Business News • MarketWire • Aeonian Capital Corporation Completes Sale of Shares of A.I.S. Resources Limited |
Aeonian Capital Corporation Completes Sale of Shares of A.I.S. Resources Limited |
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Aeonian Capital Corporation Completes Sale of Shares of A.I.S. Resources Limited
CALGARY, ALBERTA--(Marketwired - Feb. 5, 2014) - Pursuant to the early warning requirements of applicable securities laws, Aeonian Capital Corporation ("Aeonian"), a corporation controlled by C. Alan Smith ("CAS"), announces that it, together with William (Bill) H. Smith ("WHS"), a director of Aeonian, have sold an aggregate of 1,500,000 common shares ("AIS Shares") of A.I.S. Resources Limited ("AIS"), a company listed on the NEX Board (the "NEX Board") of the TSX Venture Exchange, representing approximately 37.4% of the issued and outstanding AIS Shares. Specifically, Aeonian and WHS sold an aggregate of 1,320,000 AIS Shares and 180,000 AIS Shares, respectively. After giving effect to the sale, Aeonian beneficially owns 550,000 AIS Shares and WHS beneficially owns 182,000 AIS Shares, representing approximately 13.7% and 4.5% of the issued and outstanding AIS Shares, respectively (732,000 AIS Shares, or approximately 18.3% of the issued and outstanding AIS Shares, in the aggregate). The transactions giving effect to the foregoing occurred over the facilities of the NEX Board and pursuant to a private agreement, and were completed in furtherance of Aeonian's, CAS' and WHS' investment objectives. Aeonian, CAS and WHS may, from time to time, as market opportunities exist or develop, increase or decrease their beneficial ownership in AIS Shares as permitted by applicable securities laws.
View More : http://www.marketwired.com/mw/release.do?id=1876259&sourceType=3
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