Plethora owns 7,651,001 Shares the Company, which prior to the Transaction had represented 11.26% of the Company’s issued and outstanding common shares on an undiluted and partially diluted basis. Following the Transaction, Plethora owns the same number of shares and thus Plethora’s interest in the Company has been diluted to an amount representing 9.86% of the Company’s issued and outstanding common shares on an undiluted and partially diluted basis.
In satisfaction of the requirements of National Instrument 62-104 – Take-Over Bids and Issuer Bids and National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, an early warning report respecting the acquisition of securities by Plethora will be filed under the Company’s SEDAR Profile at www.sedar.com.
Plethora holds its investment in the Company for investment purposes. Depending on market and other conditions, Plethora may from time to time in the future increase or decrease their ownership, control or direction over securities of the Company, through market transactions, private agreements, or otherwise.
Plethora is incorporated under the laws of
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