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Friday, November 27, 2009
TSX Venture Exchange Daily Bulletins
Comtex
VANCOUVER, Nov. 27, 2009 (Canada NewsWire via COMTEX) ----
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TSX VENTURE COMPANIES
ABODE MORTGAGE HOLDINGS CORP. ("ABD")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
Effective at 8:00 a.m. PST, November 27, 2009, shares of the Company
resumed trading, an announcement having been made over Marketwire.
TSX-X
--------------------------------
AEROMECHANICAL SERVICES LTD. ("AMA")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced November 16, 2009:
Number of Shares: 16,000,000 shares
Purchase Price: $0.50 per unit
Warrants: 8,000,000 share purchase warrants to purchase
8,000,000 shares
Warrant Exercise Price: $0.75 per share for a period of two years
Number of Placees: 45 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Units
Bill Tempany Y 1,062,628
Laura Tempany Y 137,375
Gary Singh P 325,000
Estate of Tom Kilish P 125,000
James Stewart P 20,000
Chris Wardle P 30,000
Agent's Fee: Max Capital Markets - $569,350.04 cash and
803,600 Agent's Options
Canaccord Capital Corp. - $32,849.96 cash and
140,000 Agent's Options
Research Capital Corp. - $18,150.00 cash and
84,700 Agent's Options
Boulder Investment Partners Limited - $19,650
cash and 91,700 Agent's Options
Each Agent Option is exercisable at a price of
$0.50 per share for a period of 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).
TSX-X
--------------------------------
ARCAN RESOURCES LTD. ("ARN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 27, 2009
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced November 23, 2009:
Number of Shares: 1,071,500 flow-through shares
Purchase Price: $1.40 per share
Number of Placees: 1 placee
No Insider/Pro Group Participation
Advisory Fee: $45,003 cash payable to Wellington West Capital
Markets 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).
TSX-X
--------------------------------
ATLANTA GOLD INC. ("ATG")
BULLETIN TYPE: Private Placement- Non Brokered
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced on October 13, 2009:
Number of Shares: 6,619,000 shares
Purchase Price: $0.12 per share
Number of Placees: 44 placees
Insider/Pro Group Participation: Nil
Finder's Fee: $32,726.40 and 272,720 finder's options to Leede
Financial Markets Inc.
$16,320.00 and 136,000 finder's options to
Raymond James Ltd.
$2,179.20 and 18,160 finder's options to Jones,
Gable & Co. Ltd.
$960.00 and 8,000 finder's options to Research
Capital Corporation
Each option is exercisable into 1 common share
at $0.13 per share for 12 months from closing.
The private placement has closed. 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).
TSX-X
--------------------------------
BEACON ACQUISITION PARTNERS INC. ("BAP.P")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
Further to the Exchange's Bulletins of November 3, 2008 and March 6, 2009
and the Company's press release of April 24, 2009 the Company which is a
Capital Pool Company ('CPC') is required to complete a Qualifying Transaction
('QT') by December 29, 2009.
The records of the Exchange indicate that the Company has not yet
completed a QT. If the Company fails to complete a QT by December 29, 2009 the
Company's trading status may be changed to a halt or suspension without
further notice, in accordance with Exchange Policy 2.4 Section 14.6.
TSX-X
--------------------------------
CAGIM REAL ESTATE CORPORATION ("CIM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to
the acquisition of all issued and outstanding Category A Shares of Albatros
Inc., a non-arm's length company owning a commercial real estate property near
Qu�bec City, for a total consideration of $2,500,000, comprised of $110,000 in
cash, assumption of a $1,690,000 hypothec on the property and 1,400,000 common
shares at a deemed price of $0.50 per share.
Insider/Pro Group Participation:
Insider equals Y/
Name Pro Group equals P Number of Shares
Alain Larochelle Y 116,666
Fonds FBL Inc.
(Guy Boutin) Y 233,333
Gestion Best Inc.
(St�phane Beshro) Y 233,333
For further information, please refer to the Company's press releases
dated October 2 and November 10, 2009.
CORPORATION IMMOBILIÈRE CAGIM ("CIM")
TYPE DE BULLETIN : Convention d'achat de propri�t�, d'actif ou d'actions
DATE DU BULLETIN : Le 27 novembre 2009
Soci�t� du groupe 2 de TSX Croissance
Bourse de croissance TSX a accept� le d�pôt de documents relativement �
l'acquisition de toutes les actions de cat�gorie A �mises et en circulation de
la soci�t� immobili�re Albatros inc., une soci�t� ne traitant pas � distance
de la soci�t�, d�tenant un site immobilier commercial situ� pr�s de la ville
de Qu�bec, pour une consid�ration totale de 2 500 000 $ comprenant un paiement
de 110 000 $ en esp�ces, la prise en charge d'une hypoth�que immobili�re de 1
690 000 $ ainsi que l'�mission de 1 400 000 actions ordinaires au prix r�put�
de 0,50 $ l'action.
Participation Initi�/Groupe Pro :
Initi� �gale Y/
Nom Groupe Pro �gale P Nombre d'actions
Alain Larochelle Y 116 666
Fonds FBL Inc.
(Guy Boutin) Y 233 333
Gestion Best Inc.
(St�phane Beshro) Y 233 333
Pour de plus amples renseignements, veuillez vous r�f�rer aux communiqu�s
de presse de la soci�t� dat�s du 2 octobre et 10 novembre 2009.
TSX-X
--------------------------------
EXPLOR RESOURCES INC. ("EXS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 27, 2009
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 one claim in the Midlothian Township, located in the Larder
Lake Mining Division, District of Cochrane, Province of Ontario (the
"Property").
Under the agreement, the Company may exercise its option in consideration
of $6,000 in cash and 60,000 common shares, payable 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
November 20, 2009.
RESSOURCES EXPLOR INC. ("EXS")
TYPE DE BULLETIN : Convention d'achat de propri�t�, d'actif ou d'actions
DATE DU BULLETIN : Le 27 novembre 2009
Soci�t� du groupe 2 de TSX Croissance
Bourse de croissance TSX a accept� le d�pôt d'une convention de vente
n�goci�e � distance en vertu de laquelle Ressources Explor inc. (la "soci�t�")
a acquis un int�rêt de 100 % dans un claim minier situ� dans le canton de
Midlothian, dans le camp minier de Larder Lake, et situ� dans le district de
Cochrane, province de l'Ontario.
La contrepartie est de 6 000 $ en esp�ces et 60 000 en action ordinaires,
payable lors de la signature.
Le vendeur a conserv� une redevance NSR de 2 % dans la propri�t� dont 50 %
(1 %) peut être rachet�e pour un montant de 1 000 000 $
Pour plus d'information, veuillez vous r�f�rer au communiqu� de presse
�mis par la soci�t� le 20 novembre 2009.
TSX-X
--------------------------------
FAIRMOUNT ENERGY INC. ("FMT")
BULLETIN TYPE: Delist-Offer to Purchase
BULLETIN DATE: November 27, 2009
TSX Venture Tier 1 Company
Effective at the close of business, November 30, 2009, the common shares
of Fairmount Energy Inc. will be delisted from TSX Venture Exchange. The
delisting of the Company's shares results from Delphi Energy Corp. ("Delphi")
purchasing 100% of the Company's shares pursuant to an Offer to a Purchase
dated August 28, 2009 and a subsequent Acquisition Transaction to acquire the
remaining shares. Fairmount shareholders will receive .3571 shares of Delphi
for every 1 share held. For further information please refer to the Delphi
take-over bid circular dated August 28, 2009 and the company's news release
dated October 20, 2009 and November 26, 2009.
TSX-X
--------------------------------
FIBER OPTIC SYSTEMS TECHNOLOGY, INC. ("FOX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
Effective at 7:45 a.m. PST, November 27, 2009, shares of the Company
resumed trading, an announcement having been made over Canada News Wire.
TSX-X
--------------------------------
HORSESHOE GOLD MINING INC. ("HSX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced November 6, 2009:
Number of Shares: 11,000,000 shares
Purchase Price: $0.025 per share
Warrants: 11,000,000 share purchase warrants to purchase
11,000,000 shares
Warrant Exercise Price: $0.05 for a one year period
$0.10 in the second year
Number of Placees: 8 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
James E. McInnes Y 1,000,000
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
--------------------------------
JJR IV ACQUISITION INC. ("JJV.P")
BULLETIN TYPE: Halt
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
Effective at the opening, November 27, 2009, 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
--------------------------------
JJR IV ACQUISITION INC. ("JJV.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated November 27, 2009,
effective at 8:04 a.m. PST, November 27, 2009 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
--------------------------------
JOURDAN RESOURCES INC. ("JRN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to
a Property Acquisition Agreement dated November 18, 2009, whereby the Company
has acquired 100% of the Vendor's interest in the 33 claims of the Baude Lake
Rare Earth Elements Property located in the Mauricie region, in the province
of Quebec.
Under the terms of the Agreement, the Company is required to issue a total
of 500,000 shares, and make a cash payment $5,000 within the first year of
signing the Agreement.
The Company will also be required to pay a net smelter royalty of 2 %,
half of which (1%) may be purchased for a $1,000,000 payment.
For further information, please refer to the Company's press release dated
November 19, 2009.
RESSOURCES JOURDAN INC. ("JRN")
TYPE DE BULLETIN : Convention d'achat de propri�t�, d'actif ou d'actions
DATE DU BULLETIN : Le 27 novembre 2009
Soci�t� du groupe 2 de TSX Croissance
Bourse de croissance TSX a accept� le d�pôt de documents en vertu d'une
convention d'achat de propri�t� dat�e du 18 novembre 2009 selon laquelle la
soci�t� a acquis 100 % de l'int�rêt du vendeur dans les 33 claims de la
propri�t� de Lac Baude Rare Earth Elements, situ�s dans la r�gion de la
Mauricie dans la province de Qu�bec.
Selon les termes de l'entente, la soci�t� doit �mettre un total de 500 000
actions, ainsi que d'effectuer un paiement en esp�ces de 5 000 $ pendant la
premi�re ann�e lors de la signature de l'entente.
La soci�t� devra �galement payer une royaut� �quivalente � 2 % du produit
brut de fonderie dont la moiti� (1 %) peut être rachet�e pour un montant de 1
000 000 $.
Pour plus d'information, veuillez vous r�f�rer au communiqu� de presse
�mis par la soci�t� le 19 novembre 2009.
TSX-X
--------------------------------
MEDICAGO INC. ("MDG.R")
BULLETIN TYPE: Halt
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
Effective at the opening, November 27, 2009, trading in the shares of the
Company was halted pending confirmation of 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.
TSX-X
--------------------------------
MEDICAGO INC. ("MDG.R")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
Effective at 8:15 a.m. PST, November 27, 2009, shares of the Company
resumed trading, an announcement having been made over Canada News Wire.
TSX-X
--------------------------------
MEDICAGO INC. ("MDG")("MDG.R")
BULLETIN TYPE: Prospectus-Subscription Receipt Offering, New Listing-
Subscription Receipts
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
Reference is made to our bulletin dated November 26, 2009, with respect to
the Company's prospectus offering dated November 19, 2009.
We have received confirmation that the closing has occurred.
The underwriters have exercised their over-allotment option in full,
bringing the total gross proceeds received by the Company for the offering
from $10,080,000 to $11,592,000. A total of 16,100,000 subscription receipts
(the "Receipts") were issued at a price of $0.72 per Receipt. Each Receipt
represents the right to receive one unit of the Company (the "Units") upon the
earlier of (the "Conversion Date"): (a) the date on which Philip Morris
Products, S.A. ("PMP") refuses to exercise a pre-emptive right pursuant to a
representation right and pre-emptive right agreement of October 21, 2008, (b)
the date on which PMP subscribes to units of the Company pursuant to its
pre-emptive right, or (c) December 15, 2009. Each Unit will consist of one
common share of the Company and one-half of one warrant, each whole warrant
giving the right to purchase one additional share at the exercise price of
$1.00 per share for a period of 12 months from the closing date.
The Receipts of the Company that were issued pursuant to the prospectus of
November 19, 2009, commenced trading today Friday, November 27, 2009.
MEDICAGO INC. ("MDG") ("MDG.R")
TYPE DE BULLETIN : Émission de recus de souscription par prospectus,
Nouvelle inscription - recus de souscription
DATE DU BULLETIN : Le 27 novembre 2009
Soci�t� du groupe 2 de TSX Croissance
La pr�sente fait r�f�rence � notre bulletin dat� du 26 novembre 2009
relativement au placement de la soci�t� par voie de prospectus dat� du 19
novembre 2009.
Nous avons recu confirmation que la clôture a �t� effectu�e.
Les preneurs fermes ont exerc� pleinement leur option d'attribution
exc�dentaire, portant ainsi le produit brut du placement d'un montant de 10
080 000 $ � un montant de 11 592 000 $. Un total de 16 100 000 recus de
souscription (les "recus") ont �t� �mis � un prix de 0,72 $ par recu. Chaque
recu repr�sente le droit de recevoir une unit� de la soci�t� (les "unit�s") �
la premi�re des �ventualit�s suivantes (la "date de conversion"): (a) la date
� laquelle Philip Morris Participations B.V. ("PMP") refuse d'exercer un droit
pr�f�rentiel de souscription en vertu d'une entente conclue en date du 21
octobre 2008, (b) la date � laquelle PMP souscrit des unit�s de la soci�t� aux
termes de son droit pr�f�rentiel de souscription, ou c) le 15 d�cembre 2009.
Chaque unit� est compos�e d'une action ordinaire de la soci�t� et d'un
demi-bon de souscription d'actions ordinaires, chaque bon de souscription
entier donnant le droit d'acqu�rir une action ordinaire additionnelle au prix
d'exercice de 1,00 $ pendant une p�riode de 12 mois suivant la clôture du
placement.
Cons�quemment, les recus de la soci�t� qui ont �t� �mis en vertu du
prospectus dat� du 19 novembre 2009 ont �t� admis � la n�gociation aujourd'hui
le vendredi le 27 novembre 2009.
TSX-X
--------------------------------
MESA URANIUM CORP. ("MSA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced November 10, 2009:
Number of Shares: 1,000,000 shares
Purchase Price: $0.20 per share
Warrants: 500,000 share purchase warrants to purchase
500,000 shares
Warrant Exercise Price: $0.30 for a two year period
Number of Placees: 1 placee
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P No. of Shares
Pinetree Resource
Partnership
(Pinetree Capital
Ltd., a TSX
listed co.) Y 1,000,000
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
--------------------------------
METALLUM RESOURCES INC. ("MRV")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement, Remain
Halted
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to an
acquisition agreement (the "Agreement") dated August 20, 2009, between
Trelawney Mining and Exploration Inc. ("Trelawney") and Metallum Resources
Inc. (the "Company"). Pursuant to the Agreement, the Company shall dispose of
its 92.5% interest in the Young-Shannon Property (the "Property"), located in
Chester Township, Ontario.
As consideration for the Property, Trelawney shall issue 5,000,000 common
shares to the Company. The Company shall also retain a 1% net smelter return
royalty on the Property, payable to the Company when the monthly average gold
price exceeds USD$1,000 per ounce.
For more information, refer to the company's news release dated August 21,
2009.
TSX-X
--------------------------------
NEVADO VENTURE CAPITAL CORPORATION ("NVD.P")
BULLETIN TYPE: Miscellaneous, Remain Halted
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
Further to the Exchange's Bulletins of November 3, 2008 and March 6, 2009
and the Company's press release of June 30, 2009, the Company which is a
Capital Pool Company ('CPC') is required to complete a Qualifying Transaction
('QT') by December 28, 2009.
The records of the Exchange indicate that the Company has not yet
completed a QT. If the Company fails to complete a QT by December 28, 2009,
the Company's trading status may be changed to a suspension without further
notice, in accordance with Exchange Policy 2.4 Section 14.6.
Further to TSX Venture Exchange Bulletin dated November 11, 2009, trading
in the shares of the Company will remain halted.
TSX-X
--------------------------------
ORBITE V.S.P.A. INC. (EXPLORATION) ("ORT.A")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with
respect to a Non-Brokered Private Placement announced on November 24, 2009.
Convertible Debentures: $1,000,000
Conversion Price: Principal is convertible into common shares as
of November 17, 2011, at a conversion price
equal to the greater of: (i) the average closing
price of the Company's listed shares for the 10
trading days immediately preceding the
conversion and (ii) $0.75 per share over the
remainder of the term of the Private Placement.
Maturity date: November 17, 2014
Interest Rate: 2.25%
Number of Placees: 1 placee
The Company has announced the closing of the transaction by way of a press
release.
EXPLORATION ORBITE V.S.P.A. INC. ("ORT.A")
TYPE DE BULLETIN: Placement priv� sans l'entremise d'un courtier,
D�benture convertible
DATE DU BULLETIN: Le 27 novembre 2009
Soci�t� du groupe 2 de TSX Croissance
Bourse de croissance TSX a accept� le d�pôt de la documentation en vertu
d'un placement priv� sans l'entremise d'un courtier, tel qu'annonc� le 24
novembre 2009.
D�bentures convertibles: 1 000 000 $
Prix de conversion : Le capital est convertible en actions
ordinaires d�s le 17 novembre 2011 � un prix
de conversion �gal au prix le plus �lev�
entre : (i) le prix moyen lors de la clôture
pendant les 10 jours de transaction pr�c�dent
directement la conversion et (ii) 0,75 $ par
action jusqu'� la fin du terme du placement
priv�.
Date d'�ch�ance : Le 17 novembre 2014
Taux d'int�rêt : 2,25 %
Nombre de souscripteurs : 1 souscripteur
La soci�t� a confirm� la clôture de l'op�ration par voie d'un communiqu�
de presse.
TSX-X
--------------------------------
PAREX RESOURCES INC. ("PXT.WT")
BULLETIN TYPE: Warrant Expiry-Delist
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
Effective at the opening, December 1, 2009, the Share Purchase Warrants of
the Company will trade for cash. The Warrants expire December 6, 2009 and will
therefore be delisted at the close of business December 4, 2009.
TRADE DATES
December 1, 2009 - TO SETTLE - December 2, 2009
December 2, 2009 - TO SETTLE - December 3, 2009
December 3, 2009 - TO SETTLE - December 4, 2009
December 4, 2009 - TO SETTLE - December 4, 2009
The above is in compliance with Trading Rule C.2.18 - Expiry Date:
Trading in the warrants shall be for cash for the three trading days
preceding the expiry date and also on expiry date. On the expiry date, trading
shall cease at 4:p.m. E.T. and no transactions shall take place thereafter
except with permission of the Exchange.
TSX-X
--------------------------------
PERSHIMCO RESOURCES INC. ("PRO")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to
an Agreement dated November 14, 2009, between the Company and Groupe Leblanc
and an Agreement dated November 15, 2009, between the Company and Mr. Jean
Robert, in connection with the acquisition of 96 claims on the Amos-Barraute
axis, expanding its Courville project in Abitibi.
Pursuant to the Agreement entered into with the Leblanc Group on November
14, 2009, 91 claims have been acquired at a deemed purchase price of $50,000,
payable through the issuance of 500,000 Class "A" shares (the "Common Shares")
of the Company at a price of $0.10 per Common Share. The claims are subject to
a net smelter return of 2%. Under the purchase agreement, 1% can be reacquired
by the Company for an amount of $500,000.
Pursuant to the Agreement entered into with Mr. Jean Robert on November
15, 2009, five (5) claims have been acquired at a deemed purchase price of
$15,000, payable through the issuance of 100,000 Common Shares at a price of
$0.10 per Common Share and the remaining $5,000 payable in cash. The claims
are subject to a net smelter return of 1% that can be completely reacquired by
the corporation for the amount of $200,000.
For further information, please refer to the Company's press release dated
November 17, 2009.
RESSOURCES PERSHIMCO INC. ("PRO")
TYPE DE BULLETIN : Convention d'achat de propri�t�, d'actif ou d'actions
DATE DU BULLETIN : Le 27 novembre 2009
Soci�t� du groupe 2 de TSX Croissance
Bourse de croissance TSX a accept� le d�pôt de documents en vertu d'une
convention dat�e du 14 novembre 2009, entre la soci�t� et Groupe Leblanc et
une convention dat�e du 15 novembre 2009, entre la soci�t� et M. Jean Robert,
relativement � l'acquisition de 96 claims dans l'axe Amos-Barraute,
agrandissant sa propri�t� Courville en Abitibi.
En vertu de l'entente intervenue avec Groupe Leblanc le 14 novembre 2009,
91 claims ont �t� acquis au prix r�put� de 50 000 $, payable par l'�mission de
500 000 actions de cat�gorie "A" de la soci�t� (les "Actions ordinaires") au
prix r�put� de 0,10 $ l'Action ordinaire. Les claims sont sujets � une
redevance �quivalente � 2 % du montant net recu par la Soci�t� de l'affinage
de tout minerai provenant des claims (Net Smelter Return). La Soci�t� aura
l'option de r�duire la redevance pr�vue � 1 % contre le paiement d'une somme
de 500 000 $.
En vertu de l'entente intervenue avec M. Jean Robert le 15 novembre 2009,
cinq (5) claims ont �t� acquis au prix r�put� de 15 000 $, payable par
l'�mission de 100 000 Actions ordinaires au prix de 0,10 $ l'Action ordinaire,
avec le solde de 5 000 $ payable comptant. Les claims sont sujets � une
redevance �quivalente � un 1 % du montant net recu par la Soci�t� de
l'affinage de tout minerai provenant des claims (Net Smelter Return). La
Soci�t� aura l'option de racheter compl�tement la redevance contre le paiement
d'une somme de 200 000 $.
Pour plus d'information, veuillez r�f�rer au communiqu� de presse �mis par
la soci�t� le 17 novembre 2009.
TSX-X
--------------------------------
O2 CAPITAL INC. ("OCA.P")
BULLETIN TYPE: Halt
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
Effective at the opening, November 27, 2009, 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
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SANDSPRING RESOURCES LTD. ("SSP")
(formerly Sandspring Resources Ltd. ("SSP.P"))
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Private
Placement Brokered, Private Placement Non- Brokered, Company Tier
Reclassification, Resume Trading
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's Qualifying
Transaction described in its Prospectus dated November 13, 2009 which has been
filed with and accepted by the Alberta Securities Commission, British Columbia
Securities Commission, Ontario Securities Commission and the Saskatchewan
Financial Services Commission. As a result, at the opening Monday, November
30, 2009, the Company will no longer be considered a Capital Pool Company and
trading in the shares of the Company will resume. The Qualifying Transaction
includes the following:
Qualifying Transaction - Completed:
Pursuant to an arms length Acquisition Agreement dated May 11, 2009, as
amended, the Company has acquired all of the issued and outstanding shares of
GoldHeart Investment Holdings Ltd. ("GoldHeart"). As consideration, the
shareholders of GoldHeart were issued 38,156,288 shares of Sandspring at a
deemed price of $0.6552 per share for a total deemed consideration of
$25,000,000. 31,280,732 of the Sandspring shares issued to the former
shareholders of GoldHeart will be subject to a TSX Venture Exchange Tier 1
Value Security escrow agreement.
The Company is classified as a "Gold and Silver Ore Mining" company.
Private Placement- Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 1, 2009.
Number of Shares: 500,000
Purchase Price: $0.50 per share
Number of Placees: Five placees
No Insider/Pro Group Participation.
Private Placement - Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced July 28, 2009.
Number of
Subscription Receipts: 17,143,000
Purchase Price: $0.35 per Subscription Receipt exchangeable into
1.1 common share (18,857,300 in the aggregate)
and 0.55 warrant
Warrants: 9,428,650 share purchase warrants to purchase
9,428,650 Class A common shares
Exercise Price: $0.50 per share for a period of thirty six
months from the date of closing
Number of Placees: 80
Agents: Research Capital Corporation
Richardson GMP Limited
Agents' Commission: 8% of the gross proceeds pursuant to the
offering
Agents' Options: 1,714,300 non-transferable compensation option
receipts exchangeable into compensation options
One option to purchase one unit at $0.35 for a
period of twenty four months.
Insider/Pro Group Participation:
Name Insider equals Y/ No. of
Pro Group equals P Subscription Receipts
John Metcalfe P 250,000
Howard Katz P 340,000
Brian Butterworth P 30,000
David Keating P 65,373
Darrin Hopkins P 25,000
Tony Kinnon P 60,000
Grace Hensel P 100,000
Scott Hunter P 100,000
723775 Alberta Ltd. P 28,900
(Michael Irwin)
Gordon Medland P 20,000
Abraham Drost Y 200,000
Insider/Pro Group Participation:
Name Insider equals Y/ No. of
Pro Group equals P Common Shares
John Adams Y 315,702
Charles Gryba Y 140,000
Mark Maier Y 300,000
Crescent Global
Gold Ltd. Y 30,525,030
The principal shareholder of Crescent Global Gold Ltd. is Crescent Global
Resources (73%). Crescent Global Resources is owned 36.33% by John Adams,
25.02% by Gregory Graham and five trusts own the remaining 38.65%.
For a complete description of the Qualifying Transaction, the related
transactions, and the business of the Company please refer to the Prospectus
of the Company dated November 13, 2009, as filed on SEDAR.
The Exchange has been advised that the above transactions have been
completed.
Capitalization: Unlimited common shares with no par value of
which
71,358,360 shares are issued and outstanding
Escrow: 33,280,732 shares
Symbol: SSP (same symbol as CPC but with .P
removed)
Company Tier Reclassification:
In accordance with Policy 2.5, the company has met the requirements for a
Tier 1 company. Therefore, effective at opening November 30, 2009 the
company's Tier classification will change from Tier 2 to Tier 1.
TSX-X
--------------------------------
SKYLINE GOLD CORPORATION ("SK")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation
pertaining to a letter agreement dated November 16, 2009 between Charles
Chebry and Skyline Gold Corporation (the 'Company') pursuant to which the
Company may acquire a 100% interest in 4 mineral claims located Liard Mining
Division, British Columbia. The consideration is as follows:
CUMULATIVE WORK
DATE CASH SHARES EXPENDITURES
Upon execution of agreement $50,000
On or before November 17, 2010 $75,000 or 300,000 $50,000
On or before November 17, 2011 $500,000
TSX-X
--------------------------------
TOUCHDOWN CAPITAL INC. ("TDW")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an agreement dated October
16, 2009 between Jevin Werbes and the Company. The Company has acquired a 100%
interest, subject to a 2% NSR Royalty in 15 mineral claims located in the
Caribou Mining Division. In consideration the Company will pay $60,000 cash
and issue 1,200,000 shares as follows:
- $10,000 upon execution of the agreement;
- $25,000 and 600,000 shares upon Exchange acceptance;
- $12,500 six months after Exchange acceptance; and
- $12,500 and 600,000 shares 12 months after Exchange acceptance.
The Company has the option to acquire 1% of the NSR Royalty for
$1,000,000, a further 0.5% for $500,000 and the final 0.5% for $700,000 within
one year of the commencement of commercial production from the claims.
TSX-X
--------------------------------
TRELAWNEY MINING AND EXPLORATION INC. ("TRR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to an
acquisition agreement (the "Agreement") dated August 20, 2009, between
Metallum Resources Inc. ("Metallum") and Trelawney Mining and Exploration Inc
(the "Company"). Pursuant to the Agreement, the Company shall acquire a 92.5%
interest in the Young-Shannon Property (the "Property"), located in Chester
Township, Ontario.
As consideration for the Property, the Company shall issue 5,000,000
common shares to Metallum. Metallum shall also retain a 1% net smelter return
royalty on the Property, payable to Metallum when the monthly average gold
price exceeds USD$1,000 per ounce.
For more information, refer to the Company's news release dated August 24,
2009.
TSX-X
--------------------------------
ULTRA LITHIUM INC. ("ULI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Amendment
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated October 2, 2009 the
transaction includes a finder's fee of $14,440 cash and 40,000 shares to be
paid to Modaven Capital Corp. (Charles Ross) over three years.
TSX-X
--------------------------------
UNITED PROTECTION SECURITY GROUP INC. ("UZZ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced October 15, 2009:
Number of Shares: 3,000,000 Units
Each Unit consists of one common share and one
half of one common share purchase warrant
Purchase Price: $0.10 per Unit
Warrants: 1,500,000 share purchase warrants to purchase
1,500,000 shares
Warrant Exercise Price: $0.125 for up to 60 months from date of issuance
Number of Placees: 1 placee
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
S.D. Jorstad Y 3,000,000
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).
TSX-X
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VIOR INC. (SOCIÉTÉ D'EXPLORATION MINIÈRE) ("VIO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with
respect to a Non-Brokered Private Placement announced on November 23, 2009:
Number of Shares: 1,153,846 flow-through common shares
Purchase Price: $0.13 per flow-through common share
Number of Placees: 1 placee
Finders' Fees: Anthem Capital Group Inc. and Barrington Capital
Corp. respectively received $5,250 and $5,249.93
in cash and 40,384 each in finders' warrants.
Each warrant entitles the Holder to purchase one
common share of the Company at an exercise price
of $0.13 per share over a period of 24 months
following the closing of the Private Placement.
The Company has confirmed the closing of the above-mentioned Private
Placement.
VIOR INC. (SOCIÉTÉ D'EXPLORATION MINIÈRE) ("VIO")
TYPE DE BULLETIN : Placement priv� sans l'entremise d'un courtier
DATE DU BULLETIN : Le 27 novembre 2009
Soci�t� du groupe 2 de TSX Croissance
Bourse de croissance TSX a accept� le d�pôt de la documentation en vertu
d'un placement priv� sans l'entremise d'un courtier, tel qu'annonc� le 23
novembre 2009 :
Nombre d'actions : 1 153 846 actions ordinaires accr�ditives
Prix : 0,13 $ par action ordinaire accr�ditive
Nombre de souscripteurs : 1 souscripteur
Honoraires
d'interm�diation : Anthem Capital Group inc. et Barrington
Capital Corp. ont chacun respectivement recu
5 250 $ et 5 249,93 $ en esp�ces ainsi que
40 384 bons de souscription. Chaque bon de
souscription permet au titulaire de souscrire
� une action ordinaire au prix d'exercice de
0,13 $ l'action pendant une p�riode de 24
mois suivant la clôture du placement priv�.
La soci�t� a confirm� la clôture du placement priv� pr�cit�.
TSX-X
--------------------------------
WHITE PINE RESOURCES INC. ("WPR")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: November 27, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the extension in the expiry date of
the following warrants:
Private Placement:
No. of Warrants: 4,275,000
Original Expiry Date of Warrants: December 23, 2009
New Expiry Date of Warrants: December 23, 2010
Exercise Price of Warrants: $0.35
These warrants were issued pursuant to a private placement of 4,275,000
flow-through shares with 4,275,000 share purchase warrants attached, which was
accepted for filing by the Exchange effective December 29, 2008.
TSX-X
--------------------------------
NEX COMPANIES
SUB CAPITAL INC. ("SUB.H")
BULLETIN TYPE: Consolidation, Amendment
BULLETIN DATE: November 27, 2009
NEX Company
AMENDMENT:
Further to the TSX Venture Exchange Bulletin dated November 24, 2009, the
Exchange has accepted an amendment with respect to a Consolidation. The total
number of shares outstanding post-consolidation is 3,118,498.
TSX-X
--------------------------------
TROY ENERGY CORP. ("TEG.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 27, 2009
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced September 22, 2009:
Number of Shares: 6,000,000 shares
Purchase Price: $0.05 per share
Number of Placees: 12 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
James Wallace Owen Y 100,000
George F. Jones Y 100,000
Raymond J. Hodgkinson Y/P 200,000
Derek Batorowski P 400,000
William R. MacNeill Y 2,000,000
49 North Resources Inc. Y 2,000,000
Helen Mason P 100,000
535881 BC Ltd. P 400,000
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
--------------------------------
>>
SOURCE: TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: information@venture.com
Copyright (C) 2009 CNW Group. All rights reserved.
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