TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, BC, Nov. 18, 2022 /CNW/ -
TSX VENTURE COMPANIES
BULLETIN TYPE: Other
BULLETIN DATE: November 18, 2022
Tier 1 and Tier 2 Companies
Mandatory Trading and Settlement Rules for Securities Trading in US Dollars
Further to the TSX Staff Notice #2017-0003 dated September 5, 2017, all trades on Tuesday, November 22, 2021 in the following securities that trade in US dollars will be for Special Settlement on Friday, November 25, 2022.
T+3 special settlement rules are being imposed for these securities to accommodate the US banking holiday on Thursday, November 24, 2022.
Trading in the corresponding securities which trade in Canadian dollars (if applicable) will not be affected by these special settlement rules.
Company Name |
Security |
US Dollar Symbol |
Freeman Gold Corp. |
Warrants |
FMAN.WT.U |
AIP Realty Trust |
USD Units |
AIP.U |
Alpine Summit Energy Partners Inc. |
USD Units |
ALPS.U |
Firm Capital Apartment Real Estate Investment Trust |
USD Units |
FCA.U |
Partners Value Investments LP |
Preferred Shares, Series A |
PVF.PR.U |
NexPoint Hospitality Trust |
USD Units |
NHT.U |
Pine Trail Real Estate Investment Trust |
USD Units |
PINE.U |
Starlight US Multi Family 2 Core Plus US |
USD Units |
SCPT.U |
Starlight US Residential Fund USD |
USD Units |
SURF.U |
________________________________________
QUADRO RESOURCES LTD. ("QRO")
BULLETIN TYPE: Consolidation
BULLETIN DATE: November 18, 2022
TSX Venture Tier 2 Company
Pursuant to Directors resolution dated November 4, 2022, the Company has consolidated its capital on a Three (3) old for One (1) new basis. The name of the Company has not been changed.
Effective at the opening Tuesday November 22, 2022, the common shares of Quadro Resources Ltd. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a ''Mineral Exploration and Development" company.
Post - Consolidation |
|
Capitalization: |
unlimited shares with no par value of which |
27,844,925 shares are issued and outstanding |
|
Escrow |
nil shares are subject to escrow |
Transfer Agent: |
Olympia Trust Company |
Trading Symbol: |
QRO UNCHANGED |
CUSIP Number: |
74733P301 NEW |
________________________________________
VANADIAN ENERGY CORP. ("VEC.H")
[formerly Vanadian Energy Corp. ("VEC")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE: November 18, 2022
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 Tuesday, November 22, 2022, 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 November 22, 2022, 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 VEC to VEC.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.
_______________________________________
NEX COMPANY:
ROME RESOURCES LTD. ("RMR")
[formerly Rome Resources Ltd. ("RMR.H")]
BULLETIN TYPE: Reinstated for Trading, Private Placement-Non-Brokered, Property-Asset or Share Purchase Agreement, Graduation from NEX to TSX Venture, Symbol Change
BULLETIN DATE: November 18, 2022
NEX Company
REINSTATED FOR TRADING
Further to the TSX Venture Exchange (the "Exchange") Bulletin dated April 4, 2016, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission dated April 1, 2016 has been revoked.
Effective at the opening, Tuesday November 22, 2022, trading will be reinstated in the securities of the Company (CUSIP 775901101).
PRIVATE PLACEMENT – NON-BROKERED
The Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on May 26, 2022, August 22, 2022 and November 15, 2022:
Number of Shares: |
5,600,000 shares |
Purchase Price: |
$0.15 per share |
Warrants: |
5,600,000 share purchase warrants to purchase 5,600,000 shares |
Warrant Exercise Price: |
$0.25 for a one-year period |
Number of Placees: |
26 placees |
Insider / Pro Group Participation:
Placees |
# of Placee (s) |
Aggregate # of Shares |
Aggregate Existing Insider Involvement: |
1 |
100,000 |
Aggregate Pro Group Involvement: |
1 |
100,000 |
The Company issued a news release on November 18, 2022 confirming closing of the private placement. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
PROPERTY-ASSET OR SHARE PURCHASE AGREEMENT
The Exchange has accepted for filing documentation with respect to the arm's length acquisition, via option agreements, of options to acquire direct and indirect interests (collectively, the "Interests") in two tin exploration permits in Walikale district of the North Kivu province in eastern Democratic Republic of the Congo (DRC), together comprising the Bisie North tin project. The options to acquire the Interests are exercisable in two stages.
CASH ($) |
SECURITIES |
WORK EXPENDITURES |
|
CONSIDERATION (FIRST OPTION) |
$Nil |
12,000,000 Common Shares |
$500,000 |
CONSIDERATION (SECOND OPTION) |
$Nil |
36,000,000 Common Shares |
$3,500,000 |
Common shares of the Company issuable as consideration to acquire the Interests will be subject to a Tier 2 Value Escrow Agreement upon issuance.
For further details, please refer to the Company's news releases dated May 24, 2022, August 22, 2022, September 23, 2022, November 15, 2022 and November 18, 2022.
GRADUATION FROM NEX, SYMBOL CHANGE
The Company has met the requirements to be listed as a TSX Venture Tier 2 Company. Therefore, effective on November 22, 2022, the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to Vancouver.
Effective at the opening, Tuesday November 22, 2022, the trading symbol for the Company will change from RMR.H to RMR. The Company is classified as a 'mineral exploration' company.
Capitalization: |
unlimited common shares with no par value of which |
65,865,939 common shares are issued and outstanding |
|
Escrow: |
12,000,000 common shares are subject to Tier 2 Value Escrow |
up to 36,000,000 additional common shares to become subject to Tier 2 Value Escrow upon issuance |
_______________________________________
22/11/18 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
ALPHA COGNITION INC. ("ACOG") ("ACOG.WT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 18, 2022
TSX Venture Tier 2 Company
Effective at 6:30 a.m. PST, November 18, 2022, shares of the Company resumed trading, an announcement having been made.
________________________________________
ANGEL GOLD CORP. ("ANG")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 18, 2022
TSX Venture Tier 2 Company
Effective at 6:30 a.m. PST, November 18, 2022, shares of the Company resumed trading, an announcement having been made.
________________________________________
BULLION GOLD RESOURCES CORP. ("BGD")
BULLETIN TYPE: Non-Brokered Private Placement
BULLETIN DATE: November 18, 2022
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: |
6,071,875 common shares |
Purchase Price: |
$0.08 per common share |
Warrants: |
3,035,938 common share purchase warrants to purchase 3,035,938 shares |
Warrants Exercise Price: |
$0.15 per share until September 21, 2023 |
Number of Placees: |
20 Placees |
Insider / Pro Group Participation: |
||
Placees |
# of Placee (s) |
Aggregate # of Shares |
Aggregate Existing Insider Involvement: |
1 |
259,375 |
Aggregate Pro Group Involvement: |
0 |
N/A |
Aggregate Cash Amount |
Aggregate # of Shares |
Aggregate # of Warrants |
|
Finder's Fee: |
$8,160 |
0 |
N/A |
The Company has confirmed the closing of the Private Placement in a news release dated March 28, 2022 and November 18, 2022. 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.
BULLION GOLD RESOURCES CORP. (« BGD »)
TYPE DE BULLETIN: Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN: Le 18 novembre 2022
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: |
6 071 875 actions ordinaires |
Prix : |
0,08 $ par action ordinaire |
Bons de souscription : |
3 035 938 bons de souscription permettant de souscrire à 3 035 938 actions |
Prix d'exercice des bons : |
0,15 $ par action jusqu'au 21 septembre 2023 |
Nombre de souscripteurs: |
20 souscripteurs |
Participation d'initiés / Groupe Pro:
Souscripteurs |
# total de souscripteurs: |
# total d'actions |
Participation total d'initiés: |
1 |
259 375 |
Participation total de Groupe Pro: |
0 |
S/O |
Montant total en espéces ($) |
# total d'actions |
# total de bon de souscription |
|
Honoraire d'intermédiation: |
8 160 $ |
0 |
S/O |
La société a confirmé la clôture du placement privé dans des communiqués de presse daté du 28 mars 2022 et 18 novembre 2022. Notez que dans certaines circonstances, la Bourse peut ensuite prolonger la durée des bons de souscription, s'ils sont inférieurs à la durée maximale autorisée.
________________________________________
CONSOLIDATED URANIUM INC. ("CUR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 18, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Share Sale and Purchase Agreement (the "Agreement") dated September 6, 2022, as amended on October 30, 2022, among the Company and several arm's length parties, whereby the Company has agreed to acquire all shares of Management X Pty Ltd., which holds a 100% undivided interest in the West Newcastle Range, Teddy Mountain and Ardmore East Projects (the "Property").
Under the terms of the Agreement, the Company has agreed to pay $200,000 in cash and issue up to 598,843 common shares at a deemed price of $2.296 per share on closing and up to 400,000 common shares within eight years from the date of the Agreement and when certain triggering events occur.
For more information, please refer to the Company's news releases dated September 6, 2022 and October 31, 2022.
________________________________________
FIREFOX GOLD CORP. ("FFOX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 18, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on September 21, 2022:
Number of Units: |
5,060,000 units ("Units"). Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant |
Purchase Price: |
$0.10 per Unit |
Warrants: |
2,530,000 common share purchase warrants to purchase 2,530,000 common shares |
Warrant Exercise Price: |
$0.18 for a two year period |
Number of Placees: |
7 placees |
Insider / Pro Group Participation:
Insider=Y / |
||
Name |
ProGroup=P |
# of Units |
Aggregate Insider Involvement |
Y |
2,250,000 |
[2 placees] |
Finder's Fee: |
An aggregate of $1,800.00 in cash payments and 18,000 Finder's Warrants payable to certain arm's length Finders. |
Each Finder's Warrant will be exercisable for one common share of the Company at an exercise price of $0.18 for a two year period from the closing date of the offering.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued news releases dated October 7, 2022 and November 16, 2022 announcing the closing of the first tranche and second tranche, respectively, of the private placement and setting out the expiry dates of the hold period(s).
________________________________________
GALANTAS GOLD CORPORATION ("GAL")
BULLETIN TYPE: Private Placement-Brokered and Non-Brokered
BULLETIN DATE: November 18, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered and Non-Brokered Private Placement announced October 31, 2022:
Number of Shares: |
13,111,119 common shares |
Purchase Price: |
$0.45 per common share |
Warrants: |
6,555,558 share purchase warrants to purchase 6,555,558 shares |
Warrant Exercise Price: |
$0.55 for a period of two years |
Number of Placees: |
60 Placees |
Insider / Pro Group Participation:
Name |
Insider=Y / ProGroup=P |
Number of Shares |
Aggregate Insider Involvement [2 Placees] |
Y |
4,055,557 |
Aggregate Pro Group Involvement [5 Placees] |
P |
676,673 |
Broker/Finder's Fee: |
The eligible brokers have received an aggregate of $369,000 cash payment and 820,000 broker's warrants, each exercisable into one common share at $0.45 per share for a period of two years. |
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.
For more information, please refer to the Company's news releases dated August 8, 2022, August 11, 2022, August 30, 2022 and October 31, 2022.
________________________________________
NICOLA MINING INC. ("NIM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 18, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non- Brokered Private Placement announced on November 07, 2022:
Number of Shares: |
6,049,470 common shares |
Purchase Price: |
$0.095 per share |
Number of Placees: |
7 placees |
Insider / Pro Group Participation:
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Aggregate Pro Group Involvement [2 Placee] |
P |
2,365,263 Shares |
Finder's Fee: |
$24,499.98 payable to BMO. |
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release on November 17, 2022, announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
________________________________________
PETROTEQ ENERGY INC. ("PQE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 18, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on September 30, 2022 and October 11, 2022:
Number of Shares: |
2,200,000 common shares |
Purchase Price: |
$0.05 per share |
Warrants: |
1,100,000 share purchase warrants to purchase 1,100,000 shares |
Warrant Exercise Price: |
$0.05 for a period of 24 months |
Number of Placees: |
1 placee |
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 November 11, 2022 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.
________________________________________
PHENOM RESOURCES CORP. ("PHNM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 18, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced on October 03, 2022:
Number of Shares: |
6,097,000 Units |
Purchase Price: |
$0.30 per Unit |
Warrants: |
3,048,500 Warrants |
Warrant Exercise price: |
$0.50 for a 3-year period |
Number of Placees: |
40 placees |
Insider / Pro Group Participation:
Insider=Y / |
||
Name |
ProGroup=P |
# of Units |
Aggregate Pro Group Involvement [1 Placee] |
P |
83,333 Units |
Aggregate Insider Involvement [1 Placee] |
Y |
150,000 Units |
Finder's Fee: $ 2,550 payable to Canaccord Genuity Corp.
$ 13,020 payable to PI Financial
$ 4,200 payable to Cormel Capital SARL
$ 5,670 payable to Haywood Securities Inc.
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release on October 21, 2022, and November 14, 2022, announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
________________________________________
SLAM EXPLORATION LTD. ("SXL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 18, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to an Option Agreement dated November 2, 2022 (the "Agreement") between the Company, and an arm's length party (the "Optionor"). Pursuant to the terms of the Agreement, the Company will acquire a 100% interest in 1 mineral tenure comprising 125 units in the Roger Lake gold property, located near Lepreau, New Brunswick (the "Property"). As consideration the Company will make an aggregate payment of $200,000 cash and issue 1,000,000 common shares ("Share Consideration") of the Company at a deemed price of $0.035 per share over a 4 year period.
The Optionor will retain a 2.0% Net Smelter Royalty ("NSR") on the Property. The Company has the right to buy back one-half of the royalty equal to 1.0% NSR for $1,000,000 at any time and the further right to buy back the remaining royalty equal to 1.0% NSR for $2,000,000 at any time.
The Share Consideration will be subject to a four month hold period following closing of this transaction.
For further information, refer to the Company's news releases dated November 2, 2022 and November 17, 2022.
________________________________________
XANDER RESOURCES INC. ("XND")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 18, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange ("Exchange") has accepted for filing documentation the Option to Purchase agreement ("Agreement") dated October 13, 2022 ("Signing Date"), between the Company and multiple arm's length vendors (the "Vendors"). Pursuant to the terms of the Agreement, the Company has been granted the exclusive option to purchase up to a 100% interest in and to 100 mineral claims located in Timmins, ON, known as the CNC West Property ("Property"). As consideration for the Agreement, the Company will provide the Vendors with payments of cash and common shares of the Company ("Shares") as outlined in the schedule below. The Company has also committed to minimum work expenditures on the Property ("Work Commitment").
Due Date |
Payment (Cash) |
Payment (Shares) |
Work Commitment |
Upon Signing Date |
$ 50,000 |
NIL |
NIL |
Upon Exchange Approval |
NIL |
9,000,000 |
NIL |
6 months from Signing Date |
$ 100,000 |
NIL |
NIL |
12 months from Signing Date |
$ 100,000 |
NIL |
$ 50,000 |
18 months from Signing Date |
$ 100,000 |
NIL |
NIL |
24 months from Signing Date |
$ 100,000 |
NIL |
$ 500,000 |
Up to a maximum of $400,000 of Work Commitment expenditures may be satisfied through payments of cash or Shares at the election of the Company (subject to prior Exchange approval), with the deemed price of the Shares issued determined by the 10-day VWAP at the time of issuance.
The Vendor will retain a 3% net smelter royalty ("NSR") on all mineral products sold from the Property. At any time, the Company may purchase one-third of the Original Royalty by payment to the NSR holder of $1,000,000.
This acquisition is considered an Arm's Length transaction.
For further information, please refer to the Company's news releases dated October 21, 2022 and November 17, 2022.
________________________________________
ZACAPA RESOURCES LTD. ("ZACA")
BULLETIN TYPE: Correction, Private Placement – Non-Brokered
BULLETIN DATE: November 18, 2022
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange bulletin dated November 1, 2022 ("Bulletin"), the following details have been corrected by the Company as follows:
Aggregate Cash |
Aggregate # of Shares |
Aggregate # of Finder Warrants |
||||
Finder's Fee: [6 Finders] |
$43,496 |
N/A |
291,972 |
|||
Finder's Warrants shall be exercisable into Shares at a price of $0.22 per Finder's Warrant until October 28, 2025. |
||||||
The remainder of the Bulletin remains unchanged.
For further details on the correction, please refer to the Company's press release dated November 18, 2022.
__________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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