Shortly after the completion of this transaction, Mr.
Depending on market conditions and other factors, Visionaire may from time to time acquire additional securities of the Company, continue to hold securities of the Company or dispose of some or all of the securities of the Company in the open market, by private agreement or otherwise. Visionaire has engaged in discussions with management, the Board of Directors and certain shareholders of the Company, and may engage in discussions with other shareholders of the Company, regarding the Company's prospects and potential means for enhancing shareholder value, including, without limitation, with respect to the strategic direction of the Company and the composition of the Company's Board of Directors. As a result, Visionaire may also seek to initiate or participate in such other actions as it deems necessary to enhance the value of its investment in the Company, including, without limitation, actions intended to cause changes to the strategy or Board composition of the Company.
The Acquisition was exempt from prospectus and registration requirements. The exemption from securities legislation relied on was the accredited investor exemption set out in Section 2.3 of National Instrument 45-106 - Prospectus and Registration Exemptions. The distribution of the Shares met the requirements of the exemption set out therein because Visionaire has net assets of at least
This press release is issued pursuant to National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which also requires a report to be filed with regulatory authorities in each of the jurisdictions containing additional information with respect to the foregoing matters (the "Early Warning Report"). A copy of the Early Warning Report will appear with the Company's documents on the SEDAR website at www.sedar.com. A copy of the Early Warning Report may also be obtained by contacting
FOR FURTHER INFORMATION PLEASE CONTACT: Visionaire Invest AS
Johnny Christiansen+47 900 55558 email@example.com Source: Visionaire Invest AS