TSX Venture Exchange Daily Bulletins

VANCOUVER, May 11, 2016 /CNW/ -

TSX VENTURE COMPANIES

BULLETIN TYPE:  Cease Trade Order
BULLETIN DATE:  May 10, 2016
TSX Venture Companies

A  Cease Trade Order has been issued by the British Columbia Securities Commission on May 10, 2016 against the following companies for failing to file the documents indicated within the required time period:

Symbol   

Tier  

Company               

Failure to File   

Period 
Ending (Y/M/D)

AAT      

2

ATI Airtest Technologies Inc.  

a comparative financial statement as required under Part 4 of National Instrument 51-102 Continuous Disclosure Obligations (NI 51-102), a Form 51-102F1 Management's Discussion and Analysis as required under Part 5 of NI 51-102

2015/12/31

VAN

1

Vangold Resources Ltd.

a comparative financial statement as required under Part 4 of National Instrument 51-102 Continuous Disclosure Obligations (NI 51-102), a Form 51-102F1 Management's  Discussion and Analysis as required under Part 5 of NI 51-102

2015/12/31

VID

2

VidWRX Inc.

a comparative financial statement as required under Part 4 of National Instrument 51-102 Continuous Disclosure Obligations (NI 51-102), a Form 51-102F1 Management's Discussion and Analysis as required under Part 5 of NI 51-102

2015/12/31

VRD

2

Viridis Energy Inc.

a comparative financial statement as required under Part 4 of National Instrument 51-102 Continuous Disclosure Obligations (NI 51-102), a Form 51-102F1 Management's  Discussion and Analysis as required under Part 5 of NI 51-102

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.

________________________________________

CALIFORNIA GOLD MINING INC. ("CGM")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 11, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 5, 2016:

Number of Shares:         

7,200,000 shares



Purchase Price:               

$0.05 per share



Warrants:                             

7,200,000 share purchase warrants to purchase 7,200,000 shares



Warrant Exercise Price:           

$0.10 for a three year period



Number of Placees:                

18 Placees

 

Insider / Pro Group Participation:                                                                        

Name

Insider=Y /
ProGroup=P                               

# of Shares






Aggregate Pro Group Involvement

P

2,300,000


    [6 Placees]








Finder's Fee:

An aggregate of $24,150 in cash and 483,000 finders' warrants payable to Leede Jones Gable Inc. and Industrial Alliance Securities Inc. Each finder's warrant entitles the holder to acquire one common share at $0.10 for a three year period.

 

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.

For further details, please refer to the Company's news release dated May 5, 2016.

________________________________________

CANADAIAN OVERSEAS PETROLEUM LIMITED ("XOP")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 11, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 20, 2016:

Number of Units:               

22,857,143 Common Share Units ("Units"). Each Unit consists of one common share ("Share") and one common share purchase warrant ("Warrant"). Warrants are exercisable for two (2) years at a price of £0.0475



Purchase Price:              

£0.035 (CAD$0.064) per Unit



Warrants:                        

22,857,143



Warrant Exercise Price:          

£0.0475 (CAD$$0.089)



Number of Placees:             

8 Placees



Insider / Pro Group Participation: None


Finder's Fee:

Shore Capital and Corporate Limited – Cash: £80,000 corporate finance advisory fee,



Shore Capital Stockbrokers Limited – Cash: finder's fee of £23,350 (flat fee). Securities: 1,177,114 finders warrants, entitling holder to purchase one common share at £0.035 per Share for two (2) years.

 

________________________________________

CANADAIAN OVERSEAS PETROLEUM LIMITED ("XOP")
BULLETIN TYPE:  Private Placement-Brokered
BULLETIN DATE:  May 11, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced April 26, 2016:

Number of Units:                

101,066,868 Common Share Units ("Units"). Each Unit consists of one common share ("Share") and one common share purchase warrant ("Warrant"). Warrants are exercisable for two (2) years at a price of $0.095



Purchase Price:                   

$0.07 per Unit



Warrants:                          

101,066,868



Warrant Exercise Price:        

$0.095



Number of Placees:           

193 Placees

 

Insider / Pro Group Participation:

Name    

Insider=Y /
ProGroup=P  

# of Units




Arthur Millholland    

Y    

5,178,840




Massimo Carello          

Y   

1,521,429




Harald Ludwig             

Y  

2,785,715




John Cowan                  

Y                         

716,742







William Astor 

Y   

678,571




Faralee Cook      

332,143




[Aggregate Pro Group]  

P  

5,679,428

9 Placees









Finder's Fee:  

Dundee Securities Ltd – Cash: $365,624.40; Securities: 5,233,206 broker warrants, each entitling the holder to purchase one Unit, exercisable at $0.07 per Unit, expiring two (2) years from closing.


________________________________________

CRICKET MEDIA GROUP LTD. ('CKT")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  May 11, 2016
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 4,328,816 Series A Preferred Shares at a deemed value of US$0.82 per share to settle outstanding debt for US$3,549,629.

Number of Creditors:                 1 Creditor

                                                             

Insider / Pro Group Participation:

Creditor   

Insider=Y /
Progroup=P 

Amount
Owing

Deemed Price
per Share

# of Shares






ZG Ventures, LLC   

       US$3,549,629         

US$0.82    

4,328,816

 

For further details, please refer to the Company's news release dated January 14, 2016.

________________________________________

FANTASY ACES DAILY FANTASY SPORTS CORP. ("FAS")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  May 11, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 67,815,673 Common Shares to settle outstanding debts of $1,695,391.83.

Number of Creditors:                 10 Creditors

Insider / Pro Group Participation:

Creditor  

Insider=Y /
Progroup=P 

Amount
Owing

Deemed Price
per Share      

# of Shares






Blackhawk Resource Corp     

Y     

$524,643.20

$0.025

20,985,728






Thomas R. Cipolla       

Y   

$35,000

$0.025

1,400,000






Dave Antony                      

Y         

$70,000

$0.025

2,800,000






Thomas A. Frisna               

Y   

$354,000

$0.025

14,160,000






Bryan Frisina                     

Y     

$94,000

$0.025

3,760,000






Trent Frisina                         

Y         

$94,000

$0.025

3,760,000






Michael Olson                   

Y              

$42,000

$0.025

1,680,000

                                                  

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

________________________________________

FIRST MINING FINANCE CORP ("FF")
BULLETIN TYPE:  Company Tier Reclassification
BULLETIN DATE:  May 11, 2016
TSX Venture Tier 2 Company

In accordance with Policy 2.5, the Company has met the requirements for a Tier 1 company.  Therefore, effective Thursday, May 12, 2016, the Company's Tier classification will change from Tier 2 to:

Classification

Tier 1

________________________________________

FLINDERS RESOURCES LIMITED ("FDR")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  May 11, 2016
TSX Venture Tier 1 Company

Effective at 6:30 a.m. PST, May 11, 2016, shares of the Company resumed trading, an announcement having been made.

________________________________________

INVENTUS MINING CORPORATION ("IVS")
BULLETIN TYPE:  Consolidation
BULLETIN DATE:  May 11, 2016
TSX Venture Tier 2 Company                                   

Pursuant to a resolution passed by shareholders on May 5, 2016, the Company has consolidated its capital on the basis of 2 existing common shares for 1 new common share.  The name of the Company has not been changed.

Effective at the opening on Thursday, May 12, 2016, the common shares of Inventus Mining Corporation will commence trading on TSX Venture Exchange on a consolidated basis.  The Company is classified as a 'Mining' company.

Post - Consolidation


Capitalization:                        

    unlimited  shares with no par value of which


42,591,903  shares are issued and outstanding

Escrow:                                  

         nil  shares



Transfer Agent:                           

Equity Financial Trust Company

Trading Symbol:                          

IVS                       (unchanged)

CUSIP Number:                          

461217200           (NEW)

________________________________________

MAUDORE MINERALS LTD. ("MAO.H")
[formerly Maudore Minerals Ltd. ("MAO")]
BULLETIN TYPE:  Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE:  May 11, 2016
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 at the opening on Thursday, May 12, 2016, 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 Montreal to NEX.

As of May 12, 2016, 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 MAO to MAO.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.

Further to the TSX Venture bulletin dated May 9, 2016, trading in the shares of the Company will remain suspended.

Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.

_______________________________________

MCW ENERGY GROUP LIMITED ("MCW")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  May 11, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,100,000 common shares to settle outstanding debt for US$185,000.

Number of Creditors:                 2 Creditors

For futher details, please refer to the Company's news release dated May 9, 2016.

________________________________________

NEMASKA LITHIUM INC. ("NMX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 11, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation relating the acquisition of a dense media separation (DMS) portable mill to be located at the Whabouchi mine site in consideration of $750,000 cash and the issuance of 3,000,000 shares.

For further information, please refer to the Company's press release dated April 29, 2016.

NEMASKA LITHIUM INC. (« NMX »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 11 mai 2016
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt de documents relativement à l'acquisition de un concentrateur par séparation en média dense (DMS) modulaire, lequel sera installé sur le site de la mine Whabouchi en considération d'un paiement en espèces de 750 000 $ et de l'émission de 3 000 000 actions.

Pour plus d'information, veuillez vous référer au communiqué de presse émis par la société le 29 avril 2016.

________________________________

PATRIOT PETROLEUM CORPORATION ("PPC")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 11, 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 12, 2016 and April 13, 2016:

Number of Shares:            

25,000,000 shares



Purchase Price:                 

$0.02 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:          

18 Placees



Finder's Fee:                     

none 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. The Company must also issue a news release if the private placement does not close promptly.

________________________________________

RELIQ HEALTH TECHNOLOGIES ("RHT")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 11, 2016
TSX Venture Tier 2 Company

Effective at 8:35 a.m. PST, May 11, 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.

________________________________________

STRIA LITHIUM INC. ("SRA") 
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE:  May 11, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement:

Number of Shares:                

5,000,000 flow-through common shares



Purchase Price:                       

$0.05 per flow-through common share



Warrants:                                

2,500,000 warrants to purchase 2,500,000 common shares



Warrants Exercise Price:              

$0.05 during a period of 60 months following the closing date



Number of Placees:                       

17 Placees

 

Insider/Pro Group Participation:

Name

Insider = Y /

Pro Group = P

Number of

Shares

Jeffrey York

Y

1,940,000

Aggregate Pro-Group Involvement   (1 Placee)

P

100,000




Finders' Fees:

The finder received $8,240 in cash and 164,800 common share purchase warrants at $0.05 for 60 months

 

The Company confirmed the closing of that Private Placement by way of a press release dated April 13, 2016.

__________________________________________

STRIA LITHIUM INC. ("SRA") 
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE:  May 11, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement:

Number of Shares:                  

5,000,000 common shares



Purchase Price:                    

$0.05 per common share



Warrants:                                

5,000,000 warrants to purchase 5,000,000 common shares



Warrants Exercise Price:         

$0.05 during a period of 60 months following the closing date



Number of Placees:                 

21 Placees

 

Insider/Pro Group Participation:

Name

Insider = Y /

Pro Group = P

Number of

Shares

Lindsay Weatherdon

Y

400,000

Aggregate Pro-Group Involvement   (2 Placees)

P

352,000




Finders' Fees:

The finder received $10,608 in cash and 212,160 common share purchase warrants at $0.05 for 60 months

 

The Company confirmed the closing of that Private Placement by way of a press release dated April 13, 2016.

__________________________________________

TASMAN METALS LTD. ("TSM")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  May 11, 2016
TSX Venture Tier 1 Company

Effective at 6:30 a.m. PST, May 11, 2016, shares of the Company resumed trading, an announcement having been made.

________________________________________

TUDOR GOLD CORP ("TUD")
[formerly KAIZEN CAPITAL CORP ("KZN")]
BULLETIN TYPE:  Name Change
BULLETIN DATE:  May 11, 2016
TSX Venture Tier 2 Company

The Company has changed its name as follows.  There is no consolidation of capital.

Effective at the opening Thursday, May 12, 2016, the common shares of Tudor Gold Corp. will commence trading on TSX Venture Exchange, and the common shares of Kaizen Capital Corp. will be delisted.  The Company is classified as a 'Mineral exploration' company.

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           



Transfer Agent:                             

Computershare Trust Company of Canada

Trading Symbol:                           

TUD                      (new)

CUSIP Number:                           

89901P107           (new)

________________________________________

NEX COMPANIES

BULLETIN TYPE:  Cease Trade Order
BULLETIN DATE:  May 10, 2016
NEX Companies

A  Cease Trade Order has been issued by the British Columbia Securities Commission on May 10, 2016 against the following companies for failing to file the documents indicated within the required time period:

Symbol   

Tier  

Company              

Failure to File

Period
Ending 
(Y/M/D)

KE.H    

      NEX 

    Karoo Exploration Corp.   

a comparative financial statement as required under Part 4 of National  Instrument 51-102 Continuous Disclosure Obligations (NI 51-102 a Form 51-102F1 Management's Discussion and Analysis as required under Part 5 of NI 51-102

2015/12/31






SHI.H

NEX

Sunrise Resources Ltd.

a comparative financial statement as required under Part 4 of National  Instrument 51-102 Continuous Disclosure Obligations (NI 51-102 a Form 51-102F1 Management's Discussion and Analysis as required under Part 5 of NI 51-102

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.

________________________________________

SOURCE TSX Venture Exchange

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


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