VANCOUVER, April 11, 2016 /CNW/ -
TSX VENTURE COMPANIES
ABITIBI ROYALTIES INC. ("RZZ")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to Amended and Restated Letters of Intent Royalty Agreements dated January 26, 2016, between Abitibi Royalties Inc. ("Abitibi"), Golden Valley Mines Ltd. ("Golden Valley") and Golden Valley's joint venture partner, Integra Gold Corp. The terms of the agreements consist in Golden Valley's disposition to Abitibi of a 2% net smelter royalty (the "NSR") on each of two set of claims located in Québec. The first set of claims includes two prospects called Bogside NW and Riverside, which consist of an aggregate of 10 mineral claims, and the second set of claims includes a prospect called Bogside, which consists of 15 mineral claims, all in Québec.
The consideration payable by Abitibi for the acquisition of the NSR consists in the reimbursement to Golden Valley of future exploration work required to keep the Bogside mineral claims in good standing up to a maximum of $13,750.70 and the payment to Golden Valley of $11,692.92 in cash.
For further details, please refer to the press release of Abitibi dated February 18, 2016.
LES REDEVANCES ABITIBI INC. (« RZZ »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 11 avril 2016
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation relativement à des lettres d'intention de convention de royautés datées du 26 janvier 2016, entre Les redevances Abitibi inc. (« Abitibi »), Les mines de la vallée de l'or ltée (« Golden Valley ») et le partenaire de Golden Valley, Integra Gold Corp. Les modalités des ententes consistent en la vente par Golden Valley à Abitibi d'une royauté nette de fonderie (« NSR ») de 2% portant sur deux séries de claims situées au Québec. La première série de claims inclue deux projets appelés Bogside NW et Riverside, qui consistent en un total de 10 claims miniers, et la deuxième série de claims inclue un projet appelé Bogside qui consiste en 15 claims miniers, tous situés au Québec.
La considération payable par Abitibi pour l'acquisition des NSR consiste au remboursement à Golden Valley de travaux d'exploration futurs requis afin de garder les claims miniers Bogside en règle jusqu'à un maximum de 13 750,70 $ et le paiement à Golden Valley de 11 692,92 $ en espèces.
Pour plus d'information, veuillez-vous référer au communiqué de presse de Golden Valley daté du 18 février 2016.
_________________________________________
ALEXANDER NUBIA INTERNATIONAL INC. ("AAN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 8, 2015:
| Third Tranche: |
|
| Number of Shares: |
200,000 shares |
| Purchase Price: |
$0.05 per share |
| Warrants: |
200,000 share purchase warrants to purchase 200,000 shares |
| Warrant Exercise Price: |
$0.05 for a three year period |
| 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. 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.
________________________________________
ARHT MEDIA INC. ("ART")
BULLETIN TYPE: Halt
BULLETIN DATE: April 11, 2016
TSX Venture Tier 2 Company
Effective at 9:00 a.m. PST, April 11, 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.
________________________________________
ARHT MEDIA INC. ("ART")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 11, 2016
TSX Venture Tier 2 Company
Effective at 10:15 a.m. PST, April 11, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
CANOPY GROWTH CORPORATION ("CGC")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: April 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 38,656 shares to settle outstanding debt for $100,000.
| Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
CANYON COPPER CORP. ("CNC")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: April 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 400,000 bonus shares to Metamin Enterprises Inc. (Benjamin Ainsworth) in consideration of a loan of $100,000.
________________________________________
CLIFTON STAR RESOURCES INC. ("CFO")
FIRST MINING FINANCE CORP. ("FF")
BULLETIN TYPE: Plan of Arrangement, Delist
BULLETIN DATE: April 11, 2016
TSX Venture Tier 2 Companies
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with an arrangement agreement between First Mining Finance Corp. ("First Mining") and Clifton Star Resources Inc. ("Clifton") dated February 11, 2016 (the "Agreement"). Pursuant to the Agreement First Mining has agreed to acquire all of the issued and outstanding common shares of Clifton by way of a plan of arrangement under the provisions of the Canada Business Corporations Act (the "Transaction"). Under the Agreement, each Clifton Star shareholder will be entitled to receive one First Mining common share for each common share of Clifton held. In addition, all of the outstanding stock options to acquire Clifton common shares, to the extent that they have not been exercised prior to the effective date of the arrangement, will be exchanged for such number of stock options to acquire common shares of First Mining.
The Exchange has been advised that approval of the Transaction by the Clifton shareholders was received at a special meeting of shareholders held on April 6, 2016 and that approval of the Transaction was received from the Quebec Superior Court of Justice on April 7, 2016. The Transaction completed on April 8, 2016. The full particulars of the Transaction are set forth in the Clifton Information Circular, dated as of March 9, 2016, which is available under the Clifton profile on SEDAR.
Delisting:
In conjunction with the closing of the Transaction, Clifton has requested that its common shares be delisted. Accordingly, effective at the close of business, Monday, April 11, 2016, the common shares of Clifton will be delisted from the Exchange.
Insider / Pro Group Participation: None. Prior to the closing of the Transaction First Mining and Clifton were at arm's length.
________________________________________
COPPER LAKE RESOURCES LTD. ("CPL")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: April 11, 2016
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated March 8, 2016, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission dated March 8, 2016 has been revoked.
Effective at the opening, Tuesday April 12, 2016 trading will be reinstated in the securities of the Company.
_______________________________________
CRUZ CAPITAL CORP. ("CUZ")
[formerly TURBO CAPITAL INC. ("TBO")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: April 11, 2016
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders March 23, 2016, the Company has consolidated its capital on a (20) twenty old for (1) one new basis. The name of the Company has also been changed as follows.
Effective at the opening Tuesday, April 12, 2016, the common shares of CRUZ CAPITAL CORP. will commence trading on TSX Venture Exchange, and the common shares of TURBO CAPITAL CORP. will be delisted. The Company is classified as a 'resource' company.
| Post - Consolidation |
||
| Capitalization: |
unlimited |
shares with no par value of which |
| 4,475,582 |
shares are issued and outstanding |
|
| Escrow: |
nil |
|
| Transfer Agent: |
Computershare |
|
| Trading Symbol: |
CUZ |
(new) |
| CUSIP Number: |
22888P105 |
(new) |
________________________________________
ERA RESOURCES INC. ("ERX")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: April 11, 2016
TSX Venture Tier 2 Company
Effective at the opening on Monday, April 18, 2016, the common shares of the Company will commence trading on TSX Venture Exchange. The Company is classified as a "Copper, Nickel, Lead and Zinc Ore Mining" company.
The Company is presently trading on TSX and will be delisted at the close on Friday, April 15, 2016.
| Corporate Jurisdiction: Canada |
| Capitalization: Unlimited common shares with no par value of which |
| 11,377,792 common shares are issued and outstanding |
| Escrowed Shares: 0 common shares |
| Transfer Agent: Computershare Trust Company of Canada |
| Trading Symbol: ERX |
| CUSIP Number: 29478T 108 |
| Sponsoring Member: N/A |
| Company Contact: Alex Dann, Chief Financial Officer |
| Company Address: c/o Bennett Jones LLP, Suite 3400, One First Canadian Place, P.O. Box 130, Toronto, Ontario, Canada M5X 1A4 |
| Company Phone Number: (416) 464-4067 |
| Company Fax Number: (416) 863-1716 |
| Company Email Address: [email protected] |
| Company Website: www.eraresources.com |
________________________________________
GREENBRIAR CAPITAL CORP. ("GRB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 11, 2016
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 February 22, 2016:
| Number of Shares: |
300,000 shares |
| Purchase Price: |
$0.50 per share |
| Warrants: |
300,000 share purchase warrants to purchase 300,000 shares |
| Warrant Exercise Price: |
$0.60 for a five year period |
| Number of Placees: |
1 Placee |
The Company issued a news release on April 8, 2016 confirming closing of the first tranche of the private placement.
________________________________________
JERICHO OIL CORPORATION ("JCO")
BULLETIN TYPE: Private Placement-Non-Brokered, Correction
BULLETIN DATE: April 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 5, 2016:
| Number of Shares: |
1,625,000 shares |
|
| Purchase Price: |
$0.40 per share |
|
| Warrants: |
812,500 share purchase warrants to purchase 812,500 shares |
|
| Warrant Exercise Price: |
$0.60 for a two year period |
|
| Number of Placees: |
20 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aggregate Pro Group |
||
| Involvement [3 Placees] |
P |
170,000 |
| Finder's Fees: |
$6,160 payable to Haywood Securities Inc., with 15,400 warrants |
|
| exercisable at $0.60 for two years |
The Company issued a news release on April 8, 2016 confirming closing of the private placement. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
________________________________________
LINGO MEDIA CORPORATION ("LM")
BULLETIN TYPE: Halt
BULLETIN DATE: April 11, 2016
TSX Venture Tier 2 Company
Effective at 6:25 a.m. PST, April 11, 2016, trading in the shares of the Company was halted at the request of the Company, pending news. This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.
________________________________________
MAINSTREET HEALTH INVESTMENTS INC. ("HLP.U")
[formerly Kingsway Arms Retirement Residences Inc. ("KWA")]
BULLETIN TYPE: Reverse Takeover-Completed, Name Change, Conversion to US$, Symbol Change, Resume Trading
BULLETIN DATE: April 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Reverse Takeover of Mainstreet Health Investments Inc. (formerly Kingsway Arms Retirement Residences Inc.) (the "Company"), which includes the acceptance of the following transactions:
Reverse Takeover
In connection with the Reverse Takeover, the Company acquired all of the shares of Mainstreet Health Holdings Inc. ("MHI Holdco") held by Mainstreet Investment Company, LLC (which shares constitute approximately 75% of the issued and outstanding shares of MHI Holdco) in consideration for the issuance of 81,160,000 common shares and 307,659,850 non-voting shares of the Company at a deemed issue price of US$0.04 per share. MHI Holdco indirectly holds a portfolio of 10 senior care properties in the state of Illinois.
Please refer to the Company's Information Circular dated February 29, 2016 for full details.
Name Change, Conversion to US$, Symbol Change, Resume Trading
Pursuant to a resolution passed by shareholders, the Company has changed its name from "Kingsway Arms Retirement Residences Inc." to "Mainstreet Health Investments Inc.". Shareholders have also passed a resolution approving a consolidation of capital, which has not yet been effected. The Company has requested and the TSX Venture Exchange has agreed to trade the Company's common shares in US$ and to cease trading its common shares in Cdn$.
Effective at the opening April 12, 2016, the common shares of Mainstreet Health Investments Inc. will commence trading on the TSX Venture Exchange and the common shares of Kingsway Arms Retirement Residences Inc. will be delisted. The Company is classified as a "Real Estate and Rental and Leasing" company. The Company's symbol will be changed from KWA to HLP.U. All bids and offers will be quoted in US$, and all trades will be settled in US$. In addition, the Company's symbol of KWA will be removed.
The common shares of the Company have been halted since November 5, 2015, pending completion of the Reverse Takeover. Effective at the opening April 12, 2016, trading in the shares of the Company will resume.
Capitalization
| Unlimited number of common shares, non-voting shares and Class A preferred shares |
|
| Escrow Term: |
36 months for 81,160,000 common shares and |
| 18 months for 3,140,000 common shares |
|
| Transfer Agent: |
Computershare Investor Services Inc. |
| Trading Symbol: |
HLP.U (new) |
| CUSIP Number: |
56065L107 (new) |
| Company Contact: Randy Henry |
|
| Company Address: 11 King Street West, Suite 700, Toronto, Ontario, Canada, M5H 4C7 |
|
| Company Phone Number: 1-317 582 6971 |
|
| Company Email Address: [email protected] |
|
| Company Website: www.mainstreethealthinvestments.com |
|
________________________________________
MENIKA MINING LTD. ("MML")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 16, 2016:
| Number of Shares: |
6,000,000 shares |
|
| Purchase Price: |
$0.25 per share |
|
| Warrants: |
3,000,000 share purchase warrants to purchase 3,000,000 shares |
|
| Warrant Exercise Price: |
$0.50 for a four year period |
|
| Number of Placees: |
55 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aggregate Pro Group |
||
| Involvement [5 Placee(s)] |
500,000 |
|
| Finder's Fee: |
$20,000 to Wolverton Securities Ltd. |
|
| $14,000 to PI Financial Corp. |
||
| $8,800 to Haywood Securities Inc. |
||
| $3,200 to Dundee Capital Markets |
||
| $12,000 to Mackie Research Capital Corporation |
________________________________________
MINERAL MOUNTAIN RESOURCES LTD. ("MMV")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Purchase and Sale Agreement dated March 7, 2016 between Mineral Mountain Resources Ltd, Mineral Mountain Resources (SD) Inc. (the Company) and Larry Berger, Tate Berger, Curte Hogge, Ron Berdahl (the Vendors) whereby the Company may acquire a 100% interest in the BHB Claims (19 unpatented lode mineral claims) located in the Rochford Mining District, Pennington County, South Dakota and a database of historical exploration data. Consideration is 20,000,000 common shares. The Vendors retain a 2% NSR on the BHB Claims, a 1% NSR on existing claims in the Rochford District owned by the Company and a 1.5% NSR on an area of interest. For full details please see the Company's news release dated March 3, 2016.
________________________________________
NEVADA ZINC CORPORATION ("NZN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 15, 2016 and March 23, 2016:
| Number of Shares: |
6,666,665 shares |
|
| Purchase Price: |
$0.30 per share |
|
| Number of Placees: |
65 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Norvista Capital Corporation |
Y |
666,666 |
| Finder's Fee: |
An aggregate of $19,116 in cash, 469,613 common shares and 533,333 |
|
| finder's warrants were payable to Wolverton Securities Ltd., Canaccord |
||
| Genuity Corp. and MR Consulting. Each finder's warrant entitles the |
||
| holder to acquire one common share at $0.30 for a two year period. |
For further details please refer to the Company's news release dated March 31, 2016.
________________________________________
NEWCASTLE GOLD LTD. ("NCA")
BULLETIN TYPE: Halt
BULLETIN DATE: April 11, 2016
TSX Venture Tier 1 Company
Effective at 8:44 a.m. PST, April 11, 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.
________________________________________
NEWCASTLE GOLD LTD. ("NCA")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 11, 2016
TSX Venture Tier 1 Company
Effective at 9:45, PST, April 11, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
NORONT RESOURCES LTD. ("NOT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: April 11, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,135,708 shares to settle outstanding debt for $388,980.
| Number of Creditors: |
1 Creditor |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Resource Capital |
||||
| Fund V L.P. |
Y |
$388,980 |
$0.3425 |
1,135,708 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
NORONT RESOURCES LTD. ("NOT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: April 11, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,403,273 shares to settle outstanding debt for $475,311.57.
| Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
PAGET MINERALS CORP. ("PGS")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: April 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 200,000 bonus shares to the following insider: in consideration of services provided from May 2015 to December 2015.
| Shares |
Warrants |
|
| David Volkert |
200,000 |
nil |
________________________________________
TRI ORIGIN EXPLORATION LTD. ("TOE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 9, 2016:
| Number of Shares: |
5,300,000 shares |
| Purchase Price: |
$0.05 per share |
| Warrants: |
5,300,000 share purchase warrants to purchase 5,300,000 shares |
| Warrant Exercise Price: |
$0.07 for an eighteen (18) month period |
| Number of Placees: |
2 Placees |
For further details, please refer to the Company's news release dated April 7, 2016.
________________________________________
NEX COMPANIES
ECHELON PETROLEUM CORP. ("ECH.H")
BULLETIN TYPE: Private Placement-Non-Brokered, Remain Suspended
BULLETIN DATE: April 11, 2016
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 29, 2016:
| Number of Shares: |
10,000,000 shares |
|
| Purchase Price: |
$0.06 per share |
|
| Number of Placees: |
6 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Eric Boehnke |
Y |
3,925,000 |
| HCG5 Investment Limited |
||
| Partnership (Jean-Marc Bougie) |
Y |
2,000,000 |
| Tom English |
Y |
2,000,000 |
| John Veltheer |
Y |
75,000 |
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.
________________________________________
ECHELON PETROLEUM CORP. ("ECH.H")
BULLETIN TYPE: Shares for Debt, Remain Suspended, Correction
BULLETIN DATE: April 11, 2016
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,000,000 shares at a deemed value of $0.06 per share to settle outstanding debt for $60,000.
| Number of Creditors: |
1 Creditor |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Eric Boehnke |
Y |
$60,000 |
$0.06 |
1,000,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
MADEIRA MINERALS LTD. ("MDE.H")
BULLETIN TYPE: Listing Maintenance Fees – Reinstated for Trading
BULLETIN DATE: April 11, 2016
NEX Company
Further to the TSX Venture Exchange Bulletin dated February 18, 2015, effective at the open, Tuesday, April 12, 2016, trading will be reinstated in the securities of the Company, the Company having paid their NEX listing maintenance fees.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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