TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, BC, May 10, 2024 /CNW/ –
TSX VENTURE COMPANIES
NEX COMPANY
BULLETIN V2024-1406
MUST CAPITAL INC. (“MUST.H”)
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 10, 2024
NEX Company
Further to the Company’s press release dated March 7, 2024, effective at the opening on Tuesday, May 14, 2024, shares of the Company will resume trading. The Company’s proposed Reverse Takeover as initially announced on September 12, 2022, has been terminated.
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24/05/10 – TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
BULLETIN V2024-1407
ALPHA EXPLORATION LTD. (“ALEX”)
BULLETIN TYPE: Private Placement Non-Brokered
BULLETIN DATE: May 10, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on November 15, 2023:
Number of Shares:
9,785,845 Units (“Unit”). Each Unit consists of one (1) ordinary share (“Ordinary Share”) and one half (0.5) ordinary share purchase warrant (“Warrant”)
Purchase Price:
$0.70 per Unit
Warrants:
4,892,922 ordinary share purchase warrants to purchase 4,982,922 ordinary shares
Warrant Exercise Price:
$1.05 for a 2-year period
Number of Placees:
22 placees
Insider / Pro Group Participation:
Nil
Finder’s Fee:
Nil
The Company issued a news releases on December 8, 2023 and April 10, 2024 confirming closing of the private placement. 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.
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BULLETIN V2024-1408
BENTON RESOURCES INC. (“BEX”)
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 10, 2024
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to the arm’s length acquisition of 100% interest in 12 minerals claims in 2 licences in or around the Great Burnt project in Newfoundland (the “Property”). The Property is subject to a 2.0% NSR payable to the vendor, in which 1.0% can be purchased back by the Company by paying $1,000,000 cash.
CASH ($)
SECURITIES
WORK EXPENDITURES ($)
CONSIDERATION
$12,000
150,000 Common Shares
N/A
For further details, please refer to the Company’s news releases dated May 2, 2024, and May 3, 2024.
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BULLETIN V2024-1409
BENTON RESOURCES INC. (“BEX”)
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 10, 2024
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to the arm’s length acquisition of 100% interest in 40 minerals claims in 4 licences in or around the Great Burnt project in Newfoundland (the “Property”). The Property is subject to a 2.0% NSR payable to the vendors, in which 1.0% can be purchased back by the Company by paying $1,000,000 cash.
CASH ($)
SECURITIES
WORK EXPENDITURES ($)
CONSIDERATION
$60,000 over 3 years.
600,000 Common Shares
Over 3 years.
$100,000 on or
before the 3rd year.
For further details, please refer to the Company’s news releases dated May 2, 2024, and May 3, 2024.
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BULLETIN V2024-1410
EMERITA RESOURCES CORP. (“EMO”)
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 10, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 18, 2024:
Number of Shares:
12,500,000 shares
Purchase Price:
$0.40 per share
Warrants:
12,500,000 share purchase warrants to purchase 12,500,000 shares
Warrant Exercise Price:
$0.60 for a period of 3 years
Number of Placees:
6 placees
Insider / Pro Group Participation:
Placees
# of Placee (s)
Aggregate # of Shares
Aggregate Existing Insider Involvement:
N.A.
N.A.
Aggregate Pro Group Involvement:
N.A.
N.A.
The Company issued a news release on May 2, 2024 confirming closing of the private placement.
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BULLETIN V2024-1411
GRAPHENE MANUFACTURING GROUP LTD. (“GMG”)
BULLETIN TYPE: Prospectus- Unit Offering
BULLETIN DATE: May 10, 2024
TSX Venture Tier 1 Company
The Company’s Amended and Restated Short Form Base Shelf Prospectus (the “Prospectus”), dated January 5, 2024, was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Alberta Securities Commission as the principal regulator. Under Multilateral Instrument 11-102 – Passport System, the Prospectus is deemed to have been filed with and receipted by the Securities Commissions in each of the Provinces and Territories of Canada.
TSX Venture Exchange has been advised that on May 7, 2024 (the “Closing Date”), the Company completed an offering of 8,280,000 Units, inclusive of 1,080,000 Units issued pursuant to the exercise of the Over-Allotment Option, pursuant to a Prospectus Supplement to the Prospectus dated April 30, 2024, for gross proceeds of $3,477,600, inclusive of $453,600 in gross proceeds from the full exercise of the Over-Allotment Option.
Offering:
7,200,000 Units
Unit Price:
$0.42 per Unit. Each Unit consists of one common share and one common share purchase warrant.
Warrant Exercise Price/Term:
Each warrant has a term of four years until May 7, 2028, and is exercisable into one common share at $0.55.
Underwriter:
Ventum Financial Corp.
Underwriter’s Commission:
An aggregate of $243,432 in cash and 579,600 non-transferable compensation warrants (“Compensation Warrants”). Each Compensation Warrant is exercisable at $0.42 to acquire one Unit of the Company until May 7, 2028. Each Unit consists of one common share and one common share purchase warrant. Each warrant is exercisable at $0.55 for a period of four years until May 7, 2028.
Over-allotment Option:
The Underwriter was granted an option (the “Over-Allotment Option”) to purchase up to an additional 15% of the Offered Units sold pursuant to the Offering, for a period of 30 days from and including the Closing Date. The Over-Allotment Option has been fully exercised for 1,080,000 Units.
For further information, please refer to the Company’s Prospectus Supplement dated April 30, 2024, and the news releases dated April 25, 2024, April 26, 2024, April 30, 2024 and May 7, 2024.
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BULLETIN V2024-1412
HAWKEYE GOLD & DIAMOND INC. (“HAWK”)
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 10, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to the sale and purchase agreement (the “Agreement”) dated January 31, 2024, between Hawkeye Gold & Diamond Inc. (the “Company”) and arm’s length party (the “Vendor”). Pursuant to the terms of the Agreement, the Company may acquire one property located on the northern end of Vancouver Island, British Columbia, Canada. The 123.93-hectare property is located approximately 110 kilometers northwest of Campbell River and 69 kilometers southeast of Port Hardy. By way of Consideration, the Company will issue a total of 75,000 shares at a deemed price of $0.05 per share to the vendor.
For further details, please refer to the Company’s news release dated April 25, 2024.
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BULLETIN V2024-1413
KING GLOBAL VENTURES INC. (“KING”)
BULLETIN TYPE: Halt
BULLETIN DATE: May 10, 2024
TSX Venture Tier 2 Company
Effective at 10:38 a.m. PST, May 10, 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.
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BULLETIN V2024-1414
MAPLE PEAK INVESTMENTS INC. (“MAP”)
BULLETIN TYPE: Halt
BULLETIN DATE: May 10, 2024
TSX Venture Tier 2 Company
Effective at 5:02 a.m. PST, May 10, 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.
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BULLETIN V2024-1415
NORDEN CROWN METALS CORPORATION (“NOCR”)
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 10, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company’s proposal to issue 3,011,130 shares to settle outstanding debt for $903,338.69.
Number of Creditors: 7 Creditors
Non-Arm’s Length Party / Pro Group Participation:
Creditors
# of Creditors
Amount Owing
Deemed Price per Share
Aggregate # of Shares
Aggregate Non-Arm’s Length Party Involvement:
5
$763,359.55
$0.30
2,544,533
Aggregate Pro Group Involvement:
N/A
N/A
N/A
N/A
The Company has issued a news release dated May 8, 2024 in respect of the shares to be issued and the debt to be extinguished.
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BULLETIN V2024-1416
NORTHERN SUPERIOR RESOURCES INC. (“SUP”)
BULLETIN TYPE: Halt
BULLETIN DATE: May 10, 2024
TSX Venture Tier 1 Company
Effective at 12:19 p.m. PST, May 9, 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.
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BULLETIN V2024-1417
NORTHERN SUPERIOR RESOURCES INC. (“SUP”)
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 10, 2024
TSX Venture Tier 1 Company
Effective at 5:00 a.m. PST, May 10, 2024, shares of the Company resumed trading, an announcement having been made.
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BULLETIN V2024-1418
RED PINE EXPLORATION INC. (“RPX”)
BULLETIN TYPE: Halt
BULLETIN DATE: May 10, 2024
TSX Venture Tier 2 Company
Effective at 6:21 a.m. PST, May 10, 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.
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BULLETIN V2024-1419
RED PINE EXPLORATION INC. (“RPX”)
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 10, 2024
TSX Venture Tier 2 Company
Effective at 7:15 a.m. PST, May 10, 2024, shares of the Company resumed trading, an announcement having been made.
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BULLETIN V2024-1420
VOLT LITHIUM CORP. (“VLT”)
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 10, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on April 29, 2024:
Number of Units:
6,818,182 Units
Purchase Price:
USD$0.22 (approx. CDN$0.3007) per Unit
Warrants:
3,409,091 Share Purchase Warrants to purchase 3,409,091 Shares
Warrant Exercise Price:
USD$0.35 (approx. CDN$0.4784) per Share for a 2 year period
Number of Placees:
1 placee
Insider / Pro Group Participation:
Placees
# of Placee (s)
Aggregate # of Units
Aggregate Existing Insider Involvement:
N/A
N/A
Aggregate Pro Group Involvement:
N/A
N/A
Aggregate Cash Amount
Aggregate #
of Shares
Aggregate #
of Warrants
Finder’s Fee:
N/A
N/A
N/A
Finder’s Warrants Terms:
N/A
The Company issued a news release on May 2, 2024 confirming closing of the private placement. 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.
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BULLETIN V2024-1421
WEST HIGH YIELD (W.H.Y.) RESOURCES LTD. (“WHY”)
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 10, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on February 26, 2024 and April 10, 2024:
Number of Units:
3,936,000 units
Purchase Price:
$0.25 per unit
Warrants:
3,936,000 share purchase warrants to purchase 3,936,000 shares
Warrant Exercise Price:
$0.35 for a one year period
Number of Placees:
34 placees
Insider / Pro Group Participation:
Placees
# of Placee (s)
Aggregate # of Units
Aggregate Existing Insider Involvement:
N/A
N/A
Aggregate Pro Group Involvement:
N/A
N/A
Aggregate Cash Amount
Aggregate #
of Shares
Aggregate #
of Warrants
Finder’s Fee:
N/A
N/A
N/A
Finder’s Warrants Terms:
N/A
The Company issued a news release on March 14, 2024, April 18, 2024 and May 10, 2024 confirming closing of the private placement. 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.
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BULLETIN V2024-1422
XPLORE RESOURCES CORP. (“XPLR”)
BULLETIN TYPE: Private Placement – Non-Brokered
BULLETIN DATE: May 10, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on April 10, 2024:
Number of Shares:
21,050,000 common share units (“Units”), each Unit consisting of one non-transferable common share in the capital of the Company (“Share”) and one Share purchase warrant (“Warrant”).
Purchase Price:
$0.10 per Unit.
Warrants:
21,050,000 Warrants to purchase 21,050,000 Shares.
Warrant Price:
$0.15 exercisable for a period of 2 years from the date of issuance.
Number of Placees:
34 placees.
Insider / Pro Group Participation:
Name
Insider= Y /
Pro Group= P
Number of Units
Aggregate Existing Insider Involvement:
N/A
N/A
Aggregate Pro Group Involvement:
[6 Pro Group members]
P
680,000
Finder’s Fee:
None.
The Company issued news release on May 10, 2024 to confirm the closing of the Private Placement. 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.
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SOURCE TSX Venture Exchange