TSX Venture Exchange Daily Bulletins

VANCOUVER, June 30, 2017 /CNW/ -

TSX VENTURE COMPANIES

CLEARFORD WATER SYSTEMS INC. ("CLI")
BULLETIN TYPE:  Property-Asset or Share Disposition Agreement
BULLETIN DATE:  June 30, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation relating to Option Agreements (the "Agreements") dated June 21, 2017 between two non-arm's length parties (the "Optionees") and Clearford Water Systems Inc. (the "Company").  Pursuant to the Agreements, the Company shall issue an aggregate of 480,000 options to the Optionees to acquire shares in UV Pure Technologies Inc., a wholly-owned subsidiary of the Company.

As consideration, each option is exercisable at a price of $0.295 until December 19, 2019.

For more information please refer to the Company's news release dated June 22, 2017 and the Company's Management Information Circular filed on May 25, 2017 available under the Company's SEDAR profile.

________________________________________

FAIRMONT RESOURCES INC. ("FMR")
BULLETIN TYPE:  Halt
BULLETIN DATE:  June 30, 2017
TSX Venture Tier 2 Company

Effective at 5:00 a.m. PST, June 30, 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.

________________________________________

GROUP TEN METALS INC. ("PGE")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE: June 30, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing an option agreement dated June 23, 2017 (the 'Agreement') between the Company and Picket Pin Resources LLC (Justin Modroo) (the 'Optionor'). Pursuant to the terms of the Agreement, the Company may acquire the Stillwater Project in Montana (the 'Property'). By way of consideration and in order to earn a 100% interest in the Property, the Company will make cash payments totalling US$40,000 in stages, make advance royalty payments of US$95,000 and will issue 3,600,000 shares at a deemed price of $0.135 per share. The Company has also committed to complete US$150,000 of work expenditures on this or any other of the Company's properties by September 2020 in order to earn a 100% interest in the Property. The Property is subject to a 2% NSR in favour of the Optionor, of which the Company may repurchase 1% for US$2,000,000. The Company will also make annual royalty payments of US$50,000 per annum to the Optionor, commencing on or before May 31, 2020 and continuing each year thereafter until commencement of commercial production.

Please refer to the Company's news release dated June 26, 2017 for further details.

________________________________________

IDENTILLECT TECHNOLOGIES CORP. ("ID")
BULLETIN TYPE:  Warrant Price Amendment
BULLETIN DATE: June 30, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the temporary reduction in the exercise price of the following warrants:

Private Placement:

# of Warrants:

11,516,667 warrants

Expiry Date of Warrants:

January 25, 2018

Original Exercise Price of Warrants:

$0.15

New Exercise Price of Warrants:

$0.10 until July 18, 2017. The exercise price returns to $0.15
after July 18, 2017 and remains at $0.15 until expiry.

 

These warrants were issued pursuant to a private placement of 23,033,334 shares with 11,516,667 share purchase warrants attached, which was accepted for filing by the Exchange effective February 15, 2017.

Private Placement:

# of Warrants:

4,850,000 warrants

Expiry Date of Warrants:

November 17, 2017

Original Exercise Price of Warrants:

$0.40

New Exercise Price of Warrants:

$0.10 until July 18, 2017. The exercise price returns to $0.40
after July 18, 2017 and remains at $0.40 until expiry.

 

These warrants were issued by the Company as replacement warrants in lieu of warrants received in a private company financing and issued in conjunction with Company's reverse takeover transaction which was accepted for filing by the Exchange effective May 24, 2016.

________________________________________

IMMUNOPRECISE ANTIBODIES LTD. ("IPA")
BULLETIN TYPE:  Halt
BULLETIN DATE:  June 30, 2017
TSX Venture Tier 2 Company

Effective at 11:08 a.m. PST, June 30, 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.

________________________________________

KINGSLAND ENERGY CORP ("KLE")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  June 30, 2017April 11, 2012
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 800,000 shares to settle outstanding debt for $40,000 in relation to loan interest with Polyland Energy Corp.

Number of Creditors:

1  Creditors                                                                                           



Insider / Pro Group Participation:

None

 

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

________________________________________

LSC LITHIUM CORPORATION ("LSC")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  June 30, 2017
TSX Venture Tier 2 Company

This is to confirm that TSX Venture Exchange has accepted for filing a Share Purchase Option Agreement dated November 23, 2016, as amended, between, LitheA Inc., BMC Global Ltd., its parent company BMC Holdings Ltd., its beneficial shareholder Ho Sok Lim and LSC Lithium Inc. - a wholly-owned subsidiary of LSC Lithium Corporation (the "Company"), whereby the Company has (through its subsidiary) acquired all of the issued and outstanding shares of LitheA Inc. for an aggregate purchase price of approximately US$44.0 million.

The aggregate purchase price was satisfied through the issuance of 31,203,355 common shares of the Company and the payment of US$12,859,848 in cash. 

In accordance with the terms of the Share Purchase Option Agreement and Put-Call Agreement, the purchase price was satisfied by:

  • US$9,947,811 cash payment to BMC Global Ltd.;
     
  • US$1,466,973 offset of principal and accrued interest on indebtedness owed to the Company by BMC Holdings;
     
  • 5,181,347 common shares of the Company issued to Enirgi Group Corporation at a price of $0.965 per share;
     
  • 22,909,975 common shares of the Company issued to BMC Global Ltd. at a price of $0.964 per share;

  • US$2,912,037 cash payment to Mr. Lim; and
     
  • 3,112,033 common shares of the Company issued to Mr. Lim at a price of $0.964 per share.

The consideration paid to Mr. Lim was made in exchange for the assignment by Mr. Lim to LSC Lithium Inc. of a loan in the amount of $5.5 million, bearing interest at a rate of 12% per annum and owing by LitheA Inc.

For further details, please refer to the Company's filing statement dated January 27, 2017 and news releases dated March 15, 2017, April 10, 2017 and June 30, 2017.

                                        ________________________________________

Namibia Rare Earths Inc. ("NRE")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: June 30, 2017
TSX Venture Tier 2 Company

The common shares of Namibia Rare Earths Inc. (the "Company") will be listed and admitted to trading on TSX Venture Exchange, on the effective dates stated below.

Listing Date:

At the close of business (5:01 p.m. EDT) on Friday, June 30, 2017.



Commence Date: 

The common shares will commence trading on TSX Venture Exchange at the opening on Tuesday, July 4, 2017.

 

Please note that the common shares of the Company (Symbol: NRE) will be delisted from Toronto Stock Exchange at the close of business on Friday, June 30, 2017, and will be listed on TSX Venture Exchange at the same time.

Corporate Jurisdiction:

Canada



Capitalization:

Unlimited common shares without nominal value of which


83,703,500 common shares are issued and outstanding



Escrow shares:

Nil shares



Transfer Agent:

Computershare Investor Services Inc. in Halifax and Toronto

Trading Symbol:

NRE

CUSIP Number:

62986A105

 

The Company is classified as a "All Other Metal Ore Mining" issuer (NAICS Number: 212299). For further information, please refer to the Company's continuous disclosure information available on SEDAR.

Company Contact:

Ms. Janice Stairs, Corporate secretary

Company Address:

1597, Bedford Highway, Suite 306, Royal Bank Building,
Halifax, Nova Scotia, B4A 1E7

Company Phone Number:

(902) 835-8760

Company Fax Number:

(902) 835-8761

Company Email Address:

info@namibiaree.com

Company Web site:

www.namibiarareearths.com

 

____________________________________

NOVA LEAP HEALTH CORP. ("NLH")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  June 30, 2017
TSX Venture Tier 2 Company

Effective at 9:45 a.m. PST, June 30, 2017, shares of the Company resumed trading, an announcement having been made.

________________________________________

PENNINE PETROLEUM CORPORATION ("PNN")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE: June 30, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the reduction in the exercise price of the following warrants:

# of Warrants:

30,512,500

Expiry Date of Warrants:

August 4, 2017

Original Exercise Price of Warrants:

$0.05

New Expiry Date of Warrants:

January 4, 2018

New Exercise Price of Warrants:

$0.05 (Unchanged)

 

These warrants were issued pursuant to a private placement of 30,712,500 shares with 30,712,500 share purchase warrants attached, which was accepted for filing by the Exchange effective August 17, 2016.

________________________________________

PRIZE MINING CORP. ("PRZ")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  June 30, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation pursuant to an Option Agreement dated June 21, 2017 between Prize Mining Corp. (the "Company") and two Arms Length Parties (collectively, the "Vendors") whereby the Company will acquire a 100% interest in the Toughnut property, located in southeastern British Columbia, contiguous to the west side of the Company's Daylight property.  In aggregate, the Company will pay $150,000, issue 250,000 common shares and incur $750,000 of exploration expenditures over a five-year period.

Insider / Pro Group Participation:  None

________________________________________

PROFOUND MEDICAL CORP. ("PRN")
BULLETIN TYPE:  Halt
BULLETIN DATE:  June 30, 2017
TSX Venture Tier 1 Company

Effective at 5:00 a.m. PST, June 30, 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.

________________________________________

PROFOUND MEDICAL CORP ("PRN")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  June 30, 2017
TSX Venture Tier 1 Company

Effective at 7:15 a.m. PST, June 30, 2017, shares of the Company resumed trading, an announcement having been made.

________________________________________

PURE MULTI-FAMILY REIT LP ("RUF.U")("RUF.UN")("RUF.DB.U")
BULLETIN TYPE:  Prospectus-Unit Offering
BULLETIN DATE:  June 30, 2017May 11, 2001
TSX Venture Tier 1 Company

The Company has closed its financing pursuant to its Prospectus Supplement dated June 26, 2017 to a Short Form Base Shelf Prospectus dated February 21, 2017 which was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the securities commissions of each of the Provinces of British Columbia, Alberta, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, and Ontario, pursuant to the provisions of the applicable Securities Acts.

TSX Venture Exchange has been advised that closing occurred on June 30, 2017, for gross proceeds of CDN$92,014,950.

Underwriters:

CIBC World Markets Inc., Scotia Capital Inc., Canacord Genuity Corp., National Bank Financial Inc., RBC Dominion Securities Inc., Industrial Alliance Securities Inc., Raymond James Ltd., GMP Securities L.P., Laurentian Bank Securities Inc., Echelon Wealth Partners Inc. and Eight Capital



Offering:

10,281,000 Class A Units (comprised of the base offering of 8,940,000 Class A Units and 1,341,000 Class A Units issued pursuant to the over-allotment option)



Trust Unit Price:

CDN$8.95 per Class A Unit



Underwriter's Fee:

4% of the gross proceeds of the offering of the Class A Units.



Over-Allotment Option:

The Company granted the Underwriters an over-allotment option to purchase an additional 1,341,000 Class A Units at a price of CDN$8.95 per Class A Unit for a 30 day period from closing.




The over-allotment option was exercised in full

 

For further information, please refer to the Company's Prospectus Supplement dated June 26, 2017.

________________________________________

RED EAGLE EXPLORATION LIMITED ("XR")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  Jun 30, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Jun 23, 2017:

Number of Shares:

6,854,722 shares



Purchase Price:

$0.15 per share



Warrants:

6,854,722 share purchase warrants to purchase 6,854,722 shares



Warrant Initial Exercise Price:

$0.25



Warrant Term to Expiry:

5 Years



Number of Placees:

30 Placees



Insider / Pro Group Participation:



Name

Insider=Y /
Pro-Group=P

# of Shares

David Thomas

Y

100,000

Benjamin Pullinger

Y

133,333

Peter (Leo) Hathaway

Y

133,333

Red Eagle Mining Corporation

Y

350,000


(Ian Slater)







Finder's Fee:


Ian Worobetz

$1,260.00 cash

Rob Howard

$2,700.00 cash

Bernie DeGroot

$1,350.00 cash

Harry Jawanda

$900.00 cash

John Kirk

$1,800.00 cash

Sean Fahy

$1,800.00 cash

 

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.

________________________________________

ROUTEMASTER CAPITAL INC. ("RM")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  Jun 30, 2017
TSX Venture Tier 2 Company

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

Number of Shares:

3,846,153 shares



Purchase Price:

$0.13 per share



Warrants:

3,846,153 share purchase warrants to purchase 3,846,153 shares



Warrant Initial Exercise Price:

$0.20



Warrant Term to Expiry:

5 Years



Number of Placees:

2 Placees

 

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.

________________________________________

SANGOMA TECHNOLOGIES CORPORATION ("STC")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  June 30, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange (the "Exchange") has accepted for filing documentation pertaining to a Membership Interest Purchase Agreement dated June 20, 2017 (the "Agreement"), between Sangoma Technologies Corporation (the "Company") and several arm's-length parties (collectively, the "Vendors"), whereby the Company will acquire all of the membership interests of VoIP Supply LLC (the "Target") – a VoIP company located in Buffalo, New York.

As consideration for the Target, the Company will make an initial cash payment of US$3,000,000 and issue 993,627 common shares at a deemed value of CDN$0.80 per share to the Vendors.

Under the terms of the Agreement, the Company may also be obligated to pay up to an additional US$400,000 if certain milestones are achieved in the first year post closing.

For further details, please refer to the Company's news release dated June 20, 2017.

                                           ________________________________________

STT ENVIRO CORP. ("STT")
BULLETIN TYPE:  Delist
BULLETIN DATE:  June 30, 2017
TSX Venture Tier 2 Company

Effective at the closing on Friday, June 30, 2017, the common shares will be delisted from TSX Venture Exchange at the request of the company.

________________________________________

TEKMODO INDUSTRIES INC. ("TEK")
BULLETIN TYPE:  Halt
BULLETIN DATE:  June 30, 2017
TSX Venture Tier 2 Company

Effective at 5:00 a.m. PST, June 30, 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.

________________________________________

UNISERVE COMMUNICATIONS CORPORATION ("USS")
BULLETIN TYPE:  Amendment
BULLETIN DATE:  June 30, 2017
TSX Venture Tier 1 Company

AMENDMENT:
Further to the TSX Venture Exchange Bulletin dated June 1, 2017, the Exchange has accepted an amendment with respect to a Consolidation effective June 30, 2017 to reflect Exchange acceptance to issuance of 6,000,000 pre consolidation shares pursuant to Exchange bulletin dated June 28, 2017:

Post - Consolidation



Capitalization:

unlimited

shares with no par value of which


35,951,237

shares are issued and outstanding

Escrow

nil

shares are subject to escrow

________________________________________

NEX COMPANIES

BUTTE ENERGY INC. ("BEN.H")
BULLETIN TYPE:  Halt
BULLETIN DATE:  June 30, 2017
NEX Company

Effective at 6:00 a.m. PST, June 30, 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.

________________________________________

CERRO MINING CORP. ("CRX.H")
BULLETIN TYPE:  Consolidation
BULLETIN DATE:  June 30, 2017April 11, 2012
NEX Company

Pursuant to a resolution passed by directors of the Corporation on May 3, 2017, the Company has consolidated its capital on a five (5) old for one (1) new basis. 

Effective at the opening Wednesday July 5, 2017, the common shares of the Company will commence trading on TSX Venture Exchange, on a consolidated basis.  The Company is classified as a 'Mineral Exploration/Development' company.

Post - Consolidation



Capitalization:

Unlimited

shares with no par value of which


3,456,500

shares are issued and outstanding




Escrow:

Nil Common Shares


Nil Performance Warrants



Transfer Agent:

Computershare Investor Services Inc

Trading Symbol:

CRX.H

CUSIP Number:

156874208 (new)

________________________________________ 

CONTINENTAL PRECIOUS METALS INC. ("CZQ.H")
[formerly Continental Precious Metals Inc. ("CZQ")]
BULLETIN TYPE:  Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE:  June 30, 2017
NEX Company

The Company has not maintained the requirements for a TSX listed company.  Therefore, effective at the open on Tuesday, July 4, 2017, the Company's listing will transfer to NEX and the Filing and Service Office will change from Toronto to NEX.

As of July 4, 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 CZQ to CZQ.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 TSX symbols within the TSX market.

Please refer to the Company's press release dated June 26, 2017 for further information.

_______________________________________

PRIME CITY ONE CAPITAL CORP. ("PMO.H")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: June 30, 2017
NEX Company

Effective at the opening, Tuesday, July 4, 2017, the securities of Prime City One Capital Corp. (the "Company") will resume trading.  Further to the Exchange Bulletin dated November 15, 2016, a news release was issued on June 14, 2017, announcing that the Company will not be proceeding with its proposed acquisition.  The transaction contemplated would have constituted a Reverse Takeover as defined under Exchange Policy 5.2.

______________________________________

STEM 7 CAPITAL INC. ("STS.H")
BULLETIN TYPE:  Remain Halted
BULLETIN DATE:  June 30, 2017
NEX Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated June 26, 2017, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Fundamental Acquisition pursuant to Listings Policy 5.6(d) of Exchange Policy 5.3.

This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange, pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.

________________________________________

SOURCE TSX Venture Exchange

For further information: Market Information Services at 1-888-873-8392, or email: information@venture.com


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