Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • Webcasts
  • Data Privacy
  • Français
  • my CNW 
    • Login
    • Register
  • Client Login 
    • Online Member Centre
    • Next Gen Communications Cloud
    • Cision Communications Cloud®
  • Sign Up
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
Advanced Search
  • News in Focus
      • Browse News Releases

      • All News Releases
      • All Public Company
      • News Releases Overview

      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
      • Multimedia Gallery Overview

      • Trending Topics

      • All Trending Topics
  • Business
      • Auto & Transportation

      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • Auto & Transportation Overview

      • View All Auto & Transportation

      • Business Technology

      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • Business Technology Overview

      • View All Business Technology

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Financial Services & Investing

      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • Financial Services & Investing Overview

      • View All Financial Services & Investing

      • General Business

      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • General Business Overview

      • View All General Business

  • Science & Tech
      • Consumer Technology

      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • Consumer Technology Overview

      • View All Consumer Technology

      • Energy & Natural Resources

      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • Energy & Natural Resources Overview

      • View All Energy & Natural Resources

      • Environ­ment

      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • Environ­ment Overview

      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • Heavy Industry & Manufacturing Overview

      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • Telecomm­unications Overview

      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • Consumer Products & Retail Overview

      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Health

      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • Health Overview

      • View All Health

      • Sports

      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • Sports Overview

      • View All Sports

      • Travel

      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • Travel Overview

      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Canadian Federal Government
      • Canadian Municipal Government
      • Canadian Provincial Government
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • Policy & Public Interest Overview

      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • People & Culture Overview

      • View All People & Culture

  • Advanced Search
  • Overview
  • Multichannel Amplification
  • Monitoring
  • Distribution
  • Multimedia
  • Guaranteed Paid Placement
  • AI Tools
  • IR
  • Become a Client
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • General Enquiries
  • Media
  • Worldwide Offices
  • Hamburger menu
  • Cision Canada
  • Send a Release
  • FR
    • Phone

    • 877-269-7890 from 8 AM - 10 PM ET

    • ALL CONTACT INFO
    • Contact Cision

      877-269-7890
      from 8 AM - 10 PM ET

  • Send a Release
  • Sign Up
  • Resources
  • Blog
  • Journalists
  • Webcasts
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
  • Business
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign Up
  • Resources
  • Blog
  • Journalists
  • Webcasts
  • GDPR
  • Overview
  • Multichannel Amplification
  • Monitoring
  • Distribution
  • Multimedia
  • Guaranteed Paid Placement
  • AI Tools
  • IR
  • Send a Release
  • Sign Up
  • Resources
  • Blog
  • Journalists
  • Webcasts
  • GDPR
  • Become a Client
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • General Enquiries
  • Media
  • Worldwide Offices
  • Send a Release
  • Sign Up
  • Resources
  • Blog
  • Journalists
  • Webcasts
  • GDPR

TSX Venture Exchange Stock Maintenance Bulletins


News provided by

TSX Venture Exchange

Jul 13, 2022, 23:24 ET

Share this article

Share toX

Share this article

Share toX

VANCOUVER, BC, July 13, 2022 /CNW/ -

TSX VENTURE COMPANIES

ALPHAMIN RESOURCES CORP.  ("AFM")
BULLETIN TYPE:  Declaration of Dividend - Correction
BULLETIN DATE:  July 13, 2022
TSX Venture Tier 2 Company

Dividend Amount per Common Share:  $0.03
Payable Date: August 5, 2022
Record Date: July 22, 2022
Ex-dividend Date: July 21, 2022

The issuer has advised that further to the dividend notice which was issued on July 7, 2022 the type of dividend on its common shares should have indicated regular, not special.

________________________________________

CLIFFSIDE CAPITAL LTD. ("CEP")
BULLETIN TYPE:  Declaration of Dividend
BULLETIN DATE:  July 13, 2022
TSX Venture Tier  2 Company

The Issuer has declared the following dividend:

Dividend per common share:  $0.0025
Payable Date: August 2, 2022
Record Date: July 18, 2022
Ex-dividend Date:  July 15, 2022 

 ________________________________________

MINEWORX TECHNOLOGIES LTD. ("MWX") ("MWX.RT")
BULLETIN TYPE:  Rights Offering-Shares
BULLETIN DATE:  July 13, 2022
TSX Venture Tier 2 Company

The Company has announced it will offer to Shareholders of record on July 18, 2022, transferable Rights to purchase common shares of the Company (each a "Share").  One (1) Right will be issued for each Share held.   One (1) Right and $0.015 are required to purchase one (1) Share of the Company.  The expiry date for the Rights Offering is September 12, 2022.  As at July 8, 2022, the Company had 347,178,581 shares issued and outstanding.

Effective at the opening, Friday, July 15, 2022, the shares of the Company will trade Ex-Rights and the Rights will commence trading at that time on a 'when-issued basis'.  The Company is classified as a ''Mining Exploration" company.

Summary:


Basis of Offering

For every one (1) Share held, Shareholders will
receive one (1) Right exercisable for One (1)
Share at $0.015 per Share.

Record Date

July 18, 2022

Shares Trade Ex-Rights

July 15, 2022

Rights Called for Trading

July 15, 2022

Rights Trade for Cash

September 8, 2022

- Trading in the Rights shall be for cash for the two trading days preceding the expiry date.

Rights Expire

September 12, 2022 at 5:00 PM (EST).

Halt and Delist

The rights will be halted at 12:00 PM (EST) on
September 12, 2022 and delisted at market close.      

TRADE DATES

September 08, 2022 - TO SETTLE - September 09, 2022
September 09, 2022 - TO SETTLE - September 12, 2022
September 12, 2022 - TO SETTLE - September 12, 2022

Rights Trading Symbol

MWX.RT        

Rights CUSIP Number

603465121

Subscription Agent and Trustee

Computershare Investor Services Inc.

Authorized Jurisdiction(s):

All provinces and territories in Canada and in all
jurisdictions outside Canada excluding any
jurisdiction that does not provide a prospectus
exemption.

For further details, please refer to the Company's news release dated July 8, 2022 and the Rights Offering Circular dated July 8, 2022, which is available on www.sedar.com.

The Company's Rights Offering Circular has been filed with and accepted by the TSX Venture Exchange.

________________________________________

NEX COMPANY:

DLV RESOURCES LTD. ("DLV.H")
BULLETIN TYPE:  Consolidation
BULLETIN DATE:  July 13, 2022
NEX Company

Pursuant to a resolution passed by directors on June 28, 2022, the Company has consolidated its capital on a five (5) old for one (1) new basis.  The name of the Company has not been changed.

Effective at the opening July 15, 2022, the common shares of DLV Resources Ltd. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mining Exploration' company.

Post - Consolidation



Capitalization

Unlimited

shares with no par value of which


14,868,066

shares are issued and outstanding

Escrow

nil

shares are subject to escrow

Transfer Agent

TSX Trust Company

Trading Symbol

DLV.H              (UNCHANGED)

CUSIP Number

23342T204        (new)

________________________________________

22/07/13  - TSX Venture Exchange Bulletins

TSX VENTURE COMPANIES

CUB ENERGY INC. ("KUB")
BULLETIN TYPE:  Remain Halted
BULLETIN DATE:  July 13, 2022
TSX Venture Tier 1 Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated July 11, 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.

________________________________________

EAGLE PLAINS RESOURCES LTD. ("EPL")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  July 13, 2022
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 30, 2022:

Number of Shares

7,571,058 flow-through shares

Purchase Price

$0.17 per share

Warrants

3,785,529 share purchase warrants to purchase 3,785,529 shares

Warrant Exercise Price

$0.25 for a two-year period

Number of Placees

48 placees

Insider / Pro Group Participation:


Name

Insider=Y /
ProGroup=P

# of Shares

Timothy Termuende

Y

250,000

Toklat Resources Inc.
(Timothy Termuende)

Y

300,000

Glen Diduck

Y

300,000

Paul Reynolds

Y

100,000

Aggregate Pro Group Involvement 
[1 placee]

P

300,000

Finder's Fee

Aggregate cash commission of $3,570 payable to Haywood Securities Inc.

                    

Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s) on July 11, 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.

________________________________________

LUMIERA HEALTH INC. ("NHP")
BULLETIN TYPE:  Warrants for Bonus
BULLETIN DATE:  July 13, 2022
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 5,000,000 non-transferable bonus warrants in consideration for loan agreements dated June 17, 2022 and June 30, 2022 (together "the Agreements"), between the Company, and certain arm's length and non-arm's length parties (collectively the "Lenders"). Pursuant to the Agreements, the Lenders advanced an aggregate of CDN$293,000 principal amount to the Company (the "Loan"). The Loan will have a term of 1-year and shall bear interest at a rate of 15% per annum.

Each bonus warrant is exercisable into one common share at CDN$0.05 until July 5, 2023.

Insider / Pro Group Participation: 



Name

Insider=Y /
ProGroup=P

# of Bonus Warrants

9206-8618 QC Inc. (André Rancourt)

Y

1,500,000

Fiducie De La Maison Bleue (Robert Brouillette)

Y

1,500,000

For further details, please refer to the Company's news release dated July 05, 2022.

LUMIERA SANTÉ INC. (« NHP »)
TYPE DE BULLETIN:  Émission de bons de souscription en paiement de primes
DATE DU BULLETIN:  le 13 juillet 2022
Société du groupe 2 de TSX croissance

La Bourse de croissance TSX a accepté le dépôt de documents par la société pour l'émission de 5 000 000 de bons de souscription non transférables en prime en contrepartie de conventions de prêt datées des 17 juin 2022 et 30 juin 2022 (collectivement " les conventions "), entre la société et des parties dont certaines sans lien de dépendance et d'autre ayant un lien de dépendance (collectivement les " prêteurs "). En vertu des conventions, les prêteurs ont avancé un montant total de 293 000 $ CA en capital à la société (le « prêt »). Le prêt aura une durée d'un an et comportera intérêt au taux de 15 % par an.

Chaque bon de souscription peut être exercé en une action ordinaire au prix de 0,05 $ CA jusqu'au 5 juillet 2023.

Participation initié / Groupe Pro :   



Nom

Initié=Y /
Groupe Pro=P

# de Bons de souscription

9206-8618 QC Inc. (André Rancourt)

Y

1 500 000

Fiducie De La Maison Bleue (Robert Brouillette)

Y

1 500 000

Pour plus de détails, veuillez-vous référer au communiqué de presse de la société daté du 5 juillet 2022.

________________________________________

NEW STRATUS ENERGY INC. ("NSE")
BULLETIN TYPE:  Normal Course Issuer Bid
BULLETIN DATE:  July 13, 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 July 7, 2022, it may repurchase for cancellation, up to 6,024,675 common shares in its own capital stock.  The purchases are to be made through the facilities of the TSX Venture Exchange or other recognized marketplaces during the period of July 20, 2022 to July 19, 2023.  Purchases pursuant to the bid will be made by Paradigm Capital Inc. (John Bellamy) on behalf of the Company.

For more information, please refer to the Company's news release dated July 13, 2022.

________________________________________

PLAYMAKER CAPITAL INC. ("PMKR")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  July 13, 2022
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing the documentation relating to an asset purchase agreement (the "Agreement") dated July 5, 2022, between Double Decker Group LLC dba World Soccer Talk and several arm's length parties (collectively the "Vendors") and Playmaker Capital Inc. (the "Company"). Pursuant to the Agreement the Company has acquired 100% of the digital assets of the Vendor, including, but not limited to, domain names, and social media and intellectual property.

As consideration, the Company shall issue 510,000 common shares at a deemed price of CAD$0.75 per share and make a cash payment of USD$350,000 to the Vendors upon closing. The Vendors are also entitled to up to a maximum of USD$500,000 in earn-out payments, payable in cash, subject to the achievement of certain performance and revenue targets over the 2-year period following closing.

For more information, please refer to the Company's news releases dated July 5, 2022.

________________________________________

POOL SAFE INC. ("POOL")
BULLETIN TYPE:  Shares for Bonuses
BULLETIN DATE:  July 13, 2022
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue up to 42,750,000 bonus warrants, each bonus warrant is exercisable for one common share at a price of $0.05 for three years from the date of issuance (which includes a warrant acceleration provision), in consideration for subscribers participating in an up to $1,500,000 non-brokered unsecured non-convertible debenture financing. Each debenture unit consists of (a) one $1,000 face value debenture and (b) 28,500 common share bonus warrants of the Company.  The debentures will mature three years from the date of issuance and will bear an interest rate of 8% per annum.

For additional details, please refer to the Company's news release dated July 13, 2022

________________________________________

SOFTROCK MINERALS LTD. ("SFT")
BULLETIN TYPE:  Halt
BULLETIN DATE:  July 13, 2022
TSX Venture Tier  2 Company

Effective at 11:35 a.m. PST, July 12, 2022, 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.

________________________________________

SOFTROCK MINERALS LTD. ("SFT")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  July 13, 2022
TSX Venture Tier  2 Company

Effective at  12:15 p.m. PST, July 12, 2022, shares of the Company resumed trading, an announcement having been made.

________________________________________

TORQ RESOURCES INC. ("TORQ")
BULLETIN TYPE:  Shares for Bonuses
BULLETIN DATE:  July 13, 2022
TSX Venture Tier 2 Company

TSX Venture Exchange ("Exchange") has accepted for filing the Company's proposal to issue 3,333,333 non-transferable common share purchase warrants ("Warrants") to 191010 Investments Ltd. (the "Lender") in return for an immediate $2,000,000 loan advance to the Company, pursuant to the terms of the Loan and Credit Facility Agreement (the "Agreement") dated July 11, 2022. The Company may also draw up to an additional $1,000,000 from the Lender, at which time additional Warrants will be priced and issued to the Lender, subject to Exchange approval. The Agreement will be secured against the Company's assets and will bear an interest rate of 9% per annum, with a maturity date of two years from the Agreement date. Each Warrant shall be exercisable for one common share in the capital of the Company at an exercise price of $0.60, with the expiry date being the lesser of two years from and the term to expiry of the Agreement.

For further information, please refer to the Company's press releases dated June 23, 2022 and July 11, 2022.

________________________________________

TRILLIUM GOLD MINES INC. ("TGM")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  July 13, 2022
TSX Venture Tier 2 Company

TSX Venture Exchange ("Exchange") has accepted for filing documentation the Purchase and Sale Agreement dated June 1, 2022 between the Company and St. Anthony Gold Corp. ("STAG"); the Option Agreement between the Company and STAG dated October 22, 2019; and the Assignment, Assumption and Termination Agreement among the Company, STAG and Benton Resources Inc. ("Benton") (collectively, the "Agreements"). Pursuant to the terms of the Agreements, the Company will acquire all of the rights and title to the Panama Lake property ("Property") held by STAG. The Company may also purchase and assume the right, title and interest of STAG under the Option Agreement. Benton will agree to consent to the assignment of the Option Agreement to the Company while retaining its 50% ownership interest in the property until such time as the Company fulfils its option to earn 100% interest (stated below).

In consideration of the Purchase and Sale Agreement, the Company will pay to STAG a cash payment of $500,000 and will issue 1,000,000 common shares of the Company ("Shares") at a deemed price of $0.30 per Share. In the event the Company acquires 100% interest in the Property, STAG has the right to cause the Company to exercise its buyback right to repurchase from Benton one-half of the 2% net smelter royalty ("NSR") on the Property, and convey the repurchased 1% to STAG in exchange for a cash payment by STAG to the Company for $1,000,000.

Pursuant to the terms of the Option Agreement, the Company may purchase certain interest in the Property from Benton for cash consideration and the completion of required exploration expenditures (see below). In the event that the Company completes a NI 43-101 report for the Property, the Company will issue an additional cash payment to Benton based on the number of ounces of gold in the NI 43-101 report multiplied by $0.50.

Due Date

Interest

Cash

Work

From closing

Purchased

Payment

Commitment

42 months

70 %

$ 100,000

$ 250,000

48 months

100 %

$ 300,000

$ 300,000

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 June 1, 2022 and July 13, 2022.

________________________________________

SOURCE TSX Venture Exchange

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

Modal title

Organization Profile

TSX Venture Exchange

    Also from this source

  • TSX Venture Exchange Stock Maintenance Bulletins

  • TSX Venture Exchange Stock Maintenance Bulletins

  • TSX Venture Exchange Stock Maintenance Bulletins

Contact Cision

  • 866-245-2317
    from 8 AM - 10 PM ET
  • Become a Client
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • General Enquiries
  • Media

Products

  • Cision Communications Cloud®
  • Media Monitoring
  • Content Distribution
  • Multimedia Distribution
  • Measurement & Analytics
  • Investor Relations

About

  • About Cision Canada
  • About Cision
  • Media Partners
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Online Member Centre
  • Next Gen Communications Cloud
  • Cision Communications Cloud®
  • my CNW

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Centre
  • Next Gen Communications Cloud
  • Cision Communications Cloud
  • my CNW
877-269-7890
from 8 AM - 10 PM ET
  • Terms of Use
  • Information Security Policy
  • Site Map
  • Cookie Settings
  • Accessibility Statement
Copyright © 2025 CNW Group Ltd. All Rights Reserved. A Cision company.