TSX Venture Exchange Daily Bulletins

News provided by

TSX Venture Exchange

Nov 06, 2014, 18:13 ET

VANCOUVER, Nov. 6, 2014 /CNW/ -

TSX VENTURE COMPANIES:

BULLETIN TYPE:  Cease Trade Order
BULLETIN DATE:  November 5, 2014
TSX Venture Companies

A Cease Trade Order has been issued by the British Columbia Securities Commission on November 5, 2014 against the following companies for failing to file the documents indicated within the required time period:

Symbol     

Tier     

Company                                        

Failure to File                                         

 Period





Ending





(Y/M/D)

ISS            

2

International Samuel Exploration    

A comparative financial statement           


 Corp.                                              

for its financial year ended                      

14/06/30








A Form 51-102F1 Management's          





Discussion and Analysis for the             





period ended                                           

14/06/30





KDR          

2

KDR Industrials Ltd.                        

A comparative financial statement          





for its financial year ended                      

14/06/30








A Form 51-102F1 Management's



Discussion and Analysis for the



period ended                                         

14/06/30





NDX           

2

NovaDX Ventures Corp.                  

A comparative financial statement



for its financial year ended                      

14/06/30








A Form 51-102F1 Management's



Discussion and Analysis for the



period ended                                          

14/06/30

Upon revocation of the Cease Trade Order, the Companies' shares will remain suspended until the Companies meet TSX Venture Exchange requirements.  Members are prohibited from trading in the securities of the companies during the period of the suspension or until further notice.

________________________________________

BAYSWATER URANIUM CORPORATION ("BYU")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  November 6, 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 October 15, 2014:

Number of Shares:                    

1,140,000 shares


Purchase Price:                        

$0.05 per share


Warrants:                                 

1,140,000 share purchase warrants to purchase 1,140,000 shares


Warrant Exercise Price:            

$0.10 for a two year period


Number of Placees:                   

2 placees


Finder's Fee:                            

Robson Capital Partners Corp. (Ryan Cheung) receives $4,560 and 91,200 non-transferable warrants, each exercisable for one share at a price of $0.10 per share for a two year 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.]

________________________________________

CADAN RESOURCES CORPORATION ("CXD")
BULLETIN TYPE:  Halt
BULLETIN DATE:  November 6, 2014
TSX Venture Tier 2 Company

Effective at 9:28 a.m., PST, November 6, 2014, trading in the shares of the Company was halted for failure to maintain Exchange requirements.  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.

________________________________________

CANASIL RESOURCES INC. ("CLZ")
BULLETIN TYPE:  Warrant Price Amendment
BULLETIN DATE:  November 6, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the reduction in the exercise price of the following warrants:

Private Placement:

# of Warrants:                                                       

1,972,000

Expiry Date of Warrants:                                         

December 6, 30 and February 17, 2015

Forced Exercise Provision:                               

If the closing price for the Company's shares is $0.10 

or greater for a period of 10 consecutive trading days,


then the warrant holders will have 30 days to exercise


their warrants; otherwise the warrants will expire on


the 31st day.

Original Exercise Price of Warrants:                        

$0.15

New Exercise Price of Warrants:                             

$0.08

These warrants were issued pursuant to a private placement of 4,440,000 shares with 2,220,000 share purchase warrants attached, which was accepted for filing by the Exchange effective on February 26, 2014.

________________________________________

CMC METALS LTD. ("CMB")
BULLETIN TYPE:  Warrant Term Extension and Warrant Price Amendment
BULLETIN DATE:  November 6, 2014
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange bulletin dated November 5, 2014, the following should read as follows:

New Exercise Price of Warrants:                      

$0.06

All other details remain unchanged.

________________________________________

DECADE RESOURCES LTD. ("DEC")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  November 6, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 9, 2014:

Number of Shares:                    

423,076 shares


Purchase Price:                        

$0.13 per share


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.

________________________________________

EQUITORIAL EXPLORATION CORP. ("EXX")
BULLETIN TYPE:  Shares for Bonuses
BULLETIN DATE:  November 6, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 275,862 bonus warrants to an arms-length lender in consideration of a $100,000 loan.  Each warrant is exercisable into one common share at $0.25 for one year from date of issue. The loan matures one year from the date of issuance and pays 8% interest per annum.

________________________________________

GOLDBANK MINING CORPORATION ("GLB")
BULLETIN TYPE:  Property-Asset or Share Disposition Agreement
BULLETIN DATE:  November 6, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the purchase agreement (the "Purchase Agreement") dated July 24, 2014 between the Goldbank Mining Corporation (the "Company"), and Ultra Resource Corp. ("Ultra").  As agreed upon in the Purchase Agreement, Ultra will acquire the Company's 51% interest in the Property subject to a 2.5% Net Smelter Royalty ("NSR") in favour of the original Property vendors.

For Ultra to acquire the 51% interest in the Property, they must issue 2,200,000 shares in Ultra to the Company within 10 days of Exchange acceptance of the transaction and pay cash consideration of $250,000 by June 1, 2016.

The transaction is arms length.

For further information, please see the Company's news release dated July 24, 2014.

________________________________________

NORTHWEST INTERNATIONAL HEALTHCARE PROPERTIES REIT ("MOB.UN") ("MOB.DB") ("MOB.DB.A") ("MOB.DB.B")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  November 6, 2014
TSX Venture Tier 2 Company

Effective at 5:00 a.m., PST, November 6, 2014, shares of the Company resumed trading, an announcement having been made.

________________________________________

RAINY MOUNTAIN ROYALTY CORP. ("RMO")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  November 6, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 31, 2014:

Number of Shares:                                    

1,575,000 shares



Purchase Price:                                        

$0.065 per share



Warrants:                                                  

1,575,000 share purchase warrants to purchase 1,575,000 shares



Warrant Exercise Price:                            

$0.10 for a two year period



Number of Placees:                                   

3 Placees



Insider / Pro Group Participation:


Insider=Y /


Name                                                        

ProGroup=P                                  

# of Shares

Criterion Capital Corporation



(Douglas Mason)                                      

Y                                                            

500,000

Aggregate Pro Group



Involvement [1 placee]                               

P                                                         

1,000,000



Finder's Fee:                                             

$6,500 is payable to PI Financial Corp.


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.

________________________________________

RED EAGLE MINING CORPORATION ("RD")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE:  November 6, 2014
TSX Venture Tier 1 Company

TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:

# of Warrants:                                                   

3,375,000

Original Expiry Date of Warrants:                         

February 12, 2015

New Expiry Date of Warrants:                              

June 28, 2016

Exercise Price of Warrants:                                 

$0.25

These warrants were issued pursuant to a pre-IPO private placement of 4,500,000 shares with 4,500,000 share purchase warrants attached.

________________________________________

ROCK TECH LITHIUM INC. ("RCK")
BULLETIN TYPE:  Shares for Debt, Remain Halted
BULLETIN DATE:  November 6, 2014
TSX Venture Tier 2 Company

Shares for Debt:

TSX Venture Exchange has accepted for filing the Company's proposal to issue 50,000 shares to settle outstanding debt for $10,000 as announced on September 3, 2014

Number of Creditors:                 

1 Creditor

Remain Halted:

Further to the Exchange bulletin dated July 31, 2013, 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 Takeover pursuant to TSX Venture Exchange Listings Policy 5.2.

________________________________________

SPHINX RESOURCES LTD. ("SFX")
[formerly Donner Metals Ltd. ("DON")]
BULLETIN TYPE: Name Change
BULLETIN DATE: November 6, 2014
TSX Venture Tier 2 Company

The Company has changed its name from Donner Metals Ltd. to Sphinx Resources Ltd. There is no consolidation of capital.

Effective at the opening on Friday, November 7, 2014, the common shares of Sphinx Resources Ltd. will commence trading on TSX Venture Exchange and the common shares of Donner Metals Ltd. will be delisted.  The Company is classified as an "All Other Metal Ore Mining" issuer (NAICS Number: 212299).

Capitalization:                                     

Unlimited

number of common shares with no par value of which

29,048,336

shares are issued and outstanding

Escrow:                                                         

Nil

share




Transfer Agent:                        

Computershare Trust Company of Canada, Vancouver

Trading Symbol:                       

SFX                   


(new)

CUSIP Number:                        

848422101

(new)

RESSOURCES SPHINX LTÉE (« SFX »)
[Anciennement Donner Metals Ltd. (« DON »)]
TYPE DE BULLETIN : Changement de dénomination sociale
DATE DU BULLETIN : Le 6 novembre 2014
Société du groupe 2 de TSX Croissance

La société a modifié sa dénomination sociale de Donner Metals Ltd. à Ressources Sphinx ltée. Il n'y a pas de consolidation du capital-actions.

Les actions ordinaires de Ressources Sphinx ltée seront admises à la négociation de la Bourse de croissance TSX à l'ouverture des affaires vendredi le 7 novembre 2014 et les actions ordinaires de Donner Metals Ltd. seront retirées de la cote. La société est catégorisée dans le secteur « extraction de tous les autres minerais métalliques" (numéro de SCIAN : 212299).

Capitalisation :                          

Un nombre illimité d'actions ordinaires sans valeur nominale,


dont 29 048 336 actions sont émises et en circulation

Titres entiercés :                       

Aucune action



Agent des transferts :                

Société de fiducie Computershare du Canada, Vancouver

Symbole au téléscripteur :         

SFX                   

(nouveau)

Numéro de CUSIP :                     

848422101

(nouveau)

____________________________________

STERLING RESOURCES LTD. ("SLG")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  November 6, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 15, 2014 and closed July 24, 2014:

Number of Shares:                                              

71,579,746 shares



Purchase Price:                                                  

$0.482 per share



Warrants:                                                            

None



Number of Placees:                                             

4 placees



Insider / Pro Group Participation:





Insider=Y /


Name                                                                 

ProGroup=P                                                       

# of Shares

Waterford Finance & Investment Limited            

Y                                                                           

44,539,419

Ingalls & Snyder LLC                                         

Y                                                                           

11,134,855

Meridian Capital International Fund                    

Y                                                                            

7,952,736

YF Finance Limited                                            

Y                                                                            

7,952,736



Finder's Fee:                                                      

None

________________________________________

SUNSET PACIFIC PETROLEUM LTD. ("SPK")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  November 6, 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 16, 2014:

Number of Shares:                    

350,000 shares


Purchase Price:                        

$0.15 per share


Warrants:                                 

350,000 share purchase warrants to purchase 350,000 shares


Warrant Exercise Price:            

$0.17 for a five 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.]

________________________________________

SUNSET PACIFIC PETROLEUM LTD. ("SPK")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  November 6, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 1, 2014:

Number of Shares:                    

1,666,666 shares


Purchase Price:                        

$0.15 per share


Warrants:                                 

1,666,666 share purchase warrants to purchase 1,666,666 shares


Warrant Exercise Price:            

$0.17 for a five year period


Number of Placees:                   

4 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. [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.]

________________________________________

ULTRA RESOURCES CORP. ("ULT")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  November 6, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange (the 'Exchange') has accepted for filing documentation pertaining to an agreement dated July 24, 2014 (the 'Agreement'), among Ultra Resources Corp. (the 'Company') and Goldbank Mining Corporation. (the 'Vendor').  Pursuant to the Agreement, the Company will have the right to acquire the Vendors 51% interest in the Buck Lake property (the 'Property'), located in Ontario.

Under the terms of the Agreement, consideration to acquire the 51% interest in the Property is 2,200,000 common shares payable on closing and the issuance of a $250,000 promissory note (the 'Note').  The Note is due on or before June 1, 2016, after which 12% interest will accrue on any unpaid amounts.

Insider / Pro Group Participation:  Gwen Wegner is the Corporate Secretary of the Company and the Vendor. Kirk Shaw, Irvin Ridd and John Brydle, each Insiders of the Company, also hold common shares in the Vendor.

For additional information please refer to the Company's news releases dated July 24, 2014, and November 5, 2014.

________________________________________

WESCAN ENERGY CORP. ("WCE")
BULLETIN TYPE:  Halt
BULLETIN DATE:  November 6, 2014
TSX Venture Tier 2 Company

Effective at 6:00 a.m., PST, November 6, 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.

________________________________________

NEX COMPANIES:

BULLETIN TYPE:  Cease Trade Order
BULLETIN DATE:  November 5, 2014
NEX Company

A Cease Trade Order has been issued by the British Columbia Securities Commission on November 5, 2014 against the following company for failing to file the documents indicated within the required time period:

Symbol     

Tier     

Company                                  

Failure to File                                          

Period





Ending





(Y/M/D)

CFA.H       

NEX      

Clear Gold Resources Inc.         

A comparative financial statement          



for its financial year ended                      

14/06/30








A Form 51-102F1 Management's          





Discussion and Analysis for the             





period ended                                          

 14/06/30

Upon revocation of the Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements.  Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.

________________________________________

CASPIAN ENERGY INC. ("CKZ.H")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  November 6, 2014
NEX Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 4, 2014:

Convertible Debenture                                

US$1,500,000



Conversion Price:                                       

Convertible into a maximum of 24,336,428 common shares



Maturity date:                                             

December 31, 2014



Interest rate:                                               

12% per annum



Number of Placees:                                    

2 placees



Insider / Pro Group Participation:


Insider=Y /


Name                                                          

ProGroup=P                                  

# of Shares

Meridian International Capital Fund             

Y                                                      

18,201,215

Firebird Global Master Fund



Holding Ltd.,

Firebird Avrora Fund, Ltd.,



Firebird Republics Fund L.P.,



Firebird Fund L.P. and Firebird

New Russia Fund Ltd.                                  

Y                                                        

6,135,213

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.

________________________________________

PEDRO RESOURCES LTD. ("PED.H")
BULLETIN TYPE:  Consolidation
BULLETIN DATE:  November 6, 2014
NEX Company

Pursuant to a resolution passed by directors October 9, 2014, the Company has consolidated its capital on a (5) five old for (1) one new basis.  The name of the Company has not been changed.

Effective at the opening on Friday, November 7, 2014, the common  shares of  Pedro Resources Ltd. will commence trading on TSX Venture Exchange on a consolidated basis.

Post - Consolidation


Capitalization:                         

Unlimited

shares with no par value of which

5,024,961

shares are issued and outstanding

Escrow                                              

nil

shares





Transfer Agent:                         

Computershare Investor Services Inc.

Trading Symbol:                        

PED.H              


(UNCHANGED)

CUSIP Number:                         

705343 20 0

(NEW)

________________________________________

SOURCE: TSX Venture Exchange

Market Information Services at 1-888-873-8392, or email: [email protected]

Organization Profile

TSX Venture Exchange