VANCOUVER, Dec. 16 /CNW/ -
TSX VENTURE COMPANIES:
AGRITEC SYSTEMS, INC. ("AGR")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 300,000 bonus shares at a deemed price of $0.05 to two Insiders as part of their compensation package:
| Shares | Price per Share | ||||||||||||||||
| Willy Verbrugghe Greg Wellen |
200,000 100,000 |
$0.05 $0.05 |
This compensation package was disclosed in the Company's press release dated September 24, 2009.
________________________________________
ALLANA POTASH CORP. ("AAA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 30, 2010:
| Number of Shares: | 24,300,000 shares | |||||
| Purchase Price: | $0.51 per share | |||||
| Number of Placees: | 1 placee |
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).
________________________________________
ANTARES MINERALS INC. ("ANM")
BULLETIN TYPE: Halt
BULLETIN DATE: December 16, 2010
TSX Venture Tier 1 Company
Effective at 9:28 a.m. PST, December 16, 2010, trading in the shares of the Company was halted at the request of the Company, pending an announcement; 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.
________________________________________
ARCTIC STAR DIAMOND CORP. ("ADD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. has accepted for filing documentation in connection with a letter of intent dated November 12, 2010 (the "Letter Agreement") among Arctic Star Diamond Corp. (the "Company"), Zimtu Capital Corp. ("Zimtu") and David Javorsky ("Javorsky") (Zimtu and Javorsky together are the "Vendors"). Under the Letter Agreement, the Company has agreed to purchase 100% of the mineral claims known as the Javorsky properties. As consideration for the interest in the Javorsky properties the Company will:
- pay $25,000 to the Vendors on the issuance of this bulletin;
- pay $25,000 to the Vendors on the first anniversary of this bulletin; and
- issue 2,000,000 common shares to the Vendors as to 1,000,000 on the issuance of this bulletin and as to 1,000,000 on the first anniversary of this bulletin.
The Vendors will retain a 2% Net Smelter Royalty on the Javorsky properties.
For further information see the Company's news release dated November 17, 2010 which is available under the Company's profile on SEDAR.
________________________________________
ARCTIC STAR DIAMOND CORP. ("ADD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. has accepted for filing documentation in connection with a letter of intent dated November 12, 2010 (the "Letter Agreement") among Arctic Star Diamond Corp. (the "Company"), Zimtu Capital Corp. ("Zimtu") and 877384 Alberta Ltd. ("877384") (Zimtu and 877384 together the "Vendors"). Under the Letter Agreement, the Company has agreed to purchase 60% of the mineral claims known as the Cap and Seebach properties. As consideration for the interest in the Cap and Seebach properties the Company will:
- pay $25,000 to the Vendors on signing of the Letter Agreement (paid);
- pay $150,000 to the Vendors on the issuance of this bulletin;
- issue 5,000,000 common shares to the Vendors on issuance of this bulletin; and
- incur a total of $5,000,000 in exploration expenditures on the Cap and Seebach properties as to:
| (a) $500,000 in the first year of the Letter Agreement; (b) $2,250,000 in the second year of the Letter Agreement; and (c) $2,250,000 in the third year of the Letter Agreement. |
The Vendors will retain a 2% Net Smelter Royalty on the Cap and Seebach properties.
For further information see the Company's news release dated November 17, 2010 which is available under the Company's profile on SEDAR.
________________________________________
ARCTURUS VENTURES INC. ("AZN")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,217,650 shares at a deemed price of $0.105 per share to settle outstanding debt for $127,853.
| Number of Creditors: | 5 Creditors | |||||||||||||||
| Insider / Pro Group Participation: | ||||||||||||||||
| Creditor |
Insider=Y / Progroup=P |
Amount Owing |
Deemed Price per Share |
# of Shares |
||||||||||||
| Ketza Enterprises Ltd. (Blake Macdonald) Blake Macdonald Shiraz Hussein (Razzle & Company) Pelly River Ventures Ltd. (Brandon Macdonal) |
Y Y Y Y |
$32,500 $19,883 $44,550 $3,650 |
$0.105 $0.105 $0.105 $0.105 |
309,521 189,376 424,283 34,760 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
BLACKSTEEL ENERGY INC. ("BEY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 12, 2010:
| Number of Shares: |
708,400 shares 291,363 flow-through shares |
|
|||
| Purchase Price: |
$0.45 per unit $0.55 per flow-through share |
|
|||
| Warrants: | 708,400 share purchase warrants to purchase 708,400 shares | ||||
| Warrant Exercise Price: | $0.60 for a two year period | ||||
| Number of Placees: | 38 placees | ||||
| Insider / Pro Group Participation: | |||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||
| Walter Wakula The Hoff Inc. (Chris Scase) Jacques Soroka |
Y Y Y |
10,000 Units 10,000 Units 10,000 Units |
|||
| Finder's Fee: | Canaccord Genuity Corporation - $36,210.37 cash and 74,630 finder's warrants |
Each Finder's warrant is exercisable into one common share of the Company at an exercise price of $0.45 per share for one year after closing.
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.
________________________________________
BLACKSTONE VENTURES INC. ("BLV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 14, 2010:
| Number of Shares: | 11,916,666 shares | |||||
| Purchase Price: | $0.06 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.
________________________________________
BTB REAL ESTATE INVESTMENT TRUST ("BTB.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: December 16, 2010
TSX Venture Tier 1 Company
The Issuer has declared the following distribution:
| Distribution per Trust Unit: Payable Date: Record Date: Ex-Distribution Date: |
$0.0067 January 14, 2011 December 31, 2010 December 29, 2010 |
________________________________________
CANADIAN INTERNATIONAL MINERALS INC. ("CIN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Correction
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletin dated December 8, 2010 with respect to the Option Agreement dated November 22, 2010 between Rudolf Wahl and Mike Dorval in connection with the mineral claims located in the Killala Lake and Cairngorm Lake Township, Thunder Bay Mining Division, Ontario, the cash consideration should have been for $165,000, not $115,050. The balance of the consideration of 3,100,000 common shares and $380,000 in exploration expenditures over a five year period is unchanged.
________________________________________
CAROLINA CAPITAL CORP. ("CQC.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
Effective at the opening, December 16, 2010, shares of the Company resumed trading, an announcement having been made over Market News Publishing.
________________________________________
CAYDEN RESOURCES INC. ("CYD")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
Effective at the opening, December 16, 2010, shares of the Company resumed trading, an announcement having been made over StockWatch.
________________________________________
CERVUS EQUIPMENT CORPORATION ("CVL")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: December 16, 2010
TSX Venture Tier 1 Company
The Issuer has declared the following dividend:
| Dividend per Trust Unit: Payable Date: Record Date: Ex-Dividend Date: |
$0.18 January 15, 2011 December 31, 2010 December 29, 2010 |
________________________________________
CRESO EXPLORATION INC. ("CXT")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 50,000 common shares at a deemed price of $0.73 per share, to settle an outstanding debt for services of $36,500.
| Number of Creditors: | 1 creditor |
The Company has issued a news release dated December 6, 2010, in connection with that shares for services.
EXPLORATION CRESO INC. (« CXT »)
TYPE DE BULLETIN : Émission d'actions en contrepartie de services fournis
DATE DU BULLETIN : Le 16 décembre 2010
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation de la société en vertu de l'émission proposée de 50 000 actions ordinaires au prix réputé de 0,73 $ l'action, en règlement d'une dette en contrepartie de services fournis de 36 500 $.
| Nombre de créanciers : | 1 créancier |
La société a émis un communiqué de presse daté du 6 décembre 2010 relativement à ce règlement d'une dette en contrepartie de services fournis.
________________________________________
DRAKO CAPITAL CORP. ("DKC.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
Effective at 8:39 a.m., PST, December 16, 2010, trading in the shares of the Company is resumed.
________________________________________
ECHO ENERGY CANADA INC. ("EEI.H")
[formerly Echo Energy Canada Inc. ("EEI")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: December 16, 2010
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 Friday, December 17, 2010, 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 Toronto to NEX.
As of December 17, 2010, 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 EEI to EEI.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 2, 2010, trading in the Company's securities will remain suspended.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
_______________________________________
ECOMETALS LIMITED ("EC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 2, 2010:
| Number of Shares: | 5,731,666 shares | |||||
| Purchase Price: | $0.15 per share | |||||
| Warrants: | 5,731,666 share purchase warrants to purchase 5,731,666 shares | |||||
| Warrant Exercise Price: | $0.25 for a two year period | |||||
| Number of Placees: | 19 placees | |||||
| Finder's Fee: | An aggregate of 306,133 finders' units payable to General Research GmbH and DD Mercantile Corp. Each finder's unit consists of one common share and one non-transferrable common share purchase warrant, exercisable into one common share at $0.25 for a two 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.
For further details, please refer to the Company's news releases dated October 18, 2010 and December 10, 2010.
________________________________________
EFT CAPITAL INC. ("EFT")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
The Issuer has declared the following dividend:
| Dividend per Share: Payable Date: Record Date: Ex-Dividend Date: |
$0.0025 December 31, 2010 December 21, 2010 December 17, 2010 |
________________________________________
FALCON OIL & GAS LTD. ("FO")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,000,000 shares at a deemed price of $0.16 per share to settle outstanding debt for $160,000.
| Number of Creditors: | 1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
GALWAY RESOURCES LTD. ("GWY")
BULLETIN TYPE: Halt
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
Effective at 9:31 a.m. PST, December 16, 2010, trading in the shares of the Company was halted at the request of the Company, pending an announcement; 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.
________________________________________
GEM INTERNATIONAL RESOURCES INC. ("GI")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
Effective at the opening, December 16, 2010, shares of the Company resumed trading, an announcement having been made over StockWatch.
________________________________________
GETTY COPPER INC. ("GTC")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,400,000 shares, in consideration of certain services provided to the Company pursuant to a letter of intent ("LOI") dated September 15, 2010. In this LOI, it was proposed that Effisolar Energy Ltd. ("Effisolar") could earn up to a 51% interest in the Getty property (the "Property") upon completing certain conditions. Due to the length of time of negotiations for a formal agreement to be completed, the parties entered into a binding interim agreement, whereby Effisolar would fund a $420,000 work program on the Property. Within this agreement, the parties agreed that if a formal option and joint venture agreements were not signed by December 15, 2010, the Company would issue a total of 1,400,000 shares to Effisolar. Since this deadline has passed, the Company has issued the 1,400,000 shares.
Insider / Pro Group Participation: N/A
________________________________________
HY-DRIVE TECHNOLOGIES LTD. ("HGS")
BULLETIN TYPE: Halt
BULLETIN DATE: December 16, 2010
TSX Venture Tier 1 Company
Effective at 6:30 a.m. PST, December 16, 2010, trading in the shares of the Company was halted at the request of the Company, pending an announcement; 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.
________________________________________
HY-DRIVE TECHNOLOGIES LTD. ("HGS")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 16, 2010
TSX Venture Tier 1 Company
Effective at 8:00 a.m., PST, December 16, 2010, shares of the Company resumed trading, an announcement having been made over Canada News Wire.
________________________________________
ICN RESOURCES LTD. ("ICN")
BULLETIN TYPE: Halt
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
Effective at 7:34 a.m. PST, December 16, 2010, trading in the shares of the Company was halted at the request of the Company, pending an announcement; 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.
________________________________________
ICN RESOURCES LTD. ("ICN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
Effective at 10:00 a.m., PST, December 16, 2010, shares of the Company resumed trading, an announcement having been made over StockWatch.
________________________________________
KRIA RESOURCES LTD. ("KIA")
BULLETIN TYPE: Halt
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
Effective at 9:02 a.m. PST, December 16, 2010, trading in the shares of the Company was halted at the request of the Company, pending an announcement; 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.
________________________________________
MUSGROVE MINERALS CORP. ("MGS")
[formerly Journey Resources Corp. ("JNY")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders November 23, 2010, the Company has consolidated its capital on an 8 old for 1 new basis. The name of the Company has also been changed as follows.
Effective at the opening Friday, December 17, 2010, the common shares of Musgrove Minerals Corp. will commence trading on TSX Venture Exchange, and the common shares of Journey Resources Corp. will be delisted. The Company is classified as a 'Mineral Exploration/Development' company.
| Post - Consolidation Capitalization: Escrow: |
Unlimited 14,591,631 45,358 |
shares with no par value of which shares are issued and outstanding shares |
|||||
| Transfer Agent: | Computershare Trust Company of Canada | ||||||
| Trading Symbol: CUSIP Number: |
MGS 627511 10 8 |
(new) (new) |
|||||
________________________________________
NORTHERN SPIRIT RESOURCES INC. ("NS")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 391,000 shares to settle outstanding debt for $58,650.
| Number of Creditors: | 1 Creditor |
No Insider / Pro Group Participation
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
OCEANUS RESOURCES CORPORATION ("OCN.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
The Capital Pool Company's ('CPC') Prospectus dated October 27, 2010, has been filed with and accepted by TSX Venture Exchange and the British Columbia, Alberta, Nova Scotia and Ontario Securities Commissions effective October 28, 2010, under the provisions of the British Columbia, Alberta, Nova Scotia and Ontario Securities Acts. The common shares of the Company will be listed and admitted to trading on TSX Venture Exchange, on the effective dates stated below.
The Company has completed its initial distribution of securities to the public. The gross proceeds received by the Company for the offering are $500,000 (5,000,000 common shares at $0.10 per share).
| Commence Date: | The common shares will commence trading on TSX Venture Exchange at the opening Friday, December 17, 2010. | |||||
| Corporate Jurisdiction: | Canada | |||||
| Capitalization: Escrowed Shares: |
Unlimited 7,000,000 |
common shares with no par value of which 12,000,000 common shares are issued and outstanding common shares |
||||
| Transfer Agent: | Computershare Investor Services Inc. - Halifax and Toronto | |||||
| Trading Symbol: | OCN.P | |||||
| CUSIP Number: | 67551V103 | |||||
| Agent: | Macquarie Private Wealth Inc. | |||||
| Agent's Options: | 400,000 options to purchase one share at $0.10 for a period of 24 months from the date of the listing. | |||||
| For further information, please refer to the Company's prospectus dated October 27, 2010. | ||||||
| Company Contact: | Mr. Richard Basil Gordon | |||||
| Director, President and CEO | ||||||
| Company Address: | 1969 Upper Water Street, Suite 2108 | |||||
| Halifax, Nova Scotia B3J 3R7 | ||||||
| Company Phone Number: | (902) 441-6700 | |||||
| Company Fax Number: | (902) 446-2001 | |||||
| Company email: | [email protected] | |||||
Seeking QT primarily in these sectors: Mineral exploration and development business.
______________________________________
PAN GLOBAL RESOURCES INC. ("PGZ")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced September 16, 2010 and September 27, 2010:
| Number of Shares: | 6,999,991 shares | ||||
| Purchase Price: | $0.30 per share | ||||
| Warrants: | 3,499,991 share purchase warrants to purchase 3,499,991 shares | ||||
| Warrant Exercise Price: | $0.45 for a two year period subject to acceleration, if the Company's shares trade above $0.50 for seven consecutive trading days. | ||||
| Number of Placees: | 39 placees | ||||
| Insider / Pro Group Participation: | |||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||
| Julian Bavin Robert Baxter Patrick Downey |
Y Y Y |
166,666 333,333 200,000 |
|||
| Agents' Fees: |
Raymond James Ltd. receives $157,499.80, a corporate finance fee of $15,000 and 479,759 non-transferable warrants, each exercisable for one share at a price of $0.30 per share for a two year period. National Bank Financial Inc. receives 40,200 non-transferable warrants, each exercisable for one share at a price of $0.30 per share for a two year period. GundyCo receives 5,040 non-transferable warrants, each exercisable for one share at a price of $0.30 per share for a two year period. |
|
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.]
________________________________________
PARKLAND ENERGY SERVICES INC. ("PKE")
BULLETIN TYPE: Private Placement-Non-Brokered, Non-Convertible Debenture
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
This is the first tranche closing
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 14, 2010:
| Non-Convertible Debt: |
$615,000 $0.20 worth of common shares issued for each $1.00 of non-convertible debentures and promissory notes issued. |
|||||
| Maturity date: | 24 months from date of issuance | |||||
| Share Value: | $0.1725 per share | |||||
| Interest rate: | 13% USD promissory notes and 15% CAD non-convertible debentures | |||||
| Number of Placees: | 7 placees | |||||
| No Insider / Pro Group Participation. | ||||||
| Finder's Fee: |
$61,500 cash and 178,261 common shares ("Finder Shares") payable to Link Resource Partners Inc. - Finder Shares are issued at a deemed price of $0.1725. |
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).
________________________________________
PASSPORT POTASH INC. ("PPI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation pertaining to an Option Agreement dated November 12, 2010 between Passport Potash Inc. (the 'Company') and the vendors, American Potash LLC and Sweetwater River Resources LLC (John Glasscock, Kent Ausburn), pursuant to which the Company has the option to acquire a 100% title and interest in five exploration permits located in Arizona. The total consideration is $90,000, 500,000 shares and minimum exploration expenditures required by the Arizona State Land Department. Payments will be allocated 29.31% to American Potash LLC and 70.69% to Sweetwater River Resources LLC.
| DATE | CASH | SHARES | WORK EXPENDITURES | |||||||||||||
| Year 1 Year 2 |
$30,000 $60,000 |
500,000 nil |
Expenditures required by Arizona State Land Department nil |
In addition, there is a 2% net smelter return royalty relating to any potash produced. The Company may, at any time, purchase 1% of the net smelter return for $150,000.
________________________________________
RADISSON MINING RESOURCES INC. ("RDS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 13, 2010:
| Number of Shares: | 2,500,000 flow-through class A shares | |||||
| Purchase Price: | $0.12 per flow-through class A share | |||||
| Number of Placees: | 1 placee | |||||
| Finder's Fees: | $21,000 in cash to CGE Resources 2010 L.P. |
The Company has confirmed the closing of the above-mentioned Private Placement by way of press release dated December 13, 2010
RESSOURCES MINIÈRES RADISSON INC. (« RDS »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 16 décembre 2010
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, tel qu'annoncé le 13 décembre 2010 :
| Nombre d'actions : | 2 500 000 actions catégorie A accréditives | |||||
| Prix : | 0,12 $ par action catégorie A accréditive | |||||
| Nombre de souscripteurs : | 1 souscripteur | |||||
| Honoraires des agents | 21 000 $ en espèces à CGE Resources 2010 L.P. |
La société a confirmé la clôture du placement privé par voie de communiqué de presse daté du 13 décembre 2010.
__________________________________
SAHARA ENERGY LTD. ("SAH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
This is the second of two tranche closings
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 13, 2010:
| Number of Shares: | 10,000,000 shares (post-consolidation basis) | ||||
| Purchase Price: | $0.05 per share | ||||
| Number of Placees: | 17 placees | ||||
| Insider / Pro Group Participation: | |||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||
| Peter J. Boswell Michael Mansfield Richard Moore Dominic Spooner |
Y P P P |
2,000,000 700,000 600,000 700,000 |
|||
| Finders' Fees: |
$5,500 cash payable to Salman Partners Inc. $13,000 cash payable to Macquarie Private Wealth Inc. |
________________________________________
SOUTHERN SILVER EXPLORATION CORP. ("SSV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the final two tranches of a Non-Brokered Private Placement announced October 13, 2010:
| Number of Shares: | 15,100,000 shares | ||||
| Purchase Price: | $0.10 per share | ||||
| Warrants: | 15,100,000 share purchase warrants to purchase 15,100,000 shares | ||||
| Warrant Exercise Price: | $0.20 for a two year period | ||||
| Number of Placees: | 43 placees | ||||
| Insider / Pro Group Participation: | |||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||
| Atherton Enterprises Ltd. (Scott B. Hean) Brad Birarda |
Y P |
150,000 1,000,000 |
|||
| Finders' Fees: |
Cowboy Capital Management LLC (Dustin P. Ralston & Tiffany Y. Ralson) receives $1,500 and 25,000 non-transferable warrants, each exercisable for one share at a price of $0.20 for 2 years. Global Resource Investments Ltd. receive $18,000 and 300,000 non-transferable warrants, each exercisable for one share at a price of $0.20 for 2 years. Mackie Research Capital Corporation receives $6,000 and 100,000 non-transferable warrants, each exercisable for one share at a price of $0.20 for 2 years. Michael Baybak receives $21,000 and 350,000 non-transferable warrants, each exercisable for one share at a price of $0.20 for 2 years. Old Park Lane Capital PLC $20,400 and 340,000 non-transferable warrants, each exercisable for one share at a price of $0.20 for 2 years. Penson Financial Services Canada Inc. receives $1,200 and 20,000 non-transferable warrants, each exercisable for one share at a price of $0.20 for 2 years. Rayleigh Capital (Carrie Howes, Fabio George) receives $3,300 and 55,000 non-transferable warrants, each exercisable for one share at a price of $0.20 for 2 years. Union Securities Ltd. receives $1,710 and 28,500 non-transferable warrants, each exercisable for one share at a price of $0.20 for 2 years. |
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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.]
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TRISTAR GOLD INC. ("TSG")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced November 10, 2010:
| Number of Shares: | 20,600,000 shares | ||||
| Purchase Price: | $0.25 per share | ||||
| Warrants: | 20,600,000 share purchase warrants to purchase 20,600,000 shares | ||||
| Warrant Exercise Price: | $0.30 for a five year period | ||||
| Number of Placees: | 75 placees | ||||
| Insider / Pro Group Participation: | |||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||
| Elton Luiz Da Silva Pereira Leendert Krol Brian Irwin John Segner Mark Jones James Olkynick Leona Nielsen MRC Holdings Ltd. Perry Catellier Mathieu Seguin Pierre Colas James Taylor Bruce McClymont Grant Beasley |
Y Y Y Y Y P P P P P P P P P |
200,000 200,000 92,000 1,000,000 2,100,000 50,000 10,000 25,000 200,000 100,000 100,000 250,000 100,000 100,000 |
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| Agent's Fee: | $31,500 payable to Casimir Capital Ltd. |
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.
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UC RESOURCES LTD. ("UC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 16, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to the second tranche of a Non-Brokered Private Placement announced November 26, 2010:
| Number of Shares: |
5,985,000 flow through common shares 3,430,000 non-flow through common shares |
|
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| Purchase Price: |
$0.11 per flow through common share $0.11 per non-flow through common share |
|
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| Warrants: | 6,422,500 share purchase warrants to purchase shares | ||||
| Warrant Exercise Price: | $0.13 for a two year period | ||||
| Number of Placees: | 16 placees | ||||
| Insider / Pro Group Participation: | |||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||
| Bryan Paul Sheldon Inwentash Pinetree Resource Partnership (Pinetree Capital Ltd. and Sheldon Inwentash) |
P I I |
100,000 flow through common shares 1,500,000 flow through common shares 1,500,000 non-flow through common shares |
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| Finder's Fee: | $4,400 payable to Raymond James Ltd. |
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.
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URAGOLD BAY RESOURCES INC. ("UBR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on December 14, 2010:
| Number of Shares: | 6,502,000 flow-through common shares | ||||
| Purchase Price: | $0.05 per flow-through common share | ||||
| Warrants: | 6,502,000 warrants to purchase a maximum of 6,502,000 common shares | ||||
| Warrant Exercise Price: | $0.10 per share for a period of 24 months following the closing of the Private Placement | ||||
| Number of Placees: | 23 | ||||
| Insider / Pro Group Participation: | |||||
| Name |
Insider = Y / Pro Group = P |
Number of Shares |
|||
| Patrick Levasseur | Y | 100,000 | |||
| Finders' Fees: | Macquarie Private Wealth Inc. ("Macquarie") received $285 in cash. In addition, Macquarie received 9,500 warrants, each allowing the Holder to purchase one common share at a price of $0.10 per unit over a 24-month period |
The Company has confirmed the closing of the above-mentioned Private Placement by way of a press release.
RESSOURCES DE LA BAIE D'URAGOLD INC. (« UBR »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 16 décembre 2010
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, tel qu'annoncé le 14 décembre 2010 :
| Nombre d'actions : | 6 502 000 actions ordinaires accréditives | ||||
| Prix : | 0,05 $ par action ordinaire accréditive | ||||
| Bons de souscription : | 6 502 000 bons de souscription permettant de souscrire à 6 502 000 actions ordinaires | ||||
| Prix d'exercice des bons : | 0,10 $ par action pour une période de 24 mois suivant la clôture du placement privé. | ||||
| Nombre de souscripteurs : | 23 souscripteurs | ||||
| Participation des initiés / Groupe Pro : | |||||
| Nom |
Initié = Y / Groupe Pro = P |
Nombre d'actions |
|||
| Patrick Levasseur | Y | 100 000 | |||
| Honoraires d'intermédiation: | Macquarie Private Wealth inc. (« Macquarie ») a reçu 285 $ en espèces. De plus, Macquarie a reçu 9 500 bons de souscription chacun permettant au titulaire d'acquérir une action du placement privé au prix de 0,10 $ l'action pendant une période de 24 mois suivant la clôture. |
La société a confirmé la clôture du placement privé précité par voie de communiqué de presse.
_________________________________________
VALGOLD RESOURCES LTD. ("VAL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 16, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to the second (and final) tranche of a Non-Brokered Private Placement announced November 9, 2010:
| Number of Shares: | 1,441,000 flow-through shares | ||||
| Purchase Price: | $0.30 per share | ||||
| Warrants: | 1,441,000 share purchase warrants to purchase 1,441,000 shares | ||||
| Warrant Exercise Price: | $0.50 for a two year period | ||||
| Number of Placees: | 7 placees | ||||
| Insider / Pro Group Participation: | |||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||
| Arthur Drummond Shannon Ross Stephen Wilkinson |
Y Y Y |
20,000 33,000 35,000 |
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| Finders' Fees: |
$15,000 and 50,000 finder's warrants payable to Strand Securities Corporation $4,500 and 15,000 finder's warrants payable to Raymond James Ltd. |
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.
________________________________________
WESTERNZAGROS RESOURCES LTD. ("WZR")
BULLETIN TYPE: Halt
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
Effective at 7:42 a.m. PST, December 16, 2010, trading in the shares of the Company was halted at the request of the Company, pending an announcement; 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.
________________________________________
WESTERNZAGROS RESOURCES LTD. ("WZR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
Effective at 9:30 a.m., PST, December 16, 2010, shares of the Company resumed trading, an announcement having been made over StockWatch.
________________________________________
XCITE ENERGY LIMITED ("XEL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 16, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 10, 2010:
| Number of Shares: | 2,351,916 shares | |||||
| Purchase Price: | CAD$4.59 per share | |||||
| Number of Placees: | 1 placee |
No Insider / Pro Group Participation.
No Finder's Fee.
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NEX COMPANY:
NET SOFT SYSTEMS INC. ("NSS.H")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: December 16, 2010
NEX Company
Further to TSX Venture Exchange Bulletins dated June 2, 2005 and September 16, 2009, the Exchange has been advised that the Cease Trade Orders issued by the British Columbia Securities Commission on June 1, 2005 and the Alberta Securities Commission on October 21, 2005 have been revoked.
Effective at the opening Friday, December 17, 2010 trading will be reinstated in the securities of the Company (CUSIP 64109F 10 2).
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For further information:
Market Information Services at 1-888-873-8392, or email: [email protected]
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