VANCOUVER, July 8, 2014 /CNW/ -
TSX VENTURE COMPANIES:
ADVENTURE GOLD INC. ("AGE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 8, 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: |
5,429,411 common shares |
| Purchase Price: |
$0.17 per common share |
| Warrants: |
2,714,705 share purchase warrants to purchase 2,714,705 shares |
| Warrant Exercise Price: |
$0.25 for a period of 18 months from the closing date |
| Number of Placees: |
6 placees |
| Finders: |
Windermere Capital Fund, Andreas Becker, Peter Krah |
| Finders' Fee: |
An aggregate of $17,360 in cash and 102,117 non-transferable warrants to purchase 102,117 common shares at an exercise price of $0.17 until December 12, 2015. |
The Company has confirmed the closing of the Private Placement by way of a news release issued on June 12, 2014.
ADVENTURE GOLD INC. (« AGE »)
TYPE DE BULLETIN: Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 8 juillet 2014
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier :
| Nombre d'actions : |
5 429 411 actions ordinaires |
| Prix : |
0,17 $ par action ordinaire |
| Bons de souscription : |
2 714 705 bons de souscription permettant de souscrire 2 714 705 actions ordinaires |
| Prix d'exercice des bons : |
0,25 $ pour une période de 18 mois suivant la date de clôture |
| Souscripteurs : |
6 souscripteurs |
| Intermédiaires : |
Windermere Capital Fund, Andreas Becker, Peter Krah |
| Honoraires d'intermédiation : |
Un total de 17 360 $ en espèces et 102 117 bons de souscription non-transférables permettant de souscrire 102 117 actions ordinaires au prix d'exercice de 0,17 $ jusqu'au 12 décembre 2015. |
La société a confirmé la clôture du placement privé par voie d'un communiqué de presse émis le 12 juin 2014.
_____________________________________
AGUILA AMERICAN GOLD LIMITED ("AGL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 8, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 27, 2014:
| Number of Shares: |
4,800,000 shares |
|
| Purchase Price: |
$0.05 per share (4,000,000 shares) |
|
| $0.075 per share (800,000 shares |
||
| Warrants: |
2,000,000 share purchase warrants to purchase 2,000,000 shares |
|
| at $0.05 per share for the first 6 months and $0.10 for a |
||
| 12 month period. |
||
| 400,000 share purchase warrants to purchase 400,000 shares |
||
| at $0.10 per share for an 18 month period. |
||
| Number of Placees: |
8 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| John Huguet (800,000 units at |
||
| $0.05 per unit and 200,000 |
||
| units at $0.075 per unit) |
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. 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.
________________________________________
ALTURAS MINERALS CORP. ("ALT")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: July 8, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation relating to a Mining Option and Assignment Agreement (the "Agreement") and a Loan Agreement dated May 16, 2014 (the "Loan") between Andes Generating Corporation S.A.C. (the "Optionee") and Alturas Minerals S.A. (the "Subco), a wholly-owned subsidiary of Alturas Minerals Corp. (the "Company"). Pursuant to the Agreement, the Company shall option a 100% interest in its Callejones property (the "Property") located in Northern Peru. Further to the Loan, as part of the Agreement, the Optionee shall loan US$100,000 to the Company.
In consideration of the Agreement, the Company shall receive an aggregate of US$500,000 over a five year period and the Optionee must incur exploration expenditures on the Property of US$200,000 within the first three years. The Company shall retain a 0.3% net smelter royalty on the Property.
In consideration of the Loan, the Company shall issue the US$100,000 as a convertible loan convertible into common shares at a price of CDN$0.02 of principle outstanding for a one year period and 2,000,000 warrants (each exercisable into one common share at a price of CDN$0.02 for a one year period), subject to completion of a consolidation on a minimum three old for one new basis. The conversion price for the Loan and exercise price for the warrants shall revert to CDN$0.05 should the consolidation not occur. The Loan carries an interest rate of 15% per annum and has a one year term.
For more information please refer to the Company's news release dated May 26, 2014.
________________________________________
ASIA NOW RESOURCES CORP. ("NOW")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: July 8, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,429,000 shares to settle outstanding debt for $71,495.
| Number of Creditors: |
1 Creditor |
|||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| China Gold Pte. Ltd. |
Y |
$71,495 |
$0.05 |
1,429,000 |
For further information, please refer to the Company's news releases dated July 4, 2014.
________________________________________
AZIMUT EXPLORATION INC. ("AZM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 8, 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: |
1,166,668 common shares |
| Purchase Price: |
$0.30 per common share |
| Warrants: |
583,334 warrants to purchase 583,334 common shares |
| Warrant Exercise Price: |
$0.45 per share for a 24-month period |
| Number of Placees: |
2 placees |
The Company has confirmed the closing of the above-mentioned Private Placement pursuant to a news release dated June 20, 2014.
EXPLORATION AZIMUT INC. (« AZM »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 8 juillet 2014
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier :
| Nombre d'actions : |
1 166 668 actions ordinaires |
| Prix : |
0,30 $ par action ordinaire |
| Bons de souscription : |
583 334 bons de souscription permettant de souscrire à 583 334 actions ordinaires. |
| Prix d'exercice des bons : |
0,45 $ par bon de souscription pour une période de 24 mois. |
| Nombre de souscripteurs : |
2 souscripteurs |
La société a confirmé la clôture du placement privé mentionné ci-dessus en vertu d'un communiqué de presse daté du 20 juin 2014.
________________________________________
BOXXER GOLD CORP. ("BXX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 8, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a letter agreement dated January 14, 2014 in reference to a mining lease and agreement dated January 2, 2003 (collectively, the "Agreements") between the Company and an arm's length party (the "Lessor"). As per the terms of the Agreements, the Company will issue 900,000 common shares of the Company ("Shares") at a price of $0.05 per Share in consideration for 24 months of lease payments from January 1, 2014 through December 31, 2015 to the Lessor, a 50% landowner of the Boss property patents in Nevada.
Insider / Pro Group Participation: None
For further information, please see the Company's press release dated June 17, 2014.
________________________________________
CAITERRA INTERNATIONAL ENERGY CORPORATION ("CTI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 8, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 4, 2014 and June 9, 2014:
| Number of Shares: |
31,820,000 shares |
|
| Purchase Price: |
$0.10 per share |
|
| Warrants: |
31,820,000 share purchase warrants to purchase 31,820,000 shares |
|
| Warrant Exercise Price: |
$0.15 for a two year period |
|
| Number of Placees: |
13 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Tian Ping Wu |
Y |
220,000 |
| Wei Wu |
Y |
200,000 |
| Bing Xiao Wu |
Y |
4,600,000 |
| Xiang Pu |
Y |
2,000,000 |
| Finder's Fee: |
$148,800 cash payable to HK Sunshine Wealth Investment Co., |
|
| Limited (Zhanhong Ou). |
||
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.
________________________________________
COMSTOCK METALS LTD. ("CSL")
BULLETIN TYPE: Halt
BULLETIN DATE: July 8, 2014
TSX Venture Tier 2 Company
Effective at 7:11 a.m., PST, July 8, 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.
________________________________________
COMSTOCK METALS LTD. ("CSL")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 8, 2014
TSX Venture Tier 2 Company
Effective at 9:45 a.m., PST, July 8, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
COPPER NORTH MINING CORP. ("COL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 8, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for expedited filing documentation pertaining to an Acquisition Agreement dated June 27, 2014 between Copper North Mining Corp. (the 'Company') and Electrum Resource Corporation (Insiders: J. Barakso, I. Lindsay. the 'Vendor'), pursuant to which the Company may acquire a 100% interest in the Thor Property (the 'Property') that consists of 8,700 hectares of mineral claims located south of the Kemess South mine-mill complex in North Central BC. In consideration, the Company will pay a total of $525,000 cash; will issue a total of 5,000,000 shares in stages and conduct exploration commitments of $5,000,000 in stages as follows:
| CASH |
SHARES |
EXPLORATION EXPENSES |
|
| Upon Exchange Approval |
$25,000 |
1,000,000 |
0 |
| Year 1 |
$50,000 |
0 |
$200,000 |
| Year 2 |
$50,000 |
1,000,000 |
Cumulative- $700,000 |
| Year 3 |
$100,000 |
1,000,000 |
Cumulative- $1,500,000 |
| Year 4 |
$100,000 |
1,000,000 |
Cumulative- $2,500,000 |
| Year 5 |
$100,000 |
1,000,000 |
Cumulative- $3,500,000 |
| Year 6 |
$100,000 |
0 |
Cumulative- $5,000,000 |
The Vendor will receive a 2% net smelter return which is capped at $5,000,000. The Company agrees to pay an advanced royalty payment of $1,000,000 if commercial production is not attained in respect of the Property before the seventh, eighth, ninth, tenth and eleventh anniversaries of the acquisition agreement.
________________________________________
ENTOURAGE METALS LTD. ("EMT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 8, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the second 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: |
9 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Jeff Sundar |
Y |
350,000 |
| John Florek |
Y |
100,000 |
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.
________________________________________
GALORE RESOURCES INC. ("GRI")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: July 8, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 425,000 bonus warrants to an insider in consideration of a cash loan of $96,048 advanced to the Company in 2013. The lender has recently agreed to a deferral of repayment of the loan and the bonus warrants are being issued as consideration for this deferred payment.
| Warrants |
|
| Michael McMillan |
425,000 |
________________________________________
GOLDEYE EXPLORATIONS LIMITED ("GGY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 8, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 28, 2014:
| Number of Shares: |
3,050,000 flow-through shares and |
|
| 500,000 non flow-through shares |
||
| Purchase Price: |
$0.10 per share |
|
| Warrants: |
250,000 share purchase warrants to purchase 250,000 shares |
|
| Warrant Exercise Price: |
$0.18 for a two year period |
|
| Number of Placees: |
12 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Blaine Webster |
Y |
100,000 |
| Finder's Fee: |
An aggregate of $23,450 in cash payable to CIBC World Markets, |
|
| RBC Dominion Securities Inc., Secutor Capital Management |
||
| Corporation and Sherbrooke Street Capital (SSC) Inc. |
||
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.
For further details, please refer to the Company's news releases dated June 9, 2014 and July 4, 2014.
________________________________________
GOLDEN REIGN RESOURCES LTD. ("GRR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 8, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 26, 2014:
| Number of Shares: |
21,333,333 shares |
|
| Purchase Price: |
$0.15 per share |
|
| Number of Placees: |
1 placee |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Marlin Gold Mining Ltd. |
Y |
21,333,333 |
| Finder's Fee: |
$160,000 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.
________________________________________
HORNBY BAY MINERAL EXPLORATION LTD. ("HBE")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: July 8, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has accepted for filing an unsecured loan in the amount of $100,000 (the "Loan") between the Company and an arm's length party (the "Lender"). The Loan shall mature eighteen months from the date of issuance and carry an interest rate of 9% per annum.
Additionally, the Exchange has accepted the issuance of 200,000 shares to be issued to the Lender in connection with the Loan.
________________________________________
HRT PARTICIPACOES EM PETROLEO S.A. ("HRP")
BULLETIN TYPE: Halt
BULLETIN DATE: July 8, 2014
TSX Venture Tier 2 Company
Effective at 8:35 a.m., PST, July 8, 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.
________________________________________
HRT PARTICIPACOES EM PETROLEO S.A. ("HRP")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 8, 2014
TSX Venture Tier 2 Company
Effective at 10:15 a.m., PST, July 8, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
INTERCEPT ENERGY SERVICES INC. ("IES")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: July 8, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Royalty Termination Agreement dated June 24, 2014 between Intercept Energy Services Inc. (the 'Company') and 1645577 Alberta Ltd. (the 'Vendor') whereby the Company will purchase and terminate an outstanding Royalty Agreement dated March 20, 2012, along with all accrued liabilities. Consideration is 2,000,000 common shares of the Company.
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| 1645577 Alberta Ltd. (Mervyn Pidherney |
||
| and three other arm's length parties) |
Y |
2,000,000 |
________________________________________
LAKELAND RESOURCES INC. ("LK")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: July 8, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an amendment to a Property Acquisition Agreement dated March 25, 2012 between Lakeland Resources Inc. (the 'Company') and Mike and Mathieu Tremblay (the 'Vendors') whereby in lieu of the final payment of $15,000 the Company will issue 100,000 common shares.
________________________________________
MADALENA ENERGY INC. ("MVN")
BULLETIN TYPE: Prospectus-Subscription Receipt Offering
BULLETIN DATE: July 8, 2014
TSX Venture Tier 2 Company
Effective June 12, 2014, the Company's Prospectus dated June 12, 2014 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Alberta, Ontario, British Columbia, Saskatchewan, Manitoba, New Brunswick and Nova Scotia Securities Commissions, pursuant to the provisions of the Securities Acts.
TSX Venture Exchange has been advised that closing occurred on June 24, 2014, for gross proceeds of $57,535,650 (includes over-allotment option).
| Agents: |
Dundee Securities Ltd. |
| RBC Capital Markets |
|
| Haywood Securities Inc. |
|
| Beacon Securities Limited |
|
| National Bank Financial |
|
| FirstEnergy Capital Corp. |
|
| Mackie Research Capital Corporation |
|
| TD Securities Inc. |
|
| Canaccord Genuity Corp. |
|
| Jennings Capital Inc. |
|
| Raymond James Ltd. |
|
| Offering: |
98,100,000 subscription receipts |
| Share Price: |
$0.51 per subscription receipt |
| Agents' Commission: |
6% |
| Greenshoe Option: |
The Agent exercised their full over-allotment option of an additional 14,715,000 subscription receipts at a price of $0.51 per subscription receipt. |
________________________________________
NORONT RESOURCES LTD. ("NOT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: July 8, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 518,270 shares to settle outstanding debt for $319,980.
| Number of Creditors: |
1 Creditor |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Resource Capital Fund V L.P. |
||||
| (Portfolio Managed) |
Y |
$319,980 |
$0.6174 |
518,270 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
PANTERRA RESOURCE CORP. ("PRC")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: July 8, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced June 12, 2014:
| Number of Shares: |
500,000,000 subscription receipts |
|
| Purchase Price: |
$0.26 per subscription receipt |
|
| Number of Placees: |
201 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Sub Receipts |
| Robert Dales |
Y |
961,231 |
| Tim De Freitas |
Y |
88,461 |
| Agent's Fee: |
Desjardins Securities Inc. - $2,860,000 |
|
| TD Securities Inc. - $2,860,000 |
||
| Raymond James Ltd. - $572,000 |
||
| Beacon Securities Limited - $286,000 |
||
| Haywood Securities Inc. - $286,000 |
||
| CIBC World Markets Inc. - $143,000 |
||
| Clarus Securities Inc. - $143,000 |
||
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.
________________________________________
QUATERRA RESOURCES INC. ("QTA")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: July 8, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 19, 2014:
| Convertible Note: |
US$500,000 |
| Conversion Price: |
Convertible into Units, each Unit comprised of one non-transferable convertible redeemable US$1,000 principal amount promissory note (the "Note") and 11,442 non-transferable share purchase warrants. The Note is convertible into common shares at CDN$0.095 of principal outstanding in the first 12 months and CDN$0.10 of principal outstanding in the last six months of the term. If the volume weighted average trading price is at CDN$0.12 or higher for 10 consecutive trading days at any time after four months and one day after closing, the Notes will be automatically redeemed and converted into shares at CDN$0.095 of principal outstanding in the first 12 months and CDN$0.10 of principal outstanding in the last six months of the term. |
| Maturity date: |
18 months from date of issuance. |
| Warrants |
Each warrant will have a term of 18 months 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 $0.16 for an 18 month period. If the volume weighted average trading price is at $0.20 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. |
| Interest rate: |
10% per annum |
| Number of Placees: |
3 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.
________________________________________
SEL EXCHANGE INC. ("SEL")
[formerly Penfold Capital Acquisition IV Corporation ("SEL")]
BULLETIN TYPE: Name Change
BULLETIN DATE: July 8, 2014
TSX Venture Tier 2 Company
The Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening, Wednesday, July 9, 2014, the common shares of SEL Exchange Inc. will commence trading on TSX Venture Exchange, and the common shares of Penfold Capital Acquisition IV Corporation will be delisted. The Company is classified as an 'Other Support Services' company.
| Capitalization: |
Unlimited |
shares with no par value of which |
| 56,789,031 |
shares are issued and outstanding |
|
| Escrow: |
32,111,945 |
shares |
| Transfer Agent: |
TMX Equity Transfer Services |
|
| Trading Symbol: |
SEL |
(UNCHANGED) |
| CUSIP Number: |
816081103 |
(NEW) |
________________________________________
SPARTAN ENERGY CORP. ("SPE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 8, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pursuant a Purchase and Sale Agreement dated May 26, 2014 (the "Agreement"), between the Company and an arm's length oil and gas company (the "Vendor"). Pursuant to the Agreement, the Company has agreed to acquire the crude oil producing properties of the Vendor located in southeast Saskatchewan as detailed in the Company's press release dated May 27, 2014. In consideration, the Company will pay $98,000,000 in cash to the Vendor.
Insider / Pro Group Participation: None
For further information, please see the Company's press release dated July 7, 2014.
In reference to the Exchange's Graduation Bulletin dated July 8, 2014, 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 Wednesday, July 9, 2014, under the symbol "SPE".
________________________________________
SPARTAN ENERGY CORP. ("SPE")
BULLETIN TYPE: Graduation
BULLETIN DATE: July 8, 2014
TSX Venture Tier 1 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 Wednesday, July 9, 2014, under the symbol "SPE".
As a result of this Graduation, there will be no further trading under the symbol "SPE" on TSX Venture Exchange after Tuesday, July 8, 2014, and its shares will be delisted from TSX Venture Exchange at the commencement of trading on Toronto Stock Exchange.
________________________________________
STARLIGHT U.S. MULTI-FAMILY (No. 3) CORE FUND ("SUS.UN.A") ("SUS.UN.U")
BULLETIN TYPE: New Listing-IPO-Units, Halt
BULLETIN DATE: July 8, 2014
TSX Venture Tier 1 Company
The Initial Public Offering ("IPO") Prospectus dated June 27, 2014 (the "Prospectus") of Starlight U.S. Multi-Family (No.3) Core Fund (the "Fund") has been filed with and accepted by TSX Venture Exchange, filed in Ontario and receipted by the Ontario Securities Commission, and filed in British Columbia, Alberta, Saskatchewan, Manitoba, Quebec, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador and deemed to have been receipted by the securities regulator in each of these jurisdictions, pursuant to the provisions of the securities legislations in each of these jurisdictions.
The Class A Units and Class U Units (the "Listed Units") of the Fund will be listed and admitted to trading on TSX Venture Exchange, on the effective date stated below.
The IPO is expected to close on Wednesday July 9, 2014. Gross proceeds to be received by the Fund in respect of the IPO will be for at least a minimum of US$27,000,000 of limited partnership units, comprised of Class A Units, Class D Units, Class F Units and Class C Units to be issued at C$10 per limited partnership unit and Class U Units to be issued at US$10 per limited partnership unit, of which only Class A Units and Class U Units are to be listed on the TSX Venture Exchange. The Class C, D and F Units are convertible into Class A Units. For further information regarding the conversion features and the formula, please refer to the Fund's Prospectus dated June 27, 2014
The Fund is classified as a "Lessors of residential buildings and dwellings (except social housing projects)" issuer (NAICS Number: 531111).
| Listing Date: |
At the close of business (5:01 EDT) on July 8, 2014 |
| Commencement Date: |
The Listed Units will be halted at the opening on July 9, 2014, pending confirmation of closing of the acquisition of the Fund's Initial Portfolio, as described in the Prospectus. It is expected that the acquisition of the Initial Portfolio will be completed on July 10, 2014 and trading on the Listed Units will resume on July 11, 2014. A further bulletin will be issued disclosing the details of the closing. |
| Jurisdiction: |
Ontario |
| Capitalization: |
Unlimited number of authorized limited partnership units, including Class A Units at C$10 each and Class U Units at US$10 each. Based on the orders on hand before the closing of the IPO, it is expected that approximately 1,603,050 Class A Units and 303,100 Class U Units will be issued and outstanding at the time of the closing of the IPO. The exact number of Class A Units and Class U Units issued and outstanding will be confirmed upon closing of the IPO. |
| Escrowed Units |
544,730 Class C Units (convertible into Class A Units) |
| Transfer Agent: |
Equity Financial Trust Company |
| Class A Units |
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| Trading Symbol: |
SUS.UN.A |
| CUSIP Number: |
85553X109 |
| Class U Units |
|
| Trading Symbol: |
SUS.UN.U |
| CUSIP Number: |
85553X117 |
| Agents: |
CIBC World Markets Inc. (the "Lead Agent"), National Bank Financial Inc., Scotia Capital Inc., BMO Nesbitt Burns Inc., Raymond James Ltd., TD Securities Inc., Dundee Securities Ltd., GMP Securities L.P., Canaccord Genuity Corp. and Desjardins Securities Inc. |
| Agent's Fees: |
5.25% of the aggregate purchase price of Class A Unit and Class U Units. |
For further information, please refer to the Fund's Prospectus dated June 27, 2014
| Company Contact: |
Evan Kirsh, President |
| Company Address: |
3300 Bloor Street West, West Tower, Toronto, Ontario, M8X 2X2 |
| Company Phone Number: |
(416) 234-8444 |
| Company Fax Number: |
(416) 234-8445 |
| Company Website: |
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| Company Email Address: |
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WELICHEM BIOTECH INC. ("WBI")
BULLETIN TYPE: Delist
BULLETIN DATE: July 8, 2014
TSX Venture Tier 2 Company
Effective at the close of business on Tuesday, July 8, 2014, the common shares will be delisted from TSX Venture Exchange at the request of the Company.
The delisting of the Company's shares is a result of the acquisition of 53,816,249 common shares (the "Acquired Shares") of the Company by LJR Resources Co. Ltd. ('LJR") pursuant to an amended Offer to Purchase dated May 29, 2014 (the "Offer") at $0.15 per share.
The Company advises that the Acquired Shares represents approximately 94.1% of the issued and outstanding common shares of the Company, and LJR has announced its intention to exercise its right to acquire all of the remaining common shares of the Company not tendered under the Offer in accordance with Business Corporations Act (British Columbia).
For further information, please refer to one Company's news release dated June 30, 2014.
________________________________________
WEST CIRQUE RESOURCES LTD. ("WCQ")
BULLETIN TYPE: Halt
BULLETIN DATE: July 8, 2014
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, July 8, 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.
________________________________________
NEX COMPANY:
WARNEX INC. ("WNX.H")
BULLETIN TYPE: Halt
BULLETIN DATE: July 8, 2014
NEX Company
Effective at 5:00 a.m., PST, July 8, 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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