VANCOUVER, March 17, 2015 /CNW/ -
TSX VENTURE COMPANIES:
BULLETIN TYPE: Notice to Issuers
BULLETIN DATE: March 17, 2015
Re: Trading of Securities Subject to Exchange Hold Period on TSX Private Markets
The Exchange Hold Period is a four month hold period that securities issued by an Issuer are subject to in specified circumstances (as set out in the definition of "Exchange Hold Period" in Policy 1.1 – Interpretation ("Policy 1.1") of the TSX Venture Exchange Corporate Finance Manual). During the term of the Exchange Hold Period, the affected securities may not be sold, transferred or otherwise traded on or through the facilities of TSX Venture Exchange (the "Exchange") or otherwise in Canada or to or for the benefit of a Canadian resident without the prior written approval of the Exchange. The principal (but not sole) condition to the Exchange providing such approval is that the proposed trade must be in compliance with any hold period(s) under applicable securities laws.
TSX Private Markets (https://tsxprivatemarkets.com/) is a dealer-to-dealer voice-brokered service, complemented by an informational website that facilitates the raising of capital and secondary trading in the Canadian exempt market. Among other things, TSX Private Markets provides a platform for the secondary market trading of public company "hold period" securities. With respect to such trading of "hold period" securities, TSX Private Markets requires registrants approved by TSX Private Markets ("Approved Participants") to conduct such trades in compliance with any hold period(s) under applicable securities laws.
In light of the foregoing, until further notice, Exchange approval will not be required for a sale, transfer or trade of securities subject to the Exchange Hold Period if all of the following conditions are met:
- The sale, transfer or trade is completed through TSX Private Markets in accordance with the requirements of TSX Private Markets. Specifically, but without limitation, each of the seller and purchaser must conduct the transaction through an Approved Participant who undertakes such sale, transfer or trade in compliance with applicable securities laws and the requirements of TSX Private Markets.
- The Person acquiring the securities, together with its Associates and Affiliates (as such terms are defined in Policy 1.1), will not, upon completion of the transaction, beneficially own or have control or direction over, directly or indirectly, securities of the Issuer carrying more than 10% of the voting rights attached to all of the Issuer's voting securities. The Approved Participant representing the proposed purchaser must confirm these matters.
- The balance of the Exchange Hold Period will remain on the securities following completion of their sale, transfer or trade and the securities shall be legended accordingly.
Any proposed sale, transfer or trade of securities subject to the Exchange Hold Period not satisfying all of the foregoing conditions will continue to be subject to the prior written approval of the Exchange.
TYPE DE BULLETIN : Avis aux émetteurs
DATE DU BULLETIN : Le 17 mars 2015
Objet : Négociation sur Marchés privés TSX de titres assujettis à la période de conservation imposée par la Bourse
La période de conservation imposée par la Bourse correspond à une période de quatre mois pendant laquelle, dans certaines circonstances (prévues à la définition du terme « période de conservation imposée par la Bourse » énoncée dans la Politique 1.1 – Interprétation [la « Politique 1.1 »] du Guide du financement des sociétés de la Bourse de croissance TSX), les titres d'un émetteur doivent être conservés. Au cours de la période de conservation imposée par la Bourse, les titres visés ne peuvent être vendus, transférés ni autrement négociés par l'intermédiaire de la Bourse de croissance TSX (la « Bourse »), ni d'une autre manière au Canada ou au profit d'un résident canadien sans le consentement écrit préalable de la Bourse. Le consentement de la Bourse est accordé à la condition (principale, mais non unique) que l'opération projetée respecte toute période de conservation prévue par les lois sur les valeurs mobilières applicables.
Marchés privés TSX (https://tsxmarchesprives.com) est un service de courtage à la voix entre courtiers ayant pour complément un site Web d'information qui facilite la mobilisation de capitaux et la négociation sur le marché secondaire de titres dispensés au Canada. Marchés privés TSX fournit notamment une plateforme destinée à la négociation sur le marché secondaire de titres de sociétés ouvertes assujettis à une période de conservation. Lorsque ces titres sont négociés, Marchés privés TSX exige que les participants inscrits qu'il a approuvés (les « participants agréés ») respectent les modalités des périodes de conservation prévues par les lois sur les valeurs mobilières applicables.
Compte tenu de ce qui précède, et jusqu'à nouvel ordre, le consentement de la Bourse n'est pas requis pour la vente, le transfert ou la négociation de titres assujettis à la période de conservation imposée par la Bourse lorsque sont réunies les conditions suivantes :
- La vente, le transfert ou la négociation est réalisé par l'intermédiaire de Marchés privés TSX et conformément à ses exigences. Plus précisément, le vendeur et l'acheteur doivent notamment effectuer la transaction par l'intermédiaire d'un participant agréé qui se charge de la vente, du transfert ou de la négociation conformément aux lois sur les valeurs mobilières applicables et aux exigences de Marchés privés TSX.
- La personne faisant l'acquisition des titres, collectivement avec toute personne qui a un lien avec elle et tout membre du même groupe qu'elle (au sens de la Politique 1.1), n'aura pas, à la réalisation de l'opération, la propriété véritable ou le contrôle, directement ou indirectement, de titres de l'émetteur comportant plus de 10 % des droits de vote rattachés à l'ensemble des titres avec droit de vote de l'émetteur, ni n'exercera d'emprise sur de tels titres. Le participant agréé qui représente l'acheteur éventuel doit s'assurer du respect de ces conditions.
- Le reste de la période de conservation imposée par la Bourse demeurera rattachée aux titres après leur vente, leur transfert ou leur négociation et leurs certificats porteront une mention en ce sens.
Le consentement écrit préalable de la Bourse demeure nécessaire pour tout projet de vente, de transfert ou de négociation de titres assujettis à la période de conservation imposée par la Bourse qui ne respecte pas les conditions qui précèdent.
________________________________________
ANGLO-BOMARC MINES LTD. (N.P.L.) ("ANB")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 17, 2015
TSX Venture Tier 2 Company
Effective at the opening, Wednesday, March 18, 2015, the common shares of Anglo-Bomarc Mines Ltd (N.P.L.) (the "Company") will resume trading on the Exchange, a news release having been issued on January 16, 2015, announcing that the Company will not be proceeding with the acquisition of a 50% interest in the Golden Jade Property, which was previously announced on September 25, 2014. The transaction contemplated would have constituted a Reverse Takeover as defined under Exchange Policy 5.2.
For further information, please see the Company's news releases dated September 25, 2014 and January 16, 2015 which are available under the Company's profile on SEDAR.
________________________________________
AVANTE LOGIXX INC. ("XX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 17, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a Share Purchase Agreement (the "Agreement") dated March 13, 2015 between two arm's length parties (collectively, the "Vendors") and Avante Logixx Inc. (the "Company"). Pursuant to the Agreement, the Company shall acquire all the issued and outstanding shares in the capital of LVS Inc. which is a high end custom residential security and automation services integrator and which is based in Markham, ON.
In consideration, the Company shall pay an aggregate of $2,700,000 and issue an aggregate of 3,157,896 common shares to the Vendors.
For more information, refer to the Company's news release dated March 13, 2015.
________________________________________
CARTIER RESOURCES INC. ("ECR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 17, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement:
| Number of Shares: |
750,000 common shares |
| Purchase Price: |
$0.10 per common share |
| Warrants: |
750,000 warrants to purchase 750,000 common shares |
| Warrant Exercise Price: |
$0.13 during a period of 24 months following the closing of the Private Placement |
| Number of Placees: |
1 Placee |
The Company has confirmed the closing of the above-mentioned private placement pursuant to a news release dated March 17, 2015.
RESSOURCES CARTIER INC. (« ECR »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 17 mars 2015
Société du groupe 1 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 : |
750 000 actions ordinaires |
| Prix : |
0,10 $ par action ordinaire |
| Bons de souscription : |
750 000 bons de souscription permettant de souscrire à 750 000 actions ordinaires |
| Prix d'exercice des bons : |
0,13 $ pendant une période de 24 mois suivant la date de clôture du placement privé |
| Nombre de souscripteurs : |
1 souscripteur |
La société a confirmé la clôture du placement privé mentionné ci-dessus dans le cadre d'un communiqué de presse daté du 17 mars 2015.
________________________________________
EAGLE GRAPHITE INCORPORATED ("EGA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 17, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 19, 2014:
| Number of Shares: |
1,500,000 shares |
| Purchase Price: |
$0.10 per share |
| Warrants: |
750,000 share purchase warrants to purchase 750,000 shares |
| Warrant Exercise Price: |
$0.15 for a five year period |
| Number of Placees: |
1 Placee |
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).
________________________________________
EDGEFRONT REAL ESTATE INVESTMENT TRUST ("ED.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: March 17, 2015
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
| Distribution per Trust Unit: |
$0.01333 |
| Payable Date: |
April 15, 2015 |
| Record Date: |
March 31, 2015 |
| Ex-Distribution Date: |
March 27, 2015 |
________________________________________
ENPAR TECHNOLOGIES INC. ("ENP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 17, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 10, 2015:
| Number of Shares: |
1,500,000 shares |
| Purchase Price: |
$0.10 per share |
| Warrants: |
750,000 share purchase warrants to purchase 750,000 shares |
| Warrant Exercise Price: |
$0.1375 for a two year period |
| 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. 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.
________________________________________
GRENVILLE STRATEGIC ROYALTY CORP. ("GRC")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: March 17, 2015
TSX Venture Tier 2 Company
The Issuer has declared the following dividend(s):
| Dividend per Common Share: |
$0.00416 |
| Payable Date: |
April 15, 2015 |
| Record Date: |
March 31, 2015 |
| Ex-Dividend Date: |
March 27, 2015 |
________________________________________
GUNPOINT EXPLORATION LTD. ("GUN")
BULLETIN TYPE: Halt
BULLETIN DATE: March 17, 2015
TSX Venture Tier 2 Company
Effective at 5:57 a.m., PST, March 17, 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.
________________________________________
GUNPOINT EXPLORATION LTD. ("GUN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 17, 2015
TSX Venture Tier 2 Company
Effective at 10:00 A.M., PST, March 17, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
LAKELAND RESOURCES INC. ("LK")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 17, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Property Purchase Amendment Agreement dated March 12, 2015 between Lakeland Resource Inc. (the Company) and 877384 Alberta Ltd. (Jody Dahrouge) and Zimtu Capital Corp. (the Vendors) whereby the company can acquire a 100% interest in the Black Birch East Mineral Claims (5 claims, 26,389 hectares) located in the Athabasca Basin Region of Saskatchewan. Consideration is $8,818 cash and 88,174 shares within six months. The property is subject to a 2% NSR, with the Company having the right to purchase 1% at any time for $2,000,000 for each claim.
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Zimtu Capital Corp. (David Hodge) |
Y |
44,087 |
________________________________________
PAN ORIENT ENERGY CORP. ("POE")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: March 17, 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 10, 2015, it may repurchase for cancellation, up to 4,705,920 shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange or other recognized marketplaces during the period March 17, 2015 to March 17, 2016. Purchases pursuant to the bid will be made by Mackie Research Capital Corporation on behalf of the Company.
________________________________________
STARLIGHT U.S. MULTI-FAMILY (NO.3) CORE FUND ("SUS.A") ("SUS.U")
BULLETIN TYPE: Notice of Distribution, Correction
BULLETIN DATE: March 17, 2015
TSX Venture Tier 1 Company
Further to the TSX Venture Exchange bulletin dated March 16, 2015, the Ex-Distribution Date has been corrected and should have read as shown below:
| Distribution per Class A: |
CDN$0.05833 |
| Payable Date: |
April 15, 2015 |
| Record Date: |
March 31, 2015 |
| Ex-Distribution Date: |
March 27, 2015 |
| Distribution per Class U |
US$0.05833 |
| Payable Date: |
April 15, 2015 |
| Record Date: |
March 31, 2015 |
| Ex-Distribution Date: |
March 27, 2015 |
________________________________________
STRIKE DIAMOND CORP. ("SRK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 17, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the Second and Final Tranche of a Non-Brokered Private Placement announced January 27, 2015:
| Number of Shares: |
999,166 shares |
| Purchase Price: |
$0.06 per share |
| Warrants: |
999,166 share purchase warrants to purchase 999,166 shares |
| Warrant Exercise Price: |
$0.10 for a one year period |
| Number of Placees: |
5 Placees |
| Finder's Fee: |
T-Bone Ventures Inc. (Georgia Knight) $1,260 cash payable. |
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.]
________________________________________
TIMBERLINE RESOURCES CORPORATION ("TBR")
BULLETIN TYPE: Halt
BULLETIN DATE: March 17, 2015
TSX Venture Tier 2 Company
Effective at 5:57 a.m., PST, March 17, 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.
________________________________________
TIMBERLINE RESOURCES CORPORATION ("TBR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 17, 2015
TSX Venture Tier 2 Company
Effective at 10:00 A.M., PST, March 17, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
URBAN COMMUNICATIONS INC. ("UBN")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: March 17, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 13, 2015:
| Convertible Debenture |
$199,000 |
|
| Conversion Price: |
Convertible into units consisting of one common share and one common share purchase warrant at $0.11 of principal outstanding. |
|
| Maturity date: |
May 31, 2017 |
|
| Warrants |
Each warrant will have a term until May 31, 2017 and entitle the holder to purchase one common share. The warrants are exercisable at the price of $0.20 per share. |
|
| Interest rate: |
8% per annum |
|
| 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.
________________________________________
NEX COMPANIES:
BULLETIN TYPE: Listing Maintenance Fees - Delist
BULLETIN DATE: March 17, 2015
NEX Companies
Effective at the close of business on Wednesday, March 18, 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 |
| LANDDRILL INTERNATIONAL INC. |
LDI.H |
| LEEWARD CAPITAL CORP. |
LWC.H |
| NEW ISLAND RESOURCES INC. |
NIS.H |
| PARKLAND ENERGY SERVICES INC. |
PKE.H |
| PREO SOFTWARE INC |
PKM.H |
| PRO MINERALS INC. |
PRM.H |
| PURE ENERGY VISIONS CORPORATION |
PEV.H |
| RADIANT ENERGY CORPORATION |
RDT.H |
| RARE METHOD INTERACTIVE CORP. |
RAM.H |
| WORLD FAMOUS PIZZA COMPANY LTD. |
WPC.H |
| YALETOWN CAPITAL CORP. |
YCC.H |
| YANKEE HAT MINERALS LTD. |
KHT.H |
| ZEOX CORPORATION |
ZOX.H |
_______________________________________________
TLO CAPITAL CORP. ("TEE.H")
BULLETIN TYPE: Qualifying Transaction-Completed, Delist
BULLETIN DATE: March 17, 2015
NEX Company
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Information Circular dated February 4, 2015. As a result, at the opening on March 18, 2015, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following:
Pursuant to the terms of a subscription agreement dated February 4, 2015 (the "Subscription Agreement") between the Company and Eagle Graphite Incorporated ("Eagle"), the Company subscribed for 1,500,000 units of Eagle (the "Eagle Units") at a price of $0.10/Eagle Unit, for aggregate consideration of $150,000 in cash. Each Eagle Unit consisted of one common share in the capital of Eagle (the "Eagle Shares") and one-half of one common share purchase warrant (each whole warrant, an "Eagle Warrant"). Each Eagle Warrant is exercisable into an Eagle Share at a price of $0.15/Eagle Share for a period of 60 months from the date of issuance.
The Exchange has been advised that the above private placement, approved by Shareholders on March 11, 2015, have been completed.
The Company will be distributing the Eagle Shares and the Eagle Warrants (the "Distribution"), on a prorata basis, to TLO shareholders as a return of capital. The record date for determining the TLO shareholders entitled to participate in the Distribution is March 9, 2015.
On completion of the Distribution, an aggregate of 351,948 Eagle Shares and 175,974 Eagle Warrants will be subject to escrow pursuant to the policies of the Exchange and will be released from escrow in six-month intervals over a period of three years from the closing of the Private Placement. The Eagle Units distributed to the Company's shareholders will be subject to a statutory four month hold period expiring on July 13, 2015.
The Company will be making application under the Business Corporation Act (British Columbia) to be dissolved as soon as practicable after the Distribution. The Private Placement and subsequent Distribution and dissolution of the Company constitute the Company's Qualifying Transaction pursuant to Policy 2.4 of the TSX Venture Exchange.
Effective at the close of business on Wednesday, March 18, 2015, the common shares of TLO Capital Corp. will be delisted from TSX Venture Exchange at the request of the Company.
For further information, please refer to the Company's Information Circular dated February 4, 2015 and news releases dated December 23, 2014 and March 12, 2015.
________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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