VANCOUVER, Sept. 17, 2015 /CNW/ -
TSX VENTURE COMPANIES
AFRICAN METALS CORPORATION ("AFR")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: September 17, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 500,000 shares at a price of $0.614 per share to settle outstanding debt for $307,000.
| Number of Creditors: |
1 Creditor |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Ridgeback Holdings Pty Ltd. |
||||
| (Nigel Ferguson) |
Y |
$307,000 |
$0.614 |
500,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
CANADA RARE EARTH CORP. ("LL")
BULLETIN TYPE: Property-Asset or Share Acquisition Agreement
BULLETIN DATE: September 17, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing an agreement between Canada Rare Earth Corp. ("Canada Rare Earth") and CEC Rare Earth Corp. ("REC") dated September 1, 2015 (the "Acquisition Agreement") pursuant to which Canada Rare Earth has agreed to acquire the assets of REC (the "REC Assets"), an affiliated private British Columbia company (the "Acquisition").
The REC Assets include but are not limited to cash, receivables, contracts, letters of intent, memorandums of understanding, consulting arrangements and rights associated with supplying expertise to many aspects of the rare earth industry together with rights to earn interests in rare earth projects.
Under the Acquisition Agreement, Canada Rare Earth will issue the following consideration for the REC Assets:
- 24,178,000 common shares, subject to an escrow agreement pursuant to which shares will be released from escrow over 18 months after issuance;
- distributions from future contract proceeds and dividends derived from the REC Assets including: (i) 5% of the first US$70 million of non-refundable gross cash collected for the implementation and execution of contracts and business arrangements and the disposition of REC Assets; (ii) for the 12 year period following closing of the Acquisition, 5% of the non-refundable gross cash collected for the implementation and execution of contracts and business arrangements and the disposition of REC Assets plus 10% of dividends derived from REC Assets ( this second royalty may be acquired by Canada Rare Earth at any time during the three years following completion of the Acquisition for US$15 million less 50% of royalties paid in this regard); and (iii) 3% of the first US$70 million of non-refundable gross cash collected for the implementation and execution of contracts and business arrangements and the disposition of REC Assets (this third royalty may be acquired by Canada Rare Earth at any time during the two years following completion of the Acquisition by the issuance of 15,712,000 common shares. Canada Rare Earth will be required to make a further filing with the Exchange at the time of any such acquisition);
- vesting of previously issued stock options to acquire 712,500 shares of Canada Rare Earth granted to REC and confirmation that such stock options together with an additional 2,137,500 stock options previously granted to REC will continue to have an original exercise term until November 8, 2017 at the original exercise price of $0.10 per share; and
- the immediate termination without penalty of the contract for REC to provide vertical integration implementation services.
Insider / Pro Group Participation: Peter Shearing is a director of both Canada Rare Earth and REC.
For further information please refer to Canada Rare Earth's news release dated September 2, 2015 which is available under Canada Rare Earth's profile on SEDAR.
________________________________________
CLEANTECH CAPITAL INC. ("YES.P")
BULLETIN TYPE: Remain Halted - Qualifying Transaction
BULLETIN DATE: September 17, 2015
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated September 14, 2015, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Qualifying Transaction pursuant to TSXV Listings Policy 2.4.
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.
________________________________________
CONSOLIDATED WOODJAM COPPER CORP. ("WCC")
BULLETIN TYPE: Property-Asset or Share Acquisition Agreement
BULLETIN DATE: September 17, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing a letter agreement dated August 13, 2015 between Consolidated Woodjam Copper Corp. ("Woodjam Copper") and Gold Fields Netherlands Services BV ("Gold Fields") (the "Agreement"), under which Woodjam Copper will purchase all of the issued and outstanding shares of Gold Fields' wholly owned subsidiary, Gold Fields Horsefly Exploration Corporation ("Gold Fields Horsefly"). Gold Fields Horsefly holds a 51% interest in a joint venture with Woodjam Copper in the Woodjam Property, which is subdivided into the Woodjam North and Woodjam South projects. The transaction will give Woodjam Copper control of 100% of the Woodjam copper-gold-molybdenum projects which are located near the community of Horsefly, approximately 45 kilometers east of Williams Lake, British Columbia.
Under the Agreement Woodjam Copper must issue 12,285,463 Woodjam Copper shares to Gold Fields to take Gold Fields' aggregate holding in the company to 19.9%. The Woodjam Copper shares held by Gold Fields shall be topped-up (to a maximum of 50,000,000 additional shares) on the third anniversary of the agreement, for no additional consideration so that Gold Fields' holding at that time remains equal to 19.9% of the then issued and outstanding shares of Woodjam Copper. The top-up will be adjusted to take into account any shares disposed of by Gold Fields over that three year period. The issuance of the top-up shares will be subject to further Exchange review and acceptance at the time issuance.
Gold Fields will furthermore have the option of maintaining its interest by participating in future share placements. Gold Fields will also retain a 2% Net Smelter Return Royalty (NSR) over all unencumbered land owned by Woodjam Copper, which may be reduced at any time to 1% by paying Gold Fields $5,000,000 in cash. An NSR of 0.5% will apply to certain encumbered claims, subject to terms and conditions. In addition, Woodjam Copper will pay Gold Fields all past accumulated refundable BC mineral exploration tax credits earned in Gold Fields Horsefly, as they are received.
Insider / Pro Group Participation: None
For further information please refer to Woodjam Copper's news release dated August 13, 2015 which is available under Woodjam Copper's profile on SEDAR.
________________________________________
DECISIVE DIVIDEND CORPORATION ("DE")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: September 17, 2015
TSX Venture Tier 2 Company
The Issuer has declared the following dividends:
| Distribution per Share: |
$0.025 |
| Payable Date: |
October 15, 2015 |
| Record Date: |
September 30, 2015 |
| Ex-dividend Date: |
September 28, 2015 |
________________________________________
GREENANGEL ENERGY CORP. ("GAE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 17, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 12, 2015:
| Number of Shares: |
5,000,000 shares |
|
| Purchase Price: |
$0.05 per share |
|
| Warrants: |
5,000,000 share purchase warrants to purchase 5,000,000 shares |
|
| Warrant Exercise Price: |
$0.06 for a two year period |
|
| Number of Placees: |
10 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Mike Volker |
Y |
1,000,000 |
| Michael Walkinshaw |
Y |
1,500,000 |
| Alan F. Werenko |
Y |
200,000 |
| Thealzel Lee |
Y |
100,000 |
| Jim Pratt |
Y |
200,000 |
The Company issued news releases on August 6, 2015 and August 21, 2015 confirming closing of the private placement. 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.
________________________________________
GREENANGEL ENERGY CORP. ("GAE")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: September 17, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 12, 2015:
| Convertible Debenture: |
$572,500 |
|
| Conversion Price: |
Convertible into 4,089,285 shares at a conversion price of $0.14 per share |
|
| Maturity date: |
Five years from date of issuance |
|
| Interest rate: |
8% per annum |
|
| Number of Placees: |
7 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
Value of Debenture |
| Mike Volker |
Y |
$50,000 |
| Michael Walkinshaw |
Y |
$150,000 |
| Alan F. Werenko |
Y |
$10,000 |
| Thealzel Lee |
Y |
$12,500 |
The Company issued a news release on August 4, 2015 confirming closing of the private placement.
________________________________________
GRENVILLE STRATEGIC ROYALTY CORP. ("GRC")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: September 17, 2015
TSX Venture Tier 2 Company
The Issuer has declared the following dividends:
| Dividend per Common Share: |
$0.00416 |
| Payable Date: |
October 15, 2015 |
| Record Date: |
September 30, 2015 |
| Ex-dividend Date: |
September 28, 2015 |
________________________________________
KEEK INC ("KEK")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: September 17, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 300,000 shares to settle outstanding debt for $60,000.
| Number of Creditors: |
1 Creditor |
| Insider / Pro Group Participation: |
None |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
LED MEDICAL DIAGNOSTICS INC. ("LMD")
BULLETIN TYPE: Halt
BULLETIN DATE: September 17, 2015
TSX Venture Tier 2 Company
Effective at 5:47 a.m. PST, September 17, 2015, trading in the shares of the Company was halted pending clarification of 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.
________________________________________
MENIKA MINING LTD. ("MML")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 17, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 16, 2015:
| Number of Shares: |
650,000 shares |
| Purchase Price: |
$0.08 per share |
| Warrants: |
650,000 share purchase warrants to purchase 650,000 shares |
| Warrant Exercise Price: |
$0.10 for a five year period |
| Number of Placees: |
1 Placee |
________________________________________
MINSUD RESOURCES CORP. ("MSR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 17, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 13, 2015:
| Number of Shares: |
18,904,775 common shares |
|
| Purchase Price: |
$0.10 per share |
|
| Warrants: |
18,904,775 share purchase warrants attached to purchase 18,904,775 shares |
|
| Warrant Exercise Price: |
$0.35 for a two year period |
|
| Number of Placees: |
16 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Compania de Terras Sud |
||
| Argentino S.A. (Diego Perazzo) |
Y |
3,600,000 |
| Carlos Alberto Massa |
Y |
250,000 |
| Alberto Francisco Orcoyen |
Y |
400,000 |
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.
________________________________________
MONTANA EXPLORATION CORP. ("MTZ")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: September 17, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 93,043,642 shares at a deemed price of $0.10 per share to convert debts of the Company in the amount of $9,304,364.
| Number of Creditors: |
3 Creditors |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Blue Sky Exploration Ltd. |
Y |
$1,559,329 |
$0.10 |
15,593,292 |
| Rioco Partners, Ltd. |
Y |
$4,378,847 |
$0.10 |
43,788,466 |
| ANG Partners, Ltd. |
Y |
$3,366,188 |
$0.10 |
33,661,884 |
| Warrants: |
None |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
MONTANA EXPLORATION CORP. ("MTZ")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: September 17, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 3,741,412 shares at a deemed price of $0.10 per share to settle certain short-term outstanding debt Gale Force Petroleum Inc., including directors' fees, trade accounts payable and severance pay, in the amount of $374,141.23.
| Number of Creditors: |
11 Creditors |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Allan Bezanson |
Y |
$58,000 |
$0.10 |
580,000 |
| Charles Marleau |
Y |
$58,000 |
$0.10 |
580,000 |
| Randy Wilkins |
Y |
$45,500 |
$0.10 |
455,000 |
| Scott Paterson |
Y |
$13,750 |
$0.10 |
137,500 |
| Don Demoss |
Y |
$35,105 |
$0.10 |
351,055 |
| CKJ Research & Consulting Inc. |
Y |
$60,000 |
$0.10 |
600,000 |
| Michael McLellan |
Y |
$30,000 |
$0.10 |
300,000 |
| Warrants: |
None |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
PEAK POSITIONING TECHNOLOGIES INC. ("PKK")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: September 17, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 704,875 common shares at a deemed issue price of $0.05 per share, to settle outstanding debts of the amount of $35,243.75.
| Number of Creditors: |
2 Creditors |
The Company announced that settlement of debt on a news release dated July 30, 2015.
LES TECHNOLOGIES PEAK POSITIONING INC. (« PKK »)
TYPE DE BULLETIN : Émission d'actions en règlement d'une dette
DATE DU BULLETIN : Le 17 septembre 2015
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation relativement à l'émission de 704 875 actions ordinaires additionnelles au prix réputé de 0,05 $ par action, l'action en règlement de dettes totalisant 35 243,75 $.
| Nombre de créanciers : |
2 créanciers |
La société a annoncé ce règlement de dette dans les communiqués de presse datés du 30 juillet 2015.
________________________________________
REVELSTOKE EQUITY INC. ("REQ.P")
BULLETIN TYPE: Remain Halted - Qualifying Transaction
BULLETIN DATE: September 17, 2015
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated September 14, 2015, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Qualifying Transaction pursuant to TSXV Listings Policy 2.4.
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.
________________________________________
RYU APPAREL INC. ("RYU")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: September 17, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 1, 2015:
| Convertible Notes: |
$600,000 |
|
| Conversion Price: |
Each note is convertible into shares at the greater of i) $0.40 per share or |
|
| ii) a 20% discount to the closing price on the Exchange on the previous |
||
| business day before the notice of conversion. |
||
| Maturity date: |
90 days from issuance |
|
| Interest rate: |
10% per annum. Unpaid and accrued interest may be paid in shares at the |
|
| current market price of shares at the time of settlement, subject to separate |
||
| Exchange approval. |
||
| Number of Placees: |
3 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
Notes |
| Alex Briglio |
Y |
$50,000 |
| Treya Klassen |
Y |
$200,000 |
| Maria Leone Holdings Inc. |
Y |
$350,000 |
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.
________________________________________
STARLIGHT U.S. MULTI-FAMILY (NO. 3) CORE FUND ("SUS.A")("SUS.U")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: September 17, 2015
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
| 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-distribution Date: |
September 28, 2015 |
________________________________________
VIDWRX INC. ("VID")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: September 17, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 3,374,294 shares to settle outstanding debt for $337,429.36.
| Number of Creditors: |
2 Creditors |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
VISIONSTATE CORP. ("VIS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 17, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 23, 2015:
| Number of Securities: |
3,082,250 units ("Units") |
|
| Each Unit comprises one common share and one common share purchase warrant |
||
| Purchase Price: |
$0.08 per Unit |
|
| Warrants: |
3,082,250 share purchase warrants to purchase 3,082,250 shares |
|
| Warrant Exercise Price: |
$0.15 for a one year period |
|
| Number of Placees: |
20 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Units |
| Perry Kinkaide |
Y |
168,750 |
| 1573596 Alberta Ltd. |
Y |
250,000 |
| 644241 Alberta Ltd. |
Y |
250,000 |
| DT Associates Financial |
||
| Counsel Inc. |
Y |
251,000 |
| Finder's Fee: |
$2,000 cash and 25,000 warrants ("Finder Warrants") payable to Leede |
|
| Financial Markets Inc. |
||
| Each Finder Warrant may be exercised for one Unit. |
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.
________________________________________
WEST HIGH YIELD (W.H.Y.) RESOURCES LTD. ("WHY")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture
BULLETIN DATE: September 17, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 14, 2015:
| Convertible Debenture: |
$25,000 |
| Conversion Price: |
Convertible into common shares at USD$0.30 per share |
| Maturity date: |
September 16, 2017 |
| Interest rate: |
12% |
| Number of Placees: |
2 Placees |
Insider / Pro Group Participation: None
________________________________________
XCITE ENERGY LIMITED ("XEL")
BULLETIN TYPE: Delist
BULLETIN DATE: September 17, 2015
TSX Venture Tier 2 Company
Effective at the close of business on Wednesday, September 30, 2015, the common shares of Xcite Energy Limited (the "Company") will be delisted from TSX Venture Exchange at the request of the Company.
The Company currently trades, and will continue to trade on, the AIM market of the London Stock Exchange.
________________________________________
NEX COMPANY
ANTLER HILL OIL & GAS LTD. ("AHO.H")
BULLETIN TYPE: Remain Halted - Qualifying Transaction
BULLETIN DATE: September 17, 2015
NEX Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated September 9, 2015, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Qualifying Transaction pursuant to TSXV Listings Policy 2.4.
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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