VANCOUVER, Nov. 24 /CNW/ -
TSX VENTURE COMPANIES:
71 CAPITAL CORP. ("SVN.P")
BULLETIN TYPE: Notice - QT Not Completed - Approaching 24 Months of Listing
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
The shares of the Company were listed on TSX Venture Exchange on December 24, 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 December 24, 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.
_____________________________________
ACCELRATE POWER SYSTEMS INC. ("AXP")
BULLETIN TYPE: Halt
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
Effective at 6:08 a.m. PST, November 24, 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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ADROIT RESOURCES INC. ("ADT")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: November 24, 2010
TSX Venture Tier 1 Company
Further to the TSX Venture Exchange bulletin dated November 18, 2010 with respect to the private placement of 25,000,000 units at a price of $0.06 per unit, the finder's fee payable to Canaccord Genuity Corp. has bee revised from $43,380.00 and 433,800 non-transferable warrants that are exercisable into common shares at $0.10 per share for a two year period to $43,380.00 and 723,000 non-transferable warrants that are exercisable into common shares at $0.10 per share for a three year period.
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ANGLO SWISS RESOURCES INC. ("ASW")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to a further extension in the expiry date of the following warrants:
Private Placement:
# of Warrants: | |
2,500,000 (non flow-through private placement) 2,419,012 (flow-through private placement) |
||
Original Expiry Date of Warrants: | |
2,105,261 on December 7, 2009 (nf/t) extended to December 7, 2010 313,751 on December 18, 2009 (f/t) extended to December 7, 2010 625,000 on December 7, 2009 (nf/t) extended to December 7, 2010 1,875,000 on December 18, 2009 (f/t) extended to December 7, 2010 |
||
New Expiry Date of Warrants: | December 7, 2011 | |||
Exercise Price of Warrants: | |
$0.60 (non flow-through) $1.00 (flow-through) |
These warrants were issued pursuant to a private placement of 5,000,000 shares and 4,838,025 flow-through shares with 2,500,000 and 2,419,013 share purchase warrants attached, which was accepted for filing by the Exchange effective January 10, 2008 (non flow-through) and January 7, 2008 (flow-through). The warrants were previously amended by way of bulletin dated November 25, 2009.
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AVATAR ENERGY LTD. ("AVG")
[formerly Reviso Energy Ltd. ("AVG.P")]
BULLETIN TYPE: Resume Trading, Qualifying Transaction-Completed/New Symbol, Private Placement-Brokered, Name Change
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
Resume Trading:
Effective at the opening November 25, 2010, the common shares of the Company will resume trading, an announcement having been made on November 19, 2010, in respect of completion of the Company's Qualifying Transaction, as set forth below.
Qualifying Transaction-Completed:
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Information Circular dated August 26, 2010 and the Amendment and Supplement to the Management and Proxy Circular dated September 2, 2010. As a result, at the opening on November 25, 2010 the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction involves the non-arm's amalgamation (the "Amalgamation") between 1529256 Alberta Ltd. a wholly-owned subsidiary of the Company, and Rustler Petroleum Inc. ("Rustler"), a private oil and gas exploration company, pursuant to an amalgamation agreement dated June 4, 2010, whereby pursuant to the Amalgamation, Rustler will be acquired for consideration consisting of 5,951,054 shares of the Company issued at a deemed price of $0.85 per share for deemed consideration of $5,058,396.
Insider / Pro Group Participation:
Name |
Insider=Y / ProGroup=P |
|
# of Common Shares | |||||||||
Alan Jack Gerald Wendland Shauna Haas-Jack |
Y Y Y |
247,501 495,002 247,501 |
The Exchange has been advised that the above transactions, approved by Shareholders on September 28, 2010, have been completed.
In addition, the Exchange has accepted for filing the following:
Private Placement-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced on June 9, 2010, September 22, 2010, October 1, 2010 and November 1, 2010:
Number of Shares: | |
3,508,595 common shares issued on a flow-through basis (Flow-Through Shares), and 4,992,305 common shares |
|
|
Purchase Price: | |
$0.57 per Flow-Through Share $0.50 per common share |
|
|
Number of Placees: | 121 placees | |||
Insider / Pro Group Participation: | ||||
Name |
Insider=Y / ProGroup=P / |
# of Common Shares |
||
Timothy Bacon 1441042 Alberta Ltd. (Lorie Hynes) Lorie Hynes Robert Bowman Lee Daniel Capital Corp. (Alan Jack) Neutron Star Energy Ltd. (Gerald Wendland) Premier Energy Services Ltd. (Shaunna Haas-Jack) Wenex Resources Ltd. (Gerald Wendland) |
Y Y Y Y Y Y Y Y |
50,000 20,000 40,000 11,400 20,000 30,000 100,000 250,000 |
||
Agent's Fee: | Raymond James Ltd, National Bank Financial Inc., Macquarrie Capital Markets Ltd., and Emerging Equities Inc., received aggregate fees of $210,652.40 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release on November 19, 2010, announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
Name Change:
Pursuant to a special resolution passed by shareholders on September 28, 2010, the Company has changed its name from Reviso Energy Ltd to Avatar Energy Ltd. There is no consolidation of capital.
Effective at the opening November 25, 2010 the common shares of Avatar Energy Ltd will commence trading on TSX Venture Exchange and the common shares of Reviso Energy Ltd will be delisted. The Company is classified as an 'oil and gas exploration and development' company.
Capitalization: |
Unlimited 18,551,954 |
common shares with no par value of which common shares are issued and outstanding |
Escrow: | 4,156,604 | shares, constituting 2,635,000 shares subject to the CPC Escrow Agreement and 1,521,604 shares subject to a Tier 2 Value Escrow Agreement |
Transfer Agent: | Computershare Trust Company of Canada | |
Symbol: Symbol: |
AVG 05351D 10 5 |
same symbol as CPC but with .P removed (new) |
Company Contact: Company Address: Company Phone Number: Company Fax Number: |
|
Shaunna Haas-Jack 1700, 500-4th Avenue SW Calgary, AB T2P 3L5 (403) 517-8818 (403) 517-8815 |
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CANADIAN OVERSEAS PETROLEUM LIMITED ("XOP")
BULLETIN TYPE: Halt
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
Effective at 10:15 a.m. PST, November 24, 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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CANADIAN OVERSEAS PETROLEUM LIMITED ("XOP")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
Effective at 11:30 a.m., PST, November 24, 2010, shares of the Company resumed trading, an announcement having been made over StockWatch.
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CIRCUMPACIFIC ENERGY CORPORATION ("CER")
BULLETIN TYPE: Halt
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
Effective at 6:02 a.m. PST, November 24, 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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CIRCUMPACIFIC ENERGY CORPORATION ("CER")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement, Plan of Arrangement, Delist
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing an asset and share sale agreement (the "Agreement") dated August 26, 2010 between Circumpacific Energy Corporation (the "Company") and Drillsearch Energy Limited ("Drillsearch") under which Drillsearch will acquire (the "Acquisition") the Company's interest in eight exploration blocks in South West Queensland, Australia (the "SWQ Blocks") for cash consideration of $1.8 million.
The Acquisition will be completed concurrent with or immediately after completion of a proposed plan of arrangement (see below) between the Company, Western Petroleum Commodities Inc. ("WPC") and WPC Energy Corp.
Plan of Arrangement:
The Exchange has approved the Company's proposed Plan of Arrangement ("Arrangement") under section 288 of the Business Corporations Act (British Columbia). The Exchange has been advised that the Arrangement and Acquisition were approved by a special resolution passed by the shareholders of the Company at a meeting held on November 10, 2010 and the Arrangement was approved by the Supreme Court of British Columbia on November 16, 2010. The Exchange has been advised that the Plan of Arrangement and transactions involved therewith is scheduled to close and be given effect on November 24, 2010.
Under the Plan of Arrangement, which is fully described in the Company's Management Proxy Circular dated October 15, 2010 WPC 2010 Acquisition Corp, a wholly-owned subsidiary of WPC, will acquire all of the issued and outstanding shares of the Company for total consideration of approximately $9.6 million. Upon completion of the Plan of Arrangement the Company will be a wholly-owned subsidiary of WPC.
For further information, see the Company's news release dated August 27, 2010 and Management Proxy Circular dated October 15, 2010 which is available under the Company's profile on SEDAR.
Delisting:
In conjunction with the closing of the Arrangement, Circumpacific Energy Corporation has requested that its common shares be delisted. Accordingly, effective at the close of business November 24, 2010 the common shares of Circumpacific Energy Corporation will be delisted from the Exchange.
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CYNAPSUS THERAPEUTICS INC. ("CTH")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue an aggregate of 368,000 bonus shares in consideration of a CDN$100,000 secured non-convertible loan made to the Company.
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ENERGIZER RESOURCES INC. ("EGZ")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 200,000 common shares in consideration of certain services provided to the company pursuant to an agreement dated October 27, 2010, between the Company and The Balloch Group.
The Company shall issue a news release when the shares are issued.
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GOLDCLIFF RESOURCE CORPORATION ("GCN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 3, 2010:
Number of Shares: | 14,000,000 flow-through shares | ||||
Purchase Price: | $0.10 per share | ||||
Warrants: | 7,000,000 share purchase warrants to purchase 7,000,000 shares | ||||
Warrant Exercise Price: | $0.20 for a one year period | ||||
Number of Placees: | 29 placees | ||||
Insider / Pro Group Participation: | |||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||
George Sanders Edwin Ross Rockel Leonard Saleken |
Y Y Y |
300,000 200,000 200,000 |
|||
Finders' Fees: |
|
$14,000 payable to Raymond James Ltd. $63,000 payable to Limited Market Dealer 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.]
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GWR RESOURCES INC. ("GWQ")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced September 2, 2010:
Number of Shares: | |
5,213,066 non flow-through shares 4,737,750 flow-through shares |
|
||
Purchase Price: | |
$0.15 per non flow-through share $0.16 per flow-through share |
|
||
Warrants: | 9,950,816 share purchase warrants to purchase 9,950,816 shares | ||||
Warrant Exercise Price: | |
$0.25 for an eighteen month period for warrants attached to the non flow-through shares $0.25 for a twelve month period for warrants attached to the flow-through shares |
|
||
Number of Placees: | 59 placees | ||||
Insider / Pro Group Participation: | |||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||
William Rogers Wanda Friesen Irvin Eisler Harley Sinclair Robert Shives Richard Cushing Lars Glimhagen Kevin Bay |
P P Y Y Y P Y Y |
250,000 33,333 100,000 68,224 62,500 150,000 31,250 300,000 |
|||
Agent's Fee: | $149,199.99 and 796,064 Agent Warrants, exercisable into one non-flow through common share at $0.25 for an eighteen month period, payable to Canaccord Genuity 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. [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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HAWTHORNE GOLD CORP. ("HGC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 24, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced October 14, 2010:
Number of Shares: | 23,303,636 shares | ||||||||
Purchase Price: | $0.11 per share | ||||||||
Number of Placees: | 34 placees | ||||||||
Insider / Pro Group Participation: | |||||||||
Name |
Insider=Y / ProGroup=P / |
|
# of Shares | ||||||
Hemmingsen Investment Corporation (Richard Barclay) Michael J. Beley Bolder Opportunities I L.P. Bolder Opportunities II L.P. Shijia Tang Freeform Communications Inc. (Robert Ferguson) Anthony P. Fierro Greg Nelson John D. Ellis James Oleynick Bernard H. Kahlert David Murdoch Robert Mawhinney |
Y Y P P Y Y P P P P Y P P |
500,000 250,000 1,500,000 500,000 909,090 350,000 500,000 100,000 100,000 300,000 50,000 50,000 90,000 |
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.
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HYPERION EXPLORATION CORP. ("HYX")
[formerly Triple 8 Energy Ltd. ("TEE")]
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced October 13, 2010:
Number of Shares (on a Pre-Consolidation basis): |
|
383,334,000 subscription receipts ("Receipts") 35,295,000 common shares issued on a flow-through basis ("FT Shares") Each Receipt will entitle the holder thereof to receive one common share and one-half of one common share purchase warrant |
|
||
Purchase Price (on a Pre-Consolidation basis): |
|
$0.075 per Receipt $0.085 per FT Share |
|
||
Warrants: | 191,667,000 share purchase warrants to purchase 191,667,000 shares | ||||
Warrant Exercise Price: | $0.10 for up to 30 months from date of issuance | ||||
Number of Placees: | 183 placees | ||||
Insider / Pro Group Participation: | |||||
Name |
Insider=Y / ProGroup=P / |
# of Securities |
|||
Peter O'Neil Gregory Turnbull Larry Hammond Dejan Kukic Ken G. MacDonald Sheila Leonard Steve Horth Scott Wigle Simon Akit Mark Maybank Tim Hughes James Osler Darcie Crowe Darren Hunter Francine Horvath-Gaasenbeek Matthew Gaasenbeek Patrick McBride |
Y Y Y P P P P P P P P P P P P P P |
340,000 Receipts 1,300,000 Receipts 665,000 Receipts 342,400 Receipts 330,000 Receipts 400,000 Receipts 550,000 Receipts 330,000 Receipts 135,000 Receipts 800,000 Receipts 330,000 Receipts 133,000 Receipts 133,000 Receipts 333,000 Receipts 667,000 Receipts 1,333,000 Receipts 330,000 Receipts |
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Agents' Fees: | |
$690,001 cash payable to GMP Securities L.P. $690,001 cash payable to Canaccord Genuity Corp. $129,375 cash payable to Wellington West Capital Markets Inc. $129,375 cash payable to Mackie Research Capital Corporation $43,125 cash payable to Raymond James Ltd. |
|
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INTERNATIONAL BIO RECOVERY CORPORATION ("IBR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 12, 2010:
Number of Shares: | 14,285,714 shares | ||||
Purchase Price: | $0.07 per share | ||||
Warrants: | 14,285,714 share purchase warrants to purchase 14,285,714 shares | ||||
Warrant Exercise Price: | $0.12 for a two year period | ||||
Number of Placees: | 4 placees | ||||
Insider / Pro Group Participation: | |||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||
Thomas Anderson Robert Bosa Ottavio Boffo |
Y Y Y |
7,142,850 2,380,955 2,380,955 |
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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KENT EXPLORATION INC. ("KEX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 24, 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 November 16, 2010:
Number of Shares: | 2,973,000 shares | ||||
Purchase Price: | $0.12 per share | ||||
Warrants: | 2,973,000 share purchase warrants to purchase 2,973,000 shares | ||||
Warrant Exercise Price: |
|
$0.18 for a one year period $0.22 in the second year |
|
||
Number of Placees: | 14 placees | ||||
Insider / Pro Group Participation: | |||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||
Graeme O'Neill | Y | 1,750,000 | |||
Finder's Fee: | $9,000 and 75,000 compensation options, exercisable at $0.12 for a one year period into one common share and one share purchase warrant, whereby each warrant has the same terms as above, payable to PI Financial 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. [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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KINETEX RESOURCES CORPORATION ("KTX")
BULLETIN TYPE: Company Tier Reclassification, Remain Suspended
BULLETIN DATE: November 24, 2010
TSX Venture Tier 1 Company
In accordance with Policy 2.5, the Company has not met the requirements for a Tier 1 company. Therefore, effective Thursday November 25, 2010, the Company's Tier classification will change from Tier 1 to:
Classification
Tier 2
Further to the Exchange Bulletin dated July 22, 2010, trading in the shares of the Company will remain suspended.
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LAGO DOURADO MINERAL LTD. ("LDM")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a notice with respect to the closing of 2,000,000 additional shares by Jennings Capital Inc. and Raymond James Ltd. upon exercise of the Over-Allotment Option as further described in the Company's IPO Prospectus dated November 4, 2010.
For further information, please see the Company's news release dated November 23, 2010.
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LGC SKYROTA WIND ENERGY CORP. ("LGS")
BULLETIN TYPE: Halt
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
Effective at 9:18 a.m. PST, November 24, 2010, trading in the shares of the Company was halted for failure to maintain Exchange requirements; this regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.
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LGC SKYROTA WIND ENERGY CORP. ("LGS")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated November 24, 2010, trading in the shares of the Company will remain halted. The Company has failed to have a minimum of three directors as required by Exchange Policy 3.1.
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MIDWAY GOLD CORP. ("MDW")
BULLETIN TYPE: Prospectus-Unit Offering
BULLETIN DATE: November 24, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted the Company's Prospectus Supplement dated November 12, 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 November 22, 2010, for gross proceeds of US$3,996,000.
Agent: | Haywood Securities Inc. | |||
Offering: | 6,660,000 units. 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: | $0.90 per share for a term of 24 months. |
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NEW UNIVERSITY HOLDINGS CORP. ("NUH.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
Effective at the open Thursday, November 25, 2010, trading in the Company's shares will resume, the Exchange having received satisfactory documentation with respect to the closing of the Offering.
For further information, please refer to the Company's news release dated November 23, 2010.
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PARKLAND ENERGY SERVICES INC. ("PKE")
BULLETIN TYPE: Note/Debentures, Bonus Shares
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's issuance of a combination of US debentures which bear an interest rate of 15% per annum for a period of two years and US senior notes which bear an interest rate of 13% per annum for a period of two years. The maximum amount of the combination of the notes and debentures to be issued will be $10,000,000. In consideration for the loans provided, the Company issued 7,022,728 shares at a price of $0.175 per share and 154,604 shares at a price of $0.23 per share.
________________________________________
PARKLAND ENERGY SERVICES INC. ("PKE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to an Acquisition Agreement (the "Agreement") between the Company and Columbia Petroleum, LLC (the "Vendor"). Pursuant to the terms of the Agreement, the Company will acquire: (i) a 0.96357% interest in the Nick Ross Well; (ii) a 75% working interest in 8 offset wells; and certain other assets of the Vendor. Consideration will be US$2.2 million which will be paid in US$500,000 cash and the assumption of US$1,700,000 in debt.
________________________________________
PARKLAND ENERGY SERVICES ("PKE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a Share Purchase Agreement dated April 1, 2010 (the "Agreement") between the Company and Sandra Woitas and Jane Wyatt (the "Vendors"). Under the terms of the Agreement the Company will acquire all of the issued and outstanding shares of the Vendor. In consideration the Company will pay $1,000,000 cash and issue 6,521,739 common shares at a deemed price of $0.23 per share.
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PARTNERS REAL ESTATE INVESTMENT TRUST ("PAR.UN")
[formerly Partners Real Estate Investment Trust ("CRH.UN")]
BULLETIN TYPE: Symbol Change
BULLETIN DATE: November 24, 2010
TSX Venture Tier 1 Company
Effective at the opening, November 25, 2010, the trading symbol for Partners Real Estate Investment Trust will change from ('CRH.UN') to ('PAR.UN'). There is no change in the company's name, no change in its CUSIP number and no consolidation of capital. The Company is classified as a 'Real Estate' company.
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PIGBOSS FOLLOW-UP GROWTH INC. ("PIG.H")
[formerly Pigboss Follow-up Growth Inc. ("PIG")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective Thursday, November 25, 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 Montreal to NEX.
As of November 25, 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 PIG to PIG.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.
Further to the TSX Venture Exchange bulletin dated May 5, 2010, trading in the Company's securities will remain suspended.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
_______________________________________
PITCHBLACK RESOURCES LTD. ("PIT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 24, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 266,666 shares to settle outstanding debt for $70,000.
Number of Creditors: | 1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
RARE EARTH METALS INC. ("RA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 24, 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 October 27, 2010 and November 1, 2010:
Number of Shares: | 150,000 flow through shares | ||||
Purchase Price: | $0.46 per share | ||||
Warrants: | 150,000 half share purchase warrants to purchase 75,000 shares | ||||
Warrant Exercise Price: | $0.60 for a one year period. The warrants have an acceleration provision such that if after the four month hold period expires, the shares of the Company trade above $0.80 for ten consecutive trading days, then the Company may accelerate the expiry period to 30 days from notice. | ||||
Number of Placees: | 1 placee | ||||
Insider / Pro Group Participation: | |||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||
N. Wayne Reid | Y | 842,000 | |||
Finders' Fees: | Raymond James Ltd. receives $5,520 |
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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REDHAWK RESOURCES INC. ("RDK")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
Effective at opening, November 24, 2010, shares of the Company resumed trading, an announcement having been made over StockWatch.
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RESERVOIR CAPITAL CORP. ("REO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 15, 2010 and October 21, 2010:
Number of Shares: | 5,100,000 shares | ||||
Purchase Price: | $0.60 per share | ||||
Warrants: | 5,100,000 share purchase warrants to purchase 5,100,000 shares | ||||
Warrant Exercise Price: | $0.80 for a one year period | ||||
$0.90 in the second year | |||||
The warrants have an acceleration provision such that if after the expiry of resale restrictions, the closing price of the Company's shares is $1.20 or greater for a period of 20 consecutive trading days, then the Company may accelerate the expiry of the warrants to 21 trading days after giving notice thereof. | |||||
Number of Placees: | 148 placees | ||||
Insider / Pro Group Participation: | |||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||
Andrew Menzies David Tomlin Anthony George Peter O'Connell Ara Ghazarian Adriano Nero Robert Prithe Shirley Prithe Mark Monaghan Chris MacIntyre Andrea Shemilt James Chan Jane Feng Leanna Jiang David Elliott Andrew Williams Miles Thompson |
P P P P P P P P Y Y P P P P P P Y |
125,000 200,000 160,000 100,000 50,000 65,000 25,000 25,000 35,000 35,000 40,000 20,000 15,000 20,000 150,000 50,000 22,500 |
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Finders' Fees: | |
Haywood Securities Inc. receives 30,000 units with the same terms as the above private placement and 20,000 non-transferable finder's warrants, where each warrant is exercisable for one share at a price of $0.60 per share for a two year period. Raymond James Ltd. receives 30,000 units with the same terms as the above private placement and 25,000 non-transferable finder's warrants, where each warrant is exercisable for one share at a price of $0.60 per share for a two year period. Global Resource Investments Ltd. receives 112,750 units with the same terms as the above private placement and 98,950 non-transferable finder's warrants, where each warrant is exercisable for one share at a price of $0.60 per share for a two year period. All Group Financial Services receives 6,000 units with the same terms as the above private placement and 5,000 non-transferable finder's warrants, where each warrant is exercisable for one share at a price of $0.60 per share for a two year period. Northland Capital Partners Inc. receives 42,000 units with the same terms as the above private placement and 35,000 non-transferable finder's warrants, where each warrant is exercisable for one share at a price of $0.60 per share for a two year period. Trimark Trading (Abdul Aziz Hussainali Shariff) receives 18,000 units with the same terms as the above private placement and 15,000 non-transferable finder's warrants, where each warrant is exercisable for one share at a price of $0.60 per share for a two year period. |
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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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SYLOGIST LTD. ("SYZ")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
The Issuer has declared the following dividend:
Dividend per Share: Payable Date: Record Date: Ex-Dividend Date: |
$0.02 December 15, 2010 November 30, 2010 November 26, 2010 |
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THREEGOLD RESOURCES INC. ("THG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to an Option Agreement dated November 15, 2010, in connection with the purchase by the Company of a 75% interest in the 53 mining claims comprising the Hop O'My Thumb and Vauquelin properties located in the Vauquelinl Township in the province of Québec.
The Company must pay $50,000 in cash upon the signing of the Agreement and have carried-out $500,000 of exploration work by the end of the second year. Further, the Company is obligated to make cash payments of $50,000 in each of years one to four inclusive, for a total of $200,000. The Company retains the option to make such payments in the form of either common shares or cash, to a maximum of 2,000,000 common shares (therefore convertible at the market price where the minimum price per share permitted is $0.10).
The Vendor shall retain a 2% Net Smelter Royalty upon full exercise of the Option, one half of which (1%) may be repurchased by the Company for $1,000,000.
For further information, please refer to the Company's press release dated November 16, 2010.
RESSOURCES THREEGOLD INC. (« THG »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 24 novembre 2010
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents en vertu d'une convention d'option d'achat datée du 15 novembre 2010, relativement à l'acquisition d'un intérêt de 75 % dans 53 claims miniers composant les propriétés de « Hop O'My Thumb » et « Vauquelin » situées dans le canton de Vauquelin dans la province du Québec.
La société doit effectuer un paiement initial de 50 000 $ lors de la signature de l'entente et doit avoir effectué 500 000 $ en travaux d'exploration avant la fin de la deuxième année. De plus, la société est obligée d'effectuer les paiements en espèces de 50 000 $ pour chacune des années « un » à « quatre » (inclusivement), pour un total de 200 000 $. La société retient l'option de faire ces paiements sous forme d'actions ordinaires ou en espèces, jusqu'à un maximum de 2 000 000 d'actions ordinaires (donc convertibles au prix du marché avec un prix minimum par action de 0,10 $).
Le vendeur conservera une royauté de 2 % du produit net de la vente des métaux dès que l'option est pleinement exercée, dont la moitié (1 %) peut être rachetée par la société pour une somme de 1 000 000 $.
Pour plus d'information, veuillez-vous référer au communiqué de presse émis par la société le 16 novembre 2010.
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VALDEZ GOLD INC. ("VAZ")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
Effective at the opening, November 25, 2010, trading in the shares of the Company will resume.
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WESTERN STANDARD METALS LTD. ("WSM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 10, 2010:
Number of Shares: | 1,200,000 shares | |||||
Purchase Price: | $0.25 per share | |||||
Warrants: | 1,200,000 share purchase warrants to purchase 1,200,000 shares | |||||
Warrant Exercise Price: | $0.30 for a two year period | |||||
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.
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WHITE PINE RESOURCES INC. ("WPR")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange (the "Exchange") bulletin dated December 8, 2009, the Exchange has consented to a further extension to the expiry date of the following warrants:
Private Placement:
# of Warrants: Original Expiry Date of Warrants: Previously Amended Expiry Date of Warrants: New Expiry Date of Warrants: Exercise Price of Warrants: |
2,000,000 January 26, 2010 January 26, 2011 January 26, 2012 $0.35 |
These warrants were issued pursuant to a private placement of 2,000,000 flow-through shares with 2,000,000 share purchase warrants attached, which was accepted for filing by the Exchange effective December 8, 2009.
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WOULFE MINING CORP. ("WOF")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 24, 2010
TSX Venture Tier 2 Company
Effective at opening, November 24, 2010, shares of the Company resumed trading, an announcement having been made over StockWatch.
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For further information:
Market Information Services at 1-888-873-8392, or email: [email protected]
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