Ross J. Beaty

April 07, 2014 19:41 ET

Ross J. Beaty: News Release

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 7, 2014) - Ross J. Beaty, of 1550 - 625 Howe Street, Vancouver, British Columbia, V6C 2T6, today announced that on April 1, 2014, he indirectly acquired ownership of 26,640,442 common shares of Kivalliq Energy Corporation (the "Common Shares") that were previously owned by Lumina Capital Limited Partnership (the "Partnership"), pursuant to Section 2.11 of National Instrument 45-106 Prospectus and Registration Exemptions. The Common Shares represent approximately 13.95% of the total number of the then issued and outstanding common shares of Kivalliq Energy Corporation.

The Partnership was dissolved effective April 1, 2014 (the "Dissolution"), and as a result, Mr. Beaty now owns, directly or indirectly, or exercises control or direction over, a total of 26,640,442 Common Shares, representing approximately 13.95% of the total number of the then issued and outstanding Common Shares. The acquired Common Shares are owned indirectly by Kestrel Holdings Ltd., a corporation controlled by Mr. Beaty and a former limited partner of the Partnership.

Mr. Beaty may, in the future, acquire ownership and control over additional securities of Kivalliq Energy Corporation for investment purposes.

Contact Information

  • For more information, or to obtain a copy of the
    subject early warning report, please contact:
    Ross J. Beaty
    (604) 684-1175
    (604) 684-0147 (FAX)

    1550 - 625 Howe Street
    Vancouver, British Columbia
    V6C 2T6