VANCOUVER, BC, July 17,
2024 /CNW/ -
TSX VENTURE COMPANIES
BULLETIN V2024-2201
BULLETIN TYPE: Cease Trade Order
BULLETIN
DATE: July 17,
2024
TSX Venture Company
A Cease Trade Order has been issued by the British Columbia
Securities Commission on July 16,
2024 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)
|
OGO
|
2
|
ORGANTO FOODS
INC.
|
Annual audited
financial statements for the year.
|
2023/12/31
|
|
|
|
Interim financial
report for the period.
|
2024/03/31
|
|
|
|
Management's discussion
and analysis for the periods.
|
2023/12/31
&
2024/03/31
|
|
|
|
Certification of annual
and interim filings for the periods.
|
2023/12/31
&
2024/03/31
|
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.
_______________________________________
BULLETIN V2024-2202
PHARMACIELO LTD. ("PCLO")
BULLETIN TYPE:
Reinstated for Trading
BULLETIN DATE: July 17, 2024
TSX Venture Tier 2
Company
Further to the TSX Venture Exchange Bulletin dated May 8, 2024, the Exchange has been advised that
the Cease Trade Order issued by the Ontario Securities Commission
dated May 7, 2024 has been
revoked.
Effective at the opening, Friday, July
19, 2024, trading will be reinstated in the securities
of the Company.
_______________________________________
BULLETIN V2024-2203
VITREOUS GLASS INC. ("VCI")
BULLETIN TYPE:
Declaration of a Special Dividend
BULLETIN DATE:
July 17, 2024
TSX Venture
Tier 2 Company
The Issuer has declared the following special dividend:
Dividend per common share: $0.10
Payable Date: August 15, 2024
Record Date: August 1, 2024
Ex-dividend Date: August 1, 2024
_______________________________________
24/07/17 - TSX Venture Exchange
Bulletins
TSX VENTURE COMPANIES
BULLETIN V2024-2204
BORON ONE HOLDINGS INC. ("BONE")
BULLETIN TYPE:
Miscellaneous
BULLETIN DATE: July
17, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted the Company's warrant
incentive program (the "Warrant Incentive Program") designed
to encourage the exercise of 10,626,000 existing warrants (the
"Existing Warrants") of the Company. Each Existing Warrant
entitled the holder to acquire one common share at a price of
$0.05 per share, as described in the
Company's news releases dated May 6,
2024 and May 29, 2024.
Pursuant to the Warrant Incentive Program, each of the holders
of the Existing Warrants that exercised their warrants during an
early exercise period (the "Early Exercise Period") received
an additional warrant (the "Incentive Warrant") entitling
such holder to acquire one common share of the Company at a price
of $0.07 per share that will expire
at the earlier of (i) Dec. 19, 2026,
and (ii) at the Company's option, 30 days, if for any 10
consecutive trading days the closing price of the Company's common
shares equals or exceeds $0.15.
The Early Exercise Period commenced on May 29, 2024 and
expired on June 12, 2024.
In connection with the Warrant Incentive Program, a total of
5,366,000 Existing Warrants were exercised, providing gross
proceeds of $268,300 to the Company
and resulting in the Company issuing 5,366,000 common shares and
5,366,000 Incentive Warrants as follows:
Number of shares issued
upon exercise of Existing Warrants:
|
5,366,000 common
shares
|
|
|
Purchase Price
(exercise price of the Existing Warrants):
|
$0.05 per common
share
|
|
|
Incentive
Warrants:
|
5,366,000 common share
purchase warrants to purchase 5,366,000 common shares
|
|
|
Incentive Warrant
Exercise Price:
|
Each Incentive Warrant
entitles the holder to acquire one common share at a price of $0.07
per share which will expire on the earlier of (i) Dec. 19, 2026,
and (ii) at the Company's option, 30 days, if for any 10
consecutive trading days the closing price of the Company's common
shares equals or exceeds $0.15.
|
|
|
Number of
Placees:
|
17 Placees
|
Insider / Pro Group
Participation:
|
|
|
|
|
|
Placees
|
# of Placee
(s)
|
Aggregate # of
Shares
|
|
|
|
|
|
|
Aggregate Existing
Insider Involvement:
|
1
|
100,000
|
Aggregate Pro Group
Involvement:
|
1
|
650,000
|
All Existing Warrants that were not exercised under the Warrant
Incentive Program continue to entitle the holder to acquire common
shares as per the original terms of the Existing Warrants.
For further details, please refer to the Company's news releases
dated May 6, 2024, May 29, 2024 and June 25,
2024.
_______________________________________
BULLETIN V2024-2205
CENTAURUS ENERGY INC. ("CTA")
BULLETIN
TYPE: Halt
BULLETIN DATE: July 17, 2024
TSX Venture Tier 2
Company
Effective at 1:17 p.m. PST,
July 16, 2024, trading in the shares
of the Company was halted, 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.
_______________________________________
BULLETIN V2024-2206
FIRST NORDIC METALS CORP. ("FNM")
BULLETIN
TYPE: Miscellaneous
BULLETIN DATE:
July 17, 2024
TSX Venture
Tier 2 Company
TSX Venture Exchange has accepted the Company's warrant
incentive program (the "Warrant Incentive Program) designed to
encourage the exercise of 7,689,583 existing warrants of the
Company. Each warrant entitled the holder to acquire one common
share at a price of $0.29.
Pursuant to the Warrant Incentive Program, each of the holders
of warrants that exercised warrants during an early exercise period
(the "Early Exercise Period") received one-half of an additional
incentive warrant. Each whole incentive warrant entitles such
holder to acquire a common share of the Company at a price of
$0.40 per share for a two-year
period.
The Early Exercise Period commenced on June 14, 2024 and
expired on July 7, 2024.
In connection with the Warrant Incentive Program, a total of
6,301,273 warrants were exercised, providing gross proceeds of
$1,827,369 to the Company and
resulting in the Company issuing 6,301,273 Common Shares and
3,150,631 Incentive Warrants as follows:
Number of shares issued
upon exercise of existing warrants:
|
6,301,273 common
shares
|
|
|
Purchase Price
(exercise price of the existing warrants):
|
$0.29 per common
share
|
|
|
Incentive
Warrants:
|
3,150,631 share
purchase warrants to purchase 3,150,631 shares
|
|
|
Incentive Warrant
Exercise Price:
|
at a price of $0.40 per
share for a two-year period
|
|
|
Number of
Placees:
|
53 Placees
|
Name
|
Insider=Y
/
ProGroup=P
|
Number of
Shares
|
Adam
Cegielski
|
Y
|
338,342
|
Toby Pierce
|
Y
|
169,171
|
All warrants that were not exercised under the Warrant Incentive
Program continued to entitle the holder to acquire one common share
at the exercise price of $0.29 per
common share until For further details, please refer to
the Company's news releases dated and June
13, 2024 and July 10,
2024.
_______________________________________
BULLETIN V2024-2207
GARIBALDI RESOURCES CORP. ("GGI")
BULLETIN TYPE:
Warrant Term Extension
BULLETIN DATE: July 17, 2024
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:
|
2,845,722
|
Original Expiry Date of
Warrants:
|
July 22, 2024 for
2,664,472 warrants and September 16, 2024 for 181,250
warrants.
|
New Expiry Date of
Warrants:
|
July 22, 2025
for 2,664,472 warrants and September 16, 2025 for 181,250
warrants.
|
Exercise Price of
Warrants:
|
$0.55
(unchanged)
|
These warrants were issued pursuant to a private placement of
5,328,944 flow-through shares with 2,664,472 share purchase
warrants and 362,500 non-flow-through shares with 181,250
share purchase warrants attached, which was accepted for filing by
the Exchange effective September 22,
2022.
_______________________________________
BULLETIN V2024-2208
GOLDEN HORSE MINERALS LIMITED ("GHML")
BULLETIN
TYPE: Property-Asset or Share Purchase
Agreement
BULLETIN DATE: July 17, 2024
TSX Venture Tier 2
Company
TSX Venture Exchange has accepted for filing a Tenement Options
and Sale Agreement (the Agreement) dated August 1, 2023, with respect to the arm's length
for the acquisition of the Bullfinch North Tenements located in the
Southern Cross township, Western
Australia.
Consideration is AUS$400,000 cash and up to AUS$600,000 in
common shares at a deemed price of no less than CAD$0.21 and AUS$16,667 per month for up to six
months as an extension fee for the Agreement. The Company
retains the right to further extend the option period to
June 25, 2025, for a second extension
fee of AUS$50,000. All production is subject to a 1.5% gross
royalty, capped at AUS$1,000,000.
For further details, please refer to the Company's news releases
dated January 8, 2024, and
July 9, 2024.
_______________________________________
BULLETIN V2024-2209
KODIAK COPPER CORP. ("KDK")
BULLETIN
TYPE: Private Placement-Non-Brokered
BULLETIN DATE:
July 17, 2024
TSX Venture
Tier 2 Company
TSX Venture Exchange has accepted for filing documentation
with respect to a Non-Brokered Private Placement announced on
June 04, 2024, upsized on
June 06, 2024:
Financing Type
:
|
Non-Brokered Private
Placement
|
|
|
Gross
Proceeds
:
|
$6,871,320
|
|
|
Offering
:
|
5,303,724 Charity
flow-through units and 2,651,862 warrants ("Charity FT
Units")
|
:
|
1,293,000 common share
units and 646,500 warrants (the "Non Flow-Through
Units")
|
:
|
3,840,126 flow-through
shares (the "FT Shares")
|
|
|
Offering
Price :
|
$0.79 per Charity FT
Unit
|
:
|
$0.47 per Non flow
through units
|
:
|
$0.54 per FT
Share
|
Warrant Exercise Terms: $ 0.65 per
share for a 2-year period, subject to accelerated expiry.
Commissions in
Securities:
|
Shares
|
Warrants
|
|
|
|
Finders
(Aggregate)
|
N/A
|
N/A
|
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the
Company issued a news release on June 21,
2024, announcing the closing of the private placement.
_______________________________________
BULLETIN V2024-2210
REALBOTIX CORP. ("XBOT")
BULLETIN TYPE:
Property-Asset or Share Purchase Agreement
BULLETIN
DATE: July 17,
2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation
relating to a Membership Interest Purchase Agreement (the
"Agreement") dated July 9, 2024
between the Company, and arm's length parties. Pursuant to
the terms of the Agreement, the Company, will acquire a 1%
minority, non-controlling membership interest in Star Walk Partners
LLC.
As total consideration, the Company will issue 25,000,000
warrants. Each warrant entitles the holder to purchase one common
share of the Company, exercisable at six-month intervals in seven
tranches over a period of five years, with an exercise price of:
(a) US$0.15 per common share for the
first 7,500,000 warrants; and (b) US$0.20 per common share for the remaining
warrants. Each tranche of warrants will be exercisable for a
24-month window.
For further details, please refer to the Company's news release
dated July 10, 2024.
_______________________________________
BULLETIN V2024-2211
RECONNAISSANCE ENERGY AFRICA
LTD. ("RECO")
BULLETIN TYPE: Regional Office
Change
BULLETIN DATE: July 17,
2024
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 to Calgary.
_______________________________________
BULLETIN V2024-2212
SOLSTICE GOLD CORP. ("SGC")
BULLETIN TYPE:
Property-Asset or Share Purchase Agreement
BULLETIN
DATE: July 17,
2024
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has accepted for filing
documentation pertaining to an option agreement (the "Agreement")
dated June 1, 2024 (the "Effective
Date"), as amended on July 9, 2024,
between Solstice Gold Corp. (the "Company") and two arm's
length's optionors (the "Optionors"). Pursuant to the terms of the
Agreement, the Optionors have agreed to grant an option (the
"Option") to the Company to acquire a 100% interest in certain
mining claims (the "Property"), in the Temagami Region in
Northwest Ontario, known
collectively as the Strathy Claims.
As consideration for the grant of the Option, the Company is
required to pay the Optionors $20,000
in cash within 10 days of the Effective Date.
To exercise the Option for the acquisition of a 100% interest in
the Property, the Company will pay $85,000 in cash and issue up to 750,000 shares of
the Company to the Optionors. These option payments will be
distributed over a three-year period, detailed as follows:
1. Make staged cash payments to the Optionors
totaling $85,000:
- $25,000 on or before the first
anniversary of the Effective Date
- $25,000 on or before the second
anniversary of the Effective Date
- $35,000 on or before the third
anniversary of the Effective Date
2. Issue the Optionors a total of 750,000 common
shares of the Company upon Exchange approval.
Following the exercise of the Option, the Optionors will retain
a 1 % net smelter returns ("NSR") royalty on six claims of the
Property, known as "Youngs" claims, with the Company holding the
option to buy back 0.5 % of this NSR royalty for $600,000; and the Company is also subject to a
separate third-party 1% NSR royalty on the Youngs claims, with
buyback options of 0.5% for $500,000
and the remaining 0.5% for $800,000.
Additionally, for the remaining claims of the Property, the
Optionors will retain a 2% NSR royalty, of which 1% can be
repurchased by the Company for $1,000,000.
The option payments, NSR royalty distribution, and NSR royalty
buyback payments are to be shared equally between the two
optionors.
The transaction is arm's length in nature, and no finder's fees
are payable.
For further details, please refer to the Company's news release
dated June 3, 2024.
_______________________________________
BULLETIN V2024-2213
THUNDERSTRUCK RESOURCES LTD. ("AWE")
BULLETIN
TYPE: Private Placement-Non-Brokered
BULLETIN
DATE: July 17,
2024
TSX Venture Tier 2 Company
Financing Type:
|
Non-Brokered Private
Placement
|
Gross Proceeds:
|
$321,000
|
Offering:
|
5,350,000 Listed Shares
with 5,350,000 warrants
|
|
|
Offering Price:
|
$0.06 per Listed
Share
|
|
|
Warrant Exercise
Terms:
|
$0.10 per Listed Share
for a three-year period, subject to an acceleration
right
|
|
|
Commissions in
Securities:
|
Shares
Warrants
|
|
Finders
(Aggregate)
N/A
79,100
|
|
|
|
Commission Terms: Each
non-transferable warrant is exercisable at $0.10 for a three-year
period subject to an acceleration right.
|
|
|
Disclosure:
|
Refer to the company's
news releases dated April 9. 2024, May 13, 2024, June 4, 2024 and
July 9, 2024.
|
_______________________________________
BULLETIN V2024-2214
ULTRA LITHIUM INC. ("ULT")
BULLETIN
TYPE: Halt
BULLETIN DATE: July 17, 2024
TSX Venture Tier 2
Company
Effective at 6:25 a.m. PST,
July 17, 2024, trading in the shares
of the Company was halted, 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.
_______________________________________
BULLETIN V2024-2215
ULTRA LITHIUM INC. ("ULT")
BULLETIN
TYPE: Resume Trading
BULLETIN DATE:
July 17, 2024
TSX Venture
Tier 2 Company
Effective at 8:45 a.m. PST,
July 17, 2024, shares of the Company
resumed trading, an announcement having been made.
_______________________________________
SOURCE TSX Venture Exchange