VANCOUVER, Sept. 8 /CNW/ -
TSX VENTURE COMPANIES:
AFRICAN METALS CORPORATION ("AFR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. has accepted for filing documentation in
connection with a share purchase and option agreement (the "Agreement") among
African Metals Corporation (the "Company"), Chevalier Resources Inc.
("Chevalier"), TSM Mining Enterprise SPRL ("TSM") and Luisha Mining Enterprise
SPRL ("LME") dated July 16, 2010. Under the Agreement, the Company will
acquire (the "Acquisition") a further 33% interest in LME and the Luisha
Project which consists of 20 parcels of land with an area of 16.2 square
kilometers located 75 kilometers northwest of Lubumbashi, the capital of
Katanga Province, Democratic Republic of Congo. Previously, in March of 2010,
the Company completed the acquisition of its wholly-owned subsidiary
Chevalier, a private company incorporated in Canada that holds a 57% interest
in LME and the Luisha Project.
Under the Agreement, the Company will initially, through Chevalier,
purchase an additional 18% interest in LME in consideration of the issuance of
6,421,233 common shares in the capital of the Company having an aggregate
value of $1,500,000 to TSM at a price of $0.2336 per share. Upon completion of
this initial share purchase, the Company, through Chevalier, will have a 75%
interest in LME and the Luisha Project.
The Agreement further provides that the Company shall have the exclusive
option (the Option") to acquire an additional 15% interest in LME and the
Luisha Project. The Option is exercisable upon the date that the Company
notifies TSM that a Qualified Person has estimated an Indicated Mineral
Resource of 50,000 tonnes of contained copper metal and 5,000 tonnes of
contained cobalt metal. The Company may exercise its Option within 30 days
from the date of such notice and acquire the additional 15% interest in LME
and the Luisha Project in consideration of the issuance of common shares of
the Company having an aggregate value of $1,000,000 at the time the Option is
exercised (at a price not less than $0.2336 per share) and by making a cash
payment of $200,000 to TSM. If the Option is exercised, the Company, through
Chevalier, will have a 90% interest in LME and the Luisha Project.
In conjunction with the exercise of Option, the Company will undertake to
make milestone payments to TSM as follows: (i) upon an estimated Indicated
Mineral Resource of 100,000 tonnes of contained copper metals and 10,000
tonnes of contained cobalt metal on the Luisha Project, the Company will issue
Shares having an aggregate value of $2,000,000 (at a price not less than
$0.2336 per share) and make a cash payment of $500,000; (ii) upon an estimated
Indicated Mineral Resource of 150,000 tonnes of contained copper metals and
15,000 tonnes of contained cobalt metal on the Luisha Project, the Company
will issue Shares having an aggregate value of $1,000,000 (at a price not less
than $0.2336 per share) and make a cash payment of $250,000; and (iii) upon an
estimated Indicated Mineral Resource of 200,000 tonnes of contained copper
metals and 20,000 tonnes of contained cobalt metal on the Luisha Project, the
Company will issue Shares having an aggregate value of $1,000,000 (at a price
not less than $0.2336 per share) and make a cash payment of $250,000.
For further information see the Company's news release dated June 17, 2010
which is available under the Company's profile on SEDAR.
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AM GOLD INC. ("AMG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced August 5, 2010 and September 2,
2010:
Number of Shares: 6,323,660 shares
Purchase Price: $0.30 per share
Warrants: 6,323,660 share purchase warrants to purchase
6,323,600 shares
Warrant Exercise Price: $0.35 for a two year period
Number of Placees: 66 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Nicholas Stajduhar P 50,000
Andrew Statham P 50,000
Campbell Becher P 358,000
Arteom Chudnovsky P 33,500
Alex Watson P 33,500
Cliff Rich P 358,000
Finders' Fees: Canaccord Genuity Corp. - $96,720.00 and 322,400
Broker Warrants that are exercisable into common
shares at $0.35 per share for a two year period.
Jordan Capital Markets Inc. - $3,000.00 and
10,000 Broker Warrants that are exercisable into
common shares at $0.35 per share for a two year
period.
Byron Securities Ltd. - $88,489.80 and 294,966
Broker Warrants that are exercisable into common
shares at $0.35 per share for a two year period.
Macquarie Private Wealth Inc. - $1,500.00 and
5,000 Broker Warrants that are exercisable into
common shares at $0.35 per share for a two year
period.
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.
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ARTEK EXPLORATION LTD. ("RTK")
BULLETIN TYPE: Graduation
BULLETIN DATE: September 8, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has been advised that the Company's shares will be
listed and commence trading on Toronto Stock Exchange at the opening on
September 9, 2010, under the symbol "RTK".
As a result of this Graduation, there will be no further trading under the
symbol "RTK" on TSX Venture Exchange after September 8, 2010, and its shares
will be delisted from TSX Venture Exchange at the commencement of trading on
Toronto Stock Exchange.
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CAPITAL MLB INC. ("MMB.P")
BULLETIN TYPE: Qualifying Transaction-Completed, Delist
BULLETIN DATE: September 8, 2010
TSX Venture Tier 2 Company
Qualifying Transaction:
TSX Venture Exchange has accepted for filing the Company's Qualifying
Transaction described in its Information Circular dated July 28, 2010. As a
result, at the opening on Thursday, September 9, 2010, the Company will no
longer be considered as a Capital Pool Company and the common shares will be
delisted from TSX Venture Exchange.
The Qualifying Transaction consists of the following transactions:
1. the subscription of 4,900,000 Units of Nuvolt Corporation Inc.
("Nuvolt") at a price of $0.10 per unit for an aggregate amount of
$490,000;
2. the distribution of the Units of Nuvolt to the shareholders of
Capital MLB Inc. ("MLB"). MLB's shareholders received approximately
1.337 Unit of Nuvolt for each share of MLB. Nuvolt's Units were
issued, by way of a private placement, at a price of $0.10 per unit.
Each unit consisting of 1 common share and one-half warrant. Each
whole warrant entitles the holder to purchase one common share at
$0.20 for a period of 36 months; and
3. the voluntary dissolution of the Company.
The Exchange has been advised that the subscription, the distribution of
Nuvolt Units and the liquidation, approved by the minority shareholders on
August 23, 2010, have been completed. The Exchange has received confirmation
that the Company will be dissolved shortly.
For further information, please refer to the Company's Information
Circular dated July 28, 2010 that is available on SEDAR.
Delist:
Effective at the opening of business on Thursday, September 9, 2010, the
common shares will be delisted from TSX Venture Exchange.
CAPITAL MLB INC. ("MMB.P")
TYPE DE BULLETIN : Opération admissible, Radiation de la cote
DATE DU BULLETIN : Le 8 septembre 2010
Société du groupe 2 de TSX Croissance
Opération admissible :
Bourse de croissance TSX a accepté le dépôt des documents de la société
relativement à son opération admissible décrite dans sa circulaire de
sollicitation de procurations datée du 28 juillet 2010. Conséquemment, à
l'ouverture des marchés, le jeudi 9 septembre 2010, la société ne sera plus
considérée comme une société de capital de démarrage et les actions ordinaires
seront radiées de la cote de la Bourse de croissance TSX.
L'opération admissible consiste en les opérations suivantes :
1. la souscription, pour un montant de 490 000 $, à 4 900 000 unités de
Corporation Nuvolt Inc. ("Nuvolt"), au prix de 0,10 $ par unité;
2. la distribution des unités de Nuvolt aux actionnaires de Capital MLB
inc. ("MLB"). Les actionnaires de MLB ont reçu approximativement
1,337 unité de Nuvolt en contrepartie de chaque action de MLB
détenue. Les unités de Nuvolt ont été émises par voie de placement
privé, au prix de 0,10 $ l'unité. Chaque unité étant composée d'une
action ordinaire et d'un-demi bon de souscription. Chaque bon de
souscription entier permet au porteur d'acheter une action ordinaire
au prix de 0,20 $ par action pour une période de 36 mois; et
3. la dissolution volontaire de la société.
La Bourse a été avisée que la souscription, la distribution des unités de
Nuvolt et la liquidation, approuvées par les actionnaires minoritaires le 23
août 2010, ont été complétées. La Bourse a reçu confirmation que la société
sera dissoute sous peu.
Pour de plus amples renseignements, veuillez référer à la circulaire de
sollicitation de procurations datée du 28 juillet 2010, qui est disponible sur
SEDAR.
Radiation de la cote :
Les actions ordinaires de la société seront radiées de la cote de la
Bourse de croissance TSX à l'ouverture des affaires le jeudi 9 septembre 2010.
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CGX ENERGY INC. ("OYL")
BULLETIN TYPE: Prospectus-Share Offering
BULLETIN DATE: September 8, 2010
TSX Venture Tier 2 Company
Effective August 10, 2010, the Company's Short Form Prospectus dated
August 10, 2010 was filed with and accepted by TSX Venture Exchange, and filed
with and receipted by the British Columbia, Alberta, Saskatchewan, Manitoba,
New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador
Commissions, pursuant to the provisions of the British Columbia, Alberta,
Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island,
Newfoundland and Labrador Securities Acts.
TSX Venture Exchange has been advised that closing occurred on August 17,
2010, for gross proceeds of CDN$20,000,000.
Agents: Cormark Securities Inc., RBC Dominion Securities
Inc., Canaccord Genuity Corp., Dundee Securities
Corporation, MacQuarie Capital Markets Canada
Ltd., Jennings Capital Inc. and Toll Cross
Securities Inc.
Offering: 40,000,000 shares (including over-allotment
option)
Share Price: $0.50 per share
Commission: CDN$1,100,000
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CURRIE ROSE RESOURCES INC. ("CUI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced August 23, 2010:
Number of Shares: 16,666,667 shares
Purchase Price: $0.06 per share
Warrants: 8,333,333 share purchase warrants to purchase
8,333,333 shares
Warrant Exercise Price: $0.10 for an eighteen-month period
Number of Placees: 44 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Anthony Oram P 1,965,000
David Durnie P 50,000
Pinetree Resource
Partnership Y 2,500,000
Finders' Fees: $13,440 cash and 280,000 warrants payable to
Jordan Capital Markets Inc.
$12,000 cash and 250,000 warrants payable to
Canaccord Genuity Corp.
$1,560 cash and 32,500 warrants payable to Union
Securities Ltd.
$1,440 cash and 30,000 warrants payable to David
Pincin
$1,440 cash and 30,000 warrants payable to Hakol
Partners (Susan Sheldrake)
$1,632 cash and 34,000 warrants payable to Fab
Carella
$12,000 cash and 250,000 warrants payable to
Longwave Strategies
$480 cash and 10,000 warrants payable to Haywood
Securities Inc.
$1,440 cash and 30,000 warrants payable to
Mackie Research Capital Corporation
- Finder's fee warrants are exercisable at $0.10
per share for an eighteen-month period.
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.
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DARFORD INTERNATIONAL INC. ("WUF")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced May 14, 2010:
Number of Shares: 1,400,000 shares
Purchase Price: $0.25 per share
Warrants: 700,000 share purchase warrants to purchase
700,000 shares
Warrant Exercise Price: $0.30 for a one year period
Number of Placees: not known
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Darcy Bomford Y 800,000
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.)
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MAPLE LEAF REFORESTATION INC. ("MPE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 8, 2010
TSX Venture Tier 2 Company
This is the second and final tranche closing
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced July 2, 2010 and July 21, 2010:
Number of Shares: 2,350,000 common shares
Purchase Price: $0.10 per unit
Warrants: 2,350,000 share purchase warrants to purchase
2,350,000 common shares
Warrant Exercise Price: $0.20 for a period of two years
Number of Placees: 8 placees
No Insider/Pro Group Participation
Finders' Fees: Dave Clarke - $6,800 cash
Stephanie Fox - $1,600 cash
Cheryl Yee - $1,600 cash
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.
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NORONT RESOURCES LTD. ("NOT")("NOT.WT")
BULLETIN TYPE: Company Tier Reclassification
BULLETIN DATE: September 8, 2010
TSX Venture Tier 2 Company
In accordance with Policy 2.5, the Company has met the requirements for a
Tier 1 company. Therefore, effective September 9, 2010, the Company's Tier
classification has changed from Tier 2 to 1:
Classification
Tier 1
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ROCKLAND MINERALS CORP. ("RL")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: September 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced September 2, 2010:
Number of Shares: 2,857,142 shares
Purchase Price: $0.175 per share
Warrants: 1,428,571 share purchase warrants to purchase
1,428,571 shares
Warrant Exercise Price: $0.27 for a one year period
$0.35 in the second year
Number of Placees: 3 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
MineralFields 2010-II
Super Flow-Through
LP* Y 173,714
MineralFields 2010-V
Super Flow-Through
LP* Y 1,254,857
Pathway Mining 2010
Flow-Through LP* Y 1,428,571
* Investment decisions for all funds made by Pathway Investment Counsel
Agent's Fee: $25,000 and 285,714 Agent Options, exercisable
at $0.175 for a two year period into one common
share and one-half of one share purchase warrant
with the same terms as above, 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.)
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SACRE-COEUR MINERALS, LTD. ("SCM")
BULLETIN TYPE: Halt
BULLETIN DATE: September 8, 2010
TSX Venture Tier 1 Company
Effective at the opening, September 8, 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.
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SACRE-COEUR MINERALS, LTD. ("SCM")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 8, 2010
TSX Venture Tier 1 Company
Effective at 8:15 a.m., PST, September 8, 2010, shares of the Company
resumed trading, an announcement having been made over StockWatch.
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VENTRIPOINT DIAGNOSTICS LTD. ("VPT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: September 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue an aggregate of 1,662,889 common shares at a price of $0.075 per share.
The Company proposes to issue 581,211 common shares to employees and former
employees in recognition of the completion of development milestones ahead of
schedule, 645,268 common shares for outstanding salaries for the months of
April and May, 2008, 424,159 common shares to non-officer directors and
consultants as payment for services rendered from July through to December,
2008, and 12,251 common shares as part of the Company's employee retention
plan.
Number of Creditors: 16 Creditors
Insider Participation:
Shares
Danny Dalla-Longa 15,000
Treuman P. Katz 15,000
Udo Henseler 15,000
Eldon R. Smith 15,000
Scott Ashley 288,681
Edward Garth 222,688
The Company shall issue a news release when the shares are issued and the
debt extinguished.
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ZAIO CORPORATION ("ZAO")
BULLETIN TYPE: Warrant Term Extension, Amendment
BULLETIN DATE: September 8, 2010
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated June 14, 2010 the
bulletin should have read as follows:
No. of Warrants: 4,412,252
Note private placement was closed in
2 tranches
Original Expiry Date of Warrants: 756,000 warrants on October 6, 2010
3,656,252 warrants on October 30,
2010
New Expiry Date of Warrants: 4,412,252 warrants October 30, 2011
Exercise Price of Warrants: $0.25
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NEX COMPANIES:
BRADMER PHARMACEUTICALS INC. ("BMR.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 8, 2010
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced on July 5, 2010:
Number of Shares: 5,263,157 shares
Purchase Price: $0.095 per share
Number of Placees: 15 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Paul Van Damme Y 500,000
Robert Tessarolo Y 131,578
Perry N. Dellelce Y 352,427
Peter Rockandel P 1,052,631
Alan Ezrin Y 263,157
Finder's Fee: Cash commission of $19,075.97 and up to 200,799
warrants at an exercise price of $0.10 per share
for a term of 12 months payable to Wildlaw
Capital Markets 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).
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MATCH CAPITAL RESOURCES CORPORATION ("MHC.H")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Private
Placement-Non-Brokered
BULLETIN DATE: September 8, 2010
NEX Company
TSX Venture Exchange has accepted for filing, an Option Agreement dated
July 26, 2010 between the Company and Western Troy Capital Resources Inc.
("Western Troy") whereby the Company can acquire a 50% interest in the Indian
Lake Property, Schefferville, Quebec from Western Troy. The total aggregate
consideration for a 50% interest consists of $250,000 in required exploration
expenditures only.
Insider/Pro Group Participation: N/A
TSX Venture Exchange has also accepted for filing documentation with
respect to a Non-Brokered Private Placement announced on July 27, 2010:
Number of Shares: 5,000,000 shares
Purchase Price: $0.10 per share
Warrants: 2,500,000 share purchase warrants to purchase
2,500,000 shares
Warrant Exercise Price: $0.25 for a one year period
Number of Placees: 18 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Mourin Investments
Corp. Y 700,000
Elizabeth Kirkwood Y 100,000
Finder's Fee: $3,000 cash payable to Norstar Securities LP.
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.
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SAGITTARIUS CAPITAL CORP. ("SCX.H")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: September 8, 2010
NEX Company
Further to TSX Venture Exchange Bulletin dated September 2, 2010,
effective at the opening, September 8, 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.
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ZARUMA RESOURCES INC. ("ZMR.H")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: September 8, 2010
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to
a 90 day extension in the Maturity Date of a Non-Brokered Private Placement
announced September 3, 2010 and previously accepted for filing by the Toronto
Stock Exchange effective September 21, 2009:
Series A Convertible
Debenture: $100,000
Conversion Price: Convertible into one common share at $0.05 of
principal outstanding.
Maturity date: December 14, 2010
Interest rate: 10% per annum
Number of Placees: 1 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ Principal Amount
Frank van de Water Y $100,000
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