Le Lézard
Classified in: Mining industry

Javelin Minerals Inc. Purchases Shares of Tajiri


VANCOUVER, July 20, 2018 /CNW/ - Javelin Minerals Inc. ("Javelin") a privately held Company, makes the following announcement in accordance with National Instrument 62-103 The Early Warning System and Related Take Over Bids and Insider Reporting Issues.

Javelin advises that it has filed an early warning report in connection with the issuance by Tajiri Resources Corp. ("Tajiri") relating to the purchase of 3,900,000 units ("Units") of Tajiri as part of a private placement announced June 16th, 2018; each Unit consisting of one common share (the "Shares") and one common share purchase warrant ("Warrants").  

Tajiri Resources is a reporting issuer whose common shares are listed on the TSX Venture Exchange; having its head office at Suite 608 - 409 Granville Street, Vancouver, BC.

Javelin Minerals is a privately held Company controlled by Mr. Dominic O'Sullivan who is in turn Tajiri Resources Executive Chairman and a Director.

Immediately before the issuance of the Units, Mr. O'Sullivan and Javelin controlled and beneficially owned 12,985,166 Shares of Tajiri.  Following this most recent investment, Mr. O'Sullivan's and Javelin's holdings will be 16,885,166 or 23% of the issued and outstanding shares on a diluted basis and 20,785,166 or 24% on a fully diluted bases.

Both Javelin and Mr. O'Sullivan may acquire additional securities of Tajiri or may sell some or all of the securities now held by them from time to time in the future, but they do not presently have intentions in either regard.  Similarly, neither presently has any plans or intentions to (a) undertake a corporate transaction, such as a merger, reorganization or liquidation, involving Tajiri or any of its subsidiaries; (b) sell or transfer any other material assets to Tajiri; or cause Tajiri to sell or dispose of any of its material assets; (c) change the board of directors or management of Tajiri, including any plans or intentions to change the number or term of directors or to fill any existing vacancy on its board; (d) effect a material change in the present capitalization or dividend policy of Tajiri; (e) effect a material change in Tajiri's business or corporate structure; (f) effect a change in Tajiri's charter, bylaws or similar instruments or another action which might impede the acquisition of control of Tajiri by any person or company; (g) cause any class of securities of Tajiri to be delisted from, or cease to be authorized to be quoted on, a marketplace; (h) cause Tajiri to cease to be a reporting issuer in any jurisdiction of Canada; (i) solicit proxies from securityholders; or (j) any action similar to any of those enumerated above.  

A copy of the early warning report may be found under Tajiri's profile on www.sedar.com. 

As Relating to Tajri Resources Corp.

"Signed"
________________________________

Dominic O'Sullivan
Director
Javelin Minerals Inc.

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.

SOURCE Javelin Minerals Inc.


These press releases may also interest you

at 16:35
PROBE GOLD INC.  ("Probe" or the "Company") is very pleased to announce the appointment of Shannon McCrae to its board of directors, effective immediately. Ms. Shannon McCrae is a seasoned professional geologist and executive with more than 25...

at 16:30
Puma Exploration Inc. (the "Company" or "Puma") announces that it has closed a non-brokered placement (the "CFT Private Placement") consisting of 5,000,000 Charity flow-through units (the "CFT Units") at $0.125 per CFT Unit for gross proceeds of...

at 16:30
Metalla Royalty & Streaming Ltd. ("Metalla" or the "Company") announces its operating and financial results for the year ended December 31, 2023. Metalla has also filed with the U.S. Securities and Exchange Commission (the "SEC") its SEC Annual...

at 16:30
Peabody today filed its Proxy Statement for its 2024 Annual Meeting of Stockholders to be held on May 9, 2024, which disclosed that current members of Peabody's Board of Directors Samantha B. Algaze and David J. Miller have determined that they will...

at 16:15
THROUGH ITS GROWING COMMUNITY AND SUPPORT FROM GALLIOTT CAPITAL, OLIVELA FUNDS 1MM+ DAYS OF SCHOOL FOR GIRLS Executive Summary: OLIVELA is a force for change in a rapidly evolving retail environment by leading with mission (20% of net proceeds...

at 16:15
Noram Lithium Corp. ("Noram" or the "Company") announces that Mr. Adam Falkoff has resigned from the Board of Directors but will remain as an advisor to the Company. The Company would like to thank Mr. Falkoff for his support,...



News published on and distributed by: