TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, March 27, 2019 /CNW/ -
TSX VENTURE COMPANIES
BULLETIN TYPE: Listing Maintenance Fees - Delist
BULLETIN DATE: March 27, 2019
NEX Companies
Effective at the close of business on Friday, March 29, 2019, and in accordance with NEX Policy, the following companies' securities will be delisted from NEX, for failure to pay their NEX Listing Maintenance Fee.
ISSUER NAME |
SYMBOL |
Argonaut Exploration Inc. |
AGA.H |
Trio Gold Corp. |
TGK.H |
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AUSTON CAPITAL CORP. ("ASTN.P")
BULLETIN TYPE: Correction
BULLETIN DATE: March 27, 2019
TSX Venture Tier 2 Company
CORRECTION:
Further to the TSX Venture Exchange Bulletin dated March 26, 2019, the commence date should be stated as follows:
Commence Date: |
At the market open Thursday, March 28, 2019 the Common |
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COLT RESOURCES INC. ("GTP.H")
[(formerly Colt Resources Inc. ("GTP")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: March 27, 2019
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening on Friday, March 29, 2019, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Montreal to NEX.
As of March 29, 2019, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.
The trading symbol for the Company will change from GTP to GTP.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.
Further to the TSX Venture bulletin issued March 28, 2017, trading in the shares of the Company will remain suspended.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
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ORGANIGRAM HOLDINGS INC. ("OGI.DB")
BULLETIN TYPE: Delist, Convertible Debentures, Halt,
BULLETIN DATE: March 27, 2019
TSX Venture Tier 2 Company
Effective at the close of business March 29, 2019, Organigram Holdings Inc, (the "Corporation") Convertible Debentures ("OGI.DB") will be delisted from TSX Venture Exchange.
The Corporation's Common Shares ("OGI") and warrants ("OGI.WT.A") will remain listed.
The Corporation has elected to exercise its right under Section 6.7 of the Indenture to convert (the "Conversion") all of the principal amount of the Debentures into common shares of the Corporation (the "Common Shares"). Pursuant to the terms of the Indenture, the Corporation may force the conversion of the Debentures at the conversion price of $5.42 per Common Share when the volume weighted average trading price (the "VWAP") of the Common Shares on the TSX Venture Exchange (the "Exchange") for 10 consecutive trading days exceeds $7.05. The Corporation will pay all accrued and unpaid interest (less any tax required to be deducted or withheld) in cash to the Trustee for payment to the Debentureholders.
As of close of the market on February 26, 2019, the VWAP of the Common Shares on the Exchange for 10 consecutive trading days exceeded $7.05. The Conversion will be effective April 1, 2019.
Pursuant to the terms of the Indenture, the directors of the Corporation have determined that, on the Conversion, holders of Debentures will receive, for each $1,000 principal amount of Debentures approximately 184 Common Shares. Therefore, on April 1, 2019, all Debentures outstanding will be converted into Common Shares. The Corporation will not issue fractional Common Shares on the Conversion. Instead, the Corporation shall, in lieu of delivering a certificate representing such fractional interest, make a cash payment (less any tax required to be deducted or withheld) to the holder of an amount equal to the fractional interest in accordance with the Indenture.
Upon surrender of Debenture Certificates to the Trustee at its principal office in the City of Toronto, Ontario by the Debentureholders, or in the case of Uncertificated Debentures, the surrender of interests in the Debentures through CDS Clearing and Depository Services Inc.'s (the "Depository") non-certificated system, the Corporation shall deliver to the Debentureholders certificates for the Common Shares or deposit Common Shares through the Depository's non-certificated system, as applicable, for the Common Shares into which the Debentures held by them have been converted.
For more information, please refer to the Corporation's press release dated February 27, 2019.
Halt
The Corporation's Convertible Debentures ("OGI.DB") will be halted at the opening on Thursday March 28, 2019, and will remain halted until delisting.
The Corporation's Common Shares ("OGI") and Warrants ("OGI.WT.A") will continue to trade on TSX Venture.
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PARTNERS VALUE INVESTMENTS LP ("PVF.PR.U")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: March 27, 2019
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
Dividend per Class A Preferred LP Units: |
US$0.28125 |
Payable Date: |
April 30, 2019 |
Record Date: |
March 29, 2019 |
Ex-dividend Date: |
March 28, 2019 |
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19/03/27 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
AGUIA RESOURCES LIMITED ("AGRL")
BULLETIN TYPE: Halt
BULLETIN DATE: March 27, 2019
TSX Venture Tier 1 Company
Effective at 6:07 a.m. PST, March 27, 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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AMERICAN CREEK RESOURCES LTD. ("AMK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 27, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Feb 12, 2019:
Number of Shares: |
3,200,000 shares |
Purchase Price: |
$0.05 per share |
Warrants: |
3,200,000 share purchase warrants to purchase 3,200,000 shares |
Warrant Initial Exercise Price: |
$0.06 |
Warrant Term to Expiry: |
2 Years |
Number of Placees: |
12 Placees |
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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AMEX EXPLORATION INC. ("AMX")
BULLETIN TYPE: Private Placement Non-Brokered
BULLETIN DATE: March 27, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement has announced February 12, 2019:
Number of Securities: |
7,256,000 common shares |
|
Purchase Price: |
$0.75 common share |
|
Warrants: |
3,628,000 warrants to purchase 3,628,000 common shares |
|
Warrant Exercise Price: |
$1.25 for a period of 18 months following the closing of the private |
|
Number of Placees: |
30 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of shares |
Victor Cantore |
Y |
200,000 |
9254-4823 Québec Inc. (Pierre Carrier) |
Y |
40,000 |
André Shareck |
Y |
40,000 |
2176423 Ontario Ltd. (Eric Sprott) |
Y |
4,000,000 |
Aggregated ProGroup (6 subscribers) |
P |
314,000 |
Finder's Fee: |
An aggregate of $9,000 cash, 307,440 Units and 319,440 broker's warrant |
|
The Company has confirmed the closing of the Private Placement in a news release dated February 21, 2019.
AMEX EXPLORATION INC. ("AMX")
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 27 mars 2019
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier tel qu'annoncé le 12 février 2019:
Nombre d'actions : |
7 256 000 actions ordinaires |
|
Prix : |
0,75$ par action ordinaire |
|
Bons de souscription : |
3 628 000 bons de souscription permettant de souscrire à 3 628 000 actions |
|
Prix d'exercice des bons : |
1,25 $ pour une période de 18 mois suite à la clôture du placement privé |
|
Nombre de souscripteurs : |
30 souscripteurs |
|
Participation des initiés / Groupe Pro : |
||
Initié=Y / |
||
Nom |
Groupe Pro=P |
# d'actions |
Victor Cantore |
Y |
200 000 |
9254-4823 Québec Inc. (Pierre Carrier) |
Y |
40 000 |
André Shareck |
Y |
40 000 |
2176423 Ontario Ltd. (Eric Sprott) |
Y |
4 000 000 |
Aggregated ProGroup (6 souscripteurs) |
P |
314 000 |
Honoraire d'intermédiation : |
Une somme total de 9 000 $ comptant, 307 440 Unités et 319 440 bons de |
|
La société a confirmé la clôture du placement privé dans un communiqué de presse daté du 21 février 2019.
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CANALASKA URANIUM LTD. ("CVV")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 27, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Property Purchase Agreement dated March 20, 2019 between the Company and Canalaska Uranium Ltd. whereby the Company has acquired the ORE Claims located in Manitoba. Consideration is $25,000, 300,000 common shares and 100,000 warrants that are exercisable at $0.28 per share for a two year period.
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CORE GOLD INC. ("CGLD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 27, 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, 2019:
Number of Shares: |
9,151,363 shares |
Purchase Price: |
$0.44 per share |
Number of Placees: |
1 Placee |
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release dated March 25, 2019 announcing the closing of the private placement and setting out the expiry dates of the hold period.
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DESERT MOUNTAIN ENERGY CORP. ("DME")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 27, 2019
TSX Venture Tier 2 Company
Effective at 6:30 a.m. PST, March 27, 2019, shares of the Company resumed trading, an announcement having been made.
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DIAGNOS INC. ("ADK")
BULLETIN TYPE: Halt
BULLETIN DATE: March 27, 2019
TSX Venture Tier 2 Company
Effective at 7:48 a.m. PST, March 27, 2019, trading in the shares of the Company was halted at the request of the Company, pending Company Contact; 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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ERIN VENTURES INC. ("EV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 27, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 20, 2019:
Number of Shares: |
4,273,263 common share units ("Units") |
|
Each Unit consists of one common share and one common share purchase |
||
Purchase Price: |
$0.11 per Unit |
|
Warrants |
4,273,263 share purchase warrants |
|
Warrant Exercise Price: |
$0.15 in the first year and $0.30 from the second to the fifth year following the |
|
Number of Placees: |
19 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of shares |
Blake Fallis |
Y |
50,000 |
Finder's Fee: |
John Wiebe - $5,500.00 cash payment |
|
Lamont Stradeski - $1,500.00 cash payment |
||
August Scerbo - $1,925.00 cash payment |
||
Don Metcalfe - $1,427.25 cash payment |
||
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release announcing the closing of the private placement on March 25, 2019 setting out the expiry dates of the hold period(s).
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FIVE STAR DIAMONDS LIMITED ("STAR")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: March 27, 2019
TSX Venture Tier 1 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated March 25, 2019, trading in the shares of the Company will remain halted Pending receipt and review of acceptable documentation regarding the Proposed Transaction with Spirit Banner IIpursuant to Listings Policy 5.3.
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GREAT BEAR RESOURCES LTD. ("GBR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 27, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Option Agreement dated March 1, 2019 between Great Bear Resources Ltd. (the "Company"), 1544230 Ontario Inc. and Perry English (the "Vendor") whereby the Company will acquire three groups of claims; Dixie-Pakwash, Dixie-Deedee Lake Group and Sobel claims located in the Red Lake Gold District, Ontario. Consideration, staged over a four year period, is $195,000 cash and 70,000 common shares. In relation to the Dixie-Deedee Lake Group claims, upon exercise of the option, the Company will grant the Vendor a 0.75% Net Smelter Return Royalty, which the Company may repurchase at any time by issuing 38,500 common shares.
For a more detailed breakdown of the payment schedule, please refer to the Company's news release dated March 11, 2019.
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MEMEX INC. ("OEE")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: March 27, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue up to 7,500,000 share purchase warrants of the Company (the "Warrants") in connection with a non-revolving first lien secured term loan up to $1,400,000 from G&G Capital Inc. and $100,000 from the Officers of the Company for a total of $1,500,000 (collectively, the "Loan").The first tranche of the Loan would be for an aggregate amount of $750,000 upon closing date. The Loan will have a three year term and the Lenders will make up to two additional tranches available to the Company during the term at a maximum of $350,000 each tranche. Up to 3,750,000 Warrants may be issued on the closing date on advance of the initial amount and up to 3,750,000 Warrants may be issued in the future on advance of the additional tranches. Each warrant entitles the holder thereof to purchase one common share of the Company at $0.05 for the Warrants issued on the closing date and the closing price of the common shares of the Company on the TSX Venture Exchange prior to the date of issuance of the Warrants (subject to a minimum exercise price of $0.05) for the Warrants issued for the additional tranches. Expiry of the Warrants shall coincide with the maturity of the Loan. The net proceeds of the Loan will be used to fund the on-going operations of the Company including working capital and general corporate purposes and shall bear an interest rate of 8%+ Royal Bank prime rate per annum, payable in cash or with 35% premium to the cash price, payable in common shares of the Company, the shares being valued at the closing price of the Company's shares as traded on the TSX Venture Exchange on the last trading day preceding payment.
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MINERA ALAMOS INC. ("MAI")
BULLETIN TYPE: Private Placement- Non-Brokered
BULLETIN DATE: March 27, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on February 26, 2019:
Number of Shares: |
49,947,500 common shares |
|
Purchase Price: |
$0.10 per share |
|
Number of Placees: |
31 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Aggregate Pro Group Involvement |
P |
900,000 |
[3 Placees] |
||
Finder's Fee: |
Aggregate of $280,200 in cash and 2,898,000 finders warrants payable to |
|
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.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a new release announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
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PHOENIX GOLD RESOURCES CORP. ("PXA")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 27, 2019
TSX Venture Tier 2 Company
Effective at 6:30 a.m. PST, March 27, 2019, shares of the Company resumed trading, an announcement having been made.
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PLANET VENTURES INC. ("PXI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 27, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 1, 2019:
Number of Shares: |
22,000,000 shares |
|
Purchase Price: |
$0.05 per share |
|
Warrants: |
22,000,000 share purchase warrants to purchase 22,000,000 shares |
|
Warrant Exercise Price: |
$0.10 for a two year period |
|
Number of Placees: |
18 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Zula Kropivnitski |
Y |
200,000 |
Desmond Balakrishnan Law Corporation (Desmond Balakrishnan) |
Y |
300,000 |
Aggregate Pro Group Involvement |
P |
1,500,000 |
[4 Placees] |
||
Finder's Fee: |
Leede Jones Gable $4,200 cash payable. |
|
Echelon Wealth Partners Inc. $1,050 cash payable. |
||
Cascadia Developments Corp. $28,000 cash payable. |
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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. [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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QUEBEC PRECIOUS METALS CORPORATION ("CJC")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 27, 2019
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, March 27, 2019, shares of the Company resumed trading, an announcement having been made.
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VITALHUB CORP. ("VHI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 27, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an Asset Purchase Agreement (the "Agreement") dated February 26, 2019, between Vitalhub Corp. (the "Company") and two (2) arm's length parties (collectively, the "Vendors"), whereby the Company has acquired substantially all of the assets of The Oak Group, Inc. and all of the issued and outstanding share capital of the The Oak Group (UK) Ltd. (collectively, "The Oak Group") – a software and service provider of its propriety Making Care Appropriate for Patients (MCAP) System.
As consideration for the $1,640,000 purchase price of The Oak Group, the Company will make aggregate cash payments of $751,000 and issue 4,032,682 common shares at a deemed value of $0.22 per share to the Vendors.
For further details, please refer to the Company's news releases dated February 26, 2019 and March 20, 2019.
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NEX COMPANIES
DIVESTCO INC. ("DVT.H")
BULLETIN TYPE: Halt
BULLETIN DATE: March 27, 2019
NEX Company
Effective at 4:39 a.m. PST, March 27, 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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DIVESTCO INC. ("DVT.H")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 27, 2019
NEX Company
Effective at 10:30 a.m. PST, March 27, 2019, shares of the Company resumed trading, an announcement having been made.
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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