Zebra Holdings & Investments S.a.r.l.

October 15, 2009 14:36 ET

Zebra Holdings & Investments S.a r.l.: Corporate Update

LUXEMBOURG, LUXEMBOURG--(Marketwire - Oct. 15, 2009) - Zebra Holdings & Investments S.a r.l. (the "Offeror") announces that on October 9, 2009 it exercised 3,750,000 share purchase warrants of Fortress Minerals Corp. (the "Company") at a price of $0.25 per warrant and acquired ownership of 3,750,000 common shares of the Company. Prior to the exercise of the warrants, the Offeror owned 13,681,250 common shares of the Company. In addition, the Offeror acts jointly with an investment company (the "Joint Actor") which owns 38,183,334 common shares of the Company. Following the exercise of the warrants, the Offeror and the Joint Actor own and have control over a total of 55,614,584 common shares of the Company, or approximately 33.1% of the issued and outstanding shares of the Company.

The Offeror and the Joint Actor have acquired securities in the Company for investment purposes only and may, in the ordinary course of their business, acquire additional securities of the Company depending on market and other conditions.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Zebra Holdings & Investments S.a r.l.
    Mr. Aksel Azrac
    + 352-266-448-1