TSX Venture Exchange Stock Maintenance Bulletins

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TSX Venture Exchange

Jul 05, 2023, 22:38 ET

VANCOUVER, BC, July 5, 2023 /CNW/ -

TSX VENTURE COMPANIES

BULLETIN TYPE:  Cease Trade Order
BULLETIN DATE:  July 5, 2023
TSX Venture Company

A Cease Trade Order has been issued by the Alberta and Ontario Securities Commissions on July 4, 2023 against the following company for failing to file the documents indicated within the required time period:

Symbol

Tier

Company

Failure to File

Period

Ending

(Y/M/D)

MNC

MNC.PR.A

2

Magnetic North

Acquisition Corp.

Annual audited financial statements,
annual management's discussion and
analysis and certification of the annual
filings for the year.

2022/12/31



 

Interim unaudited financial reports, interim
management's discussion and analysis
and certification of the interim filings for the
interim period

(collectively, the Unfiled Documents).

 

2023/03/31

Upon revocation of the  Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements.  Members are prohibited from trading in the securities of the companies during the period of the suspension or until further notice.

________________________________________

IMPERIAL EQUITIES INC. ("IEI")
BULLETIN TYPE:  Declaration of Dividend
BULLETIN DATE: July 5, 2023
TSX Venture Tier 2 Company

The Issuer has declared the following dividend:

Dividend per Class A Common Share:  $0.02
Payable Date:  August 3, 2023
Record Date:  July 21, 2023
Ex-dividend Date: July 20, 2023

________________________________________

PINE TRAIL REAL ESTATE INVESTMENT TRUST ("PINE.U") ("PINE.UN")
BULLETIN TYPE:  Notice of Distribution
BULLETIN DATE:  July 5, 2023
TSX Venture Tier 2 Company

The Issuer has declared the following distributions:

Distribution per CAD unit: Cdn$0.0003
Distribution per USD unit:  Cdn$0.0003
Payable Date: July 17, 2023
Record Date:  July 10, 2023
Ex-distribution Date: July 7, 2023 

________________________________________

23/07/05 - TSX Venture Exchange Bulletins

TSX VENTURE COMPANIES

APOLLO SILVER CORP. ("APGO")
BULLETIN TYPE:  Warrant Price Amendment; Warrant Term Extension
BULLETIN DATE: July 5, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the reduction in the exercise price and the extension in the expiry date of the following warrants:

Private Placement:

# of Warrants:

35,266,667

Original Expiry Date of Warrants:

July 8, 2023

New Expiry Date of Warrants:

July 8, 2026


Original Exercise Price of Warrants:

$1.25

New Exercise Price of Warrants:

$0.79

These warrants were issued pursuant to a private placement of 70,533,334 shares with 35,266,667 share purchase warrants attached, which was accepted for filing by the Exchange effective July 26, 2021.

________________________________________

ATHABASCA MINERALS INC. ("AMI ")
BULLETIN TYPE:  Property-Asset or Share Disposition Agreement
BULLETIN DATE:  July 5, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to the disposition of certain non-core assets of the Company including five surface mineral leases, including Coffey Lake, the Warrensville South and North properties, two inventory stockpiles, one metallic and industrial minerals lease, and equipment associated with select pits (collectively, the "Non-Core Assets"). Pursuant to the terms of a purchase agreement ("Agreement") between the Company and an arm's length vendor ("Vendor"), the Company will dispose of its Non-Core Assets to the Vendor in return for an aggregate cash consideration consisting of $3,200,000 ("Cash Consideration").

$300,000 out of the Cash Consideration will be subject to a holdback until the assignment and transfer of the leases and upon completion of certain outstanding regulatory obligations on one of the leases. 

For further details, please refer to the Company's news release dated June 30, 2023.

________________________________________

AWALE RESOURCES LIMITED ("ARIC")
BULLETIN TYPE:  Private Placement-Brokered
BULLETIN DATE:  July 5, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on January 30, 2023 and April 4 and 25, 2023

Number of Shares:

19,642,181 shares


Purchase Price:

$0.12 per share


Warrants:

9,821,089 share purchase warrants to purchase 9,821,089 shares


Warrant Exercise Price:

$0.20 for a three-year period


Number of Placees:                  

11 placees

Insider / Pro Group Participation:

Placees

# of Placee (s)

Aggregate # of Shares



Aggregate Existing Insider Involvement:

N/A

N/A

Aggregate Pro Group Involvement:

4

1,098,166

Agent's Fee:

Aggregate Cash
Amount 

Aggregate #
of Shares

Aggregate # 
of Compensation
Options

Beacon Securities Limited

$52,064.40

N/A

430,305

Vukasin Pekovic

N/A

312,500

 

N/A




Devrim Jan Turkdogan

N/A

312,500

N/A

Agent's Compensation Options Terms: Each compensation option entitles the holder to purchase one common share at the price of $0.12 for a period of three years from the date of issuance.

Beacon Securities Limited will also receive a corporate finance fee equal to $100,000, payable in 833,333 Units at the issue price of $0.12 per Unit with the same terms as the offering.

The Company issued a news release on May 24, 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.]

________________________________________

CURRIE ROSE RESOURCES INC. ("CUI") 
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  July 5, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing an acquisition of a Non-Arm's Length Party (the "Target") pursuant to a share exchange agreement dated March 21, 2023 (the "Agreement") between the Company, the Target and the shareholders of the Target (the "Target Shareholders").

The Target, in partnership with an arm's length party (the "Optionor"), is developing solid state bulk exportable hydrogen technologies for deployment away from the production source, with the objective of it being economically and commercially viable (the "Hydrogen Project"). The Target has an option to acquire 100% of the intellectual property rights from the Optionor associated with the Hydrogen Project for 24 months after completion of the Hydrogen Project by paying AUD $1,000,000 to the Optionor and the Optionor will be entitled to future performance payments comprised of: (i) AUD $4,000,000 at the time of completion of an industry-standard feasibility study; and (ii) AUD $6,000,000 at the time of reaching commercial production.

Pursuant to the terms of the Agreement, the Company will issue 50,000,000 shares, subject to Tier 2 value escrow, to the Target Shareholders, pay an annual contribution of AUD $70,000 for five years towards the Hydrogen Project and will be subject to a 5% royalty on future production in order to complete the acquisition of the Target. At closing, the Target will become a wholly owned subsidiary of the Company.

For further details, please refer to the Company's news releases dated March 23, 2023, May 15, 2023 and June 19, 2023.

________________________________________

FIREFOX GOLD CORP. ("FFOX")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  July 5, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on February 27, 2023:

Number of Units: 

9,785,000 units ("Units"). Each Unit will consist of one common share of the
Company and one common share purchase warrant


Purchase Price:

$0.10 per Unit


Warrants:

9,785,000 share purchase warrants to purchase 9,785,000 shares


Warrant Exercise Price:  

$0.15 for a two-year period


Number of Placees:

15 placees

Insider / Pro Group Participation:




Placees

# of Placee (s)

Aggregate # of Units



Aggregate Existing Insider Involvement:

2

1,300,000

Aggregate Pro Group Involvement:

N/A

N/A

Aggregate Cash
Amount

Aggregate # 
of Shares

Aggregate # 
of Finder's
Warrants 




Finder's Fee:

$36,000.00

N/A

360,000 Finder's
Warrants

Finder's Warrants Terms: Each Finder's Warrant entitles the holder to purchase one common share at the price of $0.15 for period of two years from the date of issuance.

The Company issued a news release on April 14, 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.

________________________________________

FIRST HYDROGEN CORP. ("FHYD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 5, 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, 2023:

Number of Shares:

1,680,300 shares


Purchase Price:

$2.40 per share


Warrants:

1,680,300 share purchase warrants to purchase 1,680,300 shares


Warrant Exercise Price:

$2.85 for a two-year period


Number of Placees:

20 placees

Aggregate Cash
Amount

Aggregate # 
of Shares

Aggregate # 
of Warrants 

Finder's Fee:

$322,617.60

N/A

134,424

The Company issued a news release on May 29, 2023 and June 23, 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.]

________________________________________

HIGHWOOD ASSET MANAGEMENT LTD. ("HAM")
BULLETIN TYPE:  Halt
BULLETIN DATE:  July 5, 2023
TSX Venture Tier 2 Company

Effective at 6:02 a.m. PST, July 5, 2023, 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.

________________________________________

JACKPOT DIGITAL INC. ("JJ")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  July 5, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on March 29, 2023, and May 4, 2023

Convertible Debenture

$471,651.75


Conversion Price:

Convertible up to 6,288,690 common shares at $0.075 per share for the first
year and $0.10 thereafter. 


Maturity date:

Five years from issuance


Warrants

6,288,690 detachable common share purchase warrants. Each warrant will have a term of
five years from the date of issuance of the notes and entitle the holder to purchase one
common share. The warrants are exercisable at the price of $0.10.


Interest rate:

10% per annum


Number of Placees:

5 placees

Insider / Pro Group Participation:




Placees

# of Placee (s)

Aggregate # of Shares



Aggregate Existing Insider Involvement:

NA

NA

Aggregate Pro Group Involvement:

NA

NA

Aggregate Cash
Amount

Aggregate # 
of Shares

Aggregate # 
of Warrants 

Finder's Fee:

$375

NA

5,000

Finder's Warrants Terms: Each warrant entitles the holder to purchase one common share at the price of $0.10 for a period of 5 years from the date of issuance.

The Company issued a news release on June 27, 2023, confirming the closing of the private placement. 

________________________________________

KDA GROUP INC. ("KDA")
BULLETIN TYPE:   Property-Asset or Share Disposition Agreement
BULLETIN DATE: July 5, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation of a Share Purchase Agreement dated May 26, 2023 (the "Agreement") between KDA Group Inc. (the "Company") and arm's length parties. Pursuant to the terms of the Agreement, effective on Jun 28, 2023, the Company has disposed all the shares of its wholly-owned subsidiary Agence L.I.V. Inc. for an aggregate cash consideration of $13,500,000 subject to closing adjustments.

For further information, please refer to the Company's news release dated June 28, 2023.

GROUPE KDA INC. (« KDA »)
TYPE DE BULLETIN :   Convention de vente d'actifs ou d'actions
DATE DU BULLETIN : Le 5 juillet 2023
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt de la documentation d'une convention d'achat d'actions datée du 26 mai 2023 (la « Convention ») entre Groupe KDA Inc. (la « Société ») et des personnes sans lien de dépendance. Conformément aux termes de la Convention ayant une date de prise d'effet du 28 juin 2023, la Société a cédé toutes les actions de sa filiale en propriété exclusive Agence L.I.V. Inc. pour une contrepartie totale en espèces de 13 500 000 $ sous réserve des ajustements de clôture.

Pour plus d'information, veuillez-vous référer au communiqué de presse émis par la Société le 28 juin 2023.

_______________________________________

MARTELLO TECHNOLOGIES GROUP INC. ("MTLO")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  July 5, 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 15, 2023:

Number of Shares:

24,000,000 common shares


Purchase Price:

$0.05 per share


Number of Placees:                  

1 placee

Insider / Pro Group Participation:




Placees

# of Placee (s)

Aggregate # of Shares



Aggregate Existing Insider Involvement:

1

24,000,000

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

The Company issued a news release on May 24, 2023 and June 23, 2023, confirming closing of the private placement. 

________________________________________

NOVA ROYALTY CORP. ("NOVR")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  July 5, 2023
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation a Royalty Purchase Agreement dated June 29, 2023, between Nova Royalty Corp. (the "Company") and an arm's length party ("the Vendor"), whereby the Company has agreed to acquire a 0.25% net smelter return royalty (the "NSR Royalty") on the Tatogga project located in British Columbia, BC. The Company will also be granted a first right of refusal to purchase an additional 0.25% net smelter return royalty.

Under the terms of the agreement, in consideration for the NSR Royalty, a cash payment of US$1,000,000 is payable upon closing of the Transaction, and an issuance upon closing of US$2,750,000 in common shares (2,159,429 shares) of the Company will be made to the Vendor.

For further details, please refer to the Company's news release dated June 29, 2023.

________________________________________

OCEANIC IRON ORE CORP. ("FEO")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE: July 5, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,328,141 shares to settle outstanding debt for $92,969.87.

Number of Creditors:

18 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:

10

$81,684.12

$0.07

1,166,916

Aggregate Pro Group Involvement:

2

$3,516.73

$0.07

50,239

The Company shall issue a news release when the shares are issued and the debt extinguished.

________________________________________

PLURILOCK SECURITY INC. ("PLUR") 
BULLETIN TYPE:  Private Placement Non-Brokered
BULLETIN DATE:  July 5, 2023
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on June 01, 2023, June 13, 2023:

Number of Shares:

11,357,276 shares


Purchase Price:

$0.145 per share


Warrants:

11,357,276 share purchase warrants to purchase 11,357,276 shares


Warrant Exercise Price:

$0.20 for a four-year period from the date of issuance, subject to an accelerated
expiry.


Number of Placees:

67 placees

Insider / Pro Group Participation:




Placees

# of Placee (s)

Aggregate # of Shares



Aggregate Existing Insider Involvement:

2

119,484 common shares

Aggregate Pro Group Involvement:

6

785,000 common shares


Aggregate Cash
Amount

Aggregate # 
of Shares

Aggregate # 
of Warrants 

Finder's Fee:

$ 60,081,31

N/A

414,354

Finder's Warrants Terms: Each warrant entitles the holder to purchase one common share at the price of $0.20 for period of four years from the date of issuance.

Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news releases on June 22, 2023 and June 28, 2023, announcing the closing of each tranche of the private placement and setting out the expiry dates of the hold period(s).
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.

_________________________________________________

SEVEN OAKS CAPITAL CORP. ("SEVN.P")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  July 5, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 20, 2023:

Number of Shares:

1,576,560 common shares


Purchase Price:

$ 0.10 per common share


Number of Placees:

7 Placees

Aggregate Cash
Amount

Aggregate # 
of Shares

Aggregate # 
of Warrants 

Finder's Fee:

$1,253.12

N/A

N/A

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

________________________________________

SILVER ONE RESOURCES INC. ("SVE")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE:  July 5, 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: 10,191,669  
Original Expiry Date of Warrants: July 14, 2023  
New Expiry Date of Warrants: July 14, 2024
Exercise Price of Warrants: 0,65 (unchanged)

These warrants were issued pursuant to a private placement of 21,111,111 shares with 10,555,556 share purchase warrants attached, which was accepted for filing by the Exchange effective July 16, 2020.

________________________________________

SOUTH ATLANTIC GOLD INC. ("SAO") 
BULLETIN TYPE:  Halt
BULLETIN DATE:  July 5, 2023
TSX Venture Tier 2 Company

Effective at 6:26 a.m. PST, July 5, 2023, 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.

________________________________________

SOUTH ATLANTIC GOLD INC. ("SAO") 
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  July 5, 2023
TSX Venture Tier 2 Company

Effective at 8:30  a.m. PST, July 5, 2023, shares of the Company resumed trading, an announcement having been made.

________________________________________

THERALASE TECHNOLOGIES INC. ("TLT")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  July 5, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on June 30, 2023:

Number of Shares:

4,800,000 common shares


Purchase Price:

$0.25 per share


Warrants:

4,800,000 share purchase warrants to purchase 4,800,000 shares


Warrant Exercise Price: 

$0.35 for a two (2) year period


Number of Placees: 

23 placees

Insider / Pro Group Participation:




Placees

# of Placee (s)

Aggregate # of Shares



Aggregate Existing Insider Involvement:

2

1,110,000

Aggregate Pro Group Involvement:

2

180,000

Aggregate Cash
Amount

Aggregate # 
of Shares

Aggregate # 
of Warrants 

Finder's Fee:

$2,700

N/A

5,400




Finder's Warrants Terms: Each warrant entitles the holder to purchase one common share at the price of $0.35 for period of two (2) years from the date of issuance.

The Company issued news releases on June 30, 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.

________________________________________

VERTICAL EXPLORATION INC. ("VERT")
BULLETIN TYPE:  Private Placement – Non-Brokered,
BULLETIN DATE:  July 5, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on June 23, 2023:

Number of Shares:

14,160,000 common share units ("Units"), each Unit consisting of one common
share in the capital of the Company ("Share") and one transferrable Share
purchase warrant ("Warrant").


Purchase Price:

$0.05 per Unit.


Warrants:

14,160,000 Warrants to purchase 14,160,000 Shares.


Warrant Price:

$0.10 exercisable until June 30, 2025 being a period of two years from the date
of issuance.


Number of Placees: 

17 placees.


Insider / Pro Group Participation:


Insider=   Y /

Name

Pro Group= P

Number of Units

Aggregate Existing Insider Involvement:

N/A

N/A

Aggregate Pro Group Involvement:

     [1 Pro Group member]

P

1,214,000

Aggregate
Cash Amount

Aggregate #
of Shares

Aggregate # 
of Finder Warrants 

Finder's Fee:

$12,100

N/A

242,200

Finder Warrants are exercisable at $0.10 per Finder Share for a period of 1 year
from the date of issuance.

The Company issued news release on June 30, 2023, confirming the 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.

__________________________________

SOURCE TSX Venture Exchange

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

Organization Profile

TSX Venture Exchange