TSX Venture Exchange Daily Bulletins

VANCOUVER, May 27, 2013 /CNW/ -

TSX VENTURE COMPANIES:

AFRICAN METALS CORPORATION ("AFR")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  May 27, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Temporary Relief Measure Non-Brokered Private Placement announced May 8, 2013:

Convertible Debenture                $250,000
                 
Conversion Price:                Convertible into units consisting of one common share and one common share purchase warrant at $0.053 per unit of principal outstanding in year one, at $0.10 until maturity, which is five years from the closing date.
                 
Maturity date:                Five Years
                 
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 $0.065 in the first year of exercise and at $0.10 in the second to fifth year of exercise.
                 
Interest rate:                10% per annum
                 
Number of Placees:                1 placee
                 

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.

________________________________________

AXMIN INC. ("AXM")
BULLETIN TYPE:  Private Placement- Non-Brokered
BULLETIN DATE:  May 27, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 25, 2013:

Number of Shares:                45,666,666 common shares
                 
Purchase Price:                $0.15 per share
                 
Warrants:                22,833,333 purchase warrants attached to purchase 22,833,333 shares
                 
Warrant Exercise Price:                $0.15 for a two year period
                 
Number of Placees:                3 placees
                 
Insider / Pro Group Participation:                        
                         
            Insider=Y /            
Name            ProGroup=P /             # of Shares
George Roach                      333,333
David de Jongh                      333,333
                         
Finder's Fee:                an aggregate of $540,000 plus 3,600,000 finder's warrants (each
exercisable into one common share at a price of $0.15 for a two
year period) is payable to CWN Capital Inc.
                 

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), 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). 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.

________________________________________

BROOKFIELD INVESTMENTS CORPORATION ("BRN.PR.A")
BULLETIN TYPE:  Declaration of Dividend
BULLETIN DATE:  May 27, 2013
TSX Venture Tier 1 Company

The Issuer has declared the following dividend:

Dividend per Class 1 Preferred Share:                $0.29375
                 
Payable Date:                June 30, 2013
                 
Record Date:                June 20, 2013
                 
Ex-Dividend Date:                June 18, 2013
                 

________________________________________

COMMANDER RESOURCES LTD. ("CMD")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  May 27, 2013
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing a Property Purchase and Joint Venture Termination Agreement dated May 9, 2013 between Commander Resources Ltd. (the "Company") and Donner Metals Ltd. ("Donner"), whereby the Company has agreed to acquire Donner's 51.68% interest in the Sarah Lake Property in Labrador.  In consideration the Company will issue 100,000 common shares to Donner.

________________________________________

CWC WELL SERVICES CORP. ("CWC")
BULLETIN TYPE:  Declaration of Dividend
BULLETIN DATE:  May 27, 2013
TSX Venture Tier 2 Company

The Issuer has declared the following dividend:

Dividend per Common Share:                $0.01625
Payable Date:                July 15, 2013
Record Date:                June 28, 2013
Ex-Dividend Date:                June 26, 2013
                 

________________________________________

DIGITAL SHELF SPACE CORP. ("DSS")
BULLETIN TYPE:  Private Placement-Brokered, Convertible Debenture/s, Private Placement-Brokered
BULLETIN DATE:  May 27, 2013
TSX Venture Tier 2 Company

Private Placement-Brokered, Convertible Debenture/s:

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

Convertible Debenture  $57,500
   
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.
   

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:                6,403,000 shares
                 
Purchase Price: $0.05 per share                
                 
Warrants:                6,403,000 share purchase warrants to purchase 6,403,000 shares
                 
Warrant Exercise Price:                $0.10 for an 18 month period
                 
Aggregate Number of Placees:                17 placees
                 
Agents' Fees:                $28,323.75 cash commission and 217,725 Broker Warrants payable to Fin-XO Securities Inc.
                100,000 Broker Warrants payable to D&D Securities Company
                62,500 Broker Warrants payable to Investor Company
                100,000 Broker Warrants payable to NBCN Inc.
                - 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.

________________________________________

EFT CANADA INC. ("EFT")
BULLETIN TYPE:  Declaration of Dividend
BULLETIN DATE:  May 27, 2013
TSX Venture Tier 2 Company

The Issuer has declared the following dividend:

Dividend per Share:                $0.003
Payable Date:                June 28, 2013
Record Date:                June 14, 2013
Ex-Dividend Date:                June 13, 2013
                 

________________________________________

FALCON GOLD CORP. ("FG")
BULLETIN TYPE:  Regional Office Change
BULLETIN DATE:  May 27, 2013
TSX Venture Tier 2 Company

Pursuant to Policy 1.2, TSX Venture Exchange has been advised of, and accepted the change of the Filing and Regional Office from Toronto to Vancouver.

________________________________________

KENT EXPLORATION INC. ("KEX")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 27, 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 December 31, 2012:

Number of Shares:                3,516,400 shares
                 
Purchase Price:                $0.10 per share
                 
Warrants:                1,758,200 share purchase warrants to purchase 1,758,200 shares
                 
Warrant Exercise Price:                $0.15 for a two year period
                 
Number of Placees:                18 placees
                 
Insider / Pro Group Participation:                        
                         
            Insider=Y /            
Name            ProGroup=P            # of Shares
                         
Graeme O'Neill                      245,000
                         

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.]

________________________________________

LA QUINTA RESOURCES CORPORATION ("LAQ")
BULLETIN TYPE:  Consolidation
BULLETIN DATE:  May 27, 2013
TSX Venture Tier 2 Company

Pursuant to a special resolution passed by shareholders June 29, 2012, the Company has consolidated its capital on a (10) ten old for (1) one new basis.  The name of the Company has not been changed.

Effective at the opening, May 28, 2013, the common shares of La Quinta Resources Corporation 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
            9,057,539  shares are issued and outstanding
Escrow            nil  shares
               
Transfer Agent:            Computershare Trust Company of Canada
Trading Symbol:            LAQ            (UNCHANGED)
CUSIP Number:            50419X305            (new)
                         

________________________________________

LOMIKO METALS INC. ("LMR")
BULLETIN TYPE:  Halt
BULLETIN DATE:  May 27, 2013
TSX Venture Tier 2 Company

Effective at 6:26 a.m. PST, May 27, 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.

________________________________________

LOUNOR EXPLORATION INC. ("LO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 27, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement announced on May 21, 2013:

Number of Shares:            2,000,000 common shares
             
Purchase Price:            $0.05 per share
             
Warrants:            1,000,000 warrants to purchase 1,000,000 common shares.
             
Warrant Exercise Price:            $0.10 during a period of 12 months following the closing
             
Number of Placees:            1 placee
             

The Company has issued a news release announcing the closing of the Private Placement.

EXPLORATION LOUNOR INC. (« LO »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 27 mai 2013
Société du groupe 2 TSX Croissance

Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier, tel qu'annoncé le 21 mai 2013 :

Nombre d'actions :            2 000 000 d'actions ordinaires
             
Prix :            0,05 $ par action ordinaire accréditive et 0,05 $ par action ordinaire
             
Bons de souscription :            1 000 000 de bons de souscription permettant de souscrire à
1 000 000 d'actions ordinaires.
             
Prix d'exercice des bons :            0,10 $ durant une période de 12 mois suivant la clôture
             
Nombre de souscripteurs :            1 souscripteur
             

La société a annoncé la clôture du placement privé par voie d'un communiqué de presse.

______________________________________________

LOYALIST GROUP LIMITED ("LOY")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  May 27, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation pertaining to a Share Purchase Agreement (the "Agreement"), dated May, 2013, between Loyalist Group Limited (the "Company") and an arm's length party (the "Vendor"), whereby the Company has agreed to acquire all of the issued and outstanding shares of 2212055 Ontario Inc., currently doing business as a licensed University and College Transfer credit school ("Urban International School") based in Toronto, ON.

The proposed purchase price of CDN$286,000 will be satisfied through the issuance of a CDN$50,000 promissory note and the issuance of 400,000 common shares of the Company at a deemed value of $0.59 per share.

For further details, please refer to the Company's news release dated May 24, 2013.

________________________________________

MEGA COPPER LTD. ("MCU")
BULLETIN TYPE:  Consolidation
BULLETIN DATE:  May 27, 2013
TSX Venture Tier 2 Company

Pursuant to a special resolution passed by shareholders February 6, 2012, the Company has consolidated its capital on a (10) ten old for (1) one new basis.  The name of the Company has not been changed.

Effective at the opening, May 28, 2013, the common shares of Mega Copper 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
            1,507,500  shares are issued and outstanding
Escrow            nil  shares
               
Transfer Agent:            Computershare Investor Services Inc.            
Trading Symbol:            MCU            (UNCHANGED)
CUSIP Number:            58516K209            (new)
                         

________________________________________

MIDLAND EXPLORATION INC. ("MD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 27, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation relating to an arms-length purchase and sale agreement between the Company and Ressources d'Arianne Inc., dated April 25, 2013, in connection with the acquisition of 29 claims forming the Héva Property, located in the region of Abitbi in the province of Québec, in consideration of $30,000 in cash and 60,000 common shares.

A 2% NSR is payable to the initial owners of the Property in conjunction with an agreement signed on September 30, 2003. The Company can at any time buy back half of the NSR royalty in consideration of an amount of $1,000,000.

For further details, please refer to the Company's press release dated May 17, 2013.

EXPLORATION MIDLAND INC. (« MD »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 27 mai 2013
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt d'une convention d'achat et de vente, négociée à distance entre la société et Ressources d'Arianne inc., et datée du 25 avril 2013 relativement à l'acquisition par la société des 29 claims composants la propriété de « Héva » et situés dans la région d'Abitibi, dans la province de Québec, en considération de 30 000 $ en espèces et de 60 000 actions ordinaires.

Une redevance « NSR » de 2 % est payable aux propriétaires originaux de la propriété, tel que prévu dans une convention datée du 30 septembre 2003. La société peut en tout temps racheter la moitié de la redevance NSR pour la somme de 1 000 000 $.

Pour plus d'information, veuillez vous référer au communiqué de presse émis par la société le 17 mai 2013.

__________________________________

PEAK POSITIONING TECHNOLOGIES INC. ("PKK")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  May 27, 2013
TSX Venture Tier 2 Company

Effective at 6:30 a.m., PST, May 27, 2013, shares of the Company resumed trading, an announcement having been made.

________________________________________

PINECREST ENERGY INC. ("PRY")
BULLETIN TYPE:  Company Tier Reclassification
BULLETIN DATE:  May 27, 2013
TSX Venture Tier 2 Company

In accordance with Policy 2.5, the Company has met the requirements for a Tier 1 company. Therefore, effective May 28, 2013 the Company's Tier classification will change from Tier 2 to:

Classification  
   
Tier 1  
   

________________________________________

PRO-OR INC. (RESSOURCES MINIERES) ("POI")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: May 27, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted to extend the expiry date of the following warrants:

Number of Warrants:            8,600,000
Original Expiry Date of Warrants:            May 30, 2013
New Expiry Date of Warrants:            May 30, 2014
Exercise Price of Warrants:            $0.40
             

These warrants were issued under a private placement including a total of 8,600,000 shares and 8,600,000 warrants, which was accepted for filing by TSX Venture Exchange, effective on June 3, 2011.

RESSOURCES MINIÈRES PRO-OR INC. (« POI »)
TYPE DE BULLETIN : Prolongation des bons de souscription
DATE DU BULLETIN : Le 27 mai 2013
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté de prolonger la date d'échéance des bons de souscription suivants :

Nombre de bons :            8 600 000
Date initiale d'échéance des bons :            Le 30 mai 2013
Nouvelle date d'échéance des bons :            Le 30 mai 2014
Prix d'exercice des bons :            0,40 $
             

Ces bons ont été émis en vertu d'un placement privé comprenant 8 600 000 actions et 8 600 000 bons de souscription, tel qu'accepté par Bourse de croissance TSX le 3 juin 2011.

________________________________________

PURE MULTI-FAMILY REIT LP ("RUF.U")
BULLETIN TYPE:  Notice of Distribution
BULLETIN DATE:  May 27, 2013
TSX Venture Tier 1 Company

The Issuer has declared the following distribution:

Distribution per Unit:            US$0.03
Payable Date:            June 17, 2013
Record Date:            May 31, 2013
Ex-Distribution Date:            May 29, 2013
             

________________________________________

SMART EMPLOYEE BENEFITS INC. ("SEB")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  May 27, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 10, 2013:

Convertible Debenture            $1,025,000
             
Conversion Price            Convertible into common shares at $0.50 of principal outstanding in year
1, $0.60 in year 2 and $0.75 in year 3
             
Maturity Date            May 13, 2016
             
Interest Rate            9.75%
             
Number of Placees:            2 placees
             
             
Insider / Pro Group Participation:                        
                         
            Insider=Y /            
Name            ProGroup=P            Amount
                         
Ronald Barbaro and Ginette Barbaro                      $1,000,000
Keith Harris                      $25,000
                         

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), 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). 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.

________________________________________

STARLIGHT U.S. MULTI-FAMILY CORE FUND ("UMF.A")("UMF.U")
BULLETIN TYPE:  Notice of Distribution
BULLETIN DATE:  May 27, 2013
TSX Venture Tier 1 Company

The Issuer has declared the following distribution:

Distribution per Class A Unit:            CAD$0.03747
Distribution per Class U Unit:            US$0.03718
Payable Date:            June 14, 2013
Record Date:            May 31, 2013
Ex-Distribution Date:            May 29, 2013
             

________________________________________

STRACHAN RESOURCES LTD. ("SCN.H")
[formerly Strachan Resources Ltd. ("SCN.P")]
BULLETIN TYPE:  Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE: May 27, 2013
TSX Venture Tier 2 Company

In accordance with TSX Venture 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 May 28, 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 28, 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 SCN.P to SCN.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 Exchange Bulletin dated December 27, 2012, trading in the Company's securities will remain suspended.

______________________________

SUMMIT INDUSTRIAL INCOME REIT ("SMU.UN")
BULLETIN TYPE:  Notice of Distribution
BULLETIN DATE:  May 27, 2013
TSX Venture Tier 1 Company

The Issuer has declared the following distribution:

Distribution per Unit:            $0.0408
Payable Date:            June 14, 2013
Record Date:            May 31, 2013
Ex-Distribution Date:            May 29, 2013
             

________________________________________

VANOIL ENERGY LTD. ("VEL")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 27, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a Merger Implementation Agreement dated March 26, 2013 between Fluormin Plc ('Fluormin') and the Company.  Pursuant to the agreement the Company has acquired all of the issued and to be issued shares of Fluormin.  In consideration, the Company has issued an aggregate of:

  • 45,027,771 common shares (the 'Shares') of the Company;

  • 33,218,214 warrants (the '$1.00 Warrants') exercisable to acquire one common share of the Company at a price of $1.00 until May 17, 2015; and

  • 6,475,247 warrants (the '$0.75 Warrants') exercisable to acquire one common share of the Company at a price of $0.75 until March 13, 2014.

The holders of 43,420 Fluormin shares who were unable to participate in the securities exchange will be entitled to receive the net proceeds from the sale of their allocation of Shares together with an aggregate cash payment of $785 in lieu of unissued $1.00 Warrants and $0.75 Warrants.  In addition, an aggregate of 925,332 Fluormin options were not exchanged for $1.00 Warrants, but will now, if exercised, entitle the holder to 0.806 of a Share, 0.572 of a $1.00 Warrant and 0.116 of a $0.75 Warrant in lieu of a Fluormin share, on the same basis as if they had participated in the transaction.

________________________________________

NEX COMPANY:

DGS MINERALS INC. ("DDM.H")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  May 27, 2013
NEX Company

TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced March 22, 2013 and May 6, 2013:

Number of Shares:            4,266,000 shares
             
Purchase Price:            $0.05 per share
             
Warrants:            4,266,000 share purchase warrants to purchase 4,266,000 shares
             
Warrant Exercise Price:            $0.10 for a one year period
             
Number of Placees:            14 placees
             
Finders' Fees:            $14,750 payable to Li Wei
            $1,000 payable to David Pincin
            $5,080 payable to MGI and Associates
             

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.

________________________________________

SOURCE TSX Venture Exchange



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