VANCOUVER, May 17, 2017 /CNW/ -
TSX VENTURE COMPANIES
AVANTI ENERGY INC. ("AVN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 17, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Apr 04, 2017:
Number of Shares: |
8,888,000 shares |
Purchase Price: |
$0.07 per share |
Warrants: |
8,888,000 share purchase warrants to purchase 8,888,000 shares |
Warrant Initial Exercise Price: |
$0.15 |
Warrant Term to Expiry: |
1 Year |
Number of Placees: |
25 Placees |
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
Pacific Equity Management Corp. |
Y |
3,600,000 |
(Douglas Ford) |
||
(Karl Kottmeier) |
||
(Kirk Gamley) |
||
Kirk Gamley |
Y |
1,000,000 |
Aggregate Pro-Group Involvement [6 Placees] |
P |
950,000 |
Finder's Fee: |
|
Leede Jones Gable Inc. |
21,000 shares; 21,000 warrants |
PI Financial Corp. |
$1,470.00 cash |
Raymond James Ltd. |
$5,889.80 cash |
Canaccord Genuity Corp. |
$5,076.40 cash |
Finder Warrant Initial Exercise Price: |
$0.15 |
Finder Warrant Term to Expiry: |
1 year Identical to Unit wts |
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.
________________________________________
CANAMEX RESOURCES CORP. ("CSQ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 17, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 12, 2017:
Number of Shares: |
20,741,350 shares |
Purchase Price: |
$0.12 per share |
Warrants: |
20,741,350 share purchase warrants to purchase 20,741,350 shares |
Warrant Initial Exercise Price: |
$0.20 |
Warrant Term to Expiry: |
5 Years |
Number of Placees: |
105 Placees |
Finder's Fee: |
|
David John Vincent |
1,258,205 shares; 1,258,205 warrants |
PI Financial Corp. |
3,500 shares; 3,500 warrants |
Mark Turcotte |
14,000 shares; 14,000 warrants |
Joseph Charland |
24,500 shares; 24,500 warrants |
Haywood Securities Inc. |
15,750 shares; 15,750 warrants |
Finder Warrant Initial Exercise Price: |
$0.20 |
Finder Warrant Term to Expiry: |
Same as financing warrants. |
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.
________________________________________
CLAIM POST RESOURCES INC ("CPS")
BULLETIN TYPE: Halt
BULLETIN DATE: May 17, 2017
TSX Venture Tier 2 Company
Effective at 8:53 a.m. PST, May 17, 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.
________________________________________
CLAIM POST RESOURCES INC ("CPS")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 17, 2017
TSX Venture Tier 2 Company
Effective at 10:00 a.m. PST, May 17, 2017, shares of the Company resumed trading, an announcement having been made.
________________________________________
COLIBRI RESOURCE CORPORATION ("CBI")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 17, 2017
TSX Venture Tier 2 Company
Effective at the open, Thursday, May 18, 2017, trading in Colibri Resource Corporation's ("Colibri") common shares will resume, satisfactory documentation having been received by the TSX Venture Exchange Inc. in respect of a letter of intent dated December 15, 2016 (the "Agreement") between the Company, Canadian Gold Resources Ltd. ("CGR") and ONTOP Capital Limited ("ONTOP") under which the Company has agreed to acquire all of the issued and outstanding shares of CGR from ONTOP (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. Colibri 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 December 16, 2016 which is available under Colibri's profile on SEDAR.
________________________________________
DECADE RESOURCES LTD. ("DEC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 17, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 9, 2017:
Number of Shares: |
10,700,000 shares |
Purchase Price: |
$0.06 per share |
Warrants: |
10,700,000 share purchase warrants to purchase 10,700,000 shares |
Warrant Exercise Price: |
$0.08 for a two year period |
Number of Placees: |
12 Placees |
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
Edward Kruchkowski |
Y |
500,000 |
Aggregate Pro Group Involvement |
P |
1,250,000 |
[1 Placee] |
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.
________________________________________
DISCOVER-CORP ENTERPRISES INC. ("DCY")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: May 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: |
2,000,000 |
Original Expiry Date of Warrants: |
June 16, 2017 |
New Expiry Date of Warrants: |
June 16, 2020 |
Exercise Price of Warrants: |
$0.10 |
These warrants were issued pursuant to a private placement of 2,000,000 shares with 2,000,000 share purchase warrants attached, which was accepted for filing by the Exchange effective on June 19, 2015.
________________________________________
DYNACERT INC. ("DYA")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 17, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 723,959 common shares at a deemed value of CDN$1.00 per share to settle outstanding debt for CDN$723,959.
Number of Creditors: |
2 Creditors |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
EAST ASIA MINERALS CORPORATION ("EAS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 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 17, 2017:
Number of Shares: |
27,519,668 shares |
Purchase Price: |
$0.12 per share |
Warrants: |
13,759,834 share purchase warrants to purchase 13,759,834 shares |
Warrant Exercise Price: |
$0.50 for a five year period |
Number of Placees: |
120 Placees |
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
Aggregate Pro Group Involvement |
P |
4,863,334 |
[11 Placees] |
Finder's Fee: |
$7,224 cash and 60,200 warrants payable to Leede Jones Gable Inc. |
$76,510.01 cash and 637,583 warrants payable to Haywood Securities Inc. |
|
$87,847.20 cash and 732,060 warrants payable to PI Financial Corp. |
|
$19,950 cash and 166,250 warrants payable to Hampton Securities Inc. |
|
$15,400.01 cash and 128,333 warrants payable to Canaccord Genuity Corp. |
|
$1,764 cash and 14,700 warrants payable to Chippingham Financial Group |
|
Finder's fee warrants are exercisable at $0.12 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.
________________________________________
ELY GOLD & MINERALS INC. ("ELY")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Amendment
BULLETIN DATE: May 17, 2017
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange's bulletin dated May 12, 2017, the terms of the warrants issuable to Platoro West Inc. should have been for three years, exercisable at $0.125 per share.
________________________________________
EUROPEAN COMMERCIAL REAL ESTATE INVESTMENT TRUST ("ERE.UN")
BULLETIN TYPE: Plan of Arrangement, Prospectus-Class B Common Shares Offering, Private Placement-Non-Brokered
BULLETIN DATE: May 17, 2017
TSX Venture Tier 1 Company
Plan of Arrangement:
Further to TSX Venture Exchange (the "Exchange") bulletin dated May 2, 2017, European Commercial Real Estate Investment Trust (the "Company") has completed a reorganization by way of plan of arrangement. The arrangement was completed on May 3, 2017, and resulted in the Company effectively being converted into a real estate investment trust named European Commercial Real Estate Investment Trust ("European Commercial REIT"). Pursuant to the Arrangement, each of the shareholders of the Issuer exchanged 1 common share for (i) 1 trust unit of European Commercial REIT ("Unit"), and/or (ii) in the case of certain shareholders, 1 exchangeable Class B LP Unit of European Commercial REIT Limited Partnership and 1 Special Voting Unit of European Commercial REIT.
Class B LP Units are exchangeable into Units on a 1 for 1 basis. Each Class B LP Unit is accompanied by one Special Voting Unit which will provide the holder of such Special Voting Unit with a right to vote at a meeting of unitholders of European Commercial REIT.
A total of 8,035,200 Units and 856,800 Class B LP Units were issued as a result of the Arrangement.
For further information please refer to the Issuer's Management Information Circular dated March 30, 2017, which is available at www.sedar.com, as well as the press release issued by the Issuer on March 24, 2017 and May 3, 2017.
Prospectus-Class B Common Shares Offering:
Effective May 4, 2017, the Company's Short Form Prospectus dated April 27, 2017 was filed with and accepted by TSX Venture Exchange, and effective April 27, 2017 was filed with and receipted by the British Columbia, Alberta, Saskatchewan, Manitoba, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Northwest Territories, Yukon, Nunavut and Ontario Securities Commission, pursuant to the provisions of the Securities Act.
TSX Venture Exchange has been advised that closing occurred on May 3, 2017 for gross proceeds of $30,000,000 (no over-allotment option exercised to date).
Underwriters: |
CIBC Capital Markets Inc. as lead underwriter together with a syndicate of underwriters. |
Offering: |
6,000,000 class B common shares |
Share Price: |
$5.00 per share |
Underwriters' Fee: |
A cash fee of $1,800,000 has been paid to the Underwriters. |
Over-Allotment Option: |
The Underwriters have been granted an over-allotment option of the shares in connection with this offering. The Underwriters were granted an option to arrange for the sale of up to an additional 900,000 class B common shares (being 15% of that number of shares sold pursuant to the offering), at any time up to 30 days after the closing of the offering. |
For further information, refer to the Company's Short Form Prospectus dated March 24, 2017 filed on SEDAR and the Company's news release dated March 24, 2017 and May 3, 2017.
Private Placement-Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 27, 2017:
Number of Shares: |
400,000 class B common shares |
Purchase Price: |
$5.00 per share |
Number of Placees: |
3 Placees |
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
Philip Burns |
Y |
60,000 |
Ian Dyke |
Y |
60,000 |
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.
____________________________
Lamêlée Iron Ore Ltd. ("LIR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 17, 2017
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: |
1,052,996 common shares |
Purchase Price: |
$0.15 common share |
Warrants: |
1,052,996 warrants to purchase a maximum of 1,052,996 common shares |
Warrant Exercise Price: |
$0.20 per share till April 21, 2020 |
Number of Placees: |
6 Placees |
Insider / Pro Group Participation: |
||
Name |
Insider = Y / Pro Group = P |
Number of Shares |
9288-1846 Québec Inc. (Hubert Vallée) |
Y |
35,000 |
Stéphane Leblanc |
Y |
558,000 |
Finders' fee: |
A finder received $951.75 in cash |
The Company has confirmed the closing of the Private Placement pursuant to a news releases dated April 21, 2017 and May 4, 2017.
____________________________
Lamêlée Minerais de Fer ltée (« LIR »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 17 mai 2017
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 : |
1 052 996 actions ordinaires |
Prix : |
0,15 $ par action ordinaire |
Bons de souscription : |
1 052 996 bons de souscription permettant de souscrire à 1 052 996 actions ordinaires |
Prix d'exercice des bons : |
0,20 $ par action jusqu'au 21 avril 2020 |
Nombre de souscripteurs : |
6 souscripteurs |
Participation initié / Groupe Pro : |
|||
Nom |
Initié = Y / |
Nombre d'actions |
|
9288-1846 Québec Inc. (Hubert Vallée) |
Y |
35 000 |
|
Stéphane Leblanc |
Y |
558 000 |
Honoraire d'intermédiation : |
Un intermédiaire a reçu 951,75 $ en espèces |
La société a confirmé la clôture du placement privé en vertu de communiqués de presse datés du 21 avril 2017 et 4 mai 2017.
_____________________________________
LATTICE BIOLOGICS INC. ("LBL")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: May 17, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 62,440 shares at a deemed price of $0.194 per share, in consideration of certain services provided to the company during March and April 2017 pursuant to a shares for services agreement dated May 23, 2016.
The Company shall issue a news release when the shares are issued.
________________________________________
MERIDIAN MINING SOCIETAS EUROPEA ("MNO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 17, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 28, 2017:
Number of Shares: |
12,734,500 shares |
Purchase Price: |
$0.40 per share |
Warrants: |
12,734,500 share purchase warrants to purchase 12,734,500 shares |
Warrant Exercise Price: |
$0.65 for a two year period |
Number of Placees: |
14 Placees |
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
Sentient Global Resources Fund IV L.P. |
Y |
10,284,000 |
Stefano Haver |
Y |
50,000 |
Finder's Fee: |
Paradigm Capital Inc.$24,000 cash and 60,000 compensation options payable. Each compensation option is exercisable into one common share and one share purchase warrant, which is exercisable into one common share at $0.65 for two years from closing. |
William Pfaffenberger $1,200 cash payable. |
|
Jeffrery Patrick $2,000 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.]
________________________________________
NORTHERN EMPIRE RESOURCES CORP. ("NM")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: May 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 15, 2017 and March 29, 2017:
Convertible Debenture |
$5,193,000 |
Conversion Price: |
Convertible into units consisting of one common share and one half common share purchase warrant at $0.33 for a one year period. |
Maturity date: |
The earlier of (i) July 30, 2017 and (ii) the third business day following the issuance of a receipt for the final short-form prospectus qualifying the securities underlying the notes. |
Warrants |
Each full warrant will be exercisable into one common share at the price of $0.33 for two years from closing. |
Interest rate: |
N/A |
Number of Placees: |
123 Placees |
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
Michael Allen |
Y |
120,000 |
Douglas Hurst |
Y |
1,200,000 |
Aggregate Pro Group Involvement |
P |
2,148,000 |
[20 Placees] |
Finder's Fee: |
Canccord Genuity Corp. $21,480 cash and 1,084,848 agent's options payable. |
PI Financial Corp. $14,100 cash and 712,121 agent's options payable. |
|
Haywood Securities Inc. $76,650 cash and 3,871,212 agent's options payable. |
|
Mackie Research Capital Corporation $5,130 cash and 259,091 agent's options payable. |
|
Leede Jones Gable Inc. $54,600 cash and 2,757,578 agent's options payable. |
|
Richardson GMP Limited $1,050 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.]
________________________________________
ORGANTO FOODS INC. ("OGO")
BULLETIN TYPE: Correction
BULLETIN DATE: May 17, 2017
TSX Venture Tier 2 Company
CORRECTION:
Further to the TSX Venture Exchange Bulletin dated May 10, 2017, the Bulletin should have read as follows:
To settle outstanding debt for $62,500.
________________________________________
RENAISSANCE GOLD INC. ("REN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 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 20, 2017:
Number of Shares: |
3,833,333 shares |
Purchase Price: |
$0.33 per share |
Number of Placees: |
1 Placee |
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.
________________________________________
SKYHARBOUR RESOURCES LTD. ("SYH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 17, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 16, 2017:
Number of FT Shares: |
1,000,000 flow through shares |
Purchase Price: |
$0.60 per flow through share |
Number of Placees: |
1 Placee |
Finder's Fee: |
|
EMD Financial Inc. |
$42,000.00 cash; 70,000 warrants |
Finder Warrant Initial Exercise Price: |
$0.75 |
Finder Warrant Term to Expiry: |
2 year 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.
________________________________________
TRANSATLANTIC MINING CORP. ("TCO")
BULLETIN TYPE: Halt
BULLETIN DATE: May 17, 2017
TSX Venture Tier 2 Company
Effective at 11:54 a.m. PST, May 17, 2017, trading in the shares of the Company was halted, 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.
________________________________________
TRAVERSE ENERGY LTD. ("TVL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 17, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 26, 2017:
Number of Shares: |
1,937,550 common shares issued on a flow-through basis eligible for the renunciation of Canadian exploration expenses within the meaning of the Income Tax Act (Canada) ("CEE Shares") |
1,937,550 common share units ("Units") |
|
Each Unit consists of one common share and one-half of one common share purchase warrant |
|
1,151,250 flow-through units ("CDE Units") |
|
Each CDE Unit consists of one common share issued on a flow-through basis eligible for the renunciation of Canadian development expenses within the meaning of the Income Tax Act (Canada) and one common share purchase warrant |
|
Purchase Price: |
$0.42 per CEE Share |
$0.38 per Unit |
|
$0.40 per CDE Unit |
|
Warrants: |
2,120,025 share purchase warrants to purchase 2,120,025 shares |
Warrant Exercise Price: |
$0.50 for a one year period |
Number of Placees: |
24 Placees |
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
David van der Lee |
Y |
250,000 shares |
156,250 warrants |
||
LJS Investments |
||
(Laurie Smith) |
Y |
312,500 shares |
312,500 warrants |
||
Robert Libin |
Y |
125,000 shares |
125,000 warrants |
||
David Erickson |
Y |
45,000 shares |
45,000 warrants |
||
Adam Wells |
Y |
40,000 shares |
40,000 warrants |
||
Aggregate Pro Group Involvement |
P |
200,000 shares |
[1 Placee] |
200,000 warrants |
Finder's Fee: |
$61,500 cash payable to Acumen Capital Finance Partners Limited |
$19,500 cash payable to Canaccord Genuity Inc. |
|
$12,000 cash payable to National Bank Financial Inc. |
________________________________________
VANADIUMCORP RESOURCE INC. ("VRB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 17, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 6, 2017:
Number of Shares: |
13,418,699 shares |
Purchase Price: |
$0.06 per share |
Warrants: |
13,418,699 share purchase warrants to purchase 13,418,699 shares |
Warrant Exercise Price: |
$0.10 for a two year period |
Number of Placees: |
21 Placees |
________________________________________
ZAZU METALS CORPORATION ("ZAZ")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: May 17, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 27, 2017:
Convertible Debenture |
US$1,500,000 |
Conversion Price |
Convertible into shares at US$0.22 (CDN$0.299) of principle per share until maturity |
Maturity Date |
two years from issuance |
Interest Rate |
5% per annum |
Number of Placees: |
1 Placee |
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.
________________________________________
NEX COMPANIES
FORRESTER METALS INC. ("VEM.H")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 17, 2017
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 8,597,288 shares to settle outstanding debt for $1,074,661.
Number of Creditors: |
5 Creditors |
Insider / Pro Group Participation: |
||||
Creditor |
Insider=Y / |
Amount |
Deemed Price |
# of Shares |
Dennis Gibson |
Y |
$144,000 |
$0.125 |
1,152,000 |
Charlotte May |
Y |
$36,000 |
$0.125 |
288,000 |
Martin Walter |
Y |
$168,000 |
$0.125 |
1,344,000 |
William Williams |
Y |
$164,736 |
$0.125 |
1,317,888 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
SABLE RESOURCES LTD. ("SAE.H")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 17, 2017
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,900,000 shares at a deemed price of $0.15 per share to settle outstanding debt for $285,000.
Number of Creditors: |
2 Creditors |
Insider / Pro Group Participation: |
||||
Creditor |
Insider=Y / |
Amount |
Deemed Price |
# of Shares |
Cangaroo Capital Corp. |
||||
(Terence Harbort) |
Y |
$90,000 |
$0.15 |
600,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
SOURCE TSX Venture Exchange
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