TSX Venture Exchange Daily Bulletins

VANCOUVER, April 15, 2016 /CNW/ -

TSX VENTURE COMPANIES

ALTAI RESOURCES INC. ("ATI")
BULLETIN TYPE:  Halt
BULLETIN DATE:  April 15, 2016
TSX Venture Tier 2 Company

Effective at 9:00 a.m. PST, April 15, 2016, trading in the shares of the Company was halted at the request of the Company, pending news.

________________________________________

ALTAI RESOURCES INC. ("ATI")
BULLETIN TYPE:  Resume Trading 
BULLETIN DATE:  April 15, 2016 
TSX Venture Tier 2 Company

Effective at 11:00 a.m. PST, April 15, 2016, shares of the Company resumed trading, an announcement having been made.

________________________________________

AMERICAN LITHIUM CORP. ("LI") 
[formerly MENIKA MINING LTD. ("MML")] 
BULLETIN TYPE:  Name Change 
BULLETIN DATE:  April 15, 2016 
TSX Venture Tier 2 Company

Pursuant to a resolution passed by Directors April 11, 2016, the Company has changed its name as follows.  There is no consolidation of capital.

Effective at the opening Monday April 18, 2016, the common shares of American Lithium Corp. will commence trading on TSX Venture Exchange, and the common shares of Menika Mining Ltd. will be delisted.  The Company is classified as a 'Gold and Silver Mining' company.

Capitalization:

unlimited

     shares with no par value of which


26,459,948

     shares are issued and outstanding

Escrow:

nil





Transfer Agent:         

TMX Equity Transfer Services

Trading Symbol:           

LI                          (new)

CUSIP Number:          

027259100            (new)

 

________________________________________

BCGOLD CORP ("BCG") 
BULLETIN TYPE:  Remain Halted 
BULLETIN DATE:  April 15, 2016 
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated April 13, 2016, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Fundamental Acquisition pursuant to Listings Policy 5.6(d) of Exchange Policy 5.3.

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.

________________________________________

DARELLE ONLINE SOLUTIONS INC. ("DAR")
[formerly Free Energy International Inc. ("FEE")]
BULLETIN TYPE:  Name Change
BULLETIN DATE:  April 15, 2016
TSX Venture Tier 2 Company

Pursuant to a resolution passed by shareholders on December 17, 2015, the Company has changed its name as detailed below.  There is no consolidation of capital.

Effective at the opening Monday, April 18, 2016, the common shares of Darelle Online Solutions Inc. will commence trading on TSX Venture Exchange, and the common shares of Free Energy International Inc. will be delisted.  The Company is classified as a 'Technology' company.

Capitalization:

  unlimited

    shares with no par value of which


64,602,490

    shares are issued and outstanding

Escrow:

5,973,888

    shares subject to escrow




Transfer Agent:

Computershare Trust Company of Canada

Trading Symbol:

 DAR                     (new)

CUSIP Number:

237205109            (new)

 

________________________________________

DESMOND INVESTMENTS LTD. ("DLC") 
BULLETIN TYPE:  Warrant Term Extension 
BULLETIN DATE:  April 15, 2016 
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:

Private Placement:

# of Warrants:                                                     2,856,675
Original Expiry Date of Warrants:                         April 17, 2016
New Expiry Date of Warrants:                               April 17, 2018
Exercise Price of Warrants:                                  $0.20

These warrants were issued pursuant to a private placement of 2,856,675 shares with 2,856,675 share purchase warrants attached, which was accepted for filing by the Exchange effective April 25, 2014.

________________________________________

GOLDEN HARP RESOURCES INC. ("GHR")
BULLETIN TYPE:  Shares for Debt 
BULLETIN DATE: April 15, 2016   
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 900,000 shares to settle outstanding debt for $45,000.

Number of Creditors:                 2 Creditors

Insider / Pro Group Participation:


Insider=Y /   

Amount

Deemed Price


Creditor        

Progroup=P 

Owing

per Share  

# of Shares

Shaun Maskerine                         

Y

$30,000

$0.05

600,000

Takeuchi Consulting Corp.          

Y

$15,000

$0.05

300,000

(Kyle Takeuchi)                          





 

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

________________________________________

GREAT THUNDER GOLD CORP. ("GTG") 
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement 
BULLETIN DATE:  April 15, 2016 
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a letter agreement dated April 7, 2016 (the 'Agreement') between the Company and Levon Resources Ltd. (the 'Vendor'). Pursuant to the terms of the Agreement, the Company will acquire the remaining 50% interest in the BRX Property in British Columbia (the 'Property'). By way of consideration, the Company will issue 3,000,000 shares at a deemed price of 0.05 per share to the Vendor. The Property is subject to a 2.5% NSR is favour of the Vendor, of which the Company may purchase 50% for $750,000.

Insider / Pro Group Participation:


Insider=Y /


Name                                      

ProGroup=P                                                      

# of Shares

Levon Resources Ltd.               

Y                                                                        

3,000,000

 

Please refer to the Company's news release dated April 11, 2016 for further details.

________________________________________

HARD CREEK NICKEL CORPORATION ("HNC") 
BULLETIN TYPE:  Private Placement-Non-Brokered 
BULLETIN DATE:  April 15, 2016 
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 22, 2016:

Number of Shares:                   

25,000,000 shares



Purchase Price:                        

$0.01 per share



Warrants:                                 

25,000,000 share purchase warrants to purchase 25,000,000 shares



Warrant Exercise Price:             

$0.05 for a five year period



Number of Placees:                  

17 Placees

 

Insider / Pro Group Participation:


Insider=Y /


Name                                                              

ProGroup=P                                  

# of Shares

Mark Jarvis                                                      

Y                                                       

4,400,000

Frioud Holdings Ltd. (Mark Jarvis)                     

Y                                                         

600,000

Brian Usher-Jones                                            

Y                                                       

5,000,000

Tom Milner                                                       

Y                                                       

1,000,000

 

Finder's Fee:                            

$1,800 payable to Haywood Securities Inc., with 180,000 warrants exercisable at $0.05 for one year


$216 payable to Thomas Puppendahl, with 21,600 warrants exercisable at $0.05 for one year

 

The Company issued a news release on April 15, 2016 confirming closing of the private placement. The Company completed this financing in reliance on a waiver from the Exchange to the minimum pricing rules for private placements.

________________________________________

HORIZON PETROLEUM LTD. ("HPL") 
BULLETIN TYPE:  Halt 
BULLETIN DATE:  April 15, 2016 
TSX Venture Tier 2 Company

Effective at 12:34 p.m. PST, April 14, 2016, 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.

________________________________________

KANE BIOTECH INC. ("KNE") 
BULLETIN TYPE:  Shares for Debt 
BULLETIN DATE:  April 15, 2016 
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 254,369 common shares to settle outstanding debt for $12,718.45.

Number of Creditors:                 1 Creditor

Insider / Pro Group Participation:


Insider=Y /   

Amount                 

Deemed Price  


Creditor        

Progroup=P 

Owing                         

per Share  

# of Shares

Philip Renaud     

Y                        

$12,718.45

$0.05

254,369

 

For further details, please refer to the Company's news release dated April 7, 2016.

________________________________________

MUSGROVE MINERALS CORP. ("MGS")
BULLETIN TYPE:  Halt 
BULLETIN DATE:  April 15, 2016 
TSX Venture Tier 2 Company

Effective at 11:56 a.m. PST, April 14, 2016, 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.

________________________________________

OMINECA MINING AND METALS LTD. ("OMM") 
BULLETIN TYPE:  Private Placement-Non-Brokered 
BULLETIN DATE:  April 15, 2016 
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 18, 2016:

Number of Securities:               

2,950,000 Units. Each Unit consists of one common share ("Share") and one common share purchase warrant ("Warrant"). Each Warrant is exercisable for one Share at a price of $0.10 for twelve (12) months from closing. The Warrants will also contain an acceleration clause, which states that if the Shares of the Issuer trade above $0.20 for ten consecutive days, they will expire 30 days from notice from the Issuer.



Purchase Price:

$0.05 per Unit



Warrants:                                 

2,950,000



Warrant Exercise Price: 

$0.10



Number of Placees:  

18 Placees

 

Insider /



Pro Group Participation:                             

Insider=Y /     


Name                                                          

ProGroup=P /                                    

Units

Darren B. Fach                         

Y                                               

100,000

Tom MacNeill                           

Y                                               

700,000

Tim Termuende             

 Y                                                

100,000




Agent's Fee:   

Canaccord Genuity – 28,000 Common Shares



John Kocela – Cash payment of $1,050


 

____________________________________

PETROMAROC CORPORATION PLC ("PMA") 
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s, Amendment  BULLETIN DATE:  April 15, 2016 
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the amendment of the following debenture:

Principal Amount Debenture:     

$9,700,000



Original Conversion Price:         

Convertible into common shares at a the greater of: $0.30 per share until maturity, and ii) the current market price at the time of conversion (based on a 20-day VWAP) (unchanged)



Original Maturity Date:              

April 10, 2016



Amended Maturity Date:           

September 30, 2016



Original Interest Rate:               

10% per annum (unchanged)

 

The debenture was issued pursuant to a private placement of $500,000 aggregate principal convertible debentures which was originally accepted for filing by TSX Venture Exchange on April 16, 2014.

________________________________________

PISTOL BAY MINING INC. ("PST") 
BULLETIN TYPE:  Private Placement-Non-Brokered 
BULLETIN DATE:  April 15, 2016 
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Discretionary Pricing Waiver Non-Brokered Private Placement announced February 11, 2016 and April 12, 2016:

Number of Shares:                   

4,000,000 shares



Purchase Price:                        

$0.02 per share



Warrants:                                 

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



Warrant Exercise Price:             

$0.05 for an 18 month period



Number of Placees:                  

15 Placees

 

Insider / Pro Group Participation:


Insider=Y /


Name                                                              

ProGroup=P                                  

# of Shares

Zimtu Capital Corp.                                          

Y                                                       

1,000,000

Roland Schemel                                               

Y                                                         

500,000

Mike Magrum                                                   

Y                                                         

500,000

Aggregate Pro Group Involvement                    

P                                                         

200,000

  [1 Placee]



 

Finder's Fee:                             PI Financial Corp. $800 cash payable.

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.]

________________________________________

PLANET MINING EXPLORATION INC. ("PXI") 
BULLETIN TYPE:  Private Placement-Non-Brokered 
BULLETIN DATE:  April 15, 2016 
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 22, 2016. This private placement is being conducted in reliance upon a Discretionary Waiver as set out in the Notice to Issuers dated April 7, 2014:

Number of Shares:        

25,000,000 shares



Purchase Price:                

$0.02 per share



Number of Placees:       

15 Placees

 

Insider / Pro Group Participation:


Insider=Y /


Name                                                              

ProGroup=P                                  

# of Shares

Desmond Balakrishnan Law Corporation 



  (Desmond Balakrishnan)                                 

Y                                                         

500,000

Aggregate Pro Group Involvement                    

P                                                       

1,500,000

  [3 Placees] 



 

Finder's Fee:                             PI Financial Corp. receives $13,575

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.

________________________________________

SPADA GOLD LTD. ("SPL.P") 
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  April 15, 2016 
TSX Venture Tier 2 Company

Effective at 6:30 a.m., PST, April 15, 2016, shares of the Company resumed trading, an announcement having been made.

________________________________________

STAR NAVIGATION SYSTEMS GROUP LTD. ("SNA") 
BULLETIN TYPE:  Private Placement-Non-Brokered 
BULLETIN DATE:  April 15, 2016 
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 28, 2016:

Number of Shares:                   

31,081,333 common shares



Purchase Price:                        

$0.03 per share



Warrants:                              

31,801,333 share purchase warrants attached to purchase 31,801,333 shares



Warrant Exercise Price:             

$0.07 for a three year period



Number of Placees:                  

37 Placees

 

Insider / Pro Group Participation:


Insider=Y /


Name                                                              

ProGroup=P             

# of Shares           

JL Larmor                                                                 

Y                                              

1,000,000

Randy Koroll                                                             

Y                                                

733,332

 

Finder's Fees:                          

an aggregate of 2,779,300 finder's units (at the same terms as above) is payable to Sunaik Corp.

 

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.

________________________________________

TAKARA RESOURCES INC. ("TKK") 
BULLETIN TYPE:  Shares for Debt 
BULLETIN DATE:  April 15, 2016 
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 885,413 shares to settle outstanding debt for $44,270.65.

Number of Creditors:                 1 Creditor

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

________________________________________

UNITY ENERGY CORP. ("UTY") 
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  April 15, 2016 
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 8, 2016:

Number of Shares:                   

2,225,000 shares



Purchase Price:                        

$0.20 per share



Warrants:                                 

1,112,500 share purchase warrants to purchase 1,112,500 shares



Warrant Exercise Price:             

$0.30 for a two year period



Number of Placees:                  

10 Placees

 

Insider / Pro Group Participation:


Insider=Y /


Name                                                              

ProGroup=P                                  

# of Shares

Anita Algie                                                       

Y                                                           

50,000

Peter Born                                                       

Y                                                           

50,000

nKwazi Resource Management Inc. 



(Ian Graham)                                                   

Y                                                           

60,000

________________________________________

WILTON RESOURCES INC. ("WIL") 
BULLETIN TYPE:  Private Placement-Non-Brokered 
BULLETIN DATE:  April 15, 2016 
TSX Venture Tier 2 Company  

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 17, 2016:

Number of Shares:                  

4,733,500 common share units ("Units")


Each Unit is comprised of one common share and one common share purchase warrant



Purchase Price:                        

$0.40 per Unit



Warrants:                                 

4,733,500 share purchase warrants to purchase 4,733,500 shares



Warrant Exercise Price:             

$0.60 for a period of 24 months from the date of issuance



Number of Placees:                  

59 Placees



Insider / Pro Group Participation:

None

Finder's Fee:

132,538 cash and 331,345 warrants ("Finder Warrants") payable to Haywood Securities Inc.


Each Finder Warrant is exercisable for one common share at an exercise price of $0.60 for a period of 24 months from the date of issuance

 

________________________________________

NEX COMPANIES 

BLUEROCK VENTURES CORP. ("BCR.H") 
BULLETIN TYPE:  Private Placement-Non-Brokered 
BULLETIN DATE:  April 15, 2016
NEX Company

TSX Venture Exchange has accepted for filing documentation with respect to a post-consolidation Non-Brokered Private Placement announced March 28, 2016:

Number of Shares:            

3,500,000 shares



Purchase Price:         

$0.05 per share



Number of Placees:    

11 Placees

 

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release announcing the closing of the private placement on April 15, 2016.

________________________________________

SOURCE TSX Venture Exchange

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


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