VANCOUVER, March 8 /CNW/ -
TSX VENTURE COMPANIES
99 CAPITAL CORPORATION ("WDG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. has accepted for filing documentation in
connection with mineral property acquisition agreement (the "Agreement") among
99 Capital Corporation (the "Company") and 2157101 Ontario Inc., Steve
Anderson, Larry Salo, John Rapski, Kidridge Capital (collectively, the
"Vendors") dated February 1, 2010 under which the Vendors have agreed to sell
100% of their right, title, and interest in and to the Skead Twp Claim Group.
Pursuant to the Agreement the Company must, upon closing:
1. pay $40,000 to the Vendors;
2. issue 4,000,000 common shares to the Vendors; and
3. issue 2,000,000 share purchase warrants (the "Warrants") to the
Vendors. Each Warrant will entitle the holder to purchase a further
common share of the Company at a price of $0.20 per share for a
period of two years from the date of closing.
In addition, under the Agreement the Company has granted the Vendors a 2%
Net Smelter Royalty and the Company has the right of first refusal to purchase
the Net Smelter Royalty.
In connection with the transaction the Company has agreed to issue 200,000
common shares as a finder's fee to an arm's length finder being Richard Macey.
Upon closing the Company will issue a new release announcing the closing
of the above transaction and setting out the expiry dates of the hold periods
attaching to the shares issued.
For further information see the Company's news release dated February 17,
2010 which is available under the Company's profile on SEDAR.
TSX-X
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ALIX RESOURCES CORP. ("AIX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation in connection
with an Option Agreement dated February 8, 2010 between the Company and Beau
T. Hansen whereby the Company has been granted an option to acquire a 100%
interest in and to the Money Rock Property (part of the Money Rock Claims)
located in the Pogo area of the Goodpaster Mining District in the State of
Alaska. Consideration is US$2,720 for reimbursement of 2010 annual rental
payment, $245,000 payable over a six year period and a total of 280,000 common
shares of which 180,000 is payable in tranches over a three year period and
100,000 common shares payable in the sixth year. The agreement is subject to a
2.5% net smelter return royalty that is payable to Hansen of which the Company
may purchase 1% for $1,000,000 subject to further Exchange review and
acceptance.
TSX-X
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AMSECO EXPLORATION LTD. ("AEL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to
a Property Acquisition Agreement dated March 2, 2010, whereby the Company may
acquire a 50% interest in 437 claims located in the Urban and Barry Townships,
near Lebel-sur-Quevillon, in the province of Québec.
In order to obtain the 50% interest, the Company is required to issue
1,250,000 common shares, within the first year upon signing and carry-out
$1,980,000 in exploration work ($400,000 within the first year upon signing).
The Vendors will retain a 2% Net Smelter Royalty which may be repurchased
for a sum of $1,000,000.
For further information, please refer to the Company's press release dated
March 4, 2010.
EXPLORATION AMSECO LTÉE ("AEL")
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 8 mars 2010
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents relativement à
une convention d'achat de propriété datée du 2 mars 2010, selon laquelle la
société peut acquérir un intérêt de 50 % dans 437 claims situés dans les
cantons de "Urban" et "Barry", près de Lebel-sur-Quevillon dans la province du
Québec.
Afin d'acquérir 50 % de l'intérêt, la société doit émettre 1 250 000
actions pendant la première année suite à la signature doit ainsi effectuer 1
980 000 $ en travaux d'exploration (400 000 $ pendant la première année lors
de la signature).
Les vendeurs conserveront une royauté "NSR" de 2 % qui peut-être rachetée
pour une somme de 1 000 000 $.
Pour plus d'information, veuillez vous référer au communiqué de presse
émis par la société le 4 mars 2010.
TSX-X
-------------------------------
ANGLO SWISS RESOURCES INC. ("ASW")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 8, 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: 4,285,715 shares
Purchase Price: $0.35 per share
Warrants: 2,142,857 share purchase warrants to purchase
2,142,857 shares
Warrant Exercise Price: $0.50 for a one year period
Number of Placees: 11 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Janice Prange P 29,600
Agent's Fee: Kingsdale Capital markets will receive a
finder's fee of $75,000 and 214,286 Agent's
Options that are exercisable into 214,286 units
at a price of $0.35 per unit. The units have the
same terms as the offering.
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
-------------------------------
BOE CAPITAL CORP. ("BOC.P")
BULLETIN TYPE: Halt
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
Effective at 6:07 a.m. PST, March 8, 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
-------------------------------
BOE CAPITAL CORP. ("BOC.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated March 8, 2010, effective at
7:52 a.m. PST, March 8, 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
-------------------------------
BRS Ventures Ltd. ("BRV.P")
BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction
within 24 months of Listing
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated February 4, 2010,
effective at the opening Tuesday, March 9, 2010, trading in the shares of the
Company will be suspended, the Company having failed to complete a Qualifying
Transaction within 24 months of its listing.
Members are prohibited from trading in the securities of the Company
during the period of the suspension or until further notice.
TSX-X
-------------------------------
CAMEX ENERGY CORP. ("CXE")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated February 4, 2010, effective
March 8, 2010, trading in the shares of the Company will remain halted pending
receipt and review of acceptable documentation regarding the Reverse Takeover
pursuant to Listings Policy 5.2.
TSX-X
-------------------------------
CAPRICORN BUSINESS ACQUISITIONS INC. ("CAK.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Prospectus dated December 29, 2009 has
been filed with and accepted by TSX Venture Exchange and the Alberta, British
Columbia, and Ontario Securities Commissions effective December 30, 2009
pursuant to the provisions of the Alberta, British Columbia, and Ontario
Securities Acts. The common shares (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
$574,440 (5,744,400 Common Shares at $0.10 per share).
Commence Date: At the opening Tuesday, March 9, 2010 the Common
Shares will commence trading on TSX Venture
Exchange.
Corporate Jurisdiction: Ontario
Capitalization: Unlimited Common Shares with no par value of
which
8,644,400 Common Shares are issued and
outstanding
Escrowed Shares: 2,900,000 Common Shares
Transfer Agent: Olympia Transfer Services Inc.
Trading Symbol: CAK.P
CUSIP Number: 14069F 10 5
Sponsoring Member: Leede Financial Markets Inc.
Agent's Options: 574,440 non-transferable stock options. One
option to purchase one share at $0.10 per share
up to March 9, 2012.
For further information, please refer to the Company's Prospectus dated
December 29, 2009.
Company Contact: Yvan Routhier
President and Chief Executive Officer
Company Address: 95 Wellington Street West, Suite 1200
Toronto, Ontario M5J 2Z9
Company Phone Number: (514) 352-5546
Company Fax Number: (416) 941-8852
Seeking QT primarily in the Mining sector.
TSX-X
-------------------------------
CAPSTOCK FINANCIAL INC. ("CPK.P")
BULLETIN TYPE: Halt
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
Effective at 6:06 a.m. PST, March 8, 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
-------------------------------
CAPSTOCK FINANCIAL INC. ("CPK.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated March 8, 2010, effective at
12:10 p.m. PST, March 8, 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
-------------------------------
CARBON FRIENDLY SOLUTIONS INC. ("CFQ")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 2,000,000 share purchase warrants to Green River Log Sales Ltd., a
company affiliated with 0733403 B.C. Ltd., in relation to a venture between
the two companies as described in the news release dated February 4, 2010. The
warrants are exercisable at $0.40 per share for a three year period. The
warrants will vest according to the following criteria:
(i) an aggregate of an initial 500,000 of the Warrants will become
immediately exercisable by TCG upon the attainment by PBI during
the Warrant Exercise Term of an aggregate of not less than $500,000
in gross profits (the "Gross Profits" - defined as total revenues
during that period less the costs of all products sold by the
Company in connection with said revenues);
(ii) an aggregate of a further 500,000 of the Warrants will become
immediately exercisable by TCG upon the attainment by PBI during
the Warrant Exercise Term of an aggregate of not less than
$1,000,000 in Gross Profits;
(iii) an aggregate of a further 500,000 of the Warrants will become
immediately exercisable by TCG upon the attainment by PBI during
the Warrant Exercise Term of an aggregate of not less than
$1,500,000 in Gross Profits; and
(iv) an aggregate of the final 500,000 of the Warrants will become
immediately exercisable by TCG upon the attainment by PBI during
the Warrant Exercise Term of an aggregate of not less than
$2,000,000 in Gross Profits.
Insider/Pro Group Participation: N/A
The Company shall issue a news release when the warrants are issued.
TSX-X
-------------------------------
CRITICAL CAPITAL CORPORATION ("CQZ.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Prospectus dated November 25, 2009 has
been filed with and accepted by TSX Venture Exchange and the Alberta and
British Columbia Securities Commissions effective November 30, 2009, pursuant
to the provisions of the Alberta and British Columbia 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
$250,000 (2,500,000 common shares at $0.10 per share).
Commence Date: At the opening Tuesday, March 9, 2010, the
Common shares will commence trading on TSX
Venture Exchange.
Corporate Jurisdiction: British Columbia
Capitalization: unlimited common shares with no par value of
which
4,500,000 common shares are issued and
outstanding
Escrowed Shares: 2,000,000 common shares
Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: CQZ.P
CUSIP Number: 226750 10 7
Sponsoring Member: Raymond James Ltd.
Agent's Options: 200,000 non-transferable stock options. One
option to purchase one share at $0.10 per share
up to 24 months.
For further information, please refer to the Company's Prospectus dated
November 25, 2009.
Company contact: David Smalley
Company address: 1200 - 999 West Hastings Street
Vancouver, BC V6C 2W2
Phone: (604) 669-5244
Fax: (604) 669-5791
Email: [email protected]
Seeking QT primarily in these sectors: mineral resources
TSX-X
-------------------------------
DIGIFONICA INTERNATIONAL INC. ("DIL")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 866,031 shares to settle outstanding debt for $86,603.10.
Number of Creditors: 1 Creditor
The Company shall issue a news release when the shares are issued and the
debt extinguished.
TSX-X
-------------------------------
EL TIGRE SILVER CORP. ("ELS")
(formerly Herdron Capital Corp. ("HDC.P"))
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Private
Placement-Non-Brokered, Name Change, Resume Trading
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange (the 'Exchange') has accepted for filing Herdron
Capital Corp.'s (the 'Company' or 'Herdron') Qualifying Transaction (the 'QT')
and related transactions, all as principally described in its filing statement
dated January 28, 2010 (the 'Filing Statement'). As a result, effective at the
opening Tuesday, March 9, 2010, the Company will no longer be considered a
Capital Pool Company. The QT includes the following matters, all of which have
been accepted by the Exchange:
1. Acquisition of Pacemaker Silver Mining S.A. de C.V.:
On September 16, 2008 the Company announced that it had entered into a
binding letter of intent with Pacemaker Silver Mining S.A. de C.V.
("Pacemaker" or "Target") to which the Company agreed to acquire all of the
issued and outstanding shares of Pacemaker. Subsequently a formal share
exchange agreement dated January 28, 2010 (the "Agreement") was entered into
among the Company, Pacemaker and Pacemaker shareholders wherein the Company
has agreed to acquire all of the issued and outstanding share capital of
Pacemaker in exchange for 11,500,000 common shares of the Company.
Target's Principal Asset: The El Tigre Property (the "Property")
On June 24, 2008, Pacemaker entered into the El Tigre Acquisition
Agreement (the "El Tigre Agreement") with three arms length individuals (the
"Vendors") pursuant to which Pacemaker agreed to acquire an undivided 100%
interest in the El Tigre Property located in Mexico. The El Tigre Property
consists of four exploration concessions with first rights over approximately
312 hectares.
Pursuant to the terms of the El Tigre Agreement, Pacemaker acquired a 100%
interest in the El Tigre Property on June 24, 2008 by issuing an aggregate of
150 common shares of Pacemaker to the Vendors.
Pacemaker has incurred approximately $118,110 of expenditures on the
Property since acquiring it in 2008.
Finder's Fee: A finder's fee of 100,000 common shares of the
Company is payable to Robert Papirnick in
connection with the QT. Papirnick is a proposed
director of the Resulting Issuer and as such
these shares will be subject to Escrow. At the
time the Agreement was signed Papirnick was
independent of both the Company and Pacemaker.
Insider/Pro Group Participation: None. At the time the Agreement was
entered into the Company was at arm's length to Pacemaker and the Vendors.
The Exchange has been advised that the above transactions, which did not
require shareholder approval of the Company, have been completed. For
additional information, refer to the Filing Statement, which has been accepted
for filing by the Exchange.
In addition, the Exchange has accepted for filing the following:
2. Private Placement-Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced July 13, 2009:
Number of Shares: 4,286,139 shares
Purchase Price: $0.35 per share
Warrants: 4,286,139 share purchase warrants to purchase
4,286,139 shares
Warrant Exercise Price: $0.45 for a one year period
$0.60 in the second year
Number of Placees: 32 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Stuart R. Ross Y 8,570
Finders' Fees: John Ross - $24,850.00
Dave Dougherty - $1,750.00
Joel Warrawa - $1,750.00
Canaccord Financial Ltd. - $7,693.00 and 21,980
warrants that are exercisable into common shares
at $0.45 per share in the first year and at
$0.60 per share in the second year.
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.
3. Name Change & Resume Trading:
Pursuant to a resolution passed by directors June 8, 2009, the Company has
changed its name as follows:
Effective at the opening Tuesday, March 9, 2010, the common shares of El
Tigre Silver Corp. will commence trading on TSX Venture Exchange, and the
common shares of Herdron Capital Corp. will be delisted. The Company is
classified as a 'Mineral Exploration' company. There is no consolidation of
capital.
Capitalization: Unlimited common shares with no par value of
which
22,286,139 common shares are issued and
outstanding
Escrow: 14,031,000 common shares are subject to 36 month
staged release escrow
Transfer Agent: Computershare Trust Company of Canada
Trading Symbol: ELS (new)
CUSIP Number: 28405R 10 2 (new)
Company Contact: Stuart R. Ross
Company Address: 1207 - 409 Granville Street
Vancouver, BC V6C 1T2
Company Phone Number: (780) 977-7187
Company Fax Number: (604) 689-4933
TSX-X
-------------------------------
EMERALD BAY ENERGY INC. ("EBY")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a
Stock Purchase Agreement dated March 1, 2010 between Emerald Bay Energy Inc.
(the 'Company') and the shareholders ('Shareholders') of Production Resources,
Inc. ('PRI') wherein the Company has agreed to acquire a 50% interest in PRI.
In consideration, the Company has agreed to issue to the Shareholders a total
of US$425,000 in cash and 5,000,000 common shares at a deemed price of $0.08
per share.
This acquisition was announced in the Company's news release dated March
4, 2010.
TSX-X
-------------------------------
GOGOLD RESOURCES INC. ("GGD.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated March 5, 2010, effective at
7:07 a.m. PST, March 8, 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
-------------------------------
HARMONY GOLD CORP. ("H")
BULLETIN TYPE: Change of Business, Private Placement-Non-Brokered,
Graduation from NEX to TSX Venture, Symbol Change, Correction
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated March 5, 2010, the
number of issued and outstanding securities, including the private placement,
is 28,921,502.
TSX-X
-------------------------------
HUNT MINING CORP. ("HMX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has accepted for filing the Asset
Transfer Agreement (the "Agreement") between the Company and a non-Arms Length
creditor (the "Creditor") pursuant to which the Company will pay out a
substantial portion of the loan outstanding in the amount of $700,000USD. In
consideration, the Company will pay the Creditor USD$679,000 cash.
This transaction was announced in the Company's press release dated March
8, 2010.
TSX-X
-------------------------------
LUCKY STRIKE RESOURCES LTD. ("LKY")
BULLETIN TYPE: Consolidation
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders February 5, 2010,
the Company has consolidated its capital on a ten (10) old for one (1) new
basis. The name of the Company has not been changed.
Effective at the opening Tuesday, March 9, 2010, the common shares of
Lucky Strike Resources Ltd. will commence trading on TSX Venture Exchange on a
consolidated basis. The Company is classified as a 'Mineral
Exploration/Development' company.
Post - Consolidation
Capitalization: Unlimited shares with no par value of which
2,404,335 shares are issued and outstanding
Escrow: Nil shares are subject to escrow
Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: LKY (unchanged)
CUSIP Number: 549581 20 5 (new)
TSX-X
-------------------------------
MINAEAN INTERNATIONAL CORP. ("MIB")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 200,000 bonus shares to Madhu Varshney in consideration of a loan to the
Company of $100,000.
TSX-X
-------------------------------
OSIA VENTURES LTD. ("OSA.P")
BULLETIN TYPE: Halt
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
Effective at 6:07 a.m. PST, March 8, 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
-------------------------------
PEMBERTON ENERGY LTD. ("PBT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced February 19, 2010:
Number of Shares: 4,015,000 shares
Purchase Price: $0.05 per share
Warrants: 4,015,000 share purchase warrants to purchase
4,015,000 shares
Warrant Exercise Price: $0.10 for a two year period
Number of Placees: 21 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P No. of Shares
Miroslava Antonuk Y 350,000
Finders' Fees: $1,000 cash and 20,000 shares payable to
Wolverton Securities Ltd.
$2,588.30 cash and 51,766 shares payable to
Charlie Fisher
$3,200 cash and 94,000 shares payable to Rishi
Kwatra
34,000 shares payable to Dana Tirlui
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
-------------------------------
PROMINEX RESOURCE CORP. ("PXR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced January 12, 2010:
Number of Shares: 3,900,000 shares
Purchase Price: $0.05 per share
Warrants: 3,900,000 share purchase warrants to purchase
3,900,000 shares
Warrant Exercise Price: $0.10 for a one year period
Number of Placees: 32 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Allan Innes Y 100,000
Andrew Howland P 200,000
Jamie Doll 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. (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
-------------------------------
SAXON OIL COMPANY LTD. ("SXN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 8, 2010
TSX Venture Tier 1 Company
Effective at 11:45 a.m. PST, March 8, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.
TSX-X
-------------------------------
SHENUL CAPITAL INC. ("SHE.P")
BULLETIN TYPE: Halt
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
Effective at 6:20 a.m. PST, March 8, 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
-------------------------------
STELLAR PACIFIC VENTURES INC. ("SPX")
BULLETIN TYPE: Private Placement-Brokered Amendment
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated February 10, 2010, the
Exchange has accepted an amendment with respect to two Non-Brokered Private
Placements announced January 6, 2010. The Agent's Fee has changed to the
following:
1. $2,000 and 26,500 Broker's Warrants exercisable into one common share
at an exercise price of $0.12 for a two year period payable to MGI
Securities Inc.; and
2. 320,000 shares and 320,000 share purchase warrants, along with an
additional 320,000 broker's warrants exercisable into one share and
one share purchase warrant at an exercise price of $0.05 for a two
year period payable to MGI securities Inc.
TSX-X
-------------------------------
SUNWARD RESOURCES LTD. ("SWD")
(formerly MKM Resources Ltd. ("MKM.P"))
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Property-
Asset or Share Purchase Agreement, Private Placement-Non-Brokered, Name
Change, Resume Trading
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing MKM
Resources Ltd.'s (the "Company") Qualifying Transaction described in its
filing statement (the "Filing Statement") dated March 1, 2010. As a result,
effective at the opening Tuesday, March 9, 2010, the trading symbol for the
Company will change from MKM.P to SWD and the Company will no longer be
considered a Capital Pool Company. The Qualifying Transaction includes the
following matters, all of which have been accepted by the Exchange.
Acquisition of 100% of the issued and outstanding shares of Sunward
Ventures Limited:
The Exchange has accepted for filing an Acquisition Agreement dated
October 28, 2009 between the Company, Sunward Ventures Limited ("Sunward") and
Gold First Investments Ltd. ("Gold First") under which the Company may acquire
a 100% equity interest in Sunward by issuing 26,400,000 Common Shares to Gold
First. Gold First is a private company incorporated under the laws of the
British Virgin Islands. Sunward holds the right to acquire up to an 80%
interest in Goldplata Resources Limited (GoldPlata BVI) which, in turn, holds
a 100% interest in the Titiribi Property located in Colombia.
In addition, pursuant to the Acquisition Agreement, the Company has agreed
to issue up to an additional 15,000,000 common shares to Gold First as
follows:
1. An additional 5,000,000 common shares upon Sunward making the Initial
Payment (defined below) and earning the Initial Interest (defined
below) under the Goldplata Agreement (defined below);
2. An additional 5,000,000 common shares upon Sunward making the Second
Payment (defined below) and earning the Second Interest (defined
below) under the Goldplata Agreement; and
3. An additional 5,000,000 common shares upon sunward making the Third
Payment (defined below) and earning the Third Interest (defined
below) under the Goldplata Agreement.
Pursuant to the agreement (the "GoldPlata Agreement") which was entered
into on October 6, 2009 among Sunward, Goldplata BVI, Goldplata Mining
International Corp. ("GMIC"), Goldplata Corporation Ltd. ("GCL"), and
Goldplata Corporation Ltd. Surcusal Colombia ("Goldplata Colombia"), Sunward
holds an exclusive right to acquire, in stages, up to an 80% interest in
Goldplata BVI. Goldplata BVI is currently a wholly-owned subsidiary of GMIC.
Under the terms of the Goldplata Agreement, Sunward can earn an initial
51% interest in Goldplata BVI (the "Initial Interest") by paying US$2,500,000
(the "Initial Payment") to Goldplata BVI as follows:
1. US$500,000 within five business days from the date on which 100% of
the Titiribi Property is transferred to Goldplata BVI from GMIC, GCL
and Goldplata Colombia (the "Transfer") (the Transfer has occurred
and this amount has been paid); and
2. US$2,000,000 on or before September 18, 2011 (US$500,000 paid to
date).
Once the Initial Payment is made and the Initial Interest earned, Sunward
can acquire an additional 19% interest (for an aggregate interest of 70%) (the
"Second Interest") by paying an additional US$3,500,000 (the "Second Payment")
to Goldplata BVI on or before September 18, 2013. Upon earning the Second
Interest, Sunward can acquire an additional 10% interest (the "Third
Interest") (for an aggregate 80% interest) by, on or before September 18,
2015:
1. advancing sufficient funds to Goldplata BVI to prepare a bankable
feasibility study on the Titiribi Property (the "Feasibility Study");
or
2. advancing US$15,000,000 towards the completion of the Feasibility
Study, in the event that the cost to prepare the Feasibility Study is
more than US$15,000,000.
(either of the above being the "Third Payment")
In the event that Sunward does not make the Second Payment or the Third
Payment as required, it shall be deemed to have elected not to make any
further payments under the agreement and its rights to earn further interests
shall terminate.
In addition, GMIC is entitled to a 2% net smelter returns royalty (the
"NSR") on commercial production from the Titribi Property, provided that
Sunward may, at any time, purchase the NSR by paying US$3,500,000 to GMIC.
The Exchange has been advised that the acquisition of Sunward has been
completed. The full particulars of the Company's acquisition of the shares of
Sunward are set forth in the Filing Statement, which has been accepted for
filing by the Exchange and which is available under the Company's profile on
SEDAR.
Non-Brokered Private Placement:
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced January 4, 2010:
Number of Shares: 14,285,715 shares
Purchase Price: $0.35 per share
Warrants: 7,142,857 share purchase warrants to purchase
7,142,857 shares
Warrant Exercise Price: $0.50 for an 18 month period
Number of Placees: 27 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Margaret Barron P 70,000
Glen Milne P 57,000
Gurdass (Gary) Singh P 157,000
Vincent Tattersall P 20,000
Amanda Morris P 280,000
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.
Name Change:
Pursuant to a resolution passed by the directors of the Company on
February 19, 2010 the Company has changed its name to Sunward Resources Ltd.
There is no consolidation of capital.
Effective at the opening Tuesday, March 9, 2010, the common shares of
Sunward Resources Ltd. will commence trading on Tier 2 of the Exchange, and
the common shares of MKM Resources Ltd. will be delisted. The Company is
classified as a 'Mineral Exploration and Development' company.
Capitalization: Unlimited shares with no par value of which
49,685,715 shares are issued and outstanding
Escrow: 7,000,000 common shares are subject to a 36-
month staged release escrow, of which
700,000 are authorized to be released
on issuance of this bulletin.
2,640,000 common shares issued to First Gold are
subject to a 36-month staged release
escrow, of which 264,000 are
authorized to be released on issuance
of this bulletin.
Transfer Agent: Computershare Trust Company of Canada.
Trading Symbol: SWD (new)
CUSIP Number: 86802T 10 5 (new)
Resume Trading:
Effective at the opening Tuesday, March 9, 2010, trading in the shares of
the Company will resume.
TSX-X
-------------------------------
TIMES TELECOM INC. ("TTT")
BULLETIN TYPE: New Listing-Shares, Correction
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
CORRECTION:
Further to the TSX Venture Exchange Bulletin dated March 5, 2010, the
first paragraph in the Bulletin should have read as follows:
Effective at the opening Monday, March 8, 2010, the shares of the Company
will commence trading on TSX Venture Exchange. The Company is classified as a
'Telecom' company.
All other terms in the bulletin remain unchanged.
TSX-X
-------------------------------
TYNER RESOURCES LTD. ("TIP")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
Effective at 8:30 a.m. PST, March 8, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.
TSX-X
-------------------------------
UC RESOURCES LTD. ("UC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 8, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for expedited filing documentation with
respect to the second tranche of a Non-Brokered Private Placement announced
February 19, 2010:
Number of Shares: 5,187,500 shares
Purchase Price: $0.08 per share
Warrants: 2,593,750 share purchase warrants to purchase
2,593,750 shares
Warrant Exercise Price: $0.10 for a one year period
Number of Placees: 9 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Frank Cantoni P 312,500
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
-------------------------------
VALIANT MINERALS LTD. ("VTM.P")
BULLETIN TYPE: Halt
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
Effective at 6:07 a.m. PST, March 8, 2010, trading in the shares of the
Company was halted for failure to maintain listing requirements.
TSX-X
-------------------------------
VIRIDIS ENERGY INC. ("VRD")
BULLETIN TYPE: Change of Business, Resume Trading
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
Effective at the opening Tuesday, March 9, 2010, shares of the Company
will resume trading.
TSX Venture Exchange has accepted for filing the Company's Change of
Business, which includes the acceptance of the following transaction:
1) The acquisition of Cypress Pacific Marketing Inc. in consideration of
the issuance of 5,600,000 shares.
No Insider/Pro Group Participation.
The Company is classified as a 'Cleantech' company.
Capitalization: unlimited shares with no par value of which
18,278,994 shares are issued and outstanding
Escrowed: 10,561,180 common shares
Escrow Term: 3 years
Company Contact: Robert Gardner
Company Address: 1328 - 885 West Georgia Street
Vancouver, BC V6C 3G1
Company Phone Number: (604) 568-6568
Company Fax Number: (604) 568-6668
Company Email Address: [email protected]
TSX-X
-------------------------------
VISIBLE GOLD MINES INC. ("VGD")
BULLETIN TYPE: Halt
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
Effective at 6:24 a.m. PST, March 8, 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
-------------------------------
VISIBLE GOLD MINES INC. ("VGD")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 8, 2010
TSX Venture Tier 2 Company
Effective at 9:30 a.m. PST, March 8, 2010, shares of the Company resumed
trading, an announcement having been made over Marketwire.
TSX-X
-------------------------------
For further information: Market Information Services at 1-888-873-8392, or email: [email protected]
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