Avante Logixx Inc. Announces Increased Holdings by co-CEO
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 08/20/13 -- Avante Logixx Inc. (the "Corporation") (TSX VENTURE: XX) announced today that co-CEO George Rossolatos acquired an additional 586,000 common shares (the "Common Shares") in the capital of the Corporation between April 1 and July 31, 2013, at prices ranging from $0.08 to $0.145 per share. The Common Shares were purchased through the facilities of the TSX Venture Exchange. After giving effect to these purchases, Mr. Rossolatos owns or has control over of 6,000,343 Common Shares in the capital of the Corporation, representing approximately 10.73% of the issued and outstanding Common Shares of Corporation not including unexercised options. Mr. Rossolatos is the beneficial owner of 4,000,343 Common Shares and has a 50% interest in GeoMan I Partnership which is the beneficial owner of 4,000,000 Common Shares. Mr. Rossolatos effected the purchases of the Common Shares for investment purposes. Mr. Rossolatos reserves the right to purchase additional securities of the Corporation or from time to time to dispose of any securities of the Corporation that he may own.
About Avante Logixx Inc.
Avante Logixx Inc. (TSX VENTURE: XX) is a Toronto based security and technology company. Its primary operating division, Avante Security Inc. (), provides best in class security response and other security services for residential and commercial applications as well as being an industry leader in designing and installing complex security systems, access control, and video analytics. The company continuously develops innovative products and applications within its core competencies. Please visit .
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Avante Logixx Inc.
Leland Verner
Chairman
(416) 823-7474
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Datum: 20.08.2013 - 10:18 Uhr
Sprache: Deutsch
News-ID 1256397
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