TSX VENTURE COMPANIES
ALTAIR VENTURES INCORPORATED ("AVX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 16, 20092
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced October 9, 2009:
Number of Shares: 2,840,000 flow-through shares
2,975,000 non flow-through shares
Purchase Price: $0.17 per flow-through share
$0.15 per non flow-through share
Warrants: 1,420,000 (flow-through offering) share
purchase warrants to purchase 1,420,000
common shares at $0.25 per share for a one
year period.
1,487,500 (unit offering) share purchase
warrants to purchase 1,487,500 common shares
at $0.22 per share for a one year period.
Number of Placees: 10 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Enrico Giustra P 200,000 f/t
Robert A. Archer Y 60,000 f/t
Robert A. Archer Y 65,000 nf/t
Platoro Resources Corp.
(Robert A. Archer) Y 60,000 f/t
Platoro Resources Corp.
(Robert A. Archer) Y 65,000 nf/t
Finders' Fees: Limited Market Dealer Inc. - $20,400.00
Karim Sayani - $1,428.00
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
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ANDOVER VENTURES INC. ("AOX")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 16, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 45,000 shares at a deemed price of $0.333 per share to settle
outstanding debt for $15,000.00.
Number of Creditors: 1 Creditor
The Company shall issue a news release when the shares are issued and the
debt extinguished.
TSX-X
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APELLA RESOURCES INC. ("APA")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 16, 2009
TSX Venture Tier 1 Company
Effective at the opening, December 16, 2009, shares of the Company resumed
trading, an announcement having been made over Market News Publishing.
TSX-X
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ATOCHA RESOURCES INC. ("ATT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 16, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced December 15, 2009:
Number of Shares: 2,500,000 flow-through shares
Purchase Price: $0.16 per share
Warrants: 2,500,000 share purchase warrants to purchase
2,500,000 shares
Warrant Exercise Price: $.20 for a one year period
$0.25 in the second year
Number of Placees: 5 placees
Finder's Fee: Limited Market Dealer Inc. will receive a 5%
cash finder's fee in the amount of $17,500,
10% in Broker Warrants that are exercisable
into 218,750 units at a price of $0.16 per
unit. Each unit has the same terms as the
offering and a due diligence fee of
$21,000.00.
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
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CARDIOCOMM SOLUTIONS, INC. ("EKG")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 16, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 3,250,000 shares to settle outstanding debt for $162,500.
Number of Creditors: 3 Creditors
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price
Creditor Progroup=P Owing per Share # of Shares
Anatoly Langer Y $75,000 $0.05 1,500,000
Etienne Grima Y $50,000 $0.05 1,000,000
Healthcare Works Inc. Y $37,500 $0.05 750,000
(Anatoly Langer)
The Company shall issue a news release when the shares are issued and the
debt extinguished.
TSX-X
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COLUMBIA YUKON EXPLORATIONS INC. ("CYU")
BULLETIN TYPE: Company Tier Reclassification
BULLETIN DATE: December 16, 2009
TSX Venture Tier 2 Company
In accordance with Policy 2.5, the Company has met the requirements for a
Tier 1 company. Therefore, effective December 17, 2009, the Company's Tier
classification will change from Tier 2 to:
Classification
Tier 1
TSX-X
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CYPRESS DEVELOPMENT CORP. ("CYP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 16, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced December 7, 2009:
First Tranche:
Number of Shares: 10,479,000 shares
Purchase Price: $0.15 per share
Warrants: 10,479,000 share purchase warrants to
purchase 10,479,000 shares
Warrant Exercise Price: $0.20 for a two year period
Number of Placees: 44 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Ron Tkatchuk P 115,000
Finders' Fees: $50,400 cash payable to Raymond James Ltd.
$3,150 cash payable to Ted Dusyk
$2,467.50 cash payable to Fab Carella
$2,100 cash payable to Julie Boileau
$13,020 cash payable to Canaccord Capital
Corp.
$18,112.50 cash payable to Union Securities
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. 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
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DEQ SYSTEMS CORP. ("DEQ")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: December 16, 2009
TSX Venture Tier 1 Company
TSX Venture Exchange (the "Exchange") has been advised that pursuant to a
Notice of Intention to make a Normal Course Issuer Bid dated December 14,
2009, the Company may repurchase for cancellation up to 3,450,000 common
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 on
December 21, 2009 and ending on December 20, 2010. Purchases pursuant to
the bid will be made by Canaccord Capital Corporation on behalf of the
Company.
DEQ SYSTEMES CORP. ("DEQ")
TYPE DU BULLETIN : Offre de rachat dans le cours normal des activites
DATE DU BULLETIN : Le 16 decembre 2009
Societe du groupe 1 de TSX Croissance
Bourse de croissance TSX (la "Bourse") a ete avisee qu'en vertu d'un avis
d'intention de proceder a une offre de rachat dans le cours normal des
activites date du 14 decembre 2009, la societe peut racheter pour fin
d'annulation, jusqu'a 3 450 000 actions ordinaires de son capital,
representant approximativement 5 % des actions emises et en circulation de
la societe. Les achats seront effectues par l'entremise de la Bourse
durant la periode debutant le 21 decembre 2009 et se terminant le 20
decembre 2010. Les achats en vertu de l'offre seront effectues par le
biais de Corporation Canaccord Capital pour le compte de la societe.
TSX-X
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FORUM URANIUM CORP. ("FDC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 16, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced December 10, 2009:
Number of Shares: 6,016,666 shares
Purchase Price: $0.12 per share
Number of Placees: 3 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Qwest Energy 2009 II
Flow-Through Limited
Partnership Y 2,100,000
Finder's Fee: $25,200 cash and (i)210,000 warrants payable
to Barrington Capital Corp.
(i) Warrants are exercisable at $0.20 per
share for one year.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private placement
and setting out the expiry dates of the hold period(s). The Company must
also issue a news release if the private placement does not close
promptly.
TSX-X
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GALE FORCE PETROLEUM INC. ("GFP")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: December 16, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation relating to
an Asset Purchase Agreement dated September 10, 2008 between Kripa Energy
Inc. ("Kripa") and the Company, whereby the Company has sold its Woodnorth
Property for a consideration of $1,200,000 cash in addition to $300,000
already received on August 5, 2008 for the option to purchase the
property.
For further information, please refer to the Company's news release dated
September 11, 2008.
PETROLE GALE FORCE INC. ("GFP")
TYPE DE BULLETIN : Convention de vente d'actif ou convention de vente
d'actions
DATE DU BULLETIN : Le 16 decembre 2009
Societe du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepte le depot de documents en vertu d'une
convention d'achat d'actif datee du 10 septembre 2008 entre Kripa Energy
Inc. ("Kripa") et la societe, en vertu de laquelle la societe a vendu sa
propriete Woodnorth en consideration de 1 200 000 $ en especes en plus de
300 000 $ deja recu le 5 août 2008 relativement a une option d'achat de la
propriete.
Pour de plus amples informations, veuillez vous referer au communique de
presse emis par la societe le 11 septembre 2008.
TSX-X
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GOLD HAWK RESOURCES INC. ("GHK")
(formerly Gold Hawk Resources Inc. ("CGK"))
BULLETIN TYPE: Consolidation, Symbol Change
BULLETIN DATE: December 16, 2009
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders November 9, 2009,
the Company has consolidated its capital on a twenty-five (25) old for one
(1) new basis and has subsequently increased its authorized capital. The
name of the Company has not been changed.
Effective at the opening Thursday, December 17, 2009, the common shares of
the Company will commence trading on TSX Venture Exchange on a
consolidated basis. The Company is classified as an
'Exploration/Development' company.
Post - Consolidation
Capitalization: unlimited common shares with no par value of
which 13,017,391 common shares are issued and
outstanding
Escrow 518,192 common shares are subject to staged
release escrow
Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: GHK (new)
CUSIP Number: 38060Q 20 8 (new)
TSX-X
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IC POTASH CORP. ("ICP")
(formerly Trigon Uranium Corp. ("TEL"))
BULLETIN TYPE: Reverse Takeover-Completed, Symbol Change, Name Change,
Resume Trading
BULLETIN DATE: December 16, 2009
TSX Venture Tier 2 Company
The TSX Venture Exchange has accepted for filing the Company's Reverse
Takeover ('RTO'). Effective at the opening Thursday, December 17, 2209,
the common shares of the Company will resume trading on TSX Venture
Exchange. The RTO includes the following transactions:
RTO:
The Company acquired all of the issued securities of Intercontinental
Potash Corp., which is now a wholly-owned subsidiary of the Company.
For further information on the transaction, please see the Company's
Information Circular dated September 28, 2009.
Name Change:
Pursuant to a resolution passed by shareholders October 26, 2009, the
Company has changed its name as follows. There is no consolidation of
capital.
Effective at the opening Thursday, December 17, 2009, the common shares of
IC Potash Corp. will commence trading on TSX Venture Exchange, and the
common shares of Trigon Uranium Corp. will be delisted.
The Exchange has been advised that the above transactions, approved by
shareholders on October 26, 2009, have been completed.
Capitalization: Unlimited shares with no par value of which
59,397,490 shares are issued and outstanding
Escrowed: 4,681,247 common shares
Transfer Agent: Computershare Trust Company of Canada
Trading Symbol: ICP (new)
CUSIP Number: 44930T 10 9 (new)
The Company is classified as a 'mining' company.
Company Contact: Sidney Himmel
Company Address: Suite 3700, 100 King St. W.
Toronto, ON M5X 1C9
Company Phone Number: (250) 763-5533
Company Fax Number: (250) 763-5255
Company Email Address: sidney.himmel@trigonexploration.com
TSX-X
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INTERNATIONAL WAYSIDE GOLD MINES LTD. ("WYG")
BULLETIN TYPE: Halt
BULLETIN DATE: December 16, 2009
TSX Venture Tier 2 Company
Effective at the opening, December 16, 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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JAXON MINERALS INC. ("JAX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 16, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced December 10, 2009:
Number of Shares: 2,250,000 flow-through shares
Purchase Price: $0.20 per share
Warrants: 1,125,000 share purchase warrants to purchase
1,125,000 shares
Warrant Exercise Price: $0.30 for a one year period
$0.40 in the second year
Number of Placees: 7 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Leif Smither Y 62,500
Finder's Fee: $24,000 and 200,000 finder options payable to
Limited Market Dealer and $5,000 payable to
Carl Jones
- Each finder option is exercisable at $0.20
for a two year period into one non flow-
through share and one-half share purchase
warrant with the same terms as above
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
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KING'S BAY GOLD CORPORATION ("KBG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 17, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced November 19, 2009:
Number of Shares: 2,000,000 flow-through shares
Purchase Price: $0.10 per share
Warrants: 2,000,000 share purchase warrants to purchase
2,000,000 shares
Warrant Exercise Price: $0.13 for a two year period
Number of Placees: 1 placee
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has
issued a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s). Note that in certain
circumstances the Exchange may later extend the expiry date of the
warrants, if they are less than the maximum permitted term.
TSX-X
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LA QUINTA RESOURCES CORPORATION ("LAQ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 16, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced November 4, 2009:
Number of Shares: 24,400,000 shares
Purchase Price: $0.05 per share
Warrants: 24,400,000 share purchase warrants to
purchase 24,400,000 shares
Warrant Exercise Price: $0.10 for a six month period
$0.15 for the following six months
Number of Placees: 86 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Greg Amor Y 300,000
Glen Watson Y 100,000
Dustin Henderson Y 1,960,000
Pasquale Di Capo P 1,500,000
Bill Godson P 500,000
David Elliott P 750,000
Finders' Fees: $28,400 cash payable to Haywood Securities
Inc.
$12,000 cash payable to Pinetree Capital Ltd
(a TSX listed company).
$6,000 cash payable to PowerOne Capital
Markets Limited.
$2,800 cash payable to PI Financial Corp.
$13,250 cash payable to Canaccord Capital
Corporation.
$4,000 cash payable to CX Capital Partners
(Joseph Carbonaro).
$4,000 cash payable to Research Capital
Corporation.
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
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MEDORO RESOURCES LTD. ("MRS.WT")
BULLETIN TYPE: New Listing-Warrants
BULLETIN DATE: December 16, 2009
TSX Venture Tier 1 Company
Effective at the opening Thursday, December 17, 2009, the warrants of the
Company will commence trading on TSX Venture Exchange. The Company is
classified as a 'Gold Exploration' company.
Corporate Jurisdiction: Yukon Territory
Capitalization: 64,350,000 warrants with no par value of
which 64,350,000 warrants are issued and
outstanding
Transfer Agent: Equity Transfer & Trust Company
Trading Symbol: MRS.WT
CUSIP Number: 58503R 14 2
The warrants were issued pursuant to a brokered private placement. One (1)
warrant entitles the holder to purchase one (1) share at a price of $1.25
per share and will expire on November 3, 2011.
TSX-X
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NEWMAC RESOURCES INC. ("NER")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: December 16, 2009
TSX Venture Tier 2 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 December 16,
2009, it may repurchase for investment purposes, up to 2,681,801 shares in
its own capital stock. The purchases are to be made through the facilities
of TSX Venture Exchange during the period December 21, 2009 to December
20, 2010. Purchases pursuant to the bid will be made by Bolder Investment
Partners Ltd. on behalf of the Company.
TSX-X
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NOVUS ENERGY INC. ("NVS")
BULLETIN TYPE: Plan of Arrangement
BULLETIN DATE: December 16, 2009
TSX Venture Tier 2 Company
The TSX Venture Exchange (the "Exchange") has accepted for filing
documentation pursuant to a Court approved Plan of Arrangement (the
"Arrangement") between Novus Energy Inc. (the "Company") and Ammonite
Energy Ltd. ("Ammonite). Approval of the Arrangement was obtained from
shareholders of Ammonite at a special meeting of shareholders held on
December 10, 2009. Pursuant to the terms of the Arrangement Ammonite
Shareholders will receive 0.825 of a common share of the Company for each
Ammonite share held. For further information, please refer to the Plan of
Arrangement dated November 12, 2009 and the Company's news release dated
December 11, 2009.
TSX-X
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PARALLEL RESOURCES LTD. ("PAL")
(formerly Parallel Capital Corp. ("PAL"))
BULLETIN TYPE: Name Change
BULLETIN DATE: December 16, 2009
TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders on November 24, 2009, the
Company has changed its name as follows. There is no consolidation of
capital.
Effective at the opening Thursday, December 17, 2009, the common shares of
Parallel Resources Ltd. will commence trading on TSX Venture Exchange, and
the common shares of Parallel Capital Corp. will be delisted. The Company
is classified as a 'Mining Exploration' company.
Capitalization: unlimited shares with no par value of which
10,880,000 shares are issued and outstanding
Escrow: 2,549,250 escrow shares
Transfer Agent: Computershare Trust Company of Canada
Trading Symbol: PAL (unchanged)
CUSIP Number: 699179 10 7 (new)
TSX-X
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PIONEERING TECHNOLOGY CORP. ("PTE")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: December 16, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 925,925 bonus shares at a deemed price of $0.135 per share to the
following insider(s):
Number of Shares
Kevin Callahan 555,555
Laird Comber 370,370
TSX-X
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RED PINE EXPLORATION INC. ("RPX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 16, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced November 20, 2009:
Number of Shares: 17,875,554 flow through shares
10,350,000 non flow through shares
Purchase Price: $0.09 per flow through share
$0.08 per non flow through share
Warrants: 19,287,777 share purchase warrants to
purchase 19,287,777 shares
Warrant Exercise Price: $0.15 for a one year period
Number of Placees: 46 placees
Finder's Fee: an aggregate of $79,903, 175,000 common
shares, 175,000 warrants (exercisable at the
same terms as above) and 777,777 broker
options (each exercisable at a price of $0.09
for a period of 2 years into one common share
and one warrant (exercisable at the same
terms as above), payable to Limited Market
Dealer Inc. and Jones, Gable & Company
Limited
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has
issued a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s). Note that in certain
circumstances the Exchange may later extend the expiry date of the
warrants, if they are less than the maximum permitted term.
TSX-X
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SEDEX MINING CORP. ("SDN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 16, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation
pertaining to an option agreement dated September 15, 2009 between Sedex
Mining Corp. (the 'Company') and Larry Gervais, pursuant to which the
Company has an option to acquire a 100% undivided interest in one claim (5
units) located in the Reeves Township, Porcupine Mining Division, Ontario
known as the Reeves Property. The total consideration is $25,000 in cash
payments, 200,000 in shares and $8,000 in work commitments in stages over
a four year period as follows:
DATE CASH SHARES WORK EXPENDITURES
Year 1 $2,500 25,000 $2,000
Year 2 $5,000 25,000 $2,000
Year 3 $7,500 25,000 $2,000
Year 4 $10,000 25,000 $2,000
In addition, there is a 3% net smelter return relating to the acquisition.
The Company may, at any time, purchase 1% of the net smelter return for
$1,000,000 in order to reduce the total net smelter return to 2%.
TSX-X
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SEDEX MINING CORP. ("SDN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 16, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation
pertaining to an option agreement dated September 15, 2009 between Sedex
Mining Corp. (the 'Company') and Larry Gervais, pursuant to which the
Company has an option to acquire a 100% undivided interest in one claim (8
units) located in the Godfrey Township, Porcupine Mining Division, Ontario
known as the Godfrey Property. The total consideration is $35,000 in cash
payments, 200,000 in shares and $12,800 in work commitments in stages over
a four year period as follows:
DATE CASH SHARES WORK EXPENDITURES
Year 1 $5,000 50,000 $3,200
Year 2 $7,500 50,000 $3,200
Year 3 $10,000 50,000 $3,200
Year 4 $12,500 50,000 $3,200
In addition, there is a 3% net smelter return relating to the acquisition.
The Company may, at any time, purchase 1% of the net smelter return for
$1,000,000 in order to reduce the total net smelter return to 2%.
TSX-X
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SNS SILVER CORP. ("SNS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 16, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced December 4, 2009:
Number of Shares: 4,305,000 flow-through shares
Purchase Price: $0.20 per flow-through share
Warrants: 2,152,500 share purchase warrants to purchase
2,152,500 shares
Warrant Exercise Price: $0.30 for a one year period
Number of Placees: 16 placees
Finders' Fees: $24,500 and 122,500 warrants payable to
Strand Securities Corporation
$17,500 and 87,500 warrants payable to
Limited Market Dealer Inc.
$1,820 and 9,100 warrants payable to Union
Securities Ltd.
$8,400 payable to Redplug Capital
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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TRANS-ORIENT PETROLEUM LTD. ("TOZ")
BULLETIN TYPE: Halt
BULLETIN DATE: December 16, 2009
TSX Venture Tier 2 Company
Effective at the opening, December 16, 2009, trading in the shares of the
Company was halted pending delisting; 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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TAG OIL LTD. ("TAO")
TRANS-ORIENT PETROLEUM LTD. ("TOZ"))
BULLETIN TYPE: Plan of Arrangement, Delist
BULLETIN DATE: December 16, 2009
TSX Venture Tier 1 Company, TSX Venture Tier 2 Company
Plan of Arrangement:
Pursuant to special resolutions passed by the shareholders of Trans
Orient-Petroleum Ltd. ('Trans-Orient') on December 9, 2009, TAG Oil Ltd.
('TAG Oil'), TAG Acquisition Corp. ('TAG Subco') and Trans-Orient have
completed a plan of arrangement pursuant to Part 9, Division 5 of the
Business Corporations Act (British Columbia) (the 'Plan of Arrangement').
The Plan of Arrangement has been completed effective 12:01 a.m. (Vancouver
time) on December 16, 2009, and has resulted in Trans-Orient becoming a
wholly-owned subsidiary of TAG Oil through an amalgamation with TAG's
wholly-owned subsidiary TAG Subco. Outstanding common shares of Trans-
Orient were exchanged for common shares of TAG Oil on the basis of one TAG
Oil common share for every 2.8 Trans-Orient common shares.
Post - Arrangement:
Capitalization: Unlimited shares with no par value of which
29,879,445 shares are issued and outstanding
Escrow: 302,949 Tier 1 Value Security Escrow
Delist:
Effective at the close of business December 17, 2009, the common shares of
Trans-Orient will be delisted from TSX Venture Exchange. The delisting of
the Company's shares results from TAG Oil purchasing 100% of Trans-
Orient's shares pursuant to an Arrangement Agreement dated September 14,
2009 and amended October 7, 2009. Trans-Orient shareholders will receive 1
common share of TAG Oil for every 2.8 Trans-Orient common shares held. For
further information please refer to the information circular of Trans-
Orient dated October 30, 2009 and Trans-Orient's news release dated
December 9, 2009.
TSX-X
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YALE RESOURCES LTD. ("YLL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 16, 2009
TSX Venture Tier 2 Company
Can-mex Option Agreement:
TSX Venture Exchange has accepted for filing a property option agreement
dated July 24, 2009 between Can-mex Barite S.A. de C.V. ('Canmex') and the
Company's subsidiary Minera Alta Vista, S.A. de C.V. ('Subco'). Subco has
been granted the option to acquire a 100% interest in nine mineral
concessions located in the Municipality of Suaqui Grande, Sonora State,
Mexico. In consideration the Company will pay $200,000 and issue 1,000,000
shares as follows:
- $10,000 and 100,000 shares payable November 24, 2009
- $15,000 and 100,000 shares payable May 24, 2010
- $15,000 and 100,000 shares payable November 24, 2010
- $20,000 and 100,000 shares payable May 24, 2011
- $20,000 and 100,000 shares payable November 24, 2011
- $40,000 and 100,000 shares Payable May 24, 2012
- $80,000 and 400,000 shares payable November 24, 2012
Minera Pima Option Agreement:
TSX Venture Exchange has accepted for filing a property option agreement
dated October 1, 2009 between Minera Pima de Oro, S.A. de C.V. ('Minera
Pima') and the Company's subsidiary Minera Alta Vista, S.A. de C.V.
('Subco'). Subco has been granted the option to acquire two mineral
concessions located in the Municipality of Suaqui Grande, Sonora State,
Mexico. In consideration the Company will pay $200,000 and issue 1,000,000
shares as follows:
- $10,000 and 100,000 shares payable January 9, 2010
- $15,000 and 100,000 shares payable July 9, 2010
- $15,000 and 100,000 shares payable January 9, 2011
- $20,000 and 100,000 shares payable July 9, 2011
- $20,000 and 100,000 shares payable January 9, 2012
- $40,000 and 100,000 shares Payable July 9, 2012
- $80,000 and 400,000 shares payable December 9, 2012
TSX-X
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NEX COMPANIES
SPHERE RESOURCES INC. ("SPH.H")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 16, 2009
NEX Company
TSX Venture Exchange has accepted for filing documentation pertaining to
an option agreement between Sphere Resources Inc. (the "Company") and
Terry Loney (the "Vendor") whereby the Company has the option to earn up
to a 100% interest in two unpatented mineral claims, comprising a total of
five claims units known as the Scadding properties located near Sudbury,
Ontario. In consideration, the Company will issue a total of 1,300,000
shares over a two year period and complete $680,000 in work expenditures
on the properties over a three year period.
The properties are subject to payment of 2.5% Net Mineral Royalty to the
Vendor. The Company has the right at any time to prepay the above
considerations and exercise its option to acquire the properties. The
Company has the right to purchase from the Vendor the 2.5% Net Mineral
Royalty at any time during the term of the Option Agreement by paying one
million shares of the Company to the Vendor.
Duration Resources Limited or its nominee, an associate of the Company,
has agreed to fund the first year assessment work of $80,000 in return for
a Royalty of 2.5% in accordance with the terms of the Option Agreement. A
finders fee of 290,000 shares is payable to George Grignano.
TSX-X
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SPHERE RESOURCES INC. ("SPH.H")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 16, 2009
NEX Company
TSX Venture Exchange has accepted for filing documentation pertaining to a
Letter of Intent (the "Agreement") with Global Minerals Limited ("Global")
in respect to Mining Claims at the Dome, Byshe and Heyson Townships in the
Red Lake district of Ontario. Global is the beneficial owner of 100% of
the rights, title and interest in and to 13 mining claims (34 units)
situated in Red Lake, Ontario. The Letter of Intent grants the Company the
exclusive right and option to acquire an undivided 75% of the right, title
and interest of Global in and to the Claims on the following terms:
In the First Year:
- A cash payment of $25,000 to Global by December 3, 2009.
- The issue of 500,000 Common stock of the Company to Global not to exceed
90 days after the date of the Agreement.
- Spending $75,000 on exploration by the anniversary date of signing the
Agreement.
In the Second Year:
- A cash payment of $25,000 to Global by the second anniversary date of
signing the Agreement.
- The issue of 500,000 Common stock of the Company to Global.
- Spending $350,000 on exploration by the second anniversary date of
signing the Agreement.
In the Third Year:
- A cash payment of $25,000 to Global by the third anniversary date of
signing of the Agreement.
- The issue of 500,000 Common stock of the Company to Global.
- Spending $500,000 on exploration by the third anniversary date of the
signing the Agreement.
The property consists of 13 unpatented mining claims that cover
approximately 500 hectares within the townships of Dome, Heyson and Byshe.
The Property is located about 1 km east of the Town of Red Lake and 3 km
southwest of Balmertown, Ontario, located in the Municipality of Red Lake,
Ontario.
Duration Resources Limited or it's its nominee, an associate of the
Company, has agreed to fund the assessment work of $100,000 in the first
year and $100,000 in the second year in return for any royalty Sphere
earns resulting from the Letter of Intent. A finders fee of 300,000 shares
is payable to George Grignano.
TSX-X
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