TSX Venture Exchange Daily Bulletins

VANCOUVER, July 29, 2013 /CNW/ -

TSX VENTURE COMPANIES:

ASCOT RESOURCES LTD. ("AOT")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  July 29, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing an option amending agreement dated July 19, 2013 (the 'Agreement') between the Company and Boliden Limited ('Boliden') and Rick Kasum ('Kasum').  Pursuant to the terms of the Agreement, the Company has negotiated an amendment to the schedule of payments for two previously signed option agreements, the 2007 agreement for the Dilworth Property (the '2007 Agreement') and the 2009 agreement for the Premier Property (the '2009 Agreement').

The 2007 Agreement has been amended such that the remaining option payment of $9,100,000 previously due by October 1, 2013 will now to payable as follows:

  • $400,000 on or before December 30, 2013
  • $400,000 on or before December 31, 2014
  • $4,150,000 on or before December 31, 2015

A 5% NSR in favour of Boliden and Kasum has also been created, and may, subject to certain conditions, be repurchased by the Company for $4,150,000.

The 2009 Agreement has been amended to allow for changes to the last option payment of $20,000,000 owed to Boliden and due on October 1, 2013 as follows:

  • $500,000 on or before December 30, 2013
  • $500,000 on or before December 31, 2014
  • $9,950,000 on or before December 31, 2015

A 5% NSR in favour of Boliden has also been created, and may, subject to certain conditions, be repurchased by the Company for $9,950,000.

________________________________________

CANADIAN OVERSEAS PETROLEUM LIMITED ("XOP")
BULLETIN TYPE:  Prospectus-Share Offering
BULLETIN DATE:  July 29, 2013
TSX Venture Tier 2 Company

Effective July 3, 2013, the Company's Prospectus dated July 3, 2013 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Alberta and Ontario Securities Commissions on July 3, 2013. The prospectus has also been filed under Multilateral Instrument 11-102 Passport System in British Columbia, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador. A receipt for the prospectus is deemed to be issued by the regulator in each of those jurisdictions, if the conditions of the Instrument have been satisfied.

TSX Venture Exchange has been advised that closing occurred on July 25, 2013, for gross proceeds of $6,000,000.

Agents:  FirstEnergy Capital Corp.
  Canaccord Genuity Corp.
  GMP Securities L.P.
   
Offering:  30,000,000 shares
   
Share Price:  $0.20 per share
   
Agents' Commission:                         A cash commission equal to 6.5% of the gross proceeds raised to be
paid to the Agents.
   

________________________________________

CARIBOU KING RESOURCES LTD. ("CKR")
BULLETIN TYPE:  Warrant Term Extension, Warrant Price Amendment
BULLETIN DATE:  July 29, 2013
TSX Venture Tier 2 Company

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

Private Placement:  
   
# of Warrants:  4,185,000
   
Original Expiry Date of Warrants:  July 29, 2013
New Expiry Date of Warrants:  July 29, 2014
Forced Exercise Provision:  If the closing price for the Company's shares is $0.125 or greater
for a period of 10 consecutive trading days, then the warrant
holders will have 30 days to exercise their warrants; otherwise
the warrants will expire on the 31st day.
Original Exercise Price of Warrants:         $0.30
New Exercise Price of Warrants:  $0.10
   

These warrants were issued pursuant to a private placement of 4,185,000 shares with 4,185,000 share purchase warrants attached, which was accepted for filing by the Exchange effective August 2, 2011.

________________________________________

CASTLE RESOURCES INC. ("CRI")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  July 29, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 27, 2013:

Number of Shares:  2,857,142 flow-through shares
   
Purchase Price:  $0.07 per share
   
Number of Placees:                                 2 placees
   
Finder's Fee:  $15,000 in finders' fees payable to Secutor Capital Management Corp.
   

For further details, please refer to the Company's news release dated June 27, 2013.

________________________________________

CONWAY RESOURCES INC. ("CWY")
BULLETIN TYPE:  Remain Halted
BULLETIN DATE:  July 29, 2013
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated July 26, 2013, trading in the shares of the Company will remain halted for failure to maintain Exchange requirements, the Company having less than 3 directors.

_____________________________________

FIRM CAPITAL PROPERTY TRUST ("FCD.UN")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  July 29, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation relating a purchase and sale agreement (the "Agreement") dated May 7, 2013, and related documents involving an arm's length party (the "Vendor") and FC Capital Partners Fund Inc. (the "Purchaser"), a non arms length party and Firm Capital Property Trust (the "Issuer").  Pursuant to the Agreement the Purchaser shall acquire a portfolio consisting of 25 industrial buildings (the "Portfolio"), of which the Issuer shall acquire a 50% interest.

The total consideration for the Portfolio is $48.2 million, of which the Issuer shall pay $24.1 million.

For more information, refer to the Issuer's news release dated July 8, 2013.

_____________________________________

JASPER MINING CORPORATION ("JSP")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  July 29, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 22, 2013:

Number of Shares:  728,572 shares
   
Purchase Price:  $0.07 per unit
   
Warrants:  364,286 share purchase warrants to purchase 364,286 shares
   
Warrant Exercise Price:            $0.12 for a period of two years 
   
Number of Placees:  2 placees
   
Insider / Pro Group Participation:    
     
  Insider=Y /  
Name  ProGroup=P                 # of Units
     
Calalta Amusements Ltd. (Gordon Dixon)                    428,572
Alex Attie  300,000
     
No Finder's Fee     

________________________________________

GOBIMIN INC. ("GMN")
BULLETIN TYPE:  Reinstated for Trading
BULLETIN DATE:  July 29, 2013
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange Bulletin dated May 1, 2013, the Exchange has been advised that the Cease Trade Order issued by the Alberta Securities Commission on May 1, 2013 has been revoked.

Effective at the open on Tuesday, July 30, 2013, trading will be reinstated in the securities of the Company.

_______________________________________

GOLDEN COAST ENERGY CORP. ("GCE")
[formerly Sunridge Energy Corp. ("SRG")]
BULLETIN TYPE:  Name Change and Consolidation
BULLETIN DATE:  July 29, 2013
TSX Venture Tier 2 Company

Pursuant to a resolution passed by shareholders June 6, 2013, the Company has consolidated its capital on a (four) 4 old for (one) 1 new basis.  The name of the Company has also been changed as follows.

Effective at the opening, Tuesday, July 30, 2013, the common shares of Golden Coast Energy Corp. will commence trading on TSX Venture Exchange, and the common shares of Sunridge Energy Corp. will be delisted.  The Company is classified as an 'Oil and Gas' company.

Post - Consolidation                        
Capitalization:  Unlimited  shares with no par value of which
  6,914,583  shares are issued and outstanding
Escrow:  nil  shares
     
Transfer Agent:       Computershare Investor Services Inc.
Trading Symbol:                    GCE  (new)
CUSIP Number:  38082C 10 4          (new)
     

________________________________________

PUMA EXPLORATION INC. ("PUM")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  July 29, 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 March 28, 2013:

Number of Shares:  2,666,666 common shares
   
Purchase Price:  $0.15 per common share
   
Warrants:  2,666,666 warrants to purchase 2,666,666 common shares
   
Warrants Exercise Price:             $0.25 per share until March 28, 2015
   
Number of Placees:  8 placees
   
Finder's Fees:  Marquest Capital Markets Inc. received $10,000 in cash and 66,666
warrants, while Mr. Shawn KhunKhun received $7,500 in cash and
40,000 warrants. Each warrant entitles the Holder to purchase one
common share at a price of $0.25 per share until March 28, 2015.
   

The Company has confirmed the closing of the above-mentioned Private Placement.

EXPLORATION PUMA INC. (« PUM »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 29 juillet 2013
Société du groupe 2 de 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 28 mars 2013 :

Nombre d'actions :  2 666 666 actions ordinaires
   
Prix :  0,15 $ par action ordinaire
   
Bons de souscription :  2 666 666 bons de souscription permettant de souscrire à 2 666 666
actions ordinaires
   
Prix d'exercice des bons :  0,25 $ l'action jusqu'au 28 mars 2015
   
Nombre de souscripteurs :  8 souscripteurs
   
Honoraires d'intermédiation :             Marquest Capital Markets inc. a reçu 10 000 $ en espèces et 66 666 bons
de souscription. M. Shawn KhunKhun a reçu 7 500 $ en espèces et
40 000 bons de souscription. Chaque bon de souscription permet au
titulaire d'acquérir une action ordinaire au prix de 0,25 $ l'action
jusqu'au 28 mars 2015.
   

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

___________________________________________

REBGOLD CORPORATION ("RBG")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture(s)
BULLETIN DATE:  July 29, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placements announced April 16, 2013:

Number of Shares:  7,349,834 shares
   
Purchase Price:  $0.12 per share
   
Convertible Debentures:             CDN$510,000
   
Conversion Price:  Convertible into common shares at $0.15 principal amount per share,
subject to a ratchet-down provision and a minimum conversion price
of $0.05 principle amount per share in the first year and $0.10
thereafter.
   
Maturity date:  April 2, 2015
   
Interest rate:  8% per annum
   
Number of Placees:  6 placees
   
Insider / Pro Group Participation:      
       
  Insider=Y /    
Name  ProGroup=P /           # of Shares            Debentures
       
Baker Steel Capital Managers LLP           Y  7,349,834  $510,000
(aggregate amount of six managed funds)             
       

For further details, please refer to the Company's news releases dated April 30, 2013 and June 24, 2013.

________________________________________

REVOLVER RESOURCES INC. ("RZ")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  July 29, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Temporary Relief Measures Non-Brokered Private Placement announced July 3, 2013:

Number of Shares:  7,316,666 shares
   
Purchase Price:  $0.03 per share
   
Warrants:  7,316,666 share purchase warrants to purchase 7,136,666 shares
   
Warrant Exercise Price:               $0.10 for a two year period
   
Number of Placees:  17 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.]

________________________________________

SOLIMAR ENERGY LIMITED ("SXS")
BULLETIN TYPE:  Halt
BULLETIN DATE:  July 29, 2013
TSX Venture Tier 2 Company

Effective at 5:23 a.m. PST, July 29, 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.

________________________________________

SPECTRA7 MICROSYSTEMS INC. ("SEV")
BULLETIN TYPE:  Private Placement-Brokered
BULLETIN DATE:  July 29, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced May 30, 2013:

Number of Shares:  9,066,666 shares
   
Purchase Price:  $0.60 per share
   
Number of Placees:                    37 placees
   
Insider / Pro Group Participation:    
     
  Insider=Y /  
Name  ProGroup=P                        # of Shares
Anthony Stelliga  82,500
Robert Munro  10,000
Julie Munro  25,000
Robert Dobkin  83,500
6316743 Canada Inc.  70,000
Roger Maggs  41,666
Aggregate Pro Group Involvement          2,950,000
            [4 placees]    
     
Agent's Fee:                              An aggregate of $311,664, plus 673,120 broker warrants, each
exercisable into one common share at a price of $0.60 for a
period of two years payable to Paradigm Capital Inc., Byron
Capital Markets Ltd. and GMP Securities L.P.
   

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).

________________________________________

TALLGRASS ENERGY CORP. ("TLC")
BULLETIN TYPE:  Halt
BULLETIN DATE:  July 29, 2013
TSX Venture Tier 2 Company

Effective at 8:01 a.m., PST, July 29, 2013, trading in the shares of the Company was halted for failure to maintain Exchange Requirements. 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.

________________________________________

VANTEX RESOURCES LTD. ("VAX")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  July 29, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange (the "Exchange") has accepted for filing the documentation with respect to a Non-Brokered Private Placement announced July 23, 2013:

Number of Shares:  1,854,000 flow-through common shares and 206,000 common shares
   
Purchase Price:  $0.06 per flow-through common share and common share
   
Warrants:  1,030,000 warrants to purchase 1,030,000 common shares
   
Warrants Exercise Price:              $0.10 for a period of 12 months following the closing of the Private Placement
   
Number of Placees:  12 placees
   
Insider / Pro Group Participation:             
     
Name Insider = Y / Number of shares
  Pro Group = P                    
     
Robert Bouvier Y 180,000
     

The Company has confirmed the completion of the Private Placement by way of a press release.

RESSOURCES VANTEX LTÉE (« VAX »)
TYPE DE BULLETIN: Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN: Le 29 juillet 2013
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX (la « Bourse ») a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier tel qu'annoncé le 23 juillet 2013:

Nombre d'actions :  1 854 000 actions ordinaires accréditives et 206 000 actions ordinaires
   
Prix :  0,06 $ par action ordinaire accréditive et action ordinaire
   
Bons de souscription :  1 030 000 bons de souscription permettant d'acquérir 1 030 000 actions ordinaires
   
Prix d'exercice des bons de          
Souscription :  0,10 $ pour une période de 12 mois suivant la clôture du placement privé
   
Nombre de souscripteurs :  12 souscripteurs
   
Initié / Participation Groupe Pro :    
  Initié = Y /  
Nom Groupe Pro = P                     Nombre d'actions
     
Robert Bouvier Y 180 000
     

La société a confirmé avoir complété le placement privé par voie d'un communiqué de presse.

___________________________________________

 

SOURCE TSX Venture Exchange



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