TSX Venture Exchange Daily Bulletins
VANCOUVER, Nov. 28 /CNW/ -
TSX VENTURE COMPANIES
ACCELRATE POWER SYSTEMS INC. ("APR")
(formerly Accelrate Power Systems Inc. ("APS"))
BULLETIN TYPE: Consolidation, Symbol Change
BULLETIN DATE: November 28, 2008
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders September 15,
2008, the Company has consolidated its capital on a 5 old for 1 new basis and
has subsequently increased its authorized capital. The name of the Company has
not been changed.
Effective at the opening Monday, December 1, 2008, shares of Accelrate
Power Systems Inc. will commence trading on TSX Venture Exchange on a
consolidated basis. The Company is classified as a 'Technology' issuer.
Post - Consolidation
Capitalization: Unlimited shares with no par value of which
5,759,834 shares are issued and outstanding
Escrow: Nil shares are subject to escrow
Transfer Agent: Pacific Corporate Trust Company
Trading Symbol: APR (new)
CUSIP Number: 004303 20 2 (new)
TSX-X
-------------------------------
CANASIL RESOURCES INC. ("CLZ")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 28, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 275,000 shares at a deemed price of $0.10 to settle outstanding debt.
Number of Creditors: 1 Creditor
The Company shall issue a news release when the shares are issued and the
debt extinguished.
TSX-X
-------------------------------
EAST WEST RESOURCE CORPORATION ("EWR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 28, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to
an Option Agreement (the "Agreement") dated November 1, 2008 between East West
Resource Corporation (the "Company") and Mega Uranium Ltd. - a TSX listed
company (the "Vendor"), whereby the Company will acquire the remaining 50%
interest in the Eva Kitto I and Eva Kitto II Lands (the "Property"), located
in the Eva Kitto Township, Maryjane Lake Area, Thunder Bay, Ontario. Upon
completion of the transaction the Company will hold a 100% interest in the
Property.
As consideration for the remaining 50% interest, the Company will issue
200,000 common shares to the Vendor.
For further information, please refer to the Company's press release dated
November 14, 2008.
TSX-X
-------------------------------
EGX GROUP INC. ("EGX")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: November 28, 2008
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletin dated November 27, 2008, the
Exchange wishes to amend its previous notice as follows:
Finder's Fee: $1,826.01 in cash payable to Seamus Russell and
209,396 common shares of the Company payable to
Mark Zehr.
TSX-X
-------------------------------
FANCAMP EXPLORATION LTD. ("FNC")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: November 28, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced November 20, 2008:
Number of Shares: 4,000,000 shares
Purchase Price: $0.25 per share
Warrants: 2,000,000 share purchase warrants to purchase
2,000,000 shares
Warrant Exercise Price: $0.50 for a two year period
Number of Placees: 4 placees
Agents' Fees: $40,000 cash and (*)200,000 Agent's options
payable to Limited Market Dealer Inc.
$40,000 cash and (*)200,000 Agent's options
payable to Pope & Company Limited
- (*)Agent's options are exercisable at $0.25
per unit with units having the same terms as
those to be issued pursuant to the private
placement.
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
-------------------------------
FJORDLAND EXPLORATION INC. ("FEX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 28, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced October 21, 2008 and October 30,
2008:
Number of Shares: 3,334,000 shares
Purchase Price: $0.05 per share
Warrants: 1,667,000 share purchase warrants to purchase
1,667,000 shares
Warrant Exercise Price: $0.10 for a one year period
Number of Placees: 16 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Challenge Capital
Management (Richard
C. Atkinson) Y 600,000
J.D. Consulting Ltd.
(Janice Davies) Y 40,000
Evilio Gomez-Garcia Y 500,000
Peter Krag-Hansen Y 250,000
G. Ross McDonald Y 240,000
Tom Schroeter Y 120,000
Victor Tanaka Y 400,000
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. 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
-------------------------------
FORTRESS MINERALS CORP. ("FST")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 28, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced November 7, 2008 and November 14,
2008:
First Tranche:
Number of Shares: 11,250,000 shares
Purchase Price: $0.20 per share
Warrants: 11,250,000 share purchase warrants to purchase
11,250,000 shares
Warrant Exercise Price: $0.25 in the first year
$0.30 in the second year
(*)with a forced exercise provision commencing
on the expiry of any applicable hold period
stating that if, for ten consecutive trading
days, the closing price of the listed shares
exceeds $0.50, then the exercise period of each
warrant will be reduced to a period of 30 days
following receipt of notice to the warrant
holder from the Issuer.
Number of Placees: 16 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Bryn Paskalidis Y 20,000
Kathy Love Y 5,000
Zebra Holdings and
Investments S.a.r.l.
(Lundin Family Trust) Y 3,750,000
Manas Dichow P 250,000
Richard Bailes Y 50,000
Ian Gibbs Y 125,000
Robert Sali P 500,000
Finder's Fee: $25,000 cash payable to Haywood Securities Inc.
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
-------------------------------
GOLDEN PACIFIC CAPITAL CORPORATION ("GPC.P")
BULLETIN TYPE: Notice - QT Not Completed - Approaching 24 Months of
Listing
BULLETIN DATE: November 28, 2008
TSX Venture Tier 2 Company
The shares of the Company were listed on the TSX Venture Exchange on
December 28, 2006. The Company, which is classified as a Capital Pool Company
("CPC") is required to complete a Qualifying Transaction ("QT") within 24
months of its date of listing, in accordance with Exchange Policy 2.4.
The records of the Exchange indicate that the Company has not yet
completed a QT. If the Company fails to complete a QT by the 24-month
anniversary date of December 29, 2008, the Company's trading status may remain
as or be changed to a halt or suspension without further notice, in accordance
with Exchange Policy 2.4, Section 14.6.
TSX-X
-------------------------------
HATHOR EXPLORATION LIMITED ("HAT")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: November 28, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced November 5, 2008 and November 20, 2008:
Number of Shares: 2,581,500 flow-through shares
Purchase Price: $3.10 per share
Number of Placees: 12 placees
Agent's Fee: $171,216.70 and 49,694 Broker Warrants payable
to Salman Partners Inc.
$82,747.40 and 28,397 Broker Warrants payable to
HSBC Securities (Canada) Inc.
$62,060.55 and 21,297 Broker Warrants payable to
Cormark Securities Inc.
$62,060.55 and 21,297 Broker Warrants payable to
Raymond James Ltd.
$62,060.55 and 21,297 Broker Warrants payable to
J.F. Mackie & Company Ltd.
Each Share Broker Warrant is exercisable into
one common share at a price of $3.10 for two
years.
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
-------------------------------
HAWTHORNE GOLD CORP. ("HGC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 28, 2008
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced November 26, 2008:
Number of Shares: 3,016,667 flow-through shares
Purchase Price: $0.21 per share
Number of Placees: 1 placee
Finder's Fee: $44,345 and 211,167 Agent Warrants at an
exercise price of $0.30 for a twelve month
period payable to Strand Securities Corporation
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
-------------------------------
JAXON MINERALS INC. ("JAX")
(formerly Aurifer Capital Corp. ("AUF.P"))
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Property-
Asset or Share Purchase Agreement, Private Placement-Non-Brokered, Name
Change, Resume Trading
BULLETIN DATE: November 28, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing Aurifer
Capital Corp's (the "Company") Qualifying Transaction described in its filing
statement (the "Filing Statement") dated November 13, 2008. As a result,
effective at the opening Monday, December 1, 2008, the trading symbol for the
Company will change from AUF.P to JAX and the Company will no longer be
considered a Capital Pool Company. The Qualifying Transaction includes the
following matters, all of which have been accepted by the Exchange.
Acquisition of a 100% interest in the Bunker Hill Property:
The Exchange has accepted for filing a property option agreement (the
"Option Agreement") among the Company, Bis-Gold Resources Inc. ("Bis-Gold")
and Clarke Gold Inc. ("Clark") dated April 30, 2008 under which the Company
has an option to acquire up to a 100% interest in the Bunker Hill Property.
The Bunker Hill Property consists of sixteen mineral tenure claims and two
Crown granted mineral claim units comprised of approximately six thousand four
hundred and sixty four hectares, located in the Nelson Mining District of
British Columbia.
Under the Option Agreement, the Company can earn up to a 100% undivided
interest in the Bunker Hill Property by making total cash payments of
$380,000, issuing to Clarke and Bis-Gold 1,200,000 Shares and expending
$1,500,000 on the Bunker Hill Property over the next four years on the
following schedule:
- $10,000 on signing Option Agreement (paid).
- $75,000 and 150,000 shares within 5 days of this Bulletin.
- $75,000 and 200,000 shares and $350,000 expenditures within one year
of this Bulletin.
- $90,000, 250,000 shares and $350,000 expenditures within two years of
this Bulletin.
- $70,000, 300,000 shares and $400,000 expenditures within three years
of this Bulletin.
- $70,000, 300,000 shares and $400,000 expenditures within four years
of this Bulletin.
Following the Company's acquisition of its 100% interest from Clarke and
Bis-Gold, Clarke and Bis-Gold retain an NSR royalty of 3%, as may be reduced
to 1.5% in certain circumstances. Clarke and Bis-Gold may be entitled to
receive an additional 600,000 Shares as follows: 300,000 on the Company
completing a Preliminary Feasibility Study and as to an additional 300,000 on
the six month anniversary of commercial production.
The Exchange has been advised that the above transaction has been
completed. The full particulars of the Company's acquisition of the Bunker
Hill Property are set forth in the Filing Statement, which has been accepted
for filing by the Exchange and which is available under the Company's profile
on SEDAR.
Non-Brokered Private Placement:
The Exchange has accepted for filing documentation with respect to a
Non-Brokered Private Placement announced May 14, 2008:
Number of Shares: 12,900,000 shares
Purchase Price: $0.10 per share
Number of Placees: 47 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Shaun Chin P 50,000
John Kirk P 50,000
Karl Landra P 50,000
Frank Lang Y 100,000
Demetrius Nasipour P 100,000
Barry Reid P 50,000
Daniel Seiter P 50,000
Ernest Crepnjak P 500,000
Finder's Fee: Carl Jones will receive a finder's fee of
$36,000.00.
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.
Transfer within Escrow:
In conjunction with the completion of the Qualifying Transaction and
pursuant to a private transaction, shares held under the CPC Escrow Agreement
were, or will be, transferred within escrow as follows:
From To Number of Shares
Frank Lang Laurence Stephenson 50,000
Frank Lang James Lavigne 400,000
Navin Varshney Laurence Stephenson 350,000
Navin Varshney James Lavigne 100,000
Coast Mountain Geological Ltd. Leif Smither 250,000
Coast Mountain Geological Ltd. Laurence Stephenson 200,000
Name Change:
Pursuant to a resolution passed by the directors of the Company on
September 8, 2008, the Company has changed its name to Jaxon Minerals Inc.
There is no consolidation of capital.
Effective at the opening Monday, December 1, 2008, the common shares of
Jaxon Minerals Inc. will commence trading on the Exchange, and the common
shares of Aurifer Capital Corp. will be delisted. The Company is classified as
a 'Mineral Exploration and Development' company.
Capitalization: Unlimited shares with no par value of which
16,900,000 shares are issued and outstanding
Escrow: 2,000,000 common shares are subject to a 36-
month staged release escrow, of which
200,000 are authorized to be released
on issuance of this bulletin.
Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: JAX (new)
CUSIP Number: 47189K 11 7 (new)
Resume Trading:
Effective at the opening Monday, December 1, 2008, trading in the shares
of the Company will resume.
TSX-X
-------------------------------
KING'S BAY GOLD CORPORATION ("KBG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 28, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced November 4, 2008:
Number of Shares: 2,574,000 shares
Purchase Price: $0.05 per share
Warrants: 2,574,000 share purchase warrants to purchase
2,574,000 shares
Warrant Exercise Price: $0.10 for a two year period
Number of Placees: 18 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Rick Jabs Y 54,000
Trevor Maraj Y 100,000
Ginette Camire Y 200,000
Raymond Prefontaine Y 200,000
Lawrence Shwechuk Y 100,000
Richard Rivet Y 400,000
For further details, please refer to the Company's news release dated
November 21, 2008.
TSX-X
-------------------------------
METALEX VENTURES LTD. ("MTX")
BULLETIN TYPE: Shares for Services, Correction
BULLETIN DATE: November 28, 2008
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated November 27, 2008, the
number of shares to be issued to Lori Waisberg should be 256,250 shares at a
deemed price of $0.04 per share, in consideration of certain services provided
to the Company during the quarter ended October 31, 2008, pursuant to a
Deferred Share Unit Plan for Lorie Waisberg dated August 1, 2007 and effective
May 1, 2004.
The Company shall issue a news release when the shares are issued.
TSX-X
-------------------------------
OUTLOOK RESOURCES INC. ("OLR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 28, 2008
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated November 24, 2008,
effective at the opening Friday, November 28, 2008, trading in the shares of
the Company will resume as the Company has now met the Exchange requirement of
having at least three directors per Policy 3.1.
For futher information, please refer to the Company's press releases dated
November 27, 2008, an announcement having been made over Marketwire.
TSX-X
-------------------------------
P2P HEALTH SYSTEMS INC. ("PTP.H")
(formerly P2P Health Systems Inc. ("PTP"))
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE: November 28, 2008
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 the
opening Monday, December 1, 2008, 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 Vancouver to NEX.
As of December 1, 2008, 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 PTP to PTP.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.
TSX-X
-------------------------------
SILVERBIRCH INC. ("SVB")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: November 28, 2008
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated November 27, 2008 and
pursuant to the Company's news release on Stockwatch, trading in the shares of
the Company will remain halted for failure to maintain Exchange Requirements.
TSX-X
-------------------------------
SPRUCE RIDGE RESOURCES LTD. ("SHL")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: November 28, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of
the following warrants:
Private Placement:
No. of Warrants: 520,833
Original Expiry Date of Warrants: December 13, 2008
New Expiry Date of Warrants: December 13, 2010
Exercise Price of Warrants: $1.20
These warrants were issued pursuant to a private placement of 1,041,667
shares with 520,833 share purchase warrants attached, which was accepted for
filing by the Exchange effective January 8, 2007.
TSX-X
-------------------------------
SPRUCE RIDGE RESOURCES LTD. ("SHL")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: November 28, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of
the following warrants:
Private Placement:
No. of Warrants: 2,812,500
Original Expiry Date of Warrants: December 4, 2008
New Expiry Date of Warrants: December 4, 2010
Exercise Price of Warrants: $1.20
These warrants were issued pursuant to a private placement of 5,625,000
shares with 2,812,500 share purchase warrants attached, which was accepted for
filing by the Exchange effective December 12, 2006.
TSX-X
-------------------------------
ZIMTU CAPITAL CORP. ("ZC")
BULLETIN TYPE: Consolidation
BULLETIN DATE: November 28, 2008
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders October 10, 2008,
the Company has consolidated its capital on a 10 old for 1 new basis and has
subsequently increased its authorized capital. The name of the Company has not
been changed.
Effective at the opening Monday, December 1, 2008, shares of Zimtu Capital
Corp. will commence trading on TSX Venture Exchange on a consolidated basis.
The Company is classified as an 'Investment' issuer.
Post - Consolidation
Capitalization: Unlimited shares with no par value of which
6,453,265 shares are issued and outstanding
Escrow: 400,000 shares are subject to escrow
Transfer Agent: Computershare Trust Company
Trading Symbol: ZC (unchanged)
CUSIP Number: 989589 20 5 (new)
TSX-X
-------------------------------
NEX COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: November 27, 2008
NEX Company
A Cease Trade Order has been issued by the British Columbia Securities
Commission on November 27, 2008, against the following Company for failing to
file the document indicated within the required time period:
Period
Ending
Symbol Company Failure to File (Y/M/D)
("GBS.H") GBS Gold Interim financial statements 08/09/30
International Inc. Management Discussion & 08/09/30
Analysis
Upon revocation of the Cease Trade Order, the Company's shares will remain
suspended until the Company meets TSX Venture Exchange requirements. Members
are prohibited from trading in the securities of the company during the period
of the suspension or until further notice.
TSX-X
-------------------------------
ANGUS VENTURES CORP. ("AGN.H")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: November 28, 2008
NEX Company
Further to TSX Venture Exchange Bulletin dated November 26, 2008,
effective at 6:35 a.m. PST, November 28, 2008 trading in the shares of the
Company will remain halted pending receipt and review of acceptable
documentation regarding the Change of Business and/or Reverse Takeover
pursuant to Listings Policy 5.2.
TSX-X
-------------------------------
For further information: Market Information Services at 1-888-873-8392,
or email: information@venture.com
RSS
Share
Tell a friend
Printer friendly
Subscribe to Portfolio e-mail
