TSX Venture Exchange Daily Bulletins
Mar 10, 2015, 16:50 ET
VANCOUVER, March 10, 2015 /CNW/ -
TSX VENTURE COMPANIES:
AFRICA HYDROCARBONS INC. ("NFK")
BULLETIN TYPE: Company Tier Reclassification
BULLETIN DATE: March 10, 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, March 11, 2015, the Company's Tier classification will change from Tier 1 to:
Classification
Tier 2
________________________________________
AGILITY HEALTH, INC. ("AHI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 10, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 19, 2014, January 29, 2015 and February 10, 2015:
| Number of Shares: |
7,811,300 shares |
|
| Purchase Price: |
$0.25 per share |
|
| Number of Placees: |
46 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Terry Vanderkruyk |
Y |
600,000 |
| Robert Lynn Herr |
Y |
25,000 |
| Steven Norris Davidson |
Y |
592,550 |
| Kenneth Edward Scholten |
Y |
592,550 |
| Aggregate Pro Group |
||
| Involvement [1 Placee] |
P |
60,000 |
| Finder's Fee: |
An aggregate of $66,521 in cash and 266,084 finders' warrants payable to Raymond James Ltd., NBCN Inc., Bloom Burton & Co. Ltd., Navigator Capital Partners and Canaccord Genuity Corp. Each finder's warrant entitles the holder to acquire one common share at $0.25 for a two year period. |
For further details, please refer to the Company's news releases dated December 19, 2014, January 29, 2015 and February 10, 2015.
________________________________________
AVIDUS MANAGEMENT GROUP INC. ("AVD")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 10, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 19,564,812 shares at $0.10 per share to settle outstanding debt for $1,956,481.37.
| Number of Creditors: |
10 Creditors |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Two Kings, LLC (Daniel Lundell) |
Y |
$1,039,491.60 |
$0.10 |
10,394,916 |
| Douglas Ridley |
Y |
$17,500.00 |
$0.10 |
175,000 |
| Daniel Lundell |
Y |
$17,500.00 |
$0.10 |
175,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
BCGOLD CORP. ("BCG")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 10, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,285,350 shares to settle outstanding debt for $64,267.50.
| Number of Creditors: |
7 Creditors |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Brian Fowler |
Y |
$22,666.50 |
$0.05 |
453,330 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
CANADA COAL INC. ("CCK")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 10, 2015
TSX Venture Tier 2 Company
Effective at the open on Wednesday, March 11, 2015, shares of the Company will resume trading. Pursuant to a news release dated March 9, 2015, the Company announced that it has terminated its letter of intent with Suntricity Corporation.
________________________________________
CLIFTON STAR RESOURCES INC. ("CFO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 10, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 2, 2015:
| Number of Shares: |
9,545,572 shares |
| Purchase Price: |
$0.60 per share |
| Number of Placees: |
2 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.
________________________________________
EAST ASIA MINERALS CORPORATION ("EAS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 10, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the second tranche of a Non-Brokered Private Placement announced December 4, 2014 and March 5, 2015:
| Number of Shares: |
46,175,600 shares |
|
| Purchase Price: |
$0.01 per share |
|
| Warrants: |
46,175,600 share purchase warrants to purchase 46,175,600 shares |
|
| Warrant Exercise Price: |
$0.05 for a one year period |
|
| $0.10 in the second to fifth year |
||
| Number of Placees: |
1 Placee |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Tocqueville Gold Fund |
||
| (John Hathaway) |
Y |
46,175,600 |
| Finder's Fee: |
USD$22,500 and 2,077,902 common shares payable to AlphaSource Capital Securities, LLC |
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.
________________________________________
FRONTLINE GOLD CORPORATION ("FGC")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 10, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 14,379,688 shares to settle outstanding debt for $748,479.
| Number of Creditors: |
7 Creditors |
The Company issued a news release dated March 31, 2014 in connection with the above transaction.
________________________________________
GREAT LAKES GRAPHITE INC. ("GLK")
BULLETIN TYPE: Shares for Debt, Correction
BULLETIN DATE: March 10, 2015
TSX Venture Tier 2 Company
Further to our bulletin dated March 9, 2015, the number of shares to be issued should have stated 2,600,000 (not 78,714,820).
________________________________________
GROUP TEN METALS INC. ("PGE")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: March 10, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an amendment agreement dated February 20, 2015 (the 'Amending Agreement') between the Company and Fortune Tiger Resources Ltd. (the 'Assignor') and Rubicon Minerals Corporation ('Rubicon') in respect of the option agreement dated November 7, 2013 (the 'Option Agreement') and the assignment and amendment agreement dated November 14, 2014 regarding the Company's option to acquire up to an 80% interest in the Black Lake Property (the 'Property'). A letter of understanding regarding the option was accepted by the Exchange on December 10, 2012. The Amending Agreement provides for changes to the timing of certain cash payments and certain assignment provisions. As consideration for entering into the Amending Agreement, the Company will pay $2,000 and issue 2,400,000 shares in stages to Perry English, on behalf of Rubicon. The Company may not issue such number of shares to Mr. English / Rubicon so as to result in the creation of a new Insider.
Please refer to the Company's news release dated March 5, 2015 for further details.
________________________________________
GROUP TEN METALS INC. ("PGE")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: March 10, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an amendment agreement dated February 27, 2015 (the 'Amending Agreement') between the Company and Perry English on behalf of Rubicon Minerals Corporation and DLK Minerals Ltd. (Mark Olson) (collectively the 'Optionors') in respect of the option agreement dated November 7, 2013 (the 'Agreement') regarding certain mining claims in the Patricia Mining Division (the 'Property'). The Option Agreement was accepted by the Exchange on November 21, 2013. The Amending Agreement provides for changes to the payment schedule and for the issuance of 400,000 consideration shares to the Optionors.
Please refer to the Company's news release dated March 5, 2015 for further details.
________________________________________
HILLCREST PETROLEUM LTD. ("HRH")
[formerly Hillcrest Resources Ltd. ("HRH")]
BULLETIN TYPE: Name Change
BULLETIN DATE: March 10, 2015
TSX Venture Tier 2 Company
Pursuant to a resolution passed by the directors on February 25, 2015, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening Wednesday, March 11, 2015, the common shares of Hillcrest Petroleum Ltd. will commence trading on TSX Venture Exchange, and the common shares of Hillcrest Resources Ltd. will be delisted. The Company is classified as an 'Oil and Gas Services' company.
| Capitalization: |
unlimited |
shares with no par value of which |
|
| 50,291,322 |
shares are issued and outstanding |
||
| Escrow: |
Nil |
shares |
|
| Transfer Agent: |
Computershare Investor Services Inc. |
||
| Trading Symbol: |
HRH |
(UNCHANGED) |
|
| CUSIP Number: |
431531102 |
(UNCHANGED) |
|
________________________________________
LAKELAND RESOURCES INC. ("LK")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 10, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Property Purchase Agreement dated January 28, 2015 between Lakeland Resources Inc. (the Company) and DG Resource Management Ltd. (Jody Dahrouge) (the Vendor) whereby the company may acquire a 100% interest, except for the Key Lake Road Schuss claims which the company may acquire a 50% interest, in a group of 10 properties (48 mineral claims) located in the Athabasca Basin region of Saskatchewan. Consideration is $40,888 and 1,120,000 common shares. The Vendor retains a 2% NSR with the Company having the right to purchase one half (1%) for $2 million per property.
________________________________________
MAKENA RESOURCES INC. ("MKN")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: March 10, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of an Amended Option Agreement dated March 6, 2015 between Makena Resources Inc. (the "Issuer") and Canalaska Uranium Ltd. (the "Optionor") whereby the parties have amended the option agreement on the Patterson uranium project in the Athabasca basin of Saskatchewan. The Optionor has agreed to the following: to defer a cash payment of $25,000 and an issuance of 750,000 common shares of the Issuer to August 31, 2015; to defer $225,000 in exploration costs to September 30, 2015; to defer a further $400,000 in exploration costs to September 30, 2016; and to defer a further $700,000 in exploration costs to September 30, 2017. In exchange, the Issuer will issue an additional 500,000 common shares of the Issuer by April 15, 2015, and an additional 250,000 common shares by September 30, 2016.
For further information please refer to the Issuer's news release dated March 9, 2015.
________________________________________
MIRASOL RESOURCES LTD. ("MRZ")
BULLETIN TYPE: Company Tier Reclassification
BULLETIN DATE: March 10, 2015
TSX Venture Tier 2 Company
In accordance with Policy 2.5, the Company has met the requirements for a Tier 1 company. Therefore, effective at the open on Wednesday, March 11, 2015, the Company's Tier classification will change from Tier 2 to:
Classification
Tier 1
________________________________________
RED MILE MINERALS CORP. ("RDM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 10, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 9, 2015:
| Number of Shares: |
12,300,000 shares |
|
| Purchase Price: |
$0.05 per share |
|
| Warrants: |
12,300,000 share purchase warrants to purchase 12,300,000 shares |
|
| Warrant Exercise Price: |
$0.06 for a two year period |
|
| Number of Placees: |
28 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aaron Wolfe |
Y |
500,000 |
| John Hickey |
Y |
200,000 |
| Peter Tallman |
Y |
100,000 |
| Kerry Sparks |
Y |
400,000 |
| Aggregate Pro Group |
||
| Involvement [6 Placees] |
P |
1,650,000 |
| Finder's Fee: |
808,000 finder's warrants, each exercisable into one common share at a price of $0.05 for a period of two years, payable to John Graham |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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.
________________________________________
SAGE GOLD INC. ("SGX")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 10, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 253,866 shares to settle outstanding debt for $38,080.
| Number of Creditors: |
2 Creditors |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
SILVERMET INC. ("SYI")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: March 10, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has been advised by the Company that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated March 9, 2015, it may repurchase for cancellation up to 9,562,538 common shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange, ATS, Alpha and Chi-X during the period March 15, 2015 to March 14, 2016. Purchases pursuant to the bid will be made by D & D Securities Inc. on behalf of the Company.
________________________________________
SOURCE EXPLORATION CORP. ("SOP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 10, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 15, 2015 and February 23, 2015:
| Number of Shares: |
12,725,000 shares |
|
| Purchase Price: |
$0.08 per share |
|
| Warrants: |
6,362,500 share purchase warrants to purchase 6,362,500 shares |
|
| Warrant Exercise Price: |
$0.08 for a two year period |
|
| Number of Placees: |
36 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| D.Baker Capital Inc. (D.Baker) |
Y |
1,500,000 |
| Aggregate Pro Group |
||
| Involvement [7 Placees] |
P |
1,800,000 |
| Finder's Fee: |
$2,400 and 30,000 finder's warrants payable to Haywood Securities Inc. |
|
| $3,000 and 37,500 finder's warrants payable to Novas Capital Inc. |
||
| $1,920 and 24,000 finder's warrants payable to 1752466 Ontario Inc. |
||
| $2,400 and 30,000 finder's warrants payable to Wolverton Securities Ltd. |
||
| $11,520 and 144,000 finder's warrants payable to Haywood Securities Inc. |
||
| $1,440 and 18,000 finder's warrants payable to PI Financial Corp. |
||
| $4,800 and 60,000 finder's warrants payable to Haywood Securities Inc. (ITF Salman Partners) |
||
| $480 and 6,000 finder's warrants payable to Chris Owen. |
||
| $3,480 and 43,500 finder's warrants payable to Navigator Capital Partners 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.
________________________________________
URAGOLD BAY RESOURCES INC. ("UBR")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 10, 2015
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 February 23, 2015.
| 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 : 10 mars 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 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 23 février 2015.
| Nombre de créanciers : |
1 créancier |
La société émettra un communiqué de presse lorsque les actions seront émises et que la dette sera réglée.
_______________________________________
NEX COMPANIES:
BULLETIN TYPE: Listing Maintenance Fees - Delist
BULLETIN DATE: March 10, 2015
NEX Companies
Effective at the close of business on Wednesday March 11, 2015, and in accordance with NEX Policy, section 15, the following companies' securities will be delisted from NEX, for failure to pay their quarterly NEX Listing Maintenance Fee. Prior to delisting, these companies' securities were subject to a suspension from trading.
If the issuer has any questions regarding this halt, please contact:
Gary Lee,
Manager, NEX
Phone 604-488-3126
Fax 604-844-7502
| Issuer Name |
Symbol |
| BEACON RESOURCES INC. |
TAL.H |
| CHINA COAL CORPORATION |
CKO.H |
| CLEANFIELD ALTERNATIVE ENERGY INC. |
AIR.H |
| DARFORD INTERNATIONAL INC. |
WUF.H |
| FUNCTIONAL TECHNOLOGIES CORP. |
FEB.H |
| GEOVENCAP INC. |
GOV.H |
| GOLD WORLD RESOURCES INC. |
GDW.H |
| INTELLECTUAL CAPITAL GROUP LTD. |
ICL.H |
| ISEE3D INC. |
ICT.H |
| JERICO EXPLORATIONS INC. |
JRC.H |
| KIRRIN RESOURCES INC. |
KYM.H |
____________________________________
SOURCE TSX Venture Exchange
For further information: Market Information Services at 1-888-873-8392, or email: information@venture.com
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