VANCOUVER, July 4, 2016 /CNW/ -
TSX VENTURE COMPANIES
ALLIANCEPHARMA INC. ("APA")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 4, 2016
TSX Venture Tier 2 Company
Effective at 6:30 a.m. PST, July 4, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
ASIAN TELEVISION NETWORK INTERNATIONAL LTD. ("SAT")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: July 4, 2016
TSX Venture Tier 2 Company
The Issuer has declared the following dividend(s):
| Dividend per Common Share: |
$0.02 |
| Payable Date: |
July 29, 2016 |
| Record Date: |
July 15, 2016 |
| Ex-dividend Date: |
July 13, 2016 |
________________________________________
AVRUPA MINERALS LTD. ("AVU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 4, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Jun 22, 2016:
| Number of Shares: |
13,547,000 shares |
|
| Purchase Price: |
$0.10 per share |
|
| Warrants: |
13,547,000 share purchase warrants to purchase 13,547,000 shares |
|
| Warrant Initial Exercise Price: |
$0.15 |
|
| Warrant Term to Expiry: |
3 Years |
|
| Number of Placees: |
33 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
Pro-Group=P |
# of Shares |
| Paul W. Kuhn |
Y |
92,000 |
| Aggregate Pro-Group |
||
| Involvement [4 Placees] |
P |
525,000 |
| Finder's Fee: |
||
| Haywood Securities Inc. |
$1,375.00 cash; 13,750 warrants; Each finder's warrant is exercisable into |
|
| one unit. Each unit consists of one share and one warrant exercisable at |
||
| $0.15 for 36 months. |
||
| Mackie Research |
||
| Capital Corporation |
$1,000.00 cash; 10,000 warrants; Each finder's warrant is exercisable into |
|
| one unit. Each unit consists of one share and one warrant exercisable at |
||
| $0.15 for 36 months. |
||
| Redplug Capital Corp. |
||
| (Otis Brandon Munday) |
$13,750.00 cash; 137,500 warrants; Each finder's warrant is exercisable |
|
| into one unit. Each unit consists of one share and one warrant exercisable |
||
| at $0.15 for 36 months. |
||
| Gerhard Merkel |
250,000 warrants; Each finder's warrant is exercisable into one unit. Each |
|
| unit consists of one share and one warrant exercisable at $0.15 for 36 months. |
||
| Finder Warrant Initial Exercise Price: |
$0.10 |
|
| Finder Warrant Term to Expiry: |
36 months |
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.
________________________________________
CANEX ENERGY CORP. ("CSC")
BULLETIN TYPE: Halt
BULLETIN DATE: July 4, 2016
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, July 4, 2016, trading in the shares of the Company was halted for failure to maintain exchange requirements. 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.
________________________________________
CANEX ENERGY CORP. ("CSC")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 4, 2016
TSX Venture Tier 2 Company
Effective at 9:30 a.m. PST, July 4, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
CYPRESS DEVELOPMENT CORP. ("CYP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 4, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 25, 2016:
| Number of Shares: |
903,833 shares |
| Purchase Price: |
$0.12 per share |
| Warrants: |
903,833 share purchase warrants to purchase 903,833 shares |
| Warrant Initial Exercise Price: |
$0.15 |
| Warrant Term to Expiry: |
1 Year |
| Number of Placees: |
16 Placees |
| Finder's Fee: |
|
| Leede Jones Gable |
$110.00 cash; 13,000 warrants |
| Finder Warrant Initial Exercise Price: |
$0.15 |
| Finder Warrant Term to Expiry: |
1 year term |
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.
________________________________________
EGUANA TECHNOLOGIES INC. ("EGT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 4, 2016
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, July 4, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
INDEPENDENCE GOLD CORP. ("IGO")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 4, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing a property earn-in and joint venture agreement dated June 30, 2016 (the 'Agreement') between the Company and Taku Gold Corporation (the 'Optionor'). Pursuant to the terms of the Agreement, the Company may acquire a 75% interest in the Rosebute Property (the 'Property'). By way of consideration, the Company will make cash payments totalling $295,000 and will issue 1,000,000 shares to the Optionor at a deemed price of $0.16 per share. The Company must also incur $2,000,000 of exploration expenditures on the Property. To earn the additional 25% interest in the property, the Company will pay an additional $500,000 in cash and issue an additional 1,000,000 shares to the Optionor. The Property is subject to a 1% NSR in favour of the Optionor, of which the Company may repurchase 0.5% for $500,000. The Property is also subject to an existing 2% NSR, of which 1% may be repurchased for $2,000,000.
Please refer to the Company's news release dated May 17, 2016 for further details.
________________________________________
FORTUNE BAY CORP. ("FOR")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: July 4, 2016
TSX Venture Tier 2 Company
Effective at the opening, Tuesday, July 5, 2016, the common shares of the Company will commence trading on the TSX Venture Exchange.
kneat.com, inc. (formerly, Fortune Bay Corp.) ("kneat.com") (TSX:FOR) (the "Company") completed its previously announced transaction that resulted in two new TSX Venture issuers:
- The Company spun-out its resource properties by way of a court-approved plan of arrangement in Ontario to Fortune Bay Corp. (formerly, 9617337 Canada Limited) ("Fortune Bay"); and
- Acquired 100% of Kneat Solutions Limited by way of scheme of arrangement in Ireland.
kneat.com's shareholders received one (1) new common share of kneat.com and one and one-half (1.5) new common shares of the spun-out company, Fortune Bay, in exchange for three (3) common shares of kneat.com currently held.
kneat.com's common share purchase warrant holders received one (1) new common share purchase warrant of kneat.com (resulting in 267,857 kneat.com common share purchase warrants at an exercise price of $0.90) and one and one-half (1.5) common share purchase warrants of the spun-out company, Fortune Bay (resulting in 401,786 new common share purchase warrants Fortune Bay exercisable at $0.60) in exchange for three (3) common share purchase warrants of kneat.com currently held.
kneat.com's issued and outstanding stock options were consolidated on a three to one basis (3:1), resulting in a total of 666,667 kneat.com stock options outstanding at an average exercise price of $0.90.
The resulting issuer is classified as a "Gold Ore Mining" issuer (NAICS Number: 212221).
For further information, please refer to the Management Information Circular of kneat.com dated May 13, 2016 available on SEDAR, the Listing Application dated May 13, 2016 available on SEDAR and kneat.com's June 28th, 2016 press release announcing the closing of the transactions.
| Corporate Jurisdiction: |
Ontario |
|
| Capitalization: |
Unlimited |
common shares with no par value of which |
| 18,578,200 |
common shares are issued and outstanding |
|
| Escrowed Securities: |
0 |
common shares |
| Transfer Agent: |
Computershare Investor Services |
|
| Trading Symbol: |
FOR |
|
| CUSIP Number: |
34964F109 |
|
| For further information, please consult the Company's profile at www.sedar.com. |
||
| Company Contact: |
Sarah Oliver, CFO |
|
| Company Address: |
2001-1969 Upper Water Street, Halifax, NS, B3J 3R7 |
|
| Company Phone Number: |
902-442-7185 |
|
| Company Email Address: |
||
| Company Website: |
||
_________________________________________
KNEAT.COM INC. ("KSI")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: July 4, 2016
TSX Venture Tier 1 Company
Effective at the opening, Tuesday, July 5, 2016, the common shares of the Company will commence trading on the TSX Venture Exchange.
kneat.com, inc. (formerly, Fortune Bay Corp.) ("kneat.com") (TSX:FOR) (the "Company") completed its previously announced transaction that resulted in two new TSX Venture issuers:
- The Company spun-out its resource properties by way of a court-approved plan of arrangement in Ontario to Fortune Bay Corp. (formerly, 9617337 Canada Limited) ("Fortune Bay"); and
- Acquired 100% of Kneat Solutions Limited by way of scheme of arrangement in Ireland.
The Company's shareholders received one (1) new common share of kneat.com and one and one-half (1.5) new common shares of the spun-out company, Fortune Bay, in exchange for three (3) common shares of the Company currently held.
The Company's common share purchase warrant holders received one (1) new common share purchase warrant of kneat.com (resulting in 267,857 kneat.com common share purchase warrants at an exercise price of $0.90) and one and one-half (1.5) common share purchase warrants of the spun-out company, Fortune Bay (resulting in 401,786 new common share purchase warrants of Fortune Bay exercisable at $0.60) in exchange for three (3) common share purchase warrants of the Company currently held.
The Company's issued and outstanding stock options were consolidated on a three to one basis (3:1), resulting in a total of 666,667 kneat.com stock options issued and outstanding at an average exercise price of $0.90.
As a result of the transaction, a total of 17,048,720 kneat.com common shares and 238,095 kneat.com common share purchase warrants are escrowed pursuant to an Exchange Tier 1 Surplus escrow.
The resulting issuer is classified as a "Custom Computer Programming Services" issuer (NAICS Number: 541511).
For further information, please refer to the Company's Management Information Circular dated May 13, 2016 available on SEDAR and kneat.com's June 28th, 2016 press release announcing the closing of the transaction.
| Corporate Jurisdiction: |
Ontario |
|
| Capitalization: |
Unlimited |
common shares with no par value of which |
| 39,563,684 |
common shares are issued and outstanding |
|
| Escrowed Securities: |
17,048,720 |
common shares |
| Transfer Agent: |
Computershare Investor Services |
|
| Trading Symbol: |
KSI |
|
| CUSIP Number: |
498824101 |
|
| For further information, please consult the Company's profile at www.sedar.com. |
||
| Company Contact: |
Sarah Oliver, CFO |
|
| Company Address: |
2001-1969 Upper Water Street, Halifax, NS, B3J 3R7 |
|
| Company Phone Number: |
902-442-7185 |
|
| Company Email Address: |
||
| Company Website: |
||
_________________________________________
MANERA CAPITAL CORP. ("MEA.P")
BULLETIN TYPE: Halt
BULLETIN DATE: July 4, 2016
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, July 4, 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.
________________________________________
MANERA CAPITAL CORP. ("MEA.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: July 4, 2016
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated July 4, 2016, trading in the shares of the Company will remain pending receipt and review of acceptable documentation regarding the Qualifying Transaction pursuant to Listings Policy 2.4.
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.
________________________________________
MX GOLD CORP. ("MXL")
BULLETIN TYPE: Private Placement-Non-Brokered, Correction
BULLETIN DATE: June 30, 2016
TSX Venture Tier 2 Company
Further to the bulletin dated June 30, 2016, the symbol should have read "MXL".
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 27, 2016 and June 3, 2016:
| Number of Shares: |
33,333,333 shares |
|
| Purchase Price: |
$0.12 per share |
|
| Warrants: |
33,333,333 share purchase warrants to purchase 33,333,333 shares |
|
| Warrant Exercise Price: |
$0.20 for a four year period |
|
| Number of Placees: |
80 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Akash Patel |
Y |
133,333 |
| Aggregate Pro Group |
||
| Involvement [13 Placees] |
P |
11,866,664 |
| Finder's Fee: |
Mackie Research Capital Corporation $7,662.50 cash payable. |
|
| PI Financial Corp. $11,498.98 cash payable. |
||
| Leede Jones Gable Inc. $1,800 cash payable. |
||
| Canaccord Genuity Corp. $7,100 cash payable. |
||
| Haywood Securities Inc. $2,800 cash 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. [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.]
________________________________________
NEMASKA LITHIUM INC. ("NMX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 4, 2016
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, July 4, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
NORTHERN FRONTIER CORP. ("FFF")
BULLETIN TYPE: Halt
BULLETIN DATE: July 4, 2016
TSX Venture Tier 1 Company
Effective at 5:48 a.m. PST, July 4, 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.
________________________________________
NORTHERN VERTEX MINING CORP. ("NEE")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: July 4, 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: |
7,521,049 |
| Original Expiry Date of Warrants: |
5,521,049 July 3, 2016 and 2,000,000 July 11, 2016 |
| New Expiry Date of Warrants: |
5,521,049 July 3, 2017 and 2,000,000 July 11, 2017 |
| Exercise Price of Warrants: |
$0.50 |
These warrants were issued pursuant to a private placement of 15,042,098 shares with 7,521,049 share purchase warrants attached, which was accepted for filing by the Exchange effective July 28, 2014.
________________________________________
OPAWICA EXPLORATIONS INC. ("OPW")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 4, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 13, 2016:
| Number of Shares: |
6,416,850 Flow-through shares |
|
| 5,583,150 Non Flow-through shares |
||
| Purchase Price: |
$ 0.05 per share |
|
| Warrants: |
12,000,000 share purchase warrants to purchase 12,000,000 shares |
|
| Warrant Exercise Price: |
$0.06 for a five year period |
|
| Number of Placees: |
33 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Paul Antoniazzi |
Y |
100,000 |
| Edmond Hatoum |
Y |
20,000 |
| Fred Kiernicki |
Y |
100,000 |
| Mark Lofthouse |
Y |
20,000 |
| Sandra Wong |
Y |
100,000 |
| Aggregate Pro Group |
||
| Involvement [2 Placees] |
P |
240,000 |
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.
________________________________________
POINT LOMA RESOURCES LTD. ("PLX")
[formerly First Mountain Exploration Inc. ("FMX")]
BULLETIN TYPE: Resume Trading, Reverse Takeover-Completed, Private Placement-Non-Brokered, Name Change, Consolidation
BULLETIN DATE: July 4, 2016
TSX Venture Tier 2 Company
The common shares of First Mountain Exploration Inc. (the "Company" or "First Mountain") have been halted from trading since February 9, 2016, pending completion of a Reverse Takeover ('RTO').
Reverse Takeover-Completed
The TSX Venture Exchange has accepted for filing the Company's RTO, which includes the following transactions:
The RTO consists of the arm's length acquisition (the "Point Loma Acquisition") of all the shares of Point Loma Energy Ltd. ("Point Loma"), a private oil and gas company, following its acquisition (the "Madalena Acquisition") of certain oil and gas assets from Madalena Energy Inc. ("Madalena"), a Tier 2 Exchange listed oil and gas issuer, for aggregate deemed consideration of approximately $10.2 million, as detailed below.
The Madalena Acquisition will be completed pursuant to a purchase and sale agreement between Point Loma and Madalena dated May 16, 2016, whereby Point Loma will acquire Madalena's non-core Canadian oil and gas assets (the "Madalena Assets") for aggregate deemed consideration of about $5.5 million, consisting of:
| (i) |
14,522,823 common shares of Point Loma (each, a "Point Loma Share"), which will be exchanged, pursuant to the Offer (defined below), for 6,244,814 post-Consolidation (as hereafter defined) common shares of First Mountain (each a "First Mountain Share") @ $0.40 per share ($2,497,925.60); and |
| (ii) |
a $3 million principal amount 3% subordinate secured convertible debenture due 5 years from closing of the Madalena Acquisition and convertible into post-Consolidation First Mountain Shares @ $0.50 per share (the "Convertible Debenture"). Interest on the Convertible Debenture will accrue but not be due until maturity. |
The RTO will be completed pursuant to a pre-acquisition agreement entered into between the Company and Point Loma dated May 16, 2016 (the "Agreement"), whereby First Mountain will make an offer to purchase (the "Offer") all the outstanding Point Loma Shares (including Point Loma Shares issuable pursuant to the Madalena Acquisition and the subscription receipt financing) on the basis of 0.43 post-Consolidation First Mountain Shares for each Point Loma Share (the "Exchange Ratio"), such that an aggregate of 18,121,979 post-Consolidation First Mountain Shares will be issued @ $0.40 per share ($7,248,791.60) (exclusive of the $3 million Convertible Debenture), as follows:
| (a) |
8,629,987 First Mountain Shares will be issued to existing holders of Point Loma Shares, |
| (b) |
6,244,814 First Mountain Shares will be issued to Madalena as partial consideration for the Madalena Acquisition, and |
| (c) |
3,247,178 First Mountain Shares will be issued to holders of subscription receipts, issued in connection with the subscription receipt financing. |
The Exchange has been advised that the above transactions have been completed.
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Terry Meek |
Y |
1,825,813 |
| Kevin Angus |
Y |
476,593 |
| Don Brown |
Y |
300,000 |
| Doug Dafoe |
Y |
115,690 |
| Scott Alanen |
Y |
91,243 |
| Dan Boyko |
Y |
208,608 |
| Brad Johnston |
Y |
77,009 |
| Madalena Energy Inc. |
Y |
6,244,814 |
Private Placement-Non-Brokered
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on February 9, 2016:
| Number of Shares: |
4,887,530 Point Loma Subscription Receipts |
| 2,664,046 Point Loma flow-through Subscription Receipts |
|
| Each Point Loma Subscription Receipt and Point Loma flow-through Subscription Receipt will be exchanged for one Point Loma Share, resulting in the issuance of an aggregate of 7,551,576 Point Loma Shares. In accordance with the Exchange Ratio under the Offer, holders of these Point Loma Shares will be issued an aggregate of 3,247,178 First Mountain Shares. |
|
| Purchase Price: |
$0.17 per Point Loma Subscription Receipt |
| $0.21 per Point Loma flow-through Subscription Receipt |
|
| Number of Placees: |
16 Placees of Point Loma Subscription Receipts |
| 10 Placees of Point Loma flow-through Subscription Receipts |
|
| Finder's Fee: |
$11,360 cash and 28,734 Finders' Warrants payable to Haywood Securities Inc. and Richardson GMP Limited. Each Finders' Warrant entitles the holder to acquire one First Mountain Share at $0.40 per share for a period of 18 months from closing of the subscription receipt financing. |
Name Change
Pursuant to a resolution passed by shareholders on May 27, 2016, the Company has consolidated its capital on a 10:1 basis. The Company has also changed its name to Point Loma Resources Ltd.
Effective at the opening on Tuesday, July 5, 2016, the common shares of Point Loma Resources Ltd. ("PLX") will commence trading on TSX Venture Exchange, and the common shares of First Mountain Exploration Inc. ("FMX") will be delisted. The Company is classified as an 'Oil and Gas' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 21,306,040 |
shares are issued and outstanding |
|
| Escrow: |
8,847,220 |
shares are subject to a Tier 2 Value Security |
| Escrow Agreement in connection with the RTO |
||
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
PLX |
(new) |
| CUSIP Number: |
32105P 20 0 |
(new) |
| Company Contact: |
Terry Meek, President and CEO |
|
| Company Address: |
500, 633 – 6th Avenue S.W., Calgary, AB T2P 2Y5 |
|
| Company Phone Number: |
403-705-5051 ext. 101 |
|
| Company Email Address: |
||
________________________________________
QUINSAM OPPORTUNITIES I INC. ("QOP.P")
BULLETIN TYPE: Halt
BULLETIN DATE: July 4, 2016
TSX Venture Tier 2 Company
Effective at 6:13 a.m. PST, July 4, 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.
________________________________________
QUINSAM OPPORTUNITIES I INC. ("QOP.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: July 4, 2016
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated July 4, 2016, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Qualifying Transaction pursuant to Listings Policy 2.4.
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.
________________________________________
ROCKHAVEN RESOURCES LTD. ("RK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 4, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the second tranche of a Non-Brokered Private Placement announced May 18, 2016:
| Number of Shares: |
2,755,000 flow through shares and 1,031,000 non-flow through shares |
|
| Purchase Price: |
$0.20 per flow through share and $0.17 per non-flow through share |
|
| Warrants: |
1,893,000 share purchase warrants to purchase 1,893,000 shares, subject |
|
| to an accelerated expiry provision in the event the Company's shares is |
||
| equal to or greater than $0.35 for a period of 10 consecutive trading days. |
||
| Warrant Exercise Price: |
$0.25 for an eighteen month period |
|
| Number of Placees: |
46 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aggregate Pro Group |
||
| Involvement [10 Placees] |
P |
716,250FT; 150,000NFT |
| Finder's Fee: |
Haywood Securities Inc. - $4,340.00 and 22,750 Broker Warrants that are |
|
| exercisable into common shares at $0.25 per share for an 18 month period |
||
| and subject to the accelerated exercise provision. |
||
| Canaccord Genuity Corp. - $15,527.40 and 83,895 Broker Warrants that |
||
| are exercisable into common shares at $0.25 per share for an 18 month |
||
| period and subject to the accelerated exercise provision. |
||
| Raymond James Ltd. - $8,750.00 and 43,750 Broker Warrants that are |
||
| exercisable into common shares at $0.25 per share for an 18 month |
||
| period and subject to the accelerated exercise provision. |
||
| Odlum Brown Limited - $7,210.00 and 36,050 Broker Warrants that are |
||
| exercisable into common shares at $0.25 per share for an 18 month |
||
| period and subject to the accelerated exercise provision. |
||
| TD Wealth - $700.00 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company 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.
________________________________________
URBAN COMMUNICATIONS INC. ("UBN")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: July 4, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 250,000 bonus warrants to GC Capital Inc. in consideration of a $500,000 revenue sharing investment. Each bonus warrant is exercisable for one share at a price of $0.20 per share for a three year period.
________________________________________
NEX COMPANIES
PRIZE MINING CORPORATION ("PRZ.H")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 4, 2016
TSX Venture NEX Company
Effective at opening, Tuesday July 5, 2016, shares of the Company resumed trading, an announcement having been made.
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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