VANCOUVER, Nov. 25 /CNW/ -
TSX VENTURE COMPANIES
ANTARES MINERALS INC. ("ANM")
BULLETIN TYPE: Company Tier Reclassification
BULLETIN DATE: November 25, 2008
TSX Venture Tier 2 Company
In accordance with Policy 2.5, the Company has met the requirements for a
Tier 1 company. Therefore, effective November 26, 2008, the Company's Tier
classification will change from Tier 2 to:
Classification
Tier 1
TSX-X
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BELLAIR VENTURES INC. ("BVI.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: November 25, 2008
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Prospectus dated November 7, 2008 has
been filed with and accepted by TSX Venture Exchange and the Ontario, British
Columbia and Alberta Securities Commissions effective November 10, 2008,
pursuant to the provisions of the respective Securities Acts. The Common
Shares of the Company will be listed on TSX Venture Exchange on the effective
date stated below.
The Company has completed its initial distribution of securities to the
public. The gross proceeds received by the Company for the Offering were
$678,300 (1,356,600 common shares at $0.50 per share).
Commence Date: At the opening Wednesday, November 26, 2008, the
Common shares will commence trading on TSX
Venture Exchange.
Corporate Jurisdiction: Canada
Capitalization: Unlimited common shares with no par value of
which
2,556,600 common shares are issued and
outstanding
Escrowed Shares: 1,200,000 common shares
Transfer Agent: Equity Transfer & Trust Company
Trading Symbol: BVI.P
CUSIP Number: 07820W 10 2
Agent: Canaccord Capital Corporation
Agent's Options: 135,660 non-transferable stock options. One
option to purchase one share at $0.50 per share
for up to 24 months.
For further information, please refer to the Company's Prospectus dated
November 7, 2008.
Company Contact: Emlyn J. David
Company Address: 10 Bellair Street, Suite 509,
Toronto, Ontario M5R 3T8
Company Phone Number: (416) 840-5002
Business e-mail Address: ejdavid@cangaplending.com
TSX-X
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BRAVO VENTURE GROUP INC. ("BVG")
BULLETIN TYPE: Halt
BULLETIN DATE: November 25, 2008
TSX Venture Tier 2 Company
Effective at the open, November 25, 2008, 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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BRAVO VENTURE GROUP INC. ("BVG")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 25, 2008
TSX Venture Tier 2 Company
Effective at 8:30 a.m. PST, November 25, 2008, shares of the Company
resumed trading, an announcement having been made over Marketwire.
TSX-X
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CANSTAR RESOURCES INC. ("ROX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 25, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced November 5, 2008:
Number of Shares: 5,000,000 shares
Purchase Price: $0.05 per share
Warrants: 5,000,000 share purchase warrants to purchase
5,000,000 shares
Warrant Exercise Price: $0.10 for a two year period
Number of Placees: 7 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
James Schweitzer P 200,000
For further details, please refer to the Company's news release dated
November 19, 2008.
TSX-X
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CELESTE COPPER CORPORATION ("C")
BULLETIN TYPE: Property-Asset Disposition
BULLETIN DATE: November 25, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to
an arm's length option agreement dated October 17, 2008 between the Company's
wholly-owned subsidiary, Minera Alberta Chile Ltda. and Peak Ridge Metal
Equity Special Situation Fund ("Peak Ridge"). Pursuant to the Agreement, the
Company has granted Peak Ridge an option to acquire 80% of Celeste's 100%
undivided interest in the Negrita 1/13 exploitation concession located near
Copiapo in the Republic of Chile (the "Property"). In consideration for the
Property and pursuant to the Agreement, Peak Ridge will expend up to
C$1,000,000 in exploration expenditures on the Property, pay US$2,800,000 in
option payments and pay C$500,000 in funds designated for additional land
acquisition. Pursuant to the Agreement, the Company may issue a maximum of
6,250,000 shares at a minimum deemed price of $0.20 per share or issue
1,400,000 shares at a minimum deemed price of $0.20 per share. The Company may
also issue 14,000,000 warrants at a minimum deemed exercise price of $0.20 per
share.
TSX-X
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ELECTRA GOLD LTD. ("ELT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 25, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement dated May
16, 2008, between Electra Gold Ltd. (the "Company") and Hanam Canada Marketing
Corp. ("Hanam") where by the Company will acquire the rights to obtain Coal
Licenses covering the Suquash Coal Field (the "Property")
The considerations for the acquisition are:
a) $8,800.00 cash on execution of agreement; and
b) 3,000,000 shares of the Company on the following schedule:
- 500,000 shares on issue of a Mine Exploration Permit for a decline,
and the support in writing of the Fort Rupert Band Council.
- 500,000 shares by April 30, 2009.
- 1,000,000 shares on completion of an acceptable NI 43-101 Report
documenting in-situ reserves of at least 5 million tonnes of 11,000
BTU Coal.
- 1,000,000 shares on the extraction and sale of a 10,000 tonne bulk
sample with 50,000 tonnes developed
Further details of the option agreement are available in the Company news
release dated August 7, 2008.
TSX-X
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GOLDEN CHALICE RESOURCES INC. ("GCR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 25, 2008
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 November 20,
2008:
Number of Shares: 2,800,000 flow-through shares
100,000 non flow-through shares
Purchase Price: $0.15 per share
Warrants: 2,900,000 share purchase warrants to purchase
2,900,000 shares
Warrant Exercise Price: $0.15 for a two year period
Number of Placees: 5 placees
Finder's Fee: $2,400 payable to Research Capital Corp.
$28,800 payable to Barrington Capital Corp.
$2,400 payable to Jones Gable & Company Ltd.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s). The Company must also
issue a news release if the private placement does not close promptly.
TSX-X
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LAURENT VENTURE CAPITAL CORPORATION ("LAU.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: November 25, 2008
TSX Venture Tier 2 Company
Further to TSX Venture Exchange Bulletin dated November 20, 2008,
effective at the open, November 25, 2008 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
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MEDIFOCUS INC. ("MFS")
(formerly Medifocus Inc. ("MFS.P"))
BULLETIN TYPE: Reinstated for Trading, Qualifying Transaction-
Completed/New Symbol,
Private Placement-Brokered
BULLETIN DATE: November 25, 2008
TSX Venture Tier 2 Company
Reinstated for Trading:
Further to TSX Venture Bulletin dated July 15, 2008, effective at the
opening Wednesday, November 26, 2008, trading will be reinstated in the
securities of the Company (CUSIP 58470Q 10 1).
TSX Venture Exchange has accepted for filing the Company's Qualifying
Transaction described in its Filing Statement dated August 26, 2008. As a
result, at the opening Wednesday, November 26, 2008, the Company will no
longer be considered a Capital Pool Company. The Qualifying Transaction
includes the following:
Qualifying Transaction:
An aggregate of 11,200,000 common shares of Medifocus Inc. were issued to
the shareholders of Celsion (Canada) Limited ("Celsion") in connection with
the Qualifying Transaction. In addition 903,112 common shares, valued at $0.50
per common share were issued to Celsion Corporation in respect of a portion of
the indebtedness previously owed by Celsion following its acquisition from
Celsion Corporation of the business now being carried by Celsion and 763,168
units were issued to the holders of the 2006 Bridge Notes of Celsion with
respect to the conversion of $310,556 in principal amount of such notes, plus
accrued interest (on the same terms and conditions as the units being offered
in connection with the private placement described below), valued at $0.50 per
unit. Finally, 100,000 common shares were issued to Infund Management Limited
for past services rendered to Celsion.
Financing:
TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement:
Number of Shares: 4,090,775 shares
Purchase Price: $0.50 per share
Warrants: 4,090,775 share purchase warrants to purchase
4,090,775 shares
Warrant Exercise Price: $0.60 for a two year period
Number of Placees: 14 placees
Agent's Fee: Maison Placements Canada Inc. received cash
compensation of 8% of the gross proceeds of the
offering raised by the agent. The agent also
received brokers warrants to purchase 5,000
units of Medifocus at the same price and under
the same conditions as the private placement. In
addition, Maison Placements Canada Inc. received
a US$100,000 financial advisory fee and 50,000
units of Medifocus under the same conditions as
the private placement to act as the Sponsor of
the Qualifying Transaction.
The Exchange has been advised that the above transactions have been
completed.
In addition, the Exchange has accepted for filing the following:
Capitalization: Unlimited shares with no par value of which
24,191,445 shares are issued and outstanding
Escrow: 8,148,700 shares
Symbol: MFS (same symbol as CPC but with .P removed)
The Company is classified as a "Research and Development" company.
TSX-X
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NORTHAMPTON GROUP INC. ("NHG")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: November 25, 2008
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 25,
2008, it may repurchase for cancellation up to 1,300,000 common shares in its
own capital stock. The purchases are to be made through the facilities of TSX
Venture Exchange during the period December 1, 2008 to November 30, 2009.
Purchases pursuant to the bid will be made by Jones, Gable & Company Limited
on behalf of the Company.
TSX-X
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NORTHERN CONTINENTAL RESOURCES INC. ("NCR")
BULLETIN TYPE: Warrant Price Amendment, Warrant Term Extension
BULLETIN DATE: November 25, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the reduction in the exercise price
and to the extension in the expiry date of the following warrants issued in
three tranches:
Private Placement:
No. of Warrants: 1,875,000
Original Expiry Date of Warrants: December 7, 2008
New Expiry Date of Warrants: December 7, 2009
Original Exercise Price of Warrants: $0.60
New Exercise Price of Warrants: $0.30
No. of Warrants: 1,250,000
Original Expiry Date of Warrants: December 14, 2008
New Expiry Date of Warrants: December 14, 2009
Original Exercise Price of Warrants: $0.60
New Exercise Price of Warrants: $0.30
No. of Warrants: 1,525,900
Expiry Date of Warrants: January 8, 2010
Forced Exercise Provision: If the closing price for the
Company's shares is $0.25 or
greater for a period of 10
consecutive trading days, then
the warrant holders will have
30 days to exercise their
warrants; otherwise the warrants
will expire on the 31st day.
Original Exercise Price of Warrants: $0.40
New Exercise Price of Warrants: $0.20
These warrants were issued pursuant to a private placement of 6,250,000
flow-through shares and 1,525,900 non flow-through shares with 3,125,000share
purchase warrants attached, which was accepted for filing by the Exchange
effective January 8, 2008.
TSX-X
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REDCLIFFE EXPLORATION INC. ("RXP.A")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: November 25, 2008
TSX Venture Tier 1 Company
TSX Venture Exchange has consented to the extension in the expiry date of
the following warrants:
No. of Warrants: 6,041,352
Original Expiry Date of Warrants: November 27, 2008 and December 6,
2008
New Expiry Date of Warrants: March 31, 2009
Exercise Price of Warrants: $0.55 per share
These warrants were issued pursuant to a private placement of 12,127,154
shares with 6,063,575 share purchase warrants attached, which was accepted for
filing by the Exchange effective February 19, 2008.
TSX-X
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REMAC ZINC CORP. ("RMZ")
BULLETIN TYPE: Consolidation
BULLETIN DATE: November 25, 2008
TSX Venture Tier 1 Company
Pursuant to a special resolution passed by shareholders November 20, 2008,
the Company has consolidated its capital on a 7 old for 1 new basis. The name
of the Company has not been changed.
Effective at the opening Wednesday, November 26, 2008, the shares of ReMac
Zinc Corp. will commence trading on TSX Venture Exchange on a consolidated
basis. The Company is classified as a 'Metal Ore Mining' company.
Post - Consolidation
Capitalization: unlimited shares with no par value of which
3,513,736 shares are issued and outstanding
Escrow: 180,206 shares are subject to escrow
Transfer Agent: CIBC Mellon Trust Company of Canada
Trading Symbol: RMZ (unchanged)
CUSIP Number: 75954M 20 8 (new)
TSX-X
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SABINA SILVER CORPORATION ("SBB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 25, 2008
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced November 5, 2008:
Number of Shares: 6,512,308 flow through shares
Purchase Price: $0.65 per share
Number of Placees: 9 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Anthony Walsh Y 53,846
James N. Morton Y 25,000
John Wakeford Y 15,385
Nicole Hoeller Y 12,308
John Whitton Y 150,000
Duncan J. Caldwell Y 30,769
Elaine Bennett Y 25,000
Finder's Fee: Dundee Securities Corporation receives $161,500
Salman Partners Inc. receives $20,000
Research Capital Corporation receives $10,000
Paradigm Capital Inc. receives $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.
TSX-X
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SHERWOOD COPPER CORPORATION ("SWC.DB")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 25, 2008
TSX Venture Tier 1 Company
Effective at the open, November 25, 2008, shares of the Company resumed
trading, an announcement having been made over Canada News Wire.
TSX-X
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TAGISH LAKE GOLD CORP. ("TLG")
BULLETIN TYPE: Halt
BULLETIN DATE: November 25, 2008
TSX Venture Tier 2 Company
Effective at the open, November 25, 2008, 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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THEIA RESOURCES LTD. ("THH.P")
BULLETIN TYPE: Halt
BULLETIN DATE: November 25, 2008
TSX Venture Tier 2 Company
Effective at 10:54 a.m. PST, November 25, 2008, 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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VENCAN GOLD CORPORATION ("VCG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 25, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a
letter agreement (the "Agreement") dated September 25, 2008, between Vencan
Gold Corporation (the "Company") and eight arms-length individuals
(collectively, the "Vendors"). Pursuant to the Agreement, the Company shall
acquire a 100% interest in the Costello property (the "Property"). The
Property consists of nine mining claims, totally approximately 160 hectares in
the Bristol Township of the Porcupine mining Division of Northern Ontario.
As consideration, the Company must pay an aggregate of $50,000 and issue
an aggregate of 2,000,000 common shares and an aggregate of 1,000,000 warrants
to the Vendors. Each warrant is exercisable into one common share at a price
of $0.15 for a two year period. If certain events, as disclosed in the
Company's press release dated November 5, 2008, occur within two years of the
closing date, the Company must issue an additional aggregate of 1,000,000
shares to the Vendors. In addition, the Vendors shall receive a 3% net smelter
return on gold ("NSR-Gold") and a 2% net smelter return on all other minerals
("NSR-Minerals"). The Company has the right at any time to purchase (i) 50% of
the NSR-Gold for an additional payment of $1,500,000, and (ii) 50% of the
NSR-Minerals for an additional payment of $500,000.
For further information, please refer to the Company's press release dated
October 7, 2008 and November 5, 2008.
TSX-X
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WANTED TECHNOLOGIES CORPORATION ("WAN")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: November 25, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has been advised that pursuant to a
Notice of Intention to make a Normal Course Issuer Bid dated November 21,
2008, the Company may repurchase for cancellation up to 1,200,000 common class
A shares in its own capital stock, representing approximately 5% of the
Company's issued and outstanding common shares. The purchases are to be made
through the facilities of the Exchange for the period starting December 1,
2008 to November 30, 2009. Purchases pursuant to the bid will be made by
Desjardins Securities on behalf of the Company.
CORPORATION TECHNOLOGIES WANTED ("WAN")
TYPE DU BULLETIN : Offre de rachat dans le cours normal des activités
DATE DU BULLETIN : Le 25 novembre 2008
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX (la "Bourse") a été avisée qu'en vertu d'un avis
d'intention de procéder à une offre de rachat dans le cours normal des
activités daté du 21 novembre 2008, la société peut racheter pour fin
d'annulation, jusqu'à 1 200 000 actions ordinaires catégorie A de son capital,
représentant approximativement 5 % des actions émises et en circulation de la
société. Les achats seront effectués par l'entremise de la Bourse durant la
période débutant le 1er décembre 2008 et se terminant le 30 novembre 2009. Les
achats en vertu de l'offre seront effectués par le biais de Valeurs Mobilières
Desjardins pour le compte de la société.
TSX-X
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NEX COMPANIES
BUS SYSTEMS INC. ("BUS.H")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: November 25, 2008
NEX Company
Further to the TSX Venture Exchange Bulletin dated September 4, 2008, the
Exchange has been advised that the Cease Trade Order issued by the Autorité
des marchés financiers on September 4, 2008 has been revoked.
Effective at the opening Wednesday, November 26, 2008, trading will be
reinstated in the securities of the Company.
TSX-X
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ContactsMarket Information Services at 1-888-873-8392 or email: information@venture.com
136.40 (1.48%)