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TSX Venture Exchange Daily Bulletins

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SOURCE TSX Venture Exchange

VANCOUVER, Aug. 26, 2014 /CNW/ -

TSX VENTURE COMPANIES:

ACT AURORA CONTROL TECHNOLOGIES CORP. ("ACU")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  August 26, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to the second tranche of Non-Brokered Private Placement announced July 18, 2014:


Number of Shares:                    

1,020,000 shares





Purchase Price:                        

$0.37 per share





Warrants:                                 

510,000 share purchase warrants to purchase 510,000 shares





Warrant Exercise Price:            

$0.50 for an 18 month period





Number of Placees:                   

2 placees





Insider / Pro Group Participation:



Name

Insider=Y /
ProGroup=P

# of Shares

Aran Asset Management SA                              

Y

750,000



Finders' Fees:

Beruscha Capital s.r.o. (Brook Riggins). - $19,425 and 52,500 warrants that are exercisable into common shares at $0.50 per share for an 18 month period.




Euro Pacific Canada Inc. - $6,993 and 18,900 warrants that are exercisable into common shares at $0.50 per share for an 18 month 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.

________________________________________

ATHABASCA MINERALS INC. ("ABM")
BULLETIN TYPE:  Halt
BULLETIN DATE:  August 26, 2014
TSX Venture Tier 2 Company

Effective at 8:29 a.m., PST, August 26, 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.

________________________________________

ATHABASCA MINERALS INC. ("ABM")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  August 26, 2014
TSX Venture Tier 2 Company

Effective at 12:30 p.m., PST, August 26, 2014, shares of the Company resumed trading, an announcement having been made.

________________________________________

BRIONOR RESOURCES INC. ("BNR")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE: August 26, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement announced July 15, 2014:


Number of Shares:

12,500,000 common shares







Purchase Price:

$0.02 per common share







Number of Placees:

19 placees







Insider / Pro Group Participation:




Name

Insider = Y /
Pro Group = P

Number of Shares

Thorsen-Fordyce Merchant Capital Inc. (Lewis Lawrick)

Y

1,707,325


Brian Gavin

Y

500,000


Errol Farr

Y

500,000


Aggregate Pro-Group Involvement

P

1,250,000







[2 placees]









The Company has confirmed the closing of the Private Placement pursuant to news release dated August 15, 2014.

RESSOURCES BRIONOR INC. (« BNR »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 26 août 2014
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier tel qu'annoncé le 15 juillet 2014 :


Nombre d'actions :                    

12 500 000 actions ordinaires



Prix :                                       

0,02 $ par action ordinaire



Nombre de souscripteurs :         

19 souscripteurs



Participation Initié / Groupe Pro :


Nom

Initié = Y /

Groupe Pro = P

Nombre d'actions

Thorsen-Fordyce Merchant Capital Inc. (Lewis Lawrick)

Y

1 707 325

Brian Gavin

Y

500 000

Errol Farr

Y

500 000

Participation totale des membres du Groupe Pro [2 souscripteurs]

P

1 250 000




La société a confirmé la clôture du placement privé en vertu d'un communiqué de presse daté du 15 août 2014.

________________________________________

BSM TECHNOLOGIES INC. ("GPS")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  August 26, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation pursuant to a Share Purchase Agreement dated August 8, 2014 (the "Agreement"), between the Company and three arm's length parties (the "Vendors).  As per terms of the Agreement, the Company has agreed to acquire all the issued and outstanding shares of Praxis Transportation Solutions Inc. ("Praxis"), a private company, located in Edmonton, Alberta, engaged in the business of providing advisory services relating to commercial vehicles and commercial driver safety compliance. In consideration, the Company will pay up to an aggregate of $3,275,000 to the Vendors, comprised of: (i) $300,000 payable in cash on the date of closing; (ii) up to $1,975,000 payable in cash as deferred contingent consideration (the "Deferred Payment"), based upon successfully securing a long-term contract with a Class I railroad customer (the "Contract) and determined by the term length and annualized revenue generated by the Contract; and (iii) the issuance of up to 500,000 common shares of the Company ("Shares") at a deemed price equal to the August 8, 2014 closing price of $2.00 per Share (the "Earn-out Payments").  The Earn-out Payments will be placed in escrow pursuant to a voluntary escrow agreement and will be released over a period of six years from closing (the "Earn-out Period") provided Praxis meets certain driver compliance revenue targets (the "Targets") under the Agreement.  An Earn-out Payment can only be achieved once and must be completed within the Earn-out Period. If the Targets are not met, the Shares associated with an Earn-out Payment are forfeited. If the Contract is not awarded, the right to the Deferred Payment is forfeited.

Insider / Pro Group Participation: None

For further information, please see the Company's press release dated August 11, 2014.

________________________________________

CANADA CARBON INC. ("CCB")
BULLETIN TYPE:  Halt
BULLETIN DATE:  August 26, 2014
TSX Venture Tier 1 Company

Effective at 6:45 a.m., PST, August 26, 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.

________________________________________

CYMAT TECHNOLOGIES LTD. ("CYM")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  August 26, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 20, 2014:


Convertible Debenture                

$1,615,000



Conversion Price                       

Convertible into common shares at $0.20 of principal outstanding per share until maturity



Maturity Date                            

June 30, 2017



Warrants                                  

8,075,000 share purchase warrants attached to purchase 8,075,000 shares



Warrant Exercise Price             

$0.25 for a three year period



Interest Rate                             

12% per annum





Number of Placees:                   

15 placees



Insider / Pro Group Participation:



Insider=Y /
ProGroup=P


Amount

Name

Liikfam Holdings Inc. (Michael Liik)

Y

$230,000




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.

________________________________________

EMERALD BAY ENERGY INC. ("EBY")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  August 26, 2014
TSX Venture Tier 2 Company

TRANCHE 2 CLOSING

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 25, 2014:


Number of Units:

11,175,000 units ("Units")


Each Unit consists of one common share and one common share purchase warrant ("Warrant").



Purchase Price: 

$0.05 per Unit



Warrants:

11,175,000 share purchase warrants to purchase 11,175,000 shares



Warrant Exercise Price:

$0.05 for a period of 12 month from the date of issuance, the Warrants are subject to an acceleration clause as outline in the Company's press release dated June 25, 2014.



Number of Placees:

11 placees



Insider / Pro Group Participation:



Insider=Y /
ProGroup=P /

# of Units

Name 

Michael Rice

Y

1,625,000



Finder's Fee:

$13,125 cash and 262,500 non-transferrable options ("Finder's Options") payable to Dundee Capital Markets.




$32,750 cash and 655,000 Finder's Options payable to CIBC Wood Gundy.



Each Finder's Option entitles the holder to purchase Unit at a price of $0.05 per Unit for a period of 12 month from the date of issuance.

________________________________________

GRENVILLE GOLD CORP. ("GVG")
BULLETIN TYPE:  Halt
BULLETIN DATE:  August 26, 2014
TSX Venture Tier 2 Company

Effective at 8:57 a.m., PST, August 26, 2014, trading in the shares of the Company was halted for failure to maintain Exchange Requirements.  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.

________________________________________

IMMUNOVACCINE INC. ("IMV")
BULLETIN TYPE:  Halt
BULLETIN DATE:  August 26, 2014
TSX Venture Tier 1 Company

Effective at 5:00 a.m., PST, August 26, 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.

________________________________________

IMMUNOVACCINE INC. ("IMV")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  August 26, 2014
TSX Venture Tier 1 Company

Effective at 11:45 a.m., PST, August 26, 2014, shares of the Company resumed trading, an announcement having been made.

________________________________________

IMPERIAL EQUITIES INC. ("IEI")
BULLETIN TYPE:  Declaration of Dividend
BULLETIN DATE:  August 26, 2014
TSX Venture Tier 2 Company

The Issuer has declared the following dividend(s):

Dividend per Class A Common Share:

$0.025

Payable Date:

September 29, 2014

Record Date: 

September 15, 2014

Ex-Dividend Date:

September 11, 2014



________________________________________

LORRAINE COPPER CORP. ("LLC")
BULLETIN TYPE:  Halt
BULLETIN DATE:  August 26, 2014
TSX Venture Tier 2 Company

Effective at 7:46 a.m., PST, August 26, 2014, 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.

________________________________________

LORRAINE COPPER CORP. ("LLC")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  August 26, 2014
TSX Venture Tier 2 Company

Effective at 10:00 a.m., PST, August 26, 2014, shares of the Company resumed trading, an announcement having been made.

________________________________________

NANOTECH SECURITY CORP. ("NTS")
BULLETIN TYPE:  Halt
BULLETIN DATE:  August 26, 2014
TSX Venture Tier 1 Company

Effective at 5:00 a.m., PST, August 26, 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.

________________________________________

NANOTECH SECURITY CORP. ("NTS")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  August 26, 2014
TSX Venture Tier 1 Company

Effective at 12:00 p.m., PST, August 26, 2014, shares of the Company resumed trading, an announcement having been made.

________________________________________

NEXGEN ENERGY LTD. ("NXE") ("NXE.WT")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  August 26, 2014
TSX Venture Tier 2 Company

Effective at 8:15 a.m., PST, August 26, 2014, shares of the Company resumed trading, an announcement having been made.

________________________________________

PUMA EXPLORATION INC. ("PUM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 26, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation relating to an arm's-length option agreement dated July 15, 2014, in connection with the Company's acquisition of 100% interest in the Connors and Pabineau property located in northern New Brunswick.

The consideration payable by the Company consists of 375,000 common shares of the Company as well as $50,000 for field work requirements. In addition, a pre-royalty payment of $10,000 will be made to the vendor on the 5th and 10th anniversary.

The Vendor will retain a 2% net smelter return (NSR) in the Property half of which may be repurchased for the sum of $1,000,000.  The remaining half may be repurchased for a sum of $2,000,000.

For further information, please refer to the Company's press release dated August 12, 2014.

EXPLORATION PUMA INC. (« PUM »)
TYPE DE BULLETIN : Convention d'achat de propriété
DATE DU BULLETIN : 26 août 2014
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt de documents en vertu d'une convention auprès d'une personne sans lien de dépendance datée du 15 juillet 2014 selon laquelle la société a acquis un intérêt de 100 % dans la propriété de « Connors et Pabineau » située dans le nord de Nouveau-Brunswick.

La considération payable par la société consiste en l'émission de 375 000 actions ordinaires ainsi une obligation de travaux de 50 000 $. Ainsi un pré-paiement de redevance de 10 000 $ dollars sera versée au vendeur au 5ème et au 10ème anniversaire.

Le vendeur conservera une royauté dans la propriété de 2 %, la moitié duquel peut être rachetée par la société pour une somme de 1 000 000 $. La deuxième moitié peut être rachetée pour une somme de 2 000 000 $.

Pour de plus amples renseignements, veuillez consulter le communiqué de presse émis par la société le 12 août 2014.

________________________________

RATHDOWNEY RESOURCES LTD. ("RTH")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  August 26, 2014
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 12, 2014:


Number of Shares: 

27,840,000 shares





Purchase Price:

$0.25 per share





Number of Placees:

16 placees





Insider / Pro Group Participation:




Insider=Y /


Name

ProGroup=P                                  

# of Shares

Geologic Resource Opportunities Fund LP 

Y                                                         

444,000

Geologic Resource Fund LP

Y                                                       

7,192,800

Geologic Resource Opportunities Fund Ltd.

Y                                                       

9,102,000

Geologic Resource Fund Ltd.

Y                                                       

5,461,200

Lena K. Brommeland

Y                                                         

120,000

David J. Copeland 

Y                                                         

100,000

Robert L. Konski

Y                                                         

240,000

Finder's Fee:

$278,000 is payable to Reach Capital Partners LLP



$18,000 is payable to BC Research BVBA Antwerpen



$35,100 is payable to Vandamme Invest BVBA





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.

________________________________________

SACCHARUM ENERGY CORP. ("SHM")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  August 26, 2014
TSX Venture Tier 2 Company

Further to the Company's news release dated August 1, 2014, the Company has terminated its proposed Reveres Takeover with Oil Reserve Inc.

Effective at the opening, Wednesday, August 27, 2014, shares of the Company will resume trading.

________________________________________

SAGE GOLD INC. ("SGX")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  August 26, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 11, 2014 and August 21, 2014:

Number of Shares:

249,995 shares



Purchase Price:

$0.30 per share



Warrants:

249,995 share purchase warrants to purchase 249,995 shares



Warrant Exercise Price:

$0.45 for a two year period



Number of Placees:

11 placees



Insider / Pro Group Participation:







Insider=Y /


Name                                                              

ProGroup=P                                  

# of Shares

PJ Mars Investments Ltd. (Peter Mars)               

Y                                                           

33,333

Nigel Lees                                                        

Y                                                           

40,000

Sandy Chim                                                     

Y                                                           

33,333

058907 NB Ltd. (Gary Robertson)                       

Y                                                           

25,000

Peter Freeman                                                  

Y                                                           

16,667

William Love                                                     

Y                                                           

16,667




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.

________________________________________

SMART EMPLOYEE BENEFITS INC. ("SEB")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  August 26, 2014
TSX Venture Tier 2 Company

Effective at 6:30 a.m., PST, August 26, 2014, shares of the Company resumed trading, an announcement having been made.

________________________________________

VIRTUTONE NETWORKS INC. ("VFX")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement, Amendment
BULLETIN DATE:  August 26, 2014
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange Bulletin dated August 22, 2014, the Exchange has accepted the following amendment to the transaction:

Pursuant to the terms of the Agreement, the Company will issue 1,000,000 shares of the Company ("Shares") to e-Free at a deemed price of $0.26 per Share.

The remainder of the bulletin remains unchanged.

________________________________________

YANGAROO INC. ("YOO")
BULLETIN TYPE:  Private Placement-Brokered
BULLETIN DATE:  August 26, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced June 25, 2014:

Number of Shares:                    

1,000,000 shares



Purchase Price:                        

$0.30 per share



Number of Placees:                   

1 placee



Agent's Fee:                             

$21,000 in cash and 70,000 broker warrants payable to Global Maxfin Capital Inc.  Each broker warrant entitles the holder to acquire one common share at $0.30 for a two year period.



For further details, please refer to the Company's news release dated August 26, 2014.

________________________________________

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