Abdel Charmand

June 26, 2014 15:34 ET

Abdel Charmand Acquires Securities in Saratoga Electronic Solutions Inc.

MONTREAL, QUEBEC--(Marketwired - June 26, 2014) - Abdel Charmand (the "Offeror"), announces that on June 25, 2014, he acquired, through the facilities of the TSX Venture Exchange, ownership of 520,750 common shares (the "Common Shares") in the capital of Saratoga Electronic Solutions Inc. ("Saratoga"; TSX-V; SAR), at a price of $0.03 per Common Share, representing approximately 2.82% of the outstanding Common Shares as at June 25, 2014.

As a result of this transaction, the Offeror now owns a total of 2 995,750 Common Shares which represent, in the aggregate, approximately 16.23% of the outstanding Common Shares.

The Offeror acquires or disposes of direct ownership of Common Shares for investment purposes only. These investments will be reviewed by the Offeror on a continuing basis and such holdings may be increased or decreased in the future.

A copy of the early warning report related to this news release will be filed forthwith on SEDAR (www.sedar.com)

SOURCE Abdel Charmand

For a copy of such report, please contact Abdel Charmand.

Contact Information

  • Abdel Charmand
    514-961-9111
    7-1190 avenue Ducharme
    Montreal, QC, H2V 1E3