SOURCE: AMARANTH RESOURCES LIMITED

August 04, 2015 18:35 ET

Amaranth Resources Limited Sells Shares of Guardian Capital Group Limited

TORONTO, ON--(Marketwired - August 04, 2015) - Amaranth Resources Limited ("Amaranth") announced today that it sold 457,270 common shares ("Common Shares") of Guardian Capital Group Limited (TSX: GCG) ("Guardian") representing approximately 9.573% of the outstanding Common Shares, pursuant to a private transaction at a price of $19.97 per share.

Immediately prior to the sale of Common Shares, Amaranth owned 914,540 Common Shares or 19.146% of the outstanding Common Shares. As a result of the disposition, Amaranth now owns 457,270 Common Shares or approximately 9.573% of the outstanding Common Shares and has ceased to be an insider of Guardian.

Amaranth holds Common Shares for investment purposes. Amaranth may, subject to market conditions and in accordance with applicable securities laws, make additional investments in or dispositions of securities of Guardian, including additional sales or purchases of Common Shares.

An early warning report respecting this purchase will be filed on SEDAR at www.sedar.com and may be obtained by contacting Mr. Abraham Strahl at Amaranth Resources Limited, 22 St. Clair Avenue East, Suite 1701, Toronto, Ontario, M4T 2S3, Telephone: (416) 964-7821.

Contact Information

  • Abraham Strahl
    Amaranth Resources Limited
    22 St. Clair Avenue East, Suite 1701
    Toronto, Ontario, M4T 2S3
    (416) 964-7821