TORONTO, Feb. 19, 2016 /CNW/ -
TSX VENTURE COMPANIES
ALDERSHOT RESOURCES LTD. ("ALZ.H")
[formerly Aldershot Resources Ltd. ("ALZ")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE: February 19, 2016
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 Monday, February 22, 2016, 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 Vancouver to NEX.
As of February 22, 2016, 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 ALZ to ALZ.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.
_______________________________________
ALTO VENTURES LTD. ("ATV")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: February 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Amendment Agreement dated January 19, 2016 whereby the Option Agreement to earn a 60% interest in the GEFA claims located in Saskatchewan dated January 20, 2014 between Clinworth Management Corp. (Shane Shircliff), Paul Conroy, Colin Orr-Ewing and Colin Taylor (dba "The Thurloe Gold Syndicate") and the Company has been extended. Under the revised terms, the Company must make further cash payments of $35,000 on or before July 20, 2017 and expend a further $500,000 in exploration expenditures on or before July 20, 2017. As consideration for the extension, the Company will issue 1,000,000 common shares to the syndicate.
________________________________________
AMERICAS PETROGAS INC ("BOE")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: February 19, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 4,955,206 shares to settle agreements for $1,238,801.69 related to the settlement of statutory rights of dissent exercised by Dissenting Shareholders in connection with the sale of the Company of all of the issued and outstanding common shares of Americas Petrogas Argentina S.A. to Tecpetrol International S.A. and Tecpetrol International S.L. As per the terms of the settlement agreement, the Dissenting Shareholders will receive $0.295 in cash and 0.22 common shares of the company for each Dissented Share held. The settlement shares are being issued at a deemed price of $0.25 per share.
| Number of Creditors: |
2 Creditors |
| Insider / Pro Group Participation: |
None |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
AURANIA RESOURCES LTD. ("ARU")
[formerly Aurania Resources Ltd. ("AOZ")]
BULLETIN TYPE: Symbol Change
BULLETIN DATE: February 19, 2016
TSX Venture Tier 2 Company
Effective at the opening, Monday, February 22, 2016, the trading symbol for the Company will change from "AOZ" to "ARU". There is no change in the company's name, no change in its CUSIP number and no consolidation of capital. The Company is classified as a "Gold and Silver Ore Mining" company (NAICS Number 212220).
_________________________________
AURA SILVER RESOURCES INC. ("AUU")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Letter Agreement (the "Agreement") dated February 16, 2016, between Aura Silver Resources Inc. (the "Company") and Intrepid Mines Limited ("Intrepid"), whereby the Company will acquire the remaining 26.5% joint venture interest, not currently held by the Company, in the East Taviche concession located in Oaxaca State, Mexico (the "Project"). Upon completion the Company will hold a 100% interest in the Project.
Under the terms of the Agreement, the Company has agreed to isssue 1,000,000 common shares as consideration for Intrepid's interest.
For further details, please refer to the Company's news release dated February 17, 2016.
________________________________________
CO2 SOLUTIONS INC. ("CST")
BULLETIN TYPE: Prospectus-Unit Offering, Prospectus-Debenture Offering
BULLETIN DATE: February 19, 2016May 11, 2001
TSX Venture Tier 2 Company
Reference is made to our Exchange Bulletin dated January 14, 2016.
The Exchange has been advised that exercise of the over-allotment option of the Base Shelf Prospectus dated November 23, 2015 occurred on January 29, 2016 for gross proceeds of $102,000 (102 units at $1,000 per unit).
CO2 SOLUTIONS INC. (" CST ")
TYPE DE BULLETIN : Émission d'unités par prospectus, Émission de débentures par prospectus
DATE DU BULLETIN : Le 19 février 2016
Société du groupe 2 de TSX Croissance
Nous faisons référence au bulletin de la Bourse émis le 14 janvier 2016.
La Bourse a été avisée que l'exercice de l'option pour attribution excédentaire du prospectus préalable de base simplifié de la société daté du 23 novembre 2015 a été effectué le 29 janvier 2016, pour un produit brut de 102 000 $ (102 unités à 1 000 $ par unité).
________________________________________
DECLAN RESOURCES INC. ("LAN")
BULLETIN TYPE: Delist
BULLETIN DATE: February 19, 2016
TSX Venture Tier 2 Company
Effective at the close of business Friday February 19th, 2016, the common shares of Declan Resources Inc. will be delisted from TSX Venture Exchange at the request of the Company.
The Company will commence trading on the Canadian Securities Exchange at open of market Monday February 22, 2016.
________________________________________
GOLDEN PEAK MINERALS INC. ("GP")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement dated February 15, 2016 (the 'Agreement') between the Company and Doctors Investment Group Ltd. (Michael Ross) (the 'Optionor'). Pursuant to the terms of the Agreement, the Company will acquire a 100% interest in the Lac Lapointe Property in Quebec (the 'Property'). By way of consideration, the Company will make cash payments totalling $140,000 within three years and will issue 1,325,000 shares at a deemed price of $0.07 per share. The Property is subject to a 2% Gross Overriding Royalty in favour of the Optionor, of which the Company may repurchase 1% for $1,000,000.
Please refer to the Company's news release dated February 17, 2016 for further details.
________________________________________
HIGHWAY 50 GOLD CORP. ("HWY")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: February 19, 2016
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: |
7,027,025 |
| Original Expiry Date of Warrants: |
February 28, 2016 |
| New Expiry Date of Warrants: |
February 28, 2017 |
| Exercise Price of Warrants: |
$0.60 |
These warrants were issued pursuant to a private placement of 7,027,025 shares with 7,027,025 share purchase warrants attached, which was accepted for filing by the Exchange effective March 4, 2014. The warrants were previously extended pursuant to a bulletin issued by the Exchange on February 20, 2015.
________________________________________
HOUSTON LAKE MINING INC ("HLM")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: February 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 154,942 shares to settle outstanding debt for $24,016 related to settlement of outstanding consulting fees.
| Number of Creditors: |
1 Creditor |
Insider / Pro Group Participation:
| Creditor |
Insider=Y / |
Amount |
Deemed Price per Share |
# of Shares |
| Mike Tamlin |
Y |
$24,016 |
$0.155 |
154,942 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
LITHIUM X ENERGY CORP. ("LIX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Share Purchase Agreement dated February 15, 2016 between Lithium X Energy Corp. (the Company) and TR Trust, 1061582 B.C. Ltd. and LT Capital Holdings, LLC (collectively the Vendor) whereby the Company can acquire a 100% interest in the CVL Lithium Property (477 placer claims) located in the Clayton Valley, Nevada. Consideration is US$350,000 and 4,000,000 shares. The Vendor retains a 2% NSR.
________________________________________
LOGAN RESOURCES LTD. ("LGR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 19, 2016
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, February 19, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
MCW ENERGY GROUP LIMITED ("MCW")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: February 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,554,814 common shares to settle outstanding debt for US$236,411.
| Number of Creditors: |
2 Creditors |
Insider / Pro Group Participation:
| Creditor |
Insider=Y / |
Amount |
Deemed Price |
# of Shares |
| Dalex Holdings, Inc. |
Y |
US$52,589 |
CDN$0.135 |
568,312 |
| Palmira Associates, Inc. |
Y |
US$183,822 |
CDN$0.135 |
1,986,502 |
For futher details, please refer to the Company's news release dated January 21, 2016.
________________________________________
MEZZI HOLDINGS INC. ("MZI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 19, 2016:
| Number of Shares: |
5,290,000 shares |
| Purchase Price: |
$0.075 per share |
| Warrants: |
5,290,000 share purchase warrants to purchase 5,290,000 shares |
| Warrant Exercise Price: |
$0.08 for a two year period |
| Number of Placees: |
3 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
| Keir Reynolds |
Y |
2,330,000 |
| Cyrus Driver |
Y |
300,000 |
| Finder's Fee: |
Mackie Research Capital Corporation $15,960 cash and 266,000 finder's warrants payable. Each finder warrant is exercisable into one common share at $0.08 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.]
________________________________________
NATCORE TECHNOLOGY INC. ("NXT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 5, 2016:
| Number of Shares: |
3,648,691 shares |
| Purchase Price: |
$0.36 per share |
| Warrants: |
3,648,691 share purchase warrants to purchase 3,648,691 shares |
| Warrant Initial Exercise Price: |
$0.55 |
| Warrant Term to Expiry: |
3 Years |
| Number of Placees: |
22 Placees |
| Finder's Fee: |
|
| Euro Pacific Canada |
$25,200.00 cash; 70,000 warrants |
| Canaccord Genuity Corp. |
$9,576.00 cash; 26,600 warrants |
| Finder Warrant Initial Exercise Price: |
$0.55 |
| Finder Warrant Term to Expiry: |
3 years |
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.
The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantee 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.
________________________________________
NEXOPTIC TECHNOLOGY CORP ("NXO")
BULLETIN TYPE: Change of Business; Resume Trading
BULLETIN DATE: February 19, 2016
TSX Venture Tier 2 Company
Change of Business:
TSX Venture Exchange has accepted for filing the Company's Change of Business, which includes the acceptance of the following transactions:
- An Investment Agreement dated October 22, 2015, as amended December 1, 2015 and January 13, 2016 between Elissa Resources Ltd (now Nexoptic Technology Corp) (the "Company"), and Spectrum Optix Inc., ("Spectrum"), 3DB Inc., 1859764 Alberta Inc., John Daugela, Darcy Daugela and Aaron Hoddinott (collectively, the "Optionors") whereby the Company can acquire all the issued and outstanding shares of Spectrum over three stages for an aggregate cash consideration of $3,000,000 and the issuance of up to 35% of the issued and outstanding securities of the Company to a maximum of 72,096,977 common shares and 72,096,977 warrants in the Company.
- A Finder's Fee of up to $520,000 in staged payments is payable to Alexander Smith. The fee can be paid by the issuance of up to 6,000,000 shares and the balance in cash up to $200,000.
Spectrum is developing and holding technology which will effectively replace telescopic camera lenses.
For further information, please see the Company's Filing Statement dated, January 27, 2016 and filed on SEDAR.
The Exchange has been advised that the above transactions were approved by the majority of shareholders by way of consent.
The Company is classified as a 'Technology' company.
| Capitalization: |
Unlimited shares with no par value of which |
| 38,821,449 shares are issued and outstanding |
|
| Escrowed: |
3,689,961 common shares |
| Escrow Term: |
18 month Tier 1, Exchange Value Escrow |
| Symbol: |
NXO (UNCHANGED) |
Resume trading:
Effective at open of Trading, Monday February 22, 2016, shares of the Company resumed trading, an announcement having been made.
| Company Contact: |
Paul McKenzie, CEO |
| Company Address: |
1450-700 West Georgia Street |
| Vancouver, BC, V7Y 1K8 |
|
| Company Phone Number: |
604-669-7300 |
| Company Fax Number: |
604-662-3231 |
| Company Email Address: |
________________________________________
ORCA EXPLORATION GROUP INC ("ORC.A")("ORC.B")
BULLETIN TYPE: Halt
BULLETIN DATE: February 19, 2016
TSX Venture Tier 2 Company
Effective at 7:45 a.m. PST, February 19, 2016, 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.
________________________________________
ORCA EXPLORATION GROUP INC ("ORC.A")("ORC.B")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: February 19, 2016
TSX Venture Tier 2 Company
Effective at 9:45 a.m. PST, February 19, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
PIVOT TECHNOLOGY SOLUTIONS, INC. ("PTG")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: February 19, 2016
TSX Venture Tier 2 Company
The Issuer has declared the following dividend(s):
| Dividend per Common Share: |
$0.0075 |
| Payable Date: |
March 15, 2016 |
| Record Date: |
February 29, 2016 |
| Ex-distribution Date: |
February 25, 2016 |
_______________________________________
PURE MULTI-FAMILY REIT LP ("RUF.U")("RUF.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: February 19, 2016
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
| Distribution per US Class Unit: |
US$0.03125 |
| Distribution per CDN Class Unit: |
US$0.03125 |
| Payable Date: |
March 15, 2016 |
| Record Date: |
February 29, 2016 |
| Ex-distribution Date: |
February 25, 2016 |
________________________________________
QUANTUM INTERNATIONAL INCOME CORP. ("QIC")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: February 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 10, 2016:
| Convertible Debenture |
$110,000 |
| Conversion Price |
Convertible into shares at $0.02 pre-consolidation of principle per share until maturity. In the event there is no consolidation completed, convertible at $0.05 in the first year and $0.10 thereafter until maturity |
| Maturity Date |
January 31, 2017 |
| Interest Rate |
15% per annum |
| Number of Placees: |
13 Placees |
| Agent/Finder's Fees: |
an aggregate of $2,750 plus 55,000 common shares and 220,000 finder's warrants (each exercisable into one common share at a price of $0.05 for a one year period) is payable to Badger Business Consultants Ltd. and Richardson GMP Limited. |
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.
________________________________________
SABLE RESOURCES LTD. ("SAE.H")
[formerly Sable Resources Ltd. ("SAE")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE: February 19, 2016
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 Monday, February 22, 2016, 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 Vancouver to NEX.
As of February 22, 2016, 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 SAE to SAE.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.
_______________________________________
SMART EMPLOYEE BENEFITS INC. ("SEB")
BULLETIN TYPE: Private Placement-Brokered, Convertible Debenture, Amendment
BULLETIN DATE: February 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an amendment to the maturity date of the following convertible debenture:
| Convertible Debenture |
$1,950,000 principal amount |
| Conversion Price: |
Convertible into common shares at $0.50 in year 1 and $0.60 in year 2 of principal outstanding per share until maturity. |
| Original Maturity Date: |
February 12, 2016 |
| Amended Maturity Date: |
August 12, 2016 |
| Original Interest Rate: |
8% per annum |
| Amended Interest Rate: |
10% per annum |
The convertible debenture was issued pursuant to a private placement which was originally accepted for filing by the Exchange effective February 24, 2014.
For further information, please refer to the Company's news release dated February 18, 2016.
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STARLIGHT U.S. MULTI-FAMILY CORE FUND CLASS A ("UMF.A")("UMF.U)
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: February 19, 2016
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
| Distribution per Cl A: |
CDN$0.05833 |
| Distribution per Cl U: |
US$0.05833 |
| Payable Date: |
March 15, 2016 |
| Record Date: |
February 29, 2016 |
| Ex-distribution Date: |
February 25, 2016 |
________________________________________
STARLIGHT U.S. MULTI-FAMILY (NO. 2) CORE FUND ("SUD.A")("SUD.U")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: February 19, 2016
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
| Distribution per Cl A: |
CDN$0.05833 |
| Distribution per Cl U: |
US$0.05833 |
| Payable Date: |
March 15, 2016 |
| Record Date: |
February 29, 2016 |
| Ex-distribution Date: |
February 25, 2016 |
________________________________________
STARLIGHT U.S. MULTI-FAMILY (NO. 3) CORE FUND ("SUS.A")("SUS.U")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: February 19, 2016
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
| Distribution per Cl A: |
CDN$0.05833 |
| Distribution per Cl U: |
US$0.05833 |
| Payable Date: |
March 15, 2016 |
| Record Date: |
February 29, 2016 |
| Ex-distribution: Date: |
February 25, 2016 |
________________________________________
STARLIGHT U.S. MULTI-FAMILY (NO. 4) CORE FUND ("SUF.A")("SUF.U")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: February 19, 2016
TSX Venture Tier 1 Company
The Issuer has declared the following distribution(s):
| Distribution per Cl A: |
CDN$0.05833 |
| Distribution per Cl U: |
US$0.05833 |
| Payable Date: |
March 15, 2016 |
| Record Date: |
February 29, 2016 |
| Ex-dividend Date: |
February 25, 2016 |
________________________________________
SYLOGIST LTD. ("SYZ")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: February 19, 2016
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
| Dividend per Share: |
$0.065 |
| Payable Date: |
March 15, 2016 |
| Record Date: |
February 26, 2016 |
| Ex-dividend Date: |
February 24, 2016 |
________________________________________
UGE INTERNATIONAL LTD. ("UG")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: February 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,240,907 shares to settle outstanding debt for $694,908.
| Number of Creditors: |
1 Creditor |
Insider / Pro Group Participation:
| Creditor |
Insider=Y / |
Amount |
Deemed Price |
# of Shares |
| Qi Liu |
Y |
$694,908 |
$0.56 |
1,240,907 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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