VANCOUVER, March 20, 2014 /CNW/ -
TSX VENTURE COMPANIES:
ADAMERA MINERALS CORP. ("ADZ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 20, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 14, 2014:
| Number of Shares: | 6,582,142 shares | |
| Purchase Price: | $0.07 per share | |
| Warrants: | 6,582,142 share purchase warrants to purchase 6,582,142 shares | |
| Warrant Exercise Price: | $0.12 for a three year period | |
| Number of Placees: | 11 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.
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ASTRIX NETWORKS INC. ("OEE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 20, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 15, 2014:
| Number of Securities: | 930,000 shares ("Shares") | |||
| 1,224,500 units ("Units") | ||||
| Each Unit consists of one common share and one common share purchase warrant ("Warrant"). | ||||
| Purchase Price: | $0.14 per Share | |||
| $0.14 per Unit | ||||
| Warrants: | 1,224,500 share purchase warrants to purchase 1,224,500 shares | |||
| Warrant Exercise Price: | $0.145 for a period of 24 months from closing. | |||
| Number of Placees: | 11 placees | |||
| Insider / Pro Group Participation: | ||||
| Insider=Y / | ||||
| Name | ProGroup=P | # of Securities | ||
| David Edstrom | Y | 1,114,500 Units | ||
| Finder's Fee: | $6,424 cash and 45,885 non-transferrable options ("Agent's Options") payable to Haywood Securities Inc. | |||
| $1,078 cash and 7,700 Agent's Options payable to All Group financial Services Inc. | ||||
| Each Agent's Options entitles the holder to purchase one common share at a price of $0.14 until expiry on June 30, 2015. | ||||
________________________________________
BIOSIGN TECHNOLOGIES INC. ("BIO")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 20, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Share Purchase Agreement (the "Agreement") dated December 31, 2013, between Biosign Technologies Inc (the "Company") and several arm's-length parties (collectively, the "Vendors"), whereby the Company will acquire all the issued and outstanding shares of IBL-Internet Business Logic Inc. - a private New Brunswick based company that provides health care management software platforms and solutions.
The proposed $1.96 million purchase price will be satisfied through a $75,000 cash payment, the issuance of 36,733,540 common shares at a deemed value of $0.05 per share, and 125,000 common share purchase warrants, exercisable into 125,000 common shares at $0.20 per share.
For further information, please refer to the Company's news release dated December 31, 2013.
________________________________________
COMMERCE RESOURCES CORP. ("CCE")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: March 20, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced March 10, 2014:
| Number of Shares: | 8,425,652 flow-through shares | |||
| 3,012,500 non flow-through shares | ||||
| Purchase Price: | $0.23 per flow-through share | |||
| $0.20 per non flow-through share | ||||
| Warrants: | 5,719,076 share purchase warrants to purchase 5,719,076 shares | |||
| Warrant Exercise Price: | $0.35 for an eighteen-month period | |||
| Number of Placees: | 28 placees | |||
| Insider / Pro Group Participation: | ||||
| Insider=Y / | ||||
| Name | ProGroup=P | # of Shares | ||
| Aggregate Pro Group Involvement | P | 778,750 | ||
| [1 placee] | ||||
| Agent's Fee: | $174,328 cash and 571,908 Agent's Options payable to Secutor Capital Management Corporation. | |||
| Agent's Options are exercisable at $0.35 per share until September 14, 2015. | ||||
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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CORAL GOLD RESOURCES LTD. ("CLH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 20, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 5, 2014:
| Number of Shares: | 4,150,000 shares |
| Purchase Price: | $0.17 per share |
| 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.
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CORONET METALS INC. ("CRF")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 20, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 14, 2014:
| Number of Shares: | 14,947,660 shares | |||
| Purchase Price: | $0.05 per share | |||
| Warrants: | 14,947,660 share purchase warrants to purchase 14,947,660 shares | |||
| Warrant Exercise Price: | $0.15 for a two year period | |||
| Number of Placees: | 23 placees | |||
| Insider / Pro Group Participation: | ||||
| Insider=Y / | ||||
| Name ProGroup=P | # of Shares | |||
| Aggregate Pro Group Involvement | P | 250,000 | ||
| [2 placees] | ||||
| Finder's Fee: $1,800 cash and 36,000 warrants payable to PI Financial Corp. | ||||
| - Finder's fee warrants are exercisable at $0.15 per share until February 5, 2016. | ||||
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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CWC WELL SERVICES CORP. ("CWC")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 20, 2014
TSX Venture Tier 1 Company
Effective at 9:00 a.m., PST, March 20, 2014, shares of the Company resumed trading, an announcement having been made.
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EAGLE HILL EXPLORATION CORPORATION ("EAG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 20, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing a claims purchase agreement (the "Agreement") dated March 12, 2014 between Murgor Resources Inc. and Cliffs Chromite Ontario Inc. (the 'Vendors') and the Company. Pursuant to the Agreement, the Company may purchase a 100% interest in the 184 Murgor/Freewest Windfall Lake Claims, which is comprised of 169 mining claims (the "184 Claims") and a 50% interest in the 29 Murgor/Freewest Option Claims, which is comprised of 24 mining claims (the "29 Claims"), both located on the Windfall Lake property in Quebec. Total consideration consists of $500,000 and the issuance of 19,000,000 of the Company. The 184 Claims property is subject to a 2% NSR in favor of the Vendors which the Company may buyback for $1,000,000 prior to first commercial production. The 29 Claims property is subject to a 1% NSR in favor of the Vendors which the Company may buyback for $1,000,000 prior to first commercial production.
For further details see the Company's news release dated March 13, 2014.
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I-MINERALS INC. ("IMA")
BULLETIN TYPE: Halt
BULLETIN DATE: March 20, 2014
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, March 20, 2014, 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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MARIFIL MINES LIMITED ("MFM")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 20, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 900,000 shares to settle outstanding debt for $45,000.
| Number of Creditors: | 3 Creditors | ||||||
| Insider / Pro Group Participation: | |||||||
| Creditor |
Insider=Y / Progroup=P |
|
Amount Owing |
|
Deemed Price per Share |
|
# of Shares |
| John Hite | Y | $12,500 | $0.05 | 250,000 | |||
| Richard Walters | Y | $10,000 | $0.05 | 200,000 | |||
| Daniel Buffone | Y | $22,500 | $0.05 | 450,000 | |||
The Company shall issue a news release when the shares are issued and the debt extinguished.
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MERREX GOLD INC. ("MXI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 20, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a subscription agreement dated January 31, 2014 (the "Agreement") pursuant to which Merrex Gold Inc. (the "Company") will acquire 813,450 shares at a deemed price of £1.00 per share in Global Resources Investment Trust plc ("GRIT"), an investment trust registered in England and Wales and listed on the London Stock Exchange's main market, in exchange for 30,000,000 common shares of the Company at a price of CDN$0.05 per share.
| Insider / Pro Group Participation: | ||||
| Insider=Y / | ||||
| Name | ProGroup=P | # of Shares | ||
| GRIT | Y | 30,000,000 |
For further information please read the Company's news releases dated October 31, 2013, February 2, 2014, and March 10, 2014 available on SEDAR.
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MINERAL MOUNTAIN RESOURCES LTD ("MMV")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 20, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a subscription agreement dated January 17, 2014 (the "Agreement") pursuant to which Mineral Mountain Resource Ltd (the "Company") will acquire 1,121,128 shares at a deemed price of £1.00 per share in Global Resources Investment Trust plc ("GRIT"), an investment trust registered in England and Wales listed on the London Stock Exchange's main market, in exchange for 28,600,000 common shares of the Company at a price of Cdn$0.07 per share.
| Insider / Pro Group Participation: | ||||
| Insider=Y / | ||||
| Name | ProGroup=P | # of Shares | ||
| GRIT | Y | 28,600,000 |
A finder's fee of up to a maximum of 947,142 shares in the Company is payable to Goldreigh Capital Inc and up to a maximum of 947,142 shares in the Company is payable to Galloway Financial Services in connection with the Agreement.
For further information please read the Company's news releases dated November 6, 2013, January 21, 2014 and March 7, 2014 which are available on SEDAR.
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NEMASKA LITHIUM INC. ("NMX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 20, 2014
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, March 20, 2014, shares of the Company resumed trading, an announcement having been made.
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NORTH AMERICAN TUNGSTEN CORPORATION LTD. ("NTC")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: March 20, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 31, 2013:
| Convertible Debenture | US$ 9 million | ||
| Conversion Price: | Convertible into 79,787,234 common shares at CDN$0.12 using a fixed conversion rate of CDN$1=US$0.94 | ||
| Maturity date: | December 31, 2015 | ||
| Interest rate: | 11% per annum. | ||
| Number of Placees: | 10 placees | ||
| Insider / Pro Group Participation: | |||
| Insider=Y / | |||
| Name | ProGroup=P | Principal Amount | |
| Ronald Erickson | Y | $500,000 | |
| Kurt and Beth Heikkila | Y | $200,000 | |
| Dennis Lindahl | Y | $50,000 | |
| Queenwood Capital Partners LLC | Y | $500,000 | |
| (Ronald Erickson and Kurt Heikkila) | |||
| Queenwood Capital Partners II LLC | Y | $6,300,000 | |
| (Ronald Erickson and Kurt Heikkila) | |||
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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PACIFIC PARADYM ENERGY INC. ("PPE")
BULLETIN TYPE: Consolidation
BULLETIN DATE: March 20, 2014
TSX Venture Tier 2 Company
Pursuant to a resolution passed February 18, 2014, the Company has consolidated its capital on a (3) three old for (1) one new basis. The name of the Company has not been changed.
Effective at the opening, Friday, March 21, 2014, the common shares of Pacific Paradym Energy Inc. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'mineral exploration' company.
| Post - Consolidation | ||
| Capitalization: | Unlimited | shares with no par value of which |
| 22,320,899 | shares are issued and outstanding | |
| Escrow | nil | shares |
| Transfer Agent: | Computershare Investor Services Inc. | |
| Trading Symbol: | PPE | (UNCHANGED) |
| CUSIP Number: | 694740200 | (new) |
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RED OAK MINING CORP. ("ROC")
[formerly Universal Wing Technologies Inc. ("UAV")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: March 20, 2014
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders on December 16, 2013, the Company has consolidated its capital on a two (2) old for one (1) new basis. The name of the Company has also been changed as follows.
Effective at the opening, Friday, March 21, 2014, the common shares of Red Oak Mining Corp. will commence trading on TSX Venture Exchange, and the common shares of Universal Wing Technologies Inc. will be delisted. The Company is classified as a "Resource Mineral Exploration" company.
| Post - Consolidation | ||
| Capitalization: | Unlimited | shares with no par value of which |
| 17,661,696 | shares are issued and outstanding | |
| Escrow: | Nil | escrowed shares |
| Transfer Agent: | Computershare Trust Company of Canada | |
| Trading Symbol: | ROC | (new) |
| CUSIP Number: | 756825 10 5 | (new) |
________________________________________
SEAWAY ENERGY SERVICES INC. ("SEW")
BULLETIN TYPE: Consolidation
BULLETIN DATE: March 20, 2014
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders August 12, 2013, the Company has consolidated its capital on a (ten) 10 old for (one) 1 new basis. The name of the Company has not been changed.
Effective at the opening, Friday, March 21, 2014, common shares of the Company will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Services to Oil and Gas Extraction' company.
| Post - Consolidation | ||
| Capitalization: | Unlimited | shares with no par value of which |
| 2,887,747 | shares are issued and outstanding | |
| Escrow | Nil | shares |
| Transfer Agent: | Equity Financial Trust Company | |
| Trading Symbol: | SEW | (UNCHANGED) |
| CUSIP Number: | 812740207 | (new) |
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SILVER PURSUIT RESOURCES LTD. ("SPF")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 20, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 20, 2014:
| Number of Shares: | 1,000,000 shares | ||
| Purchase Price: | $0.05 per share | ||
| Warrants: | 1,000,000 share purchase warrants to purchase 1,000,000 shares | ||
| Warrant Exercise Price: | $0.05 for a five year period | ||
| Number of Placees: | 2 placees | ||
| Insider / Pro Group Participation: | |||
| Insider=Y / | |||
| Name | ProGroup=P | # of Shares | |
| Benjamin Leonardo Larga Burton | 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.
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SUNSET PACIFIC PETROLEUM LTD. ("SPK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 20, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 26, 2014, March 6, 2014 and March 10, 2014:
| Number of Shares: | 5,833,333 shares | |
| Purchase Price: | $0.06 per share | |
| Warrants: | 5,833,333 share purchase warrants to purchase 5,833,333 shares | |
| Warrant Exercise Price: | $0.07 for a five year period | |
| Number of Placees: | 7 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.]
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SYLOGIST LTD. ("SYZ")
BULLETIN TYPE: Halt
BULLETIN DATE: March 20, 2014
TSX Venture Tier 1 Company
Effective at 11.39 a.m., PST, March 20, 2014, 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.
________________________________________
TYPHOON EXPLORATION INC. ("TYP")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 20, 2014
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, March 20, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
VERISANTE TECHNOLOGY INC. ("VRS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 20, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing expedited documentation with respect to a Non-Brokered Private Placement announced March 18, 2014:
| Number of Shares: | 2,827,000 shares | |
| Purchase Price: | $0.17 per share | |
| Warrants: | 2,827,000 share purchase warrants to purchase 2,827,000 shares | |
| Warrant Exercise Price: | $0.25 for a two year period | |
| Number of Placees: | 7 placees | |
| Finder's Fee: | $8,160 and 48,000 finder's warrants payable to Sung Huh |
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.
________________________________________
VIRGIN METALS INC. ("VGM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 20, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 6, 2014:
| Number of Shares: | 7,500,000 shares | |
| Purchase Price: | $0.05 per share | |
| Number of Placees: | 5 placees |
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). The Company must also issue a news release if the private placement does not close promptly.
________________________________________
YOHO RESOURCES INC. ("YO")
BULLETIN TYPE: Plan of Arrangement
BULLETIN DATE: March 20, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange accepts for filing documentation relating to a plan of arrangement (the "Arrangement") between the Company, Yoho Resources Partnership and the shareholders of the Company. Pursuant to the terms of the Arrangement, the Company will issue one new common share of the Company (each a "New Share") and a pro rata entitlement to 13,629,442 common shares ("Storm Shares") in the capital of Storm Resources Ltd. ("Storm") for each outstanding share of the Company (each a "Yoho Share").
Based on the 52,602,531 Yoho Shares currently issued and outstanding, holders of Yoho Shares will be entitled to receive one (1) New Yoho Share and 0.25910 of a Storm Share for each Yoho Share held at the time the Arrangement is completed.
Effective at the opening, Friday, March 21, 2014, New Shares will commence trading on TSX Venture Exchange. The Company is classified as an 'Oil and Gas Exploration and Development' company.
| Post - Arrangement | ||
| Capitalization: | Unlimited | shares with no par value of which |
| 52,602,531 | shares are issued and outstanding | |
| Transfer Agent: | Valiant Trust Company | |
| Trading Symbol: | YO | (UNCHANGED) |
| CUSIP Number: | 98600Q100 | (new) |
________________________________________
NEX COMPANIES:
SCEPTRE VENTURES INC. ("SVP.H")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: March 20, 2014
NEX Company
Further to TSX Venture Exchange Bulletin dated July 16, 2012, the Company has applied for reinstatement to trading.
Effective at the opening, Friday, March 21, 2014 trading will be reinstated in the securities of the Company (CUSIP 806215 10 9).
_____________________________________
TILTING CAPITAL CORP. ("TLL.H")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 20, 2014
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 375,000 shares to settle outstanding debt for $37,500.
| Number of Creditors: | 1 Creditor | ||||||
| Insider / Pro Group Participation: | |||||||
| Creditor |
Insider=Y / Progroup=P |
|
Amount Owing |
|
Deemed Price per Share |
|
# of Shares |
| SPH Advisors Ltd. | Y | $35,000 | $0.10 | 375,000 | |||
| (S. Hayduk) |
|||||||
The Company shall issue a news release when the shares are issued and the debt extinguished.
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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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