07:09:46 EDT Tue 30 Apr 2024
Enter Symbol
or Name
USA
CA



Cassidy Gold Corp (2)
Symbol CDX
Shares Issued 84,601,229
Close 2014-10-30 C$ 0.035
Market Cap C$ 2,961,043
Recent Sedar Documents

ORIGINAL: Cassidy Gold shareholder acquires 122.18 million shares

2014-10-31 13:23 ET - News Release

Received by email:

File: Press Release (AI CDX PP Oct2014).doc

PRESS RELEASE
This press release is issued pursuant to Multilateral Instrument 62-104 - Take-Over Bids and Issuer Bids and National 
--->Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.
Vancouver, British Columbia - October 31, 2014 - Alchemists Incorporated ("AI") of Kuala Lumpur, Malaysia, has acquire
--->d ownership of 122,188,000 common shares in the capital of Cassidy Gold Corp. (the "Issuer") representing approximatel
--->y 59.1% of the Issuer's issued and outstanding common shares.  The shares were acquired for investment purposes by cas
--->h subscription at a per share price of C$0.05 through a private placement offering conducted by the Issuer and were is
--->sued from the Issuer's treasury.  In addition to the shares acquired, AI is the grantee under a US$12,000,000 converti
--->ble debenture, which is convertible into common shares of the Issuer at the option of AI at a deemed price of C$0.05 p
--->er share, in accordance with the terms of the convertible debenture.  Assuming the debenture is fully funded and assum
--->ing conversion of the debenture based on a nominal Bank of Canada foreign exchange rate, AI would own an aggregate of 
--->approximately 389,452,000 common shares or approximately 82.2% of the Issuer's common shares on a post-conversion (par
--->tially diluted) beneficial ownership basis.  These security holdings will be evaluated by AI and the investment increa
--->sed or decreased as circumstances warrant.  
A report respecting this acquisition will be filed with the Securities Commission in each jurisdiction where the Issue
--->r is reporting and will be available for viewing through the Internet at the Canadian System for Electronic Document A
--->nalysis and Retrieval (SEDAR) at www.sedar.com.  
Alchemists Incorporated
By:
(signed) "Authorized Signatory"



File: Press Release (AI CDX PP Oct2014).pdf

                                  PRESS RELEASE

This press release is issued pursuant to Multilateral Instrument 62-104 � Take-Over Bids
and Issuer Bids and National Instrument 62-103 � The Early Warning System and
Related Take-Over Bid and Insider Reporting Issues.

Vancouver, British Columbia � October 31, 2014 � Alchemists Incorporated ("AI") of
Kuala Lumpur, Malaysia, has acquired ownership of 122,188,000 common shares in the
capital of Cassidy Gold Corp. (the "Issuer") representing approximately 59.1% of the
Issuer's issued and outstanding common shares. The shares were acquired for investment
purposes by cash subscription at a per share price of C$0.05 through a private placement
offering conducted by the Issuer and were issued from the Issuer's treasury. In addition
to the shares acquired, AI is the grantee under a US$12,000,000 convertible debenture,
which is convertible into common shares of the Issuer at the option of AI at a deemed
price of C$0.05 per share, in accordance with the terms of the convertible debenture.
Assuming the debenture is fully funded and assuming conversion of the debenture based
on a nominal Bank of Canada foreign exchange rate, AI would own an aggregate of
approximately 389,452,000 common shares or approximately 82.2% of the Issuer's
common shares on a post-conversion (partially diluted) beneficial ownership basis.
These security holdings will be evaluated by AI and the investment increased or
decreased as circumstances warrant.

A report respecting this acquisition will be filed with the Securities Commission in each
jurisdiction where the Issuer is reporting and will be available for viewing through the
Internet at the Canadian System for Electronic Document Analysis and Retrieval
(SEDAR) at www.sedar.com.

Alchemists Incorporated

By:

(signed) "Authorized Signatory"
 


© 2024 Canjex Publishing Ltd. All rights reserved.