VANCOUVER, July 18, 2017 /CNW/ -
TSX VENTURE COMPANIES
ACKROO INC. ("AKR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 18, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 30, 2017:
| Number of Shares: |
11,575,364 shares |
| Purchase Price: |
$0.055 per share |
| Warrants: |
11,575,364 share purchase warrants to purchase 11,575,364 shares |
| Warrant Exercise Price: |
$0.10 for a 60 month period. The warrants are subject to an accelerated exercise provision in the event the closing price of the Company's shares is $0.20 or greater for 30 consecutive trading days. |
| Number of Placees: |
16 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
| Steve Levely |
Y |
1,364,000 |
| Arjun Kolachalam |
Y |
3,636,364 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release dated July 10, 2017 announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
________________________________________
ALTAIR RESOURCES INC. ("AVX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 18, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing an assignment and assumption agreement dated May 17, 2017 (the "Agreement") between Altair Resources Inc. ("Altair") and International Silver, Inc. ("ISI") under which Altair has acquired a lease and option to purchase (the "Lease/Option") over the Prince zinc-lead-silver-manganese Mine (the "Prince Mine") located in Nevada. The Lease/Option was originally held by ISI, a private Arizona corporation pursuant to a lease and option to purchase agreement dated November 6, 2010 between ISI and Prince Mine LLC, a private Nevada corporation ("Prince"). Under the original agreement, ISI leased the project at a cost of US$50,000 per year with an option to purchase the mine for US$2,750,000 (with previous lease payments being applied to the purchase price).
Under the terms of the Agreement the Lease/Option will be assigned to Altair in consideration of Altair:
- paying Prince US$200,000 representing unpaid lease payments for 2013-2016, by November 2017; and
- completing reclamation of drill sites cleared in 2012 (cost estimated at less than US$20,000).
The Lease/Option will be extended to November 1, 2022. Once assigned, the Lease/Option will continue in effect with annual lease payments of US$50,000 with an option to purchase the Prince Mine at any time in consideration of US$2,750,000 (less previous lease payments).
For further information, see Altair's news release dated May 25, 2017 which is available under Altair's profile on SEDAR.
________________________________________
AMARC RESOURCES LTD. ("AHR")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: July 18, 2017
TSX Venture Tier 1 Company
The TSX Venture Exchange Inc. (the "Exchange") has accepted documentation in connection with a Mineral Property Farm-In Agreement (the "Agreement") with Hudbay Minerals Inc. ("Hudbay") (TSX: HBM; NYSE: HBM). Under the terms of the Agreement, Hudbay may acquire, through a staged investment process, up to a 60% ownership interest in Amarc's 100%-owned IKE copper porphyry district (the "IKE Project" or the "Project"), located near Gold Bridge, British Columbia.
Under the terms of the Agreement, Hudbay can earn an initial 49% ownership interest in the IKE Project under a Stage 1 Farm-in Right by funding $25 million of expenditures before December 31, 2020, of which $3.3 million is committed for 2017. Provided its Stage 1 Farm-in Right is exercised, Hudbay can, pursuant to a Stage 2 Farm-in Right, elect to earn an additional 1% interest in the Project (for a total 50% interest), by funding $15 million of expenditures (for a total of $40 million), also before December 31, 2020. Stage 1 and Stage 2 Farm-in expenditures can be accelerated by Hudbay at its discretion. Amarc will be the operator during the Stage 1 and Stage 2 periods. A Joint Venture ("JV") will be formed when Hudbay has acquired a 49% interest in the Project. Provided that Hudbay has exercised its Stage 2 Farm-in Right and acquired a 50% interest in the IKE Project, it can then elect to go forward via one of two paths.
First, Hudbay can replace Amarc as operator of the JV after it funds all project expenditures and completes a Feasibility Study for the IKE Project by December 31, 2025. Having gained operatorship, Hudbay can then choose to either go forward with Amarc in a 50/50 participating JV, or can instead elect to continue with its Farm-in (the "Stage 3 Farm-in Right") to acquire an additional 10% interest in the IKE Project (for a total 60% interest). To exercise its Stage 3 Farm-in Right, Hudbay must fund all expenditures required to submit a British Columbia Environment Assessment ("EA") application for the IKE Project and, if applicable, a Canadian EA application, with the application(s) being accepted for review by December 31, 2026. In addition, Hudbay must also continue to fund all project expenditures until the necessary EA Certificate(s) are received. Following receipt of the EA Certificate(s), all IKE Project expenditures going forward will be shared by Hudbay and Amarc on a pro rata basis (Hudbay 60%/Amarc 40%) under the JV.
As a second alternative path Hudbay can elect, after exercising its Stage 2 Farm-in Right, to proceed directly to the Stage 3 Farm-in Right, so immediately becoming the operator, and acquire a further 10% interest (for a total 60% interest) by, as above, submitting and having accepted for review a British Columbia EA application and, if applicable, a Canadian EA application, by December 31, 2026. Again in this instance, Hudbay must also fund all project expenditures until receipt of the necessary EA Certificate(s). As with the first path, following receipt of the EA Certificate(s), all IKE Project expenditures going forward will be shared by Hudbay and Amarc on a pro rata basis (Hudbay 60%/Amarc 40%) under the JV.
If Hudbay does not submit the EA application(s) by December 31, 2026, then Amarc will become operator again.
Hudbay has the right to defer either of its 2019 or 2020 expenditures, for a one-year period, subject to certain conditions. If this deferral occurs, Amarc will have a "co-expenditure right", whereby it can incur and fund approved additional expenditures on the IKE Project up to the amount of the deferred expenditures. Hudbay may elect to reimburse Amarc for these additional expenditures, thereby retaining its interest in the Project.
For further information see Amarc's news release dated July 5, 2017 which is available under Amarc's profile on SEDAR.
Insider / Pro Group Participation: Nil
________________________________________
ANFIELD RESOURCES INC. ("ARY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 18, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 30, 2017:
| Number of Shares: |
52,124,349 shares |
| Purchase Price: |
$0.06 per share |
| Warrants: |
52,124,349 share purchase warrants to purchase 52,124,349 shares |
| Warrant Exercise Price: |
$0.10 for a five year period |
| Number of Placees: |
26 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
| Corey Dias |
Y |
2,000,000 |
| Joshua Bleak |
Y |
2,000,000 |
| Finder's Fee: |
Leede Jones Gable Inc. - $2,100.00 and 35,000 share purchase warrants exercisable into common shares at $0.10 per share for a 60 month period. |
| Canaccord Genuity Corp. - $16,056.60 and 267,610 share purchase warrants exercisable into common shares at $0.10 per share for a 60 month period. |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issue a news release dated July 18, 2017 announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
________________________________________
BWR EXPLORATION INC. ("BWR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 18, 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:
| Number of Shares: |
4,250,000 flow-through shares and |
| 7,285,500 non flow-through shares |
|
| Purchase Price: |
$0.06 per flow-through share |
| $0.05 per non flow-through share |
|
| Warrants: |
9,410,500 share purchase warrants to purchase 9,410,500 shares |
| Warrant Exercise Price: |
$0.10 for a two year period (2,125,000 warrants) |
| $0.075 for a two year period (7,285,500 warrants) |
|
| Number of Placees: |
42 Placees |
| Finder's Fee: |
An aggregate of $28,862 in cash and 516,840 finders' warrants payable to Leede Jones Gable Inc., Foster & Associates Financial Services Inc., Industrial Alliance Securities Inc., Raymond James Ltd., Hampton Securities Limited and Echelon Wealth Partners Inc. Each finder's warrant entitles the holder to acquire one common share at $0.10 for a two year period. |
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.
For further details, please refer to the Company's news releases dated March 30, 2017 and April 10, 2017.
____________________________________
CALIFFI CAPITAL CORP. ("CFI.P")
BULLETIN TYPE: New Listing-CPC-Shares, Halt
BULLETIN DATE: July 18, 2017
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Prospectus dated May 26, 2017 has been filed with and accepted by TSX Venture Exchange and the British Columbia Securities Commission effective May 30, 2017, pursuant to the provisions of the British Columbia Securities Act. The Common Shares of the Company will be listed on TSX Venture Exchange on the effective date stated below.
The Company intends to complete its initial distribution of securities to the public. The gross proceeds to be received by the Company for the Offering will be $500,000 (5,000,000 common shares at $0.10 per share).
| Commence Date: |
At the opening Wednesday, July 19, 2017, the Common shares will be listed and immediately halted on TSX Venture Exchange. |
The closing of the public offering is scheduled to occur on Wednesday, July 19, 2017. A further notice will be issued upon receipt of closing confirmation and the trading halt will be lifted.
| Corporate Jurisdiction: |
British Columbia |
|
| Capitalization: |
unlimited |
common shares with no par value of which |
| 15,000,000 |
common shares are issued and outstanding |
|
| Escrowed Shares: |
10,000,000 |
common shares |
| Transfer Agent: |
Computershare Investor Services Inc. |
|
| Trading Symbol: |
CFI.P |
|
| CUSIP Number: |
13003R100 |
|
| Agent: |
PI Financial Corp. (Vancouver) |
|
| Agent's Options: |
500,000 non-transferable options. Each option allows the holder to purchase one share at $0.10 per share for up to two years. |
|
For further information, please refer to the Company's Prospectus dated May 26, 2017.
| Company Contact: |
Alfredo de Lucrezia, President and CEO |
| Company Address: |
423 East 10th Street, North Vancouver, B. C. V7L 2E5 |
| Company Phone Number: |
604-619-0225 |
| Company Fax Number: |
604-980-6264 |
| Company Email Address: |
________________________________________
CHEETAH CANYON RESOURCES CORP. ("CHTA")
[formerly Cardiff Energy Corp. ("CRS")]
BULLETIN TYPE: Name Change
BULLETIN DATE: July 18, 2017
TSX Venture Tier 2 Company
Pursuant to a resolution passed by the directors on June 30, 2017, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening on July 19, 2017, the common shares of Cheetah Canyon Resources Corp. will commence trading on TSX Venture Exchange, and the common shares of Cardiff Energy Corp. will be delisted. The Company is classified as an 'Oil and Gas' company.
| Capitalization: |
Unlimited |
shares with no par value of which |
| 17,367,170 |
shares are issued and outstanding |
|
| Escrow: |
Nil |
| Transfer Agent: |
TSX Trust Company |
|
| Trading Symbol: |
CHTA |
(new) |
| CUSIP Number: |
16308A102 |
(new) |
________________________________________
CLAIM POST RESOURCES INC. ("CPS")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture
BULLETIN DATE: July 18, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 17, 2017:
| Convertible Debenture: |
$3,093,000 |
| Conversion Price: |
On redemption or maturity, the Issuer may, at its option elect to satisfy the obligation to pay all or any portion of the principal and/or accrued and unpaid interest by issuing and delivering common shares ("Shares") to the holders of the Debentures at a deemed price of $0.055 per Share. If the issuer elects to exercise this option, it shall as applicable, deliver a redemption notice or maturity notice to the holders of Debentures providing not less than thirty (30) business days and not more than sixty (60) business days advance written notice, in the manner provided in the Debenture certificate, to the holders of the Debentures. |
| The principal amount of some or all of the Debentures and accrued Interest thereon is convertible into Shares, at the holder's option, at a price of $0.055 per Share, subject to adjustments, any time prior to the earlier of (a) the maturity date; and (b) the business day immediately preceding the date specified by the issuer for redemption of the debentures. |
|
| If a change of control occurs prior to the Maturity Date and the project finance date, the corporation will repay in cash upon the closing of such Change of Control all outstanding principal and accrued interest under each Debenture plus a change of control premium, equal to either (i) an additional 5% of the outstanding principal sum, if the change of control is within 6 months of the closing date, or (ii) an additional 3% of the outstanding principal amount if the change of control occurs after 6 months from the closing date. Prior to the date of the closing of a change of control, in lieu of repayment as set forth in the preceding sentence, the holder has the right to elect in writing, to convert, effectively immediately prior to the effective date of such change of control, all outstanding principal and accrued interest under the debentures into common shares at the conversion price. |
|
| The Issuer may, at any time following the date on which the Corporation completes a financing of at least $2 million for the purposes of developing the Corporation's Seymourville Silica Sand Project ('Redemption Date'), at its option, redeem for the cash redemption amount, all or any portion of the principal and accrued interest thereon, upon not less than 30 days and not more than 60 days prior written notice to redeem the Debentures. Upon redemption of the Notes in this manner, all amounts payable by the Issuer shall be paid in cash on the redemption date. The cash redemption amount is equal to all outstanding principal and accrued interest under each debenture plus a redemption premium equal to either: (i) an addition 5% of the outstanding principal sum if the redemption date occurs within 6 months from closing date, or (ii) an additional 3% of the outstanding principal amount if the Redemption Date occurs after six months from the closing date but prior to maturity date. |
|
| Maturity date: |
June 21, 2018 |
| Interest rate: |
Annual interest rate of 10%, compounded quarterly and payable in arrears on the maturity date. No interest will be paid until that date. |
| Number of Placees: |
35 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
$ of Debentures |
| Lowell Edward |
Y |
310,000 |
| John Assman |
Y |
250,000 |
| Charles Gryba |
Y |
74,000 |
| Richard Williams |
Y |
21,000 |
| David John Wilson |
Y |
450,000 |
| Agent's Fee: |
None |
________________________________________
COLIBRI RESOURCE CORPORATION ("CBI")
BULLETIN TYPE: Property-Asset or Share Acquisition Agreement
BULLETIN DATE: July 18, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing a share exchange agreement among Colibri Resource Corporation ("Colibri"), Canadian Gold Resources Ltd. ("CGR") and Ontop Capital Limited ("Ontop") pursuant to which Colibri will acquire all of the issued and outstanding shares of CGR from Ontop (the "Transaction"). As consideration for the Transaction, Colibri will issue an aggregate of 24,242,425 common shares (for a total of $4,000,000) to Ontop.
CGR owns 100% of the right, title and interest in Minera Bestep S.A. de C.V. ("Bestep"), a private Mexican company. Bestep holds 100% of the right, title and interest in the Pilar Gold Project and the Sun Project. Both properties are near Suaqui Grande, Sonora Mexico.
Insider / Pro Group Participation: Ronald Goguen is a director and officer of Colibri and Ontop.
For further information, please see Colibri's news release dated December 16, 2016 which is available under Colibri's profile on SEDAR.
________________________________________
ECO (ATLANTIC) OIL & GAS LTD. ("EOG")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: July 18, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 62,500 common shares pursuant to an advisory agreement between the Company and an arm's length party.
For further details, please refer to the Company's news release dated June 8, 2017.
________________________________________
EMX ROYALTY CORPORATION ("EMX")
[formerly Eurasian Minerals Inc. ("EMX")]
BULLETIN TYPE: Name Change
BULLETIN DATE: July 18, 2017
TSX Venture Tier 1 Company
Pursuant to a resolution passed by the directors on March 27, 2017, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening on July 19, 2017, the common shares of EMX Royalty Corporation will commence trading on TSX Venture Exchange, and the common shares of Eurasian Minerals Inc. will be delisted. The Company is classified as a 'Mining Exploration' company.
| Capitalization: |
Unlimited |
shares with no par value of which |
| 79,411,314 |
shares are issued and outstanding |
|
| Escrow: |
Nil |
shares |
| Transfer Agent: |
Computershare Investor Services Inc. |
|
| Trading Symbol: |
EMX |
(UNCHANGED) |
| CUSIP Number: |
26873J107 |
(new) |
________________________________________
FIRST GROWTH HOLDINGS LTD. ("FGH")
BULLETIN TYPE: Suspend
BULLETIN DATE: July 18, 2017
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated July 14, 2017, 2017 and the Company's press release dated July 17, 2017, effective at the opening Wednesday, July 19, 2017, trading in the shares of the Company will suspended for failure to maintain Exchange requirements.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
TSX-X
________________________________________
GREENBRIAR CAPITAL CORP ("GRB")
BULLETIN TYPE: Halt
BULLETIN DATE: July 18, 2017
TSX Venture Tier 2 Company
Effective at 9:46 a.m. PST, July 18, 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.
________________________________________
GREENBRIAR CAPITAL CORP. ("GRB")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: July 18, 2017
TSX Venture Tier 2 Company
Effective at 11:30 a.m. PST, July 18, 2017, shares of the Company resumed trading, an announcement having been made.
________________________________________
HAPPY CREEK MINERALS LTD. ("HPY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 18, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 30, 2017:
| Number of Shares: |
6,791,153 flow through shares and 6,240,035 non-flow through shares |
| Purchase Price: |
$0.26 per flow through share and $0.20 per non-flow through share |
| Number of Placees: |
59 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
|
| David Blann |
Y |
150,000FT |
|
| Walter Segsworth |
Y |
400,000FT |
|
| Michael Cathro |
Y |
100,000NFT |
|
| Rodger Gray |
Y |
115,035NFT |
|
| Aggregate Pro Group Involvement |
P |
550,000NFT |
|
| [4 Placees] |
|||
| Finder's Fee: |
$58,310 payable to PowerOne Capital Markets Limited, with 222,000 warrants exercisable at $0.30 for two years |
|
| $74,129.98 payable to Wellington-Altus Private Wealth Inc., with 295,269 warrants exercisable at $0.30 for two years |
||
The Company issued news releases on July 6, 2017 and July 12, 2017 confirming closing of the private placement.
________________________________________
JAXON MINERALS INC. ("JAX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 18, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 15, 2017 and July 10, 2017:
| Number of Shares: |
8,089,600 shares |
| Purchase Price: |
$0.25 per share |
| Warrants: |
8,089,600 share purchase warrants to purchase 8,089,600 shares |
| Warrant Exercise Price: |
$0.35 for a two year period |
| Number of Placees: |
41 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
|
| Aggregate Pro Group Involvement |
P |
305,000 |
|
| [3 Placees] |
|||
| Finder's Fee: |
$31,200 payable to Tieshi Mining Ltd. (Tieshi Li), with 124,800 warrants exercisable at $0.35 for two years |
| $1,200 payable to Fraser Fleming |
|
| 56,000 warrants issuable to Mackie Research Capital Corp., exercisable at $0.35 for two years |
|
| $1,500 payable to Integral Wealth Management, with 6,000 warrants exercisable at $0.35 for two years |
|
| $1,750 payable to Raymond James Ltd., with 7,000 warrants exercisable at $0.35 for two years |
|
| $8,050 payable to PI Financial Corp., with 32,200 warrants exercisable at $0.35 for two years |
|
| $2,000 payable to Ascenta Finance Corp., with 8,000 warrants exercisable at $0.35 for two years |
|
| $1,750 payable to Richard Hayward |
|
| $8,750 payable to Haywood Securities Inc., with 35,000 warrants exercisable at $0.35 for two years |
The Company issued a news release on July 18, 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.
________________________________________
LEAGOLD MINING CORPORATION ("LMC")
BULLETIN TYPE: Graduation
BULLETIN DATE: July 18, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has been advised that the Company's shares will be listed and commence trading on Toronto Stock Exchange at the opening on July 20, 2017, under the symbol "LMC".
As a result of this Graduation, there will be no further trading under the symbol "LMC" on TSX Venture Exchange after close of market July 19, 2017, and its shares will be delisted from TSX Venture Exchange at the commencement of trading on Toronto Stock Exchange.
________________________________________
LONESTAR WEST INC. ("LSI")
BULLETIN TYPE: Amalgamation, Delist
BULLETIN DATE: July 18, 2017
TSX Venture Tier 1 Company
Effective at the close of business, Tuesday, July 18, 2017, the common shares of Lonestar West Inc. ("Lonestar") will be delisted from TSX Venture Exchange. The delisting of the Company's shares results from a business combination between Lonestar and Clean Harbors, Inc.. – a NYSE listed company ("Clean Harbors"), pursuant to a three-cornered amalgamation under the Canada Business Corporations Act.
Under terms of the amalgamation, Lonestar shareholders will receive CDN$0.72 for each common share held.
As a result of the amalgamation, Lonestar will become a wholly-owned subsidiary of Clean Harbors.
For further details, please refer to the Company's Information Circular dated May 10, 2017 and news releases dated May 11, 2017, July 12, 2017 and July 17, 2017.
________________________________________
MEDX HEALTH CORP. ("MDX")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: July 18, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement (final tranche) announced March 9, 2017:
| Number of Shares: |
2,056,306 shares |
| Purchase Price: |
$0.12 per share |
| Warrants: |
2,056,306 share purchase warrants to purchase 2,056,306 shares |
| Warrant Exercise Price: |
$0.20 for a three year period |
| Number of Placees: |
13 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
|
| Aggregate Pro Group Involvement |
P |
325,000 |
|
| [1 Placee] |
|||
| Agent's Fee: |
An aggregate of $13,680 in cash and 114,005 broker warrants payable to Wildlaw Capital Markets Inc. and Altus Securities 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.
________________________________________
PEDIAPHARM INC. ("PDP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 18, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement as announced on May 15, 2017:
| Number of Shares: |
14,705,883 common shares |
| Purchase Price: |
$0.34 per common share |
| Warrants: |
7,352,941 warrants to purchase a maximum of 7,352,941 common shares |
| Warrant Exercise Price: |
$0.51 per share for a period of 36 months following the closing of the Private Placement |
| Number of Placees: |
1 Placee |
The Company has confirmed the closing of the above-mentioned Private Placement by way of a press release dated July 4, 2017.
PEDIAPHARM INC. (« PDP »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 18 juillet 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, tel qu'annoncé le 25 mai 2017 :
| Nombre d'actions : |
14 705 883 actions ordinaires |
| Prix : |
0,34 $ par action ordinaire |
| Bons de souscription : |
7 352 941 bons de souscription permettant de souscrire à 7 352 941 actions ordinaires |
| Prix d'exercice des bons : |
0,51 $ par action pour une période de 36 mois suivant la clôture du placement privé |
| Numéro de souscripteurs : |
1 souscripteur |
La société a confirmé la clôture du placement privé mentionné ci-dessus par communiqué de presse du 4 juillet 2017.
_______________________________________________
SAMA RESOURCES INC./RESSOURCES SAMA INC. ("SME")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 18, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has accepted for filing the documentation relating to a technology license agreement dated June 7, 2017 between CVMR Corporation ("CVMR") and the Company, whereby CVMR grants the Company the right to use of its technology to refine the mineralized material from the Samapleu property in Ivory Coast, West Africa, to produce nickel and iron powders, in consideration of $ 5,000,000 payable within 90 days of the granting of the mining license to the Company.
For further information, please refer to the Company's press releases dated June 8, 2017.
_____________________________
SMART EMPLOYEE BENEFITS INC. ("SEB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 18, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 29, 2017:
| Number of Shares: |
5,745,000 shares |
| Purchase Price: |
$0.16 per share |
| Number of Placees: |
6 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
|
| Michael Pesner |
Y |
125,000 |
|
| Philip Armstrong |
Y |
320,000 |
|
| Aggregate Pro Group Involvement |
P |
1,300,000 |
|
| [2 Placees] |
|||
| Finders' Fees: |
an aggregate of $64,344 plus 231,000 finders shares and 231,000 finders warrants (each exercisable into one common share at a price of $0.20 for an eighteen month period) is payable to Primary Capital Inc., Clarus Securities Inc. and Industrial Alliance Securities. |
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.
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TESORO MINERALS CORP. ("TES")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 18, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 21, 2017:
| Number of Shares: |
8,729,000 shares |
| Purchase Price: |
$0.05 per share |
| Number of Placees: |
23 Placees |
Insider / Pro Group Participation:
| Name |
Insider=Y / |
# of Shares |
|
| Aggregate Pro Group Involvement |
|||
| [4 Placee(s)] |
2,404,000 |
||
| Finder's Fee: |
523,740 shares payable to Haywood Securities Inc. |
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TIO NETWORKS CORP ("TNC")
BULLETIN TYPE: Halt
BULLETIN DATE: July 18, 2017
TSX Venture Tier 2 Company
Effective at 4:30 a.m. PST, July 18, 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.
________________________________________
TIO NETWORKS CORP. ("TNC")
BULLETIN TYPE: Plan of Arrangement, Delist
BULLETIN DATE: July 18, 2017
TSX Venture Tier 2 Company
The TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with an arrangement agreement dated February 14, 2017 (the "Arrangement Agreement") entered into among TIO Networks Corp. ("TIO") and PayPal, Inc. ("PayPal") and Tahoe Acquisition ULC, as amended, pursuant to which PayPal agreed to acquire all of the issued and outstanding shares of TIO by way of a statutory plan of arrangement (the "Arrangement"). Under the Arrangement, TIO shareholders received $3.35 CDN per share for each TIO share held.
The Exchange has been advised that approval of the Arrangement by securityholders of TIO was received at a special meeting of the securityholders held on April 10, 2017 and that approval of the Arrangement was received from the Supreme Court of British Columbia on April 13, 2017. The full particulars of the Arrangement are set forth in TIO's information circular (the "Circular") dated March 7, 2017, which is available under TIO's profile on SEDAR. TIO securityholders should refer to the Circular for a summary of the procedures regarding the exchange of TIO securities for the consideration to which they are entitled under the Arrangement.
The Arrangement became effective on July 18, 2017.
Delisting:
In conjunction with the closing of the Arrangement, the common shares of TIO will be delisted from the Exchange. Accordingly, effective at the close of business, Tuesday, July 18, 2017 the common shares of TIO will be delisted.
________________________________________
URBAN COMMUNICATIONS INC. ("UBN")
BULLETIN TYPE: Private Placement-Non-Brokered, Correction
BULLETIN DATE: July 18, 2017
TSX Venture Tier 2 Company
Further to TSX Venture Exchange bulletin dated June 20, 2017 the correct finders' warrants is as follows:
THIRD TRANCHE:
| Finders Fee: |
$500 plus 28,536 warrants exercisable at $0.12 until June 2, 2019 is payable to Lawrence Turel. |
| $23,711.40 plus 338,734 warrants exercisable at $0.132 until June 2, 2021 is payable to Rainmaker Securities LLC. |
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VELA MINERALS LTD. ("VLA")
BULLETIN TYPE: Halt
BULLETIN DATE: July 18, 2017
TSX Venture Tier 2 Company
Effective at 11:20 a.m. PST, July 18, 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
ICON EXPLORATION INC ("IEX.H")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: July 18, 2017
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,835,967 shares to settle outstanding debt for $141,798.36 related to trade payables and outstanding loans.
| Number of Creditors: |
2 Creditors |
Insider / Pro Group Participation:
| Creditor |
Insider=Y / |
Amount |
Deemed Price |
# of Shares |
| John Gamble |
Y |
$131,798.36 |
$0.05 |
2,635,967 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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