VANCOUVER, July 13 /CNW/ -
TSX VENTURE COMPANIES:
ALSTON VENTURES INC. ("ALO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 13, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
the first tranche of a Non-Brokered Private Placement announced May 25, 2010:
Number of Shares: 2,576,400 shares
Purchase Price: $0.23 per share
Warrants: 1,288,200 share purchase warrants to purchase
1,288,200 shares
Warrant Exercise Price: $0.30 for a two year period
Number of Placees: 33 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P No. of Shares
Greg Amor Y 25,000
Brenda Jaw P 45,000
Clive Stockdal P 100,000
Finders' Fees: $25,539.20 cash and 111,040 broker warrants
exercisable at $0.30 for one year payable to
Canaccord Genuity Corp.
$798.56 cash and 3,472 broker warrants (same
terms as above) payable to Macquarie Private
Wealth Inc.
$828 cash and 3,600 broker warrants (same terms
as above) payable to Leede Financial Markets
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
-------------------------------
AMARILLO GOLD CORPORATION ("AGC")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: July 13, 2010
TSX Venture Tier 2 Company
Further to the bulletin dated July 9, 2010 with respect to a private
placement of 8,000,999 shares at a price of $0.75 per share, TSX Venture
Exchange has been advised of the following:
Additional Insider Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Han Occi Capital
Partners
(Michael Durose) Y 63,333
Golden Sextant Advisors
(Robert Landis) Y 100,000
Finder's Fee: Murray Douglas Pollitt will receive a finder's
fee of $211,000.00.
TSX-X
-------------------------------
ANGLO CANADIAN OIL CORP. ("ACG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 13, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a
non-arm's length Share Purchase Agreement dated May 1, 2010 (the 'Agreement')
between Anglo Canadian Oil Corp. (the 'Company') and the shareholders
('Shareholders') of Oil Reserve Corp. ('ORC') wherein the Company agreed to
acquire all of the issued and outstanding shares of ORC. In consideration, the
Company agreed to issue to the Shareholders a total of 11,500,000 common
shares at a deemed price of $0.18 per share as well as $630,000 in cash.
The Agreement is classified as non-arm's length because the Shareholders
include Todd Montgomery, the CEO and a Director of the Company, and Brent
Walter, a Director of the Company.
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P No. of Shares
Mont Strategies Inc.
(Todd Montgomery) Y 6,900,000
Brent Walter Y 2,300,000
This transaction was announced in the Company's news releases dated April
13, 2010 and June 16, 2010.
TSX-X
-------------------------------
AURIC DEVELOPMENT CORPORATION ("ARC.P")
BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction
within 24 months of Listing
BULLETIN DATE: July 13, 2010
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletins dated June 11, 2010 and July
12, 2010, effective at the opening Wednesday, July 14, 2010, trading in the
shares of the Company will be suspended, the Company having failed to complete
a Qualifying Transaction within 24 months of its listing.
Members are prohibited from trading in the securities of the Company
during the period of the suspension or until further notice.
TSX-X
-------------------------------
AVION GOLD CORPORATION ("AVR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 13, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a
purchase agreement (the "Agreement") dated June 29, 2010, between Avion Gold
Corporation (the "Company"), Avion Mali Limited ("Subco") - a wholly-owned
subsidiary of the Company, Avocet Mining PLC ("Avocet") - an AIM-listed
company, and Resolute West Africa Ltd. ("Resolute") - a wholly-owned
subsidiary of Avocet. Pursuant to the Agreement, Subco shall acquire from
Resolute a 100% interest in Burkina Faso Exploration Ltd. ("BFEL") and a 100%
interest in a Burkina Faso wholly-owned subsidiary of BFEL that holds a 100%
interest in the Hounde concessions (the "Properties") in Burkina Faso.
As consideration, the Company shall issue 10,300,000 shares to Avocet.
Barrick Exploration Africa Limited, the initial vendor, is still subject to a
2% net smelter returns production royalty to be paid by the Company.
For further information, please refer to the Company's press releases
dated January 29, 2010 and July 5, 2010.
TSX-X
-------------------------------
AVRUPA MINERALS LTD. ("AVU")
(formerly Everclear Capital Ltd. ("EVA.P"))
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Private
Placement-Non-Brokered, Name Change, Resume Trading
BULLETIN DATE: July 13, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange (the 'Exchange') has accepted for filing Everclear
Capital Ltd.'s (the 'Company' or 'Everclear') Qualifying Transaction (the
'QT') and related transactions, all as principally described in its filing
statement dated June 30, 2010 (the 'Filing Statement'). As a result, effective
at the opening Wednesday, July 14, 2010, the common shares of the Company will
resume trading and the Company will no longer be considered a Capital Pool
Company. The QT includes the following matters, all of which have been
accepted by the Exchange:
1. Qualifying Transaction:
Everclear announced that it signed a letter of intent on March 22, 2010
with Metallica Mining ASA ("Metallica"), a private Norwegian company, to
acquire the controlling interest in MAEPA Empreendimentos Mineiros e
Participacoes Lda., a private Portuguese company ("MAEPA"), and Innomatik
Exploration Kosovo LLC, a private Kosovo company ("Innomatik").
On June 23, 2010, Everclear entered into an acquisition agreement (the
"Acquisition Agreement") with Metallica in order to effect the acquisition
(the "Acquisition"). Pursuant to the Acquisition, Everclear has acquired the
following shares from Metallica:
(a) 90% of the issued and outstanding shares in MAEPA ("MAEPA Shares");
and,
(b) 92.5% of the issued and outstanding shares of Innomatik ("Innomatik
Shares").
The Acquisition Terms:
Purchase Price: Everclear acquired the MAEPA Shares and Innomatik Shares
from Metallica for an aggregate cash payment of $912,890 (the "Purchase
Price").
Loan Agreement: In connection with the QT, Everclear advanced to Metallica
an amount of up to $150,000 (the "Loan") as an advance on the Purchase Price.
The Loan was secured by a pledge of the MAEPA Shares. The Loan was due on
September 30, 2010, and accrued interest at LIBOR plus 400 basis points per
month, compounded monthly and payable on maturity. In addition, the Loan was
convertible, at any time prior to maturity, into common shares of Metallica at
a rate of NOK 0.10 per common share, and was secured by a pledge of the MAEPA
Shares. The Loan was applied to the Purchase Price and was cancelled upon
closing of the Acquisition.
Other than pursuant to the Financing (as described below), no securities
of Everclear were issued in connection with the QT. Upon completion of the QT,
Everclear will focus on exploring the properties held by MAEPA and Innomatik,
as well as other properties in Portugal and Kosovo, and will also look to
acquire other mineral exploration projects.
The Exchange has been advised that the above transactions, which did not
require shareholder approval from Everclear's shareholders, have been
completed.
In addition, the Exchange has accepted for filing the following:
2. Private Placement-Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced March 31, 2010 and June 22, 2010:
Number of Shares: 11,428,571 shares
Purchase Price: $0.35 per share
Warrants: 5,714,284 share purchase warrants to purchase
5,714,284 shares
Warrant Exercise Price: $0.50 for an eighteen month period
Number of Placees: 116 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Bill Anglin P 100,000
Jill Anglin P 100,000
Barb Pringle P 20,000
Noah Dodek P 15,000
David Shepherd P 100,000
David Elliott P 250,000
Battell Investments
Ltd. (David Elliott
& Ken Dates) P 100,000
Ladner Rose Investments
Ltd. (David Elliott
& David Sheperd) P 100,000
Lisa Stefani P 100,000
Donald E. Ranta I 31,122
George McKelvey I 30,867
Spiro Angelos P 80,000
James Blake P 100,000
Jeff Willis P 50,000
Pacific Opportunity
Capital Ltd.
(Mark T. Brown) I 250,000
Rob Howard P 100,000
Thomas Seltzer P 280,000
Catherine Seltzer P 57,100
Donny Cordick P 50,000
Scott Hunter P 200,000
Finders' Fees: $146,912.51 cash and 419,750 finder's options
payable to Global Market Development LLC. Each
finder's option is exercisable into one
additional unit (comprised of one share and one
half of a share purchase warrant) at $0.35 for
an eighteen month period; and,
$36,946 cash and 105,560 finder's options
payable to Leede Financial Markets 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.)
3. Name Change, Resume Trading:
Pursuant to a resolution passed by the Company's directors on June 23,
2010, the Company has changed its name to "Avrupa Minerals Ltd." There is no
consolidation of capital.
Effective at the opening Wednesday, July 14, 2010, the common shares of
Avrupa Minerals Ltd. will commence trading on TSX Venture Exchange, and the
common shares of Everclear Capital Ltd. will be delisted. The Company is
classified as a 'Mineral Exploration' company.
Capitalization: Unlimited common shares with no par value of
which
14,478,571 common shares are issued and
outstanding
Escrow: 1,300,000 common shares are subject to 36 month
staged release escrow
Transfer Agent: Equity Transfer & Trust Company
Trading Symbol: AVU (new)
CUSIP Number: 05453A 10 8 (new)
Company Contact: Winnie Wong, CFO
Company Address: Suite 410 - 325 Howe Street
Vancouver, BC, V6C 1Z7
Company Phone Number: 604-687-3520
Company Fax Number: 604-688-3392
Company Email Address: [email protected]
TSX-X
-------------------------------
BELO SUN MINING CORP. ("BSX")
(formerly Verena Minerals Corporation ("VML"))
BULLETIN TYPE: Name Change
BULLETIN DATE: July 13, 2010
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders June 30, 2010, the Company
has changed its name as follows. There is no consolidation of capital.
Effective at the opening Wednesday, July 14, 2010, the common shares of
Belo Sun Mining will commence trading on TSX Venture Exchange, and the common
shares of Verena Minerals Corp. will be delisted. The Company is classified as
a 'Mineral Exploration/Development' company.
Capitalization: Unlimited shares with no par value of which
137,964,351 shares are issued and outstanding
Escrow: nil shares
Transfer Agent: Equity Transfer & Trust Company
Trading Symbol: BSX (new)
CUSIP Number: 080558 10 9 (new)
TSX-X
-------------------------------
BLUE NOTE MINING INC. ("BNT")
BULLETIN TYPE: Private Placement, Non-Brokered
BULLETIN DATE: July 13, 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 March 16, 2010:
Number of Shares: 8,333,333 flow-through common shares
Purchase Price: $0.12 per common share
Warrants: 8,333,333 warrants to purchase 8,333,333 common
shares
Warrant Exercise Price: $0.25 per share for a period of 24 months
Number of placees: 4 placees
Finders' fee: Limited Market Dealer Inc. received a cash
commission of $50,000 and 833,333 warrants to
acquire 833,333 units at a price of $0.12 per
unit. Each unit consists of one common share and
one warrant. Each warrant entitles the holder to
acquire one common share at a price of $0.25 for
a period of 24 months.
The Company has confirmed the closing of the above-mentioned Private
Placement.
BLUE NOTE MINING INC. ("BNT")
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 13 juillet 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 16 mars
2010:
Nombre d'actions : 8 333 333 actions ordinaires accréditives
Prix : 0,12 $ par action ordinaire
Bons de souscription : 8 333 333 bons de souscription permettant de
souscrire à 8 333 333 actions ordinaires
Prix d'exercice des bons : 0,25 $ par action pour une période de 24 mois
Nombre de souscripteurs : 4 souscripteurs
Rémunération de
l'intermédiaire : Limited Market Dealer Inc. a reçu une
commission en espèces de 50 000 $ et 833 333
bons de souscription permettant de souscrire
à 833 333 unités au prix de 0,12 $ par unité.
Chaque unité est composée d'une action
ordinaire et d'un bon de souscription. Chaque
bon de souscription permet de souscrire à une
action au prix de 0,25 $ l'action pour une
période de 24 mois.
La société a confirmé la clôture du placement privé précité.
TSX-X
-------------------------------
BNP RESOURCES INC. ("BNX.A")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: July 13, 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: 2,205,000
Original Expiry Dates of Warrants: July 23, 2010, August 10, 2010
New Expiry Dates of Warrants: July 23, 2011, August 10, 2011
Exercise Price of Warrants: $0.10
These warrants were issued pursuant to a private placement of 4,410,000
Class A shares with 2,205,000 share purchase warrants attached, which was
accepted for filing by the Exchange effective August 12, 2009.
TSX-X
-------------------------------
CADMAN RESOURCES INC. ("CUZ.P")
BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction
within 24 months of Listing
BULLETIN DATE: July 13, 2010
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletins dated June 11, 2010 and July
12, 2010, effective at the opening Wednesday, July 14, 2010, trading in the
shares of the Company will be suspended, the Company having failed to complete
a Qualifying Transaction within 24 months of its listing.
Members are prohibited from trading in the securities of the Company
during the period of the suspension or until further notice.
TSX-X
-------------------------------
CONSTANTINE METAL RESOURCES LTD. ("CEM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 13, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Option Agreement dated May
10, 2010 and effective April 15, 2010 between Constantine Metal Resources Ltd.
(the "Company") and Charles Gregg, whereby the Company has an option to
acquire a 100% interest in 9 contiguous mineral claims located 45 kilometers
north of the Golden Bear mine road, 200 kilometers south of the Yukon and BC
border, in the Atlin Mining Division, BC. In consideration, the Company will
make cash payments in the amount of $135,000 cash ($15,000 in the first year)
and issue 155,000 shares or pay $155,000 cash (at the Company's election) over
4 years. Mr. Gregg will retain a 2.5% NSR, of which 1% can be purchased by the
Company at any time for $500,000 with a right of first refusal on the
remaining 1.5% NSR.
TSX-X
-------------------------------
CONSTANTINE METAL RESOURCES LTD. ("CEM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 13, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Option Agreement dated
April 21, 2010 between Constantine Metal Resources Ltd. (the "Company") and
David Meunier, Paul R. Meunier and 683648 Ontario Limited (Art Beecham)
(collectively the "Vendor"), whereby the Company has an option to acquire a
100% interest in 35 claims located 75 kilometers south of the Timmins gold
camp in Ontario. In consideration, the Company will make cash payments in the
amount of $140,394 ($80,394 in the first year) and issue 90,000 shares or pay
$90,000 cash (at the Company's election) over a four-year period. The Vendor
will retain 2.5% NSR, of which 1% can be purchased by the Company at any time
for $500,000 with a right of first refusal on the remaining 1.5%.
TSX-X
-------------------------------
DORATO RESOURCES INC. ("DRI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 13, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Mineral Option Agreement
dated December 28, 2009 between Jose Clemente Contreras Centeno and Ylmany
Diomar Barrenechea Solis (collectively the "Vendor") and Dorato Resources Inc.
(the "Company"), whereby the Company has an exclusive purchase option for a
period of 18 months to acquire all of the issued and outstanding shares of
Compania Minera Cangaza S.A.C. ("Cangaza") and Cangaza holds 14 mineral rights
located in the Republic Peru. In consideration, the Company will make
cumulative cash payments of US$150,000 over a period of 12 months and issue
1,050,000 shares over a period of 18 months to the Vendor.
TSX-X
-------------------------------
GOGOLD RESOURCES INC. ("GGD.P")
BULLETIN TYPE: CPC-Filing Statement, Remain Halted
BULLETIN DATE: July 13, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's Filing
Statement dated June 9, 2010, for the purpose of filing on SEDAR.
Further to TSX Venture Exchange bulletin dated March 8, 2010, trading in
the shares of the Company will remain halted.
TSX-X
-------------------------------
LAS VEGAS FROM HOME.COM ENTERTAINEMNT INC. ("LVH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 13, 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 May 18, 2010:
Number of Shares: 1,890,000 shares
Purchase Price: $0.05 per share
Warrants: 1,890,000 share purchase warrants to purchase
1,890,000 shares
Warrant Exercise Price: $0.10 for a one year period
$0.25 in the second year
Number of Placees: 8 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Luc Grenier P 200,000
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.
TSX-X
-------------------------------
LAS VEGAS FROM HOME.COM ENTERTAINEMNT INC. ("LVH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 13, 2010
TSX Venture Tier 2 Company
FOURTH TRANCHE
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced May 18, 2010:
Number of Shares: 1,650,000 shares
Purchase Price: $0.05 per share
Warrants: 1,650,000 share purchase warrants to purchase
1,650,000 shares
Warrant Exercise Price: $0.10 for a one year period
$0.25 in the second year
Number of Placees: 3 placees
No Insider/Pro Group Participation
Finder's Fee: $2,500 Cash payable to Richard Groome
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
-------------------------------
LIONS GATE METALS INC. ("LGM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 13, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to
the second tranche of a Non-Brokered Private Placement announced May 13, 2010
and amended June 18, 2010:
Number of Shares: 312,500 shares
Purchase Price: $0.80 per share
Warrants: 156,250 share purchase warrants to purchase
156,250 shares
Warrant Exercise Price: $1.00 for a five year period
Number of Placees: 1 placee
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P No. of Shares
Resinco Capital
Partners Incorporated
(John R. Icke) Y 312,500
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s). The Company must also
issue a news release if the private placement does not close promptly. 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
-------------------------------
MEDALLION RESOURCES LTD. ("MDL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 13, 2010
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
June 2, 2010 and amended June 16, 2010:
Number of Shares: 2,120,000 shares
Purchase Price: $0.125 per share
Warrants: 2,120,000 share purchase warrants to purchase
2,120,000 shares
Warrant Exercise Price: $0.25 for a three year period
Number of Placees: 22 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P No. of Shares
David Hamilton-Smith P 50,000
Rod McKeen Law Corp.
(Rod C. McKeen) Y 96,000
Finders' Fees: $3,656.25 cash and 29,250 finder's warrants
exercisable at $0.125 for two years payable to
Canaccord Genuity Corp.
$2,250 cash and 18,000 finder's warrants (same
terms as above) payable to Union Securities Ltd.
$2,081.25 cash and 16,650 finder's warrants
(same terms as above) payable to Leede Financial
Markets Inc.
$843.75 cash payable to Lee Johnson
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
-------------------------------
MOUNTAIN LAKE RESOURCES INC. ("MOA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 13, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced June 21, 2010 and amended June 23,
2010:
Number of Shares: 4,309,500 shares
Purchase Price: $0.50 per share
Warrants: 2,154,750 share purchase warrants to purchase
2,154,750 shares
Warrant Exercise Price: $0.75 for a two year period. If the Company's
shares close above $1.25 per share for at least
10 consecutive trading days, the Company may,
upon giving notice to the warrant holders,
shorten the exercise period to 30 days from
notice.
Number of Placees: 29 placees
Finders' Fees: $86,782.50 cash payable to Williams de Broe Ltd.
$7,000 cash payable to Jones Gable & Company
Ltd.
70,000 shares payable to Scarsdale Equities LLC
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
-------------------------------
NORTHERN GOLD MINING INC. ("NGM")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: July 13, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced June 21, 2010 and June 22, 2010:
Number of Shares: (i) 9,002,678 flow-through shares
(ii) 10,783,696 common shares
Purchase Price: (i) $0.14 per flow-through share
(ii) $0.115 per common share
Warrants: (i) 9,002,678 share purchase warrants to
purchase 9,002,678 shares
(ii) 10,783,696 share purchase warrants to
purchase 10,783,696 shares
Warrant Exercise Price: (i) $0.17 for an eighteen month period
(ii) $0.15 for an eighteen month period
Number of Placees: 24 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Matthew Gassenbeek P 179,000
Chris Roy Y/P 200,000
Martin Shefsky Y 100,000
Jamie Levy P 150,000
Dennis H. Waddington Y 85,000
Eric M. Moeller Y 90,000
Agent's Fee: $100,000, 1,869,565 units and 1,978,637 broker
options payable to BayFront Capital Partners,
Ltd. Each unit is comprised of one common share
and one common share warrant. Each warrant is
exercisable into one common share at a price of
$0.17 per share for an eighteen month period.
Each broker option is exercisable into one
common share and one warrant at a price of
$0.115 per broker option for an eighteen month
period. Each warrant is exercisable into one
common share at a price of $0.15 per share for
an eighteen month period.
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). 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
-------------------------------
PETROSTAR PETROLEUM CORPORATION ("PEP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 13, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 22, 2010:
Number of Shares: 782,500 flow through shares
Purchase Price: $0.08 per share
Warrants: 391,250 share purchase warrants to purchase
391,250 shares
Warrant Exercise Price: $0.12 for a one year period
$0.15 in the second year
Number of Placees: 8 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
R. Brent Dunlop P 375,000
William Stafford Y 100,000
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s). The Company must also
issue a news release if the private placement does not close promptly. (Note
that in certain circumstances the Exchange may later extend the expiry date of
the warrants, if they are less than the maximum permitted term.)
TSX-X
-------------------------------
PRIME MERIDIAN RESOURCES CORP. ("PMR")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: July 13, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a
Loan Agreement (the "Agreement") dated December 31, 2008. Pursuant to the
terms of the Agreement, the Lender will advance the Company up to US$350,000
with the interest rate being prime plus 1%. The date of maturity was January
15th 2010 and the indebtedness was converted to 7,358,354 freely trading
common shares at a price of $0.05 per share.
TSX-X
-------------------------------
SAN GOLD CORPORATION ("SGR")
BULLETIN TYPE: Halt
BULLETIN DATE: July 13, 2010
TSX Venture Tier 1 Company
Effective at 12:12 p.m. PST, July 13, 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
-------------------------------
SIDON INTERNATIONAL RESOURCES CORPORATION ("SD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 13, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Option Agreement dated May
10, 2010 between Kokanee Placer Ltd. (Laurence Stephenson) and the Company.
The Company has agreed to acquire an option to earn an 80% interest in the MEG
Gold Property located in the Morogoro Rural District of Tanzania. In
consideration the Company will pay US$1,500,000 and issue 7,000,000 shares to
Kokanee Placer Ltd. and spend US$1,500,000 on exploration of the property as
follows:
- US$350,000 cash and 3,000,000 shares within 5 days of Exchange
acceptance;
- US$100,000 cash and US$350,000 of exploration within 90 days of
Exchange acceptance;
- US$350,000 cash and US$5000,000 of exploration within 180 days of
Exchange acceptance;
- US$350,000 cash and 3,000,000 shares within 270 days of Exchange
acceptance; and
- US$350,000 cash, 1,000,000 shares and US$650,000 exploration by the
second anniversary of Exchange acceptance.
Upon earning its 80% interest the Company has the right to acquire a
further 15% interest in exploration and development expenditures by paying
US$3,000,000 and issuing 3,000,000 shares to Kokanee and spending US$5,000,000
over 3 years.
The Company can convert the remaining 5% to a 3% NSR Royalty in favour of
the Morogoro Regional Mining Group Limited by paying an additional
US$1,500,000.
If the Company exercises the option to acquire the additional 15% or 20%
before the thirtieth day following the second anniversary of Exchange
acceptance of the agreement, the Company is not required to spend the
additional US$5,000,000 in exploration expenditures.
TSX-X
-------------------------------
SIDON INTERNATIONAL RESOURCES CORPORATION ("SD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 13, 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: 15,800,000 shares
Purchase Price: $0.05 per share
Warrants: 15,800,000 share purchase warrants to purchase
15,800,000 shares
Warrant Exercise Price: $0.10 for a one year period
$0.15 in the second year
Number of Placees: 15 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P No. of Shares
Souhail Abi-Farrage Y 3,900,000
Tejbir Sing Nat P 400,000
Fadia Rahal P 300,000
Finders' Fees: $2,250 cash and 45,000 shares payable to Global
Securities Corporation
$1,000 cash and 20,000 shares payable to Vadim
Degen
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
-------------------------------
TOURNIGAN ENERGY LTD. ("TVC")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: July 13, 2010
TSX Venture Tier 1 Company
Further to the TSX Venture Exchange bulletin dated July 12, 2010, the
Exchange has been advised of the following amendment with respect to the
Non-Brokered Private Placement announced June 29, 2010:
Number of Shares: 30,000,000 shares
Purchase Price: $0.10 per share
Warrants: 15,000,000 share purchase warrants to purchase
15,000,000 shares
Warrant Exercise Price: $0.20 for a two year period
Number of Placees: 31 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Terry Salman P 500,000
Thomas English P 500,000
Gary Bogdanovich P 150,000
Douglas McDonald P 150,000
Dorian Nicol Y 150,000
Golden Oak Corporate
Services Ltd.
(D. Meyer) Y 150,000
Finders' Fees: $45,150 and 451,500 shares payable to Salman
Partners Inc.
$19,460 and 194,600 shares payable to Scarsdale
Equities LLC
$43,750 and 437,500 shares payable to Canaccord
Capital Corp.
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
-------------------------------
For further information: Market Information Services at 1-888-873-8392, or email: [email protected]
Share this article