TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, May 11, 2018 /CNW/ -
TSX VENTURE COMPANIES
AM RESOURCES CORP. ("AMR")
[formerly NQ Exploration Inc. ("NQE")]
BULLETIN TYPE: Reverse Takeover-Completed, Resume Trading, Private Placement-Non-Brokered, Shares for Debt, Name Change and Consolidation
BULLETIN DATE: May 11, 2018
TSX Venture Tier 2 Company
Reverse Takeover
TSX Venture Exchange has accepted for filing the Company's Reverse Takeover ("RTO") described in its Information Circular dated November 22, 2017.
The RTO consists of the arm's length acquisition of 99.9% of the issued and outstanding shares of AM Resources SAS ("AM"), by way of share exchange agreement, in consideration of the issuance of 29,411,765 common shares of the Company at a deemed price of $0.17 per share to AM shareholders, on a post-consolidation basis.
A total of 29,411,765 common shares to AM shareholders pursuant to the RTO are escrowed pursuant to Exchange Tier 2 Value Escrow Agreement.
The Company is classified as an "Metal Ore Mining" company. (NAICS Number: 2122).
For further information, please refer to the Company's Information Circular dated November 22, 2017, available on SEDAR.
Resume Trading
Further to TSX Venture Exchange's Bulletin dated July 11, 2017, trading in the securities of the Resulting Issuer will resume at the opening on Tuesday, May 15, 2018.
Private Placement-Non-Brokered
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement:
| Number of Common Shares: |
10,606,091 Common Shares post-consolidation |
|
| Purchase Price: |
$0.17 per Common Share post-consolidation |
|
| Number of Placees: |
26 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider = Y / |
Number |
|
| Name |
Pro Group = P |
of Shares |
| Corporation Financière |
||
| SKTM Ltd. (Martin Nicoletti) |
Y |
425,000 |
| David Grondin |
Y |
629,942 |
| Finders' fee: |
$103,162 in cash and 158,244 non-transferable warrants to purchase 158,244 common shares at an exercise price of $0.22 per share during a period of 12 months after the closing of the RTO, on a post-consolidation basis. |
The Company has issued a news release dated April 12, 2018, in connection with the closing of that private placement.
Shares for Debt
TSX Venture Exchange has accepted for filing the Company's proposal to issue 9,439,388 common shares at a deemed price of $0.17 per share, to settle outstanding debts including accrued interest for a total amount of $1,604,696, on a post-consolidation basis.
| Number of Creditors: |
33 Creditors |
The Company announced that the shares are issued and the debt is extinguished via press release dated April 12, 2018.
Name change and Consolidation
Pursuant to a special resolution passed by shareholders on December 18, 2017, the Company has consolidated its capital on a 50 old shares for 1 new share basis. The name of the Company has also been changed from "NQ Exploration Inc." to "AM Resources Corp." as part of the RTO.
Effective at the opening of business on Tuesday, May 15, 2018, the common shares of "AM Resources Corp." will commence trading on TSX Venture Exchange, and the common shares of "NQ Exploration Inc." will be delisted.
| Post-Transactional |
|
| Capitalization: |
Unlimited common shares with no par value of which 53,132,883 common shares are issued and outstanding |
| Escrow: |
30,559,587 common shares, of which 3,228,131 shares are released at the date of this bulletin |
| Transfer Agent: |
AST Trust Company (Canada) – Montreal and Toronto |
| Trading Symbol: |
AMR (NEW) |
| CUSIP Number: |
00179A102 (NEW) |
| Company Contact: |
Mr. Martin Nicoletti, CFO and Corporate Secretary |
| Company Address: |
410 St-Nicolas Street, suite 236, Montreal, Québec H2Y 2P5 |
| Company Phone Number: |
(514) 907-9016 |
| Company Fax Number: |
(514) 907-9017 |
| Company Email Address: |
AM RESOURCES CORP. («AMR »)
[anciennement Exploration NQ inc. (« NQE »)]
TYPE DE BULLETIN : Prise de contrôle inversée – complétée, Reprise de la négociation, Placement privé sans l'entremise d'un courtier, Émission d'actions en règlement d'une dette, Changement de dénomination sociale et regroupement
DATE DU BULLETIN : Le 11 mai 2018
Société du groupe 2 de TSX Croissance
Prise de contrôle inversée
Bourse de croissance TSX (la « Bourse ») a accepté le dépôt des documents de la société relativement à la prise de contrôle inversée décrite dans sa circulaire d'information datée du 22 novembre 2017.
La prise de contrôle inversée consiste en l'acquisition auprès de personnes sans lien de dépendance de 99,9% des actions émises et en circulation d'AM Resources SAS ("AM"), par une convention d'échange d'actions, en considération de l'émission de 29 411 765 actions ordinaires au prix répute de 0,17 $ l'action incluant aux actionnaires de AM, sur une base post-consolidation.
Un total de 29 411 765 actions ordinaires émises aux actionnaires de AM dans le cadre de la transaction sont entiercées en vertu d'une convention d'entiercement de titres de valeurs du groupe 2 de la Bourse.
La société est catégorisée comme une société d'« Extraction de minerais métalliques » (numéro SCIAN : 2122).
Pour de plus amples renseignements, veuillez-vous référer à la circulaire d'information de la société datée du 22 novembre 2017, disponible sur SEDAR.
Reprise de la négociation
Suite au bulletin de la Bourse de croissance TSX daté du 11 juillet 2017, la négociation des titres de l'émetteur résultant sera reprise à l'ouverture des marchés mardi le 15 mai 2018.
Placement privé sans l'entremise d'un courtier
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier :
| Nombre d'actions ordinaires : |
10 606 091 actions ordinaires post-consolidation |
|
| Prix par action : |
0,17 $ par action ordinaire post-consolidation |
|
| Nombre de souscripteurs : |
26 souscripteurs |
|
| Participation initié / Groupe Pro : |
||
| Initié = Y / |
Nombre |
|
| Nom |
Groupe Pro = P |
d'actions |
| Corporation Financière SKTM |
||
| Ltd. (Martin Nicoletti) |
Y |
425 000 |
| David Grondin |
Y |
629 942 |
| Honoraire d'intermédiation : |
103 162 $ en espèces et 158 244 bons de souscription non-transférables permettant de souscrire 158 244 actions ordinaires a un prix d'exercice de 0,22 $ par action pendant une période de 12 mois après la clôture de la transaction, sur une base post-consolidation. |
La société a émis un communiqué de presse daté du 12 avril 2018 relativement à la clôture du placement privé.
Émission d'actions en règlement d'une dette
Bourse de croissance TSX a accepté le dépôt de la documentation de la société en vertu de l'émission proposée de 9 439 388 actions, au prix réputé de 0,17 $ l'action en règlement d'une dette de 1 604 696 $ incluant des intérêts courus.
| Nombre de créanciers : |
33 créanciers |
La société a confirmé l'émission des actions par voie de communiqué de presse daté de 12 avril 2018.
Changement de dénomination sociale et regroupement
En vertu d'une résolution spéciale des actionnaires adoptée le 18 décembre 2017, la société a regroupé son capital-actions sur la base de 50 anciennes actions pour 1 nouvelle action. La dénomination sociale de la société a été changée de « Exploration NQ inc. » à « AM Resources Corp. » conformément à la prise de contrôle inversée.
Les actions ordinaires de «AM Resources Corp.» seront admises à la négociation de Bourse de croissance TSX à l'ouverture des marchés mardi le 15 mai 2018, et les actions de « Exploration NQ inc.» seront retirées de la cote.
| Capitalisation |
|
| post-transaction : |
Un nombre illimité d'actions ordinaires sans valeur nominale, dont 53 132 883 actions sont émises et en circulation |
| Actions entiercées : |
30 559 587 actions ordinaires, dont 3 228 131 actions ordinaires sont libérées en date du présent bulletin. |
| Agent des transferts : |
La Société de fiducie AST (Canada) - Montréal et Toronto |
| Symbole au téléscripteur: |
AMR (NOUVEAU) |
| Numéro de CUSIP : |
00179A102 (NOUVEAU) |
| Contact de la société : |
Martin Nicoletti, chef des finances et secrétaire |
| Adresse de la société : |
410 rue St-Nicolas, Bureau 236, Montréal, Québec, H2Y 2P5 |
| Téléphone de la société : |
(514) 907-9016 |
| Télécopieur de la société : |
(514) 907-9017 |
| Courriel de la société : |
________________________________________
FIRM CAPITAL AMERICAN REALTY PARTNERS CORP. ("FCA")("FCA.U")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: May 11, 2018
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
| Dividend per Common and Class U: |
US$0.05625 |
| Payable Date: |
July 16, 2018 |
| Record Date: |
June 29, 2018 |
| Ex-distribution Date: |
June 28, 2018 |
________________________________________
FIRM CAPITAL PROPERTY TRUST ("FCD.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: May 11, 2018
TSX Venture Tier 2 Company
The Issuer has declared the following distribution(s):
| Distribution per Unit: |
$0.038333 |
| Payable Dates: |
August 15, 2018; September 17, 2018 & October 15, 2018 |
| Record Dates: |
July 31, 2018; August 31, 2018 & September 28, 2018 |
| Ex-distribution Dates: |
July 30, 2018; August 30, 2018 & September 27, 2018 |
________________________________________
TAILWIND CAPITAL CORPORATION ("TW.P")
BULLETIN TYPE: New Listing-CPC-Shares, Trade Halt
BULLETIN DATE: May 11, 2018
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Prospectus dated March 13, 2018 has been filed with and accepted by TSX Venture Exchange and the British Columbia and Alberta Securities Commissions effective March 13, 2018, pursuant to the provisions of the Securities Act. The Common Shares of the Company will be listed on TSX Venture Exchange on the effective date stated below.
The Company intends to complete its initial distribution of securities to the public Tuesday, May 15, 2018. The gross proceeds to be received by the Company for the Offering will be $200,000 (2,000,000 common shares at $0.10 per share).
| Commence Date: |
At the opening Tuesday, May 15, 2018, the common shares of the Company will commence trading on TSX Venture Exchange. Trading in the shares of the Company will be immediately halted pending receipt of acceptable documentation regarding the Capital Pool Company listing pursuant to Exchange Policy 2.4. The closing of the public offering is scheduled to occur on Tuesday, May 15, 2018. A further notice will be issued upon receipt of closing confirmation and the trading halt will be lifted. |
| Corporate Jurisdiction: |
Alberta |
| Capitalization: |
Unlimited common shares with no par value of which |
| 8,000,000 common shares are issued and outstanding upon completion of the Offering |
|
| Escrowed Shares: |
6,000,000 common shares |
| Transfer Agent: |
Computershare Trust Company of Canada |
| Trading Symbol: |
TW.P |
| CUSIP Number: |
87403R100 |
| Sponsoring Member: |
PI Financial Corp. |
| Agent's Options: |
200,000 non-transferable options. One option to purchase one common share at $0.10 per share up to 24 months from the listing date. |
| For further information, please refer to the Company's Prospectus dated March 13, 2018. |
|
| Company Contact: |
Kevin Baker |
| Company Address: |
900, 903 8 Street SW |
| Calgary, Alberta |
|
| T2P 0P7 |
|
| Company Phone Number: |
N/A |
| Company Fax Number: |
N/A |
| Company Email Address: |
|
Seeking QT primarily in these sectors:
- Unknown
________________________________________
TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
FIRST ENERGY METALS LIMITED ("FE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 11, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Option Agreement dated May 03, 2018 between First Energy Metals Limited and Afzaal Pirzada whereby the Company may acquire a 100% interest in 30 mineral tenures located in the Gatineau area in Quebec. Consideration, over a period of two years, is $37,500 cash, 300,000 shares payable with exploration expenditures of not less than $200,000. The Vendor will be granted a Net Smelter Royalty "NSR" equal to 3% of which the Company may repurchase up to 2% for $1,000,000 cash for each 1% of the NSR.
________________________________________
FREMONT GOLD LTD. ("FRE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 11, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 21, 2018:
| Number of Shares: |
9,715,200 shares |
|
| Purchase Price: |
$0.16 per share |
|
| Number of Placees: |
41 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Dennis Moore |
Y |
1,055,500 |
| 0923383 B.C. Ltd. |
||
| (Paul and Iwona Hansed) |
Y |
31,250 |
| Alan Carter |
Y |
125,000 |
| Paul Reynolds |
||
| Dennis Moore |
Y |
352,000 |
| Aggregate Pro Group |
||
| Involvement [5 Placees] |
P |
881,200 |
| Finder's Fee: |
Haywood Securities Inc. |
- $5,600.00 |
| Mackie Research Capital Corporation |
- $6,932.80 |
|
| Pollitt & Co. Inc. |
- $4,480.00 |
|
| Red Cloud Klondike Strike Inc. |
- $7,349.44 |
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release dated April 17, 2018 announcing the closing of the private placement and setting out the expiry date of the hold period.
________________________________________
GOLDMINING INC. ("GOLD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 11, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Asset Purchase Agreement dated April 25, 2018 between GoldMining Inc. wholly owned subsidiary 507140 N.W.T. Ltd. (the "Purchaser") and Dr. Webb (the "Vendor") whereby the Purchaser will pay $50,000 cash and 33,333 shares at close. In the second year a balance of $100,000 is payable in cash or shares at the Purchasers discretion. The Vendor will retain a Net Smelter Royalty of 1%.
________________________________________
HIGHWAY 50 GOLD CORP. ("HWY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 11, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Apr 12, 2018:
| Flow-Through Shares: |
||
| Number of FT Shares: |
1,200,000 flow through shares |
|
| Purchase Price: |
$0.25 per flow through share |
|
| Warrants: |
600,000 share purchase warrants to purchase 600,000 shares |
|
| Warrant Initial Exercise Price: |
$0.30 |
|
| Warrant Term to Expiry: |
1 Year |
|
| Non Flow-Through Shares: |
||
| Number of Non-FT Shares: |
1,750,000 non flow through shares |
|
| Purchase Price: |
$0.20 per non flow through share |
|
| Warrants: |
1,750,000 share purchase warrants to purchase 1,750,000 shares |
|
| Warrant Initial Exercise Price: |
$0.25 |
|
| Warrant Term to Expiry: |
2 Years |
|
| Number of Placees: |
32 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
Pro-Group=P |
# of Shares |
| Eagle Putt Ventures Inc. |
||
| (Gordon Leask) |
Y |
330,000 |
| Bassam Moubarak |
Y |
120,000 |
| Megan Cameron-Jones |
Y |
50,000 |
| Scott Davis |
Y |
50,000 |
| Aggregate Pro-Group |
||
| Involvement [5 Placees] |
P |
460,000 |
Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantee the accuracy or completeness of the information contained in this document. Readers should consult the issuer's continuous disclosure record for complete details of the transaction.
________________________________________
KINCORA COPPER LIMITED. ("KCC")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: May 11, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 210,000 shares at a deemed price of $0.25, in consideration of certain services provided to the company pursuant to an agreement dated September 1, 2016.
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| $ |
$ |
|||
| John Holliday |
Y |
12,000 |
0.25 |
48,000 |
The Company shall issue a news release when the shares are issued.
________________________________________
LETHO RESOURCES CORP. ("LET")
BULLETIN TYPE: Halt
BULLETIN DATE: May 11, 2018
TSX Venture Tier 2 Company
Effective at 6.28 a.m. PST, May 11, 2018, trading in the shares of the Company was halted due to 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.
________________________________________
MARKSMEN ENERGY INC ("MAH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 11, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 28, 2018 and April 13, 2018:
| Number of Shares: |
3,458,409 shares |
|
| Purchase Price: |
$0.21 per share |
|
| Warrants: |
1,729,205 share purchase warrants to purchase 1,729,205 shares |
|
| Warrant Exercise Price: |
$0.42 for a two year period |
|
| Number of Placees: |
22 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Peter Geib |
Y |
286,000 |
| John Niedermaier |
Y |
100,000 |
| Archibald J. Nesbitt |
||
| & Company Ltd. |
Y |
310,000 |
| Archibald J. Nesbitt |
Y |
120,000 |
| Donald D. Jones |
Y |
100,000 |
| Aggregate Pro Group |
||
| Involvement [1 Placee(s)] |
P |
50,000 |
| Finder's Fee: |
$2,856 cash and 13,600 broker warrants payable to Leede Jones Gable Inc. |
|
| Each broker warrant is exercisable for one year at $0.21 |
________________________________________
METALEX VENTURES LTD. ("MTX")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: May 11, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposed issuance of 150,000 shares at a deemed price of $0.05 per share, in consideration of certain services provided to the Company for the period ending April 30, 2018, pursuant to an Amended Deferred Share Unit Plan for Glenn Nolan dated September 13, 2013 and effective August 1, 2013.
The Company shall issue a news release when the shares are issued.
________________________________________
METALEX VENTURES LTD. ("MTX")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: May 11, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposed issuance of 150,000 shares at a deemed price of $0.05 per share, in consideration of certain services provided to the Company for the period ending April 30, 2018, pursuant to an Amended Deferred Share Unit Plan for Lorie Waisberg dated September 13, 2013 and effective August 1, 2013.
The Company shall issue a news release when the shares are issued.
________________________________________
NEVADA CLEAN MAGNESIUM INC. ("NVM")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: May 11, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 600,000 shares at a deemed price of $0.05, in consideration of certain services provided to the company for the period ending December 31, 2017, pursuant to an agreement with Lodestar Management Group LLC dated November 1, 2016.
The Company shall issue a news release when the shares are issued.
________________________________________
RAISE PRODUCTION INC. ("RPC")
BULLETIN TYPE: Halt
BULLETIN DATE: May 11, 2018
TSX Venture Tier 1 Company
Effective at 9.40 a.m. PST, May 11, 2018, 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.
________________________________________
RAISE PRODUCTION INC. ("RPC")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 11, 2018
TSX Venture Tier 1 Company
Effective at 11.30 a.m. PST, May 11, 2018, shares of the Company resumed trading, an announcement having been made.
________________________________________
SATURN OIL & GAS INC. ("SMI")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: May 11, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 859,375 bonus warrants to UOG-BC Holdings Ltd. in consideration of a loan of $2,750,000, repayable April 4, 2019. Each warrant is exercisable into one common share at $0.15 for one year from issuance.
| Shares |
Warrants |
|
| UOG-BC Holdings Ltd. |
0 |
859,375 |
________________________________________
TRUECLAIM EXPLORATION INC. ("TRM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 11, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 23, 2018:
| Number of Shares: |
32,606,800 shares |
|
| Purchase Price: |
$0.10 per share |
|
| Warrants: |
32,606,800 share purchase warrants to purchase 32,606,800 shares |
|
| Warrant Exercise Price: |
$0.12 for a five year period |
|
| Number of Placees: |
112 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Bryon Coulthard |
Y |
750,000 |
| Matthew Fish |
Y |
200,000 |
| Dan Fuoco |
Y |
200,000 |
| Aggregate Pro Group |
||
| Involvement [14 Placees] |
3,148,720 |
|
| Finder's Fee: |
$181,400 and 1,814,000 warrants to Canaccord Genuity Corp. |
|
| $10,000 and 100,000 warrants to Raymond James Ltd. |
||
| $10,500 and 105,000 warrants to Haywood Securities Inc. |
||
| $35,000 and 350,000 warrants to Industrial Alliance Securities Inc. |
________________________________________
VANC PHARMACEUTICALS INC. ("VANC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement - Correction
BULLETIN DATE: May 11, 2018
TSX Venture Tier 1 Company
Further to TSX Venture Exchange dated May 10, 2018 the correct cash consideration should read $50,000 payable in twelve equal monthly instalments (not $600,000).
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
Share this article