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HYTN Innovations Inc
Symbol HYTN
Shares Issued 67,369,837
Close 2024-01-10 C$ 0.09
Market Cap C$ 6,063,285
Recent Sedar Documents

HYTN Innovations holder Parmar acquires 140,000 shares

2024-01-12 18:50 ET - News Release

Mr. Elliot McKerr reports

AMAN PARMAR ANNOUNCES ACQUISITION OF COMMON SHARES OF HYTN INNOVATIONS INC.

On Jan. 11, 2024, Aman Parmar acquired ownership and control over 140,000 common shares in the capital of HYTN Innovations Inc. through 1428 Investments Inc. The shares were acquired through the facilities of the Canadian Securities Exchange at a per-share price of 8.26 cents for a total cost of $11,564.

Prior to the acquisition, Mr. Parmar, personally and through 1428 Investments, had ownership and control over 8,371,000 common shares in the capital of the company, representing approximately 12.42 per cent of the currently issued and outstanding common shares, along with 150,000 stock options of the company exercisable into common shares at a price of 35 cents per common share. Following the acquisition, Mr. Parmar, personally and through 1428 Investments, has ownership and control over 8,511,000 common shares, representing approximately 12.63 per cent of the currently issued and outstanding common shares. Assuming the exercise of all of the stock options of the company owned and controlled by Mr. Parmar, Mr. Parmar, personally and through 1428 Investments, would have ownership and control over 8,661,000 common shares, representing approximately 12.82 per cent of the currently issued and outstanding common shares (after giving effect to such option exercise).

The shares were acquired in the ordinary course of Mr. Parmar's investment activities. Mr. Parmar holds common shares in the ordinary course of his investment activities, and may from time to time acquire additional securities, dispose of some or all of the existing or additional securities, or continue to hold securities of the company.

1428 Investments is a corporation organized under the laws of British Columbia which conducts ordinary investment activities.

To obtain a copy of the early warning report filed under applicable Canadian securities laws in connection with the transactions hereunder, please see the company's SEDAR+ profile or contact Elliot McKerr, chief executive officer of the company, at 1-866-590-9289.

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