Business
Acquisition of Shares of VIQ Solutions Inc. for Investment Purposes
TORONTO, Sept. 15, 2011 /CNW/ - Following the departure of Jay Noronha from DWM Securities In...
About this update from Viq Solutions Inc.
[{"type":"text","content":"\n\n\n\n\n\nTORONTO, Sept. 15, 2011 /CNW/ - Following the departure of Jay Noronha from DWM Securities Inc., Doug\n Stone (the \"Offeror\"), a Registered Portfolio Manager with DWM\n Securities Inc. who has been appointed interim servicing advisor for\n Jay Noronha's former discretionary client accounts, acquired control or\n direction over 14,545,055 common shares (the \"Common Shares\") of VIQ\n Solutions Inc. (the \"Company\"), representing approximately 16.49% of\n the total outstanding Common Shares, and 1,500,000 warrants (the \"Warrants\") that, if exercised, together represent\n approximately 17.89% of the total outstanding Common Shares.\n\n\nIn aggregate, the Offeror owns or exercises control or direction over a\n total of 15,851,055 Common Shares representing approximately 17.98% of\n the total outstanding Common Shares and 1,500,000 Warrants that, if\n exercised, together represent approximately 19.35% of the total\n outstanding Common Shares.\n\n\nEach whole Warrant is exercisable for one Common Share at a price of\n $0.65 per Common Share, expiring on January 20, 2012.\n\n\n","length":1260,"tagName":"div"}]