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by Stockwatch Business Reporter
The TSX Venture Exchange fell a fraction to 771.37 Wednesday. Tomorrow, David Danziger's new capital pool shell, Aumento Capital V Corp. (AMN), will list on the TSX-V. It is the first capital pool shell to list in November and the 17th this year. By this time last year twice as many capital pool shells, 34, had already made their way to the TSX-V. Canaccord Genuity sold the shell's $609,000 initial public offering of 1,015,000 shares at 60 cents.
Aumento Capital V has 833,332 shares in escrow that sold at 30 cents. Roger Daher, a 47-year-old pharmacist and a director of the shell, is the largest shareholder with 500,000 escrow shares. He owns six Pharmasave pharmacies in Ontario and was a founding director of two of Mr. Danziger's previous Aumento shells, Aumento Capital III Corp. and Aumento Capital IV Corp., which we will discuss in a moment. Paul Pathak, a lawyer at Chitiz Pathak LLP and a director of Aumento Capital V, is the second-largest shareholder with 166,666 escrow shares. Mr. Pathak was on the board of each of the previous Aumento capital pool shells. Mr. Danziger, the shell's 57-year-old founder and president, owns 100,000 escrow shares and is a partner at the accounting firm MNP LLP.
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