VANCOUVER, Feb. 6, 2013 /CNW/ -
TSX VENTURE COMPANIES:
ALBERTA OILSANDS INC. ("AOS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 6, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a Share Purchase Agreement dated December 18, 2012 (the "Agreement") between the Company and Sino Investment Management Services Limited and three arm's length parties (collectively, the "Vendors"). As per the terms of the Agreement, the Company has agreed to acquire from the Vendors all of the issued and outstanding shares of Maroon Hill International Limited, a company incorporated under the laws of the British Virgin Islands which holds 85% of the issued and outstanding share of Leopard Investments Ten (Pty) Ltd. ("Leopard"), a company registered in accordance with the law of Namibia that directly holds a 100% interest in petroleum exploration licenses (the "Licenses") applying to blocks 2712A and 2812A (the "Blocks"), located in the Orange Basin, offshore Namibia. In consideration, the Company has agreed to pay to the Vendors an initial payment USD$1,500,000 in cash and 20,000,000 common shares ("Shares") of the Company at deemed price of $0.10 per Share. An additional payment of USD$1,000,000 is due on the first anniversary of the closing date subject to the Vendors satisfying conditions as outlined in the Agreement.
In connection with the issuance of the Licenses, Leopard and the Government of the Republic of Namibia entered into a Petroleum Agreement ("Petroleum Agreement") dated December 4, 2012 for operation of the Blocks which provides that the National Petroleum Corporation of Namibia will be assigned a 10% carried interest in the Blocks up to the production stage. Pursuant to the Petroleum Agreement, the Company is obligated over a four year period ("Initial Exploration Period") to pay an annual rental payment for the Licenses of NAD$655,200 and an aggregate of USD$55,000 to be expended annually for training and educating Namibians. During the Initial Exploration Period, the Company shall spend not less than USD$ 6,000,000 to carry out the specified work program ("Minimum Exploration Expenditure"); however, the maximum liability of the Company pursuant to the Petroleum Agreement is USD$ 600,000, being 10% of the Minimum Exploration Expenditure. Following the Initial Exploration Period, the Company may elect at its discretion to enter into the First Renewal Exploration Period.
The Exchange further accepts a finder's fee of 2,250,000 Shares at a deemed price of $0.10 per Share to an arm's length party.
No Insider / Pro Group Participation
________________________________________
ALIX RESOURCES CORP. ("AIX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 6, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the final tranche of a Non-Brokered Private Placement announced January 9, 2013:
| Number of Shares: | 500,000 shares | ||||||
| Purchase Price: | $0.05 per share | ||||||
| Warrants: | 500,000 share purchase warrants to purchase 500,000 shares | ||||||
| Warrant Exercise Price: |
$0.08 for a one year period $0.10 in the second year |
||||||
| Number of Placees: | 1 placee | ||||||
| Finder's Fee: | Global Securities Corporation will receive a 10% cash fee in the amount of $2,500.00. | ||||||
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.
________________________________________
AMAYA GAMING GROUP INC. ("AYA.DB")
BULLETIN TYPE: Halt
BULLETIN DATE: February 6, 2013
TSX Venture Tier 1 Company
Effective at 5:00 a.m. PST, February 6, 2013, trading in the shares of the Company was halted pending redemption. 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.
________________________________________
ARIAN SILVER CORPORATION ("AGQ")
BULLETIN TYPE: Private Placement- Non-Brokered
BULLETIN DATE: February 6, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 31, 2013:
| Number of Shares: | 1,657,795 common shares | ||||||
| Purchase Price: | £0.136326 per share | ||||||
| Number of Placees: | 1 placee | ||||||
| Finder's Fee: | an aggregate of £5,650 is payable to YA Global Master SPV. | ||||||
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).
________________________________________
ASTRAL MINING CORPORATION ("AA")("AA.WT")
BULLETIN TYPE: Plan of Arrangement, Delist
BULLETIN DATE: February 6, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange Inc has approved accepted for filing documentation in connection with an Amended and Restated Arrangement Agreement dated December 6, 2012 (the "Agreement") between Astral Mining Corporation ("Astral") and Orex Minerals Inc. ("Orex"). Pursuant to the Agreement, Astral will be acquired by Orex and will, as a result, become a wholly-owned subsidiary of Orex. Upon completion of the plan of arrangement (the "Arrangement"), Orex will advance exploration and development of the Barsele Gold Project and Astral's mineral exploration projects. Pursuant to the Arrangement, each Astral shareholder of record will receive for 0.0834 of an Orex common share for each Astral common share held (the "Share Exchange Ratio"). The holders of outstanding Astral stock options will be entitled, upon exercise of the options, to receive Orex common shares in lieu of Astral common shares, except that the exercise price and number of shares that may be purchased pursuant to the stock options of Astral will be adjusted in accordance with the terms of the Astral's stock option plan to reflect the Exchange Ratio, and the Astral stock options will continue to be governed by the Astral Plan. The holders of outstanding Astral share purchase warrants will be entitled, upon exercise of an Astral warrant, to receive Orex common shares, except that the exercise price and number of shares that may be purchased pursuant to the Astral warrant, be adjusted in accordance with the terms of the Astral warrants to reflect the Exchange Ratio.
The Exchange has been advised that approval of the Arrangement by shareholders of Astral was received at a meeting of the shareholders held on January 31, 2013 and that approval of the Arrangement was received from the Supreme Court of British Columbia on February 5, 2013. The full particulars of the Arrangement are set forth in Astral's Information Circular dated December 13, 2012 which is available under Astral's profile on SEDAR.
Astral and Orex anticipate closing the Arrangement on February 12, 2013.
| Record Date: | February 12, 2013 | |||||
| Ex-Date: | February 8, 2013 | |||||
Delisting:
In conjunction with the closing of the Arrangement, Astral has requested that its common shares and listed warrants be delisted. Accordingly, effective at the close of business on Tuesday, February 12, 2013, the common shares and listed warrants of Astral will be delisted from the Exchange.
Insider / Pro Group Participation: None.
________________________________________
BCGOLD CORP. ("BCG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 6, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the third and final tranche of a Non-Brokered Private Placement announced December 5, 2012:
| Number of Shares: | 1,300,000 shares | |||||||||
| Purchase Price: | $0.075 per share | |||||||||
| Warrants: | 1,300,000 share purchase warrants to purchase 1,300,000 shares | |||||||||
| Warrant Exercise Price: | $0.10 for a two year period | |||||||||
| Number of Placees: | 1 placee | |||||||||
| Insider / Pro Group Participation: | ||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||
| David Elliott | P | 1,300,000 | ||||||||
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.
________________________________________
BUCCANEER GOLD CORP. ("BGG")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: February 6, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has been advised by the Company that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated February 4, 2013, it may repurchase for cancellation, up to 2,533,316 common shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange during the period February 11, 2013 to February 11, 2014. Purchases pursuant to the bid will be made by Haywood Securities Inc. on behalf of the Company.
________________________________________
COBALT COAL LTD. ("CCF")
BULLETIN TYPE: SHARES FOR BONUS
BULLETIN DATE: FEBRUARY 6, 2013
TSX VENTURE TIER 2 COMPANY
TSX Venture Exchange has accepted for filing the Company's proposal to issue 7,000,000 bonus shares at a deemed price of $0.05 each share in accordance with the terms of a loan facility term sheet pursuant to which a United Kingdom based lender will provide a loan of up to $1.75 million to the Company.
Insider / Pro Group Participation: None
For further information please refer to the Company's press releases dated January 11, 2013 and January 31, 2013.
________________________________________
EAGLE STAR MINERALS CORP. ("EGE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 6, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 17, 2013, as amended February 4, 2013:
| Number of Shares: | 8,750,000 shares | |||||||||
| Purchase Price: | $0.20 per share | |||||||||
| Warrants: | 4,375,000 share purchase warrants to purchase 4,375,000 shares | |||||||||
| Warrant Exercise Price: | $0.30 until August 4, 2014 | |||||||||
| Number of Placees: | 15 placees | |||||||||
| Insider / Pro Group Participation: | ||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||
| Hannah Elle Capital Limited (Eran Friedlander) |
Y |
54,570 |
||||||||
| Finder's Fee: | $112,000 payable to Haywood Securities Inc., with 560,000 warrants exercisable at $0.30 until August 4, 2014 |
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| $9,600 payable to Canaccord Genuity Corp., with 48,000 warrants exercisable at $0.30 until August 4, 2014 |
||||||||||
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.
________________________________________
FORENT ENERGY LTD. ("FEN")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: February 6, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pursuant to an Agreement of Purchase and Sale dated January 25, 2013 (the "Agreement") between the Company and an arm's length company (the "Purchaser"), whereby the Company is disposing of its Mervin heavy oil property, which represents substantially all of the Company's producing crude oil reserves. In consideration, the Purchaser will pay $5,500,000 in cash.
No Insider / Pro Group Participation
________________________________________
GRAND POWER LOGISTICS GROUP INC. ("GPW")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 6, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pursuant to an Agreement for Sale and Purchase (the "Agreement") dated January 4, 2010 between the Company and Castle Island Limited, a Non-Arm's Length Party (the "Vendor"), whereby the Company acquired 89 equal undivided 13,205 parts or shares of Section F of Kowloon Marine Lot No. 113 and Section H of Kowloon Marine Lot No.113, including the building know as Harbour Centre Tower, with the sole and exclusive rights and privileges to occupy Workshop Unit No. 11 on the Sixth Floor of Harbour Centre Tower, all as located at No. 1 Hok Cheung Street, Kowloon. In consideration, the Company will pay HK$15,500,000 in cash to the Vendor.
________________________________________
HIGHBANK RESOURCES LTD. ("HBK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 6, 2013
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 January 28, 2013:
| Number of Shares: | 4,737,500 shares | |||||||
| Purchase Price: | $0.08 per share | |||||||
| Warrants: | 4,737,500 share purchase warrants to purchase 4,737,500 shares | |||||||
| Warrant Exercise Price: | $0.15 for a two year period | |||||||
| Number of Placees: | 34 placees | |||||||
| Insider / Pro Group Participation: | ||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||
| Gary Musil Victor N. Bryant Robert Timmings David Hamilton-Smith |
Y Y P P |
100,000 100,000 200,000 150,000 |
||||||
| Finder's Fee: | $5,600 payable to Canaccord Genuity Corp., with 70,000 warrants exercisable at $0.15 for two years | |||||||
| $7,760 payable to 360 Aviation Services Inc. (Pamela Smith-Gander) | ||||||||
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.]
________________________________________
IBERIAN MINERALS CORP. ("IZN")
BULLETIN TYPE: Delist
BULLETIN DATE: February 6, 2013
TSX Venture Tier 1 Company
Effective at the close of business on Wednesday, February 6, 2013, the common shares will be delisted from TSX Venture Exchange at the request of the Company, and as a result of a compulsory acquisition completed by the Company.
For more information, refer to the Company's news release dated January 31, 2013.
________________________________________
IMMUNOVACCINE INC. ("IMV")
BULLETIN TYPE: Halt
BULLETIN DATE: February 6, 2013
TSX Venture Tier 1 Company
Effective at 5:09 a.m. PST, February 6, 2013, 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.
________________________________________
IMMUNOVACCINE INC. ("IMV")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 6, 2013
TSX Venture Tier 1 Company
Effective at 12:15 p.m., PST, February 6, 2013, shares of the Company resumed trading, an announcement having been made.
________________________________________
LATIN AMERICAN MINERALS INC. ("LAT")
BULLETIN TYPE: Private Placement- Non-Brokered
BULLETIN DATE: February 6, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 6, 2013:
| Number of Shares: | 5,000,000 common shares | |||||||||||
| Purchase Price: | $0.10 per share | |||||||||||
| Warrants: | 5,000,000 share purchase warrants to purchase 5,000,000 shares | |||||||||||
| Warrant Exercise Price: | $0.20 for a two year period | |||||||||||
| Number of Placees: | 20 placees | |||||||||||
| Insider / Pro Group Participation: | ||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
||||||||||
| Richard Boulay | Y | 1,320,000 | ||||||||||
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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.
________________________________________
LEO ACQUISITIONS CORP. ("LEQ.P")
BULLETIN TYPE: Halt
BULLETIN DATE: February 6, 2013
TSX Venture Tier 2 Company
Effective at 5:35 a.m. PST, February 6, 2013, 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.
________________________________________
MEGA PRECIOUS METALS INC. ("MGP")
BULLETIN TYPE: Halt
BULLETIN DATE: February 6, 2013
TSX Venture Tier 1 Company
Effective at 10:56 a.m. PST, February 6, 2013, 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.
________________________________________
MEGA PRECIOUS METALS INC. ("MGP")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 6, 2013
TSX Venture Tier 1 Company
Effective at 12:15 p.m., PST, February 6, 2013, shares of the Company resumed trading, an announcement having been made.
________________________________________
METALEX VENTURES LTD. ("MTX")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: February 6, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposed issuance of 34,091 shares at a deemed price of $0.22 per share, in consideration of certain services provided to the Company for the quarter ending January 31, 2013, pursuant to an Amended Deferred Share Unit Plan for Lorie Waisberg dated February 15, 2005 and effective May 1, 2004.
The Company shall issue a news release when the shares are issued.
________________________________________
METALEX VENTURES LTD. ("MTX")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: February 6, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposed issuance of 34,091 shares at a deemed price of $0.22 per share, in consideration of certain services provided to the Company for the quarter ending January 31, 2013, pursuant to an Amended Deferred Share Unit Plan for Glenn Nolan dated March 13, 2009 and effective November 14, 2008.
The Company shall issue a news release when the shares are issued.
________________________________________
NORTHERN GOLD MINING INC. ("NGM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 6, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Mining Acquisition Agreement (the "Agreement"), dated January 30, 2013, between Northern Gold Mining Inc. (the "Company"), and Plato Gold Corp. (the "Vendor"), whereby the Company can acquire a 80% interest in 11 unpatented mineral claims (the "Property"), located in Harker Township, Larder Lake Mining District, Ontario.
Under the terms of the Agreement, the Company will earn an 80% interest in the Property by making a $200,000 cash payment and issuing 250,000 common shares to the Vendor.
For further details, please refer to the Company's news release dated January 31, 2013.
________________________________________
NQ EXPLORATION INC. ("NQE")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: February 6, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 240,000 common shares at a deemed price of $0.05 per share, in order to settle an outstanding debt of $12,000. These shares are to be issued as payment of accrued interest relating to convertible debentures issued pursuant to a Private Placement.
| Number of Creditors: | 1 creditor | ||||||||
The Company shall issue a press release when the shares are issued and the debt is extinguished.
EXPLORATION NQ INC. (« NQE »)
TYPE DE BULLETIN : Émission d'actions en règlement d'une dette
DATE DU BULLETIN : Le 6 février 2013
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation de la société relativement à l'émission proposée de 240 000 actions ordinaires au prix réputé de 0,05 $ l'action en règlement d'une dette de 12 000 $. Les actions seront émises en paiement d'intérêts courus relativement aux débentures convertibles émises en vertu d'un placement privé.
| Nombre de créanciers : | 1 créancier | ||||||||
La société émettra un communiqué de presse lorsque les actions seront émises et que la dette sera réglée.
_______________________________________
OROCO RESOURCE CORP. ("OCO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 6, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 5, 2013:
| Number of Shares: | 5,000,000 shares | ||||||
| Purchase Price: | $0.20 per share | ||||||
| Warrants: | 5,000,000 share purchase warrants to purchase 5,000,000 shares | ||||||
| Warrant Exercise Price: | $0.25 for a two year period | ||||||
| Number of Placees: | 1 placee | ||||||
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.
________________________________________
SATURN MINEARLS INC. ("SMI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 6, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 1, 2013:
| Number of Shares: | 2,692,308 shares | ||||||
| Purchase Price: | $0.13 per share | ||||||
| Warrants: | 2,692,308 share purchase warrants to purchase 2,692,308 shares | ||||||
| Warrant Exercise Price: | $0.15 for a one year period | ||||||
| Number of Placees: | 1 placee | ||||||
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.]
________________________________________
SOLARVEST BIOENERGY INC. ("SVS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 6, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 4, 2013:
| Number of Shares: | 500,000 shares | ||||||||||||||||||||||||||
| Purchase Price: | $0.20 per share | ||||||||||||||||||||||||||
| Number of Placees: | 1 placee | ||||||||||||||||||||||||||
| Insider / Pro Group Participation: | |||||||||||||||||||||||||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||||||||||||||||||||||||
| Gerri Greenham | Y | 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.
________________________________________
STRATEGIC RESOURCES INC. ("STI")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: February 6, 2013
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: |
6,800,000 February 22, 2013 February 22, 2014 $0.21 per share |
||||||||||
These warrants were issued pursuant to a private placement of 6,800,000 common shares with 6,800,000 common share purchase warrants attached, which was accepted by the Exchange on March 16, 2011.
________________________________________
TAGGART CAPITAL CORP. ("TAG")
[Formerly: Taggart Capital Corp. ("TAG.P")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Private Placement Non- Brokered, Resume Trading
BULLETIN DATE: February 6, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Filing Statement dated January 18, 2013. As a result, at the opening on Thursday, February 7, 2013, the Company will no longer be considered a Capital Pool Company.
The Qualifying Transaction involved three components, as disclosed in the Company's press release dated November 22, 2012 and in its Filing Statement: (i) the purchase of a 10,574 square foot two-storey commercial retail property located at 135 Main Street in Moncton, New Brunswick (the "Acquisition"), (ii) the introduction of a new management team through the resignation of the current directors and officers of the Company and the replacement thereof by a new management team and board (the "Change in Management"), and (iii) the completion of two separate private placements for aggregate gross proceeds of approximately $6,583,000 (the "Private Placements").
The purchase price for the Acquisition was $5,975,000 subject to closing costs and customary adjustments, for the consideration of (i) $3,125,000 in cash, and (ii) assumption of the Existing Mortgage secured by the property of approximately $2,850,000 bearing interest at a rate of 4.13% per annum, with a term expiring in June 2022.
Resume Trading:
Further to TSX Venture Exchange bulletin dated November 20, 2012, trading in the securities of the resulting issuer will resume at the opening on Thursday, February 7, 2013.
Symbol Change:
Effective at the opening, Thursday, February 7, 2013., the trading symbol will change from ('TAG.P') to ('TAG'). There is no change in the company's name, no change in its CUSIP number and no consolidation of capital.
Private Placement Non-Brokered:
TSX Venture Exchange has accepted for filing the documentation with respect to a non-brokered private placement announced concurrently with the Qualifying Transaction:
| Number of Units: | 1,587,302 Shares | ||||||||||||||||||||||||||
| Purchase Price: | $0.1575 per Share | ||||||||||||||||||||||||||
| Number of Placees: | 2 placees | ||||||||||||||||||||||||||
| Insider / Pro Group Participation: | |||||||||||||||||||||||||||
| Name |
Insider=Y / ProGroup=P |
# of Units |
|||||||||||||||||||||||||
| James W. Beckerleg Gordon G. Lawlor |
Y Y |
952,381 634,921 |
|||||||||||||||||||||||||
Private Placement Brokered:
Refer to TSX Venture Exchange bulletin dated January 11, 2013, the Exchange previously accepted a brokered private placement announced concurrently with the Qualifying Transaction.
Effective at the opening, Thursday, February 7, 2013., the shares of the Company will resume trading on TSX Venture Exchange. The Company is classified as a "Real Estate" company.
| Post Consolidation Capitalization: Escrow: |
Unlimited 28,569,368 5,037,302 |
Common Shares with no par value of which Common Shares are issued and outstanding Common Shares |
||||||||
| Transfer Agent: | Equity Financial Trust Company | |||||||||
| Symbol: | TAG | (NEW) | ||||||||
| Company Contact: Company Address: Company Phone Number: Company Email: |
James W. Beckerleg, President and Chief Executive Officer Suite 202, 4211 Yonge Street Toronto, ON M2P 2A9 (514) 933-9552 [email protected] |
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________________________________________
TRANSGAMING INC. ("TNG")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: February 6, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Brokered Private Placement, announced on December 21, 2012:
| Number of Shares: | 2,142,857 common shares | ||||||
| Purchase Price: | $0.07 per common share | ||||||
| Warrants: | 2,142,857 warrants to purchase 2,142,857 common shares | ||||||
| Warrant Exercise Price: | $0.105 per share for a period of 24 months following the closing of the Private Placement | ||||||
| Number of Placees: | 1 Placee | ||||||
| Agents' Fee: | $9,000 in cash and 171,428 brokers' warrants were paid to Northern Securities Inc. Each warrant entitles the Holder to purchase one common share and may be exercised at $0.30 per share for a period of 24 months following the closing of the Private Placement. | ||||||
The Company has announced the closing of the above-mentioned Private Placement by way of a press release.
TRANSGAMING INC. (« TNG »)
TYPE DE BULLETIN : Placement privé par l'entremise d'un courtier
DATE DU BULLETIN : Le 6 février 2013
Société du groupe 2 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 21 décembre 2012 :
| Nombre d'actions : | 2 142 857 actions ordinaires | |||||
| Prix : | 0,07 $ par action ordinaire | |||||
| Bons de souscription : | 2 142 857 bons de souscription permettant de souscrire à 2 142 857 actions ordinaires | |||||
| Prix d'exercice des bons : | 0,105 $ par action pour une période de 24 mois suivant la clôture du placement privé. | |||||
| Nombre de souscripteurs : | 1 souscripteur | |||||
| Commission des agents : | 9 000 $ au comptant et 171 428 bons de souscription ont été payés à Northern Securities Inc. Chaque bon de souscription permet au titulaire de souscrire à une action ordinaire au prix de 0,30 $ l'action pendant une période de 24 mois suivant la clôture du placement privé. | |||||
La société a annoncé la clôture de ce placement privé par voie d'un communiqué de presse.
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ULTRA LITHIUM INC. ("ULI")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: February 6, 2013
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: |
3,750,000 February 17, 2013 February 17, 2016 $0.15 |
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These warrants were issued pursuant to a private placement of 7,500,000 shares with 3,750,000 share purchase warrants attached, which was accepted for filing by the Exchange effective February 17, 2011.
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WESTKAM GOLD CORP. ("WKG")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: February 6, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,592,300 shares to settle outstanding debt for $238,845.
| Number of Creditors: | 7 Creditors | ||||||||||
The Company shall issue a news release when the shares are issued and the debt extinguished.
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NEX COMPANIES:
PARAMAX RESOURCES LTD. ("PXM.H")
BULLETIN TYPE: Halt
BULLETIN DATE: February 6, 2013
NEX Company
Effective at 5:00 a.m. PST, February 6, 2013, 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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VENGA AEROSPACE SYSTEMS INC. ("VAV.H")
BULLETIN TYPE: Halt
BULLETIN DATE: February 5, 2013
NEX Company
Effective at 1:24 p.m. PST, February 5, 2013, trading in the shares of the Company was halted for failure to maintain Exchange Requirements. 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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VENGA AEROSPACE SYSTEMS INC. ("VAV.H")
BULLETIN TYPE: Suspend
BULLETIN DATE: February 6, 2013
NEX Company
Further to the Company's press release dated November 5, 2012, effective at the open on Thursday, February 7, 2013, trading in the shares of the Company will be suspended for failure to maintain Exchange Requirements.
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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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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