TSX VENTURE COMPANIES
ALDER RESOURCES LTD. ("ALR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 24, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced October 15, 2009:
Number of Shares: 6,666,666 shares
Purchase Price: $0.15 per share
Warrants: 6,666,666 share purchase warrants to purchase
6,666,666 shares
Warrant Exercise Price: $0.25 for a two year period
Number of Placees: 38 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
David Garnett P 85,000
Renee Garnett P 175,000
Marc Decotiis P 20,000
Finder's Fee: Delano Capital Corp. receives $79,999.99 and
666,667 non-transferable warrants, where each
warrant is exercisable for one share at a
price of $0.15 per share for a two 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.)
TSX-X
--------------------------------------------------------------------------
AMSECO EXPLORATION LTD. ("AEL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 24, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with
respect to a Non-Brokered Private Placement, announced on November 20,
2009:
Number of Shares: 4,500,000 common shares
Purchase Price: $0.05 per common share
Warrants: 4,500,000 warrants to purchase 4,500,000
common shares
Warrant Exercise Price: $0.10 for a 24-month following the closing
date
Number of Placees: 18 placees
Insider / Pro Group Participation:
Insider = Y /
Name Pro Group = P Number of Shares
Jean Desmarais Y 540,000
Roger Bourgault Y 200,000
Nicolas Patry Y 160,000
Stephen Simmons P 60,000
Kenneth Muir P 60,000
Finder's Fee: Mr. Michel Lavoie was paid 250,000 in
warrants whereby each warrant entitles the
Holder to purchase one common share of the
Company at a price of $0.10 per share until
November 20, 2011.
The Company has confirmed the closing of the above-mentioned Private
Placement by way of a news release.
EXPLORATION AMSECO LTEE ("AEL")
TYPE DE BULLETIN: Placement prive sans l'entremise d'un courtier
DATE DU BULLETIN : Le 24 novembre 2009
Societe du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepte le depot de la documentation
relativement a un placement prive sans l'entremise d'un courtier, tel
qu'annonce le 20 novembre 2009 :
Nombre d'actions : 4 500 000 actions ordinaires
Prix : 0,05 $ par action ordinaire
Bons de souscription : 4 500 000 bons de souscription permettant de
souscrire a 4 500 000 actions ordinaires
Prix d'exercice des bons : 0,10 $ pour une periode de 24 mois suivant la
cloture
Nombre de souscripteurs : 18 souscripteurs
Participation des inities / Groupe Pro :
Initie = Y /
Nom Groupe Pro = P Nombre d'actions
Jean Desmarais Y 540 000
Roger Bourgault Y 200 000
Nicolas Patry Y 160 000
Stephen Simmons P 60 000
Kenneth Muir P 60 000
Honoraires
d'intermediation : M. Michel Lavoie a recu 250 000 en bons de
souscription, chacun permettant au titulaire
de souscrire a une action de la societe au
prix de 0,10 $ jusqu'au 20 novembre 2011.
La societe a confirme la cloture du placement prive ci-avant mentionne par
voie de communique de presse.
TSX-X
--------------------------------------------------------------------------
APELLA RESOURCES INC. ("APA")
BULLETIN TYPE: Warrant Price Amendment, Warrant Term Extension
BULLETIN DATE: November 24, 2009
TSX Venture Tier 1 Company
TSX Venture Exchange has consented to the reduction in the exercise price
of the following warrants:
Private Placement:
# of Warrants: 2,250,000
Original Expiry Date of
Warrants December 31, 2009
New Expiry Date of Warrants: June 30, 2009
Forced Exercise Provision: If the closing price for the Company's shares
is $0.19 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: $0.25
New Exercise Price of
Warrants: $0.15
These warrants were issued pursuant to a private placement of 3,500,000
flow-through shares and 500,000 non-flow-through with 2,250,000 share
purchase warrants attached, which was accepted for filing by the Exchange
effective December 24, 2007.
TSX-X
--------------------------------------------------------------------------
AQUA-PURE VENTURES INC. ("AQE")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: November 24, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced November 12, 2009:
Convertible Debenture $7,020,000
Conversion Price: Convertible into common shares at $0.75 of
principal outstanding in year one, $1.00 in
year two and $1.25 in years three, four and
five.
Maturity date: October 31, 2014
Interest rate: 5% per annum
Number of Placees: 1 placee
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / Principal Amount
Hallmark Resources Ltd. Y $7,020,000
(Jake Halldorson / Brent Halldorson)
Finder's Fee: N/A
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.
TSX-X
--------------------------------------------------------------------------
AUGUST METAL CORPORATION ("AGP")
(formerly Cuda Capital Corp. ("CDP"))
BULLETIN TYPE: Name Change and Consolidation, Amendment
BULLETIN DATE: November 24, 2009
TSX Venture Tier 2 Company
Further to the bulletin dated November 23, 2009, the Post-Consolidation
Capitalization should have read as follows:
Post - Consolidation
Capitalization: Unlimited shares with no par value of which
10,598,620 shares are issued and outstanding
Escrow: 193,500 shares
TSX-X
--------------------------------------------------------------------------
BONANZA RESOURCES CORPORATION ("BRS")
BULLETIN TYPE: Shares for Debt, Correction
BULLETIN DATE: November 24, 2009
TSX Venture Tier 2 Company
Further to the bulletin dated November 20, 2009 with respect to the TSX
Venture Exchange acceptance of the Company's proposal to issue 13,205,602
shares and 9,787,602 share purchase warrants to settle outstanding debt
for $660,280.10, the warrants should have been exercisable at a price of
$0.10 per share for a period of two years, not one year.
The Company shall issue a news release when the shares are issued and the
debt extinguished.
TSX-X
--------------------------------------------------------------------------
CANADIAN OREBODIES INC. ("CO")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 24, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a
purchase and sale agreement (the "Agreement") dated November 20, 2009
between Joe-Anne Salo and Larry John Salo (collectively, the "Vendors")
and Canadian Orebodies Inc. (the "Company). Pursuant to the Agreement, the
Company shall purchase a 100% interest in 5 separate Lithium/REE
properties (collectively, the "Properties"), located in various regions in
Ontario.
As consideration, the Company shall issue 1,600,000 common shares and
1,600,000 common share purchase warrants (each exercisable into one common
share at a price of $0.15 for a period of 24 months) to Larry John Salo.
The Properties are subject to a 2% NSR retained by the Vendors, 50% of
which can be purchased by the Company for $1,000,000.
For more information, refer to the Company's news release dated October
22, 2009.
TSX-X
--------------------------------------------------------------------------
CANTRONIC SYSTEMS INC. ("CTS")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: November 24, 2009
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 200,000 bonus shares to GC-Global Capital Corp. in consideration of
$1,000,000 loan.
TSX-X
--------------------------------------------------------------------------
CAP-LINK VENTURES LTD. ("CAV")
BULLETIN TYPE: Resume Trading, Reviewable Transaction-Announced
BULLETIN DATE: November 24, 2009
TSX Venture Tier 2 Company
Effective at the opening Wednesday, November 25, 2009, trading in the
Company's shares will resume.
This resumption of trading does not constitute acceptance of the
Reviewable Transaction, and should not be construed as an assurance of the
merits of the transaction or the likelihood of completion. The Company is
required to submit all of the required initial documentation relating to
the transaction. IF THIS DOCUMENTATION IS NOT PROVIDED, OR IS
INSUFFICIENT, A TRADING HALT MAY BE RE-IMPOSED.
Completion of the transaction is subject to a number of conditions,
including but not limited to, Exchange acceptance. There is a risk that
the transaction will not be accepted or that the terms of the transaction
may change substantially prior to acceptance. SHOULD THIS OCCUR, A TRADING
HALT MAY BE RE-IMPOSED.
TSX-X
--------------------------------------------------------------------------
EMERALD BAY ENERGY INC. ("EBY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 24, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced September 8 and November 20,
2009:
Number of Shares: 6,250,000 Units
Each Unit consists of one flow-through share
and one common share purchase warrant
Purchase Price: $0.08 per Unit
Warrants: 6,250,000 share purchase warrants to purchase
6,250,000 shares
Warrant Exercise Price: $0.15 for up to 12 months from date of
issuance
Number of Placees: 8 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Clarence Wagenaar Y 937,500
Michael Rice Y 37,500
Finder's Fee: $35,000 cash and 437,500 Finders Warrant
payable to Limited Market Dealer Inc.
$3,200 cash and 40,000 Finders Warrant
payable to Brandt Securities Limited
Each Finders Warrant is exercisable for one
Unit at a price of $0.08 per Unit. Terms of
each Unit are identical to those under the
offering.
TSX-X
--------------------------------------------------------------------------
FULL METAL MINERALS LTD. ("FMM")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: November 24, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Letter Agreement dated
September 4, 2009 (the "Agreement") amending the terms to the Letter
Agreement dated May 10, 2007 between Full Metal Minerals Ltd. (the
"Company") and Shawn Ryan regarding an option to acquire a 100% interest
in the OG property in the Yukon Territory which includes OG, OD, OZ and UG
claims.
The parties hereby amend the 2007 Agreement as follows: the total cash
consideration will remain the same, however decreased by $100,000 for the
year 2009 and increased by $50,000 in each of the years 2010 and 2011. The
total number of common shares of the Company required to be issued under
the Agreement will be increased by 30,000 common shares, such shares to be
issued for the 2009 year.
TSX-X
--------------------------------------------------------------------------
GOLDEN GOOSE RESOURCES INC. ("GGR")
BULLETIN TYPE: Property-Asset or Share Disposition Amending Agreement
BULLETIN DATE: November 24, 2009
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing an arm's-length amended
Option Agreement (the "Agreement"), dated November 11, 2009, between
Golden Goose Resources Inc. (the "Company") and Nemaska Exploration Inc.
("Nemaska"). The amendment relates to payment terms within the original
August 12, 2009 agreement whereby the Company has granted Nemaska an
option to acquire up to 100% of the interest held by the Company in the
Lac Levac Property in the province of Quebec.
Under the terms of the original agreement, the option was granted for a
non-refundable consideration of $150,000 in cash. In order to acquire the
full 100% interest, Nemaska must make a cash payment of $2,000,000 and
issue shares upon its anticipated Initial Public Offering ("the IPO
shares") for a total value of $850,000 (the number of common shares will
depend on the IPO price). Further, Nemaska will also grant one warrant per
common IPO share issued, exercisable for two years following the closing
of the IPO at an exercise price of a 20% premium over the IPO price.
Under the terms of the amended agreement, the option was granted for a
non-refundable consideration of $50,000 in cash. In order to acquire the
full 100% interest, Nemaska must make a cash payment of $450,000 and issue
shares upon its anticipated Initial Public Offering ("the IPO shares") for
a total value of $1,500,000 (the number of common shares will depend on
the IPO price, discounted 30%). Further, Nemaska will also grant one
warrant per common IPO share issued, exercisable for two years following
the closing of the IPO at an exercise price of a 20% premium over the IPO
price. Finally, $1,000,000 is to be paid in the form of an 8% convertible
redeemable debenture (the "debenture"), which is convertible into common
shares of Nemaska at the IPO price. The debenture also carries warrants,
exercisable at a 20% premium price over the IPO price.
The Company will retain a 2% Net Smelter Royalty in the property, 1% of
which may be repurchased by Nemaska for $1,000,000 within the first three
years.
For further details, please refer to the Company's press release dated
November 13, 2009.
RESSOURCES GOLDEN GOOSE INC. ("GGR")
TYPE DE BULLETIN : Convention d'alienation de propriete, d'actif ou
d'actions
DATE DU BULLETIN : Le 24 novembre 2009
Societe du groupe 1 de TSX Croissance
Bourse de croissance TSX a accepte le depot de documents relativement a
une convention d'option d'achat (" la convention ") modifiee et datee du
11 novembre 2009 entre Ressources Golden Goose inc. (" la societe ") et
Exploration Nemaska inc. (" Nemaska "), une partie sans lien de
dependance. La modification concerne les modalites de paiement aux termes
de l'entente originale du 12 août 2009, qui permet a Nemaska d'acquerir
jusqu'a 100 % de l'interet detenu par la societe dans la propriete Lac
Levac, situee dans la province de Quebec.
Selon les termes de l'entente originale, l'option a ete octroyee en
consideration d'un paiement en especes non-remboursable de 150 000 $. Afin
d'acquerir l'interet de 100 %, Nemaska doit effectuer un paiement de 2 000
000 $ en especes, et emettre des actions ordinaires (" les actions du PAPE
"), lors de son premier appel public a l'epargne eventuel, pour une valeur
totale de 850 000 $ (le nombre d'actions dependra du prix lors du PAPE).
De plus, Nemaska doit emettre un bon de souscription, pour chaque action
du PAPE emis, exercable pendant deux ans suivant la cloture du PAPE.
Chaque bon de souscription donnant droit a la societe d'acheter une action
avec une prime de 20 % superieure au prix du PAPE.
Selon les termes modifies, l'option a ete octroyee en consideration d'un
paiement en especes non-remboursable de 50 000 $. Afin d'acquerir
l'interet de 100 %, Nemaska doit effectuer un paiement de 450 000 $ en
especes, et emettre, lors de son premier appel public a l'epargne eventuel
(" les actions du PAPE "), des actions ordinaires pour une valeur totale
de 1 500 000 $ (le nombre d'actions dependra du prix, tel qu'escompte par
30 %, lors du PAPE). De plus, Nemaska doit emettre un bon de souscription,
pour chaque action du PAPE emis, exercable pendant deux ans suivant la
cloture du PAPE. Chaque bon de souscription donnant droit a la societe
d'acheter une action avec une prime de 20 % superieure au prix du PAPE.
Finalement, 1 000 000 $ sera paye sous la forme d'une debenture
convertible et rachetable (la " debenture "), portant un taux d'interet de
8 % et convertible en actions ordinaires de Nemaska au prix lors du PAPE.
La debenture comprend aussi des bons de souscription, exercable au prix
lors du PAPE plus une prime de 20 %.
La societe conservera un NSR de 2 % dans la propriete, duquel 1 % est
rachetable par Nemaska au montant de 1 000 000 $ pendant les trois
premieres annees.
Pour plus de details, veuillez vous referer au communique de presse emis
par la societe le 13 novembre 2009.
TSX-X
--------------------------------------------------------------------------
HATHOR EXPLORATION LIMITED ("HAT")
NORTHERN CONTINENTAL RESOURCES INC. ("NCR"))
BULLETIN TYPE: Plan of Arrangement, Delist
BULLETIN DATE: November 24, 2009
TSX Venture Tier 1 Company, TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted an Arrangement
Agreement (the "Agreement") dated September 14, 2009 between Hathor
Exploration Limited (the 'Company') and Northern Continental Resources
Inc. ('NCR'). Pursuant to the Agreement, the Company will acquire all of
the outstanding shares of NCR, under a statutory plan of arrangement (the
"Arrangement"), pursuant to which:
- All NCR common shares will be deemed exchanged on the basis of 0.1389 of
a Company common share for each NCR common share; and
- All NCR options and NCR warrants will be deemed exchanged for comparable
securities of the Company, adjusted on the same share exchange ratio
basis.
The Exchange has been advised that approval of the Arrangement by
shareholders of NCR was received at a meeting of the shareholders held on
November 10, 2009 and that approval of the Arrangement was received from
the Supreme Court of British Columbia on November 16, 2009. The full
particulars of the Arrangement are set forth in NCR's Information Circular
dated October 5, 2009 which is available under the NCR's profile on SEDAR.
The Company and NCR closed the Arrangement on Monday November 23, 2009,
with the effective date of the Arrangement being Monday, November 23,
2009.
Post - Amalgamation
Capitalization: unlimited common shares with no par value of
which 100,797,042 common shares are issued
and outstanding
Escrowed: 450,000 common shares
Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: HAT (unchanged)
CUSIP Number: 419018 10 6 (unchanged)
Delisting:
In conjunction with the closing of the Arrangement, NCR has requested that
its common shares be delisted. Accordingly, effective at the close of
business November 24, 2009, the common shares of NCR will be delisted from
the Exchange.
Insider / Pro Group Participation: None. Prior to the closing of the
Arrangement the Company was at arm's length to NCR.
TSX-X
--------------------------------------------------------------------------
HELIO RESOURCE CORP. ("HRC")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: November 24, 2009
TSX Venture Tier 2 Company
Further to TSX Venture Exchange (the "Exchange") bulletin dated January
20, 2006, the Exchange has accepted a share issuance in relation to an
option agreement dated November 20, 2005 between Helio Resource Corp. (the
"Company") and Thorn Tree Minerals Ltd ("Thorn Tree"), a private Tanzanian
company. Under the agreement the Company was obligated to pay a final
payment of $250,000 to Thorn Tree by November 20, 2009, in order to obtain
a 100% interest in the 51 km2 Saza license located in Tanzania. In lieu of
this cash payment, the Company will instead issue a total of 416,667
shares to Thorn Tree.
TSX-X
--------------------------------------------------------------------------
HERMES FINANCIAL INC. ("HFI.P")
BULLETIN TYPE: CPC-Information Circular
BULLETIN DATE: November 24, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's CPC Information
Circular dated November 23, 2009, for the purpose of mailing to
shareholders and filing on SEDAR.
TSX-X
--------------------------------------------------------------------------
KALAHARI RESOURCES INC. ("KLA")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 24, 2009
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pertaining to
two Acquisition Agreements between Kalahari Resources Inc. (the "Company")
and two delisted companies, Golden Pond Resources Ltd. ("Golden Pond") and
Tundra Gold Mines Limited ("Tundra"), whereby the Company is purchasing
Golden Pond's 27.55% interest in a 2,815 acre portion of the Lamaque
property, located near the town of Val d'Or, Quebec, and Tundra's 48.65%
interest in a 250 acre portion of the Lamaque Property. In consideration,
the Company will issue 2,902,861 shares to Golden Pond and 9,593,128
shares to Tundra.
TSX-X
--------------------------------------------------------------------------
KELMAN TECHNOLOGIES INC. ("KTI")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: November 24, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced November 23, 2009:
Convertible Debenture $650,000
Conversion Price: Convertible into common shares at a price of
$2.00 per share
Maturity date: Four years from closing
Interest rate: Prime plus 10% per annum compounded monthly
Number of Placees: 1 placee
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / Principal Amount
Epstein Enterprises Inc.
(Seymour Epstein) Y $650,000
TSX-X
--------------------------------------------------------------------------
LATEEGRA GOLD CORP. ("LRG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 24, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced October 15, 2009 and amended
November 20, 2009:
Number of Shares: 1,250,000 flow-through shares
Purchase Price: $0.40 per share
Warrants: 625,000 share purchase warrants to purchase
625,000 shares
Warrant Exercise Price: $0.60 for an eighteen month period
Number of Placees: 3 placees
Finder's Fee: $40,500 cash and 87,500 warrants exercisable
at $0.40 for two years payable to Limited
Market Dealer Inc.
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.
TSX-X
--------------------------------------------------------------------------
LUIRI GOLD LIMITED ("LGL")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: November 24, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced October 16, 2009:
Number of Shares: 40,000,000 shares
Purchase Price: $0.191 (Australian $0.20) per share
Number of Placees: 527 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Lachlan Star Limited
(a public company
listed on the ASX) Y 9,000,000
Agent's Fee: Australian $400,000 cash and 1,000,000
options exercisable at Australian $0.20 for
30 months payable to Euroz Securities
Limited.
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.
TSX-X
--------------------------------------------------------------------------
MIRANDA GOLD CORP. ("MAD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 24, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Mining Lease dated October
29, 2009 between Miranda Gold Corp., Miranda USA Inc. (collectively the
'Company') and Range Minerals Corporation, whereby the Company will
acquire a 20 year lease of 171 Alaska State mining claims comprising the
Ester Dome project located in the Fairbanks Mining District approximately
8 kilometers from Fairbanks, Alaska.
To maintain the lease, the Company will pay annual escalating advance
royalty payments and incur minimum work commitments. The schedule of
escalating advance royalty payments and work expenditures are as follows:
WORK
CASH WARRANTS EXPENDITURES
Upon Signing &
Exchange approval $20,000 100,000 @ $0.50 $0
Year 1 $32,000 100,000 @ $0.55 $50,000
Year 2 $60,000 100,000 @ $0.60 $150,000
Year 3 $70,000 0 $200,000
Year 4 $75,000 0 $250,000
Year 5 and all years
thereafter $80,000 0 $250,000
All share purchase warrants will expire two years after the date of issue.
In addition, there is a gold price indexed Net Smelter Return royalty
relating to the acquisition based on the average of the London PM fix for
gold for the five business days preceding receipt of payment from the
smelter (deemed the Average Gold Price): $500 or less results in a 2% NSR,
over $500 to $1,000 results in a 3% NSR, and $1,000 or greater results in
a 4% NSR. The Company may at any time purchase a maximum of 1% of the NSR
based on the Average Gold Price as follows:
Average Gold Price Purchase Price for 1% NSR
$500 or less $1,500,000
$500 to $1,000 $2,000,000
$1,000 or more $3,000,000
TSX-X
--------------------------------------------------------------------------
NEXTRACTION ENERGY CORP. ("NE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 24, 2009
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 October
26, 2009:
Number of Shares: 3,762,000 shares
Purchase Price: $0.75 per share
Warrants: 1,881,000 share purchase warrants to purchase
1,881,000 shares
Warrant Exercise Price: $0.95 for a one year period
Number of Placees: 77 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Franco & Karen Papalia P 20,000
Franco Papalia P 10,000
Karen Papalia P 10,000
Mark Lotz P 34,000
Frank Hallam Y 181,000
R. Michael Jones Y 180,000
Mtarri, Inc. (Paul B. Trost) Y 22,500
Mark S. Dolar Revocable Trust
(Mark S. Dolar) Y 8,000
Finders' Fees: $71,820 cash payable to Canaccord Capital
Corporation
$11,475 cash payable to Raymond James Ltd.
$2,160 cash payable to Carlo Nigro
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.
TSX-X
--------------------------------------------------------------------------
NORTHERN CONTINENTAL RESOURCES INC. ("NCR")
BULLETIN TYPE: Halt
BULLETIN DATE: November 24, 2009
TSX Venture Tier 2 Company
Effective at the opening, November 24, 2009, trading in the shares of the
Company was halted pending delisting; 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.
TSX-X
--------------------------------------------------------------------------
RESULT ENERGY INC. ("RTE")("RTE.RT")
BULLETIN TYPE: Rights Offering-Shares
BULLETIN DATE: November 24, 2009
TSX Venture Tier 1 Company
The Company has announced it will offer to Shareholders of record on
December 5, 2009, Rights to purchase shares of the Company. One (1) Right
will be issued for each share held. 10 Rights and $0.085 are required to
purchase one Share. The expiry date for the Rights Offering is December
29, 2009. As at November 23, 2009, the Company had 82,282,868 shares
issued and outstanding.
Effective at the opening, December 3, 2009, the shares of the Company will
trade Ex-Rights and the Rights will commence trading at that time on a
'when-issued basis'. The Company is classified as a 'Conventional Oil and
Gas Extraction' company.
Summary:
Basis of Offering: Ten (10) Rights exercisable for One (1) Share
at $0.085 per Share.
Record Date: December 5, 2009
Shares Trade Ex-Rights: December 3, 2009
Rights Called for Trading: December 3, 2009
Rights Trade for Cash: December 21, 2009
Rights Expire: December 29, 2009
Rights Trading Symbol: RTE.RT
Rights CUSIP Number: 76127K 11 1
Subscription Agent and
Trustee: Olympia Trust Company
Authorized Jurisdiction(s): All provinces of Canada except Quebec.
For further details, please refer to the Company's Rights Offering
Circular dated December 5, 2009.
The Company's Rights Offering Circular has been filed with and accepted by
all the Securities Commissions in Canada, except Quebec, pursuant to the
provisions of the respective Securities Act.
TSX-X
--------------------------------------------------------------------------
RICHMOND MINERALS INC. ("RMD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 24, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced November 2, 2009:
Number of Shares: 4,100,000 flow through shares
1,364,000 non flow through shares
Purchase Price: $0.05 per share (flow through and non flow
through shares)
Warrants: 4,100,000 share purchase warrants to purchase
4,100,000 flow through shares
1,364,000 share purchase warrants to purchase
1,364,000 non flow through shares
Warrant Exercise Price: $0.15 for a one year period for flow through
shares
$0.10 for a two year period for non flow
through shares
Number of Placees: 20 placees
Finder's Fee: 341,000 units (each unit consisting of one
common share for no additional consideration
and one warrant exercisable into one common
share at a price of $0.10 for a period of 2
years) payable to Peter Lukesch.
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.
TSX-X
--------------------------------------------------------------------------
RYLAND OIL CORPORATION ("RYD")
BULLETIN TYPE: Halt
BULLETIN DATE: November 24, 2009
TSX Venture Tier 2 Company
Effective at the opening, November 24, 2009, trading in the shares of the
Company was halted at the request of the Company, pending an announcement;
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.
TSX-X
--------------------------------------------------------------------------
WWI RESOURCES LTD. ("WWI")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: November 24, 2009
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated November 17, 2009,
effective at 10:11 a.m. PST, November 24, 2009 trading in the shares of
the Company will remain halted pending receipt and review of acceptable
documentation regarding the Change of Business and/or Reverse Takeover
pursuant to Listings Policy 5.2.
TSX-X
--------------------------------------------------------------------------
NEX COMPANIES
SUB CAPITAL INC. ("SUB.H")
BULLETIN TYPE: Consolidation
BULLETIN DATE: November 24, 2009
NEX Company
Pursuant to a special resolution passed by shareholders November 25, 2008,
the Company has consolidated its capital on a 10 old for 1 new basis. The
name of the Company has not been changed.
Effective at the opening Wednesday, November 25, 2009 shares of Sub
Capital Inc. will commence trading on TSX Venture Exchange on a
consolidated basis. The Company is 'Temporarily Unclassified'.
Post - Consolidation
Capitalization: Unlimited shares with no par value of which
3,118,517 shares are issued and outstanding
Escrow 781,938 shares are subject to escrow
Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: SUB.H (unchanged)
CUSIP Number: 864264 20 5 (new)
TSX-X
--------------------------------------------------------------------------
THEMAC RESOURCES GROUP LIMITED ("MAC.H")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 24, 2009
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 533,333 shares to settle outstanding debt for $40,000.
Number of Creditors: 1 Creditor
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price
Creditor Progroup=P Owing per Share # of Shares
Marley Holdings Pty Ltd. Y $40,000 $0.075 533,333
(Kevin W. Maloney)
The Company shall issue a news release when the shares are issued and the
debt extinguished.
TSX-X
--------------------------------------------------------------------------
Camrova Resources (TSXV:CAV)
Historical Stock Chart
From Dec 2024 to Jan 2025
Camrova Resources (TSXV:CAV)
Historical Stock Chart
From Jan 2024 to Jan 2025