VANCOUVER, March 16, 2020 /CNW/ -
TSX VENTURE COMPANIES
DECISIVE DIVIDEND CORPORATION ("DE")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: March 16, 2020
TSX Venture Tier 2 Company
The Issuer has declared the following dividend(s):
Dividend per common share: $0.03
Payable Date: April 15, 2020
Record Date: March 31, 2020
Ex-dividend Date: March 30, 2020
________________________________________
FENGRO INDUSTRIES CORP. ("FGR.H")
[formerly Fengro Industries Corp. ("FGR")]
BULLETIN TYPE: Property-Asset or Share Disposition Agreement, Transfer and New Addition to NEX, Symbol Change, Remain Halted – Reverse Takeover
BULLETIN DATE: March 16, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange ("Exchange") has accepted for filing documentation related to a share purchase and sale agreement dated June 17, 2019 (the "Disposition Agreement") among the Company, Dusolo Mineraçao Ltda. ("Dusolo"), Geofoscal Comércio, Indústria, Representações e Transporte de Produtos Agropecuários Ltda. ("Geofoscal") and P-Tec Agro Mineraçao Spe Ltda., whereby the Company agreed to dispose of its Brazilian assets through the sale of Dusolo to Geofoscal, an arm's length party. Pursuant to the Disposition Agreement, Geofoscal agreed to pay to the Company a purchase price in accordance with the following schedule (where "R$" represents Brazilian reals): (a) June 24, 2019 – R$500,000; (b) October 15, 2019 – R$250,000; and (a) December 13, 2019 – R$250,000. The Company and Geofoscal also agreed to an earn out provision, pursuant to which, if, within 10 years after the closing date, Geofoscal transfers any equity interest in Dusolo to a third party, the Company shall be entitled to payment of an additional amount equivalent to 50% of any net gain realized by Geofoscal.
The disposition was approved by shareholders of the Company at a meeting held on October 18, 2019.
The Exchange has been advised by the Company that closing of the disposition occurred on February 26, 2020.
For further information, refer to the Company's information circular dated September 12, 2019 and news releases dated June 24, 2019, October 7, 2019, October 21, 2019, November 5, 2019, January 22, 2020 and February 26, 2020, which are available under the Company's profile on SEDAR.
Transfer and New Addition to NEX, Symbol Change
The Company has disposed of all or substantially all of its undertakings and, 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 Wednesday, March 18, 2020, 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 Wednesday, March 18, 2020, 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 FGR to FGR.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.
The Company is classified as a "Mining" company.
Remain Halted – Reverse-Takeover
Trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation pursuant to TSXV Policy 5.2 regarding a Reverse Takeover.
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JADESTONE ENERGY INC. ("JSE")
BULLETIN TYPE: Correction
BULLETIN DATE: March 16, 2020
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated March 12, 2020, the Bulletin should have read as follows:
Effective at the close of business on Tuesday, March 24, 2020, the common shares will be delisted from TSX Venture Exchange at the request of the Company.
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ORCA EXPLORATION GROUP INC. ("ORC.A") ("ORC.B")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: March 16, 2020
TSX Venture Tier 2 Company
The Issuer has declared the following dividends:
Dividend per Class A Voting: $0.06
Dividend per Class B SV: $0.06
Payable Date: April 30, 2020
Record Date: March 31, 2020
Ex-dividend Date: March 30, 2020
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PRODIGY VENTURES INC. ("PGV")
BULLETIN TYPE: Notice of Dividend
BULLETIN DATE: March 16, 2020
TSX Venture Tier 2 Company
The Issuer has declared the following dividend:
Dividend per Common share: $0.001
Payable Date: April 16, 2020
Record Date: March 31, 2020
Ex-dividend Date: March 30, 2020
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STARLIGHT U.S. MULTI-FAMILY (NO. 1) CORE PLUS FUND ("SCPO.UN")
BULLETIN TYPE: Notice of Distribution
BULLETIN DATE: March 16, 2020
TSX Venture Tier 1 Company
The Issuer has declared the following distribution:
Distribution per Unit: $0.0375
Payable Date: April 15, 2020
Record Date: March 31, 2020
Ex-distribution Date: March 30, 2020
________________________________________
SUNSET PACIFIC PETROLEUM LTD. ("SPK")
BULLETIN TYPE: Suspend
BULLETIN DATE: March 16, 2020
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange ('TSXV') Bulletin dated February 24, 2020, effective at the opening Wednesday, March 18, 2020, trading in the shares of the Company will be suspended for Failure to Comply with Exchange Requirements.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
________________________________________
20/03/16 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
ARCH BIOPARTNERS INC. ("ARCH")
BULLETIN TYPE: Halt
BULLETIN DATE: March 16, 2020
TSX Venture Tier 2 Company
Effective at 6:28 a.m. PST, March 16, 2020, 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.
________________________________________
AUMENTO CAPITAL VII CORPORATION ("AUOC.P")
BULLETIN TYPE: Halt
BULLETIN DATE: March 16, 2020
TSX Venture Tier 2 Company
Effective at 4:37 a.m. PST, March 16, 2020, trading in the shares of the Company was halted Failure to Complete a Qualifying Transaction within 24 Months Of Listing; 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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INCA ONE GOLD CORP. ("IO")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 16, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 529,034 shares at a deemed price of $0.20 to settle outstanding debt for $105,807 which is comprised of 2019 performance bonuses (405,284 shares) and Director's fees (123,750).
Number of Creditors: |
5 Creditors |
Insider / Pro Group Participation:
Creditor |
Insider=Y / |
Amount |
Deemed Price |
# of Shares |
Ed Kelly |
Y |
$34,143 |
$0.20 |
170,713 |
Kevin Hart |
Y |
$30,185 |
$0.20 |
150,926 |
Rodney Stevens |
Y |
$13,750 |
$0.20 |
68,750 |
Adrian Morger |
Y |
$11,000 |
$0.20 |
55,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
MONGOLIA GROWTH GROUP LTD. ("YAK")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: March 16, 2020
TSX Venture Tier 1 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 March 5, 2020, it may repurchase for cancellation, up to 2,500,000 shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange during the period March 19, 2020 to March 18, 2021. Purchases pursuant to the bid will be made by M Partners Inc. on behalf of the Company.
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NANOXPLORE INC. ("GRA")
BULLETIN TYPE: Halt
BULLETIN DATE: March 16, 2020
TSX Venture Tier 2 Company
Effective at 5:11 a.m. PST, March 16, 2020, 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.
________________________________________
NANOXPLORE INC. ("GRA")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 16, 2020
TSX Venture Tier 2 Company
Effective at 6:45 a.m. PST, March 16, 2020, shares of the Company resumed trading, an announcement having been made.
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NOVO RESOURCES CORP. ("NVO")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 16, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Letter Agreement (the "Agreement"), dated March 12, 2020, between Novo Resources Corp. (the "Company"), Artemis Resources Ltd., and certain joint venture partners (collectively, the "Vendors"), whereby the Company will acquire a 100% interest in certain exploration licenses – Purdy's Reward and 47K Patch (collectively, the "Tenements"), located in the Pilbara region of Western Australia.
Under the terms of the Agreement and as consideration for the Tenements, the Company will make a AUD$1,000,000 cash payment and issue an aggregate of 2,000,000 common shares to the Vendors.
A finder's fee of AUD$50,000 and 100,000 common shares will be paid to Battle Mountain Pty Limited in respect of the transaction.
For further details, please refer to the Company's news release dated March 12, 2020.
________________________________________
QUARTZ MOUNTAIN RESOURCES LTD. ("QZM")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 16, 2020
TSX Venture Tier 2 Company
Further to the bulletin dated March 4, 2016, TSX Venture Exchange has accepted for filing a second tranche of a debt settlement and the Company's proposal to issue 600,000 shares to settle outstanding debt for $2,905,882
Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
SCOZINC MINING LTD. ("SZM")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 16, 2020
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 150,000 shares at a deemed price of $1.15 per share to settle outstanding debt for $191,190.40.
Number of Creditors: |
1 Creditor |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
SEARCH MINERALS INC. ("SMY")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: March 16, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,000,000 bonus warrants in consideration of a $100,000 loan advanced to the Company. The loan is unsecured, has a one year term and bears interest at 10% per annum. Each bonus warrant is exercisable into one share at $0.05 for one year from advance of the loan.
________________________________________
SEARCHLIGHT RESOURCES INC. ("SCLT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 16, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 6,281,260 shares to settle outstanding debt for $314,063.
Number of Creditors: |
3 Creditors |
Insider / Pro Group Participation:
Creditor |
Insider=Y / |
Amount |
Deemed Price |
# of Shares |
Ainsworth-Jenkins Holdings Inc |
Y |
$170,144 |
$0.05 |
3,402,880 |
(Garrett Ainsworth) |
||||
Metamin Enterprises Inc |
Y |
$124,419 |
$0.05 |
2,488,380 |
(Garrett Ainsworth) |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
VANGOLD MINING CORP. ("VAN")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 16, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 403,640 shares at a deemed price of $0.05 per share to settle outstanding debt for $20,182.
Number of Creditors: |
2 Creditors |
Insider / Pro Group Participation:
Creditor |
Insider=Y / |
Amount |
Deemed Price |
# of Shares |
Blueberry Capital Corp. |
||||
(James Anderson) |
Y |
$10,000 |
$0.05 |
200,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
XIMEN MINING CORP. ("XIM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 16, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation pertaining to a Property Acquisition Agreement dated February 26, 2020 between Ximen Mining Corp. (the "Company") and 49er Creek Gold Corp. (David Wallach, Harold Becker, Tony Nardini), pursuant to which the Company the Company has the option to acquire a 100% interest in 105 mining claims covering approximately 4,227 hectares located in the Nelson mining district, British Columbia. In consideration the company will make a $100,000 cash payment and issue a total of 1,400,000 shares, of which 700,000 shares will become free trading six months and a day after Exchange approval and the remaining 700,000 shares will become free trading one year and one day after Exchange approval.
________________________________________
NEX COMPANY :
RED OAK MINING CORP. ("ROC.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 16, 2020
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to the second, final tranche of a Non-Brokered Private Placement announced September 23, 2019, November 26, 2019 and February 27, 2020:
Number of Shares: |
6,000,000 shares |
Purchase Price: |
$0.05 per share |
Number of Placees: |
16 placees |
Insider / Pro Group Participation: |
|
Insider=Y / ProGroup=P |
# of Shares |
Tehama Capital Corp. (Jay Roberge) |
Y |
880,000 |
Aggregate Pro Group Involvement |
P |
1,500,000 |
[5 placees] |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period on March 5, 2020.
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SOURCE TSX Venture Exchange
For further information: Market Information Services at 1-888-873-8392, or email: [email protected]
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