VANCOUVER, Aug. 3, 2017 /CNW/ -
TSX VENTURE COMPANIES
ALBA MINERALS LTD. ("AA")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 3, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Property Option Agreement dated August 2, 2017 between the Company and Simon David Studer whereby the Company has been granted an option to earn a 100% interest in the Quiron II property. Consideration is US$100,000, 2,400,000 common shares and US$400,000 in exploration expenditures over an 18 month period. An additional US$400,000 will be paid upon the completion of a NI 43-101 Report on the property.
________________________________________
ARGUS METALS CORP. ("AML")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 3, 2017
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 July 21, 2017:
| Number of Shares: |
1,638,000 shares |
|
| 302,981 flow-through shares |
||
| Purchase Price: |
$0.10 per share |
|
| $0.12 per flow-through share |
||
| Warrants: |
819,000 share purchase warrants to purchase 819,000 shares |
|
| Warrant Exercise Price: |
$0.15 for a two year period |
|
| Number of Placees: |
15 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Lonsdale Capital |
||
| (Alan Savage) |
Y |
53,000 units |
| Finder's Fee: |
PI Financial Corp. - $525.00 |
|
| Mackie Research Capital Corporation - $1,400.00 |
||
| Andrew Bowering – 35,000 common shares and 35,000 Finder's Warrants that are exercisable into common shares at $0.15 per share for a 24 month period. |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release dated August 2, 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.
________________________________________
CANICKEL MINING LIMITED ("CML")
BULLETIN TYPE: Property-Asset or Share Acquisition Agreement
BULLETIN DATE: August 3, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with an ancillary investment made by Canickel Mining Limited ("Canickel") in a technology partnership in the amount of $10 million which investment was funded with a further advance from Canickel's controlling shareholder. The investment provides Canickel with a 50% interest in general units of the partnership and preferred units with paid-up value of $10 million.
The Exchange has been advised that the investment was approved by the shareholders of Canickel, excluding the votes of the controlling shareholder, at a meeting held on June 30, 2017.
The investment does not represent a change of business for Canickel which remains focused on keeping its previously producing Bucko nickel mine on care and maintenance awaiting better nickel prices.
Insider / Pro Group Participation: Nil.
For Further information, see Canickel's information circular filed on June 1, 2017 which is available under Canickel's profile on SEDAR.
________________________________________
EMERITA RESOURCES CORP. ("EMO")
BULLETIN TYPE: Resume Trading, Reviewable Transaction-Announced
BULLETIN DATE: August 3, 2017
TSX Venture Tier 2 Company
Effective at the open, Friday, August 4, 2017 trading in the Company's shares will resume.
This resumption of trading does not constitute acceptance of the Company's previously announced transaction (the "Proposed Transaction"), as described in the Company's news release of July 14, 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.
________________________________________
EUROPEAN COMMERCIAL REAL ESTATE INVESTMENT TRUST ("ERE.UN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 3, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 4, 2017 and July 18, 2017:
| Number of Shares: |
347,500 trust units |
|
| Purchase Price: |
$4.50 per trust unit |
|
| Number of Placees: |
2 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P / |
# of Shares |
| Phillip Burns |
Y |
236,388 |
| Ian Dyke |
Y |
111,112 |
For further details, please refer to the REIT's news release dated July 26, 2017.
______________________________________
EUROPEAN COMMERCIAL REAL ESTATE INVESTMENT TRUST ("ERE.UN")
BULLETIN TYPE: Prospectus-Trust Unit Offering
BULLETIN DATE: August 3, 2017
TSX Venture Tier 1 Company
Effective July 19, 2017, a (final) short form prospectus (the "Prospectus") of European Commercial Real Estate Investment Trust (the "REIT") dated July 18, 2017, qualifying the distribution of 7,430,500 Trust Units of the REIT (the "Units"), as well as the Units issuable pursuant to the Over-Allotment Option (as defined below) 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, Saskatchewan, Manitoba, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Northwest Territories, Yukon and Nanavut Securities Commissions.
The Exchange has been advised that the closing of the offering pursuant to the Prospectus (the "Offering") occurred on July 26, 2017, for gross proceeds of CDN$33,437,250.
| Offering: |
7,430,500 Units (no Units exercised pursuant to the Underwriter's over-allotment option to this date. The Exchange will issue a supplemental bulletin if any exercise of the over-allotment option occurs). |
| Trust Unit Price: |
$4.50 per Unit |
| Underwriter(s): |
CIBC World Markets Inc., National Bank Financial Inc., Scotia Capital Inc., BMO Nesbitt Burns Inc., RBC Dominion Securities Inc., TD Securities Inc., Canaccord Genuity Corp., GMP Securities L.P., Raymond James Ltd., Desjardins Securities Inc. and Industrial Alliance Securities Inc. |
| Agent's Commission: |
CDN$2,006,235 |
| Over-Allotment Option: |
To purchase up to an additional 15% of the Units sold pursuant to the Offering, exercisable in whole or in part, at any time and from time to time, for a period of 30 days following the closing of the Offering (the "Over-Allotment Option"). |
For further details, please refer to the REIT's Prospectus dated July 18, 2017.
______________________________________
FINLAY MINERALS LTD. ("FYL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 3, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 21, 2017:
| Number of Shares: |
3,333,333 shares |
|
| Purchase Price: |
$0.06 per share |
|
| Warrants: |
1,666,666 share purchase warrants to purchase 1,666,666 shares |
|
| Warrant Exercise Price: |
$0.10 for a two year period, subject to acceleration if the Company's shares trade at or over $0.30 for 20 consecutive trading days. |
|
| Number of Placees: |
5 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Robert Brown |
Y |
150,000 |
| Baril Developments Ltd. |
||
| (John J. Barasko) |
Y |
2,716,666 |
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 August 2, 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.]
________________________________________
GRAY ROCK RESOURCES LTD ("GRK")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 3, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a property option agreement (the "Agreement") between Gray Rock Resources Ltd (the "Company") and DeCoors Mining Corp. ("DeCoors") whereby the Company will have the option to acquire an undivided 100% interest in and to the Hot Bath Property (the "Property") located in British Columbia.
In order to acquire the Property, the Company must issue an aggregate of 1,500,000 common shares in the Company over a three year period. The Property will be subject to a 1.5% net smelter returns royalty (the "NSR") on the Property, payable to DeCoors. The Company has the right to reduce this to a 0.5% NSR by paying $1,000,000 cash.
The transaction is arm's length.
| CASH |
SHARES |
WORK EXPENDITURES |
|
| First anniversary of Exchange approval: |
$0 |
150,000 |
$0 |
| Second anniversary of Exchange approval: |
$0 |
450,000 |
$0 |
| Third anniversary of Exchange Approval: |
$0 |
900,000 |
$0 |
For further information, please see the Company's news release dated June 19, 2017 and August 3, 2017.
________________________________________
GREAT BEAR RESOURCES LTD. ("GBR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Aug 03, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Aug 01, 2017:
| Number of Shares: |
1,680,000 shares |
|
| Purchase Price: |
$0.25 per share |
|
| Warrants: |
840,000 share purchase warrants to purchase 840,000 shares |
|
| Warrant Initial Exercise Price: |
$0.35 |
|
| Warrant Term to Expiry: |
2 Years |
|
| Number of Placees: |
26 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
Pro-Group=P |
# of Shares |
| Christopher Taylor |
Y |
40,000 |
| Tony Ricci |
Y |
66,000 |
| Doug Ramshaw |
Y |
100,000 |
| GSBC Financial Management |
||
| Inc (Rob Scott) |
Y |
77,000 |
| Vinland Holdings Inc |
||
| (David Terry) |
Y |
50,000 |
| Aggregate Pro-Group |
||
| Involvement [2 Placees] |
P |
125,000 |
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.
________________________________________
HUDSON RESOURCES INC. ("HUD")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: August 3, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 450,000 non-transferable bonus warrants to an arm's length lender as consideration for a US$22,500,000 loan. Each warrant is exercisable at $0.55 for three years.
Please refer to the Company's news release of July 17, 2017 for further details.
________________________________________
INTIGOLD MINES LTD. ("IGD.H")
[formerly Intigold Mines Ltd. ("IGD")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: August 3, 2017
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening on Friday, August 4, 2017, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Vancouver to NEX.
As of August 4, 2017, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.
The trading symbol for the Company will change from IGD to IGD.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.
Further to the TSX Venture bulletin dated April 27, 2017, trading in the shares of the Company will remain suspended.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
_______________________________________
KINGSLAND ENERGY CORP. ("KLE.H")
[formerly Kingsland Energy Corp. ("KLE")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE: August 3, 2017
TSX Venture Tier 2 Company
Further to the Company's press release dated August 1, 2017, the Company has not maintained the requirements for a TSX Venture Tier 2 company in accordance with TSX Venture Policy 2.5. Therefore, effective at the opening on Friday, August 4, 2017, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Calgary to NEX.
As of August 4, 2017, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.
The trading symbol for the Company will change from KLE to KLE.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.
_______________________________________
MINSUD RESOURCES CORP. ("MSR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 3, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 17, 2017:
| Number of Shares: |
6,500,000 shares |
|
| Purchase Price: |
$0.10 per share |
|
| Warrants: |
6,500,000 share purchase warrants to purchase 6,500,000 shares |
|
| Warrant Exercise Price: |
$0.15 for a two year period |
|
| Number of Placees: |
11 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Compania de Tierras |
||
| Sud Argentino S.A. |
||
| (Diego Perazzo) |
Y |
2,400,000 |
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.
For further details, please refer to the Company's news release dated July 27, 2017.
________________________________________
PETROMIN RESOURCES LTD. ("PTR.H")
[formerly Petromin Resources Ltd. ("PTR")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: August 3, 2017
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening on Friday, August 4, 2017, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Vancouver to NEX.
As of August 4, 2017, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.
The trading symbol for the Company will change from PTR to PTR.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.
Further to the TSX Venture bulletins dated April 10, 2017 and April 27, 2017, trading in the shares of the Company will remain suspended.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
_______________________________________
PROVIDENCE GOLD MINES INC. ("PHD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 3, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Jul 20, 2017:
| Number of Shares: |
1,450,000 shares |
|
| Purchase Price: |
$0.10 per share |
|
| Warrants: |
362,500 share purchase warrants to purchase 362,500 shares |
|
| Warrant Initial Exercise Price: |
$0.25 |
|
| Warrant Term to Expiry: |
1 Year |
|
| Number of Placees: |
4 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
Pro-Group=P |
# of Shares |
| Michael Sweatman |
Y |
50,000 |
| Finder's Fee: |
||
| Mackie Research Capital Corporation |
98,000 shares; 98,000 warrants |
|
| Finder Warrant Initial Exercise Price: |
$0.25 |
|
| Finder Warrant Term to Expiry: |
Exercisable at $0.25 for a period of 12 months from closing |
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.
________________________________________
STARLIGHT U.S. MULTI-FAMILY (NO. 5) CORE FUND ("STUS.A")("STUS.U")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 3, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation relating to a Purchase and Sale Agreement (the "Agreement") dated July 24, 2017 between non-arm's length parties (the "Vendors") and Starlight U.S. Multi-Family (No. 5) Core Fund (the "Issuer"). Pursuant to the Agreement, the Issuer shall acquire the Copperfield Apartments, which consists of 12 three-storey buildings in a garden-style apartment community located in Nashville, Tennessee.
In consideration the Company shall pay approximately US$48,000,000 to the Vendors.
For more information, refer to the Company's news release dated August 1, 2017.
________________________________________
NEX COMPANIES
CARDINAL CAPITAL PARTNERS INC. ("CCP.H")
BULLETIN TYPE: Listing Maintenance Fees - Suspend
BULLETIN DATE: August 3, 2017
NEX Company
Effective at the opening Friday, August 4, 2017, trading in the shares of the Company will be suspended for failure to pay their quarterly NEX Maintenance Fee.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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