17:43:42 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



North Group Finance Ltd (2)
Symbol NOR
Shares Issued 2,935,175
Close 2016-05-16 C$ 0.055
Market Cap C$ 161,435
Recent Sedar Documents

North Group investor Costa acquires 793,939 shares

2016-09-29 01:34 ET - News Release

Ms. Traci Costa, a shareholder, reports

TRACI COSTA ANNOUNCES ACQUISITION OF COMMON SHARES AND SHAREPURCHASE WARRANTS OF PEEKABOO BEANS INC.

Traci Costa has acquired ownership and control of 793,939 common shares and 43,516 share purchase warrants in the capital of Peekaboo Beans Inc. (formerly, North Group Finance Ltd.). The acquired shares and the acquired warrants were acquired as part of the reverse takeover of the company, as announced on Sept. 26, 2016. The acquired securities are subject to surplus escrow release restrictions pursuant to the policies of the TSX Venture Exchange.

Prior to the acquisition, Ms. Costa did not have ownership and control over any securities of Peekaboo. Following the acquisition, Ms. Costa attained ownership and control over 793,939 common shares of Peekaboo, representing approximately 11.7 per cent of the currently issued and outstanding Peekaboo shares, and 43,516 share purchase warrants of Peekaboo. The acquired warrants are convertible into 43,516 Peekaboo shares on or before Sept. 30, 2017, at an exercise price of $1.25 per Peekaboo share, representing approximately 0.64 per cent of the currently issued and outstanding Peekaboo shares. Assuming the exercise of all the acquired warrants, Ms. Costa would have ownership and control over 837,455 Peekaboo shares, or approximately 12.3 per cent of the then issued and outstanding Peekaboo shares.

Ms. Costa acquired the acquired securities for investment purposes only, and will review her investment on a continuing basis. Upon such review, depending upon such factors that Ms. Costa may, from time to time, deem relevant, Ms. Costa may, among other things, acquire additional securities of Peekaboo or dispose of some or all of the existing or additional securities Ms. Costa holds or will hold.

Ms. Costa is issuing this press release pursuant to the requirements of National Instrument 62-103. A copy of the related early warning report will be issued by Ms. Costa and will be filed on the SEDAR website under the profile for Peekaboo. For further information or to obtain a copy of the report, please contact Ms. Costa.

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