R. S. (Tookie) Angus: Acquisition of Warrants of San Marco Resources Inc.
(firmenpresse) - SECHELT, BRITISH COLUMBIA -- (Marketwire) -- 07/20/12 -- I have acquired ownership of an additional 500,000 warrants to purchase 500,000 common shares of San Marco Resources Inc. (TSX VENTURE: SMN) of Vancouver, BC pursuant to a private placement in which I bought 1,000,000 units at a price of $0.10 per unit (each unit consisting of one common share and one-half of one warrant to purchase a further common share). Subsequent to the closing of the private placement, San Marco increased the number of warrants contained in each unit from one-half to one, resulting in my receipt of a further 500,000 warrants.
I now have ownership of a total of 2,601,000 common shares (representing 6.5% of San Marco's outstanding common shares), warrants to purchase an additional 1,500,500 common shares and options to purchase an additional 350,000 common shares. If the warrants and options were exercised, I would have ownership of 4,451,500 common shares of San Marco (representing 10.6% of the common shares then outstanding).
The shares and warrants were acquired for investment purposes under the exemption set out in section 2.5 of National Instrument 45-106 Prospectus and Registration Exemptions of the Canadian Securities Administrators for directors and officers of an issuer. Presently, I do not have any intention of acquiring any further securities of San Marco 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 and Alberta Securities Commissions in respect of the acquisition. Copies of the Report may be obtained from SEDAR at .
Contacts:
R. S. (Tookie) Angus
604 740 5727
604 740 5787 (FAX)
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Datum: 20.07.2012 - 18:02 Uhr
Sprache: Deutsch
News-ID 167340
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SECHELT, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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