VANCOUVER, March 7, 2016 /CNW/ -
TSX VENTURE COMPANIES
BARSELE MINERALS CORP. ("BME")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: March 7, 2016
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: |
9,329,000 |
| Original Expiry Date of Warrants: |
March 24, 2016 |
| New Expiry Date of Warrants: |
March 24, 2018 |
| Exercise Price of Warrants: |
$0.30 |
These warrants were issued pursuant to a private placement of 18,658,000 shares of Orex Minerals Ltd. with 9,329,000 share purchase warrants attached, which was accepted for filing by the Exchange effective April 1, 2014. These warrants were issued pursuant to a Plan of Arrangement between Orex and Barsele that was completed on September 25, 2015.
________________________________________
BENTON RESOURCES INC. ("BEX")
BULLETIN TYPE: Halt
BULLETIN DATE: March 7, 2016
TSX Venture Tier 1 Company
Effective at 5:12 a.m. PST, March 7, 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.
________________________________________
BENTON RESOURCES INC. ("BEX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 7, 2016
TSX Venture Tier 1 Company
Effective at 9:30 a.m. PST, March 7, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
CASCADERO COPPER CORPORATION ("CCD")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: March 7, 2016
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated October 7, 2015, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission dated October 7, 2015 has been revoked.
Effective at the opening on Tuesday, March 8, 2016, trading will be reinstated in the securities of the Company.
_______________________________________
ECO (ATLANTIC) OIL & GAS LTD. ("EOG")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: March 7, 2016
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 March 3, 2016, it may repurchase for cancellation, up to 6,491,870 shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange during the period March 10, 2016 to March 9, 2017. Purchases pursuant to the bid will be made by Leede, Jones, Gable Inc. on behalf of the Company.
________________________________________
FORENT ENERGY LTD. ("FEN")
BULLETIN TYPE: Halt
BULLETIN DATE: March 7, 2016
TSX Venture Tier 1 Company
Effective at 5:07 a.m. PST, March 7, 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.
________________________________________
LARGO RESOURCES LTD. ("LGO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 7, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 19, 2016:
| Number of Shares: |
209,392,178 shares |
| Purchase Price: |
CDN$0.175 per share |
| Warrants: |
104,696,089 share purchase warrants to purchase 104,696,089 shares |
| Warrant Exercise Price: |
CDN$0.29 for a five year period |
| Number of Placees: |
60 placees |
| Insider / Pro Group Participation: |
|
| Insider=Y / |
||
| Name |
ProGroup=P / |
# of Shares |
| Arias Resource Capital Fund II (Mexico) L.P. |
Y |
120,199,448 |
| Arias Resource Capital Fund L.P. |
Y |
26,313,414 |
| Arias Resource Capital Fund II L.P. |
Y |
6,819,823 |
| Mark Smith |
Y |
4,218,000 |
| Michael Mutchler |
Y |
1,143,000 |
For further details, please refer to the Company's news releases dated January 29, 2016 and March 3, 2016.
________________________________________
MINECORP ENERGY LTD. ("MCE")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 7, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 4,217,504 shares to settle outstanding debt for $210,875.21.
| Number of Creditors: |
6 Creditors |
| Insider / Pro Group Participation: |
|
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| SCM Consulting Corp. |
Y |
$20,000 |
$0.05 |
400,000 |
| (Sean McGrath) |
||||
| JCollins Consulting Corp. |
Y |
$41,200 |
$0.05 |
824,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
MINERAL MOUNTAIN RESOURCES LTD. ("MMV")
BULLETIN TYPE: Halt
BULLETIN DATE: March 7, 2016
TSX Venture Tier 2 Company
Effective at 8:22 a.m. PST, March 7, 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.
________________________________________
MINERAL MOUNTAIN RESOURCES LTD ("MMV")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 7, 2016
TSX Venture Tier 2 Company
Effective at 9:45 a.m. PST, March 7, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
MIRA VII ACQUISITION CORP. ("MVA.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 7, 2016
TSX Venture Tier 2 Company
Further to the Exchange bulletins dated January 26, 2016, effective at the open on Tuesday, March 8, 2016, the shares of the Company will resume trading, the Company having announced the expiration of the proposed transaction on March 4, 2016.
________________________________________
MOSAIC CAPITAL CORPORATION ("M")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: March 7, 2016
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
| Dividend Amount per Common Share: |
$0.10 |
| Payable Date: |
March 31, 2016 |
| Record Date: |
March 15, 2016 |
| Ex-dividend Date: |
March 11, 2016 |
________________________________________
NEW NADINA EXPLORATIONS LIMITED ("NNA")
BULLETIN TYPE: Amendment, Consolidation
BULLETIN DATE: March 7, 2016
TSX Venture Tier 2 Company
AMENDMENT:
Further to the TSX Venture Exchange Bulletin dated March 3, 2016, the Exchange has accepted an amendment as follows:
Pursuant to a resolution passed by Directors February 24, 2014, the Company has consolidated its capital on a Ten (10) old for One (1) new basis.
________________________________________
PROSPER GOLD CORP. ("PGX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 7, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation pertaining to an option agreement with an effective date of February 25, 2016 between Prosper Gold Corp. (the 'Company') and Alexandria Minerals Corporation, pursuant to which the Company has the right and option to acquire a 75% interest in the Wydee property and the Matachewan property located in Ontario (together the 'Properties'). In consideration, the Company will issue a total of 750,000 shares and undertake a total of $5,000,000 of exploration or other work commitments all over a five year period, as follows:
| CASH |
SHARES |
WORK EXPENDITURES |
|
| Year 1 |
nil |
150,000 |
$120,000 |
| Year 2 |
nil |
150,000 |
nil |
| Year 3 |
nil |
150,000 |
nil |
| Year 4 |
nil |
150,000 |
nil |
| Year 5 |
nil |
150,000 |
$4,880,000 |
________________________________________
PROSPER GOLD CORP. ("PGX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 7, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation pertaining to an option agreement with an effective date of February 12, 2016 between Prosper Gold Corp. (the 'Company') and the optionors, Radall W. Salo, Jacques E. Robert, David M. Lefort and Andrew D. McLellan, pursuant to which the Company has the right and option to acquire a 100% interest in the Ashley Mine located in Ontario. In consideration, the Company will pay a total of $700,000, issue a total of 1,700,000 shares and undertake a total of $250,000 of exploration or other work commitments all over a three year period, as follows:
| CASH |
SHARES |
WORK EXPENDITURES |
|
| Year 1 |
$140,000 |
400,000 |
$50,000 |
| Year 2 |
$120,000 |
300,000 |
$100,000 |
| Year 3 |
$440,000 |
1,000,000 |
$100,000 |
The property is subject to a 3% net smelter return royalty, subject to a 2% buy back for $2,500,000.
________________________________________
TIMIA CAPITAL CORP. ("TCA")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: March 7, 2016
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, October 26, 2015, December 22, 2015 and February 19, 2016:
| Convertible Debenture |
$51,000 |
| Conversion Price: |
Convertible into 364,285 shares at a conversion price of $0.14 per share |
| Maturity date: |
Five years from the date of issue |
| Interest rate: |
8% per annum |
| Number of Placees: |
2 Placees |
| Insider / Pro Group Participation: |
|
| Insider=Y / |
||
| Name |
ProGroup=P |
Value of Debenture |
| Thealzel Lee |
Y |
$5,000 |
_____________________________________
VIER CAPITAL CORP. ("VIE.P")
BULLETIN TYPE: Halt
BULLETIN DATE: March 7, 2016
TSX Venture Tier 2 Company
Effective at 5:27 a.m. PST, March 7, 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.
________________________________________
WILTON RESOURCES INC. ("WIL")
BULLETIN TYPE: Amendment, Private Placement-Non-Brokered
BULLETIN DATE: March 7, 2016
TSX Venture Tier 2 Company
AMENDMENT:
Further to the TSX Venture Exchange Bulletin dated March 3, 2016, the Exchange has accepted an amendment with respect to a Non-Brokered Private Placement announced October 22, 2015:
| Finder's Fee: |
$25,900 cash and 64,750 warrants ("Finder Warrants") payable to Haywood Securities |
| $4,200 cash and 10,500 Finder's Warrants payable to Wolverton Securities Ltd. |
|
| Each Finder's Warrant is exercisable for one common share at a price of $0.40 for a period of 24 months from the closing date. |
The remainder of the bulletin remains unchanged.
________________________________________
NEX COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: March 4, 2016
NEX Company
A Cease Trade Order has been issued by the Alberta Securities Commission on March 4, 2016 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) |
||||
| TLL.H |
NEX |
Tilting Capital Corp. |
interim unaudited financial statements, interim management's discussion and analysis, and |
2015/12/31 |
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.
________________________________________
VALENCIA VENTURES INC. ("VVI.H")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 7, 2016
NEX Company
Further to the Exchange bulletin dated March 6, 2015, effective at the open on Tuesday, March 8, 2016, the shares of the Company will resume trading, the Company having announced the termination of the proposed transaction on February 2, 2016.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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