Acquisition of securities of RJK Explorations Ltd.
22 Août 2012 - 3:43PM
PR Newswire (Canada)
KIRKLAND LAKE, ON, Aug. 23, 2012 /CNW/ - Glenn C. Kasner ("G.
Kasner") (4 Al Wende Avenue, Kirkland Lake, Ontario, P2N 3J5)
announces that, pursuant to a transfer from Robert Kasner ("R.
Kasner"), he has acquired beneficial ownership of, and/or control
or direction over, 654,140 Class B multiple voting shares (the
"Shares") of RJK Explorations Ltd. (the "Company"). Prior to the
transfer of the Shares, G. Kasner beneficially owned and/or
exercised control or direction over 414,213 Class A subordinate
voting shares of the Company (each, a "Class A Share"),
representing approximately 0.49% of the issued and outstanding
Class A Shares on an undiluted basis, and 200,000 Class B multiple
voting shares of the Company (each, a "Class B Share"),
representing approximately 23.42% of the issued and outstanding
Class B Shares. Following the transfer of the Shares, G. Kasner now
beneficially owns and/or exercises control or direction 854,140
Class B Shares, representing 100% of the issued and outstanding
Class B Shares. The number of Class A Shares owned, controlled
and/or directed by G. Kasner did not change. The Shares were
transferred to G. Kasner, outside of any market or other facility,
by R. Kasner as a gift and no consideration was paid in connection
therewith. G. Kasner may, in the future, increase or decrease his
ownership of securities of the Company, directly or indirectly,
from time to time depending on the business and prospects of the
Company and future market conditions. An early warning report (the
"EWR") will be filed and available for review on SEDAR at
www.sedar.com under the Company's profile. A copy of the EWR
can also be obtained from the contact below. RJK Explorations Ltd.
CONTACT: Glenn C. Kasner Telephone: (705) 567-5351
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