TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, Oct. 19, 2018 /CNW/ -
TSX VENTURE COMPANIES
BEAUFIELD RESOURCES INC. ("BFD")
BULLETIN TYPE: Delist
BULLETIN DATE: October 19, 2018
TSX Venture Tier 1 Company
Further to the Company's news releases dated August 14, 2018, September 7, 2018, October 12, 2018, October 15, and October 19, 2018, the common shares of Beaufield Resources Inc. (the "Company") will be delisted from TSX Venture Exchange effective at the close of business on Monday, October 22, 2018.
The delisting of the Company's common shares results from the completion of an arrangement with Osisko Mining Inc. ("Osisko") (TSX: OSK). Under the arrangement, Osisko acquired all the common shares of the Company (other than shares held by Osisko). The consideration payable by Osisko pursuant to the arrangement is 0.0482 of a share of Osisko in exchange for each share of Beaufield held immediately prior to the effective time of the arrangement.
The arrangement was approved by the Company's shareholders at a special shareholders' meeting held on October 12, 2018 and was approved by the Superior Court of Quebec on October 15, 2018 with an effective date of October 19, 2018.
For more information, please consult the Company's Management Information Circular dated September 11, 2018, which is available on SEDAR.
RESSOURCES BEAUFIELD INC. ("BFD")
TYPE DE BULLETIN : Radiation de la cote
DATE DU BULLETIN : Le 19 octobre 2018
Société du groupe 1 de TSX Croissance
Suite aux communiqués de presse de la société émis les 14 août 2018, 7 septembre 2018, 12 octobre 2018, 15 octobre 2018 et 19 octobre 2018, les actions ordinaires de Ressources Beaufield inc. (la « société ») seront retirées de la cote de Bourse de croissance TSX à la fermeture des affaires le lundi 22 octobre 2018.
La radiation de la cote des actions ordinaires de la société résulte de la réalisation d'un arrangement avec Minière Osisko inc. («Osisko») (TSX: OSK). Dans le cadre de cet arrangement, Osisko a acquis la totalité des actions ordinaires de la société (autres que les actions détenues par Osisko). La contrepartie à payer par Osisko aux termes de l'arrangement correspond à 0,0482 action d'Osisko en échange de chaque action de la société détenue immédiatement avant la date d'entrée en vigueur de l'arrangement.
L'arrangement a été approuvé par les actionnaires de la société lors d'une assemblée extraordinaire tenue le 12 octobre 2018 et par la Cour supérieure de Québec le 15 octobre 2018 avec une date d'entrée en vigueur le 19 octobre 2018.
Pour plus de renseignements, veuillez consulter la circulaire de sollicitation de procuration par la direction datée du 11 septembre 2018 disponible sur SEDAR.
_______________________________________
CANADIAN SPIRIT RESOURCES INC. ("SPI")("SPI.RT")
BULLETIN TYPE: Rights Offering-Shares
BULLETIN DATE: October 19, 2018
TSX Venture Tier 2 Company
The Company has announced it will offer to Shareholders ("the Offering") of record on October 26, 2018, Rights to purchase shares of the Company. One (1) Right will be issued for each share held. Nine and one-half (9.5) Rights and $0.08 are required to purchase one Share. The expiry date for the Rights Offering is November 30, 2018. As at October 18, 2018 the Company had 177,494,004 shares issued and outstanding.
As part of the Offering, the Company has entered into a stand-by purchase agreement, pursuant to which Elmag Investments Inc. has committed to purchase all Rights Shares not subscribed for by other shareholders of the Company.
Effective at the opening, October 25, the shares of the Company will trade Ex-Rights and the Rights will commence trading at that time on a 'when-issued basis'. The Company is classified as an 'Oil and Gas Exploration and Development' company.
Summary: |
|
Basis of Offering: |
Nine and one-half (9.5) Rights exercisable for One (1) Share at $0.08 per Share. |
Record Date: |
October 26, 2018 |
Shares Trade Ex-Rights: |
October 25, 2018 |
Rights Called for Trading: |
October 25, 2018 |
Rights Trade for Cash: |
November 27, 2018 |
Rights Expire: |
November 30, 2018 at 4:30 p.m. MST, |
TRADE DATES
November 27, 2018 - TO SETTLE – November 28, 2018
November 28, 2018 - TO SETTLE – November 29, 2018
November 29, 2018 - TO SETTLE – November 30, 2018
November 30, 2018 - TO SETTLE – November 30, 2018
Rights Trading Symbol: |
SPI.RT |
Rights CUSIP Number: |
136637121 |
Subscription Agent and Trustee: |
Computershare Investor Services Inc. |
Authorized Jurisdiction(s): |
All provinces and territories of Canada |
For further details, please refer to the Company's Rights Offering Circular dated October 18, 2018.
The Company's Rights Offering Circular has been filed with and accepted by the TSX Venture Exchange.
________________________________________
INVICTUS MD STRATEGIES CORP. ("GENE") ("GENE.WT")
BULLETIN TYPE: Prospectus-Unit Offering, New Listing-Warrants
BULLETIN DATE: October 19, 2018May 11, 2001
TSX Venture Tier 2 Company
Effective October 12, 2018, the Company's Short Form Prospectus dated October 12, 2018 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Securities Commissions of British Columbia and Ontario. The Short Form Prospectus has been filed under Multilateral Instrument 11-102 in Alberta, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island, and Newfoundland and Labrador.
TSX Venture Exchange has been advised that closing occurred on October 19, 2018, for gross proceeds of $23,000,000.
Underwriters: |
PI Financial Corp. and GMP Securities L.P. ("Co-Lead Underwriters"), Canaccord Genuity Corp. and Echelon Wealth Partners Inc. (collectively, the "Underwriters"). |
Offering: |
11,500,000 units including 1,500,000 additional units pursuant to the over-allotment option, each unit consisting of one share and one-half of one share purchase warrant. Each whole warrant will entitle the holder to acquire one common share at an exercise price of $2.40 for a period of 24 months from the closing date. |
Unit Price: |
$2.00 per unit. |
Warrant Exercise Price/Term: |
$2.40 per share to October 19, 2020. |
For further information, please see the Company's news releases dated September 26, 2018 and October 19, 2018.
New Listing - Warrants
Effective at the opening October 23, 2018, the 5,750,000 warrants of the Company will commence trading on TSX Venture Exchange. The Company is classified as an 'Industrial' or 'Life Sciences' company.
Corporate Jurisdiction: |
British Columbia |
Capitalization: |
5,750,000 warrants are issued and outstanding |
Transfer Agent: |
Computershare Investor Services Inc. |
Trading Symbol: |
GENE.WT |
CUSIP Number: |
46183X133 |
The warrants were issued pursuant to a unit offering of 10,000,000 units, each unit consisting of one common share and one-half of one share purchase warrant plus warrants issued in connection with the exercise of the over-allotment option of an additional 1,500,000 units.
_______________________________________
PURE MULTI-FAMILY REIT LP ("RUF.U") ("RUF.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: October 19, 2018
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
Distribution per US Class Unit: US$0.03125
Distribution per CDN Class Unit: US$0.03125
Payable Date: November 15, 2018
Record Date: October 31, 2018
Ex-distribution Date: October 30, 2018
________________________________________
SANDFIRE RESOURCES AMERICA INC. ("SFR.RT")
BULLETIN TYPE: Rights Expiry-Delist
BULLETIN DATE: October 19, 2018
TSX Venture Tier 2 Company
Effective at the opening Thursday, October 25, 2018, the Rights of the Company will trade for cash. The Rights expire October 30, 2018 and will therefore be delisted at the close of business October 30, 2018.
TRADE DATES
October 25, 2018 - TO SETTLE - October 26, 2018
October 26, 2018 - TO SETTLE - October 29, 2018
October 29, 2018 - TO SETTLE - October 30, 2018
October 30, 2018 - TO SETTLE - October 30, 2018
The above is in compliance with Trading Rule C.2.18 – Expiry Date:
Trading in the rights shall be for cash for the three trading days preceding the expiry date and also on expiry date. On the expiry date, trading shall cease at 12 o'clock noon E.T. and no transactions shall take place thereafter except with permission of the Exchange.
________________________________________
THE SUPREME CANNABIS COMPANY, INC. ("FIRE") ("FIRE.DB")
BULLETIN TYPE: Prospectus-Debenture Offering, New Listing-Debentures
BULLETIN DATE: October 19, 2018
TSX Venture Tier 1 Company
Effective October 12, 2018, a (final) short form prospectus (the "Prospectus") of The Supreme Cannabis Company, Inc. (the "Company") dated October 11, 2018, qualifying for issuance $90,000,000 aggregate principal amount of 6% senior unsecured convertible debentures of the Company (the "Debentures") was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Ontario Securities Commission. Under Multilateral Instrument 11-102 - Passport System, the Company's Prospectus is deemed to have been filed with and receipted by the securities regulators for each of the British Columbia, Alberta, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador Securities Commissions.
TSX Venture Exchange has been advised that the closing of the offering of Debentures pursuant to the Prospectus (the "Offering") occurred on October 19, 2018, for gross proceeds to the Company of $100,000,000.
Offering: |
$90,000,000 plus $10,000,000 over-allotment aggregate principal amount of 6% Senior Unsecured Convertible Debentures due October 19, 2021. |
Underwriter(s): |
GMP Securities L.P., BMO Nesbitt Burns Inc., Cormark Securities Inc., Eight Capital, Beacon Securities Limited and PI Financial Corp. |
Underwriter(s) Commission: |
$4,000,000 after the exercise of the over-allotment option in full |
Over-Allotment Option: |
The over-allotment was exercised in full to purchase an additional $10,000,000 aggregate principal amount of Debentures |
These Debentures were issued pursuant to the trust indenture dated October 19, 2018 between the Company and Computershare Trust Company of Canada (the "Trust Indenture").
Listing of Debentures:
Effective at the opening, Tuesday, October 23, 2018, the Debentures will commence trading on TSX Venture Exchange. The Company is classified as a 'Pharmaceutical and medicine manufacturing' company.
Jurisdiction: |
Canada (Ontario) |
Capitalization: |
$100,000,000 Debentures are issued and outstanding |
Transfer Agent: |
Computershare Trust Company of Canada |
Trading Symbol: |
FIRE.DB |
CUSIP Number: |
86860JAD8 |
Details of the Debentures: (Note: all capitalized terms used below and not otherwise defined shall have the meanings given to them in the Prospectus)
Maturity Date: |
October 19, 2021 |
Redemption: |
The Company may force the conversion of the principal amount of the then outstanding Debentures at the Conversion Price on not less than 30 days' notice should the daily volume weighted average trading price of the common shares of the Company on the TSX Venture Exchange be greater than $3.43 for any 10 consecutive trading days. Upon a change of control of the Company, holders of the Debentures will have the right to require the Company to repurchase their Debentures, in whole or in part, on the date that is 30 days following the giving of notice of the change of control, at a price equal to 104% of the principal amount of the Debentures then outstanding plus accrued and unpaid interest thereon. If 90% or more of the principal amount of the Debentures outstanding on the date of the notice of the change of control have been tendered for redemption, the Company will have the right to redeem all of the remaining Debentures at such price |
Interest: |
6% payable in equal semi-annual payments in arrears on June 30 and December 31 in each year (with the exception of the first interest payment, which will include interest from and including the date of closing of the Offering as set forth below), the first such payment to fall due on December 31, 2018 |
Subordination: |
The payment of principal and interest on the Debentures is subordinated in right of payment to the extent set forth in the Trust Indenture to the prior payment in full of all current and future secured debt and other liabilities of the Corporation to the extent of the assets securing such debt and other liabilities and senior to any future debt of the Corporation that is expressly subordinated to the Debentures |
Conversion: |
Each Debenture will be convertible into common shares of the Company (the "Debenture Shares"), which are listed on the TSX Venture Exchange under ticker symbol "FIRE", at the option of the holder at any time prior to the close of business on the earliest of (i) the Business Day immediately preceding the Maturity Date of the Initial Debentures; or (ii) if subject to repurchase pursuant to a Change of Control, on the Business Day immediately preceding the payment date, subject to the satisfaction of certain conditions, by notice to the holders of Debentures in accordance with Section 2.5(4) of the Trust Indenture, to convert any part, being $1,000 or an integral multiple thereof, of the principal amount of a Debenture into Debenture Shares at the price of $2.45 per Debenture Share, subject to adjustment in certain events in accordance with the Trust Indenture. To the extent a redemption is a redemption in part only of the Debentures, such right to convert, if not exercised prior to the applicable Time of Expiry, shall survive as to any Debentures not redeemed or converted and be applicable to the next succeeding Time of Expiry. No Debentures may be converted on an Interest Payment Date or during the five Business Days preceding each Interest Payment Date. |
Day Count Type: |
360 |
Interest Start Date: |
October 19, 2018 |
First Coupon Date: |
December 31, 2018 |
Coupon Dates: |
June 30 and December 31 |
Clearing and Settlement: |
The Debentures will clear and settle through CDS. |
Board Lot: |
The Debentures are in denominations of $1,000 and will trade in a board lot size of $1,000 face value. |
For further information, please refer to the final short form prospectus of the Company dated October 11, 2018.
_________________________________________
NEX COMPANIES
DATAWIND INC. ("DW.H")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: October 19, 2018
NEX Company
The common shares of DataWind Inc. (the "Company") will be listed and trading in the securities of the Company will remain suspended on NEX, on the effective dates stated below.
Listing Date: |
At the close of business (5:01 p.m. EDT) on Monday, October 22, 2018. |
Commence Date: |
The common shares will commence trading on NEX at the opening on Tuesday, October 23, 2018. |
The common shares of the Company (Symbol: DW) were delisted from Toronto Stock Exchange at the close of business on Monday, October 22, 2018.
The Company no longer meets Toronto Stock Exchange minimum listing requirements and also does not meet the requirements for a TSX Venture Tier 2 company.
As of October 23, 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 DW (that was the trading symbol used when the Company's shares were listed on Toronto Stock Exchange) to DW.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.
The Company is classified as a "Computer and peripheral equipment manufacturing" issuer (NAICS Number: 33411). For further information, please refer to the Company's continuous disclosure information available on SEDAR.
Corporate Jurisdiction: |
Canada |
|
Capitalization: |
Unlimited common shares with no par value of which 24,319,698 common shares are issued and outstanding |
|
Escrowed Shares: |
None |
|
Transfer Agent: |
Computershare Investor Services Inc. (Toronto) |
|
Trading Symbol: |
DW.H |
|
CUSIP Number: |
23815L100 |
|
Company Contact: |
Suneet S. Tuli, Director |
|
Company Address: |
Suite 200, 1450 Meyerside Dr., |
|
Mississauga, ON L5T 2N5 |
||
Company Phone Number: |
(905) 670-0809 |
|
Company Fax Number: |
(647) 776-7555 |
|
Company Email Address: |
||
Company Website: |
||
____________________________________
18/10/19 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
AM RESOURCES CORP. ("AMR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 19, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement announced on June 18, 2018:
Number of Shares: |
3,065,415 common shares |
Purchase Price: |
$0.17 per common share |
Number of Placees: |
18 placees |
Insider / Pro Group Participation: |
Nil |
Finder's Fee: |
An arm's length finder received $38,350.10 in cash and non-transferable broker warrants to purchase 281,986 common shares at an exercise price of $0.22 per share until August 14, 2019 |
The Company has confirmed the closing of the above-mentioned Private Placement by way of press releases dated August 15, 2018, August 22, 2018 and October 18, 2018.
AM RESOURCES CORP. (« AMR »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 19 octobre 2018
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier tel qu'annoncé le 18 juin 2018 :
Nombre d'actions : |
3 065 415 actions ordinaires |
Prix : |
0,17 $ par action ordinaire |
Nombre de souscripteurs : |
18 souscripteurs |
Participation Initié / Groupe Pro : |
Aucun |
Honoraire d'intermédiation : |
Un intermédiaire sans lien de dépendance a reçu 38 350,10 $ en espèces et des bons de courtier non-transférables permettant de souscrire 281 986 actions ordinaires au prix d'exercice de 0,22 $ par action jusqu'au 14 août 2019 |
La société a confirmé la clôture du placement privé mentionné ci-dessus par voie de communiqués de presse émis les 15 août 2018, 22 août 2018 et 18 octobre 2018.
_______________________________________________
BEAUFIELD RESOURCES INC. ("BFD")
BULLETIN TYPE: Halt
BULLETIN DATE: October 19, 2018
TSX Venture Tier 1 Company
Effective at 5.49 a.m. PST, October 19, 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.
________________________________________
BROADWAY GOLD MINING LTD. ("BRD")
BULLETIN TYPE: Halt
BULLETIN DATE: October 19, 2018
TSX Venture Tier 2 Company
Effective at 4.47 a.m. PST, October 19, 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.
________________________________________
FIRST BAUXITE CORPORATION ("FBX")
BULLETIN TYPE: Halt
BULLETIN DATE: October 19, 2018
TSX Venture Tier 2 Company
Effective at 1.02 p.m. PST, October 18, 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.
________________________________________
GRANADA GOLD MINE INC. ("GGM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 19, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Oct 18, 2018:
Number of Shares: |
2,942,140 shares |
||
Purchase Price: |
$0.15 per share |
||
Warrants: |
2,942,140 share purchase warrants to purchase 2,942,140 shares |
||
Warrant Initial Exercise Price: |
$0.18 |
||
Warrant Term to Expiry: |
3 Years |
||
Number of Placees: |
6 Placees |
||
Insider / Pro Group Participation: |
|||
Insider=Y / |
|||
Name |
Pro-Group=P |
# of Shares |
|
Mineral Recovery Management Systems Corp. |
Y |
525,474 |
|
(Frank Basa) |
|||
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.
________________________________________
INTERNET OF THINGS INC. ("ITT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: October 19, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 799,585 common shares at a deemed value of $0.0963 per share to settle outstanding debt for $77,000.
Number of Creditors: |
1 Creditor |
|||
Insider / Pro Group Participation: |
||||
Creditor |
Insider=Y/ |
Amount |
Deemed Price |
# of |
Robert Klein |
Y |
$77,000.00 |
$0.0963 |
799,585 |
For further information please refer to the Company's news release dated October 9, 2018.
_________________________
KOMET RESOURCES INC. ("KMT")
BULLETIN TYPE: Private Placement Non-Brokered, Convertible Debentures
BULLETIN DATE: October 19, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Brokered Private Placement:
Convertible Debentures: |
$1,000,000 |
|
Conversion Price: |
Principal is convertible into common shares at a conversion price of $0.40 per share. |
|
Maturity date: |
August 31, 2021 |
|
Interest Rate: |
12% |
|
Number of Placees: |
1 Placee |
|
Insider / |
||
Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of shares |
Robert Wares |
Y |
2,500,000 |
Intermediary: |
None |
The Company has confirmed the closing of the Private Placement in a news release dated September 27, 2018.
RESSOURCES KOMET INC. ("KMT")
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier, Débenture convertible
DATE DU BULLETIN : Le 19 octobre 2018
Société du groupe 2 de TSX Croissance
Débentures convertibles: |
1 000 000 $ |
|
Prix de conversion : |
Le capital est convertible en actions ordinaires au prix de conversion de 0,40 $ par action. |
|
Date d'échéance : |
31 août 2021 |
|
Taux d'intérêt : |
12 % |
|
Nombre de souscripteurs : |
1 souscripteur |
|
Participation initié / Groupe Pro : |
||
Initié=Y / |
||
Nom |
Groupe Pro=P |
# d'actions |
Robert Wares |
Y |
2 500 000 |
Intermédiaire: |
Aucun |
La société a confirmé la clôture du placement privé dans un communiqué de presse daté du 27 septembre 2018.
____________________________________
MEDX HEALTH CORP. ("MDX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 19, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Oct 11, 2018:
Number of Shares: |
2,106,250 shares |
Purchase Price: |
$0.16 per share |
Warrants: |
2,106,250 share purchase warrants to purchase 2,106,250 shares |
Warrant Initial Exercise Price: |
$0.35 |
Warrant Term to Expiry: |
3 Years |
Number of Placees: |
8 Placees |
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.
________________________________________
NEW CAROLIN GOLD CORP. ("LAD")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: October 19, 2018
TSX Venture Tier 2 Company
Effective at 9.30 a.m. PST, October 19, 2018, shares of the Company resumed trading, an announcement having been made.
________________________________________
RUSORO MINING LTD. ("RML")
BULLETIN TYPE: Halt
BULLETIN DATE: October 19, 2018
TSX Venture Tier 2 Company
Effective at 9.33 a.m. PST, October 19, 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.
________________________________________
SANATANA RESOURCES INC. ("STA")
BULLETIN TYPE: Halt
BULLETIN DATE: October 19, 2018
TSX Venture Tier 2 Company
Effective at 6.10 a.m. PST, October 19, 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.
________________________________________
SONORO METALS CORP. ("SMO")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 19, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to an option agreement dated October 5, 2018 between the Company and Mr. Hector Fernando Albelais Peral and Mrs. Maria Fernanda Robles Contreras and Minera Mar de Plata whereby the Company will have an option to acquire 100% right, title and interest in and to mineral concession title no. 175488 which conveys mining rights in and to the Cabeza Blanca concession situated within the perimeter of the Cerro Caliche concessions in Cucurpe, Sonora in consideration of US$175,000 and 250,000 common shares.
________________________________________
TRANSITION METALS CORP. ("XTM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 19, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an option agreement (the "Agreement"), dated August 20, 2018 between Transition Metals Corp. (the "Company") and Joe Richman (the "Vendor"). Pursuant to the agreement, the Company will have the option to acquire a 100% interest in certain mining claims comprising the Highland Gold property ("the Property"), a property located in Victoria and Inverness Counties, Cape Breton, Nova Scotia.
In order to exercise its option, the Company must pay the Vendor a $170,000 cash payment and the issuance of an aggregate of up to 3,500,000 in common shares over a five year period.
For further details, please refer to the Company's news release dated September 20, 2018.
________________________________________
VELOCITY MINERALS LTD. ("VLC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 19, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Oct 12, 2018:
Number of Shares: |
6,700,433 shares |
|
Purchase Price: |
$0.15 per share |
|
Warrants: |
3,350,217 share purchase warrants to purchase 3,350,217 shares |
|
Warrant Initial Exercise Price: |
$0.20 |
|
Warrant Term to Expiry: |
3 Years |
|
Number of Placees: |
36 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
Pro-Group=P |
# of Shares |
Daniel Marinov Ltd. |
Y |
83,333 |
(Daniel Marinov) |
||
(Elena Marinov) |
||
(Radoslav Marinov) |
||
Cruise Geoservices Ltd. |
Y |
83,333 |
(Mark Cruise) |
||
Keith Henderson |
Y |
200,000 |
Marla Ritchie |
Y |
34,000 |
Finder's Fee: |
||
Leede Jones Gable Inc. |
$52,375.05 cash; 349,167 warrants |
|
Haywood Securities Inc. |
$4,637.50 cash; 30,917 warrants |
|
Finder Warrant Initial Exercise Price: |
$0.15 |
|
Finder Warrant Term to Expiry: |
Expiry date is 12 months from date of issuance. |
|
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.
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VERSAPAY CORPORATION ("VPY")
BULLETIN TYPE: Prospectus-Share Offering
BULLETIN DATE: October 19, 2018
TSX Venture Tier 2 Company
The Company has closed its financing pursuant to its Prospectus dated October 10, 2018, which was filed with and accepted by TSX Venture Exchange Inc., and filed with and receipted by the Securities Commissions of each of the provinces of Canada, on October 10, 2018, pursuant to the provisions of the applicable Securities Acts (the "Offering").
TSX Venture Exchange Inc. has been advised that the Offering closed on October 18, 2018, for gross proceeds of $5,130,000 (including the full exercise of the Over-Allotment Option).
Underwriters: |
Raymond James Ltd., Haywood Securities Inc. and PI Financial Corp. |
Offering: |
5,257,800 shares, including 685,800 shares issued pursuant to the full exercise of the Over-Allotment Option. |
Share Price: |
$1.75 per Share |
Underwriter's Fee: |
$552,069 has been paid to the Underwriters. |
Over-Allotment Option: |
The Company granted the Underwriters an option ("Over-Allotment Option"), to purchase up to an additional 685,800 shares at $1.75 per share. The Underwriters have fully exercised the Over-Allotment Option. |
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NEX COMPANIES
WANGTON CAPITAL CORP ("WT.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 19, 2018
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 20, 2018:
Number of Shares: |
3,780,000 shares |
|
Purchase Price: |
$0.10 per share |
|
Warrants: |
None |
|
Number of Placees: |
10 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
New Court Corporation |
Y |
250,000 |
(Jerahmiel Grafstein) |
||
Cyrus Driver |
Y |
100,000 |
Aggregate Pro Group Involvement |
P |
1,500,000 |
[2 Placee(s)] |
||
Finder's Fee: |
$8,250 cash payable to PI Financial Corp. |
|
$7,500 cash payable to Haywood Securities Inc. |
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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