CALGARY, July 9 /CNW/ - This announcement relates to the holdings of A. Gordon Stollery ("Gordon Stollery") in Canada Fluorspar Inc. (TSXV: CFI) (the "Issuer").
Gordon Stollery announces that on June 24, 2009, he disposed of 1,500,000 common shares of the Issuer at a price of $0.40 per share to an arm's length third party through the facilities of the TSX Venture Exchange. Following this disposition, Gordon Stollery's security holding percentage in the Issuer decreased to approximately 29.5% of the issued and outstanding common shares of the Issuer.
Gordon Stollery has no present intention of acquiring any additional common shares of the Issuer, however, this intention may change in the future depending on the circumstances.
In connection with the disposition of the common shares, Gordon Stollery is relying on the exemption from a prospectus requirement for a trade by a control person contained in Section 2.8 of National Instrument 45-102 - Resale of Securities. Prior to the disposition of the common shares, Gordon Stollery was a "control person" of the Issuer as that term is defined in the Securities Act (Alberta).
For further information and to obtain a copy of the report filed under National Instrument 62-103 in connection with the Amalgamation please contact Gordon Stollery at (905) 887-0090 or visit www.sedar.com.
A. Gordon Stollery
c/o 1500, 407 - 2nd St. SW
Calgary, AB T2P 2Y3
"Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release."