VANCOUVER, Aug. 16, 2017 /CNW/ -
TSX VENTURE COMPANIES
ALDRIDGE MINERALS INC. ("AGM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 16, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 29, 2017:
| Number of Shares: |
33,333,333 shares |
|
| Purchase Price: |
US$0.15 per share |
|
| Number of Placees: |
1 Placee |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Ahmet Taçyildiz |
Y |
33,333,333 |
| Advisory Fee: |
Scotiabank will receive an advisory fee of US$150,000.00 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release dated July 20, 2017 announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
________________________________________
APOLO ACQUISITION CORP. ("ACA.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: August 16, 2017
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Prospectus dated July 28, 2017 has been filed with and accepted by TSX Venture Exchange and the Ontario, Alberta and British Columbia Securities Commissions effective July 31, 2017, pursuant to the provisions of the respective Securities Acts. The Common Shares of the Company will be listed on TSX Venture Exchange on the effective date stated below.
The Company has completed its initial distribution of securities to the public. The gross proceeds received by the Company for the Offering were $500,000 (5,000,000 common shares at $0.10 per share).
Commence Date: At the opening Thursday August 17, 2017, the Common shares will commence trading on TSX Venture Exchange.
| Corporate Jurisdiction: |
Ontario |
|
| Capitalization: |
Unlimited |
common shares with no par value of which |
| 8,400,000 |
common shares are issued and outstanding |
|
| Escrowed Shares: |
3,400,000 |
common shares |
| Transfer Agent: |
Computershare Investor Services Inc. |
|
| Trading Symbol: |
ACA.P |
|
| CUSIP Number: |
03767F103 |
|
| Agent: |
Richardson GMP Limited |
|
| Agent's Options: 500,000 non-transferable stock options. One option to purchase one |
||
| share at $0.10 per share for up to 24 months. |
||
| For further information, please refer to the Company's Prospectus dated July 28, 2017. |
||
| Company Contact: |
Michael Galego |
|
| Company Address: |
365 Bay Street, Suite 800 |
|
| Toronto, ON M5H 2V1 |
||
| Company Phone Number: |
416-361-3121 |
|
| Company Email Address: |
||
________________________________________
BENZ MINING CORP. ("BZ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 16, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 10, 2017:
| Number of Shares: |
3,661,800 shares |
|
| Purchase Price: |
$0.20 per share |
|
| Warrants: |
3,661,800 share purchase warrants to purchase 3,661,800 shares. |
|
| Warrant Exercise Price: |
$0.35 for a two year period. The warrants are subject to an accelerated exercise provision in the event the Company's shares trade at or above $0.55 for 20 consecutive trading days. |
|
| Number of Placees: |
26 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aggregate Pro Group |
||
| Involvement [1 Placee] |
P |
225,000 |
| Finder's Fee: |
Canaccord Genuity Corp. - $3,150.00 and 15,750 Compensation Warrants that are exercisable into common shares at $0.35 per share for a two year period. |
|
| CM – Equity AG - $5,275.20 and 26,376 Compensation Warrants that are exercisable into common shares at $0.35 per share for a two year period. |
||
| NBCN Inc. - $2,450.00 and 12,250 Compensation Warrants that are 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 closing news release dated August 15, 2017announcing 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.
________________________________________
CANYON COPPER CORP. ("CNC")
BULLETIN TYPE: Consolidation
BULLETIN DATE: August 16, 2017
TSX Venture Tier 2 Company
Pursuant to a resolution passed by the directors dated July 14, 2017, the Company has consolidated its capital on a (3) three old for (1) one new basis. The name of the Company has not been changed.
Effective at the opening on August 17, 2017, the common shares of Canyon Copper Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration/Development' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 6,586,601 |
shares are issued and outstanding |
|
| Escrow |
Nil |
shares are subject to escrow |
| Transfer Agent: |
TSX Trust Company |
|
| Trading Symbol: |
CNC |
(UNCHANGED) |
| CUSIP Number: |
138763602 |
(new) |
________________________________________
CANYON COPPER CORP. ("CNC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 16, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Option Agreement dated July 19, 2017 between Canyon Copper Corp. (the "Company") and 2333382 Ontario Inc. (Paul Admas and Romeo DiBattista Sr.), whereby the Company has an option to acquire a 100% interest in the Munro Warden Copper Nickel Cobalt Property consisting of 9 mining leases and 6 mineral claims located in the east of Timmins and north of Kirkland Lake, Ontario. In consideration, the Company will pay a total of $250,000 in cash ($25,000 in the first year) and issue 1,000,000 shares over a seven-year period (250,000 shares in the first year). The Company will incur a cumulative total of $2,500,000 in exploration expenditures over a seven-year period.
________________________________________
COPPER CREEK GOLD CORP. ("CPV")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 16, 2017
TSX Venture Tier 2 Company
Effective at the opening, Thursday, August 17, 2017, the common shares of Copper Creek Gold Corp. (the "Company") will resume trading on the TSX Venture Exchange (the "Exchange"), a news release having been issued on August 14, 2017, announcing that that it is terminating the previously announced nonbinding letter of intent with Minera Bonanza Peru S.A. ("Minera Bonanza") referred to in its news release dated June 1, 2017.
The Company will continue to review and evaluate the assets of Minera Bonanza, and discuss terms of a potential transaction. Readers are cautioned that no terms have yet been finalized and the discussions continue. Minera Bonanza has agreed to an extension of the exclusivity period with the Company to September 30, 2017, to complete further due diligence on the assets of Minera Bonanza, the availability of financing on terms acceptable to the Company and negotiation of a definitive agreement in respect of a mutually agreeable transaction. The transaction will be subject to, among other things, the approval of the TSX Venture Exchange. A transaction cannot be completed until these conditions are satisfied, and there can be no assurance that a transaction will be completed at all.
For further information, please see the Company's news releases dated June 1, 2017, August 14, 2017 and August 15, 2017 which are available under the Company's profile on SEDAR.
________________________________________
CORNERSTONE CAPITAL RESOURCES INC. ("CGP")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 16, 2017
TSX Venture Tier 2 Company
The TSX Venture Exchange (the "Exchange") accepts for filing documentation pursuant to a Share Exchange Agreement, (the "Agreement") between the Company and multiple vendors, including Greg Chamandy ("Chamandy"), and Dmyant Sangha ("Sangha")(collectively, the "Vendors").
Pursuant to the terms of the Agreement, the Company will be acquiring shares of SolGold PLC ("SolGold") from the Vendors, in exchange for common shares of the Company. The Company will acquire a total of 91,943,914 shares of SolGold in exchange for 140,957,200 common shares of Cornerstone. Chamandy will be exchanging 40,895,745 shares of SolGold for 62,696,371 shares of the Company and Sangha will exchange 43,385,669 shares of SolGold for 66,513,619 shares of the Company.
For further information, please see the Company's press releases, dated July 4, 2017, July 12, 2017 and August 16, 2017.
________________________________________
GEODEX MINERALS LTD. ("GXM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 16, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 22, 2016, January 6, 2017, and May 10, 2017:
| Securities: |
2,402 units, consisting of a five-year note in the principal amount of $1,000, bearing interest at a rate of 10% per annum, payable semi-annually; 1,500 common shares; and 1,500 share purchase warrants |
|
| Purchase Price: |
$900 per unit |
|
| Warrants: |
3,063,000 share purchase warrants to purchase 3,063,000 shares |
|
| Warrant Exercise Price: |
$0.10 for a five year period |
|
| Number of Placees: |
11 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| 2349809 Ontario Ltd. |
Y |
67,500 |
| Irwin Lowy LLP (Chris Irwin) |
Y |
22,500 |
| Aggregate Pro Group |
||
| Involvement [1 Placee] |
P |
168,000 |
| Finder's Fee: |
Canaccord Genuity Corp. receives $6,048 and 10,080 non-transferable warrants, each exercisable at a price of $0.10 for five years. |
|
| Ali Zamani receives $6,480 and 13,500 non-transferable warrants, each exercisable at a price of $0.10 for five years. |
||
| Jones, Gable & Company Limited receives $21,600 and 36,000 non-transferable warrants, each exercisable at a price of $0.10 for five years. |
||
| Haywood Securities Inc. receives $540 and 900 non-transferable warrants, each exercisable at a price of $0.10 for five years. |
||
| Industrial Alliance Securities Inc. receives $21,600 and 36,000 non-transferable warrants, each exercisable at a price of $0.10 for five years. |
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 periods on August 10, 2017.
________________________________________
GEODEX MINERALS LTD ("GXM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 16, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a share exchange agreement (the "Agreement") dated August 12, 2016 between Geodex Minerals Ltd (the "Company") and Goldway S.R.L. ("Goldway"). The Company has acquired all of the issued and outstanding shares of Goldway, a private company engaged in the trading of gold and metals with operations in Bolivia. Goldway will continue as a wholly owned subsidiary of the Company.
In order to acquire Goldway, the Company:
- Has paid US$100,000 to Goldway shareholders;
- Issued an aggregate of 5,000,000 common shares in the Company to shareholders of Goldway;
- Created an Operative Fund for US$1,000,000 and the Company may advance such funds to Goldway in multiple tranches to fund Goldway's business
- In addition, there is deferred cash consideration payble to the Goldway shareholders and equal to 10% of the operating earnings ("EBITDA") for the first year following closing, 9.5% of EBITDA for the second year and 9.0% of EBITDA for the third year. In the event Goldway has minimum operating earnings of US$1,000,000 for the 12 month period following closing of the acquisition, Goldway may elect to receive a one-time payment of US$500,000 in lieu of annual payments.
The transaction is arm's length.
For further information, please see the Company's news releases dated: July 22, 2015, January 22, 2016, January 6, 2017, May 10, 2017 and August 10, 2017.
________________________________________
IKKUMA RESOURCES CORP. ("IKM")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 16, 2017
TSX Venture Tier 2 Company
Effective at 10:15 a.m. PST, August 16, 2017, shares of the Company resumed trading, an announcement having been made.
________________________________________
INCA ONE GOLD CORP. ("IO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 16, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 09, 2017:
| Number of Shares: |
22,023,000 shares |
|
| Purchase Price: |
$0.10 per share |
|
| Warrants: |
11,011,500 share purchase warrants to purchase 11,011,500 shares |
|
| Warrant Initial Exercise Price: |
$0.15 |
|
| Warrant Term to Expiry: |
18 Months |
|
| Number of Placees: |
30 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
Pro-Group=P |
# of Shares |
| Edward Kelly |
Y |
1,000,000 |
| EKelly Investments Ltd. |
||
| (Edward Kelly) |
Y |
435,000 |
| Tritesian Holdings Inc. |
||
| (Mark Wright) |
Y |
400,000 |
| Adrian Morger |
Y |
1,000,000 |
The Company issued news releases on June 12, 2017, July 7, 2017 and August 15, 2017 confirming closing of the private placement. 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.
________________________________________
KUUHUBB INC. ("KUU")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: August 16, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced July 10, 2017:
| Number of Subscription Receipts: |
16,445,000 subscription receipts (each exercisable into one common share upon completion of certain conditions) |
|
| Purchase Price: |
$1.05 per subscription receipt |
|
| Number of Placees: |
83 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aggregate Pro Group |
||
| Involvement [11 Placee(s)] |
P |
597,264 |
| Agent's Fee: |
an aggregate of $1,036,035, plus 986,700 broker warrants (each exercisable into one common share at a price of $1.05 for a period of 2 years), payable to Cormark Securities Inc., Echelon Wealth Partners Inc., PI Financial Corp and Pinstripe Capital Ou |
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).
________________________________________
METALLIS RESOURCES INC. ("MTS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Aug 16, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Aug 10, 2017:
| Number of Shares: |
2,507,000 shares |
|
| Purchase Price: |
$0.25 per share |
|
| Warrants: |
1,253,500 share purchase warrants to purchase 1,253,500 shares |
|
| Warrant Initial Exercise Price: |
$0.40 |
|
| Warrant Term to Expiry: |
2 Years |
|
| Number of Placees: |
33 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
Pro-Group=P |
# of Shares |
| Aggregate Pro-Group |
||
| Involvement [1 Placee] |
P |
40,000 |
| Finder's Fee: |
||
| CANACCORD GENUITY CORP |
$1,500.00 cash |
|
| LEEDE JONES GABLE INC |
$8,000.00 cash |
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.
________________________________________
SPARTON RESOURCES INC. ("SRI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 16, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Property Option Agreement (the "Agreement") dated June 26, 2017, between Sparton Resources Inc. (the "Company") and (2) two arm's length parties (collectively, the "Vendors"), whereby the Company may acquire a 100% interest in certain mineral interests and mining claims (the "Bruell Property") located in Vauquelin Township, Louvicourt, Val d'Or, Quebec.
Under the terms of the Agreement, the Company will make aggregate cash payments of $300,000, issue 1,500,000 common shares and incur $1,500,000 of exploration expenditures over a five year period to earn a 100% interest in the Property .
For further details, please refer to the Company's news release dated August 11, 2017.
________________________________________
TERRA FIRMA CAPITAL CORPORATION ("TII")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 16, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 25, 2017:
| Number of Shares: |
5,000,000 shares |
| Purchase Price: |
$0.65 per share |
| Warrants: |
5,000,000 share purchase warrants attached to purchase 5,000,000 shares |
| Warrant Exercise Price: |
$0.85 for a three year period |
| 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
QUADRO RESOURCES LTD. ("QRO.H")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 16, 2017
NEX Company
Effective at the open, Thursday, August 17, 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 June 7, 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.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
Share this article