VANCOUVER, Dec. 10, 2015 /CNW/ -
TSX VENTURE COMPANIES
ASHBURTON VENTURES INC. ("ABR")
BULLETIN TYPE: Halt
BULLETIN DATE: December 10, 2015
TSX Venture Tier 2 Company
Effective at 6:10 a.m. PST, December 10, 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.
________________________________________
ASHBURTON VENTURES INC. ("ABR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 10, 2015
TSX Venture Tier 2 Company
Effective at 10:30 a.m., PST, December 10, 2015, shares of the Company resumed trading, an announcement having been made.
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BLUEDROP PERFORMANCE LEARNING INC. ("BPL")
BULLETIN TYPE: Amendment, Private Placement-Non-Brokered, Convertible Debenture
BULLETIN DATE: December 10, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has consented to the amendment to the term of a Convertible Debenture Non-Brokered Private Placement originally announced November 11, 2013. The Convertible Debenture was issued pursuant to a private placement which was originally accepted for filing by the Exchange effective January 2, 2014.
| Convertible Debenture: |
$3,000,000 |
|
| Conversion Price: |
Convertible into 20,000,000 common shares at $0.15 of principal outstanding |
|
| for three years |
||
| Original Maturity date: |
December 30, 2016 |
|
| New Maturity date: |
December 30, 2017 |
|
| Interest rate: |
14% per annum |
|
| Number of Placees: |
1 Placee |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Difference Capital Financial Inc. |
Y |
20,000,000 |
For further information please see the Company's news release dated December 8, 2015.
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CANADIAN QUANTUM ENERGY CORPORATION ("CQM.H")
[formerly Canadian Quantum Energy Corporation ("CQM")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: December 10, 2015
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 at the opening on Friday, December 11, 2015, 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 11, 2015, 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 CQM to CQM.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 bulletin dated September 4, 2015, trading in the shares 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.
_______________________________________
COLORADO RESOURCES LTD. ("CXO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 10, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 30, 2015:
| Number of Shares: |
7,902,307 shares |
| Purchase Price: |
$0.065 per share |
| Warrants: |
3,846,155 share purchase warrants to purchase 3,846,155 shares |
| Warrant Initial Exercise Price: |
$0.13 |
| Warrant Term to Expiry: |
2 Years |
| Number of Placees: |
3 Placees |
| Finder's Fee: |
|
| Sprott Global Investments Ltd. ("SG") |
$30,000.00 cash |
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.
The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantee the accuracy or completeness of the information contained in this document. Readers should consult the issuer's continuous disclosure record for complete details of the transaction.
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COPPER LAKE RESOURCES LTD. ("CPL")
BULLETIN TYPE: Shares for Debt, Amendment
BULLETIN DATE: December 10, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 7,000,000 shares to settle outstanding debt for $350,000.
| Number of Creditors: |
1 Creditor |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Prairie Enterprises |
||||
| (Alberta) Inc. |
||||
| (Edward Yurkowski) |
Y |
$350,000 |
$0.05 |
7,000,000 |
| Warrants: |
900,000 share purchase warrants to purchase 900,000 shares |
|||
| Warrant Exercise Price: |
$0.10 for 18 months |
|||
The Company shall issue a news release when the shares are issued and the debt extinguished.
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CYPRESS DEVELOPMENT CORP. ("CYP")
BULLETIN TYPE: Halt
BULLETIN DATE: December 10, 2015
TSX Venture Tier 2 Company
Effective at 10:10 a.m. PST, December 10, 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.
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DURAN VENTURES INC. ("DRV")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 10, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 500,000 shares to settle outstanding debt for $25,000.
| Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
GOLDSTRIKE RESOURCES LTD. ("GSR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 10, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a purchase agreement dated November 27, 2015 (the 'Agreement') between the Company and Blair Naughty (the 'Vendor'). Pursuant to the terms of the Agreement, the Company will acquire three separate 3% net smelter royalties on the Lucky, Strike and BRC Properties. By way of consideration, the Company will issue 75,000 shares at a deemed price of $0.075 per share, and 75,000 warrants exercisable at $0.10 for two years.
Please refer to the Company's news release dated December 3, 2015 for further details.
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GRIZZLY DISCOVERIES INC. ("GZD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 10, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement closed December 9, 2015:
| Number of Securities: |
887,857 common share units ("Units"). Each unit consists of one common |
|
| share and one share purchase warrant |
||
| Purchase Price: |
$0.07 per Unit |
|
| Warrants: |
887,857 share purchase warrants |
|
| Warrant Exercise Price: |
$0.12 for two years from closing |
|
| Number of Placees: |
6 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Units |
| Brian Testo |
Y |
300,000 |
| Ian Lambert |
Y |
70,000 |
| Ray Wytinck |
Y |
50,000 |
| La Prima Investments |
Y |
200,000 |
| Finder's Fee: |
None |
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MILLROCK RESOURCES INC. ("MRO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 10, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 1, 2015:
| Number of Shares: |
8,321,509 shares |
|
| Purchase Price: |
$0.16 per share |
|
| Warrants: |
8,321,509 share purchase warrants to purchase 8,321,509 shares |
|
| Warrant Initial Exercise Price: |
$0.22 |
|
| Warrant Term to Expiry: |
4 Years |
|
| Number of Placees: |
49 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
Pro-Group=P |
# of Shares |
| Gregory Beischer |
Y |
125,000 |
| Roland Butler |
Y |
100,000 |
| Keith Granberry |
Y |
42,459 |
| Finder's Fee: |
||
| Red Plug Capital Corp |
$19,880.00 cash; 124,250 warrants |
|
| Sprott Global Resource |
||
| Investments, Ltd. |
$35,000.00 cash; 218,750 warrants |
|
| Canaccord Genuity Corp. |
$224.00 cash; 1,400 warrants |
|
| Finder Warrant Initial Exercise Price: |
$0.22 |
|
| Finder Warrant Term to Expiry: |
$0.22 in Year 1 |
|
| $0.30 in Year 2 |
||
| $0.40 in Years 3-4 |
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.
The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantee the accuracy or completeness of the information contained in this document. Readers should consult the issuer's continuous disclosure record for complete details of the transaction.
________________________________________
NAPIER VENTURES INC. ("NAP")
BULLETIN TYPE: Halt
BULLETIN DATE: December 10, 2015
TSX Venture Tier 2 Company
Effective at 4:50 a.m. PST, December 10, 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.
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NAPIER VENTURES INC. ("NAP")
BULLETIN TYPE: Remain Halted - Fundamental Acquisition
BULLETIN DATE: December 10, 2015
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated December 10, 2015, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Fundamental Acquisition pursuant to TSXV Listings Policy 5.6 (d) of Exchange Policy 5.3.
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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NIPPON DRAGON RESOURCES INC. ("NIP")
BULLETIN TYPE: Halt
BULLETIN DATE: December 10, 2015
TSX Venture Tier 2 Company
Effective at 7:18 a.m. PST, December 10, 2015, trading in the shares of the Company was halted pending clarification of 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.
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REKO INTERNATIONAL GROUP INC. ("REK")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: December 10, 2015
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 9, 2015, it may repurchase for cancellation, up to 321,496 shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange during the period December 15, 2015 to December 14, 2016. Purchases pursuant to the bid will be made by National Bank Financial on behalf of the Company.
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SNIPER RESOURCES LTD. ("SIP")
BULLETIN TYPE: Suspend
BULLETIN DATE: December 10, 2015
TSX Venture Tier 2 Company
Further to the Exchange bulletin and the Company's press release both dated November 24, 2015, effective at the opening Friday, December 11, 2015, trading in the shares of the Company will be suspended for failure to maintain Exchange requirements, the Company having less than 3 Directors.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
________________________________________
TERRA NOVA ENERGY LTD. ("TGC")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 10, 2015
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, December 10, 2015, shares of the Company resumed trading, an announcement having been made.
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TITANIUM TRANSPORTATION GROUP INC. ("TTR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 10, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a Share Purchase Agreement (the "Agreement") dated November 1, 2015 between an arm's length party (the "Vendor") and Titanium Transportation Group Inc. (the "Company"). Pursuant to the Agreement, the Company shall acquire all the shares of ProNorth Transportation ("ProNorth") which is an asset-based transportation company based in North Bay, Ontario and the Company shall also acquire certain real estate used in the operations of ProNorth.
In consideration the Company shall pay an aggregate of $8,300,000 plus issue 1,750,000 common shares to the Vendor to acquire ProNorth and the real estate. A portion of the consideration, being $2,250,000, for the real estate shall be satisfied through vendor take back mortgages which shall have a term of nine years and shall not bear interest.
For more information, refer to the Company's news releases dated November 25, 2015 and December 1, 2015.
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NEX COMPANIES
CARDINAL CAPITAL PARTNERS INC. ("CCP.H")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 10, 2015
NEX Company
Effective at 5:00 a.m., PST, December 10, 2015, shares of the Company resumed trading, an announcement having been made.
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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