TSX Venture Exchange Daily Bulletins

VANCOUVER, Feb. 27, 2017 /CNW/ -

TSX VENTURES COMPANIES

ALTAIR RESOURCES INC. ("AVX")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  February 27, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with an option agreement (the "Agreement") between Altair Resources Inc. ("Altair") and Mustafe Havolli ("Havolli") under which Altair agreed to acquire 90% of the shares of A.GJ.A, SH.P.K. ("Agja"), a privately owned company registered in Kosovo from Havolli. Agja owns a zinc-lead-silver project in Kosovo named Cerepulja.  Under the terms of the agreement, Altair may earn its 90% ownership interest by pay a total of $300,000 in staged payments. The Exchange has been advised that all required payments have been made and the option has been exercised.

Altair paid a finder's fee of $15,000 to Aylin Aksu Cecen.

For additional information please refer to Altair's news releases dated November 17, 2016 and February 21, 2017.

Insider / Pro Group Participation:  Nil.

_______________________________________

ALTIPLANO MINERALS LTD. ("APN")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  February 27, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 13, 2017:

Number of Shares:                   

20,000,000 shares           


Purchase Price:                       

$0.15 per share


Warrants:                                 

20,000,000 share purchase warrants to purchase 20,000,000 shares


Warrant Exercise Price:            

$0.25 for a two year period


Number of Placees:                  

139 Placees


Insider / Pro Group Participation:

 


Insider=Y /


Name                                  

ProGroup=P                                  

# of Shares




John Williamson  

Y

333,334

Justin Bourassa        

Y

133,333

859053 Alberta Ltd. (Sean Mager)              

Y

200,000




Aggregate Pro Group Involvement     

P

1,355,000

[8 Placees]



Finder's Fee: 

Haywood Securities Inc. - $1,604.40 and 10,696 warrants that are exercisable into common shares at $0.25 per share for a two year period.




Mackie Research Capital Corporation - $40,879.99 and 272,533 warrants that are exercisable into common shares at $0.25 per share for a two year period.




Canaccord Genuity Corp.  - $33,192.00 and 221,280 warrants that are exercisable into common shares at $0.25 per share for a two year period.




PI financial Corp. - $82,960.00 and 553,067 warrants that are exercisable into common shares at $0.25 per share for a two year period.




Fort Capital Inc. (Ali Pejman) - $19,999.99 and 133,333 warrants that are exercisable into common shares at $0.25 per share for a two year period.




Quaestus Strategies Corp. (Emma Fairhurst) - $12,000.00 and 80,000 warrants that are exercisable into common shares at $0.25 per share for a two 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(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.]

________________________________________

AMERICAN CUMO MINING CORPORATION ("MLY")
BULLETIN TYPE:  Halt
BULLETIN DATE:  February 27, 2017
TSX Venture Tier 2 Company

Effective at 12:05 p.m. PST, February 24, 2017, 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.

________________________________________

AMERICAN CUMO MINING CORPORATION ("MLY")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  February 27, 2017
TSX Venture Tier 2 Company

Effective at 7:30 a.m. PST, February 27, 2017, shares of the Company resumed trading, an announcement having been made.

________________________________________

AZINCOURT URANIUM INC. ("AAZ")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  Feb 27, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Feb 06, 2017:

Flow-Through Shares:

Number of FT Shares:             

2,600,000 flow through shares



Purchase Price:                        

$0.10 per flow through share



Warrants:                             

1,300,000 share purchase warrants to purchase 1,300,000 shares



Warrant Initial Exercise Price:   

$0.12



Warrant Term to Expiry:           

1 Year



Non Flow-Through Shares:




Number of Non-FT Shares:       

10,198,495 non flow through shares



Purchase Price:                     

$0.075 per non flow through share



Warrants:                                 

5,099,245 share purchase warrants to purchase 5,099,245 shares



Warrant Initial Exercise Price:    

$0.12



Warrant Term to Expiry:          

1 Year



Number of Placees:                

33 Placees


Insider / Pro Group Participation:


Insider=Y /



Name

Pro-Group=P


# of Shares

Aggregate Pro-Group Involvement [5 Placees]

 P


2,099,999



Finder's Fee:


PI Financial Corp.                     

$7,601.00 cash

Haywood Securities Inc.

$3,200.00 cash

Canaccord Genuity Corp.

$9,598.00 cash

Fenny Bridge Management Corp.

$10,000.00 cash

1095501 B.C. Ltd.

$7,802.00 cash

NBCN Inc.

$3,900.00 cash

Gary Freeman

$4,000.00 cash

 

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.

________________________________________

CHILEAN METALS INC. ("CMX")
BULLETIN TYPE:  Halt
BULLETIN DATE:  February 27, 2017
TSX Venture Tier 2 Company

Effective at 8:50 a.m. PST, February 27, 2017, 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.

________________________________________

CHILEAN METALS INC. ("CMX")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  February 27, 2017
TSX Venture Tier 2 Company

Effective at 10:45 a.m. PST, February 27, 2017, shares of the Company resumed trading, an announcement having been made.

________________________________________

DIAMCOR MINING INC. ("DMI")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE:  February 27, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:

Private Placement:

# of Warrants:                                                 

1,073,929


169,350

Original Expiry Date of Warrants:                      

March 11, 2017 and March 21, 2017

New Expiry Date of Warrants:                            

March 11, 2018 and March 21, 2018

Exercise Price of Warrants:                                

$1.80

 

These warrants were issued pursuant to a private placement of 2,486,558 shares with 1,243,279 share purchase warrants attached, which was accepted for filing by the Exchange effective on March 28, 2014.

________________________________________

EVERTON RESOURCES INC. ("EVR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 27, 2017
TSX Venture Tier 2 Company

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

Number of Shares:

12,070,000 common shares   



Purchase Price:

$0.05 per common share


Warrants:

6,035,000 warrants to purchase 6,035,000 common shares


Warrant Exercise Price:

$0.07 until February 21, 2019


Number of Placees:

27 Placees


Insider / Pro Group Participation:

Nil



Finders:

 Mackie Research Capital Corporation and PowerOne Capital Markets Ltd.



Finders' Fee:

An aggregate of $41,200 in cash, 24,000 finder's warrants to purchase 24,000 common shares at a price of $0.07 per share until February 21, 2019. A total of 800,000 broker warrants were also issued with each broker warrant entitling the finder to purchase a broker unit at a price of $0.05 per broker unit for a period of two years from the date of closing of the private placement. Each broker unit comprises one common share and one-half of a broker unit warrant. Each broker unit warrant entitles the finder to purchase one common share at an exercise price of $0.07 per common share for a period of 24 months from the closing date.

 

The Company confirmed the closing of that Private Placement via the issuance of a news release dated February 21, 2017.

RESSOURCES EVERTON INC. (« EVR »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 27 février 2017
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 :

Nombre d'actions :

12 070 000 actions ordinaires


Prix :

0,05 $ par action ordinaire           


Bons de souscription :

6 035 000 bons de souscription permettant de souscrire à 6 035 000 actions ordinaires


Prix d'exercice des bons :

$0,07 jusqu'au 21 février 2019


Nombre de souscripteurs :

27 souscripteurs


Participation des initiés/ Groupe Pro :

Aucune


Intermédiaires :

Mackie Research Capital Corporation et PowerOne Capital Markets Ltd.


Honoraire d'intermédiation :

Un total de 41 200 $ en espèces, 24 000 bons de souscription non-transférables permettant de souscrire 24 000 actions ordinaires au prix de 0,07 $ l'action jusqu'au 21 février 2019. Un total de 800 000 bons de courtier a été émis, chacun permettant au détenteur de souscrire à une unité au prix de 0,05 $ par unité pendant une période de deux ans de la date de clôture du placement privé. Chaque unité égale une action ordinaire et un-demi bon. Chaque bon permet de souscrire une action au prix d'exercice de 0,07 $ par action pendant 24 mois suivant la clôture.

 

La société a confirmé la clôture du placement privé précité en vertu d'un communiqué de presse daté du 21 février 2017.

________________________________

EVERTON RESOURCES INC. ("EVR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 27, 2017
TSX Venture Tier 2 Company

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

Number of Shares:                      

9,995,000 common shares           


Purchase Price:                              

$0.05 per common share


Warrants:                                     

4,997,500 warrants to purchase 4,997,500 common shares


Warrant Exercise Price:                   

$0.07 until February 6, 2019


Number of Placees:                       

25 Placees


Insider / Pro Group Participation:

Name

Insider=Y /

Pro Group=P

Number of Shares

André Audet

Y

300,000

Steven Mintz

Y

400,000

Finders:

Echelon Wealth Partners and EMD Financial Inc. 


Finders' Fee: 

An aggregate of $23,700 in cash, 148,000 common shares and 252,000 non-transferable finders' warrants to purchase 252,000 common shares at a price of $0.07 per share during a period of 24 months from closing.

 

The Company confirmed the closing of that Private Placement via the issuance of a news release dated February 6, 2017.

RESSOURCES EVERTON INC. (« EVR »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 27 février 2017
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 :

Nombre d'actions :

9 995 000 actions ordinaires


Prix :

0,05 $ par action ordinaire


Bons de souscription :

9 995 000 bons de souscription permettant de souscrire à 9 995 000 actions ordinaires


Prix d'exercice des bons :

$0,07 jusqu'au 6 février 2019


Nombre de souscripteurs :

25 souscripteurs

Nom

Initié = Y /

Groupe Pro = P

Nombre d'actions

André Audet

Y

300 000

Steven Mintz

Y

400 000

Intermédiaires :

Echelon Wealth Partners and EMD Financial Inc.    


Honoraire d'intermédiation :

Un total de 23 700 $ en espèces, 148 000 actions ordinaires et 252 000 bons de souscription non-transférables permettant de souscrire 252 000 actions ordinaires au prix de 0,07 $ l'action pendant une période de 24 mois suivant la clôture.

 

La société a confirmé la clôture du placement privé précité en vertu d'un communiqué de presse daté du 6 février 2017.

________________________________

GEM INTERNATIONAL RESOURCES INC. ("GI")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE: February 27, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 9, 2017, January 24, 2017, January 25, 2017 and February 1, 2017:

Number of Shares:

18,000,000 shares     


Purchase Price:

$0.05 per share


Warrants:

18,000,000 share purchase warrants to purchase 18,000,000 shares


Warrant Exercise Price:

$0.15 for a two year period


Number of Placees:

29 Placees


Insider / Pro Group Participation:


Insider=Y /


Name                                                              

ProGroup=P

# of Shares




Metropolitan Ballet Academy Inc. (Craig Walker)

Y

100,000

Mosman Oil and Gas Limited (John Barr)

Y

1,600,000

Finder's Fee:

$5,425 payable to Li Wei

 

The Company issued a news release on February 24, 2017 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.

________________________________________

GFG RESOURCES INC. ("GFG")
BULLETIN TYPE:  Private Placement-Brokered
BULLETIN DATE:  February 27, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced January 31, 2017:

Number of Shares:

4,350,000 shares    


Purchase Price:

$1.15 per share


Number of Placees:

19 Placees


Insider / Pro Group Participation:


Insider=Y /


Name

ProGroup=P

# of Shares




Arnold Klassen

Y

17,500




Aggregate Pro Group Involvement

P

405,500

[3 Placees]



Agent's Fee:

Cormark Securities Inc. - $157,578.75


Macquarie Capital markets Canada ltd. - $85,542.75    


BMO Capital Markets - $28,514.25


Mackie Research Capital Corporation - $28,514.25

 

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).

________________________________________

GRAY ROCK RESOURES LTD ("GRK")
BULLETIN TYPE:  Property-Asset or Share Disposition Agreement
BULLETIN DATE:  February 27, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a mineral claim lease agreement (the "Agreement") dated December 12, 2014, as amended between Gray Rock Resources Ltd (the "Company"), as lessor, and D. Deering and Saxifrage Geological Services Ltd (collectively, the "Lessee") whereby the Lessee has a 7 year lease of all mineral rights to the Company's Silverstream Property, British Columbia (the "Property").

The Lessee has agreed to pay the Company $10,000 per year, which may be offset by the annual assessment work filed by the Lessee for the Property. The Lessee has an option to acquire all mineral right to the Property by paying the Company $500,000 at any time. The Agreement is subject to a 5% production royalty payable to the Company.

For further information, please see the Company's news release dated May 4, 2015.

________________________________________

MACDONALD MINES EXPLORATION LTD. ("BMK")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  February 27, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 19, 2016:

Number of Shares:

7,365,429 flow-through shares and


5,050,000 non flow-through shares


Purchase Price:

$0.07 per flow-through share


$0.06 per non flow-through share


Warrants:

12,415,429 share purchase warrants to purchase 12,415,429 shares


Warrant Exercise Price:

$0.10 for a three year period


Number of Placees:

12 Placees


Insider / Pro Group Participation:


Insider=Y /


Name                                                              

ProGroup=P

# of Shares




Aggregate Pro Group Involvement

 P

3,564,000

[4 Placees]



Finder's Fee:

An aggregate of $74,902 in cash and 1,112,888 finders' warrants payable to Sherbrooke Street Capital Inc., Marquest Capital Markets, IBK Capital Corp., Secutor Capital Management Corp., Canaccord Genuity Wealth Management and Caldwell Securities Inc. Each finder's warrant entitles the holder to acquire one unit at $0.07 for a five year period. 

 

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.

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

________________________________________

OTIS GOLD CORP. ("OOO")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  Feb 27, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Feb 24, 2017:

Number of Shares:

14,420,000 shares



Purchase Price:

$0.35 per share



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.

________________________________________

ROYAL ROAD MINERALS LIMITED ("RYR")
BULLETIN TYPE:  Private Placement-Brokered
BULLETIN DATE:  February 27, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced January 19, 2017 and February 8, 2017

Number of Shares:

36,000,000 ordinary shares   


Purchase Price:

$0.10 per share


Warrants:

18,000,000 ordinary share purchase warrants to purchase 18,000,000 ordinary shares


Warrant Exercise Price:

$0.20 until February 17, 2019


Number of Placees:

33 Placees


Insider / Pro Group Participation:


Insider=Y /


Name

ProGroup=P

# of Shares




Tim Coughlin

Y

400,000

Peter Mullens

Y

200,000




Agent's Fee:

An aggregate of $216,000 in cash and 2,160,000 broker warrants payable to Pollitt & Co., Echelon Wealth Partners Inc. and M Partners Inc. Each broker warrant entitles the holder to acquire one ordinary share at $0.10 until February 17, 2019.

 

For further details, please refer to the Company's news release dated February 17, 2017.

________________________________________

SEAIR INC. ("SDS")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  February 27, 2017
TSX Venture Tier 2 Company

Effective at 6:30 a.m. PST, February 27, 2017, shares of the Company resumed trading, an announcement having been made.

________________________________________

SMART EMPLOYEE BENEFITS INC. ("SEB")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  February 27, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 18, 2017:

Number of Shares:

25,026,540 shares  


Purchase Price:

$0.20 per share


Warrants:

25,026,540 share purchase warrants to purchase 25,026,540 shares


Warrant Exercise Price:

$0.30 for an eighteen month period


Number of Placees:

17 Placees


Insider / Pro Group Participation:


Insider=Y /


Name                                                              

ProGroup=P

# of Shares




Christine Hrudka

Y

260,000

Stephen Peacock

Y

214,375

Robert Prentice

Y

287,115

John McKimm

Y

8,141,070

Mohamad El Masri El Chayah

Y

500,000

Douglas Deeks

Y

500,000

Aggregate Pro Group Involvement

P

4,250,000

[3 Placee(s)]



Finder's Fee:

an aggregate of $118,500, plus 595,000 finders warrants, each exercisable at a price of $0.20 for a period of 18 months into one common share and one warrant, with each warrant further exercisable into one common share at the same terms as the warrants above, payable to Primary Capital Inc., Chippingham Financial Group Limited and Cannacord Genuity Corp.     

 

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.

________________________________________

SOUTHERN LITHIUM CORP. ("SNL")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  February 27, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation relating to a property option agreement dated November 10, 2016 between the Company and Proyecto Pastos Grandes S.A., a wholly owned subsidiary of Millennial Lithium Corp. whereby the Company has acquired an option to purchase up to an 80% interest in and to certain mineral interests in the Cruz property located in the Pocitos salar basin in Salta province, Argentina in consideration of US$2,200,000 and 540,000 shares plus completion of a feasibility study.

________________________________________

UNISERVE COMMUNICATIONS CORPORATION ("USS")
BULLETIN TYPE:  Warrant Price Amendment, Warrant Term Extension
BULLETIN DATE:  February 27, 2017
TSX Venture Tier 1 Company

TSX Venture Exchange has consented to the reduction in the exercise price and the extension of the term of the following warrants:

Private Placement:

# of Warrants:

6,450,000


Original Exercise Price of Warrants:

$0.10

New Exercise Price of Warrants:

$0.07



# of Warrants:

6,500,000



Original Expiry Date of Warrants:

December 2, 2017

New Expiry Date of Warrants:

March 31, 2018

 

These warrants were issued pursuant to a private placement of 6,500,000 shares with 6,500,000 share purchase warrants attached, which was accepted for filing by the Exchange effective December 8, 2015.

________________________________________

US OIL SANDS INC. ("USO")
BULLETIN TYPE:  Shares for Bonuses
BULLETIN DATE:  February 27, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 24,000,000 bonus warrants, exercisable at $0.75 per share for a five year period, to ACMO S.a.R.L. in consideration of providing a US$7.5 million loan.

________________________________________

VIQ SOLUTIONS INC. ("VQS")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  February 27, 2017
TSX Venture Tier 2 Company

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

Number of Securities:

9,883,329 common share units ("Units")    


Each unit consists of one common share and one-half of one common share purchase warrant.


Purchase Price:

$0.21 per Unit


Warrants:

4,941,658 share purchase warrants to purchase 4,941,658 shares


Warrant Exercise Price:

$0.26 until June 15, 2018


Number of Placees:

28 Placees


Insider / Pro Group Participation:


Insider=Y /


Name                                                              

ProGroup=P

# of Units




Larry Taylor

Y

299,000

Joseph Quarin

Y

952,381

Harvey Gordon

Y

238,095

Tri-Echo Consulting II Inc.

Y

238,095

(Lawrence Tjan)



Peter St. Geme

Y

250,000

APSP Consulting Inc.

Y

238,095

(Sebastien Pare)



Aggregate Pro Group Involvement

P

1,047,618

[3 Placee(s)]






Finder's Fee:

 None



 

________________________________________

NEX COMPANIES

JOURDAN RESOURCES INC. ("JOR.H")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: February 27, 2017
NEX Company

Further to the TSX Venture Exchange Bulletin dated July 3, 2015, the Exchange has been advised that the Cease Trade Order issued by the Ontario Securities Commission dated July 3, 2015 has been revoked.

Effective at the opening, Tuesday, February 28, 2017, trading will be reinstated in the securities of the Company.

________________________________________

LSC LITHIUM CORPORATION ("LSC")
[formerly Oakham Capital Corp. ("OKM.H")]
BULLETIN TYPE: Qualifying Transaction-Completed, Private Placement-Brokered, Graduation from NEX to TSX Venture, Name Change and Consolidation, Resume Trading, Symbol Change
BULLETIN DATE: February 27, 2017
NEX Company


The common shares of LSC Lithium Corporation ("LSC") have been halted from trading since July 15, 2016, pending completion of a Qualifying Transaction (the "QT").

TSX Venture Exchange has accepted for filing LSC's QT described in its Filing Statement dated January 27, 2017. As a result, at the opening on February 28, 2017, LSC will no longer be considered a Capital Pool Company, and trading in the shares of LSC will resume.

Pursuant to the QT, LSC acquired all of the issued and outstanding common shares in the capital of LSC Lithium Inc. ("LSC Lithium") for 84,080,456 common shares at a deemed value of $1.30 per share, inclusive the number of shares issued in the concurrent private placement as disclosed below.  A finder's fee of 92,896 common shares was paid to an arm's length party.

Private Placements - Brokered

Before the closing of the QT, LSC Lithium completed private placements of securities which were exchanged into the following post-consolidation securities in LSC:

Number of Shares:

25,757,513 common shares 



Purchase Price:

$1.30 per share



Number of Placees:

74 Placees


Insider / Pro Group Participation:


Insider=Y /


Name                                                  

ProGroup=P

# of Shares







Juan Carlos Grosso

Y

40,000

Robert Metcalfe

Y

40,000




Aggregate Pro Group Involvement

P

350,763

[2 Placees]



 

The private placement was brokered by Cormark Securities Inc. and NewGen Asset Management Limited. Agent's and finders' fees: $1,662,468 cash commission and 1,545,449 broker warrants, each broker warrant is exercisable into one common share at a price of $1.30 until February 21, 2018.

Name Change and Consolidation

LSC has consolidated its capital on a 6.5 old for 1 new basis. The name of LSC has also been changed from "Oakham Capital Corp." to "LSC Lithium Corporation".

Effective at the opening February 28, 2017, the common shares of LSC Lithium Corporation will commence trading on TSX Venture Exchange, and the common shares of Oakham Capital Corp. will be delisted.

Post – Consolidation

Capitalization: Unlimited number of common shares with no par value of which 84,695,841 common shares are issued and outstanding

Escrow:   37,407,026 shares and 5,663,211 warrants
Escrow term:  36 months

Transfer Agent: TSX Trust Company
Trading Symbol:  LSC (new)
CUSIP Number: 50219G106 (new)

LSC is classified as an "Other Chemical and Fertilizer Mineral Mining" company.

The Exchange has been advised that the above transactions have been completed.

Graduation from NEX to TSX Venture

LSC has met the requirements to be listed as a TSX Venture Tier 2 Company. Therefore, effective on February 28, 2017, LSC's listing will transfer from NEX to TSX Venture, LSC's Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to Toronto.

Company Contact:  Jessica Helm, VP Corporate Communications and Investor Relations

Company Address:  1 Adelaide Street East, Suite 3001, Toronto, Ontario, Canada M5C 2V9
Company Phone Number: 416.304.9384
Company Fax Number: 416.867.9384
Company Email Address: info@lsclithium.com
Company Web Site: www.lsclithium.com

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TRI-RIVER VENTURES INC. ("TVR.H")
BULLETIN TYPE:  Halt
BULLETIN DATE:  February 27, 2017
NEX Company

Effective at 6:22 a.m. PST, February 27, 2017, 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.

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SOURCE TSX Venture Exchange

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


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