Early Warning Press Release
Early Warning Press Release
This press release is issued pursuant to Multilateral Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issuers.
本新聞稿是根據多邊文書62-104--接管投標和發包人投標和國家文件62-103--早期預警系統和相關的收購報價和內幕報告發行人。
Toronto, Ontario--(Newsfile Corp. - June 30, 2022) - On June 29, 2022, OSF Management ("OSF") (with an address at 30 de Castro Street, Wickhams Cay 1 Road Town, Tortola, British Virgin Islands), announces that it has acquired an aggregate of 7,000 common shares ("Common Shares") of FRNT Financial Inc. (the "Company") on the TSX Venture Exchange at an average price of $0.935 per Common Share, for an aggregate purchase price of $6,545 (the "Purchase"). The Common Shares were acquired pursuant to the Normal Course Purchase Exemption set out in NI 62-104 Take-Over Bids and Issuer Bids ("NI 62-104").
安大略省多倫多-(Newsfile Corp.-2022年6月30日)-2022年6月29日，OSF Management(OSF)(地址為英屬維爾京羣島託爾托拉威克漢姆斯礁1路小鎮德卡斯特羅街30號)，宣佈已收購總計7,000股普通股(普通股FRNT Financial Inc.(The“公司“)在多倫多證券交易所創業板上市，平均價格為每股普通股0.935美元，總購買價為6,545美元(”購買“)。普通股是根據NI 62-104規定的正常程序購買豁免獲得的。接管投標和發行人投標 ("NI 62-104").
As defined under NI 62-104, OSF may be considered to be acting jointly with Stephane Ouellette ("Ouellette") and Adam Rabie ("Rabie" and, together with OSF and Ouellette, the "Group"), both of whom are directors of OSF and the Company. Mr. Rabie also owns more than 10% of the outstanding securities of OSF. Immediately prior to the Purchase, Mr. Ouellette's ownership of Common Shares represented ownership of approximately 30.75% and 25.03% of the issued and outstanding Common Shares on an un-diluted and fully-diluted basis, respectively. Immediately prior to the Purchase, Mr. Rabie's ownership of Common Shares represented approximately 22.15% and 18.03% of the issued and outstanding Common Shares on an un-diluted and fully-diluted basis, respectively. Neither Mr. Rabie nor Mr. Ouellette purchased any Common Shares personally in connection with the Purchase.
根據NI 62-104的定義，OSF可被視為與Stephane Ouellette(“歐萊特“)和Adam Rabie(”拉比而且，與OSF和Ouellette一起，集團化“)，兩人均為OSF及本公司的董事。拉比還持有OSF 10%以上的已發行證券。緊接在收購之前，歐萊特先生對普通股的所有權相當於在未稀釋和完全稀釋的基礎上分別擁有約30.75%和25.03%的已發行和已發行普通股的所有權。就在收購之前，拉比先生持有的普通股在未稀釋和完全稀釋的基礎上分別約佔已發行普通股和已發行普通股的22.15%和18.03%。拉比和歐萊特都沒有親自購買任何與此次收購相關的普通股。
Immediately prior to the Purchase, OSF owned no Common Shares. On June 29, 2022, OSF purchased 7,000 Common Shares, representing approximately 0.02% and 0.016% of the issued and outstanding Common Shares on an un-diluted and fully-diluted basis, respectively, immediately following the Purchase. Immediately following the Purchase, the Group's collective ownership of Common Shares represented ownership of approximately 52.92% and 43.08% of the issued and outstanding Common Shares on an un-diluted and fully-diluted basis, respectively.
就在收購之前，OSF沒有普通股。於2022年6月29日，OSF購入7,000股普通股，按未攤薄及完全攤薄計算，分別佔已發行及已發行普通股約0.02%及0.016%。緊隨收購後，本集團對普通股的集體所有權按未攤薄及完全攤薄分別佔已發行及已發行普通股的約52.92%及43.08%。
OSF carried out the Purchase for investment purposes. OSF may from time to time increase or decrease ownership or control of the securities of the Company depending on market conditions and/or other relevant factors.
OSF出於投資目的進行了此次收購。OSF可能會根據市場情況和/或其他相關因素，不時增加或減少對公司證券的所有權或控制權。
A copy of the early warning report for the Purchase has been filed on .
購買的早期預警報告的副本已於8月1日提交。
For more information, or to obtain a copy of the early warning report, please contact:
欲瞭解更多信息，或獲取預警報告副本，請聯繫：
Stephane Ouellette
OSF Management
Director
Phone: 437-253-3747
斯蒂芬·歐萊特
OSF管理
董事
電話：437-253-3747
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
不得分發給美國新聞通訊社或在美國境內傳播
To view the source version of this press release, please visit
要查看本新聞稿的源版本，請訪問