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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

Subject: HYTN INNOVATIONS NEWS RELEASE - JAN 12 - IMMEDIATE DISSEMINATION Word Document File: '\\swfile\EmailIn\20240112 152743 Attachment EW Press Release (HYTN)(2).docx' Aman Parmar Announces Acquisition of Common Shares of HYTN Innovations Inc. VANCOUVER, British Columbia, January 12, 2024 - Aman Parmar of 602 - 13737 96 Avenue, Surrey, BC V3V 0C6 announces that on January 11, 2024 he acquired ownership and control over 140,000 common shares (the "Shares") in the capital of HYTN Innovations Inc. (the "Company") through 1428 Investments Inc. (the "Acquisition"). The Shares were acquired through the facilities of the Canadian Securities Exchange at a per Share price of C$0.0826 for a total cost of C$11,564. Prior to the Acquisition, Mr. Parmar, personally and through 1428 Investments Inc., had ownership and control over 8,371,000 common shares in the capital of the Company (the "Common Shares"), representing approximately 12.42% 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 $0.35 per Common Share. Following the Acquisition, Mr. Parmar, personally and through 1428 Investments Inc., has ownership and control over 8,511,000 Common Shares, representing approximately 12.63% 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 Inc., would have ownership and control over 8,661,000 Common Shares, representing approximately 12.82% 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 may continue to hold securities of the Company. 1428 Investments Inc. is a corporation organized under the laws of British Columbia which conducts ordinary investment activities, with an address at 602 - 13737 96 Avenue, Surrey, BC V3V 0C6. The head office of the Company is 12 East 4th Avenue, Vancouver, British Columbia V5T 1E8. 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 at www.sedarplus.ca or contact Elliot McKerr, CEO of the Company, at 1-866-590-9289.

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