VANCOUVER, June 21, 2016 /CNW/ -
TSX VENTURE COMPANIES
ALIX RESOURCES CORP. ("AIX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation in connection with a Purchase Agreement dated June 2, 2016 between 7682654 Canada Inc, Dean Boudrias and Tony Perron (collectively, the "Vendors") and the Company whereby the Company is acquiring an option to purchase a 100% interest in and to the Preissac-Lacorne Lithium Portfolio Mining Claims located in the Abitibi-Temiscamingue Region of Quebec. Consideration is $10,000 and 2,500,000 common shares issuable upon Exchange approval and 2,500,000 common shares upon the 6-month anniversary. The shares will be issued as follows:
Dean Boudrias – 2,500,000 common shares
Tony Perron – 1,000,000 common shares
7682654 Canada Inc. (Anna Rosa Giglio) – 1,500,000 common shares.
An aggregate of 438,460 common shares will be issued as finders' fees as follows:
InvestorIntel Corp. (Tracy Weslosky) – 125,480 common shares upon Exchange approval and 93,750 common shares on the 6-month anniversary
Vector Cantore – 125,480 common shares upon Exchange approval and 93,750 common shares on the 6-month anniversary
________________________________________
ARROWSTAR RESOURCES LTD. ("AWS")
BULLETIN TYPE: Property-Asset or Share Acquisition Agreement, Private Placement-Non-Brokered
BULLETIN DATE: June 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange (the 'Exchange') has accepted for filing an assignment agreement dated March 29, 2016 (the "Agreement") between Arrowstar Resources Ltd. (the "Company") and Performance Acquisitions, LLC ("Performance") under which Performance has assigned its interest in an option agreement with NJB Mining Inc. ("NJB") under which Performance has the option (the "Option") to acquire up to a 100% interest in the Tin Cup and FM (Secret Pass) concessions (together, the "Property") from NJB (the "Transaction").
As consideration for the assignment of the Option, the Company will issue an aggregate of 5,000,000 common shares of the Company to Performance as follows:
- 1,500,000 common shares upon receipt by the Company of Exchange approval of the Transaction.
- 1,000,000 common shares upon completion of Phase 1 exploration requirements.
- 1,000,000 common shares upon completion of Phase 2 exploration requirements.
- 1,500,000 within 14 days of the earlier of the 18-month anniversary of the date of the Agreement, being March 29, 2016 or the approval from the Arizona Bureau of Land Management of the production plan to commence mining and production.
Insider / Pro Group Participation: Nil
For further information please refer to the Company's news release dated April 19, 2016 which is available under the Company's profile on SEDAR.
Private Placement
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 19, 2016:
Number of Shares: |
6,900,000 shares |
|
Purchase Price: |
$0.05 per share |
|
Warrants: |
6,900,000 share purchase warrants to purchase 6,900,000 shares |
|
Warrant Exercise Price: |
$0.085 for a one year period |
|
$0.12 in the second year |
||
Number of Placees: |
31 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Panopus PLC (Phillip Thomas) |
Y |
500,000 |
Aggregate Pro Group |
||
Involvement [2 Placees] |
600,000 |
|
Finder's Fee: |
Haywood Securities will receive a finder's fee of $6,400.00 |
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.
________________________________________
CHILEAN METALS INC. ("CMX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to Property Sale Agreement (the "Agreement") dated December 17, 2015 between shareholders of an arm's length party (collectively, the "Vendors") and Chilean Metals Inc. (the "Company"). Pursuant to the Agreement, the Company shall acquire a 100% interest in the Fox River Project located in the western Cobequid Highlands, Nova Scotia.
In consideration the Company shall issue an aggregate of 6,000,000 shares to the Vendors.
For more information, refer to the Company's news release dated December 22, 2015.
________________________________________
CMC METALS LTD. ("CMB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 2, 2016:
Number of Shares: |
15,500,000 shares |
|
Purchase Price: |
$0.10 per share |
|
Warrants: |
15,500,000 share purchase warrants to purchase 15,500,000 shares |
|
Warrant Exercise Price: |
$0.10 for a two year period |
|
Number of Placees: |
50 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
369 Terminal Holdings Ltd. |
||
(Michael C. Scholz) |
Y |
4,700,000 |
Michael C. Scholz |
Y |
100,000 |
Jatinder Bal |
Y |
532,000 |
John Bossio |
Y |
133,000 |
Aggregate Pro Group |
||
Involvement [3 Placees] |
P |
895,000 |
Finder's Fee: |
$10,400 cash and 104,000 warrants payable to Canaccord Genuity Corp. |
|
$33,600 cash and 336,000 warrants payable to First Republic Capital |
||
Corporation |
||
$4,960 cash and 49,600 warrants payable to Haywood Securities Inc. |
||
$4,000 cash and 40,000 warrants payable to Leede Jones Gable |
||
$13,000 cash and 130,000 warrants payable to Wolverton Securities Ltd. |
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Finder's fee warrants are exercisable at $0.12 per share for two years. |
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.
________________________________________
CORAL GOLD RESOURCES LTD ("CLH")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 21, 2016
TSX Venture Tier 1 Company
Effective at 9:45, PST, June 21, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
DOLLY VARDEN SILVER CORPORATION ("DV")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: June 21, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,500,000 bonus warrants at an exercisable price of $0.30 per share for three years to the following insiders in consideration of $2,000,000 in aggregate of loans advanced to the Company.
Shares |
Warrants |
|
Hecla Canada Ltd. |
1,250,000 |
|
Robert L. Gipson |
1,250,000 |
________________________________________
EMERITA RESOURCES CORP. ("EMO")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Option Agreement dated June 13, 2016 between Emerita Resources Corp. (the "Company") and Falcon Metais Ltda. ("Falcon", Helio Diniz), whereby the Company has an option to acquire the Falcon Litio MG Project in Minas Gerais State, Brazil. In consideration, the Company will issue a total of 1,500,000 shares (1,000,000 shares in the first year) to Falcon over a two-year period.
________________________________________
GIYANI GOLD CORP. ("WDG")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 21, 2016
TSX Venture Tier 2 Company
Further to the Exchange bulletin dated October 13, 2015, effective at the open on Wednesday, June 22, 2016, the shares of the Company will resume trading, an announcement having been made on March 31, 2016.
________________________________________
GOLDBANK MINING CORPORATION ("GLB")
BULLETIN TYPE: Halt
BULLETIN DATE: June 21, 2016
TSX Venture Tier 2 Company
Effective at 11:04 a.m. PST, June 21, 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.
________________________________________
GOLD RESERVE INC. ("GRZ")
BULLETIN TYPE: Halt
BULLETIN DATE: June 21, 2016
TSX Venture Tier 2 Company
Effective at 6:47 a.m. PST, June 21, 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.
________________________________________
INTERNATIONAL SAMUEL EXPLORATION CORP ("ISS")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 21, 2016
TSX Venture Tier 2 Company
Effective at open of trading, Wednesday June 22, 2016 shares of the Company resumed trading, an announcement having been made.
________________________________________
INCA ONE GOLD CORP. ("IO")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 52,092 shares at a deemed price of $0.15, in consideration of certain services provided to the company pursuant to an agreement dated May 19, 2015. The shares are issuable in respect of services provided from February 19, 2016 to May 18, 2016.
The Company shall issue a news release when the shares are issued.
________________________________________
INTIGOLD MINES LTD. ("IGD")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: June 21, 2016
TSX Venture Tier 2 Company
Further to TSX Venture Exchange bulletin dated June 14, 2016, trading in the shares of the Company will remain halted. The Company has failed to have a minimum of three directors as required by Exchange Policy 3.1.
________________________________________
MARKSMEN ENERGY INC ("MAH")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 21, 2016
TSX Venture Tier 2 Company
Effective at 11:30 a.m. PST, June 21, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
METANOR RESOURCES INC. ("MTO")
BULLETIN TYPE: Halt
BULLETIN DATE: June 21, 2016
TSX Venture Tier 1 Company
Effective at 11:17 a.m. PST, June 21, 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.
________________________________________
NATAN RESOURCES LTD. ("NRL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 20, 2016:
Number of Shares: |
11,536,800 shares |
|
Purchase Price: |
$0.05 per share |
|
Number of Placees: |
19 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Carl Desjardins |
Y |
1,520,000 |
Jean-Francois Meilleur |
Y |
1,520,000 |
Karl Mansour |
Y |
1,520,000 |
Peter Cunningham |
Y |
1,550,000 |
2411763 Ontario Inc. |
||
(Johnathan Dewdney) |
Y |
1,550,000 |
Brendan Purdy |
Y |
300,000 |
Finder's Fee: |
PI Financial Corp. $3,000 cash and 60,000 shares payable. |
|
Foster & Associates Financial Services Inc. $3,000 cash and 60,000 |
||
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.
________________________________________
ONEROOF ENERGY GROUP, INC. ("ON")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: June 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 20, 2016:
Convertible Debenture: |
US$20,000,000 |
|
Conversion Price: |
Convertible into shares at CDN$0.055 of principal outstanding per share |
|
for the first year and CDN$0.10 thereafter until maturity |
||
Maturity Date: |
Forty-three months from closing |
|
Interest Rate: |
10% |
|
Number of Placees: |
1 Placee |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
Amount |
Black Coral Capital, LLC |
Y |
US$20,000,000 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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.
________________________________________
PARA RESOURCES INC ("PBR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing:
- Share and Loan Purchase Agreement (the "Martin Agreement") dated March 7, 2016, between the Para Resources Inc. (the "Company") and James Randall Martin ("Martin"), whereby the Company will acquire 875 shares ("Martin CML Shares") of Columbia Milling Limited ("CML"), be assigned US$875,000 of loans owed by CML to Martin (the "Martin Loans") in consideration of 13,213,340 units @ $0.09 (the "Unit"), with each Unit consisting of one common share and one share purchase warrant (the "Warrant"), each Warrant entitling the holder to purchase one share @ $0.20 for 18 months. AND
- Share and Loan Purchase Agreement (the "SAEF Agreement") dated Feb 11, 2016, between the Company and SAEF Exploration Inc. ("SAEF"), whereby the Company will, acquire 420 shares ("SAEF CML Shares") of Columbia Milling Limited ("CML"), be assigned US$420,394.47 of loans owed by CML to SAEF(the "SAEF Loans") in consideration of US$250,000 cash and a promissory note in the amount of US$170,000 (the "SAEF Note"). The SAEF Note is payable six months from issue & accrues interest @7% per annum. SAEF CML Shares will be held in escrow until the SAEF Note is repaid.
As a result of these transactions the Company will hold 100% of Columbia Milling Limited which owns approximately 70% of Four Points Mining S.A. ("Four Points") which owns the El Limon Mine, located in Antioquia, Colombia
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
James Randall Martin |
Y |
13,213,340 |
Further information on the transactions is available on the Company's SEDAR profile in news releases dated January 13, April 25, May 3, May 24, and June 21, 2016
________________________________________
PETRO RIO S.A. ("PRJ")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: June 21, 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 June 7, 2016 it may repurchase for cancellation, up to 400,697 Global Depositary Shares ("GDSs") in its own capital stock, representing 5% of the issued and outstanding GDSs, during the period June 21, 2016 to June 21, 2017. Purchases pursuant to the bid will be made by BTG Pactual US Capital, LLC on behalf of the Company.
________________________________________
SARAMA RESOURCES LTD. ("SWA")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation pertaining to a Heads of Agreement dated May 23, 2016 between Sarama Resources Ltd. (the 'Company') and Orezone Gold Corporation pursuant to which the Company can acquire a 100% interest in the Bondi Gold Deposit located in south-western Burkina Faso. In consideration, the Company will issued 9,600,000 shares, 3,000,000 warrants exercisable at $0.195 per share for a 24 month period, and 2,000,000 warrants exercisable $0.24 per share for a 36 month period.
All warrants have an acceleration provision such that if the closing price of the Company's shares is $0.39 or greater in the case of the two year warrants, or $0.48 or greater in the case of the three year warrants, for 15 consecutive trading days, then the Company will give notice that the expiry date of such warrants will be accelerated to 30 days following the notice.
________________________________________
SATORI RESOURCES INC. ("BUD")
BULLETIN TYPE: Private Placement–Non-Brokered
BULLETIN DATE: June 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 29, 2016 and May 11, 2016:
Number of Shares: |
1,833,333 flow-through shares and |
|
3,000,000 non flow-through shares |
||
Purchase Price: |
$0.06 per flow-through share |
|
$0.05 per non flow-through share |
||
Warrants: |
3,000,000 share purchase warrants to purchase 3,000,000 shares |
|
Warrant Exercise Price: |
$0.065 for a five year period |
|
Number of Placees: |
13 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Shanda Kilborn |
Y |
50,000 |
Jennifer Boyle |
Y |
183,333 |
Aggregate Pro Group |
||
Involvement [3 Placees] |
P |
1,600,000 |
Finder's Fee: |
An aggregate of $1,500 in cash and 270,000 finders' warrants payable |
|
to Mackie Research Capital Corp. and Richardson GMP Ltd. Each |
||
finder's warrant entitles the holder to acquire one unit at $0.05 for a |
||
three year period. Each unit consists of one common share and one |
||
common share purchase warrant, exercisable at $0.065 for a three |
||
year period. |
For further details, please refer to the Company's news release dated June 17, 2016.
________________________________________
SNIPGOLD CORP. ("SGG")
BULLETIN TYPE: Plan of Arrangement, Delist
BULLETIN DATE: June 21, 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 April 18, 2016 (the "Arrangement Agreement") entered into between SnipGold Corp. ("SnipGold") and Seabridge Gold Inc. ("Seabridge"), pursuant to which Seabridge agreed to acquire all of the issued and outstanding shares of SnipGold by way of a statutory plan of arrangement (the "Arrangement"). Under the Arrangement, SnipGold shareholders received 1/63rd of a share of Seabridge for each SnipGold share held.
The Exchange has been advised that approval of the Arrangement by shareholders of SnipGold was received at an annual general and special meeting of shareholders held on June 15, 2016 and that approval of the Arrangement was received from the Supreme Court of British Columbia on June 17, 2016. The full particulars of the Arrangement are set forth in SnipGold's information circular (the "Circular") dated May 9, 2016, which is available under SnipGold's profile on SEDAR. SnipGold securityholders should refer to the Circular for a summary of the procedures regarding the exchange of SnipGold securities for the consideration to which they are entitled under the Arrangement.
The Arrangement became effective on June 21, 2016.
Delisting:
In conjunction with the closing of the Arrangement, the common shares of SnipGold will be delisted from the Exchange. Accordingly, effective at the close of business, Tuesday, June 21, 2016, the common shares of SnipGold will be delisted.
________________________________________
SONORO ENERGY LTD. ("SNV")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") accepts for filing documentation pursuant to a Share Purchase Agreement, (the "Agreement") between the Company and Stockbridge Oil and Gas Ltd ("Stockbridge"), and the Shareholders of Stockbridge Oil and Gas ltd. ("Stockbridge Shareholders").
Pursuant to the terms of the Agreement, the Company will acquire all of the issued and outstanding shares of Stockbridge, in exchange for issuing an aggregate of 250,000,000 common shares in the capital of the Company to the Stockbridge Shareholders.
Pursuant to the Agreement, the issuer will acquire all of the issued and outstanding shares of Stockbridge, including the subsidiaries and the assets held by such subsidiaries. The Company, as part of the Agreement, will indirectly acquire the Budong Budong PSC, which allows the holder to explore for and produce oil and gas in the 1,094 km2 area that lies across the Makassar Straight and to the south and east of Kalimantan in the Province of Sulawesi, Indonesia.
For further information, see the company's press release.
________________________________________
SONORO ENERGY LTD. ("SNV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 8, 2016:
Number of Shares: |
241,731,400 Common Shares |
|
Purchase Price: |
$0.005 per Share |
|
Warrants: |
None |
|
Warrant Exercise Price: |
None |
|
Number of Placees: |
15 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Darren Moulds |
Y |
16,200,000 |
William J. Marpe |
Y |
45,243,800 |
Mercia Investments Ltd |
||
(Chris Atkinson) |
Y |
24,121,900 |
Finder's Fee: |
PI Financial Corp.– Cash payment of $3000 |
________________________________________
SONORO ENERGY LTD. ("SNV")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange accepts for filing documentation pursuant to a Option Agreement, (the "Agreement") between the Company, Transition Resources ("Transition"), and Merdeka Energy Holdings Ltd. ("Merdeka").
Pursuant to the terms of the Agreement, Transition and Merdeka will grant the Issuer an option (the "Option") to acquire the benefit of a future contingent payment from ConocoPhillips Petroleum Holdings B.V. ("ConocoPhillips") of US$15,000,000 (the "Benefit Payment") in exchange for the payment by the issuer of a C$250,000 fee, to be satisfied through the issuance of 25,000,000 common shares in the capital of the issuer to the shareholders of Transition and Merdeka.
The Benefit Payment will be paid to the Issuer if ConocoPhillips receives approval from the Indonesian Government for a Plan of Development for the Kualakurun PSC, pursuant to a purchase and sale agreement between ConocoPhillips, Transition and Merdeka.
The Issuer may exercise the option until September 30, 2016, at an exercise price of US$1,000,000 in cash, less the value of the Share fee
For further information, see the company's press release.
________________________________________
TOMAGOLD CORPORATION ("LOT")
BULLETIN TYPE: Halt
BULLETIN DATE: June 21, 2016
TSX Venture Tier 2 Company
Effective at 10:44 a.m. PST, June 21, 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.
________________________________________
TUDOR GOLD CORP. ("TUD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 21F, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to an option agreement dated June 1, 2016 between the Company and Teuton Resources Corp. whereby the Company is acquiring a 100% interest in eight mineral claims, commonly known as the Orion property, located in the Skeena Mining Division, British Columbia in consideration of $450,000 and 700,000 common shares.
________________________________________
NEX COMPANIES
FITCH STREET CAPITAL CORP. ("FSC.H")
BULLETIN TYPE: Consolidation
BULLETIN DATE: June 21, 2016
NEX Company
Pursuant to a resolution passed by the directors on May 18, 2016, the Company has consolidated its capital on a 4 old for 1 new basis. The name of the Company has not been changed.
Effective at the opening Wednesday, June 22, 2016, the common shares of Fitch Street Capital Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Capital Pool Company' company.
Post - Consolidation |
||
Capitalization: |
unlimited |
shares with no par value of which |
1,323,083 |
shares are issued and outstanding |
|
Escrow |
533,333 |
shares are subject to escrow |
Transfer Agent: |
Computershare Trust Company of Canada |
|
Trading Symbol: |
FSC.H |
(UNCHANGED) |
CUSIP Number: |
338132202 |
(new) |
________________________________________
VALPARAISO ENERGY INC. ("VPO.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 21, 2016
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a private placement announced May 3, 2016:
Number of Shares: |
3,370,000 shares |
Purchase Price: |
$0.05 per share |
Warrants: |
3,370,000 share purchase warrants to purchase 3,370,000 shares |
Warrant Exercise Price: |
$0.15 for a one year period |
Number of Placees: |
10 Placees |
Finder's Fee: |
Units equal to 10% of the number of securities issued is payable to Mackie Research Capital Corporation. The units are exercisable at $0.05 per unit for 12 months. Each unit consists of one common share and one share purchase warrant exercisable at $0.15 per share for a period of 12 months |
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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