(via TheNewswire)

Vancouver, British Columbia -TheNewswire -November 2, 2023 -Mr. Carson Sedun (the “Acquiror”), President & CEO and a Director of Panorama Capital Corp. (the “Company”), announces that he has acquired ownership of, or control or direction over, common shares of the Company (“Shares”) that, together with the Acquiror’s prior holdings of Shares, constitute 10% or more of the Company’s issued and outstanding Shares.

 

On October 25, 2023, the Acquiror acquired 102,000 Shares of the Company, representing 0.9% of the Company, in the public market at prices ranging between $0.03 per Share and $0.035 per Share, which increased the Acquiror’s beneficial holdings from 1,155,000 Shares to 1,257,000 Shares of the Company, increasing the Acquiror’s total shareholding from 10.2% to 11.2% of the Company on a non-diluted basis. (13.43% on a partially diluted basis).  

 

On March 28, 2023, the Acquiror acquired 20,000 Shares of the Company in the public market at a price of $0.10 per Share, which increased the Acquiror’s beneficial holdings from 1,135,000 Shares to 1,155,000 Shares of the Company, increasing the Acquiror’s total shareholding from 10.1% to 10.2% of the Company on a non-diluted basis (12.43% on a partially diluted basis).

 

On March 6, 2023, the Acquiror acquired 500,000 Shares of the Company privately at a price of $0.05 per Share, which increased the Acquiror’s beneficial holdings from 635,000 Shares to 1,135,000 Shares of the Company, increasing the Acquiror’s total shareholding from 5.6% to 10.1% of the Company on a non-diluted basis (12.33% on a partially diluted basis).

 

While the Acquiror currently has no plans or intentions with respect to the Company’s Shares, depending on market conditions, general economic and industry conditions, trading prices of the Company’s Shares, the Company’s business, financial condition and prospects and/or other relevant factors, the Acquiror may develop such plans or intentions in the future and, at such time, may from time to time acquire additional Shares, dispose of some or all of the existing or additional Shares or may continue to hold the Shares of the Company.

 

This news release is being issued to comply with National Instrument 62-103- The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. A copy of the early warning report filed by the Acquiror will be available on Panorama’s SEDAR+ profile atwww.sedarplus.ca. The Company’s head office is located at 301 – 1665 Ellis Street, Kelowna, BC, V1Y 2B3 and the Acquiror’s address is located at 750 – 1095 West Pender Street, Vancouver, BC, V6E 2M6.

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