Acquisition of Further Shares & Warrants of Reservoir Capital Corp.
(firmenpresse) - WOODVILLE, TEXAS -- (Marketwired) -- 11/09/15 -- I have acquired ownership of 260,000 common shares (representing 1.42% of the outstanding shares) and warrants to purchase an additional 130,000 common shares of Reservoir Capital Corp. (TSX VENTURE: REO) of Vancouver, BC pursuant to Reservoir''s private placement at a price of $0.50 per unit (each unit consisting of one common share and one-half of a warrant to purchase a further common share).
I now have ownership of 1,538,750 common shares (representing 8.43% of Reservoir''s outstanding common shares) and warrants to purchase an additional 505,000 common shares. If the warrants were exercised, I would have ownership of 2,043,750 common shares (representing 10.89% of the outstanding shares of Reservoir).
The shares and warrants were acquired for investment purposes under the exemption set out in section 2.3 (Accredited Investors) of National Instrument 45-106 Prospectus Exemptions of the Canadian Securities Administrators. Presently, I do not have any intention of acquiring any further securities of Reservoir but may acquire ownership of or control over further securities in the future depending upon market circumstances.
I have filed an Early Warning Report with the British Columbia, Alberta and Ontario Securities Commissions in respect of the acquisition. Copies of the Report may be obtained from SEDAR () or without charge from Reservoir or me.
Contacts:
Lee P. Mann
409-283-8286
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 09.11.2015 - 13:40 Uhr
Sprache: Deutsch
News-ID 1398011
Anzahl Zeichen: 6990
contact information:
Contact person:
Town:
WOODVILLE, TEXAS
Phone:
Kategorie:
Alternative Energy
Typ of Press Release:
type of sending:
Date of sending:
Anmerkungen:
Diese Pressemitteilung wurde bisher 139 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Acquisition of Further Shares & Warrants of Reservoir Capital Corp.
"
steht unter der journalistisch-redaktionellen Verantwortung von
Lee P. Mann (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
