Oct. 23, 2009 (Marketwire Canada) -- VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 23, 2009) -
TSX VENTURE COMPANIES:ADRIANA RESOURCES INC. ("ADI")
BULLETIN TYPE: Regional Office Change
BULLETIN DATE: October 23, 2009
TSX Venture Tier 2 Company
Pursuant to Policy 1.2, TSX Venture Exchange has been advised of, and
accepted the change of the Filing and Regional Office from Vancouver,
British Columbia to Toronto, Ontario.
TSX-X
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ALIX RESOURCES CORP. ("AIX")
BULLETIN TYPE: Private Placement-Non-Brokered, Brokered
BULLETIN DATE: October 23, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to the first tranche of a Brokered and Non-Brokered Private Placement
announced September 28, 2009:
Number of Shares: 6,265,000 shares
Purchase Price: $0.06 per share
Warrants: 6,265,000 share purchase warrants to
purchase 6,265,000 shares
Warrant Exercise Price: $0.08 for a one year period
$0.10 in the second year
Number of Placees: 37 placees
Insider / Pro Group Participation:
Insider equals Y /
Name ProGroup equals P / # of Shares
Greg Amor Y 100,000
Roberto Chu P 100,000
Kerry Chow P 300,000
David L. Hamilton - Smith P 100,000
Finder's Fee: Canaccord Capital Corporation - $11,100
and 185,000 Broker Warrants that are
exercisable into common shares at $0.08
per share in the first year and at $0.10
per share in the second year.
PI Financial Corp. - $18,000 and 300,000
Broker Warrants that are exercisable into
common shares at $0.08 per share in the
first year and at $0.10 per share in the
second year.
Alex Kuznecov - 35,000 Agent's Warrants
that are exercisable into common shares at
$0.08 in the first year and at $0.10 per
share in the second 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. 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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AURA SILVER RESOURCES INC. ("AUU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 23, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced October 15, 2009:
Number of Shares: 625,000 flow-through shares
Purchase Price: $0.32 per share
Number of Placees: 1 placee
Finder's Fee: A cash commission of $16,000 and 50,000
finders' warrants are payable to Deacon &
Company Capital Markets Inc. Each finder's
warrant entitles the holder to acquire one
common share at $0.32 for a one year
period.
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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AURA SILVER RESOURCES INC. ("AUU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 23, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced October 15, 2009:
Number of Shares: 312,500 flow-through shares
Purchase Price: $0.32 per share
Number of Placees: 1 placee
For further details, please refer to the Company's news release dated
October 15, 2009.
TSX-X
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BALLYLIFFIN CAPITAL CORP. ("BLL.P")
BULLETIN TYPE: Miscellaneous, Remain Halted
BULLETIN DATE: October 23, 2009
TSX Venture Tier 2 Company
Further to the Exchange's Bulletin of November 3, 2008 and the
Company's press release of March 25, 2009, the Company which is a
Capital Pool Company ('CPC') is required to complete a Qualifying
Transaction ('QT') by November 23, 2009.
The records of the Exchange indicate that the Company has not yet
completed a QT. If the Company fails to complete a QT by November 23,
2009, the Company's trading status may be changed to a suspension
without further notice, in accordance with Exchange Policy 2.4 Section
14.6.
Pursuant to the TSX Venture Exchange Bulletin dated October 3, 2008,
trading in the shares of the Company will remain halted.
TSX-X
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CANACOL ENERGY LTD. ("CNE")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: October 23, 2009
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to
issue 333,333 common shares at a deemed price of $0.15 per share as a
finder's fee to an arm's length party, in consideration of services
provided to raise capital for certain projects of the Company.
The Company shall issue a news release when the shares are issued.
TSX-X
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CANSTAR RESOURCES INC. ("ROX")
BULLETIN TYPE: Halt
BULLETIN DATE: October 23, 2009
TSX Venture Tier 2 Company
Effective at 11:02 a.m. PST, October 23, 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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CAP-LINK VENTURES LTD. ("CAV")
BULLETIN TYPE: Halt
BULLETIN DATE: October 23, 2009
TSX Venture Tier 2 Company
Effective at 11:36 a.m. PST, October 23, 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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CENTRAL ALBERTA WELL SERVICES CORP. ("CWC")("CWC.RT")
BULLETIN TYPE: Rights Offering-Shares
BULLETIN DATE: October 23, 2009
TSX Venture Tier 2 Company
The Company has announced it will offer to Shareholders of record on
November 4, 2009, Rights to purchase shares of the Company. One (1)
Right will be issued for each share held. Each Right will entitle the
holder to purchase 4.855 common shares at a subscription price of $0.25
per share. The expiry date for the Rights Offering is November 30,
2009. As at October 22, 2009 the Company had 27,187,361 shares issued
and outstanding.
Effective at the opening, November 2, 2009, the shares of the Company
will trade Ex-Rights and the Rights will commence trading at that time
on a 'when-issued basis'. The Company is classified as a 'Contract
Drilling Services' company.
Summary:
Basis of Offering: One (1) Right exercisable for 4.855 Shares
at $0.25 per Share.
Record Date: November 4, 2009
Shares Trade Ex-Rights: November 2, 2009
Rights Called for Trading: November 2, 2009
Rights Trade for Cash: November 25, 2009
Rights Expire: November 30, 2009
Rights Trading Symbol: CWC.RT
Rights CUSIP Number: 152379111
Subscription Agent and
Trustee: Olympia Trust Company
Authorized Jurisdiction(s): British Columbia, Alberta,
Saskatchewan, Ontario
For further details, please refer to the Company's Rights Offering
Circular dated October 20, 2009.
The Company's Rights Offering Circular has been filed with and accepted
by the British Columbia, Alberta, Saskatchewan, and Ontario Securities
Commissions pursuant to the provisions of the Securities Acts of each
respective province.
TSX-X
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CLOUDBENCH APPLICATIONS, INC. ("CBH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 23, 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 13, 2009:
Number of Shares: 250,000 units where each unit consists of one
Class A Series 1 7% convertible retractable preferred share and 12.5
common share purchase warrants. The special rights and restrictions
attached to the Series 1 shares include: (a) a 7% annual dividend; (b)
a conversion right pursuant to which the holders of the Series 1 shares
are entitled to convert each Series 1 share into 25 common shares of
the company, subject to adjustment, for no additional consideration;
and (c) a retraction right where in specified circumstances the holders
of Series 1 shares can require the company to redeem their Series 1
shares.
Purchase Price: $2.00 per unit
Warrants: 3,125,000 share purchase warrants to
purchase 3,125,000 shares
Warrant Exercise Price: $0.24 for a five year period
Number of Placees: 1 placee
Insider / Pro Group Participation:
Insider equals Y /
Name ProGroup equals P / # of Shares
Pender Growth Fund (VCC) Inc. Y 250,000
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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FORUM URANIUM CORP. ("FDC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 23, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced September 25 and October
1, 2009:
Number of Shares: 11,251,000 shares
Purchase Price: $0.08 per share
Warrants: 5,625,500 share purchase warrants to
purchase 5,625,500 shares
Warrant Exercise Price: $0.20 for an eighteen-month period
Number of Placees: 15 placees
Insider / Pro Group Participation:
Insider equals Y /
Name ProGroup equals P / # of Shares
Anthony Balme Y 188,000
Carter Capital Ltd. (Anthony Balme) Y 188,000
Richard Mazur Y 250,000
Michael Steeves Y 125,000
Finder's Fee: $50,400 cash and 630,000 options payable
to PowerOne Capital Markets Limited
Each option is exercisable at $0.08 per
unit. Units are under the same terms as
those to be issued pursuant to the private
placement.
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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GENOIL INC. ("GNO")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: October 23, 2009
TSX Venture Tier 1 Company
TSX Venture Exchange has consented to the extension in the expiry date
of the warrants and convertible promissory notes described as follows:
Private Placement:
# of Warrants: 1,136,442
Original Expiry Date
of Warrants: October 6, 2009
New Expiry Date
of Warrants: October 6, 2010
Exercise Price
of Warrants: $0.41
These warrants were issued pursuant to a private placement of four
convertible promissory notes ('Notes') totaling $1,227,355.84 with
1,136,442 non-transferable share purchase warrants attached, which was
accepted for filing by the Exchange effective October 20, 2008.
The maturity date of the Notes, originally set for October 6, 2009, is
also being extended to October 6, 2010. The Notes have accrued an
aggregate of $147,282.70 in interest to October 6, 2009. The extensions
were disclosed in the Company's news release on October 22, 2009.
TSX-X
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GULFSIDE MINERALS LTD. ("GMG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Private
Placement-Non-Brokered
BULLETIN DATE: October 23, 2009
TSX Venture Tier 2 Company
1. Property-Asset or Share Purchase Agreement:
TSX Venture Exchange has accepted a Share Purchase Agreement dated
February 21, 2009 (the "Agreement") among Gulfside Minerals Ltd. (the
"Company"), and Allied Mega Investments (the "Vendor"), a limited
liability company registered in Hong Kong and 100% owner of mineral
exploration licenses 9304X and 12835X located in Mongolia (the
"Property"). Pursuant to the Agreement, the Company has the right to
acquire a 100% interest in the Property from the Vendor via cash and
share payments as noted below.
The aggregate consideration payable by the Company to the Vendor over a
4 year period is:
- US$9,500,000 cash (US$2,500,000 cash within the first year); and,
- 2,400,000 common shares (1,900,000 common shares within the first
year).
Insider / Pro Group Participation: Not applicable.
Finder's Fee: An aggregate finder's fee of $497,000 will be paid in
stages to Dorjdamba Ulamsaikhan, a Mongolian resident, in connection
with the Property acquisition. The first tranche of the finder's fee
amounting to $61,149 will be paid via 58,237 Units with the same terms
of the private placement noted below. The Company must re-apply to the
Exchange prior to the issuance of any shares in connection with the
finder's fee.
2.