VANCOUVER, Aug. 7, 2012 /CNW/ -
TSX VENTURE COMPANIES:
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: August 7, 2012
TSX Venture Tier 2 Company
A Cease Trade Order has been issued by the Autorité des marchés financiers on August 6, 2012, against the following Company for failing to file the document indicated within the required time period:
| Symbol |
Company |
Failure to File |
Period Ending (Y/M/D) |
|||||||||
| ("HIS") |
Hart Stores Inc. |
Annual Financial Statements Quarterly Financial Statements |
12/01/29 12/04/30 |
Upon revocation of the 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.
TYPE DE BULLETIN : Interdiction d'opérations sur valeurs
DATE DU BULLETIN : Le 7 août 2012
Société du groupe 2 de TSX Croissance
Une interdiction d'opérations sur valeurs a été émise le 6 août 2012 par l'Autorité des marchés financiers envers la société suivante pour défaut de déposer le document indiqué dans la période prescrite :
| Symbole |
Société |
Défaut de déposer |
Période se terminant (A/M/J) |
|||||||||
| (« HIS ») |
Magasins Hart Inc. |
États financiers annuels États financiers intermédiaires |
12/01/29 12/04/30 |
Suite à l'interdiction d'opérations sur valeurs, la négociation des titres de la société demeurera suspendue jusqu'à ce que la société réponde aux normes de Bourse de croissance TSX. Il est interdit aux membres de transiger les titres de la société durant la période de suspension ou jusqu'à un avis ultérieur.
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ADVANCED PRIMARY MINERALS CORPORATION ("APD")
BULLETIN TYPE: Halt
BULLETIN DATE: August 7, 2012
TSX Venture Tier 2 Company
Effective at 12:25 p.m. PST, August 7, 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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AVEDA TRANSPORTATION AND ENERGY SERVICES INC. ("AVE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 7, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pursuant to an Asset Purchase Agreement (the "Agreement") between the Company and 1st Rate Energy Services Inc. ("1st Rate") and a privately owned company controlled by a director of 1st Rate (collectively, the "Vendors"). As per the terms of the Agreement, the Company has agreed to the acquisition of certain operating assets of the Vendors. In consideration the Company will pay $7,520,000 to the Vendors.
No Insider / Pro Group Participation.
For further information, please refer to the Company's press releases dated July 24, 2012.
________________________________________
BLACKBIRD ENERGY INC. ("BBI")
BULLETIN TYPE: Halt
BULLETIN DATE: August 3, 2012
TSX Venture Tier 2 Company
Effective at 1:19 p.m. PST, August 3, 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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BLACKBIRD ENERGY INC. ("BBI")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 7, 2012
TSX Venture Tier 2 Company
Effective at 6:45 a.m., PST, August 7, 2012, shares of the Company resumed trading, an announcement having been made.
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CANAM COAL CORP. ("COE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 7, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to the Option Exercise Agreement (the "Exercise Agreement") dated July 26, 2012 with respect to an Option Agreement (the "Option Agreement") dated May 9, 2011 between the Company and Thomas Lewis, Robert Lewis and R. Wayne Bass (collectively, the "Vendors"). The Company has chosen to exercise an option granted by the Vendors pursuant to the Option Agreement to acquire 30% of the issued and outstanding shares of common stock of Birmingham Coal & Coke Company Inc. and 30% of the ownership interests in Cahaba Contracting & Reclamation LLC.
In consideration, the Company will pay the Vendors an aggregate purchase price of US$11,505,682 consisting of the issuance of 9.5% non-convertible, unsecured debentures in an aggregate principal amount of US$6,000,000 maturing on the fourth anniversary of the closing date, together with 7,500,000 series A warrants ("A Warrants") and 6,000,000 series B warrants ("B Warrants"), and US$5,505,682 in cash. Each A Warrant entitles the holder to purchase one series A common share of the Company at an exercise price of $0.20 for a period of four years from the date of issuance. Each B Warrant entitles the holder to purchase one series B common share of the Company at an exercise price of $0.25 for a period of four years from the date of issuance.
The Exchange acknowledges that there is an exercise restriction on the A Warrant and B Warrant certificates. Disinterested shareholder approval is required prior to the exercise of any of the A Warrants and B Warrants issued to the Vendors.
________________________________________
DIFFERENCE CAPITAL FUNDING INC. ("DCF")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 7, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Share Purchase Agreement (the "Agreement") dated July 27, 2012, between Difference Capital Funding Inc. (the "Company") and two (2) non arm's-length parties (collectively the "Vendors"), whereby the Company has agreed to purchase 3,378,400 common shares of 7887728 Canada Inc. - a private company that now owns all of the shares of QuickPlay Media Inc ("QuickPlay") - a provider of cloud-based infrastructure for premium media services.
The total purchase price of CDN$2,364,880 or (CDN$0.70 per share) was the same consideration per share that was paid on June 29, 2012 by affiliates of Madison Dearborn Partners LLC - an arm's length party to QuickPlay, for the QuickPlay shares acquired from the Vendors and former QuickPlay shareholders.
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DRIVEN CAPITAL CORP. ("DVV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 7, 2012
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 July 24, 2012:
| Number of Shares: | 1,067,000 shares | ||||||
| Purchase Price: | $0.06 per share | ||||||
| Warrants: | 1,067,000 share purchase warrants to purchase 1,067,000 shares | ||||||
| Warrant Exercise Price: |
$0.12 for a one year period $0.18 in the second year $0.24 in the third year $0.30 in the fourth year $0.36 in the fifth year |
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| Number of Placees: | 7 placees | ||||||
| Finder's Fee: |
$702 payable to Canaccord Genuity Corp., with 13,000 warrants attached exercisable on the same terms as above. $270 payable to Haywood Securities Inc., with 5,000 warrants attached exercisable on the same terms as above. $2,899.80 payable to Macquarie Private Wealth Inc., with 53,700 warrants attached exercisable on the same terms as above. |
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.
________________________________________
DRUK CAPITAL PARTNERS INC. ("DRU.P")
BULLETIN TYPE: Notice - QT Not Completed - Approaching 24 Months of Listing
BULLETIN DATE: August 7, 2012
TSX Venture Tier 2 Company
The shares of the Company were listed on TSX Venture Exchange on September 7, 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 September 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.
FAIRMONT RESOURCES INC. ("FMR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 7, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a letter agreement dated July 25, 2012 between the Company and David R. Healey (the 'Vendor') pursuant to which the Company obtains an option to acquire a 100% interest in the Houghton Creek Property in Ontario (the 'Property'). By way of consideration, the Company will pay to the Vendor in stages a total of $22,000 in cash and issue a total of 225,000 shares at a deemed price of $0.07 per share. The Company must also incur expenditures of $150,000 over three years. The Property is subject to a 2% NSR in favour of the Vendor, of which 1% may be purchased by the Company for $1,000,000 at any time prior to the commencement of commercial production.
Please refer to the Company's news release of July 26, 2012 for further details.
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FIRST POINT MINERALS CORP ("FPX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 7, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 19, 2012:
| Number of Shares: | 779,382 shares | |||||||||||
| Purchase Price: | $0.56 per share | |||||||||||
| Warrants: | 28,429 share purchase warrants to purchase 28,429 shares | |||||||||||
| Warrant Exercise Price: | $0.72 for a two-year period | |||||||||||
| Number of Placees: | 1 placee | |||||||||||
| Insider / Pro Group Participation: | ||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||||
| Cliffs Natural Resources Exploration Inc. |
Y |
779,382 |
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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GEOVENCAP INC. ("GOV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 7, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement:
| Number of Shares: | 416,666 common shares | ||||||||
| Purchase Price: | $0.24 per common share | ||||||||
| Warrants: | 416,666 warrants to purchase 416,666 common shares | ||||||||
| Warrant exercise price: | $0.35 for 24 months following the closing of the private placement | ||||||||
| Number of Placees: | 1 placee |
The Company has confirmed the closing of the above-mentioned Private Placement by way of a press release dated July 24, 2012.
GEOVENCAP INC. (« GOV »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 7 août 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 :
| Nombre d'actions : | 416 666 actions ordinaires | ||||||
| Prix : | 0,24 $ par action ordinaire | ||||||
| Bons de souscription : | 416 666 bons de souscription permettant de souscrire à 416 666 actions ordinaires | ||||||
| Prix d'exercice des bons : | 0,35 $ pendant 24 mois suivant la clôture du placement privé | ||||||
| Nombre de souscripteurs : | 1 souscripteur |
La société a confirmé la clôture du placement privé mentionné ci-dessus par un communiqué de presse émis le 24 juillet 2012.
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GOLD RESERVE INC. ("GRZ")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: August 7, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing Gold Reserve Inc.'s (the "Company") proposal to restructure a portion of the Company's 5.50% Senior Subordinated Convertible Notes due 2022, as approved by shareholders on June 27, 2012.
For additional information, please refer to the Company's management information circular dated May 28, 2012, available on SEDAR.
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GRAPHITE ONE RESOURCES INC. ("GPH")
BULLETIN TYPE: Halt
BULLETIN DATE: August 7, 2012
TSX Venture Tier 2 Company
Effective at 8:17 a.m. PST, August 7, 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.
________________________________________
GRAPHITE ONE RESOURCES INC. ("GPH")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 7, 2012
TSX Venture Tier 2 Company
Effective at 10:30 a.m., PST, August 7, 2012, shares of the Company resumed trading, an announcement having been made.
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GWR RESOURCES INC. ("GWQ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 7, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 19, 2012 and July 12, 2012:
| Number of Shares: | 7,030,700 flow-through shares | ||||||
| Purchase Price: | $0.12 per share | ||||||
| Warrants: | 3,515,350 share purchase warrants to purchase 3,515,350 shares | ||||||
| Warrant Exercise Price: | $0.25 for a two year period | ||||||
| Number of Placees: | 18 placees | ||||||
| Finder's Fee: | M Partners Inc. will receive a 7% cash fee totalling $59,057.88 and 7% in Agent's Warrants that are exercisable into 492,149 common shares at $0.11 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.
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LIONS BAY CAPITAL INC. ("LBI.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 7, 2012
TSX Venture Tier 2 Company
Effective at the opening, Wednesday, August 8, 2012, trading in the shares of the Company shall resume, an announcement having been made on July 19, 2012.
The Company has filed documentation with the Exchange respective to the termination of a proposed Qualifying Transaction with Finsbury Exploration Ltd.
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OPEN GOLD CORP. ("OPG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 7, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 10, 2012:
| Number of Shares: | 6,163,000 shares | |||||||||||
| Purchase Price: | $0.05 per share | |||||||||||
| Warrants: | 6,163,000 share purchase warrants to purchase 6,163,000 shares | |||||||||||
| Warrant Exercise Price: | $0.10 for an eighteen month period | |||||||||||
| Number of Placees: | 24 placees | |||||||||||
| Insider / Pro Group Participation: | ||||||||||||
| Name |
Insider=Y / ProGroup=P |
# of Shares |
||||||||||
| Bryson Goodwin Alnoor Versi |
Y P |
760,000 200,000 |
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.
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ROXGOLD INC. ("ROG")
BULLETIN TYPE: Halt
BULLETIN DATE: August 7, 2012
TSX Venture Tier 2 Company
Effective at 5:13 a.m. PST, August 7, 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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ROXGOLD INC. ("ROG")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 7, 2012
TSX Venture Tier 2 Company
Effective at 8:30 a.m., PST, August 7, 2012, shares of the Company resumed trading, an announcement having been made.
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STRATEGIC METALS LTD. ("SMD")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: August 7, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing a Royalty Purchase Agreement dated August 1, 2012 between 828567 Canada Limited and the Company. The Company has agreed to sell:
- a 5% net profits royalty interest in the Casino copper-molybdenum-gold deposit;
- a 1% net smelter return royalty interest in the Logtung tungsten project; and
- a 1% net smelter return royalty interest in all mineral production from the Kink 3 minerals claims.
In consideration 828567 Canada Limited will pay:
- US$30 million on closing of the royalty sale; and
- an additional cash payment of US$6 million if the operator of the Casino project has obtained all necessary permits and authorizations prior to December 31, 2016 to construct and operate the project as a producing mine.
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SUNRISE RESOURCES LTD. ("SHI")
[formerly Candorado Operating Company Ltd. ("CDO")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: August 7, 2012
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders on August 2, 2012, the Company has consolidated its capital on a five (5) old for one (1) new basis. The name of the Company has also been changed as follows.
Effective at the opening, Wednesday, August 8, 2012, the common shares of Sunrise Resources Ltd. will commence trading on TSX Venture Exchange, and the common shares of Candorado Operating Company Ltd. will be delisted. The Company is classified as a 'Junior Natural Resource Mining' company.
| Post - Consolidation Capitalization: Escrow: |
Unlimited 17,955,211 Nil |
shares with no par value of which shares are issued and outstanding escrowed shares |
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| Transfer Agent: | Computershare Investor Services Inc. | |||||||||
| Trading Symbol: CUSIP Number: |
SHI 86771K 10 1 |
(new) (new) |
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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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