Early Warning Report on Kingsway Arms Retirement Residences Holdings
22 April 2014 - 10:20PM
Marketwired
Early Warning Report on Kingsway Arms Retirement Residences
Holdings
TORONTO, ONTARIO--(Marketwired - Apr 22, 2014) - Joseph
Schillaci (the "Offeror") announces that as of April 21, 2014, he
has acquired an aggregate of 1,852,000 Common Shares in the capital
of Kingsway Arms Retirement Residences Inc. (TSX-VENTURE:KWA), (the
"Company"). Acquisitions have been completed in the market through
the TSX Venture Exchange or other Canadian stock markets. As a
result, the Offeror now owns approximately 10.35% of the issued and
outstanding Common Shares of the Company.
The Offeror has
acquired the securities for investment purposes and is currently
considering whether or not to acquire additional securities of the
Company. Depending upon his evaluation of the business, prospects
and financial condition of the Company, the market for the
Company's securities, general economic and tax conditions and other
factors, the Offeror may acquire more or sell some or all of his
securities of the Company.
Mr. Joseph Schillaci905 615 99215-1290 Blundell RoadMississauga,
OntarioL4Y 1M5
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