Pacific Opportunity Capital Increases Share Position in Alianza Minerals
Pacific Opportunity Capital Ltd. announced that that between May 6, 2015 and July 3, 2015 the company and its controlling shareholder Mark Brown acquired ownership and control over 340,500 common shares of Alianza Minerals (TSXV:ANZ) in the public market at prices ranging from $0.20 to $0.28 per share. As quoted in the press release: The …
Pacific Opportunity Capital Ltd. announced that that between May 6, 2015 and July 3, 2015 the company and its controlling shareholder Mark Brown acquired ownership and control over 340,500 common shares of Alianza Minerals (TSXV:ANZ) in the public market at prices ranging from $0.20 to $0.28 per share.
As quoted in the press release:
The 342,000 common shares of the Company acquired by the Acquiror and Mr. Brown represent approximately 2.5% (basic and diluted) of the issued and outstanding common shares of the Company. Following the acquisition, the Acquiror and its controlling shareholder, together, owns and controls 2,333,800 common shares, 1,018,000 warrants and 150,000 options of the Company, representing approximately 16.94% (basic) and 23.43% (partially diluted) of the issued and outstanding common shares of the Company.
The Acquiror and its controlling shareholder acquired the common shares for investment purposes. The Acquiror and its controlling shareholder have no present intention to acquire ownership of, or control over, additional securities of the Company, but may choose to acquire additional securities of the Company in the future for investment purposes.
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