TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, May 21, 2020 /CNW/ -
TSX VENTURE COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: May 21, 2020
TSX Venture Company
A Cease Trade Order has been issued by the BC & ON Securities Commissions on May 20, 2020 against the following company for failing to file the documents indicated within the required time periods:
Symbol |
Tier |
Company |
Failure to File |
Period Ending (Y/M/D) |
PPX |
2 |
PPX Mining Corp. |
Annual audited financial statements for the year.
|
2019/09/30 |
Interim financial report for the period.
|
2019/12/31 |
|||
Management's discussion and analysis for the periods.
|
2019/09/30 & 2019/12/31 |
|||
Certification of annual and interim filings for the periods.
|
2019/09/30 & 2019/12/31 |
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.
________________________________________
AUXLY CANNABIS GROUP INC. ("XLY.WT")
BULLETIN TYPE: Warrant Expiry-Delist
BULLETIN DATE: May 21, 2020
TSX Venture Tier 2 Company
Effective at the opening May 28, 2020, the Share Purchase Warrants of the Company will trade for cash. The Warrants expire June 01, 2020 and will therefore be delisted at the close of business June 01, 2020.
TRADE DATES
May 28, 2020 - TO SETTLE – May 29, 2020
May 29, 2020 - TO SETTLE – June 01, 2020
June 01, 2020 - TO SETTLE – June 01, 2020
The above is in compliance with Trading Rule C.2.18 – Expiry Date:
Trading in the warrants shall be for cash for the two trading days preceding the expiry date and also on expiry date. On the expiry date, trading shall cease at 12 o'clock noon E.T. and no transactions shall take place thereafter except with permission of the Exchange.
________________________________________
FIRM CAPITAL AMERICAN REALTY PARTNERS TRUST ("FCA.WT.U")
BULLETIN TYPE: Warrant Expiry-Delist
BULLETIN DATE: May 21, 2020
TSX Venture Tier 1 Company
Effective at the opening, May 27, 2020, the Share Purchase Warrants of the Company will trade for cash. The Warrants expire May 29, 2020 and will therefore be delisted at the close of business May 29, 2020.
TRADE DATES
May 27, 2020 - TO SETTLE – May 28, 2020
May 28, 2020 - TO SETTLE – May 29, 2020
May 29, 2020 - TO SETTLE – May 29, 2020
The above is in compliance with Trading Rule C.2.18 – Expiry Date:
Trading in the warrants shall be for cash for the two trading days preceding the expiry date and also on expiry date. On the expiry date, trading shall cease at 12 o'clock noon E.T. and no transactions shall take place thereafter except with permission of the Exchange.
________________________________________
VOX ROYALTY CORP. ("VOX")
[formerly AIM3 Ventures Inc. ("AIMC.P")]
BULLETIN TYPE: Qualifying Transaction-Completed, Private Placement-Brokered, Name Change and Consolidation, Company Tier Reclassification, Resume Trading
BULLETIN DATE: May 21, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing AIM3 Ventures Inc.'s (the "Company") Qualifying Transaction ("QT") described in its Filing Statement dated May 12, 2020 (the "Filing Statement"). As a result, at the opening on Monday, May 25, 2020, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following:
Pursuant to the Business Combination Agreement dated February 26, 2020, the Company and SilverStream SEZC ("SilverStream") completed a merger (the "Merger"), whereby SilverStream and a wholly-owned subsidiary of the Company have merged under the laws of the Cayman Islands, with SilverStream continuing as the surviving entity and a wholly-owned subsidiary of the Company.
Prior to the completion of the Merger, SilverStream completed the acquisition of the Conditional Royalties and conversion of notes (the "SilverStream Concurrent Transactions") as described in the Filing Statement. As a result, the Company issued an aggregate of 26,689,392 post-consolidated shares to the shareholders of SilverStream in the Merger, (a slight increase of 22,725 post-consolidation shares compared with the 26,666,667 post-consolidation shares disclosed in the Filing Statement, due to changes the number of SilverStream shares issued in the SilverStream Concurrent Transactions as a result of changes in foreign exchange rates), excluding the shares issued in the concurrent financing described in the next section.
Private Placement - Brokered
Prior to the completion of the QT, SilverStream completed a Brokered Private Placement of subscription receipts which have been exchanged into the following securities on a post-consolidation basis in the Resulting Issuer:
Number of Shares: |
4,579,361 common shares |
Purchase Price: |
$3 per common share |
Warrants: |
2,289,667 common share purchase warrants to purchase 2,289,667 shares |
Warrant Exercise Price: |
$4.50 until May 7, 2022 |
If the closing price of the Resulting Issuer Shares exceeds $4.00 (subject to adjustment) for 15 consecutive trading days, the Resulting Issuer will immediately purchase for cancellation all outstanding Warrants at a fixed price of $1.00 per Warrant (the "Call Option"). Upon any permitted exercise of the Call Option by the Resulting Issuer, the effective price per common share will be reduced to $2.50 per share.
Number of Placees: |
100 placees |
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Units |
Kyle Floyd |
Y |
16,540 |
Pascal Attard |
Y |
4,167 |
Spencer Cole |
Y |
85,000 |
Riaan Esterhuizen |
Y |
16,667 |
Agent's Fee: An aggregate of $217,028.07 cash commission was paid to Paradigm Capital Inc.
Name Change and Consolidation
Pursuant to a resolution passed by shareholders on March 26, 2020, the Company has consolidated its capital on a 13.3125 old for 1 new basis. The name of the Company has also been changed to Vox Royalty Corp.
Effective at the opening May 25, 2020, the common shares of Vox Royalty Corp. will commence trading on TSX Venture Exchange, and the common shares of AIM3 Ventures Inc. will be delisted
Post - Consolidation
Capitalization: Unlimited number of common shares with no par value of which 32,068,754 commo shares are issued and outstanding.
Escrow: 9,642,732 common shares
Escrow Period: 18 months
Transfer Agent: TSX Trust Company
Trading Symbol: VOX (new)
CUSIP Number: 92918L 101 (new)
The Company is classified as an "All Support Activities for Mining" company. (NAICS# 213119).
Company Tier Reclassification, Resume Trading
In accordance with Policy 2.5, the Company has met the requirements for a Tier 1 company. Therefore, effective May 25, 2020, the Company's Tier classification will change from Tier 2 to:
Classification
Tier 1
Company Contact: Mr. Pascal Attard, CFO
Company Address: Level 5, Strathvale House Cayman Enterprise City 90 North Church St Grand Cayman Cayman Islands KY1 1003
Company Phone Number: 345.926.4209
Company Email Address: [email protected]
Company Website: https://www.voxroyalty.com/
Effective at the opening on Monday May 25, 2020, trading in the shares of the Company will resume.
_____________________________________
LENDIFIED HOLDINGS INC. ("LHI")
[formerly Hampton Bay Capital Inc. ("HPB.P")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Resume Trading, Private Placement- Brokered, Name Change and Consolidation
BULLETIN DATE: May 21, 2020
TSX Venture Tier 2 Company
Qualifying Transaction-Completed
TSX Venture Exchange has accepted for filing the Qualifying Transaction ("QT") of Hampton Bay Capital Inc. (the "Company") described in its Filing Statement dated March 30, 2020. As a result, at the opening on Monday, May 25, 2020, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following:
- The Company acquired all the issued and outstanding shares of Lendified Holdings Inc. ("Lendified") by way of a "three-cornered amalgamation" pursuant to the provisions of the CBCA (the "Transaction"), and issued 83,666,294 Common Shares on a post-consolidation basis at a deemed price of $0.25 to the securityholders of Lendified, including those issued pursuant to the financing described below. Prior to the closing of Transaction, the Company changed its name to "Lendified Holdings Inc." (the "Resulting Issuer").
- As a result of the Transaction, a total of 52,705,966 resulting issuer common shares, 1,769,943 share purchase warrants and 11,428,571 common shares underlying convertible loans are escrowed pursuant to an Exchange Tier 2 Surplus escrow agreement, 523,608 resulting issuer common shares are escrowed pursuant to an Exchange Tier 2 Value escrow agreement and 3,800,000 share purchase warrants are subject to a four month hold pursuant to Exchange Seed Share Resale Restrictions.
- An additional 2,866,652 common shares of the Resulting Issuer were issued in connection with a finder's fee pursuant to the QT.
The Resulting Issuer is classified as a "All other non-depository credit intermediation" issuer (NAICS Number: 522299).
For further information, please refer to the Company's Filing Statement dated March 30, 2020 available on SEDAR.
Resume Trading
Further to TSX Venture Exchange bulletin dated December 24, 2019, trading in the securities of the Resulting Issuer will resume at the opening on Monday, May 25, 2020.
Effective at the opening on Monday, May 25, 2020, the trading symbol for the Company will change from "HPB.P" to "LHI".
Private Placement – Brokered
Prior to the completion of the QT, the Company completed a brokered private placement of subscription receipts resulting in the issuance of the following common shares of the Company. Each subscription receipt was exchanged for common shares and common share purchase warrants of the resulting issuer on a 1 for 1 basis:
Number of Shares: |
12,000,000 resulting issuer shares on a post-consolidation basis |
Purchase Price: |
$0.25 per resulting issuer share on a post-consolidation basis |
Warrants: |
6,000,000 warrants to purchase 6,000,000 common shares on a post-consolidation basis |
Warrant exercise price: |
$0.38 for a 24 month period on a post-consolidation basis |
Number of Placees: |
52 Placees |
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Perry Dellelce |
Y |
20,000 |
Aggregate Pro-Group Involvement |
P |
2,000,000 |
(1 Placee) |
In connection with the Brokered Private Placement, Haywood Securities Inc., as lead agent, Canaccord Genuity Corp., Silver Maple Ventures Inc. and WD Capital Markets Inc. received a total of $12,871 in cash, 207,000 broker shares and 867,249 broker warrants to purchase 867,249 Common Shares exercisable at a price of $0.25 per Common Share for a period of 24 months from the date that the Common Shares are listed on the TSXV.
The Company confirmed the closing of the Private Placement via a press release dated April 30, 2020.
Name Change and Consolidation
Pursuant to a special resolution passed by shareholders on March 10, 2020, the Company has consolidated its capital on a 1.88 old shares for one new share basis. The name of the Company has also been changed from "Hampton Bay Capital Inc." to "Lendified Holdings Inc.".
Effective at the opening of business on Monday, May 25, 2020, the common shares of "Lendified Holdings Inc." will commence trading on TSX Venture Exchange, and the common shares of "Hampton Bay Capital Inc." will be delisted.
Post-Consolidation and |
||
Post-Transactional |
||
Capitalization: |
Unlimited number of common shares with no par value of which 95,154,575 common shares are issued and outstanding on a post-consolidation basis. |
|
Escrow: |
56,474,255 common shares, 1,769,943 share purchase warrants and 11,428,571 common shares underlying convertible loans, of which 3,012,127 shares, 88,497 share purchase warrants and 571,429 common shares underlying convertible loans are released at the date of this bulletin on a post-consolidation basis. |
|
Transfer Agent: |
Computershare Investor Services Inc. (Toronto and Montreal) |
|
Trading Symbol: |
LHI |
(NEW) |
CUSIP Number: |
526024104 |
(NEW) |
Issuer Contact: |
Norman Tan, CFO |
|
Issuer Address: |
372 Bay Street, 20th Floor, Toronto, Ontario M5H 2W9 |
|
Issuer Phone Number: |
1-844-451-3594 |
|
Issuer email: |
||
Issuer website: |
https://www.lendified.com/ |
_________________________________________
SPECTRA7 MICROSYSTEMS INC. ("SEV")
BULLETIN TYPE: New Listing-Shares - Correction
BULLETIN DATE: May 20, 2020
TSX Venture Tier 2 Company
New Listing-Shares:
The correct name for company is: SPECTRA7 MICROSYSTEMS INC.
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: |
________________________________________
SURGE EXPLORATION INC. ("SUR")
BULLETIN TYPE: Consolidation
BULLETIN DATE: May 21, 2020
TSX Venture Tier 2 Company
Pursuant to a directors' resolution passed on May 6, 2020, the Company has consolidated its capital on a ten (10) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening Monday, May 25, 2020, the common shares of Surge Exploration Inc. 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 |
9,934,426 |
shares are issued and outstanding |
|
Escrow |
nil |
shares are subject to escrow |
Transfer Agent: |
Odyssey Trust Company |
|
Trading Symbol: |
SUR (UNCHANGED) |
|
CUSIP Number: |
86882A 20 8 (new) |
________________________________________
20/05/21 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
AZINCOURT ENERGY CORP. ("AAZ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 21, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Apr 22, 2020:
Flow-Through Shares: |
|
Number of FT Shares: |
6,261,906 flow through shares |
Purchase Price: |
$0.055 per flow through share |
Warrants: |
6,261,906 share purchase warrants to purchase 6,261,906 shares |
Warrant Initial Exercise Price: |
$0.07 |
Warrant Term to Expiry: |
5 Years |
Non Flow-Through Shares: |
|
Number of Non-FT Shares: |
22,750,000 non flow through shares |
Purchase Price: |
$0.05 per non flow through share |
Warrants: |
22,750,000 share purchase warrants to purchase 22,750,000 shares |
Warrant Initial Exercise Price: |
$0.07 |
Warrant Term to Expiry: |
5 Years |
Number of Placees: |
16 Placees |
Insider / Pro Group Participation: |
|||
Name |
Insider=Y / |
# of Shares |
|
Aggregate Pro-Group Involvement [2 Placees] |
P |
950,000 |
|
Finder's Fee: |
|
Canaccord Genuity Corp |
$20,000.00 cash; 400,000 warrants |
National Bank Financial |
$13,750.00 cash; 260,000 warrants |
Leede Jones Gable Inc. |
$1,200.00 cash; 24,000 warrants |
Red Cloud Securities Inc. |
$26,190.48 cash; 476,191 warrants |
CDM Capital Partners Inc. |
$50,750.00 cash |
Finder Warrant Initial Exercise Price: |
$0.07 |
Finder Warrant Term to Expiry: |
5 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.
________________________________________
BENTON RESOURCES INC. ("BEX")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: May 21, 2020
TSX Venture Tier 1 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with an option agreement (the "Option Agreement") between Benton Resources Inc. ("Benton") and Regency Gold Corp. ("Regency") pursuant to which Benton has granted Regency an option (the "Option") to acquire a 100% right, title and interest in the Escape Lake Property (the "Escape Lake Property"), subject to a 1.0% net smelter return royalty to be retained by Rio Tinto Exploration Canada Inc. ("RTEC"), with such Option to be conditional on Benton exercising its pre-existing option to acquire the Escape Lake Property from RTEC under a pre-existing agreement with RTEC (the "RTEC Agreement"). Benton also assigned to Regency its rights under a letter of intent previously entered into with Panoramic Resources Inc. ("PAN") pursuant to which Benton acquired the right to acquire 100% of PAN's subsidiary Panoramic PGM (Canada) Ltd. (the "PAN Subsidiary") which owns the Thunder Bay North Project ( the "TBN Project").
Regency will have the right to exercise the Option by completing the following:
- Issuing to Benton an aggregate of 24,615,384 common shares;
- Fulfilling the remaining terms of the RTEC Agreement that Benton has with RTEC on the Escape Lake Property;
- Entering into and fulfilling the terms of a formal binding purchase and sale agreement with PAN (the "PAN Agreement") for the acquisition of the PAN Subsidiary including the payment to PAN of a deposit of $250,000 as a down payment to PAN; and
- Issuing to Benton a 0.5% net smelter return royalty from production on the Escape Lake Property and a 0.5% net smelter return royalty from production on any mineral claims comprising the TBN Project that a net smelter royalty has not previously been granted.
The RTEC Agreement
Under the Option Agreement, Regency was granted the Option to acquire a 100% ownership interest in the Escape Lake Property, subject to a 1% net smelter return royalty to be retained by RTEC. Regency's Option shall be conditional on Benton exercising its pre-existing option to acquire the Escape Lake Property from RTEC. In order to exercise the Option, Regency will also be required to assume the obligations that would otherwise be required to be fulfilled by Benton under the RTEC Agreement over a three year period which are as follows:
- an initial C$3 million payment which was due to RTEC on closing of the RTEC Agreement and which was paid by Benton at that time. As reimbursement for the $3 million paid by Benton Regency will be required to issue the Regency Consideration Shares to Benton which will be subject to a four month hold period from the date of issuance;
- C$1 million to RTEC on the first anniversary of the signing of the RTEC Agreement;
- C$1 million to RTEC on the second anniversary of the signing of the RTEC Agreement; and
- C$1 million to RTEC on the third anniversary of the signing of the RTEC Agreement.
The PAN Agreement
Under the Pan Agreement, Regency will have the right to acquire a 100% ownership interest in the PAN Subsidiary that holds the TBN Project in exchange for payment of CAD$9 million to PAN over a three-year period, as follows:
- C$4.5 million due on closing of the PAN Agreement to be paid by Regency to PAN;
- C$1.5 million on the first anniversary of the closing of the PAN Agreement;
- C$1.5 million on the second anniversary of the closing of the PAN Agreement; and
- C$1.5 million on the third anniversary of the closing of the PAN Agreement.
For further information see the Benton news releases dated January 10, 2020, March 31, 2020, April 8, 2020 and May 11, 2020 which are available under Benton's profile on SEDAR.
Insider / Pro Group Participation: Nil.
________________________________________
BENZ MINING CORP. ("BZ")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: May 21, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing of an Amending Agreement dated April 30, 2020 between Eastmain Mines Inc. (the "Optionor") and Benz Mining Corp. (the "Company"), whereby the original terms of the Option Agreement were amended so that the Company's obligation to incur $500,000 in exploration expenditures is to be postponed from October 23, 2020 to October 23, 2022. In addition, pursuant to the Amending Agreement, the Company can earn an initial 75% and up to a 100% interest in the Ruby Hill West and Ruby Hill East properties located in James Bay District, Quebec. In consideration for the additional properties, the Company will pay cash payments of $375,000 ($125,000 in the first year) over four years (last year cash payment of $100,000 can be paid in shares up to a maximum of 500,000 shares). The Company will issue 2,000,000 shares and 4,000,000 warrants exercisable at $0.12 per share until April 27, 2023. The additional 25% interest can be obtained by the Company's making an additional $100,000 to the Optionor by October 23, 2025 or the issuance of shares up to a maximum of 500,000 shares. The additional properties are subject to 1% NSR, half of which may be purchased for $500,000.
________________________________________
BLIND CREEK RESOURCES LTD. ("BCK")
BULLETIN TYPE: Warrant Price Amendment
BULLETIN DATE: May 21, 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: |
2,121,167 |
Expiry Date of Warrants: |
December 21, 2021 (amended from July 11, 2018, September 20, 2018 and October 19, 2018) |
Forced Exercise Provision: |
If the closing price for the Company's shares is $0.065 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: |
$0.35 |
New Exercise Price of Warrants: |
$0.05 |
These warrants were issued pursuant to a private placement of 4,292,335 shares with 2,146,167 share purchase warrants attached, which was accepted for filing by the Exchange effective October 19, 2017.
________________________________________
CHATHAM ROCK PHOSPHATE LIMITED ("NZP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 21, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 2, 2020:
Number of Shares: |
5,029,820 shares |
Purchase Price: |
$0.08 per share |
Warrants: |
5,029,820 share purchase warrants to purchase 5,029,820 shares |
Warrant Exercise Price: |
$0.45 for a five year period |
Number of Placees: |
11 placees |
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company has issued a news release dated May 4, 2020, announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
________________________________________
FINTECH SELECT LTD. ("FTEC")
BULLETIN TYPE: Warrant Term Extension, Warrant Price Amendment
BULLETIN DATE: May 21, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension of the expiry date and amendment of the exercise price of the following warrants:
Private Placement: |
|
# of Warrants: |
5,280,000 |
Original Expiry Date of Warrants: |
June 12, 2020 |
New Expiry Date of Warrants: |
September 30, 2020 |
Forced Exercise Provision: |
If the closing price for the Company's shares is $0.075 or greater for a period of 10 consecutive trading days, exercise period of Warrants will be reduced to thirty (30) days. |
Original Exercise Price of Warrants: |
$0.35 |
New Exercise Price of Warrants: |
$0.06 |
These warrants were issued pursuant to a private placement of 5,840,000 shares with 5,840,000 share purchase warrants attached, which was accepted for filing by the Exchange effective June 19, 2017.
For further details, please refer to the Company's news release dated May 20, 2020.
________________________________________
FINTECH SELECT LTD. ("FTEC")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: May 21, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension of the expiry date of the following warrants, which were previously amended and accepted for filing by the Exchange on March 18, 2020:
Private Placement: |
|
# of Warrants: |
10,399,997 |
Original Expiry Date of Warrants: |
June 30, 2020 |
New Expiry Date of Warrants: |
September 30, 2020 |
Exercise Price of Warrants: |
$0.06 |
These warrants were issued pursuant to a private placement of 13,333,330 shares with 13,333,330 share purchase warrants attached, which was accepted for filing by the Exchange effective May 3, 2017.
For further details, please refer to the Company's news release dated May 20, 2020.
________________________________________
FIRM CAPITAL AMERICAN REALTY PARTNERS TRUST
("FCA.UN") ("FCA.U") ("FCA.DB") ("FCA.WT.U") ("FCA.WT.V")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: May 21, 2020
TSX Venture Tier 1 Company
TSX Venture Exchange has been advised by the Trust that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated May 11, 2020, it may repurchase for cancellation, up to $1,810,800 principal amount of the 6.25% convertible unsecured subordinated debentures of the Trust due June 30, 2026. The purchases are to be made through the facilities of the Exchange during the period from April 30, 2020 to April 29, 2021. Purchases pursuant to the bid will be made by Canaccord Genuity Corp. on behalf of the Trust.
________________________________________
GOLDHILLS HOLDING LTD. ("GHL")
BULLETIN TYPE: Private Placement- Non-Brokered
BULLETIN DATE: May 21, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on April 15, 2020:
Number of Shares: |
2,668,001 common shares |
Purchase Price: |
$0.075 per common share |
Number of Placees: |
8 Placees |
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Sergei Stetsenko |
Y |
283,000 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a new release dated May 12, 2020, announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
________________________________________
KALYTERA THERAPEUTICS INC. ("KLY") ("KLY.WT.B") ("KLY.WT.A")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 21, 2020
TSX Venture Tier 1 Company
Effective at 12:00 p.m. PST, May 21, 2020, shares of the Company resumed trading, an announcement having been made.
________________________________________
KANADARIO GOLD INC. ("KANA")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 21, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to option agreements (the "Agreements") dated April 30, 2020 between 1544230 Ontario Inc. (the "Optionor") and Kanadario Gold Inc. (the "Company"). Pursuant to the Agreements, the Company shall have an option to acquire a 100% interest in the Destor Property, consisting of 42 mineral claims, and the Sunday Fault North property, consisting of 64 mineral claims, located in the Abitibi Greenstone belt of northwestern of Quebec.
Pursuant to the Agreements, in order to earn a 100% interest in the Destor property, the Company must pay a total of $61,000 and issue an aggregate of 250,000 common shares to the Optionor over a two-year period. The Optionor will retain a 1.5% net smelter returns royalty on the Destor property, half of which may be purchased by the Company for a payment of $500,000.
In addition, pursuant to the Agreements, in order to earn a 100% interest in the Sunday Fault North property, the Company must pay a total of $61,000 and issue an aggregate of 250,000 common shares to the Optionor over a two-year period. The Optionor will retain a 1.5% net smelter returns royalty on the Sunday Fault North property, half of which may be purchased by the Company for a payment of $500,000.
TSX Venture has also accepted for filing documentation relating to an option agreement (the "Agreement") dated May 6, 2020 between the Optionor and the Company. Pursuant to the Agreement, the Company shall have an option to acquire a 100% interest in the Larder North property, consisting of 14 mineral claims, located in Larder District, Ontario.
Pursuant to the Agreement, in order to earn a 100% interest in the Larder North property, the Company must pay a total of $102,000 and issue an aggregate of 350,000 common shares to the Optionor over a two-year period. The Optionor will retain a 1.5% net smelter returns royalty on the Larder North property, half of which may be purchased by the Company for a payment of $500,000.
For more information, refer to the Company's news release dated May 8, 2020.
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LOS ANDES COPPER LTD. ("LA")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: May 21, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documents including the royalty purchase agreement dated December 3, 2019, between the Company and RCF VI CAD LLC ("RCF") whereby RCF has acquired a royalty on the Company's Vizcachitas Project in Chile for total consideration of US$8 million in staged cash payments.
The transaction is a non-arm's length transaction under Exchange policy and securities laws. The royalty RCF has received is a 0.98% NSR for open pit operations and 0.49% NSR for underground operations.
Insider / Pro Group Participation: Nil.
For further information on the transaction, refer to the Company's press release dated January 27, 2020,
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MAX RESOURCE CORP. ("MXR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 21, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an Option Agreement ("the "Agreement"), dated May 11, 2020, between Max Resource Corp. (the "Company") and several arm's length parties (collectively, the "Vendors"), whereby the Company has been granted an option to acquire a 100% right, title and interest in certain minerals claims – the EBAY Palladium-Platinum Property (the "Property"), located in the province of Quebec.
To earn the full 100% interest in the Property, the Company is required to issue 2,950,000 common shares on closing, make aggregate cash payments of $150,000, issue $375,000 worth of common shares and incur aggregate exploration expenditures of $1,500,000 over a three-year period.
The Vendors will retain a 2.0% net smelter return royalty on the property, of which 50% may be purchased by the Company for $1,000,000.
For further details, please refer to the Company's news release dated May 12, 2020.
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MELKIOR RESOURCES INC. ("MKR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 21, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an Option Agreement ("the "Agreement"), dated May 6, 2020, between Melkior Resources Inc. (the "Company") and (2) arm's length parties (collectively, the "Vendors"), whereby the Company has been granted an option to acquire a 100% right, title and interest in certain minerals claims – the West Timmins Property (the "Property"), located in Timmins, ON.
To earn the full 100% interest in the Property, the Company is required to issue 75,000 common shares on closing, make aggregate cash payments of $30,000 and issue $50,000 worth of common shares over a two-year period.
The Vendors will retain a 3.0% net smelter return royalty on the Property, of which 50% may be purchased by the Company for $1,000,000.
For further details, please refer to the Company's news release dated May 12, 2020.
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PLATEAU ENERGY METALS INC. ("PLU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 21, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 11, 2020:
Number of Shares: |
4,150,000 shares |
Purchase Price: |
$0.21 per share |
Warrants: |
4,150,000 share purchase warrants to purchase 4,150,000 shares |
Warrant Initial Exercise Price: |
$0.40 |
Warrant Term to Expiry: |
4 Years |
Number of Placees: |
6 Placees |
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
Pamela Kinsman |
Y |
17,320 |
Alex Holmes |
Y |
17,320 |
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.
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PORTOFINO RESOURCES INC. ("POR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 21, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Option Agreement dated May 11, 2020 between Portofino Resources Inc. (the Company) and Gravel Ridge Resources Ltd. (Michael Frymire, the Vendor) whereby the Company may acquire a 100% interest in the Gold Creek property located in Duckworth Township, Ontario. Consideration is $70,600 cash and 800,000 common shares over three years. The Vendor retains a 1.5% NSR with the Company having the right to repurchase one half (0.75%) at any time for $500,000.
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POWERORE INC. (PORE)
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 21, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 14, 2020:
Number of Shares: |
4,285,715 shares |
Purchase Price: |
$0.07 per Flow-Through share |
Warrants: |
2,142,857 share purchase warrants to purchase 2,142,857 shares |
Warrant Exercise Price: |
$0.10 for a two year period |
Number of Placees: |
2 placees |
Finder's Fee: |
Qwest Investment Fund Management Ltd. $7,000 cash and 100,000 finder's warrants payable. Each finder warrant is exercisable into one common share at $0.07 for two years from closing. |
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. [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.]
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RADIENT TECHNOLOGIES INC. ("RTI")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: May 21, 2020
TSX Venture Tier 1 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
Private Placement: |
|
# of Warrants: |
3,051,310 |
Original Expiry Date of Warrants: |
June 2, 2020 |
New Expiry Date of Warrants: |
June 2, 2021 |
Exercise Price of Warrants: |
$0.25 (UNCHANGED) |
# of Warrants: |
5,872,382 |
Original Expiry Date of Warrants: |
June 22, 2020 |
New Expiry Date of Warrants: |
June 22, 2021 |
Exercise Price of Warrants: |
$0.25 (UNCHANGED) |
These warrants were issued pursuant to a private placement of 47,619,046 shares with 24,121,530 share purchase warrants attached, which was accepted for filing by the Exchange effective January 3, 2017.
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REVOLUGROUP CANADA INC. ("REVO")
BULLETIN TYPE: Halt
BULLETIN DATE: May 21, 2020
TSX Venture Tier 2 Company
Effective at 5:22 a.m. PST, May 21, 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.
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REVOLUGROUP CANADA INC. ("REVO")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 21, 2020
TSX Venture Tier 2 Company
Effective at 10:15 a.m. PST, May 21, 2020, shares of the Company resumed trading, an announcement having been made.
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TITANIUM TRANSPORTATION GROUP INC. ("TTR")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: May 21, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has been advised by the Company that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated May 13, 2020, it may repurchase for cancellation, up to 1,821,831 shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange during the period from May 19, 2020 to May 18, 2021. Purchases pursuant to the bid will be made by Canaccord Genuity Corp. on behalf of the Company.
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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