VANCOUVER, June 18, 2014 /CNW/ -
TSX VENTURE COMPANIES:
ANGLO SWISS RESOURCES INC. ("ASW")
BULLETIN TYPE: Halt, Correction
BULLETIN DATE: June 18, 2014
TSX Venture Tier 2 Company
Further to the bulletin dated June 17, 2014, it should have read "effective at 11:15 a.m., PST, June 17, 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
________________________________________
ASTON BAY HOLDINGS INC. ("BAY")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 18, 2014
TSX Venture Tier 2 Company
Effective at 6:30 a.m., PST, June 18, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
BLACKHEATH RESOURCES INC. ("BHR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 18, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 22, 2014:
| Number of Shares: |
5,200,000 shares |
||||
| Purchase Price: |
$0.25 per share |
||||
| Warrants: |
2,600,000 share purchase warrants to purchase 2,600,000 shares |
||||
| Warrant Exercise Price: |
$0.35 for a two year period |
||||
| Number of Placees: |
14 placees |
||||
| Insider / Pro Group Participation: |
|||||
| Insider=Y / |
|||||
| Name | ProGroup=P |
# of Shares |
|||
| James Robertson |
Y |
30,000 |
|||
| Finders' Fees: |
$1,855 cash and 7,420 units payable to Jordan Capital Markets Inc. |
||||
| $24,500 cash and 98,000 units payable to Canaccord Genuity Corp. |
|||||
| $54,250 cash and 217,000 warrants payable to Douglas Billings |
|||||
| - Each finder's fee unit consists of one common share and one |
|||||
| non-transferable warrant with each warrant exercisable at $0.35 |
|||||
| per share for two years. |
|||||
| - Finder's fee warrants 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.
________________________________________
CANADIAN OIL RECOVERY & REMEDIATION ENTERPRISES LTD. ("CVR")
BULLETIN TYPE: Halt
BULLETIN DATE: June 18, 2014
TSX Venture Tier 1 Company
Effective at 5:00 a.m., PST, June 18, 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.
________________________________________
CAVAN VENTURES INC. ("CVN")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: June 18, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an amending agreement dated June 6, 2014 between Cavan Ventures Inc. (the "Company") and Ken Smith (the "Vendor"), whereby the Option Agreement dated March 30, 2012 (the "Original Agreement) regarding the Buckingham property located in Buckingham township, Quebec, has been amended. According to the Original Agreement, the Company was to pay the Vendor $30,000 and issue 400,000 shares to the Vendor on or before the two-year anniversary of the approval date; pursuant to the amending agreement; the Company shall issue to the Vendor 750,000 shares in satisfaction of the obligations in the second year.
________________________________________
COPPER NORTH MINING CORP. ("COL")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 18, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 6,860,000 shares at a deemed value of $0.05 per share to settle outstanding debt for $343,000.
| Number of Creditors: |
1 Creditor |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor | Progroup=P |
Owing |
per Share |
# of Shares |
| Dale Corman |
Y |
$343,000 |
$0.05 |
6,860,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
EDGEFRONT REAL ESTATE INVESTMENT TRUST ("ED.UN")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: June 18, 2014
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
| Dividend per Trust Unit: |
$0.01333 |
| Payable Date: |
July 15, 2014 |
| Record Date: |
June 30, 2014 |
| Ex-Dividend Date: |
June 26, 2014 |
________________________________________
ELCORA RESOURCES CORP. ("ERA")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 18, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a subscription agreement dated January 31, 2014 (the "Agreement") pursuant to which Elcora Resources Corp. (the "Company") will acquire 443,136 shares of Global Resources Investment Trust plc ("GRIT") at a deemed price of £1.00 per share, an investment trust registered in England and Wales listed on the London Stock Exchange's main market, in exchange for 4,200,000 common shares of the Company at a price of Cdn$0.19 per share.
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name | ProGroup=P |
# of Shares |
| GRIT |
Y |
4,200,000 |
A finder's fee, representing 7% of the actual net cash proceeds from the sale of the GIT shares is payable to PRC Partners Ltd. in connection with the Agreement.
For further information please read the Company's news releases dated January 28, 2014 and March 10, 2014, available on SEDAR.
________________________________________
GREAT PRAIRIE ENERGY SERVICES INC. ("GPE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 18, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pursuant to an Asset Purchase Agreement dated May 5, 2014 (the "Agreement"), between the Company and Calmena Energy Services Inc., an arm's length public company, and its private operating subsidiary, Calmena Energy Services Operating Limited (collectively, the "Vendors"). Pursuant to the Agreement, the Company has agreed to acquire from the Vendors their hauling, equipment rentals and frac fluids management business located in Alberta, British Columbia and Saskatchewan. In consideration, the Company will pay $10,000,000 in cash to the Vendors.
Insider / Pro Group Participation: None
For further information, please see the Company's press release dated May 15, 2014.
________________________________________
KINCORA COPPER LIMITED ("KCC")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 18, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 133,333 shares to settle outstanding debt for $8,000.
| Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
LUCKY STRIKE RESOURCES LTD. ("LKY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 18, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the Second and Final Tranche of a Non-Brokered Private Placement announced May 6, 2014:
| Number of Shares: |
840,000 shares |
|
| Purchase Price: |
$0.05 per share |
|
| Warrants: |
840,000 share purchase warrants to purchase 840,000 shares |
|
| Warrant Exercise Price: |
$0.10 for a two year period, subject to an acceleration clause |
|
| Number of Placees: |
3 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name | ProGroup=P |
# of Shares |
| The Timeless Uranium Fund |
||
| SICAV (Peter Zuhlmann) |
Y |
640,000 |
| Finders' Fees: |
Marino Pieterse - $2,560 cash payable. |
|
| All Group Financial Services - $800 cash and 16,000 broker |
||
| warrants payable. Each broker warrant is exercisable into one |
||
| common share at $0.10 for 24 months from closing. |
||
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.]
________________________________________
MANICOUAGAN MINERALS INC. ("MAM")
BULLETIN TYPE: Delist
BULLETIN DATE: June 18, 2014
TSX Venture Tier 2 Company
Effective at the close of business on Wednesday, June 18, 2014, the common shares of Manicouagan Minerals Inc. will be delisted from TSX Venture Exchange at the request of the Company.
The common shares of the Murchison Minerals Ltd. (the resulting issuer of a business combination between Manicouagan Minerals Inc. and Flemish Gold Corp.) will be admitted to trading on the Canadian Securities Exchange under the symbol "MUR" at the opening of business on Thursday, June 19, 2014.
________________________________________
MAPLE LEAF RESOURCES CORP. ("MPL.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: June 18, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated June 10, 2014, effective at 5:00 a.m., June 18, 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.
________________________________________
METALLIS RESOURCES INC. ("MTS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 18, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a property purchase agreement dated June 11, 2014 between Metallis Resources Inc. (the 'Company') and John Bot (the 'Vendor') whereby the Company may acquire a 100% interest in two mineral claims (Achilles and King Creek, 53.59 hectares) located within the Company's Kirkham Property, 65 kilometers north of Stewart, BC. Consideration is $2,000 cash and 25,000 common shares.
________________________________________
MONARCH ENERGY LIMITED ("MNL")
BULLETIN TYPE: Delist, Remain halted
BULLETIN DATE: June 18, 2014
TSX Venture Tier 2 Company
Effective at the close of business, Friday, June 27, 2014, the common shares will be delisted from TSX Venture Exchange at the request of the majority of the minority of shareholders of the Company.
Until delisting, trading in the shares of the Company will remain halted.
________________________________________
MORUMBI RESOURCES INC. ("MOC")
BULLETIN TYPE: Consolidation
BULLETIN DATE: June 18, 2014
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders June 6, 2014, the Company has consolidated its capital on a (3) three old for (1) one new basis. The name of the Company has not been changed.
Effective at the opening on Thursday, June 19, 2014, the common shares of Morumbi Resources Inc. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mining Exploration' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 14,841,636 |
shares are issued and outstanding |
|
| Escrow |
0 |
shares |
| Transfer Agent: |
Olympia Trust Company |
|
| Trading Symbol: |
MOC |
(UNCHANGED) |
| CUSIP Number: |
61945F205 |
(new) |
________________________________________
PANORAMA PETROLEUM INC. ("PPA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 18, 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: |
10,348,933 shares |
|
| Purchase Price: |
$0.15 per share |
|
| Warrants: |
10,348,933 share purchase warrants to purchase 10,348,933 shares |
|
| Warrant Exercise Price: |
$0.25 for a six month period |
|
| Number of Placees: |
66 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name | ProGroup=P |
# of Shares |
| Aggregate Pro Group Involvement |
||
| [8 placees] |
P |
1,590,000 |
| Finders' Fees: |
Jordan Capital Inc. - $46,959.00 and 313,060 Warrants that are |
|
| exercisable into common shares at $0.25 per share to |
||
| December 16, 2014. |
||
| Energy Resource Partners Inc. (John Robert Gordon Cheney) |
||
| - $45,300.00 |
||
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.
________________________________________
PARK LAWN CORPORATION ("PLC")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: June 18, 2014
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
| Dividend per Common Share: |
$0.038 |
| Payable Date: |
July 15, 2014 |
| Record Date: |
June 30, 2014 |
| Ex-Dividend Date: |
June 26, 2014 |
________________________________________
STARLIGHT U.S. MULTI-FAMILY CORE FUND ("UMF.A") ("UMF.U")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: June 18, 2014
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
| Distribution per Class A: |
CDN$0.05833 |
| Payable Date: |
July 15, 2014 |
| Record Date: |
June 30, 2014 |
| Ex-Dividend Date: |
June 26, 2014 |
| Distribution per Class U: |
US$0.05833 |
| Payable Date: |
July 15, 2014 |
| Record Date: |
June 30, 2014 |
| Ex-Dividend Date: |
June 26, 2014 |
________________________________________
STARLIGHT U.S. MULTI-FAMILY (NO.2) CORE FUND ("SUD.A") ("SUD.U")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: June 18, 2014
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
| Distribution per Class A: |
CDN$0.05833 |
| Payable Date: |
July 15, 2014 |
| Record Date: |
June 30, 2014 |
| Ex-Dividend Date: |
June 26, 2014 |
| Distribution per Class U: |
US$0.05833 |
| Payable Date: |
July 15, 2014 |
| Record Date: |
June 30, 2014 |
| Ex-Dividend Date: |
June 26, 2014 |
________________________________________
NEX COMPANIES:
CINAPORT ACQUISITION CORP. ("CPQ.H")
BULLETIN TYPE: Halt
BULLETIN DATE: June 18, 2014
NEX Company
Effective at 8:49 a.m., PST, June 18, 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.
________________________________________
CONSOLIDATED WESTVIEW RESOURCE CORP. ("CWS.H")
BULLETIN TYPE: Consolidation
BULLETIN DATE: June 18, 2014
NEX Company
Pursuant to a resolution passed by the directors on May 7, 2014, the Company has consolidated its capital on a six (6) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening on Thursday, June 19, 2014, the common shares of Consolidated Westview Resource Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mining (Non-Oil & Gas) Exploration / Development' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 2,557,174 |
shares are issued and outstanding |
|
| Escrow |
nil |
shares |
| Transfer Agent: |
Computershare Investor Services Inc. |
|
| Trading Symbol: |
CWS.H |
(UNCHANGED) |
| CUSIP Number: |
209948207 |
(new) |
________________________________________
WELLSTAR ENERGY CORP. ("WSE")
[formerly Wellstar Energy Corp. ("WSE.H")]
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s, Shares for Debt, Graduation from NEX to TSX Venture, Symbol Change
BULLETIN DATE: June 18, 2014
NEX Company
Private Placement-Non-Brokered
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 17, 2014:
| Number of Shares: |
3,140,400 shares |
|
| Purchase Price: |
$0.15 per share |
|
| Warrants: |
1,570,200 share purchase warrants to purchase 1,570,200 shares |
|
| Warrant Exercise Price: |
$0.25 for a two year period |
|
| Number of Placees: |
16 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aggregate Pro Group Involvement |
||
| [4 placees] |
P |
966,700 |
| Finder's Fee: |
$9,420.30 and 62,802 finder's warrants payable to PI Financial Corp. |
|
| $37,650.50 payable to Opus 3 Capital Corp. |
||
| $3,825 payable to Timothy Kenny |
||
| $540 payable to Peter Holt. |
||
Private Placement-Non-Brokered, Convertible Debenture/s
TSX Venture Exchange has also accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 17, 2014:
| Convertible Debenture: |
$591,000 |
|
| Conversion Price: |
Convertible into units consisting of one common share and |
|
| one-half of one common share purchase warrant at $0.18 |
||
| of principal outstanding. |
||
| Maturity date: |
Five years from closing |
|
| Warrants |
Each whole 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. The warrants are exercisable at the price |
||
| of $0.25 per share. |
||
| Interest rate: |
9% |
|
| Number of Placees: |
5 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
$ of Debentures |
| Hutch Capital Corp. (A.Rees) |
Y |
$350,000 |
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.
Shares for Debt
Additionally, the TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,660,811 shares to settle outstanding debt for $249,121.73.
| Number of Creditors: |
4 Creditors |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor | Progroup=P |
Owing |
per Share |
# of Shares |
| Standard Drilling & Engineering |
||||
| (F.Callaghan) |
Y |
$111,656.11 |
$0.15 |
744,374 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
Graduation from NEX to TSX Venture, Symbol Change
In conjunction with the above, and pursuant to the recent transaction undertaken while on NEX, the Company has met the requirements to be listed as a TSX Venture Tier 2 Company. Therefore, effective on Thursday, June 19, 2014, the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to Vancouver.
Refer to the Exchange's bulletin dated January 17, 2014 and the Company's news releases dated January 16, 2014 and June 18, 2014, for further information.
Effective at the opening, on Thursday, June 19, 2014, the trading symbol for the Company will change from WSE.H to WSE. The Company is now classified as an 'Oil and Gas' company.
| Capitalization: |
Unlimited |
shares with no par value of which |
| 16,137,768 |
shares are issued and outstanding |
|
| Escrow: |
Nil |
shares |
| Company Contact: |
Andrew H. Rees |
|
| Company Address: |
610-1100 Melville Street |
|
| Vancouver, British Columbia |
||
| V6E 4A6 |
||
| Company Phone Number: |
604-669-6463 |
|
| Company Fax Number: |
604-669-3041 |
|
| Company Email Address: |
[email protected] | |
________________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
Share this article