TSX Venture Exchange Daily Bulletins
VANCOUVER, May 14 /CNW/ -
TSX VENTURE COMPANIES
AFRICAN QUEEN MINES LTD. ("AQ")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: May 14, 2009
TSX Venture Tier 2 Company
Further to the bulletin dated May 12, 2009, TSX Venture Exchange has been
advised that the disclosure of Bridgewater Pension Trustees Ltd. as ProGroup
was in error.
The ProGroup placee should have been identified as Darcy Higgs subscribing
for 100,000 units at $0.30 per unit.
Also, the Exchange has been advised that Haywood Securities Inc. will
receive a finder's fee of $4200.00.
TSX-X
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ANFIELD VENTURES INC. ("ANF")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 14, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 21, 2009:
Number of Shares: 10,150,000 shares
Purchase Price: $0.35 per share
Number of Placees: 1 placee
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Lumina Capital Limited Y 10,150,000
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.
TSX-X
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ANSELL CAPITAL CORP. ("ACP")
BULLETIN TYPE: Property-Asset or Share Purchase Agreements
BULLETIN DATE: May 14, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation in connection
with the following:
1. A Mining Lease with Option to Purchase Agreement dated April 18, 2009
between the Company and Arthur R. Leger whereby the Company has been
granted a lease and an option to purchase the Redrock Property that
is located in Lander County, Nevada. The aggregate consideration
payable over a 10 year period is US$2,000,000, 1,100,000 common
shares and US$2,000,000 in exploration or other work commitments. The
property is subject to a 2% net smelter return royalty of which the
Company may purchase half for US$2,000,000 subject to further
Exchange review and acceptance.
2. A Mining Lease with Option to Purchase Agreement dated April 18, 2009
between the Company and Arthur R. Leger whereby the Company has been
granted a lease and an option to purchase the Battle Mountain
Property that is located in Lander County, Nevada. The aggregate
consideration payable over a 10 year period is US$1,500,000,
1,000,000 common shares and US$1,900,000 in exploration or other work
commitments. The property is subject to a 2% net smelter return
royalty of which the Company may purchase half for US$2,000,000
subject to further Exchange review and acceptance.
TSX-X
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BOWMORE EXPLORATION LTD. ("BOW")
BULLETIN TYPE: Halt
BULLETIN DATE: May 14, 2009
TSX Venture Tier 2 Company
Effective at 12:28 p.m. PST, May 14, 2009, trading in the shares of the
Company was halted at the request of the Company, pending an announcement;
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.
TSX-X
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BOXXER GOLD CORP. ("BXX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 14, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced February 24, March 5, March 25,
April 3, April 16, and May 1, 2009:
Number of Shares: 17,000,000 Units
(Each Unit consists of one common share and
one-half of one share purchase warrant.)
Purchase Price: $0.03 per Unit
Warrants: 8,500,000 share purchase warrants to purchase
8,500,000 shares
Warrant Exercise Price: $0.10 for a period of 18 months from the date of
issuance
Number of Placees: 36 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Units
Gerald L. Roe Y 1,340,000
Randall G. Bergh P 350,000
Derek Jansen P 250,000
Albert Wong P 110,000
Finder's Fee: $19,560 and 715,000 Finder's Warrants payable to
Union Securities Ltd.
$8,520 and 355,000 Finder's Warrants payable to
Raymond James Ltd.
$4,800 and 200,000 Finder's Warrants payable to
Jones, Gable & Company Limited
$2,040 and 85,000 Finder's Warrants payable to
Blackmont Capital Inc.
$300 and 12,500 Finder's Warrants payable to
Wolverton Securities Ltd.
$240 and 10,000 Finder's Warrants payable to
Northern Securities Inc.
$240 and 10,000 Finder's Warrants payable to
PI Financial Corp.
TSX-X
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CADISCOR RESOURCES INC. ("CAO")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture
BULLETIN DATE: May 14, 2009
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced on March 31, 2009:
Convertible Debenture: $5,400,000
Conversion Price: Principal is convertible into common shares at a
conversion price of $0.50 per share
Maturity Date: September 30, 2010
Interest Rate: 12% per annum
Number of Placees: 1 placee
Insider/Pro Group Participation:
Insider equals Y/
Name Pro Group equals P Number of shares
North American
Palladium Ltd. Y 10,800,000
The Company has confirmed the closing of the above-mentioned Private
Placement.
RESSOURCES CADISCOR INC. ("CAO")
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier,
débenture convertible
DATE DU BULLETIN : Le 14 mai 2009
Société du groupe 1 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 31 mars
2009 :
Débenture convertible : 5 400 000 $
Prix de conversion : Le capital est convertible en actions
ordinaires au prix de conversion de 0,50 $
par action
Date d'échéance : 30 septembre 2010
Taux d'intérêt : 12 % par année
Nombre de souscripteurs : 1 souscripteur
Participation des initiés/Groupe Pro :
Initié égale Y/
Nom Groupe Pro égale P Nombre d'actions
North American
Palladium Ltd. Y 10 800 000
TSX-X
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FIRST GOLD EXPLORATION INC. ("EFG")
BULLETIN TYPE: Private Placement- Non-Brokered
BULLETIN DATE: May 14, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced March 19, 2009:
Number of Shares: 5,000,000 common shares and 2,500,000 flow-
through common shares
Purchase Price: $0.06 per common share and $0.08 per flow-
through common share
Warrants: 7,500,000 share purchase warrants to purchase
7,500,000 common shares
Warrant exercise price: $0.10 for the 36-month period following the
closing of the private placement
Insider/Pro Group Participation:
Insider equals Y/
Name Pro Group equals P Number of shares
Eric Leboeuf Y 500,000
David Hamilton Smith P 100,000
Robert Boisjoli Y 100,000
Louis Després P 100,000
Finders' fee: $6,600 in cash to Canaccord Capital Corporation
and $2,400 in cash to National Bank Financial
The Company has confirmed the closing of the above-mentioned private
placement by way of news releases dated April 1, 2009 and April 8, 2009.
EXPLORATION FIRST GOLD INC. ("EFG")
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 14 mai 2009
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 19 mars
2009:
Nombre d'actions : 5 000 000 d'actions ordinaires et 2 500 000
actions ordinaires accréditives
Prix : 0,06 $ par action ordinaire et 0,08 $ par
action ordinaire accréditive
Bons de souscription : 7 500 000 bons de souscription permettant de
souscrire à 7 500 000 actions ordinaires
Prix d'exercice des bons : 0,10 $ pour une période de 36 mois suivant la
clôture
Participation Initié/Groupe Pro :
Initié égale Y/
Nom Groupe Pro égale P Nombre d'actions
Eric Leboeuf Y 500 000
David Hamilton Smith P 100 000
Robert Boisjoli Y 100 000
Louis Després P 100 000
Honoraires des
intermédiaires : 6 600 $ en espèces à Canaccord Capital
Corporation et 2 400 $ en espèces à
Financière Banque Nationale.
La société a confirmé la clôture du placement privé mentionné ci-dessus en
vertu de communiqués de presse daté du 1 avril 2009 et 8 avril 2009.
TSX-X
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FORTRESS MINERALS CORP. ("FST")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 14, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced May 4, 2009:
Number of Shares: 14,000,000 shares
Purchase Price: $0.25 per share
Number of Placees: 12 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Tom Vinterlik P 100,000
Paul Trudeau P 100,000
Zebra Holdings and
Investments S.a.r.l.
(Lundin Family Trust) Y 1,800,000
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.
TSX-X
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HEDGER CAPITAL INC. ("HEC.P")
BULLETIN TYPE: Halt
BULLETIN DATE: May 14, 2009
TSX Venture Tier 2 Company
Effective at 10:42 a.m. PST, May 14, 2009, trading in the shares of the
Company was halted at the request of the Company, pending an announcement;
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.
TSX-X
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MAJESTIC GOLD CORP. ("MJS")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement, Remain
Suspended
BULLETIN DATE: May 14, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted an agreement between Majestic Gold Corp.
(the "Company") and Xinjiang Baodi Mining Ltd. ("Xinjiang Baodi"). Pursuant to
the agreement, the Company will sell its 72% joint venture interest in the
Sawayaerdun gold project in Xinjiang Province, western China.
Aggregate consideration payable by Xinjiang Baodi to the Company is:
- Approximately $7,350,000 cash (40,500,000 Chinese Yuan (CNY) at
5.51CNY:1.00 CAD)
Trading in the Company's securities will remain suspended.
TSX-X
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MANDALAY RESOURCES CORPORATION ("MND")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 14, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement dated
April 14, 2009 between Mandalay Resources Corporation (the 'Company') and
Inversiones Y Mineria Andale Ltda., a Chilean company owned by Doug MacDonald,
whereby the Company will acquire a 100% interest in six properties (Los Santos
Ladrones, Las Rockeras, El Garrafal, Las Marianas, Las Santas Musas and Las
Gaviotas mineral projects) collectively known as the Santos Ladrones Option
located in central Chile.
Total consideration for each of the six properties consists of up to
US$1,000,000 in staged cash payments starting in the second year and payable
over a period of up to eight years from Exchange approval, and the issuance of
1,000,000 shares of the Company over a period of eighteen months. For more
information, see the company's news release dated April 15, 2009.
TSX-X
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MEDMIRA INC. ("MIR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 14, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 22, 2009:
Number of Shares: 968,782 shares
Purchase Price: $0.0774 per share
Number of Placees: 1 placee
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. The
Company must also issue a news release if the private placement does not close
promptly.
TSX-X
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MONTEC HOLDINGS INC. ("MTE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 14, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to
a non-arm's length purchase agreement, in connection with the acquisition of a
49% interest of Datex Billing Services ("Datex"). The Company already held a
51% interest in Datex before the transaction. The deemed consideration paid
was $2,250,000 through the issuance of 9,381,500 common shares and 18,743,500
Series B Preferred Shares (the "Preferred Shares") at a price of $0.08 per
share. The purchase price may be increased over time by a maximum of
$1,250,000 pursuant to an earn-out formula based on Datex's net earnings.
For further information, please refer to the Company's news releases dated
April 1, 2008, January 21, 2009 and January 27, 2009.
LES PLACEMENTS MONTEC INC. ("MTE")
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : 14 mai 2009
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents en vertu d'une
convention d'acquisition impliquant des parties ayant un lien de dépendance
avec la société, relativement à l'acquisition d'un intérêt de 49 % de Datex
Billing Services ("Datex"). La société détenait déjà un intérêt de 51 % de
Datex avant la transaction. La contrepartie réputée est 2 250 000 $ par
l'émission de 9 381 500 actions ordinaires et 18 743 500 actions privilégiées
série B au prix de 0,08 $ l'action. Le prix d'acquisition peut être augmenté
d'un maximum de 1 250 000 $ en vertu d'une clause basée sur les profits nets
de Datex.
Pour de plus amples renseignements, veuillez vous référer aux communiqués
de presse de la société datés des 1 avril 2008, 21 janvier 2009 et 27 janvier
2009.
TSX-X
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MONTEC HOLDINGS INC. ("MTE")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 14, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 2,125,000 shares at a deemed price of $0.08 per share, to settle an
outstanding debt of $170,000.
Number of Creditors: 1 creditor
Deemed
Insider equals Y/ Amount Price Number
Creditor Pro Group equals P Owing per Share of Shares
Myer Bentob Y $170,000 $0.08 2,125,000
The Company shall issue a press release when the shares are issued and the
debt extinguished.
LES PLACEMENTS MONTEC INC. ("MTE")
TYPE DE BULLETIN : Emission d'actions en règlement d'une dette
DATE DU BULLETIN : Le 14 mai 2009
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation de la
société en vertu de l'émission proposée de 2 125 000 actions au prix réputé de
0,08 $ l'action, en règlement d'une dette de 170 000 $.
Nombre de créanciers : 1 créancier
Initié égale Y/ Prix par Nombre
Créancier Groupe Pro égale P Montant dû action d'actions
Myer Bentob Y 170 000 $ 0,08 $ 2 125 000
La société doit émettre un communiqué de presse lorsque les actions seront
émises et que la dette sera réglée.
TSX-X
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MONTEC HOLDINGS INC. ("MTE")
BULLETIN TYPE: Private Placement- Non-Brokered
BULLETIN DATE: May 14, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced January 21, 2009:
Number of Shares: 5,000,000 common shares
Purchase Price: $0.08 per common share
Number of placees: 1
Insider/Pro Group Participation:
Insider equals Y/
Name Pro Group equals P Number of shares
Myer Bentob Y 5,000,000
The Company has confirmed the closing of the above-mentioned private
placement by way of news release dated January 27, 2009.
LES PLACEMENTS MONTEC INC. ("MTE")
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 14 mai 2009
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 21
janvier 2009:
Nombre d'actions : 5 000 000 d'actions ordinaires
Prix : 0,08 $ par action ordinaire
Nombre de souscripteurs : 1
Participation Initié/Groupe Pro :
Initié égale Y/
Nom Groupe Pro égale P Nombre d'actions
Myer Bentob Y 5 000 000
La société a confirmé la clôture du placement privé mentionné ci-dessus en
vertu d'un communiqué de presse daté du 27 janvier 2009.
TSX-X
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MPL COMMUNICATIONS INC. ("MPZ")
BULLETIN TYPE: Sustaining Fees-Resume Trading
BULLETIN DATE: May 14, 2009
TSX Venture Tier 2 Company
Effective at the opening Friday, May 15, 2009, trading in the shares of
the Company will resume, the Company having paid its Sustaining Fees.
TSX-X
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ORKO SILVER CORP. ("OK")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: May 14, 2009
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the letter agreement ("Letter
Agreement") between Orko Silver Corp. (the "Company"), its Mexican subsidiary
Orko Silver de Mexico, S.A. de C.V. ("Orko Mexico"), and Pan American Silver
Corp. ("PAS"), whereby the parties will form a joint venture ("Joint Venture")
with respect to the La Preciosa, Santa Monica and San Juan properties in
Durango State, Mexico (the "JV Properties"). In consideration for a 55%
interest in the Joint Venture, PAS will fund 100% of the development and
construction costs of an operating mine on the JV Properties. Subject to the
terms of the Letter Agreement, over the next 36 months, PAS will complete all
of the necessary work to conduct resource definition drilling, acquire
necessary surface rights, obtain permits and prepare and deliver a feasibility
study. A minimum of US$5 million will be spent during the first year, of which
US$2.5 million must be spent to continue exploration outside the La Preciosa
resource zone. Terms of the Joint Venture include:
- PAS will be operator of the Joint Venture and has agreed to share all
technical information relating to the JV Properties with the Company.
- A Joint Venture management committee, (the "Management Committee")
responsible for monitoring the project development will be formed,
with representation from both the Company and PAS.
- Any mine construction decision and operating budget will require
unanimous approval of the Management Committee.
- PAS has agreed to a "standstill" with the Company for as long as the
Joint Venture is in operation.
Further information on the agreement is available in the Company's news
release dated April 14, 2009.
TSX-X
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REVELATION VENTURES INC. ("RCA.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: May 14, 2009
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated May 13, 2009, effective at
6:17 a.m. PST, May 14, 2009 trading in the shares of the Company will remain
halted pending receipt and review of acceptable documentation regarding the
Qualifying Transaction pursuant to Listings Policy 2.4.
TSX-X
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ROCKGATE CAPITAL CORP. ("RGT")
BULLETIN TYPE: Halt
BULLETIN DATE: May 14, 2009
TSX Venture Tier 2 Company
Effective at the open, May 14, 2009, trading in the shares of the Company
was halted at the request of the Company, pending an announcement; 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.
TSX-X
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ROCKGATE CAPITAL CORP. ("RGT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 14, 2009
TSX Venture Tier 2 Company
Effective at 8:30 a.m. PST, May 14, 2009, shares of the Company resumed
trading, an announcement having been made over StockWatch.
TSX-X
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RPT URANIUM CORP. ("RPT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 14, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to
an amended purchase and sale agreement dated as of August 1, 2008 between
Resource Ventures LLC, RPT Energy (USA) Ltd. and Roadrunner Oil & Gas (USA)
Inc., and the sellers, J.B. Minerals, Kerr Oil Inc. and James Desjarlais,
pursuant to which RPT Energy (USA) Ltd. (a subsidiary of RPT Uranium Corp.,
the "Company") may acquire a 50% interest in a land package covering
approximately 8,802 acres located in the Williston Basin area of McKenzie
County and Williams County, North Dakota. In consideration, the Company will
pay $1,066,906.80 to the sellers.
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P No. of Shares
Resource Ventures LLC
(Richard Findley,
Steve Swanson) Y NIL
No agent's fees or transaction fees are payable in connection with this
acquisition.
TSX-X
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SHOREHAM RESOURCES LTD. ("SMH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 14, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 28, 2009:
Number of Shares: 2,000,000 shares
Purchase Price: $0.30 per share
Warrants: 2,000,000 share purchase warrants to purchase
2,000,000 shares
Warrant Exercise Price: 1,500,000 warrants exercisable into common
shares at a price of $0.60 per share for a one
year period
500,000 warrants exercisable into common shares
at a price of $1.20 per share for a two year
period
Number of Placees: 1 placee
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has
issued a news release announcing 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.
TSX-X
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SOLITAIRE MINERALS CORP. ("SLT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 14, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 24, 2009:
Number of Shares: 1,580,000 flow through shares
5,420,000 non-flow through
Purchase Price: $0.07 per share
Warrants: 790,000 share purchase warrants attached to flow
through shares to purchase 790,000 additional
non-flow through shares
5,420,000 share purchase warrants attached to
non-flow through shares to purchase 5,420,000
additional non-flow through shares
Warrant Exercise Price: $0.10 for a one year period
$0.12 in the second year
Number of Placees: 44 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Kerry Chow P 300,000 f/t
50,000 nft
Ivano Veschini P 100,000 nft
Finders' Fees: PI Financial Corp. receives $24,500 and 350,000
share purchase warrants, where each warrant is
exercisable at a price of $0.10 in the first
year and at a price of $0.12 per share in the
second year.
Bolder Investment Partners Ltd. receives $5,950
and 85,000 share purchase warrants, where each
warrant is exercisable at a price of $0.10 in
the first year and at a price of $0.12 per share
in the second year.
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.)
TSX-X
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URANIUM NORTH RESOURCES CORP. ("UNR")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 14, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 600,000 shares at $0.34 per share to settle outstanding debt for
$204,000.
Number of Creditors: 1 Creditor
No Insider/Pro Group Participation
The Company shall issue a news release when the shares are issued and the
debt extinguished.
TSX-X
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NEX COMPANIES
CHAMPION COMMUNICATION SERVICES INC. ("CHP.H")
BULLETIN TYPE: Listing Maintenance Fees - Resume Trading
BULLETIN DATE: May 14, 2009
NEX Company
Further to the NEX Listing Maintenance Fees - Halt bulletin dated November
5, 2008, effective at the opening, May 15, 2009, trading in the shares of the
Company will resume trading, the Company having paid their NEX listing
maintenance fee.
TSX-X
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NOVUS GOLD CORP. ("NOV.H")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 14, 2009
NEX Company
TSX Venture Exchange has accepted for filing, documentation relating to
the Company's purchase of a 100% interest in Invercropolis, S.A., a Dominican
Republic company that owns a 100% interest in two properties in the Dominican
Republic, namely, the La Paciencia Property and the La Yagua Property. The
purchase was made pursuant to a letter agreement dated March 25, 2009 between
the Company and Peter Bambic, who is at arm's length to the Company.
Consideration consists of an aggregate cash payment of $360,000 ($100,000
payable on the earlier of either nine months after closing or the completion
of a financing by the Company) and the issuance of 2,000,000 common shares at
a deemed price of $0.13 per share. In addition, the vendor has been granted a
2.0% net smelter returns royalty on the properties, 1.0% of which may be
purchased by the Company for $1,000,000.
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P No. of Shares
Peter Bambic Y 2,000,000
Note: Peter Bambic has become a new Insider only by virtue of his
shareholdings resulting from this transaction.
TSX-X
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For further information: Market Information Services at 1-888-873-8392,
or email: information@venture.com