OTTAWA,
ON, Aug. 25, 2023 /CNW/ -
TSX VENTURE COMPANIES
None
23/08/25 - TSX
Venture Exchange Bulletins
TSX VENTURE COMPANIES
GLEN EAGLE RESOURCES INC. ("GER")
BULLETIN
TYPE: Shares for Debt
BULLETIN DATE:
August 25, 2023
TSX
Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has accepted for
filing the Company's proposal to issue 2,720,000 common shares at a
price of $0.05 per share, in
settlement of a debt in the aggregate amount of $136,000 in connection with an outstanding
convertible note and accrued interests.
Number of
Creditors:
1
creditor
Insider / Pro Group Participation: N/A
For further information, please refer to the Company's press
release dated August 10, 2023.
GLEN EAGLE RESOURCES INC. (« GER »)
TYPE DE BULLETIN: Émission d'actions en règlement d'une dette
DATE DU BULLETIN: 25 août 2023
Société du groupe 2 de Bourse de Croissance TSX
Bourse de Croissance TSX a accepté le dépôt de la documentation de
la société en vertu de l'émission proposée de 2 720 000
actions ordinaires a un prix de 0,05 $ par action, en règlement
d'une dette totalisant 136 000 $ relativement à un billet
convertible en circulation et les intérêts accumulés.
Nombre de créanciers: 1 créancier
Participation de personnes ayant un lien de dépendance / Groupe
Pro: N/A
Pour plus d'information, veuillez-vous référer au communiqué de
presse émis par la société le 10 août 2023.
____________________________________________
GRANADA GOLD MINE INC.
("GGM")
BULLETIN TYPE: Warrant Price
Amendment; Warrant Term Extension
BULLETIN
DATE: August 25,
2023
TSX Venture Tier
2 Company
TSX Venture Exchange has consented to the reduction in the
exercise price and the extension in the expiry date of the
following warrants:
Private Placement:
# of
Warrants:
3,956,521
Forced Exercise
Provision:
If the closing price for the Company's shares is $0.0625 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 30th day.
Original Exercise Price of
Warrants:
$0.28
New Exercise Price of
Warrants:
$0.05 (The new exercise price will be
effective for the 3,043,478 warrants as of August 27, 2023, and the 913,043 warrants as of
September 4, 2023)
Original Expiry Date of
Warrants:
August 27, 2023 (3,043,478
warrants)
September 4, 2023 (913,043 warrants)
New Expiry Date of
Warrants:
August 27, 2025 and September 4, 2025. (The new expiry date of
warrants will be effective for the 3,043,478 warrants as of
August 27, 2023, and 913,043 warrants
as of September 4, 2023).
These warrants were issued pursuant to a private placement of
3,956,521 shares with 3,956,521 share purchase warrants attached,
which was accepted for filing by the Exchange effective
September 15, 2020.
________________________________________
LUPAKA GOLD CORP. ("LPK")
BULLETIN TYPE:
Private Placement-Non-Brokered
BULLETIN DATE:
August 25, 2023
TSX Venture
Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced on
June 8, 2023:
Number of Shares:
2,000,000 common shares
Purchase
Price:
$0.06 per share
Warrants:
2,000,000 share purchase warrants to purchase 2,000,000
shares
Warrant Exercise
Price:
$0.10 for a period of three years
from the date of issuance
Number of
Placees:
10 placees
|
Insider / Pro Group
Participation:
|
|
|
|
|
|
|
Placees
|
# of Placee
(s)
|
Aggregate # of
Shares
|
|
|
|
|
Aggregate Existing
Insider Involvement:
Pro Group:
|
1
1
|
400,000
300,000
|
|
|
|
|
Aggregate Cash
Amount
|
Aggregate
#
of
Shares
|
Aggregate
#
of
Warrants
|
|
Finder's
Fee:
|
N/A
|
N/A
|
N/A
|
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the
Company issued a news release on August 18,
2023, 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.
________________________________________
MEED GROWTH CORP. ("MEED.P")
BULLETIN
TYPE: Change in filing office
BULLETIN
DATE: August 25,
2023
TSX Venture Tier 2 Company
Pursuant to Policy 1.2, TSX Venture Exchange has been
advised of and accepted the change of the Filing Office from
Vancouver to Calgary.
________________________________________
NEXPOINT HOSPITALITY
TRUST ("NHT.U")
BULLETIN TYPE:
Property-Asset or Share Disposition Agreement
BULLETIN
DATE: August 25,
2023
TSX Venture Tier
2 Company
TSX Venture Exchange has accepted for filing documentation with
respect to the arm's length disposition of its Holiday Inn Express
hotel property located in Nashville,
Tennessee.
As consideration, the Company will receive US$120,000,000.
For further details, please refer to the Company's news release
dated August 11, 2023.
________________________________________
NGEX MINERALS
LTD. ("NGEX")
BULLETIN TYPE:
Private Placement-Non-Brokered
BULLETIN DATE:
August 25, 2023
TSX Venture
Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced on
July 20, 2023 and July 21, 2023:
Number of
Shares:
13,178,460 shares
Purchase
Price:
$6.50 per share
Number of
Placees:
40 placees
|
Insider / Pro Group
Participation:
|
|
|
|
|
|
|
Placees
|
# of Placee
(s)
|
Aggregate # of
Shares
|
|
|
|
|
Aggregate Existing
Insider Involvement:
|
3
|
4,772,692
|
|
Aggregate Pro Group
Involvement:
|
2
|
30,000
|
|
Aggregate Cash
Amount
|
Aggregate
#
of
Shares
|
Aggregate
#
of
Warrants
|
|
Finder's
Fee:
|
$2,315,625
|
N/A
|
N/A
|
The Company issued a news release on August
11, 2023, confirming closing of the private placement.
________________________________________
REKLAIM LTD. ("MYID")
BULLETIN
TYPE: Private Placement-Non-Brokered
BULLETIN
DATE: August 25,
2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced on
May 8, 2023:
Number of
Shares:
1,500,000 shares
Purchase
Price:
$0.06 per share
Warrants:
1,500,000 share purchase warrants to purchase 1,500,000
shares
Warrant Exercise Price:
$0.10 for a three-year period, subject to an acceleration
clause
Number of
Placees:
1 placee
|
Insider / Pro Group
Participation:
|
|
|
|
|
|
|
Placees
|
# of Placee
(s)
|
Aggregate # of
Shares
|
|
|
|
|
Aggregate Existing
Insider Involvement:
|
N/A
|
N/A
|
|
Aggregate Pro Group
Involvement:
|
N/A
|
N/A
|
|
Aggregate Cash
Amount
|
Aggregate
#
of
Shares
|
Aggregate
#
of
Warrants
|
|
Finder's
Fee:
|
N/A
|
N/A
|
N/A
|
The Company issued a news release on August
10, 2023 confirming closing of the private placement. Note
that in certain circumstances the Exchange may later extend the
expiry date of the warrants, if they are less than the maximum
permitted term.
________________________________________
THUNDERSTRUCK RESOURCES
LTD. ("AWE")
BULLETIN TYPE:
Property-Asset Purchase Agreement
BULLETIN DATE:
August 25, 2023
TSX Venture
Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with
respect to the arm's length acquisition to acquire a track-mounted
drill rig and related equipment that is located in Fiji.
|
CASH
($)
|
SECURITIES
|
WORK EXPENDITURES
(S)
|
|
CONSIDERATION
|
$ 125,000
USD
|
722,717 common
shares
722,717
warrants
|
N/A
|
Warrant Terms: Each warrant entitles holder to purchase one common
share at the price of $0.20USD for a
3 year-period.
For further details, please refer to the Company's news release
dated August 1, 2023.
________________________________________
TRAILBREAKER RESOURCES LTD. ("TBK")
BULLETIN
TYPE: Property-Asset or Share Purchase Amending
Agreement
BULLETIN DATE: August
25, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange ("Exchange") has accepted for filing
documentation the Addendum to Property Option Agreement dated
July 13, 2023 ("Addendum"), for the
Property Option Agreement dated July 15,
2022, ("Original Agreement"), between the Company and arm's
length parties (together with the Company, the "Parties").
Pursuant to the terms of the Addendum, the Parties have agreed
to settle the cash payment of $45,000, which was due in July 2023, through the issuance of 900,000 common
shares of the Company ("Shares") at a deemed price of $0.05 per Share. The Company or its assignees
have also been granted the right of first refusal to purchase the
Shares. All other terms of the Original Agreement remain
unchanged.
Insider / Pro Group Participation:
None
For further information, please refer to the Exchange bulletin
dated February 2, 2023, and the
Company's news releases dated September 7,
2022; February 2, 2023;
February 14, 2023; and August 14, 2023.
__________________________________
UCORE RARE METALS INC. ("UCU")
BULLETIN TYPE:
Shares for Bonuses
BULLETIN DATE: August 25, 2023
TSX Venture Tier 2
Company
TSX Venture Exchange has accepted for filing the Company's
proposal to issue 1,000,000 non-transferable bonus warrants, with
each warrant entitling the holder to acquire one common share of
the Company at $1.20 until
May 9, 2024, to a non-arm's length
party in consideration of a USD$1,000,000 Secured Credit Facility Agreement
dated May 9, 2023 (the "Credit
Facility"). The Credit Facility bears an interest rate of 10% per
annum and matures on December 31,
2023. An administrative loan origination fee equal to 1.5% of
the available Credit Facility will be paid at maturity.
For additional details, please refer to the Company's news
release dated May 10, 2023.
________________________________________
ULTRA LITHIUM INC. ("ULT")
BULLETIN TYPE:
Private Placement-Non-Brokered
BULLETIN DATE:
August 25, 2023
TSX Venture
Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced on
August 11, 2023, and August 14, 2023:
Number of
Shares:
18,181,819 common shares
Purchase
Price:
$0.055 per common share
Warrants:
9,090,910 share purchase warrants to purchase 9,090,910
shares
Warrant Exercise Price:
$0.11 in the first twelve months and
$0.25 in the second twelve months
from the date of issuance, subject to an accelerated expiry
Number of Placees:
5 placees
|
Insider / Pro Group
Participation:
|
|
|
|
|
|
|
Placees
|
# of Placee
(s)
|
Aggregate # of
Shares
|
|
|
|
|
Aggregate Existing
Insider Involvement:
|
N/A
|
N/A
|
|
Aggregate Pro Group
Involvement:
|
N/A
|
N/A
|
|
Aggregate Cash
Amount
|
Aggregate
#
of
Shares
|
Aggregate
#
of
Warrants
|
|
Finder's
Fee:
|
$ 30,000
|
545,455
|
N/A
|
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the
Company issued a news releases on August 11,
2023, and August 14, 2023,
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.
_________________________________________
VERTEX RESOURCE GROUP LTD. ("VTX")
BULLETIN
TYPE: Normal Course Issuer Bid
BULLETIN DATE:
August 25, 2023
TSX Venture
Tier 1 Company
TSX Venture Exchange has been advised by the Company that
pursuant to a Notice of Intention to make a Normal Course Issuer
Bid dated August 24, 2023, it may
repurchase for cancellation, up to 5,781,045 common shares in its
own capital stock. The purchases are to be made through the
facilities of the TSX Venture Exchange or other recognized
marketplaces during the period of August 30,
2023 to August 29, 2024.
Purchases pursuant to the bid will be made by Acumen Capital
Finance Partners Limited on behalf of the Company.
For more information, please refer to the Company's news release
dated August 25, 2023.
________________________________________
VICINITY MOTOR
CORP. ("VMC")
BULLETIN TYPE:
Shares for Services
BULLETIN DATE: August 25, 2023
TSX Venture Tier
2 Company
Pursuant to the Company's press release dated August 18, 2023, the TSX Venture Exchange has
accepted for filing the Company's proposal to issue an aggregate of
750,000 common share purchase warrants of the Company
("Warrants") at an exercise price of $1.68 per common share, in consideration of the
letter agreement dated September 8,
2022, and Amendment to Corporate Development Initiatives
Agreement dated June 30, 2023,
between the Company and an arm's length service provider. The
Warrants will expire 3 years from the date that the services became
payable (as scheduled below), and may not be exercised until 12
months into the respective term.
Number of Service Providers: 1
|
|
|
|
|
Period
Ending
|
Number of
Warrants
|
Exercise Price per
Warrant
|
Expiry Date of
Warrants
|
|
December 31,
2022
|
250,000
|
$1.68
|
December 31,
2025
|
|
March 31,
2023
|
250,000
|
$1.68
|
March 31,
2026
|
|
June 30,
2023
|
250,000
|
$1.68
|
June 30,
2026
|
The Company shall issue a news release when the Warrants are
issued.
________________________________________
WEST RED LAKE GOLD MINES
LTD. ("WRLG")
BULLETIN TYPE:
Shares for Debt
BULLETIN DATE: August 25, 2023
TSX Venture Tier
2 Company
Pursuant to the press release dated August 14, 2023, TSX Venture Exchange has
accepted for filing the Company's proposal to issue 2,400,000
common shares of the Company ("Shares") at a deemed price of
$0.70 per Share to settle a portion
of deferred considerations from the Fundamental Acquisition
announced April 17, 2023, and
June 19, 2023, for an amount of
$1,250,838 USD:
Number of
Creditors:
1 Creditor.
Non-Arm's Length Party /
Pro Group Participation:
|
Creditors
|
# of
Creditors
|
Amount
Owing
|
Deemed Price per
Share
|
# of
Shares
|
|
|
|
|
|
|
Aggregate Non-Arm's
Length Party Involvement:
|
1
|
$1,250,838
USD
|
$0.70
|
2,400,000
|
The Company will issue a news release to announce that the Shares
are issued and the portion of the debt is extinguished.
________________________________________
SOURCE TSX Venture Exchange
