VANCOUVER, Dec. 8, 2015 /CNW/ -
TSX VENTURE COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: December 8, 2015
TSX Venture Company
A Cease Trade Order has been issued by the Ontario Securities Commission on December 8, 2015 against the following company for failing to file the documents indicated within the required time period:
| Symbol |
Tier |
Company |
Failure to File |
Period |
| Ending |
||||
| (Y/M/D) |
||||
| VGC |
2 |
Viking Gold Exploration Inc. |
interim financial statements for |
|
| the nine-month period ended |
15/09/30 |
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| management's discussion and |
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| analysis relating to the interim financial |
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| statements for the nine-month period |
15/09/30 |
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| certification of the foregoing filings as |
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| required by National Instrument 52-109 |
||||
| Certification of Disclosure in Issuers' |
||||
| Annual and Interim Filings |
15/09/30 |
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.
________________________________________
ALGOLD RESOURCES LTD. ("ALG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 8, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to an arm's length option agreement (the "Agreement") with Gryphon Minerals Limited ("Gryphon") dated October 28, 2015, giving the Company a 90-day option to purchase three Mauritanian mining licenses and Gryphon's 60% interest in Shield Saboussiri Mining Mauritania SA, in consideration of 1,666,666 shares for the grant of the option, 8,700,000 shares upon exercise of the option, a payment of $1,500,000 (payable at the option of the Company either in cash or through the issuance of up to 12,500,000 shares) upon the achievement of milestones and an additional cash payment of $1,500,000 upon the achievement of additional milestones.
The Company disclosed the terms of the transaction in a news release dated October 28, 2015.
LES RESSOURCES ALGOLD LTEE (« ALG »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 8 décembre 2015
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation relativement à une convention d'option (la « convention ») avec Gryphon Minerals Limited ("Gryphon") datée du 28 octobre 2015 dans le cadre d'une transaction auprès d'une personne sans lien de dépendance, accordant à la société une option de 90 jours pour acquérir trois licences minières mauritaniennes et l'intérêt de 60% de Gryphon dans Shield Saboussiri Mining Mauritania SA, en considération de 1 666 666 actions pour l'octroi de l'option, 8 700 000 actions suite à l'exercice de l'option, un paiement de 1 500 000 $ (payable à l'option de la société soit en espèces ou par l'émission d'un maximum de 12 500 000 actions) lors de l'atteinte de jalons et un paiement en espèces additionnel de 1 500 000 $ lors de l'atteinte de jalons additionnels.
La société a émis un communiqué de presse le 28 octobre 2015 décrivant les modalités de cette opération.
_______________________________________
ASIAN TELEVISION NETWORK INTERNATIONAL LTD. ("SAT")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: December 7, 2015
TSX Venture Tier 2 Company
The Issuer has declared the following dividend:
| Dividend per Common Share: |
$0.02 |
| Payable Date: |
January 31, 2016 |
| Record Date: |
January 15, 2016 |
| Ex-Dividend Date: |
January 13, 2016 |
________________________________________
BAYSHORE PETROLEUM CORP. ("BSH")
BULLETIN TYPE: Halt
BULLETIN DATE: December 8, 2015
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, December 8, 2015, trading in the shares of the Company was halted at the request of the Company, pending news. 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.
________________________________________
BCGOLD CORP. ("BCG")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: December 8, 2015
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated November 30, 2014, the Bulletin Date should have read as follows:
November 30, 2015
The rest of the bulletin remains unchanged.
________________________________________
BIONEUTRA GLOBAL CORPORATION ("BGA")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: December 8, 2015
TSX Venture Tier 1 Company
Effective at the opening on Wednesday, December 9, 2015, the common shares of the Company will commence trading on TSX Venture Exchange. The Company is classified as an 'All Other Food Manufacturing' company.
The Company is presently trading on the Canadian Securities Exchange.
| Corporate Jurisdiction: |
Alberta |
|
| Capitalization: |
Unlimited |
common shares with no par value of which |
| 45,819,787 |
common shares are issued and outstanding |
|
| Escrowed Shares: |
18,216,718 |
common shares |
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
BGA |
(NEW) |
| CUSIP Number: |
09073L 10 6 |
|
| Company Contact: |
Bill Smith |
|
| Company Address: |
9608 -25th Ave. |
|
| Edmonton, Alberta T6N 1J4 |
||
| Company Phone Number: |
(780) 466-1481 |
|
| Company Fax Number: |
(780) 801-0036 |
|
| Company Email Address: |
||
________________________________________
CLEAN SEED CAPITAL GROUP LTD. ("CSX")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 8, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 589,528 shares to settle outstanding debt for $300,659.22.
| Number of Creditors: |
2 Creditors |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Dr. Noel Lempriere |
Y |
$243,456.22 |
$0.51 |
477,365 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
GOLDEN TAG RESOURCES LTD. ("GOG")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: December 8, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to an option agreement (the "Agreement") dated August 14, 2015 between Golden Tag Resources Ltd. ("Golden Tag") and an arm's length private company (the "Optionee"). Pursuant to the Agreement, Golden Tag has granted an option in order to sell Golden Tag's 50% interest in the Aquilon property located in James Bay, Quebec, in consideration of $1,000,000 plus any applicable transfer costs or taxes, payable as to $12,500 on signing the Agreement, $25,000 no later than October 1, 2015, $22,500 no later than November 1, 2015, $40,000 no later than January 5, 2016 and $900,000 no later than June 1, 2016. The last payment of $900,000 can be made at the option of Golden Tag fully in cash or in form of a cash payment of $400,000 and the remaining amount of $500,000 in shares of the Optionee. Georges Durst, a Director of Golden Tag, has made a secured personal loan to the Optionee pursuant to the transaction.
Golden Tag issued a press release dated October 15, 2015 in connection with the transaction.
RESSOURCES GOLDEN TAG LTEE (" GOG ")
TYPE DE BULLETIN : Convention de vente d'actif ou convention de vente d'actions
DATE DU BULLETIN : Le 8 décembre 2015
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation relativement à une convention d'option (la « convention ») datée du 8 octobre 2015 entre Ressources Golden Tag Ltée ("Golden Tag") et une compagnie privée (« L'acquéreur ») sans lien de dépendance avec Golden Tag. En vertu de la convention, Golden Tag a octroyé une option afin de vendre l'intérêt de 50% de Golden Tag dans la propriété Aquilon située à la Baie James, Québec, en considération de 1 000 000 $ plus les coûts de transferts ou taxes applicables, payable à raison de 12 500 $ à la signature de la convention, 25 000 $ au plus tard le 1 octobre 2015, 22 500 $ au plus tard le 1 novembre 2015, 40 000 $ au plus tard le 5 janvier 2016 et 900 000 $ au plus tard le 1 juin 2016. Le dernier paiement de 900 000 $ peut être fait à l'option de Golden Tag entièrement en espèces ou sous la forme d'un paiement en espèces de 400 000$ et le montant résiduel de 500 000 $ en actions de l'acquéreur. Georges Durst, un administrateur de Golden Tag, a fait un prêt garanti à l'acquéreur dans le cadre de la transaction.
Golden Tag a émis un communiqué de presse le 15 octobre 2015 relativement à la transaction.
_______________________________________
GRAPHENE 3D LAB INC. ("GGG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 8, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a share exchange agreement (the "Agreement") dated August 12, 2015 between Graphene 3D Lab Inc. (the "Company"), all of the shareholders of Graphene Laboratories Inc. ("GLI") and GLI. GLI is active in the business of the manufacture and worldwide distribution of nanocarbon and graphene products.
In order to acquire GLI, the Company will issue up to 3,800,000 common shares in exchange for 110,000 common shares of GLI representing all of the issued and outstanding shares in GLI. The common shares of the Company will be issued as follows:
- 600,000 shares to shareholders of GLI who are principals of the Company, Daniel Stolyarov and Elena Polyakova (the "Principals") which will be subject to an Exchange Form 5D Surplus Escrow agreement at closing;
- 345,500 shares will be issued to other minority shareholders of GLI, which will be subject to resale restrictions for four months and a day from the date of closing; and
- The balance of 2,854,500 shares, (the "Earn-out Shares") will be issued to the Principals based on the aggregate audited cumulative cash flow generated by the operations of GLI ("CCF") as a division of the Company for each fiscal year after June 30, 2015 over the next five (5) fiscal years where one (1) Earn-out Share will be issued and delivered to the Principals for every CAD$0.60 in CCF, based on the audited financial Statements of GLI within 140 days from the end of each fiscal year of Company. The Principals' right to any Earn-out Shares not earned from the next five (5) fiscal years of operation of GLI will be forfeited.
The Agreement is non-arms length.
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Daniel Stolyarov |
Y |
1,689,250 |
| Elena Polyakova |
Y |
1,765,250 |
For further information, please see the Company's news releases dated August 12, 2015.
________________________________________
GUNGNIR RESOURCES INC. ("GUG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 8, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 14, 2015:
| Number of Shares: |
6,200,000 shares |
|
| Purchase Price: |
$0.01 per share |
|
| Warrants: |
6,200,000 share purchase warrants to purchase 6,200,000 shares |
|
| Warrant Exercise Price: |
$0.05 for a five year period |
|
| Number of Placees: |
8 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Chris Robbins |
Y |
1,000,000 |
| Jari Paakki |
Y |
1,000,000 |
| Garett MacDonald |
Y |
500,000 |
| Todd Keast |
Y |
500,000 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
________________________________________
I-MINERALS INC. ("IMA")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: December 8, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue up to a maximum of 7.5% bonus shares and 7.5% bonus warrants to a lender pursuant to the terms of a loan agreement dated February 18, 2015, as amended December 1, 2015. In no event shall the issuance of bonus securities result in the issuance of more than 393,058 additional bonus shares and 393,058 additional bonus warrants to the following Insider in consideration of an additional loan of US$1,000,000 to be issued in tranches. A floor price of CAD$0.255 has been set for calculating the number of bonus shares and warrants issuable in respect of each tranche. The warrants will have an exercise price no lower than CAD$0.255 and will expire on the earlier of December 1, 2018 and the repayment date.
| Shares |
Warrants |
|
| BV Lending, LLC (Allan Ball) |
393,058 |
393,058 |
Please refer to the Company's news release of December 1, 2015 for further details.
________________________________________
LORRAINE COPPER CORP. ("LLC")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 8, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,282,560 shares to settle outstanding debt for $114,178.
| Number of Creditors: |
1 Creditors |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
MINAURUM GOLD INC. ("MGG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 8, 2015
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 December 7, 2015:
| Number of Shares: |
2,940,000 shares |
| Purchase Price: |
$0.05 per share |
| Warrants: |
2,940,000 share purchase warrants to purchase 2,940,000 shares |
| Warrant Exercise Price: |
$0.075 for a three year 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.]
________________________________________
PARA RESOURCES INC. ("PBR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 8, 2015
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 October 14, 2015:
| Number of Shares: |
4,169,999 shares |
|
| Purchase Price: |
$0.12 per share |
|
| Warrants: |
2,309,999 share purchase warrants to purchase 2,309,999 shares |
|
| Warrant Exercise Price: |
$0.18 for an 18 month period, with an acceleration clause. |
|
| Number of Placees: |
6 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Lake Forest Development Corp. |
||
| (Geoff Hampson) |
Y |
1,666,666 |
| Triplet Management Inc. |
||
| (Larry Timlick) |
Y |
100,000 |
| Finder's Fee: |
Mackie Research Capital Corporation $7,308 cash and 87,000 warrants |
|
| payable. Each warrant is exercisable into one common share at $0.18 for |
||
| 18 months from closing. |
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.]
________________________________________
TERRAX MINERALS INC. ("TXR")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: December 8, 2015
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: |
650,000 |
| Original Expiry Date of Warrants: |
February 28, 2016 |
| New Expiry Date of Warrants: |
February 28, 2017 |
| Exercise Price of Warrants: |
$0.57 |
These warrants were issued pursuant to a private placement of 1,300,000 shares with 650,000 share purchase warrants attached, which was accepted for filing by the Exchange effective February 25, 2014.
________________________________________
UNISERVE COMMUNICATIONS CORPORATION ("USS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 8, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 4, 2015 and December 2, 2015:
| Number of Shares: |
6,500,000 shares |
|
| Purchase Price: |
$0.07 per share |
|
| Warrants: |
6,500,000 share purchase warrants to purchase 6,500,000 shares |
|
| Warrant Exercise Price: |
$0.10 for a two year period |
|
| Number of Placees: |
18 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Earnest Beaudin |
Y |
450,000 |
| Mark Stanton |
Y |
150,000 |
| 369 Terminal Holdings Ltd. |
||
| (Michael Scholz) |
Y |
2,150,000 |
________________________________________
UNITY ENERGY CORP. ("UTY")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 8, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a Property Option Agreement dated November 25, 2015 between the Company and Basin Minerals Ltd. and Urania Resource Corp. whereby the Company can earn a 100% interest in the Miller's Crossing Property consisting of 96 mineral claims located in the Big Smoky Valley, Esmeralda County, Nevada in consideration of 1,600,000 common shares, $400,000 and $1,000,000 exploration expenditures.
________________________________________
URBANIMMERSIVE INC. ("UI")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 8, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 525,913 common shares at a deemed issue price of $0.08 per share, in settlement of total debt of $42,073.
| Number of Creditor: |
1 Creditor |
The Company issued a news release dated December 7, 2015 in connection with that transaction.
URBANIMMERSIVE INC. (« UI »)
TYPE DE BULLETIN : Émission d'actions en règlement d'une dette
DATE DU BULLETIN : Le 8 décembre 2015
Société du groupe 2 de TSX croissance
Bourse de croissance TSX a accepté le dépôt de la documentation relativement à l'émission de 525 913 actions ordinaires au prix réputé de 0,08 $ par action, en règlement de dette totalisant 42 073 $.
| Nombre de créanciers : |
1 créancier |
La société a émis un communiqué de presse daté du 7 décembre 2015 relativement à la transaction.
________________________________________
WELLSTAR ENERGY CORP. ("WSE")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: December 8, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 500,000 bonus warrants to purchase 500,000 common shares at a price of $0.10 per share for a one year period in consideration of two $50,0000 loans.
________________________________________
NEX COMPANIES
AIM EXPLORATIONS LTD. ("AXN.H")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 8, 2015
NEX Company
Effective at 9:00 a.m. PST, December 8, 2015, shares of the Company resumed trading, as the stock was halted in error
________________________________________
DAWSON GOLD CORP. ("DYU.H")
BULLETIN TYPE: Remain Halted - Reverse Takeover, Change of Business
BULLETIN DATE: December 8, 2015
NEX Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated December 7, 2015, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the change of business and/or Reverse Take-Over pursuant to Listings Policy 5.2.
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.
________________________________________
LIONS BAY CAPITAL INC. ("LBI.H")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 8, 2015
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 240,000 shares to settle outstanding debt for $12,000.
| Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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