VANCOUVER, May 23, 2014 /CNW/ -
TSX VENTURE COMPANIES:
88 CAPITAL CORP. ("EEC")
BULLETIN TYPE: Private Placement-Non-Brokered, Correction
BULLETIN DATE: May 23, 2014
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated May 21, 2014, the following information is corrected:
| Finder's Fee: |
$54,020 and 900,333 warrants payable to Larry James. Each warrant is exercisable at a price of $0.08 for a five year period. |
All other details remain unchanged.
________________________________________
ALBERTA STAR DEVELOPMENT CORP. ("ASX")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: May 23, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated May 22, 2014, effective at 9:49 a.m.,
May 23, 2014, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding a Change of Business and/or Reverse Take-Over 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.
________________________________________
BONAPARTE RESOURCES INC. ("BON")
BULLETIN TYPE: Delist, Remain Halted
BULLETIN DATE: May 23, 2014
TSX Venture Tier 2 Company
Effective at the close of business on Monday, June 2, 2014, the common shares of Bonaparte Resources Inc. will be delisted from TSX Venture Exchange at the request of the Company.
Further to the bulletin dated February 13, 2014, trading in the Company's shares shall remain halted on TSX Venture Exchange until the close of business on June 2, 2014.
________________________________________
CANAM COAL CORP. ("COE")
BULLETIN TYPE: Halt
BULLETIN DATE: May 23, 2014
TSX Venture Tier 2 Company
Effective at 11:16 a.m., PST, May 23, 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.
________________________________________
CANOEL INTERNATIONAL ENERGY INC. ("CIL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 23, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 5, 2014, May 9, 2014. May 16, 2014:
| Number of Securities: |
4,136,666 units ("Units") |
|
| Each Unit consists of one common share issued and one common share purchase warrant ("Warrant"). |
||
| Purchase Price: |
$0.15 per Unit |
|
| Warrants: |
4,136,666 share purchase warrants to purchase 4,136,666 shares |
|
| Warrant Exercise Price: |
$0.25 for a period of 36 months from closing. |
|
| Number of Placees: |
34 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P / |
# of Units |
| Andrea Cattaneo |
Y |
666,666 |
| Planaval Resources Ltd. (Dario Sodero) |
Y |
50,000 |
| Finder's Fee: |
$15,520 cash and 103,466 non-transferrable warrants ("Finder's Warrants") payable to Jordan Capital Markets Inc. |
|
| $12,000 cash and 80,000 Finder's Warrants payable to Stephen Avenue Securities Inc. |
||
| $1,200 cash and 8,000 Finder's Warrants payable to Jones Gable & Co. Ltd. |
||
| $12,000 cash payable to General Research GmbH. |
||
| Each Finder's Warrant entitles the holder to purchase one common share at a price of $0.25 until expiry 36 months from the date of closing. |
||
________________________________________
CORNERSTONE CAPITAL RESOURCES INC. ("CGP")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: May 23, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to an Amendment No. 3 Agreement dated March 1, 2014 (the "Amending Agreement") in reference to an Amending Agreement dated June 1, 2011 with respect to a License Agreement dated January 28, 2011 (collectively, the "Agreements") between the Company and 655471 NB Inc. ("655471"), Garth Graves and William Kerby. As per terms of the Agreements, the Company was granted an exclusive license to use a proprietary geological database containing the documents and maps for the purpose of identifying and acquiring minerals concessions in the Republic of Chile, located within the area known as the Miocene Project (the "Property"). Pursuant to the Amending Agreement, the consideration to be made by the Company includes the payments previously made on April 28, 2012 of $20,000 in cash and the issuance of common shares with a value of $20,000, in addition to the amended cash payments, share payments (provided that the deemed price per share shall never be less than the Discounted Market Price at the time of issuance) and the exploration expenditures on the Property to 655471 (collectively, the "License Fee"), to be incurred as follows:
| Cash |
Value of Issued Common Shares |
Annual Work Commitment |
|
| April 28, 2012 (Paid) |
$20,000 |
$20,000 |
Deferred |
| April 28, 2013 |
Deferred |
Deferred |
Deferred |
| April 28, 2014 |
$20,000 |
$20,000 |
Deferred |
| April 28, 2015 |
$30,000 |
$30,000 |
$500,000 |
| April 28, 2016 |
$60,000 |
$60,000 |
$500,000 |
| April 28, 2017 |
$120,000 |
$120,000 |
$1,000,000 |
| April 28, 2018 |
Nil |
Nil |
$1,500,000 |
| April 28, 2019 |
Nil |
Nil |
$1,500,000 |
Upon full satisfaction of the Licence Fee, a 2% net smelter return royalty ("NSR") shall be payable to Garth Graves from each claim block or distinct claim area that results from the exploration program within the Property and as a direct result of using information in the database. The Company has the assignable right to buy back one-half of the NSR at any time for $1,000,000.
For further information, please see the Company's press release dated May 8, 2014.
Insider / Pro Group Participation: None
________________________________________
EPALS CORPORATION ("CKT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 23, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 21,784,000 restricted voting common shares at a deemed value of CDN$0.075 per share to settle outstanding debt for CDN$1,633,800.
| Number of Creditors: |
1 Creditor |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| ZG Ventures, LLC |
Y |
$1,633,800 |
$0.075 |
21,784,000 |
For further details, please refer to the Company's news release dated May 21, 2014.
________________________________________
FORMATION FLUID MANAGEMENT INC. ("FFM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 23, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 2, 2014 and April 9, 2014:
| Number of Shares: |
12,222,178 shares |
|
| Purchase Price: |
$0.18 per share |
|
| Warrants: |
6,111,094 share purchase warrants to purchase 6,111,094 shares |
|
| Warrant Exercise Price: |
$0.25 for a two year period |
|
| Number of Placees: |
53 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Mark Bentsen |
Y |
2,993,400 |
| Aggregate Pro Group Involvement |
P |
2,886,778 |
| [20 placees] |
||
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.
________________________________________
GENOIL INC. ("GNO")
BULLETIN TYPE: Delist
BULLETIN DATE: May 23, 2014
TSX Venture Tier 2 Company
Further to the Company's May 4, 2014 news release, effective at the close of business on Monday,
May 26, 2014, the common shares will be delisted from TSX Venture Exchange for failure to comply with Exchange Requirements.
________________________________________
GESPEG COPPER RESOURCES INC. ("GCR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 23, 2014
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 March 6, 2014 and April 28, 2014:
| Number of Shares: |
7,970,000 shares |
||
| Purchase Price: |
$0.05 per share |
||
| Warrants: |
3,985,000 share purchase warrants to purchase 3,985,000 shares |
||
| Warrant Exercise Price: |
$0.15 for a two year period |
||
| Number of Placees: |
14 placees |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / |
|||
| Name |
ProGroup=P |
# of Shares |
|
| Denis Clement |
Y |
200,000 |
|
| Tim Termuende |
Y |
200,000 |
|
| Victor Goncalves |
Y |
200,000 |
|
| 49 North Resources Inc. |
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. 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.
________________________________________
INTERCEPT ENERGY SERVICES INC. ("IES")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: May 23, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated May 8, 2014, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission dated May 8, 2014 has been revoked.
Effective at the opening, Monday, May 26, 2014, trading will be reinstated in the securities of the Company (CUSIP 45845R 10 4).
_______________________________________
KHAYYAM MINERALS LTD. ("KYY.P")
BULLETIN TYPE: Qualifying Transaction-Completed, Delist
BULLETIN DATE: May 23, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Information Circular dated March 24, 2014. As a result the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following:
The Company has completed its Qualifying Transaction whereby the Company has agreed to purchase 7,740,000 units being offered under a private placement by Kincora Copper Limited ("Kincora") at a price of $0.05 per Kincora unit, for aggregate consideration of $387,000, where each Kincora unit consists of one common share and one share purchase warrant exercisable for two years at $0.105 per share.
Following completion of the private placement, the Company will distribute the Kincora units pro rata to its shareholders and thereafter to be delisted and dissolved.
Effective at the close of business on Friday, May 23, 2014, the common shares will be delisted from TSX Venture Exchange at the request of the Company, the Company having completed its distribution of the Kincora units pro rata to its shareholders.
Majority of Minority approval was obtained at the Company's special meeting of shareholders held on May 5, 2014.
For further information please review the Company's Information Circular dated March 24, 2014 and news release dated May 21, 2014.
________________________________
LAURENTIAN GOLDFIELDS LTD ("LGF")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 23, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing Asset Purchase Agreement dated May 12, 2014 between the Company and Sabina Gold & Silver Corp. ("Sabina"), whereby the Company will acquire a 100% interest in the Newman-Madsen property in the Red Lake mining camp of North-western Ontario (the "Property").
In Consideration of the transaction the Company will:
- Issue 6.5 million common shares of the Company to Sabina, which are subject to a statutory four month hold period.
- Take the necessary steps to appoint Mr. Robert Pease, current President and CEO of Sabina, to Laurentian's Board of Directors.
- Enter into an equity participation agreement pursuant to which Sabina will have a right to maintain its equity position.
Further information on the transaction is available in the company's news releases dated: December 19, 2013, January 24, 2014, February 19, 2014 and May 13, 2014
| CASH |
SHARES |
||
| Sabina Gold & Silver Corp. |
$0 |
6,500,000 |
________________________________________
MCCHIP RESOURCES INC. ("MCS")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: May 23, 2014
TSX Venture Tier 2 Company
The Issuer has declared the following dividend(s):
| Dividend per Share: |
$0.05 |
| Payable Date: |
June 19, 2014 |
| Record Date: |
June 5, 2014 |
| Ex-Dividend Date: |
June 3, 2014 |
________________________________________
MOSAIC CAPITAL CORPORATION ("M") ("M.PR.A")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: May 23, 2014
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
| Dividend per Common Share: |
$0.06 |
| Payable Date: |
June 30, 2014 |
| Record Date: |
May 30, 2014 |
| Ex-Dividend Date: |
May 28, 2014 |
| Dividend per Preferred Security: |
$0.0833 |
| Payable Date: |
June 16, 2014 |
| Record Date: |
May 30, 2014 |
| Ex-Dividend Date: |
May 28, 2014 |
________________________________________
PRO-TRANS VENTURES INC. ("PVI")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 23, 2014
TSX Venture Tier 1 Company
Effective at 6:30 a.m., PST, May 23, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
PURE MULTI-FAMILY REIT LP ("RUF.U")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 23, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 8, 2014 and May 21, 2014:
| Number of Shares: |
4,395,824 Class A Units |
| Purchase Price: |
$4.55 per Class A Unit |
| Warrants: |
2,197,912 warrants to purchase 2,197,912 Class A Units |
| Warrant Exercise Price: |
$5.15 until November 20, 2016 |
| Number of Placees: |
11 placees |
| Finder's Fee: |
$80,375.75 payable to Canaccord Genuity 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.
________________________________________
SOURCE EXPLORATION CORP. ("SOP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 23, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 22, 2014:
| Number of Shares: |
10,257,166 shares |
||
| Purchase Price: |
$0.12 per share |
||
| Warrants: |
10,257,166 share purchase warrants to purchase 10,257,166 shares |
||
| Warrant Exercise Price: |
$0.20 for a five year period |
||
| Number of Placees: |
57 placees |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / |
|||
| Name |
ProGroup=P |
# of Shares |
|
| Nathan Dyll |
Y |
35,000 |
|
| Brian Robertson |
Y |
100,000 |
|
| Aggregate Pro Group Involvement |
P |
2,134,116 |
|
| [11 placees] |
|||
| Finders' Fees: |
Gabriela Gates receives $720 and 6,000 non-transferable warrants*. |
||
| Haywood Securities Inc. receives $36,484 and 320,700 non-transferable warrants*. |
|||
| HBS Financial Planning Ltd. receives $2,000. |
|||
| Douwe van Hees receives $2,880 and 24,000 non-transferable warrants*. |
|||
| Jordan Capital Markets Inc. receives $7,200 and 60,000 non-transferable warrants*. |
|||
| PI Financial Corp. receives $8,640 and 72,000 non-transferable warrants*. |
|||
| Robert Orr receives $1,498 and 12,480 non-transferable warrants*. |
|||
| The Alyris Group (Dan Mechis, Ewan Downie, and Steve Filipovic) receives $2,664 and 22,200 non-transferable warrants*. |
|||
| *Each non-transferable warrant is exercisable for one share at a price of $0.20 for a five-year period. |
|||
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.]
________________________________________
SUNDANCE ENERGY CORPORATION ("SNY")
BULLETIN TYPE: Resume Trading, Reverse Takeover-Announced
BULLETIN DATE: May 23, 2014
TSX Venture Tier 2 Company
Effective at the open, Monday, May 26, 2014, trading in the Company's shares will resume.
Further to the Company's news release dated May 16, 2014, regarding the proposed business combination with Ceno Energy Limited (the 'Reverse Takeover'), subject to completion of its review, the Company has obtained a sponsorship exemption.
This resumption of trading does not constitute acceptance of the Reverse Takeover, and should not be construed as an assurance of the merits of the transaction or the likelihood of completion. Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange acceptance and shareholder approval. 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.
________________________________________
THESCORE, INC. ("SCR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 23, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 14, 2014:
| Number of Shares: |
27,140,000 Subordinate Voting Shares |
||
| Purchase Price: |
$0.30 per share |
||
| Number of Placees: |
3 placees |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / |
|||
| Name |
ProGroup=P |
# of Shares |
|
| Relay Ventures Fund II L.P. (John Albright) |
Y |
10,221,428 |
|
| Relay Ventures Parallel Fund II L.P. (John Albright) |
Y |
358,572 |
|
| Levfam Holdings Ltd. (John Levy) |
Y |
16,560,000 |
|
For further details, please refer to the Company's news release dated May 6, 2014.
________________________________________
THESCORE, INC. ("SCR")
BULLETIN TYPE: Prospectus-Share Offering
BULLETIN DATE: May 23, 2014
TSX Venture Tier 1 Company
Effective April 25, 2014, the Company's Short Form Prospectus dated April 25, 2014 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador Securities Commissions, pursuant to the provisions of the British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador Securities Acts.
TSX Venture Exchange has been advised that closing occurred on May 6, 2014, for gross proceeds of CDN$9,108,000.
| Underwriters: |
Beacon Securities Limited and Canaccord Genuity Corp. |
| Offering: |
30,360,000 Subordinate Voting Shares (includes over-allotment option) |
| Share Price: |
$0.30 per share |
| Commission: |
CDN$637,560 |
________________________________________
WESTERN PLAINS PETROLEUM LTD. ("WPP.H")
[formerly Western Plains Petroleum Ltd. ("WPP")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: May 23, 2014
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective Monday, May 26, 2014, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Calgary to NEX.
As of May 26, 2014, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.
The trading symbol for the Company will change from WPP to WPP.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.
Further to the TSX Venture Exchange Bulletin dated February 20, 2014, trading in the securities of the Company will remain suspended.
_______________________________________
WOLFPACK GOLD CORP. ("WFP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 23, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 8, 2014:
| Number of Shares: |
6,225,000 shares |
||
| Purchase Price: |
$0.10 per share |
||
| Number of Placees: |
2 placees |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / |
|||
| Name |
ProGroup=P |
# of Shares |
|
| Resource Re Ltd. (Till Capital Ltd.) |
Y |
5,000,000 |
|
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.
________________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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