VANCOUVER, Nov. 4, 2014 /CNW/ -
TSX VENTURE COMPANIES:
AURCREST GOLD INC. ("AGO")
BULLETIN TYPE: Halt
BULLETIN DATE: November 4, 2014
TSX Venture Tier 2 Company
Effective at 6:03 a.m., PST, November 4, 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.
________________________________________
AURCREST GOLD INC. ("AGO")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 4, 2014
TSX Venture Tier 2 Company
Effective at 11:00 a.m., PST, November 4, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
BAYSHORE PETROLEUM CORP. ("BSH")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: November 4, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 16, 2014:
| Convertible Debenture: |
$229,308 convertible debentures ("Debentures") |
| Conversion Price: |
Convertible into 1,239,503 common shares at a price of $0.185. The Debentures are subject to a forced conversion provision, as detailed in the Company's October 16, 2014 press release. |
| Maturity date: |
Two years from the date of issuance. |
| Interest rate: |
5 % per annum |
| Number of Placees: |
2 placees |
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P / |
Principal Amount |
| Peter Ho |
Y |
$54,833 |
| Raymond Go |
Y |
$174,475 |
| Finder's Fee: |
None |
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).
________________________________________
CRICKET MEDIA GROUP LTD. ("CKT") ("CKT.DB")
BULLETIN TYPE: Private Placement-Brokered, Convertible Debenture/s, Amendment
BULLETIN DATE: November 4, 2014
TSX Venture Tier 1 Company
Further to TSX Venture Exchange bulletins dated November 30, 2012 and February 20, 2013, please note that the maturity date of the Debentures have been extended until October 31, 2016 in accordance with the Trust Indenture.
_______________________________________
EL NINO VENTURES INC. ("ELN")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: November 4, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 214,285 shares at a deemed price of $0.07, in consideration of consulting services provided to the company pursuant to an agreement dated July 15, 2014 between the Company and Greenchair Solutions Ltd. (Matt Lange).
The Company shall issue a news release when the shares are issued.
________________________________________
FAIRMONT RESOURCES INC. ("FMR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 4, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing a Mineral Property Option Agreement dated October 24, 2014 between Fairmont Resources Inc. (the "Company") and Christian Tremblay and Frederic Bergeron (the "Vendors") whereby the Company has the option to acquire a 100% interest in the Lac Bouchette Quartz Property (the "Property") located 100 km from the Port Alfred and less than 100 km from the Grand Anse Sea Terminal in Quebec. The Property consists of eight mineral claims totaling approximately 435 hectares. Total consideration consists of $175,000 and 135,135 shares payable to the Vendors. The Vendors will also receive a $2 per tonne royalty for all ore currently stockpiled on the Lac Bouchette Quartz Property and a 2% production royalty for any new mined ore.
________________________________________
FJORDLAND EXPLORATION INC. ("FEX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 4, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the second and final tranche of a Non-Brokered Private Placement announced October 10, 2014:
| Number of Shares: |
600,000 non flow-through shares |
| 1,200,000 flow-through shares |
|
| Purchase Price: |
$0.05 per share |
| Warrants: |
1,800,000 share purchase warrants to purchase 1,800,000 shares |
| Warrant Exercise Price: |
$0.05 for a three year period |
| Number of Placees: |
6 placees |
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| G. Ross McDonald |
Y |
200,000 non flow-through |
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.
________________________________________
GORDON CREEK ENERGY INC. ("GDN.DB")
BULLETIN TYPE: Halt
BULLETIN DATE: November 4, 2014
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, November 4, 2014, trading in the shares of the Company was halted 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.
________________________________________
GORDON CREEK ENERGY INC.("GDN.DB")
BULLETIN TYPE: Delist
BULLETIN DATE: November 4, 2014
TSX Venture Tier Company
Effective at the open of business on Tuesday, November 4, 2014, the Company's convertible debentures will be halted and will be delisted at closing on Tuesday, November 4, 2014. This is in reference to the TSX Venture Exchange bulletin dated July 9, 2014 where it states that the debentures expire on October 31, 2014.
The Company's Common shares (GDN) will continue to trade on TSX Venture.
________________________________________
LEUCROTTA EXPLORATION INC. ("LXE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 4, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pursuant to an Asset Purchase and Sale Agreement (the "Agreement") between the Company and an Arms Length Party (the "Vendor"), whereby the Company will acquire petroleum and natural gas rights, the tangibles and the miscellaneous interests in certain assets located in Alberta from the Vendor. In consideration, the Company will pay the Vendor $7.5 million in cash plus the issuance of approximately 3,318,585 common shares of the Company ("Shares") at a deemed price of $2.26 per Share.
Insider / Pro Group Participation: None
For further information, please refer to the Company's press release dated September 11, 2014
________________________________________
MAXIM RESOURCES INC. ("MXM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 4, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Heads of Agreement, dated May 14, 2014 ("HOA") and a Reconnaissance Contract, dated June 18, 2014, between Maxim Resources Inc. (the "Company"), First Sahara Energy Inc. (the "Vendor") and the Office National Des Hydrocarbures et des Mines ("ONHYM"), whereby the Company has acquired the Vendor's interest in a Reconnaissance Contract on the Hassi Berkane Block, located in the Kingdom of Morocco.
Under the terms of the HOA, the Company will issue 2,000,000 common shares to the Vendor as consideration.
For further details, please refer to the Company's news releases dated May 15, 2014, June 23, 2014, and July 24, 2014.
________________________________________
NMC RESOURCE CORPORATION ("NRC")
BULLETIN TYPE: Halt
BULLETIN DATE: November 4, 2014
TSX Venture Tier 1 Company
Effective at 8:17 a.m., PST, November 4, 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.
________________________________________
NMC RESOURCE CORPORATION ("NRC")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 4, 2014
TSX Venture Tier 1 Company
Effective at 10:30 a.m., PST, November 4, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
NOBLE IRON INC. ("NIR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 4, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 3, 2014:
| Number of Shares: |
6,000,000 shares |
| Purchase Price: |
$1.00 per share |
| Number of Placees: |
19 placees |
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| William A. Palmer |
Y |
393,000 |
| Ronald Schwarz |
Y |
25,000 |
| Malcolm Hunter |
Y |
53,233 |
| 1610488 Ontario Limited. (Iqbal Kassam) |
Y |
3,500,000 |
| Manji Investments Limited (Samir Manji) |
Y |
250,000 |
| Laurence Sellyn |
Y |
65,000 |
| Nabil Kassan |
Y |
88,997 |
| 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.
________________________________________
NOMAD VENTURES INC. ("NMD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 4, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Asset Purchase Agreement dated October 24, 2014 between Nomad Ventures Inc. (the Company) and Shane Ivancoe and 0929846 BC Ltd. (Heather Wood) (the Vendors) whereby the Company will purchase a 75' Floating End Barge Loading Ramp from the Vendors. Consideration is 4,000,000 common shares.
________________________________________
PERUVIAN PRECIOUS METALS CORP. ("PPX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 4, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 14, 2014:
| Number of Shares: |
4,949,690 shares |
| Purchase Price: |
$0.13 per share |
| Warrants: |
4,949,690 share purchase warrants to purchase 4,949,690 shares |
| Warrant Exercise Price: |
$0.18 for a two year period |
| Number of Placees: |
4 placees |
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Brian J. Maher |
Y |
192,307 |
| Kimberly Ann Arnston |
Y |
192,307 |
| Finder's Fee: |
319,555 common shares and 319,555 warrants is payable to Tomas Silva. |
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.
________________________________________
QE2 ACQUISITION CORP. ("QE")
[formerly, Crowsnest Acquisition Corp. ("CAW.P")]
BULLETIN TYPE: Resume Trading, Qualifying Transaction-Completed/New Symbol, Company Tier Reclassification, Name Change
BULLETIN DATE: November 4, 2014
TSX Venture Tier 2 Company
Resume Trading
Effective at opening on Wednesday, November 5, 2014, the common shares of the Company will resume trading, announcements having been made on October 2, 2014 and November 4, 2014 as to closing of the Company's Qualifying Transaction, as set forth below.
Qualifying Transaction-Completed/New Symbol
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Filing Statement dated August 29, 2014. As a result, at the opening on November 5, 2014, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction involves the arm's length acquisition (the Acquisition) of all outstanding securities of QE2 Acquisition Corp. (QE2) for consideration, exclusive of the Debentures to be distributed pursuant to the concurrent Private Placement, as defined below, consisting of 21,912,766 common shares of the Company issued at a deemed price of $0.15 per share for aggregate deemed consideration of $3,286,915, and issuance of 2,943,112 warrants of the Company (the Warrants), with each Warrant exercisable at $0.50 per share for periods ranging from June 12, 2016 to October 23, 2016.
The Acquisition contemplates that an aggregate of 2,393,332 shares of the Company, currently subject to an escrow agreement entered into among the Company, Olympia Trust Company, and certain security holders dated November 16, 2012 will be transferred within escrow to certain Principals and non-Principals of the issuer formed upon completion of the Acquisition (the Resulting Issuer). In addition, holders of 600,000 outstanding options of the Company are to exercise their options immediately after closing of the Acquisition.
The Acquisition also contemplates that QE2 complete a concurrent brokered private placement (the Private Placement), which has been completed, resulting in the issuance of 1,298 subscription receipts at a price of $1000 per subscription receipt for gross proceeds of $1,298,000. Each subscription receipt entitles the holder to receive, at no additional cost, one 12% unsecured debenture of QE2 (the Debenture) on satisfaction of certain conditions in connection with the transaction. Each Debenture automatically converted into a Debenture of the Resulting Issuer, which will be for a principal amount of $1000 and will mature 24 months after issuance.
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Mihalis Belantis |
Y |
6,000,000 |
| Rob Harding |
Y |
100,000 |
| Fletcher Morgan |
Y |
1,516,667 |
| Douglas Bachman |
Y |
700,000 |
| Maria Nathanail |
Y |
233,333 |
| Joe Gagliardi |
Y |
140,000 |
The Exchange has been advised that the above transactions have been completed.
Detailed information about the Acquisition, QE2, and the Resulting Issuer is included in the Filing Statement of the Company dated August 29, 2014 which can be found on SEDAR at www.sedar.com.
In addition, the Exchange has accepted for filing the following:
Company Tier Reclassification
In accordance with Policy 2.5, the Company has met the requirements for a Tier 1 company. Therefore, effective on Wednesday, November 5, 2014, the Company's Tier classification will change from Tier 2 to:
Classification
Tier 1
Name Change
Pursuant to a resolution passed by shareholders on April 24, 2014, the Company has changed its name from Crowsnest Acquisition Corp. to QE2 Acquisition Corp. There is no consolidation of capital.
Effective at the opening on Wednesday, November 5, 2014 the common shares of QE2 Acquisition Corp. will commence trading on TSX Venture Exchange and the common shares of Crowsnest Acquisition Corp. will be delisted. The Company is classified as an 'all other specialty trade contractors' company.
| Capitalization: |
Unlimited |
common shares with no par value of which |
| 28,512,766 |
common shares are issued and outstanding |
|
| Escrow: |
15,740,000 |
common shares are subject to escrow, with |
| 12,740,000 |
common shares subject to a Tier 1 Value Escrow Agreement; and |
|
| 3,000,000 |
common shares remaining subject to a CPC Escrow Agreement |
|
| Transfer Agent: |
Olympia Trust Company |
|
| Trading Symbol: |
QE (new) |
|
| CUSIP Number: |
74736C 10 9 (new) |
|
| Company Contact: |
Mihalis Belantis, President and Chief Executive Officer |
|
| Company Address: |
Suite 4034, 990-17th Ave. S.W. |
|
| Calgary, Alberta T2T 0A4 |
||
| Company Phone Number: |
(403)701-7299 |
|
| Company Fax Number: |
(403)720-8468 |
|
| Company Email Address: |
________________________________
RECO INTERNATIONAL GROUP INC. ("RGI")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: November 4, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to an Arrangement Agreement (the "Arrangement") between the Company and Reco Southern Alberta Inc, Reco Central Alberta Inc. and Reco Northern Alberta Inc. (the "Subsidiaries"). As per the terms of the Arrangement, the Company divested of certain non-core business assets to the Subsidiaries. In consideration for the Company directing the assets to the Subsidiaries, the Company has received common shares of the Subsidiaries. Disinterested shareholders approved the Arrangement at a meeting of shareholders held on May 8, 2014 and the final order of the Court of Queen's Bench of Alberta was granted on May 16, 2014.
________________________________________
ROXGOLD INC. ("ROG")
BULLETIN TYPE: Halt
BULLETIN DATE: November 4, 2014
TSX Venture Tier 2 Company
Effective at 10:45 a.m., PST, November 4, 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.
________________________________________
ROXGOLD INC. ("ROG")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 4, 2014
TSX Venture Tier 2 Company
Effective at 11:45 a.m., PST, November 4, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
SUPARNA GOLD CORP. ("SUG")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 4, 2014
TSX Venture Tier 2 Company
Effective at 11:30 A.M., PST, November 4, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
TERRAX MINERALS INC. ("TXR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 4, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 24, 2014 and October 16, 2014:
| Number of Shares: |
7,927,786 shares |
| Purchase Price: |
$0.35 per share |
| Warrants: |
3,963,893 share purchase warrants to purchase 3,963,893 shares |
| Warrant Exercise Price: |
$0.50 for a three year period |
| Number of Placees: |
24 placees |
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aggregate Pro Group Involvement |
P |
20,000 |
| [1 placee] |
| Finder's Fee: |
$12,250 and 35,000 finder's warrants payable to Mackie Research Capital Corp. |
| $1,825.25 and 5,125 finder's warrants payable to IPC Securities Corp. |
|
| $4,200 payable to Buro Doko BV |
|
| $55,230 payable to Euroscandic International Group Inc. |
|
| $44,310 payable to Canfarm Investments |
|
| $5,120.50 and 14,630 finder's warrants payable to Jordan Capital Markets 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.
________________________________________
VICTORY RESOURCES CORPORATION ("VR")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 4, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 10,586,542 shares to settle outstanding debt for $846,923.32.
| Number of Creditors: |
11 Creditors |
Insider / Pro Group Participation:
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Sookochoff Consultants |
||||
| (L. Sookochoff) |
Y |
$118,536.82 |
$0.08 |
1,481,710 |
| Laurence Sookochoff |
Y |
$8,500 |
$0.08 |
106,250 |
| Alphonse Ruggiero |
Y |
$23,462.32 |
$0.08 |
293,279 |
| Wally Boguski |
Y |
$77,500 |
$0.08 |
968,750 |
| Kristine Frost |
Y |
$15,000 |
$0.08 |
187,500 |
| Roger Frost |
Y |
$30,000 |
$0.08 |
375,000 |
| Sierra Iron Ore Corp. |
Y |
$185,159.13 |
$0.08 |
2,314,489 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
NEX COMPANY:
QUENTIN VENTURES LTD. ("QTN.H")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: November 4, 2014
NEX Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated November 3, 2014, effective at 11:58 a.m.
November 4, 2014, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Change of Business and/or Reverse Take-Over pursuant to TSXV Listings Policy 5.2. 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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