Corporation Gold Treegenic

July 10, 2013 11:53 ET

Gold Treegenic Corporation-Press Release Pursuant to Early Warning Legislation

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.

MONTREAL, QUEBEC--(Marketwired - July 10, 2013) - Jean-François Lemay of 12787 Bedford, Montreal, Quebec, H9A 1C1, has acquired ownership of 39,764,400 common shares (the "Shares") of Gold Treegenic Corporation (the "Issuer") pursuant to debt settlements. The Shares represent approximately 38.9% of the Issuer's issued and outstanding common shares of the Issuer.

Prior to such acquisition, Mr. Lemay did not hold, directly, indirectly nor had control over, any common shares of the Issuer.

Following the acquisition, Mr. Lemay holds, directly or indirectly or has control over, 39,764,400 common shares in the capital of the Issuer representing approximately 38.9% of the Issuer's issued and outstanding common shares.

The Common Shares were acquired by Mr. Lemay as principal for investment purposes pursuant to debt settlements of $82,933 with the Issuer in reliance upon section 2.14 of Regulation 45-106 respecting prospectus and registration exemptions. These holdings will be evaluated and the investments increased or decreased as circumstances warrant.

A report respecting this acquisition will be electronically filed with the Securities Commission in each jurisdiction where the Issuer is reporting and will be available for viewing through the Internet at the Canadian System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.

The information herein has not been approved or disapproved by regulatory authorities.

Contact Information

  • Jean-Francois Lemay
    (514) 214-8388