Mr. Edward Parker, an investor, reports
Edward Parker acquired on June 8, 2018, ownership of 3,527,000 units of Softrock Minerals Ltd., each unit consisting of one common share in the capital of the issuer and one share purchase warrant, each warrant entitling the purchase of one common share in the capital of the issuer at a per-share price of five cents for a period of 24 months. The 3,537,000 common shares acquired increased Mr. Parker's percentage ownership by approximately 9 per cent.
Immediately before the transactions that triggered the requirement to issue this release, Mr. Parker owned 1,228,000 common shares of the issuer, representing approximately 5.2 per cent of the issuer's then issued and outstanding common shares. Immediately after the transactions that triggered the requirement to issue this release, Mr. Parker owns 4,755,000 common shares of the issuer, representing approximately 12.2 per cent of the issuer's issued and outstanding common shares, and owns warrants entitling the purchase of an aggregate 3,527,000 common shares of the issuer; or, assuming exercise of the warrants, a total of 8,282,000 common shares or approximately 19.5 per cent of the issuer's common shares on a postconversion beneficial ownership basis.
Mr. Parker will evaluate the investment in the issuer and may increase or decrease the investment by future acquisitions or dispositions of securities of the issuer at his discretion, as circumstances warrant. As of the date of this release, Mr. Parker has no immediate future intention to acquire additional securities of the issuer or dispose of securities of the issuer that he owns. He may, in the future, exercise warrants that he owns and, thus, acquire further common shares in the capital of the issuer.
A report respecting this acquisition will be electronically filed with the securities commission in each jurisdiction where the issuer is reporting and will be available for viewing through the Internet at SEDAR. For a copy of the report, please contact Mr. Parker at 403-509-1900.
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