OTCPK:SXGDF - Post by User
Post by
ALTOGETHERon Apr 27, 2011 9:44pm
543 Views
Post# 18498021
Samex Mining investor Sasco Partners adds to holdi
Samex Mining investor Sasco Partners adds to holdiAre these guys good for us? They are getting a big chunk now aren't they?
2011-04-27 17:13 ET - News Release
Mr. Sasan Sadeghpour of Sasco Partners reports
ACQUISITION OF COMMON SHARES OF SAMEX MINING CORP. (THE "ISSUER")
Sasco Partners, LP, of Suite 1107 -- 2001 Kirby Dr., Suite 1107, Houston, Tex., 77019, pursuant to National Instrument 62-103, has acquired 2,464,800 common shares of the issuer representing 2 per cent of the outstanding common shares of the issuer at an average price of $1.30 per share. This acquisition increases the number of common shares owned or controlled by Sasco together with those already held by its general manager, Sasan Sadeghpour, to 25,618,468 common shares representing 20.79 per cent of its issued and outstanding common shares. The acquisition took place by way of normal brokerage transactions on the TSX Venture Exchange and was made for investment purposes. Sasco intends to make further acquisitions of securities of the issuer from time to time as and when opportunities to do so on favourable terms and conditions become available. For further information or a copy of the report of the acquisition filed with regulatory authorities, please contact Leschert & Company (Allen D. Leschert) at 604-687-0073.