PR Newswire: news distribution, targeting and monitoring
2014
See more news releases in Banking & Financial Services

TSX Venture Exchange Daily Bulletins

Share with Twitter Share with LinkedIn

VANCOUVER, Sept. 10, 2013 /CNW/ -

TSX VENTURE COMPANIES:

ACTIVE GROWTH CAPITAL INC. ("ACK")
BULLETIN TYPE:  Halt
BULLETIN DATE:  September 10, 2013
TSX Venture Tier 2 Company

Effective at 10:38 a.m. PST, September 10, 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.

________________________________________

ALTAIR GOLD INC. ("AVX")
BULLETIN TYPE:  Miscellaneous
BULLETIN DATE:  September 10, 2013
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing a Loan Agreement between the Company and Espresso Capital Tax Credit II Fund Limited Partnership whereby the Company has been provided with a loan in the principal amount of $300,000.00.  Interest is at a rate of 1.59% per month and is secured by a general security agreement on the Company's assets.  Espresso will receive a commitment fee equal to 4% of the principal amount of the loan.

Global Finance Fund will receive a fee equal to 4% of the principal amount of the loan.

________________________________________

ARKADIA CAPITAL CORP. ("AKC.P")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  September 10, 2013
TSX Venture Tier 2 Company

Effective at opening on Wednesday, September 11, 2013, the common shares of the Company will resume trading, an announcement having been made on September 9, 2013, as to termination of the Company's proposed transaction with Admiralty Oils Ltd.

________________________________________

BCGOLD CORP. ("BCG")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  September 10, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced July 11, 2013 and August 21, 2013:

Number of Shares:  5,950,000 shares (600,000 flow-through)
   
Purchase Price:  $0.05 per share
   
Warrants:  5,950,000 share purchase warrants to purchase 5,950,000 shares
   
Warrant Exercise Price:               $0.10 for a four year period
   
Number of Placees:  17 placees
   
Insider / Pro Group Participation:    
     
  Insider=Y /  
Name  ProGroup=P                         # of Shares
     
Brian Fowler  1,000,000 nf/t
Batell Investments Ltd. (David Elliott)                     Y/P  250,000 nf/t
David Elliott  Y/P  1,000,000 nf/t
Aggregate Pro Group Involvement  600,000 nf/t
       [3 placees]  300,000 f/t
     
Finders' Fees:                               Haywood Securities Inc. - $13,300 and 266,000 B Warrants that are
exercisable into common shares at $0.10 per share for a one year period.
   
  MacQuarie Private Wealth Inc. - $1,750 and 35,000 B Warrants that are
exercisable into common shares at $0.10 per share for a one year 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.

________________________________________

CALIFORNIA GOLD MINING INC. ("CGM")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  September 10, 2013
TSX Venture Tier 2 Company

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

Number of Shares:  15,860,000 shares
   
Purchase Price:  $0.05 per share
   
Warrants:  15,860,000 share purchase warrants to purchase 15,860,000 shares
   
Warrant Exercise Price:               $0.10 for a four year period
   
Number of Placees:  17 placees
   
Insider / Pro Group Participation:                  
     
  Insider=Y /  
Name  ProGroup=P                        # of Shares
     
R.W. Tomlinson Ltd.  2,900,000
Vandelay I&C Corp. (B. Conroy)  600,000
Aggregate Pro Group Involvement  8,050,000
       [2 placees]    

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.

________________________________________

CANA VENTURE CAPITAL CORP. ("VCC.P")
BULLETIN TYPE:  Halt
BULLETIN DATE:  September 10, 2013
TSX Venture Tier 2 Company

Effective at 12:45 p.m. PST, September 10, 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.

________________________________________

CRIMSON BIOENERGY LTD. ("CSN")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  September 10, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 19, 2013:

Number of Shares:  2,900,000 shares
   
Purchase Price:  $0.03 per share
   
Number of Placees:                           5 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.

________________________________________

CT DEVELOPERS LTD. ("DEV.P")
BULLETIN TYPE:  Halt
BULLETIN DATE:  September 9, 2013
TSX Venture Tier 2 Company

Effective at 1:20 p.m. PST, September 9, 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.

________________________________________

CT DEVELOPERS LTD. ("DEV.P")
BULLETIN TYPE:  Remain Halted - Qualifying Transaction
BULLETIN DATE:  September 10, 2013
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated September 9, 2013, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation pursuant to TSXV Policy 2.4 regarding a Qualifying Transaction.

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.

________________________________________

EMERGE RESOURCES CORP. ("EME")
[formerly Beatrix Ventures Inc. ("BXV")]
BULLETIN TYPE:  Name Change
BULLETIN DATE:  September 10, 2013
TSX Venture Tier 2 Company

Pursuant to a resolution passed by shareholders on August 29, 2013, the Company has changed its name as follows.  There is no consolidation of capital.

Effective at the opening on Wednesday, September 11, 2013, the common shares of Emerge Resources Corp. will commence trading on TSX Venture Exchange, and the common shares of Beatrix Ventures Inc. will be delisted.  The Company is classified as a 'Mineral Exploration/Development' company.

Capitalization:             Unlimited  shares with no par value of which
  48,237,839  shares are issued and outstanding
Escrow:  Nil  escrowed shares
     
Transfer Agent:                Valiant Trust Company
Trading Symbol:  EME  (new)
CUSIP Number:  29102K 10 1         (new)
     

________________________________________

FAMILY MEMORIALS INC. ("FAM")("FAM.DB")
BULLETIN TYPE:  Halt
BULLETIN DATE:  September 10, 2013
TSX Venture Tier 2 Company

Effective at 8:35 a.m. PST, September 10, 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.

________________________________________

GEOMEGA RESOURCES INC. ("GMA")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE:  September 10, 2013
TSX Venture Tier 2 Company

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

Number of Warrants:  1,952,273
Expiry Date of Warrants:  September 30, 2013
New Expiry Date of Warrants:            September 30, 2014
Exercise Price of Warrants:  $1.00
   

These warrants were issued pursuant to a private placement of a total of 3,904,545 common shares and 1,952,273 warrants, as approved by the Exchange on May 9, 2012.

RESSOURCES GEOMEGA INC. (« GMA »)
TYPE DE BULLETIN : Prolongation de bons de souscription
DATE DU BULLETIN : Le 10 septembre 2013
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté la diminution au prix d'exercice et la prolongation des bons de souscription (les « bons ») suivants :

Nombre de bons :  1 952 273
   
Date d'échéance des bons :              Le 30 septembre 2013
   
Nouvelle date d'échéance :  Le 30 septembre 2014
   
Prix d'exercice des bons :  1,00 $
   

Ces bons ont été émis dans le cadre de l'émission de 3 904 545 actions ordinaires et 1 952 273 bons de souscription par le biais d'un placement privé, tel qu'accepté par la Bourse le 9 mai 2012.

________________________________________

GRAPHITE ONE RESOURCES INC. ("GPH")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  September 10, 2013
TSX Venture Tier 2 Company

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

First Tranche Closing  
   
Number of Units:  9,879,500 units
  Each Unit consists of one common share and one common share purchase warrant.
   
Purchase Price:  $0.08 per Unit
   
Warrants:  9,879,500 share purchase warrants to purchase 9,879,500 shares
   
Warrant Exercise Price:                $0.125 for a period of 36 months from closing
   
Number of Placees:  36 placees
   
Insider / Pro Group Participation:                              
     
  Insider=Y /  
Name  ProGroup=P                                 # of Units
     
Charles Chebry  2,500,000
Aggregate Pro Group Involvement  2,571,500
[6 placees]    
     
Finders' Fees:                                $8,000 cash and 100,000 non-transferrable warrants ("Finder's Warrants")
payable to Canaccord Genuity Corp.
  $39,228.80 cash and 490,360 Finder's Warrants payable to Haywood
Securities Inc.
  - Each Finder's Warrant entitles the holder to purchase one common share
at a price of $0.10 until expiry 18 months from the date of closing.
   

________________________________________

KWG RESOURCES INC. ("KWG")
BULLETIN TYPE:  Halt
BULLETIN DATE:  September 10, 2013
TSX Venture Tier 1 Company

Effective at 11:50 a.m. PST, September 10, 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.

________________________________________

LUCKY STRIKE RESOURCES LTD. ("LKY")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  September 10, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 28, 2013:

Convertible Debenture                     $200,000
   
Conversion Price:  Convertible into units (2,000,000) consisting of one common share and
one common share purchase warrant at $0.10 of principal outstanding.
   
Maturity date:  90 days from the date on which the principal is advanced
   
Warrants  Each warrant will have a term of two 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 $0.11.
   
Interest rate:  12% per annum
   
Number of Placees:  1 placee
   
Finder's Fee:  Jordan Capital Markets Inc. 150,000 common shares payable.
   

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.]

________________________________________

MINAEAN INTERNATIONAL CORP. ("MIB")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  September 10, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to the Third and Final Tranche of a Non-Brokered Private Placement announced December 17, 2012:

Number of Shares:  600,000 shares
   
Purchase Price:  $0.075 per share
   
Warrants:  300,000 share purchase warrants to purchase 300,000 shares
   
Warrant Exercise Price:                   $0.10 for an 18 month period
   
Number of Placees:  2 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.]

________________________________________

MINDORO RESOURCES LTD. ("MIO")
BULLETIN TYPE:  Halt
BULLETIN DATE:  September 10, 2013
TSX Venture Tier 1 Company

Effective at 8:23 a.m. PST, September 10, 2013, 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.

________________________________________

MINDORO RESOURCES LTD. ("MIO")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  September 10, 2013
TSX Venture Tier 1 Company

Effective at 10:30 a.m., PST, September 10, 2013, shares of the Company resumed trading, an announcement having been made.

________________________________________

OREX MINERALS INC. ("REX")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  September 10, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 6, 2013:

Number of Shares:  8,228,600 shares (5,547,900 shares have flow through features)
   
Purchase Price:  $0.25 per share
   
Warrants:  4,114,300 share purchase warrants to purchase 4,114,300 shares
   
Warrant Exercise Price:               $0.30 for a two year period
   
Number of Placees:  18 placees
   
Insider / Pro Group Participation:    
     
  Insider=Y /  
Name  ProGroup=P                      # of Shares
Gary Cope  1,000,000 nft
    1,000,000 f/t
Arthur Freeze  145,000 nft
    145,000 f/t
Ross Wilmot  222,800 nft
683192 BC Ltd. (Gary Cope)                                 216,400 nft
    216,400 f/t
     
Finders' Fees:                             Canaccord Genuity Corp. receives $4,900
  M Partners Inc. receives $64,750
   

 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.]

________________________________________

OYSTER OIL AND GAS LTD. ("OY")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  September 10, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a Sale and Purchase Agreement dated September 6, 2013 between the Company, it's wholly owned subsidiary, Oyster Madagascar Limited and Candax Madagascar Limited whereby the Company is acquiring an undivided 10% working interest in relation to the Antsiranana Contract Area (Block 1101) that is situated onshore Madagascar.  Consideration is $750,000 of which $500,000 is payable upon closing and $250,000 within 10 days of the Drill Date plus $250,000 in common shares at a deemed price that is determined by the five day straight average closing price up to and including the Drill Date.  The deemed price per share is subject to a floor of not less than the Discounted Market Price, or $0.2625.

________________________________________

PARKIT ENTERPRISE INC. ("PKT")
[formerly Greenscape Capital Group Inc. ("GRN")]
BULLETIN TYPE:  Name Change and Consolidation
BULLETIN DATE: September 10, 2013 
TSX Venture Tier 2 Company

Pursuant to a resolution passed by directors on August 13, 2013, the Company has consolidated its capital on a 10 old for 1 new basis.  The name of the Company has also been changed as detailed below.

Effective at the opening on Wednesday, September 11, 2013, the common shares of Parkit Enterprise Inc. will commence trading on TSX Venture Exchange, and the common shares of Greenscape Capital Group Inc. will be delisted.  The Company is classified as an 'Industrial' company.

Post - Consolidation                           
Capitalization:  Unlimited  shares with no par value of which
  11,898,179  shares are issued and outstanding
Escrow:  shares
     
Transfer Agent:                                          Olympia Trust Company
Trading Symbol:  PKT  (new)
CUSIP Number:  70137X106         (new)
     

________________________________________

REG TECHNOLOGIES INC. ("RRE")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE:  September 10, 2013
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:  2,115,375
   
Original Expiry Date of Warrants:             March 2 and March 19, 2012, extended to
  September 20, 2013
New Expiry Date of Warrants:  September 20, 2014
Exercise Price of Warrants:  $0.15 (unchanged)
   

These warrants were issued pursuant to a private placement of 2,115,375 shares with 2,115,375 share purchase warrants attached, which was accepted for filing by the Exchange effective November 24, 2011.

________________________________________

SATORI RESOURCES INC. ("BUD")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  September 10, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 6, 2013:

Number of Shares:  15,500,000 common shares
   
Purchase Price:  $0.01 per share
   
Warrants:  15,500,000 purchase warrants attached to purchase 15,500,000 shares
   
Warrant Exercise Price:                  $0.05 for a four year period
   
Number of Placees:  12 placees
   
Insider / Pro Group Participation:    
     
          Insider=Y /  
Name          ProGroup=P                  # of Shares
     
6484000 Canada Inc.  1,200,000
Bruce Reid  2,400,000
Shanda Kilborn  250,000
Aggregate Pro Group Involvement               500,000
    [1 placee]    
     
Finder's Fee:                                an aggregate of $1,260 plus 126,000 finder's warrants (each exercisable
into one common share at a price of $0.10 for a two year period) is payable
to MacQuarie Private Wealth.
   

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.

________________________________________

SIERRA IRON ORE CORPORATION ("NAA")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement, Amendment
BULLETIN DATE:  September 10, 2013
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange Bulletin dated July 29, 2011, the Exchange has accepted an amendment with respect to a Property Purchase Agreement dated January 26, 2011:

TSX Venture Exchange has accepted for filing an acquisition agreement dated January 26, 2011 made between Sierra Iron Ore Corporation (the "Company") and Minera Copper Canyon S.A. de C.V., a private Mexican company whereby the Company will acquire a 50% interest in the El Creston property (the "Property") located in Sinaloa, Mexico.

Total consideration for the Property consists of $900,000 and 8,300,000 shares payable as follows:

     CASH  SHARES
Year 1  $110,000  1,800,000
Year 2  $290,000  1,000,000
Upon completion of a feasibility study or Commercial production           $500,000                    5,500,000
     
Insider / Pro Group Participation:    
     
  Insider=Y /  
Name  ProGroup=P                 # of Shares
Minera Copper Canyon S.A. de C.V.                    8,300,000
     

For further information please refer to the Company's news releases dated January 27, 2011 and April 18, 2011.

________________________________________

TIMBERLINE RESOURCES CORPORATION ("TBR")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  September 10, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation of a Lease and Option Agreement dated August 15, 2013 between Timberline Resources Corporation (the "Company") and David C. and Debra J. Knight Living Trust (the "Optionor") whereby the Company may acquire a lease, with option to purchase, of 584 mineral claims in Nevada comprising a series of six separate properties, including the Iron Butte project, totalling in excess of 11,000 acres.  The consideration payable to the Optionor consists of the issuance of 3,400,000 common shares of the Company and payment of up to an aggregate of $2,000,000 payable in stages over a period of 43 months.

The Optionor shall retain a 3% Net Smelter Return (the "NSR") royalty from the production of minerals. Until the commencement of commercial production, the Company may reduce the NSR by payment of $1,500,000 for each 1% reduction; the NSR may not be reduced to an amount less than 1%.  The Company shall pay the Optionor an advance royalty payment of $25,000 beginning on the 19-month anniversary of the Agreement and every 12 months thereafter, as long as the Company continues to maintain the mineral properties, until the Company commences commercial production on any of the mineral properties acquired.

________________________________________

TORCH RIVER RESOURCES LTD. ("TCR")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  September 10, 2013
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement closed on August 30, 2013:

Convertible Debenture                       $75,000
   
Conversion Price:  Convertible into units ("Units") at a conversion price of $0.075 per Unit in
the first 12 months and $0.10 per Unit thereafter.
  - Each Unit will consist of one common share and one common share
purchase warrant.
   
Maturity date:  4 months from date of issuance
  Under certain circumstances the Debentures may instead mature 24
months from date of issuance.
   
Warrants:  Each Warrant will be exercisable for one common share at a price of
$0.10 per share for up to 24 months from date of issuance.
   
Interest:  5% payable semi-annually on June 30 and December 31 each year with
the first payment occurring on December 31, 2013.
   
Number of Placees:  1 placee
   
Finder's Fee:  $6,000 cash and 80,000 warrants ("Finder Warrants") payable to Euro
Pacific Canada Inc.
  - Each Finder's Warrant is exercisable for one common share at a price of
$0.10 for up to 24 months from date of issuance.
   

________________________________________

SOURCE TSX Venture Exchange



Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn
 

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

 
 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

 
 

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

 

Online Member Center

Not a Member?
Click Here to Join
Login
Search News Releases
Advanced Search
Search
  1. PR Newswire Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
  5. Send a News Release