TSX Venture Exchange Bulletins
VANCOUVER, March 15, 2018 /CNW/ -
TSX VENTURE COMPANIES
ALMONTY INDUSTRIES INC. ("AII")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 15, 2018
TSX Venture Tier 1 Company
Effective at 10.45 a.m. PST, March 15, 2018, shares of the Company resumed trading, an announcement having been made.
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AMERICAN CUMO MINING CORPORATION ("MLY")
BULLETIN TYPE: Rights Offering-Shares
BULLETIN DATE: March 15, 2018
TSX Venture Tier 2 Company
Further to TSX Venture Exchange (the "Exchange") bulletin dated November 7, 2017 and the expiry of the Company's Rights Offering on December 11, 2017, the Exchange has accepted for filing the Rights Offering pursuant to which 4,453,776 shares were issued.
For further information, please refer to the Company's news release dated December 21, 2017.
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CALIBRE MINING CORP. ("CXB")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: March 15, 2018
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: |
26,600,000 |
|
Original Expiry Date of Warrants: |
April 21, 2018 |
|
New Expiry Date of Warrants: |
April 21, 2019 |
|
Exercise Price of Warrants: |
$0.16 |
These warrants were issued pursuant to a private placement of 30,000,000 shares with 30,000,000 share purchase warrants attached, which was accepted for filing by the Exchange effective April 27, 2016.
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COBALT POWER GROUP INC. ("CPO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 15, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 1, 2018:
|
Number of Shares: |
2,800,000 non flow-through shares |
|
2,000,000 flow-through shares | |
|
Purchase Price: |
$0.22 per non flow-through share |
|
$0.25 per flow-through share | |
|
Warrants: |
1,400,000 share purchase warrants to purchase 1,400,000 shares |
|
Warrant Exercise Price: |
$0.35 for a two-year period |
|
Number of Placees: |
5 Placees |
|
Finder's Fee: |
$60,360 cash, *138,000 warrants and **120,000 warrants payable to Roche Securities Limited |
|
* Finder's fee warrants are exercisable at $0.22 per share for two years. | |
|
** Finder's fee warrants are exercisable at $0.25 per share for two years. |
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.
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EMERITA RESOURCES CORP. ("EMO")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 15, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a purchase agreement dated July 14, 2017 between the Company, Vale S.A. ("Vale") and IMS Engenharia Minerals Ltda. ("IMS") and a letter of intent dated July 14, 2017 between the Company and IMS whereby the Company has acquired a 75% indirect interest in the Salobro zinc project (the "Salobro Project") located in Brazil, in exchange for staged cash payments of US$6,500,000 to Vale over a seven year period and the issuance of 1,000,000 shares to IMS. The Company has a right to acquire the remaining 25% of the Salobro Project from IMS by paying CAD$2 million and issuing an additional 1,000,000 shares to IMS.
There are no finder's fees on the transaction. The transaction in arm's length in nature.
For further information, please refer to the Company's news releases dated July 14, 2017, January 22, 2018 and March 15, 2018.
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Insider / Pro Group Participation: Nil | |||
|
CASH |
SHARES |
WORK EXPENDITURES | |
|
Year 1 |
USD$2,000,000 |
1,000,000 |
N/A |
|
Year 2 |
$Nil |
N/A |
N/A |
|
Year 3 or before |
USD$1,500,000 |
N/A |
N/A |
|
Year 4 or before (1) |
CAD$2,000,000 |
1,000,000 |
N/A |
|
Year 7 or before |
USD$3,000,000 |
N/A |
N/A |
|
(1) This payment represents the right of the Company to acquire the remaining 25% of Salobro Project that it does not own from IMS. | |||
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INTERNATIONAL LITHIUM CORP. ("ILC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 15, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 29, 2017:
|
Number of Shares: |
2,250,000 shares |
|
|
Purchase Price: |
$0.20 per share |
|
|
Warrants: |
2,250,000 share purchase warrants to purchase 2,250,000 shares |
|
|
Warrant Exercise Price: |
$0.30 for a two year period |
|
|
Number of Placees: |
9 Placees |
|
|
Insider / Pro Group Participation: |
||
|
Insider=Y / |
||
|
Name |
ProGroup=P |
# of Shares |
|
TNR Gold Corp. ("TNR") |
Y |
900,000 |
|
Kirill Klip |
Y |
300,000 |
|
John Wisbey |
Y |
300,000 |
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release dated January 25, 2018 and March 09, 2018 announcing the closing of the private placement and setting out the expiry date of the hold period. 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.
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NATCORE TECHNOLOGY INC. ("NXT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 15, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Feb 27, 2018:
|
Number of Shares: |
1,250,000 shares |
|
Purchase Price: |
$0.07 per share |
|
Warrants: |
1,250,000 share purchase warrants to purchase 1,250,000 shares |
|
Warrant Initial Exercise Price: |
$0.09 |
|
Warrant Term to Expiry: |
3 Years |
|
Number of Placees: |
1 Placee |
|
Finder's Fee: |
|
|
Echelon Wealth Partners Inc. |
$6,125.00 cash; 87,500 warrants |
|
Finder Warrant Initial Exercise Price: |
$0.09 |
|
Finder Warrant Term to Expiry: |
3-year term |
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.
The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantee the accuracy or completeness of the information contained in this document. Readers should consult the issuer's continuous disclosure record for complete details of the transaction.
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PLATEAU ENERGY METALS INC. ("PLU")
[formerly Plateau Uranium Inc. ("PLU")]
BULLETIN TYPE: Name Change
BULLETIN DATE: March 15, 2018
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders March 8, 2018, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening on Friday, March 16, 2018, the common shares of Plateau Energy Metals Inc. will commence trading on TSX Venture Exchange and the common shares of Plateau Uranium Inc. will be delisted. The Company is classified as a 'Mining' company.
|
Capitalization: |
Unlimited |
shares with no par value of which |
|
65,026,686 |
shares are issued and outstanding | |
|
Escrow: |
Nil |
shares |
|
Transfer Agent: |
TSX Trust Company | |
|
Trading Symbol: |
PLU |
(UNCHANGED) |
|
CUSIP Number: |
72764B100 |
(NEW) |
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PLATFORM EIGHT CAPITAL CORP. ("PEC.P")
BULLETIN TYPE: Halt
BULLETIN DATE: March 15, 2018
TSX Venture Tier 2 Company
Effective at 5.44 a.m. PST, March 15, 2018, trading in the shares of the Company was halted at the request of the Company, 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.
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RMR SCIENCE TECHNOLOGIES INC. ("RMS.P")
BULLETIN TYPE: Halt
BULLETIN DATE: March 15, 2018
TSX Venture Tier 2 Company
Effective at 5.00 a.m. PST, March 15, 2018, trading in the shares of the Company was halted due to pending closing; 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.
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THE WESTAIM CORPORATION ("WED")("WED.PR.A")
BULLETIN TYPE: New Listing-Preferred Shares
BULLETIN DATE: March 15, 2018
TSX Venture Tier 1 Company
New Listing-Preferred Shares
The 5% Subordinate Preferred Securities (the "Preferred Shares") of the Company will be listed and admitted to trading on the TSX Venture Exchange, on the effective date as stated below.
|
Commencement date: |
At the opening on Friday, March 16, 2018, the Preferred Shares will commence trading on TSX Venture Exchange. |
|
Corporate Jurisdiction: |
Alberta |
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Capitalization: |
5,000,000 Preferred Shares will be issued and outstanding |
|
Transfer Agent: |
Computershare Investor Services Inc. |
|
Trading Symbol: |
WED.PR.A |
|
CUSIP Number: |
956909AA3 |
The Preferred Shares were issued in the principal amount of $10 each.
The Preferred Shares are non-convertible. The Preferred Shares were issued under an indenture dated June 2, 2017 between the Company and Computershare Trust Company of Canada (the "Indenture"). The Indenture is available at www.SEDAR.com.
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Dividend (Interest): |
A quarterly interest payment is payable on the 15th day of the month following each of March 31, June 30, September 30 and December 31 in each year. The annual interest payment is $0.50 per Preferred Share. The interest payment applicable to a given quarter will be calculated using the daily interest amount multiplied by the actual number of days in that quarter. The initial dividend was approximately $0.03973 per Preferred Shares payable on July 17, 2017 to holders of record on June 30, 2017. |
|
Redemption: |
The Preferred Share are redeemable upon a Change of Control on terms as set-out in the Indenture. The Preferred Shares are also redeemable at the Company's election at any time on or after June 2, 2020 and prior to June 2, 2022, provided the Current Market Price of the common shares of the Company is at least $5.60. The Preferred Shares are not otherwise redeemable prior to June 2, 2022 except in connection with a Change of Control. |
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VOLT ENERGY CORP ("VOLT")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 15, 2018
TSX Venture Tier 2 Company
Effective at 5.00 a.m. PST, March 15, 2018, shares of the Company resumed trading, an announcement having been made.
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NEX COMPANIES
KINGSLAND ENERGY CORP. ("KLE.H")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 15, 2018
NEX Company
Effective at 12.30 p.m. PST, March 14, 2018, shares of the Company resumed trading, an announcement having been made.
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SOURCE TSX Venture Exchange
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