VANCOUVER, Dec. 19, 2016 /CNW/ -
TSX VENTURES COMPANIES
CLAIM POST RESOURCES INC. ("CPS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to an acquisition agreement (the "Agreement") dated October 18, 2016 between an arm's length party (the "Vendor") and Claim Post Resources Inc. (the "Company). Pursuant to the Agreement, the Company shall acquire 23 claim units located in Deloro Townships, Ontario.
As consideration, the Company shall pay the Vendor $5,000 and issue 400,000 common shares.
________________________________________
Colibri Resource Corporation ("CBI")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: December 19, 2016
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated December 16, 2016, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Fundamental Acquisition pursuant to Listings Policy 5.6(d) of Exchange Policy 5.3.
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.
________________________________________
CRYSTAL EXPLORATION INC. ("CEI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 2, 2016:
| Number of Shares: |
670,000 non flow-through shares |
|
| 1,782,000 flow-through shares |
||
| Purchase Price: |
$0.11 per non flow-through share |
|
| $0.135 per flow-through share |
||
| Warrants: |
1,226,000 share purchase warrants to purchase 1,226,000 shares |
|
| Warrant Exercise Price: |
$0.15 for a 12-months period |
|
| Number of Placees: |
8 Placees |
|
| Insider / Pro Group Participation: |
||
| Name |
Insider=Y / |
# of Shares |
| Aggregate Pro Group Involvement |
P |
300,000 FT |
| [2 Placees] |
||
| Finder's Fee: |
$7,002.45 cash and 51,870 warrants payable to Accilent Capital Management Inc. |
|
| $7,002.45 cash and 51,870 warrants payable to Scott Koyich |
||
| $1,890.00 cash and 14,000 warrants payable to Haywood Securities Inc. |
||
| Finder's fee warrants are exercisable at $0.15 per share for 12 months |
||
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. 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.
________________________________________
CYPRIUM MINING CORPORATION ("CUG")("CUG.DB")
BULLETIN TYPE: Halt
BULLETIN DATE: December 19, 2016
TSX Venture Tier 2 Company
Effective at 11:50 a.m. PST, December 19, 2016, trading in the shares of the Company was halted pending company contract. 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.
________________________________________
ESTEC SYSTEMS CORP ("ESE")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement, Delist
BULLETIN DATE: December 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an amalgamation agreement (the "Amalgamation Agreement") dated November 7, 2016 between ESTec Systems Corp. (the "Company") and 2000067 Alberta Ltd ("Holdco") and 2000285 Alberta Ltd (the "Acquisitionco"), whereby Acquisitionco has acquired by way of a plan of arrangement (the "Arrangement") under the Business Corporations Act (Alberta) all of the issued and outstanding shares of the Company.
Pursuant to the Arrangement Agreement, each Company shareholder will be entitled to receive $0.12 for each one share of the Company.
Company shareholder approval was obtained December 9, 2016. The Arrangement was completed on December 16, 2016.
Delist:
Effective at the close of business, Monday, December 19, 2016, the common shares of the Company will be delisted from TSX Venture Exchange at the request of the Company.
________________________________________
ESTEC SYSTEMS CORP. ("ESE")
BULLETIN TYPE: Halt
BULLETIN DATE: December 19, 2016
TSX Venture Tier 2 Company
Effective at 4:49 a.m. PST, December 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.
________________________________________
ESTRELLA INTERNATIONAL ENERGY SERVICES LTD. ("EEN")
BULLETIN TYPE: Consolidation, Halt, Delist
BULLETIN DATE: December 19, 2016
TSX Venture Tier 1 Company
Consolidation
Pursuant to a special resolution passed by shareholders November 30, 2016, the Company has consolidated its capital on a one million, four hundred thousand (1,400,000) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening December 30, 2016, the common shares of the Company will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Oil and Gas Services' company.
| Post - Consolidation |
|
| Capitalization: |
Unlimited shares with no par value of which |
| 9 shares are issued and outstanding |
|
| Escrow |
Nil shares are subject to escrow |
| Transfer Agent: |
Computershare Trust Company of Canada |
| Trading Symbol: |
EEN (UNCHANGED) |
| CUSIP Number: |
29758W409 (new) |
Halt
Effective at the opening December 30, 2016, trading in the shares of the Company will be halted at the request of the Company.
Delist
Further to the a special resolution passed by shareholders November 30, 2016 and in connection with the share consolidation above, effective at the close of business Friday, December 30, 2016 the common shares of Company will be delisted from TSX Venture Exchange at the request of the Company.
________________________________________
FERONIA INC. ("FRN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 19, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 12, 2016:
| Number of Shares: |
14,951,454 shares |
|
| Purchase Price: |
CDN$0.22 per share |
|
| Number of Placees: |
2 Placees |
|
| Insider / Pro Group Participation: |
||
| Name |
Insider=Y / |
# of Shares |
| CDC Group plc |
Y |
10,770,545 |
| Golden Oil Holdings Limited |
Y |
4,180,909 |
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.
________________________________________
FIRST ENERGY METALS LIMITED ("FE")
[formerly Agave Silver Corp. ("AGV")]
BULLETIN TYPE: Name Change
BULLETIN DATE: December 19, 2016
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders on December 16, 2016, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening Tuesday, December 20, 2016, the common shares of First Energy Metals Limited will commence trading on TSX Venture Exchange, and the common shares of Agave Silver Corp. will be delisted. The Company is classified as a 'Precious Metals Exploration and Development' company.
| Capitalization: |
unlimited shares with no par value of which |
| 38,471,559 shares are issued and outstanding |
|
| Escrow: |
nil shares subject to escrow |
| Transfer Agent: |
Computershare Investor Services Inc. |
| Trading Symbol: |
FE (new) |
| CUSIP Number: |
32016U108 (new) |
________________________________________
GLOBAL GARDENS GROUP INC ("VGM")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: December 19, 2016
TSX Venture Tier 1 Company
Effective at the opening Tuesday, January 3, 2017, the common shares of the Global Gardens Group Inc. (the "Company") will commence trading on TSX Venture Exchange. The Company is classified as a 'Consumer Products – breweries and beverage' company.
The Company is presently trading on the Canadian Stock Exchange.
| Corporate Jurisdiction: |
British Columbia |
| Capitalization: |
Unlimited common shares with no par value of which |
| 133,139,005 common shares are issued and outstanding |
|
| Escrowed Shares: |
15,529,847 common shares |
| Transfer Agent: |
TMX Equity Transfer Services |
| Trading Symbol: |
VGM |
| CUSIP Number: |
37890T 10 2 |
For further information, please refer to the Company's news release dated December 19, 2016 which is filed under the Company's profile on SEDAR.
| Company Contact: |
Rob Harrison |
| Company Address: |
Suite 130-10691 Shellbridge Way, Richmond, British Columbia, V6X 2W8 |
| Company Phone Number: |
604-351-7609 |
| Company Fax Number: |
604-270-3644 |
| Company Email Address: |
________________________________________
MAXIM RESOURCES INC. ("MXM")
BULLETIN TYPE: Halt
BULLETIN DATE: December 19, 2016
TSX Venture Tier 2 Company
Effective at 11:52 a.m. PST, December 16, 2016, trading in the shares of the Company was halted for failure to maintain exchange requirements. 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.
________________________________________
NICOLA MINING INC. ("NIM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 2, 2016:
| Number of Shares: |
3,500,000 shares |
|
| Purchase Price: |
$0.20 per share |
|
| Warrants: |
1,750,000 share purchase warrants to purchase 1,750,000 shares |
|
| Warrant Exercise Price: |
$0.35 for a three year period |
|
| Number of Placees: |
6 Placees |
|
| Insider / Pro Group Participation: |
||
| Name |
Insider=Y / |
# of Shares |
| Peter Espig |
Y |
375,000 |
| Finder's Fee: |
Redplug Capital Corp. $20,000 cash and 100,000 broker warrants payable. |
|
| 2242257 Ontario Inc. $15,000 cash and 75,000 broker warrants payable. |
||
| Pollitt & Co. Inc. $10,500 cash and 52,500 broker warrants payable. |
||
| -Each broker warrant is exercisable into one common share at $0.35 for three years from closing. |
||
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. [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.]
________________________________________
NORTHERN VERTEX MINING CORP. ("NEE")
BULLETIN TYPE: Correction, Private Placement-Non-Brokered
BULLETIN DATE: December 19, 2016
TSX Venture Tier 2 Company
CORRECTION:
Further to the TSX Venture Exchange Bulletin dated December 13, 2016, the Bulletin should have included the following:
Finder's Fee: Haywood Securities Inc. $3,000 cash payable.
________________________________________
ORGANIGRAM HOLDINGS INC. ("OGI")
BULLETIN TYPE: Prospectus-Share Offering
BULLETIN DATE: December 19, 2016May 11, 2001
TSX Venture Tier Company
The Company's Prospectus dated November 29, 2016 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Financial and Consumer Services Commission (New Brunswick), and receipted by Ontario, British Columbia, Alberta, Saskatchewan, Manitoba, Nova Scotia, Prince Edward Island and Newfoundland and Labrador Securities Commission, pursuant to the provisions of the New Brunswick, Ontario, British Columbia, Alberta, Saskatchewan, Manitoba, Nova Scotia, Prince Edward Island and Newfoundland and Labrador Securities Acts.
TSX Venture Exchange has been advised that closing occurred on Dec 7, 2016, for gross proceeds of $40,253,450, including full exercise of the overallotment.
| Underwriters: |
Dundee Securities Ltd., GMP Securities L.P., Mackie Research Capital Corporation, PI Financial Corp. and Cormark Securities Inc. (the "Underwriters"). |
| Offering: |
11,339,000 common shares. |
| Share Price: |
$3.55 per share |
________________________________________
PACIFIC SAFETY PRODUCTS INC. ("PSP")
BULLETIN TYPE: Halt
BULLETIN DATE: December 19, 2016
TSX Venture Tier 1 Company
Effective at 7:37 a.m. PST, December 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.
________________________________________
PATRIOT ONE TECHNOLOGIES INC. ("PAT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 19, 2016
TSX Venture Tier 2 Company
Effective at 7:30 a.m. PST, December 19, 2016, shares of the Company resumed trading, an announcement having been made.
________________________________________
RED MOON RESOURCES INC. ("RMK")
[formerly RED MOON POTASH INC. ("RMK")]
BULLETIN TYPE: Name Change
BULLETIN DATE: December 19, 2016
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders November 4, 2016, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening Tuesday, December 20, 2016, the common shares of Red Moon Resources Inc. will commence trading on TSX Venture Exchange and the common shares of Red Moon Potash Inc. will be delisted. The Company is classified as a 'Mining' company.
| Capitalization: |
shares with no par value of which |
| 48,050,004 shares are issued and outstanding |
|
| Escrow: |
Nil Escrowed Shares |
| Transfer Agent: |
Comptuershare Trust Company of Canada |
| Trading Symbol: |
RMK (Unchanged) |
| CUSIP Number: |
75678X100 (new) |
________________________________________
ROCK TECH LITHIUM INC. ("RCK")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: December 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 15,000 shares at a deemed price of $0.90, in consideration of certain services provided to the company pursuant to an agreement dated July 8, 2016.
The Company shall issue a news release when the shares are issued.
________________________________________
SOUTHERN LITHIUM CORP. ("SNL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 1, 2016 and December 9, 2016:
| Number of Shares: |
3,322,000 shares |
|
| Purchase Price: |
$0.25 per share |
|
| Warrants: |
3,322,000 share purchase warrants to purchase 3,322,000 shares |
|
| Warrant Exercise Price: |
$0.35 for eighteen months |
|
| Number of Placees: |
15 Placees |
|
| Insider / Pro Group Participation: |
||
| Name |
Insider=Y / |
# of Shares |
| Brent Hahn |
Y |
100,000 |
| Aggregate Pro Group Involvement |
||
| [ 1 Placee] |
100,000 |
|
| Finder's Fee: |
$12,000 plus 48,000 finder's warrants is payable to Leede Jones Gable Inc. |
|
| $4,000 plus 16,000 finder's warrants is payable to Mackie Research Capital Corporation |
||
________________________________________
STELLAR AFRICAGOLD INC. ("SPX")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture
BULLETIN DATE: December 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement:
| Convertible Debentures: |
$150,000 |
|
| Conversion Price: |
Principal is convertible into 3,000,000 common shares and 1,500,000 warrants at a conversion price of $0.05 per Conversion Unit during the first 12 months following closing; Principal is convertible into 1,500,000 common shares and 750,000 warrants at a conversion price of $0.10 per Conversion Unit between the 13th and 36th months following closing. |
|
| Maturity Date: |
36 months following the closing of the Private Placement |
|
| Warrants: |
1,500,000 warrants to purchase 1,500,000 common shares during the first 12 months following closing, with exercise price of $0.10 per share for 24 months; 750,000 warrants to purchase 750,000 between the 13th and 36th months following closing, with exercise price of $0.15 per share for 24 months. |
|
| Interest Rate: |
10% |
|
| Number of Placees: |
4 Placees |
|
| Insider / Pro Group Participation: |
||
| Name |
Insider=Y/ |
Convertible debentures |
| Corporation Financière SKTM Ltée. |
Y |
$10,000 |
| (Martin Nicoletti) |
||
| The Company has announced the completion of the Private Placement in the press release of September 22, 2016. |
||
STELLAR ORAFRIQUE INC. (« SPX »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier, débenture convertible
DATE DU BULLETIN : Le 19 décembre 2016
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier :
| Débentures convertibles : |
150 000 $ |
| Prix de conversion : |
Le capital est convertible en 3 000 000 actions ordinaires et 1 500 000 bons de souscription au prix de conversion de 0,05 $ par Unité de Conversion durant les 12 mois suivant la clôture; Le capital est convertible en 1 500 000 actions ordinaires et 750 000 bons de souscription au prix de conversion de 0,10 $ par Unité de Conversion entre le 13ème et 36ème mois suivant la clôture. |
| Date d'échéance : |
36 mois après la clôture du placement privé |
| Bons de souscription : |
1 500 000 bons de souscription permettant de souscrire à 1 500 000 actions ordinaires, au prix d'exercice de 0,10 $ l'action pour 24 mois; 750 000 bons de souscription permettant de souscrire à 750 000 actions ordinaires, au prix d'exercice de 0,15 $ l'action pour 24 mois. |
| Taux d'intérêt : |
10% |
| Nombre de souscripteurs : |
4 souscripteurs |
| Participation Initié / Groupe Pro : |
|
| Nom |
Initié = Y / Groupe Pro = P |
Débentures convertibles |
| Corporation Financière SKTM Ltée. |
Y |
10 000 $ |
La société a annoncé avoir complété le placement privé dans le communiqué de presse du 22 septembre 2016.
_____________________________
TELEHOP COMMUNICATIONS INC. ("HOP")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 19, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 15,000,000 common shares to settle outstanding debt for $750,000.
| Number of Creditors: |
31 Creditors |
|||
| Insider / Pro Group Participation: |
||||
| Creditor |
Insider=Y / Progroup=P |
Amount Owing |
Deemed Price per Share |
# of Shares |
| Robert Stikeman |
Y |
$12,500 |
$0.05 |
250,000 |
For further details, please refer to the Company's news release dated December 16, 2016.
________________________________________
THE WESTERN INVESTMENT COMPANY OF CANADA LIMITED ("WI")
[formerly THE WESTERN INVESTMENT COMPANY OF CANADA LIMITED ("WI.P")]
BULLETIN TYPE: Resume Trading, Qualifying Transaction-Completed/New Symbol, Shares for Services, Company Tier Reclassification
BULLETIN DATE: December 19, 2016
TSX Venture Tier 2 Company
1. Resume Trading
Effective at the opening on Tuesday, December 20, 2016, trading in the Western Investment Company of Canada Limited (the "Company") shares will resume.
2. Qualifying Transaction
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Filing Statement dated December 9, 2016. As a result, at the opening on December 20, 2016, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following:
The Qualifying Transaction consists of the arm's length acquisition of a 50.1% interest in an automotive glass service business providing repair and replacement of windshields, side windows, side mirrors, rear windows, and sun roofs, and the importation and wholesale of glass parts and related automotive glass repair and replacement materials from Sweet Pea Enterprises Inc. ("Sweet Pea"), which is owned by Miles and Karyn Palmer, for consideration of $4,010,000 in cash paid by the Company pursuant to the Asset Purchase Agreement dated November 30, 2016.
For further information on the Qualifying Transaction, please refer to the Company's Filing Statement available on SEDAR.
The Exchange has been advised that the above transaction has been completed.
In addition, the Exchange has accepted for filing the following:
3. Shares for Services
TSX Venture Exchange has accepted for filing the Company's proposal to issue an aggregate of 443,006 shares at a deemed price of $0.50 in consideration of certain consulting services provided by four individuals to the company.
Insider / Pro Group Participation: None
4. Company Tier Reclassification
In accordance with Policy 2.5, the Company has met the requirements for a Tier 1 company. Therefore, effective Tuesday, December 20, 2016, the Company's Tier classification will change from Tier 2 to:
Classification
| Tier 1 |
|
| Capitalization: |
Unlimited shares with no par value of which |
| 11,443,006 shares are issued and outstanding |
|
| Escrow: |
2,139,000 shares, 2,090,000 of which are subject to a CPC Escrow Agreement and 49,000 of which are subject to a Tier 1 Value Security Escrow Agreement |
| Symbol: |
WI same symbol as CPC but with .P removed |
| The Company is classified as a "Industrial" company. |
|
| Company Contact: |
Scott Tannas, President and Chief Executive Officer |
| Company Address: |
1010 – 24th Street S.E., High River, Alberta T1V 2A7 |
| Company Phone Number: |
403-652-2663 |
| Company Email Address: |
________________________________
VENERABLE VENTURES LTD. ("VLV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 19, 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 and November 24, 2016:
| Number of Shares: |
2,500,000 shares |
|
| Purchase Price: |
$0.11 per share |
|
| Warrants: |
2,500,000 share purchase warrants to purchase 2,500,000 shares |
|
| Warrant Exercise Price: |
$0.15 for a two year period |
|
| Number of Placees: |
11 Placees |
|
| Insider / Pro Group Participation: |
||
| Name |
Insider=Y / |
# of Shares |
| Wodan Investments Ltd. (Ryan Sharp) |
Y |
100,000 |
| Lisa Sharp |
Y |
100,000 |
| Glen Dickson |
Y |
100,000 |
| Finder's Fee: |
$1,760 plus 16,000 warrants payable to Leede Jones Gable Inc. |
|
| 160,000 shares and 160,000 warrants payable to Dumont Capital Corp. |
||
________________________________________
VISCOUNT MINING CORP. ("VML")
BULLETIN TYPE: Halt
BULLETIN DATE: December 19, 2016
TSX Venture Tier 2 Company
Effective at 5:43 a.m. PST, December 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.
________________________________________
NEX COMPANIES
CENTURY ENERGY LTD. ("CEY.H")
BULLETIN TYPE: Halt
BULLETIN DATE: December 19, 2016
NEX Company
Effective at 10:44 a.m. PST, December 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.
________________________________________
LIBERTY ONE LITHIUM CORP. ("LBY.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 19, 2016
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 1, 2016 and November 21, 2016:
| Number of Shares: |
4,460,000 shares |
|
| Purchase Price: |
$0.25 per share |
|
| Warrants: |
4,460,000 share purchase warrants to purchase 4,460,000 shares |
|
| Warrant Exercise Price: |
$0.40 for a one year period |
|
| Number of Placees: |
80 Placees |
|
| Insider / Pro Group Participation: |
||
| Name |
Insider=Y / |
# of Shares |
| Aggregate Pro Group Involvement |
P |
300,000 |
| [4 Placees] |
||
| Finder's Fee: |
Mackie Research Capital Corporation receives $80,614 and 322,456 non-transferable share purchase warrants, each exercisable for one share at a price of $0.40 per share for a one year period. |
|
| Morris Capital Inc. (Robert Harris) receives $786 |
||
| Echelon Wealth Partners Inc. receives $2,000 and 8,000 non-transferable share purchase warrants, each exercisable for one share at a price of $0.40 per share for a one year period. |
||
| Fortuna Investment Corp. (Justin Parmar) receives $4,000 and 16,000 non-transferable share purchase warrants, each exercisable for one share at a price of $0.40 per share for a one year period. |
||
| PI Financial Corp. receives $1,800 and 7,200 non-transferable share purchase warrants, each exercisable for one share at a price of $0.40 per share for a one year period. |
||
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 periods on November 23, 2016 and December 15, 2016.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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