2729252 Ontario Inc. Acquires Shares of NTG Clarity Networks Inc.

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[{"type":"text","content":"2729252 Ontario Inc. Acquires Shares of NTG Clarity Networks Inc. \n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n Toronto, Ontario December\n \n \n 15\n \n \n , 2023 – 2729252 Ontario Inc. (the\n“Acquiror”) announces that it has acquired 28,000,000 common\nshares of NTG Clarity Networks Inc. (“NTG”) by way of a\nnon-brokered private placement at a price of $0.03 per share, for an\naggregate purchase price of $840,000 (the “Private Placement”).\nThe Acquiror is controlled by Ashraf Zaghloul, CEO of NTG, and\nKristine Lewis, President of NTG.\n \n \n \n \n Prior to completion of the Private Placement, the\nAcquiror held 100,000 common shares, which represented 0.07% of the\noutstanding common shares. After giving effect to the Private\nPlacement, the Acquiror owns 28,100,000 common shares, which\nrepresents 15.18% of the outstanding common sh\n \n \n \n \n ares.\n \n \n \n \n The common shares were acquired for investment\npurposes. In the future, the Acquiror may, subject to applicable law,\nacquire or dispose of securities of NTG depending upon a number of\nfactors, including but not limited to general market and economic\nconditions and other available investment opportunities.\n \n \n \n \n For further information or to obtain a copy of the\nearly warning report, please contact Kristine Lewis at\[email protected].\n \n \n \n Copyright (c) 2023 TheNewswire - All rights reserved.\n \n \n","length":2097,"tagName":"div"}]

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