TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, BC, Dec. 30, 2024 /CNW/ -
TSX VENTURE COMPANIES
BULLETIN V2024-3916
ALX RESOURCES CORP. ("AL")
BULLETIN TYPE: Plan of Arrangement, Delist
BULLETIN DATE: December 30, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with a plan of arrangement (the "Arrangement") pursuant to an arrangement agreement dated October 11, 2024 (the "Arrangement Agreement") between ALX Resources Corp. ("ALX") and Greenridge Exploration Inc. ("Greenridge"). Pursuant to the terms of the Arrangement Agreement, Greenridge acquired all of the issued and outstanding shares of ALX for consideration payable in shares of Greenridge. Each ALX shareholder received 0.045 common shares of Greenridge for each ALX common share held.
The Exchange has been advised that approval of the Arrangement by shareholders of ALX was received at a meeting of the shareholders held on December 2, 2024 and that approval of the Arrangement was received from the Supreme Court of British Columbia on December 4, 2024. The full particulars of the Arrangement are set forth in the Management Information Circular of ALX dated May 15, 2023, which is available under ALX's profile on SEDAR+.
ALX and Greenridge closed the Arrangement on December 30, 2024.
Delisting:
In conjunction with the closing of the Arrangement, ALX has requested that its common shares be delisted. Accordingly, effective at the close of business, Tuesday, December 31, 2024, the common shares of ALX will be delisted from the Exchange.
Insider / Pro Group Participation: None
________________________________________
BULLETIN V2024-3917
ELECTRA BATTERY MATERIALS CORPORATION ("ELBM")
BULLETIN TYPE: Consolidation
BULLETIN DATE: December 30, 2024
TSX Venture Tier 2 Company
Pursuant to a special resolution of shareholders and a directors' resolution passed on December 20, 2024, the Company has consolidated its capital on a four (4) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening on Thursday, January 2, 2025, the common shares of Electra Battery Materials Corporation will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a "Mining" company.
Post - Consolidation
Capitalization: Unlimited shares with no par value of which
14,803,355 shares are issued and outstanding
Escrow Nil shares are subject to escrow
Transfer Agent: TSX Trust Company
Trading Symbol: ELBM (UNCHANGED)
CUSIP Number: 28474P706 (new)
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BULLETIN V2024-3918
THE WESTAIM CORPORATION ("WED")
BULLETIN TYPE: Plan of Arrangement, Consolidation
BULLETIN DATE: December 30, 2024
TSX Venture Tier 1 Company
Plan of Arrangement
TSX Venture Exchange (the "Exchange") has accepted for filing The Westaim Corporation's (the "Company") plan of arrangement (the "Plan of Arrangement") to be completed on December 31, 2024.
The Plan of Arrangement involves the Company (a) completing a share consolidation of its Common Shares on the basis of one post-consolidation Common Share for every six pre-consolidation Common Shares and (b) changing its jurisdiction of incorporation from the Province of Alberta in Canada to the State of Delaware in the United States of America.
The Exchange has accepted for filing the continuation of the Company from the Province of Alberta to the laws of the State of Delaware as approved by the shareholders of the Company on December 19, 2024. The Company has advised the Exchange that the change shall be effective December 31, 2024.
For further details, refer to the Company's Management Information Circular dated November 19, 2024, which is available under the Company's profile on SEDAR+, and the Company's news releases dated October 9, 2024, November 18, 2024, and December 19, 2024.
Consolidation
Pursuant to a resolution passed by shareholders of the Company on December 19, 2024, the Company will consolidate its capital on the basis of one (1) post-consolidation Common share for every six (6) pre-consolidation Common Shares. The name of the Company will not be changed.
Effective at the opening, Thursday January 2, 2025, the common shares of The Westaim Corporation will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as an "Investment" company.
Post – Arrangement
Capitalization: Unlimited shares with par value $0.001 per share, of which
21,361,813 shares are issued and outstanding
Escrow Nil shares are subject to escrow
Transfer Agent: Computershare Trust Company of Canada
Trading Symbol: WED (UNCHANGED)
CUSIP Number: 956925101 (New)
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24/12/30 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
BULLETIN V2024-3919
COLIBRI RESOURCE CORPORATION ("CBI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 30, 2024
TSX Venture Tier 2 Company
Financing Type: |
Non-Brokered Private Placement |
Gross Proceeds: |
$305,500 |
Offering: |
6,110,000 Listed Shares with 6,110,000 warrants |
Offering Price: |
$0.05 per Listed Share |
Warrant Exercise Terms: |
$0.075 per Listed Share for a two-year period |
Commissions in Securities: |
N/A |
Disclosure: |
Refer to the company's news release(s) dated August 23, 2024, September 6, 2024, October 4, 2024, December 20, 2024. |
_______________________________________
BULLETIN V2024-3920
CRITERIUM ENERGY LTD. ("CEQ")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 30, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,250,000 common shares to settle outstanding debt for $98,310.
Number of Creditors: 1 Creditor
For more information, refer to the Company's news release dated November 28, 2024.
_______________________________________
BULLETIN V2024-3921
DELPHX CAPITAL MARKETS INC. ("DELX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 30, 2024
TSX Venture Tier 2 Company
Financing Type: |
Non-Brokered Private Placement |
Gross Proceeds: |
$348,100.08 |
Offering: |
2,900,834 Listed Shares with 2,900,834 warrants |
Offering Price: |
$0.12 per Listed Share |
Warrant Exercise Terms: |
$0.20 per Listed Share for a five-year period |
Commissions in Securities: |
Shares Warrants |
Finders (Aggregate) N/A 29,400 |
|
Commission Terms: Each non-transferable warrant is exercisable at $0.20 for a five-year period |
|
Disclosure: |
Refer to the company's news release(s) dated November 15, 2024, December 11, 2024. |
_______________________________________
BULLETIN V2024-3922
GREENBRIAR SUSTAINABLE LIVING INC. ("GRB")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 30, 2024
TSX Venture Tier 2 Company
Debt Settled: |
$1,000,000 |
Securities Issued: |
2,197,802 Listed Shares |
Issue Price: |
$0.455 per Listed Share |
Disclosure: |
Refer to the company's news releases dated August 30, 2024 and December 30, 2024. |
_______________________________________
BULLETIN V2024-3923
INDEPENDENCE GOLD CORP. ("IGO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 30, 2024
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on December 12, 2024:
Financing Type : |
Non-Brokered Private Placement |
Gross Proceeds : |
$1,999,989.90 |
Offering : |
6,666,633 Flow-through shares |
Offering Price: |
$ 0.30 per Flow- through share |
Commissions in Securities: |
Shares Warrants |
Finders (Aggregate) N/A 159,997 |
|
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release on December 19, 2024, announcing the closing of the private placement. |
_______________________________________
BULLETIN V2024-3924
KINCORA COPPER LIMITED ("KCC")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: December 30, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on October 16, 2024:
Financing Type: |
Non-Brokered Private Placement |
Gross Proceeds : |
CAD $1,206,023.71 (AUD $1,273,025.03) |
Offering : |
33,500,659 Listed Shares with 16,750,329 warrants |
Offering Price: |
CAD$0.036 (AUD $0.038) per Listed Share |
Warrant Exercise Terms: |
CAD $0.070 (AUD $0.075) per Listed Share for a 2-year period. |
Commissions in Securities: |
Shares Warrants |
Finders (Aggregate) N/A N/A |
|
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued news releases on October 22, 2024 and December 23, 2024, announcing the closing of the private placement. |
_______________________________________
BULLETIN V2024-3925
LQWD TECHNOLOGIES CORP. ("LQWD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 30, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on November 15, 2024:
Financing Type: |
Non-Brokered Private Placement |
Gross Proceeds: |
$ 3,000,000 |
Offering: |
2,000,000 Listed Shares with 1,000,000 warrants |
Offering Price: |
$ 1.50 per Listed Share |
Warrant Exercise Terms: |
$2.00 per Listed Share for 18-month period, subject to accelerated expiry. |
Commissions in Securities: |
Shares Warrants |
Finders (Aggregate) N/A N/A |
|
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release on December 23, 2024, announcing the closing of the private placement. |
_______________________________________
BULLETIN V2024-3926
LION ONE METALS LIMITED ("LIO")
BULLETIN TYPE: Warrant Price Amendment
BULLETIN DATE: December 30, 2024
TSX Venture Tier 1 Company
TSX Venture Exchange has consented to the repricing of the following warrants:
# of Warrants: 15,333,087
Original Expiry Date of Warrants: February 09, 2027
Original Exercise Price of Warrants: $1.15
New Exercise Price of Warrants: $0.38
These bonus warrants were issued pursuant to a loan amount of $ 23,000,000. Please refer to the Company's new release dated December 02, 2024, for further details.
_______________________________________
BULLETIN V2024-3927
METALERO MINING CORP. ("MLO")
BULLETIN TYPE: Shares for Debt, Property-Asset or Share Disposition Agreement
BULLETIN DATE: December 30, 2024
TSX Venture Tier 2 Company
Shares for Debt
Debt Settled: $710,961.32
Securities Issued: 4,739,739 Listed Shares
Issue Price: $0.15 per Listed Share
Disclosure: Refer to the company's news releases dated October 18, 2024 and December 27, 2024
Property-Asset or Share Disposition Agreement
TSX Venture Exchange has accepted for filing documentation with respect to the arm's length disposition of a 49% interest in the Goldrun, Roberts Creek and Cobre mineral properties located in Nevada as partial settlement of US$330,000 debt, as described above.
For further details, please refer to the Company's news releases dated October 18, 2024 and December 27 2024.
_______________________________________
BULLETIN V2024-3928
NIO STRATEGIC METALS INC. ("NIO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 30, 2024
TSX Venture Tier 2 Company
Financing Type: |
Non-Brokered Private Placement |
Gross Proceeds: |
$329,000.04 |
Offering: |
5,483,334 Flow Through Listed Shares |
Offering Price: |
$0.06 per Flow Through Listed Share |
Commissions in Securities: |
Shares Warrants |
Commission Terms: Each non-transferable warrant is exercisable at $0.08 for a period of 24 months. |
|
Disclosure: |
Refer to the company's news release dated December 18, 2024. |
NIO MÉTAUX STRATÉGIQUES INC. (« NIO »)
TYPE DE BULLETIN : Placement privé sans courtier
DATE DU BULLETIN : Le 30 décembre 2024
Société du groupe 2 de TSX Croissance
Type de financement : |
Placement privé sans l'entremise d'un courtier |
Produit brut : |
329 000,04 $ |
Placement : |
5 483 334 actions inscrites accréditives |
Prix offert : |
0,06 $ par action inscrite accréditive |
Commissions en titres: |
Actions Bons de souscription |
Modalités des commissions : Chaque bon de souscription non transférable permet de souscrire à une action au prix d'exercice de 0,08 $ pendant une période de 24 mois. |
|
Communication de |
Se reporter au communiqué de presse de la société daté du 18 décembre 2024. |
_______________________________________
BULLETIN V2024-3929
NORTHISLE COPPER AND GOLD INC. ("NCX")
BULLETIN TYPE : Private Placement- Brokered
BULLETIN DATE: December 30, 2024
TSX Venture Tier 1 Company
Financing Type: |
Brokered Private Placement |
Gross Proceeds: |
$9,918,076 |
Offering: |
10,836,000 Flow-Through Common Shares |
Offering Price: |
$0.646 per Flow-Through Common Share |
Disclosure: |
Refer to the company's news releases dated November 14, 2024, and December 5, 2024. |
_______________________________________
BULLETIN V2024-3930
OPENSESAME ACQUISITION CORP. ("OPEN.P")
BULLETIN TYPE: Halt
BULLETIN DATE: December 30, 2024
TSX Venture Tier 2 Company
Effective at 5:52 a.m. PST, Dec. 30, 2024, trading in the shares of the Company was halted, pending news; this regulatory halt is imposed by the Canadian Investment Regulatory Organization, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.
_______________________________________
BULLETIN V2024-3931
PRIMARY HYDROGEN CORP. ("HDRO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 30, 2024
TSX Venture Tier 2 Company
Financing Type: |
Non-Brokered Private Placement |
Gross Proceeds: |
$750,000 |
Offering: |
1,875,000 Flow Through Common Shares with 937,500 warrants attached |
Offering Price: |
$0.40 per Flow Through Common Share |
Warrant Exercise Terms: |
$0.55 per Listed Share for an 18-month period. |
Commissions in Securities: |
N/A |
Disclosure: |
Refer to the company's news releases dated December 13, 2024 and December 23, 2024. |
_______________________________________
BULLETIN V2024-3932
SSC SECURITY SERVICES CORP. ("SECU")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: December 30, 2024
TSX Venture Tier 1 Company
TSX Venture Exchange has been advised by SSC Security Services Corp. (the "Company") that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated December 9, 2024, the Company may repurchase for cancellation up to 1,150,000 common shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange during the period from January 6, 2025, to January 5, 2026. Purchases pursuant to the bid will be made by CIBC Capital Markets on behalf of the Company.
For more information, please refer to the Company's news release dated December 9, 2024.
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BULLETIN V2024-3933
SAGE POTASH CORP. ("SAGE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 30, 2024
TSX Venture Tier 2 Company
Financing Type: |
Non-Brokered Private Placement |
Gross Proceeds: |
$280,000 |
Offering: |
1,400,000 Listed Shares |
Offering Price: |
$0.20 per Listed Share |
Warrant Exercise Terms: |
N/A |
Non-Cash Commissions: |
Shares Warrants |
Finders (Aggregate) N/A 88,000 |
|
Commission Terms: Each non-transferable warrant is exercisable at $0.20 for a 2-year period |
|
Public Disclosure: |
Refer to the company's news release(s) dated December 27, 2024. |
_______________________________________
BULLETIN V2024-3934
TELO GENOMICS CORP. ("TELO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 30, 2024
TSX Venture Tier 2 Company
Financing Type: |
Non-Brokered Private Placement |
Gross Proceeds: |
$2,545,900 |
Offering: |
25,459,000 Listed Shares with 25,459,000 warrants attached |
Offering Price: |
$0.10 per Listed Share |
Warrant Exercise Terms: |
$0.15 per Listed Share for a three-year period, subject to an acceleration right. |
Commissions in Securities: |
Shares Warrants |
Commission Terms: Each non-transferable warrant is exercisable at $0.10 for a one-year period. |
|
Disclosure: |
Refer to the company's news release(s) dated December 12, 2024 and December 23, 2024. |
_______________________________________
BULLETIN V2024-3935
VELOX ENERGY MATERIALS INC. ("VLX")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: December 30, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has consented to the extension of the expiry date of the following warrants:
Private Placement:
# of Warrants: 13,715,281 (post-consolidation)
Original Expiry Date of Warrants: October 14, 2024, later extended to December 31, 2024
New Expiry Date of Warrants: June 30, 2025
Exercise Price of Warrants: $0.144 (post-consolidation)
The Company consolidated its capital on a two-point-eight-eight (2.88) old for one (1) new basis effective August 23, 2024. These warrants were issued pursuant to a private placement of 79,000,001 pre-consolidated shares with 39,500,003 pre-consolidated share purchase warrants attached, which was accepted for filing by the Exchange effective October 18, 2022.
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BULLETIN V2024-3936
XXIX METAL CORP. ("XXIX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 30, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to an Option to Purchase Agreement dated October 18, 2024, as amended December 12, 2024 between the Company, and SOQUEM Inc., a subsidiary of Investissement Quebec (the "Seller"). Pursuant to the acquisition, the Company acquired the remaining 50% ownership interest in the Roger gold-copper project.
Pursuant to the Agreement, the Company has paid an initial compensation to Seller of $75,000. To maintain the option to acquire the interest in the project, the Company will have to make further payments to the Seller as follows:
- $450,000 in common shares in the capital of the Company on or before the first anniversary of the closing date;
- $425,000 in common shares on or before the second anniversary of the closing date;
- $375,000 in common shares on or before the third anniversary of the closing date;
- $350,000 in common shares on or before the fourth anniversary of the closing date.
The number of common shares to be issued to the Seller will be calculated on the basis of the higher of: (i) an issue price per common share equal to the volume-weighted average price for the 10 days preceding the issue date, subject to the policies of the TSX Venture Exchange; or (ii) five cents per common share. In no event shall the amount of common shares to be issued to the Seller under the agreement exceed 17,777,778 common shares. In the event that the share cap is reached, the Company shall make all remaining payments owed to the Seller in cash.
Pursuant to the Agreement, the Company has also granted the Seller a 2.0% net smelter royalty (NSR) in respect of the project. The Company may repurchase 1% of the NSR by paying $1,500,000 to the Seller in cash. The Company may repurchase the remaining 1% by paying $3,000,000 to the Seller in cash.
For further information, refer to the Company's news releases dated October 21, 2024 and December 30, 2024.
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BULLETIN V2024-3937
XANDER RESOURCES INC. ("XND")
BULLETIN TYPE: Warrant Price Amendment
BULLETIN DATE: December 30, 2024
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: |
350,000 |
Expiry Date of Warrants: |
June 7, 2026 |
Forced Exercise Provision: |
If the closing price for the Company's shares is $0.325 or |
Original Exercise Price of Warrants: |
$0.70 |
New Exercise Price of Warrants: |
$0.26 |
These warrants were issued pursuant to a private placement of 3,500,000 pre-consolidation shares with 3,500,000 pre-consolidation share purchase warrants attached, which was accepted for filing by the Exchange effective June 12, 2024.
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NEX COMPANY:
BULLETIN V2024-3938
KINGSLAND ENERGY CORP. ("KLE.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 30, 2024
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement:
Financing Type : |
Non-Brokered Private Placement |
Gross Proceeds : |
$ 25,000 |
Offering : |
476,191 Listed Shares |
Offering Price: |
$ 0.0525 per Listed Share |
Commissions in Securities: |
Shares Warrants |
Finders (Aggregate) N/A N/A |
|
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release on December 26, 2024, announcing the closing of the private placement. |
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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