Capstone Mining investor acquires 6.28 milllion shares
Capstone Mining investor acquires 6.28 milllion shares
Friday January 15 2016 - News
Mr. Sam Parrotta of GRM reports GRM INVESTMENTS LTD. ACQUIRES COMMON SHARES OF CAPSTONE MINING CORP. On Jan. 15, 2016, GRM Investments Ltd. acquired an aggregate of 6,287,500 common shares of Capstone Mining Corp. at a price of 30.2 cents per share, representing 1.65 per cent of the issuer's issued and outstanding common shares. Immediately after the acquisition, GRM beneficially owns and controls an aggregate of 43,283,761 common shares of the issuer, representing approximately 11.33 per cent of the issuer's issued and outstanding common shares. GRM acquired the shares on the open market through the facilities of the Toronto Stock Exchange. The common shares acquired by GRM are held for investment purposes. GRM will review its investment in the issuer's common shares on a continuing basis, and such holdings may be increased or decreased in the future. GRM may in the future acquire or dispose of common shares of the issuer, through the open market, privately or otherwise, as circumstances or market conditions dictate. GRM will file an early warning report pursuant to National Instrument 62-103 (the early warning system and related takeover bid and insider reporting issues) describing the above transactions with applicable securities regulatory authorities, a copy of which will be available on SEDAR. 2016 Canjex Publishing Ltd. ________________________________________