VANCOUVER, BC, March 20,
2023 /CNW/ -
TSX VENTURE COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN
DATE: March 20,
2023
TSX Venture Company
A Cease Trade Order has been issued by the British
Columbia Securities Commission on March
17, 2023 against the following company indicated within
the required time period:
|
Symbol
|
Tier
|
Company
|
Failure to
File
|
Period
Ending
(Y/M/D)
|
|
MLY
|
2
|
Multi-Metal Development
Ltd.
|
A Material Change
Report and news
release for their first time disclosure of
mineral reserves, as required to be filed
under section 7.1 of National Instrument
51-102 Continuous Disclosure Obligations.
|
2023/03/17
|
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.
________________________________________
ALASKA ENERGY METALS
CORPORATION ("AEMC")
[formerly
Millrock Resources
Inc. ("MRO")]
BULLETIN TYPE:
Name Change and Consolidation
BULLETIN DATE:
March 20, 2023April 11, 2012
TSX Venture Tier
2 Company
Pursuant to a resolution passed by directors dated March 1, 2023, the Company has consolidated its
capital on a (10) ten old for (1) one new basis.
The name of the Company has also been changed as follows.
Effective at the opening March 22,
2023, the common shares of Alaska Energy Metals
Corporation will commence trading on TSX Venture Exchange, and
the common shares of Millrock Resources Inc. will be
delisted. The Company is classified as a "Mineral Exploration
and Development" company.
|
Post –
Consolidation
|
|
|
Capitalization:
|
Unlimited shares
with no par value of which
|
|
15,617,239 shares
are issued and outstanding
|
|
Escrow:
|
N/A
|
|
|
|
Transfer
Agent:
|
Computershare Investor
Services Inc.
|
|
Trading
Symbol:
|
AEMC
New
|
|
CUSIP
Number:
|
01169F101
New
|
________________________________________
AM RESOURCES CORP. ("AMR")
BULLETIN TYPE:
Reinstated for Trading
BULLETIN DATE: March 20, 2023
TSX Venture Tier 2
Company
Further to the TSX Venture Exchange Bulletin dated August 4, 2022, the Exchange has been advised
that the Cease Trade Order issued by the Quebec Securities
Commission dated August 3, 2022, has
been revoked.
Effective at the opening, Wednesday,
March 22, 2023, trading will be reinstated in the
securities of the Company.
AM RESOURCES CORP. (« AMR » ou la « Société »)
TYPE
DE BULLETIN : Réadmission à la cote
DATE DU
BULLETIN : 20 mars 2023
Bourse de croissance TSX –
Société de groupe 2
Comme suite au bulletin de la Bourse de croissance TSX daté du 4
août 2022, la Bourse a été informée de la révocation de
l'interdiction d'opérations prononcée par l'Autorité des marchés
financiers du Québec le 3 août 2022.
Dès l'ouverture de la séance du mercredi 22 mars 2023, la
négociation des titres de la Société sera rétablie.
________________________________________
HELIOSTAR METALS LTD. ("HSTR")
BULLETIN TYPE:
Resume Trading, Reviewable Transaction-Announced
BULLETIN
DATE: March 20, 2023
TSX
Venture Tier 2 Company
Effective at the open, Wednesday, March 22, 2023
trading in the Company's shares will resume.
This resumption of trading does not constitute acceptance of the
Reviewable Transaction announced December 5,
2022, and March 17, 2023 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.
________________________________________
23/03/20 - TSX
Venture Exchange Bulletins
TSX VENTURE COMPANIES
ALIANZA MINERALS
LTD. ("ANZ")
BULLETIN TYPE:
Miscellaneous
BULLETIN DATE: March
20, 2023
TSX Venture Tier
2 Company
TSX Venture Exchange has accepted the Company's warrant
incentive program (the "Warrant Incentive Program) designed to
encourage the exercise of existing warrants of the Company.
Each warrant entitled the holder to acquire one common share
at a price of $0.05 per share to
March 15, 2023
Pursuant to the Warrant Incentive Program, each of the holders
of warrants that exercised warrants during an early exercise period
(the "Early Exercise Period") received an additional warrant
entitling such holder to acquire one common share of the
Company at a price of 0.10 per share for a two-year
period.
The Early Exercise Period commenced on February 15,
2023, and expired on March 15, 2023.
In connection with the Warrant Incentive Program, a total of
439,300 warrants were exercised, providing gross proceeds of
$21,965.00 to the Company and
resulting in the Company issuing 439,300 Common Shares and
439,300 Incentive Warrants as follows:
|
Number of shares issued
upon exercise of existing warrants:
|
439,300 common
shares
|
|
|
|
Purchase Price
(exercise price of the existing warrants):
|
$0.05 per common
share
|
|
|
|
Incentive
Warrants:
|
439,300 share purchase
warrants to purchase 439,300 shares
|
|
|
|
Incentive Warrant
Exercise Price:
|
at a price of $0.10 per
share until March 10, 2025
|
|
|
|
Number of
Placees:
|
1 Placee
|
All warrants that were not exercised under the Warrant Incentive
Program expired on March 15,
2023. For further details, please refer to the Company's news
releases dated March 17, 2023.
________________________________________
CIELO WASTE SOLUTIONS CORP. ("CMC")
BULLETIN
TYPE: Shares for Debt
BULLETIN DATE:
March 20, 2023
TSX Venture
Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's
proposal to issue 64,285,714 common shares at a deemed price of
$0.07 per common share and 64,285,714
share purchase warrants to settle outstanding debt for $4,500,000 from a previously issued mortgage
loan.
Number of
Creditors:
1 Creditor
|
Non-Arm's Length Party
/ Pro Group Participation: N/A
|
|
Warrants:
|
64,285,714 share
purchase warrants to purchase 64,285,714 shares
|
|
|
|
Warrant Exercise
Price:
|
$0.125 for a three-year
period
|
The Company shall issue a news release when the shares are issued
and the debt extinguished.
________________________________________
MKANGO RESOURCES LTD. ("MKA")
BULLETIN TYPE:
Property-Asset or Share Disposition Agreement
BULLETIN
DATE: March 20,
2023
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation
with respect to the Subscription Agreement and Convertible Loan
Agreement both dated February 1,
2023, as well as, the Shareholders' Agreement, and
Cooperation Agreement dated March 15,
2023 (the "Agreements") between the Company ("Mkango"),
Maginito Limited ("Maginito", a wholly owned subsidiary of Mkango)
and an arm's length party (the "Purchaser"). Pursuant to the
terms of the Agreements, the Purchaser will acquire 10% interest in
Maginito Limited for 1,500,000 pound-sterling (approximately
CDN$2,500,000). Under the
2,000,000 pound-sterling (approximately CDN$3,300,000) Convertible Loan, the Purchaser
has the right to either convert the Convertible Loan into Mkango
shares at 27 pence per share or into
10.6% interest in Maginito shares. If the Purchaser chooses the
option to convert the loan into Maginito shares, the Purchaser will
hold a 20.6% interest in Maginito.
For further details, please refer to the Company's news release
dated March 16, 2023.
________________________________________
OPHIR GOLD
CORP. ("OPHR")
BULLETIN TYPE:
Property-Asset or Share Purchase Agreement
BULLETIN
DATE: March 20,
2023
TSX Venture Tier
2 Company
TSX Venture Exchange has accepted for filing documentation of a
Purchase and Sale Agreement (the "Agreement") dated March 06, 2023, between the arm's length party
(the "Vendor") and Ophir Gold Corp. (the "Company").
Pursuant to the agreement, the company will acquire a 100-per-cent
interest in 3 mining claims located in James Bay, in Quebec.
Under the terms of the Agreement, the Company will earn a 100%
interest in the properties by issuing 225,000 common shares to the
Vendor. In addition, the vendor will retain a 2-per-cent net
smelter return royalty (NSR) on the claims, while the company shall
have the option to purchase back three-quarters of the NSR, thereby
reducing it to 0.5 percent, for $ 1.5
million.
For further details, please refer to the Company's news releases
dated March 07, 2023.
________________________________________
REGEN III CORP. ("GIII")
BULLETIN TYPE:
Private Placement-Non-Brokered
BULLETIN DATE:
March 20, 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 3, 2023:
|
Number of
Shares:
|
3,692,502
units
|
|
|
|
Purchase
Price:
|
$0.75 per
unit
|
|
|
|
Warrants:
|
1,846,250 share
purchase warrants to purchase 1,846,250 shares
|
|
|
|
Warrant Exercise
Price:
|
$1.25 for a two-year
period
|
|
|
|
Number of
Placees:
|
11 Placees
|
|
Insider / Pro Group
Participation:
|
|
|
|
|
|
|
Placees
|
# of Placee
(s)
|
Aggregate # of
Units
|
|
|
|
|
Aggregate Existing
Insider Involvement:
|
1
|
1,333,500
|
|
Aggregate Pro Group
Involvement:
|
N/A
|
N/A
|
|
Aggregate Cash
Amount
|
Aggregate
#
of
Shares
|
Aggregate
#
of
Warrants
|
|
Finder's
Fee:
|
$3,330
|
N/A
|
N/A
|
Finder's Warrants
Terms:
N/A
The Company issued a news release on March 16, 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.
________________________________________
RUGBY RESOURCES
LTD. ("RUG")
BULLETIN TYPE:
Private Placement-Non-Brokered
BULLETIN DATE:
March 20, 2023
TSX Venture
Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced on
February 10, 2023:
|
Number of
Shares:
|
18,436,614
shares
|
|
|
|
Purchase
Price:
|
$0.07 per
share
|
|
|
|
Warrants:
|
18,436,614 share
purchase warrants to purchase 18,436,614 shares
|
|
|
|
Warrant Exercise
Price:
|
$0.18 for a two year
period
|
|
|
|
Number of
Placees:
|
45 Placees
|
|
Insider / Pro Group
Participation:
|
|
|
|
|
|
|
Placees
|
# of Placee
(s)
|
Aggregate # of
Shares
|
|
|
|
|
Aggregate Existing
Insider Involvement:
|
3
|
2,500,000
|
|
Aggregate Pro Group
Involvement:
|
4
|
2,150,000
|
|
Aggregate Cash
Amount
|
Aggregate
#
of
Shares
|
Aggregate
#
of
Warrants
|
|
Finder's
Fee:
|
$21,172
|
N/A
|
N/A
|
The Company issued a news release on March
20, 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.]
________________________________________
TOTAL HELIUM LTD. ("TOH") ("TOH.W")
BULLETIN
TYPE: Halt
BULLETIN DATE: March 20, 2023
TSX Venture Tier
2 Company
Effective at 4:57 a.m. PST, March
20, 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.
________________________________________
TUKTU RESOURCES LTD. ("TUK")
BULLETIN TYPE:
Property-Asset or Share Purchase Agreement
BULLETIN
DATE: March 20,
2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation
relating to an agreement of purchase and sale (the "Agreement")
dated December 8, 2022 between the
Company and an arm's length party ("Vendor"). Pursuant to the
terms of the Agreement, the Company will acquire certain oil and
gas assets (the "Assets") in the Pincher
Creek area of Alberta from
the Vendor.
As total consideration, the Company will issue 10,000,000 Units,
at a deemed price of $0.12 per Unit.
Each Unit consists of one common share of the Company ("Common
Share") and one common share purchase warrant ("Warrant"). The
Warrants will be exercisable at $0.30
per Common Share for a period of three years from the closing date
of the acquisition.
For further information, refer to the Company's news release
dated December 8, 2022 and
March 20, 2023.
________________________________________
YORK HARBOUR METALS INC.
("YORK'')
BULLETIN TYPE: Warrant Term
Extension
BULLETIN DATE: March 20,
2023
TSX Venture Tier 2 Company
Pursuant to the Company's press release dated March 17, 2023, TSX Venture Exchange has accepted
an amendment to the 2,500,000 common share purchase warrants
("Warrants") originally issued pursuant to the non-brokered private
placement announced on March 24,
2021:
|
Number of Amended
Warrants:
|
2,500,000
|
|
Original Expiry
Date:
|
March 31,
2023
|
|
New Expiry
Date:
|
April 1,
2024
|
All other terms of the Warrants remain unchanged.
________________________________________
NEX COMPANY
PURE GOLD MINING
INC. ("PGM.H")
BULLETIN TYPE:
Halt
BULLETIN DATE: March 20, 2023
NEX Company
Effective at 5:41 a.m. PST, March
20, 2023, trading in the shares of the Company was halted,
Pending Company Contact; 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.
________________________________________
SOURCE TSX Venture Exchange