VANCOUVER, Sept. 7, 2012 /CNW/ -
TSX VENTURE COMPANIES:
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: September 6, 2012
TSX Venture Company
A Cease Trade Order has been issued by the British Columbia Securities Commission on September 6, 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) |
||||||||||||
| PRM |
2 |
Pro Minerals Inc. |
A comparative financial statement for its financial year ended |
2012/04/30 |
||||||||||||
| |
|
|
|
A Form 51-102F1 Management's Discussion and Analysis for the period ended |
2012/04/30 |
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.
________________________________________
ATOCHA RESOURCES INC. ("ATT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 7, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Agreement dated August 27, 2012 between the Company and Fab Carella (the "Vendor") whereby the Company has been granted an option to acquire a 100% interest in the KO Project that is located near Quesnel, British Columbia. Consideration is $1,363 and 1,350,000 common shares. The Vendor will be issued an additional 650,000 common shares upon the closing of a Joint Venture Agreement or upon the sale of the property to a third party.
________________________________________
BENTON CAPITAL CORP. ("BTC")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: September 7, 2012
TSX Venture Tier 2 Company
Pursuant to Policy 1.2, TSX Venture Exchange has been advised of, and accepted the change of the Filing and Regional Office from Toronto to Vancouver.
________________________________________
BENTON RESOURCES INC. ("BEX")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: September 7, 2012
TSX Venture Tier 1 Company
Pursuant to Policy 1.2, TSX Venture Exchange has been advised of, and accepted the change of the Filing and Regional Office from Toronto to Vancouver.
________________________________________
BIOREM INC. ("BRM")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s, Correction
BULLETIN DATE: September 7, 2012
TSX Venture Tier 1 Company
Further to our bulletin dated August 15, 2012, the placee information should have been noted as follows:
| Insider / Pro Group Participation: | ||||||||||||||||||||||||||||||||
| Name |
Insider=Y / ProGroup=P / |
Principal Amount |
||||||||||||||||||||||||||||||
| Clean Technology Fund II, LP | Y | $1,000,000 |
________________________________________
BURNSTONE VENTURES INC. ("BVE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 7, 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 August 22, 2012:
| Number of Shares: | 5,466,666 shares | ||||||||
| Purchase Price: | $0.15 per share | ||||||||
| Warrants: | 2,733,333 share purchase warrants to purchase 2,733,333 shares | ||||||||
| Warrant Exercise Price: | $0.25 for an eighteen month period | ||||||||
| Number of Placees: | 4 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. 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.
________________________________________
CARDIOCOMM SOLUTIONS, INC. ("EKG")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 7, 2012
TSX Venture Tier 2 Company
Effective at the Open, September 7, 2012, shares of the Company resumed trading, an announcement having been made.
________________________________________
CATCH THE WIND LTD. ("SCT")
BULLETIN TYPE: Private Placement-Brokered, Amendment
BULLETIN DATE: September 7, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced August 8, 2012:
| Number of Special Warrants: | 51,081,154 special warrants - each special warrant will automatically convert under certain circumstances into one common share and one warrant for no additional consideration |
||||||
| Purchase Price: | $0.06 per special warrant | ||||||
| Warrants: | 51,081,154 share purchase warrants to purchase 51,081,154 shares | ||||||
| Warrant Exercise Price: | $0.10 for a three year period | ||||||
| Number of Placees: | 33 placees | ||||||
| Insider / Pro Group Participation: | |||||||
| Name |
Insider=Y / ProGroup=P / |
# of Special Warrants |
|||||
| Hunter Hall Investment Management John Green Frederick Belen Jr. William Fetzer Martin Crotty David Garman Claudia Jaques Daniel Lacroix Susan Nickey David Fowler Debbie Haryett Akshay D'Souza William Schurr Nick Pocrnic |
Y Y Y Y Y Y Y Y Y P P P P P |
20,000,000 1,698,298 531,458 379,232 164,883 247,325 292,530 388,532 350,377 416,666 1,250,002 100,000 250,000 500,000 |
|||||
| Agent's Fee: | an aggregate of $183,892.15, plus 3,064,870 compensation options, not 3,064,469 (each exercisable at a price of $0.06 for a period of two years into one common share and one warrant; each warrant is further exercisable at a price of $0.10 until August 24, 2015 into one common share), payable to Stifel Nicolaus Canada Inc. and Fraser Mackenzie Limited |
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.
________________________________________
COREX GOLD CORPORATION ("CGE")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: September 7, 2012
TSX Venture Tier 2 Company
Further to the bulletin dated September 6, 2012 wherein the TSX Venture Exchange accepted for filing documentation with respect to the Non-Brokered Private Placement announced August 3, 2012; the following information is amended:
| Finder's Fee: | $74,060 cash and 1,322,500 options payable to Global Market Development LLC (Jefferey D. Phillips). | ||||||||||
| - Finder's fee options are exercisable at $0.15 per unit. The units are under the same terms as those to be issued pursuant to the private placement. |
The rest of the bulletin remains unchanged.
________________________________________
EVERFRONT VENTURES CORP. ("EVC.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: September 7, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated September 5, 2012, effective at 5:18 a.m., September 7, 2012, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Qualifying Transaction pursuant to TSXV Listings Policy 2.4. 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.
________________________________________
FALKIRK RESOURCES CORP. ("FLK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 7, 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 August 10, 2012:
| Number of Shares: | 10,000,000 shares | |||||||||||||||||||||||||||||||
| Purchase Price: | $0.05 per share | |||||||||||||||||||||||||||||||
| Number of Placees: | 11 placees | |||||||||||||||||||||||||||||||
| Insider / Pro Group Participation: | ||||||||||||||||||||||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||||||||||||||||||||||||
| Karl Kottmeier Kirk Gamley Douglas E. Ford BRL Consulting Inc. (Brent Lokash) Edward D. Ford Leishman Investments Ltd. (Dave Leishman) |
Y Y Y Y Y Y |
2,400,000 1,000,000 334,000 2,000,000 100,000 500,000 |
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.
________________________________________
FLYING A PETROLEUM LIMITED ("FAB")
BULLETIN TYPE: Halt
BULLETIN DATE: September 7, 2012
TSX Venture Tier 2 Company
Effective at 9:37 a.m. PST, September 7, 2012, trading in the shares of the Company was halted for failure to maintain Transfer Agent. 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.
________________________________________
FOLKSTONE CAPITAL CORP. ("FKS.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: September 7, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated August 23, 2012, effective at 8:14 a.m., September 7, 2012, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Qualifying Transaction pursuant to TSXV Listings Policy 2.4. 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.
________________________________________
FRANCHISE SERVICES OF NORTH AMERICA INC. ("FSN")
BULLETIN TYPE: Resume Trading, Reviewable Transaction-Announced
BULLETIN DATE: September 7, 2012
TSX Venture Tier 1 Company
Effective at the opening on Monday, September 10, 2012, trading in the Company's shares will resume, announcements having been made on August 28, 2012 and September 6, 2012, as to the Company's proposed acquisition of Simply Wheelz, LCC and certain other divested assets from Hertz Global Holdings, Inc.
This resumption of trading does not constitute acceptance of the Reviewable Transaction, and should not be construed as an assurance of the merits of the transaction or the likelihood of completion. The Company is required to submit all of the required initial documentation relating to the transaction. IF THIS DOCUMENTATION IS NOT PROVIDED, OR IS INSUFFICIENT, A TRADING HALT MAY BE RE-IMPOSED.
Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange acceptance. There is a risk that the transaction will not be accepted or that the terms of the transaction may change substantially prior to acceptance. SHOULD THIS OCCUR, A TRADING HALT MAY BE RE-IMPOSED.
________________________________________
GIYANI GOLD CORP. ("WDG")
BULLETIN TYPE: Halt
BULLETIN DATE: September 7, 2012
TSX Venture Tier 2 Company
Effective at 6:20 a.m. PST, September 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.
________________________________________
KNICK EXPLORATION INC. ("KNX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 7, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to two acquisition agreements dated September 1, 2012, in connection with the acquisition of a total of 16 mining claims situated in the Dalquier Township area, in the province of Québec. The consideration payable by the Company consists in the payment of a total of $25,000 and the issuance of a total of 2,000,000 common shares.
The Vendors will retain a 2% Gross Metal Royalty (GMR) half of which (1%) may be repurchased for an aggregate sum of $2,000,000.
For further information, please refer to the Company's press release dated September 4, 2012.
EXPLORATION KNICK INC. (« KNX »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 7 septembre 2012
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents relativement à deux conventions d'acquisition datées du 1 septembre 2012, concernant l'acquisition par la société d'un total de 16 claims miniers situés sur le canton Dalquier au Québec. La considération payable par la société consiste au paiement total de 25 000 $ et à l'émission d'un total de 2 000 000 d'actions ordinaires.
Les vendeurs conserveront une royauté « GMR » de 2,0 % dont la moitié (1 %) peut-être rachetée pour une somme totale de 2 000 000 $.
Pour plus d'information, veuillez vous référer au communiqué de presse émis par la société le 4 septembre 2012.
________________________________
OPEN EC TECHNOLOGIES, INC. ("OCE")
BULLETIN TYPE: Halt
BULLETIN DATE: September 7, 2012
TSX Venture Tier 2 Company
Effective at 10:44 a.m. PST, September 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.
________________________________________
PROVENTURE INCOME FUND ("PVT.UN")
BULLETIN TYPE: Halt
BULLETIN DATE: September 7, 2012
TSX Venture Tier 1 Company
Effective at 11:35 a.m. PST, September 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.
________________________________________
Q-GOLD RESOURCES LTD. ("QGR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 7, 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 August 29, 2012:
| Number of Shares: | 3,482,000 shares | |||||||||
| Purchase Price: | $0.08 per share | |||||||||
| Warrants: | 3,482,000 share purchase warrants to purchase 3,482,000 shares, subject to an accelerated expiry | |||||||||
| Warrant Exercise Price: | $0.12 for a two year period | |||||||||
| Number of Placees: | 21 placees | |||||||||
| Insider / Pro Group Participation: | ||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||
| Kerry Chow Jacqueline Chow Roberto Chu |
P P P |
300,000 200,000 300,000 |
||||||||
| Finder's Fee: |
$960 payable to Canaccord Genuity Corp., with 15,000 warrants attached, exercisable at $0.12 for two years, subject to an accelerated expiry $640 payable to Leede Financial Markets Inc., with 10,000 warrants attached, exercisable at $0.12 for two years, subject to an accelerated expiry $9,600 payable to Haywood Securities Inc., with 150,000 warrants attached, exercisable at $0.12 for two years, subject to an accelerated expiry |
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.
________________________________________
QUARTET RESOURCES LIMITED ("QRL.P")
BULLETIN TYPE: New Listing-CPC-Shares, Halt
BULLETIN DATE: September 7, 2012
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Prospectus dated August 23, 2012 has been filed with and accepted by TSX Venture Exchange and the Alberta, British Columbia and Ontario Securities Commissions effective August 24, 2012, pursuant to the provisions of the Alberta, British Columbia and Ontario Securities Acts. The Common Shares of the Company will be listed on TSX Venture Exchange on the effective date stated below.
The Company has completed its initial distribution of securities to the public. The gross proceeds received by the Company for the Offering were $200,000 (2,000,000 common shares at $0.10 per share).
| Commence Date: | At the opening on Monday, September 10, 2012, the Common shares will commence trading on TSX Venture Exchange. Trading in the shares of the Company will be immediately halted pending receipt of acceptable documentation regarding the Capital Pool Company listing pursuant to Exchange Policy 2.4. |
|||||||||
| Corporate Jurisdiction: | Hong Kong | |||||||||
| Capitalization: Escrowed Shares: |
100,000,000,000 11,700,000 9,700,000 |
common shares with no par value of which common shares are issued and outstanding common shares |
||||||||
| Transfer Agent: Trading Symbol: CUSIP Number: Sponsoring Member: |
Olympia Trust Company QRL.P Y71657 10 3 Mackie Research Capital Corporation |
|||||||||
| Agent's Options: | 200,000 non-transferable stock options. One option to purchase one share at $0.10 per share up to September 10, 2014. |
|||||||||
For further information, please refer to the Company's Prospectus dated August 23, 2012.
| Company Contact: Company Address: Company Phone Number: Company Email Address: |
Lord Simon Reading, President and CEO Rooms 1307-8, Dominion Centre 43-59 Queen's Road East Wanchai, Hong Kong 44 77 9614-4765 None |
Seeking QT primarily in these sectors:
- Resource
________________________________________
ROCA MINES INC. ("ROK")
BULLETIN TYPE: Halt
BULLETIN DATE: September 7, 2012
TSX Venture Tier 2 Company
Effective at 4:57 a.m. PST, September 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.
________________________________________
ROYAL LIFESCIENCE CORP. ("RLS.P")
BULLETIN TYPE: Remain Halted -
BULLETIN DATE: September 7, 2012
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated September 6, 2012, effective at 5:41 a.m., September 7, 2012, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Qualifying Transaction pursuant to TSXV Listings Policy 2.4. 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.
________________________________________
RYE PATCH GOLD CORP. ("RPM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 7, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 31, 2012 and August 16, 2012:
| Number of Shares: | 7,796,301 shares | ||||||||
| Purchase Price: | $0.50 per share | ||||||||
| Warrants: | 3,898,150 share purchase warrants to purchase 3,898,150 shares | ||||||||
| Warrant Exercise Price: | $0.75 for a two year period from issuance | ||||||||
| Number of Placees: | 77 placees | ||||||||
| Finders' Fees: |
Adrian Morger receives $15,399 Fincom Investment Partners (Frederick Lacy) receives $69,985 M Partners Inc. receives $50,400 Sprott Global Resource Investments, Ltd. receives $84,522 Rescom Consultants Ltd. (Robert Swenarchuk) receives $3,500 |
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.]
________________________________________
SANDSTORM GOLD LTD. ("SSL") ("SSL.WT") ("SSL.WT.A") ("SSL.WT.B")
BULLETIN TYPE: Prospectus-Unit Offering, New Listing-Warrants
BULLETIN DATE: September 7, 2012
TSX Venture Tier 1 Company
Prospectus-Unit Offering:
Effective August 30, 2012, the Company's Short Form Prospectus dated August 30, 2012 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the B.C. and Ontario Securities Commissions, pursuant to the provisions of the B.C and Ontario Securities Acts.
The prospectus has also been 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 September 7, 2012, for gross proceeds of $150,075,000 (including the full exercise of the Overallotment Option).
| Underwriters: | Cormark Securities Inc., National Bank Financial Inc., Paradigm Capital Inc., BMO Nesbitt Burns Inc., Casimir Capital Ltd., Canaccord Genuity Corp. and TD Securities Inc. | |||||
| Offering: | 15,007,500 units (including the full exercise of the Overallotment Option). Each unit consisting of one share and one-third of one warrant. Each whole warrant to purchase one share. | |||||
| Unit Price: | $10.00 per unit | |||||
| Warrant Exercise Price/Term: | US$14.00 per share to September 7, 2017. |
New Listing-Warrants:
Effective at the opening, Monday, September 10, 2012, the warrants of the Company will commence trading on TSX Venture Exchange. The Company is classified as a 'Junior Natural Resource Mining' company.
| Corporate Jurisdiction: | British Columbia | |||||||||
| Capitalization: | |
5,002,500 5,002,500 |
warrants with no par value of which warrants are issued and outstanding |
|||||||
| Transfer Agent: Trading Symbol: CUSIP Number: |
Computershare Trust Company of Canada SSL.WT.B 80013R 13 1 |
|||||||||
The warrants were issued pursuant to the Company's Short Form Prospectus dated August 30, 2012. Each warrant entitles the holder to purchase one common share of the Company at a price of US$14.00 and will expire on Thursday, September 7, 2017.
________________________________________
STANS ENERGY CORP. ("HRE")
BULLETIN TYPE: Halt
BULLETIN DATE: September 7, 2012
TSX Venture Tier 2 Company
Effective at 7:33 a.m. PST, September 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.
________________________________________
STRIKE MINERALS INC. ("STK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 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 13, 2012:
| Number of Shares: |
3,470,000 flow-through shares 1,600,000 non flow-through shares |
|
||||||||
| Purchase Price: |
$0.10 per flow through share $0.085 per non flow through share |
|
||||||||
| Warrants: | 3,335,000 share purchase warrants to purchase 3,335,000 shares | |||||||||
| Warrant Exercise Price: | $0.12 for a one year period | |||||||||
| Number of Placees: | 14 placees | |||||||||
| Insider / Pro Group Participation: | ||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||
| Dennis Crane | Y | 1,200,000 | ||||||||
| Finder's Fee: | An aggregate cash commission of $30,480 and 309,600 finders' warrants payable to Foundation Markets, Accilent Capital Management Inc., Fidelity Clearing Canada, Jennings Capital Inc. and Canaccord Genuity Corp. Each finder's warrant entitles the holder to acquire one unit at $0.085 for an eighteen (18) month period. |
Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
For further details, please refer to the Company's news release dated September 4, 2012.
________________________________________
TYHEE GOLD CORP. ("TDC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 7, 2012
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced August 31, 2012 and September 4, 2012:
| Number of Shares: | 2,500,000 shares | |||||||
| Purchase Price: | $0.09 per share | |||||||
| Warrants: | 2,500,000 share purchase warrants to purchase 2,500,000 shares | |||||||
| Warrant Exercise Price: | $0.125 for a two year period | |||||||
| Number of Placees: | 2 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.
________________________________________
WEST AFRICAN IRON ORE CORP. ("WAI")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: September 7, 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 September 4, 2012:
| Convertible Debenture: | $2,000,000 | |||||
| Conversion Price: |
Convertible into common shares at $0.10 of principal outstanding. The placee's beneficial ownership of common shares of the Company will not exceed 19.9% of the issued and outstanding common shares of the Company at the time of exercise. |
|||||
| Maturity date: | Five years from the date of issuance | |||||
| Interest rate: | 8% | |||||
| Number of Placees: | 1 placee | |||||
| Insider / Pro Group Participation: | ||||||
| Insider China International Fund Pte. 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.
________________________________________
WOULFE MINING CORP. ("WOF")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: September 7, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced August 14, 2012:
| Number of Shares: | 26,150,000 shares (of which 5,000,000 are non-brokered) | |||||||||
| Purchase Price: | $0.20 per share | |||||||||
| Warrants: | 13,075,000 share purchase warrants to purchase 13,075,000 shares | |||||||||
| Warrant Exercise Price: | $0.30 for a two year period | |||||||||
| Number of Placees: | 11 placees | |||||||||
| Insider / Pro Group Participation: | ||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||
| First State Investments UK - FSGR Fund First State Investments UK - GLRS Fund Colonial First State Asset Management (Australia) Ltd. (Portfolio managed) Dundee Corporation Jaguar Financial Corp. Bryan Paul Desjardin Securities Inc. Normand Ouellette |
Y Y Y P P P P P |
330,190 1,718,004 2,951,806 20,000,000 175,000 35,000 250,000 125,000 |
||||||||
| Agent's Fee: | Dundee Securities Ltd. will receive an Agent's fee of $211,500 and Agent's warrants to acquire 1,057,000 units at $0.20 per unit for a period of two years. |
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.
________________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
Share this article