DSR")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s, Correction
BULLETIN DATE: July 30, 2015
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletin dated July 28, 2015 with respect to an extension to the maturity date to convertible debentures totaling $495,000, the original date of the bulletin accepting the debentures for filing was September 4, 2014, not September 4, 2015. This will further clarify that the exercise terms of the underlying warrants is one year from the date of issuance, not two years.
________________________________________
DOMINION GENERAL INVESTMENT CORPORATION ("DGA.P")
BULLETIN TYPE: Halt
BULLETIN DATE: July 30, 2015
TSX Venture Tier 2 Company
Effective at 7:03 a.m. PST, July 30, 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.
________________________________________
FIRST AMERICAS GOLD CORPORATION ("FAC")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: July 30, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 550,000 shares at a deemed value of $0.05 per share to settle outstanding debt for $27,500.
| Number of Creditors: |
1 Creditor |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Anthony Jackson |
Y |
$27,500 |
$0.05 |
550,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
HUDSON RESOURCES INC. ("HUD")
BULLETIN TYPE: Halt
BULLETIN DATE: July 30, 2015
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, July 30, 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.
________________________________________
HUDSON RESOURCES INC. ("HUD")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 30, 2015
TSX Venture Tier 2 Company
Effective at 7:30 a.m., PST, July 30, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
LONG HARBOUR EXPLORATION CORP. ("LHC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 30, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the First Tranche a Non-Brokered Private Placement announced June 8, 2015:
| Number of Shares: |
3,500,000 shares |
|
| Purchase Price: |
$0.05 per share |
|
| Warrants: |
3,500,000 share purchase warrants to purchase 3,500,000 shares |
|
| Warrant Exercise Price: |
$0.05 for a five year period |
|
| Number of Placees: |
4 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Howard Louie |
Y |
1,000,000 |
| Finder's Fee: |
PI Financial Corp. $7,500 cash payable. |
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.
________________________________________
MINERA ALAMOS INC. ("MAI")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: July 30, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced June 30, July 8 and July 24, 2015:
| Number of Shares: |
3,493,598 shares |
|
| Purchase Price: |
$0.10 per share |
|
| Warrants: |
3,493,598 share purchase warrants to purchase 3,493,598 shares |
|
| Warrant Exercise Price: |
$0.10 for a four year period |
|
| Number of Placees: |
8 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| SHI Ventures Inc. |
||
| (Borys Chabursky) |
Y |
1,575,996 |
| Agent's Fee: |
An aggregate of $27,948 in cash and 279,488 broker warrants payable |
|
| to IBK Capital Corp. and Caldwell Securities Ltd. Each broker warrant |
||
| entitles the holder to acquire one unit at $0.10 for a four year period. |
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 releases dated June 30, 2015, July 8, 2015 and July 24, 2015.
_________________________________________
NYX GAMING GROUP LIMITED ("NYX")("NYX.R")("NYX.N")("NYX.WT)("NYX.DB")
BULLETIN TYPE: Halt, Delisting-Equity Subscription Receipts, Delisting Debt Subscription Receipts, New Listing-Debentures, New Listing Warrants,
BULLETIN DATE: July 30, 2015
TSX Venture Tier 1 Company
Halt, Delisting-Equity Subscription Receipts and Debt Subscription Receipts:
Reference is made to TSX Venture Exchange ("TSXV") Bulletins dated July 15, 2015 and July 20, 2015.
In anticipation of the closing of the B2B Acquisition and satisfaction of the Escrow Release Conditions (the "Closing") by NYX Gaming Group Limited (the "Company") which is scheduled to occur at the opening of business on Friday, July 31, 2015, the Equity Subscription Receipts (Symbol:NYX.R) and Debt Subscription Receipts (Symbol: NYX.N) (collectively, the "Subscription Receipts") of the "Company will be halted from trading at the close of business on Thursday, July 30, 2015 will remain halted and will be delisted at the close of business on Friday, July 31, 2015 (upon confirmation of the closing of the B2B Acquisition).
These actions will result from the TSXV receiving confirmation of (i) the satisfaction or waiver of all conditions precedent to the B2B Acquisition in accordance with the terms of the Purchase Agreement, but for the payment of the Purchase Price and any other amounts required to be satisfied in part by the release of the Escrowed Funds, and (ii) the putting into place of the security contemplated by the Debenture Indenture (the ''Escrow Release Conditions") being met and the Company and the Lead Underwriter, on behalf of the Underwriters, having delivered the escrow release notice (the ''Escrow Release Notice'') to the Subscription Receipt Agent seeking the release of the Escrowed Funds to the Company and the Underwriters, as applicable.
Accordingly: (i) each Equity Subscription Receipt will be automatically converted, without payment of additional consideration or further action, into one ordinary share of the Company and ii) each Debt Subscription Receipt will be automatically converted, without payment of additional consideration or further action, into one debt unit of the Company (a "Debt Unit"). Each Debt Unit is comprised of i) a 9% senior secured debenture in the principal amount of $1,000 due June 30, 2020 (the "Debentures") and ii) 70 ordinary share purchase warrants (the "Warrants"). Each Warrant will entitle the holder to purchase one ordinary share in the capital of the Company (the "Shares") upon the payment of the exercise price of $5.00 per Share. The Warrants expire at 5 p.m. (Eastern Time) on July 16, 2018.
The Equity Subscription Receipts (Symbol: NYX.R) and Debt Subscription Receipts (Symbol: NYX.N) will continue to trade on a regular settlement basis until the close of business on Thursday, July 30, 2015.
Furthermore, the Warrants and Debentures will be posted for trading effective at Friday, July 31, 2015 under the symbols NYX.WT and NYX.DB, respectively. See elsewhere in today's TSXV Bulletins for further information regarding the supplemental listing of Warrants of the Company.
As the Subscription Receipts trade as non-certificated inventory ("NCI") and no individual certificates are issued, holders of Subscription Receipts need not take any action in order to receive the securities to which they are entitled.
New Listing-Debentures, Halt
In anticipation of the closing of the B2B Acquisition and satisfaction of the Escrow Release Conditions (the "Closing") by NYX Gaming Group Limited (the "Company") which is scheduled to occur at the opening of business on Friday, July 31, 2015, the TSXV has accepted listing of a total of $70,000,000 principal amount of 9% senior secured debentures maturing on June 30, 2020 of the Company (the "Debentures") of which $45,000,000 was issued via short form prospectus and $25,000,000 was issued via private placement. The Debentures will be listed at the opening of business on Friday, July 31, 2015 under the trading information set out below, but will be halted from trading until such time TSXV has been advised that Closing has occurred.
| Corporate Jurisdiction: |
Guernsey |
| Capitalization: |
70,000 Debentures of $70,000,000 face value are issued and outstanding. ($45,000,000 is freely tradeable and $25,000,000 is subject to 4-month hold period). |
| Transfer Agent: |
Equity Financial Trust Company |
| Trading Symbol: |
NYX.DB |
| CUSIP Number: |
62953KAB8 |
The Debentures will be issued as part of the Closing, upon conversion of the Debt Subscription Receipts (Symbol: NYX.N) qualified by way of a short form prospectus dated July 9, 2015 (the "Prospectus") and issued pursuant to a private placement. The Prospectus also qualified the distribution of Equity Subscription Receipts (Symbol: NYX.R). The Equity Subscription Receipts and Debt Subscription Receipts will continue to trade on a regular settlement basis until the close of business on Thursday, July 30, 2015.
The Debentures will be quoted and traded on an accrued interest basis, i.e. all bids, offers and trades of the Debentures will reflect only the capital portion of the Debentures and will not reflect accrued interest. Accrued interest must be reflected in the seller's and buyer's settlement amount, and must be reflected on the confirmation with clients. The Debentures, which are issuable in the minimum principal amount of $1,000 each, will be quoted based on $100 principal amounts with all trades being made in multiples of $1,000. For example, an order to buy $5,000 principal amount will be given as an order to by 5,000. An order to sell $20,000 principal amount will be shown as an order to sell 20,000. An order for 1,500, for example, is not acceptable since all trades must be made in multiples of $1,000. The minimum trading unit of Debentures is $1,000 and a board lot of Debentures is $1,000.
All Debentures will be NCI registered in the name of CDS Clearing and Depository Services Inc. ("CDS") or its nominee. Purchasers of Debentures will not receive Debentures in definitive form. Such securities must be purchased, transferred and surrendered for conversion or redemption through a participant in CDS.
Additional information on the Debentures may be found in the Prospectus, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus.
Details of the Debentures:
| Maturity: |
June 30, 2020 (the "Maturity Date") |
| Interest: |
The Debentures will bear interest from the date of issue at a rate of 9% per annum computed on the basis of a 360-day year composed of twelve 30-day months. Interest will be payable in cash semi-annually in arrears on June 30 and December 31 in each year until the Maturity Date, commencing on December 31, 2015. The first interest payment will include interest accrued from the date of issue, but excluding December 31, 2015. The first interest payment payable on December 31, 2015 will be $37.50 per $1,000 principal amount of Debentures |
| Redemption: |
From the date the Debentures are issued to June 30, 2017, the Debentures may be redeemed in whole or in part at the option of the Company on not more than 60 days (and not less than 30 days) prior notice at a price equal to 107.0% of the principal amount plus accrued and unpaid interest. On or after June 30, 2017 to June 30, 2018, the Debentures may be redeemed in whole or in part at the option of the Company on not more than 60 days (and not less than 30 days) prior notice at a price equal to 104.5% of the principal amount plus accrued and unpaid interest. On or after June 30, 2018 and prior to (and not including) the Maturity Date, the Debentures may be redeemed in whole or in part at the option of the Company on not more than 60 days (and not less than 30 days) prior notice at a price equal to the principal amount plus accrued and unpaid interest. |
| Subordination: |
The Debentures shall be direct senior secured obligations of the Company and will, to the extent and for the maximum amount permitted by applicable law, have a first ranking security interest in the collateral of the Company and the Guarantors secured under the Security. The Debentures rank pari passu with one another, and, subject to statutory preferred exceptions, shall rank senior in payment to all of the Company's and Guarantor's existing and future indebtedness. |
| Clearing and Settlement: |
The Debentures will clear and settle through CDS. |
| Board Lot: |
The Debentures will trade in a board lot size of $1,000 face value. |
The Debentures will be issued under an indenture dated as of July 16, 2015 between the Company and Equity Financial Trust Company.
See elsewhere in today's TSXV Bulletins for further information regarding the supplemental listing of Warrants of the Company.
New Listing-Warrants, Halt
In anticipation of the closing of the B2B Acquisition and satisfaction of the Escrow Release Conditions (the "Closing") by NYX Gaming Group Limited (the "Company") which is scheduled to occur at the opening of business on Friday, July 31, 2015, the TSXV has accepted listing of a total of 4,900,000 ordinary share purchase warrants (the "Warrants") of the Company. The Warrants will be listed at the opening of business on Friday, July 31, 2015 under the trading information set out below, but will be halted from trading until such time TSXV has been advised that Closing has occurred.
| Corporate Jurisdiction: |
Guernsey |
| Capitalization: |
4,900,000 Warrants with no par value are issued and outstanding (3,150,000 Warrants are freely tradeable and 1,750,000 Warrants are subject to 4-month hold period) |
| Transfer Agent: |
Equity Financial Trust Company |
| Trading Symbol: |
NYX.WT |
| CUSIP Number: |
G66832125 |
The Warrants will be issued as part of the Closing, upon conversion of the Debt Subscription Receipts (Symbol: NYX.N) qualified by way of a short form prospectus dated July 9, 2015 (the "Prospectus") and issued pursuant to a private placement. The Prospectus also qualified the distribution of Equity Subscription Receipts (Symbol: NYX.R). The Equity Subscription Receipts and Debt Subscription Receipts will continue to trade on a regular settlement basis until the close of business on Thursday, July 30, 2015
Each Warrant will entitle the holder thereof, upon the payment of the exercise price of $5.00 per Warrant, to purchase one ordinary share of the Company (a "Share"). The Warrants will be exercisable until 5 p.m. (Eastern Time) on July 16, 2018.
The Warrants will be governed by the terms of a warrant indenture dated as of July 16, 2015 between the Company and Equity Financial Trust Company, as warrant agent.
Additional information on the Warrants may be found in the Prospectus, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus.
See elsewhere in today's TSX Bulletins for further information regarding the supplemental listing of 9% Senior Secured Debentures due June 30, 2020.
For more information, please see the Prospectus dated July 9, 2015 filed on SEDAR.
________________________________________
ONESOFT SOLUTIONS INC. ("OSS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 30, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a Share Sale Agreement (the "Agreement") between the Company and Bridge Solutions Inc. (the "Vendor") a non-arm's length private Alberta Company. As per the terms of the Agreement, the Company acquired all of the issued and outstanding shares of the Vendor. In consideration, the Company will pay the Vendor $762,647 by way of issuing 11,733,024 common shares at a deemed price of $0.065 per share.
The Exchange confirms that it has received satisfactory evidence of disinterested shareholder approval for this transaction and further confirms that 4,503,800 shares will be held in escrow pursuant to an Escrow Agreement dated July 17, 2015.
________________________________________
ORACLE MINING CORP. ("OMN")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: July 30, 2015
TSX Venture Tier 2 Company
Effective at the opening Friday, July 31, 2015, the common shares of the Company will commence trading on TSX Venture Exchange. The Company is classified as a 'Mineral Exploration and Development' company.
The Company will be delisted from trading on the Toronto Stock Exchange effective at the close of business on Thursday, July 30, 2015.
| Corporate Jurisdiction: |
British Columbia |
||
| Capitalization: |
Unlimited |
common shares with no par value of which |
|
| 65,070,105 |
common shares are issued and outstanding |
||
| Transfer Agent: |
Computershare Investor Services Inc |
||
| Trading Symbol: |
OMN |
||
| CUSIP Number: |
68404G103 |
||
For further information, please refer to the Company's news releases dated December 19, 2014, April 13, 2015, June 23, 2015, and July 30, 2015.
| Company Contact: |
Carlos Escribano, Chief Financial Officer |
| Company Address: |
250 – 1090 W. Georgia St., Vancouver BC. V6E 3V7 |
| Company Phone Number: |
604-689-9282 |
| Company Fax Number: |
604-689-9232 |
| Company Email Address: |
________________________________________
OREX MINERALS INC. ("REX")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: July 30, 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: |
4,114,300 |
| Original Expiry Date of Warrants: |
September 13, 2015 |
| New Expiry Date of Warrants: |
September 13, 2017 |
| Exercise Price of Warrants: |
$0.30 |
These warrants were issued pursuant to a private placement of 8,228,600 shares with 4,114,300 share purchase warrants attached, which was accepted for filing by the Exchange on September 10, 2013.
________________________________________
PELANGIO EXPLORATION INC. ("PX")
BULLETIN TYPE: Private Placement- Non-Brokered
BULLETIN DATE: July 30, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 25, 2015:
| Number of Shares: |
21,600,233 common shares |
|
| Purchase Price: |
$0.03 per share |
|
| Warrants: |
10,800,117 share purchase warrants attached to purchase 10,800,117 shares |
|
| Warrant Exercise Price: |
$0.05 for a two year period |
|
| Number of Placees: |
47 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P / |
# of Shares |
| Carl Nurmi |
Y |
340,000 |
| Notae Investments Limited |
||
| (Thor Eaton) |
Y |
3,500,000 |
| Ian Shaw |
Y |
166,667 |
| Warren Bates |
Y |
170,000 |
| Ingrid Hibbard |
Y |
3,500,000 |
| Aggregate Pro Group |
||
| Involvement [3 Placees] |
P |
1,700,000 |
| Finder's Fees: |
an aggregate of $18,231.09 is payable to Jones Gable & Company Limited |
|
| and Haywood Securities Inc. and PI Financial. |
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.
________________________________________
PRISM MEDICAL LTD. ("PM")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: July 30, 2015
TSX Venture Tier 1 Company
The Issuer has declared the following dividend:
| Dividend per Common share: |
$0.125 |
| Payable Date: |
August 27, 2015 |
| Record Date: |
August 17, 2015 |
| Ex-dividend Date: |
August 13, 2015 |
________________________________________
REVOLVER RESOURCES INC. ("RZ")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: July 30, 2015
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated June 8, 2015, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission dated June 5, 2015 has been revoked.
Effective at the opening, Friday, July 31, 2015 trading will be reinstated in the securities of the Company.
_______________________________________
SOUTHERN SILVER EXPLORATION CORP. ("SSV")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: July 30, 2015
TSX Venture Tier 2 Company
Further to the bulletin dated June 29, 2015, TSX Venture Exchange has accepted additional documentation supporting a Purchase Agreement dated May 14, 2015 between Electrum Global Holdings L.P. ('Electrum'), Southern Silver Exploration Corp. (the 'Company'), Southern Silver Holdings Limited ("SSHL') and Minera Plata del Sur S.A.de C.V. (collectively the 'Parties'), and a Shareholders Agreement also dated May 14, 2015 between the Parties, pursuant to which Electrum has an option to earn up to an indirect 60% interest in the Cerro Las Minitas property which comprises 19 mineral claims in Durango, Mexico.
| Insider / Pro Group Participation: |
|||
| Insider=Y / |
|||
| Name |
ProGroup=P |
||
| Electrum Global Holdings L.P. |
Y |
||
| CASH |
SHARES |
WORK EXPENDITURES |
|
| On effective Date for 10% interest |
US$500,000 |
||
| Within 18 months for 30% interest |
Additional US$1,500,000 |
||
| Within 48 months for 50% interest |
Additional US$1,500,000 |
||
| Within 48 months for a 60% interest |
Additional US$1,500,000 |
________________________________________
STRATEGIC RESOURCES INC. ("STI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 30, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 25, 2015. This financing is being conducted in reliance of a Discretionary Waiver as set out in the Notice to Issuers dated April 7, 2014:
| Number of Shares: |
1,000,000 shares |
|
| Purchase Price: |
$0.02 per share |
|
| Warrants: |
1,000,000 share purchase warrants to purchase 1,000,000 shares |
|
| Warrant Exercise Price: |
$0.05 for a two year period |
|
| Number of Placees: |
3 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aggregate Pro Group |
||
| Involvement [1 Placee] |
P |
333,333 |
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.]
________________________________________
TIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD. ("TWM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 30, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to an Asset Sale Agreement dated June 2, 2015 (the "Agreement") between the Company and private vendors (the "Vendors"). As per the terms of the Agreement, the Company acquired the Vendor's 63% operated working interest in a gas processing facility and related pipelines located in the West Pembina region in central Alberta for $180 million. The $180 million is comprised of $170 million cash and the issuance of 7,407,408 common shares at a deemed price of $1.35 per share.
________________________________________
TIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD. ("TWM")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: July 30, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced June 2, 2015 and June 16, 2015:
| Number of Shares: |
155,557,000 subscription receipts |
|
| Purchase Price: |
$1.35 per subscription receipt |
|
| Number of Placees: |
419 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Sub. Receipts |
| 1080766 Alberta Ltd. |
||
| (Joel MacLeod) |
Y |
740,700 |
| Douglas Fraser |
Y |
27,700 |
| Joel Vorra |
Y |
2,700 |
| Jarvis Williams |
Y |
13,800 |
| Becam Consulting Ltd. |
||
| (Steven Holyoake) |
Y |
27,700 |
| Greg Macdonald |
Y |
11,100 |
| CC&LIM (Martin Gerber) |
Y |
22,223,000 |
| Agent's Fee: |
CIBC World Markets Inc. - $5,700,040.93 |
|
| Macquarie Capital Markets Canada Ltd. - $5,700,040.93 |
||
| National Bank Financial Inc. - $24,000.70 |
||
| FirstEnergy Capital Corp. - $21,000.62 |
||
| GMP Securities L.P. - $19,500.57 |
||
| Canaccord Genuity Corp. - $18,000.53 |
||
| Acumen Capital Financial Partners Limited - $15,000.44 |
||
| Beacon Securities Limited - $12,000.35 |
||
| Desjardins Securities Inc. - $9,000.26 |
||
| EdgeCrest Capital Corp. - $1,500.04 |
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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