TSX Venture Exchange Daily Bulletins

VANCOUVER, Sept. 2, 2016 /CNW/ -

TSX VENTURE COMPANIES

BULLETIN TYPE:  Cease Trade Order
BULLETIN DATE:  September 2, 2016
TSX Venture Company

A  Cease Trade Order has been issued by the British Columbia Securities Commission on September 2, 2016 against the following company for failing to file the documents indicated within the required time period:

Symbol     

Tier        

Company

Failure to File

Period





Ending





(Y/M/D)

TZM            

2

Tanzania Minerals Corp.       

annual audited financial statements

2016/02/29









interim financial report

 2016/05/31









certification of annual and interim filings and





management's discussion and analysis

2016/02/29
and 2016/05/31

 

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.

________________________________________

ARGENTUM SILVER CORP. ("ASL")
BULLETIN TYPE:  Private Placement-Non-Brokered 
BULLETIN DATE:  September 2, 2016  
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 1, 2016:

Number of Shares:                   

15,000,000 shares



Purchase Price:                        

$0.07 per share



Warrants:                                 

15,000,000 share purchase warrants to purchase 15,000,000 shares



Warrant Exercise Price:             

$0.11 for a three year period



Number of Placees:                  

1 Placee

 

Insider / Pro Group Participation:


Insider=Y /


Name                                                              

ProGroup=P                                 

# of Shares

Sprott Mining Inc. (Eric Sprott)                  

Y                                                   

15,000,000



Finder's Fee:                     

Foster & Associates – 1,050,000 warrants that are exercisable into common shares at $0.07 per share for a three year period.




Ariston Capital Corp. (Peter Ball) - $73,500.00

 

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(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.

________________________________________

AURYN RESOURCES INC. ("AUG")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  September 2, 2016 
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 437,675 shares at $2.30 per share to settle outstanding debt for $1,006,655.22.

Number of Creditors:                 12 Creditors

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

________________________________________

BEWHERE HOLDINGS INC. ("BEW")
BULLETIN TYPE:  Shares for Debt 
BULLETIN DATE:  September 2, 2016 
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 533,334 shares at $0.15 per share to settle outstanding debt for $80,000.

Number of Creditors:                 3 Creditors

Insider / Pro Group Participation:


Insider=Y /        

Amount     

Deemed Price


Creditor                             

Progroup=P            

Owing             

per Share           

# of Shares






Robert Allen                                

Y

$20,000

$0.15

133,334

Owen Moore                               

$30,000

$0.15

200,000

Chris Panczuk                             

$30,000

$0.015

200,000

 

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

________________________________________

BROOKFIELD INVESTMENTS CORPORATION ("BRN.PR.A") 
BULLETIN TYPE:  Declaration of Dividend
BULLETIN DATE:  September 2, 2016
TSX Venture Tier 1 Company

The Issuer has declared the following dividend(s):

Dividend per Class 1 Senior Preferred Share:      

$0.29375

Payable Date:                      

September 30, 2016

Record Date:                     

September 20, 2016

Ex-Dividend Date:            

September 16, 2016

 ________________________________________

DIAMCOR MINING INC. ("DMI") 
BULLETIN TYPE:  Private Placement-Brokered 
BULLETIN DATE:  September 2, 2016  
TSX Venture Tier 2 Company

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

Number of Shares:                   

5,291,545 shares



Purchase Price:                        

$1.10 per share



Warrants:                                 

2,645,772 share purchase warrants to purchase 2,645,772 shares



Warrant Exercise Price:             

$1.60 for a three year period



Number of Placees:                  

14 Placees

 

Insider / Pro Group Participation:


Insider=Y /


Name                                                              

ProGroup=P                                  

# of Shares

Aggregate Pro Group Involvement                    

P                                                           

34,090

  [3 Placees]  



 

Agent's Fee:                      

Echelon Wealth Partners Inc. $326,999.97 cash and 297,273 warrants commission.


Leede Jones Gable $10,230 cash and 9,300 warrants commission.


-Each warrant is exercisable into one common share at $1.60 for three years from closing.

 

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.]

________________________________________

EQUITORIAL EXPLORATION CORP. ("EXX") 
BULLETIN TYPE:  Halt 
BULLETIN DATE:  September 2, 2016 
TSX Venture Tier 2 Company

Effective at 6:43 a.m. PST, September 2, 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.

________________________________________

FALCON GOLD CORP. ("FG") 
BULLETIN TYPE:  Private Placement-Non-Brokered, Amendment 
BULLETIN DATE:  September 2, 2016 
TSX Venture Tier 2 Company

Further to the bulletin dated September 1, 2016 with respect to the private placement of 11,589,090 units at $0.055 per unit, TSX Venture Exchange has advised of the following amendments to the finder's fees payable:

Mackie Research Capital Corporation - $6,225.00 and 113,182 warrants, not 75,000 warrants

Nancy Massicotte - $495.00, not $795.00

________________________________________

KINCORA COPPER LIMITED ("KCC") 
BULLETIN TYPE:  Shares for Debt 
BULLETIN DATE:  September 2, 2016 
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 577,500 shares at $0.30 per share to settle outstanding debt for $173,250.00.

Number of Creditors:                 7 Creditors

Insider / Pro Group Participation:


Insider=Y /     

Amount    

Deemed Price


Creditor    

Progroup=P     

Owing       

per Share     

# of Shares






Luke Leslie                                

Y

$17,500

$0.30

58,333

Eric Zurrin                                  

Y

$17,500

$0.30

58,333

Duchintav Khojgor                     

Y

$17,500

$0.30

58,333

Sam Spring                               

Y

$12,500

$0.30

41,667

0890454 BC Ltd.





 (Anthony Jackson)                     

Y

$11,750

$0.30

39,167

 

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

________________________________________

MILLROCK RESOURCES INC. ("MRO")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement 
BULLETIN DATE:  September 2, 2016 
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing an Agreement of Purchase and Sale of Real Property dated August 30, 2016 between Millrock Resources Inc. (the Company) and Geofine Exploration Consultants Ltd. and J. Calder Resources Inc. (the Vendors) whereby the Company may acquire a 100% interest in 6 real estate properties located in Stewart, BC.  Consideration is $300,000 cash and 50,000 common shares.

________________________________________

MINNOVA CORP. ("MCI") 
BULLETIN TYPE:  Shares for Debt 
BULLETIN DATE:  September 2, 2016 
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 4,160,714 common shares to settle outstanding debt for CDN$1,500,000.

Number of Creditors:                 7 Creditors                                         

Insider / Pro Group Participation:


Insider=Y / 

Amount   

Deemed Price


Creditor     

Progroup=P  

Owing 

per Share              

# of Shares






2349809 Ontario Corp.                 

Y

$269,913

$0.40

674,784

(Gordon Glenn)










Brian Robertson                          

Y

$25,974

$0.40

64,935

Chris Irwin                                   

Y

$25,974

$0.40

64,935

James White                               

Y

$28,139

$0.40

70,346

 

For further details, please refer to the Company's news release dated April 21, 2016.

________________________________________

Mission Ready Services Inc. ("MRS") 
BULLETIN TYPE:  Remain Halted 
BULLETIN DATE:  September 2, 2016 
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated August 30, 2016, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Fundamental Acquisition pursuant to Listings Policy 5.6(d) of Exchange Policy 5.3.

This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange, pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.

________________________________________

PLATE RESOURCES INC. ("PLR") 
BULLETIN TYPE:  Halt 
BULLETIN DATE:  September 2, 2016 
TSX Venture Tier 2 Company

Effective at 6:00 a.m. PST, September 2, 2016, trading in the shares of the Company was halted, pending company contact. 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.

________________________________________

PLATE RESOURCES INC. ("PLR") 
BULLETIN TYPE: Remain Halted  
BULLETIN DATE: September 2, 2016 
TSX Venture Tier 2 Company

Further to TSX Venture Exchange bulletin dated September 2, 2016, trading in the shares of the Company will remain halted.  The Company has failed to have a minimum of three directors as required by Exchange Policy 3.1.

________________________________________

PRISM MEDICAL LTD. ("PM") 
BULLETIN TYPE:  Delist, Plan of Arrangement 
BULLETIN DATE:  September 2, 2016 
TSX Venture Tier 1 Company

Effective at the close of business on Friday, September 2, 2016, the common shares of Prism Medical Ltd. ("Prism") will be delisted from TSX Venture Exchange.  The delisting of Prism shares results from the completion of a plan of arrangement pursuant to an Arrangement Agreement between Prism, Handicare Group AB and Handicare Holdings Ltd. (the "Purchaser"), dated June 27, 2016, as amended on August 4, 2016 whereby the Purchaser has acquired all of the issued and outstanding common shares of Prism by way of a court-approved arrangement under the Business Corporations Act (Ontario) (the "Arrangement").

Under terms of the Arrangement, Prism shareholders will receive CDN$14.00 for each Prism common share held. 

For further details, please refer to Prism's Information Circular dated July 22, 2016 and Circular Supplement dated August 12, 2016 and news releases dated June 27, 2016, July 21, 2016, August 4, 2016, August 26, 2016, August 29, 2016 and August 31, 2016.

________________________________________

ROYALTY NORTH PARTNERS LTD. ("RNP") 
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement, Private Placement - Non-Brokered 
BULLETIN DATE:  September 2, 2016 
TSX Venture Tier 2 Company

TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with a loan and royalty agreement dated August 10, 2016 between Royalty North and CWS under which Royalty North will loan US$5,500,000 to CWS (the "Loan") and as consideration for the Loan CWS will grant Royalty North a royalty calculated on gross sales of CWS. The initial royalty rate will be 5.5% of gross sales until the Loan has been repaid at which point a reduced royalty rate will be payable thereafter. CWS has guaranteed that the Royalty will return a minimum of US$770,000 per year for the first two years.

Insider / Pro Group Participation:  Nil

For additional information please refer to Royalty North's news release dated August 11, 2016.

Private Placement – Non-Brokered

The Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on August 11, 2016 and August 30, 2016:

Number of Shares:                   

63,576,745 shares



Purchase Price:                        

$0.15 per share



Warrants:                                

31,788,372 share purchase warrants to purchase 31,788,372 shares



Warrant Exercise Price:            

$0.25 for a five year period



Number of Placees:                  

129 Placees

 

Insider / Pro Group Participation:


Insider=Y /


Name                  

ProGroup=P /       

# of Shares




Glen Leader                                      

P                                                              

170,000

Steven Krause                                   

Y                                                              

300,000

Schellenberg Family Trust No. 1         

Y                                                         

2,666,666

Nolan Watson                                   

Y                                                            

2,670,000

HB Strategies Inc. (Clark Hollands)     

Y                                                          

3,333,334

Bernie de Groot                                 

P                                                            

1,680,000

Jiyhun Ahn                                        

P                                                            

100,000

Justin Lee                                         

P                                                            

100,000

Chris Buss                                        

Y                                                             

300,000

Robert Watson                                  

P                                                            

67,500

Elinor J. Vanderzwaag                       

P                                                            

30,000

John Bereznicki                                 

P                                                            

65,000

Rahim Somani                                   

P                                                            

70,000

Patrick Onyekweli                              

P                                                            

65,000

________________________________________

SENSIO TECHNOLOGIES INC. ("SIO") 
BULLETIN TYPE:  Delist 
BULLETIN DATE:  September 2, 2016 
TSX Venture Tier 2 Company

Further to the Company's press release dated April 18, 2016, announcing the Company's deemed assignment in bankruptcy, effective at the close of business Friday, September 2, 2016, the shares of the Company will be delisted from TSX Venture Exchange as a result of the Company's failure to maintain Exchange Requirements.

________________________________________

STRATTON RESOURCES INC. ("SI") 
BULLETIN TYPE:  Private Placement-Non-Brokered 
BULLETIN DATE:  September 2, 2016 
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 12, 2016:

Number of Shares:      

20,000,000 shares



Purchase Price:      

$0.35 per share



Number of Placees:      

41 Placees

 

Insider / Pro Group Participation:


Insider=Y /


Name         

ProGroup=P       

# of Shares

Shawn Wallace                                                 

Y                                                         

515,000

Ivan Bebek                                                       

Y                                                       

1,040,000

SM Cook Legal Services Law Corporation (Steve Cook) 

Y                                             

650,000

Peter Rees                                                       

Y                                                         

340,072

Aggregate Pro Group Involvement                    

P                                                       

4,501,000

  [4 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(s). The Company must also issue a news release if the private placement does not close promptly.

________________________________________

TRANSEASTERN POWER TRUST ("TEP.UN") 
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement 
BULLETIN DATE:  September 2, 2016 
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation relating to a share purchase agreement (the "Agreement") signed July 30, 2016, as amended September 1, 2016, between a non-arm's length entity, RG Renovatio Group Limited, and Aurel Florin Arion (collectively, the "Sellers") and two wholly owned subsidiaries of Transeastern Power Trust (the "Trust").  Pursuant to the Agreement, the Trust shall acquire all of the issued and outstanding shares of Holrom Renewable Energy SA.

As consideration, the Trust will pay an aggregate of EUR14,080,797 to the Sellers, payable by the issuance of:

-      14,790,136 trust units;
-      $2,071,000 principal amount of 7.5% convertible debentures, convertible into trust units at a conversion price of $1.25, maturing May 29, 2019;
-      EUR5,188,023 vendor take-back loan, five years with an initial interest rate of 5%; and
-      EUR1,500,000 in cash.

For more information, refer to the Trust's news release dated September 2, 2016.

________________________________________

TRUE NORTH GEMS INC. ("TGX") 
BULLETIN TYPE:  Halt 
BULLETIN DATE:  September 2, 2016 
TSX Venture Tier 2 Company

Effective at 4:52 a.m. PST, September 2, 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.

________________________________________

SOURCE TSX Venture Exchange

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


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