TSX Venture Exchange
Canada NewsWire
In the news release, TSX Venture Exchange Stock Maintenance Bulletins, issued
25-Jan-2021
by TSX Venture Exchange over CNW, we are advised by the company that amendments have been made throughout the release. The complete, corrected release follows:
TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, BC
,
Jan. 25, 2021
/CNW/ –
TSX VENTURE COMPANIES
BRAGG GAMING GROUP INC. (“BRAG”)(“BRAG.WT”)
BULLETIN TYPE: Graduation, Miscellaneous
BULLETIN DATE:
January 25, 2021
TSX Venture Tier 1 Company
Graduation
TSX Venture Exchange has been advised that the Company’s shares and warrants will be listed and
commence trading on Toronto Stock Exchange at the opening on
January 27, 2021
, under the symbols “BRAG” and “BRAG.WT”.
As a result of this Graduation, there will be no further trading under the symbols “BRAG” and “BRAG.WT” on TSX Venture Exchange after
January 26, 2021
, and its shares and warrants will be delisted from TSX Venture Exchange at the commencement of trading on Toronto Stock Exchange.
Miscellaneous
Pursuant to the TSX Venture Exchange (the “Exchange”) bulletin dated
November 20, 2020
, 14,786,125 warrants (each, a “Warrant”) of the Company were listed for trading on the Exchange under the symbol “BRAG.WT”.
These warrants were issued under a warrant indenture dated
November 18, 2020
pursuant to the Company’s short form prospectus dated
November 13
, 2020. Each Warrant entitles the holder to purchase one common share of the Company at a price of
$1.00
per share, subject to an acceleration clause.
Per the terms of the underlying warrant indenture, if the daily volume weighted average trading price of the Company’s shares on the Exchange exceeds
$1.50
for ten (10) consecutive trading days (the “Acceleration Trigger”), the Company is entitled to accelerate the expiry date of the Warrants to a date thirty (30) days from the date notice of such acceleration is provided to holders of Warrants.
The Company has now delivered to holders of Warrants a notice of the occurrence of the Acceleration Trigger and its election to accelerate the expiry date of the Warrants to
February 22, 2021
.
Accordingly, any Warrants that have not been exercised by
4.30 p.m.
(
Toronto
time) on
February 22, 2021
will automatically be cancelled
.
The Company has advised that, as of
January 21, 2021
, 14,483,103 Warrants remained outstanding, which will be listed on Toronto Stock Exchange with the revised expiry date as of
February 22, 2021
.
For more information, please refer to the Company’s news releases dated
January 19
and
January 21, 2021
.
_____________________________________
KORE MINING LTD.
(“KORE
“)
[formerly: KORE Mining Ltd
(“KORE
“)]
BULLETIN TYPE: Plan of Arrangement, Delist, Notice of Distribution
BULLETIN DATE:
January 25, 2021
TSX Venture Tier 2
Company
Effective
January 25, 2021
, (“Closing Date”) KORE Mining Ltd (“KORE” or the “Company”) has transferred all of its
British Columbia
(“BC”) gold exploration assets, including the FG Gold and Gold Creek gold projects, (“Spin-out”) into a newly incorporated company, Karus Gold Corp. (“Karus” or “Karus Gold”). Pursuant to a plan of arrangement under Part 9, Division 5 of the Business Corporations Act (
British Columbia
), at a special meeting of the shareholders of the Company held on
January 20,2021
(the “Meeting”), the shareholders approved the arrangement by a special resolution passed by more than 66⅔% of the votes cast by shareholders of KORE present or represented by proxy at the Meeting and more than 50% of the disinterested shareholder votes cast by KORE shareholders present or represented by proxy at the Meeting. The Supreme Court of
British Columbia
issued the final court order approving the arrangement on
January 22
, 2021. Pursuant to the terms of the arrangement agreement each KORE shareholder will hold one half of one
Karus Share
and one new KORE shares for every one common shares of KORE held on the effective date of the Arrangement and collectively, KORE shareholders, other than dissenting shareholders, will own 100% of
Karus Gold
Further information on this transaction is available on the Company’s Sedar Profile, in the Information Circular dated
December 18, 2020
and in the news releases dated
December 16, 2020
,
January 20, 2021
, and
January 25, 2021
.
Effective at close on
Monday, January 25, 2021
,
the old KORE share CUSIP number (50066W105) will be delisted.
Effective at the opening on
Tuesday January 26, 2021
,
the new KORE shares will begin trading under the new CUSIP number (50067K100). There is no change in the Company’s name, no change in trading symbol and no consolidation of capital. The Company is classified as a ‘Mining Exploration’ company.
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Notice of Distribution
The Issuer has declared the following distribution(s):
Distribution per one (1) old common share(s) of KORE: one half of one (1/2) Karus common share and one (1) new KORE common shares.
Payable Date:
January 28, 2021
The distribution is being effected via Letters of Transmittal to be issued on the “Closing Date”.
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________________________________________
MINEWORX TECHNOLOGIES LTD. (“MWX
“) (”
MWX.RT”)
BULLETIN TYPE: Rights Offering-Shares
BULLETIN DATE:
January 25, 2021
TSX Venture Tier 2
Company
The Company has announced it will offer to shareholders of record at
Thursday, January 28, 2021
, transferable rights to purchase shares of the Company. One (1) right will be issued for each share held. One (1)
right and
$0.015
are required to purchase one Share
. The rights offering will expire on
March 8, 2021
.
As at
January 25, 2021
,
the Company had 322,765,080
shares issued and outstanding.
Effective at the opening,
Wednesday, January 27, 2021
, the shares of the Company will trade ex-rights and the Rights will commence trading at that time on a ‘when-issued basis’. The Company is classified as a ‘Mining Exploration
‘ company.
Summary:
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For further details, please refer to the Company’s news release dated
January 22, 2021
and the Rights Offering Circular dated
January 22, 2021
which is available on
www.sedar.com
.
__________________________________
SYNSTREAM ENERGY CORP. (“SHM.H”)
[formerly Synstream Energy Corp. (“SHM”)]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE:
January 25, 2021
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.5, Synstream Energy Corp. (the “Company”) has not maintained the requirements for a TSX Venture Tier 2 company. Therefore,
effective at the opening Wednesday
,
January 27, 2021
, the Company’s listing will transfer to NEX, the Company’s Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from
Alberta
to NEX.
As of
January 27, 2021
, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.
The trading symbol for the Company will change from SHM to SHM.H. There is no change in the Company’s name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.
Further to the Exchange bulletin issued
June 23, 2020
, trading in the shares of the Company will remain suspended.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
________________________________________
ZECOTEK PHOTONICS INC. (“ZMS.H”)
[formerly Zecotek Photonics Inc. (“ZMS”)]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE:
January 25, 2021
TSX Venture Tier 2 Company
In accordance with TSX Venture Policy 2.5, Zecotek Photonics Inc. (the “Company”) has not maintained the requirements for a TSX Venture Tier 2 company. Therefore,
effective at the opening Wednesday
,
January 27, 2021
, the Company’s listing will transfer to NEX, the Company’s Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from
Vancouver
to NEX.
As of
January 27, 2021
, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.
The trading symbol for the Company will change from ZMS to ZMS.H. There is no change in the Company’s name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.
Further to the Exchange bulletin issued
December 5, 2019
, trading in the shares of the Company will remain suspended.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.
________________________________________
NEX COMPANIES
CHINA
KELI ELECTRIC COMPANY LTD. (“ZKL.H”)
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE:
January 25, 2021
NEX Company
Further to the TSX Venture Exchange Bulletin dated
October 31, 2018
, the Exchange has been advised that the Cease Trade Order issued by the British Columbia Securities Commission dated
October 30, 2018
has been revoked.
Effective at the opening,
Wednesday, January 27, 2021
, trading will be reinstated in the securities of the Company.
________________________________________
KURE TECHNOLOGIES INC. (“KUR.H”)
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE:
January 25, 2021
NEX Company
Further to the TSX Venture Exchange Bulletin dated
January 6, 2021
, the Exchange has been advised that the Cease Trade Order issued by the Ontario Securities Commission dated
January 5, 2021
has been revoked.
Effective at the opening,
Wednesday, January 27, 2021
, trading will be reinstated in the securities of the Company.
________________________________________
21/01/25
– TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
AFFINITY METALS CORP.
(“AFF
“)
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE:
January 25, 2021
TSX Venture Tier 2
Company
TSX Venture Exchange has accepted for filing a Property Option Agreement dated
September 29, 2020
between the Company and Moon Energy Corp., Foundation Canada (
Maureen Galata
) whereby the Company may acquire up to a 100% interest in the Cascallen Claims,
Ontario
(in four stages: 70% interest, 80% interest, and 100% interest) over a five-year period. Consideration is as follows:
Year 1: 70% interest:
$30,000.00
,
$25,000
advance royalty payment and completion of a minimum of 1,300 meters of drilling and 1% NSR
Year 1: 80% interest:
$25,000
advance royalty Payment and 400,000 common shares and completion of a minimum of 6,000 meters of drilling.
Year 2: 90% interest:
$25,000
advance royalty payment and 500,000 share purchase warrants that are exercisable into common shares for a two-year period at
$0.28
per share and a minimum of 4,000 meters of drilling.
Year 5: 100% interest:
$25,000
advance royalty payment,
$5,000,000
and PEA within 5 years.
$25,000
advance royalty payment due annually to a maximum of
$250,000
.
________________________________________
CLOUDMD SOFTWARE & SERVICES INC. (“DOC”)
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE:
January 25, 2021
TSX Venture Tier 1
Company
TSX Venture Exchange has accepted for expedited filing an Amending Agreement to Asset Purchase Agreement dated
January 18, 2021
(the “Agreement”) between CloudMD Software & Services Inc. (the “Company”), iMD Health Global Corp. (the “Buyer”) and Owen Media Partners Inc. (the “Seller”) whereby Seller owns and operates the Canadian Medical Directory, an electronic database of Canadian medical professionals (the “CMD Database”), and certain assets used in connection with such ownership and operation (collectively, the “CMD Business”) and the Buyer, a wholly-owned subsidiary of the Company, will purchase, all right, title and interest in and to the CMD Business.
Under the terms of the Agreement, the Company will make cash payments of
$250,000
and will issue 574,468 common shares at a deemed price of
$2.47
per common share on closing and a performance based earnout payment payable by the issuance of 148,936 common shares at a deemed price of
$2.47
per common share over a period of 2 years. The deemed price per share is subject to a minimum floor price of
$2.47
per common share, being the Discounted Market Price. The first earnout is contingent on the CMD Business achieving a total New Contracted Revenue of
$465,000
in the 2021 calendar year. The second earnout is contingent on CMD Business achieves total New Contracted Revenue of
$490,000
in the 2022 calendar year.
Please refer to the Company’s news releases dated
October 21, 2020
and
January 22, 2021
for further details.
_______________________________________________
COIN HODL INC.
(“COIN
“)
BULLETIN TYPE: Halt – Correction
BULLETIN DATE:
January 25, 2021
TSX Venture Tier
2 Company
Further to the TSX Venture Exchange Bulletin dated
January 22, 2021
, the name of the company in the bulletin heading should have read as follows:
COIN HODL INC.
(“COIN
“)
All other information remains unchanged.
________________________________________
ENERDYNAMIC HYBRID TECHNOLOGIES CORP. (“EHT”)
BULLETIN TYPE: Halt
BULLETIN DATE:
January 25, 2021
TSX Venture Tier 1
Company
Effective at 7:56 a.m. PST,
January 25, 2021
, trading in the shares of the Company was halted at the request of the Company, 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.
________________________________________
GOLDSPOT DISCOVERIES CORP.
(“SPOT
“)
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE:
January 25, 2021
TSX Venture Tier 1
Company
TSX Venture Exchange has accepted for filing documentation pertaining to a Subscription Agreement for Common Shares of XCorp AI Ltd. (the “Agreement”) dated
October 14, 2020
between the Company and Envision Geoscience Inc. (“Purchaser”), whereby the Company has agreed to sell 500,000 common shares in the capital of XCorp AI Ltd. (the “Subsidiary”) at a deemed price of
$0.05
per share.
Under the terms of the Agreement, the Company has agreed to sell shares of the Subsidiary for
$25,000
cash payment.
For more information, please refer to the Company’s news release dated
January 4, 2021
.
________________________________________
GOLO MOBILE INC. (“WLTR”)
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE:
January 25, 2021
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on
January 11, 2021
:
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Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release dated
January 15, 2021
announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
________________________________________
Group Eleven Resources
(“ZNG
“)
BULLETIN TYPE: Private Placement Non-Brokered
BULLETIN DATE:
January 25, 2021
TSX Venture Tier 2
Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced
December 24, 2020
and
December 30, 2020
:
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Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued news releases on December 30, 2020 and January 11, 2021 announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
________________________________________
JAZZ RESOURCES INC. (“JZR”)
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE:
January 25, 2021
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation a purchase and sale agreement (“Purchase Agreement”) dated
September 2, 2020
, and further amended on
January 15, 2021
, between the Company and Coltan Gold Minerals Inc. (the “Vendor”). Pursuant to terms of the Purchase Agreement, the Company will purchase all of the Vendor’s legal and beneficial title and interest in and to a joint venture royalty agreement (“JV Royalty Agreement”) dated
July 6, 2020
, as amended, between Eco Mining Oil &
Gaz Drilling
and Exploration EIRELI and the Vendor. The Company will provide the Vendor with the following as total consideration for the purchase:
- 2,150,000 common shares of the Company issued upon the closing date of this transaction;
- The right to acquire up to 2,975,000 additional common shares of the Company, upon written notice by the Vendor to the Company, in lieu of a convertible note previously negotiated in the Purchase Agreement, provided that the additional common shares do not result in the Vendor owning 19.5% or more of the issued and outstanding common shares of the Company;
USD$500,000
loan (the “Loan”) which was provided to the Vendor to complete the initial drilling program as part of the initial payment under the JV Royalty Agreement (further outlined below). The Loan will bear a 6% annual interest rate not compounded accrued, due 24 months from the date of issuance and further payable as per the terms under the JV Royalty Agreement.
Under the terms of the JV Royalty Agreement, the Vendor initially had the option to acquire a 50% interest in the Vila Nova property located in Amapa,
Brazil
provided the following payments were made:
- An initial payment in the amount of
USD$500,000
to finance the 2,000 metre drilling program along with the completion of the business; - A second payment of
USD$500,000
as per the scheduled terms; and - A final payment of
USD$5,000,000
as per the scheduled terms.
Insider / Pro Group Participation: None
For further information, please reference the Company’s news releases dated
July 31, 2020
,
September 15, 2020
and
January 20, 2021
.
________________________________________
KONA BAY TECHNOLOGIES INC.
(“KBY
“)
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE:
January 25, 2021
TSX Venture Tier 2
Company
In reliance upon the Notice to Issuers dated
April 8, 2020
, TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced
November 3, 2020
and
December 9, 2020
:
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Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release dated
December 31, 2020
announcing the closing of the private placement and setting out the expiry date of the hold periods. 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.
________________________________________
MINAURUM GOLD INC. (“MGG”)
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE:
January 25, 2021
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an amendment of an existing Option Agreement (the “Agreement”), originally dated
December 22, 2011
, between Minaurum Gold Inc. (the “Company”) and Metalla Royalty & Streaming Ltd. (the “Vendor”), whereby for a limited time the Company may repurchase a portion of the net smelter return royalty and eliminate the bankable feasibility study payment on the Company’s Biricu Project (collectively, the “Concessions”), located in the
Guerrero
gold belt,
Mexico
.
In exchange for the Concessions, the Company will make a one-time payment of 100,000 common shares to the Vendor.
For further details, please refer to the Company’s news release dated
January 20, 2021
.
________________________________________
SAHARA ENERGY LTD. (“SAH”)
BULLETIN TYPE: Halt
BULLETIN DATE:
January 25, 2021
TSX Venture Tier 2
Company
Effective at 4:45 a.m. PST,
January 25, 2021
, trading in the shares of the Company was halted at the request of the Company, 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.
________________________________________
SAHARA ENERGY LTD. (“SAH”)
BULLETIN TYPE: Remain Halted
BULLETIN DATE:
January 25, 2021
TSX Venture Tier 2
Company
Further to the TSX Venture Exchange (‘TSXV’) Bulletin dated
January 25, 2021
, trading in the shares of the Company will remain halted Pending Receipt and review of acceptable documentation regarding the change of business and/or Reverse Take-Over pursuant to Listings Policy 5.2.
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.
________________________________________
TGS ESPORTS INC.
(“TGS
“)
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE:
January 25, 2021
TSX Venture Tier 2
Company
TSX Venture Exchange has accepted for filing a share exchange agreement dated
November 13, 2020
(the “Agreement”) between the Company and the shareholders of Volcanic Media Inc. (collectively the “Vendors”). Pursuant to the terms of the Agreement, the Company has acquired all of the issued and outstanding shares of Volcanic Media Inc. By way of consideration, the Company may issue up to
$240
,000 of shares to the Vendors upon meeting certain criteria. The shares will be issued at a deemed price calculated in accordance with the terms of the Agreement, but in any event no less than
$0
.08625 per share, being the Discounted Market Price. The maximum number of shares issuable to the Vendors will be 2,782,609 shares.
There is no finder’s fee payable
Insider / Pro Group Participation: N/A
Please refer to the Company’s news releases dated
October 7, 2020
,
November 2, 2020
and
December 30
, 2020 for further details.
________________________________________
RAINY MOUNTAIN ROYALTY CORP.
(“RMO
“)
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE:
January 25, 2021
TSX Venture Tier 2
Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced
December 14, 2021
:
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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.
________________________________________
UGE INTERNATIONAL LTD. (“UGE”)
BULLETIN TYPE: Halt
BULLETIN DATE:
January 25, 2021
TSX Venture Tier 2
Company
Effective at 6:25 a.m. PST,
January 25, 2021
, trading in the shares of the Company was halted at the request of the Company, 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.
________________________________________
UGE INTERNATIONAL LTD. (“UGE”)
BULLETIN TYPE: Resume Trading
BULLETIN DATE:
January 25, 2021
TSX Venture Tier 2 Company
Effective at
11:15 a.m. PST
,
January 25, 2021
, shares of the Company resumed trading, an announcement having been made.
________________________________________
VOX ROYALTY CORP. (“VOX
“)
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE:
January 25, 2021
TSX Venture Tier 1
Company
TSX Venture Exchange (the “Exchange”) has accepted for filing documentation pertaining to royalty portfolio sale and purchase agreement dated
November 09, 2020
(as amended on
December 16, 2020
)
(the “Agreement”), between Vox Royalty Corp. (the “Company”) and an arm’s length party – Breakwater Resources Ltd. (the “Vendor”). Pursuant to the Agreement, the Company will acquire a portfolio of five (5) royalties on mineral properties located across
Canada
and
USA
.
As consideration for the Agreement, the
CDN$1,125,001
purchase price will be satisfied via CDN$400,001 in cash and issuance of 252,878 common shares at a deemed value of
CDN$2.867
per share.
For further details, please refer to the Company’s news release dated
November 10, 2020
and
January 21, 2021
.
________________________________________
NEX COMPANIES
BUTTE ENERGY INC. (“BEN.H”)
BULLETIN TYPE: Halt
BULLETIN DATE:
January 25, 2021
NEX Company
Effective at 6:02 a.m. PST,
January 25, 2021
, trading in the shares of the Company was halted at the request of the Company, 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.
________________________________________
SOURCE TSX Venture Exchange
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