VANCOUVER, June 20, 2014 /CNW/ -
TSX VENTURE COMPANIES:
ARCTIC HUNTER ENERGY INC. ("AHU")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 20, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Farmout and Participation Agreement dated May 23, 2014 between the Company and Petrocapita Oil and Gas L.P. ("Petrocapita") whereby the Company will participate with Petrocapita to spud one test well near Lloydminster, Alberta by July 1, 2014. The Company will pay 50% of Petrocapita's cost (anticipated to be $500,000) to drill, complete and equip or abandon the test well to earn a 30% net interest. Petrocapita will be the operator.
________________________________________
CENO ENERGY LTD. ("CUX")
[formerly Sundance Energy Corporation ("SNY")]
BULLETIN TYPE: Reverse Takeover-Completed, Private Placement-Non-Brokered, Name Change, Company Tier Reclassification, Resume Trading
BULLETIN DATE: June 20, 2014
TSX Venture Tier 2 Company
The common shares of Sundance Energy Corporation's (the "Company" or "Sundance") have been halted from trading at the Company's request since June 19, 2014, pending news.
1. Reverse Takeover-Completed:
The TSX Venture Exchange has accepted for filing Sundance's Reverse Takeover ('RTO'), which includes the following:
The RTO consists of the arm's length business combination between Sundance and Ceno Energy Ltd. ("Ceno") (the "Amalgamation") pursuant to an Amalgamation Agreement dated May 12, 2014. A total of 25,000,000 shares at a deemed price of $0.46 per share were issued to former Ceno shareholders for an aggregate deemed consideration of $11,500,000.
For further information on the RTO, please refer to Sundance's information circular dated May 15, 2014 available on SEDAR.
The Exchange has been advised that the above transaction, approved by shareholders on June 13, 2014, has been completed.
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| Zhouliang (Nick) Zhang |
Y |
1,576,800 |
| Jeffrey Standen |
Y |
149,247 |
| Robert Gillies |
Y |
1,282 |
| Feng Jin |
Y |
641,120 |
| Fang Chen |
Y |
1,141,887 |
| Hai Zhou |
Y |
22,358,878 |
2. Private Placement-Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on May 16, 2014:
| Number of Shares: |
21,717,758 shares |
||
| Purchase Price: |
$0.46 per share |
||
| Number of Placees: |
1 placee |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / |
|||
| Name | ProGroup=P |
# of Shares |
|
| Weiyi Investment Ltd. (Hai Zhou) |
Y |
21,717,758 |
|
| Finder's Fee: |
$500,000 cash payable to Yilong Wu |
||
3. Name Change:
Pursuant to a resolution passed by shareholders on June 13, 2014, the Company has changed its name to Ceno Energy Ltd. There is no consolidation of capital.
Effective at the opening on Monday, June 23, 2014, the common shares of Ceno Energy Ltd. will commence trading on TSX Venture Exchange, and the common shares of Sundance Energy Corporation will be delisted. The Company is classified as an ''Oil and Gas" company.
| Capitalization: |
Unlimited |
shares with no par value of which |
| 50,000,000 |
shares are issued and outstanding |
|
| Escrow: |
25,869,214 |
shares |
| 4,650,000 |
options |
|
| Escrow term: |
18 |
month |
| Transfer Agent: |
Olympic Trust Company |
|
| Trading Symbol: |
CUX |
(new) |
| CUSIP Number: |
15137B 10 9 |
(new) |
4. Company Tier Classification:
In accordance with Policy 2.5, the Company has met the requirements for a Tier 1 company. Therefore, effective Monday, June 23, 2014, the Company's Tier classification will change from Tier 2 to:
Classification
| Tier 1 |
|
| Company Contact: |
Jeffrey Standen, President & Corporate Secretary |
| Company Address: |
Suite 500, 940 – 6th Avenue S.W. |
| Calgary, AB T2P 3T1 |
|
| Company Phone Number: |
403-699-9668 |
| Company Fax Number: |
403-699-9660 |
| Company Email Address: |
Effective at the open, Monday, June 23, 2014, trading in the shares of the Company will resume.
________________________________________
DIGITAL SHELF SPACE CORP. ("DSS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 20, 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:
| Number of Shares: |
733,334 shares |
| Purchase Price: |
$0.15 per share |
| 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.
________________________________________
DV RESOURCES LTD. ("DLV")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: June 20, 2014
TSX Venture Tier 2 Company
The TSX Venture Exchange Inc. (the "Exchange") has accepted documentation in connection with a Sales Agreement dated April 22, 2014 between DV Resources Ltd. ("DV") and 972879 Alberta Ltd. ("Altaco") (the "Oil Sands Sales Agreement") pursuant to which DV agreed to sell to Altaco, for $70,000 cash, DV's 50% interest in 25 Alberta Oil Sands leases.
The Exchange has been advised that the Oil Sands Sales Agreement received the approval of disinterested shareholders of DV at a special and annual general meeting of shareholders held on June 11, 2014.
Insider / Pro Group Participation: Douglas Proctor is a director of DV and Altaco. The Estate of W. Frederick Christensen owns, or directly or indirectly controls, approximately 90% of the shares of DV and owns Altaco.
For further information please see DV's Information Circular dated May 5, 2014 which is available under DV's profile on SEDAR.
________________________________________
FAIRMONT RESOURCES INC. ("FMR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 20, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 16, 2014:
| Number of Shares: |
1,291,667 shares |
|
| Purchase Price: |
$0.15 per share |
|
| Warrants: |
645,833 share purchase warrants to purchase 645,833 shares |
|
| Warrant Exercise Price: |
$0.25 for a one year period |
|
| Number of Placees: |
7 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / | Insider=Y / | |
| Name | ProGroup=P | # of Shares |
| Greg Ball |
Y |
60,000 |
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.
________________________________________
GOLDEN VIRTUE RESOURCES INC. ("GVR")
BULLETIN TYPE: Consolidation; Correction
BULLETIN DATE: June 20, 2014
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated June 5, 2014, the following information is corrected:
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 1,968,710 | shares are issued and outstanding |
|
| Escrow |
Nil |
shares |
________________________________________
GOLD FINDER EXPLORATIONS LTD. ("GFN")
BULLETIN TYPE: Halt
BULLETIN DATE: June 20, 2014
TSX Venture Tier 2 Company
Effective at 9:04 a.m. PST, June 20, 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.
________________________________________
GREAT ATLANTIC RESOURCES CORP. ("GR")
BULLETIN TYPE: Consolidation
BULLETIN DATE: June 20, 2014
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders August 30, 2013, the Company has consolidated its capital on a (20) twenty old for (1) one new basis. The name of the Company has not been changed.
Effective at the opening, Tuesday, June 24, 2014, the common shares of Great Atlantic Resources Corp. 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 |
|
| 3,003,502 |
shares are issued and outstanding |
||
| Escrow |
nil |
shares |
|
| Transfer Agent: |
Computershare Trust Company of Canada |
||
| Trading Symbol: |
GR |
(UNCHANGED)
|
|
| CUSIP Number: |
390087203 |
(new) |
|
________________________________________
GREENSTAR AGRICULTURAL CORPORATION ("GRE")
BULLETIN TYPE: Company Tier Reclassification, Remain Suspended
BULLETIN DATE: June 20, 2014
TSX Venture Tier 1 Company
In accordance with Policy 2.5, the Company has not maintained the requirements for a Tier 1 company. Therefore, effective Monday, June 23, 2014, the Company's Tier classification will change from Tier 1 to:
Classification
Tier 2
Further to the TSX Venture Exchange bulletin dated June 3, 2014, trading in the securities of the Company will remain suspended.
________________________________________
GRENVILLE STRATEGIC ROYALTY CORP. ("GRC")("GRC.WT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 20, 2014
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, June 20, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
NEOVASC INC. ("NVC")
BULLETIN TYPE: Graduation
BULLETIN DATE: June 20, 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 Monday, June 23, 2014, under the symbol "NVC".
As a result of this Graduation, there will be no further trading under the symbol "NVC" on TSX Venture Exchange after the close of business on Friday, June 20, 2014, and its shares will be delisted from TSX Venture Exchange at the commencement of trading on Toronto Stock Exchange.
________________________________________
PARKIT ENTERPRISE INC. ("PKT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 20, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,842,818 shares to settle outstanding debt for $921,409.
| Number of Creditors: |
5 Creditors |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
PETROAMERICA OIL CORP. ("PTA")("PTA.WT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 20, 2014
TSX Venture Tier 2 Company
Effective at 6:30 a.m., PST, June 20, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
REPLICEL LIFE SCIENCES INC. ("RP")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: June 20, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 28, 2014 and June 16, 2014:
THIRD AND FINAL TRANCHE:
| Number of Shares: |
866,000 shares |
| Purchase Price: |
$0.75 per share |
| Warrants: |
866,000 share purchase warrants to purchase 866,000 shares |
| Warrant Exercise Price: |
$1.00 for a one year period |
| $1.25 in the second year |
|
| Number of Placees: |
2 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.
____________________________
SARAMA RESOURCES LTD. ("SWA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 20, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 12, 2014:
| Number of Shares: |
19,187,200 shares |
||
| Purchase Price: |
$0.15 per share |
||
| Warrants: |
9,593,600 share purchase warrants to purchase 9,593,600 shares |
||
| Warrant Exercise Price: |
$0.20 for a two year period |
||
| Number of Placees: |
34 placees |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / | |||
| Name |
ProGroup=P
|
# of Shares | |
| Andrew Dinning |
Y |
1,000,000 |
|
| T. Sean Harvey |
Y |
800,000 |
|
| L. Simon Jackson |
Y |
333,334 |
|
| Jack Hamilton |
Y |
330,000 |
|
| Nicholas Longmire |
Y |
66,667 |
|
| Sun Valley Gold LLC |
Y |
5,000,000 |
|
| Aggregate Pro Group Involvement |
P |
3,185,000 |
|
| [6 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. [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.]
________________________________________
SIERRA IRON ORE CORPORATION ("NAA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 20, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 11, 2014 and May 26, 2014:
| Number of Shares: |
1,666,668 shares |
||
| Purchase Price: |
$0.15 per share |
||
| Warrants: |
1,666,668 share purchase warrants to purchase 1,666,668 shares |
||
| Warrant Exercise Price: |
$0.20 for a two year period |
||
| Number of Placees: |
15 placees |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / | |||
| Name | ProGroup=P | # of Shares | |
| Wally Boguski |
Y |
100,000 |
|
| Roger Frost |
Y |
66,667 |
|
| Finder's Fee: |
Beaumor Management Ltd. (Gerald Beaulac) receives $7,000 |
||
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.]
________________________________________
SPARTAN ENERGY CORP. ("SPE")
BULLETIN TYPE: Prospectus- Share Offering
BULLETIN DATE: June 20, 2014
TSX Venture Tier 1 Company
Effective June 9, 2014, the Company's Short Form Prospectus dated June 9, 2014 was filed with and accepted by TSX Venture Exchange and filed with and receipted by the Alberta and Ontario Securities Commissions on June 9, 2014. The prospectus has been filed under Multilateral Instrument 11-102 Passport System in British Columbia, Saskatchewan, Manitoba and New Brunswick. A receipt for the prospectus is deemed to be issued by the regulator in each of those jurisdictions, if the conditions of the Instrument have been satisfied.
TSX Venture Exchange has been advised that closing occurred on June 17, 2014, for gross proceeds of $149,514,375.00.
| Agent: |
Peters & Co. Limited |
| Clarus Securities Inc. |
|
| GMP Securities L.P. |
|
| TD Securities Inc. |
|
| Dundee Securities Ltd. |
|
| Desjardins Securities Inc. |
|
| FirstEnergy Capital Corp. |
|
| AltaCorp Capital Inc. |
|
| Macquarie Capital Markets Canada Ltd. |
|
| National Bank Financial Inc. |
|
| Paradigm Capital Inc. |
|
| Scotia Capital Inc. |
|
| Offering: |
39,870,500 common shares ("Shares") |
| Share Price: |
$3.75 per Share |
| Underwriter's Commission: |
Cash commission equal to 4.5% of the gross proceeds of the Offering |
________________________________________
STRATA-X ENERGY LTD. ("SXE")
BULLETIN TYPE: Halt
BULLETIN DATE: June 20, 2014
TSX Venture Tier 2 Company
Effective at 5:35 a.m. PST, June 20, 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.
________________________________________
SUNDANCE ENERGY CORPORATION ("SNY")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: June 20, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant Purchase and Sale Agreement dated June 18, 2014 (the "Agreement") between the Company and two non-arm's length companies, Amethyst Petroleum Ltd. ("Amethyst"), controlled by Douglas Carter, a director of the Company, and Kinghorn Resources Ltd. ("Kinghorn"), controlled by Jeffrey Standen, an officer and director of the Company (Amethyst together with Kinghorn, the "Purchasers"). Pursuant to the Agreement, the Company will dispose of its interests in leases and permits comprising the Company's working in interest in approximately 17,000 contiguous acres on the Alexander First Nation Land (the "Alexander Property") and a 50% interest in a 3D seismic program on the Alexander Property to the Purchasers in consideration for: (i) the discharge of all current and future obligations on those lands, including, but not limited to, all abandonment and reclamation liabilities to a maximum of $75,000; (ii) the assumption of debt in the amount of $50,000 owed by the Company to Amethyst; and (iii) the assumption of debt in the amount of $132,302.40 owed by the Company to Kinghorn (the "Transaction").
The Exchange acknowledges that dis-interested shareholder approval for the Transaction was obtained at the Company's Annual General and Special meeting held on June 13, 2014. For further information please refer to the Company's press releases dated May 16, 2014.
________________________________________
SUROCO ENERGY INC. ("SRN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 20, 2014
TSX Venture Tier 2 Company
Effective at 6:30 a.m., PST, June 20, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
VALTERRA RESOURCE CORPORATION ("VQA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 20, 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 May 26, 2014:
| Number of Shares: |
1,000,000 shares |
| Purchase Price: |
$0.05 per share |
| Warrants: |
1,000,000 share purchase warrants to purchase 1,000,000 shares |
| Warrant Exercise Price: |
$0.05 for a three year period |
| 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. [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.]
________________________________________
WILDLAW CAPITAL CPC 2 INC. ("WLD.P ")
BULLETIN TYPE: Notice – QT Not Completed – Approaching 24 Months of Listing
BULLETIN DATE: June 20, 2014
TSX Venture Tier 2 Company
The shares of the Company were listed on TSX Venture Exchange on July 20, 2014. The Company, which is classified as a Capital Pool Company ('CPC'), is required to complete a Qualifying Transaction ('QT') within 24 months of its date of listing, in accordance with Exchange Policy 2.4.
The records of the Exchange indicate that the Company has not yet completed a QT. If the Company fails to complete a QT by its 24-month anniversary date of July 21, 2014, the Company's trading status may be changed to a halt or suspension without further notice, in accordance with Exchange Policy 2.4, Section 14.6.
________________________________________
NEX COMPANIES:
CASCADE RESOURCES LTD. ("CC.H")
BULLETIN TYPE: Consolidation
BULLETIN DATE: June 20, 2014
NEX Company
Pursuant to a resolution passed by shareholders on January 21, 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 Monday, June 23, 2014, the common shares of Cascade Resources Ltd. 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 |
| 7,858,500 |
shares are issued and outstanding |
|
| Escrow |
Nil |
shares |
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
CC.H |
(UNCHANGED)
|
| CUSIP Number: |
147350201 |
(new) |
________________________________________
EASTCOAL INC. ("ECX.H")
BULLETIN TYPE: Consolidation, Private Placement-Non-Brokered
BULLETIN DATE: June 20, 2014
NEX Company
Pursuant to an order from the Supreme Court of British Columbia on May 20, 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, Monday, June 23, 2014, the common shares of EastCoal 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 |
| 7,280,485 |
shares are issued and outstanding |
|
| Escrow |
Nil |
shares |
| Transfer Agent: |
Computershare Investor Services Inc. |
|
| Trading Symbol: |
ECX.H |
(UNCHANGED)
|
| CUSIP Number: |
276165602 |
(new) |
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 21, 2014:
| Number of Shares: |
148,800,000 shares |
||
| Purchase Price: |
$0.005 per share |
||
| Number of Placees: |
10 placees |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / | |||
| Name
|
ProGroup=P
|
# of Shares | |
| Abraham Jonker |
Y |
10,000,000 |
|
| John Conlon |
Y |
20,000,000 |
|
| Salida Strategic Growth Fund S.A.R.L. (Danny Guy) |
Y |
29,800,000 |
|
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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