TSX Venture Exchange Daily Bulletins

News provided by

TSX Venture Exchange

May 17, 2017, 19:50 ET

VANCOUVER, May 17, 2017 /CNW/ -

TSX VENTURE COMPANIES

AVANTI ENERGY INC. ("AVN")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 17, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Apr 04, 2017:

Number of Shares:

8,888,000 shares


Purchase Price: 

$0.07 per share


Warrants:  

8,888,000 share purchase warrants to purchase 8,888,000 shares


Warrant Initial Exercise Price: 

$0.15


Warrant Term to Expiry:

1 Year


Number of Placees:  

25 Placees

Insider / Pro Group Participation:

Name

Insider=Y /
ProGroup=P

# of Shares

Pacific Equity Management Corp.  

Y  

3,600,000

(Douglas Ford)

(Karl  Kottmeier)

(Kirk  Gamley)

Kirk Gamley

Y

1,000,000

Aggregate Pro-Group Involvement [6 Placees]

P   

950,000

Finder's Fee:

Leede Jones Gable Inc.            

21,000 shares; 21,000 warrants 

PI Financial Corp.                     

$1,470.00 cash 

Raymond James Ltd.               

$5,889.80 cash 

Canaccord Genuity Corp.          

$5,076.40 cash 

Finder Warrant Initial Exercise Price:                  

$0.15

Finder Warrant Term to Expiry:                           

1 year Identical to Unit wts

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.

________________________________________

CANAMEX RESOURCES CORP. ("CSQ")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 17, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 12, 2017:

Number of Shares:

20,741,350 shares


Purchase Price:  

$0.12 per share


Warrants:

20,741,350 share purchase warrants to purchase 20,741,350 shares


Warrant Initial Exercise Price: 

$0.20


Warrant Term to Expiry:  

5 Years


Number of Placees:  

105 Placees


Finder's Fee:

David John Vincent 

1,258,205 shares; 1,258,205 warrants 

PI Financial Corp. 

3,500 shares; 3,500 warrants   

Mark Turcotte 

14,000 shares; 14,000 warrants 

Joseph Charland  

24,500 shares; 24,500 warrants 

Haywood Securities Inc. 

15,750 shares; 15,750 warrants  

Finder Warrant Initial Exercise Price:  

$0.20


Finder Warrant Term to Expiry:   

Same as financing warrants.

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.

________________________________________

CLAIM POST RESOURCES INC ("CPS")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 17, 2017
TSX Venture Tier 2 Company

Effective at 8:53 a.m. PST, May 17, 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.

________________________________________

CLAIM POST RESOURCES INC ("CPS")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  May 17, 2017
TSX Venture Tier 2 Company

Effective at 10:00 a.m. PST, May 17, 2017, shares of the Company resumed trading, an announcement having been made.

________________________________________

COLIBRI RESOURCE CORPORATION ("CBI")
BULLETIN TYPE: Resume Trading
BULLETIN DATE:  May 17, 2017
TSX Venture Tier 2 Company

Effective at the open, Thursday, May 18, 2017, trading in Colibri Resource Corporation's ("Colibri") common shares will resume, satisfactory documentation having been received by the TSX Venture Exchange Inc. in respect of a letter of intent dated December 15, 2016 (the "Agreement") between the Company, Canadian Gold Resources Ltd. ("CGR") and ONTOP Capital Limited ("ONTOP") under which the Company has agreed to acquire all of the issued and outstanding shares of CGR from ONTOP (the "Reviewable Transaction").

This resumption of trading does not constitute acceptance of the Reviewable Transaction, and should not be construed as an assurance of the merits of the transaction or the likelihood of completion.  Colibri is required to submit all of the required documentation relating to the Reviewable Transaction.

Completion of the Reviewable Transaction is subject to a number of conditions, including but not limited to, Exchange acceptance.  There is a risk that the Reviewable Transaction will not be accepted or that the terms of the transaction may change substantially prior to acceptance.

For further information, please see the news release dated December 16, 2016 which is available under Colibri's profile on SEDAR.

________________________________________

DECADE RESOURCES LTD. ("DEC")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 17, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 9, 2017:

Number of Shares: 

10,700,000 shares


Purchase Price: 

$0.06 per share


Warrants: 

10,700,000 share purchase warrants to purchase 10,700,000 shares


Warrant Exercise Price: 

$0.08 for a two year period


Number of Placees: 

12 Placees

Insider / Pro Group Participation:

Name 

Insider=Y /
ProGroup=P

# of Shares



Edward Kruchkowski  

Y 

500,000



Aggregate Pro Group Involvement 

P 

1,250,000

  [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.

________________________________________

DISCOVER-CORP ENTERPRISES INC. ("DCY")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE:  May 17, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:

Private Placement:

# of Warrants:            

2,000,000

Original Expiry Date of Warrants:    

June 16, 2017

New Expiry Date of Warrants:              

June 16, 2020

Exercise Price of Warrants:             

$0.10

These warrants were issued pursuant to a private placement of 2,000,000 shares with 2,000,000 share purchase warrants attached, which was accepted for filing by the Exchange effective on June 19, 2015.

________________________________________

DYNACERT INC. ("DYA")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  May 17, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 723,959 common shares at a deemed value of CDN$1.00 per share to settle outstanding debt for CDN$723,959.

Number of Creditors:

2 Creditors

The Company shall issue a news release when the shares are issued and the debt extinguished.

________________________________________

EAST ASIA MINERALS CORPORATION ("EAS")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 17, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 17, 2017:

Number of Shares:  

27,519,668 shares


Purchase Price: 

$0.12 per share


Warrants: 

13,759,834 share purchase warrants to purchase 13,759,834 shares


Warrant Exercise Price:  

$0.50 for a five year period


Number of Placees:

120 Placees

Insider / Pro Group Participation:

Name 

Insider=Y /
ProGroup=P

# of Shares



Aggregate Pro Group Involvement

P 

4,863,334

  [11 Placees]

Finder's Fee: 

$7,224 cash and 60,200 warrants payable to Leede Jones Gable Inc.

$76,510.01 cash and 637,583 warrants payable to Haywood Securities Inc.

$87,847.20 cash and 732,060 warrants payable to PI Financial Corp.

$19,950 cash and 166,250 warrants payable to Hampton Securities Inc.

$15,400.01 cash and 128,333 warrants payable to Canaccord Genuity Corp.

$1,764 cash and 14,700 warrants payable to Chippingham Financial Group

Finder's fee warrants are exercisable at $0.12 per share for two years.

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.

________________________________________

ELY GOLD & MINERALS INC. ("ELY")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement, Amendment
BULLETIN DATE:  May 17, 2017
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange's bulletin dated May 12, 2017, the terms of the warrants issuable to Platoro West Inc. should have been for three years, exercisable at $0.125 per share.

________________________________________

EUROPEAN COMMERCIAL REAL ESTATE INVESTMENT TRUST ("ERE.UN")
BULLETIN TYPE: Plan of Arrangement, Prospectus-Class B Common Shares Offering, Private Placement-Non-Brokered
BULLETIN DATE: May 17, 2017
TSX Venture Tier 1 Company

Plan of Arrangement:

Further to TSX Venture Exchange (the "Exchange") bulletin dated May 2, 2017, European Commercial Real Estate Investment Trust (the "Company") has completed a reorganization by way of plan of arrangement.  The arrangement was completed on May 3, 2017, and resulted in the Company effectively being converted into a real estate investment trust named European Commercial Real Estate Investment Trust ("European Commercial REIT").  Pursuant to the Arrangement, each of the shareholders of the Issuer exchanged 1 common share for (i) 1 trust unit of European Commercial REIT ("Unit"), and/or (ii) in the case of certain shareholders, 1 exchangeable Class B LP Unit of European Commercial REIT Limited Partnership and 1 Special Voting Unit of European Commercial REIT.

Class B LP Units are exchangeable into Units on a 1 for 1 basis. Each Class B LP Unit is accompanied by one Special Voting Unit which will provide the holder of such Special Voting Unit with a right to vote at a meeting of unitholders of European Commercial REIT.

A total of 8,035,200 Units and 856,800 Class B LP Units were issued as a result of the Arrangement.

For further information please refer to the Issuer's Management Information Circular dated March 30, 2017, which is available at www.sedar.com, as well as the press release issued by the Issuer on March 24, 2017 and May 3, 2017.

Prospectus-Class B Common Shares Offering:

Effective May 4, 2017, the Company's Short Form Prospectus dated April 27, 2017 was filed with and accepted by TSX Venture Exchange, and effective April 27, 2017 was filed with and receipted by the British Columbia, Alberta, Saskatchewan, Manitoba, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Northwest Territories, Yukon, Nunavut and Ontario Securities Commission, pursuant to the provisions of the  Securities Act. 

TSX Venture Exchange has been advised that closing occurred on May 3, 2017 for gross proceeds of $30,000,000 (no over-allotment option exercised to date).

Underwriters: 

CIBC Capital Markets Inc. as lead underwriter together with a syndicate of underwriters.


Offering: 

6,000,000 class B common shares


Share Price: 

$5.00 per share


Underwriters' Fee: 

A cash fee of $1,800,000 has been paid to the Underwriters.


Over-Allotment Option: 

The Underwriters have been granted an over-allotment option of the shares in connection with this offering.  The Underwriters were granted an option to arrange for the sale of up to an additional 900,000 class B common shares (being 15% of that number of shares sold pursuant to the offering), at any time up to 30 days after the closing of the offering.

For further information, refer to the Company's Short Form Prospectus dated March 24, 2017 filed on SEDAR and the Company's news release dated March 24, 2017 and May 3, 2017.

Private Placement-Non-Brokered:

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 27, 2017:

Number of Shares: 

400,000 class B common shares


Purchase Price: 

$5.00 per share


Number of Placees:  

3 Placees

Insider / Pro Group Participation:

 Name 

Insider=Y /
ProGroup=P

# of Shares



Philip Burns

Y  

60,000

Ian Dyke  

Y

60,000

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.

____________________________

Lamêlée Iron Ore Ltd. ("LIR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 17, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement:

Number of Shares:   

1,052,996 common shares



Purchase Price:  

$0.15 common share


Warrants:  

1,052,996 warrants to purchase a maximum of 1,052,996 common shares


Warrant Exercise Price:

$0.20 per share till April 21, 2020


Number of Placees:  

6 Placees

Insider / Pro Group Participation:

Name

Insider = Y /

Pro Group = P

Number

of Shares

9288-1846 Québec Inc. (Hubert Vallée)

Y

35,000

Stéphane Leblanc

Y

558,000

Finders' fee:    

A finder received $951.75 in cash

The Company has confirmed the closing of the Private Placement pursuant to a news releases dated April 21, 2017 and May 4, 2017.

____________________________

Lamêlée Minerais de Fer ltée (« LIR »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 17 mai 2017
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier :

Nombre d'actions :  

1 052 996 actions ordinaires



Prix : 

0,15 $ par action ordinaire



Bons de souscription :

1 052 996 bons de souscription permettant de souscrire à 1 052 996 actions ordinaires


Prix d'exercice des bons : 

0,20 $ par action jusqu'au 21 avril 2020


Nombre de souscripteurs : 

6 souscripteurs

Participation initié / Groupe Pro :

Nom 

Initié = Y /
Groupe Pro = P

Nombre

d'actions

9288-1846 Québec Inc. (Hubert Vallée)

Y

35 000

Stéphane Leblanc

Y

558 000

Honoraire d'intermédiation : 

Un intermédiaire a reçu 951,75 $ en espèces

La société a confirmé la clôture du placement privé en vertu de communiqués de presse datés du 21 avril 2017 et 4 mai 2017.

_____________________________________

LATTICE BIOLOGICS INC. ("LBL")
BULLETIN TYPE:  Shares for Services
BULLETIN DATE: May 17, 2017
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 62,440 shares at a deemed price of $0.194 per share, in consideration of certain services provided to the company during March and April 2017  pursuant to  a shares for services agreement dated May 23, 2016.

The Company shall issue a news release when the shares are issued.

________________________________________

MERIDIAN MINING SOCIETAS EUROPEA ("MNO")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 17, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 28, 2017:

Number of Shares: 

12,734,500 shares


Purchase Price: 

$0.40 per share


Warrants: 

12,734,500 share purchase warrants to purchase 12,734,500 shares


Warrant Exercise Price:  

$0.65 for a two year period


Number of Placees:

14 Placees

Insider / Pro Group Participation:

Name 

Insider=Y /
ProGroup=P

# of Shares



Sentient Global Resources Fund IV L.P.

Y  

10,284,000

Stefano Haver

Y 

50,000

Finder's Fee:  

Paradigm Capital Inc.$24,000 cash and 60,000 compensation options payable.  Each compensation option is exercisable into one common share and one share purchase warrant, which is exercisable into one common share at $0.65 for two years from closing.

William Pfaffenberger $1,200 cash payable.

Jeffrery Patrick $2,000 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.]

________________________________________

NORTHERN EMPIRE RESOURCES CORP. ("NM")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  May 17, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 15, 2017 and March 29, 2017:

Convertible Debenture 

$5,193,000


Conversion Price:

Convertible into units consisting of one common share and one half common share purchase warrant at $0.33 for a one year period.



Maturity date: 

The earlier of (i) July 30, 2017 and (ii) the third business day following the issuance of a receipt for the final short-form prospectus qualifying the securities underlying the notes.


Warrants

Each full warrant will be exercisable into one common share at the price of $0.33 for two years from closing.


Interest rate: 

N/A

Number of Placees:

123 Placees

Insider / Pro Group Participation:

Name 

Insider=Y /
ProGroup=P

# of Shares



Michael Allen 

Y  

120,000

Douglas Hurst 

Y

1,200,000

Aggregate Pro Group Involvement 

P      

2,148,000

  [20 Placees]

Finder's Fee: 

Canccord Genuity Corp. $21,480 cash and 1,084,848 agent's options payable.

PI Financial Corp. $14,100 cash and 712,121 agent's options payable.

Haywood Securities Inc. $76,650 cash and 3,871,212 agent's options payable.

Mackie Research Capital Corporation $5,130 cash and 259,091 agent's options payable.

Leede Jones Gable Inc. $54,600 cash and 2,757,578 agent's options payable.

Richardson GMP Limited $1,050 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.]

________________________________________

ORGANTO FOODS INC. ("OGO")
BULLETIN TYPE:  Correction
BULLETIN DATE:  May 17, 2017
TSX Venture Tier 2 Company

CORRECTION:

Further to the TSX Venture Exchange Bulletin dated May 10, 2017, the Bulletin should have read as follows:

To settle outstanding debt for $62,500.

________________________________________

RENAISSANCE GOLD INC. ("REN")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 17, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Feb 20, 2017:

Number of Shares:  

3,833,333 shares


Purchase Price: 

$0.33 per share


Number of Placees:  

1 Placee

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.

________________________________________

SKYHARBOUR RESOURCES LTD. ("SYH")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 17, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 16, 2017:

Number of FT Shares:  

1,000,000 flow through shares


Purchase Price:   

$0.60 per flow through share


Number of Placees: 

1 Placee

Finder's Fee:

EMD Financial Inc. 

$42,000.00 cash; 70,000 warrants                      

Finder Warrant Initial Exercise Price:

$0.75

Finder Warrant Term to Expiry:

2 year 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.

________________________________________

TRANSATLANTIC MINING CORP. ("TCO")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 17, 2017
TSX Venture Tier 2 Company

Effective at 11:54 a.m. PST, May 17, 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.

________________________________________

TRAVERSE ENERGY LTD. ("TVL")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 17, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 26, 2017:

Number of Shares: 

1,937,550 common shares issued on a flow-through basis eligible for the renunciation of Canadian exploration expenses within the meaning of the Income Tax Act (Canada) ("CEE Shares")

1,937,550 common share units ("Units")

Each Unit consists of one common share and one-half of one common share purchase warrant

1,151,250 flow-through units ("CDE Units")

Each CDE Unit consists of one common share issued on a flow-through basis eligible for the renunciation of Canadian development expenses within the meaning of the Income Tax Act (Canada) and one common share purchase warrant


Purchase Price:  

$0.42 per CEE Share

$0.38 per Unit

$0.40 per CDE Unit


Warrants:

2,120,025 share purchase warrants to purchase 2,120,025 shares


Warrant Exercise Price: 

$0.50 for a one year period


Number of Placees:

24 Placees

Insider / Pro Group Participation:

Name 

Insider=Y /
ProGroup=P

# of Shares



David van der Lee  

Y 

250,000 shares


156,250 warrants

LJS Investments

(Laurie Smith) 

Y  

312,500 shares


312,500 warrants

Robert Libin           

Y  

125,000 shares


125,000 warrants

David Erickson     

Y 

45,000 shares


45,000 warrants

Adam Wells

Y 

40,000 shares


40,000 warrants

Aggregate Pro Group Involvement       

P  

200,000 shares

  [1 Placee]  


200,000 warrants

Finder's Fee:  

$61,500 cash payable to Acumen Capital Finance Partners Limited

$19,500 cash payable to Canaccord Genuity Inc.

$12,000 cash payable to National Bank Financial Inc.

 

________________________________________

VANADIUMCORP RESOURCE INC. ("VRB")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 17, 2017
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 6, 2017:

Number of Shares: 

13,418,699 shares


Purchase Price: 

$0.06 per share


Warrants:  

13,418,699 share purchase warrants to purchase 13,418,699 shares


Warrant Exercise Price:    

$0.10 for a two year period


Number of Placees:  

21 Placees

 

________________________________________

ZAZU METALS CORPORATION ("ZAZ")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  May 17, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 27, 2017:

Convertible Debenture  

US$1,500,000


Conversion Price

Convertible into shares at US$0.22 (CDN$0.299) of principle per share until maturity


Maturity Date  

two years from issuance


Interest Rate  

5% per annum


Number of Placees: 

1 Placee

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.

________________________________________

NEX COMPANIES

FORRESTER METALS INC. ("VEM.H")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE: May 17, 2017 
NEX Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 8,597,288 shares to settle outstanding debt for $1,074,661.

Number of Creditors: 

5 Creditors

Insider / Pro Group Participation:



Creditor   

Insider=Y /
Progroup=P      

Amount  
Owing   

Deemed Price
per Share

# of Shares





Dennis Gibson  

Y    

$144,000

$0.125

1,152,000

Charlotte May    

Y  

$36,000

$0.125

288,000

Martin Walter  

Y 

$168,000

$0.125

1,344,000

William Williams 

Y  

$164,736

$0.125

1,317,888

The Company shall issue a news release when the shares are issued and the debt extinguished.

________________________________________

SABLE RESOURCES LTD. ("SAE.H")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE: May 17, 2017
NEX Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,900,000 shares at a deemed price of $0.15 per share to settle outstanding debt for $285,000.

Number of Creditors:

2 Creditors

Insider / Pro Group Participation:



Creditor 

Insider=Y /
Progroup=P     

Amount  
Owing

Deemed Price
per Share

# of Shares





Cangaroo Capital Corp.



  (Terence Harbort)  

Y  

$90,000

$0.15

600,000

The Company shall issue a news release when the shares are issued and the debt extinguished.

________________________________________

SOURCE TSX Venture Exchange

Market Information Services at 1-888-873-8392, or email: [email protected]

Organization Profile

TSX Venture Exchange