VANCOUVER, June 8, 2015 /CNW/ -
TSX VENTURE COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: June 8, 2015
TSX Venture Companies
A Cease Trade Order has been issued by the British Columbia Securities Commission on June 5, 2015 against the following companies for failing to file the documents indicated within the required time period:
| Symbol |
Tier |
Company |
Failure to File |
Period |
| Ending |
||||
| (Y/M/D) |
||||
| KE |
2 |
Karoo Exploration Corp. |
Interim financial report as required |
|
| under Part 4 of National Instrument |
||||
| 51-102 Continuous Disclosure Obligations |
||||
| (N1 51-102) for the financial period |
||||
| ended |
15/03/31 |
|||
| A Form 51-102F1 Management's |
||||
| Discussion and Analysis as required |
||||
| under Part 5 of N1 51-102 for the |
||||
| period ended |
15/03/31 |
|||
| RZ |
2 |
Revolver Resources Inc. |
Interim financial report as required |
|
| under Part 4 of National Instrument |
||||
| 51-102 Continuous Disclosure Obligations |
||||
| (N1 51-102) for the financial period |
||||
| ended |
15/03/31 |
|||
| A Form 51-102F1 Management's |
||||
| Discussion and Analysis as required |
||||
| under Part 5 of N1 51-102 for the |
||||
| period ended |
15/03/31 |
|||
| TEA |
2 |
Tearlach Resources Limited |
Interim financial report as required |
|
| under Part 4 of National Instrument |
||||
| 51-102 Continuous Disclosure Obligations |
||||
| (N1 51-102) for the financial period |
||||
| ended |
15/03/31 |
|||
| A Form 51-102F1 Management's |
||||
| Discussion and Analysis as required |
||||
| under Part 5 of N1 51-102 for the |
||||
| period ended |
15/03/31 |
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.
________________________________________
01 COMMUNIQUE LABORATORY INC. ("ONE")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: June 8, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 800,000 non-transferable bonus warrants in consideration of a CDN$400,000 secured loan provided to the Company. The loan bears interest at rate of 10% per annum and matures three years from issuance.
Each bonus warrant is exercisable into one common share at $0.21 for a three year period.
For further details, please refer to the Company's news release dated April 24, 2015.
_______________________________
BIOMMUNE TECHNOLOGIES INC. ("IMU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 8, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 3, 2015:
| Number of Shares: |
5,000,000 shares |
|
| Purchase Price: |
$0.20 per share |
|
| Warrants: |
5,000,000 share purchase warrants to purchase 5,000,000 shares |
|
| Warrant Exercise Price: |
$0.30 for an 18-month period. The warrants are subject to an accelerated |
|
| exercise provision in the event the volume weighted average price of the |
||
| company's shares is $0.50 or greater for 10 consecutive trading days. |
||
| Number of Placees: |
24 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aggregate Pro Group |
||
| Involvement [3 placees] |
P |
850,000 |
| Finder's Fee: |
Haywood Securities Inc. - $54,800.00 |
|
| Raymond James Ltd. - $2,000.00 |
||
| Mont Blanc Capital Corp. - $13,600.00 |
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.
________________________________________
CANADIAN INTERNATIONAL MINERALS INC. ("CIN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 8, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 20, 2015:
| Number of Shares: |
1,250,000 shares |
| Purchase Price: |
$0.02 per share |
| Warrants: |
1,250,000 share purchase warrants to purchase 1,250,000 shares |
| Warrant Exercise Price: |
$0.05 for a two year period |
| 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. 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.
________________________________________
DRAFTTEAM DAILY FANTASY SPORTS CORP. ("DTS")
BULLETIN TYPE: Halt
BULLETIN DATE: June 8, 2015
TSX Venture Tier 2 Company
Effective at 5:46 a.m. PST, June 8, 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.
________________________________________
DRAFTTEAM DAILY FANTASY SPORTS CORP. ("DTS")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 8, 2015
TSX Venture Tier 2 Company
Effective at 9:45 a.m., PST, June 8, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
HUAXING MACHINERY CORP. ("HUA.H")
[formerly Huaxing Machinery Corp. ("HUA")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: June 8, 2015
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening on Tuesday, June 9, 2015, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Vancouver to NEX.
As of June 9, 2015, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.
The trading symbol for the Company will change from HUA to HUA.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.
Further to the Exchange Bulletin dated February 26, 2015, trading in the shares of the Company will remain suspended.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
_______________________________________
LAKELAND RESOURCES INC. ("LK")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 8, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Property Purchase Agreement dated May 27, 2015 between Lakeland Resources Inc. (the Company) and Eagle Plains Resources Ltd. (the Vendor) whereby the company may acquire a 100% interest in the Carter Lake area mineral claims (28 mineral claims) located in the Athabasca Basin region of Saskatchewan. Consideration is $40,000 and 800,000 common shares. The Vendor retains a 2% NSR with the Company having the right to purchase one half (1%) for $1 million at any time.
________________________________________
MEDIFOCUS INC. ("MFS")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: June 8, 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: |
40,567,253 |
| Original Expiry Date of Warrants: |
18,367,253 warrants on June 8, 2014 and |
| 22,200,000 warrants on June 21, 2014 |
|
| Previously Amended Expiry Date of Warrants: |
June 8, 2015 (all warrants) |
| New Expiry Date of Warrants: |
June 8, 2016 (all warrants) |
| Exercise Price of Warrants: |
$0.20 |
These warrants were issued pursuant to a private placement of 40,567,253 shares with 40,567,253 share purchase warrants attached, which was accepted for filing by the Exchange effective August 13, 2012, and previously extended and accepted by the Exchange on June 6, 2014.
________________________________________
PRIMELINE ENERGY HOLDINGS INC. ("PEH")
BULLETIN TYPE: Halt
BULLETIN DATE: June 8, 2015
TSX Venture Tier 2 Company
Effective at 7:28 a.m. PST, June 8, 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.
________________________________________
TAMARACK VALLEY ENERGY LTD. ("TVE")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: June 8, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced May 14, 2015 and closed June 3, 2015:
| Number of Shares: |
2,186,800 shares issued on a flow-through basis ("FT Share") |
|
| Purchase Price: |
$4.15 per share |
|
| Warrants: |
None |
|
| Number of Placees: |
15 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P / |
# of Units |
| Ken Cruikshank |
Y |
1,800 |
| Dean Setoguchi |
Y |
15,000 |
| Brian Schmidt |
Y |
9,800 |
| Agent's Fee: |
An aggregate of $453,761.00 to a syndicate of Underwriters, including, |
|
| Dundee Securities Ltd, National Bank Financial Inc., Macquarie Capital |
||
| Markets Canada Ltd., GMP Securities L.P., Peters & Co. Limited, RBC |
||
| Dominion Securities Inc., Acumen Capital Finance Partners Ltd., |
||
| AltaCorp Capital Inc., and Paradigm Capital Inc. |
________________________________________
TANQUERAY EXPLORATION LTD. ("TQY.H")
[formerly Tanqueray Exploration Ltd. ("TQY")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Resume Trading
BULLETIN DATE: June 8, 2015
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening on Tuesday, June 9, 2015, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Vancouver to NEX.
As of June 9, 2015, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.
The trading symbol for the Company will change from TQY to TQY.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.
Further to the TSX Venture Exchange Bulletins dated June 25, 2014 and July 7, 2014, the Company has applied for a resumption to trading, the Company having announced the termination of the proposed transaction on May 15, 2015.
Effective at the open on Tuesday, June 9, 2015, shares of the Company will resume trading.
_______________________________________
TRIBUTE PHARMACEUTICALS CANADA INC. ("TRX")
BULLETIN TYPE: Halt
BULLETIN DATE: June 8, 2015
TSX Venture Tier 2 Company
Effective at 6:20 a.m. PST, June 8, 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.
________________________________________
TRIBUTE PHARMACEUTICALS CANADA INC. ("TRX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 8, 2015
TSX Venture Tier 2 Company
Effective at 8:15 a.m., PST, June 8, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
UC RESOURCES LTD. ("UC")
BULLETIN TYPE: Company Tier Reclassification
BULLETIN DATE: June 8, 2015
TSX Venture Tier 1 Company
In accordance with Policy 2.5, the Company has not met the requirements for a Tier 1 company. Therefore, effective Tuesday June 9, 2015, the Company's Tier classification will change from Tier 1 to:
Classification
Tier 2
________________________________________
VERSAPAY CORPORATION ("VPY")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: June 8, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced April 17, 2015:
| Number of Shares: |
3,457,144 common shares |
|
| Purchase Price: |
$1.40 per share |
|
| Warrants: |
1,728,572 share purchase warrants attached to purchase 1,728,572 shares |
|
| Warrant Exercise Price: |
$2.00 for a two year period |
|
| Number of Placees: |
40 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Wendy Porter |
Y |
25,000 |
| Eleanor Chiu |
Y |
35,000 |
| Arthur Mesher |
Y |
75,000 |
| Aggregate Pro Group |
||
| Involvement [1 placee] |
P |
250,000 |
| Brokers' Fees: |
an aggregate of $290,400.10 plus 207,429 broker warrants (each |
|
| exercisable into one unit at a price of $1.40 for a two year period) |
||
| is payable to Haywood Securities Inc. |
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.
________________________________________
NEX COMPANIES
FOCUSED CAPITAL CORP. ("FLO.H")
BULLETIN TYPE: Halt
BULLETIN DATE: June 8, 2015
NEX Company
Effective at 7:22 a.m. PST, June 8, 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.
________________________________________
FOCUSED CAPITAL CORP. ("FLO.H")
BULLETIN TYPE: Remain Halted - Qualifying Transaction
BULLETIN DATE: June 8, 2015
NEX Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated June 8, 2015, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation pursuant to TSXV Listings Policy 2.4 regarding a Qualifying Transaction.
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.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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