Di Capo Acquires Securities of Gondwana Gold Inc.
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 03/27/13 -- Pasquale Di Capo, 130 King Street West, Suite 2210, Toronto, Ontario M5X 1E4, announces that on March 19, 2013, he acquired ownership of 2,500,000 common shares and indirectly acquired control of 250,000 common shares (together, the "Common Shares") of Gondwana Gold Inc. ("Gondwana"). The Common Shares were acquired in connection with the closing of the acquisition of Pan African Oil Ltd. by Gondwana on March 19, 2013 (the "Transaction") and represent approximately 4.72 per cent of the total issued and outstanding common shares of Gondwana.
As a result of the Transaction, Mr. Di Capo collectively owns and controls, directly and indirectly, an aggregate of 4.55 million common shares, including the Common Shares, as well as 2.96 million common share purchase warrants (the "Warrants"), each warrant entitling the holder to acquire one common share of Gondwana. Such securities represent approximately 7.80% of Gondwanda's issued and outstanding common shares (or approximately 12.26% on a partially diluted basis, assuming the exercise of only the Warrants).
These transactions were made for investment purposes, and Mr. Di Capo may, from time to time, dispose of or acquire additional securities of Gondwana depending on market conditions or any other relevant factors.
Contacts:
DSA Corporate Services Inc.
Shaun Drake
416-848-0101
416-848-0790 (FAX)
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Datum: 27.03.2013 - 16:45 Uhr
Sprache: Deutsch
News-ID 1211255
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