VANCOUVER, March 17, 2017 /CNW/ -
TSX VENTURE COMPANIES
ALTIPLANO MINERALS LTD. ("APN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 17, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with an option and joint venture agreement between Altiplano Minerals Ltd. ("Altiplano") and Comet Exploration Ltd. ("Comet") dated February 9, 2017 under which Altiplano has agreed to acquire up to a 50% interest in two copper and gold projects called the Farellon and Maria Luisa properties, which are located near the town of La Serena, Republic of Chile. Altiplano may earn up to a 50% interest in the joint venture by funding up to an aggregate of US$2,000,000 on or before August 1, 2017.
For additional information please refer to Altiplano's news release dated January 3, 2017.
Insider / Pro Group Participation: Nil.
_______________________________________
ANALYTIXINSIGHT INC. ("ALY")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 17, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with an asset purchase agreement (the "Agreement") among AnalytixInsight Inc. ("Analytix"), Euclides Technologies, Inc. ("Euclides") and the shareholders of Euclides under which Analytix has agreed to acquire certain assets from Euclides relating to Euclides' field service management integration and implementation business. As consideration Analytix must pay $200,000 and issue 5,389,400 common shares to Euclides.
For additional information please refer to Analytix' news release dated November 24, 2016.
Insider / Pro Group Participation: Nil.
________________________________________
APHRIA INC. ("APH")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: March 17, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue up to 150,000 common shares pursuant to an consultancy agreement between the Company and an arm's length party.
The Company shall issue a news release when the shares are issued.
________________________________________
ASCENDANT RESOURCES INC. ("ASND")
BULLETIN TYPE: Prospectus-Unit Offering
BULLETIN DATE: March 17, 2017
TSX Venture Tier 2 Company
Effective February 28, 2017, the Company's Short Form Prospectus dated February 28, 2017 qualifying the distribution of 20,500,000 units of the Company, was filed with and accepted by TSX Venture Exchange (the "Exchange"), and filed with and receipted by the Ontario Securities Commission. Under Multilateral Instrument 11-102 - Passport System the Prospectus is deemed to have been filed with and receipted by the securities regulators for each of the British Columbia, Alberta and New Brunswick Securities Commissions.
The Exchange has been advised that the closing of the offering occurred on March 7, 2017 for gross proceeds of CDN$20,038,750.
Offering: |
23,575,000 Units (includes the 3,075,000 Unit over-allotment option exercised in full) |
Unit Price: |
CDN$0.85 per Unit. Each Unit consists of one common share and one-half common share purchase warrant. |
Warrant Exercise Price/Term: |
Each whole warrant is exercisable into one common share at CDN$1.25 for a five year period. |
Underwriter: |
Eight Capital |
Underwriter's Commission: |
An aggregate cash commission of CDN$1,186,520 and 1,414,500 broker warrants. Each broker warrant entitles the holder to acquire one Unit at CDN$0.85 for a five year period. |
For further details, please refer to the Company's Short Form Prospectus dated February 28, 2017 and news release dated March 7, 2017.
______________________________________
ASHANTI SANKOFA INC. ("ASI")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: March 17, 2017
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: |
8,000,000 |
Original Expiry Date of Warrants: |
April 1, 2017 and May 11, 2017 |
New Expiry Date of Warrants: |
April 1, 2020 and May 11, 2020 |
Exercise Price of Warrants: |
$0.05 |
These warrants were issued pursuant to a private placement of 8,000,000 shares with 8,000,000 share purchase warrants attached, which was accepted for filing by the Exchange effective March 31, 2015 (first tranche of 5,000,000 units) and May 11, 2015 (2nd tranche of 3,000,000 units).
________________________________________
AURORA CANNABIS INC. ("ACB")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: March 17, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced January 24, 2017:
Number of Shares: |
33,337,500 shares |
|
Purchase Price: |
$2.25 per share |
|
Warrants: |
16,668,750 share purchase warrants to purchase 16,668,750 shares |
|
Warrant Exercise Price: |
$3.00 for a two year period |
|
Number of Placees: |
301 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
1613240 Ontario Ltd. |
||
(Amy Stephenson) |
Y |
5,000 |
Belot Business Consulting |
||
(Neil Belot) |
Y |
135,000 |
Chuck Rifici Holdings Inc. |
||
(Chuck Rifici) |
Y |
223,000 |
Lola Ventures |
||
(Terry Booth) |
Y |
224,600 |
Agent's Fee: |
$2,623,007.25 cash and 1,165,781 warrants payable to Canaccord |
|
Genuity Corp. |
||
$419,681.25 cash and 186,525 warrants payable to Cormark Securities Inc. |
||
$419,681.25 cash and 186,525 warrants payable to Mackie Research |
||
Capital Corporation |
||
$419,681.25 cash and 186,525 warrants payable to Eight Capital |
||
$314,761.50 and 139,894 warrants payable to GMP Securities L.P. |
||
Agent's fee warrants are exercisable into units at $2.25 per unit for two years, |
||
these units are under the same terms as those to be issued pursuant to the |
||
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 February 28, 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.
________________________________________
AUTOMOTIVE FINCO CORP. ("AFCC")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: March 17, 2017
TSX Venture Tier 2 Company
The Issuer has declared the following dividend(s):
Dividend per Common Share: |
$0.014 |
Payable Date: |
April 28, 2017 |
Record Date: |
March 31, 2017 |
Ex-Dividend Date: |
March 29, 2017 |
________________________________________
BLUEOCEAN NUTRASCIENCES INC. ("BOC")
BULLETIN TYPE: Private Placement-Non-Brokered, Correction
BULLETIN DATE: March 17, 2017
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated December 15, 2016, the Bulletin should have read as follows::
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 27, 2016:
Number of Shares: |
21,813,896 common shares |
|
Purchase Price: |
$0.11 per share |
|
Warrants: |
21,813,896 share purchase warrants attached to purchase 21,813,896 shares |
|
Warrant Exercise Price: |
$0.20 for a two year period |
|
Number of Placees: |
57 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Samuel Kanes |
Y |
996,460 |
Finders' Fees: |
an aggregate of $152,225 plus 1,310,894 finders/corporate finance warrants |
|
(each exercisable into one common share at a price of $0.115 for a two year |
||
period) is payable to Intrynsyc Capital Corporation, Kyle de Jong, Canaccord |
||
Genuity, Leede Jones Gable, Tormont Group (Pat Wood) and Peter Heimler. |
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.
________________________________________
BONTERRA RESOURCES INC. ("BTR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 17, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Mineral property Acquisition Agreement dated March 10, 2017 between Randall Salo, Jacques Robert, David Lefort, 9640355 Canada Corp. (Andrew McLellan), collectively, the "Vendors" and the Company whereby the Company purchased a 100% interest in a mineral claim located in the Larder Lake Mining Division, Ontario. Consideration is 100,000 common shares (25,000 to each Vendor).
________________________________________
COLORADO RESOURCES LTD. ("CXO")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 17, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with a purchase agreement dated March 13, 2017 (the "Agreement") between Colorado Resources Ltd. ("Colorado") and Firesteel Resources Ltd. ("Firesteel") pursuant to which Colorado has agreed to acquire a 100% interest in the ROK-COYOTE copper gold property.
Under the terms of the agreement, Colorado may acquire a 100% interest in the property, subject to underlying 2% NSR agreements to the underlying arm's length and non-arm's length original vendors (the "Original Vendors' NSR") for consideration of 1,500, 000 units of Colorado ("Consideration Units") to be issued to Firesteel within 5 days of Exchange approval. Each Consideration Unit will consist of one common share and one common share purchase warrant (a "Warrant"). Each Warrant will entitle Firesteel to purchase a further common share of Colorado at a purchase price of $0.45 per share for a period of 24 months.
The Original Vendors' NSR includes a 2% NSR agreement with arms-length parties on 3 claims ("ROK NSR"). The ROK NSR can be extinguished in its entirety for the purchase price of $2M. The Original Vendors' NSR also includes an agreement with arm's length and non-arm's length parties for a 2% NSR on 16 claims ("Real McCoy and Coyote NSR") of which 1% of the Real McCoy and Coyote NSR can be purchased for an aggregate $2M.
For additional information please refer to Colorado's news release dated March 13, 2017.
Insider / Pro Group Participation: Adam Travis, President and CEO of Colorado holds a 50% interest in the Real McCoy & Coyote NSR.
________________________________________
ESSEX MINERALS INC ("ESX")
BULLETIN TYPE: Prospectus-Share Offering – Correction
BULLETIN DATE: March 17, 2017
TSX Venture Tier 2 Company
Further to the Exchange's bulletins dated March 14, 2017 and March 16, 2017, the following details are corrected:
The Company has completed a distribution of 3,549,007 common shares at a price of $0.15 per share and 1,000,000 flow-through shares at a price of $0.20 per flow-through share, for aggregate gross proceeds received by the Company for the Offering of $732,351.05.
All other details in the bulletin remain unchanged.
________________________________________
ESSEX MINERALS INC. ("ESX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 17, 2017
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, March 17, 2017, shares of the Company resumed trading, an announcement having been made.
________________________________________
FINDEV INC. ("FDI")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: March 17, 2017
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
Dividend per Share: |
$0.0075 |
Payable Date: |
April 13, 2017 |
Record Date: |
March 31, 2017 |
Ex-Dividend Date: |
March 29, 2017 |
________________________________________
ITAFOS ("IFOS")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: March 17, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced March 2, 2017:
Number of Shares: |
19,883,128 shares |
|
Purchase Price: |
$2.10 per share |
|
Number of Placees: |
16 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Zaff LLC |
Y |
8,388,781 |
Brian Zatarain |
Y |
32,000 |
George David Delaney |
Y |
25,000 |
Agents' Fee: |
an aggregate of $1,441,105.72 is payable to Raymond James Ltd., and |
|
GMP Securities L.P. |
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.
________________________________________
KNIGHTSWOOD FINANCIAL CORP. ("KWF")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 17, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced :
Number of Shares: |
18,272,773 shares |
|
Purchase Price: |
$0.055 per share |
|
Warrants: |
18,272,773 share purchase warrants to purchase 18,272,773 shares |
|
Warrant Exercise Price: |
$0.07 for a two year period |
|
Number of Placees: |
19 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Aggregate Pro Group |
||
Involvement [3 Placees] |
P |
2,727,271 |
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 14, 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.]
________________________________________
LEXAGENE HOLDINGS INC. ("LXG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 17, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 14, 2017:
Number of Shares: |
6,685,363 shares |
|
Purchase Price: |
$0.30 per share |
|
Warrants: |
6,685,363 share purchase warrants to purchase 6,685,363 shares |
|
Warrant Exercise Price: |
$0.60 for a three year period, subject to an acceleration clause |
|
Number of Placees: |
63 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
John F. Regan |
Y |
30,000 |
Nicole Ridgedale |
Y |
250,000 |
Aggregate Pro Group |
||
Involvement [17 Placees] |
P |
1,410,500 |
Finder's Fee: |
Canaccord Genuity Corp. $19,965.45 cash payable. |
|
Canaccord Genuity Wealth Management (USA) Inc. $1,020 cash payable. |
||
Haywood Securities Inc. $26,452.50 cash payable. |
||
PI Financial Corp. $7,845 cash payable. |
||
Raymond James Ltd. $495 cash payable. |
||
Leede Jones Gable Inc. $1,275 cash payable. |
||
Qtrade Securities Inc. $1,995 cash payable. |
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.]
________________________________________
NATCORE TECHNOLOGY INC. ("NXT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 17, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Feb 18, 2017:
Number of Shares: |
650,000 shares |
Purchase Price: |
$0.34 per share |
Warrants: |
650,000 share purchase warrants to purchase 650,000 shares |
Warrant Initial Exercise Price: |
$0.40 |
Warrant Term to Expiry: |
3 Years |
Number of Placees: |
1 Placee |
Finder's Fee: |
|
Echelon Wealth Partners Inc. |
$15,470.00 cash; 45,500 warrants |
Finder Warrant Initial Exercise Price: |
$0.40 |
Finder Warrant Term to Expiry: |
Three year term |
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.
________________________________________
QUANTUM INTERNATIONAL INCOME CORP. ("QIC")
BULLETIN TYPE: Consolidation
BULLETIN DATE: March 17, 2017
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders on May 18, 2016, the Company has consolidated its capital on the basis of 3 existing common shares for 1 new common share. The name of the Company has not been changed.
Effective at the opening on Monday, March 20, 2017, the common shares of Quantum International Income Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Holding' company.
Post - Consolidation |
||
Capitalization: |
unlimited |
shares with no par value of which |
60,486,296 |
shares are issued and outstanding |
|
Escrow: |
900,000 |
shares |
Transfer Agent: |
TSX Trust Company |
|
Trading Symbol: |
QIC |
(unchanged) |
CUSIP Number: |
74766M308 |
(NEW) |
________________________________________
QUATERRA RESOURCES INC. ("QTA")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 17, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 880,898 shares at a deemed price of $0.12 per share to settle outstanding debt for US$79,972.60.
Number of Creditors: |
2 Creditors |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
RATHDOWNEY RESOURCES LTD. ("RTH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 17, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 11, 2017:
Number of Shares: |
221,228,610 shares |
|
Purchase Price: |
$0.19 per share |
|
Warrants: |
21,228,610 share purchase warrants to purchase 21,228,610 shares |
|
Warrant Exercise Price: |
$0.24 for a two year period |
|
Number of Placees: |
32 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Aggregate Pro Group |
||
Involvement [3 Placees] |
P |
726,313 |
Finder's Fee: |
Trimark Capital (Abdul Shariff) receives $60,000 |
|
Haywood Securities Inc. receives $2,280 |
||
PI Financial Inc. receives $3,990 |
||
599189 British Columbia Ltd. (Dickson Hall) receives $28,167.07 and |
||
148,247 units with the same terms as the above private placement. |
||
Canaccord Genuity Corp. receives $342 |
||
The Sutton Group Inc. ((Faysal Al-Sudairy) receives $95,200 |
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 February 27, 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.]
________________________________________
REPLICEL LIFE SCIENCES INC. ("RP")
BULLETIN TYPE: Warrant Price Amendment
BULLETIN DATE: March 17, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has consented to the reduction in the exercise price of the following warrants:
Private Placement: |
|
# of Warrants: |
164,356* |
Expiry Date of Warrants: |
April 10, 2017 |
Forced Exercise Provision: |
If the closing price for the Company's shares is $1.37 |
or greater for a period of 10 consecutive trading days, |
|
then the warrant holders will have 30 days to exercise |
|
their warrants; otherwise the warrants will expire on |
|
the 31st day. |
|
Original Exercise Price of Warrants: |
$5.00* |
New Exercise Price of Warrants: |
$1.14 |
These warrants were issued pursuant to a private placement at $0.31 per share and $0.50 per warrant on April 10, 2013 and May 21, 2013. The warrant term was previously extended as approved on April 7, 2015 and April 14, 2016.
Private Placement: |
|
# of Warrants: |
173,900* |
Expiry Date of Warrants: |
November 20, 2017 |
Forced Exercise Provision: |
If the closing price for the Company's shares is $1.37 |
or greater for a period of 10 consecutive trading days, |
|
then the warrant holders will have 30 days to exercise |
|
their warrants; otherwise the warrants will expire on |
|
the 31st day. |
|
Original Exercise Price of Warrants: |
$4.00* |
New Exercise Price of Warrants: |
$1.14 |
These warrants were issued pursuant to a private placement of 1,739,000 shares with 1,739,000 share purchase warrants attached, which was accepted for filing by the Exchange effective November 27, 2015.
*post-consolidation
________________________________________
RIO SILVER INC. ("RYO")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 17, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 3,059,669 shares at a deemed price of $0.08 per share to settle outstanding debt for $244,773.50.
Number of Creditors: |
8 Creditors |
|||
Insider / Pro Group Participation: |
||||
Insider=Y / |
Amount |
Deemed Price |
||
Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
Edward J. Badida |
Y |
$3,390 |
$0.08 |
42,375 |
Richard Mazur |
Y |
$34,784 |
$0.08 |
434,800 |
Single Jack Research & |
||||
Exploration Ltd. |
||||
(Jeffrey Reeder) |
Y |
$36,160 |
$0.08 |
452,000 |
Steve Brunelle |
Y |
$10,143 |
$0.08 |
126,788 |
1560498 Alberta Ltd. |
||||
(Ryan Grywul) |
Y |
$19,976 |
$0.08 |
249,700 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
ROCK TECH LITHIUM INC. ("RCK")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: March 17, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 14,444 shares at a deemed price of $0.90, in consideration of certain services provided to the company pursuant to an agreement dated December 21, 2016.
The Company shall issue a news release when the shares are issued.
________________________________________
ROLL-UP CAPITAL CORP. ("ROL.P")
BULLETIN TYPE: CPC-Filing Statement
BULLETIN DATE: March 17, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's CPC Filing Statement dated March 16, 2017, for the purpose of the Qualifying Transaction disclosure and filing on SEDAR.
Trading in the shares of the Company will remain halted.
________________________________________
SMARTCOOL SYSTEMS INC. ("SSC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Mar 17, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Mar 16, 2017:
Number of Shares: |
20,000,000 shares |
Purchase Price: |
$0.02 per share |
Warrants: |
20,000,000 share purchase warrants to purchase 20,000,000 shares |
Warrant Initial Exercise Price: |
$0.05 |
Warrant Term to Expiry: |
3 Years |
Number of Placees: |
14 Placees |
Finder's Fee: |
|
Canaccord Genuity Corp. |
$4,960.00 cash; 248,000 warrants |
Finder Warrant Initial Exercise Price: |
$0.05 |
Finder Warrant Term to Expiry: |
Non-transferable warrants, exercise price $0.05, expiry date Mar 15/2020. |
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.
________________________________________
VVC EXPLORATION CORPORATION ("VVC")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s, Amendment
BULLETIN DATE: March 17, 2017
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated November 30, 2016, the Exchange has accepted an amendment with respect to a Non-Brokered Private Placement announced November 22, 2016:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 22, 2016:
Convertible Debenture: |
CDN$1,436,970 (US$885,000 and CDN$267,000) |
|
Conversion Price: |
Convertible into shares at CDN$0.05 in the first year and CDN$0.10 |
|
of principle per share until maturity |
||
Maturity Date: |
November 30, 2021 |
|
Interest Rate: |
12% per annum |
|
Warrants: |
21,972,000 detachable share purchase warrants to purchase |
|
21,972,000 shares |
||
Warrant Exercise Price |
$0.05 for a five year period |
|
Number of Placees: |
23 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
Amount |
Terrence F. Martell |
Y |
US$55,000 |
James A Culver |
Y |
CDN$133,250 |
Ressources Orford Inc. |
||
(Andre St. Michel) |
Y |
CDN$75,000 |
Kevin Barnes |
Y |
CDN$25,000 |
Palos Merchant Fund LP |
Y |
CDN$75,000 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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.
________________________________________
ZECOTEK PHOTONICS INC. ("ZMS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 17, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 14, 2017:
Number of Shares: |
1,255,000 shares |
Purchase Price: |
$0.30 per share |
Warrants: |
1,255,000 share purchase warrants to purchase 1,255,000 shares |
Warrant Exercise Price: |
$0.43 for a two year period |
Number of Placees: |
2 placees |
Finder's Fee: |
$14,070 plus 46,900 finder's warrants to Gravitas Securities Inc. |
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NEX COMPANIES
VELOCITY MINERALS LTD. ("VLC.H")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 17, 2016
NEX Company
Effective at the market open, Monday, March 20, 2017, trading in the Company's shares will resume.
This resumption of trading does not constitute acceptance of the Company's previously announced transaction between the Company and 1077076 B.C. Ltd. (the "Proposed Transaction"), as described in the Company's news release dated February 6, 2017, and should not be construed as an assurance of the merits of the Proposed Transaction or the likelihood of completion.
Completion of the Proposed Transaction is subject to a number of conditions, including but not limited to TSX Venture Exchange Inc. acceptance. There is a risk that the Proposed Transaction will not be accepted or that the terms of the Proposed Transaction may change substantially prior to acceptance. SHOULD THIS OCCUR, A TRADING HALT MAY BE RE-IMPOSED.
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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