TSX Venture Exchange Daily Bulletins

News provided by

TSX Venture Exchange

Dec 21, 2015, 21:19 ET

VANCOUVER, Dec. 21, 2015 /CNW/ -

TSX VENTURE COMPANIES

ALDEVER RESOURCES INC. ("ALD")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  December 21, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 17, 2015:

Number of Shares:  

1,458,818 shares (of which 898,818 are flow-through)


Purchase Price:                        

$0.17 per share


Warrants:                                 

1,458,818 share purchase warrants to purchase 1,458,818 shares


Warrant Exercise Price:            

$0.20 for a three year period


Number of Placees:                   

8 Placees


Finder's Fee:                            

Secutor Capital Management  - $13,989.92 and 80,894 warrants that are exercisable into common shares at $0.17 per share for a 36 month period.



Canaccord Genuity Corp. - $238.00

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.

________________________________________

ATLANTA GOLD INC. ("ATG")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  December 21, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 3, 2015:

Number of Shares:     

2,950,000 shares


Purchase Price: 

CDN$0.069 per share


Number of Placees:  

1 Placee

For further details, please refer to the Company's news release dated December 16, 2015.

                                        ________________________________________


BANKS ISLAND GOLD LTD ("BOZ")
BULLETIN TYPE:  Halt
BULLETIN DATE:  December 21, 2015
TSX Venture Tier 2 Company

Effective at 5:01 a.m. PST, December 21, 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.

________________________________________

BAROYECA GOLD & SILVER INC. ("BGS")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: December 21, 2015
TSX Venture Tier 2 Company

Further to TSX Venture Exchange Bulletin dated October 6, 2015, the Company has applied for reinstatement to trading.

Effective at the opening Tuesday, December 22, 2015 trading will be reinstated in the securities of the Company.

_______________________________________

BCM RESOURCES CORPORATION ("B")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  December 21, 2015
TSX Venture Tier 2 Company

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

Number of Shares: 

4,401,000 shares



Purchase Price:

$0.05 per share



Number of Placees:    

7 Placees




Insider / Pro Group Participation:




Insider=Y /

Name

Pro Group=P

# of Shares

Dale McClanaghan 

 Y                          

881,000

Deborah Goldbloom

Y

1,409,000

Craig Thomas

Y

100,000

Aggregate Pro-Group Involvement [1 placee]


P

862,000

The above information is a summary only.  Neither TMX Group Limited nor any of its affiliated companies guarantees the accuracy or completeness of the information contained in this document.  Readers should consult the issuer's continuous disclosure record for complete details of the transaction.

________________________________________

CEAPRO INC ("CZO")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  December 21, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 273,540 shares to settle outstanding debt for $90,268 related to settlement of outstanding Directors fees.

Number of Creditors:   

5 Creditors







Insider / Pro Group Participation:











Insider=Y /               

Amount          

Deemed Price

Creditor   

Progroup=P                

Owing                

per Share        

# of Shares





Glenn Rourke

Y

$23,775

$0.33

72,046

John Zupancic   

Y 

$13,462

$0.33

40,794

Donald J. Oborowsky   

Y 

$13,462

$0.33

40,794

William W. Li    

Y

$23,621

$0.33

71,579

Ulrich Kosciessa     

Y

$15,948

$0.33

48,327

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

________________________________________

EUROCONTROL TECHNICS GROUP INC. ("EUO")
BULLETIN TYPE:  Property-Asset or Share Disposition Agreement
BULLETIN DATE:  December 21, 2015|
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation relating to a Purchase Agreement (the "Agreement") dated November 6, 2015 between an arm's length party (the "Purchaser") and Eurocontrol Technics Group Inc. (the "Company").  Pursuant to the Agreement, the Company shall dispose of the issued and outstanding shares of its wholly-owned subsidiary, Global Fluids International S.A. ("GFI").  Further, pursuant to the Agreement, Xenemetrix Ltd., another wholly-owned subsidiary of the Company shall continue to supply GFI its products and services on an exclusive basis within the oil and gas marketing and monitoring fields of GFI's current operations.

In consideration the Company shall receive $16,000,000 (less $250,000 deposit already received, $286,000 transaction payments and working capital adjustments subject to positive working capital of $1,000,000 on closing).  In addition, the Company shall also receive certain earn-out payments based on net revenue for six years from closing and settlement of loan amounts owing by the Company to GFI.

For more information please refer to the Company's news release dated November 6, 2015.

________________________________________

GRAPHENE 3D LAB INC. ("GGG")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  December 21, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 10, 2015 and December 11, 2015:

Number of Shares:    

4,300,000 shares



Purchase Price:   

$0.25 per share



Warrants: 

4,300,000 share purchase warrants to purchase 4,300,000 shares



Warrant Exercise Price:   

$0.30 for a two year period



Number of Placees:   

23 Placees



Insider / Pro Group Participation:



Insider=Y /


Name      

ProGroup=P

# of Shares




Aggregate Pro Group Involvement    

P

303,000

[4 Placees]




Finder's Fee:     

$49,000 payable to John Street Capital Inc.

$17,500 payable to Wolverton Securities Ltd.

$7,000 payable to Mackie Research Capital Corp.

The Company issued a news release on December 18, 2015 confirming closing of the private placement. 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.

________________________________________

GREENPOWER MOTOR COMPANY INC. ("GPV")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  December 21, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 5, 2015 and December 8, 2015:

Number of Shares:     

6,201,699 shares



Purchase Price:     

$0.35 per share



Warrants:

3,100,846 share purchase warrants to purchase 3,100,846 shares



Warrant Exercise Price:

$0.50 for a one year period




$0.75 in the second year




$1.00 in the third year



Number of Placees:   

30 Placees



Insider / Pro Group Participation:



Insider=Y /


Name   

ProGroup=P

# of Shares

Malcolm Clay  

Y

200,000

Countryman Investments Limited (Dave Richardson)


Y

2,857,144

Mark Achtemichuk  

Y

15,700



Finder's Fee: 

$490 payable to Wolverton Securities

$875 payable to Caerus Management (Taylor MacDonald)

$2,450 payable to Lancar Holdings (Warren Lance)

The Company issued a news release on December 21, 2015 confirming closing of the private placement. 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.

________________________________________

GREENPOWER MOTOR COMPANY INC. ("GPV")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  December 21, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 5, 2015 and December 8, 2015:

Number of Shares: 

6,201,699 shares



Purchase Price:    

$0.35 per share



Warrants:   

3,100,846 share purchase warrants to purchase 3,100,846 shares



Warrant Exercise Price: 

$0.50 for a one year period




$0.75 in the second year




$1.00 in the third year



Number of Placees:  

30 Placees



Insider / Pro Group Participation:     

Insider=Y /


Name     

ProGroup=P

# of Shares

Malcolm Clay 

Y

200,000

Countryman Investments Limited (Dave Richardson)

Y

2,857,144

Mark Achtemichuk

Y

15,700



Finder's Fee:

$490 payable to Wolverton Securities

$875 payable to Caerus Management (Taylor MacDonald)

$2,450 payable to Lancar Holdings (Warren Lance)

The Company issued a news release on December 21, 2015 confirming closing of the private placement. 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.

________________________________________

INOVENT CAPITAL INC. ("IVQ.P")
BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction within 24 months of Listing
BULLETIN DATE: December 21, 2015
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange Bulletin dated November 18, 2015, effective at the open, Tuesday December 22, 2015 trading in the shares of the Company will be suspended, the Company having failed to complete a Qualifying Transaction within 24 months of its listing.

Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.

_______________________________________

KEEK INC. ("KEK")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  December 21, 2015
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 14, 2015 and closed on August 14, 2015 and September 3, 2015.

Number of Securities:  

5,750,000 common share units ("Units"). Each unit consists of one common share and one share purchase warrant. The warrants are exercisable at a price of $0.25 for three years from date of issuance.




Purchase Price:  

$0.20 per Unit



Warrants:  

5,750,000 share purchase warrants



Warrant Exercise Price:

$0.25 for three years from closing.





Number of Placees:     

4 Placees



Insider /Pro Group Participation: 



Insider=Y /


Name 

ProGroup=P

# of Units




Hurorosh Partners Inc.   

Y

750,000

Personas.com Corporation

Y

3,000,000



Finder's Fee:

None

________________________________________

KEEK INC. ("KEK")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  December 21, 2015
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 14, 2015 and closed on August 14, 2015 and September 3, 2015.

Number of Securities: 

1,000,000 common share units ("Units"). Each unit consists of one common share and one share purchase warrant. The warrants are exercisable at a price of $0.40 for three years from date of issuance.




Purchase Price:

$0.25 per Unit



Warrants: 

1,000,000 share purchase warrants





Warrant Exercise Price:  

$0.25 for three years from closing.





Number of Placees:  

1 Placee



Insider /

Pro Group Participation: 



Insider=Y /

Name      

ProGroup=P

# of Units




Hurorosh Partners Inc. 

Y

750,000



Finder's Fee:   

None

________________________________________


KGIC INC. ("LRN")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  December 21, 2015
TSX Venture Tier 2 Company

Effective at 6:30 a.m. PST, December 21, 2015, shares of the Company resumed trading, an announcement having been made.

________________________________________

MATAMEC EXPLORATIONS INC. ("MAT")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  December 21, 2015
TSX Venture Tier 2 Company

Effective at 11:45 a.m. PST, December 21, 2015, shares of the Company resumed trading, an announcement having been made.

________________________________________

MARQUIS VENTURES INC. ("MQV.H")
[formerly Marquis Ventures Inc. ("MQV.P")]
BULLETIN TYPE:  Transfer and New Addition to NEX, Symbol Change, Reinstated for Trading
BULLETIN DATE: December 21, 2015
TSX Venture Tier 2 Company

In accordance with TSX Venture Policy 2.4, Capital Pool Companies, the Company has not completed a Qualifying Transaction within the prescribed time frame.  Therefore, effective at the opening on December 22, 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 22, 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 MQV.P to MQV.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.

Further to the TSX Venture Exchange Bulletins dated March 9, 2015 and September 15, 2015, the Company has applied for reinstatement, the Company having announced the termination of the proposed transactions on February 24, 2015 and December 18, 2015.

Effective at the opening, Tuesday, December 22, 2015, trading will be reinstated in the securities of the Company.

_______________________________________

NOBEL REAL ESTATE INVESTMENT TRUST ("NEL.UN")
BULLETIN TYPE:  Notice of Distribution
BULLETIN DATE:  December 21, 2015
TSX Venture Tier 2 Company

The Issuer has declared the following distribution(s):

Distribution per Unit:    

$0.014165

Payable Date:           

January 15, 2016          

Record Date:  

December 31, 2015

Ex-Distribution Date:  

December 29, 2015

________________________________________


NV GOLD CORPORATION ("NVX")
BULLETIN TYPE:  Halt
BULLETIN DATE:  December 21, 2015
TSX Venture Tier 2 Company

Effective at 5:01 a.m. PST, December 21, 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.

________________________________________


NV GOLD CORPORATION ("NVX")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  December 21, 2015
TSX Venture Tier 2 Company

Effective at 11:45 a.m. PST, December 21, 2015, shares of the Company resumed trading, an announcement having been made.

________________________________________

ORGANTO FOODS INC. ("OGO")
[formerly Columbus Exploration Corporation ("CLX")]
BULLETIN TYPE: Reverse Takeover-Completed, Private Placement-Non-Brokered, Name Change, Resume Trading
BULLETIN DATE:  December 21, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange Inc. (the "Exchange") has accepted for filing Columbus Exploration Corporation's ("Columbus") (now renamed Organto Foods Inc.) Reverse Takeover (the "RTO") and related transactions, all as principally described in its filing statement dated November 20, 2015 (the "Filing Statement").  The RTO includes the following matters, all of which have been accepted by the Exchange.

1.   Acquisition of 100% of the issued and outstanding shares of Agricola Nuova Terra Guatemala, S.A. ("Agricola"):

Columbus and Agrícola entered into a share exchange agreement dated effective August 19, 2015, which was amended by an amending agreement dated effective September 10, 2015 (the "Share Exchange Agreement") pursuant to which Columbus agreed to purchase all of the issued and outstanding Agricola shares for total consideration of $9,910,485.88 comprised of the following:

  • The issuance to the Agrícola shareholders or their nominee(s) of such number of common shares in the capital of Columbus ("CLX Shares") as is equal to 71.5% of its outstanding share capital immediately prior to the completion of the private placement (as defined below). This ownership interest equates to 46,228,882 CLX Shares to be issued at a price of $0.20 per share for total consideration of $9,245,776.40;
  • An initial cash payment of US$75,000 to Omega S.A., a shareholder of Agrícola who is incorporated under the laws of Guatemala ("Omega") due on September 11, 2015, and a final cash payment of US$180,000 to Omega due on or before December 15, 2015, (equating on conversion to $343,694 in aggregate); and
  • The assumption by Columbus of US$242,844 in debt obligations of Agrícola that are owed to Omega (equating to $321,015 on conversion)

Agricola was founded in 2013 in Guatemala to provide fresh organic and conventional produce to the U.S., Canada, Europe, Asia and the Middle East. In 2014, Agricola completed the construction of a packaging and processing plant in Guatemala capable of processing over 20,000,000 pounds of product per annum with scalability.

The Exchange has been advised that Columbus' acquisition of Agricola and the related transactions have received shareholder approval and have been completed as of November 30, 2015. For additional information refer to the Filing Statement available under Columbus' profile on SEDAR.

2.   Private Placement – Non-Brokered

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 19, 2015 and July 14, 2015:

Number of Shares:

7,559,544 shares



Purchase Price:   

$0.20 per share



Number of Placees:                   

26 Placees



Insider / Pro Group Participation



Insider=Y /


Name     

ProGroup=P

# of Shares

Jeffrey Klenda

Y

394,257



Pro Group Involvement    

P

350,000

(2 Placees)




Finder's Fee:   

Canaccord Genuity Corp. received $1,200, Haywood Securities Inc. received $6,810 and Biscayne Capital Ltd. received $35,

3.   Name Change:

Pursuant to a directors' resolution passed December 17, 2015, Columbus has changed its name to Organto Foods Inc.  There is no consolidation of capital.

Effective at the opening on Tuesday, December 22, 2015, the common shares of Organto Foods Inc. will commence trading on the Exchange, and the common shares of Columbus Exploration Corporation will be delisted.  The company is classified as an 'Industrial' company.

Capitalization: 

Unlimited

72,608,931

shares with no par value of which

Escrow: 

22,872,200

shares are subject to a 36 month staged escrow release under a Tier 2 Surplus Security Escrow Agreement (the "Surplus Agreement")

3,573,410

shares are subject to 18 month staged escrow release under a Tier 1 Value Security Escrow Agreement

46,228,882

shares are subject to a voluntary escrow agreement (the "Voluntary Escrow Agreement") and a total of 21,614,441 shares are subject to both the Surplus Agreement and the Voluntary Escrow Agreement.


Transfer Agent:

Computershare Investor Services Inc.

Trading Symbol:

OGO                     (NEW)

CUSIP Number: 

68621J 10 4           (NEW)

4.   Resume Trading

Effective at the opening Tuesday, December 22, 2015, trading in the shares of Organto Foods Inc. will resume.

________________________________________

PARK LAWN CORPORATION ("PLC")("PLC.R")
BULLETIN TYPE: New Listing- Subscription Receipts
BULLETIN DATE:  December 21, 2015May 11, 2001
TSX Venture Tier 1 Company

New Listing-Subscription Receipts:

Effective December 15, 2015, the Company's Short Form Prospectus dated December 15, 2015 (the "Prospectus"), was filed with and receipted by all of the provinces of Canada pursuant to the provisions of the respective Securities Acts. The Subscription Receipts of the Company will be listed and admitted to trading on the TSX Venture Exchange, on the effective date as stated below.

Commencement date:             At the opening on Tuesday December 22, 2015, the Subscription Receipts will commence trading on TSX Venture Exchange.

Corporate Jurisdiction:   

Ontario


Capitalization:   

2,105,400 subscription receipts will be issued and outstanding


Transfer Agent:   

Equity Financial Trust Company

Trading Symbol: 

PLC.R

CUSIP Number:   

700563117

The closing of the prospectus offering of Subscription Receipts (the "Offering") is expected to occur prior to the opening of business on Tuesday, December 22, 2015.  The Subscription Receipts will be posted for trading at the opening of business on Tuesday, December 22, 2015, upon confirmation of closing of the Offering.

Details of the Subscription Receipts:

Equity Subscription  

2,105,400 subscription receipts

Receipt Offering:


Equity Subscription Receipt  

$11.50 per subscription receipt

Price:


Conversion:  

Each Subscription Receipt will entitle the holder to receive, upon satisfaction of the Escrow Release Conditions (defined below), for no additional consideration or any further action on the part of the holder, one common share of the Company.



Upon the satisfaction or waiver of each of the conditions precedent to the closing of the Midwest Memorial Group, LLC acquisition (the "Acquisition") (other than the payment of the consideration for the Acquisition and such other conditions precedent that, by their nature, are to be satisfied at the time of closing of the Acquisition): (a) one common share of the Company (a "Common Share") will be automatically issued in exchange for each Subscription Receipt (subject to customary anti-dilution protection), without payment of additional consideration or further action by the holder thereof; (b) an amount per Subscription Receipt equal to the per-share cash dividends declared by the Company on the Common Shares to holders of record on a date during the period that the Subscription Receipts are outstanding, net of any applicable withholding taxes, will become payable in respect of each Subscription Receipt; and (c) the net proceeds from the sale of the Subscription Receipts will be released from escrow to the Company for the purposes of completing the Acquisition.

If the Acquisition fails to close as described above by April 30, 2016 or if the Acquisition is terminated at an earlier time, the gross proceeds of the Offering and pro rata entitlement to interest earned or deemed to be earned on the Subscription Receipts, net of any applicable withholding taxes, will be paid to holders of the Subscription Receipts and the Subscription Receipts will be cancelled.

For more information, please see the Prospectus dated December 15, 2015 filed on SEDAR.

________________________________________

PEAT RESOURCES LIMITED ("PET")
BULLETIN TYPE:  Private Placement-Brokered
BULLETIN DATE:  December 21, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced October 13, 2015:

Number of Shares:     

30,000,000 common shares



Purchase Price:  

$0.01 per share



Number of Placees:   

15 Placees



Insider / Pro Group Participation:



Insider=Y /


Name   

ProGroup=P

# of shares





Patricia Mannard  

Y

1,000,000

Samuel Peralta

Y

1,000,000

2329874 Ontario Inc.   

Y

1,000,000

Investor Company ITF Robert Wright   

Y

4,000,000

(Robert T. Wright)


ScotiaMcLeod ITF John Allen 

Y

500,000

(John Allen)


Scott Allen     

Y

500,000



Agent's Fees: 

an aggregate of $23,850 plus 2,650,000 agent warrants (each exercisable into one common share at a price of $0.05 for a five year period) is payable to IBK Capital Inc. and NBCN 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.

________________________________________

STORAGEVAULT CANADA INC. ("SVI")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  December 21, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation pursuant to an asset purchase agreement executed on November 18, 2015 (the "Agreement") between StorageVault Canada Inc. (the "Company") and Ace Sun Ventures Ltd. and SelfStorAll (Kamloops) Limited Partnership (collectively referred to as the "Vendors"), whereby the Company will acquire all of the self storage assets, property and business used in the operation of three Kamloops, British Columbia area self storage stores owned by the Vendors.  In consideration, the Company will pay an aggregate purchase price of $7,800,000 to be satisfied through the issuance of 230,769 common shares of the Company ("Shares") at a deemed price of $0.65 per Share and the remainder in cash.   

Insider / Pro Group Participation: none

For further information, please refer to the Company's press release dated December 18, 2015.

________________________________________

NEX COMPANIES

FOCUSED CAPITAL CORP ("FLO.H")
BULLETIN TYPE:  Remain Halted
BULLETIN DATE:  December 21, 2015
NEX Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated December 16, 2015, 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.

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

Market Information Services at 1-888-873-8392, or email: [email protected]

Organization Profile

TSX Venture Exchange