TSX Venture Exchange Daily Bulletins

VANCOUVER, March 9, 2017 /CNW/ -

TSX VENTURES COMPANIES
BULLETIN TYPE:  Cease Trade Order
BULLETIN DATE:  March 8, 2017
TSX Venture Company

A  Cease Trade Order has been issued by the British Columbia Securities Commission on March 8, 2017 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)






ARC

2

Arian Resources Corp.

A statement of executive compensation

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.

________________________________________

AFRICAN METALS CORPORATION ("AFR.H")
[formerly African Metals Corporation ("AFR")]
BULLETIN TYPE:  Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE:  March 9, 2017
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 Friday, March 10, 2017, 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 March 10, 2017, 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 AFR to AFR.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 December 1, 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.

_______________________________________

ALGOLD RESOURCES LTD. ("ALG")
BULLETIN TYPE:  Halt
BULLETIN DATE:  March 9, 2017
TSX Venture Tier 2 Company

Effective at 12:35 p.m. PST, March 8, 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.

________________________________________

ALGOLD RESOURCES LTD. ("ALG")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  March 9, 2017
TSX Venture Tier 2 Company

Effective at 5:00 a.m. PST, March 9, 2017, shares of the Company resumed trading, an announcement having been made.

________________________________________

APHRIA INC. ("APH")
BULLETIN TYPE:  Prospectus-Share Offering
BULLETIN DATE:  March 9, 2017May 11, 2001
TSX Venture Tier 1 Company

Effective March 9, 2017, the Company's Short Form Prospectus dated February 17, 2017 was filed with and accepted by TSX Venture Exchange, and effective February 17, 2017 was filed with and receipted by the British Columbia, Alberta, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island, Ontario, Newfoundland and Labrador Securities Commission, pursuant to the provisions of the  Securities Act.

TSX Venture Exchange has been advised that closing occurred on February 24, 2017  for gross proceeds of $57,500,000 (including $7,500,000 of the over-allotment option exercised to date).

Underwriters:

Clarus Securities Inc. as lead underwriter together with Canaccord Genuity Corp., Haywood Securities Inc. and PI Financial Corp.



Offering:      

10,000,000 shares



Share Price:

$5.00 per share



Underwriters' Fee:

A cash fee of $3,306,250 has been paid to the Underwriters.



Over-Allotment Option:

The Underwriters were granted an over-allotment option of the shares in connection with this offering.  The Underwriters were granted an option to arrange for the sale of up to an additional 1,500,000 common shares (being 15% of that number of shares sold pursuant to the offering), at any time up to 30 days after the closing of the offering. The above noted Underwriters' Fee is also applicable to the Over-Allotment Option.

 

For further information, refer to the Company's Short Form Prospectus dated February 17, 2017 filed on SEDAR and the Company's news release dated February 6, 2017 and February 24, 2017.

________________________________________

ASHBURTON VENTURES INC. ("ABR")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  March 9, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with a purchase agreement (the "Agreement") between Ashburton Ventures Inc. ("Ashburton") and ZMM Canada Minerals Corp. ("ZMM") under which Ashburton has agreed to acquire all of ZMM's interest in two mineral properties: the TransCanada Chabazite Zeolite Property and the Juniper Creek Chabazite Zeolite Property (together, the "Properties") located in British Columbia.  As consideration Ashburton must pay $10,000 to ZMM within 10 days of the issuance of this bulletin, issue 1,000,000 common shares to ZMM and incur $250,000 in exploration expenditures on the Properties within 12 months.

For additional information please refer to Ashburton's news release dated March 2, 2017.

Insider / Pro Group Participation: Nil.

_______________________________________

AXION VENTURES INC. ("AXV")
[formerly Capstream Ventures Inc. ("CSP")]
BULLETIN TYPE:  Name Change
BULLETIN DATE:  March 9, 2017
TSX Venture Tier 1 Company

Pursuant to a resolution passed by the directors on February 1, 2017, Capstream Ventures Inc.  has changed its name as follows.  There is no consolidation of capital.

Effective at the opening on Friday, March 10, 2017, the common shares of Axion Ventures Inc. will be listed for trading on TSX Venture Exchange Inc. and the common shares of Capstream Ventures Inc.  will be delisted.  The Company is classified as an 'Investment' company.

Capitalization:

Unlimited 

shares with no par value of which


236,972,450

shares are issued and outstanding

Escrow:

89,013,746





Transfer Agent:

Computershare Investor Services Inc.

Trading Symbol:                 

AXV

(new)

CUSIP Number:

05465L 10 0

(new)

 

________________________________________

CANADABIS CAPITAL INC. ("CANB.P")
BULLETIN TYPE:  New Listing-CPC-Shares
BULLETIN DATE:  March 9, 2017
TSX Venture Tier 2 Company

This Capital Pool Company's ('CPC') Prospectus dated February 22, 2017 has been filed with and accepted by TSX Venture Exchange and the Alberta Securities Commission effective February 22, 2017, pursuant to the provisions of the Alberta Securities Act.  The Common Shares of the Company will be listed on TSX Venture Exchange on the effective date stated below.

The Company has completed its initial distribution of securities to the public.  The gross proceeds received by the Company for the Offering were $500,000 (5,000,000 common shares at $0.10 per share).

Commence Date:

At the opening Friday, March 10, 2017, the Common shares will commence trading on TSX Venture Exchange.



Corporate Jurisdiction:

Alberta



Capitalization:

Unlimited 

common shares with no par value of which


8,000,000

common shares are issued and outstanding

Escrowed Shares:

3,000,000

common shares


Transfer Agent:

ComputerShare Trust Company of Canada

Trading Symbol:

CANB.P

CUSIP Number:

13530Q104

Sponsoring Member:

Richardson GMP Limited



Agent's Options:

500,000 non-transferable stock options.  One option to purchase one share at $0.10 per share up to 24 months from date of issuance.

 

For further information, please refer to the Company's Prospectus dated February 22, 2017.

Company Contact:

Barb O'Neill

Company Address:

4303 - 9th Street SE


Calgary, Alberta


T2G 3C8

Company Phone Number:

587 356-5625

Company Fax Number:

N/A

Company Email Address:

oneill@gold.ca

 

Seeking QT primarily in these sectors:

  • Unknown

________________________________________

CARUBE COPPER CORP. ("CUC")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  March 9, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 23, 2017:

Number of Shares:

20,000,000 shares



Purchase Price:             

$0.08 per share



Warrants:

10,000,000 share purchase warrants to purchase 10,000,000 shares



Warrant Exercise Price:    

$0.15 for a two year period



Number of Placees:        

36 Placees



Insider / Pro Group Participation:







Name                                                              

Insider=Y / ProGroup=P                                  

# of Shares

Rampton Resource Group Inc.

Y                                                       

1,200,000

(Vern Rampton)



JSA Geoconsulting International Inc.         

Y                                                           

25,000

(Jeff Ackert)



AJM Investco Pty Ltd.                            

Y                                                         

625,000

(Antony Manini)



Antman Holdings Pty Ltd.                  

Y                                                         

750,000

(Antony Manini)



Wallbridge Mining Company Limited

Y                                                         

800,000




Finder's Fee:

an aggregate of $1,890, plus 23,625 finder's warrants, each exercisable at a price of $0.08 for a period of 2 years into one common share and one half of one warrant (each full warrant further exercisable into one common share at the same terms as above), payable to Haywood Securities and NCBN

 

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.

________________________________________

EAST AFRICA METALS INC. ("EAM")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  March 9, 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 and March 7, 2017:

Number of Shares:                   

20,000,000 shares



Purchase Price:                        

$0.26 per share



Warrants:                                 

10,000,000 share purchase warrants to purchase 10,000,000 shares



Warrant Exercise Price:             

$0.45 for an eighteen-month period



Number of Placees:                  

1 Placee



Insider / Pro Group Participation:




Name                                                              

Insider=Y / ProGroup=P                                  

# of Shares

Tianye Jirui Gold Limited

Y                        

20,000,000

(Zhaoqin Zeng)






Finder's Fee:

$208,000 cash payable to Brookstone Capital Limited (Feipeng Xu)

 

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.

________________________________________

EAST ASIA MINERALS CORPORATION ("EAS")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  March 9, 2017
TSX Venture Tier 2 Company

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

Number of Shares:               

94,000,000 shares



Purchase Price:                    

$0.01 per share



Warrants:                        

47,000,000 share purchase warrants to purchase 47,000,000 shares



Warrant Exercise Price:          

$0.05 for a five year period



Number of Placees:             

20 Placees



Insider / Pro Group Participation:




Name

Insider=Y /
ProGroup=P

# of Shares

Tocqueville Gold Fund

Y

66,425,000


(John Hathaway)






Aggregate Pro Group Involvement

P

12,000,000


[7 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.

________________________________________

GOLDQUEST MINING CORP. ("GQC")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE: March 9, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 6, 2017:

Number of Shares:

38,100,000 shares



Purchase Price:            

$0.60 per share



Number of Placees:   

1 Placee



Insider / Pro Group Participation:




Name

Insider=Y /

ProGroup=P

# of Shares

Agnico Eagle Mines Limited

Y                               

38,100,000

 

The Company issued a news release on March 8, 2017 confirming closing of the private placement.

________________________________________

PARALLEL MINING CORP. ("PAL")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  March 9, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation related to the transaction agreement dated April 25, 2015 as amended on July 21, 2015, October 29, 2015, December 22, 2015 and April 26, 2016 (the "Transaction Agreement") with 0909189 B.C. LTD. ("0909189") and the shareholders of 0909189 (the "0909189 Shareholders") pursuant to which Parallel Mining Corp.(the Company") agreed to purchase all of the issued and outstanding common shares of 0909189 (the "0909189 Shares") from the 0909189 Shareholders in exchange for common shares of the Company ("Parallel Shares") on a one Parallel Share for one 0909189 Share basis (the "Share Exchange"). The 0909189 Shareholders hold an aggregate of 7,590,000 0909189 Shares, representing all of the issued and outstanding 0909189 Shares.

Pursuant to a property option agreement (the "Garsay Option Agreement") dated January 30, 2015 between Paré Karim (the "Optionor") and 0909189, the Optionor agreed to grant 0909189 the exclusive right and option to acquire 100% of certain rights, titles and interests to the exploration permit licenses located in the province of Soum of Burkina Faso (the "Property"), subject to a 1% net smelter returns royalty (the "NSR").

Inconsideration of the transaction the company will issue 7,590,000 shares to the shareholders of 0909189, and will pay US$ 1,180,000 to the Optionor, on the following schedule:

  • Year 1   USD$80,000
  • Year 2   USD$100,000
  • Year 3   USD$1,000,000

The transaction was closed on March 8, 2017

Insider / Pro Group Participation:

Name

Insider=Y /

ProGroup=P

 # of Shares

Dante Capital (Stephen Fabbro)

P                                                                      

1,100,000

Allan Fabbro

Y                                                                          

990,000

Stephen Wilkinson

Y                                                                          

300,000

 

Further information on the transaction is available on the company's SEDAR profile in news releases dated April 28, 2015, February 16, 2016, March 11, 2016, April 29, 2016 and March 8, 2017

________________________________________

PULSE OIL CORP. ("PUL")
BULLETIN TYPE:  Graduation from NEX to TSX Venture, Symbol Change, Correction
BULLETIN DATE: March 9, 2017
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange Bulletin dated March 6, 2017, the Bulletin should have read as follows:

1. Graduation from NEX to TSX Venture, Symbol Change

The Company has met the requirements to be listed as a TSX Venture Tier 2 Company.  Therefore, effective on Tuesday, March 7, 2017, the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to Calgary.

Effective at the opening, Tuesday, March 7, 2017, the trading symbol for the Company will change from PUL.H to PUL. 

_______________________________________

QUANTUM INTERNATIONAL INCOME CORP ("QIC")
BULLETIN TYPE:  Halt
BULLETIN DATE:  March 9, 2017
TSX Venture Tier 2 Company

Effective at 4:55 a.m. PST, March 9, 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.

________________________________________

SAINT JEAN CARBON INC. ("SJL")
BULLETIN TYPE:  Halt
BULLETIN DATE:  March 9, 2017
TSX Venture Tier 2 Company

Effective at 7:43 a.m. PST, March 9, 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.

________________________________________

SANTACRUZ SILVER MINING LTD. ("SCZ")
BULLETIN TYPE:  Miscellaneous
BULLETIN DATE:  March 9, 2017May 11, 2001
TSX Venture Tier 2 Company

Pursuant to Santacruz Silver Mining Ltd.'s (the "Company") assignment of the San Felipe property, Mexico (the "Property") to America Silver Corporation, the Company will issue 390,000 shares to Haywood Securities Inc. "Haywood") pursuant to a financial advisory agreement between the Company and Haywood dated December 21, 2016, as amended February 15, 2017.

Please refer to the Company's news release date March 2, 2017 for further information.

________________________________________

SOCIÉTÉ D'EXPLORATION MINIÈRE VIOR INC. ("VIO")
BULLETIN TYPE:  Notice of Distribution
BULLETIN DATE:  March 9, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange Inc. (the "Exchange") has accepted for filing the notice of distribution of Société d'exploration minière Vior Inc. ( "Vior").

On the Payable Date, Vior will distribute 13,796,955 common shares of Aurvista Gold Corp. (TSXV: AVA) ("Aurvista") to Vior's shareholders as of the Record Date on a pro rata basis.

Dividend per 1 Share:

0.45 Aurvista Share *

Payable Date:

March 20, 2017

Record Date:

March 15, 2017

Ex-Distribution Date:

March 21, 2017

Due Bill Redemption Date:

March 23, 2017



* The dividend per share ratio is subject to adjustment based on the number of shares of Vior to be issued until the record date.

 

DUE BILL TRADING:

Vior has declared a distribution of 0.45 Aurvista shares for every one common share of Vior held which is payable on March 20, 2017 to shareholders of record as at the close of business on March 15, 2017. The common shares of Vior will commence trading on a "due bill" basis effective from the opening of March 13, 2017 until March 20, 2017 inclusively.  Sellers of the shares from March 13, 2017 to and including March 20, 2017 will not be entitled to the distribution.  The shares will commence trading on an ex-distribution basis effective at the opening on Tuesday, March 21, 2017.

For more information, please refer to the Company's news release dated March 7, 2017.

SOCIÉTÉ D'EXPLORATION MINIÈRE VIOR INC. (« VIO »)
TYPE DE BULLETIN :  Avis de distribution
DATE DU BULLETIN :  Le 9 mars 2017
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX (la « Bourse ») a accepté de dépôt d'avis de distribution de Société d'exploration minière Vior Inc. (« Vior »).

À la date du versement, Vior distribuera 13 796 955 actions ordinaires de Aurvista Gold Corp. (TSXV: AVA) (« Aurvista ») aux actionnaires de Vior en date de la date de clôture des registres sur une base proportionnelle.

Dividende par 1 action :

0,45 action de Aurvista *

Date du versement :                                                                         

Le 20 mars 2017

Date de clôture des registres :                                                         

Le 15 mars 2017

Date ex- distribution  :                                                                     

Le 21 mars 2017

La date de remboursement des effets payables :         

Le 23 mars 2017



* Le ratio du dividende par action est sujet à ajustement basé sur le nombre d'actions de la société à être émises jusqu'à la date de clôture des registres.

 

NÉGOCIATION D'EFFETS PAYABLES

Vior a déclaré une distribution de 0,45 action de  Aurvista pour chaque action ordinaire de Vior qui est payable le 20 mars 2017 aux actionnaires aux registres à la fermeture des affaires le 15 mars 2017. La négociation sur une base «effets payables» des actions ordinaires de Vior commencera, à compter de l'ouverture des marchés le 13 mars 2017 jusqu'au 20 mars 2017 inclusivement. Les vendeurs des actions du 13 mars 2017 au 20 mars 2017 inclusivement n'auront pas droit à la distribution. Les actions commenceront à être négociées sur une base ex-distribution à l'ouverture des affaires le mardi 21 mars 2017.

Pour plus d'information, veuillez vous référer au communiqué de presse de la société émis le 7 mars 2017.

________________________________________

WEALTH MINERALS LTD. ("WML")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  March 9, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation a Letter of Intent dated December 12, 2016 between Wealth Minerals Ltd. (the "Company") and various arm's length Vendors (the "Vendors"), whereby the Company has option to acquire a 100% interest in several mineral exploration concessions referred to as the Laguna Verde project, located in Region III, northern Chile.  In consideration, the Company will pay US$5,000,000 in cash ($1,700,000 in the first year) and issue a total of 7,000,000 shares (2,000,000 shares in the first year) to the Vendors over four years.  There will be finder's fee payable in stages to Macarena Antonia Godomar Ferrer in shares, a total of 672,322 shares (95,170 shares in the first year) over four years.

________________________________________

ZENITH ENERGY LTD. ("ZEE")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  March 9, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 505,263 common shares at a deemed price of $0.1425 to settle outstanding debt for $72,000 owed to a service provider for services rendered.

Number of Creditors:

1 Creditor



Insider / Pro Group Participation:

None



Warrants:           

None

 

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

________________________________________

ZOMEDICA PHARMACEUTICALS CORP. ("ZOM")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  March 9, 2017
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 43,613 common shares at a deemed price of $1.50 per share to settle outstanding debt for US$50,000 owed to a service provider for services rendered.

Number of Creditors:

1 Creditor



Insider / Pro Group Participation:

None



Warrants:                          

None

 

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

________________________________________

NEX COMPANIES

BENZ MINING CORP. ("BZ.H")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  March 9, 2017
NEX Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 22, 2017:

Number of Shares:                  

4,166,664 shares



Purchase Price:                     

$0.12 per share



Warrants:                                

4,166,664 share purchase warrants to purchase 4,166,664 shares



Warrant Exercise Price:          

$0.15 for a one year period



Number of Placees:               

29 Placees



Insider / Pro Group Participation:




 

Name

Insider=Y /

ProGroup=P

# of Shares

Michael Konnert

Y

100,000

Miloje Vicentijevic

Y

500,000

                                                                                                                                               

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release dated March 8, 2017 announcing the closing of the private placement and setting out the expiry dates of the hold period(s).

________________________________________

CANAM COAL CORP. ("COE.H")
BULLETIN TYPE:  Delist
BULLETIN DATE:  March 9, 2017
NEX Company

Effective at the close of business on Friday, March 10, 2017, the common shares of CanAm Coal Corp. (the "Company") will be delisted from the TSX Venture Exchange as a result of the Company's failure to maintain Exchange Requirements.

_______________________________________

KAROO EXPLORATION CORP. ("KE.H")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: March 9, 2017
NEX Company

The Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission dated May 10, 2016 has been revoked.

Effective at the opening, Friday, March 10, 2017, trading will be reinstated in the securities of the Company.

_______________________________________

SOURCE TSX Venture Exchange

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


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