Bobby Genovese

July 16, 2015 13:58 ET

Holdings in STT Enviro Corp.

ST. MICHAEL, BARBADOS--(Marketwired - July 16, 2015) - On July 14, 2015 and July 15, 2015, Bobby Genovese (the "Filer") sold 5,504,000 common shares ("Common Shares") of STT Enviro Corp. ("STT Enviro"), representing 10.6% of the 47,595,525 issued and outstanding Common Shares of STT Enviro. As a result, for the purposes of applicable Canadian securities laws, the Filer now has beneficial ownership of 3,346,000 Common Shares, which constitute approximately 7.0% of the Common Shares of STT Enviro, calculated in accordance with applicable Canadian securities laws. . Accordingly, the Filer is no longer subject to the early warning reporting requirements under applicable Canadian securities laws with respect to STT Enviro.

The Common Shares were sold through the TSX Venture Exchange.

The securities are held by the Filer for investment purposes. The Filer intends to review its investment in STT Enviro on a continuing basis. Depending on various factors including, without limitation, STT Enviro's financial position and prospects, the price levels of the securities of STT Enviro, conditions in the securities markets and general economic and industry conditions, the Filer's business or financial condition and other factors and conditions the Filer deems appropriate, the Filer may in the future take such actions with respect to its investment in STT Enviro as the Filer deems appropriate including, without limitation, acquiring, selling or otherwise disposing of securities of STT Enviro. In addition, the Filer may formulate other purposes, plans or proposals regarding STT Enviro or any of its securities to the extent deemed advisable in light of general investment and trading policies, market conditions or other factors or may change its intention with respect to any and all matters referred to in this release.

The issuance and filing of this release is not an admission that any entity named in this release owns or controls any securities described in this release or is a joint actor with another named entity.

A copy of the early warning report to be filed by the Filer in connection with the information in this press release may be obtained from Stacey Vogel at (954) 762-2223 extension 3.

The address of the Filer is:
Suite 203
Lauriston House
Lower Collymore Rock
St. Michael, Barbados

Contact Information

  • Stacey Vogel
    (954) 762-2223 extension 3