VANCOUVER, Aug. 7, 2015 /CNW/ -
TSX VENTURE COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: August 6, 2015
TSX Venture Companies
A Cease Trade Order has been issued by the British Columbia Securities Commission on August 6, 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) |
||||
ANB |
2 |
Anglo-Bomarc Mines Ltd. (N.P.L.) |
annual audited financial statements |
|
as required under Part 4 of National |
||||
Instrument 51-102 Continuous Discussion |
||||
Obligations (NI 51-102) for the year |
||||
ended |
15/03/31 |
|||
a Form 51-102F1 Management's Discussion |
||||
and Analysis as required under Part 5 of |
||||
NI 51-102 for the period ending |
15/03/31 |
|||
ECH |
2 |
Echelon Petroleum Corp. |
annual audited financial statements |
|
as required under Part 4 of National |
||||
Instrument 51-102 Continuous Discussion |
||||
Obligations (NI 51-102) for the year |
||||
ended |
15/03/31 |
|||
a Form 51-102F1 Management's Discussion |
||||
and Analysis as required under Part 5 of |
||||
NI 51-102 for the period ending |
15/03/31 |
|||
SSM |
2 |
Sunset Cove Mining Inc. |
annual audited financial statements |
|
as required under Part 4 of National |
||||
Instrument 51-102 Continuous Discussion |
||||
Obligations (NI 51-102) for the year |
||||
ended |
15/03/31 |
|||
a Form 51-102F1 Management's Discussion |
||||
and Analysis as required under Part 5 of |
||||
NI 51-102 for the period ending |
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.
________________________________________
CRITICAL OUTCOME TECHNOLOGIES INC. ("COT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 7, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 30, 2015:
Number of Shares: |
4,288,533 shares |
|||
Purchase Price: |
$0.30 per share |
|||
Warrants: |
2,144,266 share purchase warrants to purchase 2,144,266 shares |
|||
Warrant Initial Exercise Price: |
$0.42 |
|||
Warrant Term to Expiry: |
2 Years |
|||
Number of Placees: |
26 Placees |
|||
Insider / Pro Group Participation: |
||||
Name |
Insider=Y / |
# of Shares |
||
Pro-Group=P |
||||
Alison Silva |
Y |
60,000 |
||
Aggregate Pro-Group Involvement |
P |
265,000 |
||
[2 Placees] |
||||
Finder's Fee: |
||||
CIBC World Markets |
$2,700.00 cash; 9,000 warrants; The expiry date of the Compensation warrants will be reduced to a period of 21 days if, for any ten consecutive trading days during the unexpired term of the Compensation warrants (the "Premium Trading Days"), the closing price of the Common Shares listed on the TSX Venture Exchange equals or exceeds three times the exercise price of the Compensation warrants issued in the Offering. The reduced exercise period will begin seven calendar days after the tenth Premium Trading Day |
|||
Jim Hutton |
$6,246.00 cash |
|||
Marco Durante |
20,820 warrants; The expiry date of the Compensation warrants will be reduced to a period of 21 days if, for any ten consecutive trading days during the unexpired term of the Compensation warrants (the "Premium Trading Days"), the closing price of the Common Shares listed on the TSX Venture Exchange equals or exceeds three times the exercise price of the Compensation warrants issued in the Offering. The reduced exercise period will begin seven calendar days after the tenth Premium Trading Day |
|||
National Bank Financial |
$5,400.00 cash; 18,000 warrants; The expiry date of the Compensation warrants will be reduced to a period of 21 days if, for any ten consecutive trading days during the unexpired term of the Compensation warrants (the "Premium Trading Days"), the closing price of the Common Shares listed on the TSX Venture Exchange equals or exceeds three times the exercise price of the Compensation warrants issued in the Offering. The reduced exercise period will begin seven calendar days after the tenth Premium Trading Day. |
|||
Dundee Goodman |
||||
Wealth Management |
$3,600.00 cash; 12,000 warrants; The expiry date of the Compensation warrants will be reduced to a period of 21 days if, for any ten consecutive trading days during the unexpired term of the Compensation warrants (the "Premium Trading Days"), the closing price of the Common Shares listed on the TSX Venture Exchange equals or exceeds three times the exercise price of the Compensation warrants issued in the Offering. The reduced exercise period will begin seven calendar days after the tenth Premium Trading Day. |
|||
BMO Nesbitt Burns |
$2,340.00 cash; 7,800 warrants; The expiry date of the Compensation warrants will be reduced to a period of 21 days if, for any ten consecutive trading days during the unexpired term of the Compensation warrants (the "Premium Trading Days"), the closing price of the Common Shares listed on the TSX Venture Exchange equals or exceeds three times the exercise price of the Compensation warrants issued in the Offering. The reduced exercise period will begin seven calendar days after the tenth Premium Trading Day. |
|||
RBC Dominion Securities Inc |
$3,420.00 cash; 11,400 warrants; The expiry date of the Compensation warrants will be reduced to a period of 21 days if, for any ten consecutive trading days during the unexpired term of the Compensation warrants ("Premium Trading Days"), the closing price of the Common Shares listed on the TSX Venture Exchange equals or exceeds three times the exercise price of the Compensation warrants issued in the Offering. The reduced exercise period will begin seven calendar days after the tenth Premium Trading Day. |
|||
Finder Warrant Initial Exercise Price: |
$0.315 |
|||
Finder Warrant Term to Expiry: |
24 months |
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.
________________________________________
GATEKEEPER SYSTEMS INC. ("GSI")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: August 7, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 250,000 shares at a deemed price of $0.15 per share to settle outstanding debt for $37,500.00.
Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
JACKPOT DIGITAL INC. ("JP")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: August 7, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 7,500,000 bonus warrants to two lenders in consideration of the issuance of two non-convertible debentures for loans totaling US$2,500,000. The warrants are exercisable at $0.20 for five years. If the Company's repays the debentures in full within thirty days, the exercise price of the warrants will be reduced to $0.05 per share. The Company will immediately issue a news release confirming repayment of the debentures and the automatic repricing of the warrants if applicable.
Insider Participation: |
||
Shares |
Warrants |
|
30 Rock Management Inc. (Jake Kalpakian) |
0 |
750,000 |
Please refer to the Company's news release of August 4, 2015 for further details.
________________________________________
JACKPOT DIGITAL INC. ("JP")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 7, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation of the Asset Purchase Agreement dated June 30, 2015 as amended on July 31, 2015 (the "Agreement") between Jackpot Digital Inc. (the "Company") and MultiMedia Games, Inc., ("MultiMedia"), whereby the Company will acquire the assets of the PokerTek business unit ("PokerTek") of MultiMedia, including domain names, inventory, marketing materials, patents, software, trade dress and trademarks.
In consideration for the agreement the Company will pay an aggregate of US$5,400,000 (up to an aggregate $7,500,000 with late payments); of which US$2,000,000 shall be payable on closing and issue 7,500,000 warrants, each warrant entitling the holder to purchase one common share a price of $0.20 per share for a period of 5 years from closing.
Further information is available in the Company's news release dated July 2, 2015 and August 4, 2015
CASH |
SHARES |
WARRANTS |
|
MultiMedia Games, Inc. |
up to US$7,500,000 |
0 |
7,500,000 |
________________________________________
METALEX VENTURES LTD. ("MTX")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: August 7, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposed issuance of 150,000 shares at a deemed price of $0.05 per share, in consideration of certain services provided to the Company for the quarter ending July 31, 2015, pursuant to an Amended Deferred Share Unit Plan for Lorie Waisberg dated September 13, 2013 and effective August 1, 2013.
The Company shall issue a news release when the shares are issued.
________________________________________
PREMIUM EXPLORATION Inc. ("PEM.H")
[formerly Premium Exploration Inc. ("PEM")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: August 7, 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 Monday, August 10, 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 August 10, 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 PEM to PEM.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 May 11, 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.
_______________________________________
REUNION GOLD CORPORTION ("RGD")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s, Amendment
BULLETIN DATE: August 7, 2015
TSX Venture Tier 1 Company
Further to TSX Venture Exchange bulletin dated December 10, 2013 we have accepted for filing documentation in respect to the change of maturity date to June 30, 2016. All other terms remain the same.
________________________________________
SATORI RESOURCES INC. ("BUD")
BULLETIN TYPE: Consolidation
BULLETIN DATE: August 7, 2015
TSX Venture Tier 2 Company
Pursuant to the resolution passed by shareholders on February 24, 2015, the Company has consolidated its capital on the basis of (10) ten existing common shares for (1) one new common share. The name of the Company has not been changed.
Effective at the opening on Monday, August 10, 2015, the common shares of Satori Resources Inc. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mining Exploration' company.
Post - Consolidation |
||
Capitalization: |
Unlimited |
shares with no par value of which |
6,090,350 |
shares are issued and outstanding |
|
Escrow: |
Nil |
shares |
Transfer Agent: |
Equity Financial Trust Company |
|
Trading Symbol: |
BUD (UNCHANGED) |
|
CUSIP Number: |
804031201 (NEW) |
________________________________________
SENDERO MINING CORP. ("SM.H")
[formerly Sendero Mining Corp. ("SM")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: August 7, 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 Monday, August 10, 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 August 10, 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 SM to SM.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 May 8, 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.
_______________________________________
SILVER SPRUCE RESOURCES INC. ("SSE")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: August 7, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue up to 1,200,000 common shares at a deemed price of $0.05 per share to independent directors of the Company for outstanding debt owed to 3 Non-Arms Length parties.
Number of Creditors: |
3 Creditors |
|||
Insider / Pro Group Participation: |
||||
Insider=Y / |
Amount |
Deemed Price |
||
Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
Stephan Jedynak |
Y |
$20,000 |
$0.05 |
400,000 |
Gordon Barnhill |
Y |
$20,000 |
$0.05 |
400,000 |
Kenneth MacLeod |
Y |
$20,000 |
$0.05 |
400,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
SINTANA ENERGY INC. ("SEI")
[formerly: Mobius Resources Inc. ("MBS"), Sintana Energy Inc. ("SNN")]
BULLETIN TYPE: Plan of Arrangement, Name Change
BULLETIN DATE: August 7, 2015
TSX Venture Tier 2 Company
Plan of Arrangement
Pursuant to special resolutions passed by the shareholders of Sintana Energy Inc. ("Sintana"') and Mobius Resources Inc. ("Mobius") at the annual and special meetings held by both companies on July 27, 2015, the business combination of both companies by way of a plan of arrangement (the "Arrangement") has now completed. The Arrangement was completed on August 6, 2015 pursuant to definitive agreement dated as of May 13, 2015 (the "Master Agreement") involving the amalgamation of Sintana and a wholly owned subsidiary of Mobius which resulted in the combination of the businesses of Mobius and Sintana (the "Business Combination"). As a result of the Arrangement, Mobius acquired all of the issued and outstanding common shares of Sintana ("Sintana Shares") in consideration of the issuance of 0.26316 of one common share of Mobius (each whole such common share, a "Mobius Share") for each Sintana Share so held.
The full particulars of the Arrangement are set forth in the joint information circular dated June 24, 2015 which is available under Mobius' profile on SEDAR.
Following completion of the completion of the Business Combination, effective at the opening of business on Monday, August 10, 2015, common shares of Sintana Energy Inc. under the symbol "SNN" will be delisted from TSX Venture Exchange
Name Change
Following completion of the completion of the Business Combination, effective at the opening of business on Monday, August 10, 2015, the common shares of Sintana Energy Inc. under the symbol "SEI" will commence trading on TSX Venture Exchange, and the common shares of Mobius Resources Inc. will be delisted.
Post - Arrangement: |
||
Capitalization: |
Unlimited |
shares with no par value of which |
116,866,714 |
shares are issued and outstanding |
|
Escrow: |
Nil |
shares |
Transfer Agent: |
Computershare Trust Company of Canada |
|
Trading Symbol: |
SEI (NEW) |
|
CUSIP Number: |
82938H107 (NEW) |
_________________________________________
SKYHARBOUR RESOURCES LTD. ("SYH")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: August 7, 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: |
6,250,000 |
Original Expiry Date of Warrants: |
August 14, 2015 (5,312,500 warrants); |
August 29, 2015 (937,500 warrants) |
|
New Expiry Date of Warrants: |
August 14, 2018 (5,312,500 warrants); |
August 29, 2018 (937,500 warrants) |
|
Exercise Price of Warrants: |
$0.10 |
These warrants were issued pursuant to a private placement of 6,250,000 shares with 6,250,000 share purchase warrants attached, which was accepted for filing by the Exchange effective August 9, 2013.
________________________________________
ZONE RESOURCES INC. ("ZNR.H")
[formerly Zone Resources Inc. ("ZNR")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: August 7, 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 Monday, August 10, 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 August 10, 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 ZNR to ZNR.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 May 11, 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.
_______________________________________
NEX COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: August 6, 2015
NEX Companies
A Cease Trade Order has been issued by the British Columbia Securities Commission on August 6, 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) |
||||
NRZ.H |
NEX |
Norzan Enterprises Ltd. |
annual audited financial statements |
|
as required under Part 4 of National |
||||
Instrument 51-102 Continuous Discussion |
||||
Obligations (NI 51-102) for the year |
||||
ended |
15/03/31 |
|||
a Form 51-102F1 Management's Discussion |
||||
and Analysis as required under Part 5 of |
||||
NI 51-102 for the period ending |
15/03/31 |
|||
QR.H |
NEX |
Quanta Resources Inc. |
annual audited financial statements |
|
as required under Part 4 of National |
||||
Instrument 51-102 Continuous Discussion |
||||
Obligations (NI 51-102) for the year |
||||
ended |
15/03/31 |
|||
a Form 51-102F1 Management's Discussion |
||||
and Analysis as required under Part 5 of |
||||
NI 51-102 for the period ending |
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.
________________________________________
SNOW EAGLE RESOURCES LTD. ("SEG.H")
BULLETIN TYPE: Halt
BULLETIN DATE: August 7, 2015
NEX Company
Effective at 11:21 a.m. PST, August 7, 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.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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