VANCOUVER, Dec. 22 /CNW/ -
TSX VENTURE COMPANIES:
AFRICAN GOLD GROUP, INC. ("AGG")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced December 2, 2010 and December 3, 2010:
| Number of Shares: | 17,200,000 shares |
| Purchase Price: | $0.70 per share |
| Warrants: | 8,600,000 share purchase warrants to purchase 8,600,000 shares |
| Warrant Exercise Price: | $1.00 for a two year period |
| Number of Placees: | 21 placees |
| Agent's Fee: | An aggregate of $842,800 and 1,204,000 agent's options payable to TD Securities Inc. and GMP Securities L.P. Each agent's option is exercisable into one common share at a price of $0.70 per share for two years. |
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.
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ATIKWA RESOURCES INC. ("ATK")
BULLETIN TYPE: Halt
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
Effective at 10:12 a.m. PST, December 22, 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.
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AVION GOLD CORPORATION ("AVR")
BULLETIN TYPE: Graduation
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has been advised that the Company's shares will be listed and commence trading on Toronto Stock Exchange at the opening Friday, December 24, 2010, under the symbol "AVR".
As a result of this Graduation, there will be no further trading under the symbol "AVR" on TSX Venture Exchange after December 23, 2010, and its shares will be delisted from TSX Venture Exchange at the commencement of trading on Toronto Stock Exchange.
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CANADIAN IMPERIAL VENTURE CORP. ("CQV")
BULLETIN TYPE: Halt
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
Effective at 6:29 a.m. PST, December 22, 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.
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CARLTON TRAIL LIMITED PARTNERSHIP ("CTP.UN.A")
BULLETIN TYPE: Delist
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
Effective at the close of business on December 31, 2010, the units of Carlton Trail Limited Partnership (the "Company") will be delisted from TSX Venture Exchange. The delisting of the Company's units results from the conversion of the Company into two mutual fund trusts pursuant to a statutory plan of arrangement. The Company's unit-holders will receive one Class A unit in the capital of Westcan Investment Trust, one Class A unit in the capital of Calgary Capital Investment Trust and $0.143 for every unit of the Company held.
For further information please refer to the management information circular of the Company dated November 19, 2010 and the Company's news release dated December 17, 2010.
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CLEANFIELD ALTERNATIVE ENERGY INC. ("AIR")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 855,001 common shares at a deemed value of $0.14 per share to settle outstanding debt for $119,700.10.
Number of Creditors: 5 Creditors
The Company shall issue a news release when the shares are issued and the debt extinguished.
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CONFEDERATION MINERALS LTD. ("CFM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement (the "Agreement") dated November 19, 2010 between Confederation Minerals Ltd. (the "Company") and Redstar Gold Corp. (the "Vendor"), pursuant to which the Company has an option to acquire up to 70% of the Vendor's Newman Todd project (the "Property"), located in the Red Lake Mining District of Northern Ontario.
The terms of the agreement are summarized as follows:
To exercise the option to earn an initial 50% interest in the Property, the Company must complete the following:
Cash Payment:
- $50,000 within 10 business days of approval of the Agreement by the Exchange;
- $50,000 on or before the first anniversary of the Agreement;
- $75,000 on or before the second anniversary of the Agreement; and
- $75,000 on or before the third anniversary of the Agreement.
Share Issuance: 500,000 common shares of the Company issued in the following tranches:
- 100,000 common shares within 10 business days of approval of the Agreement by the Exchange;
- 100,000 common shares on or before the first anniversary of the Agreement;
- 150,000 common shares on or before the second anniversary of the Agreement; and
- 150,000 common shares on or before the third anniversary of the Agreement.
Expenditures: A minimum of $5,000,000 of expenditures on the Property as follows:
- $2,000,000 on or before the first anniversary of the Agreement;
- $1,500,000 on or before the second anniversary of the Agreement; and
- $1,500,000 on or before the third anniversary of the Agreement.
To exercise the option to earn a further 20% interest, the Company must produce, at its own cost, a preliminary assessment of the Property and issue a further 500,000 shares on or before the sixth anniversary of the Agreement. Minimum annual expenditures on the Property of $250,000 must be incurred on or before the fourth, fifth and sixth anniversaries of the Agreement.
The Property is subject to a 2% net smelter return.
Finder's Fee: Tim Mikula will receive at his discretion, either $132,500 cash or 456,896 common shares of the Company.
Insider / Pro Group Participation: N/A
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CONFEDERATION MINERALS LTD. ("CFM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 22, 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: | 1,527,857 flow through common shares |
| Purchase Price: | $0.35 per share |
| Warrants: | 1,527,857 share purchase warrants to purchase 1,527,857 shares |
| Warrant Exercise Price: | $0.45 for a one year period |
| Number of Placees: | 14 placees |
Insider / Pro Group Participation:
| Name | Insider=Y / ProGroup=P / |
# of Shares |
| Dana McGarvey | P | 10,000 |
| Minaz Devji | P | 75,000 |
| Douglas Wood | P | 57,000 |
| Shona Wood | P | 57,000 |
| Lawrence Dick | I | 142,857 |
| Finder's Fee: | 40,000 non-flow through units ("Units") and 32,000 warrants ("Warrants") payable to Jordan Capital Markets Inc. Each Unit is comprised of one non-flow through common share and one Warrant. Each Warrant entitles the holder to purchase one non-flow through common share at a price of $0.45 for one year. |
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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DONNER METALS LTD. ("DON")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 15, 2010:
| Number of Shares: | 4,687,500 flow-through shares |
| Purchase Price: | $0.32 per flow-through share |
| Number of Placees: | 3 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.
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FOREST GATE ENERGY INC. ("FGE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 16, 2010:
| Number of Shares: | 4,100,000 common shares |
| Purchase Price: | $0.10 per common share |
| Warrants: | 4,100,000 warrants to purchase 4,100,000 common shares |
| Warrant Exercise Price: | $0.25 for a two-year period following the closing |
| Number of Placees: | 2 placees |
The Company has announced the closing of the Private Placement by way of a press release dated December 16, 2010.
FOREST GATE ENERGY INC. (« FGE »)
TYPE DE BULLETIN: Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 22 décembre 2010
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation relativement à un placement privé sans l'entremise d'un courtier, tel qu'annoncé le 16 décembre 2010 :
| Nombre d'actions : | 4 100 000 actions ordinaires |
| Prix : | 0,10 $ par action ordinaire |
| Bons de souscription : | 4 100 000 bons de souscription permettant de souscrire à 4 100 000 actions ordinaires |
| Prix d'exercice des bons : | 0,25 $ pour une période de deux ans suivant la clôture |
| Nombre de souscripteurs : | 2 souscripteurs |
La société a confirmé la clôture du placement privé ci-avant mentionné par voie de communiqué de presse daté du 16 décembre 2010.
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HONEY BADGER EXPLORATION INC. ("TUF")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,900,000 shares at a deemed price of $0.10 per share to settle outstanding debt for $190,000.
Number of Creditors: 8 Creditors
Insider / Pro Group Participation:
| Insider=Y / | Amount | Deemed Price | ||
| Creditor | Progroup=P | Owing | per Share | # of Shares |
| Kirk McKinnon | Y | $50,000 | $0.10 | 500,000 |
| Richard Schler | Y | $40,000 | $0.10 | 400,000 |
| Peter D. Liabotis | Y | $10,000 | $0.10 | 100,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
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HUAKAN INTERNATIONAL MINING INC. ("HK")
[formerly Merit Mining Corp. ("MEM")]
BULLETIN TYPE: Name Change
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders on December 15, 2010, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening December 23, 2010, the common shares of Huakan International Mining Inc. will commence trading on TSX Venture Exchange, and the common shares of Merit Mining Corp. will be delisted. The Company is classified as a 'Gold and Silver Mining' company.
| Capitalization: | Unlimited shares with no par value of which | |
| 36,111,997 shares are issued and outstanding | ||
| Escrow: | Nil escrow | |
| Transfer Agent: | Computershare Investor Services Inc. | |
| Trading Symbol: | HK | (new) |
| CUSIP Number: | 44330J107 | (new) |
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KALIMANTAN GOLD CORPORATION LIMITED ("KLG")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced December 21, 2010:
| Number of Shares: | 16,125,000 shares |
| Purchase Price: | $0.08 per share |
| Number of Placees: | 11 placees |
| Agents' Fees: | $41,000 payable to Alexander David Securities Ltd. |
| $12,000 payable to RFC Corporate Finance 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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KELSO TECHNOLOGIES INC. ("KLS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 25, 2010 and December 8, 2010:
| Number of Shares: | 6,938,000 shares |
| Purchase Price: | $0.25 per share |
| Warrants: | 3,469,000 share purchase warrants to purchase 3,469,000 shares |
| Warrant Exercise Price: | $0.35 for a two year period |
| Number of Placees: | 97 placees |
Insider / Pro Group Participation:
| Name | Insider=Y / ProGroup=P / |
# of Shares |
| John Hart | P | 20,000 |
| Ed Bodnarchuk | P | 100,000 |
| Manjit Janjua | P | 25,000 |
| Finders' Fees: | $2,300 payable to Global Maxfin Capital Inc. | |
| $66,360 plus 14,400 shares payable to Canaccord Genuity Inc. | ||
| $10,000 payable to Macquarie Private Wealth Inc. | ||
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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LIME HILL CAPITAL CORPORATION ("LHL.P")
BULLETIN TYPE: Halt
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
Effective at 6:01 a.m. PST, December 22, 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.
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MONSTER URANIUM CORP. ("MU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 22, 2010:
| Number of Shares: | 3,000,000 shares |
| Purchase Price: | $0.10 per share |
| Warrants: | 3,000,000 share purchase warrants to purchase 3,000,000 shares |
| Warrant Exercise Price: | $0.15 for a one year period |
| Number of Placees: | 18 placees |
Insider / Pro Group Participation:
| Name | Insider=Y / ProGroup=P |
# of Shares |
| Eugene Sekora | Y | 250,000 |
| Finders' Fees: | $10,400 cash payable to Jescorp Capital Inc. (Michael Wilson). | |
| $3,000 cash payable to PI Financial Corp. | ||
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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OCEANIC IRON ORE CORP. ("FEO")
[formerly Pacific Harbour Capital Ltd. ("PCF")]
BULLETIN TYPE: Change of Business, Private Placement-Non-Brokered, Name Change, Symbol Change, Resume Trading, Company Tier Reclassification, Correction
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
Further to the bulletin dated December 21, 2010, the bulletin should have stated the following:
In accordance with Policy 2.5, the Company has NOT met the requirements for a Tier 1 company. Therefore, effective December 22, 2010, the Company's Tier classification will change from Tier 1 to:
Classification
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PACIFIC COAST NICKEL CORP. ("NKL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation pertaining to an Option Agreement dated November 7, 2010 between Pacific Coast Nickel Corp. (the 'Company') and Marifil Mines Limited ('Marifil') pursuant to which the Company can acquire up to a 70% interest in Las Aguilas Property located in San Luis Province, Central Argentina. The earn-in and consideration is staged as follows:
| DATE | CASH | SHARES | WORK EXPENDITURES |
| To earn a 49% interest | |||
| Upon Exchange acceptance | $25,000 | 250,000 | complete resource estimate |
| On or before April 1, 2012 | $75,000 | 250,000 | $500,000 |
| On or before April 1, 2013 | $100,000 | 250,000 | $500,000 |
| On or before April 1, 2014 | $100,000 | 250,000 | $1,000,000 |
| To earn an additional 11% interest | |||
| On or before April 1, 2015 | nil | 2,000,000 | complete pre-feasibility study |
| To earn an additional 10% interest | |||
| On or before April 15, 2016 | $100,000 | 1,000,000 | complete feasibility study |
In addition, there is a 3% net smelter return royalty granted to Marifil of which 0.5% can be purchased for $1,000,000 and a further 0.5% can be purchased at any time for an additional $2,000,000. The Company retains the option of buying the remaining 30% interest for $5,000,000.
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PACIFIC SAFETY PRODUCTS INC. ("PSP")
BULLETIN TYPE: Halt
BULLETIN DATE: December 22, 2010
TSX Venture Tier 1 Company
Effective at 6:04 a.m. PST, December 22, 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.
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PYNG MEDICAL CORP. ("PYT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 22, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 17, 2010:
| Number of Shares: | 3,000,000 shares |
| Purchase Price: | $0.20 per share |
| Number of Placees: | 1 placee |
Insider / Pro Group Participation:
| Name | Insider=Y / ProGroup=P / |
# of Shares |
| MDR Specialty Distribution Corporation (Herbert A. Toms III) | Y | 3,000,000 |
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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QHR TECHNOLOGIES INC. ("QHR")
BULLETIN TYPE: Prospectus-Unit Offering
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
Effective December 16, 2010, the Company's Prospectus dated December 16, 2010 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the British Columbia, Alberta, Saskatchewan, Manitoba and Ontario Securities Commissions, pursuant to the provisions of the British Columbia, Alberta, Saskatchewan, Manitoba and Ontario Securities Acts.
TSX Venture Exchange has been advised that closing occurred on December 22, 2010, for gross proceeds of $8,000,005.
| Agents: | Paradigm Capital Inc. |
| Versant Partners Inc. | |
| MGI Securities Inc. | |
| Offering: | 12,307,700 units. Each unit consisting of one share and one-half warrant. Each whole warrant to purchase one share at $0.90 per in the first year and $1.00 in the second year following closing of the Offering. |
| Unit Price: | $0.65 per unit |
| Agents' Warrants: | 615,385 non-transferable warrants exercisable into one unit each at $0.65 for a 24 month period. |
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RARE ELEMENT RESOURCES LTD. ("RES")
BULLETIN TYPE: Prospectus-Share Offering
BULLETIN DATE: December 22, 2010
TSX Venture Tier 1 Company
The Company's Short Form Prospectus dated December 13, 2010 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the British Columbia and Ontario Securities Commission, pursuant to the provisions of the applicable Securities Acts.
The prospectus was filed under Multilateral Instrument 11-102 Passport System in Alberta, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador. 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 occurred on December 22, 2010, for gross proceeds of $57,546,000 (including exercise of the Agents Over-Allotment Option).
| Agents: | Byron Securities Limited, GMP Securities L.P., Jacob Securities Inc., Global Hunter Securities, LLC and Salman Partners Inc. |
| Offering: | 6,394,000 shares |
| Share Price: | $9.00 per share |
| Agents' Commission: | The Agents will receive a cash commission equal to 6% of the gross proceeds of the Offering. In addition, the Agents will receive warrants to acquire that number of common shares equal to 6% of the number of common shares sold pursuant to the Offering, including the additional shares sold pursuant to the exercise of the Over-Allotment Option, at a price of $9.00 per common share for a period of 24 months following the closing of the Offering. |
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SENATOR MINERALS INC. ("SNR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to an option agreement (the "Agreement") dated November 25, 2010, between RA Metals Inc., Mike Mickey (collectively, the "Optionors") and Senator Minerals Inc. (the "Company"). Pursuant to the Agreement, the Company shall have the option to earn a 100% interest in 52 mineral claims, known as the King Dome Property (the "Property"), located in the Whitehorse Mining District in the Yukon Territory, subject to a 3% net smelter return royalty.
In order to earn the 100% interest in the Property, the Company must pay the Optionors an aggregate of $350,000 over the next 3 years, as well as $125,000 each year thereafter until the commencement of commercial production. In addition, the Company must issue an aggregate of 3,000,000 common shares to the Optionors within 3 years, and incur aggregate exploration expenditures of $1,500,000 by the end of the 2013 work season.
For more information, refer to the Company's news release dated November 25, 2010.
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SHOREHAM RESOURCES LTD. ("SMH")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation pertaining to an option agreement dated August 1, 2010 between Shoreham Resources Ltd. and Guiana Shield Resources Inc. (Hilbert Shields), pursuant to which the Company has an option to acquire a 100% interest in 2 large scale prospecting licences covering 25,599 acres in the north west district of Guyana, known as the Otomung Property. In consideration, the Company will make cash payments totalling US$125,000 and issue a total of 500,000 shares, as follows:
| DATE | CASH | SHARES |
| Year 1 | US$50,000 | 200,000 |
| Year 2 | US$25,000 | 300,000 |
| Year 3 | US$25,000 | nil |
| Year 4 | US$25,000 | nil |
In addition, there is a 3% net smelter return royalty relating to the acquisition. The Company may, at any time prior to commercial production, reduce the NSR from 3% to 1% by making a cash payment of US$500,000 per percentage point reduction.
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SOLITAIRE MINERALS CORP. ("SLT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 22, 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: | 1,072,000 flow through shares |
| 9,960,000 non-flow through shares | |
| Purchase Price: | $0.07 per flow through share |
| $0.05 per non-flow through share | |
| Warrants: | 536,000 share purchase warrants attached to flow through shares to purchase 536,000 shares |
| 9,960,000 share purchase warrants attached to non-flow through shares to purchase 9,960,000 shares | |
| Warrant Exercise Price: | $0.10 for a one year period |
| $0.125 in the second year | |
| Number of Placees: | 28 placees |
Insider / Pro Group Participation:
| Name | Insider=Y /ProGroup=P / | # of Shares |
| Jacqueline Chow | P | 800,000 nft |
| Finders' Fees: | Haywood Securities Inc. receives $23,000 and 460,000 non-transferable warrants, each exercisable for one share at a price of $0.10 per share in the first year and at a price of $0.125 per share in the second year. | |
| Northern Securities Inc. receives $2,350 and 45,000 non-transferable warrants, each exercisable for one share at a price of $0.10 per share in the first year and at a price of $0.125 per share in the second year. | ||
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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THUNDERBIRD ENERGY CORPORATION ("TBD")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s, Amendment
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated March 6, 2009, the Exchange has accepted for filing documentation with respect an amendment to a Non-Brokered Private Placement announced December 8, 2008. The maturity date of the remaining debentures has been extended as follows:
| Convertible Debenture | $502,500 |
| Conversion Price: | Convertible into common shares at $0.15 of principal outstanding in year one and at $0.25 in year two. |
| Maturity date: | June 15, 2011 |
| Interest rate: | 12% |
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UNITY ENERGY CORP. ("UTY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 22, 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: | 1,450,000 shares (of which 1,200,000 are flow-through) |
| Purchase Price: | $0.25 per share |
| Number of Placees: | 2 placees |
Insider / Pro Group Participation:
| Insider=Y / | ||
| Name | ProGroup=P / | # of Shares |
| NBCN ITF 49 North Resources Inc. | Y | 250,000 |
| Finder's Fee: | $21,750 payable to Prolifio EMD Inc. | |
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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VALDEZ GOLD INC. ("VAZ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 22, 2010:
| Number of Shares: | 5,600,000 shares (pre-consolidation) |
| Purchase Price: | $0.25 per share (pre-consolidation) |
| Warrants: | 2,800,000 share purchase warrants to purchase 2,800,000 shares |
| Warrant Exercise Price: | $0.33 for a three year period |
| Number of Placees: | 1 placee |
Insider / Pro Group Participation:
| Insider=Y / | ||
| Name | ProGroup=P / | # of Shares |
| Corona Gold Corp. (Dundee Corporation) (Ned Goodman) | Y | 5,600,000 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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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VANOIL ENERGY LTD. ("VEL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the second (and final) tranche of a Non-Brokered Private Placement announced September 22, 2010:
| Number of Shares: | 1,425,000 shares |
| Purchase Price: | $0.50 per share |
| Number of Placees: | 2 placees |
| Finder's Fee: | $49,000 payable to Cormark Securities Inc. |
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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WESTERN PLAINS PETROLEUM LTD. ("WPP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 24, 2010, December 3, 2010 and December 14, 2010:
| Number of Securities: | 4,280,909 flow-through shares ("FT Shares") |
| 1,730,000 units ("Units") | |
| Each Unit consists of one common share and one half of one share purchase warrant | |
| Purchase Price: | $0.22 per FT Share |
| $0.18 per Unit | |
| Warrants: | 865,000 share purchase warrants to purchase 865,000 shares |
| Warrant Exercise Price: | $0.25 until December 13, 2011 |
| Number of Placees: | 14 placees |
Insider / Pro Group Participation:
| Insider=Y / | ||
| Name | ProGroup=P / | # of Securities |
| William Koenig | Y | 400,000 Units |
| Menno Wiebe | Y | 300,000 Units |
| Leigh Stewart | Y | 25,000 Units |
| James P. Darnell | P | 140,000 Units |
| Finders' Fees: | $45,000 cash payable to Beringer Capital Partners Ltd. | |
| $14,112 cash and 78,400 non-transferrable warrants ("Finder Warrants") payable to Canaccord Genuity Corporation. | ||
| Each Finder Warrant is exercisable for one common share for up to one year from closing date at a price of $0.25 | ||
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WOLVERINE MINERALS CORP. ("WLV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 16, 2010:
| Number of Shares: | 10,000,000 shares (of which 5,000,000 are flow-through) |
| Purchase Price: | $0.20 per share |
| Warrants: | 2,500,000 share purchase warrants to purchase 2,500,000 shares |
| Warrant Exercise Price: | $0.35 for an eighteen month period |
| Number of Placees: | 69 placees |
Insider / Pro Group Participation:
| Insider=Y / | ||
| Name | ProGroup=P / | # of Shares |
| Bedrock Capital Corp. (Paul Matysek) | Y | 400,000 FT |
| Paul Matysek | Y | 350,000 FT |
| Thomas Doyle | Y | 400,000 FT |
| Greg Burnett | Y | 250,000 FT |
| Logan Anderson | Y | 250,000 FT |
| 100,000 NFT | ||
| Leona Nielsen | P | 50,000 FT |
| Anthony Fierro | P | 125,000 FT |
| James Oleynick | P | 50,000 FT |
| Marion Nelson | P | 125,000 FT |
| Harley Mayers | P | 70,000 FT |
| Gus Wahlroth | P | 30,000 FT |
| 40,000 NFT | ||
| Neil Adshead | P | 100,000 NFT |
| James Dawson | Y | 150,000 NFT |
| Brian Butterworth | P | 50,000 NFT |
| Carrie Clark | P | 100,000 NFT |
| Christopher Wahlroth | P | 25,000 NFT |
| Jason Aisenstat | P | 35,000 NFT |
| Douglas Eaton | Y | 50,000 FT |
| Ian Talbot | Y | 75,000 FT |
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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ZENYATTA VENTURES LTD. ("ZEN")
BULLETIN TYPE: New Listing-IPO-Shares
BULLETIN DATE: December 22, 2010
TSX Venture Tier 2 Company
The Company's Initial Public Offering ('IPO') Prospectus dated December 15, 2010, has been filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Ontario, British Columbia, Alberta, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island, and Newfoundland and Labrador Securities Commissions on December 16, 2010, pursuant to the provisions of the Ontario, British Columbia, Alberta, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island, and Newfoundland and Labrador Securities Acts.
The IPO is expected to close before the market opening on Thursday, December 23, 2010. Gross proceeds received by the Company in respect of the IPO will be $9,926,459.10 (11,197,600 common shares at $0.60 per share and 4,582,713 flow-through common shares at $0.70 per share). The Company is classified as a 'mining' company.
| Listing Date: | At the close of business (5:01 p.m. EDT) on Wednesday, December 22, 2010. |
| Commence Date: | At the opening Thursday, December 23, 2010, the common shares will commence trading on TSX Venture Exchange upon confirmation of closing of the IPO. |
| The closing of the IPO is scheduled to occur before the market opening on December 23, 2010. A further bulletin will be issued upon receipt of closing confirmation. | |
| Corporate Jurisdiction: | Ontario |
| Capitalization: | Unlimited common shares with no par value of which |
| 39,570,313 common shares will be issued and outstanding | |
| Escrowed Shares: | 9,375,000 common shares |
| 4,027,000 warrants | |
| Transfer Agent: | Capital Transfer Agency |
| Trading Symbol: | ZEN |
| CUSIP Number: | 98943A 10 1 |
| Agent(s)/Underwriter(s): | Jennings Capital Inc. and GMP Securities L.P. |
| Agent's/Underwriter's Warrants: | 929,845 non-transferable share purchase warrants. One warrant to purchase one share at $0.60 per share up to December 23, 2012. |
| Warrants issued as consulting/advisory Fee: | 331,704 non-transferable share purchase warrants. One warrant to purchase one share at $0.60 per share up to December 23, 2012. |
For further information, please refer to the Company's Prospectus dated December 15, 2010.
| Company Contact: | Aubrey J. Eveleigh | |
| Company Address: | 1224 Amber Drive, Thunder Bay, ON P7B 6M5 | |
| Company Phone Number: | (807) 346-1660 | |
| Company Fax Number: | (807) 345-4412 | |
| Company Email Address: | [email protected] |
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NEX COMPANIES:
CHANTRELL VENTURES CORP. ("CV.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 22, 2010
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 10, 2010:
| Number of Shares: | 1,000,000 shares |
| Purchase Price: | $0.50 per share |
| Warrants: | 500,000 share purchase warrants to purchase 500,000 shares |
| Warrant Exercise Price: | $0.75 for a one year period |
| Number of Placees: | 17 placees |
Insider / Pro Group Participation:
| Insider=Y / | ||
| Name | ProGroup=P / | # of Shares |
| Anthony P. Fierro | P | 50,000 |
| Leona Nielsen | P | 15,000 |
| Marion Nelson | P | 50,000 |
| Connor Cruise | P | 10,000 |
| Steven Wright | P | 15,000 |
| Gary Winters | P | 20,000 |
| Bryan Henry | P | 25,000 |
| Todd Eymann | P | 10,000 |
| James Oleynick | P | 20,000 |
| Michael Marosits | P | 25,000 |
| Finder's Fee: | 24,500 Finder's Units payable to Axemen Resources. | |
| - Each Finder's Unit consists of one share and one share purchase warrant with the same terms as the Private Placement. | ||
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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CORONET METALS INC. ("CRF.H")
BULLETIN TYPE: Halt
BULLETIN DATE: December 22, 2010
NEX Company
Effective at 6:01 a.m. PST, December 22, 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.
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ZUNI HOLDINGS INC. ("ZNI.H")
BULLETIN TYPE: Halt
BULLETIN DATE: December 22, 2010
NEX Company
Effective at 6:04 a.m. PST, December 22, 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.
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For further information:
Market Information Services at 1-888-873-8392, or email: [email protected]
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