VANCOUVER, March 8, 2017 /CNW/ -
TSX VENTURES COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: March 7, 2017
TSX Venture Company
A Cease Trade Order has been issued by the British Columbia Securities Commission and the Ontario Securities Commission on March 7, 2017 against the following company for failing to file the documents indicated within the required time period:
| Symbol |
Tier |
Company |
Failure to File |
Period |
| Ending |
||||
| (Y/M/D) |
||||
| BXR |
2 |
Blue River Resources Ltd. |
annual audited financial statements |
2016/10/31 |
| annual management's discussion |
||||
| and analysis |
||||
| certification of the annual filings |
Upon revocation of the Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements. Members are prohibited from trading in the securities of the companies during the period of the suspension or until further notice.
________________________________________
ARHT MEDIA INC. ("ART")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Mar 08, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 11, 2017:
| Number of Shares: |
13,333,333 shares |
|
| Purchase Price: |
$0.15 per share |
|
| Number of Placees: |
1 Placee |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Netdragon Websoft Holdings Ltd. |
Y |
13,333,333 |
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.
________________________________________
AURAMEX RESOURCE CORP. ("AUX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 8, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced February 24, 2017:
| Number of Shares: |
290,000 shares |
|
| Purchase Price: |
$0.05 per share |
|
| Warrants: |
290,000 share purchase warrants to purchase 290,000 shares |
|
| Warrant Exercise Price: |
$0.05 for a two year period |
|
| Number of Placees: |
3 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Brenda Marie Brannstrom |
Y |
130,000 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issue a news release dated March 7, 2017announcing 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.
________________________________________
BEARING RESOURCES LTD. ("BRZ")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 8, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Asset Purchase Agreement dated February 6, 2017 between the Company and Octagon Holdings Corp. (Hanxun Li) whereby the Company will acquire a 100% interest in the Fish Lake Claims located in Esmeralda County, Nevada. Consideration is US$60,000 and 1,400,000 common shares.
________________________________________
GALORE RESOURCES INC. ("GRI")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: March 8, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 847,560 bonus shares at a deemed price of $0.05 per share to the following insider in consideration of a USD$150,000 loan.
| Shares |
|
| Michael McMillan |
847,560 |
________________________________________
ITAFOS ("IFOS")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 8, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,906,541 shares to settle outstanding debt for US$3,000,000.
| Number of Creditors: |
1 Creditor |
|||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Zaff LLC |
Y |
US$3,000,000 |
CDN$2.10 |
1,906,541 |
For further information, please refer to the Company's news release dated March 2, 2017.
________________________________________
KAIYUE INTERNATIONAL INC. ("KYU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 8, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 16, 2017:
| Number of Shares: |
4,900,000 shares |
| Purchase Price: |
$0.05 per share |
| Number of Placees: |
3 Placees |
The Company issued a news release on March 6, 2017 confirming closing of the private placement.
________________________________________
KANZEN CAPITAL CORP. ("KAN.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 8, 2017
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated March 7, 2017, effective at market open on Thursday, March 9, 2017, shares of the Company will resume trading. The Company completed its public offering of securities on March 7, 2017. The gross proceeds received by the Company for the offering were $600,000 (4,000,000 common shares at $0.15 per share).
________________________________________
KISKA METALS CORPORATION ("KSK")
BULLETIN TYPE: Halt
BULLETIN DATE: March 8, 2017
TSX Venture Tier 2 Company
Effective at 5:17 a.m. PST, March 8, 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.
________________________________________
LEAGOLD MINING CORPORATION ("LMC")
BULLETIN TYPE: Halt
BULLETIN DATE: March 8, 2017
TSX Venture Tier 2 Company
Effective at 5:30 a.m. PST, March 8, 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.
________________________________________
LUCKY MINERALS INC. ("LJ")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: March 8, 2017
TSX Venture Tier 2 Company
Pursuant to a Property Option Agreement dated December 31, 2014 between Lucky Minerals (Montana) Inc. (the Company) and Keough, Brown & Keough LLC, Emigrant-Manna LLC, David Amsk Revocable Trust, Michael Amsk, Richard Amsk, and Scott Brown (collectively the Vendors) the TSX Venture Exchange has accepted for filing an Option Payment extension agreement whereby the Company has agreed to issue 50,030 shares to the Vendors to extend the time to pay an option payment due November 2016 to April 2017.
________________________________________
NEO LITHIUM CORP. ("NLC")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: March 8, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced January 30, 2017 and January 31, 2017
| Number of Shares: |
22,731,819 shares |
| Purchase Price: |
$1.10 per share |
| Warrants: |
11,365,909 share purchase warrants to purchase 11,365,909 shares |
| Warrant Exercise Price: |
$1.40 until August 22, 2018 |
| Number of Placees: |
19 Placees |
| Underwriter's Fee: |
An aggregate of $1,250,250 in cash and 454,636 broker warrants payable to Sprott Capital Partners, Canaccord Genuity Corp., PowerOne Capital Markets Limited, GMP Securities LP, Clarus Securities Inc. and Cormark Securities Inc. Each broker warrant entitles the holder to acquire one common share at $1.10 until August 22, 2018. |
For further details, please refer to the Company's news release dated February 22, 2017.
________________________________________
NORTHERN SUPERIOR RESOURCES INC. ("SUP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 8, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 13, 2017:
| Number of Shares: |
78,010,000 Non Flow-through shares |
|
| Purchase Price: |
$0.05 per share |
|
| Warrants: |
78,010,000 share purchase warrants to purchase 78,010,000 shares |
|
| Warrant Exercise Price: |
$0.075 for a two year period |
|
| Number of Shares: |
10,899,998 Flow-through shares |
|
| Purchase Price: |
$0.055 per share |
|
| Number of Placees: |
40 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| 2176423 Ontario Inc. |
||
| (Eric Sprott) |
Y |
40,000,000 |
| Francois Perron |
Y |
500,000 |
| Kierstone Capital Inc. |
||
| (John Kiernam) |
Y |
200,000 |
| Andrew Farncomb |
Y |
1,000,000 |
| Aggregate Pro Group |
||
| Involvement [5 Placees] |
P |
2,855,454 |
| Finder's Fee: |
Foster & Associates Financial Services Inc. $1,250 cash payable. |
|
| Felix Cirelli $5,000 cash payable. |
||
| Trimark Trading $25,000 cash payable. |
||
| Niles Baranger $10,000 cash payable. |
||
| Medalist Capital Ltd. $25,000 cash payable. |
||
| PI Financial Corp. $7,500 cash payable. |
||
| IA Securities Inc. $18,650 cash payable. |
||
| Red Cloud Klondike Strike Inc. $3,000 cash payable. |
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.]
________________________________________
ONEROOF ENERGY GROUP, INC. ("ON")
BULLETIN TYPE: Halt
BULLETIN DATE: March 8, 2017
TSX Venture Tier 2 Company
Effective at 10:15 a.m. PST, March 8, 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.
________________________________________
ONEROOF ENERGY GROUP, INC. ("ON")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 8, 2017
TSX Venture Tier 2 Company
Effective at 11:30 a.m., PST, March 8, 2017, shares of the Company resumed trading, an announcement having been made.
________________________________________
QMC QUANTUM MINERALS CORP. ("QMC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 8, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation pertaining to an Option Agreement dated August 31, 2016 between QMC Quantum Minerals Corp. (the 'Company') and 101162742 Saskatchewan Ltd. (Roman Zimmerman, Norman Lux), pursuant to which the Company may acquire a 100% interest in four claim covering 700 hectares in southeastern Manitoba, known as the Cat Lake Lithium Property. In consideration, the Company will make cash payments totalling $46,500 and share issuances with a total value of $46,500 in stages over a 3 year period.
| CASH |
SHARES |
|
| Upon Exchange approval |
$3,000 |
54,545 |
| Year 1 |
$12,000 |
$12,000* |
| Year 2 |
$12,000 |
$12,000* |
| Year 3 |
$19,500 |
$19,500* |
*shares to be issued based on the 30-day average closing price, subject to a minimum of $0.05.
________________________________________
RADIENT TECHNOLOGIES INC. ("RTI")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: March 8, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a memorandum of understanding (the "MOU")between the Company and Aurora Cannabis Inc. ("Aurora") whereby both parties will pursue the joint development and commercialization of superior and standardized cannabinoid extracts. Pursuant to the terms of the MOU, the Company will issue a $2,000,000 convertible debenture to Aurora (the "Debenture"). The Debenture will mature 2 years from date of issuance, bear interest at 10 per cent per annum and will be convertible into common share units ("Units") at a conversion price of $0.14 per Unit. Each Unit will consist of one common share and one share warrant ("Warrant") with each Warrant exercisable for one common share at an exercise price of $0.33 per within 24 months from issuance of the Debenture.
________________________________________
STELLAR AFRICAGOLD INC. ("SPX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 8, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to an agreement dated January 23, 2017, in connection with the reacquisition of 49% interest in Balandougou Gold project located in Guinea, from UltraGold Holding LLC ("UltraGold").
The consideration payable by the Company consists of the issuance of 750,000 common shares of the Company. UltraGold will retain a 1.5% Net Smelter Royalty up to a maximum of US$3,000,000.
For further information, please refer to the Company's press release dated January 25, 2017.
STELLAR ORAFRIQUE INC. (« SPX »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actifs ou d'actions
DATE DU BULLETIN : Le 8 mars 2017
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents relativement à une entente datée du 23 janvier 2017, concernant la ré-acquisition par la société d'un intérêt de 49 % dans le projet Balandougou Gold situé à Guinée. L'intérêt est acquis de la société UltraGold Holding LLC (« UltraGold »).
La considération payable par la société sera de l'émission de 750 000 d'actions ordinaires de la société. UltraGold conservera une royauté « NSR » de 1.5 % jusqu'un maximum de 3 000 000 $US.
Pour plus d'information, veuillez vous référer au communiqué de presse émis par la société le 25 janvier 2017.
________________________________________
VANGOLD RESOURCES LTD. ("VAN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 8, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 13, 2016:
| SECOND TRANCHE: |
||
| Number of Shares: |
4,671,080 shares |
|
| Purchase Price: |
$0.05 per share |
|
| Warrants: |
4,671,080 share purchase warrants to purchase 4,671,080 shares |
|
| Warrant Exercise Price: |
$0.25 for a three year period |
|
| Number of Placees: |
8 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Michael Cooney |
Y |
1,000,000 |
________________________________________
VANGOLD RESOURCES LTD. ("VAN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 8, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 31, 2017:
| Number of Shares: |
7,625,000 shares |
|
| Purchase Price: |
$0.07 per share |
|
| Warrants: |
7,625,000 share purchase warrants to purchase 7,625,000 shares |
|
| Warrant Exercise Price: |
$0.25 for a three year period |
|
| Number of Placees: |
31 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aggregate Pro Group |
||
| Involvement [ 6 Placees] |
1,270,000 |
|
| Finder's Fee: |
$3,150 plus 45,000 finder warrants to Haywood Securities Inc. |
|
| $1,050 plus 15,000 finder warrants to Global Maxfin Capital Inc. |
||
| $7,455 plus 106,500 finder warrants to PI Financial Corp. |
||
| $1,750 plus 25,000 finder warrants to Raymond James Ltd. |
________________________________________
VANGOLD RESOURCES LTD. ("VAN")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 8, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 3,627,299 shares to settle outstanding debt of $253,911.
| Number of Creditors: |
4 Creditors |
|||
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Dal Brynelsen |
Y |
$96,248 |
$0.07 |
1,374,971 |
| NEMI Northern Energy |
||||
| & Mining Inc. (Michael Cooney) |
Y |
$100,000 |
" |
1,428,571 |
| Anna Serin |
Y |
$7,000 |
" |
100,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
ZONTE METALS INC. ("ZON")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 8, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement as announced on January 25, 2017:
| Number of Shares: |
13,500,000 common shares |
|
| Purchase Price: |
$0.10 per common share |
|
| Warrants: |
6,750,000 warrants to purchase 6,750,000 common shares |
|
| Warrant Exercise Price: |
$0.18 until July 31, 2018 |
|
| Number of Placees: |
78 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider = Y / |
Number |
|
| Name |
Pro Group = P |
of Shares |
| Terry Christopher |
Y |
100,000 |
| Marshall Farris |
Y/P |
300,000 |
| MLF Holdings |
Y/P |
50,000 |
| Aggregate Pro-Group |
||
| Involvement (10 Placees) |
P |
1,270,000 |
| Finders' Fees: |
Finders collectively received $67,060 in cash and 280,250 |
|
| common share purchase warrants at $0.18 till July 31,2018 |
The Company has announced the closing of the Private Placement by way of a press releases dated February 1, 2017 and March 1, 2017.
________________________________________
NEX COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: March 8, 2017
NEX Company
A Cease Trade Order has been issued by the Québec and Ontario Securities Commission on March 8, 2017 against the following company for failing to file the documents indicated within the required time period:
| Symbol |
Tier |
Company |
Failure to File |
Period |
| Ending |
||||
| (Y/M/D) |
||||
| EXO.H |
NEX |
EXO U Inc. |
interim financial reports and the interim |
|
| management report |
2016/12/31 |
Upon revocation of the Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements. Members are prohibited from trading in the securities of the companies during the period of the suspension or until further notice.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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