(TheNewswire)
Vancouver, BC / TheNewswire / August 7, 2018 - This news release is being disseminated by Chet Idziszek (the “Offeror”) as required under National Instrument 62-104 – Take-Over Bids and Issuer Bids (“NI 62-104”) in connection with the filing of an Early Warning Report regarding the acquisition of common shares in the capital of Lund Enterprises Corp. (the “Company”).
The Offeror confirms that, on August 7, 2018, he acquired 416,666 common shares at $0.12 per share (the “Shares”).
The Acquired Common Shares represent 3.88% of the issued and outstanding common shares of the Company. The Acquired Common Shares plus the common shares of the Company previously held by the Offeror total 1,694,462 common shares, representing 15.21% of the issued and outstanding common shares of the Company.
The Offeror acquired the Shares pursuant to a private placement subscription agreement between the Offeror and the Company and the Acquired Common Shares were issued to the Offeror from the Company’s treasury. The Offeror has purchased the Shares pursuant to the applicable exemption for the issuance of securities to directors of an issuer (as provided for in National Instrument 45-106 - Prospectus and Registration Exemptions).
The Shares were acquired for investment purposes.
A copy of the related Early Warning Report may be obtained by contacting Chet Idziszek by telephone at 604-331-8772 or by written request mailed to him at 300 – 1055 West Hastings Street, Vancouver, BC V6E 2E9.
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