VANCOUVER, Sept. 2 /CNW/ -
TSX VENTURE COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: September 2, 2010
TSX Venture Tier 2 Company
A Cease Trade Order has been issued by the Autorité des marchés financiers
on September 2, 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)
("PWB") Power Tech Quarterly Financial 10/6/30
Corporation Inc. 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 2 septembre 2010
Société du groupe 2 de TSX Croissance
Une interdiction d'opérations sur valeurs a été émise le 2 septembre 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)
("PWB") Corporation Power États financiers 10/6/30
Tech inc. 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.
------------------------------
ARIUS 3D CORP. ("LZR")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: September 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced July 15, 2010:
Convertible Debenture: $245,750.00
Conversion Price: Convertible into one common share at a price of
$0.18
Maturity date: December 31, 2014
Warrants: 1,319,444 warrants issued on closing. Each
warrant will have a term of five years from the
date of issuance of the notes and entitle the
holder to purchase one common share. The
warrants are exercisable at the price of $0.18
until December 31, 2014
Interest rate: 8%
Number of Placees: 2 placees
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.
------------------------------
ARTHA RESOURCES CORPORATION ("AHC")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: September 2, 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: 4,331,286
Original Expiry Date of Warrants: March 6, 2010 and extended to
September 6, 2010
New Expiry Date of Warrants: December 31, 2011
Exercise Price of Warrants: 0.25
These warrants were issued pursuant to a private placement of 4,331,286
shares with 4,331,286 share purchase warrants attached, which was accepted for
filing by the Exchange effective March 6, 2008.
------------------------------
ATW GOLD CORP. ("ATW")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 2, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange Inc. has accepted for filing documentation in
connection with an option agreement dated July 20, 2010 letter agreement
between ATW Venture Australia Pty Ltd. ("ATW Australia"), a wholly owned
subsidiary of ATW Gold Corp. (the "Company") and Mutiny Gold Ltd. ("Mutiny")
pursuant to which Mutiny can acquire (the "Acquisition") a 70% interest in the
Gullewa Copper-Gold Project (the "Gullewa Project") located in the West
Yilgarn goldfields of Western Australia.
In order for Mutiny to acquire a 70% interest in the Gullewa Project
Munity must make the following cash payments to the Company's subsidiary ATW
Gold Corp. Australia PTY Ltd. ("ATW Australia"):
(i) AUD$1.5 million on or before September 24, 2010; and
(ii) AUD$1.5million (plus applicable interest payable under clause 2 of
the underlying agreement between ATW Australia and Batavia Mining
Ltd. dated April 18, 2008 under which ATW Australia originally
acquired its interest in the Gullewa Project) on or before January
24, 2011; and
(iii) AUD$4.0million on or before July 24, 2011; and
(iv) AUD$2.0 million on or before October 31, 2011; and
by paying all exploration and development expenditures on the
Gullewa Project until October 31, 2011.
Upon earning a 70% interest in the Gullewa Project, Mutiny may elect to
enter into a 70/30 joint venture agreement with the Company or it may acquire
a further 30% interest by completing a positive feasibility study on the
Gullewa Project and by paying to the Company an additional AUD$4,000,000. If
it so elects, then it will have acquired the Gullewa Project 100% and ATW
Australia will retain a 10% net profit interest.
The Exchange has been advised that the Acquisition was approved by the
shareholders of the Company at a meeting held on August 26, 2010.
------------------------------
BLACKBIRD ENERGY INC. ("BBI")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: September 2, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated September 1, 2010,
effective at 7:12 a.m. PST, September 2, 2010 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 Takeover
pursuant to Listings Policy 5.2.
------------------------------
BOLD VENTURES INC. ("BOL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced August 13, 2010:
Number of Shares: 1,600,000 shares
Purchase Price: $0.25 per share
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.
------------------------------
CAPITAL PRO-EGAUX INC. ("CPE")
BULLETIN TYPE: Halt
BULLETIN DATE: September 2, 2010
TSX Venture Tier 2 Company
Effective at 5:57 a.m. PST, September 2, 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.
------------------------------
CAPITAL PRO-EGAUX INC. ("CPE")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: September 2, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated September 2, 2010,
effective at 9:25 a.m. PST, September 2, 2010 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 Takeover
pursuant to Listings Policy 5.2.
------------------------------
CCT CAPITAL LTD. ("CCW")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: September 2, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated August 13, 2010, effective
at 7:10 a.m. PST, September 2, 2010 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 Takeover pursuant to Listings Policy
5.2.
------------------------------
CHINA OPPORTUNITY INC. ("COC")
(formerly China Opportunity Inc. ("COC.P"))
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Reinstated
for Trading
BULLETIN DATE: September 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's Qualifying
Transaction described in its Information Circular dated August 20, 2010. As a
result, at the opening Friday, September 3, 2010, shares of the Company will
be reinstated for trading and the Company will no longer be considered a
Capital Pool Company. The Qualifying Transaction includes the following:
Pursuant to the Qualifying Transaction, the Company has entered into a
definitive option agreement with Bridgeport Ventures Inc. pursuant to which
the Company will have an option to earn up to a 70% interest in the McCart
Property, a nickel mineral exploration property located in Timmins, Ontario.
The Company will be the operator of the McCart Property.
The Exchange has been advised that the above transaction has been
completed.
Capitalization: unlimited shares with no par value of which
8,182,500 shares are issued and outstanding
Escrow: 5,000,000 shares
Symbol: COC (same symbol as CPC but with .P removed)
The Company is classified as a "mining" company.
------------------------------
CLOUDBREAK RESOURCES LTD. ("CDB")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Private
Placement-Non-Brokered
BULLETIN DATE: September 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. has accepted for filing documentation in
connection with a purchase agreement among the Cloudbreak Resources Ltd. (the
"Company") and 1511558 Alberta Inc., 0739796 BC Ltd., 517769 BC Ltd., and
0760180 BC Ltd. (collectively, the "Vendors") dated May 5, 2010 (the
"Agreement") under which the Company will acquire a 100% interest in ten oil
and gas leases covering approximately 3,659 acres (5.6 sections) of land in
southeastern Saskatchewan and southwestern Manitoba.
As consideration for the acquisition the Company will pay to the Vendors
$997,671.79 in cash, issue 4,000,000 shares and 7,000,000 transferable
warrants exercisable to purchase up to 7,000,000 shares of the Company for
five years after closing at the price of $0.14 per share.
The Company will issue a finder's fee of 913,454 shares to 0865381 BC Ltd.
Private Placement-Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced May 27, 2010:
Number of Shares: 21,260,500 shares
Purchase Price: $0.25 per share
Number of Placees: 163 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Richard Macey Y 100,000
Craig Naughty Y 100,000
Isabel McCusker P 200,000
Louise Berlin P 107,700
Navina Income &
Growth Fund P 400,000
James Harris P 300,000
Paul DiPasquale P 40,000
Robert Shewchuk P 400,000
Harris Watson P 100,000
Stephanie McPherson P 40,000
Shawn McPherson P 40,000
Robert Klenk P 100,000
Finders' Fees: $115,040 cash and 460,160 warrants payable to
Canaccord Genuity Corp.
$24,000 cash and 96,000 warrants payable to CIBC
Wood Gundy
$8,280 cash and 33,120 warrants payable to
Macquarie Private Wealth
$800 cash and 3,200 warrants payable to MGI
Securities Inc.
$39,330 cash and 157,320 warrants payable to
Northern Securities Inc.
$291,542.51 cash and 1,166,050 warrants payable
to Novadx Ventures Corp.
$6,600 cash and 26,400 warrants payable to PI
Financial Corp.
$8,000 cash and 32,000 warrants payable to
Redwood Asset Management Inc.
$28,000 cash and 112,000 warrants payable to
Union Securities Ltd.
- Finder's fee warrants are exercisable at $0.25
per share for five years.
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.
For further information see the Company's news releases dated May 6, 2010
and July 15, 2010 which are available under the Company's profile on SEDAR.
------------------------------
FRONTLINE GOLD CORPORATION ("FGC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to
a Property Acquisition Agreement dated July 29 and August 8, 2010, whereby the
Company may acquire an initial 70% interest in 12 claims located in the Skeena
Mining Division, in the province of British Columbia (the "Poly Property").
In order to obtain the initial 70% interest, the Company is required to
issue 362,000 common shares (130,000 within the first year upon signing,
37,000 of which in lieu of an initial $5,000 cash payment upon signing), pay
$165,000 in cash ($25,000 of which within the first year where $5,000 to be
settled in common shares, as per above), and carry-out $1,500,000 in
exploration work ($550,000 within the first year upon signing).
Upon earning the initial 70% interest in the Poly Property, the Company
may acquire the remaining 30% by making cash payments of $500,000 for each
incremental 5%, for a total of $3,000,000.
The Vendors will retain a 2.5% Net Smelter Royalty of which each 0.05%
block may be repurchased by the Company for a sum of $750,000 ($3,750,000 for
the total 2.5%).
For further information, please refer to the Company's press release dated
August 11, 2010.
------------------------------
FRONTLINE GOLD CORPORATION ("FGC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to
a Property Acquisition Agreement dated July 29 and August 8, 2010, whereby the
Company may acquire an initial 70% interest in 73 claims located in the Skeena
Mining Division, in the province of British Columbia (the "Stewart Property").
In order to obtain the initial 70% interest, the Company is required to
issue 612,000 common shares (187,000 within the first year upon signing,
37,000 of which in lieu of an initial $5,000 cash payment upon signing), pay
$225,000 in cash ($32,500 of which within the first year where $5,000 to be
settled in common shares, as per above), and carry-out $1,500,000 in
exploration work ($250,000 within the first year upon signing).
Upon earning the initial 70% interest in the Stewart Property, the Company
may acquire the remaining 30% by making cash payments of $500,000 for each
incremental 5%, or a total of $3,000,000.
The Vendors will retain a 2.5% Net Smelter Royalty on the Stewart Property
excluding the Funk Option (see below), of which each 0.05% block may be
repurchased by the Company for a sum of $750,000 ($3,750,000 for the total
2.5%). Further, certain tenures within the property are subject to a 2% Net
Smelter Royalty in favour of one of the vendors. This royalty may also be
repurchased by the Company for a sum of $750,000 ($3,000,000 for the total
2%).
For further information, please refer to the Company's press release dated
August 11, 2010.
------------------------------
NORTHERN SHIELD RESOURCES INC. ("NRN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced August 31, 2010:
Number of Shares: 3,700,500 shares
Purchase Price: $0.12 per unit
Warrants: 1,850,250 share purchase warrants to purchase
1,850,250 common shares
Warrant Exercise Price: $0.17 per share for a period of two years
Number of Placees: 22 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Units
David Elliot P 200,000
Andrew Williams P 150,000
Mark Fedosiewich P 250,000
Richard Herman P 200,000
No Finder's Fee
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.
------------------------------
PACIFIC COAST NICKEL CORP. ("NKL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced August 3, 2010:
Number of Shares: 5,533,441 flow-through shares
Purchase Price: $0.05 per share
Warrants: 2,545,000 share purchase warrants to purchase
2,545,000 shares
Warrant Exercise Price: $0.10 for a two year period
Number of Placees: 7 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P No. of Shares
Pathway Quebec Mining
2010 Flow Through LP* Y 3,500,000
MineralFields 2010-V-
Super Flow Through
LP* Y 1,500,000
John R. Kerr Y 145,000(xx)
Crockite Resources Ltd.
(Murray McLaren) Y 178,441(xx)
John Robert Icke Y 120,000(xx)
Roger Foster Y 50,000
* Investment decisions for funds made by Pathway Investment Counsel
(xx) Flow-through shares only, no warrants to be issued to these placees
Finder's Fee: $10,000 cash, 500,000 options exercisable at
$0.05 for two years into units (comprised of one
share and one warrant exercisable at $0.10 for
two years from closing), and 50,000 shares
payable to Limited Market Dealer 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.
------------------------------
PYNG MEDICAL CORP. ("PYT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 2, 2010
TSX Venture Tier 1 Company
Effective at the opening, September 2, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.
------------------------------
SILVER QUEST RESOURCES LTD. ("SQI")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: September 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced August 9, 2010, August 11, 2010 and
August 27, 2010:
Number of Shares: 5,708,332 flow-through shares
5,721,155 non flow-through shares
Purchase Price: $0.75 per flow-through share
$0.65 per non flow-through share
Warrants: 2,860,574 share purchase warrants to purchase
2,860,472 shares
Warrant Exercise Price: $0.75 for a two year period
Number of Placees: 70 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Robert J. Bebluk P 20,000 f/t
John Angus McDonald Y 50,000 f/t
Michael McPhie Y 50,000 f/t
J. Christopher Mitchell Y 20,000 f/t
Brian Reeve P 33,333 f/t
Randy Turner Y 100,000 f/t
Peter Brown P 384,615 nf/t
Joe Lymburner P 20,000 nf/t
Chris Roy P 130,256 nf/t
Graham Saunders P 50,000 nf/t
Duane Veschini P 104,000 nf/t
Derek Webb P 45,000 nf/t
Steven Winokur P 15,500 nf/t
Agent's Fee: BayFront Capital Partners Ltd. will receive a 7%
cash commission of $497,297.48 and 6% in Broker
Warrants that are exercisable into 605,669 non
flow-through units at a price of $0.75 per unit
for a two year period. The units have the same
terms as the non-flow-through offering.
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.
------------------------------
STERLING RESOURCES LTD. ("SLG")
BULLETIN TYPE: Prospectus-Share Offering
BULLETIN DATE: September 2, 2010
TSX Venture Tier 2 Company
Effective August 5, 2010, the Company's Prospectus dated August 5, 2010
was filed with and accepted by TSX Venture Exchange, final receipted by the
Alberta and Ontario Securities Commissions on July 23, 2010. The prospectus
has also been filed under Multilateral Instrument 11-102 Passport System in
the British Columbia, Saskatchewan, Manitoba, New Brunswick, Nova Scotia,
Prince Edward Island and Newfoundland and Labrador Securities Commissions have
issued a receipt for the prospectus. A receipt for the prospectus is deemed to
be issued by the regulator in each of those jurisdictions, if the conditions
of the instrument have been satisfied.
TSX Venture Exchange has been advised that closing occurred on August 12,
2010, for gross proceeds of $44,504,650.
Agents: Wellington West Capital Markets Inc.
Canaccord Genuity Corp.
RBC Dominion Securities Inc.
Stifel Nicolaus Canada Inc.
Maison Placements Canada Inc.
Offering: 23,423,500 shares
Share Price: $1.90 per share
Agents' Commission: 5.5% of the gross proceeds of the Offering.
------------------------------
NEX COMPANIES
SAGITTARIUS CAPITAL CORP. ("SCX.H")
BULLETIN TYPE: Halt
BULLETIN DATE: September 2, 2010
NEX Company
Effective at 7:48 a.m. PST, September 2, 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.
------------------------------
For further information: Market Information Services at 1-888-873-8392, or email: [email protected]
Share this article