RE: Reputations and When a CEO director hold 29% of the float of HIS company, millions of them bought on the open market (some at .045), it shows a big sign of confidence in the co. and the will to make it succeed. I've seen so many p.o. s. over the year where Directors didn't even have a single share.
https://guardianex.com/Portals/0/documents/news/2012/Jul%204%202012%20GK%20acquires%20additional%20position%20in%20GX.pdf
GRAYDON KOWAL
ACQUIRES ADDITIONAL POSITION IN
GUARDIAN EXPLORATION INC.
PRESS RELEASE
FOR IMMEDIATE RELEASE
Calgary, Alberta, July 4, 2012 –
Graydon Kowal (“Kowal”) issues this press release pursuant to
Part 3 –
Early Warning Requirements of National Instrument 62-103 with respect to Guardian
Exploration Inc. (the “
Issuer” or “Guardian”).
On February 22, 2012 Graydon Kowal, President, CEO and a director of Guardian, acquired
through the TSX Venture Exchange 1,000,000 Guardian common shares (“Common Shares”) at
a price of $0.045 per Common Share. On June 15, 2012, Mr. Kowal acquired 27,000 Common
Shares through the TSX Venture Exchange at a price of $0.02 per Common Share. On June 28,
2012, Mr. Kowal acquired 2,277,000 Common Shares through the TSX Venture Exchange at a
price of $0.02 per Common Share. On June 29, 2012, Mr. Kowal acquired 1,000 Common
Shares through the TSX Venture Exchange at a price of $0.02 per Common Share.
The Common Shares acquired by Mr. Kowal represent approximately 4.4% of the current issued
and outstanding Common Shares of Guardian. Prior to these transactions, Mr. Kowal held an
aggregate of 15,573,853 Common Shares (20.9% of the outstanding Common Shares of
Guardian), options to purchase an additional 700,000 Common Shares upon exercise of options
(the “Options”) and warrants to purchase an additional 3,500,000 Common Shares upon exercise
of warrants (the “Warrants”) in the capital of Guardian, representing approximately 25.1% on a
partially diluted basis assuming the exercise of the Options and Warrants.
Following this transaction, Mr. Kowal will hold an aggregate of 18,878,853 Common Shares
(25.3% of the outstanding Common Shares of Guardian), Options to purchase an additional
700,000 Common Shares and Warrants to purchase an additional 3,500,000 Common Shares. If
Mr. Kowal was to exercise all of the Options and Warrants, it would represent a total of
23,078,853, or approximately 29.3% of the issued and outstanding capital of Guardian calculated
on a partially diluted basis assuming the exercise of the Options and Warrants.
These securities were acquired for investment purposes only. Depending on economic or market
conditions or matters relating to Guardian, Mr. Kowal may choose to either acquire additional
securities or dispose of securities of Guardian.
Graydon Kowal is the President, CEO and a director of Guardian.
For further information please contact:
Graydon Kowal
(403) 269-5870
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.