VANCOUVER, July 17, 2014 /CNW/ -
TSX VENTURE COMPANIES:
CALICO RESOURCES CORP. ("CKB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 17, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 25, 2014 and June 19, 2014:
Third Tranche:
| Number of Shares: |
5,033,334 shares |
| Purchase Price: |
$0.12 per share |
| Warrants: |
2,516,557 share purchase warrants to purchase 2,516,557 shares |
| Warrant Exercise Price: |
$0.15 for a one year period |
| 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. 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.
________________________________________
CLAIM POST RESOURCES INC. ("CPS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 17, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 29, 2014, June 2, 2014 and June 11, 2014:
| Number of Shares: |
18,766,996 non flow-through shares and 2,800,000 flow-through shares |
| Purchase Price: |
$0.08 per non flow-through share $0.09 per flow-through share |
| Warrants: |
10,783,498 share purchase warrants to purchase 10,783,498 shares |
| Warrant Exercise Price: |
$0.12 for a six month period |
| Number of Placees: |
28 placees |
| Finder's Fee: |
An aggregate of $79,800 in cash and 973,875 finders' warrants payable to GMP Securities L.P., Stephen Avenue Securities Inc., Haywood Securities Inc. and Minvestec Capital Corp. Each finder's warrant entitles the holder to acquire one common share at $0.12 for a six month period. |
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 release dated June 17, 2014.
________________________________________
COLT RESOURCES INC. ("GTP")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: July 17, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to the Company's disposition of an interest of approximately 10% in Colt Resources Middle East (Cayman) ("Colt Middle East") in consideration of $1,000,000 in cash, representing 4,444,444 ordinary shares of Colt Middle East at a price of $0.225 per ordinary share of Colt Middle East to Mr. Richard Quesnel.
For further information, please refer to the Company's news release dated June 4, 2014.
COLT RESOURCES INC. (« GTP »)
TYPE DE BULLETIN : Convention de vente d'actif ou convention de vente d'actions
DATE DU BULLETIN : Le 17 juillet 2014
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents relativement à la cession par la société d'un intérêt d'environ 10 % dans Colt Resources Middle East (Cayman) (« Colt Middle East ») en considération de 1 000 000 $ en espèces, représentant 4 444 444 actions ordinaires de Colt Middle East au prix de 0,225 $ l'action auprès de M. Richard Quesnel.
Pour de plus amples informations, veuillez vous référer au communiqué de presse émis par la société le 4 juin 2014.
________________________________________
COPPER ONE INC. ("CUO")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: July 17, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,000,000 shares at a deemed value of $0.05 per share to settle outstanding debt for $100,000.
| Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
CORAL GOLD RESOURCES LTD. ("CLH")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: July 17, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 857,296 shares at a deemed value of $0.24 per share to settle outstanding debt for $205,751.
| Number of Creditors: |
3 Creditors |
||||
| Insider / Pro Group Participation: |
|||||
| Insider=Y / |
Amount |
Deemed Price |
|||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
|
| Intermark Capital Corp. |
|||||
| (David Wolfin) |
Y |
$37,275 |
$0.24 |
155,313 |
|
| Oniva International Services Corp. |
|||||
| (Louis Wolfin and David Wolfin) |
Y |
$153,566 |
$0.24 |
639,858 |
|
| Wear Wolfin Designs Ltd. |
|||||
| (Matt Wayrynen) |
Y |
$14,910 |
$0.24 |
62,125 |
|
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
CRITICAL OUTCOME TECHNOLOGIES INC. ("COT")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: July 17, 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: |
3,569,485 |
| Original Expiry Date of Warrants: |
July 29, 2014 |
| New Expiry Date of Warrants: |
January 29, 2016 |
| Exercise Price of Warrants: |
$0.26 |
These warrants were issued pursuant to a private placement of 3,605,258 shares with 3,605,258 share purchase warrants attached, which was accepted for filing by the Exchange on March 5, 2013.
________________________________________
CSM SYSTEMS CORP. ("CKX")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: July 17, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated July 10, 2014, the Exchange has accepted an amendment with respect to a Non-Brokered Private Placement announced May 12, 2014 as follows:
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P / |
# of Units |
| 1573596 Alberta Ltd. |
||
| (John Putters) |
Y |
100,000 |
| Finder's Fee: |
$25,766 cash and 858,880 non-transferrable warrants ("Finder's Warrants") payable to Wolverton Securities Ltd. |
|
| $3,840 cash and 128,000 Finder's Warrants payable to Rain Communications Corp. |
||
| Each Finder's Warrant entitles the holder to purchase one Unit at a price of $0.03 until expiry 24 months from the date of closing. |
||
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).
________________________________________
ECO (ATLANTIC) OIL & GAS LTD. ("EOG")
BULLETIN TYPE: Halt
BULLETIN DATE: July 17, 2014
TSX Venture Tier 2 Company
Effective at 6:09 a.m., PST, July 17, 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.
________________________________________
ECO (ATLANTIC) OIL & GAS LTD. ("EOG")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 17, 2014
TSX Venture Tier 2 Company
Effective at 8:45 a.m., PST, July 17, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
EXPLOREX RESOURCES INC. ("EX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 17, 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: |
2,100,000 shares |
||
| Purchase Price: |
$0.055 per share |
||
| Warrants: |
2,100,000 share purchase warrants to purchase 2,100,000 shares |
||
| Warrant Exercise Price: |
$0.075 for a five year period |
||
| Number of Placees: |
6 placees |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / |
|||
| Name |
ProGroup=P |
# of Shares |
|
| Patrick Forseille |
Y |
100,000 |
|
| William Wishart |
Y |
420,000 |
|
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.
________________________________________
FERONIA INC. ("FRN.WT.A")
BULLETIN TYPE: Warrant Expiry-Delist
BULLETIN DATE: July 17, 2014
TSX Venture Tier 1 Company
Effective at the opening, July 21, 2014, the Share Purchase Warrants of the Company will trade for cash. The Warrants expire July 24, 2014 and will therefore be delisted at the close of business, Thursday, July 24, 2014.
TRADE DATES
July 21, 2014 - TO SETTLE – July 22, 2014
July 22, 2014 - TO SETTLE – July 23, 2014
July 23, 2014 - TO SETTLE – July 24, 2014
July 24, 2014 - TO SETTLE – July 24, 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.
________________________________________
GOLDEN VALLEY MINES LTD. ("GZZ")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: July 17, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation of the Company in connection with the sale of 500,000 common shares of Abitibi Royalties Inc. (TSX Venture: RZZ) at a per share price of $0.40 for gross cash proceeds of $200,000. Each share purchased includes a right (the "Right") to purchase one-half of a further share of Abitibi Royalties (or, expressed as whole shares, an aggregate of 250,000 common shares) for a period of 18 months at a price of $0.45 per share of Abitibi Royalties.
Insider / Pro Group Participation:
| Name |
Insider = Y / Pro Group = P |
Number of Shares subject to Rights |
| Joseph Groia |
Y |
31,250 |
| Michael P. Rosatelli |
Y |
31,250 |
| Chad Williams |
Y |
31,250 |
Jackie Koh received an aggregate of 150,000 common shares at a deemed price of $0.05 per share in satisfaction of $7,500 of finder's fees.
For further information, please refer to the Company's press releases dated November 21, 2013 and July 2, 2014.
LES MINES DE LA VALLEE DE L'OR LTEE (« GZZ »)
TYPE DE BULLETIN : Vente d'actif ou convention de vente d'actions
DATE DU BULLETIN : Le 17 juillet 2014
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents de la société relativement à la vente de 500 000 actions ordinaires de Les Redevances Abitibi inc. (TSX Croissance: RZZ) à un prix par action de 0,40 $ pour un produit brut en espèces de 200 000 $. Chaque action achetée inclus le droit (le « droit ») d'achat d'une demi action de Les Redevances Abitibi inc. (ou, sur une base globale, un total de 250 000 actions ordinaires) pour une période de 18 mois à un prix de 0,45 $ par action de Les Redevances Abitibi inc.
| Nom |
Initié = Y / Groupe Pro = P |
Nombre d'actions assujetties au droit |
| Joseph Groia |
Y |
31 250 |
| Michael P. Rosatelli |
Y |
31 250 |
| Chad Williams |
Y |
31 250 |
Jackie Koh a reçu un total de 150 000 actions ordinaires au prix réputé de 0,05 $ l'action en paiement de 7 500 $ d'honoraire d'intermédiation.
Pour de plus amples renseignements, veuillez référer aux communiqués de presse de la société datés du 21 novembre 2013 et 2 juillet 2014.
______________________________
GOLDEN VIRTUE RESOURCES INC. ("GVR")
BULLETIN TYPE: Halt
BULLETIN DATE: July 17, 2014
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, July 17, 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.
________________________________________
KESTREL GOLD INC. ("KGC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 17, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 9, 2014 and May 1, 2014:
| Number of Shares: |
2,500,000 shares |
||
| Purchase Price: |
$0.05 per unit |
||
| Warrants: |
2,500,000 share purchase warrants to purchase 2,500,000 shares |
||
| Warrant Exercise Price: |
$0.10 for a period of two years |
||
| Number of Placees: |
5 placees |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / |
|||
| Name |
ProGroup=P |
# of Units |
|
| Stuart Peterson |
Y |
800,000 |
|
| Finder's Fee: |
Haywood Securities - $1,500 cash and 300,000 finder's warrants. Each finder warrant is exercisable at a price of $0.10 per share for a period of two 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.
________________________________________
MILL CITY GOLD CORP. ("MC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement Amending Agreement
BULLETIN DATE: July 17, 2014
TSX Venture Tier 2 Company
Further to TSX Venture bulletins dated October 14, 2010 and July 11, 2014, 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.
Further to the July 11, 2014 bulletin authorizing 7,353 shares to be issued, an additional 117,647 shares will be issued to total 125,000 shares as consideration for extending the work commitment for one year.
________________________________________
NAIKUN WIND ENERGY GROUP INC. ("NKW")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: July 17, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 61,583 shares at a deemed price of $0.17, in consideration of certain services provided to the Company pursuant to agreements dated November 16, 2011, for the quarter ending June 30, 2014.
Insider / Pro Group Participation:
| Creditor |
Insider=Y / |
Amount |
Deemed Price |
# of Shares |
||||
| Graham Wilson |
Y |
$2,031.33 |
$0.17 |
11,949 |
||||
| Joe Houssian |
Y |
$1,718.87 |
$0.17 |
10,111 |
||||
| Michael Burns |
Y |
$1,718.87 |
$0.17 |
10,111 |
||||
| Philip Hughes |
Y |
$5,000.04 |
$0.17 |
29,412 |
||||
The Company shall issue a news release when the shares are issued.
________________________________________
NAIKUN WIND ENERGY GROUP INC. ("NKW")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: July 17, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 73,529 shares at a deemed price of $0.17, in consideration of certain services provided to the Company pursuant to agreements dated November 16, 2011, for the quarter ending June 30, 2014.
Insider / Pro Group Participation:
| |
Insider=Y / |
Amount |
Deemed Price |
|
| Michael O'Connor |
Y |
$12,499.93 |
$0.17 |
73,529 |
The Company shall issue a news release when the shares are issued.
________________________________________
PANORO MINERALS ("PML")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 17, 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: |
1,734,897 shares |
|
| Purchase Price: |
$0.42 per share |
|
| Number of Placees: |
one placee |
|
| Insider / Pro Group Participation: |
||
| |
Insider=Y / |
|
| HudBay Minerals Inc. |
Y |
1,734,897 |
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.
________________________________________
PINE CLIFF ENERGY LTD. ("PNE")
BULLETIN TYPE: Halt
BULLETIN DATE: July 17, 2014
TSX Venture Tier 2 Company
Effective at 11:56 a.m., PST, July 17, 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.
________________________________________
POYDRAS GAMING FINANCE CORP. ("PYD") ("PYD.DB.U")
BULLETIN TYPE: Halt
BULLETIN DATE: July 17, 2014
TSX Venture Tier 2 Company
Effective at 7:32 a.m., PST, July 17, 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.
_______________________________________
POYDRAS GAMING FINANCE CORP. ("PYD") ("PYD.DB.U")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 17, 2014
TSX Venture Tier 2 Company
Effective at 8:45 a.m., PST, July 17, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
ROOSTER ENERGY LTD. ("COQ")
BULLETIN TYPE: Halt
BULLETIN DATE: July 17, 2014
TSX Venture Tier 1 Company
Effective at 6:56 a.m., PST, July 17, 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.
________________________________________
ROOSTER ENERGY LTD. ("COQ")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 17, 2014
TSX Venture Tier 1 Company
Effective at 8:45 a.m., PST, July 17, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
ROUGHRIDER EXPLORATION LIMITED ("REL")
[formerly Westham Resources Corp. ("WHR.P")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Property-Asset or Share Purchase Agreement, Private Placement-Non-Brokered, Name Change, and Resume Trading
BULLETIN DATE: July 17, 2014
TSX Venture Tier 2 Company
Qualifying Transaction-Completed/New Symbol
TSX Venture Exchange Inc. (the 'Exchange') has accepted for filing Roughrider Exploration Limited (formerly Westham Resources Corp.) (the 'Company') Qualifying Transaction described in its filing statement (the 'Filing Statement') dated July 10, 2014. As a result, effective at the opening on Friday, July 18, 2013, the trading symbol for the Company will change from WHR.P to REL and the Company will no longer be considered a Capital Pool Company.
The Qualifying Transaction includes the following matters, all of which have been accepted by the Exchange.
Property-Asset or Share Purchase Agreement
The Company entered into a mining option agreement (the 'Agreement') dated July 10, 2014, among the Company and Kivalliq Energy Corporation ('Kivalliq') in respect of the Genesis property, located in Saskatchewan (the 'Property'). Pursuant to the Agreement, the Company obtained the option to earn up to an 85% interest in the Property for the following consideration:
| CASH |
SHARES |
EXPLORATION |
||
| On Exchange approval |
$125,000 |
1,969,828 |
- |
|
| On or before December 31, 2014 |
- |
- |
$1,000,000 |
|
| On or before August 31, 2016 |
$175,000 |
1,969,828 |
$1,500,000 |
|
| On or before August 31, 2017 |
$250,000 |
- |
- |
|
| On or before August 31, 2018 |
$450,000 |
- |
$2,500,000 |
|
| Total |
$1,000,000 |
3,939,656 |
$5,000,000 |
|
The Exchange has been advised that the Qualifying Transaction has been completed. The full particulars of the Company's Qualifying Transaction are set forth in the Filing Statement dated July 15, 2014, which has been accepted for filing by the Exchange and which is available under the Company's profile on SEDAR.
Private Placement-Non-Brokered
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 21, 2014:
| Number of Shares: |
12,528,454 shares |
||
| Purchase Price: |
$0.22 per share |
||
| Warrants: |
6,264,226 share purchase warrants to purchase 6,264,226 shares |
||
| Warrant Exercise Price: |
$0.35 for a three year period |
||
| Number of Placees: |
113 placees |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / |
|||
| Name |
ProGroup=P |
# of Shares |
|
| Wayne Hewgil |
Y/P |
100,000 |
|
| Kitco Gibson Capital Corp. (S.Gibson) |
Y |
455,000 |
|
| Dale Wallster |
Y |
50,000 |
|
| Ockham Capital Corp. (J.Sujir) |
Y |
22,500 |
|
| Aggregate Pro Group Involvement |
P |
1,363,000 |
|
| [8 placees] |
|||
| Finder's Fee: |
$10,520.40 and 47,820 Finder's Warrants payable to Wolverton Securities Ltd. |
||
| $48,985.20 and 222,660 Finder's Warrants payable to Haywood Securities Inc. |
|||
| $10,890 and 49,500 Finder's Warrants payable to BMO Nesbitt Burns Inc. |
|||
| $2,310 and 10,500 Finder's Warrants payable to Develco Capital |
|||
| $30,690 and 139,500 Finder's Warrants payable to Sprott Global Resource Investments Ltd. |
|||
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.
Name Change and Resume Trading
Pursuant to a resolution passed by directors on May 21, 2014, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening on Friday, July 18, 2014, the common shares of Roughrider Exploration Limited will commence trading on the Exchange, and the common shares of Westham Resources Corp. will be delisted. The Company is classified as a 'Junior Mining' company.
Capitalization: Unlimited shares with no par value of which
19,698,282 shares are issued and outstanding
Escrow: 3,240,000 escrowed shares
Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: REL (new)
CUSIP Number: 77910P 10 1 (new)
________________________________________
SEARCH MINERALS INC. ("SMY")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 17, 2014
TSX Venture Tier 2 Company
Search Minerals Inc. ('Search') announced on July 16, 2014 that it will not be proceeding with its proposed share purchase agreement (the 'Agreement') dated January 22, 2014 among Search, Brasilis Kaduna Consultoria e Participações Ltda. and MS Marpin Consultoria e Participações Ltda., pursuant to which the Company had proposed to acquire the outstanding quotas of Mineração São Francisco de Assis Ltda. The Agreement was previously announced January 27, 2014.
Effective at the open, Friday, July 18, 2014, the common shares of Search will resume trading.
________________________________________
SEARCHTECH VENTURES INC. ("MJN.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: July 17, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated July 17, 2014, effective at 11:49 a.m.,
July 17, 2014,trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding a Qualifying Transaction pursuant to TSXV Listings Policy 2.4. 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.
________________________________________
SOLOMON RESOURCES LIMITED ("SRB")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Shares for Bonuses, Loan
BULLETIN DATE: July 17, 2014
TSX Venture Tier 1 Company
Property-Asset or Share Purchase Agreement:
TSX Venture Exchange (the 'Exchange') has accepted for filing documentation pertaining to an option agreement (the 'Agreement') dated March 21, 2014 between Solomon Resources Limited (the 'Company'), and Helio Resources Corp. ('Helio'), pursuant to which Helio has agreed to grant the Company an option (the 'Option') to earn up to a 60% interest in the Damara Gold and Tin Property (the 'Property'). The Option may be exercised by the Company in satisfaction of the following:
|
|
EXPLORATION |
|
| On Exchange approval (the 'Approval date') |
2,500,000 |
0 |
| Within 1 year of the Approval date |
2,500,000 |
$300,000 |
| Within 2 years of the Approval date |
5,000,000 |
$500,000 |
| Within 3 years of the Approval date |
5,000,000 |
$700,000 |
| Total |
15,000,000 |
$1,500,000 |
By fulfilling the obligations indicated above, the Company will hold a 51% interest in the Property. Subject to earning its 51% interest in the Property, the Company will have the option to earn a further 9% (cumulative 60%) by the issuance of 5,000,000 further shares and incurring another $1,500,000 in exploration expenditures within 4 years of the Approval date.
Martyn Element and Associates will receive a finder's fee of 10% of the number of shares to be issued under the Agreement.
For additional information please refer to the Company's news releases dated March 27, 2014 and July 16, 2014.
Shares for Bonuses and Loan:
In connection with the above, the Exchange has also accepted for filing the Company's proposal to issue 200,000 bonus shares at a deemed price of $0.05 per share in consideration of a loan in the principal amount of $50,000.00. The loan bears interest at a rate of 15% per annum and matures 24 months from the date of advance of funds.
___________________________
STARLIGHT U.S. MULTI-FAMILY CORE FUND ("UMF.A") ("UMF.U")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: July 17, 2014
TSX Venture Tier 1 Company
| The Issuer has declared the following dividend(s): |
|
| Dividend per Class A Share: |
CDN$0.05833 |
| Payable Date: |
August 15, 2014 |
| Record Date: |
July 31, 2014 |
| Ex-Dividend Date: |
July 29, 2014 |
| Dividend per Class U Share: |
US$0.05833 |
| Payable Date: |
August 15, 2014 |
| Record Date: |
July 31, 2014 |
| Ex-Dividend Date: |
July 29, 2014 |
________________________________________
STARLIGHT U.S. MULTI-FAMILY NO.2 CORE FUND ("SUD.A") ("SUD.U")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: July 17, 2014
TSX Venture Tier 1 Company
| The Issuer has declared the following dividend(s): |
|
| Dividend per Class A Share: |
CDN$0.05833 |
| Payable Date: |
August 15, 2014 |
| Record Date: |
July 31, 2014 |
| Ex-Dividend Date: |
July 29, 2014 |
| Dividend per Class U Share: |
US$0.05833 |
| Payable Date: |
August 15, 2014 |
| Record Date: |
July 31, 2014 |
| Ex-Dividend Date: |
July 29, 2014 |
________________________________________
NEX COMPANIES:
CBD MED RESEARCH CORP. ("CBM.H")
[formerly Exchequer Resource Corp. ("EXQ.H")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: July 17, 2014
NEX Company
Pursuant to a resolution passed by shareholders on June 25, 2014, the Company has consolidated its capital on a ten (10) old for one (1) new basis. The name of the Company has also been changed as follows.
Effective at the opening on Friday, July 18, 2014, the common shares of CBD MED Research Corp. will commence trading on TSX Venture Exchange, and the common shares of Exchequer Resource Corp. will be delisted. The Company is classified as a 'Temporarily Unclassified' company.
Post - Consolidation
Capitalization: Unlimited shares with no par value of which
2,801,663 shares are issued and outstanding
Escrow: Nil shares
Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: CBM.H (new)
CUSIP Number: 12481B108 (new)
________________________________________
NORTHERN ASPECT RESOURCES LTD. ("NTH.H")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: July 17, 2014
NEX Company
Further to TSX Venture Exchange Bulletins dated December 31, 2013 and April 3, 2014, the Company has now complied with the reinstatement requirements of Exchange Policy 2.9.
Effective at the opening on Friday, July 18, 2014, trading will be reinstated in the securities of the Company.
Please refer to the Company's press release of July 17, 2014 for further details.
________________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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