TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, Jan. 2, 2019 /CNW/ -
TSX VENTURE COMPANIES
PORTOFINO RESOURCES INC. ("POR")
BULLETIN TYPE: Consolidation
BULLETIN DATE: January 2, 2019
TSX Venture Tier 2 Company
Pursuant to a Directors' Resolution dated December 14, 2018, the Company has consolidated its capital on a 4 old for 1 new basis. The name of the Company has not been changed.
Effective at the opening January 4, 2019, the common shares of Portofino Resources Inc. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration/Development' company.
Post - Consolidation |
||
Capitalization: |
Unlimited |
shares with no par value of which |
12,990,875 |
shares are issued and outstanding |
|
Escrow |
Nil |
shares are subject to escrow |
Transfer Agent: |
TMX Trust Company |
|
Trading Symbol: |
POR |
(UNCHANGED) |
CUSIP Number: |
73689L207 |
(new) |
________________________________________
SONOR INVESTMENTS LIMITED ("SNI.PR.A")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: January 2, 2019
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
Dividend per common share: |
$0.225 |
Payable Date: |
March 15, 2019 |
Record Date: |
March 1, 2019 |
Ex-dividend Date: |
February 28, 2019 |
________________________________________
SOUTHERN ENERGY CORP. ("SOU")
[formerly STANDARD EXPLORATION LTD. ("SDE")]
BULLETIN TYPE: Reverse Takeover-Completed, Name Change, Private Placement – Non-Brokered, Resume Trading
BULLETIN DATE: January 2, 2019
TSX Venture Tier 2 Company
The common shares of the Company have been halted from trading since December 17, 2018, pending completion of a Reverse Take-Over ("RTO").
Resume Trading
Effective at the opening, Friday, January 4, 2019, the common shares of Southern Energy Corp. will commence trading on TSX Venture Exchange under the new symbol "SOU", and the common shares of Standard Exploration Ltd. will be delisted.
Reverse Takeover-Completed
The TSX Venture Exchange has accepted for filing the Company's RTO, which includes the following transactions:
The RTO involves two arm's length agreements: (1) Equity Purchase and Sale Agreement dated November 12, 2018 between Gulf Pine Energy Partners GP, LLC, Gulf Pine Energy Partners, LP (collectively "Gulf Pine"), Pine Brook Gulf Intermediate, L.P., Vendors and Standard Exploration Ltd. This agreement is for the sale of all Gulf Pine units and common shares to Standard Exploration Ltd. for cash consideration of USD$3,425,100. (2) Reorganization and Investment Agreement dated November 12, 2018 between Standard Exploration Ltd. and Ian Atkinson, Calvin Yau, Chris Birchard, Gary McMurren.
Name Change
Pursuant to a resolution passed by shareholders on December 11, 2018, the Company has changed its name to "Southern Energy Corp.". There is no consolidation of capital.
Effective at the opening, Friday, January 4, 2019, the common shares of Southern Energy Corp. will commence trading on TSX Venture Exchange, and the common shares of Standard Exploration Ltd. will be delisted.
Private Placement-Non-Brokered
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 13, 2018:
Number of Shares: |
180,110,000 shares |
|
Purchase Price: |
$0.10 per share |
|
Warrants: |
57,920,000 share purchase warrants to purchase 57,920,000 shares |
|
Warrant Exercise Price: |
$0.10 for a five year period |
|
Number of Placees: |
144 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Bruce Beynon |
I |
1,250,000 |
C. Neil Smith |
I |
1,500,000 |
Calvin Yau |
I |
1,200,000 |
Cedarbush Holdings Inc. (Andrew McCreath) |
I |
1,000,000 |
Christopher Birchard |
I |
500,000 |
Cypress Capital Management (Steve Smith) |
I |
5,000,000 |
Gary McMurren |
I |
1,250,000 |
Ian Atkinson |
I |
2,000,000 |
Mike Kohut |
I |
2,500,000 |
Tamara MacDonald |
I |
1,000,000 |
Aggregate Pro Group Involvement: |
12,750,000 (4 Placees) |
|
Finder's Fee: |
Laurentian Bank Securities Inc. - $400,000; Eight Capital - $300,000; Leede Jones Gable Inc. - $30,870; Canaccord Genuity Corp. - $9,800. |
|
For further information, please refer to the Company's Filing Statement dated December 19, 2018, which is filed on SEDAR.
The Company is classified as an 'Oil & Gas' company.
Capitalization: |
Unlimited shares with no par value of which |
204,356,971 shares are issued and outstanding |
|
Escrowed: |
None |
Transfer Agent: |
Computershare Trust Company of Canada |
Trading Symbol: |
SOU (new) |
CUSIP Number: |
842813 10 7 (new) |
Company Contact: |
Ian Atkinson, President & CEO |
Company Address: |
Suite 2400, 333-7th Avenue S.W. Calgary, AB T2P 2Z1 |
Company Phone Number: |
587-287-5401 |
Company Fax Number: |
403-452-9249 |
Company Email Address: |
________________________________________
NEX COMPANIES
PETRO VISTA ENERGY CORP. ("PTV.H")
BULLETIN TYPE: Delist
BULLETIN DATE: January 2, 2019
NEX Company
Effective at the close of business January 3, 2019, the common shares will be delisted from TSX Venture Exchange at the request of the Company.
The Company will continue to trade on Canadian Securities Exchange.
________________________________________
19/01/02 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
BAYHORSE SILVER INC. ("BHS")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: January 2, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Aug 20, 2018:
Convertible Debenture |
$1,255,776.00 |
|
Initial Conversion Price: |
$0.125 per common share |
|
Term of Maturity: |
3 Years |
|
Interest Rate: |
12% |
|
Warrants: |
3,840,000 share purchase warrants to purchase 3,840,000 shares |
|
Initial Exercise Price: |
$0.25 |
|
Term to Expiry: |
3 Years |
|
Number of Placees: |
12 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
Pro-Group=P |
# of Shares |
Graeme O'Neill |
Y |
0 |
Rick Low |
Y |
0 |
Finder's Fee: |
||
PI Financial Corp. |
$17,850.00 cash; 71,400 warrants |
|
Finder Warrant Initial Exercise Price: |
$0.125 |
|
Finder Warrant Term to Expiry: |
Three 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.
________________________________________
COPPER NORTH MINING CORP. ("COL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 2, 2019
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 21, 2018:
Number of Shares: |
4,109,091 shares |
|
Purchase Price: |
$0.055 per share |
|
Warrants: |
4,109,091 share purchase warrants to purchase 4,109,091 shares |
|
Warrant Exercise Price: |
$0.10 for a three-year period |
|
Number of Placees: |
4 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Somphote Ahunai |
Y |
1,272,727 |
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.
________________________________________
FRONTIER LITHIUM INC. ("FL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 2, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 27, 2018:
Number of Shares: |
2,622,619 common share units ("Units") |
Each Unit will consist of one common share of the Company issued on a flow-through basis and one-half of one (1/2) of one common share purchase warrant (each a "Warrant") |
|
Purchase Price: |
$0.42 per Unit |
Warrants: |
1,311,309 Warrants |
Warrant Exercise Price: |
$0.50 until June 19, 2021 |
Number of Placees: |
7 Placees |
Insider / Pro Group Participation: |
None |
Finder's Fee: |
$14,994 cash and 35,700 warrants ("Brokers Warrants") payable to Gravitas Securities Inc. |
$9,072 cash and 21,600 Brokers Warrants payable to Accilent Capital Management Inc. |
|
$18,000 cash and 42,857 Brokers Warrants payable to EDE Asset Management Inc. |
|
$18,000 cash and 42,857 Brokers Warrants payable to Windstar Equities Ltd. |
|
$1,512 cash and 3,600 Brokers Warrants payable to Foster & Associates |
|
Each Broker Warrant is exercisable for one common share at a price of $0.48 until June 19, 2021. |
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).
________________________________________
GOLDEN SHARE RESOURCES CORPORATION ("GSH")
BULLETIN TYPE: Halt
BULLETIN DATE: January 2, 2019
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, January 2, 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.
________________________________________
NICOLA MINING INC. ("NIM")
BULLETIN TYPE: Correction, Private Placement Non-Brokered
BULLETIN DATE: January 2, 2019
TSX Venture Tier 2 Company
CORRECTION:
Further to the TSX Venture Exchange Bulletin dated December 31, 2018 the Bulletin should have read as follows:
Number of Shares: |
10,040,000 shares |
________________________________________
PARALLEL MINING CORP. ("PAL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 2, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Dec 31, 2018:
Number of Shares: |
500,000 shares |
Purchase Price: |
$0.05 per share |
Warrants: |
500,000 share purchase warrants to purchase 500,000 shares |
Warrant Initial Exercise Price: |
$0.05 |
Warrant Term to Expiry: |
5 Years |
Number of Placees: |
2 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.
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.
________________________________________
ROCKRIDGE RESOURCES LTD. ("ROCK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 2, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 1, 2018:
Number of Shares: |
8,470,000 shares |
|
Purchase Price: |
$0.20 per share |
|
Warrants: |
8,470,000 share purchase warrants to purchase 8,470,000 shares |
|
Warrant Exercise Price: |
$0.35 for a five year period |
|
Number of Placees: |
72 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Jordan Trimble |
Y |
125,000 |
Aggregate Pro Group Involvement |
P |
350,000 |
[4 Placees] |
||
Finder's Fee: |
PI Financial Corp. receives $32,900 and 164,500 warrants, each exercisable for one share at a price of $0.35 for five years. |
|
Canaccord Genuity Corp. receives $455 and 2,275 warrants, each exercisable for one share at a price of $0.35 for five years. |
||
Mackie Research Capital Corporation receives $7,630 and 38,125 warrants, each exercisable for one share at a price of $0.35 for five years. |
||
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.
________________________________________
ROCKRIDGE RESOURCES LTD. ("ROCK")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 2, 2019
TSX Venture Tier 2 Company
Property-Asset or Share Purchase Agreement:
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation pertaining to an agreement dated October 31, 2018 (the "Agreement") between Rockridge Resources Ltd. (the "Company") and Eagle Plains Resources Ltd. ("Eagle Plains") pursuant to which the Company has the right to earn up to a 100% interest in the Knife Lake property, Saskatchewan (the "Property").
Under the terms of the Agreement Rockridge may acquire a 100% interest in the Property by making cash payments to Eagle Plains totalling CDN $150,000, issue up to 5,250,000 common shares of the Company, and incur exploration expenditures of up to $3,250,000, over a four year period as follows:
- On Exchange acceptance: issuing 2,000,000 shares; cash payment of $150,000;
- By the first anniversary date: issuing 750,000 shares and incurring exploration expenditures of $750,000;
- By the second anniversary date: issuing 750,000 shares and incurring additional exploration expenditures of $750,000;
- By the third anniversary date: issuing 750,000 shares and incurring additional exploration expenditures of $750,000; and
- By the fourth anniversary date: issuing 1,000,000 shares and incurring additional exploration expenditures of $1,000,000.
Insider / Pro Group Participation: N/A
For additional information please refer to the Company's news release dated and December 20, 2018.
_______________________________________
TRANSITION METALS CORP. ("XTM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 2, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 20, 2018:
Number of Shares: |
1,739,000 flow through shares |
Purchase Price: |
$0.115 per share |
Number of Placees: |
1 Placee |
Finder's Fee: |
$9,999.25 payable to Gravitas Securities Inc. |
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).
________________________________________
VALORO RESOURCES INC. ("VRO")
BULLETIN TYPE: Halt
BULLETIN DATE: January 2, 2019
TSX Venture Tier 2 Company
Effective at 4:58 a.m. PST, January 2, 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.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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