ftp.cdnx.com/HistoricalVSE/Notices/199906/n19990607.txtNOTICE TYPE: Application for Release of Escrow Shares
NOTICE DATE: June 7, 1999
Filed during the week of May 31, 1999 to June 4, 1999:
Date Name of Company Date - Escrow Agr. # Escrow Shares
01 Petra Resources Corp.
("PET") July 7/98 144,000
04 Norwood Resources Ltd.
("NRS") Jan. 16/97 112,935
The above noted Escrow Releases have been filed with the Vancouver Stock
Exchange. The Releases will not become effective until such time as the
Exchange accepts the same for filing.
________________________________________
NOTICE TYPE: Incentive Stock Options
NOTICE DATE: June 7, 1999
The Vancouver Stock Exchange has accepted for filing, Incentive Stock Options
from the following Companies:
Total # Exercise Date Expiry
Company Of Shares Price Granted Date
(y/m/d) (y/m/d)
eDispatch.com Wireless Data Inc.
("EWD") 595,000 $0.90 99/05/28 04/05/28
Excellon Resources Inc.
("EXN") 35,000 0.55 99/05/21 04/05/21
+Hilton Petroleum Ltd.
("HTP") 75,000 2.00 99/05/26 02/05/26
+Hilton Petroleum Ltd.
("HTP") 400,000 1.92 99/05/20 02/05/25
+Hilton Petroleum Ltd.
("HTP") 173,000 2.00 99/05/20 02/05/25
International Water-Guard Industries Inc.
("IWG") 97,500 0.51 99/05/28 01/05/28
IntraCoastal System Engineering Corporation
("ISY") 129,000 0.80 99/05/19 01/05/19
Lake City Gaming Corp.
("LCG") 75,000 3.75 99/04/15 04/04/28
Player Petroleum Corporation
("PYP") 120,000 3.23 99/06/03 04/06/03
+Advanced Company
________________________________________
BLACKRUN MINERALS INC. ("BLM")
[formerly Blackrun Ventures Inc. ("BKV")]
NOTICE TYPE: Name Change and Consolidation
NOTICE DATE: June 7, 1999
Pursuant to a special resolution passed by shareholders February 19, 1999, the
Company has consolidated its capital on a 4 old for 1 new basis and has
subsequently increased its authorized capital. The name of the Company has
also been changed from Blackrun Ventures Inc. to Blackrun Minerals Inc.
Effective at the opening June 10, 1999, the common shares of Blackrun Minerals
Inc. will commence trading on the Vancouver Stock Exchange, and the common
shares of Blackrun Ventures Inc. will be delisted. The Company is classified
as a 'Venture' company.
Post - Consolidation
Capitalization: 100,000,000 shares with no par value of which
1,362,666 shares are issued and outstanding
Escrow: 4,896 shares
Section: 3
Transfer Agent: Montreal Trust Company
Trading Symbol: BLM (new)
CUSIP Number: 091919 20 9 (new)
________________________________________
BOULEVARD CAPITAL LTD. ("BVD")
NOTICE TYPE: Private Placement-Non-Brokered
NOTICE DATE: June 7, 1999
The Vancouver Stock Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced February 18, 1999:
Number of Shares: 800,000 shares
Purchase Price: $0.15 per share
Placees: David H. Robertson 600,000
Ken Bachman 50,000
Shirley Stasiuk 50,000
Roy Schemel 100,000
These securities have not yet been issued. The Company must issue a news
release when the private placement closes. In addition, the Company must issue
a news release if the private placement does not close promptly.
________________________________________
BOULEVARD CAPITAL LTD. ("BVD")
NOTICE TYPE: Shares for Debt
NOTICE DATE: June 7, 1999
The Vancouver Stock Exchange has accepted for filing the Company's proposal to
issue 2,906,184 shares at a deemed price of $0.15 per share to settle
outstanding debt as follows:
Creditor Price Shares Amount Owing
Victor Anysymiw $0.15 156,000 $23,400.00
Hi To Fisheries Ltd. 0.15 295,186 $44,277.90
McCullough O'Connor Irwin 0.15 39,466 $5,919.90
Randy Peaker 0.15 362,330 $54,349.50
*Randy Peaker 0.15 616,401 $92,460.15
*Rob Chikites 0.15 204,000 $30,600.00
*Earl Bennett 0.15 1,232,801 $184,920.15
*Shares to be issued into escrow in accordance with the Escrow Agreement filed
with the Exchange.
The Company shall issue a news release when the shares are issued and the debt
extinguished.
________________________________________
CALYPSO DEVELOPMENTS LTD. ("CYS")
NOTICE TYPE: Shares for Debt
NOTICE DATE: June 7, 1999
The Vancouver Stock Exchange has accepted for filing the Company's proposal to
issue 266,666 shares and 2,873,334 at a deemed price of $0.15 per share to
settle outstanding debt as follows:
Creditor Price Shares Amount Owing
Brazilia Holdings Ltd. (Jack Gill) $0.15 266,666 $39,999.90
Units*
Philip P. Brous $0.15 1,033,333 $154,999.95
Philip P. Brous, M.D., Inc. 0.15 516,667 $77,500.05
Michael S. Mayor 0.15 360,000 $54,000.00
Kenneth M. Sirocky 0.15 610,000 91,500.00
Robert W. Stevenson 0.15 166,667 25,000.05
Thirteen Ten Investment Company 0.15 186,667 28,000.05
*Each unit consists of one share and one non-transferable share purchase
warrant. Each warrant will entitle the holder to purchase an additional share
at a price of $0.15 in the first year and at a price of $0.18 per share in the
second year.
The Company shall issue a news release when the shares are issued and the debt
extinguished.
________________________________________
CANADIAN WESTERN BANK ("CWB")
NOTICE TYPE: Declaration of Dividend
NOTICE DATE: June 7, 1999
The Company has declared the following dividend:
Dividend per Common Share: $0.16
Payable Date: July 5, 1999
Record Date: June 15, 1999
Ex-Dividend Date: June 11, 1999
________________________________________
CEDUNA CAPITAL CORP.
NOTICE TYPE: Preliminary VCP
NOTICE DATE: June 7, 1999
The Company's Preliminary VCP Prospectus dated May 31, 1999 has been filed with
the Vancouver Stock Exchange, and filed with and receipted by the B.C.
Securities Commission on June 2, 1999, pursuant to the provisions of the B.C.
Securities Act. The Preliminary VCP Prospectus is for an offering as follows:
Agent: IPO Capital Corp.
Offering: 1,500,000 common shares
Share Price: $0.20
_______________________
CLAIMSTAKER RESOURCES LTD. ("CLN")
NOTICE TYPE: Private Placement-Non-Brokered
NOTICE DATE: June 7, 1999
The Vancouver Stock Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced January 26, 1999 and amended May
27, 1999:
Number of Shares: 1,125,000 shares
Purchase Price: $0.40 per share
Warrants: 1,125,000 non-transferable share purchase warrants to purchase
1,125,000 shares
Warrant Exercise Price: $0.50 for a one year period
Placees: Jipangu Inc. (Tamisuke Matsufuji) 750,000
Team Trading Enterprises
(Cindy & Wesley Casavant) 375,000
These securities have not yet been issued. The Company must issue a news
release when the private placement closes. In addition, the Company must 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.
________________________________________
COMPTEC INDUSTRIES LTD. ("CIL")
NOTICE TYPE: Private Placement-Brokered, Convertible Debenture/s
NOTICE DATE: June 7, 1999
The Vancouver Stock Exchange has accepted for filing documentation with respect
to a Brokered Private Placement announced April 22, 1999:
Convertible Debenture: US$3,045,000 (FIRST TRANCHE)
Conversion Price: The Debentures are convertible at any time at the option of
the holders in increments of US$1000 at a price equal to the US dollar
equivalent of CDN$1.95 per share. The Debentures may be redeemed by the Issuer
at face value plus accrued interest at any time after 24 months from the date
of issuance with 30 days advance notice to the registered holders provided that
the closing price of the Issuer's Shares is equal to or greater than CDN$2.93
for at least 20 consecutive trading days during the ninety-day period preceding
the notice of redemption.
Maturity date: June 30, 2004
Interest rate: 11% per annum, payable in US Dollars
Placees: David Ail US$36,000
103793 Alberta Ltd. US$20,000
Samuel and Sadie Ablest US$18,000
Euro-Kay Investments US$25,000
Tsai Tao Holdings Ltd. US$75,000
Robert Gingham US$35,000
Werner Gomorra US$66,000
Colin Leech-Porter US$30,000
263010 BC Ltd. US$20,000
Gam Global Asset Mgmt. US$20,000
Cayman Island Securities Ltd. US$2,500,000
Atrium International Ltd. US$200,000
Agent Global Securities Corporation
Finder's Fee: Upon closing of all trances for an aggregate placement of
US$6,250,000, the Agent will receive 7.6% cash commission plus a
non-transferable share purchase warrant entitling the Agent to purchase 409,769
common shares of the Company at a price of CD $1.95 for a period of two years
from the closing date.
These securities have not yet been issued. The Company must issue a news
release when the private placement closes. In addition, the Company must issue
a news release if the private placement does not close promptly.
________________________________________
CPT PEMBERTON TECHNOLOGIES LTD. ("PBT")
NOTICE TYPE: Halt
NOTICE DATE: June 7, 1999
Effective at 8:11 a.m. local time, June 7, 1999, trading in the shares of the
Company was halted at the request of the Company, pending an announcement.
________________________________________
FORAN MINING CORPORATION ("FOM")
NOTICE TYPE: Private Placement-Brokered
NOTICE DATE: June 7, 1999
The Vancouver Stock Exchange has accepted for filing documentation with respect
to a partially Brokered Private Placement announced March 1, 1999 and April 14,
1999 updated June 2, 1999:
Number of Shares: 2,235,333 shares (of which 1,321,333 are flow through)
Purchase Price: $0.75 per share
Warrants: Each non-flow-through unit comprises of one common share and one
non-transferable share purchase warrant exercisable at a price of $0.75 per
share if exercised within a one year period.
Each flow-through unit will be comprised of one flow-through share and
one-half share purchase warrant, one whole flow-through warrant being
exercisable to purchase one flow-through share at a price of $0.75 per share
for a one year period.
Placees: Top eleven placees (and 27 other placees):
Michael Audain 66,667
Don Cependa 66,667
Robert Elliott 66,667
Roger Getz 66,667
John Maguire 294,000
Robert MacRae 66,667
Major Drilling International Inc. 320,000
Craig Neeser 66,667
Carl Seaman 300,000
Terrance Sharp 80,000
Randy Sung 66,667
27 other placees: 774,664
Agent: Strand Securities Corporation
Commission: The Agent will receive a commission, on the flow-through portion
of this private placement (1,321,333 units), of 8%, payable in cash. In
addition, the Agent will receive Agents warrants (up to a maximum of 330,333)
entitling the Agent to purchase an additional common share of the Company at a
price of $0.75 per share for a period of one year.
These securities have not yet been issued. The Company must issue a news
release when the private placement closes. In addition, the Company must 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.
________________________________________
GOLDWATER RESOURCES LTD. ("GWR")
NOTICE TYPE: Issuance of Installment Shares
NOTICE DATE: June 7, 1999
Further to the VSE Notice dated February 26, 1999, the Vancouver Stock Exchange
has accepted for filing a geological report dated April of 1999 for the
issuance of 50,000 shares to 2973090 Canada Inc. (Glenn J. Mullan) in respect
of the Company's Remparts Prospects located in the Lac Rocher area of Quebec.
The Company holds a 100% interest in these claims, which were acquired pursuant
to the Letter Agreement dated February 5, 1999. This share issuance represents
the 2nd tranche.
________________________________________
GREAT BASIN GOLD LTD. ("GBG")
NOTICE TYPE: Escrow Release
NOTICE DATE: June 7, 1999
The Vancouver Stock Exchange has accepted a pro rata release of 50% from escrow
in the amount of 375,000 shares of the Company. There are now 375,000 shares
remaining in escrow. The escrow holders are 45501 BC Ltd.(Robert Hunter),
Robert Dickinson, Scott Cousens, David Copeland, Ronald Thiessen, and Jeffrey
Mason.
________________________________________
GREAT PANTHER INC. ("GPA")
NOTICE TYPE: Agreement
NOTICE DATE: June 7, 1999
The Vancouver Stock Exchange has accepted for filing an agreement dated May 13,
1999 between the Company and Richard Kavanagh whereby Richard Kavanagh will be
paid US$25,000 and 100,000 shares of the Company to settle an outstanding
lawsuit previously disclosed by the Company in its news release dated April 14,
1997.
________________________________________
INTERNATIONAL CANALASKA RESOURCES LTD. ("ICA")
NOTICE TYPE: Private Placement-Non-Brokered
NOTICE DATE: June 7, 1999
The Vancouver Stock Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced April 8, 1999:
Number of Shares: 660,000 non flow-through shares
Purchase Price: $0.15 per non flow-through share
Warrants: 660,000 non-transferable share purchase warrants to purchase 660,000
shares
Warrant Exercise Price: $0.15 for a one year period
$0.17 in the second year
Placee: Harry Barr 660,000
These securities have not yet been issued. The Company must issue a news
release when the private placement closes. In addition, the Company must issue
a news release if the private placement does not close promptly.
________________________________________
INTERNATIONAL CROESUS VENTURES CORP. ("ICU")
NOTICE TYPE: Private Placement-Non-Brokered
NOTICE DATE: June 7, 1999
The Vancouver Stock Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced April 8, 1999:
Number of Shares: 3,000,000 shares
Purchase Price: $0.15 per share
Warrants: 3,000,000 non-transferable share purchase warrants to purchase
3,000,000 shares
Warrant Exercise Price: $0.15 for a one year period
$0.17 in the second year
Placees: Patagonia Gold Corp. 1,600,000
Thibaud ari 700,000
Boavista Securities Ltd. 700,000
Finder's Fee: A finder's fee of 168,750 common shares (at a deemed price of
$0.20 per share) is payable to Gregory G. Crowe.
These securities have not yet been issued. The Company must issue a news
release when the private placement closes. In addition, the Company must issue
a news release if the private placement does not close promptly.
________________________________________
NORONT RESOURCES LTD. ("NOT")
NOTICE TYPE: Property-Asset Disposition
NOTICE DATE: June 7, 1999
The Vancouver Stock Exchange has accepted for filing an Option and
Joint-Venture Agreement between the Company and Adaco Resources Inc. (Alex
Gribben, Dennis Donnebey, Anthony Gaskin, William Riddel, Ivan Thornley-Hall
and John Brady) whereby the Company has granted an option to Adaco to acquire a
75% interest in 8 mineral claims in Lac de Gras, NWT. To earn 65%, Adaco has
agreed to pay Noront $50,000 in cash and/or issue to Noront common shares to
the value of $50,000 within 90 days and another $50,000 in cash and/or issue to
Noront common shares to the value of $50,000 within 12 months. Adaco has
agreed to spend the sum of $1,000,000 on exploration on the property within 3
years. To earn a further 15% interest, Adaco must incur an additional $500,000
in exploration expenses over a further 2 year period.
________________________________________
QUATERRA RESOURCES INC. ("QTA")
NOTICE TYPE: Private Placement-Brokered, Private Placement-Non-Brokered
NOTICE DATE: June 7, 1999
The Vancouver Stock Exchange has accepted for filing documentation with respect
to the first tranche of a Private Placement of 2,548,497 units announced April
13, 1999:
Number of Shares: 1,315,163 non-brokered (of which 492,832 are flow-through)
933,334 brokered (of which 466,667 are flow-through)
Purchase Price: $0.15 per share
Warrants: 2,248,497 shares non-transferable share purchase warrants to purchase
2,248,497 shares
Warrant Exercise Price: $0.15 for a one year period
$0.18 in the second year
Placees: Harvest Valley Services (Bruce Stubbs) 34,000 (17,000 f/t)
Jocelyn Cope 13,333 (6,666 f/t)
Grant Kuramoto 10,000 (5,000 f/t)
Mike Muzylowski 80,000 (40,000 f/t)
Baybak Family Partners Ltd. (Michael Baybak) 94,830
Yasmin Amarshi 30,000 (30,000 f/t)
Cheryl Patrick 5,000 (2,500 f/t)
Jack Seib 100,000 (50,000 f/t)
Larry Osachoff 333,333 (166,666 f/t)
Lowell Schmidt 50,000 (25,000 f/t)
Monte Chartrand 50,000 (25,000 f/t)
Halcorp Capital Ltd. (Michael Halvorson) 150,000 (75,000 f/t)
Huitt Tracey 66,666 (33,333 f/t)
Warren McLeod 66,666 (33,333 f/t)
Michael Glabush 66,666 (33,333 f/t)
George Donalson 66,666 (33,333 f/t)
Prairie Farm Developments (Barry Greer) 66,666 (33,333 f/t)
Gorvie Investments Ltd. (Gordon Parrott) 66,666 (33,333 f/t)
Catherine Seltzer 66,666 (33,333 f/t)
Thomas Romano 66,666 (33,333 f/t)
Paul Minichiello 66,666 (33,333 f/t)
439772 B.C. Ltd. (Wayne Crowe) 66,666 (33,333 f/t)
Leo Kossey 66,666 (33,333 f/t)
John Anderson 33,342 (16,671 f/t)
John Robins 66,666 (33,333 f/t)
John Robina 66,666 (33,333 f/t)
M. Perry Mills Construction Ltd. 100,000 (50,000 f/t)
Insiders: Robert Gayton 30,000 (15,000 f/t)
Thomas Patton 34,000
Robert Swenarchuk 100,000 (50,000 f/t)
Jeffrey Giesbrecht 34,000
Lawrence Page 166,667
Agents' Fee: Haywood Securities Inc. will receive a 7% commission and 140,000
Broker 'B' Warrants which are exercisable into common shares at $0.15 in the
first year and at $0.18 in the second year.
RBC Dominion Securities Inc. will receive a 7% finder's fee of $3,500.
Canaccord Capital Corporation will receive a 7% finder's fee of $1,050.
Yorkton Securities Inc. will receive a 7% finder's fee of $1,050.
These securities have not yet been issued, but there may be additional
conditions precedent to closing. The Company must issue a news release when the
private placement closes. In addition, the Company must issue a news release
if the private placement does not close promptly.
________________________________________
TREE BREWING COMPANY ("HOP")
NOTICE TYPE: Private Placement-Non-Brokered
NOTICE DATE: June 7, 1999
The Vancouver Stock Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced May 18, 1999:
Number of Shares: 320,000 shares
Purchase Price: $0.25 per share
Warrants: 320,000 non-transferable share purchase warrants to purchase 320,000
shares
Warrant Exercise Price: $0.35 for a one year period
$0.50 in the second year
Placees: Randy Jones 20,000
Colleen Dickson 20,000
Erik Von Krosigk 80,000
Nicholas J. Twyman 120,000
Hans Birker 20,000
Insiders: John Woods 40,000
Katherine Barr 20,000
These securities have not yet been issued. The Company must issue a news
release when the private placement closes. In addition, the Company must issue
a news release if the private placement does not close promptly.
________________________________________
VISIONARY MINING CORPORATION ("VIN")
NOTICE TYPE: Private Placement-Non-Brokered
NOTICE DATE: June 7, 1999
The Vancouver Stock Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced March 30, 1999:
Number of Shares: 1,750,000 special warrants
Purchase Price: $0.15 per special warrant
Description: Each special warrant is exchangeable, at no additional cost, into
one common share of the Company and one non-transferable share purchase
warrant. Each warrant entitles the holder to purchase an additional common
share of the Company at a price of $0.15 per share if exercised within the
first year and at a price of $0.175 per share if exercised within the second
year.
Placees: Top ten placees (and 12 other placees):
Chester Shynkaryk 220,000
Golden Capital Securities Ltd.
(ITF Sterling Securities Intl Ltd. (Chris Bonvini) 250,000
C.O.T.W. Holdings Ltd.
(Gerry Cook) 100,000
Rosstree Capital Corp. (Jack Ross) 100,000
Canfund Ventures Corp. (D. Johnson) 100,000
Golden Capital Securities Ltd.
(ITF Financial One Securities Ltd.(J. Rogerson) 100,000
Golden Capital Securities Ltd.
(ITF Gus Walroth RRSP) 100,000
Golden Capital Securities Ltd.
(ITF Harley Mayers RRSP) 100,000
Golden Capital Securities Ltd.
(ITF Jasson Aisenstat RRSP) 100,000
Golden Capital Securities Ltd.
(ITF Leo Wong RRSP) 100,000
12 other placees: 480,000
Agent's Fee: Golden Capital Securities Ltd. (the 'Agent') will be paid a
corporate finance fee of $9,000 and 150,000 warrants, each warrant entitles the
Agent to purchase a common share of the Company at $0.15 per share for a one
year period.
Goepel McDermid Inc. will receive a corporate finance fee of $4,000 and 50,000
warrants, each warrant entitles the Agent to purchase a common share of the
Company at $0.15 per share for a one year period.
These securities have not yet been issued. The Company must issue a news
release when the private placement closes. In addition, the Company must issue
a news release if the private placement does not close promptly.
________________________________________
WEST DYNAMIC TOLL ROAD LTD. ("WDT")
NOTICE TYPE: Escrow Transfer
NOTICE DATE: June 7, 1999
The Vancouver Stock Exchange has accepted the following transfer within escrow
of the Company.
From To # of Shares
Kirk MacKenzie West Dynamic International Ltd. 287,450
_______________________________________
WEST DYNAMIC TOLL ROAD LTD. ("WDT")
NOTICE TYPE: Escrow Release
NOTICE DATE: June 7, 1999
The Vancouver Stock Exchange has accepted a release from escrow of a total of
2,127,980 shares of the Company to the escrow holder, West Dynamic
International Limited. There are now 3,180,162 shares remaining in escrow.
_______________________________________
