VANCOUVER, Dec. 20, 2017 /CNW/ -
TSX VENTURE COMPANIES
BTL GROUP LTD. ("BTL")
BULLETIN TYPE: Halt
BULLETIN DATE: December 20, 2017
TSX Venture Tier 2 Company
Effective at 6:50 a.m. PST, December 20, 2017, trading in the shares of the Company was halted due to a 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.
________________________________________
BTL GROUP LTD. ("BTL")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 20, 2017
TSX Venture Tier 2 Company
Effective at 6:55 a.m. PST, December 20, 2017, shares of the Company resumed trading, an announcement having been made.
________________________________________
CANUC RESOURCES CORPORATION ("CDA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 27, 2017:
Number of Shares: |
1,162,335 shares |
|
Purchase Price: |
$0.40 per share |
|
Warrants: |
581,167 share purchase warrants to purchase 581,167 shares |
|
Warrant Exercise Price: |
$0.60 for a two year period |
|
Number of Placees: |
14 Placees |
|
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
Christopher J. Berlet |
Y |
25,000 |
Hubert J. Mockler |
Y |
37,500 |
Finder's Fee: |
An aggregate of $4,700 in cash and 4,000 finders' warrants payable to Canaccord Genuity Corp. and Aligned Capital Partners Inc. Each finder's warrant entitles the holder to acquire one common share at $0.40 for a two year period. |
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 November 27, 2017.
________________________________________
CWC ENERGY SERVICES CORP. ("CWC")("CWC.RT")
BULLETIN TYPE: Rights Offering-Shares
BULLETIN DATE: December 20, 2017
TSX Venture Tier 1 Company
Further to TSXV Exchange (the "Exchange") bulletin dated October 31, 2017, and expiry of the Company's Rights Offering on December 11, 2017, the Exchange has accepted for filing the Rights Offering pursuant to which 130,148,781 common shares were issued.
For further information, please refer to the Company's news releases dated October 31, 2017 and December 13, 2017.
________________________________________
EQUINOX GOLD CORP. ("EQX") ("EQX.WT")
[formerly TREK MINING INC. ("TREK") ("TREK.WT"); ANFIELD GOLD CORP. ("ANF")]
BULLETIN TYPE: Plan of Arrangement, Name Change, Delist
BULLETIN DATE: December 20, 2017
TSX Venture Tier 1 Company
Plan of Arrangement
Pursuant to resolutions passed by the shareholders of Anfield Gold Corp. ('Anfield'), and NewCastle Gold Ltd. ('NewCastle') on December 19, 2017, Anfield, and NewCastle have approved a business combination by way of plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement"). The Arrangement is expected to be completed at 12:01 a.m. on December 22, 2017, and will result in Trek Mining Inc. ("Trek") acquiring all the issued and outstanding common shares of Anfield and NewCastle. In exchange, each Anfield shareholder will be entitled to receive 0.407 of a Trek common share for each Anfield share held and each NewCastle shareholder will be entitled to receive 0.873 of a Trek common share for each NewCastle share held. Anfield and NewCastle shareholders will have to remit a letter of transmittal in order to receive the consideration (i.e. Trek shares) to which they are entitled.
Name Change
Pursuant to a directors' resolution passed December 20, 2017, Trek will change its name to Equinox Gold Corp. ("Equinox") concurrently with the closing of the Arrangement. There is no consolidation of capital.
Effective at the opening Friday, December 22, 2017, the common shares and warrants of Equinox will commence trading on TSX Venture Exchange, and the common shares and warrants of Trek and the common shares of Anfield Gold Corp. will be delisted.
Capitalization (Shares): |
unlimited |
common shares with no par value of which |
404,749,095 |
common shares are issued and outstanding |
|
Capitalization (Warrants): |
80,466,919 |
warrants issued and outstanding |
Escrow: |
nil |
|
Transfer Agent: |
Computershare Trust Company of Canada |
|
(for both common shares and warrants) |
||
Trading Symbol: |
EQX |
Common Shares (new) |
EQX.WT |
Warrants (new) |
|
CUSIP: |
29446Y106 |
Common Shares (new) |
29446Y114 |
Warrants (new) |
The Warrants were issued pursuant to a Warrant Indenture dated September 27, 2016. One Warrant entitles the holder to purchase one share in the capital of Trek at a price of $3.00 per share and will expire on October 6, 2021.
Delist
Effective at the opening Friday, December 22, 2017, the common shares of Anfield Gold Corp. (TSXV: "ANF") will be delisted from TSX Venture Exchange at the request of Anfield.
For further details, please refer to Trek's news release dated October 25, 2017.
________________________________________
FINLAY MINERALS LTD. ("FYL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Dec 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Dec 07, 2017:
Flow-Through Shares: |
||
Number of FT Shares: |
1,275,000 flow through shares |
|
Purchase Price: |
$0.11 per flow through share |
|
Warrants: |
637,500 share purchase warrants to purchase 637,500 shares |
|
Warrant Initial Exercise Price: |
$0.20 |
|
Warrant Term to Expiry: |
4 Years |
|
Non Flow-Through Shares: |
||
Number of Non-FT Shares: |
778,000 non flow through shares |
|
Purchase Price: |
$0.09 per non flow through share |
|
Warrants: |
778,000 share purchase warrants to purchase 778,000 shares |
|
Warrant Initial Exercise Price: |
$0.20 |
|
Warrant Term to Expiry: |
4 Years |
|
Number of Placees: |
11 Placees |
|
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
Aggregate Pro-Group Involvement [2 Placees] |
P |
200,000 |
Finder's Fee: |
||
Randal van Eijnsbergen |
$1,831.20 cash |
|
Rick Bekkering |
$3,465.00 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.
________________________________________
GLACIER LAKE RESOURCES INC. ("GLI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Mineral Property Purchase Agreement between Glacier Lake Resources Inc. and Mammoth Geological Ltd. whereby the Company will acquire a 100% interest in a series of mineral claims in the Houston area of British Columbia. Consideration is $10,000 cash and 2,000,000 shares.
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GLACIER LAKE RESOURCES INC. ("GLI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Mineral Property Purchase Agreement between Glacier Lake Resource Inc. and England Communications Ltd. whereby the Company will acquire a 100% interest in a mineral claim in the Houston area of British Columbia. Consideration is 1,000,000 shares.
________________________________________
HASHCHAIN TECHNOLOGY INC. ("KASH")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 20, 2017
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, December 20, 2017, shares of the Company resumed trading, an announcement having been made.
________________________________________
ICC LABS, INC. ("ICC")
[formerly ICC INTERNATIONAL CANNABIS CORPORATION ("ICC")]
BULLETIN TYPE: Name Change
BULLETIN DATE: December 20, 2017
TSX Venture Tier 2 Company
Pursuant to a resolution passed by Directors resolution, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening December 21, 2017, the common shares of ICC Labs, Inc. will commence trading on TSX Venture Exchange, and the common shares of ICC International Cannabis Corporation will be delisted. The Company is classified as an 'Other Crop Farming' company.
Capitalization: |
Unlimited |
shares with no par value of which |
137,600,910 |
shares are issued and outstanding |
|
Escrow: |
24,840,007 |
shares |
Transfer Agent: |
TSX Trust Company |
|
Trading Symbol: |
ICC |
(UNCHANGED) |
CUSIP Number: |
449234103 |
(new) |
________________________________________
ITAFOS ("IFOS")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 4,585,042 shares to settle outstanding debt for CDN$9,628,589.
Number of Creditors: 1 Creditor
For further information, please refer to the Company's news release dated December 15, 2017.
________________________________________
KUTCHO COPPER CORP. ("KC")
[formerly Desert Star Resources Ltd. ("DSR")]
BULLETIN TYPE: Property-Asset or Share Acquisition Agreement, Private Placement – Non-Brokered, Private Placement-Non Brokered, Convertible Debentures, Name Change, Resume Trading
BULLETIN DATE: December 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with a share purchase agreement dated June 15, 2017 between Desert Star Resources Ltd. ("Desert Star") Capstone Mining Corp. ("Capstone") to acquire 100% of the Kutcho high grade copper-zinc-gold-silver project ("Kutcho"). The consideration for the acquisition of Capstone's wholly-owned subsidiary Kutcho Copper Corp. (the "Acquisition"), which owns Kutcho includes C$28.8 million in cash plus such number of common shares in Desert Star equal to 9.9% of the issued and outstanding shares of Desert Star subsequent to the Acquisition and any concurrent financing (4,646,892 common shares were issued to Capstone).
In connection with the Acquisition, Desert Star entered into a Precious Metals Purchase Agreement ("PMPA") with Wheaton Precious Metals Corp. ("Wheaton") under which Wheaton will pay Desert Star cash consideration totaling US$65 million for up to 100% of the payable silver production and up to 100% of the payable gold production from Kutcho, of which a total of US$7 million as an early deposit will be used to fund feasibility study expenditures, with US$3.5 million payable to Desert Star in connection with signing the PMPA and US$3.5 million payable on June 1, 2018. The balance of the US$65 million would be payable in instalments during construction of the Kutcho Project.
Insider / Pro Group Participation: Nil.
For Further information, see Desert Star's news releases dated June 15, 2017, July 31, 2017, August 10, 2017, October 26, 2017, October 31, 2017, November 2, 2017, December 8 and December 15, 2017 which are available under Desert Star's profile on SEDAR.
Private Placement – Brokered and Non-Brokered
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced November 2, 2017:
Number of Shares: |
22,574,307 shares |
|
Purchase Price: |
$0.65 per share |
|
Warrants: |
11,287,150 share purchase warrants to purchase 11,287,150 shares |
|
Warrant Exercise Price: |
$1.00 for a three year period |
|
Number of Placees: |
159 Placees |
|
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
Capstone Mining Corp. |
Y |
3,076,923 |
Wheaton Precious Metals Corp. |
Y |
6,153,846 |
Vince Sorace |
Y |
75,500 |
Rob Duncan |
Y |
155,000 |
Aggregate Pro Group Involvement |
P |
2,645,000 |
[14 Placees] |
||
Agent's Fee: |
$450,908.99 cash and 207,770 warrants payable to Macquarie Capital Markets Canada Ltd. |
|
$154,114.35 cash and 153,178 warrants payable to Haywood Securities Inc. |
||
$30,475 cash payable to Thomas E. Wharton Jr. |
||
$49,705.50 cash and 72,863 warrants payable to PI Financial Corp. |
||
69,827 warrants payable to BMO Capital Markets |
||
$585 cash and 4,50 warrants payable to Mackie Research Capital Corporation |
||
$3,900 cash and 3,000 warrants payable to Ariston Capital Corp. |
||
$19,170 cash payable to Northbay Capital Partners Corp. |
||
$3,939 cash payable to Pertinax Capital BVBA |
||
Agent's warrants are exercisable at $0.65 per share for two years. |
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, Convertible Debentures
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced November 2, 2017:
Convertible Debenture |
$20,000,000 |
|
Conversion Price: |
Convertible into 24,615,385 common shares at $0.8125 per share of principal outstanding |
|
Maturity date: |
84 months from the date of issuance |
|
Interest rate: |
10% per annum |
|
Number of Placees: |
1 Placee |
|
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
Wheaton Precious Metals Corp. |
Y |
24,615,385 |
Agent's Fee: |
$400,000 cash and 769,230 common shares payable to Macquarie Capital Markets Ltd. |
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.
Name Change
Pursuant to the acquisition of Kutcho Project, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening on Thursday, December 21 2017, the common shares of Kutcho Copper Corp. will commence trading on TSX Venture Exchange, and the common shares of Desert Star Resources Ltd. will be delisted. The Company is classified as a 'Mineral Exploration and Development' company.
Capitalization: |
Unlimited |
shares with no par value of which |
46,938,310 |
shares are issued and outstanding |
|
Escrow: |
Nil |
|
Transfer Agent: |
Computershare Investor Services Inc. |
|
Trading Symbol: |
KC |
(new) |
CUSIP Number: |
501377105 |
(new) |
Resume Trading
Effective at the opening Thursday, December 21, 2017, trading in the shares of Kutcho Copper Corp. will resume.
________________________________________
MASON GRAPHITE INC. ("LLG")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 47,212 common shares at a deemed value of $2.51 per share to settle outstanding debt for $118,500.
Number of Creditors: 2 Creditors
For further information, please refer to the Company's news release dated December 12, 2017.
MASON GRAPHITE INC. (« LLG »)
TYPE DE BULLETIN : Émission d'actions en règlement d'une dette
DATE DU BULLETIN : Le 20 décembre 2017
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation de la société relativement à l'émission proposée de 47 212 actions ordinaires au prix réputé de 2,51 $ l'action en règlement d'une dette de 118 500 $.
Nombre de créanciers : 2 créanciers
La société a annoncé ce règlement de dette en vertu d'un communiqué de presse daté du 12 décembre 2017.
________________________________________
NETWORK MEDIA GROUP INC. ("NTE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 16, 2017:
Number of Shares: |
12,650,001 shares |
|
Purchase Price: |
$0.15 per share |
|
Number of Placees: |
11 Placees |
|
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
Aggregate Pro Group Involvement |
P |
500,000 |
[1 Placee] |
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.
________________________________________
OROFINO MINERALS INC. ("ORR.H")
[formerly Orofino Minerals Inc. ("ORR")]
BULLETIN TYPE: Reinstated for Trading, Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE: December 20, 2017
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated November 3, 2017, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commissions dated November 3, 2017 has been revoked.
Effective at the opening, Thursday, December 21, 2017, trading will be reinstated in the securities of the 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 Thursday, December 21, 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 December 21, 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 ORR to ORR.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.
______________________________________
PEAT RESOURCES LIMITED ("PET")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 20, 2017
TSX Venture Tier 2 Company
Effective at 8:15 a.m. PST, December 20, 2017, shares of the Company resumed trading, an announcement having been made.
________________________________________
QMC QUANTUM MINERALS CORP. ("QMC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Dec 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Nov 16, 2017:
Number of Shares: |
2,500,000 shares |
|
Purchase Price: |
$0.65 per share |
|
Warrants: |
1,250,000 share purchase warrants to purchase 1,250,000 shares |
|
Warrant Initial Exercise Price: |
$0.80 |
|
Warrant Term to Expiry: |
18 Months |
|
Number of Placees: |
49 Placees |
|
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
Balraj Mann |
Y |
100,000 |
Aggregate Pro-Group Involvement [5 Placees] |
P |
265,000 |
Finder's Fee:
Mackie Research Capital Corporation $15,600.00 cash; 24,000 brokers' options, exercisable at $0.65 per option, consisting of one common share and one-half a share purchase warrant. Each whole warrant is exercisable at $0.80 for a period of 18 months.
PI Financial Corp $40,170.00 cash; 61,800 brokers' options, exercisable at $0.65 per option, consisting of one common share and one-half a share purchase warrant. Each whole warrant is exercisable at $0.80 for a period of 18 months.
Castle Rising Consulting Corp. $12,870.00 cash; 19,800 brokers' options, exercisable at $0.65 per option, consisting of one common share and one-half a share purchase warrant. Each whole warrant is exercisable at $0.80 for a period of 18 months.
Canaccord Genuity Corp. $5,850.00 cash; 9,000 brokers' options, exercisable at $0.65 per option, consisting of one common share and one-half a share purchase warrant. Each whole warrant is exercisable at $0.80 for a period of 18 months.
Chippingham Financial Group $2,340.00 cash; 3,600 brokers' options, exercisable at $0.65 per option, consisting of one common share and one-half a share purchase warrant. Each whole warrant is exercisable at $0.80 for a period of 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.
________________________________________
SMART EMPLOYEE BENEFITS INC. ("SEB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 4, 2017:
Number of Shares: |
8,970,952 common shares |
|
Purchase Price: |
$0.21 per share |
|
Warrants: |
4,485,476 share purchase warrants attached to purchase 4,485,476 shares |
|
Warrant Exercise Price: |
$0.30 for an eighteen month period |
|
Number of Placees: |
17 Placees |
|
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
Aggregate Pro Group Involvement |
P |
1,430,476 |
[2 Placees] |
||
Finders' Fees: |
an aggregate of 292,633 finder's shares plus 292,633 finder's warrants (each exercisable into one common share at a price of $0.30 for an eighteen month period) is payable to Primary Capital Inc., Echelon Wealth Partners Inc. and Haywood Securities Inc. |
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.
________________________________________
SMOOTH ROCK VENTURES CORP. ("SOCK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 15, 2017:
Number of Shares: |
4,285,714 shares |
|
Purchase Price: |
$0.07 per share |
|
Warrants: |
4,285,714 share purchase warrants to purchase 4,285,714 shares |
|
Warrant Exercise Price: |
$0.10 for a two year period |
|
Number of Placees: |
4 Placees |
|
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
West Isle Ventures Ltd. (Jeffrey Cocks) |
Y |
714,286 |
________________________________________
TIMBERLINE RESOURCES CORPORATION ("TBR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 12, 2017:
Number of Shares: |
2,880,867 shares |
Purchase Price: |
US$0.30 per share |
Warrants: |
2,880,867 share purchase warrants to purchase 2,880,867 shares |
Warrant Exercise Price: |
US$0.45 for a five year period |
Number of Placees: |
21 Placees |
Finder's Fee: |
US$5,548.20 to Haywood Securities Inc. |
US$36,000.00 to Mann Mann Jensen Partners LP |
|
US$945.00 to David Marshall |
________________________________________
UNIVERSAL MCLOUD CORP. ("MCLD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a joint technology agreement dated December 11, 2017 between the Company, Norwin Holding ApS and Norwin Energy ApS whereby the Company is purchasing rights to utilize the technology developed by Norwin Holdings ApS and the services of Norwin Energy ApS related to the marketing, upkeep, and relationship management regarding their expertise in wind turbine technology in consideration of 339,473 common shares.
________________________________________
UNIVERSAL MCLOUD CORP. ("MCLD")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: December 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced October 24, 2017:
Number of Shares: |
2,420,000 shares |
|
Purchase Price: |
$0.40 per share |
|
Warrants: |
1,210,000 share purchase warrants to purchase 1,210,000 shares |
|
Warrant Exercise Price: |
$0.50 for a three year period |
|
Number of Placees: |
28 Placees |
|
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
Aggregate Pro Group Involvement |
P |
437,500 |
[ 5 Placee(s)] |
||
Agent's Fee: |
$67,760.00 plus 169,400 agents' options payable in aggregate to Canaccord Genuity Corp. and Haywood Securities Inc. Agents options are exercisable at $0.40 per share until December 6, 2019. |
________________________________________
NEX COMPANIES
JIMINEX INC ("JIM.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 20, 2017
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 24, 2017:
Number of Shares: |
50,000,000 shares |
|
Purchase Price: |
$0.01 per share |
|
Number of Placees: |
12 Placees |
|
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
Michael Lerner |
Y |
10,000,000 |
1820546 Ontario Inc. |
Y |
1,980,000 |
(Michael Lerner) |
||
Navjit Dhaliwal |
Y |
3,500,000 |
Finder's Fee: |
$10,782 cash payable to Foster & Associates Financial Services Inc. |
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
________________________________________
SCORPION RESOURCES INC. ("SR.H")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: December 20, 2017
NEX Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated December 15, 2017, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Qualifying Transaction pursuant to Listings Policy 2.4.
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.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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