TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, BC, May 9, 2022 /CNW/ -
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: May 9, 2022
TSX Venture Companies
A Cease Trade Order has been issued by the British Columbia Securities Commission on May 6, 2022 against the following companies for failing to file the documents indicated within the required time period:
Symbol |
Tier |
Company |
Failure to File |
Period Ending (Y/M/D) |
AMO |
2 |
Altan Rio Minerals |
Annual audited financial statements for the year.
|
2021/12/31 |
AAT |
2 |
ATI Airtest |
Annual management's discussion and analysis for the year.
|
2021/12/31 |
BMR |
2 |
Battery Mineral |
Certification of annual filings for the year.
|
2021/12/31 |
CVM |
2 |
CVR Medical Corp. |
||
TNA |
2 |
Evergreen Gaming |
||
ICAU |
2 |
Intercontinental Gold |
Upon revocation of the Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements. Members are prohibited from trading in the securities of the companies during the period of the suspension or until further notice.
________________________________________
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: May 9, 2022
TSX Venture Companies
A Cease Trade Order has been issued by the Ontario Securities Commission on May 6, 2022 against the following companies for failing to file the documents indicated within the required time period:
Symbol |
Tier |
Company |
Failure to File |
Period Ending (Y/M/D) |
ENTG ENTG.WT.A ENTG.DB ENTG.WT
|
1 |
Entourage Health Corp. |
Audited annual financial statements for the year. |
2021/12/31 |
FGC |
2 |
Frontline Gold Corporation |
Management's discussion and analysis relating to the audited annual financial statements for the year.
|
2021/12/31 |
MIMI |
1 |
Mimi's Rock Corp. |
Certification of the foregoing filings as required by National Instrument 52-109 Certification of Disclosure in Issuers' Annual and Interim Filings. |
|
PRSN |
1 |
Personas Social Incorporated |
||
SGA |
2 |
Samco Gold Limited |
||
FLWR |
1 |
The Flowr Corporation |
||
TSD |
2 |
Tsodilo Resources Limited |
Upon revocation of the Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements. Members are prohibited from trading in the securities of the companies during the period of the suspension or until further notice.
________________________________________
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: May 9, 2022
TSX Venture Company
A Cease Trade Order has been issued by the Alberta and Ontario Securities Commissions on May 6, 2022 against the following company for failing to file the documents indicated within the required time period:
Symbol |
Tier |
Company |
Failure to File |
Period Ending(Y/M/D) |
CHS |
2 |
Comprehensive Healthcare Systems Inc. |
Annual audited financial statements, annual management's discussion and analysis and certification of the annual filings for the year. |
2021/12/31 |
Upon revocation of the Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements. Members are prohibited from trading in the securities of the companies during the period of the suspension or until further notice.
________________________________________
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: May 9, 2022
NEX Company
A Cease Trade Order has been issued by the Ontario Securities Commission on May 6, 2022 against the following company for failing to file the documents indicated within the required time period:
Symbol |
Company |
Failure to File |
Period Ending (Y/M/D) |
|
CLI.H |
NEX |
Clearford Water Systems Inc. |
Audited annual financial statements for the year. |
2021/12/31 |
Management's discussion and analysis relating to the audited annual financial statements for the year.
|
2021/12/31 |
|||
Certification of the foregoing filings as required by National Instrument 52-109 Certification of Disclosure in Issuers' Annual and Interim Filings. |
Upon revocation of the Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements. Members are prohibited from trading in the securities of the companies during the period of the suspension or until further notice.
________________________________________
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: May 9, 2022
NEX Company
A Cease Trade Order has been issued by the British Columbia Securities Commission on May 6, 2022 against the following company for failing to file the documents indicated within the required time period:
Symbol |
Company |
Failure to File |
Period Ending (Y/M/D) |
|
VRD.H |
NEX |
VIRIDIS HOLDINGS CORP. |
Annual audited financial statements for the year.
|
2021/12/31 |
Annual management's discussion and analysis for the year.
|
2021/12/31 |
|||
Certification of annual filings for the year.
|
2021/12/31 |
Upon revocation of the Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements. Members are prohibited from trading in the securities of the companies during the period of the suspension or until further notice.
________________________________________
A.I.S. RESOURCES LIMITED ("AIS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 9, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Temporary Relief Non-Brokered Private Placement announced April 5, 2022 and April 6, 2022:
Number of Shares: 16,240,000 shares
Purchase Price: $0.035 per share
Warrants: 16,240,000 share purchase warrants to purchase 16,240,000 shares
Warrant Exercise Price: $0.05 for a one-year period
Number of Placees: 24 placees
Insider / Pro Group Participation:
Name Insider=Y / ProGroup=P # of Shares
Martyn Element Y 1,142,857
Anthony Balme Y 1,460,000
Carter Capital (Anthony Balme) Y 720,000
Panopus Plc (Phillip Thomas) Y 1,714,286
Kiki Smith Y 400,000
Finder's Fee: PI Financial Corp. - $766.50
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release dated May 6, 2022 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.
________________________________________
ANDEAN PRECIOUS METALS CORP. ("APM")
BULLETIN TYPE: Halt
BULLETIN DATE: May 9, 2022
TSX Venture Tier 1 Company
Effective at 7:14 a.m. PST, May 09, 2022, 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.
_______________________________________
ANDEAN PRECIOUS METALS CORP. ("APM")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 9, 2022
TSX Venture Tier 1 Company
Effective at 9:15 a.m. PST, May 09, 2022, shares of the Company resumed trading, an announcement having been made.
________________________________________
ANGKOR RESOURCES CORP. ("ANK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 9, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on May 4, 2022:
Number of Units: 4,458,333 units ("Units"). Each Unit consist of one (1) common share in the capital of the Company and one (1) common share purchase warrant.
Purchase Price: $0.12 per share
Warrants: 4,458,333 share purchase warrants to purchase 4,458,333 shares
Warrant Exercise Price: $0.16 for a period of twenty-four (24) months from the closing date of the offering, subject to an acceleration clause.
Number of Placees: 9 placees
Insider / Pro Group Participation:
Name Insider=Y / ProGroup=P # of Units
Delayne Weeks Y 833,333
Steven Cochrane Y 83,333
Finder's Fee: None
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release May 4, 2022 announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
________________________________________
ARCWEST EXPLORATION INC. ("AWX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 9, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Portable Assessment Credit Purchase Agreement dated April 28, 2022 between the Company and Geofine Exploration Consultants Ltd. (Iris Molloy and Janine Calder) whereby the Company has acquire $2,732,415 in British Columbia Portable Assessment Credits. Consideration is $37,500 and 451,807 common shares.
________________________________________
CGX ENERGY INC. ("OYL")
BULLETIN TYPE: Halt
BULLETIN DATE: May 9, 2022
TSX Venture Tier 2 Company
Effective at 6:09 a.m. PST, May 09, 2022, 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.
________________________________________
CGX ENERGY INC. ("OYL")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 9, 2022
TSX Venture Tier 2 Company
Effective at 7:45 a.m. PST, May 09, 2022, shares of the Company resumed trading, an announcement having been made.
________________________________________
ESE ENTERTAINMENT INC. ("ESE")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: May 9, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 11, 2022:
Convertible Debenture $1,680,000. Each convertible debenture note consist of $1,000 principal amount ("Principal") convertible into common shares of the Company ("Shares") at a conversion price of $1.60
Conversion Price: Convertible into shares at a price per share equal to $1.60 of principal until maturity.
Maturity date: 24 months from April 21, 2022
Detachable Warrants: Each of the 525,840 warrants will have a term of two years from the date of issuance of the notes and entitle the holder to purchase one common share. The warrants are exercisable at the price of $1.60 over a two-year period.
Interest rate: 10% per annum
Number of Placees: 53 placees
Insider / Pro Group Participation:
Name Insider=Y / ProGroup=P # of Securities
Aggregate Pro Group Involvement P 15 convertible debenture notes
and 4,695 detachable warrants
[1 placee]
Finder's Fee:
$6,580 and 4,113 finder's warrants payable to Aligned Capital Partners Inc.
$110,950 and 69,344 finder's warrants payable to Echelon Wealth Partners Inc.
Each finder's warrant may be exercised at $1.60 per share for a two-year period.
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 on April 14 and 21, 2022 and setting out the expiry dates of the hold period(s).
________________________________________
FRANCHISE GLOBAL HEALTH INC. ("FGH")
BULLETIN TYPE: Halt
BULLETIN DATE: May 9, 2022
TSX Venture Tier 1 Company
Effective at 5:15 a.m. PST, May 09, 2022, 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.
________________________________________
FREDONIA MINING INC. ("FRED")
BULLETIN TYPE: Private Placement – Brokered
BULLETIN DATE: May 9, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced April 6, 2022 and April 7, 2022:
Number of Shares: 22,606,779 common share units ("Units"). Each Unit consists of one common share and one common share purchase warrant.
Purchase Price: $0.18 per Unit
Warrants: 22,606,779 share purchase warrants to purchase 22,606,779 common shares
Warrant Price: $0.28 exercisable for a period of five years from the date of issuance
Number of Placees: 32 placees
Insider / Pro Group Participation:
Name Insider= Y / ProGroup= P Number of Units
Ali-Hossein Mahdavi Y 277,778
Estanislao Auriemma Y 277,778
Michael Doolan Y 140,000
Waldo Perez Y 555,556
Ricardo Auriemma Y 277,778
Finder's Fees: $17,507 cash commission was paid to Paradigm Capital Inc., which was distributed to the Selling Group (Haywood Securities Inc., Richardson Wealth Limited, CIBC, Echelon Wealth Partners Inc., Raymond James Ltd., Scotia Capital Inc. and Questrade, Inc.). In lieu of cash, Paradigm Capital Inc. was paid 1,485,213 Compensation Units and 1,582,475 Compensation Warrants (non-transferable). Each Compensation Unit will consist of one common share of the Company and one common share purchase warrant exercisable for $0.28 for a period of five years from the date of issuance. Each Compensation Warrant is exercisable for $0.18 per share, expiring the day before the two year anniversary of issuance.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release announcing the closing of the private placement setting out the expiry dates of the hold period(s) on April 27, 2022.
__________________________________
ISIGN MEDIA SOLUTIONS INC. ("ISD")
BULLETIN TYPE: Convertible Debenture/s, Amendment
BULLETIN DATE: May 9, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the amendment replacement of the following convertible debenture:
Convertible Debenture $324,404 (originally 2 debentures totaling $250,000)
Original Conversion Price: Convertible into common shares at $0.095 and $0.12
Amended Conversion Price: Convertible into common shares at $0.05 in the first year and at $0.10 in the second year
Original Maturity Date(s): September 29, 2017 and October 28, 2017
Amended Maturity Date: May 9, 2024
Original Warrant Terms: Each warrant had a term of two years from the date of issuance of the notes and entitled the holder to purchase one common share. The warrants were exercisable at the price of $0.12 and $0.15.
Amended Warrant Terms: 6,488,080 warrants issuable upon conversion, each warrant will have a term of two years from the date of issuance, and be exercisable into one common share at a price of $0.0625.
Original Interest Rate: 10%
Amended Interest Rate: 12%
The convertible debenture/s were issued pursuant to a private placement which were originally accepted for filing by the Exchange effective September 29, 2016, and November 1, 2016.
For further information, please refer to the Company's press release dated April 28, 2022.
________________________________________
JACK NATHAN MEDICAL CORP. ("JNH")
BULLETIN TYPE: Halt
BULLETIN DATE: May 9, 2022
TSX Venture Tier 1 Company
Effective at 5:01 a.m. PST, May 9, 2022, 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.
________________________________________
JACK NATHAN MEDICAL CORP. ("JNH")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 9, 2022
TSX Venture Tier 1 Company
Effective at 6:45 a.m. PST, May 09, 2022, shares of the Company resumed trading, an announcement having been made.
________________________________________
MAGNUM GOLDCORP INC. ("MGI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 9, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on March 29, 2022:
Number of Shares: 3,000,000 shares
Purchase Price: $0.05 per share
Warrants: 3,000,000 share purchase warrants to purchase 3,000,000 shares
Warrant Exercise Price: $0.10 for a five year period
Number of Placees: 5 placees
Insider / Pro Group Participation:
Name Insider=Y / ProGroup=P # of Shares
Waterfront Capital Partners Inc. Y 500,000
(Douglas Mason)
Kennedy Hill Financial Group Inc. Y 1,000,000
(Daniel Evans)
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release ON May 3, 2022 announcing the closing of the private placement and setting out the expiry dates of the hold period.
________________________________________
SONORO GOLD CORP. ("SGO")
BULLETIN TYPE: Halt
BULLETIN DATE: May 9, 2022
TSX Venture Tier 2 Company
Effective at 6:52 a.m. PST, May 09, 2022, 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.
________________________________________
SONORO GOLD CORP. ("SGO")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 9, 2022
TSX Venture Tier 2 Company
Effective at 7:45 a.m. PST, May 9, 2022, shares of the Company resumed trading, an announcement having been made.
________________________________________
TRIGON METALS INC. ("TM")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: May 9, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 28, 2022:
Convertible Debenture $5,500,000 (the "Principal")
Conversion Price: Convertible into shares at $0.335 per share of the Principal outstanding less a closing fees of $165,000
Maturity date: May 4, 2024 - 24 months from the date of closing
Interest rate: 10% per annum. Interest may be paid in cash or in shares with separate Exchange approval.
Warrants: 15,925,373 share purchase warrants to purchase 15,925,373 shares
Warrant Exercise Price: $0.35 per share for a period of 24 months expiring on May 4, 2024
Number of Placees: 1 placee
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued news releases dated May 4, 2022, announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
________________________________________
VIVA GOLD CORP. ("VAU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 9, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 28, 2022 and May 6, 2022:
Number of Shares: 35,966,666 shares
Purchase Price: $0.12 per share
Number of Placees: 6 placees
Insider / Pro Group Participation:
Name Insider=Y / ProGroup=P # of Shares
RAB Capital
(William Philip Seymour Richards) Y 5,000,000
Dundee Resources Limited
(Jonathan Goodman) Y 18,300,000
Finder's Fee: $134,760 cash payable to Dundee Goodman Merchant Partners
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 Company must also issue a news release if the private placement does not close promptly.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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