This news is classified in: Sustainable Energy Solar
Dec 30, 2017
Pasquale DiCapo announces that he has acquired (the "Acquisition") ownership and control of an aggregate of 3,075,800 common shares of CDN MSolar Corp. on December 29, 2017.
The Acquirer held no common shares or other securities of the Company prior to the Acquisition. The Subject Shares represented approximately 14% of all issued and outstanding common shares of the Company as of December 29, 2017 immediately following the Acquisition.
Consequently, immediately following the Acquisition, the Acquirer held an aggregate of the 3,075,800 Subject Shares, representing approximately 14% of the issued and outstanding common shares of the Company.
The Subject Shares were acquired in a private purchase pursuant to a purchase and sale agreement and not through the facilities of any stock exchange. The aggregate consideration paid for the Subject Shares was $52,719.21, or approximately $0.0171 per Subject Share.
The Acquirer purchased the Subject Shares for investment reasons, and may, depending on market and other conditions, increase or decrease his beneficial ownership, control or direction over additional securities of the Company, but does not have any plans related to any of the matters in the enumerated list in Item 5.1 of Form 62-103F1.
