Investor Increases Position in Manning Ventures to 19.4%
Vancouver, British Columbia – TheNewswire - January 12, 2021 – Mr. Etienne Moshevich of Vancouver, British Columbia reports that he has acquired control and direction over 2,590,000 common shares of Manning Ventures Inc. (the “Company”) (CNSX:MANN.CN) through the facilitates of the Canadian Securities Exchange. The shares represent approximately 14.0% of the issued and outstanding common shares of the Company and were acquired at a price of Cdn$0.10 per share.
Following the acquisition, Mr. Moshevich has control and direction over 3,580,000 common shares of the Company, of which 990,000 are held by Transcend Capital Inc., a holding company controlled by Mr. Moshevich. The shares represent approximately 19.4% of the issued and outstanding common shares of the Issuer.
Mr. Moshevich has acquired the shares for investment purposes and, as disclosed in the accompanying Early Warning Report, may in the future acquire or dispose of securities of the Company, through the market, privately or otherwise, as circumstances or market conditions warrant.
A copy of the Early Warning Report filed with the applicable securities regulators regarding the above acquisition is available on SEDAR (www.sedar.com).
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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.