VANCOUVER, Aug. 9, 2017 /CNW/ -
TSX VENTURE COMPANIES
ALSET MINERALS CORP. ("ION")
BULLETIN TYPE: Halt
BULLETIN DATE: August 9, 2017
TSX Venture Tier 2 Company
Effective at 5:45 a.m. PST, August 9, 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.
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ALSET MINERALS CORP. ("ION")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 9, 2017
TSX Venture Tier 2 Company
Effective at 10:00 a.m. PST, August 9, 2017, shares of the Company resumed trading, an announcement having been made.
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AXIS AUTO FINANCE INC. ("AXIS")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: August 9, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's documentation pertaining to a secured debt facility (the "Loan") between a wholly-owned subsidiary of Axis Auto Finance Inc. (the "Company"), and certain arm's length parties (the "Lenders"). The Lenders have provided an aggregate loan of $40,000,000 which shall mature in two years and bears an interest rate of the prime rate plus 7.5% per annum.
Additionally, the Company shall issue 3,000,000 finders' warrants (each exercisable into one common share at a price of $0.75 for a five year period) to 2274427 Ontario Limited as finder in connection with the Loan.
For more information, refer to the Company's news release dated March 27, 2017.
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BUFFALO CAPITAL INC. ("BUFF.P")
BULLETIN TYPE: Halt
BULLETIN DATE: August 9, 2017
TSX Venture Tier 2 Company
Effective at 11:46 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.
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BUFFALO CAPITAL INC. ("BUFF.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: August 9, 2017
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated August 9, 2017, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Qualifying Transaction pursuant to Listings Policy 2.4.
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.
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CAZA GOLD CORP. ("CZY")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: August 9, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 7,837,000 shares to settle outstanding debt for $391,850.
| Number of Creditors: |
7 Creditors |
|||
| Insider / Pro Group Participation: |
||||
| Creditor |
Insider=Y / Progroup=P |
Amount |
Deemed Price per Share |
# of Shares |
| Brian Arkell |
Y |
$161,850 |
$0.05 |
3,237,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
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COLORADO RESOURCES LTD. ("CXO")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: August 9, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing an Amending Agreement to revise the terms of an Option Agreement dated December 19, 2013 between SnipGold Corp. (a wholly owned subsidiary of Seabridge Gold Inc.), whereby the Company has the option to acquire an 80% interest in the KSP project located in the Liard mining district, British Columbia. The Company has earned a 51% interest pursuant to the terms of the original Option Agreement. To earn the remaining 49% interest in the KSP project, the Company has agreed to the amendment for the consideration of $1,000,000 in cash and the issuance of 2,000,000 common shares to SnipGold Corp.
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CUBA VENTURES CORP ("CUV")
BULLETIN TYPE: Halt
BULLETIN DATE: August 9, 2017
TSX Venture Tier 2 Company
Effective at 6:10 a.m. PST, August 9, 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.
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CUBA VENTURES CORP. ("CUV")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: August 9, 2017
TSX Venture Tier 2 Company
Effective at 10:45 a.m. PST, August 9, 2017, shares of the Company resumed trading, an announcement having been made.
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GREENCASTLE RESOURCES LTD. ("VGN")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: August 9, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has been advised by the Company that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated August 4, 2017, it may repurchase for cancellation up to 3,499,272 common shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange during the period August 11, 2017 to August 10, 2018. Purchases pursuant to the bid will be made by Canaccord Genuity Wealth Management on behalf of the Company.
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JAPAN GOLD CORP. ("JG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 9, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 5, 2017:
| Number of Shares: |
12,500,000 shares |
|
| Purchase Price: |
$0.40 per share |
|
| Warrants: |
12,500,000 share purchase warrants to purchase 12,500,000 shares |
|
| Warrant Exercise Price: |
$0.40 for a five year period |
|
| Number of Placees: |
1 Placee |
|
| Insider / Pro Group Participation: |
||
| Name |
|
# of Shares |
| Southern Arc Minerals Inc. |
Y |
12,500,000 |
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.
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JAXON MINERALS INC. ("JAX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 9, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 18, 2017 and July 25, 2017:
| Number of Shares: |
1,993,332 shares |
|
| Purchase Price: |
$0.30 per share |
|
| Warrants: |
996,666 share purchase warrants to purchase 996,666 shares |
|
| Warrant Exercise Price: |
$0.38 for a two year period |
|
| Number of Placees: |
23 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aggregate Pro Group Involvement |
296,666 |
|
| [4 Placees] |
||
| Finder's Fee: |
$18,050 and 60,167 agents warrants is payable to PI Financial Corp, |
|
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KINCORA COPPER LIMITED ("KCC")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: August 9, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 127,272 shares to settle outstanding debt of $42,000.
Number of Creditors: 2 Creditors
The Company shall issue a news release when the shares are issued and the debt extinguished.
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MEDGOLD RESOURCES CORP. ("MED")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: August 9, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 97,727 shares at a deemed price of $0.22, in consideration of certain services provided in the first two quarters ending June 30, 2017 pursuant to an agreement dated June 12, 2017 between Medgold Resources Corp. and Daniel James.
| Insider / Pro Group Participation: |
||||
| Insider=Y / |
Amount |
Deemed Price |
||
| Creditor |
Progroup=P |
Owing |
per Share |
# of Shares |
| Daniel James |
Y |
$21,500 |
$0.22 |
97,727 |
The Company shall issue a news release when the shares are issued.
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OYSTER OIL AND GAS LTD. ("OY")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: August 9, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Jun 20, 2017:
| Convertible Debenture |
$1,232,215.00 |
| Initial Conversion Price: |
$0.50 per common share |
| Term of Maturity: |
1 Year* |
| Interest Rate: |
10% |
| Warrants: |
616,108 share purchase warrants to purchase 616,108 shares |
| Initial Exercise Price: |
$0.55 |
| Term to Expiry: |
Maturity of the Debentures* |
| * convertible at the option of the holder into common shares of the company at a deemed price of the lesser |
| Number of Placees: |
2 Placees |
| VSA Capital Limited |
$4,038.00 cash; 14,684 warrants |
| Finder Warrant Initial Exercise Price: |
$0.55 |
| Finder Warrant Term to Expiry: |
Exercisable for twenty-four months from issuance. |
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.
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PETROMAROC CORPORATION PLC ("PMA")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: August 9, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,000,000 common shares at a deemed price of US$0.325 to settle outstanding debt of US$325,000 owed to Dundee Securities Europe LLP, an affiliate of Dundee Corp., a creditor of the company.
| Number of Creditors: |
1 Creditor |
|
| Insider / Pro Group Participation: |
None |
|
| Warrants: |
None |
|
The Company shall issue a news release when the shares are issued and the debt extinguished.
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SOLAR ALLIANCE ENERGY INC. ("SAN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 9, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 10, 2017 and April 24, 2017:
| Number of Shares: |
8,064,332 shares |
|
| Purchase Price: |
$0.16 per share |
|
| Warrants: |
8,064,332 share purchase warrants to purchase 8,064,332 shares |
|
| Warrant Exercise Price: |
$0.25 for a three year period |
|
| Number of Placees: |
11 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aggregate Pro Group Involvement |
175,000 |
|
| [ 2 Placee(s)] |
||
| Finder's Fee: |
$87,319.44 plus 545,747 finder's warrants is payable to Echelon Wealth Partners Inc. |
|
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VANC PHARMACEUTICALS INC. ("VANC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 9, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced July 20, 2017:
| Number of Shares: |
1,160,000 shares |
| Purchase Price: |
$0.15 per share |
| Warrants: |
1,160,000 share purchase warrants to purchase 1,600,000 shares |
| Warrant Exercise Price: |
$0.20 for a five year period. The warrants are subject to an accelerated exercise provision whereby in the event the closing price of the Company's shares trades at $0.25 or higher for a period of 10 consecutive trading days, then the Company may, within five days of such event, provide notice by way of news release that the warrants shall expire on the date that is 30 days from such notice. |
| Number of Placees: |
1 Placee |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period on August 4, 2017.
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WEST AFRICAN RESOURCES LIMITED ("WAF")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: August 9, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced June 22, 2017:
| Number of Shares: |
53,906,250 shares |
| Purchase Price: |
$0.32 per share |
| Number of Placees: |
15 Placees |
| Agent's Fee: |
$569,250 cash and 592,969 warrants payable to Sprott Private Wealth L.P. |
| $232,875 cash and 242,578 warrants payable to BMO Nesbitt Burns Inc. |
|
| $232,875 cash and 242,578 warrants payable to Cormark Securities Inc. |
|
| Agent's fee warrants are exercisable at $0.32 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.
________________________________________
ZECOTEK PHOTONICS INC. ("ZMS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 9, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 18, 2017:
| Number of Shares: |
4,188,350 shares |
|
| Purchase Price: |
$0.30 per share |
|
| Warrants: |
4,188,350 share purchase warrants to purchase 4,188,350 shares |
|
| Warrant Exercise Price: |
$0.43 for a two year period |
|
| Number of Placees: |
20 Placees |
|
| Insider / Pro Group Participation: |
||
| Insider=Y / |
||
| Name |
ProGroup=P |
# of Shares |
| Aggregate Pro Group Involvement |
500,000 |
|
| [1 Place(s)] |
||
| Finder's Fee: |
$6,600 plus 22,000 finder's warrants payable to Aran Asset Management SA |
|
| $3,499.98 plus 11,666 finder's warrants payable to Mezzo Consulting Services SA |
||
| $34,000.36 plus 116,667 finder's warrants payable to Enoch Wealth Inc. |
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NEX COMPANIES
JOURDAN RESOURCES INC. ("JOR")
[formerly Jourdan Resources Inc. ("JOR.H")
BULLETIN TYPE: Graduation from NEX to TSX Venture, Symbol Change
BULLETIN DATE: August 9, 2017
NEX Company
Graduation from NEX to TSX Venture
The Company has met the requirements to be listed as a TSX Venture Tier 2 Company. Therefore, effective on Thursday, August 10, 2017 the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to Montréal.
The Company is classified as a 'Metal ore mining' company (NAICS number 2122).
| Capitalization: |
Unlimited common shares with no par value of which 30,403,444 |
| Escrow: |
Nil shares |
Symbol Change
Effective at the opening, Thursday, August 10, 2017, the trading symbol for the Company will change from "JOR.H" to "JOR".
| Company Contact: |
Michael Dehn, Director, President and Chief Executive Officer |
|
| Company Address: |
600, Orwell Street, Unit 14, Mississauga, Ontario, L5A 3R9 |
|
| Company Phone Number: |
(647) 477-2382 |
|
| Company Fax Number: |
(647) 477-2389 |
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| E-mail Address: |
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| Company Web Site: |
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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