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ESI Environmental investor Avis sells all shares

2020-08-10 19:53 ET - News Release

Mr. Pieter Danielsson reports

DISPOSITION OF COMMON SHARES OF E.S.I. ENVIRONMENTAL SENSORS INC.

Avis Financial Corp. has disposed of 10,138,533 common shares of ESI Environmental Sensors Inc., representing approximately 49.8 per cent of the current issued and outstanding common shares of the issuer. Following completion of the disposition, Avis no longer has ownership and control of any securities of the issuer.

The securities were disposed of in private transactions, and Avis did not receive any direct consideration in connection with the disposition. Avis has no present intention to acquire securities of the issuer, although it may elect to in the future as circumstances or market conditions warrant.

For further information and to obtain a copy of the early warning report filed under applicable Canadian provincial securities legislation in connection with the disposition by Avis, please go to the issuer's profile on SEDAR or contact Pieter Danielsson, president.

The issuance of this news release is not an admission that an entity named in the news release owns or controls any described securities or is a joint actor with another named entity.

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