Prior to that acquisition, BII and joint actors owned or had control or direction over a total of 5,157,750 Common Shares, which represented 10.04% of the Common Shares of CriticalControl outstanding since CriticalControl's recent repurchase of stock through its normal course issuer bid. As a result of this transaction, BII and joint actors now hold 6,832,850 Common Shares and 837,550 Warrants, representing approximately 11.91% of the outstanding Common Shares of CriticalControl.
BII and joint actors purchased the Units for investment purposes. BII and joint actors may, depending on market and other conditions and subject to applicable securities regulation, change the beneficial ownership of (or control or direction over) CriticalControl's Common Shares and Warrants, whether in the open market, by privately negotiated agreements, or otherwise.
An early warning report in respect of the above noted transaction will be filed on SEDAR.
FOR FURTHER INFORMATION PLEASE CONTACT:
William PowellChief Financial Officer (514) 904-0551 Source: Boeckh Investments Inc.