VANCOUVER, May 12, 2017 /CNW/ -
TSX VENTURE COMPANIES
BROADWAY GOLD MINING LTD. ("BRD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 12, 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 27, 2017:
| Number of Shares: |
2,811,114 shares |
|
| Purchase Price: |
$0.90 per share |
|
| Warrants: |
1,405,563 share purchase warrants to purchase 1,405,563 shares |
|
| Warrant Exercise Price: |
$1.60 for an 18-month period |
|
| Number of Placees: |
27 Placees |
|
| Insider / Pro Group Participation: |
||
| Name |
Insider=Y / |
# of Shares |
| Aggregate Pro Group Involvement |
P |
111,111 |
| [1 Placee] |
||
| Finder's Fee: |
Wildlaw Capital Markets Inc. - $65,000.00 and 138,756 Compensation Options exercisable into common shares at $0.90 per share for an 18 month period. |
|
| Integral Wealth Securities Limited - $4,000.00 and 4,444 Compensation Options exercisable into common shares at $0.90 per share for an 18 month period. |
||
| PI Financial Corp. - $4,920.00 and 5,467 Compensation Options exercisable into common shares at $0.90 per share for an 18 month period. |
||
| PowerOne Capital Markets Limited. - $5,200.00 and 5,778 Compensation Options exercisable into common shares at $0.90 per share for an 18 month period. |
||
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release dated April 28, 2017 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.
________________________________________
ELY GOLD & MINERALS INC. ("ELY")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 12, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Purchase and Option Letter Agreement dated May 3, 2017 between Ely Gold & Minerals Inc. (the "Company"), its wholly owned subsidiary, Nevada Select Royalty, Inc. and Platoro West Inc. ("Platoro", William Sheriff), whereby the Company has an option to purchase a portfolio of 14 mineral properties in Nevada and the Western United States and a portfolio of 8 Royalty Deeds, the legal and beneficial rights to geological information covering precious metals properties throughout the Western United States. In consideration, the Company will pay cash in the amount of US$500,000 (US$250,000 in the first year) over three years and issue 1,000,000 warrants exercisable at $0.12 per share for two years to Platoro.
________________________________________
GLACIER LAKE RESOURCES INC. ("GLI")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 12, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 140,000 shares to settle outstanding debt for $21,000.
Number of Creditors: 1 Creditor
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
GREEN SWAN CAPITAL CORP. ("GSW")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 12, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a Purchase Agreement (the "Agreement") dated May 5, 2017 between an arm's length party (the "Vendor") and Green Swan Capital Corp. (the "Company"). Pursuant to the Agreement, the Company shall acquire a 100% interest in the Gowganda property which is comprised of 5 unpatented claim blocks of the located in the Gowganda region of Ontario.
In consideration the Company shall pay an aggregate of $67,650 plus issue 562,500 units (each comprised of one common share and one share purchase warrant. Each warrant is exercisable into one common share at a price of $0.10 for an eighteen month period) to the Vendor.
For more information, refer to the Company's news release dated March 28, 207 and May 12, 2017.
________________________________________
INTRINSIC4D INC. ("IFD")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 12, 2017
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, May 12, 2017, shares of the Company resumed trading, an announcement having been made.
________________________________________
MAJESCOR RESOURCES INC. ("MJX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 12, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to an Asset Purchase Agreement (the "Agreement") dated March 13, 2017 between Majescor Resources Inc. (the "Company") and an arm's length party (the "Vendor"). Pursuant to the Agreement, the Company shall acquire certain mining assets, which consists of the Vendor's mining claims (370 total claims located in Quebec), royalty agreements and CARDS technology system.
In consideration, the Company shall issue an aggregate of 8,000,000 common shares to the Vendor.
For more information, refer to the Company's news releases dated March 15, 2017.
________________________________________
NEWRANGE GOLD CORP. ("NRG")
BULLETIN TYPE: Amendment, Private Placement Non-Brokered
BULLETIN DATE: May 12, 2017
TSX Venture Tier 2 Company
AMENDMENT:
Further to the TSX Venture Exchange Bulletin dated May 9, 2017, the Exchange has accepted an amendment with respect to a Non-Brokered Private Placement announced April 26, 2017:
| Finder's Fee: |
M Partners Inc. $13,230 cash and 44,100 warrants payable. |
| -Each warrant is exercisable into one common share at $0.45 for 2 years from closing. |
________________________________________
NORTHISLE COPPER AND GOLD INC. ("NCX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 12, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 5, 2017 and April 7, 2017:
| Number of Shares: |
6,948,316 Non Flow-through shares |
|
| Purchase Price: |
$0.15 per share |
|
| Warrants: |
3,474,158 share purchase warrants to purchase 3,474,158 shares |
|
| Warrant Exercise Price: |
$0.25 for a two year period |
|
| Number of Shares: |
2,400,000 Flow-through shares |
|
| Purchase Price: |
$0.20 per share |
|
| Number of Placees: |
37 Placees |
|
| Insider / Pro Group Participation: |
||
| Name |
Insider=Y / |
# of Shares |
| David Douglas |
Y |
70,000 |
| John McClintock |
Y |
666,700 |
| Aggregate Pro Group Involvement |
P |
389,983 |
| [4 Placees] |
||
| Finder's Fee: |
Kingsdale Capital $18,747.38 cash payable. |
|
| Fidelity Clearing Canada ULC $500 cash payable. |
||
| PI Financial Corp. $1,487.50 cash payable. |
||
| Haywood Securities Inc. $1,500 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.]
________________________________________
PROSPERO SILVER CORP. ("PSL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 12, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 17, 2017:
| Number of Shares: |
5,357,142 shares |
|
| Purchase Price: |
$0.28 per share |
|
| Warrants: |
5,357,142 share purchase warrants to purchase 5,357,142 shares |
|
| Warrant Exercise Price: |
$0.35 for a three year period |
|
| Number of Placees: |
1 Placee |
|
| Insider / Pro Group Participation: |
||
| Name |
Insider=Y / |
# of Shares |
| Fortuna Silver Mines Inc. |
Y |
5,357,142 |
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 May 10, 2017. [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.]
________________________________________
PURE ENERGY MINERALS LIMITED ("PE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 12, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 28, 2017:
| Number of Shares: |
2,144,000 shares |
|
| Purchase Price: |
$0.50 per share |
|
| Warrants: |
1,072,000 share purchase warrants to purchase 1,072,000 shares |
|
| Warrant Exercise Price: |
$0.75 for a two year period, subject to acceleration if at any time after four months and one day from closing, the closing price of the shares is equal to or greater than $1.25 for 20 consecutive trading days, then the Company may provide notice that the warrants will expire 30 days from such notice. |
|
| Number of Placees: |
18 Placees |
|
| Insider / Pro Group Participation: |
||
| Name |
Insider=Y / |
# of Shares |
| Aggregate Pro Group Involvement |
P |
75,000 |
| [2 Placees] |
||
| Finder's Fee: |
Canaccord Genuity Corp. receives $33,075 and 66,150 non-transferable warrants, each exercisable for one share at a price of $0.75 for two years. |
|
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 May 8, 2017. [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.]
________________________________________
QMC QUANTUM MINERALS CORP. ("QMC")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: May 12, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced Mar 06, 2017:
| Number of Shares: |
11,000,000 shares |
|
| Purchase Price: |
$0.10 per share |
|
| Warrants: |
11,000,000 share purchase warrants to purchase 11,000,000 shares |
|
| Warrant Initial Exercise Price: |
$0.17 |
|
| Warrant Term to Expiry: |
18 Months, subject to acceleration in the event that the closing price of the Issuer on the Exchange is $0.28 per share or higher for a period of 10 consecutive trading days, the Issuer shall have the right to accelerate the expiration of the share purchase warrants by sending notice to the warrant holders that share purchase warrants share expire unless exercised within 30 days after the date of such notice. |
|
| Number of Placees: |
58 Placees |
|
| Insider / Pro Group Participation: |
||
| Name |
Insider=Y / |
# of Shares |
| Alicia Milne |
Y |
50,000 |
| East Street Holdings Inc |
Y |
200,000 |
| (Edward Low) |
||
| Balraj Mann |
Y |
1,500,000 |
| Aggregate Pro-Group Involvement [3 Placees] |
P |
350,000 |
| Agent's Fee: |
||
| Ascenta Finance Corp. |
$29,440.00 cash; 294,400 non-transferable options* |
|
|
|
$8,000.00 cash; 80,000 non-transferable options* |
|
| Leede Jones Gable Inc. |
$3,200.00 cash; 32,000 non-transferable options* |
|
*Each non-transferable option is exercisable at a price of $0.10, entitling the holder one common share and share purchase warrant exercisable at $0.17 for a period of 18 months, subject to acceleration as above.
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.
________________________________________
ROJO RESOURCES LTD. ("RJ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 12, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 12, 2017, February 2, 2017 and March 30, 2017:
| Number of Shares: |
5,000,000 shares |
|
| Purchase Price: |
$0.05 per share |
|
| Warrants: |
5,000,000 share purchase warrants to purchase 5,000,000 shares |
|
| Warrant Exercise Price: |
$0.10 for a one year period |
|
| Number of Placees: |
23 Placees |
|
| Insider / Pro Group Participation: |
||
| Name |
Insider=Y / |
# of Shares |
| 622738 B.C. Ltd. (Mark Tommasi) |
Y |
150,000 |
| Patricia Wilson |
Y |
250,000 |
| Kyly Investment Corporation (Allen Morishita) |
Y |
590,000 |
| Aggregate Pro Group Involvement |
P |
100,000 |
| [1 Placee] |
||
| Finder's Fee: |
PI Financial Corporation receives $2,100 and 60,000 non-transferable warrants, each exercisable for one share at a price of $0.10 for 12 months. |
|
| Mackie Research Capital Corporation receives $11,935 and 341,000 non-transferable warrants, each exercisable at a price of $0.10 for 12 months. |
||
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 May 3, 2017. [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.]
________________________________________
TEKMODO INUSTRIES INC. ("TEK")
BULLETIN TYPE: Consolidation
BULLETIN DATE: May 12, 2017
TSX Venture Tier 2 Company
Pursuant to a directors's resolution dated February 28, 2017, the Company has consolidated its capital on a 2.5 old for 1 new basis. The name of the Company has not been changed.
Effective at the opening Monday, May 15, 2017, the common shares of TekModo Industries Inc. will commence trading on TSX Venture Exchange on a consolidated basis.
| Post - Consolidation |
|
| Capitalization: |
unlimited shares with no par value of which |
| 57,949,903 shares are issued and outstanding |
|
| Escrow |
14,049,830 shares are subject to escrow |
| Transfer Agent: |
TSX Trust Company |
| Trading Symbol: |
TEK (UNCHANGED) |
| CUSIP Number: |
87911T200 (new) |
________________________________________
WESTERNZAGROS RESOURCES LTD ("WZR")
BULLETIN TYPE: Halt
BULLETIN DATE: May 12, 2017
TSX Venture Tier 2 Company
Effective at 4:23 a.m. PST, May 12, 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
BELL COPPER CORPORATION ("BCU.H")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 12, 2017
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 4,598,842 shares at $0.05 per share and 2,299,421 share purchase warrants to settle outstanding debt for $229,942.10.
| Number of Creditors: |
1 Creditor |
|||
| Insider / Pro Group Participation: |
||||
| Creditor |
Insider=Y / |
Amount |
Deemed Price |
# of Shares |
| Godbe Drilling LLC (John Godbe) |
Y |
$229,942.10 |
$0.05 |
4,598,842 |
| Warrants: |
2,299,421 share purchase warrants to purchase 2,299,421 shares |
|||
| Warrant Exercise Price: |
$0.10 for a six period |
|||
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
BROOME CAPITAL INC. ("BCP.H")
BULLETIN TYPE: Consolidation, Remain Halted
BULLETIN DATE: May 12, 2017
NEX Company
Pursuant to a Directors' Resolution dated February 9, 2017, the Company has consolidated its capital on a 3 old for 1 new basis. The name of the Company has not been changed.
Effective at the opening May 15, 2017, the common shares of Broome Capital Inc. will be listed for trading on NEX Exchange on a consolidated basis. The Company's shares will remain halted. The Company is classified as a 'Capital Pool' company.
| Post - Consolidation |
|
| Capitalization: |
Unlimited shares with no par value of which |
| 3,135,542 shares are issued and outstanding |
|
| Escrow |
2,091,666 shares are subject to escrow |
| Transfer Agent: |
Computershare Trust Company of Canada |
| Trading Symbol: |
BCP.H (UNCHANGED) |
| CUSIP Number: |
114726201 (new) |
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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