TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, BC, June 13, 2024 /CNW/ -
TSX VENTURE COMPANIES
BULLETIN V2024-1799
ARANJIN RESOURCES LTD. ("ARJN")
BULLETIN TYPE: Consolidation
BULLETIN DATE: June 13, 2024
TSX Venture Tier 1 Company
Pursuant to a special resolution passed by shareholders on June 13, 2024, the Company has consolidated its capital on a (40) old for (1) new basis. The name of the Company has not been changed.
Effective at the opening, Monday, June 17, 2024, the common shares of Aranjin Resources Ltd. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Gold and Silver Mining' company.
Post - Consolidation |
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Capitalization: |
Unlimited |
shares with no par value of which |
11,064,836 |
shares are issued and outstanding |
|
Escrow |
Nil |
shares are subject to escrow |
Transfer Agent: |
Odyssey Trust Company |
Trading Symbol: |
ARJN (UNCHANGED) |
CUSIP Number: |
03853W200 (New) |
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BULLETIN V2024-1800
INDIVA LIMITED ("NDVA")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: June 13, 2024
TSX Venture Tier 1 Company
Further to the TSX Venture Exchange Bulletin dated June 13, 2024 and the Company's press release issued on June 13, 2024, trading in the shares of the Company will remain halted for failure to maintain Exchange requirements.
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24/06/13 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
BULLETIN V2024-1801
AMERICAN EAGLE GOLD CORP. ("AE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 13, 2024
TSX Venture Tier 2 Company
Financing Type: |
Non-Brokered Private Placement |
Gross Proceeds: |
$8,181,234 |
Offering: |
7,866,571 Charity Flow-Through Shares |
Offering Price: |
$1.04 per Charity Flow-Through Share |
Warrant Exercise Terms: |
N/A |
Non-Cash Commissions: |
Shares Warrants |
Finders (Aggregate) N/A 468,994 |
|
Commission Terms: Each non-transferable warrant is exercisable at $1.04 for a 2-year period. |
|
Public Disclosure: |
Refer to the company's news release(s) dated April 26, 2024, May 2, 2024, and May 17, 2024. |
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BULLETIN V2024-1802
F3 URANIUM CORP. ("FUU")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: June 13, 2024
TSX Venture Tier 2 Company
Financing Type: Brokered Private Placement
Gross Proceeds: $10,074,414.59
Federal Flow-Through Units |
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Offering: |
7,409,908 Listed Shares with 3,704,954 warrants attached |
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Offering Price: |
$0.5355 per Listed Share |
||
Warrant Exercise Terms: |
$0.56 per Listed Share until May 30, 2026 |
||
Saskatchewan Flow-Through Units |
|||
Offering: |
10,447,235 Listed Shares with 5,223,617 warrants attached |
||
Offering Price: |
$0.5845 per Listed Share |
||
Warrant Exercise Terms: |
$0.56 per Listed Share until May 30, 2026 |
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Non-Cash Commissions: |
Shares |
Warrants |
|
Red Cloud Securities Inc. (Lead) |
N/A |
603,281 |
|
Haywood Securities Inc. |
N/A |
95,759 |
|
SCP Resource Finance LP |
N/A |
95,759 |
|
Canaccord Genuity Corp. |
N/A |
95,759 |
|
Eight Capital Corp. |
N/A |
67,031 |
|
Commission Terms: Each non-transferable warrant is exercisable at $0.56 until May 30, 2026. |
|||
Public Disclosure: |
Refer to the company's news release(s) dated May 1, 2024. May 2, 2024, May 16, 2024 and May 30, 2024. |
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BULLETIN V2024-1803
GROUNDED LITHIUM CORP. ("GRD")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: June 13, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the earn-in agreement dated January 15, 2024, between Grounded Lithium Corp. (the "Company") and an arm's length purchaser (the "Purchaser"), whereby the Purchaser may acquire up to 75% interest in the Company's Kindersley Lithium Project (the "Project") on or before June 30, 2028, by spending $2,200,000 in qualifying exploration expenditures on the Project for the option to earn 30% interest in the Project (Phase 1), and by paying $850,000 and spending an additional $3,800,000 in qualifying exploration expenditures on the Project for the option to earn an additional 25% interest in the Project (Phase 2), and by paying an additional $1,500,000 and spending an additional $6,000,000 in qualifying exploration expenditures on the Project for the option to earn an additional 20% interest in the Project (Phase 3).
The Company also sold a 5-per-cent gross overriding royalty (GORR) on the Property to the Purchaser in accordance with the terms of a royalty agreement dated January 15, 2024, for a cash payment of $800,000. Pursuant to the terms of the royalty agreement, the GORR dropped to 2 per cent upon the receipt of all approvals, inclusive of the Company's shareholder approval of the agreement.
For further details, please refer to the Company's news releases dated January 16, 2024, and January 25, 2024.
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BULLETIN V2024-1804
INDIVA LIMITED ("NDVA")
BULLETIN TYPE: Halt
BULLETIN DATE: June 13, 2024
TSX Venture Tier 1 Company
Effective at 4:40 a.m. PST, June 13, 2024, 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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BULLETIN V2024-1805
MINILUXE HOLDING CORP. ("MNLX")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: June 13, 2024
TSX Venture Tier 2 Company
Financing Type: |
Non-Brokered Private Placement |
Offering: |
USD$475,000 principal amount of convertible debenture convertible into 913,461 Listed Shares with 137,017 detachable warrants |
Conversion Price: |
USD$0.52 per Listed Share |
Maturity date: |
42 months from issuance |
Interest rate: |
11.5% per annum |
Warrant Exercise Terms: |
USD$0.52 per warrant for a 42-month period. |
Public Disclosure: |
Refer to the company's news release dated April 26, 2024. |
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BULLETIN V2024-1806
NEW STRATUS ENERGY INC. ("NSE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 13, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation certain agreements dated January 2, 2024 related to the acquisition (the "Acquisition") of a 50% indirect interest in GoldPillar International Fund SPC Ltd. ("GoldPillar"), a private entity organized and existing under laws of the British Virgin Islands, which has acquired a 40% equity participation in a joint venture company, Petrolera Vencupet, S.A., which holds the oil production rights for the fields named "Adas", "Lido", "Limon", "Leona", "Oficina Norte" and "Oficina Central", all located onshore in the Anzoategui and Monagas States in Eastern Venezuela.
The aggregate consideration for the Acquisition is US$8.5M cash payable to an arm's length party as a finder's fee to the former beneficial owner of 100% of the share capital of GoldPillar including US$4 million paid at closing and US$4.5 million payable in installments over 24 months from closing.
For further information, please refer to the Company's news release dated January 2, 2024.
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BULLETIN V2024-1807
OROCO RESOURCE CORP. ("OCO")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: June 13, 2024
TSX Venture Tier 2 Company
Financing Type: |
Brokered Private Placement |
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Gross Proceeds: |
$6,323,007.15 |
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Offering: |
14,051,127 Listed Shares with 7,025,561 warrants attached |
||
Offering Price: |
$0.45 per Listed Share |
||
Warrant Exercise Terms: |
$0.65 per warrant for a two-year period |
||
Non-Cash Commissions: |
Shares |
Warrants |
|
Finders (Aggregate) |
N/A |
703,399 |
|
Red Cloud Securities Inc. |
N/A |
633,059 |
|
Canaccord Genuity Corp. |
N/A |
70,340 |
|
Commission Terms: Each non-transferable warrant is exercisable at $0.45 for a two-year period |
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Public Disclosure: |
Refer to the company's news release(s) dated May 16, 2024 and June 7, 2024. |
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BULLETIN V2024-1808
PATHFINDER VENTURES INC. ("RV")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 13, 2024
TSX Venture Tier 2 Company
Effective at 10:30 a.m. PST, June 13, 2024, shares of the Company resumed trading, an announcement having been made.
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BULLETIN V2024-1809
SAILFISH ROYALTY CORP. ("FISH")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 13, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 221,696 shares to settle outstanding accrued interest of $280,891 due on convertible debentures.
Number of Creditors: 3 Creditors
Non-Arm's Length Party / Pro Group Participation: |
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Creditors |
# of Creditors |
Amount Owing |
Deemed Price per Share |
Aggregate # of Shares |
Aggregate Non-Arm's Length Party Involvement: |
2 |
$274,040 |
$1.267 |
216,289 |
Aggregate Pro Group Involvement: |
N/A |
N/A |
N/A |
N/A |
The Company shall issue a news release when the shares are issued and the debt extinguished.
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BULLETIN V2024-1810
Signature Resources Ltd. ("SGU")
BULLETIN TYPE: Private Placement- Non-Brokered
BULLETIN DATE: June 13, 2024
TSX Venture Tier 2 Company
Financing Type: Non-Brokered Private Placement
Gross Proceeds: $2,101,236.80
Offering: 10,900,000 Flow-Through Shares
31,124,736 Common Shares
Offering Price: $0.05 per FT Flow-Through Shares
$0.05 per NFT Common Share
Non-Cash Commissions: |
Shares |
Warrants |
|
Finders |
0 |
0 |
Public Disclosure: Refer to the company's news releases dated May 2, 2024 and June 10, 2024.
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BULLETIN V2024-1811
SNOWLINE GOLD CORP. ("SGD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 13, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an asset purchase and sale agreement (the "Agreement") dated April 22, 2024 among Snowline Gold Corp. (the "Company"), a subsidiary of the Company (the "Buyer") and an arm's length party (the "Seller"), whereby the Company acquired a 100% interest in certain mineral claims and a 30% interest in other mineral claims from the Seller who is the legal and beneficial owner of these claims located in the Yukon Territory, Canada (the "Property").
Under the terms of the Agreement, the Company acquired the Property by (i) making $1,200,000 in cash payments on closing and (ii) issuing 1,012,000 common shares of the Company to the Seller on closing. Additionally, the Seller may receive up to seven (7) $1,000,000 cash bonuses if resource estimates exceeding one million ounces of gold on any of seven (7) claim groupings.
The Seller retained a 2% NSR royalty on the Venus claim block with an option for the Company to repurchase 50% of the NSR (equivalent to a 1% NSR interest) from the Vendor by delivering 1,000 ounces of gold or the cash equivalent at the time of exercising the buyback right.
The transaction is arm's length in nature, and no finder's fees are payable.
For further details, please refer to the Company's news releases dated April 25, 2024 and May 16, 2024.
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BULLETIN V2024-1812
SPARQ SYSTEMS INC. ("SPRQ")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: June 13, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange accepted for filing a proposed Promissory Note (the "Note") dated November 27, 2023 to 96347 Canada Inc. (the "Lender"), whereby $500,000 principal amount was advanced to the Company (the "Advance"). Maturing up to six months from closing, the Advance carried an interest rate of 12% per annum.
Furthermore, the Exchange approved the issuance of 1,000,000 bonus warrants to the Lender, each exercisable into one common share at a minimum price of $0.15 per share for a period of one year from issuance.
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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