VANCOUVER, Nov. 13, 2014 /CNW/ -
TSX VENTURE COMPANIES:
ALBERTA STAR DEVELOPMENT CORP. ("ASX")
BULLETIN TYPE: Property-Asset or Share Acquisition Agreement, Private Placement-Brokered
BULLETIN DATE: November 13, 2014
TSX Venture Tier 2 Company
Property-Asset or Share Acquisition Agreement:
TSX Venture Exchange Inc. (the 'Exchange') has accepted for filing option and joint venture agreement between Alberta Star Development Corp. ("Alberta Star") and Niocorp Developments Ltd. ("Niocorp") dated October 24, 2014 (the "Option Agreement"). Pursuant to the Option Agreement, Niocorp has granted Alberta Star an option to acquire a 60% interest in one (1) mining claim in northern Saskatchewan (the 'Property').
Under the terms of the Option Agreement, the consideration is as follows:
| WORK |
|||
| CASH |
SHARES |
EXPENDITURES |
|
| On or before October 20, 2015 |
Nil |
Nil |
$250,000 |
| On or before October 20, 2016 |
Nil |
Nil |
$500,000 |
| On or before October 20, 2017 |
Nil |
Nil |
$1,000,000 |
As a condition of the Option Agreement, Alberta Star must acquire not less than $1,500,000 in special warrants pursuant to a Niocorp. offering (see below).
Insider / Pro Group Participation: None
For further information please refer to Alberta Star's news release dated October 27, 2014 which is available under Alberta Star's profile on SEDAR.
________________________________________
ASIABASEMETALS INC. ("ABZ")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 13, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to an option agreement dated August 25, 2014 between the Company and Great Lakes Resources Ltd. whereby the Company can acquire a 100% in the Jean Iron Ore Project consisting of 17 claims totaling 1,824 hectares located in the Thunder Bay Mining District of Ontario in consideration of $300,000, 1,600,000 common shares and incurring $160,000 work commitment.
________________________________________
AUMENTO CAPITAL V CORPORATION ("AMN.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 13, 2014
TSX Venture Tier 2 Company
Effective at 11:45 A.M, PST, November 13, 2014, shares of the Company resumed trading, an announcement having been made.
________________________________________
AUMENTO CAPITAL V CORPORATION ("AMN.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: November 13, 2014
TSX Venture Tier 2 Company
Reference is made to our bulletin dated November 12, 2014, with respect to the listing of the Company's shares.
We have received confirmation that the closing has occurred. Therefore, the common shares of the Company which were listed at the close of business yesterday November 12, 2014, commenced trading upon confirmation of closing the public offering on Thursday, November 13, 2014.
The Company has completed its public offering of securities after the opening of market on November 13, 2014. The gross proceeds received by the Company for the Offering are $609,000 (1,015,000 common shares at $0.60 per share).
COLT RESOURCES INC. ("GTP")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: November 13, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's documentation in connection with the grant of bonus warrants (the "Warrants") to purchase a total of 5,550,000 common shares at the exercise price of US$0.45 on or before November 1, 2018, pursuant to 10% Secured Senior Notes (the "Senior Notes") Financing of US$2,500,000. Mr. Richard Quesnel, who was the Company's Executive Chairman at the time of that financing, subscribed to US$2,000,000 in principal amount of Senior Notes and received Warrants to purchase 4,444,444 common shares.
| Finder's Fee: |
TerraNova Capital Capital Equities, Inc. received finder's warrants to purchase 111,111 common shares at an exercise price of US$0.45 per common share on or before November 1, 2016. |
The Company announced the closing of that financing in a news release dated November 4, 2013.
COLT RESOURCES INC. (« GTP »)
TYPE DE BULLETIN : Émission d'actions en paiement de primes
DATE DU BULLETIN : Le 13 novembre 2014
Société du groupe 2 de TSX croissance
Bourse de croissance TSX a accepté le dépôt de documents par la société, relativement à l'octroi de bons de souscription (les « bons de souscription ») à titre de prime permettant de souscrire un total de 5 550 000 actions ordinaires au prix d'exercice de 0,45 $ US le ou avant le 1 novembre 2018, en vertu d'un financement de 2 500 000 $ US sous forme de billets de premier rang (les « billets ») comportant un taux d'intérêt de 10%. Monsieur Richard Quesnel, qui était le président exécutif du conseil de la société au moment de ce financement, a souscrit pour un montant 2 000 000 $ US en capital de ces billets et a reçu des bons de souscription permettant de souscrire 4 444 444 actions ordinaires.
| Frais d'intermédiaire : |
TerraNova Capital Capital Equities, Inc. a reçu des bons de souscription permettant de souscrire 111 111 actions ordinaires au prix d'exercice de 0,45 $ US par action ordinaire le ou avant le 1 novembre 2016. |
La société a confirmé la clôture de ce financement par communiqué de presse daté du 4 novembre 2013.
__________________________________________
CORONADO RESOURCES LTD. ("CRD")
BULLETIN TYPE: Consolidation
BULLETIN DATE: November 13, 2014
TSX Venture Tier 1 Company
Pursuant to a resolution passed by the directors on October 23, 2014, the Company has consolidated its capital on a (7) seven old for (1) one new basis. The name of the Company has not been changed.
Effective at the opening on Friday, November 14, 2014, the common shares of Coronado Resources Ltd. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Power Production' company.
| Post - Consolidation |
|||
| Capitalization: |
Unlimited |
shares with no par value of which |
|
| 11,324,727 |
shares are issued and outstanding |
||
| Escrow |
1,511,603 |
shares are subject to escrow |
|
| Transfer Agent: |
Computershare Trust Company of Canada |
||
| Trading Symbol: |
CRD |
(UNCHANGED) |
|
| CUSIP Number: |
219791308 |
(NEW) |
|
________________________________________
EXITO ENERGY ll INC. ("EXI.P")
BULLETIN TYPE: Halt
BULLETIN DATE: November 13, 2014
TSX Venture Tier 2 Company
Effective at 9:59 a.m., PST, November 13, 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.
________________________________________
EXITO ENERGY ll INC. ("EXI.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: November 13, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated November 13, 2014, effective at 10:10 a.m., November 13, 2014, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding a Qualifying Transaction pursuant to TSXV Listings Policy 2.4. 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.
________________________________________
KAZAX MINERALS INC. ("KZX")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: November 13, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement of convertible debentures announced October 9, 2014. A conversion feature has been added to loan proceeds previously advanced to the Company:
| Convertible Debenture: |
US$20,000,000 |
|
| Conversion Price: |
Convertible into 110,000,000 common share at a conversion |
|
| price of CAD$0.20. |
||
| Maturity date: |
Six months from date of issuance, subject to an extension to |
|
| December 31, 2016 under certain conditions. |
||
| Warrants |
100,000,000 warrants will be issued to the debenture holders. |
|
| Each warrant will expire on December 31, 2016, subject to an |
||
| accelerated expiry. |
||
| Interest rate: |
12.5% per annum |
|
| Number of Placees: |
2 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
Value of Debenture |
| Riad Al Sadek |
Y |
US$10,000,000 |
| Mostagh Mostaghi |
Y |
US$10,000,000 |
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.
________________________________________
KENIEBA GOLDFIELDS LTD. ("KEN")
BULLETIN TYPE: Private Placement-Non-Brokered; Amendment
BULLETIN DATE: November 13, 2014
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated September 17, 2014, the Company has advised that the first tranche of the private placement did not close and no shares were issued. The Company issued a news release on November 4, 2014 confirming that the private placement has been cancelled.
________________________________________
MOVARIE CAPITAL LTD. ("MOV.P")
BULLETIN TYPE: Notice – QT Not Completed – Approaching 24 Months of Listing
BULLETIN DATE: November 13, 2014
TSX Venture Tier 2 Company
The shares of the Company were listed on TSX Venture Exchange on December 13, 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 the 24 month deadline date of December 15, 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.
_______________________________________
NEWTON ENERGY CORPORATION ("NTN")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: November 13, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 19, 2014:
| Convertible Debenture: |
1,950 units ("Units") at a price of $100 per Unit. |
|
| Each Unit consists of $100 aggregate principal amount of convertible |
||
| unsecured debentures and 2,000 common share purchase warrants |
||
| ("Warrants"). |
||
| Conversion Price: |
Convertible into common shares ("Shares") at a price of $0.05 |
|
| per Share |
||
| Maturity date: |
3 years from date of issuance |
|
| Warrants |
Each Warrant will have a term of 3 years from the date of issuance |
|
| and entitle the holder to purchase one common share at an |
||
| exercise price of $0.05 |
||
| Interest rate: |
12% per annum |
|
| Number of Placees: |
4 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P / |
Debenture Units |
| Supreme Pacific Holdings Inc. |
||
| (Merv Chia) |
Y |
1,000 |
| Fram Moos |
Y |
250 |
| Lost In Space, Inc. (Dale Burstall) |
Y |
200 |
| Finder's Fee: |
None |
For further information, please see the Company's press release dated November 3, 2014.
________________________________________
NEXGEN ENERGY LTD. ("NXE")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: November 13, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced October 9, 2014:
| Number of Shares: |
25,000,000 shares |
|
| Purchase Price: |
$0.46 per share |
|
| Number of Placees: |
24 placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aggregate Pro Group |
||
| Involvement [1 placee] |
P |
326,087 |
| Agent's Fee: |
Cormark Securities Inc. $345,000 cash |
|
| Dundee Securities Inc. $241,500 cash |
||
| Cantor Fitzgerald LP $69,000 |
||
| Edgecrest Capital Corp. $34,500 |
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.
________________________________________
REDHILL RESOURCES CORP. ("RHR")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: November 13, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 300,000 shares in consideration of certain services to be provided to the company pursuant to an agreement dated September 24, 2014.
________________________________________
ROBEX RESOURCES INC. ("RBX")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: November 13, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to the implementation a new international corporate structure.
For further information, please refer to the Company's press releases dated May 7, 2014 and June 10, 2014.
RESSOURCES ROBEX INC. (« RBX »)
TYPE DE BULLETIN : Divers
DATE DU BULLETIN : Le 13 novembre 2014
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents relativement à la mise en place d'une nouvelle structure corporative internationale.
Pour de plus amples renseignements, veuillez-vous référer aux communiqués de presse de la société datés du 7 mai et du 10 juin 2014.
______________________________________
SELECT SANDS CORP. ("SNS")
[formerly La Ronge Gold Corp. ("LAR")]
BULLETIN TYPE: Name Change
BULLETIN DATE: November 13, 2014
TSX Venture Tier 2 Company
Pursuant to a special resolution dated October 30, 2014, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening on Friday, November 14, 2014, the common shares of Select Sands Corp. will commence trading on TSX Venture Exchange, and the common shares of La Ronge Gold Corp. will be delisted. The Company is classified as a 'Mineral Exploration and Development' company.
| Capitalization: |
Unlimited |
shares with no par value of which |
|
| 41,676,408 |
shares are issued and outstanding |
||
| Escrow: |
625 |
shares |
|
| Transfer Agent: |
Computershare Investor Services Inc. |
||
| Trading Symbol: |
SNS |
(NEW) |
|
| CUSIP Number: |
81619L106 |
(NEW) |
|
________________________________________
TEUTON RESOURCES CORPORATION ("TUO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 13, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation with respect to a Non-Brokered Private Placement announced September 8, 2014:
| Number of Shares: |
2,295,000 shares |
| Purchase Price: |
$0.10 per share |
| Warrants: |
2,295,000 share purchase warrants to purchase 2,295,000 shares |
| Warrant Exercise Price: |
$0.125 for a one year period |
| $0.15 in the second year |
|
| Number of Placees: |
13 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.
________________________________________
VALGOLD RESOURCES LTD. ("VAL")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: November 13, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 12, 2014:
| Convertible Debenture: |
$200,000 |
|
| Conversion Price: |
Convertible into units consisting of one common share and one |
|
| common share purchase warrant at $0.05 of principal outstanding |
||
| in year one, at $0.10 per unit thereafter. |
||
| Maturity date: |
The earlier of (i) 5 years and (ii) the redemption of the debentures. |
|
| Warrants |
Each warrant will have a term of five years from the date of |
|
| issuance of the notes and entitle the holder to purchase one |
||
| common share. The warrants are exercisable at the price of |
||
| $0.05 per share. |
||
| Interest rate: |
10% per annum |
|
| Number of Placees: |
8 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
$ of Debentures |
| Pinetree Capital Ltd. |
Y |
$50,000 |
| Rod Whyte |
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.
________________________________________
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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