TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, Dec. 7, 2018 /CNW/ -
TSX VENTURE COMPANIES
CLAREN ENERGY CORP. ("CEN")
BULLETIN TYPE: Consolidation
BULLETIN DATE: December 7, 2018
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders on November 19, 2018, the Company has consolidated its capital on a ten (10) old for one (1) new basis. The name of the Company has not been changed.
Effective at the opening Tuesday, December 11, 2018, the shares of Claren Energy Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'junior natural resource - oil and gas' company.
Post - Consolidation |
||
Capitalization: |
unlimited |
shares with no par value of which |
5,944,247 |
shares are issued and outstanding |
|
Escrow |
nil |
shares are subject to escrow |
Transfer Agent: |
Computershare Investor Services Inc. |
|
Trading Symbol: |
CEN |
(UNCHANGED) |
CUSIP Number: |
180226 20 7 |
(new) |
________________________________________
GOURMET OCEAN PRODUCTS INC. ("GOP.H")
[formerly Gourmet Ocean Products Inc. ("GOP")]
BULLETIN TYPE: Property-Asset or Share Disposition Agreement, Transfer and New Addition to NEX, Symbol Change, Resume Trading
BULLETIN DATE: December 7, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange ("Exchange") has accepted for filing documentation related to a purchase and sale agreement dated August 13, 2018 between the Company and Mr. Bruce Qiu, the Company's largest shareholder and Non-Arm's Length Party, in respect of the sale of the Company's wholly-owned operating subsidiary, Wen Lian Aquaculture Co. Ltd. ("Wen Lian"), to Mr. Bruce Qiu (the "Transaction"). The Transaction, which closed on December 5, 2018, represents the sale of all of the operating assets and the business of the Company. As consideration for the Transaction, Mr. Bruce Qiu paid $47,948.93, which was the total of the Company's unconsolidated debts, costs and expenses up to and including the Transaction, including the Company's legal fees.
Immediately following the completion of the Transaction, Mr. Bruce Qiu loaned the Company $50,000 pursuant to a loan agreement approved by the Exchange for the Company's future expenses, including operating costs, transaction costs and legal fees (the "Loan"). The Loan is interest free and the Company is required to repay the loan on or before the completion of a transaction whereby Mr. Bruce Qiu will no longer hold 20% or more of the shares of the Company as a result of the sale of all or part of his shares in a transaction that has been approved by the board of directors of the Company.
The Transaction and the Loan were both approved by disinterested shareholders at a meeting held on September 26, 2018.
Transfer and New Addition to NEX, Symbol Change
The Company conducts all business through Wen Lian and, in accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening on Tuesday, December 11, 2018, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Vancouver to NEX.
As of December 11, 2018, 2018, 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 GOP to GOP.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 Tier 1 or Tier 2 symbols within the TSX Venture market.
The Company is classified as a "Food Manufacturing and Food Distribution" company.
Resume Trading
Effective at the opening on Tuesday, December 11, 2018, the Company's shares will resume trading.
For further information please refer to the Company's press releases dated August 13, 2018 and December 5, 2018, as well as the Company's information circular dated August 21, 2018, which are available on SEDAR.
________________________________________
INCEPTUS CAPITAL LTD. ("ICI.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 7, 2018
TSX Venture Tier 2 Company
Effective at the opening, Tuesday, December 11, 2018, the securities of Inceptus Capital Ltd. (the "Company") will resume trading. Further to Exchange Bulletin dated October 11, 2018, a news release was issued on December 3, 2018, announcing that the Company will not be proceeding with its proposed transaction. The transaction contemplated would have constituted a Qualifying Transaction as defined under Exchange Policy 2.4.
_______________________________
VANADIUMCORP RESOURCE INC. ("VRB")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: December 7, 2018
TSX Venture Tier 1 Company
Further to the TSX Venture Exchange Bulletin dated June 12, 2018, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission dated June 12, 2018 has been revoked.
Effective at the opening, Tuesday, December 11, 2018, trading will be reinstated in the securities of the Company.
_____________________________________________
WESTERN TROY CAPITAL RESOURCES INC. ("WRY")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 7, 2018
TSX Venture Tier 2 Company
Effective at the opening, Tuesday, December 11, 2018, the securities of Western Troy Capital Resources Inc. (the "Company") will resume trading. Further to the Exchange Bulletin dated June 29, 2018, a news release was issued on December 4, 2018, announcing that the Company will not be proceeding with its proposed transaction. The transaction contemplated would have constituted a Reverse Takeover as defined under Exchange Policy 5.2.
________________________________________
18/12/07 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
ADAMERA MINERALS CORP. ("ADZ")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: December 7, 2018
TSX Venture Tier 2 Company
Private Placement: |
|
# of Warrants: |
7,100,000 |
Original Expiry Date of Warrants: |
December 20, 2018 |
New Expiry Date of Warrants: |
February 28, 2019 |
Exercise Price of Warrants: |
$0.20 |
These warrants were issued pursuant to a private placement of 7,100,000 shares with 7,100,000 share purchase warrants attached, which was accepted for filing by the Exchange effective December 22, 2017.
________________________________________
AMERICAN CREEK RESOURCES LTD. ("AMK")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: December 7, 2018
TSX Venture Tier 2 Company
Pursuant to Policy 1.2, TSX Venture Exchange has been advised of, and accepted the change of the Filing and Regional Office from Calgary to Vancouver.
________________________________________
ATLAS ENGINEERED PRODUCTS LTD. ("AEP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 7, 2018
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 14, 2018 and October 18, 2018:
Number of Shares: |
10,330,000 shares |
|
Purchase Price: |
$0.40 per share |
|
Warrants: |
5,165,000 share purchase warrants to purchase 5,165,000 shares |
|
Warrant Exercise Price: |
$0.60 for a two year period. The warrants are subject to an accelerated exercise provision in the event the VWAP is greater than $0.80 for 20 consecutive trading days. |
|
Number of Placees: |
65 placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Dirk Maritz |
Y |
37,500 |
William Woods |
Y |
32,500 |
Don Hubbard |
Y |
50,000 |
Greg Smith |
Y |
100,000 |
Mohammad Hadi Abassi |
Y |
125,000 |
Kokkuhoideur Ou (Gabriel Miss) |
Y |
2,940,000 |
Serenga Ou (Gabriel Miss) |
Y |
1,620,000 |
Topanga Ou (Gabriel Miss) |
Y |
1,440,000 |
Aggregate Pro Group Involvement |
P |
185,000 |
[3 placee(s)] |
||
Finder's Fee: |
Canaccord Genuity Corp. - $4,900.00 and 475,825 common shares |
|
Raymond James - $1,400.00 |
||
Cormark Securities Inc. - $10,500.00 |
||
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release dated December 6, 2018 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.
________________________________________
E3 METALS CORP. ("ETMC")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 7, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 72,093 shares to an arm's length service provider at a deemed price of $0.43 per share to settle outstanding debt of $31,000.
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
FREMONT GOLD LTD. ("FRE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 7, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 13, 2018:
Number of Shares: |
8,789,930 shares |
|
Purchase Price: |
$0.14 per share |
|
Warrants: |
4,394,965 share purchase warrants to purchase 4,395,965 shares |
|
Warrant Exercise Price: |
$0.20 for a two year period |
|
Number of Placees: |
41 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Alan Carter |
Y |
300,000 |
0923383 B.C. Ltd. (Paul and Iwona Hansed) |
Y |
60,000 |
Dennis Moore |
Y |
1,000,000 |
Blaine Monaghan |
Y |
178,500 |
Paul Stuart Reynolds |
Y |
400,000 |
Aggregate Pro Group Involvement |
P |
950,000 |
[5 Placees] |
||
Finder's Fee: |
Haywood Securities Inc. - $3,780 cash |
|
Leede Jones Gable Inc. $5,250 cash |
||
Mackie Research Capital Corporation - $2,520 cash |
||
Raymond James Ltd. - $600 cash |
||
Small Cap Invest Ltd. - $9,660 cash |
||
Kevin Arias - $17,388 cash |
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release dated December 6, 2018 announcing the closing of the private placement and setting out the expiry date of the hold periods. 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.
________________________________________
HIGHBANK RESOURCES LTD. ("HBK")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: December 7, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 400,000 bonus shares to the following insider: William Loucks in consideration of $50,000 loan which bears interest of 1% per month.
Shares |
Warrants |
|
200,000 |
Nil |
________________________________________
LIBERO COPPER CORPORATION ("LBC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 7, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Dec 07, 2018:
Number of Shares: |
6,666,667 shares |
|
Purchase Price: |
$0.075 per share |
|
Number of Placees: |
12 Placees |
|
Insider / Pro Group Participation: |
||
Insider=Y / |
||
Name |
Pro-Group=P |
# of Shares |
Ian Slater |
Y |
666,667 |
Robert Bell |
Y |
666,667 |
Robert Pease |
Y |
350,000 |
Aggregate Pro-Group Involvement [1 Placee] |
P |
350,000 |
Finder's Fee: |
||
Haywood Securities |
$1,800.00 cash |
|
Canaccord Genuity Corp. |
$4,575.00 cash |
|
BT Global Growth Inc. |
$3,000.00 cash |
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.
________________________________________
MONTAN MINING CORP. ( MNY )
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 7, 2018
TSX Venture Tier 2 Company
Effective at 12.15 p.m. PST, December 6, 2018, shares of the Company resumed trading, an announcement having been made.
________________________________________
ONENERGY INC. ("OEG")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement, Remain Halted
BULLETIN DATE: December 7, 2018
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pertaining to the Letter of Intent dated March 9, 2017, Asset Purchase Agreement dated March 14, 2018 and Share Purchase Agreement dated December 1, 2018, whereby the Company shall dispose of its Sunwave Home Comfort Inc. business to Cricket Energy Holdings Inc. (the "Purchaser"), an arm's length party.
As consideration, the Purchaser will pay $5.5 million in cash and issue a promissory note in amount of $2.9 million. In addition, the Company will repay the advances to the Company by the Purchaser in connection with the business by paying $3.2 million in cash and $1.9 million in a promissory note to the Purchaser. Both promissory notes are non-interest bearing and mature on December 31, 2018.
For further information, please refer to the Company's news releases dated December 3, 2018 and March 14, 2017.
________________________________________
SQI DIAGNOSTICS INC. ("SQD")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: December 7, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension of the expiry date of the following warrants:
Private Placement: |
|
# of Warrants: |
7,630,945 |
Original Expiry Date of Warrants: |
December 15, 2018 (7,480,945 warrants) |
December 21, 2018 (150,000 warrants) |
|
New Expiry Date of Warrants: |
December 15, 2020 (7,480,945 warrants) |
December 21, 2020 (150,000 warrants) |
|
Exercise Price of Warrants: |
$0.52 |
These warrants were issued pursuant to a private placement of 7,630,945 shares with 7,630,945 share purchase warrants attached, which was accepted for filing by the Exchange effective December 22, 2015.
________________________________________
UGE INTERNATIONAL LTD. ("UGE")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 7, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 27,152,226 shares to settle outstanding debt for $4,823,359.09.
Number of Creditors: |
8 Creditors |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
VIQ SOLUTIONS INC. ("VQS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 7, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a stock purchase agreement (the "Agreement") between VIQ Services Inc., a subsidiary of the Company, and an Arm's Length Party (the "Vendor") whereby the Company would acquire all the issued and outstanding shares of Net Transcripts Inc., a provider of secure multispeaker documentation services to law enforcement and criminal justice organizations.
Pursuant to the terms of the Agreement, the Company paid $6.8 million in cash.
Insider / Pro Group Participation: None
For further information, please refer to the Company's press release dated November 28, 2018.
________________________________________
XIMEN MINING CORP. ("XIM")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: December 7, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to an amendment dated December 4, 2018 amending the NSR Purchase Agreement dated January 27, 2014 between the Company and American Cumo Mining Corporation whereby the remaining cash payments in the amount of $905,000 shall be reduced to $720,000 and made as a final payment by an issuance of 2,400,000 common shares.
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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