TORONTO, ONTARIO--(Marketwired - Feb. 18, 2015) - Zoran Arandjelovic, a director and officer of Rockefeller Hughes Corporation ("RHC" or the "Corporation") announces that since his last early warning report dated August 6, 2014, he has acquired direct and beneficial ownership of a total of 2,733,270 common shares of the Corporation, 526,759 in lieu of salary (at a deemed price of $0.21 per share), 156,511 in lieu of annual bonus (at a deemed price of $0. 35 per share), 1,800,000 common shares (at a price of $0.18 per share) through a private transaction effective February 16, 2015, and 250,000 common shares through the facilities of the TSX Venture Exchange at various times and various prices since August 6, 2014. The total 2,733,270 common shares acquired by Mr. Arandjelovic represent approximately 3.69% of the issued and outstanding common shares of the Corporation as at February 16, 2015.
As a result of these acquisitions Mr. Arandjelovic holds a total of 28,773,370 common shares of RHC and 6,830,000 warrants, representing approximately 38.8% of the issued and outstanding common shares and 48% of the issued and outstanding warrants of RHC as at February 16, 2015. There are no other persons acting jointly or in concert with Mr. Arandjelovic.
Mr. Arandjelovic effected the acquisition of the common shares for long term investment purposes. He reserves the right to purchase additional securities of RHC or to dispose of any securities of the Corporation that it may own, from time to time.
For additional information, or to obtain a copy of the report required pursuant to the early warning reporting requirements, please contact:
Mr. Zoran Arandjelovic
c/o 9, 150 Jardin Drive
Concord, ON L4K 3P9
Telephone: 905 760-7761
Contact Information:
c/o 9, 150 Jardin Drive
Concord, ON L4K 3P9
Telephone: 905 760-7761