VANCOUVER, Sept. 25, 2015 /CNW/ -
TSX VENTURE COMPANIES
ALPHA EXPLORATION INC. ("AEX")
BULLETIN TYPE: Halt
BULLETIN DATE: September 25, 2015
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, September 25, 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.
________________________________________
BAYHORSE SILVER INC. ("BHS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 25, 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:
| Number of Shares: |
2,000,000 shares |
||
| Purchase Price: |
$0.06 per share |
||
| Warrants: |
2,000,000 share purchase warrants to purchase 2,000,000 shares |
||
| Warrant Initial Exercise Price: |
$0.10 |
||
| Warrant Term to Expiry: |
2 Years |
||
| Number of Placees: |
2 Placees |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / |
|||
| Name |
Pro-Group=P |
# of Shares |
|
| Graeme O'Neill |
Y |
800,000 |
|
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.
________________________________________
CARUBE COPPER CORP ("CUC")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: September 25, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 605,882 shares to settle outstanding debt for $103,000.
| Number of Creditors: |
3 Creditors |
||||
| Insider / Pro Group Participation: |
|||||
| Insider=Y / |
Amount |
Deemed Price |
|||
| Creditor |
Progroup= |
Owing |
per Share |
# of Shares |
|
| John McNeice |
Y |
$17,000 |
$0.17 |
100,000 |
|
| JSA International Geoconsulting Ltd. |
Y |
$40,000 |
$0.17 |
235,294 |
|
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
CHILEAN METALS INC. ("CMX")
BULLETIN TYPE: Halt
BULLETIN DATE: September 25, 2015
TSX Venture Tier 2 Company
Effective at 6:34 a.m. PST, September 25, 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.
________________________________________
CHILEAN METALS INC. ("CMX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 25, 2015
TSX Venture Tier 2 Company
Effective at 8:15 a.m., PST, September 25, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
CRICKET MEDIA GROUP LTD. ("CKT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: September 25, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue US$250,000 convertible debentures to settle outstanding debt for US$250,000.
| Conversion Price: |
Convertible into up to 1,000,000 voting and/or restricted voting common shares at US$0.25 |
|||
| Maturity date: |
April 30, 2016 |
|||
| Interest rate: |
5% per annum |
|||
| Number of Creditors: |
1 Creditor |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
Amount of |
|
| Creditor |
Progroup=P |
Owing |
per Share |
Conv Deb |
| ZG Ventures, LLC |
Y |
US$250,000 |
N/A |
US$250,000 |
| (Miles Gilburne and Nina Zolt) |
||||
The Company shall issue a news release when the security is issued and the debt extinguished.
________________________________________
FIRST GROWTH HOLDINGS LTD. ("FGH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 25, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 3, 2015:
| Number of Shares: |
2,000,000 shares |
||
| Purchase Price: |
$0.11 per share |
||
| Warrants: |
2,000,000 share purchase warrants to purchase 2,000,000 shares |
||
| Warrant Exercise Price: |
$0.15 for a two year period |
||
| Number of Placees: |
2 Placees |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / |
|||
| Name |
ProGroup=P |
# of Shares |
|
| Stone Ledge Holdings Ltd. (Ronald Cox) |
Y |
1,000,000 |
|
________________________________________
JET GOLD CORP. ("JAU")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 25, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an earn-in agreement (the "Earn-In Agreement") dated August 4, 2015 between the Jet Gold Corp. (the "Company") and Kin Resources Inc. ("Kin"). The Earn-In Agreement gives the Company an option to acquire 50% interest in the Lorn Mineral claim in British Columbia (the "Property"). The Property is subject to a 3% Net Smelter Returns.
In order to earn the option to acquire a 50% interest in the Property, the Company must make a total payment of $65,000 cash over 3 years, issue a total of 2,053,500 shares and spend CDN$1,210,000 in exploration expenditures within a 3 year period and complete an NI 43-101 report on the property by December 31, 2015.
For further information, please see the Company's news release dated August 7, 2015 and September 25, 2015.
________________________________________
LUPAKA GOLD CORP. ("LPK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 25, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 21, 2015:
| Number of Shares: |
8,607,281 shares |
|||
| Purchase Price: |
$0.07 per share |
|||
| Warrants: |
8,607,281 share purchase warrants to purchase 8,607,281 shares |
|||
| Warrant Initial Exercise Price: |
$0.15 |
|||
| Warrant Term to Expiry: |
3 Years |
|||
| Number of Placees: |
21 Placees |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
||||
| Pro-Group=P |
# of Shares |
|||
| Name |
Y |
545,857 |
||
| Eric Edwards |
Y |
500,000 |
||
| Darryl Jones |
Y |
357,142 |
||
| Gordon Ellis |
Y |
428,571 |
||
| Geoffrey Courtnall |
P |
100,001 |
||
| Aggregate Pro-Group Involvement |
||||
| [2 Placees] |
||||
| Finder's Fee: |
||||
| CIBC World Markets |
48,000 shares |
|||
| Haywood Securities Inc. |
162,857 shares |
|||
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.
________________________________________
NEVADA EXPLORATIONS INC. ("NGE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 25, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 10, 2015:
| Number of Shares: |
14,100,000 shares |
|||
| Purchase Price: |
$0.05 per share |
|||
| Warrants: |
14,100,000 share purchase warrants to purchase 14,100,000 shares |
|||
| Warrant Exercise Price: |
$0.10 for a three year period |
|||
| Number of Placees: |
31 Placees |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
||||
| Name |
ProGroup=P |
# of Shares |
||
| Kenneth N. Tullar |
Y |
250,000 |
||
| Benjamin Leboe |
Y |
200,000 |
||
| Dennis Higgs |
Y |
4,000,000 |
||
| Darcy Higgs (ITF for Jessica Higgs) |
Y |
1,000,000 |
||
| Darcy Higgs (ITF for Danielle Higgs) |
Y |
1,000,000 |
||
| Darcy Higgs |
Y |
1,600,000 |
||
| Cyrus Driver |
Y |
150,000 |
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| Aggregate Pro Group Involvement |
P |
700,000 |
||
| [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.]
________________________________________
NIGHTINGALE INFORMATIX CORPORATION ("NGH")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s\
BULLETIN DATE: September 25, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 20, 2015:
| Convertible Debenture |
$2,100,000 |
||
| Conversion Price |
Convertible into shares at $0.085 of principal outstanding per share until maturity |
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| Maturity Date |
December 31, 2016 |
||
| Interest Rate |
12% |
||
| Warrants |
7,776,000 detachable warrants to purchase 7,776,000 shares |
||
| Warrant Exercise Price |
$0.085 until December 31, 2016 |
||
| Number of Placees: |
1 Placee |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / |
|||
| Name |
ProGroup=P |
Amount |
|
| Optimum Marketing & Merchandising Services Ltd. |
Y |
$2,100,000 |
|
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.
________________________________________
OREX MINERALS INC. ("REX")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: September 25, 2015
TSX Venture Tier 2 Company
Pursuant to a special resolution passed on September 23, 2015, the securityholders of Orex Minerals Inc. (the "Company") completed a plan of arrangement (the "Arrangement") under Section 288 of the Business Corporations Act (British Columbia). The Arrangement, among other things, was completed at 12:01am on September 25, 2015. Under the Arrangment, the Company: (i) completed a spin-out of its 45% interest in Gunnarn Mining AB ("Gunnarn"), the corporate entity which owns a 100% of the Barsele Gold Project in Sweden into a newly listed Company ("Spinco"); and (ii) retained all its other mineral assets including the Los Crestones Project (option to earn a 100% interest). The Sandra Escobar Project (option to earn a 65% interest), and the Coneto property (100% ownership) in Mexico and the Jumping Josephine Project in B.C., Canada (100% ownership), (collectively, the "Orex Properties"). Under the Arrangement, Company shareholders received shares in Spinco on a 1:1 basis.
| Post - Arrangement: |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 103,290,199 |
shares are issued and outstanding |
|
| Escrow: |
Nil |
shares |
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
REX (UNCHANGED) |
|
| CUSIP Number: |
68616X100 (NEW) |
For further information, please see the Company's information circular dated August 21, 2015 filed on SEDAR.
________________________________________
PHARMACAN CAPITAL CORP. ("MJN")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: September 25, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a Share Purchase Agreement (the "Agreement") dated August 21, 2015 among an arm's length purchaser (the "Purchaser") and PharmaCan Capital Corp. (the "Company"). Pursuant to the Agreement, the Company shall effectively dispose of up to an 80% interest in its subsidiary, In The Zone Product Ltd. ("ITZ") as part of a strategic partnership with the Purchasers to develop and expand its medicinal marijuana operations located in Okanagan Valley, British Columbia.
In consideration for the disposition of up to 80% interest, the Company shall initially receive $3,000,000 and a further $1,000,000 upon the occurrence of certain milestones. In addition, the Purchaser shall fully acquire the 80% interest upon spending $20,000,000 on a production facility and achieving certain milestones. As a result, the Purchasers shall hold an 80% interest and the Company shall hold a 20% in ITZ.
For more information please refer to the Company's news release dated April 23, 2015 and August 25, 2015.
________________________________________
REDZONE RESOURCES LTD. ("REZ")
BULLETIN TYPE: Consolidation
BULLETIN DATE: September 25, 2015
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders September 10, 2015, the Company has consolidated its capital on a 10 (ten) old for 1 (one) new basis. The name of the Company has not been changed.
Effective at the opening on Monday, September 28, 2015, the common shares of Redzone Resources Ltd. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mining, Exploration/Development' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 5,065,147 |
shares are issued and outstanding |
|
| Escrow |
Nil |
shares are subject to escrow |
| Transfer Agent: |
Computershare Investor Services Inc. |
|
| Trading Symbol: |
REZ (UNCHANGED) |
|
| CUSIP Number: |
758107205 (NEW) |
________________________________________
SPOT COFFEE (CANADA) LTD. ("SPP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 25, 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 Shares: |
7,500,000 shares |
| Purchase Price: |
$0.05 per share |
| Warrants: |
3,750,000 share purchase warrants to purchase 3,750,000 shares |
| Warrant Exercise Price: |
$0.075 for a four year period |
| Number of Placees: |
10 Placees |
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.
For further details, please refer to the Company's news release dated July 23, 2015.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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