Honey Badger Silver Inc press release
TSX Venture Exchange Daily Bulletins
TSXV - TSX Venture Exchange · Silver · Gold · Zinc · Lead · Copper · Antimony · Tellurium · Arsenic · Bismuth · Iron · Gallium · Germanium · Canada
Oct. 2, 2009 (Canada NewsWire Group) --
VANCOUVER, Oct. 2 /CNW/ --
TSX VENTURE COMPANIES BULLETIN TYPE: Cease Trade Order BULLETIN DATE: October 1, 2009 TSX Venture Company
A Cease Trade Order has been issued by the BC Securities Commission on October 1, 2009 against the following companies for failing to file the documents indicated within the required time period:
Symbol Tier Company Failure to File Period Ending (Y/M/D) SLI 2 St. Elias Mines Ltd. Comparative Financial Statement 09/05/31 Management's Discussion & Analysis 09/05/31 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. TSX-X ANFIELD NICKEL CORP. ("ANF") BULLETIN TYPE: Private Placement-Non-Brokered, Amendment BULLETIN DATE: October 2, 2009 TSX Venture Tier 2 Company Further to the bulletin dated September 30, 2009 with respect to the private placement of 5,600,000 shares at a price of $2.80 per share, TSX Venture Exchange has been advised that the finder's fee payable to Wolverton Securities Ltd. should have been for $91,896 based on 6% of $1,531,660, not $32,820. TSX-X AQUEOUS CAPITAL CORP. ("AQS.P") BULLETIN TYPE: Halt BULLETIN DATE: October 2, 2009 TSX Venture Tier 2 Company Effective at 8:03 a.m. PST, October 2, 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 AQUEOUS CAPITAL CORP. ("AQS.P") BULLETIN TYPE: Remain Halted BULLETIN DATE: October 2, 2009 TSX Venture Tier 2 Company Further to TSX Venture Exchange Bulletin dated October 2, 2009, effective at 10:08 a.m. PST, October 2, 2009 trading in the shares of the Company will remain halted pending receipt and review of acceptable documentation regarding the Qualifying Transaction pursuant to Listings Policy 2.4. TSX-X ASCOT RESOURCES LTD. ("AOT") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: October 2, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 9, 2009: Number of Shares: 4,000,000 flow-through shares Purchase Price: $0.45 per flow-through share Warrants: 2,000,000 share purchase warrants to purchase 2,000,000 shares Warrant Exercise Price: $0.55 for a one year period. The warrants are subject to an accelerated exercise provision in the event the Company's shares are greater than $0.80 per share for a period of 20 consecutive trading days. Number of Placees: 32 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares Douglas Varley P 500,000 Finders' Fees: Wolverton Securities Ltd. - $7,920.00 and 17,600 non- transferable warrants that are exercisable at $0.45 per share to September 25, 2010. Tracey A. St. Denis - $3,600.00 and 8,000 non- transferable warrants that are exercisable at $0.45 per share to September 25, 2010. RBC Dominion Securities Inc. - $5,400.00 and 12,000 non- transferable warrants that are exercisable at $0.45 per share to September 25, 2010. Haywood Securities Inc. - $3,600.00 and 8,000 non- transferable warrants that are exercisable at $0.45 per share to September 25, 2010. June Brhelle - $18,000.00 and 40,000 non-transferable warrants that are exercisable at $0.45 per share to September 25, 2010. Raymond James Ltd. - $36,000.00 and 80,000 non- transferable warrants that are exercisable at $0.45 per share to September 25, 2010. PI Financial Corp. - $16,200.00 and 36,000 non- transferable warrants that are exercisable at $0.45 per share to September 25, 2010. Blackmont Capital Inc. - $53,280.00 and 118,400 non- transferable warrants that are exercisable at $0.45 per share to September 25, 2010. 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 ASHBURTON VENTURES INC. ("ABR") BULLETIN TYPE: Miscellaneous BULLETIN DATE: October 2, 2009 TSX Venture Tier 2 Company Further to the bulletin dated December 17, 2008 accepting the Qualifying Transaction for filing, TSX Venture Exchange has accepted for filing a Termination Agreement dated August 28, 2009 between the Company and Full Metal Minerals with respect to the acquisition of a 60% interest of the OG property located in the Yukon Territory. In consideration of the monies owed to Full Metal, the Company will issue 3,000,000 common shares and $100,000. TSX-X AUSTIN DEVELOPMENTS CORP. ("AUL") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: October 2, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 29, 2009: Number of Shares: 39,450,000 shares Purchase Price: $0.01 per share Warrants: 39,450,000 share purchase warrants to purchase 39,450,000 shares Warrant Exercise Price: $0.05 for a one year period Number of Placees: 14 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares Discovery Harbour Resources Corp. (Ian Graham) Y 18,800,000 Declan Sweeney Y 1,600,000 No Finder's Fee 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 AZTECA GOLD CORP. ("AZG") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: May 7, 2008 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a non-arm's length binding Letter of Intent dated September 25, 2007 (the 'Agreement') between Azteca Gold Corp. (the 'Company') and three vendors ('Vendors') wherein the Company agreed to purchase a 100% interest in certain mineral claims known as the Geroe Creek Project located in Brooks Range, Alaska. In consideration, the Company agreed to pay a total of US$60,000 in cash.
The Agreement is considered non-arm's length because one of the Vendors is Matthew Russell, the President, CEO, and Chairman of the Board of the Company. This transaction was announced in the Company's news release dated May 6, 2008.
TSX-X BAYOU BEND PETROLEUM LTD. ("BBP") BULLETIN TYPE: Private Placement-Brokered BULLETIN DATE: October 2, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced September 14, 2009: Number of Shares: 140,000,000 Subscription Receipts shares Purchase Price: $0.75 per Subscription Receipt Conversion Terms: Each Subscription Receipt will automatically be converted into one common share upon the Company receiving shareholder approval to the acquisition of working interests in exploration and development blocks located in Kurdistand, Northern Iraq. If shareholder approval is not obtained by October 31, 2009, the Company will automatically redeem or repurchase the Subscription Receipts at a price of $0.75 per Subscription Receipt, plus accrued interest. Number of Placees: 38 placees Agent's Fee: GMP Securities L.P., Canaccord Capital Corporation and Raymond James Ltd. will receive, in aggregate, a 5% finder's fee of $5,250,000.00. 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. TSX-X BONTERRA RESOURCES INC. ("BTR") BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Amendment BULLETIN DATE: October 2, 2009 TSX Venture Tier 2 Company Further to the bulletin dated September 30, 2009 with respect to the acquisition of mineral claims located in the Skeena Mining District, TSX Venture Exchange has been advised that the terms of the purchase of the 2% net smelter returns royalty of which the Company may purchase half should have been for $1,000,000, not $2,000,000, subject to further Exchange review and acceptance. TSX-X CRS ELECTRONICS INC. ("LED") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: October 2, 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, 2009: Number of Shares: 1,749,999 shares Purchase Price: $0.30 per share Warrants: 874,998 share purchase warrants to purchase 874,998 shares Warrant Exercise Price: $0.50 for a one year period Number of Placees: 8 placees Finder's Fee: $2,500 payable to Dundee Securities 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 DECADE RESOURCES LTD. ("DEC") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: October 2, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 16, 2009: Number of Shares: 1,573,034 shares Purchase Price: $0.89 per share Warrants: 786,517 share purchase warrants to purchase 786,517 shares Warrant Exercise Price: $1.00 for a two year period Number of Placees: 10 placees Finder's Fee: $67,500 cash and 151,685 compensation options payable to Limited Market Dealer Inc. Each compensation option is exercisable at $0.89 per unit and 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 DOXA ENERGY LTD. ("DXA.P") BULLETIN TYPE: New Listing-CPC-Shares BULLETIN DATE: October 2, 2009 TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Prospectus dated September 21, 2009 has been filed with and accepted by TSX Venture Exchange and the British Columbia and Alberta Securities Commissions effective September 22, 2009, pursuant to the provisions of the British Columbia and Alberta Securities Acts. The Common Shares of the Company will be listed on TSX Venture Exchange on the effective date stated below.
The Company has completed its initial distribution of securities to the public. The gross proceeds received by the Company for the Offering were $200,000 (2,000,000 common shares at $0.10 per share).
Commence Date: At the opening Monday, October 5, 2009, the Common shares will commence trading on TSX Venture Exchange. Corporate Jurisdiction: British Columbia Capitalization: unlimited common shares with no par value of which 12,000,000 common shares are issued and outstanding Escrowed Shares: 8,575,000 common shares Transfer Agent: Computershare Investor Services Inc. Trading Symbol: DXA.P CUSIP Number: 261223 10 1 Sponsoring Member: Bolder Investment Partners Ltd. Agent's Options: 200,000 non-transferable stock options. One option to purchase one share at $0.10 per share up to 24 months. For further information, please refer to the Company's Prospectus dated September 21, 2009. Company Contact: Scott Parsons Company Address: 2060 - 777 Hornby Street Vancouver, BC V6Z 1S4 Company Phone Number: (604) 642-2625 Company Fax Number: (604) 642-2629 Company Email Address: redhillenergy@gmail.com Seeking QT primarily in these sectors: natural resources TSX-X Empower Technologies Corporation ("EPT") BULLETIN TYPE: Short Form Offering Document-Distribution BULLETIN DATE: October 2, 2009 TSX Venture Tier 1 Company The Company's Short Form Offering Document dated May 6, 2009 was filed with and accepted by TSX Venture Exchange on May 12, 2009. The Exchange has now been advised that the Offering closed on July 9, 2009. TSX Venture Exchange has been advised that closing occurred on July 9, 2009, for gross proceeds of $737,562.50. Agent: Canaccord Capital Corp. Offering: 2,950,250 units consisting of one share and one common share purchase warrant. Each warrant is exercisable into one common share for a period of two years, at an exercise price of $0.30 per share. Share Price: $0.25 per unit Agents' Compensation: $10,000 due diligence work fee, $25,000 advisory services fee, 250,000 units, 8% in cash based on the proceeds raised and 15% in non-transferable warrants based on the number of units sold exercisable to purchase one unit at $0.25 per share for a period of two years. TSX-X FANCAMP EXPLORATION LTD. ("FNC") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: October 2, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 26, 2009: Number of Shares: 207,667 shares Purchase Price: $0.75 per share Warrants: 103,833 share purchase warrants to purchase 103,833 shares Warrant Exercise Price: $0.90 for a two year period Number of Placees: 4 placees Finder's Fee: $12,460.02 cash and *20,766 options payable to Jones Gable & Company Limited *Finder's fee options are exercisable at $0.75 per unit and 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 GLAMIS RESOURCES LTD. ("GLM.B") BULLETIN TYPE: Delist BULLETIN DATE: October 2, 2009 TSX Venture Tier 2 Company Effective at the close of business, Monday, October 5, 2009 the Class B shares of Glamis Resources Ltd. will be delisted from TSX Venture Exchange at the request of the Company. TSX-X GOLD REACH RESOURCES LTD. ("GRV") BULLETIN TYPE: Consolidation BULLETIN DATE: October 2, 2009 TSX Venture Tier 2 Company Pursuant to a special resolution passed by shareholders July 29, 2009, the Company has consolidated its capital on a 5 old for 1 new basis. The name of the Company has not been changed. Effective at the opening Monday, October 5, 2009 shares of Gold Reach Resources Ltd. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mining' company. Post - Consolidation Capitalization: Unlimited shares with no par value of which 3,307,130 shares are issued and outstanding Escrow 2,566 shares are subject to escrow Transfer Agent: Computershare Investor Services Inc. Trading Symbol: GRV (unchanged) CUSIP Number: 380686 30 3 (new) TSX-X HONEY BADGER EXPLORATION INC. ("TUF") BULLETIN TYPE: Shares for Debt BULLETIN DATE: October 2, 2009 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,120,000 shares at a deemed price of $0.10 per share to settle outstanding debt for $212,000. Number of Creditors: Creditors Insider/Pro Group Participation: Insider equals Y/ Amount Deemed Price Creditor Progroup equals P Owing per Share No. of Shares Michael Marchand Y $5,000 $0.10 50,000 Kirk McKinnon Y $51,100 $0.10 511,000 Richard Schler Y $43,900 $0.10 439,000 The Company shall issue a news release when the shares are issued and the debt extinguished. TSX-X IMMUNOvACCINE iNC. ("IMV") (formerly Rhino Resources Inc. ("RHI.P")) BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Resume Trading, Company Tier Reclassification, Private Placement-Brokered, Private Placement-Non-Brokered, Name change and Consolidation BULLETIN DATE: October 2, 2009 TSX Venture Tier 2 Company Qualifying Transaction:
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction ("QT") described in its Information Circular dated August 25, 2009. As a result, at the opening Monday, October 5, 2009, the Company will no longer be considered as a Capital Pool Company.
The QT consists of the acquisition, by way of a Plan of Arrangement, of all issued and outstanding securities of ImmunoVaccine Technologies Inc. ("ImmunoVaccine") through the issuance of the following securities:
30,601,110 post-consolidated common shares of the Company to ImmunoVaccine's Shareholders, at a deemed issue price of $0.70 per post-consolidated share; 139,714 warrants to purchase 139,714 post-consolidated common shares of the Resulting Issuers with an exercise price of $1.17 per post- consolidated share and expiring on November 2, 2009; and 2,790,437 incentive options to ImmunoVaccine's option holder to purchase 2,790,437 post-consolidated common shares of the Resulting Issuer with exercise prices ranging from $0.20 to $1 per post- consolidated share and expiring on dates ranging from December 31, 2013 to September 4, 2019.
The Plan of Arrangement is a Related Party Transaction. Mr. Wade K. Dawe, director, officer and shareholder of the Company is also director and shareholder of ImmunoVaccine. Mr. Brian MacEachen, director of the Company is also shareholder of ImmunoVaccine. The Plan of Arrangement has been approved by the disinterested shareholders on September 25, 2009.
A total of 10,047,004 common shares and 877,283 incentive options issued to ImmunoVaccine's security holders are escrowed pursuant to an Exchange Tier 1 Value Escrow Agreement.
The Company is classified as a "Research and Development in the Physical, Engineering and Life Sciences" Issuer (NAICS Number: 541710).
For further information, please refer to the Information Circular dated August 25, 2009, available on SEDAR.
Resume Trading: Further to TSX Venture Exchange's Bulletin dated September 28, 2009, trading in the securities of the Resulting Issuer will resume at the opening on Monday, October 5, 2009. Company Tier Reclassification: In accordance with Policy 2.5 of the Exchange, the Company has met the requirements for a Tier 1 Company. Therefore, effective on Monday, October 5, 2009, the Company's Tier classification will change from Tier 2 to: Classification: Tier 1 Private Placement-Brokered: TSX Venture Exchange has accepted for filing the documentation with respect to a brokered Private Placement announced on June 8 and August 19, 2009: Number of Shares: 6,230,399 post-consolidated common shares Purchase Price: $0.70 per post-consolidated common share Number of Placees: 102 placees Insider/Pro Group Participation: Name Insider equals Y/ No. of Shares ProGroup equals P Mary Buote-Potts P 3,000 Lonsdale Holland P 28,572 Lisa Kuehn P 3,000 Rebeca MacKay P 34,000 Robert (Bob) Mackay P 34,000 Rémi Roger P 7,142 Richard Withington P 36,000 Union Bancaire Privée P 143,000 Agents: Blackmont Capital Inc., S.P. Angel Corporate Finance LLP and Beacon Securities Limited. Agent's Fee: A cash commission of up to 8% of the gross proceeds raised and brokers' warrants to purchase 455,573 post-consolidated shares at a price of $0.70 per share for a period of 12 months from the closing of the Qualifying Transaction. The Company has confirmed the completion of the Private Placement. Private Placement-Non-Brokered: TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement, announced on June 8 and August 19, 2009: Number of Shares: 5,582,614 post-consolidated common shares Purchase Price: $0.70 per post-consolidated common share Number of Placees: 121 placees Insider/Pro Group Participation: Name Insider equals Y/ ProGroup P No. of Shares Dr. W.A. Cochrane Y 7,142 Kelly Creek Holdings Ltd. P 28,500 Marc Champoux P 14,300 Gary Dodge Y 35,714 Jerome D. Grandy P 35,714 Douglas Ives P 14,300 John Budreski P 60,000 Randal Chase Y 14,285 Michael Kirby Y 10,000 The Company has confirmed the completion of the Private Placement. Name Change and Consolidation: