VANCOUVER, March 15, 2017 /CNW/ -
TSX VENTURE COMPANIES
ARIZONA SILVER EXPLORATION INC. ("AZS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Mar 15, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Feb 23, 2017:
| Number of Shares: |
7,500,000 shares |
| Purchase Price: |
$0.20 per share |
| Number of Placees: |
74 Placees |
| Finder's Fee: |
|
| Sean Charland |
45,500 shares |
| David Vincent |
362,000 shares |
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.
________________________________________
BLUE RIVER RESOURCES LTD. ("BXR")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: March 15, 2017
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated March 7, 2017, the Exchange has been advised that the Cease Trade Orders, issued by the British Columbia Securities Commission and Ontario Securities Commission, dated March 7, 2017 have been revoked.
Effective at the opening, Thursday, March 16, 2017, trading will be reinstated in the securities of the Company.
________________________________________
COBALT POWER GROUP INC. ("CPO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 15, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 16, 2017 and March 10, 2017:
| Number of Shares: |
4,000,000 flow through shares |
| Purchase Price: |
$0.12 per flow through share |
| Number of Placees: |
26 Placees |
| Insider / Pro Group Participation: |
|
| Name |
Insider=Y / ProGroup=P |
# of Shares |
|
| Aggregate Pro Group Involvement |
P |
983,000 |
|
| [5 Placees] |
|||
| Finder's Fee: |
EMD Financial Inc. receives $3,384 and 28,200 non-transferable warrants. |
| Leede Jones Gable Inc. receives $6,120 and 51,000 non-transferable warrants. |
|
| Raymond James Ltd. receives $11,095.20 and 92,460 non-transferable warrants. |
|
| Each non-transferable warrant is exercisable for one share at a price of $0.16 for 18 months. |
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 March 10, 2017. [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.]
________________________________________
ESSEX MINERALS INC. ("ESX")
BULLETIN TYPE: Halt
BULLETIN DATE: March 15, 2017
TSX Venture Tier 2 Company
Effective at 5:35 a.m. PST, March 15, 2017, 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.
________________________________________
GITENNES EXPLORATION INC. ("GIT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 15, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Letter Agreement for Mineral Exploration and Mining Option Agreement dated February 14, 2017 between Gitennes Exploration Inc. (the Company) and Omineca Gold Ltd. (the Vendor) whereby the Company may acquire a 100% interest in the Snowbird Property (2,021 hectares) located 20 kilometers west of Fort St. James, BC. Consideration is 12,000,000 common shares and $1,500,000 in work expenditures prior to September 30, 2020. The property is subject to a 2% NSR which is capped at $1,300,000, reverting to a 1% NSR with no cap thereafter.
Finder's fees of $52,500 are payable prior to September 30, 2020 to Johnston-Sequoia Capital Corporation (Matt Johnston). A portion of the finder's fees may be settled in shares rather than cash.
________________________________________
IDENTILLECT TECHNOLOGIES CORP. ("ID")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 15, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 1, 2017:
| Number of Shares: |
3,200,000 shares |
| Purchase Price: |
$0.10 per share |
| Number of Placees: |
4 Placees |
The Company issued a news release on March 14, 2017 confirming closing of the private placement.
________________________________________
K2 GOLD CORPORATION ("KTO")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 15, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a letter agreement dated March 6, 2017 (the 'Agreement') between the Company and Commander Resources Ltd. (the 'Optionor'). Pursuant to the terms of the Agreement, the Company may acquire up to a 100% interest in the Flume Property in Yukon Territory (the 'Property'). To earn a 60% interest in the Property, the Company will make cash payments totalling $400,000 over a four-year period, will issue 1,000,000 shares in stages at a deemed price of $0.35 per share and complete $1,700,000 of exploration expenditures on the Property. To earn a further 40% interest, the Company will need to complete an additional $3,000,000 in work expenditures, make an additional cash payment of $250,000 and issue a further 2,000,000 shares by the seventh anniversary of the Agreement. Upon earning a 100% interest in the Property, and no later than when the Company commences the construction of a mine at the Property, the Company must make a payment of $10,000,000 to the Optionor, of which 50% may be paid in shares. The issuance of shares to fulfil this payment will be subject to the prior written approval of the Exchange. The Property is subject to an existing 2.5% NSR in favour of a third party, of which the Optionor may repurchase 1.5% for $1,500,000.
Please refer to the Company's news release dated March 6, 2017 for further details.
________________________________________
MOUNTAIN BOY MINERALS LTD. ("MTB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 15, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 7, 2016 and January 10, 2017:
| Number of Shares: |
2,993,666 Non Flow-through shares |
| Purchase Price: |
$0.06 per share |
| Warrants: |
2,993,666 share purchase warrants to purchase 2,993,666 shares |
| Warrant Exercise Price: |
$0.10 for a two year period, subject to an acceleration clause. |
| Number of Shares: |
650,000 Flow-through shares |
| Purchase Price: |
$0.08 per share |
| Warrants: |
650,000 share purchase warrants to purchase 650,000 shares |
| Warrant Exercise Price: |
$0.10 for a two year period, subject to an acceleration clause. |
| Number of Placees: |
9 Placees |
| Insider / Pro Group Participation: |
|
| Name |
Insider=Y / |
# of Shares |
| Rene Bernard |
Y |
200,000 |
| W&S Bernard Investments Ltd. (Wilfried Bernard) |
Y |
250,000 |
| Edward Kruchkowski |
Y |
416,666 |
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.]
________________________________________
PAN ANDEAN MINERALS LTD. ("PAD")
[formerly BCGOLD CORP. ("BCG")]
BULLETIN TYPE: Name Change
BULLETIN DATE: March 15, 2017
TSX Venture Tier 2 Company
Pursuant to a Directors' Resolution dated February 21, 2017, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening March 16, 2017, the common shares of Pan Andean Minerals Ltd. will commence trading on TSX Venture Exchange, and the common shares of BCGold Corp. will be delisted. The Company is classified as a 'Mineral Exploration/Development' company.
| Capitalization: |
Unlimited |
shares with no par value of which |
| 62,190,101 |
shares are issued and outstanding |
|
| Escrow: |
Nil |
|
| Transfer Agent: |
Computershare Investor Services Inc. |
|
| Trading Symbol: |
PAD |
(new) |
| CUSIP Number: |
69776P101 |
(new) |
________________________________________
RAINY MOUNTAIN ROYALTY CORP. ("RMO.WT")
BULLETIN TYPE: New Listing-Warrants
BULLETIN DATE: March 15, 2017May 11, 2001
TSX Venture Tier 2 Company
New Listing-Warrants:
Effective at the opening, Thursday, March 16, 2017, common share purchase warrants of Rainy Mountain Royalty Corp. (the "Company") will commence trading on the TSX Venture Exchange Inc. The Company is classified as a Tier 2 'Mining' company.
| Corporate Jurisdiction: |
British Columbia |
| Capitalization on Warrants: |
6,773,528 warrants with no par value |
| 6,773,528 warrants are issued and outstanding |
|
| Warrant Trading Symbol: |
RMO.WT (NEW) |
| Warrant CUSIP Number: |
75101U 12 9 (NEW) |
The warrants were issued pursuant to a recently completed rights offering undertaken by the Company.
Each warrant entitles the holder to purchase one common share of the Company at a price of $0.15 per share up to and including March 1, 2018 and a price of $0.25 from March 2, 2018 to March 1, 2019.
Refer to the Company's news releases dated March 2, 2017 and March 14, 2017 for further information.
________________________________________
SECURITY DEVICES INTERNATIONAL INC. ("SDZ")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 15, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 503,251 shares to settle fees for consulting services of US$50,000.
| Number of Creditors: |
1 Creditor |
| Insider / Pro Group Participation: |
|
| Creditor |
Insider=Y / |
Amount |
Deemed Price |
# of Shares |
| Northeast Industrial Partners |
Y |
US$50,000 |
$0.13 |
503,251 |
| (Bryan Ganz) |
For further information refer to the Company's news release dated March 9, 2017.
________________________________________
TEKMODO INDUSTRIES INC. ("TEK")
BULLETIN TYPE: Halt
BULLETIN DATE: March 15, 2017
TSX Venture Tier 2 Company
Effective at 5:50 a.m. PST, March 15, 2017, 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.
________________________________________
TEKMODO INDUSTRIES INC. ("TEK")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 15, 2017
TSX Venture Tier 2 Company
Effective at 7:00 a.m. PST, March 15, 2017, shares of the Company resumed trading, an announcement having been made.
________________________________________
TORQ RESOURCES INC. ("TORQ")
BULLETIN TYPE: Halt
BULLETIN DATE: March 15, 2017
TSX Venture Tier 2 Company
Effective at 4:54 a.m. PST, March 15, 2017, 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.
________________________________________
TORQ RESOURCES INC. ("TORQ")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 15, 2017
TSX Venture Tier 2 Company
Effective at 8:45 a.m. PST, March 15, 2017, shares of the Company resumed trading, an announcement having been made.
________________________________________
VAXIL BIO LTD. ("VXL")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 15, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,630,772 shares to settle outstanding debt of $289,384.59.
| Number of Creditors: |
4 Creditors |
| Insider / Pro Group Participation: |
|
| Creditor |
Insider=Y / |
Amount |
Deemed Price |
# of Shares |
| Sunel Securities Inc. |
||||
| (Serge Moyal, Isaac Maresky) |
Y |
$55,384.59 |
$0.11 |
503,497 |
| Saeid Babaei |
Y |
$96,000.00 |
" |
872,728 |
| Vaal Capital Corporation |
||||
| (Serge Moyal, Isaac Maresky) |
Y |
$96,000.00 |
" |
872,728 |
| Gadi Levin |
Y |
$42,000.00 |
" |
381,819 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
NEX COMPANIES
BENZ MINING CORP. ("BZ.H")
BULLETIN TYPE: Halt
BULLETIN DATE: March 15, 2017
NEX Company
Effective at 6:36 a.m. PST, March 15, 2017, 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.
________________________________________
BENZ MINING CORP. ("BZ.H")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: March 15, 2017
NEX Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated March 15, 2017, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Fundamental Acquisition pursuant to Listings Policy 5.6(d) of Exchange Policy 5.3.
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.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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