VANCOUVER, July 2, 2014 /CNW/ -
TSX VENTURE COMPANIES:
BRAVURA VENTURES CORP. ("BVQ")
BULLETIN TYPE: Resume Trading, Correction
BULLETIN DATE: July 2, 2014
TSX Venture Tier 2 Company
Further to the bulletin dated effective June 5, 2014, the bulletin had the wrong year date: June 4, 2012. The rest of the bulletin is unchanged as follows:
Effective at the opening, Thursday, June 5, 2014, the common shares of Bravura Ventures Corp. (the "Company") will resume trading on the Exchange, a news release having been issued on June 3, 2014 announcing that the Company will not be proceeding with the acquisition of all of the shares of RedLion Resources Corp., which was previously announced on March 13, 2014. The transaction contemplated would have constituted a Reverse Takeover as defined under Exchange Policy 5.2.
For further information, please see the Company's news releases dated March 13, 2014 and June 3, 2014, which are available under the Company's profile on SEDAR.
________________________________________
CALICO RESOURCES CORP. ("CKB")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: July 2, 2014
TSX Venture Tier 2 Company
Further to the bulletin dated June 30, 2014, TSX Venture Exchange has accepted an amendment to the second tranche of a Non-Brokered Private Placement announced March 25, 2014 and June 19, 2014. The amendment relates to the number of shares, warrants and placees as follows. All other terms are unchanged:
| Second Tranche: |
||
| Number of Shares: |
800,000 shares |
|
| Purchase Price: |
$0.12 per share |
|
| Warrants: |
400,000 share purchase warrants to purchase 400,000 shares |
|
| Warrant Exercise Price: |
$0.15 for a one year period |
|
| Number of Placees: |
8 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Allan Williams |
Y |
100,000 |
| Aggregate Pro Group Involvement |
||
| [1 placee] |
P |
25,000 |
________________________________________
DURANGO RESOURCES INC. ("DGO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 2, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the Non-Brokered Private Placement announced May 9, 2014:
| Number of Shares: |
3,404,571 shares |
|
| Purchase Price: |
$0.07 per share |
|
| Warrants: |
3,404,571 share purchase warrants to purchase 3,404,571 shares |
|
| Warrant Exercise Price: |
$0.10 for a two year period |
|
| Number of Placees: |
17 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Veronica Liu |
Y |
101,000 |
| Steveston Finance Inc. |
||
| (Marcy Kiesman) |
Y |
508,000 |
| Syndicated Capital Corp. |
||
| (A. Salman Jamal) |
Y |
576,000 |
| Aggregate Pro Group Involvement |
||
| [1 placee] |
P |
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. 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.
________________________________________
EL NINO VENTURES INC. ("ELN")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: July 2, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,142,857 shares and 71,428 share purchase warrants to settle outstanding debt for $150,000.
| Number of Creditors: |
2 Creditors |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Pacific North West Capital Corp. |
Y |
$140,000 |
$0.07 |
2,000,000 |
| Warrants: |
71,428 share purchase warrants to purchase 71,428 shares |
|||
| Warrant Exercise Price: |
$0.14 for a one year period. If the volume weighted average trading price |
|||
| is at $0.25 or higher for 10 consecutive trading days at any time after |
||||
| four months and one day after closing the Company may, upon giving |
||||
| notice to the warrantholder, shorten the expiry date of the warrants to |
||||
| 30 days from the date of notice. |
||||
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
EMERALD BAY ENERGY INC. ("EBY")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture
BULLETIN DATE: July 2, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 5, 2014:
| Convertible Debenture: |
USD$150,000 |
| Conversion Price: |
Convertible into common shares CAD$0.05 |
| Maturity date: |
December 31, 2014 |
| Interest rate: |
12.0% |
| Number of Placees: |
1 placee |
| Insider / Pro Group Participation: |
None |
For further information please see the Company's press release dated June 5, 2014.
________________________________________
ENGAGEMENT LABS INC. ("EL")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: July 2, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 325,000 common shares at a deemed price of $0.55 per share, in consideration of certain services provided to the company pursuant to an agreement dated June 12, 2014.
| Number of Creditors: |
1 creditor |
For more information, please refer to the Company's press release dated June 26, 2014.
LABORATOIRES ENGAGEMENT INC. (« EL »)
TYPE DE BULLETIN : Émission d'actions en règlement d'une dette
DATE DU BULLETIN : Le 2 juillet 2014
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation de la société relativement à l'émission proposée de 325 000 actions ordinaires au prix réputé de 0,55 $ l'action, en considération de certains services fournis à la société en vertu d'une entente datée du 12 juin 2014.
| Nombre de créanciers : |
1 créancier |
Pour de plus amples renseignements, veuillez référer au communiqué de presse de la société daté du 26 juin 2014.
_______________________________________
ENPAR TECHNOLOGIES INC. ("ENP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 2, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 23, 2014:
| Number of Shares: |
2,800,000 common shares |
| Purchase Price: |
$0.10 per share |
| Warrants: |
1,400,000 share purchase warrants attached to purchase 1,400,000 shares |
| Warrant Exercise Price: |
$0.15 for a two year period |
| Number of Placees: |
8 placees |
| Finder's Fee: |
an aggregate of $2,400 plus 24,000 finder's warrants (each exercisable into one common share and one half share purchase warrant at a price of $0.15 for a two year period. Each whole share purchase warrant is exercisable into one common share at a price of $0.15 for a two year period) is payable to Raymond James Ltd. |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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.
________________________________________
ENTOURAGE METALS LTD. ("EMT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 2, 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 June 27, 2014:
| Number of Shares: |
3,000,000 shares |
| Purchase Price: |
$0.05 per share |
| Warrants: |
1,500,000 share purchase warrants to purchase 1,500,000 shares |
| Warrant Exercise Price: |
$0.10 for a 30 month period |
| Number of Placees: |
15 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.
________________________________________
GLOBAL COBALT CORPORATION ("GCO")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 2, 2014
TSX Venture Tier 2 Company
Effective at 9:45 a.m., PST, July 2, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
GREAT LAKES GRAPHITE INC. ("GLK")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: July 2, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 420,000 common shares to settle outstanding debt for $42,000.
| Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
INOVENT CAPITAL INC. ("IVQ.P")
BULLETIN TYPE: Remain Halted - Qualifying Transaction
BULLETIN DATE: July 2, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated June 30, 2014, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation pursuant to TSXV Policy 2.4 regarding a Qualifying Transaction.
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.
________________________________________
MIDNIGHT SUN MINING CORP. ("MMA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 2, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 27, 2014 and May 23, 2014:
| Number of Shares: |
2,700,000 shares |
|
| Purchase Price: |
$0.125 per share |
|
| Warrants: |
2,700,000 share purchase warrants to purchase 2,700,000 shares |
|
| Warrant Exercise Price: |
$0.30 for a two year period |
|
| Number of Placees: |
10 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Allan Fabbro |
Y |
800,000 |
| Richard Mazur |
Y |
180,000 |
| Finder's Fee: |
Canaccord Genuity Corp. - $5,000 and 40,000 agent's warrants |
|
| payable. |
||
| - Each agent's warrant is exercisable into one common share |
||
| at $0.30 until May 29, 2016. |
||
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.]
________________________________________
NORVISTA CAPITAL CORPORATION ("NVV")
[formerly X-Terra Resources Corporation ("XT")]
BULLETIN TYPE: Reverse Takeover-Completed, Resume Trading, Private Placement-Non-Brokered, Name Change, New Symbol
BULLETIN DATE: July 2, 2014
TSX Venture Tier 2 Company
Reverse Takeover-Completed:
Pursuant to: 1) A Share Exchange Agreement dated as of April 28, 2014, between X-Terra Resources Corporation (the "Company"), Norvista Capital Corporation ("Norvista Capital") and Norvista Resources Corporation ("Norvista Resources"); and 2) An Asset Transfer Agreement dated as of April 28, 2014 between the Company and X-Terra Resources Inc. ("New X-Terra"), the Company has:
i) Transferred substantially all of its assets, except for 2 million shares of Brownstone Energy Inc. and approximately $1.85 million in cash, and all of its liabilities to New X-Terra;
ii) Acquired all the issued and outstanding shares of Norvista Capital for 20,000,000 shares of the Company at a deemed issue price of $0.25 per share; and
iii) Completed a $2,967,500 private placement at $0.25 per share.
A total of 6,441,452 common shares issued pursuant to the transaction, of which 3,200,000 were issued to Norvista Resources, are subject to a Tier 2 Value Escrow Agreement.
The Exchange has been informed that shareholders approved the above transaction on May 27, 2014.
The Company is classified as a "Holding Companies" issuer (NAICS Number: 551113).
For more information, please refer to the Company's management information circular dated April 28, 2014 available on SEDAR.
Resume Trading:
Further to the TSX Venture Exchange bulletin dated October 3, 2013, trading in the securities of the resulting issuer will resume at the opening on Thursday, July 3, 2014.
Private Placement-Non-Brokered:
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement:
| Number of Shares: |
11,870,000 common shares |
| Purchase Price: |
$0.25 per common share |
| Number of Placees: |
15 placees |
| Finder's Fee: |
Portfolio Strategies Securities Inc. received a commission of $38,675 in cash. |
The Company has confirmed the closing of the above-mentioned Private Placement by way of a press release dated June 5, 2014.
Name Change:
Pursuant to a special resolution passed by shareholders on May 27, 2014, the name of the Company has been changed from "X-Terra Resources Corporation" to "Norvista Capital Corporation". There is no consolidation of capital.
Effective at the opening on Thursday, July 3, 2014, the common shares of Norvista Capital Corporation will commence trading on TSX Venture Exchange and the common shares of X-Terra Resources Corporation will be delisted.
| Capitalization: |
Unlimited |
number of common shares with no par value of which |
| 43,653,169 |
common shares are issued and outstanding |
|
| Escrowed Shares |
6,441,452 |
common shares |
| Transfer Agent: |
Computershare Investor Services Inc. – Montreal and Toronto |
|
| Trading Symbol: |
NVV |
(new) |
| CUSIP Number: |
668813108 |
(new) |
The Exchange has been advised that the above transactions have been completed.
| Company Contacts: |
Mr. Donald Christie, President and Chief Operating Officer |
| Company Address: |
4 King Street West, Suite 1500, Toronto, ON M5H 1B6 |
| Company Phone Number: |
416-504-4122 |
| Company Fax Number: |
416-504-4129 |
| Company e-mail address: |
[email protected] |
| Company website: |
www.norvistacapital.com |
____________________________________
PELE MOUNTAIN RESOURCES INC. ("GEM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 2, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 24, 2014:
| Number of Shares: |
700,000 shares |
| Purchase Price: |
$0.06 per share |
| Warrants: |
700,000 share purchase warrants to purchase 700,000 shares |
| Warrant Exercise Price: |
$0.12 for an eighteen month period |
| Number of Placees: |
1 placee |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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.
________________________________________
PACIFIC SAFETY PRODUCTS INC. ("PSP")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: July 2, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 111,110 common shares to settle outstanding debt for $20,000.
| Number of Creditors: |
2 Creditors |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Ken Hight |
Y |
$10,000 |
$0.18 |
55,555 |
| Fraser Campbell |
Y |
$10,000 |
$0.18 |
55,555 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
PRIMA DIAMOND CORP. ("PMD")
[formerly Prima Fluorspar Corp. ("PF")]
BULLETIN TYPE: Name Change
BULLETIN DATE: July 2, 2014
TSX Venture Tier 2 Company
Pursuant to a directors' resolution passed on June 26, 2014, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening on Thursday, July 3, 2014, the common shares of Prima Diamond Corp. will commence trading on TSX Venture Exchange, and the common shares of Prima Fluorspar Corp. will be delisted. The Company is classified as a 'Resource' company.
| Capitalization: |
Unlimited |
shares with no par value of which |
| 32,575,500 |
shares are issued and outstanding |
|
| Escrow: |
14,435,201 |
shares |
| Transfer Agent: |
Olympia Trust Company |
|
| Trading Symbol: |
PMD |
(new) |
| CUSIP Number: |
74165C109 |
(new) |
________________________________________
SENDERO MINING CORP. ("SM.WT")
BULLETIN TYPE: Warrant Expiry-Delist
BULLETIN DATE: July 2, 2014
TSX Venture Tier 2 Company
Effective at the opening, July 4, 2014, the Share Purchase Warrants of the Company will trade for cash. The Warrants expire July 9, 2014 and will therefore be delisted at the close of business Wednesday, July 9, 2014.
TRADE DATES
July 4, 2014 - TO SETTLE – July 7, 2014
July 7, 2014 - TO SETTLE – July 8, 2014
July 8, 2014 - TO SETTLE – July 9, 2014
July 9, 2014 - TO SETTLE – July 9, 2014
The above is in compliance with Trading Rule C.2.18 – Expiry Date:
Trading in the warrants shall be for cash for the three trading days preceding the expiry date and also on expiry date. On the expiry date, trading shall cease at 12 o'clock noon E.T. and no transactions shall take place thereafter except with permission of the Exchange.
________________________________________
SONORO METALS CORP. ("SMO")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Correction
BULLETIN DATE: July 2, 2014
TSX Venture Tier 2 Company
Further to the bulletin dated June 27, 2014, TSX Venture Exchange has corrected the acceptance of a Purchase and Sale Agreement dated May 26, 2014 between Sonoro Metals Corp. (the "Company") and Minera Breco, S.A. de C.V. ("Breco"), Melvin Herdrick and Socorro Guadalupe Duarte Gonzalez (collectively, the "Vendors"), whereby the Company has agreed to acquire Breco, a private Mexican company that owns three contiguous mineral concessions comprising the San Marcial property located in the northwest Sonora state, Mexico. The correction relates to the number of shares to be issued in the first year as follows:
In consideration, the Company will pay to the Vendors $100,000 ($70,000 in the first year) over two years and issue 400,000 shares (200,000 shares in the first year) over three years.
________________________________________
STANS ENERGY CORP. ("HRE")
BULLETIN TYPE: Halt
BULLETIN DATE: July 2, 2014
TSX Venture Tier 2 Company
Effective at 10:46 a.m. PST, July 2, 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.
________________________________________
STAR NAVIGATION SYSTEMS GROUP LTD. ("SNA")
BULLETIN TYPE: Warrant Price Amendment
BULLETIN DATE: July 2, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the reduction in the exercise price of the following warrants:
| Private Placement: |
|
| # of Warrants: |
10,030,000 |
| Expiry Date of Warrants: |
May 15, 2016 |
| Original Exercise Price of Warrants: |
$0.20 |
| New Exercise Price of Warrants: |
$0.12 |
These warrants were issued pursuant to a private placement of 10,030,000 shares with 10,030,000 share purchase warrants attached, which was accepted for filing by the Exchange effective May 14, 2013.
________________________________________
STAR NAVIGATION SYSTEMS GROUP LTD. ("SNA")
BULLETIN TYPE: Warrant Price Amendment
BULLETIN DATE: July 2, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the reduction in the exercise price of the following warrants:
| Private Placement: |
|
| # of Warrants: |
10,776,666 |
| Expiry Date of Warrants: |
amended to November 1, 2014 |
| Original Exercise Price of Warrants: |
$0.20 |
| New Exercise Price of Warrants: |
$0.12 |
These warrants were issued pursuant to a private placement of 10,776,666 shares with 10,776,666 share purchase warrants attached, which was accepted for filing by the Exchange effective November 10, 2009.
________________________________________
STAR NAVIGATION SYSTEMS GROUP LTD. ("SNA")
BULLETIN TYPE: Warrant Price Amendment
BULLETIN DATE: July 2, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the reduction in the exercise price of the following warrants:
| Private Placement: |
|
| # of Warrants: |
26,100,000 |
| Expiry Date of Warrants: |
September 17, 2016 |
| Original Exercise Price of Warrants: |
$0.20 |
| New Exercise Price of Warrants: |
$0.12 |
These warrants were issued pursuant to a private placement of 26,100,000 shares with 26,100,000 share purchase warrants attached, which was accepted for filing by the Exchange effective September 20, 2012.
________________________________________
STAR NAVIGATION SYSTEMS GROUP LTD. ("SNA")
BULLETIN TYPE: Warrant Price Amendment
BULLETIN DATE: July 2, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the reduction in the exercise price of the following warrants:
| Private Placement: |
|
| # of Warrants: |
3,428,333 |
| Expiry Date of Warrants: |
amended to November 1, 2014 |
| Original Exercise Price of Warrants: |
$0.20 |
| New Exercise Price of Warrants: |
$0.12 |
These warrants were issued pursuant to a private placement of 3,428,333 shares with 3,428,333 share purchase warrants attached, which was accepted for filing by the Exchange effective December 7, 2009.
________________________________________
STAR NAVIGATION SYSTEMS GROUP LTD. ("SNA")
BULLETIN TYPE: Warrant Price Amendment
BULLETIN DATE: July 2, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the reduction in the exercise price of the following warrants:
| Private Placement: |
|
| # of Warrants: |
15,200,000 |
| Expiry Date of Warrants: |
amended to February 24, 2017 |
| Original Exercise Price of Warrants: |
$0.30 |
| New Exercise Price of Warrants: |
$0.12 |
These warrants were issued pursuant to a private placement of 15,200,000 shares with 15,200,000 share purchase warrants attached, which was accepted for filing by the Exchange effective February 29, 2012.
________________________________________
SUTTER GOLD MINING INC. ("SGM")
BULLETIN TYPE: Halt
BULLETIN DATE: July 2, 2014
TSX Venture Tier 2 Company
Effective at 4:50 a.m. PST, July 2, 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.
________________________________________
TYHEE GOLD CORP. ("TDC")
BULLETIN TYPE: Halt
BULLETIN DATE: July 2, 2014
TSX Venture Tier 1 Company
Effective at 4:50 a.m. PST, July 2, 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.
________________________________________
WEST MOUNTAIN ENVIRONMENTAL CORP. ("WMT")
BULLETIN TYPE: Halt
BULLETIN DATE: July 2, 2014
TSX Venture Tier 2 Company
Effective at 8:12 a.m. PST, July 2, 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.
________________________________________
X-TERRA RESOURCES INC. ("XTT ")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: July 2, 2014
TSX Venture Tier 2 Company
Effective at the opening on Thursday, July 3, 2014, the common shares of X-Terra Resources Inc. (the "Company") will commence trading on TSX Venture Exchange. The Company is classified as an "All Other Metal Ore Mining" company (NAICS Number 212299).
The Company was incorporated as a wholly-owned subsidiary of X-Terra Resources Corporation ("Old X-Terra") which transferred on June 4, 2014 substantially all of its assets, except for 2 million shares in Brownstone Energy Inc. and approximately $1.85M in cash, and all of its liabilities to the Company in exchange of 3,927,690 common shares of the Company at a deemed issue price of $0.10 per share. Of this 3,927,690 number, 2,945,744 shares were distributed to Old X-Terra shareholders pursuant to an Asset Transfer Agreement dated April 28, 2014 between the Company and Old X-Terra on the basis of one (1) share of the Company for every four (4) common shares of Old X-Terra held on June 4, 2014.
Concurrently with the transaction described above, the Company completed a private placement by issuing 2,250,000 common shares at a price of $0.10 per share for a gross cash receipt of $225,000 with 13 subscribers. Three (3) insiders of the Company participated in the private placement: 9086-0735 Québec Inc. (Martin Dallaire), 6998046 Canada Inc. (Sylvain Champagne) and Michael Ferreira for, respectively, a number of 250,000 shares, 100,000 shares and 100,000 shares.
| Corporate jurisdiction: |
Canada |
|
| Capitalization: |
Unlimited |
shares with no par value of which |
| 6,177,790 |
common shares are issued and outstanding |
|
| Escrowed Shares |
1,155,796 |
shares are subject to escrow |
| Transfer Agent: |
Computershare Investor Services Inc. – Montréal and Toronto |
|
| Trading Symbol: |
XTT |
|
| CUSIP Number: |
98387W106 |
|
For further information, please refer to Old X-Terra Management Information Circular dated April 28, 2014 available on Sedar.
| Company contact: |
Martin Dallaire, P. Eng., President and Chief Executive Officer |
| Company address: |
139 Québec Avenue, Suite 202, Rouyn-Noranda, Québec J9X 6M8 |
| Company phone number: |
819-797-0609 |
| Company fax number: |
819-797-0097 |
| Company E-mail address: |
[email protected] |
| Company website: |
www.xterraresources.com |
RESSOURCES X-TERRA INC. (« XTT »)
TYPE DE BULLETIN : Nouvelle inscription – Actions
DATE DU BULLETIN : 2 juillet 2014
Société du groupe 2 de TSX croissance
Les actions ordinaires de Ressources X-Terra inc. (la « société ») seront inscrites et admises à la négociation sur la Bourse de croissance TSX à l'ouverture des affaires le jeudi 3 juillet 2014. La société est catégorisée comme une société d'« extraction de tous les autres minerais métalliques » (numéro de SCIAN 212299).
La société a été constituée comme filiale à part entière de X-Terra Resources Corporation (« Ancien X-Terra »), laquelle a cédé le 4 juin 2014 essentiellement tous ses actifs, à l'exception de 2 million d'actions de Brownstone Energy Inc. et approximativement 1,85 M$ en espèces, ainsi que tous ses passifs à la société en contrepartie de 3 927 690 actions ordinaires de la société au prix réputé de 0,10 $ par action. De ces 3 927 690 actions, 2 945 744 actions ont été distribuées aux actionnaires d'Ancien X-Terra en vertu d'une convention de transfert d'actifs datée du 28 avril 2014 entre la société et Ancien X-Terra, à raison d'une (1) action ordinaire de la société pour chaque quatre (4) actions ordinaires d'Ancien X-Terra détenue au 4 juin 2014.
De façon concurrente à la transaction décrite ci-dessus, la société a complété un placement privé par l'émission de 2 250 000 actions ordinaires au prix de 0,10 $ par action pour un produit brut de 225 000 $. Trois (3) initiés de la société ont participés au placement privé : 9086-0735 Québec inc. (Martin Dallaire), 6998046 Canada inc. (Sylvain Champagne) et Michael Ferreira respectivement pour 250 000 actions, 100 000 actions et 100 000 actions.
| Juridiction de la société : |
Canada |
| Capitalisation : |
Un nombre illimité d'actions ordinaires sans valeur nominale, dont 6 177 790 actions ordinaires sont émises et en circulation |
| Titres entiercés : |
1 155 796 actions ordinaires |
| Agent des transferts : |
Services aux investisseurs Computershare Inc. – Montréal et Toronto |
| Symbole au téléscripteur : |
XTT |
| Numéro de CUSIP : |
98387W106 |
Pour plus d'informations, veuillez vous référer à la circulaire de sollicitation de procuration d'Ancien X-Terra datée du 28 avril 2014 disponible sur Sedar.
| Contact de la société : |
Martin Dallaire, P. Eng., Président et CEO |
| Adresse de la société : |
139, avenue Québec, bureau 202, Rouyn-Noranda, Québec J9X 6M8 |
| Téléphone de la société : |
819-797-0609 |
| Télécopieur de la société : |
819-797-0097 |
| Courriel de la société : |
[email protected] |
| Site web de la société : |
www.xterraresources.com |
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NEX COMPANIES:
EASTSIBERIAN PLC ("ESB.H")
BULLETIN TYPE: Halt
BULLETIN DATE: July 2, 2014
NEX Company
Effective at 4:50 a.m. PST, July 2, 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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GALAHAD METALS INC. ("GAX.H")
BULLETIN TYPE: Delist
BULLETIN DATE: July 2, 2014
NEX Company
Effective at the close of business, Wednesday, July 2, 2014, the common shares will be delisted from TSX Venture Exchange at the request of the Company.
The Company will continue to trade on the Canadian Stock Exchange.
________________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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