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Early Warning Report Issued Pursuant to National Instrument 62-103 Acquisition of Shares of Central Timmins Exploration Corp.

Early Warning Report Issued Pursuant to National Instrument 62‐103 Acquisition of S...

articleP2 Gold Inc.April 16, 20204/company/p2-gold-inc/news/early-warning-report-issued-pursuant-to-national-instrument-62-103-acquisition-of-shares-of-central-timmins-exploration-corp
Early Warning Report Issued Pursuant to National Instrument 62-103 Acquisition of Shares of Central Timmins Exploration Corp.

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[{"type":"text","content":"\n\n\n\nEarly Warning Report Issued Pursuant to National Instrument 62‐103 Acquisition of Shares of Central Timmins Exploration Corp.\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, April 16, 2020\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES./\n TORONTO, April 16, 2020 /CNW/ - Central Timmins Exploration Corp. (\"CTEC\" or the \"Corporation\") (TSXV: CTEC)  This press release is being disseminated as required by National Instrument 62‐103 The Early Warning System and Related Take Over Bids and Insider Reporting Issues in connection with the filing of an early warning report (the \"Early Warning Report\") regarding the acquisition of common shares of Central Timmins Exploration Corp. by Kenneth C. McNaughton.\nMr. McNaughton acquired the common shares in a private placement offering by CTEC on April 15, 2020 resulting in ownership of 2,000,000 common shares of the Company representing approximately 10.8% of the issued and outstanding voting securities of the Company on a non‐diluted basis.  Mr. McNaughton acquired the shares for investment purposes only and intends to review his holdings on a continuing basis and such holdings may be increased or decreased in the future.\nA copy of the Early Warning Report may be found on www.SEDAR.com.\nAbout Central Timmins Exploration Corp. CTEC is an early-stage Canadian junior exploration company with property primarily within the city limits of Timmins in the Porcupine Mining District in the northeastern region of Ontario. The Corporation's assets are prospective for gold as well as a suite of base metals.\nForward Looking Information\nThis press release contains \"forward-looking information\" within the meaning of applicable securities laws that is intended to be covered by the safe harbours created by those laws. \"Forward-looking information\" includes statements that use forward-looking terminolo...

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