TSX VENTURE COMPANIES
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: March 4, 2010
TSX Venture Tier 2 Company
A Cease Trade Order has been issued by the British Columbia Securities
Commission on March 4, 2010, against the following Company for failing to
file the documents indicated within the required time period:
Period Ending
Symbol Company Failure to File (Y/M/D)
("ABD") Abode Mortgage comparative financial statement 09/08/31
Holdings Corp. interim financial statements 09/11/30
management's discussion & analysis 09/08/31
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 company during the
period of the suspension or until further notice.
TSX-X
----------------------------------------------------------------------------
ALIX RESOURCES CORP. ("AIX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation in connection
with an Option Agreement dated February 9, 2010 between the Company and
David Wright and Associates (the "Vendor") whereby the Company has been
granted an option to acquire an undivided 100% interest in the Money Rock
Property that is located in the Pogo area of Goodpaster Mining District in
the State of Alaska. The aggregate consideration is US$8,160 for
reimbursement of 1010 annual rental payment, $210,000 payable over a 6 year
period and 180,000 common shares payable over a three year period. The
agreement is subject to a 2% net smelter return royalty that is payable to
the vendor of which the Company may buy back 1% for $1,000,000 subject to
further Exchange review and acceptance.
TSX-X
----------------------------------------------------------------------------
BOLD VENTURES INC. ("BOL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
the first tranche of a Non-Brokered Private Placement announced February 22,
2010:
Number of Shares: 1,300,000 shares
Purchase Price: $0.10 per share
Warrants: 650,000 share purchase warrants to purchase
650,000 shares
Warrant Exercise Price: $0.15 for a one year period
$0.20 in the second year
Number of Placees: 17 placees
Finder's Fee: Union Securities Ltd. will receive a finder's
fee of $8,000 and 80,000 "B" Warrants that are
exercisable into common shares at $0.15 per
share in the first year and at $0.20 per share
in the second 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. 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.
TSX-X
----------------------------------------------------------------------------
CANADIAN OREBODIES INC. ("CO")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an
Mineral Property Acquisition Agreement (the "Agreement") dated March 3,
2010, between Canadian Orebodies Inc. (the "Company"), Ultra Lithium Inc.,
and several arms-length parties (collectively the "Vendors"), whereby the
Company can earn an 80% undivided interest in 129 mining claim units (the
"Zigzag Property"), located approximately 60km northeast of Armstrong,
Ontario.
Under the terms of the Agreement, the Company can earn an 80% interest in
the Property by making aggregate cash payments of CDN$100,000, issuing
800,000 common shares and incurring CDN$350,000 in exploration expenditures
over a four year period.
For further details, please refer to the Company's news release dated March
4, 2010.
TSX-X
----------------------------------------------------------------------------
CASSIUS VENTURES LTD. ("CZ.P")
BULLETIN TYPE: Halt
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
Effective at 10:22 a.m. PST, March 4, 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.
TSX-X
----------------------------------------------------------------------------
CASSIUS VENTURES LTD. ("CZ.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated March 4, 2010, effective at
6:08 a.m. PST, March 5, 2010 trading in the shares of the Company will
remain halted pending receipt and review of acceptable documentation
regarding the Qualifying Transaction pursuant to Listings Policy 2.4.
TSX-X
----------------------------------------------------------------------------
CASTILLIAN RESOURCES CORP. ("CT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue
1,201,997 common shares at a deemed value of CDN$0.078 per share to settle
outstanding debt for US$89,895.
Number of Creditors: 1 Creditor
The Company shall issue a news release when the shares are issued and the
debt extinguished.
TSX-X
----------------------------------------------------------------------------
CENTRIC ENERGY CORP. ("CTE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Private
Placement-Non-Brokered
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. has accepted for filing documentation in
connection with an assignment agreement between the Centric Energy Corp.
(the "Company") and Endeavour Resources Ltd. ("Endeavour") dated December
11, 2009 (the "Agreement"). Under the Agreement, Endeavour will assign to a
wholly-owned subsidiary of the Company, being Centric Energy (Kenya) Limited
("Kenya Subco"), its rights under a Production Sharing Contract ("PSC") with
the Government of the Republic of Kenya over oil and gas concessions Block
10BA located in Kenya. As consideration for the assignment, the Company will
pay US$515,000 to Endeavour and issue to Endeavour 5% of the issued shares
of Kenya Subco.
Under the terms of the PSC, the Company and Kenya Subco will be required to:
1. carry out a minimum three year work program at a minimum cost of
US$3,000,000;
2. pay a US$100,000 signing bonus to the Government of the Republic of
Kenya;
3. pay surface fees of US$145,836 to the Government of the Republic of
Kenya;
4. pay training fees of US$90,000 to the Government of the Republic of
Kenya;
5. post a bank guarantee of US$450,000 (15% of the value of the minimum work
commitment) with the Government of the Republic of Kenya;
6. deliver a guarantee by the Company for US$2,550,000 (85% of the value of
the minimum work program) to the Government of the Republic of Kenya.
The Company has agreed to pay a finder's fee of US$100,000 to Zahur Trading
Co. Ltd. (Azim Nathoo) for introducing the Company to Endeavour and
assisting with negotiation of the Agreement.
For further information see the news release of the Company dated January
27, 2010 which is available under the Company's profile on SEDAR.
Private Placement-Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to
the first tranche of a Non-Brokered Private Placement announced January 28,
2010:
Number of Shares: 16,250,000 shares
Purchase Price: $0.08 per share
Warrants: 16,250,000 share purchase warrants to purchase
16,250,000 shares
Warrant Exercise Price: $0.12 for a two year period. The warrants are
subject to an accelerated exercise provision in
the event the closing price is $0.20 or more
for a period of 10 consecutive trading days at
any time following 4 months and one day after
the date of issuance of the warrants.
Number of Placees: 40 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Alec Edward Robinson Y 975,000
Firebird Global Master Fund, Ltd. Y 3,000,000
Chelmer Investments Corp.
(Darren Devine) Y 875,000
Simon Anderson Y 250,000
Anthony Dutton Y 500,000
Andy Bell Y 625,000
Kenneth Muir P 47,500
David Elliott P 250,000
Lisa Stefani P 200,000
David Lyall P 1,000,000
Cliff Rich P 500,000
Paul Visosky Y 375,000
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. 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.
TSX-X
----------------------------------------------------------------------------
CHRISTOPHER JAMES GOLD CORP. ("CJG")
BULLETIN TYPE: Halt
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
Effective at the opening, March 5, 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.
TSX-X
----------------------------------------------------------------------------
CHRISTOPHER JAMES GOLD CORP. ("CJG")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated March 5, 2010, effective at
11:06 a.m. PST, March 5, 2010 trading in the shares of the Company will
remain halted pending receipt and review of acceptable documentation
regarding the Change of Business and/or Reverse Takeover pursuant to
Listings Policy 5.2.
TSX-X
----------------------------------------------------------------------------
ECHELON CAPITAL CORPORATION ("ECO.P")
BULLETIN TYPE: Halt
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
Effective at 9:47 a.m. PST, March 5, 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.
TSX-X
----------------------------------------------------------------------------
ECHELON CAPITAL CORPORATION ("ECO.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated March 5, 2010, effective at
11:04 a.m. PST, March 5, 2010 trading in the shares of the Company will
remain halted pending receipt and review of acceptable documentation
regarding the Qualifying Transaction pursuant to Listings Policy 2.4.
TSX-X
----------------------------------------------------------------------------
ELECTRA GOLD LTD. ("ELT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a
Non-Brokered Private Placement announced February 11, 2010:
Number of Shares: 2,400,000 shares
Purchase Price: $0.05 per share
Warrants: 2,400,000 share purchase warrants to purchase
2,400,000 shares
Warrant Exercise Price: $0.10 for a two year period
Number of Placees: 5 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Kerry Chow P 500,000
Roberto Chu P 100,000
Finder's Fee: PI Financial Corp. receives $12,000 and 240,000
non-transferable warrants, each exercisable for
one share at a price of $0.10 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.)
TSX-X
----------------------------------------------------------------------------
ENABLENCE TECHNOLOGIES INC. ("ENA")
BULLETIN TYPE: Prospectus-Share Offering
BULLETIN DATE: March 5, 2010
TSX Venture Tier 1 Company
Effective January 27, 2010, the Company's Prospectus dated January 27, 2010
was filed with and accepted by TSX Venture Exchange, and filed with and
receipted by the British Columbia, Alberta, Saskatchewan, Manitoba, Ontario,
Nova Scotia and New Brunswick Securities Commissions, pursuant to the
provisions of the respective Securities Act.
TSX Venture Exchange has been advised that closing occurred on February 4,
2010, for gross proceeds of $28,750,000.
Agent: Paradigm Capital Inc. and Raymond James Ltd.
Offering: 71,875,000 shares (includes 9,375,000 common
shares on the exercise of the Agents' over-
allotment option)
Share Price: $0.40 per share
Agent's Options: 2,875,000 compensation options. Each option is
exercisable into one common share at a price of
$0.40 for a period of eighteen months.
Agents' Commission: $1,725,000
For further information, please refer to the Company's final short form
prospectus dated January 27, 2010.
TSX-X
----------------------------------------------------------------------------
ESPERANZA SILVER CORPORATION ("EPZ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 5, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a
Non-Brokered Private Placement announced March 4, 2010:
Number of Shares: 500,000 shares
Purchase Price: $1.25 per share
Warrants: 500,000 share purchase warrants to purchase
500,000 shares
Warrant Exercise Price: $1.75 for a two year period. If, after the
expiry of Canadian resale restrictions, the
closing price of the Company's shares is $2.20
or greater for a period of 20 consecutive
trading days, the Company may accelerate the
expiry of the warrants, to 21 trading days
after giving notice.
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.)
TSX-X
----------------------------------------------------------------------------
EXPLOR RESOURCES INC. ("EXS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to
an arms-length option agreement under which Explor Resources Inc. may
acquire a 100% interest in the Tardif Brook Gold Property consisting of 30
claims in the Restigouche county, located in the Province of New Brunswick
(the "Property").
Under the agreement, the Company will pay a consideration of $5,000 in cash
and 50,000 common shares, upon signing.
The vendor retains a 2% NSR royalty, 50% of which (1%) may be repurchased
upon payment of $1,000,000.
For further details, please refer to the Company's press release dated
February 19, 2010.
RESSOURCES EXPLOR INC. ("EXS")
TYPE DE BULLETIN : Convention d'achat de propriete, d'actif ou d'actions
DATE DU BULLETIN : Le 5 mars 2010
Societe du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepte le depot d'une convention de vente
negociee a distance en vertu de laquelle Ressources Explor inc. (la "
societe ") a acquis un interet de 100 % dans la propriete de Tardif Brook
Gold, comprenant 30 claims miniers situes dans le compte de Restigouche,
dans la province du Nouveau Brunswick.
La contrepartie est de 5 000 $ en especes et 50 000 actions ordinaires,
payable lors de la signature.
Le vendeur a conserve une redevance NSR de 2 % dans la propriete dont 50 %
(1 %) peut etre rachetee pour un montant de 1 000 000 $
Pour plus d'information, veuillez vous referer au communique de presse emis
par la societe le 19 fevrier 2010.
TSX-X
----------------------------------------------------------------------------
FIRST LITHIUM RESOURCES INC. ("MCI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement dated
February 24, 2010 between First Lithium Resources Inc. (the 'Company') and
Ashburton Ventures Inc. (a TSX Venture listed company), whereby the Company
will acquire an 80% interest in the Teels lithium prospect comprised of 120
placer claims located at Teels Marsh, Mineral County, Nevada approximately
54 miles northwest of Clayton Valley.
Total consideration consists of $175,000 in cash payments, 1,250,000 shares
of the Company, and $450,000 in work expenditures over a three year period
commencing after all relevant claims are registered.
TSX-X
----------------------------------------------------------------------------
FINAVERA RENEWABLES INC. ("FVR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a
Non-Brokered Private Placement announced February 23 and March 1, 2010:
Number of Shares: 2,848,400 shares
Purchase Price: $0.05 per share
Warrants: 1,424,200 share purchase warrants to purchase
1,424,200 shares
Warrant Exercise Price: $0.10 for a one year period
Number of Placees: 1 placee
No Insider / Pro Group Participation
Finder's Fee: $4,272.00 (3% of amount raised) payable to
Campbell O'Connor & Co.
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.)
TSX-X
----------------------------------------------------------------------------
FRONTLINE GOLD CORPORATION ("FGC")
(formerly Chrysos Capital Corporation ("CSZ"))
BULLETIN TYPE: Name Change
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders on February 26, 2010, the
Company has changed its name from Chrysos Capital Corporation to Frontline
Gold Corporation. There is no consolidation of capital.
Effective at the opening Monday, March 8, 2010, the common shares of
Frontline Gold Corporation will commence trading on TSX Venture Exchange and
the common shares of Chrysos Capital Corporation will be delisted. The
Company is classified as a "Gold and Silver Ore Mining" issuer.
Capitalization: unlimited number of common shares with no par
value of which 48,216,169 shares are issued and
outstanding
Escrow: 28,065,000
Transfer Agent: Computershare Investor Services Inc. - Halifax
and Toronto
Trading Symbol: FGC (new)
CUSIP Number: 35922K 10 6 (new)
TSX-X
----------------------------------------------------------------------------
GALENA INTERNATIONAL RESOURCES LTD. ("GTO")
(formerly Galena International Resources Ltd. ("GTO.P"),
Kernow Resources & Development Ltd. ("KRD"))
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Amalgamation,
Resume Trading, Delist
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Companies
TSX Venture Exchange (the 'Exchange') has accepted for filing Galena
International Resources Ltd.'s (the 'Company' or 'Galena') Qualifying
Transaction (the 'QT') and related transactions, all as principally
described in its filing statement dated February 15, 2010 (the 'Filing
Statement'). As a result, effective at the opening Monday, March 8, 2010,
the Company will no longer be considered a Capital Pool Company and will
resume trading. The QT includes the following matters, all of which have
been accepted by the Exchange:
1. Qualifying Transaction / Amalgamation:
Galena, Kernow Resources & Development Ltd. ("Kernow") and Green Bull Energy
Inc. ("Green Bull") agreed to merge on September 9, 2009 via letter of
intent (the "LOI") which was superseded by an amalgamation agreement dated
November 25, 2009 (the "Amalgamation Agreement"). Pursuant to the terms of
the Amalgamation Agreement, Green Bull and Kernow, have amalgamated by way
of a three-cornered amalgamation under section 277 of the Business
Corporations Act (British Columbia) to form Green Bull Resources Ltd.
("GBR") (the "Amalgamation") and Galena has acquired all of the issued and
outstanding shares of GBR, (collectively the "Merger"). The material terms
of the Merger are:
- Green Bull has merged with Kernow to form GBR, a new British Columbia
corporation; and
- Galena has acquired all of the issued and outstanding shares of GBR in
consideration of the issuance of Galena shares to the former shareholders of
Green Bull and Kernow on the following basis:
o 3:1 basis (three Kernow shares for one new Galena share); and
o 1.864:1 basis (1.864 Green Bull shares for one new Galena share).
Finder's Fee: N/A
Insider / Pro Group Participation: None. At the time the Amalgamation
Agreement was entered into the Company was at arm's length to the Kernow and
Green Bull.
The Exchange has been advised that the above transactions, (which did not
require shareholder approval from Galena's shareholders) was approved by
shareholders of Kernow and Green Bull on December 23, 2009, and December 1,
2009 respectively, have been completed.
In addition, the Exchange has accepted for filing the following:
2. Resume Trading, Symbol Change & Delist:
Effective at the opening Monday, March 8, 2010, the common shares of Galena
International Resources Ltd. will resume trading and the common shares of
Kernow Resources & Development Ltd. will be delisted.
Symbol: GTO same symbol as CPC but with .P removed
Capitalization: Unlimited common shares with no par value of
which 22,227,686 common shares are issued and
outstanding
Escrow: 6,805,319 common shares are subject to a 36
month staged release escrow
The Company is classified as a "Mineral Exploration & Development" company.
Company Contact: Randy Turner, CEO, President & Director
Company Address: 1410 - 650 West Georgia Street
Vancouver, BC V6B 4N8
Company Phone Number: (604) 687-6644
Company Fax Number: (604) 687-1448
Company Email Address: rturner@canterraminerals.com
TSX-X
----------------------------------------------------------------------------
GOGOLD RESOURCES INC. ("GGD.P")
BULLETIN TYPE: Halt - Pending an announcement
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
Effective at 12:44 p.m. PST, March 5, 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.
TSX-X
----------------------------------------------------------------------------
HATHOR EXPLORATION LIMITED ("HAT")
BULLETIN TYPE: Plan of Arrangement, Amendment
BULLETIN DATE: March 5, 2010
TSX Venture Tier 1 Company
Further to the TSX Venture Exchange Bulletin dated November 24, 2009, the
Exchange provides this addendum with respect to the Arrangement Agreement
(the "Agreement") dated September 14, 2009 between Hathor Exploration
Limited (the 'Company') and Northern Continental Resources Inc. ('NCR').
In conjunction with the Plan of Arrangement effective Monday, November 23,
2009, the Exchange has accepted the Advisory Agreement between the Company
and HSBC Securities (Canada) Inc. ("HSBC"), dated April 6, 2009 (the
"Advisory Agreement"), whereby HSBC will be paid a "Success Fee" upon
closing of the transaction of:
- $250,000 cash; and
- 250,000 brokered warrants to purchase 250,000 common shares of the company
@$1.74 for 2 years.
TSX-X
----------------------------------------------------------------------------
INTENSITY COMPANY INC. ("ITT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a
Non-Brokered Private Placement announced March 4, 2010:
Number of Shares: 950,000 Units
(Each Unit consists of one common share and one
share purchase warrant.)
Purchase Price: $0.10 per Unit
Warrants: 950,000 share purchase warrants to purchase
950,000 shares
Warrant Exercise Price: $0.15 for a one year period
Number of Placees: 4 placees
No Insider / Pro Group Participation
No Finder's Fee
TSX-X
----------------------------------------------------------------------------
KIVALLIQ ENERGY CORPORATION ("KIV")
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated February 16, 2010, the
Exchange has accepted an amendment with respect to a Non-Brokered Private
Placement announced January 29, 2010. Wolverton Securities Inc. is NOT
receiving a finder's fee.
TSX-X
----------------------------------------------------------------------------
LORNEX CAPITAL INC. ("LOM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a
Non-Brokered Private Placement announced January 28, 2010:
Number of Shares: 3,426,667 shares
Purchase Price: $0.30 per share
Warrants: 1,713,333 share purchase warrants to purchase
1,713,333 shares
Warrant Exercise Price: $0.50 for a two year period
Number of Placees: 48 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Ivano Veschini P 166,000
Colin Quan P 10,000
Finders' Fees: $20,559 cash payable to Consilium Holdings Inc.
(Mike Suk)
$19,404 cash payable to Canaccord Financial
Ltd.
$9,030 cash payable to Jordan Capital Markets
Inc.
28,000 units (comprised of one share and one
half of one warrant with each whole warrant
exercisable at $0.50 for two years) payable to
JDI Holdings Ltd. (Dara Fahy)
$6,972 cash payable to Bolder Investment
Partners Ltd.
25,317 units (same terms as above) payable to
David Benson.
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.
TSX-X
----------------------------------------------------------------------------
MANITOU GOLD INC. ("MTU")
BULLETIN TYPE: New Listing-IPO-Shares
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
The Company's Initial Public Offering ('IPO') Prospectus dated February 16,
2010, has been filed with and accepted by TSX Venture Exchange, and filed in
Ontario, British Columbia, Alberta, Saskatchewan and Manitoba, and receipted
by the securities regulator in each of these jurisdictions, pursuant to the
provisions of the securities legislations in each of these jurisdictions.
The gross proceeds received by the Company for the Offering were $2,000,000
(8,000,000 units at $0.25 per unit). Each unit consists of one common share
and one-half of one share purchase warrant of the Company. Each warrant will
entitle the holder to acquire one common share at a price of $0.40 until
March 4, 2013. The Company is classified as a 'Mineral
Exploration/Development' company.
Commence Date: At the opening Monday, March 8, 2010, the
common shares will commence trading on TSX
Venture Exchange.
Corporate Jurisdiction: Ontario
Capitalization: Unlimited number of common shares with no par
value of which 21,809,803 common shares are
issued and outstanding
Escrowed Shares: 5,721,470 common shares
Transfer Agent: Equity Transfer & Trust Company
Trading Symbol: MTU
CUSIP Number: 563508 10 0
Agent: Canaccord Financial Ltd.
Agent's Warrants: 900,000 non-transferable share purchase
warrants. One warrant to purchase one share at
$0.40 per share up to March 4, 2013.
For further information, please refer to the Company's Prospectus dated
February 16, 2010.
Company Contact: Guy Mahaffy, Chief Financial Officer
Company Address: 101-957 Cambrian Heights Drive
Sudbury, Ontario P3C 5S5
Company Phone Number: (705) 222-8800
Company Fax Number: (705) 222-8801
Company Email Address: info@manitougold.com
TSX-X
----------------------------------------------------------------------------
MOUNTAIN-WEST RESOURCES INC. ("MWR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a
Non-Brokered Private Placement announced February 10, 2010:
Number of Shares: 400,000 shares
Purchase Price: $0.25 per share
Number of Placees: 7 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Frank Diegmann Y 138,000
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.
TSX-X
----------------------------------------------------------------------------
ORSA VENTURES CORP. ("ORN")
BULLETIN TYPE: Company Tier Reclassification
BULLETIN DATE: March 5, 2010
TSX Venture Tier 1 Company
In accordance with Policy 2.5, the Company has not met the requirements for
a Tier 1 company. Therefore, effective Monday, March 8, 2010, the Company's
Tier classification will change from Tier 1 to:
Classification
Tier 2
TSX-X
----------------------------------------------------------------------------
QUATERRA RESOURCES INC. ("QTA")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue
19,565 shares at a deemed price of $1.15 per share in consideration of
certain financial and advisory services provided to the Company pursuant to
an agreement dated April 2, 2009.
The Company shall issue a news release when the shares are issued.
TSX-X
----------------------------------------------------------------------------
RAINY MOUNTAIN ROYALTY CORP. ("RMO")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: March 5, 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, ON to
Vancouver, BC.
TSX-X
----------------------------------------------------------------------------
SACCHARUM ENERGY CORP. ("SHM.P")
BULLETIN TYPE: Halt
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
Effective at 9:39 a.m. PST, March 5, 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.
TSX-X
----------------------------------------------------------------------------
SANDSPRING RESOURCES LTD. ("SSP")
BULLETIN TYPE: Halt
BULLETIN DATE: March 5, 2010
TSX Venture Tier 1 Company
Effective at 7:29 a.m. PST, March 5, 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.
TSX-X
----------------------------------------------------------------------------
SANDSPRING RESOURCES LTD. ("SSP")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 5, 2010
TSX Venture Tier 1 Company
Effective at 9:00 a.m. PST, March 5, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.
TSX-X
----------------------------------------------------------------------------
SAN GOLD CORPORATION ("SGR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 5, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for expedited filing documentation
pertaining to a Purchase Agreement dated February 12, 2010 between San Gold
Corporation (the 'Company') and Newquest Gold Inc. (Blair Caithness, John
Arnold, Robert Wasslen, Bill Percy, Art Stacey), pursuant to which the
Company may acquire a 100% interest in 4 mineral claims located near
Bissett, Manitoba, known as the Gold Horse Mineral Claims. In consideration,
the Company will pay $50,000 and issue 60,000 shares upon closing. There is
a 3% net smelter return royalty in favour of Golden Canadian Ltd., of which
1% may be purchased within one year of commercial production for the payment
of $1,000,000.
TSX-X
----------------------------------------------------------------------------
SANTA FE METALS CORP. ("SFM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a
Non-Brokered Private Placement announced February 19, 2010:
Number of Shares: 11,000,000 shares
Purchase Price: $0.10 per share
Warrants: 5,500,000 share purchase warrants to purchase
5,500,000 shares
Warrant Exercise Price: $0.15 for a two year period
Number of Placees: 37 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
R. Stuart Angus Y 1,000,000
Douglas R. Brett Y 50,000
Drekar Capital Corp.
(Douglas R. Brett) Y 400,000
John R. W. Fox Y 150,000
Renee Garnett P 200,000
David Garnett P 150,000
Pinetree Resource Partnership Y 1,500,000
Thomas W. Seltzer P 100,000
Ian Smith Y 500,000
Clarence Wendt Y 50,000
Finders' Fees: $750 payable to Raymond James Ltd.
$5,750 payable to Canaccord Financial Ltd.
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.
TSX-X
----------------------------------------------------------------------------
SAVARY CAPITAL CORP. ("SCA.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated February 3, 2010, effective
at 11:41 a.m. PST, March 5, 2010 trading in the shares of the Company will
remain halted pending receipt and review of acceptable documentation
regarding the Qualifying Transaction pursuant to Listings Policy 2.4.
TSX-X
----------------------------------------------------------------------------
SEARCH MINERALS INC. ("SMY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a
Non-Brokered Private Placement announced February 16, 2010:
Number of Shares: 2,400,000 shares
Purchase Price: $0.35 per share
Warrants: 2,400,000 share purchase warrants to purchase
2,400,000 shares
Warrant Exercise Price: $0.50 for a one year period
Finders' Fees: $51,468.75 payable to George Molyviatis
$7,000 payable to RD Capital Inc.
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.)
TSX-X
----------------------------------------------------------------------------
SPRING & MERCER CAPITAL CORP. ("SPN.H")
(formerly Spring & Mercer Capital Corp. ("SPN.P"))
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.4, Capital Pool Companies, the
Company has not completed a Qualifying Transaction within the prescribed
time frame. Therefore, effective at the opening Monday, March 8, 2010, the
Company's listing will transfer to NEX, the Company's Tier classification
will change from Tier 2 to NEX, and the Filing and Service Office will
change from Vancouver to NEX.
As of March 8, 2010, the Company is subject to restrictions on share
issuances and certain types of payments as set out in the NEX policies.
The trading symbol for the Company will change from SPN.P to SPN.H. There is
no change in the Company's name, no change in its CUSIP number and no
consolidation of capital. The symbol extension differentiates NEX symbols
from Tier 1 or Tier 2 symbols within the TSX Venture.
TSX-X
----------------------------------------------------------------------------
SWIFT POWER CORP. ("SPC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a
Non-Brokered Private Placement announced February 19, 2010:
Number of Shares: 1,346,154 shares
Purchase Price: $0.26 per share
Warrants: 1,346,154 share purchase warrants to purchase
1,346,154 shares
Warrant Exercise Price: $0.35 for a one year period
Number of Placees: 1 placee
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Fort Chicago Pipelines
(Canada) Ltd. Y 1,346,154
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. 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.)
TSX-X
----------------------------------------------------------------------------
TIMES TELECOM INC. ("TTT")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
Effective at the opening Monday, March 8, 2010, the shares of the Company
will commence trading on TSX Venture Exchange pending confirmation that the
distribution of its shares has been effected. The Company is classified as a
'Telecom' company.
Corporate Jurisdiction: British Columbia
Capitalization: unlimited common shares with no par value of
which 90,000,000 common shares are issued and
outstanding
Escrowed Shares: 31,881,492 common shares
Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: TTT
CUSIP Number: 887373 10 8
Sponsoring Member: Research Capital Corp.
For further information, please refer to the Company's Prospectus dated
December 11, 2009.
Company Contact: Norman Tsui
Company Address: Suite 400, North Tower
5811 Cooney Road
Richmond, BC V6X3M1
Company Phone Number: (604) 279-8787 ext 1875
Company Fax Number: (604) 279-8775
Company Email Address: norman.tsui@timestelecom.ca
TSX-X
----------------------------------------------------------------------------
TORCH RIVER RESOURCES LTD. ("TCR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") conditionally accepts the Amendment to
Option Agreement (the "Amended Agreement") between the Company and various
non-Arms Length parties (the "Vendors). Under the terms of the Amended
Agreement, the purchase price for the Mount Copeland Property (the
"Property) has now changed to an aggregate of $175,000 cash and 1,880,000
common shares. The Vendors will still retain a 2.75% Gross Royalty on the
Property.
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Dr William Pfaffenberger Y 370,000
This transaction was announced in the Company's press release dated February
25, 2010.
TSX-X
----------------------------------------------------------------------------
TYNER RESOURCES LTD. ("TIP")
BULLETIN TYPE: Halt
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
Effective at 6:05 a.m. PST, March 5, 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.
TSX-X
----------------------------------------------------------------------------
VAULT MINERALS INC. ("VMI")
BULLETIN TYPE: Halt
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
Effective at 10:48 a.m. PST, March 5, 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.
TSX-X
----------------------------------------------------------------------------
VAULT MINERALS INC. ("VMI")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
Effective at 12:16 p.m. PST, March 5, 2010, shares of the Company resumed
trading, an announcement having been made over StockWatch.
TSX-X
----------------------------------------------------------------------------
VERENA MINERALS CORPORATION ("VML")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a
Brokered Private Placement announced February 19, 2010 and March 1, 2010:
Number of Shares: 24,000,000 shares
Purchase Price: $0.25 per share
Warrants: 24,000,000 share purchase warrants to purchase
24,000,000 shares
Warrant Exercise Price: $0.50 for a two year period
Number of Placees: 82 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Robert F. Rose P 280,000
Wendy Rose P 100,000
Rose Jacobs Holdings Ltd. P 200,000
K. Andrew Gustajtis P 80,000
Graham Saunders P 100,000
Mark Eaton I 2,000,000
Michael Morrison P 120,000
Peter Dunlop P 280,000
Richard Gray P 80,000
Scott Wigle P 120,000
Simon Marcotte P 160,000
Tim Foote P 160,000
Peter Tagliamonte Y 160,000
Bill Godson P 100,000
Elizabeth Falconer P 100,000
Peter L. Winnell P 80,000
Paul Pint P 40,000
R.W. Cairns P 60,000
Mary Cairns P 50,000
Catherine Gignac P 80,000
Suzanne Duras P 80,000
Kevin Williams P 100,000
Stephen G. Roman P 340,000
Micahel G. Fowler P 40,000
Botho von Bose P 100,000
Helio B. Diniz Y 100,000
Agent's Fee: An issuance of 1,200,000 common shares and
1,200,000 agent's options to D&D Securities
Company. Each agent's option is exercisable
into one common share and one common share
purchase warrant at a price of $0.25 per option
for a two year period. Each warrant is
exercisable into one common share at a price of
$0.50 per share for a two year period.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has
issued a news release 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.
TSX-X
----------------------------------------------------------------------------
VIRGINIA ENERGY RESOURCES INC. ("VAE")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation of an
Agreement dated September 14, 2009 between the Issuer and Big Red Diamond
Corporation (the "Vendor") whereby the Company has been grated the exclusive
option to purchase 100% undivided interest to the Strategis Property in the
Otish Mountains of Quebec (the "Property").
The consideration payable to the Vendor consists of $50,000 cash and 635,000
common shares of the Company.
In accordance with an Assignment and Novation Agreement dated January 15,
2010 between the Company and the Vendor and Geotest Corporation and Natalie
Hansen the Property is subject to a 2% Net Smelter Return Royalty in favour
of the Vendor (0.5%), Geotest and Hansen (each 0.75%) of which 1.5% may be
purchased by the Company at any time for a cash payment of $1,500,000
($500,000 for each 0.5%).
TSX-X
----------------------------------------------------------------------------
XTIERRA INC. ("XAG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 5, 2010
TSX Venture Tier 1 Company
TSX Venture Exchange (the "Exchange") has accepted for filing documentation
with respect to the first tranche of a Non-Brokered Private Placement
announced January 19, 2010:
Number of Shares: 19,775,000 shares
Purchase Price: $0.20 per share
Warrants: 9,887,500 share purchase warrants to purchase
9,887,500 shares
Warrant Exercise Price: $0.30 until March 1, 2010
Number of Placees: 3 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Pacific Road Holdings NV Y 10,017,500
Pacific Road Resources
(Fund A) Y 1,241,250
Pacific Road Resources
(Fund B) Y 1,241,250
Finder's Fee: $21,350 and 122,000 compensation warrants
payable to MGI Securities Inc. Each
compensation warrant is exercisable into one
common share and one-half a common share
purchase warrant at a price of $0.20 per
compensation warrant until March 1, 2011. Each
whole warrant is exercisable into one common
share at a price of $0.30 per share until March
1, 2011.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has
issued a news release 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.
TSX-X
----------------------------------------------------------------------------
ZEDI INC. ("ZED")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: March 5, 2010
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 March 3, 2010,
it may repurchase for cancellation, up to 4,738,601 shares in its own
capital stock. The purchases are to be made through the facilities of TSX
Venture Exchange during the period March 12, 2010 to March 11, 2011.
Purchases pursuant to the bid will be made by FirstEnergy Capital Corp. on
behalf of the Company.
TSX-X
----------------------------------------------------------------------------
NEX COMPANIES
EACOM TIMBER CORPORATION ("ETR")
(formerly Eacom Timber Corporation ("ETR.H"))
BULLETIN TYPE: Change of Business, Private Placement-Non-Brokered,
Graduation from NEX to TSX Venture, Symbol Change
BULLETIN DATE: March 5, 2010
NEX Company
TSX Venture Exchange has accepted for filing the Company's Change of
Business, which includes the acceptance of the following transactions:
1. Acquisition
The acquisition of the Big River sawmill located in Saskatchewan from Domtar
Pulp and Paper Products in consideration of $3 million cash.
The Company is classified as a 'Timber' company.
Capitalization: unlimited shares with no par value of which
70,295,344 shares are issued and outstanding
Escrowed: 8,036,250 common shares
Escrow Term: 18 months
In addition, the Exchange has accepted for filing the following:
2. Private Placement-Non-Brokered
TSX Venture Exchange has accepted for filing documentation with respect to a
Non-Brokered Private Placement announced October 7, 2009:
Number of Shares: 10,000,000 shares
Purchase Price: $0.30 per share
Warrants: 10,000,000 share purchase warrants to purchase
10,000,000 shares
Warrant Exercise Price: $0.60 for a one year period
Number of Placees: 56 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Units
Ivano Veschini P 100,000
Prussian Capital Corporation P 165,000
Delia Barbosa P 50,000
Thomas English P 200,000
William H. Burk P 80.000
Terrance Salman P 100,000
Mathew Gaasenbeek P 100,000
Robert Sali P 240,000
Shain Mottahed P 40,000
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 March 8, 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.
Effective at the opening Monday, March 8, 2010, the trading symbol for the
Company will change from ETR.H to ETR.
TSX-X
----------------------------------------------------------------------------
HARMONY GOLD CORP. ("H")
(formerly Harmony Gold Corp. ("H.H"))
BULLETIN TYPE: Change of Business, Private Placement-Non-Brokered,
Graduation from NEX to TSX Venture, Symbol Change
BULLETIN DATE: March 5, 2010
NEX Company
Change of Business:
TSX Venture Exchange has accepted for filing Harmony Gold Corp.'s (the
"Company" or "Harmony") Change of Business (the "COB") and related
transactions, all as principally described in its Filing Statement dated
February 12, 2010 (the "Filing Statement"). The COB includes the following
matters, all of which have been accepted by the Exchange:
1. Property-Asset or Share Purchase Agreement:
The Company has the signed an option agreement dated November 11, 2009 (the
"Option Agreement") with Full Metal Minerals Ltd. (a Tier 2 TSXV listed
Company - "Full Metal"), whereby the Company has the option to purchase up
to a 60% interest in the Lucky Shot property (the Property") located in the
Talkeetna Recording District, Alaska.
To exercise the option, Harmony must:
(a) make a cash payment of $2,000,000 (which includes the reimbursement
of $1,500,000 incurred by Full Metal to complete the drill program as set
out in Phase I of the Technical Report) to Full Metal on the later of (A)
the fifth business day following acceptance of the Option Agreement by the
Exchange (the "Acceptance Date") and (B) the date that all of the parties
have confirmed that they are satisfied with their due diligence as
contemplated by the Option Agreement (the "Satisfaction Date");
(b) issue to Full Metal an aggregate of 4,000,000 Harmony Shares as
follows:
(i) 2,000,000 Harmony Shares on the later of (A) the fifth business day
following the Acceptance Date and (B) the Satisfaction Date; and
(ii) 2,000,000 Harmony Shares on completion of construction of an
underground access production ramp as recommended in Phase II of the
Technical Report;
(c) incur, before December 31, 2012, an aggregate of $8,000,000 in
expenditures on the claims to be incurred to complete construction of the
underground access production ramp as recommended in Phase II of the
Technical Report it being acknowledged that if prior to the later of:
(i) the fifth Business Day following the Acceptance Date; and
(ii) the Satisfaction Date.
Full Metal has expended additional funds to complete construction of the
underground access production ramp as recommended in Phase II of the
Technical Report, Harmony will reimburse Full Metal for such expenditures
and Harmony will be required to make such reimbursement on the later of (A)
the fifth business day following the Acceptance Date and (B) the
Satisfaction Date in order to meet its obligations under the Option
Agreement, provided that such reimbursement by Harmony to Full Metal will be
credited against the $8,000,000 expenditure obligation under the Option
Agreement.
Harmony will issue an aggregate of an additional 8,000,000 shares to Full
Metal as follows:
(a) 3,000,000 Harmony Shares to Full Metal on completion of the
processing of a bulk sample of not less than 7,500 tonnes, as recommended in
Phase II of the Technical Report; and
(b) 5,000,000 Harmony Shares on commencement of commercial production
on the claims.
All 12,000,000 shares that will be issued to Full Metals will be subject to
a three year escrow agreement as described in Policy 5.4, commencing on the
date of this bulletin.
The Company is classified as a 'Mineral Exploration' company.
Insider / Pro Group Participation: N/A
In addition, the Exchange has accepted for filing the following:
2. Private Placement-Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a
Non-Brokered Private Placement announced November 9, 2009 and amended on
February 2, 2010:
Number of Shares: 14,147,521 shares
Purchase Price: $0.35 per share
Warrants: 7,073,760 share purchase warrants to purchase
7,073,760 shares
Warrant Exercise Price: $0.65 for a one year period
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Robert Kerr P 30,000
ABC Capital Management P 100,000
Shaun Chin P 50,000
Azim Dhalla P 50,000
Craig Engelsman Y 200,000
Jerry Minni Y 100,000
Finders' Fees: $1,400 and 4,000 finder warrants payable to
Raymond James Ltd.
$40,000 and 114,285 finder warrants payable to
Phoenix Communications Group Inc.
$2,100 and 6,000 finder warrants payable to
Shafin Harji
$44,260 and 126,458 finder warrants payable to
Talisman Venture Partners Ltd.
$6,160 and 17,600 finder warrants payable to
Progressive Investor Relations
$7,840 and 22,400 finder warrants payable to
BBS Securities Inc.
$20,272 and 57,920 finder warrants payable to
Union Securities Ltd.
$16,084 and 45,954 finder warrants payable to
Lisa Rossler
$17,080 and 48,800 finder warrants payable to
USC Commodity Ltd.
$25,200 and 72,000 finder warrants payable to
Ashley James
$3,718 and 10,624 finder warrants payable to
Sean Gibson
$13,048 and 37,280 finder warrants payable to
Steve Parhar
$28,266 and 80,760 finder warrants payable to
Rundle Capital Ltd.
$11,480 and 32,800 finder warrants payable to
Mackie Research Capital
$88,410 and 252,600 finder warrants payable to
Canaccord Financial Ltd.
$14,736 and 42,103 finder warrants payable to
Spectre Investments Inc.
$14,896 and 42,560 finder warrants payable to
Rory S. Godinho Law Corporation
- Each finder warrant is exercisable at $0.65
for a twelve 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.
3. Graduation from NEX to TSX Venture, Symbol Change
The Company has met the requirements to be listed as a TSX Venture Tier 2
Company. Therefore, effective at the opening Monday, March 8, 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.
Effective at the opening Monday, March 8, 2010, the trading symbol for the
Company will change from H.H to H.
Capitalization: Unlimited shares with no par value of which
14,773,981 shares are issued and outstanding
Escrowed: 94,000 common shares
Company Contact: Craig Engelsman
Company Address: Suite 200, 551 Howe Street
Vancouver, BC V6C 2C2
Company Phone Number: (778) 370-0519
Company Fax Number: (604) 683-4499
Company Email Address: cengelsman@harmonygold.com
TSX-X
----------------------------------------------------------------------------
PEBERCAN INC. ("PBC.H")
BULLETIN TYPE: Delist
BULLETIN DATE: March 5, 2010
NEX Company
Effective at the open of business Monday, March 8, 2010, the common shares
will be delisted from TSX Venture Exchange at the request of the Company.
TSX-X
----------------------------------------------------------------------------
Minnova (TSXV:MCI)
Historical Stock Chart
From Apr 2024 to May 2024
Minnova (TSXV:MCI)
Historical Stock Chart
From May 2023 to May 2024
