Vancouver, British Columbia--(Newsfile Corp. - December 8, 2023) - Nomad Resource Partners Inc. ("NRP") announced today that they had acquired an aggregate of 750,000 common shares ("Common Shares") in the authorized capital of 1287409 B.C. Ltd. ("409" or, the "Corporation"). NRP acquired the securities on December 7, 2023 pursuant to the closing of a private placement of 750,000 Common Shares of the Corporation for gross proceeds of $75.00 (the "Acquisition").
Prior to the Acquisition, NRP did not hold any shares in 409. As a result of the Acquisition, NRP now holds 750,000 Common Shares, representing approximately 16.67% of the Corporation's issued and outstanding Common Shares.
NRP acquired the Common Shares under the offering for private investment purposes and may increase or decrease its beneficial ownership or control over securities of 409 as circumstances or market conditions warrant.
This news release is issued pursuant to National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. A copy of the early warning report will appear with 409's documents on the Corporation's SEDAR+ profile at www.sedarplus.ca.
For further information or to request a copy of the early warning report, please contact:
Nomad Resource Partners Inc.
Attention: Joseph de la Plante
(514) 546-1070
Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. Securities Laws.
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