May 07, 2014 08:14 ET
JERSEY, CHANNEL ISLANDS--(Marketwired - May 7, 2014) - Richard Griffiths, today announced that between 28 April and 30 April 2014 he acquired, together with his controlled undertaking Blake Holdings Limited, a total of 5,468,500 common shares in the capital of Euromax Resources Ltd at an average price of $14.73 per share pursuant to open market purchases on the Toronto Stock Exchange. The acquisition purchases comprise 6.41% of the total issued and outstanding common shares of Euromax Resources Ltd.
As a result of this acquisition and together with securities previously held, Richard Griffiths now controls a total of 13,568,500 common shares, representing 15.90% of the total issued and outstanding common shares of Euromax Resources Ltd, of which 6,360,000 are held direct and 7,208,500 are held by Blake Holdings Limited.
Richard Griffiths acquired the above common shares for investment purposes and may, from time to time, acquire additional securities of Euromax Resources Ltd or dispose of such securities as he may deem appropriate.
Michael Bretherton+44(0)1481 738 724
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