CALGARY, AB, Sept. 25, 2020 /CNW/ - 3DB.Inc (the
"Corporation" or "3DB"), a corporation with its head
office located at 2008 104 St NW, Edmonton, Alberta T6J 5A8 today announced
that on September 25, 2020, 3DB
disposed (the "Disposition") of an aggregate amount of
23,101 common shares ("Common Shares") in the capital of
NexOptic Technology Corp. ("NexOptic") through the
facilities of the TSX Venture Exchange Inc.
As a result of the Disposition, the Corporation's direct
ownership percentage in Common Shares and conditional warrants (the
"Warrants") in the capital of NexOptic has decreased.
As of February 23, 2019, the
effective date of the last early warning report filed by 3DB, 3DB
owned and controlled 40,265,798 Common Shares and 3,188,791
Warrants. Following the Disposition, as of the date hereof, 3DB
owns and controls 38,351,302 Common Shares and 1,702,637
Warrants.
Pursuant to the calculations required by National Instrument
62-103 – The Early Warning System and Related Take-Over Bid and
Insider Reporting Issues ("NI 62-103"), following the
Disposition, 3DB's ownership of the Corporation since the effective
date of the last early warning report decreased by approximately
2.01%, from (after giving effect to further issuances of securities
by NexOptic) approximately 29.22% to approximately 27.21% of the
outstanding Common Shares on a diluted basis calculated in
accordance with the provisions of NI 62-103. All security holding
percentages provided herein are based on the issued and outstanding
Common Shares of NexOptic as disclosed in the Management Discussion
& Analysis for NexOptic for the period ended June 30, 2020.
The required early warning report is being filed on System for
Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com
as of the date hereof.
NexOptic is located at located at 1500-409 Granville Street,
Vancouver, British Columbia, V6C
1T2.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE NexOptic Technology Corp.