VANCOUVER, Feb. 22 /CNW/ -
TSX VENTURE COMPANIES
ALTACANADA ENERGY CORP. ("ANG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 22, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement of non-convertible debentures with attached
warrants announced December 31, 2009:
Non-Convertible
Debentures: $3,250,000
Maturity Date: December 31, 2011
Warrants: 2,000,000 share purchase warrants to purchase
2,000,000 shares
Warrant Exercise
Price/Term: $0.10 expiring on December 31, 2011
Number of Placees: 2 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ Debenture Warrants
ANG Partners, Ltd.
(James Collins) Y $1,625,000 1,000,000
No Finder's Fee
TSX-X
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BELMONT RESOURCES INC. ("BEA")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 22, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation in connection
with a Property Option Agreement dated February 15, 2010 between the Company
and Karl Bjorkman whereby the Company has been granted an option to acquire a
100% interest in the Lumby/Bufo Lake Property Claim block located in the
Richardson Lake Township and the Norway Lake Township, Ontario. The aggregate
consideration is $115,000, 550,000 common shares and $220,000 in exploration
expenditures over a three year period. The property is subject to a 3% NSR of
which the Company may purchase 1% for $1,000,000 subject to further Exchange
review and acceptance.
Raymond A. Bernatchez will receive an 8% finder's fee payable as follows:
- 7,900 common shares and $1,196 within 10 days of Exchange approval;
- 7,900 common shares and $1,564 within one year of approval date;
- 11,900 common shares and $2,392 within two years of approval date;
and
- 16,300 common shares and $4,048 within three years of approval date.
TSX-X
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BLACKSTEEL ENERGY INC. ("BEY")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 22, 2010
TSX Venture Tier 2 Company
Effective at the opening, February 22, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.
TSX-X
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CANOEL INTERNATIONAL ENERGY LTD. ("CIL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 22, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced January 20 and February 4, 2010:
Number of Shares: 3,545,000 Units
(Each Unit consists of one common share, one-
half of a 1-year share purchase warrant, and
one-half of a 2-year share purchase warrant.)
Purchase Price: $0.17 per Unit
Warrants: 1,772,500 1-year share purchase warrants to
purchase 1,772,500 shares
1,772,500 2-year share purchase warrants to
purchase 1,772,500 shares
Warrant Exercise Price: 1-year warrants: $0.30 for a period of one year
2-year warrants: $0.40 for a period of two years
Number of Placees: 10 placees
No Insider/Pro Group Participation
Finder's Fee: 354,500 common shares at a deemed price of $0.17
per share payable to Global Business Partners
AG.
TSX-X
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CHALLENGER DEVELOPMENT CORP. ("CDQ")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 22, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. has accepted for filing documentation in
connection with an amended and restated option agreement (the "Agreement")
between Challenger Development Corp. (the "Company") and Musadik Mohamed Ally
("MMA") and Najua Kassira ("NK") (collectively, the "Optionors") dated for
reference January 20, 2010 under which the Optionors have granted the Company
an option (the "Option") to acquire a 70% interest in certain gold claims
known as the Buziba-Busolwa Claims located approximately 100km south west of
Mwanza in Tanzania. MMA and NK will be the registered and beneficial owner of
100% of the issued and outstanding capital stock of Harbour Green Investments
Limited ("Harbour Green"), a company incorporated under the laws of the
British Virgin Islands, which company may incorporate and wholly own a private
company ("Tanzco") under the laws of Tanzania, to hold the Buziba-Busolwa
Claims. MMA and NK have agreed to grant to the Company an option (the
"Option") to, at the sole discretion of the Company, a 70% interest directly
in the Buziba-Busolwa Claims or a 70% equity interest of Tanzco equal to 70%
of all issued and outstanding common shares of Tanzco.
In order to earn the Option, the Company must:
1. make a cash payment of $350,000 to the Optionors within five business
days of the date of this Bulletin;
2. incur exploration expenditures on the Buziba-Busolwa Claims in the
aggregate amount of $1,500,000 as to $300,000 on or before
November 30, 2010, as to $500,000 on or before November 30, 2011 and
as to $700,000 on or before November 30, 2012; and
3. issue 2,000,000 common shares of the Company to the Optionors on or
before the earlier of the earlier of November 30, 2010 or five
business days of the date of this Bulletin.
For further information see the Company's news release dated November 17,
2009 which is available under the Company's profile on SEDAR.
TSX-X
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DISENCO ENERGY PLC ("DIS")
BULLETIN TYPE: Suspend-Failure to Maintain a Transfer Agent
BULLETIN DATE: February 22, 2010
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated February 10, 2010,
effective at the opening Tuesday, February 23, 2010, trading in the shares of
the Company will be suspended, the Company having failed to maintain the
services of a transfer agent in accordance with Policy 3.1.
Members are prohibited from trading in the securities of the Company
during the period of the suspension or until further notice.
TSX-X
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GEM INTERNATIONAL RESOURCES INC. ("GI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 22, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced September 16 and September 28,
2009:
Number of Shares: 3,250,000 shares
Purchase Price: $0.10 per share
Warrants: 3,250,000 share purchase warrants to purchase
3,250,000 shares
Warrant Exercise Price: $0.27 for a five year period
Number of Placees: 15 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Yvonne Yeung Y 50,000
Anthony Chow P 50,000
Andrew T. Baird P 25,000
0755892 B.C. Ltd.
(Brad Wait) P 150,000
Finder's Fee: $28,600 cash payable to Li Wei
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
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KIVALLIQ ENERGY CORPORATION ("KIV")
BULLETIN TYPE: Private Placement-Non-Brokered, Correction
BULLETIN DATE: February 22, 2010
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletins dated February 16, 2010 and
February 18, 2010 with respect to the private placement of 10,000,000 units at
a price of $0.20 per unit, the following Insider should have been identified:
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Charles Chebry Y 50,000
TSX-X
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MONEDA RESOURCES LIMITED ("PXK.P")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: February 22, 2010
TSX Venture Tier 2 Company
Further to the Exchange's Bulletins of November 3, 2008 and March 6, 2009
and the Company's press release of October 7, 2009, the Company which is a
Capital Pool Company ('CPC') is required to complete a Qualifying Transaction
('QT') by March 22, 2010.
The records of the Exchange indicate that the Company has not yet
completed a QT. If the Company fails to complete a QT by March 22, 2010, the
Company's trading status may be changed to a halt or suspension without
further notice, in accordance with Exchange Policy 2.4 Section 14.6.
TSX-X
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NATCORE TECHNOLOGY INC. ("NXT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 22, 2010
TSX Venture Tier 2 Company
Effective at the opening, February 22, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.
TSX-X
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NSTEIN TECHNOLOGIES INC. ("EIN")
BULLETIN TYPE: Halt
BULLETIN DATE: February 22, 2010
TSX Venture Tier 1 Company
Effective at the opening, February 22, 2010, 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
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NSTEIN TECHNOLOGIES INC. ("EIN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 22, 2010
TSX Venture Tier 1 Company
Effective at 7:30 a.m. PST, February 22, 2010, shares of the Company
resumed trading, an announcement having been made over StockWatch.
TSX-X
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ROLLING ROCK RESOURCES CORPORATION ("RLL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 22, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced January 6, 2010 and January 11,
2010:
Number of Shares: 6,000,000 shares
Purchase Price: $0.20 per share
Warrants: 6,000,000 share purchase warrants to purchase
6,000,000 shares
Warrant Exercise Price: $0.30 for a two year period
Number of Placees: 16 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Pinetree Resource
Partnership Y 1,500,000
Vito Rizzuto P 75,000
Mega Precious Metals
Inc. Y 1,900,000
Scott Angus Y 150,000
Ian MacLean Y 125,000
Michael Mansfield P 100,000
Finder's Fee: PowerOne Capital markets Limited receives
472,000 and 600,000 non-transferable finder's
options, each exercisable at a price of $0.20
for a 24 month period for one unit with the same
terms as the above private placement.
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
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SILVERMEX RESOURCES LTD. ("SMR")
BULLETIN TYPE: Private Placement-Non-Brokered, Private Placement-Brokered
BULLETIN DATE: February 22, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered and Brokered Private Placement announced February 2, 1010 and
February 8, 2010:
Number of Shares: 15,335,680 shares
Purchase Price: $0.45 per share
Warrants: 15,335,680 share purchase warrants to purchase
15,335,680 shares
Warrant Exercise Price: $0.65 for a two year period
Number of Placees: 76 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Michael H. Callahan Y 225,000
Arthur Brown Y 100,000
Kenneth McNaughton Y 100,000
Finders' Fees: Canaccord Financial Ltd. receives 360,000 units
with the same terms as the above private
placement, 50,000 corporate finance units with
the same terms as the above private placement
and 360,000 non-transferable warrants, each
exercisable at a price of $0.45 for two years
for one unit with the same terms as the above
private placement.
Global Hunter Securities LLC receives $246,260
and 50,000 corporate finance units with the same
terms as the above private placement and 547,244
non-transferable warrants, each exercisable at a
price of $0.45 for two years for one unit with
the same terms as the above private placement.
Scarsdale Equities LLC receives $21,600 and
48,000 non-transferable warrants, each
exercisable at a price of $0.45 for two years
for one unit with the same terms as the above
private placement.
Axiom Capital Management Inc. receives $18,003
and 40,000 non-transferable warrants, each
exercisable at a price of $0.45 for two years
for one unit with the same terms as the above
private placement.
Jason Leikam receives $24,120
Trey Wasser receives $7,200
Mackie Research Capital Corporation receives
$3,600 and 8,000 non-transferable warrants, each
exercisable at a price of $0.45 for two years
for one unit with the same terms as the above
private placement.
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
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TITAN TRADING ANALYTICS INC. ("TTA")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: February 22, 2010
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: 1,000,000
Original Expiry Date of Warrants: March 6, 2010
New Expiry Date of Warrants: March 6, 2011
Exercise Price of Warrants: $0.35 (Unchanged)
These warrants were issued pursuant to a private placement of 2,000,000
shares with 1,000,000 share purchase warrants attached, which was accepted for
filing by the Exchange effective March 7, 2008.
TSX-X
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WEST HAWK DEVELOPMENT CORP. ("WHD")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 22, 2010
TSX Venture Tier 2 Company
Effective at 9:30 a.m. PST, February 22, 2010, shares of the Company
resumed trading, transfer agent services having been reinstated.
TSX-X
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ZINCCORP RESOURCES INC. ("ZN")
BULLETIN TYPE: Private Placement-Non-Brokered, Correction
BULLETIN DATE: February 22, 2010
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletin dated February 19, 2010 with
respect to a private placement of 6,000,000 flow-through units at a price of
$0.085 per unit, Michael Potter has been incorrectly identified as an Insider
of the Company.
TSX-X
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NEX COMPANIES
LEGION RESOURCES CORP. ("LR.H")
(formerly International Kirkland Minerals Inc. ("IKI.H"))
BULLETIN TYPE: Name Change and Consolidation, Correction
BULLETIN DATE: February 22, 2010
NEX Company
CORRECTION:
Further to the TSX Venture Exchange Bulletin dated February 22, 2010, the
Bulletin should have read in part as follows:
Trading Symbol: LR.H (new)
CUSIP Number: 524670 10 6 (new)
TSX-X
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LEGION RESOURCES CORP. ("LR.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 22, 2010
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced December 30, 2009:
Number of Shares: 30,000,000 shares
Purchase Price: $0.05 per share
Warrants: 30,000,000 share purchase warrants to purchase
30,000,000 shares
Warrant Exercise Price: $0.10 for a one year period
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Colin Rothery P 1,500,000
Rick Langer P 250,000
Dennis Hoesgen P 100,000
Eric Hoesgen P 100,000
Cameron Currie P 1,000,000
Colleen Grey-Hewett P 100,000
Erik Dekker P 100,000
Joanne Brown P 500,000
Peter M. Brown P 500,000
Jarek Matysiak P 400,000
Finder's Fee: 2,974,500 shares payable to Larry Aligizakis
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
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PEBERCAN INC. ("PBC.H")
BULLETIN TYPE: MISCELLANEOUS
BULLETIN DATE: February 22, 2010
NEX Company
Pursuant to the Plan of Arrangement subject to the Superior Court
(district of Montreal, province of Quebec), the Issuer will make the following
first distribution:
Distribution per Share: up to a maximum of $1.01
Payable Date: March 5, 2010
Record Date: March 2, 2010
Ex-Dividend Date: February 26, 2010
TSX-X
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PETROCORP GROUP INC. ("PCG.H")
BULLETIN TYPE: Halt
BULLETIN DATE: February 22, 2010
NEX Company
Effective at 9:29 a.m. PST, February 22, 2010, 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
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PETROCORP GROUP INC. ("PCG.H")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 22, 2010
NEX Company
Effective at 11:30 a.m. PST, February 22, 2010, shares of the Company
resumed trading, an announcement having been made over StockWatch.
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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