VANCOUVER, Oct. 27 /CNW/ -
TSX VENTURE COMPANIES
AUGEN GOLD CORP. ("GLD")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced September 27, 2010:
Number of Shares: 12,519,954 flow through shares
3,767,000 non flow through shares
Purchase Price: $0.22 per flow through share
$0.17 per non flow through share
Warrants: 16,286,954 share purchase warrants to purchase
16,286,954 shares
Warrant Exercise Price: $0.25 for an eighteen month period
Number of Placees: 15 placees
Insider/Pro Group Participation:
Agent's Fee: an aggregate of $271,582.40, plus 1,302,956
warrants (each warrant exercisable into one
common share at a price of $0.25 for a period of
eighteen months), payable to Industrial Alliance
Securities Inc. and Secutor Capital Management
Corporation
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.
-----------------------------
AVRUPA MINERALS LTD. ("AVU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 27, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for expedited filing documentation with
respect to a Non-Brokered Private Placement announced October 25, 2010:
Number of Shares: 1,250,000 shares
Purchase Price: $0.40 per share
Warrants: 625,000 share purchase warrants to purchase
625,000 shares
Warrant Exercise Price: $0.55 for an eighteen month period
Number of Placees: 7 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Brenda Howard P 25,000
Pacific Opportunity
Capital Ltd. P 25,000
Finder's Fee: $31,500 and 78,750 warrants payable to Global
Market Development LLC
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.
-----------------------------
BELLAIR VENTURES INC. ("BVI.P")
BULLETIN TYPE: Notice - QT Not Completed - Approaching 24 Months of
Listing
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
The shares of the Company were listed on TSX Venture Exchange on November
26, 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 November 26, 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.
-----------------------------
CADAN RESOURCES CORPORATION ("CXD ")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
AMENDMENT:
Further to the TSX Venture Exchange Bulletin dated September 15, 2010, the
Exchange has accepted an amendment to the Non-Brokered Private Placement as
follows:
Finder's Fee: $72,800 cash and 112,000 non-transferrable
warrants ("Finder Warrants") payable to Rescon
Resources Consultant AG
7,000 Finder Warrants payable to Dublin Asset
Management Limited
Each Finder warrant is exercisable for one
common share at a price of $1.00 for the first
24 months and $1.25 for the next and final 36
months from date of issuance
-----------------------------
CALLINAN MINES LIMITED ("CAA")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 27, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for expedited filing documentation of an
Option Agreement dated September 24, 2010 between the Issuer and Kenneth
Galambos (as to 20%), Shawn Turford (as to 50%) and Ralph Keefe (as to 30%)
(collectively, the "Optionors") whereby the Issuer may acquire a 100% interest
in and to 17 mineral claims, known as the Troitsa Claims (the "Property")
located southeast of Terrace, British Columbia.
The consideration payable to the Optionors consists of cash payments
totaling $320,000; share issuances totaling 400,000 common shares of the
Issuer and work expenditures on the Property totaling $800,000 payable in
stages over a four year period.
The Optionors shall retain a 3% net smelter return royalty. The Issuer has
the option to purchase 50% of the royalty for a total payment of $2,000,000.
-----------------------------
CANADREAM CORPORATION ("CDN")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: October 27, 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 21, 2010,
it may repurchase for cancellation, up to 987,633 shares in its own capital
stock. The purchases are to be made through the facilities of TSX Venture
Exchange during the period November 2, 2010 to November 2, 2010. Purchases
pursuant to the bid will be made by Jaymond James Ltd. on behalf of the
Company.
-----------------------------
CJL CAPITAL INC. ("CJL.P")
BULLETIN TYPE: Halt
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
Effective at 7:59 a.m. PST, October 27, 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.
-----------------------------
CJL CAPITAL INC. ("CJL.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated October 27, 2010, effective
at 11:17 a.m. PST, October 27, 2010 trading in the shares of the Company will
remain halted pendingreceipt and review of acceptable documentation regarding
the Qualifying Transaction pursuant to Listings Policy 2.4.
-----------------------------
CONTINENTAL NICKEL LIMITED ("CNI")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: October 27, 2010
TSX Venture Tier 1 Company
Effective at the opening October 27, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.
-----------------------------
DISCOVERY VENTURES INC. ("DVN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Property Agreement dated
September 27, 2010 between Discovery Ventures Inc. (the "Company") and Dorsett
Marketing Corporation (Roger McClay), whereby the Company may purchase 30
mineral claims located in Lillooet Mining Division, BC in consideration of
$15,000 in cash and 1,000,000 in shares.
-----------------------------
EMERALD BAY ENERGY INC. ("EBY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced September 30, 2010:
Number of Shares: 8,850,000 units ("Units")
Each Unit consists of one common share issued on
a flow-through basis and one common share
purchase warrant.
Purchase Price: $0.05 per Unit
Warrants: 8,850,000 share purchase warrants to purchase
8,850,000 shares
Warrant Exercise Price: $0.12 for up to 12 months from date of issuance
Number of Placees: 6 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Units
Pathway Oil & Gas 2010
Flow-Through Limited
Partnership
(Kathryn Harrison) Y 5,500,000
EnergyFields 2010
Special Flow-Through
LP (Kathryn Harrison) Y 1,000,000
Kendall Paul Dilling Y 400,000
Finder's Fee: $16,250 cash and 650,000 non-transferrable
warrants ("Finder Warrants") payable to Limited
Market Dealer Inc.
Each Finder Warrant is exercisable into one Unit
on a non-flow-through basis on the same terms
and conditions received by subscribers under
this Private Placement at a price of $0.05 for
up to 12 months from date of issuance.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the second tranche 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.
-----------------------------
GALORE RESOURCES INC. ("GRI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced October 15, 2010:
Number of Shares: 500,000 flow-through shares
Purchase Price: $0.30 per share
Number of Placees: 6 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Uwe Schmidt Y 66,666
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.)
-----------------------------
GMV MINERALS INC. ("GMV")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an amended and restated
option agreement (the "Agreement") dated September 28, 2010 between GMV
Minerals Inc. (the "Company" or "GMV") and Shoreham Resources Ltd.
("Shoreham") whereby the Company has the option to acquire the right from
Shoreham's wholly owned subsidiary, RPM Exploration Inc., to earn up to 100%
of the mineral rights to 85 medium scale prospecting permits and 1 large scale
prospecting permit in the Upper Puruni area and the Otomung East area, in The
Republic of Guyana, South America.
The summaries of terms of the acquisition are as follows:
Cash payments:
- US$40,000 upon the approval of TSX Venture Exchange (the
"Exchange"); and,
- US$25,000 on or before the first anniversary of Exchange
approval;
Share issuances:
- 3,000,000 common shares of GMV issued in tranches of:
- 1,200,000 common shares prior to the 1st anniversary of
Exchange approval;
- 600,000 common shares prior to the 2nd anniversary of
Exchange approval;
- 600,000 common shares prior to the 3rd anniversary of
Exchange approval;
- 600,000 common shares prior to the 4th anniversary of
Exchange approval;
Expenditures: Cumulative additional expenditures of US$1,500,000 within a
period of 4 years from Exchange approval of this transaction:
- Year 1: US$200,000;
- Year 2: US$300,000;
- Year 3: US$400,000; and,
- Year 4: US$600,000
NSR: A 2% NSR royalty, of which 1% may be purchased back by GMV at any
time prior to production for a payment of US$1million.
Finder's Fee: A finder's fee of 100,000 common shares of the Company is
payable to Castor Asset Management Ltd. in connection with the above noted
acquisition.
Insider/Pro Group Participation: N/A
-----------------------------
HAWKEYE GOLD & DIAMOND INC. ("HGO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
the third and final tranche of a Non-Brokered Private Placement announced July
9, 2010:
Number of Shares: 1,168,000 shares
Purchase Price: $0.15 per share
Warrants: 1,168,000 share purchase warrants to purchase
1,168,000 shares
Warrant Exercise Price: $0.25 for an eighteen month period
Number of Placees: 4 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Robert F. Rose P 334,000
Wendy Rose P 334,000
Greg Neeld Y 400,000
Finders' Fees: $10,020 and 66,800 finder warrants payable to
Dominick & Dominick Securities Inc.
$1,500 and 10,000 finder warrants payable to
Simon Learmouth
- Each finder warrant is exercisable into one
common share at $0.15 for an eighteen month
period.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s). The Company must also
issue a news release if the private placement does not close promptly. (Note
that in certain circumstances the Exchange may later extend the expiry date of
the warrants, if they are less than the maximum permitted term.)
-----------------------------
KNICK EXPLORATION INC. ("KNX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to
a non-arms-length agreement in connection with the acquisition by Knick
Exploration Inc. ("the Company") of the CF-1 and CF-2 Properties, located in
the Timmins Mining Camp, in the province of Ontario.
The Company is required to issue a total of 1,500,000 shares within the
first year upon signing.
The Vendors will retain a 3% Net Smelter Royalty ("NSR"), as well as a 3%
Gross Overriding Royalty ("GOR") on diamonds. The Company may repurchase
one-third of each of these royalties (1%) upon the payment of $1,000,000.
Insider/Pro Group Participation:
Insider equals Y/
Name Pro Group equals P Number of Shares
Gordon N. Hendriksen Y 750,000
For further details, please refer to the Company's press releases dated
October 1 and 26, 2010.
EXPLORATION KNICK INC. ("KNX")
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 27 octobre 2010
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt d'une convention négociée non
à distance relativement à l'acquisition par Exploration Knick Inc. ("la
société") des propriétés de CF-1 et CF-2, situées dans le camp minier de
Timmins, dans la province d'Ontario.
La société doit émettre un total de 1 500 000 actions ordinaires pendant
la première année lors de la signature.
Les vendeurs conserveront un revenu net de fonderie ("NSR") de 3 %, ainsi
qu'une royauté sur les diamants ("GOR") de 3 %. Un tiers de chacune de ces
royautés (1 % ) peut être racheté par la société pour une somme de 1 000 000
$.
Participation Initié/Groupe Pro :
Initié égale Y/
Nom Groupe Pro égale P Nombre d'actions
Gordon N. Hendriksen Y 750 000
Pour plus d'information, veuillez vous référer aux communiqués de presse
émis par la société les 1er et 26 octobre 2010.
-----------------------------
LARGO RESOURCES LTD. ("LGO")
BULLETIN TYPE: Halt
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
Effective at 6:04 a.m. PST, October 27, 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.
-----------------------------
LARGO RESOURCES LTD. ("LGO")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
Effective at 9:39 a.m. PST, October 27, 2010, shares of the Company
resumed trading, an announcement having been made over StockWatch.
-----------------------------
MBMI RESOURCES INC. ("MBR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 27, 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 October 26,
2010:
Number of Shares: 5,886,666 shares
Purchase Price: $0.18 per share
Warrants: 2,943,333 share purchase warrants to purchase
2,943,333 shares
Warrant Exercise Price: $0.25 for a two year period
Number of Placees: 21 placees
Finders' Fees: $74,160 cash and 329,600 warrants exercisable at
$0.25 for two years payable to Uxbridge Capital
Funding Inc.
$19,800 cash payable to Keith Wallace
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.
-----------------------------
NORDIC OIL AND GAS LTD. ("NOG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
This is a first tranche closing
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced October 6, 2010:
Number of Shares: 2,721,666 flow-through shares
Purchase Price: $0.075 per unit
Warrants: 1,360,833 share purchase warrants to purchase
1,360,833 shares
Warrant Exercise Price: $0.10 for a period of eighteen months
Number of Placees: 16 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Units
Don Bain Y 65,000
Finder's Fee: Jeff Stromberg - $8,175 cash and 30,000 finder's
warrants
Mackie Research Capital Corporation - $900 cash
and 12,000 finder's warrants
Each finder warrant is exercisable at a price of
$0.10 per share for a period of eighteen months.
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.
-----------------------------
OREX MINERALS INC. ("REX")
BULLETIN TYPE: Halt
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
Effective at 6:04 a.m. PST, October 27, 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.
-----------------------------
OREX MINERALS INC. ("REX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
Effective at 9:30 a.m. PST, October 27, 2010, shares of the Company
resumed trading, an announcement having been made over StockWatch.
-----------------------------
PETRO VIKING ENERGY INC. ("VIK.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated August 11, 2010, effective
October 27, 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.
-----------------------------
SAMEX MINING CORP. ("SXG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 27, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced October 15, 2010:
Number of Shares: 17,583,720 shares
Purchase Price: $0.50 per share
Warrants: 17,583,720 share purchase warrants to purchase
17,583,720 shares
Warrant Exercise Price: $0.60 per share, if exercised before December
31, 2010
$0.65 per share, if exercised by the first
anniversary
$0.70 per share, if exercised by the second
anniversary
Number of Placees: 6 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.)
-----------------------------
SILVERLAND CAPITAL CORP. ("SV.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated September 3, 2010,
effective October 27, 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.
-----------------------------
SILVERMET INC. ("SYI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 27, 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: 16,000,000 shares
Purchase Price: $0.125 per share
Number of Placees: 1 placee
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s). The Company must also
issue a news release if the private placement does not close promptly.
-----------------------------
SILVERMET INC. ("SYI")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has accepted for filing
documentation pertaining to an Investment Agreement (the "Agreement") dated
September 27, 2010 between Silvermet Inc. (the "Company") and an affiliate of
Befesa Medio Ambiente, S.A. of Erandio, Spain ("Befesa"). Befesa is listed on
the Madrid Exchange. Pursuant to the Agreement, the Company shall dispose a
9.5% interest in Straits Metals Recycling Corp. Pte. Ltd. - an operating
subsidiary that the Company currently holds a 58.5% interest in, and
subsequently form a joint venture with Befesa. As a result, Befesa and the
Company will own a 51 and 49% interest, respectively, of a newly established
Spanish company, Befesa Silvermet Turkey, S.L. (the "Joint Venture Company").
Befesa will also be participating in the Company's $2,000,000 financing as
disclosed in the Exchange's bulletin dated October 27, 2010. The Company and
Befesa will be investing an additional $2,000,000 and $4,000,000,
respectively, into the Joint Venture Company.
For further information, please see the Company's press release dated
September 27, 2010 and the Agreement as posted on October 8, 2010 on Sedar.
-----------------------------
SILVER QUEST RESOURCES LTD. ("SQI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation
pertaining to an Option to Purchase Agreement dated October 13, 2010 between
Silver Quest Resources Ltd. (the 'Company') and John Bot, pursuant to which
the Company has an option to acquire a 100% working interest in thirty mineral
tenures, covering approximately 9,125 hectares in the Omineca Mining Division,
British Columbia. In consideration, the Company will pay $10,000 and issue
100,000 shares upon Exchange acceptance, and issue a further 150,000 shares on
or before October 13, 2011. There is a 1.5% net smelter return royalty payable
to the vendor, of which the Company may purchase 1.0% at any time for
$2,000,000.
-----------------------------
SOURCE EXPLORATION CORP. ("SOP")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation
pertaining to the following two letters of intent regarding the Las Minas
Project comprising five mineral concessions covering approximately 1,271
hectares in the State of Veracruz, Mexico:
A letter of intent dated October 11, 2010 between Source Exploration Corp.
(the 'Company'), Roca Verde Exploracion de Mexico, S.A. de C.V. (a wholly
owned subsidiary of the Company, 'Roca Verde') and Amado Mesta Howard,
pursuant to which the Company has the option to acquire 3 concessions in the
Las Minas Skarn Area.
A letter of intent dated October 7, 2010 between the Company, Roca Verde
and Ramon Farias Garcia, pursuant to which the Company has the option to
acquire 2 concessions in the La Miqueta Vein area.
The total consideration for both is cash payments totaling US$1,785,000
and exploration work commitments totaling US$200,000.
EXPLORATION
DATE CASH EXPENDITURES
Execution of Definitive Agreement US$45,000
Year 1 US$90,000 US$50,000
Year 2 US$150,000 US$75,000
Year 3 USD$1,500,000 US$75,000
In addition, there is a 1.5% net smelter return relating to the both
concession areas. The Company may, at any time, purchase 0.5% of the net
smelter return for US$500,000.
-----------------------------
SOUTHERN SILVER EXPLORATION CORP. ("SSV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 27, 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 October 13,
2010:
Number of Shares: 9,900,000 shares
Purchase Price: $0.10 per share
Warrants: 9,900,000 share purchase warrants to purchase
9,900,000 shares
Warrant Exercise Price: $0.20 for a two year period
Number of Placees: 37 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Richard Cohen P 150,000
Dalena Blaeser P 15,000
Thomas W. Seltzer P 345,000
Francesca Eckert P 15,000
Catherine Seltzer P 150,000
Finders' Fees: Dundee Securities Corporation receives $900 and
15,000 non-transferable warrants, each
exercisable for one share at a price of $0.20
for 2 years.
Ernst Pernet receives $3,000 and 50,000 non-
transferable warrants, each exercisable for one
share at a price of $0.20 for 2 years.
Haywood Securities Inc. receives $15,000 and
250,000 non-transferable warrants, each
exercisable for one share at a price of $0.20
for 2 years.
Jones Gable & Company Limited receives $6,000
and 100,000 non-transferable warrants, each
exercisable for one share at a price of $0.20
for 2 years.
Hampton Securities Limited receives 1,800 and
30,000 non-transferable warrants, each
exercisable for one share at a price of $0.20
for 2 years.
Mackie Research Capital Corporation receives
$2,700 and 45,000 non-transferable warrants,
each exercisable for one share at a price of
$0.20 for 2 years.
Macquarie Private Wealth Inc. receives $1,050
and 17,500 non-transferable warrants, each
exercisable for one share at a price of $0.20
for 2 years.
Union Securities Ltd. receives $3,870 and 64,500
non-transferable warrants, each exercisable for
one share at a price of $0.20 for 2 years.
Michael Baybak receives $1,500 and 25,000 non-
transferable warrants, each exercisable for one
share at a price of $0.20 for 2 years.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s). The Company must also
issue a news release if the private placement does not close promptly. (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.)
-----------------------------
STONESHIELD CAPITAL CORP. ("STS")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: October 27, 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: 5,004,994
Original Expiry Date of Warrants: October 29, 2010
New Expiry Date of Warrants: October 29, 2013
Exercise Price of Warrants: $0.25
These warrants were issued pursuant to a private placement of 5,004,994
shares with 5,004,994 share purchase warrants attached, which was accepted for
filing by the Exchange effective November 27, 2008.
-----------------------------
THELON CAPITAL LTD. ("THC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of an
Agreement dated May 27, 2010 between the Company and Clear Fork Mining LLC
(the "Vendor") whereby the Company may acquire a 100% interest in 6,000 acres
of coal mineral and surface rights located in the Campbell and Clairborne
Counties, Tennessee.
The consideration payable to the Vendor is 3,500,000 common shares of the
Company and property exploration expenditures in the amount of US$750,000.
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THREEGOLD RESOURCES INC. ("THG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 27, 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 21, 2010:
Number of Shares: 3,916,632 common shares
Purchase Price: $0.06 per common share
Warrants: 3,916,632 warrants to purchase 3,916,632 common
shares.
Warrants Exercise Price: $0.10 per common share for 12 months following
the closing of the Private Placement
Number of Placees: 25 placees
Insider/Pro Group Participation:
Insider equals Y/
Name Pro Group equals P Number of Shares
Michael Marosits P 150,000
Bryan Henry P 183,333
Denis Amoroso P 150,000
Gestion SOR Ltée
(Octavio Soares) Y 200,000
Judy Taylor P 70,000
Victor Goncalves Y 300,000
Antoine Fournier Y 100,000
Finder's fee: $3,720 was paid in cash to PI Financial Corp.
The Company confirmed the closing of that private placement pursuant to a
news release dated September 30, 2010.
RESSOURCES THREEGOLD INC. ("THG")
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 27 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 21
septembre 2010 :
Nombre d'actions : 3 916 632 actions ordinaires
Prix : 0,06 $ par action ordinaire
Bons de souscription : 3 916 632 bons permettant d'acquérir
3 916 632 actions ordinaires.
Prix d'exercice des bons : 0,10 $ par action durant une période initiale
de 12 mois suivant la clôture du placement
privé
Nombre de souscripteurs : 25 souscripteurs
Participation initié/Groupe Pro :
Initié égale Y/
Nom Groupe Pro égale P Nombre d'actions
Michael Marosits P 150 000
Bryan Henry P 183 333
Denis Amoroso P 150 000
Gestion SOR Ltée
(Octavio Soares) Y 200 000
Judy Taylor P 70 000
Victor Goncalves Y 300 000
Antoine Fournier Y 100 000
Rémunération de
l'intermédiaire : 3 720 $ a été payé à PI Financial Corp.
La société a confirmé la clôture de ce placement dans un communiqué de
presse du 30 septembre 2010.
-----------------------------
TITAN TRADING ANALYTICS INC. ("TTA")
BULLETIN TYPE: Amendment, Private Placement-Non-Brokered
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
AMENDMENT:
Further to the TSX Venture Exchange Bulletin dated October 25, 2010, the
Exchange has accepted an amendment with respect to a Non-Brokered Private
Placement as follows:
Finder's Fee: $14,500 payable to Shane Walklin
-----------------------------
TRAFINA ENERGY LTD. ("TFA.A")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced October 1, 2010:
Number of Shares: 150,000 common shares
Purchase Price: $0.30 per share
Number of Placees: 1 placee
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Edward Marcinew Y 150,000
No Finder's Fee
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s). The Company must also
issue a news release if the private placement does not close promptly.
-----------------------------
UNX ENERGY CORP. ("UNX")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: October 27, 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.
-----------------------------
UPPER CANADA GOLD CORPORATION ("UCC")
BULLETIN TYPE: Shares for Debt, Shares for Services
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
Shares for Debt:
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 33,103 shares to settle outstanding debt for $7,200.
Number of Creditors: 1 Creditor
Insider/Pro Group Participation:
Deemed
Insider equals Y/ Amount Price No. of
Creditor Progroup equals P Owing per Share Shares
Vandelay I&C
Corporation
(B. Conroy) Y $7,200 $0.2175 33,103
The Company shall issue a news release when the shares are issued and the
debt extinguished.
Shares for Services:
TSX Venture Exchange has accepted for filing the Company's proposal to
issue up to 288,000 shares at a deemed price of the greater of $0.05 and the
Discounted Market Price as at the end of each quarter up to and including
March 31, 2011, in consideration of certain services provided to the company
pursuant to an agreement dated April 1, 2010. The shares shall be issued in
two tranches, shortly after December 31, 2010, and March 31, 2011.
Insider/Pro Group Participation:
Deemed
Insider equals Y/ Amount Price No. of
Creditor Progroup equals P Owing per Share Shares
Vandelay I&C
Corporation Minimum up to
(B. Conroy) Y $14,400 $0.05 288,000
The Company shall issue a news release when the shares are issued.
-----------------------------
VECTA ENERGY CORPORATION ("VER")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 1,400,000 shares at a deemed price of $0.05, in consideration of certain
services provided by a non-Arms Length Party to the Company pursuant to an
agreement dated September 27, 2010.
Insider/Pro Group Participation:
Deemed
Insider equals Y/ Amount Price No. of
Creditor Progroup equals P Owing per Share Shares
Rembrandt
Resources Ltd.
(David
Malarchuk) Y $70,000 $0.05 1,400,000
The Company shall issue a news release when the shares are issued.
-----------------------------
VICTORY RESOURCES CORPORATION ("VR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation with
respect to a Non-Brokered Private Placement announced October 18, 2010:
Number of Shares: 4,045,000 shares
Purchase Price: $0.25 per share
Warrants: 2,022,500 share purchase warrants to purchase
2,022,500 shares
Warrant Exercise Price: $0.40 for a two year period
Number of Placees: 24 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Wally Boguski Y 200,000
Finder's Fee: $72,900 payable to Stikine Capital Limited
(P. Rizzi)
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.
-----------------------------
WESTSTAR RESOURCES CORP. ("WER")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 27, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced October 13, 2010:
Number of Shares: 3,625,000 shares
Purchase Price: $0.17 per share
Warrants: 3,625,000 share purchase warrants to purchase
3,625,000 shares
Warrant Exercise Price: $0.23 for a two year period
Number of Placees: 32 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Mitchell Adam Y 250,000
Nav Dhaliwal Y 100,000
Brian Kaufman P 30,000
Kerry Chow P 150,000
Dallas Fahy P 100,000
Rider Capital Corp. P 50,000
Finder's Fee: $17,850 payable to Canaccord Genuity Corp.
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.
-----------------------------
NEX COMPANIES
BULLETIN TYPE: Listing Maintenance Fee-Delist
BULLETIN DATE: October 27, 2010
NEX Company
Effective at the close of business Thursday, October 28, 2010, and in
accordance with NEX Policy, section 15, the following companies' securities
will be delisted from NEX, for failure to pay their quarterly NEX Listing
Maintenance Fee. Prior to delisting, these companies' securities were subject
to a suspension from trading.
------------------------------------------------
Symbol Company Name
------------------------------------------------
("CUL.H") CASH CANADA GROUP LTD.
------------------------------------------------
("UNO.H") FIRST NARROWS RESOURCES CORP.
------------------------------------------------
("MPX.H") IMPAX ENERGY SERVICES INCOME TRUST
------------------------------------------------
("PMN.H") PIXMAN NOMADIC MEDIA INC.
------------------------------------------------
("WIS.H") PRODUCTION ENHANCEMENT GROUP, INC.
------------------------------------------------
("PST.H") PSINAPTIC INC.
------------------------------------------------
("WWF.H") WINFIELD RESOURCES LIMITED
------------------------------------------------
-----------------------------
CARLAW CAPITAL III CORP. ("CW.H")
BULLETIN TYPE: Remain Suspended
BULLETIN DATE: October 27, 2010
NEX Company
Further to the Company's press release dated October 26, 2010, the
Company's proposed Qualifying Transaction has been terminated. Shares of the
Company are to remain suspended.
-----------------------------
LOYALIST GROUP LIMITED ("LOY.H")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: October 27, 2010
NEX Company
Further to TSX Venture Exchange Bulletin dated October 26, 2010, effective
at 12:51 p.m. PST, October 27, 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.
-----------------------------
SERENO CAPITAL CORPORATION ("SZZ.H")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: October 27, 2010
NEX Company
Further to TSX Venture Exchange Bulletin dated June 25, 2010 and the
Company's press release dated September 27, 2010, its proposed qualifying
transaction has been terminated.
Effective at the opening Thursday, October 28, 2010, trading will be
reinstated in the securities of the Company.
-----------------------------
For further information: Market Information Services at 1-888-873-8392, or email: [email protected]
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