VANCOUVER, May 7, 2013 /CNW/ -
TSX VENTURE COMPANIES:
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: May 6, 2013
TSX Venture Company
A Cease Trade Order has been issued by the Alberta Securities Commission on May 6, 2013 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) | ||||||||||||||||||||||||
| VER | 2 | Vecta Energy Corporation | Annual audited financial statements | |||||||||||||||||||||
| annual management's discussion and | ||||||||||||||||||||||||
| analysis, and certification of annual | ||||||||||||||||||||||||
| filings for the year ended | 12/12/31 | |||||||||||||||||||||||
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.
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360 VOX CORPORATION ("VOX")
BULLETIN TYPE: Private Placement-Brokered, Convertible Debenture/s
BULLETIN DATE: May 7, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced March 31, 2013:
| Convertible Debenture | $9,500,000 | |||||
| Conversion Price: | The Debentures are convertible into units of the Company at a price of $1,000 per unit for a period of five years. Each unit comprises of a convertible unsecured debenture (the "Debenture") of the Issuer in the principal amount of $1,000 and 2,380 warrants, with each warrant entitling the holder to purchase a common share of the Company at an exercise price of $0.30 per share for a period of three years from closing. The Debenture is convertible into shares at a conversion rate of $0.21 per share. |
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| In addition, from and after the third anniversary of the date of issuance, the Debentures will be redeemable at the option of the Company, provided that the weighted average closing price of the shares during the 20 consecutive trading days ending five trading days preceding the date on which notice of redemption is given is not less than 130% of the conversion price. |
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| Maturity date: | Five years from the date of issuance | |||||
| Warrants: | Up to 22,610,000 share purchase warrants to purchase up to 22,610,000 shares | |||||
| Warrant Exercise Price: | $0.30 for a three year period | |||||
| Interest rate: | 7.5% | |||||
| Number of Placees: | 2 placees |
| Insider / Pro Group Participation: | ||||||||||||
| Insider=Y / | ||||||||||||
| Name | ProGroup=P | # of Shares | ||||||||||
| Dundee Corporation | Y | $8,800,000 | ||||||||||
| Exploration Capital Partners 2005 LP | Y | $700,000 | ||||||||||
| Agent's Fee: | $475,000 payable to Dundee Securities 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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CGX ENERGY INC. ("OYL")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: May 7, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced March 25, 2013:
| Number of Shares: | 370,089,000 shares | |||||
| Purchase Price: | $0.10 per share | |||||
| Warrants: | 370,089,000 share purchase warrants to purchase 370,089,000 shares | |||||
| Warrant Exercise Price: | $0.17 for a five year period | |||||
| Number of Placees: | 115 placees | |||||
| Insider / Pro Group Participation: | ||||||||||||
| Insider=Y / | ||||||||||||
| Name | ProGroup=P | # of Shares | ||||||||||
| Pacific Rubiales Energy Corp. | Y | 350,000,000 | ||||||||||
| Suresh Narine Y 1,000,000 Marino Ostos | Y | 145,000 | ||||||||||
| John Clarke | Y | 140,000 | ||||||||||
| Carlos Perez Olmedo | Y | 360,000 | ||||||||||
| Luis Pacheco | Y | 215,000 | ||||||||||
| Peter Volk | Y | 58,000 | ||||||||||
| Nelson Lee | Y | 100,000 | ||||||||||
| Augusto Lopez | Y | 1,000,000 | ||||||||||
| Aggregate Pro Group Involvement | P | 805,000 | ||||||||||
| [4 placees] | ||||||||||||
| Agent's Fee: | $1,520,534, payable to GMP Securities L.P. | |||||||||
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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DISCOVERY HARBOUR RESOURCES CORP. ("DHR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 7, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 22, 2013:
| Number of Shares: | 792,000 shares | |||||
| Purchase Price: | $0.30 per share | |||||
| Warrants: | 396,000 share purchase warrants to purchase 396,000 shares | |||||
| Warrant Exercise Price: | $0.45 for a two year period | |||||
| Number of Placees: | 1 placee | |||||
| Insider / Pro Group Participation: | ||||||||||||
| Insider=Y / | ||||||||||||
| Name | ProGroup=P | # of Shares | ||||||||||
| Richard Gilliam | Y | 792,000 | ||||||||||
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.
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EASTCOAL INC. ("ECX")
BULLETIN TYPE: Halt
BULLETIN DATE: May 7, 2013
TSX Venture Tier 2 Company
Effective at 7:51 a.m., PST, May 7, 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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EPICORE BIONETWORKS INC. ("EBN")
BULLETIN TYPE: Company Tier Reclassification
BULLETIN DATE: May 7, 2013
TSX Venture Tier 2 Company
In accordance with Policy 2.5, the Company has maintained the requirements for a Tier 1 company. Therefore, effective at the opening on Wednesday, May 8, 2013, the Company's Tier classification will change from Tier 2 to:
| Classification |
| Tier 1 |
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GEMOSCAN CANADA, INC. ("GES")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: May 7, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue an aggregate of 83,095 common shares in consideration of certain consultancy and advisory services rendered to the Company pursuant to an employment agreement effective December 6, 2012, between the Company and an arm's length party.
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GEMOSCAN CANADA, INC. ("GES")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: May 7, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue an aggregate of 224,150 common shares in consideration of certain consultancy and advisory services rendered to the Company pursuant to an employment agreement effective December 6, 2012, between the Company and an arm's length party.
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GEMOSCAN CANADA, INC. ("GES")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: May 7, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue an aggregate of 208,013 common shares in consideration of certain consultancy and advisory services rendered to the Company pursuant to an employment agreement effective February 1, 2013, between the Company and an arm's length party.
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HIGH NORTH RESOURCES LTD. ("HN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 7, 2013
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, May 7, 2013, shares of the Company resumed trading, an announcement having been made.
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JADELA OIL CORP. ("JOC")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: May 7, 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: | 19,319,930 | |||||
| Expiry Date of Warrants: | May, 2013, June, 2013, July, 2013 and September, 2013 | |||||
| New Expiry Date of Warrants: | September 16, 2013 | |||||
| Exercise Price of Warrants: | $0.30 (UNCHANGED) | |||||
These warrants were issued pursuant to a private placement of 19,319,430 shares with 19,319,430 share purchase warrants attached, which was accepted for filing by the Exchange.
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KOOTENAY SILVER INC. ("KTN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 7, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 23, 2013:
| Number of Shares: | 6,250,000 shares | |||||
| Purchase Price: | $0.76 per share | |||||
| Warrants: | 3,125,000 share purchase warrants to purchase 3,125,000 shares | |||||
| Warrant Exercise Price: | $1.08 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.
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LIONS GATE ENERGY INC. ("LG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 7, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 23, 2012:
| Number of Shares: | 5,220,000 shares | |||||
| Purchase Price: | $0.05 per share | |||||
| Warrants: | 2,610,000 share purchase warrants to purchase 2,610,000 shares | |||||
| Warrant Exercise Price: | $0.10 for a one year period | |||||
| Number of Placees: | 14 placees | |||||
| Insider / Pro Group Participation: | ||||||||||||
| Insider=Y / | ||||||||||||
| Name | ProGroup=P | # of Shares | ||||||||||
| Minaz Dhanani | Y | 100,000 | ||||||||||
| J. Frank Callaghan | Y | 850,000 | ||||||||||
| Finders' Fees: | Canpac Business Group Inc. (Fraser Fleming) - $7,070 cash payable. | |||||
| Sean Callaghan - $700 cash payable. | ||||||
| Andreas Becker - $1,750 cash payable. | ||||||
| Peter Krah - $1,750 cash payable. | ||||||
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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MERITUS MINERALS LTD. ("MER")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: May 7, 2013
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated March 8, 2013, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission on March 8, 2013 has been revoked.
Effective at the opening, Wednesday, May 8, 2013, trading will be reinstated in the securities of the Company (CUSIP 59001L108).
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MINAEAN INTERNATIONAL CORP. ("MIB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 7, 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 December 17, 2012:
| Number of Shares: | 200,000 shares | |||||
| Purchase Price: | $0.075 per share | |||||
| Warrants: | 100,000 share purchase warrants to purchase 100,000 shares | |||||
| Warrant Exercise Price: | $0.10 for an 18 month period | |||||
| Number of Placees: | 1 placee | |||||
| Finder's Fee: | Haneef Esmail - 14,000 common shares payable | |||||
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. [Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.]
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NQ EXPLORATION INC. ("NQE")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 7, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,693,703 common shares at a deemed price of $0.05 per share, in order to settle an outstanding debt of $134,685.15. These shares are to be issued as full payment of $125,000 in capital payable under a convertible debenture that was issued on September 3, 2009, and matured on March 2, 2013, as well as for accrued interest on this same debenture of $9,685.15.
| Number of Creditors: | 1 creditor | ||||||
The Company has issued a news release dated April 26, 2013, in connection with that transaction.
EXPLORATION NQ INC. (« NQE »)
TYPE DE BULLETIN : Émission d'actions en règlement d'une dette
DATE DU BULLETIN : Le 7 mai 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 2 693 703 actions ordinaires au prix réputé de 0,05 $ l'action en règlement d'une dette de 134 685,15 $. Les actions seront émises en remboursement du capital d'une débenture convertible de 125 000 $ qui a été émise le 3 septembre 2009 et qui est venue à échéance le 2 mars 2013. De plus, la société règle un montant représentant les intérêts courus sur cette même débenture de 9 685,15 $.
| Nombre de créanciers : | 1 créancier | ||||||
La société a émis un communiqué de presse daté du 26 avril 2013, relativement à cette transaction.
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RENEGADE PETROLEUM LTD. ("RPL")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: May 7, 2013
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
| Dividend per Share: | $0.019167 | |||||
| Payable Date: | May 15, 2013 | |||||
| Record Date: | April 30, 2013 | |||||
| Ex-Dividend Date: | May 7, 2013 | |||||
RENEGADE PETROLEUM LTD., has advised of a dividend of $0.019167 per common share payable May 15, 2013 to shareholders of record April 30, 2013. The Common shares should have commenced trading on an ex-dividend basis but due to late notification from the Issuer the Shares have been trading on a cum-dividend basis and will commence trading on an ex-dividend basis effective from the opening on TSXV on May 7, 2013. Holders including purchasers of the Common shares on TSXV on or before May 6, 2013 should maintain a record of brokers that sold them the Shares in order to enable such holders to claim the dividend.
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ROXGOLD INC. ("ROG")
BULLETIN TYPE: Halt
BULLETIN DATE: May 7, 2013
TSX Venture Tier 2 Company
Effective at 6:36 a.m. PST, May 7, 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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ROXGOLD INC. ("ROG")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 7, 2013
TSX Venture Tier 2 Company
Effective at 8:15 a.m., PST, May 7, 2013, shares of the Company resumed trading, an announcement having been made.
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STORM RESOURCES LTD. ("SRX")
BULLETIN TYPE: Prospectus- Share Offering
BULLETIN DATE: May 7, 2013
TSX Venture Tier 2 Company
Effective April 23, 2013, the Company's Prospectus dated April 23, 2013 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Alberta and Ontario Securities Commissions on April 23, 2013. The prospectus has been filed under Multilateral Instrument 11-102 Passport System in British Columbia, Saskatchewan, Manitoba, Quebec, 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 May 1, 2013, for gross proceeds of $23,650,400.
| Underwriters: | FirstEnergy Capital Corp. | |||||
| National Bank Financial Inc. | ||||||
| Peters & Co. Limited | ||||||
| Macquarie Capital Markets Canada Ltd. | ||||||
| RBC Dominion Securities Inc. | ||||||
| Offering: | 12,580,000 shares | |||||
| Share Price: | $1.88 per share | |||||
| Underwriters' Commission: | Cash commission equal to 5% of the gross proceeds of the Offering to be paid to the Underwriters. |
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THESCORE, INC. ("SCR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 7, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 23, 2013:
| Number of Shares: | 100,000,000 Class A Subordinate Voting shares | |||||||
| Purchase Price: | $0.16 per share | |||||||
| Number of Placees: | 22 placees | |||||||
| Insider / Pro Group Participation: | ||||||||||||
| Insider=Y / | ||||||||||||
| Name | ProGroup=P | # of Shares | ||||||||||
| Levfam Holdings Ltd. (John Levy) | Y | 11,877,327 | ||||||||||
| Rogers Media Inc. | Y | 11,747,643 | ||||||||||
| Aggregate Pro Group Involvement | P | 937,500 | ||||||||||
| [2 placees] |
For further details, please refer to the Company's news release dated May 6, 2013.
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VANOIL ENERGY LTD. ("VEL")
BULLETIN TYPE: Halt
BULLETIN DATE: May 7, 2013
TSX Venture Tier 2 Company
Effective at 11:01 a.m., PST, May 7, 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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NEX COMPANIES:
ATLANTIC INDUSTRIAL MINERALS INC. ("ANL.H")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 7, 2013
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 333,334 shares at a deemed price of $0.075 to settle outstanding debt for $25,000.00.
| Number of Creditors: | 1 Creditor | |||||||
The Company shall issue a news release when the shares are issued and the debt extinguished.
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PROSPER GOLD CORP. ("PGX.H")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: May 7, 2013
NEX Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated May 6, 2013, 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.
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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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