2014

TSX Venture Exchange Daily Bulletins

VANCOUVER, May 16, 2013 /CNW/ -

TSX VENTURE COMPANIES:

BULLETIN TYPE:  Cease Trade Order
BULLETIN DATE:  May 16, 2013
TSX Venture Company

A Temporary Cease Trade Order has been issued by the Ontario Securities Commission on May 16, 2013 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)
FTE     2     Forterra Environmental Corp.        Audited annual financial statements        
                    for the year ended       12/12/31
                             
                    Management's discussion and analysis        
                    relating to the audited annual financial        
                    statements for the year ended       12/12/31
                             
                    Certification of the foregoing filings as        
                    required by National Instrument 52-109        
                    Certification of Disclosure in Issuers'        
                    Annual and Interim Filings.        
                             

Upon revocation of the Temporary 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 Company during the period of the suspension or until further notice.

________________________________________

ASTAR MINERALS LTD. ("TAR")
BULLETIN TYPE:  New Listing-IPO-Shares, Resume Trading
BULLETIN DATE:  May 16, 2013
TSX Venture Tier 2 Company

Further to the Exchange's bulletin dated May 14, 2013, effective at the opening, Friday, May 17, 2013, trading in the shares of Astar Minerals Ltd. will commence.

________________________________________

BRAZILIAN GOLD CORPORATION ("BGC")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  May 16, 2013
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing a Share Exchange Agreement dated April 17, 2013, between Cabral Resources Limited ["Cabral", a wholly-owned subsidiary of Brazilian Gold Corporation (the "Company")] and D'Gold Mineral, Ltd. ("D'Gold"), whereby Cabral will acquire 13.05% of D'Gold's interest in Boa Vista Gold Inc. ("BVG"), which holds a 100% interest in the Boa Vista project located in the Tapajos region of northern Brazil.  Upon Closing, the Company will own a total of 84.05% of BVG.  In consideration, the Company will issue 1,500,000 common shares over an eighteen-month period (1,125,000 shares in the first year) to D'Gold.

________________________________________

DIGITAL SHELF SPACE CORP. ("DSS")
BULLETIN TYPE:  Private Placement-Brokered, Convertible Debenture/s, Private Placement-Brokered
BULLETIN DATE:  May 16, 2013
TSX Venture Tier 2 Company

Private Placement-Brokered, Convertible Debenture/s

TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Brokered Private Placement announced March 21, 2013 and April 19, 2013:

Convertible Debenture            $728,000
             
Conversion Price:            Convertible into common shares at a conversion price of $0.10 per common
share. The Company shall have the right to force conversion in the event that
the common shares trade at a price of at least $0.20 for a period of at least
15 consecutive trading days.
             
Maturity date:            36 months from closing
             
Interest rate:            12% per annum, payable in cash on a semi-annual basis. After one year from
closing, the Company shall have the right to redeem the Debentures, in whole
or in part, at a premium of 5% to the principal amount being redeemed plus
any accrued interest.
             
Number of Placees:            27 placees
             
Insider / Pro Group Participation:                
                 
        Insider=Y /        
Name        ProGroup=P        Principal Amount
                 
Aggregate Pro Group Involvement              $15,000
[1 placee]                
                 

Private Placement-Brokered

TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Brokered Private Placement announced March 21, 2013 and April 19, 2013:

Number of Shares:            9,530,000 shares
             
Purchase Price:            $0.05 per share
             
Warrants:            9,530,000 share purchase warrants to purchase 9,530,000 shares
             
Warrant Exercise Price:            $0.10 for an 18 month period
             
Number of Placees:            24 placees
             
Insider / Pro Group Participation:                
                 
        Insider=Y /        
Name        ProGroup=P        # of Shares
                 
Aggregate Pro Group Involvement              200,000
[1 placee]                
                 
Agent's Fee:        $90,337.50 cash commission, $7,500 plus HST corporate finance fee and
527,550 Broker Warrants payable to Fin-XO Securities Inc.
        30,000 Broker Warrants payable to Haywood Securities Inc.
        157,200 Broker Warrants payable to Mackie Research Capital Corp.
         
        Each Broker Warrant is exercisable at a price of $0.10 for an 18 month period.
         

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. 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.

________________________________________

NORTHWEST INTERNATIONAL HEALTHCARE PROPERTIES REIT ("MOB.UN") ("MOB.DB")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 16, 2013
TSX Venture Tier 2 Company

Effective at 6:27 a.m., PST, May 16, 2013, 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.

________________________________________

NORTHWEST INTERNATIONAL HEALTHCARE PROPERTIES REIT ("MOB.UN") ("MOB.DB")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  May 16, 2013
TSX Venture Tier 2 Company

Effective at 8:15 a.m., PST, May 16, 2013, shares of the Company resumed trading, an announcement having been made.

________________________________________

PARK LAWN CORPORATION ("PLC")
BULLETIN TYPE:  Declaration of Dividend
BULLETIN DATE:  May 16, 2013
TSX Venture Tier 1 Company

The Issuer has declared the following dividend(s):

Dividend per Common Share:            $0.038
Payable Date:            June 14, 2013
Record Date:            May 31, 2013
Ex-Dividend Date:            May 29, 2013
             

________________________________________

PLAZACORP RETAIL PROPERTIES LTD. ("PLZ")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  May 16, 2013
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 824,742 shares at a price of $4.85 per share to settle outstanding debt for $4,000,000.

Number of Creditors:            2 Creditors
             

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

________________________________________

PRECIPITATE GOLD CORP. ("PRG")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 16, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement:

Number of Shares:              3,333,332 shares
               
Purchase Price:              $0.15 per share
               
Warrants:              3,333,332 share purchase warrants to purchase 3,333,332 shares
               
Warrant Exercise Price:              $0.25 for a two year period
               
Number of Placees:              22 placees
               
Insider / Pro Group Participation:                    
                     
          Insider=Y /          
Name          ProGroup=P          # of Shares
                     
GRF Consulting Corp. (Gary Freeman)                  85,000
Jeffrey R. Wilson                  50,000
Quinton Hennigh                   20,000
Michael Moore                   107,666
Aggregate Pro Group Involvement                  735,000
[7 placees]                    
                     

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. [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.]

________________________________________

RED PINE INVESTMENT LTD. ("RPN.H")
[formerly Red Pine Investment Ltd. ("RPN.P")]
BULLETIN TYPE:  Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE:  May 16, 2013
TSX Venture Tier 2 Company

In accordance with TSX Venture Exchange Policy 2.4, Capital Pool Companies, the Company has not completed a qualifying transaction within the prescribed time frame. Therefore, effective at the opening on Friday, May 17, 2013, 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 May 17, 2013, 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 RPN.P to RPN.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.

Further to the TSX Venture bulletin dated December 18, 2012 trading in the shares of the Company will remain suspended. Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.

_______________________________________

RENEGADE PETROLEUM LTD. ("RPL")
BULLETIN TYPE:  Declaration of Dividend
BULLETIN DATE:  May 16, 2013
TSX Venture Tier 1 Company

The Issuer has declared the following dividend(s):

Dividend per Share:            $0.019167
Payable Date:            June 17, 2013
Record Date:            May 31, 2013
Ex-Dividend Date:            May 29, 2013
             

________________________________________

RIDGELINE ENERGY SERVICES INC. ("RLE")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  May 16, 2013
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation pursuant to an Asset Purchase Agreement dated April 9, 2012 ("Asset Agreement"), Purchase Agreement dated January 25, 2013 ("Purchase Agreement"), Amendment to the Asset Agreement dated August 24, 2012 ("Asset Amendment") and an Amendment to Asset Purchase Agreement ("Purchase Agreement") between the Company and Lakeland Development and Lakeland Processing Company LLC (the "Vendors").  As per the terms of the collective Agreements the Company purchased all of the assets of the Vendors for USD$2,000,000 cash and issued 2,469,136 common shares at a deemed price of $0.405 per share.  In addition, the Company entered into the Purchase Agreement for an option to purchase land at a price of USD$3,500,000 cash, issued a two year 5% promissory note and issued 1,571,429 common shares at a deemed price of $0.70 per share.

________________________________________

STARLIGHT U.S. MULTI-FAMILY CORE FUND CLASS A ("UMF.A")
BULLETIN TYPE:  Miscellaneous
BULLETIN DATE:  May 16, 2013
TSX Venture Tier 1 Company  

Further to the TSX Venture Exchange Bulletin dated April 17, 2013, TSX Venture Exchange has accepted for filing a notice with respect to the closing of an additional 277,600 Class A Units, issued at a price of C$10 per Class A Unit, by the syndicate of agents led by CIBC and including National Bank Financial Inc., Raymond James Ltd., Scotia Capital Inc., GMP Securities L.P., Macquarie Private Wealth Inc., Canaccord Genuity Corp., Desjardins Securities Inc. and Dundee Securities Ltd. upon exercise of the Over-Allotment Option, as further described in the Fund's IPO Prospectus dated March 31, 2013.

____________________________________

TERRA NOVA ENERGY LTD. ("TGC")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE: May 16, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 875,000 common shares of the Company ("Shares") at a deemed price of $0.11 per Share in satisfaction of outstanding fees and termination payment owed to Apex Energy Consultants Ltd.

Number of Creditors:              1 Creditor
               
Insider / Pro Group Participation:                                
                                 
        Insider=Y /        Amount        Deemed Price        
Creditor        Progroup=P        Owing         per Share        # of Shares
                                 
Apex Energy Consultants Ltd              $96,250        $0.11        875,000
                                 

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

________________________________________

TRUE NORTH COMMERCIAL REAL ESTATE INVESTMENT TRUST ("TNT.UN")
BULLETIN TYPE:  Notice of Distribution
BULLETIN DATE:  May 16, 2013
TSX Venture Tier 2 Company

The Issuer has declared the following distribution(s):

Distribution per Unit:          $0.02475
Payable Date:          June 17, 2013
Record Date:          May 31, 2013
Ex-Distribution Date:          May 29, 2013
           

________________________________________

UMBRAL ENERGY CORP. ("UMB")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 16, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to the second (and final) tranche of a Non-Brokered Private Placement announced February 25, 2013:

Number of Shares:          1,370,000 shares
           
Purchase Price:          $0.05 per share
           
Warrants:          1,370,000 share purchase warrants to purchase 1,370,000 shares
           
Warrant Exercise Price:          $0.10 for a five year period
           
Number of Placees:          7 placees
           
Insider / Pro Group Participation:                
                 
        Insider=Y /        
Name        ProGroup=P        # of Shares
                 
Jagdip Bal              200,000
                 
Finder's Fee:        $200 and 4,000 finder's warrants payable to Global Securities
                 

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly.

________________________________________

UNITY ENERGY CORP. ("UTY")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  May 16, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for expedited filing documentation of an Option Agreement dated April 25, 2013 between Unity Energy Corp. (the "Issuer") and Geomode Mineral Exploration Ltd. (the "Vendor") whereby the Issuer can earn a 100% interest in mineral claims covering an approximately 2,750 hectare area known as the Bory's Lake Property (the "Property") located in the LaRonge Gold Belt, Saskatchewan.

The consideration payable to the Vendor consists of cash payments of $1,400,000 over a 42 month period; a share issuance of 2,500,000 common shares and $4,000,000 in exploration expenditures on the Property payable in stages over a three year period.

The Vendor will retain a 1% net smelter return royalty which may be purchased at any time by the Issuer by paying $1,500,000, less any amounts previously received by the Vendor as NSR payments.

________________________________________

URASTAR GOLD CORP. ("URS")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 15, 2013
TSX Venture Tier 2 Company

Effective at 1:00 p.m., PST, May 15, 2013, 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.

________________________________________

SOURCE TSX Venture Exchange



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