TSX Venture Exchange Daily Bulletins

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TSX Venture Exchange

Dec 09, 2015, 18:13 ET

VANCOUVER, Dec. 9, 2015 /CNW/ -

TSX VENTURE COMPANIES

BULLETIN TYPE:  Cease Trade Order
BULLETIN DATE:  December 9, 2015
TSX Venture Company

A  Cease Trade Order has been issued by the British Columbia Securities Commission on December 8, 2015 against the following company for failing to file the documents indicated within the required time period:

Symbol      

Tier       

Company                         

Failure to File                                               

Period





Ending





(Y/M/D)

SHI              

2

Sunrise Resources            

interim financial statements                            





as required under Part 4 of National               





Instrument 51-102 Continuous                         



Disclosure Obligations (NI 51-102),                





for the financial period ended                        

15/09/30



a Form 51-102F1 Management's                   





Discussion and Analysis as required               



under Part 5 of NI 51-102 for the                     



period ended                                                  

 15/09/30

Upon revocation of the  Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements.  Members are prohibited from trading in the securities of the companies during the period of the suspension or until further notice.

________________________________________

BAYSHORE PETROLEUM CORP.  ("BSH")
BULLETIN TYPE:  Remain Halted - Reverse Takeover, Change of Business
BULLETIN DATE:  December 9, 2015
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated December 8, 2015, 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 Take-Over pursuant to TSXV Listings Policy 5.2

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.

________________________________________

CAMEO RESOURCES CORP. ("CRU")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  December 9, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,140,272 shares to settle outstanding debt for $214,027.15.

Number of Creditors:                            

3 Creditors







Insider / Pro Group Participation:









Insider=Y /   

             Amount

          Deemed Price


Creditor                                             

Progroup=P 

                Owing

                 per Share

              # of Shares

Souhail Abi-Farrage                            

Y                   

$116,027.15

$0.10

1,160,272

Sundance Gold Ltd.



 (Souhail Abi-Farrage)                         

Y                   

$30,000

$0.10

300,000

The Company shall issue a news release when the shares are issued and the debt extinguished.

________________________________________

ERIN VENTURES INC. ("EV")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  December 9, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 25, 2015 and closed December 4, 2015:

Number of Securities:                           

10,290,000 common share units ("Units"). Each unit consists of one common share and one share purchase warrant


Purchase Price:                                   

$0.06 per Unit


Warrants:                                             

10,290,000 share purchase warrants



Warrant Exercise Price:                        

The Warrants are exercisable for three (3) years at a price of $0.15 in year one, $0.30 in year two, and $0.50 in year three.  Additionally, the Warrants will be subject to an accelerated exercise clause (the "Clause").  The Clause states that in the event the Shares of the company close on the Exchange at a price equal or greater than the designated trigger price for more than twenty (20) consecutive trading days, the Company shall have the right to give written notice to the holder requiring the holder to exercise the Warrant, in whole or in part, within a period of thirty (30) days from the date of receipt of notice from the Company.  Any portion of the Warrant remaining unexercised after the expiration of the 30 day period will be cancelled and will thereafter, be void and of no force or effect.  The designated trigger price is $0.30 per share in the first year, $0.50 per share in the second year, and $0.70 in the third year.



Number of Placees:                              

25 Placees


Insider / Pro Group Participation:        

None


Finder's Fee:                                       

$840 cash payable to Marc Foschia

$8,400 cash payable to August V. Scerbo

$1,200 cash payable to Lamont Stradeski

$10,350 cash payable to John Wiebe

________________________________________

GOLD RIDGE EXPLORATION CORP. ("GEA.H")
[formerly ("GEA")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Resume Trading
BULLETIN DATE:  December 9, 2015
TSX Venture Tier 2 Company

In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company.   Therefore, effective at the opening on December 11, 2015, 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 X to NEX.

As of December 11, 2015, 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 GEA to GEA.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.

Further to the TSX Venture Exchange Bulletins dated May 12, 2015, effective at the opening on December 11, 2015, shares of the Company will resume trading; the Company having announced the termination of the proposed Reverse Take-Over on October 27, 2015.

________________________________________

INCA ONE GOLD CORP. ("IO")
BULLETIN TYPE:  Shares for Services
BULLETIN DATE: December 9, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 500,000 shares at a deemed price of $0.15 per share, in consideration of certain advisory services provided to the company pursuant to an agreement dated September 25, 2015.

The Company shall issue a news release when the shares are issued.

________________________________________

INTERNATIONAL SAMUEL EXPLORATION CORP.  ("ISS")
BULLETIN TYPE:  Halt
BULLETIN DATE:  December 9, 2015
TSX Venture Tier 2 Company

Effective at 12:14 p.m. PST, December 8, 2015, trading in the shares of the Company was halted at the request of the Company, pending news.  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.

________________________________________

KANE BIOTECH INC. ("KNE")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE:  December 9, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:

Private Placement:

# of Warrants:                                                    

4,000,000

Original Expiry Date of Warrants:                         

December 18, 2015

New Expiry Date of Warrants:                              

December 18, 2017

Exercise Price of Warrants:                                 

$0.095

These warrants were issued pursuant to a private placement of a $5,000,000 redeemable unsecured note with 4,000,000 share purchase warrants attached, which was accepted for filing by the Exchange effective December 20, 2013.

________________________________________

NEUTRISCI INTERNATIONAL INC. ("NU")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  December 9, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 20, 2015 and November 26, 2015:

Number of Shares:                                         

13,013,000 shares



Purchase Price:                                             

$0.18 per share



Warrants:                                                       

13,013,000 share purchase warrants to purchase 13,013,000 shares



Warrant Exercise Price:                                 

$0.25 for a two year period



Number of Placees:                                        

49 Placees



Insider / Pro Group Participation:





Insider=Y /


Name                                                              

ProGroup=P                                                                                    

# of Shares

Aggregate Pro Group



Involvement [7 Placees]                                 

P                                                                                                          

1,453,000



Finder's Fee:                                                 

Canaccord Genuity Corp. $2,880 cash and 16,000 warrants payable.

Haywood Securities Inc. $7,704 cash and 42,800 warrants payable.

GMP Securities L.P. $82,411.20 cash and 457,840 warrants payable.

Alpha North Asset Management $20,016 cash and 111,200 warrants payable.

Delbrook Capital Advisors Inc. $14,400 cash and 80,000 warrants payable.

-Each warrant is exercisable into one unit at $0.18, each unit comprises



one common share and one common share purchase warrant entitling the



holder to purchase one common share at $0.25 for two years from 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.]

________________________________________

PANCONTINENTAL URANIUM CORPORATION  ("PUC.H")
[formerly Pancontinental Uranium Corporation ("PUC")]
BULLETIN TYPE:  Property-Asset or Share Disposition Agreement, Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE:  December 09, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation pertaining to a Joint Venture Interest Sale Deed and Conditional Deed of Release and Settlement, dated January 15, 2015, between Pancontinental Uranium Corp. (the "Company"), Essential Mining Resources Pty Ltd. (the "Purchaser") and Crossland Strategic Metals Ltd. ("Crossland"), whereby the Company has sold its entire (43.72%) interest in the joint venture (JV) with Crossland.  The JV holds the Charley Creek rare earth element (REE) project and a number of other prospective uranium and REE properties in the Northern Territory of Australia.

Total consideration given in exchange for the Company's interest in the JV were aggregate cash payments of AUD$1,300,000.  The Company retained a 1% gross overriding royalty on sales of all production from 100% of the property.

In accordance with TSX Venture Policy 2.5, the Company has not maintained its continued listing requirements for a TSX Venture Tier 2 company.  Therefore, effective at the opening Monday, December 14, 2015, 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 Toronto to NEX.

As of December 14, 2015, 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 PUC to PUC.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.

For further details, please refer to the Company news releases dated January 15, 2015, October 7, 2015 and November 26, 2015.

_______________________________________

PHOENIX GOLD RESOURCES CORP.  ("PXA")
BULLETIN TYPE:  Halt
BULLETIN DATE:  December 9, 2015
TSX Venture Tier 2 Company

Effective at 4:50 a.m. PST, December 9, 2015, trading in the shares of the Company was halted at the request of the Company, pending news.  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.

________________________________________

PHOENIX GOLD RESOURCES CORP.  ("PXA")
BULLETIN TYPE:  Remain Halted - Reverse Takeover, Change of Business
BULLETIN DATE:  December 9, 2015
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated December 9, 2015, 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 Take-Over pursuant to TSXV Listings Policy 5.2.

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.

________________________________________

PINE CLIFF ENERGY LTD. ("PNE")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  December 9, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 9, 2015:

Number of Shares:                                                             

2,777,778 shares



Purchase Price:                                                                 

$1.08 per share



Warrants:                                                                           

None



Number of Placees:                                                            

36 Placees



Insider / Pro Group Participation:





Insider=Y /


Name                                                                                  

ProGroup=P                                                                               

# of Shares

George Fink                                                                       

Y                                                                                                  

1,766,800

Phil Hodge                                                                          

Y                                                                                                        

75,000

Terry McNeill                                                                     

Y                                                                                                       

37,037

Cheryne Lowe                                                                   

Y                                                                                                       

45,063



Finder's Fee:                                                                      

None

________________________________________

RAINMAKER RESOURCES LTD.  ("RIR")
BULLETIN TYPE:  Halt
BULLETIN DATE:  December 9, 2015
TSX Venture Tier 2 Company

Effective at 11:30 a.m. PST, December 8, 2015, trading in the shares of the Company was halted at the request of the Company, pending news.  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.

________________________________________

RAINMAKER RESOURCES LTD.  ("RIR")
BULLETIN TYPE:  Remain Halted - Reverse Takeover, Change of Business
BULLETIN DATE:  December 9, 2015
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated December 8, 2015, 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 Take-Over pursuant to TSXV Listings Policy 5.2.

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.

________________________________________

ROCKY MOUNTAIN LIQUOR INC.  ("RUM.DB")
BULLETIN TYPE:  Normal Course Issuer Bid
BULLETIN DATE:  December 09, 2015
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 December 8, 2015, it may repurchase for cancellation, up to $849,600 principal of the Company's convertible debentures (the "Debentures").  The purchases are to be made through the facilities of TSX Venture Exchange or other recognized marketplaces during the period December 15, 2015 to April 30, 2016, being the date the Debentures mature.  Purchases pursuant to the bid will be made by National Bank Financial on behalf of the Company.

________________________________________

SMART EMPLOYEE BENEFITS INC. ("SEB")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  December 9, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 2, 2015 and December 7, 2015:

Number of Shares:                          

10,000,000 common shares


Purchase Price:                              

$0.40 per share


Warrants:                                        

10,000,000 share purchase warrants attached to purchase 10,000,000 shares


Warrant Exercise Price:                   

$0.75 for a two year period


Number of Placees:                         

1 Placee


Finder's Fees:                                 

an aggregate of $179,600 plus 897,500 finder's warrants (each exercisable into one common share at a price of $0.40 for an eighteen month period) is payable to Raymond James Ltd., Paradigm Capital Inc., Global Securities Corporation and Industrial Alliance Securities 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.

________________________________________

TELSON RESOURCES INC. ("TSN")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  December 9, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 14, 2015:

Number of Shares:                                         

6,960,000 shares



Purchase Price:                                             

$0.05 per share



Warrants:                                                      

3,480,000 share purchase warrants to purchase 3,480,000 shares



Warrant Exercise Price:                                 

$0.05 for a two year period



Number of Placees:                                       

2 Placees



Insider / Pro Group Participation:





Insider=Y /


Name                                                             

ProGroup=P                                                                                     

# of Shares

Promotora de Sistemas de



Informacion S.A.P.I de C.V.                           

Y                                                                                                           

3,480,000

Estrategica Corporative en



Finanzas S.A.P.I. de C.V.                             

Y                                                                                                             

3,480,000

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.]

________________________________________

TERRA NOVA ENERGY LTD.  ("TGC")
BULLETIN TYPE:  Halt
BULLETIN DATE:  December 9, 2015
TSX Venture Tier 2 Company

Effective at 9:08 a.m. PST, December 9, 2015, trading in the shares of the Company was halted at the request of the Company, pending news.  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.

________________________________________

ZENITH ENERGY LTD. ("ZEE")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  December 9, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 27, 2015:

Number of Securities:                                

4,214,125 common share units ("Units")

Each Unit consists of one common share and one common share purchase warrant


Purchase Price:                                        

$0.08 per Unit


Warrants:                                                  

4,214,125 share purchase warrants to purchase 4,214,125 shares


Warrant Exercise Price:                            

$0.25 per share at any time on or before the date that is 36 months from the date of issuance


Number of Placees:                                   

4 Placees


Insider / Pro Group Participation:             

None


Finder's Fee:                                            

None

________________________________________

NEX COMPANIES

CARDINAL CAPITAL PARTNERS INC. ("CCP.H")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 9, 2015
NEX Company 

Further to TSX Venture Exchange Bulletin dated June 3, 2014, the Company has terminated its proposed Reverse Take-Over.  Please refer to the Company's press release dated December 9, 2015 for further details.

Effective at the opening on Thursday, December 10, 2015, trading will be reinstated in the securities of the Company. 

_______________________________________

PLICIT CAPITAL CORP.  ("PLP.H")
BULLETIN TYPE:  Remain Halted - Qualifying Transaction
BULLETIN DATE:  December 9, 2015
NEX Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated December 2, 2015, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Qualifying Transaction pursuant to TSXV Listings Policy 2.4.

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.

________________________________________

SOURCE TSX Venture Exchange

For further information: Market Information Services at 1-888-873-8392, or email: information@venture.com

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Dec 09, 2015, 18:13 ET