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TSX Venture Exchange Stock Maintenance Bulletins

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VANCOUVER, April 7, 2020 /CNW/ -

TSX VENTURE COMPANIES

BULLETIN TYPE:  Cease Trade Order
BULLETIN DATE:  April 7, 2020
TSX Venture Company

A  Cease Trade Order has been issued by the Ontario Securities Commission on  April 06, 2020 against the following company for failing to file the documents indicated within the required time period:

Symbol

Tier

Company

Failure to File

Period

Ending

(Y/M/D)

PJT

2

Partner Jet Corp.

Audited annual financial statements for the
year

2019/11/30









Management's discussion and analysis
relating to the audited annual financial
statements for the year

2019/11/30









Certification of the foregoing filings as
required by National Instrument 52-109
Certification of Disclosure in Issuers' Annual
and Interim Filings
.


 

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.

________________________________________

APOLO III ACQUISITION CORP. ("AIII.P")
BULLETIN TYPE: Suspend-Failure to Complete a Qualifying Transaction within 24 months of Listing
BULLETIN DATE:  April 7, 2020
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange Bulletin dated April 6, 2020, effective at the open, Thursday, April 9, 2020 trading in the shares of the Company will be Suspended, the Company having failed to complete a Qualifying Transaction within 24 months of its listing.

Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.

________________________________________

GOLDEN PURSUIT RESOURCES LTD.  ("GDP")
BULLETIN TYPE:  Consolidation
BULLETIN DATE:  April 7, 2020
TSX Venture Tier 2 Company

Pursuant to a Directors resolution dated March 26, 2020, the Company has consolidated its capital on a (2) two old for (1) one new basis.  The name of the Company has not been changed.

Effective at the opening Thursday April 9, 2020, the common shares of Golden Pursuit Resources Ltd. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mineral Exploration/Development' company.

Post - Consolidation


Capitalization:                   

Unlimited

shares with no par value of which


15,782,052

shares are issued and outstanding

Escrow                                

Nil

shares are subject to escrow



Transfer Agent:                        

AST Trust Company (Canada)

Trading Symbol:                       

GDP

(UNCHANGED)

CUSIP Number:                   

38117L202

(new)

 

________________________________________

IMPERIAL EQUITIES INC. ("IEI")
BULLETIN TYPE:  Declaration of Dividend
BULLETIN DATE:  April 7, 2020
TSX Venture Tier  2 Company

The Issuer has declared the following dividend:

Dividend per Class A Common Share:  $0.025
Payable Date: April 30, 2020 
Record Date:  April 17, 2020
Ex-dividend Date: April 16, 2020

________________________________________

20/04/07- TSX Venture Exchange Bulletins

TSX VENTURE COMPANIES

AZARGA METALS CORP. ("AZR")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  April 07, 2020
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Mar 16, 2020:

Convertible Debenture              

$695,050.00



Initial Conversion Price:    

$0.10 per common share



Term of Maturity:              

December 31, 2022



Interest Rate:            

8%



Warrants:              

6,950,500 share purchase warrants to purchase 6,950,500 shares



Initial Exercise Price:            

$0.10



Term to Expiry:           

December 31, 2022



Number of Placees:        

1 Placee



Finder's Fee:




Alexey Mikhaylovskiy        

277,083 shares 

 

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.

The above information is a summary only.  Neither TMX Group Limited nor any of its affiliated companies guarantee the accuracy or completeness of the information contained in this document.  Readers should consult the issuer's continuous disclosure record for complete details of the transaction.

________________________________________

ESSEX MINERALS INC. ("ESX")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  April 7, 2020
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 5, 2020, March 9, 2020 and March 16, 2020:

Number of Shares:

15,000,000 shares



Purchase Price:

$0.10 per share



Number of Placees:

41 placees

 

Insider / Pro Group Participation:

Name

Insider=Y /
ProGroup=P

# of Shares




Terranora Limited (Paul Loudon)               

Y                                          

1,686,500

Yari Nieken                                                 

Y                                          

250,000




Aggregate Pro Group Involvement          

P                                           

2,450,000

[10 placees]



 

Finder's Fee:


Terranora Limited [Paul Loudon]

1,451,500 common shares                                   

 

Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company has issued a news release dated April 6, 2020, announcing the closing of the private placement and setting out the expiry dates of the hold period(s).

________________________________________

FALCON OIL & GAS LTD. ("FO")
BULLETIN TYPE:  Property-Asset or Share Disposition Agreement
BULLETIN DATE:  April 7, 2020
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation relating to an agreement (the "Agreement") dated April 7, 2020, between Origin Energy B2 Pty Ltd. (the 'Purchaser") and Falcon Oil & Gas Australia Limited ("Origin"), a 98% owned subsidiary of Falcon Oil & Gas Ltd. (the "Company"). Pursuant to the Agreement, Falcon is reducing its participating interest in the exploration permits held in the Beetaloo Sub-Basin in Australia from 30% to 22.5% in return for a carry in respect of increased exploration costs of A$150.5 million.

For more information, refer to the Company's news release dated April 7, 2020.

________________________________________

GOLDSOURCE MINES INC. ("GXS")
BULLETIN TYPE:  Private Placement-Brokered
BULLETIN DATE:  April 7, 2020
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced March 4, 2020:

Number of Shares:                  

60,026,500 shares



Purchase Price:              

$0.11 per share



Warrants:                    

30,013,250 share purchase warrants to purchase 30,013,250 shares



Warrant Exercise Price:    

$0.16 for a three-year period



Number of Placees:            

39 Placees

 

Insider / Pro Group Participation:

Name

Insider=Y /
ProGroup=P

 # of Shares




Maverick Mining Consultants, Inc

Y

700,000

(N. Eric Fier)



Nicholas J. Campbell

Y

1,000,000

Drew Anwyll

Y

400,000

Bernard Poznanski

Y

400,000




Aggregate Pro Group Involvement

P

400,000

[1 Placee]



                                                     

 

Agent's Fee:

Eight Capital - $223,066.14 cash and 2,142,954 Agent's Options


PI Financial Corp. - $111,533.07 cash and 1,071,477 Agent's Options


Raymond James Ltd. - $37,177.69 cash and 357,159 Agent's Options


Each non-transferable Agent's Option is exercisable into one unit at a price of $0.11 until March 24, 2022. Each unit is comprised of one share and one non-transferable warrant exercisable under the same terms as the offering.

                                              

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release dated March 24, 2020 announcing the closing of the private placement and setting out the expiry date of the hold periods. 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.

________________________________________

MARIFIL MINES LIMITED ("MFM")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  April 7, 2020
TSX Venture Tier  2 Company

Effective at  6:30 a.m. PST, April 07, 2020, shares of the Company resumed trading, an announcement having been made.

________________________________________

MINERA ALAMOS INC. ("MAI")
BULLETIN TYPE:  Property-Asset or Share Disposition Agreement
BULLETIN DATE:  April 7, 2020
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation relating to a royalty purchase agreement and a royalty agreement dated April 1, 2020 (collectively, the "Agreements") between Osisko Gold Royalties Ltd. ("Osisko") (TSX:OR) and Minera Alamos Inc. (the "Company"). Pursuant to the Agreements, the Company shall sell to Osisko a 3% net smelter return royalty on the Santana property located in Sonora, Mexico for a cash payment of $5,000,000. Pursuant to the Agreements, the Company has also an option to draw down up to a further $3,000,000 in three equal installments of $1,000,000 each at any time within 12 months of the closing (the "Optional Royalty). For each $1,000,000 of the Optional Royalty, the Company will grant to Osisko an additional net smelter return royalty of two-thirds of one percent (2/3%) up to an aggregate of 2% if the entire Optional Royalty is drawn.

For more information, refer to the Company's news releases dated December 6, 2019, February 26, 2020 and April 3, 2020.

________________________________________

NANOXPLORE INC. ("GRA")
BULLETIN TYPE:  Private Placement - Brokered
BULLETIN DATE:  April 7, 2020
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement as announced on a news release dated March 16, 2020:

Number of Securities:      

19,230,800 common shares



Purchase Price:         

$1.30 per common share



Number of Placees:           

13 Placees

 

Insider / ProGroup Participation:

Name

Insider = Y / ProGroup = P

# of shares

Martinrea International Inc.

Y

3,846,154

Luc Veilleux

Y

72,081

Soroush Nazarpour

Y

73,077

Rocco Marinaccio

Y

72,081

Aggregate ProGroup (1 Placee)

P

25,100

 

Finder's Fee:                       

Echelon Wealth Partners Inc., Paradigm Capital Inc., Stifel Nicolaus Canada
Inc., National Bank Financial Inc., Raymond James Ltd., Beacon Securities
Limited and Cormark Securities Inc. received a cash payment totalizing
$503,904.70. 

 

The Company has confirmed the closing of the Private Placement in a news release dated April 3, 2020.

NANOXPLORE INC. («GRA»)
TYPE DE BULLETIN: Placement privé par l'entremise d'un courtier
DATE DU BULLETIN: Le 7 avril 2020
Société du groupe 2 de TSX Croissance 

Bourse de Croissance TSX a accepté le dépôt de la documentation de la société en vertu d'un placement privé par l'entremise d'un courtier tel qu'annoncé dans un communiqué de presse daté du 16 mars 2020:

Nombre d'actions :          

19 230 800 actions ordinaires



Prix :                           

1,30 $ par action ordinaire



Nombre de souscripteurs :      

13 souscripteurs

 

Participation d'initiés / Groupe Pro:

Nom

Initié = Y / Groupe Pro = P

# d'actions

Martinrea International Inc.

Y

3 846 154

Luc Veilleux

Y

72 081

Soroush Nazapour

Y

73 077

Rocco Marinaccio

Y

72 081

Ensemble Groupe Pro (1 souscripteur)

P

25 100

                                               

Honoraire d'intermédiation :      

Echelon Wealth Partners Inc., Paradigm Capital Inc., Stifel Nicolaus Canada
Inc., National Bank Financial Inc., Raymond James Ltd., Beacon Securities
Limited et Cormark Securities Inc. ont reçu un paiement en espèces totalisant
503 904,70 $.

 

La société a confirmé la clôture du placement privé dans un communiqué de presse daté du 3 avril 2020.

________________________________________

ORCA EXPLORATION GROUP INC. ("ORC.B")
BULLETIN TYPE:  Normal Course Issuer Bid - Amendment
BULLETIN DATE:  April 7, 2020
TSX Venture Tier 2 Company

TSX Venture Exchange (the "Exchange") has been advised by the Company that it has amended a Notice of Intention to make a Normal Course Issuer Bid dated June 7, 2019, pursuant to which the Company has increased the maximum number of common shares that may be purchased under the bid from 1,000,000 shares to 1,700,000 shares, representing 5% of the Company's issued and outstanding common shares as of June 14, 2019. The bid expires no later than June 14, 2020.

For more information, please refer to the news release of the Company dated April 7, 2020.

________________________________________

PEOPLE CORPORATION ("PEO")
BULLETIN TYPE:  Halt
BULLETIN DATE:  April 7, 2020
TSX Venture Tier  2 Company

Effective at 12:44 a.m. PST, April 06, 2020, trading in the shares of the Company was halted at the request of the Company, pending news; 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.

________________________________________

PEOPLE CORPORATION ("PEO")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  April 7, 2020
TSX Venture Tier  2 Company

Effective at 6:30 a.m. PST, April 07, 2020, shares of the Company resumed trading, an announcement having been made.

________________________________________

TERAS RESOURCES INC. ("TRA")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE:  April 7, 2020
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:

Private Placement:




# of Warrants:

5,800,000

Original Expiry Date of Warrants:

April 17, 2020

New Expiry Date of Warrants:

April 17, 2021

Exercise Price of Warrants:

$0.05 (UNCHANGED)

 

These warrants were issued pursuant to a private placement of 5,800,000 shares with 5,800,000 share purchase warrants attached, which was accepted for filing by the Exchange effective April 25, 2019.

________________________________________

TERAS RESOURCES INC. ("TRA")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE:  April 7, 2020
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:

Private Placement:




# of Warrants:                                            

12,357,725

Original Expiry Date of Warrants:                 

August 2, 2020

New Expiry Date of Warrants:                       

August 1, 2022

Exercise Price of Warrants:                            

$0.075 (UNCHANGED)

 

These warrants were issued pursuant to a private placement of 12,357,725 shares with 12,357,725 share purchase warrants attached, which was accepted for filing by the Exchange effective December 11, 2018.

________________________________________

YDX INNOVATION CORP. ("YDX")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  April 7, 2020
TSX Venture Tier  2 Company

Effective at  6:30 a.m. PST, April 07, 2020, shares of the Company resumed trading, an announcement having been made.

________________________________________

NEX Company:

PACIFIC ARC RESOURCES LTD.  ("PAV.H")
BULLETIN TYPE:  Remain Halted
BULLETIN DATE:  April 7, 2020
NEX Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated April 03, 2020, trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the change of business and/or Reverse Take-Over pursuant to Listings Policy 5.2

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.

________________________________________

SOURCE TSX Venture Exchange

Cision View original content: http://www.newswire.ca/en/releases/archive/April2020/07/c1898.html

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