TSX-V: GMN
TORONTO, Oct. 16, 2015 /CNW/ - GobiMin Inc. (the
"Company" or "GobiMin") today reports that since October 8, 2015, Mr. Felipe Tan ("Mr. Tan"), the majority
shareholder of the Company, has gained directly and indirectly via
Belmont Holdings Group Limited beneficial ownership of common
shares exceeding 2% of the outstanding common shares of GobiMin as
a result of shares acquisition. This reporting threshold was
reached on October 15, 2015 with the
acquisition of 200,000 common shares in the capital of GobiMin by
Mr. Tan via Belmont Holdings Group Limited at an average price of
Cdn$0.395 per share through the
facilities of the TSX Venture Exchange for investment purposes (the
"Triggering Block"). In addition, since October 8, 2015, Mr. Tan acquired, directly or
indirectly, a total of 900,000 common shares in the capital of
GobiMin at an average price of Cdn$0.397 per share through the facilities of the
TSX Venture Exchange for investment purposes (the "Open Market
Shares") (the Triggering Block and the Open Market Shares
collectively referred to as the "Acquisition"). Mr. Tan
effected the Acquisition of common shares for investment purposes.
Mr. Tan reserves the right to purchase additional securities of
GobiMin or from time to time to dispose of any securities of
GobiMin that he may own.
Following the Acquisition, Mr. Tan holds, directly or
indirectly, a total of 34,369,000 common shares, representing
approximately 65.41% of the currently issued and outstanding common
shares (or 35,169,000 common shares representing approximately
66.93% of the currently issued and outstanding common shares
assuming all convertible securities held by Mr. Tan are exercised
and converted into common shares).
An Early Warning Report respecting the Acquisition will be filed
electronically on the Company's SEDAR profile, available at
www.sedar.com.
Mr. Tan has provided the above information to the Company for
inclusion in this news release.
"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."
To receive GobiMin press releases by email,
send a message to info@gobimin.com and
specify "GobiMin press releases" on the subject
line
To unsubscribe GobiMin press
releases, please send a message to
unsubscribe@gobimin.com
SOURCE GobiMin Inc.