(via TheNewswire)
On
This transaction represents an increase of 17% in the Acquiror’s securityholding percentage in the issued and outstanding Common Shares of the Issuer, or an increase of 29.06% in the Acquiror’s securityholding percentage of the deemed outstanding shares of the Issuer assuming exercise of the warrants held by the Acquiror.
Prior to the transaction, the Acquiror owned or controlled 24,965,667 Common Shares of the Issuer representing 44.14% of the issued and outstanding Common Shares based on a total of 56,569,407 Common Shares outstanding as of
Subsequent to the transaction, the Acquiror owned or controlled 37,165,667 Common Shares of the Issuer representing 51.79% of the issued and outstanding Common Shares based on a total of 71,769,407 Common Shares outstanding as of
The Acquiror acquired 12,200,000 units at a price of
The Acquiror has acquired the units for investment purposes and in accordance with applicable securities laws. The Acquiror may, from time to time, acquire additional common shares and/or other equity, debt or other securities or instruments (collectively, “Securities”) of the Issuer in the open market or otherwise, and reserves the right, subject to applicable securities law, to dispose of any or all of its Securities in the open market or otherwise at any time and from time to time, and to engage in similar transactions with respect to the Securities, the whole depending on market conditions, the business and prospects of the Issuer and other relevant factors.
A copy of the early warning report dated
For additional information, contact:
President and COO
778 819 2709
Copyright (c) 2022 TheNewswire - All rights reserved.
Copyright (c) 2022 TheNewswire - All rights reserved., source