VANCOUVER, Nov. 12 /CNW/ -
TSX VENTURE COMPANIES:
AVANTE LOGIXX INC. ("XX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 12, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement (first tranche) announced November 11, 2010:
| Number of Shares: | 6,920,000 shares | |||||
| Purchase Price: | $0.25 per share | |||||
| Warrants: | 6,920,000 share purchase warrants to purchase 6,920,000 shares | |||||
| Warrant Exercise Price: | $0.40 for a two year period | |||||
| Number of Placees: | 13 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.
For further details, please refer to the Company's news release dated November 11, 2010.
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BROOKEMONT CAPITAL INC. ("BKT")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: November 12, 2010
TSX Venture Tier 2 Company
Further to the bulletin dated November 3, 2009 TSX Venture Exchange has accepted for filing an amending letter agreement (the "Amending Agreement") dated November 3, 2010 between the Company and 0862799 BC Ltd. (the "Vendor") with respect to the purchase of a 100% interest in 2,706 hectares of contiguous mineral claims located in the Stewart Mining Region of British Columbia (the "Property"). Under the Amending Agreement, the exploration expenditures that must be completed by the Company have been amended so that the Company must incur an aggregate of $250,000 of expenditures within 24 months of the closing date, instead of $250,000 of expenditures within 12 months of the closing date and another $250,000 of expenditures within 24 months of the closing date. The Company has also agreed to issue an additional 1,000,000 shares within 15 months of the closing date.
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CANADIAN IMPERIAL VENTURE CORP. ("CQV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 12, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the second tranche of a Non-Brokered Private Placement announced August 15, 2010:
| Number of Shares: | 14,500,000 shares | ||||
| Purchase Price: | $0.05 per share | ||||
| Warrants: | 14,500,000 share purchase warrants to purchase 14,500,000 shares | ||||
| Warrant Exercise Price: | $0.10 for a two year period | ||||
| Number of Placees: | 9 placees | ||||
| Insider / Pro Group Participation: | |||||
| Name |
|
Insider=Y / ProGroup=P / |
# of Shares |
||
| Gerard Edwards | Y | 5,000,000 |
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.]
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CANOEL INTERNATIONAL ENERGY LTD. ("CIL")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 12, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 545,785 shares at a price of $0.12 per share to settle outstanding debt for $65,492.20 and 1,267,266 shares at a price of $0.13 per share to settle debt for $164,744.58.
| Number of Creditors: | 7 Creditors |
No Insider / Pro Group Participation
The Company shall issue a news release when the shares are issued and the debt extinguished.
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CRAZY HORSE RESOURCES INC. ("CZH")
BULLETIN TYPE: Reverse Takeover-Completed, Private Placement-Brokered, Company Tier Reclassification
BULLETIN DATE: November 12, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing Crazy Horse Resources Inc.'s (the "Company") Reverse Takeover (the "RTO") and related transactions, all as principally described in its filing statement dated October 21, 2010 (the "Filing Statement"). The RTO includes the following matters, all of which have been accepted by the Exchange.
Acquisition of a 100% interest in the Taysan Copper-Gold Porphyry Project:
On June 15, 2010, Crazy Horse entered into a Property Purchase Agreement with Taysan Copper Corp. ("Taysan") pursuant to which it agreed to acquire 100% of the Taysan Copper-Gold Porphyry Project from Taysan, in consideration of:
(a) the issuance of 20,000,000 shares of the Company to Taysan (such shares to be re-distributed to the shareholders of Taysan on closing);
(b) the payment of US$1,700,000 to Taysan representing its out-of-pocket acquisition costs; and
(c) the grant of a 1.5% net smelter royalty to Taysan.
Insider / Pro Group Participation: None. At the time the transaction was agreed to, the Company was at arm's length to Taysan.
The Exchange has been advised that the Company's acquisition of Taysan Copper-Gold Porphyry Project has received shareholder approval and has been completed. For additional information refer to the Filing Statement available under the Company's profile on SEDAR.
Private Placement - Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced June 15, 2010:
| Number of Shares: | 11,333,333 shares | |||||
| Purchase Price: | $0.75 per share | |||||
| Warrants: | 5,666,667 share purchase warrants to purchase 5,666,667 shares | |||||
| Warrant Exercise Price: | $1.25 until October 21, 2011, provided that should the price of the Company's common shares on the Exchange close at or above $1.75 per common share for ten consecutive days (at any time during the period commencing on February 22, 2011 and ending October 21, 2011) the Company can elect to give notice to reduce the exercise period of the warrants to 30 days. | |||||
| Number of Placees: | 99 placees | |||||
| Agents' Fees: | |
NCP Northland Capital Partners Inc. will receive a cash commission of $445,008 and 560,012 compensation options ("Compensation Options") where each Compensation Option shall be exercisable to acquire one unit for a period of 12 months following the closing of the private placement at an exercise price of $0.75 per unit, the units having the same terms as the units under the private placement. Jones, Gable & Company Limited will receive a cash commission of $19,800 and 30,800 Compensation Options. Carson Seabolt will receive a cash commission of $6,007.50 and 9,345 Compensation Options. Sal Western Enterprises Inc. will receive a cash commission of $450 and 700 Compensation Options. BMO Nesbitt Burns Inc. will receive a cash commission of $1,350 and 2,100 Compensation Options. Macquarrie Private Wealth will receive a cash commission of $8,325 and 12,950 Compensation Options. Canaccord Capital Corporation will receive a cash commission of $22,950 and 35,700 Compensation Options. Haywood Securities Inc. will receive a cash commission of $33,750 and 52,500 Compensation Options. PI Financial Corp. will receive a cash commission of $25,425 and 39,549 Compensation Options. Leede Financial Markets Inc. will receive a cash commission of $7,950 and 12,366 Compensation Options. Underhill Associates Limited will receive a cash commission of $18,000 and 28,000 Compensation Options. Middlemarch Partners Limited will receive a cash commission of $5,985 and 9,310 Compensation Options. |
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.
Company Tier Reclassification:
In accordance with Policy 2.5, the Company has met the requirements for a Tier 1 company. Therefore, effective November 15, 2010, the Company's Tier classification will change from Tier 2 to:
Classification
Tier 1
The Company is classified as a 'Mineral Exploration and Development' company.
| Capitalization: Escrow: |
Unlimited 40,034,123 8,644,210 |
shares with no par value of which shares are issued and outstanding are shares subject to an 18 month staged escrow release |
|||||
| Transfer Agent: Trading Symbol: CUSIP Number: |
Equity Financial Trust Company CZH 225231 10 9 |
(UNCHANGED) (UNCHANGED) |
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DRAKO CAPITAL CORP. ("DKC.P")
BULLETIN TYPE: Halt
BULLETIN DATE: November 12, 2010
TSX Venture Tier 2 Company
Effective at 12:46 p.m. PST, November 12, 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.
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FOCUS METALS INC. ("FMS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 12, 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 August 19, 2010 and October 5, 2010
| Number of Shares: | 3,500,000 common shares | |||||
| Purchase Price: | $0.10 per common share | |||||
| Warrants: | 1,750,000 warrants to purchase 1,750,000 common shares | |||||
| Warrants Exercise Price: | $0.15 per share for a period of 24 months following the closing of the Private Placement | |||||
| Number of Placees: | 21 placees | |||||
| Insider/Pro Group Participation: | ||||||
| Name |
Insider = Y / Pro Group = P |
Number of Shares |
||||
| Francis Pomerleau | Y | 250,000 | ||||
| Khadija Abounaim | Y | 100,000 |
The Company has announced the closing by way of a press release dated October 22, 2010.
LES MÉTAUX FOCUS INC. (« FMS »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 12 novembre 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 les 19 août et 5 octobre 2010 :
| Nombre d'actions : | 3 500 000 actions ordinaires | ||||
| Prix : | 0,10 $ par action ordinaire | ||||
| Bons de souscription : | 1 750 000 bons permettant d'acquérir 1 750 000 actions ordinaires | ||||
| Prix d'exercice des bons : | 0,15 $ l'action pendant une période de 24 mois suivant la clôture du placement privé | ||||
| Nombre de souscripteurs : | 21 souscripteurs | ||||
| Participation initié / Groupe Pro : | |||||
| Nom Groupe |
Initié = Y / Pro = P |
Nombre d'actions |
|||
| Francis Pomerleau | Y | 250 000 | |||
| Khadija Abounaim | Y | 100 000 |
La société a annoncé la clôture du placement privé par voie d'un communiqué de presse daté du 22 octobre 2010.
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GRAN COLOMBIA GOLD CORP. ("GCM")("GCM.WT")
BULLETIN TYPE: Consolidation, Amendment
BULLETIN DATE: November 12, 2010
TSX Venture Tier 1 Company
Further to the TSX Venture Exchange Bulletin dated November 10, 2010, as a result of the 4 old for 1 new stock consolidation, each common share purchase warrant (the "Warrants") (symbol: GCM.WT) will now entitle the holder to purchase 0.25 of a common share at $0.65 per warrant until Monday, August 24, 2015. Therefore it will take four (4) warrants and $2.60 to purchase one common share of the Company.
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HIMALAYAN CAPITAL CORP. ("HIM.P")
BULLETIN TYPE: Halt
BULLETIN DATE: November 12, 2010
TSX Venture Tier 2 Company
Effective at 10:38 a.m. PST, November 12, 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.
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MESSINA MINERALS INC. ("MMI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 12, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 13, 2010:
| Number of Shares: | 3,564,167 flow-through shares and 1,220,000 non flow-through shares | ||||
| Purchase Price: | $0.12 per flow-through share and $0.10 per non flow-through share | ||||
| Warrants: | 3,002,084 share purchase warrants to purchase 3,002,084 shares | ||||
| Warrant Exercise Price: | $0.15 for an eighteen month period | ||||
| Number of Placees: | 30 placees | ||||
| Insider / Pro Group Participation: | |||||
| Name |
Insider=Y / ProGroup=P |
# of Shares |
|||
| Steven Brunelle | Y | 416,667 FT | |||
| Colin Hoodspith | P | 100,000 FT | |||
| Finders' Fees: | |
162,800 finder's units comprised of one share and one warrant exercisable at $0.15 for eighteen months payable to Raymond James Ltd. 25,600 finder's units comprised of one share and one warrant exercisable at $0.15 for eighteen months payable to Joseph Falvo. |
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.
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NORTH AMERICAN GEM INC. ("NAG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 12, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a coal lease agreement dated February 4, 2010 and amended October 14, 2010 between North American Gem Inc. (the 'Company') and Ramco Machinery, Inc. (Rick Moses), whereby the Company will acquire a 100% undivided interest in the Granny Rose project totaling 363 acres located in Knox County, Kentucky, USA.
Total consideration consists of US$100,000 in cash payments and 250,000 shares of the Company.
In addition, there is a royalty payable relating to the acquisition whereby the Company agrees to pay US$4.00/ton or 8% of gross sales/ton.
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NORTHERN VERTEX CAPITAL INC. ("NEE")
BULLETIN TYPE: Halt
BULLETIN DATE: November 12, 2010
TSX Venture Tier 2 Company
Effective at 12:00 p.m. PST, November 12, 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.
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SOUTHERN HEMISPHERE MINING LIMITED ("SH")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: November 12, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Brokered Private Placement announced October 27, 2010:
| Number of Shares: | 15,452,850 shares | ||||||||||
| Purchase Price: | $0.42 per share | ||||||||||
| Number of Placees: | 236 placees | ||||||||||
| Agent's Fee: | Euroz Securities Limited receives $389,411.82 |
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.
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STRONGBOW EXPLORATION INC. ("SBW")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 12, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 25, 2010:
| Number of Shares: | 15,000,000 shares | ||||
| Purchase Price: | $0.24 per share | ||||
| Number of Placees: | 25 placees | ||||
| Insider / Pro Group Participation: | |||||
| Name |
|
Insider=Y (new) |
# of Shares |
||
| Sun Valley Gold Master Fund, Ltd. | Y | 13,000,000 | |||
| Finder's Fee: | $180,000 and 750,000 agent's warrants payable to Haywood Securities |
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.
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For further information:
Market Information Services at 1-888-873-8392, or email: [email protected]
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