VANCOUVER, May 30, 2012 /CNW/ -
TSX VENTURE COMPANIES:
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: May 30, 2012
TSX Venture Company
A Temporary Cease Trade Order has been issued by the Ontario Securities Commission on May 30, 2012 against the following company for failing to file the documents indicated within the required time period:
| Symbol |
Tier |
Company |
Failure to File |
Period Ending (Y/M/D) |
||||||||||||
| KC.A KC.B |
2 |
Knightscove Media Corp. |
Audited annual financial statements for the year ended |
2011/12/31 |
||||||||||||
| |
|
|
Management's Discussion & analysis Relating to the audited annual financial Statements for the year ended |
2011/12/31 |
||||||||||||
| |
|
|
|
Certification of the foregoing filings As required by National Instrument 52-109 Certification of Disclosure in Issuers' Annual & Interim Filings |
|
Upon revocation of the Temporary Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements. Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
________________________________________
AMAYA GAMING GROUP INC. ("AYA") ("AYA.WT") ("AYA.DB")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 30, 2012
TSX Venture Tier 1 Company
Effective at the Open, May 30, 2012, shares of the Company resumed trading, an announcement having been made.
________________________________________
AMERICAN MANGANESE INC. ("AMY")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: May 30, 2012
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: Original Expiry Date of Warrants: New Expiry Date of Warrants: Exercise Price of Warrants: |
1,990,174 August 11, 2012 August 11, 2012 $0.25 |
These warrants were issued pursuant to a private placement of 2,290,174 shares with 2,290,174 share purchase warrants attached, which was accepted for filing by the Exchange effective August 11, 2010.
Prospectus Unit Offering:
| # of Warrants: Original Expiry Date of Warrants: New Expiry Date of Warrants: Exercise Price of Warrants: |
4,309,185 June 16, 2012 June 16, 2013 $0.30 |
These warrants were issued pursuant to a prospectus-unit offering of 4,011,464 units (with an Over-Allotment of 601,720 units) with up to 4,613,184 share purchase warrants attached, which was accepted for filing by the Exchange effective June 28, 2010.
________________________________________
ASIAN MINERAL RESOURCES LIMITED ("ASN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 30, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 1, 2012 and April 4, 2012:
| Number of Shares: | 108,333,333 shares | |||||||||||
| Purchase Price: | $0.06 per share | |||||||||||
| Warrants: | 54,166,667 share purchase warrants to purchase 54,166,667 shares | |||||||||||
| Warrant Exercise Price: | $0.10 for a five year period | |||||||||||
| Number of Placees: | 1 placee | |||||||||||
| Insider / Pro Group Participation: | ||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||||
| Pala Investments Holdings Limited (Vladimir Iorich) |
Y |
108,333,333 |
Disinterested shareholder approval was obtained to the creation of a control position as a result of this private placement at the Special Meeting of Common Shareholders that was held on May 25, 2012.
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.
________________________________________
BEATRIX VENTURES INC. ("BXV")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: May 30, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletin dated May 24, 2012 with respect to the first tranche of a private placement of 500,000 flow-through units and 1,175,000 non-flow-through units at a price of $0.05 per unit, the finder's fee payable to Macquarie Private Wealth Inc. should have been for $400.00 and 8,000 non-transferable share purchase warrants that are exercisable into common shares at $0.10 per share for a two year period, not 4,000 warrants.
________________________________________
BEATRIX VENTURES INC. ("BXV")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 30, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation in connection with a Purchase Option Agreement dated May 18, 2012 between the Company and Perry Vern English for and on behalf of Rubicon Minerals Corporation whereby the Company has been granted an option to acquire a 100% interest in the Savant Lake claims that are located in the Patricia Mining Division, Ontario. The consideration is $80,000.00 and 150,000 common shares payable in tranches over a four year period.
If the Company acquires the Property and begins commercial production on any part of the Property, the Company shall pay Rubicon a Production Royalty calculated at 2% of the NSR. The Company or its assigns shall have the right at any time to purchase half of the 2% NSR Production Royalty for $1,000,000 subject to further Exchange review and acceptance.
________________________________________
BOTANECO CORP. ("BOT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 30, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to the issuance of 235,294 additional common shares at a deemed price of $0.085 per share, to settle accrued termination payment of $20,000 in shares to Mr. Michael Stangel.
| Number of Creditors: | 1 creditor |
The Company has announced the issuance of these shares pursuant to a press release dated May 22, 2012.
BOTANECO CORP. (« BOT »)
TYPE DE BULLETIN : Émission d'actions en règlement d'une dette
DATE DU BULLETIN : Le 30 mai 2012
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation relativement à l'émission de 235 294 actions ordinaires additionnelles au prix réputé de 0,085 $ par action, dans le cadre des modalités de la cessation d'emploi de M. Michael Stangel, prévoyant le paiement de 20 000 $ en actions à celui-ci.
| Nombre de créanciers : | 1 créancier |
La société a annoncé l'émission de ces actions en vertu d'un communiqué de presse daté du 22 mai 2012.
________________________________________
COBALT COAL LTD. ("CCF")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: May 30, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 21, 2012:
| Convertible Debenture: | $400,000 | |||||||||
| Conversion Price: | Convertible into units consisting of 2,666,666 common shares and 2,666,666 common share purchase warrant at $0.15 of principal outstanding. |
|||||||||
| Maturity date: | Two years from date of closing. | |||||||||
| Warrants: | Each warrant is exercisable into one common share at a price of $0.20 per share and expires two years from date of closing. |
|||||||||
| Interest rate: | 12 % | |||||||||
| Number of Placees: | 1 placee | |||||||||
| Insider / Pro Group Participation: | ||||||||||
| Name |
Insider=Y / ProGroup=P / |
Principal Amount |
||||||||
| Al Kroontje | Y | $400,000 | ||||||||
| Finder's Fee: | None |
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.
________________________________________
CRH MEDICAL CORPORATION ("CRM")
BULLETIN TYPE: Graduation
BULLETIN DATE: May 30, 2012
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 on Thursday, May 31, 2012, under the NEW symbol "CRH".
As a result of this Graduation, there will be no further trading under the symbol "CRM" on TSX Venture Exchange after May 30, 2012, and its shares will be delisted from TSX Venture Exchange at the commencement of trading on Toronto Stock Exchange.
________________________________________
CROWN GOLD CORPORATION ("CWM")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 30, 2012
TSX Venture Tier 2 Company
Effective at the Open, May 30, 2012, shares of the Company resumed trading, an announcement having been made.
________________________________________
DAKAR RESOURCE CORP. ("DKR")
BULLETIN TYPE: New Listing-IPO-Shares, Resume Trading
BULLETIN DATE: May 30, 2012
TSX Venture Tier 2 Company
Further to the bulletin dated May 28, 2012, effective at the opening, Thursday, May 31, 2012, trading in the shares of the Company will resume.
________________________________________
ELCORA RESOURCES CORP. ("ERA.P")
BULLETIN TYPE: New Listing-CPC-Shares, Correction
BULLETIN DATE: May 30, 2012
TSX Venture Tier 2 Company
CORRECTION:
Further to the TSX Venture Exchange Bulletin dated May 23, 2012, the name of the Company should be "Elcora Resources Corp." and not "Elcora Resources Corporation".
________________________________________
ENDURANCE GOLD CORP. ("EDG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 30, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 11, 2012:
| Number of Shares: | 5,000,000 shares | ||||||||||||||
| Purchase Price: | $0.10 per share | ||||||||||||||
| Warrants: | 5,000,000 share purchase warrants to purchase 5,000,000 shares | ||||||||||||||
| Warrant Exercise Price: |
$0.10 for a one year period $0.10 in the second year |
|
|||||||||||||
| Number of Placees: | 8 placees | ||||||||||||||
| Insider / Pro Group Participation: | |||||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||||||||||
| H. Ross Arnold Cumberland Development Company (Richard Gilliam) Cooper Jack Investments Limited (Robert Boyd) J. Christopher Mitchell Robert Pease |
Y Y Y Y Y |
2,000,000 750,000 150,000 100,000 200,000 |
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. 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.
________________________________________
INTERNATIONAL MONTORO RESOURCES INC. ("IMT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 30, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Property Acquisition Agreement dated May 24, 2012 between International Montoro Resources Inc. (the Company) and Pamela Smith-Gander (the Vendor) whereby the Company has been granted an option to acquire a 100% interest in the Tacheeda Property located in the Cariboo Mining Division, BC. Consideration is $2,000 cash, 300,000 common shares and 300,000 warrants exercisable for two years at $0.10 in the first year and $0.12 in the second year. The Property is subject to a 1% NSR which the Company may buy down to 0.5% for $500,000.
________________________________________
RAINY MOUNTAIN ROYALTY CORP. ("RMO")
BULLETIN TYPE: Private Placement-Non-Brokered, Correction
BULLETIN DATE: May 30, 2012
TSX Venture Tier 2 Company
This Bulletin corrects the TSX Venture Exchange Bulletin dated May 18, 2012 in which the number of warrants listed was incorrect. The correct information in connection with the Private Placement announced March 29, 2012 should have read: 150,000 share purchase warrants to purchase 150,000 common shares. All other information on the Bulletin is correct.
________________________________________
SONOMAX TECHNOLOGIES INC. ("SHH")
BULLETIN TYPE: Private Placement- Brokered
BULLETIN DATE: May 30, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Brokered Private Placement announced on April 25, 2012:
| Number of Shares: | 60,000,000 common shares | |||||||||
| Purchase Price: | $0.05 per common share | |||||||||
| Warrants: | 30,000,000 warrants to purchase 30,000,000 common shares | |||||||||
| Warrants Exercise Price: | $0.10 per share until May 25, 2015 | |||||||||
| Number of Placees: | 13 placees | |||||||||
| Insider / Pro Group Participation: | ||||||||||
| Name |
Insider = Y / Pro Group = P |
Number of shares |
||||||||
| P.J. Malouf Peter Brennan |
Y Y |
3,000,000 6,900,000 |
||||||||
| Agent's Fees: | Industrial Alliance Securities Inc. received $153,750 in cash and 3,075,000 non-transferable compensation options each entitling the holder to purchase one common share of the Company at a price of $0.10 per share until November 25, 2013. |
The Company has confirmed the closing of the above-mentioned Private Placement by way of a press release dated May 28, 2012.
TECHNOLOGIES SONOMAX INC. (« SHH »)
TYPE DE BULLETIN : Placement privé par l'entremise d'un courtier
DATE DU BULLETIN : Le 30 mai 2012
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé par l'entremise d'un courtier tel qu'annoncé le 25 avril 2012 :
| Nombre d'actions : | 60 000 000 d'actions ordinaires | |||||||||
| Prix : | 0,05 $ par action ordinaire | |||||||||
| Bons de souscription : | 30 000 000 de bons permettant d'acquérir 30 000 000 d'actions ordinaires | |||||||||
| Prix d'exercice des bons : | 0,10 $ par action jusqu'au 25 mai 2015 | |||||||||
| Nombre de souscripteurs : | 13 souscripteurs | |||||||||
| Participation Initié / Groupe Pro : | ||||||||||
| Nom |
Initié = Y / Groupe Pro = P |
Nombre d'actions |
||||||||
| P.J. Malouf Peter Brennan |
Y Y |
3 000 000 6 900 000 |
||||||||
| Honoraires d'intermédiation: | Industrielle Alliance Valeurs mobilières inc. a reçu 153 750 $ en espèces et 3 075 000 options de rémunération non-transférables. Chaque bon de souscription de l'agent permet au titulaire d'acquérir une action ordinaire au prix d'exercice de 0,10 $ l'action jusqu'au 25 novembre 2013. |
La société a confirmé la clôture du placement privé par voie d'un communiqué de presse émis le 28 mai 2012.
___________________________________________________
TOTAL TELCOM INC. ("TTZ")
BULLETIN TYPE: Company Tier Reclassification
BULLETIN DATE: May 30, 2012
TSX Venture Tier 1 Company
In accordance with Policy 2.5, the Company has not maintained the requirements for a Tier 1 company. Therefore, effective the open, Thursday, May 31, 2012, the Company's Tier classification will change from Tier 1 to:
Classification
Tier 2
________________________________________
TRANSEURO ENERGY CORP. ("TSU")
BULLETIN TYPE: Private Placement-Brokered, Convertible Debenture/s
BULLETIN DATE: May 30, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced April 30, 2012:
| Convertible Debenture: | NOK $60,000,000 (CAN$10,278,000) | |||||||||
| Conversion Terms: | Each Bond has a nominal value of NOK$500,000 and has a term of three years having a coupon rate of 12% per annum, payable annually in arrears commencing one year after closing. The principal amount of the Bond may be convertible into common shares of the Company at a deemed price of NOK$0.85 per share (Cdn. equivalent $0.146. Up to 105,882,352 shares). |
|||||||||
| After the first coupon date in 2013, the Company may call the remaining part of the loan at its par value plus accrued interest, provided that the parity value has exceeded NOK$750,000. In addition, the Company may, at any time during the term of the loan, and provided that 90% or more of the originally issued Bonds have been redeemed or converted into shares, call the remaining part of the loan at its par value plus accrued interest. |
||||||||||
| Maturity date: | Three years from closing | |||||||||
| Interest rate: | 12% | |||||||||
| Number of Placees: | 25 placees | |||||||||
| Insider / Pro Group Participation: | ||||||||||
| Name |
Insider=Y / ProGroup=P / |
Principal Amount |
||||||||
| David Worrall Bob Petryk Pedro Paulo |
Y Y Y |
NOK $200,000 NOK $200,000 NOK $100,000 |
||||||||
| Agent's Fee: | NOK $3,240,000 (CAN $555,012) payable to Fondsfinans ASA |
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.
________________________________________
TRINORTH CAPITAL INC. ("TRT")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement, Declaration of Dividend
BULLETIN DATE: May 30, 2012
TSX Venture Tier 1 Company
Property-Asset or Share Disposition Agreement
The Exchange has accepted for filing the documentation relating to the disposition by TriNorth Capital Inc. ("TriNorth") of shares of Feronia Inc. (TSXV:FRN) owned by TriNorth as part of a proposed reorganization (the "Proposed Reorganization"). TriNorth will distribute approximately 14,913,000 common shares of Feronia to the shareholders of TriNorth on the distribution record date, on the basis of 0.0988 common shares of Feronia for every one common share of TriNorth held. After the distribution, TriNorth will hold approximately 1,000,000 common shares of Feronia.
For further information regarding the Proposed Reorganization, please refer to the TriNorth management information circular dated April 27, 2012, which is available on SEDAR.
Declaration of Dividend
TriNorth has declared the following dividend in connection with the Proposed Reorganization:
| Dividend per 1 TriNorth share: Payable Date: Record Date: Ex-Dividend Date: |
0.0988 Feronia shares July 15, 2012 May 11, 2012 May 9, 2012 |
TriNorth was a TSX Venture Exchange Tier 2 Investment Issuer at the time of the Ex-Dividend Date. A bulletin will be issued upon completion of the remaining components of the Proposed Reorganization.
________________________________________
WELICHEM BIOTECH INC. ("WBI")
BULLETIN TYPE: Halt
BULLETIN DATE: May 30, 2012
TSX Venture Tier 2 Company
Effective at 9:26 a.m. PST, May 30, 2012, 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.
________________________________________
WELICHEM BIOTECH INC. ("WBI")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 30, 2012
TSX Venture Tier 2 Company
Effective at 12:30 p.m., PST, May 30, 2012, shares of the Company resumed trading, an announcement having been made.
________________________________________
Market Information Services at 1-888-873-8392, or email: [email protected]
Share this article