Business
Change in Share Ownership of Matt Campbell and Derek Stimson in Rocky Mountain Dealerships Inc.
Change in Share Ownership of Matt Campbell and Derek Stimson in Rocky Mountain Dealerships Inc.
About this update from Roland Mineral Enterprises Corp.
[{"type":"text","content":"\n\n\n\nSep. 18, 2009 (Canada NewsWire Group) -- CALGARY, Sept. 18 /CNW/ -- Rocky Mountain Dealerships Inc. (\"Rocky Mountain\" or the \"Company\") (TSX: RME), Mr. Matt Campbell, Chief Executive Officer of Rocky Mountain and Mr. Derek I. Stimson, President of Rocky Mountain announce that pursuant to the completion of the Company's short form prospectus offering (the \"Offering\") of 3,900,000 common shares ('Common Shares\") at a price of $6.20 per Common Share, as set out in the Company's news release of September 15, 2009, Mr. Campbell and Mr. Stimson have each acquired 80,000 Common Shares.Prior to the completion of the Offering, Mr. Campbell beneficially owned or controlled 2,773,689 Common Shares, representing 20.7% of the issued and outstanding Common Shares and held stock options to acquire up to 110,000 Common Shares. Upon completion of the Offering, Mr. Campbell beneficially owns or controls 2,853,689 Common Shares, representing 16.6% of the issued and outstanding Common Shares (including the Common Shares issued pursuant to the Offering) and holds stock options to acquire up to 110,000 Common Shares.Prior to the completion of the Offering, Mr. Stimson beneficially owned or controlled 1,945,685 Common Shares, representing 14.7% of the issued and outstanding Common Shares and held stock options to acquire up to 110,000 Common Shares. Upon completion of the Offering, Mr. Stimson beneficially owns or controls 2,025,685 Common Shares, representing 12.0% of the issued and outstanding Common Shares (including the Common Shares issued pursuant to the Offering) and holds stock options to acquire up to 110,000 Common Shares.Both Mr. Campbell and Mr. Stimson acquired the Common Shares for investment purposes and may, from time to time, acquire additional securities of RMDI, dispose of some or all of the existing or additional securities they hold or will hold, or may continue to hold their current position.\n\n\n\n","length":2076,"tagName":"div"}]