Le Lézard
Classified in: Business
Subject: SRP

Joint Early Warning Press Release of Ahmet Taçyildiz and MYA Gayrimenkul ve In?aat Tic. A. ?. Regarding Common Shares of Aldridge Minerals Inc.


TORONTO, Aug. 23, 2017 /CNW/ - Ahmet Taçyildiz ("ANT"), the Chairman and controlling shareholder of ANT Holding Anonim Sti and a director of Aldridge Minerals Inc. ("Aldridge"), and MYA Gayrimenkul ve In?aat Tic. A. ?. ("MYA") jointly announce that on August 23, 2017, ANT sold 16,000,000 common shares (the "Common Shares") in the capital of Aldridge to MYA.

Immediately prior to the disposition, ANT owned 66,617,442 Common Shares, representing approximately 47.4% of the then issued and outstanding Common Shares. This disposition decreases ANT's position in the Common Shares by 16,000,000 Common Shares (or approximately 11.4%) to 50,617,442 Common Shares, or approximately 36.0% of the presently issued and outstanding Common Shares.

Correspondingly, MYA has acquired ownership of 16,000,000 Common Shares representing approximately 11.4% of the presently issued and outstanding Common Shares. Immediately prior to the acquisition, MYA owned no shares in the capital of Aldridge. ANT and MYA are not joint actors.

The securities were transferred through a private transaction at a price of $0.20 per Common Share for aggregate proceeds of $3,200,000. MYA has acquired the Common Shares for investment purposes, and may acquire further Common Shares, or dispose of its holdings of Common Shares, both as investment conditions warrant. Aldridge is listed on the TSX Venture Exchange under the symbol "AGM". ANT also maintains its shareholdings in Aldridge for investment purposes, and may acquire further Common Shares, or dispose of its holdings of Common Shares, both as investment conditions warrant.

ANT is located at Kore Sehitleri Caddesi, No: 8 Esentepe Sisli, 34394 Istanbul, Turkey. MYA is located at Yeni?ehir Mahallesi, Atatürk Bulvari, 63 K:1 D:1 Iskenderun-Hatay, Turkey. Aldridge is located at 10 King Street East, Suite 300, Toronto, ON, Canada M5C 1C3.

SOURCE Ahmet Taçyildiz


These press releases may also interest you

at 10:06
The following issues have been halted by CIRO Company:  GoviEx Uranium Inc. TSX-Venture Symbol: GXU All Issues: Yes Reason: Pending News Halt Time (ET): 9:57 AM CIRO can make a decision to impose a temporary suspension (halt) of trading in a...

at 10:01
As the UK heads to the polls today, financial markets are holding steady as forecasts predict a new Labour government. The long-anticipated shift seems imminent, with Labour maintaining a consistent 20-point lead in key polls since October 2022....

at 10:00
Clariti Strategic Advisorstm ("Clariti") is excited to announce that our team has expanded: Tommy Lieu has joined us as a Director, Martin Jakubowski has joined us as an Associate and Aaron Veltri has joined us as an Analyst in our investment banking...

at 10:00
Westcap Mgt. Ltd. ("Westcap") is pleased to announce that its portfolio company, Timber-Tech Truss Limited Partnership ("Timber-Tech" or the "Company"), has acquired Brydon Stairs Ltd. ("Brydon"). Operating in Calgary, Alberta, in the home...

at 10:00
Prudent Growth Partners, LLC, a Chapel Hill, NC-based private equity real estate firm, has sold its Grandfather Center property in Banner Elk, NC for $5,200,000. The 37,438-square-foot neighborhood retail center was purchased in April 2022 for...

at 09:45
Ultra Lithium Inc. ("Ultra Lithium" or the "Company") today announced it has received a cash notice ("Cash Notice") from Power Minerals Limited ("Power Minerals") for the full repayment of amounts outstanding under a convertible loan agreement...



News published on and distributed by: