Ashraf Zaghloul Acquires Additional Shares of NTG Clarity Networks Inc.

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[{"type":"text","content":"Ashraf Zaghloul Acquires Additional Shares of NTG Clarity Networks Inc.\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n Toronto, Ontario December 15, 2023 – Ashraf Zaghloul\nannounces that he has acquired ownership or control over an additional\n4,500,000 common shares of NTG Clarity Networks Inc. (“NTG”) by\nway of a non-brokered private placement at a price of $0.03 per share,\nfor an aggregate purchase price of $135,000 (the “Private\nPlacement”).\n \n \n \n \n Prior to completion of the Private Placement, Mr.\nZaghloul held 24,100,749 common shares and 2,250,000 options of NTG,\nwhich represented 16.27% of common shares outstanding before giving\neffect to the options and 17.52% of the outstanding common shares\nassuming exercise of the options. After giving effect to the Private\nPlacement, Mr. Zaghloul owns or controls 28,600,749 common shares and\n2,250,000 options, which represents 15.45% of the common shares\noutstanding before giving effect to the options and 16.46% of the\noutstanding common shares assuming exercise of the options.\n \n \n \n \n The common shares were acquired for investment\npurposes. In the future, Mr. Zaghloul may, subject to applicable law,\nacquire or dispose of securities of NTG depending upon a number of\nfactors, including but not limited\n \n \n \n \n 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 Ashraf Zaghloul at 905-305-1325\nor [email protected].\n \n \n \n Copyright (c) 2023 TheNewswire - All rights reserved.\n \n \n","length":2244,"tagName":"div"}]

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