VANCOUVER, April 29 /CNW/ -
ACERO-MARTIN EXPLORATION INC. ("AMG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 29, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced March 24, 2010:
Number of Shares: 4,000,000 shares
Purchase Price: $0.20 per share
Warrants: 4,000,000 share purchase warrants to purchase
4,000,000 shares
Warrant Exercise Price: $0.20 for a two year period
Number of Placees: 15 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Michael C. Scholz Y 85,000
Finder's Fee: Elise Puusepp will receive a cash finder's fee
in the amount of $67,506.00
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
-----------------------------
ALTAI RESOURCES INC. ("ATI")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: April 29, 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: May 4, 2009
New Expiry Date of Warrants: May 4, 2011
Exercise Price of Warrants: $1.25
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 May 16, 2008.
TSX-X
-----------------------------
AMERICAN MANGANESE INC. ("AMY")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 29, 2010
TSX Venture Tier 2 Company
Effective at the opening, April 29, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.
TSX-X
-----------------------------
ARCTIC STAR DIAMOND CORP. ("ADD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 29, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 21, 2010:
Number of Shares: 13,800,000 shares
Purchase Price: $0.05 per share
Warrants: 13,800,000 share purchase warrants to purchase
13,800,000 shares
Warrant Exercise Price: $0.10 for a two year period
Number of Placees: 12 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
0800025 B.C. Ltd.
(Patrick Power) Y 2,000,000
Finders' Fees: Canaccord Financial Ltd. will receive a finder's
fee of $51,520.00 and 1,025,000 warrants that
are exercisable into common shares at $0.10 per
share for a two year period.
Stephanie Carey will receive a finder's fee of
$1,650.00
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
-----------------------------
ARROWHEAD WATER PRODUCTS LTD. ("AWP.RT")
BULLETIN TYPE: Rights Expiry-Delist
BULLETIN DATE: April 29, 2010
TSX Venture Tier 2 Company
Effective at the opening, May 3, 2010, the Rights of the Company will
trade for cash. The Rights expire May 6, 2010 and will therefore be delisted
at the close of business May 6, 2010.
TRADE DATES
May 3, 2010 - TO SETTLE - May 4, 2010
May 4, 2010 - TO SETTLE - May 5, 2010
May 5, 2010 - TO SETTLE - May 6, 2010
May 6, 2010 - TO SETTLE - May 6, 2010
The above is in compliance with Trading Rule C.2.18 - Expiry Date:Trading
in the rights shall be for cash for the three trading days preceding the
expiry date and also on expiry date. On the expiry date, trading shall cease
at 12 o'clock noon E.T. and no transactions shall take place thereafter except
with permission of the Exchange.
TSX-X
-----------------------------
BCGOLD CORP. ("BCG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 29, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced March 30, 2010:
Number of Shares: 10,160,000 non-flow-through shares
4,006,200 flow-through shares
Purchase Price: $0.08 per non-flow-through share
$0.10 per flow-through share
Warrants: 5,080,000 share purchase warrants to purchase
5,080,000 shares at $0.15 per share for a one
year period (non-flow-through units)
2,003,100 share purchase warrants to purchase
2,003,100 shares at $0.20 per share for a one
year period (flow-through units)
Number of Placees: 25 placees (non-f/t)
19 placees (f/t)
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Kostantinos Tsirigotis P 50,000 f/t
Thomas W. Seltzer P 300,000 nf/t
David Elliott P 250,000 nf/t
Kinross Gold Corporation Y 1,750,000 nf/t
Dynamic Precious
Metals Fund Y 4,810,000 nf/t
Finders' Fees: Haywood Securities Inc. - $8,610.00
Canaccord Financial Ltd. - $5,320.00
Anthem Capital Group Inc. - $12,000.00 and
200,000 warrants that are exercisable into
common shares at $0.15 per share for an 18-month
period.
Barrington Capital Corp. - $12,000.00 and
200,000 warrants that are exercisable into
common shares at $0.15 per share for an 18-month
period.
Limited Market Dealer Inc. - $12,000.00 and
160,000 warrants that are exercisable into
common shares at $0.20 per share for an 18-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
-----------------------------
CANADIAN PHOENIX RESOURCES CORP. ("CXP")
BULLETIN TYPE: Halt
BULLETIN DATE: April 29, 2010
TSX Venture Tier 2 Company
Effective at the opening, April 29, 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
-----------------------------
G4G RESOURCES LTD. ("GXG")
BULLETIN TYPE: Resume Trading, Reviewable Transaction-Announced
BULLETIN DATE: April 29, 2010
TSX Venture Tier 2 Company
Effective at the open, Friday, April 30, 2010, trading in the Company's
shares will resume.
This resumption of trading does not constitute acceptance of the
Reviewable Transaction disclosed in the Company's April 21, 2010 news release,
and should not be construed as an assurance of the merits of the transaction
or the likelihood of completion. The Company is required to submit all of the
required initial documentation relating to the transaction. IF THIS
DOCUMENTATION IS NOT PROVIDED, OR IS INSUFFICIENT, A TRADING HALT MAY BE
RE-IMPOSED.
Completion of the transaction is subject to a number of conditions,
including but not limited to, Exchange acceptance. There is a risk that the
transaction will not be accepted or that the terms of the transaction may
change substantially prior to acceptance. SHOULD THIS OCCUR, A TRADING HALT
MAY BE RE-IMPOSED.
For further information please review the Company's news releases dated
February 26, 2010 and April 21, 2010.
TSX-X
-----------------------------
GARSON GOLD CORP. ("GG")
BULLETIN TYPE: Halt
BULLETIN DATE: April 29, 2010
TSX Venture Tier 2 Company
Effective at the opening, April 29, 2010, trading in the shares of the
Company was halted 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
-----------------------------
INDEFINITELY CAPITAL CORP. ("INI.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: April 29, 2010
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Prospectus dated January 29, 2010 has
been filed with and accepted by TSX Venture Exchange and the British Columbia
Securities Commission effective February 2, 2010, pursuant to the provisions
of the British Columbia Securities Act. 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
$200,000 (2,000,000 common shares at $0.10 per share).
Commence Date: At the opening Friday, April 30, 2010, the
Common shares will commence trading on TSX
Venture Exchange.
Corporate Jurisdiction: Business Corporations Act (BC)
Capitalization: Unlimited common shares with no par value of
which
4,000,000 common shares are issued and
outstanding
Escrowed Shares: 2,000,000 common shares
Transfer Agent: Computershare Investor Services Inc. (Vancouver)
Trading Symbol: INI.P
CUSIP Number: 45338G 10 2
Sponsoring Member: PI Financial Corp.
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
January 29, 2010.
Company Contact: Negar Adam, CEO, CFO, Secretary and Director
Company Address: 1470, 701 West Georgia Street
Vancouver, BC V7Y 1C6
Company Phone Number: (604) 646-6906
Company Fax Number: (604) 689-1733
TSX-X
-----------------------------
ITHACA ENERGY INC. ("IAE")
BULLETIN TYPE: Warrant Term Amendment
BULLETIN DATE: April 29, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has consented to the amendment in the expiry date of
the following warrants:
No. of Warrants: 3,000,000
Original Expiry Date of Warrants: the earlier of 6 months after the
date of issuance or September 11,
2011
New Expiry Date of Warrants: the earlier of 6 months after the
date the Field Development Plan is
approved for the Athena project
(see news release dated
September 19, 2006) or September 11,
2011
Exercise Price of Warrants: $3.00
TSX-X
-----------------------------
KENAI RESOURCES LTD. ("KAI")
BULLETIN TYPE: Private Placement-Non-Brokered, Property-Asset or Share
Purchase Agreement
BULLETIN DATE: April 29, 2010
TSX Venture Tier 1 Company
Private Placement-Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced March 19, 2010:
Number of Shares: 5,000,000 shares
Purchase Price: $0.14 per share
Warrants: 5,000,000 share purchase warrants to purchase
5,000,000 shares
Warrant Exercise Price: $0.20 for a two year period
Number of Placees: 11 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Alex Watson P 35,000
Cliff Rich P 632,500
Finders' Fees: $28,000 payable to Byron Capital Markets
$39,000 payable to Kaare Investments
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.)
Property-Asset or Share Purchase Agreement:
TSX Venture Exchange has accepted for filing documentation pertaining to
an Earn-In Agreement between Kenai Resources Ltd. (the "Company") and Western
Energy Development Corp. (the "Vendor") whereby the Company has been granted
the right to earn an undivided 60% joint venture interest in the Albisu gold
property, located in north-western Nevada. In consideration, the Company will
pay a total of $800,000 over a four year period and issue 250,000 shares to
the Vendor. The Company may increase its interest from 60% to 80% by
completing a bankable feasibility study and payment of $1,000,000 to the
Vendor.
Insider/Pro Group Participation: N/A
TSX-X
-----------------------------
LOUNOR EXPLORATION INC. ("LO")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 29, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to an
option agreement dated April 21, 2010 under which the Company has the option
to acquire a 100% interest in a 17-unit mineral claim package situated in the
Bernières Township in the Val-d'Or Mining Division, province of Québec.
The consideration payable consists of $15,000 in cash and the issuance of
1,000,000 common shares to the vendor, of which 500,000 shares at the
signature of the agreement and 500,000 shares at the first anniversary of the
agreement.
The vendor has retained a 1.5% Net Smelter Royalty in the property, that
is re-purchasable for $1,500,000.
For further information please refer to the Company's press release dated
April 21, 2010.
EXPLORATION LOUNOR INC. ("LO")
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 29 avril 2010
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents en vertu d'une
convention d'option datée du 21 avril 2010, en vertu de laquelle la société a
l'option d'acquérir un intérêt de 100 % dans 17 cellules minières situées dans
le canton Bernières dans la division minière de Val-d'Or, Province du Québec.
La considération payable consiste au paiement de 15 000 $ en espèces et à
l'émission au vendeur de 1 000 000 d'actions ordinaires, dont 500 000 actions
à la signature et 500 000 actions au premier anniversaire de l'entente.
Le vendeur a retenu une redevance "NSR" de 1,5 % dans la propriété qui est
rachetable par la société pour 1 500 000 $.
Pour plus d'information, veuillez vous référer au communiqué de presse
émis par la société le 21 avril 2010.
TSX-X
-----------------------------
MOONCOR OIL & GAS CORP. ("MOO")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: April 29, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing certain amendments to a
previously accepted convertible debenture announced October 19, 2007 and
subsequently amended as disclosed in the Company's press release dated April
13, 2010. The amendments to this debenture are as follows:
Amended Convertible
Debenture Amount: $1,491,605.48 (previously, $2,000,000)
Amended Maturity Date: June 11, 2010 with a potential extension to
December 11, 2010 (previously, March 28,
2010)
Amended Conversion Price: Convertible into one share and one half of a
warrant at a price of $0.225 until the
Amended Maturity Date. Each whole warrant is
exercisable into one common share at a price
of $0.225 per share until the Amended
Maturity Date (previously, convertible into
units consisting of one common share and one-
half a common share purchase warrant at $0.83
expiring September 28, 2009 at $0.50. After
September 29, 2009, convertible into one
common share until March 28, 2010 at $0.55).
Interest Rate: 10% per annum (unchanged)
In addition, the Exchange notes that the Company will be issuing the two
arm's length lenders each 500,000 warrants. Each warrant entitles the holder
thereof to purchase one common share of the Company at $0.225 per share until
December 11, 2010, with 250,000 being exercisable upon execution of the
extension agreements and 250,000 being exercisable in the event the maturity
date is extended to December 11, 2010.
For further information, please refer to the Company's press release dated
April 13, 2010.
TSX-X
-----------------------------
NEW GUINEA GOLD CORPORATION ("NGG")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: April 29, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 5,454,545 bonus shares to in consideration of a bridge loan of
$3,000,000. The loan has a twelve month term and bears interest at a rate of
8% per annum, payable monthly. After maturity, the interest will be payable at
a rate of 18% per annum compounded monthly and payable monthly.
TSX-X
-----------------------------
PEMBERTON ENERGY LTD. ("PBT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 29, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 23, 2010:
Number of Shares: 500,000 shares
Purchase Price: $0.05 per share
Warrants: 500,000 share purchase warrants to purchase
500,000 shares
Warrant Exercise Price: $0.10 for a two year period
Number of Placees: 1 placee
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
-----------------------------
PERFECT FRY CORPORATION ("PNM")
BULLETIN TYPE: Halt
BULLETIN DATE: April 29, 2010
TSX Venture Tier 1 Company
Effective at 7:08 a.m. PST, April 29, 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
-----------------------------
PHILEX GOLD INC. ("PGI")
BULLETIN TYPE: Delist, Plan of Arrangement
BULLETIN DATE: April 29, 2010
TSX Venture Tier 2 Company
Effective at the close of business April 30, 2010, the common shares of
Philex Gold Inc. ("PGI") will be delisted from TSX Venture Exchange. The
delisting of the Company's shares results from a Plan of Arrangement pursuant
to which Philex Mining Corp. ("PMC"), through its wholly owned subsidiary,
Philex Gold Holdings Inc. ("PGHI"), has acquired all of the outstanding common
shares of PGI not already held by PGHI for US$0.75 for each common share of
PGI.
The Arrangement was approved by the shareholders of PGI on April 15, 2010,
and received final court approval from the Ontario Superior Court of Justice
on April 23, 2010.
For further details, please refer to the Company's Information Circular
dated March 11, 2010 and news releases dated February 25, 2010, March 16,
2010, April 15, 2010 and April 23, 2010.
TSX-X
-----------------------------
PLANET ORGANIC HEALTH CORP. ("POH")
BULLETIN TYPE: Halt
BULLETIN DATE: April 29, 2010
TSX Venture Tier 1 Company
Effective at the opening, April 29, 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
-----------------------------
PRIMELINE ENERGY HOLDINGS INC. ("PEH.RT")
BULLETIN TYPE: Rights Expiry-Delist
BULLETIN DATE: April 29, 2010
TSX Venture Tier 2 Company
Effective at the opening, May 3, 2010, the Rights of the Company will
trade for cash. The Rights expire May 6, 2010 and will therefore be delisted
at the close of business May 6, 2010.
TRADE DATES
May 3, 2010 - TO SETTLE - May 4, 2010
May 4, 2010 - TO SETTLE - May 5, 2010
May 5, 2010 - TO SETTLE - May 6, 2010
May 6, 2010 - TO SETTLE - May 6, 2010
The above is in compliance with Trading Rule C.2.18 - Expiry Date:
Trading in the rights shall be for cash for the three trading days
preceding the expiry date and also on expiry date. On the expiry date, trading
shall cease at 12 o'clock noon E.T. and no transactions shall take place
thereafter except with permission of the Exchange.
TSX-X
-----------------------------
ROCMEC MINING INC. ("RMI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 29, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with
respect to a Non-Brokered Private Placement, announced on April 23, 2010:
Number of Shares: 2,517,500 flow-through common shares
Purchase Price: $0.08 per flow-through common share
Warrants: 1,258,750 warrants to purchase 1,258,750 common
shares
Warrant Exercise Price: $0.12 for a 24-month period
Finder's Fee: Piero Perluzzi received $4,340 in cash
The Company has confirmed the closing of the above-mentioned Private
Placement pursuant to a news release dated April 23, 2010.
CORPORATION MINIÈRE ROCMEC INC. ("RMI")
TYPE DE BULLETIN: Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 29 avril 2010
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu
d'un placement privé sans l'entremise d'un courtier, tel qu'annoncé le 23
avril 2010 :
Nombre d'actions : 2 517 500 actions ordinaires accréditives
Prix : 0,08 $ par action ordinaire accréditive
Bons de souscription : 1 258 750 bons de souscription permettant de
souscrire à 1 258 750 actions ordinaires
Prix d'exercice des bons : 0,12 $ pour une période de 24 mois
Commission de
l'intermédiaire : Piero Perluzzi a reçu 4 340 $ en espèces
La société a confirmé la clôture du placement privé mentionné ci-dessus en
vertu d'un communiqué de presse daté du 23 avril 2010.
TSX-X
-----------------------------
ROMARCO MINERALS INC. ("R")
BULLETIN TYPE: Prospectus-Share Offering
BULLETIN DATE: April 29, 2010
TSX Venture Tier 2 Company
Effective April 6, 2010, the Company's Short Form Prospectus dated April
6, 2010 was filed with and accepted by TSX Venture Exchange, and filed with
and receipted by the British Columbia, Alberta, Saskatchewan, Manitoba, New
Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador,
Northwest Territories, Yukon and Nunavut Securities Commissions, pursuant to
the provisions of the British Columbia, Alberta, Saskatchewan, Manitoba, New
Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador,
Northwest Territories, Yukon and Nunavut Securities Acts.
TSX Venture Exchange has been advised that closing occurred on April 13,
2010, for gross proceeds of CDN$120,170,000.
Underwriters: BMO Nesbitt Burns Inc., Paradigm Capital Inc.,
Wellington West Capital Markets Inc. and GMP
Securities L.P.
Offering: 61,000,000 shares (not including over-allotment
option)
Share Price: $1.97 per share
Commission: CDN$6,008,500
TSX-X
-----------------------------
TYNER RESOURCES LTD. ("TIP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 29, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced March 8, 2010:
Number of Shares: 30,000,000 shares
Purchase Price: $0.075 per share
Warrants: 30,000,000 share purchase warrants to purchase
30,000,000 shares
Warrant Exercise Price: $0.10 for a five year period
Number of Placees: 15 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Keith Hill Y 250,000
Finder's Fee: 2,380,000 warrants payable to George Dengin
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
-----------------------------
WEST HAWK DEVELOPMENT CORP. ("WHD")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 29, 2010
TSX Venture Tier 2 Company
Effective at the opening, April 29, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.
TSX-X
-----------------------------
YANGARRA RESOURCES LTD. ("YGR")
(formerly Yangarra Resources Ltd. ("YAN"))
BULLETIN TYPE: Consolidation, Symbol Change
BULLETIN DATE: April 29, 2010
TSX Venture Tier 1 Company
Pursuant to a special resolution passed by shareholders March 4, 2010, the
Company has consolidated its capital on a 5 old for 1 new basis and has
subsequently increased its authorized capital. The name of the Company has not
been changed.
Effective at the opening Friday, April 30, 2010, shares of Yangarra
Resources Ltd. will commence trading on TSX Venture Exchange on a consolidated
basis. The Company is classified as an "Oil & Gas Exploration/Development"
company.
Post - Consolidation
Capitalization: unlimited shares with no par value of which
63,388,006 shares are issued and outstanding
Escrow: Nil shares are subject to escrow
Transfer Agent: Computershare Trust Company
Trading Symbol: YGR (new)
CUSIP Number: 98474P 20 4 (new)
TSX-X
-----------------------------
ZENA MINING CORP. ("ZCC")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: April 29, 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: 6,025,000
Original Expiry Date of Warrants: June 6, 2010
New Expiry Date of Warrants: June 6, 2012
Exercise Price of Warrants: $0.75
These warrants were issued pursuant to a private placement of 6,830,000
shares with 6,100,000 share purchase warrants attached, which was accepted for
filing by the Exchange effective June 5, 2008.
TSX-X
-----------------------------
ARCHER PETROLEUM CORP. ("ARK")
(formerly Agrotech Greenhouses Inc. ("AGV.H"))
BULLETIN TYPE: Change of Business, Private Placement-Non-Brokered,
Graduation from NEX to TSX Venture, Name Change and Consolidation
BULLETIN DATE: April 29, 2010
NEX Company
TSX Venture Exchange has accepted for filing Agrotech Greenhouses Inc.'s
(the 'Company') Change of Business (the 'COB') and related transactions, all
as principally described in its filing statement dated April 22, 2010 (the
'Filing Statement'). The COB includes the following matters, all of which have
been accepted by the Exchange.
1. Acquisition of 0856348 BC Ltd. ('PrivateCo'):
In July 2009 the Company created PrivateCo as a vehicle to create an oil
and gas business for the Company. The Company has entered into an agreement to
acquire all of the issued and outstanding PrivateCo securities by way of share
exchange on a 1:1 basis resulting in the issuance of 10,306,000 shares of the
Company. Holders of PrivateCo warrants will receive equivalent warrants to
acquire shares of the Company. On conclusion of the COB, PrivateCo will be a
wholly-owned subsidiary of the Company. PrivateCo owns Contact Oil & Gas
Holdings Inc. ('Contact Holdings') directly and Contact Holdings holds Contact
Oil & Gas USA Inc. ('Contact USA') directly. PrivateCo, through Contact USA,
holds an interest or the right to acquire an interest in three oil and gas
properties: the Greater Joe Mills Project, the Bakken Shale Acreage and the
Suggs Ranch Project. The resulting issuer's initial focus following completion
of the COB will be on the Greater Joe Mills Project (the 'Qualifying
Property').
Greater Joe Mills Project, West Texas
Contact USA has entered into a Participation Agreement dated as of 7th
January 2010 with an established, private oil and gas company operating in the
Permian Basin of West Texas (the 'Participation Agreement'), to acquire an
interest in over 4,700 gross mineral acres. Additionally, Contact USA has the
right to acquire an interest in up to 5,700 additional mineral acres under
option.
Under the terms of the Participation Agreement, Contact USA has acquired a
25% net working interest in approximately 4,700 of the seller's net mineral
acres within the project area by committing to pay for Contact USA's
proportionate share of the drilling cost of the first four (4) wells and
paying for its share of the associated mineral leases and existing salt water
disposal ('SWD') well. Contact USA has paid the seller a total of US$689,902
(Cdn$711,772) for its share of the estimated drilling costs of the first well,
mineral leases and SWD well, which well has been spudded. Drilling of the
subsequent three wells is expected sometime in the second quarter of 2010 at
an aggregate estimated cost to Contact USA of US$1,000,000 (Cdn$1,050,000).
PrivateCo has entered into a Finder's Fee agreement with ABL Energy
Partners LLC ('ABL'), a Houston-based, oil and gas consulting firm, with
respect to the Participation Agreement, pursuant to which ABL has been issued
306,000 PrivateCo Shares as a finder's fee. The issuance of Company Shares to
replace these PrivateCo Shares is subject to the approval of this finder's fee
to ABL by the Shareholders' Written Consent. In addition, any such Company
Shares will be subject to the Escrow Agreement. Finally, ABL has been granted
a 1% over riding royalty interest in the Greater Joe Mill Project by Contact
USA in respect of its interest in the Project, which royalty is null and void
so long as the Company Shares are listed on the Exchange.
Bakken Shale Acreage, North Dakota
Contact USA has entered into a letter agreement dated February 1, 2010
(the 'Bakken Acreage Agreement'), pursuant to which it has acquired a 50%
working interest in 1,475 gross mineral acres located in Burke County, North
Dakota in the area of the Bakken Shale Play in consideration for US$735,000
(Cdn$802,665) (paid). There is no intention to incur further expenditures on
this project in the near future.
PrivateCo has entered into a Finder's Fee agreement with ABL pursuant to
which ABL has been paid US$62,625 as a finder's fee for its introduction of
Contact USA to this opportunity. This finder's fee to ABL remains subject to
its approval by the Shareholders' Written Consent. In addition, ABL has been
granted a 3% over riding royalty interest by Contact USA in respect of its
interest in the Project, which royalty is null and void so long as the Company
Shares are listed on the Exchange.
Sugg Ranch Project, West Texas
Pursuant to an agreement between PrivateCo, Contact USA and Maxwell
Operating, Inc., a Texas company ('Maxwell') dated July 23, 2009 as amended
(the 'Maxwell Agreement'), Contact USA has the right to purchase an undivided
75% working interest in certain oil and gas leases located in Irion County,
West Texas (the 'Sugg Ranch Project') in consideration for the payment to
Maxwell of US$2,000,000 and the issuance of 400,000 PrivateCo Shares (which
shares, if and when issued, will be issued at resulting issuer shares), and a
drilling commitment of US$2,500,000 to be incurred within three months of
closing on the first five wells to be drilled on the Sugg Ranch Project.
The Closing of the Sugg Ranch Project has been delayed pending resolution
to PrivateCo's satisfaction of certain outstanding issues between Maxwell and
the holder of an underlying oil and gas lease. Upon Maxwell notifying
PrivateCo and Contact USA of the resolution of these issues, to the
satisfaction of PrivateCo and Contact USA, PrivateCo and Contact USA shall
have 10 days to decide if they wish to proceed to closing or not.
PrivateCo has entered into a Finder's Fee agreement with ABL, pursuant to
which a finder's fee of 600,000 shares of PrivateCo shall be payable to ABL at
closing of such transaction. In the event closing occurs after the closing of
the PrivateCo Acquisition, the finder's fee will be paid in an equivalent
number of Company Shares. The issuance of such Company Shares is subject to
the approval of this finder's fee to ABL by the Shareholders' Written Consent.
In addition, any such Company Shares will be subject to the Escrow Agreement.
Finally, ABL has been granted a 1% over riding royalty interest in the Sugg
Ranch Project by Contact USA in respect of its interest in the Project, which
royalty is null and void so long as the Company Shares are listed on the
Exchange.
The Exchange has been advised that the Company's acquisition of PrivateCo
has received shareholder approval and shall be completed in conjunction with
its name change and consolidation. For additional information refer to the
Filing Statement available under the Company's profile on SEDAR.
2. Private Placement-Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced January 25, 2010:
Number of Shares: 6,667,000 post-consolidated shares
Purchase Price: $0.45 per share
Number of Placees: 81 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Barbara Langer P 100,000
Laura Watt P 30,000
Patrick A. Robinson P 222,222
Brock Aynsley P 100,000
Robert Sali P 440,000
Finders' Fees: Canaccord Financial Ltd. - $142,337.99 and
316,307 warrants that are exercisable into
common shares at $0.50 per share for a 24 month
period.
CIBC World Markets Inc. - $3,150.00 and 7,000
warrants that are exercisable into common shares
at $0.50 per share for a 24 month period.
Leede Financial Markets Inc. - $6,300.00 and
14,000 warrants that are exercisable into common
shares at $0.50 per share for a 24 month period.
National Bank Financial Inc. - $29,893.50 and
66,430 warrants that are exercisable into common
shares at $0.50 per share for a 24 month period.
Dundee Securities Corp. - $13,860.00 and 30,800
warrants that are exercisable into common shares
at $0.50 per share for a 24 month period.
MGI Securities Inc. - $3,500.00 and 7,778
warrants that are exercisable into common shares
at $0.50 per share for a 24 month period.
Larry Aligizakis - $10,969.02 and 24,375
warrants that are exercisable into common shares
at $0.50 per share for a 24 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.
3. Graduation from NEX to TSX Venture:
The Company has met the requirements to be listed as a TSX Venture Tier 2
Company. Therefore, effective on Friday, April 30, 2010, 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.
4. Name Change and Consolidation:
Pursuant to a resolution passed by shareholders on July 30, 2009, the
Company has consolidated its capital on a 3 old for 1 new basis. The name of
the Company has also been changed to Archer Petroleum Corp.
Effective at the opening Friday, April 30, 2010, the common shares of
Archer Petroleum Corp. will commence trading on TSX Venture Exchange and the
common shares of Agrotech Greenhouses Inc. will be delisted. The Company is
classified as an 'Oil and Gas' company.
Post - Consolidation
Capitalization: Unlimited shares with no par value of which
32,456,044 shares are issued and outstanding
Escrow: 6,310,833 shares subject to a 36 month staged
escrow release
Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: ARK (new)
CUSIP Number: 039506 10 0 (new)
TSX-X
-----------------------------
JALNA MINERALS LTD. ("JMA.H")
BULLETIN TYPE: Halt
BULLETIN DATE: April 29, 2010
NEX Company
Effective at 8:48 a.m. PST, April 29, 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
-----------------------------
For further information: Market Information Services at 1-888-873-8392, or email: [email protected]
Share this article