Hermine Wekerle Acquires Securities of Difference Capital Funding Inc.

(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 11/23/12 -- Hermine Wekerle, directly and indirectly, has acquired on November 19, 2012 by private placement 4,399,998 special warrants of Difference Capital Funding Inc. ("Difference Capital") (TSX VENTURE: DCF) at a price of CDN$0.35 per special warrant.

Each Special Warrant is exercisable into a unit comprised of one common share and one-half of one common share purchase warrant.

As a result of this acquisition, Mrs. Wekerle now owns, directly and indirectly, 51,064,279 common shares on a fully diluted basis, representing approximately 17.85% of the total outstanding shares of Difference Capital.

Mrs. Wekerle acquired the special warrants for investment purposes. Mrs. Wekerle may in the future take such actions in respect of her holdings as deemed appropriate in light of the circumstances then existing, including the purchase of additional securities of Difference Capital through open market purchases or privately negotiated transactions, or the sale of all or a portion of her holdings in the open market or in privately negotiated transactions to one or more purchasers.

The parties relied on the accredited investor exemption available under section 2.3 of National Instrument 45-106 - Prospectus Exempt Distributions.



Contacts:
Hermine Wekerle
416 699 5085

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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 23.11.2012 - 16:26 Uhr
Sprache: Deutsch
News-ID 206339
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TORONTO, ONTARIO

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Commercial & Investment Banking

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