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Vancouver, British Columbia, January 18, 2022 /CNW/- Toronto Stock Exchange Startups
KP3993 Resources Corporation (“KPEN.P”)
Announcement Type: Resumption of Trading
Announcement date: January 18, 2022
TSX Ventures Tier 2
Following the announcement date January 13, 2022, Valid at market opening Thursday, January 20, 2022, the company’s stock resumption.Company completes initial public offering of securities January 17, 2022. The total amount of funds raised by the company’s initial public offering is $250,000 (2,500,000 ordinary shares $0.10 per share).
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RE ROYALTIES LTD. (“Reply“)
Announcement Type: Dividend Statement
Announcement date: January 18, 2022
TSX Startup Level 1 company
The issuer has declared the following dividends
Dividend per common share: $0.01
Payment Date: February 23, 2022
Date of record: February 2, 2022
Ex-dividend date: February 1, 2022
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SPORTSCENE GROUP INC. (“SPS.A“)
Announcement Type: delisting
Announcement date: January 18, 2022
TSX Venture Tier 1 Company
Following the publication of Sportscene Group Inc. (the “Company”) as of November 18, 2021, January 12, 2022, and January 17, 2022, the Company’s Class A shares (“Shares”) will be delisted from the TSX Venture Exchange valid for closing time Wednesday, January 19, 2022.
The delisting of the company’s stock is due to the completion of a privatization transaction with two subsidiaries of 13401537 Canada Inc., a financial company controlled by a consortium of investors led by Sportscene President and CEO Jean Bédard and Champlain, including Fondaction, Société Financière Bourgie and Horizon Capital Holdings Inc. As a result of the merger, each shareholder of Sportscene, with the exception of Jean Bédard and Gestion Jean Bédard Inc., received one redeemable preferred share of the combined company for each share of the company held prior to the merger, with each share being redeemable. Redemption of preferred stock is made with a cash payment of $7.25.
The merger was approved by the shareholders of the company in 2018 January 12, 2022.
For more information, please refer to the Company’s Management Information Circular dated December 13, 2021, which is available on SEDAR.
GROUPE SPORTSCENE INC. (« SPS.A »)
Communication Type: delisting
Announcement Date: January 18, 2022
TSX Venture Group 1 company
Following press releases issued by Groupe Sportscene Inc. (the “Company”) on November 18 and January 12, 2021 2022 and On January 17, 2022, the Company’s Class A shares (“Shares”) will be delisted from the TSX Venture Exchange. Close the business Wednesday, January 19, 2022.
The delisting of the company’s common stock is due to a going-private transaction completed through the merger of two subsidiaries of 13401537 Canada Inc., led by Sportscene President and CEO Jean Bédard and a consortium of Quebec investors.by financial companies Champlain, including in particular Fondaction, Société Financière Bourgie and Gestion Horizon Capital Inc. As part of the merger, in addition to Jean Bédard and Gestion Jean Bédard inc., Sportscene shareholders received redeemable preferred shares of the company from the merger. Shares of the company they held prior to the merger, each such redeemable preferred share has been redeemed at $7.25 per share in cash.
The merger was approved by the company’s shareholders at a special meeting held on January 12, 2022.
For more information, please refer to the Corporate Management Information Circular dated 13 December 2021 on SEDAR.
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Transcontinental Gold Corporation (“TCG.P”)
Announcement Type: Resumption of Trading
Announcement date: January 18, 2022
TSX Ventures Tier 2
Following the TSX Venture Exchange announcement date September 27, 2019 and Transcontinental Gold Corp. (the “Company”) on June 1, 2021, effective upon opening, Thursday, January 20, 2022, Trading in the company’s securities will resume.
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New company:
Hongyan Capital Corporation (“RCC.H”)
Announcement Type: Merger
Announcement date: January 18, 2022
NEX company
According to the directors of the company December 21, 2021, the company has consolidated its capital on a (2.75) old (1) new basis.Company name has no been changed.
effective upon opening, Thursday, January 20, 2022, Shares of Red Rock Capital Corp. will begin trading on a consolidated basis. This company is classified as a “Capital Pool Company” company.
After the merger
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capital: |
Unlimited shares with no par value |
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22,520,366 shares issued and outstanding |
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escrow |
1,053,090 shares to be escrow |
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Transfer Agent: |
Toronto Stock Exchange Trust Company |
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Trading symbols: |
Roller Compacted Concrete.H (constant) |
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CUSIP number: |
75700U207 (new) |
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22/01/18 – TSX Venture Exchange Announcement
Toronto Stock Exchange Startups
American Express Exploration (“AMX“)
Announcement Type: Paused
Announcement date: January 18, 2022
TSX Ventures 2 companies
valid for 12:24 PM PST, January 17, 2022, the company’s shares are suspended from trading
At the request of the company’s pending news; this regulatory suspension was imposed by the investment industry watchdog group Canada, the Exchange Market Regulator in accordance with Article 10.9(1) of the General Market Integrity Rules.
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American Express Exploration (“AMX“)
Announcement Type: Resumption of Trading
Announcement date: January 18, 2022
TSX Ventures 2 companies
From 12:00 noon on January 18, 2022, PST, the company’s stock will resume trading and an announcement has been issued.
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mixed silver company (“Bag“)
Announcement Type: Private placement – non-brokerage
Announcement date: January 18, 2022
TSX Startup Level 2 company
TSX Venture Exchange accepts filings for announced non-brokered private placement November 19, 2021:
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Number of shares: |
6,000,000 outstanding shares |
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2,512,500 non-tradable shares |
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price: |
$0.10 per outstanding share |
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$0.08 per non-tradable share |
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Warrants: |
8,512,500 call warrants to subscribe for 8,512,500 shares |
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Warrant exercise price: |
$0.20 for four years |
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Placement number: |
11 |
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Insider/Professional Group Involvement: |
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Insider = Y / |
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name |
Professional group =P |
number of shares |
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Pavilion Flow-Through LP (2021) |
Yes |
6,000,000 |
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Finder fee: |
Haywood Securities – $630.00 and 7,875 broker warrants exercisable as common stock at $0.20 per share over a 48-month period. |
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Accilent Capital Management – $42,000.00 and 420,000 broker warrants exercisable as common stock at $0.20 per share over 48 months. |
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A Private Wealth Inc. – $9,800.00 and 122,500 broker warrants exercisable as common shares at $0.20 per share over 48 months. |
Pursuant to Section 1.9(e) of the Company’s Financial Policy 4.1, the Company issued a date on December 29, 2021 and January 17, 2022 Announcing the closure…
The full story is available on Benzinga.com
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