TSX Venture Exchange Daily Bulletins

VANCOUVER, Aug. 14, 2015 /CNW/ -

TSX VENTURE COMPANIES

AUTOMODULAR CORPORATION ("AM.H")
BULLETIN TYPE:  New Listing-Shares, Transfer and New Addition to NEX
BULLETIN DATE:  August 14, 2015
NEX Company

Effective at the opening, Monday, August 17, 2015, the shares of the Company will commence trading on NEX.

The Company will be delisted from trading on Toronto Stock Exchange effective at the close of business on August 14, 2015 for failing to meet Toronto Stock Exchange continued listing requirements.  The Company also does not meet the requirements of a TSX Venture Tier 2 company.

As of August 17, 2015, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.  The Company is classified as a "Temporarily Unclassified" company.

The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.

Corporate Jurisdiction:  

Ontario





Capitalization:   

Unlimited 

common shares with no par value of which


19,268,304

common shares are issued and outstanding

Escrowed Shares: 

Nil 

shares




Transfer Agent:  

Computershare Investor Services Inc. (Toronto)

Trading Symbol:  

AM.H


CUSIP Number: 

05328X 101





Company Contact:   

Christopher S. Nutt, President and CEO


Company Address:    

1099 Kingston Road, Suite 214, Pickering, Ontario, Canada


L1V 1B5


Company Phone Number:    

(905) 420-0200 x 101


Company Fax Number: 

(905) 420-0800


Company Email Address:    

cnutt@automodular.com


_______________________________________

CONTAGIOUS GAMING INC. ("CNS")
BULLETIN TYPE:  Halt
BULLETIN DATE:  August 14, 2015
TSX Venture Tier 2 Company

Effective at 6:50 a.m. PST, August 14, 2015, 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.

________________________________________

FRANKLY INC. ("TLK")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  August 14, 2015
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation pertaining to the Unit Purchase Agreement dated July 28, 2015 (the "Purchase Agreement") between the Company, Gannaway Entertainment, Inc., Raycom Media Inc., Liberty TV Group, LLC and two other individual minority shareholders.  Pursuant to the Purchase Agreement, the Company will purchase 100% of the outstanding membership units of Gannaway Web Holdings, LLC, d/b/a/ WorldNow for total consideration of US$45 million, US$10 million of which is payable in cash on the closing date, US $15 million of which will be satisfied on the closing date by the issuance of a total of 9,772,104 Class A Shares (the "Stock Consideration") at a deemed price of CA$2.6471 per share and the balance, being US$15 million (the "Second Tranche") will be payable in cash one year from the date of closing.  The Second Tranche cash consideration of US$15 million will be evidenced by promissory notes issued at closing, bearing simple interest at a rate of 5% per annum.

All of the securities composing the Stock Consideration will also be subject to a lock-up agreement. The lock-up period with respect to securities representing 50% of the value of the Stock Consideration will expire upon the first anniversary of the closing date of the transaction; and the lock-up period with respect to the remainder of the Stock Consideration will expire upon the second anniversary of closing of the transaction.  Upon expiry of the lock-up periods, the Class A Shares will be converted into Common Shares.

For further information, please refer to the Company's news release dated July 29, 2015.

________________________________________

GALANTAS GOLD CORPORATION ("GAL")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  August 14, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 6, 2015:

Number of Shares:  

20,000,000 shares



Purchase Price:  

$0.12 per share



Warrants:   

20,000,000 share purchase warrants to purchase 20,000,000 shares



Warrant Exercise Price:  

$0.16 for a one year period



Number of Placees:   

4 Placees

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.

________________________________________

IN-TOUCH SURVEY SYSTEMS LTD. ("INX")
BULLETIN TYPE:  Halt
BULLETIN DATE:  August 14, 2015
TSX Venture Tier 1 Company

Effective at 12:33 a.m. PST, August 14, 2015, trading in the shares of the Company was halted 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.

________________________________________

MONSTER URANIUM CORP. ("MU")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  August 14, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 2, 2015:

Number of Shares:      

4,400,000 shares



Purchase Price:    

$0.05 per share



Warrants:  

4,400,000 share purchase warrants to purchase 4,400,000 shares



Warrant Exercise Price:   

$0.10 for a one year period




$0.20 in the second year



Number of Placees:  

11 Placees



Finder's Fees: 

C3 Energy Inc. (Mani Chopra) - $13,000.00


Pure Advertising & Marketing Inc. - $5,000.00

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.  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.

________________________________________

PRIMELINE ENERGY HOLDINGS INC. ("PEH")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  August 14, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Sale and Purchase Agreement dated June 26, 2015 (the "Acquisition") between Primeline Energy Holdings Inc (the "Company") and Primeline International Holdings Inc ("PIHI") and Victor Yiou-Hwa Hwang (together the "Vendors"), whereby the Company will acquire the one issued and outstanding share of Primeline Petroleum Corporation ("PPC") and the right to be repaid the shareholder loan made to PPC (the "Shareholder Loan") by Primeline International Holdings Inc. ("PIHI"), a company wholly owned by Mr. Hwang, the Company's Chairman, President and majority shareholder.

Consideration under the Acquisition is the issuance of 44,669,851 common shares of the Company.

The Acquisition was approved by the Company's disinterested shareholders at the Extraordinary General Meeting held on July 30, 2015. The transaction closed on August 13, 2015

PPC holds interests in the Petroleum Contract relating to Block 25/34 (12.25%: the Company present holds a 36.75% interest) and the Petroleum Contract relating to Block 33/07 (25%: the Company present holds a 75% interest) in the East China Sea. (together, the "Petroleum Contracts"). Upon completion of the Acquisition, the Company will hold interests in the Petroleum Contract relating to Block 25/34 (49%) and Petroleum Contract relating to Block 33/07 (100%)

Insider / Pro Group Participation:







Insider=Y /


Name     

ProGroup=P    

# of Shares




Victor Hwang  

Y       

44,669,851

Further information on the transaction is available in the Management Information Circular dated June 30, 2015, and news releases dated May 11, 2015, June 5, 2015, June 11, 2015, June 29, 2015, and August 14, 2015 all available under the Company's profile on SEDAR.

________________________________________

PRIMELINE ENERGY HOLDINGS INC. ("PEH")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  August 14, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 11, 2015:

Convertible     

US$20,000,000



Conversion Price:  

US$10M Convertible into shares at CDN$0.70 per share and US$10M convertible into shares at CDN$0.85 per share.



Maturity date:     

Three years from date of issuance, with two one-year extensions at the option of the bondholders.



Interest rate:

4.5% payable quarterly in cash and 2.5% payable quarterly in shares, redemption premium such that 10% per annum is paid on maturity.



Number of Placees:  

1 Placee



Structuring Fee:    

1.88% cash fee and 1.88% payable in shares 

________________________________________

SATORI RESOURCES INC. ("BUD")
BULLETIN TYPE:  Private Placement–Non-Brokered
BULLETIN DATE:  August 14, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 19, 2015 and July 27, 2015:

Number of Shares:   

700,000 flow-through shares and



2,795,000 non flow-through shares





Purchase Price:   

$0.05 per share





Warrants:  

3,495,000 share purchase warrants to purchase 3,495,000 shares





Warrant Exercise Price:  

$0.05 for a five year period





Number of Placees: 

9 Placees





Insider / Pro Group Participation:







Insider=Y /


Name   

ProGroup=P /                                                  

# of Shares




Bruce Reid    

Y                                                                       

1,570,000

For further details, please refer to the Company's news release dated August 11, 2015.

                                        ________________________________________

SOLIDUSGOLD INC. ("SDC")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  August 14, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 75,000 shares at a deemed price of $0.14 per share to settle outstanding debt for $10,500.

Number of Creditors:   

1 Creditor









Insider / Pro Group Participation:











Insider=Y /                  

Amount              

Deemed Price


Creditor     

Progroup= P  

 Owing         

per Share

# of Shares

Steven Khan  

Y   

$10,500

$0.14

75,000

The Company shall issue a news release when the shares are issued and the debt extinguished.

________________________________________

STERLING RESOURCES LTD. ("SLG")
BULLETIN TYPE:  Property-Asset or Share Disposition Agreement
BULLETIN DATE:  August 14, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation pursuant to the Put and Call Share Option Agreement dated March 26, 2015 (the "Agreement") between the Company and Carlyle International Energy Partners ("CIEP"), pursuant to which the Company will sell to sell its entire Romanian business, structured as a corporate sale of the Company's wholly-owned subsidiary Midia Resources SRL (the "Assets").  Under the terms of the Agreement, the CIEP will pay a cash consideration of US$42.5 million to the Company.

Concurrent with the sale of the Assets, the Company has entered into an agreement ("Termination Agreement") with Gemini Oil & Gas Fund II, L.P. ("Gemini") to terminate an investment agreement signed with Gemini in 2007.  Under the terms of the Termination Agreement, the Company will make a termination payment of cash consideration of US$10 million and issuance to Gemini of 60,372,876 common shares at a deemed price of $0.157 per share.

Insider / Pro Group Participation:







Insider=Y /


Name      

ProGroup=P                                      

# of Shares




Gemini Oil & Gas Fund II, L.P.      

Y    

60,372,876

For further information, please refer to the Company's press release dated March 26, 2015.

________________________________________

NEX COMPANIES

NAVASOTA RESORUCES INC. ("NAV.H")
BULLETIN TYPE:  Halt
BULLETIN DATE:  August 14, 2015
NEX Company

Effective at 5:00 a.m. PST, August 14, 2015, trading in the shares of the Company was halted for failure to maintain Exchange requirements.  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.

________________________________________

SOURCE TSX Venture Exchange

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


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890