Le Lézard
Classified in: Business

Chadwick Wasilenkoff Disposes of Partial Share Position of Fortress Global Enterprises


VANCOUVER, Aug. 20, 2019 /CNW/ - This press release is issued pursuant to Section 5.2(2) of NI 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.

Chadwick Wasilenkoff announces that he has disposed ownership, through the open market Toronto Stock Exchange ("TSX"), an aggregate of 329,400 Class A Common Voting Shares ("Shares") in the capital of Fortress Global Enterprises Ltd. ("FORTRESS") between Dec 31, 2018 and August 19th, 2019 at an average price of $0.8513CAD per Share for total gross proceeds of $280,426.50CAD.

On December 31st, 2018 Mr. Wasilenkoff held 2,434,702 Class A Common Shares and 126,785 DSUs being approximately 17.1% of the total issued and outstanding Shares (on a partially diluted basis) on that date.

As at August 19, 2019, Mr. Wasilenkoff currently holds 2,105,302 Common Shares, and 126,785 DSUs that will vest on or before May 28th, 2020, being approximately 14.9% of the total issued and outstanding Shares (on a partially diluted basis). 

Depending on market and other conditions, Mr. Wasilenkoff may take such additional actions in respect of his holdings in the future as he deems appropriate in light of the then existing circumstances.

Fortress Global Enterprises Ltd.'s head office is located at: 157 Chadwick Court, North Vancouver, BC, V7M 3K2, Canada

SOURCE Chadwick Wasilenkoff


These press releases may also interest you

at 11:25
Ryan's Quest, a New Jersey based non-profit organization dedicated to finding treatments and a cure for Duchenne muscular dystrophy (DMD) is excited to announce the collaboration of four Duchenne foundations to provide a $200,000 research grant to...

at 11:23
Lily Funds, through its affiliated company New World LLC, has announced the successful sale of a 5.25-acre property along Las Vegas's "Resort Corridor." The sale of 5051 Las Vegas Blvd. for $21 million, to Shopoff Realty...

at 11:20
Recent surveys from Airbnb find spending on vacation travel will increase in 2020, and central to that growth are Black Americans. Fifty seven percent of Americans prefer to spend their money on experiences over things and 37 percent plan to increase...

at 11:15
The Federal Home Loan Bank of New York ("FHLBNY") today released its unaudited financial highlights for the quarter and year ended December 31, 2019.  The FHLBNY's net income for 2019 was $472.6 million, a decrease of $87.9 million, or 15.7 percent,...

at 11:15
The average cost of college tuition hovers around $36,000, which leaves most American households whose income is $46,800 unable to access higher education opportunities for their children. In response to skyrocketing college tuition costs, myKlovr...

at 11:14
Trading resumes in: Company: Auxico Resources Canada Inc. CSE Symbol: AUAG Resumption (ET): 11:45 AM IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are...



News published on 20 august 2019 at 21:33 and distributed by: