VANCOUVER, Nov. 11 /CNW/ -
TSX VENTURE COMPANIES:
ATACAMA PACIFIC GOLD CORPORATION ("ATM")
BULLETIN TYPE: New Listing-IPO-Shares
BULLETIN DATE: November 11, 2010
TSX Venture Tier 1 Company
The Company's Initial Public Offering ('IPO') Prospectus dated October 29, 2010, has been filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Ontario Security Commission on November 3, 2010, pursuant to the provisions of the Ontario, British Columbia, Alberta, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador Securities Acts.
The gross proceeds received by the Company for the Offering were $28,875,000.00 (10,500,000 common shares at $2.75 per share). The Company is classified as a 'Gold Mining' company.
| Commence Date: | At the opening Friday, November 12, 2010, the Common shares will commence trading on TSX Venture Exchange | |
| Corporate Jurisdiction: | Canada | |
| Capitalization: Escrowed Shares: |
Unlimited 36,944,233 0 |
common shares with no par value of which common shares are issued and outstanding common shares |
| Transfer Agent: Trading Symbol: CUSIP Number: |
|
Equity Financial Trust Company ATM 04650Q 10 7 |
| Underwriters: | Canaccord Genuity Corp., GMP Securities L.P. and RBC Dominion Securities Inc. | |
| Over-Allotment Option: | The Underwriters have over-allotted the Offering to the extent of 1,575,000 shares at a price of $2.75 up to the close of business on December 10, 2010. | |
| Underwriter's Warrants: | 492,428 non-transferable share purchase warrants. One warrant to purchase one share at $2.75 per share up to November 10, 2011. | |
| For further information, please refer to the Company's Prospectus dated October 29, 2010. | ||
| Company Contact: Company Address: |
|
Carl B. Hansen, President and CEO 199 Bay Street, suite 5300 Toronto, Ontario M5L 1B9 |
| Company Phone Number: Company Fax Number: Company Email Address: |
|
(416) 953 - 0258 (416) 947 - 0866 [email protected] |
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BALMORAL RESOURCES LTD. ("BAR")
[formerly Balmoral Resources Ltd. ("BAR.H")]
BULLETIN TYPE: Graduation from NEX to TSX Venture, Symbol Change, Resume Trading, Property-Asset or Share Purchase Agreement, Property-Asset or Share Purchase Agreement, Private Placement-Brokered
BULLETIN DATE: November 11, 2010
NEX Company
The Company has met the requirements to be listed as a TSX Venture Tier 1 Company. Therefore, effective at the opening on Friday, November 12, 2010, the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 1 and the Filing and Service Office will change from NEX to Vancouver.
Effective at the opening, Friday, November 12, 2010, the trading symbol for the Company will change from BAR.H to BAR, and trading in the shares of the Company will resume.
| Capitalization: Escrow: |
Unlimited 62,884,094 4,500,000 |
shares with no par value of which shares are issued and outstanding shares |
Acquisition of a right to earn a 100% interest in certain properties located in Ontario and Quebec:
TSX Venture Exchange Inc. has accepted for filing documentation in connection with a purchase agreement (the 'Agreement') dated November 3, 2010 between the Company and American Bonanza Gold Corp. ('Bonanza') (TSX:BZA), under which the Company purchased Bonanza's right to earn a 100% interest in the Fenelon, Northway-Noyon, Martiniere and Northshore properties. Balmoral made a cash payment to Bonanza of $3,700,000; and issued 4,500,000 common shares.
Acquisition of an option to earn up to a 60% interest in the Detour East (Massicotte) Project (the 'Property') located in Quebec:
TSX Venture Exchange Inc. has accepted for filing documentation in connection with an option agreement (the "Agreement") dated November 3, 2010, between the Company and Radisson Mining Resources Inc. ('Radisson'), under which the Company has the option to earn up to a 60% interest in the Property. In order to earn a 51% interest, the Company must complete the following:
- pay a total of $150,000 within two years ($100,000 in the first year) to Radisson;
- issue 100,000 common shares within one year to Radisson; and,
- expend up to $1,475,000 in exploration expenditures within a three year period.
To earn a further 9% interest (60% in total) (the "Second Option"), the Company must complete the following within three years of electing to exercise the Second Option:
- deliver to Radisson a NI 43-101 compliant resource report documenting a minimum of 500,000 ounces of gold equivalent measured and indicated resource on the Property; or,
- complete an additional $1,800,000 in exploration expenditures on the Property.
Private Placement-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced September 7, 2010 and September 21, 2010:
| Number of Shares: | |
3,812,500 flow-through shares 24,916,600 non flow-through shares |
|||||||||
| Purchase Price: | |
$0.80 per flow-through share $0.60 per non flow-through share |
|||||||||
| Warrants: | 12,458,300 share purchase warrants to purchase 12,458,000 shares | ||||||||||
| Warrant Exercise Price: | $0.94 for a two year period | ||||||||||
| Number of Placees: | 212 placees | ||||||||||
| Agents' Fees: | |
$485,998.92 and 775,686 Agent Warrants payable to Haywood Securities Inc. $485,998.92 and 775,686 Agent Warrants payable to Raymond James Ltd. $107,999.76 and 172,374 Agent Warrants payable to Canaccord Genuity Corp. - Each Agent Warrant is exercisable into one common share at $0.94 until November 9, 2012. |
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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BISON GOLD RESOURCES INC. ("BGE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 11, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 7, 2010 and October 26, 2010:
| Number of Shares: | 8,688,000 shares | |||||||||||
| Purchase Price: | $0.25 per share | |||||||||||
| Number of Placees: | 25 placees | |||||||||||
| Finder's Fee: | $203,700 payable to Uxbridge Capital Funding 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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GREENOCK RESOURCES INC. ("GKR")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 11, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 5,474,429 shares at a deemed price of $0.07 per share to settle outstanding debt for $383,210.
| Number of Creditors: | 2 Creditors | |||||||||||||||||
| Insider / Pro Group Participation: | ||||||||||||||||||
| Creditor |
Insider=Y / Progroup=P |
Amount Owing |
Deemed Price per Share |
|
# of Shares | |||||||||||||
| Porphyry Inc. (Michael Newbury) |
|
|
|
|
|
Y |
|
|
|
$222,900 |
|
|
|
$0.07 |
|
|
|
3,184,286 |
| Sandy Hershaw | Y | $160,310 | $0.07 | 2,290,143 |
Disinterested shareholders approved of the debt settlement at the Company's November 9, 2010 Annual & Special Meeting.
The Company shall issue a news release when the shares are issued and the debt extinguished.
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MEDALLION RESOURCES LTD. ("MDL")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: November 11, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange dated November 8, 2010 the Company has advised that the following information is amended:
| Finders' Fees: | 51,877 finder's units comprised of one share and one half of one warrant with each full warrant exercisable at $0.40 for three years from closing and 69,170 finder's warrants exercisable at $0.40 for two years from closing payable to Canaccord Genuity Corp. |
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NEVADA EXPLORATION INC. ("NGE")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 11, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 532,000 common shares at a deemed price of $0.05 per share, to settle an outstanding debt of $26,600.
Number of Creditors: 1 creditor
The Company has issued a news release dated September 22, 2010 in connection with that transaction.
NEVADA EXPLORATION INC. (« NGE »)
TYPE DE BULLETIN : Émission d'actions en règlement d'une dette
DATE DU BULLETIN : Le 11 novembre 2010
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation de la société en vertu de l'émission proposée de 532 000 actions ordinaires au prix réputé de 0,05 $ l'action, en règlement d'une dette de 26 600 $.
Nombre de créanciers : 1 créancier
La société a émis un communiqué de presse daté du 22 septembre 2010 relativement à cette transaction.
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NORTHERN SPIRIT RESOURCES INC. ("NS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 11, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 24, 2010:
| Number of Shares: | 800,000 common shares | ||||||||||
| Purchase Price: | $0.25 per common share | ||||||||||
| Number of Placees: | 1 placee |
No Insider / Pro Group Participation
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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REALM ENERGY INTERNATIONAL CORPORATION ("RLM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 11, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 28, 2010:
| Number of Shares: | 10,000,000 shares | ||||
| Purchase Price: | $0.60 per share | ||||
| Warrants: | 5,000,000 share purchase warrants to purchase 5,000,000 shares | ||||
| Warrant Exercise Price: | $0.95 for a two year period | ||||
| Number of Placees: | 1 placees | ||||
| Insider / Pro Group Participation: | |||||
| Name |
Insider=Y / ProGroup=P / |
# of Shares |
|||
| Quantum Partners LP | Y | 10,000,000 | |||
| Finders' Fees: | |
300,000 Units payable to BMO Nesbitt Burns Inc. 600,000 Units payable to Peninsula Merchant Syndications Corp. (Sameh Magid) - Each Unit consists of one share and one-half share purchase warrant on the same terms as 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.]
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SPARTON RESOURCES INC. ("SRI")
BULLETIN TYPE: Halt
BULLETIN DATE: November 11, 2010
TSX Venture Tier 2 Company
Effective at 6:00 a.m. PST, November 11, 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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SPARTON RESOURCES INC. ("SRI")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 11, 2010
TSX Venture Tier 2 Company
Effective at 7:15 a.m., PST, November 11, 2010, shares of the Company resumed trading, an announcement having been made over Marketwire.
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SURGE ENERGY INC. ("SGY")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: November 11, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced October 20, 2010:
| Number of Shares: | 8,001,000 subscription receipts ("Receipts") | ||
| Each Receipt entitles the holders thereof to one common share of the Company for no additional consideration and without further action by such holder under certain circumstances as outlined in the Company's press release dated October 20, 2010 | |||
| Purchase Price: | $5.25 per Receipt | ||
| Number of Placees: | 360 placees | ||
| Insider / Pro Group Participation: | |||
| Name |
Insider=Y / ProGroup=P / |
# of Receipts |
|
| Paul Colborne | Y | 70,000 | |
| Edgeco Fitness Inc. (Robert Leach) | Y | 10,000 | |
| R.A.L. Consulting Ltd. (Robert Leach) | Y | 100,000 | |
| Dan O'Neil | Y | 5,000 | |
| Maxwell Lof | Y | 10,000 | |
| Teepy Tang | P | 4,700 | |
| Chlorophylle Contracting Ltd. (Jean Francis Temblay) | P | 2,000 | |
| Alison M. Keene & Robert P. O'Callaghan | P | 5,000 | |
| ABC Capital Management | P | 25,000 | |
| Karim Allani | P | 8,000 | |
| Shamim Allani | P | 8,000 | |
| Carlos Vargas | P | 14,000 | |
| Agents' Fees: | |
$672,084 cash paid to National Bank Financial Inc. $462,058 cash paid to FirstEnergy Capital Corp. $315,039 cash paid to GMP Securities L.P. $262,533 cash paid to Macquarie Capital Markets Canada Ltd. $168,021 cash paid to BMO Capital Markets Corp. $94,512 cash paid to Scotia Capital Inc. $63,008 cash paid to CIBC World Markets Inc. $63,008 cash paid to Peters & Co. Limited |
|
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XCITE ENERGY LIMITED ("XEL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 11, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 7, 2010:
| Number of Shares: | 2,840,893 shares | ||||||||||
| Purchase Price: | $1.70 per share | ||||||||||
| Warrants: | 150,000 share purchase warrants to purchase 150,000 shares | ||||||||||
| Warrant Exercise Price: | $3.70 for up to 24 months from date of issuance | ||||||||||
| Number of Placees: | 1 placee |
No Insider / Pro Group Participation
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.
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For further information:
Market Information Services at 1-888-873-8392, or email: [email protected]
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