VANCOUVER, May 11, 2016 /CNW/ -
TSX VENTURE COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: May 10, 2016
TSX Venture Companies
A Cease Trade Order has been issued by the British Columbia Securities Commission on May 10, 2016 against the following companies for failing to file the documents indicated within the required time period:
| Symbol |
Tier |
Company |
Failure to File |
Period |
| AAT |
2 |
ATI Airtest Technologies Inc. |
a comparative financial statement as required under Part 4 of National Instrument 51-102 Continuous Disclosure Obligations (NI 51-102), a Form 51-102F1 Management's Discussion and Analysis as required under Part 5 of NI 51-102 |
2015/12/31 |
| VAN |
1 |
Vangold Resources Ltd. |
a comparative financial statement as required under Part 4 of National Instrument 51-102 Continuous Disclosure Obligations (NI 51-102), a Form 51-102F1 Management's Discussion and Analysis as required under Part 5 of NI 51-102 |
2015/12/31 |
| VID |
2 |
VidWRX Inc. |
a comparative financial statement as required under Part 4 of National Instrument 51-102 Continuous Disclosure Obligations (NI 51-102), a Form 51-102F1 Management's Discussion and Analysis as required under Part 5 of NI 51-102 |
2015/12/31 |
| VRD |
2 |
Viridis Energy Inc. |
a comparative financial statement as required under Part 4 of National Instrument 51-102 Continuous Disclosure Obligations (NI 51-102), a Form 51-102F1 Management's Discussion and Analysis as required under Part 5 of NI 51-102 |
2015/12/31 |
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.
________________________________________
CALIFORNIA GOLD MINING INC. ("CGM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 5, 2016:
| Number of Shares: |
7,200,000 shares |
| Purchase Price: |
$0.05 per share |
| Warrants: |
7,200,000 share purchase warrants to purchase 7,200,000 shares |
| Warrant Exercise Price: |
$0.10 for a three year period |
| Number of Placees: |
18 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
|
| Aggregate Pro Group Involvement |
P |
2,300,000 |
|
| [6 Placees] |
|||
| Finder's Fee: |
An aggregate of $24,150 in cash and 483,000 finders' warrants payable to Leede Jones Gable Inc. and Industrial Alliance Securities Inc. Each finder's warrant entitles the holder to acquire one common share at $0.10 for a three year period. |
||
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.
For further details, please refer to the Company's news release dated May 5, 2016.
________________________________________
CANADAIAN OVERSEAS PETROLEUM LIMITED ("XOP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 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 20, 2016:
| Number of Units: |
22,857,143 Common Share Units ("Units"). Each Unit consists of one common share ("Share") and one common share purchase warrant ("Warrant"). Warrants are exercisable for two (2) years at a price of £0.0475 |
| Purchase Price: |
£0.035 (CAD$0.064) per Unit |
| Warrants: |
22,857,143 |
| Warrant Exercise Price: |
£0.0475 (CAD$$0.089) |
| Number of Placees: |
8 Placees |
| Insider / Pro Group Participation: None |
|
| Finder's Fee: |
Shore Capital and Corporate Limited – Cash: £80,000 corporate finance advisory fee, |
| Shore Capital Stockbrokers Limited – Cash: finder's fee of £23,350 (flat fee). Securities: 1,177,114 finders warrants, entitling holder to purchase one common share at £0.035 per Share for two (2) years. |
|
________________________________________
CANADAIAN OVERSEAS PETROLEUM LIMITED ("XOP")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: May 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced April 26, 2016:
| Number of Units: |
101,066,868 Common Share Units ("Units"). Each Unit consists of one common share ("Share") and one common share purchase warrant ("Warrant"). Warrants are exercisable for two (2) years at a price of $0.095 |
| Purchase Price: |
$0.07 per Unit |
| Warrants: |
101,066,868 |
| Warrant Exercise Price: |
$0.095 |
| Number of Placees: |
193 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Units |
| Arthur Millholland |
Y |
5,178,840 |
| Massimo Carello |
Y |
1,521,429 |
| Harald Ludwig |
Y |
2,785,715 |
| John Cowan |
Y |
716,742 |
| William Astor |
Y |
678,571 |
| Faralee Cook |
Y |
332,143 |
| [Aggregate Pro Group] |
P |
5,679,428 |
| 9 Placees |
||
| Finder's Fee: |
Dundee Securities Ltd – Cash: $365,624.40; Securities: 5,233,206 broker warrants, each entitling the holder to purchase one Unit, exercisable at $0.07 per Unit, expiring two (2) years from closing. |
________________________________________
CRICKET MEDIA GROUP LTD. ('CKT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 11, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 4,328,816 Series A Preferred Shares at a deemed value of US$0.82 per share to settle outstanding debt for US$3,549,629.
Number of Creditors: 1 Creditor
Insider / Pro Group Participation:
| Creditor |
Insider=Y / |
Amount |
Deemed Price |
# of Shares |
| ZG Ventures, LLC |
Y |
US$3,549,629 |
US$0.82 |
4,328,816 |
For further details, please refer to the Company's news release dated January 14, 2016.
________________________________________
FANTASY ACES DAILY FANTASY SPORTS CORP. ("FAS")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 67,815,673 Common Shares to settle outstanding debts of $1,695,391.83.
Number of Creditors: 10 Creditors
Insider / Pro Group Participation:
| Creditor |
Insider=Y / |
Amount |
Deemed Price |
# of Shares |
| Blackhawk Resource Corp |
Y |
$524,643.20 |
$0.025 |
20,985,728 |
| Thomas R. Cipolla |
Y |
$35,000 |
$0.025 |
1,400,000 |
| Dave Antony |
Y |
$70,000 |
$0.025 |
2,800,000 |
| Thomas A. Frisna |
Y |
$354,000 |
$0.025 |
14,160,000 |
| Bryan Frisina |
Y |
$94,000 |
$0.025 |
3,760,000 |
| Trent Frisina |
Y |
$94,000 |
$0.025 |
3,760,000 |
| Michael Olson |
Y |
$42,000 |
$0.025 |
1,680,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
FIRST MINING FINANCE CORP ("FF")
BULLETIN TYPE: Company Tier Reclassification
BULLETIN DATE: May 11, 2016
TSX Venture Tier 2 Company
In accordance with Policy 2.5, the Company has met the requirements for a Tier 1 company. Therefore, effective Thursday, May 12, 2016, the Company's Tier classification will change from Tier 2 to:
Classification
Tier 1
________________________________________
FLINDERS RESOURCES LIMITED ("FDR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 11, 2016
TSX Venture Tier 1 Company
Effective at 6:30 a.m. PST, May 11, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
INVENTUS MINING CORPORATION ("IVS")
BULLETIN TYPE: Consolidation
BULLETIN DATE: May 11, 2016
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders on May 5, 2016, the Company has consolidated its capital on the basis of 2 existing common shares for 1 new common share. The name of the Company has not been changed.
Effective at the opening on Thursday, May 12, 2016, the common shares of Inventus Mining Corporation will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mining' company.
| Post - Consolidation |
|
| Capitalization: |
unlimited shares with no par value of which |
| 42,591,903 shares are issued and outstanding |
|
| Escrow: |
nil shares |
| Transfer Agent: |
Equity Financial Trust Company |
| Trading Symbol: |
IVS (unchanged) |
| CUSIP Number: |
461217200 (NEW) |
________________________________________
MAUDORE MINERALS LTD. ("MAO.H")
[formerly Maudore Minerals Ltd. ("MAO")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: May 11, 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 Thursday, May 12, 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 Montreal to NEX.
As of May 12, 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 MAO to MAO.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 bulletin dated May 9, 2016, trading in the shares of the Company will remain suspended.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
_______________________________________
MCW ENERGY GROUP LIMITED ("MCW")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,100,000 common shares to settle outstanding debt for US$185,000.
Number of Creditors: 2 Creditors
For futher details, please refer to the Company's news release dated May 9, 2016.
________________________________________
NEMASKA LITHIUM INC. ("NMX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating the acquisition of a dense media separation (DMS) portable mill to be located at the Whabouchi mine site in consideration of $750,000 cash and the issuance of 3,000,000 shares.
For further information, please refer to the Company's press release dated April 29, 2016.
NEMASKA LITHIUM INC. (« NMX »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 11 mai 2016
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents relativement à l'acquisition de un concentrateur par séparation en média dense (DMS) modulaire, lequel sera installé sur le site de la mine Whabouchi en considération d'un paiement en espèces de 750 000 $ et de l'émission de 3 000 000 actions.
Pour plus d'information, veuillez vous référer au communiqué de presse émis par la société le 29 avril 2016.
________________________________
PATRIOT PETROLEUM CORPORATION ("PPC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Discretionary Pricing Waiver Non-Brokered Private Placement announced February 12, 2016 and April 13, 2016:
| Number of Shares: |
25,000,000 shares |
| Purchase Price: |
$0.02 per share |
| Warrants: |
25,000,000 share purchase warrants to purchase 25,000,000 shares |
| Warrant Exercise Price: |
$0.05 for a five year period |
| Number of Placees: |
18 Placees |
| Finder's Fee: |
none payable |
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. The Company must also issue a news release if the private placement does not close promptly.
________________________________________
RELIQ HEALTH TECHNOLOGIES ("RHT")
BULLETIN TYPE: Halt
BULLETIN DATE: May 11, 2016
TSX Venture Tier 2 Company
Effective at 8:35 a.m. PST, May 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.
________________________________________
STRIA LITHIUM INC. ("SRA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement:
| Number of Shares: |
5,000,000 flow-through common shares |
| Purchase Price: |
$0.05 per flow-through common share |
| Warrants: |
2,500,000 warrants to purchase 2,500,000 common shares |
| Warrants Exercise Price: |
$0.05 during a period of 60 months following the closing date |
| Number of Placees: |
17 Placees |
Insider/Pro Group Participation:
| Name |
Insider = Y / Pro Group = P |
Number of Shares |
| Jeffrey York |
Y |
1,940,000 |
| Aggregate Pro-Group Involvement (1 Placee) |
P |
100,000 |
| Finders' Fees: |
The finder received $8,240 in cash and 164,800 common share purchase warrants at $0.05 for 60 months |
|
The Company confirmed the closing of that Private Placement by way of a press release dated April 13, 2016.
__________________________________________
STRIA LITHIUM INC. ("SRA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement:
| Number of Shares: |
5,000,000 common shares |
| Purchase Price: |
$0.05 per common share |
| Warrants: |
5,000,000 warrants to purchase 5,000,000 common shares |
| Warrants Exercise Price: |
$0.05 during a period of 60 months following the closing date |
| Number of Placees: |
21 Placees |
Insider/Pro Group Participation:
| Name |
Insider = Y / Pro Group = P |
Number of Shares |
| Lindsay Weatherdon |
Y |
400,000 |
| Aggregate Pro-Group Involvement (2 Placees) |
P |
352,000 |
| Finders' Fees: |
The finder received $10,608 in cash and 212,160 common share purchase warrants at $0.05 for 60 months |
|
The Company confirmed the closing of that Private Placement by way of a press release dated April 13, 2016.
__________________________________________
TASMAN METALS LTD. ("TSM")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 11, 2016
TSX Venture Tier 1 Company
Effective at 6:30 a.m. PST, May 11, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
TUDOR GOLD CORP ("TUD")
[formerly KAIZEN CAPITAL CORP ("KZN")]
BULLETIN TYPE: Name Change
BULLETIN DATE: May 11, 2016
TSX Venture Tier 2 Company
The Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening Thursday, May 12, 2016, the common shares of Tudor Gold Corp. will commence trading on TSX Venture Exchange, and the common shares of Kaizen Capital Corp. will be delisted. The Company is classified as a 'Mineral exploration' company.
| Capitalization: |
Unlimited shares with no par value of which |
| 44,905,000 shares are issued and outstanding |
|
| Escrow: |
575,000 shares are subject to a 3 year CPC Escrow |
| 30,000,000 shares are subject to an Exchange 3 year value Escrow |
|
| Transfer Agent: |
Computershare Trust Company of Canada |
| Trading Symbol: |
TUD (new) |
| CUSIP Number: |
89901P107 (new) |
________________________________________
NEX COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: May 10, 2016
NEX Companies
A Cease Trade Order has been issued by the British Columbia Securities Commission on May 10, 2016 against the following companies for failing to file the documents indicated within the required time period:
| Symbol |
Tier |
Company |
Failure to File |
Period |
| KE.H |
NEX |
Karoo Exploration Corp. |
a comparative financial statement as required under Part 4 of National Instrument 51-102 Continuous Disclosure Obligations (NI 51-102 a Form 51-102F1 Management's Discussion and Analysis as required under Part 5 of NI 51-102 |
2015/12/31 |
| SHI.H |
NEX |
Sunrise Resources Ltd. |
a comparative financial statement as required under Part 4 of National Instrument 51-102 Continuous Disclosure Obligations (NI 51-102 a Form 51-102F1 Management's Discussion and Analysis as required under Part 5 of NI 51-102 |
2015/12/31 |
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.
________________________________________
SOURCE TSX Venture Exchange
For further information: Market Information Services at 1-888-873-8392, or email: [email protected]
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