TSX Venture Exchange Daily Bulletins

VANCOUVER, May 9, 2016 /CNW/ -

TSX VENTURE COMPANIES

BULLETIN TYPE:  Cease Trade Order
BULLETIN DATE:  May 6, 2016
TSX Venture Company

A  Cease Trade Order has been issued by the Alberta Securities Commission on May 6, 2016 against the following company/ies for failing to file the documents indicated within the required time period:

Symbol 

Tier  

        Company 

Failure to File 

Period 
Ending   
(Y/M/D)

SOF

2

International SoftRock Oil Company Ltd.

annual audited financial statements, annual management's discussion and analysis, and  certification of annual filings

 2015/12/31

OOI

2

Oil Optimization Inc

annual audited financial statements, annual management's discussion and analysis, and certification of annual filings

2015/12/31

 

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 companies during the period of the suspension or until further notice.

________________________________________

BULLETIN TYPE:  Cease Trade Order
BULLETIN DATE:  May 9, 2016
TSX Venture Tier 2 Company

A Cease Trade Order has been issued by the Autorité des marchés financiers on May 9, 2016, against the following Company for failing to file the document indicated within the required time period:

Symbol

Company

Failure to File

Period
Ending
(Y/M/D)

("MAO")

Maudore Minerals Ltd.

Annual Financial Statements

15/12/31

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.

TYPE DE BULLETIN : Interdiction d'opérations sur valeurs
DATE DU BULLETIN : Le 9 mai 2016
Société du groupe 2 de TSX Croissance

Une interdiction d'opérations sur valeurs a été émise le 9 mai 2016 par l'Autorité des marchés financiers envers la société suivante pour défaut de déposer le document indiqué dans la période prescrite :

Symbole

Société

Défaut de déposer

Période se
terminant
(A/M/J)

(« MAO »)

Minéraux Maudore Ltée

États financiers annuels

15/12/31

Suite à l'interdiction d'opérations sur valeurs, la négociation des titres de la société demeurera suspendue jusqu'à ce que la société réponde aux normes de Bourse de croissance TSX. Il est interdit aux membres de transiger les titres de la société durant la période de suspension ou jusqu'à un avis ultérieur.

_________________________________________________

AFRICAN GOLD GROUP, INC. ("AGG")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE:  May 9, 2016
TSX Venture Tier 2 Company

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

Private Placement:




# of Warrants:                            

10,002,601

Original Expiry Date of Warrants:           

May 21, 2016 

New Expiry Date of Warrants:                 

May 21, 2017

Exercise Price of Warrants:                     

$0.18

 

These warrants were issued pursuant to a private placement of 20,005,208 common shares with 10,002,601 share purchase warrants attached, which was accepted for filing by the Exchange effective May 28, 2014.

________________________________________

ATLANTIC GOLD CORPORATION ("AGB") ("AGB.WT")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 9, 2016
TSX Venture Tier 2 Company

Effective at 6:28 a.m. PST, May 9, 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.

________________________________________

ATLANTIC GOLD CORPORATION ("AGB") ("AGB.WT")
BULLETIN TYPE:  Resume Trading
ULLETIN DATE:  May 9, 2016
TSX Venture Tier 2 Company

Effective at 8:00 a.m. PST, May 9, 2016, shares of the Company resumed trading, an announcement having been made.

________________________________________

ANTIBE THERAPEUTICS INC. ("ATE")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  May 9, 2016
TSX Venture Tier 2 Company

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

Convertible Debenture          

$77,587.19



Conversion Price                

Convertible into shares at $0.22 of principle per share until maturity



Maturity Date                      

October 15, 2018



Interest Rate                      

10% per annum



Number of Placees:            

25 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.

________________________________________

CANADA RARE EARTH CORP. ("LL")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  May 9, 2016
TSX Venture Tier 2 Company

Effective at 11:00 a.m. PST, May 9, 2016, shares of the Company resumed trading, an announcement having been made.

________________________________________

COPPER CREEK GOLD CORP. ("CPV")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 9, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 3, 2016:

Number of Shares:               

1,416,666 shares



Purchase Price:                

$0.06 per share



Warrants:                           

1,416,666 share purchase warrants to purchase 1,416,666 shares



Warrant Exercise Price:         

$0.10 for an eighteen-month period



Number of Placees:             

15 Placees

 

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.

________________________________________

COREX GOLD CORPORATION ("CGE")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  May 9, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,205,000 shares at a deemed value of $0.08 per share to settle outstanding debt for $176,400.

Number of Creditors:                 2 Creditors

Insider / Pro Group Participation:

Creditor  

Insider=Y /
Progroup=P
 

Amount
Owing
  

Deemed Price
per Share 

# of Shares

Craig Schneider

Y

$57,500

$0.08

718,750

                                                                                         

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

________________________________________

CRICKET MEDIA GROUP LTD. ("CKT")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  May 9, 2016
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 23, 2016:

Convertible Debentures

US$1,582,000



Conversion Prices  

Convertible into Series B preferred shares at US$0.25 of principle per share until maturity.   Each Series B preferred share is convertible into one restricted voting common share (each convertible into one common share)



Maturity Date 

April 30, 2016



Interest Rate  

5% per annum



Number of Placees: 

11 Placees

 

Insider / Pro Group Participation:

                                                                        

Name                

Insider=Y /
ProGroup=P
                    

Amount 

W.J. Raduchel Revocable Trust                   

Y                            

$32,000

(William Raduchel)



Shaman II, LLC                                  

Y                    

$211,000

(Miles Gilburne & Nina Zolt)



Aggregate Pro Group Involvement                         

P                        

$228,000

         [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.

________________________________________

DURANGO RESOURCES INC. ("DGO")
BULLETIN TYPE:  Shares for Services
BULLETIN DATE: May 9, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 383,393 shares at a deemed price of $0.07, in consideration of certain services provided to the company pursuant to an agreement dated September 4, 2015.

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

________________________________________

EUREKA RESOURCES INC. ("EUK")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 9, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 7, 2016 and April 14, 2016:

Second Tranche:




Number of Shares:           

2,033,334 shares



Purchase Price:                 

$0.075 per share



Warrants:                          

2,033,334 share purchase warrants to purchase 2,033,334 shares



Warrant Exercise Price:    

$0.125 for a two year period



Number of Placees:        

9 Placees

 

Insider / Pro Group Participation:

Name                                           

Insider=Y /
ProGroup=P                         

# of Shares

Aggregate Pro Group Involvement           

P                                  

650,000

  [2 Placees]






Finder's Fee:                   

$5,250 cash and 70,000 warrants payable to Haywood Securities Inc.



$525 cash and 7,000 warrants payable to PI Financial Corp.



$700 cash and 9,333 warrants payable to Canaccord Genuity Corp.



Finder's fee warrants are exercisable at $0.075 per unit.  The underlying units are under 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.  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.

________________________________________

KAIZEN CAPITAL CORP. ("KZN")
[formerly KAIZEN CAPITAL CORP ("KZN.H")]
BULLETIN TYPE:  Qualifying Transaction-Completed/New Symbol, Property-Asset or Share Purchase Agreement, Private Placement-Non-Brokered, Resume Trading, Graduation from NEX to TSX Venture,
BULLETIN DATE:  May 9, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing Kaizen Capital Corp (the "Company") Qualifying Transaction described in its Filing Statement dated April 6, 2016.  As a result, at the opening on Tuesday, May 10, 2016, the Company will no longer be considered a Capital Pool Company.  The Qualifying Transaction includes the following: Acquisition Agreement (the "Agreement") with Tudor Holdings Ltd ("Tudor") to purchase its interest in the Mackie Property, British Columbia (the "Property") which comprises 17 mineral claims. Tudor has an option to earn a 100% interest in the Property subject to a 2% net smelter royalty to the underlying property owners.

In order to acquire Tudor's interest in the Mackie Property, the Company must issue 30,000,000 shares to Tudor and assume Tudor's obligations to the property which includes paying a total cash consideration of $2,175,000 over the next 4 years to the underlying property owners. The Tudor Holdings Ltd has already paid $75,000.

Capitalization:                            

Unlimited  shares with no par value of which


44,905,000  shares are issued and outstanding

Escrow:                                     

575,000  shares are subject to a 3 year CPC Escrow


30,000,000  shares are subject to an Exchange 3 year value Escrow           



Symbol:                                      

KZN                      same symbol as CPC but with .H removed

The transaction is arms length.

Graduation from NEX

The Company has met the requirements to be listed as a TSX Venture Tier  Company.  Therefore, effective on Tuesday, May 10, 2016, the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to TSX Venture Exchange.

The Company is classified as a 'mineral exploration' company.

Private Placement

TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered Private Placement announced January 14, 2016:

Number of Shares:    

11,880,000 shares



Purchase Price:  

$0.10 per share



Number of Placees:   

52 Placees

Insider / Pro Group Participation:

Name

Insider=Y /
ProGroup=P                         

# of Shares




Aggregate Pro Group Involvement            


330,000

  [5 Placees]






Finder's Fee:   

Leede Jones Gable Inc. received a cash fee in the amount of $42,500.00.


 

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.

Company Contact: Aris Morfopoulos           
Company Address: Suite 900-1021 West Hastings Street, Vancouver, BC, V6E 0C3
Company Phone Number: 604-721-2650                                          
Company Email Address: aris@morfopoulos.com                           

______________________________________

MAGNUM GOLDCORP INC. ("MGI")
BULLETIN TYPE:  Shares for Bonuses
BULLETIN DATE:  May 9, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 269,231 bonus shares to the following insiders:  in consideration of a loan of $87,500 with a term of one year and interest payable at 1% per month (12% per annum)..


Shares    

Warrants

Criterion Capital  Corporation (Douglas Mason)

76,923

nil

Kennedy-Hill Financial Group Inc.                

76,923

nil

(Daniel B. Evans, David H. Evans)



David H. Evans                                       

76,923

nil

________________________________________

NOBEL REAL ESTATE INVESTMENT TRUST ("NEL.UN")
BULLETIN TYPE:  Notice of Distribution
BULLETIN DATE:  May 6, 2016
TSX Venture Tier 2 Company

The Issuer has declared the following distribution(s):

Distribution per Unit:    

$0.014165

Payable Date:     

June 15, 2016

Record Date:  

May 31, 2016

Ex-Distribution Date:      

May 27, 2016

________________________________________

PACIFIC POTASH CORPORATION ("PP")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: May 9, 2016
TSX Venture Tier 2 Company                          

Further to the TSX Venture Exchange Bulletin dated November 4, 2015, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission dated November 4, 2015 has been revoked.

Effective at the opening, Tuesday May 10, 2016 trading will be reinstated in the securities of the Company.

_______________________________________

RELIQ HEALTH TECHNOLOGIES INC. ("RHT")
[formerly MOSEDA TECHNOLOGIES INC. ("MSD")]
BULLETIN TYPE:  Name Change
BULLETIN DATE:  May 9, 2016
TSX Venture Tier 2 Company

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

Effective at the opening Tuesday May 10, 2016, the common shares of Reliq Health Technologies Inc. will commence trading on TSX Venture Exchange, and the common shares of Moseda Technologies Inc. will be delisted.  The Company is classified as an Industrial/Technology company.

Capitalization:                              

unlimited  shares with no par value of which


53,023,521  shares are issued and outstanding

Escrow:                                      

4,155,853



Transfer Agent:                               

Computershare Investor Services Inc.

Trading Symbol:                              

RHT                      (new)

CUSIP Number:                              

75955T103           (new)

________________________________________

TRANSGAMING INC. ("TNG")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 9, 2016
TSX Venture Tier 2 Company

Effective at 6:14 a.m. PST, May 9, 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.

________________________________________

TRANSGAMING INC. ("TNG")
BULLETIN TYPE:  Remain Halted
BULLETIN DATE:  May 9, 2016
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated May 9, 2016, 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 Take-Over pursuant to Listings Policy 5.2.

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.

________________________________________

XYLITOL CANADA INC. ("XYL")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  May 9, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 11, 2016:

Convertible Debentures       

$960,000



Conversion Prices                 

Convertible into shares at $0.10 of principle per share until maturity



Maturity Date                      

four years from issuance



Interest Rate                          

greater of (i) an annual interest rate of 15% payable per annum and (ii) a royalty equal to 3% of net sales per annum, subject to an annualized combined effective interest of a maximum of 24%



Warrants:                          

960,000 detachable share purchase warrants to purchase 960,000 shares



Warrant Exercise Price:      

$0.08 for a two year period



Number of Placees:            

2 Placees

 

Insider / Pro Group Participation:

Name     

Insider=Y /  
ProGroup=P    

Amount           

Dundee Agricultural Corporation              

Y                  

$250,000

Fountain Asset Corp.                                  

Y                     

$710,000

 

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.

________________________________________

XYLITOL CANADA INC. ("XYL")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  May 9, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 11, 2016:

Convertible Debentures      

$250,000



Conversion Prices               

Convertible into shares at $0.10 of principle per share until maturity



Maturity Date                      

three years from issuance



Interest Rate                       

10% per annum



Warrants:                           

500,000 detachable share purchase warrants to purchase 500,000 shares



Warrant Exercise Price:      

$0.15 for a three year period



Number of Placees:           

1 Placee

 

Insider / Pro Group Participation:

Name            

Insider=Y /
ProGroup=P     

Amount  

Dundee Agricultural Corporation                  

Y                       

$250,000

 

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.

________________________________________

ZENYATTA VENTURES LTD. ("ZEN")("ZEN.RT")
BULLETIN TYPE:  Rights Offering-Shares
BULLETIN DATE:  May 9, 2016
TSX Venture Tier 2 Company

The Company has announced it will offer to Shareholders of record on May 13, 2016, Rights to purchase shares of the Company.  One (1) Right will be issued for each share held.  Fifteen (15) Rights and $0.75 are required to purchase one Share.  The expiry date for the Rights Offering is June 10, 2016.  As at May 2, 2016 the Company had 58,954,016 shares issued and outstanding.

Effective at the opening, Wednesday, May 11, 2016, the shares of the Company will trade Ex-Rights and the Rights will commence trading at that time on a 'when-issued basis'.  The Company is classified as a 'Mining' company.

Summary:




Basis of Offering:                                 

Fifteen (15) Rights exercisable for One (1) Share at $0.75 per Share



Record Date:                                           

May 13, 2016

Shares Trade Ex-Rights:                           

May 11, 2016

Rights Called for Trading:                              

May 11, 2016

Rights Trade for Cash:                                   

June 7, 2016

- Trading in the rights shall be for cash for the three trading days preceding the expiry date.

Rights Expire:                                           

June 10, 2016, 5:00 PM (EST)

 

TRADE DATES

June 7, 2016 - TO SETTLE – June 8, 2016
June 8, 2016 - TO SETTLE – June 9, 2016
June 9, 2016 - TO SETTLE – June 10, 2016
June 10, 2016 - TO SETTLE – June 10, 2016

Rights Trading Symbol:                            

ZEN.RT

Rights CUSIP Number:                                 

98943A127

Subscription Agent and Trustee:                       

Capital Transfer Agency Inc.

Authorized Jurisdiction(s):                               

All Provinces and Territories of Canada

 

For further details, please refer to the Company's Rights Offering Circular dated May 9, 2016.

The Company's Rights Offering Circular has been filed with and accepted by TSX Venture Exchange.

________________________________________

NEX COMPANIES

TRENCHANT CAPITAL CORP. ("TCC.H")
[formerly Echelon Petroleum Corp. ("ECH.H")]
BULLETIN TYPE:  Name Change
BULLETIN DATE:  May 9, 2016
NEX Company

Pursuant to a resolution passed by the Board of Directors on April 22, 2016, the Company has changed its name as follows.  There is no consolidation of capital.

Effective at the opening May 10, 2016, the common shares of Trenchant Capital Corp. will commence trading on TSX Venture Exchange, and the common shares of Echelon Petroleum Corp. will be delisted.  The Company is classified as a 'Oil and Gas Extraction' company.

Capitalization:                           

Unlimited  shares with no par value of which


11,535,885  shares are issued and outstanding

Escrow:                                     

                   Nil 



Transfer Agent:                            

Computershare Investor Services Inc.

Trading Symbol:                            

TCC                      (new)

CUSIP Number:                             

89485R107           (new)

________________________________________

SOURCE TSX Venture Exchange

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


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