VANCOUVER, Oct. 29 /CNW/ -
TSX VENTURE COMPANIES
71 CAPITAL CORP. ("SVN.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: October 29, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated October 28, 2010, effective at 6:03 a.m. PST, October 29, 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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ALIX RESOURCES CORP. ("AIX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 29, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Option Agreement dated September 29, 2010 between Hidefield Gold Limited, Hidefield Gold (Alaska) Inc., Mines Trust Company (collectively, the "Optionor") and the Company, Alix (Alaska) Inc. (collectively, the "Optionee") whereby the Optionee has been granted an option to acquire up to a 70% interest (51% pursuant to the option and 19% pursuant to an additional option) in the Golden Zone Property located in the Valdez Creek Mining District, Alaska. Consideration for the 51% interest is US$60,000, US$500,000 in shares over a three year period and US$250,000 in exploration expenditures by December 31, 2011 and US$1,250,000 by December 31, 2013. The Valuation Calculation to determine the number of shares to be issued will be based on the higher of (i) the volume-weighted average closing price of the Company's shares for the 30 trading days prior to the date of issuance, and (ii) the closing price of the Company's shares on the trading day immediately preceding the Exchange approval dates, less the maximum applicable discount (or $0.15). To exercise the additional option, the consideration is US$50,000 on or before December 31, 2015, additional exploration expenditures of $1,000,000 on or before December 31, 2015 and US$500,000 in shares calculated according to the Valuation Calculation on or before December 31, 2015.
The property may be subject to a 2.5% net smelter return royalty upon the purchase of the 70% interest. The Company has the right to purchase 1% of the Royalty for US$1,000,000 subject to further Exchange review and acceptance.
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ANDEANGOLD LTD. ("AAU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 29, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 23, 2010:
| Number of Shares: | 12,500,001 shares | |
| Purchase Price: | $0.12 per share | |
| Warrants: | 6,250,000 share purchase warrants to purchase 6,250,000 shares | |
| Warrant Exercise Price: | $0.20 for a one year period | |
| Number of Placees: | 76 placees | |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P / | # of Shares |
| Alan Manzie | P | 90,000 |
| William F. Lindqvist | Y | 41,667 |
| Rosemills Associates Inc. (John S. Watt) | Y | 416,667 |
| John S. Watt | Y | 83,333 |
| Anthony F. Ciali | Y | 336,667 |
| Finders' Fees: | Canaccord Genuity Corp. - $29,747.20 and 245,893 Warrants that are exercisable into common shares at $0.20 per share for a 12 month period. | |
| Long Wave Strategies (Janice Advent) - $13,902.00 and 115,850 Warrants that are exercisable into common shares at $0.20 per share for a 12 month period. | ||
| Jordan Capital Markets Inc. - $27,995.78 and 233,298 Warrants that are exercisable into common shares at $0.20 per share for a 12 month period. | ||
| Ian Gordon - 1,000,000 Warrants that are exercisable into units shares at $0.12 per share for a 30 day period following closing. | ||
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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CANADIAN OVERSEAS PERTROLEUM LIMITED ("XOP")
BULLETIN TYPE: Halt
BULLETIN DATE: October 29, 2010
TSX Venture Tier 2 Company
Effective at 10:13 a.m. PST, October 29, 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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CANADIAN OVERSEAS PETROLEUM LIMITED ("XOP")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: October 29, 2010
TSX Venture Tier 2 Company
Effective at 11:30 a.m. PST, October 29, 2010, shares of the Company resumed trading, an announcement having been made over StockWatch.
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CRESO EXPLORATION INC. ("CXT")
BULLETIN TYPE: Halt
BULLETIN DATE: October 29, 2010
TSX Venture Tier 2 Company
Effective at 6:16 a.m. PST, October 29, 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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CRESO EXPLORATION INC. ("CXT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: October 29, 2010
TSX Venture Tier 2 Company
Effective at 7:30 a.m., PST, October 29, 2010, shares of the Company resumed trading, an announcement having been made over StockWatch.
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DUNCASTLE GOLD CORP. ("DUN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 29, 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, October 18, 2010 and October 28, 2010:
| Number of Shares: | 9,102,642 flow-through shares | |
| 8,000,000 non flow-through shares | ||
| Purchase Price: | $0.07 per flow-through share | |
| $0.05 per non flow-through share | ||
| Warrants: | 8,551,322 share purchase warrants to purchase 8,551,322 shares | |
| Warrant Exercise Price: | $0.10 for a two year period | |
| Number of Placees: | 33 placees | |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P / | # of Shares |
| Allan Folk | P | 360,000 FT |
| Richard Goodman | P | 314,285 FT |
| Atherton Enterprises Ltd. (Scott B. Hean) | Y | 168,000 NFT |
| Manex Resource Group Inc. (Lawrence Page) | Y | 1,000,000 NFT |
| Thomas Seltzer | P | 400,000 NFT |
| Finders' Fees: | $18,625 cash and 443,450 warrants payable to Brant Securities Limited | |
| $3,075 cash and 87,500 warrants payable to Haywood Securities Inc. | ||
| $8,880 cash and 240,000 warrants payable to Jones Gable & Company Limited | ||
| $2,550 cash and 65,000 warrants payable to Macquarie Private Wealth Inc. | ||
| $600 cash and 20,000 warrants payable to Michael Baybak | ||
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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GMV MINERALS INC. ("GMV")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: October 29, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced October 7, 2010 and amended on October 19, 2010:
| Number of Shares: | 16,800,000 shares | |
| Purchase Price: | $0.45 per share | |
| Warrants: | 8,400,000 share purchase warrants to purchase 8,400,000 shares | |
| Warrant Exercise Price: | $0.60 for a two year period | |
| Number of Placees: | 13 placees | |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P / | # of Shares |
| Cormark Securities Investment Fund | Y | 1,263,000 |
| Libra Advisors, LLC | Y | 3,556,000 |
| Agent's Fees: | $549,617.40 and 1,209,600 Broker Options payable to Cormark Securities Inc. | |
| $55,182.60 and 134,400 Broker Options payable to Max Capital Markets Ltd. | ||
| - Each Broker Option is exercisable at $0.45 for a two year period into one unit, consisting of one share and one-half of 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.]
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GOLDEN TOUCH RESOURCES CORP. ("GOT")
BULLETIN TYPE: Halt
BULLETIN DATE: October 29, 2010
TSX Venture Tier 2 Company
Effective at 11:03 a.m. PST, October 29, 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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J.A.G. LTEE (LES MINES) ("JML")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: October 29, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation to extend the expiry date of the following Warrants:
| Number of Warrants: Original Expiry Date of Warrants: New Expiry Date of Warrants: Exercise Price of Warrants: |
|
|
|
|
|
|
|
|
|
1,250,000 October 29, 2010 October 29, 2011 $0.25 |
These Warrants were issued pursuant to a Private Placement including a total of 2,500,000 shares and 1,250,000 Warrants, which was accepted for filing by TSX Venture Exchange effective on November 2, 2009
LES MINES J.A.G. LTÉE (« JML »)
TYPE DE BULLETIN : Prolongation des bons de souscription
DATE DU BULLETIN : Le 29 octobre 2010
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté les documents déposés aux fins de prolongation de la date d'échéance des bons de souscription (les « bons ») suivants :
| Nombre de bons : Date initiale d'échéance des bons : Nouvelle date d'échéance des bons : Prix d'exercice des bons : |
1 250 000 Le 29 octobre 2010 Le 29 octobre 2011 0,25 $ |
Ces bons ont été émis en vertu d'un placement privé comprenant 2 500 000 actions et 1 250 000 bons de souscription, tel qu'accepté par Bourse de croissance TSX le 2 novembre 2009.
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KNIGHTSCOVE MEDIA CORP. ("KC.A")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 29, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 27, 2010:
| Number of Shares: | 1,672,000 subordinate voting shares | |||||
| Purchase Price: | $0.12 per subordinate voting share | |||||
| Warrants: | 836,000 share purchase warrants to purchase 836,000 subordinate voting shares | |||||
| Warrant Exercise Price: | $0.20 for a one year period | |||||
| Number of Placees: | 6 placees |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
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KODIAK EXPLORATION LIMITED ("KXL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Amendment
BULLETIN DATE: October 29, 2010
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated July 17, 2008, the Exchange has accepted an amendment with respect to a property option agreement dated June 9, 2008, between Kodiak Exploration Limited (the "Company") and the Municipality of Greenstone (the "Vendor"), whereby the Company has the option to up to earn a 100% interest in 29 mineral claims near Geraldton, Ontario. In consideration, the Company has to pay a total of $750,000 over a four year period (starting in 2008) to the Vendor. A total of $25,000 has already been paid, but the Company has elected to pay the remaining amounts by issuing shares to the Vendor. As per the agreement, the Company may issue shares at a price that is the greater of: (i) the volume weighted average closing price of the Company's shares over the 20 trading days prior to the date of issue of such shares; and, (ii) $2.61, which was the Market Price on June 6, 2008, the last trading day preceding the date of acceptance of the Company's offer by the Vendor. During October, 2009, the Company issued 47,893 shares of the Company at a deemed price of $2.61 to satisfy the $125,000 option payment that was due at that time and it is expected that the Company will issue a further 57,472 shares on October 31, 2010 to satisfy an option payment of $150,000. At the time of each share issuance the Company will issue a news release.
Insider / Pro Group Participation: N/A
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MIRANDA GOLD CORP. ("MAD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 29, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 27, 2010:
| Number of Shares: | 1,000,000 shares | |
| Purchase Price: | $0.50 per share | |
| Warrants: | 1,000,000 share purchase warrants to purchase 1,000,000 shares | |
| Warrant Exercise Price: | $0.75 for a two year period | |
| Number of Placees: | 1 placee | |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P | # of Shares |
| 2260761 Ontario Incorporated (Paul van Eeden) | Y | 1,000,000 |
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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MOONCOR OIL & GAS CORP. ("MOO")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: October 29, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
| # of Warrants: Original Expiry Date of Warrants: New Expiry Date of Warrants: Exercise Price of Warrants: |
1,494,334 November 14, 2010 November 14, 2011 $0.20 per share |
These warrants were issued pursuant to a private placement of 3,494,668 flow-through common shares with 1,747,668 common share purchase warrants attached, which was accepted by the Exchange on December 4, 2008.
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MOUNTAINVIEW ENERGY LTD. ("MVW")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: October 29, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated October 21, 2010, effective at 8:41 a.m. PST, October 29, 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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MOUNTAIN LAKE RESOURCES INC. ("MOA")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: October 29, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced October 13, 2010:
| Number of Shares: | 4,917,260 flow-through shares | |||||||||
| Purchase Price: | $1.05 per flow-through share | |||||||||
| Number of Placees: | 21 placees | |||||||||
| Agent's Fee: | $361,418.61 cash payable to Salman Partners 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.
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NORWALL GROUP INC. ("NGI")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: October 29, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an Agreement of Purchase and Sale (the "Agreement"), dated March 16, 2010, as amended June 30, 2010 and July 7, 2010, between Norwall Group Inc. (the "Company") and an arm's length party (the "Purchaser"), whereby the Company has agreed to sell its manufacturing plant (land and buildings) located in Brampton, Ontario for $6,800,000.
The estimated net proceeds to the Company, net of real estate commission, repayment of the first mortgage and other related costs, are expected to be approximately $2,860,000.
For further information, please refer to the Company's news releases dated April 30, 2010, July 9, 2010 and October 1, 2010.
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NQ EXPLORATION INC. ("NQE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 29, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to an agreement dated October 15, 2010, between Inmet Mining Corporation ("Inmet") and the Company, in connection with the purchase by the Company Inmet's interests in the 81 claims of the La Roncière Property, located in the townships of Gand and La Roncière, in the province of Quebec, in consideration of 500,000 common shares.
The Company renounces a previous claim to a 2% Net Smelter Royalty agreed to between it and another party regarding seven mining claims.
For further information, please refer to the Company's press release dated October 25, 2010.
EXPLORATION NQ INC. (« NQE »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 29 octobre 2010
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents en vertu d'une convention datée du 15 octobre 2010, entre Inmet Mining Corporation (« Inmet ») et la société, relativement à l'acquisition de son intérêt dans les 81 claims de la propriété de La Roncière, située dans les cantons de Gand et La Roncière, dans la province du Québec, en considération de 500 000 actions ordinaires.
La société renonce à leur droit antérieurement détenu sur une royauté de 2 % « NSR » tel que convenu entre la société et une autre partie concernant sept claims miniers.
Pour plus d'information, veuillez-vous référer au communiqué de presse émis par la société le 25 octobre 2010.
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NULOCH RESOURCES INC. ("NLR")
[formerly Nuloch Resources Inc. ("NLR.A")("NLR.B")
BULLETIN TYPE: Delist, Symbol Change
BULLETIN DATE: October 29, 2010
TSX Venture Tier 2 Company
Effective at the close of business November 1, 2010, the Class B shares will be delisted from TSX Venture Exchange at the request of the Company. All Class B shares will be converted to Class A shares at a rate of 7.045 Class A shares for each Class B share held.
Effective at the opening Tuesday, November 2, 2010, all of the Company's shares will commence trading under the symbol NLR. There is no change in the CUSIP number
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PACIFIC HARBOUR CAPITAL LTD. ("PCF")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: October 29, 2010
TSX Venture Tier 1 Company
Further to TSX Venture Exchange Bulletin dated August 20, 2010, effective, October 29, 2010 trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Change of Business as disclosed on October 7, 2010.
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PACIFIC ORIENT CAPITAL INC. ("AAQ.P")
BULLETIN TYPE: CPC-Filing Statement, Remain Halted
BULLETIN DATE: October 29, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's CPC Filing Statement dated October 29, 2010, for the purpose of filing on SEDAR.
Trading in the shares of the Company will remain halted.
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PMI GOLD CORPORATION ("PMV")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: October 29, 2010
TSX Venture Tier 2 Company
Effective at the opening, October 29, 2010, shares of the Company resumed trading, an announcement having been made over StockWatch.
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RADIANT ENERGY CORPORATION ("RDT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: October 29, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 764,107 common shares at a deemed value of $0.1226 per share to settle outstanding debt for CDN$93,679.56.
| Number of Creditors: | 6 Creditors | |||
| Insider / Pro Group Participation: | ||||
| Creditor |
Insider=Y / Progroup=P |
Amount Owing |
Deemed Price per Share |
# of Shares |
| John Marsh | Y | $22,009.64 | $0.1226 | 179,524 |
| Hara Enterprises Limited | Y | $22,009.64 | $0.1226 | 179,524 |
| David Williams | Y | $11,408.22 | $0.1226 | 93,052 |
For further details, please refer to the Company's news release dated October 29, 2010.
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REALM ENERGY INTERNATIONAL CORPORATION ("RLM")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: October 29, 2010
TSX Venture Tier 2 Company
Effective at the opening, October 29, 2010, shares of the Company resumed trading, an announcement having been made over StockWatch.
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ROCKCLIFF RESOURCES INC. ("RCR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 29, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an option agreement (the "Agreement") dated October 25, 2010, between Rockcliff Resources Inc. and two arm's length parties (collectively, the "Optionors"). Pursuant to the Agreement, the Company shall have the option to acquire a 100% interest in the Black Gold property (the "Property") located in the Townships of Black and Lee in the Larder Lake Mining Division in the Province of Ontario.
As consideration, the Company must pay the Optionors an aggregate of $250,000 and issue 1,000,000 shares within a four year period. The Company must also incur an aggregate minimum of $500,000 in exploration expenditures, with a minimum exploration commitment of $50,000 each year. The Optionors shall retain a 3% net smelter return royalty ("NSR") on the Property, of which one third can be purchased at any time for %1,000,000. The remaining 2% NSR will be subject to a first right of refusal in favour of the Company.
For further information, please refer to the Company's press release dated October 27, 2010.
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SUPREME RESOURCES LTD. ("SPR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 29, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of a Purchase and Sale Agreement dated September 21, 2010 between the Company and R&J Sparrow Enterprises Ltd. (Insider: Jim Sparrow. the "Vendor") whereby the Company may acquire a 100% interest in two crown granted mineral claims known as the St. George and St. Lawrence Property, located in the Similkameen District, British Columbia.
The consideration payable to the Vendor is $5,000 cash and 25,000 common shares of the Company.
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TAJIRI VENTURES CORP. ("TAJ.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: October 29, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated October 25, 2010, effective at 9:44 a.m. PST, October 29, 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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WILDCAT EXPLORATION LTD. ("WEL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 29, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of a Sale and Purchase Agreement dated June 15, 2010 between the Company and Joseph Kirton, Lorne Henrikson, John Gibson, James Campbell, Kevin Murphy and Janice Pass (collectively, the "Vendors") whereby the Company may acquire a 100% interest in eleven mineral claims (the "Property") covering 560 hectares in the Rice Lake greenstone belt located near Bissett, Manitoba.
The total consideration payable to the Vendors is the Company will, over a three-year period, issue a total of 504,000 shares and will pay $84,000 to the Vendors and will incur $30,000 of exploration expenditures as consideration for the Property
The Vendors will retain a 2% net smelter returns royalty.
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NEX COMPANIES
CARLAW CAPITAL III CORP. ("CW.H")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: October 29, 2010
NEX Company
Further to TSX Venture Exchange Bulletin dated October 18, 2010 and the Company's press release dated October 26, 2010, the Company's proposed qualifying transaction has been terminated.
Effective at the opening Monday, November 1, 2010, trading will be reinstated in the securities of the Company.
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OIL OPTIMIZATION INC. ("OOI.H")
BULLETIN TYPE: Stock Split, Remain Halted
BULLETIN DATE: October 29, 2010
NEX Company
Pursuant to a Resolution of the board of directors passed on October 22, 2010, the Company's common shares will be sub-divided on a one (1) old for 1.8 new basis.
The common shares of the Company will commence trading on a sub-divided basis at the opening, November 1, 2010. The Record date is October 26, 2010. The Company is classified as an ''oil and gas exploration and development' company.
| Post - Split Capitalization: |
unlimited | common shares with no par value of which | ||||||||||
| 4,500,000 | shares are issued and outstanding | |||||||||||
| Escrow: | 900,000 | |||||||||||
| Transfer Agent: | Olympia Trust Company | |||||||||||
| Trading Symbol: | OOI.H | |||||||||||
| CUSIP Number: | 67787B2 0 2 | (new) | ||||||||||
Letters of Transmittal will be used to effect this share sub-division. Letters of Transmittal were mailed to shareholders October 26, 2010 to return their present share certificates in exchange for new share certificates.
Further to TSX Venture Exchange Bulletin dated August 10, 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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WAVEFIRE.COM. INC. ("WAF")
[formerly Wavefire.com. Inc. ("WAF.H")]
BULLETIN TYPE: Graduation from NEX to TSX Venture, Symbol Change, Change of Business, Private Placement-Non-Brokered
BULLETIN DATE: October 29, 2010
NEX Company
Graduation from NEX to TSX Venture:
The Company has met the requirements to be listed as a TSX Venture Tier 2 Company. Therefore, effective on November 1, 2010, the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to Vancouver.
Symbol Change:
Effective at the opening Monday, November 1, 2010, the trading symbol for the Company will change from WAF.H to WAF.
Change of Business:
The Company acquired the right under a farm-out agreement dated August 1, 2007 (the 'Agreement') to earn a 100% interest (subject to existing encumbrances) in a drilling spacing unit and a 65% interest in the balance of the three sections of land (the 'Farm-out Lands') in the Acadia Area of Alberta by incurring 100% of the drilling and abandonment costs of a test well.
On December 2, 2009, the Company increased its interest in the Farm-out Lands from 65% to 85% pursuant to an amendment to the Agreement, under which an additional $25,000 was paid to the Farmor, bringing the total price for the Farm-out Lands to $187,273. In conjunction with the increased interest, the Company committed to commence drilling a well prior to December 31, 2009.
The other terms of the Agreement remained unchanged, with the Company earning the Farmor's 100% interest (subject to existing encumbrances) in the drilling spacing unit upon completion of the well and an 85% interest in the balance of the lands. The Company and the Farmor continue with an area of mutual interest covering three townships within the area of the Farm-out Lands wherein, during a two-year period, the respective participating interests of the parties in any lands acquired shall be 15% as to the Farmor and 85% to the Company.
Private Placement-Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 18, 2010:
| Number of Shares: | 14,705,882 shares | |
| Purchase Price: | $0.17 per share | |
| Number of Placees: | 1 placee | |
| Insider / Pro Group Participation: | ||
| Insider=Y / | ||
| Name | ProGroup=P / | # of Shares |
| Victor Redekop | Y | 14,705,882 |
| The Company is classified as an 'Oil and Gas Exploration' company. | ||
| Capitalization: | Unlimited shares with no par value of which | |
| 34,301,902 shares are issued and outstanding | ||
| Escrow: | 8,600,000 Tier 2 Value Security Escrow | |
| 18,703,912 Tier 1 Value Security Escrow | ||
| Company Contact: | Bill Baker | |
| Company Address: | 800, 906 - 12th Ave. S.W. | |
| Calgary, AB T2R 1K7 | ||
| Company Phone Number: | (403) 244-5340 | |
| Company Fax Number: | (403) 245-5156 | |
| Company Email Address: | c_bbaker@hotmail.com | |
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