Vanity Capital investor Beruschi picks up 2.8M units

Executive Summary

• Anthony Beruschi acquired 2.8 million units of Vanity Capital Inc. in a private placement, triggering an early warning report due to his ownership exceeding 10% of the issued and outstanding common shares (on a non-diluted basis) or significant influence.
• The acquisition was made at a price of $0.01 per unit, totaling $28,000 in gross proceeds.
• The transaction significantly increased Mr. Beruschi's stake, moving from 0% to approximately 9.82% of common shares (non-diluted) and 14.05% when assuming the exercise of all associated warrants.

Key Details

• Acquirer: Anthony Beruschi (Investor)
• Target Company: Vanity Capital Inc.
• Transaction Date: August 18, 2025
• Security Type: Units, each consisting of one common share and one-half of one share purchase warrant.
• Quantity Acquired: 2.8 million units.
• Price Per Unit: $0.01 CAD.
• Total Consideration: $28,000 CAD.
• Warrant Terms: Each whole warrant entitles the holder to purchase one additional common share at an exercise price of $0.05 per share.
• Warrant Duration: One year.
• Pre-Transaction Ownership: 0% (Mr. Beruschi did not have ownership or control, directly or indirectly, of any securities prior to this transaction).
• Post-Transaction Ownership (Non-Diluted): Approximately 9.82% of issued and outstanding common shares.
• Post-Transaction Ownership (Diluted): Approximately 14.05% of issued and outstanding common shares, assuming the exercise of all 1.75 million warrants held by Mr. Beruschi.
• Purpose: Business reasons and investment purposes.
• Regulatory Filing: Early Warning Report filed under National Instrument 62-103.

Notable Quotes

• "Mr. Beruschi's participation in the private placement increased the percentage of Vanity's issued and outstanding common shares held by Mr. Beruschi by approximately 9.82 per cent on a non-diluted basis and increased by approximately 14.05 per cent assuming the exercise of all warrants held by Mr. Beruschi."