VANCOUVER, Nov. 23, 2016 /CNW/ -
TSX VENTURES COMPANIES
AMERICAN CREEK RESOURCES LTD. ("AMK")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 23, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a Purchase Agreement dated November 8, 2016 (the "Agreement") between the Company and an arm's length party, Acme Resources, which owns the Bear River property ("Bear River") located near Stewart, British Columbia. The Bear River property includes mineral claims that are 8km north of Stewart, BC, and is adjacent to the Company's Silvershot property.
As per the terms of the Agreement, Acme Resources will receive 800,000 common shares ("Shares") of the Company at a deemed price of $0.065 per Share. Further, the tenure is subject to a 1.0% net smelter returns royalty ("NSR").
For further information, please refer to the Company's press release dated November 9, 2016
________________________________________
COBALTECH MINING INC. ("CSK")
[formerly Big North Graphite Corp. ("NRT")]
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Name Change
BULLETIN DATE: November 23, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with a property purchase agreement dated Oct. 14, 2016 (the "Agreement") between Big North Graphite Corp. ("Big North") and TrioResources AG Inc. ("Trio") with respect to the acquisition of those certain assets and undertaking and the related production facilities and equipment of the past-producing Duncan Kerr property located in the Cobalt region of Northeastern Ontario, Canada.
Pursuant to the terms of the purchase agreement, Big North will issue to Trio 8,500,000 million common shares (the "Payment Shares") in the capital of Big North and will pay Trio $2,000,000 in cash consideration which is payable over a period of 24 months from closing of the acquisition (such payments subject to acceleration in certain circumstances). The Payment Shares are subject to a voluntary pooling agreement and will be released over a period of 18 months from the closing date, with 33-1/3rd per cent being released every six months from the closing date.
In connection with the Agreement, Big North has also entered into a finder's fee agreement with 1821 Capital Corp. pursuant to which Big North will pay (i) $103,750 within five business days of Exchange approval of the Agreement; (ii) $32,500 with five business days of the nine month anniversary of Exchange approval of the Agreement; and (iii) $60,000 within five business days of the 24 month anniversary of Exchange approval of the Agreement.
For additional information please refer to Big North's news releases dated October 3, 2016, October 19, 2016 and October 20, 2016.
Insider / Pro Group Participation: Nil.
Name Change
Pursuant to a directors' resolution dated November 8, 2016, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening Thursday, November 24, 2016, the common shares of Cobaltech Mining Inc. will commence trading on TSX Venture Exchange, and the common shares of Big North Graphite Corp. will be delisted. The Company is classified as a 'Mineral Exploration/Development' company.
| Capitalization: |
Unlimited |
shares with no par value of which |
| 47,550,438 |
shares are issued and outstanding |
|
| Escrow: |
Nil |
| Transfer Agent: |
TSX Trust Company |
|
| Trading Symbol: |
CSK |
(new) |
| CUSIP Number: |
19076D100 |
(new) |
_______________________________________
EARTHWORKS INDUSTRIES INC. ("EWK")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: November 23, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
Private Placement:
| # of Warrants: |
1,340,000 |
| Original Expiry Date of Warrants: |
November 26, 2016 |
| New Expiry Date of Warrants: |
June 30, 2017 |
| Exercise Price of Warrants: |
$0.20 |
These warrants were issued pursuant to a private placement of 2,680,000 shares with 1,340,000 share purchase warrants attached, which was accepted for filing by the Exchange effective November 25, 2014.
________________________________________
ENGOLD MINES LTD. ("EGM")
BULLETIN TYPE: Halt
BULLETIN DATE: November 23, 2016
TSX Venture Tier 2 Company
Effective at 4:49 a.m. PST, November 23, 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.
________________________________________
ENGOLD MINES LTD. ("EGM")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 23, 2016
TSX Venture Tier 2 Company
Effective at 8:00 a.m. PST, November 23, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
EXCELSIOR MINING CORP ("MIN")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: November 23, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing a subscription agreement between Excelsior Mining Corp (the "Company") and Greenstone Excelsior Holdings L.P. ("Greenstone") whereby Greenstone has acquired a 1.0% gross overriding royalty ("GRR") on the Company's Gunnison Project and Johnson Camp project, both located in Cochise County, Arizona. In order to acquire the GRR, Greenstone has paid the Company US$4,000,000.
The transaction is non-arm's length.
For further information, please see the Company's news release dated September 29, 2016, October 27, 2016, November 14, 2016 and November 23, 2016.
________________________________________
GOLDEYE EXPLORATIONS LIMITED ("GGY")
BULLETIN TYPE: Halt
BULLETIN DATE: November 23, 2016
TSX Venture Tier 2 Company
Effective at 9:34 a.m. PST, November 23, 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.
________________________________________
LATTICE BIOLOGICS LTD. ("LBL")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 23, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 4,529,878 shares and 1,333,196 share purchase warrants to settle outstanding debt for $889,914.07.
| Number of Creditors: |
4 Creditors |
| Warrant Exercise Price: |
$0.25 for a three year period |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
NORTHERN FREEGOLD RESOURCES LTD. ("NFR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Nov 23, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Nov 21, 2016:
| Number of Shares: |
7,105,000 shares |
| Purchase Price: |
$0.25 per share |
| Warrants: |
7,105,000 share purchase warrants to purchase 7,105,000 shares |
| Warrant Initial Exercise Price: |
$0.35 |
| Warrant Term to Expiry: |
4 Years |
| Number of Placees: |
21 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
| Palisade Global Investment Ltd. |
Y |
2,000,000 |
| Aggregate Pro-Group Involvement |
P |
500,000 |
Finder's Fee:
| Tamas Bakacs |
$28,000.00 cash |
| PI Financial Corp. |
$700.00 cash |
| Haywood Securities Inc. |
$11,900.00 cash |
| Gravitas Securities Inc. |
$10,500.00 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 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.
________________________________________
ORGANTO FOODS INC. ("OGO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Nov 23, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Oct 19, 2016:
| Number of Shares: |
4,060,060 shares |
| Purchase Price: |
$0.30 per share |
| Number of Placees: |
30 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
| Peter Gianulis |
Y |
83,393 |
| Aggregate Pro-Group Involvement [1 Placee] |
P |
70,000 |
| Finder's Fee: |
|
| Diego Polini |
$37,567.44 cash; 125,225 warrants |
| Canaccord Genuity Corp. |
$12,150.00 cash; 20,250 warrants |
| Finder Warrant Initial Exercise Price: |
$0.30 |
| Finder Warrant Term to Expiry: |
Expiry date 18 months after closing |
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.
________________________________________
PLAYFAIR MINING LTD. ("PLY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 23, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 11, 2016:
| Number of Shares: |
5,000,000 shares |
| Purchase Price: |
$0.10 per share |
| Number of Placees: |
13 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / ProGroup=P |
# of Shares |
| Alan Brimacombe |
Y, P |
500,000 |
| Aggregate Pro Group Involvement |
P |
150,000 |
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 November 17, 2016
________________________________________
SUNVEST MINERALS CORP. ("SSS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 23, 2016
TSX Venture Tier 2 Company
Property-Asset or Share Purchase Agreement
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation pertaining to an agreement dated August 22, 2016 (the "Agreement"), between Sunvest Minerals Corp. (the "Company"), 2254022 Ontario Ltd., 2157101 Ontario Inc., Denis Chartre and Roger Dufrense (collectively, the "Vendors"). Pursuant to the Agreement, the Company has acquired the the option to earn a 100% interest in the Roy property, Ontario (the "Property").
Consideration is as follows:
| SHARES |
EXPENDITURES |
EXPLORATION |
||
| Closing |
600,000 |
- |
||
| October 24, 2017 |
900,000 |
$50,000 |
||
| Total |
1,500,000 |
$50,000 |
In addition, the Agreement is subject to a 2% NSR to the Vendors on certain claims of the Property. The Company may buy back 1% of the NSR at any time for $1,000,000
A finder's fee of $27,000 is payable to Robert Weicker.
Insider / Pro Group Participation: N/A
For additional information please refer to the Company's news releases dated August 24, 2016 and October 24, 2016.
_______________________________________
SUNVEST MINERALS CORP. ("SSS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 23, 2016
TSX Venture Tier 2 Company
Property-Asset or Share Purchase Agreement
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation pertaining to an agreement dated October 24, 2016 (the "Agreement"), between Sunvest Minerals Corp. (the "Company") and Pavey Ark Minerals Inc. ("Pavey"). Pursuant to the Agreement, the Company has acquired the the option to earn a 100% interest in the McKinnon Hawkins property, Ontario (the "Property").
Consideration is as follows:
| CASH |
SHARES |
EXPLORATION |
|
| Closing |
$75,000 |
533,333 |
- |
| November 21, 2017 |
$150,000 |
800,000 |
$500,000 |
| November 21, 2018 |
$200,000 |
1,066,666 |
$500,000 |
| November 21, 2019 |
$250,000 |
1,333,333 |
$500,000 |
| November 21, 2020 |
$300,000 |
1,600,000 |
|
| Total |
$975,000 |
5,333,332 |
$2,000,000 |
The Agreement is subject to NSR's ranging from 0.5% to 2% on certain claims of the Property.
A finder's fee of $132,500 is payable to Robert Weicker. The fee is payable in instalments over a four year period.
Insider / Pro Group Participation: N/A
For additional information please refer to the Company's news releases dated September 7, 2016 and November 21, 2016.
_______________________________________
TOMAGOLD CORPORATION ("LOT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 23, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to an agreement dated September 20, 2016, in connection with the acquisition of 24.5 % interest owned by Skyharbour Resources Ltd. (TSX-V: SYH) in the Baird Gold Joint Venture with Goldcorp Inc. (TSX: G) and New Gold Inc., located in Red Lake Mining Division, Ontario. The consideration payable by the Company consists of the issuance of 600,000 common shares of the Company.
In connection with the acquisition a finder received 60,000 shares of the Company.
For further information, please refer to the Company's press releases dated September 29, 2016 and October 26, 2016.
CORPORATION TOMAGOLD (« LOT »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 23 novembre 2016
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents relativement à une convention d'acquisition datée du 20 septembre 2016, concernant l'acquisition par la société d'un intérêt de 24,5 % détenue par Skyharbour Resources Ltd. (TSX-V: SYH) dans Baird Gold coentreprise avec Goldcorp Inc. (TSX: G) et New Gold Inc., située dans la région minière de Red Lake, Ontario. La considération payable par la société consiste en l'émission de 600 000 actions ordinaires de la société.
En lien avec l'acquisition un intermédiaire a reçu 60 000 actions de la société.
Pour plus d'information, veuillez vous référer aux communiqués de presse émis par la société le 29 septembre 2016 et 26 octobre 2016.
________________________________
VICTORY VENTURES INC. ("VVN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Nov 23, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Nov 01, 2016:
| Number of Shares: |
2,625,000 shares |
|
| Purchase Price: |
$0.02 per share |
|
| Warrants: |
2,625,000 share purchase warrants to purchase 2,625,000 shares |
|
| Warrant Initial Exercise Price: |
$0.05 |
|
| Warrant Term to Expiry: |
2 Years |
|
| Number of Placees: |
5 Placees |
|
| Finder's Fee: |
||
| PI FINANCIAL CORP. |
$1,500.00 cash; 30,000 warrants |
|
| T-BONE VENTURES INC. |
$3,000.00 cash |
| Finder Warrant Initial Exercise Price: |
$0.05 |
| Finder Warrant Term to Expiry: |
Two 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.
________________________________________
X-TERRA RESOURCES INC. ("XTT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 23, 2016
TSX Venture Tier 2 Company
Effective at 12:30 p.m. PST, November 22, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
NEX COMPANIES
ALDERSHOT RESOURCES LTD. ("ALZ")
[formerly Aldershot Resources Ltd. ("ALZ.H")]
BULLETIN TYPE: Graduation from NEX to TSX Venture, Symbol Change, Property-Asset or Share Purchase Agreement, Private Placement – Non-Brokered
BULLETIN DATE: November 23, 2016
NEX Company
Aldershot Resources Ltd. (the "Company") has met the requirements to be listed as a TSX Venture Tier 2 Company. Therefore, effective at the opening, Thursday, November 24, 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 Vancouver.
Effective at the opening, Thursday, November 24, 2016, the trading symbol for the Company will change from ALZ.H to ALZ.
| Capitalization: |
Unlimited |
shares with no par value of which |
| 44,948,587 |
shares are issued and outstanding |
|
| Escrow: |
Nil |
Acquisition of up to a 75% interest in the Haultain Gold discovery project:
Pursuant to an Option and Joint Venture Agreement (the "Agreement") between the Company and Transition Metals Corp. ("Transition") Aldershot has been granted an option (the "Option") to earn an initial 51% interest and up to a 75% interest in Transition's Haultain Gold discovery project (the "Property") located 75km southwest of Kirkland Lake. To earn a 51% interest in the Property, the Company has committed to funding $400,000 worth of exploration on the Property in year one and must incur cumulative work expenditures totaling $2,000,000 by the third anniversary of the Agreement. In addition, the Company must issue 1,500,000 common shares to Transition on approval of the Agreement by the Exchange, $200,000 worth of shares on the first anniversary date of the effective date of the Agreement and issue an additional $250,000 worth of Company shares to Transition by the second anniversary date of the Agreement both at a price reflecting the 20 day volume weighted average trading price (VWAP) at the time of issue, subject to regulatory approvals, to earn its initial 51% interest. During the course of the initial stage of the Option, Transition has agreed to serve as program operator, dedicating its team and expertise to overseeing approved programs of work on behalf of the Company. Upon earning an initial 51% interest, the Company may opt to acquire an additional 24% interest in the Property (yielding a total of 75%) by committing to completing a feasibility study. Upon the Company earning its 51% or 75% interest in the Property, as the case may be, a Joint Venture would be formed, with each party obliged to fund work programs on the property to maintain its respective interest.
For further information see the Company's news releases dated April 25, 2016 and November 8, 2016 which is available under the Company's profile on SEDAR.
Private Placement –Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 25, 2016 and July 5, 2016:
| Number of Shares: |
12,000,000 shares |
| Purchase Price: |
$0.05 per share |
| Warrants: |
12,000,000 share purchase warrants to purchase 12,000,000 shares |
| Warrant Exercise Price: |
$0.06 for a five year period |
| Number of Placees: |
Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / ProGroup=P |
# of Shares |
| IOMA Pty. (Phil Crab) |
Y |
4,600,000 |
| Finder's Fee: |
Leede Jones Gable will receive a finder's fee of $10,000.00. |
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).
_______________________________________
ALBA MINERALS LTD. ("AA.H")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 23, 2016
NEX Company
Effective at 6:30 a.m. PST, November 23, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
SUPERIOR MINING INTERNATIONAL CORPORATION ("SUI.H")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 23, 2016
NEX Company
Effective at 6:30 a.m. PST, November 23, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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