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Prior to the Disposition, Mayur owned 60,833,333 Adyton Shares representing approximately 30.5% of the issued and outstanding Adyton Shares on a non-diluted basis and 28.5% on a fully diluted basis. Following the completion of the Disposition, Mayur owned 50,833,333 Adyton Shares representing approximately 25.5% of the issued and outstanding Adyton Shares on a non-diluted basis and 23.8% on a fully diluted basis.
All Adyton Shares held by Mayur are held for investment purposes. In the future, Mayur may purchase or sell securities of Adyton on the open market or in private transactions, depending on market and economic conditions and other factors material to the investment decisions of Mayur.
Mayur will file an early warning report in respect of the Disposition pursuant to the early warning requirements of applicable Canadian securities laws. A copy of the early warning report will be available under Adyton's profile on SEDAR+ at www.sedarplus.ca once it has been filed and will also be able to be obtained by contacting Mayur's Managing Director,
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