Business News • MarketWire • Richard Besner Increases His Participation in Rodocanachi Capital Inc. |
Richard Besner Increases His Participation in Rodocanachi Capital Inc. |
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Richard Besner Increases His Participation in Rodocanachi Capital Inc.
MONTREAL, QUEBEC--(Marketwire - Oct. 7, 2010) - Rodocanachi Capital Inc. ("Rodocanachi") (TSX VENTURE:ROD.P), Richard Besner announces that he acquired, subject to the TSXV Venture Exchange approval, a total of 400,000 escrowed common shares (the "Common Shares") in the share capital of Rodocanachi representing approximately 5.13% of the issued and outstanding Common Shares of the Corporation at a price of CAD$0.05 per share for an aggregate consideration of CAD$20,000. The Common Shares were acquired in reliance upon the prospectus and registration exemption contained in section 2.5 of Regulation 45-106 respecting Prospectus and Registration Exemptions.
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