VANCOUVER, Oct. 8 /CNW/ -
TSX VENTURE COMPANIES
ATLANTA GOLD INC. ("ATG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 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 18, 2010:
Number of Shares: 34,375,000 shares
Purchase Price: $0.16 per share
Warrants: 17,187,500 share purchase warrants to
purchase 17,187,500 shares
Warrant Exercise Price: $0.25 for a two year period
Number of Placees: 49 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Sprott Asset
Management L.P. Y 6,250,000
James Gray Y 1,250,000
Tom Gallant P 100,000
Paul Collins Y 2,500
Matthieu Zysman P 62,500
Finder's Fee: an aggregate of $376,928, plus 2,355,800 finders
options (each exercisable into one common share
at a price of $0.25 for a period of twelve
months) payable to Gilford Capital Inc., Sprott
Asset Management L.P., Deacon & Company, Leede
Financial Markets Inc. and BMO Nesbitt Burns
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.
---------------------------------
BLACK MARLIN ENERGY HOLDINGS LIMITED ("BLM")
BULLETIN TYPE: Delist-Offer to Purchase
BULLETIN DATE: October 8, 2010
TSX Venture Tier 2 Company
Effective at the close of business October 8, 2010 the common shares of
Black Marlin Energy Holdings Limited (the Company) will be delisted from TSX
Venture Exchange. The delisting of the Company's shares results from Afren plc
(Afren) purchasing 100% of the Company's shares pursuant to an Arrangement
Agreement dated June 2, 2010, as amended and restated on August 11, 2010, and
as may be further amended. The Company's shareholders will receive 0.3647
shares of Afren for every one share held. For further information please refer
to the Management Information Circular and Proxy Statement of the Company
dated August 11, 2010 and the Company's news releases dated June 2, August 16,
and September 27, 2010.
---------------------------------
CALDERA RESOURCES INC. ("CDR")
BULLETIN TYPE: Halt
BULLETIN DATE: October 8, 2010
TSX Venture Tier 2 Company
Effective at 6:08 a.m. PST, October 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.
---------------------------------
CHALLENGER DEVELOPMENT CORP. ("CDQ")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Private
Placement-Non-Brokered
BULLETIN DATE: October 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. has accepted for filing documentation in
connection with an option agreement between Challenger Development Corp. (the
"Company") and Musadik Mohamed Ally and Najua Kassira (Ally and Kassira
together the "Optionors") dated July 28, 2010. Under the Option Agreement the
Company has an option to acquire a 70% interest in 47 Primary Mining Licenses
for exploration of gold on property located within the Rwamagaza greenstone
belt approximately 100km south west of Mwanza, Tanzania.
Pursuant to the Option Agreement, the Company may exercise the option to
earn a 70% interest in the Property by making cash payments in the total of
US$750,000 over a three year period, incurring a total of US$3,000,000 in work
expenditure on the Property over three years and issuing 2,000,000 common
shares to the Optionors.
The Optionors shall be entitled to a 2% net smelter return royalty on the
production from the Property. The Company may purchase 1% of the net smelter
return royalty, thereby reducing it to 1% for the price of US$1,000,000.
For further information see the Company's news release dated July 29, 2010
which is available under the Company's profile on SEDAR.
Private Placement-Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced September 16, 2010 and September
30, 2010:
Number of Shares: 6,255,000 shares
Purchase Price: $0.20 per share
Warrants: 6,255,000 share purchase warrants to purchase
6,255,000 shares
Warrant Exercise Price: $0.35 in the first year
$0.40 in the second year
Number of Placees: 58 placees
Insider / Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Anthony Chow P 50,000
Mdhit Mathur P 50,000
Finder's Fee: $20,000 cash payable to 1259603 Alberta Inc.
(Eugene Sekora)
$33,500 cash payable to Li Wei
$5,000 cash payable to Baldev Singh Grewal
$44,000 cash and *220,000 warrants payable to
Canaccord Genuity Corp.
*Warrants are exercisable at $0.35 per share
for one year.
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.
---------------------------------
CHANNEL RESOURCES LTD. ("CHU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced September 15 and September 17,
2010:
Number of Shares: 9,150,000 shares
Purchase Price: $0.17 per share
Warrants: 4,575,000 share purchase warrants to purchase
4,575,000 shares
Warrant Exercise Price: $0.21 in the first year
$0.25 in the second year
Number of Placees: 95 placees
Insider / Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Neil Adshead P 100,000
Finder's Fee: $68,000 cash and 500,000 warrants payable to PI
Financial Corp.
$16,320 cash and 120,000 warrants payable to
Axemen Resource Capital Ltd.
$38,964 cash and 286,500 warrants payable to
Gloval Resource Investments Ltd.
Finder's fee warrants are under the same terms
as those to be issued pursuant to the private
placement.
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.
---------------------------------
COLONIAL COAL INTERNATIONAL CORP. ("CAD")
(formerly Ananda Capital Corp. ("ANN.P"))
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Property-
Asset or Share Purchase Agreement, Private Placement-Brokered, Name
Change and Consolidation, Company Tier Reclassification, Resume Trading
BULLETIN DATE: October 8, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing Ananda
Capital Corp.'s (the "Company") Qualifying Transaction described in its final
prospectus (the "Prospectus") dated September 24, 2010. As a result, effective
at the opening Tuesday, October 12, 2010, the trading symbol for the Company
will change from ANN.P to CAD and the Company will no longer be considered a
Capital Pool Company. The Qualifying Transaction includes the following
matters, all of which have been accepted by the Exchange.
Acquisition of Colonial Coal Corporation:
The Exchange has accepted for filing an Amalgamation Agreement dated July
13, 2010 among the Company, 0884624 B.C. Ltd. ("Subco"), a wholly-owned
subsidiary of the Company, and Colonial Coal Corporation ("Colonial"), as
amended on August 16, 2010. Under the Amalgamation Agreement the parties will
complete a three cornered amalgamation whereby Subco will amalgamate with
Colonial and the securityholders of Colonial will exchange all of their
securities of Colonial with the Company for like-securities of the Company on
a one-for-one basis.
Immediately prior to the completion of the Amalgamation, the Company will
complete a consolidation (the "Consolidation") of its authorized and issued
capital pursuant to which each outstanding common share will be consolidated
on a two (2) for one (1) basis such that each two (2) common Shares will be
consolidated into one (1) post-Consolidation Share.
The Amalgamation will result in the reverse take-over of the Company by
Colonial with the result that the Colonial shareholders will receive
Post-Consolidation Shares. Immediately prior to the Amalgamation, the Company
will effect the Consolidation. Pursuant to the Amalgamation, the Company will
issue 41,720,500 Post-Consolidation Shares to the shareholders of Colonial.
Colonial controls a block of coal licences and coal licence applications
in northeastern British Columbia that collectively comprise the "Huguenot Coal
Project".
The Exchange has been advised that the above transaction has been
completed. The full particulars of the Company's Qualifying Transaction are
set forth in the Prospectus, which has been receipted by the Securities
Commissions of British Columbia, Alberta and Ontario and accepted for filing
by the Exchange and which is available under the Company's profile on SEDAR.
Brokered Private Placement:
TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced June 1, 2010 and July 6, 2010:
Number of Shares: 9,772,000 shares
Purchase Price: $0.77 per share
Warrants: 9,772,000 share purchase warrants to purchase
9,772,000 shares
Warrant Exercise Price: $1.10 for a 36 month period
Number of Placees: 48 placees
Insider / Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Front Street Investment
Management Inc. P 2,600,000
Frank Stronach P 30,000
Haywood Securities Inc.
(Greg Flower as
Portfolio Manager) P 10,000
Jim Cumming P 100,000
John Comi P 10,000
Christine Cappuccitti P 20,000
Grant Caudwell P 50,000
Agent's Fee: Cormark Securities Inc. will receive a cash
commission in the amount of $199,397.66 and
258,958 broker warrants exercisable at $0.77 for
a period of 36 months ("Broker Warrants")
Union Securities Ltd. will receive a cash
commission in the amount of $106,094.60 and
137,785 Broker Warrants
Haywood Securities Inc. will receive a cash
commission in the amount of $35,364.87 and
45,928 Broker Warrants
Raymond James Ltd. will receive a cash
commission in the amount of $35,364.87 and
45,928 Broker Warrants
Name Change and Consolidation:
Pursuant to a resolution passed by shareholders on July 14, 2010, the
Company has consolidated its capital on a 2 old for 1 new basis. The name of
the Company has also been changed to 'Colonial Coal International Corp'.
Effective at the opening Tuesday, October 12, 2010, the common shares of
Colonial Coal International Corp. will commence trading on TSX Venture
Exchange and the common shares of Ananda Capital Corp. will be delisted.
The Company is classified as a 'Mineral Exploration and Development'
company.
Capitalization: Unlimited shares with no par value of which
52,652,500 shares are issued and outstanding
Escrow: 560,000 common shares are subject to an 18-
month staged release escrow.
25,000,000 common shares are subject to an 18-
month staged release escrow.
Transfer Agent: Computershare Trust Company of Canada
Trading Symbol: CAD (new)
CUSIP Number: 195615 10 9 (new)
Resume Trading/Tier Reclassification:
Effective at the opening Tuesday, October 12, 2010, trading in the shares
of the Company will resume.
In accordance with Policy 2.5, the Company has met the requirements for a
Tier 1 company. Therefore, effective October 12, 2010, the Company's Tier
classification will change from Tier 2 to Tier 1.
---------------------------------
CONSOLIDATED ABADDON RESOURCES INC. ("ABN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced September 8, 2010:
Number of Shares: 20,000,000 shares
Purchase Price: $0.05 per share
Warrants: 20,000,000 share purchase warrants to
purchase 20,000,000 shares
Warrant Exercise Price: $0.10 for a three year period
Number of Placees: 58 placees
Insider / Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Nick Desmarais P 50,000
Jeff Findler P 100,000
Donald Huston Y 200,000
Travis McPherson P 50,000
Jim Pettit Y 500,000
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.
---------------------------------
DESTINY MEDIA TECHNOLOGIES INC. ("DSY")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: October 8, 2010
TSX Venture Tier 2 Company
Effective at the opening Tuesday, October 12, 2010, the common shares of
the Company will commence trading on TSX Venture Exchange. The Company is
classified as a 'Software' company.
The Company is presently a Reporting Issuer in British Columbia.
Corporate Jurisdiction: The State of Colorado
Capitalization: 100,000,000 common shares of which
50,907,347 common shares are issued and
outstanding
Escrowed Shares: 10,786,355 common shares
Transfer Agent: Equity Transfer & Trust Company
Trading Symbol: DSY
CUSIP Number: 25063G 20 4
Sponsoring Member: PI Financial Corp.
For further information, please refer to the Company's Listing Application
dated October 6, 2010.
Company Contact: Steven E. Vestergaard, CEO
Company Address: Suite 750, P.O. Box 11527, 650 West Georgia
St.
Vancouver, BC V6B 4N7
Company Phone Number: (604) 609-7736, ext. 222
Company Fax Number: (604) 609-0611
Company Email Address: [email protected]
---------------------------------
DENOVO CAPITAL CORP. ("DVO.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: October 8, 2010
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Prospectus dated July 16, 2010 has
been filed with and accepted by TSX Venture Exchange and the British Columbia,
Alberta and Ontario Securities Commissions effective July 16, 2010, pursuant
to the provisions of the British Columbia, Alberta and Ontario Securities
Acts. The Common Shares of the Company will be listed on TSX Venture Exchange
on the effective date stated below.
The Company has completed its initial distribution of securities to the
public. The gross proceeds received by the Company for the Offering were
$240,000 (1,200,000 common shares at $0.20 per share).
Commence Date: At the opening Tuesday, October 12, 2010, the
Common shares will commence trading on TSX
Venture Exchange.
Corporate Jurisdiction: Alberta
Capitalization: unlimited common shares with no par value of
which
2,350,000 common shares are issued and
outstanding
Escrowed Shares: 1,150,000 common shares
Transfer Agent: Computershare Trust Company of Canada
Trading Symbol: DVO.P
CUSIP Number: 248713 10 9
Sponsoring Member: Haywood Securities Inc.
Agent's Options: 100,000 non-transferable stock options. One
option to purchase one share at $0.20 per
share up to 24 months.
For further information, please refer to the Company's Prospectus dated
July 16, 2010.
Company Contact: A. Murray Sinclair, President, Chief
Executive Officer, Chief Financial Officer,
Corporate Secretary and Director
Company Address: Suite 1028, Bentall 5
550 Burrard Street, Box 61
Vancouver, BC V6C 2B5
Company Phone Number: (604) 689-1428
Company Fax Number: (604) 681-4692
Company Email Address: [email protected]
Seeking QT primarily in these sectors: not specified
---------------------------------
DIVESTCO INC. ("DVT")
BULLETIN TYPE: Notice of a Special Dividend
BULLETIN DATE: October 8, 2010
TSX Venture Tier 1 Company
The Issuer has declared the following dividend:
Dividend per Class A Share: $0.20
Payable Date: October 25, 2010
Record Date: October 19, 2010
Ex-distribution Date: October 15, 2010
---------------------------------
GEORGETOWN CAPITAL CORP. ("GET.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: October 8, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated October 7, 2010, effective
at the opening, October 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.
---------------------------------
JAVA CAPITAL INC. ("JCI.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: October 8, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated September 27, 2010,
effective at the opening, October 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.
---------------------------------
KILO GOLDMINES LTD. ("KGL")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: October 8, 2010
TSX Venture Tier 2Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced July 23, 2010:
Number of Shares: 25,000,000 shares
Purchase Price: $0.20 per share
Warrants: 12,500,000 share purchase warrants to
purchase 12,500,000 shares
Warrant Exercise Price: $0.30 for a two year period
Number of Placees: 16 placees
Insider / Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Steven Isenberg P 100,000
Agent's Fee: an aggregate of $341,000, plus 1,715,000 Agent's
Options (each exercisable at a price of $0.20
for a period of 2 years into one common share
and one-half of one warrant; each whole warrant
further exercisable into one common share at a
price of $0.30 for a period of 2 years, payable
to M Partners Inc. and Vicarage Capital Limited
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.
---------------------------------
MADISON MINERALS INC. ("MMR")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: October 8, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has consented to the extension in the expiry date of
the following warrants:
Private Placement:
No. of Warrants: 984,833
Original Expiry Date of Warrants: October 29, 2010
New Expiry Date of Warrants: October 31, 2011
Exercise Price of Warrants: $0.25
These warrants were issued pursuant to a private placement of 1,969,667
shares with 984,833 share purchase warrants attached, which was accepted for
filing by the Exchange effective October 28, 2009.
---------------------------------
MARKSMEN ENERGY INC. ("MAH")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: October 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to an
Asset Sale Agreement between the Company and a private company ("PrivateCo")
dated August 11, 2010. As per the terms of the Agreement the Company sold
substantially all of its assets other than its Alder Flats oil and gas
property to PrivateCo. In consideration, PrivateCo purchased and subsequently
cancelled all of the Company's outstanding debentures in the amount of
$3,604,000 and the Company issued a promissory note in the amount of $366,000
to PrivateCo. In addition, the Company issued 13,333,333 units (on a
pre-consolidated basis) to PrivateCo at a price of $0.015 per unit (on a
pre-consolidated basis).
---------------------------------
NEWCASTLE MINERALS LTD. ("NCM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement dated
September 29, 2010 between Newcastle Minerals Ltd. (the 'Company') and Pete
Robert and Wade Kornik whereby the Company will acquire a 100% interest in the
Pickle Lake No.5 property comprised of three mineral claims covering
approximately 500 hectares located in Ponsford Township, in northwestern
Ontario.
Total consideration consists of $10,000 in cash payments and 200,000
shares of the Company.
In addition, 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
$1,500,000 in order to reduce the total net smelter return to 1%.
There is a finder's fee of $1,000 cash and 20,000 shares payable to
2125930 Ontario Limited (Sheldon Davis and Robert Robitaille).
---------------------------------
OLYMPIA FINANCIAL GROUP INC. ("OLY")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: October 8, 2010
TSX Venture Tier 1 Company
The Issuer has declared the following dividend:
Dividend per Share: $0.50
Payable Date: October 29, 2010
Record Date: October 19, 2010
Ex-Dividend Date: October 15, 2010
---------------------------------
PARAGON PHARMACIES LIMITED ("PGN")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: October 8, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has been advised by the Company that pursuant to a
Notice of Intention to make a Normal Course Issuer Bid dated October 6, 2010,
it may repurchase for cancellation, up to 4,637,794 shares in its own capital
stock. The purchases are to be made through the facilities of TSX Venture
Exchange during the period October 12, 2010 to October 11, 2011. Purchases
pursuant to the bid will be made by CIBC World Markets Inc. on behalf of the
Company.
---------------------------------
RUBY RED RESOURCES INC. ("RRX")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: October 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a
Properties Agreement between the Company and 1532063 Alberta Inc. ("1532063")
dated September 14, 2010 (the "Agreement"). As per the terms of the Agreement,
1532063 has earned the option to acquire a 60% interest in the Company's
mineral exploration properties in the Purcell Mountain and Rocky Mountain
areas of south east British Columbia. In consideration 1532063 will pay the
Company $50,000 cash and $250,000 exploration work commitments in year one,
$40,000 cash and $500,000 exploration work commitments in year two and $50,000
cash and $500,000 exploration work commitments in year three.
---------------------------------
SAGRES ENERGY INC. ("SGI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 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 27, September 8 and
September 17, 2010:
Number of Shares: 22,857,143 units ("Units")
Each Unit will consist of one common share
and one half of one share purchase warrant
Purchase Price: $0.35 per Unit
Warrants: 11,428,572 share purchase warrants to
purchase 11,428,572 shares
Warrant Exercise Price: $0.55 for up to 18 months from date of
issuance.
Number of Placees: 238 placees
Insider / Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Units
Sherry Richardson P 50,000
Karen Smale P 100,000
Maria L. Casuga P 210,000
William Scott McGregor P 176,000
Christina and Peter
Skolaude P 14,000
Michael Hibberd Y 150,000
Finder's Fee: $114,039 cash payable to Canaccord Genuity Corp.
$26,250 cash payable to BMO Nesbitt Burns Inc.
$26,250 cash payable to Haywood Securities Inc.
$75,000 cash payable to Macquarie Private Wealth
Inc.
$41,750 cash payable to Tom Gavin
$24,994 cash payable to Raymond James Ltd.
$10,000 cash payable to Dan Bruno
$3,500 cash payable to Integral Wealth
Securities Limited
---------------------------------
SHERBROOK SBK SPORT CORP. ("SBK")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture
BULLETIN DATE: October 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with
respect to a Non-Brokered Private Placement announced on September 2, 2010.
Convertible Debenture: $175,000
Conversion Price: Principal of $175,000 is convertible into
common shares at a conversion price equal to
$0.12 per common share
Maturity date: One year from the date of issuance of the
convertible debentures
Interest Rate: 13%
Warrants: 1,458,333 warrants to purchase 1,458,333
common shares
Warrants Exercise Price: $0.15 per common share during a period of one
year following the issuance of the
debentures.
Number of Placees: 3 placees
The Company has announced the closing of the transaction by way of press
releases dated September 2 and 27, 2010.
SHERBROOK SBK SPORT CORP. ("SBK")
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier,
Débenture convertible
DATE DU BULLETIN : Le 8 octobre 2010
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu
d'un placement privé sans l'entremise d'un courtier, tel qu'annoncé le 2
septembre 2010.
Débentures convertibles : 175 000 $
Prix de conversion : Le capital d'un montant de 175 000 $ est
convertible en actions ordinaires au prix de
0,12 $ par action ordinaire
Date d'échéance : Un an suivant la date d'émission des
débentures convertibles
Taux d'intérêt : 13 %
Bons de souscription : 1 458 333 bons de souscription permettant
d'acquérir 1 458 333 actions ordinaires
Prix d'exercice des bons : 0,15 $ l'action pendant une période d'un an
suivant la date d'émission des débentures.
Nombre de souscripteurs : 3 souscripteurs
La société a confirmé la clôture de l'opération par voie de communiqués de
presse datés du 2 et 27 septembre 2010.
---------------------------------
STANDARD EXPLORATION LTD. ("STD")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: October 8, 2010
TSX Venture Tier 2 Company
Pursuant to Policy 1.2, TSX Venture Exchange has been advised of, and
accepted the change of the Filing and Regional Office from Vancouver to
Calgary.
---------------------------------
TERRACO GOLD CORP. ("TEN")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: October 8, 2010
TSX Venture Tier 2 Company
Further to the bulletin dated October 4, 2010 in connection with the
private placement of 17,500,000 units at a price of $0.10 per unit, TSX
Venture Exchange has been advised of the following additional Pro Group
placee.
Insider / Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Amon Levy P 400,000
---------------------------------
TERRA NOVA MINERALS INC. ("TGC")
BULLETIN TYPE: Halt
BULLETIN DATE: October 8, 2010
TSX Venture Tier 2 Company
Effective at 7:14 a.m. PST, October 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.
---------------------------------
TNR GOLD CORP. ("TNR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of a
Purchase Agreement dated September 28, 2010 between the Issuer and NovaGold
Resources Alaska Inc. (the "Vendor") whereby the Issuer will acquire a 50%
interest (which when combined with interests already held by the Issuer in the
property, which will result in the Issuer holding a 100% interest in the
property) in the Shotgun Property located in Southwestern Alaska.
The consideration payable to the Vendor consists of 6,000,000 shares and
3,000,000 warrants. Each warrant is exercisable to acquire one common share of
the Issuer for a period of three years at a price of $0.20 per share during
the first year, at $0.25 per share during the second year and at $0.30 during
the third year of the warrant term.
The Vendor will retain a 2% net smelter return royalty.
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VIRIDIS ENERGY INC. ("VRD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an agreement dated April 7,
2010 and amended July 12, 2010 between Viridis Energy Inc. (the 'Company') and
Monte Lake Forest Products Ltd. ("Monte Lake") whereby the Company will
acquire 100% of the issued and outstanding shares of Monte Lake, a private
British Columbia company, engaged primarily in the business of manufacturing
treated post rails and general logging operations.
Total consideration consists of 4,000,000 shares of the Company, payable
to the shareholders of Monte Lake, and the assumption of certain liabilities
of Monte Lake.
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WOODROSE CORPORATION ("WRS.H")
(formerly Woodrose Corporation ("WRS"))
BULLETIN TYPE: Property-Asset or Share Disposition Agreement, Transfer and
New Addition to NEX, Symbol Change
BULLETIN DATE: October 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to the
Asset Purchase Agreement (the "Agreement") between the Company and a
subsidiary of the Middleby Corporation ("Middleby") dated April 30, 2010
wherein the Company will sell all of the operating assets, inventory,
intellectual property, and certain contractual obligations and entitlements
held by Perfect Fry Company Ltd., a subsidiary of the Company. In
Consideration Middleby will pay a total of $5,000,000 CDN upon closing of the
Agreement along with a royalty of gross revenue relating to the Company's
"Perfect Pop" technology.
No Insider / Pro Group Participation.
This transaction was disclosed in the Company's press release dated June
28 and July 14, 2010.
In accordance with TSX Venture Policy 2.5, the Company has not maintained
the requirements for a TSX Venture Tier 2 company. Therefore, effective
Tuesday, October 12, 2010, the Company's listing will transfer to NEX, the
Company's Tier classification will change from Tier 2 to NEX, and the Filing
and Service Office will change from the TSXV Calgary Office to NEX.
As of Tuesday, October 12, 2010, the Company is subject to restrictions on
share issuances and certain types of payments as set out in the NEX policies.
The trading symbol for the Company will change from WRS to WRS.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 market.
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NEX COMPANIES
PACIFIC IMPERIAL MINES INC. ("PPM.H")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: October 8, 2010
NEX Company
Further to TSX Venture Exchange Bulletin dated January 29, 2010, the
Exchange has been advised that the Cease Trade Order issued by the British
Columbia Securities Commission on November 6, 2008 has been revoked.
Effective at the opening Tuesday, October 12, 2010 trading will be
reinstated in the securities of the Company (CUSIP 69440T 10 9).
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PIERRE ENTERPRISES LTD. ("PTN.H")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: October 8, 2010
NEX Company
Further to TSX Venture Exchange Bulletin dated August 12, 2003, the
Company has applied for reinstatement to trading.
Effective at the opening Tuesday, October 12, 2010 trading will be
reinstated in the securities of the Company (CUSIP 720829 10 0).
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For further information: Market Information Services at 1-888-873-8392, or email: [email protected]
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