VANCOUVER, BC, Oct. 20,
2023 /CNW/ -
TSX VENTURE COMPANIES
SHINE BOX CAPITAL CORP. ("RENT.P")
BULLETIN TYPE:
Resume Trading
BULLETIN DATE: October 20, 2023
TSX Venture Tier 2
Company
Effective at the opening, Tuesday,
October 24, 2023, the securities of Shine Box Capital
Corp., (the "Company") will resume trading. Further to the
Exchange Bulletin dated June 16,
2021, a news release was issued on September 5, 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.
________________________________________
XPLORE RESOURCES CORP. ("XPLR")
BULLETIN
TYPE: Consolidation
BULLETIN DATE: October 20, 2023
TSX Venture
Tier 2 Company
Pursuant to a resolution passed by directors on September 12, 2023, the Company has consolidated
its capital on a (2.5) old for (1) new basis. The name of the
Company has not been changed.
Effective at the opening, Tuesday, October 24, 2023, the common shares of
Xplore Resources Corp. will commence trading on TSX Venture
Exchange on a consolidated basis. The Company is classified as
a 'Copper and Zinc Mining' company.
Post -
Consolidation
|
|
Capitalization:
|
Unlimited
|
shares with no par
value of which
|
|
15,681,505
|
shares are issued and
outstanding
|
Escrow
|
Nil
|
shares are subject to
escrow
|
|
|
Transfer Agent:
|
Computershare Investor
Service Inc.
|
Trading Symbol:
|
XPLR
|
(UNCHANGED)
|
CUSIP Number:
|
98421G208
|
(New)
|
________________________________________
23/10/20 - TSX Venture
Exchange Bulletins
TSX VENTURE COMPANIES
ABCOURT MINES INC. ("ABI")
BULLETIN
TYPE: Shares for Debt
BULLETIN DATE:
October 20, 2023
TSX
Venture Tier 2 Company
TSX Venture Exchange has accepted for filing Abcourt Mines
Inc.'s (the "Company") proposal to issue 2,166,506 common shares
and 2,166,506 warrants to settle outstanding debt of $86,660.23.
Number of Creditors: 1 Creditor
Non-Arm's Length Party
/
|
|
Pro Group
Participation:
|
Nil
|
|
|
Warrants:
|
2,166,506 warrants to
purchase 2,166,506 common shares
|
|
|
Warrant Exercise
Price:
|
$0.05 per share for a
period of 36 months
|
For more information, please refer to the Company's news release
dated October 12, 2023.
MINES ABCOURT INC. (« ABI »)
TYPE DE
BULLETIN : Émission d'actions en règlement d'une
dette
DATE DU BULLETIN : 20 octobre
2023
Société du groupe 2 de Bourse de Croissance
TSX
Bourse de Croissance TSX a accepté le dépôt de la documentation
de Mines Abcourt Inc. (« la société ») en vertu de l'émission
proposée de 2 166 506 actions ordinaires et 2 166 506 bons de
souscription, en règlement d'un montant de dette total de 86 660,23
$.
Nombre de créanciers : 1 créancier
Participation de
personnes
|
|
ayant un lien de
dépendance /
|
|
Groupe Pro :
|
Aucune
|
|
|
Bons de souscription
:
|
2 166 506 bons de
souscription permettant de souscrire à 2 166 506 actions
ordinaires
|
|
|
Prix d'exercice des
bons :
|
0,05 $ par action pour
une période de 36 mois
|
Pour plus d'informations, veuillez-vous référer au communiqué de
presse émis par la société le 12 octobre 2023.
________________________________________
AWALE RESOURCES LIMITED ("ARIC")
BULLETIN
TYPE: Shares for Debt
BULLETIN DATE:
October 20, 2023
TSX
Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's
proposal to issue 3,978,880 shares (the "Shares") to settle
outstanding debt for $477,465.90.
Number of Creditors: 10 Creditors
Non-Arm's Length Party / Pro Group Participation:
|
|
|
|
|
|
Creditors
|
# of
Creditors
|
Amount
Owing
|
Deemed
Price
per
Share
|
Aggregate #
of
Shares
|
|
|
|
|
|
Aggregate Non-Arm's
Length Party Involvement:
|
8
|
$454,815.90
|
$0.12
|
3,790,130
|
Aggregate Pro Group
Involvement:
|
N/A
|
N/A
|
N/A
|
N/A
|
Of the 3,978,880 shares, the Company obtained
disinterested shareholder approval for the issuance of
1,812,230 shares at its Annual General Meeting held on September 6, 2023. The Company announced its
proposal to issue the Shares in a news release, dated May 16, 2023, May 24,
2023 and September 20, 2023
and shall issue a news release when the Shares have been issued and
the debt extinguished.
________________________________________
CEYLON GRAPHITE
CORP. ("CYL")
BULLETIN TYPE:
Warrant Term Extension
BULLETIN DATE: October 20, 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:
|
50,928,566
|
|
|
Original Expiry Date of
Warrants:
|
October 22, 2023 (as to
29,663,566 warrants)
|
|
October 28, 2023 (as to
21,265,000 warrants)
|
|
|
New Expiry Date of
Warrants:
|
October 22, 2024 (as to
29,663,566 warrants)
|
|
October 28, 2024 (as to
21,265,000 warrants)
|
|
|
Exercise Price of
Warrants:
|
$0.15
(Unchanged)
|
These warrants were issued pursuant to a private placement of
51,428,566 shares with 51,428,566 share purchase warrants
attached, which was accepted for filing by the Exchange effective
November 26, 2020.
________________________________________
EMINENT GOLD
CORP. ("EMNT")
BULLETIN TYPE:
Property-Asset Purchase Agreement
BULLETIN DATE:
October 20, 2023
TSX
Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation
pertaining to the purchase agreement (the "Agreement") dated
September 26, 2023, between Eminent
Gold Corp. and its subsidiary (the "Company") and an arm's length
party (the "Seller"). Pursuant to the terms of the Agreement, the
Company may acquire 100% interest in the 110 unpatented claims (890
hectares). By way of Consideration, the Company will issue 350,000
common shares to the Seller. And an additional 200,000 common
shares will be issued when the company initiates a drill program at
Gilbert South Property, located 30 kilometres west of Tonopah in the Walker Lane trend, Nevada.
The Timberline claims are currently subject to a 3% net smelter
return royalty, the Nevada select
claims are currently subject to a 2% net smelter return royalty,
and the GL claims are currently subject to a 2.25% net smelter
return royalty. The company shall have the option and right to
repurchase 1% of the GL royalty for $1
million (U.S.). The Seller shall have the option to buy down
1% of the Timberline net smelter return for $1.5 million (U.S.).
|
CASH
($)
|
SECURITIES
|
WORK
EXPENDITURES
(S)
|
CONSIDERATION
|
N/A
|
350,000 common
shares
|
N/A
|
|
|
200,000 common shares
(additional)
|
|
For further details, please refer to the Company's news releases
dated September 27, 2023.
________________________________________
LAHONTAN GOLD CORP. ("LG")
BULLETIN TYPE: Private
Placement-Brokered
BULLETIN DATE: October 20, 2023
TSX Venture Tier 2
Company
TSX Venture Exchange has accepted for filing documentation with
respect to a Brokered Private Placement announced on August 2, 2023:
Number of Shares:
|
25,000,000 common
shares
|
|
|
Purchase Price:
|
$0.08 per common
share
|
|
|
Warrants:
|
25,000,000 warrants to
purchase 25,000,000 common shares
|
|
|
Warrant Exercise
Price:
|
$0.12 until September
1, 2026, subject to an accelerated expiry provision
|
|
|
Number of
Placees:
|
34 placees
|
|
|
|
Insider / Pro Group
Participation:
|
|
|
|
|
|
Placees
|
# of Placee
(s)
|
Aggregate # of
Shares
|
|
|
|
Aggregate Existing
Insider Involvement:
|
2
|
2,687,500
|
Aggregate Pro Group
Involvement:
|
8
|
5,212,500
|
Agent's Fee: An aggregate of $108,052 and 1,354,290 non-transferable
compensation options payable to Beacon Securities Limited
and Haywood Securities Inc. Each compensation option
entitles the holder to acquire one common share at an exercise
price of $0.08 for a period of 36
months.
The Company issued a news release on September 1, 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.
________________________________________
SILVER RANGE RESOURCES
LTD. ("SNG")
BULLETIN TYPE: Shares for
Services
BULLETIN DATE: October
20, 2023
TSX Venture Tier
2 Company
TSX Venture Exchange has accepted for filing the Company's
proposal to issue 236,436 shares in consideration of certain
geological and consulting services totaling $20,000 provided to the company between
April 1, 2023, and September 30, 2023, pursuant to an agreement
dated April 1, 2019, as amended on
April 1, 2020, and April 1, 2022.
Number of Service Providers: 1 service
provider
Non-Arm's Length Party
/ Pro Group Participation:
|
|
|
|
|
|
Creditors
|
#
of
Creditors
|
Amount
Owing
|
Deemed
Price
per
Share
|
Aggregate #
of
Shares
|
|
|
|
|
|
Aggregate
Non-Arm's
Length Party
Involvement:
|
1
|
$5,000.00
$5,000.00
$5,000.00
$5,000.00
|
$0.0875
$0.0963
$0.0831
$0.0744
|
57,143
shares
51,921
shares
60,168
shares
67,204
shares
|
|
|
|
|
|
Aggregate Pro
Group
Involvement:
|
N/A
|
N/A
|
N/A
|
N/A
|
For more information, please refer to the Company's news release
dated October 18, 2023.
________________________________________
SONORAN DESERT COPPER CORPORATION ("SDCU")
BULLETIN
TYPE: Property-Asset or Share Purchase
Agreement
BULLETIN DATE: October 20, 2023
TSX Venture Tier 2
Company
TSX Venture Exchange has accepted for filing documentation the
Exploration Right Assignment Agreement with Definitive Rights
Assignment Option agreement dated January
16, 2023 ("Agreement"). Pursuant to the terms of Agreement,
the Company has acquired the right to purchase (the "Option") the
rights, titles and interests of the Cuatro Hermanos Porphyry Copper
Project located in Sonora, Mexico
("4H Project"), in consideration of an aggregate payment of
$5,862,500 cash and aggregate
exploration expenditures of $2,850,000, according to the following
schedule:
Date
|
Cash Payment
|
Work Commitment
|
|
|
|
Upon Execution
|
$ 50,000
|
NIL
|
12-Month
Anniversary
|
$ 150,000
|
$ 100,000
|
24-Month
Anniversary
|
$ 200,000
|
$ 250,000
|
36-Month
Anniversary
|
$ 200,000
|
$ 500,000
|
48-Month
Anniversary
|
$ 200,000
|
$ 1,000,000
|
60-Month
Anniversary
|
$ 5,062,500
|
$ 1,000,000
|
The Optionor will retain a 1% net smelter returns royalty, which
has been registered with Mining Ministry of Mexico. The Company will be responsible for
paying the continuing mining taxes, duties, and fees to maintain
concessions in active status during the term of the Option.
For further details, please refer to the Company's news releases
dated February 9, 2023; September 6, 2023; and October 20, 2023.
________________________________________
SOURCE TSX Venture Exchange