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 / |
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 / |
# 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 / |
# 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 / |
Amount |
Deemed Price |
# 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 |
Deemed Price |
# 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 / |
# 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: [email protected]
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