VANCOUVER, April 28, 2016 /CNW/ -
TSX VENTURE COMPANIES
ACTIVE GROWTH CAPITAL INC. ("ACK")
BULLETIN TYPE: Halt
BULLETIN DATE: April 28, 2016
TSX Venture Tier 2 Company
Effective at 10:16 a.m. PST, April 28, 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.
________________________________________
ACTIVE GROWTH CAPITAL INC. ("ACK")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 28, 2016
TSX Venture Tier 2 Company
Effective at 11:45, PST, April 28, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
ALGOLD RESOURCES LTD. ("ALG")
BULLETIN TYPE: Private Placement Non-Brokered
BULLETIN DATE: April 28, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement announced on March 21, 2016:
Number of Shares: |
35,202,700 common shares |
Purchase Price: |
$0.10 per common share |
Warrants: |
35,202,700 warrants to purchase 35,202,700 common shares |
Warrant exercise price: |
$0.15 during a period of 24 months following the closing date. |
Number of Placees: |
21 Placees |
Insider/Pro Group Participation:
Name |
Insider = Y / |
Number of Shares |
PGL Capital Inc. (Yves Grou, Benoît Lasalle) |
Y |
1,772,773 |
Thierry Vergnol |
Y |
1,000,000 |
Aggregate Pro Group Participation |
P |
241,700 |
(2 Placees)
Finder: Beacon Securities Limited
Intermediaries' Fee: |
$48,681.50 in cash and non-transferable compensation warrants to purchase 486,815 common shares at an exercise price of $0.15 during a period of 24 months following the closing date. |
The Company has confirmed the closing of the above-mentioned Private Placement by way of a press release dated April 4, 2016.
LES RESSOURCES ALGOLD LTÉE (« ALG »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 28 avril 2016
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier, tel qu'annoncé le 21 mars 2016 :
Nombre d'actions : |
35 202 700 actions ordinaires |
Prix : |
0,10$ par action ordinaire |
Bons de souscription : |
35 202 700 bons de souscription permettant de souscrire à 35 202 700 actions ordinaires |
Prix d'exercice des bons : |
0,15 $ pendant une période de 24 mois suivant la date de clôture |
Numéro de souscripteurs : |
21 souscripteurs |
Participation des initiés et du Groupe Pro :
Nom |
Initié = Y / Groupe Pro = P |
Nombre d'actionss |
|||
PGL Capital Inc. (Yves Grou, Benoît Lasalle) |
Y |
1 772 773 |
|||
Thierry Vergnol |
Y |
1 000 000 |
|||
Participation des membres du groupe « Pro » (2 souscripteurs) |
P |
241 700 |
|||
Intermédiaire : |
Beacon Securities Limited |
Honoraires d'intermédiation : |
48 681,50 $ en espèces et des bons de souscription de courtier non-transférables permettant de souscrire 486 815 actions ordinaires au prix d'exercice de 0,15$ durant une période de 24 mois suivant la clôture. |
La société a confirmé la clôture du placement privé mentionné ci-dessus par l'émission d'un communiqué de presse daté du 4 avril 2016.
_______________________________________________
ALSET ENERGY CORP. ("ION")
[formerly Benton Capital Corp. ("BTC")]
BULLETIN TYPE: Name Change
BULLETIN DATE: April 28, 2016
TSX Venture Tier 2 Company
Pursuant to a resolution passed April 20, 2016, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening May 2, 2016, the common shares of Alset Energy Corp. will commence trading on TSX Venture Exchange, and the common shares of Benton Capital Corp. will be delisted. The Company is classified as a 'Mining' company.
Capitalization: |
Unlimited |
shares with no par value of which |
|
38,136,764 |
shares are issued and outstanding |
||
Escrow: |
Nil |
Transfer Agent: |
Computershare Investor Services Inc. |
|
Trading Symbol: |
ION |
(new) |
CUSIP Number: |
021156104 |
(new) |
________________________________________
ANTERRA ENERGY INC ("AE.A")
BULLETIN TYPE: Halt
BULLETIN DATE: April 28, 2016
TSX Venture Tier 2 Company
Effective at 9:20 a.m. PST, April 28, 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.
________________________________________
BELMONT RESOURCES INC. ("BEA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 28, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche a Non-Brokered Private Placement announced March 30, 2016:
Number of Shares: |
3,900,000 shares |
Purchase Price: |
$0.05 per share |
Warrants: |
3,900,000 share purchase warrants to purchase 3,900,000 shares |
Warrant Exercise Price: |
$0.10 for a one year period |
$0.15 in the second year |
|
Number of Placees: |
12 Placees |
Insider / Pro Group Participation:
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Aggregate Pro Group Involvement |
500,000 |
[2 Placees]
Finder's Fee: |
Haywood Securities will receive a finder's fee of $7,500 and 150,000 warrants that are exercisable into common shares at $0.10 per share in the first year and at $0.15 per share in the second year. |
Kenneth B. Leibscher will receive a finder's fee of $2,000. |
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.
________________________________________
BIOSIGN TECHNOLOGIES INC. ("BIO")
BULLETIN TYPE: Halt
BULLETIN DATE: April 28, 2016
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, April 28, 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.
________________________________________
BRIONOR RESOURCES INC. ("BNR")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: April 28, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to an agreement dated March 4, 2016, between Brionor Resources Inc. ("Brionor") and First Mining Finance Corp. (TSX Venture: FF) ("First Mining"). The terms of the agreements consist in Brionor disposition to First Mining of Pitt Gold Property for an aggregate deemed consideration of $1,250,000 of which $1,000,000 of the purchase price will be satisfied through the issuance of 2,535,293 common shares of First Mining to Brionor and the remaining $250,000 paid in cash.
For further details, please refer to the press releases of the Company dated March 7 and April 25, 2016.
RESSOURCES BRIONOR INC. (" BNR ")
TYPE DE BULLETIN : Convention de vente d'actif ou convention de vente d'actions
DATE DU BULLETIN : Le 28 avril 2016
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation relativement une entente datée du 4 mars 2016 entre Ressources Brionor inc. (« Brionor ») et First Mining Finance Corp. (TSX Venture: FF) ("First Mining"). Les modalités de l'entente consistent en la vente par Brionor à First Mining de la propriété Pitt Gold pour une considération totale réputée de 1 250 000 $ dont 1 000 000 $ par l'émission de 2 535 293 actions ordinaires de First Mining à Brionor et le solde de 250 000 $ payé en espèces.
Pour plus d'information, veuillez-vous référer aux communiqués de presse de la société datés du 7 mars et 25 avril 2016.
__________________________________
BULLION GOLD RESOURCES CORP. ("BGD")
BULLETIN TYPE: Consolidation
BULLETIN DATE: April 28, 2016
TSX Venture Tier 2 Company
Pursuant to a Directors' Resolution dated April 18, 2016, the Company has consolidated its capital on a 10 old for 1 new basis. The name of the Company has not been changed.
Effective at the opening April 29, 2016, the shares of will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration/Development' company.
Post - Consolidation
Capitalization: |
Unlimited |
shares with no par value of which |
|
3,011,530 |
shares are issued and outstanding |
||
Escrow |
Nil |
shares are subject to escrow |
Transfer Agent: |
Computershare Investor Services Inc. |
|
Trading Symbol: |
BGD |
(UNCHANGED) |
CUSIP Number: |
120227202 |
(new) |
________________________________________
COBRA VENTURE CORPORATION ("CBV")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: April 28, 2016
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Inc.'s bulletin dated April 28, 2016 approving the sale by Cobra Venture Corporation ("Cobra") of its interest in the LH Property to Magnum Goldcorp Inc. ("Magnum") under an asset purchase agreement dated March 1, 2016 among Cobra, International Bethlehem Mining Corp. and Magnum (the "Agreement"), Cobra will be distributing the 17,120,000 common shares of Magnum received under the Agreement to its shareholders as a return of capital on a pro rata basis.
Distribution per Share: |
1.0765 Magnum shares per common share of Cobra held |
Payable Date: |
May 10, 2016 |
Record Date: |
May 4, 2016 |
Ex-Distribution Date: |
May 11, 2016 |
Due Bill Redemption Date: |
May 13, 2016 |
DUE BILL TRADING:
Cobra has declared a distribution of 1.0765 Magnum shares for every one common share of Cobra held which is payable on or about May 10, 2016 to shareholders of record as at the close of business on May 4, 2016. The common shares of Cobra will commence trading on a "due bill" basis effective from the opening of May 2, 2016 until May 10, 2016 inclusively. Sellers of the shares from May 2, 2016 to and including May 10, 2016 will not be entitled to the distribution. The shares will commence trading on an ex-distribution basis effective at the opening on Thursday, May 11, 2016.
_______________________________
EXPLOR RESOURCES INC. ("EXS")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: April 28, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 75,333 common shares at a deemed price of $0.15 per share, in consideration of services provided to the company pursuant to an agreement dated March 22, 2016, with an arm's length services provider.
Number of Creditors: |
1 creditor |
Insider / Pro Group Participation: |
Nil |
For more information, please refer to the Company's press releases dated April 6 and 20, 2016.
RESSOURCES EXPLOR INC. (" EXS ")
TYPE DE BULLETIN : Émission d'actions en règlement de services
DATE DU BULLETIN : Le 28 avril 2016
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation de la société relativement à l'émission proposée de 75 333 actions ordinaires au prix réputé de 0,15 $ l'action, en considération de services fournis par un fournisseur de services transigeant sans lien de dépendance avec la société dans le cadre d'une convention du 22 mars 2016.
Nombre de créanciers : |
1 créancier |
Participation Initié / Groupe Pro : |
Nil |
Pour de plus amples renseignements, veuillez vous référer aux communiqués de presse de la société datés du 6 et 20 avril 2016.
_______________________________________
EMPIRE ROCK MINERALS INC. ("EPR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 28, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing Alberta Lithium Acquisition Agreement dated April 11, 2016 between Empire Rock Minerals Inc. and David Agustin Heyman, Anthony J. Beruschi and Blizzard Finance Corp.(the "Vendors"), whereby the Company has agreed to acquire a 70% in the Fox Creek Project (the "Project"), Alberta, together with 100% of two private Alberta companies, Lithium Power Corp. and Dominica Energy Minerals Inc, for $100,000 in cash and 1,200,000 common shares to the Vendors. The Project is subject to a royalty of 2.2% of gross revenue and the Company is to incur the first $2,000,000 in the project development.
________________________________________
FIRST MINING FINANCE CORP. ("FF")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 28, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a property purchase agreement dated March 4, 2016 (the 'Agreement') between the Company and Brionor Resources Inc. (the 'Vendor'). Pursuant to the terms of the Agreement, the Company will acquire in (the 'Property'). By way of consideration, the Company will make a cash payment of $250,000 and will issue 2,535,293 shares to the Vendor at a deemed price of $0.3944 per share.
Please refer to the Company's news release dated March 7, 2016 for further details.
________________________________________
GOLDEN SECRET VENTURES LTD. ("GGS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 28, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 8, 2016, April 14, 2016 and April 15, 2016:
Number of Shares: |
8,650,000 shares |
Purchase Price: |
$0.30 per share |
Number of Placees: |
89 Placees |
Insider / Pro Group Participation:
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Fiore Financial Corp. (Frank Giustra) |
Y |
290,000 |
Brian Paes-Braga |
Y |
80,000 |
Quiet Cove Capital (Brian Paes-Braga) |
Y |
205,000 |
Gord Keep |
Y |
150,000 |
Bernadette D'Silva |
Y |
25,000 |
Matt Lawson |
Y |
16,000 |
Aggregate Pro Group Involvement |
P |
600,000 |
[9 placees]
Finder's Fee: |
$4,650 payable to Richardson GMP Limited |
$10,665 payable to Haywood Securities Inc. |
|
$11,475 payable to Wolverton Securities Ltd. |
|
$6,240 payable to Canaccord Genuity Corp. |
|
$3,750 payable to Mackie Research Capital Corporation |
|
$5,475 payable to PI Financial Corp. |
|
$9,000 payable to PowerOne Capital Markets Limited |
|
$44,000 payable to Eventus Capital Corp. |
|
$13,000 payable to Frank Anderson |
The Company issued a news release on April 27, 2016 confirming closing of the private placement.
________________________________________
GPM METALS INC. ("GPM")
BULLETIN TYPE: Halt
BULLETIN DATE: April 28, 2016
TSX Venture Tier 2 Company
Effective at 5:28 a.m. PST, April 28, 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.
________________________________________
GPM METALS INC. ("GPM")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 28, 2016
TSX Venture Tier 2 Company
Effective at 7:30 a.m. PST, April 28, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
GRANDE WEST TRANSPORTATION GROUP INC. ("BUS")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: April 28, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 25, 2016:
Convertible Debenture |
$2,400,000 ($1,200,000 Series A Debentures, $1,200,000 Series B Debentures) |
Conversion Price: |
Convertible into 3,529,412 shares at a conversion price of $0.68 |
Maturity date: |
Five years from date of issuance for Series A Debentures. Two years from date of issuance for Series B Debentures. |
Interest rate: |
8% |
Number of Placees: |
21 Placees |
Insider / Pro Group Participation:
Insider=Y / |
||
Name |
ProGroup=P |
Value of Debentures |
Aggregate Pro Group Involvement |
P |
$230,000 Series A; $240,000 Series B |
[3 Placees]
Finder's Fee: |
$120,000 payable to Leede Jones Gable Inc., with 176,471 warrants exercisable $0.68 for eighteen months |
$24,000 payable to Richardson GMP Ltd., with 35,294 warrants exercisable at $0.68 for eighteen months |
The Company issued a news release on April 28, 2016 confirming closing of the private placement.
________________________________________
INTERNATIONAL BETHLEHEM MINING CORP. ("IBC")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: April 28, 2016
TSX Venture Tier 2 Company
Further to the Exchange Bulletin dated April 27, 2016, with respect of the Asset Purchase Agreement dated March 1, 2016 among Cobra, International Bethlehem Mining Corp. ("ICB") and Magnum (the "Agreement"), International Bethlehem Mining Corp will distribute 17,026,427 of the Magnum Shares it receives to its shareholders of record as of the IBC Record Date, such that for each common share of IBC held, a shareholder of IBC can expect to receive approximately 1.5 Magnum Shares.
Distribution per Share: |
1.5 Magnum shares per common share of IBC held |
Payable Date: |
May 10, 2016 |
Record Date: |
May 4, 2016 |
Ex-Distribution Date: |
May 11, 2016 |
Due Bill Redemption Date: |
May 13, 2016 |
DUE BILL TRADING:
IBC has declared a distribution of 1.5 Magnum shares for every one common share of IBC held which is payable on or about May 10, 2016 to shareholders of record as at the close of business on May 4, 2016. The common shares of IBC will commence trading on a "due bill" basis effective from the opening of May 2, 2016 until May 10, 2016 inclusively. Sellers of the shares from May 2, 2016 to and including May 10, 2016 will not be entitled to the distribution. The shares will commence trading on an ex-distribution basis effective at the opening on Thursday, May 11, 2016.
________________________________________
KAPUSKASING GOLD CORP. ("KAP")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 28, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a mineral property acquisition agreement dated April 25, 2016 (the 'Agreement') between the Company and Larry Gervais (the 'Vendor'). Pursuant to the terms of the Agreement, the Company will acquire a 100% interest in the West Keefer property (the 'Property'). By way of consideration, the Company will make cash payments totalling $200,000 over five years and will issue 500,000 shares to the Vendor at a deemed price of $0.05 per share. The Property is subject to a 3% NSR in favour of the Vendor, of which the Company may repurchase 50% for $1,500,000. The Company will also pay $1,000,000 to the Vendor (payable in cash or common shares at the election of the Vendor) in the event a National Instrument 43-101-compliant resource of one million ounces of gold is delineated on the Property. The issuance of shares to the Vendor to settle this payment would be subject to the prior written approval of the Exchange.
Please refer to the Company's news release dated April 20, 2016 for further details.
________________________________________
NORTHERN SHIELD RESOURCES INC. ("NRN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 28, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 17, 2016:
Number of Securities: |
16,666,667 Units. Each Unit consists of one common share ("Share") and one half of one common share purchase warrant ("Warrant"). Each full Warrant is exercisable for one Share at a price of $0.05 for one year |
Purchase Price: |
$0.03 per Unit |
Warrants: |
8,333,333 |
Warrant Exercise Price: |
$0.05 |
Number of Placees: |
18 Placees |
Insider / |
|
Pro Group Participation: |
None |
Agent's Fee: |
Sherbrooke Street Capital. – Cash payment of $1,860 and 93,000 Broker Warrants, exercisable at a price of $0.05 for one year |
SIDEX sec – Cash payment of $3,000 |
____________________________________
NORTHISLE COPPER AND GOLD INC. ("NCX")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: April 28, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,500,000 shares to settle outstanding debt for $125,000.
Number of Creditors: 1 Creditors
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
POET TECHNOLOGIES INC. ("PTK")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 28, 2016
TSX Venture Tier 2 Company
Effective at 7:00 a.m. PST, April 28, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
QUANTUM INTERNATIONAL INCOME CORP. ("QIC") ("QIC.U")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: April 28, 2016
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated April 27, 2016, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Fundamental Acquisition pursuant to Listings Policy 5.6(d) of Exchange Policy 5.3.
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.
________________________________________
REPLICEL LIFE SCIENCES INC. ("RP")
BULLETIN TYPE: Warrant Price Amendment, Warrant Term Extension
BULLETIN DATE: April 28, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has consented to the reduction in the exercise price and the extension of the term of the following warrants:
Private Placement:
# of Warrants: |
3,765,834 |
Original Exercise Price of Warrants: |
$1.00 in year 1, $1.25 in year 2 |
New Exercise Price of Warrants: |
$0.50 |
Forced Exercise Provision: |
If the closing price for the Company's shares is $0.625 or greater for a period of 10 consecutive trading days, then the warrant holders will have 30 days to exercise their warrants; otherwise the warrants will expire on the 31st day. |
Original Expiry Date of Warrants: |
May 9, 2016 and June 16, 2016 |
New Expiry Date of Warrants: |
3,099,834 warrants expire May 9, 2018 |
666,000 warrants expire June 16, 2018 |
These warrants were issued pursuant to a private placement, which was accepted for filing by the Exchange effective May 28, 2014 and June 20, 2014.
________________________________________
ROCKY MOUNTAIN LIQUOR INC. ("RUM.DB.A")
[Formerly ROCKY MOUNTAIN LIQUOR INC. ("RUM.DB")]
BULLETIN TYPE: Prospectus-Debenture Offering, Convertible Debenture/s, Amendment
BULLETIN DATE: April 28, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has consented to the amendment of the following debenture/s:
Convertible Debenture |
$8,076,000 |
Original Conversion Price: |
$0.50 |
Original Maturity Date: |
April 30, 2016 |
Original Interest Rate: |
7.75% |
CUSIP Number: |
77472PAA9 (Unchanged) |
Amended Conversion Price: |
$0.25 |
Amended Maturity Date: |
April 30, 2021 |
Amended Interest Rate: |
7.5% |
Other Amendments: |
Reducing the minimum required notice period for the redemption of convertible debentures from 40 days to 30 days prior to the date fixed for redemption. |
Trading Symbol: |
RUM.DB.A (New) |
Effective Date: |
April 30, 2016 |
Effective at the opening Monday, May 2, 2016, The convertible debenture/s will commence trading on TSX Venture Exchange under the symbol "RUM.DB.A". The convertible debenture/s was issued pursuant to a prospectus offering of $9,200,000 principal amount convertible debenture/s which was originally announced April 6, 2011.
For further information, please refer to the Company's press releases dated February 3, 2016, March 7, 2016 and April 1, 2016.
________________________________________
VMS VENTURES INC. ("VMS")
BULLETIN TYPE: Plan of Arrangement, Delist
BULLETIN DATE: April 28, 2016
TSX Venture Tier 2 Company
The TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with an arrangement agreement dated January 30, 2016 (the "Arrangement Agreement") entered into between VMS Ventures Inc. ("VMS") and Royal Nickel Corporation ("Royal Nickel"), pursuant to which Royal Nickel agreed to acquire all of the issued and outstanding shares of VMS by way of a statutory plan of arrangement (the "Arrangement"). Under the Arrangement, VMS shareholders received 0.392032 of a share of Royal Nickel for each VMS share held, or $0.064170 in cash per VMS share held, or $0.023942 in cash and 0.245765 of a Royal Nickel share per VMS share held.
The Exchange has been advised that approval of the Arrangement by securityholders of VMS was received at a special meeting of the securityholders held on April 25, 2016 and that approval of the Arrangement was received from the Supreme Court of British Columbia on April 26, 2016. The full particulars of the Arrangement are set forth in VMS' information circular (the "Circular") dated March 22, 2016, which is available under VMS' profile on SEDAR. VMS securityholders should refer to the Circular for a summary of the procedures regarding the exchange of VMS securities for the consideration to which they are entitled under the Arrangement.
The Arrangement became effective on April 27, 2016.
Delisting:
In conjunction with the closing of the Arrangement, the common shares of VMS will be delisted from the Exchange. Accordingly, effective at the close of business, Thursday, April 28, 2016, the common shares of VMS will be delisted.
________________________________________
NEX COMPANIES
NEWTON ENERGY CORPORATION ("NTN.H")
BULLETIN TYPE: Halt
BULLETIN DATE: April 28, 2016
NEX Company
Effective at 5:00 a.m. PST, April 28, 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.
________________________________________
NEWTON ENERGY CORPORATION ("NTN.H")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: April 28, 2016
NEX Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated , trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the business combination pursuant to Listings Policy 5.2
This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange, pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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