TSX Venture Exchange Daily Bulletins

VANCOUVER, Nov. 11, 2016 /CNW/ -

TSX VENTURES COMPANIES

ALSET ENERGY CORP. ("ION")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE: November 11, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,178,680 shares at a deemed price of $0.13 per share to settle outstanding debt for $153,228.52.

Number of Creditors:       

          1 Creditor

 

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

________________________________________

BLUE RIVER RESOURCES LTD. ("BXR")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  November 11, 2016
TSX Venture Tier 2 Company

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

Number of Shares:       

25,000,000 shares



Purchase Price:           

$0.05 per share



Warrants:                     

12,500,000 share purchase warrants to purchase 12,500,000 shares



Warrant Exercise Price: 

$0.09 for a two year period



Number of Placees:        

54 Placees

Insider / Pro Group Participation:






Name

Insider=Y /                 



ProGroup=P

# of Shares




Nahatlatch Capital Inc. (Griffin Jones)

Y

4,080,000

Aggregate Pro Group Involvement

P

450,000

[2 Placees]




Finder's Fee:

$35,000 payable to Mackie Research Capital Corporation, with 875,000 warrants exercisable at $0.09 for two years

 

The Company issued news releases on October 6, 2016, October 31, 2016 and November 4, 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.

________________________________________

BRAZIL RESOURCES INC. ("BRI") ("BRI.WT")
BULLETIN TYPE:  Halt
BULLETIN DATE:  November 11, 2016
TSX Venture Tier 2 Company

Effective at 7:47 a.m. PST, November 11, 2016, trading in the shares of the Company was halted, single stock circuit breaker. 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.

________________________________________

BRAZIL RESOURCES INC. ("BRI") ("BRI.WT")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  November 11, 2016
TSX Venture Tier 2 Company

Effective at 7:52 a.m. PST, November 11, 2016, shares of the Company resumed trading, an announcement having been made.

________________________________________

BUTTE ENERGY INC. ("BEN.H")
[formerly Butte Energy Inc. ("BEN")]
BULLETIN TYPE:  Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE:  November 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 Monday, November 14, 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 Vancouver to NEX.

As of November 14, 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 BEN to BEN.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.

_______________________________________

CLAREN ENERGY CORP. ("CEN")
[formerly TERRA NOVA ENERGY LTD. ("TGC")]
BULLETIN TYPE:  Name Change and Consolidation
BULLETIN DATE:  November 11, 2016
TSX Venture Tier 2 Company

Pursuant to a resolution passed November 3, 2016, the Company has consolidated its capital on a 4 (four) old for 1 (one) new basis.  The name of the Company has also been changed as follows.

Effective at the opening Monday, November 14, 2016, the common shares of Claren Energy Corp. will commence trading on TSX Venture Exchange, and the common shares of Terra Nova Energy Ltd. will be delisted. 

Post - Consolidation
Capitalization:   

unlimited

shares with no par value of which


21,833,446

shares are issued and outstanding

Escrow:        

nil





Transfer Agent:            

Computershare Trust Company of Canada

Trading Symbol:           

CEN

(new)

CUSIP Number:            

180266108

(new)

 

________________________________________

Cup Capital Corp.  ("CPU.P")
BULLETIN TYPE:  Remain Halted - Qualifying Transaction
BULLETIN DATE:  November 11, 2016
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated November 07, 2016, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Qualifying Transaction pursuant to Listings Policy 2.4.

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.

_____________________________________

ERGORESEARCH LTD. ("ERG")
BULLETIN TYPE:  Normal Course Issuer Bid
BULLETIN DATE:  November 11, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange (the "Exchange") has been advised by the Company that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated November 11, 2016, the Company may repurchase for cancellation up to 3,625,452 common shares of its own capital stock, representing approximately 5% of the Company's issued and outstanding shares. The purchases are to be made through the facilities of the Exchange during the period starting on November 11, 2016 to November 10, 2017. Purchases pursuant to the bid will be made by GMP Securities LP on behalf of the Company.

ERGORECHERCHE LTEE (" ERG ")
TYPE DU BULLETIN : Offre de rachat dans le cours normal des activités
DATE DU BULLETIN : Le 11 novembre 2016
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX (la « Bourse ») a été avisée qu'en vertu d'un avis d'intention de procéder à une offre de rachat dans le cours normal des activités datées du 11 novembre 2016, la société peut racheter pour fin d'annulation, jusqu'à 3 625 452 actions ordinaires de son capital-actions représentant environ 5 % des actions émises et en circulation de la société. Les achats seront effectués par l'entremise de la Bourse durant la période débutant le 11 novembre 2016 et se terminant le 10 novembre 2017. Les achats en vertu de l'offre seront effectués par le biais de GMP Securities LP.

________________________________________

FRONSAC REAL ESTATE INVESTMENT TRUST ("GAZ.UN")
BULLETIN TYPE:  Notice of Distribution
BULLETIN DATE:  November 11, 2016
TSX Venture Tier 2 Company

The Issuer has declared the following distribution(s):

Distribution per Unit:

$0.004075

Payable Date:

December 30, 2016

Record Date:

December 16, 2016

Ex-Distribution Date:                                                 

December 14, 2016

 

________________________________________

GENSOURCE POTASH CORPORATION ("GSP")
BULLETIN TYPE:  Private Placement-Brokered, Correction
BULLETIN DATE:  November 11, 2016
TSX Venture Tier 2 Company

Further to our bulletin dated November 9, 2016, the number of shares being issued to T. Robert Theoret should have been disclosed as follows:


Insider=Y / 


Name            

ProGroup=P                   

# of Shares




T. Robert Theoret           

Y                             

1,010,102

 

________________________________________

HAWKEYE GOLD & DIAMOND INC ("HGO")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  November 11, 2016
TSX Venture Tier 2 Company

Effective at 6:45 a.m. PST, November 11, 2016, shares of the Company resumed trading, an announcement having been made.

________________________________________

HIT TECHNOLOGIES INC. ("HIT")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  November 11, 2016
TSX Venture Tier 1 Company

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

Convertible Debenture:     

CDN$375,000 principal amount



Conversion Price:

Convertible into common shares at CDN$0.05 of principal amount outstanding per share in the first year and at CDN$0.10 of principal amount outstanding per share thereafter until maturity.



Maturity date:

Two years from issuance



Interest rate:   

10% per annum



Number of Placees:         

2 Placees

 

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s).

______________________________________

HIT TECHNOLOGIES INC. ("HIT")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  November 11, 2016
TSX Venture Tier 1 Company

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

Number of Shares:          

1,800,000 shares



Purchase Price:             

$0.05 per share



Number of Placees:       

1 Placee

 

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a new release announcing the closing of the private placement and setting out the expiry dates of the hold period(s).

________________________________________

METALORE RESOURCES LIMITED ("MET")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: November 11 2016
TSX Venture Tier 2 Company

Effective at the opening Monday, November 14, 2016 the common shares of the Company will commence trading on TSX Venture Exchange. The Company is classified as an 'Oil and Gas' company.

The Company is presently trading on the Toronto Stock Exchange and will be delisted at the market close on Friday November 11, 2016.

Corporate Jurisdiction: Ontario

Capitalization: Authorized capital of 4,000,000 with no par value of which
1,775,035 common shares are issued and outstanding
Escrowed Shares: Nil common shares

Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: MET
CUSIP Number: 591307103

For further information, please refer to the Company's news release dated November 4, 2016.

Company Contact: George W. Chilian
Company Address: 89 Kitchen Road, Rural Route #1, Vittoria, Ontario, Canada N0E 1W0

Company Phone Number: (519) 428-2464
Company Email Address: info@metaloreresources.com

________________________________________

NORTHWEST ARM CAPITAL INC. ("NWA")
[Formerly Northwest Arm Capital Inc. ("NWA.P")]
BULLETIN TYPE:  Qualifying Transaction – Completed, Resume Trading, Symbol Change, Private Placement – Non- Brokered
BULLETIN DATE: November 11, 2016
TSX Venture Tier 2 Company

Qualifying Transaction:

TSX Venture Exchange has accepted for filing the Qualifying Transaction ("QT") of Northwest Arm Capital Inc. (the "Company") described in its Filing Statement dated October 28, 2016. As a result, at the opening on Monday, November 14, 2016, the Company will no longer be considered as a Capital Pool Company.

The QT consists of an option to acquire up to a 100% interest in the Wilding Lake Property (the "Property") for consideration of the issuance of 4,500,000 common shares of the Company at a deemed issue price of $0.305 per share ($1,372,500).  The Company is also required to incur a minimum of $500,000 of exploration expenditures on the Property.

The Company is classified as a "Gold and silver ore mining" issuer (NAICS Number 212220).

For further information, please refer to the Filing Statement of the Company dated October 28, 2016, available on SEDAR.

Resume trading:

Further to TSX Venture Exchange Bulletin dated September 16, 2016, trading in the securities of the Company will resume at the opening on Monday, November 14, 2016.

Symbol Change:

Effective at the opening on Monday, November 14, 2016, the trading symbol of Northwest Arm Capital Inc. will change from ("NWA.P") to ("NWA").  There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital.

Private Placement – Non-Brokered:

TSX Venture Exchange has accepted for filing the documentation with respect to a non-brokered private placement (the "Private Placement"):

Number of Shares:         

6,600,000 common shares



Purchase Price:                

$0.25 per common share



Number of subscribers:    

34 subscribers

Insider / Pro Group Participation:




Name

Insider = Y /

Pro Group = P

Number
of Shares




Brigus Capital Inc. (Wade Dawe)

Y

700,000

Daniel Whittaker

Y

300,000

Chad Wells

Y

148,000

James D.R. Strauss

Y

80,000

Ben Lewis

Y

128,000

Brian Dalton

Y

128,000

Donald J. Warr

Y

100,000

Anna Stylianides

Y

80,000

S. Lawrence Winter

Y

128,000

Frederick J. Mifflin

Y/P

80,000

Aggregate Pro-Group Involvement
(8 Placees)

P

1,140,000

Waiver Fees:

Haywood Securities Inc. received $13,750 in cash and 55,000 common shares pursuant to a waiver agreement dated September 22, 2016.



The closing of the above-mentioned Private Placement has been confirmed through a press release dated November 8, 2016.



Capitalization:

Unlimited common shares with no par value of which 22,555,000 shares are issued and outstanding



Escrow:

8,420,000 shares of which 842,000 shares are released at the date of this bulletin.



Transfer Agent:       

Computershare Investor Services Inc. – Montreal and Toronto




Trading Symbol:

NWA          

(same symbol as CPC but with .P removed)

CUSIP Number:

66732W105

(UNCHANGED)

 

TSX Venture Exchange has been advised that the above transactions have been completed.

Company Contact:        

Mr. Daniel Whittaker, Director and CEO

Company Address:        

1969 Upper Water Street, Suite 1300, Halifax, Nova Scotia  B3J 2V1

Company Phone Number:   

(902) 488-4700

Company Fax Number:     

(902) 425-6350

Company email:             

danwhittaker@live.com

 

_________________________________________

NOVX21 INC. ("NOV.H")
[formerly NOVX21 Inc. ("NOV")]
BULLETIN TYPE:  Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE:  November 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 Monday, November 14, 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 November 14, 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 NOV to NOV.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 July 15, 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.

_______________________________________

PNG Gold Corporation  ("PGK")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  November 11, 2016
TSX Venture Tier 2 Company

Effective at 5:00 a.m., PST, November 10, 2016, shares of the Company resumed trading, an announcement having been made.

________________________________________

RYU APPAREL INC. ("RYU")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  November 11, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 5,680,000 shares and 5,680,000 share purchase warrants to settle outstanding debt for $710,000.

Number of Creditors:       

1 Creditor

Insider / Pro Group Participation:


Insider=Y /    

Amount

Deemed Price


Creditor                         

Progroup=P  

Owing

per Share

# of Shares

Marcello Leone                

Y            

$710,000

$0.125

5,680,000

Warrants:         

5,680,000 share purchase warrants to purchase 5,680,000 shares



Warrant Exercise Price:  

$0.20 for a two year period

 

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

________________________________________

SYLOGIST LTD. ("SYZ")
BULLETIN TYPE:  Declaration of Dividend
BULLETIN DATE:  November 11, 2016
TSX Venture Tier 1 Company

The Issuer has declared the following dividend(s):

Regular Dividend per Share:                                       

$0.07

Special Dividend per Share:                                         

$0.05

Payable Date:                                                         

December 14, 2016

Record Date:                                                          

November 30, 2016

Ex-Dividend Date:                                                     

November 28, 2016

 

________________________________________

TRI ORIGIN EXPLORATION LTD. ("TOE")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  November 11, 2016
TSX Venture Tier 2 Company

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

Number of Shares:          

1,070,000 flow-through shares


7,650,000 common shares



Purchase Price:             

$0.09 per flow-through share


$0.07 per common share



Warrants:                    

4,360,000 share purchase warrants attached to purchase 4,360,000 shares



Warrant Exercise Price:        

$0.12 for an eighteen month period



Number of Placees:        

19 Placees

Insider / Pro Group Participation:


Insider=Y /


Name                                       

ProGroup=P

# of Shares




Europac Gold Fun                                  

Y                    

3,590,000

Aggregate Pro Group Involvement

P                   

600,000

[2 Placees]



Finders' Fees:   

an aggregate of $5,950 is payable to NBCN Inc. (Dominique Richer).

 

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.

________________________________________

NEX COMPANIES

BROOME CAPITAL INC. ("BCP.H")
BULLETIN TYPE:  Halt
BULLETIN DATE:  November 11, 2016
NEX Company

Effective at 4:47 a.m. PST, November 11, 2016, trading in the shares of the Company was halted, pending review of qualifying transaction. 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.

________________________________________

CAMEX ENERGY CORP. ("CXE.H")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  November 11, 2016
NEX Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,571,798 shares at a deemed value of $0.05 per share to settle outstanding debt for $78,589.90.

Number of Creditors:      

5 Creditors

Insider / Pro Group Participation:







Insider=Y /

Amount     

Deemed Price


Creditor

Progroup=P

Owing

per Share

# of Shares

Scott Ackerman      

Y               

$8,337

$0.05

166,740

 

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

________________________________________

SOURCE TSX Venture Exchange

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


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