(via TheNewswire)
Prior to completion of the Private Placement, the Acquiror held 100,000 common shares, which represented 0.07% of the outstanding common shares. After giving effect to the Private Placement, the Acquiror owns 28,100,000 common shares, which represents 15.18% of the outstanding common shares.
The common shares were acquired for investment purposes. In the future, the Acquiror may, subject to applicable law, acquire or dispose of securities of NTG depending upon a number of factors, including but not limited to general market and economic conditions and other available investment opportunities.
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