VANCOUVER, Oct. 21, 2016 /CNW/ -
TSX VENTURE COMPANIES
ADVANTAGE LITHIUM CORP. ("AAL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Oct 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Sep 06, 2016:
| Number of Shares: |
8,456,900 shares |
| Purchase Price: |
$0.60 per share |
| Warrants: |
4,228,450 share purchase warrants to purchase 4,228,450 shares |
| Warrant Initial Exercise Price: |
$0.75 |
| Warrant Term to Expiry: |
2 Years |
| Number of Placees: |
76 Placees |
| Insider / Pro Group Participation: |
| Insider=Y / |
||
| Name |
Pro-Group=P |
# of Shares |
| WILLIAM V. MARSH |
Y |
50,000 |
| SIDEN INVESTMENTS LTD. |
Y |
200,000 |
| (DAVID SIDOO) |
Y |
83,000 |
| ROSS MCELROY |
P |
178,301 |
| Aggregate Pro-Group Involvement [4 Placees] |
||
| Finder's Fee: |
||
| CANACCORD GENUITY CORP. |
$7,560.00 cash; 12,600 warrants |
|
| PI FINANCIAL CORP. |
$4,800.00 cash; 8,000 warrants |
|
| TOPLEFT SECURITIES LTD. |
$60,624.00 cash; 101,040 warrants |
|
| MAX SALI |
$59,814.00 cash; 99,690 warrants |
|
| MEZZO CONSULTING SERVICES S.A. |
$63,600.00 cash; 106,000 warrants |
|
| (Siegmar Schoeps and Frank Hoegel) |
||
| GERHARD MERKEL |
$4,200.00 cash; 7,000 warrants |
|
| Finder Warrant Initial Exercise Price: |
$0.60 |
|
| Finder Warrant Term to Expiry: |
2 YEARS |
|
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 guarantee 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.
________________________________________
ALLIANCEPHARMA INC. ("APA")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Preferred Shares
BULLETIN DATE: October 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement of Convertible Preferred Shares that was announced on July 4, 2016:
| Convertible Preferred Shares: |
$4,000,000 |
| Conversion Price: |
The $4,000,000 Preferred Shares are convertible into an aggregate of 11,428,571 Common Shares at a price of $0.35 per Share. |
| Maturity Date: |
five years following the date of closing |
| Dividend Rate: |
Nil |
| Warrants: |
11,428,571 Warrants to purchase 11,428,571 Common Shares |
| Warrants Exercise Price: |
$0.69 per Common Share during a period of five years following the date of closing |
| Number of Placees: |
2 Placees |
| Insider / Pro Group Participation: |
Nil |
| Finder's Fee: |
Nil |
The Company has announced the closing of the Private Placement via the issuance of press release dated October 20, 2016.
ALLIANCEPHARMA INC. (« APA »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier, actions privilégiées convertible
DATE DU BULLETIN : Le 21 octobre 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 d'actions privilégiées convertibles qui fut annoncé initialement le 4 juillet 2016:
| Actions privilégiées convertibles : |
4 000 000 $ |
| Prix de conversion : |
Les 4 000 000 $ d'actions privilégiées sont convertibles en un total de 11 428 571 actions ordinaires au prix de 0,35 $ par action. |
| Date d'échéance : |
Cinq ans suivant la date de clôture |
| Taux de dividende : |
Nil |
| Bons de souscription : |
11 428 571 bons de souscription permettant d'acquérir 11 428 571 actions ordinaires |
| Prix d'exercice des bons : |
0,69 $ l'action pendant une période de cinq ans suivant la date de clôture |
| Nombre de souscripteurs : |
2 souscripteurs |
| Participation Initié / Groupe Pro : |
Nil |
| Honoraire d'intermédiation: |
Nil |
La société a annoncé la clôture du placement privé par voie d'émission d'un communiqué de presse daté du 20 octobre 2016.
_____________________________________
BIG NORTH GRAPHITE CORP. ("NRT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: October 21, 2016
TSX Venture Tier 2 Company
Effective at the open, Monday, October 24, 2016, trading in Big North Graphite Corp.'s common shares will resume, satisfactory documentation having been received by the TSX Venture Exchange Inc. in respect of a Property Purchase Agreement dated October 11, 2016 (the "Purchase Agreement") with TrioResources AG Inc. ("Trio") with respect to the acquisition of 100% of Trio's assets and undertaking and the related production facilities and equipment of the past-producing Duncan Kerr Property located in the Cobalt region of Northeastern Ontario (the "Reviewable Transaction").
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. BCGold is required to submit all of the required documentation relating to the Reviewable Transaction.
Completion of the Reviewable Transaction is subject to a number of conditions, including but not limited to, Exchange acceptance. There is a risk that the Reviewable Transaction will not be accepted or that the terms of the transaction may change substantially prior to acceptance.
For further information, please see the news release dated October 19, 2016 which is available under Big North Graphite Corp.'s profile on SEDAR.
________________________________________
BRAVEHEART RESOURCES INC. ("BHT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: October 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 200,000 common shares at a deemed value of $0.0979 per share to settle outstanding debt for $19,587.
| Number of Creditors: |
1 Creditor |
For further details, please refer to the Company's news release dated October 11, 2016.
________________________________________
COBALT POWER GROUP INC. ("CPO")
[formerly Global Copper Group Inc. ("ICU")]
BULLETIN TYPE: Name Change
BULLETIN DATE: October 21, 2016
TSX Venture Tier 2 Company
Pursuant to a resolution passed by the directors on October 7, 2016, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening Monday, October 24, 2016, the common shares of Cobalt Power Group Inc. will commence trading on TSX Venture Exchange, and the common shares of Global Copper Group Inc. will be delisted. The Company is classified as a 'Gold Mining' company.
| Capitalization: |
unlimited |
shares with no par value of which |
| 33,067,755 |
shares are issued and outstanding |
|
| Escrow: |
nil |
shares subject to escrow |
| Transfer Agent: |
Computershare Investor Services Inc. |
|
| Trading Symbol: |
CPO |
(new) |
| CUSIP Number: |
19075V101 |
(new) |
________________________________________
DUALEX ENERGY INTERNATIONAL INC. ("DXE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to an Asset Purchase Agreement (the "Agreement") between DualEx Energy International Inc. (the "Company") and a private company (the "Vendor"). Pursuant to the terms of the Agreement, the Company will acquire approximately 37,000 net acres of oil and gas producing land located in the Rycroft, Valhalla and Gordondale areas of northwest Alberta. In consideration, the Company will pay $285,000 cash and issue 2,000,000 non-interest-bearing, non-voting Series I preferred shares ("Preferred Shares").
The Preferred Shares will be convertible at the option of the holder, into units (each a "Unit") of the Company. The number of Units issuable upon conversion of the Preferred Shares is equal to the number of Preferred Shares to be converted multiplied by $1 and divided by the volume-weighted average of the trading price of the common shares of the Company on the Exchange during the immediately prior 20-consecutive-day period prior to conversion (the "Conversion Price"). Each Unit consists of one common share and one-half of one common share purchase warrant (each a "Warrant"), with each whole Warrant exercisable at the greater of $0.05 at the time of conversion of the Preferred Shares and the Conversion Price, and exercisable for up to 5 years from the date of closing of this transaction.
Insider / Pro Group Participation: None
________________________________________
DUALEX ENERGY INTERNATIONAL INC. ("DXE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a Share Purchase Agreement between DualEx Energy International Inc. (the "Company") and shareholders of Murelle Enterprises Inc. ("Murelle"), a Non-Arm's Length Party, whereby the Company will acquire the issued and outstanding shares of Murelle. Murelle has an oil and gas property producing 7 barrels a day located in Alberta along with approximately $56,000 of annual-effective-rate deposits ("AER Deposits"). There are possible future abandonment liabilities which would equal approximately the AER Deposits. In consideration, the Company will issue 5,000,000 common share units units (each a "Unit") issued at a price of $0.01 per Unit. Each Unit is comprised of common share and a half warrant ("Warrant") with each whole Warrant exercisable for one common share at the exercise price of $0.015 per common share for a period of two years.
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Units |
| Highrange Capital Corporation |
Y |
1,000,000 |
| (Brad Porter) |
________________________________________
DUALEX ENERGY INTERNATIONAL INC. ("DXE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a Share Purchase Agreement between DualEx Energy International Inc. (the "Company") and shareholders of Bredal Energy Corp. ("Bredal"), a Non-Arm's Length Party, whereby the Company will acquire the issued and outstanding shares of Bredal. Bredal has approximately $500,000 in cash and $280,000 of annual-effective-rate deposits ("AER Deposits"). There are possible future abandonment liabilities which would equal approximately the AER Deposits. In consideration, the Company will issue 50,000,000 common share units units (each a "Unit") issued at a price of $0.01 per Unit. Each Unit is comprised of common share and a half warrant ("Warrant") with each whole Warrant exercisable for one common share at the exercise price of $0.015 per common share for a period of two years.
Insider / Pro Group Participation:
| Insider=Y / |
|||
| Name |
ProGroup=P |
# of Units |
|
| Copper Creek Ventures |
Y |
34,841 |
|
| (Brad Porter) |
|||
| Brad Porter |
Y |
9,960,159 |
________________________________________
ESTRELLA INTERNATIONAL ENERGY SERVICES LTD. ("EEN")
BULLETIN TYPE: Halt
BULLETIN DATE: October 21, 2016
TSX Venture Tier 1 Company
Effective at 6:01 a.m. PST, , 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.
________________________________________
ESTRELLA INTERNATIONAL ENERGY SERVICES LTD. ("EEN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: October 21, 2016
TSX Venture Tier 1 Company
Effective at 7:15 a.m. PST, October 21, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
LUMINOR MEDICAL TECHNOLOGIES INC. ("LMT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: October 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 57,500 shares to settle outstanding debt for $11,500.
| Number of Creditors: |
2 Creditors |
Insider / Pro Group Participation:
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Ashwath Mehra |
Y |
$4,000 |
$0.20 |
20,000 |
For further information refer to the Company's news release dated September 2, 2016.
________________________________________
MACARTHUR MINERALS LIMITED ("MMS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 21, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for a property Assignment Agreement dated October 20, 2016 between Macarthur Lithium Nevada Limited, a wholly owned subsidiary of Macarthur Minerals Limited (the Company) and Voltaic Minerals Corp. (the Vendor) whereby the Company may acquire the Stonewall Project (38 placer mine claims, 5,360 acres) located in the Lida Valley Basin, Nevada. Consideration is US$50,000 and 2,000,000 common shares.
________________________________________
MARCHING MOOSE CAPITAL CORP. ("MMC.P")
BULLETIN TYPE: Notice – QT Not Completed – Approaching 24 Months of Listing
BULLETIN DATE: October 21, 2016
TSX Venture Tier 2 Company
The shares of the Company were listed on TSX Venture Exchange on November 19, 2014. The Company, which is classified as a Capital Pool Company ('CPC'), is required to complete a Qualifying Transaction ('QT') within 24 months of its date of listing, in accordance with Exchange Policy 2.4.
The records of the Exchange indicate that the Company has not yet completed a QT. If the Company fails to complete a QT by its 24-month anniversary date of November 21, 2016, the Company's trading status may be changed to a suspension without further notice, in accordance with Exchange Policy 2.4, Section 14.6.
TSX-X
_______________________________________
MITRA ENERGY INC. ("MTE")
BULLETIN TYPE: Halt
BULLETIN DATE: October 21, 2016
TSX Venture Tier 2 Company
Effective at 5:29 a.m. PST, October 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.
________________________________________
MONTERO MINING AND EXPLORATION LTD. ("MON")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: October 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 13,720,496 shares to settle outstanding debt for $686,024.75.
| Number of Creditors: |
8 Creditors |
Insider / Pro Group Participation:
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| AVL Holdings Limited |
Y |
$205,594.70 |
$0.05 |
4,111,894 |
| Andrew Thomson |
Y |
$15,000.00 |
$0.05 |
300,000 |
| Golden Phoenix International Pty |
Y |
$12,934.05 |
$0.05 |
258,681 |
| (Gregory C. Hall) |
||||
| Criss Cross Inc. |
Y |
$92,250.00 |
$0.05 |
1,845,000 |
| (Antonia J. Chapman) |
||||
| Global Mining Services Limited |
Y |
$237,546.00 |
$0.05 |
4,750,920 |
| (Antony Harwood) |
For further information refer to the Company's news release dated June 1, 2016.
________________________________________
NAIKUN WIND ENERGY GROUP INC. ("NKW")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: October 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue shares at a deemed price of $0.075, in consideration of certain services provided to the Company pursuant to agreements dated November 16, 2011, for the quarters ending March 31, 2016 and June 30, 2016.
Insider / Pro Group Participation:
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Joe Houssian |
Y |
$3,392.55 |
$0.075 |
44,394 |
| Michael Burns |
Y |
$3,329.55 |
$0.075 |
44,394 |
| Philip Hughes |
Y |
$10,000.04 |
$0.075 |
133,334 |
| Arthur Williams |
Y |
$4,062.60 |
$0.075 |
54,160 |
Additionally, TSX Venture Exchange has accepted for filing the Company's proposal to issue shares at a deemed price of $0.085, in consideration of certain services provided to the Company pursuant to agreements dated November 16, 2011, for the quarter ending September 30, 2016.
Insider / Pro Group Participation:
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Joe Houssian |
Y |
$3,392.55 |
$0.085 |
20,221 |
| Michael Burns |
Y |
$3,329.55 |
$0.085 |
13,481 |
| Philip Hughes |
Y |
$10,000.04 |
$0.085 |
58,824 |
| Arthur Williams |
Y |
$4,062.60 |
$0.085 |
23,898 |
________________________________________
ORGANTO FOODS INC. ("OGO")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: October 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 300,000 bonus warrants exercisable at $0.30 for a one year period in consideration of loans totaling US$100,000. The loans have a one year term and bear interest at 6% per annum.
________________________________________
PANCONTINENTAL GOLD CORPORATION ("PUC")
Formerly Pancontinental Gold Corporation ("PUC.H")
BULLETIN TYPE: Graduation from NEX to TSX Venture, Symbol Change
BULLETIN DATE: October 21, 2016
TSX Venture Tier 2 Company
Graduation from NEX to TSX Venture, Symbol Change
The Company has met the requirements to be listed as a TSX Venture Tier 2 Company. Therefore, effective on Monday, October 24, 2016 the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to Toronto.
Effective at the opening, on Monday, October 24, 2016, the trading symbol for the Company will change from PUC.H to PUC.
________________________________________
Patriot One Technologies Inc. ("PAT")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: October 21, 2016
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated October 13, 2016, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the change of business and/or Reverse Take-Over pursuant to Listings Policy 5.2.
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.
________________________________________
PYROGENESIS CANADA INC. ("PYR")
BULLETIN TYPE: Warrant Price Amendment, Warrant Term Extension
BULLETIN DATE: October 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has consented to the reduction in the exercise price and the extension of the following Warrants:
| Number of Warrants: |
2,142,857 |
| Original Expiry Date of Warrants: |
November 26, 2016 |
| New Expiry Date of Warrants: |
November 26, 2017 |
| Original Exercise Price of Warrants: |
$0.55 |
| New Exercise Price of Warrants: |
$0.195 |
| Accelerated Expiry Provision: |
If the closing price of the shares is $0.244 or more for a period of 10 consecutive trading days, then the warrant holders will have 30 days to exercise their warrants. |
These Warrants were issued pursuant to a private placement of 4,285,714 shares and 2,142,857 warrants, which was accepted for filing by the Exchange effective December 5, 2014. These Warrants were subject to a first price reduction to $0.26, which was accepted for filing by the Exchange effective on August 8, 2016.
PYROGENESIS CANADA INC. (" PYR ")
TYPE DE BULLETIN : Modification du prix d'exercice et prolongation des bons de souscription
DATE DU BULLETIN : Le 21 octobre 2016
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX (la « Bourse ») a accepté la diminution au prix d'exercice et la prolongation des bons de souscription (les « bons ») suivants :
| Nombre de bons : |
2 142 857 |
| Date d'échéance initiale des bons: |
Le 26 novembre 2016 |
| Nouvelle date d'échéance des bons : |
Le 26 novembre 2017 |
| Prix d'exercice des bons à l'origine : |
0,55 $ |
| Nouveau prix d'exercice des bons : |
0,195 $ |
| Disposition d'accélération de l'échéance : |
Si le cours de clôture des actions de la société est 0,244 $ ou plus pour une période de 10 jours de transaction consécutifs, les détenteurs des bons auront 30 jours pour exercer leurs bons. |
Ces bons ont été émis en vertu d'un placement privé de 4 285 714 actions et 2 142 857 bons de souscription, tel qu'accepté par la Bourse le 5 décembre 2014. Le prix de ces bons a été réduite une première fois à 0,26 $, tel qu'accepté par la Bourse le 8 août 2016.
_________________________________________
QUANTUM INTERNATIONAL INCOME CORP. ("QIC")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: October 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's documentation pertaining to a secured term loan (the "Loan") between Quantum International Income Corp. (the "Company"), and an arm's length party (the "Lender"). The Lender has provided an aggregate loan of US$11,000,000 with redemption price of US$11,956,521.17, which shall mature in thirty months and bears an interest rate of 16% per annum.
Additionally, the Company shall issue 1,500,000 bonus warrants (each exercisable into one common share at a price of $0.1344 for a thirty month period) to the Lender in connection with the Loan.
For more information, refer to the Company's news release dated August 17, 2016.
________________________________________
QUANTUM INTERNATIONAL INCOME CORP. ("QIC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to an asset purchase agreement (the "Agreement") between arm's length parties (the "Vendors") and an indirect wholly-owned subsidiary of Quantum International Income Corp. (the "Company"). Pursuant to the Agreement, Southern Star Gaming, LLC an indirect wholly-owned subsidiary of the Company, shall acquire a 51% interest in Lucy Bucks, LLC, a digital terminal gaming business in Georgia, US.
In consideration, the Company shall pay an aggregate of US$10,500,000 plus issue 43,885,045 common shares to the Vendors.
Further, the Company shall issue an aggregate of 1,116,071 common shares to James Boyden as finder's fees in connection with the transaction.
For more information, refer to the Company's news releases dated April 27, 2016 and August 17, 2016.
________________________________________
QUIZAM MEDIA CORPORATION ("QQ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Oct 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Oct 05, 2016:
| Number of Shares: |
4,800,000 shares |
| Purchase Price: |
$0.15 per share |
| Warrants: |
4,800,000 share purchase warrants to purchase 4,800,000 shares |
| Warrant Initial Exercise Price: |
$0.30 |
| Warrant Term to Expiry: |
18 Months |
| Number of Placees: |
14 Placees |
| Insider / Pro Group Participation: |
|
| Name |
Insider=Y / |
# of Shares |
|
| Blueskyview Software Corp. |
Y |
345,533 |
|
| (Russ Rossi) |
|||
| Finder's Fee: |
|||
| Marco Grondin |
33,333 shares |
||
| Sylvain Dostie |
120,000 shares |
||
| Alistair Snowie |
123,300 shares |
||
| Kevin Fairley |
19,100 shares |
||
| Annie Parent |
19,167shares |
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 guarantee 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.
________________________________________
NEX COMPANIES
TANQUERAY EXPLORATION LTD. ("TQY.H")
BULLETIN TYPE: Halt
BULLETIN DATE: October 21, 2016
NEX Company
Effective at 11:53 a.m. PST, October 20, 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.
________________________________________
Tanqueray Exploration Ltd. ("TQY.H")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: October 21, 2016
NEX Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated October 21, 2016, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the change of business and/or Reverse Take-Over pursuant to Listings Policy 5.2.
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.
________________________________________
VATIC VENTURES CORP. ("VCV.H")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Private Placement-Non-Brokered
BULLETIN DATE: October 21, 2016
NEX Company
Property-Asset or Share Purchase Agreement
TSX Venture Exchange (the "Exchange") has accepted for filing an assignment and purchase agreement dated June 2, 2016 (the "Agreement") between Vatic Ventures Corp. (the "Company) and Red Branch Investments Ltd. ("Red Branch"). Pursuant to the Agreement, the Company has acquired the right to acquire 80% of the shares of Saksrithai Development Co. Ltd. ("Saksrithai").
Saksrithai holds two prospecting licenses in Thailand.
Consideration under the Agreement is 5,200,000 common shares of the Company to Red Branch, USD$220,000 to Saksrithai shareholders and incurring USD$1,400,000 in work exploration expenditures.
There is a 1% NSR payable to Red Branch on the two prospecting licenses. The NSR can be purchased by the Company for USD$1,000,000 at any time.
Insider / Pro Group Participation: N/A
For additional information please refer to the Company's news releases dated June 7, 2016, July 12, 2016 and October 21, 2016.
Private Placement-Non-Brokered
The Exchange has also accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 7, 2016:
| Number of Shares: |
7,091,157 shares |
|
| Purchase Price: |
$0.075 per share |
|
| Warrants: |
7,091,157 share purchase warrants to purchase shares |
|
| Warrant Exercise Price: |
$0.15 for two years |
|
| Number of Placees: |
23 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Units |
| Aggregate Pro Group Involvement |
P |
67,000 |
| [1 Placee] |
||
| Tom Wilson |
Y |
133,000 |
| Barry Coughlan |
Y |
133,333 |
| Firebrand Ventures Corp. (Nasim Tyab) |
Y |
146,666 |
| Finder's Fee: |
Leede Jones Gable receives 60,000 finder's warrants |
| Canaccord Genuity Corp. receives $502 and 6,700 finder's warrants |
Each finder's warrant is exercisable at $0.15 for two (2) years
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).
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SOURCE TSX Venture Exchange
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