19:46:00 EDT Sat 11 May 2024
Enter Symbol
or Name
USA
CA



Gener8 Media Corp
Symbol GNR
Shares Issued 7,142,460
Close 2014-04-22 C$ 1.20
Market Cap C$ 8,570,952
Recent Sedar Documents

Gener8 investor Armes acquires 1.36 million shares

2014-04-22 18:44 ET - News Release

Mr. Roderick Armes reports

EARLY WARNING REPORT ISSUED PURSUANT TO NI 62-103: ACQUISITION OF SHARES OF GENER8 MEDIA CORP.

On April 11, 2014, Gener8 Media Corp. closed an amalgamation with Gener8 Investments Ltd. and 0986125 BC. Ltd. The amalgamation resulted in a share-for-share exchange, where the Class A shares and Class B shares in the capital of Gener8 Investments were exchanged for common shares of the issuer. As a result of the amalgamation, Roderick Armes acquired beneficial ownership of 1,368,371 common shares in the capital of the issuer. The offeror owns 1,368,371 common shares directly and exercises control and direction of an additional 3,866,555 common shares of the issuer through the Armes Family Trust. The 5,234,926 common shares represent 11.45 per cent of the issued and outstanding common shares of the issuer on a non-diluted basis. The offeror also holds options to purchase 150,000 shares of the issuer. Assuming the exercise of those options, the offeror would own directly, or have control and direction over, an aggregate of 5,384,926 common shares of the issuer, or 11.78 per cent. Prior to the amalgamation, Mr. Armes had sole voting and investment power over 5,877,598 common shares of the issuer owned by Gener8 Investments. The offeror acquired the shares that are the subject of this early warning report for investment purposes. The offeror may, depending on various factors, including, without limitation, market and other conditions, increase or decrease his beneficial ownership, control, or direction over shares or other securities of the issuer, through market transactions, private agreements, treasury issuances, exercises of convertible securities or otherwise.

A copy of the early warning report disclosing the transaction can be obtained on SEDAR.

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