Earth Alive Clean Technologies Inc.: Control Block Transaction
February 24, 2016 8:15 PM EST | Source: Earth Alive Clean Technologies Inc.
Montreal, Quebec--(Newsfile Corp. - February 24, 2016) - Earth Alive Clean Technologies Inc. (CSE: EAC) ("Earth Alive") announces that Mr. David Gilmour, it's CEO and Director, has filed a Notice of Intent to Distribute Securities (Form 45-102F1) on SEDAR in relation to a private share purchase agreement pursuant to which he intends to sell 4,800,000 common shares he holds in Earth Alive, at the price of 0.35$ each, to Investissement Influx Anse Inc., a Corporation (previously known as Investissement One Drop Inc.) that currently holds 15.41% (17.68% on a diluted basis) of Earth Alive's outstanding securities. Mr. Gilmour currently holds 29,969,071 shares, 32.04% (32.43% diluted basis).
An Early Warning Report in respect to this transaction and all required disclosure shall be made in accordance with Multilateral Instrument 62-104. The transaction will be subject to compliance with CSE requirements and securities legislation.
For additional company information, please visit: www.earthalivect.com
The CSE has neither approved nor disapproved the contents of this press release. The CSE does not accept responsibility for the adequacy or accuracy of this release.
Earth Alive Clean Technologies Inc., | For more investor related information, |
1001, Lenoir Street, Suite B-338, | please contact: |
Montreal (Qc) Canada | For media information and interview |
H4C 2Z6 | requests, please contact: |
T.(438) 333-1680 | Mr. David Gilmour |
(e) dgilmour@earthalivect.com | |
(p) 514-814-2899 | |
For investor relations, please contact: | |
Mr. Frédérick Chabot | |
(e) frederick@contactfinanciel.com | |
(p) 438-863-7071 |