VANCOUVER, May 3, 2017 /CNW/ -
TSX VENTURE COMPANIES
AGILITY HEALTH, INC. ("AHI")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 3, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 541,666 shares to settle fees for financial advisory services of US$65,000.
| Number of Creditors: |
1 Creditor |
For further information refer to the Company's news release dated May 1, 2017.
________________________________________
ALEXANDRIA MINERALS CORPORATION ("AZX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 3, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation an Option Agreement dated April 20, 2017 between the Company and Golden Valley Mines Ltd. whereby the Company has been granted an option to acquire an undivided 80% interest in the Centremaque Property located in Quebec. Consideration is the issuance of common shares in tranches over a four year period with an aggregate value of $250,000 and an aggregate of $2,000,000 in exploration expenditures over a four year period. The deemed price per share is based on the closing price of such shares on the trading day prior to each issuance subject to a floor price of not less than $0.0525 per share. Upon acquiring the 80% interest, the parties will form a joint venture and Golden Valley will be entitled to a 1.5% NSR of which one-third (0.5%) may be purchased by the Company for $1,000,000 subject to further Exchange review and acceptance.
________________________________________
ALSET MINERALS CORP. ("ION")
[formerly ALSET ENERGY CORP. ("ION")]
BULLETIN TYPE: Name Change
BULLETIN DATE: May 3, 2017
TSX Venture Tier 2 Company
Pursuant to a Director's Resolution dated April 7, 2017, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening May 4, 2017, the common shares of Alset Minerals Corp. will commence trading on TSX Venture Exchange, and the common shares of Alset Energy Corp. will be delisted. The Company is classified as a 'Mining' company.
| Capitalization: |
Unlimited |
shares with no par value of which |
| 44,860,178 |
shares are issued and outstanding |
|
| Escrow: |
Nil |
|
| Transfer Agent: |
Computershare Trust Company of Canada |
|
| Trading Symbol: |
ION |
(unchanged) |
| CUSIP Number: |
021157102 |
(new) |
________________________________________
ANGKOR GOLD CORP. ("ANK")
BULLETIN TYPE: Warrant Term Extension, Correction
BULLETIN DATE: May 3, 2017
TSX Venture Tier 2 Company
Further to the bulletin dated May 1, 2017, the trading symbol should have stated:
ANGKOR GOLD CORP. ("ANK")
All other information remains unchanged.
____________________________________
ARCO RESOURCES CORP. ("ARR.H")
[formerly Arco Resources Corp. ("ARR")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE: May 03, 2017
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening on Thursday, May 04, 2017, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Vancouver to NEX.
As of May 04, 2017, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.
The trading symbol for the Company will change from ARR to ARR.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.
_______________________________________
AZTEC MINERALS CORP. ("AZT")
BULLETIN TYPE: New Listing-IPO-Shares, Resume Trading
BULLETIN DATE: May 3, 2017
TSX Venture Tier 2 Company
Further to the Exchange's bulletin dated May 1, 2017, effective at the opening on Thursday, May 4, 2017 trading in the shares of Aztec Mineral Corp. will resume.
________________________________________
BROADWAY GOLD MINING LTD. ("BRD")
BULLETIN TYPE: Halt
BULLETIN DATE: May 3, 2017
TSX Venture Tier 2 Company
Effective at 5:35 a.m. PST, May 3, 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.
________________________________________
BROADWAY GOLD MINING LTD. ("BRD")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 3, 2017
TSX Venture Tier 2 Company
Effective at 9:45 a.m. PST, May 3, 2017, shares of the Company resumed trading, an announcement having been made.
________________________________________
CANADIAN EQUIPMENT RENTALS CORP. ("CFL")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 3, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 10,000,000 shares to settle outstanding debt for $2,500,000, relating to a vendor take-back.
| Number of Creditors: |
1 Creditor |
| Insider / Pro Group Participation: |
|
| Insider =Y / |
Amount |
Deemed Price |
||
| Creditor |
ProGroup=P |
Owing |
per Share |
# of Shares |
| Dean Swanberg |
Y |
$2,500,000 |
$0.25 |
10,000,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
CANADIAN EQUIPMENT RENTALS CORP. ("CFL")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: May 3, 2017
TSX Venture Tier 1 Company
The TSX Venture Exchange (the "Exchange") accepts the Company's proposed Loan and Security Agreement (the "Agreement") with Maybridge Capital Inc (the "Lender").
Pursuant to the terms of the Agreement, the Lender will be advancing to the company a senior secured credit facility (the "Credit Facility"). Under the terms of the Credit Facility, the Lender will be making available to the Company, a maximum of: (i) $20,400,000, including a $400,000 commitment fee to be funded by the Lender; or (ii) 80% of the appraised value of all equipment on hand of the Company as approved by the Lender, at an interest rate of 12.75% per annum. The term of the Credit Facility will be one year plus one day, from the date the funds are first advanced, but may be renewed for a period of 12 months.
As security for the Credit Facility, Maybridge will be granted a priority charge over all of the assets referenced in the term sheet, plus a charge on all existing and after acquired assets of the Company. In addition, Mr. Dean Swanberg (the "Guarantor") has agreed to provide a guarantee for the Credit Facility in the amount of $2,500,000 (the "Guarantee").
In consideration for making the loans available to the Company, the Lender shall receive 3,651,501 common share purchase warrants ("Warrants") exercisable for 90 days after the term of the loan (or approximately 15 months) at an exercise price of $0.25 per share.
For further details, please see the company's press releases dated April 24, 2017 and April 28, 2017.
________________________________________
CANADIAN EQUIPMENT RENTALS CORP. ("CFL")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 3, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted the issuance of Common Shares of the Company ("Shares") for the settlement of $75,000 relating to a guarantee on a Loan with Maybridge Capital, provided by Mr. Dean Swanberg. The Shares will be issued on a monthly basis, calculated at the 5 day VWAP (subject to TSXV discounted market calculations).
The Company shall issue a news release when the shares are issued.
________________________________________
DESERT STAR RESOURCES LTD. ("DSR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 3, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 13, 2017:
| Number of Shares: |
2,500,000 shares |
| Purchase Price: |
$0.20 per share |
| Warrants: |
2,500,000 share purchase warrants to purchase 2,500,000 shares |
| Warrant Exercise Price: |
$0.25 for a two year period |
| Number of Placees: |
15 Placees |
| Insider / Pro Group Participation: |
|
| Name |
Insider=Y / |
# of Shares |
| Vince Sorace |
Y |
500,000 |
| Rory Kutluoglu |
Y |
250,000 |
| Rob Duncan |
Y |
300,000 |
| Gavin Cooper |
Y |
50,000 |
| Keith Henderson |
Y |
100,000 |
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.
________________________________________
EARTHWORKS INDUSTRIES INC. ("EWK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 3, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 20, 2017:
| Number of Shares: |
6,822,300 shares |
| Purchase Price: |
$0.20 per share |
| Warrants: |
6,822,300 share purchase warrants to purchase 6,822,300 shares |
| Warrant Exercise Price: |
$0.21 for a one year period (6,250,000 warrants) |
| $0.25 for a one year period (572,300 warrants) |
|
| Number of Placees: |
6 Placees |
| Insider / Pro Group Participation: |
|
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| El Suelo Holdings Corp. |
||
| (David F. Andrews) |
Y |
1,200,000 |
| Finder's Fee: |
$13,000 cash payable to Canaccord Genuity Wealth Management |
|
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.
________________________________________
GATEKEEPER SYSTEMS INC. ("GSI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 3, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 10, 2017:
| Number of Shares: |
21,280,000 shares |
| Purchase Price: |
$0.20 per share |
| Warrants: |
10,640,000 share purchase warrants to purchase 10,640,000 shares |
| Warrant Initial Exercise Price: |
$0.30 |
| Warrant Term to Expiry: |
2 Years |
| Number of Placees: |
216 Placees |
| Insider / Pro Group Participation: |
|
| Name |
Insider=Y / |
# of Shares |
|
| Aggregate Pro-Group Involvement [9 Placees] |
P |
1,375,000 |
| Finder's Fee: |
|
| NBCN Inc. |
$360.00 cash; 75,000 shares |
| PI Financial Corp. |
$6,000.00 cash |
| Raymond James Ltd. |
$16,800.00 cash |
| Canaccord Genuity Corp. |
723,600 shares |
| Mackie Research Capital Corp. |
30,000 shares |
The Company issued a news release on May 1, 2017 confirming closing of the private placement. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
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.
________________________________________
GT GOLD CORP. ("GTT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 3, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 4, 2017 and April 20, 2017:
| Number of Shares: |
2,712,000 non-flow through shares and 5,167,750 flow through shares |
| Purchase Price: |
$0.32 per non-flow through share and $0.45 per flow through share |
| Number of Placees: |
22 Placees |
| Insider / Pro Group Participation: |
|
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Charles Greig |
Y |
55,000 |
| Aggregate Pro Group Involvement |
P |
11,000 |
| [1 Placee] |
| Finder's Fee: |
$5,040 payable to Omar Mawji |
| $3,200 payable to Tamesis Partners LLP |
|
| $21,790 payable to Odlum Brown Limited |
The Company issued a news release on April 26, 2017 confirming closing of the private placement.
________________________________________
LOMIKO METALS INC ("LMR")
BULLETIN TYPE: Halt
BULLETIN DATE: May 3, 2017
TSX Venture Tier 2 Company
Effective at 9:53 a.m. PST, May 3, 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.
________________________________________
LOMIKO METALS INC. ("LMR")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement, Correction
BULLETIN DATE: May 3, 2017
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletin dated May 2, 2017, with respect to the Amending Agreement dated May13, 2016 between the Lomiko Metals Inc (the "Company") Company and Canada Strategic Metals Inc ("CSMI"), whereby the Company increase its interest from 80 % to 100% in the La Loutre Property, and the Lac des Iles Property, both in southern Quebec
The correct consideration of the Amending Agreement the Company is:
- pay $10,000 to CSMI
- Issue 750,000 shares to CSMI, with
- 250,000 shares on closing
- 250,000 shares by July 31, 2017
- 250,000 shares by Dec 31, 2018
- Fund exploration expenditures of $1,250,000 as follows:
- $250,000 by Dec 31, 2016
- $375,000 by Dec 31, 2017
- $500,000 by Dec 31, 2018.
Further information on the transaction is available in the company's news releases dated May 16, 2016 and Sept 15, 2016
________________________________________
LOMIKO METALS INC. ("LMR")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: May 3, 2017
TSX Venture Tier 2 Company
Further to the Exchange bulletin dated May 2, 2017, TSX Venture Exchange has accepted for filing the Amending Agreement dated Dec 20, 2016 whereby the agreements dated February 6, 2015 and May 13, 2016 are amended, between the Lomiko Metals Inc (the "Company") Company and Canada Strategic Metals Inc ("CSMI"), amending the timelines for the payments and exploration expenditures related to the acquisition of in the La Loutre Property, and the Lac des Iles Property, both in southern Quebec
In consideration of the Amending Agreement the Company will:
- Eliminate the $10,000 payment to CSMI due on closing and replace it with the issuance of 20,000 shares
- Extend the deadline for exploration expenditure of $250,000 from Dec 31, 2016 to June 30, 2017.
All other terms remain the same as per the May 2, 2017 Bulletin
Further information on the transaction is available in the company's news releases dated Jan 3, 2017
________________________________________
MEDX HEALTH CORP. ("MDX")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: May 3, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced March 9, 2017:
| Number of Shares: |
6,948,333 shares |
| Purchase Price: |
$0.12 per share |
| Warrants: |
6,948,333 share purchase warrants to purchase 6,948,333 shares |
| Warrant Exercise Price: |
$0.20 for a three year period |
| Number of Placees: |
37 Placees |
| Insider / Pro Group Participation: |
|
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aggregate Pro Group Involvement |
P |
1,203,833 |
| [7 Placees] |
| Agent's Fee: |
An aggregate of $48,044 in cash and 400,365 broker warrants payable to Wildlaw Capital Markets Inc., Altus Securities Ltd. and Raymond James Ltd. Each broker warrant entitles the holder to acquire one unit at $0.12 for a three year period. |
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.
________________________________________
MX GOLD CORP. ("MXL")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: May 3, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 279,017 shares at a deemed price of $0.255, 107,618 shares at a deemed price of $0.175 and 86,774 shares at a deemed price of $0.155 in consideration of certain services provided to the company pursuant to a Consulting Services Agreement dated February 6, 2017.
The Company shall issue a news release when the shares are issued.
________________________________________
NOBLE IRON INC. ("NIR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 3, 2017
TSX Venture Tier 2 Company
Effective at 8:00 a.m. PST, May 3, 2017, shares of the Company resumed trading, an announcement having been made.
________________________________________
ORSU METALS CORPORATION ("OSU")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: May 3, 2017
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated April 6, 2017, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission dated April 6, 2017 has been revoked.
Effective at the opening, Thursday, May 4, 2017, trading will be reinstated in the securities of the Company.
___________________________________
PULSE OIL CORP. ("PUL")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 3, 2017
TSX Venture Tier 1 Company
Effective at 8:45 a.m. PST, May 3, 2017, shares of the Company resumed trading, an announcement having been made.
________________________________________
R&R REAL ESTATE INVESTMENT TRUST ("RRR.UN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 3, 2017
TSX Venture Tier 1 Company
Effective at 5:00 a.m. PST, May 3, 2017, shares of the Company resumed trading, an announcement having been made.
________________________________________
SAVILLE RESOURCES INC. ("SRE")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 3, 2017
TSX Venture Tier 2 Company
Saville Resources Inc. ("Saville") announced on April 28, 2017 that it will not be proceeding with its previously announced agreement dated August 16, 2016 (the "Agreement"), among Saville, DG Resource Management Ltd., and Zimtu Capital Corp. The Agreement was initially announced August 24, 2016.
Effective at the open, Thursday, May 4, 2017, the common shares of Saville Resources Inc. will resume trading.
________________________________________
SELECTCORE LTD. ("SCG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 3, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 4, 2017:
| Number of Shares: |
13,333,330 shares |
| Purchase Price: |
$0.15 per share |
| Warrants: |
13,333,330 share purchase warrants attached to purchase 13,333,330 shares |
| Warrant Exercise Price: |
$0.20 for a three year period |
| Number of Placees: |
33 Placees |
| Insider / Pro Group Participation: |
|
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Martin Bernholtz |
Y |
670,000 |
| Mohammed Abuleil |
Y |
228,000 |
| Syed Naveed Ul-Hassan |
Y |
266,666 |
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.
________________________________________
TRAKOPOLIS IOT CORP. ("TRAK")
BULLETIN TYPE: Halt
BULLETIN DATE: May 3, 2017
TSX Venture Tier 1 Company
Effective at 10:33 a.m. PST, May 3, 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.
________________________________________
NEX COMPANIES
ABCANN GLOBAL CORPORATION ("ABCN")
[formerly Panda Capital Inc. ("PDA.H")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Private Placement-Brokered, Private Placement-Non-Brokered, Name Change, Graduation from NEX to TSX Venture and Resume Trading
BULLETIN DATE: May 3, 2017
NEX Company
Qualifying Transaction-Completed
TSX Venture Exchange (the "Exchange") has accepted for filing Panda Capital Inc.'s (the "Company") Qualifying Transaction described in its Filing Statement dated March 31, 2017. As a result, at the opening on Thursday, May 4, 2017, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following, all of which have been accepted by the Exchange:
The Company acquired all the issued and outstanding shares of ABcann Medicinals Inc. ("ABcann") by way of a "three-cornered amalgamation" (the "Transaction"), and issued 78,653,717 common shares to the securityholders of ABcann, not including those issued pursuant to the financing described below. In connection with the closing of the Transaction, the Company changed its name to "ABcann Global Corporation". Under the Transaction, all securityholders of ABcann exchanged their common shares of ABcann for common shares in the capital of the Company on a 1:1 basis.
As a result of the Transaction, a total of 40,393,238 Resulting Issuer common shares are escrowed pursuant to an Exchange Tier 2 Surplus escrow agreement and 282,500 Resulting Issuer common shares are subject to the CPC escrow agreement. An additional 7,590,462 Resulting Issuer common shares are subject to Exchange Seed Share Resale Restrictions.
The Resulting Issuer is classified as an "Industrial" issuer (NAICS Number: 111999).
For further information, please refer to the Company's Filing Statement dated March 31, 2017 available on SEDAR.
Resume Trading:
Further to TSX Venture Exchange's Bulletin dated December 5, 2016, trading in the securities of the Resulting Issuer will resume at the opening on Thursday, May 4, 2017.
Effective at the opening on Thursday, May 4, 2017, the trading symbol for the Company will change from "PDA.H" to "ABCN".
Private Placement – Brokered
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced on December 2, 2016 and April 12, 2017, pursuant to which the Company issued subscription receipts of the Company at $0.80 per subscription receipt for gross proceeds of $10,726,151.20. Each subscription receipt was exchanged for Common Shares of the Resulting Issuer on a 1 for 1 basis.
| Number of Subscription Receipts: |
13,407,689 |
| Purchase Price: |
$0.80 per Subscription Receipt |
| Number of Placees: |
182 placees |
| Insider / Pro Group Participation: |
|
| Name |
Insider = Y / Pro Group = P |
Number of Shares |
| Daryl Kramp |
Y |
62,500 |
| John Easson |
Y |
125,000 |
| Paul Lucas |
Y |
31,250 |
In connection with the Brokered Private Placement, Canaccord Genuity Corp. and PI Financial Corp., as lead agents, received a cash commission of $743,400 (of which $408,369.42 was settled by the issuance of an aggregate of 510,462 Common Shares at a price of $0.80 per Common Share) and broker warrants to purchase 929,250 Common Shares exercisable at a price of $0.80 per Common Share until April 28, 2019.
The Company has confirmed the closing of the Brokered Private Placement via a press release dated May 3, 2017.
Private Placement – Non-Brokered
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement that was undertaken concurrently with the Brokered Private Placement, pursuant to which the Company issued subscription receipts of the Company at $0.80 per subscription receipt for gross proceeds of $1,073,848.80 (and aggregate gross proceeds of $11.8 million when combined with the Brokered Private Placement). The financing included subscription receipts of the Company at $0.80 per subscription receipt. Each subscription receipt was exchanged for common shares of the Resulting Issuer on a 1 for 1 basis.
| Number of Subscription Receipts: |
1,342,311 |
| Purchase Price: |
$0.80 per Subscription Receipt |
| Number of Placees: |
60 placees |
| Insider / Pro Group Participation: |
|
| Name |
Insider = Y / Pro Group = P |
Number of Shares |
| Mark Attanasio |
P |
34,375 |
| Donato Sferra |
P |
34,375 |
| Gorav Seth |
P |
18,750 |
The Company has confirmed the closing of the Non-Brokered Private Placement via a press release dated May 3, 2017.
Convertible Debenture Financing
Concurrently with the closing of the Transaction, the Company completed a non-brokered debenture financing in connection with which Resulting Issuer Debentures in the aggregate principal amount of $15,000,000 were issued. The Resulting Issuer Debentures bear interest at the rate of 10% per annum, will mature 36 months from the closing of the Transaction and are secured by a security interest over all of the assets of the Resulting Issuer and each of its subsidiaries. In addition, the Company issued an aggregate of 15,000,000 Resulting Issuer Warrants to the subscribers under the Convertible Debenture Financing, each of which will be exercisable into one Resulting Issuer Share at a price of $0.80 per Share for a period of two years from the closing of the transaction in the event that the Company does not raise an aggregate of $18,000,000 on or before July 1, 2018, and 500,000 Resulting Issuer Warrants, each of which is exercisable into one Common Share at a price of $0.80 per Common Share until April 28, 2019.
For further information, please refer to the Company's Filing Statement dated March 31, 2017 available on SEDAR.
Name Change
At the annual meeting of shareholders on March 30, 2017, the Company's shareholders approved a special resolution approving the Company's name change. Pursuant to the Qualifying Transaction, the name of the Company has been changed from Panda Capital Inc. to ABcann Global Corporation.
Effective at the opening on Thursday, May 4, 2017, the shares of ABcann Global Corporation will commence trading on the Exchange and the Shares of Panda Capital Inc. will be delisted.
Graduation from NEX to TSX Venture
In conjunction with the above, the Company has met the requirements to be listed as a TSX Venture Tier 2 Company. Therefore, effective on Thursday, May 4, 2017, the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to Vancouver.
| Capitalization: |
Unlimited number of common shares with no par value of which 99,626,679 shares are issued and outstanding |
|
| Escrow: |
40,675,738 common shares |
|
| Transfer Agent: |
TSX Trust Company (Toronto office) |
|
| Trading Symbol: |
ABCN |
(new) |
| CUSIP Number: |
00287W103 |
(new) |
| Issuer Contact: |
Aaron Keay, Chief Executive Officer |
|
| Issuer Address: |
126 Vanluven Road, Napanee, Ontario K7R 3L2 |
|
| Issuer Phone Number: |
(604) 323-6911 |
|
| Issuer email: |
||
_______________________________________
AIM EXPLORATIONS LTD. ("AXN.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 3, 2017
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 18, 2017:
| Number of Shares: |
6,378,000 shares |
| Purchase Price: |
$0.06 per share |
| Number of Placees: |
25 Placees |
| Insider / Pro Group Participation: |
|
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aggregate Pro Group Involvement |
P |
925,000 |
| [3 Placees] |
| Finder's Fee: |
Canaccord Genuity will receive a finder's fee of $15,480.00 and 258,000 warrants exercisable into common shares at $0.06 per share for a 24 month period. |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release dated May 2, 2017 announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
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MBMI RESOURCES INC. ("MBR.H")
BULLETIN TYPE: Private Placement-Non-Brokered, Remain Suspended
BULLETIN DATE: May 3, 2017
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 7, 2017:
| Number of Shares: |
4,444,443 shares |
| Purchase Price: |
$0.135 per share |
| Warrants: |
4,444,443 share purchase warrants to purchase 4,444,443 shares |
| Warrant Exercise Price: |
$0.18 for a one year period |
| Number of Placees: |
3 Placees |
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.
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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