TSX VENTURE COMPANIES
ALANGE ENERGY CORP. ("ALE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 11, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. has accepted for filing documentation in
connection with a Purchase and Sale Agreement (the "Agreement") between
Prospero Hydrocarbons Inc. ("Prospero"), a subsidiary of Alange Energy Corp.
("Alange"), and Mecaya Colombia Partners LLC ("MCP") dated September 15, 2008
(as amended by extension and amending agreements dated October 15, 2008,
November 14, 2008, December 15, 2008, January 15, 2009 and November 12, 2009).
Under the Agreement, Prospero (now named "Alange Alberta Corp.") will acquire
a 50.9% share of MCP's 55% participating interest in an area known as the
Mecaya Block located in Colombia (resulting in a 28% interest in the Mecaya
Block). The Mecaya Block consists of an area of approximately 30,000 hectares
located in the Putumayo Province of Southern Colombia. As consideration for
the interest in the Mecaya Block, Prospero must pay a purchase price of
US$4,500,000 payable as to US$3,500,000 in cash (of which US$200,000 has been
paid) and the balance of US$1,000,000 in common shares of Alange being
1,967,593 common shares.
TSX-X
------------------------------------
AMMONITE ENERGY LTD. ("AMO")
BULLETIN TYPE: Halt
BULLETIN DATE: December 11, 2009
TSX Venture Tier 1 Company
Effective at the opening, December 11, 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
------------------------------------
BLING CAPITAL CORP. ("BLI.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 11, 2009
TSX Venture Tier 2 Company
Effective at the opening Monday, December 14, 2009, shares of the Company
will resume trading, an announcement having been made on November 12, 2009.
TSX-X
------------------------------------
BRIDGEPORT VENTURES INC. ("BPV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 11, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced November 26, 2009:
Number of Shares: 12,590,000 shares
Purchase Price: $1.00 per share
Warrants: 12,590,000 share purchase warrants to purchase
12,590,000 shares
Warrant Exercise Price: $1.50 for a three year period
Number of Placees: 70 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Hugh Snyder Y 1,000,000
Andrew Wayne Beach P 250,000
Ryan Mathieson P 50,000
John McBride Y 150,000
Donato Sferra P 50,000
Jeff Kowal P 50,000
Don McFarlane P 175,000
Finder's Fee: an aggregate of $503,400, plus 521,200 broker
warrants (each exercisable into 1 common share
at a price of $1.00 for a period of 1 year)
payable to Andrew Beach, Toll Cross Securities
Inc., PowerOne Capital Markets Ltd., Canaccord
Capital Corp., Robert Chalmers, RPC Capital
Ltd., Arena Advisors Canada Inc., BMO Nesbitt
Burns, Foster & Associates, CIBC World Markets,
Haywood Securities Inc. and MGI Securities
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.
TSX-X
------------------------------------
BRIDGEPORT VENTURES INC. ("BPV")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 11, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a
purchase agreement (the "Agreement") dated November 10, 2009, between
Francisco Schubert Seiffert (the "Vendor"), Rio Condor Resources S.A. ("Rio
Condor") and Bridgeport Ventures Inc. (the "Company"). Pursuant to the
Agreement, the Company shall acquire 100% of the issued and outstanding shares
of Rio Condor from the Vendor.
As consideration, the Company shall issue 1,200,000 common shares and pay
US$2,000 to the Vendor.
For more information, refer to the Company's news release dated November
11, 2009.
TSX-X
------------------------------------
CASSIDY GOLD CORP. ("CDX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 11, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced November 16, 2009:
Number of Shares: 10,000,000 shares
Purchase Price: $0.20 per share
Warrants: 5,000,000 share purchase warrants to purchase
5,000,000 shares
Warrant Exercise Price: $0.30 for a two year period. The warrants are
subject to an accelerated exercise provision in
the event the Company shares are greater than
$0.60 on any 20 consecutive trading days.
Number of Placees: 23 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Osvaldo (Ozzie)
Iadoraola Y 50,000
Phoenix Gold Fund
Limited Y 3,500,000
Alvin F. Ritchie P 200,000
Cheryl Wheeler P 100,000
Randy Butchard P 200,000
Tumer Bahcheli P 220,000
Bob Verhelst P 25,000
Finders' Fees: Arena Advisors Canada Inc. - $50,000 and 250,000
Finder's Warrants that are exercisable into
common shares at $0.205 per share for a two year
period.
Haywood Securities Inc. - $8,000 and 40,000
Finder's Warrants that are exercisable into
common shares at $0.205 per share for a two year
period.
Leede Financial Markets Inc. - $8,000 and 40,000
Finder's Warrants that are exercisable into
common shares at $0.205 per share for a two year
period.
Jennings Capital Inc. - $3,920 and 19,600
Finder's Warrants that are exercisable into
common shares at $0.205 per share for a two year
period.
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
------------------------------------
CBM ASIA DEVELOPMENT CORP. ("TCF")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Correction
BULLETIN DATE: December 11, 2009
TSX Venture Tier 2 Company
Further to the bulletin dated December 10, 2009, the bulletin should have
read as follows:
TSX Venture Exchange has conditionally accepted for filing an amendment
dated December 1, 2009 to the Letter of Intent dated October 16, 2009 between
CBM Asia Development Corp. (the "Company") and Batavia Energy Inc.
("Batavia"), a private Ontario company, and McLaren Resources Inc.
(collectively the "Vendors"), whereby the Company is to acquire, indirectly
through a holding company, 24% of South Sumatra Energy Inc. ("SSE") which,
together with PT Medco CBM Sekayu, the operator, holds a production sharing
contract (the "Sekayu PSC") for coalbed methane on a 58,349 hectare block
located in the South Sumatra Basin, Indonesia (the "Property"). The 24%
interest in SSE represents an estimated 12% working interest in the Sekayu
PSC. In consideration, the Company is required to make a cash payment of
US$730,000 to Batavia upon closing and US$350,000 on or before March 1, 2011
at the Company's discretion (if the Company fails to make this payment by
March 1, 2011, the Company's interest in SSE will be reduced to a 22% interest
representing an estimated 11% working interest in the Sekayu PSC). The Company
is to incur exploration expenditures totaling US$3,243,500 under the Sekayu
PSC on or before December 31, 2012. The Company is required, under the
Exchange conditional acceptance, to submit a NI 51-101 compliant technical
report on the Property for disclosure purpose on or before March 10, 2010.
TSX-X
------------------------------------
DEREK OIL & GAS CORPORATION ("DRK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 11, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced November 5, 2009:
Number of Shares: 500,000 shares
Purchase Price: $0.10 per share
Warrants: 500,000 share purchase warrants to purchase
500,000 shares
Warrant Exercise Price: $0.12 for a five year period
Number of Placees: 3 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Greg Amor Y 190,000
Barry C.J. Ehrl Y 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.
TSX-X
------------------------------------
DRM VENTURES INC. ("DRM.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: December 11, 2009
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Prospectus dated October 15, 2009 has
been filed with and accepted by TSX Venture Exchange and the Ontario, British
Columbia, Alberta and Quebec Securities Commissions effective October 19,
2009, pursuant to the provisions of the respective Securities Acts. The Common
Shares of the Company will be listed on TSX Venture Exchange on the effective
date stated below.
The Company has completed its initial distribution of securities to the
public. The gross proceeds received by the Company for the Offering were
$1,000,000 (5,000,000 common shares at $0.20 per share).
Commence Date: At the opening Monday, December 14, 2009, the
Common shares will commence trading on TSX
Venture Exchange.
Corporate Jurisdiction: Ontario
Capitalization: Unlimited common shares with no par value of
which
6,550,000 common shares are issued and
outstanding
Escrowed Shares: 1,550,000 common shares
Transfer Agent: Equity Transfer & Trust Company
Trading Symbol: DRM.P
CUSIP Number: 26210A 10 8
Agent: Haywood Securities Inc.
Agent's Options: 500,000 non-transferable stock options. One
option to purchase one share at $0.20 per share
for up to 24 months.
For further information, please refer to the Company's Prospectus dated
October 15, 2009.
Company Contact: Amin Khalifa
Company Address: c/o 365 Bay Street, Suite 800
Toronto, ON M5H 2V1
Company Phone Number: (949) 547-1368
Company Fax Number: (416) 361-1790
TSX-X
------------------------------------
EAGLECREST EXPLORATIONS LTD. ("EEL")
BULLETIN TYPE: Consolidation
BULLETIN DATE: December 11, 2009
TSX Venture Tier 1 Company
Pursuant to a special resolution passed by shareholders on December 10,
2009, the Company has consolidated its capital on a 10 old for 1 new basis;
however, the name and the trading symbol of the Company have not been changed.
Effective at the opening Monday, December 14, 2009, common shares of
Eaglecrest Explorations Ltd. will commence trading on TSX Venture Exchange on
a consolidated basis. The Company is classified as a 'Mining
Exploration/Development' company.
Post - Consolidation
Capitalization: Unlimited shares with no par value of which
43,381,203 shares are issued and outstanding
Escrow: 18,750 shares are subject to escrow
Transfer Agent: Computershare Investor Services
Trading Symbol: EEL (unchanged)
CUSIP Number: 269903 30 8 (new)
TSX-X
------------------------------------
ETNA RESOURCES INC. ("ETN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 11, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced October 1, 2009:
Number of Shares: 9,848,801 shares
Purchase Price: $0.30 per share
Warrants: 4,924,400 share purchase warrants to purchase
4,924,400 shares
Warrant Exercise Price: $0.50 for an eighteen-month period
Number of Placees: 185 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Dallas Fahy P 40,000
William Vance P 200,000
David Lyall P 200,000
Finders' Fees: $37,416 cash and 124,720 warrants payable to 314
Finance Corp. (Tasso Baras)
$1,680 cash and 5,600 warrants payable to Bolder
Investment Partners, Ltd.
$840 cash and 2,800 warrants payable to Northern
Securities Inc.
$17,520 cash and 58,400 warrants payable to
Jordan Capital Markets Inc.
$72,715.22 cash and 242,384 warrants payable to
Canaccord Financial Ltd.
$40,000 cash and 133,333 warrants payable to
PowerOne Capital Markets Limited
$26,400 cash and 88,000 warrants payable to
Interglobal Trading, Inc. (Ian Heathcote)
$11,040 cash and 36,800 warrants payable to
Research Capital Corporation
$7,720 cash and 25,733 warrants payable to
Christopher Verrico
$7,999.99 cash and 26,666 warrants payable to
Frank Taggart
$1,440 cash and 4,800 warrants payable to Ian
Fuller
$2,400 cash and 8,000 warrants payable to Alex
Kuznecov
$7,680 cash and 25,600 warrants payable to
Ashley James
- Finder's fee warrants are exercisable at $0.50
per share for an eighteen-month period.
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
------------------------------------
FOCUS VENTURES LTD. ("FCV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 11, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced November 5, 2009:
Number of Shares: 8,000,000 shares
Purchase Price: $0.75 per share
Warrants: 4,000,000 share purchase warrants to purchase
4,000,000 shares
Warrant Exercise Price: $1.00 for a two year period
Number of Placees: 102 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Catherine Seltzer P 65,000
Harry Pokrandt P 100,000
Finders' Fees: 351,435 units and 351,435 warrants payable to
Axemen Resource Capital Ltd.
140,023 warrants payable to Leede Financial
Markets Inc.
46,667 units and 46,667 warrants payable to
Global Resource Investments, Ltd.
11,375 units and 11,375 warrants payable to PI
Financial Corp.
- Finder's fee warrants are exercisable at $1.00
for two years.
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
------------------------------------
HTC PURENERGY INC. ("HTC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 11, 2009
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced October 27, 2009:
Number of Shares: 40,000 shares
Purchase Price: $2.50 per share
Number of Placees: 2 placees
No Insider/Pro Group Participation
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.
TSX-X
------------------------------------
IMPAX ENERGY SERVICES INCOME TRUST ("MPX.UN")
BULLETIN TYPE: Halt
BULLETIN DATE: December 11, 2009
TSX Venture Tier 2 Company
Effective at 7:37 a.m. PST, December 11, 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
------------------------------------
NANOTECH SCIENCES CORP ("NAN.P")
BULLETIN TYPE: Qualifying Transaction-Completed, Delist
BULLETIN DATE: December 11, 2009
TSX Venture Tier 2 Company
Qualifying Transaction:
TSX Venture Exchange has accepted for filing the Company's Qualifying
Transaction described in its Management Information Circular dated November 2,
2009. The Qualifying Transaction involves the subscription by the Company into
a brokered private placement (the Courtland Private Placement) being carried
out by Courtland Capital Corporation (Courtland), a capital pool company. The
Company's subscription was for 2,176,875 units of Courtland (the Courtland
Units) at a purchase price of $0.10 per Courtand Unit. Each Courtland Unit
consists of one common share of Courtland (the Courtland Share) and
three-quarters of one common share purchase warrant of Courtland (the
Courtland Warrant). Each whole Courtland Warrant entitles the holder to
acquire an additional Courtland Share at an exercise price of $0.20 per share
for a period of two years after closing of the Courtland Private Placement.
The Courtland Private Placement was carried out in conjunction with, and
as a condition of, the completion of Courtland's Qualifying Transaction, being
its acquisition of ForceLogix Technologies Inc. (ForceLogix). Pursuant to
Courtland's Qualifying Transaction, Courtland securities, including the
Courtland Units, were automatically converted into securities of ForceLogix.
The Exchange has been advised that the subscription by the Company into
the Courtland Private Placement, among other things, was approved by a
majority of the minority of the shareholders of the Company on November 26,
2009, and as a result, the Company completed its subscription into the
Courtland Private Placement.
As a result, the following insiders of the Company acquired the following
shares of ForceLogix, which are subject to a Tier 2 Value Escrow Agreement,
together with warrants of ForceLogix received by these insiders, which are
also subject to similar restrictions.
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P No. of ForceLogix Shares
Jason Bullen Y 135,000
Scott Walters Y 270,000
Michael Mansfield Y 67,500
Linx Inc.
(Bryce Bradley) Y 270,000
Delist:
Effective at the close of business on Friday, December 11, 2009 the
Company's shares will be delisted from TSX Venture Exchange at the request of
the Company, the Company having completed its Qualifying Transaction through
its subscription into the Courtland Private Placement, which was carried out
in conjunction with Courtland's Qualifying Transaction.
Since the Company's shareholders also approved the voluntary dissolution
of the Company, following completion of the delisting of the Company shares,
the Company will be dissolved and all outstanding equity rights of the Company
will be cancelled.
For further information, please see the Company's Management Information
Circular dated November 2, 2009 and its news release dated May 11, 2009, all
as filed on SEDAR, as well as the Exchange Bulletin respecting ForceLogix
Technologies Inc. dated December 9, 2009.
TSX-X
------------------------------------
NAVASOTA RESOURCES LTD. ("NAV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 11, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced December 9, 2009:
Number of Shares: 19,999,998 shares
Purchase Price: $0.15 per share
Number of Placees: 17 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P No. of Shares
Jeffrey Mackie P 200,000
James F. Mackie P 733,300
Brenda Mackie P 666,700
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
------------------------------------
OPEL INTERNATIONAL INC. ("OPL")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: December 11, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of
the following warrants:
Private Placement:
No. of Warrants: 7,500,000
Original Expiry Date of Warrants: December 13, 2009
New Expiry Date of Warrants: December 13, 2011
Exercise Price of Warrants: $1.90
These warrants were issued pursuant to a private placement of 15,000,000
shares with 7,500,000 share purchase warrants attached, which was accepted for
filing by the Exchange effective December 21, 2007.
TSX-X
------------------------------------
ORGANIC RESOURCE MANAGEMENT INC. ("ORI")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: December 11, 2009
TSX Venture Tier 1 Company
The Company is presently trading on the Toronto Stock Exchange and is
delisting at the close of market on December 11, 2009. Effective at the
opening Monday, December 14, 2009, the common shares of the Company will
commence trading on TSX Venture Exchange. The Company is classified as a
'Waste Management and Remedial Services' company.
Corporate Jurisdiction: Canada
Capitalization: Unlimited common shares with no par value of
which
4,404,935 common shares are issued and
outstanding
Escrowed Shares: 0 common shares
Transfer Agent: Equity Transfer & Trust Company
Trading Symbol: ORI
CUSIP Number: 68618L 10 4
For further information, please refer to the Company's public disclosure
documents available on www.sedar.com
Company Contact: Charles Buehler, Chairman and CEO
Company Address: 3700 Steeles Avenue West Suite 601,
Woodbridge, Ontario L4L 8K8
Company Phone Number: (905) 264-7700
Company Fax Number: (905) 264-7273
TSX-X
------------------------------------
OUTLOOK RESOURCES INC. ("OLR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 11, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has accepted for filing
documentation pertaining to a letter agreement (the "Agreement") dated
November 9, 2009, between Outlook Resources Inc. (the "Company"), ERTH
Solutions, Inc. ("ESI") and ERTH Technologies, LLC. Pursuant to the Agreement,
the Company shall acquire the remaining 93% of ESI. This Agreement replaces
and supersedes the original letter agreement (the "Original Agreement") dated
July 2, 2009, as described in the Exchange's July 3, 2009 bulletin. Under the
Original Agreement, the Company has acquired an aggregate of 7% interest of
ESI for US$150,000 and CDN$25,000.
To acquire the remaining interest from ESI, the Company shall pay ESI
US$150,000 and issue an aggregate of 36,000,000 units to the shareholders of
ESI. Each unit will consist of a common share and one common share purchase
warrant. Each warrant is exercisable into one common share at a price of $0.10
per share for a three year period.
For further information, please refer to the Company's press releases
dated September 22, 2009 and November 10, 2009.
TSX-X
------------------------------------
PETRO UNO RESOURCES LTD. ("PUP")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: December 11, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced November 12, 2009:
Number of Shares: 4,000,000 flow-through shares
Purchase Price: $0.50 per share
Number of Placees: 53 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Jordan Kevol Y 70,000
Donald Boykiw Y 50,000
Neil Burrows Y 75,000
Agent's Fee: Blackmont Capital Inc. - $140,000 cash and
280,000 Agent's Options
Each Agent Option is exercisable at a price of
$0.50 per share for a one year period.
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.
TSX-X
------------------------------------
Q-GOLD RESOURCES LTD. ("QGR")
(formerly Q-Gold Resources Ltd. ("QAU"))
BULLETIN TYPE: Consolidation, Symbol Change
BULLETIN DATE: December 11, 2009
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders November 6, 2009, the
Company has consolidated its capital on a 15 old for 1 new basis. The name of
the Company has not been changed.
Effective at the opening Monday, December 14, 2009, the common shares of
Q-Gold Resources Ltd. will commence trading on TSX Venture Exchange on a
consolidated basis. The Company is classified as a 'Gold Mining' company.
Post - Consolidation
Capitalization: unlimited shares with no par value of which
7,730,943 shares are issued and outstanding
Escrow: Nil
Transfer Agent: Equity Transfer and Trust Company
Trading Symbol: QGR (new)
CUSIP Number: 747269 20 7 (new)
TSX-X
------------------------------------
STELMINE CANADA LTD. ("STH")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 11, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of a
Purchase Agreement dated November 3, 2009 between the Company and 6845488
Canada Inc. (9112-3265 Quebec Inc. & Ricky Baril) and 9187-1400 Quebec Inc.
(R. Rousseau & F. Marcotte) (collectively, the "Optionors") whereby the
Company may acquire up to a 100% interest in thirty (30) mining claims
covering 950 hectares located in the Kipawa alkaline complex, 100 kilometers
northeast of North Bay, Ontario.
The Company may acquire an initial 70% interest by paying $60,000, issuing
350,000 shares of common shares and exploration expenditures totaling $100,000
in 12 months. The Company could also acquire the additional 30% interest by
paying $50,000 and issuing 250,000 shares within two years of the signing of
the agreement.
For further information, please refer to the Company's news release dated
November 24, 2009.
TSX-X
------------------------------------
STELMINE CANADA LTD. ("STH")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 11, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of an
Agreement dated October 28, 2009 between the Company and Gemme Manicouagan
Inc. (the "Vendor". Insiders: Mario Bourque, Gilles Bourque and Marcel
Bourque) whereby the Company may acquire a 100% interest in six (6) mining
claims covering 360 hectares distributed into 3 blocs located in the Wakefield
alkaline complex north of Gatineau, Quebec.
The consideration payable to the Vendor is $25,000; the issuance of
300,000 common shares of the Company and exploration expenditures of $100,000
on the property within 12 months following the completion of the agreement.
For further information, please refer to the Company's news release dated
December 3, 2009.
TSX-X
------------------------------------
STROUD RESOURCES LTD. ("SDR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 11, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced November 18, 2009:
Number of Shares: 6,000,000 shares
Purchase Price: $0.05 per share
Warrants: 6,000,000 share purchase warrants to purchase
6,000,000 shares
Warrant Exercise Price: $0.10 for a one year period
Number of Placees: 10 placees
Finder's Fee: an aggregate of $5,250 payable to Wolverton
Securities Ltd. And Wellington West Capital Inc.
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.
TSX-X
------------------------------------
WCB CAPITAL LTD. ("WCB.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 11, 2009
TSX Venture Tier 2 Company
Further to the Company's press release dated December 9, 2009, effective
at the opening Monday, December 14, the common shares of the Company will
resume trading, its proposed Qualifying Transaction having been terminated.
TSX-X
------------------------------------
XCEL CONSOLIDATED LTD. ("XCC")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement, Remain
Suspended
BULLETIN DATE: December 11, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a
Share Purchase Agreement (the "Agreement") between Xpel Consolidated Ltd. (the
"Company") and an arm's length purchaser (the "Purchaser") dated June 29, 2009
whereby the Company has agreed to sell 100% of the shares of its subsidiary
company, Diversified Properties Ltd. (the "Subsidiary"). In consideration, the
Purchaser will pay a total of $120,000 over a period of 24 months with a 5%
per annum interest.
This transaction was announced in the Company's press release dated July
3, 2009.
Further to the Exchange bulletin dated May 11, 2009 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.
TSX-X
------------------------------------
NEX COMPANIES
NOVUS GOLD CORP. ("NOV")
(formerly Novus Gold Corp. ("NOV.H"))
BULLETIN TYPE: Change of Business, Private Placement-Brokered, Graduation
from NEX to TSX Venture, Symbol Change
BULLETIN DATE: December 11, 2009
NEX Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing Novus
Gold Corp.'s (the "Company") Change of Business (the "COB") and related
transactions, all as principally described in its filing statement dated as
November 30, 2009 (the "Filing Statement"). The COB includes the following
matters, all of which have been accepted by the Exchange:
1. $2,650,000 Private Placement - Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced September 24, 2009:
Number of Shares: 13,250,000 shares
Purchase Price: $0.20 per share
Number of Placees: 80 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Pat Robinson & P.
Leigh Sander P 300,000
Peter Brown P 400,000
Matthew H. Cicci P 65,000
Rick Langer P 80,000
Anthony Ostler P 50,000
Junya Huang P 50,000
Mark Hewett P 51,000
Erik Dekker P 51,000
Paul Dipasquale P 100,000
858795 BC Ltd. P 50,000
Robert Sali P 1,000,000
Richard Cohen P 125,000
Robert Klassen P 125,000
Kelly Klatik P 40,000
Steve Isenberg P 50,000
2. Graduation from NEX to TSX Venture, Symbol Change:
The Company has met the requirements to be listed as a TSX Venture Tier 2
Company. Therefore, effective at the opening Monday, December 14, 2009, the
Company's listing will transfer from NEX to TSX Venture, the Company's Tier
classification will change from NEX to Tier 2 and the Filing and Service
Office will change from NEX to Vancouver.
Effective at the opening Monday, December 14, 2009 the trading symbol for
the Company will change from NOV.H to NOV.
The Company is classified as a 'Mining' company.
Capitalization: Unlimited shares with no par value of which
33,585,000 shares are issued and outstanding
Escrowed: 1,288,000 common shares
TSX-X
------------------------------------
For further information: Market Information Services at 1-888-873-8392, or email: [email protected]
Share this article