VANCOUVER, Nov. 7, 2016 /CNW/ - TSX VENTURES COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: November 4, 2016
TSX Venture Company
A Cease Trade Order has been issued by the British Columbia Securities Commission on November 4, 2016 against the following company for failing to file the documents indicated within the required time period:
Symbol |
Tier |
Company |
Failure to File |
Period |
ARK |
2 |
Archer Petroleum Corp. |
interim financial report |
2016/08/31 |
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.
________________________________________
ACASTI PHARMA INC. ("ACST")
[formerly Acasti Pharma Inc. ("APO")]
BULLETIN TYPE: Symbol Change
BULLETIN DATE: November 7, 2016
TSX Venture Tier 2 Company
Effective at the opening, Tuesday, November 8, 2016, the trading symbol for the Company will change from "APO" to "ACST". There is no change in the company's name, no change in its CUSIP number and no consolidation of capital. The Company is classified as a "Research and Development in the Physical, Engineering and Life Sciences" company (NAICS Number: 54171).
ACASTI PHARMA INC. ("ACST")
[anciennement Acasti Pharma inc. ("APO")]
TYPE DE BULLETIN : Changement de symbole
DATE DU BULLETIN : Le 7 novembre 2016
Société du groupe 2 de TSX Croissance
A l'ouverture des marchés le mardi 8 novembre 2016, le symbole boursier de la société sera changé de "APO" à "ACST". Il n'y a pas de changement de dénomination sociale, pas de changement au numéro de CUSIP et pas de consolidation du capital-actions. La société est catégorisée comme une société de "Recherche et développement en sciences physiques, en génie et en sciences de la vie" (numéro SCIAN : 54171).
_________________________________
ACL INTERNATIONAL LTD. ("ACL")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: November 7, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 320,000 Warrants in connection with a Amended and Restated Loan Agreement (the "Agreement") with a new advance ("New Advance") of USD$355,000. The Loan also has an existing outstanding amount of USD$645,000 ("Existing Advance").
The Maturity date for the New Advance will be January 6, 2017, and it will bear an interest rate of 9% per annum. The Existing Advance interest rate will also be increased from 6.75% to 9%. The Warrants are exercisable until the loan repayment date, or January 6, 2017. The Warrants are exercisable at a price of $0.10.
Number of Creditors: |
1 Creditors |
Insider / Pro Group Participation: |
None |
________________________________________
ADVANCED PROTEOME THERAPEUTICS CORPORATION ("APC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 7, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced October 25, 2016:
Number of Shares: |
2,600,000 shares |
Purchase Price: |
$0.05 per share |
Warrants: |
2,600,000 share purchase warrants to purchase 2,600,000 shares |
Warrant Exercise Price: |
$0.10 for a one year period |
Number of Placees: |
2 Placees |
Insider / Pro Group Participation:
Name |
Insider=Y / |
# of Shares |
Alexander Krantz |
Y |
600,000 |
Finder's Fee: |
Haywood Securities Inc. will receive a finder's fee of $7,500.00. |
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). 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.
________________________________________
AGILITY HEALTH INC. ("AHI")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 7, 2016
TSX Venture Tier 1 Company
Effective at 11:00 a.m. PST, November 7, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
ARCTIC HUNTER ENERGY INC. ("AHU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 7, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 24, 2016:
Number of Shares: |
700,000 shares |
Purchase Price: |
$0.05 per share |
Warrants: |
700,000 share purchase warrants to purchase 700,000 shares |
Warrant Exercise Price: |
$0.10 for a two year period |
Number of Placees: |
4 Placees |
Insider / Pro Group Participation:
Name |
Insider=Y / |
# of Shares |
Tim Coupland |
Y |
200,000 |
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.
________________________________________
AUMENTO CAPITAL V CORPORATION ("AMN.P ")
BULLETIN TYPE: Halt
BULLETIN DATE: November 7, 2016
TSX Venture Tier 2 Company
Effective at 5:13 a.m. PST, November 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.
________________________________________
CENTURION MINERALS LTD. ("CTN")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: Novmember 7, 2016
TSX Venture Tier 2 Company
Further to the Exchange bulletin dated October 24, 2016, sections of the bulletin have been amended as follows:
Number of Shares: |
7,726,841 shares |
Warrants: |
7,726,841 share purchase warrants to purchase 7,726,841 shares |
Number of Placees: |
24 Placees |
Finder's Fee: |
$4,760 cash payable to Sheldon Swaye |
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.
________________________________________
COLIBRI RESOURCE CORPORATION ("CBI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 7, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 26, 2016:
Number of Shares: |
2,667,166 shares |
Purchase Price: |
$0.15 per share |
Warrants: |
2,667,166 share purchase warrants to purchase 2,667,166 shares |
Warrant Exercise Price: |
$0.25 for a two year period |
Number of Placees: |
23 Placees |
Finder's Fee: |
$30,806 cash and 205,373 warrants payable to Haywood Securities Inc. |
Finder's fee warrants are exercisable at $0.25 per share for two years. |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
________________________________________
CUP CAPITAL CORP. ("CPU.P")
BULLETIN TYPE: Halt
BULLETIN DATE: November 7, 2016
TSX Venture Tier 2 Company
Effective at 10:54 a.m. PST, November 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.
________________________________________
DUALEX ENERGY INTERNATIONAL INC. ("DXE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 7, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Private Placement announced September 30, 2016:
Number of Units: |
81,050,000 common share units ("Units"). Each Unit consists of one common share ("Share") and one half of one common share purchase warrant ("Warrant"), with each full Warrant exercisable for two years at a price of $0.015. |
Purchase Price: |
$0.01 |
Warrants: |
40,525,000 |
Warrant Exercise Price: |
$0.015 |
Number of Placees: |
27 Placees |
Insider / Pro Group Participation:
Name |
Insider=Y / |
# of Units |
Jason Schoenfeld |
Y |
1,000,000 |
Lorne Morozoff |
Y |
1,000,000 |
Robb Thompson |
Y |
500,000 |
Finder's Fee: |
None |
________________________________________
EESTOR CORPORATION ("ESU")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: November 7, 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: |
3,704,000 |
Original Expiry Date of Warrants: |
May 14, 2015 |
Previously Extended Expiry Date of Warrants: |
November 14, 2016 |
New Expiry Date of Warrants: |
March 31, 2017 |
Exercise Price of Warrants: |
$1.50 |
These warrants were issued pursuant to a private placement of 3,704,000 shares with 3,704,000 share purchase warrants attached, which was accepted for filing by the Exchange effective November 25, 2013. The term of the warrants was previously extended, which was accepted for filing by the Exchange effective April 29, 2015.
________________________________________
EMPIRE ROCK MINERALS INC. ("EPR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 7, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Property Purchase Agreement dated October 11, 2016 between William J. Richmond, Kenneth G. Stewart (collectively the "Sellers") and Empire Rock Minerals Inc. (the "Company"), whereby the Company has agreed to purchase a 100% interest in one claim unit in the Orbit Lake area in the Thunder Bay Mining Division, Ontario. In consideration, the Company will pay $7,000 in cash and issue 25,000 common shares to the Sellers. The Orbit Property is subject to a NSR of 1.5%, half of which may be purchased by the Company at any time by paying $250,000 in cash.
________________________________________
ERIN VENTURES INC. ("EV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 7, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 26, 2016:
Number of Securities: |
7,001,500 common share units ("Units"). Each unit consists of one common share and one share purchase warrant |
Purchase Price: |
$0.05 per Unit |
Warrants: |
7,001,500 share purchase warrants |
Warrant Exercise Price: |
The Warrants are exercisable for three (3) years at a price of $0.10 in year one, $0.20 in year two, and $0.30 in year three. Additionally, the Warrants will be subject to an accelerated exercise clause (the "Clause"). The Clause states that in the event the Shares of the company close on the Exchange at a price equal or greater than the designated trigger price for more than twenty (20) consecutive trading days, the Company shall have the right to give written notice to the holder requiring the holder to exercise the Warrant, in whole or in part, within a period of thirty (30) days from the date of receipt of notice from the Company. Any portion of the Warrant remaining unexercised after the expiration of the 30 day period will be cancelled and will thereafter, be void and of no force or effect. The designated trigger price is $0.20 per share in the first year, $0.40 per share in the second year, and $0.60 in the third year. |
Number of Placees: |
19 Placees |
Insider / Pro Group Participation: |
None |
Finder's Fee: |
$3,750 cash payable to Marc Foschia |
$937.50 cash payable to Lamont Stradeski |
|
$9,250 cash payable to John Wiebe |
________________________________________
ERIN VENTURES INC. ("EV")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture
BULLETIN DATE: November 7, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 26, 2016:
Convertible Debenture: |
$50,000 |
Conversion Price: |
Convertible into Units of the issuer once every 12 months. Each Unit is comprised of (1) common share and (1) common share purchase warrant (the "Unit"). Each warrant will be exercisable for a one year period at a 50% premium to the Unit Price, subject to a minimum exercise price of $0.10. |
Formula to determine the number of Units issued upon conversion (the "Unit Price") will be, subject to a minimum conversion of $0.10 after the first year: as follows: |
|
a) If the Market Price is $0.10 or less, then Unit price will be Market price less 20%, subject to a minimum of $0.06 |
|
b) If the Market Price is between $0.11 and $0.50, then the Unit price will be Market Price less 10%; and |
|
c) If the Market Price is greater than $0.50, then Unit price will be Market Price less 5% |
|
Each Warrant will be exercisable for a one (1) year period at a 50% premium to the Unit Price, subject to the minimum exercise price of $0.10. |
|
Maturity date: |
June 1, 2019 |
Interest rate: |
Annual interest rate of 12%, payable semi-annually in arrears. Payments will be comprised of 50% cash and 50% common shares, subject to the right of the holder to have the entire Interest payment in shares. Price of common shares to be issued to satisfy interest payments will be determined by volume weighted average trading price of common shares of Erin for 10 trading days preceding each Interest payment due date, subject to a minimum of $0.06. |
Number of Placees: |
1 Placee |
Insider / Pro Group Participation: |
None |
Agent's Fee: |
None |
________________________________________
INSPIRA FINANCIAL INC. ("LND")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Correction
BULLETIN DATE: November 7, 2016
TSX Venture Tier 1 Company
Further to our bulletin dated June 28, 2016, and the Company's news release dated November 1, 2016, the consideration for the acquisition is an aggregate of 8,347,481 shares to the vendors, plus an additional 600,000 shares as consulting fees.
For more information, refer to the Company's news release dated November 1, 2016.
________________________________________
INSPIRA FINANCIAL INC. ("LND")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: November 7, 2016
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
Dividend per Share: |
$0.0055 |
Payable Date: |
November 30, 2016 |
Record Date: |
November 16, 2016 |
Ex-distribution Date: |
November 14 |
________________________________________
KOOTENAY SILVER INC. ("KTN")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: November 7, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 337,228 shares at a deemed price of $0.40, in consideration of certain service agreements between the company and certain employees and consultants of Northair Silver Corp.
Insider / Pro Group Participation:
Creditor |
Insider=Y / Progroup=P |
Amount Owing |
Deemed Price per Share |
# of Shares |
Andrea Zaradic |
Y |
$35,417.20 |
$0.40 |
88,543 |
The Company issued a news release on October 5, 2016 regarding these share issuances.
________________________________________
KOOTENAY SILVER INC. ("KTN")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 7, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 100,000 shares at a deemed price of $0.40 per share to settle outstanding debt for $40,000.
Number of Creditors: |
2 Creditors |
The Company issued a news release on October 5, 2016 regarding this debt settlement.
________________________________________
MARGAUX RESOURCES LTD ("MRL")
BULLETIN TYPE: Private Placement, Amendment
BULLETIN DATE: November 7, 2016
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated August 9, 2016, the Exchange has accepted an amendment with respect to a Non-Brokered Private Placement announced May 25, 2016:
Number of Units: |
3,420,000 Common Share Units ("Units"). |
Warrants: |
3,420,000 |
All other information remains the same.
________________________________________
NORONT RESOURCES LTD. ("NOT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 7, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 1, 2016:
Number of Shares: |
9,299,666 flow-through shares |
Purchase Price: |
$0.30 per share |
Number of Placees: |
5 Placees |
Insider / Pro Group Participation:
Name |
Insider=Y / |
# of Shares |
Ryan Weston |
Y |
100,000 |
Finder's Fee: |
an aggregate of $137,995 is payable to Secutor Capital Management Corp. |
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.
________________________________________
NORTHERN VERTEX MINING CORP. ("NEE")
BULLETIN TYPE: Halt
BULLETIN DATE: November 7, 2016
TSX Venture Tier 2 Company
Effective at 8:54 a.m. PST, November 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.
________________________________________
NORTHERN VERTEX MINING CORP. ("NEE")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 7, 2016
TSX Venture Tier 2 Company
Effective at 11:00 a.m. PST, November 7, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
OMINECA MINING & METALS LTD. ("OMM")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s, Amendment
BULLETIN DATE: November 7, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing, an amendment to the conversion price of a Non-Brokered Private Placement dated October 1, 2013:
Convertible Debenture |
$5,400,000 (Unchanged) |
Conversion Price: |
Convertible into common shares ("Shares") at $0.20 if converted prior to October 1, 2017; convertible into Shares at $0.50 if converted after October 1, 2017 but prior to October 1, 2018; convertible into Shares at $0.75 after October 1, 2018. |
Maturity date: |
October 1, 2021 |
Interest rate: |
8% (Unchanged) |
Number of Placees: |
1 Placee (Unchanged) |
Finder's Fee: |
None (Unchanged) |
________________________________________
PETROLIA INC. ("PEA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 7, 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: |
6,077,579 flow-through common shares |
Purchase Price: |
$0.19 per flow-through common share |
Number of Placees: |
10 Placees |
Insider / Pro Group Participation: |
Nil |
Finders: |
Secutor Capital Management and EMD Financial Inc. |
Finder's Fee: |
The finders collectively received $79,284 in cash. |
The Company has confirmed the closing of the above-mentioned Private Placement, via the issuance of a press release dated October 27, 2016.
PÉTROLIA INC. ("PEA")
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 7 novembre 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 : |
6 077 579 actions ordinaires accréditives |
Prix : |
0,19 $ par action ordinaire accréditive |
Nombre de souscripteurs : |
10 souscripteurs |
Participation Initié / Groupe Pro : |
Aucun |
Intermédiaires : |
Secutor Capital Management et EMD Financial Inc. |
Commission aux intermédiaires : Les intermédiaires ont reçu collectivement 79 284 $ en espèces.
La société a confirmé la clôture du placement privé mentionné ci-dessus par voie de l'émission d'un communiqué de presse daté le 27 octobre 2016.
__________________________________
PROSPER GOLD CORP. ("PGX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 7, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 1, 2016:
Number of Shares: |
4,772,357 flow through shares |
Purchase Price: |
$0.35 per flow through share |
Warrants: |
2,386,178 share purchase warrants to purchase 2,386,178 shares |
Warrant Exercise Price: |
$0.55 for a three year period |
Number of Placees: |
10 Placees |
Finder's Fee: |
Secutor Capital Management Corp. receives $107,719.50 and 286,341 non-transferable warrants, each exercisable for one share at a price of $0.55 per share for a three year period. |
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 on November 1, 2016. [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.]
________________________________________
QMX GOLD CORPORATION ("QMX")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 7, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 315,028 shares to settle outstanding debt for $31,502.80.
Number of Creditors: |
3 Creditors |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
REPLICEL LIFE SCIENCES INC. ("RP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 7, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 14, 2016 and October 7, 2016:
Number of Shares: |
8,199,999 shares |
Purchase Price: |
$0.52 per share |
Warrants: |
8,199,999 share purchase warrants to purchase 8,199,999 shares |
Warrant Exercise Price: |
$0.85 for a two year period, subject to acceleration in the event that the closing price is greater than $1.50 for a period of 10 consecutive trading days at any time after four months and one day from closing. In which case, the Company may give notice that the warrants will expire on the 30th day from such notice. |
Number of Placees: |
139 Placees |
Insider / Pro Group Participation:
Name |
Insider=Y / |
# of Shares |
Aggregate Pro Group Involvement |
P |
872,499 |
Finder's Fee: |
Canaccord Genuity Corp. receives $29,596.79 and 56,917 non-transferable warrants, each exercisable at $0.85 for two years. |
Industrial Alliance Securities receives $3,120.00 and 6,000 non-transferable warrants, each exercisable at $0.85 for two years. |
|
Haywood Securities Inc. receives $36,469.18 and 70,133 non-transferable warrants, each exercisable at $0.85 for two years. |
|
Raymond James Ltd. receives $4,804.80 and 9,240 non-transferable warrants, each exercisable at $0.85 for two years. |
|
Echelon Wealth Partners Inc. receives $63,866.93 and 122,821 non-transferable warrants, each exercisable at $0.85 for two years. |
|
PI Financial Corp. receives $6,552.00 and 12,600 non-transferable warrants, each exercisable at $0.85 for two years. |
|
Mackie Research Capital Corp. receives $6,084.00 and 11,700 non-transferable warrants, each exercisable at $0.85 for two years. |
|
Leede Jones Gable Inc. receives $9,360.00 and 18,000 non-transferable warrants, each exercisable at $0.85 for two years. |
|
GMP Securities LP receives $1,497.60 and 2,880 non-transferable warrants, each exercisable at $0.85 for two years. |
|
EDM Financial Inc. receives $15,444.00 and 29,700 non-transferable warrants, each exercisable at $0.85 for two years. |
|
Caerus Management Ltd. (Taylor MacDonald) receives 12,000 units with the same terms as the above private placement. |
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 on October 31, 2016. [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.]
________________________________________
VENDOME RESOURCES CORP. ("VDR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 7, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to an Option Purchase Agreement (the "Agreement") dated September 29, 2016 between an arm's length party (the "Vendor") and Vendome Resources Corp. (the "Company"). Pursuant to the Agreement, the Company shall have the option to acquire a 100% interest in the Mont Sorcier Vanadium-Iron-Titanium project, which is made up of 57 cells covering the historic Mont Sorcier and is located in Roy Township, Quebec.
In consideration, the Company shall pay an aggregate of $150,000 plus issue 2,750,000 common shares to the Vendor. Further, the Company must incur exploration expenditures of $1,000,000 over a two year period.
In addition, the Company shall issue 300,000 finder's shares payable to Nathan Rotstein in connection with the transaction.
For more information, refer to the Company's news releases dated October 3, 2016.
________________________________________
VENTRIPOINT DIAGNOSTICS LTD. ("VPT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 7, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 461,538 shares to settle outstanding debt for $60,000 interest owed to debentureholders in lieu of cash.
Number of Creditors: |
7 Creditors |
Insider / Pro Group Participation:
Creditor |
Insider=Y / Progroup=P |
Amount Owing |
Deemed Price per Share |
# of Shares |
Aggregate Pro Group Involvement |
P |
$3,600 |
$0.13 |
27,692 |
Warrants: |
None |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
NEX COMPANIES
A.I.S. RESOURCES LIMITED ("AIS.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 7, 2016
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 25, 2016:
Number of Shares: |
2,000,000 shares |
Purchase Price: |
$0.25 per share |
Warrants: |
2,000,000 half share purchase warrants to purchase 1,000,000 shares |
Warrant Exercise Price: |
$0.40 for a one year period. The warrants are subject to an accelerated exercise provision in the event the Company's shares are equal to or greater than $0.50 for 15 consecutive trading days. |
Number of Placees: |
29 Placees |
Insider / Pro Group Participation:
Name |
Insider=Y / |
# of Shares |
Marc Enright-Morin |
Y |
100,000 |
Martyn Element |
Y |
180,000 |
Philip Thomas |
Y |
100,000 |
Aggregate Pro Group Involvement |
982,000 |
Finder's Fee: |
Mackie Research Capital Inc. will receive a finder's fee of $24,480 and 48,960 Broker Warrants that are exercisable into common shares at $0.40 per share for a one year period. |
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.
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SPARTA CAPITAL LTD. ("SAY.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 7, 2016
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 25, 2016:
Number of Shares: |
4,366,000 shares |
Purchase Price: |
$0.05 per share |
Warrants: |
4,366,000 share purchase warrants to purchase 4,366,000 shares |
Warrant Exercise Price: |
$0.05 for a one year period |
Number of Placees: |
17 Placees |
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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