VANCOUVER, Sept. 20 /CNW/ -
TSX VENTURE COMPANIES
AFRICA OIL CORP. ("AOI")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
Further to the bulletin dated March 15, 2010, TSX Venture Exchange has
accepted for filing an Amending Agreement in respect of the Farmout Agreement
dated July 29, 2010 made between Canmex Holdings (Bermuda) II Ltd., Africa Oil
Kenya BV, Africa Oil Corp. and Lion Energy. The farm-out agreement between the
parties has been amended so that Lion Energy will reduce its participating
interest in the production sharing contract in Block 10BB from 20% to 10% and
will not retain any participant interest in the production sharing contract in
respect of Block 10A (originally 25% interest). Consideration for the
amendment is US$2,500,000 and 2,500,000 common shares. The Company has also
agreed to the elimination of future expenditure promotes in Block 10BB and on
the Company's projects in Puntland (Somalia).
------------------------------
AUGEN GOLD CORP. ("GLD")
BULLETIN TYPE: Warrant Term Amendment
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the amendment to the expiry date of
the following warrants:
Private Placement:
No. of Warrants: 5,750,000
Original Expiry Date of Warrants: December 17, 2014
New Expiry Date of Warrants: October 27, 2014
Exercise Price of Warrants: $0.20
These warrants were issued pursuant to a private placement of 7,150,000
shares with 7,150,000 flow-through share purchase warrants attached, which was
accepted for filing by the Exchange effective December 17, 2009.
Private Placement:
No. of Warrants: 4,700,000
Original Expiry Date of Warrants: January 29, 2015
New Expiry Date of Warrants: October 27, 2014
Exercise Price of Warrants: $0.20
These warrants were issued pursuant to a private placement of 4,700,000
shares with 4,700,000 flow-through share purchase warrants attached, which was
accepted for filing by the Exchange effective February 11, 2010.
------------------------------
AUGEN GOLD CORP. ("GLD")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced August 13, 2010:
Number of Shares: 1,110,000 flow-through shares and
3,070,000 non flow-through shares
Purchase Price: $0.22 per flow-through share
$0.17 per non flow-through share
Warrants: 4,180,000 share purchase warrants to purchase
4,180,000 shares
Warrant Exercise Price: $0.25 until March 1, 2012
Number of Placees: 22 placees
Agent's Fee: An aggregate of CDN$61,288 in cash and 334,400
broker warrants payable to Industrial Alliance
Securities Inc. and Secutor Capital Management
Corporation. Each broker warrant entitles the
holder to acquire one common share at $0.25
until March 1, 2012.
For further details, please refer to the Company's news release dated
September 2, 2010.
------------------------------
BELMONT RESOURCES INC. ("BEA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 20, 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 September 1,
2010:
Number of Shares: 1,900,000 shares
Purchase Price: $0.05 per share
Warrants: 1,900,000 share purchase warrants to purchase
1,900,000 shares
Warrant Exercise Price: $0.10 for a one year period
$0.15 in the second year
Number of Placees: 11 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.
------------------------------
BLACKBIRD ENERGY INC. ("BBI")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
Effective at the opening Tuesday, September 21, 2010, trading in the
Company's shares will resume.
This resumption of trading does not constitute acceptance of the Company's
previously announced proposed acquisition of Thani Netherlands Holding B.V.
from Thani Emirates Petroleum Cooperatief U.A. (the 'Reverse Takeover') (as
described in the Company's press release of September 2, 2010), and should not
be construed as an assurance of the merits of the transaction or the
likelihood of completion. The Company is required to submit all of the
required initial documentation relating to the Reverse Takeover within 75 days
of the issuance of the news release. IF THIS DOCUMENTATION IS NOT PROVIDED, OR
IS INSUFFICIENT, A TRADING HALT MAY BE RE-IMPOSED.
Completion of the transaction is subject to a number of conditions,
including but not limited to, Exchange acceptance. There is a risk that the
transaction will not be accepted or that the terms of the transaction may
change substantially prior to acceptance. SHOULD THIS OCCUR, A TRADING HALT
MAY BE RE-IMPOSED.
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BOWOOD ENERGY INC. ("BWD")("BWD.R")
BULLETIN TYPE: Prospectus-Share Offering, New Listing- Receipts
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
Effective September 15, 2010, the Company's Prospectus dated September 15,
2010 was filed with and final receipted by the Alberta and Ontario Securities
Commissions on September 15, 2010. The prospectus has also been filed under
Multilateral Instrument 11-102 Passport System with the British Columbia,
Saskatchewan and Manitoba Securities Commissions who 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. The Exchange has now been advised that the Offering will
close on September 21, 2010.
TSX Venture Exchange has been advised that the closing will occur on
September 21, 2010, for gross proceeds of $20,000,000.
Agents: GMP Securities L.P.
Haywood Securities Inc.
Offering: 88,000,000 subscription receipts ("Receipts"),
which includes 8,000,000 Receipts issued
pursuant to the over-allotment option described
below.
Share Price: $0.25 per Receipt
Each Receipt is converted into one common share
upon closing of the transaction as announced in
the Company's press release dated September 7,
2010 (the "Acquisition").
Agents' Commission: 6% of the gross proceeds of the Offering.
Greenshoe Option: The Agent may over-allot the shares in
connection with this offering and the Company
has granted to the Agent, an option to purchase
8,000,000 additional Receipts at $2,000,000
gross, up to the close of business October 21,
2010. The over-allotment option may be for
8,000,000 common shares if the Acquisition
occurs before the over-allotment option is
exercised.
Effective at the opening Tuesday, September 21, 2010, the Receipts of the
Company will commence trading on TSX Venture Exchange. The Company is
classified as an 'Oil and Gas Exploration' company.
The Company is presently trading on the TSX Venture Exchange under the
symbol BWD.
Corporate Jurisdiction: Canada Business Corporations Act
Capitalization: 88,000,000 Receipts authorized
80,000,000 Receipts issued and outstanding
Escrowed Shares: N/A
Transfer Agent: Olympia Trust Company
Receipt Trading Symbol: BWD.R (new)
Receipt CUSIP Number: 103066 1 14 (new)
Sponsoring Member: GMP Securities L.P.
For further information, please refer to the Company's Short Form
Prospectus dated September 15, 2010.
------------------------------
CALYPSO URANIUM CORP. ("CLP")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing an
option agreement (the "Agreement") between Calypso Uranium Corp. (the
"Company"), Energia Mineral Inc. ("Energia"), a wholly-owned subsidiary of the
Company, and Cameco Corporation ("Cameco") dated effective August 1, 2010
under which Cameco has been granted an option to acquire a 51% equity interest
in Energia which holds the majority of the Company's uranium projects in
Argentina. In order to acquire a 51% interest in Energia Cameco must invest
$9,000,000 in exploration and development on the uranium projects in Argentina
over a three year period. The Agreement provides that the first $3,000,000 is
a firm commitment and the balance will be at Cameco's discretion.
For further information, see the Company's news release dated April 13,
2010 which is available under the Company's profile on SEDAR.
------------------------------
CARBON FRIENDLY SOLUTIONS INC. ("CFQ")
BULLETIN TYPE: Halt
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
Effective at 6:04 a.m. PST, September 20, 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.
------------------------------
CLEARFORD INDUSTRIES INC. ("CLI")
BULLETIN TYPE: Halt
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
Effective at 6:29 a.m. PST, September 20, 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.
------------------------------
CLEARFORD INDUSTRIES INC. ("CLI")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
Effective at 8:15 a.m. PST, September 20, 2010, shares of the Company
resumed trading, an announcement having been made over StockWatch.
------------------------------
COLUMBUS SILVER CORPORATION ("CSC")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
two Amended Convertible Debentures announced September 10, 2010.
The Amended Convertible Debentures were initially issued on August 14,
2007 ($850,000), September 1, 2007 and amended on August 19, 2008
(US$540,465). Both Debentures had a maturity date of August 31, 2010 with a
conversion price of $0.25.
Convertible Debenture: US$540,465.12
CDN$850,000
Conversion Price: $0.10
Convertible into 5,598,137 common shares (based
on September 10, 2010 Exchange Rate)
Convertible into 8,500,000 common shares
Maturity date: August 31, 2012
Interest rate: 5%
Number of Placees: 1 placee
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ Principal Amount
Columbus Gold
Corporation Y US$540,465.12
CDN$850,000.00
------------------------------
EL CONDOR MINERALS INC. ("LCO")
BULLETIN TYPE: Halt
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
Effective at 6:03 a.m. PST, September 20, 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.
------------------------------
ERIN VENTURES INC. ("EV")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 214,286 shares at a deemed price of $0.07, in consideration of certain
services provided to the company pursuant to an agreement dated January 1,
2010.
Insider/Pro Group Participation:
Deemed
Insider equals Y/ Amount Price No. of
Creditor Progroup equals P Owing per Share Shares
David Fallis Y $15,000 $0.07 214,286
The Company shall issue a news release when the shares are issued.
------------------------------
GALORE RESOURCES INC. ("GRI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced August 26, 2010:
Number of Shares: 10,250,000 shares
Purchase Price: $0.20 per share
Warrants: 10,250,000 share purchase warrants to purchase
10,250,000 shares
Warrant Exercise Price: $0.30 for a one year period
Number of Placees: 95 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Michael W. Byrne Y 1,834,000
Ray Torresan Y 150,000
Uwe Schmidt Y 150,000
Lee B. Wheeler Y 500,000
Dane Hatton P 100,000
Ian MacPherson P 25,000
Raymond Martin P 150,000
David Hamilton-Smith P 100,000
Ken Coe P 200,000
David J. Giefing P 50,000
Mike Siggs P 50,000
Andrew Statham P 75,000
Finders' Fees: $8,000 and 50,000 Finder Options payable to
Haywood Securities Inc.
$3,200 and 20,000 Finder Options payable to
Bolder Investment Partners Inc.
$26,800 and 167,500 Finder Options payable to
Canaccord Genuity Corp.
$3,800 and 23,750 Finder Options payable to
Leede Financial Services Inc.
$16,800 and 105,000 Finder Options payable to
Presidio Financial Services, Inc.
$22,240 and 139,000 Finder Options payable to
Macquarie Private Wealth Inc.
$2,080 and 13,000 Finder Options payable to
Wolverton Securities Inc.
- Each Finder Option is exercisable at $0.20 for
a one year period into one common share and one
share purchase warrant with 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.)
------------------------------
GOLDEN BAND RESOURCES INC. ("GBN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 20, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to
the second and final tranche of a Non-Brokered Private Placement announced
June 22, 2010 and June 25, 2010:
Number of Shares: 3,002,500 flow-through shares
512,714 non-flow-through shares
Purchase Price: $0.40 per flow-through share
$0.35 per non-flow-through share
Warrants: 1,501,250 flow-through share purchase warrants
to purchase 1,501,250 common shares at $0.50 per
share to December 31, 2010 and at $0.55 per
share to August 31, 2011
256,357 non-flow-through share purchase warrants
to purchase 256,357 common shares at $0.45 per
share to December 31,2010 and at $0.50 per share
to August 31, 2011
Number of Placees: 40 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
William G. Mactaggart P 125,000
William D. Mactaggart P 62,500
David Bromely P 62,500
Robert Kerr P 37,500
Finders' Fees: Northern Securities Inc. - $3,297 and 9,420
Finder's Warrants that are exercisable into
common shares at $0.45 per share to August 31,
2011.
Macquarie Private Wealth Inc. (Vancouver) -
$1,050 and 3,000 Finder's Warrants that are
exercisable into common shares at $0.45 per
share to August 31, 2011.
Macquarie Private Wealth Inc. (Calgary) -
$26,160 and 65,400 Finder's Warrants that are
exercisable into common shares at $0.45 per
share to August 31, 2011.
CIBC Wood Gundy - $7,200 and 18,000 Finder's
Warrants that are exercisable into common shares
at $0.45 per share to August 31, 2011.
National Bank Financial - $14,940 and 37,350
Finder's Warrants that are exercisable into
common shares at $0.45 per share to August 31,
2011.
Odlum Brown Limited - $3,600 and 119,000
Finder's Warrants that are exercisable into
common shares at $0.45 per share to August 31,
2011.
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.
------------------------------
ITHACA ENERGY INC. ("IAE")
BULLETIN TYPE: Amendment, Warrant Price Amendment
BULLETIN DATE: September 20, 2010
TSX Venture Tier 1 Company
AMENDMENT:
Further to the TSX Venture Exchange Bulletin dated September 14, 2010 the
Exchange has accepted an amendment with respect to a reduction in the warrant
exercise price:
Expiry Date of Warrants: The earlier of 6 months after the date
the Field Development Plan is approved
for the Athena project (See Company
press release dated September 19, 2006)
or September 18, 2011
New Exercise Price of Warrants: CAD $2.25
------------------------------
JERICO EXPLORATIONS INC. ("JRC")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
Effective at 10:30 a.m. PST, September 20, 2010, shares of the Company
resumed trading, an announcement having been made over StockWatch.
------------------------------
LABRADOR TECHNOLOGIES INC. ("LTX")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 150,000 shares to settle outstanding debt for $9,000.
Number of Creditors: 1 Creditor
No Insider/Pro Group Participation
The Company shall issue a news release when the shares are issued and the
debt extinguished.
------------------------------
METANOR RESOURCES INC. ("MTO")
BULLETIN TYPE: Private Placement- Brokered
BULLETIN DATE: September 20, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the documentation with
respect to a Brokered Private Placement announced on July 20, 2010:
Number of Shares: 4,902,992 flow-through common shares
Purchase Price: $0.65 per common share
Agent's Fee: Northern Securities Inc. received $223,086 in
cash.
The Company has confirmed the closing of the Private Placement by way of
press release dated July 30, 2010.
RESSOURCES MÉTANOR INC. ("MTO")
TYPE DE BULLETIN : Placement privé par l'entremise d'un courtier
DATE DU BULLETIN : Le 20 septembre 2010
Société du groupe 1 de TSX Croissance
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 20
juillet 2010 :
Nombre d'actions : 4 902 992 actions ordinaires accréditives
Prix : 0,65 $ par action ordinaire
Commission à l'agent : Northern Securities Inc. a reçu 223 086 $ en
espèces.
La société a confirmé la clôture du placement privé par voie d'un
communiqué de presse daté du 30 juillet 2010.
------------------------------
MINAURUM GOLD INC. ("MGG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement dated
August 18, 2010 between Minaurum Gold Inc. (the 'Company') and Minera Mariposa
S.A. de C.V. (Peter K.M. Megaw, Porfirio C.A. Padilla-Lara, Carl Kuehn, and
David McKinley Jones), whereby the Company will acquire a 100% interest in the
Jackie Project (comprised of 5,025 hectares) located in Guerrero State,
Mexico.
Total consideration consists of US$350,000 in cash payments and 850,000
shares of the Company as follows:
CASH SHARES
Within five days of Exchange approval US$25,000 0
Within 60 days of Exchange approval US$0 175,000
Year 1 US$50,000 175,000
Year 2 US$100,000 225,000
Year 3 US$175,000 275,000
We note that if the cash payments are accelerated, there will be a
decrease in amount required to be paid. Upon commencement of commercial
production, the company will pay the lesser of US$5,000,000 or 1,000,000
common shares with a deemed price as of the date of issue.
In addition, there is a 2% non-dilutable and fully assignable net smelter
return relating to the acquisition. Mexican Federal and State Royalties, if
any, shall be deducted as an expense prior to the calculation of the net
smelter return.
------------------------------
PERSHIMCO RESOURCES INC. ("PRO")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to
the of arm's length acquisition of all the issued and outstanding shares of
Minera Cerro Quema S.A. for the following consideration:
a) the issuance of 4,500,000 units at a deemed issue price of $0.35 per
unit. Each unit is composed of one share and one-half of a share
purchase warrant. Each whole warrant entitles the holder to acquire
one common share for a period of five years at a price of $0.45 per
share during the first year and at a price increasing annually by
$0.20 per share for the remaining term of the warrants;
b) the issuance of 4,000,000 common shares at a deemed issue price of
$0.35 per share; and
c) cash payments of a total of around $3,350,000, of which a total of
around $1,550,000 has been paid at the closing and US$1,800,000 will
be paid over a period of 8 months starting March 11, 2011.
Furthermore, the Company must also assume and pay certain expenditures
relating to the development and field work as well as the care and maintenance
cost of the project in an amount of US$952,655.
Please refer to the Company's press releases dated December 31, 2009,
January 25, 2010 and September 10 and 17, 2010.
RESSOURCES PERSHIMCO INC. ("PRO")
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 20 septembre 2010
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation
relativement à l'acquisition auprès d'une partie transigeant à distance avec
la société, de la totalité des actions émise set en circulation de Minera
Cerro Quema S.A pour la considération suivante :
a) l'émission de 4 500 000 unités au prix réputé de 0,35 $ l'unité.
Chaque unité est composée d'une action ordinaire et d'un demi-bon de
souscription. Chaque bon de souscription entier permet au porteur
d'acquérir une action ordinaire, pour une période de 5 ans, au prix
de 0,45 $ l'action au cours de la première année et au prix augmenté
de 0,20 $ par action par année jusqu'à l'échéance du bon de
souscription;
b) l'émission de 4 000 000 d'actions au prix réputé de 0,35 $ l'action;
et
c) des paiements en espèces totalisant environ 3 350 000 $, dont la
somme d'environ 1 550 000 $ a été payée lors de la clôture et le
solde de 1 800 000 $ US sera payé au cours d'une période de 8 mois
débutant le 11 mars 2011.
De plus, la société devra assumer et payer certaines dépenses d'un montant
de 952 655 $ US relatives aux développement et travaux sur le terrain ainsi
que les coûts d'entretien et de maintenance du projet.
Veuillez-vous référer aux communiqués de presse émis par la société les 31
décembre 2009, 25 janvier 2010 et 10 et 17 septembre 2010.
------------------------------
PMI GOLD CORPORATION ("PMV")
BULLETIN TYPE: Halt
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
Effective at 6:37 a.m. PST, September 20, 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.
------------------------------
PUGET VENTURES INC. ("PVS")
BULLETIN TYPE: Halt
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
Effective at 6:03 a.m. PST, September 20, 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.
------------------------------
PUGET VENTURES INC. ("PVS")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated September 20, 2010,
effective at 9:55 a.m. PST, September 20, 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.
------------------------------
RICHMOND MINERALS INC. ("RMD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced September 9, 2010:
Number of Shares: 2,000,000 flow through shares
Purchase Price: $0.05 per share
Warrants: 2,000,000 share purchase warrants to purchase
2,000,000 shares
Warrant Exercise Price: $0.15 for a one year period
Number of Placees: 3 placees
Finder's Fee: $3,750, plus 75,000 warrants, each exercisable
into one common share at a price of $0.15 for a
period of one year payable to Norstar Financial
Services Inc.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has
issued a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s). 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.
------------------------------
SILVERMET INC. ("SYI")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced July 26, 2010:
Convertible Debenture: $500,000
Conversion Price: Convertible into one common share at a price of
$0.10 of principal outstanding in the one year
period.
Maturity date: June 30, 2011
Warrants: 5,000,000 warrants. Each whole warrant will have
a term of one year 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 $0.10 within one year.
Interest rate: 13.2%
Number of Placees: 2 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ Principal Amount
Stephen G. Roman Y $250,000
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has
issued a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s).
------------------------------
SILVERMEX RESOURCES LTD. ("SMR")
BULLETIN TYPE: Halt
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
Effective at 7:15 a.m. PST, September 20, 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.
------------------------------
SILVERMEX RESOURCES LTD. ("SMR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
Effective at 10:30 a.m. PST, September 20, 2010, shares of the Company
resumed trading, an announcement having been made over StockWatch.
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SKANA CAPITAL CORP. ("SKN")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated September 17, 2010,
effective at 11:57 a.m. PST, September 20, 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.
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STAR NAVIGATION SYSTEMS GROUP LTD. ("SNA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced September 14, 2010:
Number of Shares: 10,875,000 shares
Purchase Price: $0.12 per share
Warrants: 10,875,000 share purchase warrants to purchase
10,875,000 shares
Warrant Exercise Price: $0.20 for a two year period
Number of Placees: 7 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Dale Sparks Y 908,333
Charles Wyburn Y 50,000
Finder's Fee: $115,400 payable to Legacy Gateway Corp.
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.
------------------------------
SUMMUS CAPITAL CORP. ("SS.P")
BULLETIN TYPE: Notice - QT Not Completed - Approaching 24 Months of
Listing
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
The shares of the Company were listed on TSX Venture Exchange on October
20, 2008. The Company, which is classified as a Capital Pool Company ('CPC'),
is required to complete a Qualifying Transaction ('QT') within 24 months of
its date of listing, in accordance with Exchange Policy 2.4.
The records of the Exchange indicate that the Company has not yet
completed a QT. If the Company fails to complete a QT by its 24-month
anniversary date of October 20, 2010, the Company's trading status may be
changed to a halt or suspension without further notice, in accordance with
Exchange Policy 2.4, Section 14.6.
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SUPREME RESOURCES LTD. ("SPR")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: September 20, 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: 2,396,000
Original Expiry Date of Warrants: September 29, 2010 (500,000 warrants)
November 19, 2010 (1,896,000 warrants)
New Expiry Date of Warrants: June 30, 2011
Exercise Price of Warrants: $0.20
These warrants were issued pursuant to a private placement of 4,792,000
shares with 2,396,000 share purchase warrants attached, which was accepted for
filing by the Exchange effective November 10, 2009.
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TAKU GOLD CORP. ("TAK")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement dated
August 20, 2010 between Taku Gold Corp. (the 'Company') and Cynthia L.
MacDonald, Tom Morgan, Vern Matkovich and Jackie Ziehe, whereby the Company
will acquire a 100% interest in 272 mineral claims known as the Montana
Property located in the Montana Creek area in the Dawson Mining Division of
Yukon Territory.
Total consideration consists of 320,000 shares of the Company,
reimbursement of staking claims (not to exceed $68,000), and annual advance
royalty payments of $5,000 commencing August 20, 2011 which are deductible
against the net smelter return.
There is a 2% net smelter return relating to the acquisition. The Company
may at any time purchase 1% of the net smelter return for $1,000,000 in order
to reduce the total net smelter return to 1%, and is further granted a right
of first refusal to purchase the remaining 1%.
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TAKU GOLD CORP. ("TAK")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement dated
August 20, 2010 between Taku Gold Corp. (the 'Company') and Cynthia L.
MacDonald, Tom Morgan, Vern Matkovich and Jackie Ziehe, whereby the Company
will acquire a 100% interest in 146 mineral claims known as the Quartz
Property located in the Quartz Creek area in the Dawson Mining Division of
Yukon Territory.
Total consideration consists of 165,000 shares of the Company,
reimbursement of staking claims (not to exceed $36,500), and annual advance
royalty payments of $5,000 commencing August 20, 2011 which are deductible
against the net smelter return.
There is a 2% net smelter return relating to the acquisition. The Company
may at any time purchase 1% of the net smelter return for $1,000,000 in order
to reduce the total net smelter return to 1%, and is further granted a right
of first refusal to purchase the remaining 1%.
------------------------------
TAKU GOLD CORP. ("TAK")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement dated
August 20, 2010 between Taku Gold Corp. (the 'Company') and Cynthia L.
MacDonald, Tom Morgan, Vern Matkovich and Jackie Ziehe, whereby the Company
will acquire a 100% interest in 548 mineral claims known as the Sulphur
Property located in the Sulphur Creek area in the Dawson Mining Division of
Yukon Territory.
Total consideration consists of 655,000 shares of the Company,
reimbursement of staking claims (not to exceed $137,000), and annual advance
royalty payments of $5,000 commencing August 20, 2011 which are deductible
against the net smelter return.
There is a 2% net smelter return relating to the acquisition. The Company
may at any time purchase 1% of the net smelter return for $1,000,000 in order
to reduce the total net smelter return to 1%, and is further granted a right
of first refusal to purchase the remaining 1%.
------------------------------
TWOCO PETROLEUMS LTD. ("TWO")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: September 20, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 24,730,202 shares at a deemed price of $0.23 per share in exchange of an
aggregate of $5,687,750.60 of 17% unsecured non-convertible debentures,
including accrued interest. 4,150,000 Warrants were issued to debentureholders
pursuant to a private placement of $8,300,000 debentures, which was accepted
for filing by the Exchange effective April 23, 2009. These Warrants are
unaffected by this exchange and remain exercisable for one common share at
$1.20 until March 31, 2011.
Number of Creditors: 51 Creditors
Insider/Pro Group Participation:
Deemed
Insider equals Y/ Amount Price No. of
Creditor Progroup equals P Owing per Share Shares
314585 Alberta
Ltd. (Larry Mah) Y $103,027.39 $0.23 447,945
Leslie A.
Bashforth Y $128,784.24 $0.23 559,931
Rhonda Malinwoski Y $103,027.39 $0.23 447,945
James A. W.
Williams Y $82,421.92 $0.23 358,356
Cavendish
Investing Ltd.
(Carlyn Dahl) Y $103,0273.97 $0.23 4,479,452
Wayne Malinowski Y $376,050.00 $0.23 1,635,000
Lina Malinwoski Y $25,896.58 $0.23 112,593
Terrance F. White Y $25,896.58 $0.23 112,593
Ken Weller Y $103,027.39 $0.23 447,945
The Company shall issue a news release when the shares are issued and the
debt extinguished.
------------------------------
WESTERN POTASH CORP. ("WPX")
BULLETIN TYPE: Halt
BULLETIN DATE: September 20, 2010
TSX Venture Tier 1 Company
Effective at the opening, September 20, 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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WESTERN POTASH CORP. ("WPX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 20, 2010
TSX Venture Tier 1 Company
Effective at 8:00 a.m. PST, September 20, 2010, shares of the Company
resumed trading, an announcement having been made over StockWatch.
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NEX COMPANIES
BI-OPTIC VENTURES INC. ("BOV.H")
BULLETIN TYPE: Halt
BULLETIN DATE: September 20, 2010
NEX Company
Effective at 12:52 p.m. PST, September 20, 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]
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