VANCOUVER, March 4 /CNW/ -
TSX VENTURE COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: March 4, 2010
TSX Venture Tier 1 Company
A Cease Trade Order has been issued by the Autorité des marchés financiers
on March 4, 2010, against the following Company for failing to file the
document indicated within the required time period:
Period
Ending
Symbol Company Failure to File (Y/M/D)
("XLT") ExelTech Aerospace Inc. Quarterly Financial 09/12/31
Statements
Upon revocation of the Cease Trade Order, the Company's shares will remain
suspended until the Company meets TSX Venture Exchange requirements. Members
are prohibited from trading in the securities of the Company during the period
of the suspension or until further notice.
TYPE DE BULLETIN : Interdiction d'opérations sur valeurs
DATE DU BULLETIN : Le 4 mars 2010
Société du groupe 1 de TSX Croissance
Une interdiction d'opérations sur valeurs a été émise le 4 mars 2010 par
l'Autorité des marchés financiers envers la société suivante pour défaut de
déposer le document indiqué dans la période prescrite :
Période se
terminant
Symbole Société Défaut de déposer (A/M/J)
("XLT") ExelTech Aérospatiale inc. États financiers 09/12/31
intermédiaires
Suite à l'interdiction d'opérations sur valeurs, la négociation des titres
de la société demeurera suspendue jusqu'à ce que la société réponde aux normes
de Bourse de croissance TSX. Il est interdit aux membres de transiger les
titres de la société durant la période de suspension ou jusqu'à un avis
ultérieur.
TSX-X
-----------------------------
ALIX RESOURCES CORP. ("AIX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 4, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Agreement of Sale dated
January 22, 2010 between the Company and Ken Smith whereby the Company has
acquired 5 mineral interest applications known as the Pivert / Rose Property
located in the James Bay Mining District of Quebec. The aggregate
consideration is $50,000 and 2,000,000 common shares.
TSX-X
-----------------------------
BLING CAPITAL CORP. ("BLI.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: March 4, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated March 4, 2010, effective at
11:00 a.m., PST, March 4, 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
-----------------------------
FIBER OPTIC SYSTEMS TECHNOLOGY, INC. ("FOX")
BULLETIN TYPE: Warrant Price Amendment, Warrant Term Extension
BULLETIN DATE: March 4, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the reduction in the exercise price
and the extension in the expiry date of the following warrants:
Private Placement:
No. of Warrants: 5,206,999
Original Expiry Date of Warrants: March 5, 2010
New Expiry Date of Warrants: March 5, 2013
Original Exercise Price of Warrants: $0.50
New Exercise Price of Warrants: 1) $0.10 until March 5, 2011
2) $0.15 from March 6, 2011 until
March 5, 2012
3) $0.20 from March 6, 2012 until
March 5, 2013
Forced Exercise Provision: If the closing price for the
Company's shares is (per above):
1) $0.13
2) $0.20
3) $0.265
or greater for a period of 10
consecutive trading days, then the
warrant holders will have 30 days to
exercise their warrants; otherwise
the warrants will expire on the 31st
day.
These warrants were issued pursuant to a private placement of 10,414,000
shares with 5,206,999 share purchase warrants attached, which was accepted for
filing by the Exchange effective March 25, 2008.
TSX-X
-----------------------------
LONCOR RESOURCES INC. ("LN")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: March 4, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced February 9, 2010:
Number of Shares: 12,166,500 shares
Purchase Price: $1.25 per share
Warrants: 6,083,250 share purchase warrants to purchase
6,083,250 shares
Warrant Exercise Price: $1.45 for a two year period
Number of Placees: 20 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Arnold Kondrat Y 160,000
Kevin Reid P 30,000
David Wargo P 30,000
Simon Village Y 160,000
Agent's Fee: an aggregate of $612,487.50, plus 489,990
compensation options, each exercisable at a
price of $1.35 for a period of two years into
one common share and one-half of one warrant
(exercisable into one share at a price of $1.45
for a period of two years), payable to GMP
Securities L.P., CI Capital Markets Inc. and
Salman Partners Inc.
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). 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
-----------------------------
MBMI RESOURCES INC. ("MBR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 4, 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
January 29, 2010:
Number of Shares: 1,775,000 shares
Purchase Price: $0.20 per share
Warrants: 1,775,000 share purchase warrants to purchase
1,775,000 shares
Warrant Exercise Price: $0.30 for a three year period
Number of Placees: 25 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P No. of Shares
Doug Beck P 100,000
Glenn Taggart P 50,000
Finders' Fees: $14,000 cash payable to Keith Wallace
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
-----------------------------
NORTH ATLANTIC RESOURCES LTD. ("NAC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 4, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced February 3, 2010:
Number of Shares: 8,999,666 shares
Purchase Price: $0.15 per share
Warrants: 8,999,666 share purchase warrants to purchase
8,999,666 shares
Warrant Exercise Price: $0.25 until August 24, 2011
Number of Placees: 24 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Robert Sali P 800,000
Tracy Dabbs P 160,000
Inderjit Shoker P 33,000
David Lyall P 200,000
Finder's Fee: An aggregate of CDN$94,496 in cash and 809,929
finders' warrants payable to Integral Wealth
Securities Limited, Trimark Capital Limited, and
Charles and Quinn. Each finder's warrant
entitles the holder to acquire one unit at $0.15
until August 24, 2011.
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
February 25, 2010.
TSX-X
-----------------------------
PARK LAWN INCOME TRUST ("PLC.UN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 4, 2010
TSX Venture Tier 1 Company
Effective at 8:30 a.m. PST, March 4, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.
TSX-X
-----------------------------
PELE MOUNTAIN RESOURCES INC. ("GEM")
BULLETIN TYPE: Halt
BULLETIN DATE: March 4, 2010
TSX Venture Tier 2 Company
Effective at 6:28 a.m. PST, March 4, 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
-----------------------------
PELE MOUNTAIN RESOURCES INC. ("GEM")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 4, 2010
TSX Venture Tier 2 Company
Effective at 8:30 a.m. PST, March 4, 2010, shares of the Company resumed
trading, an announcement having been made over Marketwire.
TSX-X
-----------------------------
RAINY MOUNTAIN ROYALTY CORP. ("RMO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 4, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced September 24, 2009 and November 10,
2009:
Number of Shares: 3,750,000 shares
Purchase Price: $0.10 per share
Number of Placees: 1 placee
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).
TSX-X
-----------------------------
RICHARDS OIL & GAS LIMITED ("RIX")
BULLETIN TYPE: Halt
BULLETIN DATE: March 4, 2010
TSX Venture Tier 2 Company
Effective at 8:47 a.m. PST, March 4, 2010, trading in the shares of the
Company was halted for failure to maintain a transfer agent; 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
-----------------------------
ROUTE1 INC. ("ROI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 4, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced February 26, 2010:
Number of Shares: 38,000,000 shares
Purchase Price: $0.05 per share
Warrants: 38,000,000 share purchase warrants to purchase
38,000,000 shares
Warrant Exercise Price: $0.15 for a five year period
Number of Placees: 20 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Tony Busseri Y 400,000
Peter Chodos Y 500,000
Michael Doolan Y 1,000,000
Graham Saunders P 1,000,000
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).
TSX-X
-----------------------------
SHOREHAM RESOURCES LTD. ("SMH")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 4, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation
pertaining to a property option agreement dated August 15, 2009 between
Shoreham Resources Ltd. (the 'Company') and Case Development Company Ltd.
(Frederick Hamley Case), and subsequently amended on March 4, 2010, pursuant
to which the Company has an option to acquire a 100% interest in 14 medium
scale property permits located in north-western Guyana, known as the Five Star
Gold Property. The total consideration consists of US$85,000 in cash payments,
400,000 shares of the Company, and US$20,000 in permit renewal fees as
follows:
DATE CASH SHARES OTHER COMMITMENTS
Year 1 US$25,000 175,000 US$20,000 permit renewal fee
Year 2 US$20,000 75,000
Year 3 US$20,000 75,000
Year 4 US$20,000 75,000
In addition, there is a 3% net smelter return relating to the acquisition.
The Company may, at any time prior to the commencement of commercial
production, purchase 3% of the net smelter return for USD$3,000,000 in order
to reduce the total net smelter return to 0%, representing US$1,000,000 for
each percentage point of the royalty.
A finder's fee of US$5,000 and 40,000 shares is payable to Dominik
O'Sullivan (20,000 shares in Year 2, and 20,000 shares and US$5,000 in Year
4).
TSX-X
-----------------------------
SOLITAIRE MINERALS CORP. ("SLT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 4, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation
pertaining to a Mineral Property Option Agreement dated February 1, 2010
between Ken Smith and Solitaire Minerals Corp. (the 'Company'), pursuant to
which the Company has an option to acquire a 100% undivided interest in 13
claims totaling 13,331 acres in northwestern British Columbia, known as the
Summit Lake "C" Project. Total consideration consists of $20,000 in cash
payments and 1,000,000 shares of the Company as follows:
DATE CASH SHARES CUMULATIVE
WORK EXPENDITURES
Year 1 $20,000 250,000 nil
Year 2 nil 250,000 nil
Year 3 nil 500,000 nil
In addition, there is a 2% net smelter return relating to the acquisition.
The Company may, at any time up to a production decision, purchase 1% of the
net smelter return for $1,000,000.
TSX-X
-----------------------------
TASMAN METALS LTD. ("TSM")
BULLETIN TYPE: Halt
BULLETIN DATE: March 4, 2010
TSX Venture Tier 2 Company
Effective at 6:03 a.m. PST, March 4, 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
-----------------------------
TASMAN METALS LTD. ("TSM")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 4, 2010
TSX Venture Tier 2 Company
Effective at 11:30 a.m. PST, March 4, 2010, shares of the Company resumed
trading, an announcement having been made over Canada News Wire.
TSX-X
-----------------------------
THE SKOR FOOD GROUP INC. ("SKF")
BULLETIN TYPE: Consolidation, Stock Split
BULLETIN DATE: March 4, 2010
TSX Venture Tier 1 Company
Effective at the opening, March 5, 2010, the CUSIP Number of the Company
will change to 83081L200; however the name and symbol will not change.
Pursuant to a special resolution passed by shareholders February 25, 2010,
the Exchange has accepted for filing documentation relating to the Company's
Small Shareholder Consolidation Program.
Under the terms of the program, the Company will eliminate all of the
registered shareholdings of less than 100 shares in exchange for a cash
payment. This will be completed by a share consolidation on a 1 for 100 basis
followed by a share split on a 100 for 1 basis.
Transfer Agent: Equity Transfer & Trust Company
Trading Symbol: SKF (unchanged)
CUSIP Number: 83081L 20 0 (new)
For further information, please refer to the Company's Information
Circular dated January 20, 2010 and news release dated January 22, 2010.
TSX-X
-----------------------------
TOVA VENTURES INC. ("TOV.P")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: March 4, 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 to
Toronto.
TSX-X
-----------------------------
TRINCAN CAPITAL CORP. ("TRN.P")
BULLETIN TYPE: Halt
BULLETIN DATE: March 4, 2010
TSX Venture Tier 2 Company
Effective at the opening, March 4, 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
-----------------------------
TRINCAN CAPITAL CORP. ("TRN.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: March 4, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated March 4, 2010, effective at
7:29 a.m. PST, March 4, 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
-----------------------------
YALETOWN CAPITAL CORP. ("YCC.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: March 4, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated November 13, 2009,
effective at 7:51 a.m. PST, March 4, 2010 trading in the shares of the Company
will remain halted pending receipt and review of acceptable documentation
regarding the new Qualifying Transaction pursuant to Listings Policy 2.4 as
per news release dated March 4, 2010.
TSX-X
-----------------------------
NEX COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: March 4, 2010
NEX Company
A Cease Trade Order has been issued by the Autorité des marchés financiers
on March 4, 2010, against the following Company for failing to file the
document indicated within the required time period:
Period
Ending
Symbol Company Failure to File (Y/M/D)
("FRV.H") FRV Media Inc. Annual Financial 09/10/31
Statements
Upon revocation of the Cease Trade Order, the Company's shares will remain
suspended until the Company meets TSX Venture Exchange requirements. Members
are prohibited from trading in the securities of the Company during the period
of the suspension or until further notice.
TYPE DE BULLETIN : Interdiction d'opérations sur valeurs
DATE DU BULLETIN : Le 4 mars 2010
Société NEX
Une interdiction d'opérations sur valeurs a été émise le 4 mars 2010 par
l'Autorité des marchés financiers envers la société suivante pour défaut de
déposer le document indiqué dans la période prescrite :
Période se
terminant
Symbole Société Défaut de déposer (A/M/J)
("FRV.H") FRV Media inc. États financiers annuels 09/10/31
Suite à l'interdiction d'opérations sur valeurs, la négociation des titres
de la société demeurera suspendue jusqu'à ce que la société réponde aux normes
de Bourse de croissance TSX. Il est interdit aux membres de transiger les
titres de la société durant la période de suspension ou jusqu'à un avis
ultérieur.
TSX-X
-----------------------------
For further information: Market Information Services at 1-888-873-8392, or email: [email protected]
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