TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, April 11, 2019 /CNW/ -
TSX VENTURE COMPANIES
LORRAINE COPPER CORP. ("LLC")
BULLETIN TYPE: Delist
BULLETIN DATE: April 11, 2019
TSX Venture Tier 2 Company
Further to the Company's news releases dated February 4, 2019, April 8, 2019 and April 10, 2019, the common shares of Lorraine Copper Corp. (the "Company") will be delisted from TSX Venture Exchange effective at the close of business on April 12, 2019.
The delisting of the Company's common shares results from the completion of an arrangement with Sun Metals Corp. ("Sun Metals") pursuant to a plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement"). Pursuant to the Arrangement, which is intended to close April 12, 2019, Sun Metals will acquire all of the Company's shares in exchange for 0.54 of a common share of Sun Metals ("Shares") for each Company's common share (the "Exchange Ratio"). Upon closing of the Arrangement: (i) all outstanding stock options of the Company will be exchanged for options to purchase Shares on the basis of the Exchange Ratio; and (ii) all unexercised share purchase warrants of the Company will be exchanged for warrants to purchase Shares on the basis of the Exchange Ratio and will expire in accordance with their current expiry dates.
The arrangement was approved by the Company's securityholders at a special securityholders' meeting held on April 5, 2019, and was approved by the Supreme Court of British Columbia on April 10, 2019.
For more information, please consult the Company's Management Information Circular dated March 5, 2019, which is available on SEDAR.
_______________________________________
SCORPIO GOLD CORPORATION ("SGN")
BULLETIN TYPE: Consolidation
BULLETIN DATE: April 11, 2019
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders on February 27, 2019, the Company has consolidated its capital on a two (2) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening Monday, April 15, 2019, the shares of Scorpio Gold Corporation 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 |
62,474,118 |
shares are issued and outstanding |
|
Escrow |
nil |
shares are subject to escrow |
Transfer Agent: |
Computershare Trust Company of Canada |
|
Trading Symbol: |
SGN |
(UNCHANGED) |
CUSIP Number: |
80918M 20 3 |
(new) |
________________________________________
SUN METALS CORP. ("SUNM")
BULLETIN TYPE: Amalgamation
BULLETIN DATE: April 11, 2019
TSX Venture Tier 2 Company
Pursuant to an arrangement agreement (the "Agreement") dated February 1, 2019 and a final court order dated April 10, 2019 issued by the Supreme Court of British Columbia, the Company and Lorraine Copper Corp. ("Lorraine") will complete a plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement"). Pursuant to the Arrangement, which is intended to close April 12, 2019, the Company will acquire all of the issued and outstanding shares of Lorraine in exchange for the Company issuing to Lorraine shareholders 0.54 common shares of the Company (each a "Share") for each Lorraine share held (the "Exchange Ratio"). Upon closing of the Arrangement: (i) all outstanding stock options of Lorraine will be exchanged for options to purchase Shares on the basis of the Exchange Ratio; and (ii) all unexercised Lorraine share purchase warrants will be exchanged for warrants to purchase Shares on the basis of the Exchange Ratio and will expire in accordance with their current expiry dates.
Lorraine shares are expected to be delisted from the Exchange at close of market on April 12, 2019.
Post - Transactions: |
||
Capitalization: |
unlimited common shares with no par value of which |
|
107,548,612 common shares are issued and outstanding |
||
Escrow: |
Nil common shares subject to escrow |
|
Transfer Agent: |
Computershare Investor Services Inc. |
|
Trading Symbol: |
SUNM |
(unchanged) |
CUSIP Number: |
86681L108 |
(unchanged) |
For further information please refer to the Company's news release dated February 4, 2019.
________________________________________
NEX COMPANIES
CAPRICORN BUSINESS ACQUISITIONS INC. ("CAK.H")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 11, 2019
NEX Company
Effective at the opening, Monday, April 15, 2019, the securities of Capricorn Business Acquisitions Inc. (the "Company") will resume trading. Further to the Exchange Bulletin dated June 21, 2018, a news release was issued on April 5, 2019, announcing that the Company will not be proceeding with its proposed acquisition. The transaction contemplated would have constituted a Qualifying Transaction as defined under Exchange Policy 2.4.
_________________________________________
19/04/11 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
ECO (ATLANTIC) OIL & GAS LTD. ("EOG")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: April 11, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced April 4, 2019:
Number of Shares: |
16,159,695 shares |
|
Purchase Price: |
£0.80 (CDN$1.41) per share |
|
Number of Placees: |
18 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Africa Oil Corp. |
Y |
4,752,850 |
(TSX Listed) |
||
Agents Fee: |
Aggregate cash commission of £458,280 (CDN$804,000) payable to Stifel |
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).
________________________________________
CALIFFI CAPITAL CORP. ("CFI.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: April 11, 2019
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated April 8, 2019, 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.
________________________________________
EQUINOX GOLD CORP. ("EQX")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: April 11, 2019
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 25, 2019:
Convertible Debenture |
US$130,000,000 |
|
Conversion Price: |
Convertible into 123,809,523 common shares at CDN$1.38 of principal |
|
Maturity date: |
5 years from the date of issuance |
|
Interest rate: |
5% per annum |
|
Number of Placees: |
1 placee |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
MDC Industry Holding Company LLC |
Y |
123,809,523 |
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.
________________________________________
GATLING EXPLORATION INC. ("GTR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 11, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Sale, Assignment and Assumption Agreement dated April 1, 2019 between Gatling Exploration Inc. (the "Company") and Teck Resources Limited ("Teck") whereby the Company acquires all of the right, title, interest and obligations in the Underlying Option Agreement dated January 18, 2017, held by the original owners ("Owners"), for the Kir Vit claim package (the "Property") in the Larder Lake district located in the McVittie township in Ontario. Consideration is 1,750,000 common shares at close to Teck. If the Company exercises the option in the Underlying Agreement, a cash payment in the amount of $250,000 is required to be paid by January 31, 2020 to the Owners and Teck will be granted a 0.5% Net Smelter Return Royalty ("NSR"). The Owners retain a 2% NSR of which the Company may repurchase 1% for $1,000,000. If the Company announces it has made a production decision, a $4,000,000 payment is due to Teck and a $250,000 payment is due to the Owners.
________________________________________
LORRAINE COPPER CORP. ("LLC")
BULLETIN TYPE: Halt
BULLETIN DATE: April 11, 2019
TSX Venture Tier 2 Company
Effective at 4.43 a.m. PST, April 11, 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.
________________________________________
MELKIOR RESOURCES INC. ("MKR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 11, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 29, 2019:
Number of Shares: |
4,166,667 shares |
Purchase Price: |
$0.06 per share |
Number of Placees: |
1 placees |
Finder's Fee: |
|
$17,500 cash and 291,667 warrants exercisable at $0.11 for a 24 month period payable to GloRes Capital Inc. |
________________________________________
OWL CAPITAL CORP. ("OCC.P")
BULLETIN TYPE: Halt
BULLETIN DATE: April 11, 2019
TSX Venture Tier 2 Company
Effective at 6.40 a.m. PST, April 11, 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.
________________________________________
PRIZE MINING CORPORATION ("PRZ")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 11, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation in relation to an Option Agreement dated April 1, 2019 between Prize Mining Corp. (the "Company") and Denton Resources Ltd. (the "Vendor") whereby the Company will acquire a 100% interest in the 62 mineral claims comprising the Carscallan property in the district of Cochrane, near Timmins, Ontario. The Company may exercise the option by paying the Vendor $30,000 and issuing 1,000,000 common shares and 1,000,000 common share purchase warrants for each geophysical anomaly that successfully meets the test criteria on at least one of the first two test holes drilled in such anomaly. Each common share purchase warrant may be exercised for a period of 24 months from the date of issuance at an exercise price of $0.05 per warrant share.
_______________________________________
ROVER METALS CORP. ("ROVR")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: April 11, 2019
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated April 10, 2019, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Fundamental Acquisition pursuant to 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.
________________________________________
SIRIOS RESOURCES INC. ("SOI")
BULLETIN TYPE: Private Placement Non-Brokered
BULLETIN DATE: April 11, 2019
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement:
Number of Securities: |
3,577,500 flow-through common shares |
|
Purchase Price: |
$0.32 flow-through common share. |
|
Number of Placees: |
5 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of shares |
Michel Bouchard |
Y |
40,000 |
Finder's Fee: |
An aggregate of $55,000 cash have been paid to arm's length finders. |
The Company has confirmed the closing of the Private Placement in a news release dated April 5, 2019.
RESSOURCES SIRIOS INC. (« SOI »)
TYPE DE BULLETIN: Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 11 avril 2019
Société du groupe 1 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier:
Nombre d'actions : |
3 577 500 actions accréditives |
|
Prix : |
0,32 $ par action accréditive |
|
Nombre de souscripteurs : |
5 souscripteurs |
|
Participation des initiés / Groupe Pro : |
||
Initié=Y / |
||
Nom |
Groupe Pro=P |
# d'actions |
Michel Bouchard |
Y |
40 000 |
Honoraire d'intermédiation : |
Une somme total de 55 000 $ comptant a été payé à des intermédiaires sans |
La société a confirmé la clôture du placement privé dans un communiqué de presse daté du 5 avril 2019.
________________________________________
SKEENA RESOURCES LIMITED ("SKE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 11, 2019
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Apr 10, 2019:
Number of Shares: |
5,194,805 shares |
|
Purchase Price: |
$0.385 per share |
|
Number of Placees: |
19 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
Pro-Group=P |
# of Shares |
Aggregate Pro-Group Involvement [2 Placees] |
P |
119,000 |
Finder's Fee: |
||
Haywood Securities Inc |
$13,475.00 cash |
|
PI Financial Corp. |
$52,500.00 cash |
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.
________________________________________
STARLIGHT U.S. MULTI-FAMILY (NO. 1) VALUE-ADD FUND ("SUVA.A") (SUVA.U)
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 11, 2019
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Purchase and Sale Agreement dated April 09, 2019 (the "Agreement"), between Starlight U.S. Multi-Family (no. 1) Value-Add Fund (the "Issuer") and two (2) related parties (collectively, the "Vendors"), whereby the Issuer will acquire an additional 8.5% interest in Coventry Pointe - a 250-unit, garden-style, value-add multi-family property completed in 2002, located in Atlanta, Georgia, USA. Upon closing the Issuer will own 100% interest in Coventry Pointe.
Aggregate cash consideration for the additional 8.5% interest is US$3,698,000.
For further details, please refer to the Company's news release dated April 9, 2019.
________________________________________
STRATEGIC OIL & GAS LTD. ("SOG")
BULLETIN TYPE: Halt
BULLETIN DATE: April 11, 2019
TSX Venture Tier 2 Company
Effective at 6.27 a.m. PST, April 11, 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.
________________________________________
STRATEGIC RESOURCES INC. ("STI")
BULLETIN TYPE: Halt
BULLETIN DATE: April 11, 2019
TSX Venture Tier 2 Company
Effective at 4.39 a.m. PST, April 11, 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.
________________________________________
VOLCANIC GOLD MINES INC. ("VG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 11, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 8, 2019:
Number of Shares: |
1,500,000 shares |
|
Purchase Price: |
$0.25 per share |
|
Warrants: |
1,500,000 share purchase warrants to purchase 1,500,000 shares |
|
Warrant Exercise Price: |
$0.35 for a one year period |
|
Number of Placees: |
15 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Michael Iverson and Susan Iverson |
Y |
100,000 |
Simon Ridgway |
Y |
310,000 |
Aggregate Pro Group Involvement |
||
[1 Placee] |
60,000 |
________________________________________
WESTLEAF INC. ("WL")
BULLETIN TYPE: Halt
BULLETIN DATE: April 11, 2019
TSX Venture Tier 2 Company
Effective at 11.48 a.m. PST, April 11, 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.
________________________________________
WESTLEAF INC. ("WL")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 11, 2019
TSX Venture Tier 2 Company
Effective at 6.30 a.m. PST, April 11, 2019, shares of the Company resumed trading, an announcement having been made.
________________________________________
XIMEN MINING CORP. ("XIM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 11, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 18, 2019:
Number of Shares: |
675,000 shares |
Purchase Price: |
$0.60 per share |
Number of Placees: |
1 placee |
Finder's Fee: |
nil |
________________________________________
X-TERRA RESOURCES INC. ("XTT")
BULLETIN TYPE: Private Placement Non-Brokered
BULLETIN DATE: April 11, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement:
Number of Securities: |
3,833,332 common shares |
|
Purchase Price: |
$0.12 common share |
|
Warrants: |
3,833,332 warrants to purchase 3,833,332 common shares |
|
Warrant Exercise Price: |
$0.20 until April 1, 2021. |
|
Number of Placees: |
30 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of shares |
Aggregated ProGroup (2 subscribers) |
P |
270,000 |
Finder's Fee: |
An aggregate of $21,360 cash and 178,000 finders' options have been paid to |
The Company has confirmed the closing of the Private Placement in a news release dated April 1, 2019.
X-TERRA RESOURCES INC. ("XTT")
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 11 avril 2019
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier:
Nombre d'actions : |
3 833 332 actions ordinaires |
|
Prix : |
0,12$ par action ordinaire |
|
Bons de souscription : |
3 833 332 bons de souscription permettant de souscrire à 3 833 332 action |
|
Prix d'exercice des bons : |
0,20 $ jusqu'au 1 avril 2021. |
|
Nombre de souscripteurs : |
30 souscripteurs |
|
Participation des initiés / Groupe Pro : |
||
Initié=Y / |
||
Nom |
Groupe Pro=P |
# d'actions |
Total du Groupe Pro (2 souscripteurs) |
P |
270 000 |
Honoraire d'intermédiation : |
Une somme total de 21 360 $ en espèces et 178 000 options d'intermédiaire |
La société a confirmé la clôture du placement privé dans un communiqué de presse daté du 1 avril 2019.
________________________________________
ZENABIS GLOBAL INC. ("ZENA")
BULLETIN TYPE: Halt
BULLETIN DATE: April 11, 2019
TSX Venture Tier 1 Company
Effective at 12.14 a.m. PST, April 11, 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.
________________________________________
ZENABIS GLOBAL INC. ("ZENA")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 11, 2019
TSX Venture Tier 1 Company
Effective at 7.15 a.m. PST, April 11, 2019, shares of the Company resumed trading, an announcement having been made.
________________________________________
ZENABIS GLOBAL INC. ("ZENA")
BULLETIN TYPE: Halt
BULLETIN DATE: April 11, 2019
TSX Venture Tier 1 Company
Effective at 7.04 a.m. PST, April 11, 2019, 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.
________________________________________
NEX COMPANIES
INTERCEPT ENERGY SERVICES INC. ("IES.H")
BULLETIN TYPE: Halt
BULLETIN DATE: April 11, 2019
NEX Company
Effective at 11.54 a.m. PST, April 11, 2019, trading in the shares of the Company was halted due to failure to maintain transfer agent; 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.
________________________________________
MADEIRA MINERALS LTD. ("MDE.H")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: April 11, 2019
NEX Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated April 8, 2019, 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.
________________________________________
TRIUS INVESTMENTS INC. ("TRU.H")
BULLETIN TYPE: Halt
BULLETIN DATE: April 11, 2019
NEX Company
Effective at 5.04 a.m. PST, April 11, 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]
Share this article