TSX Venture Exchange Daily Bulletins

VANCOUVER, Dec. 2, 2016 /CNW/ - TSX VENTURES COMPANIES

BULLETIN TYPE:  Cease Trade Order
BULLETIN DATE:  December 1, 2016
TSX Venture Company

A  Cease Trade Order has been issued by the British Columbia Securities Commission on December 1, 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)

AFR        

2

African Metals Corporation   

annual audited financial statements   

16/05/31









interim financial report

16/10/31









management's discussion and analysis

16/05/31









certificate of annual and interim filings 

16/05/31





and 16/10/31

 

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.

________________________________________

AMERICAN LITHIUM CORP. ("LI")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  December 2, 2016
TSX Venture Tier 2 Company

Effective at 6:00 a.m. PST, December 2, 2016, shares of the Company resumed trading, an announcement having been made.

________________________________________

GOLD HORN INTERNATIONAL ENTERPRISES GROUP LIMITED ("GHE.P")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: December 2, 2016
TSX Venture Tier 2 Company

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has been advised that the Cease Trade Order issued by the Alberta Securities Commission dated November 3, 2016 has been revoked.

Effective at the opening, Monday, December 5, 2016, trading will be reinstated in the securities of the Company.

________________________________________

GOLD RESERVE INC. ("GRZ")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  December 2, 2016
TSX Venture Tier 2 Company

Effective at 6:45 a.m. PST, December 2, 2016, shares of the Company resumed trading, an announcement having been made.

________________________________________

INTIGOLD MINES LTD. ("IGD")
BULLETIN TYPE:  Halt
BULLETIN DATE:  December 2, 2016
TSX Venture Tier 2 Company

Effective at 1:01 p.m. PST, December 1, 2016, trading in the shares of the Company was halted, failure to maintain exchange requirements. 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.

________________________________________

KITRINOR METALS INC. ("KIT")
BULLETIN TYPE:  Consolidation
BULLETIN DATE:  December 2, 2016
TSX Venture Tier 2 Company

Pursuant to a special resolution passed by shareholders November 22, 2016, the Company has consolidated its capital on a (10) ten old for (1) one new basis. The name of the Company has not been changed.

Effective at the opening, Monday, December 5, 2016, the common shares of Kitrinor Metals Inc. 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


2,430,638

shares are issued and outstanding

Escrow                          

Nil 

shares




Transfer Agent:         

TSX Trust Company


Trading Symbol:          

KIT           

(UNCHANGED)

CUSIP Number:            

498032309

(NEW)

 

________________________________________

MEDICURE INC. ("MPH")
BULLETIN TYPE:  Shares for Bonuses
BULLETIN DATE:  December 2, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to enter into a loan agreement with Crown Capital Fund IV LP ("Crown Capital") and Ontario Pension Board ("OPB") (collectively, the "Lenders") in the principle amount of $60,000,000 (the "Credit Facility").  The Loan matures in 48 months.

The loan and other outstanding obligations shall bear interest from the closing date to the date paid, at a rate equal to nine and a half percent (9.5%) per annum. The Company shall pay the lender all accrued and unpaid interest on the principal amount of the loan and the outstanding amount of the loan and the other obligations monthly in arrears in cash on each Interest payment date, starting with the first date of June 30, 2016.

As consideration to the Lender for making the Credit Facility available to the Company, the Lenders will receive 900,000 common shares purchase warrants ("Bonus Warrants"), each of which will entitled the lender to acquire one (1) common share of the company at a price of $6.50 per common share. . Further the Company will pay the lender a Cash Fee of 3% of the aggregate amount, being $1,800,000 which is non-refundable and may be deducted from the Advance.


Warrants

Crown Capital Fund IV LP

450,000



OPB BB Holdings Trust

450,000

 

For further details, please see the company's press release.                  

                                           ________________________________________

MEDICURE INC. ("MPH")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  December 2, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange (the "Exchange") accepts the documentation pursuant a Transfer Agreement ("Agreement") dated July 3, 2014, with Apicore Inc and Apigen Investments Limited (Apicore LLC and Apicore US LLC are wholly owned operated subsidiaries). Under the Agreement, the Company holds an option to acquire all of the remaining issued shares prior to July 3, 2017.

Under the terms of the Agreement, the Company exercised certain of its option rights consisting of 4,717,000 Series A Preferred Shares and 1,250,000 Warrants in Apicore for USD$33,750,000.

For further information, please refer to the Company's press releases dated November 18, 2016 and December 1, 2016.

________________________________________

METTRUM HEALTH CORP. ("MT")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  December 2, 2016
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation relating to a share purchase agreement (the "Agreement") dated November 15, 2016 between the owner of Apollo Applied Research Inc. (the "Vendor"), and Mettrum Health Corp. (the "Company"). Pursuant to the Agreement, the Company shall acquire 100% of the shares of Apollo Applied Research Inc.

As consideration, the Company shall pay the Vendor an aggregate of $1,000,000 and issue up to 5,081,436 shares.

For additional information, refer to the Company's news release dated November 16, 2016.

________________________________________

New Destiny Mining Corp. ("NED")
BULLETIN TYPE:  Remain Halted
BULLETIN DATE:  December 2, 2016
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated November 28, 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.

________________________________________

ORGANTO FOODS INC. ("OGO")
BULLETIN TYPE:  Shares for Services
BULLETIN DATE: December 2, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 16,761 shares at a deemed price of $$0.298314, in consideration of certain services provided to the company for the month of August 2016 pursuant to an agreement dated August 1, 2016.

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

________________________________________

REKO INTERNATIONAL GROUP INC ("REK")
BULLETIN TYPE:  Declaration of Special Cash Dividend
BULLETIN DATE:  December 2, 2016
TSX Venture Tier 2 Company

The Issuer has declared the following dividend(s):

Dividend per Share:

$0.20

Payable Date:

January 19, 2017

Record Date:

December 12, 2016

Ex-Dividend Date:

December 8, 2016

                                          

 ________________________________________

TRANSATLANTIC MINING CORP.  ("TCO")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  December 2, 2016
TSX Venture Tier 2 Company

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

Number of Shares:

79,407,492 shares



Purchase Price:

$0.05 per share



Warrants:

26,469,164 share purchase warrants to purchase 26,469,164 shares



Warrant Exercise Price:

$0.10 for a two year period



Number of Placees:

108 Placees



Finder's Fee:

$19,355 plus 387,100 warrants is payable to PI Financial


$700 plus 14,000 warrants is payable to Mackie Research  


$64,365 plus 1,287,300 warrants is payable to Haywood Securities

 

________________________________________

VERISANTE TECHNOLOGY INC. ("VRS")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  December 2, 2016
TSX Venture Tier 2 Company

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

Number of Shares:

1,000,000 shares



Purchase Price:

$0.05 per share



Number of Placees:

1 Placee

 

________________________________________

VVC EXPLORATION CORPORATION ("VVC")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  December 2, 2016
TSX Venture Tier 2 Company

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

Convertible Debenture

CDN$1,377,450 (US$810,000 and CDN$308,250)



Conversion Price

Convertible into shares at CDN$0.05 in the first year and CDN$0.10 of principle per share until maturity



Maturity Date

November 30, 2021



Interest Rate

12% per annum



Warrants

21,132,000 detachable share purchase warrants to purchase 21,132,000 shares



Warrant Exercise Price

$0.05 for a five year period



Number of Placees:

21 Placees

 

Insider / Pro Group Participation:

Name                                      

Insider=Y /
ProGroup=P                

Amount           

Terrence F. Martell                           

Y                   

US$55,000

James A Culver                                    

Y                      

CDN$133,250

Ressources Orford Inc.                          

Y                    

CDN$75,000

(Andre St. Michel)



Kevin Barnes                                       

Y                             

CDN$25,000

Palos Merchant Fund LP                               

Y              

CDN$75,000

 

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.

________________________________________

SOURCE TSX Venture Exchange

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


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