Gardiner Roberts LLP Announces Acquisition of 1,396,958 Units of Genesis Worldwide Inc.
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 04/25/12 -- Gardiner Roberts LLP ("GR") announces that Genesis Worldwide Inc. ("Genesis" or the "Company") (NEX: GWW.H) has issued to GR 1,396,958 units ("Units") of Genesis in a private transaction. Each Unit consists of one common share (a "Common Share") of Genesis and one Common Share purchase warrant (a "Warrant") of Genesis. Each Warrant entitles the holder to acquire one Common Share at an exercise price of $0.11 at any time on or prior to April 24, 2013. The Units were issued at a deemed issue price of $0.0825 per Unit.
Following the issuance of the Units, on a partially-diluted basis, assuming only the conversion of the Warrants, GR beneficially owns 2,793,916 Common Shares of Genesis, representing approximately 15.01% of the issued and outstanding Common Shares of Genesis (on such partially-diluted basis).
The acquisition of the Units by GR was made for investment purposes. GR may in the future increase or decrease its ownership of securities of Genesis from time to time depending on such factors as the business and prospects of Genesis and future market conditions.
Contacts:
Gardiner Roberts LLP
Paul Stoyan
Chairman
Scotia Plaza, 40 King Street West, Suite 3100
Toronto, ON M5H 3Y2
(416) 865-6611
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 25.04.2012 - 14:15 Uhr
Sprache: Deutsch
News-ID 1107270
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
TORONTO, ONTARIO
Phone:
Kategorie:
Networking
Anmerkungen:
Diese Pressemitteilung wurde bisher 85 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Gardiner Roberts LLP Announces Acquisition of 1,396,958 Units of Genesis Worldwide Inc.
"
steht unter der journalistisch-redaktionellen Verantwortung von
Gardiner Roberts LLP (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
