VANCOUVER, May 5, 2014 /CNW/ -
TSX VENTURE COMPANIES:
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: May 5, 2014
TSX Venture Tier 2 Company
A Cease Trade Order has been issued by the Autorité des marchés financiers on May 5, 2014, against the following Company for failing to file the document indicated within the required time period:
| Symbol |
Company |
Failure to File |
Period |
| Ending |
|||
| (Y/M/D) |
|||
| ("GMR") |
Gastem inc. |
Annual Financial Statements |
13/12/31 |
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.
TYPE DE BULLETIN : Interdiction d'opérations sur valeurs
DATE DU BULLETIN : Le 5 mai 2014
Société du groupe 2 de TSX Croissance
Une interdiction d'opérations sur valeurs a été émise le 5 mai 2014 par l'Autorité des marchés financiers envers la société suivante pour défaut de déposer le document indiqué dans la période prescrite :
| Symbole |
Société |
Défaut de déposer |
Période se |
| terminant |
|||
| (A/M/J) |
|||
| (« GMR ») |
Gastem Inc. |
États financiers annuels |
13/12/31 |
Suite à l'interdiction d'opérations sur valeurs, la négociation des titres de la société demeurera suspendue jusqu'à ce que la société réponde aux normes de Bourse de croissance TSX. Il est interdit aux membres de transiger les titres de la société durant la période de suspension ou jusqu'à un avis ultérieur.
___________________________________
AFRICA OIL CORP. ("AOI")
BULLETIN TYPE: Graduation
BULLETIN DATE: May 5, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has been advised that the Company's shares will be listed and commence trading on Toronto Stock Exchange at the opening on May 6, 2014, under the symbol "AOI".
As a result of this Graduation, there will be no further trading under the symbol "AOI" on TSX Venture Exchange after May 5, 2014, and its shares will be delisted from TSX Venture Exchange at the commencement of trading on Toronto Stock Exchange.
______________________________________
ALEXANDER NUBIA INTERNATIONAL INC. ("AAN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 5, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 24, 2014:
| Number of Shares: |
5,900,000 shares |
| Purchase Price: |
$0.05 per share |
| Warrants: |
5,900,000 share purchase warrants to purchase 5,900,000 shares |
| Warrant Exercise Price: |
$0.05 for an eighteen month period |
| Number of Placees: |
13 placees |
| Finder's Fee: |
$4,450, plus 150,000 finder's warrants, each exercisable into one common share at a price of $0.05 for a period of eighteen months, payable to VSA Capital Limited |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
________________________________________
AMERICAN CONSOLIDATED MINERALS CORP. ("AJC")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 5, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,070,615 shares at a deemed price of $0.05 per share to settle outstanding debt for $103,530.75.
| Number of Creditors: |
5 Creditors |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| 0750181 BC Ltd. (Gary Arca) |
Y |
$57,500.00 |
$0.05 |
1,140,000 |
| Robert Eadie |
Y |
$12,000.00 |
$0.05 |
200,000 |
| Al Fabbro |
Y |
$20,000.00 |
$0.05 |
200,000 |
| Richard Kern |
Y |
$9,000.00 |
$0.05 |
190,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
ANGLO SWISS RESOURCES INC. ("ASW")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: May 4, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a Vending Agreement (the "Agreement") dated March 24, 2014 between 0995237 B.C. Ltd. (the "Purchaser") and Anglo Swiss Resources Inc. (the "Company"). Pursuant to the Agreement, the Company shall dispose of its 100% interest in the Kenville Gold Property located in southeastern British Columbia.
In consideration, the Company shall receive an aggregate of $900,000 plus up to $5,000,000 over a five year period pursuant to a 4% Gross Metal Royalty agreement between the Purchaser and the Company.
For more information please refer to the Company's news releases dated March 3, 2014 and May 1, 2014.
________________________________________
BAYFIELD VENTURES CORP. ("BYV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 5, 2014
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 April 22, 2014 and May 2, 2014:
| Number of Shares: |
1,830,000 shares non-flow-through |
|
| Purchase Price: |
$0.0.25 per share |
|
| Warrants: |
1,830,000 share purchase warrants to purchase 1,830,000 shares |
|
| Warrant Exercise Price: |
$0.255 for a two year period |
|
| Number of Placees: |
13 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aggregate Pro Group Involvement |
||
| [1 placee] |
P |
40,000 |
| Finders' Fees: |
Wolverton Securities Ltd. - $3,500.00 and 14,000 share purchase warrants that are exercisable into common shares at $0.255 per share. |
|
| Haywood Securities Inc. - $525.00 and 2,100 share purchase warrants that are exercisable into common shares at $0.255 per share. |
||
| Secutor Capital Management - $7,000.00 and 28,000 share purchase warrants that are exercisable into common shares at $0.255 per share. |
||
| Mezzo Consulting Services Planta Urbana (Frank Hogel) - $7,000 and 28,000 share purchase warrants that are exercisable into common shares at $0.255 per share. |
||
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.
________________________________________
CASSIUS VENTURES LTD. ("CZ")
BULLETIN TYPE: Halt
BULLETIN DATE: May 5, 2014
TSX Venture Tier 2 Company
Effective at 11:19 a.m., PST, May 5, 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.
________________________________________
CASSIUS VENTURES LTD. ("CZ")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 5, 2014
TSX Venture Tier 2 Company
Effective at 12:00 p.m., PST, May 5, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
CRAZY HORSE RESOURCES INC. ("CZH")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 5, 2014
TSX Venture Tier 2 Company
Effective at the open, Tuesday, May 6, 2014, trading in Crazy Horse Resources Inc.'s ("Crazy Horse") common shares will resume a news release having been issued on May 1, 2014 announcing that Crazy Horse has entered into a letter of intent with Ballyliffin Capital Corp ("Ballyliffin") dated April 29, 2014 pursuant to which Crazy Horse will amalgamate with Ballyliffin (the "Reviewable Transaction").
This resumption of trading does not constitute acceptance of the Reviewable Transaction, and should not be construed as an assurance of the merits of the transaction or the likelihood of completion. Crazy Horse is required to submit all of the required initial documentation relating to the transaction. IF THIS DOCUMENTATION IS NOT PROVIDED, OR IS INSUFFICIENT, A TRADING HALT MAY BE RE-IMPOSED.
Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange acceptance. There is a risk that the transaction will not be accepted or that the terms of the transaction may change substantially prior to acceptance. SHOULD THIS OCCUR, A TRADING HALT MAY BE RE-IMPOSED.
For further information, see the news release dated May 1, 2014 which is available under the Crazy Horse profile on SEDAR.
________________________________________
CORAL GOLD RESOURCES LTD. ("CLH")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: May 5, 2014
TSX Venture Tier 1 Company
The TSX Venture Exchange Inc. has accepted documentation in connection with an exploration and option to joint venture agreement (the "Option Agreement") among Coral Gold Resources Ltd. (the "Company"), Coral Resources Inc., Barrick Gold Exploration Inc. ("Barrick Gold") and Barrick Gold Corporation dated March 5, 2014. Under the Agreement, the Company has granted Barrick Gold an option to earn up to an undivided 60% interest in the Company's Gold Ridge Property in Nevada (consisting of a portion of the Robertson Property) in consideration for Barrick Gold incurring US$12,000,000 in exploration expenditures over a five year period. In addition, Barrick Gold has the option to increase its interest by an additional 15% for an aggregate undivided 75% interest by preparing and delivering to the Company a scoping study. The Option Agreement also provides that upon Barrick Gold exercising its option, a 60%/40% or a 75%/25% joint venture between the parties will be established in order to further explore the Gold Ridge Property.
Insider / Pro Group Participation: Nil
For further information please see the Company's news release dated March 5, 2014 which is available under the Company's profile on SEDAR.
________________________________________
CORNERSTONE METALS INC. ("CCC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 5, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 25, 2014:
| Number of Shares: |
2,453,660 shares |
|
| Purchase Price: |
$0.05 per share |
|
| Warrants: |
2,453,660 share purchase warrants to purchase 2,453,660 shares |
|
| Warrant Exercise Price: |
$0.05 for the first six months |
|
| $0.075 for the next six months |
||
| $0.10 for the second year |
||
| Number of Placees: |
13 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Thomas R. Kilbey |
Y |
100,000 |
| Robert G. McMorran |
Y |
150,000 |
| Buena Tierra Development Ltd. |
||
| (Paul Cowley) |
Y |
200,000 |
| ACB Services Inc. (Jason Nickel) |
Y |
50,000 |
| Aggregate Pro Group Involvement |
||
| [2 placees] |
P |
500,000 |
| Finder's Fee: |
56,000 units payable to Haywood Securities Inc. |
|
| - Finder's fee units are under the same terms as those to be issued pursuant to the private placement. |
||
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.
________________________________________
DELAVACO RESIDENTIAL PROPERTIES CORP. ("DVO.U")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 5, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Share Purchase Agreement dated March 26, 2014, between Delavaco Residential Properties Corp. (the "Company") and York Plains Investment Corp. (the "Vendor"), whereby the Company has acquired all of the issued and outstanding shares of H60 Canada Inc. – an entity that indirectly owns 19 residential properties located in New Jersey, USA.
The US$6,240,000 purchase price will be satisfied through the issuance of US$3,120,000 in promissory notes and 3,120,000 common shares of the Company at a deemed value of US$1.00 per share.
For further details please refer to the Company's news release dated May 5, 2014.
________________________________________
ELEVATION CAPITAL CORP ("ELE.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 5, 2014
TSX Venture Tier 2 Company
Effective at open of trading, Tuesday, May 6, 2014, PST, shares of the Company resumed trading, an announcement having been made.
________________________________________
EPM MINING VENTURES INC. ("EPK")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: May 5, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange (the "Exchange") has accepted for filing two (2) proposed loans (the "Loans"), 1) between the Company and certain affiliates of Extract Capital LP (the "Extract Loan / Extract Lender"), and 2) between the Company and Lance D'Ambrosio, Theodore Botts and Daniel Basse (collectively, the "Director Loans / Director Lenders").
The Extract Loan
A secured US $2,500,000 loan shall be issued. However, from and after the after the two (2) year anniversary of the closing date, the principal of the Extract Loan will be due at 110% to par amount plus accrued interest.
Maturing five years from the closing date, the cash interest shall be payable monthly, in arrears, in cash and computed on a monthly basis at U.S. 12 month LIBOR plus 650 basis points per annum. The Company may instead elect to capitalize the monthly interest at a rate of LIBOR plus 850 basis points. LIBOR shall have a minimum of at least 200 basis points for the calculation of the interest rate. The interest rate on the Extract Loan shall be increased by six percent (6%) per annum on the day after the two (2) year anniversary of the closing date.
A 5% arrangement fee shall be payable to the Extract Lender at closing.
The Company will also pay the Extract Lenders a production fee of US1.70/tonne of production of sulphate of potash produced from the Lake Sevier Project. The production fee may be repurchased at any time by the Company, for various amounts of cash determined by the timing of the payment.
The Extract Loan will be guaranteed by Emerald Peak Minerals LLC, Peak Minerals Canada Limited and Peak Minerals Inc.
Additionally, the Exchange has accepted the issuance of 1,500,000 bonus common shares and 750,000 non-transferable bonus warrants to be issued to the Extract Lender in connection with the Extract Loan. Each warrant is exercisable into one common share at a price of $0.36 for a period of five years from the closing date.
The Director Loans
The Director Lenders shall issue to the Company a secured US $700,000 loan, maturing two years from the closing date. Interest shall accrue monthly, in arrears, and shall be computed on a monthly basis at U.S. LIBOR (1 month) plus 175 basis points (minimum 200 basis points).
Additionally, the Exchange has accepted the issuance of 1,050,000 non-transferable bonus warrants to be issued to the Director Lenders in connection with the Director Loans. Each warrant is exercisable into one common share at a price of $0.36 for a period of two years from the closing date.
________________________________________
ITUNA CAPITAL CORPORATION ("TUN.P")
BULLETIN TYPE: CPC-Filing Statement, Remain Halted - Qualifying Transaction
BULLETIN DATE: May 5, 2014
TSX Venture Tier 2 Company
Effective May 2, 2014 TSX Venture Exchange has accepted for filing the Company's CPC Filing Statement dated April 29, 2014, for the purpose of filing on SEDAR.
Further to the TSX Venture Exchange ('TSXV') Bulletin dated January 16, 2014, trading in the common shares of the Company will remain halted pending receipt and review of acceptable documentation pursuant to TSXV Policy 2.4 regarding a Qualifying Transaction.
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.
________________________________________
KCO CAPITAL INC. ("KCO.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: May 5, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated May 21, 2013, effective at 5.29 a.m., May 21, 2013, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding a Qualifying Transaction pursuant to TSXV 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.
________________________________________
LA RONGE GOLD CORP. ("LAR")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: May 5, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated April 30, 2014, effective at 10:46 a.m., May 5, 2014, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Fundamental Acquisition pursuant to TSXV Listings Policy 5.6(d) of Exchange Policy 5.3. 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.
________________________________________
LATERAL CAPITAL CORP. ("LCP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 5, 2014
TSX Venture Tier 2 Company
(This is a second tranche closing)
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on February 28, 2014:
| Number of Shares: |
70,000 common shares |
| Purchase Price: |
$0.18 per unit |
| Warrants: |
70,000 share purchase warrants to purchase 70,000common shares |
| Warrant Exercise Price: |
$0.18 for a five year period |
| Number of Placees: |
1 placee |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release on
April 16, 2014 announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
________________________________________
MARQUEE ENERGY LTD. ("MQL")
BULLETIN TYPE: Prospectus-Share Offering
BULLETIN DATE: May 5, 2014
TSX Venture Tier 1 Company
Effective May 2, 2014, the Company's Prospectus dated April 25, 2014 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Alberta Securities Commission, Ontario Securities Commission, British Columbia Securities Commission, Saskatchewan Securities Commission, Manitoba Securities Commission, New Brunswick Securities Commission, Nova Scotia Securities Commission, Prince Edward Island and Newfoundland and Labrador Securities Commission pursuant to the provisions of the Securities Acts.
TSX Venture Exchange has been advised that closing occurred on May 2, 2014 proceeds of $20,125,242 (includes over-allotment).
| Agents: |
National Bank Financial Inc. |
| Haywood Securities Inc. |
|
| Acumen Capital Finance Partners Limited |
|
| Peters & Co. Limited |
|
| Canaccord Genuity Corp. |
|
| FirstEnergy Capital Corp. |
|
| Offering: |
19,231,000 common shares |
| Share Price: |
$0.91 share |
| Agents' Commission: |
5% of the gross proceeds |
| Greenshoe Option: |
The Agent exercised the full over-allotment option of an additional 2,884,650 common shares at a price of $0.91 per share. |
________________________________________
MAXIM RESOURCES INC. ("MXM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 5, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a subscription agreement dated November 13, 2013 and an amending agreement dated February 27, 2014 (collectively, the "Agreements") pursuant to which Maxim Resources Inc. (the "Company") will acquire 380,256 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 5,500,000 common shares of the Company at a price of CDN$0.125 per share.
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| GRIT |
Y |
5,500,000 |
For further information please read the Company's news release(s) dated November 7, 2013, February 27, 2014 and March 10, 2014 available on SEDAR.
________________________________________
NEWCASTLE ENERGY CORP. ("NGY")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: May 5, 2014
TSX Venture Tier 2 Company
Property-Asset or Share Disposition Agreement:
Pursuant to Newcastle Energy Corp. (the "Company") receiving shareholder approval for the transaction at the Special General Meeting of Shareholders held on March 31, 2014, and disclosure in the Company's information circular dated February 24, 2014, TSX Venture Exchange has accepted for filing:
| A. |
LAK Ranch Sale and Purchase Agreement ("SPA") dated February 1, 2014 between the Company's subsidiary Derek Resources (U.S.A.) Inc. ("Derek") and Maha Energy (US) Inc. ("Maha"), whereby Derek will sell to Maha its working interest in the LAK Ranch holding, which includes: |
|
| - 38.8235% working interest in the Federal leases; |
||
| - 38.8235% working interest in the New LAK Ranch Lease; |
||
| - 38.8235% working interest in the Joint operating agreement ("JOA") between Derek and Maha; |
||
| - 38.8235% working interest in assets held under the joint account under the original LAK Ranch Joint Acquisition Agreement ("JAA") between Derek and Maha; and |
||
| - 38.8235% working interest in all other assets, comprising the LAK Ranch area, Wyoming. |
||
| The total consideration for the transferred interest under the SPA is: |
||
| - a $635,000 cash payment; |
||
| - forgiveness of all Joint Venture debt (estimated to be about US$400,000); and |
||
| - the issuance to the Company of 3,750,000 shares of Maha Energy Inc., the Canadian-based parent of Maha Energy (US) Inc. |
||
| B. |
Letter Agreement between the Company's Subsidiary Derek Resources (U.S.A.) Inc. ("Derek") and Charles A. Haegelin dated February 10, 2014, which provides the terms of the settlement of the security interest held by Mr. Haegelin over the LAK Ranch Leases. |
|
| - Under the terms, the Company will repay loan note debt of $1,705,800 by making cash payment of $170,580 and transferring 539,807 Maha shares from the 3,750,000 issued to the Company to the debtor. |
||
Further information on the transaction is available in the Company's information circular dated February 24, 2014, and news releases dated January 14, 2014, February 21, 2014, March 20, 2014, April 1, 2014 and May 5, 2014 all on SEDAR.
________________________________________
NULEGACY GOLD CORPORATION ("NUG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 5, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a subscription agreement dated November 13, 2013 and side letters dated January 31, 2014 and February 27, 2014 (the "Agreement"), pursuant to which NuLegacy Gold Corporation (the "Company"), will acquire 1,731,200 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 20,000,000 common shares of the Company at a price of CDN$0.16 per share.
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| GRIT |
Y |
20,000,000 |
A finder's fee in cash of 3% of the net proceeds actually received by the Company from the sale of the GRIT shares is payable to Finao Advisory Corp. in connection with the Agreement.
For further information please read the Company's news releases dated November 7, 2013, January 21, 2014, February 26, 2014 and March 7, 2014 available on SEDAR.
________________________________________
PARKIT ENTERPRISE INC. ("PKT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 5, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 10, 2014:
FIRST TRANCHE:
| Number of Shares: |
3,352,333 shares |
|
| Purchase Price: |
$0.30 per share |
|
| Warrants: |
1,676,167 share purchase warrants to purchase 1,676,167 shares |
|
| Warrant Exercise Price: |
$0.50 for a two year period |
|
| Number of Placees: |
26 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| LaGourgue Holdings Ltd. |
Y |
33,000 |
| Richard Baxter |
Y |
50,000 |
| Patrick Bonney |
Y |
50,000 |
| Robert Emri |
Y |
73,000 |
| Aggregate Pro Group |
||
| [1 Placee] |
P |
170,000 |
| Finder's Fee: |
$6,300.00 plus 21,000 broker warrants with the same terms as the unit warrants is payable to Richardson GMP Limited. |
|
| 14,700 shares is payable to Steve Leclerc. |
||
| $2,100.00 plus 7,000 broker warrants with the same terms as the unit warrants is payable to PI Financial Corp. |
||
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.
________________________________________
PRO REAL ESTATE INVESTMENT TRUST ("PRV.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: May 5, 2014
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
| Distribution per Unit: |
$0.0175 |
| Payable Date: |
June 16, 2014 |
| Record Date: |
May 30, 2014 |
| Ex-Distribution Date: |
May 28, 2014 |
________________________________________
TITAN MEDICAL INC. ("TMD")
BULLETIN TYPE: Prospectus-Unit Offering
BULLETIN DATE: May 5, 2014
TSX Venture Tier 2 Company
The Company has closed its financing pursuant to its Prospectus dated October 15, 2012, and as supplemented by a prospectus supplement dated April 10, 2014, which was filed with and accepted by TSX Venture Exchange Inc., and filed with and receipted by the Securities Commissions of Ontario, Alberta and British Columbia on October 15, 2012, pursuant to the provisions of the applicable Securities Acts (the "Offering").
TSX Venture Exchange Inc. has been advised that the Offering closed on April 23, 2014, for gross proceeds of $22,284,085.
| Agent: |
Dundee Securities Ltd. |
| Offering: |
10,611,469 units ("Units"). Each Unit consisting of one share and one share purchase warrant ("Warrant"). |
| Unit Price: |
$2.10 per Unit |
| Warrant Exercise Price/Term: |
Each Warrant entitles the holder to acquire one additional common share of the Company at a price of $2.75 for a period of three years. |
| Agent's Fee: |
Excluding the sale of Units issued to subscribers identified by the company via a 'President's List' (for up to 5% of the gross proceeds raised through the sale of Units), the Agent shall receive a fee equal to 6% of the proceeds from Units sold pursuant to the agency agreement between the Company and the Agent. Proceeds raised through the sale of Units to subscribers on the President's List are subject to a commission of 3%. In addition the Company will issue to the Agent compensation warrants ("Broker Warrants") to purchase such number of Units equal to 6% (699,190 Units) of the number of Units sold (but excluding those Units issued to subscribers on the President's List). Each Broker Warrant is exercisable into one common share and one Warrant at a price of $2.10 for a period of two years following closing of the Offering. Each subsequent Warrant issued on exercise of the Broker Warrant is exercisable into one common share at a price of $2.75 for a period of three years following closing of the Offering. |
| Greenshoe Option: |
The Agent was granted an over-allotment option in connection with this Offering to purchase additional Units, up to 15% of the Offering, being 1,591,720 Units for additional gross proceeds of $3,342,612, which the Agent has exercised in full. |
________________________________________
TUSCANY ENERGY LTD. ("TUS")
BULLETIN TYPE: Stock Split
BULLETIN DATE: May 5, 2014
TSX Venture Tier 2 Company
Pursuant to a Special Resolution passed by shareholders on April 30, 2014, the Company's common shares will be split on a one (1) old for two (2) new basis.
The common shares of the Company will commence trading on a split basis at the opening, Wednesday, May 7, 2014. The Company is classified as an 'Oil & Gas Exploration/Development' company.
| Post - Split |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 38,662,990 |
shares are issued and outstanding |
|
| Escrowed Shares: |
Nil |
Escrowed Shares |
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
TUS |
(UNCHANGED) |
| CUSIP Number: |
90068U103 |
(UNCHANGED) |
Common shareholders of record at the close of business May 2, 2014 will be mailed additional certificates. The new certificates will be mailed on or about May 7, 2014. The push-out method will be used to effect the split.
Due Bill Trading
The common shares will commence trading on a "due bills" basis on the Exchange effective from the opening on May 2, 2014 to and including the Payment date of May 7, 2014. "Due bills" representing the entitlement to the stock dividend will trade during the "due bill" period. Accordingly, ex-distribution trading in the Company's shares will commence on the Exchange on May 7, 2014.
For further information, please refer to the Company's press release dated May 2, 2014.
________________________________________
VANTEX RESOURCES LTD. ("VAX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 5, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has accepted for filing the documentation with respect to a Non-Brokered Private Placement:
| Number of Shares: |
1,260,000 common shares, of which 1,008,000 are flow-through and 252,000 are non-flow-through |
| Purchase Price: |
$0.06 per common share |
| Warrants: |
630,000 warrants to purchase 630,000 common shares |
| Warrants Exercise Price: |
$0.10 for a period of 12 months following the closing of the Private Placement |
| Number of Placees: |
8 placees |
The Company has confirmed the completion of the Private Placement by way of a press release.
Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if it is initially less than the maximum permitted term.
RESSOURCES VANTEX LTÉE (« VAX »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 5 mai 2014
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX (la « Bourse ») a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier :
| Nombre d'actions : |
1 260 000 actions ordinaires, desquelles 1 008 000 son accréditives et 252 000 sont non-accréditives |
| Prix : |
0,06 $ par action ordinaire |
| Bons de souscription : |
630 000 bons de souscription permettant d'acquérir 630 000 actions ordinaires |
| Prix d'exercice des bons de |
|
| souscription : |
0,10 $ pour une période de 12 mois suivant la clôture du placement privé |
| Nombre de souscripteurs : |
8 souscripteurs |
La société a confirmé avoir complété le placement privé par voie d'un communiqué de presse.
Veuillez noter que dans certaines circonstances la Bourse pourrait prolonger la date d'expiration des bons de souscription si initialement, le terme de ces bons de souscription est moindre que le terme maximum permis par la Bourse.
_____________________________________
NEX COMPANIES:
GREENOCK RESOURCES INC. ("GKR.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 5, 2014
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 26, 2014, March 27, 2014 and April 2, 2014:
| Number of Shares: |
9,250,000 shares |
|
| Purchase Price: |
$0.10 per share |
|
| Warrants: |
4,625,000 share purchase warrants to purchase 4,625,000 shares |
|
| Warrant Exercise Price: |
$0.15 for a one year period, subject to an accelerated expiry |
|
| Number of Placees: |
71 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aggregate Pro Group Involvement |
||
| [6 placees] |
P |
875,000 |
| Finder's Fee: |
$1,500 payable to Dundee Securities Ltd. with 15,000 shares |
|
| $10,500 payable to PI Financial Corp., with 105,000 shares |
||
| $8,700 payable to Raymond James Ltd., with 87,000 shares |
||
| $27,450 payable to Jordan Capital Markets Inc., with 274,500 shares |
||
| $2,750 payable to Fin-XO Securities Inc., with 27,500 shares |
||
| $6,000 payable to Brant Securities Limited, with 60,000 shares |
||
| $29,800 payable to Hunter Atlantic LLC (McLeod Jumpay), with 298,000 shares |
||
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.
________________________________________
MERIDEX SOFTWARE CORPORATION ("MSC.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 5, 2014
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 3, 2014 and May 5, 2014:
| Number of Shares: |
2,760,000 shares |
|
| Purchase Price: |
$0.25 per share |
|
| Warrants: |
2,760,000 share purchase warrants to purchase 2,760,000 shares |
|
| Warrant Exercise Price: |
$0.50 for a one year period, subject to an acceleration clause. |
|
| Number of Placees: |
17 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aggregate Pro Group Involvement |
||
| [1 placee] |
P |
100,000 |
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.
____________________________________
RIFT BASIN RESOURCES CORP. ("RIF.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 5, 2014
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 29, 2013 and February 3, 2014:
| Number of Shares: |
10,100,162 shares |
| Purchase Price: |
$0.06 per share |
| Warrants: |
5,050,007 share purchase warrants to purchase 5,050,077 shares |
| Warrant Exercise Price: |
$0.20 for a one year period. The warrants have an acceleration provisions which entitles the Company to accelerate the expiry date of the warrants to 30 days if the closing price of the Company's shares has been equal to or greater than $0.30 for any ten consecutive trading days after the hold period has expired. |
| Number of Placees: |
48 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.
____________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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