TSX Venture Exchange Daily Bulletins

VANCOUVER, Aug. 12, 2016 /CNW/ -

TSX VENTURE COMPANIES

ABCOURT MINES INC. ("ABI")
BULLETIN TYPE: Private Placement – Non-Brokered
BULLETIN DATE: August 12, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement announced on July 6, 2016:

Number of Shares:  

23,810,000 common shares



Purchase Price: 

$0.10 per common share



Warrants:  

11,905,000 warrants to purchase 11,905,000 common shares



Warrant exercise price:   

$0.13 until August 9, 2017



Number of Placees:  

14 Placees

Insider/Pro Group Participation:

Name

Insider = Y /
Pro Group = P

Number of

 Shares

Décochib Inc. (Renaud Hinse)

Y

6,000,000

SARL MF (François Mestrallet)

Y

|8,000,000




Finder    

Redplug Capital Corp.



Intermediaries' Fee:     

382,200 non-transferable warrants to purchase 382,200 Units at an exercise price of $0.10 per Unit during a 12 months period. Each Unit includes one share and one-half common share purchase warrant, each whole warrant having an exercise price of $0.13 during a period of 12 months following the closing date.



The Company has confirmed the closing of the above-mentioned Private Placement by way of the press release dated August 9, 2016.

 

MINES ABCOURT INC. (« ABI »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 12 août 2016
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier annoncé le 6 juillet 2016 :

 

Nombre d'actions :   

23 810 000 actions ordinaires



Prix :       

0,10$ par action ordinaire



Bons de souscription :   

11 905 000 bons de souscription permettant de souscrire à


11 905 000 actions ordinaires



Prix d'exercice des bons :

0,13 $ Jusqu'au 9 août 2017



Numéro de souscripteurs :  

14 souscripteurs



 

Participation des initiés et du Groupe Pro :

Nom

Initié = Y /

Groupe Pro = P

Nombre d'actionss

Décochib Inc. (Renaud Hinse)

Y

6 000 000

SARL MF (François Mestrallet)

Y

8 000 000





Intermédiaire :    

Redplug capital Corp.



Honoraires d'intermédiation :

382 200 bons de souscription non-transférables permettant de souscrire 382 200 unités au prix d'exercice de 0,10$ par unité pendant une période de 12 mois. Chaque unité inclus une action et un demi-bon de souscription, chaque bon entier permettant de souscrire une action au prix de 0,13 $ pendant 12 mois suivant la clôture.



La société a confirmé la clôture du placement privé mentionné ci-dessus par l'émission d'un communiqué de presse daté 9 août 2016.

_______________________________________________

 

ASHANTI GOLD CORP ("AGZ")
[formerly Gulf Shores Resources Ltd. ("GUL")]
BULLETIN TYPE:  Name Change
BULLETIN DATE:  August 12, 2016
TSX Venture Tier 2 Company

Pursuant to a resolution passed by the directors on August 2, 2016, the Company has changed its name as follows.  There is no consolidation of capital.

Effective at the opening Monday, August 15, 2016, the common shares of Ashanti Gold Corp. will commence trading on TSX Venture Exchange, and the common shares of Gulf Shores Resources Ltd. will be delisted.  The Company is classified as a 'Oil and Gas Exploration and Production' company.

Capitalization:    

unlimited  shares with no par value of which



17,299,516  shares are issued and outstanding


Escrow:    

nil  shares subject to escrow





Transfer Agent:  

Computershare Trust Company of Canada


Trading Symbol:   

AGZ   

(new)

CUSIP Number:    

04375E108

(new)




________________________________________

 

AURORA SOLAR TECHNOLOGIES INC. ("ACU")
BULLETIN TYPE:  Private Placement-Non-Brokered, Correction
BULLETIN DATE:  August 12, 2016
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange bulletin dated July 13, 2016 with respect to the private placement of 5,175,167 units at $0.15 per unit, the finder's fee payable to Mackie Research Capital Corporation should have been for $19,162.50 and 127,750 Broker Warrants, not 127,570 Broker Warrants that are exercisable into common shares at $0.25 per share for a two year period.

________________________________________

 

AVINO SILVER & GOLD MINES LTD. ("ASM")
BULLETIN TYPE: Property-Asset or Share Acquisition Agreement
BULLETIN DATE: August 12, 2016
TSX Venture Tier 1 Company

The TSX Venture Exchange Inc. (the "Exchange") has accepted documentation in connection with a letter purchase agreement dated July 8, 2016 (the "Agreement") between Bralorne Gold Mines Ltd. ("Bralorne"), a wholly-owned subsidiary of Avino Silver & Gold Mines Ltd. ("Avino"), and Great Thunder Gold Corp. ("Great Thunder") under which Great Thunder has agreed to sell its 100% interest in the BRX Property to Bralorne in exchange for a cash payment in the amount of $65,000 and 10,000 common shares of Avino, both due on closing.  Great Thunder will retain 1% net smelter returns royalty ("NSR") until it has been paid a maximum $250,000 under the NSR.

For further information see Great Thunder's news release dated July 19, 2016 which is available under its profile on SEDAR.

Insider / Pro Group Participation:  David Wolfin is a director of Avino and Great Thunder.

________________________________________

 

CIRCA ENTERPRISES INC. ("CTO")
BULLETIN TYPE:  Declaration of Dividend
BULLETIN DATE:  August 12, 2016
TSX Venture Tier 2 Company

The Issuer has declared the following dividend(s):

Dividend per share: 

$0.05

Payable Date:  

September 8, 2016

Record Date:   

August 31, 2016

Ex-Dividend Date:    

August 29, 2016



                                           ________________________________________

 

CROWN POINT ENERGY INC ("CWV") ("CWV.RT")
BULLETIN TYPE:  Rights Offering-Shares
BULLETIN DATE:  August 12, 2016
TSX Venture Tier 2 Company

The Company has announced it will offer to Shareholders of record on August 19, 2016, Rights to purchase shares of the Company.  One (1) Right will be issued for each share held. Every one (1) Right and $0.05 is required to purchase one common share ("Share").  The expiry date for the Rights Offering is September 23, 2016.  As at August 12, 2016, the Company had 164,515,222 shares issued and outstanding.

Effective at the opening, Wednesday August 17, 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 an 'Oil & Gas Exploration/Development' company.

Summary:

 

Basis of Offering:

One (1) Right exercisable for One (1) Share at $0.05 per Share.



Record Date:

August 19, 2016

Shares Trade Ex-Rights:  

August 17, 2016

Rights Called for Trading:  

August 17, 2016

Rights Trade for Cash:  

September 20, 2016 2016 at 12:00 pm EST (noon)

Rights Expire:   

September 23, 2016 at 5:00 pm EST



TRADE DATES

 

September 20, 2016 - TO SETTLE – September 21, 2016
September 21, 2016 - TO SETTLE - September 22, 2016
September 22, 2016  - TO SETTLE - September 22, 2016
September 23, 2016 - TO SETTLE - September 23, 2016

Rights Trading Symbol: 

CWV.RT

Rights CUSIP Number:  

228462115



Subscription Agent and Trustee:  

Computershare Investor Services Inc.

Authorized Jurisdiction(s):   

Alberta



For further details, please refer to the Company's Rights Offering Circular dated August 12, 2016.

________________________________________

 

ENERDYNAMIC HYBRID TECHNOLOGIES CORP. ("EHT")
BULLETIN TYPE:  Halt
BULLETIN DATE:  August 12, 2016
TSX Venture Tier 1 Company

Effective at 11:36 a.m. PST, August 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.

________________________________________

 

ENERDYNAMIC HYBRID TECHNOLOGIES CORP. ("EHT")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  August 12, 2016
TSX Venture Tier 1 Company

Effective at 7:30 a.m. PST, August 12, 2016, shares of the Company resumed trading, an announcement having been made.

________________________________________

 

FALCON GOLD CORP. ("FG")
BULLETIN TYPE:  Consolidation
BULLETIN DATE:  August 12, 2016
TSX Venture Tier 2 Company

Pursuant to a special resolution passed by the directors on January 14, 2016, the Company has consolidated its capital on a 5 old for 1 new basis.  The name of the Company has not been changed.

Effective at the opening Monday, August 15, 2016, the common shares of Falcon Gold Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Exploration/Development' company.

 

Post - Consolidation

Capitalization:

unlimited  


shares with no par value of which


8,437,099


shares are issued and outstanding

Escrow

nil  


shares are subject to escrow





 

Transfer Agent:                        

TSX Trust Company


Trading Symbol:

FG   

(UNCHANGED)

CUSIP Number:   

306044207

(new)




________________________________________

 

FIRST MINING FINANCE CORP. ("FF")
BULLETIN TYPE:  Private Placement-Non-Brokered; Correction
BULLETIN DATE:  August 12, 2016
TSX Venture Tier 1 Company

Further to TSX Venture Exchange Bulletin dated August 11, 2016, the Company advises that the following information is corrected:

Number of Placees:  331 Placees

All other details remain unchanged.

________________________________________

 

FRONT RANGE RESOURCES LTD. ("FRK")
BULLETIN TYPE: Property-Asset or Share Acquisition Agreement
BULLETIN DATE: August 12, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange (the "Exchange") has accepted for filing an amalgamation agreement dated June 3, 2016 (the "Amalgamation Agreement") among Stonehaven Exploration Ltd. ("Stonehaven") (now named Front Range Resources Ltd.), Deventa Energy Inc. ("Deventa"), a private corporation incorporated pursuant to the laws of Alberta, and 1973747 Alberta Ltd. ("Stonehaven Subco"), a wholly-owned subsidiary of Stonehaven established to effect a "three-cornered" amalgamation.  Pursuant to the Amalgamation Agreement, Deventa and Stonehaven Subco amalgamated, with holders of Deventa each receiving 0.8261 of a common share of Stonehaven for each common share of Deventa held.

Deventa currently holds 128 net sections (81,920 acres) of Crown Montney petroleum and natural gas ("P&NG") rights with terms to at least January 1, 2018 in three areas in Alberta; Pepper, Harley and Wapiti. At Pepper, Deventa holds a 100% operated working interest in 24 sections of Montney P&NG rights. At Harley, Deventa holds a 100% operated working interest in 96 sections of Montney P&NG rights. Deventa also holds a non-operated 25% working interests in 32 (8 net) sections of Montney P&NG rights at Wapiti.

The Exchange has been advised that approval of the shareholders of Stonehaven was received at an annual and special meeting of shareholders held on July 29, 2016 and that the amalgamation closed on July 29, 2016.

Insider / Pro Group Participation:  Certain former directors of Stonehaven were issued 1,460,619 common shares of Stonehaven in exchange for their shares held in Deventa prior to the amalgamation.

For further information, please see Stonehaven's news release dated June 6, 2016 which is available under Front Range Resources Ltd.'s profile on SEDAR.

________________________________________

GOLDSTAR MINERALS INC. ("GDM.RT")
BULLETIN TYPE:  Rights Expiry-Delist
BULLETIN DATE:  August 12, 2016
TSX Venture Tier 2 Company

Effective at the opening, August 12, 2016, the Rights of the Company will trade for cash.  The Rights expire August 17, 2016 and will therefore be delisted at the close of business.

TRADE DATES

August 12, 2016 - TO SETTLE – August 15, 2016
August 15, 2016 - TO SETTLE – August 16, 2016
August 16, 2016 - TO SETTLE – August 17, 2016
August 17, 2016 - TO SETTLE – August 17, 2016

The above is in compliance with Trading Rule C.2.18 – Expiry Date:
Trading in the rights shall be for cash for the three trading days preceding the expiry date and also on expiry date. On the expiry date, trading shall cease at 12 o'clock noon E.T. and no transactions shall take place thereafter except with permission of the Exchange.

________________________________________

 

GREENSPACE BRANDS INC. ("JTR")
BULLETIN TYPE:  Halt
BULLETIN DATE:  August 12, 2016
TSX Venture Tier 1 Company

Effective at 12:27 p.m. PST, August 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.

________________________________________

 

GREENSPACE BRANDS INC. ("JTR")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  August 12, 2016
TSX Venture Tier 1 Company

Effective at 5:00 a.m. PST, August 12, 2016, shares of the Company resumed trading, an announcement having been made.

________________________________________

 

HANDA COPPER CORPORATION ("HEC")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE: August 12, 2016 
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 130,000 shares to settle outstanding debt for $6,500.

Number of Creditors: 1 Creditor

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

________________________________________

IVRNET INC. ("IVI")
BULLETIN TYPE:  Bonus Warrants for Loan
BULLETIN DATE:  August 12, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to enter into a loan agreement (the "Agreement") with R.C. Morris & Company Special Opportunities Fund III Limited Partnership (the "Lender").

As per the terms of the agreement, the loan will be made available to the Company by way of an initial lump sum advance in the principal amount of not less than $1,100,000 to be made available on the closing date and evidenced by a promissory note, and subsequent lump sum advances, each in the principal amount of not less than $250,000, as set out in the drawdown notice delivered to the lender by the borrower. The loan will have a 48 month maturity date (the "Maturity Date") and bear and interest rate of 17% a year compounded monthly in arrears from the date of each Advance until and including the Maturity Date. Further, should the loan not be repaid by the Maturity Date, the interest rate will become 24% until the loan and all interest have been repaid.

As additional consideration for the loan, the Company shall issue on the closing date, and each subsequent advance date to the lender, Warrants to purchase such number of shares equal to 7% of the principal amount of each Advance divided by the market price on such date, for an exercise price per share equal to the Market price on such date.

A finder's fee of $55,000 was paid to Omega Corporate Finance.

For any further questions, see the company's press release dated August 3, 2016.

________________________________________

 

MEGA COPPER CORP. ("MCU")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  August 12, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing an option agreement dated June 30, 2016 (the 'Agreement') between the Company and Glengarry Developments Inc. (Rick Pesto) (the 'Optionor'). Pursuant to the terms of the Agreement, the Company may acquire a 100% interest in the Quesnel Lake East Project in British Columbia (the 'Property'). By way of consideration, the Company will make cash payments totalling $50,000 and will issue 2,000,000 shares in stages. The Company must also complete $150,000 of work expenditures on the Property within two years.

Please refer to the Company's news releases dated June 7, 2016 and July 11, 2016 for further details.

________________________________________

 

MONARQUES GOLD CORPORATION ("MQR")
BULLETIN TYPE: Private Placement- Brokered
BULLETIN DATE: August 12, 2016
TSX Venture Tier 2 Company

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

Number of Shares:  

4,083,333 flow-through common shares



Purchase Price:  

$0.51 per flow-through common share



Warrants:  

4,083,333 warrants to purchase 4,083,333 common shares.



Warrants Exercise Price: 

$0.51 per common share for 36 months following the closing of the Private Placement



Number of Placees:  

15 Placees



Insider / Pro Group Participation:

Nil



Agent:   

PearTree Securities Inc.



Agent's Fee: 

No commission is payable by the Company to the agent.



The Company confirmed the closing of the Private Placement pursuant to news releases dated July 7, 2016.

 

CORPORATION AURIFERE MONARQUES (« MQR »)
TYPE DE BULLETIN: Placement privé avec l'entremise d'un courtier
DATE DU BULLETIN: Le 12 août 2016
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé avec l'entremise d'un courtier:

 

Nombre d'actions : 

4 083 333 actions ordinaires accréditives



Prix :

0,51 $ par action ordinaire accréditive



Bons de souscription : 

4 083 333 bons permettant d'acquérir 4 083 333 actions ordinaires.



Prix d'exercice des bons : 

0,51 $ par action durant une période de 36 mois suivant la clôture du placement privé



Nombre de souscripteurs : 

15 souscripteurs



Agent :  

PearTree Securities Inc.



Honoraire de l'agent :  

Aucune commission n'est payable par la société à l'agent.



La société a confirmé la clôture de ce placement dans des communiqués de presse datés du 7 juillet 2016.

__________________________________________

 

POYDRAS GAMING FINANCE CORP. ("PYD") ("PYD.DB.U")
BULLETIN TYPE:  Halt
BULLETIN DATE:  August 12, 2016
TSX Venture Tier 2 Company

Effective at 4:58 a.m. PST, August 12, 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.

________________________________________

 

POYDRAS GAMING FINANCE CORP. ("PYD") ("PYD.DB.U")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  August 12, 2016
TSX Venture Tier 2 Company

Effective at 6:15 a.m. PST, August 12, 2016, shares of the Company resumed trading, an announcement having been made.

________________________________________

 

PYROGENESIS CANADA INC. ("PYR")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  August 12, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,060,126 common shares at a deemed issue price of $0.20 per share to settle outstanding debt amounting to $412,025.43.

 

Number of Creditors:    3 creditors

 

Insider / Pro Group Participation:

 

Name

Insider=Y /

Pro Group=P

Amount

Owing

Deemed Issue

 Price per Share

Number of

 Shares

Aeson Leeds Inc. (Angelos Vlasopoulos)

Y

$82,376.99

$0.20

411,884






For further details, please refer to the Company's press releases dated July 26, 2016 and June 16, 2016.

PYROGENESIS CANADA INC. (« PYR »)
TYPE DE BULLETIN : Émission d'actions en règlement d'une dette
DATE DU BULLETIN : Le 12 août 2016
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt de la documentation de la société en vertu de l'émission proposée de 2 060 126 actions ordinaires au prix réputé de 0,20 $ l'action en règlement de dettes totalisant 412 025,43 $.

 

Nombre de créanciers :  3 créanciers

Participation Initié / Groupe Pro :

 

 

Créancier

Initié = Y /

Groupe Pro = P

Montant

 Dû

Prix par

action

Nombre

d'actions


Aeson Leeds Inc. (Angelos Vlasopoulos)

Y

82 376,99 $

0,20 $

411 884











Pour plus d'information, veuillez consulter les communiqués de presse de la société datés du 26 juillet 2016 et 16 juin 2016.

_____________________________________

 

REGULUS RESOURCES INC. ("REG")
BULLETIN TYPE:  Private Placement-Brokered
BULLETIN DATE:  August 12, 2016
TSX Venture Tier 2 Company

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

Number of Securities:  

11,962,500 common share units ("Units")


Each Unit consists of one common share and one-half of one common share purchase warrant



Purchase Price:  

$1.20 per Unit



Warrants:  

5,981,235 share purchase warrants to purchase 5,981,235 shares



Warrant Exercise Price: 

$1.60 for up to 42 months from date of issuance



Number of Placees:  

140 Placees



 

Insider / Pro Group Participation:

 


Insider=Y /


Name   

ProGroup=P   

# of Units

John Black   

Y   

208,000

Mark Wayne   

Y  

214,100

Kevin Heather                                                   

Y   

208,000

Route One Investment Company L.P.   

2,083,000

Aggregate Pro Group Involvement 

160,000

  [2 Placee(s)]






 

Agent's Fee: 

$325,386 cash payable to Haywood Securities Inc.


$34,740 cash payable to Sprott Global Resource Investments Ltd.


$290,646 cash payable to PI Financial Corp.



________________________________________

 

SECOVA METALS CORP. ("SEK")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  August 12, 2016
TSX Venture Tier 2 Company

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

 

Number of Shares:       

4,178,818 flow through shares


1,800,000 non-flow through shares



Purchase Price:       

$0.055 per flow through share


$0.05 per non-flow through share



Warrants:   

1,800,000 share purchase warrants attached to non-flow through shares to purchase 900,000 shares



Warrant Exercise Price:

$0.10 for a one year period2



Number of Placees:  

25 Placees



Finder's Fee: 

EMD Financial Inc. receives $13,547 and 246,305 non-transferable warrants, each exercisable at $0.055 for a one year period.


Jean-David Moore receives 64,000 warrants exercisable at $0.055 for a one year period, and 8,000 warrants exercisable at $0.05 for a one year period.



 

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period on August 2, 2016. [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.]

________________________________________

 

SKYHARBOUR RESOURCES LTD. ("SYH")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  August 12, 2016
TSX Venture Tier 2 Company

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

 

Number of Shares:  

16,457,700 shares

Purchase Price: 

$0.15 per share

Warrants:  

16,457,700 share purchase warrants to purchase 16,457,700 shares

Warrant Initial Exercise Price: 

$0.27

Warrant Term to Expiry: 

5 Years

Number of Placees: 

115 Placees



Insider / Pro Group Participation:


Insider=Y /



Name    

Pro-Group=P 

 # of Shares           


Jordan Trimble 

Y    

250,000


Richard  Kusmirski  

Y  

250,000


Aggregate Pro-Group Involvement [3 Placees]   

P   

368,000






Finder's Fee:

WAT Capital Corp.                    

$15,907.50 cash; 106,050 shares; 106,050 warrants

Global Market Deveopment LLC

$66,360.00 cash; 442,400 shares; 442,400 warrants

PI Financial Corp.                     

$4,007.85 cash; 26,719 shares; 26,719 warrants 



Finder Warrant Initial Exercise Price:                  

$0.27

Finder Warrant Term to Expiry: 

Exercisable for two years.



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.

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.

________________________________________

 

SMART EMPLOYEE BENEFITS INC. ("SEB")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  August 12, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 29, 2016:

 

Convertible Debenture 

CDN$1,331,667 principle amount of convertible notes



Conversion Price 

Convertible into common shares at CDN$0.30 of principal amount per share until maturity



Maturity Date 

December 31, 2016



Interest Rate 

12% per annum



Number of Placees: 

20 Placees



Insider / Pro Group Participation:


Insider=Y /


Name

ProGroup=P  

Amount           

Aggregate ProGroup Involvement 

P   

$265,000

[3 Placees]






 

For further details, please refer to the Company's news release dated July 29, 2016.

________________________________________

 

SMART EMPLOYEE BENEFITS INC. ("SEB")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  August 12, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 29, 2016:

Convertible Debenture 

CDN$1,000,000 principle amount of convertible notes



Conversion Price 

Convertible into common shares at CDN$0.30 of principal amount per share until maturity



Maturity Date 

December 31, 2016



Interest Rate

12% per annum



Number of Placees:   

1 Placee



Insider / Pro Group Participation:

                                                                        Insider=Y /

Name                                                               ProGroup=P                                        Amount           

Ronald Barbaro and Ginette Barbaro                           Y                                             $1,000,000

 

For further details, please refer to the Company's news release dated July 29, 2016.

________________________________________

 

SMART EMPLOYEE BENEFITS INC. ("SEB")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  August 12, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 29, 2016:

Convertible Notes: 

CDN$690,000 principal amount of convertible notes



Conversion Price: 

Convertible into common shares at CDN$0.30 principal amount per share until maturity



Maturity date: 

December 31, 2016



Interest rate: 

12% per annum



Number of Placees:

4 Placees



Insider / Pro Group Participation:

 


Insider=Y /


Name   

ProGroup=P /  

Principal Amount




Madison Partners Corporation  

Y   

$415,000

(John McKimm)






Latiq Qureshi  

Y        

$89,000




Aggregate Pro-Group Involvement   

 P

$85,000

  [1 Placee]






For further details, please refer to the Company's news release dated July 29, 2016.

                                        ________________________________________

 

WEST MELVILLE METALS INC. ("WMM")
BULLETIN TYPE:  Halt
BULLETIN DATE:  August 12, 2016
TSX Venture Tier 2 Company

Effective at 4:57 a.m. PST, August 12, 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.

________________________________________

XIMEN MINING CORP. ("XIM")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  August 12, 2016
TSX Venture Tier 2 Company

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

Number of Shares:   

4,400,000 shares



Purchase Price:   

$0.075 per share



Warrants:   

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



Warrant Exercise Price: 

$0.10 for a five year period



Number of Placees:   

13 Placees



 

Insider / Pro Group Participation:


Insider=Y /


Name               

ProGroup=P    

# of Shares

Mine Capital Corp. (Shervin Teymouri) 

Y    

350,000

Chris Anderson  

Y             

500,000

Lorne Mann   

Y

350,000




________________________________________

 

XYLITOL CANADA INC. ("XYL")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  August 12, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 10, 2016:

Convertible Debenture:  

CDN$410,000 principal amount



Conversion Price:  

Convertible into common shares at CDN$0.10 of principal amount outstanding per share until maturity.



Warrants:   

820,000 common share purchase warrants.  Each warrant is exercisable into one common share at $0.15 for a three year period.



Maturity date:     

Three years from issuance



Interest rate: 

10% per annum



Number of Placees:  

2 Placees



Finder's Fee:   

Canaccord Genuity Corp. was paid a cash commission of $24,600 and issued 246,000 non-transferable finders' warrants.  Each finder's warrant entitles the holder to acquire one common share at $0.15 for a two year period.



For further details, please refer to the Company's news release dated June 10, 2016.

                                          ______________________________________

 

XYLITOL CANADA INC. ("XYL")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture, Amendment
BULLETIN DATE:  August 12, 2016
TSX Venture Tier 2 Company

Further to Exchange bulletin dated May 9, 2016, TSX Venture Exchange has accepted for filing an amendment to the conversion price of the following convertible debenture:

 

Convertible Debenture    

$960,000 principal amount



Conversion Price:        

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



Amended Conversion Price:    

Convertible into common shares at $0.10 of principle per share until maturity subject to adjustment with a floor of $0.05 per share in the first year



Maturity Date:  

four years from issuance



Interest Rate:       

greater of (i) an annual interest of 15% 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:


Insider=Y /


Name   

ProGroup=P    

Amount           

Dundee Agricultural Corporation 

Y     

$250,000

Fountain Asset Corp.  

Y   

$710,000




The convertible debentures were issued pursuant to a private placement which was originally accepted for filing by the Exchange effective May 9, 2016.

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

Conversion

_______________________________________

 

NEX COMPANIES


ALDERSHOT RESOURCES LTD. ("ALZ.H")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  August 12, 2016
NEX Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,860,000 shares at $0.05 per share settle outstanding debt for $143,000.00.

 

Number of Creditors:  1 Creditor

Insider / Pro Group Participation:

 


Insider=Y /   

Amount

Deemed Price


Creditor        

Progroup=P 

Owing 

per Share  

# of Shares






Nordelph Holdings Ltd.





 (Jeremy Caddy)

$143,000

$0.05

2,860,000






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

________________________________________

 

MARGAUX RED CAPITAL INC. ("MXC.H")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  August 12, 2016
NEX Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 10, 2016:

Number of Shares: 

1,000,000 shares



Purchase Price: 

$0.06 per share



Number of Placees:  

7 Placees



Insider / Pro Group Participation:


Insider=Y /


Name  

ProGroup=P 

# of Shares

Steve Bajic                                     

Y

200,000

Aggregate Pro Group Involvement  

P  

275,000

  [2 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.

________________________________________

 

SOURCE TSX Venture Exchange

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


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