TSX Venture Exchange Daily Bulletins

VANCOUVER, July 19, 2016 /CNW/ -

TSX VENTURE COMPANIES

AMERICAN CREEK RESOURCES LTD. ("AMK")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  July 19, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 625,000 Common Shares ("Shares") at a deemed price of $0.08 per Share to settle outstanding debt for $50,000 with one arm's length contractor.

Number of Creditors:                 1 Creditor

Insider / Pro Group Participation:            None

The company will issue a press release once the debt has been extinguished.

________________________________________

C-COM SATELLITE SYSTEMS INC. ("CMI")
BULLETIN TYPE:  Declaration of Dividend
BULLETIN DATE:  July 19, 2016
TSX Venture Tier 1 Company

The Issuer has declared the following dividend(s):

Dividend per Share:    

$0.0125

Payable Date:             

August 18, 2016

Record Date:      

August 4, 2016

Ex-distribution Date: 

August 2, 2016

 

________________________________________

FOCUS VENTURES LTD. ("FCV")
BULLETIN TYPE:  Shares for Bonuses
BULLETIN DATE:  July 19, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,740,340 shares to Sprott Resource Lending Partnership as consideration for an amendment fee of US$210,000 for extending the maturity date of a credit facility from September 30, 2016 to September 30, 2019.

Please refer to the Company's news release of July 14, 2016 for further details.

________________________________________

GPM METALS INC. ("GPM")
BULLETIN TYPE:  Property-Asset or Share Disposition Agreement
BULLETIN DATE:  July 19, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation relating to an agreement (the "Agreement") dated May 16, 2016, between Lago Dourado Minerals Ltd.  (TSXV:LDM) ("Lago") and GPM Metals Inc. (the "Company").  Pursuant to the Agreement, Lago shall acquire all of the property interests of the Company in the Sandy Lake District, Northwestern Ontario.

As consideration, Lago shall issue 40,000,000 shares to the Company.

For more information, refer to the Company's news release dated March 29, 2016.

________________________________________

GREAT BEAR RESOURCES LTD. ("GBR")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  July 19, 2016
TSX Venture Tier 2 Company

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

Number of Shares:             

3,005,966 shares



Purchase Price:               

$0.15 per share



Warrants:                         

3,005,966 share purchase warrants to purchase 3,005,966 shares



Warrant Exercise Price:          

$0.20 for a three year period, subject to an accelerated expiry



Number of Placees:             

31 Placees

 

Insider / Pro Group Participation:                                                                        

Name                                

Insider=Y / 
ProGroup=P                                 

  # of Shares

Christopher Taylor                                   

Y                  

133,333

Nicmar Capital Corp. (Tony Ricci)                

Y                     

133,335

Rajbinder Singh                                  

Y          

166,667

Aggregate Pro Group Involvement            

P                    

851,599

  [8 Placees]



 

The Company issued a news release on July 18, 2016 confirming closing of the private placement. 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.

________________________________________

GRENVILLE STRATEGIC ROYALTY CORP. ("GRC")
BULLETIN TYPE:  Declaration of Dividend
BULLETIN DATE:  July 19, 2016
TSX Venture Tier 2 Company

The Issuer has declared the following dividend(s):

Dividend per Common Share:    

$0.00416

Payable Date:

August 15, 2016

Record Date:     

July 29, 2016

Ex-dividend Date:    

July 27, 2016

________________________________________

HOMESTAKE RESOURCE CORPORATION ("HSR")
BULLETIN TYPE:  Private Placement-Non-Brokered; Convertible Debentures
BULLETIN DATE:  July 19, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 13, 2016 and July 18, 2016:

Convertible Debenture      

$150,000



Conversion Price:               

Convertible into 1,500,000 shares at a conversion price of $0.10 per share



Maturity date:                   

90 days after termination of the arrangement agreement announced June 13, 2016



Number of Placees:           

1 Placee

 

The above information is a summary only.  Neither TMX Group Limited nor any of its affiliated companies guarantee the accuracy or completeness of the information contained in this document.  Readers should consult the issuer's continuous disclosure record for complete details of the transaction.

________________________________________

ITASCA CAPITAL LTD ("ICL")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  July 19, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a  Subscription Agreement between Itasca Capital Ltd (the "Company") and 1347 Investors LLC ("1347 LLC") and an Amended and Restated Limited Liability Company Agreement LLC Agreement between the Company and the other members of 1347 LLC (collectively, the "Transaction Agreements") dated July 18, 2016. Pursuant to the Transaction Agreement,  the Company shall subscribe for up to 10,000,000 Class A Preference Interests of 1347 LLC (the "Interests") for a purchase price of USD$1.00 per Interest for an aggregate total of USD$10,000,000.

The transaction is non-arm's length.

For further information, please see the Company's news release dated July 18, 2016.

________________________________________

LAGO DOURADO MINERALS LTD. ("LDM")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  July 19, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation relating to an agreement (the "Agreement") dated May 16, 2016, between GPM Metals Inc. (TSXV:GPM) ("GPM") and Lago Dourado Minerals Ltd. (the "Company").  Pursuant to the Agreement, the Company shall acquire all of the property interests of GPM in the Sandy Lake District, Northwestern Ontario.

As consideration, the Company shall issue 40,000,000 shares to GPM.

For more information, refer to the Company's news release dated March 29, 2016.

________________________________________

MOSAIC CAPITAL CORPORATION ("M.PR.A")
BULLETIN TYPE:  Declaration of Dividend
BULLETIN DATE:  July 19, 2016
TSX Venture Tier 1 Company

The Issuer has declared the following dividend(s):

Dividend per Preferred Security:       

$0.0833

Payable Date:       

August 15, 2016

Record Date:  

July 29, 2016

Ex-dividend Date:

July 27, 2016    

 

________________________________________

NEO LITHIUM CORP.  ("NLC")
[Formerly: POCML 3 Inc. ("PWR.P")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Private Placement–Brokered, Name Change and Consolidation, Resume Trading
BULLETIN DATE: July 19, 2016
TSX Venture Tier 2 Company

The common shares of the Company have been halted from trading since March 4, 2016, pending completion of a Qualifying Transaction (the "QT"). TSX Venture Exchange has accepted for filing the Company's QT described in its information circular dated June 13, 2016.  As a result, at the opening on Wednesday, July 20, 2016, the Company will no longer be considered a Capital Pool Company and trading in the shares of the Company will resume. 

Pursuant to the terms of the amalgamation agreement dated April 8, 2016, POCML 3 Inc. (the "CPC") amalgamated with privately held Neo Lithium Corp. (a predecessor company)("Old Neo Lithium") to form the Company (the "Amalgamation"). A total of 38,700,000 shares of the Company were issued to shareholders of Old Neo Lithium. In connection with the QT, the CPC completed a subscription receipt financing on April 8, 2016 of 20,000,000 subscription receipts ("Subscription Receipts") at $0.35 per Subscription Receipt for total proceeds of $7,000,000. Also in connection with the QT, Old Neo Lithium completed a brokered private placement on May 12, 2016 and a non-brokered private placement on May 27, 2016 resulting in the issuance of 11,700,000 Old Neo Lithium common shares at $1.00 per common share for gross proceeds of $11,700,000. The CPC also completed a consolidation of their shares on July 15, 2017 (the "Consolidation") and each Subscription Receipt converted into one post-Consolidation common share of the Company for no additional consideration immediately prior to the QT.

For further information, please visit the Company profile at www.sedar.com.

Private Placement – Brokered

Before the closing of the QT, POCML 3 Inc. completed a private placement of subscription receipts which were exchanged into the following post-Consolidation securities in the Company.

Number of Shares:    

20,000,000 common shares



Purchase Price: 

$0.35 per common share



Number of Placees: 

93 Placees

 

Insider / Pro Group Participation:

Name                                 

Insider=Y /
ProGroup=P
                        

# of Shares

David D'Onofrio.                               

Y                 

200,000




Conan McIntyre                              

Y                  

30,000




Agent's Fee:

$469,697, together with share purchase warrants entitling the holder to purchase 1,341,990 common shares of the Resulting Issuer at an exercise price of $0.35 per share until July 15, 2017, was paid to Power One Capital Markets Limited.

 

Name Change and Consolidation

Pursuant to a resolution passed by shareholders at a Special Meeting of Shareholders on July 12, 2016, POCML 3 Inc. consolidated its capital on the basis of 0.91 new common shares of the CPC for 1 old common share of the CPC.  The name of the CPC has also been changed to "Neo Lithium Corp.".

Effective at the opening on Wednesday, July 20, 2016, the common shares of Neo Lithium Corp. will commence trading on TSX Venture Exchange, and the common shares of POCML 3 Inc. will be delisted.  The Company is classified as a 'lithium mineral mining' company.

Resume Trading

Further to the TSX Venture Exchange bulletins dated March 4, 2016 and June 16, 2016, effective at the opening on Wednesday, July 20, 2016, the common shares of Neo Lithium Corp. will commence trading on TSX Venture Exchange, and the common shares of POCML 3 Inc. will be delisted.

The Company is classified as a 'lithium mineral mining' company.

Post – Consolidation




Capitalization:                    

Unlimited  number of common shares with no par value of which 65,070,000  shares are issued and outstanding, and



Escrow:                             

18,093,000  common shares



Escrow Term:                    

36 months



Transfer Agent:                      

TSX Trust

Trading Symbol:                    

NLC                        (new)

CUSIP Number:                    

64047A108            (new)





Company Contact:                       

Waldo Perez, CEO and Director

Company Address:                 

333 Bay Street, Suite 2400, Toronto, Ontario M5H 2T6

Company Phone Number:               

416-457-6529

Company Website Address:           

http://neolithium.ca/

Company Email Address:             

wperez@neolithium.ca

 

________________________________

NEVADA ENERGY METALS INC. ("BFF")
BULLETIN TYPE:  Shares for Services
BULLETIN DATE: July 19, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 200,000 shares at a deemed price of $0.12 in consideration of certain services provided to the company pursuant to a Finder's Fee agreement dated July 5, 2016.

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

________________________________________

NEXUS GOLD CORP. ("NXS")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  July 19, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 15, 2016 and July 11, 2016:

Number of Shares:         

5,700,000 shares



Purchase Price:               

$0.05 per share



Warrants:                          

2,850,000 share purchase warrants to purchase 2,850,000 shares



Warrant Exercise Price:      

$0.075 for a two year period



Number of Placees:            

3 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.]

________________________________________

NOBEL REAL ESTATE INVESTMENT TRUST ("NEL.UN")
BULLETIN TYPE:  Notice of Distribution
BULLETIN DATE:  July 19, 2016
TSX Venture Tier 2 Company

The Issuer has declared the following distribution(s):

Distribution per Unit:  $0.014165
Payable Date:  August 15, 2016
Record Date: July 29, 2016
Ex-distribution Date: July 27, 2016        

________________________________________

RAINMAKER RESOURCES LTD. ("RIR")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  July 19, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation pertaining to an option agreement dated June 7, 2016 between Rainmaker Resources Ltd. (the 'Company') and Utah Mineral Resources LLC (O. Jay Gatten), pursuant to which the Company has the option to acquire a 100% interest in 48 placer mining claims, covering approximately 1,000 acres in Nye County, Nevada, known as the Sarcobatus Flats Lithium property. In consideration, the Company will issue 500,000 shares, undertake a total of US$150,000 in exploration work, and make payments totalling US$325,000 in cash or shares as follows:


  CASH           

    SHARES     

    WORK EXPENDITURES

Upon Exchange Acceptance  

nil       

500,000


On or before first anniversary

US$75,000   

or paid in shares*  

US$50,000

On or before second anniversary

US$100,000  

or paid in shares*  

US$50,000

On or before third anniversary 

US$150,000 

or paid in shares*  

nil

 

*Shares will be valued on the average trading price for 30 days prior to payment date.

The acquisition is subject to a 2% net smelter return royalty of which the Company may purchase half for US$1,000,000.

________________________________________

RJK EXPLORATIONS LTD. ("RJX.A")
[formerly  RJK EXPLORATIONS LTD. ("RJX.A")]
BULLETIN TYPE:  Consolidation
BULLETIN DATE:  July 19, 2016
TSX Venture Tier 2 Company

Pursuant to a special resolution passed by shareholders May 28, 2015, the Company has consolidated its capital on a ten (10) old for one (1) new basis.  The name of the Company has not been changed.

Effective at the opening Friday, July 22, 2016, the class A shares of the Company will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration/Development' company.

Post - Consolidation


Capitalization:               

Unlimited   shares with no par value of which


9,281,198   shares are issued and outstanding

Escrow                              

Nil   shares are subject to escrow



Transfer Agent:              

TSX Trust Company

Trading Symbol:            

RJX.A                (UNCHANGED)

CUSIP Number:              

74960G404        (new)

 

________________________________________

SHOAL GAMES LTD ("SGW")("SGW.RT")
BULLETIN TYPE:  Rights Offering-Shares, Correction
BULLETIN DATE:  July 19, 2016
TSX Venture Tier 2 Company

Further to the TSXV bulletin dated July 15, 2016, there was an error in the record date and a due bill redemption date was missing. The correct dates are as follows:

Record Date:   

July 5, 2016

Due Bill Redemption Date:  

July 22, 2016  

Shares Trade Ex-Rights:              

July 20, 2016

Rights Called for Trading: 

July 20, 2016

Rights Trade for Cash: 

October 6, 2016

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

Rights Expire:  

October 11, 2016, 12:00 (EST)



October 6, 2016 - TO SETTLE – October 7, 2016


October 7, 2016 - TO SETTLE – October 10, 2016


October 10, 2016 - TO SETTLE – October 11, 2016


October 11, 2016 - TO SETTLE – October 11, 2016


 

________________________________________

SKYHARBOUR RESOURCES LTD. ("SYH")
BULLETIN TYPE:  Consolidation
BULLETIN DATE:  July 19, 2016
TSX Venture Tier 2 Company

Pursuant to a board resolution passed on July 5, 2016, the Company has consolidated its capital on a four (4) old for one (1) new basis.  The name of the Company has not been changed.

Effective at the opening July 20, 2016, the shares of Skyharbour Resources Ltd. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Junior Natural Resource -Mining' company.

Post - Consolidation


Capitalization:                

unlimited   shares with no par value of which


22,260,890   shares are issued and outstanding

Escrow                          

nil   shares are subject to escrow



Transfer Agent:              

Computershare Investor Services Inc.

Trading Symbol:           

SYH                    (UNCHANGED)

CUSIP Number:             

830816 60 9       (new)

 

________________________________________

STRONGBOW EXPLORATION INC. ("SBW")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  July 19, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 31, 2016:

THIRD TRANCHE:




Number of Shares:          

150,000 shares



Purchase Price:                  

$0.125 per share



Warrants:                         

150,000 share purchase warrants to purchase 150,000 shares



Warrant Exercise Price:      

$0.20 for a three year period



Number of Placees:         

2 Placees

 

________________________________________

TRISTAR GOLD INC. ("TSG")
BULLETIN TYPE:  Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE:  July 19, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation relating on an amendment agreement dated May 6, 2015 between TriStar Gold Inc. (the "Company") and TriStar Servicos de Mineracao do Brasil Ltda. (the Company's Brazilian subsidiary) and Joao Americo Franca Vieira ("Americo") and Mineracao Vale de Esperanca Ltda (together, the "Vendor") which amends the original acquisition agreement dated October 23, 2010, as amended on November 19, 2013 and February 4, 2014, regarding the Castelo de Sonhos property. Pursuant to the amendment agreement the Company was given the option to substitute a payment of US$1,500,000 which was previously due in July 2015, with various payments between July 2015 and July 2016 totalling US$1,600,000, together with the issuance of 1,000,000 common shares to Americo.

________________________________________

TUSCANY ENERGY LTD. ("TUS")
BULLETIN TYPE:  Delist
BULLETIN DATE:  July 19, 2016
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated July 5, 2016 and the Company's filing on SEDAR on June 29, 2016, effective at the close of business Wednesday, July 20, 2016, the common shares will be delisted from TSX Venture Exchange as a result of the company's failure to maintain Exchange Requirements.

________________________________________

NEX COMPANIES

PANDA CAPITAL INC. ("PDA.H")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: July 19, 2016
NEX Company

Further to the TSX Venture Exchange Bulletin dated June 3, 2016, the Exchange has been advised that the Cease Trade Order issued by the Ontario Securities Commission dated June 3, 2016 has been revoked.

Effective at the opening, Wednesday, July 20, 2016, trading will be reinstated in the securities of the Company.

________________________________________

SOURCE TSX Venture Exchange

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


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