TSX Venture Exchange Daily Bulletins
Jun 11, 2015, 17:09 ET
VANCOUVER, June 11, 2015 /CNW/ -
TSX VENTURE COMPANIES
APOGEE SILVER LTD. ("APE")
BULLETIN TYPE: Consolidation
BULLETIN DATE: June 11, 2015
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders June 17, 2014, the Company has consolidated its capital on the basis of 65 existing common shares for 1 new common share. The name of the Company has not been changed.
Effective at the opening on Friday, June 12, 2015, the common shares of Apogee Silver Ltd. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Silver Mining' company.
| Post - Consolidation |
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| Capitalization: |
Unlimited |
shares with no par value of which |
|
| 6,935,631 |
shares are issued and outstanding |
||
| Escrow: |
Nil |
shares |
|
| Transfer Agent: |
Equity Financial Trust Company |
||
| Trading Symbol: |
APE |
(UNCHANGED) |
|
| CUSIP Number: |
03763J406 |
(NEW) |
|
________________________________________
ELY GOLD & MINERALS INC. ("ELY")
BULLETIN TYPE: Halt
BULLETIN DATE: June 11, 2015
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, June 11, 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.
________________________________________
ELY GOLD & MINERALS INC. ("ELY")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 11, 2015
TSX Venture Tier 2 Company
Effective at 9:30 a.m., PST, June 11, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
FLYING MONKEY CAPITAL CORP. ("FMK.P")
BULLETIN TYPE: New Listing-CPC-Shares, Halt
BULLETIN DATE: June 11, 2015
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Prospectus dated March 31, 2015, has been filed with and accepted by TSX Venture Exchange and each of the British Columbia, Alberta, and Saskatchewan Securities Commissions effective April 1, 2015, pursuant to the provisions of the British Columbia Securities Act. The Common Shares of the Company will be listed on TSX Venture Exchange on the effective date stated below.
The Company intends to complete its initial distribution of securities to the public. The gross proceeds received by the Company for the Offering will be $300,000 (3,000,000 common shares at $0.10 per share).
| Commence Date: |
At the opening on Friday, June 12, 2015, the Common |
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| shares will be listed and immediately halted on TSX |
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| Venture Exchange. |
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| Corporate Jurisdiction: |
Business Corporations Act (British Columbia) |
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| Capitalization: |
Unlimited |
common shares with no par value of which |
|
| 5,612,001 |
common shares are issued and outstanding |
||
| Escrowed Shares: |
2,612,001 |
common shares |
|
| Transfer Agent: |
Computershare Investor Services Inc. (Vancouver) |
||
| Trading Symbol: |
FMK.P |
||
| CUSIP Number: |
344078 10 0 |
||
| Sponsoring Member: |
Canaccord Genuity Corp. (Vancouver) |
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| Agent's Warrants: |
300,000 non-transferable warrants. One warrant to purchase |
||
| one share at $0.10 per share up to 24 months. |
|||
For further information, please refer to the Company's Prospectus dated March 31, 2015.
| Company Contact: |
David W. Smalley |
| Company Address: |
2300 – 1066 West Hastings Street |
| Company Phone Number: |
604-684-4535 |
| Company Fax Number: |
888-829-4124 |
| Company Email Address: |
________________________________________
GINSMS INC. ("GOK")
BULLETIN TYPE: Convertible Debenture; Amendment
BULLETIN DATE: June 11, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the amendment of the following convertible debentures:
| Convertible Debenture: |
$6,255,484 is held by One Heart International Limited and $2,853,783 is held by Imphosoft Pte Ltd. |
| Original Conversion Price: |
The conversion price of the convertible debentures was fixed at $0.10 and will not change with the amendment |
| Original Maturity Date: |
The maturity date was fixed for September 28, 2015 and will not change with the amendment |
| Original Debenture Terms: |
Convertible into common shares prior to maturity at $0.10 per share, subject to (i) a holder not holding more than 10% of the then issued and outstanding shares of the Company; and (ii) a holder, together with any person with which it is acting jointly or in concert, not holding 20% or more of the then issued and outstanding shares of the company. |
| Amended Debenture Terms: |
Convertible into common shares prior to maturity at $0.10 per share |
The convertible debenture was issued pursuant to a RTO which was originally accepted for filing by the Exchange effective October 2012.
________________________________________
HELIJET INTERNATIONAL INC. ("HJI")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 11, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 192,592 shares to settle outstanding debt for $26,000 at a deemed price of $0.135 per share.
| Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
MAYA GOLD & SILVER INC. ("MYA")
BULLETIN TYPE: Halt
BULLETIN DATE: June 11, 2015
TSX Venture Tier 2 Company
Effective at 6:23 a.m. PST, June 11, 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.
________________________________________
MAYA GOLD & SILVER INC. ("MYA")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 11, 2015
TSX Venture Tier 2 Company
Effective at 8:30 a.m., PST, June 11, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
MEDICURE INC. ("MPH")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 11, 2015
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, June 11, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
MEZZI HOLDINGS INC. ("MZI")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: June 11, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 150,000 shares to the following insider in consideration of termination of services to the Company.
| Shares |
Warrants |
|
| Raif Adelberg |
150,000 |
0 |
________________________________________
MONTANA EXPLORATION CORP. ("MTZ")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 11, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,300,000 shares and to settle outstanding debt for $156,000.
| Number of Creditors: |
1 Creditor |
No Insider / Pro Group Participation
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
NIOGOLD MINING CORP. ("NOX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 11, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement (Bought Deal) announced May 7, 2015:
| Number of Shares: |
3,975,000 shares |
|
| 4,226,000 flow-through shares |
||
| Purchase Price: |
$0.38 per share |
|
| $0.50 per flow-through share |
||
| Warrants: |
1,987,500 share purchase warrants to purchase 1,987,500 shares |
|
| Warrant Exercise Price: |
$0.50 for a two year period |
|
| Number of Placees: |
22 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Robert Wares |
Y |
100,000 nf/t |
| 500,000 f/t |
||
| André Le Bel |
Y |
50,000 f/t |
| Bryan A. Coates |
Y |
200,000 f/t |
| Sean Roosen |
Y |
400,000 f/t |
| Elif Levesque |
Y |
80,000 f/t |
| John Burzynski |
Y |
100,000 f/t |
| Frédéric Ruel |
Y |
50,000 f/t |
| Yan Ducharme |
Y |
20,000 f/t |
| André Gaumond |
Y |
160,000 f/t |
| Aggregate Pro Group |
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| Involvement [4 Placees] |
641,000 nf/t |
|
| Finder's Fee: |
Cormark Securities Inc. will receive a finder's fee of $190,470 and 437,460 |
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| Broker Warrants that are exercisable into common shares at $0.38 per |
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| share for a two year period. |
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.
________________________________________
NIPPON DRAGON RESOURCES INC. ("NIP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 11, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement:
| Number of Shares: |
6,890,436 common shares |
|
| Purchase Price: |
$0.08 per common share |
|
| Warrants: |
6,890,436 common share purchase warrants to purchase 6,890,436 common shares |
|
| Warrant Exercise Price: |
$0.12 per common share for a 24 month period following the closing of the private placement |
|
| Number of Placees: |
9 Placees |
|
| Insider = Y / |
Number |
|
| Name |
Pro Group = P |
of Shares |
| André Savard |
Y |
62,500 |
| Jean Yeves Therien |
Y |
887,500 |
The Company has announced the closing of the Private Placement by way of press releases dated April 15, 2015 and April 27, 2015.
RESSOURCES NIPPON DRAGON INC (« NIP »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 11 juin 2015
Société du groupe 2 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 : |
6 890 436 actions ordinaires |
|
| Prix : |
0,08 $ par action ordinaire |
|
| Bons de souscription : |
6 890 436 bons de souscription permettant d'acquérir 6 890 436 actions ordinaires |
|
| Prix d'exercice des bons : |
0,12 $ par action ordinaire pour une période de vingt-quatre suivant la clôture du placement privé |
|
| Nombre de souscripteurs : |
9 souscripteurs |
|
| Participation initié / Groupe Pro : |
||
| Initié = Y / |
Nombre |
|
| Nom |
Groupe Pro = P |
d'actions |
| André Savard |
Y |
62 500 |
| Jean Yeves Therien |
Y |
887 500 |
La société a annoncé la clôture du placement privé précité par l'émission de communiqués de presse datés du 15 avril 2015 et 27 avril 2015.
_____________________________________
OREX MINERALS INC. ("REX")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: June 11, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Share Purchase Agreement (the "SPA") and the Joint Venture Agreement (the "JVA") and the Net Smelter Return Royalty Agreement (the "Royalty Agreement") all dated June 11, 2015 among Orex Minerals Inc. (the "Company or Orex") Gunnarn Mining AB ("Gunnarn"), Agnico Eagle Mines Ltd, ("Agnico Eagle"), Agnico Eagle Sweden AB ("AE Sweden) whereby Agnico Eagle & AE Sweden will acquire a 55% in Gunnan which holds the rights to the Barsele Project located in Sweden (the "Project")
Consideration for the transaction includes:
- An initial payment to Orex of US $6 million, with an additional US $2 million payable by Agnico Eagle in cash or shares at Agnico Eagle's election to Orex on each of the first and second anniversaries of the closing.
- Agnico Eagle has committed to spend US $7 million on Project expenditures over three years and will earn an additional 15% interest in the corporate entity which owns the Project if it completes a pre-feasibility study.
- Pursuant to the Transaction, Orex was also granted a 2% net smelter royalty on production from the Project which may be repurchased by Agnico at any time for US $5 million. Agnico will have a majority of board seats and will be the operator of the Project for customary compensation.
Further Information on the transaction is available in the Company's news release dated February 23, 2015, April 24, 2015 and June 11, 2015.
________________________________________
ORLA MINING LTD. ("OLA")
[formerly Red Mile Minerals Corp. ("RDM")]
BULLETIN TYPE: Name Change
BULLETIN DATE: June 11, 2015
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders June 10, 2015, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening, Friday, June 12, 2015, the common shares of Orla Mining Ltd. will commence trading on TSX Venture Exchange, and the common shares of Red Mile Minerals Corp will be delisted. The Company is classified as a 'Mining Exploration' company.
| Capitalization: |
Unlimited |
shares with no par value of which |
|
| 17,437,824 |
shares are issued and outstanding |
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| Escrow: |
Nil |
shares |
|
| Transfer Agent: |
Computershare Investor Services Inc. |
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| Trading Symbol: |
OLA |
(NEW) |
|
| CUSIP Number: |
68633V103 |
(NEW) |
|
________________________________________
QUANTUM INTERNATIONAL INCOME CORP. ("QIC")("QIC.U")
BULLETIN TYPE: Halt
BULLETIN DATE: June 11, 2015
TSX Venture Tier 2 Company
Effective at 11:14 a.m. PST, June 11, 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.
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SMART EMPLOYEE BENEFITS INC. ("SEB")
BULLETIN TYPE: Halt
BULLETIN DATE: June 11, 2015
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, June 11, 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.
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SMART EMPLOYEE BENEFITS INC. ("SEB")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 11, 2015
TSX Venture Tier 2 Company
Effective at 9:15 a.m., PST, June 11, 2015, shares of the Company resumed trading, an announcement having been made.
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SNIPP INTERACTIVE INC. ("SPN ")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 11, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the acquisition of HIP Digital Media Inc. ("HIP") in consideration of the issuance of up to 12,921,861 common shares of the Company (the "Consideration Shares") and a $100 cash payment pursuant to the terms of a merger agreement dd. 31/05/15 as amended on 08/06/15 (collectively the "Merger Agreement").
In accordance with the terms of the Merger Agreement, 4,651,869 of the Consideration Shares are to be issued as the Closing Payment with the residual Consideration Shares issuable on a quarterly basis subject to HIP meeting certain financial targets. An earn-out payment in cash is also payable to the former shareholders of HIP subject to HIP meeting certain financial targets during the period commencing from the date of closing to December 31/15 (ie: 50% of the forecasted revenue with no payment unless total revenue is > US $8.5 million).
456,066 of the Consideration Shares otherwise payable to the former shareholders of HIP are to be paid to an advisor of HIP in respect to the settlement of a debt in the amount of $300,000 owing by HIP to the advisor.
Insider / Pro Group Participation: N/A
________________________________________
STANS ENERGY CORP. ("HRE")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: June 11, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 200,000 shares to settle outstanding debt for $10,000.
| Number of Creditors: |
1 Creditor |
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| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Boris Aryev |
Y |
$10,000 |
$0.05 |
200,000 |
For further information, please refer to the Company's news release dated May 12, 2015.
________________________________________
STANS ENERGY CORP. ("HRE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 11, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 14, 2015:
| Number of Shares: |
1,000,000 shares |
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| Purchase Price: |
$0.05 per share |
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| Warrants: |
1,000,000 share purchase warrants to purchase 1,000,000 shares |
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| Warrant Initial Exercise Price: |
$0.065 |
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| Warrant Term to Expiry: |
2 Years |
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| Number of Placees: |
2 Placees |
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| Finder's Fee: |
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| Name |
Cash |
Shares |
Warrants |
Other |
| PI Financial |
$500.00 |
10,000 |
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| Finder Warrant Initial Exercise Price: |
$0.065 |
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| Finder Warrant Term to Expiry: |
same as general terms on warrants for participants |
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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.
________________________________________
STORM RESOURCES LTD. ("SRX")
BULLETIN TYPE: Prospectus- Shares Offering
BULLETIN DATE: June 11, 2015
TSX Venture Tier 2 Company
Effective June 9, 2015, the Company's Short Form Prospectus dated June 1, 2015 was filed with and accepted by TSX Venture Exchange and filed with and receipted by the Alberta Securities Commission on June 1, 2015. The prospectus is a dual prospectus as the ASC is the principal regulator and it has also been filed with the Ontario Securities Commission. The prospectus has been filed under Multilateral Instrument 11-102 Passport System and National Policy 11-202 Process for Prospectus Reviews in Multiple Jurisdictions in British Columbia, Saskatchewan, Manitoba, Quebec, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador. A receipt for the prospectus is deemed to be issued by the regulator in each of those jurisdictions, if the conditions of the Instrument have been satisfied.
TSX Venture Exchange has been advised that closing occurred on June 10, 2015, for gross proceeds of $36,400,000.
| Underwriters: |
First Energy Capital Corp. |
| GMP Securities L.P |
|
| Peters & Co. Limited |
|
| National Bank Financial Inc. |
|
| Raymond James Ltd. |
|
| Offering: |
8,000,000 common shares |
| Share Price: |
$4.55 per common share |
| Underwriter's Commission: |
Cash commission equal to 5% of the gross proceeds of the Offering to be paid to the Underwriters. |
For further information, please refer to the Company's Prospectus dated June 1, 2015.
________________________________________
VIRTUTONE NETWORKS INC. ("VFX.H")
[formerly Virtutone Networks Inc. ("VFX")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: June 11, 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 Friday, June 12, 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 Calgary to NEX.
As of June 12, 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 VFX to VFX.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 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.
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NEX COMPANIES
CBD MED RESEARCH CORP. ("CBM.H")
BULLETIN TYPE: Halt
BULLETIN DATE: June 11, 2015
NEX Company
Effective at 7:26 a.m. PST, June 11, 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.
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SOURCE TSX Venture Exchange
For further information: Market Information Services at 1-888-873-8392, or email: [email protected]
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