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ALTOGETHERon Apr 29, 2011 3:22pm
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Samex investor Sasco increases holdings to 22.79%
Samex investor Sasco increases holdings to 22.79%
Samex investor Sasco increases holdings to 22.79%
2011-04-29 14:20 ET - News Release
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Mr. Sasan Sadeghpour of Sasco Investments reports
ACQUISITION OF COMMON SHARES OF SAMEX MINING CORP.
Sasco Partners LP of Suite 1107 2001 Kirby Dr., Houston, Tex., 77019, pursuant to National Instrument 62-103 has acquired 2,464,800 common shares of Samex Mining Corp., representing 2 per cent of the outstanding common shares of the issuer at an average price of $1.37 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 28,083,268 common shares representing 22.79 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.
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