2171117 Ontario Inc. acquires shares of 1287413 BC Ltd. | 2021-09-07 | Press Releases
Vancouver, British Columbia – (Newsfile Corp. – September 7, 2021) – 2171117 Ontario Inc. (“117“) announced today that they have acquired a total of 500,000 common shares (“Ordinary actions“) of 1287413 BC Ltd. (“413“or the”company“). 117 acquired the securities on September 7, 2021 in a private placement of 500,000 common shares of the Company at a purchase price of $ 0.001 per common share for gross proceeds of $ 500.00 (the “Acquisition“).
Prior to the acquisition, 117 held no common shares. Following the acquisition, 117 now beneficially owns a total of 500,000 common shares, representing approximately 11.765% of the 4,250,000 issued and outstanding common shares of the company.
117 has acquired the securities under the offer for private investment purposes and may increase or decrease their beneficial ownership or control over the securities of 413 depending on circumstances or market conditions.
This press release is issued in accordance with National Instrument 62-103 – The early warning system and issues with takeover bids and insider reports. A copy of the early warning report will appear with the 413 documents on the electronic document analysis and search system at www.sedar.com.
413’s head office is located at 1200 Waterfront Center, 200 Burrard Street, Vancouver, BC, V7X 1T2.
For more information or to request a copy of the early warning report, please contact:
2171117 Ontario Inc.
Attention: Patrick McBride
Do not distribute to US Newswire Services or broadcast in the United States. Any breach of this restriction may constitute a violation of United States securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/95780