TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, BC, June 12, 2020 /CNW/ -
TSX VENTURE COMPANIES
WESTERN PACIFIC RESOURCES CORP. ("WRP")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Private Placement-Non-Brokered, Resume Trading
BULLETIN DATE: June 12, 2020
TSX Venture Tier 2 Company
The TSX Venture Exchange Inc. (the "Exchange") has accepted for filing an asset purchase agreement dated January 27, 2020 between Western Pacific Resources Corp. ("Western Pacific") and Green Oil S.A. ("Green Oil"), pursuant to which Western Pacific acquired from Green Oil certain mineral claims known as the Julian Property is located in the Province of Azuay in the canton of Oña, overlapping the Parishes Oña Yacuambi and Nabón, approximately 64km southwest of the city of Cuenca and 100km southeast of Machala in the Cordillera Real de los Andes Ecuador.
As consideration for the acquisition of the Julian Property Western Pacific issued 6,000,000 common shares in the capital of Western Pacific to Green Oil and its nominees.
Western Pacific paid a cash finder's fee of $94,500 to Luis Zapata.
Insider / Pro Group Participation: Nil
For further information, please see the news releases dated January 28, 2020 and June 9, 2020 and June 12, 2020, which are available under Western Pacific's profile on SEDAR.
Private Placement-Non-Brokered
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 28, 2020:
Number of Shares: |
7,500,000 shares |
Purchase Price: |
$0.20 per share |
Warrants: |
3,750,000 share purchase warrants to purchase 3,750,000 shares |
Warrant Exercise Price: |
$0.35 for a one year period |
Number of Placees: |
66 placees |
Insider / Pro Group Participation:
Name |
Insider=Y / |
# of Shares |
Caleb Chan |
P |
170,000 |
Aaron Chan |
P |
250,000 |
Yvonne Chan |
P |
125,000 |
Graham Moore |
P |
200,000 |
Kai-Chen Yang |
P |
25,000 |
James Reid |
P |
40,000 |
Mackenzie Coombes |
P |
10,000 |
Finder's Fee: |
Canaccord Genuity Corp. received a cash payment of $51,120 and 255,600 |
|
Haywood Securities Inc. received a cash payment of $53,550 and 267,750 f |
||
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Western Pacific 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.
Resume Trading
Effective at the opening on Tuesday, June 16, 2020 the common shares of Western Pacific will resume trading on the Exchange.
________________________________________
NEX COMPANY:
PURE EXTRACTION CORP. ("PURX")
[formerly Fitch Street Capital Corp. ("FSC.H")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Name Change, Private Placement-Non-Brokered, Graduation from NEX to TSX Venture, Symbol Change, Resume Trading
BULLETIN DATE: June 12, 2020
NEX Company
TSX Venture Exchange (the "Exchange") has accepted for filing Fitch Street Capital Corp.'s (the "Company") Qualifying Transaction (the "QT") and related transactions described in its Filing Statement dated February 28, 2020. As a result, at the opening on Tuesday, June 16, 2020, the Company will no longer be considered a Capital Pool Company. The QT includes the following matters, all of which have been accepted by the Exchange:
Qualifying Transaction – Completed / New Symbol
Pursuant to a share exchange agreement dated December 17, 2018 (the "Share Exchange Agreement"), as amended, the Company has completed the QT with Pure Extraction Inc., Pure Extraction Ltd. (together with Pure Extraction Inc., "Pure Extraction") and the shareholders of Pure Extraction. The Company's trading symbol has changed as detailed below.
Pursuant to the QT, the Company acquired all outstanding shares of Pure Extraction in exchange for consideration of 3,000,000 shares of the Company at $0.165 per share and an additional 1,000,000 shares of the Company at $0.165 per share (if Pure Extraction generates cumulative gross revenues of not less than $2,000,000 from the date of the Share Exchange Agreement to June 17, 2020). The Company also issued Canaccord Genuity Group Inc. 345,454 shares at $0.165 per share as a finder's fee in connection with the QT.
The Exchange has been advised that closing of the QT occurred on June 10 2020. For additional information, please refer to the Filing Statement dated February 28, 2020, which is available under the Company's profile on SEDAR.
Name Change
Pursuant to a resolution passed by the directors of the Company on December 19, 2019, the Company has changed its name to Pure Extraction Corp.
Effective at the opening on opening Tuesday, June 16, 2020, the common shares of Pure Extraction Corp. will commence trading on TSX Venture Exchange, and the common shares of Fitch Street Capital Corp. will be delisted. The Company is classified as an 'Industrial' company.
Capitalization: |
unlimited shares with no par value of which |
|
38,101,330 shares are issued and outstanding |
||
Escrow: |
4,358,332 shares subject to escrow |
|
Transfer Agent: |
Computershare Trust Company of Canada |
|
Trading Symbol: |
PURX |
(new) |
CUSIP Number: |
74622J101 |
(new) |
Private Placement-Non-Brokered
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 28, 2020:
Number of Shares: |
18,000,000 shares |
Purchase Price: |
$0.135 per share |
Number of Placees: |
50 placees |
Insider / Pro Group Participation:
Name |
Insider=Y / |
# of Shares |
Nil |
||
Finder's Fee: |
Canaccord Genuity Corp. received a cash commission of $194,400 and |
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 Exchange has been advised that closing of the private placement occurred on May 27 2020.
Graduation from NEX to TSX Venture, Symbol Change
The Company has met the requirements to be listed as a TSX Venture Tier 2 Company. Therefore, effective at the opening on Tuesday, June 16, 2020, the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to Vancouver.
Effective at the opening on Tuesday, June 16, 2020, the trading symbol for the Company will change from "FSC.H" to "PURX". The Company is classified as an 'Industrial' company.
Resume Trading
Effective at the opening on Tuesday, June 16, 2020, the Company's shares will resume trading.
Company Contact: |
Balraj Mann |
Company Address: |
755 Burrard Street, Suite 440 |
Vancouver, BC V6Z 1X6 |
|
Company Phone Number: |
604-601-2018 |
Company Email Address: |
________________________________
20/06/12 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
AURA RESOURCES INC. ("AUU")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: June 12, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an Option Agreement Amendment (the "Agreement"), dated May 29, 2020, among Aura Resources Inc. (the "Company") and several arm's length parties (the "Vendors"), whereby the Company has amended consideration payable under the Option Agreement dated February 4, 2019, for the acquisition of up to 100% interest of the Gold Chain Property, comprised of 86 Bureau of Land Management lode mining claims, located in Mohave County, Arizona, USA (the "Property").
Under the terms of the Agreement, the Company will be able to acquire a 100% interest by paying an aggregate of US$510,000 and issuing an aggregate of US$300,000 worth of common shares over the period of five years. The Vendors will also be entitled to a bonus cash payment equivalent to US$1.00 per ounce of gold, estimated in any resource category determined in a Preliminary Economic Assessment compliant with National Instrument 43-101. Any bonus payment that becomes payable will be creditable toward future amounts due under the existing 2% NSR royalty on the project.
For further details, please refer to the Company's news release dated May 29, 2020.
________________________________________
BENTON RESOURCES INC. ("BEX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 12, 2020
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Jun 02, 2020:
Flow-Through Shares: |
|
Number of FT Shares: |
5,006,659 flow through shares |
Purchase Price: |
$0.15 per flow through share |
Non Flow-Through Shares: |
|
Number of Non-FT Shares: |
2,561,846 non flow through shares |
Purchase Price: |
$0.13 per non flow through share |
Warrants: |
2,561,846 share purchase warrants to purchase 2,561,846 shares |
Warrant Initial Exercise Price: |
$0.25 |
Warrant Term to Expiry: |
2 Years |
Number of Placees: |
10 Placees |
Finder's Fee:
Paradigm Capital Inc. |
$24,000.00 cash; 160,000 warrants |
GloRes Capital Inc. |
$15,660.00 cash; 104,400 warrants |
Blue Lakes Advisors |
$18,002.00 cash; 138,480 warrants |
Canaccord Genuity Corp. |
$1,200.00 cash; 9,230 warrantS |
Cupel Advisory Corp. |
$1,350.00 cash; 9,000 warrants |
Finder Warrant Initial Exercise Price: |
$0.25 |
Finder Warrant Term to Expiry: |
24 months |
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.
________________________________________
BENTON RESOURCES INC. ("BEX")
WHITE METAL RESOURCES CORP. ("WHM")
BULLETIN TYPE: Reviewable Transaction
BULLETIN DATE: June 12, 2020
TSX Venture Tier 1 Company for "BEX"
TSX Venture Tier 2 Company for "WHM"
TSX Venture Exchange has accepted for filing an Option Agreement dated May 14, 2020 between Benton Resources Inc. ("Benton") and White Metal Resources Corp. ("WHM"), whereby Benton will acquire up to a 70% interest in the Far Lake Property of WHM, located to the west of Thunder Bay, Ontario. In consideration, Benton will make the following payments to WHM:
Cash |
Securities |
Exploration Work Commitments |
|
Year 1 |
$55,000 |
700,000 |
$200,000 |
Year 2 |
$50,000 |
400,000 |
$200,000 |
Year 3 |
$100,000 |
500,000 |
$300,000 |
Year 4 |
500,000 (2nd Option) |
$300,000 |
|
Year 5 |
$1,000,000 (2nd Option) |
||
Total |
$205,000 |
2,100,000 |
$2,000,000 |
________________________________________
BIG DOUGIE CAPITAL CORP. ("STUV.P")
BULLETIN TYPE: Notice – QT Not Completed – Approaching 24 Months of Listing
BULLETIN DATE: June 12, 2020
TSX Venture Tier 2 Company
The shares of the Company were listed on TSX Venture Exchange on July 11, 2018. The Company, which is classified as a Capital Pool Company ('CPC'), is required to complete a Qualifying Transaction ('QT') within 24 months of its date of listing, in accordance with Exchange Policy 2.4.
The records of the Exchange indicate that the Company has not yet completed a QT. If the Company fails to complete a QT by its 24-month anniversary date of July 13, 2020, the Company's trading status may be changed to a Suspension without further notice, in accordance with Exchange Policy 2.4, Section 14.6.
Further to Exchange bulletin dated March 27, 2020, the shares of the Company are halted from trading.
________________________________________
BRAVADA GOLD CORPORATION ("BVA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 12, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 08, 2020:
Number of Shares: |
8,305,000 shares |
Purchase Price: |
$0.08 per share |
Warrants: |
8,305,000 share purchase warrants to purchase 8,305,000 shares |
Warrant Initial Exercise Price: |
$0.15 |
Warrant Term to Expiry: |
3 Years |
Number of Placees: |
29 Placees |
Finder's Fee: |
|
PI Financial Corp. |
$6,160.00 cash; 77,000 warrants |
Haywood Securities Inc. |
$1,400.00 cash; 17,500 warrants |
Finder Warrant Initial Exercise Price: |
$0.15 |
Finder Warrant Term to Expiry: |
3 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.
________________________________________
GRATOMIC INC. ("GRAT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 12, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 141,250 common shares at a deemed price of $0.08 per share to settle outstanding debt for $11,300.00.
Number of Creditors: |
1 Creditor |
For more information, please refer to the Company's news release dated May 15, 2020.
________________________________________
ISIGN MEDIA SOLUTIONS INC. ("ISD")
BULLETIN TYPE: Warrants for Bonuses
BULLETIN DATE: June 12, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing proposed amendment to an existing $600,700 principal amount secured Promissory Note (the "Note") dated August 8, 2018, with the original maturity date August 31, 2018, which was extended until January 31, 2020, between the Company and Korona Group Ltd (the "Lender"), whereby the maturity date is now further extended until June 30, 2021. The Note will remain secured and non-interest bearing.
Additionally, the Exchange has accepted for filing the issuance of 12,014,000 bonus warrants to the Lender. Each bonus warrant is exercisable into one common share at $0.05 until June 30, 2021.
For further details, please refer to the Company's news release dated June 5, 2020.
________________________________________
NAMIBIA CRITICAL METALS INC. ("NMI")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 12, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,508,412 common shares at a deemed price of $0.25 per share, in settlement of a debt having a deemed value of $377,103:
Number of Creditors: |
11 Creditors |
Non Arm's Length Party / ProGroup Participation:
Name |
Non Arm's Length Party = NP / |
# of shares |
Pine VanWyk |
NP |
402,128 |
Rainer Ellmies |
NP |
270,000 |
Donald Burton |
NP |
231,116 |
Antoine VanWyk |
NP |
131,768 |
Darrin Campbell |
NP |
158,400 |
Janice Stairs |
NP |
90,000 |
Gerald McConnell |
NP |
75,000 |
William Price |
NP |
45,000 |
Steve Kapp |
NP |
45,000 |
Adrian Hickey |
NP |
30,000 |
Mwahafar Ndilula |
NP |
30,000 |
For more information, please refer to the Company's a press release dated June 1, 2020.
________________________________________
NULEGACY GOLD CORPORATION ("NUG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 12, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 18, 2020:
Number of Shares: |
75,000,000 shares |
Purchase Price: |
$0.075 per share |
Warrants: |
37,500,000 share purchase warrants to purchase 37,500,000 shares |
Warrant Exercise Price: |
$0.125 for a two year period |
Number of Placees: |
90 placees |
Insider / Pro Group Participation:
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Gregory T. Chu |
Y |
136,224 |
Aggregate Pro Group Involvement |
P |
250,000 |
[1 placee] |
Finder's Fee: |
An aggregate of $247,864 in cash, 666,666 common shares and 3,274,853 |
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 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.
________________________________________
PREMIER DIVERSIFIED HOLDINGS INC. ("PDH")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 12, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Share Purchase Agreement dated June 2, 2020 between Premier Diversified Holdings Inc. (the "Company"), Initio Medical Group Inc. ("Initio", a wholly-owned subsidiary of the Company) and 2479326 Ontario Inc., whereby the Company is disposing of all of its shares in Initio for a consideration of $200,000.
________________________________________
PRIMELINE ENERGY HOLDINGS INC. ("PEH")
BULLETIN TYPE: Halt
BULLETIN DATE: June 12, 2020
TSX Venture Tier 2 Company
Effective at 7:50 a.m. PST, June 12, 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.
________________________________________
RYU APPAREL INC. ("RYU")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 12, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 4,259,040 shares to settle outstanding debt for $212,952.
Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
SOKOMAN MINERALS CORP. ("SIC")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: June 12, 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: |
2,937,500 |
Original Expiry Date of Warrants: |
June 28, 2020 and June 30, 2020 |
New Expiry Date of Warrants: |
June 30, 2021 |
Exercise Price of Warrants: |
$0.35 |
These warrants were issued pursuant to a private placement of 5,875,000 shares with 2,937,500 share purchase warrants attached, which was accepted for filing by the Exchange effective December 31, 2018.
________________________________________
SOLSTICE GOLD CORP. ("SGC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 12, 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: |
29,969,666 shares |
Purchase Price: |
$0.04 per share |
Warrants: |
29,969,666 share purchase warrants to purchase 29,969,666 shares |
Warrant Exercise Price: |
$0.06 for a three year period |
Number of Placees: |
11 placees |
Insider / Pro Group Participation:
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Michael Gentile |
Y |
11,054,833 |
Kevin Reid |
Y |
11,054,833 |
Element 29 Ventures Ltd. (Chad Ulansky) |
Y |
250,000 |
David Fischer |
Y |
250,000 |
Martin Tunney |
Y |
625,000 |
Blair Schultz |
Y |
1,372,500 |
Christopher Taylor |
Y |
250,000 |
Michael Leskovec |
Y |
250,000 |
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 10, 2020.
________________________________________
TELSON MINING CORPORATION ("TSN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 12, 2020
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 27, 2019, February 14, 2020 and April 27, 2020:
Number of Shares: |
21,424,432 shares |
Purchase Price: |
$0.10 per share |
Warrants: |
10,712,216 share purchase warrants to purchase 10,712,216 shares |
Warrant Exercise Price: |
$0.25 for a two year period, subject to acceleration if at any time after the expiry of the hold period, the closing price of the common shares on the TSXV is equal to or greater than $0.50 for 15 consecutive trading days, the Company may provide notice that the warrants will expire 30 days from the date of a news release advising of the acceleration |
Number of Placees: |
24 placees |
Insider / Pro Group Participation:
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Estrategica Corporativa en Finanzas |
||
S.A.P.I. de C.V. (Roberto Guzman Garcia) |
Y |
7,266,196 |
Enrique Margalef Vergara |
Y |
679,376 |
Ralph Shearing |
Y |
272,000 |
Finder's Fee: |
Canaccord Genuity Corp.receives 15,000 units with the terms as above. |
Georg Hochwimmer receives 21,000 units with the terms as above. |
|
Ruben Alvidrez Ortega receives 325,239 units with the terms as above. |
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 periods on February 4, 2020 and May 27, 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.]
________________________________________
NEX COMPANY :
ZTR ACQUISITION CORP. ("ZTR.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 12, 2020
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 20, 2020:
Number of Shares: |
20,000,000 shares |
Purchase Price: |
$0.05 per share |
Number of Placees: |
32 placees |
Insider / Pro Group Participation:
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Aggregate Pro Group Involvement |
P |
1,250,000 |
[2 placees] |
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.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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