VANCOUVER, Nov. 11, 2016 /CNW/ -
TSX VENTURES COMPANIES
ALSET ENERGY CORP. ("ION")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,178,680 shares at a deemed price of $0.13 per share to settle outstanding debt for $153,228.52.
| Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
BLUE RIVER RESOURCES LTD. ("BXR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 26, 2016:
| Number of Shares: |
25,000,000 shares |
| Purchase Price: |
$0.05 per share |
| Warrants: |
12,500,000 share purchase warrants to purchase 12,500,000 shares |
| Warrant Exercise Price: |
$0.09 for a two year period |
| Number of Placees: |
54 Placees |
| Insider / Pro Group Participation: |
||||
| Name |
Insider=Y / |
|||
| ProGroup=P |
# of Shares |
|||
| Nahatlatch Capital Inc. (Griffin Jones) |
Y |
4,080,000 |
||
| Aggregate Pro Group Involvement |
P |
450,000 |
||
| [2 Placees] |
||||
| Finder's Fee: |
$35,000 payable to Mackie Research Capital Corporation, with 875,000 warrants exercisable at $0.09 for two years |
|||
The Company issued news releases on October 6, 2016, October 31, 2016 and November 4, 2016 confirming 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.
________________________________________
BRAZIL RESOURCES INC. ("BRI") ("BRI.WT")
BULLETIN TYPE: Halt
BULLETIN DATE: November 11, 2016
TSX Venture Tier 2 Company
Effective at 7:47 a.m. PST, November 11, 2016, trading in the shares of the Company was halted, single stock circuit breaker. 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.
________________________________________
BRAZIL RESOURCES INC. ("BRI") ("BRI.WT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 11, 2016
TSX Venture Tier 2 Company
Effective at 7:52 a.m. PST, November 11, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
BUTTE ENERGY INC. ("BEN.H")
[formerly Butte Energy Inc. ("BEN")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE: November 11, 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 Monday, November 14, 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 November 14, 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 BEN to BEN.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.
_______________________________________
CLAREN ENERGY CORP. ("CEN")
[formerly TERRA NOVA ENERGY LTD. ("TGC")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: November 11, 2016
TSX Venture Tier 2 Company
Pursuant to a resolution passed November 3, 2016, the Company has consolidated its capital on a 4 (four) old for 1 (one) new basis. The name of the Company has also been changed as follows.
Effective at the opening Monday, November 14, 2016, the common shares of Claren Energy Corp. will commence trading on TSX Venture Exchange, and the common shares of Terra Nova Energy Ltd. will be delisted.
| Post - Consolidation |
unlimited |
shares with no par value of which |
| 21,833,446 |
shares are issued and outstanding |
|
| Escrow: |
nil |
|
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
CEN |
(new) |
| CUSIP Number: |
180266108 |
(new) |
________________________________________
Cup Capital Corp. ("CPU.P")
BULLETIN TYPE: Remain Halted - Qualifying Transaction
BULLETIN DATE: November 11, 2016
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated November 07, 2016, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Qualifying Transaction pursuant to Listings Policy 2.4.
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.
_____________________________________
ERGORESEARCH LTD. ("ERG")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: November 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has been advised by the Company that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated November 11, 2016, the Company may repurchase for cancellation up to 3,625,452 common shares of its own capital stock, representing approximately 5% of the Company's issued and outstanding shares. The purchases are to be made through the facilities of the Exchange during the period starting on November 11, 2016 to November 10, 2017. Purchases pursuant to the bid will be made by GMP Securities LP on behalf of the Company.
ERGORECHERCHE LTEE (" ERG ")
TYPE DU BULLETIN : Offre de rachat dans le cours normal des activités
DATE DU BULLETIN : Le 11 novembre 2016
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX (la « Bourse ») a été avisée qu'en vertu d'un avis d'intention de procéder à une offre de rachat dans le cours normal des activités datées du 11 novembre 2016, la société peut racheter pour fin d'annulation, jusqu'à 3 625 452 actions ordinaires de son capital-actions représentant environ 5 % des actions émises et en circulation de la société. Les achats seront effectués par l'entremise de la Bourse durant la période débutant le 11 novembre 2016 et se terminant le 10 novembre 2017. Les achats en vertu de l'offre seront effectués par le biais de GMP Securities LP.
________________________________________
FRONSAC REAL ESTATE INVESTMENT TRUST ("GAZ.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: November 11, 2016
TSX Venture Tier 2 Company
The Issuer has declared the following distribution(s):
| Distribution per Unit: |
$0.004075 |
| Payable Date: |
December 30, 2016 |
| Record Date: |
December 16, 2016 |
| Ex-Distribution Date: |
December 14, 2016 |
________________________________________
GENSOURCE POTASH CORPORATION ("GSP")
BULLETIN TYPE: Private Placement-Brokered, Correction
BULLETIN DATE: November 11, 2016
TSX Venture Tier 2 Company
Further to our bulletin dated November 9, 2016, the number of shares being issued to T. Robert Theoret should have been disclosed as follows:
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| T. Robert Theoret |
Y |
1,010,102 |
________________________________________
HAWKEYE GOLD & DIAMOND INC ("HGO")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 11, 2016
TSX Venture Tier 2 Company
Effective at 6:45 a.m. PST, November 11, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
HIT TECHNOLOGIES INC. ("HIT")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: November 11, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 31, 2016:
| Convertible Debenture: |
CDN$375,000 principal amount |
| Conversion Price: |
Convertible into common shares at CDN$0.05 of principal amount outstanding per share in the first year and at CDN$0.10 of principal amount outstanding per share thereafter until maturity. |
| Maturity date: |
Two years from issuance |
| Interest rate: |
10% per annum |
| Number of Placees: |
2 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).
______________________________________
HIT TECHNOLOGIES INC. ("HIT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 11, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 31, 2016:
| Number of Shares: |
1,800,000 shares |
| Purchase Price: |
$0.05 per share |
| Number of Placees: |
1 Placee |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a new release announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
________________________________________
METALORE RESOURCES LIMITED ("MET")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: November 11 2016
TSX Venture Tier 2 Company
Effective at the opening Monday, November 14, 2016 the common shares of the Company will commence trading on TSX Venture Exchange. The Company is classified as an 'Oil and Gas' company.
The Company is presently trading on the Toronto Stock Exchange and will be delisted at the market close on Friday November 11, 2016.
Corporate Jurisdiction: Ontario
Capitalization: Authorized capital of 4,000,000 with no par value of which
1,775,035 common shares are issued and outstanding
Escrowed Shares: Nil common shares
Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: MET
CUSIP Number: 591307103
For further information, please refer to the Company's news release dated November 4, 2016.
Company Contact: George W. Chilian
Company Address: 89 Kitchen Road, Rural Route #1, Vittoria, Ontario, Canada N0E 1W0
Company Phone Number: (519) 428-2464
Company Email Address: [email protected]
________________________________________
NORTHWEST ARM CAPITAL INC. ("NWA")
[Formerly Northwest Arm Capital Inc. ("NWA.P")]
BULLETIN TYPE: Qualifying Transaction – Completed, Resume Trading, Symbol Change, Private Placement – Non- Brokered
BULLETIN DATE: November 11, 2016
TSX Venture Tier 2 Company
Qualifying Transaction:
TSX Venture Exchange has accepted for filing the Qualifying Transaction ("QT") of Northwest Arm Capital Inc. (the "Company") described in its Filing Statement dated October 28, 2016. As a result, at the opening on Monday, November 14, 2016, the Company will no longer be considered as a Capital Pool Company.
The QT consists of an option to acquire up to a 100% interest in the Wilding Lake Property (the "Property") for consideration of the issuance of 4,500,000 common shares of the Company at a deemed issue price of $0.305 per share ($1,372,500). The Company is also required to incur a minimum of $500,000 of exploration expenditures on the Property.
The Company is classified as a "Gold and silver ore mining" issuer (NAICS Number 212220).
For further information, please refer to the Filing Statement of the Company dated October 28, 2016, available on SEDAR.
Resume trading:
Further to TSX Venture Exchange Bulletin dated September 16, 2016, trading in the securities of the Company will resume at the opening on Monday, November 14, 2016.
Symbol Change:
Effective at the opening on Monday, November 14, 2016, the trading symbol of Northwest Arm Capital Inc. will change from ("NWA.P") to ("NWA"). There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital.
Private Placement – Non-Brokered:
TSX Venture Exchange has accepted for filing the documentation with respect to a non-brokered private placement (the "Private Placement"):
| Number of Shares: |
6,600,000 common shares |
| Purchase Price: |
$0.25 per common share |
| Number of subscribers: |
34 subscribers |
| Insider / Pro Group Participation: |
||
| Name |
Insider = Y / Pro Group = P |
Number |
| Brigus Capital Inc. (Wade Dawe) |
Y |
700,000 |
| Daniel Whittaker |
Y |
300,000 |
| Chad Wells |
Y |
148,000 |
| James D.R. Strauss |
Y |
80,000 |
| Ben Lewis |
Y |
128,000 |
| Brian Dalton |
Y |
128,000 |
| Donald J. Warr |
Y |
100,000 |
| Anna Stylianides |
Y |
80,000 |
| S. Lawrence Winter |
Y |
128,000 |
| Frederick J. Mifflin |
Y/P |
80,000 |
| Aggregate Pro-Group Involvement |
P |
1,140,000 |
| Waiver Fees: |
Haywood Securities Inc. received $13,750 in cash and 55,000 common shares pursuant to a waiver agreement dated September 22, 2016. |
|
| The closing of the above-mentioned Private Placement has been confirmed through a press release dated November 8, 2016. |
||
| Capitalization: |
Unlimited common shares with no par value of which 22,555,000 shares are issued and outstanding |
|
| Escrow: |
8,420,000 shares of which 842,000 shares are released at the date of this bulletin. |
|
| Transfer Agent: |
Computershare Investor Services Inc. – Montreal and Toronto |
|
| Trading Symbol: |
NWA |
(same symbol as CPC but with .P removed) |
| CUSIP Number: |
66732W105 |
(UNCHANGED) |
TSX Venture Exchange has been advised that the above transactions have been completed.
| Company Contact: |
Mr. Daniel Whittaker, Director and CEO |
| Company Address: |
1969 Upper Water Street, Suite 1300, Halifax, Nova Scotia B3J 2V1 |
| Company Phone Number: |
(902) 488-4700 |
| Company Fax Number: |
(902) 425-6350 |
| Company email: |
_________________________________________
NOVX21 INC. ("NOV.H")
[formerly NOVX21 Inc. ("NOV")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: November 11, 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 Monday, November 14, 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 Montreal to NEX.
As of November 14, 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 NOV to NOV.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 July 15, 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.
_______________________________________
PNG Gold Corporation ("PGK")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 11, 2016
TSX Venture Tier 2 Company
Effective at 5:00 a.m., PST, November 10, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
RYU APPAREL INC. ("RYU")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 5,680,000 shares and 5,680,000 share purchase warrants to settle outstanding debt for $710,000.
| Number of Creditors: |
1 Creditor |
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Marcello Leone |
Y |
$710,000 |
$0.125 |
5,680,000 |
| Warrants: |
5,680,000 share purchase warrants to purchase 5,680,000 shares |
| Warrant Exercise Price: |
$0.20 for a two year period |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
SYLOGIST LTD. ("SYZ")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: November 11, 2016
TSX Venture Tier 1 Company
The Issuer has declared the following dividend(s):
| Regular Dividend per Share: |
$0.07 |
| Special Dividend per Share: |
$0.05 |
| Payable Date: |
December 14, 2016 |
| Record Date: |
November 30, 2016 |
| Ex-Dividend Date: |
November 28, 2016 |
________________________________________
TRI ORIGIN EXPLORATION LTD. ("TOE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 13, 2016:
| Number of Shares: |
1,070,000 flow-through shares |
| 7,650,000 common shares |
|
| Purchase Price: |
$0.09 per flow-through share |
| $0.07 per common share |
|
| Warrants: |
4,360,000 share purchase warrants attached to purchase 4,360,000 shares |
| Warrant Exercise Price: |
$0.12 for an eighteen month period |
| Number of Placees: |
19 Placees |
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Europac Gold Fun |
Y |
3,590,000 |
| Aggregate Pro Group Involvement |
P |
600,000 |
| [2 Placees] |
||
| Finders' Fees: |
an aggregate of $5,950 is payable to NBCN Inc. (Dominique Richer). |
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.
________________________________________
NEX COMPANIES
BROOME CAPITAL INC. ("BCP.H")
BULLETIN TYPE: Halt
BULLETIN DATE: November 11, 2016
NEX Company
Effective at 4:47 a.m. PST, November 11, 2016, trading in the shares of the Company was halted, pending review of qualifying transaction. 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.
________________________________________
CAMEX ENERGY CORP. ("CXE.H")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 11, 2016
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,571,798 shares at a deemed value of $0.05 per share to settle outstanding debt for $78,589.90.
| Number of Creditors: |
5 Creditors |
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Scott Ackerman |
Y |
$8,337 |
$0.05 |
166,740 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392 or email: [email protected]
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