VANCOUVER, June 18 /CNW/ -
TSX VENTURE COMPANIES
ADVENTURE GOLD INC. ("AGE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 18, 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 21, 2010:
Number of Shares: 4,200,000 common shares
Purchase Price: $0.18 per common share
Warrants: 2,100,000 warrants to purchase 2,100,000 common
shares
Warrant Exercise Price: $0.27 for a 24-month period following the
closing of the Private Placement
Placees: 14 placees
Finder's Fee: Windermere Capital Inc. received an aggregate of
$53,280 in cash, as well as 370,000 warrants,
respectively. Each warrant entitles the holder
to purchase one common share of the Company at a
price of $0.18 per common share for a 24-month
period following the closing of the Private
Placement.
The Company has confirmed the closing of the Private Placement by way of a
news release issued on April 21, 2010.
ADVENTURE GOLD INC. ("AGE")
TYPE DE BULLETIN: Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 18 juin 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 21
avril 2010 :
Nombre d'actions : 4 200 000 actions ordinaires
Prix : 0,18 $ par action ordinaire
Bons de souscription : 2 100 000 bons de souscription permettant de
souscrire à 2 100 000 actions ordinaires.
Prix d'exercice des bons : 0,27 $ pendant les 24 mois suivant la clôture
du placement privé.
Souscripteurs : 14 souscripteurs
Honoraires
d'intermédiation : Windermere Capital inc. ont reçu un total de
53 280 $ en espèces ainsi que 370 000 bons de
souscription, respectivement. Chaque bon de
souscription permet au titulaire de souscrire
à une action ordinaire de la société au prix
de 0,18 $ l'action pendant les 24 mois
suivant la clôture du placement privé.
La société a confirmé la clôture du placement privé par voie de communiqué
de presse émis le 21 avril 2010.
TSX-X
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AGRIMARINE HOLDINGS INC. ("FSH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 18, 2010
TSX Venture Tier 2 Company
THIRD TRANCHE:
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 1, 2010, April 12, 2010 and
April 20, 2010:
Number of Shares: 2,500,000 shares
Purchase Price: $0.20 per share
Warrants: 1,250,000 share purchase warrants to purchase
1,250,000 shares
Warrant Exercise Price: $0.30 for a two year period
Number of Placees: 1 placee
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Alpha North Asset
Management
(Steven Palmer) Y 2,500,000
Finder's Fee: n/a
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
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BOWOOD ENERGY INC. ("BWD")
(formerly Roadrunner Oil & Gas Inc. ("ROA"))
BULLETIN TYPE: Name Change
BULLETIN DATE: June 18, 2010
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders June 9, 2010, the Company
has changed its name as follows. There is no consolidation of capital.
Effective at the opening Monday, June 21, 2010, the common shares of
Bowood Energy Inc. will commence trading on TSX Venture Exchange, and the
common shares of Roadrunner Oil & Gas Inc. will be delisted. The Company is
classified as an "Oil and Gas Exploration" company.
Capitalization: Unlimited shares with no par value of which
186,233,373 shares are issued and outstanding
Escrow: N/A Escrowed Shares
Transfer Agent: Olympia Trust Company
Trading Symbol: BWD (new)
CUSIP Number: 103066 10 6 (new)
TSX-X
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CHARTER REAL ESTATE INVESTMENT TRUST ("CRH.RT")
BULLETIN TYPE: Rights Offering-Units
BULLETIN DATE: June 18, 2010
TSX Venture Tier 1 Company
The Trust has announced it will offer to Unitholders of record at June 30,
2010, Rights to purchase Units of the Trust. One (1) Right will be issued for
each Unit held. Every 2.5787 Rights and $1.39 are required to purchase one
Unit. As at June 15, 2010, the Trust had 18,552,040 Units issued and
outstanding.
Effective at the opening Monday, June 28, 2010, the Units of the Trust
will trade Ex-Rights and the Rights will commence trading at that time on a
'when-issued basis'. The Trust is classified as a 'Real Estate' company.
Summary:
Basis of Offering: 2.5787 Rights exercisable for One
(1) Unit at $1.39 per Unit.
Record Date: June 30, 2010
Units Trade Ex-Rights: June 28, 2010
Rights Called for Trading: June 28, 2010
Rights Trade for Cash: July 20, 2010
Rights Expire: July 23, 2010
Rights Trading Symbol: CRH.RT
Rights CUSIP Number: 16132Y 11 0
Subscription Agent and Trustee: Computershare Investor Services Inc.
Authorized Jurisdiction(s): each of the provinces and
territories of Canada
For further details, please refer to the Trust's Short Form Prospectus
Offering dated June 16, 2010.
The Trust's Prospectus Offering has been filed with and accepted by the
securities commissions of each of the provinces and territories of Canada
pursuant to the provisions of the respective Securities Acts.
TSX-X
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CYTIVA SOFTWARE INC. ("CRX")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: June 18, 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: 700,000
Original Expiry Date of Warrants: June 4, 2010
New Expiry Date of Warrants: December 29, 2010
Exercise Price of Warrants: $0.60
These warrants were issued pursuant to a private placement of 700,000
shares with 700,000 share purchase warrants attached, which was accepted for
filing by the Exchange effective May 28, 2008.
TSX-X
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DIANOR RESOURCES INC. ("DOR")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: June 18, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation relating to an
amended Property Acquisition Agreement dated March 16, 2009 and March 30, 2010
whereby the terms of a previous agreement dated March 25, 2006 have been
amended so that in lieu of making respective cash payments of $30,000 and
$50,000 on the Killala Lake East Property (the "Property") on March 25, 2009
and March 25, 2010, the Company issued 407,254 common shares in respect of the
March 25, 2009 payment, and must issue a further 538,677 common shares in
respect of the March 25, 2010 payment. Further, the required amount of
exploration expenditures on the Property has been reduced to $102,934 from
$164,733, and the time required to carry-out these expenditures has been
increased from a deadline of March 25, 2011 to March 30, 2014.
The following terms have not been changed:
The Vendors retain a 3% gross overriding royalty ("GOR") with respect to
any diamonds extracted from the Property, of which one-half (1.5%) may be
repurchased for $2,500,000. The Company also maintains a right of first
refusal regarding the remaining 1.5% GOR, in the case where the Vendor wishes
to sell it.
The Vendor also retains a 2% Net Smelter Royalty ("NSR") on the Property,
one-half (1%) of which may be repurchased by the Company for $1,000,000.
The Company also will pay a bonus of 25,000 common shares upon the
recovery of 10 diamonds from each kimberlite or other distinct diamond bearing
rock up to three separate occurrences for the issuance of an aggregate of
75,000 common shares.
For further information please refer to the company's news release dated
April 20, 2010.
RESSOURCES DIANOR INC. ("DOR")
TYPE DE BULLETIN : Convention amendé d'achat de propriété, d'actif ou
d'actions
DATE DU BULLETIN : Le 18 juin 2010
Société du groupe 1 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents en vertu d'un
contrat d'acquisition amendé daté du 16 mars 2009 et du 30 mars 2010 selon
lequel les termes d'une entente précédente, datée du 25 mars 2006, ont été
amendés afin qu'au lieu d'effectuer les paiements en espèces respectifs de 30
000 $ et 50 000 $ les 25 mars 2009 et 2010 sur la propriété de "Killala Lake
East", la société a émis 407 254 actions ordinaires en vertu du paiement qui
était dû le 25 mars 2009 et doit émettre 538 677 actions ordinaires
additionnelles en vertu du paiement qui a était dû le 25 mars 2010. De plus,
le montant anciennement requis concernant les travaux d'exploration a été
réduit de 164 733 $ à 102 934 $ et la date d'échéance pour effectuer ces
travaux a été extensionée jusqu'au 30 mars 2014 (originalement le 25 mars
2011).
Les termes suivants n'ont pas été modifiés :
La propriété est sujette à une redevance de 3 % sur la production brute de
diamants, à l'égard de laquelle la société bénéficie d'une option lui
permettant d'acquérir 1,5 % de la redevance sur la production brute de
diamants pour 2 500 000 $. De plus, la société détient un droit de premier
refus sur le dernier 1,5 % de la redevance sur la production brute de diamants
du vendeur dans l'éventualité où celui-ci décide de s'en départir.
En outre, la propriété est sujette à une redevance de 2 % des revenus nets
de fonderie visant des minéraux et métaux non-diamantifère découverts sur la
propriété, à l'égard de laquelle la société bénéficie d'une option lui
permettant d'acquérir 1 % de la redevance des revenus nets de fonderie pour 1
000 000 $.
La société s'engage aussi de verser aux vendeurs un bonus de découverte de
25 000 actions ordinaires pour chaque récupération de dix diamants à partir de
chaque kimberlite ou toute autre formation géologique diamantifère, jusqu'à
concurrence d'un maximum de trois découvertes.
Pour plus d'information, veuillez référer au communiqué de presse émis par
la société le 20 avril 2010.
TSX-X
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DIANOR RESOURCES INC. ("DOR")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: June 18, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation relating to an
amended Property Acquisition Agreement dated March 16, 2009 and March 30, 2010
whereby the terms of a previous agreement dated March 25, 2006 have been
amended so that in lieu of making respective cash payments of $25,000 and
$35,000 on the Killala Lake South Property (the "Property") on March 25, 2009
and March 25, 2010, the Company issued 339,379 common shares in respect of the
March 25, 2009 payment and must issue a further 377,074 common shares in
respect of the March 25, 2010 payment. Further, the required amount of
exploration expenditures on the Property has been reduced to $164,733 from
$364,733, and the time required to carry-out these expenditures has been
increased from a deadline of March 25, 2011 to March 30, 2014.
The following terms have not been changed:
The Vendors retain a 3% gross overriding royalty ("GOR") with respect to
any diamonds extracted from the Property, of which one-half (1.5%) may be
repurchased for $2,500,000. The Company also maintains a right of first
refusal regarding the remaining 1.5% GOR, in the case where the Vendor wishes
to sell it.
The Vendor also retains a 2% Net Smelter Royalty ("NSR") on the Property,
one-half (1%) of which may be repurchased by the Company for $1,000,000.
The Company also will pay a bonus of 25,000 common shares upon the
recovery of 10 diamonds from each kimberlite or other distinct diamond bearing
rock up to three separate occurrences for the issuance of an aggregate of
75,000 common shares.
For further information please refer to the company's news release dated
April 20, 2010.
RESSOURCES DIANOR INC. ("DOR")
TYPE DE BULLETIN : Convention amendé d'achat de propriété, d'actif ou
d'actions
DATE DU BULLETIN : Le 18 juin 2010
Société du groupe 1 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents en vertu d'un
contrat d'acquisition amendé daté du 16 mars 2009 et du 30 mars 2010 selon
lequel les termes d'une entente précédente, datée du 25 mars 2006, ont été
amendés afin qu'au lieu d'effectuer les paiements en espèces respectifs de 25
000 $ et 35 000 $ les 25 mars 2009 et 25 mars 2010 sur la propriété de
"Killala Lake South", la société a émis 339 379 actions ordinaires en vertu du
paiement qui était dû le 25 mars 2009 et doit émettre 377 074 actions
ordinaires additionnelles en vertu du paiement qui était dû le 25 mars 2010.
De plus, le montant anciennement requis concernant les travaux d'exploration a
été réduit de 364 733 $ à 164 733 $ et la date d'échéance pour effectuer ces
travaux a été extensionée jusqu'au 30 mars 2014 (originalement le 25 mars
2011).
Les termes suivants n'ont pas été modifiés :
La propriété est sujette à une redevance de 3 % sur la production brute de
diamants, à l'égard de laquelle la société bénéficie d'une option lui
permettant d'acquérir 1,5 % de la redevance sur la production brute de
diamants pour 2 500 000 $. De plus, la société détient un droit de premier
refus sur le dernier 1,5 % de la redevance sur la production brute de diamants
du vendeur dans l'éventualité où celui-ci décide de s'en départir.
En outre, la propriété est sujette à une redevance de 2 % des revenus nets
de fonderie visant des minéraux et métaux non-diamantifère découverts sur la
propriété, à l'égard de laquelle la société bénéficie d'une option lui
permettant d'acquérir 1 % de la redevance des revenus nets de fonderie pour 1
000 000 $.
La société s'engage aussi de verser aux vendeurs un bonus de découverte de
25 000 actions ordinaires pour chaque récupération de dix diamants à partir de
chaque kimberlite ou toute autre formation géologique diamantifère, jusqu'à
concurrence d'un maximum de trois découvertes.
Pour plus d'information, veuillez référer au communiqué de presse émis par
la société le 20 avril 2010.
TSX-X
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EDGEWATER EXPLORATION LTD. ("EDW")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Private
Placement-Non-Brokered
BULLETIN DATE: June 18, 2010
TSX Venture Tier 2 Company
1. Property-Asset or Share Purchase Agreement:
TSX Venture Exchange has accepted for filing an Option Agreement (the
"Agreement") between Edgewater Exploration Ltd. (the "Company") and Red Back
Mining Inc. ("Red Back"), pursuant to which Edgewater will acquire an option
(the "Option") to earn an undivided 51% interest in Red Back's legal and
beneficial ownership in the Enchi Gold Project, Ghana, West Africa (the
"Project"), representing a 45.9% direct interest in the Project taking into
account the 10% project interest held by the Government of Ghana.
Option Terms
To earn 51% of Red Back's ownership in the Enchi Project licenses (45.9%
direct interest in the Project) Edgewater is required to spend a total of
C$5.0 million on work expenditures on the Enchi Gold Project within 26 months
of the closing of the transaction ("Closing") with C$2.0 million required to
be spent within 14 months of Closing. Once Edgewater has completed a total of
C$5.0 million in work expenditures on the Project within 26 months, Edgewater
will have earned and vested in a 51% interest in Red Back's ownership of the
Project and a joint venture company ("JVCO") will be formed. The initial share
ownership in JVCO will be as follows:
- Edgewater 45.9%;
- Red Back 44.1%; and,
- Ghana Government 10.0%
Once the JVCO is formed, Red Back and Edgewater will share all future
exploration and development expenditures pro-rata. Edgewater will be Operator
of the Project during the Option period. Once a joint venture is formed,
Edgewater will continue to be the Operator as long as the Company holds the
largest equity stake in JVCO.
The Option Agreement is subject to the approval of the Minister of Mines
of Ghana.
Bonus Warrants
As additional consideration for the Option, Edgewater will issue to Red
Back 2,500,000 common share purchase warrants exercisable at $0.50 per common
share and 2,500,000 common share purchase warrants (collectively the
"Warrants") exercisable at $1.00 per common share. The Warrants will all be
exercisable for five years and will only be exercisable by Red Back if
Edgewater is able to delineate at least 3.0 million National Instrument 43-101
compliant ounces of gold in the Measured and Indicated resource categories on
the Project.
Finders Fee
A Finders Fee of 565,000 common shares will be issued to Featherstone
Capital Advisors Inc. ("Featherstone") in connection with the Option agreement
with Red Back. The common shares to be issued as the finder's fee will be
released to Featherstone as exploration work is completed on the Project.
Featherstone is engaged as financial and capital markets advisers to Edgewater
Insider/Pro Group Participation: N/A
For further information please read the Company's news release dated May
5, 2010 available on SEDAR.
2. Private Placement-Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced May 5, 2010:
Number of Shares: 6,000,000 shares
Purchase Price: $0.50 per share
Warrants: 3,000,000 share purchase warrants to purchase
3,000,000 shares
Warrant Exercise Price: $0.76 for a one year period
Number of Placees: 15 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Darren Wallace P 30,000
Finder's Fee: $150,000 cash payable to Cormark 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. 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
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FOREST GATE ENERGY INC. ("FGE")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 18, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 615,384 common shares at a deemed issue price of $0.13 per share, to
settle outstanding debts in the aggregate of $80,000, as announced in the
Company's press release dated June 2, 2010.
Number of Creditors: 2 creditors
The Company will issue a press release when the shares are issued and the
debt is extinguished.
FOREST GATE ENERGY INC. ("FGE")
TYPE DE BULLETIN : Émission d'actions en règlement d'une dette
DATE DU BULLETIN : Le 18 juin 2010
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation de la
société en vertu de l'émission proposée de 615 384 actions ordinaires au prix
de 0,13 $ l'action en règlement d'une dette totalisant 80 000 $, tel
qu'annoncé par la société le 2 juin 2010 en vertu d'un communiqué de presse.
Nombre de créanciers : 2 créanciers
La société émettra un communiqué de presse quand les actions seront émises
et la dette éteinte.
TSX-X
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FTI FOODTECH INTERNATIONAL INC. ("FTI")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 18, 2010
TSX Venture Tier 2 Company
Effective at market open, Monday June 21, 2010, shares of the Company
resumed trading, after FTI Foodtech International Inc. ("FTI"), announced that
the proposed RTO of FTI by Enermine Resources Corporation ("Enermine"), of
Vancouver, BC, and Sedco Mining Corporation ("Sedco"), of Vancouver, BC has
been terminated due to the inability of Enermine and Sedco to arrange
financing.
For further information please read FTI's news release dated May 27, 2010
available on SEDAR.
TSX-X
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GEM INTERNATIONAL RESOURCES INC. ("GI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 18, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced March 26, 2010:
Number of Shares: 2,850,000 shares
Purchase Price: $0.15 per share
Warrants: 2,850,000 share purchase warrants to purchase
2,850,000 shares
Warrant Exercise Price: $0.32 for a five year period
Number of Placees: 16 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Cathy Lin Y 25,000
Laura Wait P 150,000
Finder's Fee: $31,575 payable to Li Wei
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
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GEM INTERNATIONAL RESOURCES INC. ("GI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 18, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement dated
March 23, 2010 (the "Agreement") between Gem International Resources Inc. (the
"Company") and Musadik Mohamed Ally and Najua Kassira (collectively the
"Vendors"), pursuant to which the Company may acquire a 70-per-cent interest
in certain diamond claims in the Shinyanga region of Tanzania (the
"Property"). The Property consists of 109 Primary Mining Licenses covering a
total area of 2,743 acres.
Aggregate consideration payable by the Company to the Vendors for the
acquisition is:
- a cash payment of $300,000;
- incurring exploration expenditures of $1.5-million on the Property
over a three-year period ($350,000 within the first year);
- the issuance of 1,000,000 common shares from treasury upon completion
of this transaction; and
- the Vendors retain a 3-per-cent gross overriding royalty, up to 1 per
cent of which may be purchased by the Company for $5-million.
Finder's Fee: In addition to the above, the Company has agreed
to issue an aggregate of 221,341 common shares
to Hakol Partners Inc. as a finder's fee in
stages tied to the aggregate expenditures noted
above.
Insider/Pro Group Participation: N/A
TSX-X
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LATEEGRA GOLD CORP. ("LRG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 18, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing, a Share Exchange Agreement
dated August 20, 2009 (and as amended pursuant to an Amendment Agreement dated
May 31, 2010) between the Company and Zorin Industries Inc. whereby the
Company is acquiring all of the shares of Zorin Industries Inc. which, in
turn, has an option to acquire 7 mineral claims located in the Satterly Lake
area, Red Lake Mining Division, Ontario. As consideration, the Company will be
issuing 2,000,000 common shares at a deemed price of $0.29 per share. The
transaction is at arm's length.
Insider/Pro Group Participation: N/A
TSX-X
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MIDWAY GOLD CORP. ("MDW")
BULLETIN TYPE: Prospectus-Unit Offering
BULLETIN DATE: June 18, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted the Company's Prospectus Supplements
dated June 10, 2010 to the Company's Short Form Base Shelf Prospectus dated
May 4, 2010 (that was filed with and accepted by TSX Venture Exchange, and
filed with and receipted by the British Columbia Securities Commission
effective May 6, 2010), pursuant to the provisions of the British Columbia
Securities Act.
TSX Venture Exchange has been advised that closing occurred on June 16,
2010, for gross proceeds of $6,647,200.00.
Agent: Haywood Securities Inc.
Offering: 11,078,666 units of which 9,412,000 units are
issued pursuant to a Non-Brokered Offering and
the remaining 1,666,666 units are issued
pursuant to a Brokered Offering. Each unit
consisting of one share and one-half of a share
purchase warrant. One whole warrant is
exercisable into one common share.
Unit Price: $0.60 per unit
Warrant Exercise
Price/Term: $0.80 per share for a term of 24 months.
Agents' Warrants: 658,840 non-transferable warrants exercisable to
purchase one share at $0.80 per share for a term
of 24 months.
TSX-X
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MUSTANG MINERALS CORP. ("MUM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 18, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a
property option agreement (the "Agreement") dated April 30, 2010, between
Mustang Minerals Corp. (the "Company") and Robert Zeemel (the "Vendor").
Pursuant to the Agreement, the Company can earn a 100% interest (subject to a
2% Net Smelter Return Royalty) in the mining lease ML-024 covering 84.99
hectares more or less (the "Property") located in the Euclid Lake area in
Manitoba.
As consideration, the Company must pay $10,000 and issue 100,000 common
shares to the Vendor in the first year. For the option to vest over the next
two years, the Company must pay $15,000 and issue 100,000 common shares in
year 2 and $20,000.00 and issue 100,000 common shares in year 3.
The Company shall have the right to purchase 1.5% of the 2% Net Smelter
Return Royalty at any time for $600,000.
For further information, please refer to the Company's press release dated
June 14, 2010.
TSX-X
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NEW NADINA EXPLORATIONS LIMITED ("NNA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 18, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced May 4, 2010:
Number of Shares: 1,557,000 shares
Purchase Price: $0.10 per share
Warrants: 1,557,000 share purchase warrants to purchase
1,557,000 shares
Warrant Exercise Price: $0.10 for a one year period
$0.15 in the second year
Number of Placees: 3 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. 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
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NORTHERN SUPERIOR RESOURCES INC. ("SUP")
BULLETIN TYPE: Halt
BULLETIN DATE: June 18, 2010
TSX Venture Tier 2 Company
Effective at 6:13 a.m. PST, June 18, 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
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ORBITE V.S.P.A. INC. (EXPLORATION) ("ORT.A")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: June 18, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted to extend the expiry date of the
following warrants:
Number of Warrants: 12,500,000
Original Expiry Date of Warrants: June 26, 2009
New Expiry Date of Warrants: June 26, 2011
Exercise Price of Warrants: $0.20
These warrants were issued under a private placement including a total of
12,500,000 shares and 12,500,000 warrants, which was accepted for filing by
TSX Venture Exchange, effective on July 8, 2008.
ORBITE V.S.P.A. INC. (EXPLORATION) ("ORT.A")
TYPE DE BULLETIN: Prolongation des bons de souscription
DATE DU BULLETIN: Le 18 juin 2010
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté de prolonger la date d'échéance des
bons de souscription suivants :
Nombre de bons : 12 500 000
Date initiale d'échéance des bons : Le 26 juin 2009
Nouvelle date d'échéance des bons : Le 26 juin 2011
Prix d'exercice des bons : 0,20 $
Ces bons ont été émis en vertu d'un placement privé comprenant 12 500 000
actions et 12 500 000 bons de souscription, tel qu'accepté par Bourse de
croissance TSX le 8 juillet 2008.
TSX-X
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PACIFIC COMOX RESOURCES LTD. ("PCM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 18, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced June 16, 2010:
Number of Shares: 5,000,000 shares
Purchase Price: $0.05 per share
Warrants: 5,000,000 share purchase warrants to purchase
5,000,000 shares
Warrant Exercise Price: $0.10 for a five year period
Number of Placees: 3 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Andrew Gustajtis P 1,000,000
Donald Empey Y 2,000,000
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has
issued a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s).
TSX-X
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PREMIUM EXPLORATION INC. ("PEM")
BULLETIN TYPE: Halt
BULLETIN DATE: June 18, 2010
TSX Venture Tier 2 Company
Effective at 12:45 p.m. PST, June 18, 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
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PRO-OR INC. (RESSOURCES MINIERES) ("POI")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: June 18, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted to extend the expiry date of the
following warrants:
Number of Warrants: 1,500,000
Original Expiry Date of Warrants: June 26, 2008 and extended to
June 26, 2009, then to June 26,
2010, as accepted for filing by the
TSX Venture Exchange on June 16,
2008, and June 15, 2009,
respectively
New Expiry Date of Warrants: June 26, 2011
Exercise Price of Warrants: $0.80
These warrants were issued under a private placement including a total of
1,500,000 shares and 1,500,000 warrants, which was accepted for filing by TSX
Venture Exchange, effective on July 4, 2007.
RESSOURCES MINIÈRES PRO-OR INC. ("POI")
TYPE DE BULLETIN: Prolongation des bons de souscription
DATE DU BULLETIN: Le 18 juin 2010
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté de prolonger la date d'échéance des
bons de souscription suivants :
Nombre de bons : 1 500 000
Date initiale d'échéance des bons : Le 26 juin 2008 et prolongé jusqu'au
26 juin 2009 et ensuite jusqu'au
26 juin 2010, tel qu'accepté par la
Bourse de croissance TSX le 16 juin
2008 et le 15 juin 2009.
Nouvelle date d'échéance des bons : Le 26 juin 2011
Prix d'exercice des bons : 0,80 $
Ces bons ont été émis en vertu d'un placement privé comprenant 1 500 000
actions et 1 500 000 bons de souscription, tel qu'accepté par Bourse de
croissance TSX le 4 juillet 2007.
TSX-X
----------------------------------
RADIUS GOLD INC. ("RDU")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: June 18, 2010
TSX Venture Tier 2 Company
Further to the bulletin dated June 17, 2010, TSX Venture Exchange has
accepted an amendment to a Non-Brokered Private Placement announced May 25,
2010 and May 31, 2010. The amendment adds another insider placee. All other
terms are unchanged:
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Simon Ridgway Y 1,000,000
Mario Szotlender Y 478,571
Gary Winters P 30,000
Richard Cohen P 100,000
Bradford Cooke Y 50,000
TSX-X
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RAPID BRANDS INC. ("RAP.H")
(formerly Rapid Brands Inc. ("RAP"))
BULLETIN TYPE: Property-Asset or Share Disposition Agreement, Transfer
and New Addition to NEX, Symbol Change
BULLETIN DATE: June 18, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a
Share Purchase Agreement, dated April 19, 2010, between Rapid Brands Inc. (the
"Company"), Roger Block, Block Capital Partners LLC (the "Purchaser") and
Rapid Refill Corp. - a wholly-owned operating subsidiary of the Company,
whereby the Company has agreed to sell to the Purchaser all of the issued and
outstanding shares of Rapid Refill Corp.
Total consideration given in exchange for the shares and the assumption of
debt is a cash payment of US$350,000 (subject to certain adjustments) and a
US$650,000, 5%, secured promissory note that matures on June 15, 2015.
In accordance with TSX Venture Policy 2.5, the Company has not maintained
the requirements for a TSX Venture Tier 2 company. Therefore, effective at the
opening Monday, June 21, 2010, the Company's listing will transfer to NEX, the
Company's Tier classification will change from Tier 2 to NEX, and the Filing
and Service Office will change from Toronto to NEX.
As of June 21, 2010, the Company is subject to restrictions on share
issuances and certain types of payments as set out in the NEX policies.
The trading symbol for the Company will change from RAP to RAP.H. There is
no change in the Company's name, no change in its CUSIP number and no
consolidation of capital. The symbol extension differentiates NEX symbols from
Tier 1 or Tier 2 symbols within the TSX Venture market.
TSX-X
----------------------------------
REGENT PACIFIC PROPERTIES INC. ("RPP.P")
BULLETIN TYPE: Notice - QT Not Completed - Approaching 24 Months of
Listing
BULLETIN DATE: June 18, 2010
TSX Venture Tier 2 Company
The shares of the Company were listed on TSX Venture Exchange on July 17,
2008. The Company, which is classified as a Capital Pool Company ('CPC'), is
required to complete a Qualifying Transaction ('QT') within 24 months of its
date of listing, in accordance with Exchange Policy 2.4.
The records of the Exchange indicate that the Company has not yet
completed a QT. If the Company fails to complete a QT by its 24-month
anniversary date of July 19, 2010, the Company's trading status may be changed
to a halt or suspension without further notice, in accordance with Exchange
Policy 2.4, Section 14.6.
TSX-X
----------------------------------
ROCMEC MINING INC. ("RMI")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture
BULLETIN DATE: June 18, 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 May 31, 2010.
Convertible Debenture: $1,380,000
Conversion Price: Principal of $1,380,000 is convertible into
common shares at a conversion price equal to
$0.10 per common share.
Warrants: 13,800,000 warrants to purchase 13,800,000
common shares
Warrants Exercise Price: $0.10 per share for a period of 24 months
following the closing of the Private Placement.
Maturity date: May 21, 2012
Interest Rate: 9% on a total debenture amount of $1,500,000
Number of Placees: 1 placee
Financing Fee: The Investor has received a fee $120,000 which
has been added to the principal amount of
$1,380,000, raising the face value to $1,500,000
The Company has announced the closing of the transaction by way of press
releases.
CORPORATION MINIÈRE ROCMEC INC. ("RMI")
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier,
Débenture convertible
DATE DU BULLETIN : Le 18 juin 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 31 mai
2010.
Débentures convertibles : 1 380 000 $
Prix de conversion : Le capital d'un montant de 1 380 000 $ est
convertible en actions ordinaires au prix de
0,10 $ par action ordinaire
Bons de Souscription : 13 800 000 bons permettant d'acquérir
13 800 000 actions ordinaires
Prix d'exercice des bons : 0,10 $ l'action pendant une période 24 mois
suivant la clôture du placement privé
Date d'échéance : Le 21 mai 2012
Taux d'intérêt : 9 % sur une débenture totalisant 1 500 000 $
Nombre de souscripteurs : 1 souscripteur
Honoraires de financement : L'investisseur a reçu des honoraires de
120 000 $ qui ont été ajoutés au montant
principal de 1 380 000 $ pour une valeur
nominale totale de 1 500 000 $
La société a confirmé la clôture de l'opération par voie de communiqués de
presse.
TSX-X
----------------------------------
SGX RESOURCES INC. ("SXR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 18, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for expedited filing documentation
pertaining to an Option Agreement dated May 11, 2010 between SGX Resources
Inc. (the 'Company') and the optionors, James Croxall, Margaret Kangas, Dennis
Miller, Larry Salo and John Bryant, pursuant to which the Company has an
option to acquire a 100% interest in 36 mineral claims located in the Timmins,
Ontario area. The total consideration is $106,000 and 443,000 shares as
follows:
DATE CASH SHARES CUMULATIVE
WORK EXPENDITURES
On approval $31,000 49,000 nil
On or before first anniversary $18,000 48,000 nil
On or before second anniversary $25,000 84,000 nil
On or before third anniversary $50,000 262,000 nil
In addition, the optionors retain a 2% net smelter return royalty.
TSX-X
----------------------------------
TOTEM MINERALS INC. ("TTM")
BULLETIN TYPE: Halt
BULLETIN DATE: June 18, 2010
TSX Venture Tier 2 Company
Effective at 12:49 p.m. PST, June 18, 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
----------------------------------
UNIVERSAL POWER CORP. ("UNX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 18, 2010
TSX Venture Tier 2 Company
Effective at 8:15 a.m. PST, June 18, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.
TSX-X
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NEX COMPANIES
LAGASCO CORP. ("LCO")
(formerly Lagasco Corp. ("LCO.H"))
BULLETIN TYPE: Graduation from NEX to TSX Venture, Symbol Change, Private
Placement-Non-Brokered
BULLETIN DATE: June 18, 2010
NEX Company
1. Graduation from NEX to TSX Venture, Symbol Change
The Company has met the requirements to be listed as a TSX Venture Tier 2
Company. Therefore, effective at market opening Monday, June 21, 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.
Effective at the opening Monday, June 21, 2010, the trading symbol for the
Company will change from "LCO.H" to "LCO".
Capitalization: Unlimited common shares with no par value of
which
42,313,938 common shares are issued and
outstanding
Escrow: Nil common shares
2. Private Placement-Non-Brokered
TSX Venture Exchange has accepted for filing documentation with respect to
the first tranche of a Non-Brokered Private Placement announced May 13, 2010:
Number of Shares: 6,000,000 shares
Purchase Price: $0.20 per share
Warrants: 3,000,000 share purchase warrants to purchase
3,000,000 shares
Warrant Exercise Price: $0.35 for a one year period
Number of Placees: 16 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Leigh Freeman Y 1,000,000
Finder's Fee: $48,600 cash and 243,000 Agent's Options payable
to Quarry Bay Equity Inc. Each Agent's Option is
exercisable into one common share at a price of
$0.35 per common share for a period of 12
months; and,
$10,200 cash and 51,000 Agent's Options payable
to Bob Scrannage.
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
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For further information: Market Information Services at 1-888-873-8392, or email: [email protected]
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