VANCOUVER, Oct. 3, 2014 /CNW/ -
TSX VENTURE COMPANIES:
APIVIO SYSTEMS INC. ("APV")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: October 3, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced June 30, 2014 and September 2, 2014:
| Number of Shares: |
3,225,000 shares |
| Purchase Price: |
$0.35 per share |
| Warrants: |
3,225,000 share purchase warrants to purchase 3,225,000 shares |
| Warrant Exercise Price: |
$0.55 for a two year period. The warrants are subject to an accelerated exercise provision in the even the Company's shares trade at $0.85 or greater for a period of 20 consecutive trading days. |
| Number of Placees: |
34 placees |
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Rajeev Bakshi |
Y |
70,000 |
| Finder's Fee: |
PI Financial Corp. - $90,305.60 and 258,016 Compensation Options that are exercisable into common shares at $0.35 per share for a 24 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.
________________________________________
AVALA RESOURCES LTD. ("AVZ")
BULLETIN TYPE: Plan of Arrangement
BULLETIN DATE: October 3, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an Arrangement Agreement (the "Agreement") dated August 15, 2014 between Avala Resources Ltd. ("Avala") and Dunav Resources Ltd. ("Dunav") - a TSX Venture listed company, whereby Avala shall acquire all of the issued and outstanding common shares of Dunav.
Under the terms of the Agreement, Dunav shareholders will receive (1.0457) of the Avala's common shares for every one (1) Dunav common share held. The Agreement was approved by the shareholders of Avala in a meeting held on September 30, 2014 and received approval from the Supreme Court of British Columbia on October 1, 2014.
As a result of the transaction, a total of approximately 435,941,493 common shares, 98,639,196 warrants and 22,997,401 options will be issued and outstanding.
For further details, please refer to the Avala and Dunav Management Information Circular dated August 20, 2014 and news release dated August 18, 2014.
| Capitalization: |
Unlimited |
shares with no par value of which |
| 435,941,493 |
shares are issued and outstanding |
|
| Escrow: |
nil |
shares |
| Transfer Agent: |
Olympia Transfer Company |
|
| Trading Symbol: |
AVZ |
(UNCHANGED) |
| CUSIP Number: |
05337B108 |
(UNCHANGED) |
________________________________________
CANAMEX RESOURCES CORP. ("CSQ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 3, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 8, 2014:
| Number of Shares: |
7,258,234 shares |
| Purchase Price: |
$0.21 per share |
| Warrants: |
3,629,118 share purchase warrants to purchase 3,629,118 shares |
| Warrant Exercise Price: |
$0.30 for a two year period |
| Number of Placees: |
11 placees |
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Starkkollections (Mike Stark) |
Y |
238,095 |
| Mark Billings |
Y |
119,048 |
| Gergory A. Hahn |
Y |
476,191 |
| Hecla Canada Ltd. (Phillip S. Baker, Jr.) |
Y |
3,095,238 |
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.
________________________________________
CRAIG WIRELESS SYSTEMS LTD. ("CWG")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Note
BULLETIN DATE: October 3, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 8, 2014:
| Convertible Note: |
USD$2,000,000 |
| Conversion Price: |
Convertible into subordinate voting shares ("Share") at a price of CAD$0.08 per Share until June 6, 2015, and at a price of CAD$0.10 per Share from June 7, 2015 until expiry on December 31, 2015 |
| Maturity date: |
December 31, 2015 |
| Interest rate: |
12.0% |
| Number of Placees: |
2 placees |
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P |
Principal Amount |
| S. Miles Craig |
Y |
$1,000,000 |
| J. Drew Craig |
Y |
$1,000,000 |
| Finder's Fee: |
None |
|
Please see the Company's press release dated September 9, 2014 for further information.
________________________________________
ELECTRA GOLD LTD. ("ELT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 3, 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 October 1, 2014:
| Number of Shares: |
4,660,000 shares |
| Purchase Price: |
$0.05 per share |
| Warrants: |
4,660,000 share purchase warrants to purchase 4,660,000 shares |
| Warrant Exercise Price: |
$0.10 for a two year period |
| Number of Placees: |
39 placees |
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| David Hodge |
Y |
500,000 |
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.
________________________________________
KAIROS CAPITAL CORPORATION ("KRS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 3, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a Purchase and Option Cancelling Agreement dated July 16, 2014 (the "Agreement") between the Company and Polar Star Mining Corporation ("Polar Star"). As per the terms of the Agreement, the company acquired 100% interest in the Salvadora Property and the remaining 50% interest in the Fortuna Property. In consideration, the Company issued 3,750,000 common shares at a deemed price of $0.10 per share. This is a non-arm's length transaction as the Company and Polar Star have common directors and principal shareholders.
________________________________________
KAIZEN DISCOVERY INC. ("KZD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 3, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 3, 2014:
| Number of Shares: |
2,818,000 shares |
| Purchase Price: |
$0.44 per share |
| Number of Placees: |
2 placees |
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aggregate Pro Group Involvement |
P |
18,000 |
| [1 placee] |
||
| Finder's Fee: |
none payable |
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.
________________________________________
KENNADY DIAMONDS INC. ("KDI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 3, 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: |
769,500 shares |
| Purchase Price: |
$6.50 per share |
| Number of Placees: |
23 placees |
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Dermot Desmond |
Y |
538,000 |
| Aggregate Pro Group Involvement |
P |
45,000 |
| [4 placee(s)] |
||
| Finder's Fee: |
$11,407 payable to Strauss Partners Ltd. |
|
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
________________________________________
MANITEX CAPITAL INC. ("MNX")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: October 3, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an Asset Purchase Agreement (the "Agreement"), dated July 11, 2014, between Valeo Pharma Inc. – a 40% owned subsidiary of Manitex Capital Inc. (the "Vendor") and Valeant Canada LP (the "Purchaser"), whereby the Vendor has completed the sale of its dermatology portfolio and several specialty products for aggregate consideration of $25.3 million, of which $18.3 million will be paid in cash on closing with the balance subject to certain post-closing adjustments to take place over a three year period.
For further information, please refer to the Company's news release dated August 25, 2014.
________________________________________
MED BIOGENE INC. ("MBI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 3, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 5, 2014:
| Number of Shares: |
4,000,000 shares |
| Purchase Price: |
$0.05 per share |
| Warrants: |
4,000,000 share purchase warrants to purchase 4,000,000 shares |
| Warrant Exercise Price: |
$0.10 for a two year period |
| Number of Placees: |
4 placees |
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Ian Weir-Jones |
Y |
1,000,000 |
| Toby Weir-Jones |
Y |
500,000 |
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.]
________________________________________
MEDIAVALET INC. ("MVP ")
[formerly VRX Worldwide Inc. ("VRW")]
BULLETIN TYPE: Name Change
BULLETIN DATE: October 3, 2014
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening on Monday, October 6, 2014, the common shares of MediaValet Inc. will commence trading on TSX Venture Exchange, and the common shares of VRX Worldwide Inc. will be delisted. The Company is classified as an 'Internet Marketing' company.
| Capitalization: |
Unlimited |
shares with no par value of which |
| 57,910,905 |
shares are issued and outstanding |
|
| Escrow: |
Nil |
Escrowed Shares |
| Transfer Agent: |
Equity Transfer Services |
|
| Trading Symbol: |
MVP |
(new) |
| CUSIP Number: |
58450L106 |
(new) |
________________________________________
MEDMIRA INC. ("MIR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 3, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 2, 2014:
| Number of Shares: |
22,000,000 shares |
| Purchase Price: |
$0.05 per share |
| Warrants: |
22,000,000 share purchase warrants to purchase 22,000,000 shares |
| Warrant Exercise Price: |
$0.10 for a four year period |
| Number of Placees: |
1 placee |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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.
________________________________________
MINERA ALAMOS INC. ("MAI")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: October 3, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 543,571 common shares at a deemed price of $0.20 per share in order to settle an outstanding debt of $108,714. These shares are to be issued as payment of accrued interest relating to existing debt instruments.
| Number of Creditors: |
8 creditors |
Insider / Pro Group Participation: N/A
The Company has announced that settlement of debt pursuant to a news release dated August 20, September 16, 18 and 23, 2014.
_______________________________________
MINERA ALAMOS INC. ("MAI")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture
BULLETIN DATE: October 3, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the issuance of Convertible Debentures in exchange of the conversion of existing promissory notes amounting a total of $225,000, as announced by the Company on August 20, September 16, 18 and 23, 2014.
| Convertible Debt: |
$225,000 |
| Conversion Price: |
The principal is convertible into Units of the Company at a price of $0.20 per Unit. Each Unit is composed of one common share and one-half of a common share warrant. |
| Warrants |
Each warrant entitles the holder thereof to acquire one common share of the Company at a price of $0.25 per share until August 1, 2017. |
| Maturity Date: |
August 1, 2017 |
| Interest Rate: |
8% per annum |
In the event where the common shares of the Company trade at an average closing price of $0.25 or greater over a 20-day trading period, the debenture holder shall be obliged, upon notification of the Company, to convert all of the principal amount of the Convertible Debentures into Units.
| Number of Placees: |
2 placees |
Insider / Pro Group Participation: N/A
The Company has confirmed the closing of the transaction.
_____________________________________
MINERA ALAMOS INC. ("MAI")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture
BULLETIN DATE: October 3, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the issuance of Replacement Convertible Debentures in exchange of the conversion of existing matures Convertible Debentures amounting a total of $545,000, as announced by the Company on August 20, September 16, 18 and 23, 2014.
| Convertible Debt: |
$545,000 |
| Conversion Price: |
Principal is convertible into Units of the Company at a price of $0.20 per Unit. Each Unit is composed of one common share and one-half of a common share warrant. |
| Warrants |
Each warrant entitles the holder thereof to acquire one common share of the Company at a price of $0.25 per share until August 1, 2017. |
| Maturity Date: |
August 1, 2017 |
| Interest Rate: |
8% per annum |
In the event where the common shares of the Company trade at an average closing price of $0.25 or greater over a 20-day trading period, the debenture holder shall be obliged, upon notification of the Company, to convert all of the principal amount of the Convertible Debentures into Units.
| Number of Placees: |
6 placees |
Insider / Pro Group Participation: N/A
The Company has confirmed the closing of the transaction.
_____________________________________
MINERAL MOUNTAIN RESOURCES LTD. ("MMV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 3, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 30, 2014:
FIRST TRANCHE
| Number of Shares: |
28,605,000 shares |
| Purchase Price: |
$0.05 per share |
| Warrants: |
28,605,000 share purchase warrants to purchase 28,605,000 shares |
| Warrant Exercise Price: |
$0.09 for a two year period |
| Number of Placees: |
31 placees |
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Marshall Bertram |
Y |
5,000,000 |
| Nelson Baker |
Y |
10,100,000 |
| Bradley Baker |
Y |
500,000 |
| John Morita |
Y |
1,000,000 |
| Aggregate Pro Group Involvement |
P |
515,000 |
| [2 placees] |
||
| Finder's Fee: |
$110,460.92 plus 378,000 compensation options to acquire 378,000 shares and warrants at $0.05 per unit is payable to M Partners Inc. |
|
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.
________________________________________
NORAM VENTURES INC. ("NRM")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: October 3, 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: |
637,500 |
| Original Expiry Date of Warrants: |
October 30, 2014 |
| New Expiry Date of Warrants: |
October 30, 2016 |
| Exercise Price of Warrants: |
$0.25 |
These warrants were issued pursuant to a private placement of 637,500 shares with 637,500 share purchase warrants attached, which was accepted for filing by the Exchange effective October 31, 2012.
________________________________________
NORTHWEST INTERNATIONAL HEALTHCARE PROPERTIES REIT ("MOB.DB.B")
BULLETIN TYPE: Prospectus-Debenture Offering
BULLETIN DATE: October 3, 2014
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated September 23, 2014, the Exchange has been advised that the Agents (as defined below) have partially exercised the over-allotment option granted to them in connection with the short form prospectus offering of 7.25% convertible unsecured subordinated debentures of NorthWest International Healthcare Properties Real Estate Investment Trust (the "REIT"), which closed on September 23, 2014.
| Agents: |
National Bank Financial Inc., GMP Securities L.P., BMO Nesbitt Burns Inc., Canaccord Genuity Corp., Scotia Capital Inc., Desjardins Securities Inc., Dundee Securities Ltd., Raymond James Ltd., Manulife Securities Incorporated, Laurentian Bank Securities Inc., Mackie Research Capital Corporation and All Group Financial Services Inc. |
| Agent's Commission: |
$187,500 |
| Over-Allotment Option: |
$3,750,000 principal amount of 7.25% convertible unsecured subordinated debentures due October 31, 2019. |
For further details please refer to the REIT's news release dated October 3, 2014.
______________________________________
SAVILLE RESOURCES INC. ("SRE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 3, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 21, 2014:
| Number of Shares: |
10,000,000 shares |
| Purchase Price: |
$0.05 per share |
| Warrants: |
5,000,000 Series A share purchase warrants to purchase 5,000,000 shares at a price of $0.25 for a five year period. If at any time after 4 months of closing, the trading price is above $0.35 for 14 consecutive trading days, the Company may provide notice that the expiry date will be accelerated to 30 days from such notice. |
| 5,000,000 Series B share purchase warrants to purchase 5,000,000 shares at a price of $0.50 for a five year period. If at any time after 12 months of closing, the trading price is above $0.65 for 14 consecutive trading days, the Company may provide notice that the expiry date will be accelerated to 30 days from such notice. |
|
| Number of Placees: |
15 placees |
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Harold Burgess |
Y |
1,140,000 |
| Zhi Gang Ding |
Y |
700,000 |
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.]
________________________________________
NEX COMPANIES:
EASTSIBERIAN PLC ("ESB.H")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: October 3, 2014
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 8,914,320 shares to settle outstanding debt for $445,716.
| Number of Creditors: |
8 Creditors |
Insider / Pro Group Participation:
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Graeme Phipps |
Y |
$110,000 |
$0.05 |
2,200,000 |
| Jonathan Morley-Kirk |
Y |
$95,992 |
$0.05 |
1,919,840 |
| Maxim Sidorin |
Y |
$80,000 |
$0.05 |
1,600,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
VERAZ PETROLEUM LTD. ("VRZ.H")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: October 3, 2014
NEX Company
Effective at the opening on Monday, October 6, 2014, the common shares of the Company will resume trading, an announcement having been made on October 2, 2014 as to the termination of its proposed transaction with Momentus Energy Corp.
________________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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