TSX Venture Exchange Daily Bulletins

VANCOUVER, Nov. 17, 2011 /CNW/ -

TSX VENTURE COMPANIES:

88 CAPITAL CORP. ("EEC.P")
BULLETIN TYPE:  Halt
BULLETIN DATE:  November 17, 2011
TSX Venture Tier 2 Company

Effective at 12:35 p.m. PST, November 17, 2011, 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.

________________________________________

CALLINAN ROYALTIES CORPORATION ("CAA")
BULLETIN TYPE:  Declaration of Dividend
BULLETIN DATE:  November 17, 2011
TSX Venture Tier 1 Company

The Issuer has declared the following dividend(s):

Dividend per Common Share:  $0.02
Payable Date:  January 15, 2012
Record Date:  December 31, 2011
Ex-Dividend Date:  December 28, 2011

________________________________________

CANADIAN OVERSEAS PETROLEUM LIMITED ("XOP")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  November 17, 2011
TSX Venture Tier 2 Company

Effective at the Opening, November 17, 2011, shares of the Company resumed trading, an announcement having been made over Stockwatch.

________________________________________

CARIBOO ROSE RESOURCES LTD. ("CRB")
BULLETIN TYPE:  Declaration of Dividend
BULLETIN DATE:  November 17, 2011
TSX Venture Tier 2 Company

Cariboo Rose Resources Ltd. has declared the following dividend(s):

Dividend per one (1) Common Share:  0.7 shares of Consolidated Woodjam Copper Corp.
Payable Date:  November 25, 2011
Record Date:  November 25, 2011
Ex-Dividend Date:  November 23, 2011

________________________________________

CAVAN VENTURES INC. ("CVN")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  November 17, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a mining option agreement dated September 29, 2011 between Investissements Horizon Inc. ("IHI", Denis Bouchard) and Cavan Ventures Inc. (the "Company"), whereby the Company has an option to acquire an undivided 100% interest in and to the Pythonga Lake Earth Project located in the Province of Quebec.  In consideration, the Company will pay $127,500 cash ($27,500 cash in the first year), issue a total of 2,700,000 common shares (200,000 common shares in the first year) and incur exploration expenditures in the amount of $500,000 ($225,000 in the first year) over a three-year period.  There is a 2% NSR owned by Frederic Bergeron, 1% may be purchased by the Company for $1,000,000 in cash.

________________________________________

CONIFEX TIMBER INC. ("CFF")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  November 17, 2011
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing, a Share Purchase Agreement dated November 16, 2011 whereby the Company will acquire the commodity dimensional lumber distribution business of Welco Lumber Corp. ("Welco") and the transportation and logistics business of Navcor Transportation Services Inc. ("Navcor").  Navcor is a wholly-owned subsidiary of Welco.  The total consideration is comprised of (a) on closing, $1,576,476 plus the book value of specified inventory in immediately available funds; (b) on the first anniversary of closing, a commission equal to 20% of gross margin for the lumber business for the preceding 12 month period, subject to a minimum cash payment of $250,000; (c) on the second anniversary of closing, a commission equal to 15% of gross margin for the lumber business for the preceding 12 month period, subject to a minimum cash payment of $500,000 for the first two years; and (d) on the third anniversary of closing, a commission equal to 15% of gross margin for the lumber business for the preceding 12 month period.  No shares are being issued.

For further information, please refer to the Company's news releases dated September 6, 2011 and November 16, 2011.

________________________________________

DONNYBROOK ENERGY INC. ("DEI")
BULLETIN TYPE:  Prospectus-Share Offering
BULLETIN DATE:  November 17, 2011
TSX Venture Tier 2 Company

On November 4, 2011, the Company's Prospectus dated November 4, 2011 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Alberta, Ontario, British Columbia and Saskatchewan Securities Commissions, pursuant to the provisions of the applicable Securities Acts.

TSX Venture Exchange has been advised that closing occurred on November 15, 2011, for gross proceeds of $12,004,000.

Underwriters: 

Dundee Securities Ltd.
GMP Securities L.P.
Fraser Mackenzie Limited
Offering: 
8,000,000 non-flow through shares
13,800,000 flow through shares
Share Price: 
$0.50 per non-flow through share
$0.58 per flow through share
Underwriters' Warrants:  Nil

Greenshoe Option: The Company has granted to the Underwriters an over-allotment option to purchase up to 1,200,000 additional non-flow through shares at $0.50 per non-flow through share for additional gross proceeds of $600,000, up to the close of business December 15, 2011.

________________________________________

ENHANCED OIL RESOURCES INC. ("EOR")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  November 17, 2011
TSX Venture Tier 2 Company

Effective at the Opening, November 17, 2011, shares of the Company resumed trading, an announcement having been made over Stockwatch.

________________________________________

EVERETT RESOURCES LTD. ("EAR")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  November 17, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 22, 2011:

Number of Shares: 
6,795,363 flow-through shares
1,240,000 non flow-through shares
Purchase Price: 
$0.055 per flow-through share
$0.05 per non flow-through share
Warrants:    8,035,363 share purchase warrants to purchase 8,035,363 shares. If the trading price is at $0.20 or higher for 20 consecutive trading days at any time after four months and one day after closing the Company may, upon giving notice to the warrantholder, shorten the expiry date of the warrants to 30 days from the date of notice.
Warrant Exercise Price:  $0.10 for a two year period
Number of Placees:  10 placees

Insider / Pro Group Participation:    

Name
Insider=Y /
ProGroup=P /

 # of Shares
MineralFields Quebec 2010 Super Flow-Through LP   909,000 flow-through shares
Pathway Quebec Mining  Y  5,436,363 flow-through shares
Finder's Fee:  Limited Market Dealer Inc. receives $20,940 and 507,636 Broker Options.  Each Broker Option is exercisable into one unit at a price of $0.055 per unit, each unit comprised of one common share and one share purchase warrant with terms as above.
  Yung Soon Lee receives $957.

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.]

________________________________________

FJORDLAND EXPLORATION INC. ("FEX")
BULLETIN TYPE:  Declaration of Dividend
BULLETIN DATE:  November 17, 2011
TSX Venture Tier 2 Company

Fjordland Exploration Inc. declared the following dividend(s):

Dividend per one (1) Common Share:  0.4 shares of Consolidated Woodjam Copper Corp.
Payable Date:  November 25, 2011
Record Date:  November 25, 2011
Ex-Dividend Date:  November 23, 2011

________________________________________

FLYING A PETROLEUM LTD. ("FAB")
BULLETIN TYPE:  Property-Asset or Share Disposition Agreement
BULLETIN DATE:  November 17, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation pertaining to a purchase and sale agreement (the "Agreement") dated June 30, 2011, between Flying A Petroleum Ltd. (the "Company") and Hemisphere Energy Corporation (TSX-V: HME, "Hemisphere" or the "Purchaser"), whereby the Company is disposing of its working interests in the Trutch oil and gas property (the "Property") in Northeast British Columbia.  As consideration, the Company will receive from the Purchaser, $250,000 and 100,000 Hemisphere common shares.

The disposition includes a range from 10.5% to 35% working interests in various assets throughout the Property.

Insider / Pro Group Participation:  N/A

For further information, please refer to the Company's news release dated June 7, 2011.

________________________________________

GINGER BEEF CORPORATION ("GB")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  November 17, 2011
TSX Venture Tier 1 Company

Effective at the Opening, November 17, 2011, shares of the Company resumed trading, an announcement having been made over Stockwatch.

________________________________________

GOLDSTAR MINERALS INC. ("GDM")
BULLETIN TYPE:  Halt
BULLETIN DATE:  November 17, 2011
TSX Venture Tier 2 Company

Effective at 10:28 a.m. PST, November 17, 2011, 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.

________________________________________

HIGH NORTH RESOURCES LTD. ("HN.P")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  November 17, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on October 6, 2011:

Number of Shares:  2,500,000 shares
Purchase Price:  $0.10 per share
Number of Placees:  12 placees

Insider / Pro Group Participation:


Name
Insider=Y /
ProGroup=P /

 # of Shares
Graham Harris (ITF Graydon Harris)  50,000
Graham Harris (ITF Byton Harris)  50,000
Graham Harris (ITF Michael Harris 50,000
Kyle Stevenson  Y 1,000,000

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.

________________________________________

NWM MINING CORPORATION ("NWM")
BULLETIN TYPE:  Shares for Bonuses
BULLETIN DATE:  November 17, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 9,500,000 bonus shares to an arm's length lender in consideration of a US$5,000,000 secured loan made to the Company.

________________________________________

SIGNATURE RESOURCES LTD. ("SGU")
BULLETIN TYPE:  New Listing-IPO-Shares
BULLETIN DATE:  November 17, 2011
TSX Venture Tier 2 Company

The Company's Initial Public Offering ('IPO') Prospectus dated August 4, 2011, has been filed with and accepted by TSX Venture Exchange, and filed with and receipted by the B.C Securities Commission on August 8, 2011, pursuant to the provisions of the B.C. Securities Act.

The prospectus has been filed under Multilateral Instrument 11-102 Passport System in Alberta.  A receipt for the prospectus is deemed to be issued by the regulator in this jurisdiction, if the conditions of the Instrument have been satisfied.

The gross proceeds received by the Company for the Offering were $1,300,000 (6,500,000 common shares at $0.20 per share).  The Company is classified as a 'Mineral Exploration' company.

Commence Date:  At the opening November 18, 2011, the Common shares will commence trading on TSX Venture Exchange.
Corporate Jurisdiction:  British Columbia
Capitalization:  Unlimited  common shares with no par value of which
  15,250,001  common shares are issued and outstanding
Escrowed Shares:  2,600,001  common shares
Transfer Agent:    Equity Financial Trust Company
Trading Symbol:    SGU
CUSIP Number:    82670U 10 0
Agent:    Canaccord Genuity Corp.
Agent's/Underwriter's Warrants:  650,000 non-transferable share purchase warrants.  One warrant to purchase one share at $0.20 per share up to November 16, 2013.
For further information, please refer to the Company's Prospectus dated August 4, 2011.
Company Contact:    Johan Shearer
Company Address:    602 - 595 Howe St., Vancouver, B.C., V6C 2T5
Company Phone Number:    604-629-7083
Company Fax Number:    604-629-7084
Company Email Address:    gamor@pacificpotash.com

________________________________________

SIRIOS RESOURCES INC. ("SOI")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 17, 2011
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 3,000,000 common shares at a deemed price of $0.05 per share, to settle an outstanding debt of $150,000, in connection with the reimbursement of a debenture.

Number of Creditors: 1 creditor

The Company has issued a news release dated November 14, 2011, in connection with that shares for debt.

RESSOURCES SIRIOS INC. (« SOI »)
TYPE DE BULLETIN : Émission d'actions en contrepartie d'une dette
DATE DU BULLETIN : Le 17 novembre 2011
Société du groupe 1 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt de la documentation de la société en vertu de l'émission proposée de 3 000 000 d'actions ordinaires au prix réputé de 0,05 $ l'action, en règlement d'une dette de 150 000 $ relativement au remboursement d'une débenture.

Nombre de créanciers : 1 créancier

La société a émis un communiqué de presse daté du 14 novembre 2011 relativement à ce règlement d'une dette.

________________________________________

SONOMAX TECHNOLOGIES INC. ("SHH")
BULLETIN TYPE:  Private Placement- Brokered
BULLETIN DATE:  November 17, 2011
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation with respect to a Brokered Private Placement announced on October 17, 2011:

Number of Shares: 25,309,998 common shares

Purchase Price: $0.06 per common share

Number of Placees: 5 placees

Insider / Pro Group Participation:

Name Insider = Y /
Pro Group = P
Number
of shares
P.J. Malouf & Co Inc. (Peter Malouf) Y 4,166,666
Peter Brennan Y 11,666,666

Agent's Fees: Industrial Alliance Securities Inc. received $37,500 in cash and 625,000 non-transferable compensation options entitling the holder to purchase one common share of the Company at a price of $0.10 per share until October 31, 2014.

The Company has confirmed the closing of the above-mentioned Private Placement by way of a press release dated October 31, 2011.

TECHNOLOGIES SONOMAX INC. (« SHH »)
TYPE DE BULLETIN : Placement privé par l'entremise d'un courtier
DATE DU BULLETIN : Le 17 novembre 2011
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé par l'entremise d'un courtier tel qu'annoncé le 17 octobre 2011 :

Nombre d'actions :  25 309 998 actions ordinaires
Prix :  0,06 $ par action ordinaire
Nombre de souscripteurs :  5 souscripteurs

Participation Initié / Groupe Pro :

Nom Initié = Y /
Groupe Pro = P
Nombre
d'actions
P.J. Malouf & Co Inc. (Peter Malouf) Y 4 166 666
Peter Brennan Y 11 666 666

Honoraires d'intermédiation: Industrielle Alliance Valeurs mobilières inc. a reçu 37 500 $ en espèces et 625 000 options de rémunération non-transférables. Chaque bon de souscription de l'agent permet au titulaire d'acquérir une action ordinaire au prix d'exercice de 0,10 $ l'action jusqu'au 31 octobre 2014.

La société a confirmé la clôture du placement privé par voie d'un communiqué de presse émis le 31 octobre 2011.

___________________________________________________

NEX COMPANY:

ATLANTIS SYSTEMS CORP. ("AIQ.H")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  November 17, 2011
NEX Company

TSX Venture Exchange has accepted for filing documentation from Atlantis Systems Corp. (the "Company") with respect to the refinancing of its debt facilities provided by ComVest Capital, LLC ("ComVest"), whereby the Company will issue, among other things, a secured convertible note in the principal amount of US$6,000,000 (the "Convertible Note") as announced by the Company in press releases dated August 17, 2011, November 8, 2011 and November 9, 2011.

Convertible Note:  US$6,000,000
Conversion Price:  ComVest has the right to convert the unpaid principal balance of the Convertible Note into common shares of the Company ("Conversion Shares") at any time prior to the maturity date of the Convertible Note at a price per Conversion Share of US$0.30, which is equivalent to CDN$0.30 based on the exchange rate in effect on October 31, 2011.
Maturity date:  The earlier of three years from the date of issuance and a change of control.
Interest rate:  12% per annum, increasing to 17% during the continuance of an event of default.  Interest shall be added monthly to the principal balance of the Convertible Note.
Number of Placees:  1 placee

Insider / Pro Group Participation:


Name 
Insider=Y /
ProGroup=P /  

Principal Amount
ComVest Capital, LLC  US$6,000,000

________________________________________

 

 

 

For further information:

Market Information Services at 1-888-873-8392, or email: information@venture.com


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.