VANCOUVER, Feb. 17, 2016 /CNW/ -
TSX VENTURE COMPANIES
AFTERMATH SILVER LTD. ("AAG.H")
[formerly Aftermath Silver Ltd. ("AAG")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: February 17, 2016
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 Thursday, February 18, 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 Vancouver to NEX.
As of February 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 AAG to AAG.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 Exchange Bulletin dated October 6, 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.
_______________________________________
ANFIELD NICKEL CORP. ("ANF")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 17, 2016
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, February 17, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
GOLDEN ARROW RESOURCES CORPORATION ("GRG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 17, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 4, 2016:
| Number of Shares: |
2,918,000 shares |
| Purchase Price: |
$0.40 per share |
| Warrants: |
2,918,000 share purchase warrants to purchase 2,918,000 shares |
| Warrant Initial Exercise Price: |
$0.30 |
| Warrant Term to Expiry: |
1 Year |
| Number of Placees: |
5 Placees |
| Finder's Fee: |
|
| Amandla SA |
$10,500.00 cash; 39,000 shares |
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.
________________________________________
GRANDE PORTAGE RESOURCES LTD. ("GPG")
BULLETIN TYPE: Consolidation
BULLETIN DATE: February 17, 2016
TSX Venture Tier 1 Company
Pursuant to a special resolution passed by the directors on February 4, 2016, the Company has consolidated its capital on a ten old for one new basis. The name of the Company has not been changed.
Effective at the opening Thursday, February 18, 2016, the common shares of Grande Portage Resources Ltd. 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 |
| 6,950,239 |
shares are issued and outstanding |
|
| Escrow |
Nil |
shares |
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
GPG |
(UNCHANGED) |
| CUSIP Number: |
38655P201 |
(NEW) |
________________________________________
HARVEST GOLD CORP. ("HVG")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement, Remain Halted
BULLETIN DATE: February 17, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement (the "Agreement") dated November 23, 2015, between Harvest Gold Corporation (the "Company") and Rosebud Exploration LLC ("Rosebud") whereby Rosebud has the exclusive right and option ( the "Option") to acquire an undivided 100% right, title and interest in and to the Rosebud gold project in Northwest Nevada (the "Property") subject to a 3% Net Smelter Royalty in favor of Newmont Mining Corporation ( the "Newmont Royalty").
Rosebud can acquire the Property by completing the following stages:
- Stage 1 –, Rosebud is to pay the Company US$25,000 upon execution of the Agreement (paid), pay $50,000 to Newmont Mining Corporation on account of an advance royalty payment due under the Newmont Royalty ( paid) and pay the 2016 BLM and County payments in respect of the Property on or before July 31, 2016 (outstanding)
- Stage 2 – Upon completion of the obligations under Stage 1, pay the Company CDN$100,000 to complete the exercise of the Option.
- Upon exercise of the Option, Rosebud will have a 100% interest in the Property, subject to the Newmont Royalty.
For further information, please see the Company's news release dated November 24, 2015.
________________________________________
JET METAL CORP. ("JET")("JET.WT")
BULLETIN TYPE: Halt
BULLETIN DATE: February 17, 2016
TSX Venture Tier 2 Company
Effective at 4:24 a.m. PST, February 17, 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.
________________________________________
JET METAL CORP. ("JET")("JET.WT")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: February 17, 2016
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated February 17, 2016, 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 TSXV 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.
________________________________________
MAGELLAN MINERALS LTD. ("MNM")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 17, 2016
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, February 17, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
MONGOLIA GROWTH GROUP LTD. ("YAK")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: February 17, 2016
TSX Venture Tier 1 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 February 11, 2016. The company may repurchase for cancellation, up to 2,950,000 shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange or other recognized marketplaces during the period February 23, 2016 to February 22, 2017. Purchases pursuant to the bid will be made by M Partners Inc. on behalf of the Company.
________________________________________
MUSGROVE MINERALS CORP. ("MGS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 17, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 22, 2015:
| Number of Shares: |
12,310,000 shares |
|
| Purchase Price: |
$0.05 per share |
|
| Number of Placees: |
38 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Rana Vig |
Y |
200,000 |
| R2A2 Holdings (Rana Vig) |
Y |
400,000 |
| Aggregate Pro Group |
||
| Involvement [4 Placees] |
P |
520,000 |
| Finder's Fee: |
Northwest Marketing & Management Inc. (Denise Trainor) 1,087,000 |
|
| 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.
________________________________________
NORTH ARROW MINERALS INC. ("NAR")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: February 17, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Royalty Agreement dated Jan 25, 2016 between the Company and Umgeni Holdings International Ltd ("Umgeni"), whereby the Company will grant Ugemi various % gross overriding royalty ("GOR") on diamonds & net smelter returns royalty ("NSR") on base and precious metals, from the Company's various holding in the Redemption Diamond Project ("Redemption Project"), located in the Lac de Gras region of the Northwest Territories. Umgeni is a private company of which Christopher Jennings, a director of North Arrow, is a beneficiary of the sole shareholder.
Under the terms of the agreement with Umgeni, Umgeni has agreed to pay North Arrow $800,000 to acquire the following royalty interests in North Arrow's Redemption Diamond Project:
- a 1.5% gross overriding royalty on diamonds ("GOR") and a 1.5% net smelter returns royalty on base and precious metals ("NSR") for three mineral claims owned 100% by North Arrow;
- a 1.25% GOR and 1.25% NSR on 12 mineral claims and 5 mining leases (the "ADD Claims") that are currently under option from Arctic Star Exploration Corp. (TSXV-ADD). These 1.25% royalties will be payable from North Arrow's ultimate interest in the ADD claims and NAR will have sole responsibility for paying them. Under the option agreement with Arctic Star, North Arrow can earn a 55% interest in the properties by incurring $5 million in exploration expenditures prior to July 1, 2017. If North Arrow decides not to proceed beyond 2016 with further exploration under the option agreement with Arctic Star, Umgeni has the right to acquire North Arrow's interest in the option. If Umgeni does not acquire North Arrow's interest in the option agreement and the option agreement terminates, then Umgeni will have no further right to receive royalties for any ADD Claims in which North Arrow does not retain an interest. Arctic Star has consented to the granting of these 1.25% royalties on the ADD Claims and the possible future transfer to Umgeni of North Arrow's interest in the option agreement.
It is a further term of the agreement with Umgeni that North Arrow must conduct a minimum $800,000 exploration program at the Redemption Project before August 2016.
The transaction was closed Feb 10, 2016. Further information is available in the Company's news releases dated January 25, 2016, and February 10, 2016.
________________________________________
PARALLEL MINING CORP. ("PAL")
BULLETIN TYPE: Private Placement-Non-Brokered, Remain Halted
BULLETIN DATE: February 17, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 16, 2016:
| Number of Shares: |
1,800,000 shares |
|
| Purchase Price: |
$0.05 per share |
|
| Warrants: |
1,800,000 share purchase warrants to purchase 1,800,000 shares |
|
| Warrant Initial Exercise Price: |
$0.15 |
|
| Warrant Term to Expiry: |
3 Years |
|
| Number of Placees: |
11 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
Pro-Group=P |
# of Shares |
| Aggregate Pro-Group |
||
| Involvement [1 Placee] |
P |
200,000 |
| Finder's Fee: |
||
| PI Financial Corp. |
$5,850.00 cash |
|
| Canaccord Genuity Corp. |
$2,000.00 cash; 40,000 warrants |
|
| Finder Warrant Initial Exercise Price: |
$0.15 |
|
| Finder Warrant Term to Expiry: |
0.15 in first year, 0.20 in second year, 0.25 in third year |
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.
________________________________________
SOUTHERN ARC MINERALS INC. ("SA")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: February 17, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing a memorandum of agreement dated December 5, 2014 (the "Agreement"), between Southern Arc Minerals Ltd. (the "Company") and PT Genesis Sumber Energi ("PT GSE"). Pursuant to the Agreement, PT GSE can earn a 25% interest in the Company's West Lombok project, Indonesia (the "Property") by obtaining governmental approval for an environmental impact study and feasibility study. PT GSE is also required to obtain governmental approval to convert the exploration permit into an exploitation permit.
In the event the exploitation permit is obtained, the Company and PT GSE will enter into a service agreement (the "Service Agreement") to conduct small-scale mining on the Property. Profits from the sale of minerals sold from such mining activities will be split 25% Southern Arc, 65% PT GSE and 10% local government.
Insider / Pro Group Participation: N/A
Please refer to the Company's news release dated December 8, 2014 under the Company's SEDAR profile.
________________________________________
WELLSTAR ENERGY CORP. ("WSE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 17, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to the Purchase and Sale Agreement dated for reference January 18, 2016 between the Company's wholly owned subsidiary Nexxtep Resources Ltd. ("Nexxtep") and TKG Resources Ltd. whereby Nexxtep has agreed to purchase an undivided 50% working interest in all of the right, title and interests in and to certain oil & gas assets located in west-central Alberta in consideration of 750,000 common shares of the Company and 500,000 warrants with each warrant exercisable to acquire one common share of the Company at an exercise price of $0.05 per share for a period of 45 months.
________________________________________
NEX COMPANIES
CBD MED RESEARCH CORP. ("CBM.H")
BULLETIN TYPE: Shares for Debt, Remain Halted
BULLETIN DATE: February 17, 2016
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 851,023 shares at a deemed value of $0.06 per share to settle outstanding debt for $51,061.37.
| Number of Creditors: |
7 Creditors |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Barry Hemsworth |
Y |
$4,253.42 |
$0.06 |
70,890 |
| Kenneth Phillippe |
Y |
$4,212.33 |
$0.06 |
70,205 |
| Dr. K. Sethu Raman |
Y |
$11,443.29 |
$0.06 |
190,721 |
| Gary F. Zak |
Y |
$6,639.73 |
$0.06 |
110,662 |
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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