TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, BC, Nov. 28, 2022 /CNW/ -
TSX VENTURE COMPANIES
EMERGE COMMERCE LTD. ("ECOM") ("ECOM.WT")
BULLETIN TYPE: Prospectus-Debenture Unit Offering, New Listing-Warrants
BULLETIN DATE: November 28, 2022
TSX Venture Tier 1 Company
The Company's Prospectus Supplement dated November 3, 2022, to a Short Form Base Shelf Prospectus dated April 8, 2022, was filed with and accepted by the TSX Venture Exchange. The Base Shelf Prospectus was filed with and receipted by the Ontario Securities Commission on April 8, 2022. A receipt of the Based Shelf Prospectus was also deemed to be issued by British Columbia, Alberta, Saskatchewan, Manitoba, Quebec, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador Securities Commissions.
TSX Venture Exchange has been advised that the closing of the offering occurred on November 24, 2022, for gross proceeds of $2,781,000.
Offering: |
2,781 Debenture Units at a price of $1,000 per Debenture Unit. |
Unit Price: |
Each Debenture Unit will consist of one 10.0% senior unsecured convertible debenture of the Company in the principal amount of $1,000 (each a "Convertible Debenture") and 4,000 common share purchase warrants of the Company (each a "Warrant"). The Convertible Debentures will bear interest at a rate of 10.0% per annum from the date of issue, payable quarterly in cash, and will mature thirty-six (36) months from the closing of the offering (the "Maturity Date"). |
The principal amount of each Convertible Debenture will be convertible, for no additional consideration, at the option of the holder in whole or in part at any time and from time to time into common shares of the Company prior to the earlier of: (i) the close of business on the Maturity Date, and (ii) the business day immediately preceding the date specified by the Company for redemption of the Convertible Debentures upon a Change of Control (as defined in the Prospectus Supplement), at a conversion price equal to $0.20, subject to adjustment in certain events. For greater clarity, any accrued and unpaid interest on the Convertible Debentures will be settled through cash payment only. |
|
Each Warrant will entitle the holder thereof to purchase one common share at an exercise price of $0.25 for a period of 36 months following the closing date. |
|
Agent(s): |
Echelon Wealth Partners Inc., Raymond James |
Ltd., Gravitas Securities Inc. and Canaccord Genuity Corp. |
|
Agent(s) Commission: |
An aggregate of $222,480.00 and 1,112,400 non-transferable broker warrants payable to the Agents. Each broker warrant entitles the holder to acquire one common share at an exercise price of $0.25 for a period of 36 months following the closing date of the offering. |
Over-allotment Option: |
The Agents have been granted an over-allotment option to purchase up to an additional 15% of the Debenture Units pursuant to the offering. This over-allotment option is exercisable in whole or in part at any time for a period of 30 days following the closing date. |
Listing of Warrants:
Effective at the opening on Wednesday, November 30, 2022, the Warrants will commence trading on TSX Venture Exchange. The Company is classified as an "Advertising And Related Services" company.
Corporate Jurisdiction: |
Ontario |
Capitalization: |
up to 18,400,000 warrants created and authorized, of which 11,124,000 are issued and outstanding |
Transfer Agent: |
TSX Trust Company |
Trading Symbol: |
ECOM.WT |
CUSIP Number: |
29104G132 |
These warrants were issued under a warrant indenture dated November 24, 2022, pursuant to the Company's Prospectus Supplement dated November 3, 2022. Each warrant entitles the holder to purchase one common share of the Company at a price of $0.25 until November 24, 2025.
For further details, please refer to the Prospectus Supplement dated November 3, 2022 (filed on SEDAR), and news releases dated November 1, 2022, November 21, 2022 and November 24, 2022.
______________________________________
22/11/28 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
BLUE STAR GOLD CORP. ("BAU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 28, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on October 25, 2022:
Number of Shares: |
4,000,000 shares |
Purchase Price: |
$0.25 per share |
Number of Placees: |
1 placee |
Insider / Pro Group Participation: |
||
Placees |
# of Placee (s) |
Aggregate # of Shares |
Aggregate Existing Insider Involvement: |
1 |
4,000,000 |
Aggregate Pro Group Involvement: |
N/A |
N/A |
Finder's Fee: N/A |
The Company issued a news release on November 24, 2022 confirming closing of the private placement.
________________________________________
COLOURED TIES CAPITAL INC. ("TIE")
BULLETIN TYPE: Halt
BULLETIN DATE: November 28, 2022
TSX Venture Tier 1 Company
Effective at 12:37 p.m. PST, Nov. 25, 2022, 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.
________________________________________
COLOURED TIES CAPITAL INC. ("TIE")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 28, 2022
TSX Venture Tier 1 Company
Effective at 8:30 a.m. PST, Nov. 28, 2022, shares of the Company resumed trading, an announcement having been made.
________________________________________
E3 LITHIUM LTD. ("ETL")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 28, 2022
TSX Venture Tier 1 Company
Effective at 7:45 a.m. PST, Nov. 28, 2022, shares of the Company resumed trading, an announcement having been made.
________________________________________
OLIVE RESOURCE CAPITAL INC. ("OC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 28, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Limited Partnership Unit Purchase Agreement (the "Agreement") dated November 18, 2022, among the Company and several arm's length parties, whereby the Company has agreed to acquire 100% of the limited partnership units in Norvista Capital I Limited Partnership, a limited partnership formed under the laws of the Province of Ontario, which holds cash and equity assets in a number of natural resource mining companies. (the Property").
Under the terms of the Agreement, the Company has agreed to issue 10,373,961 common shares as consideration for the Property.
For more information, please refer to the Company's news releases dated November 21, 2022.
________________________________________
POND TECHNOLOGIES HOLDINGS INC. ("POND")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 28, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on November 1, 2022:
Number of Shares: |
3,750,000 common shares |
Purchase Price: |
$0.12 per share |
Number of Placees: |
3 placees |
Insider / Pro Group Participation: |
||
Placees |
# of Placee (s) |
Aggregate # of Shares |
Aggregate Existing Insider Involvement: |
2 |
2,900,000 |
Aggregate Pro Group Involvement: |
N/A |
N/A |
Finder's Fee: N/A |
The Company issued a news release on November 16, 2022 confirming closing of the private placement.
________________________________________
TRU PRECIOUS METALS CORP. ("TRU")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 28, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 500,000 shares to settle outstanding debt for $40,000.
Number of Creditors: 1 Creditor
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
NEX COMPANY:
OCEANIC WIND ENERGY INC. ("NKW.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 28, 2022
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on October 28, 2022:
Number of Shares: |
5,000,840 shares |
Purchase Price: |
$0.05 per share |
Warrants: |
5,000,840 share purchase warrants to purchase 5,000,840 shares |
Warrant Exercise Price: |
$0.07 for a one-year period |
Number of Placees: |
11 placees |
Insider / Pro Group Participation: |
||
Placees |
# of Placee (s) |
Aggregate # of Shares |
Aggregate Existing Insider Involvement: |
5 |
2,800,000 |
Aggregate Pro Group Involvement: |
2 |
1,000,000 |
Finder's Fee: N/A |
The Company issued a news release on November 25, 2022 confirming closing of the private placement.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
Share this article