VANCOUVER, July 6, 2012 /CNW/ -
TSX VENTURE COMPANIES:
ANERGY CAPITAL INC. ("ACA.P")
BULLETIN TYPE: Notice - QT Not Completed - Approaching 24 Months of Listing
BULLETIN DATE: July 6, 2012
TSX Venture Tier 2 Company
The shares of the Company were listed on TSX Venture Exchange on August 6, 2010. The Company, which is classified as a Capital Pool Company ('CPC'), is required to complete a Qualifying Transaction ('QT') within 24 months of its date of listing, in accordance with Exchange Policy 2.4.
The records of the Exchange indicate that the Company has not yet completed a QT. If the Company fails to complete a QT by its 24-month anniversary date of August 7, 2012, the Company's trading status may be changed to a halt or suspension without further notice, in accordance with Exchange Policy 2.4, Section 14.6.
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BLUE SKY URANIUM CORP. ("BSK")
WINDSTORM RESOURCES INC. ("WSR")
BULLETIN TYPE: Plan of Arrangement, Delist
BULLETIN DATE: July 6, 2012
TSX Venture Tier 2 Companies
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with an Arrangement Agreement (the "Agreement") between Blue Sky Uranium Corp. ("Blue Sky") and Windstorm Resources Inc. ("Windstorm") dated May 22, 2012. Pursuant to the Agreement, Blue Sky acquired from the shareholders of Windstorm all of the issued and outstanding common shares of Windstorm for consideration of 0.38868 of a common share of Blue Sky for each common share of Windstorm (the "Share Exchange Ratio"). The holders of outstanding stock options and warrants of Windstorm received equivalent stock options and warrants of Blue Sky on the basis of the same Share Exchange Ratio.
The Exchange has been advised that approval of the Arrangement by shareholders of Windstorm was received at a meeting of the shareholders held on June 28, 2012 and that approval of the Arrangement was received from the Supreme Court of British Columbia on July 3, 2012. The full particulars of the Arrangement are set forth in Windstorm's Information Circular dated May 24, 2012 which is available under Windstorm's profile on SEDAR.
Blue Sky and Windstorm closed the Arrangement on July 5, 2012.
Post - Arrangement (Blue Sky):
| Capitalization: Escrow: |
unlimited 16,702,010 169,051 |
shares with no par value of which shares are issued and outstanding Blue Sky shares will be held under a Form 46-201F1 Escrow Agreement pursuant to the terms of an existing Form 46-201F1 Escrow Agreement of Windstorm |
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| Transfer Agent: | Computershare Investment Services Inc. | |||||||||
| Trading Symbol: CUSIP Number: |
BSK 096049 40 8 |
(UNCHANGED) (UNCHANGED) |
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Delisting:
In conjunction with the closing of the Arrangement, Windstorm has requested that its common shares be delisted. Accordingly, effective at the close of business, Monday, July 9, 2012, the common shares of Windstorm will be delisted from the Exchange.
Insider / Pro Group Participation: Prior to the Arrangement, Gerald Carlson was a director and securityholder of both Blue Sky and Windstorm.
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C2C INDUSTRIAL PROPERTIES INC. ("CCH")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 6, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Purchase and Sale Agreement (the "Agreement") made as of April 13, 2012, between C2C Industrial Properties Inc. (the "Company"), and several arm's-length parties (collectively, the "Vendors"), whereby the Company has agreed to acquire a portfolio of seven industrial properties aggregating approximately 793,000 square feet of gross leasable area on 44.2 acres of land, well-located in Montreal Quebec, Mississauga Ontario and Edmonton Alberta.
The total purchase price, including acquisition costs, will be approximately $70.5 million, which is to be satisfied by the assumption of an existing $10.0 million mortgage maturing June 1, 2014 with an effective interest rate of 3.25%, a new 24-month $34.8 million mortgage with an effective interest rate of 5.00%, and a new 18-month $21.5 million second mortgage with an effective interest rate of 9.25%. The balance of $4.2 million is to be paid in cash.
Upon completion of the acquisition, the Company's portfolio will consist of 21 industrial properties aggregating approximately 2 million square feet of gross leasable area, well-situated in urban growth markets across Canada.
For further details, please refer to the Company's new release June 4, 2012.
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CANGOLD LIMITED ("CLD")
BULLETIN TYPE: Warrant Term Extension, Warrant Price Amendment
BULLETIN DATE: July 6, 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: Original Exercise Price of Warrants: New Exercise Price of Warrants: Forced Exercise Provision: |
5,000,000 July 12, 2012 (tranche 1), August 25, 2012 (tranche 2) December 31, 2012 $0.75 $0.20 If the closing price for the Company's shares is $0.26 or greater for a period of 10 consecutive trading days, then the warrant holders will have 30 days to exercise their warrants; otherwise the warrants will expire on the 31st day. |
These warrants were issued pursuant to a private placement of 10,000,000 shares with 5,000,000 share purchase warrants attached, which was accepted for filing by the Exchange effective October 14, 2011.
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COMSTOCK METALS LTD. ("CSL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 6, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the First Tranche of a Non-Brokered Private Placement announced June 29, 2012:
| Number of Shares: |
625,000 Flow-through shares 1,170,000 Non Flow-through shares |
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| Purchase Price: |
$0.20 per Flow-through share $0.15 per Non Flow-through share |
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| Warrants: |
312,500 share purchase warrants to purchase 312,500 shares 1,170,000 share purchase warrants to purchase 1,170,000 shares |
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| Warrant Exercise Price: |
$0.30 for a two year period $0.40 in the third year $0.50 in the fourth year $0.60 in the fifth year (Subject to an acceleration clause) |
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| Number of Placees: | 12 placees | ||||||||
| Finder's Fee: | Leede Financial Markets Inc. $4,200 cash and 28,000 Finder's warrants payable. | ||||||||
| - Each Finder warrant is exercisable into one common share at $0.15 for two years from 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.
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CURLEW LAKE RESOURCES INC. ("CWQ")
BULLETIN TYPE: Consolidation
BULLETIN DATE: July 6, 2012
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders June 22, 2012, the Company has consolidated its capital on a ten (10) old for one (1) new basis and has subsequently increased its authorized capital. The name of the Company has not been changed.
Effective at the opening, Monday, July 9, 2012, the consolidated shares of Curlew Lake Resources Inc. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as an 'Oil & Gas Exploration/Development' company.
| Post - Consolidation Capitalization: Escrow |
Unlimited 9,946,953 Nil |
shares with no par value of which shares are issued and outstanding shares are subject to escrow |
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| Transfer Agent: | Computershare Investor Services Inc. | |||||||||
| Trading Symbol: CUSIP Number: |
CWQ 23129E206 |
(UNCHANGED) (new) |
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FISSION ENERGY CORP. ("FIS")
PITCHSTONE EXPLORATION LTD. ("PXP")
BULLETIN TYPE: Plan of Arrangement, Delist
BULLETIN DATE: July 6, 2012
TSX Venture Tier 1 Companies
1. Plan of Arrangement:
Pursuant to a special resolution passed by the shareholders of Pitchstone Exploration Ltd. ("Pitchstone") on June 28, 2012, Pitchstone and Fission Energy Corp. ("Fission") have completed a plan of arrangement under Section 288 of the Business Corporations Act (British Columbia). The Plan of Arrangement has been completed on July 5, 2012, and has resulted in Pitchstone becoming a wholly-owned subsidiary of Fission. Each Pitchstone share outstanding immediately prior to the Closing was transferred to Fission at Closing, free and clear of any encumbrances. In exchange therefore, each former Pitchstone shareholder will be entitled to receive 0.2145 of a Fission share for each Pitchstone share.
Post - Arrangement - Fission:
| Capitalization: Escrow: |
unlimited 124,508,960 Nil |
common shares with no par value of which common shares are issued and outstanding shares |
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| Transfer Agent: | Computershare Trust Company of Canada | |||||||||
| Trading Symbol: CUSIP Number: |
FIS 338125 10 7 |
(UNCHANGED) (UNCHANGED) |
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2. Delist:
Effective at the close of business, Monday, July 9, 2012, the common shares of Pitchstone will be delisted from TSX Venture Exchange at the request of the Company.
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GOLDEN BRIDGE MINING CORPORATION ("GBM")
[formerly: Greater China Capital Inc. ("GCA.P")]
BULLETIN TYPE: Qualifying Transaction-Completed, Private Placement-Non-Brokered, Name Change, Reinstated for Trading
BULLETIN DATE: July 6, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Filing Statement dated June 13, 2012. As a result, at the opening, Monday, July 9, 2012, the Company will no longer be considered a Capital Pool Company and trading in the shares of the Company will be reinstated. The Qualifying Transaction was completed by the assignment and assumption of an option agreement (the "Assumption Agreement") with Northern Skye Resources Inc. ("Northern Skye"), Trueclaim Exploration Inc. ("Trueclaim") and Frank Tagliamonte ("Tagliamonte") as a Qualifying Transaction. Pursuant to the Assumption Agreement, Northern Skye agreed to sell, transfer, assign and convey to the Company (i) a 50% right and interest in and to the 5 claims under the Tagliamonte Option Agreement and (ii) an undivided 50% legal and beneficial interest in 86 claims contiguous to the Tagliamonte claims (collectively, the "Hebecourt Property") in Quebec in consideration for the Company assuming all of the obligations and liabilities of Northern Skye under the Tagliamonte Option Agreement, as well as cash reimbursement of $121,774 exploration expenditures to Northern Skye. Under the Tagliamonte Option Agreement, the Company will have to make an aggregate cash payment of $300,000, issue an aggregate of 185,000 common shares to Tagliamonte and incur cumulative expenditures of not less than $2,500,000 on or in respect of the claims under the Tagliamonte Option Agreement over the next 48 months.
Private placement- Non Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement:
| Number of Shares: | 3,963,504 common shares | ||||||||
| Purchase Price: | $0.22 per common share | ||||||||
| Warrants: | 1,981,752 share purchase warrants to purchase 1,981,752 common shares | ||||||||
| Warrant Exercise Price: | $0.35 for a one-year period | ||||||||
| Number of Placees: | 7 placees | ||||||||
| Finder's Fees: |
$13,728 paid to Portfolio Strategies Securities Inc. $56,030 paid to Ling Qu |
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.
Name Change
Pursuant to a resolution passed by shareholders on May 8, 2012, the Company has changed its name. There is no consolidation of capital.
Effective at the opening, Monday, July 9, 2012, the common shares of Golden Bridge Mining Corporation will commence trading on TSX Venture Exchange, and the common shares of Greater China Capital Inc. will be delisted. The Company is classified as an "Exploration/Development" company.
| Capitalization: Escrow: Escrow term: |
Unlimited 12,923,739 1,949,856 36 |
number of shares with no par value of which shares are issued and outstanding common shares months |
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| CUSIP number: Symbol: |
38082B106 GBM |
(new) (new) |
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JUNEX INC. ("JNX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 6, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a non-brokered Private Placement announced on June 8, 2012:
| Number of Shares: | 7,142,857 common shares | ||||||||
| Purchase Price: | $0.70 per common share | ||||||||
| Warrants: | 3,571,428 warrants to purchase 3,571,428 common shares | ||||||||
| Warrants Exercise Price: | $0.875 per share for a period of 36 months following the closing of the Private Placement | ||||||||
| Number of Placees: | 1 placee |
The Company has confirmed the closing of the Private Placement by way of a press release dated June 29, 2012.
JUNEX INC. (« JNX »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 6 juillet 2012
Société du groupe 1 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 8 juin 2012 :
| Nombre d'actions : | 7 142 857 actions ordinaires | ||||||
| Prix : | 0,70 $ par action ordinaire | ||||||
| Bons de souscription : | 3 571 428 bons permettant d'acquérir 3 571 428 actions ordinaires | ||||||
| Prix d'exercice des bons : | 0,875 $ par action pendant une période de 36 mois suivant la clôture du placement privé | ||||||
| Nombre de souscripteurs : | 1 souscripteur |
La société a confirmé la clôture du placement privé par voie d'émission d'un communiqué de presse daté du 29 juin 2012.
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METANOR RESOURCES INC. ("MTO")
BULLETIN TYPE: Halt
BULLETIN DATE: July 6, 2012
TSX Venture Tier 1 Company
Effective at 5:20 a.m. PST, July 6, 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.
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METANOR RESOURCES INC. ("MTO")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 6, 2012
TSX Venture Tier 1 Company
Effective at 7:15 a.m., PST, July 6, 2012, shares of the Company resumed trading, an announcement having been made.
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MIDWAY GOLD CORP. ("MDW")
BULLETIN TYPE: Prospectus-Unit Offering
BULLETIN DATE: July 6, 2012
TSX Venture Tier 1 Company
The Company's Prospectus Supplement dated June 26, 2012 to a Short Form Base Shelf Prospectus dated April 21, 2011 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the British Columbia Securities Commission on April 21, 2011 pursuant to the provisions of the Securities Act.
TSX Venture Exchange has been advised that closing occurred on July 6, 2012 for gross proceeds of US$15,694,799.
| Underwriters: |
RBC Dominion Securities Inc. Haywood Securities Inc. Stifel Nicolaus Canada Inc. |
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| Offering: | 12,261,562 units, including the partial exercise of the Over-Allotment Option (defined below) of 511,562 units. Each unit consisting of one share and one-half of one transferable warrant. Each whole warrant is exercisable for one common share | ||||||
| Unit Price: | US$1.28 per unit | ||||||
| Warrant Exercise Price/Term: | Each whole warrant entitles the holder to acquire one additional common share at a price of US$1.85 per share until January 6, 2014, subject to acceleration in certain circumstances. | ||||||
| Underwriter's Fee: | A cash fee of 6% of the aggregate gross proceeds | ||||||
| Over-Allotment Option: | The Underwriters were granted an option (the "Over-Allotment Option") to purchase up to an additional 1,762,500 units at a price of US$1.28 per unit and/or up to an additional 881,250 warrants until 5.00pm (Vancouver time) on August 6, 2012. |
For further information, please see the Companies Final short form prospectus dated April 21, 2011, and draft shelf prospectus supplement dated June 25, 2012, both of which are filed on SEDAR.
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NORTH AMERICAN NICKEL INC. ("NAN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 6, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 14, 2012:
| Number of Shares: | 20,000,000 shares | ||||||||||||||
| Purchase Price: | $0.17 per share | ||||||||||||||
| Warrants: | 10,000,000 share purchase warrants to purchase 10,000,000 shares | ||||||||||||||
| Warrant Exercise Price: | $0.21 for a two year period | ||||||||||||||
| Number of Placees: | 1 placee | ||||||||||||||
| Insider / Pro Group Participation: | |||||||||||||||
| Name |
Insider=Y / ProGroup=P |
# of Shares |
|||||||||||||
| Sentient Executive GP IV, Limited (Gregory Link, Susanne Sesslemann, and Peter Cassidy) |
Y |
20,000,000 |
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. 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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NQ EXPLORATION INC. ("NQE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 6, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement announced on April 26, 2012:
| Number of Shares: | 1,538,462 common shares | ||||||||
| Purchase Price: | $0.065 per common share | ||||||||
| Warrants: | 769,231 warrants to purchase 769,231 common shares | ||||||||
| Warrants Exercise Price: | $0.10 per share for a period of 24 months following the closing of the Private Placement | ||||||||
| Number of Placees: | 2 placees |
The Company has confirmed the closing of the above-mentioned Private Placement by way of a press release.
EXPLORATION NQ INC. (« NQE »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 6 juillet 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 sans l'entremise d'un courtier tel qu'annoncé le 26 avril 2012.
| Nombre d'actions : | 1 538 462 actions ordinaires | ||||||
| Prix : | 0,065 $ par action ordinaire | ||||||
| Bons de souscription : | 769 231 bons permettant d'acquérir 769 231 actions ordinaires | ||||||
| Prix d'exercice des bons : | 0,10 $ pendant une période de 24 mois suivant la clôture du placement privé | ||||||
| Nombre de souscripteurs : | 2 souscripteurs |
La société a confirmé la clôture du placement privé mentionné ci-dessus par un communiqué de presse.
_______________________________________________
POYNT CORPORATION ("PYN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 6, 2012
TSX Venture Tier 2 Company
Effective at 8:00 a.m., PST, July 6, 2012, shares of the Company resumed trading, an announcement having been made.
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SAGRES ENERGY INC. ("SGI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 6, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on May 4, 2012 and closed on July 3, 2012:
| Number of Securities: |
10,833,333 common share units ("Units") Each Unit consists of one common share and one common share purchase warrant |
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| Purchase Price: | $0.06 per Unit | |||||
| Warrants: | 10,833,333 share purchase warrants to purchase 10,833,333 shares | |||||
| Warrant Exercise Price: |
$0.12 for up to 18 months from date of closing. Warrants are subject to an early exercise provision as detailed in the Company's press release dated May 4, 2012 |
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| Number of Placees: | 2 placees | |||||
| Insider / Pro Group Participation: | None. | |||||
| Finder Fees: | None |
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SIMBA ENERGY INC. ("SMB")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: July 6, 2012
TSX Venture Tier 2 Company
Further to the bulletin dated April 19, 2012, TSX Venture Exchange has accepted an amendment to a Non-Brokered Private Placement announced March 2, 2012 and April 3, 2012. The amendment relates to the payment of two additional finder's fees as follows. All other terms are unchanged:
| Finders' Fees: |
Canaccord Genuity Corp. receives $10,560.00 and 132,000 Broker's Warrants* Macquarie Private Wealth Inc. (Toronto) receives $55,200.00 and 690,000 Broker's Warrants* Roche Securities Ltd. receives $30,000.00 and 375,000 Broker's Warrants* Macquarie Private Wealth Inc. (Vancouver) receives $960.00 and 12,000 Broker's Warrants* Mackie Research Capital Corporation receives $720 and 9,000 Broker's Warrants* Topleft Securities Ltd. receives $15,000 and 187,500 Broker's Warrants* |
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| *Each Broker's Warrant is exercisable into one common share of the Company at a price of $0.16 per share for a period of 24 months from the date of issuance. |
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SOLIMAR ENERGY LIMITED ("SXS")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: July 6, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue up to 2,750,396 shares at a deemed price of $0.07 per share to Dr. Charle Gamba, Jason Bednar and John Begg in lieu of fees earned.
| Number of Creditors: | 3 Creditors | |||||||||||||||||||||||
| Insider / Pro Group Participation: | ||||||||||||||||||||||||
| Creditor |
Insider=Y / Progroup=P |
Amount Owing |
Deemed Price per Share |
# of Shares |
||||||||||||||||||||
| Charle Gamba Bason Bednar John Begg |
Y Y Y |
$36,292 $31,236 $125,000 |
$0.07 $0.07 $0.07 |
518,452 446,230 1,785,714 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
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SUSTAINABLE ENERGY TECHNOLOGIES LTD. ("STG")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: July 6, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue common shares ("Bonus Shares") in connection with the issuance of $800,000 in 5 year subordinated debentures ("Debentures"). The Debentures are being issued at an origination discount of 12.5% and bears interest at a rate of 3% per annum, plus 0.8% of revenues realized by the Company payable quarterly in arrears. A total of 2,800,000 Bonus Shares at a deemed price of $0.05 per Bonus Share will be issued, or 3,500 Bonus Shares per $1,000 principal amount of Debentures.
Insider Participation:
| Shares | |||||||||||
| Michael Carten Brent Harris Justin Holland |
92,000 184,000 184,000 |
For further information please refer to the Company's press release dated June 29, 2012.
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NEX COMPANIES:
OCTANT ENERGY CORP. ("OEL")
[formerly Rain Resources Inc. ("RAN.H")]
BULLETIN TYPE: Resume Trading, Qualifying Transaction-Completed/New Symbol, Name Change, Graduation From NEX To TSX Venture, Symbol Change
BULLETIN DATE: July 6, 2012
NEX Company
Resume Trading
Effective at opening, Monday, July 9, 2012 the common shares of the Company resumed trading, an announcement having been made on March 9, 2012, as to completion of the Company's Qualifying Transaction, as set forth below.
Qualifying Transaction-Completed/New Symbol
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Information Circular dated February 10, 2012. As a result, at the opening on July 9, 2012, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the non-arm's length business combination (the "Combination") between the Company, Octant Energy Ltd. ("Octant"), a private company engaged in the evaluation of international petroleum assets formed to acquire an option for acreage in Madagascar and with a corporate structure that includes companies established for
holding of acreage in East Africa, and Propel Energy Corp. ("Propel"), a private oil and gas exploration company incorporated in Alberta with working interests in properties in Saskatchewan and Alberta. To carry out the Combination, the Company will: a) acquire all of the shares of Octant (being 40,000,000 shares) for nil consideration ($2.00); and b) execute an amalgamation between a wholly-owned subsidiary of itself with Propel to form a new entity. Consideration to complete the Combination consists of the issuance of 55,276,559 Rain shares to Propel shareholders at a deemed price of $0.11 per share for aggregate deemed consideration of $6,080,422. Propel convertible securities convertible into 4,345,082 Propel shares will also be exchanged for Rain convertible securities on a 1-for-1 basis.
| Insider / Pro Group Participation: | ||||||||||||||||||||||||||||||||
| Name |
Insider=Y / ProGroup=P |
# of Shares |
||||||||||||||||||||||||||||||
| J. Christopher McLean Rick Schmitt William Evaroa Murray Atkins |
Y Y Y Y |
15,000,000 5,000,000 1,500,000 6,443,939 |
The Exchange has been advised that the above transactions, approved by Shareholders on March 9, 2012, have been completed.
In addition, the Exchange has accepted for filing the following:
Name Change
Pursuant to a resolution passed by shareholders on March 9, 2012, the Company has changed its name from Rain Resources Inc. to Octant Energy Corp. There is no consolidation of capital.
Effective at the opening, Monday, July 9, 2012, the common shares of Octant Energy Corp. will commence trading on TSX Venture Exchange, and the common shares of Rain Resources Inc. will be delisted.
Graduation From NEX to TSX Venture, Symbol Change
The Company has met the requirements to be listed as a TSX Venture Tier 2 Company. Therefore, effective on July 9, 2012, the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to Calgary.
Effective at the opening, Monday, July 9, 2012 the trading symbol for the Company will change from RAN.H to OEL. The Company is classified as an 'oil and gas exploration and development' company.
| Capitalization: Escrow: |
|
|
unlimited 63,737,641 27,943,939 23,193,939 1,400,000 |
common shares with no par value of which common shares are issued and outstanding common shares, of which common shares are subject to a Tier 2 Value Escrow Agreement and common shares remain subject to a CPC Escrow Agreement |
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| Transfer Agent: | Computershare Trust Company of Canada | |||||||||
| Trading Symbol: CUSIP Number: |
OEL 67572U 10 0 |
(new) (new) |
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| Company Contact: Company Address: Company Phone Number: Company Fax Number: |
William Evaroa, Chief Financial Officer 200, 640-6th Ave. S.W. Calgary, Alberta T2P 0S4 +971 4 363 9500 +971 (0)4 360 6938 |
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VERDANT FINANCIAL PARTNERS I INC. ("VFI.H")
BULLETIN TYPE: Stock Split, Remain Suspended
BULLETIN DATE: July 6, 2012
NEX Company
Stock Split:
Pursuant to a Special Resolution passed by shareholders on June 21, 2012, the Company's common shares will be split on a 1 old for 1.292558054489 new basis.
The common shares of the Company will be listed and remain suspended on a split basis at the opening, Monday, July 9, 2012. The Company is classified as a 'Capital Pool' company.
| Post - Split Capitalization: Escrowed Shares: |
Unlimited 3,534,500 1,034,042 |
shares with no par value of which shares are issued and outstanding CPC escrowed shares |
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| Transfer Agent: | Equity Financial Trust Company | |||||||||
| Trading Symbol: CUSIP Number: |
VFI.H 92337K 10 6 |
(unchanged) (unchanged) |
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Shareholder approval to a Special Resolution providing for a 1 old for 1.292558054489 new split was obtained at the Annual General Meeting held June 21, 2012. Common shareholders of record at the close of business July 6, 2012 will be mailed additional certificates. The push-out method will be used to effect the split.
Remain Suspended:
Further to the TSX Venture bulletin dated January 23, 2012, trading in the shares of the Company will remain suspended. Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
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Market Information Services at 1-888-873-8392, or email: [email protected]
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