VANCOUVER, June 9 /CNW/ -
TSX VENTURE COMPANIES
ALTURAS MINERALS CORP. ("ALT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a
letter agreement (the "Agreement") dated May 20, 2010, between Alturas
Minerals Corp. (the "Company") and Teck Cominco Peru S.A. (the "Vendor").
Pursuant to the Agreement, the Company shall acquire a 35% interest in the
Huajoto Polymetallic Project (the "Property") in southern Peru.
As consideration, the Company must issue the Vendor 1,000,000 shares. The
Issuer shall pay the Vendor a 1% net smelter royalty (the "NSR") on the
Property.
For further information, please refer to the Company's press release dated
June 1, 2010.
TSX-X
--------------------------------
ASTRAL MINING CORPORATION ("AA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
the first tranche of a Non-Brokered Private Placement announced May 14, 2010:
Number of Shares: 645,000 shares
Purchase Price: $0.20 per share
Warrants: 645,000 share purchase warrants to purchase
645,000 shares
Warrant Exercise Price: $0.25 for a one year period
$0.35 in the second year
Number of Placees: 5 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Frank Stronach P 125,000
Cliff Rich P 400,000
Alex Watson P 50,000
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
--------------------------------
ASTRAL MINING CORPORATION ("AA")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 9, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. has accepted for filing documentation in
connection with an Option Agreement dated December 14, 2009 (the "Option
Agreement") between the Astral Mining Corporation (the "Company") and Kootenay
Gold Inc. ("Kootenay"). Under the Option Agreement, the Company has the right
to earn a 100% interest in the Jumping Josephine Property, located in British
Columbia, Canada. The Company currently holds a 60% undivided interest in the
Jumping Josephine Property and Kootenay holds a 40% undivided interest. In
order to earn the additional 40% interest the Company must:
1. issue an aggregate of 4,400,000 shares of the Company to Kootenay as
follows:
a) 750,000 on the issuance of this bulletin;
b) 750,000 on June 14, 2010;
c) 1,000,000 on December 14, 2010;
d) 1,500,000 on June 14, 2011; and
e) 400,000 on commencement of commercial production;
2. incur exploration expenditures on the Jumping Josephine Property over
two year with $750,000 to be spent in the first year and $1,250,000
to be spent in the second year.
A 1% net smelter royalty ("NSR") has been allocated to Kootenay. There is
no buy-back option on the NSR.
For further information see the Company's news release dated December 16,
2009 which is available under the Company's profile on SEDAR.
TSX-X
--------------------------------
BLACK BIRCH CAPITAL ACQUISITION I CORP. ("BBC.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated June 7, 2010, effective at
the opening, June 9, 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
--------------------------------
CABO DRILLING CORP. ("CBE")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated May 20, 2010, please note
the following amendment:
Finder's Fee should have read: An aggregate of CDN$64,260 in cash and
425,000 warrants payable to HSBC Securities (Canada) Inc and Terrence Wong.
Each warrant entitles the holder to acquire one common share at $0.23 for a
two year period.
All other terms and conditions remain the same.
For further details, please refer to the Company's news release dated May
17, 2010.
TSX-X
--------------------------------
CASSIDY GOLD CORP. ("CDX")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of
the following warrants:
Private Placement:
No. of Warrants: 4,043,333 (post-consolidation)
Original Expiry Date of Warrants: July 3, 2010
New Expiry Date of Warrants: July 3, 2011
Exercise Price of Warrants: $0.30 (post-consolidation)
These warrants were issued pursuant to a private placement of 12,130,000
pre-consolidated shares with 12,130,000 pre-consolidated share purchase
warrants attached, which was accepted for filing by the Exchange effective
July 2, 2009.
TSX-X
--------------------------------
COPPER CREEK VENTURES LTD. ("CPV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 28, 2010 and June 3, 2010:
Number of Shares: 6,300,000 shares
Purchase Price: $0.05 per share
Warrants: 3,150,000 share purchase warrants to purchase
3,150,000 shares
Warrant Exercise Price: $0.10 for a two year period
Number of Placees: 11 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Bing Jung Y 500,000
Wendy Jung Y 500,000
Douglas Corrigan P 400,000
James Anderson Y/P 1,000,000
Finder's Fee: $700 cash payable to Macquarie Private Wealth
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
--------------------------------
GOLDBANK MINING CORPORATION ("GLB")
BULLETIN TYPE: Halt
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
Effective at 6:50 a.m. PST, June 9, 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
--------------------------------
GOLDBANK MINING CORPORATION ("GLB")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
Effective at 10:00 a.m. PST, June 9, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.
TSX-X
--------------------------------
GOLDEN REIGN RESOURCES LTD. ("GRR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
the second tranche of a Non-Brokered Private Placement announced March 8,
2010:
Number of Shares: 4,463,560 shares
Purchase Price: $0.20 per share
Warrants: 2,231,780 share purchase warrants to purchase
2,231,780 shares
Warrant Exercise Price: $0.25 for a two year period
Number of Placees: 13 placees
Finders' Fees: $5,500 payable to Jennings Capital Inc.
$17,500 and 125,000 warrants payable to
Canaccord Genuity Corp.
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
--------------------------------
HATHOR EXPLORATION LIMITED ("HAT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 9, 2010
TSX Venture Tier 1 Company
Effective at the opening, June 9, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.
TSX-X
--------------------------------
HAWKEYE GOLD & DIAMOND INC. ("HGO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced January 22, 2010:
Number of Shares: 355,229 shares
Purchase Price: $0.21 per share
Warrants: 355,229 share purchase warrants to purchase
355,229 shares
Warrant Exercise Price: $0.45 for an eighteen month period
Number of Placees: 9 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Jennifer Vincent Jones P 23,800
Ian MacLean P 23,810
Chris Stewart P 50,000
Lisa Cumming P 100,000
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
--------------------------------
FORTRESS MINERALS CORP. ("FST")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
Effective at the opening, June 9, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.
TSX-X
--------------------------------
GLEN EAGLE RESOURCES INC. ("GER")
BULLETIN TYPE: Halt
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
Effective at 12:04 p.m. PST, June 9, 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
--------------------------------
KIVALLIQ ENERGY CORPORATION ("KIV")
BULLETIN TYPE: Warrant Terms Amendment
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the amendment in the terms of the
following warrants:
Private Placement:
No. of Warrants: 10,000,000
Expiry Date of Warrants: February 22, 2012
Amended Exercise Provision: The holders of these warrants will be
entitled to receive one unit in place of a
common share of the Issuer, issuable upon
the exercise of the warrant at the
original exercise price of $0.35 if the
holder exercises the warrant within
30 days from the date of announcement by
the Company. Each unit will consist of one
common share and one-half of one share
purchase warrant exercisable at $0.45 per
share for a period of eighteen months.
These warrants were issued pursuant to a private placement of 10,000,000
shares with 10,000,000 share purchase warrants attached, which was accepted
for filing by the Exchange effective February 16, 2010. Any warrants not
exercised under the amended terms above will continue to be exercisable for
common shares of the Issuer under the original warrant terms.
TSX-X
--------------------------------
MADEIRA MINERALS LTD. ("MDE.H")
(formerly Madeira Minerals Ltd. ("MDE.P))
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain
Suspended
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
In accordance with TSX Venture Exchange Policy 2.4, Capital Pool
Companies, the Company has not completed a qualifying transaction within the
prescribed time frame. Therefore, effective at the opening Thursday, June 10,
2010, the Company's listing will transfer to NEX, the Company's Tier
classification will change from Tier 2 to NEX, and the Filing and Service
Office will change from Vancouver to NEX.
As of June 10, 2010, the Company is subject to restrictions on share
issuances and certain types of payments as set out in the NEX policies.
The trading symbol for the Company will change from MDE.P to MDE.H. There
is no change in the Company's name, no change in its CUSIP number and no
consolidation of capital. The symbol extension differentiates NEX symbols from
Tier 1 or Tier 2 symbols within the TSX Venture Exchange.
Trading in the shares of the Company will remain suspended.
Members are prohibited from trading in the securities of the Company
during the period of suspension or until further notice.
TSX-X
--------------------------------
MEADOW BAY CAPITAL CORPORATION ("MAY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 1, 2010 and amended May 6,
2010:
Number of Shares: 6,380,000 shares
Purchase Price: $0.08 per share
Warrants: 6,380,000 share purchase warrants to purchase
6,380,000 shares
Warrant Exercise Price: $0.10 for a five year period
Number of Placees: 6 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P No. of Shares
Ronaye Malette P 475,000
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.
TSX-X
--------------------------------
MERIDEX SOFTWARE CORPORATION ("MSC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced July 30, 2009:
Number of Shares: 2,666,667 shares
Purchase Price: $0.09 per share
Warrants: 2,666,667 share purchase warrants to purchase
2,666,667 shares
Warrant Exercise Price: $0.14 for a two year period
Number of Placees: 1 placee
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
--------------------------------
MOONCOR OIL & GAS CORP. ("MOO")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of
the following warrants:
No. of Warrants: 6,666,668
Original Expiry Date of Warrants: June 12, 2010
New Expiry Date of Warrants: June 12, 2011
Exercise Price of Warrants: $0.30 per share
These warrants were issued pursuant to a private placement of 10,000,000
flow-through common and 3,333,333 non flow-through shares with 6,666,668
common share purchase warrants attached, which was accepted by the Exchange on
June 25, 2008.
TSX-X
--------------------------------
NEW SHOSHONI VENTURES LTD. ("NSV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced May 12, 2010:
Number of Shares: 1,406,665 flow-through shares and 709,331 non
flow-through shares
Purchase Price: $0.15 per share
Warrants: 2,115,996 share purchase warrants to purchase
2,115,996 shares
Warrant Exercise Price: $0.20 for an eighteen month period (1,406,665)
$0.17 for an eighteen month period (709,331)
Number of Placees: 12 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P No. of Shares
Shayne Nyquvest P 100,000 FT
Morquest Trading Co.
Ltd. (Shayne Nyquvest
& Al Morishita) P 150,000 FT
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
--------------------------------
SAHARA ENERGY LTD. ("SAH")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
Effective at the opening, June 9, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.
TSX-X
--------------------------------
SELWYN RESOURCES LTD. ("SWN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 9, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced June 4, 2010:
Number of Shares: 3,750,000 shares
Purchase Price: $0.15 per share
Warrants: 1,875,000 share purchase warrants to purchase
1,875,000 shares
Warrant Exercise Price: $0.25 until December 31, 2014
Number of Placees: 1 placee
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Resource Capital
Fund IV LP Y 3,750,000
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
--------------------------------
SONORA GOLD & SILVER CORP. ("SOC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 22, 2010:
Number of Shares: 2,500,000 shares
Purchase Price: $0.10 per share
Warrants: 1,250,000 share purchase warrants to purchase
1,250,000 shares
Warrant Exercise Price: $0.15 for a one year period
Number of Placees: 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.)
TSX-X
--------------------------------
SPIDER RESOURCES INC. ("SPQ")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 26, 2010
TSX Venture Tier 2 Company
Effective at the opening, May 26, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.
TSX-X
--------------------------------
STRONGHOLD METALS INC. ("Z")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of a
Share Purchase Agreement dated May 25, 2010 between the Company and Mineracoa
Vale Do Sonho Ltda. (a private Brazilian company. Insiders: Cottagon SA, F.
Scheitz, D. Lindenmayer, "Do Sonho") whereby the Company may acquire a 100%
interest all the Issued and outstanding shares of Do Sonho. Do Sonho holds
title to five mineral concessions and is in the process of being transferred
title of one additional mineral concession, which six concessions collectively
make up the tucuma Property comprised of 11,500 hectares located in the state
of Para, Brazil.
The consideration payable to Do Sonho is 1,500,000 shares of the Company
and 750,000 share purchase warrants (entitling the holder to purchase an
additional common share at $0.75 per share for a period of two years). On the
commencement of commercial production for primary ore (excluding alluvial
minerals) from the Tucuma property, the Company will pay the sum of
US$3,000,000 to Do Sonho shareholders on a pro rata basis to their
shareholdings in Do Sonho. On the commencement of commercial production for
primary ore (excluding alluvial minerals) from the Tucuma property, the
Company shall grant a reserve a 1% net smelter return royalty to the Do Sonho
shareholders on a pro rata basis.
TSX-X
--------------------------------
TERRA VENTURES INC. ("TAS")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
Effective at the opening, June 9, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.
TSX-X
--------------------------------
UNIVERSAL POWER CORP. ("UNX")
BULLETIN TYPE: Halt
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
Effective at 6:35 a.m. PST, June 9, 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
--------------------------------
UNIVERSAL POWER CORP. ("UNX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
Effective at 11:30 a.m., PST, June 9, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.
TSX-X
--------------------------------
TYPHOON EXPLORATION INC. ("TYP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has accepted for filing the
documentation with respect to a brokered Private Placement announced on May
18, 2010:
Number of Shares: 609,756 common shares
Purchase Price: $0.82 per common share
Warrants: 609,756 share purchase warrants to purchase
609,756 common shares.
Warrants Exercise Price: $1.25 per share for up to 18 months following
the closing date.
Number of Placees: 1 placee
Pursuant to the Exchange's Corporate Finance Policy 4.1, section 1.11 (d),
the Company must issue a press 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 press release if the Private Placement does not close
promptly.
EXPLORATION TYPHON INC. ("TYP")
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 9 juin 2010
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX (la "Bourse") a accepté le dépôt de la
documentation en vertu d'un placement privé avec l'entremise d'un courtier,
tel qu'annoncé le 18 mai 2010 :
Nombre d'actions : 609 756 actions ordinaires
Prix : 0,82 $ par action ordinaire
Bons de souscription : 609 756 bons de souscription permettant de
souscrire à 609 756 actions ordinaires.
Prix d'exercice des bons : 1,25 $ par actions pour une période maximale
de 18 mois suivant la clôture.
Nombre de souscripteurs : 1 souscripteur
En vertu de la section 1.11 (d) de la Politique de financement des
sociétés 4.1 de la Bourse, la société doit émettre un communiqué de presse
annonçant la clôture du placement privé, divulguant notamment les dates
d'échéance des périodes de détention obligatoires des titres émis en vertu du
placement privé. La société doit aussi émettre un communiqué de presse si le
placement privé ne clôture pas dans les délais.
TSX-X
--------------------------------
ZOOMMED INC. ("ZMD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 9, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a non-brokered private placement announced on April 27, 2010:
Number of Shares: 2,500,000 common shares
Purchase Price: $0.20 per common share
Placees: 1 placee
The Company has confirmed the closing of the private placement pursuant to
a news release dated May 31, 2010.
ZOOMMED ("ZMD")
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 9 juin 2010
Société du groupe 2 de Bourse de croissance TSX
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 27
avril 2010 :
Nombre d'actions : 2 500 000 actions ordinaires
Prix : 0,20 $ par action ordinaire
Souscripteurs : 1 souscripteur
La société a confirmé la clôture du placement privé en vertu d'un
communiqué de presse daté du 31 mai 2010.
TSX-X
--------------------------------
NEX COMPANIES
CRESO EXPLORATION Inc. ("CXT")
(formerly Willowstar Capital Inc. ("WWM.H"))
BULLETIN TYPE: Qualifying Transaction-Completed, Reinstated for Trading,
Graduation from NEX to TSX Venture, Private Placement- Brokered, Name
Change
BULLETIN DATE: June 9, 2010
NEX Company
Qualifying Transaction:
TSX Venture Exchange has accepted for filing the Company's Qualifying
Transaction ("QT") described in its Filing Statement dated March 31, 2010. As
a result, at the opening Thursday, June 10, 2010, the Company will no longer
be considered as a Capital Pool Company.
The QT consists of the acquisition of all the issued and outstanding
securities of Creso Resources Inc. ("Creso") through the issuance of the
following securities:
- 53,534,481 common shares of the Company to Creso's shareholders at a
deemed issue price of $0.15 per share;
- 17,004,467 replacement warrants to Creso's warrant holders;
- 4,000,000 replacement Incentive Options to Creso's option holders;
and
- A convertible debenture of $1,900,000 (convertible into 3,800,000
shares) to Creso's debenture holder.
Furthermore, a total of 1,490,000 shares are reserved for issuance
pursuant to further property payments.
A total of 3,918,334 common shares, 400,000 warrants and 3,100,000
Incentive Options issued to Creso's security holders are escrowed pursuant to
an Exchange Tier 2 Surplus Escrow Agreement.
A total of 1,500,000 shares have been issued to Pope & Company Limited as
a finder's fee.
The Company is classified as a "Gold and Silver Ore Mining" Issuer (NAICS
Number 212220).
For further information, please refer to the Company's Filing Statement
dated March 31, 2010, available on SEDAR.
Reinstated for trading:
Further to TSX Venture Exchange Bulletin dated September 24, 2008, the
Company has now completed its Qualifying Transaction.
Effective at the opening, Thursday, June 10, 2010, trading will be
reinstated in the securities of the Resulting Issuer (Creso Exploration Inc.)
(CUSIP: 22586T102).
Graduation from NEX to TSX Venture:
The Company has met the requirements to be listed as a TSX Venture Tier 2
Company. Therefore, effective on Thursday, June 10, 2010, the Company's
listing will transfer from NEX to TSX Venture, the Company's Tier
classification will change from NEX to Tier 2 and the Filing and Service
Office will change from NEX to Montreal.
Effective at the opening on Thursday, June 10, 2010, the trading symbol
for the Company will change from "WWM.H" to "CXT".
Private Placement - Brokered:
TSX Venture Exchange has accepted for filing the documentation with
respect to a Brokered Private Placement announced on June 3, 2010:
Number of Shares: 9,200,000 common shares
Purchase Price: $0.50 per common share
Warrants: 9,200,000 warrants to purchase 9,200,000 common
shares.
Warrant Exercise Price: $0.65 per share for a 24-month period.
Number of Placees: 110 placees
Insider/Pro Group Participation:
Insider equals Y/
Name Pro Group equals P Number of Shares
Daniel A. Smith P 100,000
Agent's Commission: A cash commission of 8% of the gross proceeds
has been paid to Canaccord Genuity Corporation.
In addition, Canaccord Genuity Corporation
received a total of 736,000 warrants to purchase
736,000 units at a price of $0.50 per unit for a
24-month period. Finally, Canaccord Genuity
Corporation received a total of 60,000 units as
corporate finance fees.
The Company has confirmed the closing of the above-mentioned Private
Placement.
Name Change:
Pursuant to a special resolution passed by shareholders on June 22, 2009,
the Company has changed its name from "Willowstar Capital Inc." to "Creso
Exploration Inc." There is no consolidation of capital.
Effective at the opening Thursday, June 10, 2010, the common shares of
"Creso Exploration Inc." will commence trading on TSX Venture Exchange, and
the common shares of "Willowstar Capital Inc." will be delisted.
Capitalization: Unlimited common shares with no par value of
which 69,327,731 shares will be issued
and outstanding.
Escrow: 4,938,333 common shares, 400,000 warrants and
3,100,000 Incentive Options, of which 297,917
common shares, 20,000 warrants and
155,000 Incentive Options are released at the
date of this bulletin.
Transfer Agent: Computershare Investor Services Inc. - Montréal,
Toronto & Vancouver
Trading Symbol: CXT (new)
CUSIP Number: 22586T 10 2 (new)
TSX Venture Exchange has been advised that the above transactions have
been completed.
Company Contact: Mr. Vatché Tchakmakian, CFO
Company Address: 600 de Maisonneuve Blvd. West, Suite 2750
Montreal, Quebec, H3A 3J2
Company Phone Number: (514) 866-6001
Company Fax Number: (514) 866-6193
E-mail Address: [email protected]
Company Web Site: www.creso.ca
EXPLORATION CRESO INC. ("CXT")
(anciennement Willowstar Capital Inc. ("WWM.H"))
TYPE DE BULLETIN : Opération admissible complétée, Réadmission à la
négociation, Migration de NEX à TSX Croissance, Placement privé avec
l'entremise d'un courtier, Changement de dénomination sociale
DATE DU BULLETIN : Le 9 juin 2010
Société NEX
Opération admissible :
Bourse de croissance TSX (la "Bourse") a accepté le dépôt des documents de
la société relativement à son opération admissible décrite dans sa déclaration
de changement à l'inscription datée du 31 mars 2010. Conséquemment, à
l'ouverture des marchés le jeudi 10 juin 2010, la société ne sera plus
considérée comme une société de capital de démarrage.
L'opération admissible consiste à l'acquisition, de la totalité des titres
émis et en circulation de Ressource Creso Inc. ("Creso") par l'émission de
titres suivants :
- 53 534 481 actions ordinaires de la société auprès des actionnaires
de Creso, à un prix réputé de 0,15 $ par action ;
- 17 004 467 bons de souscription de remplacement aux détenteurs de
bons de souscription de Creso ;
- 4 000 000 d'options incitatives de remplacement aux détenteurs
d'options incitatives de Creso ; et
- Une débenture convertible de 1 900 000 $ (convertible en 3 800 000
actions) au détenteur d'une débenture convertible de Creso.
De plus, un total de 1 490 000 actions ordinaires sont réservées pour
émission aux fins de paiements futurs de propriétés.
Un total de 3 918 334 actions ordinaires, 400 000 bons de souscription et
3 100 000 options incitatives émises aux détenteurs de titres de Creso sont
entiercées en vertu d'une convention de titres excédentaires du groupe 2 de la
Bourse.
Un total de 1 500 000 actions ont été émises à Pope & Company Limited à
titre d'honoraire d'intermédiation.
La société est catégorisée comme un émetteur de type "Extraction de
minerais d'or et d'argent" (numéro de SCIAN : 212220).
Pour de plus amples renseignements, veuillez vous référer à la déclaration
de changement à l'inscription datée du 31 mars 2010, disponible sur SEDAR.
Réadmission à la négociation :
Suite au bulletin de la Bourse de croissance TSX daté du 24 septembre
2008, la société a maintenant complété son opération admissible.
Les titres de l'émetteur résultant (Exploration Creso Inc.) seront réadmis
à la négociation à l'ouverture des marchés le jeudi 10 juin 2010 (CUSIP:
22586T102).
Migration de NEX à TSX Croissance:
La société a satisfait aux exigences afin d'être inscrite comme une
société de groupe 2 de la TSX Croissance. Conséquemment l'inscription des
titres de la société sera transférée de NEX à TSX Croissance, le groupe de la
classification de la société sera changé de NEX à groupe 2 et le bureau de
correspondance sera changé de NEX à Montréal, en vigueur à l'ouverture des
marchés le jeudi 10 juin 2010.
Le symbole boursier de la société sera changé de "WWM.H" à "CXT", en
vigueur à l'ouverture des marchés le jeudi 10 juin 2010.
Placement privé avec l'entremise d'un courtier :
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu
d'un placement privé par l'entremise d'un courtier, tel qu'annoncé le 3 juin
2010 :
Nombre d'actions : 9 200 000 actions ordinaires
Prix : 0,50 $ par action ordinaire
Bons de souscription : 9 200 000 bons de souscription permettant de
souscrire à 9 200 000 actions ordinaires.
Prix d'exercice des bons : 0,65 $ par action pour une période de
24 mois.
Nombre de souscripteurs : 110 souscripteurs
Participation Initié/Groupe Pro :
Initié égale Y/
Nom Groupe Pro égale P Nombre d'actions
Daniel A. Smith P 100 000
Commission d'agent : Une commission en espèces représentant 8 % du
produit but du placement a été payée à
Corporation Canaccord Genuity. De plus,
Corporation Canaccord Genuity a reçu un total
de 736 000 bons de souscription permettant
d'acquérir 736 000 unités au prix de 0,50 $
par unité pour une période de 24 mois.
Finalement, Corporation Canaccord Genuity a
reçu 60 000 unités à titre de frais de
financement.
La société a confirmé la clôture du placement
privé mentionné ci-dessus.
Changement de dénomination sociale :
En vertu d'une résolution spéciale des actionnaires du 22 juin 2009, la
société a modifié sa dénomination sociale de "Willowstar Capital Inc." à
"Exploration Creso Inc.". Il n'y a pas de consolidation du capital-actions.
Les actions ordinaires d'"Exploration Creso Inc." seront admises à la
négociation de Bourse de croissance TSX à l'ouverture des marchés le jeudi 10
juin 2010, et les actions ordinaires de "Willowstar Capital Inc." seront
radiées de la cote.
Capitalisation : Un nombre illimité d'actions ordinaires sans
valeur nominale, et dont 69 327 731 actions
seront émises et en circulation.
Actions entiercées : 4 938 333 actions ordinaires, 400 000 bons de
souscription et 3 100 000 options
incitatives, dont 297 917 actions ordinaires,
20 000 bons de souscription et 155 000
options incitatives sont libérées à la date
de ce bulletin.
Agent des transferts : Services aux Investisseurs Computershare Inc.
- Montréal, Toronto & Vancouver
Symbole au téléscripteur : CXT (nouveau)
Numéro de CUSIP : 22586T102 (nouveau)
La Bourse a été avisée que les opérations précitées ont été complétées.
Contact de la société : M. Vatché Tchakmakian, Chef des finances
Adresse de la société : 600, boul. de Maisonneuve Ouest, Bureau 2750
Montréal, Québec, H3A 3J2
Téléphone de la société : (514) 866-6001
Télécopieur de la société : (514) 866-6193
Courriel : [email protected]
Site Web de la société : www.creso.ca
TSX-X
--------------------------------
For further information: Market Information Services at 1-888-873-8392, or email: [email protected]
Share this article