Business
Press Release for Early Warning Report Regarding BEACN Wizardry & Magic Inc.
(TheNewswire) Vancouver, British Columbia – TheNewswire - November 2...
About this update from Beacn Wizardry & Magic Inc
[{"type":"text","content":"Press Release for Early Warning Report Regarding BEACN Wizardry & Magic Inc.\n \n \n (TheNewswire)\n \n \n \n \n \n \n Vancouver, British Columbia\n \n –\n \n TheNewswire -\n \n November 2, 2021 - David\nHoward, of\n \n #702 – 2289 Bellevue Avenue, West\nVancouver, BC, V7V 1C5\n \n , today announced that on October 29,\n2021, he acquired ownership of\n \n 5,605,834\n \n common\nshares (“\n \n Common Shares\n \n ”)\nin the capital of BEACN Wizardry & Magic Inc. (the “\n \n Company\n \n ”), a company with a head\noffice at\n \n #301-3450 Uptown Blvd., Victoria, British\nColumbia, V8Z 0B9\n \n . Mr Howard, directly or indirectly, acquired\n5,272,334 Common Shares pursuant to the “qualifying transaction”\nof the Company (as such term is defined pursuant to the policies of\nthe TSX Venture Exchange) at a deemed price of C$0.16 per Common Share\nfor a deemed aggregate acquisition price of C$843,573.44. Mr. Howard,\ntogether with his associates, acquired an additional 333,500 Common\nShares and 166,750 Common Share purchase warrants (“\n \n Warrants\n \n ”) upon conversion of\nsubscription receipts acquired in connection with a non-brokered\nfinancing of the Company at a price of C$0.30 per subscription receipt\nfor an aggregate purchase price of C$100,050.\n \n \n Prior to the acquisition of the Common Shares and Warrants, Mr. Howard\ndid not own, directly or indirectly, or exercise control or direction\nover, any securities of the Company.\n \n \n After the completion of the acquisition of Common Shares, Mr. Howard\nnow owns\n \n \n , directly or indirectly, or\nexercises control or direction over\n \n , an aggregate of\n5,605,834 Shares and 166,750 Warrants, representing approximately\n13.10% of the issued and outstanding Shares on a non-diluted basis and\n11.35% of the issued and outstanding Shares on a fully-diluted\nbasis\n \n .\n \n \n Mr. Howard’s acquisition was made for investment purposes. In\naccordance with applicable securities laws, Mr. Howard may, from time\nto time and at any time, acquire additional shares and/or other\nequity, debt or other securities or instruments (collectively,\n“\n \n Securities\n \n ”) of the\nCompany in the open market or otherwise, and reserves the right to\ndispose of any or all of his Securities in...