Colonial Coal {TSX.V: CAD}
David Emri has filed an early warning report dated Sept. 5, 2018, advising of his holdings in Colonial Coal International Corp.
As of Aug. 28, 2018, Mr. Emri beneficially owns or controls, through entities controlled by Mr. Emri, an aggregate of 16,204,200 common shares and two million warrants, representing approximately 11.99 % on a partially diluted basis.
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Map of the Peace River Coalfield, Flatbed is licence 3, and Huegenot licence 4
Colonial Coal investor Emri adds to holdings
2018-09-05 14:39 ET – News Release
Mr. David Emri, shareholder, reports
SHAREHOLDER NEWS RELEASE
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Vancouver, BC. Colonial Coal {TSX.V: CAD} – David Emri has filed an early warning report dated Sept. 5, 2018, advising of his holdings in Colonial Coal International Corp. The common shares of the issuer are listed on the TSX Venture Exchange under the trading symbol CAD. The issuer’s head office is located at Suite 200, 595 Howe St., Vancouver, B.C., V6C 2T5, and Mr. Emri’s office is located at Suite 2705, 1077 W. Cordova St. Vancouver, B.C., V6C 2C6.
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On May 8, 2017, David Emri Consulting Inc., an entity controlled Mr. Emri, acquired 752,000 common shares of the issuer through the facilities of the TSX Venture Exchange at a price of 14.95 cents per share. The shares represented approximately 0.51 per cent of the issued and outstanding common shares of the issuer.
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Following this acquisition, Mr. Emri beneficially owned or controlled an aggregate of 13,794,700 common shares and two million warrants, representing approximately 10.48 per cent of the issued and outstanding common shares of the issuer on a partially diluted basis assuming exercise of all of the warrants, or approximately 9.27 per cent of the issued and outstanding common shares of the issuer on a non-diluted basis.
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As of Aug. 28, 2018, Mr. Emri beneficially owns or controls, through entities controlled by Mr. Emri, an aggregate of 16,204,200 common shares and two million warrants, representing approximately 11.99 per cent of the issued and outstanding common shares of the issuer on partially diluted basis assuming exercise of all of the warrants, or approximately 10.82 per cent of the issued and outstanding common shares of the issuer on a non-diluted basis. Mr. Emri may acquire further securities of the issuer in the future.
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This press release is issued pursuant to early warning requirements of National Instrument 62-104 and National Instrument 62-103, which also requires a report to be filed with regulatory authorities in each of the jurisdictions containing additional information with respect to the foregoing matters.
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A copy of the early warning report will be available under the issuer’s SEDAR profile and may be obtained by contacting Mr. Emri at 604-319-7600 or by e-mail to david@emrigroup.com.
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