VANCOUVER, Jan. 18, 2016 /CNW/ -
TSX VENTURE COMPANIES
BULLETIN TYPE: Notice to Issuers
BULLETIN DATE: January 18, 2016
Re: Proposed Policy Amendments: Policy 4.5 – Rights Offerings
TSX Venture Exchange (the "Exchange") is providing guidance with respect to Policy 4.5 – Rights Offerings of the Exchange's Corporate Finance Manual (the "Manual") in light of the recent adoption by the Canadian Securities Administrators (the "CSA") of amendments relating to rights offerings (collectively, the "CSA Amendments"). Toronto Stock Exchange is also concurrently publishing a Staff Notice providing guidance with respect to Section 614 – Rights Offerings of the TSX Company Manual.
The Exchange intends, subject to all required regulatory approvals, to amend the Manual to formally incorporate the guidance contained in this Bulletin. In the meantime, the Exchange is providing Issuers and their advisors with the following guidance.
Capitalized terms not specifically defined in this bulletin shall have the meanings ascribed to them in Policy 1.1 – Interpretation or Policy 4.5.
Pre-clearance of Rights Offering Documents
Notwithstanding that a rights offering circular is no longer subject to CSA review and approval prior to delivery to an Issuer's security holders, the Exchange still requires the pre-clearance of rights offering documents, including the rights offering notice (Form 45-106F14) together with the rights offering circular (Form 45-106F15), or the rights offering prospectus (the "Rights Offering Documents") under Policy 4.5 of the Manual. The Rights Offering Documents should be filed in draft form with the Exchange prior to finalization in order to provide sufficient time for the Exchange to review the pricing, mechanics and timing of the rights offering in order to maintain an orderly market for the trading of the listed securities and the rights.
Determination of Record Date
The CSA Amendments were designed to make prospectus-exempt rights offerings more attractive to reporting issuers by streamlining the review and approval process. The Exchange has also examined its requirements in respect of time periods for rights offerings. Subsection 3.5 currently requires that all deficiencies raised by the Exchange be resolved at least seven (7) trading days in advance of the record date, which effectively means that the record date cannot be determined until the Rights Offering Documents are in final form. Effective immediately, the Exchange has reduced the advance notification period to set the record date for all rights offerings from seven (7) trading days to five (5) trading days. The Exchange believes that five (5) trading days is sufficient time to advise market participants of the commencement of ex-rights trading in the listed securities which typically begins two (2) trading days prior to the record date.
Minimum Rights Subscription Price - $0.01
Subsection 4.3 of Policy 4.5 is proposed to be amended to provide that the subscription price for securities to be acquired on the exercise of rights cannot in any case be less than $0.01. Until such time as the proposed amendments to Policy 4.5 become effective, the Exchange will, on application, grant waivers of the currently stipulated $0.05 minimum subscription price, provided that the subscription price for the securities to be acquired on the exercise of the rights is not less than $0.01.
Minimum Warrant Exercise Price
Subsection 4.4 of Policy 4.5 is proposed to be amended to provide that the minimum exercise price of a Warrant forming part of a unit to be acquired on the exercise of a right must not be less than the Market Price prior to the news release announcing the rights offering and in any case must not be less than $0.05.
Optional Listing of Rights
Policy 4.5 includes references to the rights being listed for trading on the Exchange and is proposed to be amended to expressly provide that rights may be, but are not required to be, listed for trading on the Exchange, at the election of the Issuer. Until such time as the proposed amendments to Policy 4.5 become effective, the Exchange will, on application, approve a particular rights offering where the Issuer elects not to list the rights for trading. An Issuer that has applied for or intends to apply for a waiver of the listing requirement for a rights offering must specifically disclose that it has made such application or intends to make such application, as the case may be, in the press release announcing the rights offering. In any case, as required by subsection 5.1 of Policy 4.5, all rights must be transferable.
New Large Shareholders
Policy 4.5 is proposed to be amended to provide that shareholder approval of the creation of any new Control Person of the Issuer as a consequence of a stand-by commitment for a rights offering generally will not be required provided that the rights are listed for trading on the Exchange and the subscription price for the rights is at a "significant discount" to the Market Price. A "significant discount" would be equal to at least the maximum discount to Market Price allowed for private placements as set forth in the definition of "Discounted Market Price" in Policy 1.1. If either of these criteria is not satisfied, the Exchange may first require shareholder approval of the creation of the new Control Person.
Further, before the Exchange will accept a rights offering which includes a stand-by commitment, any individual who may own or control, beneficially or as nominee, directly or indirectly, securities representing more than 10 percent of the voting rights attached to all outstanding voting securities of the Issuer (and, where such a securityholder is not an individual, any director, officer or insider of that securityholder) on the completion of the rights offering must first file with the Exchange a duly completed Personal Information Form (Form 2A) or, if applicable, a Declaration (Form 2C1).
If you have any questions about this bulletin and the proposed amendments to Policy 4.5, please contact:
Charlotte Bell |
Senior Policy Counsel |
604-643-6577 |
|
Kyle Araki |
Team Manager, Calgary |
403-218-2851 |
|
Andrew Creech |
Team Manager, Vancouver |
604-602-6936 |
|
Eric Loree |
Team Manager, Toronto |
416-365-2221 |
|
Sylvain Martel |
Team Manager, Montréal |
514-788-2408 |
TYPE DE BULLETIN : Avis aux émetteurs
DATE DU BULLETIN : Le 18 janvier 2016
Objet : Projet de modification de politique : Politique 4.5 – Placements de droits
La Bourse de croissance TSX (la « Bourse ») publie des directives à l'égard de la Politique 4.5 – Placements de droits du Guide du financement des sociétés de la Bourse de croissance TSX (le « Guide ») à la lumière de modifications relatives aux placements de droits (ensemble, les « modifications des ACVM ») adoptées récemment par les Autorités canadiennes en valeurs mobilières (les « ACVM »). De même, la Bourse de Toronto publie simultanément un avis du personnel énonçant des directives à l'égard de l'article 614 – Offres de droits du Guide à l'intention des sociétés de la TSX.
La Bourse de croissance TSX prévoit, sous réserve des approbations réglementaires nécessaires, apporter des modifications à son guide afin d'y intégrer officiellement les directives figurant aux présentes. Dans l'intervalle, elle communique les directives figurant ci-après aux émetteurs et à leurs conseillers.
Les termes spécifiques non définis dans les présentes ont la signification qui leur est attribuée dans la Politique 1.1 – Interprétation ou dans la Politique 4.5.
Examen préalable des documents relatifs au placement de droits
Bien que la notice de placement de droits ne soit plus soumise à l'examen et à l'approbation des ACVM avant sa distribution aux porteurs de titres de l'émetteur, la Bourse procède toujours à l'examen préalable obligatoire des documents relatifs au placement de droits, dont l'avis de placement de droits (Annexe 45‑106A14) accompagné de la notice de placement de droits (Annexe 45‑106A15) ou du prospectus relatif au placement de droits (ensemble, les « documents relatifs au placement de droits »), conformément à la Politique 4.5 du Guide. Les documents relatifs au placement de droits doivent être préparés de façon préliminaire et déposés auprès de la Bourse de façon à ce qu'elle dispose du temps nécessaire à l'examen du prix d'offre, des modalités et du calendrier du placement, cela afin de maintenir un marché ordonné pour la négociation des valeurs inscrites et des droits.
Établissement de la date de clôture des registres
Les modifications des ACVM visent à rendre les placements de droits sous le régime de la dispense de prospectus plus attrayants pour les émetteurs assujettis en simplifiant le processus d'examen et d'approbation. La Bourse a également revu ses exigences en ce qui concerne les périodes de temps prévues pour les placements de droits. Le paragraphe 3.5 prévoit actuellement que toutes les irrégularités relevées par la Bourse dans les documents relatifs au placement de droits doivent être corrigées au moins sept (7) jours de bourse avant la date de clôture des registres, ce qui signifie en pratique que cette date ne peut être établie avant le dépôt de la version définitive des documents. Dès à présent, la Bourse réduit la période d'avis préalable de sept (7) à cinq (5) jours de bourse pour établir la date de clôture des registres dans le cadre de tous les placements de droits. La Bourse considère que cinq (5) jours de bourse suffisent pour informer les participants au marché du début de la négociation ex-droits des valeurs inscrites, qui débute généralement deux (2) jours de bourse avant la date de clôture des registres.
Prix de souscription minimal de 0,01 $
Nous proposons que le paragraphe 4.3 de la Politique 4.5 soit modifié de sorte que le prix de souscription des titres devant être acquis à l'exercice des droits ne puisse en aucun cas être inférieur à 0,01 $. D'ici à ce que les modifications qu'il est proposé d'apporter à la Politique 4.5 entrent en vigueur, la Bourse fournira sur demande une dispense à l'égard du prix de souscription minimal de 0,05 $ actuellement prévu, à condition que le prix de souscription des titres devant être acquis à l'exercice des droits ne soit pas inférieur à 0,01 $.
Prix d'exercice minimal des bons de souscription
Nous proposons que le paragraphe 4.4 de la Politique 4.5 soit modifié de sorte que le prix minimal d'exercice d'un bon de souscription compris dans l'unité devant être acquise à l'exercice d'un droit ne puisse être inférieur au cours du marché avant la publication du communiqué annonçant le placement de droits, et en aucun cas inférieur à 0,05 $.
Inscription facultative des droits
La Politique 4.5 prévoit l'inscription des droits à la Bourse aux fins de négociation et nous proposons de la modifier de sorte qu'elle indique explicitement que l'émetteur peut, à son gré, inscrire les droits à la Bourse aux fins de négociation, mais qu'il n'est pas tenu de le faire. D'ici à ce que les modifications proposées à la Politique 4.5 entrent en vigueur, la Bourse approuvera sur demande les placements de droits pour lesquels l'émetteur choisit de ne pas inscrire les droits aux fins de négociation. L'émetteur qui demande ou qui a l'intention de demander une dispense à l'égard de l'exigence d'inscription des droits doit divulguer expressément qu'il a fait ou qu'il a l'intention de faire cette demande, le cas échéant, dans le communiqué annonçant le placement de droits. Les droits doivent dans tous les cas être transférables, ainsi que le prévoit le paragraphe 5.1 de la Politique 4.5.
Nouveaux actionnaires importants
Nous proposons de modifier la Politique 4.5 de sorte que l'approbation des actionnaires ne soit généralement pas nécessaire à l'égard de la création d'un nouvel actionnaire dominant de l'émetteur par suite d'un engagement de souscription dans le cadre d'un placement de droits, à condition que les droits soient inscrits à la Bourse aux fins de négociation et que le prix de souscription des droits soit « substantiellement escompté » par rapport au cours du marché. On entend par « escompte substantiel » un écart au moins égal à la décote maximale par rapport au cours du marché permise pour les placements privés, telle que précisée dans la définition du terme « cours escompté » dans la Politique 1.1. Si l'une ou l'autre de ces conditions n'est pas remplie, la Bourse pourra exiger que les actionnaires approuvent d'abord la création du nouvel actionnaire dominant.
De plus, avant que la Bourse accepte un placement de droits comprenant un engagement de souscription, toute personne qui, à la réalisation du placement de droits, pourrait devenir propriétaire véritable ou à titre de prête-nom, directement ou indirectement, de titres représentant plus de 10 % des droits de vote rattachés à tous les titres comportant droit de vote en circulation d'un émetteur ou qui pourrait exercer un contrôle véritable ou à titre de prête-nom, directement ou indirectement, sur de tels titres (ou qui est administrateur, dirigeant ou initié d'un tel porteur de titres si celui-ci n'est pas une personne physique) doit d'abord déposer auprès de la Bourse un Formulaire de renseignements personnels (formulaire 2A) ou, s'il y a lieu, une Déclaration (formulaire 2C1).
Pour toute question concernant le présent bulletin ainsi que le projet de modification de la Politique 4.5, veuillez communiquer avec l'une des personnes suivantes :
Charlotte Bell |
Conseillère juridique principale, Politiques |
604 643-6577 |
|
Kyle Araki |
Chef d'équipe, Calgary |
403 218-2851 |
|
Andrew Creech |
Chef d'équipe, Vancouver |
604 602-6936 |
|
Eric Loree |
Chef d'équipe, Toronto |
416 365-2221 |
|
Sylvain Martel |
Chef d'équipe, Montréal |
514 788-2408 |
________________________________________
01 COMMUNIQUE LABORATORY INC. ("ONE")
BULLETIN TYPE: Halt
BULLETIN DATE: January 18, 2016
TSX Venture Tier 2 Company
Effective at 6:47 a.m. PST, January 18, 2016, trading in the shares of the Company was halted 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.
________________________________________
AEQUUS PHARMACEUTICALS INC. ("AQS")
BULLETIN TYPE: Prospectus - Share Offering
BULLETIN DATE: January 18, 2016
TSX Venture Tier 2 Company
Aequus Pharmaceuticals Inc. ("Aequus") has closed its financing pursuant to its Prospectus Supplement dated January 7, 2016 to a Base Shelf Prospectus dated June 30, 2015, as previously supplemented by a prospectus supplement dated October 21, 2015, which was filed with and accepted by TSX Venture Exchange Inc. and filed with and receipted by the securities commissions of each of the Provinces of British Columbia, Alberta, Manitoba, Saskatchewan and Ontario on July 6, 2015, pursuant to the provisions of the applicable Securities Acts (the "Offering").
TSX Venture Exchange Inc. has been advised that the Offering closed on January 12, 2016, for gross proceeds of $1,750,000.
Offering: |
3,500,000 common shares |
Share Price: |
$0.50 |
For further information, see the news release dated January 12, 2016 which is available under Aequus' profile on SEDAR
________________________________________
AEQUUS PHARMACEUTICALS INC. ("AQS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 18, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 7, 2016:
Number of Shares: |
1,797,422 shares |
|
Purchase Price: |
$0.50 per share |
|
Number of Placees: |
6 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Dr. Fotios Plakogiannis |
Y |
167,916 |
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.
________________________________________
AM GOLD INC. ("AMG")
BULLETIN TYPE: Consolidation
BULLETIN DATE: January 18, 2016
TSX Venture Tier 2 Company
Pursuant to a resolution passed by directors December 15, 2015, the Company has consolidated its capital on a (5) five old for (1) one new basis. The name of the Company has not been changed.
Effective at the opening Tuesday, January 19, 2016, the common shares of AM Gold Inc. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Gold and Silver Mining' company.
Post - Consolidation |
||
Capitalization: |
Unlimited |
shares with no par value of which |
3,023,956 |
shares are issued and outstanding |
|
Escrow |
Nil |
shares are subject to escrow |
Transfer Agent: |
Computershare Investor Services Inc. |
|
Trading Symbol: |
AMG |
(UNCHANGED) |
CUSIP Number: |
001705300 |
(NEW) |
________________________________________
AMERICAN VANADIUM CORP. ("AVC")
BULLETIN TYPE: Shares for Services, Remain Halted
BULLETIN DATE: January 18, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 100,000 shares at a deemed price of $ $0.10 and 100,000 shares at a deemed price of $0.08, in consideration of certain services provided to the company pursuant to Consulting Services Agreements dated September 5, 2015 and October 15, 2015.
The Company shall issue a news release when the shares are issued.
________________________________________
CANAMAX ENERGY LTD. ("CAC")
BULLETIN TYPE: Halt
BULLETIN DATE: January 18, 2016
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, January 18, 2016, 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.
________________________________________
CARMAX MINING CORP. ("CXM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 18, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 21, 2015:
Number of Shares: |
30,000,000 flow-through shares |
|
Purchase Price: |
$0.05 per share |
|
Number of Placees: |
1 Placee |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Northern Fox Copper Inc. |
Y |
30,000,000 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly.
________________________________________
CHINA KELI ELECTRIC COMPANY LTD. ("ZKL")
BULLETIN TYPE: Halt
BULLETIN DATE: January 18, 2016
TSX Venture Tier 2 Company
Effective at 9:23 a.m. PST, January 18, 2016, trading in the shares of the Company was halted for Failure to Maintain Transfer Agent. 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.
________________________________________
CORONADO RESOURCES LTD. ("CRD")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: January 18, 2016
TSX Venture Tier 1 Company
The TSX Venture Exchange Inc. (the "Exchange") has accepted documentation in connection with an asset purchase agreement between Coronado Resources Ltd.'s ("Coronado") wholly owned subsidiary, Opunake Hydro Limited ("OHL"), and Cheal Petroleum Limited ("Cheal"), a wholly owned subsidiary of TAG Oil Ltd. ("TAG"), dated October 30, 2015 (the "Asset Purchase Agreement"), whereby OHL has agreed to sell two (2) 1 megawatt gas-fired generators located at the Cheal A oil and gas field site located in Taranaki, New Zealand for cash consideration of NZ$2,000,000 (the "Asset Transaction").
The Exchange has also accepted documentation in connection with a share purchase agreement between Coronado's wholly owned subsidiary, Lynx Clean Power Corp. ("Lynx")and with Opunake Hydro Holdings Limited ("OHHL") dated October 30, 2015 (the "Share Purchase Agreement") under which Lynx has agreed to sell all of the outstanding common shares of OHL, which holds Coronado's interest in its hydro generation and gas-fired generation facilities, to OHHL in exchange for NZ$200,000 in cash(the "OHL Sale Transaction").
The Exchange has been advised that approval of the Asset Transaction and the OHL Sale Transaction was obtained, in accordance with the requirements of MI 61-101, from of the shareholders of Coronado at an annual general and special meeting of shareholders held on November 30, 2015.
For further information see Coronado's news releases dated March 3, 2015 and November 30, 2015 which are available under the Coronado's profile on SEDAR.
Insider / Pro Group Participation: Cheal is a wholly owned subsidiary of TAG. TAG is a control person of Coronado. OHHL is a non-arm's length party to Coronado. Simon Young and Kevin Johnson, officers of OHL, own approximately 90% of the outstanding shares of OHHL.
________________________________________
DAMARA GOLD CORP. ("DMR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 18, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 2, 2015:
Number of Shares: |
1,475,000 shares |
Purchase Price: |
$0.05 per share |
Warrants: |
1,475,000 share purchase warrants to purchase 1,475,000 shares |
Warrant Initial Exercise Price: |
$0.15 |
Warrant Term to Expiry: |
5 Years |
Number of Placees: |
5 Placees |
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.
________________________________________
DECISIVE DIVIDEND CORPORATION ("DE")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: January 18, 2016
TSX Venture Tier 2 Company
The Issuer has declared the following dividend(s):
Dividend per Share: |
$0.025 |
Payable Date: |
February 15, 2016 |
Record Date: |
January 29, 2016 |
Ex-Dividend Date: |
January 27, 2016 |
________________________________________
ECO (ATLANTIC) OIL & GAS LTD. ("EOG")
BULLETIN TYPE: Halt
BULLETIN DATE: January 18, 2016
TSX Venture Tier 2 Company
Effective at 9:07 a.m. PST, January 18, 2016, 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.
________________________________________
EVERMOUNT VENTURES INC. ("ETV.H")
[formerly Evermount Ventures Inc. ("ETV.P")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Reinstated for Trading
BULLETIN DATE: January 18, 2016
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 Tuesday, January 19, 2016, 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 January 18, 2016, 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 ETV.P to ETV.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 TSX Venture Exchange Bulletin dated July 28, 2015, the Company has applied for reinstatement to trading.
Effective at the opening Tuesday, January 19, 2016, trading will be reinstated in the securities of the Company (CUSIP 30039P 10 6).
______________________________________________
EVEREST VENTURES INC. ("EET")
[formerly Tad Mineral Exploration Inc. ("TJ")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: January 18, 2016
TSX Venture Tier 2 Company
Pursuant to a resolution passed November 27, 2015, the Company has consolidated its capital on a (10) ten old for (1) one new basis. The name of the Company has also been changed as follows.
Effective at the opening Tuesday, January 19, 2016, the common shares of Everest Ventures Inc. will commence trading on TSX Venture Exchange and the common shares of TAD Mineral Exploration Inc. will be delisted. The Company is classified as an 'exploration' company.
Post - Consolidation |
||
Capitalization: |
Unlimited |
shares with no par value of which |
5,849,993 |
shares are issued and outstanding |
|
Escrow: |
Nil |
shares |
Transfer Agent: |
Computershare Investor Services Inc. |
|
Trading Symbol: |
EET |
(NEW) |
CUSIP Number: |
29982P105 |
(NEW) |
________________________________________
FIRST AMERICAS GOLD CORPORATION ("FAC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 18, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 15, 2015:
Number of Shares: |
3,400,000 shares |
Purchase Price: |
$0.15 per share |
Warrants: |
3,400,000 share purchase warrants to purchase 3,400,000 shares |
Warrant Exercise Price: |
$0.20 for a two year period |
Number of Placees: |
19 Placees |
The Company issued a news release on January 14, 2016 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.
________________________________________
GREAT PRAIRIE ENERGY SERVICES INC. ("GPE")
BULLETIN TYPE: Halt
BULLETIN DATE: January 18, 2016
TSX Venture Tier 1 Company
Effective at 5:00 a.m. PST, January 18, 2016, 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.
________________________________________
GREENSPACE BRANDS INC. ("JTR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: January 18, 2016
TSX Venture Tier 1 Company
Effective at 5:00 a.m., PST, January 18, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
GRENVILLE STRATEGIC ROYALTY CORP. ("GRC")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: January 18, 2016
TSX Venture Tier 2 Company
The Issuer has declared the following dividend(s):
Dividend per Common Share: |
$0.00583 |
Payable Date: |
February 16, 2016 |
Record Date: |
January 29, 2016 |
Ex-Dividend Date: |
January 27, 2016 |
________________________________________
NAIKUN WIND ENERGY GROUP INC. ("NKW")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: January 18, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 208,333 shares at a deemed price of $0.06, in consideration of certain services provided to the Company pursuant to agreements dated November 16, 2011, for the quarter ending December 31, 2015.
Insider / Pro Group Participation: |
||||
Insider=Y / |
Amount |
Deemed Price |
||
Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
Michael O'Connor |
Y |
$12,500 |
$0.06 |
208,333 |
The Company shall issue a news release when the shares are issued.
________________________________________
NAIKUN WIND ENERGY GROUP INC. ("NKW")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: January 18, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue shares at a deemed price of $0.06, in consideration of certain services provided to the Company pursuant to agreements dated November 16, 2011, for the quarter ending December 31, 2015.
Insider / Pro Group Participation: |
||||
Insider=Y / |
Amount |
Deemed Price |
||
Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
Joe Houssian |
Y |
$1,718.76 |
$0.06 |
28,646 |
Michael Burns |
Y |
$1,718.76 |
$0.06 |
28,646 |
Philip Hughes |
Y |
$5,000.04 |
$0.06 |
83,334 |
Arthur Williams |
Y |
$2,031.30 |
$0.06 |
33,855 |
The Company shall issue a news release when the shares are issued
________________________________________
NOBEL REAL ESTATE INVESTMENT TRUST ("NEL.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: January 18, 2016
TSX Venture Tier 2 Company
The Issuer has declared the following distribution(s):
Distribution per Unit: |
$0.014165 |
Payable Date: |
February 15, 2016 |
Record Date: |
January 29, 2016 |
Ex-Distribution Date: |
January 27, 2016 |
________________________________________
NOUVEAU MONDE MINING ENTERPRISES INC. ("NOU")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: January 18, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 250,000 common shares at a deemed price of $0.20 per share, in settlement of services provided to the Company.
Number of Creditors: |
1 Creditor |
For more information, please refer to the Company's press release dated January 8, 2016.
ENTREPRISES MINIÈRES DU NOUVEAU MONDE INC. (« NOU »)
TYPE DE BULLETIN : Émission d'actions en paiement de services
DATE DU BULLETIN : Le 18 janvier 2016
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation de la société en vertu de l'émission proposée de 250 000 actions ordinaires au prix réputé de 0,20 $ l'action, en règlement de certains services fournis à la société.
Nombre de créanciers : |
1 créancier |
Pour de plus amples renseignements, veuillez consulter le communiqué de presse de la société daté du 8 janvier 2016.
____________________________________
OPSENS INC. ("OPS")
BULLETIN TYPE: Prospectus-Share Offering
BULLETIN DATE: January 18, 2016
TSX Venture Tier 2 Company
The Company's Short Form Prospectus dated December 11, 2015 was filed with and accepted by TSX Venture Exchange (the "Exchange") and filed with and receipted by the Alberta, British Columbia, Ontario Securities Commissions and Autorité des marchés financiers du Québec pursuant to the provisions of the Alberta, British Columbia, Ontario and Québec Securities Act.
Agents: |
Paradigm Capital Inc., RBC Dominion Securities Inc. and M Partners Inc. |
Offering: |
$5,000,000 Offering. The Offering consists of 5,681,819 units (the "Units") at a price $0.88 per Unit. Each Unit consists of one common share and one-half of one common share purchase warrant (the "Warrant"). Each whole Warrant entitles the holder to purchase one additional common share at the exercise price of $1.20 per common share during a period of 18 months following the closing date. |
Price: |
$0.88 per Unit |
Warrant Exercise Price: |
$1.20 per common share during a period of 18 months following the closing date. |
Agents' commission: |
$276,201.53 in cash and 313,865 brokers warrants to purchase 313,865 common shares at an exercise price of $0.88 per common share during a period of 18 months following the closing date. |
Over-Allotment Option: |
The agents have been granted an over-allotment option, exercisable for a period of 30 days following the closing date, to purchase an additional number of units equal to 15% of the number of units sold pursuant to the Offering. |
The Company has confirmed the closing of the public offering by means of a new release dated December 22, 2015. The aggregate gross proceeds received by the Company for the offering is approximately $5,000,000 (5,681,819 Units at $0.88 per Unit).
OPSENS INC. (« OPS »)
TYPE DE BULLETIN : Émission d'unités par prospectus
DATE DU BULLETIN : Le 18 janvier 2016
Société du groupe 2 de Bourse de croissance TSX
Le prospectus simplifié en date du 11 décembre 2015 de la société a été déposé et accepté par la Bourse de croissance TSX (la « Bourse ») et a été déposé et visé par l'Autorité des marchés financiers du Québec et les Commissions des valeurs mobilières de l'Alberta, de la Colombie-Britannique et de l'Ontario, en vertu des dispositions des Lois sur les valeurs mobilières du Québec, de l'Alberta, de la Colombie-Britannique et de l'Ontario.
Agents : |
Paradigme Capital Inc., RBC Dominion valeurs mobilières inc. et M Associés Inc. |
Offre : |
Un placement de 5 000 000 $. Le placement consiste en 5 681 819 unités au prix de 0,88 $ l'unité. Chaque unité est composée d'une action ordinaire et d'un demi-bon de souscription d'action ordinaire (les « bons de souscription »). Chaque bon de souscription entier permet aux porteurs de souscrire une action ordinaire additionnelle au prix d'exercice de 1,20 $ l'action ordinaire sur une période de 18 mois suivant la clôture. |
Prix: |
0,88 $ par unité |
Prix d'exercice des bons : |
1,20 $ par action ordinaire durant les 18 mois suivant la date de clôture. |
Commission des agents : |
276 201,53 $ au comptant et 313 865 bons de courtiers permettant de souscrire 313 865 actions ordinaires au prix d'exercice de 0,88 $ par action ordinaire pendant une période de 18 mois suivant la date de clôture. |
Option d'attribution excédentaire : |
Les agents ont reçu une option pour attributions excédentaires, applicable pendant une période de 30 jours suivant la clôture, visant l'acquisition d'un nombre additionnel d'unités égal à 15 % du nombre d'unités souscrits dans le cadre du placement. |
La société a confirmé la clôture de l'appel public à l'épargne dans un communiqué de presse daté du 22 décembre 2015. Le produit brut reçu par la société en vertu de l'appel public à l'épargne est d'environ 5 000 000 $ (5 681 819 unités au prix de 0,88 $ par unité).
________________________________________
SHAW COMMUNICATIONS INC. ("SJR.A")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: January 18, 2016
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
Dividend per Share: |
$0.098542 |
Payable Date: |
March 30, 2016; April 28, 2016 & May 30, 2016 |
Record Date: |
March 15, 2016; April 15, 2016 & May 13, 2016 |
Ex-dividend Date: |
March 11, 2016; April 13, 2016 & May 11, 2016 respectively |
________________________________________
SKEENA RESOURCES LIMITED ("SKE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 18, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 13, 2015:
Flow-Through Shares: |
|
Number of FT Shares: |
50,000,000 flow through shares |
Purchase Price: |
$0.0975 per flow through share |
Non Flow-Through Shares: |
|
Number of Non-FT Shares: |
15,000,000 non flow through shares |
Purchase Price: |
$0.075 per non flow through share |
Number of Placees: |
15 Placees |
Finder's Fee: |
|
Canaccord Genuity Corp. |
$4,680.00 cash |
Ecoban Securities Corporation |
$118,560.00 cash |
Delbrook Capital Advisors Inc. |
$48,000.00 cash |
Fletcher Morgan |
$150,000.00 cash |
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.
________________________________________
SOUTHERN SUN MINERALS INC. ("SSI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 18, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 6, 2016:
Number of Shares: |
18,000,000 shares |
Purchase Price: |
$0.05 per share |
Warrants: |
18,000,000 share purchase warrants to purchase 18,000,000 shares |
Warrant Initial Exercise Price: |
$0.10 |
Warrant Term to Expiry: |
2 Years |
Number of Placees: |
28 Placees |
Finder's Fee: |
|
Ron Loewen |
1,800,000 shares; 1,800,000 warrants |
Finder Warrant Initial Exercise Price: |
$0.10 |
Finder Warrant Term to Expiry: |
2 years |
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.
________________________________________
STARLIGHT U.S. MULTI-FAMILY CORE FUND ("UMF.A")("UMF.U")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: January 18, 2016
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
Distribution per Cl A: |
CDN$0.05833 |
Distribution per Cl U: |
US$0.05833 |
Payable Date: |
February 15, 2016 |
Record Date: |
January 29, 2016 |
Ex-Distribution Date: |
January 27, 2016 |
________________________________________
STARLIGHT U.S. MULTI-FAMILY (NO. 2) CORE FUND ("SUD.A")("SUD.U")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: January 18, 2016
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
Distribution per Cl A: |
CDN$0.05833 |
Distribution per Cl U: |
US$0.05833 |
Payable Date: |
February 15, 2016 |
Record Date: |
January 29, 2016 |
Ex-distribution Date: |
January 27, 2016 |
________________________________________
STARLIGHT U.S. MULTI-FAMILY (NO. 3) CORE FUND ("SUS.A")("SUS.U")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: January 18, 2016
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
Distribution per Cl A: |
CDN$0.05833 |
Distribution per Cl U: |
US$0.05833 |
Payable Date: |
February 15, 2016 |
Record Date: |
January 29, 2016 |
Ex-distribution Date: |
January 27, 2016 |
________________________________________
STARLIGHT U.S. MULTI-FAMILY (NO. 4) CORE FUND ("SUF.A")("SUF.U")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: January 18, 2016
TSX Venture Tier 1 Company
The Issuer has declared the following distributions:
Distribution per Cl A: |
CDN$0.05833 |
Distribution per Cl U: |
US$0.05833 |
Payable Date: |
February 15, 2016 |
Record Date: |
January 29, 2016 |
Ex-dividend Date: |
January 27, 2016 |
________________________________________
TAKARA RESOURCES INC. ("TKK")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: January 18, 2016
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 Toronto to Vancouver.
________________________________________
NEX COMPANIES
LIONS BAY CAPITAL INC. ("LBI.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 18, 2016
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 22, 2015:
Number of Shares: |
1,140,000 shares |
|
Purchase Price: |
$0.05 per share |
|
Number of Placees: |
3 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
J. Ross MacLachlan |
Y |
500,000 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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