VANCOUVER, Nov. 28, 2016 /CNW/ - TSX VENTURES COMPANIES
ARAK RESOURCES LTD. ("AAC")
BULLETIN TYPE: Consolidation
BULLETIN DATE: November 28, 2016
TSX Venture Tier 2 Company
Pursuant to a directors' resolution dated September 30, 2016, the Company has consolidated its capital on a 10 old for 1 new basis. The name of the Company has not been changed.
Effective at the opening November 29, 2016, the common shares of Arak Resources Ltd. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mining' company.
Post - Consolidation
| Capitalization: |
Unlimited |
shares with no par value of which |
| 1,220,127 |
shares are issued and outstanding |
|
| Escrow |
Nil |
shares are subject to escrow |
| Transfer Agent: |
TSX Trust Company |
|
| Trading Symbol: |
AAC |
(UNCHANGED) |
| CUSIP Number: |
03851L206 |
(new) |
________________________________________
BRAZIL RESOURCES I NC. ("BRI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 28, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 28, 2016, October 31, 2016, November 8, 2016, November 14, 2016 and November 15, 2016:
| Number of Shares: |
4,957,258 shares |
| Purchase Price: |
$2.50 per share |
| Warrants: |
2,478,629 share purchase warrants to purchase 2,478,629 shares |
| Warrant Exercise Price: |
$3.50 for a three year period |
| Number of Placees: |
214 Placees |
| Finder's Fee: |
Haywood Securities Inc. will receive a finder's fee of $30,000.00. |
| Sprott Global Resource Investments ltd. will receive a finder's fee of $39,555.00 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued news releases 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.
________________________________________
GREEN VALLEY MINE INCORPORATED ("GVY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 28, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 12, 2016. The Exchange has granted a waiver to the minimum pricing rules to allow the Company to complete a sub-$0.05 financing on a pre-consolidation basis.
| Number of Shares: |
11,500,000 shares |
| Purchase Price: |
$0.01125 per share |
| Warrants: |
11,500,000 share purchase warrants to purchase 11,500,000 shares |
| Warrant Exercise Price: |
$0.07 for an eighteen month period |
| Number of Placees: |
5 Placees |
The Company issued a news release on November 23, 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.
________________________________________
HEATHERDALE RESOURCES LTD. ("HTR")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture
BULLETIN DATE: November 28, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 26, 2016:
| Convertible Debenture |
US$50,000 |
| Conversion Price: |
Convertible into shares at CDN$0.05 of principal outstanding in year one, at CDN$0.10 in year two. |
| Maturity date: |
24 months from closing |
| Interest rate: |
12% per annum |
| Number of Placees: |
1 Placee |
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.
________________________________________
HUNT MINING CORP. ("HMX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 28, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 3, 2016:
| Number of Shares: |
1,313,500 shares |
| Purchase Price: |
$0.25 per share |
| Warrants: |
1,313,500 share purchase warrants to purchase 1,313,500 shares |
| Warrant Exercise Price: |
$0.40 for a two year period, subject to accelerated expiry |
| Number of Placees: |
7 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
| Kim Leon Hardy |
Y |
135,000 |
| Robert Francis Little |
Y |
200,000 |
| James N. Meek |
Y |
25,000 |
The Company issued a news release on November 25, 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.
________________________________________
ICO THERAPEUTICS INC ("ICO")
BULLETIN TYPE: Halt
BULLETIN DATE: November 28, 2016
TSX Venture Tier 2 Company
Effective at 6:28 a.m. PST, November 28, 2016, trading in the shares of the Company was halted, pending company contact. 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.
________________________________________
ICO THERAPEUTICS INC ("ICO")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 28, 2016
TSX Venture Tier 2 Company
Effective at 9:45 a.m. PST, November 28, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
JERICHO OIL CORPORATION ("JCO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 28, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 24, 2016:
| Number of Shares: |
9,811,014 shares |
| Purchase Price: |
$0.40 per share |
| Warrants: |
4,905,507 share purchase warrants to purchase 4,905,507 shares |
| Warrant Exercise Price: |
$0.60 for a three year period |
| Number of Placees: |
16 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
| Allen Wilson |
Y |
100,000 |
| Nicholas Baxter |
Y |
250,000 |
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.
________________________________________
LAKEVIEW HOTEL INVESTMENT CORP. ("LHR.DB.C") ("LHR.DB.D")
BULLETIN TYPE: Halt
BULLETIN DATE: November 28, 2016
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, November 28, 2016, trading in the shares of the Company was halted, 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.
________________________________________
NEW DESTINY MINING CORP. ("NED")
BULLETIN TYPE: Halt
BULLETIN DATE: November 28, 2016
TSX Venture Tier 2 Company
Effective at 6:02 a.m. PST, November 28, 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.
________________________________________
NORTHERN VERTEX MINING CORP. ("NEE")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 28, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 363,626 shares to settle outstanding debt for $138,178.13.
| Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
PLATINEX INC. ("PTX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 28, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Purchase Agreement (the "Agreement"), dated November 3, 2016, between Platinex Inc. (the "Company") and an arm's length party (the "Vendor"), whereby the Company has agreed to acquire a 100% interest in certain mineral claims (the "Shining Tree Gold Property"), located in Churchill, MacMurchy and Fawcett Townships, Ontario.
As consideration for the full interest, the Company will issue an aggregate of 398,000 common shares to the Vendor.
For further details, please refer to the Company's news release dated November 3, 2016.
________________________________________
ROCKCLIFF COPPER CORPORATION ("RCU")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 28, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an Property Vending Agreement (the "Agreement"), dated October 24, 2016, between Rockcliff Copper Corporation (the "Company") and Copper Reef Mining Corporation (the "Vendor"), whereby the Company has the right to acquire a 100% interest in certain mineral claims (the "Morgan Property"), located in the Snow Lake District of Manitoba.
As consideration for the full interest, the Company will make aggregate cash payments of $150,000 over a six month period and issue 1,600,000 common shares to the Vendor over a one period from closing.
For further details, please refer to the Company's news release dated November 22, 2016.
________________________________________
SENNEN POTASH CORPORATION ("SN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 28, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 27, 2016:
| Number of Shares: |
5,000,000 shares |
| Purchase Price: |
$0.10 per share |
| Warrants: |
5,000,000 share purchase warrants to purchase 5,000,000 shares |
| Warrant Exercise Price: |
$0.15 for a five year period |
| Number of Placees: |
1 Placee |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
| Buccaneer Management Inc. |
||
| (Ian Rozier) |
Y |
5,000,000 |
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 October 27, 2016.
________________________________________
TUDOR GOLD CORP. ("TUD")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: November 28, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to an amending agreement dated November 17, 2016 between the Company and John Bot whereby the terms of an option agreement dated November 20, 2015 have been amended to provide for the issuance of 70,000 common shares of the Company to John Bot in lieu of the $50,000 cash payment that was due on or before November 20, 2016.
________________________________________
NEX COMPANIES
ICC INTERNATIONAL CANNABIS CORPORATION ("ICC")
[formerly Shogun Capital Corp. ("SHO.H")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Private Placement-Brokered, Name Change, Graduation from NEX to TSX Venture and Resume Trading
BULLETIN DATE: November 28, 2016
NEX Company
Qualifying Transaction-Completed
TSX Venture Exchange (the "Exchange") has accepted for filing Shogun Capital Corp.'s (the "Company") Qualifying Transaction described in its Filing Statement dated November 21, 2016. As a result, at the opening on Tuesday, November 29, 2016, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following:
The Company acquired all the issued and outstanding shares of International Cannabis Corp. ("ICC") by way of a "three-cornered merger" pursuant to the provisions of the BVI Business Companies Act, 2004 (the "Transaction"), and issued 106,000,000 Common Shares to the securityholders of ICC, including those issued pursuant to the financing described below. Prior to the closing of Transaction, the Company changed its name to "ICC International Cannabis Corporation". Under the Transaction, all securityholders of ICC exchanged their Common Shares of ICC for 1 Common Share in the capital of the Company for every 1.25 ICC Common Shares held by them.
As a result of the Transaction, a total of 40,000,000 resulting issuer common shares are escrowed pursuant to an Exchange Tier 2 Value escrow and 1,400,010 resulting issuer common shares are subject to the CPC escrow agreement. An additional 40,000,000 resulting issuer common shares are subject to Exchange Seed Share Resale Restrictions.
The resulting issuer is classified as an "All other miscellaneous crop farming" issuer (NAICS Number: 111999).
For further information, please refer to the Company's Filing Statement dated November 21, 2016 available on SEDAR.
Resume Trading:
Further to TSX Venture Exchange's Bulletin dated August 9, 2016, trading in the securities of the Resulting Issuer will resume at the opening on Tuesday, November 29, 2016.
Effective at the opening on Tuesday, November 29, 2016, the trading symbol for the Company will change from "SHO.H" to "ICC".
Private Placement – Brokered
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced on August 9, 2016 and August 22, 2016. The financing included subscription receipts of ICC at $0.40 per subscription receipt. Each subscription receipt was exchanged for common shares of the resulting issuer on a 1 for 1.25 basis.
| Number of Shares: |
26,000,000 resulting issuer shares |
| Purchase Price: |
$0.50 per resulting issuer share |
| Number of Placees: |
125 Placees |
There was no insider or pro group participation in the brokered financing.
In connection with the Brokered Private Placement, GMP Securities L.P., as lead agent and Mackie Research Capital Corporation received a cash commission of $910,000 and broker warrants to purchase 1,820,000 Common Shares exercisable at a price of $0.50 per Common Share for a period of 24 months from the date that the Common Shares are listed on the TSXV.
The Company has confirmed the closing of the Private Placement via a press release dated September 8, 2016.
Name Change
At the annual meeting of shareholders on September 30, 2016 shareholders approved a special resolution approving the Company's name change. Pursuant to the Qualifying Transaction, the name of the Company has been changed from Shogun Capital Corp. to ICC International Cannabis Corporation.
Effective at the opening on Tuesday, November 29, 2016, the shares of ICC International Cannabis Corporation will commence trading on the Exchange and the Shares of Shogun Capital Corp. will be delisted.
Graduation from NEX to TSX Venture
In conjunction with the above, the Company has met the requirements to be listed as a TSX Venture Tier 2 Company. Therefore, effective on Tuesday, November 29, 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.
| Capitalization: |
Unlimited |
number of common shares with no par value of which |
| 112,200,010 |
shares are issued and outstanding |
|
| Escrow: |
81,400,010 |
common shares |
| Transfer Agent: |
TSX Trust Company(Toronto office) |
|
| Trading Symbol: |
ICC (new) |
|
| CUSIP Number: |
451068100 (new) |
|
| Issuer Contact: |
Guillermo Delmonte, Chief Executive Officer |
|
| Issuer Address: |
Suite 700 – 595 Burrard Street, P.O. Box 49290, |
|
| Vancouver, BC V7X 1S8 |
||
| Issuer Phone Number: |
59829000000 |
|
| Issuer email: |
________________________________________
WOODROSE VENTURES CORPORATION ("WRS.H")
BULLETIN TYPE: Halt
BULLETIN DATE: November 28, 2016
NEX Company
Effective at 9:54 a.m. PST, November 28, 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.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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