Business NewsMarketWire • C.D.R. Development Inc. Transfers 2,843,500 Common Shares of Gulf

C.D.R. Development Inc. Transfers 2,843,500 Common Shares of Gulf

C.D.R. Development Inc. Transfers 2,843,500 Common Shares of Gulf

PROVOST, ALBERTA--(Marketwired - Jan. 13, 2017) - C.D.R. Development Inc. ("CDR") announced that on January 12, 2016, pursuant to a private transaction, it transferred 2,843,500 common shares (the "Common Shares") of Gulf & Pacific Equities Corp. ("Gulf") to Dwayne Ross, a director, officer and shareholder of CDR, at a deemed price of $0.195 per Common Share for a deemed consideration of $554,482.50.

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