|
Eco Oro shareholder Amber increases holdings to 20.8%
2012-09-24 15:22 ET - News Release
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.
Here is a sample of this item:
Mr. Samuel Rubin of Amber Capital reports
AMBER CAPITAL LP: PRESS RELEASE AND EARLY WARNING REPORT
On Sept. 21, 2012, Amber Capital LP, on behalf of Amber Global Opportunities Master Fund Ltd.; PM Manager Fund SPC, on behalf of and for the account of Segregated Portfolio 22; and Amber Latin America LLC, on behalf of and for the account of Series One and Series Three, which are investment funds managed by it; acquired ownership and control of 1.8 million common shares of Eco Oro Minerals Corp. (formerly Greystar Resources Ltd.). The acquired shares represent approximately 2.14 per cent of the issued and outstanding common shares of the company (based upon the 84,228,421 common shares stated to be outstanding as of Aug. 9, 2012, by the company in the company's management's discussion and analysis for the six months ended June 30, 2012, filed with Canadian securities regulators on Aug. 9, 2012).
After giving effect to the acquisition, the offeror beneficially owns and controls 17,484,143 common shares in the capital of the company, representing in the aggregate approximately 20.8 per cent of the outstanding common shares of the company (based upon the 84,228,421 common shares stated by the company to be outstanding as of Aug. 9, 2012).
|