Business
William L. Price announces acquisition of shares of Namibia Rare Earths Inc.
HALIFAX, April 30, 2013 /CNW/ - William L. Price, of Atherton, California, announced today ...
About this update from Namibia Critical Metals Inc.
[{"type":"text","content":"\n\n\n\n\n\nHALIFAX, April 30, 2013 /CNW/ - William L. Price, of Atherton,\n California, announced today that he acquired, by way of a private\n agreement, a total of 3 million common shares (\"Common Shares\") of Namibia Rare Earths Inc. (\"Company\") at a price of approximately US$0.177 per Common Share.  Following the\n acquisition, Mr. Price has ownership and/or control over an aggregate\n of 9,032,000 Common Shares, representing approximately 11.6 % of the\n Company's outstanding 77,828,500 Common Shares.\n\n\nWilliam L. Price acquired the Common Shares for investment purposes.\n Consistent with such purpose, Mr. Price has had, and may have in the\n future, discussions with management of the Company, and may make\n suggestions concerning the Company's operations, prospects, business\n and financial strategies, assets and liabilities, business and\n financing alternatives and such other matters as he may deem relevant\n to his investments in the Common Shares and other securities of the\n Company. Mr. Price expects that he will, from time to time, review his\n investment position in the Company and may, depending on market and\n other conditions, increase or decrease his investment position in the\n Common Shares or other securities of the Company.\n\n\nWhether Mr. Price acquires any additional Common Shares or other\n securities of the Company or disposes of any Common Shares or other\n securities of the Company, in addition to the number and timing of any\n such transactions, will depend upon his continuing assessments of\n pertinent factors, including, but not limited to, the availability of\n Common Shares or other securities of the Company for purchase at\n particular price levels, the Company's and Mr. Price's business and\n prospects, other business investment opportunities available to Mr.\n Price, economic conditions, stock market conditions, money market\n conditions, the attitudes and actions of the board of directors and\n management of the Company, the availability and nature of opportunities\n to dispose of Mr. Price's interest in the Company, to realize trading\n profits or minimize trading losses, and other plans and requirements of\n Mr. Price. Depending upon his assessment of these factors from time to\n time, Mr. Price may change his present intentions as stated above,\n including determining to acqui...