TSX Venture Exchange Daily Bulletins

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TSX Venture Exchange

Jun 25, 2014, 17:00 ET

VANCOUVER, June 25, 2014 /CNW/ -

TSX VENTURE COMPANIES:

BLACK SPRINGS CAPITAL CORP. ("BSG.H")
[formerly Black Springs Capital Corp. ("BSG.P")]
BULLETIN TYPE:  Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: June 25, 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 Thursday, June 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 Vancouver to NEX.

As of June 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 BSG.P to BSG.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 April 10, 2014, trading in the Company's securities will remain suspended.

_______________________________________

COMWEST ENTERPRISE CORP. ("CWP") ("CWP.A")
BULLETIN TYPE:  Halt
BULLETIN DATE:  June 25, 2014
TSX Venture Tier 2 Company

Effective at 5:00 a.m., PST, June 25, 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.

________________________________________

COMWEST ENTERPRISE CORP. ("CWP") ("CWP.A")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  June 25, 2014
TSX Venture Tier 2 Company

Effective at 11:00 a.m., PST, June 25, 2014, shares of the Company resumed trading, an announcement having been made.

________________________________________

ECUADOR GOLD AND COPPER CORP. ("EGX")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  June 25, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 7,546,016 shares to settle outstanding debt for $679,141.59.

Number of Creditors:                 

3 Creditors


The Company shall issue a news release when the shares are issued and the debt extinguished.

________________________________________

EUROPEAN URANIUM RESOURCES LTD ("EUU")
BULLETIN TYPE:  Property-Asset or Share Disposition Agreement
BULLETIN DATE:  June 25, 2014
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing a binding letter of intent (the "LOI") dated June 16, 2014 between European Uranium Resources Ltd. (the "Company") and Forte Energy NL ("Forte") whereby Forte will earn a 50% interest in the Company's Slovakia uranium projects. The interest will be held through ownership of 50% of the Company's currently wholly-owned subsidiaries, Ludovika Energy and Ludovika Mining which hold the mineral licenses comprising the Kuriskova and Novoveska Huta uranium projects (the "Properties").

In order for Forte to earn its 50% interest in the Properties, Forte must pay an aggregate of $500,000 cash and incur an aggregate of $3,500,000 in work expenditure commitments over a 10 year period. Forte can forfeit its 50% interest in the Properties to the Company with no further obligation any time after it has paid the Company $500,000 and funded the first year minimum work commitment of $350,000. The expenditures can be accelerated by Forte at Forte's election. If the parties each agree to sell their 50% interest to a third party, then Forte will pay EUU the difference between $3,500,000 and expenditures made to date.

The transaction is arms-length.

Further information can be found in the Company's news release dated June 16, 2014.

________________________________________

FOCUS GRAPHITE INC. ("FMS")
BULLETIN TYPE:  Halt
BULLETIN DATE:  June 25, 2014
TSX Venture Tier 2 Company

Effective at 6:42 a.m., PST, June 25, 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.

________________________________________

FOCUS GRAPHITE INC. ("FMS")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  June 25, 2014
TSX Venture Tier 2 Company

Effective at 8:45 a.m., PST, June 25, 2014, shares of the Company resumed trading, an announcement having been made.

________________________________________

HIGHLAND COPPER COMPANY INC. ("HI")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement, Private Placement-Non-Brokered
BULLETIN DATE:  June 25, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a share purchase agreement (the "Agreement") between Highland Copper Company Inc. (the "Company") and Orvana Minerals Corp. ("Orvana") and a first amendment to share purchase agreement dated May 30, 2014 (the "Amended Agreement") between the Company, Upper Peninsula Copper Holdings Inc. and Orvana whereby the Company has acquired all of the issued and outstanding shares in Orvana Resources US Corp. ("Orvana US"), a wholly owned subsidiary or Orvana. Orvana US is the registered and recorded holder of a 100% interest in, or has a 100% beneficial interest in, Leases and Options to Lease and Surface Rights Agreements for the Copperwood Project, Michigan (the "Property").

In order to acquire the Property, the Company will pay a total of up to US$25,000,000 cash as follows:

  1. US$13,000,000 in cash at closing.
  2. A secured promissory note (the "Note") whereby the Company will pay Orvana US$7,000,000 in cash by December 15, 2014. The principal amount shall bear interest at a rate of 13.5% per annum from the date of issuance of the Note until September 30, 2014, and at the rate of 17.5% following September 30, 2014.
  3. US$1,250,000 on the earlier of: (i) commencement of commercial production; or (ii) 36 months from the closing date.
  4. US$1,250,000 on first anniversary of the above payment.
  5. US$1,250,000 if the average price for the trading days in any 60 calendar day period between the first anniversary and the second anniversary of the commencement of commercial production is greater than US$4.25/lb.
  6. US$1,250,000 if the average price for the trading days in any 60 calendar day period between the second anniversary and the third anniversary of the commencement of commercial production is greater than US$4.50/lb.

Orvana may elect to take some or all of the US$5,000,000 in consideration in shares of the Company. The Company will have to apply to the Exchange at the time for approval for the issuance of any such consideration.

Further information may be found in the Company's news releases dated February 11, 2014, May 29, 2014, and June 17, 2014.

Private Placement:

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 18, 2014:

Number of Shares:                                         

41,622,200 shares



Purchase Price:                                             

$0.50 per share



Number of Placees:                                        

81 placees



Insider / Pro Group Participation:


Insider=Y /


Name                                                              

ProGroup=P                                                                           

# of Shares

John Johnson                                                 

Y                                                                                               

1,000,000

Stonebridge Capital Inc.                                 

Y                                                                                                 

100,000

Carole Plante                                                 

Y                                                                                                    

30,000

Alain Krushnisky                                            

Y                                                                                                    

30,000

James Crombie                                              

Y                                                                                                  

200,000

Laurentian Mountains



Investments Ltd.                                            

Y                                                                                                  

200,000

AMCI Eagle LLC                                             

Y                                                                                            

10,904,000*

Dundee Resources Limited                            

Y                                                                                               

2,000,000

Nassau Capital Management



Partners Inc.                                                   

Y                                                                                               

1,625,800

Aggregate Pro Group



Involvement [10 placees]                               

P                                                                                                 

620,000

*1,304,000 shares are held in escrow




Finders' Fees:                                               

$86,310 payable to Jennings Capital Inc.

$275,000 payable to Haywood Securities Inc.

$50,000 payable to Dundee Securities Ltd.

$225,000 payable to MacDougall, MacDougall & MacTier Inc.

$25,000 payable to Scarsdale Equities LLC



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.

________________________________________

HINTERLAND METALS INC. ("HMI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 25, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement:

Number of Shares:                                    

4,500,000 flow-through common shares





Purchase Price:                                        

$0.05 per flow-through common share



Number of Placees:                                   

20 placees



Insider / Pro Group Participation:





Insider = Y /                                                                                              Number
Name                                                         Pro Group = P                                                                                       of Shares



Greg Fekete                                              Y                                                                                                              200,000
Ingrid Martin                                               Y                                                                                                             140,000
Aggregate Pro Group

Involvement [1 Placee]                                P                                                                                                             300,000



Finders:                                                     

Cannacord Genuity Corp., CIBC Wood Gundy and BMO Nesbitt Burns



Finders' Fees:                                           

An aggregate of $15,050 in cash.



The Company has confirmed the closing of the above-mentioned Private Placement by way of press releases dated May 27, 2014 and June 13, 2014.

LES MÉTAUX HINTERLAND INC. (« HMI »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 25 juin 2014
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt de la documentation relativement à un placement privé sans l'entremise d'un courtier :

Nombre d'actions :                               

4 500 000 actions ordinaires accréditives



Prix :                                                  

0,05 $ par action ordinaire accréditive



Nombre de souscripteurs :                    

20 souscripteurs



Participation Initié / Groupe Pro :





Initié = Y /                                                                                          

 Nombre
Nom                                                    Groupe Pro = P                                                                                  d'actions



Greg Fekete                                         Y                                                                                                       200 000
Ingrid Martin                                         Y                                                                                                        140 000
Souscription totale du Groupe

Pro [1 souscripteur]                              P                                                                                                        300 000



Intermédiaires :                                    

Cannacord Genuity Corp., CIBC Wood Gundy et BMO Nesbitt Burns



Honoraires d'Intermédiation :                 

Un total de 15 050 $ en espèces.



La société a confirmé la clôture du placement privé précité par voie de communiqués de presse datés des    27 mai 2014 et 13 juin 2014.

_____________________________________

JEMI FIBRE CORP. ("JFI")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  June 25, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to the acquisition of approximately 17,550 hectares of land located within the Regional District of East Kootenay, British Columbia for a cash purchase price of $15 million pursuant to an Agreement of Purchase and Sale dated April 24, 2014 between the Company and Tembec Industries Inc.

Insider / Pro Group Participation: - N/A

________________________________________

LONESTAR WEST INC. ("LSI")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  June 25, 2014
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation pertaining to an Asset Purchase Agreement (the "Agreement") dated June 20, 2014, between Lonestar West Inc. (the "Company") and an arm's-length party (the "Vendor"), whereby the Company has acquired certain assets of Vamp Oilfield Services Inc. – a Saskatchewan based company that provides oil and gas service solutions.

As consideration for the acquired assets, the Company has made a cash payment of $5,522,000, issued an aggregate of $2,250,000 in non-interest bearing promissory notes (subject to certain performance thresholds being met) and issued 543,478 common shares of the Company at a deemed value of $3.68 per share.

For further information, please refer to the Company's news release dated June 20, 2014.

____________________________________

NWEST ENERGY CORP. ("NWN")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  June 25, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 2, 2014 and June 12, 2014:

Number of Shares:                               

4,704,114 shares



Purchase Price:                                   

$0.06 per share



Warrants:                                            

4,704,114 share purchase warrants to purchase 4,704,114 shares



Warrant Exercise Price:                       

$0.10 for a two year period



Number of Placees:                              

20 placees



Insider / Pro Group Participation:


Insider=Y /


Name                                                 

ProGroup=P                                                                                     

# of Shares

Manewagi Technologies Inc.



(W. Fleming)                                      

Y                                                                                                          

83,333

John St. Capital Inc. (J. Megann)          

Y                                                                                                          

333,333

Aggregate Pro Group



Involvement [2 placees]                       

P                                                                                                          

650,000



Finder's Fee:                                       

$7,020 and 117,000 finder's warrants payable to PI Financial 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.

________________________________________

PURE GOLD MINING INC. ("LGF")
[formerly Laurentian Goldfields Ltd. ("LGF")]
BULLETIN TYPE:  Name Change
BULLETIN DATE:  June 25, 2014
TSX Venture Tier 2 Company

Pursuant to a resolution passed by directors May 29, 2014, the Company has changed its name as follows.  There is no consolidation of capital.

Effective at the opening on Thursday, June 26, 2014, the common shares of Pure Gold Mining Inc. will commence trading on TSX Venture Exchange, and the common shares of Laurentian Goldfields Ltd. will be delisted.  The Company is classified as a 'Mineral Exploration and Development' company.

Capitalization:                                     

Unlimited  

shares with no par value of which

96,667,075  

shares are issued and outstanding

Escrow:                                                        

nil  

shares



Transfer Agent:                                       

Computershare Investor Services Inc.

Trading Symbol:                                      

LGF                     

(UNCHANGED)

CUSIP Number:                                      

74624E100           

(new)



________________________________________

TANQUERAY EXPLORATION LTD. ("TQY")
BULLETIN TYPE:  Halt
BULLETIN DATE:  June 25, 2014
TSX Venture Tier 2 Company

Effective at 5:00 a.m., PST, June 25, 2014, trading in the shares of the Company was halted pending review of Fundamental Acquisition.  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.

________________________________________

TRIBUTE PHARMACEUTICALS CANADA INC. ("TRX")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  June 25, 2014
TSX Venture Tier 2 Company

Effective at 5:00 a.m., PST, June 25, 2014, shares of the Company resumed trading, an announcement having been made.

________________________________________

TRIBUTE PHARMACEUTICALS CANADA INC. ("TRX")
BULLETIN TYPE:  Halt
BULLETIN DATE:  June 25, 2014
TSX Venture Tier 2 Company

Effective at 6:02 a.m., PST, June 25, 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.

________________________________________

TRIBUTE PHARMACEUTICALS CANADA INC. ("TRX")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  June 25, 2014
TSX Venture Tier 2 Company

Effective at 7:45 a.m., PST, June 25, 2014, shares of the Company resumed trading, an announcement having been made.

________________________________________

ULTRA LITHIUM INC. ("ULI")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE:  June 25, 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:                                                     

20,000,000

Original Expiry Dates of Warrants:                        

July 9, 2014 (10,000,000 warrants)

September 10, 2014 (10,000,000 warrants)        

New Expiry Dates of Warrants                             

July 9, 2017

September 10, 2017:   

Exercise Price of Warrants:                                 

$0.10


These warrants were issued pursuant to a private placement of 20,000,000 shares with 20,000,000 share purchase warrants attached, which was accepted for filing by the Exchange effective September 13, 2012.

________________________________________

VALHALLA RESOURCES LTD. ("VH")
BULLETIN TYPE:  Suspend-Failure to Maintain a Transfer Agent
BULLETIN DATE: June 25, 2014
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange Bulletin dated June 13, 2014, effective at the opening on Thursday, June 26, 2014, trading in the shares of the Company will be suspended, the Company having failed to maintain the services of a transfer agent in accordance with Policy 3.1.

Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.

_______________________________________

WELLGREEN PLATINUM LTD. ("WG")
BULLETIN TYPE:  Prospectus-Share Offering
BULLETIN DATE:  June 25, 2014
TSX Venture Tier 1 Company

Prospectus-Share Offering:

Effective May 12, 2014, Wellgreen Platinum Ltd.'s (the 'Company') short form base shelf prospectus (the 'Prospectus') dated May 12, 2014, was filed with and accepted by the TSX Venture Exchange, and filed with and receipted by the British Columbia and Ontario Securities Commissions, pursuant to the provisions of the British Columbia and Ontario Securities Acts.

The Prospectus was also filed under Multilateral Instrument 11-102 Passport System in Alberta and Manitoba.  A receipt for the Prospectus is deemed to be issued by the regulator in each of these jurisdictions listed above, if the conditions of the Instrument have been satisfied.  A prospectus supplement (the 'Prospectus Supplement') was filed by the Company on June 13, 2014.

The TSX Venture Exchange has been advised that closing of the prospectus offering (the 'Offering') occurred on June 24, 2014, for aggregate gross proceeds of $6,900,172.  The over-allotment option (the 'Over-Allotment Option') granted by the Company to the Underwriters (as defined below) was exercised in full by the Underwriters.

Pursuant to the Offering, 10,615,650 units of the Company (the 'Units') were issued at a price of $0.65 per Unit.  Each Unit consists of one common share (a 'Share') and one common share purchase warrant (a 'Warrant').  Each Warrant entitles the holder to acquire one Share of the Company at a price of $0.90 for a period of 24 months following the closing date. In the event that the Company's shares trade at a closing price of greater than $1.35 per share for a period of 10 consecutive trading days, the Company may accelerate the expiry date of the Warrants by giving notice to the holders thereof and, in such case, the Warrants will expire on the 30th day after the date on which such notice is given by the Company.

Please refer to the Prospectus Supplement and the news release issued on June 24, 2014, for further information.

Agents:                           

Dundee Securities Ltd., Edgecrest Capital Corporation, Haywood Securities Inc., and Mackie Research Capital Corporation (collectively, the 'Underwriters')


Offering:                          

10,615,650 Shares and 10,615,650 Warrants


Unit Price:                       

$0.65 per Unit


Agents Fee:                    

The Underwriters received a cash commission equal to (i) 6% of the aggregate gross proceeds received from the sale of the Units (including on the exercise of the Over-Allotment Option, but excluding the proceeds received from the sale of the Units pursuant to president's list allocations), and (ii) 2% of the aggregate gross proceeds received from the sale of the Units to Canadian residents who formed part of the president's list (including on the exercise of the Over-Allotment Option to Canadian residents who formed part of the president's list), and that number of compensation options equal to 4.5% of the number of Units sold (excluding to president's list purchasers).  Each compensation option will be exercisable into one Unit of the Company until June 24, 2016 at a price equal to the Offering price.


________________________________________

WOLFEYE RESOURCE CORP. ("WEY")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  June 25, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 23, 2014:

Number of Shares:                               

6,005,000 shares



Purchase Price:                                   

$0.06 per share



Warrants:                                            

6,005,000 share purchase warrants to purchase 6,005,000 shares



Warrant Exercise Price:                       

$0.08 for a five year period



Number of Placees:                              

11 placees



Insider / Pro Group Participation:





Insider=Y /


Name                                                  

ProGroup=P                                                                                 

# of Shares

Blackhawk Resource Corp.



(Dave Antony)                                     

Y                                                                                                   

1,000,000

Nizar Bharmal                                      

Y                                                                                                    

400,000

Peter Christopher                                 

Y                                                                                                  

1,000,000



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.

________________________________________

NEX COMPANY:

BLACK SPARROW CAPITAL CORP. ("BLC.H")
BULLETIN TYPE:  Halt
BULLETIN DATE:  June 25, 2014
NEX Company

Effective at 5:00 a.m., PST, June 25, 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.

________________________________________

SOURCE: TSX Venture Exchange

Market Information Services at 1-888-873-8392, or email: [email protected]

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