TSX Venture Exchange Daily Bulletins

VANCOUVER, May 25, 2017 /CNW/ -

TSX VENTURE COMPANIES

ALABAMA GRAPHITE CORP. ("CSPG")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 25, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 26, 2017 and May 3, 2017:

Number of Shares:

8,840,000 shares


Purchase Price:

$0.15 per share


Warrants:

8,840,000 share purchase warrants to purchase 8,840,000 shares


Warrant Exercise Price:

$0.20 for a three year period


Number of Placees:

26 Placees


Insider / Pro Group Participation:

 


Insider=Y /


Name

ProGroup=P

# of Shares




1163863 Ontario Ltd.

 Y

2,666,666

(Donald Baxter)






Dinwoodie Consulting Ltd.

 Y

1,000,000

(Tyler Dinwoodie)



 

Finder's Fee:

An aggregate of $21,506 in cash and 143,150 broker warrants payable to M Partners Inc., Shanmuganthan Nagasundaram and SRC Swiss Resource Capital Ag. Each broker warrant entitles the holder to acquire one unit at $0.15 for a three year period.

 

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued news releases announcing the closings 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.

________________________________________

ANTIBE THERAPEUTICS INC. ("ATE")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  May 25, 2017
TSX Venture Tier 2 Company

Effective at 9:00 a.m. PST, May 25, 2017, shares of the Company resumed trading, an announcement having been made.

________________________________________

ARCTIC HUNTER ENERGY INC. ("AHU")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 25, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced March 20, 2017:

Number of Shares:

5,585,000 shares


Purchase Price:

$0.10 per share


Warrants:

5,585,000 share purchase warrants to purchase 5,585,000 shares


Warrant Exercise Price:

$0.15 for a two year period


Number of Placees:

15 Placees


Insider / Pro Group Participation:

 


Insider=Y /


Name

ProGroup=P

# of Shares




Tim Coupland

 Y

200,000

T8X Capital Ltd. (Tim Coupland)

 Y

150,000

Lawrence Ilich

 Y

100,000

Gordon Steblin

 Y

30,000




Aggregate Pro Group Involvement

 P

225,000


[2 Placee(s)]



 

Finder's  Fee:

Dave Lorne - $3,880.00 and 38,800 Finder's Warrants exercisable into common shares at $0.15 per share for a two year period.




Canaccord Genuity Corp. - $35,200.00 and 352,000 Finder's Warrants exercisable into common shares at $0.15 per share for a two year period.

 

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a closing news release dated May 2, 2017 announcing the closing of the first tranche 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.

________________________________________

AURORA CANNABIS INC. ("ACB")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 25, 2017
TSX Venture Tier 2 Company

Effective at 4:31 a.m. PST, May 25, 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.

________________________________________

BLACK DRAGON GOLD CORP. ("BDG")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  May 25, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Mar 29, 2017:

Convertible Debenture

$251,000.00



Initial Conversion Price:

$0.055 per common share



Term of Maturity:

2 Years



Interest Rate:

15% per annum payable at maturity



Warrants:                           

4,563,431 share purchase warrants to purchase 4,563,431 shares



Initial Exercise Price:

$0.11 The warrants are subject to an accelerated exercise provision in the event the volume weighted average trading price is $0.22 for 7 consecutive trading days.



Term to Expiry:

2 Years



Number of Placees:

1 Placee


Finder's Fee:

Lionsbridge Capital Pty Ltd.

570,454 shares

 

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.

________________________________________

CVR MEDICAL CORP. ("CVM")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  May 25, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 243,850 shares at a deemed value of $0.3375 per share to settle outstanding debt for $82,300.

Number of Creditors:                 1 Creditor

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

________________________________________

EIGHT SOLUTIONS INC. ("ES")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 25, 2017
TSX Venture Tier 2 Company

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

Number of Shares:

500,000 shares


Purchase Price:

$0.09 per share


Number of Placees:

1 Placee       

 

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.

________________________________________

EMERALD BAY ENERGY INC. ("EBY")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: May 25, 2017
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange Bulletin dated May 05, 2016, the Exchange has been advised that the Cease Trade Orders, issued by the Alberta Securities Commission dated May 5, 2016 and May 8, 2017 have been revoked.

Effective at the opening, Friday, May 26, 2017, trading will be reinstated in the securities of the Company.

_________________________________________

GLOBAL DAILY FANTASY SPORTS INC. ("DFS")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 25, 2017
TSX Venture Tier 2 Company

Effective at 4:24 a.m. PST, May 25, 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.

________________________________________

GREAT LAKES GRAPHITE INC. ("GLK")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 25, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 16, 2017:

Number of Shares:

2,212,500 shares


Purchase Price:

$0.08 per share


Warrants:

2,212,500 share purchase warrants attached to purchase 2,212,500 shares


Warrant Exercise Price:

$0.10 for a two year period


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). 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.

________________________________________

KENADYR MINING (HOLDINGS) CORP. ("KEN")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 25, 2017
TSX Venture Tier 2 Company

Effective at 6:09 a.m. PST, May 25, 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.

________________________________________

LUPAKA GOLD CORP. ("LPK")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 25, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 19, 2017:

Number of Shares:

2,000,000 shares



Purchase Price:

$0.15 per share



Warrants:

2,000,000 share purchase warrants to purchase 2,000,000 shares



Warrant Initial Exercise Price:

$0.23



Warrant Term to Expiry:

3 Years



Number of Placees:

8 Placees


Insider / Pro Group Participation:




Name

Insider=Y /
Pro-Group=P

# of Shares

Gordon Ellis

 Y

66,667

Darryl Jones

 Y

667,000

Stephen Silbernagel                                   

 Y

120,000

 

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.

________________________________________

NORTH ARROW MINERALS INC. ("NAR")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 25, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 02, 2017:

Number of Shares:

20,000,000 shares



Purchase Price:

$0.25 per share



Warrants:

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



Warrant Initial Exercise Price:

$0.40



Warrant Term to Expiry:

3 Years



Number of Placees:

18 Placees 


Insider / Pro Group Participation:




Name

Insider=Y /
Pro-Group=P

# of Shares

Blair Murdoch

Y

400,000

Christopher Jennings

Y

800,000

Ken Armstrong

Y

50,000

Anglo Celtic Exploration Ltd.

Y

400,000


(D. Grenville Thomas)



Ross Beaty

Y

8,000,000

Electrum Strategic Opportunities Fund L.P.

Y

8,000,000


(Michael Williams)



Aggregate Pro-Group Involvement [3 Placees]

P

750,000

 

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.

________________________________________

NORTHERN VERTEX MINING CORP. ("NEE") ("NEE.DB")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 25, 2017
TSX Venture Tier 2 Company

Effective at 10:03 a.m. PST, May 25, 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.

________________________________________

PURE MULTI-FAMILY REIT LP ("RUF.U")("RUF.UN")
BULLETIN TYPE:  Notice of Distribution
BULLETIN DATE:  May 25, 2017
TSX Venture Tier 1 Company

The Issuer has declared the following distributions:

Distribution per US Class Unit:

US$0.03125

Distribution per CDN Class Unit:

US$0.03125

Payable Date:

June 15, 2017

Record Date:

May 31, 2017

Ex-distribution Date:

May 29, 2017           

 

________________________________________

PRO REAL ESTATE INVESTMENT TRUST ("PRV.UN")
BULLETIN TYPE:  Notice of Distribution
BULLETIN DATE:  May 25, 2017
TSX Venture Tier 1 Company

The Issuer has declared the following distribution: 

Distribution per Unit:

$0.0175

Payable Date:

June 15, 2017

Record Date:

May 31, 2017

Ex-distribution Date:                    

May 29, 2017

 

________________________________________

RAINY MOUNTAIN ROYALTY CORP. ("RMO")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  May 25, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for expedited filing documentation pertaining to a Memorandum of Understanding dated March 2, 2017 between Rainy Mountain Royalty Corp. (the 'Company') and Mattagami First Nation, pursuant to which the Company will issue 50,000 shares.

________________________________________

RAZOR ENERGY CORP. ("RZE")
BULLETIN TYPE:  Prospectus- Subscription Receipts Offering
BULLETIN DATE:  May 25, 2017
TSX Venture Tier 2 Company

Subscription Receipts Offering
The Company's Short Form Prospectus dated May 4, 2017 was filed with and accepted by TSX Venture Exchange and filed with and receipted by the Alberta and Ontario Securities Commissions on May 4, 2017.  The prospectus has been filed under Multilateral Instrument 11-102 Passport System in British Columbia.  A receipt for the prospectus is deemed to be issued by the regulator in each of those jurisdictions, if the conditions of the Instrument have been satisfied.

TSX Venture Exchange has been advised that closing will occur on May 15, 2017, for gross proceeds of $17,250,000 including the Greenshoe Option.

Agent:

Haywood Securities Inc


Jett Capital Advisors, LLC


Canaccord Genuity Corp


Eight Capital


National Bank Financial Inc.


Acumen Capital Finance Partners Limited and


Macquarie Capital Markets Canada Ltd.


Offering:

5,000,000 subscription receipts ("Receipts")


Upon closing of the Company's acquisition transaction (the "Acquisition"), each Receipt will entitle the holder thereof to receive, without payment of additional consideration or any further action on the part of the holder thereof, one common share ("Share") and one-half of one common share purchase warrant ("Warrant") upon satisfaction of the Escrow release conditions and release of the escrowed funds in connection with the closing of the acquisition. Each whole Warrant will entitle the holder to acquire one Share at an exercise price of $3.50 for 12 months following closing of the acquisition.



Share Price:

$3.00 per Receipt



Underwriter's  Commission:

Cash commission equal to 6.0% of the gross proceeds of the Offering to be paid to the Agents.


Greenshoe Option:

The Agents may over-allot the Receipts in connection with this offering and the Company has granted to the Agents, an option to purchase up to an additional 750,000 Receipts at a price of $3.00 per Receipt at any time within 30 days following the closing date of the Offering.

 

For further information, please refer to the Company's Prospectus dated May 4, 2017 and the closing press release dated May 15, 2017.

________________________________________

RIZAL RESOURCES CORPORATION ("RZL")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  May 25, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced December 23, 2016:

Convertible Debenture

AUD$1,900,000 (CDN$1,918,240)


Conversion Price:

Convertible into units consisting of one common share and one common share purchase warrant at CDN$0.05 of principal outstanding.


Maturity date:

December 31, 2017


Warrants

Each warrant will have a term of three years from the date of issuance of the notes and entitle the holder to purchase one common share at the price of CDN$0.06.


Interest rate:

12% per annum, capitalized and payable on redemption or conversion.


Number of Placees:

12 Placees              


Insider / Pro Group Participation:





Insider=Y /


Name

ProGroup=P

# of Shares




Peter Main

 Y

 AUD$100,000

Consolidated Explosives Group Corporation




(Bartolo Monforte)

 Y

 AUD$1,500,000






Finder's Fee:                

Azure Capital Limited receives AUD$57,000


Claymore Capital Pty Ltd. receives $38,000

 

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 on April 14, 2017. [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.]

________________________________________

RYU APPAREL INC. ("RYU")
BULLETIN TYPE:  Shares for Bonuses
BULLETIN DATE:  May 25, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 113,036 bonus shares to Martyn Element in consideration of services provided pursuant to a Consulting Agreement dated March 28, 2017.

________________________________________

SOLARVEST BIOENERGY INC. ("SVS")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE:  May 25, 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:

300,000

Original Expiry Date of Warrants:

June 4, 2017

New Expiry Date of Warrants:

June 4, 2018


# of Warrants:

100,000

Original Expiry Date of Warrants:

August 4, 2017

New Expiry Date of Warrants:

August 4, 2018


# of Warrants:

200,000

Original Expiry Date of Warrants:

October 5, 2017

New Expiry Date of Warrants:

October 5, 2018


Exercise Price of Warrants:

$0.35

 

These warrants were issued pursuant to a private placement of 600,000 shares with 600,000 share purchase warrants attached, which was accepted for filing by the Exchange effective January 29, 2016.

________________________________________

SUNSET PACIFIC PETROLEUM LTD. ("SPK")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: May 25, 2017
|
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange Bulletin dated May 5, 2017, the Exchange has been advised that the Cease Trade Order, issued by the British Columbia Securities Commission dated May 5, 2017 has been revoked.

Effective at the opening, Friday, May 26, 2017, trading will be reinstated in the securities of the Company.

_________________________________________

TANGO MINING LIMITED ("TGV")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  May 25, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 750,000 shares to settle outstanding debt of $37,500.

Number of Creditors:                 2 Creditors

Insider / Pro Group Participation:

 


Insider=Y / 

Amount

Deemed Price


Creditor

Progroup=P

Owing

per Share

# of Shares

Wiklow Corporate Services Inc.

Y

$15,000

$0.05

300,000

 

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

________________________________________

VANSTAR MINING RESOURCES INC. ("VSR")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  May 25, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal for the conversion of a $75,000 outstanding debt in convertible debentures.

Convertible Debentures:

$75,000


Conversion Price:

Principal is convertible into common shares at a minimum conversion price of $0.10 per share.



Maturity Date:

36 months


Interest Rate:

10%


Number of Placees:

2 Placees


Insider / Pro Group Participation:

Nil                    

 

The Company announced that settlement of debt in a news release dated May 4, 2017.

RESSOURCES MINIÈRES VANSTAR INC. (« VSR »)
TYPE DE BULLETIN : Émission d'actions en règlement d'une dette
DATE DU BULLETIN : Le 25 mai 2017
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX (la « Bourse ») a accepté le dépôt de la documentation de la société en vertu d'un règlement de dettes totalisant 75 000 $ en débentures convertibles.

Débentures convertibles :

75 000 $


Prix de conversion :            

Prix de conversion minimum de 0,10 $ par action.             


Date d'échéance :

 36 mois


Taux d'intérêt :

10%


Nombre de souscripteurs :

 2 souscripteurs


 

Participation Initié / Groupe Pro : Aucun

La société a annoncé ce règlement de dette dans le communiqué de presse daté du 4 mai 2017.

_______________________________________

WESTHAVEN VENTURES INC. ("WHN")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  May 25, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation relating to a property purchase agreement dated May 17, 2017 between the Company, Strongbow Exploration Inc. and Almadex Minerals Limited whereby the Company will acquire 100% of the Skoonka creek gold property located within the Spences Bridge Gold Belt, British Columbia in consideration of 2,000,000 common shares.

________________________________________

ZADAR VENTURES LTD. ("ZAD")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 25, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 1, 2017:

Number of Shares:

10,536,800 shares


Purchase Price:

$0.10 per share


Warrants:

10,536,800 share purchase warrants to purchase 10,536,800 shares


Warrant Exercise Price:

$0.20 for a two year period


Number of Placees:

13 Placees

________________________________________

NEX COMPANIES

CERRO MINING CORP. ("CRX.H")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  May 25, 2017
NEX Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,286,009 shares at a deemed value of $0.05 per share to settle outstanding debt for $64,300.45.

Number of Creditors:                 2 Creditors

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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