21:31:42 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



NTG Clarity Networks Inc
Symbol NCI
Shares Issued 56,102,355
Close 2020-05-04 C$ 0.015
Market Cap C$ 841,535
Recent Sedar Documents

NTG Clarity director Zaghloul acquires 9.3M shares

2020-05-07 12:11 ET - News Release

Mr. Ashraf Zaghloul reports

ASHRAF ZAGHLOUL ACQUIRES ADDITIONAL SHARES OF NTG CLARITY NETWORKS INC.

Ashraf Zaghloul has acquired 9.3 million common shares of NTG Clarity Networks Inc. by way of a shares-for-debt private placement at a price of 1.5 cents per share, for an aggregate purchase price of $139,500.

Prior to completion of the private placement, Mr. Zaghloul held 8,748,729 common shares and 350,000 options of NTG, which represented 15.59 per cent of common shares outstanding before giving effect to the options and 16.12 per cent of the outstanding common shares assuming exercise of the options. After giving effect to the private placement, Mr. Zaghloul held 18,048,729 common shares and 350,000 options, which represent 18.03 per cent of the common shares outstanding before giving effect to the options and 18.32 per cent of the outstanding common shares assuming exercise of the options.

The common shares were acquired for investment purposes. In the future, Mr. Zaghloul may, subject to applicable law, acquire or dispose of securities of NTG depending upon a number of factors, including but not limited to general market and economic conditions and other available investment opportunities.

© 2024 Canjex Publishing Ltd. All rights reserved.