VANCOUVER, Nov. 4, 2015 /CNW/ -
TSX VENTURE COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: November 3, 2015
TSX Venture Company
A Cease Trade Order has been issued by the Alberta Securities Commission on November 3, 2015 against the following company for failing to file the documents indicated within the required time period:
Symbol |
Tier |
Company |
Failure to File |
Period |
Ending |
||||
(Y/M/D) |
||||
EMB |
2 |
EmberClear Corp. |
annual audited financial statements, |
|
annual management's discussion and |
||||
analysis, and certification of annual |
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filings for the year ended |
15/06/30 |
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 companies during the period of the suspension or until further notice.
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ASHBURTON VENTURES INC. ("ABR")
CAVAN VENTURES INC. ("CVN")
BULLETIN TYPE: Property-Asset or Share Acquisition Agreement, Property-Asset or Share Disposition Agreement, Remain Suspended
BULLETIN DATE: November 4, 2015
TSX Venture Tier 2 Companies
The TSX Venture Exchange Inc. (the "Exchange") has accepted documentation in connection with an option agreement between Ashburton Ventures Inc. ("Ashburton") and Cavan Ventures Inc. ("Cavan") dated October 8, 2015 (the "Agreement").
Under the terms of the Agreement Cavan has granted Ashburton an option to acquire up to a 60% interest in the Buckingham Graphite Property (the "Property") located in the Province of Quebec. In order to exercise the option Ashburton must:
- issue 1,500,000 common shares and incur $200,000 in exploration expenditures on the Property within 12 months of closing of the transaction; and
- issue 1,500,000 common shares, incur $250,000 in exploration expenditures on the Property and pay $25,000 within 24 months of closing of the transaction.
For further information see Ashburton's news release dated October 15, 2015 which is available under the Ashburton's profile on SEDAR.
Insider / Pro Group Participation: Seung Oh is a director and Chief Financial Officer of both Ashburton and Cavan. John Masters is Corporate Secretary of both Ashburton and Cavan.
Suspension
Cavan is subject to a Cease Trade Order ("CTO") issued by the British Columbia Securities Commission on July 8, 2015 for failure to file financial statements. Cavan received a Partial Revocation Order on October 27, 2015.
Trading in Cavan's securities will remain suspended.
Members are prohibited from trading in the securities of Cavan during the period of the suspension or until further notice.
________________________________________
AZINCOURT URANIUM INC. ("AAZ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 4, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 21, 2015:
Number of Shares: |
3,550,000 shares |
|
Purchase Price: |
$0.05 per share |
|
Number of Placees: |
7 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
Pro-Group=P |
# of Shares |
J. Ian Stalker |
Y |
1,000,000 |
TKLD Geological Inc. |
||
(Terrence O'Connor) |
Y |
840,000 |
Westview Consulting Ltd. |
||
(Paul Reynolds) |
Y |
300,000 |
Smoke Rise Holdings Ltd. |
||
(Ian Burns) |
Y |
260,000 |
The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantee the accuracy or completeness of the information contained in this document. Readers should consult the issuer's continuous disclosure record for complete details of the transaction.
________________________________________
BLACKHEATH RESOURCES INC. ("BHR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 4, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 22, 2015 and November 4, 2015:
First Tranche:
Number of Shares: |
2,642,001 shares |
|
Purchase Price: |
$0.12 per share |
|
Warrants: |
2,642,001 share purchase warrants to purchase 2,642,001 shares |
|
Warrant Exercise Price: |
$0.20 for a two year period |
|
Number of Placees: |
19 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Kerry Spong |
Y |
165,000 |
James Robertson |
Y |
625,000 |
Andros Capital Corp. |
||
(Alexander Langer) |
Y |
75,000 |
Finder's Fee: |
$1,470 cash and 12,250 warrants payable to Canaccord Genuity Corp. |
|
$1,680 cash and 14,000 warrants payable to PI Financial Corp. |
||
$2,100 cash and 17,500 warrants payable to Wout Helsmoortel |
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.
________________________________________
BRIACELL THERAPEUTICS CORP. ("BCT")
BULLETIN TYPE: Halt
BULLETIN DATE: November 4, 2015
TSX Venture Tier 2 Company
Effective at 6:16 a.m. PST, November 4, 2015, trading in the shares of the Company was halted at the request of the Company, pending news. 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.
________________________________________
BRIACELL THERAPEUTICS CORP. ("BCT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 4, 2015
TSX Venture Tier 2 Company
Effective at 8:30 am, PST, November 4, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
GREENSPACE BRANDS INC. ("JTR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 4, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Share Purchase Agreement (the "Agreement"), dated September 15, 2015, between GreenSpace Brands Inc. (the "Company") and several arm's length parties (collectively, the "Vendors"), whereby the Company has acquired all of the issued and outstanding shares of Love Child (Brands) Inc. – a natural foods company located in British Columbia, Canada.
Under the terms of the Agreement, the proposed purchase price will be satisfied by way of $2,100,000 in cash, $900,000 vendor take-back notes, 1,190,476 common shares of the Company at a deemed value of $1.05 per share, and 714,286 earn-out warrants. Each earn-out warrant is exercisable into one common share at a price of $1.05 for a five year period and vests in approximately two years if certain gross revenue targets are reached.
Additionally, certain Vendors are also entitled to earn-out shares valued at up to $750,000, to be issued in approximately two years if certain gross revenue targets are reached. The issuance price will be determined at the time of public dissemination of such financial information.
For further details, please refer to the Company's news releases dated September 15, 2015 and October 19, 2015.
________________________________________
GUERRERO VENTURES INC. ("GV")
BULLETIN TYPE: Halt
BULLETIN DATE: November 4, 2015
TSX Venture Tier 2 Company
Effective at 8:35 a.m. PST, November 4, 2015, trading in the shares of the Company was halted at the request of the Company, pending news. 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.
________________________________________
GUERRERO VENTURES INC. ("GV")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 4, 2015
TSX Venture Tier 2 Company
Effective at 10:30 am, PST, November 4, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
MEDX HEALTH CORP. ("MDX")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 4, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 703,437 common shares to settle outstanding debt for $77,609.25.
Number of Creditors: |
2 Creditors |
For further information, please refer to the Company's news release dated October 28, 2015.
________________________________________
MKANGO RESOURCES LTD. ("MKA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 4, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 6, 2015:
Number of Shares: |
45,000,000 shares |
|
Purchase Price: |
$0.025 per unit |
|
Warrants: |
22,500,000 share purchase warrants to purchase 22,500,000 shares |
|
Warrant Exercise Price: |
$0.05 for a period of three years |
|
Number of Placees: |
23 Placees |
|
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Units |
Derek Linfield |
Y |
2,111,456 |
The Resource Early Stage |
||
Opportunities (Adam Dziubinski) |
Y |
14,000,000 |
Aggregate Pro Group |
||
Involvement [2 Placees] |
P |
1,600,000 |
Finder's Fee: |
Investec Wealth & Management - $3,500 cash and 140,000 finder's |
|
warrants. |
||
Haywood Securities - $5,600 cash and 224,000 finder's warrants. |
||
Jub Captial Limited - $11,900 cash, 2,436,000 finder's warrants and |
||
1,000,000 common shares for corporate advisory fee. |
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
________________________________________
RESERVOIR CAPITAL CORP. ("REO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 4, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 13, 2015:
Number of Shares: |
2,000,000 shares |
|
Purchase Price: |
$0.50 per share |
|
Warrants: |
1,000,000 share purchase warrants to purchase 1,000,000 shares |
|
Warrant Exercise Price: |
$0.75 for a five year period |
|
Number of Placees: |
23 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Aggregate Pro Group |
||
Involvement [2 Placees] |
P |
150,000 |
Finder's Fee: |
$5,525 and 5,000 finder's units payable to Haywood Securities Inc. |
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.
________________________________________
TOMAGOLD CORPORATION ("LOT")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: November 4, 2015
TSX Venture Tier 2 Company
The Exchange has accepted for filing the documentation relating to an amendment dated October 30, 2015 to an agreement dated November 11, 2013 between Tomagold Corporation (the "Company") and IAMGOLD Corporation ("IAMGOLD") (TSX: "IMG"), whereby the Company has granted IAMGOLD an option to acquire a 50% interest in the "Monster Lake", "Winchester" and "Lac à L'Eau Jaune" properties in consideration of a cash payment of $3,220,000 and an option to earn an additional 25% interest in consideration of exploration work commitment of a total of $10,000,000 over a period of 7 years.
For further information, please refer to the Company's news release dated November 2, 2015.
CORPORATION TOMAGOLD (« LOT »)
TYPE DE BULLETIN : Convention de vente d'actif ou convention de vente d'actions
DATE DU BULLETIN : Le 4 novembre 2015
Société du groupe 2 de TSX croissance
La Bourse a accepté le dépôt de documents relativement à un amendement daté du 30 octobre 2015 à une entente datée du 11 novembre 2013 entre Corporation Tomagold (la « société ») et IAMGOLD Corporation (« IAMGOLD ») (TSX : « IMG ») en vertu duquel la société a octroyé à IAMGOLD une option permettant l'acquisition d'un intérêt de 50 % dans les propriétés « Monster Lake », « Winchester » et « Lac à L'Eau Jaune », en considération d'un paiement en espèces de 3 220 000 $ et une option permettant l'acquisition d'un intérêt additionnel de 25 % en considération d'un engagement d'exécuter 10 000 000 $ de travaux d'exploration sur une période de sept ans.
Pour de plus amples informations, veuillez vous référer au communiqué de presse émis par la société le 2 novembre 2015.
_________________________________________
URBAN COMMUNICATIONS INC. ("UBN")
BULLETIN TYPE: Private Placement-Non-Brokered, Correction
BULLETIN DATE: November 4, 2015
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated October 21, 2015, the Bulletin should have read as follows:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 19, 2015:
FIRST TRANCHE:
Number of Shares: |
8,502,000 shares |
|
Purchase Price: |
$0.10 per share |
|
Warrants: |
8,502,000 share purchase warrants to purchase 8,502,000 shares |
|
Warrant Exercise Price: |
$0.20 for a two year period |
|
Number of Placees: |
34 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
John A. Farlinger |
Y |
250,000 |
Leslie Maerov |
Y |
50,000 |
Michael Schmidt |
Y |
250,000 |
Aggregate Pro Group |
||
Involvement [2 Placees] |
P |
190,000 |
Finder's Fee: |
$5,915 plus 59,150 Finder's Warrants exercisable at $0.20 per share |
|
for two years is payable to Canaccord Genuity Corp. |
||
$490 is payable to Nadwin Singh. |
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.
________________________________________
VENDTEK SYSTEMS INC. ("VSI")
BULLETIN TYPE: Halt
BULLETIN DATE: November 3, 2015
TSX Venture Tier 2 Company
Effective at 1:08 p.m. PST, November 3, 2015, trading in the shares of the Company was halted for Failure to Maintain Exchange Requirements. 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.
________________________________________
WANTED TECHNOLOGIES CORPORATION ("WAN")
BULLETIN TYPE: Halt
BULLETIN DATE: November 4, 2015
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, November 4, 2015, trading in the shares of the Company was halted at the request of the Company, pending news. 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.
________________________________________
ZECOTEK PHOTONICS INC. ("ZMS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 4, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 30, 2015:
Number of Shares: |
2,432,673 shares |
Purchase Price: |
$0.36 per share |
Warrants: |
2,432,673 share purchase warrants to purchase 2,432,673 shares |
Warrant Exercise Price: |
$0.53 for a two year period |
Number of Placees: |
5 Placees |
Finder's Fee: |
$630 and 1,750 finder's warrants payable to Canaccord Genuity Corp. |
$45,014.40 and 125,040 finder's warrants payable to Maison Placements Canada Inc. |
|
$7,502.40 and 20,840 finder's warrants payable to Aran Asset Management SA |
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.
________________________________________
NEX COMPANIES
FIRE RIVER GOLD CORP. ("FAU.H")
BULLETIN TYPE: Suspend
BULLETIN DATE: November 4, 2015
NEX Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated October 20, 2015, effective at the opening Thursday, November 5, 2015, trading in the shares of the Company will be suspended for failure to maintain Exchange requirements.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
________________________________________
GALLERIA OPPORTUNITIES LTD. ("GOI.H")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: November 4, 2015
NEX Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated November 3, 2015, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Change of Business and/or Reverse Take-Over pursuant to TSXV Listings Policy 5.2
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.
________________________________________
NORTHERN ASPECT RESOURCES LTD. ("NTH.H")
BULLETIN TYPE: Halt
BULLETIN DATE: November 4, 2015
NEX Company
Effective at 10:17 a.m. PST, November 4, 2015, trading in the shares of the Company was halted at the request of the Company, pending news. 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.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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