TSX VENTURE COMPANIES:
AFRICAN GOLD GROUP, INC. ("AGG")
BULLETIN TYPE: Halt
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
Effective at 12:36 p.m. PST, December 2, 2010, 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.
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AMSECO EXPLORATION LTD. ("AEL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 2, 2010
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 29,
2010:
Number of Shares: 3,697,687 flow-through common shares and 2,313
common shares
Purchase Price: $0.16 per flow-through common share and common
share
Warrants: 1,850,000 warrants to purchase 1,850,000
common shares
Warrants Exercise Price: $0.25 per share for a period of 24 months
following the closing of the Private Placement
Number of Placees: 4 placees
Finder's Fees: First Canadian Securities Inc. ("First") was
paid $20,404.80 in cash while Union Securities
was paid $6,000. Further, First was issued
132,540 warrants to purchase 132,540 common
shares at an exercise price of $0.25 per share
until November 29, 2012.
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 2 decembre 2010
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 29 novembre 2010 :
Nombre d'actions : 3 697 687 actions ordinaires accreditives
et 2 313 actions ordinaires
Prix : 0,16 $ par action ordinaire accreditive et
ordinaire
Bons de souscription : 1 850 000 bons de souscription permettant
d'acquerir 1 850 000 actions ordinaires
Prix d'exercice des bons : 0,25 $ l'action pendant une periode de 24
mois suivant la cloture du placement prive.
Nombre de souscripteurs : 4 souscripteurs
Honoraires
d'intermediation : First Canadian Securities inc. ("First") a
ete paye 20 404,80 $ en especes et Valeurs
mobilieres Union inc. a ete paye 6 000 $.
De plus, First a recu 132 540 bons de
souscription permettant d'acquerir 132 540
actions ordinaires au prix d'exercice de
0,25 $ l'action jusqu'au 29 novembre 2012.
La societe a confirme la cloture du placement prive ci-avant mentionne
par voie de communique de presse.
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AMSECO EXPLORATION LTD. ("AEL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 2, 2010
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 29,
2010:
Number of Shares: 334,000 common shares
Purchase Price: $0.12 per common share
Warrants: 334,000 warrants to purchase 334,000 common
shares
Warrants Exercise Price: $0.16 per share for a period of 24 months
following the closing of the Private Placement
Number of Placees: 1 placee
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 2 decembre 2010
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 29 novembre 2010 :
Nombre d'actions : 334 000 actions ordinaires
Prix : 0,12 $ par action ordinaire
Bons de souscription : 334 000 bons de souscription permettant
d'acquerir 334 000 actions ordinaires
Prix d'exercice des bons : 0,16 $ l'action pendant une periode de 24
mois suivant la cloture du placement prive.
Nombre de souscripteurs : 1 souscripteur
La societe a confirme la cloture du placement prive ci-avant mentionne
par voie de communique de presse.
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ANFIELD NICKEL CORP. ("ANF")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced October 13, 2010:
Number of Shares: 6,160,300 shares
Purchase Price: $3.75 per share
Number of Placees: 71 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Martin Rip Y 1,300
Marshall Koval Y 2,500
Lumina Capital Limited
Partnership (Ross Beaty) Y 2,054,333
Finders' Fees: Wolverton Securities Ltd. - $39,562.50
Trimark Capital (Ibrahim Abdulla) -
$500,000.00
Haywood Securities Inc. - $69,937.50
Jones Gable & Company Ltd. - $17,250.00
Raymond James Ltd. - $3,000.00
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.
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ARGONAUT EXPLORATION INC. ("AGA")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: December 2, 2010
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
Calgary.
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ARTHA RESOURCES CORPORATION ("AHC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced November 26, 2010:
Number of Shares: 20,000,000 shares
Purchase Price: $0.15 per share
Warrants: 10,000,000 share purchase warrants to purchase
10,000,000 shares
Warrant Exercise Price: $0.30 for a two year period
Number of Placees: 66 placees
Finders' Fees: RBS Morgans Limited (Christopher MacDonald) -
$18,150 and 18,150 warrants that are
exercisable into common shares at $0.30 per
share for a two year period.
CIBC Wood Gundy -$13,583 and 13,583 warrants
that are exercisable into common shares at
$0.30 per share for a two year period.
Haywood Securities - $630.00
Intersuisse Limited (Andrew Sekeley) -
$17,284.00 and 17,284 warrants that are
exercisable into common shares at $0.30 per
share for a two year period.
Vertas Securities Limited (Nelson Reynolds) -
$16,065.00.
Dayton Way Financial Pty Ltd. (David H.
Sutton) - $43,380.00 and 43,380 warrants that
are exercisable into common shares at $0.30
per share for a two year period.
Taylor Collison (Craig Ball, Michael Whiting,
Robert Fraser, Guy Collison and Mark
Pittman) - $25,000 and 25,000 warrants that
are exercisable into common shares at $0.30
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.
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ASIAN RESOURCE GLOBAL STRATEGIES INC. ("GSI.P")
BULLETIN TYPE: Notice - QT Not Completed - Approaching 24 Months of
Listing
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
The shares of the Company were listed on TSX Venture Exchange on January
2, 2009. The Company, which is classified as a Capital Pool Company
('CPC'), is required to complete a Qualifying Transaction ('QT') within
24 months of its date of listing, in accordance with Exchange Policy 2.4.
The records of the Exchange indicate that the Company has not yet
completed a QT. If the Company fails to complete a QT by its 24-month
anniversary date of January 4, 2011, the Company's trading status may be
changed to a halt or suspension without further notice, in accordance
with Exchange Policy 2.4, Section 14.6.
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AURCREST GOLD INC. ("AGO")
(formerly Tribute Minerals Inc. ("TBM"))
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders November 23, 2010, the
Company has consolidated its capital on a 5 old for 1 new basis. The name
of the Company has also been changed as follows.
Effective at the opening December 3, 2010, the common shares of AurCrest
Gold Inc. will commence trading on TSX Venture Exchange, and the common
shares of Tribute Minerals Inc. will be delisted. The Company is
classified as a 'Gold and Base Metal Mining' company.
Post - Consolidation
Capitalization: unlimited shares with no par value of which
26,168,827 shares are issued and outstanding
Escrow: 0 shares
Transfer Agent: Equity Financial Trust Company
Trading Symbol: AGO (new)
CUSIP Number: 05153A101 (new)
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BARD VENTURES LTD. ("CBS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation in connection
with a Purchase and Sale Agreement dated November 22, 2010 between Brian
Fowler, Patrick Kelly and William Roberts (the "Optionors") and the
Company whereby the Company has been granted an option to acquire a 100%
undivided right, title and interest in the Owl Lake Property that is
located northeast of Terrace Bay, in the Thunder Bay Mining Division,
Ontario. Consideration is $100,000, 600,000 common shares (200,000 shares
to each of the Optionors) and $400,000 in exploration expenditures over a
five year period. The Company granted a 2% Net Smelter Return to the
Optionors with an option to buy back 1% subject to further Exchange
review and acceptance.
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CANACO RESOURCES INC. ("CAN")
BULLETIN TYPE: Halt
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
Effective at 6:18 a.m. PST, December 2, 2010, 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.
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CANACO RESOURCES INC. ("CAN")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
Effective at 7:30 a.m. PST, December 2, 2010, shares of the Company
resumed trading, an announcement having been made over StockWatch..
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CANAM COAL CORP. ("COE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a
letter of intent dated October 26, 2010 (the "LOI") between the Company
and Job Land & Mineral Inc. ("JLM"). As per the terms of the LOI, the
Company will acquire an additional 49% working interest, bringing the
total to 98%, of RAC Mining LLC. In consideration the Company will pay
JLM an aggregate of US$1,650,000 comprised of: a cash payment of
US$625,000, assumption by the Company of a maximum of US$950,000 of JLM's
indebtedness and a US$75,000 gross overriding royalty payable at a rate
of US$1 per ton mined subsequent to the closing of the transaction.
No Insider / Pro Group Participation
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CAYDEN RESOURCES INC. ("CYD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing
documentation in connection with an option agreement (the "Option
Agreement") among Cayden Resources Inc. (the "Company"), La Camera Mining
Inc. ("La Camera"), Minera La Camera Mexico, SA de CV ("La Camera Mex")
and L.C. Mines, SA de CV ("LCM") providing for the option (the "Option")
to acquire 100% of the issued and outstanding shares in the capital of
LCM from La Camera and La Camera Mex. LCM holds the rights to the Morelos
Sur Gold Property, located in Guerrero State, Mexico. Under the terms of
the Option Agreement, the consideration payable to La Camera is:
1. a US$1,947,000 loan ("Loan") to LCM within two days of acceptance
of the Option Agreement by the Exchange (advanced). The Loan is
unsecured, non-interest bearing and due on demand but only if the Option
has been fully exercised. If the Option is not exercised, the Company
will provide LCM with a release releasing LCM from repayment of the Loan.
2. such number of units of Cayden equivalent in value to CDN$11,50,000
where each unit is comprised of one common share of the Company and one-
half warrant and each whole warrants (a "Warrant")will entitle the holder
to acquire a further common share of the Company. The value of the common
shares will be the 20 day average trading price of the Company's common
shares (the "Share Price") calculated commencing 10 days in advance of
notice given by the Company of the exercise of the Option and ending 10
days after the exercise of the Option. The exercise price of the Warrants
will be the Share Price for a period of two years from the date of issue
of the Warrants.
3. US$1,000,000 in exploration expenditures to be incurred on the Morelos
Sur Gold Property on or before February 15, 2011.
In the event the Company exercises the Option, it will be responsible for
funding LCM's option payments under an underlying option agreement
between LCM and Industrial Minera Mexico, S.A. de C.V. ("IMMSA") the
owner of the Morelos Sur Gold Property (the "IMMSA Agreement"). Under the
terms of the IMMSA Agreement, LCM has the option to acquire the Morelos
Sur Gold Property, subject to certain royalties, in consideration of two
payments being US$3,000,000 plus Value Added Tax ("VAT") on April 11,
2011 and US$7,500,000 plus VAT on October 10, 2011.
The Company will pay a finder's fee of in common shares of the Company
equivalent in value to CDN$1,150,000 at the Share Price to Sean
Harlingten and 0888858 BC Ltd (Erin Ricketts).
For further information see the Company's news release of October 15,
2010 which is available on SEDAR under the Company's profile.
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CSM SYSTEMS CORP. ("CKX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced September 28, 2010:
Number of Shares: 2,330,000 shares
Purchase Price: $0.05 per unit
Warrants: 1,165,000 share purchase warrants to purchase
1,165,000 shares
Warrant Exercise Price: $0.10 for a two year period
The Warrants are subject to an early
exercise provision as described in the press
release dated September 28, 2010.
Number of Placees: 14 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Gervin Antypowich Y 200,000
John Goofers Y 200,000
Wally McNeil Y 200,000
Susan Lett Y 200,000
No Finder's Fee
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.
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EMPIRE MINING CORPORATION ("EPC")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement, Private
Placement-Non-Brokered
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Royalty Agreement (the
"Agreement") dated November 1, 2010 between Empire Mining Corporation and
its subsidiaries (the "Company") and Anglo Pacific Group PLC (TSX:
"APY"), pursuant to which the Company has agreed to sell to APY a 3%
royalty (the "Royalty") over the Company's Bulqiza property located in
Albania, and to complete a Non-Brokered Private Placement. The aggregate
consideration payable by APY for the foregoing transactions is
$4,105,000.
Private Placement - Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced November 5, 2010:
Number of Shares: 6,700,000 shares
Purchase Price: $0.225 per share
Number of Placees: 1 placee
Insider / Pro Group Participation: N/A. At the time the Agreement was
entered into the Company was at arm's length with APY.
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.
For further information on the above noted transactions please read the
Company's news releases dated May 25, 2010, September 30, 2010 and
November 5, 2010.
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ENHANCED OIL RESOURCES INC. ("EOR")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
Further to the bulletin issued on January 8, 2010, the bulletin should
have read as follows:
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced November 10, 2009:
Number of Shares: 4,052,600 shares
Purchase Price: $0.25 per share
Warrants: 4,052,600 share purchase warrants to purchase
4,052,600 shares
Warrant Exercise Price: $0.40 for a one year period
Number of Placees: 34 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Bruce Kvellestad P 50,000
Steve Engh P 100,000
Barry Lasker Y 200,000
Don Currie Y 120,000
Ed Parker Y 100,000
Kyle Willis Y 50,000
John Dorrier Y 200,000
Finders' Fees: $27,040 cash payable to Union Securities Ltd.
$7,700 cash payable to Northern Securities
Inc.
$4,600 cash payable to Raymond James Ltd.
$18,600 cash payable to Last Mountain
Management Inc. (Douglas Bolen)
$8,000 cash payable to General Research
(Georg Hochwimmer)
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.
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ENHANCED OIL RESOURCES INC. ("EOR")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: December 2, 2010
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: 4,052,600
Original Expiry Date of Warrants: December 4, 2010
New Expiry Date of Warrants: December 4, 2011
Exercise Price of Warrants: $0.40
These warrants were issued pursuant to a private placement of 4,048,000
shares with 4,048,000 share purchase warrants attached, which was
accepted for filing by the Exchange effective January 8, 2010 and amended
by the Company on December 2, 2010 with the final correct numbers of
4,052,600 shares with 4,052,600 share purchase warrants attached.
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EURASIAN MINERALS INC. ("EMX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 2, 2010
TSX Venture Tier 1 Company
Effective at the opening, December 2, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.
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E-XACT TRANSACTIONS LTD. ("EXZ")
BULLETIN TYPE: Halt
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
Effective at 11:57 a.m. PST, December 2, 2010, 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.
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FIRESTEEL RESOURCES INC. ("FTR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced September 20, 2010:
Number of Shares: 4,981,000 common shares
1,600,000 flow-through shares
Purchase Price: $0.07 per unit
$0.085 per flow-through share
Warrants: 4,981,000 share purchase warrants to purchase
4,981,000 common shares
Warrant Exercise Price: $0.12 per share for a period of two years
Number of Placees: 23 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Units
Colin Marks P 170,000
Brenda-Ann Marks P 75,000
Finder's Fee: Canaccord Genuity Corp. - $47,617.00 cash and
648,100 Broker Warrants
Each Broker Warrant is exercisable at a price
of $0.07 pr share for a period of one year.
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.
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GEOROX RESOURCES INC. ("GXR")
BULLETIN TYPE: Halt
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
Effective at 6:24 a.m. PST, December 2, 2010, 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.
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GEOROX RESOURCES INC. ("GXR")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
Effective at 8:15 a.m., PST, December 2, 2010, shares of the Company
resumed trading, an announcement having been made over StockWatch.
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GOLDEN DAWN MINERALS INC. ("GOM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement (the
"Agreement") dated October 28, 2010 between Golden Dawn Minerals Inc.
(the "Company") and Kettle River Resources Inc. (the "Vendor"), pursuant
to which the Company has the option to acquire a 100% interest in the Tam
O'Shanter prospect (the "Property") located in the Greenwood Mining
Division of BC.
The aggregate consideration payable by the Company to the Vendor within a
four year period is:
o $230,000 in cash ($85,000 cash payable in the first year);
o issue 1,500,000 common shares of the Company (487,500 common shares
issuable in the first year); and,
o complete work commitments of $2,000,000 on the Property ($150,000 of
expenditures within the first year).
Insider / Pro Group Participation: N/A. At the time the Agreement was
entered into the Company and the Vendor were at arm's length to each
other.
For further information please read the Company's news release dated
November 1, 2010.
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INTERNATIONAL BIO RECOVERY CORPORATION ("IBR")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 6,378,368 shares and 5,000,000 share purchase warrants to settle
outstanding debt of $446,485.76.
Number of Creditors: 2 Creditors
Warrants: 5,000,000 share purchase warrants to purchase
5,000,000 shares
Warrant Exercise Price: $0.12 for a two year period
The Company shall issue a news release when the shares are issued and the
debt extinguished.
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INTERNATIONAL BIO RECOVERY CORPORATION ("IBR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced November 19, 2010:
Number of Shares: 11,024,728 shares
Purchase Price: $0.055 per share
Warrants: 11,024,728 share purchase warrants to purchase
11,024,728 shares
Warrant Exercise Price: $0.12 for a two year period
Number of Placees: 4 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Thomas Anderson Y 5,512,363
Robert Bosa Y 1,837,455
Ottavio Boffo Y 1,837,455
Brian Kask Y 1,837,455
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.)
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MATAMEC EXPLORATIONS INC. ("MAT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating
to an Option Agreement dated March 17, 2010, whereby the Company has the
option to acquire a property adjacent to the Company's Matheson JV gold
project, located within the Timmins Gold Camp, in the province of
Ontario.
The Company is required to issue a total of 100,000 shares (20,000 in the
first year) and make a cash payment of $80,000 ($5,000 within the first
year).
The Vendor shall retain a 1% Net Smelter Royalty on which the Company
retains the right of first refusal of its purchase.
For further information, please refer to the Company's press release
dated October 28, 2010.
MATAMEC EXPLORATIONS INC. ("MAT")
TYPE DE BULLETIN : Convention d'achat de propriete, d'actif ou d'actions
DATE DU BULLETIN : Le 2 decembre 2010
Societe du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepte le depot de documents en vertu d'une
convention d'option datee du 17 mars 2010, selon laquelle la societe a
l'option d'acquerir une propriete situee dans le camp minier de Timmins,
dans la province de l'Ontario.
La societe doit emettre un total de 100 000 actions ordinaires (20 000
pendant la premiere annee) et effectuer un paiement de 80 000 $ (5 000 $
pendant la premiere annee).
Le vendeur conservera une royaute de 1 % du produit net de la vente des
metaux sur laquelle la societe maintien le droit du premier refus
concernent son achat.
Pour plus d'information, veuillez vous referer au communique de presse
emis par la societe le 28 octobre 2010.
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MATAMEC EXPLORATIONS INC. ("MAT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating
to an Option Agreement dated March 17, 2010, whereby the Company has the
option to acquire a property adjacent to the Company's Matheson JV gold
project, located within the Timmins Gold Camp, in the province of
Ontario.
The Company is required to issue a total of 100,000 shares (20,000 in the
first year) and make a cash payment of $80,000 ($5,000 within the first
year).
The Vendor shall retain a 1% Net Smelter Royalty on which the Company
retains the right of first refusal of its purchase.
For further information, please refer to the Company's press release
dated October 28, 2010.
MATAMEC EXPLORATIONS INC. ("MAT")
TYPE DE BULLETIN : Convention d'achat de propriete, d'actif ou d'actions
DATE DU BULLETIN : Le 2 decembre 2010
Societe du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepte le depot de documents en vertu d'une
convention d'option datee du 17 mars 2010, selon laquelle la societe a
l'option d'acquerir une propriete situee dans le camp minier de Timmins,
dans la province de l'Ontario.
La societe doit emettre un total de 100 000 actions ordinaires (20 000
pendant la premiere annee) et effectuer un paiement de 80 000 $ (5 000 $
pendant la premiere annee).
Le vendeur conservera une royaute de 1 % du produit net de la vente des
metaux sur laquelle la societe maintien le droit du premier refus
concernent son achat.
Pour plus d'information, veuillez vous referer au communique de presse
emis par la societe le 28 octobre 2010.
---------------------------------------------------------------------------
OZCAPITAL VENTURES INC. ("OZZ.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Prospectus dated October 28, 2010 has
been filed with and accepted by TSX Venture Exchange and the Alberta,
British Columbia, and Ontario Securities Commissions effective November
1, 2010 pursuant to the provisions of the Alberta, British Columbia, and
Ontario Securities Acts. The common shares (the Common Shares) of the
Company will be listed on TSX Venture Exchange on the effective date
stated below.
The Company has completed its initial distribution of securities to the
public. The gross proceeds received by the Company for the Offering were
$600,000 (6,000,000 Common Shares at $0.10 per share).
Commence Date: At the opening December 3, 2010 the Common
Shares will commence trading on TSX Venture
Exchange.
Corporate Jurisdiction: Alberta
Capitalization: Unlimited Common Shares with no par value of
which 10,000,000 Common Shares are issued and
outstanding
Escrowed Shares: 4,000,000 Common Shares
Transfer Agent: Olympia Trust Company
Trading Symbol: OZZ.P
CUSIP Number: 692672 10 8
Sponsoring Members: Leede Financial Markets Inc., Canaccord
Capital Corporation, GMP Securities L.P. and
Penson Financial Services Canada Inc.
Agent's Options: 600,000 non-transferable stock options. One
option to purchase one share at $0.10 per
share up to December 3, 2012.
For further information, please refer to the Company's Prospectus dated
October 28, 2010.
Company Contact: Doug Walker, President and Chief Executive
Officer
Company Address: 10812 Bearspaw Drive East
Edmonton, Alberta T6J 5G1
Company Phone Number: (780) 439-8995
Seeking QT primarily in this sector:
- Oil and Gas
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PARLANE RESOURCE CORP. ("PPP")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation
pertaining to an Option Agreement dated November 25, 2010 between Parlane
Resource Corp. (the 'Company') and Derrick Strickland, pursuant to which
the Company may acquire an undivided 100% interest in 31 claims covering
approximately 14,366 hectares located in the Omineca Mining Division of
British Columbia, known as the Big Bear Project. In consideration the
Company will make cash payments of $600,000, undertake a minimum of
$650,000 of exploration expenditures and issue an aggregate of 1,200,000
common shares and 1,200,000 warrants, where each warrant is exercisable
at a the greater of $0.25 and a 20% premium to the 30 day moving average
on the dated that the warrants are issued.
WORK
EXPENDI-
DATE CASH SECURITIES TURES
Upon Exchange acceptance $150,000 300,000 shs and 300,000 wts
Year 2 $200,000 400,000 shs and 400,000 wts $150,000
Year 3 $250,000 500,000 shs and 500,000 wts $500,000
In addition, there is a 2% net smelter return relating to the
acquisition. The Company may, at any time, purchase 1% of the net smelter
return for $1,000,000 in order to reduce the total net smelter return to
1%.
A finder's fee of $14,000 and 100,000 shares is payable to Derrick
Strickland. Upon Exchange approval 34,000 shares will be issued, and
66,000 shares will be issued in Year 2.
---------------------------------------------------------------------------
PERSHIMCO RESOURCES INC. ("PRO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 2, 2010
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 10,
2010:
Number of Shares: 2,857,141 class "A" common shares
Purchase Price: $0.35 per class "A" common share
Warrants: 1,428,570 warrants to purchase 1,428,570
common shares.
Warrant Exercise Price: $0.50 per share for a 12-month period.
Number of Placees: 7 placees
Finder's Fee: $37 500 was paid in cash to Achrisia
Ameriques Inc.
The Company has issued a press release announcing the closing of the
above-mentioned Private Placement.
RESSOURCES PERSHIMCO INC. ("PRO")
TYPE DE BULLETIN : Placement prive sans l'entremise d'un courtier
DATE DU BULLETIN : Le 2 decembre 2010
Societe du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepte le depot de la documentation en vertu
d'un placement prive sans l'entremise d'un courtier, tel qu'annonce le 10
novembre 2010 :
Nombre d'actions : 2 857 141 actions ordinaires de la
categorie "A"
Prix : 0,35 $ par action ordinaire de la
categorie "A"
Bons de souscription : 1 428 570 bons de souscription permettant de
souscrire a 1 428 570 actions
Prix d'exercice des bons : 0,50 $ par action pour une periode de 12
mois.
Nombre de souscripteurs : 7 souscripteurs
Honoraire d'intermediaire : 37 500 $ a ete paye en especes a Achrisia
Ameriques inc.
La societe a emis un communique de presse annoncant la cloture du
placement prive precite.
---------------------------------------------------------------------------
PROPHECY RESOURCE CORP. ("PCY")
BULLETIN TYPE: Halt
BULLETIN DATE: December 2, 2010
TSX Venture Tier 1 Company
Effective at 8:39 a.m. PST, December 2, 2010, 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.
---------------------------------------------------------------------------
QUSTREAM CORPORATION ("QVC")
BULLETIN TYPE: Delist
BULLETIN DATE: December 2, 2010
TSX Venture Tier 1 Company
Effective at the close of business December 24, 2010, the common shares
will be delisted from TSX Venture Exchange at the request of the Company.
---------------------------------------------------------------------------
RADIUS GOLD INC. ("RDU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced November 17, 2010 and
November 19, 2010:
Number of Shares: 5,800,000 flow through shares
Purchase Price: $0.65 per share
Number of Placees: 19 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Scott Hunter P 100,000
Kerry Smith P 100,000
Ali Pejman P 200,000
Finder's Fee: Axemen Resource Capital Ltd. receives
$42,125.62, 194,422 shares and 259,231
non-transferable finder's fee warrants, each
exercisable for one share at a price of
$0.70 per share 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.)
---------------------------------------------------------------------------
ROCKHAVEN RESOURCES LTD. ("RK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced November 4, 2010 and
November 19, 2010:
Number of Shares: 8,571,442 shares
Purchase Price: $0.70 per share
Warrants: 4,285,721 share purchase warrants to purchase
4,285,721 shares
Warrant Exercise Price: $1.00 for a two year period. The warrants have
an acceleration provision such that if the
closing price of the Company's shares is $1.25
or greater for a period of ten consecutive
trading days following the expiry of the hold
period, then the Company may give notice that
the warrants will expiry 30 days after such
notice.
Number of Placees: 23 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Frank Stronach P 15,000
John Tognetti P 1,557,857
Finders' Fees: Axemen Resource Capital Ltd. receives
$57,899.80, 248,144 finder's units, with the
same terms as the above private placement, and
330,858 non-transferable finder's warrants,
each exercisable for one share at a price of
$0.70 for an eighteen month period and subject
to the same acceleration provision as above.
Haywood Securities Inc. receives 128,571
finder's units, with the same terms as the
above private placement, and 128,571
non-transferable finder's warrants, each
exercisable for one share at a price of $0.70
for an eighteen month period and subject to
the same acceleration provision as above.
Raymond James Ltd. receives $11,999.99, and
17,143 non-transferable finder's warrants,
each exercisable for one share at a price of
$0.70 for an eighteen month period and subject
to the same acceleration provision as above.
MGI Securities Inc. receives $17,999.98, and
25,714 non-transferable finder's warrants,
each exercisable for one share at a price of
$0.70 for an eighteen month period and subject
to the same acceleration provision as above.
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.)
---------------------------------------------------------------------------
ROCKLAND MINERALS CORP. ("RL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced December 2, 2010:
Number of Shares: 1,500,000 flow through shares
Purchase Price: $0.18 per share
Warrants: 750,000 share purchase warrants to purchase
750,000 shares
Warrant Exercise Price: $0.28 for a one year period
$0.36 in the second year
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. (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.)
---------------------------------------------------------------------------
RPT RESOURCES LTD. ("RPT")
BULLETIN TYPE: Regional Office Change, Remain Halted
BULLETIN DATE: December 2, 2010
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 Vancouver to
Calgary.
Trading in the shares of the Company will remain halted.
---------------------------------------------------------------------------
SEAFIELD RESOURCES LTD. ("SFF")
BULLETIN TYPE: Halt
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
Effective at 9:22 a.m. PST, December 2, 2010, 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.
---------------------------------------------------------------------------
SIGMA INDUSTRIES INC. ("SSG")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 2, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 1,000,000 shares at a deemed price of $0.40 per share post-
consolidation, to settle an outstanding debts of $400,000. The Company
has completed a share-consolidation on the basis of one new share for
four shares previously held, effective on December 2, 2010.
Number of Creditors: 1 creditor
The Company shall issue a press release when the shares are issued and
the debt extinguished.
SIGMA INDUSTRIES INC. ("SSG")
TYPE DE BULLETIN : Emission d'actions en reglement d'une dette
DATE DU BULLETIN : Le 2 decembre 2010
Societe du groupe 1 de TSX Croissance
Bourse de croissance TSX a accepte le depot de la documentation de la
societe en vertu de l'emission proposee de 1 000 000 d'actions au prix
repute de 0,40 $ l'action, en reglement de dettes de 400 000 $.
Nombre de creanciers : 1 creancier
La societe doit emettre un communique de presse lorsque les actions
seront emises et que la dette sera reglee.
---------------------------------------------------------------------------
SIGMA INDUSTRIES INC. ("SSG")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture
BULLETIN DATE: December 2, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced on August 4, 2010:
Convertible Debenture: $500,000
Conversion Price: Principal is convertible into common shares
at a conversion price of $0.10 per share
post-consolidation for a period of 5 years
following the closing date of the private
placement. The Company has completed a share-
consolidation on the basis of one new share
for four shares previously held, effective on
December 2, 2010.
Maturity Date: Five years from the closing date of the
private placement
Interest Rate: 12% per annum
Warrants: 5,000,000 warrants to purchase 5,000,000
common shares
Warrants Exercise Price: $0.10 per common share post-consolidation
during 5 years following the closing of the
Private Placement.
Number of Placees: 5 placees
Insider / Pro Group Participation:
Number of
Shares upon
Insider = Y / conversion of
Name Pro Group = P
debentures
Denis Bertrand Y 1,000,000
Jean-Francois Dore Y 1,000,000
Bruno Doyon Y 1,000,000
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.
SIGMA INDUSTRIES INC. ("SSG")
TYPE DE BULLETIN : Placement prive sans l'entremise d'un courtier,
debenture convertible
DATE DU BULLETIN : Le 2 decembre 2010
Societe du groupe 1 de TSX Croissance
Bourse de croissance TSX a accepte le depot de la documentation en vertu
d'un placement prive sans l'entremise d'un courtier, tel qu'annonce le 4
aout 2010 :
Debenture convertible : 500 000 $
Prix de conversion : Le capital est convertible en actions
ordinaires au prix de conversion de 0,10 $
par action post-consolidation pendant 5
ans suivant la cloture du placement prive.
La societe a complete une consolidation du
capital-actions sur la base d'une nouvelle
action pour quatre actions anciennement
detenues, qui est entree en vigueur le 2
decembre 2010.
Date d'echeance : Cinq ans suivant la date de cloture du
placement prive
Taux d'interet : 12 % par annee
Bons de souscription : 5 000 000 de bons de souscription permettant
d'acquerir 5 000 000 d'actions ordinaires
Prix d'exercice des bons : 0,10 $ post-consolidation pendant 5 ans
suivant la cloture du placement prive.
Nombre de souscripteurs : 5 souscripteurs
Participation des inities / Groupe Pro :
Nombre d'actions
lors de la
Initie = Y / conversion des
Nom Groupe Pro = P debentures
Denis Bertrand Y 1 000 000
Bruno Doyon Y 1 000 000
Jean-Francois Dore Y 1 000 000
En vertu du paragraphe 1.11(d) de la politique 4.1 du manuel de finance
corporatif de la Bourse, la societe doit emettre un communique de presse
annoncant la cloture du placement prive et precisant les dates de la
(des) periode(s) de retention. La societe doit aussi emettre un
communique de presse si le placement prive ne se cloture pas dans le
delai prevu.
---------------------------------------------------------------------------
SILVERCREST MINES INC. ("SVL")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 2, 2010
TSX Venture Tier 1 Company
Effective at the opening, December 2, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.
---------------------------------------------------------------------------
SILVER QUEST RESOURCES LTD. ("SQI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation
pertaining to a Purchase Option Agreement dated November 19, 2010 between
Silver Quest Resources Ltd. (the 'Company') and the optionors, Farrell
Andersen, Karl Ziehe and Roger Hulstein, pursuant to which the Company
has the option to acquire a 100% working interest in 75 quartz mining
claims, covering approximately 1,560 hectares and located approximately
140 kilometers northwest of Carmacks, in the Whitehorse Mining District
Yukon. In consideration the Company will pay a total of $225,000 and
issue a total of 351,000 shares as follows:
ON OR BEFORE CASH SHARES
7 days of Exchange Acceptance $50,000 51,000
First Anniversary $25,000 51,000
Second Anniversary $50,000 99,000
Third Anniversary $100,000 150,000
In addition, there is a 2% net smelter return royalty relating to the
acquisition. The Company may, at any time for a three year period after
exercising the option, purchase 1% of the net smelter return for
$1,000,000 in order to reduce the total net smelter return to 1%.
---------------------------------------------------------------------------
SOLUTIONINC TECHNOLOGIES LIMITED ("STL")
BULLETIN TYPE: Halt
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
Effective at 6:39 a.m. PST, December 2, 2010, 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.
---------------------------------------------------------------------------
SONORA GOLD & SILVER CORP. ("SOC")
BULLETIN TYPE: Halt
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
Effective at 6:20 a.m. PST, December 2, 2010, trading in the shares of
the Company was halted pending contact with the Company; 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.
---------------------------------------------------------------------------
STERLING RESOURCES LTD. ("SLG")
BULLETIN TYPE: Halt
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
Effective at 6:31 a.m. PST, December 2, 2010, 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.
---------------------------------------------------------------------------
STERLING RESOURCES LTD. ("SLG")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
Effective at 8:00 a.m. PST, December 2, 2010, shares of the Company
resumed trading, an announcement having been made over StockWatch.
---------------------------------------------------------------------------
TRINCAN CAPITAL CORP. ("TRN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 2, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced November 24, 2010:
Number of Shares: 2,000,000 units ("Units")
Each Unit consists of one common share and
one half of one common share purchase warrant
Purchase Price: $0.15 per Unit
Warrants: 1,000,000 share purchase warrants to purchase
1,000,000 shares
Warrant Exercise Price: $0.25 until November 23, 2012
Number of Placees: 12 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Units
Savitri Franz Y 100,000
Raymond Martin P 100,000
Ian MacPherson P 30,000
Gary Bogdanovich P 200,000
Jason Baibokas P 200,000
Finders' Fees: $3,000 cash payable to Haywood Securities Inc.
$3,300 cash payable to Union Securities Ltd.
$10,500 cash payable to Jessop Capital Inc.
---------------------------------------------------------------------------
NEX COMPANY:
COBRE EXPLORATION CORP. ("CKB")
(formerly Cobre Exploration Corp. ("CKB.H"))
BULLETIN TYPE: Change of Business, Private Placement-Non-Brokered,
Graduation from NEX to TSX Venture, Symbol Change
BULLETIN DATE: December 2, 2010
NEX Company
TSX Venture Exchange has accepted for filing Cobre Exploration Corp.'s
(the 'Company') Change of Business (the 'COB') and related transactions,
all as principally described in its filing statement dated November 5,
2010 (the 'Filing Statement'). The COB includes the following matters,
all of which have been accepted by the Exchange.
1. Acquisition of a 60% interest in the Iron Lake Property:
Under an option agreement dated June 1, 2008, as amended on October 17,
2008, June 9, 2009 and February 21, 2010, between the Company and
Eastfield Resources Ltd. ("Eastfield") the Company was granted an option
to acquire up to a 60% interest in and to the Iron Lake Mineral property
(the "Property") by Eastfield.
In order to earn its 60% interest in the Property, the Company is
required to make cash payments in the amount of $175,000, issue a total
of 266,665 common shares, issue such number of shares as are valued at
$100,000 based on the 20 day trading price average of the shares, and
incur exploration expenditures on the Property aggregating $1,500,000
over a five year period.
As of the date of this bulletin, $10,000 cash has been paid to Eastfield
and 233,332 common shares have been issued to Eastfield. The Company has
also incurred exploration expenditures on the Property in the amount of
$112,859 pursuant to the terms of the Option Agreement.
The Exchange has been advised that the Company's acquisition of the Iron
Lake Property has received shareholder approval. For additional
information refer to the Filing Statement available under the Company's
profile on SEDAR.
2. Private Placement-Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced September 2, 2010:
Number of Shares: 4,262,500 shares
Purchase Price: $0.22 per share
Warrants: 2,131,250 share purchase warrants to purchase
2,131,250 shares
Warrant Exercise Price: $0.35 for a two year period
Number of Placees: 37 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Martin Burian P 100,000
Nigel Selby P 100,000
Jill Anglin P 125,000
Leone LeGree P 15,000
Graham Moore P 85,000
Michael Marosits P 100,000
Lisa Stefani P 100,000
David Elliott P 200,000
David Shepherd P 50,000
Bill Anglin P 125,000
Finders' Fees: Leede Financial Markets Inc. - $48,664 and
213,200 warrants that are exercisable at
$0.35 per share for a 24 month period
("Finder Warrants").
Haywood Securities Inc. - $8,800 and 48,000
Finder Warrants.
Wolverton Securities Ltd. - $880 and 4000
Finder Warrants.
Bolder Investment Partners, Ltd. - $1,760 and
8,000 Finder Warrants.
3. Graduation from NEX to TSX Venture:
The Company has met the requirements to be listed as a TSX Venture Tier 2
Company. Therefore, effective on Friday, December 3, 2010, the Company's
listing will transfer from NEX to TSX Venture, the Company's Tier
classification will change from NEX to Tier 2 and the Filing and Service
Office will change from NEX to Vancouver.
The Company is classified as a 'Mineral Exploration' company.
Capitalization: Unlimited shares with no par value of which
15,397,770 shares are issued and outstanding
Escrow: 354,995 shares are subject to an 18 month
staged escrow release and 2,364,000 shares
are subject to a 36 month staged escrow
release
Transfer Agent: Olympia Trust Company
Trading Symbol: CKB (new)
CUSIP Number: 191044 20 5 (UNCHANGED)
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