VANCOUVER, March 4 /CNW/ -
TSX VENTURE COMPANIES BULLETIN TYPE: Cease Trade Order BULLETIN DATE: March 4, 2010 TSX Venture Tier 1 Company A Cease Trade Order has been issued by the Autorité des marchés financiers on March 4, 2010, against the following Company for failing to file the document indicated within the required time period: Period Ending Symbol Company Failure to File (Y/M/D) ("XLT") ExelTech Aerospace Inc. Quarterly Financial 09/12/31 Statements 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 Company during the period of the suspension or until further notice. TYPE DE BULLETIN : Interdiction d'opérations sur valeurs DATE DU BULLETIN : Le 4 mars 2010 Société du groupe 1 de TSX Croissance Une interdiction d'opérations sur valeurs a été émise le 4 mars 2010 par l'Autorité des marchés financiers envers la société suivante pour défaut de déposer le document indiqué dans la période prescrite : Période se terminant Symbole Société Défaut de déposer (A/M/J) ("XLT") ExelTech Aérospatiale inc. États financiers 09/12/31 intermédiaires Suite à l'interdiction d'opérations sur valeurs, la négociation des titres de la société demeurera suspendue jusqu'à ce que la société réponde aux normes de Bourse de croissance TSX. Il est interdit aux membres de transiger les titres de la société durant la période de suspension ou jusqu'à un avis ultérieur. TSX-X ----------------------------- ALIX RESOURCES CORP. ("AIX") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: March 4, 2010 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing an Agreement of Sale dated January 22, 2010 between the Company and Ken Smith whereby the Company has acquired 5 mineral interest applications known as the Pivert / Rose Property located in the James Bay Mining District of Quebec. The aggregate consideration is $50,000 and 2,000,000 common shares. TSX-X ----------------------------- BLING CAPITAL CORP. ("BLI.P") BULLETIN TYPE: Remain Halted BULLETIN DATE: March 4, 2010 TSX Venture Tier 2 Company Further to TSX Venture Exchange Bulletin dated March 4, 2010, effective at 11:00 a.m., PST, March 4, 2010 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 ----------------------------- FIBER OPTIC SYSTEMS TECHNOLOGY, INC. ("FOX") BULLETIN TYPE: Warrant Price Amendment, Warrant Term Extension BULLETIN DATE: March 4, 2010 TSX Venture Tier 2 Company TSX Venture Exchange has consented to the reduction in the exercise price and the extension in the expiry date of the following warrants: Private Placement: No. of Warrants: 5,206,999 Original Expiry Date of Warrants: March 5, 2010 New Expiry Date of Warrants: March 5, 2013 Original Exercise Price of Warrants: $0.50 New Exercise Price of Warrants: 1) $0.10 until March 5, 2011 2) $0.15 from March 6, 2011 until March 5, 2012 3) $0.20 from March 6, 2012 until March 5, 2013 Forced Exercise Provision: If the closing price for the Company's shares is (per above): 1) $0.13 2) $0.20 3) $0.265 or greater for a period of 10 consecutive trading days, then the warrant holders will have 30 days to exercise their warrants; otherwise the warrants will expire on the 31st day. These warrants were issued pursuant to a private placement of 10,414,000 shares with 5,206,999 share purchase warrants attached, which was accepted for filing by the Exchange effective March 25, 2008. TSX-X ----------------------------- LONCOR RESOURCES INC. ("LN") BULLETIN TYPE: Private Placement-Brokered BULLETIN DATE: March 4, 2010 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced February 9, 2010: Number of Shares: 12,166,500 shares Purchase Price: $1.25 per share Warrants: 6,083,250 share purchase warrants to purchase 6,083,250 shares Warrant Exercise Price: $1.45 for a two year period Number of Placees: 20 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares Arnold Kondrat Y 160,000 Kevin Reid P 30,000 David Wargo P 30,000 Simon Village Y 160,000 Agent's Fee: an aggregate of $612,487.50, plus 489,990 compensation options, each exercisable at a price of $1.35 for a period of two years into one common share and one-half of one warrant (exercisable into one share at a price of $1.45 for a period of two years), payable to GMP Securities L.P., CI Capital Markets Inc. and Salman Partners 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). 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 ----------------------------- MBMI RESOURCES INC. ("MBR") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: March 4, 2010 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to the second and final tranche of a Non-Brokered Private Placement announced January 29, 2010: Number of Shares: 1,775,000 shares Purchase Price: $0.20 per share Warrants: 1,775,000 share purchase warrants to purchase 1,775,000 shares Warrant Exercise Price: $0.30 for a three year period Number of Placees: 25 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P No. of Shares Doug Beck P 100,000 Glenn Taggart P 50,000 Finders' Fees: $14,000 cash payable to Keith Wallace 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 ----------------------------- NORTH ATLANTIC RESOURCES LTD. ("NAC") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: March 4, 2010 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 3, 2010: Number of Shares: 8,999,666 shares Purchase Price: $0.15 per share Warrants: 8,999,666 share purchase warrants to purchase 8,999,666 shares Warrant Exercise Price: $0.25 until August 24, 2011 Number of Placees: 24 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares Robert Sali P 800,000 Tracy Dabbs P 160,000 Inderjit Shoker P 33,000 David Lyall P 200,000 Finder's Fee: An aggregate of CDN$94,496 in cash and 809,929 finders' warrants payable to Integral Wealth Securities Limited, Trimark Capital Limited, and Charles and Quinn. Each finder's warrant entitles the holder to acquire one unit at $0.15 until August 24, 2011. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term. For further details, please refer to the Company's news release dated February 25, 2010. TSX-X ----------------------------- PARK LAWN INCOME TRUST ("PLC.UN") BULLETIN TYPE: Resume Trading BULLETIN DATE: March 4, 2010 TSX Venture Tier 1 Company Effective at 8:30 a.m. PST, March 4, 2010, shares of the Company resumed trading, an announcement having been made over StockWatch. TSX-X ----------------------------- PELE MOUNTAIN RESOURCES INC. ("GEM") BULLETIN TYPE: Halt BULLETIN DATE: March 4, 2010 TSX Venture Tier 2 Company Effective at 6:28 a.m. PST, March 4, 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 ----------------------------- PELE MOUNTAIN RESOURCES INC. ("GEM") BULLETIN TYPE: Resume Trading BULLETIN DATE: March 4, 2010 TSX Venture Tier 2 Company Effective at 8:30 a.m. PST, March 4, 2010, shares of the Company resumed trading, an announcement having been made over Marketwire. TSX-X ----------------------------- RAINY MOUNTAIN ROYALTY CORP. ("RMO") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: March 4, 2010 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 24, 2009 and November 10, 2009: Number of Shares: 3,750,000 shares Purchase Price: $0.10 per share Number of Placees: 1 placee 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). TSX-X ----------------------------- RICHARDS OIL & GAS LIMITED ("RIX") BULLETIN TYPE: Halt BULLETIN DATE: March 4, 2010 TSX Venture Tier 2 Company Effective at 8:47 a.m. PST, March 4, 2010, trading in the shares of the Company was halted for failure to maintain a transfer agent; 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 ----------------------------- ROUTE1 INC. ("ROI") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: March 4, 2010 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 26, 2010: Number of Shares: 38,000,000 shares Purchase Price: $0.05 per share Warrants: 38,000,000 share purchase warrants to purchase 38,000,000 shares Warrant Exercise Price: $0.15 for a five year period Number of Placees: 20 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares Tony Busseri Y 400,000 Peter Chodos Y 500,000 Michael Doolan Y 1,000,000 Graham Saunders P 1,000,000 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). TSX-X ----------------------------- SHOREHAM RESOURCES LTD. ("SMH") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: March 4, 2010 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for expedited filing documentation pertaining to a property option agreement dated August 15, 2009 between Shoreham Resources Ltd. (the 'Company') and Case Development Company Ltd. (Frederick Hamley Case), and subsequently amended on March 4, 2010, pursuant to which the Company has an option to acquire a 100% interest in 14 medium scale property permits located in north-western Guyana, known as the Five Star Gold Property. The total consideration consists of US$85,000 in cash payments, 400,000 shares of the Company, and US$20,000 in permit renewal fees as follows: DATE CASH SHARES OTHER COMMITMENTS Year 1 US$25,000 175,000 US$20,000 permit renewal fee Year 2 US$20,000 75,000 Year 3 US$20,000 75,000 Year 4 US$20,000 75,000 In addition, there is a 3% net smelter return relating to the acquisition. The Company may, at any time prior to the commencement of commercial production, purchase 3% of the net smelter return for USD$3,000,000 in order to reduce the total net smelter return to 0%, representing US$1,000,000 for each percentage point of the royalty. A finder's fee of US$5,000 and 40,000 shares is payable to Dominik O'Sullivan (20,000 shares in Year 2, and 20,000 shares and US$5,000 in Year 4). TSX-X ----------------------------- SOLITAIRE MINERALS CORP. ("SLT") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: March 4, 2010 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for expedited filing documentation pertaining to a Mineral Property Option Agreement dated February 1, 2010 between Ken Smith and Solitaire Minerals Corp. (the 'Company'), pursuant to which the Company has an option to acquire a 100% undivided interest in 13 claims totaling 13,331 acres in northwestern British Columbia, known as the Summit Lake "C" Project. Total consideration consists of $20,000 in cash payments and 1,000,000 shares of the Company as follows: DATE CASH SHARES CUMULATIVE WORK EXPENDITURES Year 1 $20,000 250,000 nil Year 2 nil 250,000 nil Year 3 nil 500,000 nil In addition, there is a 2% net smelter return relating to the acquisition. The Company may, at any time up to a production decision, purchase 1% of the net smelter return for $1,000,000. TSX-X ----------------------------- TASMAN METALS LTD. ("TSM") BULLETIN TYPE: Halt BULLETIN DATE: March 4, 2010 TSX Venture Tier 2 Company Effective at 6:03 a.m. PST, March 4, 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 ----------------------------- TASMAN METALS LTD. ("TSM") BULLETIN TYPE: Resume Trading BULLETIN DATE: March 4, 2010 TSX Venture Tier 2 Company Effective at 11:30 a.m. PST, March 4, 2010, shares of the Company resumed trading, an announcement having been made over Canada News Wire. TSX-X ----------------------------- THE SKOR FOOD GROUP INC. ("SKF") BULLETIN TYPE: Consolidation, Stock Split BULLETIN DATE: March 4, 2010 TSX Venture Tier 1 Company Effective at the opening, March 5, 2010, the CUSIP Number of the Company will change to 83081L200; however the name and symbol will not change. Pursuant to a special resolution passed by shareholders February 25, 2010, the Exchange has accepted for filing documentation relating to the Company's Small Shareholder Consolidation Program. Under the terms of the program, the Company will eliminate all of the registered shareholdings of less than 100 shares in exchange for a cash payment. This will be completed by a share consolidation on a 1 for 100 basis followed by a share split on a 100 for 1 basis. Transfer Agent: Equity Transfer & Trust Company Trading Symbol: SKF (unchanged) CUSIP Number: 83081L 20 0 (new) For further information, please refer to the Company's Information Circular dated January 20, 2010 and news release dated January 22, 2010. TSX-X ----------------------------- TOVA VENTURES INC. ("TOV.P") BULLETIN TYPE: Regional Office Change BULLETIN DATE: March 4, 2010 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 Vancouver to Toronto. TSX-X ----------------------------- TRINCAN CAPITAL CORP. ("TRN.P") BULLETIN TYPE: Halt BULLETIN DATE: March 4, 2010 TSX Venture Tier 2 Company Effective at the opening, March 4, 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 ----------------------------- TRINCAN CAPITAL CORP. ("TRN.P") BULLETIN TYPE: Remain Halted BULLETIN DATE: March 4, 2010 TSX Venture Tier 2 Company Further to TSX Venture Exchange Bulletin dated March 4, 2010, effective at 7:29 a.m. PST, March 4, 2010 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 ----------------------------- YALETOWN CAPITAL CORP. ("YCC.P") BULLETIN TYPE: Remain Halted BULLETIN DATE: March 4, 2010 TSX Venture Tier 2 Company Further to TSX Venture Exchange Bulletin dated November 13, 2009, effective at 7:51 a.m. PST, March 4, 2010 trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the new Qualifying Transaction pursuant to Listings Policy 2.4 as per news release dated March 4, 2010. TSX-X ----------------------------- NEX COMPANIES BULLETIN TYPE: Cease Trade Order BULLETIN DATE: March 4, 2010 NEX Company A Cease Trade Order has been issued by the Autorité des marchés financiers on March 4, 2010, against the following Company for failing to file the document indicated within the required time period: Period Ending Symbol Company Failure to File (Y/M/D) ("FRV.H") FRV Media Inc. Annual Financial 09/10/31 Statements 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 Company during the period of the suspension or until further notice. TYPE DE BULLETIN : Interdiction d'opérations sur valeurs DATE DU BULLETIN : Le 4 mars 2010 Société NEX Une interdiction d'opérations sur valeurs a été émise le 4 mars 2010 par l'Autorité des marchés financiers envers la société suivante pour défaut de déposer le document indiqué dans la période prescrite : Période se terminant Symbole Société Défaut de déposer (A/M/J) ("FRV.H") FRV Media inc. États financiers annuels 09/10/31 Suite à l'interdiction d'opérations sur valeurs, la négociation des titres de la société demeurera suspendue jusqu'à ce que la société réponde aux normes de Bourse de croissance TSX. Il est interdit aux membres de transiger les titres de la société durant la période de suspension ou jusqu'à un avis ultérieur. TSX-X -----------------------------
For further information: Market Information Services at 1-888-873-8392, or email: [email protected]
Share this article