CORRECTION FROM SOURCE: News Release Early Warning Report
Get Alerts SXI Hot Sheet
Join SI Premium – FREE
This document updates the previous news release, dated May 26th, 2022, to include the exchange and ticker symbol for Synex Renewable Energy Corporation. No other changes were required in the body of the release.
Vancouver, British Columbia--(Newsfile Corp. - May 27, 2022) - Daniel J. Russell announces today that on May 25, 2022 he acquired ownership of 2,000 common shares (the "Purchased Shares") in the capital of Synex Renewable Energy Corporation (TSX: SXI) (formerly, Synex International Inc.) (the "Issuer"), representing approximately 0.05% of the issued and outstanding common shares (the "Common Shares") in the capital of the Issuer (the "Acquisition").
The Purchased Shares were acquired through normal course purchases through the facilities of the Toronto Stock Exchange for C$2.98 per Purchased Share in cash, for an aggregate amount equal to C$5,960.
Prior to the Acquisition, Mr. Russell owned, or had control or direction over, 2,233,379 Common Shares and 24,000 options to purchase Common Shares ("Options"), representing approximately 55.94% of issued and outstanding Common Shares on a partially diluted basis. After the Acquisition, Russell owns, or has control of direction over, 2,235,379 Common Shares and 24,000 Options, representing approximately 55.99% of the issued and outstanding Common Shares on a partially diluted basis.
Mr. Russell acquired the Shares for investment purposes. Mr. Russell may from time to time acquire additional securities, dispose of some or all of the existing or additional securities or may continue to hold the securities of the Issuer.
This press release is being issued pursuant to National Instrument 62-103 - The Early Warning
System and Related Take-Over Bid and Insider Reporting Issues which requires a report to be filed under the Issuer's profile on SEDAR (www.sedar.com) containing additional information respecting the foregoing matters.
The Issuer's head office is located at 4248 Broughton Ave., Niagara Falls, Ontario L2E 0A4. For inquiries or a copy of the related early warning report required under Canadian provincial securities legislation, a copy of which has also been filed on www.sedar.com, please contact:
Daniel J. Russell
524 Locust Street
Burlington, Ontario L7S 1V2
Telephone: 905-646-7545
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/125659
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- OKX Continues to Lead in Trust and Transparency with 18th Consecutive Proof of Reserves, Amounting to USD22.3 Billion
- Municipality Finance issues a GBP 50 million tap under its MTN programme
Create E-mail Alert Related Categories
Newsfile, Press ReleasesRelated Entities
Definitive AgreementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!