VANCOUVER, Sept. 19, 2016 /CNW/ -
BAYHORSE SILVER INC. ("BHS")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: Sep 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 20, 2016 and Aug 31, 2016:
| Convertible Debenture |
CAD $967,500.00 (US$750,000 - 150 x US$5,000 convertible debentures) |
| Initial Conversion Price: |
The principal amount is convertible into 7,740,000 common shares at $0.125 per share, or conditional upon notification by the Company of silver production, the Placee may elect to convert the principal and accrued interest into ounces of silver at a conversion rate of US$15.50 an ounce. |
| Term of Maturity: |
3 Years |
| Interest Rate: |
12% |
| Warrants: |
3,000,000 share purchase warrants to purchase 3,000,000 shares |
| Initial Exercise Price: |
$0.25 |
| Term to Expiry: |
3 Years |
| Number of Placees: |
8 Placees |
| Additional Terms: |
The Placee is entitled to a pro-rata payment representing an aggregate of 2% of the net revenues from any silver production from the Bayhorse Silver Mine during the term of the debenture. |
| The Company may, 12 months after the date of issue, elect to redeem each US$5,000 debenture, in part or in full, at a price of US$5,600 per debenture together with payment of all accrued amounts due. |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
| Graham O'Neill |
Y |
CAD$129,000 |
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.
________________________________________
BLACKROCK GOLD CORP. ("BRC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 19, 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 August 25, 2016 and September 9, 2016:
| Number of Shares: |
3,133,332 shares |
| Purchase Price: |
$0.075 per share |
| Warrants: |
3,133,332 share purchase warrants to purchase 3,133,332 shares |
| Warrant Exercise Price: |
$0.15 for a two year period. The warrants are subject to an accelerated exercise provision in the event the Company's shares trade at or above a weighted average trading price of $0.30 per share for 15 consecutive trading days. |
| Number of Placees: |
15 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
| Amit Kumar |
Y |
200,000 |
| Aggregate Pro Group Involvement |
P |
100,000 |
| [1 Placee] |
||
| Finder's Fee: |
Canaccord Genuity Corp. - $2,100.00 |
|
| GMP Securities LP - $2,362.50 |
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). 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.
________________________________________
BRIXTON METALS CORPORATION ("BBB")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: September 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced August 22, 2016:
| Number of Shares: |
1,666,700 flow-through shares |
| 2,885,700 shares |
|
| Purchase Price: |
$0.75 per flow-through share |
| $0.70 per common share |
|
| Warrants: |
2,885,700 share purchase warrants to purchase 2,885,700 shares |
| Warrant Exercise Price: |
$1.00 for a two year period |
| Number of Placees: |
29 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
| Aggregate Pro Group Involvement |
P |
28,600 units |
| [1 Placee] |
||
| Agent's Fee: |
Red Cloud Klondike Strike Inc. - $199,143.91 and 278,310 Broker Warrants that are exercisable into common shares at $0.70 per common share for a two year period. |
|
| M Partners Inc. - $11,445.05 and 14,648 Broker Warrants that is exercisable into common shares at $0.70 per common share for a two year period. |
||
| Primary Capital Inc. $18,312.09 and 25,710 Broker Warrants that are exercisable into common shares at $0.70 per common share for a two year 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 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.
________________________________________
CROWN POINT ENERGY INC. ("CWV.RT")
BULLETIN TYPE: Rights Expiry-Delist
BULLETIN DATE: September 19, 2016
TSX Venture Tier 2 Company
Effective at the opening, September 20, 2016, the Rights of the Company will trade for cash. The Rights expire September 23, 2016 and will therefore be delisted at the close of business.
TRADE DATES
September 20, 2016 - TO SETTLE – September 21, 2016
September 21, 2016 - TO SETTLE – September 22, 2016
September 22, 2016 - TO SETTLE – September 23, 2016
September 23, 2016 - TO SETTLE – September 23, 2016
The above is in compliance with Trading Rule C.2.18 – Expiry Date:
Trading in the rights shall be for cash for the three trading days preceding the expiry date and also on expiry date. On the expiry date, trading shall cease at 12 o'clock noon E.T. and no transactions shall take place thereafter except with permission of the Exchange.
________________________________________
GOLDEN DAWN MINERALS INC. ("GOM")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s; Amendment
BULLETIN DATE: September 19, 2016
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletins dated August 30, 2016 and September 9, 2016, the Company advises that the following information is amended:
Finder's Fee:
Ecoban Securities Corporation $100,000 cash; 419,467 warrants
All other details remain unchanged.
________________________________________
GREAT BEAR RESOURCES LTD. ("GBR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Sep 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Aug 02, 2016:
| Number of Shares: |
4,800,000 shares |
| Purchase Price: |
$0.20 per share |
| Warrants: |
4,800,000 share purchase warrants to purchase 4,800,000 shares |
| Warrant Initial Exercise Price: |
$0.27 |
| Warrant Term to Expiry: |
2 Years |
| Number of Placees: |
50 Placees |
Insider / Pro Group Participation:
| |
Insider=Y / |
# of Shares |
| Vinland Holdings Inc. |
Y |
50,000 |
| David Terry |
||
| Doug Ramshaw |
Y |
80,000 |
| Tony Ricci |
Y |
50,000 |
| Chris Taylor |
Y |
87,500 |
| Rabjinder Singh |
Y |
25,000 |
| Aggregate Pro-Group Involvement[7 Placees] |
P |
730,000 |
| Finder's Fee: |
||
| Canaccord Genuity Corp. $3,500.00 cash |
||
| Leede Jones Gable Inc. $7,980.00 cash |
||
| PI Financial Corp. $1,400.00 cash |
||
| Foster & Assosciates Financial Services Inc. $1,050.00 cash |
||
| Haywood Securities Inc. $2,975.00 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.
________________________________________
HAMILTON THORNE LTD ("HTL")
BULLETIN TYPE: Halt
BULLETIN DATE: September 19, 2016
TSX Venture Tier 2 Company
Effective at 8:32 a.m. PST, September 19, 2016, trading in the shares of the Company was halted, pending clarification of 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.
________________________________________
LGC CAPITAL LTD. ("QBA")
BULLETIN TYPE: Halt
BULLETIN DATE: September 19, 2016
TSX Venture Tier 2 Company
Effective at 6:13 a.m. PST, September 19, 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.
________________________________________
LGC CAPITAL LTD. ("QBA")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 19, 2016
TSX Venture Tier 2 Company
Effective at 7:15 a.m. PST, September 19, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
MINAURUM GOLD INC. ("MGG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Option to Purchase agreement dated September 1, 2016 between Minaurum Gold Inc. (the Company) and Benjamin Leonardo Lagarda Burton, Minerales Tarachi (the Vendor) whereby the Company may acquire a 100% interest in the Quintera Property (4,698 hectares) located 8km west of Alamos, Sonora Mexico. Consideration is $600,000 cash, 6,000,000 common shares and $3,000,000 in exploration expenditures over a six year period. The Vendor retains a 2% NSR with the Company having the right to acquire 0.5% of the NSR for $1,000,000 at any time. If commercial production is attained the Company must pay the Vendor $2,000,000.
________________________________________
QUANTUM INTERNATIONAL INCOME CORP. ("QIC")
[Formerly: QUANTUM INTERNATIONAL INCOME CORP. ("QIC") ("QIC.U")]
BULLETIN TYPE: Termination of United States Dollar Trading
BULLETIN DATE: September 19, 2016
TSX Venture Tier 2 Company
Effective at the close of business on Monday, September 19, 2016, the Company's common shares will not be quoted in United States dollars under the trading information as set out below.
U.S. Dollar Trading
Stock Symbol: ("QIC.U") CUSIP #: 74766M 10 0
The Company will continue to be quoted in Canadian dollars under the trading information as set out below.
Canadian Dollar Trading:
Stock Symbol: ("QIC") CUSIP #: 74766M 10 0
________________________________________
REG TECHNOLOGIES INC. ("RRE")
BULLETIN TYPE: Halt
BULLETIN DATE: September 19, 2016
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, September 19, 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.
________________________________________
ROCKCLIFF COPPER CORPORATION ("RCU")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an Option Agreement (the "Agreement"), dated September 9, 2016, between Rockcliff Copper Corporation (the "Company") and an arm's length party (the "Vendor"), whereby the Company has the right to acquire a 100% undivided interest in certain mineral claims (the "Laguna Gold Property"), located in the Snow Lake District of Manitoba.
As consideration for the full interest, the Company will make aggregate cash payments of $200,000 over a four year period, issue 750,000 common shares over a four year period and incur a minimum of $1,000,000 in exploration expenditures over a five year period.
For further details, please refer to the Company's news release dated September 12, 2016.
________________________________________
ROUTEMASTER CAPITAL INC. ("RM")
[formerly Rodinia Lithium Inc. ("RM")]
BULLETIN TYPE: Change of Business - Completed, Name Change and Consolidation, Company Tier Reclassification
BULLETIN DATE: September 19, 2016
TSX Venture Tier 2 Company
Change of Business
TSX Venture Exchange has accepted for filing the Company's Change of Business (the "COB"), as described in its Information Circular dated July 13, 2016 (the "Circular"). The COB has changed the Company's business from a Mining Issuer to an Investment Issuer. The Exchange has been advised that the COB has received shareholder approval.
For additional information refer to the Circular and related disclosure available under the Company's profile on SEDAR.
The Company is classified as an 'Investment' company (NAICS Number: 526917).
Name Change and Consolidation
Pursuant to a resolution passed by shareholders on August 11, 2016, the Company has consolidated its capital on a ten (10) old shares for one (1) new share changed its name.
Effective at the opening, Tuesday, September 20, 2016, the common shares of Routemaster Capital Inc. will commence trading on TSX Venture Exchange, and the common shares of Rodinia Lithium Inc. will be delisted.
| Capitalization: |
Unlimited shares with no par value of which |
| 16,667,478 shares are issued and outstanding |
|
| Escrow: |
Nil shares are subject to escrow |
| Transfer Agent: |
TMX Equity Transfer Services (Toronto office) |
| Trading Symbol: |
RM |
| CUSIP Number: |
779292101 (NEW) |
| Company Tier Reclassification |
|
| Effective Tuesday, September 20, 2016, the Company's Tier classification will change from Tier 1 to: |
|
| Classification |
|
| Tier 2 |
|
| Issuer Contact: |
Fred Leigh, President and CEO |
| Issuer Address: |
65 Queen Street West, Suite 800, Toronto, Ontario, Canada M5H 2M5 |
| Issuer Phone Number: |
(416) 861-5933 |
| Issuer email: |
|
_______________________________________
STRATA MINERALS INC. ("SMP.H")
[formerly Strata Minerals Inc. ("SMP")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: September 19, 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 Tuesday, September 20, 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 Vancouver to NEX.
As of September 20, 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 SMP to SMP.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 June 6, 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.
_______________________________________
SOLIDUSGOLD INC. ("SDC")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 19, 2016
TSX Venture Tier 2 Company
Effective at 8:15 a.m. PST, September 19, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
SUNSET COVE MINING INC. ("SSM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 10, 2016 and June 28, 2016:
| Number of Shares: |
15,500,000 shares |
| Purchase Price: |
$0.05 per share |
| Warrants: |
7,750,000 share purchase warrants to purchase 7,750,000 shares |
| Warrant Exercise Price: |
$0.10 for a three year period |
| Number of Placees: |
50 Placees |
| Finder's Fee: |
Canaccord Genuity Corp. receives $6,300 and 126,000 non-transferable warrants, each exercisable for a unit (with terms as above) at a price of $0.05 for a two year period. |
| Haywood Securities Inc. receives $450 |
|
| First Republic Capital Corp. receives $80,250 and 1,424,000 non-transferable warrants, each exercisable for a unit (with terms as above) at a price of $0.05 for a two year 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 period on July 18, 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.]
________________________________________
SUNSET COVE MINING INC. ("SSM")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: September 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,900,000 shares to settle original outstanding debt for $905,992.46.
Number of Creditors: 6 Creditors
Participation:
| Creditor |
Insider=Y / |
Original |
# of Shares |
| Inter A World Capital Inc. |
|||
| (Marc Blais) |
Y |
$366,247.01 |
533,000 |
| Lorne Woods |
Y |
$290,782.60 |
402,650 |
| Arsenault Business Staging Inc. |
|||
| (Jacques Arsenault) |
$96,962.85 |
663,350 |
|
| Jason Mychasiw |
Y |
$28,000.00 |
10,000 |
| Steve Roebuck |
Y |
$24,000.00 |
10,000 |
| Newhouse Counsel |
|||
| (John Mavridis) |
$100,000.00 |
281,000 |
|
| Warrants: |
950,000 share purchase warrants to purchase 950,000 shares |
||
| Warrant Exercise Price: |
$0.10 for a three year period |
||
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
SUNSET COVE MINING INC. ("SSM")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: September 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 165,331 shares to settle outstanding debt for $93,331.71.
Number of Creditors: 7 Creditors
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
TANAGER ENERGY INC. ("TAN")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: September 19, 2016
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated September 6, 2016, the Exchange has been advised that the Cease Trade Order issued by the Alberta Securities Commission dated September 6, 2016 has been revoked.
Effective at the opening, Tuesday, September 20, 2016, trading will be reinstated in the securities of the Company.
________________________________________
TOMAGOLD CORPORATION ("LOT")
BULLETIN TYPE: Halt
BULLETIN DATE: September 19, 2016
TSX Venture Tier 2 Company
Effective at 12:02 p.m. PST, September 16, 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.
________________________________________
TOMAGOLD CORPORATION ("LOT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: September 19, 2016
TSX Venture Tier 2 Company
Effective at 11:00 a.m. PST, September 19, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
NEX COMPANIES
AMADOR GOLD CORP. ("AGX.H")
BULLETIN TYPE: Consolidation, No Symbol Change
BULLETIN DATE: September 19, 2016
NEX Company
Pursuant to a resolution passed by shareholders on April 20, 2016, the Company has consolidated its capital on a (20) twenty old for (1) one new basis. The name of the Company has not been changed.
Effective at the opening on September 20, 2016, the common shares of Amador Gold Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration/Development' company.
| Post - Consolidation |
|
| Capitalization: |
Unlimited shares with no par value of which |
| 1,994,756 shares are issued and outstanding |
|
| Escrow |
N/A shares are subject to escrow |
| Transfer Agent: |
Computershare Trust Company of Canada |
| Trading Symbol: |
AGX.H (UNCHANGED) |
| CUSIP Number: |
02264P309 (new) |
________________________________________
ANGEL BIOVENTURES INC. ("DDD.H")
BULLETIN TYPE: Halt
BULLETIN DATE: September 19, 2016
NEX Company
Effective at 12:55 p.m. PST, September 16, 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.
________________________________________
Angel Bioventures Inc. ("DDD.H")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: September 19, 2016
NEX Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated September 19, 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.
________________________________________
DELRAND RESOURCES LIMITED ("DRN.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 19, 2016
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 2, 2016:
| Number of Shares: |
600,000 shares |
| Purchase Price: |
$0.50 per share |
| Number of Placees: |
11 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
| Arnold Kondrat |
Y |
36,000 |
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.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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