|By Marketwired .||
|August 19, 2014 12:30 PM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 08/19/14 -- Inflection Management Corporation ("Inflection"), an entity owned by Mr. Sergey Kolesnikov, announces that on August 18, 2014, it completed the second of two tranches of a private placement and acquired ownership and control of 17,476,471 common shares of Silver Bear Resources Inc. at a price of $0.17 per Silver Bear common share.
Following the completion of this private placement, Inflection holds in the aggregate 41,176,471 common shares representing 25.7% of Silver Bear's issued and outstanding common shares.
Silver Bear obtained approval to complete the private placement by its disinterested shareholders on July 10, 2014.
Inflection acquired the common shares of Silver Bear for investment purposes and continues to monitor the business, prospects, financial condition and potential capital requirements of Silver Bear. Depending on its evaluation of these and other factors, Inflection may from time to time in the future increase or decrease its ownership, control or direction over the shares or other securities of Silver Bear through market transactions, private agreements, subscriptions from treasury or otherwise.
For further information, including a copy of the
corresponding report filed with Canadian
securities regulators, contact:
Inflection Management Corporation
Dec. 5, 2016 01:15 PM EST Reads: 2,150
Dec. 5, 2016 01:15 PM EST Reads: 2,005
Dec. 5, 2016 01:00 PM EST Reads: 832
Dec. 5, 2016 12:45 PM EST Reads: 656
Dec. 5, 2016 12:34 PM EST Reads: 148
Dec. 5, 2016 12:30 PM EST Reads: 2,281
Dec. 5, 2016 12:30 PM EST Reads: 936
Dec. 5, 2016 11:45 AM EST Reads: 918
Dec. 5, 2016 11:38 AM EST Reads: 183
Dec. 5, 2016 11:30 AM EST Reads: 760
Dec. 5, 2016 11:30 AM EST Reads: 782
Dec. 5, 2016 11:15 AM EST Reads: 936
Dec. 5, 2016 11:00 AM EST Reads: 660
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
Dec. 5, 2016 10:30 AM EST Reads: 645
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and sh...
Dec. 5, 2016 10:30 AM EST Reads: 281