VANCOUVER, Aug. 30, 2016 /CNW/ -
TSX VENTURE COMPANIES
BEARING RESOURCES LTD. ("BRZ")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: August 30, 2016
TSX Venture Tier 2 Company
The TSX Venture Exchange Inc. (the "Exchange") has accepted documentation in connection with a share purchase agreement dated June 22, 2016 (the "Agreement") among Bearing Resources Ltd. ("Bearing"), Commander Resources Ltd. ("Commander") and BRZ Mex Holdings Ltd. dated June 22, 2016 pursuant to which Bearing has agreed to sell its interest in certain mineral assets located in Canada and Mexico to Commander in exchange for 12 million common shares of Commander and a cash payment of $15,000.
For further information see Bearing's news release dated June 23, 2016 which is available under its profile on SEDAR.
Insider / Pro Group Participation: Robert Cameron is chief executive officer of Bearing and Commander.
________________________________________
DALMAC ENERGY INC. ("DAL")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: August 30, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") accepts for filing documentation pursuant to a Joint Venture Agreement (the "Agreement"), dated November 19, 2015 between the Company and PCS Ltd ("PCS"), a non-arm's length company controlled by Mr. John Babic. As per the terms of the Agreement, PCS purchased the Company's interest in a Peterbilt truck for $256,000, which was then leased by the Company from PCS for a rental rate of $7000 per month, in order to reduce outstanding debt. The Agreement has a four year term and the Company retains a first right on repurchasing the equipment from PCS.
For further information, see the company's press release dated August 30, 2016.
________________________________________
DALMAC ENERGY INC. ("DAL")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: August 30, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") accepts for filing documentation pursuant to a Memorandum of Agreement (the "Agreement"), dated January 3, 2016 between the Company and PCS Ltd ("PCS"), a non-arm's length company controlled by Mr. John Babic. As per the terms of the Agreement, PCS purchased the Company's interest in 141 frac tanks, in exchange for a Dragon Super Heater. Further, as per the terms of the Agreement, the Company will pay rent the equipment for a 3 year term at a rate of $19,337.93 per month for the full use of the equipment, in accordance with the Agreement.
For further information, see the company's press release dated August 30, 2016.
________________________________________
DALMAC ENERGY INC. ("DAL")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: August 30, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") accepts for filing documentation pursuant to a Joint Venture Agreement (the "Agreement"), dated August 11, 2016 between the Company and PCS Ltd ("PCS"), a non-arm's length company controlled by Mr. John Babic. As per the terms of the Agreement, PCS purchased the Company's 50% interest in two trucks, a Wester Star truck and a Kenworth truck, for consideration of $250,000, in order to reduce outstanding debt. Further, as per the terms of the Agreement, the Company will pay a fee of $5000 per month for the term of the contract for the continued use of the trucks, as well as 25% of the Net Income generated by the equipment. The Agreement has a term of four years.
For further information, see the company's press release dated August 30, 2016.
________________________________________
GLOBAL DAILY FANTASY SPORTS INC ("DFS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Aug 30, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Jul 08, 2016:
Number of Shares: |
15,000,000 shares |
|
Purchase Price: |
$0.40 per share |
|
Warrants: |
7,500,000 share purchase warrants to purchase 7,500,000 shares |
|
Warrant Initial Exercise Price: |
$0.75 |
|
Warrant Term to Expiry: |
2 Years |
|
Number of Placees: |
106 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
Pro-Group=P |
# of Shares |
MICHELE MARRANDINO |
Y |
62,500 |
Aggregate Pro-Group |
||
Involvement [10 Placees] |
P |
1,574,250 |
Finder's Fee: |
||
3299939 Nova Scotia Limited |
||
(Chris Neville) |
$66,988.40 cash; 167,471 shares |
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.
________________________________________
GOLDEN DAWN MINERALS INC. ("GOM")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: Aug 30, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Apr 12, 2016:
Convertible Debenture: |
$2,600,700.05 |
Initial Conversion Price: |
$0.31 per common share |
Term of Maturity: |
3 Years |
Interest Rate: |
Pre-paid (added to face value) |
Warrants: |
8,389,355 share purchase warrants to purchase 8,389,355 shares |
Initial Exercise Price: |
$0.31 |
Term to Expiry: |
3 Years |
Number of Placees: |
1 Placee |
Finder's Fee: |
|
Ecoban Securities Corporation |
$156,042.00 cash; 503,361.3 warrants |
Finder Warrant Initial Exercise Price: |
$0.31 |
Finder Warrant Term to Expiry: |
valid for 3 years at $.31 |
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.
________________________________________
HAPPY CREEK MINERALS LTD. ("HPY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 30, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 13, 2016 and August 23, 2016:
Number of Shares: |
1,058,908 Flow-through shares |
|
Purchase Price: |
$0.22 per Flow-through share |
|
Number of Shares: |
5,991,250 Non Flow-through shares |
|
Purchase Price: |
$0.16 per Non Flow-through share |
|
Number of Placees: |
23 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
David Blann |
Y |
65,000 |
Rodger Gray |
Y&P |
100,000 |
Resource Capital Fund VI |
Y |
1,500,000 |
Aggregate Pro Group |
||
Involvement [1 Placee] |
Y |
100,000 |
Finder's Fee: |
Altus Securities Inc. $45,480 cash and 267,375 Broker Warrants payable. |
|
Each Broker Warrant is exercisable into one common share at $0.16 for a |
||
two year period from closing. |
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.
________________________________________
JET GOLD CORP ("JAU")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement; Resume Trading; Private Placement-Non-Brokered; Shares for Debt
BULLETIN DATE: August 30, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a share exchange agreement dated March 14, 2016 (the "Agreement"), among Jet Gold Corp. (the "Company"), 1054137 BC Ltd. ("BC Ltd") and the shareholders of BC Ltd. in respect of the acquisition by the Company of a 30% interest in the Haib Copper Project, Namibia (the "Property").
In order to acquire a 30% interest, the Company must issue 45,000,000 common shares of the Company to the shareholders of BC Ltd. BC Ltd holds a 100% of the share capital of Deep South Mining Company Pty. Ltd which holds 30% of Haib Minerals Pty Ltd. ("Haib Minerals"). Haib Minerals holds the Exclusive Prospecting License 3140 which hosts the Haib copper project in Namibia.
The transaction is arm's length.
Private Placement
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 21, 2016:
Number of Shares: |
5,358,571 shares |
Purchase Price: |
$0.07 per share |
Warrants: |
2,679,286 share purchase warrants to purchase 2,679,286 shares |
Warrant Exercise Price: |
$0.17 for a two year period |
Number of Placees: |
20 Placees |
Finder's Fee: |
Mackie Research Capital Corporation - $5,120.00 and 73,143 Finder's Warrants that are exercisable into common shares at $0.17 per share for a two year term. |
Foster & Associates Financial Services Inc. - $3,528.00 and 50,400 Finder's Warrants that are exercisable into common shares at $0.17 per share for a two year term. |
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.
Shares for Debt
TSX Venture Exchange has accepted for filing the Company's proposal to issue 8,333,333 shares at $0.06 per share and a convertible debenture in the principal amount of $373,195 to settle outstanding debt for $873,195.00.
The convertible debenture bears interest at LIBOR plus 2% and is convertible into common shares at $0.07 per share for a 24 month period.
Number of Creditors: |
1 Creditor |
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Insider / Pro Group Participation: |
||||
Insider=Y / |
Amount |
Deemed Price |
||
Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
Teck Namibia (PTY) Ltd. |
Y |
$500,000.00 |
$0.06 |
8,333,333 |
$373,195 convertible debenture |
The Company shall issue a news release when the shares are issued and the debt extinguished.
Resume Trading
Effective at open of trading, Wednesday August 31, 2016, shares of the Company resumed trading, an announcement having been made.
For further information, please see the Company's news release dated March 21, 2016 and August 30, 2016.
________________________________________
MILLSTREAM MINES LTD. ("MLM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 30, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 4, 2016:
Number of Shares: |
480,000 shares |
|
Purchase Price: |
$0.05 per share |
|
Warrants: |
480,000 share purchase warrants to purchase 480,000 shares |
|
Warrant Exercise Price: |
$0.10 for a one year period |
|
Number of Placees: |
2 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Robert Chase |
Y |
280,000 |
Stephen Mlot |
Y |
200,000 |
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).
________________________________________
NEXUS GOLD CORP. ("NXS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 30, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 24, 2016:
Number of Shares: |
25,100,000 shares |
|
Purchase Price: |
$0.05 per share |
|
Warrants: |
12,550,000 share purchase warrants to purchase 12,550,000 shares |
|
Warrant Exercise Price: |
$0.075 for a two year period |
|
Number of Placees: |
84 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Aggregate Pro Group |
||
Involvement [2 Placees] |
P |
2,400,000 |
Finder's Fee: |
PI Financial Corp. $5,240 cash and 104,800 warrants payable. |
|
EMD Financial Inc. $15,000 cash, 100,000 common shares and 100,000 |
||
warrants payable. |
||
David John Vincent 867,000 common shares and 867,000 warrants payable. |
||
-Each warrant is exercisable at $0.075 for two years from closing. |
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.]
________________________________________
OREFINDERS RESOURCES INC. ("ORX")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: August 30, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,500,000 bonus shares in consideration of a $450,000 loan to the company from an arm's length investor. The loan is secured by 12 mineral claims relating to the Company's Mirado gold project, the term is one year, no interest is payable and a financing fee of $180,000 is payable to the lender.
________________________________________
PISTOL BAY MINING INC. ("PST")
BULLETIN TYPE: Private Placement-Non-Brokered, Correction
BULLETIN DATE: August 30, 2016
TSX Venture Tier 2 Company
Further to the bulletin dated August 29, 2016, the Warrant Exercise Price should have stated:
Warrant Exercise Price: |
$0.09 for a one year period for flow-through warrants |
All other information remains the same.
________________________________________
PJX RESOURCES INC. ("PJX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Aug 30, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Aug 25, 2016:
Flow-Through Shares: |
||
Number of FT Shares: |
2,411,117 flow through shares |
|
Purchase Price: |
$0.17 per flow through share |
|
Warrants: |
2,411,117 share purchase warrants to purchase 2,411,117 shares |
|
Warrant Initial Exercise Price: |
$0.25 |
|
Warrant Term to Expiry: |
3 Years |
|
Non Flow-Through Shares: |
||
Number of Non-FT Shares: |
4,472,167 non flow through shares |
|
Purchase Price: |
$0.15 per non flow through share |
|
Warrants: |
4,472,167 share purchase warrants to purchase 4,472,167 shares |
|
Warrant Initial Exercise Price: |
$0.25 |
|
Warrant Term to Expiry: |
3 Years |
|
Number of Placees: |
33 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
Pro-Group=P |
# of Shares |
George Patton |
Y |
2,000,000 |
Paul Crossett |
Y |
100,000 |
John Keating |
Y |
100,000 |
Aggregate Pro-Group |
||
Involvement [4 Placees] |
P |
505,000 |
Finder's Fee: |
||
GMP Securities LP |
$19,839.00 cash |
|
PI Financial Corp. |
$35,460.00 cash |
|
Echelon Wealth Partners |
$5,280.00 cash |
|
John Walter Communications Inc. |
$4,000.00 cash |
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.
_______________________________________
SAVARY GOLD CORP. ("SCA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 30, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 12, 2016:
Number of Shares: |
27,222,545 shares |
|
Purchase Price: |
$0.11 per share |
|
Warrants: |
13,611,272 share purchase warrants to purchase 13,611,272 shares |
|
Warrant Exercise Price: |
$0.15 for a thirty month period |
|
Number of Placees: |
36 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Ross Beaty |
Y |
3,636,363 |
Daniel Nocente |
Y |
200,000 |
Finder's Fee: |
an aggregate of $172,623.70, plus 1,584,488 finders warrants, each |
|
exercisable into one common share at a price of $0.11 for a period of |
||
30 months, payable to Blackbridge Capital Management Corp., Red Cloud |
||
Klondike Strike Inc., Odlum Brown Ltd., Canaccord Genuity, Vandamme |
||
Invest bvba, Global Maxfin Capital Inc. and Altus Securities Inc. |
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.
________________________________________
STELLAR AFRICAGOLD INC. ("SPX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 30, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement:
Number of Shares: |
1,185,000 common shares and 6,715,000 flow-through common shares |
Purchase Price: |
$0.05 per common share and flow-through common share |
Warrants: |
7,900,000 warrants to purchase 7,900,000 common shares |
Warrant Exercise Price: |
$0.10 during a period of 24 months following the closing of the private placement |
Number of Placees: |
24 Placees |
Finders' Fees: |
Finders collectively received $22,500 in cash and 450,000 common share purchase warrants at $0.10 for 24 months |
Company has confirmed the closing of the above-mentioned private placement pursuant to a news release dated August 16, 2016.
STELLAR ORAFRIQUE INC. (« SPX »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 30 August 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 :
Nombre d'actions : |
1 185 000 actions ordinaires et 6 715 000 actions ordinaires accréditives |
Prix : |
0,05 $ par action ordinaire et action ordinaire accréditive |
Bons de souscription : |
7 900 000 bons de souscription permettant de souscrire à 7 900 000 actions ordinaires |
Prix d'exercice des bons : |
0,10 $ pendant une période de 24 mois suivant la date de clôture du placement privé |
Nombre de souscripteurs : |
24 souscripteurs |
Honoraires d'intermédiation : |
Des intermédiaires ont collectivement reçu 22 500 $ en espèces ainsi que 450 000 bons de souscription en actions ordinaires à 0,10 $ pour 24 mois. |
La société a confirmé la clôture du placement privé mentionné ci-dessus dans le cadre d'un communiqué de presse daté du 16 août 2016.
________________________________________
STRATEGIC OIL & GAS LTD. ("SOG")
BULLETIN TYPE: Correction
BULLETIN DATE: August 30, 2016
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated August 19, 2016, the Bulletin should have read as follows:
"Terms of the Interest Convertible Debentures, including the date of maturity, are identical to the Convertible Debentures except for the conversion price, which is now $0.165 per share."
All other information remains the same.
________________________________________
VICTORY RESOURCES CORPORATION ("VR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 30, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 29, 2016:
Number of Shares: |
1,200,000 shares |
Purchase Price: |
$0.05 per share |
Warrants: |
1,200,000 share purchase warrants to purchase 1,200,000 shares |
Warrant Exercise Price: |
$0.10 for a two year period |
Number of Placees: |
3 Placees |
________________________________________
WEST AFRICAN RESOURCES LIMITED ("WAF")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 30, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 10, 2016:
Number of Shares: |
70,000,000 shares |
Purchase Price: |
A$0.30 (CDN$0.29445) per share |
Number of Placees: |
110 Placees |
Finder's Fee: |
CDN$1,020,759.99 to Hartleys Limited |
CDN$ 215,930.00 to Clarus Securites Inc. |
________________________________________
NEX COMPANIES
LEAGOLD MINING CORPORATION ("LMC.H")
[formerly HTI Ventures Corp. ("HTI.H")]
BULLETIN TYPE: Name Change
BULLETIN DATE: August 30, 2016
NEX Company
Pursuant to a resolution passed by shareholders on August 8, 2016, the Company has changed its name as detailed below. There is no consolidation of capital.
Effective at the opening August 31, 2016, the common shares of Leagold Mining Corporation will commence trading on TSX Venture Exchange, and the common shares of HTI Ventures Corp. will be delisted. The Company is classified as a 'Mineral Exploration/Development' company.
Capitalization: |
unlimited |
shares with no par value of which |
135,626,471 |
shares are issued and outstanding |
|
Escrow: |
nil |
shares subject to escrow |
Transfer Agent: |
Computershare Investor Services Inc. |
|
Trading Symbol: |
LMC.H |
(new) |
CUSIP Number: |
52176A106 |
(new) |
________________________________________
PRIZE MINING CORP. ("PRZ.H")
BULLETIN TYPE: Consolidation
BULLETIN DATE: August 30, 2016
TSX Venture NEX Company
Pursuant to a resolution passed by Directors August 15, 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 August 31, 2016, the common shares of Prize Mining Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as an 'Exploration and Development' company.
Post - Consolidation |
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Capitalization: |
unlimited |
shares with no par value of which |
2,859,135 |
shares are issued and outstanding |
|
Escrow |
nil |
shares are subject to escrow |
Transfer Agent: |
Computershare Trust Company of Canada |
|
Trading Symbol: |
PRZ.H |
UNCHANGED |
CUSIP Number: |
74270U309 |
NEW |
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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