VANCOUVER, Dec. 18., 2015 /CNW/ -
TSX VENTURE COMPANIES
ABEN RESOURCES LTD. ("ABN")
SKYHARBOUR RESOURCES LTD. ("SYH")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement, Property-Asset or Share Acquisition Agreement
BULLETIN DATE: December 18, 2015
TSX Venture Tier 2 Companies
The TSX Venture Exchange Inc. (the "Exchange") has accepted documentation in connection with a property and sale agreement (the "Agreement") between Aben Resources Ltd. ("Aben") and Skyharbour Resources Ltd. ("Skyharbour") dated November 18, 2015. Under the Agreement Aben has agreed to sell its 40% interest in the Mann Lake Property, located in Saskatchewan to Skyharbour. As consideration, Skyharbour will issue 1,000,000 common shares to Aben. Aben will retain a 2.5% net smelter royalty (NSR) on the Mann Lake Property with Skyharbour having the right to purchase 1.5% of the NSR for $1.5 million.
For further information see Aben and Skyharbour's news releases dated November 19, 2015 which are available under their respective profiles on SEDAR.
Insider / Pro Group Participation: James Pettit, Donald Huston and Amanda Chow are directors of both Aben and Skyharbour.
________________________________________
ASHER RESOURCES CORPORATION ("ACN")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: December 18, 2015
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated December 17, 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.
________________________________________
GOLDEN DAWN MINERALS INC. ("GOM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Dec 18, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Dec 01, 2015:
| Flow-Through Shares: |
|||||
| Number of FT Shares: |
3,805,000 flow through shares |
||||
| Purchase Price: |
$0.10 per flow through share |
||||
| Warrants: |
3,805,000 share purchase warrants to purchase 3,805,000 shares |
||||
| Warrant Initial Exercise Price: |
$0.125 |
||||
| Warrant Term to Expiry: |
2 Years |
||||
| Non Flow-Through Shares: |
|||||
| Number of Non-FT Shares: |
3,570,000 non flow through shares |
||||
| Purchase Price: |
$0.10 per non flow through share |
||||
| Warrants: |
3,570,000 share purchase warrants to purchase 3,570,000 shares |
||||
| Warrant Initial Exercise Price: |
$0.125 |
||||
| Warrant Term to Expiry: |
2 Years |
||||
| Number of Placees: |
25 Placees |
||||
| Insider / Pro Group Participation: |
|||||
| Insider=Y / |
|||||
| Name |
Pro-Group=P |
# of Shares |
|||
| Quorum Capital Corp |
Y |
500,000 |
|||
| (Wolf Wiese) |
|||||
| Aggregate Pro-Group Involvement [1 placee] |
P |
200,000 |
|||
| Finder's Fee: |
|||||
| EMD Financial Inc. |
$13,500.00 cash; 75,000 shares; 75,000 warrants |
||||
| Canaccord Genuity Corp. |
$1,200.00 cash |
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| Finder Warrant Initial Exercise Price: |
$0.125 |
||||
| Finder Warrant Term to Expiry: |
valid 2 years: exercise at $.125 in first year & at $.15 in second year |
||||
The Company issued news releases on December 1, 2015 and December 17, 2015 confirming closing of the private placement. 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 guarantees 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.
_______________________________________
GREAT BEAR RESOURCES LTD. ("GBR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 18, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a purchase and transfer agreement dated November 20, 2015 (the 'Agreement') between the Company and 1544230 Ontario Inc. (Perry English) (the 'Vendor'). Pursuant to the terms of the Agreement, the Company will acquire a 67% interest in 45 mining claims and the staking of four additional mining claims in the Dixie Lake region of Ontario, as well as 100% of the NSR over the area (the 'Property'). By way of consideration, the Company will make cash payments totalling $130,000 and will issue 100,000 shares to the Vendor at a deemed price of $0.05 per share. The Company will also pay up to $1,300 for the staking of the four additional claims.
Please refer to the Company's news release dated December 16, 2015 for further details.
________________________________________
KEEK INC ("KEK")
BULLETIN TYPE: Non-Brokered Private Placement, Convertible Debenture/s, Amendment
BULLETIN DATE: December 18, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has consented to the amendment of the following debenture/s:
| Convertible Debenture |
$3,010,000 |
| Original Conversion Price: |
Non-Convertible |
| Amended Conversion Price: |
All or a portion of the Notes and interest are convertible into common shares at $1.00 per share, at any time prior to maturity. |
| Original Maturity Date: |
November 24, 2015 |
| Amended Maturity Date: |
March 1, 2017 |
| Original Warrant Terms: |
None |
| Amended Warrant Terms: |
None |
| Original Interest Rate: |
12 % |
| Amended Interest Rate: |
7% |
The convertible debenture/s was issued pursuant to a private placement which was originally completed November 5, 2014.
For further information, please refer to the Company's press release dated December 3, 2015.
________________________________________
KEEK INC. ("KEK")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 18, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 5,547,454 shares to settle outstanding debt for $2,607,303.33 related to outstanding notes, accrued interest and trade payables.
| Number of Creditors: |
19 Creditors |
| Insider / Pro Group Participation: None |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
KGIC INC. ("LRN")
BULLETIN TYPE: Halt
BULLETIN DATE: December 18, 2015
TSX Venture Tier 2 Company
Effective at 6:29 a.m. PST, December 18, 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.
________________________________________
MATAMEC EXPLORATIONS INC. ("MAT")
BULLETIN TYPE: Halt
BULLETIN DATE: December 18, 2015
TSX Venture Tier 2 Company
Effective at 9:25 a.m. PST, December 18, 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.
________________________________________
MOBIO TECHNOLOGIES INC. ("MBO")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debentures
BULLETIN DATE: December 18, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 9, 2015 and December 16, 2015:
| Convertible Debenture |
$375,000 |
| Conversion Price: |
Convertible into units consisting of one common share and one half common share purchase warrant. |
| Maturity date: |
June 1, 2016 |
| Warrants |
Each full warrant will have a term of one year from the date of issuance of the notes and entitle the holder to purchase one common share. The warrants are exercisable at the price of $0.15. |
| Interest rate: |
12% per annum |
| 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.
________________________________________
NEXGEN ENERGY LTD. ("NXE")
BULLETIN TYPE: Prospectus-Share Offering
BULLETIN DATE: December 18, 2015May 11, 2001
TSX Venture Tier 1 Company
Effective December 2, 2015, the Company's Prospectus dated December 2, 2015, was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the securities regulator in each of British Columbia, Alberta, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Ontario, Prince Edward Island and Newfoundland and Labrador, pursuant to the provisions of the securities legislation in each of these jurisdictions.
TSX Venture Exchange has been advised that closing occurred on December 9, 2015, for gross proceeds of $21,000,000 (inclusive of $1,000,000 from the exercise in part of the over-allotment option granted to the Underwriters)
| Underwriters: |
Cormark Securities Inc., TD Securities Inc., Cantor Fitzgerald Canada Corporation, Raymond James Ltd., Haywood Securities Inc. and BMO Nesbitt Burns Inc. (the "Underwriters") |
| Offering: |
32,812,500 Common Shares (inclusive of 1,562,500 Common Shares issued pursuant to the exercise in part of the over-allotment option granted to the Underwriters). |
| Share Price: |
$0.64 per common Share |
| Underwriter's Fee: |
6.00% of the gross proceeds of the offering of the Common Shares. |
| Over-Allotment Option: |
The Company granted to the Underwriters an option to purchase additional Common Shares, up to 15% of the offering, at a price of $0.64 per Common Share. The Underwriters elected to partially exercise the over-allotment option at closing acquiring 1,562,500 common shares but that the underwriters still have the right to exercise the remaining portion of the over-allotment option for 30 days following the Closing Date. |
For further information, please refer to the Company's Prospectus dated Dec 2, 2015.
________________________________________
PHARMACAN CAPITAL CORP. ("MJN")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: December 18, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to an Election Notice (the "Election Notice") dated October 30, 2015 pursuant to a tag along notice distributed on October 22, 2015 between an arm's length party (the "Vendor") and PharmaCan Capital Corp. (the "Company"). Pursuant to the Election Notice, the Company has provided the Vendor with notice to exercise its tag along rights to dispose of the Company's 622,922 shares of Peace Naturals Project Inc.
In consideration the Company shall receive between $6.38 and $7.33 per share in cash.
For more information please refer to the Company's news release dated October 9, 2015, October 15, 2015, November 3, 2015, November 6, 2015 and November 27, 2015.
_______________________________________
PRO REAL ESTATE INVESTMENT TRUST ("PRV.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: December 17, 2015
TSX Venture Tier 1 Company
The Issuer has declared the following distribution:
| Distribution per Unit: |
$ 0.0175 |
| Payable Date: |
January 15, 2016 |
| Record Date: |
December 31, 2015 |
| Ex-Distribution Date: |
December 29, 2015 |
________________________________________
PROSPERO SILVER CORP. ("PSL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 18, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 22, 2015:
| Number of Shares: |
3,763,333 shares |
|||
| Purchase Price: |
$0.075 per share |
|||
| Warrants: |
3,763,333 share purchase warrants to purchase 3,763,333 shares |
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| Warrant Exercise Price: |
$0.12 for a five year period. If at any time from four months and one day after closing, the volume weighted average trading price over 20 consecutive trading days exceeds $0.40, the Company may, within five days of such event, give notice that the warrants will expire on the 30th calendar day after such notice. |
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| Number of Placees: |
14 Placees |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
||||
| Name |
ProGroup=P |
# of Shares |
||
| Murray Oliver |
Y |
180,000 |
||
| Grant Bryan |
Y |
180,000 |
||
| John E. Watson |
Y |
180,000 |
||
| William Murray |
Y |
261,600 |
||
| Optimum Project Services Ltd. (William Murray) |
Y |
945,000 |
||
| Group 4 Ventures Ltd. (William Murray) |
Y |
333,333 |
||
| Aggregate Pro Group Involvement |
P |
336,600 |
||
| [2 Placee(s)] |
||||
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.
________________________________________
Pure Multi-Family REIT LP ("RUF.U")("RUF.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: December 17, 2015
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
| Distribution per US Class Unit: |
US$0.03125 |
| Distribution per CDN Class Unit: |
US$0.03125 |
| Payable Date: |
January 15, 2016 |
| Record Date: |
December 31, 2015 |
| Ex-Distribution Date: |
December 29, 2015 |
________________________________________
RED PINE EXPLORATION INC. ("RPX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 18, 2015
TSX Venture Tier 2 Company]
Effective at 6:30 a.m. PST, December 18, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
RENAISSANCE OIL CORP. ("ROE")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: December 18, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 5,000,000 bonus shares to a group of five consultants in consideration of joining the Company's technical team. The shares will be held in escrow and are subject to resale restrictions. Escrow release will be subject to various performance milestones being met. In the event the various milestones are not met, the shares will be returned to treasury.
________________________________________
STANDARD TOLLING CORP. ("TON")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: December 18, 2015
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated November 30, 2015, trading in the shares of the Company will remain halted for failure to maintain Exchange requirements, the Company having less than 3 directors.
________________________________________
TITANSTAR PROPERTIES INC. ("TSP")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: December 18, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,846,153 bonus shares to insider Titanstar Finance Inc. (T. Richard Turner) in consideration of a $750,000 loan facility.
________________________________________
TRANSEASTERN POWER TRUST ("TEP.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: December 17, 2015
TSX Venture Tier 2 Company
The Issuer has declared the following distribution(s):
| Distribution per Unit: |
$0.021875 |
| Payable Date: |
January 15, 2016 |
| Record Date: |
December 31, 2015 |
| Ex-Distribution Date: |
December 29, 2015 |
________________________________________
TRISTAR GOLD INC. ("TSG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 18, 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 November 18, 2015:
| Number of Shares: |
1,122,219 shares |
| Purchase Price: |
$0.15 per share |
| Number of Placees: |
7 Placees |
| Finder's Fee: |
Maxit Capital LP 60,968 shares payable. |
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.
________________________________________
URBAN COMMUNICATIONS INC. ("UBN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 18, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 19, 2015:
| FIRST TRANCHE: |
||||
| Number of Shares: |
8,150,000 shares |
|||
| Purchase Price: |
$0.10 per share |
|||
| Warrants: |
8,150,000 share purchase warrants to purchase 8,150,000 shares |
|||
| Warrant Exercise Price: |
$0.20 for a two year period |
|||
| Number of Placees: |
21 Placees |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
||||
| Name |
ProGroup=P |
# of Shares |
||
| Richard Earle |
Y |
100,000 |
||
| John A. Farlinger |
Y |
1,000,000 |
||
| Leslie E. Maerov |
Y |
250,000 |
||
| Aasim Mohammed Saied |
Y |
250,000 |
||
| Michael Schmidt |
Y |
1,000,000 |
||
| Aggregate Pro Group Involvement |
P |
50,000 |
||
| [1 Placee] |
||||
| Finder's Fee: |
$3,850 plus 38,500 warrants is payable to Canaccord Genuity Corp. |
|||
| $1,750 plus 17,500 warrants is payable to Foster & Associates |
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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