TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, BC, Oct. 23, 2023 /CNW/ -
TSX VENTURE COMPANIES
RYU APPAREL INC. ("RYU.H")
[formerly RYU Apparel Inc. ("RYU")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: October 23, 2023
TSX Venture Tier 2 Company
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 Wednesday, October 25, 2023, 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 October 25, 2023, 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 RYU to RYU.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.
Further to the TSX Venture bulletin dated December 6, 2022, trading in the shares of the Company will remain suspended.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
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23/10/23 - TSX Venture Exchange Bulletins
EUROPEAN ENERGY METALS CORP. ("FIN")
BULLETIN TYPE: Private Placement – Non-Brokered
BULLETIN DATE: October 23, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on September 28, 2023:
Number of Shares: |
5,787,800 common share units ("Units"), each Unit consisting of one common share in the capital of the Company ("Share") and one-half of one Share purchase warrant ("Warrant"). |
Purchase Price: |
$0.36 per Unit. |
Warrants: |
2,893,900 whole Warrants to purchase 2,893,900 shares. |
Warrant Price: |
$0.75 exercisable for a period of three years from the date of issuance. |
Number of Placees: |
5 placees. |
Insider / Pro Group Participation:
Insider= Y /
Name Pro Group= P Number of Units
Aggregate Existing Insider Involvement: Y 27,800
Aggregate Pro Group Involvement: N/A N/A
Aggregate |
Aggregate # of Shares |
Aggregate # of Finder Warrants |
|
Finder's Fee: [2 Aggregate Finders] |
$145,152 |
695,000 |
14,000 |
Finder Warrants are exercisable at $0.75 per Finder Share for a period of 3 years from the date of issuance.
The Company issued news release on October 20, 2023, confirming the closings 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.
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FINLAY MINERALS LTD. ("FYL")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: October 23, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
Private Placement:
# of Warrants: |
2,523,383 |
Original Expiry Date of Warrants: |
November 18, 2023 |
New Expiry Date of Warrants: |
November 18, 2026 |
Exercise Price of Warrants: |
$0.20 |
These warrants were issued pursuant to a private placement of 2,523,383 flow through shares with 2,523,383 share purchase warrants attached, which was accepted for filing by the Exchange effective November 22, 2021.
________________________________________
GETTY COPPER INC. ("GTC")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: October 23, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
Private Placement:
# of Warrants: |
13,464,000 |
Original Expiry Date of Warrants: |
October 18, 2023 |
New Expiry Date of Warrants: |
October 18, 2024 |
Exercise Price of Warrants: |
$0.10 |
These warrants were issued pursuant to a private placement of 3,366,000 non-flow-through shares and 10,098,000 flow-through shares with 13,464,000 share purchase warrants attached, which was accepted for filing by the Exchange effective October 25, 2021.
________________________________________
LEADING EDGE MATERIALS CORP. ("LEM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 23, 2023
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on August 11, 2023.
Number of Shares: |
21,739,130 shares |
Purchase Price: |
$0.115 per share |
Warrants: |
21,739,130 share purchase warrants to purchase 21,739,130 shares |
Warrant Exercise Price: |
$0.225 for a four-year period |
Number of Placees: |
10 placees |
Insider / Pro Group Participation:
Placees |
# of Placee (s) |
Aggregate # of Shares |
Aggregate Existing Insider Involvement: |
2 |
12,052,173 |
Aggregate Pro Group Involvement: |
N/A |
N/A |
Aggregate Cash |
Aggregate # of Shares |
Aggregate # of Warrants |
|
Finder's Fee: |
$20,930 |
N/A |
7,000 |
Finder's Warrants Terms: Each warrant entitles the holder to purchase one common share at the price of $0.225 for period of two years from the date of issuance.
The Company issued a news release on August 23, 2023 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.
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O3 MINING INC. ("OIII")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: October 23, 2023
TSX Venture Tier 1 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 October 18, 2023, it may repurchase for cancellation, up to 5,367,189 public float shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange during the period from October 23, 2023 to October 22, 2024. Purchases pursuant to the bid will be made by CIBC World Markets Inc. on behalf of the Company.
For more information, please refer to the Company's news release dated October 20, 2023.
________________________________________
RIDGESTONE MINING INC. ("RMI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 23, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on October 11, 2023:
Number of Shares: |
10,000,000 shares |
Purchase Price: |
$0.08 per share |
Warrants: |
10,000,000 share purchase warrants to purchase 10,000,000 shares |
Warrant Exercise Price: |
$0.10 for a five-year period |
Number of Placees: |
15 placees |
Insider / Pro Group Participation: |
||
Placees |
# of Placee (s) |
Aggregate # of Shares |
Aggregate Existing Insider Involvement: |
3 |
2,125,000 |
Aggregate Pro Group Involvement: |
N/A |
N/A |
Aggregate Cash |
Aggregate # of Shares |
Aggregate # of Warrants |
|
Finder's Fee: |
N/A |
N/A |
N/A |
The Company issued a news release on October 20, 2023, confirming the closing of the private placement.
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ROVER METALS CORP. ("ROVR")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: October 23, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue a total of 206,126 shares at varying deemed prices per month in consideration of certain consulting services, valued at $2,500 per month, provided to the Company for the period from May 1, 2023, to September 30, 2023, pursuant to a service agreement dated May 1, 2023.
Number of Service Providers: 1
Non-Arm's Length Party / Pro Group Participation: N/A
The Company shall issue a news release when the shares are issued.
For more information, please refer to the Company's news releases dated May 26, 2023 and October 20, 2023.
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SMALL PHARMA INC. ("DMT")
BULLETIN TYPE: Halt
BULLETIN DATE: October 23, 2023
TSX Venture Tier 1 Company
Effective at 5:28 a.m. PST, October 23, 2023, trading in the shares of the Company was halted, 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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SURGE BATTERY METALS INC. ("NILI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 23, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a purchase agreement for mineral interest dated effective September 14, 2023, and its first addendum dated effective September 25, 2023, (collectively, the "Agreement") between three arm's length vendors (the "Vendors"), Surge Battery Metals USA Inc. (the "Purchaser"), a wholly owned subsidiary of Surge Battery Metals Inc. (the "Company"), and the Company, whereby the Purchaser will acquire from the Vendors a twenty-one point two five (21.25%) percent interest in the sub-surface (mineral estate) rights on certain private lands totaling approximately 880 acres located in Elko County, Nevada. The consideration is US$50,000 in cash and the issuance of 1,250,000 shares of the Company to the Vendors. Furthermore, the Purchaser will pay an additional US$150,000 to the Vendors should it enter into an agreement to purchase surface rights of the same private lands with the owner of those surface rights.
The Purchaser grants the Vendors a net revenue royalty of 3% of net revenues from the production of the acquired interest (the "Royalty"). However, the Royalty is not payable until a surface rights agreement is entered into with the owner of the surface rights to the private lands. The Purchaser has the right for five years to purchase one-half of the Royalty, thereby reducing it to 1.5%, by paying the Vendors a total of US$750,000.
All cash payments, share issuances, and Royalty payments will be distributed to the Vendors on a pro-rata basis.
For further details, please refer to the Company's news release dated October 3, 2023.
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SURGE BATTERY METALS INC. ("NILI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 23, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a purchase agreement for mineral interest dated effective September 15, 2023 (the "Agreement") between an Idaho general partnership (the "Seller"), Surge Battery Metals USA Inc. (the "Purchaser"), a wholly owned subsidiary of Surge Battery Metals Inc. (the "Company"), and the Company, whereby the Purchaser will acquire from the Vendors a three point seven five (3.75%) percent interest in the sub-surface (mineral estate) rights on certain private lands totaling approximately 880 acres located in Elko County, Nevada. The consideration is US$8,250 in cash and the issuance of 300,000 shares of the Company to the two partners of the Seller. Furthermore, the Purchaser will pay an additional US$24,750 to the two partners of the Seller should it enter into an agreement to purchase surface rights of the same private lands with the owner of those surface rights.
The Purchaser grants the Seller a revenue royalty of 3% of gross revenues from the production of the acquired interest (the "Royalty"). However, the Royalty is not payable until a surface rights agreement is entered into with the owner of the surface rights to the private lands. The Purchaser has the right for five years to purchase one-half of the Royalty, thereby reducing it to 1.5%, by paying the Seller a total of US$225,000. The registration of the transfer of the acquired interest is contingent upon finalizing the royalty agreement. Any amendments to the current unexecuted royalty agreement may be subject to prior Exchange approval in accordance with Exchange policies.
All cash payments, share issuances, and Royalty payments will be distributed to the two partners of the Seller on a pro-rata basis.
For further details, please refer to the Company's news release dated October 3, 2023.
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USHA RESOURCES LTD. ("USHA")
BULLETIN TYPE: Private Placement – Non-Brokered
BULLETIN DATE: October 23, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 20, 2023:
Number of Shares: |
1,785,714 common shares in the capital of the Company on a flow-through basis ("FT Share"). |
Purchase Price: |
$0.14 per FT Share. |
Number of Placees: |
1 placee. |
Insider / Pro Group Participation: |
None. |
Aggregate Cash |
Aggregate # of Shares |
Aggregate # of Warrants |
|
Finder's Fee: [1 Finders] |
$17,500 |
N/A |
125,000 |
Finders' Warrants are non-transferable and may be exercised at the election of the holder thereof into one common share of the Company at a price of $0.20 per Share for a period of two years from the date of issuance. |
The Company issued a news release on October 20, 2023, confirming the closing of the private placement.
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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