VANCOUVER, May 20, 2015 /CNW/ -
TSX VENTURE COMPANIES:
CARMAX MINING CORP. ("CXM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 20, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 27, 2015:
| Number of Shares: |
11,000,000 shares |
|
| Purchase Price: |
$0.05 per share |
|
| Warrants: |
11,000,000 share purchase warrants to purchase 11,000,000 shares |
|
| Warrant Exercise Price: |
$0.075 for a two year period |
|
| Number of Placees: |
1 Placee |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Northern Fox Copper Inc. |
Y |
11,000,000 |
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.
________________________________________
GEOMEGA RESOURCES INC. ("GMA")
BULLETIN TYPE: Halt
BULLETIN DATE: May 20, 2015
TSX Venture Tier 2 Company
Effective at 7:18 a.m. PST, May 20, 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.
________________________________________
GEOMEGA RESOURCES INC. ("GMA")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 20, 2015
TSX Venture Tier 2 Company
Effective at 11:30 a.m., PST, May 20, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
GLENMARK CAPITAL CORP. ("GLM")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: May 20, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement dated November 11, 2014, and an amendment agreement dated May 13, 2015 (collectively, the 'Agreement') between the Company and GeoNovus Media Corp. (the 'Optionor'). Pursuant to the terms of the Agreement, the Company will acquire a 100% interest in the Scotia Zinc-Silver Project in British Columbia (the 'Property'). By way of consideration, the Company has made a cash payment totalling $75,000 and will issue 1,000,000 shares to the Optionor at a deemed price of $0.11 per share. The Property is subject to a 2% NSR is favour of a third party, of which the Company may repurchase 1% for $1,000,000.
Please refer to the Company's news releases dated November 11, 2014 and May 14, 2015 for further details.
________________________________________
GPM METALS INC. ("GPM")
BULLETIN TYPE: Halt
BULLETIN DATE: May 20, 2015
TSX Venture Tier 2 Company
Effective at 6:28 a.m. PST, May 20, 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.
________________________________________
GPM METALS INC. ("GPM")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 20, 2015
TSX Venture Tier 2 Company
Effective at 8:00 a.m., PST, May 20, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
GREAT QUEST FERTILIZER LTD. ("GQ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 20, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 1, 2015:
| Number of Shares: |
2,294,166 shares |
|
| Purchase Price: |
$0.30 per share |
|
| Warrants: |
2,294,166 share purchase warrants to purchase 2,294,166 shares |
|
| Warrant Initial Exercise Price: |
$0.50 |
|
| Warrant Term to Expiry: |
5 Years |
|
| Number of Placees: |
10 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
Pro-Group=P |
# of Shares |
| John Clarke |
Y |
260,000 |
| J.A. Richardson Ent. Inc. |
||
| (Jeddiah Richardson) |
Y |
400,000 |
| Jeddiah Richardson |
Y |
333,333 |
| David Shaw |
Y |
244,166 |
The Company issued a news release confirming closing of the private placement on May 19, 2015. 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.
The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantee the accuracy or completeness of the information contained in this document. Readers should consult the issuer's continuous disclosure record for complete details of the transaction.
________________________________________
MORRO BAY RESOURCES LTD. ("MRB")
BULLETIN TYPE: Non-Brokered Private Placement
BULLETIN DATE: May 20, 2015
TSX Venture Tier 2 Company
FIRST TRANCHE CLOSING
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 6, 2015:
| Number of Securities: |
3,590,000 Units (Each Unit consists of one common share of the Company ("Share") and one Common Share purchase warrant ("Warrant") with each Warrant exercisable for one Share for two years from date of issuance. The Warrant pricing will be in year one, priced at $0.05 per share, and in year two they will be priced at $0.10 per share). |
|
| Purchase Price: |
$0.05 per Unit |
|
| Number of Placees: |
10 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P / |
# of Units |
| John C. Zang |
Y |
600,000 |
| Finder's Fee: |
GMP Securities LP – Cash payment $14,950 – Finders Warrants: 299,000 (Finders warrants entitling holder to acquire one share (a "Share") equal to 10% of the number of Shares issued to investors found by the finder. Each Warrant is exercisable for one Share for a period of two years from closing, at a price of $0.05 per Share in the first year and $0.10 for the second year.) |
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ONEROOF ENERGY GROUP, INC. ("ON")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: May 20, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 20, 2015:
| Convertible Debenture: |
US$3,155,551 |
|
| Conversion Price |
Convertible into common shares at CDN$0.095 of principal outstanding per share in the first year and $0.10 thereafter until maturity |
|
| Maturity Date |
Forty-three months from closing |
|
| Interest Rate |
10% |
|
| Number of Placees: |
1 Placee |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
Amount |
| Black Coral Capital, LLC |
Y |
US$3,155,551 |
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.
________________________________________
ONEROOF ENERGY GROUP, INC. ("ON")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: May 20, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 20, 2015:
| Convertible Debenture: |
US$13,555,999 |
|
| Conversion Price |
Convertible into shares at CDN$0.095 of principal outstanding per share for the first year and CDN$0.10 thereafter until maturity |
|
| Maturity Date |
Forty-three months from closing |
|
| Interest Rate |
10% |
|
| Number of Placees: |
1 Placee |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
Amount |
| Black Coral Capital, LLC |
Y |
US$13,555,999 |
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.
________________________________________
ONEROOF ENERGY GROUP, INC. ("ON")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 20, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 20, 2015:
| Number of Shares: |
38,337,923 common shares |
|
| Purchase Price: |
$0.095 per share |
|
| Number of Placees: |
1 Placee |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Black Coral Capital LLC |
Y |
38,337,923 |
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.
________________________________________
ORLETTO CAPITAL INC. ("OLE.P")
BULLETIN TYPE: Halt
BULLETIN DATE: May 20, 2015
TSX Venture Tier 2 Company
Effective at 6:20 a.m. PST, May 20, 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.
________________________________________
PRECIPITATE GOLD CORP. ("PRG")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: May 20, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
Private Placement:
| # of Warrants: |
6,953,333 |
| Original Expiry Date of Warrants: |
May 26, 2015 |
| New Expiry Date of Warrants: |
May 26, 2016 |
| Exercise Price of Warrants: |
$0.25, subject to an accelerated expiry |
These warrants were issued pursuant to a private placement of 6,953,333 shares with 6,953,333 share purchase warrants attached, which was accepted for filing by the Exchange effective June 2, 2014.
________________________________________
STAR NAVIGATION SYSTEMS GROUP LTD. ("SNA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 20, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 30, 2015:
| Number of Shares: |
16,140,000 shares |
|||
| Purchase Price: |
$0.05 per share |
|||
| Warrants: |
16,140,000 share purchase warrants to purchase 16,140,000 shares |
|||
| Warrant Initial Exercise Price: |
$0.06 and $0.12 (50% of warrants are exercisable at $0.06 and 50% are exercisable at $0.12) |
|||
| Warrant Term to Expiry: |
2 Years |
|||
| Number of Placees: |
36 Placees |
|||
| Finder's Fee: |
||||
| Name |
Cash |
Shares |
Warrants |
Other |
| Sunaik Corp. |
1,450,000 |
1,450,000 |
||
| Finder Warrant Initial Exercise Price: |
$0.06 and $0.12 (50% of warrants are exercisable at $0.06 and 50% are exercisable at $0.12) |
|||
| Finder Warrant Term to Expiry: |
2 Years |
|||
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.
The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantee the accuracy or completeness of the information contained in this document. Readers should consult the issuer's continuous disclosure record for complete details of the transaction.
________________________________________
VENDTEK SYSTEMS INC. ("VSI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 20, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 6, 2015:
| Number of Shares: |
9,478,568 shares |
|
| Purchase Price: |
$0.07 per share |
|
| Warrants: |
9,478,568 share purchase warrants to purchase 9,478,568 shares |
|
| Warrant Exercise Price: |
$0.25 for a three year period |
|
| Number of Placees: |
8 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| F3 Capital Partners Ltd. |
Y |
3,985,534 |
| Felipe Ayres |
Y |
528,571 |
| Logistics International SAL |
||
| (A.Safa, I.Safa) |
Y |
3,214,285 |
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.
________________________________________
WEST HIGH YIELD (W.H.Y.) RESOURCES LTD. ("WHY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 20, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 17, 2015:
| Number of Securities: |
1,286,000 common share units ("Units") |
| Each Unit consists of one common share of the Company ("Share") and one share purchase warrant |
|
| Purchase Price: |
$0.25 per Unit |
| Warrants: |
1,286,000 share purchase warrants to purchase 128,600 shares |
| Warrant Exercise Price: |
$0.40 for up to 12 months from date of issuance |
| Number of Placees: |
8 Placees |
| Insider / Pro Group Participation: |
None |
| Finder's Fee: |
$25,000 cash payable to Wolverton Securities Ltd. (Vancouver) |
________________________________________
NEX COMPANIES
CASPIAN ENERGY INC. ("CKZ.H")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 20, 2015
NEX Company
TSX Venture Exchange has accepted for filing a share purchase agreement dated August 1, 2014, as amended November 11, 2014 (the "Agreement"), between Caspian Energy Inc. (the "Company"), its wholly-owned subsidiary Caspian Energy Canada Limited, Asia Sixth Energy Resources Limited ("Asia Sixth"), Groenzee B.V. ("Groenzee"), a wholly-owned subsidiary of Asia Sixth, and four other parties (the "Investors"). The transactions contemplated by the Agreement were completed on May 20, 2015.
Pursuant to the Agreement, the Company has acquired from Asia Sixth:
- a 10% direct participating interest in the charter capital of Aral Petroleum Capital LLP ("Aral"), the operating entity of the East Zhagabulak oil field and North Block licenses in Kazakhstan;
- all of the issued and outstanding shares of Groenzee, which has resulted in the Company:
- assuming indebtedness in the aggregate amount of $144,418,373 owed by Groenzee to Asia Sixth; and
- acquiring Groenzee's 50% interest in Aral.
Under the Agreement, the aggregate deemed consideration is US$47,114,778, which consists of:
- An aggregate of 162,743,814 common shares of the Company ("Common Shares") at a deemed price of CDN$0.16 per Common Share to be issued to Sixth Energy Limited ("Sixth Energy") and Excellent Harvest Holdings Limited, as the sole shareholders of Asia Sixth. In addition, 7,540,743 warrants to acquire Common Shares have been granted to Sixth Energy.
- The assignment from the Company to Asia Sixth, and subsequent extinguishment, of certain promissory notes under which Asia Sixth was indebted to the Investors in the aggregate amount of US$25.4 million. Immediately prior to such assignment and extinguishment, the promissory notes were assigned by the Investors to the Company in exchange for the Investors' subscription for an aggregate of 115,450,742 Common Shares at a deemed price of between CDN$0.258-CDN$0.284 per Common Share.
For additional information, please refer to: (i) the Management Information Circular of the Company, dated November 14, 2014; and, (ii) the Company's news releases, dated August 1, 2014, November 4, 2014, November 12, 2014, November 14, 2014, December 1, 2014, December 3, 2014, December 12, 2014, January 21, 2015, April 28, 2015 and May 20, 2015. These documents can be found on SEDAR.
________________________________________
NXA INC. ("NXI.H")
BULLETIN TYPE: Halt
BULLETIN DATE: May 20, 2015
NEX Company
Effective at 6:26 a.m. PST, May 20, 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.
________________________________________
SILVER SHIELD RESOURCES CORP. ("SSR.H")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: May 20, 2015
NEX Company
Further to the TSX Venture Exchange Bulletin dated May 1, 2014, the Company has applied for reinstatement to trading.
Effective at the opening, Thursday, May 21, 2015, trading will be reinstated in the securities of the Company.
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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