VANCOUVER, Aug. 3, 2016 /CNW/ -
TSX VENTURE COMPANIES
CADAN RESOURCES CORPORATION ("CXD")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: August 3, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 15,067,846 bonus warrants at an exercise price of $0.065 for a term of 3 years in consideration of loan in the amount of CDN$979,410.
________________________________________
ECUADOR GOLD AND COPPER CORP. ("EGX")
BULLETIN TYPE: Halt
BULLETIN DATE: August 3, 2016
TSX Venture Tier 2 Company
Effective at 6:02 a.m. PST, August 3, 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.
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ECUADOR GOLD AND COPPER CORP. ("EGX")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: August 3, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 27, 2016:
| Convertible Debenture: |
US$1,250,000 (CDN$1,634.750) |
|
| Conversion Price: |
Convertible into units consisting of 4,086,875 common share and |
|
| 2,043,438 common share purchase warrant at CDN$0.40 of principal |
||
| outstanding |
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| Maturity date: |
December 31, 2016 |
|
| Warrants |
Each warrant will have a term of two years from the date of issuance of |
|
| the notes and entitle the holder to purchase one common share. The |
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| warrants are exercisable at the price of CDN$0.40 per share for two years |
||
| Interest rate: |
Prime plus 12% |
|
| Number of Placees: |
7 Placees |
|
| Insider / Pro Group Participation: |
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| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aura International Services Ltd. |
||
| (Michel Deller) |
Y |
589,850 |
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.
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ENERGOLD DRILLING CORP. ("EGD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 3, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 25, 2016:
| Number of Shares: |
716,192 shares |
| Purchase Price: |
$1.00 per share |
| Warrants: |
716,192 share purchase warrants to purchase 716,192 shares |
| Warrant Exercise Price: |
$1.75 for an eighteen month period |
| Number of Placees: |
5 Placees |
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.
________________________________________
GOLDEN PEAK MINERALS INC. ("GP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 3, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 7, 2016:
| Number of Shares: |
1,500,000 shares |
| Purchase Price: |
$0.05 per share |
| Number of Placees: |
3 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.
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GLOBAL DAILY FANTASY SPORTS INC ("DFS")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 3, 2016
TSX Venture Tier 2 Company
Effective at open of markets, Thursday August 4, 2016, shares of the Company resumed trading, an announcement having been made.
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MELIOR RESOURCES INC. ("MLR")
BULLETIN TYPE: Halt
BULLETIN DATE: August 3, 2016
TSX Venture Tier 1 Company
Effective at 10:09 a.m. PST, August 3, 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.
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METALLIS RESOURCES INC. ("MTS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 3, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Jun 08, 2016:
| Number of Shares: |
925,000 shares |
| Purchase Price: |
$0.20 per share |
| Warrants: |
925,000 share purchase warrants to purchase 925,000 shares |
| Warrant Initial Exercise Price: |
$0.35 |
| Warrant Term to Expiry: |
2 Years |
| Number of Placees: |
17 Placees |
| Finder's Fee: |
|
| PI Financial Corp |
$1,960.00 cash |
| Canaccord Genuity Corp |
$700.00 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.
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MOSAIC CAPITAL CORPORATION ("M")("M.PR.A")
BULLETIN TYPE: Halt
BULLETIN DATE: August 3, 2016
TSX Venture Tier 1 Company
Effective at 1:31 p.m. PST, August 2, 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.
________________________________________
MOSAIC CAPITAL CORPORATION ("M")("M.PR.A")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 3, 2016
TSX Venture Tier 1 Company
Effective at 5:00 a.m. PST, August 3, shares of the Company resumed trading, an announcement having been made.
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NV GOLD CORPORATION ("NVX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 3, 2016
TSX Venture Tier 2 Company
Effective at 6:30 a.m. PST, August 3, 2016, shares of the Company resumed trading, an announcement having been made.
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ODIN MINING AND EXPLORATION LTD. ("ODN")
BULLETIN TYPE: Halt
BULLETIN DATE: August 3, 2016
TSX Venture Tier 2 Company
Effective at 6:02 a.m. PST, August 3, 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.
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PURE ENERGY MINERALS LIMITED ("PE")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: August 3, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced June 21, 2016 and July 11, 2016:
| Number of Shares: |
11,201,902 shares |
|
| Purchase Price: |
$0.55 per share |
|
| Warrants: |
11,201,902 share purchase warrants to purchase 11,201,902 shares |
|
| Warrant Exercise Price: |
$0.80 for a 36 month period |
|
| Number of Placees: |
76 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aggregate Pro Group |
||
| Involvement [22 Placees] |
P |
1,707,045 |
| Agent's Fee: |
Dundee Securities Ltd., Haywood Securities Inc., and Echelon Wealth |
|
| Partners Inc. receive $322,915.24 and 575,910 non-transferable |
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| warrants, each exercisable for one share at a price of $0.55 per share |
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| for a 24 month period. |
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 periods on July 20, 2016. [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.]
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RELEVIUM TECHNOLOGIES INC. ("RLV")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: August 3, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension of the following Warrants:
| Number of Warrants: |
10,265,466 |
| Expiry Date of Warrants: |
August 7, 2016 |
| New Expiry Date of Warrants: |
August 7, 2018 |
| Exercise Price of Warrants: |
$0.15 |
These warrants were issued pursuant to a private placement of 10,265,466 common shares and 10,265,466 warrants, as approved by the Exchange on August 18, 2015.
TECHNOLOGIES RELEVIUM INC. (" RLV ")
TYPE DE BULLETIN : Prolongation de bons de souscription
DATE DU BULLETIN : Le 3 août 2016
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté la prolongation des bons de souscription (les « bons ») suivants :
| Nombre de bons : |
10 265 466 |
| Date d'échéance des bons : |
Le 7 août 2016 |
| Nouvelle date d'échéance : |
Le 7 août 2018 |
| Prix d'exercice des bons : |
0,15 $ |
Ces bons ont été émis dans le cadre de l'émission de 10 265 466 actions ordinaires et 10 265 466 bons de souscription par le biais d'un placement privé, tel qu'accepté par la Bourse le 18 août 2015.
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REWARDSTREAM SOLUTIONS INC. ("REW")
[formerly MUSGROVE MINERALS CORP. ("MGS")]
BULLETIN TYPE: Resume Trading, Change of Business –Completed, Name Change and Consolidation
BULLETIN DATE: August 3, 2016
TSX Venture Tier 2 Company
The common shares of the Company have been halted from trading since April 15, 2016, pending completion of a Change of Business.
The TSX Venture Exchange has accepted for filing the Company's Change of Business ("COB"), which includes the following transactions:
Amalgamation pursuant to the Amalgamation Agreement dated May 30, 2016 between Musgrove Minerals Corp. (the "Company") and Rewardstream Solutions Inc. ("RewardStream") to create an amalgamated entity ("Rewardstream Solutions Inc" or "Amalco"); the exchange ratio will be 0.5 shares of Amalco for each Company share held and 1.56 shares of Amalco for each share held of RewardStream. In addition, the Company issued 950,000 shares as finder's fees and issued 1,685,452 shares in connection with the conversion of a note previously issued by RewardStream.
The Exchange has been advised that the above transaction, approved by shareholders on June 24, 2016, has been completed.
The Company is classified as a "technology" company.
| Capitalization: |
Unlimited |
number of common shares with no par value of which |
| 37,787,115 |
shares are issued and outstanding common shares |
|
| Escrowed: |
5,999,510 |
share subject to Tier 2 value Escrow |
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
REW |
(new) |
| CUSIP Number: |
76156V103 |
(new) |
| Company Contact: |
Rana Vig |
|
| Company Address: |
250 – 2985 Virtual Way, Vancouver, BC, V5M 4X7 |
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| Company Phone Number: |
(604) 282-7572 |
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| Company Website: |
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| Company Email Address: |
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The name of the Company has also been changed as follows.
Effective at the opening Thursday August 4, 2016, the common shares of REWARDSTREAM SOLUTIONS INC. will commence trading on TSX Venture Exchange, and the common shares of MUSGROVE MINERALS CORP will be delisted.
Further information on this transaction is available on the Company's SEDAR filing in the Information Circular dated May 30, 2016 and in news release from April 25, 2016 to July 28, 2016.
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REDSTAR GOLD CORP ("RGC")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 3, 2016
TSX Venture Tier 2 Company
Effective at 6:30 a.m. PST, August 3, 2016, shares of the Company resumed trading, an announcement having been made.
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SERENGETI RESOURCES INC. ("SIR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Aug 03, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Jul 22, 2016:
| Number of Shares: |
6,612,000 shares |
|
| Purchase Price: |
$0.10 per share |
|
| Warrants: |
3,306,000 share purchase warrants to purchase 3,306,000 shares |
|
| Warrant Initial Exercise Price: |
$0.15 |
|
| Warrant Term to Expiry: |
2 Years |
|
| Number of Placees: |
31 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
Pro-Group=P |
# of Shares |
| David Moore |
Y |
650,000 |
| Thorsen-Fordyce Merchant |
||
| Capital Inc. & Lewis Lawrick |
Y |
700,000 |
| Aggregate Pro-Group |
||
| Involvement [4 Placees] |
P |
1,450,000 |
| Finder's Fee: |
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| Canaccord Genuity Corp. |
$4,500.00 cash; 45,000 warrants |
|
| Haywood Securities Inc. |
$16,800.00 cash; 168,000 warrants |
|
| Finder Warrant Initial Exercise Price: |
$0.15 |
|
| Finder Warrant Term to Expiry: |
Exercisable for 2 years |
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.
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SILVERCREST METALS INC. ("SIL")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 3, 2016
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, August 3, 2016, shares of the Company resumed trading, an announcement having been made.
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URACAN RESOURCES LTD. ("URC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 3, 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:
| SECOND TRANCHE: |
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| Number of Shares: |
4,304,000 shares |
|
| Purchase Price: |
$0.05 per share |
|
| Warrants: |
352,000 share purchase warrants to purchase 352,000 shares |
|
| Warrant Exercise Price: |
$0.10 for a one year period |
|
| Number of Placees: |
4 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Clive Johnson |
Y |
6,500,000 |
| Gordon Keep |
Y |
1,500,000 |
| Tom Garagan |
Y |
600,000 |
| Fiore Management & Advisory |
Y |
1,600,000 |
| Aggregate Pro Group |
||
| Involvement [ 2 Placees] |
1,100,000 |
|
| Finder's Fee: |
$7,000 payable to Secutor Capital Management Corporation |
|
| $5,412 payable to Canaccord Genuity Corp. |
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NEX COMPANIES
AXIS AUTO FINANCE INC. ("AXS")
[formerly Verdant Financial Partners I Inc.("VFI.H")]
BULLETIN TYPE: Qualifying Transaction-Completed, Private Placement-Brokered, Graduation from NEX to TSX Venture, Name Change and Consolidation, Resume Trading, Symbol Change
BULLETIN DATE: August 3, 2016
NEX Company
The common shares of the Company have been halted from trading since December 31, 2015, pending completion of a Qualifying Transaction (the "QT").
TSX Venture Exchange has accepted for filing the Company's QT described in its Filing Statement dated July 21, 2016. As a result, at the opening on August 4, 2016, the Company will no longer be considered a Capital Pool Company, and trading in the shares of the Company will resume.
Pursuant to the QT, the Company acquired 8095981 Canada Inc. operating as Axis Auto Finance by issuing 49,738,968 common shares and 4,322,103 warrants (including the securities issued in exchange for securities issued pursuant to the Private Placement, as described below) exercisable at an exercise price of $0.90 until April 28, 2019. A finder's fee of $232,014 cash was paid to certain arm's length parties.
Private Placements - Brokered
Before the closing of the QT, Axis Auto Finance completed private placements of securities which were exchanged into the following post-consolidation securities in the Resulting Issuer:
| Number of Shares: |
6,144,207 common shares |
|
| Purchase Price: |
$0.60 per share |
|
| Warrants: |
3,072,103 share purchase warrants to purchase 3,072,103 shares |
|
| Warrant Exercise Price: |
$0.90 per share until April 28, 2019. |
|
| Number of Placees: |
79 Placees |
|
| Insider / Pro Group Participation: |
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| Insider=Y / |
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| Name |
ProGroup=P |
# of Shares |
| 1369547 Ontario Inc. |
||
| (Bruce Smith) |
Y |
62,500 |
| Aorta GmbH (Robert Howe) |
Y |
17,000 |
| Robert Howe |
Y |
16,667 |
| Fraser Clarke |
Y |
65,000 |
| Anna Troitschanski |
Y |
25,000 |
| Josh Arbuckle |
Y |
10,000 |
| Agent's Fee: |
$103,382 cash and Agent Options to purchase 545,123 units @$0.60 |
|
| per unit until April 28, 2018. |
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.
Name Change and Consolidation
Pursuant to a resolution passed by shareholders on March 10, 2016, the Company has consolidated its capital on a 6 old for 1 new basis. The name of the Company has also been changed to "Axis Auto Finance Inc.".
Effective at the opening August 4, 2016, the common shares of Axis Auto Finance Inc. will commence trading on TSX Venture Exchange, and the common shares of Verdant Financial Partners I Inc. will be delisted.
| Post - Consolidation |
||
| Capitalization: |
Unlimited |
number of common shares with no par value of which |
| 50,328,050 |
common shares are issued and outstanding |
|
| Escrow: |
14,546,995 |
common shares and 1,620,000 stock options |
| Transfer Agent: |
TSX Trust Company |
|
| Trading Symbol: |
AXS |
(new) |
| CUSIP Number: |
05465 J 105 |
(new) |
The Company is classified as a "Finance and Insurance" company.
The Exchange has been advised that the above transactions have been completed.
Graduation from NEX to TSX Venture
The Company has met the requirements to be listed as a TSX Venture Tier 2 Company. Therefore, effective on August 4, 2016, the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to Toronto.
Company Contact: Ilja Troitschanski, Chief Executive Officer
Company Address: 1 Concorde Gate, Suite 301, Toronto, Ontario, Canada M3C 3N6
Company Phone Number: 416.633.5626
Company Fax Number: 1.866.765.8164
Company Email Address: [email protected]
Company Web Site: axisautofinance.ca
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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