Early warning report.... Quest CapitalQuest Capital Corp. ("Quest") acquired 1,586,667 shares (the "Shares") of Choice Resources Corp. ("Choice") through the facilities of the TSX Venture Exchange. Quest currently owns, directs and has control over 7,054,099 common shares (the “Common Shares”) in the capital of Choice which represents ownership and control of approximately 15.13% of the issued and outstanding common shares of Choice and 2,710,000 warrants (the “Warrants”) to purchase 2,710,000 shares (the “Warrant Shares”) of Choice. The Common Shares, together with the Warrant Shares issuable upon exercise of the Warrants, represent ownership and control of approximately 19.79% of the currently issued and outstanding common shares of Choice on a partially diluted basis, assuming the exercise of the Warrants only.
Quest may acquire or dispose of its beneficial ownership, control or direction over securities through market transactions, private placements, treasury issuances or otherwise as circumstances or market conditions warrant or arise.