VANCOUVER, April 5, 2016 /CNW/ -
TSX VENTURE COMPANIES
ALDEVER RESOURCES INC. ("ALD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 5, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 30, 2016:
Number of Shares: |
2,599,666 shares (of which 2,266,666 are flow-through units with half warrants and 333,333 are non-flow-through units with whole warrants) |
Purchase Price: |
$0.15 per share |
Warrants: |
1,466,333 share purchase warrants to purchase 1,466,333 shares |
Warrant Exercise Price: |
$0.175 for a three year period |
Number of Placees: |
2 Placees |
Finder's Fee: |
Secutor Capital Management will receive a finder's fee of $30,600 and 204,000 warrants that are exercisable into common shares at $0.175 per share for a three year period. |
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. 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.
________________________________________
ARROWSTAR RESOURCES LTD ("AWS")
BULLETIN TYPE: Halt
BULLETIN DATE: April 5, 2016
TSX Venture Tier 2 Company
Effective at 6:32 a.m. PST, April 5, 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.
________________________________________
BLACK LION CAPITAL CORP ("BCL.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 5, 2016
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, April 5, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
EARTHWORKS INDUSTRIES INC. ("EWK")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: April 5, 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: |
3,430,000 |
Original Expiry Date of Warrants: |
April 15, 2016 |
New Expiry Date of Warrants: |
October 14, 2016 |
Exercise Price of Warrants: |
$0.20 |
These warrants were issued pursuant to a private placement of 6,860,000 shares with 3,430,000 share purchase warrants attached, which was accepted for filing by the Exchange effective on April 14, 2014.
________________________________________
EDGE RESOURCES INC ("EDE")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 5, 2016
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, April 5, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
EQUITAS RESOURCES CORP. ("EQT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 5, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Mar 04, 2016:
Number of Shares: |
30,000,000 shares |
Purchase Price: |
$0.05 per share |
Warrants: |
30,000,000 share purchase warrants to purchase 30,000,000 shares |
Warrant Initial Exercise Price: |
$0.10 |
Warrant Term to Expiry: |
2 Years |
Number of Placees: |
32 Placees |
Insider / Pro Group Participation: |
|
Insider=Y / |
|||||
Name |
Pro-Group=P |
# of Shares |
|||
Y |
|||||
Ridge Resources Ltd. |
4,231,400 |
||||
Kyler Hardy |
|||||
Zimtu Capital Corp. |
Y |
5,700,000 |
|||
David Hodge |
|||||
Finder's Fee: |
|
Canaccord Genuity Corp |
$1,600.00 cash; 32,000 warrants |
Delbrook Capital |
$10,000.00 cash; 200,000 warrants |
Finder Warrant Initial Exercise Price: |
$0.10 |
Finder Warrant Term to Expiry: |
two years from closing date |
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.
________________________________________
FALCON GOLD CORP. ("FG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 5, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Mar 17, 2015:
Number of Shares: |
2,549,666 shares |
Purchase Price: |
$0.075 per share |
Warrants: |
1,274,833 share purchase warrants to purchase 1,274,833 shares |
Warrant Initial Exercise Price: |
$0.10 |
Warrant Term to Expiry: |
2 Years |
Number of Placees: |
9 Placees |
Insider / Pro Group Participation: |
|
Insider=Y / |
||
Name |
Pro-Group=P |
# of Shares |
David Tafel |
Y |
80,000 |
Stephen Wilkinson |
Y |
70,000 |
Finder's Fee: |
|
Sheldon Swaye |
$6,373.13 cash |
Keith Wallace |
$3,750.00 cash |
The Company issued a news release on May 27, 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.
________________________________________
GALANE GOLD LTD. ("GG")
BULLETIN TYPE: Rights Offering-Shares
BULLETIN DATE: April 5, 2016
TSX VENTURE Tier 1 Company
The Company has announced it will offer to Shareholders of record on April 8, 2016, Rights to purchase common shares of the Company. One (1) Right will be issued for each common share held. Each Right and $0.01 are required to purchase one common share. The expiry date for the Rights Offering is May 6, 2016. As at March 30, 2016, the Company had 71,314,442 shares issued and outstanding.
Effective at the opening April 6, 2016, the common shares of the Company will trade Ex-Rights. THE RIGHTS WILL NOT BE LISTED FOR TRADING.
Summary:
Basis of Offering: |
One (1) Right exercisable for One (1) common share at |
Record Date: |
April 8, 2016 |
Shares Trade Ex-Rights: |
April 6, 2016 |
Rights Called for Trading: |
Not Applicable |
Rights Trade for Cash: |
Not Applicable |
Rights Expire: |
May 6, 2016, 4:30 PM (EST) |
Rights CUSIP Number: |
36316B132 |
Subscription Agent and Trustee: |
Equity Financial Trust Company |
Authorized Jurisdiction(s): |
All provinces and territories in Canada |
For further details, please refer to the Company's Rights Offering Circular dated March 30, 2016.
The Company's Rights Offering Circular has been filed with and accepted by the TSX Venture Exchange.
________________________________________
GOLDEN PREDATOR MINING CORP. ("GPY")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: April 5, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 425,964 shares at a deemed price of $0.1425, in consideration of certain services provided to the company by two arm's length service providers pursuant to service agreements dated March 10, 2016.
Please refer to the Company's news releases dated March 14, 2016 and April 4, 2016 for further details.
________________________________________
GOLD BULLION DEVELOPMENT CORP. ("GBB")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: April 5, 2016
TSX Venture Tier 2 Company
The Issuer has declared the following dividend(s):
Dividend per Common Share: |
Approximately 0.00768 shares of Takara Resources Inc. per one common share of the Company (2,500,000 Takara shares to be distributed pro rata to the Company's shareholders). |
Payable Date: |
April 26, 2016 |
Record Date: |
April 12, 2016 |
Ex-Dividend Date: |
April 8, 2016 |
________________________________________
GOLD BULLION DEVELOPMENT CORP. ("GBB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 5, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 18, 2016:
Number of Shares: |
18,402,743 shares |
Purchase Price: |
$0.05 per share |
Warrants: |
18,402,743 share purchase warrants to purchase 18,402,743 shares |
Warrant Initial Exercise Price: |
$0.10 |
Warrant Term to Expiry: |
2 Years |
Number of Placees: |
10 Placees |
Insider / Pro Group Participation: |
|
Insider=Y / |
|||
Name |
Pro-Group=P |
# of Shares |
|
Mineral Recovery Management Systems |
Y |
1,000,000 |
|
(Frank Basa) |
The Company issued a news release on March 23, 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.
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.
________________________________________
LORNE PARK CAPITAL PARTNERS INC. ("LPC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 5, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a share purchase agreement (the "Agreement") dated March 31, 2016 between the Company and three arm's length parties (collectively, the "Vendors"). Pursuant to the Agreement, the Company 100% of the outstanding shares of Index Wealth Management Inc..
As consideration, the Company shall pay an aggregate of $1,686,913, subject to adjustments, to the Vendors, and issue an aggregate of 1,375,000 common shares.
For more information, refer to the Company's news release, dated April 1, 2016.
________________________________________
MAPLE PEAK INVESTMENTS INC. ("MAP.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 5, 2016
TSX Venture Tier 2 Company
Effective at 7:00 a.m., PST, April 5, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
MARGARET LAKE DIAMONDS INC. ("DIA")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: April 5, 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: |
4,500,000 |
Original Expiry Date of Warrants: |
April 22, 2016 |
New Expiry Date of Warrants: |
October 22, 2017 |
Exercise Price of Warrants: |
$0.25 |
These warrants were issued pursuant to a private placement of 12,000,000 shares (3,000,000 Flow-through and 9,000,000 Non flow-through) with 4,500,000 share purchase warrants attached, which was accepted for filing by the Exchange effective April 22, 2014.
________________________________________
METALEX VENTURES LTD. ("MTX")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: April 5, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposed issuance of 93,750 shares at a deemed price of $0.08 per share, in consideration of certain services provided to the Company for the period ending January 31, 2016, pursuant to an Amended Deferred Share Unit Plan for Glenn Nolan dated September 13, 2013 and effective August 1, 2013.
The Company shall issue a news release when the shares are issued.
________________________________________
METALEX VENTURES LTD. ("MTX")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: April 5, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposed issuance of 93,750 shares at a deemed price of $0.08 per share, in consideration of certain services provided to the Company for the period ending January 31, 2016, pursuant to an Amended Deferred Share Unit Plan for Lorie Waisberg dated September 13, 2013 and effective August 1, 2013.
The Company shall issue a news release when the shares are issued.
________________________________________
MINERAL HILL INDUSTRIES LTD. ("MHI")
BULLETIN TYPE: Shares for Bonuses, Remain Halted
BULLETIN DATE: April 5, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 127,557 bonus shares to the following insiders: in consideration of loan amounts totaling $89,289.58.
Shares |
Warrants |
|
Merfin Mangement (Dieter Peter, Vera Kaiser) |
127,557 |
0 |
The company shall remain halted.
________________________________________
NETWORK EXPLORATION LTD. ("NET")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 5, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 5, 2016:
Number of Shares: |
5,427,000 shares |
Purchase Price: |
$0.10 per share |
Number of Placees: |
31 Placees |
Insider / Pro Group Participation: |
|
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Alex Helmel |
Y |
100,000 |
Aggregate Pro Group Involvement |
P |
660,000 |
[4 Placees] |
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.
________________________________________
NORAM VENTURES INC. ("NRM")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: April 5, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 400,000 shares at a deemed price of $0.05 to settle outstanding debt for $20,000.
Number of Creditors: |
2 Creditors |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
PROSPER GOLD CORP. ("PGX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 5, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 10, 2016:
Number of Shares: |
3,500,000 shares |
Purchase Price: |
$0.15 per share |
Warrants: |
3,500,000 share purchase warrants to purchase 3,500,000 shares |
Warrant Exercise Price: |
$0.25 for a three year period. The warrants have an acceleration clause, such that, if the closing price of the Company's shares is greater than $0.40 for a period of 20 consecutive trading days, the Issuer may give notice that the warrants will expire on the 30th day following such notice. |
Number of Placees: |
41 Placees |
Insider / Pro Group Participation: |
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Aggregate Pro Group Involvement |
P |
840,000 |
[7 Placees] |
Finder's Fee: |
Canaccord Genuity Corp. receives $450 and 3,000 non-transferable warrants, each exercisable at a price of $0.25 for a three year period. |
Haywood Securities Inc. receives $10,050 and 67,000 non-transferable warrants, each exercisable at a price of $0.25 for a three year period. |
|
Raymond James Ltd. receives $3,000 and 20,000 non-transferable warrants, each exercisable at a price of $0.25 for a three year period. |
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. [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.]
________________________________________
REVOLVER RESOURCES INC. ("RZ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 5, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced March 7, 2016:
Number of Shares: |
1,280,000 shares |
Purchase Price: |
$0.10 per share |
Warrants: |
1,280,000 share purchase warrants to purchase 1,280,000 shares |
Warrant Exercise Price: |
$0.15 for a five year period. The term of the warrants may be accelerated if the Company's shares trade at or above a price of $0.20 per share for a period of 10 consecutive days. In this case the company may give notice that the warrants will expire 30 days from such notice. |
Number of Placees: |
15 Placees |
Finder's Fee: |
$5,000 payable to Canaccord Genuity Corp. |
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.
________________________________________
SILVER PURSUIT RESOURCES LTD. ("SPF")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 5, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Feb 19, 2016. This private placement is being conducted in reliance upon a Discretionary Waiver as set out in the Notice to Issuers dated April 7, 2014:
Number of Shares: |
4,100,000 shares |
Purchase Price: |
$0.025 per share |
Warrants: |
4,100,000 share purchase warrants to purchase 4,100,000 shares |
Warrant Initial Exercise Price: |
$0.05 |
Warrant Term to Expiry: |
2 Years |
Number of Placees: |
14 Placees |
Insider / Pro Group Participation: |
|
Insider=Y / |
|||
Name |
Pro-Group=P |
# of Shares |
|
Trinity West Stables Inc. |
Y |
1,000,000 |
|
(Kathleen McClay) |
|||
Aggregate Pro-Group Involvement [1 Placee] |
P |
500,000 |
Finder's Fee: |
|
Canaccord Genuity Corp. |
$4,200.00 cash; 168,000 warrants |
Finder Warrant Initial Exercise Price: |
$0.05 |
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.
________________________________________
STANDARD GRAPHITE CORPORATION ("SGH")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 5, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to the acquisition agreement dated March 2, 2016 between the Company, Nievex Geoconsultant Inc. and Craig Schneider whereby the Company has an option to acquire a 100% ownership in certain mineral claims located in the NTS map sheets 32D08, 32J13, 32K13, 32N03, collectively referred to as the Lithium Property, in consideration of $2,500 and 6,000,000 common shares.
________________________________________
SYMAX LIFT (HOLDING) CO LTD. ("SYL")
BULLETIN TYPE: Amalgamation, Delist
BULLETIN DATE: April 5, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with an amalgamation agreement dated February 22, 2016 between Symax Lift (Holding) Co. Ltd. ("Symax") and 1060719 B.C. Ltd., ("Newco"), a corporation owned by Xiaoyan (Sabrina) Zhang, Han Min (Eric) Hsu and Shan Lin (the "Amalgamation Agreement"). Pursuant to the Amalgamation Agreement, Symax and Newco amalgamated as one company under the name Symax Lift (Holding) Inc. on April 1, 2016.
The Exchange has been advised that shareholder approval of the amalgamation was received from shareholders of Symax at a meeting of shareholders held on March 30, 2016. For further information see the Management Information Circular dated February 23, 2016 which is available on the SEDAR profile of Symax.
Effective at the close of business Tuesday, April 5, 2016, the common shares of Symax will be delisted from the Exchange at the request of Symax.
________________________________________
VANSTAR MINING RESOURCES INC. ("VSR")
BULLETIN TYPE: Halt
BULLETIN DATE: April 5, 2016
TSX Venture Tier 2 Company
Effective at 7:41 a.m. PST, April 5, 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.
________________________________________
VANSTAR MINING RESOURCES INC. ("VSR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 5, 2016
TSX Venture Tier 2 Company
Effective at 9:45 a.m., PST, April 5, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
NEX COMPANIES
SANTA ROSA RESOURCES CORP. ("STR.H")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: April 5, 2016
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 119,466 shares at a deemed price of $0.075 per share to settle outstanding debt for $8,960.
Number of Creditors: |
1 Creditors |
Insider / Pro Group Participation: |
Insider=Y / |
Amount |
Deemed Price |
||
Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
Garth Albright |
Y |
$8,960 |
$0.075 |
119,466 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
VENA RESOURCES INC. ("VEM.H")
BULLETIN TYPE: New Listing-Shares, Transfer and New Addition to NEX, Suspend
BULLETIN DATE: April 5, 2016
NEX Company
Effective at the opening on Wednesday, April 6, 2016, the shares of the Company will transfer to NEX.
The Company will be delisted from trading on Toronto Stock Exchange effective at the close on Tuesday, April 5, 2016. The Company no longer meets Toronto Stock Exchange minimum listing requirements and also has not yet met the requirements of a TSX Venture Tier 2 company.
At the time of transfer to NEX, trading in the shares of the Company will be suspended, the Company being subject to a Cease Trade Order issued by the Ontario Securities Commission on April 5, 2016.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
As of April 6, 2016, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.
The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market. The Company is classified as a 'junior natural resource – mining' company.
Corporate Jurisdiction: |
Ontario |
|
Capitalization: |
Unlimited |
common shares with no par value of which |
86,966,000 |
common shares are issued and outstanding |
|
Escrowed Shares: |
Nil |
shares |
Transfer Agent: |
TMX Equity Transfer Services |
|
Trading Symbol: |
VEM.H |
|
CUSIP Number: |
922589304 |
|
Agent's Warrants: |
N/A |
|
Company Contact: |
Charlotte May, Corporate Secretary |
|
Company Address: |
130 King St. West, Suite 3680, Toronto, Ontario, M5X 1B1 |
|
Company Phone Number: |
(416) 364-7739 |
|
Company Fax Number: |
(416) 599-4959 |
|
Company Email Address: |
||
Website: |
_______________________________________
VERONA DEVELOPMENT CORP. ("VDC.H")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: April 5, 2016
NEX Company
Further to the TSX Venture Exchange Bulletins dated August 7, 2009 and July 10, 2012, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission dated August 7, 2009 has been revoked.
Effective at the opening Wednesday, April 6, 2016 trading will be reinstated in the securities of the Company.
_______________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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