TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, Feb. 21, 2019 /CNW/ -
TSX VENTURE COMPANIES
BLACK DRAGON GOLD CORP. ("BDG")
BULLETIN TYPE: Delist
BULLETIN DATE: February 21, 2019
TSX Venture Tier 2 Company
Effective at the close of business February 28, 2019, the common shares will be delisted from TSX Venture Exchange at the request of the Company.
The Company will continue to trade on the Australian Securities Exchange.
________________________________________
PRIZE MINING CORPORATION ("PRZ")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: February 21, 2019
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated January 8, 2019, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission dated January 7, 2019 has been revoked and the Cease Trade Order issued by the Alberta Securities Commission dated January 14, 2019 has expired.
Effective at the opening, Monday, February 25, 2019, trading will be reinstated in the securities of the Company.
_________________________________
SAGE GOLD INC. ("SGX.H")
[formerly Sage Gold Inc. ("SGX")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: February 21, 2019
TSX Venture Tier 2 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, February 25, 2019, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Toronto to NEX.
As of February 25, 2019, 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 SGX to SGX.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.
Further to the TSX Venture bulletin issued September 6, 2018, trading in the shares of the Company will remain suspended.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
_______________________________________
SKYCHAIN TECHNOLOGIES INC. ("SCT")
BULLETIN TYPE: Consolidation
BULLETIN DATE: February 21, 2019
TSX Venture Tier 2 Company
Pursuant to a directors' resolution passed January 31, 2019, the Company has consolidated its capital on a five (5) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening Monday, February 25, 2019, the shares of Skychain Technologies Inc. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Technology' company.
Post - Consolidation |
||
Capitalization: |
unlimited |
shares with no par value of which |
6,390,205 |
shares are issued and outstanding |
|
Escrow |
1,877,992 |
shares are subject to escrow |
Transfer Agent: |
Computershare Trust Company of Canada |
|
Trading Symbol: |
SCT |
(UNCHANGED) |
CUSIP Number: |
83084Q 20 6 |
(new) |
________________________________________
VIRIDIUM PACIFIC GROUP LTD. ("VIR")
BULLETIN TYPE: Company Tier Reclassification
BULLETIN DATE: February 21, 2019
TSX Venture Tier 2 Company
In accordance with Policy 2.5, the Company has met the requirements for a Tier 1 company. Therefore, effective at market open, Monday, February 25, 2019, the Company's Tier classification will change from Tier 2 to:
Classification
Tier 1 – Life Sciences Issuer
________________________________________
WOLVERINE ENERGY AND INFRASTRUCTURE INC. ("WEII")
[formerly PetroMaroc Corporation ("PMA")]
BULLETIN TYPE: Change of Business, Resume Trading
BULLETIN DATE: February 21, 2019
TSX Venture Tier 2 Company
The common shares of the Company have been halted from trading since June 4, 2018, pending completion of a Change of Business ("COB").
Resume Trading
Effective at the opening, Monday, February 25, 2019, the common shares of Wolverine Energy and Infrastructure Inc. will commence trading on TSX Venture Exchange under the new symbol "WEII", and the common shares of PetroMaroc Corporation will be delisted.
Change of Business
TSX Venture Exchange has accepted for filing the Company's Change of Business ('COB'), which includes the following transactions:
The COB involves the arm's length acquisition via plan of arrangement (the 'Arrangement') of the Company by Wolverine Energy and Infrastructure Inc., a private issuer. Pursuant to the Arrangement, Wolverine acquired all of the Company's 8,249,998 shares (post-exchange ratio) on the basis of 0.052942 shares of Wolverine for each 1 share of the Company at a deemed price of $1.00 per share. Post-transaction, the Company will be a wholly-owned subsidiary of Wolverine.
52,889,636 common shares issued to Principals pursuant to the COB will be subject to a Tier 2 Surplus Security Escrow Agreement to be released over a 36-month period. In accordance with the Exchange's Seed Share Resale Restrictions, 1,022,000 common shares issued to Non-Principals are legended in accordance with a Tier 2 Value Security Escrow Agreement release schedule to be released over a 36-month period.
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Jesse Douglas |
Y |
50,099,000 |
Rick Quigley |
Y |
2,646,000 |
Dennis A. Sharp |
Y |
144,636 |
For further information, please refer to the Company's Information Circular dated November 14, 2018, which is filed on SEDAR.
The Company is classified as a 'Support Activities for Mining and Oil & Gas Extraction' company.
Capitalization |
Unlimited shares with no par value of which |
||
82,997,998 shares are issued and outstanding |
|||
Escrowed: |
53,911,636 common shares |
||
Escrow Term: |
36 months |
||
Transfer Agent: |
Odyssey Trust Company |
||
Trading Symbol: |
WEII |
(new) |
|
CUSIP Number: |
977891 10 0 |
(new) |
|
Company Contact: |
Jesse Douglas |
||
President, Chief Executive Officer & Director |
|||
Company Address: |
1711 – 9 Street |
||
Nisku, AB T9E 0R3 |
|||
Company Phone Number: |
(780) 435-3451 |
||
Company Email Address: |
____________________________________
19/02/21 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
ALTUS STRATEGIES PLC ("ALTS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 21, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Finder's Fee Agreement dated May 30, 2017 pursuant to which Christine Heidenberger will receive a finder's fee for the introduction of the Prikro licence located in the east of the Republic of Ivory Coast. In consideration, 116,973 shares will be issued with a deemed value of £3,509.
________________________________________
CASTLE PEAK MINING LTD. ("CAP")
BULLETIN TYPE: Halt
BULLETIN DATE: February 21, 2019
TSX Venture Tier 2 Company
Effective at 6.26 a.m. PST, February 21, 2019, trading in the shares of the Company was halted 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.
________________________________________
FANCAMP EXPLORATION LTD. ("FNC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 21, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Agreement dated January 14, 2019 between Fancamp Exploration Ltd. (the "Company") and Skead Holdings Ltd. (the "Vendor") whereby the Company will acquire claims adjacent to the Company's Cunningham property located southwest of Timmins, Ontario. Consideration is 200,000 common shares and $15,000 cash. The Vendor will retain a Net Smelter Return Royalty ("NSR") of 2% of which the Company may repurchase 1% of the NSR for $1,000,000.
For more information, refer to the news release dated January 25, 2019.
________________________________________
KNEAT.COM INC. ("KSI")
BULLETIN TYPE: Private Placement- Non-Brokered
BULLETIN DATE: February 21, 2019
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on February 13, 2019, February 07, 2019 and February 06, 2019:
Number of Shares: |
2,074,437 common shares |
Purchase Price: |
$1.05 per share |
Number of Placees: |
19 Placees |
Finder's Fee: |
Aggregate of $130,689.52 in cash and 124,466 finders warrants payable to Numus Capital Corp. Each finder warrant entitles the holder to acquire one common share at $1.05 for a 24 month period. |
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.
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 and setting out the expiry dates of the hold period(s).
________________________________________
MAS GOLD CORP. ("MAS")
BULLETIN TYPE: Halt
BULLETIN DATE: February 21, 2019
TSX Venture Tier 2 Company
Effective at 5.00 a.m. PST, February 21, 2019, 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.
________________________________________
NORRA METALS CORP. ("NORA")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement; Private Placement-Non-Brokered
BULLETIN DATE: February 21, 2019
TSX Venture Tier 2 Company
Acquisition
TSX Venture Exchange (the "Exchange") has accepted for filing a purchase and sale agreement dated December 12, 2018 the "Agreement") between the Company and subsidiaries of EMX Royalty Corporation collectively, the 'Vendors'). Pursuant to the terms of the Agreement, the Company may acquire various mineral exploration licenses in licenses in Norway and Sweden comprising the Bleikvassli Project, the Meraker Project, the Sagvoll Project and the Bastutrask Project (collectively the "Projects"). Consideration for the Transaction is 3,588,430 shares initially, which represent a 9.9% ownership in the Company. If the Company cannot meet certain performance milestones, then additional consideration shares will be issuable to the Vendors, potentially increasing their ownership right to 14.9%. The Exchange has imposed a floor price of $0.05 for the potential issuance of future shares, and set a maximum numbers of shares that may be issuable in the future: 13,398,958 shares in total shares issuable to the Vendor for the ownership right of 9.9%, and 21,350,956 shares in total shares issuable to the Vendor for the ownership right of 14.9%. The Projects are subject to a 3% NSR in favour of the Vendor, with annual advance royalty payments required. The Company can buy-back up to 1% of the royalties subject to certain conditions.
There is no finder's fee payable and it is an arm's length transaction.
Please refer to the Company's news releases dated December 13, 2018, February 8, 2019 and February 15, 2019 for further details.
Non-Brokered Private Placement
The Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 13, 2018 and December 14, 2018:
Number of Shares: |
12,326,667 shares |
Purchase Price: |
$0.06 per share |
Warrants: |
6,163,334 share purchase warrants to purchase 6,163,334 shares |
Warrant Exercise Price: |
$0.10 for a two year period |
Number of Placees: |
30 Placees |
Insider / Pro Group Participation: |
|||
Insider=Y / |
|||
Name |
ProGroup=P |
# of Shares |
|
Cyrus Driver |
Y |
300,000 |
|
George Cavey |
Y |
416,667 |
|
Aggregate Pro Group Involvement |
P |
1,908,334 |
|
[4 places] |
|||
Finder's Fee: |
Haywood Securities Inc. $9,800 cash payable. |
||
Michel Cornis $8,820 cash payable. |
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.]
________________________________________
PISTOL BAY MINING INC. ("PST")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: February 21, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a letter dated February 8, 2019 whereby the terms of an Option Agreement dated October 21, 2016 between Pistol Bay Mining Inc. (the Company) and Aurcrest Gold Inc. (the Vendor) have been amended as follows: "$50,000 payable on or before the second anniversary of Closing" has been amended to "$10,000 payable by February 22, 2019 and $15,000 payable in cash or common shares of the Corporation, by August 1, 2019." Consideration is 500,000 common shares.
________________________________________
PLATEAU ENERGY METALS INC. ("PLU")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: February 21, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 633,333 common shares at a deemed price of $0.75 per share to certain insiders and employees of the Company as a bonus payment.
Insiders |
Number of Shares |
Terrence O'Connor |
133,333 |
Laurence Stefan |
266,667 |
Philips Gibbs |
100,000 |
Please refer to the Company's news release of January 11, 2019 for further details.
________________________________________
PURE ENERGY MINERALS LIMITED ("PE")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: February 21, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 19, 2019:
Convertible Debenture |
US$400,000 |
Conversion Price: |
Convertible into common shares at CDN$0.10 of principal outstanding. |
Maturity date: |
One year from date of issuance. |
Interest rate: |
Prime plus 10% per annum, calculated daily, compounded monthly. |
Number of Placees: |
1 placee |
Finder's Fee: |
Howard L. Margulis receives US$24,000. |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period on February 19, 2019. The Company must also issue a news release if the private placement does not close promptly.
________________________________________
PURE ENERGY MINERALS LIMITED ("PE")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: February 21, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 420,481 shares to settle outstanding debt for US$41,118.29.
Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
TRIFECTA GOLD LTD. ("TG")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: February 21, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 200,000 shares at a deemed price of $0.06 per share to settle outstanding debt for $12,000.
Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
UCORE RARE METALS INC. ("UCU")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 21, 2019
TSX Venture Tier 2 Company
Effective at 12.00 p.m. PST, February 21, 2019, shares of the Company resumed trading, an announcement having been made.
________________________________________
VISIBLE GOLD MINES INC. ("VGD")
BULLETIN TYPE: Property-Asset or Share Purchase
BULLETIN DATE: February 21, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation by Visible Gold Mines Inc. (the
"Company") relating to the Company's arm's length acquisition of 40% undivided ownership of the 148 mining claims of the Cadillac East Project, in consideration 750,000 common shares at a deemed price of $0.06 per share. Following the transaction, the Company owns 100% interest into the Cadillac East Project.
The vendor has retained a 1.50% NSR royalty in connection with the Cadillac East Project.
For further details, please refer to the Company's press release dated January 31, 2019.
LES MINES D'OR VISIBLE INC. (" VGD ")
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 21 février 2019
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation par Les Mines d'Or Visible Inc. (la « Société ») relativement à l'acquisition sans lien de dépendance de 40% de participation indivise dans les 148 claims miniers du Projet Cadillac Est, en contrepartie de 750 000 actions à un prix réputé de 0,06 $. Suite à cette transaction, la Société possède 100 % des intérêts dans le Projet Cadillac Est.
Le vendeur a conservé une redevance de 1,50 % NSR relativement au Projet Cadillac Est.
Pour plus d'information, veuillez-vous référer au communiqué de presse émis par la Société le 31 janvier 2019.
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WESTHAVEN VENTURES INC. ("WHN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 21, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 11, 2019:
Number of Shares: |
2,207,639 flow-through-shares |
Purchase Price: |
$1.1325 per share |
Number of Placees: |
8 Placees |
Insider / Pro Group Participation: |
|||
Insider=Y / |
|||
Name |
ProGroup=P |
# of Shares |
|
Thomas Seltzer |
P |
133,334 |
|
Aggregate Pro Group Involvement |
|||
1 placee |
For more information please defer to the Company news release dated February 11, 2019
________________________________________
NEX COMPANIES
SEAWAY ENERGY SERVICES INC. ("SEW.H")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: February 21, 2019
NEX Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated February 15, 2019, 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.
________________________________________
SIERRA MADRE DEVELOPMENTS INC. ("SMG.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 21, 2019
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 22, 2018:
Number of Shares: |
5,400,000 post-consolidated shares |
Purchase Price: |
$0.05 per share (on post-consolidated basis) |
Warrants: |
None |
Number of Placees: |
5 Placees |
Insider / Pro Group Participation: |
|||
Insider=Y / |
|||
Name |
ProGroup=P |
# of Shares |
|
Carl von Einsiedel |
Y |
1,100,000 |
|
Finder's Fee: |
None |
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.
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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