TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, July 16, 2020 /CNW/ - TSX VENTURE COMPANIES
VITREOUS GLASS INC. ("VCI")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: July 16, 2020
TSX Venture Tier 2 Company
The Issuer has declared the following dividend(s):
Dividend per common share: |
$0.15 |
Payable Date: |
August 14, 2020 |
Record Date: |
July 31, 2020 |
Ex-dividend Date: |
July 30, 2020 |
________________________________________
20/07/16 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
ABEN RESOURCES LTD. ("ABN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 16, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Jul 10, 2020:
Flow-Through Shares: |
|
Number of FT Shares: |
4,231,667 flow through shares |
Purchase Price: |
$0.12 per flow through share |
Warrants: |
2,115,833 share purchase warrants to purchase 2,115,833 shares |
Warrant Initial Exercise Price: |
$0.15 |
Warrant Term to Expiry: |
2 Years |
Non Flow-Through Shares: |
|
Number of Non-FT Shares: |
5,385,000 non flow through shares |
Purchase Price: |
$0.10 per non flow through share |
Warrants: |
5,385,000 share purchase warrants to purchase 5,385,000 shares |
Warrant Initial Exercise Price: |
$0.15 |
Warrant Term to Expiry: |
2 Years |
Number of Placees: |
29 Placees |
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
Tim Termuende |
Y |
50,000 |
Toklat Resources Corp. |
Y |
50,000 |
(Tim Termuende) |
||
Jim Pettit |
Y |
100,000 |
Aggregate Pro-Group Involvement [4 Placees] |
P |
801,667 |
Finder's Fee: |
|
Redplug Inc. |
$40,600.00 cash; 392,000 warrants |
Canaccord Genuity Corp. |
$15,456.00 cash; 128,800 warrants |
Finder Warrant Initial Exercise Price: |
$0.15 |
Finder Warrant Term to Expiry: |
exercisable into common shares, valid for 2 years |
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.
________________________________________
ABRAPLATA RESOURCE CORP. ("ABRA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 16, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 23, 2020:
Number of Shares: |
43,478,261 shares |
Purchase Price: |
$0.115 per share |
Warrants: |
43,478,261 share purchase warrants to purchase 43,478,261 shares |
Warrant Exercise Price: |
$0.17 for a two-year period |
Number of Placees: |
60 Placees |
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
RF Securities Clearing LP ITF (Eric Sprott) |
Y |
26,000,000 |
John Miniotis |
Y |
404,347 |
Sam Yee Cheng Leung |
Y |
391,304 |
Flora Emily MacKay Wood |
Y |
86,957 |
Katherine Miniotis |
Y |
86,957 |
Aggregate Pro Group Involvement |
P |
1,024,500 |
[8 Placee(s)] |
||
Finder's Fee: |
$7,500.75 payable to Haywood Securities Inc. |
$3,691.50 payable to Canaccord Genuity Corp. |
2,086,800 broker warrants exercisable at $0.15 for a period of 2 years payable to Clarus Securities Inc. |
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company has issued a news release announcing the closing of the private placement on July 9, 2020, and setting out the expiry dates of the hold period(s).
________________________________________
AMERICAN LITHIUM CORP. ("LI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 16, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Royalty Buyback Agreement dated July 9, 2020 between the Company and Nevada Alaska Mining Co., Inc. (Robert Craig), the "Vendor", whereby the Company will acquire a portion of the existing gross overriding royalty that the Company has the rights to the TLC Project located in Nye County, Nevada. The Vendor retained a 2.5% gross overriding royalty on commercial production from the Property of which the Company purchased 1.5% in consideration of US$150,000 and 843,750 common shares.
________________________________________
AURA RESOURCES INC. ("AUU")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: July 16, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,791,667 common shares to settle outstanding debt for $107,500.
Number of Creditors: |
2 Creditors |
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Robert Johansing |
Y |
833,333 |
John McNeice |
Y |
958,334 |
The Company shall issue a news release when the shares are issued and the debt extinguished. For further information, please refer to the Company's press release dated July 6, 2020.
________________________________________
FABLED COPPER CORP. ("FCO")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: July 16, 2020
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated July 14, 2020, trading in the shares of the Company will remain halted Pending Receipt and review of acceptable documentation regarding the Fundamental Acquisition pursuant to Section 5.6(d) of Exchange Policy 5.3.
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.
________________________________________
FIELDEX EXPLORATION INC. ("FLX")
BULLETIN TYPE: Halt
BULLETIN DATE: July 16, 2020
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, July 16, 2020, 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.
________________________________________
FIELDEX EXPLORATION INC. ("FLX")
BULLETIN TYPE: Remain
BULLETIN DATE: July 16, 2020
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated July 16, 2020, trading in the shares of the Company will remain halted Pending Receipt and review of acceptable documentation regarding the Fundamental Acquisition pursuant to Section 5.6(d) of Exchange Policy 5.3.
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.
________________________________________
FLYHT AEROSPACE SOLUTIONS LTD. ("FLY")
BULLETIN TYPE: Warrant Term Extension, Warrant Price Amendment
BULLETIN DATE: July 16, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the reduction in the exercise price and term extension of the following Warrants:
Private Placement:
# of Warrants: |
761,508 |
Original Expiry Date of Warrants: |
July 24, 2020 |
New Expiry Date of Warrants: |
December 24, 2020 |
New Forced Exercise Provision: |
If the closing price for the Company's shares is $0.72 or greater for a period of 10 consecutive trading days, then the warrant holders will have 30 days to exercise their warrants; otherwise the warrants will expire on the 31st day. |
Original Exercise Price of Warrants: |
$1.45 |
New Exercise Price of Warrants: |
$0.60 |
These warrants were issued pursuant to a private placement of $2,000,000 in principal amount of convertible debentures with 769,200 share purchase warrants attached, which was accepted for filing by the Exchange effective August 10, 2018.
________________________________________
FUSE COBALT INC. ("FUSE")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: July 16, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 200,000 common shares in consideration of a finder's fee owed to Ron Loewen in connection with finder's fee agreement for locating and acquiring the Teels Marsh West Project.
Please refer to the Company's news release dated July 8, 2020 for further details.
________________________________________
GOLD X MINING CORP. ("GLDX")
BULLETIN TYPE: Halt
BULLETIN DATE: July 16, 2020
TSX Venture Tier 1 Company
Effective at 5:20 a.m. PST, July 16, 2020, 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.
________________________________________
GOLD X MINING CORP. ("GLDX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 16, 2020
TSX Venture Tier 2 Company
Effective at 9:15 a.m. PST, July 16, 2020, shares of the Company resumed trading, an announcement having been made.
________________________________________
HTC PURENERGY INC. ("HTC")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 16, 2020
TSX Venture Tier 1 Company
Effective at 12:00 p.m. PST, July 15, 2020, shares of the Company resumed trading, an announcement having been made.
________________________________________
LABRADOR TECHNOLOGIES INC. ("LTX")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debentures
BULLETIN DATE: July 16, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 29, 2020:
Convertible Debenture: |
$150,000 |
Conversion Price: |
Convertible into 1 common share at $0.10 and 1 common share purchase warrant at $0.10 exercisable for 12 months from the closing of the private placement. |
Maturity date: |
July 14, 2021 |
Warrants: |
Each warrant will have a term of 1 year and entitle the holder to purchase one common share. The warrants are exercisable at the price of $0.10. |
Interest rate: |
5% |
Number of Placees: |
1 Placee |
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.
________________________________________
MOUNTAIN BOY MINERALS LTD. ("MTB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 16, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 15, 2020:
Flow-Through Shares: |
|
Number of FT Shares: |
4,166,669 flow through shares |
Purchase Price: |
$0.30 per flow through share |
Non Flow-Through Shares: |
|
Number of Non-FT Shares: |
8,000,000 non flow through shares |
Purchase Price: |
$0.25 per non flow through share |
Warrants: |
4,000,000 share purchase warrants to purchase 4,000,000 shares |
Warrant Initial Exercise Price: |
$0.40 |
Warrant Term to Expiry: |
2 Years |
Number of Placees: |
68 Placees |
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
Rene Bernard |
Y |
484,000 |
Lawrence Roulston |
Y |
60,000 |
Pacific Opportunity Capital Ltd. |
Y |
66,000 |
(Mark T. Brown) |
||
Lucia Theny |
Y |
20,000 |
Bernard H. Whiting |
Y |
30,000 |
Mark T. Brown |
Y |
34,703 |
Aggregate Pro-Group Involvement [5 Placees] |
P |
540,000 |
Finder's Fee: |
|
National Bank Financial ITF Kernaghan & Partners Ltd. |
$2,400.00 cash; 9,600 warrants |
Echelon Wealth Partners Inc. |
$5,940.00 cash |
Mackie Research Capital |
$5,760.00 cash; 7,200 warrants |
Haywood Securities Inc. |
$3,360.00 cash; 12,000 warrants |
PI Financial Corp. |
$5,610.00 cash; 3,000 warrants |
Canaccord Genuity Corp. |
$10,620.00 cash; 42,480 warrants |
Redplug Inc. |
$14,310.00 cash |
Qwest Investment Fund Managem |
$15,000.00 cash |
Finder Warrant Initial Exercise Price: |
$0.25 |
Finder Warrant Term to Expiry: |
1 year |
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.
________________________________________
NEUTRISCI INTERNATIONAL INC. ("NU")
BULLETIN TYPE: Halt
BULLETIN DATE: July 16, 2020
TSX Venture Tier 2 Company
Effective at 7:04 a.m. PST, July 16, 2020, 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.
________________________________________
NEUTRISCI INTERNATIONAL INC. ("NU")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 16, 2020
TSX Venture Tier 2 Company
Effective at 11:30 a.m. PST, July 16, 2020 , shares of the Company resumed trading, an announcement having been made.
________________________________________
PERSHIMEX RESOURCES CORPORATION ("PRO")
BULLETIN TYPE: Non-Brokered Private Placement
BULLETIN DATE: July 16, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement:
Number of Securities: |
7,142,857 flow-through common shares |
Purchase Price: |
$0.07 per flow-through common share |
Number of Placees: |
24 Placees |
Insider / ProGroup Participation: |
||
Name |
Insider = Y / ProGroup = P |
# of shares |
Jacques Levesque |
Y |
3,571 |
Finder's Fee: |
Three finders received a cash commission totaling $6,000 and 342,643 common share purchase warrants to acquire 342,643 common shares of the Company at a price of $0.07 per common share until November 3, 2020. |
The Company has confirmed the closing of the Private Placement in news releases dated June 25, 2020 and July 2, 2020.
RESSOURCES PERSHIMEX CORPORATION (« PRO »)
TYPE DE BULLETIN: Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN: Le 16 juillet 2020
Société du groupe 2 de TSX Croissance
Bourse de Croissance TSX a accepté le dépôt de la documentation de la société en vertu d'un placement privé sans l'entremise d'un courtier:
Nombre d'actions: |
7 142 857 actions accréditives ordinaires |
Prix : |
0,07 $ par action accréditive ordinaire |
Nombre de souscripteurs: |
24 souscripteurs |
Participation d'initiés / Groupe Pro: |
||
Nom |
Initié = Y / Groupe Pro = P |
# d'actions |
Jacques Levesque |
Y |
3 571 |
Honoraire d'intermédiation: |
Trois intermédiaires ont reçu une commission en espèces totalisant 6 000 $ et 342 643 bons de souscription permettant d'acquérir 342 643 actions ordinaires de la société à un prix de 0,07 $ par action ordinaire jusqu'au 3 novembre 2020. |
La société a confirmé la clôture du placement privé dans des communiqués de presse daté du 25 juin 2020 et 2 juillet 2020.
________________________________________
PROBE METALS INC ("PRB")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 16, 2020
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the documentation relating to an option agreement (the "Option Agreement") dated July 9, 2020, between Probe Metals Inc. (the "Company") and Midland Exploration Inc. (the "Vendor"), an arm's length party to the issuer, in connection with the option to acquire up to 65% interest in the La Peltrie gold property (the "Property") located in Massicotte, Enjalran, La Peltrie, Carheil, Lanouillier, Brouillan, Puiseaux, Gaudet and Orvilliers townships in the province of Quebec. The Property is comprised of 435 claims representing 240 square kilometers.
Pursuant to the Option Agreement, the Company shall incur aggregate expenditures of at least $3,500,000 on or before July 31, 2024 in order to acquire 50% interest in the Property. In addition, the Company shall make cash payments or share payments to the Vendor in the aggregate amount of $400,000 on or before July 31, 2024 in order to acquire 50% interest in the Property, of which $50,000 have already been paid through the issuance of 37,879 common shares of the Company at a price of $1.32 per common share.
Upon acquisition of 50% interest in the Property, the Company may, at its sole discretion, increase its undivided interest in the Property to 65% by incurring additional expenditures and/or cash payments, at the sole election of the Company, of $5,000,000 within a period of 24 months from the date of the acquisition of the 50% interest in the Property.
After earning an interest in the Property, the Company and the Vendor shall form a joint venture and if a party dilutes to a 10% or lower interest in the Property, the diluting party's interest shall be exchanged for a 2% net smelter returns royalty.
For further information, please refer to the Company's press release dated July 9, 2020.
__________________________________
ROYALTY NORTH PARTNERS LTD. ("RNP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 16, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 26, 2020 and June 29, 2020:
Number of Shares: |
2,289,140 shares |
Purchase Price: |
$0.25 per share |
Warrants: |
1,144,570 share purchase warrants to purchase 1,144,570 shares |
Warrant Exercise Price: |
$0.35 for a five year period |
Number of Placees: |
13 Placees |
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Nolan Watson |
Y |
224,000 |
Justin Currie |
Y |
200,000 |
Greg Smith |
Y |
120,000 |
Aggregate Pro Group Involvement |
P |
80,000 |
[1 Placee] |
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), 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.
________________________________________
SANATANA RESOURCES INC. ("STA")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 16, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Option Agreement dated July 6, 2020 between Sanatana Resources Inc. (the Company) and South Shore Partnership Inc. (the Vendor) whereby the Company may acquire a 100% interest in the Gold Rush North and Gold Rush South properties located near Timmins, ON. Consideration is $300,000 cash, 2,100,000 common shares, up to $250,000 in common shares to be issued at a deemed value of no less than $0.09 over 3 years, and $250,000 in work commitments in the first year. The Vendor retains a 0.5% NSR. An underlying 2% NSR is also payable, but may be reduced to 1% by payment of $1,000,000.
Finder's fees of 200,000 common shares and 200,000 warrants are payable to Tom Poupore. Each warrant is exercisable into one common share at $0.20 for 2 years.
________________________________________
SILVER GRAIL RESOURCES LTD. ("SVG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 16, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 2, 2020:
Number of Shares: |
4,000,000 shares |
Purchase Price: |
$0.10 per share |
Warrants: |
2,000,000 share purchase warrants to purchase 2,000,000 shares |
Warrant Exercise Price: |
$0.15 for a one-year period, subject to an acceleration clause. |
Number of Placees: |
15 Placees |
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Aviterra Consulting Inc. (Barry Holmes) |
Y |
100,000 |
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), 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.]
________________________________________
SILVER ONE RESOURCES INC. ("SVE")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: July 16, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced July 8, 2020 and July 13, 2020:
Number of Shares: |
21,111,111 shares |
Purchase Price: |
$0.45 per share |
Warrants: |
10,555,556 share purchase warrants to purchase 10,555,556 shares |
Warrant Exercise Price: |
$0.65 for a three year period |
Number of Placees: |
48 Placees |
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
2176423 Ontario Ltd. (Eric Sprott) |
Y |
11,111,111 |
Agent's Fee: |
Haywood Securities Inc. $20,333.28 cash and 20,333 warrants payable. |
Canaccord Genuity Corp. $35,397 cash and 78,660 warrants payable. |
|
Leede Jones Gable $12,000 cash and 26,667 warrants payable. |
|
-Each warrant is exercisable into one common share at $0.65 for two years from closing. |
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.]
________________________________________
SOUTHSTONE MINERALS LIMITED ("SML")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: July 16, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 604,220 shares at a deemed price of $0.05 per share to settle outstanding debt for $30,211.
Number of Creditors: |
2 Creditors |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
TAJIRI RESOURCES CORP. ("TAJ")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 16, 2020
TSX Venture Tier 2 Company
Effective at 11:00 a.m. PST, July 16, 2020, shares of the Company resumed trading, an announcement having been made.
________________________________________
TRISTAR GOLD INC. ("TSG")
BULLETIN TYPE: Prospectus-Unit Offering
BULLETIN DATE: July 16, 2020May 11, 2001
TSX Venture Tier 2 Company
Effective July 7, 2020, the Company's Short Form Prospectus (the "Prospectus") dated July 6, 2020 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the British Columbia and Ontario Securities Commissions, pursuant to the provisions of the British Columbia and Ontario Securities Acts.
The Prospectus was filed under Multilateral Instrument 11-102 Passport System in Alberta and Nova Scotia. A receipt for the Prospectus is deemed to be issued by the regulator in each of these jurisdictions, if the conditions of the Instrument have been satisfied.
TSX Venture Exchange has been advised that closing of the prospectus offering (the "Offering") occurred on July 14, 2020, for gross proceeds of $9,211,500. The over-allotment option was exercised in full.
Please refer to the news releases issued by the Company on June 22, 2020 and July 14, 2020.
Underwriter's |
Cormark Securities Inc., Red Cloud Securities Inc. and Canaccord Genuity Corp. |
Offering: |
30,705,000 units. Each unit consisting of one share and one-half a warrant. |
Unit Price: |
$0.30 per unit |
Warrant Exercise Price/Term: |
$0.40 per share for 24 months from date of closing of Offering. |
Underwriter's Commission: |
$492,690 |
________________________________________
VANSTAR MINING RESOURCES INC. ("VSR")
BULLETIN TYPE: Non-Brokered Private Placement
BULLETIN DATE: July 16, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement:
Number of Securities: |
648,000 flow-through common shares |
Purchase Price: |
$1.70 per flow-through common share |
Number of Placees: |
1 Placee |
Insider / ProGroup Participation: |
None |
Finder's Fee: |
A finder received a cash commission of $66,096. |
The Company has confirmed the closing of the Private Placement in a news release dated June 11, 2020.
RESSOURCES MINIÈRES VANSTAR INC. («VSR»)
TYPE DE BULLETIN: Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN: Le 16 juillet 2020
Société du groupe 2 de TSX Croissance
Bourse de Croissance TSX a accepté le dépôt de la documentation de la société en vertu d'un placement privé sans l'entremise d'un courtier:
Nombre d'actions: |
648 000 actions accréditives ordinaires |
Prix : |
1,70 $ par action accréditive ordinaire |
Nombre de souscripteurs: |
1 souscripteur |
Participation d'initiés / Groupe Pro: |
Aucune |
Honoraire d'intermédiation: |
Un intermédiaire a reçu une commission de 66 096 $ en espèces. |
La société a confirmé la clôture du placement privé dans un communiqué de presse daté du 11 juin 2020.
________________________________________
NEX COMPANIES
WESTERN TROY CAPITAL RESOURCES INC. ("WRY.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 16, 2020
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on June 01, 2020, June 05, 2020 and June 17, 2020:
Number of Special Warrants: |
25,000,000 Special Warrants. Each Special Warrant is convertible into one Unit of the Company without payment of any additional consideration upon satisfaction of certain conversion conditions. |
Each Unit will consist of one common share and one common share purchase warrant. Each common share purchase warrant is exercisable into one common share at CDN$0.15 for a twelve (12) month period. In the event the conversion conditions are not satisfied on the date that is six (6) months after the closing date, the Special Warrants shall be redeemed at the Purchase Price for the Special Warrants. |
|
Purchase Price: |
CDN$0.02 per Special Warrant |
Warrant Exercise Price: |
CDN$0.15 for a twelve (12) month period |
Number of Placees: |
17 Placees |
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Special Warrants |
Rex Loesby |
Y |
200,000 |
1063956 Ontario Inc. (Ed Milewski) |
Y |
200,000 |
834699 Ontario Inc. (Steven Dunn) |
Y |
1,200,000 |
1282803 Ontario Inc. (James Fairbairn) |
Y |
200,000 |
Agent's Fee: |
Upon conversion of the Special Warrants, the Company will pay a cash commission of CDN$3,180.00 to StephenAvenue Securities Inc. |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued news releases announcing the closings 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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