Early Warning Report Issued Pursuant to National Instrument 62-103 in Respect of the Acquisition of Units of RSI International Systems Inc.

October 23, 2014 1:00 PM EDT | Source: Mario Grech

Toronto, Ontario--(Newsfile Corp. - October 23, 2014) - In accordance with regulatory requirements, Mario Grech announces that he has recently acquired 2,435,417 units of RSI International Systems Inc. (“RSI International”), with each unit consisting of one common share and one half share purchase warrant. Each whole warrant entitles the purchase of one additional common share of the Company at $0.25 per share for 24 months following the date of issuance.

Mario Grech currently holds 2,748,417 common shares and 1,435,208 warrants of RSI International, which represents 8.9% of RSI International’s currently outstanding common shares, and 12.9% of RSI International’s common shares on a partially diluted basis assuming full exercise of the warrants.

The securities acquired by Mario Grech referred to above are held for investment purposes. In the future, he may increase or decrease his ownership of securities of RSI International from time to time depending upon the business and future market conditions.

A copy of the early warning report filed pursuant to Regulation 62-103 may be obtained on www.sedar.com.

For further information, please contact:
Mario Grech
1-647-347-5081

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