VANCOUVER, June 10, 2014 /CNW/ -
TSX VENTURE COMPANIES:
ALBERTA STAR DEVELOPMENT CORP. ("ASX")
BULLETIN TYPE: Resume Trading, Change of Business-Announced
BULLETIN DATE: June 10, 2014
TSX Venture Tier 2 Company
Effective at the open on Wednesday, June 11, 2014, trading in the Company's shares will resume.
Further to the Company's news release dated May 22, 2014, regarding the proposed conversion to an Investment Issuer, (the 'Change of Business'), a waiver has been granted for the requirement to obtain a Sponsor.
This resumption of trading does not constitute acceptance of the Change of Business, 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.
________________________________________
BOLD STROKE VENTURES INC. ("BSV.H")
[formerly Bold Stroke Ventures Inc. ("BSV.P")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: June 10, 2014
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.4, Capital Pool Companies, the Company has not completed a Qualifying Transaction within the prescribed time frame. Therefore, effective at the opening on Wednesday, June 11, 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 Vancouver to NEX.
As of June 11, 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 BSV.P to BSV.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 March 21, 2014, trading in the Company's securities will remain suspended.
_______________________________________
BOOST CAPITAL CORP. ("BST.H")
[formerly Boost Capital Corp. ("BST.P")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: June 10, 2014
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.4, Capital Pool Companies, the Company has not completed a Qualifying Transaction within the prescribed time frame. Therefore, effective at the opening on Wednesday, June 11, 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 Toronto to NEX.
As of June 11, 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 BST.P to BST.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.
Trading in the securities of the Company will remain suspended pending compliance with Exchange Requirements.
_______________________________________
CANADIAN OVERSEAS PETROLEUM LIMITED ("XOP")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: June 10, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced March 31, 2014:
| Number of Shares: |
17,777,777 shares |
| Purchase Price: |
£0.135 (approximately $0.2486) per share |
| Warrants: |
None |
| Number of Placees: |
9 placees |
Insider / Pro Group Participation:
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Author S. Millholland |
Y |
3,296,296 |
| Agent's Fee: |
£122,000 cash and 888,889 warrants ("Agent Options") to GMP Securities Europe LLP and finnCap Ltd. |
|
| £150,000 corporate finance fee GMP Securities Europe LLP |
||
| -Each Agent Option is exercisable into one common share at an exercise price of £0.135 until April 4, 2016 |
||
________________________________________
EUROTIN INC. ("TIN")
BULLETIN TYPE: Halt
BULLETIN DATE: June 10, 2014
TSX Venture Tier 2 Company
Effective at 7:51 a.m., PST, June 10, 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.
________________________________________
EUROTIN INC. ("TIN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 10, 2014
TSX Venture Tier 2 Company
Effective at 10:15 a.m., PST, June 10, 2014, shares of the Company resumed trading, an announcement having been made.
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GARIBALDI RESOURCES CORP. ("GGI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 10, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a Mineral Property Option Agreement dated January 31, 2014 (the "Option Agreement"), between the Company and an arm's length party (the "Optionor). Pursuant to the Option Agreement, the Company has the option to acquire two packages of mineral tenures, comprised of: (i) five mineral tenures comprising 5,831 hectares located in the Liard Mining Division, BC, known as the Mount Sister Mary Property, and (ii) six mineral tenures located comprising 3,495 hectares in the Omineca Mining Division, BC, known as the Darb Lake Property (collectively, the "Properties"). In consideration, the Company will pay $18,500 in cash and issue 75,000 common shares of the Company ("Shares") at a deemed price of $0.225 to the Optionor within 10 days of receipt of Exchange acceptance of the Option Agreement. Additionally, under terms of the Option Agreement, the Optionor shall receive 150,000 Shares in each of the subsequent three years and 500,000 Shares in the fourth and final year (each a "Future Share Payment"), and the price of the any Future Share Payment must not be less that than the Discounted Market Price at the time of issuance..
The Optionor will retain a 2% net smelter return royalty (NSR) on production from the Properties, and the Company has the option at any time to reduce the NSR to 1% for a payment of $2,000,000 to the Optionor.
Insider / Pro Group Participation: None
________________________________________
GROUNDSTAR RESOURCES LIMITED ("GSA")
BULLETIN TYPE: Halt
BULLETIN DATE: June 10, 2014
TSX Venture Tier 2 Company
Effective at 9:26 a.m., PST, June 10, 2014, trading in the shares of the Company was halted for failure to maintain a Transfer Agent. 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.
________________________________________
HIGH NORTH RESOURCES LTD. ("HN")
BULLETIN TYPE: Private Placement-Brokered, Convertible Debenture/s
BULLETIN DATE: June 10, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced March 7, 2014:
| Convertible Debenture |
$8,670,000 |
| Conversion Price: |
Convertible into common shares at a price of $0.85 per share. |
| Maturity date: |
April 4, 2015 |
| Interest rate: |
12% per annum |
| Number of Placees: |
88 placees |
Insider / Pro Group Participation:
| Insider=Y / | ||
| Name | ProGroup=P | # of Debentures |
| Michael Black |
Y |
50 |
| Redhill Resources Corp. (Andrew Bowering) |
Y |
850 |
| Lawrence Walter |
Y |
65 |
| Aggregate Pro-Group Involvement |
P |
1,830 |
| [12 Placees] |
||
| Agent's Fee: |
GMP Securities L.P. - $595,550 cash |
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.
________________________________________
JAMES BAY RESOURCES LIMITED ("JBR")
BULLETIN TYPE: Private Placement-Non-Brokered, Remain Halted
BULLETIN DATE: June 10, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 23, 2013:
| Number of Shares: |
2,400,424 shares |
| Purchase Price: |
$1 per share |
| Warrants: |
2,400,424 share purchase warrants to purchase 2,400,424 shares |
| Warrant Exercise Price: |
$1.25 for a three-year period |
| Number of Placees: |
10 placees |
Insider / Pro Group Participation:
| Insider=Y / | ||
| Name | ProGroup=P | # of Units |
| Stephen Shefsky |
Y |
500,000 |
| Jon Pereira |
Y |
100,000 |
| Finder's Fee: |
$60,397 cash and 60,397 finder warrants paid to Afridev Capital Partners Ltd. |
The completion of the above financing is independent of the completion of the previously announced Change of Business. The above securities are restricted from resale until the completion of the proposed Change of Business. Any further resale restrictions will be determined as part of the review of the proposed Change of Business by the TSX Venture Exchange.
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.
Remain Halted
Further to the TSX Venture Exchange ('TSXV') Bulletin dated September 27, 2012, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation pursuant to TSXV Policy 5.2 regarding a Change of Business.
________________________________________
KAMINAK GOLD CORPORATION ("KAM")
BULLETIN TYPE: Halt
BULLETIN DATE: June 10, 2014
TSX Venture Tier 2 Company
Effective at 11:13 a.m., PST, June 10, 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.
________________________________________
MAPLE LEAF RESOURCE CORP. ("MPL.P")
BULLETIN TYPE: Halt
BULLETIN DATE: June 10, 2014
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, June 10, 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.
________________________________________
NOUVEAU MONDE MINING ENTERPRISES INC. ("NOU")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 10, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to the acquisition of a 100% interest in 4 blocks of mineral claims in the sector of the Company's graphite property Matawinie in Québec in exchange of 1,270,000 shares and a work commitment of $100,000 the first year and $200,000 the following year. The vendor retains a 2% NSR royalty of which each half (1%) can be repurchased for $1,000,000 each. Would the Company file a positive preliminary feasibility study or/and a feasibility study, the Company shall pay $1,000,000 cash, or issue 1,000,000 shares to the vendor, at the Company's option, for each study.
For further information, please refer to the Company's press release dated March 7, 2014.
ENTREPRISES MINIÈRES DU NOUVEAU-MONDE INC. (« NOU »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 10 juin 2014
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents concernant l'acquisition d'un intérêt de 100 % dans 4 groupes de claims miniers dans le secteur de la propriété de graphite Matawinie de la société au Québec pour une contrepartie de 1 270 000 actions et des engagements en travaux d'exploration de 100 000 $ la première année et de 200 000 $ l'année suivante. Le vendeur conserve une royauté NSR de 2 % de laquelle chaque moitié (1 %) peut être rachetée pour 1 000 000 $ chacune. Dans l'éventualité où la société effectue le dépôt d'une étude préliminaire de faisabilité et/ou d'une étude de faisabilité, la société devra verser, pour chaque étude, 1 000 000 $ en espèces ou émettre 1 000 000 d'actions au vendeur, au choix de la société.
Pour plus d'information, veuillez vous référer au communiqué de presse émis par la société le 7 mars 2014.
________________________________
PC GOLD INC. ("PKL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 10, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a mineral claim and option purchase agreement (the "Agreement") dated May 16, 2014 between GoldON Resources Ltd. (the "Vendor") and PC Gold Inc. (the "Company"). Pursuant to the Agreement the Company shall acquire 38 mining claims owned by the Vendor, and all of the Vendor's rights, interest and obligations under an option agreement between the Vendor and an arm's length third party, in respect of an additional 5 mining claims. All of the mining claims are located adjacent to the Company's Pickle Crow gold project in the Patricia Mining Division in Ontario.
As consideration, the Company shall issue 4,000,000 shares to the Vendor and pay $354,000 exploration expenses. Also, in order to exercise its option on the additional 5 mining claims, the Company must pay an additional aggregate of $55,000 by March 28, 2017.
For more information, refer to the Company's news release dated June 6, 2014.
________________________________________
PLICIT CAPITAL CORP. ("PLP.H")
[formerly Plicit Capital Corp. ("PLP.P")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Reinstated for Trading
BULLETIN DATE: June 10, 2014
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.4, Capital Pool Companies, the Company has not completed a Qualifying Transaction within the prescribed time frame. Therefore, effective at the opening on Wednesday, June 11, 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 Vancouver to NEX.
As of June 10, 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 PLP.P to PLP.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.
Effective at the opening on Wednesday, June 11, 2014, trading will be reinstated in the securities of the Company. Please refer to the Company's press release dated June 10, 2014 for further information.
_____________________________________
PLYMOUTH REALTY CAPITAL CORP. ("PH.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 10, 2014
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated December 4, 2013, effective at the open of business on Wednesday, June 11, 2014, shares of the Company will resume trading, an announcement having been made by the Company in a news release dated June 5, 2014. The Company has announced that it would not be proceeding with its proposed qualifying transaction to purchase a "Hampton Inn" branded hotel property located in New Jersey or the proposed acquisition of two additional "Hampton Inn" branded hotel properties located in Florida and Massachusetts.
_______________________________________
PRO-TRANS VENTURES INC. ("PVI")
BULLETIN TYPE: Halt
BULLETIN DATE: June 10, 2014
TSX Venture Tier 1 Company
Effective at 9:55 a.m., PST, June 10, 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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SPHERE 3D CORPORATION ("ANY")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: June 10, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced May 16, 2014:
Number of Special Warrants: 1,176,500 Special Warrants, each convertible into one unit, consisting of one common share and one-half common share purchase warrant, for no additional consideration. In the event that a prospectus has not been cleared by July 31, 2014, then the Special Warrants will entitle the holders to acquire 1.05 common shares and 0.525 warrants on exercise of each Special Warrant.
| Purchase Price: |
$8.50 per Special Warrant |
| Warrants: |
588,250 share purchase warrants to purchase 588,250 shares |
| Warrant Exercise Price: |
$11.50 for a two year period |
| Number of Placees: |
21 placees |
| Underwriters: |
Cormark Securities Inc., Paradigm Capital Inc. and Jacob Securities Inc. |
| Commission: |
$600,015 payable in cash |
For further details, please refer to the Company's news release dated June 5, 2014.
________________________________________
TERRACE ENERGY CORP. ("TZR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 10, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange (the 'Exchange') has accepted for filing documentation pertaining to an agreement (the 'Agreement'), dated February 6, 2013, as amended, among Terrace Energy Corp. (the 'Company'), and BlackBrush Oil & Gas, L.P. ('BlackBrush'), whereby the Company and BlackBrush acquired a working interest in certain oil and gas properties located in Texas, under and pursuant to an underlying agreement among BlackBrush and SWEPI LP ('Shell').
Under the Agreement, the Company and BlackBrush committed, among other terms, to form a special purpose limited partnership (the 'SPLP'), held 50% by each party, pursuant to which the SPLP has the option to spend an aggregate of US$104 million on certain qualified expenditures (the 'Expenditures').
Upon making the Expenditures in full, the SPLP will pay 50% of all development costs for the right to participate at a 50% working interest in each subsequent well, unless Shell elects to convert its working interest in a producing formation into a net profits interest.
Insider / Pro Group Participation: Not applicable.
For additional information please refer to the Company's news releases dated February 26, 2013 and April 29, 2013.
________________________________________
TESORO MINERALS CORP. ("TES")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 10, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 4,005,264 shares to settle outstanding debt for $441,741.91.
Number of Creditors: 6 Creditors
Insider / Pro Group Participation:
| Insider=Y / | Amount | Deemed Price | ||
| Creditor | Progroup=P | Owing | per Share | # of Shares |
| Cyrus Driver |
Y |
$25,000 |
$0.10 |
250,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
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THOR EXPLORATIONS LTD. ("THX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 10, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 3, 2014:
| Number of Shares: |
7,969,993 shares |
| Purchase Price: |
$0.075 per share |
| Number of Placees: |
3 placees |
| Finder's Fee: |
$32,599 payable to Kinda Associates Ltd. (B. Akindele, J. Akindele) |
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.
________________________________________
TLO CAPITAL CORP. ("TEE.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: June 10, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated June 2, 2014, effective at 12:22 p.m.,
June 10, 2014, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding a 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.
________________________________________
VRX WORLDWIDE INC. ("VRW")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 10, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 3,700,000 common shares of the Company ("Shares") at a deemed price of $0.05 per Share to retire a series of convertible debentures set to mature between August 26, 2014 and October 20, 2014, and to issue 2,084,760 Shares at a deemed price of $0.05 per Share in payment of outstanding bonuses owed to an Officer of the Company.
Number of Creditors: 5 Creditors
Insider / Pro Group Participation:
| Insider=Y / | Amount | Deemed Price | ||
| Creditor | Progroup=P | Owing | per Share | # of Shares |
| David MacLaren |
Y |
$204,238 |
$0.05 |
4,084,760 |
| Warrants: |
None |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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