Business
WILLIAM N. GRANT INCREASES VITALITY COMMON SHAREHOLDINGS TO 28.04%
WILLIAM N. GRANT INCREASES VITALITY COMMON SHAREHOLDINGS TO 28.04%
About this update from Vitality Products Inc.
[{"type":"text","content":"\n\n\n\n Oct. 15, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTrading Symbol: VPI\n\n\nVANCOUVER, Oct. 15 /CNW/ - Mr. William N. Grant, President & CEO of\n Vitality Products Inc. ("Vitality"), wishes to announce that he\n acquired ownership of 11,000 common shares in the capital of Vitality\n at an average price of $0.068 per share on the TSX Venture Exchange on\n October 14, 2010.  The 11,000 common shares of Vitality purchased by\n Mr. Grant represent 0.06% of the outstanding common shares of\n Vitality.  Mr. Grant, through either direct ownership or indirect\n ownership, now beneficially owns and controls 5,576,734 common shares\n of Vitality or 28.04% of the outstanding common shares of Vitality.\n\n\nMr. Grant continues to rely on the normal course purchase exemption\n under Multilateral Instrument 62-104 Take-Over Bids and Issuer Bids.  Mr. Grant's offer to acquire common shares of Vitality is an exempt\n take-over bid as it satisfies all of the conditions of the normal\n course purchase exemption.  These conditions are:\n\n\n\n\n     (1)     \n\n\nMr. Grant's bid is not more than 5% of the outstanding common shares of\n Vitality as he purchased 0.06% of the outstanding common shares;\n\n\n\n\n     (2)    \n\n\nThe aggregate number of Vitality common shares acquired in reliance on\n this exemption by Mr. Grant within any period of 12 months doe...