TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, BC, Nov. 22, 2023 /CNW/ –
TSX VENTURE COMPANIES
BULLETIN V2023-0027
ANTIOQUIA GOLD INC. (“AGD”)
BULLETIN TYPE: Delist
BULLETIN DATE: November 22, 2023
TSX Venture Tier 2 Company
Effective at the close of business on Friday, December 1, 2023, the common shares of the Company will be delisted from the TSX Venture Exchange for failure to maintain Exchange Requirements.
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BULLETIN V2023-0028
CONSOLIDATED URANIUM INC. (“CUR”)
BULLETIN TYPE: Plan of Arrangement, Property-Asset or Share Disposition Agreement, Notice of Distribution
BULLETIN DATE: November 22, 2023
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by the shareholders of Consolidated Uranium Inc. (the “Company”) on August 3, 2023 and approval by the Ontario Superior Court of Justice (Commercial List) on August 9, 2023, the Company and Premier American Uranium Inc. (“Spinco”) will complete a plan of arrangement under the provisions of the Business Corporations Act (Ontario) (the “Arrangement”). The Arrangement will be completed on November 27, 2023, and will result in the Company transferring certain indirect wholly-owned subsidiaries which hold eight U.S. Department of Energy leases and certain patented claims located in Colorado to the Spinco (the “Disposition”) in exchange for 7,753,752 common shares of the Spinco (the “Spinco Shares”). Pursuant to the Arrangement, the Company’s shareholders will be distributed 3,876,786 of the Spinco Shares on a pro rata basis, whereby the Company shareholders will receive approximately 0.0374 Spinco Share for every one (1) Company share held as of the record date (November 27, 2023).
For further information, refer to the Company’s management information circular dated July 04, 2023 and news releases dated May 24, 2023, July 05, 2023, August 16, 2023 and November 20, 2023, which are available under the Company’s profile on SEDAR+. The Company shall issue a press release upon closing of the Arrangement.
It is expected that the SPINCO SHARES WILL BE LISTED FOR TRADING ON THE EXCHANGE on or about December 01, 2023. Further, the Exchange will issue a subsequent bulletin in the coming days confirming the Listing of the Spinco Shares.
Notice of Distribution
The Company has declared the following distribution, whereby the Payable Date, Record Date and Ex-Distribution Date will be as set forth below.
Distribution per Share:
approximately 0.0374 Spinco common share for every
one (1) Company share held
Payable Date:
November 29, 2023
Record Date:
12:01 a.m. (Toronto time) on November 27, 2023
Ex-Distribution Date:
November 24, 2021
For further information, please refer to the Company’s news release dated November 20, 2023.
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BULLETIN V2023-0029
HEMISPHERE ENERGY CORPORATION (“HME”)
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: November 22, 2023
TSX Venture Tier 1 Company
The Issuer has declared the following dividend:
Dividend per common share: $0.025
Payable Date: December 28, 2023
Record Date: December 15, 2023
Ex-dividend Date: December 14, 2023
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BULLETIN V2023-0030
IVRNET INC. (“IVI”)
BULLETIN TYPE: Delist
BULLETIN DATE: November 22, 2023
TSX Venture Tier 2 Company
Effective at the close of business, Friday, November 24, 2023, the common shares will be delisted from TSX Venture Exchange at the request of the Company.
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BULLETIN V2023-0031
SCORPIO GOLD CORPORATION (“SGN”)
BULLETIN TYPE: Consolidation
BULLETIN DATE: November 22, 2023
TSX Venture Tier 2 Company
Pursuant to a director’s resolution dated November 10, 2023, the Company has consolidated its capital on a Nine (9) old for One (1) new basis. The name of the Company has not been changed.
Effective at the opening November 24, 2023, the common shares of Scorpio Gold Corporation 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
23,437,407
shares are issued and outstanding
Escrow:
nil
Transfer Agent:
Computershare Trust Company of Canada
Trading Symbol:
SGN UNCHANGED
CUSIP Number:
80918M302 NEW
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BULLETIN V2023-0032
STEER TECHNOLOGIES INC. (“STER”)
BULLETIN TYPE: Resume Trading
BULLETIN DATE: November 22, 2023
TSX Venture Tier 2 Company
Further to the Exchange bulletin dated November 22, 2023, effective at the open on Friday, November 24, 2023, the shares of the Company will resume trading, transfer agent services having been reinstated.
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23/11/22 – TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
BULLETIN V2023-0033
ALTAIR RESOURCES INC. (“AVX”)
BULLETIN TYPE: Halt
BULLETIN DATE: November 22, 2023
TSX Venture Tier 2 Company
Effective at 1:01 p.m. PST, Nov. 21, 2023, 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 V2023-0034
CANTERRA MINERALS CORPORATION (“CTM”)
BULLETIN TYPE: Halt
BULLETIN DATE: November 22, 2023
TSX Venture Tier 2 Company
Effective at 6:22 a.m. PST, Nov. 22, 2023, 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 V2023-0035
LITHIUMBANK RESOURCES CORP. (“LBNK”)
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: November 22, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange (“Exchange”) has accepted for filing documentation with respect to the arm’s length acquisition of the rights to license the intellectual property relating to the continuous ion-exchange direct lithium extraction technology (“Licensed Intellectual Property”) from G2L Greenview Resources Inc. (“G2L”) pursuant to an intellectual property license agreement dated September 8, 2023 (the “Agreement”) between the Company and G2L. The Licensed Intellectual Property is a royalty-free, perpetual and non-transferable license to which the Company intends to apply the licensed technology to the extraction of lithium salts from aqueous sources for the testing of the Company’s lithium brines in Alberta and Saskatchewan.
Pursuant to the terms of the Agreement, consideration shares will be issued in stages upon achievement of certain milestones.
CONSIDERATION
CASH ($)
SECURITIES
WORK
EXPENDITURES (S)
Upon Exchange’s Approval
NIL
4,000,000 Common Shares
NIL
Within 10 Business Days of there being an “Operational Pilot Plant”,
as confirmed in writing by G2L (the “First Milestone”);
NIL
3,000,000 Common Shares
NIL
Within 10 Business Days after the date that is 12 months following the
First Milestone (the “Second Milestone”), provided that the Second
Milestone Deadline may be extended for an additional six months if
required to generate sufficient data from piloting to support a pre-feasibility
study; and
NIL
3,000,000 Common Shares
NIL
Within 10 Business Days after completion of a
pre-feasibility study that concludes the Boardwalk
Brine Project demonstrates an ungeared
internal rate of return greater
than the applicable discount
rate used to value the
Boardwalk Brine Project.
NIL
4,000,000 Common Shares
NIL
For further details, please refer to the Company’s news releases dated September 11, 2023, October 20, 2023, November 9, 2023 and November 22, 2023.
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BULLETIN V2023-0036
STEER TECHNOLOGIES INC. (“STER”)
BULLETIN TYPE: Halt
BULLETIN DATE: November 22, 2023
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, November 22, 2023, trading in the shares of the Company was halted Failure to Maintain Transfer Agent; 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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SOURCE TSX Venture Exchange