VANCOUVER, Oct. 7, 2015 /CNW/ -
TSX VENTURE COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: October 6, 2015
TSX Venture Companies
A Cease Trade Order has been issued by the British Columbia Securities Commission on October 6, 2015 against the following companies for failing to file the documents indicated within the required time period:
Symbol |
Tier |
Company |
Failure to File |
Period |
Ending |
||||
(Y/M/D) |
||||
AFR |
2 |
African Metals Corporation |
annual audited financial statements |
|
as required under Part 4 of National |
||||
Instrument 51-102 Continuous |
||||
Disclosure Obligations (NI 51-102) |
||||
for the year ended |
15/05/31 |
|||
a Form 51-102F1 Management's |
||||
Discussion and Analysis as required |
||||
under Part 5 of NI 51-102 for the |
||||
period ended |
15/05/31 |
|||
AAG |
2 |
Aftermath Silver Ltd. |
annual audited financial statements |
|
as required under Part 4 of National |
||||
Instrument 51-102 Continuous |
||||
Disclosure Obligations (NI 51-102) |
||||
for the year ended |
15/05/31 |
|||
a Form 51-102F1 Management's |
||||
Discussion and Analysis as required |
||||
under Part 5 of NI 51-102 for the |
||||
period ended |
15/05/31 |
|||
BGS |
2 |
Baroyeca Gold & Silver Inc. |
annual audited financial statements |
|
as required under Part 4 of National |
||||
Instrument 51-102 Continuous |
||||
Disclosure Obligations (NI 51-102) |
||||
for the year ended |
15/05/31 |
|||
a Form 51-102F1 Management's |
||||
Discussion and Analysis as required |
||||
under Part 5 of NI 51-102 for the |
||||
period ended |
15/05/31 |
|||
TRC |
2 |
Teryl Resources Corp. |
annual audited financial statements |
|
as required under Part 4 of National |
||||
Instrument 51-102 Continuous |
||||
Disclosure Obligations (NI 51-102) |
||||
for the year ended |
15/05/31 |
|||
a Form 51-102F1 Management's |
||||
Discussion and Analysis as required |
||||
under Part 5 of NI 51-102 for the |
||||
period ended |
15/05/31 |
Upon revocation of the 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.
________________________________________
CADAN RESOURCES CORPORATION ("CXD")
BULLETIN TYPE: Private Placement-Non-Brokered, Remain Suspended
BULLETIN DATE: October 7, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 4, 2015 and July 20, 2015:
Second Tranche:
Number of Shares: |
13,200,000 shares |
|
Purchase Price: |
$0.05 per share |
|
Warrants: |
13,200,000 share purchase warrants to purchase 13,200,000 shares |
|
Warrant Exercise Price: |
$0.10 for a one year period |
|
Number of Placees: |
1 Placee |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Share |
Hans-Peter Gamma |
Y |
13,200,000 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. 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.
________________________________________
EARTHWORKS INDUSTRIES INC. ("EWK")
BULLETIN TYPE: Private Placement-Non-Brokered, Correction
BULLETIN DATE: October 7, 2015
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated October 6, 2015, the Finder's Fee should have read as follows:
Finder's Fee: |
$360 payable to Richardson GMP |
The rest of the Bulletin remains unchanged.
________________________________________
EGUANA TECHNOLOGIES INC. ("EGT")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: October 7, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced September 15, 2015 and closed October 1, 2015:
Number of Securities: |
67,000,000 Common Shares |
|
Purchase Price: |
$0.0525 per Share |
|
Number of Placees: |
56 Placees |
|
Insider / Pro Group Participation: |
||
Insider = Y/ |
||
Name |
Pro Group = P |
# of Shares |
Robert Penner |
Y |
476,190 |
Brent Harris |
Y |
950,000 |
Justin Holland |
Y |
1,400,000 |
George W. Powlick |
Y |
28,571,429 |
Aggregate Pro Group |
||
Involvement [5 Placees] |
P |
4,049,999 |
Agent's Fee: |
Bayfront Capital Partners – Cash payment of $90,902.01 and 4,058,000 |
|
Agent's warrants, exercisable at a price of $0.0525 for three years |
||
Canaccord Genuity Corp – Cash payment of $20,081.25 and 382,500 |
||
Agent's warrants, exercisable at a price of $0.0525 for three years |
||
Haywood Securities Inc. – Cash payment of $1,575 and 30,000 Agent's |
||
warrants exercisable at a price of $0.0525 for three years |
||
CIBC World Markets – Cash payment of $4,200 and 80,000 Agent's |
||
warrants exercisable at a price of $0.0525 for three years |
||
GMP Securities L.P. – Cash payment of $7,323.75 and 139,500 Agent's |
||
warrants exercisable at a price of $0.0525 for three years |
||
Dundee Securities Ltd – Cash payment of $1,244.25 |
For further information please see the Company's press release dated October 1, 2015.
_______________________________________
ELISSA RESOURCES LTD ("ELI")
BULLETIN TYPE: Remain Halted - Change of Business
BULLETIN DATE: October 7, 2015
TSX Venture Tier 2 Company
Further to the Company's trading halt on December 4, 2015 and news release dated July 23, 2015, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation pursuant to TSXV Policy 5.2 regarding a Change of Business.
________________________________________
HIGHLAND COPPER COMPANY INC. ("HI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 7, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 5, 2015:
Number of Shares: |
24,426,434 shares |
Purchase Price: |
$0.15 per share |
Number of Placees: |
1 Placee |
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.
________________________________________
INCA ONE GOLD CORP. ("IO")
BULLETIN TYPE: Halt
BULLETIN DATE: October 7, 2015
TSX Venture Tier 2 Company
Effective at 5:39 a.m. PST, October 7, 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.
________________________________________
INCA ONE GOLD CORP. ("IO")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: October 7, 2015
TSX Venture Tier 2 Company
Effective at 10:00 a.m., PST, October 7, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
ONENERGY INC. ("OEG")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: October 7, 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 October 1, 2015, it may repurchase for cancellation, up to 1,209,125 of its common shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange during the period from October 12, 2015 to October 7, 2016. Purchases pursuant to the bid will be made by Paradigm Capital on behalf of the Company.
________________________________________
PETRO-VICTORY ENERGY CORP. ("VRY")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: October 7, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a Purchase and Sale Agreement and royalty Agreement (collectively, the "Agreements") between the Company and President Energy PLC ("President"). As per the terms of the Agreements, the Company will transfer its 36% working interest in the Pirity Consession, Chaco region, Paraguay (the "Pirity Consession") to President. In exchange, the Company will receive a 3% net-profits royalty on the Pirity Consession, US$500,000 cash, forgiveness of debt in the amount of approximately US$2,850,000, and contingent payment of up to US$2,700,000.
________________________________________
PRECIPITATE GOLD CORP. ("PRG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 7, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a Data Sharing and Cooperation Agreement dated September 30, 2015 between the Company and GoldQuest Mining Corp., whereby the Company and GoldQuest Mining Corp. will share all current and future Tireo belt exploration data in a collaborative effort to assist and accelerate each company's search for new gold discoveries in the Dominican Republic's Tireo volcanic belt. The Company will issue 300,000 common shares to GoldQuest Mining Corp. upon signing the Agreement.
________________________________________
SAINT JEAN CARBON INC. ("SJL")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: October 7, 2015
TSX Venture Tier 2 Company
Effective at 11:30 a.m., PST, October 7, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
STANDARD TOLLING CORP. ("TON")
BULLETIN TYPE: Halt
BULLETIN DATE: October 7, 2015
TSX Venture Tier 2 Company
Effective at 5:30 a.m. PST, October 7, 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.
________________________________________
STANDARD TOLLING CORP. ("TON")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: October 7, 2015
TSX Venture Tier 2 Company
Effective at 10:00 a.m., PST, October 7, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
VALDOR TECHNOLOGY INTERNATIONAL INC. ("VTI")
BULLETIN TYPE: Halt
BULLETIN DATE: October 7, 2015
TSX Venture Tier 2 Company
Effective at 6:19 a.m. PST, October 7, 2015, trading in the shares of the Company was halted pending clarification of 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.
________________________________________
VIDWRX INC. ("VID")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 7, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 2, 2015:
Number of Securities |
7,200,000 Special Warrants |
Purchase Price: |
$0.10 Per Special Warrant |
Terms of the Securities: |
Each Special Warrant is convertible, for no additional consideration, into one unit (the "Units") comprised of one common share (a "Unit Share") and one share purchase warrant, with each warrant (a "Unit Warrant") exercisable to acquire one common share (a "Unit Warrant Share") at an exercise price of $0.145 for a period of 48 months after the closing date. |
The Special Warrants are convertible by the holder at any time, but are deemed to be converted on the earlier of the date that is (i) three business days after the receipt for the Prospectus; and (ii) 4 months and one day after the closing date for the offering. Unit Warrants will expire on the date that is 48 months after the closing date for the offering. If the Issuer fails to obtain a receipt for the Prospectus within 60 days of the closing date for the offering, the holders of the Special Warrants will be entitled to receive an additional 0.25 common shares on conversion (the "Penalty Shares"). |
|
Warrants: |
7,200,000 share purchase warrants to purchase 7,200,000 shares |
Warrant Initial Exercise Price: |
$0.145 |
Warrant Term to Expiry: |
4 Years |
Number of Placees: |
3 Placees |
Finder's Fee: |
|
Maison Placements Canada |
$36,000.00 cash; The finder is receiving 360,000 special warrant. Details of the finder's special warrants are detailed in the attachment |
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.
________________________________________
NEX COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: October 6, 2015
NEX Companies
A Cease Trade Order has been issued by the British Columbia Securities Commission on October 6, 2015 against the following companies for failing to file the documents indicated within the required time period:
Symbol |
Tier |
Company |
Failure to File |
Period |
Ending |
||||
(Y/M/D) |
||||
FKS.H |
2 |
Folkstone Capital Corp. |
annual audited financial statements |
|
as required under Part 4 of National |
||||
Instrument 51-102 Continuous |
||||
Disclosure Obligations (NI 51-102) |
||||
for the year ended |
15/05/31 |
|||
a Form 51-102F1 Management's |
||||
Discussion and Analysis as required |
||||
under Part 5 of NI 51-102 for the |
||||
period ended |
15/05/31 |
|||
RSN.H |
2 |
Polar Resources Corporation |
annual audited financial statements |
|
as required under Part 4 of National |
||||
Instrument 51-102 Continuous |
||||
Disclosure Obligations (NI 51-102) |
||||
for the year ended |
15/05/31 |
|||
a Form 51-102F1 Management's |
||||
Discussion and Analysis as required |
||||
under Part 5 of NI 51-102 for the |
||||
period ended |
15/05/31 |
Upon revocation of the 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.
________________________________________
EASTCOAL INC. ("ECX.H")
BULLETIN TYPE: Remain Halted - Change of Business
BULLETIN DATE: October 7, 2015
NEX Company
Further to the Company's trading halt on July 29, 2015 and news release dated September 16, 2015, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation pursuant to TSXV Policy 5.2 regarding a Change of Business.
________________________________________
GENVIEW CAPITAL CORP. ("GVW.H")
BULLETIN TYPE: Remain Halted - Qualifying Transaction
BULLETIN DATE: October 7, 2015
NEX Company
Further to the Company's trading halt on May 13, 2015 and news release dated May 19, 2015, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation pursuant to TSXV Policy 2.4 regarding a Qualifying Transaction.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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