TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, May 23, 2019 /CNW/ -
TSX VENTURE COMPANIES
CASTLECAP CAPITAL INC. ("CSTL.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 23, 2019
TSX Venture Tier 2 Company
Further to the Exchange's Bulletin dated May 17, 2019, the Company has submitted to the Exchange acceptable documentation respecting its Capital Pool Company listing.
Effective at the opening, Monday, May 27, 2019, shares of the Company will resume trading.
________________________________________
ENGAGEMENT LABS INC. ("EL")
BULLETIN TYPE: Consolidation
BULLETIN DATE: May 23, 2019
TSX Venture Tier 2 Company
Pursuant to a Special Resolution approved by the shareholders on May 22, 2019, the Company has consolidated its capital on a two (2) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening on Monday, May 27, 2019, the common shares of the Company will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as "Data processing, hosting, and related services" (NAICS Number: 5182).
Post – Consolidation
Capitalization: |
Unlimited common shares with no par value of which 108,630,700 |
|
common shares are issued and outstanding |
||
Escrow: |
Nil share |
|
Transfer Agent: |
Computershare Trust Company of Canada (Toronto, Canton, MA, Jersey City, NJ and Louisville, KY) |
|
Trading Symbol: |
EL |
(UNCHANGED) |
CUSIP Number: |
29282R504 |
(NEW) |
LABORATOIRES ENGAGEMENT INC. ("EL")
TYPE DE BULLETIN : Regroupement
DATE DU BULLETIN : Le 23 mai 2019
Société du groupe 2 de TSX Croissance
En vertu d'une résolution spéciale des actionnaires du 22 mai 2019, la société a regroupé son capital-actions sur la base de deux (2) anciennes actions pour une (1) nouvelle action. La dénomination sociale de la société n'a pas été modifiée.
Les actions ordinaires de la société seront admises à la négociation à la Bourse de croissance TSX sur une base regroupée à l'ouverture des affaires lundi le 27 mai 2019. La société est catégorisée comme une société de « Traitement de données, hébergement de données et services connexes » (numéro de SCIAN : 5182).
Capitalisation après regroupement: |
Un nombre illimité d'actions ordinaires sans valeur nominale, dont 108 630 700 actions ordinaires sont émises et en circulation. |
|
Actions entiercées : |
Aucune action ordinaire |
|
Agent des transferts : |
Société de fiducie Computershare du Canada (Toronto, Canton, MA, Jersey City, NJ and Louisville, KY) |
|
Symbole au téléscripteur : |
EL |
(INCHANGÉ) |
Numéro de CUSIP : |
29282R504 |
(NOUVEAU) |
_______________________________________
LATIN METALS INC. ("LMS")
[formerly Centenera Mining Corporation ("CT")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: May 23, 2019
TSX Venture Tier 2 Company
Pursuant to a resolution passed by the directors on May 9, 2019, the Company has consolidated its capital on a (4) four old for (1) one new basis. The name of the Company has also been changed as follows.
Effective at the opening on May 27, 2019, the common shares of Latin Metals Inc. will commence trading on TSX Venture Exchange, and the common shares of Centenera Mining Corporation will be delisted. The Company is classified as a 'Mineral Exploration/Development' company.
Post - Consolidation |
||
Capitalization: |
Unlimited |
shares with no par value of which |
20,656,744 |
shares are issued and outstanding |
|
Escrow: |
Nil |
shares |
Transfer Agent: |
Computershare Trust Company of Canada |
|
Trading Symbol: |
LMS |
(new) |
CUSIP Number: |
51829X109 |
(new) |
________________________________________
VALDY INVESTMENTS LTD. ("VLDY.P")
BULLETIN TYPE: New Listing-CPC-Shares, Halt
BULLETIN DATE: May 23, 2019
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Prospectus dated May 3, 2019 has been filed with and accepted by TSX Venture Exchange and the British Columbia and Alberta Securities Commissions effective May 7, 2019, pursuant to the provisions of the relevant Securities Act and Multilateral Instrument 11-102 Passport System in Alberta.
The Company will complete its initial distribution of securities to the public on Monday, May 27, 2019. The gross proceeds to be received by the Company for the public offering will be $250,000 (2,500,000 common shares at $0.10 per share).
Commence Date: |
At the opening Monday, May 27, 2019, the common shares will be listed and immediately halted from trading on TSX Venture Exchange. |
|
The closing of the public offering is scheduled to occur on Monday, May 27, 2019. A further notice will be published upon the confirmation of closing and the trading halt will be lifted. |
||
Corporate Jurisdiction: |
British Columbia |
|
Capitalization: |
unlimited |
common shares with no par value of which |
7,000,000 |
common shares will be issued and outstanding on completion of the initial public offering |
|
Escrowed Shares: |
2,500,000 |
common shares |
Transfer Agent: |
Odyssey Trust Company |
|
Trading Symbol: |
VLDY.P |
|
CUSIP Number: |
91914E 10 3 |
|
Agent: |
Leede Jones Gable Inc. |
|
Agent's Warrants: |
250,000 non-transferable warrants. Each warrant to purchase one share at $0.10 per share for 24 months. |
|
For further information, please refer to the Company's Prospectus dated May 3, 2019.
Company Contact: |
Johnny Ciampi |
Company Address: |
#902 – 510 Burrard Street, Vancouver, BC V6C 3A8 |
Company Phone Number: |
604.685.0201 |
Company Email Address: |
________________________________________
ZENABIS GLOBAL INC. ("ZENA")("ZENA.WT")
BULLETIN TYPE: Graduation
BULLETIN DATE: May 23, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has been advised that the Company's shares and warrants will be listed and commence trading on Toronto Stock Exchange at the opening on Monday, May 27, 2019, under the symbols "ZENA" and "ZENA.WT".
As a result of this Graduation, there will be no further trading under the symbols "ZENA" and "ZENA.WT" on TSX Venture Exchange after close of market Friday, May 24, 2019, and its shares will be delisted from TSX Venture Exchange at the commencement of trading on Toronto Stock Exchange.
________________________________________
NEX COMPANIES
CERRO MINING CORP. ("CRX.H")
BULLETIN TYPE: Consolidation, NO Symbol Change
BULLETIN DATE: May 23, 2019
NEX Company
Pursuant to a resolution passed by the directors on April 18, 2019, the Company has consolidated its capital on a (2) two old for (1) one new basis. The name of the Company has not been changed.
Effective at the opening on May 27, 2019, the common shares of Cerro Mining Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploraiton/Development' company.
Post - Consolidation |
||
Capitalization: |
Unlimited |
shares with no par value of which |
7,243,929 |
shares are issued and outstanding |
|
Escrow |
Nil |
shares are subject to escrow |
Transfer Agent: |
Computershare Investor Services Inc. |
|
Trading Symbol: |
CRX.H |
(UNCHANGED) |
CUSIP Number: |
56874307 |
(new) |
________________________________________
19/05/23 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
ABACUS MINING & EXPLORATION CORPORATION ("AME")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 23, 2019
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 01, 2019:
Number of Shares: |
3,500,000 shares |
Purchase Price: |
$0.05 per share |
Warrants: |
3,500,000 share purchase warrants to purchase 3,500,000 shares |
Warrant Initial Exercise Price: |
$0.08 |
Warrant Term to Expiry: |
3 Years |
Number of Placees: |
10 Placees |
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
Paul Anderson |
Y |
600,000 |
Michael McInnis |
Y |
200,000 |
Kerry Spong |
Y |
100,000 |
Finder's Fee: |
||
Leede Jones Gable Inc |
$1,750.00 cash; 35,000 warrants |
|
Finder Warrant Initial Exercise Price: |
$0.08 |
|
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.
________________________________________
ALTAMIRA GOLD CORP. ("ALTA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 23, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 26, 2019:
Number of Shares: |
10,479,400 shares |
Purchase Price: |
$0.10 per share |
Warrants: |
10,479,400 share purchase warrants to purchase 10,479,400 shares |
Warrant Exercise Price: |
$0.15 for a two year period |
Number of Placees: |
9 placees |
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Michael Bennett |
Y |
672,800 |
Alan Carter |
Y |
400,000 |
Finder's Fee: |
Canaccord Genuity Corp. will receive a finder's fee of $700.00 and 7,000 Finder's Warrants that are exercisable into common shares at $0.15 per share for a two year period. |
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release dated May 15, 2019announcing 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.
________________________________________
CHAKANA COPPER CORP. ("PERU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 23, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 29, 2019:
Number of Shares: |
15,686,275 shares |
Purchase Price: |
$0.51 per share |
Number of Placees: |
1 placee |
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Gold Fields Nazca Holdings Inc. |
||
(Gold Fields Limited) |
Y |
15,686,275 |
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.
________________________________________
COBALT 27 CAPITAL CORP. ("KBLT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 23, 2019
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing a Scheme Implementation Agreement dated January 1, 2019 between Cobalt 27 Capital Corp. (the "Company") and Highlands Pacific Limited (the "Agreement"), whereby the Company will acquire a 100% Ordinary Shares of Highlands Pacific Limited, which owns a non-operating direct interest in the Ramu Nickel Cobalt Mine, Papua New Guinea in exchange for a Base Purchase Price of US$64.5 million and a Contingent Purchase Price of US$6 million. The Agreement replaced the Metal Purchase and Sale Agreement dated May 22, 2018 which was previously approved by the Exchange on June 22, 2018.
________________________________________
CRUZSUR ENERGY CORP. ("CZR")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: May 23, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 11, 2019:
Convertible Debenture |
$3,350,000 |
Conversion Price: |
Convertible into units consisting of 22,333,333 common shares and 22,333,333 common share purchase warrants at $0.15 of principal outstanding for a term of five years |
Maturity date: |
five years from the date of issuance |
Warrants |
Each warrant will have a term of five 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 $0.15 for a term of five years from the issuance of the notes |
Interest rate: |
10% per annum |
Number of Placees: |
25 placees |
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Frank Giustra |
Y |
7,233,333 |
Gordon Keep |
Y |
373,333 |
Brockville International Holdings Inc. |
||
(Serafino Iacono) |
Y |
4,220,000 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), 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.
________________________________________
DEFIANCE SILVER CORP. ("DEF")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 23, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 11, April 5 and May 6, 2019:
Number of Shares: |
12,838,104 shares |
Purchase Price: |
$0.20 per share |
Warrants: |
12,838,104 share purchase warrants to purchase 12,838,104 shares |
Warrant Exercise Price: |
$0.30 for a two year period |
Number of Placees: |
55 placees |
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Peter Hawley |
Y |
450,000 |
Kesa Capital Inc. |
||
(Darrell Rader) |
Y |
250,000 |
Randy Smallwood |
Y |
312,500 |
Dunham Craig |
Y |
227,360 |
Finder's Fee: |
$11,700 cash and 58,500 warrants payable to Windermere Capital (Canada) Inc. |
$600 cash payable to Haywood Securities Inc. |
|
$19,800 cash and 99,000 warrants payable to Canaccord Genuity Corp. |
|
Finder's fee warrants are exercisable at $0.20 per share for two years. |
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.
________________________________________
DELPHX CAPITAL MARKETS INC. ("DELX")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 23, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 300,000 shares to settle outstanding debt for $60,000.
Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
DISTRICT COPPER CORP. ("DCOP")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 23, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Offer to Purchase and Interim Agreement dated April 11, 2019 between District Copper Corp. (the "Company") and Alexander Duffitt, whereby the Company has agreed to acquire eight mining claim units located near the Grand Falls Windsor-Bishops Falls Townships in the Province of Newfoundland. In consideration, the Company will issue 300,000 shares to Mr. Duffitt.
________________________________________
DISTRICT COPPER CORP. ("DCOP")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 23, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Offer to Purchase and Interim Agreement dated April 11, 2019 among District Copper Corp. (the "Company"), Gary Rowsell, Brian Jones and Garrett Williams (collectively the "Vendors"), whereby the Company has agreed to acquire sixteen mining claim units located near the Grand Falls Windsor-Bishops Falls Townships in the Province of Newfoundland. In consideration, the Company will pay the Vendors $4,000 in cash and issue 400,000 shares.
________________________________________
EIGHT SOLUTIONS INC. ("ES")
BULLETIN TYPE: Halt
BULLETIN DATE: May 23, 2019
TSX Venture Tier 2 Company
Effective at 4:50 a.m. PST, May 23, 2019, 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.
________________________________________
EVE & CO INCORPORATED ("EVE")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: May 23, 2019
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced April 11, 2019:
Number of Special Warrants: |
20,900,000 Special Warrants, each convertible into one Unit, consisting of one common share and one common share purchase warrant, for no additional consideration. Each Special Warrant shall be deemed exercised on the earlier of (i) the fifth business day after a receipt is issued for a final prospectus qualifying the Units for distribution in all of the Canadian provinces, except Quebec and (ii) the date that is four months and one day following the Closing. |
Purchase Price: |
$0.50 per Special Warrant |
Warrants: |
20,900,000 share purchase warrants to purchase 20,900,000 shares |
Warrant Exercise Price: |
$0.60 for a period of two years |
Number of Placees: |
90 placees |
Insider / Pro Group Participation: |
|||
Name |
Insider=Y / |
ProGroup=P |
# of Shares |
Aggregate Pro Group Involvement [7 Placees] |
P |
188,000 |
|
Underwriters: |
Haywood Securities Inc. |
Commission: |
$731,500 payable in cash and issuance of 1,463,000 compensation special warrants ("Compensation Special Warrants"). Each Compensation Special Warrant is exercisable into one (1) compensation option (a "Compensation Option"), for no additional consideration at any time and each Compensation Special Warrant not previously exercised shall be deemed exercised on the earlier of (i) the fifth business day after a receipt is issued for a final prospectus qualifying the Units for distribution in Qualifying Jurisdictions and (ii) September 11, 2019. Each Compensation Option entitles the holder thereof to purchase one common share at an exercise price of $0.50 at any time up to May 10, 2021. |
For further details, please refer to the Company's news release dated May 10, 2019.
________________________________________
FIRESWIRL TECHNOLOGIES INC. ("FSW")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 23, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,612,034* shares at a deemed price of $0.135 to settle outstanding debt for $217,624.97.
Number of Creditors: |
9 Creditors |
Insider / Pro Group Participation: |
||||
Insider=Y / |
Amount |
Deemed Price |
||
Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
Ji Yoon |
Y |
$25,000 |
$0.135 |
185,185 |
*185,185 shares are subject to a Tier 2 Value Security escrow release schedule.
*242,293 shares are subject to a one year hold with seed share resale restrictions.
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
GOLDON RESOURCES LTD. ("GLD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 23, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Option Agreement dated May 22, 2019 between Goldon Resources Ltd. (the "Company") and Great Bear Resources Ltd. ("Vendor") whereby the Company will acquire 100% interest in and to approximately 3,860 hectares known as the West Madsen property located in Ontario's Red Lake gold camp. Consideration to earn the initial 60% interest, staged over a three year period, is $175,000 cash, 875,000 common shares and $750,000 in exploration expenditures. Consideration for the remaining 40% interest in year four is $500,000 in cash or shares, at the option of the Company, and $750,000 exploration expenditures. The shares a subject to a floor price that is not less than the discounted market price as of the date of the announcement (or $0.21). Any waiver of the floor price will be subject further Exchange review and acceptance. The Vendor will be granted a 2.5% Net Smelter Return Royalty ("NSR") of which the Company may repurchase 1% for $500,000 cash.
________________________________________
GOLDSOURCE MINES INC. ("GXS")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: May 23, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced March 12, 2019:
Number of Shares: |
62,330,000 shares |
Purchase Price: |
$0.12 per share |
Warrants: |
31,165,000 share purchase warrants to purchase 31,165,000 shares |
Warrant Exercise Price: |
$0.20 for a two year period |
Number of Placees: |
52 Placees |
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Nicholas Campbell |
Y |
1,065,501 |
Agent's Fee: |
PI Financial Corp. - $216,692.98 cash and 1,589,165 Compensation Options |
Cormark Securities Inc. - $108,090.13 cash and 928,155 Compensation Options |
|
Eight Capital Corp. - $72,060.09 cash and 618,770 Compensation Options |
|
Haywood Securities Inc. - $6,158.40 cash and 72,480 Compensation Options |
|
Echelon Wealth Partners - $180 cash and Nil Compensation Options |
|
Beacon Securities Limited - $384 cash and 4,800 Compensation Options |
|
BMO Nesbitt - $3,096 cash and Nil Compensation Options |
|
Canaccord Genuity Corp.- $30,482.40 cash and 381,030 Compensation Options |
|
Industrial Alliance Securities Inc. - $960 cash and 12,000 Compensation Options |
|
Questrade Inc. - $784 cash and 9,800 Compensation Options |
|
RBC Dominion Securities Inc. - $6,936 cash and 86,700 Compensation Options |
|
Scotia Capital Inc. - $2,952 cash and 36,900 Compensation Options |
|
Each non-transferable Compensation Option is exercisable into one common share at a price of $0.12 for a period of two years |
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release dated April 11, 2019 announcing the closing of the private placement and setting out the expiry date of the hold periods. 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.
________________________________________
ML GOLD CORP. ("MLG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 23, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 13, 2019:
Number of Shares: |
19,000,000 shares |
Purchase Price: |
$0.10 per share |
Warrants: |
19,000,000 share purchase warrants to purchase 19,000,000 shares |
Warrant Initial Exercise Price: |
$0.15 |
Warrant Term to Expiry: |
2 Years |
Number of Placees: |
64 Placees |
Insider / Pro Group Participation: |
||
Name |
Insider=Y / |
# of Shares |
Adrian Smith |
Y |
210,000 |
Andrew Bowering |
Y |
500,000 |
Finder's Fee: |
|
GMP Securities L.P. |
$14,000.00 cash; 140,000 warrants |
PI Financial Corp. |
$4,200.00 cash; 42,000 warrants |
Mackie Research Capital Corp. |
$12,600.00 cash; 126,000 warrants |
Jasmin Reinemuth |
315,000 warrants |
Finder Warrant Initial Exercise Price: |
$0.15 |
Finder Warrant Term to Expiry: |
2 year warrant at $0.15 |
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.
________________________________________
PACIFIC EMPIRE MINERALS CORP. ("PEMC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 23, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 24, 2019:
Number of Shares: |
0,672,857 Non Flow-through shares |
Purchase Price: |
0.07 per share |
Warrants: |
0,672,857 share purchase warrants to purchase 10,672,857 shares |
Warrant Exercise Price: |
0.14 for a three year period |
Number of Shares: |
100,000 Flow-through shares |
Purchase Price: |
0.09 per share |
Number of Placees: |
9 placees |
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Exploration Capital Partners 2012 Ltd. Partnership |
Y |
2,000,000 |
Aggregate Pro Group Involvement |
P |
1,320,000 |
[8 places] |
||
Finder's Fee: |
Haywood Securities Inc. $18,585 cash and 265,500 broker warrants payable. |
Odlum Brown Limited $4,800 cash and 84,000 broker warrants payable. |
|
-Each broker warrant is exercisable at $0.14 for three 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.]
________________________________________
ROYAL ROAD MINERALS LIMITED ("RYR")
BULLETIN TYPE: Halt
BULLETIN DATE: May 23, 2019
TSX Venture Tier 2 Company
Effective at 6:39 a.m. PST, May 23, 2019, 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.
________________________________________
SARAMA RESOURCES LTD. ("SWA")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 23, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation pertaining to the termination of an Earn-In Agreement between Sarama Resources Ltd. (the 'Company') and Acacia Mining plc, pursuant to which the Company will hold a 100% equity interest in the South Houndé gold project located southwest of Ouagadougo, Burkina Faso. In consideration, the Company will pay a total of US$4,000,000 and issue 5,000,000 warrants as follows:
CASH |
SECURITIES |
|
Year 1 |
US$2,000,000 |
5,000,000 warrants* |
Commercial Production- Stage 1 |
US$1,000,000 |
nil |
Commercial Production – Stage 2 |
US$1,000,000 |
nil |
*The warrants will be issued upon Exchange acceptance and 2,500,000 are each exercisable for one share at a price of $0.10 for a five year period, and the remaining 2,500,000 warrants are each exercisable for one share at a price of $0.20 per share for a five year period. The expiry date may be accelerated.
________________________________________
TRES-OR RESOURCES LTD. ("TRS")
BULLETIN TYPE: Halt
BULLETIN DATE: May 23, 2019
TSX Venture Tier 2 Company
Effective at 10:51 a.m. PST, May 23, 2019, 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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VIQ SOLUTIONS INC. ("VQS")
BULLETIN TYPE: Warrant Term Extension and Price Amendment
BULLETIN DATE: May 23, 2019
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: |
6,161,137 |
Original Expiry Date of Warrants: |
May 15, 2019 (5,511,139 warrants) and May 22, 2019 (649,998 warrants) |
New Expiry Date of Warrants: |
May 15, 2020 (5,511,139 warrants) and May 22, 2020 (649,998 warrants) |
Expiry Date of Warrants: |
May 15, 2020 (5,511,139 warrants) and May 22, 2020 (2,675,581 warrants) |
Forced Exercise Provision: |
If the closing price for the Company's shares is $0.2025 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: |
$0.39 for up to 18 months after date of issuance |
New Exercise Price of Warrants: |
$0.162 |
These warrants were issued pursuant to a private placement of 16,373,446 shares with 8,186,723 share purchase warrants attached, which was accepted for filing by the Exchange effective December 8, 2017.
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VIQ SOLUTIONS INC. ("VQS")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debentures
BULLETIN DATE: May 23, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced May 8, 2019:
Convertible Debenture:|US$1,925,000 principal amount convertible debentures ("Notes")
Conversion Price: |
Convertible into common shares at $0.135 per share at any time at the holder's option during the term of the Note or at the maturity date. |
Maturity date: |
May 7, 2024 |
Warrants: |
21,123,567 warrants exercisable at $0.155 for up to two years from the date of issuance (with the exception of 4,719 warrants which have an exercise price of $0.162) |
Interest rate: |
0% per annum. All accrued and unpaid interest shall be paid "in kind" on a quarterly basis by increasing the principal amount of the Notes by the amount of the applicable accrued and unpaid interest. |
Number of Placees: |
3 placees |
Insider / Pro Group Participation: |
None |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news announcing the closing of the private placement on May 8, 2019 setting out the expiry dates of the hold period(s).
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WELL HEALTH TECHNOLOGIES CORP. ("WELL")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 23, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 35,691 shares at a deemed price of $0.54 per share to settle outstanding debt for $19,280.77.
Number of Creditors: |
25 Creditors |
The Company shall issue a news release when the shares are issued and the debt extinguished.
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NEX COMPANIES
MUST CAPITAL INC. ("MUST.H")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 23, 2019
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 6,060,081 common shares and 2,506,807 warrants, with each warrant exercisable into one common share at $0.09 for a period of one year, to settle outstanding debt for CDN$409,055.48.
Number of Creditors: |
Creditors |
Insider / Pro Group Participation: |
||||
Creditor |
Insider=Y/ Progroup=P |
Amount Owing |
Deemed Price |
# of Shares |
Scharfe Holdings Inc. |
Y |
$87,500.00 |
$0.0675 |
1,296,297 |
2286252 Ontario Inc. |
Y |
$37,500.00 |
$0.0675 |
555,556 |
Pacific West Mercantile Corp. |
Y |
$37,500.00 |
$0.0675 |
555,556 |
2444444 Ontario Ltd. |
Y |
$50,000.00 |
$0.0675 |
740,741 |
CFO Advantage Inc. |
Y |
$27,346.00 |
$0.0675 |
405,126 |
For further information please refer to the Company's news releases dated April 9, 2019 and May 2, 2019.
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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