Original News Release
Anonymous Intelligence investor disposes of 1M warrants
Mr. Alnoor Nathoo, a shareholder, reports
EARLY WARNING PRESS RELEASE REGARDING THE DISPOSITION OF SECURITIES OF ANONYMOUS INTELLIGENCE COMPANY INC.
Alnoor Nathoo (the acquiror), acting in concert with another party (the joint actor) has disposed of an aggregate of one million warrants of Anonymous Intelligence Company Inc. pursuant to a private agreement. Each warrant entitles the holder purchase one common share in the capital of the company at an exercise price of 10 cents per share.
Prior to the disposition, the acquiror beneficially owned and exercised control and direction over 7,349,750 shares and 2.1 million warrants, representing approximately 21.75 per cent of the issued and outstanding shares on a non-diluted basis and 19.36 per cent on a fully diluted basis. Following the disposition, the acquiror beneficially owns and exercises control and direction over 7,349,750 shares and 1.1 million warrants, representing approximately 21.75 per cent of the issued and outstanding shares on a non-diluted basis and 17.31 per cent on a fully diluted basis.
The acquiror disposed the securities for investment purposes and continues to have a long-term view of its investment in the issuer. The acquiror intends to review its investment in the issuer on a continuing basis and may, from time to time, increase or decrease its ownership, control, direction or economic exposure over securities of the issuer, whether in the open market or through private transactions, depending on market conditions, the acquiror's investment objectives and other relevant factors and subject to applicable securities laws. The acquiror may, from time to time, acquire additional shares and/or other equity, debt or other securities or instruments of the issuer and reserves the right to dispose of any or all of its holdings in the open market or otherwise, at any time and from time to time, based on market conditions, the business and prospects of the issuer and other relevant considerations, in each case in compliance with applicable securities laws.
An early warning report has been filed by the acquiror under applicable securities laws and is available on the company's SEDAR+ profile. A copy of the early warning report may also be obtained by contacting the acquiror at [email protected].
This news release is being disseminated as required by National Instrument 62-103, The Early Warning System and Insider Reporting Issues.
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