Mark Fedosiewich Acquires Shares of Société d’exploration Minière Vior Inc.
August 02 2019 - 9:05AM
Mark Fedosiewich (the “
Acquiror”), President,
Chief Executive Officer and a director of Société d’Exploration
Minière Vior Inc. (the “
Corporation”),
announces that he has directly acquired on July 30, 2019, 9,000
common shares of the Corporation in the secondary market. Out of
the 9,000 common shares, 5,000 common shares were acquired at a
price of $0.095 per share and 4,000 common shares were acquired at
a price of $0.10 per share (the “
Transaction”).
Immediately prior to the closing of the
Transaction, the Acquiror held, directly or indirectly, (i)
5,304,000 common shares of the Corporation, representing 11.98% of
the issued and outstanding common shares, (ii) Warrants entitling
the Acquiror to purchase up to 1,500,000 common shares of the
Corporation and (iii) Options entitling the Acquiror to purchase up
to 1,000,000 common shares of the Corporation. Assuming the
exercise of all Warrants and Options held by the Acquiror, prior to
the closing of the Transaction, the Acquiror would have owned
7,804,000 common shares, representing, on a partially-diluted
basis, 16.69% of the Corporation’s common shares that would have
then been issued and outstanding.
Immediately following the closing of the
Transaction, the Acquiror together holds, directly or indirectly,
(i) 5,313,000 common shares of the Corporation, representing 12.00%
of the issued and outstanding common shares, (ii) Warrants
entitling the Acquiror to purchase up to 1,500,000 common shares of
the Corporation and (iii) Options entitling the Acquiror to
purchase up to 1,000,000 common shares of the Corporation.
Assuming the exercise of all Warrants and Options held by the
Acquiror, following the closing of the Transaction, the Acquiror
would own 7,813,000 common shares, on a partially-diluted basis,
representing 16.71% of the Corporation’s common shares that would
then be issued and outstanding.
The Acquiror acquired the shares described in
this press release for investment purposes and in accordance with
applicable securities laws, the Acquiror may, from time to time and
at any time, acquire additional shares and/or other equity, debt or
other securities or instruments (collectively,
“Securities”) of the Corporation in the open
market or otherwise, and he reserves the right to dispose of any or
all of his Securities in the open market or otherwise at any time
and from time to time, and to engage in similar transactions with
respect to the Securities, the whole depending on market
conditions, the business and prospects of the Corporation and other
relevant factors.
The shares described in this press release were
directly acquired by Mark Fedosiewich.
A copy of the early warning report to be filed
by the Acquiror in connection with the Transaction described above
will be available on SEDAR under the Corporation’s profile. This
news release is issued under the early warning provisions of the
Canadian securities legislation.
For more information,
contact:
Mark Fedosiewich President, Chief Executive Officer and
DirectorTel.: 613-898-5052E-mail: mfedosiewich@vior.ca
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