VANCOUVER, Sept. 16, 2015 /CNW/ -
TSX VENTURE COMPANIES
ASHBURTON VENTURES INC. ("ABR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 16, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Purchase Agreement dated August 19, 2015 between Nicholas Weiker and Platinum Capital Corp. a company beneficially owned by Jason Shull, (collectively, the "Vendors") and the Company whereby the Company will acquire a 100% interest in the Revelstoke Lithium Property located in the Revelstoke district of British Columbia. The aggregate consideration is 2,200,000 common shares.
________________________________________
BAYHORSE SILVER INC. ("BHS")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: September 16, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced August 6, 2015 and August 14, 2015:
| Convertible Debenture: |
CDN$325,000.00 (US$250,000 - 50 x US$5,000 convertible debentures) |
| Conversion Price: |
At any time after December 14, 2015 for the term of the debenture, the Placee has the option to convert the principal into 2,600,000 common shares at $0.125 per share, or, conditional upon notification by the Company of silver production, the Placee may elect to convert the principal and accrued interest into ounces of silver at a conversion rate of US$15.50 an ounce. |
| Maturity date: |
August 14, 2018 |
| Warrants |
1,000,000 warrants that are exercisable into 1,000,000 common shares at $0.25 per share for a three year period. |
| Interest rate: |
12% per annum, payable bi-annually in arrears. |
| Number of Placees: |
1 Placee |
| Additional Terms: |
The Placee is entitled to a pro-rata payment representing an aggregate of 2% of the net revenues from any silver production from the Bayhorse Silver Mine during the term of the debenture. |
| The Company may, 12 months after the date of issue, elect to redeem each US$5,000 debenture, in part or in full, at a price of US$5,600 per debenture together with payment of all accrued amounts due. |
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.
________________________________________
CANADA ZINC METALS CORP. ("CZX")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: September 16, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
Private Placement:
| # of Warrants: |
1,250,000 |
| Original Expiry Date of Warrants: |
September 16, 2015 |
| New Expiry Date of Warrants: |
September 16, 2017 |
| Exercise Price of Warrants: |
$0.40 |
These warrants were issued pursuant to a private placement of 1,250,000 shares with 1,250,000 share purchase warrants attached, which was accepted for filing by the Exchange effective September 12, 2013.
________________________________________
EQUITAS RESOURCES CORP. ("EQT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 16, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 18, 2015:
| Flow-Through Shares: |
||
| Number of FT Shares: |
17,033,200 flow through shares |
|
| Purchase Price: |
$0.10 per flow through share |
|
| Warrants: |
8,516,600 share purchase warrants to purchase 8,516,600 shares |
|
| Warrant Initial Exercise Price: |
$0.20 |
|
| Warrant Term to Expiry: |
1 Year |
|
| Non Flow-Through Shares: |
||
| Number of Non-FT Shares: |
3,160,000 non flow through shares |
|
| Purchase Price: |
$0.095 per non flow through share |
|
| Warrants: |
3,160,000 share purchase warrants to purchase 3,160,000 shares |
|
| Warrant Initial Exercise Price: |
$0.20 |
|
| Warrant Term to Expiry: |
1 Year |
|
| Number of Placees: |
62 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
Pro-Group=P |
# of Shares |
| Everett Makela |
Y |
100,000 |
| Jody Bellefleur |
Y |
85,000 |
| Zimtu Capital Corp. |
||
| David Hodge |
Y |
1,100,000 |
| Finder's Fee: |
||
| Canaccord Genuity Corp. |
$2,348.40 cash; 24,720 warrants |
|
| Delbrook Capital Advisors Inc. |
$74,825.60 cash; 748,256 warrants |
|
| EMD Financial Inc. |
$38,400.00 cash; 384,000 warrants |
|
| Finder Warrant Initial Exercise Price: |
$0.20 |
|
| Finder Warrant Term to Expiry: |
12 months from closing |
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.
________________________________________
GOLDEN HOPE MINES LIMITED ("GNH")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 16, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to the Mineral Property Purchase Agreement made as of July 2, 2015 (the "Agreement"), between the Company, and Michael Dehn, Bruce Duncan and Glen Hector Wylie (collectively, the "Vendors"), pursuant to which the Company will acquire from the Vendors a 100% interest in a certain mineral claims located in the area of its Bellechasse-Timmins Gold Deposit in Quebec, Canada.
Under the terms of the Agreement, the Company will make an aggregate cash payment of $1000 and issue an aggregate of 500,000 common shares to the Vendors.
For further details, please refer to the Company's news release dated July 2, 2015.
________________________________________
IFABRIC CORP. ("IFA")
BULLETIN TYPE: Graduation
BULLETIN DATE: September 16, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has been advised that the Company's shares will be listed and commence trading on Toronto Stock Exchange at the opening on Friday, September 18, 2015, under the symbol "IFA".
As a result of this Graduation, there will be no further trading under the symbol "IFA" on TSX Venture Exchange after market close on Thursday, September 17, 2015, and its shares will be delisted from TSX Venture Exchange at the commencement of trading on Toronto Stock Exchange.
________________________________________
IOU FINANCIAL INC. ("IOU")
BULLETIN TYPE: Share Purchase Offer – Trading and Settlement Rules
BULLETIN DATE: September 16, 2015
TSX Venture Tier 2 Company
Trading and Settlement Rules – September 22, 2015
Qwave Capital LLC (the "Offeror") has made an offer dated June 25, 2015 to purchase 34,000,000 common shares (the "Common Shares") of IOU Financial Inc. ("IOU") at a price of $0.50 per Common Share in cash (the "Offer"). The Common Shares subject to the Offer represent approximately 55.3% of the outstanding Common Shares as at the date of the Offer and 50.7% of the Common Shares as at the date of the Offer on a fully-diluted basis. The offer (as extended) will expire at 5:00 p.m. (Eastern time) on September 22, 2015 (the "Expiry Time"), unless withdrawn or extended.
The Offeror will have the right to withdraw the Offer and not take up and pay for any Common Share deposited under the Offer unless the conditions set out in the Offer are satisfied or waived by the Offeror prior to the Expiry Time, including the condition that there shall have been validly deposited under the Offer and not withdrawn, that number of Common Shares which, when combined with any Common Shares then held by the Offeror and its affiliates, represents not less than a majority of the outstanding Common Shares at the Expiry Time, on a fully-diluted basis. Reference should be made to the Offer for full details of the conditions of the Offer.
Shareholders who wish to accept the offer must properly complete and duly execute the Letter of Transmittal and deposit it, together with certificates representing their Common Shares, at the offices of Laurel Hill Advisory Group (the "Depositary") in Toronto so as to be received at the latest on the Expiry Time. Alternatively, a holder of Common Shares who wishes to deposit Common Shares and whose certificates for such Common Shares are not immediately available may deposit certificates representing such Common Shares by following the procedures for guaranteed delivery set forth in the offer.
Mandatory Trading and Settlement Rules
The Trading and Settlement Rules described below will apply.
Purchasers may tender the Common Shares purchased providing that such purchases are executed on or before September 22, 2015 and providing that, when applicable, the notice of guaranteed delivery (the "Notice") is completed and filed with the Depositary on or before September 22, 2015.
Sellers of the Common Shares must be in a position to deliver such Common Shares in time for the purchaser either to tender the Common Shares on or before September 22, 2015 or to meet the third day delivery deadline on any Notice that may have been filed by the purchaser.
Notice of Guaranteed Delivery - Settlement Procedure
The Notice must be completed and received by the Depositary on or prior to the Expiry Time. The Letter of Transmittal along with the Common Shares pertaining to the Notice must be received by the Depositary in Toronto on or prior to 5:00 p.m. (Eastern time) on the third TSX Venture Exchange trading day after the Expiry Time.
Mandatory Trading and Settlement Rules:
- All trades on September 21, 2015, will be for Regular Settlement; and
- All Trades on September 22, 2015, will be for Special Two-day Settlement on September 24, 2015. These trades will appear on the CDS Settlement Report and will be recorded with a settlement date of September 24, 2015.
Investors should contact their broker for information or advice on their investment.
FINANCIERE IOU INC. (" IOU ")
TYPE DE BULLETIN : Offre d'achat d'actions – Règles pour la négociation et le règlement
DATE DU BULLETIN : Le 16 septembre 2015
Société du groupe 2 de TSX Croissance
Règlement pour la négociation et le règlement – le 22 septembre 2015
Qwave Capital LLC (l'« initiateur ») a fait une offre en date du 25 juin 2015, afin d'acheter 34 000 000 d'actions ordinaires de Financière IOU Inc. (« IOU »), au prix de 0,50 $ en espèces par action ordinaire d'IOU (« l'offre »). Les actions ordinaires visées par l'offre représentent environ 55,3 % des actions ordinaires en circulation à la date de l'offre et 50,7 % des actions ordinaires à la date de l'offre, après dilution. L'offre (telle que prolongée) expirera à 17h00 (heure de l'Est) le 22 septembre 2015 (le « moment d'expiration), à moins qu'elle ne soit retirée ou prolongée.
L'initiateur a le droit de retirer l'offre ou d'y mettre fin et de ne pas prendre livraison et effectuer le règlement des parts déposées en réponse à l'offre à moins que toutes les conditions décrites à l'offre aient été respectées ou que l'initiateur y ait renoncé au plus tard au moment d'expiration dont notamment qu'à l'heure d'expiration, un nombre d'actions ordinaires qui, lorsqu'elles sont ajoutées aux actions ordinaires que détiennent alors Qwave et les membres de son groupe, représentent au moins une majorité d'actions ordinaires alors en circulation à l'heure d'expiration, après dilution, doivent avoir été dûment déposées en réponse à l'offre et leur dépôt ne doit pas avoir été révoqué.
Les détenteurs d'actions ordinaires qui souhaitent accepter l'offre doivent remplir correctement et dûment signer la lettre de transmission et la déposer, avec les certificats représentant leurs actions ordinaires, aux bureaux de Laurel Hill Advisory Group (le « dépositaire ») à Toronto de façon à ce qu'elle soit reçue au plus tard au moment d'expiration. Autrement, un détenteur qui souhaite déposer des actions ordinaires mais qui ne peut obtenir immédiatement les certificats peut déposer les certificats représentant ses actions ordinaires en suivant la procédure de livraison garantie présentée à l'offre.
Règles obligatoires pour la négociation et le règlement:
Les règles suivantes pour la négociation et le règlement s'appliqueront.
Les acheteurs peuvent déposer les actions ordinaires achetées dans la mesure où les achats sont complétés le ou avant le 22 septembre 2015 et que l'avis de livraison garantie (l'« avis ») est complété et déposé auprès du dépositaire le ou avant le 22 septembre 2015.
Les vendeurs de parts doivent être en mesure de livrer leurs actions ordinaires à temps pour déposer les actions ordinaires le ou avant le 22 septembre 2015 ou rencontrer le délai de livraison de trois jours pour tout avis qui pourrait être déposé par l'acheteur.
Procédure de règlement pour avis de livraison garantie
L'avis doit être complété et reçu par le dépositaire au plus tard au moment d'expiration. La lettre d'envoi ainsi que les actions visées par l'avis doivent être reçus par le dépositaire à Toronto au plus tard à 17 h (heure de l'Est) le troisième jour ouvrable suivant le moment d'expiration.
Règles de négociation et de règlement :
- Toutes les transactions du 21 septembre 2015 feront l'objet d'un règlement normal; et
- Toutes les transactions du 22 septembre 2015 feront l'objet d'un règlement spécial de deux jours le 24 septembre 2015. Ces transactions apparaîtront sur le rapport de règlement de la CDS et seront inscrites avec une date de règlement du 24 septembre 2015.
Les investisseurs devraient communiquer avec leur courtier pour obtenir de l'information ou des conseils au sujet de leur investissement.
______________________________________
JEMI FIBRE CORP. ("JFI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 16, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a share purchase agreement (the "Agreement") between Jemi Fibre Corp (the "Company") and RGM Holdings Ltd ("RGM"), Jacob Blackmore ("Blackmore") and Bond Ventures Ltd. ("Corporation") whereby the Company can acquire a 100% interest in the Corporation (the "Property"). RGM and Blackmore (collectively, the "Vendors") own 51% and 49% of the Corporation collectively.
In order to acquire the Corporation, the Company has paid an aggregate total of $160,000 cash pursuant to a demand promissory note between the Vendors and the Company.
________________________________________
MAJESCOR RESOURCES INC. ("MJX")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: September 16, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to the Company's redemption of 740,210 common shares of Société Minière du Nord-Est ("SOMINE") held by the Company's wholly owned subsidiary SIMACT Alliance Copper-Gold Inc. ("SACG") in consideration of 2% royalty on each of the two Mining Exploration Permits held by SOMINE.
After the redemption of the SOMINE shares, SACG will maintain 40,000 of the 263,274 remaining common shares of SOMINE.
For further information, please refer to the Company's news release dated September 2, 2015.
RESSOURCES MAJESCOR INC. (« MJX »)
TYPE DE BULLETIN : Convention de vente d'actif ou convention de vente d'actions
DATE DU BULLETIN : Le 16 septembre 2015
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents relativement au rachat de 740 210 actions ordinaires de la Société Minière du Nord-Est (« SOMINE ») détenu par SIMACT Alliance Copper-Gold Inc. (« SACG »), une filiale en propriété exclusive de la Société, en considération d'une royauté de 2% sur chaque des deux permis d'exploration minière détenues par SOMINE.
Après le rachat des actions de SOMINE, SACG maintiendra 40 000 des 263 274 actions ordinaires restantes de SOMINE.
Pour de plus amples informations, veuillez vous référer au communiqué de presse émis par la société le 2 septembre 2015.
________________________________________
METALLIS RESOURCES INC. ("MTS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 16, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the First Tranche of a Non-Brokered Private Placement announced September 14, 2015:
| Number of Shares: |
450,000 shares |
| Purchase Price: |
$0.07 per share |
| Warrants: |
450,000 share purchase warrants to purchase 450,000 shares |
| Warrant Exercise Price: |
$0.085 for a two year period, with an acceleration clause |
| Number of Placees: |
4 Placees |
| Finder's Fee: |
Gordon Lam Consulting Inc. $1,575.00 cash payable. |
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.]
________________________________________
PURE ENERGY MINERALS LIMITED ("PE")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 16, 2015
TSX Venture Tier 2 Company
Effective at 7:00 a.m., PST, September 16, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
STARLIGHT U.S. MULTI-FAMILY (NO. 4) CORE FUND ("SUF.A")("SUF.U")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: September 15, 2015
TSX Venture Tier 1 Company
The Issuer has declared the following distributions:
| Distribution per Cl A: |
CDN$0.05833 |
| Distribution per Cl U: |
US$0.05833 |
| Payable Date: |
October 15, 2015 |
| Record Date: |
September 30, 2015 |
| Ex-dividend Date: |
September 28, 2015 |
________________________________________
STRIKEPOINT GOLD INC. ("SKP")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: September 16, 2015
TSX Venture Tier 2 Company
Pursuant to Policy 1.2, TSX Venture Exchange has been advised of, and accepted the change of the Filing and Regional Office from Calgary to Vancouver.
________________________________________
TRANSEASTERN POWER TRUST ("TEP.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: September 15, 2015
TSX Venture Tier 2 Company
The Issuer has declared the following distribution:
| Distribution per Unit: |
$0.021875 |
| Payable Date: |
October 15, 2015 |
| Record Date: |
September 28, 2015 |
| Ex-distribution Date: |
September 24, 2015 |
________________________________________
TAKARA RESOURCES INC. ("TKK")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 16, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Share Purchase Agreement (the "Agreement"), dated April 13, 2015 and further amended on May 4, 2015, between Takara Resources Inc. (the "Company") and Gold Bullion Development Corp. – a TSXV listed company (the "Vendor"), whereby the Company has acquired all of the issued and outstanding shares of Castle Silver Mines Inc. ("CSM"), a wholly-owned subsidiary of the Vendor. CSM owns a 100% interest in the 3,300-hectare Castle Silver mine property, a past silver producer located near the Northern Ontario community of Gowganda.
Under the terms of the Agreement, the Company will issue an aggregate of 10,000,000 units in four equal installments of 2,500,000 units per year over a three year period, with the first issuance occurring on closing. Each unit consists of one common share and one common share purchase warrant, each exercisable into one common share at $0.10 for a one year period.
For further details, please refer to the Company's news releases dated April 13, 2015, May 4, 2015, and September 15, 2015.
________________________________________
ULTRA LITHIUM INC. ("ULI")
BULLETIN TYPE: Consolidation
BULLETIN DATE: September 16, 2015
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by directors on April 23, 2015, the Company has consolidated its capital on a ten (10) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening on Friday, September 18, 2015, the common shares of Ultra Lithium Inc. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration/Development' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 23,262,251 |
shares are issued and outstanding |
|
| Escrow |
Nil |
shares |
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
ULI |
(UNCHANGED) |
| CUSIP Number: |
90388B 20 7 |
(NEW) |
________________________________________
NEX COMPANIES
SILVER SHIELD RESOURCES CORP. ("SSR.H")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: September 16, 2015
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 828,625 shares at a deemed price of $0.10 per share to settle outstanding debt for $82,862.50.
| Number of Creditors: |
10 Creditors |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Steve Mlot |
Y |
$11,500.00 |
$0.10 |
115,000 |
| Northern Nickle Mining Inc. |
||||
| (Steve Mlot, Tim Towers) |
Y |
$1,126.50 |
$0.10 |
11,265 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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