Graydon Kowal

September 10, 2014 12:57 ET

Graydon Kowal Acquires Position in Strike Graphite Corp.

CALGARY, ALBERTA--(Marketwired - Sept. 10, 2014) - Graydon Kowal ("Kowal") issues this press release pursuant to Part 3 - Early Warning Requirements of National Instrument 62-103 with respect to Strike Graphite Corp. ("Issuer" or "Strike").

On August 19, 2014 Graydon Kowal acquired through a private placement 833,333 Strike common shares ("Common Shares") at a price of $0.06 per Common Share.

The Common Shares acquired by Mr. Kowal represent approximately 10.65% of the current issued and outstanding Common Shares of Strike. Prior to these transactions, Mr. Kowal did not hold any Common Shares in Strike.

Following this transaction, Mr. Kowal will hold an aggregate of 833,333 Common Shares share purchase warrants to purchase an additional 416,666 Common Shares. If Mr. Kowal was to exercise all of the warrants, it would represent a total of 1,249,999, or approximately 15.17% of the issued and outstanding capital of Strike calculated on a partially diluted basis assuming the exercise of the warrants.

These securities were acquired for investment purposes only. Depending on economic or market conditions or matters relating to Strike, Mr. Kowal may choose to either acquire additional securities or dispose of securities of Strike.

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.

Contact Information

  • Graydon Kowal
    (403) 269-5870