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Pat DiCapo Acquires Securities of CDN MSolar Corp.

March 9, 2018 9:40 PM EST

TORONTO, March 09, 2018 (GLOBE NEWSWIRE) -- Pasquale DiCapo (the “Acquiror”) announces that he acquired ownership and control of an aggregate of 11,424,200 common shares (the “Shares”) of CDN MSolar Corp. (the “Company”) in connection with a conversion of outstanding indebtedness into Shares (the “Debt Conversion”) on March 9, 2018. Prior to the Debt Conversion, the Acquiror held 3,075,800 Shares representing approximately 14.03% of the issued and outstanding Shares. Following the Debt Conversion, the Acquiror holds 14,500,000 Shares representing approximately 19.61% of the issued and outstanding Shares. The Acquiror paid $0.005 per Share for total consideration of $57,121 (being the amount of debt that was the subject of the Debt Conversion). The Acquiror acquired the Shares for investment purposes, and the Acquiror may, depending upon market and other conditions, increase or decrease his beneficial ownership, control or direction over additional securities of the Company, through market transactions, private agreements, treasury issuances, exercise of convertible securities or otherwise. The Acquiror does not have any plans related to any of the matters in the enumerated list in Item 5.1 of Form 62-103F1

Additional Information

The Acquiror’s address is 130 King Street West, Suite 2210, Toronto, Ontario, M5X 1E4. The address of the Company’s head office is 5300 Lancing Road, Richmond, British Columbia V7C 3A1.

To obtain a copy of the report filed pursuant to applicable securities regulations in connection with the foregoing, please contact:

Hugh FerreiraDSA Filing Services LimitedThe Canadian Venture Building82 Richmond St East, Suite 200Toronto, Ontario M5C 1P1T 416-848-7601 l C 416-316-3876

Source: Pasquale DiCapo


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