TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, May 20, 2020 /CNW/ -
TSX VENTURE COMPANIES
AUTOMOTIVE FINCO CORP. ("AFCC")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: May 20, 2020
TSX Venture Tier 2 Company
The Issuer has declared the following dividend(s):
Dividend per common share: |
$0.0171 |
Payable Date: |
June 30, 2020 |
Record Date: |
May 29, 2020 |
Ex-dividend Date: |
May 28, 2020 |
________________________________________
CLEAN AIR METALS INC. ("AIR")
[formerly Regency Gold Corp. ("RAU.H")]
BULLETIN TYPE: Reverse Takeover-Completed, Private Placement-Brokered, Name Change, Graduation from NEX to TSX Venture, Resume Trading
BULLETIN DATE: May 20, 2020
NEX Company
TSX Venture Exchange (the "Exchange") has accepted for filing Regency Gold Corp.'s (the "Company") Reverse Takeover ("RTO") as described in its Filing Statement dated May 5, 2020, which includes the following transactions:
Pursuant to the terms of the definitive option agreement dated January 6, 2020, as amended January 27, 2020 entered into between the Company and Benton Resources Inc. ("Benton", TSXV: BEX), the Company has acquired an option to acquire a 100% right, title and interest in and to the Escape Lake Property in Ontario for cash consideration of $3 million, subject to a 1% net smelter return royalty to be retained by Rio Tinto Exploration (Canada) Inc. ("RTEC"). Additional cash payments in the aggregate amount of $3.0 million is payable to RTEC over a three-year period. As well, pursuant to the terms of a definitive share purchase agreement dated January 6, 2020 entered into between the Company and Magma Metals PTY Ltd. ("Magma"), the Company has acquired for $4.5 million cash payment 100% of Panoramic Resources Inc.'s indirect subsidiary, Panoramic PGMs (Canada) Ltd., which owns the Thunder Bay North Project also in Ontario. Additional cash payments in the aggregate amount of $4.5 million is payable to Magma over a three-year period. The Company issued 24,615,884 common shares to Benton as consideration for the initial cash payment to RTEC.
The Exchange has been advised that the above transaction, approved by shareholders by way of written consents, has been completed.
Private Placement – Brokered:
The Exchange has accepted for filing documentation with respect to a Brokered Private Placement of subscription receipts announced on January 23, 24, February 10 and 11, 2020. The subscription receipts have been converted into the following securities:
Number of Shares: |
75,000,000 common shares |
Purchase Price: |
$0.20 per common share |
Warrants: |
37,500,000 share purchase warrants to purchase 37,500,000 shares |
Warrant Exercise Price: |
$0.30 until February 9, 2022 |
Number of Placees: |
95 Placees |
Insider / Pro Group Participation:
Name |
Insider=Y / |
# of Unit |
Dean Chambers |
Y |
250,000 |
James Gallagher |
Y |
500,000 |
Abraham Drost |
Y |
500,000 |
Aggregate Pro Group |
P |
22,667,500 |
[9 Placees] |
Agents Fees:
Paradigm Capital Inc.: |
$515,700 cash and 2,578,500 Agent's Options |
Sprott Capital Partners LP: |
$214,875 cash and 1,072,375 Agent's Options |
Red Cloud Klondike Strike Inc.: |
$85,950 cash and 429,750 Agent's Options |
Mackie Research Capital Corporation: |
$42,957 cash and 214,857 Agent's Options |
NHP Asset Management AG: |
$3,000 cash and 15,000 Agent's Options |
Each Agent's Option is exercisable into one unit at @$0.20 per unit until February 9, 2022.
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 private placement closed on February 11, 2020.
Name Change, Resume Trading
Pursuant to a resolution passed by shareholders on March 31, 2020, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening May 22, 2020, the common shares of Clean Air Metals Inc. will Commence trading on TSX Venture Exchange, and the common shares of Regency Gold Corp. will be Delisted.
Capitalization: Unlimited number of common shares with no par value of which 126,299,266 shares are issued and outstanding
Escrow: 422,224 common shares and 75,000 stock options
Escrow Period: 18 months
Transfer Agent: |
Computershare Investor Services Inc. |
Trading Symbol: |
AIR (new) |
CUSIP Number: |
18452Y100 |
The Company is classified as a " All Other Non-Metallic Mineral Mining and Quarrying" company (NAICS # 212398).
Graduation from NEX to TSX Venture, Resume Trading
The Company has met the requirements to be listed as a TSX Venture Tier 2 Company. Therefore, effective on May 22, 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 Toronto .
Company Contact: |
Mr. Abraham Drost, CEO |
Company Address: |
217 Queen Street West, Suite 401, Toronto, Ontario, Canada M50R2 |
Company Phone Number: |
807-252-7800 |
Company Email Address: |
|
Company Website: |
Effective at the open May 22, 2020, trading in the shares of the Company will Resume.
________________________________________
EUROPEAN RESIDENTIAL REAL ESTATE INVESTMENT TRUST ("ERE.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: May 20, 2020
TSX Venture Tier 1 Company
Further to the Bulletin issued by TSXV on April 15, 2020, the Issuer has advised of the final Canadian equivalent distribution amount per Unit as follows:
Distribution per Unit: |
CDN$0.01333 (final) |
Payable Date: |
May 15, 2020 |
Record Date: |
April 30, 2020 |
________________________________________
EUROPEAN RESIDENTIAL REAL ESTATE INVESTMENT TRUST ("ERE.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: May 20, 2020
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
Distribution per Unit: |
CDN$0.01333 (estimated) |
Payable Date: |
June 15, 2020 |
Record Date: |
May 29, 2020 |
Ex-distribution: |
Date: May 28, 2020 |
________________________________________
INPUT CAPITAL CORP. ("INP")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: May 20, 2020
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
Dividend per common share: |
$0.01 |
Payable Date: |
July 15, 2020 |
Record Date: |
June 30, 2020 |
Ex-dividend Date: |
June 29, 2020 |
________________________________________
MARGARET LAKE DIAMONDS INC. ("DIA")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: May 20, 2020
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated May 7, 2020, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission dated May 6, 2020 has been revoked.
Effective at the opening, Friday, May 22, 2020, trading will be Reinstated in the securities of the Company.
________________________________________
NAVION CAPITAL INC. ("NAVN.P")
BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction within 24 months of Listing
BULLETIN DATE: May 20, 2020
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated April 21, 2020, effective at the open, Friday, May 22, 2020, trading in the shares of the Company will be suspended, the Company having failed to complete a Qualifying Transaction within 24 months of its listing.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
Further to Exchange bulletin dated April 23, 2020, the shares of the Company were Halted from trading.
________________________________________
RIDER INVESTMENT CAPITAL CORP. ("RDR.P")
BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction within 24 months of Listing
BULLETIN DATE: May 20, 2020
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated April 21, 2020, effective at the open, Friday, May 22, 2020, trading in the shares of the Company will be suspended, the Company having failed to complete a Qualifying Transaction within 24 months of its listing.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
Further to Exchange bulletin dated February 26, 2020, the shares of the Company were Halted from trading.
________________________________________
SPECTRA7 MICROSYTEMS INC. ("SEV")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: May 20, 2020
TSX Venture Tier 2 Company
New Listing-Shares:
Effective at the opening Friday, May 22, 2020, the common shares of the Company will commence trading on TSX Venture Exchange. The Company is classified as a 'Technology' company.
The Company will be delisted from the Toronto Stock Exchange at the close of business on Thursday, May 21, 2020.
Corporate Jurisdiction: |
CBCA |
|
Capitalization: |
Unlimited |
common shares with no par value of which |
510,731,783 |
common shares are issued and outstanding |
|
Escrowed Shares: |
nil |
common shares subject to Escrow |
Transfer Agent: |
Computershare Trust Company of Canada |
Trading Symbol: |
SEV |
CUSIP Number: |
84761T 10 9 |
Company Contact: |
Darren Ma |
Company Address: |
2550 N 1st St #500, |
San Jose, |
|
CA 95131 |
|
Company Phone Number: |
(408) 770-2915 |
Company Email Address: |
________________________________________
STARLIGHT U.S. MULTI-FAMILY (NO.1) CORE PLUS FUND ("SCPO.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: May 20, 2020
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
Distribution per Unit: |
$0.0375 |
Payable Date: |
June 15, 2020 |
Record Date: |
May 29, 2020 |
Ex-distribution Date: |
May 28, 2020 |
________________________________________
TERRA FIRMA CAPITAL CORPORATION ("TII")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: May 20, 2020
TSX Venture Tier 2 Company
The Issuer has declared the following dividend(s):
Dividend per common share: |
$0.05 |
Payable Date: |
July 15, 2020 |
Record Date: |
June 30, 2020 |
Ex-dividend Date: |
June 29, 2020 |
________________________________________
20/05/19 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
ADVANCED PROTEOME THERAPEUTICS CORPORATION ("APC")
BULLETIN TYPE: Warrant Price Amendment, Warrant Term Extension
BULLETIN DATE: May 20, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the reduction in the exercise price of the following warrants:
Private Placement:
# of Warrants: |
2,150,000 |
Original Expiry Date of Warrants: |
June 4, 2020, June 20, 2020 |
New Expiry Date of Warrants: |
August 31, 2020 |
Forced Exercise Provision: |
If the closing price for the Company's shares is $0.125 or greater for a period of 10 consecutive trading days, then the warrant holders will have 30 days to exercise their warrants; otherwise the warrants will expire on the 31st day. |
Original Exercise Price of Warrants: |
$0.15 |
New Exercise Price of Warrants: |
$0.10 |
These warrants were issued pursuant to a private placement of 4,300,000 shares with 2,150,000 share purchase warrants attached, which was accepted for filing by the Exchange effective July 3, 2019.
________________________________________
BEE VECTORING TECHNOLOGIES INTERNATIONAL INC. ("BEE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 20, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 19, 2020:
Number of Shares: |
1,999,576 shares |
Purchase Price: |
$0.33 per share |
Warrants: |
1,999,576 share purchase warrants to purchase 1,999,576 shares |
Warrant Initial Exercise Price: |
$0.5375 |
Warrant Term to Expiry: |
2 Years (subject to an accelerated exercise provision in the event the 10 day VWAP is equal to or greater than a 100% premium to the warrant exercise price) |
Number of Placees: |
15 Placees |
Finder's Fee: |
|
Canaccord Genuity Corp. |
$9,817.50 cash; 29,750 warrants; same accelerated exercise terms as placee warrants. |
Finder Warrant Initial Exercise Price: |
$0.5375 |
Finder Warrant Term to Expiry: |
Two years - same as placee warrants |
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.
________________________________________
CANADA NICKEL COMPANY INC. ("CNC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 20, 2020
Tier 2 Company
TSX Venture Exchange (the "Exchange") has accepted for filing documentation pertaining to a Memorandum of Agreement dated March 2, 2020, Asset Purchase Agreement (the "Purchase Agreement"), Option and Joint Venture Agreements (the "Options") and Partial Assignment Agreement (the "Partial Assignment Agreement" and together with the Purchase Agreement and the Options, the "Agreements") dated May 14, 2020, between the Company and Noble Mineral Exploration Inc. ("Noble"), whereby the Company has agreed to acquire the Crawford Annex property (the "Annex"), which covers 5,383 hectares, and the option to acquire up to 80% interest in five distinct areas, together covering 13,780 hectares, of Noble's Project 81 (the "Optioned Property") and entered into a partial assignment agreement, whereby CNC will be assigned a portion of the right to purchase the title to the surface rights of up to 15,000 hectares appurtenant to the patented mineral rights that make up part of Project 81.
Under the terms of the Agreements, the Company has agreed to acquire the Annex and the Options in exchange for an aggregate of $500,000 in cash, part of which will be offset by the $250,000 principal amount of the promissory note from Noble dated February 7, 2020, and 500,000 common shares of CNC. In order to satisfy the Options' conditions, CNC must spend up to $1,500,000 in exploration expenses on each Optioned Property within three years from closing and pay additional $250,000 in cash or, at Noble's election subject to TSXV approval, shares of CNC. CNC and Noble will form a joint venture at the applicable pro rata share, once the minimum 60% interest is earned by CNC, and Noble will be granted 2% net smelter return royalty on the applicable Optioned Property. Noble will be entitled to receive an aggregate of up to $4,625,000 in cash according to the terms of the Partial Assignment Agreement. The above-noted transactions were approved by way of written consents from CNC's disinterested shareholders.
________________________________________
COLIBRI RESOURCE CORPORATION ("CBI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 20, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 15, 2020:
Number of Shares: |
2,000,000 shares |
Purchase Price: |
$0.05 per share |
Number of Placees: |
4 Placees |
Insider / Pro Group Participation:
Name |
Insider=Y / |
# of Shares |
Ian McGavney |
Y |
100,000 |
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.
________________________________________
DEEP-SOUTH RESOURCES INC. ("DSM")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 20, 2020
TSX Venture Tier 2 Company
Effective at 7:15 a.m. PST, May 20, 2020, shares of the Company resumed trading, an announcement having been made.
________________________________________
GIYANI METALS CORP. ("EMM")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 20, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,829,023 common shares to settle outstanding debt for CAD$192,047.63.
Number of Creditors: |
10 Creditors |
Insider / Pro Group Participation:
Creditor |
Insider=Y / |
Amount |
Deemed Price |
# of Shares |
Jonathan Henry |
Y |
$30,000 |
$0.105 |
285,714 |
John Petersen |
Y |
$22,537 |
$0.105 |
214,638 |
Eugene Lee |
Y |
$30,000 |
$0.105 |
285,714 |
Buey Invest (Barbados) |
||||
Inc. (Robin Birchall) |
Y |
$30,000 |
$0.105 |
285,714 |
Specus Management Consulting |
||||
Inc. (Wajd Boubou) |
Y |
$10,000 |
$0.105 |
95,238 |
GMS Capital |
||||
Limited (Thomas Horton) |
Y |
$5,000 |
$0.105 |
47,619 |
For further information, please refer to the Company's news release dated May 06, 2020 and May 19, 2020.
________________________________________
GREENBRIAR CAPITAL CORP. ("GRB")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 20, 2020
TSX Venture Tier 2 Company
Effective at 6:30 a.m. PST, May 20, 2020, shares of the Company resumed trading, an announcement having been made.
________________________________________
KOMET RESOURCES INC. ("KMT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 20, 2020
TSX Venture Tier 2 Company
Effective at 6:30 a.m. PST, May 20, 2020, shares of the Company resumed trading, an announcement having been made.
________________________________________
MELKIOR RESOURCES INC. ("MKR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 20, 2020
TSX Venture Tier 2 Company
Effective at 7:15 a.m. PST, May 20, 2020, shares of the Company resumed trading, an announcement having been made.
________________________________________
NOBLE MINERAL EXPLORATION INC. ("NOB")
BULLETIN TYPE: Reviewable Transaction
BULLETIN DATE: May 20, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Memorandum of Agreement dated March 2, 2020, Asset Purchase Agreement (the "Purchase Agreement"), Option and Joint Venture Agreements (the "Options") and Partial Assignment Agreement (the "Partial Assignment Agreement" and together with the Purchase Agreement and the Options, the "Agreements") dated May 14, 2020, between the Company and Canada Nickel Company Inc. ("CNC"), whereby the Company has agreed to sell Crawford Annex property (the "Annex"), which covers 5,383 hectares, grant option to CNC to acquire up to 80% interest in five distinct areas, together covering 13,780 hectares, of the Company's Project 81 (the "Optioned Property") and entered into a partial assignment agreement, whereby the Company will assign to CNC a portion of the Company's right to purchase the title to the surface rights of up to 15,000 hectares appurtenant to the patented mineral rights that make up part of Project 81.
Under the terms of the Agreements, the Company has agreed to sell the Annex and grant the Options in exchange for an aggregate of $500,000 in cash, part of which will be offset by the Company's promissory note to CNC of $250,000 principal amount dated February 7, 2020, and 500,000 common shares of CNC. In order to satisfy the Options' conditions, CNC must spend up to $1,500,000 in exploration expenses on each Optioned Property within three years from closing and pay additional $250,000 in cash or, at the Company's election, shares of CNC. The Company and CNC will form a joint venture at the applicable pro rata share, once the minimum 60% interest in Optioned Property is earned by CNC, and the Company will be granted 2% net smelter return royalty on the applicable Optioned Property. The Company will be entitled to receive an aggregate of up to $4,625,000 in cash according to the terms of the Partial Assignment Agreement. The above-noted transactions were approved by the Company's disinterested shareholders at the Annual General and Special Meeting held on May 5, 2020.
For more information, please refer to the Company's news releases dated March 4, 2020, April 6, 2020, May 12, 2020 and May 20, 2020.
________________________________________
NXGOLD LTD. ("NXN")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: May 20, 2020
TSX Venture Tier 2 Company
Pursuant to Policy 1.2, TSX Venture Exchange has been advised of and accepted the change of the Filing and Regional Office from Vancouver to Toronto.
________________________________________
PINEDALE ENERGY LIMITED ("MCF")
BULLETIN TYPE: Halt
BULLETIN DATE: May 20, 2020
TSX Venture Tier 2 Company
Effective at 4:52 a.m. PST, May 20, 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.
________________________________________
POINT LOMA RESOURCES LTD. ("PLX") ("PLX.WT")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: May 20, 2020
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin and a Press Release both dated May 19, 2020, effective Wednesday, May 20, 2020, trading in the shares of the Company will remain halted for failure to maintain Exchange Requirements.
________________________________________
POWERORE INC. ("PORE")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: May 20, 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: |
2,566,666 Flow-through and 6,920,000 Non Flow-through. |
Original Expiry Date of Warrants: |
June 1, 2020 |
New Expiry Date of Warrants: |
June 1, 2023 |
Exercise Price of Warrants: |
$0.10 Flow-through and $0.08 Non Flow-through. |
These warrants were issued pursuant to a private placement of 18,973,332 shares with 9,486,666 share purchase warrants attached, which was completed while the Company was private.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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