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Enter Symbol
or Name
USA
CA



Auxellence Health Corp
Symbol AID
Shares Issued 105,379,284
Close 2014-09-16 C$ 0.01
Market Cap C$ 1,053,793
Recent Sedar Documents

Auxellence investor Munro increases holdings to 9.46%

2014-09-20 02:29 ET - News Release

Mr. James Munro reports

AUXELLENCE HEALTH EARLY WARNING REPORT

James Scott Munro, Audrey Munro, Intrinsic Venture Corp. and Embella Holdings Ltd. have acquired common shares and share purchase warrants pursuant to Section 2.12 of National Instrument 45-106 (prospectus and registration exemptions) in connection with Auxellence Health Corp.'s recently announced non-brokered private placement of units of Auxellence at a price per unit of five cents, with each unit consisting of one common share and one common share purchase warrant of the company, with each such warrant entitling the holder to purchase an additional common share of the company at a price of 10 cents. All such securities issued by the company are subject to a four-month statutory hold period.

As a result of the foregoing, the securityholder acquired 6.53 million common shares and 6.53 million share purchase warrants.

Prior to the private placement, the securityholder beneficially owned 3,410,500 common shares and also has the option to acquire 30,000 common shares of Auxellence from a third party shareholder.

As a result of the private placement, the securityholder acquired 6.53 million units, and now the securityholder beneficially owns 9,970,500 common shares or 9.46 per cent of the company's current issued and outstanding common shares, representing 105,379,284 common shares. Should the securityholder exercise the warrants in full to purchase an additional 6.53 million common shares and exercise the option to acquire the other 30,000 common shares, and assuming exercise of all other outstanding warrants or options to acquire common shares, the securityholder then would beneficially own 16,500,500 common shares or 12.85 per cent of the company's then fully diluted issued and outstanding common shares, representing 128,380,884 common shares. The securityholder has acquired the common shares for investment purposes.

This press release is being issued pursuant to National Instrument 62-103 (the early warning system and related takeover bid and insider reporting issuers), which requires a report to be filed under the corporation's profile on SEDAR containing additional information respecting the foregoing matters.

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