Click here to close now.

SYS-CON MEDIA Authors: Bart Copeland, Andreas Grabner, Liz McMillan, Dana Gardner, Elizabeth White

News Feed Item

TSX Venture Exchange Daily Bulletins

VANCOUVER, Feb. 14, 2014 /CNW/ -

TSX VENTURE COMPANIES:

ANDOVER MINING CORP. ("AOX")
BULLETIN TYPE:  Suspend
BULLETIN DATE:  February 14, 2014
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated February 12, 2014 and the Company's press release dated February 13, 2014, effective at the opening Tuesday, February 18, 2014, trading in the shares of the Company will be suspended for failure to maintain Continued Listing Requirements.

Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.

________________________________________

AURINIA PHARMACEUTICALS INC. ("AUP")
BULLETIN TYPE:  Halt
BULLETIN DATE:  February 14, 2014
TSX Venture Tier 2 Company

Effective at 10:52 a.m., PST, February 14, 2014, 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.

________________________________________

BROWNSTONE ENERGY INC. ("BWN")
BULLETIN TYPE:  Property-Asset or Share Disposition Agreement
BULLETIN DATE:  February 14, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange (the "Exchange") has accepted for filing documentation pertaining to an Assignment Agreement (the "Agreement"), dated February 3, 2014, between Brownstone Energy Inc. (the "Company") and Santa Maria Petroleum Inc. Sucursal Colombia - the Colombian branch of Global Oil & Gas Services Ltd., whereby the Company has agreed to assign its 34.25% oil and gas participating interest in the Llanos 27 Project, located in the Llanos basin of Colombia.

The assignment will be effected for no consideration but will result in the release of a $1.85 million letter of guarantee provided on behalf of the Company to the Agencia Nacional de Hidrocarburos, the Colombian government oil and gas agency.

For further details, please refer to the Company's news release dated February 11, 2014.

________________________________________

CORTEX BUSINESS SOLUTIONS INC. ("CBX")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  February 14, 2014
TSX Venture Tier 2 Company

Effective at 8:00 a.m., PST, February 14, 2014, shares of the Company resumed trading, an announcement having been made.

________________________________________

GATEKEEPER SYSTEMS INC. ("GSI")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE:  February 14, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:

Private Placement:

# of Warrants:  4,220,000
Original Expiry Date of Warrants:  February 19, 2014
New Expiry Date of Warrants:  February 19, 2015
Exercise Price of Warrants:  $0.50


These warrants were issued pursuant to a private placement of 8,440,000 shares with 4,220,000 share purchase warrants attached, which was accepted for filing by the Exchange effective February 25, 2013.

________________________________________

GOLDSTRIKE RESOURCES LTD ("GSR")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement, Resume Trading
BULLETIN DATE:  February 14, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a joint venture agreement between Goldstrike Resources Ltd (the "Company") and Petro One Energy Corp. ("Petro One") dated November 20, 2013, whereby the Company has the right to earn a 50/50 working interest in an oil well on Petro One lands in Saskatchewan and Manitoba.

In order to acquire the 50% working interest, the Company must:

  • Share the costs of drilling Well #SR1 on the South Reston property, Manitoba with Petro One on a 50/50 basis and reimburse Petro One for $50,000 out-of-pocket expenses previously incurred by Petro One on South Reston.
  • Upon completion of drilling, a decision will be made to complete the well or abandon it. If the decision is to complete, the Company will be responsible for 100% of the completion costs, and if abandoned, the Company and Petro One will split reclamation costs 50/50.
  • If Well #SR1 is successful, the Company will have earned its interest in Well #SR1 and the Companies will share costs to drill a second well, Well #SR2 on the Petro One Lands under the same terms.
  • If Well #SR1 is not successful, the Company and Petro One will share costs of drilling a single oil well at Kirkella, Manitoba ("Well #K1") under the same terms, except the Company will not have any rights to drill another well on the Kirkella property.

The transaction is a Non Arms-length transaction.

Further details can be found in the Company's news releases

Resume Trading

Effective at open of trading, Tuesday, February 18, 2014, shares of the Company will resume trading, an announcement having been made.

________________________________________

GREENCASTLE RESOURCES LTD. ("VGN")
BULLETIN TYPE:  Normal Course Issuer Bid
BULLETIN DATE:  February 14, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has been advised by the Company that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated February 10, 2014, it may repurchase for cancellation, up to 3.981.805 shares in its own capital stock.  The purchases are to be made through the facilities of TSX Venture Exchange during the period February 19, 2014 to February 18, 2015.  Purchases pursuant to the bid will be made by on behalf of the Company.

________________________________________

JUNEX INC. ("JNX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE:  February 14, 2014
TSX Venture Tier 1 Company

Effective at 5:00 a.m., PST, February 14, 2014, shares of the Company resumed trading, an announcement having been made.

________________________________________

MAPLEWOOD INTERNATIONAL REIT ("MWI.UN")
BULLETIN TYPE:  Notice of Distribution
BULLETIN DATE:  February 14, 2014
TSX Venture Tier 2 Company

The Issuer has declared the following distribution(s):

Distribution per Trust Unit:  $0.02267
Payable Date:  March 17, 2014
Record Date:  February 28, 2014
Ex-Distribution Date:  February 26, 2014
   

________________________________________

NEW WORLD RESOURCE CORP. ("NW")
BULLETIN TYPE:  Consolidation
BULLETIN DATE:  February 14, 2014
TSX Venture Tier 2 Company

Pursuant to an ordinary resolution passed by directors February 4, 2014, the Company has consolidated its capital on a six (6) old for one (1) new basis.  The name of the Company has not been changed.

Effective at the opening on Tuesday, February 18, 2014, the common shares of New World Resource Corp. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'mineral exploration and development' company.

Post - Consolidation    
Capitalization:  100,000,000  shares with no par value of which
  9,472,482  shares are issued and outstanding
Escrow  nil  shares

Transfer Agent:  Computershare Trust Company of Canada
Trading Symbol:  NW  (UNCHANGED)
CUSIP Number:  649297207  (new)
     

________________________________________

NOVIK INC. ("NVK")
BULLETIN TYPE:  Halt
BULLETIN DATE:  February 14, 2014
TSX Venture Tier 1 Company

Effective at 5:00 a.m., PST, February 14, 2014, 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.

________________________________________

PETROLIA INC. ("PEA")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  February 14, 2014
TSX Venture Tier 2 Company

Effective at 5:00 a.m., PST, February 14, 2014, shares of the Company resumed trading, an announcement having been made.

________________________________________

SATURN MINERALS INC. ("SMI")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  February 14, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 23, 2014:

Number of Shares:  5,650,000 shares
Purchase Price:  $0.12 per share
Warrants:  2,825,000 share purchase warrants to purchase 2,825,000 shares
Warrant Exercise Price:  $0.15 for a two year period. The warrants have an accelerated expiry if, at
any time after the 4 month hold period expires, the closing price of the
Company's shares exceeds $0.30 for any 10 consecutive trading days, in
which event the holder will be given notice that the warrants will expire 30
days following the date of such notice.
Number of Placees:  5 placees


Insider / Pro Group Participation:

  Insider=Y /  
Name  ProGroup=P  # of Shares
Vitaly Melnikov  500,000


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.  [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.]

________________________________________

SOLTORO LTD. ("SOL")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  February 14, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 4, 2014:

Number of Shares:  9,750,000 shares
Purchase Price:  $0.10 per share
Warrants:  9,750,000 share purchase warrants to purchase 9,750,000 shares
Warrant Exercise Price:  $0.15 for a two year period
Number of Placees:  28 placees


Insider / Pro Group Participation:

  Insider=Y /  
Name  ProGroup=P  # of Shares
Andrew Thomson  150,000
Steven Priesmeyer  300,000
Brian Jennings  100,000
Ernesto Echsvsrria  2,500,000
Douglas Reeson  80,000
William John McGuinty  100,000
Phillip Walford  50,000
Michael Mansfield  270,000

Finder's Fee:  An aggregate of $38,150, plus 381,500 finders warrants, each exercisable
at a price of $0.10 for a period of two years into one common share and
one warrant (each warrant further exercisable into one share at the same
terms as above) payable to Brian Fagan and Jefferey Philips.


Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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.

________________________________________

STANDARD GRAPHITE CORPORATION ("SGH")
BULLETIN TYPE:  Private Placement-Non-Brokered, Correction
BULLETIN DATE:  February 14, 2014
TSX Venture Tier 2 Company

Further to the bulletin dated February 13, 2014, TSX Venture Exchange corrects the acceptance of a Non-Brokered Private Placement announced January 13, 2014.  The correction relates to the payment of finder's fees; all other terms are unchanged:

Finders' Fees:  Global Market Development LLC (Jeff Phillips) receives $7,000 and 140,000 non-
transferable warrants, each exercisable for one share at a price of $0.10 per share
for a 12 month period.
  NBCN Inc. receives $9,800 and 196,000 non-transferable warrants, each
exercisable for one share at a price of $0.10 per share for a 12 month period.
   

________________________________________

STARLIGHT U.S. MULTI-FAMILY CORE FUND ("UMF.A") ("UMF.U")
BULLETIN TYPE:  Notice of Distribution
BULLETIN DATE:  February 14, 2014
TSX Venture Tier 1 Company

The Issuer has declared the following distribution(s):

Dividend per Class A:  CDN$0.05663
Payable Date:  March 17, 2014
Record Date:  February 28, 2014
Ex-Dividend Date:  February 26, 2014
   
Dividend per Class U:  US$0.05636
Payable Date:  March 17, 2014
Record Date:  February 28, 2014
Ex-Dividend Date:  February 26, 2014
   

________________________________________

STARLIGHT U.S. MULTI-FAMILY (NO.2) CORE FUND ("SUD.A") ("SUD.U")
BULLETIN TYPE:  Notice of Distribution
BULLETIN DATE:  February 14, 2014
TSX Venture Tier 1 Company

The Issuer has declared the following distribution(s):

Dividend per Class A:  CDN$0.03334
Payable Date:  March 17, 2014
Record Date:  February 28, 2014
Ex-Dividend Date:  February 26, 2014
   
Dividend per Class U:  US$0.03334
Payable Date:  March 17, 2014
Record Date:  February 28, 2014
Ex-Dividend Date:  February 26, 2014
   

________________________________________

TASMAN METALS LTD. ("TSM")
BULLETIN TYPE:  Private Placement-Non-Brokered, Amendment
BULLETIN DATE:  February 14, 2014
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted an amendment to the first tranche of a Non-Brokered Private Placement announced January 22, 2014.  The amendment relates to the payment of an additional finder's fee; all other terms are unchanged:

Finders' Fees:  Global Market Development LLC (Jeffrey Phillips) receives $147,840 and 192,000
units, with the same terms as the above private placement.
  Canaccord Genuity Corp. receives $3,080 and 2,800 non-transferable warrants.
  Mackie Research Capital Corporation receives $2,310 and 2,100 non-transferable
warrants.
  Wolverton Securities Ltd. receives $1,155 and 1,050 non-transferable warrants.
  Douwe van Hees receives $3,850 and 3,500 non-transferable finder's warrants.
  Euro Pacific Canada Inc. receives $10,500 and 9,545 non-transferable warrants.
   
  - Each non-transferable finder's warrant is exercisable for one share at a price of $1.10 for a three year period.
   

________________________________________

TERRAX MINERALS INC. ("TXR")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  February 14, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 7, 2014:

Number of Shares:  1,500,000 shares
Purchase Price:  $0.45 per share
Warrants:  750,000 share purchase warrants to purchase 750,000 shares
Warrant Exercise Price:  $0.51 for a two year period
Number of Placees:  2 placees


Insider / Pro Group Participation:

  Insider=Y /  
Name  ProGroup=P  # of Shares
Aggregate Pro Group Involvement  1,000,000
  [1 placee]    

Finder's Fee:  $31,500 and 70,000 warrants payable to Haywood Securities Inc.


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.

________________________________________

THE INTERTAIN GROUP LIMITED ("IT")
[Formerly: Aumento Capital II Corporation ("AQT.P")]
BULLETIN TYPE: Qualifying Transaction-Completed, Name Change and Consolidation, Private Placement - Brokered, Graduation, New Symbol
BULLETIN DATE: February 14, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange (the "Exchange") has accepted for filing Aumento Capital II Corporation's ("Aumento") Qualifying Transaction ("QT") described in its non-offering prospectus dated February 4, 2014. As a result, at the opening on Tuesday, February 18, 2014, Aumento will no longer be considered a Capital Pool Company.

Aumento's Non-Offering Prospectus dated February 4, 2014 relating to the QT, has also been filed with and accepted by the Exchange, and filed with and receipted by the Securities Commissions in Ontario on February 7, 2014, pursuant to the provisions of the Ontario Securities Acts.

Aumento, together with its wholly-owned subsidiary 2399274 Ontario Inc. ("Subco"), entered into a definitive agreement dated February 4, 2014, pursuant to which Subco amalgamated (the "Amalgamation") with Goldstar Acquisitionco Inc. ("Goldstar") to complete an arm's length qualifying transaction in accordance with the policies of the Exchange. The Amalgamation was structured as a three-cornered amalgamation and as a result the amalgamated corporation ("Amalco") became a wholly-owned subsidiary of Aumento at the time of the completion of the Amalgamation, effective on February 11, 2014.

Concurrently with the Amalgamation, Goldstar acquired all of the issued and outstanding shares of WagerLogic Malta Holdings Limited, a wholly-owned subsidiary of Amaya Gaming Group Inc. (TSX: AYA), for a cash purchase consideration of $70,000,000.

Name Change and Consolidation

Pursuant to a resolution passed by shareholders of Aumento at the Special Meeting of Shareholders on December 4, 2013, the Company consolidated its capital on the basis of 1 post-consolidation common share for every 20 pre-consolidation common shares. The name of the Company was also changed to "The Intertain Group Limited".

Private Placement - Brokered

Prior to completion of the QT, Goldstar completed a private placement offering of subscription receipts for total gross proceeds of $46,500,000. The subscription receipts issued under the private placement were exchanged into common shares of Goldstar, which were exchanged for common shares of Aumento pursuant to the Amalgamation.

Goldstar also completed a private placement offering of 17,500 convertible debenture subscription receipts for total gross proceeds of $17,500,000. Each convertible debenture subscription receipt issued under the private placements was exchanged into one Goldstar convertible debenture and 30 Goldstar warrants. The Goldstar convertible debentures and the Goldstar warrants were exchanged, respectively, for convertible debentures and warrants of Aumento pursuant to the Amalgamation.

Graduation

TSX Venture Exchange has been advised that Aumento's common shares will be listed and commence trading on Toronto Stock Exchange at the market opening on Tuesday, February 18, 2014, under the name "The Intertain Group Limited" with the symbol "IT".

As a result of this Graduation, there will be no further trading under the symbol "AQT.P" on the TSX Venture Exchange after Friday, February 14, 2014, and Aumento's common shares will be delisted from TSX Venture Exchange at the commencement of trading on Toronto Stock Exchange.

Please refer to the Original Listing bulletin issued by TSX and dated February 13, 2014 for further information on Aumento, and the Aumento's non-offering prospectus dated February 4, 2014, which is available on www.sedar.com, for details on Aumento's qualifying transaction.

________________________________________

THUNDERSTRUCK RESOURCES LTD. ("AWE.P")
BULLETIN TYPE: Notice - QT Not Completed - Approaching 24 Months of Listing
BULLETIN DATE: February 14, 2014
TSX Venture Tier 2 Company

The shares of the Company were listed on the TSX Venture Exchange on March 14, 2012.  The Company, which is classified as a Capital Pool Company ("CPC") is required to complete a Qualifying Transaction ("QT") within 24 months of its date of listing, in accordance with Exchange Policy 2.4.

The records of the Exchange indicate that the Company has not yet completed a QT.  If the Company fails to complete a QT by the 24-month anniversary date of March 14, 2014, the Company's trading status may be changed to a halt or suspension without further notice, in accordance with Exchange Policy 2.4, Section 14.6.

_____________________________

TIMES THREE WIRELESS INC. ("TTW")
BULLETIN TYPE:  Halt
BULLETIN DATE:  February 14, 2014
TSX Venture Tier 2 Company

Effective at 11:55 a.m., PST, February 14, 2014, trading in the shares of the Company was halted for failure to maintain a 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.

________________________________________

TRISTAR GOLD INC. ("TSG")
BULLETIN TYPE:  Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE:  February 14, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for expedited filing documentation of an Amendment Agreement dated February 4, 2014 between TriStar Gold Inc. (the "Issuer") and TriStar Servicos de Mineracao do Brasil Ltda. (the Issuer's Brazilian subsidiary) and Joao Americo Franca Vieira ("Americo") and Mineracao Vale de Esperanca Ltda (together, the "Vendor") which amends the original acquisition agreement dated October 23, 2010, as amended on November 19, 2013 regarding the Castelo de Sonhos property. Under the amending agreement, a payment of US$300,000 due on March 13, 2014 has been amended to three payments of US$100,000 payable in stages ending January 13, 2015.  The final payment in the amount of US$1,425,000 formerly due on September 13, 2014 has been increased by US$75,000 and is deferred until July 13, 2015. In addition, under the amending agreement, the Issuer has agreed to issue 1,000,000 shares of the Issuer to Americo.

________________________________________

TRUE GOLD MINING INC. ("TGM") ("TGM.WT")
BULLETIN TYPE:  Prospectus-Share Offering, New Listing-Warrants
BULLETIN DATE:  February 14, 2014
TSX Venture Tier 2 Company

Prospectus-Share Offering

Effective February 11, 2014, the Company's Short Form Prospectus (the 'Prospectus') dated February 11, 2014, was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the British Columbia and Ontario Securities Commissions, pursuant to the provisions of the British Columbia and Ontario Securities Acts.

The Prospectus was filed under Multilateral Instrument 11-102 Passport System in Alberta, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Yukon, Nunavut and Northwest Territories.  A receipt for the Prospectus is deemed to be issued by the regulator in this jurisdiction, if the conditions of the Instrument have been satisfied.

TSX Venture Exchange has been advised that closing of the prospectus offering (the 'Offering') will occur before the opening on February 18, 2014, for gross proceeds of $42,044,000.

Pursuant to the Offering, 105,110,000 common shares and 52,555,000 common share purchase warrants of the Company have been issued.

Please refer to the news releases issued by the Company on January 28, 2014 and February 14, 2014.

Underwriters:  RBC Dominion Securities Inc., BMO Nesbit Burns Inc., Haywood Securities
Inc., National Bank Financial Inc., Clarus Securities Inc., Scotia Capital Inc.,
Cormark Securities Inc., PI Financial Corp.
Offering:  105,110,000 shares and 52,555,000 share purchase warrants
Unit Price:  $0.40 per Unit
Underwriters' Fee:  The Underwriters received a cash commission equal to 6% of the gross
proceeds of the Offering.


New Listing-Warrants

Effective at the opening, Tuesday, February 18, 2014, the common share purchase warrants of True Gold Mining Inc. will commence trading on the TSX Venture Exchange.  True Gold Mining Inc. is classified as a Tier 2 'Junior Mining' company.

Corporate Jurisdiction:  British Columbia
Capitalization on Warrants:  Unlimited  warrants with no par value of which
  52,555,000  warrants are issued and outstanding
Warrant Trading Symbol:  TGM.WT
Warrant CUSIP Number:  89783T128


The warrants were issued to subscribers of the Offering. Each warrant entitles the holder to purchase one common share of True Gold Mining Inc. at a price of $0.47 per share and will expire 6 months following the closing of the Offering, on August 18, 2014.

________________________________________

VEGA MINING INC. ("VMI")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  February 14, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 25, 2013:

Number of Shares:  3,140,000 flow-through shares
Purchase Price:  $0.05 per share
Warrants:  3,140,000 share purchase warrants to purchase 3,140,000 shares
Warrant Exercise Price:  $0.10 for an eighteen month period
Number of Placees:  18 placees


Insider / Pro Group Participation:

  Insider=Y /  
Name  ProGroup=P  # of Shares
Archie Boyce  400,000
Aggregate Pro Group Involvement  400,000 
  [3 placees]    

Finder's Fee:  $5,000 and 100,000 NFT finder's units payable to Haywood Securities Inc.
  $1,500 and 30,000 NFT finder's units payable to EMD Financial Inc.


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.

________________________________________

WEST MELVILLE METALS INC. ("WMM")
BULLETIN TYPE:  Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE:  February 14, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation an Amendment Agreement dated May 10, 2013 between West Melville Metals Inc. (the "Company") and Roche Bay PLC (the "Optionor") whereby the parties have agreed to amend the Fraser Bay option agreement to extend the dates by which the first and second options must be exercised from September 30, 2013, to December 1, 2014, for the first option and from December 31, 2015, to April 15, 2017, for the second option. In consideration for granting the extensions, the Company will issue 200,000 shares to the Optionor.

________________________________________

NEX COMPANY:

RIFT BASIN RESOURCES CORP. ("RIF.H")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  February 14, 2014
NEX Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 29, 2013 and February 3, 2014:

Number of Shares:  10,000,000 shares
Purchase Price:  $0.05 per share
Warrants:  5,000,000 share purchase warrants to purchase 5,000,000 shares
Warrant Exercise Price:  $0.20 for a one year period. The warrants have an acceleration provisions
which entitles the Company to accelerate the expiry date of the warrants to
30 days if the closing price of the Company's shares has been equal to or
greater than $0.30 for any ten consecutive trading days after the hold
period has expired.
Number of Placees:  49 placees


Insider / Pro Group Participation:

  Insider=Y /  
Name  ProGroup=P  # of Shares
Otani Family Trust (Wayne Koshman)  1,000,000


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.

________________________________________

 

SOURCE TSX Venture Exchange

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Since 2008 and for the first time in history, more than half of humans live in urban areas, urging cities to become “smart.” Today, cities can leverage the wide availability of smartphones combined with new technologies such as Beacons or NFC to connect their urban furniture and environment to create citizen-first services that improve transportation, way-finding and information delivery. In her session at @ThingsExpo, Laetitia Gazel-Anthoine, CEO of Connecthings, will focus on successful use c...
Sensor-enabled things are becoming more commonplace, precursors to a larger and more complex framework that most consider the ultimate promise of the IoT: things connecting, interacting, sharing, storing, and over time perhaps learning and predicting based on habits, behaviors, location, preferences, purchases and more. In his session at @ThingsExpo, Tom Wesselman, Director of Communications Ecosystem Architecture at Plantronics, will examine the still nascent IoT as it is coalescing, includin...
The true value of the Internet of Things (IoT) lies not just in the data, but through the services that protect the data, perform the analysis and present findings in a usable way. With many IoT elements rooted in traditional IT components, Big Data and IoT isn’t just a play for enterprise. In fact, the IoT presents SMBs with the prospect of launching entirely new activities and exploring innovative areas. CompTIA research identifies several areas where IoT is expected to have the greatest impac...
Wearable devices have come of age. The primary applications of wearables so far have been "the Quantified Self" or the tracking of one's fitness and health status. We propose the evolution of wearables into social and emotional communication devices. Our BE(tm) sensor uses light to visualize the skin conductance response. Our sensors are very inexpensive and can be massively distributed to audiences or groups of any size, in order to gauge reactions to performances, video, or any kind of present...
SYS-CON Events announced today that GENBAND, a leading developer of real time communications software solutions, has been named “Silver Sponsor” of SYS-CON's WebRTC Summit, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. The GENBAND team will be on hand to demonstrate their newest product, Kandy. Kandy is a communications Platform-as-a-Service (PaaS) that enables companies to seamlessly integrate more human communications into their Web and mobile applicatio...
VictorOps is making on-call suck less with the only collaborative alert management platform on the market. With easy on-call scheduling management, a real-time incident timeline that gives you contextual relevance around your alerts and powerful reporting features that make post-mortems more effective, VictorOps helps your IT/DevOps team solve problems faster.
Skeuomorphism usually means retaining existing design cues in something new that doesn’t actually need them. However, the concept of skeuomorphism can be thought of as relating more broadly to applying existing patterns to new technologies that, in fact, cry out for new approaches. In his session at DevOps Summit, Gordon Haff, Senior Cloud Strategy Marketing and Evangelism Manager at Red Hat, will discuss why containers should be paired with new architectural practices such as microservices ra...
Roberto Medrano, Executive Vice President at SOA Software, had reached 30,000 page views on his home page - http://RobertoMedrano.SYS-CON.com/ - on the SYS-CON family of online magazines, which includes Cloud Computing Journal, Internet of Things Journal, Big Data Journal, and SOA World Magazine. He is a recognized executive in the information technology fields of SOA, internet security, governance, and compliance. He has extensive experience with both start-ups and large companies, having been ...
Companies today struggle to manage the types and volume of data their customers and employees generate and use every day. With billions of requests daily, operational consistency can be elusive. In his session at Big Data Expo, Dave McCrory, CTO at Basho Technologies, will explore how a distributed systems solution, such as NoSQL, can give organizations the consistency and availability necessary to succeed with on-demand data, offering high availability at massive scale.
From telemedicine to smart cars, digital homes and industrial monitoring, the explosive growth of IoT has created exciting new business opportunities for real time calls and messaging. In his session at @ThingsExpo, Ivelin Ivanov, CEO and Co-Founder of Telestax, shared some of the new revenue sources that IoT created for Restcomm – the open source telephony platform from Telestax. Ivelin Ivanov is a technology entrepreneur who founded Mobicents, an Open Source VoIP Platform, to help create, de...
The industrial software market has treated data with the mentality of “collect everything now, worry about how to use it later.” We now find ourselves buried in data, with the pervasive connectivity of the (Industrial) Internet of Things only piling on more numbers. There’s too much data and not enough information. In his session at @ThingsExpo, Bob Gates, Global Marketing Director, GE’s Intelligent Platforms business, to discuss how realizing the power of IoT, software developers are now focu...
Security can create serious friction for DevOps processes. We've come up with an approach to alleviate the friction and provide security value to DevOps teams. In her session at DevOps Summit, Shannon Lietz, Senior Manager of DevSecOps at Intuit, will discuss how DevSecOps got started and how it has evolved. Shannon Lietz has over two decades of experience pursuing next generation security solutions. She is currently the DevSecOps Leader for Intuit where she is responsible for setting and driv...
Operational Hadoop and the Lambda Architecture for Streaming Data Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing...
SYS-CON Events announced today that Vitria Technology, Inc. will exhibit at SYS-CON’s @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Vitria will showcase the company’s new IoT Analytics Platform through live demonstrations at booth #330. Vitria’s IoT Analytics Platform, fully integrated and powered by an operational intelligence engine, enables customers to rapidly build and operationalize advanced analytics to deliver timely business outcomes ...
Thanks to Docker, it becomes very easy to leverage containers to build, ship, and run any Linux application on any kind of infrastructure. Docker is particularly helpful for microservice architectures because their successful implementation relies on a fast, efficient deployment mechanism – which is precisely one of the features of Docker. Microservice architectures are therefore becoming more popular, and are increasingly seen as an interesting option even for smaller projects, instead of bein...