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Petro-Victory Early Warning News Release in Accordance With National Instrument 62-103
Petro-Victory Early Warning News Release in Accordance With National Instrument 62-103 ...
About this update from Petro-victory Energy Corp Class A
[{"type":"text","content":"\n\n\n\nPetro-Victory Early Warning News Release in Accordance With National Instrument 62-103\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\nCALGARY, April 9, 2020\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS./\n CALGARY, April 9, 2020 /CNW/ - Petro-Victory Energy Corp. (\"Petro-Victory\" or the \"Company\") (TSX-V: VRY) announces that on April 9, 2020 (the \"Closing Date\"), Fifteen Talents, LP, acquired ownership of ‎124,378 common shares in the capital of Petro-Victory (\"Common Shares\").  A copy of the early warning report for Fifteen Talents, LP will be available under Petro-Victory's profile on SEDAR.\n\n \n \n \n \n \n \n\n \nImmediately prior to this purchase, Fifteen Talents, LP owned and exercised control over an ‎aggregate of 1,444,416 Common Shares and 0 Restricted Voting Shares of the Issuer, ‎representing an interest of approximately 21.16% of the issued and outstanding voting ‎securities of the Issuer on a non-diluted basis and 15.68% of the issued and outstanding ‎securities of the Issuer assuming conversion of the Restricted Voting Shares.‎\nAs a result of the purchase, Fifteen Talents, LP will own and exercise control over an aggregate ‎of 1,568,794 Common Shares and 0 Restricted Voting Shares of the Company ‎representing approximately 22.98% of the issued and outstanding voting securities of the ‎Company on a non-diluted basis and 17.03% of the issued and outstanding securities of the ‎Company, assuming conversion of the Restricted Voting Shares.‎\nThe Restricted Voting Shares are convertible on a 1:1 ratio into Common Shares, at the holder's option.\nThe issuance to Fifteen Talents, LP was completed for investment purposes, and it may acquire additional securities either on the open market or through the financing or private acquisitions and may sell the securities they e...