VANCOUVER, Sept. 18, 2014 /CNW/ -
TSX VENTURE COMPANIES:
ALMONTY INDUSTRIES INC. ("AII")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 18, 2014
TSX Venture Tier 1 Company
The TSX Venture Exchange Inc. (the "Exchange") has accepted for filing an agreement for sale of shares dated June 30, 2014 ( the "Agreement") between Almonty Industries Inc. ("Almonty") and Deutsche Rohstoff AG ("DRAG") under which Almonty has agreed to acquire 100% of both Wolfram Camp Mining Pty Ltd. and Tropical Metals Pty Ltd. (which collectively own 100% of the Wolfram Camp tungsten and molybdenum mine in Queensland, Australia) for CAD$18.0 million ( the "Purchase Price").
Under the Agreement Almonty will pay the Purchase Price as follows:
- Almonty will issue to DRAG 12,209,302 common shares at a value of CAD$0.86 per share that represents approximately CAD$10.5 million (this will represent 24.9% of the issued and outstanding common shares of Almonty following closing of the transaction); and
- The remaining purchase price of approximately CAD$7.5 million will be satisfied by Almonty issuing a convertible debenture to DRAG. The convertible debenture will have a maturity of 2.5 years with a coupon of 4%. The convertible debenture may be converted, at the option of DRAG, into common shares of Almonty at a conversion price of CAD$1.45 per share.
The Exchange has been advised that Almonty has received written consent to the transaction from the shareholders of Almonty.
Insider / Pro Group Participation: None
For further information please see the news release dated June 30, 2014 which is available under Almonty's profile on SEDAR.
________________________________________
ATHABASCA URANIUM INC. ("UAX")
BULLETIN TYPE: Consolidation
BULLETIN DATE: September 18, 2014
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders on June 11, 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 on Friday, September 19, 2014, the common shares of Athabasca Uranium Inc. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration/Development' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 6,852,958 |
shares are issued and outstanding |
|
| Escrow |
Nil |
shares |
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
UAX |
(UNCHANGED) |
| CUSIP Number: |
04682Q 20 8 |
(new) |
________________________________________
BELLHAVEN COPPER & GOLD INC. ("BHV")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment:
BULLETIN DATE: September 18, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated September 17, 2014, the Exchange has accepted an amendment with respect to a Non-Brokered Private Placement announced March 13, 2014:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 13, 2014:
The remainder of the bulletin remains unchanged.
________________________________________
BRIGADIER GOLD LIMITED ("BRG")
BULLETIN TYPE: Warrant Term Extension, Remain Halted
BULLETIN DATE: September 18, 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: |
1,950,001 |
| Original Expiry Date of Warrants: |
September 21, 2014 |
| New Expiry Date of Warrants: |
September 21, 2015 |
| Exercise Price of Warrants: |
$0.10 |
These warrants were issued pursuant to a private placement of 10,000,004 shares with 10,000,004 share purchase warrants attached, which was accepted for filing by the Exchange on September 26, 2012.
Trading of Company's common shares remain halted.
________________________________________
DURANGO RESOURCES INC. ("DGO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 18, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 16, 2014:
| Number of Shares: |
714,285 shares |
| Purchase Price: |
$0.07 per share |
| Warrants: |
242,200 share purchase warrants to purchase 242,200 shares |
| Warrant Exercise Price: |
$0.10 for a two year period |
| Number of Placees: |
1 placee |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
________________________________________
EL NINO VENTURES INC. ("ELN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 18, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced May 21, 2014, June 18, 2014 and June 30, 2014:
| Number of Shares: |
3,875,715 non flow-through shares |
|
| Purchase Price: |
$0.07 per share |
|
| Warrants: |
1,937,858 share purchase warrants to purchase 1,937,858 shares |
|
| Warrant Exercise Price: |
$0.14 for a one year period. If the volume weighted average trading |
|
| price is at $0.25 or higher for 10 consecutive trading days at any |
||
| time after four months and one day after closing the Company may, |
||
| upon giving notice to the warrantholder, shorten the expiry date of |
||
| the warrants to 30 days from the date of notice. |
||
| Number of Placees: |
1 placee |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| MMG Africa Investments Limited |
||
| (Andrew Michelmore) |
Y |
3,875,715 |
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.
________________________________________
HOMBRE CAPITAL INC. ("HOM")
[formerly Hombre Capital Inc. ("HOM.P")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Resume Trading
BULLETIN DATE: September 18, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing Hombre Capital Inc.'s (the "Company") Qualifying Transaction described in its filing statement dated August 19, 2014 (the "Filing Statement"). As a result, at the opening on Friday, September 19, 2014, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following:
1. Qualifying Transaction:
The Qualifying Transaction consists of the arm's length acquisition of all shares of Novateqni Hong Kong Limited ("Novateqni") for a consideration of 14,000,000 shares of the Company at $0.15 per share ($2,100,000) pursuant to a Share Acquisition Agreement dated May 8, 2014 among the Company, Novateqni, and NovaMeric (Pty) Ltd. ("NovaMeric") ("Share Acquisition Agreement").
For further information on the Qualifying Transaction, please refer to the Company's Filing Statement available on SEDAR.
The Exchange has been advised that the above transaction has been completed.
| Capitalization: |
Unlimited |
shares with no par value of which |
| 23,902,321 |
shares are issued and outstanding |
|
| Escrow: |
14,924,051 |
shares are subject to 36 months staged release escrow |
| Symbol: |
HOM |
same symbol as CPC but with .P removed |
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| The Company is classified as a "Technology" company. |
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| Company Contact: |
Riaz Sumar, CFO |
|
| Company Address: |
Bay 6, Suite 200 – 4500 5th Street NE |
|
| Calgary, AB T2E 7C3 |
||
| Company Phone Number: |
403-389-6939 |
|
| Company Fax Number: |
403-770-8060 |
|
| Company Email Address: |
||
2. Resume Trading
Further to the Exchange Bulletin dated August 21, 2014, the Company has now completed a Qualifying Transaction.
Effective at the opening on Friday, September 19, 2014, trading in the Company's shares will resume.
_______________________________________
IMPERUS TECHNOLOGIES CORP. ("LAB")
[formerly ISIS Lab Corporation ("LAB")]
BULLETIN TYPE: Name Change
BULLETIN DATE: September 18, 2014
TSX Venture Tier 2 Company
The Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening, Friday, September 19, 2014, the common shares of Imperus Technologies Corp. will commence trading on TSX Venture Exchange, and the common shares of ISIS Lab Corporation will be delisted. The Company is classified as a 'Computer Systems Design and Related Services' company.
| Capitalization: |
Unlimited |
shares with no par value of which |
| 57,267,692 |
shares are issued and outstanding |
|
| Escrow: |
15,527,788 |
shares |
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
LAB |
(UNCHANGED) |
| CUSIP Number: |
45321F103 |
(NEW) |
________________________________________
MADALENA ENERGY INC. ("MVN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 18, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a Share Purchase Agreement dated May 29, 2014 (the "Agreement") between Madalena Energy Inc. (the "Company") and Gran Tierra Energy Inc. (the "Vendor"), whereby the Company will acquire all of the issued and outstanding shares of certain direct and indirect wholly-owned subsidiaries of the Vendor. In consideration, the Company will pay USD$49 million in cash and issue 29,831,537 common shares of the Company ("Shares") at a deemed price of $0.51 per share.
Insider / Pro Group Participation: None
For further information, please refer to the Company's press releases dated May 29, 2014 and June 25, 2014
________________________________________
ORACLE ENERGY CORP. ("OEC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 18, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 17, 2014:
| Number of Shares: |
8,090,000 shares |
|
| Purchase Price: |
$0.10 per share |
|
| Warrants: |
4,045,000 share purchase warrants to purchase 4,045,000 shares |
|
| Warrant Exercise Price: |
$0.15 for a three year period |
|
| Number of Placees: |
16 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Firebrand Ventures Ltd. |
||
| (Nasim Tyab) |
Y |
700,000 |
| MK Resource Management |
||
| (Art Green) |
Y |
800,000 |
| Peter Francis |
Y |
500,000 |
| Darrell McKenna |
Y |
3,000,000 |
| Finder's Fee: |
$9,500 plus 9,500 warrants is payable to Foster & Associates |
|
| Financial Services |
||
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.
________________________________________
SAHARA ENERGY LTD. ("SAH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 18, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 8, 2014 and closed August 21, 2014:
| Number of Shares: |
200,000,000 shares |
|
| Purchase Price: |
195,000,000 shares at $0.08 per share |
|
| 5,000,000 shares at $0.12 per share |
||
| Warrants: |
None |
|
| Number of Placees: |
1 placee |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| JF Investment (Hong Kong) Co., |
||
| Limited |
Y |
200,000,000 |
| Finder's Fee: |
None |
|
________________________________________
SOLVISTA GOLD CORPORATION ("SVV")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 18, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Letter Agreement (the "Agreement"), dated September 15, 2014 between Solvista Gold Corporation (the "Company"), and Tolima Gold Inc. - a TSX Venture listed company (the "Vendor"). The Agreement amends and replaces the existing option agreement dated April 29, 2012 whereby the Company would earn an initial 50% interest in certain mineral properties (the "Properties") located in the Departments of Caldas and Antioquia, Columbia (further described in the Exchange bulletin dated May 8, 2012). Pursuant to the Agreement, the Company and the Vendor shall enter into a new arrangement under which the two parties shall jointly control the Properties through a newly incorporated Columbian entity.
Under the terms of the Agreement, the Company shall pay $25,000 plus issue 400,000 common shares to the Vendor as consideration.
For further details, please refer to the Company's news release dated September 15, 2014.
________________________________________
TURQUOISE CAPITAL CORP. ("TQC.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: September 18, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated September 17, 2014, effective at 11:00 A.M., September 18, 2014, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the 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.
________________________________________
ULTRA LITHIUM INC. ("ULI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 18, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 18, 2014:
| Number of Shares: |
20,000,000 shares |
| Purchase Price: |
$0.05 per share |
| 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.
________________________________________
WESTSTAR RESOURCES CORP. ("WER")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 18, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced September 16, 2014:
| Number of Shares: |
8,140,000 shares |
|
| Purchase Price: |
$0.05 per share |
|
| Warrants: |
8,140,000 share purchase warrants to purchase 8,140,000 shares |
|
| Warrant Exercise Price: |
$0.075 for a two year period |
|
| Number of Placees: |
23 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Patrick Meagher |
Y |
210,000 |
| Sunshrine Capital Corp. |
||
| (W.Rascan) |
Y |
1,800,000 |
| Finder's Fee: |
$5,800 payable to Salvatore Ciccone |
|
| $7,000 payable to Piow Ng |
||
| $1,100 payable to Frank Mandarino |
||
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.
________________________________________
WPC RESOURCES INC. ("WQP")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 18, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of an Agreement dated May 15, 2014 between WPC Resources Inc. (the "Company") and Innukshuk Exploration Inc. ("Innukshuk") whereby the Company will purchase 100% of the outstanding shares of Innukshuk. Innukshuk holds title over the Hood River Property (the "Property") located in Canada's Arctic region, approximately 530 km north-north-east of Yellowknife and 125 km west of Bathurst Inlet, Nunavut.
The Company has the right to purchase 100% of Innukshuk for 8,000,000 common shares of the Company, the Company making advance royalty payments totaling $500,000 over a three year period and the Company funding all expenditures needed to maintain the Property.
There is a 3% net smelter return royalty payable to Innukshuk.
________________________________________
WPC RESOURCES INC. ("WQP")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 18, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of a Property Option Agreement dated May 30, 2014 between WPC Resources Inc. (the "Issuer") and Elgin Mining Inc. ("Elgin") and Bonito Capital Corp. ("Bonito") whereby the Issuer may acquire up to an 80% interest in the Ulu Property (the "Property"), located 530 km north of Yellowknife, NWT within the Kitikmeot Settlement Area of Nunavut. Bonito is the 100% direct owner of the Property and is 100% held by Elgin.
To earn an initial 70%, the Issuer will pay a total of $500,000 cash; will issue a total of 20,000,000 shares in stages and conduct exploration commitments of $2,000,000 in stages as follows:
| CASH |
SHARES |
EXPLORATION EXPENSES |
|
| Year 1 |
$125,000 |
5,000,000 |
n/a |
| Year 2 |
$125,000 |
5,000,000 |
$300,000 |
| Year 3 |
$125,000 |
5,000,000 |
$700,000 |
| Year 4 |
$125,000 |
5,000,000 |
$1,000,000 |
An additional 10% (for a total of 80% interest) may be earned by completing a bankable feasibility study within 18 months of earning the 70% interest, and replacing 80% of the full environmental security bond held by Elgin on the Property.
________________________________________
NEX COMPANY:
PALO DURO ENERGY INC. ("PDE.H")
BULLETIN TYPE: Halt
BULLETIN DATE: September 18, 2014
NEX Company
Effective at 9:16 a.m., PST, September 18, 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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