TSX Venture Exchange Daily Bulletins
Jan 20, 2017, 19:53 ET
VANCOUVER, Jan. 20, 2017 /CNW/ -
TSX VENTURES COMPANIES
ACL INTERNATIONAL LTD. ("ACL")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: January 20, 2017
TSX Venture Tier 1 Company
Effective at 10:15 a.m. PST, January 20, 2017, shares of the Company resumed trading, an announcement having been made.
________________________________________
ALTAIR RESOURCES INC. ("AVX")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: January 20, 2017
TSX Venture Tier 2 Company
Further to the bulletin dated January 18, 2017 with respect to a private placement of 4,500,000 units at $0.20 per unit, TSX Venture Exchange has been advised that Bertho Holdings Ltd. will not be receiving the finder's fee of 25,000 common shares.
________________________________________
ARIANNE PHOSPHATE INC. ("DAN")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: January 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension of the following Warrants:
| Number of Warrants: |
1,217,500 |
| Expiry Date of Warrants: |
July 29, 2015 (previously extended to January 27, 2017) |
| New Expiry Date of Warrants: |
January 27, 2018 |
| Exercise Price of Warrants: |
$1.45 |
These warrants were issued pursuant to a private placement of a total of 2,435,000 common shares and 1,217,500 warrants, as approved by the Exchange on August 7, 2013.
ARIANNE PHOSPHATE INC. (« DAN »)
TYPE DE BULLETIN : Prolongation de bons de souscription
DATE DU BULLETIN : Le 20 janvier 2017
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté la prolongation des bons de souscription (les « bons ») suivants :
| Nombre de bons : |
1 217 500 |
| Date d'échéance des bons : |
Le 29 juillet 2015 (ces bons furent prolongés une première fois jusqu'au 27 janvier 2017) |
| Nouvelle date d'échéance : |
Le 27 janvier 2018 |
| Prix d'exercice des bons : |
1,45 $ |
Ces bons ont été émis dans le cadre de l'émission de 2 435 000 actions ordinaires et 1 217 500 bons de souscription par le biais d'un placement privé, tel qu'accepté par la Bourse le 7 août 2013.
________________________________________
AXIOS MOBILE ASSETS CORP. ("AXA")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: January 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 505,456 shares to settle outstanding debt for $41,700.
| Number of Creditors: |
22 Creditors |
|||
| Creditor |
Insider=Y / |
Amount |
Deemed Price |
# of Shares |
| Ishbel MacDonald & Richard |
Y |
$300 |
$0.0825 |
3,636 |
| MacDonald JTROS |
||||
For further information, please refer to the Company's news release dated January 17, 2017.
________________________________________
BISON GOLD RESOURCES INC. ("BGE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 15, 2016:
| Number of Shares: |
4,750,000 shares |
|
| Purchase Price: |
$0.20 per share |
|
| Warrants: |
4,750,000 share purchase warrants to purchase 4,750,000 shares |
|
| Warrant Exercise Price: |
$0.30 for an eighteen month period |
|
| Number of Placees: |
24 Placees |
|
| Insider / Pro Group Participation: |
||
| Name |
Insider=Y / |
# of Shares |
| Amir Mousavi |
Y |
350,000 |
| Mark Robinson |
Y |
75,000 |
| Chris Carmichael |
Y |
350,000 |
| Aggregate Pro Group Involvement |
P |
325,000 |
| [3 Placee(s)] |
||
| Finder's Fee: |
200,000 units (each consisting of one common share and 1 broker warrant, with each each broker warrant exercisable into one common share at a price of $0.30 for a period of 18 months), plus 200,000 additional broker warrants, each exercisable into one common share at a price of $0.20 for a period of 18 months, payable to Generic Capital Corporation |
|
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.
________________________________________
CALIBRE MINING CORP. ("CXB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 20, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 15, 2016 and December 16, 2016:
| Number of Shares: |
19,575,000 shares |
|
| Purchase Price: |
$0.10 per share |
|
| Warrants: |
19,575,000 share purchase warrants to purchase 19,575,000 shares |
|
| Warrant Exercise Price: |
$0.15 for a three year period |
|
| Number of Placees: |
32 Placees |
|
| Insider / Pro Group Participation: |
||
| Name |
Insider=Y / |
# of Shares |
| Quarry Capital Corp. |
||
| (Douglas B. Forster) |
Y |
5,000,000 |
| Greg Smith |
Y |
75,000 |
| Blayne Johnson |
Y |
4,000,000 |
| Douglas Hurst |
Y |
250,000 |
| Edward Farrauto |
Y |
500,000 |
| SPI Spartan Investments Inc. |
||
| (George Salamis) |
Y |
150,000 |
| Clive Johnson |
Y |
500,000 |
| Julie Lassonde |
Y |
500,000 |
| John Reynolds |
Y |
300,000 |
| Aggregate Pro Group Involvement |
||
| [12 Placee(s)] |
P |
2,100,000 |
| Finder's Fee: |
120,000 units payable to Paradigm Capital Inc. |
|
| Finder's fee units are under the same terms as those to be issued pursuant to the private placement. |
||
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.
________________________________________
CAZA GOLD CORP. ("CZY")
BULLETIN TYPE: Halt
BULLETIN DATE: January 20, 2017
TSX Venture Tier 2 Company
Effective at 6:59 a.m. PST, January 20, 2017, 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.
________________________________________
CAZA GOLD CORP. ("CZY")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: January 20, 2017
TSX Venture Tier 2 Company
Effective at 8:15 a.m. PST, January 20, 2017, shares of the Company resumed trading, an announcement having been made.
________________________________________
Cortina Capital Corp. ("CCN.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: January 20, 2017
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated January 16, 2017, 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.
________________________________________
CRESVAL CAPITAL CORP. ("CRV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 10, 2016 and December 29, 2016:
| First Tranche: |
|
| Number of Shares: |
750,000 shares |
| Purchase Price: |
$0.05 per share |
| Number of Placees: |
4 Placees |
| Finder's Fee: |
$1,225 cash payable to PI Financial Corp. |
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.
________________________________________
EMPIRE ROCK MINERALS INC. ("EPR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Jan 20 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Dec 06, 2016:
| Flow-Through Shares: |
||
| Number of FT Shares: |
5,100,000 flow through shares |
|
| Purchase Price: |
$0.05 per flow through share |
|
| Warrants: |
5,100,000 share purchase warrants to purchase 5,100,000 shares |
|
| Warrant Initial Exercise Price: |
$0.08 |
|
| Warrant Term to Expiry: |
5 Years |
|
| Non Flow-Through Shares: |
||
| Number of Non-FT Shares: |
4,900,000 non flow through shares |
|
| Purchase Price: |
$0.05 per non flow through share |
|
| Warrants: |
4,900,000 share purchase warrants to purchase 4,900,000 shares |
|
| Warrant Initial Exercise Price: |
$0.08 |
|
| Warrant Term to Expiry: |
5 Years |
|
| Number of Placees: |
12 Placees |
|
| Insider / Pro Group Participation: |
||
| Name |
Insider=Y / |
# of Shares |
| James Boyce |
Y |
200,000 |
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.
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.
________________________________________
FRANCHISE BANCORP INC. ("FBI")
BULLETIN TYPE: Delist
BULLETIN DATE: January 20, 2017
TSX Venture Tier 2 Company
Effective at the close of business Friday, January 20, 2017, the common shares of Franchise Bancorp Inc. ("FBI") will be delisted from TSX Venture Exchange. The delisting of the Company's shares results from a takeover bid from WTF Holdings Inc. ("WTF"), whereby WTF has acquired and now owns approximately 99% of the outstanding common shares of the Company, pursuant to an Offer to Purchase and Takeover Bid Circular dated October 28, 2016 (the "Offer"). Under the terms of the Offer, FBI shareholders will receive $2.13 in cash for each FBI share tendered to the Offer. Upon completion of WTF's compulsory acquisition to acquire the common shares not deposited to the Offer, WTF and its affiliates and associates will own 100% of the Company's common shares.
For further information please refer to the WTF Offer dated October 28, 2016, the Directors' Circular dated November 4, 2016 (both available on SEDAR) and the Company's news releases dated October 28, 2016, November 10, 2016, January 3, 2017, January 6, 2017 and January 16, 2017.
________________________________________
KING'S BAY GOLD CORPORATION ("KBG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a property acquisition agreement (the "Agreement") dated October 4, 2016 between King's Bay Gold Corporation (the "Company") and Crooks Lake Holding Limited, Cameron Martin and Jeffrey Martin (the later three collectively being, the "Vendors") to acquire 66 mineral claims located in Happy Valley, Goose Bay, Newfoundland and Labrador (the "Property").
In order to acquire the Property, the Company must pay an aggregate of $100,000 and issue 900,000 common shares in the Company over a period of 3 years. The Agreement is subject to a 1.5% net smelter royalty ("NSR") of which the Company can purchase one-half of the NSR for $1,000,000 at any time.
The transaction is arm's length.
Further information can be found in the Company's news releases dated October 27, 2016 and January 19, 2017.
________________________________________
KNICK EXPLORATION INC. ("KNX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to an acquisition agreement dated January 13, 2017, in connection with the Buy-Back of a 1.75 % net smelter royalty (''NSR") on the Company's East-West gold Property located in Val d'Or, in the Province of Québec. The consideration payable by the Company consists in $50,000 in cash and the issuance of 5,000,000 common shares.
For further details, please refer to the Company's press release dated January 13, 2017.
EXPLORATION KNICK INC. (« KNX »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 20 janvier 2017
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 13 janvier 2017, concernant le Rachat par la société d'une royauté nette de fonderie (« NSR ») de 1,75% portant sur la propriété East-West de la société situé à Val d'Or au Québec. La considération payable par la société consiste en 50 000 $ en espèces et en l'émission de 5 000 000 d'actions ordinaires.
Pour plus d'information, veuillez vous référer au communiqué de presse daté du 13 janvier 2017.
__________________________________
LED MEDICAL DIAGNOSTICS INC. ("LMD")
BULLETIN TYPE: Halt
BULLETIN DATE: January 20, 2017
TSX Venture Tier 2 Company
Effective at 5:40 a.m. PST, January 20, 2017, 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.
________________________________________
LED MEDICAL DIAGNOSTICS INC. ("LMD")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: January 20, 2017
TSX Venture Tier 2 Company
Effective at 9:30 a.m. PST, January 20, 2017, shares of the Company resumed trading, an announcement having been made.
________________________________________
MARIANA RESOURCES LIMITED ("MARL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 20, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing a Share Purchase Agreement dated January 13, 2017 between Mariana Resources Limited (the Company) and Awale Resources Sarl, Awale Resources Limited, Derek Hartman and Karl Akueson (collectively the Vendors) whereby the Company may acquire an 80% interest in three granted licenses (1,191 sq. km.) and four licenses under application (1,593 sq. km.) in Ivory Coast, Africa. Consideration is 723,511 shares, settlement of outstanding obligations of the Vendor totaling a maximum of US$89,000 plus the Company will lend US$55,726 to the Vendor.
For more details, please see the Company's news release dated October 7, 2016.
________________________________________
NATUREBANK ASSET MANAGEMENT INC. ("COO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 29, 2016:
| Number of Shares: |
2,900,000 shares |
|
| Purchase Price: |
$0.10 per share |
|
| Warrants: |
2,900,000 share purchase warrants to purchase 2,900,000 shares |
|
| Warrant Exercise Price: |
$0.15 for a one year period |
|
| Number of Placees: |
1 Placee |
|
| Insider / Pro Group Participation: |
||
| Name |
Insider=Y / |
# of Shares |
| Aggregate Pro Group Involvement |
P |
2,900,000 |
| [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. [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.]
________________________________________
NEW CAROLIN GOLD CORP. ("LAD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 4, 2016, November 15, 2016 and December 21, 2016:
| Number of Shares: |
6,625,000 Flow-through shares |
||
| Purchase Price: |
$0.08 per share |
||
| Number of Shares: |
6,307,646 Flow-through shares |
||
| Purchase Price: |
$0.065 per share |
||
| Number of Shares: |
7,261,000 shares |
||
| Purchase Price: |
$0.07 per share |
||
| Warrants: |
7,261,000 share purchase warrants to purchase 7,261,000 shares |
||
| Warrant Exercise Price: |
$0.07 for a one year period |
||
| $0.09 in the second year |
|||
| Number of Placees: |
28 Placees |
||
| Insider / Pro Group Participation: |
|||
| Name |
Insider=Y / |
# of Shares |
|
| D. Barry Lee |
Y |
153,800 |
|
| Robert Lunde |
Y |
224,000 |
|
| Aggregate Pro Group Involvement |
P |
4,475,000 |
|
| [3 Placees] |
|||
| Finder's Fee: |
Qwest Investment Fund Management Ltd. $56,350 cash and 376,250 Finder's Warrants exercisable into common shares at $0.08 for 3 years plus 403,846 Finder's warrants exercisable into common shares at $0.065 for 3 years. |
||
| Leede Jones Gable Inc. $7,781 cash and 111,160 Finder's Warrants exercisable into common shares at $0.07 in the first year and $0.09 in the second year. |
|||
| EMD Financial Inc. $12,040 cash and 344,000 Finder's Warrants exercisable into common shares at $0.07 in the first year and $0.09 in the second year. |
|||
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.]
________________________________________
NORTH SEA ENERGY INC. ("NUK")
BULLETIN TYPE: Halt
BULLETIN DATE: January 20, 2017
TSX Venture Tier 2 Company
Effective at 7:58 a.m. PST, January 20, 2017, 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.
________________________________________
NQ EXPLORATION INC. ("NQE")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: January 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 480,000 common shares at a deemed price of $0.05 per share in order to settle an outstanding debt of $24,000. These shares are to be issued as payment of accrued interest relating to convertible debentures issued pursuant to a Private Placement.
| Number of Creditors: |
1 Creditor |
The Company has announced that settlement of debt pursuant to a news release dated January 16, 2017.
EXPLORATION NQ INC. (« NQE »)
TYPE DE BULLETIN : Émission d'actions en règlement d'une dette
DATE DU BULLETIN : Le 20 janvier 2017
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation de la société relativement à l'émission proposée de 480,000 actions ordinaires au prix réputé de 0,05 $ l'action en règlement d'une dette de 24 000 $. Les actions seront émises en paiement d'intérêts courus relativement aux débentures convertibles émises en vertu d'un placement privé.
| Nombre de créanciers : |
1 créancier |
La société a annoncé ce règlement de dette en vertu d'un communiqué de presse daté du 16 janvier 2017.
_______________________________________
RIO SILVER INC. ("RYO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 22, 2016:
| Number of Shares: |
1,250,000 shares |
| Purchase Price: |
$0.06 per share |
| Warrants: |
1,250,000 share purchase warrants to purchase 1,500,000 shares |
| Warrant Exercise Price: |
$0.06 for an eighteen-month period |
| Number of Placees: |
1 Placee |
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 January 19, 2017. 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.
________________________________________
ROYAL ROAD MINERALS LIMITED ("RYR")
BULLETIN TYPE: Halt
BULLETIN DATE: January 20, 2017
TSX Venture Tier 2 Company
Effective at 6:59 a.m. PST, January 20, 2017, 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.
________________________________________
ROYAL ROAD MINERALS LIMITED ("RYR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: January 20, 2017
TSX Venture Tier 2 Company
Effective at 8:15 a.m. PST, January 20, 2017, shares of the Company resumed trading, an announcement having been made.
________________________________________
SCIENTIFIC METALS CORP ("STM")
BULLETIN TYPE: Consolidation
BULLETIN DATE: January 20, 2017April 11, 2012
TSX Venture Tier 2 Company
Pursuant to a resolution passed by directors of the Company, the Company has consolidated its capital on a four (4) old for One (1) new basis. The name of the Company has not been changed.
Effective at the opening Tuesday January 24, 2017, the common shares of the Company will commence trading on TSX Venture Exchange on a post-consolidated basis. The Company is classified as an 'Other Metal Ore Mining' company.
| Post - Consolidation |
|
| Capitalization: |
Unlimited shares with no par value of which |
| 30,404,062 shares are issued and outstanding |
|
| Escrow |
Nil shares are subject to escrow |
| Transfer Agent: |
Computershare Trust Company |
| Trading Symbol: |
STM UNCHANGED |
| CUSIP Number: |
80876P206 (new) |
________________________________________
SHAMARAN PETROLEUM CORP ("SNM")
BULLETIN TYPE: Halt
BULLETIN DATE: January 20, 2017
TSX Venture Tier 2 Company
Effective at 6:11 a.m. PST, January 20, 2017, 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.
________________________________________
SHAMARAN PETROLEUM CORP ("SNM")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: January 20, 2017
TSX Venture Tier 2 Company
Effective at 8:00 a.m. PST, January 20, 2017, shares of the Company resumed trading, an announcement having been made.
________________________________________
SOKOMAN IRON CORP. ("SIC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a letter of intent dated January 9, 2017 between the Company and Unity Resources whereby the Company may acquire a 100% interest in a 10 claim block in the Wilding Lake area of central Newfoundland in consideration of $5,000 and 1,400,000 common shares.
________________________________________
STELMINE CANADA LTD. ("STH")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to a Purchase Agreement dated December 10, 2016 whereby the Company has reached an agreement to acquire a 90% interest in 43 claims located near Fermont Township, in the province of Québec.
Under the terms of the Agreement, the Company is required to pay $12,000 in cash, issue of a total 400,000 common shares, 400,000 common share purchase warrants at $0.90 for 24 months, as well as carry out $450,000 in exploration work over a period of three years.
For further information, please refer to the Company's press release dated December 14, 2016.
STELMINE CANADA LTD. (« STH »)
TYPE DE BULLETIN : Convention d'achat de propriété d'actif ou d'actions
DATE DU BULLETIN : Le 20 janvier 2017
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents en vertu d'une convention d'achat datée du 10 décembre 2016, selon laquelle la société a conclu une entente en vue d'acquérir 43 claims, situés dans la municipalité de Fermont, dans la province du Québec.
Selon les termes de l'entente, la société doit payer 12 000 $ en espèces, émettre un total de 400 000 d'actions ordinaires, 400 000 bons de souscription en actions ordinaires à 0,90 $ pour 24 mois ainsi que d'effectuer 450 000 $ en travaux d'exploration sur une période de trois ans.
Pour plus d'information, veuillez vous référer au communiqué de presse émis par la société le 14 décembre 2016.
_____________________________________________
ZONTE METALS INC. ("ZON")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to an option agreement dated December 14, 2016, in connection with the acquisition of 172 claims in the McConnells Jest property located in the Tintina Gold Belt of the Yukon Territory. The consideration payable by the Company consists of the issuance of a total 1,500,000 common shares over a period of 3 years, cash payments of a total of $150,000 over a period of 4 years, and 3 % net smelter return (NSR) to the Vendor.
A finder will receive a commission equal to $31,000 of which 10% is payable in cash and 90% in common shares.
For further information, please refer to the Company's press releases dated November 17, 2016 and January 18, 2017.
________________________________
NEX COMPANIES
CAPRICORN BUSINESS ACQUISITIONS INC. ("CAK.H")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: January 20, 2017
NEX Company
Effective at the opening, Monday January 23, 2017, the securities of Capricorn Business Acquisitions Inc. (the "Company") will resume trading, a news release having been issued on December 20, 2016, announcing that the Company will not be proceeding with its proposed transaction with Energex Petroleum Inc., which was previously announced on April 5, 2012. The transaction contemplated would have constituted a Qualifying Transaction as defined under Exchange Policy 2.4.
_______________________________
DELRAND RESOURCES LIMITED ("DRN.H")
BULLETIN TYPE: Halt
BULLETIN DATE: January 20, 2017
NEX Company
Effective at 1:45 p.m. PST, January 19, 2017, 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
For further information: Market Information Services at 1-888-873-8392, or email: [email protected]
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