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VANCOUVER, Nov. 18 /CNW/ --
TSX VENTURE COMPANIES:
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: November 17, 2009
TSX Venture Companies
A Cease Trade Order has been issued by the BC Securities Commission on
November 17, 2009 against the following companies for failing to file the
documents indicated within the required time period:
Period
Ending
Symbol Tier Company Failure to File (Y/M/D)
CWQ 2 Curlew Lake Resources Inc. Annual Oil and 09/01/31
Gas Disclosure
FTR 2 Firesteel Resources Inc. Annual Oil and 09/01/31
Gas Disclosure
Upon revocation of the Cease Trade Order, the Company's shares will remain
suspended until the Company meets TSX Venture Exchange requirements. Members
are prohibited from trading in the securities of the companies during the
period of the suspension or until further notice.
TSX-X
-------------------------------
ALEXANDRIA MINERALS CORPORATION ("AZX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 18, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation in connection
with a Letter Agreement dated October 5, 2009 between the Company and Niogold
Mining Corporation whereby the Company will participate in the acquisition
cost of 4 Ferderber claims located in Val d'Or, Quebec that was accepted for
filing under Niogold's bulletin dated August 28, 2009. These properties will
form part of the Siscoe East Property and will be subject to the terms of the
Option and Joint Venture Agreement dated June 25, 2008 between the Company and
Niogold that was accepted for filing effective July 8, 2008. Consideration
payable by the Company will be $15,000.00 and the issuance of 120,000 common
shares.
TSX-X
-------------------------------
APELLA RESOURCES INC. ("APA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 18, 2009
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced September 30, 2009 and November 3,
2009:
Number of Shares: 4,050,000 shares (of which 3,930,000 are flow-
through)
Purchase Price: $0.125 per share
Warrants: 4,050,000 share purchase warrants to purchase
4,050,000 shares
Warrant Exercise Price: $0.15 for a six month period
$0.20 in the remaining twelve month period
Number of Placees: 16 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Maverick Investment
Corp. (Patrick D.
O'Brien) Y 1,720,000 f/t
David Hamilton Smith P 100,000 f/t
Carlo Rahal P 100,000 f/t
Finders' Fees: Tony Loureiro - $2,000.00
David Bradley - 1,600 units with the same terms
as the offering
Canaccord Capital Corp. - $10,000
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
-------------------------------
BARKER MINERALS LTD. ("BML")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 18, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced September 24, 2009 and November 17,
2009:
Number of Shares: 12,350,000 shares
Purchase Price: $0.05 per share
Warrants: 12,350,000 share purchase warrants to purchase
12,350,000 shares
Warrant Exercise Price: $0.10 for a one year period
$0.15 in the second year
Number of Placees: 20 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Kristian Holding Inc.
(Jerry Kristian, Jr.) Y 2,400,000
Jerry A. Kristian Sr. Y 2,450,000
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
-------------------------------
BENTON RESOURCES CORP. ("BTC")
BULLETIN TYPE: Halt
BULLETIN DATE: November 18, 2009
TSX Venture Tier 1 Company
Effective at 6:55 a.m. PST, November 18, 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
-------------------------------
BENTON RESOURCES CORP. ("BTC")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 18, 2009
TSX Venture Tier 1 Company
Effective at 8:15 a.m., PST, November 18, 2009, shares of the Company
resumed trading, an announcement having been made over Canada News Wire.
TSX-X
-------------------------------
BOLERO RESOURCES CORP. ("BRU")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 18, 2009
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pertaining to
an Agreement (the "Agreement") dated October 7, 2009, between Bolero Resources
Corp. (the "Company"), and two (2) arm's-length parties (collectively the
"Vendors"), whereby the Company can acquire a 100% interest in 11 mining
claims (the "Property"), located in the province of British Columbia.
Under the terms of the Agreement, the Company can earn a 100% interest in
the Property by making a cash payment of $35,000 and issuing 3,000,000 common
shares to the Vendors.
Additionally, the Company may pay a finder's fee of 100,000 common shares
to Bolder Investment Partners, Ltd. in respect of the transaction.
For further details, please refer to the Company's news release dated
October 8, 2009.
TSX-X
-------------------------------
CANADIAN OIL RECOVERY & REMEDIATION ENTERPRISES LTD. ("CVR")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: November 18, 2009
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced June 16, 2009, July 16, 2009, and
August 14. 2009, September 18, 2009, and October 7, 2009:
Convertible Debentures: $4,250,000 and $750,000, for an aggregate of
$5,000,000
Conversion Price: Convertible into one common share at $0.20 per
share of principal outstanding for a one year
period
Maturity date: The $4,250,000 convertible debenture matures one
year from the date of issuance (with a potential
extension of up to six months)
The $750,000 convertible debenture matures one
year from the date of issuance (with a potential
extension of up to one year)
Warrants: 21,250,000 warrants issued to Al-Najah Advanced
Technology Co. Ltd. Each warrant is exercisable,
at the option of Al-Najah Advanced Technology
Co. Ltd., into one share at a price of $0.20 per
share for a one year period only following the
conversion of the Convertible Debenture.
3,750,000 warrants issued to Hassan Dahlawi.
Each warrant will be exercised into one share at
a price of $0.20 per share within a one year
period, in accordance staged-exercises as
disclosed in the Company's press release dated
July 16, 2009.
Interest rate: 10% per annum
Number of Placees: 2 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ Principal Amount
Al-Najah Advanced
Technology Co. Ltd.
(Mohammed M. Binladin) Y $4,250,000
Hassan Dahlawi Y $750,000
Finder's Fee: $140,000 payable to Al-Hamdan Group.
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). The 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
-------------------------------
COMMANDER RESOURCES LTD. ("CMD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 18, 2009
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced September 3, 2009:
Number of Shares: 10,000,000 shares
Purchase Price: $0.12 per share
Warrants: 5,000,000 share purchase warrants to purchase
5,000,000 shares
Warrant Exercise Price: $0.24 for a two year period
Number of Placees: 1 placee
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Ashanti Goldfields
Services Ltd. Y 10,000,000
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
-------------------------------
CREAM MINERALS LTD. ("CMA")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 18, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Option Agreement dated
October 22, 2009 between Cream Minerals Ltd. (the "Company") and W.S. Ferreira
(the "Optionor"), whereby the Company has an option to acquire a 100% interest
in and to the Blue 1 Claim, MG 6219 (the "Blueberry Lake Property") located
approximately 20 kilometers northeast of Flin Flon, Manitoba. In
consideration, the Company will pay the Optionor cash in the amount of
$100,000 ($20,000 in the first year) and issue 400,000 shares (80,000 shares
in the first year) over 5 years. The minimum required exploration expenditures
over the 5-year period are $80,000 ($5,000 in the first year).
TSX-X
-------------------------------
DIAGNOS INC. ("ADK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 18, 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 October 28, 2009:
Number of Shares: 6,000,000 common shares
Purchase Price: $0.20 per common share
Warrants: 3,000,000 warrants to purchase 3,000,000 common
shares
Warrant Exercise Price: $0.30 for a period of two years
Number of Placees: 2 placees
The Company has confirmed the closing of the Private Placement in a news
release dated November 16, 2009.
DIAGNOS INC. ("ADK")
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 18 novembre 2009
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu
d'un placement privé sans l'entremise d'un courtier, tel qu'annoncé le 28
octobre 2009 :
Nombre d'actions : 6 000 000 d'actions ordinaires
Prix : 0,20 $ par action ordinaire
Bons de souscription : 3 000 000 de bons de souscription permettant
de souscrire à 3 000 000 d'actions ordinaires
Prix d'exercice des bons : 0,30 $ pendant une période de deux ans
Nombre de souscripteurs : 2 souscripteurs
La société a confirmé la clôture du placement privé dans un communiqué de
presse daté du 16 novembre 2009.
TSX-X
-------------------------------
FIELDEX EXPLORATION INC. ("FLX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 18, 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 September 30, 2009:
Number of Shares: 11,111,111 common shares
Purchase Price: $0.18 per common share
Warrants: 5,555,555 warrants to purchase 5,555,555 common
shares
Warrants Exercise Price: $0.23 per share until October 29, 2011
Insider/Pro Group Participation:
Insider equals Y/
Name Pro Group equals P Number of Shares
James Blake P 400,000
Spiro Angelos P 300,000
Scot Robinson P 300,000
Jason Monaco P 100,000
Finder's Fee: PowerOne Capital Markets Limited ("PowerOne")
and CIBC Wood Gundy ("CIBC") received a cash
commission of $142,820 and $7,200, respectively.
Further, PowerOne and CIBC respectively received
1,061,111 and 50,000 options to acquire units of
the Private Placement at a price of $0.18 per
unit over a period of two years following the
Closing of the Private Placement. Each unit
consists of one common share and one half of one
common share purchase warrant. Each full warrant
is exercisable into one common share at a price
of $0.23 per share until October 29, 2011.
The Company has confirmed the closing of the above-mentioned Private
Placement by way of a press release dated October 30, 2009.
EXPLORATION FIELDEX INC. ("FLX")
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 18 novembre 2009
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu
d'un placement privé sans l'entremise d'un courtier, tel qu'annoncé le 30
septembre 2009:
Nombre d'actions : 11 111 111 actions ordinaires
Prix : 0,18 $ par action ordinaire
Bons de souscription : 5 555 555 bons permettant d'acquérir
5 555 555 actions ordinaires
Prix d'exercice des bons : 0,23 $ par action jusqu'au 29 octobre 2011
Participation initié/Groupe Pro :
Initié égale Y/
Nom Groupe Pro égale P Nombre d'actions
James Blake P 400 000
Spiro Angelos P 300 000
Scot Robinson P 300 000
Jason Monaco P 100 000
Frais d'intermédiation : PowerOne Capital Markets Limited ("PowerOne")
et CIBC Wood Gundy ("CIBC") ont reçu une
commission en espèces de 142 820 $ et
7 200 $, respectivement. De plus, PowerOne et
CIBC ont respectivement reçus 1 061 111 et
50 000 en options permettant d'acquérir les
unités du placement privé au prix de 0,18 $
l'unité pendant une période de deux ans
suivant la clôture du placement privé. Chaque
unité comprend une action ordinaire et un
demi-bon de souscription. Chaque bon de
souscription entier est exerçable au prix de
0,23 $ l'action jusqu'au 29 octobre 2011.
La société a confirmé la clôture du placement privé par voie de communiqué
de presse le 30 octobre 2009.
TSX-X
-------------------------------
GOLDEN CHALICE RESOURCES INC. ("GCR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 18, 2009
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 October 14,
2009:
Number of Shares: 2,700,000 shares (of which 1,600,000 are flow-
through)
Purchase Price: $0.14 per flow-through share
$0.12 per non-flow-through share
Warrants: 2,700,000 share purchase warrants to purchase
2,700,000 shares
Warrant Exercise Price: $0.15 for a one year period
$0.30 in the second through fourth years
Number of Placees: 16 placees
Finders' Fees: $7,680 payable to Research Capital Corp.
$7,840 payable to Barrington Capital Corp.
$5,940 payable to Wolverton Securities Ltd.
$560 payable to Frank Durant.
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
-------------------------------
GREAT WESTERN MINERALS GROUP LTD. ("GWG")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: November 18, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced October 15, October 26, and November 6,
2009:
Number of Shares: 8,964,886 special warrants
Purchase Price: $0.28 per special warrant
Number of Placees: 26 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Special Warrants
Gary Billingsley Y 250,714
James Engdahl Y 14,285
Richard Hogan Y 89,286
Pearson Exploration
Ltd. (John Pearson) Y 53,571
Audrey McMillan Y 35,715
Ian S. McNaughton Y 25,000
Russell Starr P 92,000
Agent's Fee: $165,645.77 and 591,592 Agent's Warrants payable
to Pope & Company Limited
- Each Agent's Warrant is exercisable for one
common share at a price of $0.28 for a period of
two years from the closing date.
TSX-X
-------------------------------
HEATHERDALE RESOURCES LTD. ("HTR.P")
(formerly Brass Capital Corp. ("BRZ.P"))
BULLETIN TYPE: Name Change and Consolidation, Remain Halted, Correction
BULLETIN DATE: November 18, 2009
TSX Venture Tier 2 Company
Further to the Exchange bulletin dated November 16, 2009, the symbol for
the Company should have read as HTR.P.
TSX-X
-------------------------------
HEATHERDALE RESOURCES LTD. ("HTR")
(formerly Heatherdale Resources Ltd. ("HTR.P"))
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Property-
Asset or Share Purchase Agreement, Private Placement-Brokered, Private
Placement-Non-Brokered, Company Tier Reclassification, Resume Trading
BULLETIN DATE: November 18, 2009
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Inc.'s (the "Exchange") bulletin of
November 16, 2009 the Exchange has accepted for filing Brass Capital Corp.'s
("Brass") (now named Heatherdale Resources Ltd.) Qualifying Transaction
described in a Brass filing statement (the "Filing Statement") dated November
9, 2009. As a result, effective at the open on Thursday, November 19, 2009,
Heatherdale Resources Ltd. will no longer be considered a Capital Pool
Company. The Qualifying Transaction includes the following matters, all of
which have been accepted by the Exchange.
Acquisition of all of the issued and outstanding shares of Heatherdale
Resources Ltd.:
The Exchange has accepted for filing an arrangement agreement (the
"Agreement") dated October 13, 2009 between Brass and Heatherdale Resources
Ltd. ("Heatherdale Privco"), a private company incorporated in British
Columbia, under which Brass agreed to acquire all of the issued and
outstanding shares of Heatherdale Privco by way of a three-cornered
amalgamation between Brass, a wholly-owned subsidiary of Brass and Heatherdale
Privco pursuant to a plan of arrangement. Pursuant to the Agreement, Brass
issued 32,600,001 shares to Heatherdale Privco shareholders in exchange for
all of the issued and outstanding Heatherdale Privco shares.
In June 2009, Heatherdale Privco acquired a 51% interest in the
copper-zinc-gold-silver Niblack Project located on southeast Alaska's Prince
of Wales Island. To retain its 51% interest in the Niblack Project,
Heatherdale Privco is required to incur expenditures of US$15 million over a
three year period to advance mineral exploration and development. Following
this initial US$15 million investment, Heatherdale Privco has an option to
increase its ownership position to 60% by investing an additional US$10
million, and to 70% by funding completion of a feasibility study.
The Niblack Project is a resource delineation stage polymetallic
exploration project located in south eastern Alaska, approximately fifty
kilometres southwest of Ketchikan, Alaska. The project encloses several
polymetallic volcanogenic sulphide occurrences, including two zones named
Lookout and Trio where a previous explorer focussed its drilling efforts.
The Niblack Project presently consists of eighteen patented mineral claims
surrounded by 146 contiguous staked Federal mineral claims, and seven State of
Alaska tideland claims. The total land package covers an aggregate area of
approximately 6,238 acres (about 2,524 hectares). The Niblack Project is in
the Ketchikan Recording District.
The Exchange has been advised that the above transaction has been
completed. The full particulars of the Qualifying Transaction are set forth in
the Filing Statement, which has been accepted for filing by the Exchange and
which is available under the Heatherdale Resources Ltd. profile on SEDAR.
Private Placement-Brokered, Private Placement-Non-Brokered:
In connection with the Qualifying Transaction Heatherdale Privco completed
a brokered private placement of 8,762,000 common shares (the "Heatherdale
Privco Shares") at $1.00 per Heatherdale Privco Share for an aggregate
subscription price of $8,762,000. Heatherdale Privco also completed a
non-brokered private placement of 4,376,500 Heatherdale Privco Shares at a
price per Heatherdale Privco Share of $1.00 for an aggregate subscription
price of $4,376,500. The aggregate 13,138,500 Heatherdale Privco Shares were
exchanged into 13,138,500 common shares in the capital of Brass (the "Common
Shares") in accordance with the plan of arrangement. Also, in connection with
the closing of the plan of arrangement, Brass completed a financing of
3,050,000 Common Shares at a price per Common Share of $0.40 for an aggregate
subscription price of $1,220,000 (see Exchange Bulletin dated November 16,
2009). Those Common Shares were consolidated into 1,220,000 Common Shares on
closing of the Qualifying Transaction. Together Brass and Heatherdale Privco
raised aggregate proceeds of $14,358,500.
In connection with the brokered financing, the agents were paid an
aggregate of $525,000 by Heatherdale Privco and $73,200 by Brass in
commission. Heatherdale Privco also paid the agents $38,500 towards the
agents' expenses. In addition, Heatherdale Privco issued the agents an option
to acquire an aggregate of 162,000 Heatherdale Privco Shares a price per
Heatherdale Privco Share of $1.00 until May 17, 2009 (18 months from the
closing) (the "Broker Warrants"). These 162,000 Broker Warrants were exchanged
into 162,000 warrants in Brass (now named 'Heatherdale Resources Ltd.') on the
closing of the plan of arrangement on terms and conditions similar to the
Broker Warrants.
The Company is classified as a 'Mineral Exploration and Development'
company.
Capitalization: Unlimited shares with no par value of which
47,778,501 shares are issued and outstanding
Escrow: 420,000 common shares are subject to a CPC
Escrow Agreement with an 18-month
staged release escrow, of which
105,000 are authorized to be released on
issuance of this bulletin
9,172,162 common shares are subject to a Value
Security Escrow Agreement 18-month
staged release escrow, of which
2,293,041 are authorized to be released on
issuance of this bulletin
32,600,001 common shares are subject to a
Voluntary Pooling Agreement such
shares to be released as to 25% on
each of the 6, 12, 18 and 24 month
anniversaries of the closing date of
the Qualifying Transaction
Transfer Agent: Computershare Trust Company of Canada
Company Tier Reclassification:
In accordance with Policy 2.5, the Company has met the requirements for a
Tier 1 company. Therefore, effective November 19, 2009, the Company's Tier
classification will change from Tier 2 to:
Classification
Tier 1
Resume Trading:
Effective at the open, Thursday, November 19, 2009, trading in the shares
of the Company will resume.
TSX-X
-------------------------------
MAGELLAN MINERALS LTD. ("MNM")
BULLETIN TYPE: Halt
BULLETIN DATE: November 18, 2009
TSX Venture Tier 2 Company
Effective at the opening, November 18, 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
-------------------------------
MAGELLAN MINERALS LTD. ("MNM")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 18, 2009
TSX Venture Tier 2 Company
Effective at 11:00 a.m., PST, November 18, 2009, shares of the Company
resumed trading, an announcement having been made over Marketwire.
TSX-X
-------------------------------
MILL BAY VENTURES INC. ("MBV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 18, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced September 28, 2009 and amended
September 29, 2009:
Number of Shares: 2,365,000 flow-through shares and 605,556 non
flow-through shares
Purchase Price: $0.05 per flow-through share and $0.045 per non
flow-through share
Warrants: 2,970,556 share purchase warrants to purchase
2,970,556 shares
Warrant Exercise Price: $0.05 for a one year period
Number of Placees: 8 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P No. of Shares
James Stewart Y 405,556 NFT &
365,000 FT
Finder's Fee: $1,400 cash payable to Jatina Froese
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
-------------------------------
MULTIMEDIA NOVA CORPORATION ("MNC.A")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 18, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 1,818,298 shares to settle outstanding debt for $454,584.69.
Number of Creditors: 79 Creditors
Insider/Pro Group Participation:
Deemed
Insider equals Y/ Amount Price No. of
Creditor Progroup equals P Owing per Share Shares
Guy Jarvis Y $10,796.60 $0.25 43,186
Doreen Iannuzzi Y 7,809.39 0.25 31,237
Loredana Abittan Y 20,041.10 0.25 80,164
Joe Mastrogiacomo Y 6,335.01 0.25 25,340
The Company shall issue a news release when the shares are issued and the
debt extinguished.
TSX-X
-------------------------------
ORESTONE MINING CORP. ("ORS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 18, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement dated
November 10, 2009 between Orestone Mining Corp. (the 'Company') and Kootenay
Gold Inc., a TSX Venture listed company, whereby the Company will acquire a
60% interest in the Connor Creek Property located in the Nelson Mining
Division in southeastern British Columbia.
Total consideration consists of issuance of 750,000 shares of the Company
and $2,100,000 in work expenditures as follows:
SHARES WORK EXPENDITURES
Upon Exchange Acceptance 150,000 $0
By November 10, 2010 150,000 $150,000
By November 10, 2011 150,000 $350,000
By November 10, 2012 150,000 $600,000
By November 10, 2013 150,000 $1,000,000
TSX-X
-------------------------------
OREX EXPLORATION INC. ("OX")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: November 18, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to
an arm's length option agreement between the Company and Osisko Mining
Corporation ("Osisko") executed November 11, and effective as of September 29,
2009 (the "Agreement"). Under the Agreement, Osisko is obtaining the option to
acquire up to 60% of the Goldboro Property (the "Property") and surrounding
claims, located in the province of Nova Scotia.
In order to acquire a 50% undivided interest in the Property under the
Agreement, Osisko must incur a minimum of $8,000,000 in expenses during a
minimum period of three years following the date of its signature ($1,500,000
of which must be incurred within the first year). Osisko has also been
required to invest a minimum of $1,300,000, comprised of 13,000,000 units (the
"Units") at a price of $0.10 per Unit, in the form of a private placement by
the Company. Each Unit is comprised of one common share and one common share
purchase warrant exercisable at a price of $0.125 per share over a period of
three years following the closing of the Private Placement.
Finally, in order to acquire an additional 10% interest in the Property,
Osisko must finance a prefeasibility study on or before September 29, 2015.
Upon attainment of a 50% interest in the Property by Osisko, Osisko and
the Company will have formed a joint-venture. Subsequently, should either
party fail to contribute adequately to the work-program, and thereby suffer a
dilution of ownership in the Property up to 10%, this diluted portion of the
interest will be transformed into a 3% Net Smelter Royalty, half of which
(1.5%) is repurchasable by the other party for the amount of $1,500,000.
The Company confirmed the closing of the transaction by way of press
releases dated November 12 and 13, 2009.
EXPLORATION OREX INC. ("OX")
TYPE DE BULLETIN : Vente d'actif ou convention de vente d'actions
DATE DU BULLETIN : Le 18 novembre 2009
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de documents en vertu d'une
entente d'option d'achat entre la société et une tierce partie, Corporation
Minière Osisko ("Osisko") exécuté le 11 novembre et effectif dès le 29
septembre 2009 (l' "entente"). En vertu de l'entente, Osisko obtient l'option
d'acquérir jusqu'à 60 % de la propriété de Goldboro (la "propriété") ainsi que
les claims avoisinants, situés dans la province de la Nouvelle-Écosse.
Afin d'acquérir une participation indivisible de 50 % dans la propriété,
Osisko doit effectuer des travaux pour une somme totale de 8 000 000 $ pendant
une période minimale de trois ans (1 500 000 $ pendant la première année)
ainsi que d'investir une somme de 1 300 000 $, comprenant 13 000 000 d'unités
(les "unités") au prix de 0,10 $ l'unité, par voie d'un placement privé
effectué par la société. Chaque unité comprend une action ordinaire au prix de
0,10 $ l'action et un bon de souscription exerçable au prix de 0,125 $ pendant
une période de trois ans.
Finalement, afin d'acquérir un intérêt additionnel de 10 %, Osisko devra
financer une étude de préfaisabilité sur la propriété avant le 29 septembre
2015.
Dès qu'Osisko aura atteint une participation de 50 % dans la Propriété,
une entreprise de coparticipation avec la société sera formée. Par la suite,
si le défaut d'une partie de contribuer aux programmes de travaux entraînait
une dilution de son intérêt dans la propriété jusqu'à 10 %, cette portion se
transformera en une redevance de 3 % NSR dont la moitié (1,5 %) sera
rachetable par l'autre partie pour une somme de 1 500 000 $.
La société a confirmé la clôture de cette transaction par voie de
communiqués de presse datés du 12 et 13 novembre 2009.
TSX-X
-------------------------------
OREX EXPLORATION INC. ("OX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 18, 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 September 29, 2009:
Number of Shares: 13,000,000 common shares
Purchase Price: $0.10 per common share
Warrants: 13,000,000 warrants to purchase 13,000,000
common shares
Warrants Exercise Price: $0.125 during the 36-month period following the
closing of the Private Placement
Number of Placees: 1 placee
Finder's Fee: Canaccord Adams received $65,000 in cash and
650,000 units, each comprised of one common
share at a deemed price of $0.10 per share and
one common share purchase warrant at an exercise
price of $0.125 per share. Each warrant may be
exercised over a period of 36 months following
the closing of the Private Placement.
The Company has confirmed the closing of the above-mentioned Private
Placement by way of press releases dated November 12 and 13, 2009.
EXPLORATION OREX INC. ("OX")
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 18 novembre 2009
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu
d'un placement privé sans l'entremise d'un courtier, tel qu'annoncé le 29
septembre 2009 :
Nombre d'actions : 13 000 000 d'actions ordinaires
Prix : 0,10 $ par action ordinaire
Bons de souscription : 13 000 000 de bons de souscription permettant
d'acquérir 13 000 000 d'actions ordinaires
Prix d'exercice : 0,125 $ durant les 36 mois suivant la clôture
du placement privé
Nombre de souscripteurs : 1 souscripteur
Frais d'intermédiation : Canaccord Adams a reçu 65 000 $ en espèces et
650 000 unités, chacun comprenant une action
ordinaire au prix réputé de 0,10 $ l'action
ainsi qu'un bon de souscription au prix
d'exercice de 0,125 $ l'action. Chaque bon de
souscription est exerçable pendant une
période de 36 mois suivant la clôture du
placement privé.
La société a confirmé la clôture du placement privé mentionné ci-dessus
par voie de communiqués de presse datés des 12 et 13 novembre 2009.
TSX-X
-------------------------------
QUATERRA RESOURCES INC. ("QTA")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: November 18, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 36,885 shares at a deemed price of $0.61 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
-------------------------------
QUEST URANIUM CORPORATION ("QUC")
BULLETIN TYPE: Private Placement - Brokered
BULLETIN DATE: November 18, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing, the documentation with
respect to a Brokered Private Placement announced on October 8, 2009:
Number of Shares: 2,737,456 common shares
Purchase Price: $2.30 per common share
Warrants: 1,368,728 warrants to purchase 1,368,728 common
shares
Warrant Exercise Price: $3.25 until April 27, 2011
Insider/Pro Group Participation:
Insider equals Y/
Name Pro Group equals P Number of shares
Daniel B. Larkin Y 10,000
Peter Cashin Y 10,000
Agents: Pope & Company Ltd. ("Pope") and MGI Securities
Inc. ("MGI") as co-lead agents, Desjardins
Securities Inc. as agent ("Desjardins") and
Sherbrooke Street Capital ("Sherbrooke") as
sub-agent.
Agents' fee: The following amounts were paid in cash to Pope,
MGI, Desjardins and Sherbrooke, respectively:
$177,495.60, $177,495.60, $71,249.22 and
$14,490. In addition, 77,799, 77,798, and 36,025
options were respectively granted to Pope, MGI,
and Desjardins. Each option entitles the Holder
to purchase a unit of the Private Placement at a
price of $2.30 per unit until April 27, 2011.
Each unit consists of one common share and one
half of common share purchase warrant. Each full
warrant is exercisable into one common share at
a price of $3.25 per share until April 27, 2011.
The Company has confirmed the closing of the above-mentioned Private
Placement pursuant to a news release dated October 27, 2009
CORPORATION URANIUM QUEST ("QUC")
TYPE DE BULLETIN : Placement privé par l'entremise d'un courtier
DATE DU BULLETIN : Le 18 novembre 2009
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation en vertu
d'un placement privé par l'entremise d'un courtier, tel qu'annoncé le 8
octobre 2009 :
Nombre d'actions : 2 737 456 actions ordinaires
Prix : 2,30 $ par action ordinaire
Bons de souscription : 1 386 728 bons de souscription permettant de
souscrire à 1 368 728 actions ordinaires
Prix d'exercice des bons : 3,25 $ jusqu'au 27 avril 2011
Participation Initié/Groupe Pro :
Initié égale Y/
Nom Groupe Pro égale P Nombre d'actions
Daniel B. Larkin Y 10 000
Peter Cashin Y 10 000
Agents : Pope & Company ltée ("Pope") et Valeurs
mobilières MGI inc. ("MGI") comme agents
principaux, Valeurs mobilières Desjardins
inc. ("Desjardins") comme agent et Sherbrooke
Street Capital ("Sherbrooke") comme
sous-agent.
Rémunération des agents : Les montants suivants ont été payés en
espèces à Pope, MGI, Desjardins et
Sherbrooke, respectivement : 177 495,60 $,
177 495,60 $, 71 249,22 $ et 14 490 $. De
plus, 77 799, 77 798 et 36 025 options ont
été octroyées respectivement à Pope, MGI et
Desjardins. Chaque option permet au titulaire
de souscrire à une unité du placement privé
au prix de 2,30 $ l'unité jusqu'au 27 avril
2011. Chaque unité comprend une action
ordinaire et un demi-bon de souscription.
Chaque bon de souscription entier est
exerçable au prix de 3,25 $ l'action jusqu'au
27 avril 2011.
La société a confirmé la clôture du placement privé précité dans le cadre
d'un communiqué de presse du 27 octobre 2009.
TSX-X
-------------------------------
ROYAL ROADS CORP. ("RRO")
BULLETIN TYPE: Halt
BULLETIN DATE: November 18, 2009
TSX Venture Tier 1 Company
Effective at 6:55 a.m. PST, November 18, 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
-------------------------------
ROYAL ROADS CORP. ("RRO")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 18, 2009
TSX Venture Tier 1 Company
Effective at 8:15 a.m., PST, November 18, 2009, shares of the Company
resumed trading, an announcement having been made over Canada News Wire.
TSX-X
-------------------------------
RYE PATCH GOLD CORP. ("RPM")
BULLETIN TYPE: Halt
BULLETIN DATE: November 18, 2009
TSX Venture Tier 1 Company
Effective at the opening, November 18, 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
-------------------------------
RYE PATCH GOLD CORP. ("RPM")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 18, 2009
TSX Venture Tier 1 Company
Effective at 9:45 a.m., PST, November 18, 2009, shares of the Company
resumed trading, an announcement having been made over StockWatch.
TSX-X
-------------------------------
SAN ANTON CAPITAL INC. ("TON.P")
BULLETIN TYPE: Halt
BULLETIN DATE: November 18, 2009
TSX Venture Tier 2 Company
Effective at the opening, November 18, 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
-------------------------------
SEA DRAGON ENERGY INC. ("SDX")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: November 18, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced October 13, October 27, and November 6,
2009:
Number of Shares: 60,000,000 Units
Each Unit consists of one common share and one
half of one common share purchase warrant
Purchase Price: $0.25 per Unit
Warrants: 30,000,000 share purchase warrants to purchase
30,000,000 shares
Warrant Exercise Price: $0.50 for up to 36 months from date of issuance
Number of Placees: 122 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Kevin Kingsley P 300,000
Asheef Lalani P 100,000
Aline Hanki Y 200,000
David & Beverly Wilson Y 80,000
Anton & Associates Ltd
(Tony Anton) Y 100,000
Ahmed Farid Ahmed Moaaz Y 80,000
Jeff Ratcliffe Y 24,000
Barry Walter Swan Y 200,000
David Michael Thompson Y 80,000
Barry Gordon
McLeod Wood Y 80,000
Zayatex Ltd. (Magdi
Nicholas Zayat) Y 100,000
Agent's Fee: $306,405 cash payable to Canaccord Capital
Corporation
$141,620 cash payable to Salman Partners
$103,809 cash payable to GMP Securities Inc.
$32,041 cash payable to Raymond James Ltd.
TSX-X
-------------------------------
SHEEN RESOURCES LTD. ("SHN")
BULLETIN TYPE: Halt
BULLETIN DATE: November 18, 2009
TSX Venture Tier 2 Company
Effective at 8:54 a.m. PST, November 18, 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
-------------------------------
SLAM EXPLORATION LTD. ("SXL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 18, 2009
TSX Venture Tier 2 Company
This is a first tranche closing.
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced October 28, 2009:
Number of Shares: 7,200,000 Units
Each Unit consists of one common share and one
half of one common share purchase warrant
Purchase Price: $0.03 per Unit
Warrants: 3,600,000 share purchase warrants to purchase
3,600,000 shares
Warrant Exercise Price: $0.05 for 12 months from date of issuance
$0.10 for the next and final 12 months.
Number of Placees: 8 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Units
Iain MacMillan P 500,000
Roger Frenette Y 500,000
Mike Taylor Y 300,000
Edward Yates Y 1,000,000
TSX-X
-------------------------------
STRATEGIC OIL & GAS LTD. ("SOG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 18, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to an
agreement (the "Agreement") between Strategic Oil & Gas. (the "Company") and
an arm's length company (the "Vendor") dated October 14, 2009 wherein the
Company will acquire a 100% working interest medium gravity oil properties,
petroleum and natural gas rights and associated wells and gravities in the
Tabar and Conrad areas of southern Alberta. In consideration, the Company will
pay a total of $5,100,000 through a combination of $4,000,000 in cash and
2,444,444 Units, each Unit consisting of one common share of the Company and
one common share purchase warrant. Each warrant is exercisable at a price of
$0.60 per share for up to 12 months from date of issuance.
This transaction was announced in the Company's press release dated
October 14, 2009.
TSX-X
-------------------------------
TTM RESOURCES INC. ("TTQ")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: November 18, 2009
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 November 17,
2009, it may repurchase for cancellation, up to 3,500,000 shares in its own
capital stock. The purchases are to be made through the facilities of TSX
Venture Exchange during the period November 23, 2009 to November 22, 2010.
Purchases pursuant to the bid will be made by CIBC World Markets Inc. on
behalf of the Company.
TSX-X
-------------------------------