TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, BC, April 27, 2022 /CNW/ -
AEQUUS PHARMACEUTICALS INC. ("AQS") ("AQS.DB")
BULLETIN TYPE: Delist
BULLETIN DATE: April 27, 2022
TSX Venture Tier 2 Company
Effective at the close of business on Monday May 2, 2022, the Company's non-convertible unsecured subordinated debentures will be delisted from TSX Venture Exchange due to an early redemption.
Effective at the opening on Monday May 02, 2022, the debentures will be halted.
Mandatory trading and settlement rules:
Trade Dates Settlement Dates
April 28, 2022 April 29, 2022
April 29, 2022 April 29, 2022
The Company's common shares will continue to trade on TSX Venture Exchange.
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RAZOR ENERGY CORP. ("RZE.RT")
BULLETIN TYPE: Rights Expiry-Delist
BULLETIN DATE: April 27, 2022
TSX Venture Tier 1 Company
Effective at the opening May 4, 2022, the Rights of the Company will trade for cash. The Rights expire May 6, 2022 and will therefore be halted at Noon E.T. and delisted at the close of business May 6, 2022
May 4, 2022 - TO SETTLE – May 5, 2022
May 5, 2022 - TO SETTLE – May 6, 2022
May 6, 2022 - TO SETTLE – May 6, 2022
The above is in compliance with Trading Rule C.2.18 – Expiry Date:
Trading in the rights shall be for cash for the two trading days preceding the expiry date and also on expiry date. On the expiry date, trading shall cease at 12 o'clock noon E.T. and no transactions shall take place thereafter except with permission of the Exchange.
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REGENCY SILVER CORP. ("RSMX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 27, 2022
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletin dated April 22, 2022, effective at the opening Friday, April 29, 2022 trading in the shares of the Company will resume.
Refer to the Company's news release dated April 26, 2022, available on SEDAR.
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ASIABASEMETALS INC. ("ABZ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 27, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 1, 2022:
Number of Shares: 4,015,000 shares
Purchase Price: $0.11 per share
Warrants: 4,015,000 share purchase warrants to purchase 4,015,000 shares
Warrant Exercise Price: $0.15 for a five-year period
Number of Placees: 6 placees
Insider / Pro Group Participation:
Name Insider=Y / ProGroup=P # of Shares
Summit Point Capital Partners LP (Henry Park) Y 900,000
Terrylene Penstock Y 1,965,000
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release dated April 27, 2022 announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
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GENESIS METALS CORP. ("GIS")
BULLETIN TYPE: Halt
BULLETIN DATE: April 27, 2022
TSX Venture Tier 2 Company
Effective at 5:57 a.m. PST, April 27, 2022, 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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GR SILVER MINING LTD. ("GRSL")
BULLETIN TYPE: Halt
BULLETIN DATE: April 27, 2022
TSX Venture Tier 2 Company
Effective at 6:23 a.m. PST, April 27, 2022, 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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GOBIMIN INC. ("GMN")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: April 27, 2022
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 April 25, 2022, it may repurchase for cancellation, up to 2,459,749 common shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange during the period from April 29, 2022 to April 28, 2023. Purchases pursuant to the bid will be made by Raymond James Ltd. on behalf of the Company.
For more information, please refer to the Company's news release dated April 27, 2022.
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HANSTONE GOLD CORP. ("HANS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 27, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on April 21, 2022:
Number of Shares: 2,000,000 flow through shares
Purchase Price: $0.25 per share
Warrants: 2,000,000 share purchase warrants to purchase 2,000,000 common shares
Warrant Exercise Price: $0.30 for a one year period
Number of Placees: 5 placees
Insider / Pro Group Participation:
Name Insider=Y / ProGroup=P # of Shares
Raymond Marks Y 300,000
Agent's Fee: Odlum Brown Limited received $1,750 cash and 7,000 finder's warrants. Each finder warrant is exercisable to purchase one common share at an exercise price of $0.30 for a two year period.
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release on April 26, 2022 announcing the closing of the private placement and setting out the expiry dates 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.
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HIGH TIDE INC. ("HITI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 27, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation the Asset Purchase Agreement ("APA") dated March 2, 2022 and the Amending Agreement to the APA dated April 22, 2022 (collectively, the "Agreements") among the Company, Canna Cabana Inc. dba Crossroads Cannabis ("Purchaser"), and Robert John Rowe ("Vendor"). Pursuant to the terms of the Agreements, the Purchaser will acquire certain assets of the business from the Vendor including, but not limited to, three storefront locations in Ontario, Canada. As consideration of the purchase, the Company will provide the Vendor with a payment of $1,902,231.75 through the issuance of 378,079 common shares of the Company ("Share") at a deemed price of $5.0313 per Share.
Insider / Pro Group Participation: None
Finders' Fees: None
This acquisition is considered an Arm's Length transaction.
For further information, please refer to the Company's news releases dated March 3, 2022 and April 27, 2022.
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NEWRANGE GOLD CORP. ("NRG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 27, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 24, 2022, March 14, 2022 and April 20, 2022:
Number of Shares: 2,002,356 flow-through shares
7,270,000 non flow-through shares
Purchase Price: $0.085 per flow-through share
$0.07 per non flow-through share
Warrants: 4,636,178 share purchase warrants to purchase 4,636,178 shares
Warrant Exercise Price: $0.12 for a two-year period
Number of Placees: 20 placees
Insider / Pro Group Participation:
Name Insider=Y / ProGroup=P # of Shares
Platoro Resources Corp.
(Robert Archer) Y 700,000
David Cross Y 215,000
Robert Archer Y 700,000
Aggregate Pro Group Involvement P 117,650
[1 placee]
Finder's Fee: $2,940 cash and 42,000 warrants payable to Canaccord Genuity Corp.
$2,940 cash and 42,000 warrants payable to Cormel Capital Sarl
$9,310 cash payable to NAI Interactive Ltd.
$10,500 cash and 123,529 warrants payable to RBC Investor Services Trust
Finder's fee warrants are exercisable at $0.12 per share for two years.
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), 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. 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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NORTHERN SUPERIOR RESOURCES INC. ("SUP")
BULLETIN TYPE: Halt
BULLETIN DATE: April 27, 2022
TSX Venture Tier 1 Company
Effective at 5:56 a.m. PST, April 27, 2022, 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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NOWVERTICAL GROUP INC. ("NOW")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 27, 2022
TSX Venture Tier 2 Company
The TSX Venture Exchange has accepted for filing documentation relating to a Stock Purchase Agreement dated December 20, 2021 (the "Agreement"), between the Company and the sole shareholder (the "Vendor") of Allegient Defense, Inc. (the "Target"), a U.S.-based government defense contractor providing systems engineering and technical assistance support to the Department of Defense through data analysis and assessment of cutting edge technologies. Pursuant to the Agreement, the Company acquired from the Vendor all of the issued and outstanding shares of the Target on April 6, 2022.
As consideration for the Target's shares, the Company paid the Vendor an aggregate of USD$10,400,000, satisfied by cash payments of USD$2,000,000, the issuance of 600,000 subordinate voting shares at a price of USD$1.00 per share, and the assumption of USD$3,800,000 in indebtedness, which was subsequently refinanced. The Vendor is also entitled, subject to achieving certain performance targets, to receive earn-out payments of up to USD$4,000,000 over a period of three years post-closing, payable in either cash or subordinate voting shares.
For more information, please refer to the Company's news releases dated December 21, 2021 and April 6, 2022.
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POWER GROUP PROJECTS CORP. ("PGP")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: April 27, 2022
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated April 26, 2022, trading in the shares of the Company will remain halted Pending Receipt and review of acceptable documentation regarding the Fundamental Acquisition pursuant to Section 5.6(d) of Exchange Policy 5.3
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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TRISTAR GOLD INC. ("TSG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 27, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 31, 2022:
Number of Shares: 25,000,000 shares
Purchase Price: $0.20 per share
Warrants: 12,500,000 share purchase warrants to purchase 12,500,000 shares
Warrant Exercise Price: $0.30 for a two-year period expiring on April 14, 2024, subject to an acceleration clause
Number of Placees: 1 placee
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company has issued a news release on April 18, 2022, announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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