TSX VENTURE COMPANIES
ACTIVE GROWTH CAPITAL INC. ("ACK.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 17, 2009
TSX Venture Tier 2 Company
Effective at the opening, September 17, 2009, shares of the Company
resumed trading, an announcement having been made over Market News Publishing.
TSX-X
------------------------------
ALLIANCE GRAIN TRADERS INCOME FUND ("AGT.UN")
BULLETIN TYPE: Graduation
BULLETIN DATE: September 17, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has been advised that the Company's common shares
will be listed and commence trading on Toronto Stock Exchange at the opening
Friday, September 18, 2009, under the symbol "AGT".
As a result of this Graduation, there will be no further trading under the
symbol "AGT.UN" on TSX Venture Exchange after September 17, 2009, and its
trust units will be delisted from TSX Venture Exchange at the commencement of
trading on Toronto Stock Exchange.
TSX-X
------------------------------
BLANDINGS CAPITAL LIMITED ("BDC.P")
BULLETIN TYPE: Notice - QT Not Completed - Approaching 24 Months of
Listing, Remain Halted
BULLETIN DATE: September 17, 2009
TSX Venture Tier 2 Company
The shares of the Company were listed on TSX Venture Exchange on October
19, 2007. 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 October 19, 2009, the Company's trading status may be
changed to a suspension without further notice, in accordance with Exchange
Policy 2.4, Section 14.6.
Further to the TSX Venture Exchange Bulletin dated October 28, 2008,
trading in the Company's securities will remain halted.
TSX-X
------------------------------
BRASS CAPITAL CORP. ("BRZ.P")
BULLETIN TYPE: Halt
BULLETIN DATE: September 17, 2009
TSX Venture Tier 2 Company
Effective at the opening, September 17, 2009, trading in the shares of the
Company was halted at the request of the Company, pending an announcement;
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.
TSX-X
------------------------------
BRASS CAPITAL CORP. ("BRZ.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: September 17, 2009
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated September 17, 2009,
effective at 11:43 a.m. PST, September 17, 2009 trading in the shares of the
Company will remain halted pending receipt and review of acceptable
documentation regarding the Qualifying Transaction pursuant to Listings Policy
2.4.
TSX-X
------------------------------
BRASS CAPITAL CORP. ("BZR.P")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: September 17, 2009
TSX Venture Tier 2 Company
Pursuant to Policy 1.2, TSX Venture Exchange has been advised of, and
accepted the change of the Filing and Regional Office from Calgary to
Vancouver.
TSX-X
------------------------------
BTB REAL ESTATE INVESTMENT TRUST ("BTB.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: September 17, 2009
TSX Venture Tier 1 Company
The Issuer has declared the following distribution:
Distribution per Trust Unit: $0.0067
Payable Date: October 15, 2009
Record Date: September 30, 2009
Ex-Distribution Date: September 28, 2009
TSX-X
------------------------------
CERVUS LP ("CVL.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: September 17, 2009
TSX Venture Tier 1 Company
The Issuer has declared the following distribution:
Distribution per Trust Unit: $0.09
Payable Date: October 15, 2009
Record Date: September 30, 2009
Ex-Distribution Date: September 28, 2009
TSX-X
------------------------------
CHARTER REAL ESTATE INVESTMENT TRUST ("CRH.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: September 17, 2009
TSX Venture Tier 1 Company
The Issuer has declared the following distribution:
Distribution per Trust Unit: $0.01333
Payable Date: October 15, 2009
Record Date: September 30, 2009
Ex-Distribution Date: September 28, 2009
TSX-X
------------------------------
CORTEZ GOLD CORP. ("CUT.P")
(formerly Cortez Resources Corp. ("CUT.P"))
BULLETIN TYPE: Name Change
BULLETIN DATE: September 17, 2009
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders August 25, 2009, the
Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening Friday, September 18, 2009, the common shares of
Cortez Gold Corp. will commence trading on TSX Venture Exchange, and the
common shares of Cortez Resources Corp. will be delisted. The Company is
currently classified as a 'Capital Pool Company.'
Capitalization: Unlimited shares with no par value of which
9,100,001 shares are issued and outstanding
Escrow: 2,000,001
Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: CUT.P (unchanged)
CUSIP Number: 220575 10 4 (unchanged)
TSX-X
------------------------------
FIRST GOLD EXPLORATION INC. ("EFG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 17, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to
an option agreement dated August 19, 2009, whereby the Company can acquire up
to 85% interest of 2 lithium properties located in the Quebec Eastmain
Greenstone Belt composed of 95 mineral exploration claims.
In order to acquire an initial 51% interest, the Company must pay $30,000,
issue 3,000,000 shares and complete $300,000 in exploration and/or development
work on or before the first anniversary of the final agreement.
In order to acquire an additional 14% interest, the Company must issue
1,000,000 shares and complete $500,000 in exploration and/or development work
on or before the second anniversary of the final agreement.
In order to acquire an additional 20% interest, the Company must issue
1,000,000 shares and complete $1,000,000 in exploration and/or development
work on or before the third anniversary of the final agreement.
The Vendors shall retain a 2% Net Smelter Royalty in the property, half of
which (1%) may be purchased for $1,000,000.
For further information, please refer to the Company's press release dated
August 19, 2009
EXPLORATION FIRST GOLD INC. ("EFG")
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 17 septembre 2009
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents en vertu d'une
convention d'option d'achat datée du 19 août 2009, selon laquelle la société
peut acquérir jusqu'à 85 % d'intérêt dans deux propriétés de lithium situées
dans la ceinture de roche verte de Eastmain au Québec.
Afin d'acquérir un intérêt initial de 51 %, la société doit payer 30 000
$, émettre 3 000 000 d'actions et compléter 300 000 $ en travaux d'exploration
et/ou développement pour le premier anniversaire de la signature de l'entente
finale.
Afin d'acquérir un intérêt additionnel de 14 %, la société doit émettre 1
000 000 d'actions et compléter 500 000 $ en travaux d'exploration et/ou
développement pour le second anniversaire de la signature de l'entente finale.
Afin d'acquérir un intérêt additionnel de 20 %, la société doit émettre 1
000 000 d'actions et compléter 1 000 000 $ en travaux d'exploration et/ou
développement pour le troisième anniversaire de la signature de l'entente
finale.
Le vendeur conservera une royauté de 2 % du produit net de la vente des
métaux, dont la moitié (1 %) peut être racheté pour 1 000 000 $.
Pour plus d'information, veuillez vous référer au communiqué de presse
émis par la société le 19 août 2009
TSX-X
------------------------------
GOLD POINT ENERGY CORP. ("GPE")
BULLETIN TYPE: Delist
BULLETIN DATE: September 17, 2009
TSX Venture Tier 2 Company
Further to our Plan of Arrangement, Remain Halted bulletin dated May 29,
2009, effective at the close of business Thursday, September 17, 2009, the
common shares of Gold Point Energy Corp. will be delisted from TSX Venture
Exchange at the request of the Company.
The shares of San Leon Energy Plc will continue to trade on AIM.
TSX-X
------------------------------
GOLDEN PREDATOR ROYALTY & DEVELOPMENT CORP. ("GPD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 17, 2009
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pertaining to
an Agreement of Purchase and Sale of Mineral Property between Golden Predator
Royalty & Development Corp. (the "Company") and Copper Ridge Explorations Inc.
(the "Vendor"), whereby the Company can acquire a 100% interest in the Ogopogo
Property located in the Fairbanks Recording District of Alaska. In
consideration, the Company will issue 75,000 units to the Vendor, with each
unit consisting of one share and one share purchase warrant exercisable for a
two year period at $0.75 for the first six months and $0.90 for the remaining
eighteen months.
Should the Property become the subject of a positive bankable feasibility
study ("BFS") prior to December 31, 2011, the Company will issue an additional
500,000 shares of to the Vendor, subject to a $1,000,000 cap in value. The cap
will be raised to $1,500,000 if a BFS is delivered from January 1, 2012
through December 31, 2013, to $2,000,000 if a BFS is delivered from January 1,
2014 through December 31, 2015, and to $2,500,000 thereafter.
Certain minerals claims on the Ogopogo Property are subject to a 0.5% NSR
payable to previous owners and an additional 2% NSR on the entire Property to
the Vendor.
TSX-X
------------------------------
GOLDEN PREDATOR ROYALTY & DEVELOPMENT CORP. ("GPD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 17, 2009
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pertaining to
an Assignment of Mineral Property Agreement between Golden Predator Royalty &
Development Corp. (the "Company"), Copper Ridge Explorations Inc. (the
"Vendor") and True North, the Company's wholly owned subsidiary, whereby True
North can acquire the Vendor's interest in the Willoughby Property (the
"Property") located in the Skeena Mining Division of British Columbia. The
Property is subject to an existing option agreement from the Vendor in favor
of BonTerra Resources Inc. ("BonTerra"), whereby BonTerra may earn up to a 65%
interest in the Property. The Company is acquiring the Property subject to
this agreement. In consideration, the Company will issue 300,000 units to the
Vendor and assume obligations to the underlying property owner, which include
payments of an aggregate of $80,000 and issuing the equivalent of 200,000
shares of the Vendor. Each unit consists of one share and one share purchase
warrant, exercisable for a period of two years at $0.75 for the first six
months and $0.90 for the remaining eighteen months.
Should the Property become the subject of a positive bankable feasibility
study ("BFS") prior to December 31, 2011, the Company will issue an additional
500,000 shares of to the Vendor, subject to a $1,000,000 cap in value. The cap
will be raised to $1,500,000 if a BFS is delivered from January 1, 2012
through December 31, 2013, to $2,000,000 if a BFS is delivered from January 1,
2014 through December 31, 2015, and to $2,500,000 thereafter.
The Property is subject to a 4% NSR payable to the underlying Property
owner, which may be reduced to 1% by the payment of $500,000. In addition, the
Vendor is entitled to a 1% NSR.
TSX-X
------------------------------
GOLDMINCO CORPORATION ("GCP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 17, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced August 21, 2009:
Number of Shares: 180,000,000 shares
Purchase Price: $0.025 per share
Warrants: 90,000,000 share purchase warrants to purchase
90,000,000 shares
Warrant Exercise Price: $0.05 for a one year period
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
James Carter Y 400,000
David Greenwood Y 200,000
E.T. Hunter IV Ltd. Y 400,000
Eric Savics P 1,000,000
Anglo Pacific Group PLC Y 38,000,000
Straits Gold Pty Ltd. Y 137,100,000
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.)
TSX-X
------------------------------
INTERNATIONAL WAYSIDE GOLD MINES LTD. ("WYG")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: September 17, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 39,216 bonus shares, including shares that will be issued to the
following insider. The bonus shares are being issued in consideration of two
loans totaling $400,000.
Shares
Elaine Callaghan 9,804
TSX-X
------------------------------
LATEEGRA GOLD CORP. ("LRG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 17, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement dated
September 4, 2009 between Lateegra Gold Corp. (the 'Company') and North
American Exploration Ltd. (Bernard Dulce & Serge Lavoie), whereby the Company
will acquire a 100% interest in two mineral claims known as the Latimer Lake
claims covering a total of 200 acres located southwest of Timmins, Ontario.
Total consideration consists of $10,000 in cash payments and 200,000
shares of the Company.
In addition, there is a 2.5% net smelter return relating to the
acquisition. The Company may at any time purchase 0.5% of the net smelter
return for $1,000,000 in order to reduce the total net smelter return to 2%.
TSX-X
------------------------------
LEGEND POWER SYSTEMS INC. ("LPS")
BULLETIN TYPE: Private Placement-Brokered and Non-Brokered
BULLETIN DATE: September 17, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered and Non-Brokered Private Placement announced July 30, 2009 and
August 17, 2009:
Number of Shares: 8,778,000 brokered shares and 200,000 non-
brokered shares
Purchase Price: $0.50 per share
Warrants: 4,489,000 share purchase warrants to purchase
4,489,000 shares
Warrant Exercise Price: $0.60 for an 18 month period
Number of Placees: 52 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Robert F. Rose P 300,000
Barbara Langer P 60,000
Steve Swaffield P 45,000
D&D Securities Company P 600,000
Finder's Fee: $262,650 in cash and 867,800 broker's warrants
payable to D&D Securities Company, where each
broker's warrant may be exercised into one unit
of the Issuer with each unit having the same
terms as those in the above financing.
$3,000 in cash payable to Canaccord Capital
Corp.
$294,775.87 in cash and 433,900 shares payable
to Phoenix Alliance Corp.
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.
TSX-X
------------------------------
NATCORE TECHNOLOGY INC. ("NXT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 17, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced June 29, 2009:
Number of Shares: 2,932,500 shares
Purchase Price: $0.40 per share
Warrants: 2,932,500 share purchase warrants to purchase
2,932,500 shares
Warrant Exercise Price: $0.75 for a two year period subject to a forced
exercise provision whereby, if the closing price
of the Issuer's shares exceeds $1.50 per share
for a period of twenty consecutive trading days
on the Exchange, then the Issuer will be
entitled to send a notice to holders of the
warrants stating that such warrants will expire
upon the completion of a 30 day notice period.
Number of Placees: 42 placees
Insider/Pro Group Participation: N/A
Finder's Fee: 10% in cash ($115,700) and 10% in broker's
warrants (289,250) based on proceeds raised
payable to Canaccord Capital Corp., where each
warrant has the same terms as those in the above
financing.
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.
TSX-X
------------------------------
POLAR STAR MINING CORPORATION ("PSR")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: September 17, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 150,000 shares at a deemed price of $0.46 per share , in consideration
of certain services provided to the company pursuant to an agreement dated
February 26, 2007 and amended on August 11, 2009.
Insider/Pro Group Participation:
Deemed
Insider equals Y/ Amount Price No. of
Creditor Progroup equals P Owing per Share Shares
Terence Walker Y $69,000 $0.46 150,000
The Company shall issue a news release when the shares are issued.
TSX-X
------------------------------
RANGER ENERGY LTD. ("RGG.H")
(formerly Ranger Energy Ltd. ("RGG"))
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Resume
Trading
BULLETIN DATE: September 17, 2009
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 Friday, September 18, 2009, 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 Calgary to NEX.
As of September 18, 2009, trading in the shares of the Company will resume
and 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 RGG to RGG.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.
TSX-X
------------------------------
RICHFIELD VENTURES CORP. ("RVC")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: September 17, 2009
TSX Venture Tier 2 Company
Further to the bulletin dated September 14, 2009, TSX Venture Exchange has
accepted an amendment to a Non-Brokered Private Placement announced August 26,
2009. The amendment affects the number of shares issued as follows. All other
terms remain unchanged:
Number of Shares: 3,458,165 non-flow through shares
2,660,705 flow through shares
TSX-X
------------------------------
SHEAR MINERALS LTD. ("SRM")
BULLETIN TYPE: Halt
BULLETIN DATE: September 17, 2009
TSX Venture Tier 2 Company
Effective at 10:27 a.m. PST, September 17, 2009, trading in the shares of
the Company was halted pending contact with the Company; 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.
TSX-X
------------------------------
SIENNA GOLD INC. ("SGP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 17, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced June 23 and September 10, 2009:
Number of Shares: 5,466,666 Units
Each unit consists of one common share and one
common share purchase warrant.
Purchase Price: $0.15 per Unit
Warrants: 5,466,666 share purchase warrants to purchase
5,466,666 shares
Warrant Exercise Price: $0.25 for a one year period
Number of Placees: 45 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
John Rucci Y 83,625
Gordon Forbes Y 20,787
Declan Livesey Y 103,160
Rick Skeith Y 48,213
Finder's Fee: $32,000 cash and 266,667 Finders Warrants issued
to Canaccord Capital Corporation.
$480 cash and 4,000 Finders Units issued to
Wolverton Securities Ltd.
$1,680 cash and 14,000 Finders Units issued to
Blackmont Capital Inc.
$8,538 cash and 71,150 Finders Units issued to
Northern Securities Inc.
Each Finders Warrant is exercisable for one
common share at $0.25 per share and expires on
September 10, 2010.
Each Finders Unit is exercisable for one Unit at
$0.15 per Unit, expiring on August 31, 2010.
Each Unit consists of one common share and one
common share purchase warrant. Each warrant is
exercisable for one common share at $0.25 per
share and expires on August 31, 2010.
TSX-X
------------------------------
SONOMAX HEARING HEALTHCARE INC. ("SHH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 17, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with
respect to a Non-Brokered Private Placement announced on August 21, 2009:
Number of Shares: 50,000,000 common shares
Purchase Price: $0.02 per common share
Warrants: 50,000,000 warrants to purchase 50,000,000
common shares
Warrants Exercise Price: $0.05 for the first year and $0.10 during the
four years thereafter
Insider/Pro Group Participation:
Insider equals Y/
Name Pro Group equals P Number of shares
Michael Blank Y 1,000,000
Jean Nicolas Laperle Y 500,000
Alvin Schacter Y 500,000
Adam Schwartz Y 500,000
Paul Azeff P 750,000
Bryan Paul P 300,000
The Company has announced the closing of the Private Placement by way of a
press release dated September 3, 2009.
SONOMAX HEARING HEALTHCARE INC. ("SHH")
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 17 septembre 2009
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, tel qu'annoncé le 21 août
2009 :
Nombre d'actions : 50 000 000 d'actions ordinaires
Prix : 0,02 $ par action ordinaire
Bons de souscription : 50 000 000 de bons de souscription permettant
de souscrire à 50 000 000 d'actions
ordinaires
Prix d'exercice des bons : 0,05 $ pendant une période d'un an et 0,10 $
durant les quatre années suivantes
Initié/Participation Groupe Pro :
Initié égale Y/
Nom Groupe Pro égale P Nombre d'actions
Michael Blank Y 1 000 000
Jean Nicolas Laperle Y 500 000
Alvin Schacter Y 500 000
Adam Schwartz Y 500 000
Paul Azeff P 750 000
Bryan Paul P 300 000
La société a confirmé la clôture du placement privé par voie d'un
communiqué de presse daté du 3 septembre 2009.
TSX-X
------------------------------
VR INTERACTIVE CORPORATION ("VRI")
BULLETIN TYPE: Halt
BULLETIN DATE: September 17, 2009
TSX Venture Tier 2 Company
Effective at 10:00 a.m. PST, September 17, 2009, trading in the shares of
the Company was halted pending contact with the Company; 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.
TSX-X
------------------------------
WATERLOO RESOURCES LTD. ("WAT")
(formerly Waterloo Resources Ltd. ("WAT.P"))
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Property-
Asset or Share Purchase Agreement, Private Placement-Non-Brokered, Resume
Trading
BULLETIN DATE: September 17, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's Qualifying
Transaction described in its Filing Statement dated August 14, 2009. As a
result, at the opening on September 18, 2009, the Company will no longer be
considered a Capital Pool Company. The Qualifying Transaction includes the
following:
Property-Asset or Share Purchase Agreement:
TSX Venture Exchange has accepted for filing an Option Agreement dated
September 8, 2008 as amended by letter agreements dated October 20, 2008,
March 5, 2009 and May 31, 2009, between Eagle Plains Resources Ltd. ('Eagle
Plains') and the Company. Pursuant to the Option Agreement, the Company may
exercise its right to earn up to a 60% interest in the Ice River Property by:
paying $510,0000 and issuing 750,000 shares to Eagle Plains over a five
year period, as follows:
$10,000 on execution of the Option Agreement (Paid);
$20,000 and 100,000 Shares by September 27, 2009;
an additional $25,000 and 100,000 Shares by September 27, 2010;
an additional $25,000 and 100,000 Shares by September 27, 2011;
an additional $50,000 and 150,000 Shares by September 27, 2012;
an additional $120,000 and 100,000 Shares by September 27, 2013; and
an additional $260,000 and 200,000 Shares by September 27, 2014; and
incurring minimum $3,000,000 exploration expenditures on the Ice River
Property over a five year period as follows:
$200,000 before September 27, 2010;
$50,000 ($250,000 total) before September 27, 2011;
$500,000 ($750,000 total) before September 27, 2012;
$1,000,000 ($1,750,000 total) before September 27, 2013; and
$1,250,000 ($3,000,000 total) before September 27, 2014
Upon the exercise of the Option, the Company and Eagle Plains will be
deemed to have formed a joint venture (Company 60%; Eagle Plains 40%) for the
purposes of the continued exploration and exploitation of the Ice River
Property.
Pursuant to the joint venture agreement, the Company will have the right
to earn an additional 15% interest in the Ice River Property (total interest
75%) by paying 100% of all expenditures required to deliver to Eagle Plains a
bankable feasibility study in respect of the Ice River Property by no later
than September 27, 2017.
If the Company exercises the Option and acquires a 60% interest in the Ice
River Property, the Company's interest will be subject to a 1% net smelter
returns royalty retained by Eagle Plains. The Company may, within three years
of the commencement of commercial production, purchase the Royalty from Eagle
Plains for $1,000,000.
Private Placement-Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced July 23, 2009:
Number of Shares: 5,200,000 shares (2,000,000 flow-through shares;
3,200,000 non-flow-through shares
Purchase Price: $0.10 per share
Warrants: 5,200,000 share purchase warrants to purchase
5,200,000 shares
Warrant Exercise Price: $0.155 for a five year period
Number of Placees: 33 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Marcel De Groot Y 200,000
Leone Legree P 10,000
Graham Moore P 100,000
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.
The Exchange has been advised that the above transactions have been
completed.
Capitalization: Unlimited shares with no par value of which
9,840,000 shares are issued and outstanding
Escrow: 2,440,000 CPC Escrow Shares
Symbol: WAT (same symbol as CPC but with .P
removed)
The Company is classified as a "Mineral Exploration" company.
Company Contact: Sam Wong
Company Address: 1050-625 Howe Street
Vancouver, BC V6C 2T6
Company Phone Number: (604) 628-1161
Company Fax Number: (604) 688-0094
Resume Trading:
The common shares of the Company have been halted from trading since
September 8, 2008, pending completion of a Qualifying Transaction.
Effective at the opening Friday, September 18, 2009, trading in the shares
of the Company will resume.
For more information, please refer to the Company's Filing Statement dated
August 14, 2009.
TSX-X
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WESCAN GOLDFIELDS INC. ("WGF")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 17, 2009
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced July 29 and September 4, 2009:
Number of Shares: 2,749,756 Flow Through shares
1,741,499 Units
Each Unit consists of one common share and one
half of one common share purchase warrant
Purchase Price: $0.22 per Flow Through share
$0.18 per Unit
Warrants: 870,750 share purchase warrants to purchase
870,750 shares
Warrant Exercise Price: $0.30 for 12 months from issuance
Number of Placees: 12 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
MacNeill Brothers Oil
and Gas (Ken MacNeill) Y 280,000 Units
Maurice Lindsay Y 16,666 Units
Finder's Fee: $4,764.62 cash to RBC Dominion Securities Inc.
$20,965.02 cash and 95,296 Finders Warrants to
Paradigm Portfolio Management Corporation
$15,400.00 cash and 35,000 Finders Warrants to
Barrington Capital Corp.
35,000 Finders Warrants to Anthem Capital Group
Inc.
$770.00 cash and 3,500 Finders Warrants to
Canaccord Capital Corporation
$446.00 cash and 2,030 Finders Warrants to
Global Maxfin Capital Inc.
TSX-X
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For further information: Market Information Services at 1-888-873-8392, or email: [email protected]
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