TSX VENTURE COMPANIES
AMADOR GOLD CORP. ("AGX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 26, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
the second and final tranche of a Non-Brokered Private Placement announced
December 18, 2009 and amended January 4, 2010:
Number of Shares: 971,250 flow-through shares
1,815,000 non-flow-through shares
Purchase Price: $0.08 per share (flow-through and non-flow-
through)
Warrants: 2,786,250 share purchase warrants to purchase
2,786,250 shares
Warrant Exercise Price: $0.10 for a two year period (flow-through units)
$0.10 in the first two years, $0.15 in the third
year and $0.20 in the fourth and fifth year
Number of Placees: 13 placees
Insider / Pro Group Participation:
Insider equals Y /
Name ProGroup equals P / No. of Shares
Giovanni Fiorino P 900,000 f/t
Ivano Veschini P 1,000,000 f/t
Diana Mark Y 62,500 nf/t
Finders' Fees: Red Plug Capital (Otis Brandon Munday) -
$2,000.00
Sylvia Ton Wang - $4,096.00
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.
TSX-X
-----------------------------
AVANTI MINING INC. ("AVT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 26, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation in connection
with a Purchase and Sale Agreement dated January 13, 2010 between the Company,
Avanti Kitsault Mine Ltd. ("Kitsault"), TA Mineral Resources Ltd. (Mercedes
Iona Buchan, Crystal Buchan and Donna Buchan, jointly, Consultants Victoria
Overseas Limited, Assaye Investments Ltd. and Audax Investments Ltd.) and
Quadra Coastal Resources Ltd. (Hugh Maddin) whereby the Company and Kitsault,
its wholly-owned subsidiary, have acquired a 100% interest in mining claims
located in northern British Columbia. The aggregate consideration is $400,000
and 5,500,000 units payable in tranches over a one year period. Each unit is
comprised of one common share and one-half a share purchase warrant that is
exercisable into common shares at $0.30 per share for a two year period.
The Vendors reserve a 1.5% net smelter returns royalty on all claims
(except for two). The Company may deducted from the NSR a 1% nets profits
royalty granted to previous owners of the property before making a NSR payment
to the Vendors. If the Company fails to make cash or unit payments as required
then it shall result in the return of all the mining claims to the Vendors.
TSX-X
-----------------------------
AZIMUT EXPLORATION INC. ("AZM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 26, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with
respect to a Non-Brokered Private Placement announced on January 5, 2010:
Number of Shares: 666,666 common shares
Purchase Price: $0.75 per common share
Warrants: 333,333 warrants to purchase 333,333 common
shares
Warrant Exercise Price: $0.95 per share for a 24-month period
Number of Placees: 1 placee
Finder's Fee: Global Resource Investment Ltd. received $15,000
in cash
The Company has confirmed the closing of the above-mentioned Private
Placement.
EXPLORATION AZIMUT INC. ("AZM")
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 26 janvier 2010
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, tel qu'annoncé le 5
janvier 2010 :
Nombre d'actions : 666 666 actions ordinaires
Prix : 0,75 $ par action ordinaire
Bons de souscription : 333 333 bons de souscription permettant de
souscrire à 333 333 actions ordinaires.
Prix d'exercice des bons : 0,95 $ par bon de souscription pour une
période de 24 mois.
Nombre de souscripteurs : 1 souscripteur
Frais d'intermédiaire : Global Resource Investment Ltd. a reçu
15 000 $ en espèces
La société a confirmé la clôture du placement privé mentionné ci-dessus.
TSX-X
-----------------------------
CAP-LINK VENTURES LTD. ("CAV")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: January 26, 2010
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 Vancouver, British
Columbia to Calgary, Alberta.
TSX-X
-----------------------------
CATHAY FOREST PRODUCTS CORP. ("CFZ")
BULLETIN TYPE: Prospectus-Share Offering, Correction
BULLETIN DATE: January 26, 2010
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange (the "Exchange") bulletin dated
January 22, 2010, the Exchange wishes to make a correction to the gross
proceeds disclosed. The gross proceeds for the offering should read as
$15,592,881, and not $15,250,000.
All other terms of the bulletin remain unchanged.
TSX-X
-----------------------------
CONWAY RESOURCES INC. ("CWY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 26, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with
respect to a Non-Brokered Private Placement announced on December 14, 2009 and
January 5, 2010:
Number of Shares: 3,555,834 flow-through common shares and 753,000
common shares
Purchase Price: $0.06 per flow-through common share and $0.05
per common share
Warrants: 4,308,834 warrants to purchase 4,308,834 common
shares
Warrants Exercise Price: $0.12 per share for a period of one year
following the closing of the Private Placement
Number of Placees: 28 placees
Insider / Pro Group Participation:
Insider equals Y /
Name Pro Group equals P Number of Shares
93617 Canada Ltée
(Marcel Bédard) P 171,667
Finder's Fee: Monique Langelier, M+D+C+B Comptables agréés
S.E.N.C. and 93617 Canada Ltée received an
aggregate amount of $23,859.90 in cash.
The Company has confirmed the closing of the above-mentioned Private
Placement.
RESSOURCES CONWAY INC. ("CWY")
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 26 janvier 2010
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, tel qu'annoncé le 14
décembre 2009 et le 5 janvier 2010 :
Nombre d'actions : 3 555 834 actions ordinaires accréditives et
753 000 actions ordinaires
Prix : 0,06 $ par action ordinaire accréditive et
0,05 $ par action ordinaire
Bons de souscription : 4 308 834 bons permettant d'acquérir
4 308 834 actions ordinaires
Prix d'exercice des bons : 0,12 $ pendant une période de un an suivant
la clôture du placement privé
Nombre de souscripteurs : 28 souscripteurs
Participation Initié / Groupe Pro :
Initié equals Y /
Nom Groupe Pro equals P Nombre d'actions
93617 Canada Ltée
(Marcel Bédard) P 171 667
Honoraires d'intermédiation : Monique Langelier, M+D+C+B Comptables
agréés S.E.N.C. et 93617 Canada Ltée ont
reçu 23 859,90 $ en espèces.
La société a confirmé la clôture du placement privé précité.
TSX-X
-----------------------------
EURASIAN MINERALS INC. ("EMX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 26, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing an agreement and plan of
merger dated January 20, 2010 (the 'Agreement') among Eurasian Minerals Inc.
(the 'Company'), Bronco Creek Exploration Inc. ('Bronco') and Bronco's
principal shareholders, pursuant to which the Company has agreed to acquire
all of the issued and outstanding share capital of Bronco. Bronco is a private
Arizona company with certain gold and copper properties located in Nevada,
Wyoming and Arizona.
The aggregate consideration payable by the Company to the former Bronco
shareholders upon completion of the acquisition is:
- 2,127,790 common shares of the Company; and
- 2,127,790 non-transferable common share purchase warrants (a
'Warrant'). Each Warrant is exercisable to purchase one additional
common share @ CDN$2.00 for a two year period.
Insider / Pro Group Participation: At the time the Agreement was signed
one of the Vendors (David Cole) was a director and President of the Company.
David Cole declared his conflict of interest in the transaction to the Company
and abstained from voting on all directors resolutions relating to the
Agreement.
Insider equals Y /
Name ProGroup equals P No. of Shares
David Cole Y 77,700 common shares &
Up to 77,700 Warrants
For further details, please refer to the Company's press release dated
October 19, 2009 available on SEDAR.
TSX-X
-----------------------------
EXCEL GOLD MINING INC. ("EGM")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: January 26, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation to extend
the expiry date of the following Warrants:
Number of Warrants: 1,350,000
Original Expiry Date of Warrants: January 25, 2010
New Expiry Date of Warrants: January 25, 2012
Exercise Price of Warrants: $0.15
These Warrants were issued pursuant to a Private Placement including a
total of 1,350,000 shares and 1,350,000 Warrants, which was accepted for
filing by TSX Venture Exchange effective on February 21, 2008.
EXCEL GOLD MINING INC. ("EGM")
TYPE DE BULLETIN : Prolongation des bons de souscription
DATE DU BULLETIN : Le 26 janvier 2010
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté les documents déposés aux fins de
prolongation de la date d'échéance des bons de souscription (les "bons")
suivants :
Nombre de bons : 1 350 000
Date initiale d'échéance des bons : Le 25 janvier 2010
Nouvelle date d'échéance des bons : Le 25 janvier 2012
Prix d'exercice des bons : 0,15 $
Ces bons ont été émis en vertu d'un placement privé comprenant 1 350 000
actions et 1 350 000 bons de souscription, tel qu'accepté par Bourse de
croissance TSX le 21 février 2008.
TSX-X
-----------------------------
GOLD SUMMIT CORPORATION ("GSM")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: January 26, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 40,000 shares to settle outstanding debt for $8,000.
Number of Creditors: 1 Creditor
The Company shall issue a news release when the shares are issued and the
debt extinguished.
TSX-X
-----------------------------
GREAT WESTERN MINERALS GROUP LTD. ("GWG")
BULLETIN TYPE: Prospectus-Unit Offering
BULLETIN DATE: January 26, 2010
TSX Venture Tier 2 Company
Effective January 21, 2010, the Company's Prospectus dated January 20,
2010 was filed with and accepted by TSX Venture Exchange, and filed with and
receipted by the Saskatchewan, Ontario, British Columbia, and Alberta
Securities Commissions, pursuant to the provisions of the Securities Acts of
each respective province.
TSX Venture Exchange has been advised that closing occurred on January 25,
2010, for gross proceeds of $8,050,000.
Agents: Pope & Company Limited
Offering: 28,750,000 Units
(Each Unit consists of one common share and one-
half of one share purchase warrant.)
Unit Price: $0.28 per Unit
Warrant Exercise
Price/Term: $0.50 per share expiring on January 25, 2015.
Agent's Fee: $563,500 and 2,012,500 Agent's Warrants
Each Agent's Warrant is exercisable for one common share at a price of
$0.28 expiring on January 25, 2012.
TSX-X
-----------------------------
KALAHARI RESOURCES INC. ("KLA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 26, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to
the second and final tranche of a Non-Brokered Private Placement announced
December 18, 2009 and amended on January 4, 2010 and January 18, 2010:
Number of Shares: 5,450,000 flow-through shares
1,350,000 non flow-through shares
Purchase Price: $0.065 per share
Warrants: 6,800,000
Warrant Exercise Price: $0.10 for a two year period
$0.15 in the third year in regards to the
warrants attached to the non flow-through shares
$0.20 for the fourth and fifth year in regards
to the warrants attached to the non flow-through
shares
Insider / Pro Group Participation:
Insider equals Y /
Name ProGroup equals P / No. of Shares
Maxwell A. Munday Y 6,450,000
Finder's Fee: $35,425 payable to Redplug Capital Inc.
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.)
TSX-X
-----------------------------
KLONDIKE GOLD CORP. ("KG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 26, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
the second and final tranche of a Non-Brokered Private Placement announced
November 24, 2009 and amended on January 5, 2010:
Number of Shares: 9,300,000 flow-through shares
1,350,000 non flow-through shares
Purchase Price: $0.05 per share
Warrants: 10,650,000 share purchase warrants to purchase
10,650,000 shares
Warrant Exercise Price: $0.10 for a two year period
$0.15 in the third year
$0.20 in the fourth year
Insider / Pro Group Participation:
Insider equals Y /
Name ProGroup equals P / No. of Shares
Hastings Management Corp.
(Richard W. Hughes) Y 9,200,000
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. (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.)
TSX-X
-----------------------------
KLONDIKE SILVER CORP. ("KS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 26, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
the second and final tranche of a Non-Brokered Private Placement announced
December 18, 2009:
Number of Shares: 1,394,500 flow-through shares
5,132,500 non flow-through shares
Purchase Price: $0.065 per share
Warrants: 7,297,000 share purchase warrants to purchase
7,297,000 shares
Warrant Exercise Price: $0.10 for a two year period
$0.15 in the third year in regards to the
warrants attached to the non flow-through shares
$0.20 for the fourth and fifth year in regards
to the warrants attached to the non flow-through
shares
Finders' Fees: $8,840 payable to Haywood Securities Inc.
$5,200 payable to Canaccord Financial Inc.
$520 payable to Frank Durant
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.)
TSX-X
-----------------------------
LONG HARBOUR CAPITAL CORP. ("LHC")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: January 26, 2010
TSX Venture Tier 2 Company
Effective at opening Wednesday, January 27, 2010, shares of the Company
will resume trading. The Company has advised that the proposed Reverse Take
Over transaction with Gatekeeper Systems Inc. has been terminated.
TSX-X
-----------------------------
NEW GLOBAL VENTURES INTERNATIONAL LTD. ("NNG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 26, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced December 11, 2009:
Number of Shares: 2,400,000 shares
Purchase Price: $0.15 per share
Warrants: 1,200,000 share purchase warrants to purchase
1,200,000 shares
Warrant Exercise Price: $0.33 for a two year period
Insider / Pro Group Participation:
Insider equals Y /
Name ProGroup equals P / No. of Shares
Bill Griffin P 100,000
Ivano Veschini P 250,000
Dominic Spooner P 500,000
Finder's Fee: $24,000 in cash payable to Bolder Investment
Partners Ltd., Vancouver, BC
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.
TSX-X
-----------------------------
PHOENIX OILFIELD HAULING INC. ("PHN")
BULLETIN TYPE: Warrant Price Amendment
BULLETIN DATE: January 26, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has consented to the reduction in the exercise price
of the following warrants:
Warrants for Bonus:
No. of Warrants: 5,000,000
Expiry Date of Warrants: September 5, 2013
Original Exercise Price of Warrants: $0.35
New Exercise Price of Warrants: $0.15
These warrants were issued pursuant to a warrant for bonus application
with 5,000,000 share purchase warrants attached, which was accepted for filing
by the Exchange effective August 11, 2008.
TSX-X
-----------------------------
PHOENIX OILFIELD HAULING INC. ("PHN")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: January 26, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 77,043,601 shares at a deemed price of $0.15 per share to settle
outstanding debt of $11,556,540. In connection with this transaction 500,000
shares were issued at a deemed price of $0.08 per share to a consultant in
rendering a fairness opinion.
Number of Creditors: 2 Creditors
Insider / Pro Group Participation:
Insider equals Y / Amount Deemed Price No. of
Creditor Progroup equals P Owing per Share Shares
Werklund Capital Corporation
(David Werklund) Y $8,820,290 $0.15 58,801,934
1222472 Alberta Ltd.
(Leo Provencher) Y $2,736,250 $0.15 18,241,667
The Company shall issue a news release when the shares are issued and the
debt extinguished.
TSX-X
-----------------------------
PHOENIX OILFIELD HAULING INC. ("PHN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 26, 2010
TSX Venture Tier 1 Company
First of Two Tranches
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced December 7, 2009 and January 6,
2010:
Number of Shares: 25,250,000 Subscription Receipts
Subscription Receipts were converted to common
shares on January 2, 2010. Each Subscription
Receipt was converted into one common share.
Purchase Price: $0.08 per Subscription Receipt
Number of Placees: 23 placees
Insider / Pro Group Participation:
Insider equals Y /
Name ProGroup equals P / No. of Receipts
Doug McCartney Y 375,000
Marty Cheyne Y 2,500,000
Katherine Provencher Y 11,250,000
Leon Provencher Y 1,250,000
Douglas Eger Y 250,000
Werklund Capital Corporation
(David Werklund) Y 4,100,000
No Finder's Fee.
TSX-X
-----------------------------
RADIANT ENERGY CORPORATION ("RDT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: January 26, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 1,107,756 shares at a deemed value of $0.05 per share to settle
outstanding debt for CDN$55,388.
Number of Creditors: 1 Creditor
For further details, please refer to the Company's news release dated
January 26, 2010.
TSX-X
-----------------------------
REG TECHNOLOGIES INC. ("RRE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 26, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced December 3, 2009:
Number of Shares: 1,012,596 shares
Purchase Price: $0.15 per share
Warrants: 1,012,596 share purchase warrants to purchase
1,012,596 shares
Warrant Exercise Price: $0.20 for a one year period
Number of Placees: 9 placees
Insider / Pro Group Participation:
Insider equals Y /
Name ProGroup equals P / No. of Shares
540330 B.C. Ltd.
(John Robertson) Y 100,000
Finders' Fees: $1,050.00 payable to Arnie Winrob
$1,040.00 payable to Cindy Broad
$800.00 payable to Monique Van Oord
$4,160.00 payable to Sue Bromberg
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.)
TSX-X
-----------------------------
RODEO CAPITAL CORP. ("RDO.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: January 26, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated December 24, 2009,
effective at the opening, January 26, 2010 trading in the shares of the
Company will remain halted pending receipt and review of acceptable
documentation regarding the Qualifying Transaction pursuant to Listings Policy
2.4.
TSX-X
-----------------------------
RYE PATCH GOLD CORP. ("RPM")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: January 26, 2010
TSX Venture Tier 1 Company
Further to the bulletins dated January 13, 2010 and January 18, 2010, TSX
Venture Exchange has accepted an amendment to a Non-Brokered Private Placement
announced December 15, 2009 and December 16, 2009. The amendment relates to
the payment of finder's fees as follows:
Finders' Fees: Axeman Resources Capital Ltd. receives 721,000
non-transferable Finder's Options which are exercisable at $0.25 for a two
year period, and comprise one common share and one-half of one
non-transferable common share purchase warrant, with each Finder's Warrant
entitling the holder thereof to purchase one common share at the price of
$0.35 for a period of 2 years from the date of issuance of the related Finders
Options.
Fraser MacKenzie receives $8,750
Global Market Development LLC receives $35,000
PI Financial Corp. receives $155,750
TSX-X
-----------------------------
SAVANT EXPLORATIONS LTD. ("SVT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 26, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement dated
January 4, 2010 between Globex Mining Enterprises Inc. ('Globex') and the
Company. The Company has acquired the option to earn a 100% interest subject
to a Gross Metal Royalty, in the Parbec Property located in Malarctic
Township, Quebec. The Company can earn its interest through cash option
payments totaling $525,000 payable over 4 years, work commitments totaling
$3,850,000 over 4 years and the issuance of 750,000 Savant common shares to
the vendor over a period of 3 years as follows:
- $25,000 and 100,000 shares within 10 days of Exchange acceptance;
- $25,000 by July 4, 2010;
- $50,000 and 200,000 shares and $350,000 of expenditures by January 4,
2011;
- $100,000 and 200,000 shares and $500,000 of expenditures by
January 4, 2012;
- $125,000 and 250,000 shares and $1,000,000 of expenditures by
January 4, 2013; and
- $200,000 and $2,000,000 of expenditures by January 4, 2014.
A gross metal royalty ('GMR') on gold production, will be payable to
Globex as follows: 1.0% GMR when gold is US$1,000 per ounce or less; 1.5% GMR
when gold is greater than US$1,000 per ounce but less than US$1,200 per ounce
and 2.0% GMR when gold is greater than US$1,200 per ounce.
TSX-X
-----------------------------
SHOREHAM RESOURCES LTD. ("SMH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 26, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced December 24, 2009:
Number of Shares: 5,499,998 flow through shares
Purchase Price: $0.30 per share
Warrants: 2,749,997 share purchase warrants to purchase
2,749,997 shares
Warrant Exercise Price: $0.40 for a one year period
$0.45 in the second year
Number of Placees: 12 placees
Finder's Fee: Limited Market Dealer Inc. receives a $47,500
finder's fee, a $20,000 due diligence fee, and
221,666 non-transferable warrants, each
exercisable at a price of $0.30 for a 24 month
period for one unit consisting of one non-flow
through share and one non-transferable warrant.
Each warrant is exercisable for one additional
share at a price of $0.40 in the first year and
at a price of $0.45 in the second year.
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.)
TSX-X
-----------------------------
SIDON INTERNATIONAL RESOURCES CORPORATION ("SD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 26, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation
pertaining to an Option Agreement dated August 31, 2009, as amended January
19, 2010 between Sidon International Resources Corporation (the 'Company') and
MGK Consulting Inc. (Jason Gigliotti) pursuant to which the Company may
acquire a 100% interest in 8 mineral claims located in Alberta. Total
consideration consists of $75,000 in cash payments, 6,000,000 shares of the
Company, and $500,000 in work expenditures as follows:
DATE CASH SHARES CUMMULATIVE
WORK EXPENDITURES
Year 1 $50,000 3,000,000 $250,000
Year 2 $25,000 3,000,000 $500,000
In addition, there is a 3% net smelter return relating to the acquisition.
The Company may purchase 1% of the net smelter return for $1,000,000.
A finder's fee of 300,000 shares in year 1 and 300,000 shares in year 2 is
payable to Fadi Rabah.
TSX-X
-----------------------------
SILVER SPRUCE RESOURCES INC. ("SSE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 26, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to the
Lobstick Property Option Agreement (the "Agreement") between Silver Spruce
Resources Inc. (the "Company") and two arm's length investors (the
"Optionors") dated October 27, 2009 wherein the Company will acquire 100%
interest in mineral licenses of two properties located in the Smallwood
Reservoir area of Labrador in the province of Newfoundland and Labrador. In
consideration, the Company will pay a total of $40,000 and 600,000 common
shares to the Optionors over two years at a deemed price of $0.065 per share,
with 200,000 common shares issued at the signing of the Agreement. The
Optionors are entitled to receive a Net Smelter Sum Royalty of 2% with 1%
buyback for a one-time payment of $1,000,000. The Company will also advance
royalty payments starting in the fourth year in the amount of $20,000 per year
until production is obtained.
This transaction was announced in the Company's press release dated
October 29, 2009.
TSX-X
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SONA RESOURCES CORP. ("SYS")
(formerly J-Pacific Gold Inc. ("JPN"))
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: January 26, 2010
TSX Venture Tier 1 Company
Pursuant to a resolution passed by shareholders December 11, 2009, the
Company has consolidated its capital on a 5 old for 1 new basis. The name of
the Company has also been changed as follows.
Effective at the opening Wednesday, January 27, 2010, the common shares of
Sona Resources Corp. will commence trading on TSX Venture Exchange, and the
common shares of J-Pacific Gold Inc. will be delisted. The Company is
classified as a 'Gold and Silver Mining' company.
Post - Consolidation
Capitalization: 20,000,000 shares with no par value of which
15,113,342 shares are issued and outstanding
Escrow: 0 shares
Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: SYS (new)
CUSIP Number: 83540Y 10 8 (new)
TSX-X
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STELMINE CANADA LTD. ("STH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 26, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced December 30, 2009:
Number of Shares: 2,352,941 flow-through common shares
Purchase Price: $0.17 per flow-through common share
Warrants: 2,352,941 warrants to purchase 2,352,941 common
shares
Warrant Exercise Price: $0.25 for a one year period following the
closing of the Private Placement and $0.35 for
the subsequent year
Number of Placees: 2 placees
Finder's Fees: Limited Market Dealer Inc. received $20,000 in
cash and 235,294 options entitling the Holder to
purchase one common share and one common share
purchase warrant (the "units") at a price of
$0.17 per unit for 24 months following the
closing of the Private Placement. Each warrant
carries the same terms as those described above.
The Company has announced the closing of the Private Placement by way of
news release.
STELMINE CANADA LTÉE. ("STH")
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 26 janvier 2010
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, tel qu'annoncé le 30
décembre 2009 :
Nombre d'actions : 2 352 941 actions ordinaires accréditives
Prix : 0,17 $ par action ordinaire accréditive
Bons de souscription : 2 352 941 bons permettant d'acquérir
2 352 941 actions ordinaires
Prix d'exercice des bons : 0,25 $ par action pendant la première année
suivant la clôture du placement privé et
0,35 $ pendant l'année subséquente.
Nombre de souscripteurs : 2 souscripteurs
Honoraires d'intermédiation : Limited Market Dealer inc. a reçu 20 000 $
en espèces et 235 294 options chacun
permettant au titulaire de souscrire à une
action ordinaire et un bon de souscription
(les "unités") au prix de 0,17 $ par unité
pendant les 24 mois suivant la clôture du
placement privé. Les bons de souscription
portent les mêmes termes que ceux décrits
ci-dessus.
La société a émis un communiqué de presse confirmant la clôture du
placement privé précité.
TSX-X
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STREAM OIL & GAS LTD. ("SKO")
BULLETIN TYPE: Company Tier Reclassification
BULLETIN DATE: January 26, 2010
TSX Venture Tier 2 Company
In accordance with Policy 2.5, the Company has met the requirements for a
Tier 1 company. Therefore, effective January 27, 2010, the Company's Tier
classification will change from Tier 2 to:
Classification
Tier 1
TSX-X
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STRIKE MINERALS INC. ("STK")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: January 26, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 120,000 shares at a deemed price of $0.10 per share to settle
outstanding debt for $12,000.
Number of Creditors: 1 Creditor
The Company shall issue a news release when the shares are issued and the
debt extinguished.
TSX-X
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SUSTAINABLE ENERGY TECHNOLOGIES LTD. ("STG")
BULLETIN TYPE: Private Placement - Brokered
BULLETIN DATE: January 26, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced December 31, 2009:
Number of Shares: 2,500,000 Shares
302 Units
Each Unit is convertible into 33,333 common
shares
Purchase Price: $0.30 per share
$10,000 per Unit
Number of Placees: 93 placees
Insider / Pro Group Participation:
Insider equals Y /
Name ProGroup equals P / No. of Shares
DHCT II Luxemboug
S.a.r.l. Y 2,500,000
Agent Fees: $31,850 cash and 106,166 Agent Warrants payable
to CIBC Wood Gundy
$29,400 cash and 97,999 Agent Warrants payable
to MGI Securities Inc.
$10,500 cash and 35,000 Agent Warrants payable
to Canaccord Capital Corporation
$10,500 cash and 35,000 Agent Warrants payable
to Canaccord Financial Inc.
$3,500 cash and 11,667 Agent Warrants payable to
National Bank Financial Inc.
$3,500 cash and 11,667 Agent Warrants payable to
D&D Securities Company
$10,500 cash and 35,000 Agent Warrants payable
to Haywood Securities Inc.
$53,200 cash and 177,332 Agent Warrants payable
to All Group Financial Services
$58,947 cash and 196,488 Agent Warrants payable
to Jennings Capital Inc.
Each Agent Warrant is exercisable for one common share at a price of $0.30
per share for up to 6 months from date of issuance.
TSX-X
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WESTERN TROY CAPITAL RESOURCES INC. ("WRY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 26, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced December 3, 2009:
Number of Shares: 4,000,000 flow through shares
Purchase Price: $0.40 per flow-through share
Warrants: 2,000,000 share purchase warrants to purchase
2,000,000 shares
Warrant Exercise Price: $0.50 in the first year
$0.60 in the second year
Number of Placees: 5 placees
Finder's Fee: $80,000 and 400,000 finder's options payable to
Limited Market Dealer Inc. Each finder's option
is exercisable into one common share and one-
half of one common share purchase warrant at a
price of $0.40 per finder option for a period of
two years. Each whole warrant is exercisable
into one common share at a price of $0.50 in the
first year and $0.60 in the second year.
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.
TSX-X
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NEX COMPANIES
AFRASIA MINERALS FIELDS INC. ("AFS.H")
BULLETIN TYPE: Halt
BULLETIN DATE: January 26, 2010
NEX Company
Effective at the opening, January 26, 2010, trading in the shares of the
Company was halted at the request of the Company, pending an announcement;
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.
TSX-X
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OCEAN PARK VENTURES CORP. ("OCP.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 26, 2010
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced December 23, 2009:
Number of Shares: 14,000,000 Subscription Receipts
Purchase Price: $0.50 per Subscription Receipt
Description: Each Subscription Receipt will automatically
convert into one unit upon completion of a COB
(see note below). Each unit comprises of one
common share and one-half warrant. Each full
warrant entitles the holder to purchase a common
share at a price of $0.75 per share for a two
year period.
If at any time from four months and one day after closing, the
volume-weighted average trading price of the Issuer's common shares on the
Exchange over a period of 20 consecutive trading days exceeds $1.00 each, then
the warrants will expire on the earlier of the expiry date of the warrants and
the date which is 30 calendar days after the issuer provides notice to the
holders of the warrants that such an event has occurred.
Note: proceeds of this private placement will be held in escrow pending
completion by the Issuer of a Change of Business ("COB") filing. The
Subscription Receipts have an expiry upon the completion of the COB or March
31, 2010. Upon completion of the COB, each Subscription Receipt will
automatically convert into one unit of the Issuer. If the COB does not close
by March 31, 2010, each subscriber will receive a refund of such subscriber's
aggregate subscription funds plus the pro-rata entitlement to the interest
earned on such amount.
Number of Placees: 136 placees
Insider / Pro Group Participation:
Insider equals Y / No. of
Name ProGroup equals P / Subscription Receipts
John Gunther P 400,000
Robert Sewchuk P 200,000
David Coolidge P 50,000
Michael Noc P 20,000
Claudia Murdock P 20,000
Fadia Rahal P 15,000
Anita Datt P 10,000
Kypriaki Norte P 14,000
Brian Paes-Braga P 5,000
Adam Vorberg P 172,000
Fred Hoffman P 40,000
William Stanimir P 100,000
Carrie Clark P 20,000
MRC Holdings Ltd.
(M. Nelson) P 80,000
Leona Nielsen P 20,000
James Oleynick P 50,000
Finders' Fees: $8,750 and 17,500 finder's warrants payable to
Jones Gable & Co.
$35,962.50 and 71,925 finder's warrants payable
to Canaccord Financial Inc.
$875 and 54,250 units and 56,000 finder's
warrants payable to PI Financial Corp.
$13,125 and 26,250 finder's warrants payable to
Jordan Capital Markets
$6,475 and 12,950 finder's warrants payable to
Blackmont Capital Inc.
$16,800 and 33,600 finder's warrants payable to
Byron Capital Markets
$2,625 and 5,250 finder's warrants payable to
Dundee Securities Corp.
$1,750 and 3,500 finder's warrants payable to
Wellington West Capital Inc.
235,725 units and 235,725 finder's warrants
payable to Belmont Capital Corp.
504,350 units and 504,350 finder's warrants
payable to Axemen Resource Capital Ltd.
11,550 units and 11,550 finder's warrants
payable to Bolder Investment Partners Ltd.
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.
TSX-X
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For further information: Market Information Services at 1-888-873-8392, or email: [email protected]
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