TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, BC, Aug. 8, 2023 /CNW/ -
TSX VENTURE COMPANIES
None
23/08/08 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
BARU GOLD CORP. ("BARU")
BULLETIN TYPE: Halt
BULLETIN DATE: August 8, 2023
TSX Venture Tier 2 Company
Effective at 6:28 a.m. PST, Aug. 8, 2023, 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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FUELPOSITIVE CORPORATION ("NHHH")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: August 8, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 22,096,123 common shares at a deemed value of $0.065 per share and 22,096,123 common share purchase warrants, each exercisable at $0.09 per share for a period of 3 years, to settle outstanding debt for $1,436,248.
Number of Creditors: 12 Creditors
For more information, please refer to the Company's news release dated August 1, 2023.
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LITHIUM CHILE INC. ("LITH")
BULLETIN TYPE: Halt
BULLETIN DATE: August 8, 2023
TSX Venture Tier 2 Company
Effective at 7:15 a.m. PST, Aug. 8, 2023, 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.
________________________________________
LITHIUM CHILE INC. ("LITH")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 8, 2023
TSX Venture Tier 2 Company
Effective at 8:15 a.m. PST, August 8, 2023, shares of the Company resumed trading, an announcement having been made.
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MARVEL DISCOVERY CORP.("MARV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 8, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement:
Number of Units: |
4,300,000 Flow-through Units (the "FT Unit") |
1,250,000 Non-Flow-Through Units (the "NFT Unit") |
|
Purchase Price: |
$0.07 per FT Unit |
$0.06 per NFT Unit |
|
Warrants: |
3,400,000 share purchase warrants to purchase |
3,400,000 shares |
|
Warrant Exercise Price: |
2,150,000 warrants are exercisable at $0.15 per share for a two-year period. |
1,250,000 warrants are exercisable at $0.10 per share for a two-year period |
|
Number of Placee: |
2 Placees |
Insider / Pro Group Participation: |
||
Placees |
# of Placee (s) |
Aggregate # of Shares |
Aggregate Existing Insider Involvement:
Aggregate Existing Pro |
N/A
N/A |
N/A
N/A |
Aggregate Cash |
Aggregate # of Shares |
Aggregate # of Warrants
|
|
Finder's Fee: |
$26,320 |
N/A |
388,500 |
Finder's Warrants Terms: Each warrant entitles the holder to purchase one common share at the price of $0.15 for a period of two years from the date of issuance
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release on August 02, 2023, announcing the closing of the private placement.
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PIVOTREE INC. ("PVT")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: August 8, 2023
TSX Venture Tier 1 Company
TSX Venture Exchange has been advised by the Company that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated August 2, 2023, it may repurchase for cancellation, up to 1,924,014 shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange or other recognized marketplaces during the period August 8, 2023 to August 7, 2024. Purchases pursuant to the bid will be made by National Bank Financial Inc. on behalf of the Company.
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PORTOFINO RESOURCES INC. ("POR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 8, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on July 24, 2023:
Number of Shares: |
13,450,000 common shares |
Purchase Price: |
$0.04 per share |
Warrants: |
13,450,000 share purchase warrants to purchase 13,450,000 shares |
Warrant Exercise Price: |
$0.06 for a three-year period from the date of issuance. |
Number of Placees: |
14 placees |
Insider / Pro Group Participation: |
||
Placees |
# of Placee (s) |
Aggregate # of Shares |
Aggregate Existing Insider Involvement:
|
2
|
750,000
|
Aggregate Cash |
Aggregate # of Shares |
Aggregate # of Warrants |
|
Finder's Fee: |
$ 13,160 |
N/A |
329,001 |
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release on August 01, 2023, 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.
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SAGE POTASH CORP. ("SAGE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 8, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on July 11, 2023:
Number of Shares: |
4,694,505 shares |
Purchase Price: |
$0.32 per share |
Warrants: |
2,347,253 share purchase warrants to purchase 2,347,253 shares |
Warrant Exercise Price: |
$0.50 for a two-year period |
Number of Placees: |
38 placees |
Insider / Pro Group Participation: |
||
Placees |
# of Placee (s) |
Aggregate # of Shares |
Aggregate Existing Insider Involvement: |
1 |
50,000 |
Aggregate Pro Group Involvement: |
3 |
522,625 |
Aggregate Cash |
Aggregate # of Shares |
Aggregate # of Warrants |
|
Finder's Fee: |
$94,179.20 |
N/A |
294,310 Warrants |
Finder's Warrants Terms: Each warrant entitles the holder to purchase one common share at the price of $0.32 for period of two years from the date of issuance.
The Company issued a news release on August 3, 2023 confirming closing of the private placement. 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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SKY GOLD CORP. ("SKYG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 8, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an agreement dated July 18, 2023 (the "Effective Date") between the Company and two arm's length parties (the "Optionors"). Pursuant to the terms of the Agreement, the Company may acquire a 100% interest in 37 mineral claims located in Begin Township, District of Thunder Bay, Ontario known as the "KA NI-CU-CO-CR-PGE Property" (the "Property"). By way of consideration, the Company will make cash payments totaling up to $150,000 and will issue up to 815,000 shares.
The Property is subject to a 2.0% Net Smelter Return Royalty (NSR) retained by the Optionors. The Company shall have the right to purchase 1.0% of the NSR from the Optionors for the sum of $250,000 at any time. The Company shall retain the right of first refusal on purchasing the remaining 1% of the NSR from the Optionors. Advance Royal Payments of $20,000 per year will be payable to the Optionors on the 5th through 10th-anniversary dates. Such proceeds shall be deductible against Net Smelter Return royalties.
For further details, please refer to the Company's news releases dated July 12, 2023.
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SOUTH ATLANTIC GOLD INC. ("SAO")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: August 8, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,600,000 shares at a deemed price of $0.06, in consideration of certain services provided to the Company pursuant to an agreement dated June 8, 2023.
Number of Service Providers: 1
Non-Arm's Length Party / Pro Group Participation: |
||||
Creditors |
# of |
Amount Owing |
Deemed Price |
Aggregate # of |
Aggregate Non-Arm's |
N/A |
N/A |
N/A |
N/A |
Aggregate Pro Group |
1 |
$96,000 |
$0.06 |
1,600,000 |
Warrants: N/A
For further details, please refer to the Company's news release dated July 31, 2023
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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