VANCOUVER, June 21, 2018 /CNW/ -
TSX VENTURE COMPANIES
ADL VENTURES INC. ("AVI.P")
BULLETIN TYPE: New Listing-CPC-Shares; Halt
BULLETIN DATE: June 21, 2018
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Prospectus dated June 6, 2018 has been filed with and accepted by TSX Venture Exchange and the Ontario Securities Commission effective June 8, 2018, pursuant to the provisions of the Ontario 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. The gross proceeds to be received by the Company for the Offering will be $300,000 (3,000,000 common shares at $0.10 per share).
Commence Date: |
At the opening Monday, June 25, 2018, the Common shares will be listed and immediately halted on TSX Venture Exchange. |
The closing of the public offering is scheduled to occur on Monday, June 25, 2018. A further notice will be issued upon receipt of closing confirmation and the trading halt will be lifted. |
|
Corporate Jurisdiction: |
British Columbia |
Capitalization: |
unlimited common shares with no par value of which |
9,100,000 common shares are issued and outstanding (after completion of the Offering) |
|
Escrowed Shares: |
6,100,000 common shares |
Transfer Agent: |
Computershare Investor Services Inc. |
Trading Symbol: |
AVI.P |
CUSIP Number: |
00704Q101 |
Agent: |
PI Financial |
Agent's Options: |
300,000 non-transferable options. One option to purchase one share at $0.10 per share for up to two years. |
For further information, please refer to the Company's Prospectus dated June 6, 2018. |
|
Company Contact: |
Laurence Rose, CEO and President |
Company Address: |
175 Bloor Street, E., North Tower, Suite 901, Toronto, ON, M4W 3R8 |
Company Phone Number: |
647 920-6383 |
Company Email Address: |
________________________________________
NEVADO RESOURCES CORPORATION ("VDO.H")
[formerly NEVADO RESOURCES CORPORATION ("VDO")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Reinstated for Trading
BULLETIN DATE: June 21, 2018
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated May 7, 2018, the Exchange has been advised that the Cease Trade Order issued by the Ontario Securities Commission dated May 7, 2018 has been revoked.
Effective at the opening on Monday, June 25, 2018, 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 Monday, June 25, 2018, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing Service Office will change from Montreal to NEX.
As of June 25, 2018, 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 VDO to VDO.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.
________________________________________
VATIC VENTURES CORP. ("VCV")("VCV.RT")
BULLETIN TYPE: Rights Offering-Units
BULLETIN DATE: June 22, 2018
TSX Venture Tier 2 Company
The Company has announced it will offer to Shareholders of record at Wednesday, June 27, 2018, Rights to purchase Units of the Company. One (1) Right will be issued for each share held. 1.8 Rights and $0.18 are required to purchase one Unit, each Unit consisting of one (1) common share and one (1) Common Share Purchase Warrant. Each Common Share Purchase Warrant entitles the holder to purchase an additional common share until the date that is two years from the closing of the Rights Offering at an exercise price of $0.25 per common share. The rights offering will expire on July 25, 2018. As at June 20, 2018 the Company had 23,477,033 shares issued and outstanding.
Effective at the opening, Tuesday, June 26, 2018, the common shares of the Company will trade Ex-Rights and the Rights will commence trading at that time on a 'when-issued basis'.
Summary: |
|
Basis of Offering: |
1.8 Rights exercisable for One (1) Unit at $0.18 per Unit. |
Record Date: |
June 27, 2018 |
Shares Trade Ex-Rights: |
June 26, 2018 |
Rights Called for Trading: |
June 26, 2018 |
Rights Trade for Cash: |
July 23, 2018 |
- Trading in the rights shall be for cash for the three trading days preceding the expiry date. |
|
Rights Expire: |
July 25, 2018 at 9:00am (Pacific Time) |
July 23, 2018 - TO SETTLE - July 24, 2018 |
|
July 24, 2018 - TO SETTLE - July 25, 2018 |
|
July 25, 2018 - TO SETTLE - July 25, 2018 |
|
Rights Trading Symbol: |
VCV.RT |
Rights CUSIP Number: |
92241L117 |
Subscription Agent and Trustee: |
Computershare Investor Services Inc. |
Authorized Jurisdiction(s): |
All provinces and territories in Canada |
A TSX Venture Exchange Bulletin will be issued to list and trade the Common Share Purchase Warrants upon expiry of the Rights Offering and evidence that satisfactory distribution has been filed with the Exchange.
For further details please refer to the Company's Rights Offering Circular dated June 22, 2018.
________________________________________
TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
BULLETIN TYPE: Notice to Issuers BULLETIN DATE: June 21, 2018
Re: Facilitating the Listing Process for Industrial, Technology and Life Sciences Issuers:
Interpretative Guidance for "History of Operations/Validation of Business" Listing Requirement
Overview
This Notice to Issuers provides an update to and supersedes the Notice to Issuers dated January 29, 2014, which provides certain guidance intended to facilitate the listing process for Issuers seeking listing on TSX Venture Exchange ("TSXV" or the "Exchange") under the "Industrial, Technology and Life Sciences Issuer" category ("Non-Resource Issuers"). This guidance is being provided with the intent of improving efficiencies in the listing process for Non-Resource Issuers under the Exchange's existing policies and review framework applicable to the listing of Non-Resource Issuers. Ideally, this will help reduce the timeframe and certain of the costs involved with the listing process.
The guidance is focused on clarifying TSXV's interpretation and application of the "history of operations/validation of business" initial listing requirement ("ILR") applicable to Non-Resource Issuers pursuant to sections 2.5 and 2.6 of Policy 2.1 – Initial Listing Requirements.
The "history of operations/validation of business" listing requirement is the key business-specific ILR that a Non-Resource Issuer must satisfy in order to list on the Exchange. At present, there is limited guidance on what criteria must be met in order for an Issuer to satisfy this listing requirement. By providing additional guidance and clarity in this regard, the Exchange believes that Non-Resource Issuers will, from the outset of the listing process, have a better understanding of the Exchange's expectations and relevant considerations applicable to this listing requirement. Correspondingly, efficiencies should be created in the listing process as the Issuer will be better positioned to address the Exchange's expectations and considerations from the outset as opposed to after the application process has already been initiated.
Interpretative Guidance for "History of Operations/Validation of Business" ILR
With respect to the guidance provided below, it must be noted that:
A. |
Notwithstanding the fact that an Issuer may satisfy the "history of operations/validation of business" ILR by meeting the criteria set out below, the Issuer must still satisfy all other applicable listing requirements in order to be listed on TSXV. |
B. |
The following is not meant to be a definitive list of criteria for what is necessary in order to satisfy the "history of operations/validation of business" ILR as the stated criteria may not be adequately reflective of or applicable to all industry types and situations. As such, the fact that an applicant Issuer does not meet the criteria set out below will not automatically mean that the Issuer can't otherwise satisfy the ILR based upon its merits. Such situations will be assessed by the Exchange on a case by case basis. |
Revenue Generating / Commercialization Stage:
An Issuer1 satisfying all of the following criteria will generally be considered by the Exchange as satisfying the "history of operations/validation of business" ILR for either a Tier 1 or a Tier 2 Non-Resource Issuer:
- The Issuer's product/service is at the commercialization stage and has been so for at least 12 months. This specifically means that, at the time of listing, the Issuer will have:
- a developed product or service that it is able to offer for sale;
- the means of producing/providing such product or service; and
- a history of revenues from the sale of the product/service of at least 12 months.
- Aggregate revenues from the sale of the product/service since commercialization of not less than $500,000 (with no time limit on when these revenues were generated).
- Reasonable evidence (such as the existence of sales/service contracts) that the level of revenues from the sale of the product/service over the 12 months pre-listing will be maintained or increased in the 12 months post-listing.
Non-Revenue Generating / Development Stage / Early Commercialization Stage:
An Issuer1 satisfying any three (3) of the following criteria will generally be considered by the Exchange as satisfying the "history of operations/validation of business" for a Tier 2 Non-Resource Issuer:
- Either: (a) development of the Issuer's product/service has been ongoing for at least 12 months; or (b) not less than an aggregate of $250,000 has been expended on the development of the Issuer's product/service (excluding general and administrative expenses).
- The Issuer will expend not less than $500,000 on the development or commercialization of the product/service over the 12 months post-listing.
- A working prototype or beta version of the Issuer's product (or, where applicable, the Issuer's service) has been created which reasonably demonstrates that development of the final product (or delivery of the final service) with expected functionality is possible.
- Based upon the stage of development of the product/service at the time of listing along with the Issuer's intended activities and use of available funds following listing, there is a reasonable expectation that: (a) within 12 months of listing the Issuer will have a product/service at the commercialization stage (i.e. the Issuer will have a developed product or service that it is able to offer for sale and the means of producing/providing such product or service); and (b) within 24 months of listing the Issuer will be generating revenues from the sale of such product/service.
- The Issuer has a joint venture or collaborating arrangement with a credible third party in respect of the development of its product or service. For a research and development issuer (Life Sciences), this may include having its research programs sponsored or supported by a credible third party institute such as a university.2
- The Issuer has principals/founders who have a successful track record in developing products or services within the same or similar industry as may be evidenced by, without limitation:
- the commercial sale of such products or services;
- positive cash flow being generated from the sale of such products or services; and
- where applicable, technical expertise in the industry sector.
- The Issuer is concurrently conducting an equity Arm's Length Financing (as defined in section 2.3 of Policy 2.1 – Initial Listing Requirements) and the aggregate gross proceeds raised by the Arm's Length Financing is at least $2,000,000. A concurrent Arm's Length Financing may include a financing, on terms that are acceptable to the Exchange, completed after the Issuer has filed its related disclosure document on SEDAR (e.g. Filing Statement/Information Circular/Prospectus) and/or disseminated a comprehensive press release detailing the related transaction.
______________________ |
1 In this context, "Issuer" includes the Issuer, Target Company or Resulting Issuer, as the case may be. |
2 In this context, the collaboration or sponsorship will generally mean that the third party is directly or indirectly supporting the development or R&D activities whether financially or through the provision of services or facilities. An Issuer contracting a third party to provide certain development or R&D related services does not constitute collaboration or sponsorship in this context. |
If you have any questions about this Bulletin, please contact:
Charlotte Bell |
Senior Policy Counsel |
604-643-6577 |
|
Kyle Araki |
Director, Capital Formation (Calgary) |
403-218-2851 |
|
Tim Babcock |
Director, Capital Formation (Toronto) |
416-365-2202 |
|
Andrew Creech |
Director, Capital Formation (Vancouver) |
604-602-6936 |
|
Sylvain Martel |
Director, Capital Formation (Montréal) |
514-788-2408 |
TYPE DE BULLETIN : Avis aux émetteurs DATE DU BULLETIN : le 21 juin 2018
Objet : Simplification du processus d'inscription pour les sociétés des secteurs de l'industrie, de la technologie et des sciences de la vie :
directives d'interprétation de l'exigence d'inscription « antécédents d'exploitation ou validation des activités »
Aperçu
Le présent avis aux émetteurs a pour but de mettre à jour et de remplacer l'avis aux émetteurs daté du 29 janvier 2014, qui fournit certaines directives visant à simplifier le processus d'inscription pour les émetteurs qui souhaitent s'inscrire à la Bourse de croissance TSX (la « TSXV » ou la « Bourse ») comme sociétés du secteur de l'industrie, de la technologie ou des sciences de la vie (« émetteurs des secteurs autres que celui des ressources »). Ces directives sont fournies dans le but d'améliorer l'efficacité du processus d'inscription pour les émetteurs des secteurs autres que celui des ressources conformément aux politiques existantes de la Bourse et de faire le point sur le cadre applicable à l'inscription de ces émetteurs. Idéalement, ces mesures contribueront à réduire les délais et certains des coûts liés au processus d'inscription.
Ces directives visent à clarifier l'interprétation et l'application par la TSXV de l'exigence relative à l'inscription initiale « antécédents d'exploitation ou validation des activités » applicable aux émetteurs des secteurs autres que celui des ressources énoncées aux paragraphes 2.5 et 2.6 de la Politique 2.1 – Exigences relatives à l'inscription initiale.
L'exigence d'inscription « antécédents d'exploitation ou validation des activités » constitue la principale exigence d'inscription initiale relative aux activités à laquelle doit satisfaire un émetteur des secteurs autres que celui des ressources pour pouvoir s'inscrire à la Bourse. Actuellement, les directives portant sur les critères auxquels doit répondre un émetteur pour satisfaire à cette exigence d'inscription sont limitées. En fournissant des directives et des précisions supplémentaires à cet égard, la Bourse croit que les émetteurs des secteurs autres que celui des ressources auront, dès le début du processus d'inscription, une meilleure compréhension des attentes de la Bourse et des considérations pertinentes liées à cette exigence d'inscription. Parallèlement, des gains d'efficacité devraient être réalisés dans le processus d'inscription, étant donné que l'émetteur sera plus apte à répondre aux attentes et aux considérations de la Bourse dès le début du processus de demande plutôt qu'une fois celui-ci amorcé.
Directives d'interprétation de l'exigence relative à l'inscription initiale « antécédents d'exploitation ou validation des activités »
Il importe de noter ce qui suit à l'égard des directives citées ci-dessous :
A. |
Même si un émetteur satisfait à l'exigence relative à l'inscription initiale « antécédents d'exploitation ou validation des activités » en répondant aux critères énoncés ci-après, il doit néanmoins satisfaire à toutes les autres exigences d'inscription pour pouvoir s'inscrire à la TSXV. |
B. |
La liste suivante ne se veut pas une liste définitive des critères à remplir pour satisfaire à l'exigence relative à l'inscription initiale « antécédents d'exploitation ou validation des activités », car les critères énoncés peuvent ne pas être suffisamment représentatifs de tous les types de secteurs et de situations ou encore ne pas s'appliquer à l'ensemble de ceux-ci. Ainsi, le fait qu'un émetteur qui dépose une demande ne remplisse pas les critères énoncés ci-après ne signifie pas nécessairement que cet émetteur ne peut satisfaire autrement aux exigences relatives à l'inscription initiale en fonction du bien-fondé de sa candidature. Ce genre de situation sera examiné par la Bourse au cas par cas. |
Stade de génération d'un produit financier / stade de commercialisation
Un émetteur1 qui satisfait tous les critères suivants sera généralement considéré par la Bourse comme satisfaisant à l'exigence relative à l'inscription initiale « antécédents d'exploitation ou validation des activités » pour un émetteur du groupe 1 ou du groupe 2 issu d'un secteur autre que celui des ressources :
- Le produit ou le service de l'émetteur est au stade de la commercialisation depuis au moins 12 mois. Cela signifie plus précisément qu'au moment de l'inscription, l'émetteur aura :
- un produit ou un service développé qu'il est en mesure de mettre en vente;
- les moyens de produire ou de fournir ledit produit ou service;
- touché des produits financiers provenant de la vente du produit ou service pendant au moins 12 mois.
- Un produit financier total provenant de la vente du produit ou service depuis sa commercialisation d'au moins 500 000 $ (sans limitation quant à la période durant laquelle ce produit financier a été généré).
- Des preuves suffisantes (comme des contrats de vente ou de service) que le produit financier provenant de la vente du produit ou service au cours des 12 mois précédant l'inscription pourra être maintenu ou accru au cours des 12 mois suivant l'inscription.
Stade sans génération de produit financier / stade de développement / stade de commercialisation initiale
Un émetteur1 qui répond à trois (3) des critères suivants sera considéré par la Bourse comme satisfaisant à l'exigence d'inscription « antécédents d'exploitation ou validation des activités » pour un émetteur du groupe 2 issu d'un secteur autre que celui des ressources :
- Soit a) le développement du produit ou service de l'émetteur est en cours depuis au moins 12 mois, ou b) un total d'au moins 250 000 $ a été consacré au développement du produit ou du service de l'émetteur (à l'exclusion des charges générales et administratives).
- L'émetteur consacrera au moins 500 000 $ au développement ou à la mise en marché du produit ou du service au cours des 12 mois suivant l'inscription;
- Un prototype fonctionnel ou une version bêta du produit (ou du service de l'émetteur, le cas échéant) a été créé et démontre raisonnablement la possibilité de développer le produit final (ou la prestation du service final) avec le résultat souhaité.
- À la lumière du stade de développement du produit ou du service au moment de l'inscription et des activités et de l'utilisation des fonds à disposition prévues par l'émetteur après l'inscription, l'on peut raisonnablement s'attendre à ce que : a) dans les 12 mois suivant l'inscription, le produit ou le service de l'émetteur sera au stade de la commercialisation (c.-à-d. que l'émetteur aura développé un produit ou un service qu'il est en mesure de mettre en marché et disposera des moyens pour produire ou fournir ledit produit ou service); b) dans les 24 mois suivant l'inscription, l'émetteur générera un produit financier provenant de la vente dudit produit ou service.
- L'émetteur détient un accord de coentreprise ou de collaboration avec une tierce partie crédible relativement au développement de son produit ou de son service. Dans le cas d'émetteurs du domaine de la recherche et du développement (sciences de la vie), cela peut prendre la forme d'un parrainage ou d'un soutien de son programme de recherche par un institut tiers crédible comme une université.2
- Les dirigeants ou fondateurs de l'émetteur ont des antécédents concluants en matière de développement de produits ou de services dans le même secteur ou dans un secteur similaire, comme peuvent en faire foi, sans s'y limiter :
- la vente commerciale de tels produits ou services;
- des flux de trésorerie positifs provenant de la vente de tels produits ou services;
- une expertise technique dans le secteur d'activité, le cas échéant.
- L'émetteur réalise de façon concomitante un « financement sans lien de dépendance » par actions (tel qu'il est défini dans le paragraphe 2.3 de la Politique 2.1 – Exigences relatives à l'inscription initiale) et le produit brut global du financement sans lien de dépendance s'élève à au moins 2 000 000 de dollars. Un financement concomitant sans lien de dépendance peut être constitué, selon des modalités considérées comme acceptables par la Bourse, d'un financement réalisé après le dépôt par l'émetteur de ses documents d'information connexes auprès de SEDAR (p. ex. déclaration de changement à l'inscription, circulaire d'information, prospectus) ou la diffusion d'un communiqué de presse détaillé faisant état de l'opération en question.
________________________ |
1 Dans le présent contexte, le terme « émetteur » comprend l'émetteur, la société visée ou l'émetteur résultant, selon le cas. |
2 Dans le présent contexte, la collaboration ou le parrainage signifiera généralement que la tierce partie soutient directement ou indirectement le développement ou les activités de recherche et développement soit financièrement ou par la prestation de services ou d'installations. La conclusion par l'émetteur d'un marché avec une tierce partie pour la fourniture de certains services liés au développement ou à la recherche et au développement ne constitue pas un parrainage ni une collaboration dans le présent contexte. |
Pour toute question relative au présent bulletin, veuillez communiquer avec :
Charlotte Bell |
Conseillère juridique principale, Politiques |
604 643-6577 |
|
Kyle Araki |
Directeur, Formation de capital (Calgary) |
403 218‑2851 |
|
Tim Babcock |
Directeur, Formation de capital (Toronto) |
416 365-2202 |
|
Andrew Creech |
Directeur, Formation de capital (Vancouver) |
604 602-6936 |
|
Sylvain Martel |
Directeur, Formation de capital (Montréal) |
514 788-2408 |
BETTERU EDUCATION CORP. ("BTRU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 21, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 21, 2017:
Number of Shares: |
1,623,376 shares |
Purchase Price: |
$0.77 per share |
Number of Placees: |
1 Placee |
For further details, please refer to the Company's news release dated May 28, 2018.
____________________________________
BLUE SKY URANIUM CORP. ("BSK")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: June 21, 2018
TSX Venture Tier 2 Company
Further to our bulletin dated June 15, 2018 with respect to a private placement of 24, 906,588 units at $0.14 per unit, TSX Venture Exchange has been advised of the following:
- The finder's fee payable to Mann Mann Jensen Partners LP should have been for $17,500.35 and 123,003 Finder Warrants exercisable into common shares at $0.30 per share for a two year period, not $35,000.70 and 250,005 Finder Warrants.
- Integral Wealth Securities Limited will receive a finder's fee of $14,000.01 and 125,003 warrants exercisable into common shares at $0.30 per share for a two year period.
________________________________________
CANALASKA URANIUM LTD. ("CVV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 21, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 28, 2018:
Flow-Through Shares: |
|
Number of FT Shares: |
853,276 flow through shares |
Purchase Price: |
$0.39 per flow through share |
Warrants: |
426,638 share purchase warrants to purchase 426,638 shares |
Warrant Initial Exercise Price: |
$0.51 |
Warrant Term to Expiry: |
2 Years |
Non Flow-Through Shares: |
|
Number of Non-FT Shares: |
531,588 non flow through shares |
Purchase Price: |
$0.34 per non flow through share |
Warrants: |
265,794 share purchase warrants to purchase 265,794 shares |
Warrant Initial Exercise Price: |
$0.51 |
Warrant Term to Expiry: |
2 Years |
Number of Placees: |
15 Placees |
Finder's Fee: |
|
Canaccord Genuity Corp |
$2,448.00 cash; 7,200 warrants |
Leede Jones Gable Inc. |
$9,654.27 cash; 24,755 warrants |
National Bank Financial Inc. |
$4,680.00 cash; 12,000 warrants |
Leede Jones Gable Inc. |
$2,340.00 cash; 6,000 warrants |
PI Financial Corp. |
$1,170.00 cash; 3,000 warrants |
Finder Warrant Initial Exercise Price: |
$0.51 |
Finder Warrant Term to Expiry: |
2 year warrant subj to acceleration if close price is at $0.90 for 10 consecutive days |
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.
________________________________________
COPPER FOX METALS INC. ("CUU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 21, 2018
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 3, 2018:
Number of Shares: |
12,000,000 shares |
|
Purchase Price: |
$0.10 per share |
|
Warrants: |
6,000,000 share purchase warrants to purchase 6,000,000 shares |
|
Warrant Exercise Price: |
$0.12 in the first year |
|
$0.15 in the second year |
||
Number of Placees: |
21 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Ernesto Echavarria |
Y |
7,200,000 |
Elmer B. Stewart |
Y |
307,000 |
Robert Hector |
Y |
500,000 |
J. Michael Smith |
Y |
100,000 |
Aggregate Pro Group |
||
Involvement [1 placee] |
P |
840,000 |
Finder's Fee: |
$12,500 cash payable to Wellington-Altus Private Wealth |
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.
________________________________________
ESKAY MINING CORP. ("ESK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 21, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Jun 12, 2018:
Flow-Through Shares: |
|
Number of FT Shares: |
784,000 flow through shares |
Purchase Price: |
$0.30 per flow through share |
Warrants: |
392,000 share purchase warrants to purchase 392,000 shares |
Warrant Initial Exercise Price: |
$0.40 |
Warrant Term to Expiry: |
2 Years |
Non Flow-Through Shares: |
|
Number of Non-FT Shares: |
890,000 non flow through shares |
Purchase Price: |
$0.25 per non flow through share |
Warrants: |
890,000 share purchase warrants to purchase 890,000 shares |
Warrant Initial Exercise Price: |
$0.40 |
Warrant Term to Expiry: |
2 Years |
Number of Placees: |
13 Placees |
Finder's Fee: |
|
Leede Jones Gable Inc. |
$2,750.00 cash |
PI Financial Corp. |
$1,750.00 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.
________________________________________
FIRST COBALT CORP. ("FCC")
BULLETIN TYPE: Amendment
BULLETIN DATE: June 21, 2018
TSX Venture Tier 2 Company
AMENDMENT:
Further to the TSX Venture Exchange Bulletin dated June 4, 2018, the Exchange has subsequently been advised by the Company that the Company issued 115,318,357 shares to the shareholders of US Cobalt (not 113,162,188). In addition, the post-arrangement capitalization is 337,845,152 shares of First Cobalt.
All other information in the June 4, 2018 bulletin remains unchanged.
________________________________________
FRONTIER LITHIUM INC. ("FL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 21, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 18, 2017 and December 4, 2017:
Number of Shares: |
2,267,950 shares |
|
Purchase Price: |
$0.40 per share |
|
Warrants: |
2,267,950 share purchase warrants to purchase 2,267,950 shares |
|
Warrant Exercise Price: |
$0.64 for a one year period |
|
Number of Placees: |
27 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Trevor Walker |
Y |
41,250 |
Danya Walker |
Y |
91,851 |
Sonia Basso |
Y |
75,000 |
Reginald F. Walker |
Y |
250,000 |
John R. Didone |
||
Professional Corporation |
Y |
37,500 |
Finder's Fee: |
$2,400 cash and 6,000 broker warrants payable to Pollit & Co |
|
$893.58 cash payable to Foster & Associates Financial Services Inc. |
||
$8,335.34 cash and 18,441 broker warrants payable to Stormcrow Capital Ltd. |
________________________________________
HASHCHAIN TECHNOLOGY INC. ("KASH")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 21, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a purchase order dated January 3, 2018 ("Purchase Order") between the Company and BitRig Technology Inc. ("BitRig") whereby, pursuant to a Purchase and Exclusive Supply Agreement dated November 18, 2017, the Company has agreed to purchase mining
Rigs exclusively through BitRig. The Company has purchased and received delivery of 3,000 cryptocurrency mining rigs ("Rigs") for total consideration of US$12,985,076 consisting of cash consideration of US$10,485,076 and the issuance of 15,000,000 common shares of the Company at a deemed value of US$2,500,000. The Company retains the right to purchase an additional 2,000 Rigs pursuant to the Purchase Order for up to a total of 5,000 Rigs.
The transaction was arm's length in nature and there were no finder's fees.
Please refer to the Company's news releases dated January 4, 2018 and April 4, 2018.
Insider / Pro Group Participation: Nil
________________________________________
IRONWOOD CAPITAL CORP. ("IRN.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: June 21, 2018
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated June 20, 2018, 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.
________________________________________
LGC CAPITAL LTD. ("LG")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 21, 2018
TSX Venture Tier 2 Company
Effective at 8.15 a.m. PST, June 21, 2018, shares of the Company resumed trading, an announcement having been made.
________________________________________
LOS ANDES COPPER LTD. ("LA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 21, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 26, 2018:
Number of Shares: |
26,800,000 shares |
Purchase Price: |
$0.33 per share |
Warrants: |
13,400,000 share purchase warrants to purchase 13,400,000 shares |
Warrant Exercise Price: |
$0.50 for a five year period |
Number of Placees: |
1 Placee |
________________________________________
RAMBLER METALS AND MINING PLC ("RAB")
BULLETIN TYPE: Private Placement- Non-Brokered
BULLETIN DATE: June 21, 2018
TSX Venture Tier 1 Company
TSX Venture Exchange (the "Exchange") has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 22, 2018:
Number of Shares: |
44,400,000 shares |
Purchase Price: |
£0.05 per share |
Number of Placees: |
1 Placee |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a new release announcing the closing of the private placement dated June 13, 2018.
________________________________________
TANGO MINING LIMITED ("TGV")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: June 21, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 651,000 shares at a deemed price of $0.05 per share in consideration of certain services provided to the company in May 2018, pursuant to two consulting agreements dated August 17, 2017.
Insider / Pro Group Participation: |
|||
Insider=Y / |
Deemed Price |
||
Creditor |
Progroup=P |
per Share |
# of Shares |
Samer Khalaf |
Y |
$0.05 |
420,000 |
Terry Lee Tucker |
Y |
" |
231,000 |
The Company shall issue a news release when the shares are issued.
________________________________________
URBANFUND CORP. ("UFC")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: June 21, 2018
TSX Venture Tier 2 Company
The TSX Venture Exchange has accepted for filing the Issuer's Dividend Reinvestment Plan (the "DRIP"). The Issuer has reserved 2,153,239 shares under the DRIP.
For more information, refer to the Issuer's press release dated June 18, 2018.
_______________________________________
ZENITH ENERGY LTD. ("ZEE")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 21, 2018
TSX Venture Tier 2 Company
Effective at 6.30 a.m. PST, June 21, 2018, shares of the Company resumed trading, an announcement having been made.
________________________________________
NEX COMPANIES
CAPRICORN BUSINESS ACQUISITIONS INC. ("CAK.H")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: June 21, 2018
NEX Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated June 14, 2018, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the change of business and/or Reverse Take-Over pursuant to Listings Policy 5.2
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
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