TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, BC, Dec. 15, 2023 /CNW/ –
TSX VENTURE COMPANIES
BULLETIN V2023-0292
C3 METALS INC. (“CCCM”)
BULLETIN TYPE: Consolidation
BULLETIN DATE: December 15, 2023
TSX Venture Tier 2 Company
Pursuant to a special resolution passed by shareholders on March 3, 2023, the Company has consolidated its capital on a (13) old for (1) new basis. The name of the Company has not been changed.
Effective at the opening, Tuesday, December 19, 2023, the common shares of C3 Metals Inc. 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
61,884,941
shares are issued and outstanding
Escrow
Nil
shares are subject to escrow
Transfer Agent:
TSX Trust Company
Trading Symbol:
CCCM (UNCHANGED)
CUSIP Number:
22945L402 (New)
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BULLETIN V2023-0293
CUBICFARM SYSTEMS CORP. (“CUB”) (“CUB.DB”)
BULLETIN TYPE: New Listing-Shares, New Listing-Debentures
BULLETIN DATE: December 15, 2023
TSX Venture Tier 2 Company
New Listing-Shares:
Effective at the opening Tuesday, December 19, 2023, the common shares of the Company will commence trading on TSX Venture Exchange. The Company is classified as a “Technology” company.
The Company will be delisted from the Toronto Stock Exchange at the close of business on December 18, 2023.
Corporate Jurisdiction:
British Columbia
Capitalization:
Unlimited common shares with no par value of which
263,163,774 common shares are issued and outstanding
Escrowed Shares:
nil common shares subject to Escrow
Transfer Agent:
Computershare Investor Services Inc.
Trading Symbol:
CUB
CUSIP Number:
22968P108
Company Contact:
Michael B. Kyne CFA, CFO of CubicFarm Systems Corp.
Company Address: c/o Fasken Martineau DuMoulin LLP
2900 – 550 Burrard St., Vancouver, BC V6C 0A3
Company Phone Number:
(605) 800 1539
Company Email Address:
New Listing-Debentures
Effective at the opening, Tuesday, December 19, 2023 the 8.0% convertible unsecured debentures (the “Debentures”) of the Company will commence trading on TSX Venture Exchange (the “Exchange”).
Corporate Jurisdiction:
British Columbia
Capitalization:
Debentures in the aggregate principal amount of $6,540,000
Transfer Agent:
Computershare Trust Company of Canada
Trading Symbol:
CUB.DB
CUSIP Number:
22968PAA6
Details of the Debentures:
Maturity Date:
June 2, 2027
Redemption:
The Debentures may not be redeemed prior to June 30, 2025, except if certain conditions are satisfied following a Change of Control. On or about June 30, 2025, the Debentures may be redeemed in whole or in part at the option of the Company on not more than 60 days’ and not less than 30 days’ prior notice at a price equal to their principal amount plus accrued and unpaid interest, provided that the volume weighted average trading price of the common shares on the TSX for the 20 consecutive trading days ending on the fifth trading day preceding the date on which the notice of redemption is given is not less than 150% of the Conversion Price.
Interest:
The Debentures bear interest at 8.00% per annum.
Subordination:
All present and future indebtedness of the Company which is (i) secured; (ii) owed to a bank or other financial institution, whether or not secured (as amended, restated, supplemented or otherwise modified from time to time); or (iii) a renewal, extension or refinancing of any of such indebtedness of clause (i), (ii) and (iii) above.
Conversion:
At the option of the holder, at any time prior to the close of business on the earlier of: (i) the Business Day immediately preceding the Maturity Date; (ii) if called for Redemption, on the Business Day immediately preceding the date fixed for Redemption; or (iii) if called for repurchase pursuant to a Change of Control on the Business Day immediately preceding the payment date. The conversion price is $0.68 per share, being a conversion rate of approximately 1,470 shares for each $1,000 principal amount of Debentures.
Interest Start Date:
June 2, 2022
Interest Payment Dates:
Interest payments are to be made semi‐annually in arrears on the last day of June and December in each year, commencing June 30, 2022, per the terms of the indenture agreement.
Clearing and Settlement:
The Debentures will clear and settle through CDS.
Board Lot:
The Debentures, which are issuable in the minimum principal amount of $1,000 each, will be quoted based on $1,000 principal amounts with all trades being made in multiples of $1,000. The minimum trading unit of Debentures is $1,000 and a board lot of Debentures is $1,000. The Debentures were previously issued pursuant to a public offering of Units (the “Offering”), with each Unit consisting of one Debenture and 400 common share purchase warrants (the “Warrants”) of the Company. The Warrants are not listed for trading.
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BULLETIN V2023-0294
SOURCE ROCK ROYALTIES LTD. (“SRR”)
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: December 15, 2023
TSX Venture Tier 1 Company
The Issuer has declared the following dividend:
Dividend per common share: $0.006
Payable Date: January 15, 2024
Record Date: December 29, 2023
Ex-dividend Date: December 28, 2023
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23/12/15 – TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
BULLETIN V2023-0295
CANALASKA URANIUM LTD. (“CVV”)
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 15, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on November 20, 2023, and increased on November 21, 2023:
Number of Shares:
6,944,444 Non-Flow-Through (NFT) shares
17,406,991 Flow-Through (FT) shares
3,770,456 Charity Flow-Through (CFT) shares
Purchase Price:
$0.36 per NFT share
$0.425 per FT share
$0.5575 per CFT share
Warrants:
19,418,393 share purchase warrants to purchase 19,418,393 shares
Warrant Exercise Price:
$0.56 for a two-year period
Number of Placees:
58 placees
Insider / Pro Group Participation:
Placees
# of Placee (s)
Aggregate # of Shares
Aggregate Existing Insider Involvement:
3
209,007 FT shares
Aggregate Pro Group Involvement:
1
25,000 NFT shares
Aggregate Cash
Amount
Aggregate #
of Shares
Aggregate #
of Warrants
Finder’s Fee:
$682,270.33
N/A
1,584,772
Finder’s Warrants Terms: Each warrant entitles the holder to purchase one common share at the price of $0.425 for period of 2 years from the date of issuance.
The Company issued a news release on December 13, 2023, 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 V2023-0296
CARTIER RESOURCES INC. (“ECR”)
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 15, 2023
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on December 14, 2023:
Number of Shares:
13,000,000 National flow-through shares and
11,000,000 Québec flow-through shares
Purchase Price:
$0.10 per National flow-through share and
$0.11 per Québec flow-through share
Number of Placees:
4 placees
Insider / Pro Group Participation: Nil
Aggregate Cash
Amount ($)
Aggregate #
of Shares
Aggregate #
of Warrants
Finder’s Fee:
N/A
1,506,000 common shares
N/A
The Company issued a news release on December 14, 2023 confirming closing of the private placement.
RESSOURCES CARTIER INC. (« ECR »)
TYPE DE BULLETIN: Placement privé sans l’entremise d’un courtier
DATE DU BULLETIN: Le 15 décembre 2023
Société du groupe 1 de TSX Croissance
Bourse de Croissance TSX a accepté le dépôt de la documentation de la société en vertu d’un placement privé sans l’entremise d’un courtier annoncé le 14 décembre 2023 :
Nombre d’actions:
13 000 000 actions accréditives nationales et
11 000 000 actions accréditives québécoises
Prix :
0,10 $ par action accréditive nationale et
0,11 $ par action accréditive québécoise
Nombre de souscripteurs:
4 souscripteurs
Participation d’initiés / Groupe Pro: Aucun
Montant total en
espéces ($)
# total d’actions
# total de bons de
souscription
Honoraire d’intermédiation:
S/O
1 506 000 actions
ordinaires
S/O
La société a confirmé la clôture du placement privé dans un communiqué de presse daté du 14 décembre 2023.
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BULLETIN V2023-0297
HEMOSTEMIX INC. (“HEM”)
BULLETIN TYPE: Amendment, Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: December 15, 2023
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange Bulletins dated June 18, 2021, the Exchange has consented to the amendments of the convertible debentures as mentioned below:
Original Convertible Debentures:
$2,500,000 principal amount of unsecured convertible debentures
Amended Convertible Debentures:
$2,500,000 principal amount of secured convertible debentures
Original Conversion Price:
Convertible into common shares of the Company at a price equal to $0.40 per common share (unchanged)
Maturity Date:
June 11, 2026 (unchanged)
Original interest rate terms:
6% per annum
Amended interest rate terms:
0% per annum (from January 1, 2023 to June 11, 2026)
The holder’s conversion rights have been amended to convert the convertible debentures into common shares any time within the maturity date. The Company’s conversion rights are limited to conversion on maturity date. All other terms remain unchanged.
For further information, please refer to the Company’s news releases dated October 23, 2023, and June 11, 2021.
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BULLETIN V2023-0298
NORTHISLE COPPER AND GOLD INC. (“NCX”)
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: December 15, 2023
TSX Venture Tier 1 Company
TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:
Private Placement:
# of Warrants:
5,048,000
Original Expiry Date of Warrants:
December 17, 2023
New Expiry Date of Warrants:
March 18, 2024
Exercise Price of Warrants:
$0.28 (Unchanged)
These warrants were issued pursuant to a private placement of 10,096,000 shares with 5,048,000 share purchase warrants attached, which was accepted for filing by the Exchange effective January 4, 2022.
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BULLETIN V2023-0299
NOWVERTICAL GROUP INC. (“NOW.WT”)
BULLETIN TYPE: Halt
BULLETIN DATE: December 15, 2023
TSX Venture Tier 2 Company
Effective at 9:00 a.m. PST, December 15, 2023, trading in the shares of the Company was halted, pending delisting; 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 V2023-0300
OSINO RESOURCES CORP. (“OSI”)
BULLETIN TYPE: Prospectus-Share Offering
BULLETIN DATE: December 15, 2023May 11, 2001
TSX Venture Tier 2 Company
The Company’s Prospectus Supplement dated October 16, 2023, to the Short Form Base Shelf Prospectus dated May 9, 2023, was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the British Columbia Securities Commission, pursuant to the provisions of the British Columbia Securities Act.
TSX Venture Exchange has been advised that closing occurred on October 19, 2023, for gross proceeds of $2,770,745.
Agents:
Echelon Wealth Partners Inc. and Cirrus Capital (Pty) Ltd.
Offering:
2,770,745 shares
Share Price:
$1.00 per share
Agents’ Commission:
An aggregate of $120,282 cash.
_______________________________________
BULLETIN V2023-0301
PUREPOINT URANIUM GROUP INC. (“PTU”)
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 15, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on November 27, 2023:
Number of Shares:
76,190,477 flow-through common shares
Purchase Price:
$0.0525 per flow-through common share
Warrants:
76,190,477 common share purchase warrants to purchase 76,190,477 common shares
Warrant Exercise Price:
$0.07 per common share for a period of two (2) years
Number of Placees:
24 Placees
Insider / Pro Group Participation:
Placees
# of Placee (s)
Aggregate # of Shares
Aggregate Existing Insider Involvement:
N/A
N/A
Aggregate Pro Group Involvement:
1
381,000
Aggregate Cash
Amount
Aggregate #
of Shares
Aggregate #
of Warrants
Finder’s Fee:
$ 234,779.75
N/A
4,471,996
Finder’s Warrants Terms: Each finder’s warrant entitles the holder to purchase one common share at a price of $0.0525 for a period of two (2) years from the date of issuance.
The Company issued a news release on December 13, 2023 confirming closing of the private placement. Additionally, the Company issued a news release announcing an increase of the private placement on December 6, 2023. 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 V2023-0302
QUEBEC PRECIOUS METALS CORPORATION (“QPM”)
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 15, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company’s proposal to issue 194,625 common shares to settle outstanding debt of $19,462.50.
Number of Creditors: 3 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:
3
$19,462.50
$0.10
194,625
Aggregate Pro Group Involvement:
N/A
N/A
N/A
N/A
For more information, please refer to the Company’s press release dated November 7, 2023.
CORPORATION MÉTAUX PRÉCIEUX DU QUÉBEC (« QPM »)
TYPE DE BULLETIN: Émission d’actions en règlement d’une dette
DATE DU BULLETIN : Le 15 décembre 2023
Société du groupe 2 de TSX Croissance
Bourse de croissance TSX a accepté le dépôt de la documentation de la société en vertu de l’émission proposée de 194 625 actions ordinaires en règlement d’un montant de dette total de 19 462,50 $.
Nombre de créanciers : 3 créanciers
Participation de personne ayant
un lien de dépendance / Groupe Pro :
Créanciers
# de
créanciers
Montant dû
Prix réputé par
action
# total d’actions
Participation total de personne ayant un lien de dépendance:
3
19 462,50 $
0,10 $
194 625
Participation total de Groupe Pro:
S/O
S/O
S/O
S/O
Pour plus d’informations, veuillez-vous référer au communiqué de presse émis par la société le 7 novembre 2023.
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BULLETIN V2023-0303
VIZSLA COPPER CORP. (“VCU”)
BULLETIN TYPE: Warrant Term Extension, Warrant Price Amendment
BULLETIN DATE: December 15, 2023
TSX Venture Tier 1 Company
Pursuant to the Company’s press release dated December 5, 2023, TSX Venture Exchange has accepted the amendments to the 3,072,061 common share purchase warrants (“Warrants”) originally issued pursuant to a Private Placement announced on April 7, 2022, and adjusted through a plan of arrangement announced on September 8, 2022 (“Arrangement”):
Original Expiry Date:
April 14, 2024
New Expiry Date:
April 14, 2025
Original Exercise Price:
$0.20 (adjusted to $0.65 on a post-Arrangement basis)
New Exercise Price:
$0.35
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SOURCE TSX Venture Exchange