TSX Venture Exchange Stock Maintenance Bulletins

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TSX Venture Exchange

Jan 13, 2023, 21:34 ET

VANCOUVER, BC, Jan. 13, 2023 /CNW/ -

TSX VENTURE COMPANIES

COLOURED TIES CAPITAL INC. ("TIE")
BULLETIN TYPE: Share Purchase Offer - Trading and Settlement Rules
BULLETIN DATE: January 13, 2023
TSX Venture Tier 1 Company

Coloured Ties Capital Inc. (the "Company") hereby offers to purchase for cancellation from holders of common shares up to 6,136,363 common shares validly tendered and not properly withdrawn at a purchase price that is not less than $0.55 per share and not more than $0.65 per share (the "Purchase Price"), as further described in the Issuer Bid Circular dated December 2, 2022 (the "Circular"), for an aggregate purchase price not exceeding $3,375,000 (the "Offer"). The Offer is for a maximum of approximately 27.8% of the total number of issued and outstanding shares as at the date of the Circular if the Purchase Price is determined to be $0.55 per share and for a maximum of approximately 23.5% if the Purchase Price is determined to be $0.65 per share. The Offer expires at 5:00 p.m. (Eastern Time) on January 17, 2023 unless terminated, extended or varied (the "Expiration Time").

The Company also expressly reserves the right, in its sole discretion, (i) to terminate the Offer and not take up and pay for any shares not theretofore taken up and paid for if certain events occur as described under Section 7 – Certain Conditions of the Offer of the Circular, and/or (ii) at any time or from time to time, to vary the Offer in any respect, including increasing or decreasing the aggregate purchase price for shares that the Company may purchase or the range of prices it may pay pursuant to the Offer, subject to compliance with applicable securities legislation.

Each shareholder who has validly tendered shares pursuant to an auction tender at or below the Purchase Price, or pursuant to a Purchase Price Tender, as described in the Circular, and who has not properly withdrawn such shares, will receive the Purchase Price, payable in cash (subject to applicable withholding taxes, if any), for each share purchased, on the terms and subject to the conditions of the Offer, including the provisions relating to pro-ration and the preferential acceptance of odd lots, as described in the Circular.

If the aggregate purchase price for the shares validly tendered and not properly withdrawn pursuant to the Offer exceeds $3,375,000, then the Company will purchase such shares on a pro-rata basis according to the number of shares tendered by the shareholders, except that odd lot holders will be given preferential treatment.

Notice of Guaranteed Delivery – Settlement Procedure

The share certificates for all shares proposed to be taken up in proper form for transfer, together with a properly completed and duly executed Letter of Transmittal, or a manually executed photocopy thereof, or, in the case of a book-entry transfer, a Book-Entry Confirmation through the CDSX system (in the case of Shares held in CDS) and any other documents required by the Letter of Transmittal, are received by the Toronto, Ontario office of the Depositary, before 5:00 p.m. (Toronto time) on or before the second trading day on the TSX-V after the Expiration Date.

Mandatory trading and settlement rules:

1.         All trades on January 16, 2023, will be for Regular Settlement; and

2.         All Trades on January 17, 2023, will be for Special Settlement on January 18, 2023. These trades will appear on the CDS Settlement Report and will be recorded with a settlement date of January 18, 2023.

Investors should contact their broker for information or advice on their investment.

________________________________________

23/01/13  - TSX Venture Exchange Bulletins

TSX VENTURE COMPANIES

BEDFORD METALS CORP.  ("BFM")
BULLETIN TYPE:  Private Placement-Non-Brokered; Convertible Debenture
BULLETIN DATE:  January 13, 2023
TSX Venture Tier 2 Company 

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered private placement announced on November 11, 2022, and December 14, 2022:

Private Placement


Number of Shares:

4,502,000 shares


Purchase Price:

$0.085 per share


Warrants:

4,502,000 share purchase warrants to purchase 4,502,000 shares


Warrant Exercise Price:

$0.115 for a five year period


Number of Placees:

13 placees

Insider / Pro Group Participation:




Placees

# of Placee (s)

Aggregate # of Shares



Aggregate Existing Insider Involvement:

4

92,000

Aggregate Pro Group Involvement:

N/A

N/A

Aggregate Cash
Amount

Aggregate #

of Shares

Aggregate #

of Warrants

Finder's Fee:

N/A

N/A

N/A








Convertible Debenture


Convertible Debenture

$ 617,000


Conversion Price:

Convertible into a maximum of 5,365,218 common shares at $0.115 of   

Principal outstanding




Maturity date: 

5 years from the date of issuance


Warrant

5,364,815 detachable common share purchase warrants. Each warrant will have a term of five years from the date of issuance and entitle the holder to purchase one common share. The warrants are exercisable at the price of $0.115.




Interest rate:

8% per annum


Number of Placees:  

2 placees

Insider / Pro Group Participation:




Placees

# of Placee (s)

Aggregate # of Shares



Aggregate Existing Insider Involvement:

N/A

N/A

Aggregate Pro Group Involvement:

N/A

N/A

Aggregate Cash
Amount

Aggregate #

of Shares

Aggregate #

of Warrants

Finder's Fee:

N/A

N/A

N/A




The Company issued a news release on January 6, 2023 confirming closing of the private placement and convertible debenture.

________________________________________

CANADIAN NORTH RESOURCES INC. ("CNRI")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  January 13, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement:

Number of FT Shares:

1,793,224 flow-through shares ("FT Shares")


Purchase Price:

$2.70 per FT Share


Number of Placees:

13 placees


Insider / Pro Group Participation:




Placees

# of Placee (s)

Aggregate # of FT Shares



Aggregate Existing Insider Involvement:

2

25,926

Aggregate Pro Group Involvement:

N/A

N/A

Aggregate Cash
Amount

Aggregate #

of Shares

Aggregate #

of Warrants

Finder's Fee:

$286,302.28

N/A

N/A




The Company issued news releases on December 16, 2022 and December 22, 2022 confirming closing of the first tranche and second tranche, respectively, with an updating news release issued on January 13, 2023 in connection to the private placement.

________________________________________

CANSO SELECT OPPORTUNITIES CORPORATION ("CSOC.A") ("CSOC.B")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  January 13, 2023
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with respect to the non-arm's length acquisition of 70,000 Class A common shares of Lysander Funds Limited ("Lysander") pursuant to a share purchase agreement dated October 17, 2022 (the "Agreement") between the Company and a non-arm's length vendor (the "Vendor").  The 70,000 Class A common shares represent approximately 9% beneficial ownership interest in Lysander.

Pursuant to the terms of the Agreement, the Company issued 2,440,239 Class B subordinate voting shares of the Company to the Vendor as consideration.

For further details, please refer to the Company's news releases dated January 13, 2023.

________________________________________

GLOBAL ENERGY METALS CORPORATION ("GEMC")
BULLETIN TYPE:  Warrant Price Amendment
BULLETIN DATE:  January 13, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the reduction in the exercise price of the following warrants:

Private Placement:


# of Warrants:  

4,882,500


Expiry Date of Warrants:  

4,220,000 will expire on March 7, 2024 (unchanged)

662,500 will expire on March 24, 2024 (unchanged)


Forced Exercise Provision:

If the closing price for the Company's shares is $0.10 or greater for a period of 10 consecutive trading days, then the warrant holders will have 30 days to exercise their warrants; otherwise the warrants will expire on the 31st day.


Original Exercise Price of Warrants:

$0.40


New Exercise Price of Warrants:

$0.08


These warrants were issued pursuant to a private placement of 4,882,500 shares with 4,882,500 share purchase warrants attached, which was accepted for filing by the Exchange effective March 25, 2022.

________________________________________

GLOBAL ENERGY METALS CORPORATION ("GEMC")
BULLETIN TYPE:  Warrant Price Amendment
BULLETIN DATE:  January 13, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the reduction in the exercise price of the following warrants:

Private Placement:


# of Warrants:

4,224,000


Expiry Date of Warrants:

1,616,000 will expire on September 8, 2023 (unchanged)

2,608,000 will expire on September 27, 2023 (unchanged)


Forced Exercise Provision:  

If the closing price for the Company's shares is $0.10 or greater for a period of 10 consecutive trading days, then the warrant holders will have 30 days to exercise their warrants; otherwise the warrants will expire on the 31st day.

Original Exercise Price of Warrants:

$0.15


New Exercise Price of Warrants:

$0.08


These warrants were issued pursuant to a private placement of 5,278,000 shares with 5,278,000 share purchase warrants attached, which was accepted for filing by the Exchange effective January 29, 2021.

________________________________________

GLOBAL ENERGY METALS CORPORATION ("GEMC")
BULLETIN TYPE:  Warrant Price Amendment
BULLETIN DATE:  January 13, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the reduction in the exercise price of the following warrants:

Private Placement:


# of Warrants:  

4,400,000


Expiry Date of Warrants:  

3,480,000 will expire on May 12, 2023 (unchanged)

920,000 will expire on May 13, 2023 (unchanged)


Forced Exercise Provision:

If the closing price for the Company's shares is $0.10 or greater for a period of 10 consecutive trading days, then the warrant holders will have 30 days to exercise their warrants; otherwise the warrants will expire on the 31st day.


Original Exercise Price of Warrants:

$0.30


New Exercise Price of Warrants:

$0.08


These warrants were issued pursuant to a private placement of 4,400,000 shares with 4,400,000 share purchase warrants attached, which was accepted for filing by the Exchange effective May 25, 2021.

________________________________________

KDA GROUP INC. ("KDA")
BULLETIN TYPE:   Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 13, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation the Share Purchase Agreement dated December 16, 2022 ("Agreement"), between KDA Group Inc. (the "Company") and arm's length parties. Pursuant to the terms of the Agreement, the Company has acquired Covapharm Inc. for a consideration of $200,000.00 payable in monthly instalments of $10,000.00 over a period of twenty (20) months from the closing date and a maximum of 1,825,000 Class A shares of the Company.

Insider / Pro Group Participation: None

For further information, please reference the Company's news release dated December 21, 2022.

GROUPE KDA INC. (« KDA »)
TYPE DE BULLETIN :   Convention d'achat de propriété d'actif ou d'actions
DATE DU BULLETIN : Le 13 janvier 2023
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt de la documentation la convention d'achat d'actions datée du 16 décembre 2022 (la « convention ») entre Groupe KDA inc. (la « société ») et des personnes sans lien de dépendance. Conformément aux termes de la convention, la société a acquis Covapharm Inc. pour une contrepartie de 200 000,00 $ payable en versements mensuels de 10 000,00 $ sur une période de vingt (20) mois à compter de la date de clôture et un maximum de 1 825 000 actions de catégorie A de la société.

Participation d'initiés / Groupe Pro: Aucune

Pour plus d'information, veuillez-vous référer au communiqué de presse émis par la société le 21 décembre 2022.

____________________________________

KINTAVAR EXPLORATION INC. ("KTR")
BULLETIN TYPE:  Non-Brokered Private Placement
BULLETIN DATE:  January 13, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement (the "Private Placement"):

Number of Securities:

5,148,750 flow-through common shares


Purchase Price:

$0.08 per common share


Warrants:

5,148,750 common share purchase warrants to purchase 5,148,750 shares


Warrants Exercise Price:

$0.10 per share for a period of 24 months following the closing of the Private Placement


Number of Placees:

28 Placees


Insider / ProGroup Participation:


Placees

# of Placee (s)

# of shares

Aggregate Existing Insider Involvement:

2

262,500







Aggregate Cash
Amount

Aggregate #

of Shares

Aggregate #

of Warrants

Finders' Fee:

$8,792

Nil Share

109,900 Warrants




Finders' Warrants Terms: Each warrant entitles the holder to purchase one common share at an exercise price of $0.10 for a period of 24 months following the closing of the Private Placement.

The Company has confirmed the closing of the Private Placement in a news release dated December 30, 2022.

KINTAVAR EXPLORATION INC. (« KTR »)
TYPE DE BULLETIN: Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN: Le 13 janvier 2023
Société du groupe 2 de TSX Croissance 

Bourse de Croissance TSX a accepté le dépôt de la documentation de la société en vertu d'un placement privé sans l'entremise d'un courtier (le « placement privé »):

Nombre d'actions:   

5 148 750 actions ordinaires accréditives




Prix :  

0,08 $ par action ordinaire




Bons de souscription : 

5 148 750 bons de souscription permettant de souscrire à 5 148 750 actions


Prix d'exercice des bons : 

0,10 $ par action pour une période de 24 mois suivant la clôture du placement privé


Nombre de souscripteurs:

28 souscripteurs


Participation d'initiés / Groupe Pro:


Souscripteurs

# de souscripteur (s)

# d'actions

Souscription totale des initiés existants

2

262 500




Montant total en
espèces

# total d'actions

# total de bons de
souscription

Honoraires d'intermédiation :

8 792 $

0 actions

109 900 bons
de souscription




Modalités des bons de souscription aux intermédiaires : chaque bon de souscription permet de souscrire une action ordinaire à un prix d'exercice de 0,10 $ pour une période de 24 mois suivant la clôture du placement privé.

La société a confirmé la clôture du placement privé dans un communiqué de presse daté du 30 décembre 2022.

________________________________________

MANGANESE X ENERGY CORP. ("MN")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE:  January 13, 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:

3,958,212


Exercise Price of Warrants:

$0.44


Original Expiry Date of Warrants:  

February 11, 2023

New Expiry Date of Warrants:

February 11, 2025


These warrants were issued pursuant to a private placement of 4,958,212 shares with 4,958,212 share purchase warrants attached, which was accepted for filing by the Exchange effective February 12, 2021.

________________________________________

MASIVO SILVER CORP. ("MASS")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  January 13, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on May 12, 2022 and June 24, 2022.

Number of Shares:

11,036,000 shares


Purchase Price:

$0.05 per share


Warrants:

11,036,000 share purchase warrants to purchase 11,036,000 shares


Warrant Exercise Price:  

$0.10 for a two-year period


Number of Placees:  

16 placees


Insider / Pro Group Participation:  

N/A


The Company issued a news release on January 12, 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.

________________________________________

NEUTRISCI INTERNATIONAL INC. ("NU")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  January 13, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,461,280 shares to settle outstanding debt for $29,225.60 owed to a non-arm's length creditor and 1,000,000 units to settle outstanding debt for $20,000.00 owed to an arm's length creditor. Each unit consists of one common share and one common share purchase warrant with an exercise price of $0.05 for a two-year period.

Number of Creditors:                 2 Creditors

Non-Arm's Length Party / Pro Group Participation:





Creditors

# of
Creditors

Amount Owing

Deemed Price
per Share

Aggregate # of
Shares





Aggregate Non-Arm's
Length Party Involvement:

1

$29,225.60

$0.02

1,461,280

Aggregate Pro Group
Involvement:

 N/A

N/A

N/A

N/A

Warrants:

1,000,000 share purchase warrants to purchase 1,000,000 shares


Warrant Exercise Price:

$0.05 for a two-year period


For further information, please refer to the Company's news releases dated November 23, 2022 and January 11, 2023.

________________________________________

NEW FOUND GOLD CORP. ("NFG")
BULLETIN TYPE:  Prospectus - Share Offering
BULLETIN DATE:  January 13, 2023
TSX Venture Tier 2 Company

Effective December 14, 2022, the Company's Prospectus Supplement dated December 9, 2022 (the "Supplement") to the short form base shelf prospectus dated July 22, 2022, was filed with and accepted by TSX Venture Exchange (the "Exchange").

The Exchange has been advised that closing occurred on December 14, 2022, for gross proceeds of $50,000,000.

Underwriters:  

BMO Nesbitt Burns Inc. ("Lead Underwriter"), Paradigm Capital Inc., Canaccord Genuity Corp., Laurentian Bank Securities Inc., National Bank Financial Inc., Roth Canada, Inc. (together with the Lead Underwriter, the "Underwriters").


Offering:

6,250,000 flow-through common shares in the capital of the Company ("FT Shares").


FT Share Price:

$8.00 per FT Share.


Underwriter's Commission:

$1,102,500 cash paid to BMO Nesbitt Burns Inc.

$279,300 cash paid to Paradigm Capital Inc.

$179,550 cash paid to Canaccord Genuity Corp.

$179,550 cash paid to Laurentian Bank Securities Inc.

$179,550 cash paid to National Bank Financial Inc.

$179,550 cash paid to Roth Canada, Inc.


Over-Allotment Option:

The Company granted the Underwriters an option to purchase additional FT Shares for up to 15% of the offering until 30 days after closing. As of the Bulletin Date, the Underwriters have not exercised the over-allotment Option.


Please refer to the Company's news releases dated December 7, 2022, and December 14, 2022, for further details.

_______________________________________

ROKMASTER RESOURCES CORP. ("RKR")
BULLETIN TYPE:  Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE:  January 13, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a Duncan Lake Zinc Property Termination Agreement dated December 30, 2022, between Rokmaster Resources Corp. (the Company) and three arm's-length parties (the Vendors) to amend the original Duncan Lake Zinc Property Purchase Agreement dated November 2, 2016.  In consideration of the Vendors agreeing to the cancellation of 12,000,000 Series A special warrants, 12,000,00 Series B special warrants, 12,000,000 Series C special warrants and a 2.5% NSR the Company will issue 3,000,000 common shares to the Vendors.

For further information please see the Company's news releases dated November 2, 2016 and January 4, 2023.

________________________________________

RUBICON ORGANICS INC. ("ROMJ") ("ROMJ.WT")
BULLETIN TYPE:  Halt
BULLETIN DATE:  January 13, 2023
TSX Venture Tier 2 Company

Effective at 7:02  a.m. PST, Jan. 13, 2023, trading in the shares of the Company was halted,  
pending Company Contact; 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.

________________________________________

RUBICON ORGANICS INC. ("ROMJ") ("ROMJ.WT")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  January 13, 2023
TSX Venture Tier  2 Company

Effective at  7:45 a.m. PST, Jan. 13, 2023, shares of the Company resumed trading, an announcement having been made.

________________________________________

SOURCE TSX Venture Exchange

Market Information Services at 1-888-873-8392, or email: [email protected]

Organization Profile

TSX Venture Exchange