VANCOUVER, BC, May 12, 2023
/CNW/ -
TSX VENTURE COMPANIES
BULLETIN TYPE:
Cease Trade Order
BULLETIN DATE: May 12, 2023
TSX Venture
Company
A Cease Trade Order has been issued by the British
Columbia Securities Commission on May
11, 2023 against the following company for failing to
file the documents indicated within the required time period:
|
Symbol
|
Tier
|
Company
|
Failure to
File
|
Period
Ending
(Y/M/D)
|
|
TTD
|
2
|
Tinkerine Studios
Ltd.
|
Annual audited
financial statements for the year.
Annual management's
discussion and analysis for the year.
Certification of annual
filings for the year.
|
2022/12/31
2022/12/31
2022/12/31
|
Upon revocation of the Cease Trade Order, the Company's
shares will remain suspended until the Company meets TSX Venture
Exchange requirements. Members are prohibited from trading in
the securities of the companies during the period of the suspension
or until further notice.
________________________________________
ANKH II CAPITAL INC. ("AUNK.P")
BULLETIN
TYPE: Resume Trading
BULLETIN DATE:
May 12, 2023
TSX Venture
Tier 2 Company
Further to the Exchange's Bulletin dated May 10, 2023, the Company has submitted to the
Exchange acceptable documentation respecting its Capital Pool
Company listing.
Effective at the opening, Tuesday, May
16, 2023, shares of the Company will resume trading.
________________________________________
ELECTRIC METALS (USA)
LIMITED ("EML")
[formerly Nevada
Silver Corporation ("NSC")]
BULLETIN
TYPE: Name Change
BULLETIN DATE: May 12, 2023
TSX Venture Tier
2 Company
Pursuant to a resolution passed by shareholders May 4, 2023, the Company has changed its name as
follows. There is no consolidation of capital.
Effective at the opening May 16,
2023, the common shares of Electric Metals (USA) Limited will commence trading on TSX
Venture Exchange, and the common shares of Nevada Silver
Corporation will be delisted. The Company is classified
as a 'Other Support Activities for Mining (Non-Oil & Gas)'
company.
|
Capitalization:
|
unlimited shares
with no par value of which
|
|
100,458,056
shares are issued and outstanding
|
|
Escrow:
|
10,784,933
shares
|
|
Transfer
Agent:
|
TSX Trust
Company
|
|
Trading
Symbol:
|
EML
(new)
|
|
CUSIP
Number:
|
28489D102
(new)
|
________________________________________
HIGH MOUNTAIN 2 CAPITAL CORPORATION
("HMCC.P")
BULLETIN TYPE: Resume
Trading
BULLETIN DATE: May 12,
2023
TSX Venture Tier 2 Company
Effective at the opening, Tuesday, May
16, 2023, the securities of High Mountain 2 Capital
Corporation (the "Company") will resume trading. Further to
the Exchange Bulletin dated September 28,
2022, a news release was issued on April 28, 2023, announcing that the Company will
not be proceeding with its proposed transaction. The
transaction contemplated would have constituted a Qualifying
Transaction as defined under Exchange Policy 2.4.
________________________________________
LION ONE METALS LIMITED ("LIO") ("LIO.WT")
BULLETIN
TYPE: Prospectus-Unit Offering, Private Placement-Brokered, New
Listing-Warrants
BULLETIN DATE: May 12, 2023
TSX Venture Tier 1
Company
Effective May 11, 2023, the
Company's Unit Offering filed pursuant to the Prospectus Supplement
dated May 05, 2023, to the Short Form
Base Shelf Prospectus dated May 13,
2022, was filed with and accepted by TSX Venture
Exchange. The Short Form Base Shelf Prospectus was filed
with the British Columbia Securities Commission and the
authorities of all provinces except Quebec.
TSX Venture Exchange has been advised that closing occurred on
May 11, 2023, for gross proceeds of
$27,002,000 (the
"Offering").
|
Underwriters:
|
Eight Capital,
Canaccord Genuity Corp., Raymond James Ltd. and Roth Canada
Inc.
|
|
Offering:
|
28,742,500 units. Each
unit consists of one common share in the capital of the company and
one-half of one common share purchase warrant.
|
|
Unit Price:
|
$0.92 per
unit
|
|
Warrant Exercise
Price/Term:
|
$1.25 per share/30
months
|
|
Underwriters'
Warrants:
|
1,718,550
non-transferable warrants exercisable to purchase one share at
$0.92 per share for a period of 30 months.
|
|
Over-allotment
Option:
|
NIL
|
Private Placement-Brokered
TSX Venture Exchange has accepted for filing documentation with
respect to a Brokered Private Placement announced on May 05, 2023, completed concurrently with the
offering and on the same terms:
|
Number of
Shares:
|
607,500 Common
Shares
|
|
Purchase
Price:
|
$0.92 per
Share
|
|
Warrant:
|
303,750 share purchase
warrants to purchase 303,750 shares
|
|
Warrant Purchase
Price:
|
$ 1.25 for 30 months
from the date of issuance.
|
|
Number of
Placees:
|
4 Placees
|
|
Insider / Pro Group
Participation:
|
N/A
|
|
Agent's Fee
|
Eight Capital Corp.
21,870 Compensation Options, Canaccord Genuity Corp.– 7,290
Compensation Options , Raymond James Ltd. – 3,645
Compensation Options, Roth Capital Inc – 3,645 Compensation
Options. Compensation Options are exercisable to purchase one share
at $0.92 per share for a period of 30 months.
|
|
Agents Cash
Component
|
Eight Capital Corp-
$21,320.40, Canaccord Genuity Corp.-$7,106.80 Raymond James Ltd. -
$3,553.40, Roth Capital Inc.- $3,553.40
|
|
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 May 11,
2023, announcing the closing of the private placement
concurrently with the Offering.
New Listing - Warrants
Effective at the opening on May 15,
2023, the common share purchase warrants of the
Company will commence trading on TSX Venture Exchange. The
Company is classified as a 'Mining' company.
|
Corporate
Jurisdiction:
|
British
Columbia
|
|
Capitalization:
|
16,876,250
warrants, authorized by a warrant indenture dated May 11,
2023, and a first supplement indenture dated May 05, 2023, of which
14,675,000 warrants are issued and outstanding
|
|
Transfer
Agent:
|
Computershare Trust
Company Of Canada
|
|
Trading
Symbol:
|
LIO.WT
|
|
CUSIP
Number:
|
536216153
|
Each Warrant entitles the holder to purchase one common share of
the Company at a price of $ 1.25 per
share and will expire at 5:00 pm
(Vancouver time) on November 11, 2025.
The underlying Warrants are governed by the terms and conditions
of the Warrant Indenture dated May 11,
2023, and were issued pursuant to the offering noted
above.
For further details, please refer to the Company's supplement
dated May 05, 2023, filed on SEDAR
and the Company's news releases dated May
03, 2023, and May 11,
2023.
________________________________________
23/05/12 - TSX
Venture Exchange Bulletins
TSX VENTURE COMPANIES
A.I.S. RESOURCES LIMITED ("AIS")
BULLETIN TYPE: Warrant Term Extension
BULLETIN
DATE: May 12,
2023
TSX Venture Tier
2 Company
TSX Venture Exchange has consented to the extension of the
expiry date of the following warrants:
Private Placement:
# of Warrants: 16,240,000
Original Expiry Date of Warrants: May 9,
2023
New Expiry Date of Warrants: May 9,
2024
Exercise Price of Warrants: $0.05
These warrants were issued pursuant to a private placement of
16,240,000 shares with 16,240,000 share purchase
warrants attached, which was accepted for filing by the Exchange
effective May 9, 2022.
________________________________________
BCM RESOURCES CORPORATION ("B")
BULLETIN
TYPE: Private Placement-Non-Brokered
BULLETIN
DATE: May 12,
2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced on
March 21, 2023:
|
Number of
Shares:
|
10,873,468
shares
|
|
Purchase
Price:
|
$0.25 per
share
|
|
Warrants:
|
10,873,468 share
purchase warrants to purchase 10,873,468 shares
|
|
Warrant Exercise
Price:
|
$0.33 for a one-year
period
|
|
Number of
Placees:
|
15 placees
|
Insider / Pro Group Participation:
|
Placees
|
# of Placee
(s)
|
Aggregate # of
Shares
|
|
|
|
|
Aggregate Existing
Insider Involvement:
|
1
|
264,779
|
|
Aggregate Pro Group
Involvement:
|
N/A
|
N/A
|
The Company issued a news release on May 11, 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.
________________________________________
EMERITA RESOURCES CORP. ("EMO")
BULLETIN
TYPE: Warrant Term Extension
BULLETIN DATE:
May 12, 2023
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:
|
7,847,150
|
|
Original Expiry Date of
Warrants:
|
July 15,
2023
|
|
New Expiry Date of
Warrants:
|
January 15,
2024
|
|
Exercise Price of
Warrants:
|
$1.50
|
These warrants were issued pursuant to a private placement of
18,182,500 shares with 9,091,250 share purchase warrants
attached, which was accepted for filing by the Exchange effective
July 19, 2021.
________________________________________
KDA GROUP INC. ("KDA")
BULLETIN TYPE:
Property-Asset or Share Disposition Agreement
BULLETIN DATE: May 12, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation a
Share Purchase Agreement and an Asset Purchase Agreement dated
March 27, 2023 (the "Agreements"), as
amended on April 14 and 28, 2023,
between KDA Group Inc. (the "Company") and arm's length parties.
Pursuant to the terms of the Agreements, effective on May 1, 2023, the Company has disposed of its
business of placement agency for pharmacists and pharmacy technical
assistants for a total consideration of $10,200,000 of which $9,000,000 was received cash at closing and
deferred payments of $400,000
receivable within 18 months and $800,000 receivable within 36 months.
For further information, please refer to the Company's news
release dated May 4, 2023.
GROUPE KDA INC. (« KDA »)
TYPE DE
BULLETIN : Convention de vente d'actifs ou
d'actions
DATE DU BULLETIN : Le 12 mai 2023
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation
d'une convention d'achat d'actions et d'une convention d'achat
d'actifs datées du 27 mars 2023 (les « Conventions »),
tel que modifiées les 14 et 28 avril 2023, entre Groupe KDA inc.
(la « Société ») et des personnes sans lien de
dépendance. Conformément aux termes des Conventions ayant une date
de prise d'effet du 1er mai 2023, la Société a cédé ses
activités d'agence de placement de pharmaciens et d'assistants
techniques en pharmacie pour une contrepartie totale de
10 200 000 $ dont 9 000 000 $ ont été
reçus en espèces à la clôture ainsi que des paiements reportés de
400 000 $ encaissable dans les 18 mois et de
800 000 $ encaissable dans les 36 mois.
Pour plus d'information, veuillez-vous référer au communiqué de
presse émis par la Société le 4 mai 2023.
______________________________________________
MINEHUB TECHNOLOGIES INC. ("MHUB")
BULLETIN
TYPE: Property-Asset or Share Purchase
Agreement
BULLETIN DATE: May
12, 2023
TSX Venture Tier 2
Company
TSX Venture Exchange has accepted for filing documentation with
respect to the arm's length acquisition or assignment of certain
operational assets, intellectual property, contracts and accounts
receivable of an arm's length seller pursuant to a purchase
agreement dated March 1, 2023 between
the Company, the Company's wholly-owned subsidiary and an arm's
length seller.
|
CASH
($)
|
SECURITIES
|
WORK EXPENDITURES
(S)
|
|
CONSIDERATION
|
N/A
|
8,176,634 Common
Shares
|
N/A
|
For further details, please refer to the Company's news releases
dated March 2 and 10, 2023.
________________________________________
NORTHSTAR GAMING HOLDINGS INC. ("BET")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 12, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with
respect to the Company's arm's length acquisition of 100% of
Slapshot Media Inc. ("Slapshot"). The Company has acquired
Slapshot for a consideration of $2,600,000, payable as follows:
- $2,100,000 paid by the issuance
of 3,818,181 common shares at a deemed value of $0.55 on the closing date. [Issued].
- An earn-out payment of up to C$500,000 based on revenue performance of
Slapshot, payable on a quarterly basis over 1 year following the
closing, in common shares with a deemed value per share equal to
the greater of: (i) a 20-day volume weighted average price
calculated at the end of each applicable quarter; and (ii)
$0.45 per share. [Maximum 1,111,111
common shares issuable].
Please refer to the Company's press releases dated April 25 and May 8,
2023.
__________________________________________________
ORFORD MINING
CORPORATION ("ORM")
BULLETIN
TYPE: Halt
BULLETIN DATE: May 12, 2023
TSX Venture Tier 2
Company
Effective at 5:30 a.m. PST, May 12,
2023, trading in the shares of the Company was halted,
pending news; this regulatory halt is imposed by Investment
Industry Regulatory Organization of Canada, the Market Regulator of the Exchange
pursuant to the provisions of Section 10.9(1) of the Universal
Market Integrity Rules.
________________________________________
ORFORD MINING
CORPORATION ("ORM")
BULLETIN
TYPE: Resume Trading
BULLETIN DATE:
May 12, 2023
TSX Venture
Tier 2 Company
Effective at 7:00 a.m. PST, May 12,
2023, shares of the Company resumed trading, an announcement
having been made.
________________________________________
OSISKO METALS INCORPORATED ("OM")
BULLETIN
TYPE: Property-Asset or Share Disposition Agreement; Private
Placement-Non-Brokered
BULLETIN DATE: May 12, 2023
TSX Venture Tier
1 Company
Property-Asset or Share Disposition Agreement
TSX Venture Exchange has accepted for filing a disposition
of up to 60% interest in Pine Point Mining Limited, a wholly-owned
subsidiary of the Company (the "Subsidiary") pursuant to an
Investment Agreement (the "Agreement") whereby a joint venture will
be formed between the Company and an arm's length party (the
"Purchaser"). The Subsidiary is an owner of the Pine Point Project
located on the south shore of Great Slave Lake in the Northwest Territories (the "Property").
Pursuant to the terms of the Agreement, the Purchaser may invest
up to $100,000,000 over an estimated
four-year period. At the time of closing, the Purchaser agreed to
purchase class B shares of the Subsidiary held by the Company,
which class B shares will have been issued to the Company in
exchange for class A shares of the Subsidiary owned by the Company
on a 1:1 basis, for a purchase price equal to $8,300,000. Also at the time of closing, the
Purchaser agreed to purchase such number of class B shares of the
Subsidiary for a purchase price equal to $13,100,000.
At closing, the Purchaser owned 25.3% of the Subsidiary.
Subsequent to the closing of the transaction, and until the
Purchaser has acquired an ownership interest of 60% in the
Subsidiary or until a final investment decision has been reached,
all financing will be made by way of cash calls issued by the board
of the Subsidiary to the Purchaser, the quantum and speed of which
are determined at the sole discretion of the board of directors of
the Subsidiary.
For further details, please refer to the Company's news releases
dated February 22, 2023, March 17, 2023 and April
6, 2023.
Private Placement-Non-Brokered
TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced on
February 22, 2023:
|
Number of
Shares:
|
20,153,164
shares
|
|
Purchase
Price:
|
$0.2481 per
share
|
|
Number of
Placees:
|
1 placee
|
|
Insider / Pro Group
Participation: N/A
|
|
|
The Company issued a news release on April
6, 2023 confirming the closing of the private placement.
__________________________________________
SOUTHERN SILVER EXPLORATION CORP.
("SSV")
BULLETIN TYPE: Warrant Term
Extension
BULLETIN DATE: May
12, 2023
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: 9,000,000
Original Expiry Date of
Warrants: June 16, 2023
New Expiry Date of Warrants: June 16,
2026
Exercise Price of Warrants: $0.75
These warrants were issued pursuant to a private placement of
18,000,000 shares with 9,000,000 share purchase warrants
attached, which was accepted for filing by the Exchange effective
June 24, 2021.
________________________________________
SOUTHERN SILVER EXPLORATION CORP.
("SSV")
BULLETIN TYPE: Warrant Term
Extension
BULLETIN DATE: May
12, 2023
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: 1,200,000
Original Expiry Date of
Warrants: September 11,
2023
New Expiry Date of Warrants: September 11,
2025
Exercise Price of Warrants: $0.50
These warrants were issued pursuant to a private placement of
1,200,000 shares with 1,200,000 share purchase warrants
attached, which was accepted for filing by the Exchange effective
September 15, 2020.
________________________________________
SOUTHERN SILVER EXPLORATION CORP.
("SSV")
BULLETIN TYPE: Warrant Term
Extension
BULLETIN DATE: May
12, 2023
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: 8,502,977
Original Expiry Date of
Warrants: August 14,
2023
New Expiry Date of Warrants: August
14, 2025
Exercise Price of Warrants: $0.38
These warrants were issued pursuant to a private placement of
19,047,620 subscription receipts, which was accepted for filing by
the Exchange effective September 4,
2020. These 19,047,620 subscription receipts were
subsequently converted into 19,047,620 shares, with 9,523,810 share
purchase warrants attached.
________________________________________
SOUTHERN SILVER EXPLORATION CORP.
("SSV")
BULLETIN TYPE: Warrant Term
Extension
BULLETIN DATE: May
12, 2023
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: 3,000,000
Original Expiry
Date of Warrants: June 21,
2023
New Expiry Date of Warrants: June 26, 2026
Exercise Price of Warrants: $0.75
These warrants were issued pursuant to a private placement of
6,000,000 shares with 3,000,000 share purchase warrants
attached, which was accepted for filing by the Exchange effective
June 23, 2021.
________________________________________
ULTRA LITHIUM INC.
("ULT")
BULLETIN TYPE:
Halt
BULLETIN DATE: May 12, 2023
TSX Venture Tier
2 Company
Effective at 6:30 a.m. PST, May 12,
2023, trading in the shares of the Company was halted,
pending news; this regulatory halt is imposed by Investment
Industry Regulatory Organization of Canada, the Market Regulator of the Exchange
pursuant to the provisions of Section 10.9(1) of the Universal
Market Integrity Rules.
________________________________________
VIP ENTERTAINMENT TECHNOLOGIES INC.
("VIP")
BULLETIN TYPE: Private
Placement-Non-Brokered
BULLETIN DATE: May 12, 2023
TSX Venture Tier 2
Company
TSX Venture Exchange has accepted for filing documentation
with respect to a Non-Brokered Private Placement announced on
March 6, 2023 and April 5, 2023:
|
Number of
Shares:
|
2,550,800
units
|
|
Purchase
Price:
|
$0.25 per
unit
|
|
Warrants:
|
1,275,400 share
purchase warrants to purchase 1,275,400 shares
|
|
Warrant Exercise
Price:
|
$0.50 for a two year
period
|
|
Number of
Placees:
|
30 placees
|
|
Insider / Pro Group
Participation:
|
|
|
|
|
|
|
Placees
|
# of Placee
(s)
|
Aggregate # of
Units
|
|
|
|
|
Aggregate Existing
Insider Involvement:
|
6
|
378,000
|
|
Aggregate Pro Group
Involvement:
|
N/A
|
N/A
|
|
Aggregate Cash
Amount
|
Aggregate
#
of
Shares
|
Aggregate
#
of
Warrants
|
|
Finder's
Fee:
|
$5,400
|
N/A
|
21,600
|
Finder's Warrants
Terms:
Each Finder's Warrant entitles the holder to purchase one unit of
the Company at $0.25 per unit. Each
unit consists of one common share and one-half of one share
purchase warrant exercisable at $0.50
for a period of 2 years from the date of issuance.
The Company issued a news release on May
11, 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.
________________________________________
ZACATECAS SILVER CORP.
("ZAC")
BULLETIN TYPE: Private Placement –
Non-Brokered
BULLETIN DATE: May 12, 2023
TSX Venture Tier 2
Company
TSX Venture Exchange has accepted for filing documentation
with respect to a Non-Brokered Private Placement announced
April 21, 2023:
|
Number of
Shares:
|
7,809,502 common share
units ("Units"), each Unit consisting of one common share in the
capital of the Company ("Share") and one Share purchase warrant
("Warrant").
|
|
Purchase
Price:
|
$0.45 per
Unit.
|
|
Warrants:
|
7,809,502 whole
Warrants to purchase 7,809,502 Shares.
|
|
Warrant
Price:
|
$0.55 exercisable for a
period of three years from the date of issuance.
|
|
Number of
Placees:
|
35 placees.
|
|
Insider / Pro Group
Participation:
|
|
|
|
Insider= Y /
|
|
|
Name
|
Pro Group= P
|
Number of
Units
|
|
Aggregate Existing
Insider Involvement:
|
|
|
|
[4 Existing
Insiders]
|
Y
|
492,223
|
|
Aggregate Pro Group
Involvement:
|
N/A
|
N/A
|
|
Aggregate Cash
Amount
|
Aggregate
#
of
Shares
|
Aggregate
#
of Finder
Warrants
|
|
Finder's
Fee:
|
$61,967.56
|
N/A
|
137,706
|
Finder Warrants are exercisable at $0.45 per Finder Share for a period of 24 months
from the date of issuance.
The Company issued a news release on May
11, 2023, confirming the 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.
__________________________________
SOURCE TSX Venture Exchange
