Business News • MarketWire • Norvista Capital Announces Equity Interest in Nevada Zinc Corporation |
Norvista Capital Announces Equity Interest in Nevada Zinc Corporation |
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Norvista Capital Announces Equity Interest in Nevada Zinc Corporation
TORONTO, ONTARIO--(Marketwired - Nov. 24, 2016) - Norvista Capital Corporation ("Norvista") (TSX VENTURE:NVV) announces that on November 23, 2016, it acquired 99,000 common shares (the "Shares") of Nevada Zinc Corporation ("Nevada Zinc") (TSX VENTURE:NZN) at an average price of $0.40 per Share through the facilities of the TSX Venture Exchange ("TSX VENTURE"). After giving effect to this purchase, Norvista now beneficially owns 8,717,499 Shares and controls and directs 666,666 Shares through Norvista Capital I Limited Partnership, which in the aggregate amounts to 9,384,165 Shares and represents approximately 14.08% of Nevada Zinc's issued and outstanding Shares. As a result of this purchase, the number of Shares Norvista beneficially owns, or exercises control or direction over, has increased by more than 2% since the early warning report dated December 15, 2015, which was filed by Norvista in accordance with National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.
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