Press Release Regarding Early Warning Report
21 Janvier 2019 - 11:45PM
This press release is issued pursuant to Multilateral Instrument
62-104 - Take-Over Bids and Issuer Bids and National Instrument
62-103 - The Early Warning System and Related Take-Over Bid and
Insider Reporting Issues.
An option ("
Option") to purchase 450,000 common
shares ("
Common Shares") of ChaiNode Opportunities
Corp. (the "
Issuer" or
"
ChaiNode") has been granted to Kenneth L. DeWyn.
The Option entitles Mr. DeWyn to acquire up to 450,000 Common
Shares at an exercise price of $0.10 per share and expires on
January 18, 2029.
Prior to the acquisition, Mr. DeWyn owned
5,400,000 Common Shares. Mr. DeWyn now owns 5,400,000 Common
Shares, representing 60.00% of the issued and outstanding Common
Shares and the Option to acquire 450,000 Common Shares. Assuming
the exercise of the entire Option held by Mr. DeWyn, he will own
5,850,000 Common Shares representing 61.90% of the issued and
outstanding Common Shares.
The Option was granted to Mr. DeWyn as part of
the compensation program of the Corporation.
ChaiNode is located at 900, 903 - 8th Avenue
S.W., Calgary, Alberta T2P 0P7.
A report respecting this acquisition will be
filed with the applicable securities commissions using the System
for Electronic Document Analysis and Retrieval (SEDAR) and will be
available for viewing on the Issuer’s profile at www.sedar.com.
For further information or to obtain a copy of
the early warning report, please contact Kenneth L. DeWyn,
President, Chief Executive Officer, Chief Financial Officer and
Corporate Secretary of the Issuer at (403) 690-5387 or via email
kdewyn@shaw.ca.
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
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