RE: When Sam Magid Finder's Fees exceed Endeavour6 out of 6 times...can not say I did not warn you that Sam Magid appears to be the man
PENINSULA MERCHANT SYNDICATIONS CORP. ACQUIRES 19.2% OF WESTWARD EXPLORATIONS LTD.
VANCOUVER, Dec. 17 /CNW/ - Peninsula Merchant Syndications Corp. ("Peninsula") is issuing this press release pursuant to the early warningrequirements of applicable securities laws in Canada with respect toWestward Explorations Ltd. (the "Issuer").
Pursuant to a private transaction, Peninsula has acquired ownership andcontrol over 20,000,000 common shares of the Issuer (the "Shares"), representing approximately 19.2% of the outstanding Shares of theIssuer, for an aggregate purchase price of $2.25 million.
Peninsula acquired the Shares for investment purposes. Peninsula may,depending on market and other conditions, acquire additional securitiesof the Issuer or dispose of all or any of its securities of the Issuer,through market transactions, private agreements or otherwise.
Peninsula Merchant Syndications Corp. is a private merchant bankcontrolled by Sam Magid.