VANCOUVER, Oct. 13, 2017 /CNW/ -
TSX VENTURE COMPANIES
ACCEND CAPITAL CORPORATION. ("ADP")
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Property-Asset or Share Purchase Agreement, Private Placement –Non-Brokered, Graduation from NEX to TSX Venture, Resume Trading
BULLETIN DATE: October 13, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing Accend Capital Corporation's (the "Company") Qualifying Transaction described in its filing statement dated October 2, 2017 (the "Filing Statement"). As a result, effective at the opening on Monday, October 16, 2017, the trading symbol for the Company will change from ADP.H to ADP and the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following matters, all of which have been accepted by the Exchange.
Acquisition of the Silverside Cobalt Property:
On May 25, 2017, the Company entered into a Property Acquisition Agreement with Gino Chitaroni and Caamo Capital Corp. (together, the "Vendors"), pursuant to which the Company acquired the Silverside Cobalt Property (the "Property"). The Property consists of a series of four mineral claims located in Lundy Township in the Province of Ontario. In consideration for the Property, the Company has agreed to complete a cash payment of $200,000 and issue 200,000 Common Shares to the Vendors within five business days of the issuance of the final Exchange Bulletin. Following completion of the cash payment and share issuance, the Company will own a one-hundred percent interest in the Property, subject to a two percent net milling returns royalty on production from the Property in favour of the Vendors. One-half of the royalty may be acquired by the Company in consideration for a further cash payment of $1,000,000.
On May 31, 2017, the Company entered into a Property Option Agreement with the Vendors, pursuant to which the Company was granted the right to acquire a series of eleven mineral claims located in Lundy Township in the Province of Ontario in the immediate vicinity of the Property. In order to exercise this right and acquire the claims, the Company is required to complete (i) an initial cash payment of $25,000 (paid); (ii) issue 50,000 Common Shares to the Vendors within five business days of the issuance of the Final Exchange Bulletin; and (iii) complete a further cash payment of $150,000 and issue a further 200,000 Common Shares within ninety days of the issuance of the final Exchange Bulletin.
The Exchange has been advised that the transaction has been completed. The full particulars of the Company's Qualifying Transaction are set forth in the Filing Statement, which has been accepted for filing by the Exchange and which is available under the Company's profile on SEDAR.
Private Placement –Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 29, 2017:
Number of Shares: |
10,000,000 shares |
|
Purchase Price: |
$0.20 per share |
|
Warrants: |
5,000,000 share purchase warrants to purchase 5,000,000 shares |
|
Warrant Exercise Price: |
$0.40 for a two year period. The warrants are subject to an accelerated expiry provision in the event the closing price of the Company's shares is $0.75 or greater for 10 consecutive trading days. |
|
Number of Placees: |
72 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Simon Clarke |
Y |
150,000 |
Andy Edelmeier |
Y |
27,500 |
Graham Harris |
Y |
120,000 |
Aggregate Pro Group |
||
Involvement [2 Placees] |
P |
50,000 |
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.
Private Placement –Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 22, 2017:
Number of Shares: |
12,000,000 shares |
|
Purchase Price: |
$0.05 per share |
|
Number of Placees: |
20 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
G.K.M Holdings Ltd. (Graham Harris) |
Y |
800,000 |
1410079 Alberta ULC (Michael Kobler) |
Y |
1,200,000 |
Simon Clarke |
Y |
400,000 |
Andy Edelmeier |
Y |
1,200,000 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a closing news release dated May 17, 2017 announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
Capitalization: |
Unlimited |
shares with no par value of which |
25,075,000 |
shares are issued and outstanding |
|
Escrow: |
1,375,000 |
shares are subject to a 36 month staged release CPC escrow agreement. |
12,000,000 |
shares are subject to a 36 month staged release under a Tier 2 Value Security Escrow Agreement. |
|
Transfer Agent: |
Computershare Trust Company of Canada |
|
Trading Symbol: |
ADP |
(NEW) |
CUSIP Number: |
00432Q 10 0 |
(UNCHANGED) |
Graduation from NEX to TSX Venture:
In accordance with Policy 2.5, the Company has met the requirements for a Tier 2 company. Therefore, effective at the opening on Monday, October 16, 2017, the Company's Tier classification will change from NEX to Tier 2.
Symbol Change:
Effective at the opening on Monday, October 16, 2017, the trading symbol for the Company will change from ('ADP.H') to ('ADP'). There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The Company is classified as a 'Mineral Exploration' company.
Resume Trading:
Effective at the opening on Monday, October 16, 2017, trading in the shares of the Company will resume.
________________________________________
AZINCOURT ENERGY CORP. ("AAZ")
[formerly AZINCOURT URANIUM INC. ("AAZ")]
BULLETIN TYPE: Name Change
BULLETIN DATE: October 13, 2017
TSX Venture Tier 2 Company
Pursuant to a Directors' Resolution dated August 10, 2017, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening October 16, 2017, the common shares of Azincourt Energy Corp. will commence trading on TSX Venture Exchange. The Company is classified as a 'Mineral Exploration/Development' company.
Capitalization: |
Unlimited |
shares with no par value of which |
43,741,415 |
shares are issued and outstanding |
|
Escrow: |
Nil |
|
Transfer Agent: |
TSX Trust Company |
|
Trading Symbol: |
AAZ |
(UNCHANGED) |
CUSIP Number: |
05478T108 |
(new) |
________________________________________
BTU METALS CORP. ("BTU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Oct 13, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Oct 12, 2017:
Number of Shares: |
6,381,000 shares |
|
Purchase Price: |
$0.12 per share |
|
Warrants: |
3,190,500 share purchase warrants to purchase 3,190,500 shares |
|
Warrant Initial Exercise Price: |
$0.18 |
|
Warrant Term to Expiry: |
18 Months |
|
Number of Placees: |
39 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
Pro-Group=P |
# of Shares |
Landmark Holdings Corp. |
||
(Dennis Logan) |
Y |
417,000 |
England Communications Ltd. |
||
(Michael England) |
Y |
350,000 |
Kappa Advisors Ltd. |
||
(Paul Wood) |
Y |
250,000 |
Aggregate Pro-Group |
||
Involvement [4 Placees] |
P |
310,000 |
Finder's Fee: |
||
Haywood Securities Inc. |
$21,516.00 cash; 146,800 warrants |
|
PI Financial Corp. |
$2,880.00 cash; 24,000 warrants |
|
GMP Securities L.P. |
$1,632.00 cash; 13,600 warrants |
|
Industrial Alliance Securities Inc. |
$6,019.20 cash; 50,160 warrants |
|
Finder Warrant Initial Exercise Price: |
$0.12 |
|
Finder Warrant Term to Expiry: |
18 Months |
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.
________________________________________
EMPIRE INDUSTRIES LTD. ("EIL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 13, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement ("Private Placement") announced August 28, 2017:
Number of Subscription Receipts: |
6,000,000 subscription receipts ("Subscription Receipts") |
|
Each Subscription Receipt will be automatically exchanged for one common share of Empire Industries Ltd. ("the Company") and the proceeds of the Company's Subscription Receipt Private Placement will be released upon satisfaction of certain escrow release conditions. The escrow release conditions include: (i) the closing of the rights offering to be completed by the Company (described below); and (ii) the Company shall have invested at least $6-million of equity in Dynamic Entertainment Group Ltd. on or before Jan. 31, 2018. The Subscription Receipts and the underlying common shares will be subject to a four-month-and-one-day hold period. |
||
Purchase Price: |
$0.50 per Subscription Receipt |
|
Warrants: |
None |
|
Number of Placees: |
1 Placee |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
# of Subscription |
|
Name |
ProGroup=P |
Receipts |
Excellence Raise Overseas |
||
(James Chui) |
Y |
6,000,000 |
Finder's Fee: |
Upon satisfaction of Escrow Release Conditions Excellence Overseas Raise Ltd will be paid a corporate finance fee in the amount of $180,000 |
________________________________________
ESREY RESOURCES LTD. ("ESR")
[formerly Esrey Energy Ltd. ("EEL")]
BULLETIN TYPE: Name Change
BULLETIN DATE: October 13, 2017
TSX Venture Tier 2 Company
Pursuant to a resolution passed by the Directors dated August 25, 2017, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening October 16, 2017, the common shares of Esrey Resources Ltd. will commence trading on TSX Venture Exchange, and the common shares of Esrey Energy Ltd. will be delisted. The Company is classified as a 'Mineral Exploration and Development' company.
Capitalization: |
Unlimited |
shares with no par value of which |
79,525,540 |
shares are issued and outstanding |
|
Escrow: |
N/A |
|
Transfer Agent: |
Computershare Trust Company of Canada |
|
Trading Symbol: |
ESR |
(new) |
CUSIP Number: |
29669T107 |
(new) |
________________________________________
GARIBALDI RESOURCES CORP. ("GGI")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: October 13, 2017
TSX Venture Tier 2 Company
Effective at 6:58 a.m. PST, October 13, shares of the Company resumed trading, an announcement having been made.
________________________________________
GARIBALDI RESOURCES CORP. ("GGI")
BULLETIN TYPE: Halt
BULLETIN DATE: October 13, 2017
TSX Venture Tier 2 Company
Effective at 6:53 a.m. PST, October 13, 2017, trading in the shares of the Company was halted due to single stock circuit breaker. 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.
________________________________________
GRAY ROCK RESOURCES LTD. ("GRK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Oct 13, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 1, 2017:
Number of Shares: |
640,500 shares |
Purchase Price: |
$0.40 per share |
Warrants: |
320,250 share purchase warrants to purchase 320,250 shares |
Warrant Initial Exercise Price: |
$0.60 |
Warrant Term to Expiry: |
1 Year |
Number of Placees: |
18 Placees |
Finder's Fee: |
|
Canaccord Genuity Corp |
$10,080.00 cash; 25,200 warrants |
Finder Warrant Initial Exercise Price: |
$0.60 |
Finder Warrant Term to Expiry: |
One year |
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.
________________________________________
HARVEST ONE CANNABIS INC. ("HVST")
BULLETIN TYPE: Halt
BULLETIN DATE: October 13, 2017
TSX Venture Tier 1 Company
Effective at 5:05 a.m. PST, October 13, 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.
________________________________________
HARVEST ONE CANNABIS INC. ("HVST")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: October 13, 2017
TSX Venture Tier 1 Company
Effective at 9:15 a.m., PST, October 13, 2017, shares of the Company resumed trading, an announcement having been made.
________________________________________
INTERNATIONAL BARRIER TECHNOLOGY INC. ("IBH")
BULLETIN TYPE: Delist-Offer to Purchase
BULLETIN DATE: October 13, 2017
TSX Venture Tier 2 Company
Effective at the close of business on Friday October 13, 2017, the common shares of International Barrier Technology (the "Company") will be delisted from TSX Venture Exchange and cease to be quoted on the OTCQB. The delisting of the Company's shares results from Louisiana-Pacific Canada Ltd and Louisiana-Pacific Corporation (collectively, "LP") purchasing 100% of the Company's shares pursuant to an Arrangement Agreement (the "Arrangement") dated July 31, 2017. Pursuant to the Arrangement, the Company's shareholders will receive US$0.41 per common share for a total purchase price of US$22 million. For further information please refer to the management information circular dated August 28, 2017 and the Company's news releases dated July 31, 2017, August 31, 2017, September 28, 2017, October 3, 2017 and October 11, 2017.
________________________________________
INTERNATIONAL BARRIER TECHNOLOGY INC. ("IBH")
BULLETIN TYPE: Halt
BULLETIN DATE: October 13, 2017
TSX Venture Tier 2 Company
Effective at 10:02 a.m. PST, , 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.
________________________________________
MILLENIUM LITHIUM CORP ("ML")
BULLETIN TYPE: Prospectus-Unit Offering
BULLETIN DATE: October 13, 2017
TSX Venture Tier 2 Company
Effective October 13, 2017, the Company's Prospectus dated September 14, 2017 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the British Columbia Securities Commission, pursuant to the provisions of the Securities Act.
TSX Venture Exchange has been advised that closing occurred on September 26, 2017 for gross proceeds of $11,500,000.
Offering: |
9,200,000 units including the full exercise of the over-allotment option. Each unit consisting of one share and one-half of one share purchase warrant. |
Unit Price: |
$1.25 per unit. |
Warrant Exercise Price/Term: |
$1.50 per share to September 26, 2019. |
Agents' Warrants: |
484,924 non-transferable warrants exercisable to purchase one share at $1.25 per share to October 12, 2019. The Agents also received a cash commission of $606,155 and a corporate finance fee of 50,000 common shares at a deemed price of $1.25 per common share. |
________________________________________
OSISKO METALS INCORPORATED ("OM")
BULLETIN TYPE: Private Placement-Brokered, Private Placement – Non-Brokered
BULLETIN DATE: October 13, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced June 29, 2017:
Number of Shares: |
31,562,500 shares |
|
Purchase Price: |
$0.80 per share |
|
Warrants: |
15,781,250 share purchase warrants to purchase 15,781,250 shares |
|
Warrant Exercise Price: |
$1.00 for a two year period |
|
Number of Placees: |
76 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Osisko Gold Royalties Ltd. |
Y |
2,500,000 |
9001-2998 Quebec Inc. |
||
(Claude Charron) |
Y |
20,000 |
Bryan Coates |
Y |
43,750 |
Paul Dumas |
Y |
37,500 |
Jeff Hussey |
Y |
50,000 |
Aggregate Pro Group |
||
Involvement [5 Placee] |
P |
180,750 |
Agent's Fee: |
Canaccord Genuity Corp. - $411,843.75 |
|
National Bank Financial Inc. - $286,781.25 |
||
BMO Nesbitt Burns Inc. - $122,906.25 |
||
Cormark Securities Inc. - $20,484.38 |
||
Haywood Securities Inc. - $20,484.38 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release dated July 18, 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.]
________________________________________
OSISKO METALS INCORPORATED ("OM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 13, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 29, 2016:
Number of Shares: |
3,883,333 flow-through shares |
|
Purchase Price: |
$0.90 per share |
|
Number of Placees: |
43 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
John Burzynski |
Y |
300,000 |
Joanne Ferstman |
Y |
40,000 |
Francoise Bertrand |
Y |
17,000 |
Bryan Coates |
Y |
110,000 |
Paul Dumas |
Y |
20,000 |
Andre Gaumond |
Y |
12,000 |
Jeff Hussey |
Y |
34,000 |
Luc Lessard |
Y |
34,000 |
Robert Wares |
Y |
252,000 |
Sean Roosen |
Y |
225,000 |
Aggregate Pro Group |
||
Involvement [3 Placees] |
P |
36,000 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release dated July 18, 2017 announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
________________________________________
RAINY MOUNTAIN ROYALTY CORP. ("RMO")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: October 13, 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: |
2,954,000 |
Original Expiry Date of Warrants: |
October 26, 2017 |
New Expiry Date of Warrants: |
October 26, 2019 |
Exercise Price of Warrants: |
$0.10 |
These warrants were issued pursuant to a private placement that was accepted for filing by the Exchange effective October 31, 2016.
________________________________________
SOLARVEST BIOENERGY INC. ("SVS")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: October 13, 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: |
242,000 |
Original Expiry Date of Warrants: |
October 29, 2017 |
New Expiry Date of Warrants: |
October 29, 2018 |
Exercise Price of Warrants: |
$0.35 |
These warrants were issued pursuant to a private placement of 242,000 shares with 242,000 share purchase warrants attached, which was announced by the Company on April 28, 2015.
________________________________________
NEX COMPANIES
WESTRIDGE RESOURCES INC ("WST.H")
BULLETIN TYPE: Delist
BULLETIN DATE: October 13, 2017
NEX Company
Effective at the close of business October 16, 2017, the common shares will be delisted from TSX Venture Exchange at the request of the Company.
The Company will begin trading on the Canadian Securities Exchange.
________________________________________
SOURCE TSX Venture Exchange
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