[ad_1]
VANCOUVER, BC, April 12, 2022 /CNW/ –
SOLID IMPACT INVESTMENTS CORP. (“SOLI.P“)
BULLETIN TYPE: Resume Trading
BULLETIN DATE: April 12, 2022
TSX Venture Tier 2 Company
Further to the bulletin dated April 8, 2022, effective at market open on April 14, 2022shares of the Company will resume trading. The Company completed its public offering of securities on April 122022. The gross proceeds received by the Company for the public offering was $300,000 (3,000,000 common shares at $0.10 per share).
For further information, please refer to the Company’s Prospectus dated January 132022.
________________________________________
ZINC ONE RESOURCES INC. (“EN”)
[formerly Zinc One Resources Inc. ("Z")]
BULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE: April 12, 2022
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 Thursday, April 14, 2022the 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 Vancouver to NEX.
As of April 14, 2022the 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 Z to ZH 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.
_______________________________________
SYLLA GOLD CORP. (“SYG”)
[formerly Sylla Gold Corp. ("SYG.H")]
BULLETIN TYPE: Graduation from NEX to TSX Venture, Symbol Change, Property-Asset or Share Purchase Agreement, Private Placement-Non-Brokered
BULLETIN DATE: April 12, 2022
NEX Company
Sylla Gold Corp. (the “Company”) has met the requirements to be listed as a TSX Venture Tier 2 Company. Therefore, effective at opening on April 14, 2022the Company’s listing will transfer from NEX to TSX Venture, the Company’s Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to Vancouver.
Effective at the opening, Thursday, April 14, 2022the trading symbol for the Company will change from SYG.H to SYG. The Company is classified as a ‘Mineral Exploration’ company.
TSX Venture Exchange has accepted for filing a non-arm’s length option agreement (the “Agreement”) dated September 15, 2021 between the Company, Niaouleni Gold Inc. (“Niaouleni”) and Niaouleni Gold Mali SARL (“Niaouleni SARL”), a wholly owned subsidiary of Niaouleni, pursuant to which the Company has been granted an option to acquire a 100% interest in the Niaouleni permit (the “Property”) in the Republic of Mali.
In order to exercise the option to acquire a 100% interest in the Property, the Company must pay an aggregate of $700,000 cash, issue 9,000,000 shares and accrue $1,380,000 in exploration expenditures over a 3 year period.
Upon exercise of the option, the Company has agreed to grant Niaouleni a 3% net smelter return royalty (the “Royalty”). The Company will have the right and option to purchase up to 2% of the Royalty in increments of 1% ( such that the remaining Royalty shall be reduced to a minimum of 1% of net smelter returns) for a price equal to $1,000,000 for each 1% of the Royalty.
Insider / Pro Group Participation:
Name Insider=Y / ProGroup=P # of Shares
Greg Isenor Y 4,500,000
CASH SHARES WORK EXPENDITURES
At closing $50,000 1,000,000 $Nil
Year 1 $50,000 1,000,000 $220,000
Year 2 $100,000 2,000,000 $460,000
Year 3 $500,000 5,000,000 $700,000
Capitalization: Unlimited common shares with no par value of which
42,985,914 common shares are issued and outstanding
Escrow: Nil common shares
Trading Symbol: SYG (Same with the .H removed)
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 27, 2021:
Number of Shares: 13,997,500 shares
Purchase Price: $0.20 per share
Warrants: 13,997,500 share purchase warrants to purchase 13,997,500 shares
Warrant Exercise Price: $0.32 for a two-year period
Number of Placees: 68 places
Insider / Pro Group Participation:
Name Insider=Y / ProGroup=P…
Full story available on Benzinga.com
[ad_2]
Source link
