VANCOUVER, Jan. 12, 2017 /CNW/ -
TSX VENTURES COMPANIES
ADVENT WIRELESS INC. ("AWI")
BULLETIN TYPE: Change of Business
BULLETIN DATE: January 12, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing Advent Wireless Inc.'s ("Advent") Change of Business (the "COB") and related transactions, including providing increased funding to its 70% owned subsidiary Adwell Financial Services Inc ("Adwell") for the expansion of Adwell's micro-finance business, all as principally described in Advent's information circular dated November 30, 2016 (the "Information Circular"). The COB includes the following matters, all of which have been accepted by the Exchange.
Increased funding of Adwell:
In January of 2016 Advent incorporated Adwell for the purpose of commencing a microfinance business. To date, Advent has made an initial investment of $1,375,000 in Adwell ($375,000 by way of capital contribution and $1,000,000 by way of a revolving line of credit). Advent wishes to have the ability to provide increased funding to Adwell for the expansion of Adwell's micro-finance business. Such investment increase has been deemed a COB by the Exchange under Exchange Policies and as such Advent was required to obtain shareholder approval to permit it to invest in and/or lend additional funds to Adwell.
Advent will continue to operate all of its current businesses including: (i) a retail business whereby it sells cellular and wireless products, services and accessories through an independent network of 15 stores in Canada, principally through its wholly-owned subsidiary, Am-Call; and (ii) the commercial leasing of certain investment properties not presently utilized by its cellular and wireless retail stores, but will also now be enabled to increase the amount of investment in and/or funding it provides to Adwell, in such amounts and at such times as may be determined by the Board from time to, in its sole discretion.
The Exchange has been advised that the COB has received shareholder approval and has been completed.
For additional information refer to the Information Circular available under Advent's profile on SEDAR.
The Company is classified as a 'Telecommunications' company.
| Capitalization: |
Unlimited |
shares with no par value of which |
| 11,935,513 |
shares are issued and outstanding |
|
| Escrow: |
Nil |
shares are subject to escrow |
| Transfer Agent: |
Computershare Investor Services Inc. |
|
| Trading Symbol: |
AWI |
|
| CUSIP Number: |
007625S 10 6 |
|
________________________________________
ASTAR MINERALS LTD. ("TAR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 12, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 18, 2016:
| Number of Shares: |
6,855,332 shares |
|
| Purchase Price: |
$0.15 per share |
|
| Warrants: |
3,427,666 share purchase warrants to purchase 3,427,666 shares |
|
| Warrant Exercise Price: |
$0.30 for a three year period |
|
| Number of Placees: |
35 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Stephen Stanley |
Y |
1,500,000 |
| Abdul Allibhai |
Y |
200,000 |
| Timothy Barry |
Y |
100,000 |
| Matt Mason |
Y |
2,376,667 |
| Aggregate Pro Group |
||
| Involvement [3 Placees] |
P |
231,666 |
| Finder's Fee: |
Canaccord Genuity Corp. - $70,800.00 and 472,000 Finder's Warrants |
|
| that are exercisable into common shares at $0.20 per share for a |
||
| 36 month period. |
||
| PI Financial Corp. - $3,999.98 and 26,667 Finder's Warrants that are |
||
| exercisable into common shares at $0.20 per share for a 36 month 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.
________________________________________
BLUESTONE RESOURCES INC ("BSR")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: January 12, 2017
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated January 5, 2017, 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.
________________________________________
CLAREN ENERGY CORP. ("CEN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 12, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 6, 2016.
| Number of Securities: |
27,559,000 Common Share Units ("Units"). Each Unit consists of one common |
|
| share ("Share") and one common share purchase warrant ("Warrant"), |
||
| exercisable for 24 months at an exercise price of $0.15. |
||
| The Warrants are also subject to an acceleration clause, which states that |
||
| the Issuer will have the right to accelerate the expiry date of the Warrants if, |
||
| at any time, the average closing price of the Shares is equal to or greater |
||
| than $0.25 for 10 consecutive trading days. In the event of acceleration, |
||
| the expiry date will be accelerated to a date that is 30 days after the Issuer |
||
| issues a new release, announcing that it has elected to exercise this |
||
| acceleration right. |
||
| Purchase Price: |
$0.08 per Unit |
|
| Warrants: |
27,559,000 |
|
| Warrant Price: |
$0.15 |
|
| Number of Placees: |
75 Placees |
|
| Insider/Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Mark Lawson |
Y |
125,000 |
| Matthew Anderson |
Y |
37,500 |
| Nico Civelli |
Y |
500,000 |
| Pacific World Energy Ltd |
||
| (Carlo Civelli) |
Y |
6,000,000 |
| Robert McMorran |
Y |
125,000 |
| Henery E. Aldorf |
Y |
1,250,000 |
| Frioud Holdings |
||
| (Mark Jarvis) |
Y |
250,000 |
| Aggregate Pro Group |
||
| [15 Placees] |
P |
3,295,500 |
| Finder's Fee: |
Haywood Securities – Cash payment of $55,596.80 and 694,960 broker |
|
| warrants, exercisable for 24 months at $0.15 per Share. |
||
| Canaccord Genuity Corp – Cash payment of $6,123.60 and 76,545 broker |
||
| warrants exercisable for 24 months at $0.15 per Share. |
||
| Clarion Consulting Sarl – Cash payment of $17,500 and 218,750 broker |
||
| warrants, exercisable for 24 months at $0.15 per Share. |
________________________________________
FANTASY ACES DAILY FANTASY SPORTS CORP. ("FAS")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: January 12, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 529,280 Common Shares to settle outstanding debts of $26,464.00 with an arm's length party in relation to outstanding consulting fees.
| Number of Creditors: |
1 Creditor |
| Insider / Pro Group Participation: |
None |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
GARIBALDI RESOURCES CORP. ("GGI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 12, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 30, 2016:
| Number of Shares: |
2,333,333 common shares of the Company issued on a flow-through basis ("FT Shares") |
| Purchase Price: |
$0.15 per FT Share |
| Warrants: |
None |
| Number of Placees: |
5 placees |
| Insider / Pro Group Participation: |
None |
| Finder's Fee: |
$16,320 cash payable to Secutor Capital Management |
| $5,680 cash payable to PI Financial Corp. |
________________________________________
GOLDEN PREDATOR MINING CORP. ("GPY")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 12, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Mineral Property Purchase Agreement dated December 23, 2016 between the Company and Bearing Resources Ltd. whereby the Company will acquire a 100% interest in certain mineral claims located in the Upper Hyland River area of Yukon Territory. Consideration is $275,000 and up to 1,400,789 common shares payable over a four year period. The Company will grant to the Vendor a 2% net smelter return royalty on claims not subject to royalty under the terms of the Royalty Agreement dated October 27, 2011 between the Vendor and Freeport-McMoran of Canada Limited and a 1% net smelter returns royal on claims subject to the Freeport NSR. The Company may repurchase one-half of the NSR for $1,000,000 subject to further Exchange review and acceptance.
________________________________________
GOLDEN REIGN RESOURCES LTD. ("GRR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 12, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Dec 30, 2016:
| Number of Shares: |
12,716,605 shares |
|
| Purchase Price: |
$0.22 per share |
|
| Number of Placees: |
11 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
Pro-Group=P |
# of Shares |
| Marlin Gold Mining Ltd |
||
| (Marlin Gold Mining Ltd) |
Y |
3,762,650 |
| Abraham Jonker |
Y |
113,636 |
| Finder's Fee: |
||
| Beacon Securities Limited |
$8,748.22 cash; 26,282 warrants |
|
| PI Financial Corp |
$9,115.06 cash; 14,316 warrants |
|
| Canaccord Genuity Corp |
$599.28 cash; 3,178 warrants |
|
| Haywood Securities Inc |
$528.00 cash; 2,800 warrants |
|
| Blackbridge Capital Mgmt Corp |
$85,800.00 cash; 227,500 warrants |
|
| Danny Hrushewsky |
227,500 warrants |
|
| Don Weinert |
$2,970.00 cash; 15,750 warrants |
|
| Finder Warrant Initial Exercise Price: |
$0.22 |
|
| Finder Warrant Term to Expiry: |
18 Months |
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.
________________________________________
I-MINERALS INC. ("IMA")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: January 12, 2017
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: |
1,550,000 |
| Original Expiry Date of Warrants: |
January 31, 2017 |
| New Expiry Date of Warrants: |
January 31, 2019 |
| Exercise Price of Warrants: |
$0.40 |
These warrants were issued pursuant to a private placement of 3,100,000 shares with 1,550,000 share purchase warrants attached, which was announced by the Company on January 14, 2014.
________________________________________
LUMINOR MEDICAL TECHNOLOGIES INC. ("LMT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 12, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 28, 2016:
| Number of Shares: |
5,050,609 shares |
|
| Purchase Price: |
$0.225 per share |
|
| Warrants: |
2,525,303 share purchase warrants to purchase 2,525,303 shares |
|
| Warrant Exercise Price: |
$0.30 for a two year period |
|
| Number of Placees: |
57 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Chris Carmichael |
Y |
66,666 |
| Bradstone Financial Corp. |
||
| (Chris Carmichael) |
Y |
111,111 |
| Christian Sauvageau |
Y |
177,777 |
| Aggregate Pro Group |
||
| Involvement [4 Placee(s)] |
P |
224,000 |
| Finder's Fee: |
an aggregate of $30,888, plus 137,280 broker warrants (each exercisable |
|
| into one common shareat a price of $0.30 for a period of 2 years), |
||
| payable to Canaccord Genuity Corp. and PI Financial Corp. |
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.
________________________________________
METTRUM HEALTH CORP. ("MT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 12, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation relating to a Share Purchase Agreement (the "Agreement") between three arm's length parties (the "Vendors") and Mettrum Health Corp. (the "Company"). Pursuant to the Agreement, the Company shall acquire all of the outstanding shares of 2344823 Ontario Inc., d/b/a Bodystream, a leading network of medical cannabis clinics with locations in Ontario.
In consideration the Company shall pay $1,000,000 plus issue 451,596 common shares to the Vendors. An additional aggregate of up to 1,505,322 common shares may be issued over a three year period upon the achievement of certain operating milestones.
For more information, refer to the Company's news release dated January 10, 2017.
________________________________________
SAGE GOLD INC. ("SGX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 12, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 21, 2016:
| Number of Shares: |
3,056,429 flow through shares |
|
| 9,325,755 non flow through shares |
||
| Purchase Price: |
$0.14 per flow through share |
|
| $0.11 per non flow through share |
||
| Warrants: |
4,788,173 share purchase warrants to purchase 4,788,173 shares |
|
| Warrant Exercise Price: |
$0.24 for a two year period |
|
| Number of Placees: |
37 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| C. Nigel Lees |
Y |
214,286 |
| Finder's Fee: |
an aggregate of $78,458, plus 250,590 compensation units for no |
|
| additional consideration, (each consisting of one share and one-half of |
||
| one warrant, with each full warrant exercisable at the same terms as the |
||
| warrants above) , payable to Altus Securities Inc., Foster & Associates, |
||
| Leede Jones Gable Inc., Industrial Alliance Securities Inc. and Echelon |
||
| Wealth Partners |
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.
________________________________________
SECTION ROUGE MEDIA INC. ("SRO")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement, Remain Halted
BULLETIN DATE: January 12, 2017
TSX Venture Tier 2 Company
Property-Asset or Share Disposition Agreement
TSX Venture Exchange has accepted for filing the documentation of the Company relating to an agreement (the "Agreement") between the Company and Mr. Jean-Pierre Rancourt, in connection with the disposition of its existing publication business, including its principal asset "Ma Revue Agricole" publication.
The consideration payable pursuant to the Agreement is $310,000, of which $188,200 in cash upon closing and $121,800 in settlement of debt owed to Mr. Rancourt pursuant to a consultation agreement with the Company.
For further information, please refer to the Company's press release dated January 4, 2017. Please refer also to the Company's Management Information Circular dated September 22, 2016.
Remain Halted
Further to TSX Venture Exchange bulletin dated July 5, 2016, trading in the shares of the Company has remained halted.
SECTION ROUGE MEDIA INC. (« SRO »)
TYPE DE BULLETIN : Vente d'actif ou convention de vente d'actions, arrêt maintenu
DATE DU BULLETIN : Le 12 janvier 2017
Société du groupe 2 de TSX Croissance
Vente d'actif ou convention de vente d'actions
Bourse de croissance TSX a accepté le dépôt de documents de la société en vertu d'une convention (la « Convention ») entre la société et Jean-Pierre Rancourt, prévoyant la vente de son entreprise de publication dont l'actif principal est la revue « Ma Revue Agricole ».
La considération payable en vertu de la Convention est de 310 000 $ et consiste en 188 200 $ en espèces et l'annulation par Jean-Pierre Rancourt d'une dette de 121 800 $ qui lui est due en vertu de son contrat de consultation avec la société.
Pour de plus amples renseignements, veuillez vous référer au communiqué de presse daté du 4 janvier 2017. Veuillez également vous référer à la circulaire de procuration de la direction de la société datée du 22 septembre 2016.
Arrêt maintenu
Suite au bulletin de Bourse de croissance TSX daté du 5 juillet 2016, la négociation sur les titres de la société est demeurée arrêtée.
_________________________________
STANS ENERGY CORP. ("HRE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 12, 2017
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 and October 4, 2016:
| Number of Shares: |
6,050,000 common shares |
|
| Purchase Price: |
$0.05 per share |
|
| Warrants: |
6,050,000 share purchase warrants attached to purchase 6,050,000 shares |
|
| Warrant Exercise Price: |
$0.06 for a five year period |
|
| Number of Placees: |
14 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Boris Aryev |
Y |
300,000 |
| Albert Grenke |
Y |
800,000 |
| Finders' Fee: |
an aggregate of $2,000 plus 40,000 finders' warrants (each exercisable |
|
| into one common share at a price of $0.06 for a five year period) is |
||
| payable to Canaccord Genuity Corp. |
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.
________________________________________
TRIGON METALS INC. ("TM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Jan 12, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Dec 12, 2016:
| Number of Shares: |
2,254,524 shares |
| Purchase Price: |
$0.45 per share |
| Number of Placees: |
9 Placees |
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.
________________________________________
VERSAPAY CORPORATION ("VPY")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: January 12, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to an asset purchase agreement (the "Agreement") dated November 29, 2016 between BluePay Canada, ULC (the "Purchaser") and VersaPay Corporation (the "Company"). Purusant to the Agreement, the Company shall sell to the Purchaser all of the assets and property relating to the Company's point-of-sale merchant services business segment.
As consideration, the Company shall receive cash aggregating up to $11,000,000.
For more information, refer to the Company's news release dated January 10, 2017.
________________________________________
NEX COMPANIES
LEAGOLD MINING CORPORATION ("LMC.H")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: January 12, 2017
NEX Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated December 23, 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.
________________________________________
WESTRIDGE RESOURCES INC. ("WST.H")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: January 12, 2017
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 9,500,000 shares to settle outstanding debt for $475,000.
| Number of Creditors: |
8 Creditors |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Brad Nicol |
Y |
$9,450 |
$0.05 |
189,000 |
| Chris Cooper |
Y |
$40,192 |
" |
803,840 |
| William Radvak |
Y |
$22,425 |
" |
448,500 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
WESTRIDGE RESOURCES INC. ("WST.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 12, 2017
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 30, 2016:
| Number of Shares: |
400,000 shares |
|
| Purchase Price: |
$0.05 per share |
|
| Warrants: |
400,000 share purchase warrants to purchase 400,000 shares |
|
| Warrant Exercise Price: |
$0.10 for a one year period |
|
| Number of Placees: |
2 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| William Radvak |
Y |
200,000 |
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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