Business NewsMarketWire • Early Warning Report on Kingsway Arms Retirement Residences Holdings

Early Warning Report on Kingsway Arms Retirement Residences Holdings

Early Warning Report on Kingsway Arms Retirement Residences Holdings

TORONTO, ONTARIO--(Marketwired - Nov. 17, 2014) - Joseph Schillaci (the "Offeror") announces that as of November 14, 2014, he has acquired an aggregate of 390,000 Common Shares in the capital of Kingsway Arms Retirement Residences Inc. (TSX VENTURE:KWA)(the "Company"). Acquisitions have been completed in the market through the TSX Venture Exchange or other Canadian stock markets, the most recent acquisition occurring at a price of $0.025 per share. As a result, the Offeror now owns 2,242,000 Common Shares representing approximately 12.53% of the issued and outstanding Common Shares of the Company.

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