VANCOUVER, June 12, 2014 /CNW/ -
TSX VENTURE COMPANIES:
APPALACHES RESOURCES INC. ("APP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 12, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement:
| Number of Shares: |
12,845,000 flow-through common shares |
||
| Purchase Price: |
$0.10 per flow-through common share |
||
| Warrants: |
12,845,000 warrants to purchase 12,845,000 common shares |
||
| Warrant Exercise Price: |
$0.15 until May 28, 2016 |
||
| Number of Placees: |
50 placees |
||
| Insider / Pro Group Participation: |
|||
| Insider = Y / | Number | ||
| Name | Pro Group = P | of shares | |
| Aggregate Pro-Group Involvement | |||
| [2 Placees] |
P | 600,000 | |
| Finders: |
EMD Financial Inc., Caldwell Securities Ltd., Fidelity Clearing |
||
| Canada ULC and Dundee Securities Ltd. |
|||
| Finder's fee: |
$102,760 in cash and 1,027,600 non-transferable finders' warrants |
||
| to purchase 1,027,600 common shares at the exercise price of |
|||
| $0.10 per share until May 28, 2016. |
The Company has confirmed the closing of the above-mentioned Private Placement by news release dated May 29, 2014.
RESSOURCES APPALACHES INC. (« APP »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 12 juin, 2014
Société du groupe 1 de TSX croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier :
| Nombre d'actions : |
12 845 000 actions ordinaires accréditives |
||
| Prix : |
0,10 $ par action ordinaire accréditives |
||
| Bons de souscription : |
12 845 000 bons de souscription permettant de souscrire à 12 845 000 actions |
||
| ordinaires |
|||
| Prix d'exercice des bons : |
0,15 $ jusqu'au 28 mai 2016 |
||
| Nombre de souscripteurs : |
50 souscripteurs |
||
| Participation Initié / Groupe Pro : |
|||
| Initié = Y / | Nombre | ||
| Nom | Groupe Pro = P | d'actions | |
| Participants au groupe « Pro » | |||
| (2 participants) | P | 600 000 | |
| Intermédiaire : |
EMD Financial Inc., Caldwell Securities Ltd., Fidelity Clearing Canada ULC |
||
| et Dundee Securities Ltd. |
|||
| Frais d'intermédiation : |
102 760 $ en espèces et 1 027 600 bons de souscriptions non-transférables |
||
| permettant de souscrire 1 027 600 actions ordinaires au prix d'exercice de |
|||
| 0,10 $ l'action jusqu'au 28 mai 2016. |
|||
La société a confirmé la clôture du placement privé précité dans le cadre d'un communiqué de presse daté du 29 mai 2014.
_____________________________________
CAMINO MINERALS CORPORATION ("COR")
BULLETIN TYPE: Consolidation
BULLETIN DATE: June 12, 2014
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders on May 29, 2014, 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 on Friday, June 13, 2014, the common shares of Camino Minerals Corporation will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration / Development' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 9,626,543 |
shares are issued and outstanding |
|
| Escrow |
Nil |
shares |
| Transfer Agent: |
Computershare Investor Services Inc. |
|
| Trading Symbol: |
COR |
(UNCHANGED) |
| CUSIP Number: |
138050208 |
(new) |
________________________________________
DESTINY MEDIA TECHNOLOGIES INC. ("DSY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 12, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 6, 2014:
| Number of Shares: |
128,701 shares |
|
| Purchase Price: |
US$0.96 per share |
|
| Number of Placees: |
3 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Steve Vestergaard |
Y |
50,000 |
| Edward Kolic |
Y |
28,701 |
| Lawrence Langs |
Y |
50,000 |
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.
________________________________________
GOLDEN VALLEY MINES LTD. ("GZZ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 12, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement announced on May 16, 2014 and May 20, 2014:
| Number of Shares: |
2,999,998 common shares |
|
| Purchase Price: |
$0.15 per common share |
|
| Warrants: |
1,499,998 warrants to purchase 1,499,998 common shares |
|
| Warrant Exercise Price: |
$0.22 per share for a period of 18 months |
|
| Number of Placees: |
8 placees |
|
| Insider/Pro Group Participation: |
||
| Insider = Y / | Number of | |
| Name | Pro Group = P | Shares |
| Aggregate Pro Group Involvement | ||
| [5 Placees] | P | 2,333,332 |
The Company has confirmed the closing of the above-mentioned Private Placement pursuant to news releases dated May 30, 2014 and June 5, 2014.
LES MINES DE LA VALLÉE DE L'OR LTÉE (« GZZ »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 12 juin 2014
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier, tel qu'annoncé le 16 mai 2014 et 20 mai 2014 :
| Nombre d'actions : |
2 999 998 actions ordinaires |
|
| Prix : |
0,15 $ par action ordinaire |
|
| Bons de souscription : |
1 499 998 bons de souscription permettant de souscrire à |
|
| 1 499 998 actions ordinaires |
||
| Prix d'exercice des bons : |
0,22 $ par action pour une période de 18 mois |
|
| Nombre de souscripteurs : |
8 souscripteurs |
|
| Participation initié / Groupe Pro : |
||
| Initié = Y / | Nombre | |
| Nom | Groupe Pro = P | d'actions |
| Participants au groupe « Pro » | ||
| (5 participants) | P |
2 333 332 |
La société a confirmé la clôture du placement privé mentionné ci-dessus dans le cadre des communiqués de presse datés du 30 mai et 5 juin 2014.
____________________________________________
GOLDRUSH RESOURCES LTD. ("GOD")
BULLETIN TYPE: Halt
BULLETIN DATE: June 12, 2014
TSX Venture Tier 2 Company
Effective at 9:51 a.m., PST, June 12, 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.
________________________________________
GOLDRUSH RESOURCES LTD. ("GOD")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 12, 2014
TSX Venture Tier 2 Company
Effective at 11:45 a.m., PST, June 12, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
IBERIAN MINERALS LTD. ("IML")
[formerly Solid Resources Ltd. ("SRW")]
BULLETIN TYPE: Name Change
BULLETIN DATE: June 12, 2014
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders December 13, 2010 and as approved by Directors of the Company April 24, 2014, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening, Friday, June 13, 2014, the common shares of Iberian Minerals Ltd. will commence trading on TSX Venture Exchange, and the common shares of Solid Resources Ltd. will be delisted. The Company is classified as a 'Mining Exploration' company.
| Capitalization: |
Unlimited |
shares with no par value of which |
| 144,996,046 |
common shares are issued and outstanding |
|
| Escrow: |
Nil |
Escrowed Shares |
| Transfer Agent: |
Computershare Trust Company |
|
| Trading Symbol: |
IML |
(new) |
| CUSIP Number: |
45083B100 |
(new) |
________________________________________
IOU FINANCIAL INC. ("IOU")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: June 12, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a notice of IOU Financial Inc. (the "Company") in connection to the sale of up to US$250 million of loans by IOU Central Inc. ("IOU Central"), a wholly-owned subsidiary of the Company, to the Palos/IOU High Yield Fund which is managed by Palos Management Inc. Mr. Philippe Marleau, Chief Executive Officer and a director of the Company, is a shareholder in a company that has control over more than 10% of IOU Financial's common shares and which controls, indirectly, Palos Management Inc.
The sale of loans will be made pursuant to debt assignment agreements and over the 60-month period following the Company's shareholder meeting held on May 23, 2014.
For more information please refer to the Company's press releases dated April 25, 2014 and May 23, 2014.
FINANCIÈRE IOU INC. (« IOU »)
TYPE DE BULLETIN : Divers
DATE DU BULLETIN : Le 12 juin 2014
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt d'avis de IOU Financial inc. (la « société ») relativement à la vente d'un maximum de 250 millions de dollars US de prêts par IOU Central Inc. (« IOU Central »), une filiale à part entière de la société, au Fonds Palos/IOU à haut rendement qui est géré par Gestion Palos inc. M. Philippe Marleau, chef de la direction et administrateur de la société, est un actionnaire d'une entreprise qui exerce un contrôle sur plus de 10 % des actions ordinaires de la société et qui contrôle, indirectement, Gestion Palos inc.
La vente de prêts sera complétée en vertu d'ententes d'assignation de prêts et sur une période de 60 mois suivant l'assemblée des actionnaires de la société tenue le 23 mai 2014.
Pour de plus amples renseignements, veuillez référer aux communiqués de presse de la société datés des 25 avril et 23 mai 2014.
________________________________________
LAKESIDE MINERALS INC. ("LAK")
BULLETIN TYPE: Consolidation
BULLETIN DATE: June 12, 2014
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders in October 31, 2013, the Company has consolidated its capital on a (4) four old for (1) one new basis. The name of the Company has not been changed.
Effective at the opening on Monday, June 16, 2014, the common shares of Lakeside Minerals Inc. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration/Development' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 10,119,571 |
shares are issued and outstanding |
|
| Escrow |
311,247 |
shares are subject to escrow |
| Transfer Agent: |
Olympia Transfer Services Inc. |
|
| Trading Symbol: |
LAK |
(UNCHANGED) |
| CUSIP Number: |
512120871 |
(new) |
________________________________________
NEW ERA MINERALS INC. ("NEM")
[formerly KCC Capital Corporation ("KIC.H")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Name Change and Consolidation, Graduation from NEX to TSX Venture, Resume Trading, Amendment
BULLETIN DATE: June 12, 2014
TSX Venture Tier 2 Company
Further to the bulletin dated May 30, 2014, the Company has amended its consolidation ratio as follows:
The Company consolidated its capital on an 8.405442 old for one (1) new basis. The post-consolidation shares are as follows:
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 77,619,146 |
shares are issued and outstanding |
|
| Escrow: | 139,788 |
shares are subject to a CPC Escrow Agreement |
| 61,333,333 |
shares are subject to a TSX Venture Exchange Surplus |
|
| Escrow Agreement (the "Transaction Escrowed |
||
| Securities") |
||
| 3,277,500 |
Advisor Shares are subject to restrictions in trade over |
|
| the following three years that correspond with the same |
||
| dates of release from escrow as the Transaction |
||
| Escrowed Securities |
||
The rest of the bulletin remains unchanged.
________________________________________
PANORAMA PETROLEUM INC. ("PPA")
[formerly Azure Resources Corporation ("AZU")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: June 12, 2014
TSX Venture Tier 1 Company
Pursuant to a resolution passed by shareholders June 6, 2014, the Company has consolidated its capital on a (10) ten old for (1) one new basis. The name of the Company has also been changed as follows.
Effective at the opening, Friday, June 13, 2014, the common shares of Panorama Petroleum Inc. will commence trading on TSX Venture Exchange, and the common shares of Azure Resources Corporation will be delisted. The Company is classified as a 'Resource' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 12,861,947 |
shares are issued and outstanding |
|
| Escrow: |
Nil |
shares |
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
PPA |
(new) |
| CUSIP Number: |
69862U105 |
(new) |
________________________________________
PASSPORT POTASH INC. ("PPI")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: June 12, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 16, 2014:
| Convertible Debenture: |
US$500,000 |
| Conversion Price: |
Convertible into (a) units of the Company consisting of one common share and one common share purchase warrant at US$0.12 of principal outstanding for a four year period or (b) 10% of the shares the Company holds in PPI East Block Holding Corp. |
| Maturity date: |
48 months from the date of closing |
| Warrants |
Each warrant will have a term of four years from the date of issuance of the notes and entitle the holder to purchase one common share at an exercise price of $0.12 for the four year term. |
| Interest rate: |
9.5% per annum |
| 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.
________________________________________
PRO-TRANS VENTURES INC. ("PVI.H")
[formerly Pro-Trans Ventures Inc. ("PVI")]
BULLETIN TYPE: Suspend, Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE: June 12, 2014
TSX Venture Tier 1 Company
Further to the Company's press release dated June 10, 2014, effective at the opening, Friday, June 13, 2014, trading in the shares of the Company will be suspended for failure to maintain Exchange requirements, the Company having less than 3 Directors.
In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 1 or Tier 2 company. Therefore, effective Friday, June 13, 2014, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 1 to NEX, and the Filing and Service Office will change from Calgary to NEX.
As of June 13, 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 PVI to PVI.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.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
________________________________________
RUSSELL BREWERIES INC. ("RB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 12, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 20, 2014:
| Number of Shares: |
8,333,333 shares |
|
| Purchase Price: |
$0.06 per share |
|
| Number of Placees: |
3 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| MPIC Fund 1, L.P. |
Y |
1,250,000 |
| Benjamin Li Yu |
Y |
1,666,666 |
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.
________________________________________
SKYHARBOUR RESOURCES LTD. ("SYH")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: June 12, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
Private Placement:
| # of Warrants: | 1,800,000 |
| Original Expiry Date of Warrants: |
June 25, 2014 |
| New Expiry Date of Warrants: |
June 25, 2016 |
| Exercise Price of Warrants: |
$0.125 |
These warrants were issued pursuant to a private placement of 2,000,000 shares with 2,000,000 share purchase warrants attached, which was accepted for filing by the Exchange effective June 22, 2011.
________________________________________
WHITE METAL RESOURCES CORP. ("WHM")
[formerly Trillium North Minerals Ltd. ("TNM")]
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Name Change and Consolidation, Private Placement-Non-Brokered, Shares for Debt, Amendment
BULLETIN DATE: June 12, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange (the 'Exchange') Bulletin dated June 3, 2014, the Exchange has accepted an amendment with respect to the number of post consolidation shares issued to 1191557 Ontario Corp ('Ontario Corp'):
Pursuant to the Agreement, the Company has acquired all of the outstanding shares of Ontario Corp. in exchange for 5,020,000 post-consolidation shares in the Company.
All other information in the Exchange bulletin dated June 3, 2014 remains the same.
Please refer to the Company's news releases dated December 23, 2013, June 2, 2014 and June 11, 2014 for further information.
________________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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