VANCOUVER, March 1, 2013 /CNW/ -
TSX VENTURE COMPANIES:
ABBASTAR RESOURCES CORP. ("ABA")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
Effective at the Open, March 1, 2013, shares of the Company resumed trading, an announcement having been made.
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ARIAN SILVER CORPORATION ("AGQ")
BULLETIN TYPE: Private Placement- Non-Brokered
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 28, 2013:
| Number of Shares: | 2,198,279 common shares | |||
| Purchase Price: | £0.13647 per share | |||
| Number of Placees: | 1 placee | |||
| Finder's Fee: | an aggregate of £7,500 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).
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CASTLE RESOURCES INC. ("CRI")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
Effective at the Open, March 1, 2013, shares of the Company resumed trading, an announcement having been made.
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CLEARFORD INDUSTRIES INC. ("CLI")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
Further to TSX Venture Exchange (the "Exchange") bulletins dated March 16, 2012 and November 9, 2012, and a bulletin dated January 8, 2013, the Exchange has accepted for filing the Company's proposed documentation pertaining to an increase in the revolving credit facility (the "Loan") between Clearford Industries Inc. (the "Company") and Mundaun Financial Design AG (the "Lender"). The Lender will provide an increase in the principle of the Loan of up to $300,000 from $6,597,460 to $6,897,460. The Loan bears interest at a rate of 11% per annum and has a term of twenty years.
Additionally, the Exchange has accepted for filing a bonus of 681,818 warrants to be issued to the Lender in connection with the increase in the Loan. Each warrant is exercisable into one common share at $0.20 per share for a three year period. The Company will also pay a finder's fee of 10% for the amounts of the loan advanced to Canadian Water Projects Inc.
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COMWEST ENTERPRISE CORP. ("CWP") ("CWP.A")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
The Issuer has declared the following dividend(s):
| Dividend per Share: | $0.05 | |||
| Payable Date: | March 14, 2013 | |||
| Record Date: | March 7, 2013 | |||
| Ex-Dividend Date: | March 5, 2013 | |||
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COPPER CREEK GOLD CORP. ("CPV")
BULLETIN TYPE: Consolidation
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders on February 8, 2013, the Company has consolidated its capital on a 10 (ten) old for 1 (one) new basis. The name of the Company has not been changed.
Effective at the opening on Monday, March 4, 2013, the common shares of Copper Creek Gold Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration/Development' company.
| Post - Consolidation | |||||
| Capitalization: | Unlimited | shares with no par value of which | |||
| 11,320,673 | shares are issued and outstanding | ||||
| Escrow | Nil | shares | |||
| Transfer Agent: | Computershare Investor Services Inc. | ||||
| Trading Symbol: | CPV | (UNCHANGED) | |||
| CUSIP Number: | 21665V202 | (new) | |||
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CYNAPSUS THERAPEUTICS INC. ("CTH")
BULLETIN TYPE: Halt
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
Effective at 6:14 a.m. PST, March 1, 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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DEREK OIL & GAS CORPORATION ("DRK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 1, 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 24, 2013. This private placement utilizes the Exchange's Temporary Relief Measures announced August 17, 2012 and December 12, 2012:
| Number of Shares: | 19,099,998 shares | |||
| Purchase Price: | $0.015 per share | |||
| Warrants: | 19,099,998 share purchase warrants to purchase 19,099,998 shares | |||
| Warrant Exercise Price: | $0.05 for a one year period | |||
| $0.10 in the second, third, fourth and fifth years | ||||
| Number of Placees: | 13 placees | |||
| Insider / Pro Group Participation: | ||||||||
| Insider=Y / | ||||||||
| Name | ProGroup=P / | # of Shares | ||||||
| Greg Amor | Y | 1,666,666 | ||||||
| Charles A. Haegelin | Y | 2,000,000 | ||||||
| Aggregate Pro Group Involvement | P | 1,666,667 | ||||||
| (1 placee) | ||||||||
| Finder's Fee: | Christopher Marti receives 416,667 units with the same terms as the above private placement. |
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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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ENTOURAGE METALS LTD. ("EMT")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
Further to the bulletin dated May 6, 2011, TSX Venture Exchange has accepted for expedited filing documentation pertaining to an amending agreement dated February 16, 2013 between Entourage Metals Ltd. (the 'Company') and the optionors, Brian Fowler, Harold Griggs, and Patrick Dick, which amends the terms of an Option Agreement dated March 9, 2011 pursuant to which the Company has the option to acquire a 100% interest in Valley Lake/Spruce Bay Property located in Northern Ontario. Under the amended terms, the cash option payment due on February 28, 2013 has been reduced and an additional 50,000 shares (total 100,000 shares) will be issued.
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ENTOURAGE METALS LTD. ("EMT")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
Further to the bulletin dated May 2, 2011, TSX Venture Exchange has accepted for expedited filing documentation pertaining to an amending agreement dated February 26, 2013 between Entourage Metals Ltd. (the 'Company') and the optionors, James Bond, Russell Renner, Duncan Michano, Jamie Moses, Brian Gionet, Mike Dorval, and Ken Fenwick, which amends the terms of an Option Agreement dated February 28, 2011 pursuant to which the Company has the option to acquire a 100% interest in Smoke Lake Property located in North-western Ontario. Under the amended terms, the cash option payment due on February 28, 2013 has been reduced and an additional 125,000 shares (total 275,000 shares) will be issued.
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EQUITORIAL CAPITAL CORP. ("EXX.P")
BULLETIN TYPE: Halt
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
Effective at 6:08 a.m. PST, March 1, 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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FIRST MOUNTAIN EXPLORATION LTD. ("FMX")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to the Asset Purchase and Sale Agreement (the "Agreement") dated October 19, 2012 between the Company and CaiTerra International Energy Corporation (the "Purchaser"), an arms length company, whereby the Company is selling all of its right, title, estate and interest in and to any petroleum and natural gas rights, the tangibles and miscellaneous interests related to the Faust area of Alberta (the "Disposition"). The Exchange understands that this Disposition represents all or substantially of the assets of the Company. In consideration, the Purchaser paid an aggregate of $2,500,000 payable in cash.
| No Insider / Pro Group Participation |
The Company will continue to review and consider business opportunities in the energy sector to satisfy the listing criteria of a Tier 2 issuer on the Exchange.
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FOUNDATION RESOURCES INC. ("FDN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 17, 2012:
| Number of Shares: | 6,416,500 shares | |||||
| Purchase Price: | $0.06 per share | |||||
| Warrants: | 6,416,500 share purchase warrants to purchase 6,416,500 shares | |||||
| Warrant Exercise Price: | $0.10 for a one year period | |||||
| Number of Placees: | 15 placees | |||||
| Insider / Pro Group Participation: | ||||||||
| Insider=Y / | ||||||||
| Name | ProGroup=P / | # of Shares | ||||||
| Aggregate Pro Group Involvement | P | 200,000 | ||||||
| [1 Placee] | ||||||||
| 416006 B.C. Ltd. (Jerry Bella) | Y | 265,000 | ||||||
| RJG Capital Corporation (Barry Girling) | Y | 410,000 | ||||||
| Paul Chung | Y | 122,500 | ||||||
| Ike A. Osmani | Y | 650,000 | ||||||
| Finder's Fee: | $23,851.20 payable to MGI Securities Inc., with 397,520 warrants exercisable at $0.10 for one year |
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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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INTERTAINMENT MEDIA INC. ("INT")
BULLETIN TYPE: Warrant Price Amendment
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the reduction in the exercise price of the following warrants:
| Special Warrants: | ||||
| # of Warrants: | 9,880,136 | |||
| Expiry Date of Warrants: | May 13, 2013 | |||
| Forced Exercise Provision: | If the closing price for the Company's shares is $0.16 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. |
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| Original Exercise Price of Warrants: | $2.00 | |||
| New Exercise Price of Warrants: | $0.13 | |||
These warrants were issued pursuant to a private placement of 19,760,271 special warrants at $1.20 per special warrant, which was accepted for filing by the Exchange effective June 14, 2011.
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KR INVESTMENT LTD. ("KR.P")
BULLETIN TYPE: Notice - QT Not Completed - Approaching 24 Months of Listing
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
The shares of the Company were listed on TSX Venture Exchange on March 29, 2011. 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 March 29, 2013, 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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LARA EXPLORATION LTD. ("LRA")
BULLETIN TYPE: Halt
BULLETIN DATE: March 1, 2013
TSX Venture Tier 1 Company
Effective at 5:47 a.m. PST, March 1, 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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LARA EXPLORATIONS LTD. ("LRA")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 1, 2013
TSX Venture Tier 1 Company
Effective at 10:00 a.m., PST, March 1, 2013, shares of the Company resumed trading, an announcement having been made.
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LEONOVUS INC. ("LTV")
BULLETIN TYPE: Private Placement- Non-Brokered
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 28, 2013:
| Number of Shares: | 12,735,666 common shares |
| Purchase Price: | $0.15 per share |
| Warrants: | 12,735,666 share purchase warrants to purchase 12,735,666 shares |
| Warrant Exercise Price: | $0.24 for a two year period |
| Number of Placees: | 48 placees |
| Finder's Fee: | an aggregate of $78,420 plus 522,800 finder's warrants (each exercisable into one common share at a price of $0.15 for a two year period) is payable to Fin-XO Securities Inc. and CIBC World Markets Wood Gundy BRA |
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.
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MCW ENERGY GROUP LIMITED ("MCW")
BULLETIN TYPE: Halt
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
Effective at 7:17 a.m. PST, March 1, 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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MCW ENERGY GROUP LIMITED ("MCW")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
Effective at 8:45 a.m., PST, March 1, 2013, shares of the Company resumed trading, an announcement having been made.
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MEDIFOCUS INC. ("MFS")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,090,000 common shares at a deemed value of $0.25 per share to settle outstanding debt for $272,500.
| Number of Creditors: | 22 Creditors | |||
The Company shall issue a news release when the shares are issued and the debt extinguished.
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NIOCORP DEVELOPMENTS LTD. ("NB")
[formerly Quantum Rare Earth Developments Corp. ("QRE")]
BULLETIN TYPE: Name Change
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
Pursuant to a directors' resolution passed February 20, 2013, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening on Monday, March 4, 2013, the common shares of Niocorp Developments Ltd. will commence trading on TSX Venture Exchange, and the common shares of Quantum Rare Earth Developments Corp. will be delisted. The Company is classified as a "Resource" company.
| Capitalization: | Unlimited | shares with no par value of which | |||
| 89,339,616 | shares are issued and outstanding | ||||
| Escrow: | nil | ||||
| Transfer Agent: | Computershare Investor Services Inc. | ||||
| Trading Symbol: | NB | (new) | |||
| CUSIP Number: | 654484104 | (new) | |||
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OFFSETTERS CLIMATE SOLUTIONS INC. ("COO")
[formerly ERA Carbon Offsets Ltd. ("ESR")]
BULLETIN TYPE: Name Change
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
Pursuant to a resolution passed by the directors on October 25, 2012, the Company has changed its name as detailed below. There is no consolidation of capital.
Effective at the opening on Monday, March 4, 2013, the common shares of Offsetters Climate Solutions Inc. will commence trading on TSX Venture Exchange, and the common shares of ERA Carbon Offsets Ltd. will be delisted. The Company is classified as an 'Other Support Services' company.
| Capitalization: | Unlimited | shares with no par value of which | |||
| 30,691,552 | shares are issued and outstanding | ||||
| Escrow: | nil | ||||
| Transfer Agent: | Computershare Trust Company of Canada | ||||
| Trading Symbol: | COO | (new) | |||
| CUSIP Number: | 676243108 | (new) | |||
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QUINTO REAL CAPITAL CORPRORATION ("QIT")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement by way of a Convertible Debenture announced on February 26, 2013.
| Convertible Debenture: | $500,000 | |||
| Conversion Price: | Convertible into common shares at $0.40 per share | |||
| Maturity date: | 24 months from the issuance of the convertible debenture | |||
| Interest Rate: | 9.75% | |||
| Number of Placees: | 3 placees | |||
The Company has announced the closing of the Private Placement via a press release dated March 1, 2013.
CORPORATION CAPITAL QUINTO REAL (« QIT »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier, Débenture convertible
DATE DU BULLETIN : Le 1 mars 2013
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 par voie de débenture convertible, tel qu'annoncé le 26 février 2013.
| Débenture convertible : | 500 000 $ | |||
| Prix de conversion : | Convertible en actions ordinaires au prix de 0,40 $ l'action | |||
| Date d'échéance : | 24 mois suivant l'émission de la débenture convertible | |||
| Taux d'intérêt : | 9,75 % | |||
| Nombre de souscripteurs : | 3 souscripteurs | |||
La société a annoncé la clôture du placement privé par voie d'un communiqué de presse daté du 1er mars 2013.
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SANGOMA TECHNOLOGIES CORPORATION ("STC")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: March 1, 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 25, 2013, it may repurchase for cancellation up to 1,476,940 common shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange during the period March 5, 2013 to March 4, 2014. Purchases pursuant to the bid will be made by PI Financial Corp. on behalf of the Company.
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SECTION ROUGE MEDIA INC. ("SRO")
BULLETIN TYPE: Halt
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
Effective at 10:14 a.m. PST, March 1, 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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SECTION ROUGE MEDIA INC. ("SRO")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated March 1, 2013, effective at 11:51 a.m., March 1, 2013, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Change of Business and/or Reverse Takeover pursuant to TSXV Listings Policy 5.2. 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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SMART EMPLOYEE BENEFITS INC. ("SEB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 23, 2013:
| Number of Shares: | 3,160,000 shares | |||
| Purchase Price: | $0.35 per share | |||
| Warrants: | 3,160,000 share purchase warrants to purchase 3,160,000 shares | |||
| Warrant Exercise Price: | $0.50 for a four year period | |||
| Number of Placees: | 12 placees |
| Insider / Pro Group Participation: | ||||||||
| Insider=Y / | ||||||||
| Name | ProGroup=P | # of Shares | ||||||
| Aggregate Pro Group Involvement | 2,101,500 | |||||||
| [4 placees] | ||||||||
| Finder's Fee: | $50,050, plus 286,000 finder warrants, each exercisable into one common share at a price of $0.35 for a two year period, payable to BBS Securities Inc. |
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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). 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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SOUTHERN SILVER EXPLORATION CORP. ("SSV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the second tranche of a Non-Brokered Private Placement announced January 16, 2013:
| Number of Shares: | 7,660,000 shares | |||
| Purchase Price: | $0.05 per share | |||
| Warrants: | 7,660,000 share purchase warrants to purchase 7,660,000 shares | |||
| Warrant Exercise Price: | $0.10 for a three year period | |||
| Number of Placees: | 11 placees |
| Insider / Pro Group Participation: | ||||||||
| Insider=Y / | ||||||||
| Name | ProGroup=P / | # of Shares | ||||||
| David Roger Scammell | Y | 480,000 | ||||||
| Finders' Fees: | Old Park Lane Capital PLC receives $6,390 and 213,000 non-transferable warrants, each exercisable for one share at a price of $0.10 for a 3 year period. |
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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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THOR EXPLORATIONS LTD. ("THX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 28, 2013:
| Number of Shares: | 1,837,384 shares | |||
| Purchase Price: | $0.16 per share | |||
| Number of Placees: | 4 placees | |||
| Insider / Pro Group Participation: | |||||
| Insider=Y / | |||||
| Name | ProGroup=P | # of Shares | |||
| Olusegun Lawson | Y | 449,942 | |||
| Finder's Fee: | $8,250 payable to Kinda Associates 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.
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TRANZEO WIRELESS TECHNOLOGIES INC. ("TZT")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced January 25, 2013:
| Number of Shares: | 8,300,000 shares | |||
| Purchase Price: | $0.03 per share | |||
| Warrants: | 8,300,000 share purchase warrants to purchase 8,300,000 shares | |||
| Warrant Exercise Price: | $0.05 for a one year period | |||
| $0.10 in the second to fifth years | ||||
| Number of Placees: | 9 placees | |||
| Agents' Fees: | $19,920 cash and 710,000 agent's warrants payable to Canaccord Genuity Corp. In addition, the Agent will receive a corporate finance fee of 1,500,000 units. |
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| 60,000 agent's warrants payable to Haywood Securities Inc. | ||||
| 60,000 agent's warrants payable to Fidelity Clearing Canada ULC | ||||
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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VALTERRA RESOURCE CORPORATION ("VQA")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of an Amending Agreement dated February 19, 2013 (having effect as of December 31, 2012) between Valterra Resource Corporation (the 'Issuer') and John Chapman, KGE Management Ltd. Selkirk Metals Corp. and Kenneth Murray (collectively, the 'Optionor') with respect to the Company's option to acquire a 100% interest in the Swift Katie mineral claims located in the Nelson Mining Division in south-eastern British Columbia. The Issuer and the Optionor have agreed to defer a portion of the 2012 annual advance minimum royalty ("AAMR") payment ($40,490) due to the Optionor from the Issuer, in consideration for the Issuer paying the balance of the 2012 AAMR payment ($15,000) and issuing an additional 100,000 common shares to the Optionor.
For further information please refer to the Company's news release dated February 27, 2013.
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WEALTH MINERALS LTD. ("WML")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 1, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 21, 2013 and March 1, 2013:
| Number of Shares: | 3,345,500 shares | |||
| Purchase Price: | $0.08 per share | |||
| Warrants: | 3,345,500 share purchase warrants to purchase 3,345,500 shares | |||
| Warrant Exercise Price: | $0.10 for a one year period | |||
The Company has included an acceleration provision whereby if at anytime from 4 months following closing until the expiry of the warrants, the daily volume-weighted average trading price of the shares on the Exchange exceeds $0.50 for at least 10 consecutive trading days, the Company may, within 30 days, give an expiry acceleration notice to the holders of warrants and, if it does so the warrants will, unless exercised, expire on the 30th day after the expiry acceleration notice is given.
| Number of Placees: | 21 placees |
| Insider / Pro Group Participation: | ||||||||
| Insider=Y / | ||||||||
| Name | ProGroup=P | # of Shares | ||||||
| Hendrik van Alphen | Y | 805,500 | ||||||
| David Cross | Y | 100,000 | ||||||
| James Dawson | Y | 300,000 | ||||||
| Paul Matysek | Y | 200,000 | ||||||
| Marla Ritchie | Y | 50,000 | ||||||
| Aggregate Pro Group Involvement | P | 800,000 | ||||||
| [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.
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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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