TSX Venture Exchange Daily Bulletins

VANCOUVER, June 10, 2016 /CNW/ -

TSX VENTURE COMPANIES

ALIX RESOURCES CORP. ("AIX")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  June 10, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,000,000 shares at $0.10 per share to settle outstanding debt for $100,000.

Number of Creditors:                 3 Creditors

Insider / Pro Group Participation:

Creditor  

Insider=Y /
Progroup=P              

 Amount Owing     

Deemed Price per Share

# of Shares

England Communication Ltd.





   (Michael England)             

Y               

$20,000

$0.10

200,000

 

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

________________________________________

ASIABASE METALS INC. ("ABZ")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  June 10, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 100,000 shares at $0.245 per share to settle outstanding debt for $24,500.

Number of Creditors:                 1 Creditor

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

________________________________________

CROWN MINING CORP. ("CWM")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  June 10, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 6, 2016:

Number of Shares:   

2,500,000 shares



Purchase Price:    

$0.10 per share



Warrants:      

2,500,000 share purchase warrants to purchase 2,500,000 shares



Warrant Exercise Price:  

$0.20 for a two year period



Number of Placees:  

16 Placees

 

Insider / Pro Group Participation:

Name

Insider=Y /
ProGroup=P
    

# of Shares

George Cole         

Y         

50,000

 

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.

________________________________________

EGUANA TECHNOLOGIES INC. ("EGT")
BULLETIN TYPE:  Halt
BULLETIN DATE:  June 10, 2016
TSX Venture Tier 2 Company

Effective at 12:31 p.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.

________________________________________

EGUANA TECHNOLOGIES INC. ("EGT")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  June 10, 2016
TSX Venture Tier 2 Company

Effective at 6:30 a.m. PST, June 10, 2016, shares of the Company resumed trading, an announcement having been made.

________________________________________

EVEREST VENTURES INC. ("EET")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  June 10, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 14, 2016:

Number of Shares:            

22,000,000 shares



Purchase Price:                  

$0.07 per share



Warrants:                             

22,000,000 share purchase warrants to purchase 22,000,000 shares



Warrant Exercise Price:        

$0.09 for a five year period



Number of Placees:          

9 Placees

 

Insider / Pro Group Participation:

                                                                        

Name   

Insider=Y /
ProGroup=P            

# of Shares

Halio Capital Inc. (Joseph Casabona)  

Y  

20,000,000

 

The Company issued a news release on June 9, 2016 confirming closing of the private placement.

________________________________________

FAIRMONT RESOURCES INC. ("FMR")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  June 10, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a mineral property option agreement dated May 26, 2016 (the 'Agreement') between the Company and Frederic Bergeron (the 'Optionor'). Pursuant to the terms of the Agreement, the Company may acquire a 100% interest in the Rome Lithium Property in Val d'Or, Quebec (the 'Property'). By way of consideration, the Company will make cash payments totalling $25,000 and will issue 1,500,000 shares at a deemed price of $0.17 per share over a one year period. The Company must also complete $150,000 of exploration work on the Property within a three year period. The Property is subject to a 2% production 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 May 26, 2016 for further details.

________________________________________

FOCUS GRAPHITE INC. ("FMS")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: June 10, 2016
TSX Venture Tier 2 Company

The Exchange has accepted for filing the documentation relating to two definitive offtake agreements with Grafoid Inc. ("Grafoid"), a related party of Focus Graphite Inc. ("Focus").

The first offtake agreement commits Grafoid to acquire, at its discretion, up to an annual maximum of 1,000 tonnes of high-purity graphite concentrate annually from the Lac Knife Project for 10 years, in consideration of Grafoid payment to Focus of $1 million over a 12-month period for the right of first refusal to purchase up to the annual maximum of 1,000 tonnes and will also give Grafoid the first right of refusal to extend and expand the offtake agreement for an additional 10-year period. The pricing for an additional 10-year period will be set at market price less 10%.

The second offtake agreement commits Grafoid to acquire, at its discretion, up to 25,000 tonnes of 97.8% Ct (average concentrate grade for all flake sizes) graphite concentrate annually from the Lac Knife Project for 10 years, in consideration of Grafoid payment to Focus of $1 million over a 12-month period for the right of first refusal to purchase up to the annual maximum of 25,000 tonnes of all flake size graphite concentrate. Grafoid will also have the first right of refusal to extend the offtake agreement for an additional 10-year period. The pricing for an additional 10-year period will be set at market price less 10%.

For further information, please refer to Focus' news release dated September 25, 2015 and the Company's Information Circular dated April 26, 2016 that is available on SEDAR.

_________________________________________

GALANTAS GOLD CORPORATION ("GAL")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE: June 10, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 11,883,835 shares to settle outstanding debt for $935,852.

Number of Creditors:                 1 Creditor

Insider / Pro Group Participation:

Creditor

Insider=Y /
Progroup=P 

Amount
Owing
 

Deemed Price 
per Share

# of Shares

Roland Phelps 

Y   

$935,852

$0.07875

11,883,835

 

For further information refer to the Company's news release dated May 11, 2016.

________________________________________

GARIBALDI RESOURCES CORP. ("GGI")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 10, 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 10, 2016, and announced via news release on May 18, 2016 (the "Agreement"), between the Company and an arm's length vendor ("Vendor"), whereby the Company will acquire 17 mineral tenures comprising approximately 3,053 hectares located in the Liard Mining Division, known as the King South Property.

The Company has purchased a 100% right, title and interest in the Property, subject to a 2% net smelter return royalty to be retained by the Vendor. In consideration for the transaction, the company will issue 300,000 common shares to the Vendor and has agreed to a work commitment of $50,000. The Company also retains the option to purchase the royalty down to 1% for a one time cash payment of $1,000,000.

For further details, please see the Company's press release dated May 18, 2016.

________________________________________

GREEN SWAN CAPITAL CORP. ("GSW")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  June 10, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 24, 2016:

Number of Shares:        

1,000,000 shares



Purchase Price:             

$0.05 per share



Warrants:                         

1,000,000 share purchase warrants to purchase 1,000,000 shares



Warrant Exercise Price:        

$0.07 for a one year period



Number of Placees:           

1 Placee



Finders Fee:               

$3,500 in cash and 70,000 finders' warrants payable to Industrial Alliance Securities Inc.  Each finder's warrant entitles the holder to acquire one unit at $0.05 for a one 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 futher details, please refer to the Company's news release dated May 24, 2016.

________________________________________

HUNTINGTON EXPLORATION INC ("HEI")
BULLETIN TYPE:  Consolidation
BULLETIN DATE:  June 10, 2016
TSX Venture Tier 2 Company

Pursuant to a special resolution passed by shareholders September 17, 2015, the Company has consolidated its capital on a (6) old for (1) new basis.  The name of the Company has not been changed.

Effective at the opening June 14, 2016, the  shares of  will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Oil & Gas Exploration/Development' company.

Post - Consolidation


Capitalization:              

     Unlimited   shares with no par value of which


22,931,056   shares are issued and outstanding

Escrow                           

               Nil   shares are subject to escrow



Transfer Agent:                  

Alliance Trust Company

Trading Symbol:                

HEI                         UNCHANGED

CUSIP Number:                 

445901200            (new)

________________________________________

IBC ADVANCED ALLOYS CORP. ("IB")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE: June 10, 2016 
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,032,113 shares and 1,032,113 share purchase warrants to settle outstanding debt for $387,042.62.

Number of Creditors:                 7 Creditors

Insider / Pro Group Participation:

Creditor 

Insider=Y / Progroup=P 

Amount
Owing

Deemed Price
per Share 

# of Shares

Anthony Dutton   

Y          

$212,747.11

$0.375

567,325

Simon Anderson          

Y                 

$51,750

$0.375

138,000

Mike Jarvis               

Y             

$32,661.38

$0.375

87,097

David Heinz                  

Y             

$33,795.38

$0.375

90,121

Alastair Neill        

Y          

$6,000

$0.375

16,000






Warrants:

 1,032,113 share purchase warrants to purchase 1,032,113 shares






Warrant Exercise Price:

$0.50 for a five year period

 

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

________________________________________

MCW ENERGY GROUP LIMITED ("MCW")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  June 10, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,932,345 common shares at a deemed value of $0.1125 per share to settle outstanding debt for CDN$217,389.

Number of Creditors:                 2 Creditors

For futher details, please refer to the Company's news release dated June 7, 2016.

________________________________________

NEMASKA LITHIUM INC. ("NMX")
BULLETIN TYPE:  Halt
BULLETIN DATE:  June 10, 2016
TSX Venture Tier 2 Company

Effective at 7:37 a.m. PST, June 10, 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.

________________________________________

NEMASKA LITHIUM INC. ("NMX")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  June 10, 2016
TSX Venture Tier 2 Company

Effective at 9:15 a.m. PST, June 10, 2016, shares of the Company resumed trading, an announcement having been made.

________________________________________

NORTHISLE COPPER AND GOLD INC. ("NCX")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  June 10, 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 May 4, 2016:

Number of Shares:            

5,000,000 Non Flow-through shares

Purchase Price:                  

$0.025 per share

Warrants:                           

2,500,000 share purchase warrants to purchase 2,500,000 shares

Warrant Exercise Price:        

$0.05 for a two year period



Number of Shares:              

4,375,000 Flow-through shares

Purchase Price:                   

$0.04 per share



Number of Placees:              

13 Placees

 

Name    

Insider=Y /
ProGroup=P
             

# of Shares

David Douglas

Y                              

100,000

Dale Corman 

Y          

2,625,000

Hugh Harlingten  

Y                     

2,000,000

John McClintock  

Y                              

400,000

Murray McInnes 

Y             

300,000




Finder's Fee:

 PI Financial Corp. 120,000 shares 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(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.]

________________________________________

OPSENS INC. ("OPS")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  June 10, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement:

Number of Shares:           

4,761,000 common shares



Purchase Price:                 

$1.05 per common share



Warrants:                          

2,380,502 warrants to purchase 2,380,502 common shares



Warrants Exercise Price:     

$1.55 for a 18-month period from the closing date



Number of Placees:            

3 Placees

 

Insider / Pro Group Participation:

Name

Insider = Y /

Pro Group = P

Number

of Shares

Fiera Capital Corporation

Y

952,000

 

The Company has confirmed the closing of the Private Placement pursuant to a news release dated May 17, 2016.

OPSENS INC. (« OPS »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 10 juin 2016
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier:

Nombre d'actions :          

4 761 000 actions ordinaires



Prix :                          

1,05 $ par action ordinaire



Bons de souscription :         

2 380 502 bons de souscription permettant de souscrire à 2 380 502 actions ordinaires



Prix d'exercice des bons :      

1,55 $ pour une période de 18 mois suivant la date de clôture



Nombre de souscripteurs :      

3 souscripteurs

 

Participation initié / Groupe Pro :

 

Nom

Initié = Y /

Groupe Pro = P

Nombre

d'actions

Fiera Capital Corporation

Y

952 000

 

La société a confirmé la clôture du placement privé en vertu d'un communiqué de presse daté du 17 mai 2016.

___________________________________________

RAINMAKER RESOURCES LTD. ("RIR")
BULLETIN TYPE:  Private Placement-Non-Brokered, Correction
BULLETIN DATE:  June 10, 2016
TSX Venture Tier 2 Company

Further to the bulletin dated June 8, 2016, TSX Venture Exchange has corrected the acceptance of a Non-Brokered Private Placement announced May 27, 2016. The correction relates to the terms of the finder's fee. All other terms are unchanged:

Finder's Fee:                   

Sunel Securities Inc. receives $14,717.12 and 210,244 non-transferable warrants, each exercisable for one unit with the same terms as the private placement, at a price of $0.07 per share for a five year term. 

 

________________________________________

SIYATA MOBILE INC. ("SIM")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  June 10, 2016
TSX Venture Tier 1 Company

Property-Asset or Share Purchase Agreement
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation pertaining to a share purchase agreement dated April 18, 2016 (the "Agreement"), among Siyata Mobile Inc. (the "Company"), Justin Goldenblatt, Michael Kron, Ari Schachter (collectively, the "Selling Shareholders") and Signifi Mobile Inc. ("Signifi"), pursuant to which the Company has acquired all of the outstanding shares of Signifi.

Under the terms of the Agreement, consideration to acquire Signifi is as follows:


CASH   

SHARES  

Closing            

$200,000

1,000,000

June 8, 2017 

$150,000

1,000,000

June 8, 2018   

-

1,000,000

June 8, 2019           

-

1,000,000

Total         

$350,000

4,000,000

 

In addition to the above, up to an additional 1,400,000 shares are issuable to the Selling Shareholders if Signifi meets annual revenue and gross profit targets per the Agreement.

Further, 402,612 shares will be issued at closing to settle existing debt of Signifi.

Insider / Pro Group Participation:  Michael Kron is a director of the Company and a 5% shareholder of Signifi.

For additional information please refer to the Company's news releases dated April 19, 2016 and June 8, 2016.

________________________________________

STELLAR AFRICAGOLD INC. ("SPX")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: June 10, 2016
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange Bulletin dated February 1, 2016, the Exchange has been advised that the Cease Trade Order issued by the Autorite des marches financiers dated February 1, 2016 has been revoked.

Effective at the opening, Monday, June 13, 2016, trading will be reinstated in the securities of the Company.

________________________________________

TASCA RESOURCE LTD. ("TAC")
BULLETIN TYPE:  Stock Split
BULLETIN DATE:  June 10, 2016
TSX Venture Tier 2 Company

Pursuant to a directors' resolution passed on June 8, 2016, the Company's common shares will be split on a (one) 1 old for (two) 2 new basis.

The common shares of the Company will commence trading on a split basis at the opening, June 13, 2016.

Post - Split


Capitalization:          

      unlimited  shares with no par value of which


10,545,700  shares are issued and outstanding

Escrowed Shares:         

                          nil 



Transfer Agent:                     

Computershare Investor Services Inc.

Trading Symbol:                   

TAC

CUSIP Number:                    

876503202        (unchanged)

 

Common shareholders of record at the close of business Wednesday, June 15, 2016 will be mailed additional certificates.   The push-out method will be used to effect the split.

________________________________________

URAVAN MINERALS INC. ("UVN")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  June 10, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 29, 2016:

Number of Shares:             

1,995,000 units ("Units")


Each Unit consists of one common share and one common share purchase warrant


670,000 common shares issued on a flow-through basis ("FT Shares")



Purchase Price:                  

$0.10 per Unit


$0.15 per FT Share



Warrants:                           

1,995,000 share purchase warrants to purchase 1,995,000 shares



Warrant Exercise Price:       

$0.20 for up to 24 months from date of issuance



Number of Placees:            

15 Placees



Insider / Pro Group Participation:

None



Finder's Fee:

None

 

________________________________________

NEX COMPANIES

CREST PETROLEUM CORP. ("CTP.H")
BULLETIN TYPE:  Halt
BULLETIN DATE:  June 10, 2016
NEX Company

Effective at 5:45 a.m. PST, June 10, 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.

________________________________________

METROPOLITAN ENERGY CORP. ("MOE.H")
BULLETIN TYPE:  Shares for Bonuses
BULLETIN DATE:  June 10, 2016
NEX Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 40,000 bonus shares to two lenders in consideration of loans totaling $10,000.  The loan has a one year term with interest payable at 18% per annum.  For full details please see the company's news release dated May 27, 2016.

Insider                                      

Shares     

Warrants

Michael Thomson                        

20,000

nil

________________________________________

VENA RESOURCES INC. ("VEM.H")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: June 10, 2016
NEX Company

Further to the TSX Venture Exchange Bulletin dated April 5, 2016, the Exchange has been advised that the Cease Trade Order issued by the Ontario Securities Commission dated April 5, 2016 has been revoked.

Effective at the opening, Monday, June 13, 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: information@venture.com


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