03:36:26 EDT Tue 23 Apr 2024
Enter Symbol
or Name
USA
CA



DuSolo Fertilizers Inc
Symbol DSF
Shares Issued 130,294,385
Close 2015-10-06 C$ 0.09
Market Cap C$ 11,726,495
Recent Sedar Documents

ORIGINAL: DuSolo investor acquires 7.96 million company shares

2015-10-06 19:20 ET - News Release

Received by email:

File: EWnewreleaseoct62015.pdf

                                                                                                 6 October, 2015



                              TEMBO CAPITAL MINING FUND LP
                         ACQUIRES ADDITIONAL COMMONS SHARES OF
                                DUSOLO FERTILIZERS INC.


Tembo Capital Mining Fund LP, of Carinthia House, 9-12 The Grange, St. Peter Port, Guernsey, GY1 4BF UK,
announces that pursuant to a non-brokered private placement (the "Offering") of DuSolo Fertiliers Inc.
("DuSolo") of common shares which closed on 1 October, 2015, Tembo Capital Mining Fund LP acquired
7,965,000 common shares of DuSolo at a price of CAD $0.10 per share for a total subscription price of
CAD$796,500. As part of the Offering, for each common share acquired, Tembo Capital Mining Fund LP also
received one half common share purchase warrant ("Warrant"). Each whole Warrant entitles the holder to
acquire one common share at an exercise price of CAD $0.15 for a period of 36 months from closing.

Immediately following the closing of the Offering, Tembo Capital Mining Fund LP had beneficial ownership of,
and control and discretion over, directly or indirectly, 28,063,519 Common Shares, or approximately 18.15% of
the issued and outstanding common shares of DuSolo, and 3,982,500 Warrants.

Tembo Capital Mining Fund LP is an "Accredited Investor" and therefore, DuSolo relied on the exemption from
prospectus and registration requirements in connection with the foregoing transaction, contained in Section 2.3 of
National Instrument 45-106   Prospectus and Registration Exemptions.

Tembo Capital Mining Fund LP acquired beneficial ownership of, and control or discretion over, the Common
Shares and Warrants that are the subject of this report for investment purposes and intends to review its
investment in DuSolo on a continuing basis.

For further information, or to obtain a copy of the subject early warning report filed by Tembo Capital Mining
Fund LP in accordance with applicable Canadian securities laws, please contact Paul Siveyer at +44-207-917-
2805.




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