VANCOUVER, Aug. 8, 2014 /CNW/ -
TSX VENTURE COMPANIES:
ACT AURORA CONTROL TECHNOLOGIES CORP. ("ACU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 8, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 18, 2014:
| Number of Shares: |
2,945,000 shares |
| Purchase Price: |
$0.37 per share |
| Warrants: |
1,472,500 share purchase warrants to purchase 1,472,500 shares |
| Warrant Exercise Price: |
$0.50 for an 18-month period |
| Number of Placees: |
18 placees |
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aran Asset Management SA |
Y |
1,300,000 |
| Finders' Fees: |
Canaccord Genuity Corp. - $12,950.00 and 35,000 Warrants that are exercisable into common shares at $0.50 per share for an 18-month period. |
| Euro Pacific Canada Inc. - $24,346.00 and 24,346 Warrants that are exercisable into common shares at $0.50 per share for an 18-month period. |
|
| Mackie Research Capital Corporation - $777.00 and 2,100 Warrants that are exercisable into common shares at $0.50 per share for an 18-month period. |
|
| Beruscha Capital sro (Brook Riggins) - $37,202.50 and 103,250 Warrants that are exercisable into common shares at $0.50 per share for an 18-month period. |
|
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.
________________________________________
AFRICAN QUEEN MINES LTD. ("AQ")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 8, 2014
TSX Venture Tier 2 Company
Effective at the Opening on Monday, August 11, 2014, shares of the Company will resume trading.
The Company has advised that it has entered into a Termination Agreement with XORTX Pharma Corp. ("XORTX") to terminate by mutual agreement its acquisition of all of the outstanding shares of XORTX and therefore, the proposed Reverse Take-Over shall not proceed.
________________________________________
ALSTON ENERGY INC. ("ALO.H")
[formerly Alston Energy Inc. ("ALO")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: August 8, 2014
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening, Monday, August 11, 2014, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Calgary to NEX.
As of August 11, 2014, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.
The trading symbol for the Company will change from ALO to ALO.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.
Further to the TSX Venture Exchange bulletin dated May 6, 2014, trading in the securities of the Company will remain suspended.
_______________________________________
AVANTI MINING INC. ("AVT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: August 8, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 63,435,919 shares to settle outstanding debt for $3,845,314.43.
Number of Creditors: 2 Creditors
Insider / Pro Group Participation:
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Resource Capital Fund IV L.P. |
Y |
$542,724.99 |
$0.05 |
10,854,500 |
| Resource Capital Fund IV L.P. |
Y |
$266,650.00 |
$0.1105 |
2,413,122 |
| Resource Capital Fund IV L.P. |
Y |
$532,400.00 |
$0.05 |
10,648,000 |
| Resource Capital Fund VI L.P. |
Y |
$1,007,644.11 |
$0.05 |
20,152,882 |
| Resource Capital Fund VI L.P. |
Y |
$963,495.33 |
$0.1105 |
8,719,415 |
| Resource Capital Fund VI L.P. |
Y |
$532,400.00 |
$0.05 |
10,648,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
CHESAPEAKE GOLD CORP. ("CKG")
BULLETIN TYPE: Halt
BULLETIN DATE: August 8, 2014
TSX Venture Tier 1 Company
Effective at 9:08 a.m., PST, August 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.
________________________________________
CHESAPEAKE GOLD CORP. ("CKG")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 8, 2014
TSX Venture Tier 1 Company
Effective at 10:00 a.m., PST, August 8, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
CORNERSTONE CAPITAL RESOURCES INC. ("CGP.WT.S")
BULLETIN TYPE: New Listing-Warrants, Correction
BULLETIN DATE: August 8, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated August 7, 2014, the Bulletin should have read as follows:
| Capitalization: |
26,666,667 |
warrants are issued and outstanding |
The remainder of the bulletin remains unchanged.
________________________________________
FALCON GOLD CORP. ("FG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 8, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of an Option and Joint Venture Agreement dated June 6, 2014 between Falcon Gold Corp. (the "Company") and Canyon Copper Corp. (the "Optionor") whereby the Company may acquire up to an 80% interest in the New York Canyon Property (the "Property") located in Santa Fe Mining District, Mineral County, Nevada. In consideration, the Company will pay a total of 150,000 cash; will issue a total of up to 2,500,000 shares and 500,000 warrants in stages and conduct exploration commitments of $2,000,000 in stages as follows:
First Option: to acquire up to a 60% interest over four years.
| CASH |
SHARES |
EXPLORATION EXPENSES |
|
| Year 1 |
$40,000 |
500,000 and 500,000 warrants |
$100,000 |
| Year 2 |
$20,000 |
500,000 |
$500,000 |
| Year 3 |
$40,000 |
500,000 |
$500,000 |
| Year 4 |
$50,000 |
0 |
$900,000 |
Each warrant is exercisable into a common share of the Company at $0.10 per share for a period of two years.
Second Option: to increase holding up to 80% interest.
| CASH |
SHARES |
EXPLORATION EXPENSES |
||
| Year 5 |
0 |
700,000 |
See Note |
|
| Year 6 |
0 |
300,000 |
0 |
|
Note: Complete a preliminary economic assessment within 24 months of election of the second option.
| Finders' Fees: |
Stephen Wilkinson will receive a finder's fee of 165,000 shares. |
| Mark Reynolds will receive a finder's fee of 165,000 shares. |
|
________________________________________
GOLDSTRIKE RESOURCES LTD. ("GSR")
BULLETIN TYPE: Halt
BULLETIN DATE: August 8, 2014
TSX Venture Tier 2 Company
Effective at 9:05 a.m., PST, August 8, 2014, trading in the shares of the Company was halted pending Company contact. 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.
________________________________________
GOLDSTRIKE RESOURCES LTD. ("GSR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 8, 2014
TSX Venture Tier 2 Company
Effective at 11:45 a.m., PST, August 8, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
GRAPHENE 3D LAB INC. ("GGG")
[formerly Matnic Resources Inc.("MIK")]
BULLETIN TYPE: Reverse Takeover-Completed, Name Change, Non-Brokered Private Placement, Resume Trading
BULLETIN DATE: August 8, 2014
TSX Venture Tier 2 Company
RESUME TRADING:
Effective at the Opening on Monday, August 11, 2014, trading shall resume.
The TSX Venture Exchange has accepted for filing the Company's Reverse Take-Over ("RTO"), which includes the following transactions:
1. ACQUISITION:
The acquisition of Graphene 3D Lab (U.S.) Inc. for a consideration of 25,600,000 shares plus 4,500,000 warrants exercisable at $0.07 per share until March 25, 2017.
Insider/Pro-Group Participation: N/A
The Exchange has been advised that the above transaction, approved by the shareholders by way of consent effective on July 30, 2014 has been completed.
2. NAME CHANGE:
Pursuant to a resolution passed by the directors on August 6, 2014, the Company has changed its name as follows: There is no consolidation of capital.
Effective at the Opening on Monday, August 11, 2014, the common shares of Graphene 3D Lab Inc. will commence trading on TSX Venture Exchange and the common shares of MatNic Resources Inc. will be delisted. The Company is classified as a "Technology" company.
| Capitalization: |
Unlimited |
shares with no par value of which |
| 39,167,500 |
shares are issued and outstanding |
|
| Escrow: |
21,347,500 |
shares subject to Escrow |
| Transfer Agent: |
Computershare Investors Services Inc. |
|
| Trading Symbol: |
GGG |
(new) |
| CUSIP Number: |
38866T 10 9 |
(new) |
The capitalization figures are after giving effect to the transactions as stated in this bulletin.
3. PRIVATE PLACEMENT-NON-BROKERED
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on April 10, 2014, April 24, 2014, June 13, 2014 and July 14, 2014.
| Number of Shares: |
7,200,000 shares |
| Purchase Price: |
$0.25 per share |
| Number of Placees: |
19 placees |
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Lomiko Technologies Inc. |
Y |
1,200,000 |
| Aggregate Pro-Group Involvement |
P |
900,000 |
| [2 placees] |
||
| Finder's Fee: |
$350 payable to Canaccord Genuity Corp. |
| $124,250 payable to Numus Financial Inc. |
|
| Company Contact: |
Robert Randall, CFO |
| Company Address: |
4603 Middle Country Road, Suite 111, Calverton, NY 11933, USA |
| Company Phone Number: |
(516) 375-9901 |
| Company Fax Number: |
Nil |
| Company Email Address: |
|
________________________________________
LUMINA COPPER CORP. ("LCC")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: August 8, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 20,000 shares at a deemed price of $10.00 in consideration of certain services provided to the Company pursuant to a Services Compensation Agreement. This issuance represents the final amount owing pursuant to the services compensation agreement.
The Company shall issue a news release when the shares are issued.
________________________________________
LUND ENTERPRISES CORP. ("LEN")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: August 8, 2014
TSX Venture Tier 2 Company
Further to the bulletin dated August 6, 2014 with respect to the private placement of 3,000,000 units at $0.10 per unit, TSX Venture Exchange has been advised that Elizabeth Anderson was incorrectly identified as an Insider of the Company.
The rest of the bulletin remains unchanged.
________________________________________
MEGA PRECIOUS METALS INC. ("MGP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 8, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 17, 2014, June 25, 2014 and July 11, 2014:
| Number of Shares: |
3,930,045 Non Flow-through shares |
| Purchase Price: |
$0.11 per share |
| Number of Shares: |
40,694,766 Flow-through shares |
| Purchase Price: |
$0.12 per share |
| Warrants: |
22,312,406 share purchase warrants to purchase 22,312,406 shares |
| Warrant Exercise Price: |
$0.15 for an 18 month period |
| Number of Placees: |
56 placees |
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Nathan Lance Dyll |
Y |
40,000 |
| Glen Kuntz |
Y |
83,000 |
| Sheldon Inwentash |
Y |
2,500,000 |
| Finders' Fees: |
The Alyris Group (Steve Filipovic, Dan Mechis, Ewan Downie) - $2,555 cash and 21,954 warrants payable. |
| Generic Capital Corp. - $59,350 cash and 493,500 warrants payable. |
|
| Secutor Capital Management Corp. - $100,439 cash and 753,655 warrants payable. |
|
| EMD Financial Inc. - $52,500 cash and 437,500 warrants payable. |
|
| Paradigm Capital Inc. - $10,080 cash and 84,000 warrants payable. |
|
| Oberon Capital Corporation - $43,550 cash and 364,000 warrants payable. |
|
| - Each warrant has the same terms as the offering. |
|
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.
________________________________________
QUARTET RESOURCES LIMITED ("QRL.P")
BULLETIN TYPE: Notice – QT Not Completed – Approaching 24 Months of Listing
BULLETIN DATE: August 8, 2014
TSX Venture Tier 2 Company
The shares of the Company were listed on TSX Venture Exchange on September 10, 2012. The Company, which is classified as a Capital Pool Company ('CPC'), is required to complete a Qualifying Transaction ('QT') within 24 months of its date of listing, in accordance with Exchange Policy 2.4.
The records of the Exchange indicate that the Company has not yet completed a QT. If the Company fails to complete a QT by its 24-month anniversary date of September 10, 2014, the Company's trading status may be changed to a halt or suspension without further notice, in accordance with Exchange Policy 2.4, Section 14.6.
________________________________________
SEARCH MINERALS INC. ("SMY")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: August 8, 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: |
4,532,000 |
| Original Expiry Date of Warrants: |
August 8, 2014 (4,000,000 warrants) |
| August 22, 2014 (532,000 warrants) |
|
| New Expiry Date of Warrants: |
August 8, 2016 and August 22, 2016 |
| Exercise Price of Warrants: |
$0.20 |
These warrants were issued pursuant to a private placement of 4,532,000 shares with 4,532,000 share purchase warrants attached, which was accepted for filing by the Exchange effective August 23, 2012.
________________________________________
SSP OFFSHORE INC. ("SSZ")
BULLETIN TYPE: Halt
BULLETIN DATE: August 8, 2014
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, August 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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