VANCOUVER, Oct. 17, 2014 /CNW/ -
TSX VENTURE COMPANIES:
BRADES RESOURCE CORP. ("BRA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 17, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 15, 2014:
| Number of Shares: |
14,964,091 shares |
| Purchase Price: |
$0.055 per share |
| Warrants: |
14,964,091 share purchase warrants to purchase 14,964,091 shares |
| Warrant Exercise Price: |
$0.07 for an eighteen-month period |
| Number of Placees: |
44 placees |
Insider / Pro Group Participation:
|
Name |
Insider=Y / ProGroup=P |
# of Shares |
| Carl A. Von Einsiedel |
Y |
100,000 |
| Aggregate Pro Group Involvement |
P |
2,250,000 |
| [8 placees] |
||
| Finder's Fee: |
$9,100 cash payable to Haywood Securities Inc. |
|
| $14,520 cash payable to NBCN |
||
| $9,064 cash payable to Jordan Capital |
||
| $4,400 cash payable to Gordon Friesen |
||
| $28,318 cash payable to Kiriakos Capital 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. 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.
________________________________________
CASSIDY GOLD CORP. ("CDX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 17, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 22, 2014:
| Number of Shares: |
122,188,000 shares |
| Purchase Price: |
$0.05 per share |
| Number of Placees: |
1 placee |
Insider / Pro Group Participation:
|
Name |
Insider=Y / ProGroup=P |
# of Shares |
| Alchemists Inc. |
Y |
122,188,000 |
| (David Crichton Watt, Azmi Wan Hamzah |
||
| and Bruce Andrew McDonald) |
||
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.
________________________________________
ENHANCED OIL RESOURCES INC ("EOR")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: October 17, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Purchase and Sale Agreement (the "Agreement") dated September 26, 2014 between EOR Operating Company, and Ridgeway Arizona Oil Corp, both wholly owned subsidiaries of Enhanced Oil Resources Inc. (collectively, the "Sellers") and Desert Production, Inc., and Penroc Oil Corporation (collectively, the "Buyers"). The Buyers have agreed to purchase the Sellers' interest in certain oil and gas leases related to the Crossroads Siluro-Devonian Unit located in New Mexico and related wells, equipment, facilities and data (collectively, "Crossroads"). The Buyers will be paying the Sellers US$10,000,000 cash.
The transaction is arms length.
A finder's fee of US$210,000 cash is payable to Riviera-Ensley Energy Advisors.
Further information can be found in the Company's news releases dated, September 4, 2014, September 12, 2014, September 29, 2014 and October 16, 2014.
________________________________________
FRONSAC REAL ESTATE INVESTMENT TRUST ("GAZ.UN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 17, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on September 22, 2014:
| Number of Units: |
10,305,787 units |
| Purchase Price: |
$0.36 per unit |
| Number of Placees: |
16 placees |
Insider / Pro Group Participation:
| Name |
Insider = Y / Pro Group = P |
Number of units |
| Les placements Marceau et Bazinet senc (Patrick Bazinet) |
Y |
210,000 |
| Laframboise Holding inc. (Guy Laframboise) |
Y |
1,388,889 |
| Z-Corp Financial (2007) Ltd. (Michael Zakuta) |
Y |
1,388,888 |
| Gestion Immobilière MSC inc. (Richard Chicoine) |
Y |
138,900 |
The Company has confirmed the closing of the above-mentioned Private Placement by way of press release dated October 10, 2014.
FIDUCIE DE PLACEMENT IMMOBILIER FRONSAC (« GAZ.UN »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 17 octobre 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 22 septembre 2014 :
| Nombre d'unités : |
10 305 787unités |
| Prix : |
0,36 $ par unité |
| Nombre de souscripteurs : |
16 souscripteurs |
Participation Initié / Groupe Pro :
| Nom |
Initié = Y / Groupe Pro = P |
Nombre d'unités |
|
| Les placements Marceau et Bazinet senc (Patrick Bazinet) |
Y |
210 000 |
|
| Laframboise Holding inc. (Guy Laframboise) |
Y |
1 388 889 |
|
| Z-Corp Financial (2007) Ltd. (Michael Zakuta) |
Y |
1 388 888 |
|
| Gestion Immobilière MSC inc. (Richard Chicoine) |
Y |
138 900 |
|
La société a confirmé la clôture du placement privé par voie de communiqué de presse daté du 10 octobre 2014.
________________________________
FRONSAC REAL ESTATE INVESTMENT TRUST ("GAZ.UN")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture
BULLETIN DATE: October 17, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on September 22, 2014:
| Convertible Debt: |
$250,000 |
| Conversion Price: |
Principal is convertible into common shares at a conversion price of $0.43 per share |
| Maturity Date: |
Five years from the date of issuance |
| Interest Rate: |
6% per annum |
| Number of Placees: |
3 placees |
Insider / Pro Group Participation:
| Name |
Insider = Y / Pro Group = P |
Number of units upon conversion |
| Michel Lassonde |
Y |
232,558 |
The Company announced the closing of the Private Placement via the issuance of a press release dated October 10, 2014.
FIDUCIE DE PLACEMENT IMMOBILIER FRONSAC (« GAZ.UN »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier, débenture convertible
DATE DU BULLETIN : Le 17 octobre 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 22 septembre 2014 :
| Prêt convertible : |
250 000 $ |
| Prix de conversion : |
Le capital est convertible en actions ordinaires au prix de conversion de 0,43 $ par action |
| Date d'échéance : |
Cinq ans après la date d'émission des débentures |
| Taux d'intérêt : |
6 % par année |
| Nombre de souscripteurs : |
3 souscripteurs |
Participation Initié / Groupe Pro :
| Nom |
Initié = Y / Groupe Pro = P |
Nombre d'unités lors de la conversion |
|
| Michel Lassonde |
Y |
232 558 |
|
La société a annoncé la clôture du placement privé par voie d'émission d'un communiqué de presse daté du 10 octobre 2014.
_____________________________________
GALILEO PETROLEUM LTD. ("GPL")
BULLETIN TYPE: Consolidation
BULLETIN DATE: October 17, 2014
TSX Venture Tier 2 Company
Pursuant to a resolution passed by the directors of the Company on October 2, 2014, the Company has consolidated its capital on a three (3) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening on Monday, October 20, 2014, the shares of Galileo Petroleum Ltd. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as an 'Oil and Gas Exploration' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 5,422,692 |
shares are issued and outstanding |
|
| Escrow |
Nil |
shares |
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
GPL |
(UNCHANGED) |
| CUSIP Number: |
36354R205 |
(new) |
________________________________________
GOLD REACH RESOURCES LTD. ("GRV")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: October 17, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 500,000 bonus warrants in consideration of a $1,000,000 loan. The warrants are exercisable at $0.80 for up to one year from date of issuance.
Please refer to the Company's news release of June 11, 2014 for further details.
________________________________________
IRON TANK RESOURCES CORP. ("TNK")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: October 17, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 325,570 shares to settle outstanding debt for $34,500.
| Number of Creditors: |
12 Creditors |
Insider / Pro Group Participation:
|
Creditor |
Insider=Y / Progroup=P |
Amount Owing |
Deemed Price per Share |
# of Shares |
| Dave Antony |
Y |
$3,000 |
$0.105 |
28,571 |
| Aggregate Pro Group Involvement |
P |
$2,500 |
$0.105 |
23,810 |
| [1 Creditor] |
||||
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
RICHMOND ROAD CAPITAL CORP. ("RRD.P")
BULLETIN TYPE: Notice – QT Not Completed – Approaching 24 Months of Listing
BULLETIN DATE: October 17, 2014
TSX Venture Tier 2 Company
The shares of the Company were listed on TSX Venture Exchange on November 16, 2012. The Company being 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. Failure to complete a QT by its 24 month deadline date of November 17, 2014 may result in the Company's trading status being 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: Private Placement-Non-Brokered
BULLETIN DATE: October 17, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 26, 2014:
| Number of Shares: |
11,700,000 shares |
| Purchase Price: |
$0.05 per share |
| Warrants: |
11,700,000 share purchase warrants to purchase 11,700,000 shares |
| Warrant Exercise Price: |
$0.10 for a two year period |
| Number of Placees: |
23 placees |
Insider / Pro Group Participation:
|
Name |
Insider=Y / ProGroup=P |
# of Shares |
| Raymond J. Saunders |
Y |
1,000,000 |
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.]
________________________________________
SILVER SPRUCE RESOURCES INC. ("SSE")
BULLETIN TYPE: Consolidation
BULLETIN DATE: October 17, 2014
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders May 6, 2014, the Company has consolidated its capital on a (10) ten old for (1) one new basis. The name of the Company has not been changed.
Effective at the opening on Monday, October 20, 2014, the shares of Silver Spruce Resources 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 |
| 11,195,781 |
shares are issued and outstanding |
|
| Escrow |
Nil |
shares |
| Transfer Agent: |
CST Trust Company |
|
| Trading Symbol: |
SSE |
(UNCHANGED) |
| CUSIP Number: |
828229203 |
(new) |
________________________________________
SLAM EXPLORATION LTD. ("SXL")
BULLETIN TYPE: Consolidation
BULLETIN DATE: October 17, 2014
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders September 18, 2014, the Company has consolidated its capital on a (3) three old for (1) one new basis. The name of the Company has not been changed.
Effective at the opening on Monday, October 20, 2014, the shares of SLAM Exploration Ltd. 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 |
| 9,951,743 |
shares are issued and outstanding |
|
| Escrow |
Nil |
shares |
| Transfer Agent: |
CST Trust Company |
|
| Trading Symbol: |
SXL |
(UNCHANGED) |
| CUSIP Number: |
831004304 |
(new) |
________________________________________
STARLIGHT U.S. MULTI-FAMILY CORE FUND ("UMF.A") ("UMF.U")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: October 17, 2014
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
| Distribution per Class A: |
CDN$0.05833 |
| Payable Date: |
November 17, 2014 |
| Record Date: |
October 31, 2014 |
| Ex-Dividend Date: |
October 29, 2014 |
| Distribution per Class U: |
US$0.05833 |
| Payable Date: |
November 17, 2014 |
| Record Date: |
October 31, 2014 |
| Ex-Dividend Date: |
October 29, 2014 |
________________________________________
STARLIGHT U.S. MULTI-FAMILY (NO.2) CORE FUND ("SUD.A") ("SUD.U")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: October 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: |
November 17, 2014 |
| Record Date: |
October 31, 2014 |
| Ex-Dividend Date: |
October 29, 2014 |
| Dividend per Class U Share: |
US$0.05833 |
| Payable Date: |
November 17, 2014 |
| Record Date: |
October 31, 2014 |
| Ex-Dividend Date: |
October 29, 2014 |
________________________________________
STARLIGHT U.S. MULTI-FAMILY (NO.3) CORE FUND ("SUS.A") ("SUS.U")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: October 17, 2014
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
| Dividend per Class A Share: |
CDN$0.04778 |
| Payable Date: |
November 17, 2014 |
| Record Date: |
October 31, 2014 |
| Ex-Dividend Date: |
October 29, 2014 |
| Dividend per Class U Share: |
US$0.04778 |
| Payable Date: |
November 17, 2014 |
| Record Date: |
October 31, 2014 |
| Ex-Dividend Date: |
October 29, 2014 |
________________________________________
TERRACE ENERGY CORP. ("TZR.DB")
BULLETIN TYPE: New Listing-Debentures
BULLETIN DATE: October 17, 2014
TSX Venture Tier 2 Company
New Listing-Debentures
Effective at the opening, Monday, October 20, 2014, the debentures (the 'Debentures') of the Company will commence trading on TSX Venture Exchange. The Company is classified as an 'Oil and Gas Services' company.
| Corporate Jurisdiction: |
British Columbia |
|
| Capitalization: |
$38,640,000 |
Debentures with no par value of which are |
| $38,590,000 |
issued and outstanding |
|
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
TZR.DB |
|
| CUSIP Number: |
88103MAA0 |
|
Details of the Debentures:
| Maturity Date: |
April 2, 2018 |
| Redemption: |
At the option of the holder, the Debentures may be converted into common shares at any time up until 8 business days preceding the Maturity Date. The Debentures may be redeemed for cash in whole or in part at the option of the Company in accordance with the terms of the trust indenture. The Debentures also have an equity redemption feature pursuant to which the Company has the option to redeem all or part of the Debentures in exchange for the issuance of common shares at the conversion price of $2.00, if the closing price of the Company's shares exceeds 140% of the conversion price for 30 consecutive trading days. The Company must provide not less than 30 days written notice prior to exercising its option to redeem the Debentures for the issuance of common shares. |
| Interest: |
The Debentures will bear interest on a quarterly basis at the rate of 8% per annum, payable quarterly in arrears on the last days of January, April, July and October in each fiscal year. The first interest payment occurs October 31, 2014 in respect of the period July 31, 2014 to, but excluding, October 31, 2014. Interest will be computed on the basis of a 365 day year. |
| Subordination: |
Not applicable. |
| Conversion: |
Each Debenture is convertible into common shares of the company at $2.00 at any time prior to the Maturity Date, such that approximately 500 common shares will be issued for each $1,000 principal amount of Debentures converted. |
| Interest Start Date: |
July 31, 2014 |
| First Interest Payment: |
October 31, 2014 (for interest accrued July 31, 2014 to, but excluding, October 31, 2014) |
| Clearing and Settlement: |
The Debentures will clear and settle through CDS. |
| Board Lot: |
The Debentures are in denomination of $1,000 and will trade in a board lot size of $1,000 face value. |
________________________________________
VERISANTE TECHNOLOGY, INC. ("VRS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 17, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation with respect to a Non-Brokered Private Placement announced October 15, 2014:
| Number of Shares: |
2,500,000 shares |
| Purchase Price: |
$0.14 per share |
| Number of Placees: |
1 placee |
| Finder's Fee: |
$20,000 cash and 100,000 common shares payable to Xi Cheng Xu |
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.
________________________________________
XIMEN MINING CORP. ("XIM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 17, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the second tranche of a Non-Brokered Private Placement announced September 22, 2014 and October 9, 2014:
| Number of Shares: |
910,000 shares |
| Purchase Price: |
$0.30 per share |
| Warrants: |
910,000 share purchase warrants to purchase 910,000 shares |
| Warrant Exercise Price: |
$0.40 for a two year period |
| Number of Placees: |
11 placees |
Insider / Pro Group Participation:
|
Name |
Insider=Y / ProGroup=P |
# of Shares |
| Liana Shahinian |
Y |
20,000 |
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.
________________________________________
NEX COMPANIES:
NEX COMPANIES
BULLETIN TYPE: Listing Maintenance Fees - Delist
BULLETIN DATE: October 17, 2014
NEX Companies
Effective at the close of business on Monday, October 20, 2014, and in accordance with NEX Policy, section 15, the following company's securities will be delisted from NEX, for failure to pay its quarterly NEX Listing Maintenance Fee. Prior to delisting, the company's securities were subject to a suspension from trading.
| Issuer Name: |
Symbol |
| Landmark Global Financial Corporation |
LST.H |
| Forest Gate Energy Inc. |
FGE.H |
| Win-Eldrich Mines Limited |
WEX.H |
_________________________________________________
CHINOOK TYEE INDUSTRY LIMITED ("XCX")
[formerly Chinook Tyee Industry Limited ("XCX.H")]
BULLETIN TYPE: Change of Business, Consolidation, Stock Split, Symbol Change, Graduation from NEX to TSX Venture
BULLETIN DATE: October 17, 2014
NEX Company
Change of Business
TSX Venture Exchange has accepted for filing Chinook Tyee Industry Limited (the "Company") Change of Business, which received shareholder approval at its Special and Annual General Meeting on September 29, 2014.
The Company is classified as an 'Investment' company.
Consolidation and Stock Split
Pursuant to a special resolution passed by shareholders, the Company has been authorized to complete a share consolidation and subsequent stock split. The Company will consolidate its capital on a thousand (1000) old for one (1) new basis. Anyone holding less than 1 post-consolidation share will be paid out. Immediately after the consolidation has taken effect, the Company's common shares will be sub-divided on a one (1) old for a thousand (1000) new basis.
The name of the Company has not been changed.
Post - Consolidation
| Capitalization: |
Unlimited |
shares with no par value of which |
| 3,405,932 |
shares are anticipated to issued and outstanding upon completion of the consolidation and stock split. The Company will confirm in a news release. |
|
| Escrow |
Nil |
shares |
| Transfer Agent: |
Computershare Investor Services |
|
| Trading Symbol: |
XCX |
(same symbol but with .H removed) |
| CUSIP Number: |
16961T208 |
(new) |
The Company has met the requirements to be listed as a TSX Venture Tier 2 Company. Therefore, effective at the opening on Monday, October 20, 2014, the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to Vancouver.
Effective at the opening on Monday, October 20, 2014, the shares of the Company will commence trading on TSX Venture Exchange on a consolidated basis and the trading symbol for the Company will change from XCX.H to XCX.
The Company is classified as an 'Investment' company.
Letters of Transmittal will be used to effect this share sub-division. Letters of Transmittal were mailed to shareholders to return their present share certificates in exchange for new share certificates.
________________________________________
QUENTIN VENTURES LTD. ("QTN.H")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: October 17, 2014
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 5,500,000 shares to settle outstanding debt of $412,500.
| Number of Creditors: |
9 Creditors |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
TILTING CAPITAL CORP. ("TLL.H")
BULLETIN TYPE: Shares for Debt, Remain Halted
BULLETIN DATE: October 17, 2014
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 150,000 shares to settle outstanding debt for $18,000.
| Number of Creditors: |
1 Creditor |
Pro Group Participation:
|
Creditor |
Insider=Y / |
Amount Owing |
Deemed Price per Share |
# of Shares |
| SPH Advisors Ltd. |
Y |
$18,000 |
$0.12 |
150,000 |
| (S. Hayduk) |
||||
The Company shall issue a news release when the shares are issued and the debt extinguished.
Remain Halted
Effective at 9:34 a.m., PST, April 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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