TSX Venture Exchange Daily Bulletins

VANCOUVER, Aug. 22, 2017 /CNW/ -

TSX VENTURE COMPANIES

ALMONTY INDUSTRIES INC. ("AII")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  August 22, 2017
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 283,914 shares at $0.28 per share to settle outstanding debt for $79,496.00.

Number of Creditors:

1 Creditor

 

Insider / Pro Group Participation:

Creditor              

Insider=Y /  
Progroup=P

Amount 
Owing

Deemed Price
per Share

# of Shares

Deutsche Rohstoff AG        

$79,496.00

$0.28

283,914

 

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

________________________________________

BERKWOOD RESOURCES LTD. ("BKR")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  August 22, 2017
TSX Venture Tier 2 Company

Effective at 6:30 a.m. PST, August 22, 2017, shares of the Company resumed trading, an announcement having been made.

________________________________________

CAMEO RESOURCES CORP. ("CRU")
BULLETIN TYPE:  Remain Halted
BULLETIN DATE:  August 22, 2017
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated August 11, 2017, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation pursuant to TSXV Policy 2.4 regarding a Qualifying Transaction.

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.

________________________________________

GRANDE PORTAGE RESOURCES LTD. ("GPG")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  Aug 22, 2017
TSX Venture Tier 2 Company

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

Number of Shares:

2,916,667 shares



Purchase Price:

$0.15 per share



Warrants:

1,458,334 share purchase warrants to purchase 1,458,334 shares



Warrant Initial Exercise Price:

$0.25



Warrant Term to Expiry:

18 Months



Number of Placees:

11 Placees

 

Insider / Pro Group Participation:

Name

Insider=Y /
Pro-Group=P

# of Shares

Aggregate Pro-Group Involvement [1 Placee]

P                

100,000

 

Finder's Fee:


Mackie Research Capital Corp

$22,200.00 cash; 148,000 warrants                    

Raymond James Ltd

$1,200.00 cash; 8,000 warrants  



Finder Warrant Initial Exercise Price:

$0.25



Finder Warrant Term to Expiry:

18 Months

 

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.

________________________________________

GREENSPACE BRANDS INC. ("JTR")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  August 22, 2017
TSX Venture Tier 1 Company

TSX Venture Exchange (the "Exchange") has accepted for filing documentation pertaining to a Share Purchase Agreement dated August 17, 2017, between GreenSpace Brands Inc. (the "Company") and several arm's-length parties (collectively, the "Vendors"), whereby the Company will acquire all of the issuance and outstanding shares of The Cold Press Corp. (the "Target") – a private company that owns the CEDAR brand, a leader in the Canadian cold-pressed and high-pressure-pasteurized juice category.

As consideration for the $5.385$6.385 million purchase price, the Company will make a $4.113 million cash payment, takeback $243,000 in unsecured vendor loans, issue $1.029 million worth of common shares at a deemed value of $1.48 per share and issue up to a further $1.0 million worth of earn-out common shares based on certain net revenue milestones of the Target during the twelve (12) month period ending September 30, 2018.

For further details, please refer to the Company's news release dated August 17, 2017.

________________________________________

HORIZON PETROLEUM LTD ("HPL")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  August 22, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Private Placement closed August 10, 2017:

Number of Units:

29,382,234 common shares ("Shares").



Purchase Price:

$0.12 ($0.02 pre-consolidation)



Warrants:

None



Warrant Exercise Price:

None



Number of Placees:

94 Placees

 

Insider / Pro Group Participation:

Name

Insider=Y / 
ProGroup=P

# of Shares

PentaNova Energy Corp

Y          

12,500,000




Dr. David Winter

Y      

666,666




Yogeshwar Sharma

Y     

416,666




Charle Gamba

Y               

66,666




David Robinson

Y       

283,333




Aggregate Pro Group

P                   

2,016,664

[12 Placees]



 

Finder's Fee:

PI Financial Corp – Cash payment of $29,566.80 and 1,478,340 pre-consolidated Finder's Warrants exercisable for one year at $0.02 ($0.12 post-consolidation).




Haywood Securities Inc - Cash payment of $41,250 and 2,062,500 pre-consolidated Finder's Warrants exercisable for one year at $0.02 ($0.12 post-consolidation).




Canaccord Genuity Corp - Cash payment of $7,500 and 375,000 pre-consolidated Finder's Warrants exercisable for one year at $0.02 ($0.12 post-consolidation).




Ptolemy Capital Ltd - Cash payment of $13,800 and 690,000 pre-consolidated Finder's Warrants exercisable for one year at $0.02 ($0.12 post-consolidation).

 

________________________________________

JERICHO OIL CORPORATION ("JCO")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  August 22, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to the second and final tranche of a Non-Brokered Private Placement announced August 2, 2017:

Number of Shares:

2,114,240 shares



Purchase Price:

$0.45 per share



Warrants:

1,057,120 share purchase warrants to purchase 1,057,120 shares



Warrant Exercise Price:

$0.60 for a three year period



Number of Placees:

2 Placees

 

Insider / Pro Group Participation:

Name

Insider=Y / 
ProGroup=P

# of Shares

Steven and Mette Hegna

Y

2,096,436

 

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release dated August 22, 2017 announcing the closing of the second tranche 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.

________________________________________

KANE BIOTECH INC. ("KNE")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  August 22, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 1, 2017:

Number of Shares:

34,504,997 shares



Purchase Price:

$0.12 per share



Warrants:

34,504,997 share purchase warrants to purchase 34,504,997 shares



Warrant Exercise Price:

$0.18 for an eighteen month period



Number of Placees:

26 Placees

 

Insider / Pro Group Participation:

Name

Insider=Y /  
ProGroup=P

# of Shares

Mark Ahrens-Townsend

Y  

400,000

Philip Renaud

Y   

12,500,000

 

Finder's Fee:

$58,408 in cash payable to Loewen, Ondaatje, McCutcheon Limited.

 

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 July 17, 2017 and August 18, 2017.

________________________________________

KINCORA COPPER LIMITED ("KCC")
BULLETIN TYPE:  Private Placement-Non-Brokered, Amendment
BULLETIN DATE:  August 22, 2017
TSX Venture Tier 2 Company

Further to the Exchange's bulletin dated August 21, 2017, the finder's fee section has been amended as following:           

Finder's Fee:

$101,939.99 cash and 308,909 warrants payable to Legacy Hill Capital


$11,999.99 cash and 36,363 warrants payable to Haywood Securities Inc.


$5,742 cash and 17,400 warrants payable to Fidelity Clearing Canada


$396 cash and 1,200 warrants payable to Canaccord Genuity Corp.


$534.60 cash and 1,620 warrants payable to Mackie Research Capital Corp.




Finder's fee warrants are exercisable at $0.445 per share for one year.

 

________________________________________

KLONDIKE GOLD CORP ("KG")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  August 22, 2017
TSX Venture Tier 2 Company

Effective at 8:15, PST, August 22, 2017, shares of the Company resumed trading, an announcement having been made.

________________________________________

MELKIOR RESOURCES INC. ("MKR")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE: August 22, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,938,095 shares at a deemed price of $0.05 per share to settle outstanding debt for $96,904.75.

Number of Creditors:

5 Creditors

 

Insider / Pro Group Participation:         

Creditor      

Insider=Y /  
Progroup=P

Amount
Owing

Deemed Price
per Share

# of Shares

Carrie Cesarone                   

Y

$5,000

$0.05

100,000

Meagher Consulting Inc.






(Joseph Meagher)

Y

$5,000

$0.05

100,000

 

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

________________________________________

NOVO RESOURCES CORP. ("NVO")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  August 22, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a Joint Venture Tenements Deed dated August 15, 2017 between Novo Resources Corp. and Karratha Gold PTY Ltd. (the Company) and Artemis Resources Limited, Karratha Metals PTY Ltd, Shear Zone Mining PTY Ltd, Western Metals PTY Ltd and KML NO 2 PTY Ltd whereby the Company will farm in to 50 per cent of gold (and other minerals necessarily mined with gold) in conglomerate- and/or paleoplacer-style mineralization in Artemis's tenements within 100 kilometres of the city of Karratha, including at Purdy's Reward. The gold rights do not include (i) gold disclosed in Artemis's existing (at May 18, 2017) JORC-compliant resources and reserves; or (ii) gold which is not within conglomerate- and/or paleoplacer-style mineralization; or (iii) minerals other than gold. Artemis's Mount Oscar tenement is excluded from the definitive agreements.  Consideration is 4,000,000 common shares and AUS$2,000,000 on exploration within two years.

For full details please see the Company's news release dated August 15, 2017

________________________________________

PETROTEQ ENERGY INC. ("PQE")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE: August 22, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 14,391,330 shares to settle outstanding debt for US$3,215,625.

Number of Creditors:

3 Creditors

 

 For further information, please refer to the Company's news release dated August 15, 2017.

________________________________________

PRONTOFORMS CORPORATION ("PFM")
BULLETIN TYPE:  Private Placement-Brokered-Non-Brokered
BULLETIN DATE:  August 22, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Brokered and Non-Brokered Private Placement announced May 30, 2017 and June 5, 2017:

Number of Shares:

15,195,780 shares



Purchase Price:

$0.38 per share



Warrants:

7,597,889 share purchase warrants to purchase 7,597,889 shares



Warrant Exercise Price:

$0.48 for a two year period



Number of Placees:

12 Placees

 

Insider / Pro Group Participation:

Name

Insider=Y / 
ProGroup=P

# of Shares

Wesley Clover Corporation

Y

1,184,500

(Terrence Matthews)






Extuple Limited Partnership

Y

263,300

(Philip Deck)






Vince Business Corp.

Y

986,835

(Mercantil Colpatria S.A)






Aggregate Pro Group Involvement

P

394,750


[1 Placee]



 

Underwriter's Fee:

An aggregate of $309,579 in cash and 814,682 broker warrants payable to Beacon Securities Limited, PI Financial Corp. and Industrial Alliance Securities Inc.  Each broker warrant entitles the holder to acquire one common share at $0.38 for a one year period.

 

For further details, please refer to the Company's news release dated June 21, 2017.

________________________________________

NEX COMPANIES

BACKSTAGEPLAY INC. ("BP.H")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  August 22, 2017
NEX Company

TSX Venture Exchange has accepted for filing documentation with respect to a Private Placement announced on June 30, 2017: :

Number of Units:

475,000 common shares units ("Units"). Each Unit consists of one common share ("Share") and one half of one common share purchase warrant ("Warrant"), with each full exercisable for one year at an exercise price of $0.50.



Purchase Price:

$0.20



Warrants:

237,500



Warrant Exercise Price:

$0.50



Number of Placees:

3 Placees



Insider / Pro Group Participation:

None



Finder's Fee:

CIBC World Markets – cash payment of $4,000 and 20,000 warrants, exercisable for one year at $0.50.

 

________________________________________

SOURCE TSX Venture Exchange

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


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