TSX Venture Exchange Daily Bulletins
Jun 09, 2016, 17:02 ET
VANCOUVER, June 9, 2016 /CNW/ -
TSX VENTURE COMPANIES
APPLE CAPITAL INC. ("ALE")
BULLETIN TYPE: Resume Trading, Reverse Takeover-Announced
BULLETIN DATE: June 9, 2016
TSX Venture Tier 2 Company
Effective at the open, Friday, June 10, 2016, trading in the shares of Apple Capital Inc. (the "Company") will resume.
This resumption of trading does not constitute acceptance of the Company's previously announced proposed acquisition of the securities of YDreams Brasil – Serviços e Soluções Interativas LTDA (the 'Reverse Takeover') (as described in the Company's press release of June 10, 2015), and should not be construed as an assurance of the merits of the transaction or the likelihood of completion. The Company is required to submit all of the required final documentation relating to the Reverse Takeover within 75 days of the issuance of the news release. IF THIS DOCUMENTATION IS NOT PROVIDED, OR IS INSUFFICIENT, A TRADING HALT MAY BE RE-IMPOSED.
Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange acceptance. There is a risk that the transaction will not be accepted or that the terms of the transaction may change substantially prior to acceptance. SHOULD THIS OCCUR, A TRADING HALT MAY BE RE-IMPOSED.
________________________________________
ASTON BAY HOLDINGS LTD. ("BAY")
BULLETIN TYPE: Property-Asset or Share Acquisition Agreement
BULLETIN DATE: June 9, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing an option agreement between Aston Bay Holdings Ltd. ("Aston Bay") and a Canadian subsidiary of BHP Billiton Ltd. ("BHP") (the "Agreement") pursuant to which Aston Bay has agreed to dispose of up to a 75% interest in the Storm Copper Project.
In order to earn the 75% interest in the Storm Copper Project ("Storm"), BHP must spend a minimum of CDN$40 million on exploration at Storm within nine years, with minimum expenditures of CDN$2.5 million in the first two years. Aston Bay has no required contributions during the option period. Exercise of the option would result in formation of a joint venture governed by terms of a Joint Venture Agreement, whereby both companies would contribute funding on a pro rata basis (75% BHP, 25% Aston Bay). Aston Bay has no required exploration expenses for four years from the closing of the Agreement; in the event of an early exercise of the option, Aston Bay's pro rata contribution to any additional expenditures will not be required until the end of this four-year period.
Commander Resources Ltd. ("Commander") will retain its 0.875% Gross Overriding Royalty ("GOR") on the area of mutual interest with Aston Bay. BHP has the option to buy this down to a 0.4% GOR with a one-time payment of CDN$4 million. Aston Bay will hold a Gross Overriding Royalty of 0.3% on the territory outside the area of mutual interest with Commander. BHP will make a cash payment of CDN$325,000 to Aston Bay upon closing of this Agreement. Aston Bay will be the operator for the upcoming field season, and BHP can elect to assume operatorship at any time.
Insider / Pro Group Participation: Nil.
For further information please refer to Aston Bay's news releases dated January 28, 2016, March 23, 2016 and May 31, 2016which is available under Aston Bay's profile on SEDAR.
________________________________________
ATMANCO INC. ("ATW")
BULLETIN TYPE: Halt
BULLETIN DATE: June 9, 2016
TSX Venture Tier 2 Company
Effective at 5:38 a.m. PST, June 9, 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.
________________________________________
ATMANCO INC. ("ATW")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 9, 2016
TSX Venture Tier 2 Company
Effective at 7:00 a.m. PST, June 9, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
CANDELARIA MINING CORP. ("CXX")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture
BULLETIN DATE: June 9, 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 May 12, 2016:
| Private Placement |
||
| Number of Shares: |
39,099,000 shares |
|
| Purchase Price: |
$0.10 per share |
|
| Number of Placees: |
29 Placees |
|
| Convertible Debenture |
||
| Convertible Debenture: |
$1,625,000 |
|
| Conversion Price: |
Convertible into shares at $0.06 per share in the first year |
|
| and at $0.10 per share for the remainder of the term. |
||
| Maturity date: |
18 month term |
|
| Interest rate: |
6% |
|
| Number of Placees: |
1 Placee |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Manuel Gomez Rubio |
Y |
6,500,000 shs |
| Credipresto SA de CV |
||
| SOFOM ENR (Javier Reyes) |
Y |
$1,625,000 con dbn |
| Finder's Fee: |
Odlum Brown - $4,000.00 |
|
| Haywood Securities Inc. - $4,240.00 |
||
| Abraham Sharfen - $62,400 |
||
| Diego Polini - $33,576 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
________________________________________
CANUC RESOURCES CORPORATION ("CDA")
BULLETIN TYPE: Halt
BULLETIN DATE: June 9, 2016
TSX Venture Tier 2 Company
Effective at 7:12 a.m. PST, June 9, 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.
________________________________________
CANUC RESOURCES CORPORATION ("CDA")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: June 9, 2016
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated June 9, 2016, 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 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.
________________________________________
CLEAN COMMODITIES CORP. ("CLE")
[formerly Athabasca Nuclear Corp. ("ASC")]
BULLETIN TYPE: Name Change
BULLETIN DATE: June 9, 2016
TSX Venture Tier 2 Company
Pursuant to a directors' resolution dated June 2, 2016, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening June 10, 2016, the common shares of Clean Commodities Corp. will commence trading on TSX Venture Exchange, and the common shares of Athabasca Nuclear Corp. will be delisted. The Company is classified as a 'Mining' company.
| Capitalization: |
Unlimited |
shares with no par value of which |
| 62,251,197 |
shares are issued and outstanding |
|
| Escrow: |
Nil |
|
| Transfer Agent: |
CST Trust Company |
|
| Trading Symbol: |
CLE |
(new) |
| CUSIP Number: |
18452P109 |
(new) |
________________________________________
EPICORE BIONETWORKS INC. ("EBN")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: June 9, 2016
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 June 8, 2016. The Company may repurchase for cancellation, up to 500,000 shares in its own capital stock, representing 1.9% of its Public Float, during the period June 15, 2016 to June 14, 2017. Purchases pursuant to the bid will be made by Echelon Wealth Partners on behalf of the Company.
________________________________________
FAIRMONT RESOURCES INC. ("FMR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 09, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 30, 2016:
| Number of Shares: |
8,000,000 shares |
|
| Purchase Price: |
$0.06 per share |
|
| Warrants: |
4,000,000 share purchase warrants to purchase 4,000,000 shares |
|
| Warrant Initial Exercise Price: |
$0.10 |
|
| Warrant Term to Expiry: |
1 Year |
|
| Number of Placees: |
37 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
Pro-Group=P |
# of Shares |
| Aggregate Pro-Group |
||
| Involvement [2 Placees] |
P |
400,000 |
| Finder's Fee: |
||
| PI Financial Corp. |
$4,224.00 cash; 70,400 warrants |
|
| Canaccord Genuity Corp. |
$2,160.00 cash; 36,000 warrants |
|
| EMD Financial Inc. |
$10,560.00 cash; 176,000 warrants |
|
| Foster & Associates Financial |
||
| Services Inc. |
$1,200.00 cash; 20,000 warrants |
|
| Finder Warrant Initial Exercise Price: |
$0.10 |
|
| Finder Warrant Term to Expiry: |
Expiring one (1) year from the date of issuance. |
The Company issued a news release on June 8, 2016 confirming the 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.
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.
________________________________________
FANCAMP EXPLORATION LTD. ("FNC")
BULLETIN TYPE: Shares for Debt; Amendment
BULLETIN DATE: June 9, 2016
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated June 7, 2016, the Company advises that the following information is amended:
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Mel de Quadros |
Y |
$47,460 |
$0.05 |
949,200 |
| Paul Ankcorn |
Y |
$32,000 |
$0.05 |
640,000 |
| Fouad Kamaleddine |
Y |
$42,159.64 |
$0.05 |
843,193 |
| Mark Billings |
Y |
$23,000 |
$0.05 |
460,000 |
All other details remain unchanged.
________________________________________
FIRST MINING FINANCE CORP. ("FF")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 9, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing a share purchase agreement dated May 2, 2016 (the 'Agreement') between the Company and Chalice Gold Mines Limited (the 'Vendor'). Pursuant to the terms of the Agreement, the Company will acquire the issued and outstanding shares of Cameron Gold Operations Ltd., which owns the Cameron Gold Project in Ontario (the 'Property'). By way of consideration, the Company will issue 32,260,836 shares to the Vendor. Certain claims within the Property will be subject to a 1% NSR in favour of the Vendor, of which the Company may repurchase 0.5% for $1,000,000.
Please refer to the Company's news release dated May 3, 2016 for further details.
________________________________________
FJORDLAND EXPLORATION INC. ("FEX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 9, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a property option agreement dated May 20, 2016 (the 'Agreement') between the Company and Canalaska Uranium Ltd. (the 'Optionor'). Pursuant to the terms of the Agreement, the Company will acquire a 100% interest in two claim groups in northwestern Athabasca Basin, Saskatchewan (the 'Property'). By way of consideration, the Company will make cash payments totalling $50,000 and will issue 6,000,000 shares at a deemed price of $0.06 per share. The Property is subject to a 4% gross overriding royalty ('GOR') for diamonds and a 2% net smelter returns royalty for other minerals in favour of the Optionor. The Company may repurchase up to 2% of the GOR for $500,000 for each 0.5%.
Please refer to the Company's news release dated May 24, 2016 for further details.
________________________________________
GARIBALDI RESOURCES CORP. ("GGI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 9, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") accepts for filing documentation pursuant to an Agreement of Purchase and Sale dated May 05, 2016, and announced via news release on May 18, 2016 (the "Agreement"), between the Company and DeCoors Mining Corp ("Seller"), whereby the Company will acquire 35 mineral tenures comprising approximately 8,070 hectares located in the Liard Mining Division, known as the Palm Springs Property.
The Agreement is in three stages where the company is the Optionee and DeCoors is the Optionor. As per the first option, the Company can earn a 60% interest in the property by paying $10,000 in cash, issuing 1,400,000 shares and completing exploration work requirements of $2,100,000 over a period of 4 years (the "First Option"). In the second option, the company can earn an addition 15% undivided interest in the property by issuing an additional 2,000,000 shares, on or before the 4th anniversary of the Agreement (the "Second Option"). The third option, which is only granted if the company earns and exercises the First Option and Second Option, the Company can earn an additional 20% undivided interest in the Property by at any time paying to the Optionor an additional sum of $2,000,000 in cash.
For further details, please see the Company's press release dated May 18, 2016.
________________________________________
GOLD RESERVE INC. ("GRZ")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 9, 2016
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, June 9, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
GOLDCLIFF RESOURCE CORPORATION ("GCN")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: June 9, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 560,000 bonus shares at a deemed price of $0.05 per share to the following insider in consideration of a $140,000 interest-free loan:
| Shares |
Warrants |
|
| George Sanders |
560,000 |
N/A |
Please refer to the Company's news release of June 7, 2016 for further details.
________________________________________
KING'S BAY GOLD CORPORATION ("KBG")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: June 9, 2016
TSX Venture Tier 2 Company
Pursuant to Policy 1.2, TSX Venture Exchange has been advised of, and accepted the change of the Filing and Regional Office from Toronto to Vancouver.
________________________________________
LGX OIL + GAS INC. ("OIL")
BULLETIN TYPE: Suspend
BULLETIN DATE: June 9, 2016
TSX Venture Tier 2 Company
Further to the Company's press dated June 7, 2016, effective at the opening Friday June 10, 2016, trading in the shares of the Company will suspended for failure to maintain Exchange requirements.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
________________________________________
MEGA COPPER LTD. ("MCU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 9, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 3, 2016:
| Number of Shares: |
6,500,000 shares |
| Purchase Price: |
$0.05 per share |
| Warrants: |
6,500,000 share purchase warrants to purchase 6,500,000 shares |
| Warrant Exercise Price: |
$0.05 for a five year period |
| Number of Placees: |
12 Placees |
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.
________________________________________
PMI RESOURCES LTD. ("PMI")
[formerly PETROMANAS ENERGY INC. ("PMI")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: June 9, 2016April 11, 2012
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders March 14, 2016, the Company will consolidate its capital on a seventy (70) old for one (1) new basis. The name of the Company will also change as follows.
Effective at the opening Tuesday, June 14, 2016, the common shares of PMI Resources Ltd. will commence trading on TSX Venture Exchange, and the common shares of Petromanas Energy Inc. will be delisted. The Company is classified as a 'Oil and Gas Exploration ' company.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
shares with no par value of which |
| 9,912,305 |
shares are issued and outstanding |
|
| Escrow: |
Nil |
Escrowed Shares |
| Transfer Agent: |
TMX Equity Transfer Services Inc. |
|
| Trading Symbol: |
PMI |
(UNCHANGED) |
| CUSIP Number: |
69361G102 |
(new) |
________________________________________
Q-GOLD RESOURCES LTD. ("QGR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 9, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 06, 2016:
| Number of Shares: |
8,000,000 shares |
|
| Purchase Price: |
$0.05 per share |
|
| Warrants: |
8,000,000 share purchase warrants to purchase 8,000,000 shares |
|
| Warrant Initial Exercise Price: |
$0.07 |
|
| Warrant Term to Expiry: |
18 Months |
|
| Number of Placees: |
42 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
Pro-Group=P |
# of Shares |
| Robert Bryce |
Y |
2,250,000 |
| Lise Bryce |
Y |
300,000 |
| Aggregate Pro-Group |
||
| Involvement [4 Placees] |
P |
750,000 |
| Finder's Fee: |
||
| Haywood Securities Inc. |
$4,800.00 cash |
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 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.
________________________________________
RAINMAKER RESOURCES LTD. ("RIR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 9, 2016
TSX Venture Tier 2 Company
Effective at 8:30 a.m. PST, June 9, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
RAMBLER METALS AND MINING PLC ("RAB")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: June 9, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced April 21, 2016:
| Number of Shares: |
261,363,636 common shares |
| Purchase Price: |
£0.04 per share |
| Warrants: |
200,000,000 share purchase warrants attached to purchase 200,000,000 shares |
| Warrant Exercise Price: |
£0.05 for a two year period |
| Number of Placees: |
1 placee |
| Brokers' Fees: |
an aggregate of £209,090.91 plus cash of 1% of the aggregate exercise of the above warrants is payable to D&D 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.
________________________________________
SAGE GOLD INC. ("SGX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 9, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 26, 2016, May 11, 2016 and May 26, 2016:
| Number of Shares: |
5,510,000 shares |
|
| Purchase Price: |
$0.05 per share |
|
| Warrants: |
2,755,000 share purchase warrants to purchase 2,755,000 shares |
|
| Warrant Exercise Price: |
$0.10 for a two year period |
|
| Number of Placees: |
8 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P / |
# of Shares |
| Peter Freeman |
Y |
100,000 |
| Finder's Fee: |
An aggregate of $16,200 in cash payable to TP Consulting Ptd. Ltd. |
For further details, please refer to the Company's news release dated June 7, 2016.
________________________________________
SAINT JEAN CARBON INC. ("SJL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 9, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant a Mining Claims Purchase & Transfer Agreement dated May 11, 2016 (the "Agreement") between the Company and an arms length party (the "Vendor") whereby the Company will acquire the Bell hydrothermal lump/vein graphite mine located on Buckingham and Lochaber Townships in southwestern Quebec, about 170 km west of Montreal (the "Property") . In consideration, the Company will issue 1,500,000 common shares at a deemed value of $0.055 per share. The vendor will retain a royalty of 0.75% on the net output returns on the Property
Insider / Pro Group Participation: None
For further information, please refer to the Company's press release dated May 24, 2016
________________________________________
SCIENTIFIC METALS CORP. ("STM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 9, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to an agreement dated May 11, 2016 (the "Agreement") with an arm's length private company (the "Vendor") to acquire the Deep Valley Lithium Property (the "Property") which is located in the Fox Creek - Sturgeon Lake area of west-central Alberta. In consideration, the Company will make a cash payment of $15,000 and issue 4,000,000 common shares of the Company at a deemed price of $0.10 per share. A 3% net smelter royalty shall remain on the Property, of which 1% can be repurchased by the Company at any time in consideration for a cash payment of $1,500,000. The Company will also pay a finder's fee of 386,250 Shares at a deemed price of $0.10 per Share.
Insider / Pro Group Participation: None
________________________________________
STRIKER EXPLORATION CORP. ("SKX")
BULLETIN TYPE: Halt, Correction
BULLETIN DATE: June 9, 2016
TSX Venture Tier 2 Company
Effective at 12:11 p.m. PST, June 7, 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.
________________________________________
STRIKER EXPLORATION CORP. ("SKX")
BULLETIN TYPE: Resume Trading, Correction
BULLETIN DATE: June 9, 2016
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, June 8, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
NEX COMPANIES
CT DEVELOPERS LTD. ("DEV.H")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: June 9, 2016
NEX Company
Further to TSX Venture Exchange Bulletin dated August 18, 2014, the Company has applied for reinstatement to trading.
Effective at the opening Friday, June 10, 2016 trading will be reinstated in the securities of the Company.
_______________________________________
SOURCE TSX Venture Exchange
For further information: Market Information Services at 1-888-873-8392, or email: [email protected]