TSX Venture Exchange Daily Bulletins
VANCOUVER, July 11, 2014 /CNW/ -
TSX VENTURE COMPANIES;
ALEXANDER NUBIA INTERNATIONAL INC. ("AAN")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: July 11, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 4,874,260 common shares at a deemed value of $0.05 per share to settle outstanding debt for $243,713.
| Number of Creditors: |
5 Creditors |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Alexander (Adel) Massoud |
Y |
$150,000 |
$0.05 |
3,000,000 |
| John Payne |
Y |
$15,000 |
$0.05 |
300,000 |
| Mark Campbell |
Y |
$23,213 |
$0.05 |
464,260 |
| Giles Baynham |
Y |
$30,500 |
$0.05 |
610,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
ALLEGIANCE EQUITY CORPORATION ("ANQ")
BULLETIN TYPE: Halt
BULLETIN DATE: July 11, 2014
TSX Venture Tier 2 Company
Effective at 6:46 a.m. PST, July 11, 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.
________________________________________
ALLIANCE MINING CORP. ("ALM")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: July 11, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 880,000 shares at a price of $0.05 per share to settle outstanding debt for $44,000.00.
| Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
ALTAIR GOLD INC. ("AVX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 11, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche a Non-Brokered Private Placement announced April 17, 2014:
| Number of Shares: |
8,400,000 shares |
| Purchase Price: |
$0.05 per share |
| Warrants: |
8,400,000 share purchase warrants to purchase 8,400,000 shares |
| Warrant Exercise Price: |
$0.10 for a five year period |
| Number of Placees: |
4 placees |
| Finders' Fees: |
Nathan Nikolas – 400,000 common shares and 400,000 finder's warrants that are exercisable into common shares at $0.10 per share for a period of five years. |
| Zahir Dhanani – 440,000 common shares and 440,000 finder's warrants that are exercisable into common shares at $0.10 per share for a period of five years. |
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.
________________________________________
ASIAN TELEVISION NETWORK INTERNATIONAL LTD. ("SAT")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: July 11, 2014
TSX Venture Tier 2 Company
The Issuer has declared the following dividend:
| Dividend per Common Share: |
$0.02 |
| Payable Date: |
July 30, 2014 |
| Record Date: |
July 15, 2014 |
| Ex-Dividend Date: |
July 14, 2014 |
________________________________________
ATMANCO INC. ("ATW")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 11, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement announced on May 28, 2014:
| Number of Shares: |
3,409,000 common shares |
| Purchase Price: |
$0.20 per common share |
| Warrants: |
1,704,500 warrants to purchase 1,704,500 common shares |
| Warrant Exercise Price: |
$0.30 per share for a period of 24 months |
| Number of Placees: |
37 placees |
| Insider / Pro Group Participation: |
||
| Name |
Insider = Y / Pro Group = P |
Number of shares |
| Édith Bourgeois |
Y |
50,000 |
| Finder's Fee: |
$4,550 in cash to MacDougall, MacDougall and MacTier Inc |
|
The Company has confirmed the closing of the above-mentioned Private Placement pursuant to a news release dated June 30, 2014.
ATMANCO INC. (« ATW »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 11 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, tel qu'annoncé le 28 mai 2014:
| Nombre d'actions : |
3 409 000 actions ordinaires |
| Prix : |
0,20 $ par action ordinaire |
| Bons de souscription : |
1 704 500 bons de souscription permettant de souscrire à 1 704 500 actions ordinaires |
| Prix d'exercice des bons : |
0,30 $ par action pour une période de 24 mois |
| Nombre de souscripteurs : |
37 souscripteurs |
| Participation Initié / Groupe Pro : |
||
| Nom |
Initié = Y / Groupe Pro = P |
Nombre d'actions |
| Édith Bourgeois |
Y |
50 000 |
| Frais d'intermédiation : |
4 550 $ en espèces à MacDougall, MacDougall et MacTier inc. |
|
La société a confirmé la clôture du placement privé mentionné ci-dessus dans le cadre d'un communiqué de presse daté du 30 juin 2014.
_______________________________________________
BAIKAL FOREST CORP. ("BFC")
BULLETIN TYPE: Delist
BULLETIN DATE: July 11, 2014
TSX Venture Tier 2 Company
Effective at the close of business on Friday, July 11, 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 proposed amalgamation (the "Amalgamation"} between the Company and 0998803 B.C. Ltd. ("Newco"), a company incorporated by Far East Forest Industry Inc. (the "Acquiror"), to form a successor Baikal Forest Corp. ("Amalco").
With the completion of the Amalgamation, holders ("Minority Shareholders") of common shares of Baikal, other than Newco and certain shareholders (the "Supporting Shareholders") of the Amalgamation who signed a support agreement, received, for each common share, one Class A preferred share of Amalco ("Amalco Class A Preferred Share") and each Amalco Class A Preferred Share is being redeemed for CAD$0.40 in cash without further action of the Minority Shareholders. Payment to the Minority Shareholders will be processed following written acceptance of the Amalgamation and delisting of the Company by the TSX Venture Exchange.
Subsequent to the Amalgamation, Amalco will be a private company that is wholly-owned by the Acquiror and the Supporting Shareholders.
________________________________________
CAITERRA INTERNATIONAL ENERGY CORPORATION ("CTI")
BULLETIN TYPE: Halt
BULLETIN DATE: July 11, 2014
TSX Venture Tier 2 Company
Effective at 12:42 p.m. PST, July 11, 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.
________________________________________
EAGLEWOOD ENERGY INC. ("EWD")
BULLETIN TYPE: Delist-Offer to Purchase
BULLETIN DATE: July 11, 2014
TSX Venture Tier 2 Company
Effective at the close of business on Friday, July 11, 2014, the common shares of Eaglewood Energy Inc. will be delisted from TSX Venture Exchange. The delisting of the Company's shares results from Transform Exploration Pty. Ltd. purchasing 100% of the Company's shares pursuant to an Arrangement Agreement dated June 10, 2014. Eaglewood Energy Inc. shareholders will receive $0.38 cash for each share held. For further information please refer to the joint information circular of Eaglewood Energy Inc. dated June 10, 2014 and the company's news release dated July 9, 2014.
________________________________________
EMERALD BAY ENERGY INC. ("EBY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 11, 2014
TSX Venture Tier 2 Company
TRANCHE 1 CLOSING:
TSX Venture Exchange has accepted for filing documentation a first tranche closing with respect to a Non-Brokered Private Placement announced June 25, 2014:
| Number of Units: |
3,000,000 units ("Units") |
| Each Unit consists of one common share and one common share purchase warrant. |
|
| Purchase Price: |
$0.05 per Unit |
| Warrants: |
3,000,000 share purchase warrants ("Warrants") to purchase 3,000,000 shares |
| Warrant Exercise Price: |
$0.05 for a period of 12 month from the date of issuance, the Warrants are subject to an acceleration clause as outline in the Company's press release dated June 25, 2014. |
| Number of Placees: |
3 placees |
| Insider/Pro Group Participation: |
None |
| Finder's Fee: |
$5,000 cash and 100,000 non-transferrable options ("Finder's Options") payable to Brant Securities Limited. |
| - Each Finder's Option entitles the holder to purchase Unit at a price of $0.05 per Unit for a period of 12 month from the date of issuance. |
________________________________________
GOLDEN REIGN RESOURCES LTD. ("GRR")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: July 11, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted a Gold Purchase Agreement dated July 10, 2014 (the "Gold Purchase Agreement"), between Golden Reign Resources Ltd. (the "Company"), Nicoz, Resources, and S.A., Gold Belt, (collectively, the "Sellers") S.A., Sailfish Royalty Corp., ("Sailfish") and Marlin Gold Mining Ltd. ("Marlin"). Pursuant to the Gold Purchase Agreement, Marlin's wholly-owned subsidiary will pay the Sellers US$15,000,000 to purchase 40% of gold production from the San Albina gold deposit and surrounding area at US$700 per troy ounce until Sailfish recovers US$19,600,000. Thereafter, Sailfish will be entitled to purchase 20% of the gold production at US$700 per troy ounce. Prior to commercial production, Sailfish will be entitled to receive an 8% semi-annual coupon payment on the purchase price from the Company.
A finder's fee will be paid to PI Financial Corp. of a cash fee equal to 3.5% of the gross proceeds of the streaming agreement payable as 25% at closing, 25% four months from the date of closing and 50% payable eight months from closing.
________________________________________
ISIS LAB CORPORATION ("LAB")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: July 11, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's documentation pertaining to an unsecured debenture (the "Debenture") between Isis Lab Corporation (the "Company") and two arm's length parties (collectively, the "Lenders"). The Lenders have provided a $1,000,000 loan which has a one year maturity and bears an interest rate of 12% per annum.
Additionally, the Exchange has accepted for filing an aggregate bonus of 145,454 bonus shares to be issued to the Lenders in connection with the Debenture.
For more information please refer to the Company's news release dated June 24, 2014.
________________________________________
MARLIN GOLD MINING LTD. ("MLN")
BULLETIN TYPE: Consolidation
BULLETIN DATE: July 11, 2014
TSX Venture Tier 2 Company
Pursuant to a resolution passed by directors April 4, 2014 and shareholders May 16, 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, July 14, 2014, the common shares of Marling Gold Mining Ltd. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Precious Metals Exploration and Development' company.
| Post - Consolidation Capitalization: |
||
| Unlimited 73,999,010 nil |
shares with no par value of which shares are issued and outstanding shares |
|
| Escrow |
||
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
MLN |
(UNCHANGED) |
| CUSIP Number: |
571175207 |
(new) |
________________________________________
MERCATOR TRANSPORT GROUP CORPORATION ("GMT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 11, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletin dated June 16, 2014, effective at the open, Monday, July 14, 2014, the shares of the Company will resume trading, the Company having satisfied the Exchange's requirements for resumption.
________________________________________
MILL CITY GOLD CORP. ("MC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement Amending Agreement
BULLETIN DATE: July 11, 2014
TSX Venture Tier 2 Company
Further to TSX Venture bulletin dated October 14, 2010, TSX Venture Exchange has accepted for filing an amendment to the option agreement dated September 21, 2010 between Mill City Gold Corp. (the 'Company') and Temex Resources Corp. (the 'Vendor', a TSX Venture listed company), whereby the Company will acquire a 75% interest in the Croxall property comprised of 59 mining claims located in the Ogden, Price and Thorneloe townships near Timmins in northern Ontario.
Work commitments include an aggregate of $750,000 in work expenditures prior to the fourth anniversary of the agreement. In consideration of 7,353 common shares of the Company, the Company may extend by one year the time for completion of work commitments on the property.
________________________________________
PETROMAROC CORPORATION PLC ("PMA")
[formerly Longreach Oil and Gas Limited ("LOI")]
BULLETIN TYPE: Name Change
BULLETIN DATE: July 11, 2014
TSX Venture Tier 2 Company
The Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening on Monday, July 14, 2014, the common shares of PetroMaroc Corporation plc will commence trading on TSX Venture Exchange, and the common shares of Longreach Oil and Gas Limited will be delisted. The Company is classified as an 'Oil and Gas Exploration and Development' company.
| Capitalization: |
Unlimited 81,149,037 0 |
shares with no par value of which shares are issued and outstanding shares |
| Escrow: |
||
| Transfer Agent: |
Computershare Investor Services (Jersey) Limited |
|
| Trading Symbol: |
PMA |
(NEW) |
| CUSIP Number: |
G70417103 |
(NEW) |
________________________________________
QUATERRA RESOURCES INC. ("QTA")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s, Correction
BULLETIN DATE: July 11, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated July 8, 2014, with respect to the Non-Brokered Private Placement announced June 19, 2014, should have read, in part, as follows:
| 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 CAD$0.095 of principal outstanding in the first 12 months and CAD$0.10 of principal outstanding in the last six months of the term. If the closing trading price is at CAD$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 CAD$0.095 of principal outstanding in the first 12 months and CAD$0.10 of principal outstanding in the last six months of the term. |
| 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 closing 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. |
The rest of the Bulletin remains unchanged.
________________________________________
RELIANCE RESOURCES LIMITED ("RI")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 11, 2014
TSX Venture Tier 2 Company
Effective at the open, Monday, July 14, 2014, trading in the Company's shares will resume.
This resumption of trading does not constitute acceptance of the Company's previously announced agreement to acquire American Iron Corp. (the 'Transaction') dated February 28, 2014, (as described in the Company's press release of April 7, 2014), and should not be construed as an assurance of the merits of the Transaction or the likelihood of completion.
Completion of the Transaction is subject to a number of conditions, including but not limited to TSX Venture Exchange Inc. acceptance. There is a risk that the Transaction will not be accepted or that the terms of the Transaction may change substantially prior to acceptance.
________________________________________
SARAMA RESOURCES LTD. ("SWA")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: July 11, 2014
TSX Venture Tier 2 Company
Further to the bulletin dated June 20, 2014, the bulletin should have read, in part, as follows:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 12, 2014:
| Number of Shares: |
19,189,700 shares |
| Purchase Price: |
$0.15 per share |
| Warrants: |
9,594,850 share purchase warrants to purchase 9,594,850 shares |
The rest of the bulletin remains unchanged.
________________________________________
SONORO METALS CORP. ("SMO")
BULLETIN TYPE: Consolidation
BULLETIN DATE: July 11, 2014
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders on June 19, 2014, the Company has consolidated its capital on a two (2) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening, Monday, July 14, 2014, the common shares of Sonoro Metals Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration / Development' company.
| Post - Consolidation |
||
| Unlimited |
shares with no par value of which |
|
| Escrow |
||
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
SMO |
(UNCHANGED) |
| CUSIP Number: |
83569F204 |
(new) |
________________________________________
STARLIGHT U.S. MULTI-FAMILY (NO. 3) CORE FUND ("SUS.A")("SUS.U")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 11, 2014
TSX Venture Tier 1 Company
Effective at 5:00 a.m., PST, July 11, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
XCITE ENERGY LIMITED ("XEL")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: July 11, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 11,616,875 bonus common shares of the Company ("Bond Shares") at a deemed price of £0.685 (approximately CAD$1.262) per Bond Share under a proposed non-convertible bond offering (the "Offering"). Under the terms of the Offering, the Company will be issuing approximately $150,000,000 principal non-convertible bonds ("Bonds"), which will be issued at a 90% discount to face value along with the Bond Shares.
In addition, the Company issued 4,302,546 common shares of the Company ("Placed Shares") at a price of £0.685 per Placed Share to a sole subscriber under the Offering.
________________________________________
NEX COMPANIES:
ABCANA CAPITAL INC. ("ABQ.H")
BULLETIN TYPE: Remain Halted - Qualifying Transaction
BULLETIN DATE: July 11, 2014
NEX Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated July 10, 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.
________________________________________
UNIQUE BROADBAND SYSTEMS, INC. ("UBS.H")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 11, 2014
NEX Company
Effective at 5:00 a.m., PST, July 11, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
ZIPLOCAL INC. ("ZIP.H")
BULLETIN TYPE: Halt
BULLETIN DATE: July 11, 2014
NEX Company
Effective at 1:18 p.m., PST, July 10, 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.
________________________________________
ZIPLOCAL INC. ("ZIP.H")
BULLETIN TYPE: Remain Halted - Reverse Takeover, Change of Business
BULLETIN DATE: July 11, 2014
NEX Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated July 10, 2014, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation pursuant to TSXV Policy 5.2 regarding a Reverse Takeover or a Change of Business.
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
For further information: Market Information Services at 1-888-873-8392, or email: [email protected]
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