VANCOUVER, BC, March 31,
2023 /CNW/ -
TSX VENTURE COMPANIES
PURE GOLD MINING INC. ("PGM.H")
BULLETIN
TYPE: Suspend
BULLETIN DATE: March
31, 2023
NEX Company
Further to the TSX Venture Exchange bulletin dated March 21, 2023 and Pure Gold Mining Inc.
(the "Company") new release dated March 30,
2023, effective at the opening on Tuesday,
April 04, 2023, the common
shares of the Company will be suspended for failure to maintain
Exchange Requirements.
Members are prohibited from trading in the securities of the
Company during the period of the suspension or until further
notice.
_____________________________________
23/03/31 - TSX
Venture Exchange Bulletins
TSX VENTURE COMPANIES
DESERT MOUNTAIN ENERGY
CORP. ("DME")
BULLETIN TYPE:
Prospectus-Unit Offering
BULLETIN DATE:
March 31, 2023
TSX Venture
Tier 2 Company
Further to the TSX Venture Exchange (the "Exchange") bulletin
dated March 24, 2023, the Exchange
has been notified that Beacon Securities Limited (the "Agent") has
exercised their remaining over-allotment options being 545,000
units to bring their over-allotment option to a full exercise of
1,545,000 units.
With this full over-allotment exercise, gross proceeds from the
Short Form Prospectus (the "Prospectus") dated March 20, 2023, were $23,097,750.
Please see below for the summary of the Prospectus.
Prospectus-Units Brokered Offering:
|
Offering:
|
11,845,000 units
(including full exercise of the Agent's Over-Allotment Option).
Each unit consists of one common share in the capital of the
company and one common share purchase warrant.
|
|
|
|
Unit Price:
|
$1.95 per
unit.
|
|
|
|
Warrant Exercise
Price/Term:
|
$2.70 per share for a
period of 2 years from closing, subject to acceleration.
|
|
|
|
Agent:
|
Beacon Securities
Limited.
|
|
|
|
Agent's
Commission:
|
Beacon Securities
Limited - $782,613 cash from the sale of the units, excluding any
units purchased by subscribers that will directly settle their
purchase with the Company. The Agent also received a corporate
finance fee of $600,000 plus applicable taxes.
|
|
|
|
Over-Allotment
Option:
|
The Agent exercised
their full over-allotment option to purchase an additional
1,545,000 units.
|
|
|
|
Agent's Compensation
Option:
|
401,340 options,
including the full exercise of the over-allotment
option.
|
|
|
|
Corporate Finance Fee
|
|
Compensation
Option:
|
309,360
options
|
The Agent's Compensation Options and the Corporate Finance Fee
Compensation Options both have an exercise price of
$1.95 per option for a period of 2
years following the closing date.
For further details, please refer to the Company's news releases
dated March 2, 2023, March 3, 2023, March 21,
2023, March 24, 2023, and
March 31, 2023, and the Short Form
Prospectus dated March 20, 2023,
which have been filed on SEDAR.
________________________________________
HERCULES SILVER CORP. ("BIG")
BULLETIN TYPE:
Halt
BULLETIN DATE: March
31, 2023
TSX Venture Tier
2 Company
Effective at 11:57 a.m. PST, March
30, 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.
________________________________________
HERCULES SILVER CORP. ("BIG")
BULLETIN TYPE:
Resume Trading
BULLETIN DATE: March 31, 2023
TSX Venture Tier
2 Company
Effective at 5:00 a.m. PST, March 31, 2023, shares of the Company resumed
trading, an announcement having been made.
________________________________________
KALO GOLD
CORP. ("KALO")
BULLETIN TYPE:
Shares for Debt
BULLETIN DATE: March 31, 2023
TSX Venture Tier
2 Company
TSX Venture Exchange has accepted for filing the Company's
proposal to issue 596,260 shares at $0.12 to settle outstanding debt for
$71,551.25.
Number of
Creditors:
2 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:
|
N/A
|
N/A
|
N/A
|
N/A
|
|
Aggregate Pro Group
Involvement:
|
N/A
|
N/A
|
N/A
|
N/A
|
The Company shall issue a news release when the shares are
issued and the debt extinguished.
________________________________________
KINGFISHER METALS CORP.
("KFR")
BULLETIN TYPE: Property-Asset or
Share Purchase Agreement
BULLETIN DATE:
March 31, 2023
TSX Venture
Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement
(the "Agreement") dated March 6,
2023, between Kingfisher Metals Corp. (the "Company") and an
arm's length party (the "Optionor"). Pursuant to the terms of the
Agreement, the company may acquire a 100-per-cent interest in a
series of mineral claims located in the province of British Columbia, commonly referred to as the
Ball Creek East project. By way of Consideration, the Company
will issue a total of $3,500,000 in
shares (up to a maximum of 70,000,000 shares) at a price the
greater of $0.05 and the market price
to the optionor and will pay $7,500,000 in exploration expenditures over a 4
year period. The Property is subject to a 2% net smelter
return to be retained by Sandstorm Gold Ltd., of which one-half may
be purchased by Orogen at any time with a cash payment of
$1,000,000.
For further details, please refer to the Company's news release
dated March 7, 2023.
________________________________________
KINGFISHER METALS CORP.
("KFR")
BULLETIN TYPE: Property-Asset or
Share Purchase Agreement
BULLETIN DATE:
March 31, 2023
TSX Venture
Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement
(the "Agreement") dated March 6,
2023, between Kingfisher Metals Corp. (the "Company") and an
arm's length party (the "Optionor"). Pursuant to the terms of the
Agreement, the company may acquire a 100-per-cent interest in a
series of mineral claims located in the province of British Columbia, commonly referred to as the
Hank project. By way of Consideration, the Company will make
a total cash payment of $250,000,
will issue a total of $3,000,000 in
shares (up to a maximum of 60,000,000 shares) at a price the
greater of $0.05 and the market price
to the optionor and will pay a total of $3,000,000 in exploration expenditures over a 4
year period. The Property is subject to a 3% net smelter
return royalty is to be retained by Orogen Royalties Inc., of which
1% may be purchased by Golden Ridge
at any time with a cash payment of US$3,000,000.
For further details, please refer to the Company's news release
dated March 7, 2023.
________________________________________
METALORE RESOURCES
LIMITED ("MET")
BULLETIN TYPE:
Property-Asset or Share Purchase Agreement, Property-Asset or Share
Disposition Agreement
BULLETIN DATE: March 31, 2023
TSX Venture Tier
2 Company
TSX Venture Exchange has accepted for filing documentation
with respect to the non-arm's length exchange of assets. Pursuant
to the agreement, the Company shall acquire the remaining 48%
interest in four natural gas wells located in Houghton Township,
Ontario. As consideration, the
Company shall give one mineral lease, located in the Greenstone
Municipality, NW Ontario to the
non-arm's length party.
For further details, please refer to the Company's news release
dated March 31, 2023.
________________________________________
PLANTIFY FOODS,
INC. ("PTFY")
BULLETIN TYPE:
Halt
BULLETIN DATE: March 31, 2023
TSX Venture Tier
2 Company
Effective at 8:16 a.m. PST, March
31, 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.
________________________________________
POWER METALS CORP. ("PWM")
BULLETIN
TYPE: Private Placement- Brokered
BULLETIN
DATE: March 31,
2023
TSX Venture Tier
2 Company
TSX Venture Exchange has accepted for filing documentation with
respect to a Brokered Private Placement announced on March 06, 2023:
|
Number of
Shares:
|
11,325,000 Flow-Through
Shares
|
|
|
|
Purchase
Price:
|
$0.57 per Flow-Through
Shares
|
|
|
|
Number of
Placee:
|
17 initial purchasers
and 2 End-Buyers
|
Insider / Pro Group Participation: N/a
|
|
|
|
Placees
|
# of Placee
(s)
|
Aggregate # of
Shares
|
|
|
|
|
Aggregate Existing
Insider Involvement:
|
N/a
|
N/a
|
|
|
|
|
Aggregate Cash
Amount
|
Aggregate
#
of
Shares
|
Aggregate
#
of
Warrants
|
|
|
|
|
|
Commission:
|
$
129,105
|
N/A
|
226,500
Warrants
|
Broker Warrants Term: Each warrant entitles the holder to purchase
one common share at the price of $0.40 for a period of 18 months from the
date of issuance.
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the
Company issued a news release on March 27,
2023, announcing the closing of the private
placement.
________________________________________
SP STRATEGIC ACQUISITION CORP. ("SPSA.P")
BULLETIN
TYPE: New Listing-CPC-Shares
BULLETIN DATE: March 31, 2023
TSX Venture Tier 2
Company
Reference is made to our bulletin dated March 29, 2023, with respect to the listing of
the Company's shares.
We have received confirmation that the closing has
occurred. Therefore, the common shares of the Company which
were listed at the close of business March
30, 2023, commenced trading on Friday, March 31, 2023.
The Company has completed its public offering of securities on
March 31, 2023. The gross proceeds
received by the Company for the Offering are $500,000 (5,000,000 common shares at $0.10 per share).
SP STRATEGIC ACQUISITION CORP. ("SPSA.P")
BULLETIN
TYPE: Halt
BULLETIN DATE: March 31, 2023
TSX Venture Tier 2
Company
Effective at 6:15 a.m. PST, March
31, 2023, trading in the shares of the Company was halted,
pending closing; 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.
________________________________________
SP STRATEGIC ACQUISITION CORP. ("SPSA.P")
BULLETIN
TYPE: Resume Trading
BULLETIN DATE:
March 31, 2023
TSX Venture
Tier 2 Company
Effective at 8:30 a.m. PST, March
31, 2023, shares of the Company resumed trading, an
announcement having been made.
________________________________________
NEX COMPANIES:
CANADA ENERGY PARTNERS
INC. ("CE.H")
BULLETIN TYPE:
Resume Trading
BULLETIN DATE: March 31, 2023
NEX Company
Effective at 12:30 p.m. PST, March
30, 2023, shares of the Company resumed trading, an
announcement having been made.
________________________________________
ZINCORE METALS
INC. ("ZNC.H")
BULLETIN TYPE:
Private Placement-Non-Brokered
BULLETIN DATE:
March 31, 2023
NEX
Company
TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced on
January 17, 2023:
|
Number of
Shares:
|
19,080,000
shares
|
|
|
|
Purchase
Price:
|
$0.01 per
share
|
|
|
|
Warrants:
|
19,080,000 share
purchase warrants to purchase 19,080,000 shares
|
|
|
|
Warrant Exercise
Price:
|
$0.05 for a one year
period
|
|
|
|
Number of
Placees:
|
9 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
|
|
Aggregate Cash
Amount
|
Aggregate
#
of
Shares
|
Aggregate
#
of
Warrants
|
|
Finder's
Fee:
|
N/A
|
N/A
|
N/A
|
The Company issued a news release on February 14, 2023 confirming closing of the
private placement.
________________________________________
SOURCE TSX Venture Exchange
