December 15, 2015 - 6:22 PM EST
Print Email Article Font Down Font Up
TSX Venture Exchange Daily Bulletins

TSX Venture Exchange Daily Bulletins

Canada NewsWire

VANCOUVER, Dec. 15, 2015 /CNW/ -

TSX VENTURE COMPANIES

ALHAMBRA RESOURCES LTD. ("ALH.H")
[formerly Alhambra Resources Ltd. ("ALH")]
BULLETIN TYPE:  Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 2 Company

In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company.  Therefore, effective at the opening on Wednesday, December 16, 2015, 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 Calgary to NEX.

As of December 16, 2015, 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 ALH to ALH.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 TSX Venture bulletin dated May 7, 2015, 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.

_______________________________________

BRIXTON METALS CORPORATION ("BBB")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing an Asset Purchase and Sale Agreement dated November 30, 2015 between Brixton Metals Corporation (the "Company") and Canagco Mining Corp., whereby the Company will acquire a 100% interest in the claims comprising the Langis silver mine located in the Cobalt silver mining camp of northeastern Ontario.  The Company will issue a total of 3,242,500 common shares and make a cash payment of $55,000.

________________________________________

CLEANTECH CAPITAL INC. ("YES.P")
BULLETIN TYPE:  Notice – QT Not Completed – Approaching 24 Months of Listing, Remain Halted
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 2 Company

The shares of the Company were listed on TSX Venture Exchange on January 14, 2014.  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 its 24-month anniversary date of January 14, 2016, 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.

________________________________________

EMPIRE ROCK MINERALS INC. ("EPR")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing regarding a mineral property option agreement (the "Option Agreement") dated  November 24, 2015 between the Company, and Bluenose Gold Corp. ("Bluenose") whereby the Company can acquire up to 80% right, title and interest in the Property subject to a 1.0% Net Smelter Royalty.

In order to acquire the Property, the Company must pay an aggregate of $20,000 in cash, issue an aggregate of 1,800,000 common shares in the Company and incur $400,000 in work expenditures over a 5 year period.

For further information, please see the Company's news release dated November 4, 2015.

________________________________________

EXCELSIOR MINING CORP. ("MIN")
BULLETIN TYPE:  Property-Asset or Share Disposition Agreement
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing a Subscription Agreement (the "Agreement"), dated  December 14, 2015 between Excelsior Mining Corp. (the "Company") and Greenstone Excelsior Holdings L.P. ("Greenstone") whereby the Company has granted to Greenstone a 2.0% gross revenue royalty (the "GRR") on the Company's Gunnison Project and the Johnson Camp Project, Arizona in consideration of US$7,990,000.

The transaction is non-arms length.

For further information, please see the Company's news releases dated October 8, 2015 and December 15, 2015.

________________________________________

EXCELSIOR MINING CORP. ("MIN")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement, Private Placement-Non-Brokered
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 1 Company

Acquisition

TSX Venture Exchange has accepted for filing an Asset Purchase Agreement (the "APA") dated October 7, 2015 between Excelsior Mining Corp. (the "Company") and Christopher G. Linscott (the "Receiver") and Excelsior Mining JCM Inc, a wholly owned Arizona subsidiary of the Company. Under the terms of the APA, the Company will acquire, through the Receiver, the Johnson Camp property (the "Property") including all fee title property, all patented and unpatented mining claims, all improvements, equipment, certificates of deposit, reports and records free and clear of all liens and all back-taxes. The Company will acquire the Property for total cash consideration of US$8,400,000 as follows:

  • US$5,200,000 due on or prior to closing
  • US$1,000,000 due on or before December 31, 2016, and
  • US2,200,000 due on or before December 31, 2017

The transaction is arm's length.

Private Placement

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 8, 2015:

Number of Shares:                                                             

23,081,362 shares





Purchase Price:                                                                 

$0.23 per share





Number of Placees:                                                            

1 Placee





Insider / Pro Group Participation:







Insider=Y /


Name                                                                                

ProGroup=P                                                                      

# of Shares

Greenstone Excelsior Holdings L.P.                                   

Y                                                                                          

23,081,362

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.

For further information, please see the Company's news releases dated October 8, 2015 and December 15, 2015.

________________________________________

EXTENWAY SOLUTIONS INC. ("EY")
BULLETIN TYPE:  Halt
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 2 Company

Effective at 10:30 a.m. PST, December 15, 2015, 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.

________________________________________

FLYING MONKEY CAPITAL CORP. ("FMK.P")
BULLETIN TYPE:  Halt
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 2 Company

Effective at 8:09 a.m. PST, December 15, 2015, 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.

________________________________________

GROUP TEN METALS INC. ("PGE")
BULLETIN TYPE:  Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a binding letter of intent dated August 28, 2015 (the "LOI") between the Company and Panarc Resources Ltd ("Panarc") and Eugene Spiering ("Spiering") whereby the Company can acquire a 100% interest in the Duke Island Property, Alaska (the "Property"). The Property comprises 31 mineral claims.

In order to acquire Property, the Company must issue an aggregate of 2,000,000 shares.  There is a net smelter royalty of 1% payable to Quaterra Resources Inc. ("Quaterra").

The transaction is a Non Arms-length transaction.

For further information, please see the Company's news release dated September 24, 2015.           

________________________________________

HUDSON RIVER MINERALS LTD. ("HRM.H")
[formerly Hudson River Minerals Ltd. ("HRM")]
BULLETIN TYPE:  Transfer and New Addition to NEX, Symbol Change, Remain Suspended
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 2 Company

In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company.  Therefore, effective at the opening on Wednesday, December 16, 2015, 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 Toronto to NEX.

As of December 16, 2015, 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 HRM to HRM.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 TSX Venture bulletin dated May 8, 2015, 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.

_______________________________________

ICONIC MINERALS LTD ("ICM")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a property option agreement (the "Agreement") between the Company and  Great Basin Oil, LLC (the "Vendor") whereby the Company can acquire a 100% interest in 303 placer mining claims that comprise 6,060 acres of a lithium property located in Nye County, Nevada (the "Property").

In order to acquire Property, the Company must pay an aggregate total of US$96,500 (CAD$131,240) in cash and incur US$1.3 million (CAD$1.76 million) over a 4 year period.  There is a 4.5% net smelter return payable to the Vendor or its designated assignees with respect to the Property, of which the Company shall have the right to buy back 1.5% from the Vendor within 90 days of the Property going into production for US$2,000,000 and an additional 1.5% of which the Company shall have the right to buy back from the Vendor within the 180 days of the Property going into production for US$4,000,000. In addition, a cash payment of US$1,000,000 is to be made to the Issuer by the Vendor upon the Property attaining commercial production.

The transaction is a Non Arms-length transaction.

For further information, please see the Company's news release dated December 9, 2015.

________________________________________

KANE BIOTECH INC. ("KNE")
BULLETIN TYPE:  Warrant Term Extension, Correction
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 2 Company

Further to our bulletin dated December 9, 2015, the bulletin should have read as follows:

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

Private Placement:

# of Warrants:                                                    

4,000,000

Original Expiry Date of Warrants:                         

December 18, 2015

New Expiry Date of Warrants:                               

June 18, 2017

Exercise Price of Warrants:                                  

$0.095

These warrants were issued pursuant to a private placement of a $500,000 convertible redeemable unsecured note with 4,000,000 share purchase warrants attached, which was accepted for filing by the Exchange effective December 20, 2013.

________________________________________

KLONDIKE SILVER CORP. ("KS")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 27, 2015:

Number of Shares:                                              

4,900,000 shares





Purchase Price:                                                  

$0.025 per share





Warrants:                                                            

4,900,000 share purchase warrants to purchase 4,900,000 shares





Warrant Initial Exercise Price:                              

$0.07





Warrant Term to Expiry:                                      

4 Years





Number of Placees:                                             

3 Placees





Insider / Pro Group Participation:




Insider=Y /


Name                                                                   

Pro-Group=P                                                                               

# of Shares

Faith Hughes                                                       

Y                                                                                                      

1,900,000

The Company issued a news release on November 16, 2015 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.

The above information is a summary only.  Neither TMX Group Limited nor any of its affiliated companies guarantee the accuracy or completeness of the information contained in this document.  Readers should consult the issuer's continuous disclosure record for complete details of the transaction.

________________________________________

MARGAUX RESOURCES LTD. ("MRL")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 30, 2015 and closed in two tranches, on November 6, 2015 and November 30, 2015:

Number of Securities:                                

1,250,000 common share units ("Units"). Each unit consists of one common share and one half of one share purchase warrant



Purchase Price:                                        

$0.20 per Unit



Warrants:                                                  

625,000 share purchase warrants



Warrant Exercise Price:                             

$0.30 for two years from closing



Number of Placees:                                   

3 Placees



Insider / Pro Group Participation:              

None



Finder's Fee:                                             

None

________________________________________

MINERAL HILL INDUSTRIES LTD. ("MHI")
BULLETIN TYPE:  Warrant Term Extension, Remain Halted
BULLETIN DATE:  December 15, 2015
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:                                                     

3,048,750

Original Expiry Date of Warrants:                          

December 14, 2015

New Expiry Date of Warrants:                               

December 14, 2016

Exercise Price of Warrants:                                  

$0.30

These warrants were issued pursuant to a private placement of  shares with  share purchase warrants attached, which was accepted for filing by the Exchange effective December 14, 2011.

________________________________________

NEW CAROLIN GOLD CORP. ("LAD")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 12, 2015 and December 11, 2015:

Number of Shares:                                         

3,007,380 Flow-through shares



1,792,620 Non Flow-through shares





Purchase Price:                                             

$0.05 per share





Warrants:                                                       

4,800,000 share purchase warrants to purchase 4,800,000 shares





Warrant Exercise Price:                                  

$0.07 for a two year period





Number of Placees:                                        

12 Placees





Insider / Pro Group Participation:







Insider=Y /


Name                                                              

ProGroup=P                                                                                               

# of Shares

D. Barry Lee                                                    

Y                                                                                                                        

107,380




Finder's Fee:                                                  

Chris Hilliard $17,313.10 cash payable.


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.]

________________________________________

NORTHQUEST LTD. ("NQ")
BULLETIN TYPE:  Halt
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 2 Company

Effective at 7:26 a.m. PST, December 15, 2015, 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.

________________________________________

NV GOLD CORPORATION ("NVX")
BULLETIN TYPE:  Remain Halted
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated November 30, 2015, trading in the shares of the Company will remain halted pending filing with the Exchange as per Policy 5.3.

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.

________________________________________

PINE CLIFF ENERGY LTD. ("PNE")("PNE.R")
BULLETIN TYPE:  Delist – Equity Subscription Receipts
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 2 Company

Effective at the close of business Tuesday, December 15, 2015, the subscription receipts (PNE.R) of Pine Cliff Energy Ltd. (the "Company") will be delisted from TSX Venture Exchange ("TSXV").

Further to the Company's prospectus offering (the "Offering") of 63,888,250 subscription receipts of the Company ("Subscription Receipts") at a price of $1.08 per Subscription Receipt (the "Offering Price"), which closed on November 27, 2015, the Corporation was able to satisfy the condition of closing the acquisition of certain oil, natural gas and related assets in Central Alberta as outlined in the Company's Prospectus dated November 23, 2015.  Accordingly, each Subscription Receipt will entitle the holder thereof to receive, without payment of additional consideration or further action on the part of the holder, one common share of the Company.

The common shares of the Company (PNE) shall remain listed for trading.

For further information refer to the news release of the Corporation dated December 11, 2015.

________________________________________

PINE CLIFF ENERGY LTD. ("PNE")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation pursuant to a purchase and sale agreement (the "Agreement") between Pine Cliff Energy Ltd. (the "Company") and an arms length party (the "Vendor") pursuant to which the Company will acquire certain mainly natural gas weighted assets in the Viking area of Central Alberta (the "Viking Assets") and Ghost Pine area of Central Alberta (the "Ghost Pine Assets" and collectively with the Viking Assets, the "Assets").  In consideration, the Company will pay a cash consideration of $185 million, prior to any closing adjustments.

Insider / Pro Group Participation:  None

For further information, please refer to the Company's press release dated December 11, 2015.

________________________________________

PLATINUM COMMUNICATIONS CORPORATION ("PCS")
BULLETIN TYPE:  Halt
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 2 Company

Effective at 5:08 a.m. PST, December 15, 2015, 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.

________________________________________

SELECT SANDS CORP. ("SNS")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 18, 2015:

Number of Shares:                          

2,712,500 shares



Purchase Price:                              

$0.40 per share



Warrants:                                        

2,712,500 share purchase warrants to purchase 2,712,500 shares



Warrant Exercise Price:                  

$0.60 for a three year period



Number of Placees:                         

4 Placees



Finder's Fee:                                   

Dundee Securities Ltd. receives $60,000 and 200,000 non-transferable warrants each exercisable for one share at a price of $0.40 per share for a three year period. 

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.]

________________________________________

SYLOGIST LTD. ("SYZ")
BULLETIN TYPE:  Declaration of Special Dividend
BULLETIN DATE:  December 14, 2015
TSX Venture Tier 1 Company

The Issuer has declared the following special dividend:

Dividend per Share:                               

$0.10

Payable Date:                                       

December 30, 2015

Record Date:                                        

December 23, 2015

Ex-dividend Date:                                  

December 21, 2015

________________________________________

SYNODON INC. ("SYD")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE: December 15, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 2, 2015:

Number of Securities:                                     

31,879,270 common share units ("Units").



Units are comprised of one Class A common share (the "Shares") and one



Share purchase warrant.





Purchase Price:                                             

$0.05 per Unit.





Warrants:                                                       

31,879,270 Share purchase warrants to purchase 31,879,270 Shares.





Warrant Exercise Price:                                 

$0.065 per Share until December 11, 2018.





Number of Placees:                                        

36 Placees





Insider / Pro Group Participation:




Insider=Y /


Name                                                             

ProGroup=P                                                                                                 

# of Units

John H.C. Pinsent                                           

Y                                                                                                                      

100,000

Aggregate Pro Group



Involvement  [3 Placees]                                

P                                                                                                                    

1,228,000




Finder's Fee:                                                 

$20,000 cash and 400,000 warrants ("Finder Warrants") payable to



Raymond James Ltd.



$6,700 cash and 134,000 Finder Warrants payable to PI Financial Corp.



$2,500 cash and 50,000 Finder Warrants payable to Haywood Securities Inc.



Each Finder Warrant is exercisable for one Share at a price of $0.065 per



Share until December 11, 2018.


________________________________________

TARANIS RESOURCES INC. ("TRO")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,065,800 shares to settle outstanding debt of $53,290.

Number of Creditors:                                 

3 Creditors









Insider / Pro Group Participation:











Insider=Y /    

         Amount

           Deemed Price


Creditor                                                   

Progroup=P  

           Owing

                  per Share

           # of Shares

John J. Gardiner & Associates, LLC          

Y                    

$29,526

$0.05

590,520

Glenn R. Yeadon Personal Law Corp.       

Y                   

$19,214

                                 "

384,280

The Company shall issue a news release when the shares are issued and the debt extinguished.

________________________________________

TRI ORIGIN EXPLORATION LTD. ("TOE")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 23, 2015:

Convertible Debenture:                                    

$300,000 principal amount





Conversion Price:                                            

Convertible into common shares at $0.05 of principal amount outstanding



per share until maturity.





Maturity date:                                                   

October 31, 2016





Interest rate:                                                    

8% per annum





Number of Placees:                                          

1 Placee





Insider / Pro Group Participation:







Insider=Y /


Name                                                              

ProGroup=P                                                                                           

# of Shares Issuable

Underock Inc. (Robert I. Valliant)                    

Y                                                                                                                                 

6,000,000

For further details, please refer to the Company's news release dated December 15, 2015.

________________________________________

UNITED HUNTER OIL & GAS CORP. ("UHO")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 220,690 common shares to settle outstanding debt for $16,000.

Number of Creditors:                                 

1 Creditor









Insider / Pro Group Participation:











Insider=Y /   

           Amount

            Deemed Price


Creditor                                                   

Progroup=P 

              Owing

                   per Share

            # of Shares






Timothy Turner                                        

Y                    

$16,000

$0.0725

220,690

The Company has issued a news release advising the shares have been issued and the debt being extinguished.

________________________________________

ZAIO CORPORATION ("ZAO")
BULLETIN TYPE:  Halt
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 2 Company

Effective at 7:19 a.m. PST, December 15, 2015, 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.

________________________________________

ZAIO CORPORATION ("ZAO")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  December 15, 2015
TSX Venture Tier 2 Company

Effective at 8:00 a.m., PST, December 15, 2015, shares of the Company resumed trading, an announcement having been made.

________________________________________

NEX COMPANIES

A.I.S. RESOURCES LIMITED ("AIS.H")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  December 15, 2015
NEX Company

TSX Venture Exchange has accepted for filing documentation with respect to the second and final tranche a Non-Brokered Private Placement announced January 7, 2015 and June 15, 2015:

Number of Shares:                          

1,237,500 shares



Purchase Price:                              

$0.10 per share



Warrants:                                        

1,237,500 share purchase warrants to purchase 1,237,500 shares



Warrant Exercise Price:                  

$0.14 for a two year period



Number of Placees:                         

3 Placees

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.

________________________________________

SOURCE TSX Venture Exchange

Market Information Services at 1-888-873-8392, or email: information@venture.comCopyright CNW Group 2015


Source: Canada Newswire (December 15, 2015 - 6:22 PM EST)

News by QuoteMedia
www.quotemedia.com

Legal Notice