TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, May 29, 2018 /CNW/ -
TSX VENTURE COMPANIES
BENCHMARK METALS INC. ("BNCH")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: May 29, 2018
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletin dated March 22, 2018, trading in the shares of Benchmark Metals Inc. will remain halted pending receipt and review of acceptable documentation regarding the company's fundamental acquisition.
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CANNABIS WHEATON INCOME CORP. ("CBW")("CBW.WT")
BULLETIN TYPE: Prospectus-Unit Offering, New Listing-Warrants
BULLETIN DATE: May 29, 2018
TSX Venture Tier 2 Company
Cannabis Wheaton Income Corp. (the "Company") expects to close its financing pursuant to its Prospectus Supplement dated May 24, 2018 to the Amended and Restated Short Form Base Shelf Prospectus dated February 28, 2018 which was filed with and accepted by TSX Venture Exchange Inc., and filed with and receipted by the commissions in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Newfoundland and Labrador, New Brunswick, Nova Scotia and Prince Edward Island on February 28, 2018, pursuant to the provisions of the applicable Securities Acts (the "Offering").
TSX Venture Exchange Inc. has been advised that the Offering is expected to close on May 31, 2018, for gross proceeds of $115,150,000 (including the exercise of the Over-Allotment Option).
| Underwriters: |
BMO Nesbitt Burns Inc. |
| AltaCorp Capital Inc. |
|
| Mackie Research Capital Corporation |
|
| INFOR Financial Inc. |
|
| Offering: |
71,500,000 units ("Units"). Each Unit consisting of one common share and one-half share purchase warrant ("Warrant"). One whole Warrant to purchase one common share. |
| Unit Price: |
$1.40 per Unit |
| Warrant Exercise Price/Term: |
Each whole Warrant entitles the holder to acquire one additional common share (a "Warrant Share") of the Company at a price of $1.85 per Warrant Share until May 31, 2020. |
| Underwriter's Fee: |
The Underwriters received a cash commission of $5,755,750 |
| Over-Allotment Option: |
The Underwriters were granted an option ("the Over-Allotment Option") to purchase an additional 10,750,000 Units exercisable, in whole or in part, for a period of 30 days from the closing date. The Underwriters have exercised the Over-Allotment in full to acquire 10,750,000 Units. |
Listing of Warrants:
Effective at the opening Thursday, May 31, 2018, 41,112,500 common share purchase warrants of the Company will commence trading on TSX Venture Exchange on a when issued basis. The Company is classified as a 'Banking Industry' company.
| Corporate Jurisdiction: |
British Columbia |
| Capitalization: |
41,112,500 warrants are issued and outstanding pursuant to a Warrant Indenture dated May 31, 2018 |
| Transfer Agent: |
Computershare Trust Corporation of Canada |
| Trading Symbol: |
CBW.WT |
| CUSIP Number: |
13765K 14 5 |
The warrants were issued pursuant to the Company's Prospectus Supplement dated May 24, 2018 to the Amended and Restated Short Form Base Shelf Prospectus dated February 28, 2018. Each whole warrant entitles the holder to purchase one common share of the Company at a price of $1.85 per share and will expire on Monday, June 1, 2020.
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FORESHORE EXPLORATION PARTNERS CORP. ("FORE.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 29, 2018
TSX Venture Tier 2 Company
Further to the bulletin dated May 25, 2018, effective at market open on Thursday, May 31, 2018, shares of the Company will resume trading. The Company completed its public offering of securities on May 29, 2018. The gross proceeds received by the Company for the offering were $215,000 (2,150,000 common shares at $0.10 per share).
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RAINY HOLLOW VENTURES INC. ("RHV.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 29, 2018
TSX Venture Tier 2 Company
Further to TSX Venture Exchange bulletin dated May 25, 2018 effective at the open of market on Thursday May 31, 2018 shares of the Company will resume trading.
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TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
ANGLO-BOMARC MINES LTD. (N.P.L.) ("ANB")
BULLETIN TYPE: Halt
BULLETIN DATE: May 29, 2018
TSX Venture Tier 2 Company
Effective at 4.30 a.m. PST, May 29, 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.
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BENCHMARK METALS INC. ("BNCH")
BULLETIN TYPE: Halt
BULLETIN DATE: May 29, 2018
TSX Venture Tier 2 Company
Effective at 10.56 a.m. PST, May 29, 2018, trading in the shares of the Company was halted 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.
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FORESHORE EXPLORATION PARTNERS CORP. ("FORE.P")
BULLETIN TYPE: Halt
BULLETIN DATE: May 29, 2018
TSX Venture Tier 2 Company
Effective at 5.00 a.m. PST, May 29, 2018, trading in the shares of the Company was halted pending closing; 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.
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INZINC MINING LTD. ("IZN")
BULLETIN TYPE: Correction
BULLETIN DATE: May 29, 2018
TSX Venture Tier 2 Company
CORRECTION:
Further to the TSX Venture Exchange Bulletin dated December 27, 2017, the Bulletin should have read as follows:
| Number of Shares: |
34,980,000 shares |
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PROVIDENCE GOLD MINES INC. ("PHD")
BULLETIN TYPE: Halt
BULLETIN DATE: May 29, 2018
TSX Venture Tier 2 Company
Effective at 8.47 a.m. PST, May 29, 2018, trading in the shares of the Company was halted 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.
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RAINY HOLLOW VENTURES INC. ("RHV.P")
BULLETIN TYPE: Halt
BULLETIN DATE: May 29, 2018
TSX Venture Tier 2 Company
Effective at 5.00 a.m. PST, May 29, 2018, trading in the shares of the Company was halted pending closing; 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.
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SILVER SPRUCE RESOURCES INC. ("SSE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 29, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 7, 2018:
| Number of Securities: |
5,754,000 common share units ("Units") |
|
| Each unit consists of one common share and one common share purchase warrant. |
||
| Purchase Price: |
$0.05 per Unit |
|
| Warrants: |
5,754,000 share purchase warrants to purchase 5,754,000 shares |
|
| Warrant Exercise Price: |
$0.06 for up to 5 years from date of issuance |
|
| Number of Placees: |
12 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Units |
| Brian Penney |
Y |
1,500,000 |
| Greg Davison |
Y |
200,000 |
| Cedar Forest Inc. |
||
| (Kevin O'Connor) |
Y |
1,270,000 |
| Finder's Fee: |
$17,200 cash payable to Ken MacLeod |
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STANDARD LITHIUM LTD. ("SLL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 29, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a license, exploration and option agreement dated May 2, 2018 between the Company, its wholly-owned subsidiary California Lithium Ltd. ("Subco") and Tetra Technologies, Inc. whereby Subco will acquire the right to conduct lithium brine exploration on the Bristol Lake Property and the Cadiz Lake Property located in San Bernardino County, California in consideration of 3,400,000 common shares and US$2,700,000 over a sixty month period.
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TRENCHANT CAPITAL CORP. ("TCC")
BULLETIN TYPE: Prospectus-Debenture Offering
BULLETIN DATE: May 29, 2018
TSX Venture Tier 2 Company
Prospectus-Debenture Offering
Effective February 23, 2018, the Company's prospectus dated February 21, 2018, as amended, with respect to an offering of 8% secured convertible debentures (the "Debentures") was filed with and accepted by the Exchange, and filed with and receipted by the British Columbia Securities Commission, the Alberta Securities Commission, the Financial and Consumer Affairs Authority of Saskatchewan, the Manitoba Securities Commission and the Ontario Securities Commission.
| Convertible Debenture: |
$7,994,000 |
| Conversion Price: |
Convertible into shares on or after March 23, 2019, at the option of the holder, at a conversion price of the greater of $1.25 and 95% of the volume weighted average trading price for the 30 day trading period ending three business days before the conversion date. The conversion is subject to certain limits. |
| Maturity date: |
January 31, 2023 |
| Interest rate: |
8% per annum |
| Number of Placees: |
388 Placees |
| Agents: |
Industrial Alliance Securities Inc. |
| Canaccord Genuity Corp. |
|
| GMP Securities L.P. |
|
| Raymond James Ltd. |
|
| Echelon Wealth Partners Inc. |
|
| Mackie Research Capital Corporation |
|
| PI Financial Corp. |
|
| Hampton Securities Limited |
|
| Integral Wealth Securities Limited |
In connection with the Prospectus, the Agents collectively received a cash commission of $519,610.
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TRIUS INVESTMENTS INC ("TRU")
BULLETIN TYPE: Halt
BULLETIN DATE: May 29, 2018
TSX Venture Tier 2 Company
Effective at 6.30 a.m. PST, May 29, 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.
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NEX COMPANIES
CORPORATE CATALYST ACQUISITION INC. ("CII.H")
BULLETIN TYPE: CPC-Filing Statement
BULLETIN DATE: May 29, 2018
NEX Company
TSX Venture Exchange has accepted for filing the Company's CPC Filing Statement dated May 29, 2018, for the purpose of filing on SEDAR.
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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