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Kobex Capital Corp V.KXM

"Kobex Minerals Inc was formed on September 17, 1979 in Canada, formerly Kobex Minerals Inc. It is an investment company. The Company's investment objectives is high return investment opportunities in the natural resource sector and preserve capital and limit downside risk by targeting opportunities with attractive risk to reward profiles."


TSXV:KXM - Post by User

Post by avispaon Sep 10, 2015 5:07am
277 Views
Post# 24091683

Kingsway buys in

Kingsway buys inTORONTO, Sept. 9, 2015 /CNW/ - On September 9, 2015, Kingsway Financial Services Inc. (Kingsway), acquired ownership and control over 4,299,500 common shares (the Acquired Shares) of Kobex Capital Corp. (Kobex) at a price of $0.65 per share, representing approximately 9.45% of the issued and outstanding common shares of Kobex (Common Shares) based on 45,481,387 Common Shares issued and outstanding as of August 19, 2015 as stated by Kobex in its management discussion & analysis for the second financial quarter ended June 30, 2015 (the Outstanding Kobex Common Shares). After giving effect to the acquisition of the Acquired Shares, Kingsway owns and controls an aggregate of 5,944,500 Common Shares, representing approximately 13.07% of the Outstanding Kobex Common Shares.
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