VANCOUVER, June 4, 2015 /CNW/ -
TSX VENTURE COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: June 4, 2015
TSX Venture Company
A Cease Trade Order has been issued by the British Columbia Securities Commission on June 3, 2015 against the following company for failing to file the documents indicated within the required time period:
| Symbol |
Tier |
Company |
Failure to File |
Period |
| Ending |
||||
| (Y/M/D) |
||||
| TDC |
1 |
Tyhee Gold Corp. |
Annual audited financial statements |
|
| as required under Part 4 of National |
||||
| Instrument 51-102 Continuous |
||||
| Disclosure Obligations (NI 51-102) |
||||
| for the year ended |
14/11/30 |
|||
| Interim financial report as required |
||||
| under Part 4 of NI 51-102 for the |
||||
| financial period ended |
15/02/28 |
|||
| A Form 51-102F1 Management's |
||||
| Discussion and Analysis as required |
||||
| under Part 5 of NI 51-102 for the |
||||
| periods ended |
14/11/30 |
|||
| 15/02/28 |
Upon revocation of the Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements. Members are prohibited from trading in the securities of the companies during the period of the suspension or until further notice.
________________________________________
ACTIVE GROWTH CAPITAL INC. ("ACK")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 4, 2015
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletin dated March 24, 2015 and the Company's press release dated May 26, 2015, effective at the opening Friday, June 5, 2015, shares of the Company will resume trading.
________________________________________
ALLIANCEPHARMA INC. ("APA")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 4, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to an arm's length share purchase agreement dated April 1, 2015, for the acquisition of all the issued and outstanding securities of Élitis Pharma Inc. for a total consideration of $4,150,000 in cash, of which $2,800,000 to be paid upon closing. The remaining $1,350,000 will bear interest rate varying between 3% and 8% and will be paid over 36 months from the closing date. The Company will pay an arm's length finder's fee of 950,000 common shares. Also, 650,000 common shares and $24,000 in cash will be paid pursuant to an arm's length corporate finance fee agreement.
For further information, please refer to the Company's press releases April 7 and June 2, 2015.
ALLIANCEPHARMA INC. (« APA »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 4 juin 2015
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents relativement à une convention d'achat d'actions datée du 1 avril 2015 auprès de personnes sans lien de dépendance, relativement de tous les titres émis et en circulation de Élitis Pharma inc. pour une considération total de 4 150 000 $ en espèces, dont 2 800 000 $ sera payé à la clôture. Le solde de 1 350 000 $ portera intérêt à un taux variant entre 3% et 8% et sera payé sur 36 mois de la date de clôture. La société payera un honoraire d'intermédiation à une personne sans lien de dépendance sous la forme de 950 000 actions ordinaires. Aussi, 650 000 actions ordinaires et 24 000 $ en espèces sera payé en vertu d'une convention de frais de financement auprès d'une personne sans lien de dépendance.
Pour de plus amples renseignements, veuillez vous référer aux communiqués de presse de la société datés du 7 avril et 2 juin 2015.
_________________________________
ALMONTY INDUSTRIES INC. ("AII")
BULLETIN TYPE: Property-Asset or Share Acquisition Agreement
BULLETIN DATE: June 4, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange Inc. (the "Exchange"') has accepted for filing a purchase and exchange agreement among Almonty Industries Inc. ("Almonty"), Dundee Corporation and Dundee Resources Limited ("DRL") dated June 1, 2015 (the "Agreement") pursuant to which Almonty has agreed to acquire:
| (i) |
29,497,229 common shares in the capital of Woulfe currently owned by DRL at a deemed price of $0.056 per Woulfe share in exchange for issuing to DRL 2,949,723 common shares of Almonty; and |
| (ii) |
$4,000,000 principal amount 12% Unsecured Subordinated Convertible Debenture due December 31, 2016 issued to DRL by Woulfe on March 7, 2014 in exchange for a cash payment to DRL of $2,600,000 ($2,100,000 in cash on closing and $125,000 in cash in four equal installments on the dates that are three, six, nine and twelve months from the closing date) and the issuance to DRL of a term promissory note in the principal amount of $1,400,000 due five (5) years after closing and bearing interest at 4% per annum. |
In addition, Almonty will loan Woulfe $1,000,000 in principal amount by way of convertible unsecured subordinated debentures (the "Debentures") at a price of $1,000 per Debenture. Each $1,000 principal amount will be convertible at the option of Almonty into 16,667 common shares of Woulfe. The Debentures will have an interest rate of 12% per year, payable quarterly in arrears.
Insider / Pro Group Participation: Nil
For further information please refer to Almonty's news release dated June 2, 2015 which is available under Almonty's profile on SEDAR.
________________________________________
AURCREST GOLD INC. ("AGO")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 4, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 8,590,914 common shares at a deemed value of $0.05 per share to settle outstanding debt for $429,545.74.
| Number of Creditors: |
8 Creditors |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Errol Farr |
Y |
$61,511.05 |
$0.05 |
1,230,221 |
| Peter Brodie-Brown |
Y |
$20,000.00 |
$0.05 |
400,000 |
| Blaine Webster |
Y |
$22,000.00 |
$0.05 |
440,000 |
| Christopher Angeconeb |
Y |
$10,000.00 |
$0.05 |
200,000 |
| Frank van de Water |
Y |
$24,000.00 |
$0.05 |
480,000 |
| Gardiner Roberts LLP |
Y |
$183,717.81 |
$0.05 |
3,674,356 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
AZINCOURT URANIUM INC. ("AAZ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 4, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 24, 2014 (prior to the 4 old for 1 new share consolidation that was effective February 18, 2015):
| Number of Shares: |
541,750 flow-through shares (post-consolidation) |
| Purchase Price: |
$0.24 per flow-through share |
| Warrants: |
541,750 share purchase warrants to purchase 541,750 shares |
| Warrant Exercise Price: |
$0.40 for a two year period |
| Number of Placees: |
1 Placee |
| Finder's Fee: |
Accilent Capital Management Inc. will receive a finder's fee of $10,921.68 and 43,340 finder's warrants that are exercisable into common shares at $0.40 per share to December 31, 2016. |
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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EARTHWORKS INDUSTRIES INC. ("EWK")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: June 4, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced May 26, 2015 and June 1, 2015:
| Number of Shares: |
5,505,000 shares |
|
| Purchase Price: |
$0.10 per share |
|
| Warrants: |
2,752,500 share purchase warrants to purchase 2,752,500 shares |
|
| Warrant Exercise Price: |
$0.20 for a two year period. If the trading price is at $0.40 or higher for 20 consecutive trading days at any time after four months and one day after closing the Company may, upon giving notice to the warrantholder, shorten the expiry date of the warrants to 10 days from the date of notice. |
|
| Number of Placees: |
11 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| David Andrews |
Y |
650,000 |
| David Atkinson |
Y |
215,000 |
| David Scott |
Y |
150,000 |
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.
________________________________________
IN-TOUCH SURVEY SYSTEMS LTD. ("INX")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: June 4, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pursuant to an Asset Purchase Agreement (the "Agreement") between the Company and IPSG Technology Inc. ("IPSG"). As per the terms of the Agreement, the Company sold its Information Managements Services ("IMS") division to IPSG. The Company vended all assets of the IMS division including $66,448 in working capital. In consideration the Company received 49% ownership interest in IPSG. The Company maintained an option in IPSG that in the event certain milestones are not met over an agreed period, the Company will have the ability to take over a 51% ownership stake in IPSG.
________________________________________
LIQUID NUTRITION GROUP INC. ("LQD")("LQD.WT")
BULLETIN TYPE: Halt
BULLETIN DATE: June 4, 2015
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, June 4, 2015, trading in the shares of the Company was halted due to failure to maintain Exchange requirements. 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.
________________________________________
MOSAIC CAPITAL CORPORATION ("M")
BULLETIN TYPE: Notice of Dividend
BULLETIN DATE: June 4, 2015
TSX Venture Tier 1 Company
The Issuer has declared the following dividend:
| Dividend Amount per Common Share: |
$0.10 |
| Payable Date: |
June 30, 2015 |
| Record Date: |
June 15, 2015 |
| Ex-Dividend Date: |
June 11, 2015 |
________________________________________
NANOTECH SECURITY CORP. ("NTS")
BULLETIN TYPE: Amendment
BULLETIN DATE: June 4, 2015
TSX Venture Tier 1 Company
AMENDMENT:
Further to the TSX Venture Exchange Bulletin dated September 30, 2014, the Exchange has accepted an amendment with respect to a Non-Brokered Private Placement announced August 26, 2014:
| Finder's Fee: |
-Canaccord Genuity Corp. $389,025.63 cash and 168,578 Work Fee Warrants payable. |
| -Craig-Hallum Capital Group LLC 90,772 Work Fee Warrants payable. |
|
| -Each Work Fee Warrant is exercisable into one Unit at $1.50 until September 12, 2105. Each Unit has the same terms as the offering. |
|
| -Mackie Research Capital Corporation $49,423.50 cash payable. |
________________________________________
PRIMELINE ENERGY HOLDINGS INC. ("PEH")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 4, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 21,218,535 shares to settle outstanding debt of CDN$12,306,750.
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Victor Yiou Hwa Hwang |
Y |
$12,306,750 |
$0.58 |
21,218,535 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
TASMAN METALS LTD. ("TSM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 4, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange (the 'Exchange') has accepted for filing documentation pertaining to a letter of intent dated December 15, 2014 (the 'Agreement'), among Tasman Metals Ltd. (the 'Company') and Kipu Metals Corp. (Kipu'). Pursuant to the Agreement, the Company has acquired the Akanvaara and Koitelainen projects in Finland (the 'Assets') in from Kipu in exchange for $45,528.50.
Insider / Pro Group Participation: Michael Hudson and Mark Hudson are the only directors and shareholders of Kipu Metals Corp. Mr. Hudson is a director of the Company and Mr. Saxon is the Company's President, CEO and a director.
For additional information please refer to the Company's news releases dated December 17, 2014 and June 2, 2015.
________________________________________
TRINITY VALLEY ENERGY CORP. ("TE")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 4, 2015
TSX Venture Tier 2 Company
Effective at 10:45 a.m., PST, June 4, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
NEX COMPANIES
JM CAPITAL II CORP. ("JCI.H")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: June 4, 2015
NEX Company
Further to the TSX Venture Exchange Bulletins dated April 24, 2014 and July 7, 2014, the Company has applied for reinstatement, the Company having announced the termination of the proposed transaction on May 6, 2015.
Effective at the opening, Friday, June 5, 2015, trading will be reinstated in the securities of the Company.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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