TSX Venture Exchange Daily Bulletins
Nov 07, 2014, 20:52 ET
VANCOUVER, Nov. 7, 2014 /CNW/ -
TSX VENTURE COMPANIES:
3TL TECHNOLOGIES CORP. ("TTM")
[formerly KCO Capital Inc. ("KCO.P")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Name Change, Private Placement-Brokered, Resume Trading
BULLETIN DATE: November 7, 2014
TSX Venture Tier 2 Company
RESUME TRADING
Effective at the opening on Monday, November 10, 2014, trading will resume.
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 Monday, November 10, 2014, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following:
1. ACQUISITION:
The Acquisition of all of the securities of 3 Tier Logic Inc. in consideration of the issuance of 46,150,000 shares of the Company.
The Exchange has been advised that the transaction approved by the Directors on March 10, 2014 has been completed.
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| David Raffa |
Y |
900,000 |
2. NAME CHANGE:
Pursuant to a resolution passed by the Directors on October 21, 2014, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening on Monday, November 10, 2014, the common shares of 3TL Technologies Corp. will commence trading on TSX Venture Exchange and the common shares of KCO Capital Inc. will be delisted. The Company is classified as an "Internet Advertising Software Provider" company.
| Capitalization: |
Unlimited |
shares with no par value of which |
|
| 71,017,664 |
shares are issued and outstanding |
||
| Escrow: |
31,320,000 |
shares on escrow |
| Transfer Agent |
Equity Financial Trust Company |
|
| Trading Symbol: |
TTM |
(NEW) |
| CUSIP Number |
88580 X 100 |
(NEW) |
3. PRIVATE PLACEMENT-BROKERED:
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced May 2, 2014.
| Number of Shares: |
11,682,600 shares |
| Purchase Price: |
$0.25 per share |
| Number of Placees: |
121 Placees |
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aggregate Pro-Group Involvement |
P |
825,000 |
| [4 Placees] |
| Agents |
Global Securities Corporation & Haywood Securities Inc. |
| Agents' Fee: |
The aggregate cash commission was $232,652 and 934,608 Agents' Options were issued. Each Agent Option is exerciseable at $0.25 for a 24 month period. |
| Company Contact: |
Charles Abel |
| Company Address: |
422 Richards St., Suite 160, Vancouver, BC, V6B 2Z4 |
| Company Phone Number: |
604-639-5440 |
| Company Fax Number: |
N/A |
| Company Email Address: |
________________________________
BAYHORSE SILVER INC ("BHS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 7, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing option and joint venture agreement (the "Agreement") dated December 4, 2013 between the Company and Bayhorse Silver Mine, LLC. ("Bayhorse"), America Cordillera Mining Corporation and Amcor Exploration, Inc. (a wholly owned subsidiary of American Cordillera Mining Corporation and collectively therewith, ("AMCOR"). The Agreement gives the Company the right to earn up to an 80% interest 3 patented mining claims and 10 unpatented lode mining claims, collectively known as the Bayhorse Silver Mine, located in Oregon (the "Property").
AMCOR will receive a 2% Net Smelter Royalty ("NSR") on all products sold from the Property having a gross value of less than US$500 per ton and an 3% NSR will apply to all products sold from the Property having a gross value equal to or greater than US$500 per ton.
The Company has to the right to exercise a buy-out clause to purchase a 100% interest in the Property from Bayhorse and upon exercise of the buy-out, the Mining Lease is terminated (except for retaining 1% and AMCOR will be obligated to contribute 20% of the costs of the acquisition of the Property.
In order to acquire an 80% interest in the Property, the Company must make a total payment of $25,000 cash, issue a total of 1,500,000 shares and spend CDN$1.5 million in exploration expenditures within a 5 year period.
For further information, please see the Company's news release December 10, 2013.
________________________________________
BRADES RESOURCE CORP. ("BRA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 7, 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:
| Second Tranche: |
|
| Number of Shares: |
1,963,636 shares |
| Purchase Price: |
$0.055 per share |
| Warrants: |
1,963,636 share purchase warrants to purchase 1,963,636 shares |
| Warrant Exercise Price: |
$0.07 for an eighteen-month period |
| Number of Placees: |
4 placees |
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Cyrus Driver |
Y |
400,000 |
| Finder's Fee: |
$6,000 cash payable to Ariel Partners LLP |
|
| $880 cash payable to Strategic Structures 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. 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.
________________________________________
FULL METAL MINERALS LTD. ("FMM")
BULLETIN TYPE: Consolidation
BULLETIN DATE: November 7, 2014
TSX Venture Tier 2 Company
Pursuant to a resolution passed by the directors of the Company on October 22, 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 Monday, November 10, 2014, the Class A common shares of Full Metal Minerals 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 |
|
| 5,930,940 |
shares are issued and outstanding |
||
| Escrow |
Nil |
shares |
| Transfer Agent: |
Computershare Investor Services Inc. |
|
| Trading Symbol: |
FMM |
(UNCHANGED) |
| CUSIP Number: |
35968C604 |
(NEW) |
________________________________________
INTERNATIONAL FRONTIER RESOURCES CORPORATION ("IFR")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: November 7, 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: |
4,000,000 |
| Original Expiry Date of Warrants: |
November 12, 2015 |
| New Expiry Date of Warrants: |
November 12, 2016 |
| Exercise Price of Warrants: |
$0.10 |
These warrants were issued pursuant to a private placement of 4,000,000 shares with 4,000,000 share purchase warrants attached, which was accepted for filing by the Exchange effective November 11, 2013.
________________________________________
MINFOCUS EXPLORATION CORP. ("MFX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 7, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Letter of Agreement Property Option Earn-in Agreement between Minfocus Exploration Corp. (the Company) and Neil Victor Froc (the Vendor) whereby the Company can earn a 100% interest in the Myst Metals Property (689.13 hectares) located near Dease Lake in Northern BC. Consideration is $7,000 cash and 400,000 shares payable over two years. The property is subject to a 2% NSR with the Company retaining the right to purchase up to 1% for $500,000 per 0.5%.
________________________________________
MONUMENT MINING LIMITED ("MMY")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 7, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing a Tenement Purchase Agreement dated August 28, 2014 between Monument Mining Limited (the Company) and Phosphate Australia Limited (the Vendor) whereby the Company has acquired a 100% interest in the Tuckanarra Gold Project, consisting of 8 exploration and prospecting licenses and a mining lease application, located in the Murchison Mining District in Western Australia. Consideration is Aus$2,000,000 and 10,000,000 common shares.
________________________________________
PJX RESOURCES INC. ("PJX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 7, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 22, 2014 and October 9, 2014:
| Number of Shares: |
2,095,000 flow-through shares and |
| 3,744,245 non flow-through shares |
|
| Purchase Price: |
$0.15 per flow-through share and |
| $0.125 per non flow-through share |
|
| Warrants: |
5,839,245 share purchase warrants to purchase 5,839,245 shares |
| Warrant Exercise Price: |
$0.20 for a two year period |
| Number of Placees: |
22 placees |
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| George Patton |
Y |
1,600,000 |
| John Keating |
Y |
100,000 |
| Linda Brennan |
Y |
50,000 |
| Aggregate Pro Group Involvement |
P |
150,000 |
| [1 placee] |
||
| Finder's Fee: |
An aggregate of $33,800 payable to PI Financial Corp., Chippingham Financial Corp. and Canaccord Genuity 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. 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.
________________________________________
QE ACQUISITION CORP. ("QE")
BULLETIN TYPE: Resume Trading, Qualifying Transaction-Completed/New Symbol, Company Tier Reclassification, Name Change, Correction
BULLETIN DATE: November 7, 2014
TSX Venture Tier 1 Company
Further to the TSX Venture Exchange Bulletin dated November 4, 2014, the Bulletin should have read as follows in relation to an insiders' holdings of shares in the Company:
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Fletcher Morgan |
Y |
1,100,000 |
In all other respects the Bulletin remains unchanged.
________________________________________
SILVER SPRUCE RESOURCES INC. ("SSE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 7, 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 and October 30, 2014:
| Number of Shares: |
2,730,000 flow-through units ("FT Unit") |
| Each FT Unit consists of one flow-through common share and one half common share purchase warrant |
|
| 100,000 common share units ("Unit") |
|
| Each FT Unit consists of one common share and one common share purchase warrant |
|
| Purchase Price: |
$0.05 per FT Unit |
| $0.05 per Unit |
|
| Warrants: |
1,465,000 share purchase warrants to purchase 1,465,000 shares |
| Warrant Exercise Price: |
$0.10 for up to 24 months from date of issuance |
| Number of Placees: |
6 placees |
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Units |
| Peter M. Dimmell |
Y |
100,000 Units |
| Lloyd G. Hillier |
Y |
2,100,000 FT Units |
| Finder's Fee: |
None |
________________________________________
SQI DIAGNOSTICS INC. ("SQD")
BULLETIN TYPE: Halt
BULLETIN DATE: November 7, 2014
TSX Venture Tier 2 Company
Effective at 12:17 p.m., PST, November 7, 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.
________________________________________
URANIUM STANDARD RESOURCES LTD. ("USR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 7, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of a Property Purchase Agreement dated October 23, 2014 between Uranium Standard resources Ltd. (the "Company") and Doctors Investment Group Ltd. (Insider: Michael Ross. The "Vendor") whereby the Company can earn a 100% interest in the Wheeler Lake Project (the "Property") which comprises of four mineral claims covering a 2,747 hectare area located along the southern margin of the Athabasca Basin.
Under the terms of the agreement, the Company can earn a 100% interest in the Property by paying $25,000 upon signing, issuing 1,900,000 common shares and incurring $2,000,000 in exploration expenditures within the next six years.
A 1% net royalty interest has also been granted to the Vendor, of which 0.5% can be purchased by the Company for $1,000,000.
________________________________________
WESTMINSTER RESOURCES LTD. ("WMR")
BULLETIN TYPE: Consolidation
BULLETIN DATE: November 7, 2014
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by directors on October 16, 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 Monday, November 10, 2014, the common shares of Westminster Resources 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 |
|
| 11,327,292 |
shares are issued and outstanding |
||
| Escrow |
Nil |
shares |
| Transfer Agent: |
Computershare Investor Services Inc. |
||
| Trading Symbol: |
WMR |
(UNCHANGED) |
|
| CUSIP Number: |
960755 20 5 |
(NEW) |
|
________________________________________
NEX COMPANY:
EMPEROR OIL LTD. ("EM.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 7, 2014
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 22, 2014 and November 3, 2014:
| Number of Shares: |
16,460,000 shares |
| Purchase Price: |
$0.05 per share |
| Warrants: |
16,460,000 share purchase warrants to purchase 16,460,000 shares |
| Warrant Exercise Price: |
$0.10 for a one year period |
| Number of Placees: |
17 placees |
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Mark Bloom |
Y |
1,000,000 |
| Jett Energy Corp. (Gregory Fedun) |
Y |
2,000,000 |
| Gregory Fedun |
Y |
900,000 |
| Finder's Fee: |
$4,400 and 88,000 non-transferable broker warrants payable to PI Financial Corp. Each broker warrant is exercisable at a price of $0.10 for a one 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.
________________________________________
SOURCE: TSX Venture Exchange
For further information: Market Information Services at 1-888-873-8392, or email: [email protected]
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