TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, BC, July 28, 2020 /CNW/ -
TSX VENTURE COMPANIES
SANIBEL VENTURES CORP. ("SBEL.P")
BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction within 24 months of Listing
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
Further to Exchange bulletins dated July 2, 2020 and July 28, 2020, effective at the open, Thursday, July 30, 2020, trading in the shares of the Company will be suspended, the Company having failed to complete a Qualifying Transaction within 24 months of its listing.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
________________________________________
NEX COMPANY:
ELEMENTAL ROYALTIES CORP. ("ELE")
[formerly Elemental Royalties Corp. ("ELE.H")]
BULLETIN TYPE: Reverse Takeover-Completed, Graduation from NEX to TSX Venture, Symbol Change, Private Placement-Non-Brokered, ResumeTrading
BULLETIN DATE: July 28, 2020
NEX Company
Further to the TSX Venture Exchange Inc.'s (the "Exchange") bulletin dated July 23, 2020, the Exchange has accepted for filing Elemental Royalties Corp.'s ("Elemental") (formerly Fengro Industries Corp. "Fengro") Reverse Takeover (the "RTO") and related transactions, all as principally described in Fengro's filing statement dated July 15, 2020 (the "Filing Statement"). The RTO includes the following matters, all of which have been accepted by the Exchange.
1. Acquisition of Elemental Royalties Limited ("Elemental Limited")
On April 27, 2020, Fengro and Elemental Limited entered into a business combination agreement pursuant to which, on July 28, 20202, Fengro acquired all of the issued and outstanding shares of Elemental Limited in consideration of the issuance of 22,664,788 post-consolidated common shares of Fengro.
Prior to completion of the RTO, 1249739 B.C. Ltd. ("ERL Finco"), a wholly-owned subsidiary of Elemental Limited completed a non-brokered private placement of 17,713,615 subscription receipts issued at $1.30 per subscription receipt for aggregate gross proceeds of $23,027,699.50 with each such subscription receipt entitling the holder thereof to receive one (1) share in the resulting issuer in exchange for each subscription receipt held. Upon closing of the RTO and the subsequent conversion of the subscription receipts an additional 17,713,615 post-consolidated common shares of the resulting issuer (formerly Fengro) were issued. Concurrently with the ERL Finco subscription receipt offering, Fengro completed a subscription receipt financing on substantially equivalent terms issuing 724,100 subscription receipts at $1.30 per subscription receipt (see 'Private Placement-Non-Brokered' below), with each Fengro subscription receipt being converted following closing of the RTO into 724,100 post-consolidated common shares of the resulting issuer.
An aggregate of 40,378,403 resulting issuer shares were issued in connection with the exchange of Elemental shares, and upon conversion of the subscription receipts of Fengro and ERL Finco.
Elemental Limited's core business is the acquisition of royalties over mining projects. Elemental Limited currently has six royalty interests, five on producing mines, and one development asset at the pre-feasibility study stage. Elemental Limited's principal royalty interests include:
1% NSR over Teranga Gold Corporation's Wahgnion gold project in Burkina Faso;
2.25% NSR over Austral Gold Limited's Amancaya gold project in Chile; and
1% NSR over Premier Gold Mines Limited's Mercedes gold-silver mine in Mexico.
Elemental Limited also holds royalty interests in:
0.25% GRR over Base Resources Ltd.'s Kwale mineral sands project in Kenya;
AUS$10/oz or 5% NPI over Zijin Mining Group's Mt Pleasant Gold mine in Western Australia; and
0.5% NSR over Panoramic Resources Ltd.'s Panton Sill project (development stage) in Western Australia.
For further information, see the Filing Statement, which is available under Elemental's profile on SEDAR.
2. Graduation from NEX to TSX Venture
Elemental has met the requirements to be listed as a TSX Venture Tier 1 Company. Therefore, effective at the opening on Thursday, July 30, 2020, Elemental's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 1 and the Filing and Service Office will change from NEX to Vancouver.
3. Symbol Change
Effective at the opening on Thursday, July 30, 2020, the trading symbol for Elemental Royalties Corp. will change from ('ELE.H') to ('ELE'). There is no change in the company's name, no change in its CUSIP number and no consolidation of capital. The Company is classified as an 'Investment' company.
Capitalization: |
Unlimited |
common shares with no par value of which |
46,865,060 |
common shares are issued and outstanding |
|
Escrow: |
8,883,608 |
shares and 2,760,109 Replacement Performance Rights |
4. Private Placement-Non-Brokered
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement of subscription receipts announced May 21, 2020:
Number of Shares: |
724,100 shares (on conversion of subscription receipts) |
Purchase Price: |
$1.30 per share |
Number of Placees: |
3 placees |
Insider / Pro Group Participation: |
Nil |
Agency Fee: |
$9,413.30 payable to Canaccord Genuity Corp. |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), Elemental must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
5. Resume Trading
Effective at the opening on Thursday, July 30, 2020 the common shares of Elemental will resume trading on the Exchange.
________________________________________
20/07/28 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
ALTO VENTURES LTD. ("ATV")
BULLETIN TYPE: Shares for Debt, Correction
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletin dated July 9, 2020 that was issued in connection with the issuance of 250,000 common shares to settle outstanding debt in the amount of $31,875.00, the deemed price per share should have been $0.1275, not $0.1250.
Number of Creditors: |
1 Creditor |
Insider / Pro Group Participation: |
||||
Creditor |
Insider=Y / |
Amount |
Deemed Price |
# of Shares |
Marian (Mike) Koziol |
Y |
$31,875.00 |
$0.1275 |
250,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
APEX RESOURCES INC. ("APX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 8, 2020:
Number of Shares: |
5,769,231 shares |
|
Purchase Price: |
$0.065 per share |
|
Warrants: |
5,769,231 share purchase warrants to purchase 5,769,231 shares |
|
Warrant Exercise Price: |
$0.14 for a one-year period. The warrants are subject to an accelerated exercise |
|
Number of Placees: |
27 placees |
|
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
Istana Investments Ltd. (Arthur Troup) |
Y |
500,000 |
Finder's Fee: |
Leede Jones Gable Inc. - $1,144.00 and 17,700 Finder's Warrants that are |
|
PI Financial Corp. - $10,010.00 and 154,000 Finder's Warrants that are |
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release dated July 27, 2020 announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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.
________________________________________
ASSURE HOLDINGS CORP. ("IOM")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: July 28, 2020
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 50,000 shares at a price of US$0.81 per share to settle outstanding debt for US$40,500.00.
Number of Creditors: |
5 Creditors |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
AURA RESOURCES INC. ("AUU")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an amalgamation agreement dated June 03, 2020 (the "Agreement"), between Aura Resources Inc. (the "Company") and Territory Metals Corp. ("Territory"). Pursuant to the Agreement, the Company will acquire all of the issued and outstanding shares of Territory through a three-cornered amalgamation in accordance with the provisions of the Business Corporations Act (British Columbia).
Under the terms of the Agreement, each Territory shareholder will be entitled to receive 2 common shares of the Company for each common share of Territory held (the "Exchange Ratio"), which will result in the issuance of 26,581,400 common shares of the Company. Further, based on the Exchange ratio, the Company will issue 320,000 warrants to replace the outstanding warrants of Territory, with equivalent terms.
For further details, please refer to the Company's news releases dated June 04, 2020, July 02, 2020 and July 27, 2020.
_______________________________________
AURELIUS MINERALS INC. ("AUL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 28, 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: |
38,962,547 common shares |
|
45,130,000 flow-through shares |
||
Purchase Price: |
$0.05 per common share |
|
$0.055 per flow-through share |
||
Warrants: |
19,481,274 share purchase warrants to purchase 19,481274 shares (Common |
|
22,565,000 share purchase warrants to purchase 22,565,000 shares (Flow- |
||
Number of Placees: |
80 placees |
|
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
Mark N. J. Ashcroft |
Y |
500,000 f/t |
Germaine Coombs |
Y |
400,000 nf/t |
Amandip Singh |
Y |
80,000 nf/t |
Leede Jones Gable Inc. |
Y |
450,000 f/t |
Garrett Macdonald |
Y |
180,000 f/t |
One Above Three Below Advisory Inc. |
Y |
300,000 nf/t |
Bansco & Co. In Trust for CMP) 2020 |
Y |
14,363,367 f/t |
Fi8delity Clearing in trust for New Venture |
10,000,000 nf/t |
|
Jayvee & Co. ITF NI7F0038002 |
Y |
5,650,000 f/t |
Finder's Fee: |
Dundee Goodman Merchant Partners - $80,914.54 and 1,778,840 |
|
Sprott Capital Partners LP - $80,914.54 and 1,778,840 Compensation Warrants |
||
Laurentian Bank Securities - $40,457.27 and 889,420 Compensation Warrants |
||
Canaccord Genuity Corp. - $32,455.50 and 635,600 Compensation Warrants |
||
Haywood Securities Inc. - $11,795.00 |
||
Raymond James Ltd. - $13,998.60 and 254,520 Compensation Warrants that are exercisable into common shares at $0.07 per share for a two-year period. |
||
Leede Jones Gable Inc. - $17,202.50 |
||
Pollit & Co. Inc. - $11,025.00 and 231,000 Compensation Warrants that are |
||
Richardson GMP Limited - $2,100.00 |
||
PI Financial Corp. $350.35 |
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a closing news release dated July 17, 2020 announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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.
________________________________________
AURELIUS MINERALS INC. ("AUL")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 3,125,000 shares at $0.08 per share to settle outstanding debt for $250,000.00.
Number of Creditors: |
1 Creditor |
|||
Insider / Pro Group Participation: |
||||
Creditor |
Insider=Y / |
Amount |
Deemed Price |
# of Shares |
Sprott Capital Partners LP |
Y |
$250,000 |
$0.08 |
3,125,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
BRIGADIER GOLD LIMITED ("BRG")
BULLETIN TYPE: Correction
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated July 27, 2020, the Bulletin should have read as follows:
Warrant Exercise Price: |
$0.40 for a one year period |
________________________________________
CANDENTE GOLD CORP. ("CDG")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
Private Placement: |
|
# of Warrants: |
5,000,000 |
Original Expiry Date of Warrants: |
August 12, 2018 extended to August 12, 2020 |
New Expiry Date of Warrants: |
August 21, 2021 |
Exercise Price of Warrants: |
$0.10 |
These warrants were issued pursuant to a private placement of 10,000,000 shares with 5,000,000 share purchase warrants attached, which was accepted for filing by the Exchange effective November 30, 2016.
________________________________________
CUBICFARM SYSTEMS CORP. ("CUB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 28, 2020
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced 15 July 2020:
Number of Shares: |
1,659,600 shares |
|
Purchase Price: |
$0.70 per share |
|
Number of Placees: |
4 placees |
|
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
5 Booths Consulting Inc. (Jeffrey Booth) |
Y |
116,200 |
TCF Ventures Corp. (Tim Fernback) |
Y |
42,900 |
Rodrigo Santana Pinho |
Y |
71,500 |
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 23, 2020 and setting out the expiry dates of the hold period(s).
________________________________________
DAJIN LITHIUM CORP. ("DJI")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 8,400,000 shares at a deemed price of $0.03 per share to settle outstanding debt for $252,000.
Number of Creditors: |
6 Creditors |
|||
Insider / Pro Group Participation: |
||||
Creditor |
Insider=Y / |
Amount |
Deemed Price |
# of Shares |
Alder Investments Ltd. |
Y |
$162,000.00 |
$0.03 |
5,400,000 |
Dr. Mark Coolbaugh |
Y |
$8,100.00 |
$0.03 |
270,000 |
Tuya Tera Geo Corp. |
Y |
$16,200.00 |
$0.03 |
540,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
DURANGO RESOURCES INC. ("DGO")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Shares for Services agreement dated June 1, 2020 between the Company and AGORA Internet Relations Corp. for advertising services. Consideration is $60,000 plus HST that will be payable in common shares in five quarterly payments upon completion of the services provided.
TSX Venture Exchange has accepted for filing the Company's proposal to issue 12,000 shares at a deemed price of $0.08, in consideration of the first quarterly advertising services provided to the company pursuant to the agreement dated June 1, 2020.
The Company shall issue a news release when the shares are issued.
________________________________________
GALWAY METALS INC. ("GWM")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced June 3, 2020:
Number of Shares: |
17,877,300 flow-through shares and 13,636,400 common shares |
Purchase Price: |
$0.635 per flow-through share and $0.44 per common share |
Number of Placees: |
33 Placees |
Insider / Pro Group Participation: |
|
Name |
Insider=Y / ProGroup=P |
Number of Shares |
Aggregate Pro Group Involvement |
P |
1,441,890 |
Broker/Finder's Fee: |
Paradigm Capital Inc. and Laurentian Bank Securities Inc. received an |
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company has issued a news release on June 25, 2020 announcing the closing of the private placement and setting out the expiry dates of the hold period.
________________________________________
GOLDEN RIDGE RESOURCES LTD. ("GLDN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Jul 08, 2020:
Number of Shares: |
14,333,333 shares |
|
Purchase Price: |
$0.15 per share |
|
Warrants: |
7,166,667 share purchase warrants to purchase 7,166,667 shares |
|
Warrant Initial Exercise Price: |
$0.25 |
|
Warrant Term to Expiry: |
2 Years |
|
Number of Placees: |
68 Placees |
|
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
Michael Blady |
Y |
900,000 |
Duane Lo |
Y |
120,000 |
Elston Johnston |
Y |
266,667 |
William Lindquist |
Y |
120,000 |
Lawrence Nagy |
Y |
120,000 |
Aggregate Pro-Group Involvement [5 Placees] |
P |
1,183,000 |
Finder's Fee: |
||
PI Financial Corp. |
$34,737.75 cash; 231,585 warrants |
|
Canaccord Genuity Corp. |
$4,987.50 cash; 33,250 warrants |
|
Leede Jones Gable Inc. |
$3,877.50 cash; 25,850 warrants |
|
Odum Brown Limited |
$1,275.00 cash; 8,500 warrants |
|
Sprott Capital Partners LP |
$300.00 cash; 2,000 warrants |
|
Finder Warrant Initial Exercise Price: |
$0.25 |
|
Finder Warrant Term to Expiry: |
same terms as offering |
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.
________________________________________
MAKO MINING CORP. ("MKO")
BULLETIN TYPE: Private Placement-Brokered, Non-Brokered
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement and Non-Brokered Private Placement announced June 26, 2020:
Number of Shares: |
71,000,000 shares |
|
Purchase Price: |
$0.40 per share |
|
Warrants: |
35,500,000 share purchase warrants to purchase 35,500,000 shares |
|
Warrant Exercise Price: |
$0.60 for an eighteen (18) month period |
|
Number of Placees: |
70 placees |
|
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
Wexford Spectrum Trading Limited |
Y |
24,125,890 |
Wexford Catalyst Trading Limited |
Y |
16,874,110 |
Akbia Leisman |
Y |
333,500 |
John Hick |
Y |
100,000 |
Mario Caron |
Y |
100,000 |
Aggregate Pro Group Involvement |
P |
710,000 |
Agent's Fee: |
An aggregate of $720,000 in cash and 1,500,000 broker warrants payable to |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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.
________________________________________
MARGAUX RESOURCES LTD. ("MRL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement - Amendment
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated February 7, 2017, the Exchange has accepted an amendment with respect to the Option Agreement dated December 23, 2016 as amended by an Amending Agreement dated February 20, 2020 and as further amended by the Second Amending Agreement dated July 10, 2020 (collectively, the "Agreement") between the Company and Yellowstone Resources Ltd (the "Seller"), for the acquisition of 100% of the Bayonne and Sheep Creek Properties (the "Properties"), located in Salmo, British Columbia.
As per the terms of the Second Amending Agreement, the Seller will be paid out over six years. In year one, the Seller will receive $74,000 and 50,000 common shares; in year two, the Seller will receive $80,000 and 150,000 common shares; in year three, the Seller will receive $160,000 and 450,000 common shares; In year four, the seller will receive $50,000 and 1,775,757 common shares; in year five the seller will receive $100,000 and 300,000 common shares and in year six the seller will receive $100,000 and 450,000 common shares.
For further information, please refer to the Company's press release dated January 6, 2017 and July 13, 2020.
________________________________________
MEDCOLCANNA ORGANICS INC. ("MCCN")
BULLETIN TYPE: Private Placement - Non-Brokered
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 20, 2020:
Number of Shares: |
10,000,000 common shares |
Purchase Price: |
$0.08 per share |
Convertible Debenture: |
800 convertible debentures ("Debentures") at $1,000 per Debenture. |
Conversion Price: |
Convertible into common shares at $0.20 per share. |
Other Significant Terms: |
The Debentures will include five common share purchase warrants for every |
Maturity date: |
July 16, 2022 |
Warrants: |
4,000,000 Warrants to purchase 4,000,000 common shares |
Warrant Exercise Price: |
Each Warrant is exercisable at $0.20 for a period of 24 months from the date of |
Interest rate: |
14% per annum |
Number of Placees: |
1 placee |
Insider / Pro Group Participation: |
None |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release on July 20, 2020 announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
________________________________________
ORESTONE MINING CORP. ("ORS")
BULLETIN TYPE: Halt
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
Effective at 9:52 a.m. PST, July 28, 2020, 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.
________________________________________
ORESTONE MINING CORP. ("ORS")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
Effective at 11:30 a.m. PST, July 28, 2020, shares of the Company resumed trading, an announcement having been made.
________________________________________
OTSO GOLD CORP. ("OTSO")
BULLETIN TYPE: Private Placement- Non-Brokered
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on July 17, 2020 and July 24, 2020:
Number of Shares: |
5,400,000 common shares |
Purchase Price: |
CDN$0.05 per share |
Warrants: |
5,400,000 common share purchase warrants to purchase 5,400,000 common |
Warrant Exercise Price: |
CDN$0.06 for a sixty (60) month period |
Number of Placees: |
5 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.
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).
________________________________________
Otso Gold Corp. ("OTSO")
BULLETIN TYPE: Private Placement-Non Brokered, Convertible Debenture, Amendment
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
Further to TSX Venture Exchange (the "Exchange") bulletin dated August 10, 2017, the Exchange has accepted for filing a replacement debenture (the "Debentures") and issuance of attached warrants, as announced on July 17, 2020 and July 24, 2020:
Convertible Debenture: |
CDN$419,000 principal amount |
Conversion Price: |
CDN$0.10 per share until maturity |
Maturity Date: |
Extended from June 30, 2020 to December 30, 2020 |
Interest Rate: |
9% per annum |
Warrants: |
2,223,077 share purchase warrants to purchase 2,223,077 shares |
Warrant Exercise Price: |
CDN$0.09 for a one (1) year period |
Number of Placees: |
1 Placee |
The Debentures replaced CDN$419,000 convertible debentures which were issued pursuant to a private placement which was originally accepted for filing by the Exchange effective August 10, 2017.
For further information, please refer to the Company's press releases dated July 17, 2020 and July 24, 2020.
_____________________________________________
PACIFIC BOOKER MINERALS INC. ("BKM")
BULLETIN TYPE: Halt
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
Effective at 7:00 a.m. PST, July 28, 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.
________________________________________
QUANTUM BLOCKCHAIN TECHNOLOGIES LTD. ("QBC.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated July 27, 2020, 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.
________________________________________
ROYALTY NORTH PARTNERS LTD. ("RNP")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s, Amendment
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an amendment to the following convertible debentures:
Convertible Debentures: |
CDN$1,312,000 principal amount outstanding |
Original Conversion Price: |
Convertible into common shares at CDN$2.00 (adjusted for a 10 for 1 |
Original Maturity Date: |
September 7, 2020 |
Amended Maturity Date: |
December 31, 2021 |
Interest Rate: |
8% per annum |
These debentures were issued pursuant to a private placement that was originally accepted for filing by the Exchange effective September 12, 2017.
For further information, please refer to the Company's news release dated July 28, 2020.
_______________________________________
SANIBEL VENTURES CORP. ("SBEL.P")
BULLETIN TYPE: Halt
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
Effective at 4:40 a.m. PST, July 28, 2020, trading in the shares of the Company was halted
Failure to Complete a Qualifying Transaction within 24 Months Of Listing; 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.
________________________________________
SANTACRUZ SILVER MINING LTD. ("SCZ")
BULLETIN TYPE: Halt
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
Effective at 4:47 a.m. PST, July 28, 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.
________________________________________
SANTACRUZ SILVER MINING LTD. ("SCZ")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated July 28, 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.
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SKY GOLD CORP. ("SKYG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Jul 23, 2020:
Number of Shares: |
20,000,000 shares |
|
Purchase Price: |
$0.10 per share |
|
Warrants: |
10,000,000 share purchase warrants to purchase 10,000,000 shares |
|
Warrant Initial Exercise Price: |
$0.15 |
|
Warrant Term to Expiry: |
2 Years |
|
Number of Placees: |
44 Placees |
|
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
England Communications Ltd. |
Y |
210,000 |
John Masters |
Y |
100,000 |
Aggregate Pro-Group Involvement |
P |
405,000 |
Finder's Fee: |
||
PI Financial Corp. |
$45,600.00 cash |
|
Canaccord Genuity Corp. |
$1,600.00 cash |
|
Haywood Securities Inc. |
$12,000.00 cash |
|
Echelon Wealth Partners |
$2,720.00 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.
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SOUTHERN EMPIRE RESOURCES CORP. ("SMP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 25, 2020:
Number of Shares: |
8,043,861 shares |
|
Purchase Price: |
$0.50 per share |
|
Number of Placees: |
84 placees |
|
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
Dale Wallster |
Y |
3,151 |
Mulgravian Ventures Corporation |
Y |
5,155 |
Brodie Dunlop |
Y |
25,000 |
Aggregate Pro Group Involvement |
P |
360,000 |
Finder's Fee: |
Eventus Capital Corp. receives $72,000 |
|
Canaccord Genuity Corp receives 116,800 shares |
||
Haywood Securities Inc. receives $43,600 |
||
PI Financial Corp. receives $17,728.04 |
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period on June 12, 2020.
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THOR EXPLORATIONS LTD. ("THX")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced June 12, 2020:
Number of Shares: |
75,548,530 shares |
Purchase Price: |
$0.18 per share for 73,525,409 shares |
$0.16 per share for 2,023,121 shares |
|
Number of Placees: |
18 placees |
Agent's Fee: |
Hannam & Partners (Advisory) LLP and Paradigm Capital Inc. receive a 6% cash |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period on July 9, 2020 and July 10, 2020.
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TRENCHANT CAPITAL CORP. ("TCC")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 3,836,589 shares to settle outstanding debt for $191,829.64.
Number of Creditors: |
8 Creditors |
|||
Insider / Pro Group Participation: |
||||
Creditor |
Insider=Y / |
Amount |
Deemed Price |
# of Shares |
Tom English |
Y |
$123,497.27 |
$0.05 |
2,469,945 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
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WARRIOR GOLD INC. ("WAR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 27, 2020 and June 30, 2020:
Number of Shares: |
8,333,334 flow through shares |
||
4,083,333 non-flow through shares |
|||
Purchase Price: |
$0.087 per flow through share |
||
$0.06 per non-flow through share |
|||
Warrants: |
4,166,667 share purchase warrants attached to flow through shares and |
||
Warrant Exercise Price: |
$0.10 for an 18 month period. If, at any time after the expiry of the four month |
||
Number of Placees: |
6 placees |
||
Insider / Pro Group Participation: |
|||
Name |
Insider=Y / |
# of Shares |
|
Steve Burleton |
Y |
500,000 |
nft |
Salil Dhaumya |
Y |
166,667 |
nft |
Gary Nassif |
Y |
166,667 |
nft |
Peter Winnell |
Y |
83,334 |
nft |
Finder's Fee: |
Echelon Capital Markets receives $2,100 and 35,000 non-transferable warrants, |
||
Foster & Associates Financial Services Inc. receives $19,600 and 326,666 non- |
|||
Kernaghan & Partners Ltd. receives $1,400 and 23,332 non-transferable |
|||
Raymond James Ltd. receives $7,000 and 116,666 non-transferable warrants, |
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news releases announcing the closing of the private placement and setting out the expiry dates of the hold periods on June 30, 2020 and July 6, 2020. [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.]
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XANDER RESOURCES INC. ("XND")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 28, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 12, 2020:
Number of Shares: |
4,000,000 shares |
|
Purchase Price: |
$0.20 per share |
|
Warrants: |
4,000,000 share purchase warrants to purchase 4,000,000 shares |
|
Warrant Exercise Price: |
$0.25 for a one year period. The warrants have an acceleration provision such |
|
Number of Placees: |
41 placees |
|
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
1282803 Ontario Inc. (James Fairbairn) |
Y |
25,000 |
Michael Dehn |
Y |
25,000 |
Aggregate Pro Group Involvement |
P |
100,000 |
Finder's Fee: |
PI Financial Corp. receives $2,100 and 10,500 non-transferable warrants, each |
|
Mackie Research Capital Corporation receives $10,500 and 52,500 non- |
||
Canaccord Genuity Corp. receives $28,350 and 141,750 non-transferable |
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period on July 24, 2020. [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.]
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NEX COIMPANY :
CLUNY CAPITAL CORP. ("CLN.H")
BULLETIN TYPE: Halt
BULLETIN DATE: July 28, 2020
NEX Company
Effective at 7:00 a.m. PST, July 28, 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.
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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