TSX Venture Exchange Daily Bulletins

VANCOUVER, Aug. 8, 2017 /CNW/ -

TSX VENTURE COMPANIES

BULLETIN TYPE:  Cease Trade Order
BULLETIN DATE:  August 4, 2017
TSX Venture Company

A  Cease Trade Order has been issued by the British Columbia Securities Commission on August 4, 2017 against the following company for failing to file the documents indicated within the required time period:

Symbol    

Tier     

Company 

Failure to File    

Period Ending (Y/M/D)

FTI     

2

FTI Foodtech International Inc.     

annual audited financial statements





Annual management's discussion





And analysis





Certification of the annual filings

2017/03/31

 

Upon revocation of the  Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements.  Members are prohibited from trading in the securities of the companies during the period of the suspension or until further notice.

________________________________________

BISON GOLD RESOURCES INC. ("BGE")
BULLETIN TYPE:  Halt
BULLETIN DATE:  August 8, 2017
TSX Venture Tier 2 Company

Effective at 6:05 a.m. PST, August 8, 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.

________________________________________

BISON GOLD RESOURCES INC. ("BGE")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  August 8, 2017
TSX Venture Tier 2 Company

Effective at 7:00 a.m. PST, August 8, 2017, shares of the Company resumed trading, an announcement having been made.

________________________________________

CEIBA ENERGY SERVICES INC. ("CEB")
BULLETIN TYPE:  Delist-Offer to Purchase
BULLETIN DATE:  August 8, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange (the "Exchange") has accepted for filing documentation pursuant to a arrangement agreement (the "Arrangement Agreement") dated June 5, 2017, between Secure Energy Services Inc. (the "Purchaser" or "Secure"), and Ceiba Energy Services Inc. (the "Company" or "Ceiba") and a court approved statutory plan of arrangement (the "Arrangement").

Pursuant to the terms of the Arrangement Agreement (the "Agreement"), the Purchaser acquired all of the issued and outstanding common shares of the Company, for consideration equal to either: (i) $0.205 for each Ceiba share, to be paid in cash (the "Cash Consideration"); or (ii) the issuance of 0.02115 of a Secure common share ("Secure Share") for each Ceiba share ("Ceiba Share") (the "Share Consideration"). Based on the elections of Ceiba shareholders, Secure paid an aggregate consideration of $26 million, subject to working capital and post-closing adjustments, comprising of $24.3 million in cash and the issuance of 189,965 common shares of Secure.

Secure also acquired all $2,402,000 principal amount of 9 percent unsecured convertible debentures of Ceiba at a price of $1,215 for each $1,000 principal amount of Ceiba debenture outstanding. In addition Secure assumed approximately $8.2 million of indebtedness of Ceiba and paid for certain additional expenses of Ceiba in connection with the Arrangement.

Effective at the close of business on Wednesday August 9, 2017, the common shares of the Company will be delisted from the TSX Venture Exchange.

For further information please refer to the Company's information circular dated June 9, 2017 and the Company's news releases dated May 15, 2017, June 7, 2017, July 18 and August 1, 2017.

________________________________________

COPPER FOX METALS INC. ("CUU")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  August 8, 2017
TSX Venture Tier 1 Company

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

Number of Shares:              

9,166,665 shares





Purchase Price:                   

$0.12 per share





Warrants:     

9,166,665 share purchase warrants to purchase 9,166,665 shares




Warrant Exercise Price:        

$0.15 in the first year






$0.17 in the second year





Number of Placees:             

32 Placees





Insider / Pro Group Participation:






Name                                              

Insider=Y / 
ProGroup=P

# of Shares

Ernesto Echavarria                         

Y   

4,791,666

Elmer B. Stewart                                 

Y                      

300,000

Robert Hector                                    

Y  

416,666

Aggregate Pro Group Involvement             

P                    

795,832

  [3 Placees]



 

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly.  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.

________________________________________

INTELGENX TECHNOLOGIES CORP. ("IGX")("IGX.DB"
BULLETIN TYPE:  Prospectus-Debenture Offering
BULLETIN DATE:  August 8, 2017
TSX Venture Tier 2 Company

Prospectus-Debenture Offering

Further to TSX Venture Exchange (the "Exchange") bulletin dated July 11, 2017, the Exchange has been advised that a second tranche closing under the Company's Short Form Prospectus dated June 28, 2017, for gross proceeds of $762,000 (no over-allotment option exercised to date).

Agents:                

Desjardins Securities Inc., lead agent, together with Laurentian Bank Securities Inc. and Echelon Wealth Partners Inc.



Offering:              

762 convertible debentures (each "Debenture")



Offering Price     

$1,000 per Debenture



Agents' Fee:      

The Agents shall receive a 6% cash commission of gross proceeds raised under the offering.

 

The aggregate gross proceeds raised is $7,600,000.

For further information, refer to the Company's Short Form Prospectus dated June 28, 2017 filed on SEDAR.

The Debentures will not trade or be quoted on an accrued interest basis (i.e. they will trade and be quoted on an interest flat basis). All bids, offers and trades in the Debentures must reflect both the capital portion of the Debentures and all accrued interest.  The TSX Venture Exchange (the "Exchange") will not report accrued interest in regard to any trade in the Debentures made through the facilities of the Exchange.  The Debentures, which were issued in the minimum principal amount of $1,000 each, will be quoted based on $1,000 principal amounts with all trades being made in multiples of $1,000 principal amounts (excluding any amount for interest).  For example, an order to buy $5,000 principal amount will be given as an order to buy 5,000.  An order to sell $20,000 principal amount will be shown as an order to sell 20,000.  An order for 1,500, for example, is not acceptable since all trades must be made in multiples of $1,000. The minimum trading unit of Debentures is $1,000 principal amount and a board lot of Debentures is $1,000 principal amount.

Details of the Debentures:

Maturity:         

June 30, 2020 (the "Maturity Date").



Interest:

The Debentures will bear interest from the date of issue at a rate of 8% per annum.  Interest will be payable semi-annually on the last day of June and December of each year until the Maturity Date, commencing on December 31, 2017. The first interest payment in the amount of $37.70 per $1,000 of principal shall include interest accrued from the closing of the Offering to, but excluding December 31, 2017.



Redemption:

The Debentures are not redeemable by the Company prior to June 30, 2018 ("First Call Date").  On and after the First Call Date but prior to June 30, 2019, the Debentures will be redeemable at the option of the Company, in whole or in part, from time to time, on not more than 60 days and not less than 30 days prior notice, provided that the Current Market Price on the date on which notice of redemption is given is not less than 125% of the Conversion Price.  On or after June 30, 2019 and prior to the Maturity Date, the Debentures will be redeemable, in whole or in part, at a price equal to the principal amount thereof, plus accrued and unpaid interest, at the Company's option on not more than 60 days' and not less than 30 days' prior notice.



Conversion:

The Debentures are convertible into common shares of the company at $1.35 per share at any time prior to maturity or the  business day prior to redemption.



Subordination: 

The Debentures shall be subordinated in right of payment to the prior payment in full of all Senior Indebtedness of the Company, including indebtedness under the Company's present and future bank credit facilities and any other secured creditors.  Subject to statutory or preferred exceptions or as may be specified by the terms of any particular securities, each Debenture issued under the Indenture will rank pari passu with each other Debenture, and with all other present and future subordinated and unsecured indebtedness of the Corporation except for sinking fund provisions (if any) applicable to different series of debentures or similar obligations of the Company.



Clearing and Settlement:

The Debentures will clear and settle through CDS.



Board Lot:  

The Debentures will trade in a board lot size of $1,000 face value.

 

The Debentures will be issued under a first supplemental indenture dated as of July 12, 2017 between the Company and TSX Trust Company.

For further information, refer to the Company's Short Form Prospectus dated June 28, 2017 filed on SEDAR.

________________________________________

MEXICAN GOLD CORP. ("MEX")
BULLETIN TYPE:  Shares for Bonuses
BULLETIN DATE:  August 8, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 78,431 bonus shares to the following insider in consideration of achieving certain milestones pursuant to an employment agreement dated December 10, 2010.


Shares

Warrants

Brian Robertson 

78,431

nil

 

________________________________________

MILLENNIAL ESPORTS CORP. ("GAME")
BULLETIN TYPE:  Halt
BULLETIN DATE:  August 8, 2017
TSX Venture Tier 2 Company

Effective at 6:45 a.m. PST, August 8, 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.

________________________________________

MILLENNIAL ESPORTS CORP. ("GAME")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  August 8, 2017
TSX Venture Tier 2 Company

Effective at 7:45 a.m. PST, August 8, 2017, shares of the Company resumed trading, an announcement having been made.

________________________________________

NOVO RESOURCES CORP. ("NVO")
BULLETIN TYPE:  Halt
BULLETIN DATE:  August 8, 2017
TSX Venture Tier 2 Company

Effective at 4:38 a.m. PST, August 8, 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.

________________________________________

NOVO RESOURCES CORP. ("NVO")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  August 8, 2017
TSX Venture Tier 2 Company

Effective at 11:45 a.m. PST, August 8, 2017, shares of the Company resumed trading, an announcement having been made.

________________________________________

PETRODORADO ENERGY LTD. ("PDQ")
BULLETIN TYPE:  Halt
BULLETIN DATE:  August 8, 2017
TSX Venture Tier 2 Company

Effective at 4:38 a.m. PST, August 8, 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.

________________________________________

PETRODORADO ENERGY LTD. ("PDQ")
BULLETIN TYPE:  Remain Halted
BULLETIN DATE:  August 8, 2017
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated August 8, 2017, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the change of business and/or Reverse Take-Over pursuant to Listings Policy 5.2.

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.

________________________________________

ZEPHYR MINERALS LTD. ("ZFR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 8, 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 17, 2017:

Number of Shares:          

2,947,859 common shares



Purchase Price:           

$0.28 per common share



Warrants:                       

1,473,930 warrants to purchase 1,473,930 common shares



Warrants Exercise Price:      

$0.42 for 24 months upon closing of the private placement



Number of Placees:          

8 Placees



Insider / Pro Group Participation:




Name

Insider = Y /

Pro Group = P

Number

of Shares

OakRun Precious Metals Fund Ltd

Y

2,160,716

Votix Corporation Ltd. (William Felderhof)

Y

50,000

Loren Komperdo

Y

50,000

Investments & Technical Management Ltd.

Y

357,143

 

The Company has confirmed the completion of the Private Placement by way of press releases dated May 29, 2017 and August 1, 2017.

___________________________________________

XIMEN MINING CORP. ("XIM")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  August 8, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation relating to a purchase agreement dated July 17, 2017 between the Company and Guy Delorme whereby the Company will acquire three mineral tenure claims located near Greenwood, British Columbia in consideration of 400,000 common shares.

________________________________________

NEX COMPANIES
BULLETIN TYPE:  Cease Trade Order
BULLETIN DATE:  August 4, 2017
NEX Company

A  Cease Trade Order has been issued by the Alberta Securities Commission on August 4, 2017 against the following company for failing to file the documents indicated within the required time period:

Symbol 

Tier     

Company

Failure to File 

Period Ending (Y/M/D)

PNR,H    

NEX  

Prince Resource Corporation 

annual audited financial statements,





annual management's discussion and





analysis, and certification of the annual





filings   

2017/03/31

 

Upon revocation of the Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements.  Members are prohibited from trading in the securities of the companies during the period of the suspension or until further notice.

________________________________________

SOURCE TSX Venture Exchange

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


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