VANCOUVER, Nov. 7, 2017 /CNW/ -
TSX VENTURE COMPANIES
ACCEND CAPITAL CORPORATION. ("ADP")
BULLETIN TYPE: Halt
BULLETIN DATE: November 7, 2017
TSX Venture Tier 2 Company
Effective at 11:36 a.m. PST, November 6, 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.
________________________________________
AMERICAN CUMO MINING CORPORATION ("MLY") ("MLY.RT")
BULLETIN TYPE: Rights Offering-Shares
BULLETIN DATE: November 7, 2017
TSX Venture Tier 2 Company
The Company has announced it will offer to Shareholders of record on November 10, 2017, Rights to purchase shares of the Company. One (1) Right will be issued for each share held. 2 Rights and $0.07 are required to purchase one Share. The expiry date for the Rights Offering is December 11, 2017. As at November 2, 2017 the Company had 143,214,988 shares issued and outstanding.
Effective at the opening November 9, 2017, the shares of the Company will trade Ex-Rights and the Rights will commence trading at that time on a 'when-issued basis'. The Company is classified as a 'Gold Mining' company.
Summary:
| Basis of Offering: |
Two (2) Rights exercisable for One (1) Share at $0.07 per Share. |
| Record Date: |
November 10, 2017 |
| Shares Trade Ex-Rights: |
November 9, 2017 |
| Rights Called for Trading: |
November 9, 2017 |
| Rights Trade for Cash: |
December 7, 2017 |
| - Trading in the rights shall be for cash for the three trading days preceding the expiry date. |
|
| Rights Expire: |
December 11, 2017, |
| December 7, 2017 - TO SETTLE – December 8, 2017 |
|
| December 8, 2017 - TO SETTLE – December 11, 2017 |
|
| December 11, 2017 - TO SETTLE – December 11, 2017 |
|
| Rights Trading Symbol: |
MLY.RT |
| Rights CUSIP Number: |
025308115 |
| Rights Agent: |
Computershare Trust Company of Canada |
| Authorized Jurisdiction(s): |
Province or Territory of Canada and to shareholders resident in the United States other than in the states of Arizona, Arkansas, California, Minnesota, Ohio and Wisconsin. |
For further details, please refer to the Company's Rights Offering Circular dated November 2, 2017.
________________________________________
BLOCK ONE CAPITAL INC. ("BLOK")
[formerly Essex Angel Capital Inc. ("EXC")]
BULLETIN TYPE: Name Change
BULLETIN DATE: November 7, 2017
TSX Venture Tier 2 Company
Pursuant to a resolution passed by directors October 24, 2017, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening November 9, 2017, the common shares of Block One Capital Inc. will commence trading on TSX Venture Exchange, and the common shares of Essex Angel Capital Inc. will be delisted. The Company is classified as an 'Investment Management' company.
| Capitalization: |
Unlimited shares with no par value of which |
| 43,588,333 shares are issued and outstanding |
|
| Escrow: |
None |
| Transfer Agent: |
TSX Trust Company |
|
| Trading Symbol: |
BLOK |
(new) |
| CUSIP Number: |
09367W107 |
(new) |
________________________________________
CANAMEX GOLD CORP. ("CSQ")
[formerly Canamex Resources Corp. ("CSQ")]
BULLETIN TYPE: Name Change
BULLETIN DATE: November 7, 2017
TSX Venture Tier 2 Company
Pursuant to a Directors' Resolution dated October 18, 2017, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening November 8, 2017, the common shares of Canamex Gold Corp. will commence trading on TSX Venture Exchange, and the common shares of Canamex Resources Corp. will be delisted. The Company is classified as a 'Mining' company.
| Capitalization: |
Unlimited |
shares with no par value of which |
| 61,365,676 |
shares are issued and outstanding |
|
| Escrow: |
Nil |
|
| Transfer Agent: |
Computershare Investor Services Inc. |
|
| Trading Symbol: |
CSQ |
(unchanged) |
| CUSIP Number: |
13711B108 |
(new) |
________________________________________
FANLOGIC INTERACTIVE INC ("FLGC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 7, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 3, 2017.
| Number of Securities: |
5,000,000 common shares |
| Purchase Price: |
$0.05 |
| Warrants: |
None |
| Warrant Exercise Price: |
None |
| Number of Placees: |
2 Placees |
| Insider / |
|
| Pro Group Participation: |
None |
| Finder's Fee: |
None |
________________________________________
GALILEO EXPLORATION LTD. ("GXL")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: November 07, 2017
TSX Venture Tier 2 Company
Private Placement:
| # of Warrants: |
|
| Original Expiry Date of Warrants: |
November 12, 2015 |
| New Expiry Date of Warrants: |
November 12, 2018 |
| Exercise Price of Warrants: |
$0.10 |
These warrants were issued pursuant to a private placement of 1,516,000 shares with 758,000 share purchase warrants attached, which was accepted for filing by the Exchange effective November 07, 2017.
________________________________________
GGL RESOURCES CORP. ("GGL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 7, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Sep 12, 2017:
| Number of Shares: |
15,000,000 shares |
| Purchase Price: |
$0.10 per share |
| Number of Placees: |
15 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
| Strategic Metals Ltd. |
Y |
10,000,000 |
| (Eaton W. Douglas) |
||
| John Graham Eacott |
Y |
50,000 |
| William A. Barclay |
Y |
200,000 |
| Nick DeMare |
Y |
50,000 |
| Aggregate Pro-Group Involvement [1 Placee] |
P |
300,000 |
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.
________________________________________
GRAPHITE ONE RESOURCES INC. ("GPH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 7, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 24, 2017:
| Number of Shares: |
9,697,143 share units ("Units"). |
| Each unit consists of one common share and one transferable common share purchase warrant. |
|
| Purchase Price: |
$0.07 per Unit |
| Warrants: |
9,697,143 share purchase warrants to purchase 9,697,143 shares. |
| Warrant Exercise Price: |
$0.12 per common share for up to 5 years from date of issuance |
| Number of Placees: |
2 Placees |
| Insider / Pro Group Participation: |
None |
| Finder's Fee: |
None |
________________________________________
IMEX SYSTEMS INC. ("IMEX")
BULLETIN TYPE: Halt
BULLETIN DATE: November 7, 2017
TSX Venture Tier 2 Company
Effective at 8:38 a.m. PST, November 7, 2017, trading in the shares of the Company was halted at the request of the Company, pending company contact; 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.
________________________________________
ITAFOS ("IFOS")
BULLETIN TYPE: Halt
BULLETIN DATE: November 7, 2017
TSX Venture Tier 2 Company
Effective at 6:06 a.m. PST, November 7, 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.
________________________________________
LITHIUM X ENERGY CORP. ("LIX")
BULLETIN TYPE: Prospectus-Unit Offering, Correction
BULLETIN DATE: November 7, 2017May 11, 2001
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletin dated November 6, 2017, the following symbol should have read as follows:
LITHIUM X ENERGY CORP. ("LIX")
All other information remains unchanged.
______________________________________
MATRRIX ENERGY TECHNOLOGIES INC. ("MXX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 7, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation an asset purchase agreement (the "Agreement") between the Company and Deloitte Restructuring Inc., as court-appointed receiver for Vortex Drilling Ltd. ("Vortex") whereby the Company acquired three complete tele-double drilling rigs and related assets from Vortex. In consideration, the Company paid $6,100,000 in cash.
Insider / Pro Group Participation: None
For further information, please refer to the Company's press releases dated October 2, 2017 and October 30, 2017
________________________________________
MILLENNIAL ESPORTS CORP. ("GAME")
BULLETIN TYPE: Halt
BULLETIN DATE: November 7, 2017
TSX Venture Tier 2 Company
Effective at 6:18 a.m. PST, November 7, 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.
________________________________________
MILLENNIAL ESPORTS CORP. ("GAME")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 7, 2017
TSX Venture Tier 2 Company
Effective at 7:00 a.m., PST, November 7, 2017, shares of the Company resumed trading, an announcement having been made.
________________________________________
MOSAIC CAPITAL CORPORATION ("M")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: November 7, 2017
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
| Dividend Amount per Common Share: |
$0.035 |
| Payable Date: |
November 30, 2017 |
| Record Date: |
November 15, 2017 |
| Ex-dividend Date: |
November 14, 2017 |
________________________________________
NEXOPTIC TECHNOLOGY CORP ("NXO")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: November 7, 2017
TSX Venture Tier 2 Company
Further to the Exchange Bulletin issued February 19, 2016, the Exchange has been advised that the NexOptic Technology Corp (the "Company") has completed all its obligations to acquire Spectrum Optix in accordance with an Investment Agreement dated October 22, 2015 and as amended December 1, 2015 and January 13, 2016 between Elissa Resources Ltd (now NexOptic Technology Corp), Spectrum Optix Inc ("Spectrum"), 3DB Inc, 1859764 Alberta Inc., John Daugela, Darcy Daugela and Aaron Hoddinott (collectively, the "Optionors").
In order to acquire Spectrum, the Company issued 43,767,172 shares and 8,461,815 warrants. The warrants are exercisable at prices ranging from $1.12 to $1.75 and expire on dates ranging from June 21, 2018 to June 7, 2022 as follows:
| Number of Warrants |
Exercise Price |
Expiry Date |
| 1,149,982 |
$1.12 |
June 21, 2018 |
| 118,354 |
$1.12 |
February 23, 2019 (1) |
| 3,727,403 |
$1.50 |
February 23, 2019 |
| 1,136,154 |
$1.12 |
September 21, 2020 |
| 53,846 |
$1.12 |
February 22, 2021 |
| 404,923 |
$1.12 |
July 5, 2021 |
| 175,000 |
$1.12 |
September 14, 2021 |
| 296,154 |
$1.12 |
January 10, 2022 |
| 1,400,000 |
$1.75 |
June 7, 2022 |
| (1) |
The 118,354 warrants expiring on February 23, 2019 are exercisable into Units. Each Unit is comprised of one common share and one warrant exercisable at a price of $1.50 per common share until February 23, 2019. |
Exercise of the these warrants is conditioned upon and subject to the exercise of corresponding classes of options and warrants of the Company outstanding prior to completion of the acquisition of Spectrum, such that for each 65 common shares of the Company issued on the exercise of existing options and warrants, the holders of the warrants may exercise in the aggregate only 35 corresponding warrants.
In addition, the Company paid the final instalment in accordance with the finder's fee agreement between the Company and Alexander Smith ("Finder") dated November 16, 2017. The Finder received $200,000 cash and 254,237 shares.
Further information can be found in the Company's news releases dated September 20, 2017 and November 6, 2017.
________________________________________
PINEDALE ENERGY LIMITED ("MCF")
BULLETIN TYPE: Halt
BULLETIN DATE: November 7, 2017
TSX Venture Tier 2 Company
Effective at 5:35 a.m. PST, November 7, 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.
________________________________________
PURE GOLD MINING INC. ("PGM")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: November 7, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced October 9, 2017 and October 18, 2017:
| Number of Shares: |
8,690,000 super flow through shares |
| 8,061,125 flow through shares |
|
| 14,862,167 shares |
|
| Purchase Price: |
$0.725 per super flow through share |
| $0.64 per flow through share |
|
| $0.52 per share |
|
| Number of Placees: |
60 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
| AngloGold Ashanti International Exploration Holdings Ltd. |
Y |
4,730,970 |
| Goldcorp Inc. |
Y |
2,165,043 |
| Graeme Currie |
Y |
100,000 |
| Robert Pease |
Y |
70,000 |
| Sean Tetzlaff |
Y |
78,125 |
| Aggregate Pro Group Involvement |
P |
754,828 |
| [2 placees] |
| Agent's Fee: |
Macquarie Capital Markets Canada Ltd., Haywood Securities Inc., Canaccord Genuity Corp., Raymond James Ltd., BMO Capital Markets and National Bank Financial Inc. receive a 6% cash commission. |
________________________________________
SAN MARCO RESOURCES INC. ("SMN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 7, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Sep 29, 2017:
| Number of Shares: |
8,444,000 shares |
| Purchase Price: |
$0.18 per share |
| Warrants: |
4,222,000 share purchase warrants to purchase 4,222,000 shares |
| Warrant Initial Exercise Price: |
$0.35 |
| Warrant Term to Expiry: |
18 Months |
| Number of Placees: |
41 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
| William Myckatyn |
Y |
140,000 |
| Robert Willis |
Y |
50,000 |
| Stuart Angus |
Y |
1,000,000 |
| Aggregate Pro-Group Involvement [7 Placees] |
P |
945,500 |
| Finder's Fee: |
|
| Echelon Wealth Partners |
$1,620.00 cash |
| Haywood Securities Inc. |
$41,310.00 cash |
| PI Financial Corp. |
$4,860.00 cash |
| T-Bone Ventures Inc. (John Rizzuti) |
$4,492.80 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.
________________________________________
SHERPA HOLDINGS CORP. ("SHR.P")
BULLETIN TYPE: Halt
BULLETIN DATE: November 7, 2017
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, November 7, 2017, trading in the shares of the Company was halted at the request of the Company, 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.
________________________________________
SMART EMPLOYEE BENEFITS INC. ("SEB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 7, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 2, 2017 and October 11, 2017:
| Number of Shares: |
12,500,000 shares |
| Purchase Price: |
$0.16 per share |
| Number of Placees: |
14 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
|
| Philip Armstrong |
Y |
32,000 |
|
| Aggregate Pro-Group Involvement |
P |
240,000 |
|
| [3 Placees] |
|||
| Finder's Fee: |
An aggregate of 411,250 common shares and 411,250 finders' warrants payable to Primary Capital Inc. and Leede Jones Gable Inc. Each finder's warrant entitles the holder to acquire one common share at $0.20 for an eighteen (18) month period. |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued news releases announcing the closings of the private placement and setting out the expiry dates of the hold period(s).
________________________________________
SONORO ENERGY LTD. ("SNV")
BULLETIN TYPE: Halt
BULLETIN DATE: November 7, 2017
TSX Venture Tier 2 Company
Effective at 5:41 a.m. PST, November 7, 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.
________________________________________
SONORO ENERGY LTD. ("SNV")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 7, 2017
TSX Venture Tier 2 Company
Effective at 8:00 a.m., PST, November 7, 2017, shares of the Company resumed trading, an announcement having been made.
________________________________________
STORAGEVAULT CANADA INC. ("SVI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 7, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a an asset purchase agreement executed on July 24, 2017, between the Company and with Access Self Storage Inc. ("Access"), a Non-Arms Length Party, along with Depotium Self Stockage Inc. and A-Z Storage Ltd., subsidiaries of Access (collectively, the "Vendor") whereby the Company acquired all of the storage assets, property and business used in one Toronto area store, two stores in Quebec and three stores in Nova Scotia (the "Acquisition"). The purchase price for the Acquisition is $34,200,000, and is payable by the issuance of 714,286 common shares of the Company at a deemed price of $2.80 per common share, with the remainder of the purchase price being paid with funds on hand and first mortgage financing.
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
| Access Self Storage Inc. |
Y |
714,286 |
For further information, please refer to the Company's press releases dated July 24, 2017, and August 15, 2017.
________________________________________
STRONGBOW EXPLORATION INC. ("SBW")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: November 7, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a binding letter of intent dated August 28, 2017 (the "LOI") between the Company and Osisko Gold Royalties Ltd. ("Osisko") whereby the Company has agreed to sell a 1.5% Net Smelter Returns royalty (the "Royalty") to Osisko on all metals and minerals produced from the South Crofty tin project in Cornwall, U.K. for $7,170,000. The transaction will be structured as a secured convertible note (the "Note") issued by the Company and secured by a first ranking lien on the Company's assets. The Note will be convertible into the Royalty upon the earliest date at which the Company is able to grant such a Royalty in a manner satisfactory to Osisko at its sole discretion.
The transaction is a Non-arm's length transaction as Osisko owns approximately 31.0% of the issued and outstanding shares of the Company. There are no finder's fees on the transaction.
Please refer to the Company's news release dated August 30, 2017 for further details.
Insider / Pro Group Participation: Y
________________________________________
TINKA RESOURCES LIMITED ("TK")
BULLETIN TYPE: Halt
BULLETIN DATE: November 7, 2017
TSX Venture Tier 1 Company
Effective at 5:24 a.m. PST, November 7, 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.
________________________________________
TRAVERSE ENERGY LTD. ("TVL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 7, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 5, 2017:
| Number of Shares: |
11,826,000 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") |
| Purchase Price: |
$0.46 per CEE Share |
| Warrants: |
None |
| Number of Placees: |
54 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
| David van der Lee |
Y |
165,000 |
| Cathy Erickson |
Y |
36,000 |
| David Erickson |
Y |
28,000 |
| LJS Investments Ltd |
Y |
250,000 |
| (Laurie Smith) |
||
| Laurie Smith |
Y |
250,000 |
| Shareon Supple |
Y |
44,083 |
| Adam Wells |
Y |
50,000 |
| Aggregate Pro Group Involvement |
P |
140,000 |
| [2 placee(s)] |
| Finder's Fee: |
$213,431 cash payable to Acumen Capital Finance Partners Limited |
| $35,988 cash payable to Canaccord Genuity Inc. |
________________________________________
TRUECLAIM EXPLORATION INC. ("TRM")
BULLETIN TYPE: Halt
BULLETIN DATE: November 7, 2017
TSX Venture Tier 2 Company
Effective at 8:21 a.m. PST, November 7, 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.
________________________________________
NEX COMPANIES
AINTREE RESOURCES INC. ("AIN")
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: November 7, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing Aintree Resources Inc's (the "Company") Qualifying Transaction described in its filing statement dated August 24, 2017 (the "Filing Statement"). As a result, effective at the opening on Wednesday, November 8, 2017, the trading symbol for the Company will change from AIN.H to AIN 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 Tonopah Project:
The Company acquired the Tonopah Project through its US subsidiary, 0862130 Corp. from Midway Gold US Inc. ('Midway") on March 24, 2017, by assuming certain royalty and environmental obligations and by providing other valuable considerations including US$25,000 in cash payments. On June 22, 2015, Midway filed a voluntary petition for relief under chapter 11 of title 11 of the United States Code (the "Bankruptcy Code") in the United States Bankruptcy Court for the District of Colorado (the "Bankruptcy Court"). On March 22, 2017, the Bankruptcy Court issued an order authorizing the sale of the Tonopah Project by Midway to the Company free and clear of liens, claims and interests pursuant to applicable sections of the Bankruptcy Code. The Tonopah Project consists of 444 unpatented mineral claims, 185 of which are subject to a royalty interest.
The Company also entered into a Royalty Deed Modification and Waiver of Claims Agreement with underlying royalty holders on the Tonopah Project to waive certain claims by the royalty holders against Midway, eliminate advance royalty payments, and restructuring an onerous sliding scale Net Smelter Royalty ("NSR") into a flat 2% NSR structure. In exchange, the Company paid consideration of US$50,000 and 1.5 million Shares, subject to customary exchange approvals and hold periods.
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:
Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced June 5, 2017:
| Number of Shares: |
4,216,800 shares |
| Purchase Price: |
$0.25 per share |
| Warrants: |
4,216,800 share purchase warrants to purchase 4,216,800 shares |
| Warrant Exercise Price: |
$0.35 for a two year period |
| Number of Placees: |
101 placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
| Katherine Wood |
P |
1,000 |
| Douglas Wood |
P |
1,000 |
| Stewart Vorberg |
P |
1,000 |
| Adam Vorberg |
P |
1,000 |
| Gary MacDonald |
Y |
100,000 |
| Christopher Herald |
Y |
200,000 |
| Finder's Fee: |
Mackie Research Capital will receive cash in the amount of $340 |
| Foster & Associates Financial Services Inc. will receive cash in the amount of $1,480 |
|
| PI Financial Corp will receive cash in the amount of $3,000 |
|
| Canaccord Genuity Corp. will receive 12,800 Units in lieu of cash |
|
| Haywood Securities Inc. will receive cash in the amount of $3,000 |
|
| Leede Jones Gable Inc. will receive cash in the amount of $2,000 |
| Capitalization: |
Unlimited |
shares with no par value of which |
| 14,470,967 |
shares are issued and outstanding |
|
| Escrow: |
191,666 |
shares are subject to a 36 month staged release CPC escrow agreement. |
| 2,000,000 |
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: |
AIN |
(NEW) |
| CUSIP Number: |
00905Q 20 7 |
(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 Wednesday, November 8, 2017, the Company's Tier classification will change from NEX to Tier 2.
Symbol Change:
Effective at the opening on Wednesday, November 8, 2017, the trading symbol for the Company will change from ('AIN.H') to ('AIN'). 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 Wednesday, November 8, 2017, trading in the shares of the Company will resume.
________________________________________
A.I.S. RESOURCES LIMITED ("AIS")
[formerly A.I.S. Resources Limited ("AIS.H")]
BULLETIN TYPE: Graduation from NEX to TSX Venture, Symbol Change, Private Placement – Non-Brokered
BULLETIN DATE: November 7, 2017
NEX Company
A.I.S. Resources Limited (the "Company") has met the requirements to be listed as a TSX Venture Tier 2 Company. Therefore, effective on opening, Wednesday, November 8, 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 Vancouver.
Effective at the opening Wednesday, November 8, 2017 the trading symbol for the Company will change from AIS.H to AIS.
| Capitalization: |
Unlimited |
shares with no par value of which |
| 45,894,257 |
shares are issued and outstanding |
|
| Escrow: |
Nil |
shares |
Private Placement –Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 10, 2017:
| Number of Units: |
14,170,000 units |
| Purchase Price: |
$0.20 per unit |
| Warrants: |
14,170,000 share purchase warrants to purchase 14,170,000 shares |
| Warrant Exercise Price: |
$0.30 for a one year period |
| Number of Placees: |
56 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
| Mackie Research Capital |
Y |
100,000 |
| (Anthony Balme) |
||
| Mackie Research Capital |
Y |
250,000 |
| (Marc Enright-Morin) |
||
| Martyn Element |
Y |
500,000 |
| Panopus Plc |
Y |
750,000 |
| (Philip Thomas) |
||
| Aggregate Pro Group Involvement |
P |
875,000 |
| [6 Placee(s)] |
| Finder's Fee: |
Skanderbeg Capital Advisors Inc. – Securities: 373,975 Shares, 373,975 Finder's Warrants each entitling the holders to purchase one Share, exercisable at $0.30 |
| Arcon Holdings Ltd. – Cash $3,500; Securities: 17,500 Finder's Warrants, each entitling the holders to purchase one Share, exercisable at $0.30 |
|
| Hillcrest Merchant Partners Inc. –Securities: 42,000 Shares, 42,000 Finder's Warrants each entitling the holders to purchase one Share, exercisable at $0.30 |
|
| Marc Bamber – Cash $5,600; Securities: 28,000 Finder's Warrants, each entitling the holders to purchase one Share, exercisable at $0.30 |
|
| Mackie Research Inc. – Cash $350; Securities: 1,750 Finder's Warrants, each entitling the holders to purchase one Share, exercisable at $0.30 |
|
| Industrial Alliance Securities – Cash $31,500; Securities: 157,500 Finder's Warrants, each entitling the holders to purchase one Share, exercisable at $0.30 |
|
| Leede Jones Gable Inc. – Cash $5,250; Securities: 26,250 Finder's Warrants, each entitling the holders to purchase one Share, exercisable at $0.30 |
|
| Gravitas Securities Inc. – Cash $450; |
_______________________________________
CARACARA SILVER INC. ("CSV.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 7, 2017
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 20, 2017:
| Number of Shares: |
30,000,000 common share units ("Units") |
| Each Unit consists of one common share and one common share purchase warrant |
|
| Purchase Price: |
$0.005 per Unit |
| Warrants: |
30,000,000 share purchase warrants to purchase 30,000,000 shares |
| Warrant Exercise Price: |
$0.005 for a one year period |
| Number of Placees: |
9 Placees |
| Insider / Pro Group Participation: |
None |
| Finder's Fee: |
None |
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.
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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