Mr. Mihalis Belantis

October 28, 2014 18:49 ET

Early Warning Report in Respect of QE2 Acquisition Corp.

CALGARY, ALBERTA--(Marketwired - Oct. 28, 2014) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

This press release is issued pursuant to Multilateral Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103- The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.

Mr. Mihalis Belantis of Calgary, Alberta announces that he has acquired ownership or control, directly over 6,000,000 common shares ("Common Shares") (TSX Venture Exchange: QE) in the capital of QE2 Acquisition Corp. (formerly Crowsnest Acquisition Corp.)(the "Corporation") upon the exchange of 6,000,000 class B common shares of QE2 Acquisition Corp. in connection with the completion of the Corporation's TSX Venture Exchange qualifying transaction (the "Qualifying Transaction").

Mr. Belantis now beneficially owns, controls or has direction over, directly, an aggregate of 6,000,000 Common Shares, representing 21% of the Corporation's outstanding Common Shares.

Mr. Belantis acquired the Common Shares pursuant to the share exchange conducted in connection with the Corporation's Qualifying Transaction. Mr. Belantis intends to evaluate these holdings and to increase or decrease his investment in the Corporation as circumstances warrant.

Mr. Belantis became a director of the Corporation on October 20, 2014, following the completion of the Corporation's Qualifying Transaction.

A report respecting this acquisition will be filed with the applicable securities commissions using the System for Electronic Document Analysis and Retrieval (SEDAR) and will be available for viewing on the Corporation's profile at www.sedar.com.

Neither 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.

"Mihalis Belantis"

Mihalis Belantis

Contact Information

  • Mihalis Belantis
    403-701-7299