VANCOUVER, Nov. 9, 2015 /CNW/ -
TSX VENTURE COMPANIES
ADIRA ENERGY LTD. ("ADL")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: November 9, 2015
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated November 5, 2015, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Change of Business and/or Reverse Take-Over pursuant to Listings Policy 5.2
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.
________________________________________
AFRICAN METALS CORPORATION ("AFR")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: November 9, 2015
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated October 6, 2015, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission dated October 7, 2015 has been revoked
Effective at the opening, Tuesday, November 10, 2015, trading will be reinstated in the securities of the Company.
________________________________________
ALLOYCORP MINING INC. ("AVT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 9, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 40,266,000 shares at a deemed price of $0.05 per share to settle outstanding debt for $2,013,300.00.
| Number of Creditors: |
2 Creditors |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Resource Capital Fund IV L.P. |
Y |
$335,550.00 |
$0.05 |
6,711,000 |
| Resource Capital Fund VI L.P. |
Y |
$335,550.00 |
$0.05 |
6,711,000 |
| Resource Capital Fund VI L.P. |
Y |
$1,342,200.00 |
$0.05 |
26,844,00 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
ANCHOR CAPITAL CORPORATION ("ANC.P")
BULLETIN TYPE: Halt
BULLETIN DATE: November 9, 2015
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, November 9, 2015, trading in the shares of the Company was halted at the request of the Company, pending news. This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.
________________________________________
BAJA MINING CORP. ("BAJ")
BULLETIN TYPE: Halt
BULLETIN DATE: November 9, 2015|
TSX Venture Tier 2 Company
Effective at 8:11 a.m. PST, November 9, 2015, trading in the shares of the Company was halted at the request of the Company, pending news. This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.
________________________________________
CONTAGIOUS GAMING INC. ("CNS")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 9, 2015
TSX Venture Tier 2 Company
Effective at 5:00 am, PST, November 9, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
CORDOBA MINERALS CORP. ("CDB")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 9, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Letter of Intent dated October 20, 2015 ("LOI") between Cordoba Minerals Corp. (the "Company"), its subsidiary Minerals Cordoba S.A.S., CMA and Sociedad Ordinaria de Minas Omni ("OMNI"), whereby the Company has an option to earn a 100% interest in the El Alacran property (the "Property") located in the Department of Cordoba, Colombia. In consideration, the Company paid $250,000 (U.S.) payment to OMNI on signing of the LOI and will pay additional $250,000 (U.S.) payments on completion of the definitive agreement and 24-month anniversary of signing the LOI. 100,000 share purchase warrants will be issuable to OMNI with a two-year term at an exercisable price which is equal to a 40% premium to the closing price of execution of the Definitive Documentation. Further payments include a $1,000,000 (U.S.) payment to OMNI on the 24-month anniversary of completion of the definitive agreement and a $14,000,000 (U.S.) payment to OMNI when the environmental license and all other approvals, permits or licenses required to commence the construction and operation of a commercial mine at the Property have been granted on a final basis by the Colombian government. OMNI will retain a 2% NSR with advance royalty payments of $500,000 (U.S.) commencing three years after receipt of approvals to commence construction at the Property or six years after filing for approval to commence construction at the Property.
________________________________________
EQUITAS RESOURCES CORP. ("EQT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 9, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 28, 2015:
| Number of Shares: |
10,087,393 shares |
||
| Purchase Price: |
$0.125 per share |
||
| Warrants: |
10,087,393 share purchase warrants to purchase 10,087,393 shares |
||
| Warrant Initial Exercise Price: |
$0.25 |
||
| Warrant Term to Expiry: |
1 Year |
||
| Number of Placees: |
42 Placees |
||
| Insider / Pro Group Participation: |
Insider=Y / |
||
| Name |
Pro-Group=P |
# of Shares |
|
| Zimtu Capital Corp. (David Hodge) |
Y |
2,900,000 |
|
| David Hodge |
Y |
800,000 |
|
| Ridge Resources Ltd. (Kyler Hardy) |
Y |
720,000 |
|
| Finder's Fee: |
|||
| Rob Christl |
$1,500.00 cash; 12,000 warrants |
||
| Canaccord Genuity Corp. |
$3,250.00 cash; 26,000 warrants |
||
| Euro Pacific Canada Inc. |
$750.00 cash; 6,000 warrants |
||
| Richardson GMP Ltd. |
$2,625.00 cash |
||
| Finder Warrant Initial Exercise Price: |
$0.25 |
||
| Finder Warrant Term to Expiry: |
expires one year from closing |
||
Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantee the accuracy or completeness of the information contained in this document. Readers should consult the issuer's continuous disclosure record for complete details of the transaction.
________________________________________
EQUITORIAL EXPLORATION CORP. ("EXX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 9, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 30, 2015:
| Number of Shares: |
9,827,532 shares |
|||
| Purchase Price: |
$0.06 per share |
|||
| Warrants: |
9,827,532 share purchase warrants to purchase 9,827,532 shares |
|||
| Warrant Exercise Price: |
$0.10 for a two year period |
|||
| Number of Placees: |
17 Placees |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
||||
| Name |
ProGroup=P |
# of Shares |
||
| Dean Pekewki |
Y |
315,200 |
||
| J.P.Varas Management & Geological Corp. |
Y |
360,000 |
||
| (Patricio Varas) |
||||
| YCP Consulting Inc. (Troy Nicolai) |
Y |
781,500 |
||
| Aggregate Pro Group Involvement |
P |
540,000 |
||
| [1 Placee] |
||||
| Finder's Fee: |
$6,240 plus 104,000 warrants payable to Canaccord Genuity Corp. |
|||
| $4,302 plus 67,200 warrants payable to Wolverton Securities Ltd. |
||||
| Finders' warrants are exercisable at $0.06 per share for two years. |
||||
________________________________________
ERIN VENTURES INC. ("EV")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture
BULLETIN DATE: November 9, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 14, 2015 and closed November 3, 2015:
| Convertible Debenture: |
$698,500.00 |
| Conversion Price: |
Convertible into Units of the issuer once every 12 months. Each Unit is comprised of (1) common share and (1) common share purchase warrant (the "Unit"). Each warrant will be exercisable for a one year period at a 50% premium to the Unit Price, subject to a minimum exercise price of $0.10. |
| Formula to determine the number of Units issued upon conversion (the "Unit Price") will be, subject to a minimum conversion of $0.10 after the first year: as follows: |
|
| a) If the Market Price is $0.10 or less, then Unit price will be Market price less 20%, subject to a minimum of $0.06 |
|
| b) If the Market Price is between $0.11 and $0.50, then the Unit price will be Market Price less 10%; and |
|
| c) If the Market Price is greater than $0.50, then Unit price will be Market Price less 5% |
|
| Maturity date: |
June 1, 2018 |
| Interest rate: |
Annual interest rate of 12%, payable semi-annually in arrears. Payments will be comprised of 50% cash and 50% common shares, subject to the right of the holder to have the entire Interest payment in shares. Price of common shares to be issued to satisfy interest payments will be determined by volume weighted average trading price of common shares of Erin for 10 trading days preceding each Interest payment due date, subject to a minimum of $0.06. |
| Number of Placees: |
22 Placees |
| Insider / Pro Group Participation: |
None |
| Agent's Fee: |
Cash payment of $10,500 to August V Scerbo |
| Cash payment of $4,425 to Lamont Stradeski |
|
| Cash payment of $11,737.50 to John Wiebe |
________________________________________
EUROCONTROL TECHNICS GROUP INC. ("EUO")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 9, 2015
TSX Venture Tier 2 Company
Effective at 5:00, PST, November 9, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
FIRST AMERICAS GOLD CORPORATION ("FAC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 9, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a property option agreement (the "Agreement") dated July 17, 2015 between Bruce Doyle and Grant Doyle (collectively, the "Optionors") and First Americas Gold Corporation (the "Company") whereby the Company has been granted an option to acquire an undivided 100% interest in certain mineral properties, together with surface rights, mineral rights, personal property and permits comprising the Green Horn Property, British Columbia (the "Property").
In order to acquire the Property, the Company must pay the Optionors an aggregate of $375,000 over a four year period. The transaction is arms length.
For further information, please see the Company's news release dated July 17, 2015.
________________________________________
FORENT ENERGY LTD. ("FEN")
BULLETIN TYPE: Halt
BULLETIN DATE: November 9, 2015
TSX Venture Tier 1 Company
Effective at 6:51 a.m. PST, November 9, 2015, trading in the shares of the Company was halted at the request of the Company, pending news. This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.
________________________________________
GOLDEN COAST ENERGY CORP. ("GCE")
BULLETIN TYPE: Halt
BULLETIN DATE: November 9, 2015
TSX Venture Tier 2 Company
Effective at 8:30 a.m. PST, November 9, 2015, trading in the shares of the Company was halted for Failure to Maintain Exchange Requirements. 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.
________________________________________
GOLDEN VALLEY MINES LTD. ("GZZ")
BULLETIN TYPE: Warrant Term Extension, Warrant Price Amendment
BULLETIN DATE: November 9, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has consented to the reduction in the exercise price and the extension of the following Warrants:
| Number of Warrants: |
1,499,998 |
| Original Expiry Date of Warrants: |
November 30, 2015 (for 1,000,000 Warrants) and December 5, 2015 (for 499,998 Warrants) |
| Original Exercise Price of Warrants: |
$0.22 |
| New Exercise Price of Warrants: |
$0.14 (for 1,416,665 warrants only) |
| New Expiry Date of Warrants: |
November 30, 2017 (for 1,000,000 Warrants) and December 5, 2017 (for 499,998 Warrants) |
| Accelerated Expiry Provision: |
For the 1,416,665 warrants of which the exercise price has been amended, if the closing price of the shares is $0.175 or more for a period of 10 consecutive trading days, then the warrant holders will have 30 days to exercise their warrants. |
These Warrants were issued pursuant to a private placement of a total of 2,999,998 common shares with 1,499,998 share purchase warrants attached, which was accepted for filing by the Exchange effective June 12, 2014.
LES MINES DE LA VALLEE DE L'OR LTEE ("GZZ")
TYPE DE BULLETIN : Modification du prix d'exercice des bons de souscription, prolongation des bons de souscription
DATE DU BULLETIN : Le 9 novembre 2015
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX (la « Bourse ») a accepté la diminution au prix d'exercice et la prolongation des bons de souscription (les « bons ») suivants :
| Nombre de bons : |
1 499 998 |
| Date d'échéance initiale des bons : |
Le 30 novembre 2015 (pour 1 000 000 de bons) et le 5 |
| décembre 2015 (pour 499 998 bons) |
|
| Prix d'exercice des bons à l'origine : |
0,22 $ |
| Nouveau prix d'exercice des bons : |
0,14 $ (pour 1 416 665 bons uniquement) |
| Nouvelle date d'expiration des bons : |
Le 30 novembre 2017 (pour 1 000 000 de bons) et le 5 décembre 2017 (pour 499 998 bons) |
| Disposition d'accélération de l'échéance : |
Pour les 1 416 665 bons dont le prix d'exercice a été amendé, si le cours de clôture des actions de la société est 0,175 $ ou plus pour une période de 10 jours de transaction consécutifs, les détenteurs des bons auront 30 jours pour exercer leurs bons. |
Les bons de souscription ci-dessus ont été émis dans le cadre de l'émission de 2 999 998 actions ordinaires et 1 499 998 bons de souscription par le biais d'un placement privé, tel qu'accepté par la Bourse le 12 juin 2014.
__________________________________
IMETAL RESOURCES I INC. ("IMR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 9, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing a Property Acquisition Agreement between the Company and Skyworld Holdings Ltd. whereby the Company has acquired a 100% interest in the Carheil Property located near Val-d'Or, Quebec. Consideration is a total of $65,000 payable over a 5 year period and 1,900,000 post-consolidated shares to be issued over a three year period.
Meadowbank Asset Management Inc. (Dwarka Lakhan) will receive a finder's fee of 190,000 post-consolidated shares.
________________________________________
INTERNATIONAL BETHLEHEM MINING CORP. ("IBC")
BULLETIN TYPE: Consolidation
BULLETIN DATE: November 9, 2015
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by directors on October 20, 2015, the Company has consolidated its capital on a four (4) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening on Tuesday, November 10, 2014, the common shares of International Bethlehem Mining Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration/Development' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 11,350,947 |
shares are issued and outstanding |
|
| Escrow |
Nil |
shares |
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
IBC (UNCHANGED) |
|
| CUSIP Number: |
459123 20 4 (NEW) |
|
________________________________________
OPEN GOLD CORP. ("OPG.H")
[formerly Open Gold Corp. ("OPG")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Resume Trading
BULLETIN DATE: November 9, 2015
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening on Tuesday, November 10, 2015, 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 November 10, 2015, 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 OPG to OPG.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.
Further to the TSX Venture Exchange Bulletins dated April 7, 2015 and April 13, 2015, the Company has applied for a resumption to trading, the Company having announced the termination of the proposed transaction on October 27, 2015.
Effective at the opening on Tuesday, November 10, 2015 shares of the Company will resume trading.
________________________________________
PERUVIAN PRECIOUS METALS CORP. ("PPX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 9, 2015
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 September 15, 2015 and October 9, 2015:
| Number of Shares: |
3,111,500 shares |
||
| Purchase Price: |
$0.10 per share |
||
| Warrants: |
3,111,500 share purchase warrants to purchase 3,111,500 shares |
||
| Warrant Exercise Price: |
$0.15 for a two year period, subject to an accelerated expiry |
||
| Number of Placees: |
7 Placees |
||
| Insider / Pro Group Participation: |
|||
| Insider=Y / |
|||
| Name |
ProGroup=P |
# of Shares |
|
| Brian Maher |
Y |
250,000 |
|
| Brian Imrie |
Y |
250,000 |
|
| Jorge Benavides |
Y |
642,500 |
|
| Finder's Fee: |
72,325 units issuable to Tomas Silva on the same terms as above |
||
| 46,025 units issuable to Pablo Secada on the same terms as above |
|||
| 46,025 units issuable to Italo Yuli on the same terms as above. |
|||
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.
________________________________________
PJX RESOURCES INC. ("PJX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 9, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 15, 2015:
| Flow-Through Shares: |
|||||
| Number of FT Shares: |
1,575,000 flow through shares |
||||
| Purchase Price: |
$0.20 per flow through share |
||||
| Warrants: |
1,575,000 share purchase warrants to purchase 1,575,000 shares |
||||
| Warrant Initial Exercise Price: |
$0.25 |
||||
| Warrant Term to Expiry: |
2 Years |
||||
| Non Flow-Through Shares: |
|||||
| Number of Non-FT Shares: |
1,687,500 non flow through shares |
||||
| Purchase Price: |
$0.20 per non flow through share |
||||
| Warrants: |
1,687,500 share purchase warrants to purchase 1,687,500 shares |
||||
| Warrant Initial Exercise Price: |
$0.25 |
||||
| Warrant Term to Expiry: |
2 Years |
||||
| Number of Placees: |
12 Placees |
||||
| Insider / Pro Group Participation: |
|||||
| Insider=Y / |
# of Shares |
||||
| Name |
Pro-Group=P |
||||
| George Patton |
Y |
1,250,000 |
|||
| Aggregate Pro-Group Involvement |
|||||
| [1 Placee] |
P |
100,000 |
|||
| Finder's Fee: |
|||||
| PI Financial Corp. |
$21,600.00 cash |
||||
| Canaccord Genuity Corp. |
$4,800.00 cash |
||||
| Richardson GMP |
$1,600.00 cash |
||||
| Chippingham Financial Group |
$1,200.00 cash |
||||
Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantee the accuracy or completeness of the information contained in this document. Readers should consult the issuer's continuous disclosure record for complete details of the transaction.
________________________________________
SAINT JEAN CARBON INC. ("SJL")
BULLETIN TYPE: Halt
BULLETIN DATE: November 9, 2015
TSX Venture Tier 2 Company
Effective at 7:16 a.m. PST, November 9, 2015, trading in the shares of the Company was halted at the request of the Company, pending news. This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.
________________________________________
SAINT JEAN CARBON INC. ("SJL")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 9, 2015
TSX Venture Tier 2 Company
Effective at 8:45 am, PST, November 9, 2015, shares of the Company resumed trading, an announcement having been made.
________________________________________
VITAL ENERGY INC. ("VUX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 9, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 16, 2015 and closed November 3, 2015:
| Number of Securities: |
10,500,000 Common |
|
| Purchase Price: |
$0.10 per Share |
|
| Number of Placees: |
1 Placee |
|
| Insider / |
||
| Insider = Y/ |
||
| Name |
Pro Group = P |
# of Shares |
| Hai Zhou |
Y |
10,500,000 |
| Agent's Fee: |
None |
For further information please see the Company's press release dated November 3, 2015.
_______________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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