VANCOUVER, Dec. 3 /CNW/ -
TSX VENTURE COMPANIES:
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: December 2, 2010
TSX Venture Company
A Cease Trade Order has been issued by the British Columbia Securities Commission on December 2, 2010 against the following company for failing to file the documents indicated within the required time period:
Symbol |
Tier |
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Company | |
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Failure to File | Period Ending (Y/M/D) |
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ODE | 2 | Odyssey Petroleum Corp. | Annual oil and gas disclosure | 09/12/31 |
Upon revocation of the Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements. Members are prohibited from trading in the securities of the companies during the period of the suspension or until further notice.
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ADRIANA RESOURCES INC. ("ADI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 28, 2010:
Number of Shares: | 27,027,027 shares | |||||
Purchase Price: | $0.37 per share | |||||
Number of Placees: | 7 placees | |||||
Finder's Fee: | $560,000 payable to Global Resources Holding Limited |
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).
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AFRICAN GOLD GROUP, INC. ("AGG")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
Effective at 9:00 a.m. PST, December 3, 2010, shares of the Company resumed trading, an announcement having been made over Marketwire.
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ALERT B&C CORPORATION ("ACB.H")
[formerly Alert B&C Corporation ("ACB")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: December 3, 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 Monday, December 6, 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 December 6, 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 ACB to ACB.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 February 11, 2010, trading in the securities of the Company will remain suspended. Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
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ALTAIR VENTURES INCORPORATED ("AVX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 14, 2010 and October 20, 2010:
Number of Shares: | |
2,848,750 flow-through shares 6,440,000 non-flow-through shares |
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Purchase Price: | |
$0.16 per flow-through share $0.13 per non-flow-through share |
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Warrants: | 1,424,375 flow-through share purchase warrants to purchase 1,424,375 common shares at $0.23 per share for a one year period. | |||
3,220,000 non-flow-through share purchase warrants to purchase 3,220,000 common shares at $0.20 per share for a one year period. | ||||
The warrants are subject to an accelerated exercise provision in the event the Company's shares trade at $0.35 per share or greater for more than 20 consecutive trading days. | ||||
Number of Placees: | 77 placees (31 f/t and 46 nf/t) | |||
Insider / Pro Group Participation: | ||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
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Shayne Nyquvest Andrew Muir Scott Hunter Elsie Emes Bill Whitehead Renee Patterson Monty Sutton Robert Archer Platoro Resource Corp. (Robert A. Archer) Warner Gruenwald Jeff Willis David Goguen Doug Melton Alex Holmes Teresita Kerr Tony Frakes Robert Archer ITF Brynne Archer Robert Archer ITF Meaghan Archer Chester Kmiec |
P P P P P P P Y Y Y P P P P P P Y Y P |
150,000 f/t 75,000 f/t 100,000 f/t 25,000 f/t 100,000 f/t 25,000 f/t 50,000 f/t 100,000 f/t 60,000 f/t 20,000 f/t 40,000 nf/t 250,000 nf/t 250,000 nf/t 100,000 nf/t 200,000 nf/t 100,000 nf/t 35,000 nf/t 35,000 nf/t 30,000 nf/t |
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Finders' Fees: | |
Bradley Aelicks - $27,076.00 Haywood Securities Inc. - $1,400.00 Karim Sayani - $5,880.00 Northern Securities Inc. - $3,640.00 Canaccord Genuity Corp. - 10,500 units with the same terms as the non-flow-through offering Windermere Capital (Canada) Inc. - 49,000 units with the same terms as the non-flow-through offering Leede Financial Markets Inc. - 54,923 and 14,000 units with the same terms as the non-flow-through offering |
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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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APELLA RESOURCES INC. ("APA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 3, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 9, 2010 and December 2, 2010:
Number of Shares: | |
2,452,500 non-flow-through shares 705,000 flow-through shares |
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Purchase Price: | |
$0.15 per non-flow-through share $0.18 per flow-through share |
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Warrants: | 2,452,500 non-flow-through share purchase warrants to purchase 2,452,500 common shares at $0.20 per share for an 18 month period. These warrants are subject to an accelerated exercise provision in the event the Company's shares trade at or above $0.25 for a period of 10 consecutive trading days. | ||||
705,000 flow-through share purchase warrants to purchase 705,000 common shares at $0.30 per share for an 18 month period. These warrants are subject to an accelerated exercise provision in the event the Company's shares trade at or above $0.30 for a period of 10 consecutive trading days. | |||||
Number of Placees: | 28 placees | ||||
Insider / Pro Group Participation: | |||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
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Thomas W. Seltzer Maverick Investment Corp. (Patrick D. O'Brien) |
P Y |
200,000 425,000 |
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Finder's Fee: | Spencer Ross Hewlett will receive a finder's fee of $2,400.00 |
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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ARTHA RESOURCES CORPORATION ("AHC")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletin dated December 2, 2010 with respect to a private placement of 20,000,000 units at a price of $0.15 per unit, the Company will not be paying a finder's fee to Taylor Collison in the amount of $25,000.00 and 25,000 warrants that are exercisable into common shares at $0.30 per share for a two year period.
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ATW GOLD CORP. ("ATW")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 3, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation in connection with a Farm-In Option Agreement between ATW Gold Corp., ('ATW'), Australia Pty Ltd. and Eric John Kempton whereby ATW can earn up to a 100% interest in the Mt. Phillips Gold Prospect that is located in the Gascoyne Region, Western Australia. Consideration is AUD$220,000 (of which AUD$120,000 is payable in the first year and AUD$100,000 is payable in the second year) and AUD$400,000 in exploration expenditures (of which AUD$50,000 must be expended in the first year and AUD$250,000 must be expended in the second year). A 5% NSR royalty will be payable to Kempton on any metal produced from the property.
Thomas G. Stuck will receive a finder's fee of $21,577.50 that is payable over two years on a pro-rata basis.
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AXEA CAPITAL CORP. ("XEA.H")
[formerly AXEA Capital Corp. ("XEA.P")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Reinstated to Trade
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.4, Capital Pool Companies, the Company has not completed a Qualifying Transaction within the prescribed time frame. Therefore, effective at the opening on Monday, December 6, 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 Calgary to NEX. As of December 6, 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 XEA.P to XEA.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
Effective at the opening December 6, 2010, trading will be reinstated in the securities of the Company
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BIOTONIX (2010) INC. ("BTX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 3, 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 October 21, 2010:
Number of Shares: | 493,332 common shares | |||||
Purchase Price: | $0.60 per common share | |||||
Warrants: | 246,666 warrants to purchase 246,666 common shares | |||||
Warrants Exercise Price: | $1.00 until November 2, 2012 | |||||
Number of Placees: | 9 placees | |||||
Finder's Fee: | Yves Durand and Gestion Avencorp Inc. respectively received the amounts of $22,499.90 and $2,100 in cash. |
The Company has announced the closing of the Private Placement by way of a press release dated November 2, 2010.
BIOTONIX (2010) INC. (« BTX »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 3 décembre 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 par l'entremise d'un courtier, tel qu'annoncé le 21 octobre 2010 :
Nombre d'actions : | 493 332 actions ordinaires | |||||
Prix : | 0,60 $ par action ordinaire | |||||
Bons de souscription : | 246 666 bons de souscription permettant de souscrire à 246 666 actions ordinaires | |||||
Prix d'exercice des bons : | 1,00 $ jusqu'au 2 novembre 2012 | |||||
Nombre de souscripteurs : | 9 souscripteurs | |||||
Honoraires d'intermédiation : | Yves Durand et Gestion Avencorp inc. ont reçu respectivement les montants de 22 499,90 $ et 2 100 $ en espèces. |
La société a annoncé la clôture du placement privé précité par voie d'un communiqué de presse daté du 2 novembre 2010.
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BONANZA RESOURCES CORPORATION ("BRS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 7, 2010:
Number of Shares: | 25,000,000 shares | ||||
Purchase Price: | $0.25 per share | ||||
Warrants: | 12,500,000 share purchase warrants to purchase 12,500,000 shares. The warrants are subject to a right of call by the Company in the event the Company's shares trade above $0.50 per share over a consecutive 20 day period. | ||||
Warrant Exercise Price: | $0.40 to December 1, 2012 | ||||
Number of Placees: | 238 placees | ||||
Insider / Pro Group Participation: | |||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
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Byron Coulthard David Russell Randy Butchard Edward Reisner Martin Tielker Katie Gusola Thomas Seltzer Azim Dhalla Jim Sabiston |
Y Y P P P P P P P |
4,966,666 200,000 764,023 100,000 50,400 25,000 150,000 50,000 100,000 |
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Finders' Fees: | |
PI Financial Corp. - $13,300 and 53,200 Broker Warrants Haywood Securities Inc. - $20,900, 12,000 units and 95,600 Broker Warrants Union Securities Ltd. -$2,850, 10,200 units and 22,800 Broker Warrants Macquarie Private Wealth - $40,000 and 75,200 Broker Warrants Source Capital - $17,000, 106,400 units and 174,400 Broker Warrants John Horwood - $20,500 Darcy Higgs - $6,000 and 24,000 Broker Warrants Patrice Nazareno - $8,600 and 34,400 Broker Warrants CIBC Wood Gundy - $6,000 and 24,000 Broker Warrants Canaccord Genuity Corp. - $40,400, 550,000 units and 711,600 Broker Warrants and 82,000 Broker Warrants John Williams - $1,700, 10,000 units and16,800 Broker Warrants Wolverton Securities Ltd. - $20,700 and 66,800 Broker Warrants Leede Financial Market Inc. - $50,000, 96,000 units and 296,000 Broker Warrants Macquarie Private Wealth - $21,200 and $269,150, 784,600 units and 1,761,600 Broker Warrants |
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The Finder's units have the same terms as the offering. The Broker Warrants are exercisable into common shares at $0.30 per share to December 1, 2012 and are subject to a right of call.
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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CABRE CAPITAL CORP. ("CCB.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Prospectus dated November 10, 2010 has been filed with and accepted by TSX Venture Exchange and the British Columbia, Alberta and Ontario Securities Commission effective November 10, 2010 pursuant to the provisions of the British Columbia, Alberta and Ontario Securities Act. The Common Shares of the Company will be listed on TSX Venture Exchange on the effective date stated below.
The Company has completed its initial distribution of securities to the public. The gross proceeds received by the Company for the Offering were $200,000 ( 2,000,000 common shares at $0.10 per share).
Commence Date: | At the opening of Monday, December 6, 2010, the Common shares will commence trading on TSX Venture Exchange. | |||||||||||
Corporate Jurisdiction: | British Columbia | |||||||||||
Capitalization: Escrowed Shares: |
unlimited 4,200,000 2,200,000 |
common shares with no par value of which common shares are issued and outstanding common shares |
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Transfer Agent: Trading Symbol: CUSIP Number: Sponsoring Member: |
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Valiant Trust Company CCB.P 12710P 10 0 PI Financial Corp. |
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Agent's Options: | 200,000 non-transferable stock options. One option to purchase one share at $0.10 per share up to 24 months. | |||||||||||
For further information, please refer to the Company's Prospectus dated November 10, 2010. | ||||||||||||
Company Contact: Company Address: Company Phone Number: Company Fax Number: Company Email Address: |
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John A. Versfelt 120 Lonsdale Avenue, 3rd Floor, North Vancouver, BC V7M 2E8 604-984-8894 604-983-8056 [email protected] |
Seeking QT primarily in the following sector(s): Unknown
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CANADIAN INTERNATIONAL MINERALS INC. ("CIN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Purchase Agreement dated November 18, 2010 between the Company and Spectre Investments Inc. (Michael Townsend) whereby the Company has acquired 2 mineral claims located in the Carbo Mining Division, British Columbia. Consideration is 600,000 common shares.
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CANDORADO OPERATING COMPANY LTD. ("CDO")
BULLETIN TYPE: Property-Asset or Share Purchase Agreements
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation in connection with the following:
- An Option Agreement dated November 25, 2010 between the Company and Richard Macey whereby the Company has been granted an option to acquire the Saignat claim that is located in the vicinity of Lac Aulneau in the Province of Quebec. Consideration is $20,000 and 3,000,000 common shares. The Company grants a 2% NSR to the Vendor of which 1% shall be purchasable by the Company for a one-time payment of $1,000,000 subject to further Exchange review and acceptance.
- An Option Agreement dated November 18, 2010 between the Company and Blair Naughty whereby the Company has been granted an option to acquire the Teesha Claims that is located in the Wicheeda Casrbonatit Belt north of Prince George, British Columbia. Consideration is $5,000 and 5,000,000 common shares of which 4,000,000 shares are payable in the first year and 1,000,000 shares are payable in the second year. The Company grants a 2% NSR to the Vendor of which 1% shall be purchasable by the Company for a one-time payment of $1,000,000 subject to further Exchange review and acceptance.
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CANGOLD LIMITED ("CLD")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
Private Placement:
# of Warrants: Original Expiry Date of Warrants: New Expiry Date of Warrants: Exercise Price of Warrants: |
10,900,000 December 20, 2010 December 20, 2011 $0.10 |
These warrants were issued pursuant to a private placement of 10,900,000 shares with 10,900,000 share purchase warrants attached, which was accepted for filing by the Exchange effective December 21, 2009.
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COLUMBUS GOLD CORPORATION ("CGT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
Effective at the opening, December 3, 2010, shares of the Company resumed trading, an announcement having been made over StockWatch.
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EMPIRE CAPITAL CORP. ("EPM")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
Pursuant to Policy 1.2, TSX Venture Exchange has been advised of, and accepted the change of the Filing and Regional Office from Vancouver, BC to Montreal, QC.
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ENCORE RENAISSANCE RESOURCES CORP. ("EZ")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Amended Agreement dated November 10, 2010 between Encore Renaissance Resources Corp. (the "Company") and BCT Mining Corp. ("BCT"), whereby the Company wishes to enter into an agreement to amend the earn-in requirements and to exercise its option to earn its 75% interest in the Bonaparte Property (the "Property"). The Company has paid a total of $7,000,000, issue 12,500,000 shares and incurred work costs of at least $3,405,401 and has earned a 51% interest in the Property. In order to earn a 75% interest in the Property, the Company must pay a further $1,750,000 and issue 20,000,000 shares to BCT. In consideration of the excess work costs incurred by the Company on the Property, BCT has agreed to accept the issuance of 20,000,000 shares by the Company as the final payment required for the Optionee to earn a 75% interest in the Property and waive the payment of the further $1,750,000.
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GOLDEN TAG RESOURCES LTD. ("GOG")
BULLETIN TYPE: Private Placement Non-Brokered
BULLETIN DATE: December 3, 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 November 10, 2010:
Number of Shares: | 6,000,000 common shares | |||||
Purchase Price: | $0.50 per common share | |||||
Warrants: | 6,000,000 warrants to purchase 6,000,000 common shares | |||||
Warrant Exercise Price: | $0.60 per share for an initial 12-month period following the closing of the Private Placement and at $0.70 for the subsequent 12 months | |||||
Number of Placees: | 4 placees | |||||
Finder's Fees: | $175,000 was paid to PowerOne Capital Markets Limited ("PowerOne") and $5,079.38 was paid to SODOMEX Management Inc. as a financing fee. In addition, PowerOne received 500,000 finder's warrants to purchase 500,000 units of the Private Placement at a price of $0.50 per unit for a period of 24 months following the closing, each comprised of one common share and one common share purchase warrant. Each warrant carries the same terms as those of the Private Placement. |
The Company has announced the closing of the Private Placement via the issuance of a press release dated December 2, 2010.
RESSOURCES GOLDEN TAG LTÉE (« GOG »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 3 décembre 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 10 novembre 2010 :
Nombre d'actions : | 6 000 000 d'actions ordinaires | |||||
Prix : | 0,50 $ par action ordinaire | |||||
Bons de souscription : | 6 000 000 de bons de souscription permettant de souscrire à 6 000 000 d'actions ordinaires | |||||
Prix d'exercice des bons : | 0,60 $ par action pour une période initiale de 12 mois suivant la clôture du placement privé et 0,70 $ pour les 12 mois suivants | |||||
Nombre de souscripteurs : | 4 souscripteurs | |||||
Honoraire d'intermédiation : | 175 000 $ a été payé à PowerOne Capital Markets Ltd. (« PowerOne ») et 5 079,38 $ a été payé à Gestion SODOMEX inc. as a financing fee. De plus, PowerOne a reçu 500 000 bons de souscription permettant d'acquérir 500 000 unités du placement privé au prix de 0,50 $ l'unité pendant une période de 24 mois, chacun comprenant une action ordinaire et un bon de souscription. Chaque bon de souscription porte les mêmes termes que ceux du placement privé. |
La société a annoncé le placement privé précité par voie de l'émission d'un communiqué de presse daté du 2 décembre 2010.
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GWR RESOURCES INC. ("GWQ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 29, 2010:
Number of Shares: | 6,250,000 flow-through shares | |||||
Purchase Price: | $0.28 per share | |||||
Warrants: | 3,125,000 share purchase warrants to purchase 3,125,000 shares | |||||
Warrant Exercise Price: | $0.50 for a two year period | |||||
Number of Placees: | 8 placees | |||||
Finder's Fee: | $102,000 and 485,714 Finders Options, exercisable at $0.28 for a two year period into units, whereby each unit consists of one common share and one-half of one share purchase warrant with the same terms as above, 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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INTERCABLE ICH INC. ("ICH.H")
[formerly Intercable ICH Inc. ("ICH")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: December 3, 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 Monday, December 6, 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 December 6, 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 ICH to ICH.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 June 3, 2010, trading in the securities of the Company will remain suspended. Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
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KAIYUE INTERNATIONAL INC. ("KYU.P")
BULLETIN TYPE: Halt
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
Effective at 8:43 a.m. PST, December 3, 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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MAYA GOLD & SILVER INC. ("MYA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted the filing of the documentation with respect to a Non-Brokered Private Placement, announced on October 19, 2010:
Number of Shares: | 5,446,427 common shares | |||||
Purchase Price: | $0.28 per common share | |||||
Warrants: | 5,446,427 warrants to purchase 5,446,427 common shares. | |||||
Warrant Exercise Price: | $0.40 during a period of 24 months following the closing | |||||
Number of Placees: | 15 placees | |||||
Finder's Fees: | SC Strategy Consult AG, Mine Management Inc., Raymond James Inc., Gijsbert Groenwegen, Nikolas Sofronis, and Mülhaupt & Partner were respectively paid the following amounts in cash: $32,060, $26,250, $1,680, $2,750, $5,040, and $4,900. Further, Cormel Capital Sàrl was issued 42,000 units of the Private Placement, each comprised of one common share and one common share purchase warrant bearing the same terms as those of the Private Placement. |
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.
MAYA OR & ARGENT INC. (« MYA »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 3 décembre 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 19 octobre 2010 :
Nombre d'actions : | 5 446 427 actions ordinaires | |||||
Prix : | 0,28 $ par action ordinaire | |||||
Bons de souscription : | 5 446 427 de bons de souscription permettant de souscrire à 5 446 427 actions ordinaires. | |||||
Prix d'exercice des bons : | 0,40 $ par action pendant une période de 24 mois suivant la clôture | |||||
Nombre de souscripteurs : | 15 souscripteurs | |||||
Honoraires d'intermédiaire : | Les montants de 32 060 $, 26 250 $, 1 680 $, 2 750 $, 5 040 $ et 4 900 $ ont été payés en espèces à SC Strategy Consult AG, Mine Management inc., Raymond James Inc., Gijspert Groenwegen, Nikolas Sofornis et Mülhaupt & Partner, respectivement. De plus, Cormel Capital Sàrl a reçu 42 000 unités du placement privé, chacun composé d'une action ordinaire et d'un bon de souscription portant les mêmes termes que ceux du placement privé. |
En vertu du paragraphe 1.11(d) de la politique 4.1 de la Bourse, la société doit émettre un communiqué de presse annonçant la clôture du placement privé et précisant les dates d'expiration de la (des) période(s) de détention. La société doit également émettre un communiqué de presse si le placement privé ne clôture pas dans le délai anticipé.
___________________________________________
MBMI RESOURCES INC. ("MBR")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated October 27, 2010, the Company advises that the following information is amended:
Finders' Fees: | |
$74,160 cash and 254,600 warrants exercisable at $0.25 for two years payable to Uxbridge Capital Funding Inc. 75,000 warrants (same terms as above) payable to National Bank Financial. $19,800 cash payable to Keith Wallace |
________________________________________
METANOR RESOURCES INC. ("MTO")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: December 3, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Brokered Private Placement announced on October 21 and November 16, 2010:
Number of Shares: | 8 965 242 common shares | |||||
Purchase Price: | $0.515 per common share | |||||
Number of subscribers: | 22 | |||||
Finders: | Secutor Capital Management, Industrial Alliance Securities Inc., Limited Market Dealer Inc., Versant Partners Inc. and Warran Manis | |||||
Finder's Fee: | A total of $324,086.53 in cash. |
The Company has confirmed the closing of the Private Placement by way of press releases dated October 22 and November 17, 2010.
RESSOURCES MÉTANOR INC. (« MTO »)
TYPE DE BULLETIN : Placement privé par l'entremise d'un courtier
DATE DU BULLETIN : Le 3 décembre 2010
Société du groupe 1 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé par l'entremise d'un courtier, tel qu'annoncé le 21 octobre et 16 novembre 2010 :
Nombre d'actions : | 8 965 242 actions ordinaires | |||||
Prix : | 0,515 $ par action ordinaire | |||||
Nombre de souscripteurs : | 22 | |||||
Intermédiaires : | Secutor Capital Management, L'Industrielle Alliance Valeurs mobilières inc., Limited Market Dealer Inc., Versant Partners Inc. and Warran Manis | |||||
Rémunération de l'intermédiaire : | Un total de 324 086,53 $ en espèces. |
La société a confirmé la clôture du placement privé par voie de communiqués de presse datés du 22 octobre et 17 novembre 2010.
____________________________________________
MILL CITY GOLD CORP. ("MC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option and joint venture agreement dated November 8, 2010 between Mill City Gold Corp. (the 'Company') and The Yukon Cornelius Syndicate (a private BC enterprise), whereby the Company will acquire a 70% interest in 48 mineral claims located in the Dawson Mining District, Yukon Territory.
Total consideration consists of $1,450,000 in cash payments, 2,800,000 shares of the Company, and $200,000 in work expenditures as follows:
CASH | SHARES | WORK EXPENDITURES | ||||||||||
Year One Year Two Year Three Year Four Year Five Year Six |
$75,000 $75,000 $100,000 $200,000 $400,000 $600,000 |
200,000 300,000 400,000 400,000 500,000 1,000,000 |
$200,000 $0 $0 $0 $0 $0* |
*The Company must give written notice within the sixth year of its commitment to fund the preparation of a feasibility study and must then deliver a positive feasibility report within three years after such date.
Subject to further Exchange approval, the Company may issue shares to satisfy the cash payments of years two through six. The deemed price of the shares will be the average of the closing prices of the Company's shares on the Exchange over the 20 trading days immediately preceding the relevant anniversary date, less any allowable discount, and subject to a minimum price of $0.125 per share.
In addition, there is a 3% net smelter returns royalty relating to the acquisition. An advance royalty of $100,000 is payable by the Company on the sixth anniversary and each year thereafter until the first royalty payment after commencement of commercial production. The Company may at any time up to the 90th day after delivery of a positive feasibility report purchase 1% of the net smelter return for $1,500,000 in order to reduce the total net smelter returns royalty to 2%.
________________________________________
MINAURUM GOLD INC. ("MGG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a letter agreement dated October 13, 2010 between Minaurum Gold Inc. (the 'Company') and Minera Mariposa S.A. de C.V. (Peter K.M. Megaw, Porfirio C.A. Padilla-Lara, Carl Kuehn, and David McKinley Jones), whereby the Company will acquire a 100% interest in the Corazonada Silver-Gold project comprised of 5,597 hectares located in Morelos state, Mexico.
Total consideration consists of $400,000 in cash payments and 900,000 shares of the Company as follows:
CASH | SHARES | |||||||||||
Within five days of Exchange approval Within 60 days of Exchange approval Year 1 Year 2 Year 3 |
$25,000 $0 $50,000 $100,000 $175,000 |
0 175,000 175,000 225,000 275,000 |
Within 30 days of receipt of all necessary approvals from applicable Xalostoc Ejido authorities allowing the Company to undertake a drilling program on that portion of the project which forms part of the Xalostoc Ejido, the Company will pay $50,000 and issue 50,000 shares.
We note that if the cash payments are accelerated, there will be a decrease in the amount required to be paid. Upon commencement of commercial production, the company will pay the lesser of $5,000,000 or 1,000,000 common shares with a deemed price as of the date of issue.
In addition, there is a 2% non-dilutable and fully assignable net smelter return relating to the acquisition. Mexican Federal and State Royalties, if any, shall be deducted as an expense prior to the calculation of the net smelter return.
________________________________________
MOLYCOR GOLD CORP. ("MOR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 17, 2010:
Number of Shares: | 5,250,000 flow-through shares | |||||
Purchase Price: | $0.08 per share | |||||
Warrants: | 5,250,000 share purchase warrants to purchase 5,250,000 shares | |||||
Warrant Exercise Price: | $0.13 for a two year period | |||||
Number of Placees: | 5 placees | |||||
Finders' Fees: | |
$21,000 cash and 350,000 finder's warrants exercisable at $0.13 for two years payable to Limited Market Dealer Inc. $2,000 cash payable to Ronald Kolman. |
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.
________________________________________
NEW PACIFIC METALS CORP ("NUX")
BULLETIN TYPE: Halt
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
Effective at 8:34 a.m. PST, December 3, 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.
________________________________________
NEW PACIFIC METALS CORP. ("NUX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
Effective at 10:00 a.m. PST, December 3, 2010, shares of the Company resumed trading, an announcement having been made over Stockwatch.
________________________________________
NQ EXPLORATION INC. ("NQE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 3, 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 November 22, 2010:
Number of Shares: | 6,666,000 flow-through common shares and 2,000,000 common shares | ||||
Purchase Price: | $0.12 per flow-through common share and $0.10 per common share | ||||
Warrants: | 1,000,000 warrants to purchase 1,000,000 common shares. | ||||
Warrant Exercise Price: | $0.125 per share for a 24-month period. | ||||
Number of Placees: | 81 placees | ||||
Insider / Pro Group Participation: | |||||
Name |
Insider = Y / Pro Group = P |
Number of Shares |
|||
Jean-François Perreault | P | 25,998 | |||
Finder's Fees: | NBCN Inc. ("NBCN"), Canaccord Genuity Corp. ("Canaccord"), Fin-XO ("Fin"), Norstar Securities Limited Partnership ("Norstar"), and Rémi Daigneault respectively received the amounts of $12,900, $52,500, $9,600, $12,000 and $3,000 in cash. Further, NBCN, Canaccord, Fin, and Norstar respectively received warrants to purchase common shares at an exercise price of $0.125 per share over a period of 24 months following the closing of the Private Placement, as follows: 111,791, 454,965, 83,194, and 103,992. |
The Company has confirmed the closing of the above-mentioned Private Placement.
EXPLORATION NQ INC. (« NQE »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 3 décembre 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 22 novembre 2010 :
Nombre d'actions : | 6 666 000 actions ordinaires accréditives et 2 000 000 d'actions ordinaires | ||||
Prix : | 0,12 $ par action ordinaire accréditive et 0,10 $ par action ordinaire | ||||
Bons de souscription : | 1 000 000 de bons de souscription permettant de souscrire à 1 000 000 d'actions ordinaires. | ||||
Prix d'exercice des bons : | 0,125 $ par action pour une période de 24 mois. | ||||
Nombre de souscripteurs : | 81 souscripteurs | ||||
Participation Initié / Groupe Pro : | |||||
Nom |
Initié = Y / Groupe Pro = P |
Nombre d'actions |
|||
Jean-François Perreault | P | 25 998 | |||
Frais d'intermédiaire : | NBCN inc. (« NBCN »), Canaccord Genuity Corp. (« Canaccord »), Fin-XO (« Fin »), Norstar Securities Limited Partnership (« Norstar ») et Rémi Daigneault ont reçu respectivement 12 900 $, 52 500 $, 9 600 $, 12 000 $ et 3 000 $ en espèces. De plus, NBCN, Canaccord, Fin et Norstar ont reçu respectivement 111 791, 454 965, 83 194 et 103 992 bons de souscription leur permettant d'acquérir des actions ordinaires au prix de 0,125 $ l'action pendant une période 24 mois suivant la clôture du placement privé. |
La société a confirmé la clôture du placement privé mentionné ci-dessus.
_______________________________________________
OCEANIC IRON ORE CORP. ("FEO")
[formerly Pacific Harbour Capital Ltd. ("PCF")]
BULLETIN TYPE: Change of Business, Private Placement-Non-Brokered, Name Change, Symbol Change, Resume Trading
BULLETIN DATE: December 3, 2010
TSX Venture Tier 1 Company
Change of Business:
TSX Venture Exchange has accepted for filing the Change of Business which is disclosed in the Filing Statement dated November 22, 2010, which has been approved by the consent of shareholders of the Pacific Harbour Capital Ltd. (the "Company"). The acceptance includes the following transactions:
Acquisition Agreement to acquire a 100% interest in the Ungava Iron Properties, Ungava Region, Quebec, between the Company and John Patrick Sheridan and Peter Ferderber (collectively the "Vendors���). Consideration for this transaction is:
- issue 30,000,000 Common Shares;
- pay minimum advance annual net smelter returns royalty payments of $200,000 commencing November 30, 2011; and
- grant a 2% net smelter returns royalty.
The Settlement Agreement between the Company and Kataria Holdings Limited, a British Virgin Islands company (the "Kataria Group"). In consideration for Kataria entering into the Settlement Agreement and agreeing to settle all claims it may have in respect of the Property, the Ontario Proceedings and the ICC Arbitration, Pacific Harbour has agreed to:
- pay Kataria U.S.$2,000,000; and
- issue Kataria 8,000,000 Common Shares, of which 4,000,000 Common Shares will be held in escrow and only released upon receipt of an independent report under NI 43-101 which validates a resource on the Property equal to or greater than 450 million tonnes of 35% or more iron ore content.
The Tri-Partite Agreement, effective on the Closing Date, whereby the Vendors, OIOC and the Kataria Group have agreed to dismiss the Ontario Proceedings and withdraw the ICC Arbitration and release each other from all claims in respect thereof.
In respect of the acquisition a finder's fee of $50,000 and 250,000 common shares is payable to Bahram Ebrahimi and a finder's fee of $52,500 and 760,000 common shares is payable to Endeavour Financial Ltd.
The Company is classified as a 'Mining Company' company.
In addition, the Exchange has accepted for filing the following:
Private Placement-Non-Brokered:
First Financing:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on October 7, 2010:
Number of Shares: | 13,125,000 shares | ||||
Purchase Price: | $0.40 per share | ||||
Warrants: | 6,562,500 share purchase warrants to purchase 6,562,500 shares | ||||
Warrant Exercise Price: | $ 0.65 for a five year period | ||||
Number of Placees: | 72 placees | ||||
Insider / Pro Group Participation: | |||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||
Bedrock Capital Corporation Ltd. (Paul Matysek) Peter Brown Azim Dhalla Neil Johnson Gordon Keep Paul Matysek Amanda Morris Ali Pejman John Reynolds John Ross Robert Sali Mike Siggs Marc Simpson |
Y P P P Y Y P P Y P P P P |
450,000 300,000 62,500 62,500 562,500 150,000 187,500 250,000 125,000 50,000 562,000 37,500 50,000 |
|||
Finder's Fee: | $262,500 payable to Peninsula Merchants Syndication 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.
Second Financing:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on November 23, 2010:
Number of Shares: | 17,950,000 shares | ||||
Purchase Price: | $0.50 per share | ||||
Number of Shares: | 10,450,000 Flow Through Shares | ||||
Purchase Price: | $0.55 per share | ||||
Warrants: | 28,400,000 share purchase warrants to purchase 28,400,000 shares | ||||
Warrant Exercise Price: | $1.00 for a five year period | ||||
Number of Placees: | 45 placees | ||||
Insider / Pro Group Participation: | |||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||
485374 BC Ltd. (Harry Pokrandt) Sharon Ahamed Mahmood Ahamed Bedrock Capital Corporation Ltd. (Paul Matysek) Gina Holliday Gordon Keep Michael Marosits Michael Noc John Reynolds Robert Sali Gregg Sedun Donato Sferra John Brian Zaozirny |
P P P Y P Y P P Y P Y P P |
300,000 100,000 25,000 135,000 25,000 100,000 150,000 400,000 100,000 150,000 700,000 100,000 150,000 |
|||
Finders' Fees: | |
$736,125 payable to Peninsula Merchants Syndication Corp. $147,225 payable to Endeavour Financial Ltd. |
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.
Resume trading:
Effective at market open, Monday, December 6, 2010, shares of the Company will resume trading.
Name Change:
Pursuant to a resolution passed by shareholders, the Company has changed its name to Oceanic Iron Ore Corp. There is no consolidation of capital.
Effective at the opening Monday, December 6, 2010, the common shares of Oceanic Iron Ore Corp. will commence trading on TSX Venture Exchange, and the common shares of Pacific Harbour Capital Ltd. will be delisted. The Company is classified as a 'Mining Company' company.
Capitalization: Escrowed: Escrowed: Escrowed: |
Unlimited 128,134,717 2,000,000 30,000,000 4,000,000 |
shares with no par value of which shares are issued and outstanding common shares are subject to 36 month staged release escrow common shares are subject to 36 month staged release escrow as to 10% of the shares on March 31, 2011, 10% of the shares six months following the date of this Bulletin, 5% of the shares on September 30, 2011 and 15% of the shares on each of the dates that are 12 months, 18 months, 24 months, 30 months and 36 months following the date of this Bulletin. common shares will only be released from escrow on receipt by the Company of a NI 43-101 report which validates a resource on the Ungava Iron Properties equal to or greater than 450 million tonnes of 35% or more iron ore content, failing which they will be cancelled. |
|||||
Transfer Agent: | Computershare Investor Services Inc. | ||||||
Trading Symbol: CUSIP Number: |
FEO 67524Q108 |
(new) (new) |
|||||
Company Contact: Company Address: Company Phone Number: Company Fax Number: Company Email Address: |
|
Gordon Keep, Interim CFO, Secretary and Director 3123 - 595 Burrard Street, Vancouver, BC V7X 1J1 (604) 609-6110 (604) 609-6145 [email protected] |
_______________________________________
POPLAR CREEK RESOURCES INC. ("PCK")
BULLETIN TYPE: Private Placement-Brokered, Amendment
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated November 25, 2010 the Exchange has accepted an amendment with respect to a Non-Brokered Private Placement announced September 16, 2010:
Number of placees: 38
All other aspects of the original bulletin remain the same.
_____________________________
PROPHECY RESOURCE CORP. ("PCY")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 3, 2010
TSX Venture Tier 1 Company
Effective at 7:30 a.m. PST, December 3, 2010, shares of the Company resumed trading, an announcement having been made over StockWatch.
________________________________________
PROVIDENCE CAPITAL CORP. ("PV")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin November 30, 2010 the Company advises that the following information has been amended:
Finder's Fee: | 155,200 compensation warrants exercisable at $0.25 for one year, ad 155,200 compensation units (comprised of one share and one half of one warrant with each full warrant exercisable at $0.40 for two years) payable to PI Financial Corp. |
________________________________________
REALEX PROPERTIES CORP. ("RP")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: December 2, 2010
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
Dividend per Share: Payable Date: Record Date: Ex-Dividend Date: |
$0.10 January 17, 2011 December 31, 2010 December 29, 2010 |
________________________________________
REMAC ZINC CORP. ("RMZ")
BULLETIN TYPE: Resume Trading, Reviewable Transaction-Announced
BULLETIN DATE: December 3, 2010
TSX Venture Tier 1 Company
Effective at the open, Monday, December 6, 2010, trading in the Company's shares will resume.
This resumption of trading does not constitute acceptance of the Reviewable Transaction, and should not be construed as an assurance of the merits of the transaction or the likelihood of completion. The Company is required to submit all of the required initial documentation relating to the transaction. IF THIS DOCUMENTATION IS NOT PROVIDED, OR IS INSUFFICIENT, A TRADING HALT MAY BE RE-IMPOSED.
Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange acceptance. There is a risk that the transaction will not be accepted or that the terms of the transaction may change substantially prior to acceptance. SHOULD THIS OCCUR, A TRADING HALT MAY BE RE-IMPOSED.
________________________________________
SEAFIELD RESOURCES LTD. ("SFF")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
Effective at the opening, December 3, 2010, shares of the Company resumed trading, an announcement having been made over StockWatch.
________________________________________
SHARON ENERGY LTD. ("SHY")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has been advised by the Company that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated December 6, 2010, it may repurchase for cancellation, up to 3,695,000 shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange during the period December 6, 2010 to December 5, 2011. Purchases pursuant to the bid will be made by CIBC Wood Gundy on behalf of the Company.
________________________________________
SILVER LAKE RESOURCES INC. ("SKZ")
BULLETIN TYPE: Halt
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
Effective at 6:41 a.m. PST, December 3, 2010, trading in the shares of the Company was halted pending contact with the Company; 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.
________________________________________
SILVER QUEST RESOURCES LTD. ("SQI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with regards to a Property Option Agreement between Silver Quest Resources Ltd. (the "Company") and Douglas Parker (the "Vendor"), whereby the Company has the option to earn up to a 100% interest in five unpatented claims comprising 50 claim units in the Patricia Mining Division of Northeastern, Ontario (the "Property"). In consideration, the Company will pay a total of $100,000 and issue 200,000 common shares over a three year period ($30,000 and 100,000 shares in the first year). The Company must also expend $100,000 a year for four years on the Property.
The Property is subject to a 2% NSR royalty (the "Royalty"). If commercial production is achieved, the Company will have the right, exercisable at any time thereafter, to purchase a portion equal to a one half of the 2% Royalty held by the Vendor for $1,000,000. The Vendor will thereafter retain the remaining half of the Royalty. Commencing on the fourth anniversary of the Option Agreement, the Company will pay $20,000 per annum as an advance royalty, which amount shall be deductible against production royalties otherwise payable. Advance royalties and the $1,000,000 payable to buy-down the production royalty will be adjusted in proportion to changes in the Consumer Price Index ("CPI") as published by the Bank of Canada, using the September 2013 CPI as the base period.
Insider / Pro Group Participation: N/A
________________________________________
SLAM EXPLORATION LTD. ("SXL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 5, 2010:
Number of Shares: | 6,160,000 units | |||||
Purchase Price: | $0.21 per unit | |||||
Warrants: | 3,080,000 share purchase warrants to purchase 3,080,000 shares | |||||
Warrant Exercise Price: |
$0.25 for a one year period $0.40 in the second year |
|||||
Number of Placees: | 5 placees | |||||
No Insider / Pro Group Participation | ||||||
Finders' Fees: | |
Norstar Securities L.P. - $17,052 cash and 81,200 finder's options Jones, Gable & Company - $52,500 cash and 350,000 finder's options |
The finder's options have the same pricing and exercise provisions as the warrants.
________________________________________
SOLUTIONINC TECHNOLOGIES LIMITED ("STL")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
Effective at the opening, December 3, 2010, shares of the Company resumed trading, an announcement having been made over Stockwatch.
________________________________________
SONORA GOLD & SILVER CORP. ("SOC")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
Effective at the opening, December 3, 2010, shares of the Company resumed trading, an announcement having been made over StockWatch.
________________________________________
SPARTON RESOURCES INC. ("SRI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 11, 2010:
Number of Shares: | 2,000,000 shares | |||||
Purchase Price: | $0.25 per share | |||||
Warrants: | 1,000,000 share purchase warrants to purchase 1,000,000 shares | |||||
Warrant Exercise Price: | $0.40 for an eighteen month period | |||||
Number of Placees: | 1 placee |
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.
________________________________________
TRIOIL RESOURCES LTD. ("toL")
BULLETIN TYPE: Prospectus-Share Offering
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
Effective November 22, 2010, the Company's Prospectus dated November 22, 2010 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Alberta and Ontario Securities Commissions on November 22, 2010. The prospectus has also been filed under Multilateral Instrument 11-102 Passport System in the British Columbia, Saskatchewan, and Manitoba Securities Commissions. A receipt for the prospectus is deemed to be issued by the regulator in each of those jurisdictions, if the conditions of the Instrument have been satisfied.
TSX Venture Exchange has been advised that closing occurred on November 30, 2010, for gross proceeds of $35,105,000.
Agents: | |
|
|
|
National Bank Financial Inc. Canaccord Genuity Corp. Clarus Securities Inc. GMP Securities L.P. Wellington West Capital Markets Inc. |
|
Offering: | 5,950,000 common shares | |||||
Share Price: | $5.90 per share | |||||
Agents' Commission: | Cash commission equal to 5% of the gross proceeds of the Offering to be paid to the Agents |
________________________________________
VERAZ PETROLEUM LTD. ("VRZ")
BULLETIN TYPE: Prospectus-Unit Offering
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
Effective November 19, 2010, the Company's Prospectus dated November 18, 2010 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Alberta and Ontario Securities Commissions on November 19, 2010. The prospectus has also been filed under Multilateral Instrument 11-102 Passport System in the British Columbia, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador Securities Commissions. A receipt for the prospectus is deemed to be issued by the regulator in each of those jurisdictions, if the conditions of the Instrument have been satisfied.
TSX Venture Exchange has been advised that closing occurred on November 30, 2010, for gross proceeds of $15,330,000.
Agents: | |
|
FirstEnergy Capital Corp. Haywood Securities Inc. GMP Securities L.P. |
|||
Offering: | 21,000,000 units. Each unit consisting of one share and one half of one common share purchase warrant. | |||||
Unit Price: | $0.73 per unit | |||||
Warrant Exercise Price/Term: | $1.10 per share up to 18 months from date of issuance. | |||||
Agents' Commission: | Cash commission equal to 6% of the gross proceeds of the Offering to be paid to the Agents |
________________________________________
WESTMINSTER RESOURCES LTD. ("WMR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 3, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 18, 2010:
Number of Shares: | 1,428,571 shares | ||||
Purchase Price: | $0.35 per share | ||||
Warrants: | 714,286 share purchase warrants to purchase 714,286 shares | ||||
Warrant Exercise Price: | $0.47 for a two year period | ||||
Number of Placees: | 28 placees | ||||
Insider / Pro Group Participation: | |||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||
William Godson Anthony Oram Tracy Seiter Jennifer Attree Christian Strigl Gai Coutts |
P P P P P P |
50,000 28,572 50,000 25,000 140,000 142,000 |
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Finders' Fees: | |
$10,000 and 28,571 finder's warrants payable to Jordan Capital $3,000 and 8,571 finder's warrants payable to PI Financial Corp. $24,809 payable to Soche Holdings Ltd. $2,191 and 6,260 finder's warrants 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.
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YANGAROO INC. ("YOO")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: December 3, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced June 21, 2010:
Number of Shares: | 42,530,000 shares | ||||
Purchase Price: | $0.05 per share | ||||
Warrants: | 21,265,000 share purchase warrants to purchase 21,265,000 shares | ||||
Warrant Exercise Price: | $0.10 until January 31, 2012 | ||||
Number of Placees: | 43 placees | ||||
Insider / Pro Group Participation: | |||||
Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||
Scott Wambolt Cliff Hunt Philip Benson Ross Fidler Gary Moss |
Y Y P P Y |
2,000,000 200,000 500,000 500,000 200,000 |
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Agent's Fee: | $102,750 and 2,055,000 warrants issuable to Fraser Mackenzie Limited and Brimberg & Co. Each warrant is exercisable into one common share at a price of $0.10 per share for a two year 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.
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For further information:
Market Information Services at 1-888-873-8392, or email: [email protected]
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