VANCOUVER, Nov. 5, 2015 /CNW/ -
TSX VENTURE COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: November 4, 2015
TSX Venture Companies
A Cease Trade Order has been issued by the British Columbia Securities Commission on November 4, 2015 against the following companies for failing to file the documents indicated within the required time period:
Symbol |
Tier |
Company |
Failure to File |
Period |
Ending |
||||
(Y/M/D) |
||||
PP |
2 |
Pacific Potash Corporation |
a comparative financial statement |
|
as required under Part 4 of National |
||||
Instrument 51-102 Continuous |
||||
Disclosure Obligations (NI 51-102) |
||||
for its financial year ended |
15/06/30 |
|||
a Form 51-102F Management's |
||||
Discussion and Analysis as required |
||||
under Part 5 of NI 51-102 for the |
||||
period ended |
15/06/30 |
|||
UC |
2 |
UC Resources Ltd. |
a comparative financial statement |
|
as required under Part 4 of National |
||||
Instrument 51-102 Continuous |
||||
Disclosure Obligations (NI 51-102) |
||||
for its financial year ended |
15/06/30 |
|||
a Form 51-102F Management's |
||||
Discussion and Analysis as required |
||||
under Part 5 of NI 51-102 for the |
||||
period 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.
________________________________________
ALASKA HYDRO CORPORATION ("AKH")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 665,635 shares at $0.05 per share to settle outstanding debt for $33,281.75.
Number of Creditors: |
2 Creditors |
|||
Insider / Pro Group Participation: |
||||
Insider=Y / |
Amount |
Deemed Price |
||
Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
RWA Management Services Ltd. |
||||
(Robert Anderson) |
Y |
$3,550.00 |
$0.05 |
71,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
ARENA MINERALS INC. ("AN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 23, 2015:
Number of Shares: |
4,203,704 shares |
||
Purchase Price: |
$0.27 per share |
||
Number of Placees: |
2 Placees |
||
Insider / Pro Group Participation: |
|||
Insider=Y / |
|||
Name |
Pro-Group=P |
# of Shares |
|
Ross Beaty |
Y |
500,000 |
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.
________________________________________
ASIAMET RESOURCES LIMITED ("ARS")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced October 30, 2015:
Number of Shares: |
71,428,571 shares |
Purchase Price: |
CAD$0.028 per share |
Number of Placees: |
7 Placees |
Agent's Fee: |
Optiva Securities Limited will receive a fee of CAD$67,389 and 1,874,364 share purchase warrants that are exercisable into common shares at $0.05 per share for a two year 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
________________________________________
BARISAN GOLD CORPORATION ("BG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 30, 2015 and October 1, 2015:
Number of Shares: |
25,000,000 shares |
Purchase Price: |
$0.02 per share |
Number of Placees: |
64 Placees |
Finder's Fee: |
PI Financial Corp. - $4,200.00 |
LB Financial (Leon Van Dam) - $20,793.75 |
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.
________________________________________
BEE VECTORING TECHNOLOGIES INTERNATIONAL INC. ("BEE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the second and final tranche of a Non-Brokered Private Placement announced September 28, 2015:
Number of Shares: |
185,180 shares |
Purchase Price: |
$0.27 per share |
Number of Placees: |
2 Placees |
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.
________________________________________
BTL GROUP LTD. ("BTL")
[formerly Northern Aspect Resources Ltd. ("NTH.H")]
BULLETIN TYPE: Resume Trading, Qualifying Transaction-Completed/New Symbol, Private Placement-Brokered/Non-Brokered, Name Change, Graduation from NEX to TSX Venture
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
Resume Trading
Effective at the opening on Friday, November 6, 2015, the common shares of BTL Group Ltd. will commence trading on TSX Venture Exchange, and the common shares of Northern Aspect Resources Ltd. will be delisted.
Qualifying Transaction
TSX Venture Exchange has accepted for filing BTL Group Ltd.'s (formerly Northern Aspect Resources Ltd.) (the "Company") Qualifying Transaction described in its Filing Statement dated October 23, 2015. As a result, at the opening on Friday, November 6, 2015, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following:
The Qualifying Transaction consists of the arm's length acquisition of all shares of Blockchain Tech Ltd. ("BTL") for a consideration of 5,000,000 shares of the Resulting Issuer at a deemed price of $0.15 per share ($750,000) pursuant to a share exchange agreement dated August 31, 2015 among Northern Aspect Resources Ltd., BTL, and the shareholders of BTL.
For further information on the Qualifying Transaction, please refer to the Company's Filing Statement available on SEDAR.
The Exchange has been advised that the above transaction has been completed.
In addition, the Exchange has accepted for filing the following:
Private Placement-Brokered/Non-Brokered
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced August 11, 2015:
Number of Shares: |
$1,700,000 subscription receipts |
||
Purchase Price: |
$0.50 per subscription receipt |
||
Number of Placees: |
22 Placees |
||
Insider / Pro Group Participation: |
|||
Insider=Y / |
|||
Name |
ProGroup= |
# of Sub. Receipts |
|
Bamert & Partner AG (Harry David Dobson) |
Y |
150,000 |
|
Zila Corporation (Harry David Dobson) |
Y |
230,000 |
|
Michael Sutton |
Y |
80,000 |
|
Agent's Fee: |
Fosters & Associates Financial Services Inc. - $1,400 cash and 2,800 common shares. |
||
Beacon Securities Limited - $50,400 cash and 100,800 common shares. |
|||
Finder's Fee: |
M Partners Inc. - $51,191.26 cash. |
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.
Name Change
Pursuant to a resolution passed by shareholders on July 13, 2015, the Company has changed its name to BTL Group Ltd. There is no consolidation of capital.
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, November 6, 2015, 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 Calgary.
Effective at the opening on Friday, November 6, 2015, the common shares of BTL Group Ltd. will commence trading on TSX Venture Exchange, and the common shares of Northern Aspect Resources Ltd. will be delisted. The Company is classified as a ''Technology" company.
Capitalization: |
Unlimited |
shares with no par value of which |
14,484,900 |
shares are issued and outstanding |
|
Escrow: |
8,055,000 |
shares are subject to 36 months staged release escrow, |
5,000,000 |
of which are subject to a Tier 2 Value Security Escrow Agreement; |
|
and |
||
3,055,000 |
of which are subject to a CPC Escrow Agreement |
|
Transfer Agent: |
Computershare Trust Company of Canada |
|
Trading Symbol: |
BTL |
(NEW) |
CUSIP Number: |
055766 10 9 |
(NEW) |
Company Contact: |
Guy Halford-Thompson, CEO and Director |
|
Company Address |
c/o 1600, 421 7th Avenue SW, Calgary, AB T2P 4K9 |
|
Company Phone Number: |
+1 855 256 5246 |
|
Company Email Address: |
________________________________
CONTAGIOUS GAMING INC. ("CNS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing Share Purchase Agreements dated October 19, 2015 with Digitote Ltd. (Guenter Boyks) and Digitote Software GmbH Deutschland (Gabriele Knicker), collectively "Digitote", whereby the Company has agreed to acquire all of the issued and outstanding common shares of Digitote. In consideration, the Company will issue a total of 8,008,000 shares and pay an earn-out consideration of 1xEBITDA for each of the four years following the closing of the acquisition up to a cumulative total of €2,200,000.
________________________________________
COUGAR MINERALS CORP. ("COU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 1, 2015:
Number of Shares: |
9,300,000 shares |
||
Purchase Price: |
$0.05 per share |
||
Number of Placees: |
15 Placees |
||
Insider / Pro Group Participation: |
|||
Insider=Y / |
|||
Name |
Pro-Group=P |
# of Shares |
|
Cardey Management Corp. (Darryl Cardey) |
Y |
800,000 |
|
Ricky Chiu |
Y |
900,000 |
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.
________________________________________
DURANGO RESOURCES INC. ("DGO")
BULLETIN TYPE: Shares for Debt, Shares for Services
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
Shares for Debt
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,720,000 shares to settle outstanding debt for $86,000.
Number of Creditors: |
3 Creditors |
|||
Insider / Pro Group Participation: |
||||
Insider=Y / |
Amount |
Deemed Price |
||
Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
Stevenston Finance Inc. |
||||
(Marcy Kiesman) |
Y |
$60,000 |
$0.05 |
1,200,000 |
Kaizen Consulting Ltd. |
||||
(Veronica Liu) |
Y |
$19,000 |
$0.05 |
380,000 |
Thea Koshman |
Y |
$7,000 |
$0.05 |
140,000 |
Shares for Services
TSX Venture Exchange has accepted for filing the Company's proposal to issue 282,500 shares at a deemed price of $0.05, in consideration of certain services provided to the company pursuant to an agreement dated September 4, 2015.
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
ERGORESEARCH LTD. ("ERG")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has been advised by the Company that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated November 4, 2015, the Company may repurchase for cancellation up to 3,813,633 common shares of its own capital stock, representing approximately 5% of the Company's issued and outstanding shares. The purchases are to be made through the facilities of the Exchange during the period starting on November 11, 2015 to November 10, 2016. Purchases pursuant to the bid will be made by GMP Securities LP on behalf of the Company.
ERGORECHERCHE LTEE (" ERG ")
TYPE DU BULLETIN : Offre de rachat dans le cours normal des activités
DATE DU BULLETIN : Le 5 novembre 2015
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX (la « Bourse ») a été avisée qu'en vertu d'un avis d'intention de procéder à une offre de rachat dans le cours normal des activités datées du 4 novembre 2015, la société peut racheter pour fin d'annulation, jusqu'à 3 813 633 actions ordinaires de son capital-actions représentant environ 5 % des actions émises et en circulation de la société. Les achats seront effectués par l'entremise de la Bourse durant la période débutant le 11 novembre 2015 et se terminant le 10 novembre 2016. Les achats en vertu de l'offre seront effectués par le biais de GMP Securities LP.
________________________________________
GALILEO PETROLEUM LTD. ("GPL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 4, 2015:
Number of Shares: |
1,534,000 shares |
||
Purchase Price: |
$0.05 per share |
||
Number of Placees: |
5 Placees |
||
Insider / Pro Group Participation: |
|||
Insider=Y / |
|||
Name |
Pro-Group=P |
# of Shares |
|
David Hottman |
Y |
234,000 |
|
Pacific Opportunity Capital Ltd. (Mark Brown) |
Y |
500,000 |
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.
________________________________________
GENSOURCE POTASH CORPORATION ("GSP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 20, 2015:
Number of Shares: |
7,074,571 shares |
Purchase Price: |
$0.07 per share |
Warrants: |
3,537,285 share purchase warrants to purchase 3,537,285 shares |
Warrant Initial Exercise Price: |
$0.12 |
Warrant Term to Expiry: |
2 Years |
Number of Placees: |
4 Placees |
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.
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.
________________________________________
GRAPHITE ONE RESOURCES INC. ("GPH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement closed November 2, 2015:
Number of Securities: |
9,059,449 Units. Each Unit consists of one common share ("Share") and one common share purchase warrant ("Warrant"). Each full Warrant is exercisable for one Share at a price of $0.10 for three (3) years from closing date. |
|||
Purchase Price: |
$0.07 per Unit |
|||
Number of Placees: |
28 Placees |
|||
Insider / Pro Group Participation: |
||||
Insider=Y / |
||||
Name |
ProGroup=P |
# of Units |
||
Aggregate Pro Group |
||||
[1 Placee] |
P |
100,000 |
||
Agent's Fee: |
Canaccord Genuity Corp. – Cash payment of $5,516 and 78,800 Broker Warrants, exercisable at a price of $0.10 for three years |
|||
Haywood Securities – Cash payment of $1,540 and 22,000 Broker Warrants, exercisable at a price of $0.10 for three years |
||||
Dundee Capital Markets - Cash payment of $6,832 and 97,600 Broker Warrants, exercisable at a price of $0.10 for three years |
||||
JSB Enterprises (John Burdiga) - Cash payment of $2,016 and 28,800 Broker Warrants, exercisable at a price of $0.10 for three years |
||||
St. Peter Investment Group Inc. - Cash payment of $4,480 and 64,000 Broker Warrants, exercisable at a price of $0.10 for three years |
_______________________________________
KINGSWAY ARMS RETIREMENT RESIDENCES INC. ("KWA")
BULLETIN TYPE: Halt
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
Effective at 8:24 a.m. PST, November 5, 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.
________________________________________
MARIFIL MINES LIMITED ("MFM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Discretionary Waiver to Minimum Pricing Non-Brokered Private Placement announced "September 15, 2015 and September 16, 2015:
Number of Shares: |
10,000,000 shares |
||
Purchase Price: |
$0.01 per share |
||
Warrants: |
10,000,000 share purchase warrants to purchase 10,000,000 shares |
||
Warrant Exercise Price: |
$0.05 for a two year period, subject to an acceleration clause. |
||
$0.10 in the third, fourth and fifth years, subject to an acceleration clause. |
|||
Number of Placees: |
11 Placees |
||
Insider / Pro Group Participation: |
|||
Insider=Y / |
|||
Name |
ProGroup=P |
# of Shares |
|
Greg Burnett |
Y |
1,900,000 |
|
Roger Foster |
Y |
300,000 |
|
John Hite |
Y |
1,200,000 |
|
John Pearson |
Y |
250,000 |
|
Michael Sweatman |
Y |
250,000 |
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.
________________________________________
METALEX VENTURES LTD. ("MTX")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposed issuance of 125,000 shares at a deemed price of $0.06 per share, in consideration of certain services provided to the Company for the period ending October 31, 2015, pursuant to an Amended Deferred Share Unit Plan for Glenn Nolan dated September 13, 2013 and effective August 1, 2013.
The Company shall issue a news release when the shares are issued.
________________________________________
METALEX VENTURES LTD. ("MTX")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposed issuance of 125,000 shares at a deemed price of $0.06 per share, in consideration of certain services provided to the Company for the quarter ending July 31, 2015, pursuant to an Amended Deferred Share Unit Plan for Lorie Waisberg dated September 13, 2013 and effective August 1, 2013.
The Company shall issue a news release when the shares are issued.
________________________________________
MKANGO RESOURCES LTD. ("MKA")
BULLETIN TYPE: Private Placement-Non-Brokered, Correction
BULLETIN DATE: November 5, 2015
TSX Venture Tier 1 Company
Further to the TSX Venture Exchange Bulletin dated November 4, 2015, the Bulletin should have read as follows:
Finder's Fee: Jub Capital Limited - $11,900 cash, 2,436,000 finder's warrants, 1,960,000 finder's units, and 1,000,000 common shares for corporate advisory fee.
All other aspects of the bulletin remain the same.
________________________________________
NORAM VENTURES INC. ("NRM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Discretionary Pricing Waiver Non-Brokered Private Placement announced October 5, 2015:
Number of Shares: |
21,550,000 shares |
||
Purchase Price: |
$0.01 per share |
||
Warrants: |
21,550,000 share purchase warrants to purchase 21,550,000 shares |
||
Warrant Exercise Price: |
$0.05 for a two year period |
||
Number of Placees: |
14 Placees |
||
Insider / Pro Group Participation: |
|||
Insider=Y / |
|||
Name |
ProGroup=P |
# of Shares |
|
David Rees |
Y |
5,500,000 |
|
Kenneth Phillippe |
Y |
500,000 |
|
Hubert Barry Hemsworth |
Y |
1,000,000 |
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.]
________________________________________
OREX MINERALS INC. ("REX")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
Private Placement: |
|
# of Warrants: |
3,393,200 |
Original Expiry Date of Warrants: |
November 21, 2015 |
New Expiry Date of Warrants: |
November 21, 2017 |
Exercise Price of Warrants: |
$0.30 |
These warrants were issued pursuant to a private placement of 6,786,400 shares with 3,393,200 share purchase warrants attached, which was accepted for filing by the Exchange effective November 19, 2013.
________________________________________
SAINT JEAN CARBON INC. ("SJL")
BULLETIN TYPE: Halt
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
Effective at 6:50 a.m. PST, November 5, 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.
________________________________________
SAINT JEAN CARBON INC. ("SJL")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
Effective at 12:15 p.m., PST, November 5, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
SHOSHONI GOLD LTD. ("SHJ")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: November 5, 2015|
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated September 8, 2015, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission dated September 8, 2015 has been revoked
Effective at the opening, Friday, November 6, 2015, trading will be reinstated in the securities of the Company.
________________________________________
TOMAGOLD CORPORATION ("LOT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to an agreement dated October 26, 2015, in connection with the acquisition of up to 70% interest in 61 mineral claims of the Hazeur Property located in the Chibougamau region, in the Province of Québec, from Visible Gold Mines Inc. (the "Vendor"). The consideration payable by the Company consists of the payment in cash of $5,000, the issuance of 1,550,000 common shares and exploration work commitment of a total of $225,000 exploration expenditure over three years.
For further information, please refer to the Company's press release dated October 26, 2015.
CORPORATION TOMAGOLD (« LOT »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions|DATE DU BULLETIN : Le 5 novembre 2015
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents relativement à une convention d'acquisition datée du 26 octobre 2015, concernant l'acquisition par la société d'un intérêt de 70 % dans 61 claims miniers situés sur la propriété de « Hazeur » dans la région de Chibougamau dans la province du Québec. Les claims miniers sont acquis de la société Les Mines d'Or Visible inc. (le « vendeur »). La considération payable par la société sera de 5 000 $ en espèces, l'émission de 1 550 000 actions ordinaires et un engagement d'exécuter 225 000 $ de travaux d'exploration sur une période de trois ans.
Pour plus d'information, veuillez vous référer au communiqué de presse émis par la société le 26 octobre 2015.
________________________________
TOMAGOLD CORPORATION ("LOT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to an agreement dated October 23, 2015, in connection with the acquisition of 21 mineral claims of the Monster Island Property located in the Chibougamau region, in the Province of Québec, from Vanstar Mining Resources Inc. (the "Vendor"). The consideration payable by the Company consists of the payment in cash of $10,000 and the issuance of 200,000 common shares.
The Vendors will retain a 1.5% Net Smelter Royalty of which half may be repurchased for a sum of $750,000.
For further information, please refer to the Company's press release dated October 26, 2015.
CORPORATION TOMAGOLD (« LOT »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 5 novembre 2015
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents relativement à une convention d'acquisition datée du 23 octobre 2015, concernant l'acquisition par la société de 21 claims miniers situés sur la propriété de « Monster Island » dans la région de Chibougamau dans la province du Québec. Les claims miniers sont acquis de la société Ressources Minières Vanstar inc. (le « vendeur »). La considération payable par la société sera de 10 000 $ en espèces et l'émission de 200 000 actions ordinaires.
Le vendeur conservera une royauté « NSR » de 1,5 % dont la moitié peut être rachetée pour une somme de 750 000 $ par convention.
Pour plus d'information, veuillez vous référer au communiqué de presse émis par la société le 26 octobre 2015.
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VIRGINIA HILLS OIL CORP. ("VHO")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange accepts the Company's amendments to an amended and restated credit facility (the "Amended Credit Facility") between the Company and an arms length financial institution (the "Lender") whereby the Lender has been given the option to convert up to $4,000,000 of the outstanding debt (the "Debt") under the Amended Credit Facility into common shares of the Company ("Shares"). Upon receipt of a written notice from the Lender to convert all or a portion of the Debt, the Company will issue Shares at a deemed price of the greater of the Market Price at the time of issuance, or $0.30 per Share.
For further information, please refer to the Company's press release dated April 27, 2015
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VIRGINIA HILLS OIL CORP. ("VHO")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 5, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue common shares of the Company ("Shares") to pay for the severance obligations of an aggregate of $614,768 (the "Executive Severance") of certain executive officers of Dolomite Energy Inc. ("Dolomite") in connection with the Company's acquisition of Dolomite (the "Acquisition").
983,624 Shares will be issued at a deemed price of $0.25 per Share and the remainder (the "Additional Shares") to be issued on the first anniversary of the date of the Acquisition (as defined below) to four individuals (collectively, the "Creditors") in lieu of cash. The Exchange understands that the Additional Shares may be issued at the option of the Creditors to satisfy all or a portion of the remainder of the Executive Severance at a deemed price of the greater of $0.30 and the Market Price at the time of issuance.
Number of Creditors: |
4 Creditors |
Insider / Pro Group Participation: |
None |
Warrants: |
None |
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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