VANCOUVER, Nov. 14, 2014 /CNW/ -
TSX VENTURE COMPANIES:
BFK CAPITAL CORP. ("BFK.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: November 14, 2014
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Prospectus dated October 23, 2014 has been filed with and accepted by TSX Venture Exchange and the Ontario, Alberta and British Columbia Securities Commissions effective October 24, 2014, pursuant to the provisions of the respective Securities Acts. The Common Shares of the Company will be listed on TSX Venture Exchange on the effective date stated below.
The Company has completed its initial distribution of securities to the public. The gross proceeds received by the Company for the Offering were $600,000 (1,000,000 common shares at $0.60 per share).
| Commence Date: |
At the opening Monday November 17, 2014, the Common shares will commence trading on TSX Venture Exchange. |
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| Corporate Jurisdiction: |
Ontario |
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| Capitalization: |
Unlimited |
common shares with no par value of which |
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| 2,666,665 |
common shares are issued and outstanding |
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| Escrowed Shares: |
1,676,665 |
common shares |
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| Transfer Agent: |
Equity Financial Trust Company |
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| Trading Symbol: |
BFK.P |
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| CUSIP Number: |
05543X100 |
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| Agent: |
Canaccord Genuity Corp. |
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| Agent's Options: |
100,000 non-transferable stock options. One option to purchase one share at $0.60 per share for up to 24 months. |
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For further information, please refer to the Company's Prospectus dated October 23, 2014.
| Company Contact: |
Rocky Bellotti |
| Company Address: |
365 Bay Street, Suite 400 |
| Toronto, ON M5H 2V1 |
|
| Company Phone Number: |
416-750-4949 |
| Company Fax Number: |
416-361-2519 |
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CARIBOU KING RESOURCES LTD. ("CKR")
BULLETIN TYPE: Consolidation
BULLETIN DATE: November 14, 2014
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders on November 10, 2014, the Company has consolidated its capital on a (15) fifteen old for (1) one new basis. The name of the Company has not been changed.
Effective at the opening on Monday, November 17, 2014, the common shares of Caribou King Resources Ltd. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mining Exploration/Development' company.
Post - Consolidation
| Capitalization: |
Unlimited |
shares with no par value of which |
| 5,700,897 |
shares are issued and outstanding |
|
| Escrow |
Nil |
shares |
| Transfer Agent: |
TMX Equity Transfer Services |
|
| Trading Symbol: |
CKR |
(UNCHANGED) |
| CUSIP Number: |
142084201 |
(NEW) |
________________________________________
GOLDON RESOURCES LTD. ("GLD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 14, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 6, 2014:
| Number of Shares: |
1,500,000 shares |
| Purchase Price: |
$0.05 per share |
| Warrants: |
375,000 share purchase warrants to purchase 375,000 shares |
| Warrant Exercise Price: |
$0.05 for a one year period |
| Number of Placees: |
1 placee |
Insider / Pro Group Participation:
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Trelawney Mining and Exploration Inc. |
Y |
1,500,000 |
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.]
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INTERNATIONAL SAMUEL EXPLORATION CORP. ("ISS")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: November 14, 2014
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated November 5, 2014, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission dated November 5, 2014 has been revoked.
Effective at the opening on Monday, November 17, 2014, trading will be reinstated in the securities of the Company (CUSIP 46027W 20 0).
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KAROO EXPLORATION CORP. ("KE")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: November 14, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 250,000 bonus shares at a deemed price of $0.05 per share to an arm's length creditor in consideration of an existing loan totaling $86,250.
Please refer to the Company's news release of July 11, 2014 for further details.
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KENIEBA GOLDFIELDS LTD. ("KEN")
BULLETIN TYPE: Delist
BULLETIN DATE: November 14, 2014
TSX Venture Tier 2 Company
Effective at the close of business Tuesday, November 18, 2014, the common shares will be delisted from TSX Venture Exchange at the request of the Company.
The Company will continue to trade on the Canadian Securities Exchange.
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MAPLE LEAF GREEN WORLD INC. ("MGW")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: November 14, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a Sale Agreement dated November 29, 2013 (the "Agreement") between the Company and Rutang Liao (the "Purchaser"). As per the terms of the Agreement, the Company sold 100% of its wholly owned Chinese subsidiary Inner Mongolia Greenhouse for CDN$690,000.
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MINERAL HILL INDUSTRIES LTD. ("MHI")
BULLETIN TYPE: Halt
BULLETIN DATE: November 14, 2014
TSX Venture Tier 2 Company
Effective at 12:24 p.m., PST, November 14, 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.
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NEWTON ENERGY CORPORATION ("NTN.H")
[formerly Newton Energy Corporation ("NTN")]
BULLETIN TYPE: Property-Asset or Share Disposition Agreement, Transfer and New Addition to NEX, Symbol Change, Remain Halted
BULLETIN DATE: November 14, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to an Share Purchase Agreement dated September 30, 2014 (the "Agreement") between the Company and Hutton Energy PLC, an arm's length, private oil and gas company (the "Purchaser"), whereby the Company has sold all of the issued and outstanding securities of the Company's wholly owned subsidiary, Newton Energy UK Limited ( "Newton UK"), to the Purchaser. In consideration, the Purchaser: (i) paid £500,000 upon the execution of the definitive agreement, less £45,000 for working capital adjustments; and (ii) will pay £250,000 on June 30, 2015. In addition, the Purchaser shall: (i) provide the Company with a 5% gross overriding royalty on any hydrocarbons sold under the licences to a maximum of £2,000,000; (ii) fund 100% of the costs to drill and complete or abandon one well on the Newton UK licences; (v) fund 100% of the costs of maintaining the licenses through June 30, 2015; (iii) provide the Company with 75% of the proceeds from a farm-in by a third party on the Newton UK licences prior to June 30, 2015 originated by the Company; and (iv) provide the Company with 25% of the proceeds from a farm-in by a third party on the Newton UK licenses prior to June 15, 2015 originated by the Purchaser "Purchaser Farm-ins"). The funds received by the Company pursuant to the Purchaser Farm-ins will be deducted from the £250,000 payment on June 30, 2015.
Upon closing of this transaction, the Company will have disposed of all or substantially all its assets.
Insider / Pro Group Participation: None
For further information please refer to the Company's Information Circular dated October 20, 2014 and press releases dated July 3, 2014, October 2, 2014 and November 14, 2014.
In accordance with TSX Venture Policy 2.5, upon closing of the above transaction the Company will not maintain the requirements for a TSX Venture Tier 2 company. Therefore, effective Monday, November 17, 2014, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Calgary to NEX.
As of Monday, November 17, 2014, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.
The trading symbol for the Company will change from NTN to NTN.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.
REMAIN HALTED:
Further to the TSX Venture Exchange bulletin dated July 14, 2014, the Company's common shares will remain halted.
The Company is classified as an 'Oil and Gas Exploration, Development and Production' company.
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QUARTZ MOUNTAIN RESOURCES LTD. ("QZM")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: November 14, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to an amendment agreement dated October 1, 2014 between the Company and Bearclaw Capital Corporation ("Bearclaw"), as announced in the news release dated October 10, 2014, whereby the Mineral Property Purchase Agreement accepted by the Exchange on August 22, 2012 and amended on July 4, 2013 has been further amended, as to the debenture, as follows:
| a) |
remove the maturity date, |
| b) |
provide for annual repayment installments, |
| c) |
provide for payment of $50,000 by the Company to Bearclaw on or before October 8, 2014, |
| d) |
reduce the rate of interest to 7.5%, |
| e) |
change the conversion price and provisions to automatically convert 50% of the outstanding principle in the event of minimum equity investment, |
| f) |
prepayment by the Company without penalty |
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SPECTRA7 MICROSYSTEMS INC. ("SEV")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: November 14, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's documentation pertaining to a loan facility (the "Loan") between Spectra7 Microsystems Inc. (the "Company") and an arm's length lender (the "Lender"). The Lender has provided a $4,750,000 loan which shall mature on August 31, 2016 and bear an interest rate of 12% per annum.
Additionally, the Exchange has accepted for filing an aggregate bonus of 2,500,000 bonus warrants (each exercisable into one common share at a price of $0.60 with an expiry date of August 31, 2016) to be issued to the Lender in connection with the Loan.
For more information, refer to the Company's news release dated October 9, 2014.
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TURBO CAPITAL INC. ("TBO")
[formerly Brookemont Capital Inc. ("BKT")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: November 14, 2014April 11, 2012
TSX Venture Tier 2 Company
Pursuant to a resolution passed by the directors on November 3, 2014, the Company has consolidated its capital on a (2) two old for (1) one new basis. The name of the Company has also been changed as follows.
Effective at the opening on Monday, November 17, 2014, the common shares of Turbo Capital Inc. will commence trading on TSX Venture Exchange, and the common shares of Brookemont Capital Inc. will be delisted. The Company is classified as a 'Mining Exploration' company.
Post - Consolidation
| Capitalization: |
Unlimited |
shares with no par value of which |
| 41,576,631 |
shares are issued and outstanding |
|
| Escrow: |
Nil |
shares |
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
TBO |
(NEW) |
| CUSIP Number: |
89989G102 |
(NEW) |
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URAGOLD BAY RESOURCES INC. ("UBR")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 14, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 282,500 shares at a deemed price of $0.05 per share to settle outstanding debts of $14,125, as described in the Company's press release dated November 5, 2014.
| Number of Creditors: |
1 creditor |
The Company will issue a press release when the shares are issued and the debt is extinguished.
RESSOURCES DE LA BAIE D'URAGOLD INC. (« UBR »)
TYPE DE BULLETIN : Émission d'actions en règlement d'une dette
DATE DU BULLETIN : Le 14 novembre 2014
Société du groupe 2 de TSX croissance
Bourse de croissance TSX a accepté le dépôt de la documentation de la société en vertu de l'émission proposée de 282 000 actions au prix d'émission réputé de 0,05 $ l'action en règlement d'une dette de 14 125 $, tel que divulgué dans un communiqué de presse émis par la société le 5 novembre 2014.
| Nombre de créanciers : |
1 créancier |
La société émettra un communiqué de presse lorsque les actions seront émises et que la dette sera réglée.
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VENTRIPOINT DIAGNOSTICS LTD. ("VPT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 14, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 937,500 common shares at a deemed price of $0.064 per shares to holders of convertible debentures of the Company.
| Number of Creditors: |
7 Creditors |
Insider / Pro Group Participation:
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Aggregate Pro Group Involvement |
P |
$3,600.00 |
$0.064 |
56,250 |
| [1 Creditor] |
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| Warrants: |
None |
The Company shall issue a news release when the shares are issued and the debt extinguished.
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NEX COMPANY:
VALPARAISO ENERGY INC. ("VPO.H")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 14, 2014
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 500,000 shares to settle outstanding debt for $25,000.
| Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
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SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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