TSX Venture Exchange Daily Bulletins

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TSX Venture Exchange

May 05, 2016, 18:15 ET

VANCOUVER, May 5, 2016 /CNW/ -

TSX VENTURE COMPANIES

BULLETIN TYPE:  Cease Trade Order
BULLETIN DATE:  May 5, 2016
TSX Venture Companies

A  Cease Trade Order has been issued by the Ontario Securities Commission on May 5, 2016 against the following companies for failing to file the documents indicated within the required time period:

Symbol       

Tier       

Company                                       

Failure to File                                                          

Period





Ending





(Y/M/D)

CVR             

2

Canadian Oil Recovery                  

audited annual financial statements                     

2015/12/31


& Remediation Enterprises             

management's discussion and analysis                


Ltd.                                                 

relating to the audited annual financial                





statements                                                            

         .     

certification of the foregoing filings                        



as required by National Instrument                        



52-109 Certification of Disclosure in                     





Issuers' Annual and Interim Filings                        





 EWS            

2

Environmental Waste                     

audited annual financial statements                     

2015/12/31


International Inc.                            

management's discussion and analysis                





relating to the audited annual financial                  



statements                                                            





certification of the foregoing filings as                   





required by National Instrument 52-109                





Certification of Disclosure in Issuers'                     





annual and Interim Filings                                       





LTV              

2

Leonovus Inc.                                

audited annual financial statements                      

2015/12/31



management's discussion and analysis                





relating to the audited annual financial                 





statements                                                            





certification of the foregoing filings as                   





required by National Instrument 52-109                





Certification of Disclosure in Issuers'                     





Annual and Interim Filings                                      





SPP              

2

Spot Coffee (Canada) Ltd.             

audited annual financial statements                      

2015/12/31



management's discussion and analysis                





relating to the audited annual financial                 





statements                                                            





certification of the foregoing filings as                    



required by National Instrument 52-109                





Certification of Disclosure in Issuers'                     





Annual and Interim Filings                                      

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.

________________________________________

ALMO CAPITAL CORP. ("APT")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 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 February 3, 2016 and March 3, 2016:

Number of Shares:                                        

1,000,000 shares



Purchase Price:                                             

$0.075 per share



Warrants:                                                      

1,000,000 share purchase warrants to purchase 1,000,000 shares



Warrant Exercise Price:                                  

$0.15 for a two year period



Number of Placees:                                        

1 Placee



Insider / Pro Group Participation:


Insider=Y /


Name                                                             

ProGroup=P                                                                                          

# of Shares

1062954 B.C. Ltd. (Barry Miller)                     

Y                                                                                                                

1,000,000

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. 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.

________________________________________

ALSET ENERGY CORP. ("ION")
BULLETIN TYPE: Property-Asset or Share Acquisition Agreement
BULLETIN DATE:  May 5, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange (the 'Exchange') has accepted for filing a letter of intent between Alset Energy Corp. ("Alset") and Benton Resources Inc. ("Benton") dated April 21, 2016 (the "Agreement").  Under the Agreement, Alset will acquire from Benton a 100% interest in the Champion Graphite project for a payment of one million common shares of Alset to Benton and subject to a 2% NSR. Alset will have the option to buy back 1% of the NSR for $500,000.

Insider / Pro Group Participation:  Stephen Stares, Michael Stares, Clint Barr and William Harper are directors of Alset and Benton.

For further information please refer to Alset's news release dated April 20, 2016 which is available under Alset's profile on SEDAR.

________________________________________

BAYHORSE SILVER INC. ("BHS")
BULLETIN TYPE:  Shares for Bonuses
BULLETIN DATE:  May 5, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 86,956 bonus shares in consideration of a promissory note in the principal amount of $56,000.  Interest payable is at 12% per annum and the term of the loan is one year to December 31, 2016.

________________________________________

COLIBRI RESOURCE CORPORATION ("CBI")
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 January 27, 2016:

Number of Shares:                     

1,600,000 shares


Purchase Price:                          

$0.05 per share


Warrants:                                    

1,600,000 share purchase warrants to purchase 1,600,000 shares


Warrant Exercise Price:               

$0.075 in the first year



$0.085 in the second year


Number of Placees:                       

5 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.  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.

________________________________________

COREX GOLD CORPORATION ("CGE")
BULLETIN TYPE:  Private Placement-Non-Brokered, Amended
BULLETIN DATE:  July 27, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 11, 2015:

Number of Shares:                         

3,000,000 shares


Purchase Price:                              

$0.05 per share


Warrants:                                       

1,500,000 share purchase warrants to purchase 1,500,000 shares


Warrant Exercise Price:                   

$0.15 for a two year period


Number of Placees:                         

2 Placees


Finder's Fee:                                 

105,000 shares payable to Melvin Herdrick

105,000 shares payable to Robert Toporowski

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.

________________________________________

EMERALD HEALTH THERAPEUTICS INC. ("EMH")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  May 5, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 8,097,651 shares at $0.172 per share to settle outstanding debt for $1,392,796.

Number of Creditors:                           

1 Creditor







Insider / Pro Group Participation:









Insider=Y /   

         Amount

         Deemed Price

Creditor                                             

Progroup=P 

            Owing

                 per Share

        # of Shares





Emerald Health Sciences Inc.              

Y                   

$1,392,796

$0.172

8,097,651

The Company shall issue a news release when the shares are issued and the debt extinguished.

________________________________________

FRONSAC REAL ESTATE INVESTMENT TRUST ("GAZ.UN")
BULLETIN TYPE:  Shares for Services
BULLETIN DATE:  May 5, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 50,000 units at a deemed price of $0.44 per unit, to settle $22,000 debt owed to an officer for services rendered.

Number of Creditors:                         

1 Creditor








Insider = Y /     

      Amount

       Deemed Price

        Number of Shares

Creditor                                           

Pro Group = P 

         Owing

             per Share

         issued to creditor

Jason Parravano                               

Y                       

$22,000

$0.44

50,000

The Company issued a news release dated May 4, 2016 in connection with that transaction.

FIDUCIE DE PLACEMENT IMMOBILIER FRONSAC ("GAZ.UN")
TYPE DE BULLETIN :   Émission d'actions en règlement de services rendus
DATE DU BULLETIN :   Le 5 mai 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 50 000 unités au prix de 0,44 $ l'unité, en paiement de services rendus par un dirigeant totalisant 22 000 $.

Nombre de créanciers :                      

1 créancier








Initié = Y /           

       Prix par

           Nombre d'actions

Créancier                                         

Groupe Pro = P

      Montant dû

         action

       émises au créancier

Jason Parravano                               

Y                         

22 000 $

0,44 $

50 000

La société a émis un communiqué de presse daté du 4 mai 2016 relativement à la transaction.

____________________________________

MAGELLAN MINERALS LTD ("MNM")
BULLETIN TYPE:  Property-Asset or Share Disposition Agreement
BULLETIN DATE:  May 5, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation related to the Debt settlement Agreement (the "Agreement") between Magellan Minerals Ltd (the "Company") and Alan Carter, Dennis Moore ( collective, the "Creditors" and 1065111 B.C. Ltd. ("1065111" ) whereby the Company will transfer 99.99% of the issued & outstanding shares of Magellan Minierais Prospeccao Geologica Ltda ("Magellan Brazil") to 1065111, wholly owned by the Creditors, in full satisfaction of $500,000 of debt. Magellan Brazil is the owner of various mining rights in Brazil. The transaction received shareholder approval at the Annual General meeting of shareholder held December 2, 2015, and a board resolution on April 13, 2016 The transaction has closed May 3, 2016.

Further information on the transaction is available on SEDAR in the Company's Information Circular dated October 28, 2015; and news releases dated Dec 3, 2015 and April 20, 2016.

________________________________________

MEZZI HOLDINGS INC. ("MZI")
BULLETIN TYPE:  Shares for Bonuses
BULLETIN DATE:  May 5, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 333,333 bonus shares in consideration of a Loan Agreement dated April 11, 2016, between two lenders and Mezzi Holdings Inc. ('the Company'), pursuant to which the lenders have provided a loan of $125,000.  The loan has a term of one year with interest of 12% per annum.

Shares 

           Warrants

333,333

                       nil

________________________________________

MINERAL HILL INDUSTRIES LTD ("MHI")
BULLETIN TYPE: Resume Trading, Reviewable Transaction-Announced
BULLETIN DATE: May 5, 2016
TSX Venture Tier 2 Company

Effective at the open, Monday May 9, 2016, trading in the Company's shares will resume.

This resumption of trading does not constitute acceptance of the Reviewable Transaction, and should not be construed as an assurance of the merits of the transaction or the likelihood of completion.  The Company is required to submit all of the required initial documentation relating to the transaction.  IF THIS DOCUMENTATION IS NOT PROVIDED, OR IS INSUFFICIENT, A TRADING HALT MAY BE RE-IMPOSED.

Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange acceptance.  There is a risk that the transaction will not be accepted or that the terms of the transaction may change substantially prior to acceptance.  SHOULD THIS OCCUR, A TRADING HALT MAY BE RE-IMPOSED.

________________________________________

NORDIC OIL AND GAS LTD. ("NOG")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 5, 2016
TSX Venture Tier 2 Company

Effective at 8:20 a.m. PST, May 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.

________________________________________

PROBE METALS INC. ("PRB")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  May 5, 2016
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation pertaining to an Property Sale Agreement (the "Agreement") dated April 28, 2016, between Probe Metals Inc. (the "Company") and three arm's length parties (collectively, the "Vendors"), whereby the Company has acquired a 100% interest in sixty-five (65) unpatented mineral claims (the "Ivanhoe Property"), located in the Timmons Mining camp, Ontario.

Under the terms of the Agreement, the Company will earn a 100% interest in the property by making aggregate cash payments of $234,000, issuing 350,000 common shares and granting two NSR royalties to the Vendors.

For further details, please refer to the Company's news release dated April 29, 2016.

________________________________________

RT MINERALS CORP. ("RTM")
BULLETIN TYPE:  Consolidation
BULLETIN DATE:  May 5, 2016
TSX Venture Tier 2 Company

Pursuant to a special resolution passed by directors on April 22, 2016, the Company has consolidated its capital on a ten (10) old for one (1) new basis.  The name of the Company has not been changed.

Effective at the opening Friday, May 6, 2016, the shares of RT Minerals Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'metals and minerals - mining' company.

Post - Consolidation

Capitalization:                               

unlimited

shares with no par value of which

4,487,624

shares are issued and outstanding

Escrow                                                    

nil

shares are subject to escrow



Transfer Agent:                              

Computershare Investor Services Inc.

Trading Symbol:                             

RTM                

(UNCHANGED)

CUSIP Number:                              

74976W 40 1    

(new)

________________________________________

SUNRIDGE GOLD CORP. ("SGC")("SGC.WT")
BULLETIN TYPE:  Delist
BULLETIN DATE:  May 5, 2016
TSX Venture Tier 2  Company

Effective at the close of business May 13, 2016, the common shares will be delisted from TSX Venture Exchange at the request of the Company.

Effective at the close of business May 13, 2016, the warrants will be delisted from TSX Venture Exchange at the request of the Company.

________________________________________

URANIUM VALLEY MINES LTD. ("VZZ.H")
[formerly Uranium Valley Mines Ltd. ("VZZ")]
BULLETIN TYPE:  Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE:  May 5, 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 Friday, May 6, 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 Montreal to NEX.

As of May 6, 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 VZZ to VZZ.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.

_______________________________________

WESTBRIDGE ENERGY CORPORATION ("WEB")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 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 21, 2016 and April 26, 2016:

Number of Shares:                                        

2,600,000 shares



Purchase Price:                                             

$0.05 per share



Warrants:                                                      

2,600,000 share purchase warrants to purchase 2,600,000 shares



Warrant Exercise Price:                                  

$0.05 for a three year period



Number of Placees:                                       

12 Placees



Insider / Pro Group Participation:


Insider=Y /


Name                                                             

ProGroup=P                                                                                     

# of Shares

Darren Collins                                                

Y                                                                                                                

40,000

Mark Monaghan                                             

Y                                                                                                               

380,000

Scott Kelly                                                      

Y                                                                                                              

200,000

________________________________________

VENDETTA MINING CORP. ("VTT")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 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 3, 2016 and April 18, 2016:

Number of Shares:                                        

50,000,000 shares



Purchase Price:                                             

$0.05 per share



Warrants:                                                      

50,000,000 share purchase warrants to purchase 50,000,000 shares



Warrant Exercise Price:                                  

$0.10 for a two year period



Number of Placees:                                       

86 Placees



Insider / Pro Group Participation:





Insider=Y /


Name                                                             

ProGroup=P                                                                                          

# of Shares

Sheryl Dhillon                                                 

Y                                                                                                                   

150,000

Michael Williams                                             

Y                                                                                                                

1,500,000

Doug Ramshaw                                              

Y                                                                                                                

1,430,000

Elysium Mining Ltd. (Peter Voulgaris)             

Y                                                                                                                

1,140,000

Resource Capital Fund                                  

Y                                                                                                               

12,140,000

Solitario Exploration & Royalty Corp.              

Y                                                                                                                

7,240,000

Cale Moodie                                                   

Y                                                                                                                   

250,000



Finder's Fee:                                                 

$2,880 to Haywood Securities



$10,400 to PI Financial Group

$30,960 to Canaccord Genuity Corp.

$2,400 to Wolverton Securities

$2,800 to Wout Helsmoortel 


________________________________________

NEX COMPANIES

BULLETIN TYPE:  Cease Trade Order
BULLETIN DATE:  May 5, 2016
 NEX Company

A  Cease Trade Order has been issued by the Ontario Securities Commission on May 5, 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)





PDR.H         

NEX        

Pounder Venture         

audited annual financial statements                 

2015/12/31


Capital Corp.               

management's discussion and analysis           





relating to the audited annual financial            





statements                                                        



certification of the foregoing filings                   





as required by National Instrument                    



52-109 Certification of Disclosure in                 





Issuers' Annual and Interim Filings                    

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.

_______________________________________

SOURCE TSX Venture Exchange

Market Information Services at 1-888-873-8392, or email: [email protected]

Organization Profile

TSX Venture Exchange