TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, April 24, 2020 /CNW/ -
TSX VENTURE COMPANIES
None.
20/04/24 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
BLUE THUNDER MINING INC. ("BLUE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 24, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to an asset purchase agreement (the "Agreement") dated April 20, 2020, between O3 Mining Inc. (the "Vendor") and Blue Thunder Mining Inc. (the "Company"). Pursuant to the Agreement, the Company shall acquire 100% interest in Fancamp and Embry gold properties ("the Properties") owned by the Vendor, located in the Chibougamau Mining District of Quebec.
Pursuant to the Agreement, in order to acquire the Properties, the Company must issue 4,514,436 common shares to the Vendor. In addition, the Vendor will be granted a 2% net smelter return royalty over the Properties.
For more information, refer to the Company's news releases dated February 19, 2020 and April 20, 2020.
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FIREFOX GOLD CORP. ("FFOX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 24, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced and closed on Apr 23, 2020:
Number of Shares: |
5,630,000 shares |
Purchase Price: |
$0.05 per share |
Warrants: |
5,630,000 share purchase warrants to purchase 5,630,000 shares |
Warrant Initial Exercise Price: |
$0.08 |
Warrant Term to Expiry: |
2 Years |
Number of Placees: |
21 Placees |
Insider / Pro Group Participation:
Name |
Insider=Y / |
# of Shares |
Magnus Minerals Oy |
400,000 |
|
(Henrik Lofberg) |
||
(Carl Lofberg) |
Y |
|
Carl Lofberg |
Y |
150,000 |
Robert Patrick Highsmith |
Y |
100,000 |
Joseph Mullin III |
Y |
100,000 |
Petri Nousiainen |
Y |
100,000 |
Finder's Fee: |
Pertinax Capital BVBA - $1,350.00 in cash payments |
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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PUMA EXPLORATION INC. ("PUMA")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 24, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to an purchase option agreement (the "Agreement") dated April 15, 2020, between 9248-7792 Quebec Inc. and Prospect Or Corp (together the "Vendors") and the Company, in connection with the option to acquire a 100% interest in 21 mineral claims covering 458 hectares known as the Williams Brook Center property (the "Property") located in New-Brunswick.
Pursuant to the Agreement, the Company shall issue 400,000 common shares, make cash payments totaling $50,000 over a period of 4 years following the closing of the Agreement, and make additional performance payments of up to $175,000.
The Vendors will retain a 2% net smelter return royalty, of which half of it (i.e. 1%) may be purchased at any time by the Company for $1,000,000. The Company will retain a right of first refusal on the remaining 1% net smelter return royalty.
For further information, please refer to the Company's press release dated April 16, 2020.
EXPLORATION PUMA INC. ("PUMA")
TYPE DE BULLETIN : Convention d'achat de propriété d'actif ou d'actions
DATE DU BULLETIN : Le 24 avril 2020
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents relativement à une convention d'option d'achat (la « convention ») datée du 15 avril 2020, entre 9248-7792 Québec Inc. et Prospect Or Corp. (ensemble les « vendeurs ») et la société, concernant l'option d'acquérir 100% des intérêts de 21 claims couvrant 458 hectares connus sous le nom de propriété Williams Brook Center (la « propriété ») localisée dans le Nouveau-Brunswick.
Conformément à la convention, la société devra émettre 400 000 actions ordinaires, effectuer des paiements en espèces totalisant 50 000 $ sur une période de 4 ans suivant la clôture de la convention, et effectuer des paiements additionnels de performance allant jusqu'à 175 000 $.
Les vendeurs retiendront un revenu net de fonderie de 2%, dont la moitié (i.e. 1 %) est rachetable en tout temps par la société pour 1 000 000 $. La société se réserve le droit de premier refus sur le 1 % restant.
Pour plus d'information, veuillez-vous référer au communiqué de presse émis par la société le 16 avril 2020.
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SOLARVEST BIOENERGY INC. ("SVS")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: April 24, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,997,500 shares to settle outstanding debt for $399,750.
Number of Creditors: 3 Creditors
Insider / Pro Group Participation:
Creditor |
Insider=Y |
Amount |
Deemed Price |
# of Shares |
Gerri Greenham |
Y |
$300,000 |
$0.15 |
2,000,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
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SUSTAINCO INC. ("SMS")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: April 24, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Share Purchase Agreement (the "Agreement") effective as of April 14, 2020, between the Company and Groundheat Solar Wind Corp. (the "Purchaser"), whereby all of the issued and outstanding common shares of Clean Energy Developments Corp. ("CleanEnergy"), wholly-owned subsidiary of the Company, will be sold to the Purchaser.
Under the terms of the Agreement, the Company has agreed to receive $50,000 in cash as a consideration for the disposition of CleanEnergy.
For more information, please refer to the Company's news release dated April 15, 2020.
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THE WESTAIM CORPORATION ("WED")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 24, 2020
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Subscription Agreement dated March 24, 2020 (the "Agreement"), between The Westaim Corporation (the "Company") and an indirect subsidiary of the Company - Houston International Insurance Group, Ltd. ("HIIG" or "the Subco"), whereby the Company subscribed to USD$44,003,574 of Series A Convertible Preferred Stock of the Subco. The investment was made through participation of the Company in a rights offering undertaken by HIIG to raise up to USD$100,000,000 (the "Rights Offering").
Following completion of the Rights Offering, the Company maintains its 44.0% look through interest in HIIG.
For further details, please refer to the Company's news releases dated March 19, 2020 and April 22, 2020.
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SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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