VANCOUVER, June 25, 2019 /CNW/ - In accordance with
regulatory requirements, Mr. Marcio
Fonseca, a director and the President and CEO of Goldplay
Exploration Ltd. ("Goldplay" or the "Company"),
reports that he has recently acquired 2,100,000 common shares of
Goldplay at a price of $0.125/share
pursuant to his participation in the Company's private placement
financing, and on the same day acquired 160,000 common shares of
Goldplay at a deemed price of $0.125/share pursuant to completion of a debt
settlement transaction with the Company.
Prior to the issuance of these shares, Mr. Fonseca owned or
controlled 2,969,889 shares of Goldplay. Upon completion of these
share issuances, Mr. Fonseca now has ownership and control of
5,229,889 shares representing approximately 9.9% of the outstanding
shares of Goldplay on a non-diluted basis. On a partially
diluted basis (assuming the exercise of all 1,267,514 stock options
and 28,312 warrants held or controlled by Mr. Fonseca), Mr. Fonseca
would have ownership and control over approximately 12.1% of the
then issued Goldplay shares.
The shares recently acquired by Mr. Fonseca are held for
investment purposes only. Mr. Fonseca may acquire additional
Goldplay shares or dispose of Goldplay shares (through market or
private transaction) from time to time.
A copy of the related early warning report may be obtained under
Goldplay's profile on the SEDAR website (www.sedar.com) or from
Goldplay at Suite 900 – 900 West Hastings Street, Vancouver, BC V6C 2W2.
"Marcio
Fonseca"
MARCIO FONSECA
SOURCE Goldplay Exploration Ltd