Salida Capital International Limited



March 07, 2014 18:20 ET

Salida Capital International Limited Acquires Shares of Oculus Ventures Corporation

TORONTO, ONTARIO--(Marketwired - March 7, 2014) - Salida Capital International Limited ("Salida") announced that it, on behalf of Salida Strategic Growth Fund SARL which it manages and advises (the "Fund"), participated in a non-brokered private placement of common shares ("Common Shares") of Oculus Ventures Corporation ("Oculus") on March 6, 2014 and acquired an aggregate of 4,116,125 Common Shares at a price of $0.05 per share (the "Acquisition").

As a result of the Acquisition, the Fund beneficially owned, and Salida exercised control and direction over, an aggregate of 4,116,125 Common Shares, representing approximately 15.45% of the Issuer's 26,650,002 issued and outstanding Common Shares.

This press release is issued pursuant to National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which requires a report to be filed on SEDAR (www.sedar.com) containing additional information with respect to the foregoing matters.

Contact Information

  • For additional information, or for a copy of the early
    warning report filed in respect of the above transactions:
    Daniel Guy
    441-293-0960