Hermine Wekerle Acquires Securities of Difference Capital Funding Inc.
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 10/09/12 -- Hermine Wekerle, directly and indirectly, has acquired on October 3, 2012 and October 4, 2012 by private placement 27,142,855 special warrants of Difference Capital Funding Inc. (TSX VENTURE: DCF) ("Difference Capital") at a price of CDN$0.35 per special warrant.
Each Special Warrant is exercisable into a unit comprised of one common share and one-half of one common share purchase warrant.
As a result of this acquisition, Mrs. Wekerle now owns, directly and indirectly, 44,464,282 common shares on a fully diluted basis, representing approximately 18.20% of the total outstanding shares of Difference Capital.
Mrs. Wekerle acquired the special warrants for investment purposes. Mrs. Wekerle may in the future take such actions in respect of her holdings as deemed appropriate in light of the circumstances then existing, including the purchase of additional securities of Difference Capital through open market purchases or privately negotiated transactions, or the sale of all or a portion of her holdings in the open market or in privately negotiated transactions to one or more purchasers.
The parties relied on the accredited investor exemption available under section 2.3 of National Instrument 45-106 - Prospectus Exempt Distributions.
Contacts:
Hermine Wekerle
416 649 5085
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Datum: 09.10.2012 - 15:04 Uhr
Sprache: Deutsch
News-ID 1158597
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Venture Capital
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