VANCOUVER, May 26, 2017 /CNW/ -
TSX VENTURE COMPANIES
BACANORA MINERALS LTD. ("BCN")
BULLETIN
TYPE: Private Placement-Non-Brokered
BULLETIN
DATE: May 26,
2017
TSX Venture Tier
2 Company
TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced May 24, 2017.
Number of
Securities:
|
8,573,925 Common
Shares
|
|
|
Purchase
Price:
|
$1.51 per Share
(£0.86)
|
|
|
Warrants:
|
None
|
|
|
Warrant Exercise
Price:
|
None
|
|
|
Number of
Placees:
|
1 Placee
|
|
|
Insider /
|
|
Pro Group
Participation:
|
None
|
|
|
Finder's
Fee:
|
Cash payment of
$519,100 to W.H. Ireland Limited
|
________________________________________
CANNABIS WHEATON INCOME CORP.
("CBW")
BULLETIN TYPE: Halt
BULLETIN
DATE: May 26,
2017
TSX Venture Tier 2 Company
Effective at 7:00 a.m. PST,
May 26, 2017, 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.
________________________________________
ELECTRA STONE
LTD. ("ELT")
BULLETIN TYPE:
Property-Asset or Share Purchase
Agreement
BULLETIN DATE: May 26, 2017
TSX Venture Tier
2 Company
TSX Venture Exchange has accepted for filing a Purchase
Agreement dated May 1, 2017 between
Electra Stone Ltd. (the "Company") and Quartz Creek Development
Ltd. (the "Vendor"), whereby the Company is purchasing a ne
nephrite jade project situated between Provencher Lake and Kutcho Creek in the Cassiar
region of BC. In consideration, the Company will issue
1,500,000 shares to the Vendor.
________________________________________
FIREWEED ZINC
LTD ("FWZ")
BULLETIN TYPE: New
Listing-IPO-Shares, Halt
BULLETIN DATE:
May 26, 2017
TSX Venture
Tier 2 Company
The Company's Initial Public Offering ('IPO') Prospectus dated
May 9, 2017, has been filed with and
accepted by TSX Venture Exchange, and filed with and receipted by
the British Columbia, Alberta, Ontario and Yukon Territories Securities
Commission's on 10, May, 2017, pursuant to the provisions of the
Securities Act (British
Columbia) and Multilateral Instrument 11-202.
The gross proceeds received by the Company for the Offering were
$4,025,000 (8,050,000 common shares at
$0.50 per share). The
Company is classified as a 'Mineral Exploration and Development'
company.
Commence
Date:
|
At the opening
Monday, May 29, 2017, the Common shares will be listed and
immediately halted on TSX Venture Exchange.
|
|
|
Corporate
Jurisdiction:
|
Yukon
Territory
|
|
|
Capitalization:
|
Unlimited
common shares with no par value of which
|
|
17,756,370
common shares are issued and outstanding
|
Escrowed
Shares:
|
7,860,000
common shares
|
|
|
Transfer
Agent:
|
Computershare
Investors Services Inc
|
Trading
Symbol:
|
FWZ
|
CUSIP
Number:
|
31832Q101
|
|
|
Agent:
|
Haywood Securities
Inc.
|
Greenshoe
Option:
|
The Agent has
over-allotted the Offering and sold an additional 1,050,000
shares.
|
|
|
Agent's Warrants:
|
286,370 common
shares, 403,000 non-transferable share purchase
warrants. One warrant to purchase one share at $0.50 per
share up to May 29, 2019.
|
For further information, please refer to the Company's
Prospectus dated May 9, 2017.
Company
Contact:
|
Brandon
MacDonald
|
Company
Address:
|
1020-800 W. Pender
Street, Vancouver, BC, V6C 2V6
|
Company Phone
Number:
|
604-646-8360
|
Company Email
Address:
|
Brandon@macdonald.com
|
Halt
Effective at open of trading, Monday May
29, 2017, trading in the shares of the Company was halted at
the request of the Company.
________________________________________
FIRM CAPITAL AMERICAN REALTY PARTNERS CORP.
("FCA.U")("FCA")("FCA.WT.U"
BULLETIN TYPE:
Prospectus-Unit Offering, New Listing-Warrants, Commencement of
Canadian Dollar Trading
BULLETIN DATE: May 26, 2017
TSX Venture Tier
1 Company
Prospectus-Unit Offering
Effective May 25, 2017, the
Company's Short Form Prospectus dated May
19, 2017, was filed with and accepted by TSX Venture
Exchange (the "Exchange"), and effective May
23, 2017 was filed with and receipted by the British Columbia, Alberta, Saskatchewan, Manitoba, New
Brunswick, Nova Scotia,
Prince Edward Island, Newfoundland and Labrador and Ontario Securities Commissions,
pursuant to the provisions of the respective Securities
Acts.
TSX Venture Exchange has been advised that closing is scheduled
to occur on May 29, 2017 for gross
proceeds of US$3,198,000 and
CDN$4,288,102 (no over-allotment
option exercised to date).
Underwriter:
|
Canaccord Genuity
Corp.
|
|
|
Offering:
|
845,160 Units.
Each Unit consists of one common share and one share purchase
warrant ("Warrant").
|
|
|
Unit
Price:
|
US$7.50 per
Unit
|
|
CDN$10.24 per
Unit
|
|
|
Warrant Exercise
Price/Term:
|
Each Warrant entitles
the holder to acquire one common share at a price of US$8.50 for a
period of three years.
|
|
|
Underwriter's
Fee:
|
The Underwriter shall
receive a 6% cash commission of gross proceeds raised from the
offering.
|
|
|
Over-Allotment
Option:
|
The Underwriter was
granted an over-allotment option in connection with this offering
to purchase up to an additional 126,774 Units (being 15% of the
Offering) on the same terms as above, exercisable up to 30 days
after the closing of the Offering. The above noted Underwriter's
Fee shall also be applicable to the Over-Allotment
Option.
|
For further information, refer to the Company's Short Form
Prospectus dated May 19, 2017 filed
on SEDAR.
New Listing-Warrants
The Warrants of the Company will be listed and admitted to
trading on the TSX Venture Exchange, on the effective date as
stated below.
Commencement
date:
|
At the opening on
Monday May 29, 2017, the Warrants will commence trading
on TSX Venture Exchange.
|
|
|
Corporate
Jurisdiction:
|
Ontario
|
|
|
Capitalization:
|
845,160 Warrants will
be issued and outstanding
|
|
|
Transfer
Agent:
|
TSX Trust
Company
|
Trading
Symbol:
|
FCA.WT.U
|
CUSIP
Number:
|
318322146
|
The Warrants shall
trade in U.S. dollars.
|
The closing of the prospectus offering of Units (the "Offering")
is expected to occur prior to the opening of business on
Monday, May 29, 2017. The
Warrants will be posted for trading at the opening of business on
Monday, May 29, 2017, upon
confirmation of closing of the Offering.
Commencement of Canadian Dollar Trading
Commencing at the opening on Monday,
May 29, 2017, the Company's common shares will be quoted
in Canadian dollars under the trading information as set out
below.
This is in addition to the common shares being quoted in U.S.
dollars.
Canadian Dollar Trading:
Stock Symbol: ("FCA") CUSIP #: 318322203
U.S. Dollar Trading
Stock Symbol: ("FCA.U") CUSIP #: 318322203
________________________________________
FREEDOM ENERGY
INC. ("FREE")
[formerly MINECORP
ENERGY LTD. ("MCE")]
BULLETIN
TYPE: Name Change
BULLETIN DATE: May 26, 2017
TSX Venture Tier
2 Company
Pursuant to a Directors resolution dated May 15, 2017, the Company has changed its name as
follows. There is no consolidation of capital.
Effective at the opening May 29,
2017, the common shares of Freedom Energy Inc. will
commence trading on TSX Venture Exchange, and the common shares of
Minecorp Energy Ltd. will be delisted. The Company is
classified as a 'Coal Mining' company.
Capitalization:
|
unlimited
|
shares with no par
value of which
|
|
28,809,202
|
shares are issued and
outstanding
|
Escrow:
|
nil
|
|
|
|
Transfer
Agent:
|
Computershare Trust
Company of Canada
|
Trading
Symbol:
|
FREE
|
(new)
|
CUSIP
Number:
|
35638M107
|
(new)
|
________________________________________
GLOBAL DAILY FANTASY SPORTS INC.
("DFS")
BULLETIN TYPE: Resume
Trading
BULLETIN DATE: May
26, 2017
TSX Venture Tier 2 Company
Effective at 12:00 p.m. PST,
May 26, 2017, shares of the Company
resumed trading, an announcement having been made.
________________________________________
GREAT ATLANTIC RESOURCES
CORP. ("GR")
BULLETIN TYPE:
Private Placement-Non-Brokered
BULLETIN DATE:
May 26, 2017
TSX Venture
Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced May 16, 2017:
Number of
Shares:
|
2,00,000 shares
|
|
|
Purchase
Price:
|
$0.08 per
share
|
|
|
Warrants:
|
2,000,000 share
purchase warrants to purchase 2,000,000 shares
|
|
|
Warrant Exercise
Price:
|
$0.10 for a five
year period
|
|
|
Number of
Placees:
|
7 Placees
|
|
|
|
|
|
Insider / Pro Group
Participation:
|
|
|
|
Insider=Y
/
|
|
Name
|
ProGroup=P
|
# of
Shares
|
Barry
Brown
|
Y
|
250,000
|
Aggregate Pro Group
Involvement
|
P
|
250,000
|
|
[2
Placees]
|
|
|
The Company issued a news release on May
26, 2017 confirming closing of the private placement.
________________________________________
HUNT MINING CORP. ("HMX")
BULLETIN TYPE: Reinstated
for Trading
BULLETIN DATE: May 26,
2017
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletin dated May 5, 2017, the Exchange has been advised that
the Cease Trade Order issued by the British Columbia and Ontario Securities
Commissions dated May 5, 2017
has been revoked.
Effective at the opening, Monday, May 29, 2017, trading will be
reinstated in the securities of the Company.
__________________________________
KENADYR MINING (HOLDINGS) CORP. ("KEN")
BULLETIN
TYPE: Resume Trading
BULLETIN DATE:
May 26, 2017
TSX Venture
Tier 2 Company
Effective at 8:00 a.m. PST,
May 26, 2017, shares of the Company
resumed trading, an announcement having been made.
________________________________________
MIRA VII ACQUISITION
CORP. ("MVA.P")
BULLETIN TYPE:
CPC-Filing Statement
BULLETIN DATE: May 26, 2017
TSX Venture Tier
2 Company
TSX Venture Exchange has accepted for filing the Company's CPC
Filing Statement dated May 26, 2017,
for the purpose of filing on SEDAR.
________________________________________
NIGHTHAWK GOLD CORP. ("NHK")
BULLETIN TYPE:
Graduation
BULLETIN DATE: May 26, 2017
TSX Venture Tier 2
Company
TSX Venture Exchange has been advised that the Company's shares
will be listed and commence trading on Toronto Stock Exchange at
the opening, on Monday, May 29,
2017, under the symbol "NHK".
As a result of this Graduation, there will be no further trading
under the symbol "NHK" on TSX Venture Exchange after May 26, 2017, and its shares will be delisted
from TSX Venture Exchange at the commencement of trading on Toronto
Stock Exchange.
________________________________________
NORTHERN VERTEX MINING CORP.
("NEE")("NEE.DB")
BULLETIN TYPE: Resume
Trading
BULLETIN DATE: May
26, 2017
TSX Venture Tier 2 Company
Effective at 6:30 a.m. PST,
May 26, 2017, shares of the Company
resumed trading, an announcement having been made.
________________________________________
PACTON GOLD
INC. ("PAC")
BULLETIN TYPE:
Property-Asset or Share Purchase
Agreement
BULLETIN DATE: May 26, 2017
TSX Venture Tier
2 Company
TSX Venture Exchange has accepted for filing an Option Agreement
dated May 23, 2017 between Pacton
Gold Inc. (the Company) and 1544230 Ontario Inc. (Perry and Julia English) and Mastodon Geological
Services Inc. (Richard Dale Ginn,
Nav Dhaliwal) (the Vendors) whereby
the Company may acquire a 100% interest in the Red Lake Property
(30 mineral claims). Consideration is $250,000 cash and 2,500,000 common shares
over a two year period.
The Vendors retain a 2.5% NSR, with the Company having the
option to purchase 1% of the NSR at any time for $1,500,000.
________________________________________
PACTON GOLD
INC. ("PAC")
BULLETIN TYPE:
Property-Asset or Share Purchase
Agreement
BULLETIN DATE: May 26, 2017
TSX Venture Tier
2 Company
TSX Venture Exchange has accepted for filing an Option Agreement
dated May 23, 2017 between Pacton
Gold Inc. (the Company) and 1544230 Ontario Inc. (Perry and Julia English) (the Vendors) whereby
the Company may acquire a 100% interest in the Byshe/Ranger
property (14 mineral claims). Consideration is $70,000 cash and 300,000 common shares over
a three year period.
________________________________________
PORTOFINO RESOURCES
INC. ("POR")
BULLETIN
TYPE: Private
Placement-Non-Brokered
BULLETIN DATE:
May 26, 2017
TSX Venture
Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced Mar 29, 2017:
Number of
Shares:
|
11,680,000
shares
|
|
|
Purchase
Price:
|
$0.05 per
share
|
|
|
Warrants:
|
11,680,000 share
purchase warrants to purchase 11,680,000 shares
|
|
|
Warrant Initial
Exercise Price:
|
$0.08
|
|
|
Warrant Term to
Expiry:
|
2 Years
|
|
|
Number of
Placees:
|
42 Placees
|
|
|
|
Insider / Pro Group
Participation:
|
|
|
Name
|
Insider=Y /
Pro-Group=P
|
# of
Shares
|
David Tafel
|
Y
|
300,000
|
Seatrend Strategy
Group
|
Y
|
200,000
|
|
(Jeremy
Wright)
|
|
|
Aggregate Pro-Group
Involvement [3 Placees]
|
P
|
900,000
|
|
|
Finder's
Fee:
|
|
Haywood Securities
Inc.
|
$8,000.00 cash;
160,000 warrants
|
PI Financial
Corp.
|
$11,900.00 cash;
238,000 warrants
|
Canaccord Genuity
Corp.
|
$3,850.00 cash;
77,000 warrants
|
Finder Warrant
Initial Exercise
Price:
|
$0.08
|
|
|
Finder Warrant Term
to Expiry:
|
2 years exercisable
at
$0.08
|
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.
________________________________________
ROJO RESOURCES
LTD. ("RJ")
BULLETIN TYPE:
Consolidation
BULLETIN DATE: May 26, 2017
TSX Venture Tier
2 Company
Pursuant to a directors' resolution passed on May 14, 2017, the Company has consolidated its
capital on a five (5) old for one (1) new basis.
The name of the Company has not been changed.
Effective at the opening Monday, May
29, 2017, the shares of 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
|
|
4,890,612
|
shares are issued and
outstanding
|
Escrow
|
nil
|
shares are
subject to escrow
|
|
|
Transfer
Agent:
|
Computershare
Investor Services Inc.
|
Trading
Symbol:
|
RJ
|
(UNCHANGED)
|
CUSIP
Number:
|
77543W 20
0
|
(new)
|
________________________________________
TRIBUTE RESOURCES INC.
("TRB")
BULLETIN TYPE: Private
Placement-Non-Brokered, Convertible Debenture/s
BULLETIN
DATE: May 26,
2017
TSX Venture Tier
2 Company
TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced February 6, 2017 and March
9, 2017:
Convertible
Debenture
|
$900,000
|
|
|
Conversion
Price:
|
Convertible into
common shares at a conversion price of $0.05
|
|
|
Maturity
date:
|
March 31,
2019
|
|
|
Warrants
|
None
|
|
|
|
|
Interest
rate:
|
10%
|
|
|
Number of
Placees:
|
|
6 Placees
|
|
|
|
Insider / Pro Group
Participation:
|
|
|
|
|
|
Name
|
Insider=Y /
ProGroup=P
|
Principal
Amount
|
Schoevest Investment
Inc.
|
Y
|
$100,000
|
(Jack
Schoenmakers)
|
|
|
Peter Brian
Budd
|
Y
|
$100,000
|
Brookwood Resources
Inc.
|
Y
|
$50,000
|
(Jane
Lowrie)
|
|
|
Jarvis Holdings
Inc.
|
Y
|
$50,000
|
(Jen
Nisker)
|
|
|
Crich Holdings and
Buildings Limited
|
Y
|
$100,000
|
(James
Crich)
|
|
|
________________________________________
WESTCORE ENERGY LTD. ("WTR")
BULLETIN
TYPE: Private Placement-Non-Brokered
BULLETIN
DATE: May 26,
2017
TSX Venture Tier
2 Company
TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced on
February 28, 2017:
Number of
Shares:
|
4,000,000 common
share units
("Units")
|
|
Each Unit consists of
one common share of the Company ("Share") and one Share purchase
warrant.
|
|
|
Purchase
Price:
|
$0.15 per
Unit.
|
|
|
Warrants:
|
4,000,000 share
purchase warrants to purchase 4,000,000 shares.
|
|
|
Warrant Exercise
Price:
|
$0.25 for up to 24
months from date of issuance
|
|
|
Number of
Placees:
|
18 Placees
|
|
|
|
Insider / Pro Group
Participation:
|
|
|
|
Insider=Y
/
|
|
Name
|
ProGroup=P
|
# of
Units
|
Eros Resources
Corp
|
Y
|
400,000
|
|
|
|
Paul
Bolger
|
Y
|
33,333
|
|
|
|
Andrew
MacRitchie
|
Y
|
100,000
|
|
|
|
Jeffrey
Sheppard
|
Y
|
500,000
|
|
|
|
Jaelky Holdings
Ltd
|
Y
|
500,000
|
(Andrew
Davidson)
|
|
|
|
|
|
TMM Portfolio
Management
|
Y
|
500,000
|
(Thomas
MacNeill)
|
|
|
|
|
|
49 North Resources
Inc
|
Y
|
906,667
|
________________________________________
NEX COMPANIES
ASSURE HOLDINGS CORP. ("IOM")
[formerly MONTREUX
CAPITAL CORP. ("MRX.H")]
BULLETIN TYPE: Qualifying
Transaction-Completed/New Symbol, Private Placement-Non-Brokered,
Private Placement-Brokered, Graduation from NEX to TSX Venture,
Name Change and Consolidation and Resume Trading
BULLETIN
DATE: May 26,
2017
NEX Company
Qualifying Transaction-Completed/New Symbol:
TSX Venture Exchange Inc. (the "Exchange") has accepted for
filing Montreux Capital Corp's (now Assure Holdings Corp., the
"Company") Qualifying Transaction described in its filing statement
(the "Filing Statement") dated May
16, 2017. As a result, effective at the
opening on Monday, May 29,
2017, the trading symbol for the Company will change
from MRX.H to IOM and the Company will no longer be considered a
Capital Pool Company.
Pursuant to a share exchange agreement dated May 16, 2017 between the Company and Assure
Holdings, Inc. ("Assure"), a private Colorado company, the Company has issued
24,000,000 (post-consolidation) common shares of the Company in
exchange for all of the issued and outstanding shares of Assure.
Additionally, 6,000,000 (post-consolidation) common shares may be
issued in the future in the event of certain performance criterion
being met.
The Exchange has been advised that the Qualifying Transaction
has been completed. The full particulars of the Company's
Qualifying Transaction are set forth in the Filing Statement dated
May 16, 2017 which has been accepted
for filing by the Exchange and which is available under the
Company's profile on SEDAR.
Private Placement-Non-Brokered, Private
Placement-Brokered:
In connection with the closing of the Qualifying Transaction,
Assure completed a subscription receipt (each, a "Subscription
Receipt") financing of 6,392,060 Subscription Receipts at a price
of $0.50 per Subscription Receipt.
Gross proceeds of $3,196,030 were
raised in this regard. Each Subscription Receipt has now converted
into one (post-consolidation) common share of the Company and such
common shares are included in the capitalization table below. The
brokered portion of the Subscription Receipt financing was led by
Leede Jones Gable Inc.
Graduation from NEX to TSX Venture:
In conjunction with the above, the Company has met the
requirements to be listed as a TSX Venture Tier 2 Company.
Therefore, effective on Monday, May 29,
2017, the Company's listing will transfer from NEX to
TSX Venture, the Company's Tier classification will change from NEX
to Tier 2 and the Filing and Service Office will change from NEX to
Vancouver.
Name Change and Consolidation:
Pursuant to a director's resolution dated April 28, 2017, the Company has consolidated its
capital on a Three (3) old for One (1) new basis. The name of
the Company has also been changed as follows.
Effective at the opening Monday, May
29, 2017, the common shares of Assure Holdings
Inc. will commence trading on TSX Venture Exchange, and the
common shares of Montreux Capital Corp. will be delisted. The
Company is classified as a 'Life Sciences' company.
Post -
Consolidation
|
|
Capitalization:
|
900,000,000
|
authorized shares of
which
|
|
34,928,393
|
shares are issued and
outstanding
|
Escrow:
|
23,091,037
|
shares are subject to
Tier 2 Surplus Escrow
|
|
|
Transfer
Agent:
|
Computershare Trust
Company of Canada
|
Trading
Symbol:
|
IOM
|
NEW
|
CUSIP
Number:
|
04625J105
|
NEW
|
Resume Trading:
Effective at the open on Monday, May
29, 2017, the shares of the Company will resume
trading.
________________________________________
TRENCHANT CAPITAL CORP. ("TCC")
[formerly Trenchant
Capital Corp. ("TCC.H")]
BULLETIN TYPE: Change of
Business, Private Placement-Non-Brokered, Prospectus-Debenture
Offering, Graduation from NEX to TSX Venture
BULLETIN
DATE: May 26,
2017
NEX Company
TSX Venture Exchange (the "Exchange") has accepted for filing
Trenchant Capital Corp.'s (the "Company") Change of Business (the
"COB") and related transactions, all as principally described in
its Filing Statement dated April 20,
2017 (the 'Filing Statement"). The COB includes the
following matters, all of which have been accepted by the
Exchange.
Change of Business:
The Company has made an investment of $5,522,000 (the "Loan") to Waiward Investments
Limited Partnership (the "Borrower") pursuant to a loan agreement
dated March 2, 2017. The Borrower is
a limited partnership related to the Hillcore Group. The Loan
will bear interest at the rate of 12.5% per annum, with 10% payable
quarterly in cash and 2.5% being added quarterly to the outstanding
principal. The maturity date of the Loan is March 31, 2022.
HCG5 Investment Limited Partnership, a limited partnership
related to Hillcore Group, is the beneficial owner of 17.3% of the
Company's shares. The Exchange has been advised that the COB has
received shareholder approval. For additional information refer to
the Company's Filing Statement which is available under the
Company's profile on SEDAR.
Private Placement-Non-Brokered:
The Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement of preferred shares (the
"Preferred Shares") announced March 8,
2017:
Number of Preferred
Shares:
|
6,750,000 shares
|
|
|
Terms:
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$0.40 per Preferred
Share, each entitling the holder to receive annual non-cumulative
dividend of 8% per annum. Holders of Preferred Shares may,
commencing May 18, 2018, convert Preferred Shares into common
shares on a one for one basis subject to certain limits. The
Preferred Shares will automatically convert into common shares on a
one for one basis May 18, 2020.
|
|
|
Number of
Placees:
|
8 Placees
|
|
|
|
Insider / Pro Group
Participation:
|
|
|
|
|
|
Name
|
Insider=Y
|
# of Preferred
Shares
|
Tom
English
|
Y
|
1,250,000
|
Hillcore Diversified
Industries Ltd.
|
Y
|
3,937,500
|
(Greg
Tedesco)
|
|
|
|
|
|
1 Pro Group
Placee
|
|
375,000
|
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.
Prospectus-Debenture Offering
Effective April 21, 2017, the
Company's prospectus dated April 20,
2017 with respect to an offering of 9% secured convertible
debentures (the "Debentures") was filed with and accepted by the
Exchange, and filed with and receipted by the British Columbia
Securities Commission, the Alberta Securities Commission, the
Financial and Consumer Affairs Authority of Saskatchewan, the Manitoba Securities
Commission and the Ontario Securities Commission.
Convertible
Debenture
|
$5,522,000
|
|
|
Conversion
Price:
|
Convertible into a
maximum of 5,522,000 shares on or after May 18, 2018, at the option
of the holder, at a conversion price of the greater of $1.00 and
95% of the volume weighted average trading price for the 30 day
trading period ending three business days before the conversion
date. The conversion is subject to certain limits.
|
|
|
Maturity
date:
|
March 31,
2022
|
|
|
|
|
Interest
rate:
|
9% per
annum
|
|
|
Number of
Placees:
|
171 Placees
|
|
|
Agents:
|
Industrial Alliance
Securities Inc.
|
|
Canaccord Genuity
Corp.
|
|
GMP Securities
L.P.
|
|
Raymond James
Ltd.
|
|
Echelon Wealth
Partners Inc.
|
|
Mackie Research
Capital Corporation
|
|
PI Financial
Corp.
|
|
Hampton Securities
Limited
|
|
Integral Wealth
Securities Limited
|
|
Leede Jones Gable
Inc.
|
In connection with the Prospectus, the Agents collectively
received a cash commission of $358,930.
Graduation from NEX to TSX Venture:
The Company has met the requirements to be listed as a TSX
Venture Tier 2 Company. Therefore, effective on
Monday, May 29, 2017 the
Company's listing will transfer from NEX to TSX Venture, the
Company's Tier classification will change from NEX to Tier
2 and the Filing and Service Office will change from NEX to
Vancouver.
The Company is classified as an Investment company.
Capitalization:
|
Unlimited
|
common shares with no
par value of which
|
|
11,535,885
|
common shares are
issued and outstanding
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Escrow:
|
9,958,293
|
common shares are
subject to Tier 2 Value Escrow
|
|
|
Transfer
Agent:
|
Computershare
Investor Services Inc. (Vancouver office)
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Trading
Symbol:
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TCC
|
(NEW)
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CUSIP
Number:
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89485R 10
7
|
(UNCHANGED)
|
________________________________________
SOURCE TSX Venture Exchange