VANCOUVER, May 29, 2017 /CNW/ -
TSX VENTURE COMPANIES
ADVANTAGE LITHIUM CORP. ("AAL")
BULLETIN TYPE: Company Tier Reclassification
BULLETIN DATE: May 29, 2017
TSX Venture Tier 2 Company
In accordance with Policy 2.5, the Company has met the requirements for a Tier 1 company. Therefore, effective Tuesday, May 30, 2017, the Company's Tier classification will change from Tier 2 to:
Classification
Tier 1
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AURORA CANNABIS INC. ("ACB")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 29, 2017
TSX Venture Tier 2 Company
Effective at 1:00 p.m. PST, May 26, 2017, shares of the Company resumed trading, an announcement having been made.
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BARKERVILLE GOLD MINES LTD. ("BGM")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: May 29, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Relationship Agreement between the Company and Lhatako Dene First Nation ("Lhatako") pursuant to which the parties have committed to an ongoing relationship and communication with respect to the Company's exploration and mining activities on its Cariboo Gold Project. In consideration, the Company will issue an aggregate of 400,000 common shares to Lhatako.
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BERKWOOD RESOURCES LTD. ("BKR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 29, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect a Non-Brokered Private Placement announced April 5, 2017 and April 13, 2017:
| Number of Shares: |
6,152,843 shares |
| Purchase Price: |
$0.26 per share |
| Warrants: |
6,152,843 share purchase warrants to purchase 6,152,843 shares |
| Warrant Exercise Price: |
$0.35 for a two year period |
| Number of Placees: |
47 Placees |
| Insider / Pro Group Participation: |
|
| Name |
Insider=Y / |
# of Shares |
| Brahma Communications Corp. |
Y |
530,769 |
| (Thomas Yingling) |
||
| BJ Financial Counting Consulting Inc. |
Y |
96,154 |
| (Brijender Jassal) |
||
| Aggregate Pro Group Involvement |
P |
361,000 |
| [3 Placee(s)] |
||
| Finder's Fee: |
PI Financial Corp. - $7,384.00 and 28,400 warrants exercisable into common shares at $0.35 per share for a two year period. |
| Gravitas Securities Inc. - $33,300.80 and 128,000 warrants exercisable into common shares at $0.35 per share for a two year period. |
|
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release dated May 26, 2017 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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CANEX METALS INC. ("CANX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 29, 2017
TSX Venture Tier 2 Company
The TSX Venture Exchange (the "Exchange") accepts the Company's proposed acquisition of a 100% interest in the Gibson Prospect from Altius Resources Inc. (the "Agreement"), a wholly owned subsidiary of Altius Minerals Corp. ("Altius").
Pursuant to terms of the Agreement, upon signing, the Company will issue to Altius, 1,125,000 common shares ("Shares") upon signing of the Agreement, and a further 1,180,000 Shares following Phase 1 trenching, but prior to drill testing. The Company will issue a further 1,240,000 Shares within 18 months of closing, following the completion of the $500,000 expenditure commitment, which are both required to earn the 100% working interest.
Altius will retain a right to purchase an underlying 1.5% NSR royalty and preferential rights on any future royalties or streams granted on the Property. If the Company achieves a measured and indicated mineral resource in excess of 1 million gold equivalent ounces, a milestone payment of 1,275,000 shares will be issued to Altius. Altius also retains a pro rata right to participate in future equity financings of the Company. Shane Ebert will be entitled to 5% of the compensation due to Altius as part of the Gibson Agreement.
The Company will also assume the obligations of the underlying option agreement with Steven Scott for a total of $90,000 spread over 4 years, in addition to the milestone bonuses. There will be a $5000 payment upon a change of control of the property, $15,000 in the first year of the agreement, $20,000 in the second year, $25,000 in year three, and $25,000 in year four. The milestone bonuses include $25,000 upon completion of a feasibility study and $50,000 upon commercial production.
For further information, please refer to the Company's press release dated May 18, 2017
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FIREWEED ZINC LTD ("FWZ")
BULLETIN TYPE: Halt
BULLETIN DATE: May 29, 2017
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, May 29, 2017, trading in the shares of the Company was halted, pending confirmation of closing of the arrangement. 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.
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FIRST GLOBAL DATA LIMITED ("FGD")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 29, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 22,333,330 units (each comprised of one common share and one share purchase warrant) to settle outstanding debt for $2,233,333.
| Number of Creditors: |
1 Creditor |
| Warrants: |
22,333,330 share purchase warrants to purchase 22,333,330 shares |
| Warrant Exercise Price: |
$0.20 for a three year period |
For further information, please refer to the Company's news release dated November 21, 2016. The Company shall issue a further news release when the shares are issued and the debt extinguished.
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ISOENERGY LTD. ("ISO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 29, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 26, 2017:
| Number of Shares: |
999,999 shares |
| Purchase Price: |
$1.10 per share |
| Number of Placees: |
2 Placees |
| Finder's Fee: |
$65,999.93 payable to EMD Financial Inc. |
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MOONCOR OIL & GAS CORP. ("MOO")
BULLETIN TYPE: Halt
BULLETIN DATE: May 29, 2017
TSX Venture Tier 2 Company
Effective at 11:21 a.m. PST, May 29, 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.
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ROSCAN MINERALS CORPORATION ("ROS")
[formerly Roscan Minerals Corporation ("ROS.H")
BULLETIN TYPE: Private Placement-Non-Brokered, Property-Asset or Share Purchase Agreement, Graduation from NEX to TSX Venture, Symbol Change
BULLETIN DATE: May 29, 2017
TSX Venture Tier 2 Company
Private Placement-Non-Brokered
The Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 8, 2016, February 22, 2017 and March 24, 2017:
| Number of Shares: |
8,740,000 shares |
| Purchase Price: |
$0.05 per share |
| Warrants: |
8,740,000 share purchase warrants attached to purchase 8,740,000 shares |
| Warrant Exercise Price: |
$0.08 for a one year period |
| Number of Placees: |
34 Placees |
| Insider / Pro Group Participation: |
|
| Name |
Insider=Y / ProGroup=P |
# of Shares |
| Donald A. Whalen |
Y |
800,000 |
| Gregory Isenor |
Y |
1,200,000 |
| Mark McMurdie |
Y |
400,000 |
| Irwin Professional Corporation |
Y |
200,000 |
| (Chris Irwin) |
||
| Aggregate Pro Group Involvement |
P |
500,000 |
| [1 Placee] |
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 April 26, 2017 and May 1, 2017.
Property-Asset or Share Purchase Agreement
TSX Venture Exchange has accepted for filing documentation relating to an Option and Joint Venture Agreement (the "Agreement") dated November 7, 2016 between Roscan Minerals Corporation (the "Company") and Pelangio Exploration Inc. (TSXV: PX), a non-arm's length party (the "JV Partner). Pursuant to the Agreement, the Company shall have the option to acquire a 50% interest in the Dormaa Project (the "Project") located in Ghana, Africa and the Project shall be the Company's principle property.
As consideration, the Company shall pay an aggregate of $160,000 plus incur $2,000,000 in exploration expenditures over a three year period.
For more information, refer to the Company's news release dated November 8, 2016 and February 22, 2017.
Graduation from NEX to TSX Venture
In conjunction with the above, the Company has met the requirements to be listed as a TSX Venture Tier 2 Company. Therefore, effective on Tuesday, May 30, 2017 the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to Toronto.
Symbol Change
Effective at the opening, Tuesday, May 30, 2017, the trading symbol for the Company will change from ROS.H to ROS.
| Company Contact: |
Mark McMurdie |
|
| Company Address: |
9275 Bayview Avenue |
|
| Richmond Hill, ON |
||
| L4C 9X0 |
||
| Company Phone Number: |
(416) 293-8437 |
|
| Company Fax Number: |
(416) 293-3957 |
|
| Company Email Address: |
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NEX COMPANIES
RHC CAPITAL CORPORATION ("RHC.H")
BULLETIN TYPE: Halt
BULLETIN DATE: May 29, 2017
NEX Company
Effective at 4:56 a.m. PST, May 29, 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.
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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