TSX Venture Exchange Daily Bulletins

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TSX Venture Exchange

Sep 07, 2016, 18:48 ET

VANCOUVER, Sept. 7, 2016 /CNW/ -

BULLETIN TYPE:  Cease Trade Order
BULLETIN DATE:  September 6, 2016
TSX Venture Companies

A  Cease Trade Order has been issued by the British Columbia Securities Commission on September 6, 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)

ZKL             

2

China Keli Electric Company Ltd          

annual audited financial                               



statements, annual management's              





discussion and analysis, and                        



certification of the annual filings              

2016/04/30





NVT             

2

Nortec Minerals Corp                             

interim financial report, interim                     



management's discussion and                     



analysis, and certification of the                   



interim filings                                            

2016/06/30

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.

________________________________________

BULLETIN TYPE:  Cease Trade Order
BULLETIN DATE:  September 6, 2016
TSX Venture Company

A  Cease Trade Order has been issued by the Alberta Securities Commission on September 6, 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)

TAN              

2

Tanager Energy Inc.        

interim unaudited financial reports,                               



interim management's discussion and                          



analysis, and certification of the interim filings        

2016/06/30

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.

________________________________________

ASCOT RESOURCES LTD. ("AOT")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  September 7, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 11, 2016:

Number of Shares:                                   

17,391,306 shares



Purchase Price:                                        

$1.15 per share



Warrants:                                                 

8,695,653 share purchase warrants to purchase 8,695,653 shares



Warrant Exercise Price:                             

$1.50 for a two year period



Number of Placees:                                   

1 Placee



Insider / Pro Group Participation:





Insider=Y /


Name                                                          

ProGroup=P                                                                                                         

# of Shares

Eric Sprott                                                   

Y                                                                                                                              

17,391,306



Finder's Fee:                                              

$466,666.67 payable to Sprott Private Wealth LP, with 405,797 warrants



exercisable at $1.15 for two years

$933,333.33 payable to G. Alexander Campbell, with 811,594 warrants



exercisable at $1.15 for two years

The Company issued a news release on August 5, 2016 confirming closing of the private placement. 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.

________________________________________

AURYN RESOURCES INC. ("AUG")
HOMESTAKE RESOURCE CORPORATION ("HSR")
BULLETIN TYPE: Plan of Arrangement, Delist
BULLETIN DATE: September 7, 2016
TSX Venture Tier 2 Companies

TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with an arrangement agreement between Auryn Resources Inc. ("Auryn") and Homestake Resource Corporation ("Homestake") dated July 8, 2016 (the "Agreement"). Pursuant to the Agreement Auryn has agreed to acquire all of the issued and outstanding common shares of Homestake by way of a plan of arrangement under the provisions of the Business Corporations Act (British Columbia) (the "Transaction"). Under the Agreement, each Homestake shareholder will be entitled to receive 0.0588 common shares of Auryn for each common share of Homestake held.

The Exchange has been advised that approval of the Transaction by the Homestake shareholders was received at a special meeting of shareholders held on August 25, 2016 and that approval of the Transaction was received from the British Columbia Supreme Court on August 29, 2016. The Transaction completed on September 7, 2016. The full particulars of the Transaction are set forth in the Homestake Information Circular, dated as of July 21, 2016, which is available under the Homestake profile on SEDAR.

Delisting:

In conjunction with the closing of the Transaction, Homestake has requested that its common shares be delisted. Accordingly, effective at the close of business, Wednesday, September 7, 2016, the common shares of Homestake will be delisted from the Exchange.

Insider / Pro Group Participation: None. Prior to the closing of the Transaction Auryn and Homestake were at arm's length.

________________________________________

BRIACELL THERAPEUTICS CORP. ("BCT")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  September 7, 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:                              

8,500,000 shares



Purchase Price:                                   

$0.20 per share



Warrants:                                             

8,500,000 share purchase warrants to purchase 8,500,000 shares



Warrant Exercise Price:                        

$0.30 for a one year period




$0.35 in the second and third year



Number of Placees:                              

11 Placees



Insider / Pro Group Participation:





Insider=Y /


Name                                                    

ProGroup=P                                                                                                              

# of Shares

Aggregate Pro Group



Involvement [2 Placees]                        

P                                                                                                                                    

1,150,000



Finder's Fee:                                         

Richardson GMP Ltd. - $98,000.00 and 490,000 Compensation Options



that are exercisable into common shares at $0.20 per share for a three



year period.




Fidelity Clearing Canada ULC - $14,000.00 and 70,000 Compensation



Options that are exercisable into common shares at $0.20 per share for



a three year period.


The Company issued a news release on August 19, 2016 confirming closing of the private placement. 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.

________________________________________

CADAN RESOURCES CORPORATION ("CXD")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  September 7, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 8,000,000 shares and 8,000,000 share purchase warrants to settle outstanding debt for $400,000.

Number of Creditors:                           

1 Creditor







Insider / Pro Group Participation:









Insider=Y /     

          Amount

         Deemed Price


Creditor                                             

Progroup=P  

             Owing

                per Share

           # of Shares

Mighty River International                   

Y                     

$400,000

$0.05

8,000,000





Warrants:                                            

8,000,000 share purchase warrants to purchase 8,000,000 shares





Warrant Exercise Price:                       

$0.10 for a one year period

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

________________________________________

CAPSTREAM VENTURES INC. ("CSP")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  September 7, 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:                                             

20,242,600 shares



Purchase Price:                                                  

$0.50 per share



Number of Placees:                                            

46 Placees



Insider / Pro Group Participation:





Insider=Y /


Name                                                                   

ProGroup=P                                                                                            

# of Shares

Aggregate Pro Group



Involvement [7 Placees]                                        

P                                                                                                                  

2,445,000



Finder's Fee:                                                       

$247,278 cash payable to PI Financial Corp.

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.

________________________________________

GOLDEN DAWN MINERALS INC. ("GOM")
BULLETIN TYPE:  Halt
BULLETIN DATE:  September 7, 2016
TSX Venture Tier 2 Company

Effective at 4:29 a.m. PST, September 7, 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.

________________________________________

GOLDEN DAWN MINERALS INC. ("GOM")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  September 7, 2016
TSX Venture Tier 2 Company

Effective at 11:45 a.m. PST, September 7, 2016, shares of the Company resumed trading, an announcement having been made.

________________________________________

LOMIKO METALS INC. ("LMR")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  September 7, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Discretionary Pricing Waiver Non-Brokered Private Placement announced June 21, 2016, June 27, 2016, July 20, 2016, August 16, 2016 and September 1, 2016:

Number of Shares:                              

5,263,400 Flow-through shares

Purchase Price:                                   

$0.05 per share

Warrants:                                            

5,263,400 share purchase warrants to purchase 5,263,400 shares

Warrant Exercise Price:                        

$0.075 for a three year period



Number of Shares:                               

7,317,500 Non Flow-through shares

Purchase Price:                                    

$0.04 per share

Warrants:                                              

7,317,500 share purchase warrants to purchase 7,317,500 shares

Warrant Exercise Price:                         

$0.05 for an 18 month period



Number of Placees:                                

8 Placees



Insider / Pro Group Participation:





Insider=Y /


Name                                                       

ProGroup=P                                                                                                               

# of Shares

A. Paul Gill                                               

Y                                                                                                                      

1,250,000 NFT units



Finder's Fee:                                           

Secutor Capital Management Corp. $20,000 cash and 400,000



warrants payable.  Each warrant is exercisable into one common



share at $0.075 for 36 months 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.]

________________________________________

LORRAINE COPPER CORP. ("LLC")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  September 7, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a Property Purchase Agreement dated June 14, 2016 between Lorraine Copper Corp. (the Company) and ALQ Gold Corp. (the Vendor) whereby the Company may acquire a 100% interest in the Lustdust Property (20 claims, 9,583 hectares) located 150km north of Fort St. James, BC.  Consideration is $50,000 cash, 5,500,000 common shares and $100,000 in exploration expenditures within 12 months.

________________________________________

MASON GRAPHITE INC. ("LLG")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  September 7, 2016
TSX Venture Tier 2 Company

Effective at 12:45 p.m. PST, September 6, 2016, shares of the Company resumed trading, an announcement having been made.

________________________________________

MISSION READY SERVICES INC ("MRS")
BULLETIN TYPE: Resume Trading, Reviewable Transaction-Announced
BULLETIN DATE:  September 7, 2016
TSX Venture Tier 2 Company

Effective at the open, Thursday, September 8, 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.

________________________________________

NICOLA MINING INC. ("NIM")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  September 7, 2016
TSX Venture Tier 2 Company

Effective at 6:45 a.m. PST, September 7, 2016, shares of the Company resumed trading, an announcement having been made.

________________________________________

PANORO MINERALS LTD. ("PML")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  September 7, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 8, 2016:

Number of Shares:                                   

36,717,817 shares



Purchase Price:                                        

$0.18 per share



Warrants:                                                 

18,358,908 share purchase warrants to purchase 18,358,908 shares



Warrant Exercise Price:                             

$0.27 for a two year period



Number of Placees:                                   

13 Placees



Insider / Pro Group Participation:





Insider=Y /


Name                                                          

ProGroup=P                                                                                          

# of Shares

Luquman Shaheen                                      

Y                                                                                                                  

253,000

William Boden                                              

Y                                                                                                                  

600,000

HudBay Minerals Inc.                                   

Y                                                                                                               

4,120,968

Lorne Torhjelm                                            

Y                                                                                                                  

100,000

Christiaan Staargaard                                 

Y                                                                                                                    

50,000

Aggregate Pro Group



Involvement [2 Placees]                               

P                                                                                                                  

205,000



Finder's Fee:                                                

$181,434.77 cash payable to Kallpa Securities S.A.B.

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.

________________________________________

PLATE RESOURCES INC. ("PLR")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE: September 7, 2016
TSX Venture Tier 2 Company

Further to the Exchange bulletin dated September 2, 2016, effective at the open on Thursday, September 8, 2016, the shares of the Company will resume trading, an announcement having been made on September 6, 2016.

_______________________________________

POYDRAS GAMING FINANCE CORP. ("PYD.DB.U")
BULLETIN TYPE:  Halt
BULLETIN DATE:  September 7, 2016
TSX Venture Tier 2 Company

Effective at 10:57 a.m. PST, September 7, 2016, trading in the shares of the Company was halted, pending delist. 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.

________________________________________

TITANSTAR PROPERTIES INC. ("TSP")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  Sep 07, 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:

Number of Shares:                                                       

2,495,920 shares



Purchase Price:                                                            

$0.06 per share



Number of Placees:                                                      

2 Placees



Insider / Pro Group Participation:





Insider=Y /

Name                                                                             

Pro-Group=P                                                                               

# of Shares

Inovalis S.A. 

Stéphane Joseph Amine                                                 

Y                                                                                                         

414,150

TitanStar Capital Corp.

T. Richard Turner                                                          

Y                                                                                                     

2,081,770

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.

________________________________________

TRUE NORTH GEMS INC. ("TGX")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  September 7, 2016
TSX Venture Tier 2 Company

Effective at 7:15 a.m. PST, September 7, 2016, shares of the Company resumed trading, an announcement having been made.

________________________________________

WILTON RESOURCES INC. ("WIL")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE:  September 7, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the extension of the following warrants:

Private Placement:


# of Warrants:                                                    

1,200,000


Expiry Date of Warrants:                                      

September 5, 2015. Extended until September 6, 2016.


New Expiry Date of Warrants:                               

March 5, 2017


Exercise Price of Warrants:                                   

$1.00 (unchanged)

These warrants were issued pursuant to a private placement of 1,200,000 shares with 1,200,000 share purchase warrants attached, which was accepted for filing by the Exchange effective September 29, 2014.

________________________________________

WOLVERINE MINERALS CORP. ("WLV")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE: September 7, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 13,396,000 shares to settle  debt of $669,000.

Number of Creditors:                           

8 Creditors







Insider / Pro Group Participation:









Insider=Y /    

       Amount

         Deemed Price


Creditor                                              

Progroup=P 

          Owing

                per Share

               # of Shares

Thomas A. Doyle                                   

Y                   

$317,400

$0.05

6,348,000

TAD Financial Corp (T. Doyle)             

Y                   

$89,100

                                " 

1,782,000

Amteck Financial Corp.





(Logan Anderson)                                

Y                  

$28,300

                                " 

566,000

Logan Anderson                                   

Y                   

$45,000

                                 " 

900,000

Greg Burnett                                          

Y                   

$56,000

                                 " 

1,120,000

J. Douglas Blanchflower                         

Y                   

$51,400

                                 " 

1,028,000

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

________________________________________

NEX COMPANIES

BULLETIN TYPE:  Cease Trade Order
BULLETIN DATE:  September 6, 2016
NEX Company

A  Cease Trade Order has been issued by the British Columbia Securities Commission on September 6, 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)

IVF.H               

NEX          

Invictus Financial Inc.         

interim financial report, interim                                 



management's discussion and analysis                   



and certification of the interim filings                  

2016/06/30

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.

________________________________________

EASTSIBERIAN PLC ("ESB.H")
BULLETIN TYPE:  Suspend
BULLETIN DATE:  September 7, 2016
NEX Company

Further to the Company's press release dated September 2, 2016, effective at the opening Thursday, September 8, 2016, trading in the shares of the Company will be suspended for failure to maintain Exchange requirements, the Company having less than 3 Directors.

Members are prohibited from trading in the securities of the Company 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