VANCOUVER, Jan. 27, 2015 /CNW/ -
TSX VENTURE COMPANIES:
ACKROO INC. ("AKR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 27, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 10, 2014:
| Number of Shares: |
8,364,165 shares |
|
| Purchase Price: |
$0.15 per share |
|
| Warrants: |
8,364,165 share purchase warrants to purchase 8,364,165 shares |
|
| Warrant Exercise Price: |
$0.25 for a one year period |
|
| Number of Placees: |
42 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Dan Liu |
Y |
13,333 |
| Steve Levely |
Y |
20,000 |
| Jay Malowney |
Y |
60,000 |
| Eamonn Garry |
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. 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.
________________________________________
ADEX MINING INC. ("ADE.RT")
BULLETIN TYPE: Rights Expiry-Delist
BULLETIN DATE: January 27, 2015
TSX Venture Tier 1 Company
Effective at the opening on January 30, 2015, the Rights of the Company will trade with Special Settlement. The Rights expire on February 4, 2015 and will therefore be delisted at the close of business on Wednesday, February 4, 2015.
TRADE DATES
January 30, 3015 - TO SETTLE – February 3, 2015
February 2, 2015 - TO SETTLE – February 3, 2015
February 3, 2015 - TO SETTLE – February 4, 2015
February 4, 2015 - TO SETTLE – February 4, 2015
The above is in compliance with Trading Rule C.2.18 – Expiry Date:
Trading in the rights shall be for cash for the three trading days preceding the expiry date and also on expiry date. On the expiry date, trading shall cease at 12 o'clock noon E.T. and no transactions shall take place thereafter except with permission of the Exchange.
________________________________________
AFRICAN GOLD GROUP, INC. ("AGG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 27, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 14, 2015:
| Number of Shares: |
33,165,006 shares |
|
| Purchase Price: |
$0.05 per share |
|
| Warrants: |
16,582,502 share purchase warrants to purchase 16,582,502 shares |
|
| Warrant Exercise Price: |
$0.075 for a six (6) month period and |
|
| $0.10 for the remaining eighteen (18) month period |
||
| Number of Placees: |
30 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| David S. Brown |
Y |
500,000 |
| Citraen Pty. Ltd. (Declan Franzmann) |
Y |
1,953,517 |
| Jaimie MacPherson |
Y |
282,480 |
| Marco Durante |
Y |
1,309,560 |
| Finder's Fee: |
An aggregate of $39,925 in cash, 500,992 common shares and 1,299,492 finders' warrants payable to TD Waterhouse, Insight Capital Management PTY Ltd., Industrial Alliance Securities Inc., PI Financial Corp. and TD Wealth. |
|
| Each finder's warrant entitles the holder to acquire one common share at $0.05 for a one year period. |
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.
For further details, please refer to the Company's news release dated January 14, 2015.
________________________________________
AFRI-CAN MARINE MINERALS CORPORATION ("AFA")
BULLETIN TYPE: Company Tier Reclassification, Remain Suspended
BULLETIN DATE: January 27, 2015
TSX Venture Tier 1 Company
In accordance with Policy 2.5, the Company has not maintained the requirements for a Tier 1 company. Therefore, effective Wednesday, January 28, 2015, the Company's Tier classification will change from Tier 1 to:
Classification
Tier 2
Further to the TSX Venture Exchange Bulletin dated, January 5, 2015, trading in the Company's securities will remain suspended.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
________________________________________
ANFIELD RESOURCES INC. ("ARY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 27, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 26, 2015:
| Number of Shares: |
3,263,500 shares |
|
| Purchase Price: |
$0.20 per share |
|
| Warrants: |
3,263,500 share purchase warrants to purchase 3,263,500 shares |
|
| Warrant Exercise Price: |
$0.25 for a two year period |
|
| Number of Placees: |
12 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Laara Shaffer |
Y |
25,000 |
| Donald Falconer |
Y |
250,000 |
| James Rasmussen |
Y |
100,000 |
| Corey Dias |
Y |
100,000 |
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.
________________________________________
BENZ MINING CORP. ("BZ")
[formerly Benz Capital Corp. ("BZ")]
BULLETIN TYPE: Name Change
BULLETIN DATE: January 27, 2015
TSX Venture Tier 2 Company
Pursuant to a resolution passed by directors January 16, 2015, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening, Wednesday, January 28, 2015, the common shares of Benz Mining Corp. will commence trading on TSX Venture Exchange, and the common shares of Benz Capital Corp. will be delisted. The Company is classified as a 'Mineral Exploration/Development' company.
| Capitalization: |
Unlimited |
shares with no par value of which |
|
| 18,018,726 |
shares are issued and outstanding |
||
| Escrow: |
9,199,285 |
shares |
|
| Transfer Agent: |
Computershare Trust Company of Canada |
||
| Trading Symbol: |
BZ |
(UNCHANGED) |
|
| CUSIP Number: |
08345Q109 |
(NEW) |
|
________________________________________
BHK MINING CORP. ("BHK")
[formerly BHK Resources Inc. ("BHK.P")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Property-Asset or Share Purchase Agreement, Private Placement –Brokered, Name Change, Resume Trading
BULLETIN DATE: January 27, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing BHK Mining Corp.'s (formerly BHK Resources Inc.) ("BHK Mining") Qualifying Transaction described in its filing statement (the "Filing Statement") dated August 28, 2014. As a result, effective at the opening on Wednesday, January 28, 2015, the trading symbol for BHK Mining will change from BHK.P to BHK and BHK Mining will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following matters, all of which have been accepted by the Exchange.
Acquisition of Dome International Global Inc.:
BHK Mining entered into a share purchase agreement dated May 21, 2014, as amended, with Dome International Global Inc. ("Dome"), its wholly-owned subsidiary Dome Gabon S.A.R.L. ("Dome Gabon"), Silver Bull Resources, Inc ("Silver Bull") and Dome Ventures Corporation, a wholly-owned subsidiary of Silver Bull under which BHK Mining agreed to purchase all of the issued and outstanding shares of Dome, a private British Virgin Islands company holding all of the issued and outstanding securities of Dome Gabon, a private Gabon company having an interest in a manganese-gold property located in Moyen Ogooue Province, Gabon, being the Ndjole Property for cash consideration in the amount of $1,500,000 (the "Transaction").
The Exchange has been advised that the Transaction has been completed. The full particulars of BHK Mining's Qualifying Transaction are set forth in the Filing Statement, which has been accepted for filing by the Exchange and which is available under BHK Mining's profile on SEDAR. See also BHK Mining's news release of January 20, 2015.
Private Placement –Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a Private Placement announced July 18, 2014:
| Number of Shares: |
16,135,000 |
|
| Purchase Price: |
$0.20 |
|
| Number of Placees: |
30 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P / |
# of Shares |
| Gord Medland |
P |
42,000 |
| Finder's Fees: |
Canaccord Genuity Corp. ("Canaccord") received a cash commission of $155,430, a financial advisory fee of $35,000, $20,000per month for a maximum of two months and a work fee of $3,000. Canaccord was also issued 325,000 common shares as a corporate finance fee. |
|
| An aggregate of 777,150 agent's warrants ("Agent's Warrants") were issued, where each Agent's Warrant is exercisable into one common share of the Company at $0.20 per share until January 23, 2017. The Agent's Warrants were issued as follows: Canaccord Genuity Corp.: 549,920 Agent's Warrants |
||
| Haywood Securities Inc.: 150,000 Agent's Warrants |
||
| GMP Securities LP: 70,480 Agent's Warrants |
||
| Leede Financial Markets Inc.: 6,750 |
Name Change:
Pursuant to a resolution passed by directors on August 25, 2014, BHK Resources Inc. has changed its name to BHK Mining Corp. There is no share consolidation.
Effective at the opening on Wednesday, January 28, 2015, the common shares of BHK Mining Corp. will commence trading on the Exchange, and the common shares of BHK Resources Inc. will be delisted.
| Capitalization: |
Unlimited |
shares with no par value of which |
|
| 32,169,063 |
shares are issued and outstanding |
||
| Escrow: |
12,359,563 |
shares are subject to a 36 month staged release escrow agreement. |
|
| Transfer Agent: |
Computershare Trust Company of Canada |
||
| Trading Symbol: |
BHK |
(NEW) |
|
| CUSIP Number: |
05548P 10 2 |
(NEW) |
|
The Company is classified as a 'Mineral Exploration' company.
Resume Trading:
Effective at the opening on Wednesday, January 28, 2015, trading in the shares of BHK Mining will resume.
________________________________________
DESMARAIS ENERGY CORPORATION ("DES")
BULLETIN TYPE: Suspend
BULLETIN DATE: January 27, 2015
TSX Venture Tier 2 Company
Further to the Exchange bulletin dated January 6, 2015, effective at the opening on Wednesday, January 28, 2015, trading in the shares of the Company will be suspended for failure to maintain Exchange requirements, the Company having less than 3 Directors.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
________________________________________
FAMILY MEMORIALS INC. ("FAM") ("FAM.DB")
BULLETIN TYPE: Change in CUSIP
BULLETIN DATE: January 27, 2015
TSX Venture Tier 2 Company
Effective at the opening, Wednesday, January 28, 2015, the Company's CUSIP numbers have been changed from 30703P101 to 30703R107 for the common shares, and from 30703PAA9 to 30703RAA5 for the convertible debentures. The ISIN is now CA30703R1073 for the common shares and CA3070RAA55 for the convertible debentures. The change in CUSIP is a result of the Company's vertical amalgamation with its wholly owned subsidiary, Remco Memorials Ltd. There is no change in the Company's name, no change in its trading symbol and no consolidation of capital. The Company is classified as a 'Cemeteries and Crematoria' company.
For further information, please see the Company's press release dated January 2, 2015.
________________________________________
GEMOSCAN CANADA, INC. ("GES")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: January 27, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 300,000 common shares to settle outstanding debt for $15,000.
| Number of Creditors: |
1 Creditor |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Keshill Consulting Associates |
||||
| Inc. (Stephen Gledhill) |
Y |
$15,000 |
$0.05 |
300,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
GEMOSCAN CANADA, INC. ("GES")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: January 27, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 130,000 common shares at a deemed price of $0.05 per share, in consideration of certain services provided to the Company pursuant to an agreement between the Company and an arm's length party.
The Company shall issue a news release when the shares are issued.
________________________________________
GINSMS INC. ("GOK")
BULLETIN TYPE: Resume Trading, Reviewable Transaction - Announced
BULLETIN DATE: January 27, 2015
TSX Venture Tier 2 Company
Effective at 10:15 A.M., PST, January 27, 2015, shares of the Company resumes trading.
This resumption of trading does not constitute acceptance of the Reviewable Transaction, and should not be construed as an assurance of the merits of the transaction or the likelihood of completion. The Company is required to submit all of the required initial documentation relating to the transaction. IF THIS DOCUMENTATION IS NOT PROVIDED, OR IS INSUFFICIENT, A TRADING HALT MAY BE RE-IMPOSED.
Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange acceptance. There is a risk that the transaction will not be accepted or that the terms of the transaction may change substantially prior to acceptance. SHOULD THIS OCCUR, A TRADING HALT MAY BE RE-IMPOSED.
________________________________________
GOLD BULLION DEVELOPMENT CORP. ("GBB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 27, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement:
| Number of Shares: |
26,240,000 flow-through common shares |
|
| Purchase Price: |
$0.05 per flow-through common share |
|
| Warrants: |
13,120,000 warrants to purchase 13,120,000 common shares |
|
| Warrant Exercise Price: |
$0.10 during a period of 24 months following the closing date of the Private Placement |
|
| Number of Placees: |
4 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider = Y / |
Number |
|
| Name |
Pro Group = P |
of Shares |
| Roger Thomas |
Y |
1,140,000 |
| Finder's fee: |
Secutor Capital Management Corporation received $100,400 in cash and 2,008,000 non-transferable warrants to purchase 2,008,000 common shares at the exercise price of $0.10 per share for 24 months following the closing date. |
The Company issued press releases dated December 24, 2014 and December 30, 2014 announcing the closing of the Private Placement.
GOLD BULLION DEVELOPMENT CORP. (« GBB »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 27 janvier 2015
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier :
| Nombre d'actions : |
26 240 000 actions ordinaires accréditives |
|
| Prix : |
0,05 $ par action ordinaire accréditive |
|
| Bons de souscription : |
13 120 000 bons permettant d'acquérir 13 120 000 actions ordinaires |
|
| Prix d'exercice des bons : |
0,10 $ pendant une période de 24 mois suivant la clôture du placement privé |
|
| Nombre de souscripteurs : |
4 souscripteurs |
|
| Participation Initié / Groupe Pro : |
||
| Initié = Y / |
Nombre |
|
| Nom |
Groupe Pro = P |
d'actions |
| Roger Thomas |
Y |
1 140 000 |
| Honoraires d'intermédiation: |
Secutor Capital Management Corporation a reçu 100 400 $ en espèces et 2 008 000 bons de souscription non-transférables permettant de souscrire 2 008 000 actions ordinaires au prix d'exercice de 0,10 $ par action pendant une période de 24 mois suivant la date de clôture. |
La société a annoncé la clôture du placement privé précité par voie de communiqués de presse datés des 24 et 30 décembre 2014.
________________________________________
GOLDEN ARROW RESOURCES CORPORATION ("GRG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 27, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 23, 2015:
| Number of Shares: |
442,056 shares |
| Purchase Price: |
$1.4561 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.
________________________________________
GOLDSOURCE MINES INC. ("GXS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 27, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 9, 2014:
| Number of Shares: |
47,138,166 shares |
|
| Purchase Price: |
$0.15 per share |
|
| Warrants: |
23,569,082 share purchase warrants to purchase 23,569,082 shares |
|
| Warrant Exercise Price: |
$0.25 for a three year period, subject to an accelerated expiry |
|
| Number of Placees: |
27 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Steven Simpson |
Y |
3,800,000 |
| Graham Thody |
Y |
135,000 |
| Mitan Holdings Limited |
||
| (Steven Simpson) |
Y |
11,400,000 |
| Donald Smith Value Fund, L.P. |
||
| (Donald Gene Smith) |
Y |
20,000,000 |
| Finder's Fee: |
$3,600 payable to Reker NV (Olivier Tielens) |
|
| $900 payable to Haywood Securities Inc. |
||
| $8,160 payable to Golden Capital Consulting Ltd. (Juozas Papartis) |
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.
________________________________________
GOLD STANDARD VENTURES CORP. ("GSV")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: January 27, 2015
TSX Venture Tier 1 Company
Effective at 7:00 A.M., PST, January 27, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
KWG RESOURCES INC. ("KWG")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: January 27, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 141,250 common shares at a deemed issue price of $0.05 per share, in settlement of certain services provided to the Company, as announced on January 21, 2015.
| Number of Creditor: |
1 Creditor |
RESSOURCES KWG INC. (« KWG »)
TYPE DE BULLETIN : Émission d'actions en paiement de services
DATE DU BULLETIN : Le 27 janvier 2015
Société du groupe 1 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation relativement à l'émission de 141 250 actions ordinaires additionnelles au prix réputé de 0,05 $ par action, en règlement pour certains services fournis à la société, tel qu'annoncé le 21 janvier 2015.
| Nombre de créanciers : |
1 créancier |
________________________________________
MATAMEC EXPLORATIONS INC. ("MAT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: January 27, 2015
TSX Venture Tier 2 Company
Effective at 5:00 A.M., PST, January 27, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
ROBEX RESOURCES INC. ("RBX")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: January 27, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 126,486,885 common shares at a deemed issue price of $0.07 per share, to settle outstanding debts including accrued interest for a total amount of $8,854,082.
| Number of Creditors: |
1 Creditor |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
Number |
|
| Name |
ProGroup=P |
of Shares |
| Georges Cohen |
Y |
126,486,885 |
The Company issued a press release dated December 30, 2014 announcing the above transaction.
RESSOURCES ROBEX INC. (« RBX »)
TYPE DE BULLETIN : Émission d'actions en règlement d'une dette
DATE DU BULLETIN : Le 27 janvier 2015
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 126 486 885 d'actions ordinaires au prix de 0,07 $ l'action en règlement d'une dette incluant les intérêts courus d'un montant total de 8 854 082 $.
| Nombre de créanciers : |
1 créancier |
|
| Participation Initié / Groupe Pro : |
||
| Initié = Y/ |
Nombre |
|
| Nom |
Groupe Pro = P |
d'actions |
| Georges Cohen |
Y |
126 486 885 |
La société a émis un communiqué de presse daté du 30 décembre 2014 annonçant le règlement de dette en actions.
___________________________________________
ROCKCLIFF RESOURCES INC. ("RCR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 27, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 14, 2014:
| Number of Shares: |
4,550,667 non flow-through shares and |
| 2,608,334 flow-through shares |
|
| Purchase Price: |
$0.05 per non flow-through share |
| $0.06 per flow-through share |
|
| Warrants: |
7,159,001 share purchase warrants to purchase 7,159,001 shares |
| Warrant Exercise Price: |
$0.075 for a three year period (non flow-through portion) |
| $0.10 for a three year period (flow-through portion) |
|
| Number of Placees: |
15 Placees |
| Finder's Fee: |
An aggregate of $7,280 in cash and 160,000 finders' warrants payable to PI Financial Corp. and Caldwell Securities Ltd. Each finder's warrant entitles the holder to acquire one common share at $0.05 for a three year period. |
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.
For further details please refer to the Company's news releases dated December 9, 2014, December 31, 2014 and January 23, 2015.
________________________________________
SILK ROAD ENERGY INC. ("SLK")
BULLETIN TYPE: Halt
BULLETIN DATE: January 27, 2015
TSX Venture Tier 2 Company
Effective at 4:54 a.m., PST, January 27, 2015, 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.
________________________________________
SILK ROAD ENERGY INC. ("SLK")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: January 27, 2015
TSX Venture Tier 2 Company
Effective at 10:15 A.M., PST, January 27, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
URAGOLD BAY RESOURCES INC. ("UBR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 27, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has accepted for filing the documentation of Uragold Bay Resources Inc. (the "Company") relating to an agreement with Fancamp Exploration Ltd. ("Fancamp") for the acquisition of 32 claims located in Saint-Simon-Les-Mines in Québec.
The consideration payable by the Company includes 8,000,000 common shares, 8,000,000 warrants (the "Warrants"), cash payment of $25,000 within six months of the definitive agreement, to finance $400,000 exploration over 4 years and grant of a 3.5% gross Metal Royalty on gold production. Once gold mining operations have begun on the claims purchased, the Company will make a one-off cash payment of $500,000 to Fancamp. Each warrant will allow purchasing one common share at an exercise price of $0.20 during 24 months following the grant, $0.30 from the 25th month to the 48th month and $0.40 from the 49th to 60th month.
For further information, please refer to the Company's press releases dated September 17, 2014, October 22, 2014 and January 22, 2015.
RESSOURCES DE LA BAIE D'URAGOLD INC. (« UBR »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 27 janvier 2015
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX (la « Bourse ») a accepté le dépôt de documents de Ressources de la Baie d'Uragold inc. (la « société ») relativement à une convention avec Fancamp Exploration Ltd. (« Fancamp ») relativement à l'acquisition de 32 claims situés à Saint-Simon-Les-Mines au Québec.
La considération payable par la société inclus 8 000 000 d'actions ordinaires, 8 000 000 bons de souscription (les « bons »), un paiement en espèces de 25 000 $ dans les six mois de la convention définitive, le financement de 400 000 $ de travaux d'exploration sur une période de quatre ans et l'octroi d'une redevance brute de métaux de 3,5 % sur la production d'or. Une fois que les opérations minières d'or débutent sur les claims acquis, la société fera un paiement de 500 000 $ à Fancamp. Chaque bon octroyé dans le cadre de la transaction permet d'acquérir une action ordinaire au prix de 0,20 $ par action pendant les premiers 24 mois suivant leur octroi, 0,30 $ du 25ème mois au 48ème mois et 0,40 $ du 49ème mois au 60ème mois.
Pour de plus amples renseignements, veuillez vous référer aux communiqués de presse de la société datés du 17 septembre 2014, 22 octobre 2014 et 22 janvier 2015.
______________________________________
XTIERRA INC. ("XAG")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: January 27, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,000,000 common shares at a deemed price of $0.05 in consideration of certain advisory services provided to the company pursuant to agreements dated July 9, 2014 and November 1, 2014.
Please refer to the Company's news release dated January 22, 2015 for further information.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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